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Solving digital marketing problems for over 100,000 businesses worldwide

What marketing problem are you trying to solve?
TALK TO US. WE CAN HELP! Learn how we help businesses like yours

WSI Digital Marketing Services

Solutions to your specific marketing problems

We don't believe in the "one-size-fits-all" approach to digital marketing. Instead, we take the time to understand your organization and customers so we can recommend a strategy based on your individual business needs. When you invest in any of WSI’s digital marketing solutions, you’ll have some of the top minds in the industry contributing to your goals and vision.
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Up to 74% Increase in Organic Traffic and Inquiries

Mike Chavez Painting is a local business that was looking to improve their website design to better showcase their work and enhance their good reputation. Since partnering with WSI, they have launched a competitive SEO strategy and content marketing campaign to dramatically increase the number of targeted visitors to their newly designed website. Inquiries coming from their website continue to grow year over year and they have even been voted the best paint company in the Sonoma Country for 2017 and 2018.

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Increased Online Bookings by More Than 100%

Due to an unoptimized and poorly maintained digital presence, Clínica da Mama was losing potential customers to less qualified breast clinics in the area. Partnering with WSI enabled them to "go digital" with their customer acquisition activities. Through targeted PPC and SEO campaigns, Clínica da Mama’s exam bookings increased by over 100% and consultations rose by 58%, results which generated a significant revenue boost for the company and allowed them to recoup costs they had invested in expensive medical equipment. 

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Sunsweet is a brand recognized around the globe, yet they were struggling with brand consistency across their European markets. Partnering with WSI enabled them to skillfully overhaul their digital presence, bring unity across their website and social media campaigns, and exponentially increase their brand reach and generate conversion rates well beyond industry benchmarks.  In fact, WSI’s work with Sunsweet earned them a WMA WebAward for the Food Industry Standard of Excellence category.

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By WSI Team 17 Feb, 2024
As you explore the world of social media marketing for your business, I'm sure the debate of Instagram vs. Facebook, among other questions, has crossed your mind. Things like, "Which platforms should I use?" and "How do I know which social media platform is right for my business?" Before you get ahead of yourself and leap onto one or multiple social media platforms for your business, it's critical to establish your business' marketing goals first. If you don't have set goals and objectives for your marketing strategy, it's a lot harder to achieve social media success . In this blog post, we will look at Facebook and Instagram and which social media platforms are right for your business. Now, you may be thinking, "Oh, nobody uses Facebook anymore. The only people on Facebook are my parents and their friends, showing off pictures from the cruise they went on last summer. So, of course, Instagram is the way to go, right?" or "All the millennials are on Instagram, so I totally should choose Instagram for my business." Before jumping to these conclusions, let's examine this Facebook or Instagram debate. We will be exploring the strengths and weaknesses of both platforms from a business standpoint and how you can determine which platform suits your needs. Chances are you may be able to implement both platforms into your business's marketing strategy. However, it is entirely okay to choose one over the other. I'm not here to tell you that one platform is better than the other. I will let you decide which platform is right for your business once you've reached the end of this post. Facebook Facebook currently has over 2 billion monthly active users, and there's no doubt that more and more businesses are considering Facebook for their business marketing efforts. With such an endless audience to market to, Facebook is a platform that many Facebook users strive to be present on, as it's probably one of the top social media platforms for business. Facebook Marketing Strengths Facebook marketing is a powerful tool that can help businesses of all sizes achieve their marketing goals. It offers several strengths, including: Increased Brand Awareness Looking to build your social media presence? Look no further because increased brand awareness is one of the many benefits of choosing Facebook for your business. Facebook can help you build your brand loyalty. With the number of active users on this platform being over 2 billion, the opportunities to reach a wider audience are endless. As a result, more brand awareness means more (potential) customers! Efficient Communication Channel In any relationship, communication is critical. Whether it be with your significant other, family, friends, coworkers, you name it. As a business, building a solid relationship with your customer base is no different. Ideally, you also want to understand why your customers want to chat and how it can change your business . Luckily, Facebook is an efficient channel of communication. It is an excellent platform to post announcements and engage with your customer base. Many businesses even look to Facebook as an interactive platform for customer service. Effective Targeting Another unique feature of Facebook for business is that it allows you to target specific demographics. This is particularly useful when you're setting up targeted ads or if you're considering boosting your Facebook posts. If you want to grow your following and reach a broader customer base, Facebook allows you to set specific parameters and target by region, gender, age, social activity, and pretty much anything else you can think of! Drives Website Traffic Savvy social media marketers will most likely use Facebook to drive traffic to their websites . This is another strength of choosing Facebook for your business. It is easy to include links on posts because Facebook's full-width thumbnails have a high likelihood of being clicked. As a result, you can easily link to blog posts, articles, and other pages from your website. Market Research and Facebook Insights Facebook is also an excellent platform for conducting market research. Interested in seeing how you're performing against your competitors? You can easily see what your competitors are up to on Facebook and tailor your social media marketing strategy to maintain a competitive edge. Facebook Page