Starting a business in 2021 is hard. You have to have the right product, shown at the right time, to the right people, and have everything executed properly. Not to mention you have to compete in an ever-growing marketplace. It’s a tough world and you have to have real mental grit to be successful. Startups have a 90% failure rate according to Investopedia.com. One of the main reasons as to why these startups failed was due to poor marketing. We’re going to go over some of the top marketing strategies that will aid your start up, to get you going in the right direction. 

1. Make a Marketing Plan

You can’t have successful marketing strategies for a start up business without a marketing plan. This means coming together with metric-driven marketing goals, creating user personas, coming up with a budget that supports how you will achieve these goals, and researching your competitors, for starters.

2. Post on Social Media

Posting on social media is crucial to gaining exposure for your business. Around 2.4 billion people use social media. It’s important for you to be seen and heard, and for people to know who you are. Not to mention this helps reach a younger generation. Make sure you’re posting engaging quality content consistently.

3. Make an Email List

Email marketing can attract customers if done correctly. One way to build a list is by having a subscribe page on your website. Make sure when you send these emails out that they aren’t too advertising based – answer questions, be helpful. Help potential customers solve their problems. For example, you can post guides, infographics, or videos. 

4. Don’t be Afraid to Try Some New Marketing Strategies

Don’t be afraid to voice your ideas! If you never try something new you won’t grow as a company. You never know who could benefit from an idea you might have. You don’t have to always stay inside what everyone is comfortable with. Innovations come from questioning the status quo.

5. Use More Than One Channel for Promotion

This builds off of tip #2. Once you have your social media set up, it’s important to diversify your brand. Instagram, Facebook, Twitter, LinkedIn, YouTube, and even TikTok can be a channel for you to connect with your audience. These are amazing tools to get your brand out there. They each hit different audiences and you should change your approach depending on the socials you use, and who your audience is. 

6. Know Your Audience

You must find your target audience. Find what age group is going to be interested in your product. What type of topics are they into? Don’t try to be too broad and play to your strengths. Once you’ve identified your target market make sure you cater to them.

7. Create and Maintain a Blog

Blogs are important to driving traffic your brand. They make you a source for information. Did you know that businesses with blogs generate 126% more leads than those who do not have one? Make sure you’re publishing blogs that you know your audience would read. Quality over quantity.

8. Sponsor an Event

Sponsoring events can gain massive exposure for your business. It’s a great way to get the right people looking at your company (investors). All you have to do is pay a fee to the event organizer and then you market your business with marketing materials like signs, stickers, etc. Try and sponsor events that are related to your business. For example, if you sell comic books maybe you can sponsor a comic book convention.

9. Give Away Small Things as a Marketing Strategy

Everybody loves free stuff. What do I mean by free stuff? Stickers, t-shirts, merchandise, or gift cards. These help people have a positive association with your business. It makes your company look very friendly and is great PR.

10. Use Paid Search Advertising

Paid search is a way to purchase focused traffic on popular search engines like Google. They use a system called cost-per-click. Which means you pay when someone types a specific word you have listed in your ad. You only have to pay for when people click on the ad. This can be a great traffic driver to your website.

Marketing Strategies for Start Up Businesses Can Take Many Forms

Don’t fall behind when running your startup business. It’s very competitive out there and if you aren’t doing everything you can to stay ahead of the game you may fall behind your competitors. However, if you follow at least half of these strategies your startup will be headed in the right direction.

The secret to business success for 2022 is to start planning for it now. Many of our clients are reviewing their business plans, marketing plans and strategies for achieving their goals. Planning ahead for next year is a valuable way to invest in your business. You can know ahead of time what to do next and be proactive – not reactive. Making and having plans helps you guide your actions with efficiency and effectiveness.

Planning Ahead for Next Year, Now

Rounding the corner on Q3 2021, now is the time to plan for business success in 2022. So dust off your business plan. Does it still resonate with your goals for success? First, take the time to review the foundation of why you started this business in the first place. Make sure it still makes sense for you, for your time and energy, and for the market. Update it if you need to.

Next it is time to draft your marketing plan for 2022. Where to start? Look at your business revenue goals for the year. That number helps guide your marketing spend. Companies in 2021 spent 8.6% of topline revenue on marketing. Whatever your percentage is, don’t let this number be subjective. It is black and white.

