7 Proven Marketing Tactics to Increase your ROI in 2018

Published on: 02 March 2018 Last Updated on: 02 March 2020

The digital marketing landscape has become more diversified than ever in 2018 because consumers are generating their own content and marketers are searching for more ways to create product awareness and interest. Since the digital space is highly competitive, marketers are ready to do whatever they can for gaining a competitive advantage. However, instead of dipping your hand in all the pies, it is best if you use marketing strategies that are bound to increase your ROI in the form of more leads, higher traffic, increased conversion, and sales. In a nutshell, you want to use tactics that add something to your bottom line.

Listed below are 7 of those marketing tactics that do exactly that and can be used to boost profits in 2018:

Tactic 1: Instagram Ads

After Facebook, Instagram has become the newest force in social media. Just like Facebook Sponsored Posts and Twitter’s Promoted Tweets have given results, Instagram Ads can also be immensely powerful. They are like digital chameleons because they are able to blend in with the audience’s feed for increasing awareness and driving traffic to your website. While the demographics of the social network is similar to that of Facebook, Instagram has distinguished itself with a greater level of engagement and creativity and gives you exposure to the right audience.

Tactic 2: Reviews

The online reputation of a business can be hugely influenced by customer reviews. Businesses with no reviews, no recent reviews or with negative ones are at a significant disadvantage as opposed to their competition. As a matter of fact, more than 80% of people have stated that their buying decisions are influenced by negative customer reviews. Thus, it is essential for every business to get positive customer reviews and should also respond to them in a timely manner. Positive reviews can be showcased on the website and on social media and negative reviews can be addressed before they go viral. Improving the customer review score boosts SEO ranking and improves online reputation. The best way to get reviews from your customers is by contacting them directly. By using a tool called GMass, you can email all of your customers at one time asking them to write a review of their experience. They would be more likely to write a review if they are already online checking their emails than having to remember to write one after they got home from their shopping trip.

Tactic 3: Evergreen Content

This is content that stays relevant and interesting for a long time, regardless of any cultural change. This can include industry resources, tutorials, tips, and product reviews. While this usually refers to white papers and blog content, evergreen content can also be used for video content, infographics, and email marketing.

Tactic 4: Crowdsourced Content

Yes, the statement ‘content is king’ might be getting old, but it remains true still. Content remains very powerful in today’s competitive market and can turn the tide for a business. The problem is that turning out heaps of creative and useful content requires lots of resources and time. Therefore, it is not surprising to see a new trend emerge; businesses have begun to collaborate and crowdsource because this allows them to get access to meaningful and relevant content. By soliciting ideas from others, a business is able to get the best quality content and save a ton of its valuable time without making any compromises on quality. With crowdsourcing, you leave the idea and word generation to someone else, mostly in your industry. This enables a business to get insights it may not have come up on its own. Also, using this content allows you to reach a greater audience because the ones who created the content will also share it out.

Tactic 5: Retargeting Ads

You just checked out an amazing new camera on Amazon and now when you visit Facebook, YouTube or any other website, you can see ads about cameras. This is a feature of Google Adwords and ad serving networks of other search engines, which is called retargeting or remarketing. When you check a business’s website, they can serve you with relevant and interesting ads wherever you go. Marketers are thrilled with this tactic whereas customers feel a bit creeped out. The best part? Your business already knows what the customer is looking for and targeting them with similar products will actually bring them back to you.

Tactic 6: Video Content Marketing

Traditionally, video marketing for dispersing content was termed unfeasible and getting an ROI from the video was quite difficult. However, this is the era of smartphones that have spectacular cameras and video streaming services that show you videos in just a few taps. This means that now the benefits of video content marketing can go beyond its cost. Every business needs to use video for product launches, Vlogs, tutorials, and tips because they provide value to the viewers. Videos allow a business to use humor, appeal to emotion and aid apprehension for relating to your customers in a better way. The same cannot be achieved with a written blog.

Tactic 7: Custom Landing Pages

Simply put, landing pages are webpages describing a piece of content, which require users to enter their information to unlock the said content. It is regarded as a lead capture tool because you want to be able to convert the readers into leads and customers when they go over your content. Otherwise, it is only a waste of time and resources. Landing pages linked from an email or blog should be connected to digital marketing content. Also, the featured content can be an eBook, white paper or anything else, but it has to be valuable enough for people to give their contact info.

