Tuesday, August 26, 2014
Performing Regular 'Checkups' on Your Marketing Campaigns
Even as a child grows older, however, regular checkups remain important. Schools will require them for sports teams. Camps and similar activities want records that show the child is up-to-date on their shots. And parents don't want to wait for something to go wrong before bringing their child to the doctor.
As a business owner, you should think of your marketing campaigns like a child. Just as a child needs regular checkups, your company's marketing will benefit from regular 'checkups,' too, even if nothing is actually wrong.
Why are checkups so important?
Yearly physicals can help doctors and parents stay on top of a child's overall health, even if everything seems to be going well. Doctors can address minor annoyances that might not seem to warrant visits themselves, while also watching for potentially unnoticed signs of problems. This kind of preventive care allows doctors to keep their patients in better health.
It works the same way with your marketing campaigns. When things are going well, it's easy to put off running diagnostics and doing checkups. However, even if a campaign is bringing in customers, regular checkups are still important. Breaking down the campaign piece by piece and examining it can help you find potential weak spots where customers are slipping through the cracks, so you can repair those rough spots and improve your conversion rates.
Diagnostics and regular checkups can also provide a warning if something is about to go wrong. For example, if you find during your examination that most of your customers are coming through a particular channel, you can devote the time and energy necessary to make sure that channel continues running smoothly, while also investigating what might be holding up the others channels you've been targeting.
What should you look at?
At a child's physical, the doctor will listen to the heart and lungs, examine the nose, throat, and ears, and perhaps administer shots. A marketing campaign checkup should also look at the bare bones of the process. This includes looking at where customers are coming from and where they are being lost. Start by breaking down the sales funnel and determining who is leaving at each stage. See if any aspects of your marketing campaigns are attracting so few customers that they've become a waste of money. Determine if they can be improved or if they should just be scrapped.
Research what competitors are doing and try to improve even the strongest aspects of your campaigns. Survey customers to see what they wish could be improved about the process.
Yearly physicals are important for monitoring and improving the health of all children, and regular checkups are important for your marketing campaigns, too. Regularly get out your data, sit down with the marketing team, and break down campaigns step by step. Yes, such checkups will require time, but they can help make your campaigns more efficient, improve conversion rates, and help your company grow.