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Presented By
                                 Brian J. Wilhelm
                            Marketing Specialist
The Wilhelm Group Marketing & Business Solutions
                                 704-323-6682
             Brianw@WilhelmGroupMarketing.com
1. Raise your prices.
2. Sell more to your customers.
3. Create new customers.

As raising your prices may actually diminish
 your return, we look to marketing to help
 you improve your business
   Communicating your message
   Brand recognition
   Establish or reinforce your image
   Stay front of mind with your target
    market
   Attract new customers
Methods of the Past



   Newspaper                Flyers
   Yellow pages             Bandit Signs
   Cold Call Sales          Radio/Television
   Telemarketing            Interpersonal
   Business Reply Mail       Networking
•   They worked and some still do to
    some degree
    (Networking, Targeted TV/Radio, Direct Mail)
•   Reinforced brand awareness
•   They were the options available at the
    time
•   Reached a large audience
• Expensive (average cost per lead $322)
• Inefficient (not targeted)
• Time Consuming
• Shotgun Approach
• Did not take into account the needs of the
consumer
• Difficult to measure ROI on multiple
campaigns
   The internet paved the way for new
    and innovative marketing techniques.

   Opportunities open for companies
    ready to adapt
 Search Engine Marketing
 Social Marketing
 Mobile Marketing
 Direct Mail
 Group Buying
 Email Marketing
Alone, each of these methods procures
  lead returns of up to 5%-Avg. lead cost
  $77
   A good lead management system will
    allow you to maximize your ROI
    (return on investment)
   Search Engine Optimization (SEO) is the process of positioning
    your website to rank highly on search results pages for the
    most relevant keyword searches. SEO has the best long-term
    return on investment because once your site ranks for
    important keywords you do not pay for each additional visitor
    to your site.
   Local Search Marketing maximizes your exposure in local
    directories and online map sites including Google
    Places, Yahoo Local, Bing Local, Yelp and more. Many of these
    sites are also emerging as the primary source of local business
    information on mobile devices. In fact, iPhone and Android app
    phones are pre-loaded with Google Maps, which pulls local
    business information from Google Places.
   Pay-Per-Click Advertising places an ad for your business
    directly in front of the people that are actively searching online
    for your products and services.
   Over the last few years, social has exploded. In the
    US, social networks and blogs reach over 80% of
    internet users. In terms of time spent, Americans
    spend the majority of their time online utilizing
    social. They use it to get recommendations on
    products, provide testimonials of their own
    experience, and evangelize brands they absolutely
    love. Social is inexpensive to use in terms of
    dollars, and allows businesses to reach a very large
    audience.
   4/5 internet users visit social networks & blogs - dominating
    time spent online
   70% of all adult social networkers shop online
   53% follow a brand and are more likely to refer to a friend or
    family member
   Build stronger relationships w/ existing customers
    Social is better used for nurturing than prospecting
   Streamline your efficiency by posting to multiple accounts at
    the same time
   Share content that is interesting to your audience - cool
    facts, quotes, stories, testimonials
   Follow, Friend, Like your customers and clients
   Track Analytics
   Mobile marketing utilizes
    applications and strategies to
    maximize the reach of your message
    on mobile devices such as smart
    phones and tablets
   QR codes, Pay Per Click, and Maps
    Listings.
   Over 90% of cell phones are now
    smart phones.
   Many businesses have avoided direct
    mail because of the cost associated with
    a $.45 stamp. Every Door Direct Mail, a
    new program offered through the US
    Postal Service allows you to reduce your
    postage cost to $.145. Now every
    business can affordably take advantage
    of this great marketing opportunity. In
