Remember this? On November 1, everyone panicked because of this headline: “Facebook owner Meta faces EU ban on targeted advertising.”

The article went on to say…

The European data regulator has agreed to extend a ban on Facebook and Instagram to cover all 30 countries in the European Union.

And when would this go into effect?

The decision by the EDPB is an instruction to the data regulator of Ireland to impose a permanent ban on the company’s use of behavioral advertising within two weeks.

We saw this everywhere. Targeting apocalypse in two weeks! Two weeks from when?

On October 27, the EDPB adopted an urgent binding decision to impose a ban on the processing of personal data for behavioral advertising.

Two weeks from October 27 was November 10. Today is November 19, so has behavioral targeting been banned?

No. No, it has not.

Or, to put it another way, Meta ad targeting still functions as it always has in the EU.

I said it then when this news came out, and I’ll say it again: This is spin. It’s a staring contest between the regulators and Meta.

Meta clearly believes that offering a paid, ad-free subscription option in the EU satisfies their obligations. And since this deadline passed without any hiccups or word otherwise, that seems to be the case — for now.

No targeting apocalypse in the EU yet, at least. But, we haven’t heard the last of this. Stay tuned.

The post Targeting Deadline Passes in EU appeared first on Jon Loomer Digital.

Did you miss our previous article…
https://www.sydneysocialmediaservices.com/?p=9142

B2B Video Is Bringing in Customers [Report]
91 percent of B2B marketers have said that their organization has used video in marketing efforts, with 90 percent noting that video has helped increase traffic, while 71 percent of B2B brands have used videos created especially for social media, with 70 percent having utilized explainer videos — three of numerous findings included in newly-published report data. ANA

B2B Demand Gen Marketers to Increasingly Prioritize High-Quality Lead Programs
When it comes to the demand generation channels and tactics that B2B marketers plan to expand the most in the coming year, a leading 51 percent pointed to account-based marketed (ABM) initiatives, 30 percent noted lead nurturing efforts, and 27 percent high-quality late-funnel lead programs, according to recently-released demand generation survey data of interest to B2B marketers. MarketingCharts

Google Launches “Notes” To Add User Comments In Search Results
Search giant Google has begun testing a new Notes feature in its Google Search Labs program that allows signed-in users to share their personal experiences about specific search results, as part of Google’s ongoing efforts to surface more user-generated content (UCG) within its search experience, Google recently announced. Search Engine Journal


“A lot of marketers fail to recognize the fact that B2B buyers don't have a B2B buying cap on at some times of the day and a consumer hat on at other times of the day.” — Rick LaFond of @Gartner_Inc
Click To Tweet


LinkedIn Adds Relationship Management Elements to Sales Navigator
Microsoft-owned LinkedIn (client) has brought new Account IQ additions to its Sales Navigator product, which has incorporated AI with real-time first-party data from the professional social platform to show more detailed company business data, while a new Relationship Map feature has added new visual elements, LinkedIn recently annnounced. Social Media Today

Why Most Video Content Fails To Reach Its Full Potential [New Research]
67 percent of marketers have said that video has been more important to their business over the past year, while just seven percent noted their organization was using video to its full potential, with 54 percent of survey respondents having used video interviews with influencers and subject matter experts — three of many findings included within newly-published video and visual storytelling survey data. Content Marketing Institute

Brand and Marketing Strength Are Important Considerations for Financial Analysts
When it comes to appraising and analyzing companies, 79 percent of financial analysts have said the strength of a brand and its marketing is most important, with 76 percent pointing to leadership quality and 72 percent noting technological innovation prowess, according to recently-released survey data of interest to B2B marketers. MarketingCharts

2023 November 17 statistics image

Google Analytics 4 can now be integrated with Salesforce Marketing Cloud
Audience syncing between Salesforce Marketing Cloud and websites using Google Analytics 4 has rolled out, allowing more streamlined functionality between the two using Salesforce Marketing Cloud’s Journey Builder, and Search Engine Land recently took a look. Search Engine Land

Instagram Updates Reels Composer UI to Provide More Creation Options
Meta-owned Instagram has given its Instagram’s Reels video composer an array of new editing and user interface options, contained in the social platform’s latest update, allowing B2B marketers using Reels greater customization without the use of third-party video design tools, Instagram announced recently. Social Media Today

B2B Demand Gen: Smaller Companies Catch Up to BDR Best Practices
61 percent of B2B technology and demand generation marketers at organizations with over 5,000 employees have said they have a lead-qualifying team that sets appointments for the sales team once screening has happened, with 58 percent of organizations under 5,000 employees having such a team, according to newly-published survey data. MarketingCharts

Google Search Adds Follow Feature
Google has begun rolling out the ability to actively follow certain chosen search topics, triggering additional related content within a user’s Discover feed and within future searches, along with related news about followed topics, Google recently announced. Search Engine Roundtable

ON THE LIGHTER SIDE:

2023 November 17 Marketoonist Comic Image

A lighthearted look at “Break through the Clutter” by Marketoonist Tom Fishburne — Marketoonist

On this day, the Intel 4004, the world’s first commercially produced microprocessor, was launched — XDA

TOPRANK MARKETING & CLIENTS IN THE NEWS:

  • TopRank Marketing — Under The Influence: Influencer Marketing Benefits Sales, Branding, And More — MirabelTech / Magazine Manager
  • TopRank Marketing — This Week in Marketing: B2B as a Specialization — LinkedIn (client)
  • TopRank Marketing — The Drop on Influencer Marketing as a Service [Video] — Hotwire

FRIDAY FIVE B2B MARKETING FAVORITES TO FOLLOW:

Greg Boser @GregBoser
Lisa Buyer @lisabuyer
Rani Mani @ranimani0707
Debra Jasper @DebraJasper
Brett Tabke @btabke

Learn more about TopRank Marketing‘s mission to help elevate the B2B marketing industry.

Have you come across an important B2B marketing news item we haven’t yet covered? If so, please don’t hesitate to drop us a line in the comments below.

Thanks for joining us for this week’s Elevate B2B Marketing News, and we hope you’ll return again next Friday for another selection of the most up-to-date and relevant B2B and digital marketing industry news. In the meantime, you can follow us on our LinkedIn page, or at @TopRank on Twitter/X for even more timely daily news.

The post Elevate B2B Marketing News Weekly Roundup: The Rising Pull of B2B Video, Google Adds Followed Searches & Tests Notes appeared first on B2B Marketing Blog – TopRank®.

happy old man with electric guitar after using content amplification to boost his website’s performance

Even the best content can get lost in the shuffle, generating few or no returns. A staggering 47% of marketers emphasize researching their audience to ensure content success, yet many pieces still fail.

With so much information on the internet these days, it’s not enough to just produce great content anymore. You also need to make sure it’s landing in front of the right set of eyes. Achieving this level of resonance can lead to increased traffic, higher conversion rates, and substantial growth for your brand.

The burning question is: How?

And our answer? Content amplification.

In this article, we’ll explore the power of content amplification, help you understand its pivotal role in getting the right eyes on your content, and discover actionable steps to kickstart your amplification journey.

Quick Takeaways 

  • Content amplification boosts content reach, differentiating from traditional ads by promoting valuable content over products.
  • Marketing Insider Group (MIG) aims to consistently promote targeted content, connect with specific buyer interests, and increase leads and deals.
  • Our approach at MIG encompasses when, what, who, where, and how to promote content, leveraging tools like Zemanta and data-driven strategies.
  • We use key metrics, like clicks and engaged visits, to continuously refine and improve their campaigns.
  • MIG uses Zemanta for its impact on search rankings, expansive reach, AI optimization, cost-effectiveness, and contextual promotions.

What Is Content Amplification?

Content amplification isn’t just another buzzword in the marketing world. It’s one of the only strategies we’ve seen deliver real results.

Think of it as giving your content a much-needed boost. You’ve created a stellar piece of content, but without the right audience, its potential is limited. Content amplification ensures your content doesn’t just sit there, but rather reaches the people who’ll find it most valuable.

Now, you might be thinking, “Isn’t this what paid ads are for?” But there’s a distinct difference. While traditional paid ads focus on pushing products or services, content amplification promotes insightful content that resonates. It’s less about the hard sell and more about building genuine connections.

graphic shows example of content amplification

At Marketing Insider Group, we’ve seen firsthand the power of content amplification through:

  • Reaching the right audience
  • Sparking engagement
  • Driving meaningful interactions

As we continue to explore this topic, you’ll see why we believe content amplification is a cornerstone of effective digital marketing.

The Goals of Content Amplification

At MIG, our content amplification goals are about ensuring quality content gets the recognition it deserves, fostering genuine connections, and driving business success. Let’s dive deeper into what we aim to achieve:

1. Consistent Promotion of Targeted Content

Every piece of content, be it a blog post, video, or infographic, has value. Our goal is to ensure these pieces consistently reach their intended audience, maximizing their impact.

2. Reaching the “Interest Profile” of Buyers

Broad reach is good, but precision is better. We focus on connecting with individuals whose interests align with our content. This precision targeting ensures we’re engaging with people who genuinely resonate with what we’re sharing.

3. Increasing Leads and Deals

Beyond engagement, our ultimate objective is to drive tangible results. By strategically placing our content in front of the right eyes, we aim to boost potential leads and secure deals, furthering our mission to connect and grow through quality content.

Our Approach at Marketing Insider Group

Over the years, we’ve really honed our methods to make sure we’re not only reaching audiences, but truly connecting with them.

Take our Nutanix Case Study for example: By combining authentic storytelling, human-centric content, multi-channel distribution, and content variety, content amplification helped our client achieve:

  • Explosive Reach. 47% YoY increase in monthly page views and a 167% rise in first time visits.
  • Podcast Popularity. 50% YoY increase in monthly podcast downloads.
  • Sky-High Engagement. 4-minute average visit duration, 4x the industry average.
  • Cost-Effective Promotion. CPC of $0.18, with 1.7% CTR far exceeds industry averages.
  • Brand Revitalization. Contributed to 20% of all new visitors on Nutanix.com.

screenshot of graph shows how content amplification performed as an effective content marketing strategy 

Let’s break down our approach:

When & What?

Consistency is key in the digital landscape. We prioritize daily promotion, ensuring that our content remains fresh and relevant in the minds of our audience.

But, it’s not just about frequency. It’s also about relevance.

Our interest profiles are created based on what users are viewing and interacting with online, coupled with demographic data. This helps us determine specifics like age, occupation, and other user details, ensuring our content is always targeted and timely.

Who?

Our focus is on interest profiles, targeting individuals who engage with content similar to ours. By understanding and targeting these profiles, we can ensure maximum engagement. After all, it’s one thing to reach an audience, but it’s another to truly resonate with them.

Where?

In the vast expanse of the web, contextual ad targeting is our compass. We aim to reach our audience “wherever they are,” which, for us, translates to a staggering 95% of publishers. This expansive reach ensures that our content finds its audience, regardless of where they choose to spend their time online.

