Small business marketing is all about finding out what works best for you and your business, then repeating it to get more customers. In this, the fifth in our five-part education series, here's what will be covered:
-Use Practical Tools
-Measure What Matters
-Don’t Waste Money or Time on What Doesn’t
-And More...
I’m Tina Stock – I’ve been helping small businesses with marketing for over 10 years, with AT&T and now with YP.
As I’ve said thru-out this series, that in all of the hulaballoo created by the marketing industry, it is easy to lose site of what marketing your business is all about: Getting and keeping customers. And that’s been the chief driver for this webinar series – getting rid of the hype, cutting thru the jargon and simply sharing best practices for getting your message to your customers– basically, getting practical about marketing.
Today – for the conclusion of our Practical Marketing introductory series I’m thrilled to be joined by someone who has taught me personally a great deal about metrics and analytics – Jake Walker, senior analytics strategist at Piston. Jake, welcome….and tell us a little bit about yourself.
Thanks, Tina. I’m Jake….great stuff about big brand work and small biz work
Thank you, Jake – and, given that this is the fifth and final webinar in the Practical Marketing intro series, we’re going to take just a minute here to trace back for all of our friends how we’ve reached this step of measuring what matters
Webinar #1 we talked about the importance of knowing WHY you are marketing your business. What is your objective – to get more customers? More transactions PER customer? Keep customers? Once this step is taken, spend a few minutes to define your ideal customer and finally, make time to nail down your business story. This then becomes the FOUNDATION for all the other marketing activities that you’ll do.
Webinar #2 – how get your business online. The reality is that those ideal customers are online – and you need to make sure that when they are looking for products or services similar to what you offer – that they can find your business. Whether you choose to get your business online with a website, or with a business listing this is an important next step.
Webinar #3 – how to run measurable marketing campaigns, focused only on reaching those customers with whom YOU want to do business, Using tactics like search engine advertising, local search advertising or direct mail marketing to get your message to your ideal customer
Webinar #4 – how to recruit your best customers into cheerleaders for your business and how to use social media to grow your business
And this leads us to today’s webinar
Marketing that is practical, smart, no nonsense, no hype, no bull-oney – essentially, marketing that WORKS is marketing that can be measured.
I get it – you are super busy running your business – and it is very easy to fall back to a “de facto” view of marketing: My business had over 1,000 customers this year, or my businesses generated over 2 million dollars this year, therefore my marketing is working. And – in the past, this was an expected and acceptable. But, it ain’t 1996 any more, and smart business owners in 2014 look at marketing as an investment and– just like you invest in stocks to grow your personal wealth, you need to invest in marketing to grow your business - and that means you need to measure what matters.
And the first step to measuring what matters is to know your goals and what metric matters to you. Bottom line – you are the business owner, you are the only one who can do this step. Can’t be outsourced or delegated. But after this step, it becomes all about execution….
And this is where we get really practical – its ok to start small, and its ok to only measure the things that you are prepared to change.
Now – in a few minutes Jake is going to show you how to use google analytics to track EVERYTHING on your website – and, in an ideal world EVRYONE should be doing this – but for those of you on this webinar who are looking for an easy way to get started here are my 3 favorite starter tips…
Tip #1 - just ask. Ask everyone who contacts you “how did you hear about us”?
Caveat here is the same you face when tracking digitally – the first answer isn’t always the complete answer. This can get you started, but it doesn’t work well if you have complex marketing programs.
Second caveat – do not rely on your memory. Just like your customers are likely to give incomplete answers when asked how they heard about you, when it comes time for you to determine what works and what doesn’t work, relying on your memory will lead to some bad decisions.
Its your marketing dollars – invest it wisely, keep track of it all.
Tip #2 - Measure with call tracking numbers. If your business relies on appointments – you are a doctor, or a contractor, or you provide personal services then this is quite often the BEST means for tracking the effectiveness of your advertising. For our company, we use hundreds of CTNs to track our advertising effectiveness, as a small business you should consider at least 1 for your most expensive ad program.
> What are they? These are phone numbers that you publish in lieu of your actual business phone number on all of your advertising. For instance if your business phone number is 123, then you should get phone number 789 to publish on all your ad campaigns or your website. When someone calls 789 that call is forwarded to your actual business number (123) and then the call INFO is reported to you, either on a report if you go thru an ad company or on a separate phone bill if you do it yourself. Call tracking number (CTNs) prices can vary and depending on where you get the CTN, the minimum report should show the number of calls placed on that number – in sophisticated reports you can see who called, when they called, how long the call lasted and sometimes even access a recording of the call.
Tip #3 – ask, no DEMAND, meaningful reports from everyone who you pay to market your business.
Every report that you get should help you answer 1 single question: “am I getting my moneys worth out of this marketing investment” . If the report cannot answer that question, then the report is useless. It is great to know how many clicks your ad received, but if you don’t know what happened AFTER that person visited your website then you really can’t decide if you need to spend more or less on that marketing campaign. Remember – this is all about practical marketing – spending money to make money, and determining where you want to invest more vs where to invest less.
And this is where we get to the subject of website analytics.
There are dozens of tools out there for measuring the effectiveness of your marketing programs – in fact last webinar we named some tools that can help you measure the effectiveness of your social media activities. But this webinar we are going to focus the rest of our time on the one tool that any one with a website and who does their own marketing should use – google analytics.
At this point I’m going to turn it over to Jake to take you thru how to approach google analytics as a business owner – not an analyst.
I’ll confess - Jake taught me everything I know about GA – and the main thing he taught me? It’s not about using the tool, it’s about answering your business questions.
Jake … take it away…