    fact, now you can have your piece
    designed, printed, and mailed for the
    cost of that original stamp.
   Average National ROI $12 for every
    $1 spent
   Reach up to 5,000 residences and
    businesses segmented by postal
    route
   Mail pieces can be designed to stand
    out among other mail items
    increasing read rate.
   Offering of online vouchers for discounts on
    your products and/or services
   Many small businesses are having great
    success using services like Groupon and
    Living Social.
   Group buying offers an opportunity to easily
    attract new clients.
   The businesses who are having the most
    success are up-selling voucher customers
    ancillary products or packages
   Email is the most cost effective form
    of online marketing. In fact, the
    national average rate of return for
    email marketing is $77 for every $1
    spent. The hardest part of email
    marketing is building a good
    list. Lists can be built in a variety of
    ways, but you need to be careful that
    your contact list is relatively accurate
   10-20% of leads are orphaned within two
    touches
   Email is best for nurturing and reminding
    customers and prospects about your product
    or service
   Recapture 30% of lost sales with an auto
    responder series
   Cross sell products and services to existing
    customers
    Generate referrals from existing customers
   When implementing multiple
    marketing channels strategically,
    lead procurement can be as high as
    20%
   Design a compelling 6.5x12 postcard offering a great
    incentive.
   In order to receive the offer, the prospect will have to
    visit a landing page and complete the online order form
    with their contact information.
   The landing page should provide content relevant to
    your offer, as well as, benefits of ancillary products and
    services you provide.
   Now that you have their contact information, you can
    put them on an email marketing nurture campaign
    preloaded with 12 months of information about your
    product or service.
   Businesses rely heavily on group buying discount services. They
    also take a one and done approach.
   Run a special incentive in order to generate as many buyers as you
    can. Remember, as these vouchers are redeemed, you’re not
    making anything additional than your original 25%. Be sure to up-
    sell and offer ancillary products and services to make offering the
    upfront discount monetarily beneficial.
   Get as much of the customer’s contact information as possible.
    Most group buying services will not provide you with this
    information. As your database grows, during times of necessary
    cash flow , you will be able to bypass the group buying services,
    offer the same discount, and double your money.
   Place you contacts on an email marketing campaign tailored to
    provide additional information relative to your business and
    discounts in return for referrals.
   Depending on your industry , gaining position on
    Google and Bing can take months, and is expensive. A
    less expensive route is Local SEO. Pay per click only
    charges you for results.
   When a PPC or Local Maps prospect contacts you
    chances are they are looking for more information.
   Even if you are able to get them in for a consultation it
    doesn’t always mean that they are ready to buy your
    product/service. Prepare them for your meeting by
    providing them with the knowledge to help them make
    a mutually favorable decision.
   Friend them on Facebook and follow them on Twitter to
    begin forging a relationship
   Even the best of us will not close every sale. Just
    because a customer does not purchase from us does
    not mean that they are buying from our competition.
   Don’t burn a relationship with a customer by being
    overly pushy. Instead, place them on an automated
    behavioral email marketing campaign preloaded with
    the information that they need to help them make a
    mutually beneficial decision.
   Friend them on Facebook and follow them on twitter in
    order to solidify a deeper relationship
   Studies show that this strategy can help you regain 30-
    40% of your lost sales.
 The Evolution of Marketing
 Strategies for Today's Small
 Business

