There are no written rules when it comes to determining how to efficiently increase your company’s enterprise value. Unfortunately, there is no one-size fits all formula for enterprise success. Simply put, the strategy will vastly differ for every industry, sector, and individual company. That being said, marketing has been proven as a cornerstone of any effective business strategy and critical in raising enterprise value.
Your marketing strategy dictates the overall market’s understanding of what your business brings to the table, how you differ from your competition in the eyes of customers and investors, and perhaps most importantly, what the future holds for your business and how you intend to evolve as both the market and overall economy change. Whether your ultimate goal is to take your company public or take on capital investment in the near future, marketing will play a significant part in how you succeed. In this blog post, we’ll discuss tips on putting together a sound marketing strategy and how this can lead to an increase in enterprise value.
Understanding the Current Market and Its Needs
As you know, the competitive landscape is constantly shifting, and any dramatic change in the competition calls for change in your strategy. The first step to putting together an effective marketing strategy is to understand your company in its position within the current market. Customer tastes and expectations are constantly evolving, so being able to adapt to current market conditions is critical in today’s economy. It’s important to ask yourself: What is your value proposition against your competitors? Are you where you need to be to maximize value? Can customers quickly get the information they need and are questions and service issues resolved promptly? Ensuring you’re meeting your customer’s needs will set you up for long-term success and increase your value as not only a supplier but also in the eyes of any potential investors.
When Government technology giants Octo and Sevatec decided to merge, they tapped Bluetext to guide them through a brand evolution, aligning both company brand identities into a new cohesive corporate visual identity. We worked hard to understand both companies’ positions in the market and design a message and visual identity that aligned Octo and Sevatec’s legacies under one united mission from both an internal and external perspective, increasing the combined entity’s enterprise value.
Future-Proofing Your Marketing Strategy
While it’s important to understand the current needs of your customers, it’s equally important to take a look in the mirror and focus your marketing strategy on your company’s future goals, both in the short- and long-term. What are your business goals and objectives? Do you anticipate a significant capital investment raise in the next 2 years? Or 5 years? It’s imperative to make conscious, strategic decisions by beginning with the end in mind instead of simply letting tactics evolve.
When Arlington Capital Partners acquired three leading companies in the national security sector, they turned to Bluetext to develop and launch a new unified brand from scratch. In less than six months, Centauri was born. Following the launch of the brand and a successful integrated go-to-market strategy that included PR, digital advertising, and social media, the firm went on a contract-winning spree and in less than two years, was acquired by industrial engineering juggernaut, KBR, for $800m. With an understanding of Arlington Capital’s goals from the outset, focused on raising the enterprise value of a combined entity, Bluetext was able to build a comprehensive marketing strategy that achieved the PE firm’s wildest dreams.
In Marketing, ROI is Everything
Let’s be clear, marketing can be an expensive undertaking. When you think about the various marketing tactics you can choose to include in your marketing strategy, consider every channel including but not limited to: direct marketing, public relations, digital marketing, advertising and promotion, and trade shows. While it would be great to put a significant budget toward each of these channels, that just isn’t feasible for the majority of companies out there. Just like you would diversify your stock portfolio, you should also diversify your marketing efforts, especially when starting out. Be smart about where you decide to invest your marketing dollars but don’t be afraid to commit to a research-driven marketing strategy.
Discuss internally the pros and cons of each channel, especially in the context of your competitors, industry, and customers, both existing and future. Additionally, determine if you can handle the execution of these marketing channels in-house, or if it may make sense to hire a marketing agency like Bluetext to take some of the load off of your internal team. Most importantly, however, is to establish clear metrics designed to capture ROI for each channel you decide to invest in and keep your internal and external teams accountable to them. Diversifying your marketing mix is the best way to ensure you’re increasing your brand awareness across a variety of customer-facing touchpoints, which will lead to an effective increase in perceived enterprise value from an investor perspective.
In Conclusion
There is no one-size-fits-all approach to marketing. That being said, having a strong understanding of your market, customer base, and short- and long-term business goals will strongly inform your marketing strategy and put you in the best position to succeed in increasing brand awareness, customer acquisition, and overall enterprise value. If you’re in need of support in putting together a comprehensive marketing strategy or a marketing partner to execute an already determined strategy, consider contacting Bluetext. For more than a decade, Bluetext has helped companies and private equity firms raise enterprise value. We specialize in planning, developing, and executing effective brand transformations to exceed business goals, with our clients benefitting from our deep creative expertise, seamless strategy, and innovative way of problem-solving.
“Should I use infinite scrolling versus pagination on this website?” is a question that many UX designers will ask themselves when starting a new project. Of course, the answer is “It depends.” This article explores the pros and cons of infinite scrolling and pagination to give you the context on when to use each in website design.
Infinite Scrolling
Infinite scrolling is a technique that allows users to scroll through a massive chunk of content with no finish line in sight. The page essentially refreshes as you continue scrolling, making it feel as if there is an infinite amount of content available. There are certainly some contexts for which this works very well but naturally, it does not suit each use case.
Pro #1: User Engagement
Infinite scrolling is best suited for instances where users are in “discovery mode”. When the user does not search for something specific, they need to see a large number of items to find the one thing they like.
The best examples of this are on social media, when users scroll through Facebook or Instagram they are excited to see what the next piece of content has to offer. Infinite scrolling affords exposure to as much information as possible at once, which means more information is consumed. The higher the exposure (in other words, impressions and reach), typically the higher the engagement is.
