One of the greatest challenges a new marketer will face is getting into, and staying in the right mindsight.
By its very nature, marketing is highly tactical. There are countless ways to engage your audience.
Unfortunately, most of the tactics tend to be done in a vacuum without any thought to strategy.
They’re reactionary, which can bring diminished results and less-than-desirable returns.
In the B2B space, only about a third of marketers actually have a documented strategy to drive their business forward.
That’s why more than half are struggling to create marketing campaigns that actually engage an audience and produce a substantial return. Those diminished returns tend to drive marketers back to traditional channels like banner ads.
But even display advertising without a strategy isn’t necessarily going to perform the way you want it to.
To get the best results, you need to take a proactive and strategic approach to your marketing. Here’s how you can start thinking like a strategic marketer.
See Beyond Urgency
If you’re constantly in reactive mode, chasing fires and responding to things as they come up then your resources will remain tapped. You’ll never have the opportunity to plan ahead or develop campaigns based on research.
I hear about this all the time with brands who suddenly realize that a holiday or promotional opportunity “snuck up on them.” They scramble at the last minute to put together email campaigns, promotions, social initiatives, display ads, and even direct mail campaigns.
The first step toward strategic thinking is to get your mind out of urgency/emergency mode.
Without proper planning, you wind up with last minute marketing efforts – like this mattress company that tossed together an offensive commercial to promote their product on 9/11.
Marketing must be considered a strategic imperative if you want to actually see results. Reactive tactics are not a strategy and are much riskier when the time isn’t taken to research and measure potential outcomes.
Strategic marketing looks months ahead of the current situation, planning well in advance so you have time to research, plan, create assets, review and deploy effectively.
Take the Time to Calculate Risks
Throwing everything at the wall to see what sticks is not strategic thinking. That’s just hoping you’ll get lucky with results, and it’s incredibly wasteful especially if you have limited resources.
Strategic marketers look forward and can often see the repercussions of their plans more clearly than tactical marketers. They also don’t charge blindly forward because an idea sounds good. They take the time to carefully consider the downside of every action.
“What happens if this or that happens after we execute. Can we live with outcomes X, Y or Z?”
Weighing the risks of campaigns and potential outcomes provides insight into next steps. This makes it that much easier to pivot to another brand in the strategy rather than scrambling to find a solution when the single tactic doesn’t perform as expected.
Be Capable of Execution
I’ve met my fair share of strategic marketers that have impressed me with creative prowess. Among them have been some of the most creative minds, yet struggled tremendously with executing the ideas they developed.
Strategic marketers don’t overthink or worry incessantly about outcomes. They’re not afraid to pull the trigger once their strategy is constructed. They recognize that no strategy is 100% sound, and change is likely.
You need to have the confidence to pull the trigger and know that no strategy is perfect. Becoming a strategic marketer means never procrastinating.
Get your strategy developed and don’t be afraid to execute it.
Just remember that once a strategy is executed, the cycle begins again. There’s no finish line.
Be Willing to Detach From Your Ideas
The most effective strategic marketers I’ve met have always been able to see beyond their own brilliance. They cut through the fat and are willing to discard their own ideas when better ideas come from outside, and they’re willing to consider the ideas of others – no matter how crazy those ideas might seem.
Don’t get caught up in your preconceived ideas and plans. A smart marketer knows to leverage the skill and brilliance of others through group ideation and brainstorming to fuel more robust marketing strategies.
When we think we have a good idea, we use Publicate to flesh out an idea by compiling all of the content out there for that specific topic (especially those that rank for the key term we are aiming for). In Publicate we can add notes to each piece of content we curated on what elements of the post we could expand on, and what we can say differently. We also mark which posts we want to link to and quotes to include in our piece. This step is extremely important for helping us create not just ‘good, unique content,’ but content that is 10x better than what is currently available.
Make Decisions Based on the Data
In my opinion, data is the heart of business. It should be at the center of decision making for any kind of business or marketing strategy. It provides insights to answer key questions, while raising other questions you may not have considered.
Later, that data will help change the direction of your strategy. Initially though, that data is necessary to create the strategy.
Strategic marketers rely on a lot of data to build their long-term strategies. This could include:
- How long audiences engages with certain topics
- Which products are abandoned most often
- What are top products during different seasons
- How long does it take the average prospect to convert
- What type of content or advertising do prospects respond to best
- How can audiences be segmented for the best engagement with email marketing
- How does the consumer respond to direct mail campaigns post purchase compared to the same campaign used on prospects that have not yet purchased
Find the data to answer your most important questions, then identify the data you have and use that to start building your strategy. Leverage it to define your goals and the tactics you’ll use to reach them. A strategic marketer can use the data and information they compile through research to work out the costs of campaigns and define whether the efforts are justified.
