7 steps to small business marketing success

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@ducttape #SBW2011 7 Steps to Small Business Marketing Success – SmBiz Week

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John Jantsch of Duct Tape Marketing goes over his systematic approach to marketing in the 7 Steps to Small Business Marketing Success as part of the National Small Business Week celebration.

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Page 1: 7 Steps to Small Business Marketing Success

@ducttape #SBW2011

7 Steps to Small BusinessMarketing Success – SmBiz Week

Page 2: 7 Steps to Small Business Marketing Success

@ducttape #SBW2011

My gift to you - $250• Web site evaluation• Guided survey of marketing• 30 minute Consulting session• Action steps and tips• ducttape.me/sbwspecial

Page 3: 7 Steps to Small Business Marketing Success

@ducttape #SBW2011

Definition of Marketing

Know Like Trust

Page 4: 7 Steps to Small Business Marketing Success

@ducttape #SBW2011

Online interactivity is now at the center of marketing

Page 5: 7 Steps to Small Business Marketing Success

@ducttape #SBW2011

Marketing is a System1. Strategy before tactics2. Fill your marketing hourglass3. Publish educational content4. Create a total web presence 5. Use a lead generation trio6. Make selling a system too7. Live by the calendar

Page 6: 7 Steps to Small Business Marketing Success

@ducttape #SBW2011

"Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat” ~ Sun Tzu.

Page 7: 7 Steps to Small Business Marketing Success

@ducttape #SBW2011

1) Strategy before tactics

• Narrow your focus• Differentiate and dominate

Page 8: 7 Steps to Small Business Marketing Success

@ducttape #SBW2011

1a) Narrow your focus

Page 9: 7 Steps to Small Business Marketing Success

@ducttape #SBW2011

What is ideal?• Values you• Profitable• Refers

Page 10: 7 Steps to Small Business Marketing Success

@ducttape #SBW2011

Ideal customer• Demographics• Psychographics• Geographics• Behavior

Page 11: 7 Steps to Small Business Marketing Success

@ducttape #SBW2011

1b) Differentiate and dominate

Page 12: 7 Steps to Small Business Marketing Success

@ducttape #SBW2011

Ask every customer• What made you decide to hire us?• What’s one thing we do better?• What could we do better?• Would you refer us?• What would you Google?

Page 13: 7 Steps to Small Business Marketing Success

@ducttape #SBW2011

Differentiate - Architect What you do for a living “We help contractors get paid faster” Complimentary statement “Zoning adjustment compliance system” Positioning goal/statement #1 Design/Build Architect Core marketing message “The Contractors Architect”

Page 14: 7 Steps to Small Business Marketing Success

@ducttape #SBW2011

2) The Marketing HourglassTM

Page 15: 7 Steps to Small Business Marketing Success

@ducttape #SBW2011

• Who and how• Ads• ReferralsKnow• Web site/blog• Reception• NewsletterLike• Search• Expert content• Sales presentationTrust• Webinar• Evaluation• NurturingTry• Service team• New customer kit• Finance/deliveryBuy• Post project survey• Cross selling• Quarterly eventsRepeat• Results reviews• Partner intros• Peer2peer eventsRefer

The Marketing Hourglass

© Duct Tape Marketing – all rights reserved

Page 16: 7 Steps to Small Business Marketing Success

@ducttape #SBW2011

• Who and how• Ads• ReferralsKnow• Web site/blog• Reception• NewsletterLike• Search• Expert content• Sales presentationTrust• Webinar• Evaluation• NurturingTry• Service team• New customer kit• Finance/deliveryBuy• Post project survey• Cross selling• Quarterly eventsRepeat• Results reviews• Partner intros• Peer2peer eventsRefer

© Duct Tape Marketing – all rights reserved

Filling the gaps – product and process questions

Page 17: 7 Steps to Small Business Marketing Success

@ducttape #SBW2011

The product/service mix strategy• What’s your lead capture value exchange?

• What is your free or trial offering?• What is your starter offering?• What is your “make it easy to switch” offering?• What is your core offering?• What are your add-ons to increase value?• What is your “members only” offering?• What are your strategic partner pairings?

Page 18: 7 Steps to Small Business Marketing Success

@ducttape #SBW2011

3) Publish educational content

Page 19: 7 Steps to Small Business Marketing Success

@ducttape #SBW2011

The Content Blueprint• Body of work• Strategy• Major themes• Editorial calendar• Story building• Mixed media

Page 20: 7 Steps to Small Business Marketing Success

@ducttape #SBW2011

Content that builds trust• Educational• Social media• Reviews• Testimonials

Page 21: 7 Steps to Small Business Marketing Success

@ducttape #SBW2011

Content that educates• White papers• Webinars• FAQs• Success stories• Perfect Intro

Page 22: 7 Steps to Small Business Marketing Success

@ducttape #SBW2011

4) Create a total web presence

Page 23: 7 Steps to Small Business Marketing Success

@ducttape #SBW2011

Where are we?• 73% of online users read a blog• 57% join social networks• 45% have started a blog• 83% have viewed a video online• 39% subscribe to RSS feeds• 36% think more positively about

companies that have blogsSource: Universal McCann Wave3 research into social media

New research shows that 77% of US adults use the Internet as an information source when shopping locally for products and services.

~ Kelsey Group

Page 24: 7 Steps to Small Business Marketing Success

@ducttape #SBW2011

Pillars of a web presence• Listen first• Optimize your web content• Claim real estate• Optimize brand assets• Ratings and reviews • Social media participation

Page 25: 7 Steps to Small Business Marketing Success

@ducttape #SBW2011

Hub and Spokesocial media in business Corp

Website

podcast

blog

Videos

PicturesReviews

Online PR

Social profiles

Page 26: 7 Steps to Small Business Marketing Success

@ducttape #SBW2011

5) Inbound lead generation trio

Page 27: 7 Steps to Small Business Marketing Success

@ducttape #SBW2011

Inbound lead generation• Advertising• Public relations• Referral systems

Page 28: 7 Steps to Small Business Marketing Success

@ducttape #SBW2011

Advertising• Narrowly targeted• 2-step – direct response• Accountable• Awareness for content

Page 29: 7 Steps to Small Business Marketing Success

@ducttape #SBW2011

Public Relations• It’s about relationships• Pitch, don’t release• Monthly touch• Use online press releases

Page 30: 7 Steps to Small Business Marketing Success

@ducttape #SBW2011

Referrals• Be more referable• Target• Educate• Offers• Follow-up

Page 31: 7 Steps to Small Business Marketing Success

@ducttape #SBW2011

6) Selling is a system too

Page 32: 7 Steps to Small Business Marketing Success

@ducttape #SBW2011

Lead Conversion• Discovery – Next step• Presentation – Seminar• Nurturing – Sales cycle• Monthly touches• Transaction – Same experience

Page 33: 7 Steps to Small Business Marketing Success

@ducttape #SBW2011

7) Live by the calendar

Page 34: 7 Steps to Small Business Marketing Success

@ducttape #SBW2011

Live by the calendar• Monthly themes• Weekly actions• Daily appointments• Make it a game

Page 35: 7 Steps to Small Business Marketing Success

@ducttape #SBW2011

My gift to you - $250• Web site evaluation• Guided survey of marketing• 30 minute Consulting session• Action steps and tips• ducttape.me/sbwspecial