Pro #2: Scrolling Takes the Cake Over Clicking
Designing for users to click rather than scroll can cause a much longer user experience journey. Depending on the instance, we typically like to see scrolling used for quick actions that should be seamless for the user. For example, if you are looking to employ a tutorial for your new mobile app, you should consider a vertical or horizontal scroll experience to allow a seamless, one-page experience for your user. Clicking will impede their ability to quickly navigate through the tutorial and get to your app. Scrolling allows us to keep the user experience to remain easy-to-use and navigate.
Pro #3: Scrolling is Mobile-Friendly
Infinite scrolling is most frequently used on mobile devices where the screens are smaller. The smaller the screen, the smaller amount of information users can see within one viewport, which provides an excellent use case for infinite or long scrolling.
Con #1: Page Performance
Infinite scrolling requires the page to constantly “refresh” at the bottom to display more content. This scrolling undoubtedly affects your page speed and load time. Various research studies have shown that slow load times result in people leaving your site or deleting your app which results in low conversion rates. For that reason, it may be best to leave the long scroll at the door if you are looking to keep your website ranking high in SEO performance.
Con #2: Item and Search Location
For those looking to shop online or look for a specific resource, infinite scrolling doesn’t provide them the visual cue for where to find the item later. There is no ability to truly “bookmark” their place on the page, which can cause frustration if they go back later to find the same post.
Con #3: Scroll Bar Provides No Context
The scroll bar becomes irrelevant when you employ infinite scroll in your user experience. Users see the scroll bar and assume they’re close to the end of the page when in reality, the page will keep updating to show more content and there is no end in sight. It can be very misleading when users attempt to estimate the amount of data there is to surf through, which can cause frustration for the user and can lead them to leave your site.
Con #4: Absence of a Footer
With infinite scrolling, users will never reach the end of the page. This makes it difficult for them to ever find the footer, where important information and navigation links typically reside. Some ways around this are to make the footer sticky and always visible or collapse the footer into a sidebar. Alternatively, user experience designers can introduce a “load more” button that provides users with the ability to take control of their own experience on the site.
Pagination
Pagination is a user interface pattern that divides content into separate pages. If you see a row of numbers or pagination dots at the bottom of a page, then you are experiencing a site’s pagination.
Pro #1: Good Conversion
Pagination is great for an instance where users are looking for something specific. As we saw before, scrolling is perfect for discovery mode—now’s the time for a solution for identification mode. “Scrolling is a continuation while clicking is a decision” (Joshua Porter)
Pro #2: Control and Item Location
Providing pagination within your website’s user experience, users instantly have a sense of control over the information they are browsing. Providing numbers or icons to click on gives users the sense that they are making a decision for themselves.
In addition, pagination affords users the ability to remember an item’s location and navigate back to it at any time. For example, if you are on your favorite e-commerce website looking for the right sweater to buy this fall and you find one you like but aren’t quite ready to buy, you can take note of which page you viewed it on—maybe you even bookmark it since the URL has the exact item location within the page. Pagination gives us this opportunity to take control of our usage of the website and gives a sense of authority to the user.
Con #1: Clicking Means Extra Actions
When you require your users to click to see more information, you’re requiring them to take an extra step. One way to make this less cumbersome is to allow users to dictate how many items appear within each page so they can scroll through more content up front and then navigate to the next page.
Recap
When considering user engagement within website design, user experience designers should consider the end goal of the user. Are they looking to find a specific piece of content that they can easily refer back to? If so, pagination may be the best option for your website. But if you simply are looking for endless discovery and providing your end user with as much new information as possible, then infinite scrolling may be the best for you.
In the end, it is best to consult a UX design agency, like Bluetext, to recommend the best approach for your business.
Looking for a UX design agency to partner with for your next website? Contact Bluetext today.
It’s 2022, and the term “gamer” no longer refers to teenagers playing video games in their parent’s basements. Gamers are all around us, thanks to the explosion of game formats, genres, and platforms. Roughly 40% of the world’s population admits to playing some kind of video game. The typical stereotypes of people who partake in this hobby are far from reality; 70% of gamers are over the age of 18, 46% of gamers are female, and only 2% play out of their parent’s basements (actually, we made that last stat up). Especially after the pandemic, the gaming industry has boomed and it is expected to keep booming. As online games continue to rise in popularity, marketers are recognizing the potential of advertising within gaming platforms, otherwise known as in-game advertising.
While players may have a knee-jerk reaction when they hear the term “in-game advertising,” the practice has proven extremely successful for brands. For example in 2009, Microsoft promoted Bing in a series of games, including NBA 2K10 and DJ Hero. After their first exposure to the ads, the percentage of gamers visiting and searching Bing increased by 108% according to Microsoft. Surprisingly, two-thirds of the gamers who visited Bing after seeing the ad were visiting for the first time. According to a recent study conducted by Vantage Market Research, the global in-game advertising market size is forecasted to reach USD 12.35 Billion by the year 2028. While in-game advertising (IGA) can include banners, video ads, audio ads, or mini-games, the most popular types of IGA are static ads, dynamic ads, and gamevertising. When it comes to reaching your target audience with in-game ads, the most important factors are picking the right format and gaming service to deploy ads on. Let’s quickly deep-dive into some of the options, and take a look at some of the games that reach wide demographics.
Video In-Game Advertising
It’s no surprise that video is a key format for digital advertising; dynamic, engaging content fits perfectly with what users now want to experience. When it comes to using video in games, there are multiple different ways to present short, impactful content. There are pre-roll videos, which pop up a few seconds before the gaming experience starts, and there are also rewarded videos that will give the player a reward for sticking around to watch until the end.
Native In-Game Advertising
Native in-game ads are arguably the most innovative in-game advertising formats of all. A brand’s key message can be directly integrated into the video game itself, creating a non-intrusive advertising experience for the user. For example, there could be an advertising banner in a sports game applied along the playing field, mimicking how the ad would appear in real life. This way, the user is exposed to advertisements in a way that does not pause or delay their playing experience whatsoever.