Your data is a key part of risk assessment – something every marketing and PR campaign needs. It’s a loop that constantly feeds back to the beginning, using the data to establish then continue to drive the strategy forward
Know the Target and Create Goals
Anyone can set a marketing goal, but the most strategic marketers set goals that are realistic, achievable and are based on business goals.
Like these organizational goals for B2B content marketing compiled by CMI and Marketing Profs based on survey respondent data.
Setting goals might sound simple, but it’s something of a mix of art and science. Like anything, it takes practice. That comes from constantly refining existing goals, refocusing, pivoting and a willingness to try some weird stuff.
How do you set goals for something as fluid and changing as a marketing strategy? Practice. And find someone who has been doing it for a while and apply what they’ve learned.
Shanelle Mullin, Content & Growth at ConversionXL, shared some smart advice with Kissmetrics on creating goals for your marketing strategy.
The key to setting achievable marketing goals is to spend time evaluating your current position. Many startups set lofty, unattainable goals and end up discouraged, which can be detrimental in the early days. On the other hand, some startups set easy, insignificant goals and end up missing out on growth potential.
Take the time to really understand your growth levels to date. If you run a popular blog and traffic has increased by 8-10% for the last four months, you know that a 12-15% month-over-month increase in blog traffic is a challenging yet attainable goal. Don’t be the startup that shoots for 20% or the startup that considers anything above 8% a win.
In terms of what types of goals you should be setting, it depends heavily on what stage your startup is in. Early on, focus on engagement goals and collecting feedback to validate your product or service. Later on, focus on growth metrics. There are no universals when it comes to metrics, unfortunately. What’s important is that your core goals are tied to major business objectives.
The single most important thing to remember about marketing goals is to stay focused. Choose 1-2 core goals that impact the bottom line and 3-5 supporting goals. Anything more than that will distract you from what’s most important (as will changing goals too often).
When you identify those primary and secondary goals, you can break them down into milestones that will help define the roadmap of your marketing strategy. That map plays a major part in defining the tactics you’ll use along the way.
Follow the Course; Don’t Chase the Glitter
Ideation and brainstorming are a critical part of creating a marketing strategy, but that doesn’t mean that every idea is going to pan out.
Likewise, your research is likely to reveal what competitors and other businesses are doing to market themselves.
With all the options and potential ideas, it’s pretty easy to get lost in transit without a mapped plan.
I liken it to steering a ship; if you spin the wheel every time an a glimmer on the horizon catches your eye, you’re going to zigzag across the ocean and never really get anywhere.
Even with a documented marketing strategy, it’s easy to get off course trying to do the next big thing everyone things is a trend for the year. Experimenting is OK, but not at the expense of your plans.
The most successful marketers know to stick to their strategy, and work those experiments into that strategy.
Establish Your Measurements for Progress and Success
Effective marketing goes well beyond ideation and deployment. Success isn’t automated, and as I mentioned there’s no such thing as a perfect strategy.
More often than not you’re going to have to make changes on the fly and refine your strategy. Knowing when to do that, and why, comes from constantly measuring the performance of your campaigns.
Just like you use data to form the basis of your strategy, you’re constantly using data and analytics to monitor the health of your marketing campaigns.
Know what success looks like, and identify how you’ll measure that success as part of a marketing strategy.
Document Your Strategy
It continues to surprise me how many marketers don’t document their marketing strategy, instead choosing to fly blind from memory.
There’s a lot that can go wrong when your strategy isn’t documented.
It’s more than just a roadmap detailing what you do to get to the next step. It’s a living document that ties together a lot of moving parts, and a lot of people. Some of what would be included in a sound documented strategy…
- Who the audience is, and how to reach them
- The tactics to be used
- The USP(s) to connect with the audience
- Who is involved, who is responsible for what aspects of the strategy
- How marketing materials are distributed, or where the audience is engaged
- How success is measured
- Conversion strategies used
- Promotions, pricing and incentives
- Communication requirements and reporting
There’s a great deal more that can and should be included, and that’s a lot to be floating around – especially with multiple people or teams involved. With all the moving parts, lacking a documented strategy invites error and mistakes.
Among all the aspects of being a strategic marketer, there’s one thing that remains consistent: looking forward.
If you want to think like a strategic marketer, you have to look beyond now.
Don’t get caught up in the urgency. Plan ahead, look to the future, and develop a rolling strategy that is built around proactive outbound and inbound practices, rather than the reactive deployment of tactics.
What mental practices have you tried in order to think strategically?