When your company is focusing on a variety of marketing materials to advocate your brand and products, you might not think it’s necessary to add email marketing to the mix. But email marketing can be a part of your overall success and tie into your other promotional materials like social media, blogs and the latest news.
In this blog post, we will highlight the benefits of using email marketing and how it can improve your business.
Personalizing Content
Email marketing allows you to target content specifically toward your audience. For example, you could focus email marketing on specific products if the user expressed interest, for first time customers or based on location. By using a variety of different email subjects or different images, you can increase your engagement and/or sales.
Collecting Important Data
Not only can you collect leads to know your customers’ contact information, but you can utilize email marketing to send out surveys or receive feedback. By obtaining customer feedback, you can learn what products to promote, what your audience is interested in or how you can share tips, tricks and education.
Like previously mentioned, email marketing can help gather leads and keep track of who is engaging in your emails by opening or clicking on a link.
This information can help improve your customer experience and better understand who your audience is.
Generating Website Traffic
Email marketing allows you to drive your audience to your website to engage with your brand or products, as well as improve your SEO. Email marketing is a great way to provide your users with content, like blogs, videos and important updates, that link back to your site.
Conclusion
Email marketing is flexible and allows companies to complete their marketing goals depending on their needs. Using email marketing as part of your overall mix gives you the ability to grow and see your marketing impact.
It’s probably not surprising that 4 of the Top 5 channels are online/digital according to a recent report from Wunderman Thompson Intelligence, but I bet you the #2 channel is: In-store/at a vendor’s warehouse.
However, while US B2B buyers are searching on Amazon Business and the site commands an estimated 15% of their buying budgets, it’s not necessarily where buyers are starting their purchasing journey.
The largest share of US respondents say they most often start their journey in-store or at a vendor’s warehouse (26%), while fewer start on Amazon Business (16%).
The pandemic played a role in people purchasing online more but spending online is likely to decrease post-pandemic.
Here are some additional nuggets from the report:
Nearly all US respondents have switched suppliers for all (55%) or some (41%) business purchases during the pandemic
Almost half (49%) of all B2B purchases are made online
62% of buyers would like to have dedicated smartphone apps through which they can make B2B purchases
89% of B2B buyers in the UK and US find buying online more complicated than offline
Promotions and marketing are the #1 influencing factor in B2B purchasing
With a high percentage of B2B buying happening online, it’s important to have your suppliers get their online portals right. Online portals can change a customer’s shopping experience and leave them with a positive attitude.
Each month we’ll be featuring a blog post from our friends at MAGNET (Manufacturing Advocacy & Growth Network). MAGNET’s mission is to support, educate and champion manufacturing in Ohio with the goal of transforming the region’s economy into a powerful, global player. You can visit MAGNET online at manufacturingsuccess.org.
Remember the feeling of being assigned an essay in school, when you knew what you needed to write about, but didn’t know where to start or couldn’t find the right words to string together? Blog writing can elicit those same feelings, with the added pressure of having to work within the confines of SEO, brand and purpose. Ya, blog writing can be intimidating.
But, great blogs can lend huge credibility to your business and areas of expertise. Further, blogging is a low-cost way to connect with existing, new and potential customers; offers a quick, valuable source of social media content; and builds your brand. Ultimately, your blogs can share how much you know about your manufacturing field and put you ahead of a competitor who’s not blogging.
Recently, someone who is not a marketer asked me how to write a blog and if I could document the process. I immediately realized that anyone in business could benefit from understanding the full process. Subject matter experts in manufacturing need to position themselves as industry leaders and provide educational, thought-leadership content to their current and potential customers.
Here is the process I use when I write blogs for myself, my organization or clients.
Brainstorm a list of potential topics.
Organize those topics by top of funnel (awareness/educational), middle of funnel (consideration) or bottom of funnel (conversion/sales) content. This will help you create a balance of content to nurture leads along the buyer process, which will then keep them loyal and become your advocates.
Identify keywords that you or your company want to rank for in a Google search and include those in the blog (optimizing it for SEO). These keywords are best identified by using a tool that can tell you what the most popular searches are for your industry or what keywords your competitors are ranking for.
Make sure the topic you select is relevant for your audience.
I do some online research to see what’s already out there; sometimes, that helps me focus my topic further.
Some people do an outline, though I don’t. I just do a rough draft and then move things around. Back to the idea of a college essay, it has an intro, body and conclusion or a beginning, middle and end.
Make the language conversational and engaging. Show “personality.”
Keep sentences and paragraphs short.
Often, I interview someone for the blog by either emailing them questions. Sometimes we’ll have a phone or zoom chat, and I’ll taking notes if they are the subject matter expert or can provide a quote for my blog that will lend it credibility.
Create a headline that makes people want to read it. Often that is things like 10 tips, 5 ways, 3 things you can do.
If the blog is longer than a paragraph or two, I usually write subheads to break it up into digestible bites and so people can scan and see an outline of what’s covered. You also can make phrases that are important bold, so it is easily scannable.
People love lists; so, I usually use a bulleted or numbered list (see: this blog). That also makes it scannable and user friendly.