Audio In-Game Advertising
Audio is another form of advertising that has risen in popularity over the past few years. The music streaming platform Spotify recently released a study that showed that streaming from gaming consoles went up 61% in 2021, compared to the year before. High-tech gaming consoles such as Playstation and Xbox now include a dedicated music app, which is where in-game ads can be utilized. This format is another non-intrusive strategy that does not inhibit the game.
Picking the Right Game
From esports gamers to social gamers and casual gamers, the gaming target audience is highly diverse and offers great market potential to companies. The decision on whether to include ads is ultimately up to the game developer, so you’re less likely to see a promotion for Mountain Dew or Takis in big titles like Call of Duty or God of War. But smaller, independent games—especially those that utilize the free-to-play model—are likely to embrace in-game advertising. Here are a few options of popular video games that reach a wide demographic that could be a fit for your next in-game ad.
- Candy Crush Saga
- This popular mobile game has over 250 million users to date, with the average age range of players falling between 25 to 45 years old. The gender split is pretty even, with 46% of players being male and 54% being female. The most popular type of advertising within Candy Crush is a video and/or rewarded ads.
- FarmVille 3
- Another mobile game that originated through Facebook, FarmVille 3 is one of the top-grossing games amongst middle-aged adults, particularly females. In 2022, the third rendition of FarmVille reported over 200,000 downloads.
- Words With Friends
- A mobile game that has maintained popularity amongst older generations since 2009, Words With Friends has at least 170 million registered users.
If you’re looking to bring your digital marketing and advertising strategy to the next level, contact Bluetext. With award-winning creative services, video and digital capabilities the possibilities are endless.
Every brand is a story, and marketing is your one chance to tell it. Storytelling has always been a successful way to connect brands with their audience because it creates an experience that people want to buy into. But the unfortunate truth is most adults don’t have much availability or attention for storytime like we once did as children. Competition for consumer attention has grown with the seemingly endless information and content that bombards us daily. The solution? Cut to the chase, SparkNotes it if you will. It is most effective to be concise, and engaging, and build a feeling that a consumer can buy into through micro-storytelling.
Micro-storytelling highlights what is truly important and showcases the small ideas that make a brand unique in under 30 seconds. Create a voice for your brand. In a sea of stories, you want to stand out. Catch people’s attention with vibrant colors, and an intriguing tagline, or start your video with a hook that will engage your audience. Make them pause their scrolling and soak in your information. Connect with them so they want to buy into your brand.
With micro-storytelling, the goal is not to fit everything into one video or post but to promote many smaller pieces of content that can easily be consumed at various touch points to tell potential customers what your brand stands for. Audiences want to get through information quickly, especially if they are new customers who are not yet invested in learning more about your brand. Micro-storytelling introduces people to your brand and sparks that initial interest. It’s the perfect teaser to either engage with your brand or share your information with others. It also gives new customers a way to quickly learn more about you, by encouraging them to visit your website or follow your social media accounts.
Four Fundamentals to Help You Create Micro-Stories for Your Brand
Know Your Audience
With micro-storytelling being so concise it is important to convey a tone and message that resonates with your target audience. It is essential for brands to target specific audiences and their specific needs, with a specific message. To create a successful micro-story you must research and gather information to better understand your audience and how you can authentically connect with them. Creating a trusted bond with your customers extends beyond a simple transaction, it works to build a community.
Tap into Visuals
While text helps to tell your story, visuals are a powerful way to communicate quickly with your audience. They must be eye-catching and aesthetic, and showcase your brand or products in a way that supports your brand’s story and values.
Cut the Fluff
Think of how the information you are presenting will be received by people quickly scrolling. Keep it simple. Avoid meaningless details that distract from the overall message. Use short and simple words.
Leave Them on a Cliffhanger
Try not to be definitive with your narrative’s ending. For example, when you go to post about an upcoming event or product launch, announce it in a way that teases what is coming soon. Not only does this save space and time, but it leaves your story open for interpretation and gives customers a chance to think about your brand or come back later to find out more.
Three Effective Ways for Your Brand to Promote Micro-Storytelling
Video
One of the most powerful ways to convey your message in an engaging way is through video. Instagram stories, Tik Toks, or other short-form videos provide an opportunity to convey your story in a short time and continue telling it over time. It also gives you an opportunity to tell your story through unspoken visuals. Think of who is representing your brand. What story is being told by their appearance, tone, and body language? Even what they wear can convey something about your brand story.
Social Media Updates
Another compelling way to promote your message is through social media updates. Twitter is a really valuable tool to enforce condensed character counts, which limits brands messaging into more digestible sections. This platform is also adept at piecing content into multiple updates which can be displayed throughout your timeline. This gives users a train of thought to follow the subconscious urge to continue to scroll down and piece together multiple micro-stories.
Infographics
Using infographics to tell your brand’s story creates an effective and digestible way for your consumers to get a lot of information at once. Infographics quickly highlight key takeaways using images and charts. Visuals accompanying text promote higher engagement. With important information involving statistics and facts, infographics help users absorb information with ease.
Micro-stories are just one block of the overarching brand story and when executed correctly, these micro-stories create a powerful message that resonates with consumers.
As a full-service digital marketing agency, Bluetext offers multiple services that can help your brand tailor content to meet customers’ expectations. Connect your stories to your customers. Contact us today to learn more about our messaging and content marketing services.