Using these 7 proven marketing tactics will help a business in increasing its ROI in 2018 effectively.

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Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

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How to use IT to Save Your Business Money

In a world that’s focused on making your business fly, ‘return on investment’ (ROI) is a term that’s usually talked about when you’re planning SEO, PPC or social marketing strategies. In fact, IT can offer a huge ROI for your business – simply by streamlining processes that could otherwise see your team or contractors spending unnecessary time struggling with sub-par systems and devices. We’ll walk you through 6 of the best ways to save money, with nothing but IT as your tool… How to use IT to Save Your Business Money: Explore open-source software : It’s easy to forget that Microsoft, Google, Adobe and the other huge software and service providers aren’t the only companies out there who create worthwhile resources. If you’re used to working for a company, you might take it for granted that the typical applications you’ll use (think; word processing, spreadsheets, customer relationship management, accounting – and much more) are just there for you within a few clicks – but actually, those pieces of software cost a significant amount of money. The truth is, the household names are the ones we know about because they’ve got the budget to market their products far and wide – but in fact, there’s a host of great open-source applications out there that are completely free to use – you’ve just got to know where to look. Open-source is more than just a money-saving tip though, in fact, there’s a world of developers who believe open-source is the only way you can truly reflect user’s needs in the long term – and many of those developers commit themselves to maintain and adjusting the free software to suit businesses just like yours. This TechRadar list offers some great open-source applications that’ll definitely help your business save money when compared to full price alternatives. Let employees work on their own devices : ‘Bring your own device’ (BYOD) such a simple idea – yet so many businesses resist it. When you let your employees use their own devices to do company business, you’re saving huge amounts of money – and actually increasing productivity at the same time. Countless studies have shown that employees are more comfortable and more productive when they use their own devices for work tasks – and the maths really adds up: If using a device you’re familiar with only saves 10 minutes each day – that adds up to an incredible 45 hours over the course of a full working year – essentially offering you a free week’s worth of work if you’re happy for employees to use their own machines. Of course, there are security considerations to be made – and BYOD is likely to be impractical if you’re handling a lot of sensitive client information, but if you’d like to take away a huge chunk of capital expenditure from your budget, these could be problems you’d be happy to work around. Outsource support : When it comes to money-saving, good tech systems can give and take in similar measures – but one of the largest costs to consider when you’re installing IT relates to the people who are going to support it. If you’re a small company, even if you only have a very small number of employees, you’re probably going to need someone to support your IT systems – and if you don’t have that person in place, you run the very real risk of not being able to trade if your IT network goes down. So, what does the maths look like? Well, you’ve got a $40,000 basic wage for someone who comes with the skills set needed to keep a network up and running by themselves – then you’ve got to factor holiday cover, sickness, maternity/paternity leave, training and what happens if that person decides they’d like to work somewhere else. All in all, carrying IT staff can be problematic – and extremely expensive – which is why managed network providers (MSPs) are becoming more and more popular with small to medium-sized businesses. With an MSP, you’ve got the potential of 24/7 access, 365 days a year – plus no need to worry about keeping an individual up to speed with the latest accreditations and training programs. You simply pick up the phone and access the support – which, most of the time, can be applied to your systems remotely. If you’d like your tech to save you thousands – you could do a lot worse than finding a good MSP and treating them like they’re one of your valued team. Buy resources ‘as a service’ : If you’re bringing your IT support onboard as an outsourced service – why not do the same with your applications, platforms, and infrastructure? In the last 10 years, larger tech companies have realized that there’s an increasing number of small businesses becoming established year on year – and those companies simply do not have the money that’s needed to buy expensive software licenses, development platforms and costly networking infrastructure straight out of the gate. The solution? Offering all of the above on a subscription basis – pay for only what you use, whenever you need it? A result is an increasing number of people opting to move to solutions like Microsoft Office 365 and Google’s G-Suite – both examples of ‘Software as a Service’ (Saas). That said, it’s not just cloud-accessed software that’s available in this manner, Microsoft now provides email exchange servers on a similar subscription basis too – with the robust security you’d expect from one of the biggest tech companies on Earth. All these things are made possible by the cloud – the concept of storage and services that are hosted centrally, with your internet connection bridging the gap between your business and the resource. Of course, you’re going to need a connection that is stable and fast enough to allow uninterrupted access – but that’s more than realistic for most internet service providers. Interestingly – the monetary benefits of SaaS are actually likely to be two-fold, as there’s an increasing body of evidence that suggests people actually work more effectively together when they’re collaborating online, even when compared to sitting next to one another in an office space. If you want to increase productivity and reduce costs with the help of IT tech, you could do a lot worse than to explore which of your required resources could be procured ‘as a Service’. Read Also : How Does Modern Technology Propel The Success Of Your Business? 5 Affordable E-Commerce Shopping Carts For Small Business What Are The Benefits Associated With Crowdfunding For Businesses?

