A digital marketing strategy takes a number of different tools and
approaches and bundles them into a comprehensive approach.
In Part 3 of Mindhack, we’re going to look at how creating a powerful
digital marketing strategy is essential for hitting your sales targets. We’ll
present a simple step-by-step checklist to building a strategy that covers all
bases and helps you connect with your audience effectively.
Be sure to read Parts 1
and 2
of Mindhack if you want a quick refresher on some of the tools and approaches
we’ve covered so far. Here, we’ll be bringing the concepts we covered earlier
into a comprehensive approach, a strategy through which you can elevate your
brand and drive traffic.
McDonald's U.S. same-store sales up 2.5%. Global comps 1.9%. Revenue $6.17B. EPS $2.66.
Company says digital, marketing and, you guessed it, price increases drove performance. Two-year comps 15.1%, slight acceleration from 4Q. $MCDhttps://t.co/x2E0VrfuOe
— Jonathan Maze (@jonathanmaze) April 30, 2024
1.
Create a Customer Persona
Any digital marketing
Marketing
Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t
Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t
Read this Term journey begins with a clear picture of your ideal
customer. Create detailed customer personas by considering characteristics like
age, preferences, and challenges they face. For instance, if you’re selling pet
care products, your persona might be young families with children who have a
cat and a dog. Whatever persona you come up with, that’s who you’re selling to.
2.
Establish and Measure Your
Goals
Set measurable goals that align with your business objectives, using
tools like Google Analytics to track progress. Whether it's achieving a certain
number of impressions for a campaign or enhancing click-through rates, clear
goals keep your strategy on track. We need to do this so that we can do point
10.
3.
Craft Relevant Content
Align your content creation with your marketing goals, utilizing a mix
of blogs, social media posts, and white papers, or thought leadership pieces. Create
a content calendar, they’re vital for helping to maintain a consistent flow of
material, keeping your brand in the public eye and building ongoing engagement.
4.
Optimize Existing Channels
Evaluate the effectiveness of your current digital channels. Consider
refining underperforming areas or reallocating budgets to more successful
platforms. Experimentation and flexibility can lead to discovering more
impactful methods. Look at how much you’re spending and put the money where you’re
doing well. If you’re failing to have an impact, circle back to point 3 and
consider what you can do to improve your content.
5.
Implement Automation
Streamline repetitive tasks like content posting through automation
Automation
Automation is defined as the procedure of making an apparatus, a process, or a system to operate by mechanical or electronic devices that replace human labor. Additionally, automation is also sometimes referred to as mechanization or robotization. For example, employees have many costly needs, including government regulations. However, robotic workers don’t need much other than some routine maintenance and the occasional bug fix for an equipment malfunction or software bug. There is no overtime
Automation is defined as the procedure of making an apparatus, a process, or a system to operate by mechanical or electronic devices that replace human labor. Additionally, automation is also sometimes referred to as mechanization or robotization. For example, employees have many costly needs, including government regulations. However, robotic workers don’t need much other than some routine maintenance and the occasional bug fix for an equipment malfunction or software bug. There is no overtime
Read this Term
tools and social media management tools. This not only saves time, but also
ensures your marketing materials consistently reach your audience without
additional effort. Using the right tools means that you can run a small, but effective,
marketing team.
6.
Focus on Mobile Users
With the increasing prevalence of smartphones, ensure your digital
presence is mobile-friendly. Quick-loading, easy-to-navigate, and responsive
designs are crucial for keeping potential customers engaged. Yes, desktop users
are still important, but they are getting outpaced by the rise of mobile. The numbers are hard
to gauge, but most analysis shows that the split between mobile and desktop
web traffic is around 50-50, but social media makes up a huge amount of mobile
traffic. What is certain is that mobile interactions with the web are growing
much faster than desktop.
7.
Improve Customer
Interactions
Promptly respond to queries on social media and other platforms.
Engaged customer service increases the likelihood of conversions and builds
trust in your brand. Social media managers, with combined inboxes across channels,
are your friend here. You could also look into AI chatbots.
8.
Select Appropriate
Technologies
Invest in the right technology to enhance your digital marketing
efforts without overwhelming your team. CRM systems and AI tools can automate
mundane tasks, allowing you to focus on strategy and customer engagement.
9.
Clarify What Sets You Apart
Clearly define and communicate your unique selling proposition (USP).
This distinctiveness should be at the forefront of your marketing strategy to
capture the interest of your target audience over competitors. Tailor your
messages around this USP.
10.
Monitor and Adjust
This is the most important factor in all of it. Establish a system to
track the effectiveness of your campaigns. Invest more in successful strategies
and revise or halt underperforming ones. This adaptability is key to staying
relevant and achieving better outcomes. If something doesn’t work, stop it, or
change it.
Developing a digital marketing strategy requires a thorough
understanding of your audience, clear goal setting, content that resonates with
your customers, effective use of technology, and constant adaptation based on
performance metrics. By following these steps, you can create a marketing
strategy that not only meets but exceeds your business objectives, ensuring
your company stands out in a crowded marketplace.
For more finance-adjacent pieces, follow our Trending section.
