Building a resilient marketing function: putting website analytics at the heart of marketing decision-making by MPG BO Team, on 22/02/2022 In a recent MPG Insights article, we covered why having a high-performance marketing website is essential to success when it comes to building a resilient marketing function. If your business has a well-designed website, with well thought-through and carefully mapped out customer journeys, as well as efficient back end/CMS functionality – you’ll be in a good place when it comes to building resilience into your marketing function. An important aspect that should not be neglected, is how you evaluate the performance of your website – and thereby also your marketing. Website analytics reports are critical for understanding your customers, and how they interact with your site, as well as your other marketing channels. This is the #1 marketing priority, as stated by MPG Founder & CEO Helen Coetzee in her blog from 1st January 2022 – “In 2022, the most resilient organisations will have relevant and resilient marketing”. Having a website analytics tool and a reporting dashboard set up and integrated into your marketing process is the only way to make evidence-based decisions to feed into marketing planning and overall business strategy. Getting value from your website analytics requires going beyond basic stats from your Google Analytics report. Analytics dashboards should be set up for a deeper dive into what you need to know about your website visitors – going well beyond just the number of visitors, pages per session, bounce rate etc. You need to use the right tools to collect and analyse the data available, so you can understand how your audience is engaging with specific pages on your site, as well as the marketing channels, campaigns, and tactics that brought them to your website in the first place. Getting the right setup and process in place for your website analytics helps build a resilient, growing business in 7 ways: Allows you to see what is driving people to your website. Enables a good overall customer experience when they get to your website. Allows you to create personalised customer journeys that deliver the most relevant, compelling, and engaging content to your customers. Delivers more conversions at an optimal conversion rate – so more web visitors do what you want them to do when they are on your website. Helps you identify the website content your customers most value, and therefore build strategies and operational plans to create more of the most valued and engaging content. Means you can leverage your best advocates and create a strong referral engine. Gives you visibility of which marketing approaches, channels, tactics, and specific campaigns are working best, in terms of driving high numbers of relevant people to your website; and then the specific ROI of each of these, based on website conversions and ultimate revenue these conversions deliver. Quite simply: if you don’t have website analytics set up in the right way, you can’t know how any of your marketing initiatives are working, what return your marketing investment is delivering, how to improve the return, or how to invest more for growth. So, if you’re unsure of whether your website analytics is set up correctly and you’re not seeing marketing reports based on these, we recommend you focus on this as your next area of marketing investment. Investing much more in marketing campaigns before their performance is visible to you is not a smart move. In our next MPG Insights resource, we will be providing a practical guide on which metrics and KPIs you should be monitoring via our website analytics. Subscribe to MPG Insights to make sure you don’t miss out on the next resource, and future useful resources after that… And in the meantime, if you’d like to speak to MPG about how to get your website analytics properly set up to help your business grow, please get in touch. Team MPG includes website and analytics specialists who can help you get great visibility of your marketing performance and ROI. GET IN TOUCH WITH MPG TO FIND OUT MORE Continue Reading Topics: Analytics and intelligenceMarketing technologyWebsite optimisation
Building a resilient marketing function: do it with data by MPG BO Team, on 02/02/2022 In our most recent MPG Insights article, we covered why having a high-performance marketing website is so essential to success when it comes to building resilience into your marketing function. Driving traffic to your website, and engaging your potential customers to ‘pay you with their data’ and make purchases online is just the first step. If you want to be a resilient and growing business, a well structured database that is diligently maintained, and continually growing with relevant contacts is vital to success. Your database should be part of a finely tuned ecosystem, integrating with your website and other systems where data is collected, to allow data to flow automatically, and be stored in a way that makes it easy to use in impactful marketing. One of the most common mistakes we see when it comes to data, is having lots of the wrong data. The quality of the contact data you collect and store is as important, if not more important, than the volume. A database consisting of exactly the right contacts, organised well, allows you to target the right people, at the right time, with the right message. The following basic demographic data and enrichment data needs to be held with each contact record for this to work: Basic demographic data – this includes data