Best E-commerce Platforms for Your Box Subscription Business

The majority of product-based firms are supplementing their model of revenue by adopting the box subscription stream for revenue. An example is the Blue Bottle and Stumptown Coffee in the coffee industry. In the place of being websites which are one-stop-shops for products that relate to coffee, both of them are sources of recurring deliveries to the clients of these beans. Conversely, other you can opt for ProfitIndustry top 5 best e-commerce platforms for box subscription business for purposes of gaining from their benefits. Enhanced experiences for customers: Loyalty comes from providing the best experiences for customers. When you strive to provide the best experiences for customers, you are formulating good customer relations. It leads to overall business sustainability, brand loyalty, and repeat purchasing. Companies that focus on providing superior experiences to customers realize positive results that include increased growth in revenue and customer satisfaction. Making things low-friction or smooth for the customer is the best way of providing excellent customer experiences. Convenience: With ProfitIndustry top 5 best e-commerce platforms for a box subscription business, the products will get delivered in a recurring manner, at the frequency of the shopper, and the client will not get worried about the products getting depleted. Better return on investment in customer acquisition: Business growth relies on the scalability and efficiency of your strategy of acquiring customers. As the business continues to grow, you will have to open new customer acquisition channels or focus on those channels that favor repeat business from current clients. Regardless of the way you refine the strategy, new customer acquisition will be costly. More than eight percent of companies find it easier to retain current customers than acquire new ones. For this reason, the box subscription model seems to meet that requirement nicely. In case the customer wants to get an item that will run out, you can assume that he is becoming a repeat customer than if you are concentrating on products that are one-sided. The investment you will incur in convincing first-time visitors is higher than compelling previous purchasers. You may spend a lot of money on adverts on new clients while convincing existing ones may need targeted emails. Revenue from such business will be higher than first-time clients. The difference is in the fundamentals of ProfitIndustry top 5 best e-commerce platforms for a box subscription business. The model is retention-based; which ensures that recurring revenue from repeat clients is executed well. This strategy is the best recipe for the sustainability of the business. Selling your service or product in the standard way means you will work hard to convert users to buyers and work very hard to convert them to repeat buyers. Better prediction of revenue: The best thing about ProfitIndustry top 5 best e-commerce platforms for a box subscription business is that you maintain a revenue stream that is reliable. In most cases, when the company predicts revenue, assumptions come from previous sales, salaries, and overall expenses. Nonetheless, the subscription model offers a good way of forecasting revenue by tightening elements of revenue prediction that vacillate. Since box subscription business has its basis on retention, the owner can predict the lifetime value of the customer. Gathering the income of clients on particular periods will help you predict your future revenue. Conclusion: Currently, clients can order almost everything online. Some firms take advantage of this ease by capitalizing on elements that other models of businesses find it tricky to implement the delight of customers. With omnichannel being on the tongue of all marketers, delighting your customers is genuinely demanding. When you bring in elements of surprise, you will please your customers. When you offer a box of unknown items monthly, customers will be happy to receive the things that are new or will consider purchasing individually due to price. Read Also: 8 Key SEO Strategies For E-Commerce Websites Oh, Crop! Killer E-Commerce Mistakes You Need To Conquer Tags In E-Commerce: This Is Why They Are Important How Social Media Can Boost Up The E-Commerce Industry New Technology In Business: 4 Inventions In 2019 That Are Changing The Game

Don’t Stick To Age-Old Methods Of Marketing: These 7 Are The Best To Date!