Insights also comes in handy when conducting market research because it is an effective tool for gathering information on your page viewers. This gives you a better understanding of the demographic you are reaching. Facebook Weaknesses Facebook has encountered various criticisms and challenges that highlight its weaknesses. These include: Time and Resources Setting up a Facebook page for your business takes time. At the beginning stages, you can't expect people to like or follow your page right away. Keep in mind that you get what you put into it. With that being said, maintaining your business' Facebook page also takes time. It's not as simple as you think, and you must consider that whoever manages your Facebook pages is knowledgeable about the platform. You might need to consider hiring someone with the experience to drive your marketing efforts forward on Facebook. Budget If you want to make the most of Facebook for your business and take your social media marketing to the next level, setting aside an allocated budget to spend on Facebook advertisements is critical. Understanding why Facebook ads should be part of your marketing strategy is also important. However, it may not be feasible for some businesses because not everyone can afford to spend money on social media. Dealing With Negative Feedback We can not expect to win everyone over, just like in our daily lives. There will be instances where you'll have to deal with negative feedback on Facebook. People may criticize you and disagree with you. In these situations, maintaining a degree of professionalism is crucial. Content Moderation Issues Facebook has struggled to effectively moderate content on its platform, leading to the spread of hate speech, violent content, and other harmful material. This has raised concerns about the platform's impact on user safety and societal well-being. Misinformation and Fake News Facebook has been criticized for its role in the spread of misinformation and fake news. The platform's algorithms can amplify false content, contributing to the spread of disinformation and polarization. Addressing these weaknesses is crucial for Facebook to maintain its competitive edge and regain user trust. The company needs to implement more robust privacy protections, diversify its revenue streams, improve content moderation, and work to restore its reputation. How does AI help Facebook with its strengths and weaknesses? AI (Artificial Intelligence) has the potential to play a significant role in addressing both the strengths and weaknesses of Facebook. AI-Powered Strengths Enhanced Targeting: AI algorithms can analyze vast amounts of user data to identify patterns and insights that inform more precise targeting. This can help Facebook deliver ads to the right people at the right time, increasing the effectiveness of advertising campaigns. Content Curation: AI can assist in curating and recommending content to users based on their interests and preferences. This can improve user engagement, increase time spent on the platform, and reduce user frustration from irrelevant or low-quality content. Misinformation Detection: AI can be used to identify and flag potentially false or misleading content, aiding in the fight against misinformation and fake news. This can help maintain the platform's integrity and protect users from harmful information. Personalized Experiences: AI can personalize the user experience by tailoring features, recommendations, and content to each individual user's preferences. This can enhance user satisfaction and loyalty. Automated Moderation: AI algorithms can help automate content moderation tasks, such as identifying and removing harmful content or violating community guidelines. This can improve the efficiency and effectiveness of content moderation efforts. AI-Related Challenges Algorithmic Bias: AI algorithms can inherit biases from the data they are trained on, potentially leading to discriminatory or unfair outcomes. Facebook needs to carefully monitor and mitigate algorithmic bias to ensure fair and equitable treatment of all users. Privacy Concerns: Using AI in data analysis and advertising can raise privacy concerns. Facebook must implement robust privacy protections and transparent data practices to maintain user trust. Over-Reliance on AI: Over-reliance on AI can lead to a lack of human oversight and accountability. Facebook needs to strike a balance between leveraging AI's capabilities and maintaining human control over critical decisions. Explainability and Transparency: AI algorithms can be complex and opaque, making it difficult to understand how they make decisions. Facebook needs to make its AI systems more explainable and transparent to build user trust and address concerns about fairness. Ethical Considerations: Using AI in social media raises various ethical considerations, such as the potential for manipulation, addiction, and social isolation. Facebook must engage in open dialogue with stakeholders and experts to address these ethical concerns responsibly. By effectively utilizing AI, Facebook can enhance its strengths and address its weaknesses, improving the user experience, protecting user privacy, and maintaining a responsible and ethical approach to social media. Instagram It's wild to see how much Instagram has evolved over the past few years. More and more businesses are exploring Instagram as a medium to expand their social media marketing efforts. Instagram launched its Business Account in 2016, providing business users with tools to help understand their current and prospective customers. According to Instagram , there are over 25 million business profiles worldwide, and I feel this number will continue to rise. Moreover, over 2 million advertisers now use their Instagram accounts to share their stories and drive their business results. Instagram Marketing Strengths Instagram marketing is a powerful tool that can help businesses of all sizes achieve their marketing goals. It offers a number of strengths, including: Visuals, Visuals, Visuals! Instagram is strictly a visual platform, which is one of the strengths that separates Instagram from other social media platforms. Instagram consists solely of visual content like photos and videos, providing opportunities to ignite your marketing campaigns . Video content, especially, is becoming increasingly popular on Instagram right now - so popular that there has been an 80% increase in the time spent watching video content on Instagram. Ultimately, this platform provides a highly visual experience for its social media users. Increased Brand Awareness Similar to Facebook, Instagram helps businesses increase their brand awareness. The use of hashtags is extremely popular and is one of the driving forces for businesses and brands looking to be discovered by a wider audience. There's no doubt that Instagram has undergone