How?

Optimization is at the heart of our approach. We keep our blog posts up to date and consistent, providing a steady stream of content for platforms like Zemanta to promote.

We also keep a close eye on metrics, adjusting our bids based on:

  • Ad performance
  • Identifying publishers that bring in the most engaged traffic
  • Setting up automated bids when certain thresholds are met

This dynamic approach ensures our campaigns are not only running, but continually refining and improving. Over time, this means better results without increasing costs.

Measurement, Reporting, and Optimization

In the digital marketing scene, data is a lot more than just numbers. It guides almost every step in the decision-making process.

At Marketing Insider Group, we’re firm believers in the power of informed decision-making. Here’s how we measure, report, and optimize our content amplification efforts:

Key Metrics That Matter

  • Clicks. It’s the first sign of engagement. We monitor how many users are clicking on our content to gauge initial interest.

screenshot of Zemanta results shows total CTR and Total Clicks

  • Engaged Visits. Beyond the first click, we want to know if users are truly engaging with our content. Are they spending time reading, watching, or interacting?
  • CPC (Cost Per Click). We always aim for cost-effectiveness. By monitoring CPC, we ensure we’re getting value for every dollar spent.
  • CTR (Click-Through Rate). This metric helps us understand the effectiveness of our content’s presentation. A high CTR indicates that our headlines and visuals are resonating.
  • Bounce Rate. We want visitors to explore further, not just land and leave. A lower bounce rate indicates that our content is compelling enough to keep users around.
  • Average Cost Per Engaged Visitor. This is a crucial metric for us. It averages out the cost of users who visit more than one page on our site. It’s a clear indicator of a user’s interest in our brand beyond their initial landing page. Our aim is to keep this below $7, and we’ve been thrilled to see it drop below $5 recently.

screenshot of Zemanta results shows total pageviews and time on site

Guiding Our Strategy

Data tells us what’s working and what needs tweaking. For example, if we notice a spike in engaged visits but a high bounce rate, it might indicate that while our content is attracting users, there’s something preventing them from exploring further.

Armed with this knowledge, we can make the necessary adjustments, ensuring our content not only attracts, but also retains.

Reporting

Transparency is key. We believe in keeping our clients in the loop, providing them with clear, concise, and actionable insights. From the metrics mentioned above to deeper dives into user behavior, our reports aim to provide a comprehensive view of our content amplification efforts.

Optimization

The digital landscape is ever-evolving, and so are our strategies. We don’t just set and forget.

Instead, we continually refine our approach based on the data we gather. Whether it’s tweaking our interest profiles, adjusting our ad bids, or experimenting with new content formats, we’re always on the lookout for ways to enhance our impact.

Why We Choose Zemanta for Content Amplification

Among the many digital marketing tools out there, Zemanta stands out, and for good reason.

At Marketing Insider Group, our choice to partner with Zemanta for content amplification wasn’t made on a whim. It was a decision rooted in experience, research, and proven results.

screenshot shows how MIG’s Zemanta results for all clients

Here’s why we trust Zemanta to elevate our content amplification efforts:

1. Impact on Search Rankings

One of the immediate benefits we’ve observed is the positive influence on search rankings. Our data reveals that even a modest amount of paid amplification through Zemanta can significantly boost search rankings for our articles. This is achieved by driving immediate traffic to our website, signaling search engines about the relevance and value of our content.

2. Beyond Traditional Platforms

While many companies lean heavily on social media or direct ad buys on media sites, we’ve found that not everyone engages with content in these spaces.

Zemanta fills this gap. It allows us to reach audiences in places where they are genuinely engaging with content, ensuring we’re not just broadcasting, but truly connecting.

3. Unparalleled Reach

Zemanta’s network is vast, covering approximately 95% of worldwide publisher audiences. This reach spans across numerous “native” platforms, ensuring our content is presented in context when our target audience is already engaging with similar content.

graphic shows reach of Zemanta

It’s about being in the right place at the right time, every time.

4. The Power of AI

Zemanta’s AI-driven optimization ensures our campaigns continually improve. We’ve witnessed firsthand how this technology increases engagement and CTR while simultaneously reducing CPCs. In essence, our campaigns become smarter and more efficient over time, delivering better results without inflating costs.

5. Cost-Effectiveness

Speaking of costs, it’s worth noting that Zemanta offers impressive value. Our tests across various platforms have consistently shown that Zemanta provides the lowest cost per engagement. In a world where every marketing dollar counts, this kind of efficiency is invaluable.

6. Contextual and Relevant

Zemanta’s approach ensures that our content is promoted in relevant contexts. It’s not about blanket promotions, but rather ensuring our content finds its audience in environments where it adds value and resonates.

How We Implement Content Amplification with Zemanta

Harnessing the power of Zemanta for content amplification requires a strategic approach. At MIG, we’ve developed a systematic process to ensure we maximize the potential of this powerful tool.

Here’s a glimpse into how we bring our content amplification strategies to life:

Step 1: Targeting and Configuration

  • Defining Our Audience. Every piece of content has a target audience, and we make sure it reaches them. We layer on interest profiles based on the content’s theme, combined with premium publisher filters. This ensures our content not only reaches a broad audience, but is also showcased on notable sites.
  • Desktop Focus. While mobile users are a significant portion of the online audience, our strategy leans towards desktop users. Why? They tend to be more engaged and intentional. Desktop users are less prone to accidental clicks and are often more committed when it comes to actions like signing up or making a purchase.
  • GA Site Data Integration. By integrating Google Analytics reports, we gain a deeper insight into post-click data. This allows us to understand visitor intention, time spent on the site, and which content truly resonates.

Step 2: Campaign Optimization Strategies

  • Budgeting. Every successful campaign starts with a clear budget. We allocate sufficient funds to ensure proper amplification. With a starting budget, typically around $500/month for 2 campaigns, we can ensure our ads receive the attention they deserve.
  • Site-Specific Strategies. Zemanta offers flexibility, allowing us to refine our reach. We utilize brand-safe whitelists, focusing on top-tier websites, and can even categorize by type (news, entertainment, etc.). If certain sites or categories don’t align with our brand, we exclude them. Additionally, we upload brand keywords, guiding Zemanta to seek content that matches these terms.
  • Content Variations and Retargeting. Diversity is key. We typically create 2-4 variations of headlines and images for each article, giving Zemanta a range to test and identify top performers. After a few days, the best variations emerge, and under-performers are phased out. We also establish audience pools, such as website visitors or blog readers, and use these for retargeting when we roll out follow-up content like Ebooks or webinars.

Our implementation strategy with Zemanta is both methodical and dynamic. We combine the tool’s powerful features with our expertise, ensuring that our content not only reaches its audience but truly makes an impact.

Campaign Performance

When it comes to digital marketing, the ability to track, analyze, and understand campaign performance is pivotal. At MIG, we meticulously monitor their journey, ensuring every piece of content achieves its maximum potential.

Here’s how we approach campaign performance:

Insightful Reporting

  • From Source to Visitor. Our reporting isn’t a mere data dump. We provide insights that span from media source to the cost per non-bounced visitor. It’s a holistic view that allows us to, and our clients, to understand not just where our audience is coming from, but how they’re engaging with our content once they arrive.

screenshot of Zemanta results shows total non-bounced visits and returning users

  • Monthly Snapshots. Consistency is key in reporting. We provide monthly snapshots, offering a regular, reliable insight into the performance of our campaigns. This ensures we, and our clients, can track progress, identify trends, and make data-driven decisions.

Shaping Future Strategies

  • Data-Driven Decisions. Every piece of data tells a story. Whether it’s a spike in engagement or a drop in clicks, we always explore why and how, ensuring our future strategies are informed by past performance.
  • Continuous Improvement. The digital world is ever-evolving, and so are our strategies. By keeping a close eye on campaign performance, we’re able to identify areas for improvement, ensuring our future campaigns are always a step ahead.

Transparent and Actionable Insights

  • Clear Communication. We believe in transparency and clear communication. Our insights are presented in a manner that’s not just data-rich, but also easy to understand.
  • Empowering Our Clients. It’s not just about providing data. It’s about providing actionable insights. We make sure our clients understand the data, empowering them to make informed decisions about their future strategies.

Tune In to the Power of Content Amplification Today with MIG!

As marketers, we’re constantly seeking ways to make sure our content doesn’t just exist, but rather thrives and resonates.

Our choice to use Zemanta is rooted in its ability to deliver targeted, efficient, and impactful content amplification. It’s a tool that aligns perfectly with our mission at Marketing Insider Group, ensuring that quality content reaches its deserving audience, every single time.

Are you ready to create the ultimate content experience? Check out our SEO Blog Writing Service or schedule a quick consultation to learn more about how Marketing Insider Group can help you earn more traffic and leads for your business.

cat and dog holding financial charts and dollars after investing in revenue marketing

Marketing bosses today have a big job. They need to help companies make more money, and they need to do it in ways that customers don’t find annoying. It’s a delicate balance, trying to catch their attention and win their trust, all while navigating the ever-changing digital landscape.

In the past, CMOs were the champions of brand awareness. Their main goal? Making sure everyone knew the company’s name and what it stood for. Billboards, TV commercials, and radio jingles were their playground.

But times have changed. Today’s CMOs have swapped out their megaphones for data dashboards. They’re diving deep into data, analyzing trends, and using all sorts of fancy tools to tailor their strategies.

In this post, we’ll explore the challenges and opportunities these changes present, and how the modern CMO is redefining the world of marketing.

Quick Takeaways

  • Modern CMOs utilize data analytics to craft strategies that resonate with customer behaviors, preferences, and trends.
  • With advanced digital tools, CMOs can track and optimize campaigns in real-time, leading to increased conversions.
  • Today’s marketing emphasizes a seamless customer experience, prioritizing both attraction and retention in a competitive landscape.
  • CMOs collaborate with departments like sales and IT to align marketing strategies with broader company goals, driving business growth.

The Modern CMO: Data-Driven Decision Making

The role of the CMO has seen a significant transformation. Gone are the days when marketing was just about catchy slogans and eye-catching billboards. Today’s CMOs are more like tech-savvy detectives, doing whatever it takes to uncover insights about their customers.

Here’s a closer look:

Data at the Forefront

Modern CMOs rely heavily on data analytics. They sift through mountains of data to understand customer behaviors, preferences, and trends.

This data-driven approach allows them to tailor marketing strategies that resonate with their target audience. The most effective content is the one that creates an emotional response and drives the human purchasing experience.

Embracing Technology

With so many digital tools available, CMOs are now equipped to track and measure the effectiveness of their campaigns in real-time. They use sophisticated tools to automate processes, segment their audience, and deliver personalized content, ultimately securing more conversions.

graphic shows conversion results with and without audience segmentation

Image Source: ConvertFlow

Customer-Centric Approach

Modern marketing is all about the customer. CMOs are now more focused on creating a seamless customer experience across various touchpoints.