As for length, search engines like long form copy, which is about 1,500-2,000 words. But minimum wordcount should be 400 to 500; otherwise, Google actually penalizes you for thin content.
Check grammar!
Use an engaging image that catches attention and use video when you can.
Cite sources if you use outside info.
Put a call to action at the end. What do you want them to do? How do you capture them?
Videos have become increasingly popular over the last couple of years, but has your company used videos to their full potential? Join us as Matt Sonnhalter explains why your company should be using video content in your marketing mix.
If you’re a manufacturer that markets products and services to the construction, industrial, or manufacturing markets, you must know how much your marketing efforts are paying off. That being said, measuring the return on investment (ROI) for each individual effort can be difficult. However, with the right approach, it’s possible. In this article, we’ll discuss how to measure the ROI of your manufacturing marketing efforts to help you make better decisions about your marketing spending and strategies. More accurately, we’ll cover creative ways to measure different types of engagement. This will help you ensure that every penny counts towards achieving the best outcomes possible.
1 Understand the Basics of Return on Investment (ROI)
A return on investment is anything that brings you a return after an initial investment. More often than not, this is a monetary return, but not always. That being said, one of the most important things for any business is figuring out the ROI. If you know what you are investing into and why, you can maximize efficiency and bottom line. When it comes to manufacturing marketing efforts, as with all marketing efforts, your goal should be to maximize returns while minimizing expenditures. Using metrics like time spent or money saved will help you gauge whether you are on the right track to success or failure. As a result, you’ll be able to make decisions quickly and efficiently.
2 Identify Your Key Performance Indicators (KPIs)
Identifying key performance indicators is essential to measure the ROI of your manufacturing marketing efforts accurately. Your KPIs can help you set goals and measure progress. They can also help you prioritize tasks, increase productivity, and improve customer satisfaction. It can be challenging to figure out which KPIs are relevant for your type of business. This can be especially difficult for manufacturing marketing efforts since it requires specific marketing. However, no matter the type of business, the same principles hold. You need to establish processes that incorporate feedback systems when meeting particular objectives. This will ensure that you accomplish all your tasks thoroughly and efficiently. Additionally, with the data you gather, you will have all the information necessary to make informed decisions that yield results.
3 Analyze the ROI of Different Types of Manufacturing Marketing Efforts
When it comes to marketing efforts in the manufacturing industry, many different options are available. It can be challenging to determine which ones will yield the best ROI. This is where analyzing different types of ROI becomes essential. Understanding how each strategy affects your bottom line lets you decide which methods make sense for you. This is the best course of action if you wish to figure out how to allocate resources accordingly. Doing this is going to allow you to get a complete understanding of the efficacy of your marketing initiatives.
4 Make Use of Software Solutions to Track Your Campaigns
Automation and software solutions make the process of tracking campaigns easier and faster. Not only that, but they free up valuable time to focus on other business processes. By taking advantage of automation, companies in the construction, industrial, and manufacturing markets can get real-time information to track the effectiveness of their campaigns. This data help with making more informed decisions on optimizing their efforts to maximize ROI. Additionally, automation can help identify growth opportunities.
Furthermore, it can show areas where campaigns need tweaking or improvement. Keeping an eye on the performance of your campaigns using software will even give you a competitive edge in your market. That being said, CRM is the best software to use for this purpose. If you can make the most of your CRM, you won’t have issues staying on top of your ROIs.
5 Utilize Data Analytics to Identify Areas for Improvement
By utilizing data analytics, manufacturers can gain greater insight into their customers. Furthermore, they can identify areas in need of improvement. Data analytics allow a manufacturer to compare customer feedback over time. This, in turn, makes it possible for them to detect any changes that may warrant attention. Combing data analysis with target research will also help you recognize customer trends. This is important because staying on top of the changes in your industry will help you adapt quickly and accurately. This assessment of customer preferences allows companies to remain agile and respond to customer demand in a timely manner. As a result, this is going to increase customer satisfaction.
Additionally, harnessing the power of data-driven decision-making can significantly improve multiple aspects of the business. For instance, by leveraging advanced analytics tools and techniques, you can better understand your whole operation and figure out how to improve them.
6 Develop Strategies to Maximize Your ROI
Maximizing your company’s ROI is the key to sustainable growth and profitability. However, you need to understand how to structure your investments across different advertising platforms to achieve this. And, for this to work, you need to create a strategy. When creating a strategy, you must be careful because what’s on paper may not be so cut and dry when you put it into practice. For this reason, you must regularly monitor metrics such as sales volume and cost efficiency to ensure they work in practice. If you don’t do this, there is no way to ensure success.
Conclusion
In order to effectively measure the ROI of your manufacturing marketing efforts, first and foremost, it’s important to understand your ROI. In addition, identifying KPIs can help to ensure accuracy when it comes to the data you collect. Furthermore, software solutions like CRM can help streamline the process. So, following these steps will increase the likelihood that you will hit the right targets with your next marketing effort. Not only that, but you will also be able to accurately measure the ROI and make any improvements if at all necessary.
About the Author
Michael James is a seasoned marketing professional with years of experience in the manufacturing industry. He has developed a deep understanding of the unique challenges and opportunities of marketing products. In his free time, Michael loves spending time hiking and surfing.