many updates and launched new features one after another in recent years. Features such as Instagram Stories, IGTV, and now Reels give businesses more opportunities to promote their brand, product, or service. Collaborate With Influencers Instagram has become a hub for influencers seeking collaboration opportunities with brands and businesses. As the number of influencers that use Instagram continues to grow, businesses should take this as an opportunity to increase their brand exposure. Many businesses, such as beauty and fitness brands, are already hopping on this trend. Massive Reach Instagram has over 2 billion active users, making it the most popular social media platform for Gen Z and Millennials. This vast reach allows businesses to connect with a massive audience of potential customers. Measurable Results Instagram provides businesses with comprehensive data on the performance of their posts and ads. This data can be used to track progress, identify areas for improvement, and optimize campaigns for maximum impact. Instagram Weaknesses Despite its massive popularity and effectiveness as a marketing tool, Instagram does have some weaknesses that users and businesses should be aware of: Instagram Algorithm Instagram's changing algorithm has caused many mixed feelings over the past few years. "Why are my posts not showing up on some users' feeds?" Remember when the posts on your Instagram feed appeared in reverse chronological order? This is one of the main challenges you may face if you adapt this social media platform for your business. Every time the algorithm changes, you must reevaluate and alter your existing Instagram strategy (e.g., when to post). Difficult to Drive Traffic to Website Unlike Facebook, driving traffic to your website using a social media platform like Instagram is a little more challenging. While you can easily directly link to different web pages with each Facebook post, Instagram has not yet reached the stage where they've enabled clickable links for their posts. Besides the "swipe up" option for Instagram stories and the link in your bio, businesses cannot use clickable links in their posts. If you include a link, Instagram users must copy and paste the URL into their web browser. Targeting Specific Audiences May Be Difficult Instagram is a social platform mainly dominated by a younger demographic, typically millennials or Generation Z. Although there are older users on Instagram, it may be worth considering if Instagram is worth the investment for your business if your target audience is much older. Because chances are, they might not even have Instagram. Limited Features Instagram has a limited number of features compared to other social media platforms. This can make it difficult for businesses to achieve their marketing goals, as they may be unable to use all the features they need to reach their target audience. Fake Accounts and Spam Instagram has a problem with fake accounts and spam, making it difficult for businesses to reach their target audience. This can also make it difficult for businesses to measure the success of their marketing campaigns. Cyberbullying and Harassment Instagram has been criticized for being a platform where cyberbullying and harassment can occur. This can be a serious problem for users, particularly young people, and can have a negative impact on their mental health. Overall, Instagram is a powerful marketing tool that can be very effective for businesses. However, it is essential to be aware of its weaknesses so that you can take steps to mitigate them. What role can AI play in helping Instagram's strengths and weaknesses? AI-Powered Strengths Enhanced Targeting and Personalization: AI algorithms can analyze vast amounts of user data to identify patterns and insights that inform more precise targeting and personalization of content. This can help Instagram deliver ads and content to the right people at the right time, increasing the effectiveness of advertising campaigns and user engagement. Improved Image and Video Recognition: AI can enhance Instagram's image and video recognition capabilities. This can be used to more accurately categorize and tag content, making it easier for users to find relevant content. Creative Content Generation: AI can assist in generating creative content, such as captions, hashtags, and even images, helping businesses and individuals create more engaging and compelling content. Automated Moderation: AI can help automate content moderation tasks, such as identifying and removing harmful content or violating community guidelines. This can help make the platform safer for users. Real-Time Insights and Analytics: AI can provide real-time insights and analytics on user behavior, content performance, and ad effectiveness. This can help businesses and individuals make more informed decisions about their content and marketing strategies. AI-Related Challenges Algorithmic Bias: AI algorithms can inherit biases from the data they are trained on, potentially leading to discriminatory or unfair outcomes. Instagram needs to carefully monitor and mitigate algorithmic bias to ensure fair and equitable treatment of all users. Privacy Concerns: The use of AI in data analysis and targeting can raise privacy concerns. Instagram must implement robust privacy protections and transparent data practices to maintain user trust. Over-Reliance on AI: Over-reliance on AI can lead to a lack of human oversight and accountability. Instagram needs to strike a balance between leveraging AI's capabilities and maintaining human control over critical decisions. Explainability and Transparency: AI algorithms can be complex and opaque, making it difficult to understand how they make decisions. Instagram needs to make its AI systems more explainable and transparent to build user trust and address concerns about fairness. Ethical Considerations: The use of AI in social media raises various ethical considerations, such as the potential for manipulation, addiction, and social isolation. Instagram must engage in open dialogue with stakeholders and experts to address these ethical concerns responsibly. By effectively utilizing AI, Instagram can enhance its strengths, address its weaknesses, and improve the user experience while maintaining a responsible and ethical approach to social media. Instagram vs Facebook: Making the Right Choice for Your Business Strategy At the end of the day, when considering Instagram vs Facebook, neither platform is better than the other. Both Instagram and Facebook have strengths and weaknesses. Ultimately, it all comes down to which of the two platforms you think best aligns with your marketing strategy and business objectives and goals. If you're having difficulty deciding how to enter the world of social media or which platforms to use, we'd love to discuss your social media marketing strategy with you.
