Inbound marketing costs 62% less than traditional marketing and generates 54% more leads than
conventional
marketing methods
The holidays are here! It’s a great time to start driving potential
customers to
your website, e-store. This is called driving traffik to get conversions and a well-known inbound
marketing
funnel strategy.
Have you ever wondered if inbound marketing can work for your small or
medium-based business? Learn more
about the critical components of this marketing strategy and why your business badly needs
to adapt
it to drive sales and conversions this festive season.
Inbound mrketing is a
customer-oriented
approach to marketing that focuses on building trust, offering helpful information and insights to
attract
free leads that you could close over time.
It’s based on a marketing methodology that
attracts
customers by creating custom content and tailored experiences. The strategy seeks to solve customer
pain
points and problems by providing them with valuable information.
Knowing the methodology
and
putting in place an effective inbound strategy that will translate and get your desired results are
worlds
apart. And that is why you need an expert to bridge the gap and help you transform your business
with
working digital marketing solutions. Talk to an expert today! Digital marketing
experts help your business develop and launch your next marketing strategy, deliver exceptional
expertise
and guaranteed results.
The traditional sales funnel is a four-step process that involves creating awareness, interest,
and desire
in prospects before inviting them to make specific desired actions.
It gives marketing
teams power
over what happens on the customer journey. However, Things have changed, and what traditionally
used to work
no longer works. For instance, with the insanely Christmas season here, families are out on the
lookout for
products for Christmas craft projects and
generally
getting into the Christmas mood in every possible way.
It is the festive season and
everyone is
looking for some sort of goodies, planning events and programs, looking for traveling resources,
looking for
custom prints and artwork for presents, and a heap of other activities. Interestingly, they are
going to
look at the internet for solutions.
Forbes Magazine reports that
40.3% of
consumers frequently have avoided physical stores over this Pandemic. A whopping 48% of them shifted their
purchases online, replacing the products they
purchased in physical stores with alternatives in online stores.
The stats point out a
shift from
traditional purchases into digital spaces, and you should be worried.
Why? The majority
of the
traditional sales funnel aspects have shifted to online, destabilizing retailers’ traditional
linear path to
acquiring leads and closing deals. Consequently, businesses are taking note, and you really
don’t want to
miss out, right?
The uptrend of the consumer’s buying behavior is forcing marketing teams to adapt and develop
business
development strategies that accommodate the ever-increasing digital transformation of the
purchasing
process.
Unlike the traditional funnel, which is linear and predictable, the
inbound digital
marketing funnel consists of a variety of different tactics. The tactics have a different
flavor aimed at
helping businesses educate the consumer, build rapport, increase awareness and identify
ideal leads. It aims
to nurture customers who aren’t quite ready to buy as yet or perhaps have goods sitting in
their online
shopping cart. Inbound marketing reminder and suttle banner ads help to move along the
success of closing an
online sale or to get repeat business.
The funnel has four main stages:
The attention stage — The funnel describes steps that users take moving from prospects to
customers. At the
attention stage, marketers seek to attract the attention of prospects and increase
businesses visibility.
Prospects take favorable actions like clicking your social media ad, which
indicates an interest in
what you are offering. They could read a blog on your website offering solutions for a
problem they are
encountering.
The aim should be to reach as many prospects as possible. You can
first catch the
attention of prospects through content marketing campaigns, inbound marketing, online ads,
social media ads,
and many other available options.
Interest stage- at this stage, prospects have an
overview of what
your business is and think that you can solve their problem.
A typical action taken
on the side of
the prospect could be, for instance, viewing your product page or visiting your customer
review section. And
this is the time to swoop in informative content but does not sell to them.
If you
push your
product to be suitable from the start, you will sound too intrusive and likely turn away
prospects. So,
focus on providing information through newsletters, email campaigns, case studies, or even
webinars.
Desire stage — Creating a buzz in the most common
places the
customer visits online and indirectly leaving suggested hints that your business is ready to
meet their
needs. An atypical example of an action that prospects are likely to take can be adding
items to the cart or
even searching for an item over the web using search engines like Google, Bing, etc.
Do you realize
that by creating the right “time” for the customer to buy your product or service, using the
various digital
marketing channels continually working on your behalf across the world wide web that you’ve
saved on labor
and 10X your profit in sales? Yup, you did and it’s a thing of beauty that an
expert
marketing agency can deliver for you. The goal is to make it irresistible that your
warm leads can’t
wait for the last action.
Consequently, you have to find a way to make them want to
buy from you
and not from your competitor.
Action stage — Tell the story the customer needs to
hear. It could be
a benefit or a solution that grapples with the mind of the customer thinking of not being
able to do without
your offering. And they ultimately have. It’s naturally the most demanding part of the sales
funnel, but
interestingly they are ready to purchase, also known as the conversion.
The
prospect can book a
consultation, request a demo, or take the most appropriate action that you want them to
take.
Just
because the customer has reached the bottom of the funnel, that does not mean you have done
your work.
You can request the customer to reach out with feedback, express gratitude, or make
yourself
available to support your overall customer retention strategy.
According to the Precision marketing group, inbound marketing costs 62% less than traditional marketing and generates 54% more leads than conventional marketing methods. So, how are inbound marketing strategies helping businesses make a difference?
The suggested benefits help small businesses establish themselves as authorities in their specific niches. In return, this makes people want to learn more about the product or service businesses are offering and increase their retention rate.
Is your current marketing strategy set to boost your holiday sales? The holiday
season is here, temperatures
are dropping; culturally people are planning for celebrations and festivals. Many
people have already been
looking for solutions, and discounts for all sorts of goods and services. This is
the right time to get
prepared to reap from the two-months frenzy.
Do you have any plans yet?
Don’t get left out! Start
building, with a digital strategy today and learn how to get the ball rolling.
With creative
inbound marketing strategy solutions. They develop an engaging community, showcase
your brand story, create
and personalize the content that converts, and help your business offer gifts, that
guide helpful tips to
the buyers' readiness decision.