Single Grain https://www.singlegrain.com/ Search Engine Optimization and Pay Per Click Services in San Francisco Fri, 08 Sep 2023 18:44:03 +0000 en-US hourly 1 How to Measure Your Content Marketing ROI https://www.singlegrain.com/blog/ms/content-marketing-roi/ Fri, 08 Sep 2023 17:54:01 +0000 https://www.singlegrain.com/?p=49804 In today’s rapidly evolving digital landscape, the question on every marketer’s mind is: “How do I measure my content marketing ROI?” Changes in tools like Google Analytics 4 and the...

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In today’s rapidly evolving digital landscape, the question on every marketer’s mind is: “How do I measure my content marketing ROI?”

Changes in tools like Google Analytics 4 and the influx of AI technologies are redefining the ways we gauge success.

If you’ve been scratching your head about this, don’t worry. We’re going to walk you through some of the simplest and most effective techniques for measuring — and improving! — your content marketing ROI.

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Why We’ll all Be Using Google Analytics 4

One of the key tools aiding marketers in the pursuit of content marketing ROI is Google Analytics 4 (GA4). Although transitioning to this platform is no longer optional, it brings its own set of challenges — especially when it comes to comprehensively tracking the performance of your content.

For those who’ve grown accustomed to the straightforward metrics offered by its predecessor, GA4’s changes may initially seem like a step back. The interface and reporting features are markedly different, often requiring a steep learning curve.

Nonetheless, embracing GA4 is essential not only because Google is phasing out older versions, but also because it offers more nuanced differences and insights into user behavior.

Here’s a quick list of why we’ll all be using this updated platform:

  • Future-Proofing: Google has made it clear that GA4 is the future of its analytics platform. As the older versions are phased out, those not migrating will find their tools becoming obsolete and unsupported.
  • Data Collection and Event-Based Tracking: Unlike its predecessor, GA4 focuses on event-based tracking, which provides a more granular view of user actions on a website. This approach aids in tracking conversions and understanding the touch points that matter most to your audience.
  • Enhanced Reporting Features: GA4 introduces a more user-centric model which offers a comprehensive view of how users interact with a website across multiple devices and sessions. This holistic understanding can inform strategies and campaigns more effectively.
  • Better Integration with Google Ads: GA4 provides tighter integration with Google Ads, allowing marketers to build audiences and hone their advertising strategy based on richer data sets.
  • Improved Predictive Metrics: GA4 harnesses machine learning to offer predictive metrics. This helps in identifying potential high-value customers and understanding the likelihood of certain user actions.
  • Flexibility and Customization: With GA4, you have the ability to customize the data model to suit specific business needs. This flexibility ensures that analytics is more tailored and relevant.
  • Adaptability to a Cookie-less World: The digital world is gradually moving away from cookies due to privacy concerns. GA4 is designed with this in mind, providing a robust system that can work efficiently even as the reliance on cookies diminishes.
  • Enhanced Privacy Controls: With increasing emphasis on data privacy across the globe, GA4 provides better tools to help businesses comply with regulations like GDPR and CCPA. Users have more control over their data, and businesses can ensure they’re respecting these preferences.

While the transition to GA4 might seem daunting, the benefits it brings, particularly for clearer content marketing ROI, make it worth the effort.

Need help moving to GA4? Single Grain helps businesses transition their digital analytics operations from the older Universal Analytics platform to the newer GA4 platform without missing a beat.

The Quick and Dirty: UTM Parameters and Site Activity Tracking

In the case of content marketing, knowing which articles generate the most traffic, engagement or conversions is invaluable. GA4, however, may not provide all these details as transparently as you’d expect.

For instance, while you can track page views and user behavior, associating this data directly with ROI can be a tricky puzzle to piece together. This is particularly true when you aim to measure metrics beyond mere traffic, such as lead quality, customer acquisition costs, and customer lifetime value:

calculation-for-customer-lifetime-value

If you’re new to GA4 or working with limited resources, using UTM parameters is a quick hack to glean insights into your content’s performance. By tagging your URLs with specific markers, you can identify the source and medium of your traffic, even if it’s coming from external channels.

However, it’s important to note that this is more of a workaround than a comprehensive solution. UTM parameters are best suited for external tracking and should not be relied upon for an in-depth understanding of your content’s ROI.

So what’s the better alternative, you ask?

In tandem with UTM tracking, you can also configure software tools like Crazy Egg or HotJar to gauge which elements of your content people are most engaged with:

Image1

These and other tracking tools can help you discover how much of your content is being viewed, and which areas of your content users spend the most time.

A-B Test Your Content

You might think A/B testing is better reserved for social media posts and paid media ads by trying out different graphics and copy. However, you can apply A/B testing to other types of content as well like blogs, sales pages, your home page, and the like.

Start with your most popular pages and content pieces because they’re the low-hanging fruit ripe for testing. Change just one element on the page. Maybe its the color theme of the entire site. Maybe its the placement of your CTA. Or maybe it’s experimenting with the same content piece in both a long-form version and a short-form version (i.e., a 500-word blog post versus a a 1,500-word blog post).

Here’s a short rundown of how you might process an A/B test centered around a CTA on a landing page:

  • Identify High-Traffic Content: Look at analytics to find pages that attract the most eyeballs.
  • Implement CTAs: Add call-to-action elements, such as service offers, products or newsletter sign-ups.
  • Run the Tests: Compare different versions of CTAs to see which generate more engagement, leads or sales.
  • Roll Out the Winner: Once you’ve found the most effective CTA, implement it across all relevant content pieces.

Screenshot 2019 05 03 at 14.32.25

The beauty of A/B testing is its feedback loop with your CRM system. You can track not just where leads are coming from, but also which ones actually convert into sales.

A little bit of testing can heavily improve the quality of your insights when measuring your content marketing ROI.

Let Content Drive Revenue, Not Just Traffic

A/B testing is just one part of the equation. While it’s crucial to convert visitors into leads or sales, it’s equally important to identify what types of topics are driving the most revenue.

It’s important to make your content distinct enough that it can be easily tied back to your data. Not only does it help you stay organized, but it also gives you more options for content ideas.

Take an article discussing SEO, for example. If your beginner’s guide to SEO is raking in the dough, don’t just create a ‘newbie’s guide’ or ‘SEO for dummies.’ That would be like serving the same dish with different garnishes.

Instead, consider crafting content around subsets of that topic. In this case, you might write about “Global SEO Strategies” or “How to Build Quality Links Through Infographics.” This approach not only adds value but also avoids SEO cannibalization, where similar content competes for search rankings.

Also, the more specific your content is, the more you can focus more niche keywords and, subsequently, create more focused and unique UTM parameters to get a better sense of what type of content is attracting your audience to take action.

Focus on Reach Rather than Metrics

Before we get lost in the data jungle, let’s take a step back.

Remember the olden days of 2010, when Google Analytics provided organic keyword data? Times have changed, and not all is lost. AI tools and chatbot interfaces are getting smarter and more integrated. And they’re letting us ask direct questions to get immediate data insights — so no more waiting for the CFO’s report!

For example, with AI-driven tools like ThoughtSpot, one can pose direct questions like, “How many users visited my site last week?” or “Which product had the highest sales in July?” and receive immediate, visual answers. ThoughtSpot uses a search-driven analytics approach powered by AI, allowing users to search through their data with natural language queries and get insights instantly.

With this technological shift, it’s important to reassess what metrics really matter. Sometimes, the obsessive focus on granular measurement can take away from other valuable insights.

Platforms like LinkedIn and Twitter can provide a different kind of ROI, one that’s hard to measure but evident through customer engagement and reach. If you’re resonating with your audience, that’s a form of ROI that doesn’t always show up in spreadsheets.

The Bottom Line on Measuring Your Content Marketing ROI

Measuring content marketing ROI is both an art and a science, requiring a balanced approach of analysis and appealing to content demand.

Part of what will make your content a competent lead driver is by choosing compelling topics and executing on them better than anyone else does. It ought to be clean and focused with little to no deviation from your core competencies.

It can feel nebulous at times, trying to correlate your content to lead activity. That’s why we suggest that you pick one or two metrics to follow and only look at those metrics to guide your decisions and optimizations. If you consider too many data points, it will get muddy fast.

With that, you should have a firm base on which you can begin improving your own content marketing analyses and ultimately grow your ROI.

If you’re ready to maximize your ROI through strategic, data-driven marketing solutions, Single Grain’s marketing ROI experts can help!👇

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For more insights and lessons about marketing, check out our Marketing School podcast on YouTube.

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13 Jewelry Advertising Ideas to Increase Leads and Sales https://www.singlegrain.com/blog/jewelry-advertising-ideas/ Fri, 08 Sep 2023 15:00:52 +0000 https://www.singlegrain.com/?p=45193 Jewelry an incredibly profitable venture. But when more consumers demand more jewelry, the industry sees a lot of competition. These jewelry advertising ideas can inspire your next campaign. Investing in...

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Jewelry an incredibly profitable venture. But when more consumers demand more jewelry, the industry sees a lot of competition. These jewelry advertising ideas can inspire your next campaign.

Investing in a conversion-boosting advertising strategy is vital to your success. But where do you begin with your ad strategy? Here are 13 effective ideas for your jewelry ads for all advertising platforms.

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Why Invest in Jewelry Advertising?

There’s a reason why the global digital advertising industry is worth $626.86 billion today (and expected to hit over $835 billion in three years)

Advertising is no longer an option; since your competitors likely invest in online ads, the only way your jewelry store can keep up is if you create an advertising campaign, too.

Creating jewelry marketing and advertising campaigns can be daunting. There are numerous channels to use and different ad types you can create.

That’s why we compiled this list of jewelry advertising ideas. All these ad examples will help you attract more leads and boost sales.

3 Real-World Examples of Brands Successfully Using Jewelry Ads

Get inspired by these three brands who used jewelry ads to attract more customers, and then keep reading for 13 ideas for your own jewelry ads.

  • David Yurman is a high-end jewelry brand that has successfully used social media to market its products. The brand’s Instagram account has 587K followers, and its posts often feature stunning visuals of its jewelry paired with aspirational lifestyle images. David Yurman also partners with influencers to promote its products, and these partnerships have been very successful in driving traffic to the brand’s website.
  • Van Cleef & Arpels is another high-end jewelry brand that has had success with digital marketing. The brand’s website features a beautiful and interactive experience that allows users to explore its collections in detail. Van Cleef & Arpels also uses video content to tell the stories behind its jewelry, and these videos have been very popular on social media.

  • Bulgari is a luxury jewelry brand that has used a variety of digital marketing channels to reach its target audience, including eBay. The brand has run successful social media campaigns, as well as print and online advertising campaigns. Bulgari also partners with celebrities and influencers to promote its products.2007 Magazine AD BULGARI Fine Jewelry  ELISIA , Stunning blonde model ! 092222 - Picture 1 of 1

These are just a few examples of brands that have successfully used jewelry ads. By using a variety of channels and targeting their ads to the right audience, these brands have been able to reach their target customers and drive sales.