No matter what industry your company is in, or who your target market is, the goal of any customer interaction is to foster a relationship that converts to revenue. In today’s digital landscape, customers’ expectations have elevated to instant yet personalized feedback to their questions at the click of a button. While this seems like an impossibly daunting task, it has become an expected digital experience with the help of technology. Artificial intelligence-powered live chat, chatbots, and messaging apps have all helped companies achieve this blend of efficiency and customization. Below, we dive deep into the power of conversational marketing and how to implement the right strategy for your business.
What is Conversational Marketing?
In its essence, conversational marketing is a series of one-to-one interactions in real-time across multiple channels. Conversational marketing enables you and your team to foster relationships with both potential customers and existing customers, improving overall online customer experience and brand perception. A successful conversational marketing strategy ensures your customers feel satisfied and supported in all their questions, and trust your brand throughout every stage of the sales funnel. Additionally, as we know, data is a powerful tool, and utilizing conversational marketing technology can increase that amount of data allowing you to tweak your strategy and increase conversions. Every conversation could be considered a mini focus study and learning experience for how to continually improve your business.
Chatbots
As your business scales up, so will the number of questions from prospective and existing customers. That being said, there will come a time when it is simply not feasible to increase the number of sales representatives you have to answer every question that comes in via your website. That’s where chatbots come in. Chatbots have become the go-to conversational marketing tool for a lot of businesses. Platforms like Drift, which integrate seamlessly with your existing website make chatbots a very easy and effective way to up your conversational marketing efforts. Chatbots are very effective when it comes to easing customer pain points quickly and provides a visual cue of reassurance upon landing on a web page that support resources are readily available. Pre-programmed answers to frequently answered questions allow you to talk to your customers, regardless of the time of day. This is especially beneficial for businesses with an international reach, as customers outside your local time zone will always feel supported. If the query is too unique to respond with a canned response, chatbots can connect the customer with a live representative who can better answer their questions. Plenty of conversational marketing platforms enable businesses to identify which leads are most likely to buy and then move them to the front of the line.
Customer Feedback
Pulling data from your chosen conversational marketing tool on customer engagement will only get you so far. At the end of the day, you’ll need to gather feedback from your customers, asking them their thoughts on how to improve the customer and prospect experience on your site. This will not just enable the customer to feel that they have a say but also will help in the optimization of the tools after some time. Adding a quick feedback survey to the end of a chatbot or live chat conversation will go a long way in improving customer satisfaction.
How to Get Started
Implementing a successful conversational marketing strategy starts by choosing the web pages where you want your conversational bot to engage with your visitors. Sometimes it makes sense to have a constant chatbot available on every page, at all times. Other times, and especially when utilizing live chat versus a chatbot, it pays off to choose the pages that get the most traffic, have the most conversion opportunities, or have visitors with a high intention of buying. This will help maximize the number of interactions you enter into, and the likelihood of success of those interactions. Now that you’ve decided where you want to speak to your customers on your website, it’s time to define what kind of information customers will ask for, and how in the simplest terms you can provide them with that information. As a general rule of thumb, try to keep the conversations simple. Your customers will expect the interaction with your company to be smooth and want to get answers and guidance quickly.
Regardless of the size of your company, having a conversational marketing strategy is key to increasing customer satisfaction and therefore revenue. Are you looking to begin your conversational marketing strategy but not quite sure where to start? Contact Bluetext and see how we can help.
Since late last year, the technology industry has been alight with news and developments surrounding the Metaverse. Companies large and small are betting big on what is seen by many as the successor to the internet. Microsoft’s record-breaking acquisition of Activision Blizzard has been seen by many as a Metaverse play. The likes of Facebook have even restructured their entire organization and established a new parent company, Meta, named after the Metaverse.
But what exactly is the Metaverse? In simplest terms, “The ‘metaverse’ is a set of virtual spaces where you can create and explore with other people who aren’t in the same physical space as you.” If you’re still confused, that’s okay. The Metaverse is constantly evolving as more and more companies invest in the concept. Chances are you’ve already experienced flavors of the metaverse but may not have even realized it. To break it down, major players in the technology industry are looking at the Metaverse from a capabilities perspective for the likes of:
- Real-time 3D graphics
- Feature sets that overlap with real-world activities
- Personalized avatars unique to each user
- Person-to-person social interactions that are less competitive in nature and more goal-oriented compared to stereotypical games
- Designs best well-suited to virtual and augmented reality headsets
- Links with outside economic systems so people can profit from virtual goods
Regardless of how you feel about the Metaverse and its capabilities, there’s no denying that AR/VR is growing more popular. In 2021, it was estimated that approximately 85 million users experienced AR or VR at least once a month. Virtual reality headsets, which were originally intended for gamers back in the 1990s, have picked up momentum in the past decade as companies are releasing sleek, futuristic consumer headsets and applications. That userbase will only continue to grow as VR/AR devices become more accessible from a cost and usability perspective. Given the fluidity of the concept of the Metaverse, the marketing opportunities are truly endless at the moment. Below, we take a look at just a smattering of ideas for marketing in this next generation of the internet.
1. Gamifying your Brand
As we’ve discussed before, gamification is the act of taking a process that already exists and applying game mechanics to make it more engaging. Given the current state of the Metaverse and its existing uses, gamifying a brand is the first natural step we’ll see companies take as they expand their reach into this additional marketing channel. We’re already seeing some companies dive headfirst into brand gamification in the Metaverse. To promote the new Nike React Flyknit running shoe, Nike created its own virtual world, called Reactland, allowing users to create avatars of themselves and then navigate through the game’s forests and rooftops while jogging (in real life) on a treadmill for three minutes.
2. Parallel Metaverse Marketing within Real-Life Marketing
Just as we create physical manifestations of digital marketing campaigns, marketers need to be ready to expand their focus to the Metaverse as a third component of any future campaign. Campaigns targeting millennials and Gen-Z’ers will comprise the majority of initial Metaverse marketing campaigns, as these audiences are the predisposed primary users of the platform. Experiential marketing will also be a major component of any Metaverse marketing campaign, offering branded installations and events that users can interact with, as opposed to just placing simple ads.
