In-House Marketing Mastery: Driving Sales Growth & SEO Success On Your Own
Download MP3 Overview:
- Business development should be a top priority for any business aiming to grow in terms of sales, revenue, and customer base.
- The first step in business growth is focusing on sales, but before you can sell, you need a strong conversion rate and customers to talk to.
- Marketing plays a crucial role in generating leads and creating a consistent customer flow.
Key Insights:
- Sales and Conversion:
- Successful sales are the result of profitable conversions. A high conversion rate requires having customers to talk to.
- Before focusing on sales, you need to generate customer inquiries or leads.
- Marketing vs. Sales:
- Marketing should come before sales. Your sales efforts can only succeed if you have enough inquiries to work with.
- A typical conversion rate for most businesses is about 10%, meaning for every 10 inquiries, you close one deal.
Different Types of Marketing:
- Content Marketing: Focuses on creating valuable, consistent content that attracts and retains customers without the immediate pressure of ROI.
- Paid Ads: Google, Facebook, and LinkedIn ads, though effective, require an immediate return to be sustainable.
- Event-Based Marketing: Includes webinars, conferences, and industry trade group interactions.
- Offline Ads: Traditional methods such as direct mail, billboards, and radio, though requiring high upfront costs and clear ROI.
- Content Marketing Benefits:
- You control the process, unlike paid advertising or SEO, where you're at the mercy of algorithms.
- You can adjust content strategy based on real-time feedback.
- Content marketing attracts more engaged clients who are interested in building a relationship with your brand.
- It's easier to retain content-driven clients and cross-sell products/services.
- Clients acquired through content marketing tend to be more informed and value your expertise.
How to Get Started with Content Marketing:
- Commit to Speaking for 10 Minutes Daily: Start by talking for 10 minutes about your business, products, or industry insights. It doesn't have to be a sales pitch, just natural conversation.
- You can speak about recent client questions, industry news, product features, or even your own experiences.
- Repurpose Your Content:
- Upload your 10-minute talk as a video on platforms like YouTube, TikTok, or Rumble.
- Extract the audio and turn it into a podcast episode.
- Transcribe the audio into text and publish it as a blog post on your website.
Additional Tips:
- Action Ratio: To generate 30 inquiries (for 3 sales), you need at least 600 visitors or views if your action ratio is 5%.
- By using content marketing, you eliminate the burden of direct ROI and can focus on creating long-term, sustainable growth.
Takeaway: Start with content marketing to generate a consistent flow of inquiries, refine your conversion rate, and ultimately drive sales growth for your business.