Marketing Strategy Archives - Duct Tape Marketing https://ducttapemarketing.com/category/marketing-strategy-2/ Tue, 08 Oct 2024 10:38:58 +0000 en-US hourly 1 https://ducttapemarketing.com/wp-content/uploads/2022/08/cropped-15921-New-Logo-Favicon_V1-DTM.png Marketing Strategy Archives - Duct Tape Marketing https://ducttapemarketing.com/category/marketing-strategy-2/ 32 32 Simplify Your Marketing: How the Marketing Snapshot Can Transform Your Business https://ducttapemarketing.com/marketing-snapshot/ Wed, 18 Sep 2024 20:14:05 +0000 https://ducttapemarketing.com/?p=79937 Simplify Your Marketing: How the Marketing Snapshot Can Transform Your Business written by John Jantsch read more at Duct Tape Marketing

Marketing is a word that can stir up a lot of emotions for business owners. For some, it’s excitement – the thrill of attracting new customers and watching your business grow. But for many, it’s more like frustration, confusion, and even dread. Why?Because marketing today can feel incredibly complex. There are countless channels to manage, strategies […]

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Simplify Your Marketing: How the Marketing Snapshot Can Transform Your Business written by John Jantsch read more at Duct Tape Marketing

Marketing is a word that can stir up a lot of emotions for business owners. For some, it’s excitement – the thrill of attracting new customers and watching your business grow. 

But for many, it’s more like frustration, confusion, and even dread. Why?

Because marketing today can feel incredibly complex. There are countless channels to manage, strategies to execute, and metrics to track. It’s no wonder so many business owners feel overwhelmed.

But what if I told you that marketing doesn’t have to be complicated?

What if there was a way to cut through the noise and focus on what really matters?

That’s exactly what I’m going to show you today with the Marketing Snapshot – a simple, yet powerful tool that can transform your approach to marketing and set your business up for success.

The Problem: Marketing Has Become Too Complex

Let’s start with a harsh truth: most businesses overcomplicate their marketing. It’s not your fault – the marketing world is filled with shiny objects, new trends, and endless tools that promise to deliver incredible results. The problem is that chasing these trends often leads to fragmented efforts, wasted time, and frustration. Instead of clarity, you get confusion. Instead of results, you get noise.

Here’s what I’ve learned after years of working with small business owners: the best marketing is simple. Simple because it’s focused. Simple because it’s consistent. Simple because it’s based on a system.

Marketing Snapshot Training With John Jantsch

Tired of feeling overwhelmed by marketing?

 Struggling with endless marketing tools? We’re building a solution that cuts through the clutter. Want early access?

Sign up, and I’ll keep you updated when it's ready for launch!

Name(Required)
Which best describes you?(Required)


The Solution: A Simple, Systematic Approach

What if you could distill your entire marketing strategy onto one page? What if you had a clear, concise plan that guided every marketing decision you made? That’s the idea behind the Marketing Snapshot.

The Marketing Snapshot is a one-page tool designed to capture the essential elements of your marketing strategy. It’s not about cramming everything you do onto a single page – it’s about focusing on what really matters. It helps you identify your ideal client, craft a compelling core message, and choose the right channels to reach your audience. It’s a simple, systematic approach that brings clarity and direction to your marketing efforts.

Marketing Snapshot


Breaking Down the Marketing Snapshot

So, what exactly does the Marketing Snapshot include? Let’s walk through each section.


1. Ideal Client

This is where it all begins. You can’t create an effective marketing strategy if you don’t know who you’re trying to reach. The Ideal Client section helps you define exactly who your best customers are – not just in terms of demographics, but also their needs, challenges, and behaviors. By understanding your ideal client, you can tailor your marketing efforts to attract more people like them.


2. Core Message

Your core message is the heart of your marketing. It’s the promise you make to your customers – the reason they should choose you over your competitors. In this section, you’ll craft a message that resonates with your ideal client, speaks to their pain points, and clearly communicates the value you offer.


3. Core Channels

With your ideal client and core message defined, the next step is to figure out where to reach them. The Core Channels section helps you identify the most effective marketing channels for your business. Whether it’s social media, email, content marketing, or something else, this section ensures that your efforts are focused where they’ll have the biggest impact.


4. Brand Strategy

Your brand is more than just a logo or tagline – it’s the perception people have of your business. In this section, you’ll define your brand’s mission, vision, and values, and ensure that everything you do aligns with your brand identity. A strong brand strategy helps you build trust and loyalty with your customers.


5. Growth Strategy

This section is all about scaling your business. Whether it’s through new product lines, expanding into new markets, or increasing customer lifetime value, your Growth Strategy will outline the steps you need to take to achieve your business goals.


6. Customer Strategy

Your marketing doesn’t end once someone becomes a customer. The Customer Strategy section maps out the entire customer journey – from awareness to advocacy. It ensures that you’re not only attracting customers but also nurturing them into loyal, repeat buyers who refer others to your business.


Why the Marketing Snapshot Works

You might be wondering, “Can something this simple really make a difference?” The answer is a resounding yes. 

The Marketing Snapshot works because it forces you to focus on the most important aspects of your marketing strategy. It eliminates the distractions and helps you see the big picture.


Here’s why it’s so effective:

  • Clarity: With everything distilled onto one page, you gain a clear understanding of what you need to do and why. No more second-guessing or getting lost in the weeds.
  • Focus: The Marketing Snapshot helps you prioritize your efforts. Instead of spreading yourself thin across dozens of tactics, you focus on the strategies that will have the biggest impact.
  • Consistency: Marketing success doesn’t happen overnight. The Snapshot keeps you consistent by providing a roadmap to follow, ensuring that your efforts are aligned and working together.
  • Simplicity: There's beauty in simplicity. The Snapshot cuts through the complexity of modern marketing and brings you back to the basics- the things that really matter.


How to Get Started with the Marketing Snapshot

How can you start using the Marketing Snapshot in your business?

The first step is to take a step back and assess your current marketing efforts. Are they aligned with your business goals? Are you targeting the right audience? Is your message clear and compelling?

Once you’ve answered these questions, it’s time to fill out your own Marketing Snapshot. If you’re not sure where to start, don’t worry – I’m here to help.

I’m offering a free training where I’ll walk you through the process of creating your own Marketing Snapshot. By the end of the session, you’ll have a clear, concise plan that you can put into action right away.

Marketing Snapshot Training With John Jantsch

Tired of feeling overwhelmed by marketing?

Struggling with endless marketing tools? We’re building a solution that cuts through the clutter. Want early access?

Sign up, and I’ll keep you updated when it's ready for launch!

Name(Required)
Which best describes you?(Required)


Start Transforming Your Marketing with the Marketing Snapshot

Marketing doesn’t have to be a headache. It doesn’t have to be complicated. With the Marketing Snapshot, you can simplify your approach, gain clarity, and start seeing real results. It’s time to stop chasing trends and start focusing on what really works.

If you’re ready to transform your marketing and grow your business, I invite you to join me for this free training. Let’s make marketing simple, effective, and fun again.