Key lessons from these examples:

  • Use high-quality visuals. Jewelry is a visual product, so it’s important to use high-quality images and videos in your ads.
  • Tell a story. People are more likely to connect with your brand if you tell a story about your jewelry. This could be the story of the design, the materials used, or the person who inspired the piece.
  • Target your ads. Not everyone is interested in high-end jewelry. Make sure you target your ads to the right audience so you’re not wasting your money.
  • Partner with influencers. Partnering with influencers is a great way to reach a new audience and generate buzz for your brand.

13 Jewelry Advertising Ideas that Work

The right ad can show off your glamorous jewelry, serve as fashion inspiration and educate leads. Here are 13 jewelry marketing ideas and for your ad campaigns to boost your sales and ROAS.

1) Lifestyle Pinterest Ads

70% of Pinterest users discover new jewelry products and brands on the popular social media website, making it one of the best places for jewelry marketing and advertising:

Screenshot of Iphone showing shop from search feature on Pinterest

Pinterest offers different solutions for advertisers, no matter your niche or goal. You can create numerous types of Pinterest ads, including:

  • Image
  • Video
  • Carousel
  • Shopping
  • Idea
  • Collections

Pinterest offers its own ads manager, and you can create your ads on your phone without special social media skills. You can better optimize your ads with demographic targeting, automation, keywords and interests, and you can even upload your list of new customers.

As one of the top visual-first social media platforms, jewelry companies should create ads that meet Pinterest’s users’ demands. For most users, this means lifestyle content with captivating visuals.

Lifestyle content looks more authentic since it shows the models or social media influencers doing daily activities. Customers can better picture themselves wearing your jewelry when seeing a lifestyle ad than a professional photo-op.

African jewelry brand MasaisandalsKe did this with their line of brass bracelets. In this photo, the user takes a picture of the bracelets with a cityscape in the background, and it looks authentic, not like a professional photoshoot.

Dive Deeper:
* Is Pinterest Still a Good Platform to Advertise On in 2023?
* Best Pinterest Marketing Agency: Top 5 Choices for 2023

2) Yelp Sponsored Results

Don’t forget the power of search engines. Local jewelry brands will want to invest in PPC, especially since 85% of people use search engines to find local businesses.

With PPC ads, you invest in keywords so that your website appears at the top of search engine results. Keyword examples may include “silver jewelry,” “jewelry business” or “jewelry store near me.” You only pay if a lead clicks your ad.

But don’t only put your advertising dollars toward Google; your audience may also use third-party local business directories and other search engines, such as Yelp.

Over 178 million people use Yelp monthly and access the popular directory website on all platforms, including their app.

As you can see, Yelp caters its SERPs to local businesses in certain regions, so your online jewelry store can easily boost website traffic with Yelp PPC:

Jewelry ads on Yelp

Plus, brands will see quicker results with PPC than other jewelry marketing tactics, such as organic search engine optimization (SEO).

Dive Deeper: Multi-Channel PPC Advertising Case Study: Boosting Your ROI

3) Stand-Out Product Photography on Google Shopping Ads

Shopping is a Google service that lists different products on the web. Google will take your listings from your jewelry website and display them as a search engine result. This is convenient since consumers can do online shopping without having to visit different online stores.

To top Google Shopping SERPs, you must optimize your products, specifically your images. Use high-quality photos in your jewelry marketing and advertising campaigns, because…

75% of buyers rely on product photos when purchasing items.

But it’s more vital to use great photos for Google Shopping ads. First, Google will host your ad next to other ads, so competition is fierce on Shopping. The right image will help your product stand out, and buyers will choose your jewelry over the competition.

You should also consider the attributes of the product. Is your jewelry high-priced? If so, use your photos to emphasize factors that make them expensive, such as gemstones. Is there a quality about your brand that stands out? Maybe your company specializes in making jewelry out of certain materials or in a niche style. If so, accentuate that in your product photos.

Dive Deeper: The Ultimate Guide to Restructuring Your Google Shopping Campaign

4) User-Generated Ads on Instagram

First, let’s define user-generated content and how it’s used on social media sites.

UGC is any form of content originally posted by customers. Brands can repost this content and use it in their advertising or marketing strategy (with permission, of course).

There’s a reason why 86% of brands post user-generated content. It builds authenticity and trust, converting and retaining more leads. Plus, UGC acts as social proof, securing your reliability as a brand.

There’s another reason why UGC ads are one of the best jewelry promotion ideas: You’ll save time and money. UGC content can be images, video, audio or even text, so you can use this content across all advertising platforms.

But since UGC content is so versatile, it works best on Instagram.

How can you encourage more users to submit UGC content? Ask users to share photos of them with your products. To make it easier to find the content, you can ask customers to use a specific hashtag.

Dive Deeper: 8 Ways to Encourage More User-Generated Content (UGC)

5) Target Your Audience on Facebook

With 3 billion monthly active users (MAU) as of January 2023, Facebook is the most popular social media network in the world.

Thus, jewelry companies should always invest in a Facebook advertising strategy – especially since the average CTR on Facebook is 0.89%.

Source: Zales Facebook Page

Even though Facebook can boost brand awareness, the platform has its issues. Currently, organic reach rates are 4.32%, so even your most loyal customers may not see your posts.

When creating a Facebook advertising campaign, you should cater to a specific audience:

  • Men make up 57% of all users on this platform.
  • But in the UK, 53.9% of users are women.
  • North America has the most Facebook users, followed by Latin America and Europe.
  • The millennial age group (25-34) is the most active on social media, especially 25 years-olds:

What do these statistics mean? Jewelry brands will have the most success targeting millennial-aged men in their jewelry ads, though jewelry brands in the UK will want to target women:

Jewelry companies have better luck advertising engagement rings or men’s jewelry.

These demographics are general and may differ between jewelry brands:

You can also track metrics on your Facebook business page, such as ad impressions, demographics, location, cost per result, engagements and result rate. These metrics will give you more insight into your audience.

Dive Deeper: Facebook Ads E-commerce Case Studies that Increased ROAS

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6) Explainer Videos

There’s no denying that video ads are integral to any advertising campaign.

Viewers retain 95% of information in videos, making this an effective jewelry marketing method.

Explainer videos are some of the most engaging video types; in fact, 77% of viewers will watch an explainer video for up to two minutes.

Explainers videos are any video that communicates how something works. These videos are very simple yet engaging, and you can post these video ads all over your advertising channels.

There are different topics you can use for explainer videos. You can explain something simple, such as how to measure your ring size.

The jewelry company James Allen Rings did this in a 55-second explainer video featuring a DIY way to find your ring size. They show the materials and steps with fun visuals and background music, keeping viewers engaged throughout the video.

Dive Deeper:
* How to Craft a High Converting Explainer Video
* Facebook Ads E-commerce Case Studies that Increased ROAS

7) Unboxing Videos for TikTok

TikTok’s unique landscape is one of the most effective video advertising mediums, especially for a jewelry business. TikTok revolutionized short-form, educational and entertaining videos, perfect for a jewelry shop that plans on using more video content in its advertising strategy.

Which is the best-performing video type on TikTok? Unboxing videos are the most recommended. TikTok users have viewed the #unboxing hashtag 45.4 billion times, so your jewelry brand can go viral on TikTok with these videos:

TikTok unboxing videos

Unboxing videos are especially popular during the interest phase of the sales funnel when customers compare brands. An unboxing video shows everything a customer can expect to receive in their package, and they also get a better view of your jewelry.

Plus, these videos are affordable and easy to create. Send your package to an actor or influencer and have them film the unboxing. Or the jewelry business owner can film the unboxing. Use some basic editing and background music, and you’re set!

Classievu does this perfectly:

This is a German accessory and jewelry store, and they offer many stylish unboxing and packing videos on their TikTok account.

Dive Deeper: How to Launch a TikTok Ads Campaign for E-commerce

8) Show Off Your Strengths on Etsy Ads

If you own a small jewelry business, Etsy is one of the best platforms to sell jewelry. In only two months, Etsy received 377.4 million visits.

They’re one of the biggest platforms for handmade jewelry, and buyers regularly shop on Etsy for products made by small business owners:

Etsy main jewelry page

However, many sellers are on the platform, which creates a lot of competition for a small jewelry store. When investing in an Etsy advertising strategy, you’ll want to show the factors that separate you from the pack.

First, advertise your best-selling products. If you don’t know your best-selling items, focus on the jewelry you won’t find elsewhere. These include personalized items or jewelry in specific niches. Your ad should have a high-res image and a compelling title, complete with plenty of keywords.

9) Special Occasion Ads

Like all e-commerce companies, a jewelry business will have slow and busy seasons, specifically holidays and special occasions. The holiday season is crazy for most e-commerce companies, and a jewelry store also sees more traction around Valentine’s Day and Mother’s Day.

To sell even more jewelry pieces, make ads specifically for these seasons. Offer a bonus, such as a percentage off your order or free shipping, to entice more customers to buy from your own website. This is especially true if you tend to sell your most expensive pieces during this period.

Your ad doesn’t have to include any special deals or even holiday-themed pieces. This ad by Brighton is subtle and still catches the eye:

Brighton jewelry holiday guide

Dive Deeper: 6 Holiday PPC Strategies You Need to Use to Convert More Customers

10) Feature Influencers

There’s a reason why the U.S. influencer market is worth $16.4 billion. Your customers trust jewelry influencers more than other brands, making influencer marketing an effective advertising solution.

When choosing an influencer, find one who promotes other products similar to your brand. If you sell jewelry made of diamonds and gemstones, you wouldn’t want to collaborate with an influencer that promotes wood jewelry! Ask them to photograph your product or feature your jewelry in a video. They should give their honest feedback about the jewelry item.

The content they post should match the item and your brand, as well as their brand. If you sell luxury jewelry, the influencer should show the quality of the jewelry item and anything that stands out, such as the gems or engravings.

Then, take this content and post it as a sponsored post. This way, your content not only reaches the influencer’s audience, but you’ll also increase your brand awareness with the boosted sponsored post. Since the influencer is creating the post, you don’t have to do the extra legwork in creating the ad.

A great example is the collaboration that the jewelry store Karen Suen Luxury Jewellry did with jewelry influencer Champagne Gem. Champagne Gem first shows clips of the bracelets, turning them so viewers can see how the sapphires and diamonds sparkle. Then, she shows a clip of her wearing the bracelets:

Dive Deeper: Influencer Marketing Strategy: The Ultimate Guide to Growing Your Business with Brand Partnerships

11) Mention Brand Ethics

The jewelry industry has many ethical concerns, specifically with diamonds. Sourcing diamonds has many human rights concerns, specifically blood diamonds. Mining diamonds also has environmental problems, such as water pollution and habitat destruction.

Your consumers know these issues and want to ensure that they can support a jewelry business with an excellent reputation. If you’re selling jewelry online, mentioning your brand ethics in your advertising is a key way to build trust.

Vrai did this with their video advertisement, “The Fifth C, Conflict-Free.” In this video, Vrai explains they can trace back the source of every diamond.

Vrai’s diamonds are grown using solar power, which solves many environmental concerns. Their diamond mining process is also free of human rights issues, so consumers can relax knowing their diamond purchase is ethical.

12) Capture Emotions

It’s easy to capture emotions in a jewelry advertisement. After all, jewelry is the perfect gift for sentimental times!

Engagements are the perfect example. An engagement ring is more than a luxurious jewelry piece, it’s a promise to be together forever. When advertising your engagement rings, capture the “big moment” and inspire an emotional response from your viewers to boost jewelry sales.

