A lot of times when organizations engage with us, they ask us what they need to do to grow. And they start by listing off several marketing tactics – email marketing, LinkedIn advertising, retargeting, Google ads, SEO – the list goes on.
It’s no secret that organic reach has declined over the years. This has caused marketers all over the world to do everything in their power to raise their marketing budgets to cover the cost of paid efforts. However, growing a company’s social media presence organically isn’t unheard of, nor is it impossible to achieve. It just requires time and consistency.
We recently worked with a client that was undergoing a management change with a new CEO, COO, and CIO. The company had been incredibly successful, but the new CEO wanted to take the firm to even greater heights.
Everyone who’s been around the block a time or two in the business world has a good understanding of how consultants of any kind spend their days, right? They’re the ones who charge into companies with a metaphorical baseball bat, break strategies apart only to scatter the pieces, and care less about their bad reputation than Joan Jett. Or in the words of author Martin Kiln when writing about management consultants in particular, they “steal your watch and then tell you the time.” Ouch.
When a product is discounted to the point it is basically being given away, the product then has little perceived value in the marketplace. In fact, a deeply discounted price sends the message that there’s no reason to pay a fair price and certainly not a premium price. I’m not talking about occasional promotions or small discounts used as marketing tactics, rather I’m talking about pricing your product too low.
One of BlueByrd’s core offerings is providing Fractional Chief Marketing Officers to our clients, and we often get asked, “What should I expect from my Fractional CMO?” Many of our clients have never had a CMO or even high-level marketing expertise inside their organizations, so it is a valid question.
The brand. It’s one of those things everyone believes they understand but finds difficult to put into words. “Of course I know what my brand is. Just don’t ask me to explain it.” Things that are about individual perception are like that.
If you thought this was a blog about a ’90s boy band, well … you should probably say, “Bye bye bye.” But just like NSYNC had to work tirelessly on harmony to achieve worldwide fame, we must be intentional in the workplace to build harmony within our team.
Marketing consultants share their thoughts on a very fast-paced year
We were onboarding a new client that was looking to grow its business by an additional $3 million next year.
What the heck is a TAM and why should you care? When clients are rolling out new products or services, it can be hard for them to estimate their full market potential.
Who’s your biggest competitor? If you are like most people, you quickly envisioned the bad guys across town who provide similar products or services to yours.
We routinely do voice of customer research for our clients, and we almost always uncover new findings that their salespeople were not aware of.
Different fractional CMOs charge different amounts. It also depends on how much of their time you will need. Here’s the longer answer.
That’s a question we hear a lot before we kick off projects with clients who have not done a lot of marketing in the past.
We were doing a competitive analysis for one of our clients the other day, and some of their competitors’ websites were bad. I mean really bad.
If your revenue is flat, it may be because your sales and marketing efforts are flat.
Sound crazy? It happens all the time. In my role as a Fractional CMO, I often am in the position of replacing a predecessor who was recently let go, so I have witnessed this phenomenon many times.
Did any of you feel nice and comfortable all year long? Yeah, we didn’t either. Congratulations: that meant we all grew last year.
Prison Rules: To do something or play a sport by being physically aggressive and otherwise trying to win at all costs.
Over my lifetime, Mom gave me some great advice. Of all of the advice she gave me, Mom was really off base when it came to sales tips.
Prepare yourself. What you are about to read will give you real takeaways and give your sales team the boost it needs to start social selling.
Social selling emerged around 6 years ago and still many companies haven't heard of it or adopted it. Why is social selling important for you to know?
When we meet with customers about a website design, their first question is almost always the same: “What will our home page look like?” Their faces fall, but we have to tell them that it’s not the top priority.
Naturally I couldn’t put every one of my lessons learned in my first year of business into one blog post, so here is the second part with the final five of my “top ten”—sort of inspired by David Letterman you might say.
COVID-19 has led to an unprecedented business impact. While I have never seen anything like this, I have been helping clients navigate economic downturns for decades.
It’s been a little over a year since I started BlueByrd Strategic Sales and Marketing, and it’s safe to say that I’ve learned a lot since then. As I began reflecting on all the things that have happened, I thought why not share?
Like all things that mature, we can chart a company’s growth in stages. In this case, there are three evident transitions as the months and years roll on. A company begins with the product it wants to sell, and then starts to sell it.
What is your marketing budget? Getting this answer out of people today is tough. You might have better luck asking them about their voting history.
Here’s something that may surprise you: Companies often severely underprice their products. What factors influence this?
I work with many companies going through mergers and acquisitions. And I see rigorous processes in several areas. Companies work on the deal for a long time, looking at the economics using different models to determine the best price to pay.
Companies spend a lot of money on tradeshows. A lot. And some get value from this spend, but most don’t. How do I know? Well, let me ask you if you’ve ever seen this at a tradeshow: There’s a 10 x 10 booth...
Recently a client confided in me that they had been working with an agency, spent quite a bit of money, and in return received some different marketing tactics for their spend.
Often times when people think marketing, they aren’t really thinking about marketing. I’ll explain—first, by telling you what marketing is not.
While methods of selling, buying, and consuming behaviors have changed over the past century, few in the know could hardly argue that fundamental human desire and motivations have not.
Websites generally fall under the good, the bad, and the glamorous. I won’t go into the “good” website (where is the fun in that?), but I will tell you that the “bad” and the “glamorous” are usually not that dissimilar.
It’s a question people ask me a lot. CMO is the acronym for Chief Marketing Officer. The idea behind creating the CMO position was to give a marketing person a seat at the table in the C-Suite. It’s a tumultuous position.
Tell us a little about yourself and your business.