By WSI Team 27 Jan, 2024
As businesses gear up for 2024, the digital marketing landscape is undergoing rapid transformations, ushering in new trends that wield considerable influence. For small to medium-sized businesses (SMBs), navigating this dynamic environment requires a strategic approach. And as always, their WSI Consultants stand by as their trusted guides in the world of digital marketing. Here are seven key trends tailored to the needs of SMBs: Dominance of Interactive Content While we all recognize that content is the king of the castle , what exactly is the distinction for 'interactive content'? Simply put, interactive content means any type of content that communicates its message by encouraging user interaction or participation. Think of things like quizzes, surveys, videos, animated GIFs or infographics—anything that encourages active engagement is interactive . And it's no surprise that users are hungry for this type of content. According to Design Hill , only 36% of marketers believe that passive content is effective at engaging visitors/buyers. Another stat says that 49% of B2B Marketers see measuring content effectiveness as their biggest content marketing challenge. Other important statistics about interactive content include: Visual information constitutes 90% of the data transmitted to the brain, with visuals being processed 60,000 times faster than text. A staggering 80% of online visitors prefer watching videos over reading textual content. Marketers acknowledge that interactive content effectively engages around 70% of visitors and buyers. An impressive 88% of marketers affirm that interactive content is a powerful tool for distinguishing their brand from competitors. 93% of marketers recognize interactive content as an effective method for educating potential buyers. Articles enriched with images attract 94% more views. Brands incorporating creative infographic designs witness an average traffic growth of 12%. The usage of infographics among B2B marketers has surged to 51%, up from 38% in 2013. Video now accounts for 50% of all mobile traffic and an overwhelming 90% of Internet traffic. A notable 86% of businesses express their intent to repurpose content in various ways within the next 12 months. Why It Matters: SMBs can elevate customer engagement by shifting towards immersive experiences like polls, quizzes, and augmented reality applications. Actionable Insight: Prioritize interactive content creation to forge memorable connections with your audience. More Data Privacy With all the news items about data breaches and hacks, it's no surprise that preserving personal data privacy online remains a paramount concern for the majority of internet users. Despite widespread apprehensions, many struggle to implement effective safeguards. 90% of U.S. Internet users acknowledge the importance of online privacy, according to Surfshark. While most Americans value their online privacy, 75% believe they could be vulnerable to cybercriminal attacks. However, there exists a gap between awareness and action, with only 64% utilizing tools for online privacy protection and merely 56% feeling in control of their data. Norton's 2022 Cyber Safety Insights survey , reflecting the perspectives of 10,000 adults across 10 countries, reveals that 85% of global adults aspire to do more to protect their online privacy. Amid these intentions, concerns persist, as 80% express worry about their privacy, 69% feel more concerned than ever, and 61% willingly sacrifice data privacy for convenience. Norton's findings also highlight proactive steps taken by 71% of global adults to enhance online privacy, such as changing default privacy settings (29%), enabling multi-factor authentication (26%), disabling third-party cookies (26%), and using a VPN (16%). Why It Matters: Addressing data privacy concerns builds consumer trust and ensures compliance with privacy laws, forming the bedrock of effective digital strategies Actionable Insight: Embrace a privacy-first strategy, communicate transparently about data usage, and establish trust with your audience. Sustainability And Ethical Marketing Consumer trends in 2023 indicate a significant shift towards making purchasing decisions based on personal values and brand alignment . This is no surprise and something that WSI has been tracking for a while with purpose-driven brands . Key criteria influencing these decisions include environmental sustainability and ethical practices. A Deloitte report from 2022 highlighted that 40% of UK adults chose brands with environmentally sustainable practices, while 37% prioritized ethical values. The relationship between a higher annual income and consumer attitudes towards ethical principles is noteworthy. A DMA report revealed that 59% of individuals with an annual income over £75,000 (or $100,000 USD) would prefer the option to filter product lists based on their values when shopping online. However, the current cost of living crisis suggests that some consumers may compromise on affordability. The 2023 Marigold report strengthens this perspective, with 60% of consumers expressing pessimism about the rising cost of living. Amidst this, half of them are making fewer impulsive purchases and waiting for sales, loyalty benefits, or special offers from their favorite brands. Marketers must navigate this volatile market by creating attractive offers and loyalty schemes to retain customers. A focus on Gen Zs and Millennials reveals their inclination to make conscience-driven purchasing decisions . The DMA reported that in 2020, 53% of those aged 16 to 34 would be willing to spend 5% more on an ethical product. Young consumers between 25 and 35 years old, according to DMA, would prefer to filter product lists based on their values when online shopping. Gen Zs and Millennials are more likely to buy from brands advocating for social causes ( Hubspot, 2023 ). The influence of these demographics on societal opinions is evident in their strong reactions on platforms like TikTok and Reddit. Moreover, diversity and inclusion play a crucial role in consumer preferences. A Forbes report indicated that 61% of consumers find diversity in brand advertising important, with 38% being more likely to trust brands that showcase diversity in their campaigns and engagement. This trend emphasizes the broader ethical concerns consumers have beyond sustainability and the environment. Brands aiming to establish trust and loyalty must go beyond mere displays of sustainability and encompass wider issues like diversity and inclusion in their marketing efforts. Why It Matters: Aligning with sustainable and ethical values resonates with modern consumers, fostering brand loyalty. Actionable Insight: Showcase your commitment to sustainability and ethics in marketing narratives, emphasizing values that matter to your audience. Voice and Visual Search Optimization Voice assistants, utilized by 62% of Americans and with 36% owning smart speakers, have become ubiquitous across devices like smartphones, computers, and in-car systems. The dominance of Amazon Echo in the smart speaker market and Apple's Siri leading in mobile device usage highlights the necessity of tailoring voice search strategies to these platforms, considering their unique algorithms and functionalities. Daily