Tag: Marketing Strategy
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What to Know About Location-Based Data
For businesses in any industry and of any size, location-based data and the use of a location analysis tool can take your marketing to the next level. Location-based marketing means that you’re targeting your audience based on where they are at a current moment, or maybe where they’ve recently been. For example, you could target an audience that had recently been to a local car repair shop, or maybe you’re using zip codes to target people. Location data can provide a lot of information about what a person does on a daily basis. This could include their shopping habits, where they prefer to eat, and it can even provide information about how they go from looking at a product online to buying it in a store. The use of location-based data means that you can personalize your products or services and be more targeted and efficient with your marketing. The following are some of the big things to know. The Basics Location data is typically a reference to the specific geographic position of a smartphone or another device, or a building. There are coordinates that are expressed as Latitude and Longitude, and these are the geographic positions themselves. As far as marketing, GPS data is what’s most commonly being talked about. GPS provides coordinates gathered by a device. There’s another term to be aware of here too, which is a Software Development Kit or SDK. SDK codes are used by app developers. These codes then tell the app once it’s installed on someone’s device to collect location data from that device. The codes that are installed in an app do require that the user give explicit permission for the collection of location data. The SDK method gives deep insight into the habits of users, but the opt-in element is important. Usually, the opt-in is obtained when a user first interacts with an app after downloading it. In some cases, an SDK can only work when the app is open, and others can run in the background. Legality Location data doesn’t record someone’s identity or any information that could personally identify them. Businesses small and large throughout the world do use location data. There are regulations and legal compliance issues to be aware of, though. For example, data privacy laws dictate how businesses can collect and utilize some customer data. A data collector has to get the specific consent of someone to use, store, manage or share their data. You also have to provide them the opportunity to opt-out any time. Strategies For Location-Based Marketing There are a lot of ways that you can use location-based data in your marketing. Examples include: Geofencing: This is a concept where location data is collected in real-time. With this approach, there’s the creation of a virtual perimeter around a certain location. Then, you’re either gathering data within that or targeting. You can use it for proximity marketing. For example, if someone with your app enters an area within your perimeter, then they might get a push notification letting them know of a sale or event. Geotargeting: This is about delivering ads to people in a particular location, but it’s different from geofencing in that it can use previous location data paired with specific attributes of the audience. It might, for example, use location along with interest or behavioral data. This gives the opportunity for segmented and tailored marketing. Conquesting: This location-driven marketing approach is about reaching your competitor’s customers. For example, you’re using collected data to reach an audience when they are visiting the location of your competitor. What Types of Businesses Are a Good Fit for Location-Driven Marketing? There are broadly a few types of businesses that might find location marketing is a good fit for them. First, if you have retail locations, it can be a good idea to explore the collection of location data. This can include shops, restaurants, or car dealerships. If you’re a business that has special events or seasonal events, you might consider it. This could include event venues, sporting businesses, and businesses in travel or hospitality. eCommerce brands might use location marketing to find shoppers that go to brick-and-mortar competitors. Niche industries such as transportation and real estate as well as education can benefit from location marketing. Location data is really the biggest thing right now in terms of understanding customer behavior and the full customer journey and filling in gaps in that journey or perhaps the gaps between online and offline behavior. Read Also: Crucial Role of Content Marketing in Local Business Tips on Doing Search Engine Marketing (SEM) for Businesses 5 Marketing Tips to Help Grow Your Business on Instagram
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4 points to consider when creating a Great Content Marketing Strategy
