MiMfg Magazine June 2019 | Page 14

14 MiMfg Magazine June 2019 • Keyword research — 75 percent of users will do online research to find a solution to their problem. You need to know what people are searching related to your industry so that when you market to them you are speaking their language. Five signs it’s time to revise your marketing strategy: 1. You’re not seeing results from your current marketing efforts 2. Your marketing strategy is 2-3 years old Okay, we haven’t been doing that. Is it time to start over? 3. You’re launching a new product or tapping a new market “One of the biggest mistakes you can make is throwing everything out and starting from scratch,” said Jackie Ranoni, WBG’s visual designer. “There are probably things you can repurpose, like existing content just requiring an update or fresh look. You could also source content from your sales team or from frequently asked questions found during the sales process to create something quick, and get it up on your website to start capturing better and more reliable leads.” Before you rethink an existing strategy, make sure that you’re not having a knee jerk reaction — look at the data first (begin by adding the free Google Analytics to your website to help locate that data), then decide if you need to change your entire strategy, or just implement some new tactics. “It’s time to make a change when your business has hit a ceiling — whether that ceiling is opera- tional, sales-related or connected with your leader- ship,” said Richards. “When you hit a ceiling you need to take a step back and look at the issues at hand, determine what it takes to solve them, and who is the best person to solve them, and empower those people to take you forward.” “If any or all of these five signs apply (see right), it’s a good idea to consult with a marketing professional,” suggested Donna Campbell, WBG’s leading content strategist. “Plenty of agencies, including WBG, offer a free consultation and that can be a good way to determine if you are in a good place to tackle these issues with some new strategies.” 4. Your buyers are changing 5. You’re only doing one type of marketing Marketing is just a lot of testing and failing. We don’t have the resources to commit to something that may not generate results right away. The fact is, industrial buyers do 70 percent of their research online before they ever reach out to sales and 40 percent of those doing the research are millennials — the generation that will be dominat- ing the purchasing of manufactured goods for the next few decades. “Your marketing budget should be seen as an operational expense because you cannot afford to sit this dance out,” Campbell said. Millennials pay attention to your website, your market presence and brand strength, plus they search for case studies and follow you on social media. Manufacturers need to provide them with a positive experience; just as manufacturers sought to do in the 1950s, the 1980s and at the turn of the century, only now that experience must include digital. “Today’s industrial buying journey begins online,” Campbell acknowledged. “The more data you have to establish what works and what doesn’t the more successful you’ll be. By putting in the resources to test and fail, you are actually reducing the likelihood of these strategies failing over the long term because you can learn, adapt and get better at it over time.” Questions to ask when hiring an outside marketing firm: • Are they interested in understanding our “why?” and will they help us define it? • Does this agency have a proven process for delivery? If they don’t have a proven process, they might be disorganized or still in a trial & error phase of their business. • Can they provide examples of clients they’ve helped? (testimonials, case studies, etc.) • How are they structured and who will you have access to? If you only have access to a project manager (vs. the whole team) that’s concerning. You need to have a least some relationship with the rest of the team so that you don’t have to change agencies every time your project manager job hops. • What do they specialize in? You’ll want a diverse team that has specialists in content, design, development, UX/UI, SEO, social media. • Do they work on a project model, a retainer model or both? It will be important to understand how payments are structured and what your options are. • How quickly can they begin your project? If you need to launch a website in time for your biggest trade show of the year, your agency better have the capacity to meet your deadlines.