Is your Digital Marketing Strategy Still Working in 2019?

Is your Digital Marketing Strategy Still Working in 2019?

Digital marketing is constantly evolving, and, in 2019, it is projected that over half of advertising budgets will be spent in digital (and this will only continue to grow). This means that digital should be at the heart of your sales or marketing strategy. While most businesses have embraced digital marketing, the question remains – am I having the biggest impact possible? Is my strategy and execution focused on the right areas?

The reality of digital marketing is that the “shiny new objects” rarely get consistent results until they’ve hit mass adoption. A solid strategy focuses on what actually works in digital marketing and finding creative and focused ways to take advantage of these. This is why I wrote the book Digital Marketing that Actually Works  to help businesses make smart choices in digital marketing based on what works now.So what actually works in 2019? Where should you focus your sales or marketing dollars to maximize return on investment?digital strategy

Social Media: Social media is still a big part of most digital marketing strategies. Facebook and Instagram continue to dominate (Facebook mostly as paid, Instagram still offers both opportunities) and LinkedIn is emerging as a more powerful player worth your time and attention.

Digital Advertising: Digital ads represent over 50% of most ad budgets and are able to address full-funnel marketing or sales concerns. Funnel or Inbound marketing approaches are taking advantage of digital targeting while measurement is making digital advertising even more effective.

SEO: Search Engine Optimization is a tried and true strategy that gets business results. Don’t forget the importance of search, as for many businesses it represents over 50% their website traffic – and that traffic is very valuable. With the growth of mobile and voice, a solid search strategy should aim for a top three search result to break through.

Website: Your website is still incredibly important and likely the center of your strategy. Focus on making sure that your website is fast (Google recommends under three seconds) and optimized for mobile.

Conversational Marketing: Influencer marketing is growing in importance – for both B2B and B2C. Word-of-mouth and digital PR continue to provide opportunities for business growth. These areas tend to be under-invested in by businesses and present unique opportunities.

E-Mail: With mobile and chatbots, email doesn’t get a lot of attention but it is still one of the top tools to drive conversions and purchases. Don’t just focus on sending emails, but look at your ROI thoughtfully and be sure to link every email to a single and clear marketing objective.

CRM: CRM data is becoming more and more connected to other digital marketing channels, which is what powers the opportunities for personalization and customization. There are effective CRM solutions for businesses of all sizes, but effectively connecting internal sales, marketing, and customer service teams is still a big challenge.

Mobile: We know that mobile overtakes desktop in almost every digital marketing channel, so mobile optimization should be second nature. Emerging opportunities exist within mobile such as AR and VR.

As you build your digital marketing strategy digital marketing strategy for 2020 your focus should be on choosing a few digital marketing channels that really matter and focusing on mastering them. Do a few things well vs. many things poorly.

To facilitate this, we created the Investment/Impact graph to help businesses plot potential investments and make smarter choices. There is almost no end to what you could do in digital marketing, the question is what you should do. The investment impact chart allows you to plot your ideas or marketing investments based on the investment (total cost) and the impact that they are expected to have (sales).

digital strategyA healthy marketing plan will have investments in low hanging fruit, the ROI center and big bets. As digital maturity increases so will the choices in investment/impact. There will be less low hanging fruit freeing up more investment for big bets.

Using the investment/impact chart to prioritize digital spending will help you prioritize digital investments. The challenge is to have the knowledge and experience to graph opportunities appropriately.

In 2019 and beyond digital will only continue to grow in importance. The challenge is to fully take advantage of it and focus on the most impactful areas for your business.

To learn more about Digital Marketing That Works Right Now, check out our webinar being held on September 26, 2019.

Personal Branding: How to Craft and Harness your Personal Brand to Attract the Right Opportunities

Personal Branding: How to Craft and Harness your Personal Brand to Attract the Right Opportunities

A personal brand is a powerful tool to attract business opportunities to you and position yourself or your organization as a leader in the industry. All too often, business professionals start thinking about their personal brand when they need something – new clients, a new job or a favor. Smart business professionals are proactively building and growing their personal brand to attract the opportunities that they want in their career.

Over 13 years ago I started thinking about my personal brand. Not because I was forward thinking, but because I had a Myspace Page (yes, that long ago) and started getting friend requests from industry professional contacts. While I didn’t mind sharing my personal side, I also felt it was important to have a professional presence. This was before LinkedIn, so I created a blog and started to share what I was doing with social media marketing. I quickly became a recognized thought leader and generated clients, job offers (that I didn’t even think I was qualified for), and other opportunities.

Since then, I’ve become even more proactive about my personal brand and have a deliberate presence online and in-person. My efforts in personal branding have resulted in two book deals (a Dummies book and a textbook), media appearances on CNN, NYT, and the Wall Street Journal, job offers, speaking gigs, and clients. I’ve continuously been amazed by the opportunities that my personal brand attracted. I wanted to help others have the same success, and for the last five years I’ve been working on Launch Yourself! Define, Design, and Deliver a Powerful Personal Brand, my 6th book!

Many people think that online personal branding is about a good LinkedIn profile, or a big network. But in reality a strong personal brand is about crafting and delivering a consistent and memorable impression. There are three vital steps to do this: Define, Design and Deliver.

Step 1: Defining Your Personal Brand

Before you even start building a presence, think about your goals and objectives for your personal brand. What do you want from it? Who do you need to reach? Then think about yourself – what are your strengths and opportunities in the industry that you can feature. How do you benefit the people that you work with? At the end of this you should have a clear idea of your personal brand statement that summarizes your goal, your professional description, your personality, your professional solution, and the benefit that you provide.

Step 2: Designing Your Personal Brand

Designing your brand is where you start to think strategically about the elements of yourself that you want to highlight. The biggest brands in the world like Apple, Starbucks, and Tide use specific elements to design their brands so that people choose them. These same principles can be used to design a personal brand. Your personal brand should be Memorable, Authentic, Distinctive, and Credible. You’ll want to bring your brand to life as consistently as possible, so doing some work upfront to design your brand is vital to your execution.

Step 3: Deliver Your Personal Brand

Finally, deliver a powerful personal brand by bringing your brand to life online and in-person. In-person focus on being consistent and refining your brand over time based on feedback. Online, LinkedIn is a powerful channel to start with by increasing your activity there. In addition, a personal website sets the stage for your online presence, and using less formal channels like Facebook or Instagram strategically can further increase your presence.

To learn more about Personal Branding check out our Personal Branding Webinar taking place on August 22, 2019.

Photo by Jia Ye on Unsplash