Once you have your number, create a marketing plan. Without a roadmap, the squirrels and shiny objects will be your focus. Don’t let that happen. Staying on track to business success is much easier with a plan. Build your plan around repeating and expanding around prior success points, and adding new tactics that make sense. The plan you create can be annual or quarterly, but it can encompass many things: creative campaigns, paid advertising, PR, content or a new product or services launch. A solid marketing plan will create focus and executional excellence around several tactics working together toward a common goal. This approach will ultimately save you money, by getting you more bang for your buck.

Invest in Your Business Success

Invest in your business the smart way – and we don’t just mean monetarily. Your focused thoughtfulness and the time spent on your plan will be repaid. First, focus on your business successes by continuously improving your plan and your execution of the plan. How did your tactics for a specific campaign fare? Track and measure your results each quarter, and implement your findings into the next quarter’s plan to continue success and build momentum. Invest in the things that work. Pivot toward the successful strategies. Experimentation within the framework of your marketing plan can help you home in on insights that will get you to your revenue number for 2022.

Define Your Goals So You Can Reach Them

Define messages, targeted audiences, goals, strategies, tactics, timeline and budget. How can you reach your goal if it is not clearly defined? How detailed you are is up to you. What we have found on the Porch is that the partners that have defined their marketing budgets and plans have been successful. Being thoughtful upfront about your goals in all areas of marketing your business can set you up for business success in 2022 and beyond.

Next up in the Rocker Spotlight series is Front Porch Rock Star Vanessa Hickman, where she shares her experience on the porch and things she has learned throughout her career.

Biggest Misconception about Marketing

The biggest misconception about marketing today is that there is one solution to advance brands in their marketing goals.

Advice You Would Give To Someone Struggling With Brand Identity

Seek  third-party experts to facilitate the process!

Lessons Learned

As a marketing maven and Front Porch Rock Star, one of the biggest lessons I’ve learned is “your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do”- Steve Jobs.

What is Good Marketing?

Above all, good marketing is intentional, consistent and precise.

Dinner With 1 Person Living Or Dead

If I could go to dinner with one person living or dead I would choose Jesus.

Describe Yourself in 3 Words

I describe myself as loyal, inclusive and loving.

Favorite Thing About FPM

My favorite thing about FPM is delivering results for a variety of clients. Above all, I would describe the culture at FPM as collaborative, caring and dedicated. Furthermore, FPM differentiates itself with its sound strategy, excellent execution and tenured team members.

Fun Fact

My fun fact is I graduated with a Bachelor of Science and Bachelor of Arts when I was 20 years old.

The Rocker Spotlight Series interviews each rocker on the porch. To begin, Chief Rocker Julie Porter shares marketing insights. Let’s dive in and learn more about this incredible business leader.

Favorite Thing About Front Porch

My favorite thing about FPM is being my own boss and doing what I love for clients I love while taking care of my loves.

Misconceptions and Lessons Learned

The biggest misconception about marketing today is that it is cheap and fast. Furthermore, there are three key points: good, fast and cheap. Your marketing can be any two of these but never all three.

One of the biggest lessons I’ve learned is don’t be the biggest barrier to your own success- get out of your way and get stuff done. However, if you can’t get something done, delegate it to the smart people around you.

What is Good Marketing?

Good marketing is elevating the customer experience, building personalized connections, adapting to technology evolution, attracting customers using inbound and outbound marketing, and more.

Culture On the Porch

Our culture is one of straight talk, true partnership and aligned values. Therefore, the team at FPM all regards their families as their highest priority, and we are servant leaders who believe in service to ourselves, team, families, clients, and the communities in which we live and work.

Julie’s Characteristics

I would describes myself as quirky, competitive, and anxious. If I could be anywhere in the world it would be in my living room playing a game with my family since Andrew leaves for college this fall.

Fun Fact about Julie

I got to work with Renee Russo inside the NYSE to celebrate a client’s IPO. I’ve also worked with the Flying Elvi, the skydiving team from the movie “Honeymoon in Vegas,” all over the country to celebrate a promotion for an international sunglass manufacturer.

Thank you for reading! We hope you enjoyed Julie Porter sharing her marketing insights!