Jewelry online store Blue Nile has a YouTube series called “Blue Nile Love Stories,” where they interview real couples who participated in their love campaign:

The videos are all very short – about 15 seconds – and feature many shots of the couple and their engagement ring.

13) Advertise to Every Sales Funnel Stage

While jewelry businesses may focus on growth in advertising campaigns, understand that leads are at a different phase in the marketing funnel. To truly expand as a business, you should focus on nurturing your target audience down the sales funnel. The best way to do this is to advertise your jewelry products to attract different leads.

Certain advertising tactics work better for each stage of the sales funnel:

  • Awareness: educational advertising (such as explainer videos)
  • Interest: social media advertising
  • Desire: emotional advertising
  • Action: encouraging them to make a sale, such as promoting a discount
  • Loyalty: retargeting advertising

Marketing-Funnel_AIDA Stages

Jewelry companies should run these ads across social media and Google to ensure they target as many leads as possible.

Dive Deeper: What’s the Right Content for Each Stage of the Marketing Funnel?

Use These Jewelry Advertising Ideas in Your Next Campaign

Jewelry is a timeless gift and a great way to spoil yourself. That’s why jewelry brands have so many advertising options. Use any of these jewelry advertising ideas to convert leads and increase sales.

As a jewelry brand, you’ll want to advertise on different social media platforms and get creative in your campaign, and there may come a time when you’ll need help from a professional.

If you’re ready to grow your jewelry businessSingle Grain’s PPC experts can help.👇

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6 Tips for Content that Converts High-Ticket Enterprise Customers https://www.singlegrain.com/blog/ms/content-that-converts/ Thu, 07 Sep 2023 18:59:47 +0000 https://www.singlegrain.com/?p=49788 So, you’re trying to grow your B2B business with big-ticket deals, but you’re having trouble cultivating the right content that converts the prospects you need. If you think you need...

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So, you’re trying to grow your B2B business with big-ticket deals, but you’re having trouble cultivating the right content that converts the prospects you need.

If you think you need to generate a ton of viral content and act like you’re bigger than you are, you might be surprised to hear that’s not the best course of action. The key to attracting those enterprise customers is in highly specialized content that doesn’t cater to the masses.

In this post, we’ll go through six simple tips to help you realign your marketing approach by developing content that converts large enterprises.

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1) Stop Trying to Go Viral

Once upon a time, the goal of any burgeoning content marketer was to craft content that could go viral.

Viral content can make you the talk of the virtual town, putting your brand on the map in a big way. You may have tried this approach yourself, creating flashy infographics or punchy articles with the latest hot take about your vertical, all in the hope of getting noticed.

And it’s true that such posts may garner lots of clicks and even earn mentions on reputable platforms. But don’t forget:

Popularity is not the same as profitability, especially when it comes to high-ticket sales in a narrow market.

For one thing, virality is largely unpredictable. Just as you can’t predict which movies will be blockbusters or which novels will be best sellers, there’s no secret sauce to making your content universally appealing.

But, more importantly, what’s the point of having millions of eyes on your content if none of those people are actually interested in what you have to offer?

A more vital question to ponder is: Are your ideal customers — those capable of buying your product or service — engaged with your content? Or is your content so generalized that it’s not answering the highly concentrated query of enterprise-level decision-makers?

This is where your content wheel might need to pull a 180 and center its focus on the type of people that you’re truly going after. Which leads us to….

2) Know Your Enterprise Customer

If you’re reading this article, it’s highly probable that you’re part of a B2B company that’s aiming to captivate the attention of larger clients and bigger deals.

These corporate titans, with C-suites that dwarf entire small-scale businesses, are on a relentless quest for value. Their Chief Marketing Officers are in pursuit of actionable insights, innovative solutions and forward-thinking strategies that address their intricate, industry-specific challenges.

To not just compete but dominate in this competitive sphere, you must adopt a proactive approach. As a marketer and leader, it’s imperative to conduct thorough research and employ data-driven analytics to discern the pressing issues your eligible prospects are on the lookout for.

So you must craft content that doesn’t just capture attention, but also solves problems, spurs action, provides valuable insights.

It’s not about casting a wide net, it’s about precision targeting.

Content meticulously designed for a distinct niche not only resonates more but often yields the most substantial customer lifetime value (LTV):

customer-lifetime-value

Equip yourself with this knowledge, and you’ll be poised to make impactful strides in the B2B realm.

3) Master Niche Content

You’ve likely heard the adage, “The riches are in the niches.” But don’t misconstrue this; niche doesn’t mean small or insignificant.

Niche means honing in on a specialized segment of the market — those fewer in number but higher in spending power. For example, a meticulously researched and highly specific niche article can pave the way for lucrative contracts and long-term partnerships. It’s because those few focused readers will start to see you as a key player in your vertical with specific answers to their specific questions.

That’s the kind of content that doesn’t just attract attention, it commands it. It has to be solution-oriented content that doesn’t merely muse about a subject superficially. In some cases, your content might be a linkable asset that garners attention from potential customers who find it helpful. That asset can be the doorway toward a bigger relationship with that entity.

Here are a few examples of such assets that can make content that converts:

  • Industry White Papers: These are comprehensive reports that address specific issues, trends or challenges in a particular industry. For instance, a white paper on “The Future of Renewable Energy in Southeast Asia” would be invaluable to businesses in that sector.
  • Interactive Tools & Calculators: For industries that deal with numbers, such as finance or real estate, an interactive ROI calculator or mortgage estimator can be a game-changer. It offers immediate value to the user and positions your brand as a helpful resource.

SG Marketing Impact Calculator

  • Webinars and Masterclasses: Offering in-depth training sessions on niche topics can establish your brand as a thought leader. For example, a masterclass on “Advanced AI Algorithms for Healthcare” would attract professionals in the intersection of tech and health.
  • E-books and Guides: These are detailed resources on specific topics. An e-book on “Organic Farming Techniques in Arid Regions” would be a treasure for farmers in such areas.
  • Infographics: Visual content that breaks down complex data or processes into an easily digestible format. An infographic detailing “The Lifecycle of a Plastic Bottle” would be of interest to environmentalists and businesses in the recycling sector.
  • Podcasts and Interview Series: A series where industry experts discuss niche topics can be a goldmine of insights. A podcast focusing on “Innovations in Urban Farming” would cater to a specific audience interested in sustainable city living.

There’s no real formula for this stuff. That’s what makes it niche. It requires that you drill down on an esoteric idiosyncrasy of your industry and be not just another voice commenting on it but the best at it.

By creating such tailored content, you’re not just sharing information, you’re building a bridge, a connection, a potential partnership. It’s these niche assets that often pave the way for deeper, more meaningful business relationships.

4) Combat the FUD Factor

Fear, uncertainty, and doubt (FUD) are powerful emotions that can significantly influence decision-making, especially in the B2B realm.

One common reason high-value prospects might hesitate or even dismiss potential solutions is the perception that a business’s offerings are too narrow or simplistic. While it’s essential for your product or service to be robust and multifaceted, it’s equally crucial for it to be presented as both credible and easily understandable.

Consider the launch of a new SaaS platform. Potential clients might be intrigued but also overwhelmed, unsure of its implications or how it fits into their existing workflows.

For example, when Slack first introduced its team collaboration tool, many businesses were accustomed to traditional email communication. Slack addressed this FUD by offering clear tutorials, case studies and webinars, clearly demonstrating not only the platform’s ease of use but also its transformative potential for team productivity:

Screen Shot 2018 09 28 at 9.42.52 PM

To resonate with your target audience, you must adopt a similar strategy. Showcase your product or service in a manner that’s both accessible and compelling. Emphasize its unique features and benefits, underscoring that it’s not just another off-the-shelf solution but a game-changer in its domain.

By highlighting its distinctiveness and addressing potential concerns head-on, you’ll position your offering as both trustworthy and unparalleled, dispelling any lingering doubts in the minds of potential clients.

5) Leverage MoFu and BoFu Content

Don’t underestimate the power of middle-of-the-funnel (MoFu):

graphic showing MOFU middle of funnel content stage

And bottom-of-the-funnel (BoFu) content:

graphic showing BOFU bottom of funnel content stage

Writing articles that tackle comparisons like “solution A vs. solution B” or “Best Alternatives to XYZ” could resonate more with enterprise-level decision-makers. The objective here is to align your content with the real needs and questions that these companies have.

When they see you’ve put the effort into comparing a wide pool of options for them, they’ll regard you as an entity with voice and authority on topics pertinent to them!

6) Balance Quality vs. Quantity

You might have noticed that focusing on viral, mass-appeal content may bring eyeballs and even clicks, but not necessarily the right kind of engagement or conversion rates.

For instance, imagine launching a marketing campaign that garners a million views, but only a minuscule percentage of those viewers resonate with your brand or product. The numbers might look impressive on paper, but the return on investment remains low.

Conversely, crafting content that’s meticulously tailored to a specific audience might not break the internet with its reach, but it’s designed to resonate deeply with its intended audience. This approach might yield fewer initial clicks, but the engagement is genuine. These are the users who linger on your site, explore your offerings and, ultimately, become loyal patrons.

For example, a niche tech company specializing in cybersecurity solutions for healthcare institutions would benefit more from a detailed white paper addressing specific challenges in medical data protection than from a generic article on “Top 10 Cybersecurity Tips.” The former might attract fewer readers, but they are the decision-makers in healthcare institutions looking for specialized solutions.

In essence, it’s about understanding the difference between mere visibility and valuable engagement. The goal isn’t just to be seen, but to connect, resonate and convert. By striking the right balance between quality and quantity, businesses can ensure that they’re not just reaching an audience, but the right audience.

Summary: Tips for Content that Converts Enterprise Customers

When creating content, it’s very easy to get sidetracked by the glitz and glamour of virality. But if it’s enterprise clients that you’re after, it’s time to switch gears.

If you want content that converts, focus on crafting strategic, niche content that genuinely solves problems for your targeted audience. Stay focused, and build your content strategy around being the final authority that prospects look to for answers.

If you do, you’ll be amazed at the types of deal sizes you can lock down!

If you’re ready to level up your enterprise with content that converts, Single Grain’s enterprise marketing experts can help!👇

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For more insights and lessons about marketing, check out our Marketing School podcast on YouTube.

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Why We Prefer In-Person Over Remote Podcasting Recording https://www.singlegrain.com/blog/ms/remote-podcast-recording/ Thu, 07 Sep 2023 17:00:18 +0000 https://www.singlegrain.com/?p=49780 These days, everyone does remote podcasting recording. That’s what the Internet is all about, after all. But have you ever asked yourself what makes some podcasts skyrocket in popularity while...

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These days, everyone does remote podcasting recording. That’s what the Internet is all about, after all.

But have you ever asked yourself what makes some podcasts skyrocket in popularity while others just kind of drift away?

Is it the content? The marketing? Or something more intangible, like energy and chemistry? While all of those carry weight, we’re aiming our crosshairs on the most humane aspect of podcasting: doing a podcast in person versus virtually.

Let’s dive into the advantages that come with in-person podcasting and why it’s almost always superior to remote podcast recording.