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Scale Your Business with Precision: A Step-by-Step Guide to Implementing the Marketing Strategy Pyramid https://ducttapemarketing.com/guide-to-marketing-strategy-pyramid/ Fri, 30 Aug 2024 20:08:24 +0000 https://ducttapemarketing.com/?p=79563 Scale Your Business with Precision: A Step-by-Step Guide to Implementing the Marketing Strategy Pyramid written by John Jantsch read more at Duct Tape Marketing

Want to stay ahead of your competition and keep your business growing? A solid marketing strategy and understanding the Marketing Strategy Pyramid are key. With AI evolving fast, attention spans shrinking, social media algorithms constantly changing, unpredictable ad costs, and tighter privacy rules, it’s easy to get caught up in the latest "quick fixes." But what your […]

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Scale Your Business with Precision: A Step-by-Step Guide to Implementing the Marketing Strategy Pyramid written by John Jantsch read more at Duct Tape Marketing

Want to stay ahead of your competition and keep your business growing? A solid marketing strategy and understanding the Marketing Strategy Pyramid are key.

With AI evolving fast, attention spans shrinking, social media algorithms constantly changing, unpredictable ad costs, and tighter privacy rules, it’s easy to get caught up in the latest "quick fixes."

But what your business—or your clients' businesses—really needs is a steady guiding light to stay on track. That’s where the Marketing Strategy Pyramid comes in.

You can catch the podcast episode here if you would rather listen to me talk about the Marketing Strategy Pyramid.

What is Marketing Strategy?

It’s easy to get tangled in the jargon of marketing tactics, but at its core, a marketing strategy is the master plan that sets the direction for how your business will compete and stand out in the marketplace.

For fCMOs and business owners, it's critical to not just know but to master the art of aligning these strategies with broader business objectives. 

For businesses, it’s important to prioritize strategic planning over quick fixes. Strategic planning provides the framework to make decisions that enhance long-term sustainability rather than just immediate gains.

If I were to give marketing strategy an emotional definition, it's how you will place the flag in the sand to say, “Here's how we're going to dominate.” But that probably isn’t helpful in understanding how to create a successful marketing strategy. That is why I built the Marketing Strategy Pyramid.


The Marketing Strategy Pyramid

Think of the Marketing Strategy Pyramid as your roadmap for integrating comprehensive strategies with your business’s key goals. The Marketing Strategy Pyramid shows that there is no one magic marketing strategy or marketing tactic. It's really about integration, and that's what we do for clients, something we call Strategy First. 

The Marketing Strategy Pyramid has five layers to it, and the middle three layers are really the marketing strategy component and everything rests on the overarching business strategy.

3 Core Components of the Marketing Strategy Pyramid:

  • Business Strategy: This is the bedrock that focuses on growth, dominating your market, and retaining clients.
  • Marketing Strategy: This layer is the heart of the operation, including brand, growth, and customer strategies.
  • Team Strategy: The capstone that ensures your strategies are executed flawlessly by your team.

When we come in to work with a client, the main thing we are there to do is develop the marketing strategy and then the list of tactics to employ that strategy, but everything is based on the overarching business objectives. So if growth is a business objective, if dominance in a market is a business objective if retention of clients is a business objective, then the marketing strategy is built around that and only that to begin with.


Business Strategy

The foundation of all of this is the business strategy, which sets the stage for every tactical decision.

For example, the very first thing we do in working with a client is try to understand where they're going, try to understand the profit that they want to make in this business, try to understand the market share that they want to enjoy before we ever start really suggesting anything.

And unfortunately, very few marketers actually take that approach. Very few business owners actually take that approach. They want to hire a marketer to generate some leads, and that usually leads them to doing a whole bunch of different tactics that they shouldn't be doing and takes them away from focusing on the things that are actually going to allow them to meet their marketing objectives and drive real growth.


Developing a Marketing Strategy

The marketing strategy is the meat of the Marketing Strategy Pyramid and consists of brand, growth, and customer strategies. These three elements reflect the comprehensive journey a customer takes with your business.

At Duct Tape Marketing, we believe this is how a customer or a lead effectively moves through a business. These three elements reflect the marketing journey inside of the marketing strategy. 

Often, people end their marketing strategy with a clever tagline, colors, and logos, and they call it a day. But what I want to suggest is a marketing strategy actually runs through the entire customer journey. 

We use something called the Marketing Hourglass. It’s a tool we use to reinforce this idea of the customer journey. 


The Real Brand Strategy

Brand strategy is where we will help identify who makes an ideal customer, narrow the focus, and define the products and services the customer is looking for. 

We also are going to focus a great deal of attention on messaging. Are we promising to solve that ideal customer's biggest problem as opposed to, here's what we sell, so nobody cares what we sell; they want their problems solved.

  • Narrowing Focus: Pinpoint your ideal customer to tailor your marketing efforts directly to them.

  • Defining Offerings: Clarify what you provide that specifically solves your customers' problems.

  • Messaging: Shift the conversation from what you sell to how you solve their biggest headaches.

For example, consider Cedar Ridge Retreat Homes, who came to us facing significant challenges in marketing their luxury home-building services. Their previous marketing efforts failed to resonate, leaving their brand message unclear and poorly aligned with their business objectives. 

Through our "Strategy First" process, we pinpointed their ideal customer and crafted a resonant brand identity that emphasized retreat spaces over generic rentals. This strategic pivot not only clarified their offerings but positioned Cedar Ridge for substantial growth in their niche market.

Brand strategy development also includes things like how we want to be perceived. Are we fun? Are we very serious? Are we analytical? This drives all of your content. Lastly, many people put this first, we want to make sure that the names, colors, graphics, logos and things all support the message and the brand promise are aligned. That is all the first part of marketing strategy.

Strategy First Marketing Graphic

Formulating a Growth Strategy

The second part is the growth strategy. What are the tactics we're going to use to attract, build trust, get people to try and buy from us? 

The growth strategy includes all of the communication and content designed to move people through the Marketing Hourglass stages. Certainly, it's advertising and all the things that create awareness. It should also be about building trust and facilitating a seamless buying experience.

  • Content and Advertising: Use these tools to educate and engage potential customers.

  • Sales Processes: Create processes that are as streamlined as they are effective.

By staying attuned to the current landscape, we, as fractional CMOs, can pinpoint the opportunities and challenges that will shape the success of our strategies. For instance, if we observe a rising trend in video content consumption and it aligns with the business strategy, it’s essential to weave video marketing into our growth plans to effectively capture and engage our client’s target audience.


Building a Customer Strategy

After the sale, the real work begins. Your customer strategy should aim to turn first-time buyers into lifelong fans and advocates. This includes:

  • Onboarding: Make their first experience with your brand unforgettable.

  • Customer Engagement: Keep the dialogue going and the relationship growing.

  • Referral Programs: Use satisfied customers to bring in new ones. I wrote an entire book on referrals called “The Referral Engine: Teaching Your Business to Market Itself” that covers this topic extensively. 

Our past customers are often our best customers. Did you know 80% of a company's revenue comes from just 20% of its existing customers? 

By investing in these customer loyalty strategies, you can build a base of devoted customers who drive sustainable growth for your business.


Implementing a Team Strategy

So their overarching business builds on this business strategy, has marketing strategy in the middle, and the cherry on top is the team strategy. 