3. Harness the Power of Facebook’s Meta
While Facebook is still in the early stages of rolling out its Metaverse to consumers, there’s a good chance that any experience will include digital advertising and in-experience transactions. Anything from building virtual stores, hosting immersive events, or creating Facebook Ads will no doubt be considered. Additionally, we’ll definitely see comparable offerings from other companies staking their claims in the Metaverse hype such as Walmart and Microsoft.
It’s fair to say that the Metaverse in its current state is filled with uncertainties. While many companies are pouring tons of capital into the space, no one knows what it will look like in five to ten years, let alone next year. That being said, it will be important for marketers to stay in the loop and decide when might be the best time to stake their own claim in the Metaverse. Interested to see how Bluetext is taking advantage of up-and-coming technologies on behalf of our clients? Contact us.
Video marketing can be a vital tool when it comes to leveling up your marketing program. Video, as a medium, is an exceptional opportunity to tell your brand’s story and mission using dramatic visuals, voiceover, and music. Video allows you to inject emotion and feeling into your content, something that written mediums like blog posts and product pages just can’t compete with. As some may say, the medium is the message. To humanize your brand and create a memorable connection, audiovisual content can build that bridge. Additionally, the ease with which you can upload your video content to a variety of social media platforms allows you to share your story with as many potential customers and reach as wide an audience as possible.
Below, we dive deep into the five reasons you need to use video in your marketing strategy and why partnering with a video design and production firm like Bluetext is the right choice for you.
1. Authentic Video Builds Trust
Perhaps most importantly, video content helps build trust between you and the prospective buyer. Trust is the foundation that drives conversions and overall sales. 57% of consumers say that videos give them more confidence to purchase online. With a great voiceover and a moving music track, videos can provoke a very emotive, and therefore, human response, more impactful than any generic landing page. Having your team on camera explaining your product or service is also a great way to provide prospective customers with a sense of your company culture and why they should work with you. Additionally, video content filmed and edited the right way evokes authenticity and transparency, both key points when aiming to build trust.
Through our work with Invictus, we produced a video around the story of their unique, military family-oriented mission that resonated with their prospective customers.
2. Explain Difficult Concepts With Ease
We live in a fast-paced visual-based world, where users are less likely to read through a product description and more likely to prefer an infographic or video that explains the solution succinctly. Technology has made us all accustomed to immediate satisfaction in finding the answers we seek. And if users don’t find the information they’re looking for, they lose interest or look elsewhere. Video content reduces the overall effort it takes to learn something new, especially when it may be a difficult concept to understand. If you’re launching a new product or service, explaining its features and advantages will be easier through video than a product landing page. The way the human brain processes information varies by individual, some are more visual learners, some auditory, and even some kinetic. If you don’t have the words to explain your product, the use of animation can help bring any concept to life. An audiovisual medium allows you to effectively reach a wider audience. The quicker someone can understand your product, the quicker the conversion from prospect to a customer will be.
Through our work with IoT cybersecurity company, Phosphorus, we told the story of their mission and the power of their groundbreaking platform.
3. Google Loves Video Content
There are a variety of reasons Google loves video. Perhaps most importantly, Google places great value in the length of time a user spends on your webpage. If your video content is enticing enough for the user to watch it all the way through, they’re more likely to spend more time watching a video on your site than reading through a lengthy landing page. Additionally, as we know, including keywords in your written content is important in any SEO strategy and helps improve your search rankings. Using the latest Video Intelligence API, Google can catalog the relevant keywords in your videos and increase your ranking in search engine results. Relevant keywords in your video and written content packs the maximum SEO punch into your webpage. Another great reason video content is a great SEO value is as video content can be adjusted to multiple screen sizes, Google ranks this content very high in search results.
4. Mobile Users Benefit
In the world we live in, everyone is glued to their smartphones throughout the day, watching, liking, and sharing content. According to a recent study, 90% of users actually watch videos on their smartphones rather than on computers or televisions. The ready availability of so much video content on smartphones is driving this statistic and will only grow as more and more content is produced. So what does this mean for you? Increasing the amount of video you put into the market will only increase the engagement with your content from prospective customers. Well-produced, informative content will be more likely shared and will lead to increased sales.
5. The Competitive Advantage
Stay one step ahead of the competition by producing video content. A lot of companies are still of the mindset that video content is way too expensive; and sure, some very well-produced content can get expensive when you’re factoring in custom shoots, actors, and multiple 8K cameras. That being said, video content doesn’t have to be expensive. With the right story and a camera as readily available as the one on your smartphone, you can create perfect video content that will resonate with your target audience and lead to many conversions. Being smart with your resources (financial & human) can result in an impressive video that no one would know was built on a budget.
Videos can play a massive role at every stage of the marketing funnel. That being said, creating high-performing video content takes time and effort. Ensure you have the right video content strategy from the get-go and that you maximize authenticity, creativity, and uniqueness. Need support putting together your video content strategy? Contact Bluetext today.
Where is the next great opportunity for your business? Well, government agencies for one. According to USAspending.gov, approximately five trillion dollars is being allocated to government agencies in Fiscal Year 2021, with over $1 trillion going to Health and Human Services alone. These agencies are growing, and their needs for hardware, software, and services are increasing along with them.
If you are already marketing to “the government,” you understand that winning government contracts is a long sales cycle. The opportunity-to-award process might be 90 days on average, but the lead-up to those 90 days is a critical period where the deal is won or lost. During those 90 days, all data gathering and relationship-building you have done over the previous 2-5 years comes to fruition. So what exactly sets the winning businesses apart? Memorability. Government contracting is a long game, built on endurance. After many years of B2G marketing experience, Bluetext is here to break down what gets your foot in the door and sustains success in business to government marketing.