voice search usage in the U.S. increased by 8% in 2022 , particularly among millennials, with a 58% daily usage rate , signaling resilience after initial challenges. Online businesses should integrate voice assistant support, understanding demographic preferences for an enhanced user experience. Approximately 45% of Americans and over a third in the U.K. and Germany leverage voice search for information on smartphones, emphasizing the importance of voice search optimization. Ignoring this trend risks missing a significant market share. Local SEO tactics , such as optimizing Google Business Profiles , become vital for businesses aiming to feature in local voice search results, where users predominantly inquire about weather and local businesses. Health and beauty products, electronics, and household supplies top the list of products purchased through smart speakers, urging ecommerce businesses to optimize for voice-based purchases. Younger millennials (25-34) emerge as the primary demographic for voice shopping, making it a valuable and convenient option for retailers. Companies with higher Yelp ratings and positive customer reviews enhance their visibility in Apple's Siri replies, underscoring the need for effective online reputation management strategies in adapting to the rise of voice-activated technologies. Why It Matters: To stay relevant, tailor your content for voice and visual searches as AI-driven advancements reshape search modalities. Actionable Insight: Optimize content for multiple search formats, ensuring your business is easily discoverable. Hyper-Personalization Techniques One of the biggest strengths of AI is its ability to help create personalized content quickly . But Twilio's State of Personalization report sheds light on challenges in the pursuit of personalized customer experiences (CX). Key issues include customers' mistrust of AI handling their data, stricter privacy laws complicating data collection, and the growing difficulty of achieving effective personalization despite rising customer expectations. The report reveals that while over 90% of businesses leverage AI-driven personalization for growth, almost 60% of customers express discomfort with AI creating customized experiences. This suggests a nuanced market sentiment toward AI, expected to evolve as AI-driven experiences outperform traditional CX interactions. Moreover, 49% of consumers lack trust in brands to securely and responsibly use their data , emphasizing the need for increased security investments. Paradoxically, despite significant focus and investment in AI and personalization, more than a quarter of consumers observed less targeted personalization over the past year. This regression is attributed to factors like data privacy regulations and Apple's opt-out options for tracking . While personalization offers benefits, with over half of customers willing to become repeat buyers after a personalized experience, businesses face challenges in obtaining accurate data for personalization. The report underscores the growing importance of customer data platforms, heightened security measures, and continued technological advancements in navigating the evolving landscape of personalization and AI. Why It Matters: Moving beyond conventional personalization, hyper-personalization leverages data insights to offer customized experiences at every touchpoint. Actionable Insight: Utilize data wisely to provide personalized experiences, enhancing customer satisfaction and loyalty. Focus on Customer Experience (CX) Customer Experience (CX) stands as a pivotal factor shaping the success of brands, with 77% acknowledging its significance as a key competitive differentiator. The global CX Management market's substantial growth, reaching $8.8B USD in 2021 and projecting an annual increase of 18.1% from 2022 to 2030, further underscores its strategic importance. However, companies face immense pressure to deliver exceptional CX, as evidenced by statistics revealing that 86% of consumers would abandon a brand after just two poor experiences, and 49% have already left a brand in the past year due to subpar customer experiences ( Emplifi ). The financial impact is significant, with US businesses losing $35.3 billion annually in customer churn caused by avoidable CX issues, highlighting the tangible consequences of inadequate customer treatment. And executives are acutely aware of the risks, as 83% believe that unimproved CX poses considerable threats to revenue and market share. In the pursuit of great CX, companies find that it leads to happy customers and positively impacts the bottom line. A considerable majority of consumers, 61%, are willing to pay at least 5% more for products or services that promise a good customer experience, emphasizing the monetary value attached to CX. Additionally, 56% of consumers place the quality of customer service above all other criteria in shaping their positive perception of a brand. Building on this, CX plays a pivotal role in cultivating fruitful customer relationships, with 66% of consumers expressing a willingness to share personal data if it enhances their overall customer experience. These statistics collectively emphasize the central role of CX in shaping consumer perceptions, loyalty, and the overall success of businesses. Why It Matters: In 2024, a superior customer experience becomes a crucial differentiator for SMBs. Actionable Insight: Align digital goals with improved customer experiences, ensuring your business stands out in a competitive landscape. Short-Form Videos and Social Ecommerce Short-form videos , popularized by platforms such as TikTok, Instagram Reels, and YouTube Shorts, have become a prominent content format, allowing brands to infuse a personalized touch into their advertisements. For aspiring content creators and advertisers, exploring short-form video statistics provides valuable insights into this emerging trend. According to TechJury , 26% of marketers already leverage short-form videos as an advertising format, and by 2023, a staggering 90% of global advertisers plan to increase their investment in this dynamic content style. The effectiveness of short-form videos is evident, with 85% of marketers attesting to their impact, and these videos are found to be 2.5 times more engaging than their long-form counterparts. Cultural moments and news stories drive 63% of video engagement, while 40% of marketers rank User-Generated Content (UGC) as a high-return format in social media. Emphasizing the significance of influencers , 66% of marketers' companies collaborate with influencers on the TikTok app, while only 16% engage with celebrities. These statistics underline the growing prominence and effectiveness of short-form videos in the realm of digital marketing and content creation. The prevalence of social commerce in the online shopping landscape has reshaped the way businesses engage with consumers on platforms like Facebook, Instagram, Pinterest, Twitter, and WhatsApp. These channels, already hosting thousands of marketing-savvy businesses, have seamlessly integrated shopping and payment functionalities, enabling users to make direct purchases within the platforms. To navigate the dynamic landscape and optimize online strategies, it's crucial to delve into social commerce