The proverbial ‘holy grail’ of digital marketing is a slow but steady increase in your organic traffic, on a day-to-day basis. The key issue is not the fact that one is able to generate numerous hits on the website itself (important though they may be) but the fact that these hits will eventually be converted into actual sales. In this case, a suitably high conversion rate (resulting in actual earning of revenue) is of near-absolute and paramount importance, especially when it comes to the creation of an entirely self-sustaining and viable online business entity. Yes, the seminal importance of generating leads can never really be overlooked, but the far more critical objective of eventually making these sales remains crucial to the success of just about any business at hand. 4 Keypoints To Remember While Creating A Great Content Marketing Strategy For successfully doing content marketing you will go to need to follow some basic strategy. Your goal is to attract as many as possible audiences to your website. More audiences mean more potential customers. If your content is not going to attract audiences to your website. Your content marketing is not going to be successful. For doing this Here are the four key tips for you and along with this enhance your content marketing strategy. 1. Attracting The Relevant Traffic : It is pertinent to note that most such successes are only possible if the website in question is also able to attract the relevant traffic, in the very first place. This is precisely why many hits right at the initial stage, is of such supreme importance. As a matter of fact, the more such hits, the more the potential for the actual kind of leads that will almost inevitably lead to outright sales, either online or even offline (as the case may be). This can of course, only happen with the website itself is also able to ensure that the ‘just right’ traffic not only comes to the site but also stays there for a long enough period of time to enter the ‘web marketing funnel’ (that is, the process that leads an individual to not just the site itself, but also converts him or her into becoming a long-term customer. This entire process is colloquially known as a ‘marketing funnel’). This is the part where a highly effective content marketing strategy can easily come into the picture. That is, the kind of strategy which will be able to deliver both a sustained and an impactful message to the overall target audience. But in such a manner that it will also help them come to a suitably favorable purchase decision. Let us see just what such a strategy actually entails: 2. Understanding the target market : Here, it is very important, to understand that just about any content generation strategy has to come from the point of view of the target audience itself. The more important points and salient features of this aspect include the psychographics as well as the demographics of the audience that the enterprising content marketer is targeting. For example, if a website retails sports-shoes in the city of London, it would hardly make sense to pepper the website with articles on the Vietnam War (for instance). Here the key point to understand and learn is that one has to ‘tailor-make’ the content to fit in with the audience’s very own likes and dislikes, per se. (An interview with an Olympic hockey, for example, will be able to generate a lot more interest in the products on offer, then if the site owner and marketer were to just simply pick up random news items.) Similarly, if you are a heavy equipment dealer and sell used cab-over trucks and dozers, the content on your website should be relevant to the target market. 3. The seminal importance of creating great headlines : When it comes to understanding the importance of the ‘ubiquitous’ headline, the odds are that many if not most, such ‘digital marketing content specialists’ just simply love to write entire reams and reams of their very favorite articles without ever really understanding the gist of their work. In other words, they just simply fail to realize the fact that it is not the long-winded content that really catches the eye, but rather the headline, itself. If the headline is eye-catching enough, then the odds are that it will also vividly capture the imagination of the reader who will, in turn, be so hooked that he will have no choice but to read the whole thing. And once he does that, it will be easy enough for him to slide into the marketing funnel without even realizing it at all. This is why all content writers should almost always opt to go for a truly eye-catching headline if they possibly can. 4. Express and articulate your ideas very clearly : It is an axiomatic enough of an assumption that any article that converts is a winning article! This is why the web content writer should always avoid writing a lot of complicated stuff as well as long-winded and extended sentences that basically look like absolutely indigestible paragraphs, in their own right. Here, the need of the hour is to keep all such writings, both clear and concise. Albeit, having said that it is important to understand that your writings should be highly effective Here, the best policy and practice is to typically use short, concise and fairly simple words that even a child would be able to understand. In fact, the content writer should try to cut out all unnecessary words, if he possibly can. The point to remember here is that being clear is always much better than merely ‘showing off’ one’s own knowledge. Conclusion : In 2021 Content Marketing is the biggest medium by which you are going to convey your message to your audiences. Ultimately, the quantity and the quality of content on your site will easily go a very long way indeed, in effectively ensuring that you can also retain the core interest of your own target market in a manner that will be calculated to generate not just a single sale, but rather to create repeat customers, again and again. Read Also : How To Monitor The SEO Health Of Your Website Best SEO Tools For Ranking The Website Get A Return On Investment With Your SEO
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6 Crucial Aspects to Consider Before Starting a Business