They understand that in today’s competitive landscape, it’s not just about attracting customers but also about retaining them. Marketing should be about “making the customer the hero.”

Continuous Learning

The digital landscape is ever-evolving. To stay relevant, CMOs need to be on their toes, always ready to adapt and learn. They need to stay updated with the latest trends, technologies, and shifts in consumer behavior.

Collaboration

Modern CMOs understand the importance of collaboration. They work closely with other departments, especially sales and IT, to ensure that marketing strategies are aligned with the company’s overall objectives.

Greater Marketing Responsibility

On one hand, this puts a lot of pressure on marketers to focus on data and using new technologies to ensure they are getting solid results from their marketing campaigns. So much so that ROI is ranked as the #1 issue that’s keeping CMOs up at night.

graph shows that ROI is ranked as the #1 issue that’s keeping CMOs up at night

Image Source: Marketing Charts

It also forces CMOs to become deeply aware of the customer experience so our business is able to meet the customer at the omni-channel level. This is a difficult task, as the customer experience is evolving as fast as digital technologies and trends are changing.

The key to success is in being able to undergo a constant process of not just keeping up, but of staying ahead – even delivering what the customer wants before they even know they want it.

Even though this is true, only a small fraction of CMOs (8%) are successfully reviewing, auditing, and actively improving the way their brand interacts with their customer. We do the easy stuff: We buy ads. We splash our logo on a stadium, or a bus, or a golfers hat. We buy clicks on Facebook and Google. And then we high-five ourselves . . .

This gives leading marketers an advantage. Those of us who understand our buyers better than our best friend. Who initiate predictive engagements. And who are capable of utilizing data and new technology to improve our customers’ lives. (If this isn’t your mission, go home my friend! This Marketing thing ain’t for you.)

As an example, think of REI’s seamless integration of mobile and in-store shopping. Or the Starbucks reward card (LOVE), which can be reloaded by phone, website, in-store, or through the app, with all channels being updated in real-time.

starbucks reward card as example of revenue marketing

Image Source: Jasmine Jones

This means that I can load funds onto their card while waiting in line to order my coffee and the cashier will see the update when the purchase is made – giving us Starbucks coffee drinkers the convenience that we have come to expect along with our burnt caffeine.

…And Greater Marketing Power

Viewed from another angle, this evolution of the CMO gives us more power. We are driving real businesses results through the wealth of tools at our fingertips.

From educating consumers through informative blog posts, and attracting leads with expert SEO tactics, to connecting with customers through social media, and solving their problems through mobile apps – digital marketing offers marketers more ways to reach and engage with customers, and drive actual sales.

graphic shows many types of digital marketing used to drive sales

Image Source: Infidigit

This is the central reason that CEOs expect more from today’s CMOs. Marketing leaders are capable of doing more as a result of the digital era.

Marketers can learn more about customers through data, make better decisions, and direct businesses along the most strategic paths in order to seek revenue growth.

This also makes it more important than ever before for marketing teams to spend more time working with executive management to help build business strategies. Right now, only 16 percent of CMOs are doing this effectively.

The most successful teams are those that not only fully embrace digital strategies, but who are able to connect marketing with the entire organization.

Marketers have access to more insights about customer behaviors and market trends than ever before. Ian Ewart, Head of Products, Services, and Marketing at Coutts notes that “if marketing is not driving the change agenda, then either the agenda is wrong or the marketing is not being effective.”

Budgets Have Evolved as Well

The other elephant in the room that has contributed towards the way leadership views the role of marketing comes down to practicality. When the global recession occurred, and then dragged on, budgets had to be reduced.

We have been forced to find more intelligent ways to engage customers and to boost sales. Gone are the days of spending mega bucks on ridiculous ad campaigns and reporting on impressions.

These phenomena coincided with consumers becoming savvier in how we choose to spend our time and incomes.

The solution has been for marketers to focus more on ROI, having to spend more energy examining the impact of each marketing dollar, and to utilize technology to create more effective, and often less expensive, programs.

The Secret To CMO Revenue Growth

We Marketers will always be a creative bunch. Even with the greater pressure to create revenue growth, that doesn’t mean that those creative strengths are any less important than they ever were.

Liz Miller from the CMO Council explains how stepping up to the reality faced by CMOs today is more about evolving than letting go of the true heart of marketing,

“…our storytelling is now being applied in very different ways, such as translating the voice of the customer so we can shape the brand to resemble the values of our most profitable customers,” she says.

Focusing on customers = more profitable marketing outcomes.

graphic shows key components of customer centricity so businesses can see more profitable marketing outcomes

Image Source: SuperOfficeCRM

With this modern approach, CMOs are more than capable than ever of driving revenue growth.

The expectations are more dynamic today and yes, the pressure is on to produce results. For marketers who can apply their creativity, driving growth should be a piece of cake.

Easy, right?

Or, you can shop creative to an agency, buy some clicks, present all the impressions and reach you achieved. And watch the world pass you by.

Marketers need to speak truth to power. Put in the hard work of asking for the time it takes to build a customer-focused brand, and support it with business results the CEO wants to see…Or what?

Revenue Marketing: The Future of CMO Strategies

Revenue marketing is undeniably the driving force behind the modern CMO’s approach. As we’ve journeyed through the evolution of the CMO role, it’s clear that the blend of creativity and data-driven insights is pivotal in today’s marketing landscape.

The challenges are many, but the opportunities are vast. With a focus on genuine customer connections, understanding through data, and the agility to adapt, CMOs are doing a lot more than just promoting a brand. They’re leading the charge in revenue growth.

Ready to boost your revenue marketing game? Check out our SEO Blog Writing Service or schedule a quick consultation to learn more about how Marketing Insider Group can help you earn more traffic and leads for your business.

Not nearly enough advertisers use or even know about breakdowns…

They’re found by clicking the breakdown dropdown menu in between Columns and Reports in Ads Manager.

Breakdowns

There are six categories of breakdowns.

By Time:

  • Day
  • Week
  • 2 Weeks
  • Month

By Demographics:

  • Age
  • Gender
  • Age and Gender
  • Audience Type (for Advantage+ Shopping)

By Geography:

  • Country
  • Country and Audience Type (Advantage+ Shopping)
  • Region
  • Business Locations
  • DMA Region

By Delivery:

  • Placement
  • Platform
  • Time of Day (ad account time zone)
  • Time of Day (viewer’s time zone)
  • Impression Device
  • Platform and Device
  • Placement and Device
  • Media Type
  • Product ID

By Action:

  • Conversion Device
  • Carousel Card
  • Destination
  • Post Reaction Type
  • Brand
  • Category
  • Video Sound
  • Video View Type

By Dynamic Creative Element (from the ad view only):

  • Image, Video, and Slideshow
  • Text
  • Headline (ad settings)
  • Description
  • Call to Action
  • Website URL

When you use one of these breakdowns, Meta will create a separate row for each breakdown element. For example, when breaking down by placement, you get a separate row for each placement to see how budget, impressions, and performance break down.

Meta Ads Breakdown by Placement

Go ahead and poke around breakdowns if you haven’t already. They can uncover some valuable info.

The post Using Breakdowns appeared first on Jon Loomer Digital.

Did you miss our previous article…
https://www.sydneysocialmediaservices.com/?p=9099

a dog shopping online

People today don’t shop like they used to.

Over the past few years, at varied paces in different regions around the world, on account of significant events like the pandemic, ecommerce and mobile shopping have experienced radical growth, shifting retailers’ focus (rightfully so) on improving digital user experiences. Those experiences, however, are still inherently limited.

Consumers want the in-store benefits of seeing, touching and feeling products, and to do so surrounded by fellow brand loyalists. All of this results in the reality that today’s shoppers truly live in both online and offline environments.

So what does this mean for retailers? To get ahead, they need to sync their digital and physical environments seamlessly, creating one, cohesive brand experience. Key innovators in the retail space have already embraced this trend, and we’ll examine their key strategies here.

But first,

Why Content Marketing Works for Ecommerce Brands

Content marketing is consistently publishing relevant content that audiences want to consume. It helps you to reach, engage and convert new customers. Among a variety of benefits it provides, here’s a few:

SEO & brand authority

If you create helpful content and web pages, your SEO and Google authority will improve. You’re opening the floodgates to compounding results over time.

Relationship building & trust

You want to meet your customers at each stage of the buyer journey. Think of your own buying habits and brand loyalty.

Sometimes, trust alone can be powerful enough to drive sales and repeat business. But go the extra mile now so that your content marketing machine can work while you sleep!

Increased leads & conversions

You have to lay the groundwork of a content marketing strategy and keep at it. Soon, you’ll be sharing the success with your customers.

A 5-step Content Marketing Plan for Ecommerce Retailers

Step 1: Identify your target audience (and reassess)

Even if you’ve got some semblance of buyer personas, be sure you know them well. Know their pain points, understand their expectations.

Take a store like Lowe’s, for example: An amateur handyman comes in to find materials to fix a leak in his bathroom. Shortly after, a contractor is looking to fix a commercial building’s pipes. Same store, completely different needs.

Be the company that your customer needs when they need it.

Step 2: Learn how your audience consumes content

Do you think either handyman is on Facebook looking for expert advice? Too much Will Smith and Chris Rock drama over there and not enough time.

They may be on Youtube to check out how-to videos or on Google for a quick listicle of the supplies they’ll need.

Be where your audience is.

Step 3: Research and ideate your content

Try going the DIY route to brainstorm ideas with your team. But keep in mind, it’s one thing to identify a strong idea, and another thing entirely to execute it well.

You’re bound to come up with a page or 2 of pure gold, but make sure it sees the light of day by implementing a content plan.

Step 4: Consider the stage of the buyer’s journey

Know the difference between a warm lead and a cold one. And nurture them as best as you can! You can read up on the different stages of the buyer journey and recommended approaches to securing each.

Step 5: Measure results

Assess your results from past efforts. And be sure to apply the appropriate metric to each content type

We use SEMRush to measure our results. They have a helpful cheat sheet on which metrics matter for your situation.

Metrics to track marketing success

Image source: SEMRush

We’ll talk more about content types later! But remember, you don’t have to be everywhere at once.

Best Practices for Ecommerce Content Marketing

You may not be ready to invest in a content marketing strategy yet. But there’s still plenty of ways to take action right away.

Understand your audience

Again, retail ecommerce brands have the unique option of being able to create unique content without having to rely heavily on technicalities or scientifically proven facts. However, this does not mean that ecommerce brands should just make the kind of content they think their audience will appreciate. Understanding the details of your customers’ preferences and desires is just as important to keep in mind.

According to Sprout Social’s report, the types of content that customers want to see are honest, friendly, helpful, and humorous messages. However, it should also be noted that consumers tend to find it annoying when brands are too casual, use inappropriate humor, or try to connect to “younger” audiences with slang and GIFs.

Before you launch into a content campaign, be sure that your team truly understands who the audience is. In order to understand what kind of content is actually going to provide them with something of value, you will need to answer questions like:

  • What issues are most important to your customers?
  • What questions do they have?
  • What do they want to know most about your business/product/industry?

