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Go big or go home? Forget that. These strategies for increasing your brand influence take hardly any time, and very little money.
Let's say you've got some down time between major marketing campaigns. Does that mean your marketing efforts have to go into hibernation? Of course not. You can fill in the downtime in your bigger advertising strategy with some mini-marketing campaigns that are often quick, uncomplicated and cheap—or even free. Experts from top marketing firms share some ideas on things you can do to run a smart—and influential—mini-marketing campaign that might even change the way you reach your customers in the future.

1. Experiment with new audiences.
"Throughout the year, large campaigns rarely stray from their core target audiences. But there are opportunities within secondary audiences. To draw on these opportunities, we usually turn to social first. We monitor social campaigns throughout the year and identify key questions and conversations we want to explore further. Then, when we have time, we survey these audiences, conduct small, targeted promotions, or post engaging messages to see what they have to say. More often than not, we learn something new that we weren’t considering for an upcoming launch or get added validation for a new idea or direction."
—Todd Miller, managing partner, The Archer Group

2. Go big with pop-up events. 
"Find a venue where many people who are your customers or prospects show up. Better yet, buy a booth or offer your services for speaking or host a party for customers and encourage them to bring friends. This gives you the chance to speak with current customers to learn what they like/dislike, but mostly it gives you the chance to prospect. Just don't make the mistake too many business people make after the event: failing to follow up on every lead. If you gathered hundreds of business cards or email addresses then send a thank you and invitation to stay in touch. Offer something of value in this email—a discount, a free newsletter, added features, etc.—then the people most interested will "hand raise" and identify themselves to you for further follow-up and marketing efforts."
—Linda Worrell, managing director, Red F


3. Sponsor conversations.
"People today love to talk and express their opinions. Blogs, chat rooms, comment sections are filled with loads of people expressing themselves. This, if you play your cards right, can be a great opportunity for your product or brand. Why not offer up topics for people to discuss? And make them topics that relate to your marketing efforts. Use Facebook or blog comments to start a relevant conversation where, at some point, your product can play a role. Be careful, however, not to appear to be 'selling.' Generate a conversation that is authentic to the topic, and that your brand can become a part of as opposed to a conversation that is about your product. People will happily talk about things that are interesting to them, and brands are not interesting. So make your brand a byproduct of the conversation, not the topic itself."
—Kevin Roddy, chief creative officer, Publicis & Hal Riney 


4. Attach yourself to large events.
"Sponsoring big events can be an effective but expensive way of connecting with industry leaders. Instead of going the sponsorship route, think of interesting ways to associate your product or service with the event to create organic buzz. For example, a cocktail hour at a nearby venue or a social-media driven game that incorporates panels and parties might be more cost-effective ways to leverage an event. Your campaign idea should provide value to event-goers; the reason Foursquare was a hit at SXSW was because it made it easier for friends to find each other. Keep in mind that early adopters can be your biggest cheerleaders, so connect with anyone going to the event who is an admitted fan of your product and reward them for sharing positive stories. People trust the advice of their friends and peers, so keep in mind that one good experience with your product can have a waterfall effect that goes viral."
—Maneesh K. Goyal, CEO of MKG, an experiential marketing agency


5. Emphasize earned media.
"Emphasize 'earned' media programs during these 'dark' periods in-between your big campaigns. Earned media, in the form of, for example, traditional public relations efforts and social media programs can be a cost-effective way to stay in market even when you don’t have ad budgets. We have found that emphasizing social media outreach and programs just as paid advertising campaigns wind down can be a highly effective way to keep an organizations message in market even after paid ads go away."
—Jose Villa, founder and president Sensis advertising agency


6. Try a new format.
"One of the things you have to look at when you attempt short-burst marketing is how much share of somebody's attention you can capture for the most reasonable share of money. What I would consider looking at social as an environment to capture market share. There's not much advertising in social apps. Usually, you get a large percentage or 100 percent share of voice within the application. Within that you're also getting a very engaged audience. Some offer the opportunity to buy in the stream of social activities people are performing across web and mobile. It's the most effective way you can spend your money for a short burst of time. The key is buying 'in activity:' as you send a gift, perform a mission, check in or set a status, that is when we perform our advertising. You're reaching an engaged consumer at the right time. As somebody performs a social activity, and you reach that consumer, that's when they're likely to share, that's when they're likely to 'like.'"
—Robert Victor, CMO of Appssavvy

7. Revisit old leads.
"One thing to do would be to recontact people that you've spoken to that have for whatever reason, in a friendly way, turned you down in the past. Revisit those people. If people have called you to inquire about your product or service but have not bought from you, it's always good to call those people back and re-pitch them. They've already expressed interest in you, they may or may not have been in research mode when they called. It’s a fruitful, no-cost list. You don't have to spend money to get that list. You know they're interested in your product."
—Dan Feldstein, cofounder and chief marketing officer, Red Ventures


Copyright © 2012 Mansueto Ventures LLC. All rights reserved.
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When it comes to generating leads, a common mistake we see many businesses make is investing money in external lead sources, such as buying leads from online directories. The outcome? A crippling dependency that wastes money and generates poor results.