A digital marketing strategy takes a number of different tools and
approaches and bundles them into a comprehensive approach.
In Part 3 of Mindhack, we’re going to look at how creating a powerful
digital marketing strategy is essential for hitting your sales targets. We’ll
present a simple step-by-step checklist to building a strategy that covers all
bases and helps you connect with your audience effectively.
Be sure to read Parts 1
and 2
of Mindhack if you want a quick refresher on some of the tools and approaches
we’ve covered so far. Here, we’ll be bringing the concepts we covered earlier
into a comprehensive approach, a strategy through which you can elevate your
brand and drive traffic.
McDonald's U.S. same-store sales up 2.5%. Global comps 1.9%. Revenue $6.17B. EPS $2.66.
Company says digital, marketing and, you guessed it, price increases drove performance. Two-year comps 15.1%, slight acceleration from 4Q. $MCDhttps://t.co/x2E0VrfuOe
— Jonathan Maze (@jonathanmaze) April 30, 2024
1.
Create a Customer Persona
Any digital marketing
Marketing
Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t
Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t
Read this Term journey begins with a clear picture of your ideal
customer. Create detailed customer personas by considering characteristics like
age, preferences, and challenges they face. For instance, if you’re selling pet
care products, your persona might be young families with children who have a
cat and a dog. Whatever persona you come up with, that’s who you’re selling to.
2.
Establish and Measure Your
Goals
Set measurable goals that align with your business objectives, using
tools like Google Analytics to track progress. Whether it's achieving a certain
number of impressions for a campaign or enhancing click-through rates, clear
goals keep your strategy on track. We need to do this so that we can do point
10.
3.
Craft Relevant Content
Align your content creation with your marketing goals, utilizing a mix
of blogs, social media posts, and white papers, or thought leadership pieces. Create
a content calendar, they’re vital for helping to maintain a consistent flow of
material, keeping your brand in the public eye and building ongoing engagement.
4.
Optimize Existing Channels
Evaluate the effectiveness of your current digital channels. Consider
refining underperforming areas or reallocating budgets to more successful
platforms. Experimentation and flexibility can lead to discovering more
impactful methods. Look at how much you’re spending and put the money where you’re
doing well. If you’re failing to have an impact, circle back to point 3 and
consider what you can do to improve your content.
5.
Implement Automation
Streamline repetitive tasks like content posting through automation
Automation
Automation is defined as the procedure of making an apparatus, a process, or a system to operate by mechanical or electronic devices that replace human labor. Additionally, automation is also sometimes referred to as mechanization or robotization. For example, employees have many costly needs, including government regulations. However, robotic workers don’t need much other than some routine maintenance and the occasional bug fix for an equipment malfunction or software bug. There is no overtime
Automation is defined as the procedure of making an apparatus, a process, or a system to operate by mechanical or electronic devices that replace human labor. Additionally, automation is also sometimes referred to as mechanization or robotization. For example, employees have many costly needs, including government regulations. However, robotic workers don’t need much other than some routine maintenance and the occasional bug fix for an equipment malfunction or software bug. There is no overtime
Read this Term
tools and social media management tools. This not only saves time, but also
ensures your marketing materials consistently reach your audience without
additional effort. Using the right tools means that you can run a small, but effective,
marketing team.
6.
Focus on Mobile Users
With the increasing prevalence of smartphones, ensure your digital
presence is mobile-friendly. Quick-loading, easy-to-navigate, and responsive
designs are crucial for keeping potential customers engaged. Yes, desktop users
are still important, but they are getting outpaced by the rise of mobile. The numbers are hard
to gauge, but most analysis shows that the split between mobile and desktop
web traffic is around 50-50, but social media makes up a huge amount of mobile
traffic. What is certain is that mobile interactions with the web are growing
much faster than desktop.
7.
Improve Customer
Interactions
Promptly respond to queries on social media and other platforms.
Engaged customer service increases the likelihood of conversions and builds
trust in your brand. Social media managers, with combined inboxes across channels,
are your friend here. You could also look into AI chatbots.
8.
Select Appropriate
Technologies
Invest in the right technology to enhance your digital marketing
efforts without overwhelming your team. CRM systems and AI tools can automate
mundane tasks, allowing you to focus on strategy and customer engagement.
9.
Clarify What Sets You Apart
Clearly define and communicate your unique selling proposition (USP).
This distinctiveness should be at the forefront of your marketing strategy to
capture the interest of your target audience over competitors. Tailor your
messages around this USP.
10.
Monitor and Adjust
This is the most important factor in all of it. Establish a system to
track the effectiveness of your campaigns. Invest more in successful strategies
and revise or halt underperforming ones. This adaptability is key to staying
relevant and achieving better outcomes. If something doesn’t work, stop it, or
change it.
Developing a digital marketing strategy requires a thorough
understanding of your audience, clear goal setting, content that resonates with
your customers, effective use of technology, and constant adaptation based on
performance metrics. By following these steps, you can create a marketing
strategy that not only meets but exceeds your business objectives, ensuring
your company stands out in a crowded marketplace.
For more finance-adjacent pieces, follow our Trending section.