Start by researching your audience through analysis and create the content around the answers they are seeking.

Create a content hub

Blogs are usually the starting point for a content hub, but there’s no limit. You can repurpose every piece of content you’ve ever made.

But you need a plan to promote your e-commerce business with content marketing.

Why should you consider building a content hub for your e-commerce business?

  • Emphasizes thought leadership in key areas of your business
  • Provides easy navigation and targeted engagement for your site’s visitors
  • Puts your content to good use

Below is a condensed guide to building your content hub:

  • Determine goals
  • Know your audience & what works
  • Audit existing content
  • Define architecture
  • Ideate
  • Create a Content Roadmap and Management Systems
  • Write Well and Optimize
  • Promote
  • Measure & Improve

Use stunning product photography

Appearance matters in your industry, but you already knew this! Wonder why your competitors are out-performing you left and right? Pay close attention to the full visual experience of other e-commerce brands.

When you shop online, notice the consistency and seamlessness you’re experiencing. Or take note of the pitfalls and inconveniences.

Take a clothing store for example. We can all appreciate beautiful product images. A model wearing the jeans you want gives you an idea of how they may lay on your body.

Ladies – how about the videos of a woman moving back and forth in a dress, its skirt flowing with her movements.

Your customers want to envision your product on themselves, in their homes or in their lives.

Prove your subject matter expertise

There are a billion ways to prove your expertise. Even fun ones! We’ll give you a few and leave you to find the rest 😉

Videos

  • How-to use your product
  • How you make your product
  • Customer raves or success stories
  • Insider tips on effective use and benefits
  • Founding story
  • Behind-the-scenes

Landing pages

  • Glossary terms or articles (for the technical)
  • Frequently asked questions
  • Ingredients or materials used
  • Gift guides
  • Ebooks
  • Infographics

Make sure your website is optimized for search

Beyond establishing brand recognition, ecommerce content marketing is heavily focused on building up a library of keywords for organic search results. However, if your website itself is not optimized for SEO, your content efforts will not make as big of an impact as they could.

Google uses AI technology to qualify websites and keywords and match it up to users’ organic searches. Although Google remains quite secretive about all the ins and outs of their technology, studies have determined the various components that are taken into consideration when ranking results.

As you can see, the trust authority of the host domain is the most important factor in ranking, closely followed by keyword frequency. This is why choosing a SEO focused ecommerce platform is a smarter choice for retail brands who want to be heavily content-focused.

Different hosting services offer special features for optimization, such as custom links, meta descriptions, H1 headings, and image alt tags to strengthen keyword visibility and help your site’s rankings. Be sure to take these features into consideration and go with a platform that will give your content the most bang for its buck in terms of SEO.

Use multiple media

Create a more unique content experience by incorporating multiple content forms that allow customers to engage however they choose. According to research from HubSpot, customers are far more likely to consume video content and social media posts thoroughly, while they tend to skim or partly engage with blog posts, podcasts, and interactive tools. This doesn’t mean that brands should skip this sort of content entirely; however, brands should be aware of which types of content will have a bigger impact.

Customers also prefer to see content that carries a message that is bigger than the brand itself. According to Adobe’s Consumer Content survey, customers were more likely to share branded content if it raised awareness for a good cause or was informative rather than promotional.

Take the online clothing company Finisterre as an example. While their content prominently displays their products, it is focused on their commitment to environmental sustainability and ethical fashion, rather than just pushing their brand. This creates an emotional purpose to their content, resulting in a stronger connection that leads to shares, purchases, and loyalty.

Use UGC as much as possible

User generated content (UGC) is incredibly powerful for retail brands because it provides new customers with authentic content they can trust. In fact, 85% of online shoppers trust online reviews just as much as they would a personal recommendation and 88% purposely seek out UGC before making a purchase.

User-generated content (UGC) combines your company’s word with social proof. We’re more inclined to trust a real person’s experience with a product than we are a company’s advertising. Your loyal customers would love to spread the word about your product. If you don’t have the funds for an influencer marketing campaign, you can still tap into your fans.

Ecommerce retailers can make their content more UGC-focused by incorporating customer reviews into their marketing strategies. For example, product pages can feature customer testimonials and ratings so people can easily find reliable feedback on the product.

Another way to build UGC into your marketing is by using visual content that comes directly from customers. Some review management programs will automatically track brand mentions and collect UGC social posts so that brands can post them directly on their product pages. Your marketing team can manually track these as well with branded hashtags. If you do start to include UGC visual content, be sure that you use image tags for each of these as well to help your keyword optimization, especially when customers are searching specifically for product pictures.

Terakeet provides a helpful list on how to encourage UGC:

List of ways to encourage your customers to create user-generated content

Tell stories

Content in 2023 and beyond will be heavily focused on storytelling. As an e-commerce business owner, it’s your job to figure out what kind of stories you can collect and share with your audience.

To find the right storytelling angle, ask yourself these questions:

  • Who are my customers?
  • What do they do in their free time?
  • How do our products help them?
  • Why do we do what we do?
  • Why should anyone care?
  • What message are we trying to send through the stories we tell?

Lean into categories that matter to you and your customers. And keep your eyes peeled for opportunities to share meaningful stories.

Make a list of potential partners you could work with

Think about who you know and who you want to know. Make a list of partners and people you could leverage to reach new audiences and grow your business.

Some partners could help promote your content, others could collaborate with you on products.

Once you have that list completed, create a second list of dream partners that you’d love to work with at some point. Celebrities, industry influencers and other brands that you admire.

With both lists in hand, spend the next few months reaching out to people and making connections. Approach each person with confidence and purpose. Make it make sense!

Embrace a movement

Consumers are crazy about social entrepreneurship. They seek out companies and brands who are working to support causes they care about.

Try to find a cause, nonprofit, or movement you can align with. Create content that promotes your commitment to the cause while spreading your mission.

But be sure you relate your statements back to your company. You don’t want to come off as performative!

Hire content marketing agencies that know what they are doing

Start by looking at how well the content marketing agency is able to show you their own results. Do they rank #1 for important search terms? Are they led by someone who has been in your shoes – a real marketing insider?

Let your product pages do the selling

You should use your blog to educate and nurture your relationships with customers and prospects. Don’t use it as a place to sell.

Your site visitors will know how to find the products – if they want to. You want to help them achieve their goals. And I can guarantee their goal is not to *try this amazing product that will change lives.* Yawn. That’s tacky and you’re better than that.

Create one amazing piece of content and see how your audience responds

Start small. Come up with one fantastic idea and execute it. Put more time and resources into this project than all your others. And then let your audience respond.

If you get strong feedback and engagement, consider creating more content like it.

Some examples of amazing content you could produce (that need to tell a story):

  • A well-produced video
  • A big interview with a customer or influencer
  • A photo series
  • An ebook
  • An email series
  • A landing page full of actionable tips and best practices

Stop doing the stuff that doesn’t work anymore

Don’t create blog posts only because that’s what you’ve always done. Think about the amount of time, energy and money you put into your content marketing efforts. If you’re not seeing traction on the type of content you’re creating, try something else.

Set goals and measure everything

If you haven’t paid much attention to the performance of your content, it’s time to start. Engagement metrics like share, likes and comments are great to keep track of, but they don’t tell the full story.

You need to know how many people are viewing your content, where they are coming from and where they go next. Set aggressive goals. Assess your failures and successes. And make changes to your strategy on an ongoing basis.

Ecommerce Brands That Excel at Content Marketing

What do these content marketing efforts look like when they are put into practice? It’s helpful to see what some of the most innovative brands are doing right now to set themselves apart. Pay attention to the brands that you think are doing a fantastic job with content. Take notes about what you like and don’t like. Borrow ideas and tactics and apply them to your own content strategy.

Here are a few examples to show you what content marketing for ecommerce should look like today:

YETI goes beyond the blog post

YETI made a big push to create compelling stories that align with the values and interests of their target audience. Instead of creating tired, cheesy content about coolers, they create amazing packages made up of journalism-style writing and rich visuals.

They’ve tossed the idea of doing the mainstream e-commerce blog post. Instead, they create content that they know their audience enjoys. You probably won’t even notice the product placements within these videos unless you look with binoculars.

S’well supports causes and builds partnerships

S’well is operating in a particularly competitive product category – trendy, reusable water containers. Nevertheless they’ve been able to gain traction by securing mutually-beneficial partnerships with designers. They’ve teamed up with nonprofits to support specific causes their audience loves.

S'well partners with design companies to mutually benefit and spread awareness

Images Source

Warby Parker delivers tailored, relevant content

“The public and your customers are participating more and near dictating what your brand is. You need to give people the tools to have it the way you want them to have it.” – Neil Blumenthal, Co-Founder and Co-CEO of Warby Parker.

Delivering tailored, relevant content allows your customers to create the unique experience they want to have with your brand. For Warby Parker, customization is at the core of almost all its content. Interactive tools and surveys give customers quick, unique and highly shareable results, boosting engagement for the brand. Themed reading guides provide useful book suggestions and nation-wide traveling campaign engaged customers and local businesses throughout the country, letting them know when the brand would be in their local areas. Social campaigns, such as the #warbyparkerhometryon pulls in user-generated content from customers sharing their eyewear options and provides personalized feedback for every participant, boosting the customer’s confidence in his or her purchase.

jcrewstylesessions.jpg

West Elm inspires visitors with content

West Elm, the luxury furniture brand, is a strong example of a company that knows their customers well. Anyone shopping on their site is ready to make an investment in a beautiful piece of furniture. So they lure you in by building different versions of your dream space to make you cave.

West Elm's content hub to help guide their e-commerce website

Kiehl’s uses content pillars to organize content

Kiehl’s, a skincare brand, realized that the use of content pillars (AKA topic clusters) is the ideal way to structure your blog/site to be visible to Google. We even do it ourselves! But it’s even more helpful for e-commerce businesses like you.

Kiehl's blog page is organized for ease of use and optimizations for content marketing

On their blog page, Kiehl’s features categories such as skincare, hair and even gifting guides. They used customers’ buying patterns to inform them on the needs of future customers.

Beardbrand works with key influencers

Beardbrand is another e-commerce company attempting to captivate a pretty specific and niche audience: beard growers. To connect with their target customer, they’ve focused on education from the beginning. But instead of creating all the content themselves, they’re working with other well-known beard influencers to share tips about beard growth.

The products used in their styling & grooming videos are their own, but they spend hardly any amount of time promoting them. Instead, they focus on providing value. Beardbrand also utilizes email as a way to promote content and boost loyalty among its current and future customers.

Beardbrand uses partnerships with other companies to provide educational value in their content marketing efforts

Image Source

Harry’s runs an editorial magazine

Harry’s targets a similar audience to Beardbrand, but they approach their content differently. They launched a digital editorial magazine called Five O’Clock that provides customers with tips about grooming, wellness, productivity and more. Most of the content tells a story, as illustrated in this example below from one of the Harry’s co-founders.