points that you would find on a company website or on LinkedIn such as name, job title, company name, sector, company size (revenue and/or headcount) and company location (country, and also state if in US at a minimum to be compliant with data privacy/protection laws, if nothing else). Enrichment data – this is the data that is going to allow for smart segmentation and includes advanced demographics such as job function (this is different to job title, and is especially important where job titles don’t provide you with a true understanding of the ‘jobs to be done’ by that person), as well as behavioural data points that indicate interest (e.g. attending a webinar, downloading a particular piece of content, visiting a certain web page etc) So, how does having a strong database help you have a more resilient business? A strong, well organised, database allows you to: #1 Grow multiple revenue streams By being able to identify and target specific market segments, you can quickly create and successfully take to market new products such as webinars, round-tables, memberships, reports and digital products. #2 Drive higher, more consistent engagement With a well-segmented database, you can ensure that your marketing communications are highly relevant to the people receiving them, and therefore have maximum impact. High relevance = stronger and more consistent engagement over time. #3 Make smarter investments when growing your database A well-structured database, with robust processes in place, helps provide a clear picture of which potential customers you already have for the target segments you can reach. This means you can quickly and efficiently identify where the gaps are – so that you can take advantage of opportunities as they arise. If your database doesn’t have enough relevant contacts, and if it isn’t continually being monitored, updated and refreshed, your data will quickly become fatigued, and your marketing won’t have the impact that a growing business needs. Next week we’ll share a practical guide to structuring, growing, and maintaining a database that delivers consistent revenue and drive growth for your business. Subscribe to MPG Insights to get notified when the next article is published. And in the meantime, if you’d like to speak to MPG about how to optimise or strategically grow your database, please get in touch. Team MPG includes database and martech specialists who have a deep understanding of B2B media/events business models and marketing, and can help you acquire the right quality and volumes of data to achieve your commercial objectives. Read more about MPG’s database development and optimisation services. I cannot recommend MPG highly enough. Their commitment and unique expertise in data-driven, digital and integrated marketing has been very valuable to Social Media Week. They’ve been instrumental in helping us build our brand and community online and offline, and their product marketing performance has also been very strong. We’re delighted MPG has been on our team! Toby Daniels Co-Founder & CEO, Crowdcentric Media (acquired by Adweek) Continue Reading Topics: Database developmentDigital marketingMarketing automationMarketing strategyMarketing technology
Building a high-performance website for a resilient marketing function: a practical guide by MPG BO Team, on 19/01/2022 In the last MPG Insights article, we covered the role your marketing website plays in ensuring you have a resilient marketing function – and therefore a resilient business. This week, we’re sharing a practical guide to building a high-performance website. Here are our recommendations for following a common-sense, practical and systematic approach to building and maintaining a website that will deliver strong marketing results, and strengthen your business: #1 Process, process, process We can’t emphasise enough how important process is – in every area of marketing. If you follow the right process, you’ll get good results. Mapping and following processes can sometimes feel tedious, but creating a step-by-step approach to building, maintaining and enhancing your website, and then following through consistently with rigour and attention to detail, is what will get you where you need to be. Like so many necessary things, having a high-performance website is 10% inspiration, and 90% perspiration! Here we share MPG’s step-by-step processes focused on ensuring you get the right website built in the first place, with a downloadable resource of the processes that Team MPG has used time and time again, for consistently good results. DOWNLOAD YOUR COPY OF THE STEP-BY-STEP PROCESSES Once you have the right website, built in the right way, including the customer journeys and functionality your customers and your team needs, frequent website reviews and ongoing optimisation should be baked into your ongoing marketing performance review and marketing channel optimisation procedures. This will rely on (1) Google Analytics, or a similar tool – set up in the right way (2) A marketing performance dashboard – which we recommend you build in Google Data Studio #2 Optimising for conversions Conversion rate optimisation (CRO) isn’t only needed on your web pages focused on registrations, subscriptions and lead capture. Here are the four main areas of your website where CRO plays a very important role: (1) Your homepage This is where you make your first impression with many of your visitors and should clearly articulate your value proposition. Your unique selling point (USP) and value-focused benefits for your customers