Over the last four weeks, strategic business leaders and owners have come to us to go back to their branding and marketing foundations. They are focused first on their team’s safety and well-being. Most talk of the “return to normal” and taking it “day by day.”

They use this time to re-evaluate and plan. The COVID-19 crisis is causing business leaders to be strong and agile. One of our favorite client quotes over the last several weeks is, “With drive, passion and desperation, we will RISE!”

David McCormick, the C.E.O. of the hedge fund Bridgewater, was a Treasury Under Secretary during the 2008 crisis. At that time, he said, “America must step up to retain its economic might.” This rings true today.

Step up we must.

Another business leader told us recently, they feel like everything is, “Ready. Aim. Fire.”

This does not have to be.

Focus on your foundation first.

3 Strategic Branding & Marketing Fundamentals

• Define or re-evaluate brand architecture. Think of this as the foundation of your brand. It has four pillars: brand vision, brand personality, positioning and affiliation. Our branding process is collaborative. It builds conviction. The process is built upon perceptions and goals held internally by key stakeholders. Using all points of view, we ensure brands are both differentiating and emotionally relevant.
• Build or revisit your marketing plan. Every business should have one. Marketing drives new business development. Without those sales, you do not have the resources required for your business’s long-term stability and success. Therefore, as important as these plans are, most business owners and leaders do not devote enough time and resources to them. We tell our clients use a rifle vs. shotgun approach. Your services and/or products are not for everyone. The plan focuses on key targets who are most likely buyers. Think fewer, deeper. As a result, more meaningful strategic initiatives on a consistent basis develop connections and broaden awareness.
• Re-evaluate or enhance your website. Is your website true to your brand? Its personality? Is the navigation user friendly? For instance, lucrative website loads fast and is mobile friendly. In other words, make your site work hard for your brand. Don’t get the veto vote because it doesn’t.

Successful business owners and leaders take the time to develop their brand architecture. Then, they develop marketing strategies and plan to build a company with a purpose. Above all, remember, “With drive, passion and desperation we will RISE!”

It’s summer halftime, and the heat is on – both literally and figuratively.  June came and went, the first half of July is near, and we are on point through the end of August.

How are our working parents doing at halftime? My current status:

Because traffic is lighter in the summer (fewer cars & less business), it’s the perfect time for travel, lazy days and sunshine. Spend extra time with family and friends, but don’t take your eye off the remainder of the year.

Soon enough the temperatures will cool down (we hope), but with the arrival of fall, business will heat up. The halftime of summer also marks the halftime of 2019. Time is going by fast, isn’t it?

Here’s your two-minute warning

If you already have your second half marketing plan set, congratulations! We hope you rock it! If not, now is the time to start researching, planning, and executing.

When life and business get busy, a plan serves as a tool to keep you on course.

As you know, you simply can’t hope people will find you or do business with you. Being a successful business owner means constantly marketing and promoting your business.

We huddle at halftime

Here on the Porch, after we travel, relax by a body of water and spend a little extra time with our people, one of our favorite summertime activities is writing and facilitating marketing plans. So if you aren’t quite ready to score in the second half of 2019, give us a shout.

We can help!

“One of the greatest rock songs ever written is ‘Stairway to Heaven’ [by Led Zeppelin]. ‘Yes, there are two paths you can go by, but in the long run, there’s still time to change the road you’re on.’ So, whatever’s wrong, whatever’s not working out, whatever you’re not happy with – in yourself or a situation – take the initiative and fix it.” – Shaun Breidbart, comedian and executive director, The Ivy League of Comedy

As you choreograph your brand’s 2019 marketing plans, press pause if the same old song and dance is on repeat – particularly in the following four areas. A remix (and the addition of instrumental help) may be your brand’s ticket to achieving rock star status.

1. “Let it Go.” Turn Over Control of Social Media.

Time is money. Social media marketing isn’t just about increasing sales. It is storytelling. It is about consistent connection with your target audience. For social media to truly boost your brand, dedicated time to engage with your audience regularly – in real time – is crucial. You can’t press pause for vacations, trade shows or weekends.

Mistakes are costly. Social media management is customer service. In the absence of a solid social media strategy – and someone experienced to execute it – mistakes are likely. Poor customer service leads consumers to give brands the freeze-out.