statistics that shed light on the current market trends and effective practices for attracting buyers and expanding businesses. As of 2023, 27% of consumers prefer discovering new products through social media , with 41% having found a product on social platforms in the past three months, marking a 14% YoY increase. Impressively, 67% of consumers have completed purchases through social media platforms, and 53% globally express their intention to shop more through these channels in the future. Trust remains a pivotal factor, as 54% of social media users express concerns about the legitimacy of companies selling on these platforms. While 47% of social media marketers state that their brands sell directly within social media apps, only 41% of users feel comfortable making purchases on these platforms, and merely 37% trust social media platforms with their card information. The evolving landscape sees 30% of ecommerce companies already engaged in social media sales , with an additional 12% planning to join this trend in 2024. These comprehensive social commerce statistics offer valuable insights into consumer behavior, market trends, and the evolving dynamics of online business strategies. Why It Matters: Short-form video dominance persists, and the integration of social commerce offers seamless shopping experiences within social platforms. Actionable Insight: Invest in creative short-form video content and explore social commerce to enhance your online presence and drive sales. While we covered a lot of ground in this blog post, for SMBs, these trends represent actionable opportunities to enhance their digital presence, engage customers effectively, and stay ahead in the ever-evolving digital marketing realm. That's why it's essential to stay informed on everything going on with AI and digital marketing because it impacts SMBs just as much as it affects enterprise-level companies.
By WSI Team 20 Jan, 2024
As a business owner, understanding why lead generation is important is crucial. You aim to connect with a broad audience, ensuring that your product or service reaches as many people as possible. The growth of your business and sales depends on your ability to identify interested people who might benefit from what you have to sell and encourage them to make the journey from interest to purchase. The higher this number, the greater your chances of success. So how do you ensure this queue of people keeps growing? You want it to extend out the door, round the block, and even further. The process of building this pipeline of customers requires you to get their attention first, often through digital marketing. This approach is known as lead generation . Let’s try and understand this concept a little better. What is a Lead? Let’s start with the basics. If you have spent even a short time in the world of digital marketing, you will hear the term lead more times than you can count. Lead generation is one of the two main goals of digital marketing (the other being brand building) - so what is a lead anyway? A lead is any person who indicates interest in a company's product or service. Any lead has the potential to become a paying customer and thus needs to be nurtured toward that end. A lead can demonstrate their interest in various ways, from simply visiting your website to signing up for your newsletter. The important thing about a lead in the world of inbound marketing is that the individual initiates contact with the business, not the other way around. A lead is someone who has actively expressed interest in a company. For example, let’s say you do a Google search on a particular product or service. You click on one of the top-ranking results, and when you get to the website, you are invited to answer a short questionnaire about your needs regarding that product. You answer the questions and leave your email address. You have just become a lead for that company, and the process is unobtrusive. When you receive a follow-up email a short while later, it is because you have provided your details and asked for more information. In addition, that follow-up email won’t be some generic sales pitch sent to thousands of other people. It will have been personalized according to the information you provided in the questionnaire. Now that you have become a viable lead, it is the marketer’s job to guide you carefully along the rest of the buyer’s journey through valuable content and by clarifying how their products will meet your needs. What is the Definition of Lead Generation? Simply put, the people or organizations interested in what you are selling are called leads. You could also think of them as potential customers. Now, there may be thousands of people, if not more, who might know that you exist but haven’t shown any interest in what you have to offer. They can’t help your business grow if they remain indifferent toward your brand. You have to pique their interest before considering selling to them. This process of getting someone’s attention and converting them into potential customers is known as lead generation. Why is Lead Generation Important? To ensure your business continues to grow and expand, you need to reach more people who could be your potential buyers and elicit interest in your product or service. You should see a steady inflow of people who are interested in exploring what you have to offer. Of course, you are not alone in wanting this for your business. Every business owner or marketing executive has the same goals as you. In a world where attention spans are limited and distractions are infinite, attracting potential customers is getting trickier. More and more businesses are vying for this attention, so why should individuals lend their eyeballs or ears to you? While it may sound simple, generating the right kind of leads can be challenging. Therefore, it is vital to invest time and effort into getting this right. Here are a few statistics to set the context: As per a Marketo study , companies with effective lead generation strategies have at least 133% more revenue than companies that have not put the right strategy in place. It is only natural, then, that the number one priority for marketers is lead generation, as Hubspot noted in their report on marketing statistics. Despite lead generation being the number one priority, 61% of marketers consider lead generation to be their biggest challenge . This is where partnering with the best lead generation company becomes crucial. A reputable company can navigate the complexities, optimize strategies, and ensure a steady flow of high-quality leads for your business. You now understand the importance of lead generation and want to do this well. The surest way to do so is to have the right strategy in place. Before you develop this strategy, there’s one key question you need to answer. Why do we do it this way instead of using those old-fashioned outbound marketing techniques like cold-calling? In short, it enables customer relationships to develop more naturally and builds trust in your brand. When you reach out to a stranger from out of the blue and attempt to sell your product, the process is unnatural, even obtrusive. Many potential customers may end the discussion without even hearing what you have to say because they don’t appreciate the