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The Marketing School Podcasters

Take, for example, the co-hosts of the Marketing School Podcast, Single Grain’s own Eric Siu and Neil Patel from NP Digital:

Marketing School podcast home page

They were fortunate enough to get together for an in-person podcast after doing virtual recordings for three years. When they met in person to record a podcast, they felt a renewed sense of energy that they simply couldn’t replicate in their online sessions. It completely boosted the way they interacted with each other.

When they met face to face, both Eric and Neil noted a significant shift in the content’s quality — especially in the storytelling department. They weren’t just recording, they were engaging, vibing off of each other. And, in doing so, creating richer narratives.

Why? Because they were right there, sharing the same physical space.

Think about the best conversations you’ve ever had. Weren’t most of them in person? There’s a natural flow to a face-to-face interaction that a digital interface just can’t replicate. It’s not rocket science, it’s just basic human connection 101.

Say Goodbye to Digital Fatigue

Are you familiar with the term Zoom fatigue? You know, that sluggish feeling you get from back-to-back online meetings and virtual interactions.

Now think about the energy you experience when you’re in a room full of people, seeing more than just their head and shoulders, and feeding off their collective energy.

Night and day, right?

Now, it may partly depend on how you are energized on an individual level, but for the most part, online meetings can be draining. In-person interactions do the exact opposite — they energize you.

By the way, if you must continue to interact online, check out this article 9 Proven Ways to Reduce Zoom Fatigue When You Just Can’t Get Out of a Meeting:

9 Proven Ways to Reduce Zoom Fatigue When You Just Can't Get Out of a Meeting

The Relationship Multiplier

Digital communication tools have made it easier than ever to connect with people around the globe. That’s true. But there’s something ineffable about in-person interactions that cannot be replaced by pixels and Wi-Fi signals.

Podcasting offers a unique window into this truth. When you’re sitting across from someone — seeing their facial expressions and noticing the nuance in their voice or the twinkle in their eye as they discuss a passion project — the connection transcends mere information exchange. It becomes a genuine relationship, a bonding experience that can often lead to long-lasting friendships or professional partnerships.

Marketing School mic technique

One might argue that online interactions also offer opportunities for meaningful dialogue. But there’s something tactile about real-world experiences that simply can’t be replicated digitally.

The Nuances of Body Language

The beauty of face-to-face interactions lies in the myriad of non-verbal cues that communicate so much more than words ever could:

In podcasting, where the auditory medium naturally emphasizes spoken content, you might think that body language and facial expressions are less relevant. But don’t be fooled.

A huge part of creating synergy in a podcast involving more than one person relies on how those individuals are able to interact with each other. The moment you throw internet latency, bad picture quality, out of sync audio and visual, and other technical hiccups into the mix, it can severely suppress the opportunities for quick-witted banter and the ability to pick up on things like sarcasm.

Ever noticed how someone leaning forward can draw you in, making you more engaged and focused on what’s being said? Or how a relaxed posture might signal comfort, ease or agreement? These cues add layers to a discussion that are hard to perceive through an audio recording alone. They add richness, contouring a conversation with hidden subtexts that are both intriguing and instructive.

In fact, non-verbal cues are so important to overall understanding that the FBI has experts in this field:

 

When you’re sitting across from your podcast guest or co-host, these little cues provide real-time feedback that you just can’t get through a screen. They tell you when you’re onto something engaging or perhaps when you’ve hit a nerve. This immediate feedback allows for course corrections on the fly, making the conversation more dynamic and responsive to the moment.

When a conversation takes place in person, it’s as if an entirely new, unspoken language comes into play. And this “silent symphony” has a profound impact on the quality, depth and even the outcome of a discussion.

The Entertainment Value of In-Person Podcasts

In-person podcasts have a greater propensity to be binge-worthy. Not only does the conversation become more riveting for the speakers, but it also becomes more enjoyable for the listeners, especially when the podcast is video recorded.

When you think of any talk show, they’re basically video-recorded podcasts that have a flair of entertainment beyond just words. It’s the reason why shows like Between Two Ferns with Zach Galifianakis thrive off both the dialogue and the visual aid:

Image1

Although talk shows are formatted differently than podcasts, the added value of visuals still rings true for podcast listeners.

From One Creator to Another, Here’s What You Should Do

There are plenty of reasons that podcasting in person is still vastly better than remote podcasting recordings — at least for now in our current age of technology. Maybe one day streaming technology will become so advanced that all these points we’ve brought up will have solutions in a virtual setting, but not yet.

Until then, take these tidbits with you when weighing the quality of your own podcast output:

  • Upgrade Your Storytelling: The narrative style is richer when you can react to each other’s emotions and body language.
  • Beat the Fatigue: Consider the weariness your audience feels after long hours on the computer. Offer them something that feels more ‘live’ and refreshing. In-person podcasts also change up the scene so people aren’t seeing the same old backgrounds over and over again (for those podcasts that are also on video).
  • Strengthen Your Network: In-person podcasting can turn guests and collaborators into long-term partners or friends.
  • Non-Verbal Communication: Enhance your podcast’s depth by making room for unspoken but palpable human elements.
  • Elevate Entertainment: Make your podcast not just informative, but also a delightful experience to consume.

So, the next time you’re setting up your podcasting schedule, consider the untapped potential of in-person sessions. It might just be the golden ticket to taking your podcast from just another show to a memorable, transformative experience for both you and your listeners.

If you’re ready to amplify your brand’s voice, Single Grain’s podcast marketing experts can help!👇

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For more insights and lessons about marketing, check out our Marketing School podcast on YouTube.

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Webinar ROI: The Overlooked Goldmine for Lead Generation https://www.singlegrain.com/blog/ms/webinar-roi/ Thu, 07 Sep 2023 15:00:58 +0000 https://www.singlegrain.com/?p=49766 Webinars may sound very 2010 to you, and you likely doubt that webinar ROI is anything to write home about, but don’t be so quick to dismiss them. Whether you’re...

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Webinars may sound very 2010 to you, and you likely doubt that webinar ROI is anything to write home about, but don’t be so quick to dismiss them.

Whether you’re a big-shot agency or a small business trying to make a mark, webinars are still a potent tool for generating high-quality leads. It just takes a different approach today than it did ten years ago.

In this post, we’re going to break down how to secure positive webinar ROI in 2023 and beyond to build buzz around your brand, ultimately building lasting relationships and landing large-ticket deals.

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Wait, Aren’t Webinars Antiquated?

Webinars may appear to be an outdated tactic. In a digital landscape brimming with short-form TikTok clips and Instagram Reels, you might wonder: Do people still have the patience for a 60-minute presentation in which no performs The Floss dance?

The short answer is yes, a lot of them do, especially when the content is hyper-specific and targeted.

Thrive My Way shows us some of the main ways that businesses are using webinars in 2023 and the data that supports their continued use:

Image2

It’s tempting to think that in our age of instant gratification, people wouldn’t sit through anything that lasts more than two minutes. Yet, the reality is more nuanced.

It’s true that attention spans are shorter overall, but they expand remarkably when people are genuinely interested in a topic.

It’s the difference between mindlessly scrolling through your social media feed and getting engrossed in a page-turning novel. When a webinar hones in on a topic that resonates with a specific audience, time becomes less of a factor.

We see this manifested in other areas, too, like binge-watching entire seasons of a series. When people find value in something, they are willing to invest their time.

So, let’s set the record straight: Webinars aren’t “old school” so much as they’re a classic example of the timeless principle of quality over quantity. When done well, webinars can command attention and engage audiences, proving that they are not just surviving but thriving in the modern digital ecosystem.

Webinars: Quality Over Quantity

The trick when it comes to webinars isn’t volume. It’s concentration.

Your aim shouldn’t be to fill every virtual seat, it should be to attract the right people to attend — or possibly not even attend, depending on how you’ve structured your sales funnel. (More on that in a bit.)

For example, Neil Patel’s agency, NP Digital, talks about how a big chunk of your efforts with your webinar should be promoting it to the most qualified recipients of your information:

Image1

He is a strong proponent of factoring in the buyer persona with how you promote your webinar.

Creating the ideal persona for your webinar audience means identifying those most likely to engage with it enthusiastically. In other words, you’re targeting those eager to discuss your relevant product or service offerings.

The guiding principle here is be specific. Whether it’s about dealing with a cookie-less world or understanding the changes in AI and paid advertising, when you focus on specialized, enterprise-based topics, you increase your chances of attracting qualified leads to your webinar.

Partner Webinars: Yay or Nay?

Partnering with another brand to host a webinar is the epitome of the win-win situation.

With webinars, both brands can showcase their expertise, draw from each other’s audience pool, and even share the costs of promoting and hosting the event. The core idea is synergy, the belief that the partnered webinars are greater than the sum of their parts.

Here are a few reasons why joint-effort webinars can be mutually beneficial for all involved:

  • Expanded Audience Reach: Hosting a webinar on your own is a great way to engage your existing audience, but a partner webinar enables you to tap into a brand-new community interested in the same subject matter. Essentially, it’s like cross-pollination for digital audiences.
  • Enhanced Content Quality: Two heads are better than one, right? When experts from two different companies combine their knowledge, the depth and breadth of the content can be incredible. This brings fresh perspectives and rich insights into the discussion, raising the overall quality of the webinar.
  • Credibility Boost: Having another industry expert vouch for your expertise not only validates your brand but also enhances your credibility. The mutual endorsement adds an extra layer of trust, making the audience more receptive to both brands’ messages.
  • Resource Sharing: Whether it’s the cost of the webinar platform, promotion or time spent preparing, sharing resources can make a lot of sense. You can pool financial and human resources to produce a higher-quality event that neither could accomplish alone.

Let’s take a hypothetical case of a cybersecurity company partnering with a data analytics firm to host a webinar on “Secure Data Management in 2023.” The cybersecurity company brings its expertise in protecting data, while the data analytics firm contributes with insights on how to effectively manage and leverage that data. The end result is a comprehensive webinar that offers a 360-degree view of secure data management, attracting attendees who are clients or followers of both companies.

But of course, it’s important to remember the key to a successful partner webinar: choosing the right partner.

Aim for a brand that complements your offerings and shares your target audience, but isn’t a direct competitor.

The Role of Audience Size

The size of your email list is significant, but it’s not the ultimate measure of success.

Imagine one company with a massive email list consistently drawing in a thousand or more attendees for each webinar. Now imagine another company with a more modest list, attracting a steady 150-200 attendees, particularly when leveraging partnerships.

The takeaway here isn’t the disparity in list size, it’s the level of engagement.

Whether your list is just starting to grow or has reached mature numbers, the focus should be on driving targeted traffic, either organically or through strategic collaborations.

Post-Webinar Engagement

The real game begins after the webinar ends. Remember when we said it was important to attract the right people to your webinar, regardless of whether or not they even attend? Well, that’s where post-webinar follow-ups can be the linchpin in your strategy.

Webinars are a mix of marketing and sales. Marketing creates automation sequences, while sales initiate the actual conversations. A proactive sales team can be the difference between a one-time attendee and a long-term customer. It’s obvious that you should reach out to attendees of the webinar and strike up a dialogue with them about how you can help them.

But there can be as much, if not more, value in connecting with absentee registrants.