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The Evolution of Marketing

  • 1. Presented By Brian J. Wilhelm Marketing Specialist The Wilhelm Group Marketing & Business Solutions 704-323-6682 Brianw@WilhelmGroupMarketing.com
  • 2. 1. Raise your prices. 2. Sell more to your customers. 3. Create new customers. As raising your prices may actually diminish your return, we look to marketing to help you improve your business
  • 3. Communicating your message  Brand recognition  Establish or reinforce your image  Stay front of mind with your target market  Attract new customers
  • 4. Methods of the Past  Newspaper  Flyers  Yellow pages  Bandit Signs  Cold Call Sales  Radio/Television  Telemarketing  Interpersonal  Business Reply Mail Networking
  • 5. They worked and some still do to some degree (Networking, Targeted TV/Radio, Direct Mail) • Reinforced brand awareness • They were the options available at the time • Reached a large audience
  • 6. • Expensive (average cost per lead $322) • Inefficient (not targeted) • Time Consuming • Shotgun Approach • Did not take into account the needs of the consumer • Difficult to measure ROI on multiple campaigns
  • 7. The internet paved the way for new and innovative marketing techniques.  Opportunities open for companies ready to adapt
  • 8.  Search Engine Marketing  Social Marketing  Mobile Marketing  Direct Mail  Group Buying  Email Marketing Alone, each of these methods procures lead returns of up to 5%-Avg. lead cost $77
  • 9. A good lead management system will allow you to maximize your ROI (return on investment)
  • 10. Search Engine Optimization (SEO) is the process of positioning your website to rank highly on search results pages for the most relevant keyword searches. SEO has the best long-term return on investment because once your site ranks for important keywords you do not pay for each additional visitor to your site.  Local Search Marketing maximizes your exposure in local directories and online map sites including Google Places, Yahoo Local, Bing Local, Yelp and more. Many of these sites are also emerging as the primary source of local business information on mobile devices. In fact, iPhone and Android app phones are pre-loaded with Google Maps, which pulls local business information from Google Places.  Pay-Per-Click Advertising places an ad for your business directly in front of the people that are actively searching online for your products and services.
  • 11. Over the last few years, social has exploded. In the US, social networks and blogs reach over 80% of internet users. In terms of time spent, Americans spend the majority of their time online utilizing social. They use it to get recommendations on products, provide testimonials of their own experience, and evangelize brands they absolutely love. Social is inexpensive to use in terms of dollars, and allows businesses to reach a very large audience.
  • 12. 4/5 internet users visit social networks & blogs - dominating time spent online  70% of all adult social networkers shop online  53% follow a brand and are more likely to refer to a friend or family member  Build stronger relationships w/ existing customers  Social is better used for nurturing than prospecting  Streamline your efficiency by posting to multiple accounts at the same time  Share content that is interesting to your audience - cool facts, quotes, stories, testimonials  Follow, Friend, Like your customers and clients  Track Analytics
  • 13. Mobile marketing utilizes applications and strategies to maximize the reach of your message on mobile devices such as smart phones and tablets  QR codes, Pay Per Click, and Maps Listings.  Over 90% of cell phones are now smart phones.
  • 14. Many businesses have avoided direct mail because of the cost associated with a $.45 stamp. Every Door Direct Mail, a new program offered through the US Postal Service allows you to reduce your postage cost to $.145. Now every business can affordably take advantage of this great marketing opportunity. In fact, now you can have your piece designed, printed, and mailed for the cost of that original stamp.
  • 15. Average National ROI $12 for every $1 spent  Reach up to 5,000 residences and businesses segmented by postal route  Mail pieces can be designed to stand out among other mail items increasing read rate.
  • 16. Offering of online vouchers for discounts on your products and/or services  Many small businesses are having great success using services like Groupon and Living Social.  Group buying offers an opportunity to easily attract new clients.  The businesses who are having the most success are up-selling voucher customers ancillary products or packages
  • 17. Email is the most cost effective form of online marketing. In fact, the national average rate of return for email marketing is $77 for every $1 spent. The hardest part of email marketing is building a good list. Lists can be built in a variety of ways, but you need to be careful that your contact list is relatively accurate
  • 18. 10-20% of leads are orphaned within two touches  Email is best for nurturing and reminding customers and prospects about your product or service  Recapture 30% of lost sales with an auto responder series  Cross sell products and services to existing customers  Generate referrals from existing customers
  • 19. When implementing multiple marketing channels strategically, lead procurement can be as high as 20%
  • 20. Design a compelling 6.5x12 postcard offering a great incentive.  In order to receive the offer, the prospect will have to visit a landing page and complete the online order form with their contact information.  The landing page should provide content relevant to your offer, as well as, benefits of ancillary products and services you provide.  Now that you have their contact information, you can put them on an email marketing nurture campaign preloaded with 12 months of information about your product or service.
  • 21. Businesses rely heavily on group buying discount services. They also take a one and done approach.  Run a special incentive in order to generate as many buyers as you can. Remember, as these vouchers are redeemed, you’re not making anything additional than your original 25%. Be sure to up- sell and offer ancillary products and services to make offering the upfront discount monetarily beneficial.  Get as much of the customer’s contact information as possible. Most group buying services will not provide you with this information. As your database grows, during times of necessary cash flow , you will be able to bypass the group buying services, offer the same discount, and double your money.  Place you contacts on an email marketing campaign tailored to provide additional information relative to your business and discounts in return for referrals.
  • 22. Depending on your industry , gaining position on Google and Bing can take months, and is expensive. A less expensive route is Local SEO. Pay per click only charges you for results.  When a PPC or Local Maps prospect contacts you chances are they are looking for more information.  Even if you are able to get them in for a consultation it doesn’t always mean that they are ready to buy your product/service. Prepare them for your meeting by providing them with the knowledge to help them make a mutually favorable decision.  Friend them on Facebook and follow them on Twitter to begin forging a relationship
  • 23. Even the best of us will not close every sale. Just because a customer does not purchase from us does not mean that they are buying from our competition.  Don’t burn a relationship with a customer by being overly pushy. Instead, place them on an automated behavioral email marketing campaign preloaded with the information that they need to help them make a mutually beneficial decision.  Friend them on Facebook and follow them on twitter in order to solidify a deeper relationship  Studies show that this strategy can help you regain 30- 40% of your lost sales.
  • 24.  The Evolution of Marketing Strategies for Today's Small Business