Harry's creates an editorial magazine to spread awareness and help to their audience

Herschel Supply connects through experiences

Instead of focusing solely on creating content that features or promotes their backpacks, Herschel sells their audience on experience and adventure.

They publish rich photo features on their blog that take website visitors to different parts of the world. Although you can find at least one product included in the feature, it’s clearly not the focus or purpose of the content, as you can see in the example below.

This feature was taking visitors through a local exploration and tour of Montreal. If you look closely, you’ll notice that the bag being carried by the man in the second photo is a Herschel bag, and if you look even closer, you’ll see a link to the product page for that page below the photo. Very discreet, and not at all forceful.

Herschel creates content to entice adventure and experience in their content marketing efforts

J. Crew syncs online and offline communities

Like many fashion retailers, J. Crew has had great success in creating devoted online and offline communities of brand loyalists (specifically preppy-chic aficionados). What sets J. Crew apart, however, is how they managed to sync these two together.

After realizing its Instagram followers had created over 30 hashtags to share their J. Crew looks and style, the brand decided to expand the conversation offline into their stores. J. Crew invited its fans and local bloggers into retail locations, offering sneak peeks at new collections and styling tips from their own stylists. Customers were encouraged to snap selfies for social media with #JCrewStyleSessions for a chance to be featured in upcoming style guides, and bring the in-store experience full-circle back to the online community. The beneficial experience for customers surrounded by colorful clothing racks of purchase temptation, and extension back to social networks proved to be a home run for the brand.

nm app.png

Neiman Marcus bridges online and in-store experiences

“Our goal is to increase our interaction with our customers. Our customers are always interested in learning more about products as well as shopping.”

– Wanda Geirhart, Chief Marketing Officer, Neiman Marcus Group

According to CMO.com, 84% of US smartphone shoppers use their phones to assist them in their shopping while in physical stores. In 2014 Neiman Marcus led this trend by launching its mobile app, NM App.

This sleek technology gives Neimans’ customers an end-to-end, seamless brand experience, all at their fingertips. Within the app, customers can customize their shopping experience with customer service preferences (if they prefer browse first or be greeted by a sales associate right away), the ability to message and schedule appointments with associates, bookmark favorite products, and scan QR codes for exclusive content. Content on events, fashion and beauty trends, art and culture videos from the Neiman Marcus’ The Book and blog are also accessible directly within the app. All of this information is available to associates as well, helping them improve their customized recommendations for customers.

Bottom line? The retail industry is always evolving. Leading retailers know tying online and offline experiences with content will be key. Delivering tailored content, syncing online and offline communities with phygital marketing, and bridging these experiences with mobile are the three fundamental strategies they are leveraging to do so.

How Retailers Use Content to Tie Online and Offline Experiences

Content Marketing Isn’t Meant to Be Easy

If it were easy, everyone would be doing it.

Today, content marketing success includes:

  • Telling stories, sharing experiences, and being more transparent
  • Focusing more on quality and actual value, as opposed to quantity or output
  • Hiring skilled agencies to create compelling stories and epic content resources
  • Focusing more on developing authentic relationships
  • Nurturing relationships with prospective customers
  • Focusing less on product promotion, and more on helping people
  • Being hyper-focused when it comes to measuring performance and success

In the past, you might have been able to get real ROI from lazily publishing 500-word articles on your blog week after week, but it’s not enough anymore. Content marketing for ecommerce is getting much more competitive, and in order to continue seeing any sort of ROI from it, you have to be willing to do more.

And that mainly comes in the form or being smarter upfront by analyzing what has worked on the other side of the publish button.

Marketing Insider Group has the experience and resources that can support you. Our team of writers and SEO experts can deliver you optimized, ready-to-publish content every week for one year (or more!).

Check out our SEO Blog Writing Service or schedule a quick consultation to learn more!

I’ve been fortunate enough to be in the content world for just over a decade. 

I may have gotten my start in social, but I know what fed the machine. 

In that time, I had never been to Content Marketing World. Fortunately, thanks to my employer, NetLine, being a sponsor (and sister company) of the event, I made the trip down to DC. 

The shift from its traditional Cleveland venue seemed symbolic: Just as the venue changed, so, too, has the content landscape.

The Evolving Content Universe

“Content is changing.” 

It’s an oft-repeated statement, but this time, it feels quite real. Perhaps more so than ever. 

With this in mind, I wanted to share some of my observations and takeaways from the event.

My Greatest Takeaways from Content Marketing World 2023

The Monday after returning home, my boss asked me a simple question:

What were your biggest takeaways from the conference?

Sure, I had thought about it but I took a beat to consider my answer.

After a few seconds, one word came to mind: Resonance.

The Future of Content Requires Resonance

Resonance. It’s the one word I think of when I reflect on my personal experience with this event.

As the kids say, you need to be a vibe, meaning that in order to cut through the noise, your messaging needs to be on the same wavelength.

I’ll touch on this throughout, but it’s important to say that this idea in content marketing, let alone marketing, isn’t new.

It’s simply a greater point of discussion because of how much noise we have in our world.

You’ll better understand why resonance is such a major focus of B2B content marketing once we address one of the largest variables in our lifetime: Artificial intelligence

The AI Revolution

On my way to DC, curiosity got the best of me. 

I decided to count the number of sessions at CMW23 that had something to do with AI.

In total, a staggering 94 sessions touched on it in one way, shape, or form.

On top of this, many of the sessions that weren’t labeled as being related to AI referred to it at different points. 

The reason so many of these sessions touched on artificial intelligence hinges on being heard.

Heck, why does content marketing even exist if not for this very reason?

AI is Omnipresent

Artificial intelligence, specifically generative AI, is revolutionizing how we all work.

(I’d be lying if I said I didn’t use AI to help me expedite the writing of this article. ChatGPT helped me reorganize my thoughts to make editing easier.)

The tools we have today are unparalleled in history. Their evolution promises even more capabilities. 

The challenge? Harnessing them effectively to resonate with our audiences.

AI’s Limitations

Despite the multitude of sessions on AI tools and applications, a consistent theme emerged: AI isn’t the silver bullet. 

Keynote speakers like Elizabeth Banks, Ann Handley, and Andrew Davies echoed this sentiment, emphasizing the irreplaceable human element. Even in an AI-driven world, these sessions underscored the need for authenticity and uniqueness.

Jay Acunzo’s session highlighted the contrast between AI’s large language models and humans’ little life moments. 

The takeaway? Our uniqueness lies in our stories.

Seeking Resonance in a Digital World

Resonating with audiences is a universal struggle. 

The quest for best practices often overshadows the need to connect on a human level. 

For instance, our strategy at NetLine during Content Marketing World was designed to attract and engage. (Shout-out to the C&C team who stopped by our booth [aka The Space Bar] during our Wednesday happy hour!)

But beyond the initial attraction, how do we ensure our message leaves a lasting impact?

The answer isn’t ubiquitous, but it does demand unique ideas and approaches. For NetLine, we aimed to achieve an event experience that matched both our branding and messaging.

Quite a bit of work went into it (much of which was not my doing) and we continue to see the investment pay dividends.

The Resurgence of Search

Beyond AI, search was a dominant theme. At least, it was one that stuck out to me.

While there may not have been a great number of sessions on the search its impact was significant. 

With the anticipated changes AI will bring to every element of marketing, search is one of the disciplines many expect to be impacted immediately. Knowing this, I made a point to attend a few key sessions.

Impactful Insights from Orbit Media

Andy Crestodina’s session was a standout. 

Since generative AI has become part of the marketing lexicon, many have asked how specific the tool can be. Before ChatGPT 4 (aka the paid version) was made available, the results were quite generic.

But in the hands of a marketing master like Andy, we were given a look into what’s possible.

He delved deep into how the use of AI revolutionized his company’s SEO strategy. 

The transformation of complex, manual work into a streamlined process was awe-inspiring.

His session captivated everyone’s attention for the full 40 minutes. Those taking notes were nervous to look down at their device or notebook, lest they miss another of Andy’s nuggets of gold.

Throughout, Andy continued to stress the importance of not spinning your wheels with keywords and phrases that you’ll never rank for. Instead, he implored everyone to pursue the ones that were within reach.

This is something many struggle with. Essentially, Andy hopes none of us waste any more time, budget, or energy on things that have long passed us by. 

“What would you do with 20% greater productivity?” Andy said. “This is a moment in time where we should think about what we would do with (the time savings thanks to) greater productivity.”

Using his approach, which he shared via the YouTube video above, we can all save ourselves the headaches of SEO senselessness (and live life a little bit fuller).


What would you do with 20% greater productivity?
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Anticipating Google’s 2024 Changes

The looming changes from Google, including cookie tracking deprecation and Search Generative Experience, are likely fueling a renewed interest in search.

This was something Andy Crestodina addressed during his session’s Q&A, as well.

Essentially, he believes, like others, that this update will significantly diminish website traffic, despite Google linking back to original publishers.

However, he also expects that the overall experience for users will improve, making it easier for brands to focus on the core issues they solve for their ICP.   

Search’s Star Power 

Andy wasn’t the only SEO VIP to take the stage.

Lee Oden’s session on search intent was a testament to its significance. Packed to capacity, Lee’s session demonstrated the combination of star power and genuine interest in the topic.

NetLine worked with TopRank for an influencer campaign earlier this year as we launched INTENTIVE, B2B’s first and only buyer-level intent platform. I spoke with Lee briefly before his session and he mentioned it was his first time speaking on search specifically in quite a while.

Having been in the audience, no one in the crowd would have guessed this. Well done, Lee!

Intent Was Overlooked

Speaking of intent, surprisingly, intent seemed underrepresented. 

“Hey, Jon, if NetLine has an intent platform, why didn’t you talk about intent?”

That certainly is a fair note, dear reader. However, being that our platform is a newborn, we’d like to see it get its first steps in before we let its results and findings fly in front of our peers. 

But that will come in 2024.

Anyway—content marketing’s effectiveness and cost-efficiency are undeniable. Yet, the focus on attracting new prospects overshadowed the importance of understanding whether or not you expect them to become a customer. 

This is bound to shift in coming years. 

Knowing your potential buyer eliminates guesswork, letting marketers piece together the buyer’s journey seamlessly.

Imagine, for a moment, that you actually knew precisely WHO your buyer was and what they wanted to hear from you?

What if you then took all of the first-party information you had on these buyers and leveraged AI to accelerate the sales outcomes every marketing department is ultimately chasing?

These are the opportunities ahead of all of us thanks to buyer-level intent data.

Wrapping Up

Content Marketing World 2023 was an enlightening experience. 

From engaging sessions to insightful booth discussions, it was a melting pot of ideas and perspectives. 

As we anticipate the next edition in 2024, the lessons from this year will undoubtedly shape our strategies, ensuring we navigate away from the B2B black hole and into clearer, more impactful content horizons.