The team is there for the execution. You build it (business strategy), communicate it (marketing strategy), and execute on it (team strategy). 

Team strategy includes:

  • Team Alignment: Ensure everyone is on the same page and fully equipped to deliver.

  • Training and Development: Keep your team sharp and informed with regular training.

  • Culture: Cultivate a team culture that attracts and retains top talent, emphasizing values that elevate both the company and its clients.

As a business owner, the team also allows you to scale efficiently and effectively.

 "If you want to go fast, go alone. If you want to go far, go together."

For fCMOs and business owners, a well-crafted marketing strategy is more than a set of tactics. It’s a comprehensive system that threads through every layer of your business. By leveraging a structured approach like the marketing strategy pyramid, you can align your business goals with your marketing efforts to drive real, sustainable growth.

Visit dtm.world/growth for insights and tools to understand your or your clients' marketing strategy and ultimately grow your business.

Navigating this journey isn’t just about knowing what to do; it’s about making strategic moves that make sense for your business. 


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Fractional CMO Services: Strategy Before Tactics https://ducttapemarketing.com/strategy-before-tactics-interview/ Tue, 16 Jul 2024 13:26:33 +0000 https://ducttapemarketing.com/?p=79069 Fractional CMO Services: Strategy Before Tactics written by John Jantsch read more at Duct Tape Marketing

In a recent interview on the Near Media podcast, I had the opportunity to discuss the growing trend of fractional CMO services and how they can benefit small to midsize businesses (SMBs). As the founder of Duct Tape Marketing, I’ve been working with SMBs for over 30 years, and I’ve found that many of these […]

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Fractional CMO Services: Strategy Before Tactics written by John Jantsch read more at Duct Tape Marketing

In a recent interview on the Near Media podcast, I had the opportunity to discuss the growing trend of fractional CMO services and how they can benefit small to midsize businesses (SMBs). As the founder of Duct Tape Marketing, I’ve been working with SMBs for over 30 years, and I’ve found that many of these organizations face similar challenges when it comes to marketing strategy and execution.

Increase Frac CMO retention and revenue

One of the key points I emphasized during the interview is the importance of strategy before tactics. Too often, SMBs focus on executing marketing tactics without a clear, overarching strategy in place. This leads to a scattered approach that fails to target their ideal customers or differentiate them from competitors effectively.

Fractional CMO services aim to address this issue by providing SMBs with access to high-level marketing expertise on a part-time basis. By hiring a fractional CMO, businesses can benefit from strategic guidance and direction without the cost of a full-time chief marketing officer.

During the interview, I discussed how Duct Tape Marketing’s approach to fractional CMO services begins with a comprehensive strategy phase. This involves working closely with the client to identify their target market, develop clear messaging, and create a customer journey map that encompasses all stages of the marketing hourglass—know, like, trust, try, buy, repeat, and refer.

Once the strategic foundation is in place, we help clients mature their marketing efforts through a staged approach. This involves setting priorities, establishing metrics for success, and consistently communicating progress to stakeholders.

One of the most significant benefits of working with a fractional CMO is building a strong relationship founded on trust. By advocating for the customer within the organization and focusing on strategy before tactics, fractional CMOs can help SMBs achieve sustainable growth and success.

As for the role of AI in marketing, I believe it serves as a valuable tool for increasing efficiency and producing content at scale. However, AI must be married with human expertise and strategic context to be truly effective. Fractional CMOs can play a crucial role in helping businesses navigate the challenges and opportunities presented by emerging technologies like AI.

Fractional CMO services offer SMBs a cost-effective way to access high-level marketing expertise and develop a comprehensive growth strategy. By prioritizing strategy before tactics and building strong client relationships, fractional CMOs can help businesses thrive in an increasingly competitive marketplace.

 

The interview is broken into 3 parts and can be heard here.

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How to Scale Your Agency with Productized Marketing Services https://ducttapemarketing.com/productized-marketing-services/ Mon, 08 Jan 2024 14:49:39 +0000 https://ducttapemarketing.com/?p=75607 How to Scale Your Agency with Productized Marketing Services written by John Jantsch read more at Duct Tape Marketing

Discover how productized marketing services can elevate your agency's efficiency and profitability. Learn to streamline offerings for maximum impact!

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How to Scale Your Agency with Productized Marketing Services written by John Jantsch read more at Duct Tape Marketing

The best thing you can do right now to scale your agency is to productize your marketing services.

Struggling to scale your strategic marketing agency? Working tirelessly on
both big and small projects but feeling like your earnings don’t match
your effort? This frustration is shared by many, where the hours poured
into work seem to overshadow the financial return. I navigated a similar
hurdle when I first started my strategic marketing agency, Duct Tape
Marketing, working relentlessly but watching my earnings plateau. It was
at that moment I understood things couldn’t stay the same.

Over 20 years ago, I pivoted from tailoring bespoke, effort-heavy
marketing solutions that left me exhausted and my clients less than
impressed to embracing a transformative strategy: productized offerings.
productized marketing services. This strategy was a game-changer, allowing
my agency to work smarter, not harder, and significantly increasing our
revenue year after year.

Get a complete
fractional CMO system</a >
that changes how you think about your agency’s growth.

 

Table Of Contents:

 

The Essence of Productized Services in Marketing

Productized marketing services are fixed, repeatable offerings; most
agencies offer services tailored to each clients’ unique needs. This is
not to say that each client is not unique and should not be treated as
such. But in the very beginning of an agency-client relationship there are
certain things that every client needs and that is what can be
productized.

The idea of productizing marketing service based business goes beyond
marketing and can really be applied to almost any service-based industry.</a >

Defining Productized Marketing Services

In marketing, productizing means turning your offerings into standardized
packages. Like products on a shelf, these services have fixed scopes and
price tags. Think Facebook ads or web design but sold like off-the-rack
suits: they fit well enough for most businesses without needing
tailor-made solutions.

This business model takes what typically might be custom work—say
designing a website—and distills it down into something more tangible:
“Website Design Package A includes up to 5 pages with basic SEO
optimization.” It makes buying decisions easier because clients know
exactly what they’re getting and at what cost—a powerful lure for small
businesses watching every penny.

Benefits of Productizing Your Agency’s Services

If you’ve ever faced cash flow headaches at month-end or juggled multiple
client expectations simultaneously, standardization could be your
ticket to scalability heaven</a >. By defining precise deliverables upfront—whether it’s logo design or
web development—you let potential clients know exactly what they’re
getting without any guesswork involved.

Productizing also allows agency owners to save time focusing on crafting
high-quality content rather than being bogged down by project management
intricacies every step along the way. You get more space to stay focused
on market trends while fostering long-term relationships through reliable
delivery mechanisms; ultimately leading not just revenue growth but also
customer satisfaction due largely thanks in part because user experiences
have been made so much better.

Revolutionize your agency with productized services—like a 3 item coffee
shop menu for digital marketing. Say hello to clear choices, fixed
prices, and happy clients. #MarketingStrategy #AgencyGrowthClick To Tweet

Crafting Your Productized Marketing Service Offerings

Turning your marketing agency’s services into well-oiled machines starts
with a focus on productization. Creating a consistent experience for your
customers through productizing is the key to providing an efficient and
expert service.

