22nd March 2019
So what are the 5 challenges?
In our last blog we spoke about the research done by Frost and Sullivan that showed that all businesses faced the same 5 challenges with their marketing. But what are these challenges?
The first is proposition, which basically means that you are struggling to effectively convey to your customers what you do and how you offer them value for their purchase. You can improve this by working on your communication, and clearly demonstrate to your customers why they should come to you, over your competitors. If you are not sure where to start, begin by writing down everything you offer.
The second is delivering sales-ready leads. This is important as it will prevent you wasting time on leads who were never going to buy, who were using you to gain some traction over their current supplier, or who were only ever going to choose on price. Having good process that delivers quality leads will help to increase the success of your sales pipeline.
Creating good quality content is vital to engage potential customers, and show yourself as an authority in your marketplace. The content required for different mediums will vary, and will need to be created according to the market and the way that is it presented. People tend to view creating content as time-consuming, so that it get pushed to the back of the pile.
Measuring your marketing is important. Unless you measure and monitor it is hard to work out what is working and what is not working. Furthermore, what you measure makes all the difference. Simply measuring Facebook likes, or website visits won’t give you an understanding of the engagement levels of your potential customers.
And finally, sales teams being skeptical of marketing. Many business owners struggle to get their sales teams to use the marketing materials, or to work with the marketing team. But good marketing, will deliver a good flow of warm leads to the sales team, enabling them to command a good conversion rate to customers.
If any of the above points sound familiar, give us call on 0121 222 5743 and arrange your meeting today.
To learn more about the challenges facing businesses watch the video below.