Marketing Fundamentals for Founders

Post on 18-Dec-2014

291 views 2 download

description

So, you've got a product or idea that's going to IPO (eventually) and your team puts Apple and Google's to shame. Yet, your traffic, leads, and customer metrics keep missing expectations and your board is starting to wonder what they've gotten themselves into with you. Never fear. Quantified marketing is here. Learn how to promote your business with fundamental digital marketing principles. Slides taken from a class taught by Patrick Campbell, CEO of Price Intelligently. Learn more from the experts by visiting http://intelligent.ly/learn

transcript

Marketing Fundamentals for Founders

PATRICK CAMPBELL

@patticus

@Patticus

Provide you a quick, analytical process to approach marketing and sales in the early stages of a business.

Our Mission Today

@Patticus

Everyone leaves with something new they’ve learned, no matter your marketing level.

My Goal

@Patticus

Key Milestones: •May 2012: Founded in Boston•Nov. 2012: 50+ Customers International Expansion to UK, Canada & Australia•Jan. 2013: Expanded Team to 7•April 2013: Completed Over 100,000 Pricing Strategies•May 2013: $1M Run Rate

Executives:•CEO/Co-Founder: Patrick Campbell•Technologist/Co-Founder: Christopher O’Donnell •Technologist/Co-Founder: Aaron White

About Us

@Patticus

• Understanding Your Constraints

• Understanding the Smarketing Funnel

• Understanding Your Channels

Our Agenda

@Patticus

Understanding Your Constraints

@Patticus

We all have an ego that wants to see our name on a billboard...or in a SuperBowl commercial...

@Patticus

...but vanity is for prom queens (and kings), not marketers...

@Patticus

We only have so much time...

@Patticus

...because failure stares you in the face at every turn.

@Patticus

You need to be a steamroller.

@Patticus

You’re under enormous constraints as a startup. Be a steamroller focused on conversion momentum, not vanity.

Main Takeaway #1

@Patticus

Identify what you’re doing right now to capture leads or convert leads to customers.

Activity #1

@Patticus

Understanding the Smarketing Funnel

@Patticus

There are a lot of complex theories out there...

@Patticus

...but keep it simple up front.

Eyeballs Lead Opportunity Customer

@Patticus

Our $1Million Funnel

• Top of the Funnel

• Price Intelligently Blog

• Guest Blogging

• Quora, LinkedIn Twitter, etc.

• Video (coming soon)

• Middle of the Funnel

• Remarketing

• E-Books

• Email

• Video (coming soon)

• Bottom of the Funnel - Sales

• Human Beings - Price Optimization Assessment

@Patticus

Find the funnel that works for you, but you must give your leads an opportunity to dig in and a funnel for them to go down.

Main Takeaway #2

@Patticus

Draw out your funnel, either current or proposed.

Activity #2

@Patticus

Understanding Your Channels

@Patticus

Channels• Inbound (Go through HubSpot’s certification)

• Slideshare

• Guest posts

• Blog

• Social Media

• Video

• Email

• Outbound

• Remarketing

• Paid Search

• Paid Display

• Pamphlets

• Paid newsletters

• Paid anything

@Patticus

Inbound Channels

@Patticus

Outbound Channels

@Patticus

Everybody is different...

@Patticus

...so identify your buyer personas...

@Patticus

...and be a brand.

@Patticus

Our Brand

Let the knowledge free!

@Patticus

Long form and data driven

@Patticus

Result

• Makes us look bigger than we actually are (don’t tell anyone)

• Education and creates the requirement

• Forces us to scale

@Patticus

Our $1Million Funnel

• Top of the Funnel

• Price Intelligently Blog

• Guest Blogging

• Quora, LinkedIn Twitter, etc.

• Video (coming soon)

• Middle of the Funnel

• Remarketing

• E-Books

• Email

• Video (coming soon)

• Bottom of the Funnel - Sales

• Human Beings - Price Optimization Assessment

@Patticus

Conversion...conversion...conversion.

Read Skok’s SaaS Unit Economics.

@Patticus

Test, test, and test different marketing channels, but keep the focus on conversion and scalability.

Main Takeaway #3

@Patticus

What are six channels you can easily test (that you’re not using already) and how are you going to test them?

Activity #3

@Patticus

Questions?

@Patticus

Patrick Campbell

Patrick@PriceIntelligently.com

@Patticus

Course TitleCourse TitleINSTRUCTOR NAME