Division of time between positioning your company for success with government agencies and bidding on specific contract awards.
Winning government contracts is not as simple as pointing your existing sales and marketing engine at a new target. “The government” is not a monolithic entity, and even “the agency” needs to be treated with more nuance: It is composed of dozens of sub-entities that make independent decisions based on independent decision criteria. In enterprise sales, winning over a single decision-maker can often close the deal. In government contracts, groups of stakeholders across the agency influence which business wins the contract, even if a single decision-maker completes the signs off. So instead of persuading a single stakeholder, B2G companies are tasked with winning over multiple groups, at multiple different stages and occasions. Hence, why brand endurance is critical.
Complicating matters further, traditional channels for establishing relationships with government agencies have been disrupted by the pandemic. Most in-person conferences and meetings will not occur this year, and some will remain online for the foreseeable future. Government stakeholders are more geographically distributed and digitally dependent than ever.
The tides have shifted. Once an industry that operated in an isolated silo of its own rules, businesses seeking government contracts must adopt new, digital marketing initiatives to effectively position themselves.B2G companies should leverage the data-driven, digital marketing tools developed for B2C companies to segment and personalize their approach to agency stakeholders. B2G is too broad a term, and even business-to-agency (B2A) abstracts away from the customer understanding your company needs to have to win contracts consistently. A business-to-stakeholder (B2S) marketing approach is what your company needs to win consistently.
To succeed in data-driven B2S marketing, we explore:
- What success looks like in B2S
- The lifecycle of data-driven stakeholder cultivation
- The division of labor between internal departments for successful execution of that lifecycle.
Begin with the End Goal in Mind
Before we determine how to develop our marketing and sales pipeline, we need to define success. Agency leadership and stakeholders can frequently change, at a minimum, with every new government administration.
Therefore, we prioritize targets that will allow your company to evolve as agency priorities and decision-makers change. Your company must first make its impression as a strong, reputable industry player, whilst also remaining top of mind through consistent brand recognition and relevant thought leadership content. These are the characteristics of a successful B2A marketing approach:
- Your company is considered a thought leader in the space where the agency is procuring products and services.
- Government agency stakeholders regularly call your company to ask your opinion on upcoming agency initiatives, product and service specifications, RFPs, and contract awards. Occasionally, you are invited to co-craft the RFP in ways that position your company to win.
- You are aware of the potential for shifting priorities months before those shifts occur.
- Information on the priorities and interests of your agency stakeholders is filtering directly to your sales team, who pass relevant information to content creators, who are crafting bespoke campaigns that reach your contacts as related conversations occur internally at the agencies.
- Business development staff follow up on that content with meaningful conversations with key stakeholders. Those conversations assure your agency contacts that your company is focused on their individual and organizational priorities.
- You have both breadth and depth of relationships at the agency: deep relationships with key stakeholders and associations across the organization. A few people leaving the agency does not impact your company’s ability to retain the status and relationships described above.
Does your content dress the part? A sure sign of a reputable industry player is professionally branded collateral assets, such as Invictus
The Stakeholder Development Lifecycle
In order to accomplish those goals, start by treating the agency as a combination of individual stakeholders and stakeholder groups. Organize your company’s sales and marketing approach around the Stakeholder Development Lifecycle for B2A marketing, which includes:
- Acquiring Stakeholder Contacts: Start with breadth. In order for your company to establish deep relationships in an agency, you need to acquire as many points of contact as possible. Target ads based on geolocation to get in front of as many relevant stakeholders as possible. Get their title, contact information, and social media presence. Build from there.
- Monitoring Stakeholder Contacts: Capture social media posts, digital content interaction (with a privacy-first approach of course), conference attendance, and internal agency relationship information from contacts over time so that you can understand and target their needs, interests, and priorities.
- Segmenting Stakeholder Contacts: Based on a contact’s position in the organization and their activities and expressed perspectives, segment them into groups that should be targeted and messaged together consistently.
- Nurturing Stakeholder Contacts: Develop marketing, business development, and sales outreach that messages contacts according to their segment and the depth of their relationship with your company. Build a customer journey map that helps you identify what messages move contacts deeper into understanding your company’s value proposition and believing in it.
- Fostering Stakeholder Promoters: Identify your company’s highest value and strongest promoting contacts as the champions your company needs to win individual contract awards. Prioritize according to how naturally the contact aligns with your company’s offerings and how important the contact is to your company’s long-term relationship with the agency.
Stakeholder Development Lifecycle for B2A Marketing
Considering Stakeholder Segments
Within each agency, there are groups of stakeholders with priorities that will govern how well your company competes in a given contract award. The priorities of the agency can be efficiently stored within a single person’s head. But understanding the priorities of each stakeholder within each stakeholder group requires a data acquisition and data management approach that efficiently captures, aggregates, and generates insights about how your company is positioned with regard to that stakeholder group and the awards they oversee.
To understand how stakeholder priorities can differ, we use an example company, CyberSample, selling cybersecurity solutions to the Department of Transportation (DoT).
If CyberSample were to interface only with the DoT’s contract oversight and contract administration team, they would get a simplified and sanitized understanding of what governs the contract award. They would miss the critical details and priorities needed to assuage the concerns of each stakeholder group.
If they were to interface only with agency leadership or technology leadership, they would get a sense of broad organizational priorities and gain credibility from being introduced by internal power brokers. However, unless they leverage those introductions to dig deeper into specific needs surrounding an award, CyberSample’s team is unlikely to understand the tactical needs of technology implementers, users, or initiative leaders.