Identifying Your Target Market

Before anything else, zeroing in on who will love your service is key. You
want to aim for that sweet spot where 20% of customers bring in most
business benefits—your ideal target market. Look at your data trends; they
don’t lie. They tell tales of who your best clients and who’s willing to
pay for the value you provide.

Once you have
identified the top percent</a >
then dig deeper. You need to understand their pain points better than they
do themselves because let’s face it, everyone loves someone who gets them.

Structuring Your Service Packages – Standardize

The art here lies not just in creating attractive bundles but ensuring
each one has clear deliverables—a transparent blueprint clients can trust.
With clarity comes confidence from both sides: agencies promise tangible
results while clients grasp exactly what they’re investing in.

Pricing structures mustn’t be a puzzle either; transparency wins races
here too. By communicating pricing models early, clearly, and often you
can start to earn trust, something that is hard to do in the agency world.

Standard Operating Procedures (SOPs) for Consistency

SOPs aren’t glamorous—but boy do they pack a punch when delivering
consistent customer experiences. This step will take time. Even if it took
3 weeks, it would likely be the most beneficial 3 weeks you spent on one
thing for you agency.

This structured approach helps teams stay focused so time isn’t wasted
reinventing wheels but rather polishing those already rolling smoothly
along tracks paved by streamlined processes designed specifically around
efficiency—and ultimately leading towards predictable outcomes loved by
all parties involved.

These SOPs are what will allow you to scale, to teach others how to run
your processes almost as well as you would. This is what will allow you to
start working on your agency instead of in it.

 

Key Takeaway: Turn your agency’s services into
productized services, offering the same excellence every time—like a
trusted cup of coffee.

Nail down who really digs your service. Use data to uncover their
pain points and craft packages that hit home – For Them, Not You.

Create clear, confidence-boosting service bundles with
straightforward pricing. And finally experience a trusted client
relationship.

SOPs are your secret sauce for delivering spot-on customer
experiences consistently—it’s all about precision and
predictability.

More on the Benefits of Productizing Your Marketing Services

Revolutionize It’s about transforming those time-sucking, custom, often
unpredictable service offerings into neatly packaged, expert solutions
that clients can trust. Because you have done it before you know what the
results will be. Your services are proven and not a test.

Streamlining Sales and Operations

By standardizing your offerings with productized services, you create a
smooth-running machine. Your client knows the exact service that they will
get with clear package outlines and pricing and you know exactly how to
deliver that to them and how much time it will take.

Your team members will thank you as well because when they have clear
standard operating procedures (SOPs) to follow, it takes away guesswork
and streamlines training. And if there’s one thing employees appreciate,
it’s knowing exactly what needs to be done without having to decode
cryptic instructions every day.

Boosting Profit Margins

Once you’ve nailed down an efficient delivery method for your productized
service—the kind that lets customers know precisely what they’re
getting—you can actually charge more for them. Yes indeed. Because
consistency breeds quality which justifies premium pricing all day long.

This model also helps keep cash flow steady since recurring services mean
predictable monthly income streams—it’s like subscription models in retail
but without needing fancy box packaging or catchy jingles.

Enhancing Customer Value Proposition

Last but certainly not least is how this approach elevates customer
experience—a critical factor considering today’s consumer savviness where
poor user experiences never go unnoticed (or so social media would have us
believe). When clients understand exactly what they’ll get from each
package offer—they’re happier because transparency builds trust.

The cherry on top? They start seeing results quicker thanks again to those
standardized processes which make delivering high-quality work
efficiently.

 
Key Takeaway: Productizing your marketing services
turns chaos into clarity, making sales smoother and boosting profits.
Your team gets clear SOPs while clients enjoy transparent packages
they can trust—leading to quicker results and killer referrals.

Communicating Value Effectively

Sell not just what it is but what it solves; paint a picture where their
life gets easier because of your packaged solution—and yes, we mean
literally spell out those benefits so they know exactly what they’re
signing up for.

  • Your Facebook ads management might save 10 hours per week—that’s
    binge-watching two seasons of “The Office” worth of time saved.
  • Show them how speed optimization means no more spinning wheels on their
    website—which translates into visitors sticking around longer than a
    confused squirrel on a busy street.

Remember though—no amount of persuasive chatter will stick if you don’t
deliver promised results. That said, once people see others singing
praises about how much easier life is post-adoption (cue testimonials.),
trust me—they’ll line up faster than kids at an ice cream truck.

Examples of Productized Marketing Services

 

Duct Tape Marketing Fractional CMO+ System

 

Marketing Your Productized Services Effectively

Give Your Productized Service a Name

Name or brand your service to help sell it. For example, I created
Strategy First</a >, which is the name for my marketing system that I offer to clients. That
itself became it’s own brand. I created materials, elements, and graphics
just for Strategy First. This showed my clients exactly what they were
going to get and familiarize themselves with the concept.

The steps of Duct Tape Marketings Strategy First Marketing System

Leveraging Social Media and Content Creation

According to a survey by Databox 47%
of agencies are not happy with their self-marketing</a >
when compared to their competitors. Social media isn’t just for cat videos
anymore—it’s a megaphone for your marketing message. Educate your audience
on the problems that this productized approach solves for them and use
social media to amplify that message. Craft high-quality content around
pain points, showing them there’s light at the end of their
problem-riddled tunnel through your well-defined service packages.

Field Testing and Refinement

Rome wasn’t built in a day—and neither will perfect productized service
models be conjured up overnight either. Once you’ve created some stellar
packages based on your best-selling services it’s showtime: field testing
with actual paying customers who’ll give honest feedback. This stage is
crucial since customer insights help tweak those initial assumptions made
during development.

 

Key Takeaway: Market your productized services:
Give your productized service a brand, name and voice.

 

Build trust through content. Use social media for more than just
posts; tell stories that resonate with your audience’s challenges
and spotlight how your services are their light at the end of the
tunnel.

Leverage SEO to make sure those searching for what you offer find
you first—optimize content, clarify deliverables, and use internal
linking to drive conversions.

Test & refine.

Embrace productized marketing services, and you transform chaos into
clarity.
Embrace standardization</a >, and you give your clients the gift of certainty. Embrace scalability,
and watch your business grow.

Finding that sweet spot in pricing models takes finesse but gets you
closer to predictable cash flow and agency expansion. Crafting these
services means tuning into your top clients, taking the time to
standardize, and locking down SOPs—because consistency is king.

Your marketing strategy and expert-level productized services should make
you the trusted advisor in your clients eyes. Ultimately, enhancing
customer experience through clear deliverables that secure trust and those
long-term relationships crucial for sustained success for any strategic
marketing agency.

Free up your time, increase ROI, and finally learn how to scale by
licensing a complete
fractional CMO+ system</a >
for your marketing agency. We have helped 1000s of agencies scale and
clients soar with this proven marketing system,
check it out.</a >

If you liked this post, check out our
Ultimate Guide to Scaling a Fractional CMO Business</a >.

