Typically the
reason a business, from start-ups to fortune 500 companies, hire an outside
marketing consultant is because their internal marketing campaigns are
failing. And if the best-laid marketing plans have the ability to go awry,
imagine just how bad it is with poorly planned marketing campaigns. Here are
some mistakes to avoid/things to consider when coming up with your next
campaign that will hopefully increase your chances of success.
Ending a Campaign Too Soon
Too
many times company's pull the plug on a campaign before giving it a chance to
perform. Things like SEO and SMM aren't things that can be turned on and off.
You must continually focus on them, investing time and money, even when you are
losing out in the short term in hopes of recuperating your losses and
making a profit in the long run.
That's why it's so important to budget
correctly. The amount of money that you have available to spend will greatly
impact your strategies. With the
exception of a few situations (like running a PPC campaign), you should plan
your budget on a yearly basis and not quarterly.
With proper budget management, you should be
able to keep campaigns going that need time to flourish before producing a
positive ROI. This leads to the next point.
Not Getting Your
Marketing Campaigns to Fund Themselves
Campaigns like pay-per-per click advertising or pay-per-call marketing can provide a return in the short term while SEO, social media marketing, and content marketing are campaigns that typically need a longer time period to run before being able to provide a positive ROI.
It's important to maximize profits on these
shorter-term campaigns so that you can take the money and invest in long-term
campaigns. This will prevent you from burning through your budget too quickly
since your marketing campaigns can help to fund themselves.
Putting All Your Eggs in One Basket
Many businesses that run a marketing campaign
make the mistake of spending their entire budget on one specific marketing area
which is a big mistake. Spreading your marketing and advertising efforts (SEO,
SMM, PPC and other methods) will help with keeping your ROI balanced.
You Didn't Follow Up
with Customers
The sales team should be at the center of your marketing campaign. It's important for your sales team to maintain open communication with
potential customers. It is a common marketing mistake to allow customers to
fall through the cracks. Once a potential customer makes contact, it is a good
business practice to stay in touch with them. If the sales team is not
following up with potential customers, the marketing campaign efforts won’t
matter.
If you're making these mistakes, don't panic. You can recover from a failed marketing campaign. Just make sure to take the time to review the previous campaign, recognize errors you made, and learn from the mistakes.