Example stakeholder groups and their corresponding priorities for CyberSample are provided in the figure below.
CyberSample stakeholder segments and their priorities. Segments and priorities should be validated by marketing interactions, public discussions, and business development and sales conversations.
Within each agency and with regard to each industry vertical selling into the agency, there will be a different set of stakeholder groups that influence decision-making. Your first task is to gather the intelligence needed to identify, segment, and target each stakeholder group. Taking a card from the B2C marketing playbook, it’s very similar to traditional customer personas, focus groups, data collection and tracking. Businesses that open their minds to alternative digital marketing and outreach methods are putting themselves miles ahead of the competition. This will allow you to move from a broad B2A approach to a more focused B2S methodology.
Executing on B2S Marketing with a Data-Driven Approach
For the approach described above to be successfully executed, each of your internal departments needs to coordinate. That coordination is built on a shared understanding of the agency landscape. A shared understanding requires a consistent and comprehensive approach to data collection, manipulation, and utilization.
Within the Contact Acquisition phase, your company’s Marketing and Content teams need to develop top-of-the-funnel landing pages, emails, webinars, white papers, and presentations that make agency contacts want to opt-in to a relationship with your company. Your Technology team needs to have the systems in place to capture customer interactions from your web properties and events, as well as to trigger intelligent outreach based on those interactions. Your Data team needs to clean and integrate the information captured from these interactions so that intelligence can filter back to Marketing, Content, Business Development, and Sales.
A summary of your company’s information needs is provided in the table below.
Once your company has acquired contacts and is actively monitoring activity, your Marketing, Content, and Business Development teams need to know what messages are resonating with agency stakeholders, and who are credible thought leaders through which to filter those messages. That provides the platform for new content development and for influencer marketing via the people who already have your stakeholders’ attention.
Those messages also enable the Business Development team to schedule meetings and start having conversations with stakeholders about their individual priorities and the interaction between those priorities and the organization at large. Your company can surface conflicts between agency groups to discover how to navigate potential barriers to contract awards.
Meanwhile, your Marketing team can deepen relationships with agency stakeholders through increasingly targeted messaging that moves those stakeholders closer to being promoters of your business. Your Product & Service team can ensure that your product or service value proposition is aligned with the priorities of each stakeholder group as you enter the RFP process. Your Business Development and Sales teams can focus on the individual needs of key stakeholders and customize your messaging to those stakeholders’ needs.
It is the job of your Data team to ensure that each department has the intelligence they need, when and where they need it, to effectively cultivate those relationships and respond with well-honed sales and marketing messages.
Below, we illustrate the division of labor between different departments throughout the Stakeholder Development Lifecycle.
Division of Labor Between Departments for the Stakeholder Development Lifecycle
With an improved strategic approach to B2A marketing, focusing directly on the stakeholders, and a commitment to building the infrastructure and processes to gather and interpret data about them, your company will be better positioned to win government contracts for many years to come.
Centauri utilized Bluetext’s services to launch a new name, brand, and website following a merger. Their go-to-market strategy succeeded in winning new awards, company recruits, and even an acquisition from KBR. Check out how Bluetext has set up more brands for M&A success.
How Do I Get Started?
For the approach described above to be successfully executed, each of your internal departments needs to coordinate. That coordination is built on a shared understanding of the landscape within the agency. A shared understanding requires a consistent and comprehensive approach to data collection, manipulation, and utilization.
The starting point depends on the maturity of your company, specifically in the Data and Marketing Teams. For those with fully staffed teams that can execute, you can follow the plan outlined in this post.
The Data Team holds responsibility for timely, reliable access to data to allow the MarCom Team to execute and your other teams to act on the results. If you are still attempting to develop the overall strategy and buy-in from departmental or executive leadership, or if you don’t have the confidence in the systems in place, Bluetext has several options to help you move forward:
- Data Summit: This workshop is customized to your specific requirements, but is designed to bring together stakeholders from the relevant departments to educate them on the goals of the initiative, gather input from various departments about any concerns or limitations, and move toward a consensus regarding the strategic approach that will improve your targeted marketing efforts.
- Data & Systems Assessment: For those who have made the decision to move forward with improved data-driven marketing, it is critical to have confidence in your data systems (reliability, scalability, and accessibility), data governance (security and policies), and ROI (time to value and budget). Our assessment process addresses all of these aspects and culminates with the development and delivery of a Data Infrastructure and Capabilities Roadmap (DICR). The DICR includes the findings of the assessment, strategic vision, proposed infrastructure solution, and an implementation plan (typically phased).
With the organizational buy-in in place, and you have the data and reliable systems in place, but require assistance in execution in the marketing and content, working with industry-leading partners like Bluetext will allow you to start executing your strategy.
Bluetext brings the marketing and business development expertise needed to elevate your targeting and messaging and brings the data expertise needed to make your web, marketing, sales, and business development data work for you. Reach out to start the conversation about how we can position your company to succeed with government agency marketing and business development.
Content marketing is a consistently invaluable tool to increase conversions by educating your leads and customers. As we welcome a new year as well as a new decade, it’s important to understand the emerging content marketing trends that will dominate 2020. How should you change your digital content marketing strategy to keep pace with the ever-evolving nature of content marketing?
In this blog post, we take a look at 5 content marketing trends that will keep you ahead of the curve in 2020 and beyond.
Data-Driven Content
How are you, as a brand, determining what content is useful and relevant for your audience? That’s where data comes in. By harnessing the lessons of previously successful content marketing initiatives, companies are able to reverse engineer the data and identify KPIs that preceded the success. Once those KPI’s have been established, it is easier to create content in that same strain and capitalize on the proven success. A DC-based digital branding agency like Bluetext can assist you in determining successful KPI’s and creating the rich content your audience wants to read.