What would it look like if you were to design a specialized email tailored for people who didn’t attend your webinar? You could just tell them, “Hey, we have this pretty cool message that we think you’ll get a lot of value from watching.” Or you could present an abbreviated alternative.

Think of it like this: “Hey there! We’re sorry we missed you at our XYZ webinar, but if you’d like the lowdown of what we covered, I can give you the cliff notes during a quick five-minute call.”

This simple hook can make the difference in compelling people who were initially intrigued by your webinar but couldn’t devote the time to actually attend it. But when they learn that they can get all the value from the webinar packed into five minutes, it becomes a much more practical idea for them. That’s what you’re trying to accomplish in the post-webinar shuffle.

Last Thoughts on Webinar ROI

So, before you discount webinars as a thing of the past, try giving them another thought.

If executed well, they can be a really strong lead driver for your business. Not to mention that a single webinar can be repurposed into more content, whether it be short-form videos that you can post to your social accounts or adapted into a blog post. So even if the attendance was seemingly low, you can still make ample use of the material you covered in your webinar.

Don’t forget, the key to turning a lead into a customer is a well-thought-out strategy — before, during and after the webinar.

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For more insights and lessons about marketing, check out our Marketing School podcast on YouTube.

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Does Offline Advertising Still Work? https://www.singlegrain.com/blog/ms/offline-advertising/ Wed, 06 Sep 2023 20:55:28 +0000 https://www.singlegrain.com/?p=49762 In an age dominated by digital marketing, the effectiveness of offline advertising poses a fascinating question. If you’re a skeptic who believes that offline advertising is a relic of the...

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In an age dominated by digital marketing, the effectiveness of offline advertising poses a fascinating question.

If you’re a skeptic who believes that offline advertising is a relic of the past, think again. After all, reputable brands wouldn’t be doing it if it didn’t work.

In this article, we’ll go through some current examples of how offline advertising still has a place in today’s marketing world.

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What Do We Mean by Offline Advertising?

We’re not talking about offline conversions commonly featured in most social and paid media platforms. We’re talking about old-school traditional marketing material.

Offline ads are traditional forms of advertising that don’t live on a digital platform. That could mean billboards on the highway, posters in the subway, those full-page spreads in magazines, and even the radio jingles you hate to love (or love to hate?).

They’re the kind of ads that you encounter when you’re out living your life in the “real world,” away from the screens. Don’t tell me you could ignore a billboard like this:

cannabis-billboard-2

These ads may seem like dinosaurs in the age of digital marketing, but they’re actually far from extinct. Whether it’s because they catch our eye while we’re stuck in traffic or provide some food for thought as we wait for our flights at the airport, offline ads still manage to connect with us in a world increasingly dominated by online interactions.

Where Do You Use Offline Advertising?

Remember when you last dashed through an airport and saw those billboards emblazoned with HSBC or some cryptocurrency exchange?

HSBC

Did it ever make you wonder if such an advertising approach is effective? Well, it is:

  • 73% of frequent fliers say they take the time to read airport advertising messages.
  • 83% notice airport advertising with 3/4 associating airport advertising with high-quality brands.

So, what’s the secret sauce? you might ask.

Well, it comes down to a simple yet profound marketing principle – know where your target audience is present:

  • If your target audience is primarily college-age individuals, then universities would be the perfect placement for an ad.
  • If your target audience does a lot of air travel, then the airport is your best bet for your ads.
  • If your target audience consists mainly of fitness enthusiasts, then gyms and health clubs would be ideal locations for your advertisements.
  • If your target audience is parents with young children, then placing your ads in daycare centers or pediatrician offices would be highly effective.

So much of knowing what placement will garner the most qualitative attention is in knowing the space where your audience frequents.

From Billboards to Digital Spaces

So does this conversion power extend beyond airport terminals and highways?

Offline advertising, contrary to what some may think, is far from defunct. Instead, it’s evolving and merging into the digital landscape. Take digital billboards, for instance. These are the next-gen offline ads that can be purchased online, allowing businesses to get the best of both worlds.

New York’s Time Square is a perfect example of digital billboards:

But you can also find these digital billboards, or digital signage, on bus shelters, doctors’ offices or other professional offices

ScreenCloud Post

Gas station pumps and more…

A gas station digital signage shows an advertisement on the pump top

The idea here isn’t to ignite a war between online and offline advertising; rather, it’s to stress that conversion is the key metric in both realms. It’s essential to note that not all ads will work equally well, irrespective of the medium. Success hinges on multiple variables: target audience, creative design, location and, of course, price tag.

Have you ever scrolled through your social feed and stumbled upon an ad that seemed vaguely familiar? Maybe you shrugged it off, thinking déjà vu’s playing tricks on you. But then, as you drive down the highway or hop on a train, you see the same ad. You do a double take.

That moment, folks, is the essence of a well-executed blend of offline and online advertising. The overlap isn’t coincidental — it’s orchestrated. It’s also called omnichannel marketing:

Omnichannel

When the same message or branding captures someone’s attention in both the digital landscape and the real world, it triggers a sense of familiarity. The consumer is left thinking, “Hmm, if these guys are everywhere, they must be legitimate.” And that’s when they start to regard your brand as credible.

Don’t Let AI Dictate Your Offline Advertising Strategy

If you can use AI to help you create digital content, why shouldn’t you use it to create offline content?

Here’s why you shouldn’t.

While AI can do wonders for your campaign, there’s also a downside. Many businesses are falling into the trap of Me Too campaigns — no, not the recent social movement, but the phenomenon where ads tend to blend into the crowd due to the generic use of AI tools.

It’s like playing a round of ‘Where’s Waldo?’ where every character looks like Waldo. You don’t want your campaign to be a part of the blur, do you?

That’s why it’s crucial to apply original creativity to any offline advertising campaigns that you attempt.

Not only that, but digital content is easier to adjust. A published blog piece can be changed and an AI-assisted social media post can be rewritten. All of that is harder to do with tangible marketing assets. (And by harder, we mean impossible unless you have them remade or reprinted from scratch.)

In the end, traditional marketing assets ought to be given more thoughtful, organic attention than you would your normal, periodic online content, largely for the reason that traditional marketing is a lot more difficult to manipulate during a campaign.

Last Words on Offline Advertising

So, does offline advertising work? It absolutely can, but with these caveats:

  • Know Your Audience: Target the spaces where your potential customers hang out. If they’re business travelers, you know where to find them.
  • Conversion Is King: The medium may change, but the metric stays the same. Aim for a high conversion rate, whether it’s digital or offline.
  • Get Creative: Whether you’re targeting IT experts or stay-at-home parents, creativity goes a long way. Use storytelling to break through the monotony.
  • Beware the AI Trap: Unique campaigns and content stand out. Don’t let AI tools dictate a generic campaign that blends into the background.

To sum it up, offline advertising is far from outdated; it’s simply evolving.

So, the next time you spot an ad at the airport or anywhere else, maybe give it a second glance. Who knows, you might just find yourself inspired to rethink your own marketing strategy!

If you’re ready to level up your ad campaigns (with or without AI), Single Grain’s paid ads experts can help!👇

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For more insights and lessons about marketing, check out our Marketing School podcast on YouTube.

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How to Grow Your Facebook Group from 0 to 10K Members Without Spending a Dollar https://www.singlegrain.com/blog/how-to-grow-your-facebook-group-from-0-to-10k-members-without-spending-a-dollar/ Wed, 06 Sep 2023 18:00:28 +0000 http://www.singlegrain.com/?p=23433 Updated September 2023. In the world of social media marketing, a Facebook Group is a powerful tool for building a community and promoting your brand. After the Facebook algorithm update...

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Updated September 2023.

In the world of social media marketing, a Facebook Group is a powerful tool for building a community and promoting your brand.

After the Facebook algorithm update that deprioritized brand content several years ago, Groups have become even more important for connecting with your followers.

However, growing a Facebook Group from scratch can be a daunting task, especially if you don’t have a budget for paid advertising. But fear not, because it’s absolutely possible to build a thriving Group without spending a dollar!

Whether you’re a small business owner, a marketer or a community manager, these tips will help you increase your Group’s visibility, engagement and member base. We’ll show you how to grow a Facebook Group from 0 to 10,000 members using proven strategies that don’t require any money.

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What Is a Facebook Group?

A Facebook Group is a place where an online community can come together to engage on a shared interest, whether that’s a cause, an issue or an activity. A Group is not the same as a Facebook Page (aka Facebook Business Pages), which was designed to be the official Facebook presence for brands, business and celebrities.

For example, let’s say you’re a fan of the Netflix show Stranger Things. If you want to keep up to date with the latest information about the show, you’d connect with the official Facebook Page:

Stranger Things TV show FB page

Alternatively, you could join a Stranger Things Facebook Group to chat about what’s happening on the show with fellow fans:

Stranger Things FB group

There’s one other key difference. Whereas Facebook Pages are automatically public, meaning that anyone can see them, Groups can be set up in one of three ways:

  • Publicly Available: Anyone can join.
  • Administrator Approval: The Facebook Group admin reviews applications to join and decides whether or not to approve them.
  • Private Group: Group membership is by invitation only.

The Benefits of a Facebook Group Page

You might already be posting regularly on LinkedIn and other social networks, alongside a host of paid and organic search activity. So, what’s so special about having a Facebook Group? Why should you be paying attention?

Well, the numbers speak volumes:

  • More than 1.8 billion people use a Facebook Group every month.
  • There are over 70 million admins and moderators running active Groups.
  • More than half of all users are in five or more Groups.
  • The median number for Groups ranges from 25 to 100 people (in this particular survey).
  • 77% of people surveyed say the most important group they’re part of now operates online:
Image7

Fun fact: In 2018, Zuckerberg said he wanted to see the number of users in these Groups climb to one billion by 2024. He reached that goal more than one year early!

Practically speaking, they’ve become a necessity for brands on Facebook since the site tweaked its algorithm at the start of 2018 to promote more social media posts from family and friends and less commercial content. This move limited the reach of organic posts from businesses, forcing them to choose between investing more money in Facebook Ads or building a vibrant Group to continue reaching their target audience on the platform.

Below are the top benefits of having a Facebook Group:

  • Generates Better Engagement: Facebook Groups have far better engagement than fan pages and can create an active community centered on your products or services. If you’re anything like us, you’ll regularly interact with half a dozen or so Groups for exclusive content or just for a feeling of community with other members. They can be professionally focused, hyper-locational, service-based or related to your hobbies and interests.
  • Helps You Connect With People Sharing Similar Interests: Facebook Groups are created around specific topics, niches, hobbies, industries or causes that might not have a large presence on other social media platforms. By joining or creating a Group, you’re likely to encounter individuals who are experts, enthusiasts or professionals in the field.
  • Makes It Easier for You to Share Important Announcements: Group posts often appear prominently in members’ feeds, increasing the likelihood of your announcement being seen. Besides, announcements within the Group don’t get lost in the noise of a general feed. Group members are more likely to pay attention to content that’s relevant to their interests.
  • Helps You Get Quick Feedback: Facebook Groups foster open communication and encourage members to share their opinions. They also let you create polls and surveys to collect structured feedback. Polls are quick and easy for members to respond to, making them a useful tool for gathering insights.
  • Offers Networking Opportunities: Groups can serve as virtual networking events. You can connect with professionals, experts and peers in your industry or field. Networking opportunities within a Group can lead to collaborations, partnerships and even job opportunities.
  • Helps You Create a Fan Base: As you engage with new Group members and consistently provide valuable content, you can attract a loyal following. These enthusiastic members can become your advocates, spreading the word about your brand or content and contributing to the growth of your fan base.
  • Enhances Visibility for Your Content: Facebook’s algorithm tends to prioritize content from Groups in users’ news feeds. This means that posts from Groups are more likely to appear prominently in members’ feeds compared to posts from personal profiles or Pages. Also, since Facebook Group members have joined the Group based on shared interests, the algorithm considers Group content as highly relevant to them.
  • Builds Brand Loyalty: Creating a Facebook Group centered on your brand or product gives your customers and followers a dedicated space to connect, share and interact. In a Group, you can also interact with members on a more personal level compared to public posts. Responding to comments, addressing questions and acknowledging members’ contributions humanizes your brand and builds a stronger connection.