Starting a business today is easier than it has been in previous years. This is a great advancement that has seen entrepreneurship soar. With this, you find that starting a business is a solid investment that allows people to cater to their needs. However, doing this requires you to ensure that you have a solid foundation and plan for its success. Going into business without this will only lead to failure in the long run. Statistics show that 20% of small businesses fail in their first two years, 45% within the first five years, and 65% during the first ten years. This goes to show that long-term success is not something that you should take lightly. It takes a lot of planning and effort if you want to see your business go to greater heights. Here are a few things to consider before embarking on this journey. Business Plan and Goals: When starting your business you need to ensure that you have a solid business plan. Your business plan should clearly outline your goals as a business. To ensure you set goals that will propel you forward, use the S.M.A.R.T method. It says you should set specific, measurable, achievable, realistic, and time-bound goals. This will get you in the right mind frame and allow you to move on to the next step. Once you've set your goals, you also need to ensure that you lay down actionable steps that will get you to your desired goal. Doing this ensures that you start on the right foot increasing your chances of business success. Products or Service you Provide: One of the most important factors you need to consider is the product or service you are bringing into the market. The first question you need to answer is if you'll be meeting a need that people have. This will allow you to invest in the right kind of products and services to sell. For instance, with the Covid 19 pandemic, one of the most in-demand products is hand sanitizers. Since there is already a demand for this, you can be sure to make sales if you position your business right. If you'd like to learn more about sanitizers and the business aspects click here. Figuring out your products or services will also give you the chance to find your target audience. It is essential to learn more about your target clients to ensure you work towards serving them. It will help you avoid putting too much time and effort into pitching people who do not need what you are offering. Marketing Strategy: The best way to get people into your business and grow your name is by marketing. Marketing will allow you to reach out to people who would otherwise never get to learn about your business. To do this, you need to ensure that you have a marketing strategy in place. Many businesses have shown that the best marketing involves helping your clients first and they'll trust your brand. To do this, providing useful information that they can apply in their life is a great step. For instance, if you deal with baby products, give information about how the products will help and inform your audience. To get a better understanding check out babylic.com. Marketing can be done in different forms from word of mouth to digital marketing. Find what works for you and run with it. Employee Acquisition: If you plan to have help in your business and delegate a few tasks, employee acquisition will play a major role. When it comes to getting help from other professionals, you need to ensure that you conduct proper interviews to ensure that they understand your business. This is the best way to ensure that you hire people who are invested in the growth of your business. When it comes to hiring help, you could either decide to get people who will be reporting to the office daily or work with remote workers. For remote workers, you get to avoid several logistical aspects but you have to ensure that you familiarize yourself with the digital space. This will ensure that operations run smoothly. Business Logistics: In business, you need to figure out what logistics you'll be dealing with. This will help determine the capital you'll require to get started and keep running the business before it gains momentum. The first thing most businesses consider is having a rental space where they can easily liaise with clients and also work with employees. On the other hand, some businesses don’t need to get a physical location and can run their businesses from home. For instance, if you run an interior design business where you remodel people's homes, you could just get started from home. All you need is to ensure that you have your marketing strategy in place. Additionally, consider having a website that showcases your knowledge in the industry. Check out Guyabouthome to get the best example of how you could go about it. Legal Aspects: The most important bit in every business is the legal aspect that you should take a keen look at. For this, you find that you'll need licenses, permits, and tax compliance letters among others. However, these requirements are different in every country which means you need to liaise with your respective authorized agents. Additionally, hiring a lawyer to work with on the legal aspects will take away the guessing games and reduce the time spent. Conclusion: Starting a business is easier now and more people prefer being bosses. However, having something successful requires a little more investment in terms of planning. Be sure to go through the steps outlined to ensure you get the best results from you your venture. Read Also: Key Components for Your Marketing Stack Tips on Doing Search Engine Marketing (SEM) for Businesses Crucial Role of Content Marketing in Local Business
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