need to be very clearly and simply laid out high up on this page. Your homepage should also include clear signposting to further content and information to keep your web visitors clicking deeper into your site, including prominent CTAs pointing to conversion-focused pages e.g. Subscribe Today, Book Now, Download Brochure etc. (2) Content pages Content pages should also be focused on conversions by pointing visitors to: (a) Lead generation forms for downloadable sales materials e.g. Download Marketing Solutions Prospectus (b) Lead generation forms to access premium, gated content e.g. Request a Demo (c) Subscriber acquisition forms (free subscriptions) – where your audience can volunteer their data to have free or sample content emailed to them via a newsletter, or other types of email updates. (3) Pages displaying your ‘packages and pricing’ Focus on simplifying the process for your user to understand what’s on offer and choose the best option for them. You need to make it easy for them to buy from you! If there are different categories of purchasers with different prices e.g. for events you may charge vendors more to attend events, make sure you display the prices clearly. And remember to signpost web visitors from this page to the landing pages dedicated to conversions and including forms…see next point. (4) Landing pages dedicated to conversions i.e. with forms These are the pages that need the most attention for CRO and where you should focus your testing efforts. Include eye catching, brand-enhancing visuals and engaging copy that compels the user to complete the form, highlighting the benefits to them of taking the time to complete the form and giving you their data (What’s in it for them to complete the form? What will they get?). Avoid lengthy forms that request unnecessary information, or requesting the same information multiple times. #3 Helping potential customers find your website Search engine optimisation (SEO) is an ongoing process to ensure your site is always ranking well for the keywords that are most relevant to your audience and product. SEO is influenced by a number of factors like content, time on site, pages visited and device optimisation. Generally speaking, a good website means good SEO. Here are some of the key components of the ‘good website’ as far as Google is concerned. (1) Content, and UX around your content The accuracy and relevance of your content, frequency of updates, how well your content is tagged, and how seamlessly it aligns to what a visitor is expecting to see (i.e. customer experience), all impact your SEO. When producing content for your audience, you should always have top of mind both the customer needs and the objective of the content. And then you need to ensure that your marketing campaigns make the most of the content and the overall customer journey you have built. (2) Technical set up and performance You need to continually review the technical performance of your site. There are many tools out there, such as Lighthouse, which are an easy way to assess this aspect of your site. Here are some of the key things to look out for that will impact technical performance: Images and videos: search engines can’t ‘see’ what an image contains, so make sure that all images on your site contain alt text and captions. It is important to bear in mind that images and videos can sometimes have a negative effect on your SEO – especially when video and image files are large and take a long time to load, or when they are low quality. Mobile responsiveness: if your websites are difficult to read and use on a mobile phone, your SEO will definitely be badly affected. Always consider all elements as they appear on a mobile, such as navigation, size of font, length of text, and usability of forms. Getting this right is a combination of good digital design, good functionality and good front end development. Navigation: specifically for SEO, you need to consider how search engines’ bots crawling your website to create their rankings ‘understand’ what your site is all about. To make this work well, include keywords in your navigation elements such a URLs for specific pages, menu items, CTAs and headings. SEO covers a lot more than what we have shared here, but what we’ve covered should help you get the most important ‘fundamentals’ on place! (3) Back-links (or links from other websites to yours) are a sure-fire way of increasing your ranking – as long as they are linking from relevant sites. That’s because Google considers relevant back-links to be like positive recommendations to your website. Try to encourage advocates such as event speakers and sponsors, authors of articles you publish and partners to add links to your event on their websites, wherever appropriate. #4 Creating a good customer experience on your website User experience (UX) of your website will impact your marketing performance, and therefore your business resilience and performance. The more favourable an interaction your potential user has with your site, the more likely they are to purchase from you and also refer your products to others. The key elements to be mindful of in creating a positive customer experience are: Navigation: the age old adage, ‘don’t make me think’ is well known in the world of UX. Your website user should be able to very quickly and easily find exactly what they are looking for on your site, with minimal effort. Design: when we talk about design, we are not just talking about having lovely imagery on your site. Good site design also includes fonts, colours