intrusion. With lead generation, on the other hand, you invite people to initiate contact with you. They show an organic interest in your brand, prompting you to respond in kind, and so the relationship grows. Who Is Your Target Audience? Every business caters to a particular audience . These people may want to explore your product or service, and they’re the ones you want to identify and sell to. There are various factors such as age, income, geographical location, and gender which will determine your target audience. For example, there may be two businesses selling handbags. However, one sells luxury handbags, and the other focuses on affordable handbags for everyday use. Their target audience will be very different even though they sell the same category of products. The buyer's income is the criteria that separate the target groups of these two businesses. Before you start designing lead generation strategies, jot down as many details as possible about your target audience. In fact, go a step further and create buyer personas . It will help you design a lead generation strategy that is much more effective since it is tailored to the needs of a particular group of people. Lead Generation Strategies You Can Use Once you’ve identified your target audience, the next step is to determine how you will reach these people with digital marketing. There are two ways of doing this: Outbound Marketing Outbound Marketing is when you initiate contact with people to generate interest in your product or service. It could be through cold calling, direct emails, billboards, radio, TV, magazine, and newspaper advertisements. Inbound Marketing Inbound Marketing focuses on drawing people in by creating content that is relevant to them. You pull them towards your company through content that aligns with their needs and interests. Which One Should You Choose? While it is a decision you need to take, keeping your target audience and the buyer personas in mind, here are some statistics that will help: 86% of people skip television ads 44% of direct mail is never opened 91% of email users have unsubscribed from company emails they previously opted into. 200M Americans have registered their phone numbers on the FTC’s “Do Not Call” list. Inbound Marketing costs 62% less per lead than a traditional outbound marketing campaign. Inbound Marketing not only helps generate leads but also increases customer acquisition. 3 out of 4 inbound marketing channels cost less than any outbound marketing channel. If we go by these statistics, it is evident that inbound marketing is far more effective and provides a greater ROI than outbound marketing. It is primarily due to customers being bombarded with information left, right, and center. This has made them pickier about what kind of content they want to consume. Customers are also spending more time doing their research and actively identifying brands they want to engage with. So, you now want to make it easier for your potential customers to find you rather than the other way around. While inbound marketing is great, you should definitely not write off outbound marketing. Depending on your target audience, certain outbound marketing tactics can be beneficial. Trade shows, conferences, events , and published content in print media can help reach certain categories of people. Lead Generation Channels If you’re sold on inbound marketing and want to build your lead generation strategy around it, you need to identify what channels you will focus on to generate leads for your business. Here are the best digital lead generation channels: Website One of the easiest and most effective ways of generating leads for your business is through your website. Having a responsive website that looks good and is easy to navigate can be great for helping build a pipeline of leads. It is important to ensure that your website is mobile-friendly since most users access websites from their mobile devices. Search Engine Optimization (SEO) People often look for products and services through search engines. You can have a website and a social media presence, but a potential customer will only be able to find you if you’re ranked high on a Search Engine Results Page (SERP). The ranking depends on how SEO-friendly your website is. SEO includes the keywords found on your website and the kind of links included in your content. It is not enough to have a website. You need to ensure it is optimized for search engines so that people can find you when they look for certain phrases and keywords associated with your business. Email Marketing Email marketing is considered one of the best ways of generating leads. The stats make it clear - two-thirds of subscribers like to receive branded emails at least once a week, and beyond that, 87% of B2B marketing professionals say that they consider email one of their top free organic distribution channels. It is also the channel that provides the best return on investment. As per a 2023 Litmus study, for every dollar you spend on email marketing, you can expect a return of $36 (with A/B testing increasing your marketing ROI by as much as 37% ). If you want to know more about the latest email marketing best practices, check out our most recent webinar and its recap, How to Make Email Marketing Work for Your Business . Content Marketing Content marketing is considered the second most effective in generating leads. To generate leads, you must ensure your content is interesting, useful, and adds value to your potential customers. That alone doesn’t guarantee traffic since your content has to also be easy to find on the platforms your target audience frequents the most often. You can experiment with various types of content, such as blogs, videos, and infographics, to see which works best for your target audience. Thankfully, it’s straightforward to track engagement through various analytical tools. You should evaluate your content’s performance regularly to determine which of these formats is most effective at generating leads and focus more on that. Social Media Marketing There are over 4.95 billion social media users globally, which is 61.4% of the world's population! If you are looking for more leads, you must tap into social media . In fact, 54% of social media users are using these mediums to research products. Not having a social media presence or not utilizing it to generate leads is like leaving money on the table. These channels will help you build a solid foundation for lead generation . It will require you to consistently put in the time and effort to ensure your content, social media feeds, and website remain updated and relevant. However, this will allow you to build a pipeline that remains full and continues to grow. Along with this, you can complement your lead generation channel strategy with digital advertising . It can give you another avenue to reach your ideal customers and generate leads faster. You can also try some other lead generation ideas such as Pay-Per-Click advertising, remarketing, and landing pages for your business. How to Attract Quality Leads You may know exactly how to nurture your leads once you have them, but how do you attract them in the first place? There are several ways to do so. Social media is perhaps the most prevalent lead creation tool. In the B2B