A Guide To Inbound Marketing: Essentials For Business Epaper
A Guide To Inbound Marketing: Essentials For Business Epaper
inbound marketing
essentials for business ePaper
www.creativebrew.com.au
A new approach to marketing 1
We have developed this whitepaper especially for business owners and CEOs to demonstrate how
a new marketing practice – “Inbound Marketing” – can empower companies to take advantage of
the changing business environment that the Internet has brought upon us.
Whether you know it or not your potential customers are Inbound marketing has three key functions
searching for your businesses’ product and service. How well for your business – get found, convert, and
are you doing at guiding them along the path that leads them
analyse.
to find what they are looking for, your solution to their needs?
Of course, you’re also paying to hit some unwilling bystanders Ultimately inbound marketing is largely about building
(non-target demographic) but that’s unavoidable. You then relationships, we invite you to join us in a conversation via our
trust that the people you have hit will react to your efforts – blog and/or social media sites. You can find these by visiting
Inbound marketing turns this approach upside down. our website creativebrew.com.au
While over the past 5 years your focus would have been on
search engines, pay-per-click advertising and email marketing
to reach your audience, there is no doubt today that market
trends and economics dictate you must find your target
market online using inbound marketing techniques such as
blogs, social media and SEO.
The chart below shows that mass marketing both online and
offline is losing popularity to inbound marketing techniques
such as blogs, social media and SEO.
Sources of Leads That Have Become More Important in the Last 6 Months
60%
60%
59%
Inbound
55%
50%
2009 2010
48%
46%
46%
40%
42%
40%
Not Classified
30%
32%
2009 2010
20%
22%
Outbound
19%
16%
15%
10%
10%
10%
0%
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The challenge you face today is not, “how do I get the most Be sure to follow these 7 rules for social engagement:
people to buy my product?” but “how do I really listen enough
1. Know your audience
to people so that I am able to serve their needs?”
2. Outline a Strategy and clear goals
Don’t think about how to invent a story
3. Develop a voice
that will make more people buy, focus on
how to tell “your” true story and create 4.
Create useful and meaningful content for
something of real value. your target market
Your aim is to engage and retain your new brand advocates 5. Maintain brand consistency
and then begin to move them down the sales funnel towards 6. Integrate offline and online activities
becoming customers.
7. Remain focused and dedicated
The trend is for business/brands to increasingly adopt some of
the many social media channels such as Twitter, Facebook and Effective inbound marketing is all about inviting you potential
LinkedIn as a means of staying in touch with their customer customers in for a chat instead of broadcasting to an
base, (as shown in the figure to the right). From the beginning increasingly ever-reluctant audience.
you should be monitoring what’s being said about your brand
and respond promptly. Always address negative comments
directly and steer the conversation in a more positive direction.
Engage and thank your followers for positive comments and
answer their questions. This is a vital part of your inbound
Business areas for which professionals worldwide
strategy.
use social media*, August 2009 (% of respondents)
**Includes blogs,chat,
Includes blogs, chat, discussion
discussion boards,
boards, microblogs,
microblogs, podcasts,
podcasts, ratings,
ratings, social socialvideo-sharing,
networks, networks, video-sharing,
wikis, etc wikis, etc
Source: Mzinga and Babson Executive Education,
‘Social Software in Business’, 8 September 2009.
Content creation, SEO and social media provide the The Inbound Marketing process for lead generation:
opportunity for your content to be found. It stands to reason
> Create valuable offers and discounts that will attract
that if a potential customer is interested in what you have to
visitors and compel them to sign up
say – your content – then they are in actual fact a “warm” lead.
> Create call-to-action graphics or buttons that convey
The next step is to capture these warm/qualified leads
the offer and entice clicks to a landing page
by offering them something they value. Through having
identified your typical customer’s needs it becomes easy to > Use landing pages that further induce the visitor to
ask for a small commitment from them and gain their contact sign up or register for the offer
information in exchange for something they value. Make > Follow up converted leads with lead nurturing campaigns
it easy for them to sign up for a free product promotion or and sales calls
service, discounts or event and always use a well designed
landing page to increase your chances of getting their details. > Optimise lead conversion by measuring and analysing
results from offers and landing pages
Once leads are registered you can then begin to nurture them
and move them down the sales funnel. Depending on your > Organise and analyse leads using customer relationship
product or service you can use follow-up calls, seminars or management software
additional content such as e-papers to monitor their interest
and provide them with the right information that turns
them into a paying customer. Finding the right mix of offers,
valuable content and landing page strategy is expedited
through analysing your web traffic data.
Inbound
Marketing $134 < 60% lower cost per lead!
Dominated
Ultimately any lead generation strategy should result in a 2010 Inbound Marketing Budgets
positive return on investment. Compared to 2009
Unlike conventional marketing one of the principal advantages
of inbound and Internet marketing is that you can measure 60%
the results easily. By driving potential customers to your lead
Percentage of Respondents
50%
capture forms you can isolate and measure the effects of your 51%
marketing campaigns on sales by: 40%
> Analysing website traffic 37%
30%
the general interest level generated by your brand
awareness and brand reputation efforts 20%
> Monitoring lead conversions 10%
from a casual website visitor to a sales lead 51%
0%
> Monitoring sales conversions
from a sales lead to a customer Change in 2010 Inbound Marketing Budget
> Monitoring retention rates Source: Marketing Data: 50+ Charts and Graphs, HubSpot, May 2010
from a one-time customer to a loyal, repeat customer
To compute your ROI, make sure you account for the personnel
involved in your inbound marketing efforts plus any external
costs such as software and any outsourced marketing costs.
University
> Doubled organic traffic in 6 months
> Attracted over 1,200 leads in the last 6 months
> Reached 100% conversion rate on 2 landing pages
> Accumulated 6,000 links from over 1,300 domains