and imagery that are consistent with your brand guidelines, are visually pleasing in how images are combined with text, and contribute to telling a story that will lead them down the path to conversion. Customer journey: mapping out the customer journeys (the paths users take through your website content) is essential in creating a site that converts. Always consider how different entry points affect the experience. As other marketing channels are pushing users directly to specific pages on your website, it is important to consider the full customer journey including all their touch points with your brand, even before they hit your site. If you get all of these things done consistently well, your marketing function – and your organisation – will be more resilient! Do you need help optimising your existing website? Or maybe the time has come to build a brand new website? MPG’s digital marketing experts and website team of web project managers, designers and developers know what it takes to create and optimise a website for high-performance marketing that converts. We also know how to optimise sites on an ongoing basis in a practical, systematic way that keeps your website in ship shape, and high up in search rankings. Get in touch today to find out how MPG can help you attract and convert enough of the right customers to help your organisation grow and be more resilient. FIND OUT MORE MPG provided excellent design and functionality recommendations for our website – helping us immediately put into action initiatives that would help us gain more customers and move forward as a business. Alex Ayad, Founder & CEO, Outsmart Insight Continue Reading Topics: Digital marketingMarketing operationsMarketing technologyWebsite optimisation
Build a resilient marketing function: start with your most important marketing channel by Sharise Wilkinson, on 13/01/2022 As the pandemic rages on, challenges and opportunities continue to emerge for B2B media and events businesses. From Team MPG’s vantage point, it is clear that the most resilient businesses, and those that have started growing again, have certain characteristics – including: a belief in the strategic importance of marketing – shared by the whole senior leadership team; a strong understanding of what good marketing looks like and should be expected to achieve; and a commitment to invest well in marketing for sustainable growth. This was the focus of Helen Coetzee’s blog published on 1st January: In 2022, the most resilient organisations will have relevant and resilient marketing. In this article, Helen highlights specific areas that require focus and investment for building relevance and resilience into your marketing – and therefore into your whole organisation. One of these specific areas is your website, or more specifically, the website or web pages that serve the purpose of marketing your brand, value proposition and products. The companies that have invested heavily in building high performance marketing websites, are standing out as resilient and winning organisations at this time. And by ‘high performance websites’, we’re not just referring to a beautifully designed ‘look and feel’ for your site – which is usually the calling card of slick creative and digital agencies very good at selling their sizzle (and making things look nice). A well designed, nice-to-look at website is an absolute must, but far too many organisations we talk to have fallen in to the trap of spending a fortune with a ‘shiny’ agency (confusing style with substance…) on a website that just looks lovely, but doesn’t actually work in terms of: (1) Optimised customer journeys in the front end – to acquire more customers and generate more revenue, and (2) Back-end/CMS functionality that makes the website practical and efficient (and viable!) for marketers to manage in the manner required for the website to work well within a content-led, integrated marcomms approach. There is a very specific, specialised set of functionality requirements that B2B media/events businesses need built into their marketing websites that can be very poorly understood by many business leaders (and often their marketers too), and by the too many agencies trusted with this kind of work. These specific functionality requirements are focused on the extremely important role your website serves as the hub of all your marketing efforts. If you want to be a resilient and growing business, your website needs to do all the following – really well: Positioning: host impactful messaging – in words, pictures and sometimes video and/or audio – that positions your brand and value you deliver in exactly the right way. For this you need a strong messaging strategy. See: Build a winning messaging strategy: a step-by-step guide Conversion rate optimisation (CRO): have well structured navigation and CTAs that draw customers through your marketing funnel – getting them to share their data, become a customer, and also share your content. See: 4 Things you should do for a high performance website SEO: use relevant messaging, content and good UX to organically attract relevant people from search engines – to then become exposed to your positioning and converted to engaged prospects, customers and advocates. A well-optimised site attracts the right visitors, in required and sustainable volumes, and clearly communicates your value proposition – which is more important now than ever to cut through all the noise on digital channels. Remember that your website is the hub of all your marketing activity. Every time