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Small Business Metrics to Track: Measuring Success The Right Way https://ducttapemarketing.com/small-business-metrics-success/ Mon, 04 Sep 2023 18:00:39 +0000 https://ducttapemarketing.com/?p=73092 Small Business Metrics to Track: Measuring Success The Right Way written by John Jantsch read more at Duct Tape Marketing

Are you tracking the right metrics that truly measure your definition of success? Many entrepreneurs and small business owners operate by gut feel, but that’s not a reliable gauge of actual success. True progress isn’t about being perpetually busy or keeping your phone buzzing. It’s about setting tangible, measurable goals and executing a strategy that […]

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Small Business Metrics to Track: Measuring Success The Right Way written by John Jantsch read more at Duct Tape Marketing

Are you tracking the right metrics that truly measure your definition of success?

Many entrepreneurs and small business owners operate by gut feel, but that’s not a reliable gauge of actual success. True progress isn’t about being perpetually busy or keeping your phone buzzing. It’s about setting tangible, measurable goals and executing a strategy that aims directly at achieving them. To keep you focused and make the most of your time—and even save a bit of money along the way—this guide explores how to set the right metrics and how to measure them effectively

The Importance of Tracking Business Metrics for Success

Measuring success is not just a task; it’s a necessity for growth. Working from a marketing strategy that relies on predefined metrics provides you with a guideline to follow and keeps you moving toward your goals. It enables a clear view of the trajectory, ensuring that your business progresses in the direction you want. 

Proper measurement also helps you to avoid unnecessary distractions. Your marketing strategy is your filter. It helps you say no to things that don’t align with your plan, minimizing wasted resources and keeping your team on track. Creating and sticking to a measurement plan allows you to pinpoint distractions and eliminate them efficiently.

5 Metrics-Focused Tips for Small Business: How to Achieve Meaningful Marketing Goals

1. Set Quarterly Objectives

Setting quarterly objectives means dividing the year into four distinct periods and assigning specific, measurable, achievable, relevant, and time-bound (SMART) goals for each quarter. These objectives act as a compass for your marketing team, guiding your efforts and ensuring that everyone is aligned toward the same goals. By breaking down the annual goals into smaller, manageable chunks, you keep the focus sharp and make progress more measurable. It’s a good idea to focus on 3 main quarterly objectives and have everything you do filter through them. 

2. Track Conversions That Matter

Not all conversions are created equal. It’s essential to identify the key actions that drive your business objectives, like lead forms being filled out or phone calls from ads. By concentrating on these vital conversions, you can align your marketing strategies to support these actions specifically. Tracking these conversions provides real-time insights into what’s working and what isn’t, enabling you to make informed decisions and adjustments as needed.

If you are having trouble identifying what small business metrics to track and the conversions that matter, go back to your quarterly objectives. If you can not identify how a conversion helps you achieve one of your quarterly objectives, it’s probably not worth tracking at the moment. 

3. Know your KPIs 

Don’t get caught up trying to track everything, at least not at first. Key Performance Indicators (KPIs) are the specific metrics that are closely tied to your business’s revenue and profit growth. 

These business metrics can vary from industry to industry but often include factors like customer acquisition cost, customer lifetime value, conversion rate, and sales growth. By narrowing your focus to the 5 or 6 KPIs most relevant to your business, you can keep track of the most critical aspects of your marketing efforts. KPIs act as guideposts, helping you to gauge performance and make necessary adjustments.

4. Use the Traffic Light System

The traffic light system is a simple yet effective way to monitor progress toward your marketing goals. It allows you to take a quick look at all your KPIs and know immediately what needs attention or what goals need to be adjusted. You can use the colors of a traffic light – green, yellow, and red, to represent different stages of your progress.

Green: You’re on track and meeting your objectives.

Yellow: Caution is advised; some areas might need attention or adjustment.

Red: Critical issues that require immediate action.

This color-coded system offers a visual representation of where you stand concerning your goals, making it easier to identify areas that need attention. By regularly assessing your status using the traffic light system, you can respond more quickly and make necessary changes to stay on track.

5. Setting Time to Review Metrics

Regularly reviewing your business metrics ensures you stay aligned with your objectives and adapt as needed. That is why it’s important to allocate time to review your metrics consistently. Regular assessments help you stay aligned with your objectives and enable you to spot trends or anomalies early.

The business world is not static, and neither is your marketing strategy. It’s essential not to stay rigid. Sometimes, business goals and conditions change, and you should be prepared to modify your metrics or tactics accordingly. After all, if your strategies are effective, your business will grow, and adjustments will be necessary.

Embracing both discipline and flexibility in your approach will position you to respond proactively to shifting demands, keeping your strategies aligned with meaningful aspects of business growth and profitability. It’s a balance that fosters not only the achievement of current objectives but also prepares you for future opportunities and challenges.

Download our AI Prompts for Building a Marketing Strategy

This toolkit can help you develop a complete marketing strategy to help you measure your success and stop wasting resources. It’s a step-by-step approach designed to boost your marketing efforts, and create an effective measurement plan.

AI Prompts

The benefit of proper measurement for your Marketing Strategy

Understanding and measuring what’s working (or not working) in your marketing strategy is essential. Without proper measurement, you can easily drift off course, waste resources, and miss out on opportunities for growth.

In a world filled with distractions and myriad ways to measure success, a well-defined marketing strategy acts as your roadmap toward achieving your goals and keeps you on the fast track to get there. From setting clear objectives to identifying the KPIs that truly matter, you can build a plan that aligns with your goals, avoids unnecessary pitfalls, and is flexible enough to adapt to change. 

You can download our AI Prompts for Developing a Comprehensive Marketing Strategy. Better yet, if you’d rather we handle the strategizing for you, book a call with us.

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5 Time-Saving Tips for Busy Business Owners https://ducttapemarketing.com/5-time-saving-tips-business-owners/ Mon, 28 Aug 2023 18:00:35 +0000 https://ducttapemarketing.com/?p=73086 5 Time-Saving Tips for Busy Business Owners written by John Jantsch read more at Duct Tape Marketing

There's a constant, niggling question that haunts every small business owner: "Am I doing enough in my business?" This is often followed by: "Is my marketing strategy hitting the mark?" If you've found yourself pondering these questions, you're not alone. The complexity of marketing today often leaves us wondering if we are doing too much […]

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5 Time-Saving Tips for Busy Business Owners written by John Jantsch read more at Duct Tape Marketing

There's a constant, niggling question that haunts every small business owner: "Am I doing enough in my business?" This is often followed by: "Is my marketing strategy hitting the mark?" If you've found yourself pondering these questions, you're not alone. The complexity of marketing today often leaves us wondering if we are doing too much or too little. It's a balancing act, trying to keep pace with the evolving digital landscape without squandering precious resources.

As the founder of Duct Tape Marketing, I've watched the scene evolve, with businesses trying to navigate the maze that is modern marketing. Often, I find entrepreneurs trying to be everywhere at once, which, in my experience, leads to two things: wasted time and wasted resources. A scattergun approach might cover more ground, but it rarely hits the target.

The Realities of Entrepreneurial Marketing

There's no sugarcoating it: today's entrepreneurial world is complex, with an array of marketing channels at your disposal. Social media alone offers a plethora of platforms – Facebook, Twitter, Instagram, LinkedIn, Pinterest, Snapchat, TikTok… the list goes on. Add to this email marketing, SEO, content marketing, PPC advertising, influencer marketing, affiliate marketing - and you're facing a veritable buffet of choices.