The post 3 Key Takeaways From Content Marketing World 2023 appeared first on Convince & Convert.

In the ever-evolving realm of social media, where platforms are both arenas for branding battles and hubs for community conversations, Twitter’s transformation into ‘X’ has become a fascinating study in corporate identity evolution. This was mentioned during the Social Pros Unfiltered episode by Sunny Hunt, Strategist at Convince and Convert, and really got me thinking about its implications and lessons.

This significant shift has created waves in the industry, sparking lively discussions among marketers, branding gurus, and everyday users. A recent Pew Research Center survey shows a split in opinion – 42% in favor, 38% against, and 20% undecided – making ‘X’s journey an interesting topic for analysis.

The rebranding of a social media titan such as Twitter isn’t just a cosmetic alteration; it’s a strategic overhaul that seeks to redefine the platform’s essence. For ‘X’, it signifies a move towards what many believe to be an ambitious, if not enigmatic, new era. 

But amidst these bold moves, an important question arises: How do we navigate the complexities of such a major shift in social media identity?


Were you in favor of X's rebrand of Twitter?
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The Rebranding Quandary: Twitter’s Transition to X

When a well-known brand like Twitter rebrands, it’s not just a new look; it’s a complete repositioning of its identity. ‘X’ is more than a fresh name; it’s a pledge for a new direction, a huge task in changing public perception and user habits.

Sunny mentioned on Social Pros Unfiltered that the rebrand seemed less like a strategic move and more of a lesson in the risks of rebranding without clear direction and execution.

Elon Musk Twitter rebrand

Understanding the ‘Why’ Behind Rebranding

A successful rebrand hinges on understanding the ‘why.’ Before even considering a rebrand, companies must ask themselves: What do we hope to achieve? Is it to refresh the image, reach a new audience, or signify a major shift in direction? For X, the reasons behind the rebranding are lengthy yet still opaque, leading to confusion and skepticism amongst half of its user base.

Reasons for the rebrand from X’s perspective are:

  1. Elon Musk’s ambition to create a new identity for the platform formerly known as Twitter in an attempt to make it an “everything app”.
  2. “Twitter” as a name was no longer accurate with it formerly being a platform for short, 140-character messages. “X” is more open-ended and allows for the evolution of users to post longer messages, images, videos and live streams.
  3. Musk wanted to put his own stamp on Twitter. He wants Twitter to be more transparent and accountable to its users.

Execution is Key

In marketing, we often face sudden shifts like those with Threads, ChatGPT, and Google Analytics 4. Some come without warning, while others give time to prepare.

The execution of ‘X’s rebrand seemed rushed and unplanned. A successful rebrand should be methodical, covering everything from domain acquisition to trademarking. Sunny’s critique pointed out these missing elements in X’s approach.

Additionally, not adequately educating users on the rebrand’s significance led to a disconnect, which could have been eased with a stronger communication strategy.

Consistency Across All Touchpoints

A rebrand isn’t complete without a consistent rollout across all touchpoints. From the user interface to marketing materials, everything should mirror the new identity. This helps in building recognition and reinforces the rebrand, something ‘X’ could have better utilized.

A more gradual introduction would have eased users into the new branding and features.

User-Centric Approach

The user base is a brand’s most valuable asset, and any rebranding effort should put their experience at the forefront. X’s rebrand could have benefited from a more user-centric approach, actively involving the community in the transition and ensuring the changes resonated positively with them.

Gathering user feedback pre-launch could have identified and addressed potential issues with the rebrand. Did other marketers also ponder the UX and accessibility implications of using “X” as the close button in some browsers? We did too.

Leveraging Data and Feedback

In today’s social media world, immediate user feedback and data are invaluable. Used wisely, they can greatly inform rebranding strategies, aligning them with user expectations and behaviors. ‘X’ showed how overlooking this resource can be a pitfall.

If ‘X’ had utilized data and feedback, they could have identified:

  • Strengths and weaknesses of the current brand.
  • User reactions to the new name and brand.
  • Confusions or issues with the rebrand.
  • Current trends and opportunities with users.

A Clear Narrative

A compelling narrative is key in rebranding. What story does the new brand tell, and how does it align with the company’s vision and user needs?

While still developing, ‘X’s narrative focuses on innovation and disruption. Musk’s vision of ‘X’ as “the everything app” and a platform for open and free speech is evident, though the articulation of this narrative left users more puzzled than engaged.

Maintaining Brand Equity

For a platform like Twitter, now ‘X’, there’s immense built-up brand equity. A rebrand should build on this equity, not discard it. It’s about evolving, bringing users along, and maintaining core values while introducing new, progressive elements.

Twitter to X logo evolution
Credit: Reddit

The Role of Market Research

Extensive market research should precede any rebrand. Understanding the competitive landscape, audience sentiment, and social climate is crucial. ‘X’ seems to have missed this stage, leading to a rebrand that felt disconnected from wider social conversations.

The rebrand came at a time of heightened public concern about misinformation on social media. Musk’s vision for a more open platform raised fears of increased misinformation and disinformation. The ‘X’ name also appeared elitist to some, disconnecting from the average user.

Post-Rebranding Strategy

Finally, rebranding is not the end but the beginning of a new chapter. It requires a comprehensive post-rebranding strategy that includes monitoring, tweaking, and continual engagement with users. Xs trajectory post-rebrand will be telling of how well they understand and implement this.

For brands considering a rebrand, the case of X underscores the importance of strategic planning, clear communication, and user engagement. In a domain where your users are your most vocal critics and advocates, the act of rebranding should be as collaborative as it is strategic. X stands as a testament to the weight of a name and the complexities it carries—a lesson for all in the realm of social media branding.

As we continue to watch the evolution of X, let’s take the insights from this podcast episode and apply them to our own practices. Whether you’re a social media manager, a brand strategist, or a marketer, the rebranding of X teaches us that in the world of social media, change is the only constant, but how we manage that change can make all the difference.

Don’t forget to listen to:

Social Pros Unfiltered: National Podcast Day Special

The post Rebranding Lessons from X: Navigating the Complexities of Social Media Identity Shifts appeared first on Convince & Convert.

Did you miss our previous article…
https://www.sydneysocialmediaservices.com/?p=9061

Fortifying Profits: Strategies to Shield Your Business from Embezzlement written by John Jantsch read more at Duct Tape Marketing

The Duct Tape Marketing Podcast with John Janstch

In this episode of the Duct Tape Marketing Podcast, I interviewed Todd Rammler, president and founder of Michigan CFO Associates. A firm offering outsourced Chief Financial Officer services to small-business owners. With his extensive experience in financial management, Todd is a leading expert in implementing strategies to protect small businesses from embezzlement while enhancing their profitability.

Key Takeaways:

Amidst the challenging landscape of small business finances, Todd Rammler sheds light on the critical issue of embezzlement. He emphasized the common ways small businesses fall victim to financial misconduct and highlighted the importance of preemptive measures to safeguard against such risks.

During our conversation, Todd outlined the fundamental strategies businesses can employ to fortify their financial foundations. He stressed the significance of employee dishonesty insurance as a protective layer against potential embezzlement, a critical step often overlooked by many small businesses.

Moreover, Todd underlined the necessity of maintaining strict internal controls, such as segregation of duties, even in small business settings. These measures, while challenging to implement in smaller organizations, are pivotal in minimizing vulnerabilities to financial misconduct. His insights on the proactive steps to prevent embezzlement and strengthen financial structures serve as a guide for businesses aiming to protect their bottom line.

If you’re seeking practical strategies to shield your small business from the risks of embezzlement while fortifying your profits, this episode is a must-listen. Todd Rammler’s expertise promises to redefine your approach to safeguarding your finances as your business grows.

Questions I ask Todd Rammler:

  • [00:45] How do small businesses commonly fall victim to embezzlement?
  • [01:49] Is it a common practice in small businesses to entrust all control to one individual?
  • [02:18] What practices should and should not be employed to safeguard against embezzlement?
  • [03:08] What is employee dishonesty insurance?
  • [04:25] How do you ensure employees do not feel distrusted when internal controls are implemented?
  • [06:10] Can a stop gap measure like hiring an external CFO act as a deterrent to embezzlement?
  • [08:29] Is investing in cybersecurity a proactive approach to protect against potential disasters?
  • [11:45] What approach do you take in the initial 30 days as a fractional CFO for a small business?
  • [13:24] How do you address the resistance of small businesses who are hesitant to adopt this financial strategy?
  • [14:37] How do you effectively convey the importance of profitability to small businesses?
  • [16:22]What guidelines do you have concerning labor and productivity costs?
  • [17:55] Could you outline what a typical engagement entails when hiring a fractional CMO?
  • [19:55] Where can individuals connect with you to explore more about your work?

More About Todd Rammler:

  • Make better financial decisions with Michigan CFO Associates
  • Free Worksheets on segregation of duties for financial success
  • Connect with Todd on LinkedIn

Get Your Free AI Prompts To Build A Marketing Strategy:

  • Download now

Like this show? Click on over and give us a review on iTunes, please!

Connect with John Jantsch on LinkedIn

This episode of The Duct Tape Marketing Podcast is brought to you by ActiveCampaign

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John (00:01): Hello and welcome to another episode of the Duct Tape Marketing Podcast. This is John Jantsch, and my guest today is Todd Rammler. He’s the president and founder of Michigan CFO Associates Affirm offering outsourced chief financial officer services to small business owners. He’s also the author of a book 30 Day Total Business Makeover, and we’re going to talk about a fun and exciting topic today, embezzlement in small business. Again, not so fun, but certainly essential. Todd, welcome to the show.

Todd (00:34): Thanks so much for having me, John.

John (00:36): So particularly if I think if somebody’s been embezzled, they probably know a lot about this topic, but if this never really happened to you, you might be thinking, well, what are some of the ways that particularly small businesses commonly get embezzled? What have you seen?

Todd (00:52): Yeah, the most common way is something to do with billings or collections generally. So fake invoices or collections, like setting up the fraudster will set up a company name similar to a customer name, and then collect those checks and deposit them into their own account. So there’s a lot of different ways, but they tend to be creating false documents or creating a company and bringing in company property into their own personal accounts.

John (01:24): It was my personal physician that had one of these separate clinic practices outside of a hospital, and he just turned everything over to the person that was doing the books and turns out she was creating all these credit cards and then charging things on these credit cards and then just ignoring to pay them and eventually went down the road four or $500,000 later. So is it typically, I mean, is that a really common thing that it’s somebody inside the business that you’ve just handed the keys to?

Todd (01:54): Absolutely. It tends to be relationships that have been trusted for a long period of time, and for whatever reason that person feels a perceived need or injustice or something, and then it’s a slippery slope. They take one step, get away with it, take a bigger step, and the next thing you know it’s going on for 12 months.

John (02:14): So I’m sure a lot of practices you have, here’s our set of guardrails. I mean, what are some of the common things that you should do or maybe the opposite of that should never do?