you post on social media, run a PPC campaign, or send an email campaign – you should be pushing relevant people to your website so that they become visitors, engaged audience members prospects, and customers. If your website is not in the best shape possible, all of your other marketing channels will be much less effective than they should be. There is almost no point deploying any other marketing channels (especially PPC!) until you have a website in place that looks great, and works exactly as it should in terms of functionality needed to deliver customers and revenue to your business. Next week we will share a practical guide to building a high performance website. Subscribe to MPG Insights to get notified when the next article is published. And in the meantime, if you’d like to speak to an MPG website expert about how to optimise the site you have, or build a brand new, high performance website – please get in touch. Team MPG includes website designers, developers and website project managers who have a deep understanding of B2B media/events business models and marketing. We know how your website needs to work to grow your customer base and your revenues. Read more about MPG’s website design and development services. MPG provided excellent design and functionality recommendations for our website – helping us immediately put into action initiatives that would help us gain more customers and move forward as a business. Alex Ayad, Founder & CEO, Outsmart Insight FIND OUT MORE Continue Reading Topics: Community marketingDatabase developmentEvent marketingMarketing strategyMarketing technologyWebsite optimisation
In 2022, the most resilient organisations will have relevant and resilient marketing by Sharise Wilkinson, on 01/01/2022 Along with the exciting opportunities for innovation and digital transformation that many leaders have successfully embraced, the pandemic continues to throw new challenges at B2B media and event businesses. Once again, event organisers face issues around live events. Even those who have been able to very successfully grow their digital revenue streams over the past 18 months are immensely frustrated they cannot bring their customers together in-person. Those brave souls who have proceeded to safely host some face-to-face gatherings for their valued community members, in the midst of a pandemic, have found these ‘in real life’ experiences to be most powerful and energising. To keep moving forward positively, senior executives should focus on building resilience into every part of their organisation. From a marketing perspective, organisational resilience can be further strengthened by more relevance. Marketing is all about getting close to your customers and successfully communicating to them the relevance of your value proposition. In the B2B world, this is about focusing – with precision – on the specific individuals within specific organisations who will find your value proposition highly relevant (This is of course assuming you have already achieved a strong enough product-market fit to make what you’re offering worth your target customers’ attention, time, and money. If you don’t have the product-market fit right yet, this should be your focus to strengthen organisational resilience – regardless of pandemics! No amount of marketing can successfully monetise the wrong product…). Getting close to customers is first and foremost about listening. Listening to what they care about, what their pain points are, what motivates them, and what they need in order to get their jobs done well – right now, and in the near future. If you are listening properly to your customers, and responding to their needs with the most relevant products and the most relevant marketing, your organisation will be more resilient. Why? Because your customers will give you their attention and their time, again and again – no matter whether you are delivering your products online or in-person. When you have your customers’ attention over an extended period of time – regardless of format – they should be engaged enough with your brand for you to monetise them well. And, if you can prove you can monetise your customers consistently, profitably and with economies of scale, you have a very good reason to pursue scale. Hence MPG’s mantra since the start of the pandemic: engage, monetise, scale. Building brands as community platforms is only possible if you follow this Engage – Monetise – Scale model. A marketing strategy that focuses on engagement – anchored in relevance – will make your marketing more resilient. This, in turn, will make your whole organisation more resilient. Here are four things we believe are fundamental to building relevance and resilience into your marketing – and therefore into your whole organisation: #1: Investment in customer insight: ongoing analysis on what your customers say and do. Via a set of dashboards, make sure your marketers are constantly monitoring how customers are engaging with your products and your marketing campaigns. Ask your marketers to look for and highlight trends in the data to spark questions to ask your customers about the content, networking opportunities, formats and experiences they find most relevant and valuable, and why. Data your marketers should be able to interrogate should also validate and enhance the answers your customers give you. If your marketers are focused on customer insight, your marketing – and your whole organisation – will be more relevant and more resilient. #2: Specific, clearly defined marketing objectives – f