With so many options and so little time, it's easy to feel overwhelmed. But rather than throwing your hands up in defeat or jumping haphazardly from one strategy to another, it's critical to devise a marketing plan. A well-thought-out, strategic approach helps you focus on the strategies that work best for your business.


5 Effective Time-Saving Tips

5 Effective Time-Saving tips for Small Business Owners to help them stop wasting time and start focusing on high-impact activities that drive business growth and enhance customer engagement.

To help you create a more efficient and effective marketing plan, here are five time-saving tips to consider:


1. Focus on Key Marketing Strategies

Don't fall into the trap of following every new marketing trend. Instead, focus on the key strategies that align with your business goals and customer needs.


2. Prioritize High-Payoff Tasks

All tasks are not created equal. Identify those that offer the highest payoff for your investment. This could be SEO optimization, targeted email campaigns, strategic partnerships, or another high-impact initiative.


3. Avoid Non-Productive Marketing Channels

It's essential to know where your ideal customers spend their time. If they aren't active on a certain platform, there's no point in wasting resources there.


4. Allocate Time and Effort Wisely

After identifying the most effective channels, invest appropriate resources into making them work for you. This could mean hiring a social media manager or spending more time developing high-quality blog content.


5. Consistently Evaluate and Adjust

Lastly, remember that marketing strategies should be fluid, not static. Continually track and assess the performance of your marketing efforts and be ready to adjust your strategy when necessary.


Are you wasting money with your marketing efforts?

Embark on a journey to uncover your business's untapped potential with our Gap Analysis. Turn chaos into clarity and see your vision come to life, driving your marketing strategy and propelling your business toward success.


Why You Can't (And Shouldn't) Be Everywhere

As a small business owner, you might feel pressured to have a presence on every available marketing channel. Resist this urge. Instead, identify your ideal customers, find out where they hang out, and focus your resources there. By being strategic and selective, you can maximize your marketing impact and save valuable time and effort.


The Power of a Marketing Strategy

A well-crafted marketing strategy not only guides your efforts but also informs you of what not to do. It's a map that helps you navigate the vast marketing landscape, avoiding unnecessary detours and dead ends. This strategy-centric approach allows you to build momentum by focusing on key areas and tracking your results, which is essential for growth.

If you're feeling overwhelmed or stuck, it might be time to reevaluate your current marketing strategy and learn about the components to create a good one. Remember, it's not about doing everything—it's about doing the right things.

To aid you in your marketing journey, consider our Gap Analysis. This tool helps you uncover untapped potential and inefficiencies in your current marketing strategy, transforming chaos into clarity. It's a powerful first step towards a more efficient and effective marketing approach.

Remember, in marketing and in business, focus is key. Instead of scattering your efforts across every platform and strategy, hone in on what truly works for your business. Stop wasting time and resources, start maximizing your marketing strategy today. Your future self will thank you.


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4 Goal-Setting Tips to Stop Entrepreneurial Overwhelm and Guide Growth https://ducttapemarketing.com/4-goal-setting-tips-business-overwhelm/ Mon, 21 Aug 2023 18:00:51 +0000 https://ducttapemarketing.com/?p=72889 4 Goal-Setting Tips to Stop Entrepreneurial Overwhelm and Guide Growth written by John Jantsch read more at Duct Tape Marketing

Have you ever felt as though managing a business is a perpetual climb or that you are spinning too many plates, constantly working to keep all the various projects and responsibilities moving without letting anything fall apart.If you find yourself nodding in agreement, know that you're in good company. The path of an entrepreneur often […]

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4 Goal-Setting Tips to Stop Entrepreneurial Overwhelm and Guide Growth written by John Jantsch read more at Duct Tape Marketing

Have you ever felt as though managing a business is a perpetual climb or that you are spinning too many plates, constantly working to keep all the various projects and responsibilities moving without letting anything fall apart.

If you find yourself nodding in agreement, know that you're in good company. The path of an entrepreneur often resembles a never-ending checklist that can become burdensome. Managing customer expectations, staff, finances – it all adds up. So the question arises: How do we steer through this with success? It's a challenge, but with the right strategies and a clear mindset it is certainly possible.


The overwhelm problem

Overwhelm is like a hidden enemy. It doesn't just take away your calm and happiness; it stops you from moving forward. It can make you rush decisions, change paths, and lose faith in yourself. Without a clear plan, you can feel stuck, always reacting instead of acting. It's like drowning in tasks with never enough time. But with the right approach, you can get through it.


The potential of a marketing strategy

Here is where the magic lies - a potent marketing strategy. This strategy does more than dictate your to-do list; it helps decide what not to be done. A strong marketing strategy permits you to establish weekly, monthly, or even quarterly priorities. It plots a route from your current position to your desired destination.

When unforeseen circumstances, customer complaints, or employee-related challenges arise, your marketing strategy will keep you grounded. Clear set priorities will keep you on track, preventing minor distractions or crises from knocking you off course. Here you can find out if your business needs a marketing strategy.

Are you overwhelmed with your marketing efforts?

Embark on a journey to uncover your business's untapped potential with our Gap Analysis. Turn chaos into clarity and see your vision come to life, driving your marketing strategy and propelling your business toward success.


4 goal-setting tips to stop entrepreneurial overwhelm


1. Set SMART Goals

Make your goals Specific, Measurable, Achievable, Relevant, and Time-bound. For example, instead of vaguely aiming to "increase sales," target a 15% rise in sales over the next quarter. This framework lends structure and clarity to your goals, steering clear of the overwhelm that can accompany vague and unachievable objectives.

2. Prioritize

Not all goals carry the same weight. Discern which ones will make the most significant impact on your business and channel your efforts in that direction. Keep the 80/20 rule at the forefront of your decision-making process.

3. Develop a Marketing Strategy

A well-crafted marketing strategy serves as your roadmap, helping you make sense of the chaos. It helps you to discern what needs to be done to move your business forward. It's a decision-making tool, a constant guide, and a source of reassurance that your efforts are focused on the right places.

4. Break it Down

Large goals can be intimidating. Make them more manageable by breaking them down into smaller, actionable tasks. Say you want to expand your retail business into a new city; you can break this down into tasks like researching locations, securing financing, and hiring local staff. Each completed task becomes a milestone, making the goal feel more achievable and keeping overwhelm at a distance.


Growth without the overwhelm

By incorporating these four tips into your business routine, you can transform your approach to goal setting and dodge the business overwhelm. If you're ready to make this shift, the Duct Tape Marketing Gap Analysis is a perfect guide. It helps you identify your priorities, highlight your growth drivers, and scale without multiplying your stress.


With the right plan, you can say goodbye to the confusion and mess that marketing overwhelm brings. It's time to replace it with clear thinking, confidence, and growth. Let's remove the chaos from your business and put in place a focused strategy that really works.