The person/company managing your brand’s social media is its agent, tour manager and promoter all rolled into one. Outsourcing those managerial duties gains you an experienced professional who knows the ins and outs of social media.  This frees you up to focus on other areas of your performance.

2. “What are You Waiting For?” Take the marketing plan off the back burner.

Leaders must understand the importance of brand marketing. As we’ve said before, we love partnering with business leaders on single release initiatives. But to avoid being a one-hit wonder, a brand needs a solid marketing plan to complement their strategic plan.

If the creation or implementation of a marketing plan is left “Standing Outside the Fire” you will have no plan. If you have no plan, you will have no direction. Without direction you won’t have consistency – leaving your brand running “Against the Wind” to build consumer trust.

3. “Breakaway.” Transform garage band marketing to unique, memorable content.

Having a website is great, but customers believe “What You Get Is What You See.” Are you getting the veto vote because your marketing is lacking? How do you look when going up against competition? Are potential clients trying unsuccessfully to validate you?

Bands wanting to become famous must promote themselves to make the right connections to boost their profile. Likewise, your marketing must make meaningful connections to your brand. You can bang those drums “All Night Long” but that alone won’t help you advance. You must have someone in your corner to successfully influence the interest of others.

4. “Shake It Off.” Say Goodbye to Gmail.

Excellent email communication is now a required piece of good customer service. Here are 3 reasons you should say goodbye to Gmail:

• Your email address and content represent ‘how you look’ in the online world. Having a business email address with your company’s domain name is judged as professional. Business emails sent through Gmail raise doubts about your credibility.
• An email account contains confidential business information. Using Gmail does not afford you the luxury of controlling whether employees utilize that information appropriately.
• Gmail does not allow you to integrate your brand’s logo and colors to your email messages to make them more consistent and memorable. This renders it ineffective as a marketing tool.

You are “The Leader of the Band.” No one knows your brand better than you. It is ultimately up to you to determine your vision and whether your current track is helping that vision materialize. We are here to help you rock!

As planning for 2019 kicks into high gear, now is a good time to take a look at what’s “en vogue” in the marketing world. Is your marketing plan ready to strike a pose?

Some things are classics, and your go-to, wear everyday piece is CONTENT. Quality, engaging content is the cornerstone of any successful marketing plan. Beyond that, the following trends are simply accessories to be mixed in when they fit a brand’s individual style. Much like the latest  fashion fads, not every trend is the right stylistic fit for every brand.

With that caveat out of the way, here are five things walking the marketing runway:

Marketing Automation

ROI has been realized in 75% of companies in just one year of marketing automation use. Companies using marketing automation have reported a substantial 34% increase to their sales revenue, regardless of company size or industry.  In addition, 91% of users say it is “very important” to their overall marketing success. It’s all the rage – which puts marketing automation at the very top of the 2019 trendsetters’ list.

Chatbots

Chatbots can quickly recognize and respond to data … in real time. This gives both consumers and brands a virtual assistant to do anything handling customer queries to ordering a pizza! This saves time, money and human effort. We need look no further than the hugely popular Alexa to understand why the use of chatbots is taking over automated web communications.

Video Marketing

The growth of video will continue. Facebook Live was rolled out in April 2016, and in just two years, the average number of broadcasts doubled, earning more than 150 billion reactions. Video ads are still going strong as well. In August 2018, 65% of ad impressions on Instagram were the result of video content. If those stats aren’t enough to convince you that the video marketing craze will continue, consider this: When customers watch a video on a website, Google pushes that site up in its search results … ideal for any brand.

Native Advertising

Native advertising is on the rise over the use of banner ads, because it doesn’t disrupt the user experience. This increases consumers’ willingness to share it, which generates more sales leads.

Inbound Marketing

Because it’s simple, versatile and 61% cheaper than traditional marketing, inbound marketing remains a cost-effective method of connecting with your audience. Keeping inbound marketing hip is:

• Blogging. Statistically, blogging is three times more effective than traditional marketing in its ability to generate sales leads. It also allows you to include a variety of content that isn’t strictly direct product advertisement.
• Social Media. While AI and Chatbots create a life-like assistant, a strong social media presence creates an opportunity for consumers to engage with real people – making your brand appear more relatable. It also makes it quick and easy to provide exclusive offers or coupon codes to generate customers. To allow for a more seamless experience for consumers, you can also expect to see the continued integration of services into third-party apps by social media companies.
• Email-marketing. Companies that choose e-mail marketing can double their number of generated leads over those that do not. Adding automation can then double that amount. With numbers like those, e-mail marketing continues to be the top model of effective inbound marketing.