Todd (02:24): Yeah, the number one thing I tell people, we’re dealing with small businesses. So the playbook says segregation of duties don’t have the same person creating vendors and then approving purchase orders or sending invoices and collecting money. But it’s difficult in a small business to do that segregation effectively, whereas in a large company, you have a bunch of different people. So the number one thing I tell people is get employee dishonesty insurance as your stop gap. A lot of companies don’t have that, right? And so that’s like after the embezzlement occurred, if you have that coverage to be protected, that’s the first thing I would do. Well,

John (03:04): Can I go there? Because as somebody who’s been in business forever, I’ve never even heard of that. So is that just you call up your property casualty person and say, I need this kind of insurance?

Todd (03:13): Absolutely, yeah. And then they will ask you how much coverage you want, and there’s ways to estimate that. What’s the likely amount of embezzlement or fraud that might take place? I can tell you statistically in companies under a hundred employees, that number is the median is 150,000. So you probably don’t need millions of dollars of this coverage, and it’s not super expensive, but shockingly, many companies don’t have it. And that’s the number one thing I would do for protection. In terms of prevention, we go back to segregation of duties and not having the same people do where these weaknesses doing the same things. But another very effective tool is presenting yourself as paying attention even if you’re not really paying attention,

John (04:00): Because

Todd (04:00): If people think that you’re looking and poking around, they’re much less likely to take that risk. But in a lot of small companies, the owner or the leadership team may have a very loosey goosey attitude towards it, and then that opportunity becomes more likely to be acted upon.

John (04:19): And again, if you’re the business owner, sometimes you have to make hard decisions. But do you find that sometimes business owners struggle with, Hey, if I put all these internal controls in place, like nobody thinks I trust them, is that an issue or it really can it be spun in a different way?

Todd (04:34): Yeah, I mean, I think it is an issue, but we start with what Ronald Reagan used to say, trust but verify.

John (04:40): Right? I hear that actually a lot of people have claimed who have said that, but go ahead.

Todd (04:45): Yeah, he was one. So the truth is it’s difficult, but as I said, putting stringent controls in a small company is difficult, but if you set the expectation on the front of this is how we’re going to operate, we expect transparency, and I’m going to be checking things, and if not me as the owner, maybe it’s your CPA, maybe it’s your fractional CFO like us, but somebody is going to have some oversight and be poking around. And even back in the old days when we used to write paper checks all the time, typically the owner would get a stack of checks to write every week or two weeks, whatever the cycle was, and a little bit of background or supporting documentation. But if you start asking questions about that, even if you already know the answer to the question, it gives the impression

John (05:31): That

Todd (05:31): You’re paying attention and someone’s going to be less likely to go down that slippery slope of embezzlement.

John (05:40): So you hit on two things that I want to come back to. One is you should have an outside, I mean, obviously there are a lot of people that hire CPA, but they really just say, here’s my stuff for the taxes in a lot of cases. So you should actually have somebody who is routinely whether call it the fractional CFO model, I love because I think there are a lot of businesses that need CFO base at some point or oversight at some point, but maybe obviously can’t afford to hire that role or does it make sense for them to hire that role? But are you suggesting that’s a stop gap measure? If somebody from the outside is coming in and looking at stuff maybe once a month, that’s obviously going to discourage folks from thinking they can get away with stuff.

Todd (06:22): For sure. And I think it’s even a greater resource because that person really understands the behind the scenes accounting of what happens in the accounting system. And so typically owners are busy, they look at the p and l, but they don’t look at the balance sheet or they don’t look at a cashflow statement. And when you know how those three documents interact with each other, it becomes more apparent when something is out of whack or something needs investigation. And if you’re running a hundred miles an hour and you’re just top line, bottom line, it’s really hard to catch it if you’re not in the weeds.

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(08:03): Now, this offer is limited to new active campaign customers only. So what are you waiting for? Fuel your growth, boost revenue and save precious time by upgrading to active campaign today. Yeah, so the second part, and again, I’ve been doing this long enough that I had my checks with the carbon and I wrote that check and sent it off, and that was a record, and then I’d reconcile that against the bank statement, which actually also had the checks in it. That came back to me. What role has technology played in maybe providing security and maybe opening up holes?

Todd (08:37): Yeah, so I told you my number one safeguard is the insurance policy. The second is using your bank’s treasury management functions, and typically something like positive pay, for example, where you tell the bank only authorize these transactions. You can’t just write a check to a random name because it won’t go through the bank. It is a little more tedious, but it is very effective at eliminating some of these random withdrawals of cash. And then the other thing which gets more into cybersecurity is somebody spoofs your email address or your company URL and then sends invoices to your customers. And that’s a little harder. That requires IT security and two-factor authentication and that sort of stuff, which is beyond my scope here, but it is a changing environment for sure.

John (09:27): Yeah, I mean, we focus mostly on internal employee embezzlement, but you’re right, I mean there’s lots of silly things like trying to hack your website. I mean, we have security on our website several hundred times a day people try to hack into our website. So that has really, and obviously that can cause financial disaster for an organization. So is that, you just said it’s outside of what you do, but is that in the realm of risk management, so to speak, of finances? Is that a piece that you should be seeking outside? Not wait till it happens, but have somebody who’s actually making things a little hardened before disaster strikes?

Todd (10:07): Yeah, I mean a hundred percent transparency that happened to us. We had somebody spoof an email address, get into our system, and then email a customer with an address that looked like ours, but it wasn’t. And the customer wired them a large amount of money and it’s gone. You can’t get that back. So it’s just like embezzlement where you start finding the solutions after you’ve been a victim of it. Right.

John (10:31): Yeah,

Todd (10:32): And I think trying, one of the things we preach in embezzlement is map out all of the ways money comes in and all the ways money goes out and find those weak spots and build security around them and protections around them. But a lot of times you don’t know until it happens to you where that weakness is because we’re not very preventative in our approach a lot of times,

John (10:54): Again, I guess because I’ve been online so long, I’ve seen a lot of the scams and spoofs and things that come through, and I will say that they’re getting on top of trying to prey on people maybe that don’t have their guard up. They’re getting super sophisticated, being able to make it certainly look like it came from Chase Bank or whoever they’re trying to fool. And of course they’ve got the ability to anonymously send out millions of these, so they only need a couple to hit. So it’s pretty scary.

Todd (11:25): It is.

John (11:27): Talk a little bit about the fractional CFO role if you would. Obviously this is, I’m guessing a part of it that you would provide as a service, but what’s a typical, if I’m a small business owner and I’m thinking, well, I’ve got my bookkeeper and I send my taxes off once a year or once a quarter or whatever it is to the person that does those for me, what would looking at a fractional CFO role, what would you gain by that? Would as the provider of those services come in and say, here’s the first things we’re going to do and then we’re going to do this and then we’re going to do this. I’d just love to hear how that would work for the small business who maybe has never hired to see anything.

Todd (12:05): Yeah, so the difference is most people are very familiar with that CPA relationship and their role traditionally and typically is compliance. So it’s compliance with IRS tax regulation or generally accepted accounting practices gap.

John (12:20): I call it the rear view mirror. Here’s what

Todd (12:22): Happens. And it is, yeah, right. So a CFO is going to be focused on what we refer to as managerial accounting, which is how do we make money? What things make us more money or less money, protection of assets, planning for cash, really empowering management to make better financial decisions. And that is a different subset of accounting. I think a lot of people think of accountants and they think of their CPA, but half the accounting population is managerial accountants. So really it’s adding that element of, if I was in your shoes as the owner, what financial data and reporting would I want to see in order to make better financial decisions? And that’s really what being ACFO is all about, looking forward using history to look forward and plan for wherever that organization is trying to go.

John (13:16): What do you say to the, because I run across this a lot of times. I mean, in some ways this is financial strategy and I do marketing strategy all the time, and a lot of business owners are like, I don’t need stretch, I just need more customers. And I’m sure you run across sometimes people that would have that similar view of, I just send out invoices, my customers pay, I pay my bills. What do I need to be analyzing that I’m missing here?

Todd (13:40): Well, as businesses grow, they get more complicated. And so we have a lot of experience with companies who have called us after the fact. Let’s say they went from 5 million in revenue to 10 million in revenue or whatever the leap is,

John (13:52): But

Todd (13:53): They made the same or less money for all of that revenue growth or profitability did not grow in step. And it’s because we have a mentality versus a health and growth mentality. So there’s not a lot of value in growing quickly if you’re not going to do that in a healthy way. And in fact it can be much more risky now you have more activity, more employees, more inventory, more dollars tied up, and you’re not generating the same return on those dollars.

John (14:23): Talk about the small business owner relationship with profit. I sometimes find it to be sort of odd. I mean that it’s a bad thing or that it’s not focused on at all. It’s like that’s the money left over after everything else happened. How do you take a proactive, or maybe you agree with that approach, but how do you take a proactive approach to showing people, no, you should be showing 2015 whatever percent profit, and that’s by focusing on that is how you make it happen.

Todd (14:52): So we spend a lot of time talking about what is an appropriate hurdle in terms of percentage, and we can do it either way depending on the situation. Many companies, small companies today are what we call a pass-through entity at S-Corp or an LLC. So we look at that profitability number and we think, oh, well 5%, that’s not so bad, but 5% you still have to pay taxes.

John (15:15): You still

Todd (15:15): Have to do capital reinvestment to keep your machinery or your equipment, your office equipment up to snuff, and then any kind of growth investment, and that eats up your 5% and then some. So there’s definitely a focus on becoming healthy, as I alluded to in the other question first, and then focusing on growth. And I’ve had many clients over the years who have been doing record sales and still not making any money, and they just keep saying, well, maybe next year, next year we just need to grow a little bit more, but we’ve been in business for 20 years and we’re still not generating that return. And when you think of it as a return,

John (15:53): It

Todd (15:54): Puts it in context of, if I took this money and I put it in the stock market, what’s the return I would get versus I have it tied up in this company,

John (16:01): I invested my life and the return is not much. I tell you where I see a lot of businesses and I don’t get into finance at all, but marketing certainly does touch that and the ability to grow, which a lot of people come to us for. And that’s the idea of understanding labor and productivity costs when somebody particularly as fulfilling a service as a business, do you have any advice on how you should be, I see a lot of people that’s payroll as opposed to measuring some sort of unit of productivity. I know we could go down a really deep rabbit hole here, but what are some just basic advice and guidelines for that?

Todd (16:40): So I would say we tend to look at things in a variable cost environment for assessing profitability at a gross profit level, let’s say in the service industry. So if we do more sales, then we would expect to make more dollars of income, but a similar percentage.

John (16:58): And

Todd (16:58): When we see that percentage going down or going up, well, either way it should trigger some questions. And the ways that you can measure that are through it really depends on the type of specific business, but staff utilization is one, what open capacity do we have amongst the staff? What’s the sales pipeline look like? But I think paying attention to that contribution margin or gross margin on a monthly basis is the first step in sort of deciding are we hitting the numbers that we’re supposed to? And that begs the question of what’s supposed to, we need to have a budget or a forecast or a plan that says if we hit the numbers, we are expected to in sales. Here’s the gross profit or gross margin we’re expecting. And if we don’t have that, then we’re just being swept around by the wind.