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Charting Profits: How a Clear Vision can Amplify Your Marketing Results https://ducttapemarketing.com/charting-profits-clear-vision-amplified-marketing/ Tue, 15 Aug 2023 15:36:12 +0000 https://ducttapemarketing.com/?p=72870 Charting Profits: How a Clear Vision can Amplify Your Marketing Results written by John Jantsch read more at Duct Tape Marketing

A company's vision is its roadmap for the future. It encompasses the organization's long-term goals and aspirations and lays out its desired destination. Experience tells me that a successful vision is more than just an aspirational concept. It's a practical, actionable plan that should guide every decision and action within your business, including your marketing […]

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Charting Profits: How a Clear Vision can Amplify Your Marketing Results written by John Jantsch read more at Duct Tape Marketing

A company's vision is its roadmap for the future. It encompasses the organization's long-term goals and aspirations and lays out its desired destination. Experience tells me that a successful vision is more than just an aspirational concept. It's a practical, actionable plan that should guide every decision and action within your business, including your marketing strategy.


Understanding the Role of Vision in Marketing Strategy

In the realm of marketing, your vision takes on an especially significant role. It provides the framework within which your marketing strategy operates, informing decisions about audience targeting, channel selection, messaging, and more. If you're a small business owner, it's vital to grasp this connection and ensure your marketing strategy is steeply aligned with your overall business vision.


Charting Profitable Growth Goals

Armed with your vision, you can begin setting realistic and profitable growth goals. This requires translating your vision into tangible, measurable objectives. It's not enough to say you want your business to grow. Make your goals SMART - Specific, Measurable, Achievable, Relevant, and Time-bound - to increase your chances of success.



Maximizing Impact with a Robust Business Vision

Your vision also defines the kind of impact you wish your business to have. What image do you want to project in the market? How would you like your customers to perceive your brand? The answers to these questions should be reflected in your vision. And this vision, in turn, should shape your marketing strategy, guiding you to attract the right customers and establish a strong brand identity.


Tips for Crafting an Effective Vision Statement

A vision statement encapsulates your aspirations and paints a picture of your company's future. It's more than just a series of words, it’s a communication tool that tells your employees, shareholders, and customers where your company is heading.

For crafting an effective vision statement, keep the following tips in mind:

  • Keep it succinct: The best vision statements are concise yet powerful.
  • Make it future-oriented: Your vision statement should look ahead, projecting where your company aspires to be.
  • Ensure it aligns with your values: A good vision statement is in sync with your company's values and culture.
  • Make it inspirational: Your vision statement should inspire and motivate, both internally and externally.


Making Your Vision an Integral Part of Your Business

Your vision shouldn't be a statement you craft and then forget. It must be a living, breathing part of your everyday business practices. From product development to customer service, every aspect of your business should be guided by your vision. The more consistently you align your operations with your vision, the more powerful your marketing strategy will be.


 

Is your vision driving your marketing efforts?

Embark on a journey to uncover your business's untapped potential with our Gap Analysis. Turn chaos into clarity and see your vision come to life, driving your marketing strategy and propelling your business toward success.


Having a clear, well-articulated vision is not a luxury—it's a necessity. It’s the compass that steers your marketing strategy, helping you navigate the challenges of the business landscape and stay on the path to success.


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Don’t Be a Walmart: A New Perspective on Pricing and Value for Small Business Owners https://ducttapemarketing.com/escaping-price-competition-trap/ Fri, 04 Aug 2023 23:27:12 +0000 https://ducttapemarketing.com/?p=72770 Don’t Be a Walmart: A New Perspective on Pricing and Value for Small Business Owners written by John Jantsch read more at Duct Tape Marketing

Do you want to be a Walmart? No, I'm not talking about turning your small venture into a multinational retail corporation overnight. I'm referring to the way you position your business in terms of pricing and the pitfalls that come with competing on price alone. While Walmart's low-price leadership model works for them, it is - […]

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Don’t Be a Walmart: A New Perspective on Pricing and Value for Small Business Owners written by John Jantsch read more at Duct Tape Marketing

Do you want to be a Walmart? No, I'm not talking about turning your small venture into a multinational retail corporation overnight. I'm referring to the way you position your business in terms of pricing and the pitfalls that come with competing on price alone. 

While Walmart's low-price leadership model works for them, it is - in my opinion -  not the best approach for most small businesses. I've seen many businesses fall into the trap of competing on price, sometimes without even realizing it. The real trouble starts when you underprice your services, resulting in a cascading effect on your overall business growth. If your margins are too thin you won't ever be able to scale effectively. 


The Problem with Price Competition

For small businesses, the allure of being the low-price leader in their market can be strong. But herein lies the trap. By focusing on price as your primary competitive advantage, you're stepping into a cycle of lower profits and higher stress. When you continuously undercut your prices to keep up with competitors, you inadvertently become a low-profit leader.

However, the cost of winning the price game is high. You end up with demanding clients who expect more for less. This unhealthy cycle doesn't just eat into your profits but can also stall your business's growth and innovation.


Recognizing the Trap of Price Competition

So, how do you know if you're stuck in the price competition loop? Here are a few telltale signs: 

  • You're attracting clients who are very demanding, hard to please, and always looking for discounts.
  • Despite working more your profit margins are still minimal.  
  • The continuous pressure to keep prices low stymies innovation and restricts the time and resources needed for growth and improvement.

Another sign is that you're unable to articulate what differentiates you from your competitors beyond price. If the only answer to the question, "Why should a client choose you?" is "Because we're cheaper," then you're caught in the trap of price competition.


4 Tips to Escape the Price Competition Trap

Escaping the price competition trap is not a pipe dream. It requires a shift in mindset and a renewed focus on the unique value your business brings. Here are some strategies to break free from the price competition cycle:


Value over Price

Rather than competing on price, you should compete on value. Aim to enhance customer experiences and provide exceptional service that your clients won't find elsewhere.

Identify what makes you stand out to your most loyal customers and the specific issues you're resolving for them, aside from price.

For instance, if you're known for responding to new client inquiries promptly, consider creating a promise to respond in under 5 minutes.

Similarly, if you own a landscaping or gardening business and your customers frequently express appreciation for your expert recommendations on which plants best suit their home or climate, you should capitalize on that. Build a program centered around providing this in-depth industry knowledge.

This approach enhances your value proposition by going beyond mere product selling, transforming it into delivering personalized solutions instead.


Premium Pricing

Don't be afraid to charge a premium for the exceptional value you offer. This strategy is not about being more expensive for the sake of it, but rather pricing your products or services at a premium to reflect the exceptional value you provide.  Convey to your clients that your higher prices are a direct reflection of the quality and benefits they'll receive.


Unique Selling Proposition (USP)

Clearly articulate what sets your business apart from the rest. Your USP isn't that you're cheaper; it's the unique elements that make your product or service superior.

This goes back to competing on value over price. Stop simply trying to be better than the competition and start figuring out how you can be better and different than your competition.


Ideal Clients

Identifying your ideal clients is another key strategy for escaping the price competition trap. Your ideal clients are those who appreciate the value you provide and are willing to pay a premium for it. They understand that cost is not the only factor to consider when purchasing a product or service and value quality, service, and the unique benefits that only your business can provide. 

Focus your marketing and sales efforts on attracting and retaining these clients. Understand their needs, preferences, and pain points, and strive to exceed their expectations at every turn.

