There are several types of marketing firms, and hiring the wrong one can result in a loss of money and time. It’s also important to consider budget constraints. A company should not hire a marketing firm that is beyond its budget, but it should also use caution if it chooses a less expensive (and likely less qualified) firm that may not be capable of delivering the goods.
A beer festival in Edmonton hired Adster Creative to perform their digital marketing campaign. The event had historically been successful, but the owner wanted to boost performance with targeted marketing. Adster Creative delivered a highly customized AdWords PPC solution, as well as social media management and SEO focused on backlinking. Their efforts were a success, with a 67% lower bounce rate and 39% longer average session duration.
I cannot say enough about how much I appreciate Studio III. They have helped elevate my business to another level far and beyond what it had ever done. Their website design and SEO management is on point. They provide such a personal level of service that helps it feel like a real partnership. I know that I can call on Caige at any time of the day or week to help with whatever needs to be done. Studio III are my guys!! I would recommend them to anyone!
Once you’ve connected with a reputable buyer and answered their initial questions, they should send you a Letter of Intent (LoI)—a document that specifies how much the buyer believes your agency is worth and their proposal for the deal. If you agree with their evaluation and plan, you can move into setting up more specific terms. If not, then this is a great time to ask them questions on how they reached their evaluation and negotiate for changes. If you’ve done your homework up until this point, you should have precise information on how much your agency is worth and why, which you can leverage to reach a more agreeable number. Above all else, make sure that you’re happy with the evaluation the buyer gives you before you move forward. Otherwise, you’ll just be wasting time you could have spent closing with a more compatible buyer.
James Quinn succinctly defined objectives in general as: Goals (or objectives) state what is to be achieved and when results are to be accomplished, but they do not state "how" the results are to be achieved. They typically relate to what products (or services) will be where in what markets (and must be realistically based on customer behavior in those markets). They are essentially about the match between those "products" and "markets." Objectives for pricing, distribution, advertising and so on are at a lower level, and should not be confused with marketing objectives. They are part of the marketing strategy needed to achieve marketing objectives. To be most effective, objectives should be capable of measurement and therefore "quantifiable." This measurement may be in terms of sales volume, money value, market share, percentage penetration of distribution outlets and so on. An example of such a measurable marketing objective might be "to enter the market with product Y and capture 10 percent of the market by value within one year." As it is quantified it can, within limits, be unequivocally monitored, and corrective action taken as necessary.
Do you like knowing exactly how people come to your website? If you are already using UTM parameters to track your links, you can utilize the optional UTM_term (used mostly by AdWords advertisers) to track your keyword usage. For example, if I create a Facebook ad for my business, I could use the following to note that the ad was targeted toward a specific audience, such as content managers, and the ad used the phrase "freelance writer."
After defining your distribution channel(s), it’s time to make sure that you really need to deliver your product or service. First of all, you need to define the message that should be conveyed to your buyer personas. Afterwards, let’s look at suitable promotion channels that can be used to acquire new customers. Obviously, they should be channels you can find your buyer personas in. But the range of possibilities still seems to be endless.
The marketing plan offers a unique opportunity for a productive discussion between employees and leaders of an organization. It provides good communication within the company. The marketing plan also allows the marketing team to examine their past decisions and understand their results in order to better prepare for the future. It also lets the marketing team to observe and study the environment that they are operating in.