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Considerations Before Starting a Facebook Group

If you’re convinced that a Facebook Group can play a vital part in your brand’s social strategy, there are a few key things to consider before you launch.

Define a Clear Purpose

Ask yourself why you want to launch and grow your Facebook Group. Let’s assume the reason isn’t simply to acquire thousands of followers, but also to drive sales or generate leads. This needs to be reflected in your Group’s Facebook posts — through exclusive offers, previews of upcoming product releases, or video tutorials demonstrating how your product or service works.

Whatever your ultimate goal, you need to be able to measure your performance. Do this by setting actionable KPIs using the “SMART” methodology:

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Time Commitment

Like any organic marketing tactic, Facebook Groups don’t blossom overnight. Real effort will make your Group a success and give users a reason to sign up. If you can’t commit time or resources to your Facebook Group, don’t expect a strong, engaged community on the platform.

But avoid outsourcing Facebook Group management, at least until you’ve set a Group tone. Your Group is an intimate setting where you’re facilitating conversation, so it should be run by someone who knows your brand inside and out.

Moderation and Guidelines

Clearly outline the rules and expectations for Group behavior, content and interactions; mention respectful communication, spam prevention, self-promotion rules, language use, appropriate content, etc.

Use examples to show what’s allowed and what isn’t. This reduces confusion among members. Decide how strictly you’ll enforce the guidelines (consistent enforcement maintains the group’s integrity). Communicate the guidelines when members join, and have them easily accessible in the Group description or pinned post. If needed, enable post approval by moderators before they appear in the Group.

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Content Strategy

Create a social content calendar outlining when and what you’ll post. Plan content in advance to maintain consistency and avoid last-minute scrambling. Identify key content categories that resonate with your target audience and align with your Group’s niche: tips and tutorials, industry news, member spotlights, discussions, challenges, behind the scenes, etc.

Use a mix of content formats to keep your Group dynamic and engaging. You can also run contests, challenges or quizzes to actively involve members and encourage participation.

Success Metrics

Set a target for the number of new group members you aim to attract within a specific time frame. Monitor the growth rate to ensure you’re consistently bringing in new members. Similarly, you should also monitor other metrics like engagement rate, post reach, comments per post, retention rate and conversions.

How Do I Set Facebook Group Rules?

The best Groups have clear guidelines in place about how they operate. This sets user expectations from the moment they join and keeps things running smoothly (as long as Group admins enforce them).

Again, this might sound obvious, but we’ve seen plenty of Groups that don’t do this — and they rarely work as well as those that do.

Creating rules for your Group is simple if you follow these steps:

  1. From your News Feed, click on Groups (on the left-hand side menu for desktop and the right for mobile), and select your Group. If you don’t see Groups, click See more.
  2. Click on Group Rules on the left menu.
  3. Click on Get Started, then click to add from the example rules or write your own.
  4. Click on Create.
  5. To adjust the order in which rules appear, click on the icon with the six gray dots, and drag and drop the rules into the order you’d like.

So, what should your rules look like? The guidelines you put in place will obviously depend on your brand and audience, but as a starting point, here are the kinds of things you should include:

  • Group Description: An in-depth explanation of the Facebook Group’s background.
  • Group Goals: Your goals for the community, such as promoting Group chats about a certain topic.
  • Group Privacy: A clear explanation of what sort of activity is considered “spam” or disrespectful to other members, and the actions you’ll take to police it. This is important to maintain the safety and comfort of all members.
  • Group Resources: A rundown of resources available to Group members, like videos and guides, and how to find them.
  • Group Names: A list of all current admins, plus details of their authority level.

Once you’ve created your rules, save them in a Facebook document and make this your pinned post, so that they’ll appear at the top of the Group at all times.

You’ll also need to dedicate the time to enforce your rules. If you can’t commit the time yourself, you’re going to need to either bring on moderators (volunteer or paid) or invest in a different marketing tactic.

Facebook Group Do’s and Don’ts

Over the past few years, we’ve been a part of dozens of Facebook Groups, and we’ve picked up plenty of insights along the way about what to do and what to definitely not do when running one:

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Once you’ve got the basics down, you’re in a great position to shift your focus toward increasing your membership. Follow these tips, and there’s no reason why you won’t be able to grow your Facebook Group to thousands of members without having to spend a single dollar.

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How to Grow a Facebook Group

So, you’ve put in the hard work. You’ve figured out what you’re trying to achieve, you’ve got the time and resources to make it happen, and you’ve drawn up a clear set of guidelines.

Now, let’s discuss the best tips on how to grow your Facebook Group.

Give People a Compelling Reason to Join

Wondering how to grow your Facebook Group fast? Here are some excellent ways to create a compelling reason for users to join your Group:

  • Use the “About” Section: This can help explain exactly what makes your Group so great. (It’s found at the top left of the Group page.) Detail the Group’s purpose, the sort of Group posts they can expect to see and the kind of experience that users can expect. You’ve only got 3,000 characters to play with, so use them wisely.
  • Give Users an Incentive to Sign Up: We’re not saying you have to give away a discount code or free shipping the second they join, but you should outline your value proposition. For example, let them know if you run weekly giveaways, competitions and promotions that are exclusive to Group members, or promise to give them the first look at your upcoming product launches. Give them a feel for the variety of content they’ll be able to find in your Group, including resources like lead magnets, scripts and templates.
  • Pick an Engaging Theme for Your Group: It should be something that people will want to talk about with other like-minded people. Take a leaf out of social media maven Sunny Lenarduzzi’s book; she has more than a dozen Groups, but significantly, not one of them is about her. Instead, they’re based on topics that are relevant and interesting to her audience.

Inform Your Existing Audience

Unless you’re a completely new brand, you’ll already have some sort of audience, whether that includes visitors to your website, previous and prospective customers, subscribers to your newsletter or readers of your blog.

Let them know that your Facebook Group exists:

  • Mention it in email blasts. Many Facebook Groups adopt this strategy to cross-promote and encourage users to join them. For example, digital graphics service Bannersnack created an FB Group to connect with its clients and then promoted the Group through email newsletters like this one:
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  • Reference it on your website and personal Facebook account, and provide the Facebook Group link. This tactic is particularly useful for people searching for tips on how to grow a private Group.
  • Drop a call to action into your blog posts. (For example, “Like what you read? Be the first to know about our latest guides by joining our Facebook Group.”)
  • Use exit pop-ups to drive users toward your Group.

Get in Front of New Audiences

While there’s certainly value in building a tight-knit community of people who are long-time followers of your brand, chances are you’ll also want to attract users who aren’t so familiar with you.

When it comes to getting in front of new audiences, one of the best marketing strategies is ads, but if you don’t want (or lack the budget) to run paid activity, you’ll need to get a bit creative. Here are a couple of our favorite tried-and-trusted ways to promote your Facebook Group:

  • Guest Blogging: Reach out to a website owner with a relevant audience and offer to write about a topic that would interest them — in return for mentioning (and, ideally, linking to) your Group.
  • Offer Yourself Up as an Interviewee: Ask people to interview you (or some other figurehead for your business) on their blog or podcast. You don’t need to be a big name; you just have to have something interesting to say. Just be sure to mention your Facebook Group.
  • Create Webinar Content for Group Members: Offer your members exclusive access to a webinar. Promote it outside the Group — in your newsletters and via your other social profiles — to get the word out. For bonus amplification, get a co-presenter on board and ask them to promote it to their audience, too.
  • Reach Out to Influencers: Identify people with large, engaged followings who operate in the same space as you and ask them to promote your Facebook Group. While you’ll almost certainly need to give them a reason to do so, this doesn’t necessarily mean paying them. If your content is of high quality and genuinely unique, there’s a much better chance that influencers will be prepared to recommend you.
  • Cross-Promote on Other Facebook Groups: Yes, you can certainly cross-promote your new Group and encourage existing members to join your group!

These approaches can be really effective, but there are no guarantees that people will say yes. If you ask 100 people to guest post or interview for them, maybe only five to 10 will agree. Don’t take it personally; instead, keep going. Eventually, the numbers will pay off for you.

Take Advantage of Live Streaming to Drive Visibility

Creating videos is more likely to get your Group noticed organically, which in turn gives you the opportunity to promote your Facebook Group without having to shell out any cash. That said, not all videos are created equal: People watch live video 3x longer compared to videos that aren’t live.

In short, Facebook Group owners should be using videos to get in front of more users, generate more engagement and encourage people to join your Group. People are often intimidated at the thought of creating Facebook video content, but it’s really pretty simple thanks to the site’s Live and Watch Party features.

Use Facebook Live

As its name suggests (and as you probably already know), Facebook Live allows you to broadcast live video to a Group or Facebook Page. Seeing as we’re trying to grow your Facebook Group faster, you’ll want to go live from your Page.

Struggling for a topic for your video? Draw inspiration from the news and trends affecting your audience.

Let’s say you’re running a marketing agency. Create a video to cover your reaction to a big development in the industry, such as an algorithm update by Google or the launch of a new feature by Facebook. If it makes for a good blog topic, chances are it’ll make for a good video.

Write down some talking points, do a couple of rehearsals and give it a go. We’ve found it’s often easier (and less intimidating) if you stage the video as a discussion with a colleague or a fellow expert.

To go live from a phone or tablet, just follow these simple steps:

Steps to start a Facebook Live from a mobile phone

Whatever topic you choose, remember to mention your Facebook Group and encourage viewers to join for exclusive video content (and more). Which brings us to Watch Parties…

Collaborate With Influencers

Partnering with relevant influencers helps your FB Group reach a wider audience.

Look for micro influencers who are active in your niche and have an engaged and relevant audience. Check their social media platforms, content quality, engagement rates and alignment with your Group’s focus.

Understand the demographics, interests and preferences of the influencer’s social media followers. Ensure that their audience aligns with your Group’s target members.

Suggest collaboration ideas that suit the influencer’s strengths and content style. This could involve a live Q&A session, a guest post, a webinar or hosting a themed discussion. Emphasize how the collaboration can benefit both parties. It’s not just about your Facebook Group; explain how their involvement can help them connect with a new audience.

Discuss the specifics of the collaboration, including content format, date, time and any compensation, if applicable. Also, offer any necessary information, guidelines and resources that the influencer might need for their contribution.