Here on the Porch we would love to design a marketing plan for you to premiere in 2019 (perfectly coordinated to your brand’s individual style, of course).

When it comes to marketing plans, there are a plethora of opinions about how best to approach them. And who doesn’t love a good analogy to break down a complex topic? We certainly do.

Today marks back-to-school for many districts, including our beloved client, Faith Family Academy. Enjoy this day, parents and teachers! It’s always a good one! Commensurate with the beginning of school is the official end of summer travel. We rockers truly enjoy our summer adventures, and we love to share them on Instagram, so check us out if you are in need of a ‘lil travel inspiration!

Travel planning is a great analogy for marketing planning, so let’s GO!

Destinations = Goals

All brilliant marketing plans start with goals. A goal is a destination that you want to reach. If you were planning a trip you would naturally start with your destination. For the sake of illustration, let’s choose Vancouver.

Method of Transportation = Strategy

So you want to go to Vancouver, but how are you going to get there? This is your strategy. You can travel by train, plane, automobile, boat, motorcycle, or you can walk! Depending on where you’re travel is originating, some of these might be instantly ruled out (walking from Arlington to Vancouver … nobody has time for that!). For my family’s summer trip to Vancouver, our transportation strategy was to fly to Seattle and ride the train to Vancouver.

Packing List = Tactics

Up next, tactics. To execute our travel strategy, we needed to pack the following: plane tickets, rental car, train tickets, passports, lodging, sightseeing itinerary, tickets for attractions, and a suitcase packed with the proper seasonal attire. These are all considered tactical elements to make our Vancouver destination memorable.

Goals, Strategy, Tactics.

Apply this analogy to how you want to reach your target audience and you will achieve your marketing goals. Need help getting started? We would love to meet you on the Porch and get rockin’!

Spring is a beautiful time of year to sit on the porch and watch flowers bloom and the green grass grow. While April showers bring May flowers (unless you’re in Texas, of course!), as spring turns towards summer, we must evaluate and adjust our strategies to keep our flowers blooming, our grass green and growing. We START watering. We STOP the weeds from spreading. We CONTINUE fertilizing.

 

This start, stop, continue approach can help you rock your 2018 marketing goals, too. As we near mid-year, there is still time to impact 2018 results. It is a great time to evaluate how your marketing plan is blooming. For your goals to flourish, you may need to STOP less successful strategies. You may need to START new strategies to sprout growth. CONTINUE the strategies that are thriving and helping you grow your “green” (revenue!).

Here are some tips for evaluating your marketing progress and pruning your strategies to meet your goals by the end of the year:

1. Get the lay of the land

Review your 2018 marketing plan. In the hopes of boosting activity (and ultimately revenue), were you going to start a blog or a newsletter, send email campaigns, try paid social media posts, or launch a referral program?

2. Water the roots

Review your internal business development process. How well is your team growing prospective clients to revenue-sprouting clients? How are you distinguishing yourself from the competition?

3. Plant seeds online

Review your website. Is your content up-to-date, optimized for mobile devices and appealing to prospects? This is a good time to add new content based on 2018 experiences to date. Adding success stories or client testimonials can sprout new opportunities and potential relationships.

4. Cultivate relationships

Review vendor agreements. If you are using third party sources to help you with certain aspects of your business (SEO or lead generation, for example) is it proving fruitful? Are the results, activities, reports and general communications meeting your expectations?

5. Grow your green

Review your financials. Are the marketing strategies you are using ultimately sprouting a growth in revenue?

6. Prune when necessary

Review what needs to START, STOP or CONTINUE. Asking the following questions will help you to determine which strategies are working and which strategies need to be pruned:

• What areas for improvement have sprouted and can be addressed proactively throughout the remainder of the year?
• Where have things failed to flourish or failed to deliver the results anticipated?
• What is thriving and performing at or above expectations?

START – Plant new seeds to realize your 2018 marketing goals.
STOP – Pull the weeds and stop unfruitful marketing activities.
CONTINUE – Grow and/or maintain the portions of your marketing plan which are thriving.