John (17:47): If somebody wanted to hire, and it’s all relative, I’m sure, but let’s say it’s that million to $5 million business that really is just starting to realize, I kind of need some help here, and they wanted to hire somebody like you, a fractional CMO, what’s the typical engagement look like? And again, maybe there’s a range, but just for somebody who’s listening that might, what could they expect in terms of the engagement to look like, the engagement to cost, the weekly monthly meetings, what does a typical engagement look like?

Todd (18:18): So in any engagement, there’s a little heavier lifting on the front end for companies

John (18:22): That don’t have, you’ve got to find all the varied bodies,

Todd (18:25): So that may take two months to six months depending. And then we go into what internally we refer to as more of a maintenance mode where we’re producing financial statements, we’re sitting down with the leadership team and going through ’em. We are tracking against the budget and making the necessary adjustments for cash planning, profit, et cetera. We tend to view engagements in two, four buckets, really one or two days a week or one or two days a month. And so at that size that you described under 5 million, the first three to six months might be once a week, and then after that it might be twice a month, possibly even once a month. But the key to the relationship and the value is having the CFO regularly engaged so that they understand what makes this business tick and can use their experience and analytical ability to help make those better financial decisions. And if you’re just checking in once a quarter or once every six months, really you’re looking only at numbers and not operations and what’s actually happening in the business. So for us, we like to have some kind of a regular cadence so that we can add that value of knowing what’s going to make, move the needle for that company.

John (19:41): Well, Todd, this was awesome. Hopefully some people, at least, obviously we didn’t have enough time to dig too deep, but at least got some ideas on maybe what they’re not doing that have frightened them enough. So I appreciate you stopping by the podcast, but you want to invite people where they might connect and find out about the Michigan CFO Associates?

Todd (20:01): Yeah, sure. The website’s Michigancfo.com, and we were talking about segregation of duties earlier. We have a free worksheet if anybody wants it. You can just Google Michigan CFO segregation of duties and it’ll pop right up. I don’t know the exact URL, but that’s a free tool for embezzlement and embezzlement planning.

John (20:21): Great. Well, if you think about it, when we get off this and you want to send me the URL, we’ll put it in our show notes too to make it easier for people to find. So again, appreciate you stopping by and hopefully we’ll run into you one of these days out there on the road. Todd,

What does the future of B2B influence look like, and how will top global brands succeed with B2B influencer marketing in 2024 and beyond?

With the recent launch of our all-new 39-page 2023 B2B Influencer Marketing Report, there’s no better time to put these questions to some of the top B2B industry influencers, leading B2B marketers from major brands, and influencer marketing technology executives.

As marketers are asked to do more with less and prove return on investment (ROI), the popularity of influencer marketing has risen, as 94 percent of marketers have said that influencer marketing is a successful strategy for B2B, with greater numbers of B2B marketers increasing their level of influencer marketing maturity and sophistication and shifting even more towards always-on, relationship-based influencer communities.

The benefits of having an influencer marketing strategy in place have expanded — as our new report shows — with 61 percent of B2B marketers at organizations extensively using influencer marketing having seen increased sales revenue, 58 percent improved brand reputation, 47 percent improved brand advocacy, and the same percentage achieving improved retention rates.

Let’s jump right in and take a look at the future of B2B influence from 12 top subject matter experts.

12+ B2B Influencer Marketing Predictions From Top Experts & Influencers

Paul DobsonPaul Dobson
Head of Digital Services
Cloud Software Group
@svengelsk

In near terms, budget constraints will push influencer content further down the sales funnel, requiring proof of its impact on sales. Incorporating influencers throughout the customer journey fosters familiarity and strengthens vendor-influencer relationships, benefiting both parties.

Paul Dobson

“Incorporating influencers throughout the customer journey fosters familiarity and strengthens vendor-influencer relationships, benefiting both parties.” — Paul Dobson @svengelsk
Click To Tweet


Ursula RinghamUrsula Ringham
Head of Global Influencer Marketing
SAP
@UrsulaRingham

Authentic engagement will be key in 2024 and beyond. In the B2B space, we need real people to give their opinions and perspectives about challenges and solutions. No one wants to buy from an AI that hasn’t done the work or used the product.

Ursula Ringham

“Authentic engagement will be key in 2024 and beyond. In the B2B space, we need real people to give their opinions and perspectives about challenges and solutions.” — Ursula Ringham @UrsulaRingham
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Debbie FriezDebbie Friez
Associate Director, Influencer and Social Media
TopRank Marketing
@dfriez

We will see a pivotal shift towards authentic connections in B2B influencer marketing over the next year. As measurement techniques refine, the true business impact of genuine relationships will come to the forefront, underscoring the value of trust and credibility in every partnership.

Debbie Friez

“We will see a pivotal shift towards authentic connections in B2B influencer marketing over the next year.” — Debbie Friez @dfriez
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Ryan BaresRyan Bares
Global Social Influencer Marketing Manager
IBM
@RyanBares

AI will revolutionize B2B influencer marketing by enhancing influencer discovery, vetting, and collaboration. Expect platforms to integrate AI for content optimization, predictive analytics, and compliance, elevating campaign strategies.

Ryan Bares

“AI will revolutionize B2B influencer marketing by enhancing influencer discovery, vetting, and collaboration.” — Ryan Bares @RyanBares
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Pam DidnerPam Didner
Vice President
Relentless Pursuit
@PamDidner

Short-form video continues to be a major player in the realm of influencer marketing. I think we will also continue to see brands evaluating their influencer portfolio based on gender, age, and ethnicity to reach a broader audience.

Pam Didner

“Short-form video continues to be a major player in the realm of influencer marketing. We will also continue to see brands evaluating their influencer portfolio based on gender, age, and ethnicity.” — Pam Didner @PamDidner
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Janine WegnerJanine Wegner
Integrated Thought Leadership Strategy
Dell Technologies
@JanineWegner

In the upcoming year, AI, especially generative AI, will dominate, promoting global experts to influencer status. Enhanced translation and creative tools empower diverse voices worldwide, enriching perspectives and championing inclusivity.

Janine Wegner

“In the upcoming year, AI, especially generative AI, will dominate, promoting global experts to influencer status.” — Janine Wegner @JanineWegner
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Justin LevyJustin Levy
Senior Director, Influencer Marketing & Head of Community
Demandbase
@JustinLevy

By 2024, B2B companies will create distinct influencer roles, separating from standard social media tasks. LinkedIn will face increased API access demands, especially as other platforms limit data. Influencer campaigns will need to demonstrate direct contributions to sales, beyond just raising brand awareness.

Justin Levy

“By 2024, B2B companies will create distinct influencer roles, separating from standard social media tasks. Influencer campaigns will need to demonstrate direct contributions to sales, beyond just raising brand awareness.” — @JustinLevy
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Theodora LauTheodora Lau
Founder
Unconventional Ventures
@psb_dc

This space will continue to evolve and thrive. With in-person events returning in full force, there are more things that KOLs can partner with brands on — making the engagement more interesting and engaging, and providing more channels to connect than ever.

Theodora Lau

“With in-person events returning in full force, there are more things that KOLs can partner with brands on — making the engagement more interesting and engaging, and providing more channels to connect than ever.” — Theodora Lau @psb_dc
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Amy HigginsAmy Higgins
Owner
Amy Higgins Consulting
@AmywHiggins

The leaders in the space are finding creators who have clear points of view and add to the brand’s story. We are going to continue to see more co-marketing efforts between brands and between brands and influencers.

Amy Higgins

“The leaders in the space are finding creators who have clear points of view and add to the brand’s story. We are going to continue to see more co-marketing efforts between brands and between brands and influencers.” — @AmywHiggins
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Jay AcunzoJay Acunzo
Co-Founder
Creator Kitchen
@JayAcunzo

In 2024, the creator economy will redefine B2B marketing. As traditional B2B reach wanes, genuine creator voices gain traction. B2B brands will prioritize partnerships with these impactful creators and cultivate such talent in-house.

Jay Acunzo

“In 2024, the creator economy will redefine B2B marketing. As traditional B2B reach wanes, genuine creator voices gain traction. B2B brands will prioritize partnerships with these impactful creators.” — @JayAcunzo
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Casey BorreroCasey Borrero
Influencer Marketing Strategist
TopRank Marketing

Influencer marketing is expected to undergo a transformation through the implementation of data-driven strategies. The process of selecting influencers will heavily depend on the utilization of sophisticated analytics tools to assess the effectiveness of campaigns and make informed decisions based on data. This methodology will enhance strategies and achieve maximum ROI.

Casey Borrero

“Influencer marketing is expected to undergo a transformation through the implementation of data-driven strategies.” — Casey Borrero of @TopRank Marketing
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Christopher S. PennChristopher S. Penn
Chief Data Scientist
Trust Insights
@cspenn

B2B influencer marketing in 2024 confronts a data gap due to platform fragmentation. Direct customer surveys, community monitoring, and adaptive strategies will be vital to gauge influencer impact in this evolving landscape.

Christopher S. Penn

“B2B influencer marketing in 2024 confronts a data gap due to platform fragmentation. Direct customer surveys, community monitoring, and adaptive strategies will be vital to gauge influencer impact.” — Christopher S. Penn @cspenn
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Learn More About The Future of B2B Influencer Marketing

As these insightful predictions from Paul, Ursula, Debbie, Ryan, Pam, Janine, Justin, Theodora, Amy, Jay, Christopher and Casey show, the future of B2B influencer marketing is a bright one indeed.

We offer many thanks to each for sharing their helpful insight on what the future holds for successful B2B influencer marketing.

There is much more to learn in our comprehensive new 2023 B2B Influencer Marketing Report, and industry media coverage about the insights it contains has begun in earnest, including MediaPost’s “B2B Galvanizers: Influencer Marketing Takes Hold In Business-to-Business,” MarketingProfs’ “What Makes B2B Influencer Marketing Programs Successful,” Financial Promoter’s “B2B Influencer Marketing Drives Revenue,” Hotwire Global Communications’ “The Drop on Influencer Marketing as a Service,” and LinkedIn’s* “This Week in Marketing: B2B as a Specialization.”

You’ll find much more about the future of B2B influencer marketing and its power in building relationships, creating influencer communities and more in our all-new 2023 B2B Influencer Marketing Report. It’s 39 pages are rich with survey insights, case studies from B2B brands, a list of 25 top influencer marketing practitioners from major B2B brands, and much more.

Get started now and explore our all-new 2023 B2B Influencer Marketing Report.

* LinkedIn is a TopRank Marketing client.

The post 12+ Top 2024 B2B Influencer Marketing Predictions From Industry Experts appeared first on B2B Marketing Blog – TopRank®.