Finally, when the collaboration goes live, promote it across your social media channels and within the Facebook Group.

Use SEO to Drive Traffic from Search to Your Facebook Group as a Lead Magnet

SEO is another powerful tool when it comes to growing your Facebook Group. By optimizing your website to rank for certain related keywords, you can capture that traffic and redirect it to your Group.

For example, if you run a paleo Facebook Group, work on ranking for “paleo diet recipes” on Google. Then use a pop-up on your website landing page to direct those blog visitors to your related Facebook Group.

Turn Your First 500 Facebook Group Members into Group Evangelists

Once your Facebook Group gets to a certain size, growing it further becomes less about your own direct actions and more about evangelizing your existing audience by making them feel like a key part of your journey.

Remember, the larger your Group, the greater potential it has to grow quickly. Just don’t be afraid to ask your members for a little help.

Use Other Groups for Cross-Promotion

Ask your members who else should be in the Group and incentivize them to bring in new members by offering them a free e-book, a place on an exclusive webinar or even some type of promo code. This can be particularly effective when your members are in other relevant Groups, providing them with an easy platform to promote your Facebook Group.

A word of caution here, though: While some Group admins will be more than happy for you to engage in a bit of cross-promotion, others will frown on it and might even kick you out. They’re well within their rights to do this; it’s their Group and their rules.

Do what we do: Reach out to admins before you try to coax their members into your Facebook Group. Good manners cost nothing. Ask really nicely, and some admins might even be willing to pin your promotional post for a day or so, guaranteeing you plenty of visibility.

Spread the Word Through Social

While your potential members obviously have Facebook profiles, chances are they’ll also be active on other social media platforms. Encourage your existing members to link to your Facebook Group on other (relevant) social networks: Instagram, Quora, Reddit, Tumblr or Twitter.

As with the previous step, you might want to incentivize them to do this. But if your Group is genuinely useful, funny or interesting (or even all three), it should simply make sense for members to reference it in their conversations on other platforms. Say your Facebook Group is dedicated to curating the best Indian food recipes … why wouldn’t your members want to link to it if they come across a similar discussion on a different site?

Bonus: Use Your Facebook Group to Quickly Grow Your Email List

Here’s an underused hack you’ll want to know: A Facebook Group is one of the best ways to build an email list. That’s because Facebook allows you to set up new membership questions:

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Basically, you can ask folks any number of questions when they first join your Group, including this magic question:

“If you’d like to join our email newsletter to stay in the loop, what’s your email address? We’ll send you occasional, educational content on [Group topic].”

You’ll find that a portion of new members will happily give your email list a try. To set this up, you can use software like Group Collector to automatically sync emails from your Facebook Group into your email marketing platform:

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Powerful, right?

Last Word on Growing From 0 to 10,000 Members

Hopefully you learned how to grow a Facebook Group with a zero-dollar budget! It might seem intimidating, but all it takes is time, patience and a little effort (plus some help from your earliest members).

To summarize, here are the five steps you should be following to take your Facebook Group from 0 to 10,000 members without spending a single cent:

  • Come up with a compelling theme for your Group — something that people will want to discuss and that you can offer genuine expertise on.
  • Give people a reason to join. Tell potential members about the fantastic content you create and the exclusive giveaways and offers you run.
  • Let your existing audience know that the Group exists, and encourage them to join (people who already follow your Facebook Page, read your blogs or watch your videos).
  • Get in front of new audiences through guest blogging, influencer outreach, interviews and podcasts.
  • Evangelize “early adopters” of your Group to bring in new members.

Follow these steps, iterate as necessary and watch your Facebook Group subscriber count grow!

If you’re ready to level up your brand via social media, Single Grain’s social media  marketing experts can help!👇

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The post How to Grow Your Facebook Group from 0 to 10K Members Without Spending a Dollar appeared first on Single Grain.

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Navigating the Creator Economy’s Challenges and Opportunities https://www.singlegrain.com/blog/ms/the-creator-economy/ Wed, 06 Sep 2023 15:00:04 +0000 https://www.singlegrain.com/?p=49738 In recent years, the buzz around “the creator economy” has been practically unavoidable. From venture capitalists pouring millions into platforms like Patreon and Substack to influencers and content creators seeking...

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In recent years, the buzz around “the creator economy” has been practically unavoidable. From venture capitalists pouring millions into platforms like Patreon and Substack to influencers and content creators seeking to turn their talents into lucrative businesses, it seemed like everyone was jumping on the bandwagon.

Fast forward to today and we find ourselves wondering why the creator economy, once hailed as a gold rush, has now taken a nosedive.

In this article, we’ll dive into what went wrong and what we can learn from it.

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What Exactly Is the Creator Economy?

The creator economy is a dynamic ecosystem where individuals, much like you and me, harness their unique talents, knowledge or passions to craft content or products with the aim of monetizing their skills. This entrepreneurial pursuit is often characterized by innovation, self-expression and a direct connection between creators and their audiences.

Basically, if you create something online and your creation starts bringing in profits, you are already part of the creator economy.

According to SignalFire, about “50 million people around the world consider themselves creators”:

SignalFire-How-Many-Creators-Are-There - creator economy

Now, let’s break down the avenues that creators explore within this vibrant digital landscape:

  • Content Creation: One of the cornerstones of the creator economy is content creation. This encompasses a vast spectrum of mediums, from writing engaging articles and blog posts to producing captivating videos for platforms like YouTube or TikTok. Whether you’re sharing your expertise, showcasing your creativity or entertaining your audience, content creation is the beating heart of the creator economy.
  • Subscription Services: Platforms like Substack and Patreon have revolutionized the way creators earn income. Through subscription-based models, creators can offer exclusive content, experiences or insights to their dedicated supporters. This direct relationship allows creators to cultivate a loyal following, providing a steady stream of income that’s less reliant on external factors.
  • Promotional Content: For those looking to collaborate with brands or offer personalized shout-outs, platforms such as Cameo provide a stage to connect with fans and monetize their influence. Creators can create promotional content, offering personalized messages or endorsements, all while tapping into their unique appeal.
  • Digital Product Sales: In an age where digital products hold immense value, creators can leverage platforms like Kajabi to create, market and sell their digital offerings. These products can range from e-books and online courses to software tools and digital artwork. This avenue empowers creators to turn their knowledge into a scalable source of income.

The allure of the creator economy is in its accessibility:

It lowers the barriers to entry for aspiring entrepreneurs, enabling them to transform their passions into profitable endeavors.

While this democratization of content creation and entrepreneurship has opened countless doors, it’s also exposed some challenges and misconceptions.

The Harsh Reality of Creator Economics

A few years ago, the creator economy was all the rage among venture capitalists. Over $5 billion was pumped into startups that aimed to facilitate and capitalize on this growing trend.

Today, however, the situation looks starkly different. In 2022, VC funding for creator startups peaked at $2.5 billion. And since then, it’s continued to be a downward spiral for investments. A mere 12% of creators make more than $50,000 a year while the majority struggles to earn more than $1,000 per year.

The layoffs speak volumes about this downturn, with platforms like Patreon and Cameo trimming their staff significantly. The question is: What caused this massive shift from a boom to a bust in the creator economy?

There are several factors at play in the decline, including:

  • The end of the pandemic: The pandemic was a major driver of the creator economy boom. Many people had more time on their hands and were looking for new ways to connect with others and make money. As the pandemic came to an end, some of this demand subsided.
  • The rise of competition: The creator economy has become increasingly crowded in recent years. There are now millions of creators vying for attention, which makes it more difficult to stand out and build a successful following.
  • The decline of ad revenue: Advertising is still the main way that creators make money, but ad revenue has been declining in recent years. This is due to several things, such as the rise of ad blockers and the increasing popularity of subscription-based streaming services.
  • The changing landscape of social media: The social media platforms that were once the driving force of the creator economy are facing increasing competition from newer platforms. This is making it more difficult for creators to reach their target audiences and grow their businesses.

So, if you’re considering diving into the creator business, you might want to think twice.

However, this doesn’t mean the creator economy is a lost cause; it just needs a different approach.

How to Do Content Creation Effectively

To succeed in the creator economy, you need to focus on what works and understand the dynamics of your niche. Here are some key takeaways from creators who have made it:

1) Sell the Picks and Shovels

During the gold rush, it wasn’t just about striking it rich by mining gold. Companies like Levi’s that presented the option of durable jeans made fortunes. In the creator economy, the people who truly succeed are the ones providing essential tools and services, the “picks and shovels” if you will, for creators.

2) Diversify Your Income Streams

Relying solely on one revenue stream, such as brand partnerships or ad revenue, can be risky. Diversify your income sources by creating and selling your products, merchandise or subscription-based services.

For example, content creators like Mr Beast founded companies like Feastables to serve as an offshoot for their fan following as an alternate means of revenue growth:

Mr Beast's Feastables

3) Niche Matters

It’s not about having a massive following, it’s about having the right following within your niche. Look for lucrative niches with a substantial market size. Having millions of followers in a niche like marketing, where billions are spent, can be far more profitable than having a smaller following in less lucrative niches.

And don’t just pick any arbitrary niche you think will be successful. It is super important to do something that you are passionate and/or knowledgable about.

4) Control Your Product Experience

Relying solely on advertising revenue to sustain your creative endeavors can be risky. While it may offer short-term gains, it lacks the stability required for long-term success. As a content creator, it’s crucial to diversify your income streams by introducing your own branded products, thereby gaining greater control over “product”.

The ultimate goal for any career-focused creator should be to transcend the limitations of their hosting platform. Your success is tied to the platform’s performance, yet you wield minimal influence over content policies and monetization strategies. By taking charge of your own product experience, you not only fortify your financial stability but also maintain the ability to steer your creative journey as you see fit.

The Future of the Creator Economy

Despite these challenges and the downturn, the creator economy is still a viable space. There continue to be many opportunities for creators to make money and build successful businesses.

Remember, it’s not about avoiding the creator economy, but understanding how to navigate it smartly. If you focus on the right strategies, find your niche, and create multiple avenues for revenue growth, you can build a successful career in the creator economy.

If you’re ready to level up your brand, increase visibility and drive business growth, Single Grain’s marketing experts can help!👇

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For more insights and lessons about marketing, check out our Marketing School podcast on YouTube.

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Are Company Rebrands a Good Idea? https://www.singlegrain.com/blog/ms/company-rebrands/ Tue, 05 Sep 2023 22:40:09 +0000 https://www.singlegrain.com/?p=49731 Rebranding. It’s a term that often sends shivers down the spines of marketers and business owners alike. But are company rebrands always a bad idea? Can they ever be the...

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Rebranding. It’s a term that often sends shivers down the spines of marketers and business owners alike. But are company rebrands always a bad idea? Can they ever be the right decision?

In this blog post, we’re going to take a look at whether company rebrands are a good idea or a recipe for disaster. From Facebook’s transformation into Meta to the rebranding of cable giants, we’ll look at rebrands that worked and those that didn’t.

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Why Rebranding Can Be Risky

Rebranding can be a tricky game, especially when you’ve already built a strong, recognizable brand. But for one reason or another, a lot of decision-makers get attracted to the idea of shifting the vision of their business to something fresh and new.