Smart Device-Centric Content
Although smart devices have been a key consideration in B2C content marketing for quite some time, this year, more focus will be placed on specific functions of smart devices such as voice search. Voice search is becoming such an integral mobile tool, 48% of consumers are using voice for “general web searches.” Companies looking to stay ahead of the curve should look to optimize their content specifically for voice search purposes. Understanding how users search via their voice will help you tailor your existing content for voice-SEO and create more effective headlines for future content initiatives. A DC digital web design agency like Bluetext can help by conducting an analysis of your audience’s voice searches and recommend changes to your existing content and future content to maximize the return on your investment.
Conversational Marketing is King
In the digital era which champions online shopping, consumers are looking to establish trust and connection through more personalized, authentic shopping experiences. Conversational marketing can aid your company in engaging with your audience in a more genuine way. By engaging in a conversation, your company gains access to more personalized data about your consumers such as their specific needs and future goals. Investing in tools such as chatbots or real human-to-human experiences can make all the difference in your competitive industry. As we progress through 2020, chatbots and other AI tools will continue to improve and positively impact lead generation.
2020: The Year of the Snippet
As we know, Google dominates the search engine market share worldwide, with a resounding 92.71% of the market. When considering a user’s search intent, Google will display what they call a “snippet” at the top of the page, which provides consumers with key points within a piece of content, allowing them to receive the information they’re looking for faster. As such, it’s becoming more commonplace for consumers to enter a longtail keyword into Google, knowing that they will receive the information they’re looking for via a snippet, without clicking any page links whatsoever.
In order to win that highly coveted snippet spot, companies should look to hire an interactive web agency such as Bluetext. Bluetext’s SEO analysts can conduct an audit of your current content and pinpoint exactly where changes need to be made in order to signify to Google crawlers that your content is important. Optimizing your content for snippets will greatly enhance user experience, as users will be able to find the information they are searching for concisely and quickly. Not only will an interactive web agency audit and enhance current site content, but they will also create a content strategy and editorial calendar so your brand can continually publish content your users are searching for.
The Popularity of Podcasts
According to a recent study, 51% of the entire US population has listened to a podcast in 2019. That figure is up by 7% from the previous year. As we look ahead to 2020, podcasts will continue to dominate, as that number is expected to keep rising. Although it may seem like everyone has a podcast these days, there are still opportunities for brands to get ahead of the curve and start their own podcasts.
That being said, if you see a clear demand for audio content within your market, ensure that you create a podcast the right way. Podcasts should have clearly defined KPI’s, a regular posting schedule, and content your audience will actually care to listen to. A Virginia internet & inbound marketing agency like Bluetext can partner with your company to assess the need for a podcast in your industry and among your competitors, help you create valuable content and even develop a paid advertisement plan to spread awareness via other podcasts your audience is listening to.
2020 is already well underway and in order to achieve success, companies need to get ahead of this year’s trends with a thorough and achievable marketing strategy and plan of action. A DC digital branding agency such as Bluetext can audit your current digital content marketing strategy and suggest recommendations to help improve your current trajectory. To learn more about Bluetext and how we can help you, check out our work here.
Driving engagement and other key metrics through organic social media is often an important component of a marketing campaign that targets business executives as its target audience. It complements any paid social or media, helps build awareness, and motivates target audiences to click through to a website or other campaign assets.
The question is, how do you determine the best timing in order to get the best results? This is especially tricky, given the short shelf-life of a Tweet, a Facebook post, or a LinkedIn feed. There are many myths regarding when to post organic social to drive the best results for a marketing campaign. Most of them are based on old, out-of-date assumptions, or gut instinct. Bluetext decided to test these to get hard data behind our campaigns.
The Old Common Wisdom on Social
There are some older pieces of conventional wisdom that have become ingrained in practitioners and that date back a dozen or so years to when social media campaigns were relatively new. Here are a couple that seem to make sense, but that we thought might be outdated given today’s “always-on” business culture:
- Don’t post on Mondays or Fridays. On Mondays, people are busy getting ready for the week and are likely to miss the posts. On Fridays, people are leaving early or checking out for the weekend. And never expect them to engage over their busy weekends.
- Avoid first thing in the morning and late in the day. It’s better to try other times when your target market isn’t so busy or trying to clear out of the office to get home.
Why We Wanted to Test Those Assumptions
Ultimately, we weren’t convinced that the older conventional wisdom was still valid. People work more flexible hours now than previously and are on-line and multi-tasking on a regular basis. Here at Bluetext, we wanted to get real data for ourselves so we could make the best recommendations for our clients.
How We Designed the Test
Working with a large client whose target audiences include business executives in the retail space, Bluetext designed a test that would send out social posts across three platforms where the client has a significant presence and following:
We did this over a four-week period, sending out those posts at a different time of day each week. For Facebook and LinkedIn, we also send out posts on different days of the week to see if and how that might make a difference. We looked at re-posts, replies, likes and link clicks.
The Results
Contrary to the conventional wisdom, the best results for the test’s Tweets were for those posted at 9:00 am and pm weekdays, outperforming those sent at 8:00 am, noon, or mid-afternoon.
The best results for LinkedIn were for those posted at noon on Tuesdays and Thursdays but other positive results for 9:00 am on Wednesdays and Saturdays.
For Facebook, the best results came at noon on Tuesdays, Wednesdays, Thursdays & Saturdays.
How to Leverage This New Data
Focus social posts around those best times and dates for each platform, but don’t ignore the other times or days of the week. Although posting content during “off-hours” might not deliver as much engagement, they will help to build awareness.