Discover the gaps in your marketing 

If you're serious about taking your business to the next level, a marketing gap analysis is an absolute must-have! It's like a secret weapon that helps you identify where your marketing strategy is falling short and where you can improve.

By understanding your strengths and weaknesses, you can make smarter decisions, beat the competition, and save valuable time and resources. It's all about boosting your marketing game, staying fresh in a rapidly changing market, and achieving your goals with precision.


The Power of a Marketing Strategy

The right marketing strategy is your ticket to escape the price competition trap. A compelling message of difference, a well-packaged offering, and an understanding of your ideal client's needs can provide the foundation for a profitable pricing strategy.

Remember, the key is not to be cheaper but to communicate your value better. Your competitors might not necessarily be better than you, but they may be better at marketing their value. And clients are willing to pay more for perceived value.

A marketing strategy that emphasizes your business's unique value can help you attract your dream clients willing to pay premium prices for the quality service they receive. With this approach, you can effectively compete on value, not price.

In the race to compete on price, businesses often find themselves in a maze with no exit. A narrow focus on pricing overshadows the true value of the product or service, leading to a vicious cycle of thin margins, high-stress clients, and stifled growth.

By refocusing on the value you provide and implementing a strategic marketing approach, you can steer clear of these pitfalls. Remember, the clients you attract should be those who are willing to pay for the exceptional services they receive. 

If you liked this post, check out our Ultimate Guide to Scaling a Fractional CMO Business.


 

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Standing Tall in a Crowded Market: Crafting a Compelling Core Message https://ducttapemarketing.com/stand-tall-crowded-market-crafting-core-message/ Fri, 21 Jul 2023 21:59:52 +0000 https://ducttapemarketing.com/?p=72492 Standing Tall in a Crowded Market: Crafting a Compelling Core Message written by John Jantsch read more at Duct Tape Marketing

In today's competitive business landscape, standing out from the crowd is crucial to success. Your core marketing message, often referred to as your brand's "unique selling proposition" (USP), is the key to making your business shine. Crafting an effective core message can transform your brand from being just another player in the market to becoming […]

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Standing Tall in a Crowded Market: Crafting a Compelling Core Message written by John Jantsch read more at Duct Tape Marketing

In today's competitive business landscape, standing out from the crowd is crucial to success. Your core marketing message, often referred to as your brand's "unique selling proposition" (USP), is the key to making your business shine. Crafting an effective core message can transform your brand from being just another player in the market to becoming a compelling and sought-after choice for your target audience.


1. What is a Core Message?

The core marketing message or your brand's "unique selling proposition" (USP) is essentially your business standout statement. It's your bold declaration about what sets you apart from the competition.

Examples of effective core messages are:

 Ride, Run, Strengthen, Stretch, and Socialize.

This core message is succinct and compelling. It directly addresses the problems of busy individuals looking for a comprehensive, flexible fitness solution without giving up their community. With Peloton, customers get a platform that offers a full suite of workout options (ride, run, strengthen, stretch) and a community (socialize) to keep them engaged. The message encompasses what Peloton does and how it addresses the needs and problems of its target audience.

 I'm Lovin' It.

This core message conveys the joy and pleasure customers derive from consuming McDonald's food. Too often, people are left unsatisfied with their dining experiences, feeling disappointed by the lack of quality and enjoyment that fast food establishments offer. So with this core message McDonald's directly addresses the problem their customers have of wanting a quick meal without giving up the quality.

Both of these brands have identified a specific problem their customers face and addressed it directly, setting themselves apart from competitors.


2. The Power of Differentiation in Your Core Message

It's a truth that might feel a bit hard to swallow, but here it is: nobody wants what we sell. At least, not really. What they crave is solutions to their problems. And if we, as business leaders, cannot craft a compelling message that highlights our unique ability to solve their most significant challenges, we risk becoming invisible in a crowded marketplace. That's why it's important to understand the art of messaging.

For many businesses, the trap is in attempting to mimic the competition, blending into the industry landscape instead of standing out. The downside? If prospective clients cannot identify a compelling difference between you and the other players, their decision often hinges on one key factor: price. When you fail to distinguish your services or products, you're destined to compete on this level. Check out this article for some ways to avoid competing on price alone.


What Makes Your Brand Unique?

Building trust with your target customer involves more than just highlighting your product range or how long you've been in business. It's about clearly identify their problems and convincingly illustrate your solutions. Lacking a distinct promise or point of differentiation can negatively  affect not only your ability to attract the right clients but also your capacity to recruit top talent. Employees want to be excited about your business, and without a compelling reason that sets your company apart, you may struggle to attract and retain the best.

Download our AI Prompts for Building a Marketing Strategy

This toolkit can help you develop a complete marketing strategy help you identify your core message. It's a step-by-step approach designed to boost your marketing efforts.

Your marketing strategy should be the backbone of your business - a roadmap leading you toward your growth goals. By identifying your core message, ideal customers, creating consistent branding, and tracking your performance, you can start working smarter, not harder.

AI Prompts


3. How to Identify Your Core Message?

The voice of your customers is a gold mine for identifying and understanding your unique selling proposition and what your core message should be.

First, ask yourself these questions:

  • What are the significant problems your customers face?
  • How does your product/service solve those problems?
  • Why should they trust you over your competitors?

Write down the answers and use them to craft a unique and compelling core message.

Next, check your Google, Yelp, or any kind of reviews. The insights you glean from happy customers might surprise you. It's often not about the service you provided or the product itself but about the experience and the problem you solved for them. You might be surprised to find that your customers value simple things - timely responses, courteous staff, and punctual service - often overlooked by many businesses.

By focusing on these aspects, you can distinguish your business, become a brand people are willing to pay a premium for, and tap into the customer journey's power in your value-based marketing approach.


4. How to Create Your Core Message?

Once you've identified the problems you solve for your customers, it's time to blend an understanding of their needs with your unique solutions to create a persuasive core message.

When you have a handful of ideas, select the top two. These should be easy to spot as they represent the most common and impactful themes you've seen.

Now, sit down and draft your message. Cut out any unnecessary fluff and aim to keep your core message between 5 to 8 words.


Bring your Core Message to Life

The next step is to make it 'live' within your business. It's not just about printing it on your business card or displaying it on your website, but integrating it into your processes and maybe even developing products around it. 

Train your staff. Everyone in your company, from customer service to sales and marketing, should understand and be able to articulate this message.

Use customer testimonials. Leverage the power of social proof by sharing testimonials that reinforce your core message.


A well-crafted core message is the cornerstone of your brand's identity and success. By understanding your customers' needs and aligning your solutions with their challenges, you can create a message that resonates deeply and sets you apart in a competitive market. Remember, it's not just about words on paper; your core message should permeate every aspect of your business, from customer interactions to product development.

Embrace the power of differentiation, leverage customer insights, and confidently communicate your unique value proposition to the world. With a compelling core message at the heart of your marketing strategy, you can build trust, attract the right audience, and propel your business to new heights.

So, get started today and unlock the full potential of your brand with a powerful core message that leaves a lasting impression on your target market.

To start developing your complete marketing plan, Download our AI prompts for building a marketing strategy. Or better yet, work with our team to do the strategizing for you. Book a call with us, and let's grow your business together.


 

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