In some cases, that can be a beneficial thing, but it usually has to be for a very good reason. If a company rebrands itself because of the ever-shifting whims of the head authority, it’s probably not a great idea.

Your brand is an icon. It is how people have grown to know your business. When you change it too frequently (or at all, for that matter), it will inevitably confuse people as they struggle to comprehend why the emails they’re getting from your business are now showing up in their inbox under a different name.

The first question you ought to consider with a potential rebrand is:

What are you trying to accomplish by doing a rebrand? 

If your brand has positive momentum, your goal should be hitting the pedal to the metal with your existing brand strategy, not dislodging your audience from the comfortable place of knowing your brand inside and out.

When we talk about company rebrands, we’re really focusing on companies that change their entire identity from one thing to another. Take Facebook it changed its entire name and logo from “Facebook” to “Meta”:

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Looks completely different, right? If you didn’t know any better, you probably would have never guessed that Meta and Facebook were supposed to be the same company.

While they aimed to venture into the metaverse, it created confusion for users and businesses alike.

The lesson here? Don’t change a popular brand’s name if it’s not aligned with what its audience wants. In this case, the metaverse wasn’t something people were clamoring for as quickly as Facebook had hoped.

A more recent example that’s likely all over your news feed is Twitter’s rebrand to X:

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Remember what we said about the baseless changes by branding decision-makers? That’s where Elon Musk’s whimsical judgment threw his own company a curveball, potentially causing billions of dollars in lost brand value.

But why? Because Twitter is a household name. We’ve created verbs to describe posting on Twitter. The brand solidified itself as one of the top social media platforms in the world, harnessing hundreds of millions of users in its lifetime.

With those two gargantuan examples, it brings us to our next point.

Logo Design Changes Can Be Great

Nominal logo design changes are rarely ever that subversive.

Iterations on a theme are likely your best bet if you’re itching to revamp your brand’s appearance. It’s often the best way to adapt your brand to the trending graphical styles that come and go every 5-10 years or so.

Apple

Apple’s logo has evolved over time but has retained its corporate name, ensuring familiarity among consumers:

Apple logo rebrands from 1976 to 2017

Notice how the core theme is present with each version of the Apple logo. They each carry their own motif representative of the time they were in.

Apple actually did so well with their rebrands that they caused a lot of other brands to follow a similar approach, adopting a more beveled look and then eventually returning back to a flatter design. We saw Microsoft imitate this with Windows 7 to Windows 8.

Slack

Then we have Slack, which reworked its logo design back in 2019, opting for a more stylized, proprietary look that would breathe new life into the brand’s image.

Image3

Notice how they preserved the core elements that were contained in their old logo. And, of course, they did this without touching the company’s name. This is a great example of a brand that pulled off an aesthetic change without deviating too harshly from its roots.

When Rebranding Does Work

So far, this piece has probably felt very one-sided, but here are a few reasons why you could and should consider rebranding your company as a whole.

Your Product or Service Offering Has Changed

If, over time, your brand’s core competency has evolved and caused you to pursue alternate means of revenue, it could give way for a total brand 180.

Especially if your brand has a qualifier attached to it, like “Greg’s Roofing Co.,” it might make sense to rebrand later down the road if the company starts offering services other than roofing. In a lot of cases, this is how companies graduate to a parent company, creating branches of subsidiaries focused on one type of product or service.

Negative Brand Associations

Nobody wants this to be the reason they rebrand but, nevertheless, it’s a valid reason to ditch the old brand name and start anew.

If your brand has a negative connotation due to poor service or products, a rebrand can help you shed that baggage and gain new, positive traction. Company rebrands in this way can also be a way of expressing to previously dissatisfied customers that you’re making room for improvements that will fix any mistakes you might have made in the past.

Aligning with Changing Values

This is much more of a case-by-case situation, but if your brand no longer resonates with evolving consumer values, a rebrand can help you stay relevant and retain older customers who might be looking for something different.

Examples of Successful Rebrands

Apple’s approach to rebranding provides a valuable lesson. When they introduced the Vision Pro, their augmented reality headset, they didn’t complicate things with talk of AI or the metaverse. Instead, they kept it simple, knowing their target audience.

Rebrands often complicate matters, but Apple focuses on simplifying for a seamless customer experience.

Let’s take a look at some successful rebrands that not only changed names but also perceptions:

  • Patagonian Toothfish to Chilean Sea Bass: A toothfish doesn’t sound appetizing, but a Chilean sea bass does. Sometimes, a name change can alter the way consumers perceive your product.
  • Pleather to Vegan Leather: This was less of a company rebrand as it was redefining a type of material, which dozens of companies would then use as a way to market their cruelty-free leather alternatives in a more attractive light. Pleather became “vegan leather” to align with the heightened value that customers placed on purchasing vegan leather products.
  • Charter to Spectrum: Remember when Charter became Spectrum? Charter had a dismal reputation for its services, and a rebrand was the perfect solution. It not only changed the public’s perception but also made it seem like an exciting new offering. Sometimes, a fresh start is all you need, especially when your brand image is severely tarnished.

Closing Thoughts on Company Rebrands: Should You Go for It?

Rebranding can be a fun idea in theory. It can even offer a boost of freshness when executed modestly. But for total rebrands, the reality is rarely as romantic as the fantasy. They can invite a whole host of complications and cause more trouble than they fix.

Sure, they might give you a change of pace that you’re craving, but a total business rebrand is a serious choice that ought to be reserved for the most deserving scenarios, such as product shifts or PR reasons.

Other than that, invest in the asset you’ve built and focus more on ways to build your brand even better.

 

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For more insights and lessons about marketing, check out our Marketing School podcast on YouTube.

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SEO Success: How This Page Generated $1M in Profits https://www.singlegrain.com/blog/lu/seo-success/ Tue, 05 Sep 2023 21:00:15 +0000 https://www.singlegrain.com/?p=49720 In a world increasingly dominated by AI and machine learning, many have started to question the relevance of SEO. People are saying that with the launch of ChatGPT or AI...

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In a world increasingly dominated by AI and machine learning, many have started to question the relevance of SEO. People are saying that with the launch of ChatGPT or AI tools in general SEO is dying.

But as far as I’m concerned, SEO is far from dead. As long as human beings are searching, there will be SEO.

In this post, I’m going to show you how a single web page has generated over $1 million in profit per year solely through SEO.

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Case Study: Why SEO Is Not Dying Despite AI Domination

The page I’m going to discuss has a traffic value of $500,000 per month, which equates to $6 million per year if one were to pay Google for that traffic. The good news is that this page ranks for 3,200+ keywords, so one page by itself can rank for thousands of keywords:

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That shows you the power of SEO. People think it’s this nebulous concept, but it works really well if you know how to use it. So I’m going to tell you how this person did it.

The Power of Masterminds and the Influence of High Performers

We did a mastermind a few years ago which took place on a boat. During this journey, a member of our group — let’s call him Andrew — posed a question to another participant, Bob. Andrew asked what keyword Bob would like to rank number one for on search engines. Bob shared his aspiration, and Andrew confidently responded, “Consider it done.”

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Fast forward two months, and Bob had clinched that coveted number one ranking. Achieving this milestone required diligent work and high-quality content, of course, but the results were well worth the effort.

This experience taught us an invaluable lesson: The magnetic attraction between high performers. Whether you’re an athlete, entrepreneur or author, there’s a universal respect for the dedication and grit required to reach the pinnacle of any field. This mutual admiration is why high performers gravitate towards each other and why mastermind groups are such powerful platforms for growth.

In fact, that single interaction during our mastermind session led to millions in profits for Bob.

So, if you’re wondering why people invest time and energy into masterminds, it’s because these gatherings offer more than just networking opportunities — they provide a space for exponential growth and success.

Mastering Google Rankings: Content + Domain Authority

So, what exactly did Bob do to achieve such remarkable success?

First and foremost, the page in question was optimized to rank for an impressive 3,200 keywords. This required a substantial content piece, ranging between 8,000 to 10,000 words. While some might argue that crafting high-quality content is a given in today’s digital landscape, it’s worth noting that it remains a foundational element of SEO success.

The second crucial factor in achieving high rankings on Google is having a strong domain authority.

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Domain authority is typically scored on a scale of 1 to 100, and a high score can significantly boost your chances of ranking well. And combining a high domain authority with quality content can give you a “first-mover advantage,” allowing you to accrue more link equity over time.

This is because people are more likely to link to a page that already ranks well, creating a self-perpetuating cycle of success.

In Bob’s case, his website had a high domain rating — somewhere in the ballpark of 80 to 90. This strong rating essentially acted as a magnet for Google’s algorithms, allowing the page to rank for topics where it had established authority.

Bob’s triumph was not a stroke of luck, but the result of a well-executed SEO strategy that combined in-depth, quality content with a robust domain authority.

The Limitations of Relying Solely on Keyword Volume in SEO

Keyword volume is frequently touted as a pivotal metric in SEO, but it’s essential to recognize that it’s not the be-all and end-all.

Take our case study as an example: The page in question ranks for a multitude of keywords and garners significantly more than the estimated 700 monthly visits suggested by the volume of its primary keyword:

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While tools like Ahrefs are invaluable for gauging the number of backlinks required to break into the top 10 rankings for a specific keyword, it’s crucial to note that a robust domain rating can often mitigate the need for an extensive backlink profile.

In essence, the lesson here is twofold:

  • First, keyword volume alone doesn’t provide a comprehensive view of a page’s potential traffic.
  • Second, other factors, such as domain authority and the quality of backlinks, play a significant role in determining a page’s SEO success.

Therefore, a more holistic approach to SEO is advisable for achieving optimal results.

The Importance of Continuously Updating Your Content

Finally, I want to stress the critical importance of regularly updating your content.

I’m a big advocate of the “skyscraper content” strategy, a term coined by Brian Dean of Backlinko. This approach involves crafting content that is not just good, but ten times better than the current top-ranking pages. However, creating exceptional content is just the starting point; it’s equally crucial to keep that content up to date to sustain its relevance and search engine ranking.

By consistently updating your high-performing pages — even if it’s just adding a paragraph or two every month — you’ll find that the page will start to rank for an ever-growing list of keywords. This creates a compounding effect, amplifying the success of your SEO efforts over time.

Here are the updating guidelines we use at Single Grain:

  • Rewrite the intro and conclusion
  • Delete/combine any weak sections
  • Research and write as necessary to add to the value of the piece
  • Update any stats/facts/quotes and make sure all links to sources are no more than ~2 years old
  • Replace any outdated or irrelevant images
  • Replace any examples/case studies with new, current ones

Last Word on the SEO Profit Machine

SEO is far from obsolete. It’s a dynamic and profitable avenue that continues to offer significant ROI.

By surrounding yourself with high-performers, focusing on domain authority, understanding the nuances of keyword volume, and continually updating your content, you can harness the full power of SEO.

Consider the opportunities that lie in acquiring undervalued websites with strong domain ratings, particularly in niches that align with your business goals.

So don’t just stand on the sidelines — dive in now to capitalize on the transformative power of well-executed SEO and affiliate marketing strategies. Your future self will thank you!

If you’re ready to boost your online visibility and drive business growth, Single Grain’s SEO experts can help!👇

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For more insights and lessons about marketing, check out our Leveling Up podcast on YouTube.

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