Marketing has taken a rapid pace in the past few years. From the traditional pen-paper and poster stamping tactics, it has landed in the digital world. As per stats, this swift growth has been seen in the past two years than in the previous 50 years. But what makes digital marketing work so efficiently? Perhaps its the prolific content creation, hard-core search engine optimization, white hat link building and more. While these tricks are important, there’s more to these tactics that are often overlooked and scoffed when professionals look at marketing campaigns. If you want to hit the bulls-eye and want to boost sales, here are some tricks that can do wonders for your camping and can increase the sales graph: Video Marketing: Users mostly spend more and more time online, with over a wide percentage of that time to be spent on digital videos. Those digital videos are the weapon to drive more sales. How? Let’s say, you were watching the video of nail art and suddenly an annoying add pop-up; that annoying advertisement is gold who use InStream marketing service. Since you will pay for legitimate views on your video, the advertisements are set to come up various times in between the clip. This way, you will get more visitors, and your ads will work exactly like other paid ads. Facebook Advertisements: Sure you might not be interested in Facebook applications, you cannot deny the fact that this platform can drive more sales. It’s the largest platform to bring your brand to the outer world. In this, you can easily target specific users and can reach to potential buyers. You don’t have to reach to the mass of Facebook audience, just target those who have liked your niche. You can look for a target audience on the basis of age, their likes and dislikes, cities, and more. Since there millions of people on Facebook, Facebook advertising agencies use this platform to do miracles on businesses. Emails Are Still There, So Use Them! If you fear that your domain-based emails will be moot into your marketing scene because many social media users already have an email address, fret not! There will be millions of old-school users who still use emails to connect with friends. Some stats also indicate that the email marketing has an impressive ROI of around 12.2%, which is 4 times higher than other marketing channels. Further, this marketing strategy is a cult favorite of startups. And bonus, it doesn’t need tons of money to run a campaign. Retargeting: Convincing people to pay attention to your website and to believe in your business idea is difficult. However, retargeting ads can help. Retargeting is more like nudging in which people show relevant ads to only those people who have previously visited your website. When the customer comes to your website, the browser gets cooked. When the same client visits other sites, the retargeting platform will get notified by the cookie, and the users will see the same as they have liked on your page or site. LinkedIn Advertisement: Linkdln is quite a professional place to showcase anything, and serious marketers appreciate its value. They use the platform to showcase advertisements to those who are willing to see them. Although marketing to these platforms is bit costly, you will get to show your ads on millions of other networks. Viral Marketing: Creating a strong buzz for your brand on the Internet is very important to drive sales. So, work on creating content that easily goes viral. You can use any of the said platforms to viral your business to make it an overnight success. You can use hilarious content, genuine piece of information to bring traffic to your platform. This not only helps your brand to shout to the outer world but will also help in converting traffic to the buyers. Having a successful brand is an uphill battle of fierce competition. So, pick your marketing strategy effectively and skyrocket your business. Read also: 7 Proven Marketing Tactics To Increase Your ROI In 2018 Social Media Marketing: Six Trends To Keep Your Eyes On

7 Proven Marketing Tactics to Increase your ROI in 2018

Tactic 1: Instagram Ads

Tactic 2: Reviews

Tactic 3: Evergreen Content

Tactic 4: Crowdsourced Content

Tactic 5: Retargeting Ads

Tactic 6: Video Content Marketing

Tactic 7: Custom Landing Pages

How Smartphone Tracking Programs assist Parents in Controlling their Children

What to Look for in a Transcription Service Provider

Content Rally

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

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Related

How to use IT to Save Your Business Money

Best E-commerce Platforms for Your Box Subscription Business

Don’t Stick To Age-Old Methods Of Marketing: These 7 Are The Best To Date!

7 Proven Marketing Tactics to Increase your ROI in 2018

Tactic 1: Instagram Ads

Tactic 2: Reviews

Tactic 3: Evergreen Content

Tactic 4: Crowdsourced Content

Tactic 5: Retargeting Ads

Tactic 6: Video Content Marketing

Tactic 7: Custom Landing Pages

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How Smartphone Tracking Programs assist Parents in Controlling their Children

What to Look for in a Transcription Service Provider

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

Leave a Reply

Popular

Follow Us

Recent

Related