What these businesses don't understand is how easy it is to generate their own leads by taking control of their website and creating lead generation opportunities that align with their business goals. And by generating their own leads, they'd be taking advantage of three key benefits...

Benefits of Generating Your Own Business Leads

1. Control: In order to eliminate your reliance on buying leads, you would be taking control, both in terms of your website and your business' lead generation activities. And ultimately, by nixing your dependency on paid leads from online directories and taking lead generation into your own hands, you're taking control of your business' destiny.

2. Savings: By implementing your own lead generation processes, you'll save a lot of money because rather than buying leads, you'll be generating leads organically. Research has consistently shown that companies focusing on inbound lead generation experience a 62% lower cost-per-lead than companies that use outbound tactics for lead generation.

3. Quality: Because you will be able to tailor your lead generation activities to attract the exact type of prospects you're seeking for your business, the leads you generate will be of much higher quality. And higher quality leads equals a better lead-to-customer conversion rate!

Companies are starting to realize the value in managing their own lead generation efforts. The Lauterstein-Conway Massage School is a prime example of a company that has transformed its business by eliminating its dependency on buying leads from online directories and instead taking lead online generation in-house. Spending $40 per lead on two external lead directories and having no control of its website led to poor lead quality, low conversions, and minimal sales, and the massage therapy school knew it needed to make a change.

As a result of taking control of its own website and lead generation activities by creating content marketing offers, building landing pages to capture leads, and starting a business blog, the Lauterstein-Conway Massage School doubled traffic, generated an impressive 25% conversion rate and higher quality leads, and saved $35k from its marketing budget in 2010. The school now uses its website as the main lead generation tool and no longer uses external sources for paid leads. You can read the full success story here.

What Next? If your business currently depends on paid leads, it may be time to make a change. Take control of your website, and get it situated on a content management system (CMS) like HubSpot, which enables you to quickly edit your website's content, easily create landing pages and conversion forms around your marketing offers, and manage and analyze all functions of your lead generation efforts.

Chances are, you'll start to see some favorable results -- and your marketing budget will be eternally grateful.

Now go forth and start generating your own leads!

Photo Credit: Daniel Borman


Read more: http://blog.hubspot.com/blog/tabid/6307/bid/10479/3-Reasons-to-Stop-Buying-Leads-Start-Generating-Your-Own.aspx#ixzz1GWK8t2ul


 


 
 
1. Establish Contact Immediately - Establishing contact quickly is key to actually connecting with your leads. An InsideSales.com study found that 35-50% of sales go to the vendor that responds first to an inquiry, and a HubSpot study found that response rates decline as the age of a lead increases.

2. Build Thought Leadership - People do business with businesses they know and trust. The first time someone converts on your website, the likelihood that they really know who you are or understand why they should do business with you is pretty slim. Lead nurturing is an opportunity to show that you are an expert in your field.

3. Maintain Consistent Communication - 66% of buyers indicate that "consistent and relevant communication provided by both sales and marketing organizations" is a key influence in choosing a solution provider, according to a Genius.com study. Get off on the right foot and don't let leads slip through the cracks with an automated lead nurturing campaign.

4. Identify Interest or Pain - Lead nurturing emails are a great way to learn more about your leads - what challenges are they facing? What features or products are they interested in? By presenting different questions or types of content and seeing who responds to what, you can qualify your leads and set yourself up for warmer sales conversations.

5. Find Segmentation Opportunities - Similarly, you can learn more about your leads via this email nurturing and segment your emails going forward on what you learn to have more effective communications going forward. MarketingSherpa found that segmented emails get 50% more clicks, so any opportunity you have to segment your leads, you should take.

6. Maintain or Increase Engagement - Automated lead nurturing is a great way to maintain engagement when a lead has already made the move to interact with you. And, if that lead has stopped visiting your site or reviewing your offerings, lead nurturing is a great way to remind them about your business.

7. Automate Nurturing Through the Sales Cycle - Market2Lead found that nurtured leads have a 23% shorter sales cycle. Lead nurturing is a way for the marketing team to help with the sales process and nurture more leads through the sales funnel.

8. Find Cross-Sell and Up-Sell Opportunities - In the case of past customers, lead nurturing offers a way to broaden that customer's awareness of what you offer. The same Market2Lead study found that nurtured leads have a 9% higher average deal size, showing that there is an opportunity to not only increase the number of sales but the size of sales using lead nurturing.

9. Encourage Referrals and New Lead Generation - Even though you're emailing lists of existing leads, lead nurturing has the potential to attract new website visitors and generate new leads. Especially if you're doing a good job of sharing valuable content, your leads are likely to forward your email along to coworkers or friends, expanding your reach and attracting new people into your business.

If you're not doing lead nurturing, what's stopping you?



Read more: http://blog.hubspot.com/blog/tabid/6307/bid/9876/9-Benefits-of-Lead-Nurturing.aspx#ixzz1EixubO4F