world, marketers claim that they generate most of their leads through LinkedIn (around 49%). B2C marketers would have a different emphasis, with the likes of Twitter and Instagram drawing more of their ideal leads. Social media is a great way to gain great leads, but it is important to find the right platform that suits your business and customer base. Aside from social media, there are many other options at your disposal. For example, you could set up a quiz or questionnaire on your website, you could set up a platform for existing clients to refer friends and family to you. The Essentials of Lead Generation At its simplest, lead generation is the process of unearthing prospects with a strong chance of being converted to sales. Sales and marketing professionals have focused on lead generation since long before the advent of digital marketing. With digital platforms, however, generating good leads depends on knowing and applying many key concepts. Capture Web Visitors Before They Bounce It is not enough just to generate a lead. If the conversion isn’t instant - or as near to it as possible - it is very likely that the salesperson will lose the sale. It is not enough to gather contact information from a prospect and then hand it on to a salesperson to initiate contact at a later stage. That iron grows cold very quickly! The ideal is automated , an immediate conversion that feeds prospects directly into your sales funnel. There are several digital marketing lead generator tools available for doing just that. Even if it isn’t always achievable, it should be the aim: capture your visitors before they bounce. Top-of-Funnel Focus vs. Full-Funnel Focus Many digital marketers get caught up in a top-of-funnel approach. At the top of the sales funnel, you are focusing on offering content that introduces your business and entices people to give you their contact details. It is the Awareness stage of the funnel, and it is more about quantity than quality. As you progress down the funnel to the Consideration and Conversion stages, some of your prospects will fall away, and you will focus on converting those leads who are more interested and committed. The problem with putting most of your focus on the top of the funnel is that your team may be more inclined to build up large contact lists and think they have done well. In reality, however, there is no saying how many of those contacts will lead to sales. You should instead adopt a full-funnel focus dedicated to taking qualified leads through the entire length of the funnel from Awareness to Conversion. Slower Sales vs. Faster Sales Many of the sales principles—which have been in place since well before the digital age—remain the same. One well-tried dictum states that a fast “no” is better than a slow “yes.” Even though you need to nurture leads, you obviously want to convert them as quickly as possible. That being said, you need to find a favorable middle ground. If you try to go too fast, you may lose the customer. And if you go too slow, the customer may lose you! Fast conversion is not about pushing. You should rather focus on getting in sync with your prospects. If you offer them what they want, when they want it, they will convert. Contacts Creation vs. Customer Creation Looking back at the contrast between the top-of-funnel and full-funnel approaches, it is easy to see that one focuses on the acquisition of contacts, while the other is aimed at finding paying customers and taking them through the sales process. It is very important that digital marketers don’t get caught up in merely compiling long lists of contacts. Your marketing success is measured by the number of sales you close , not the length of your mailing list. Why You Should Automate Lead Generation Sales staff have a lot to do during the day. And on top of it, they also face a constant barrage of information that they then need to interpret as they seek to convert leads into sales. How should they prioritize leads? What leads should be nurtured? How should they track their progress? Rather than expecting your sales team to grapple with these questions, set up automated processes that can handle these queries for them instead. You can automate large parts of your lead generation process to ensure that good leads don’t get lost—and that time isn’t wasted on poor ones. Beware of Bad Leads Not all leads are worth your while - this has always been true for sales and marketing professionals. Generating a lead is not, in itself, a measure of success: only converted leads matter at the end of the day. Unfortunately, it is all too easy to run after a bad lead thinking it is a good one. Avoiding this requires not only discernment on the part of your sales staff but also judicious use of lead automation systems. Automation frees your team from performing time-consuming admin tasks and lets them focus on identifying and pursuing only the strongest leads. Look out for red flags, such as when leads tell you they don’t have the budget for your products or avoid your calls and emails. Most importantly, make sure you are talking to people who have the power to make a purchase decision. The Art of Identifying the Decision-Maker(s) One of the biggest mistakes that salespeople make is wasting time and energy chasing people who are not in a position to make buying decisions. You may have the contact details of a particular staff member at a company that seems to be a perfect client for your business. However, no matter how interested they are in your product, they cannot sign off on a sale. Don’t make the mistake of thinking that only top-level management can make these decisions. Purchase decisions are often left in the hands of mid-level management, such as procurement managers or team leaders. Before you try to convert your leads, you need to know that you are addressing a decision-maker. The question is, how do you identify a decision-maker? To make sure you get in touch with the right people, ask your lead: Who will be using the product every day? What departments would most benefit from the product? Who made the decision to look for a new solution in the first place? Who else should be contacted or invited to meetings and product demos? Planning, Implementing, and Optimizing Your Lead Generation Campaign Before you get started with a lead generation program, you need to make sure that your sales and marketing departments are in sync. They must agree on their goals and what constitutes a good lead. Follow these five steps to develop and implement a lead generation plan: Step 1: Define your leads Start off with a serious discussion with the sales department. What do you want to achieve? Who do you want to target and why? Don’t just talk about leads in general terms. Think hard about what would make a good lead for your company. There are many ways to define and identify leads. At its most basic, a lead is simply someone who shows interest in your product. Once you get that initial interest, you need to narrow it down according to factors that are most relevant to your business: demographics, firmographics, etc. Step 2: Align with sales Once sales and marketing agree on the ideal lead, they also need to decide at what point a lead will be directed to sales. That transition is crucial and must happen at a carefully planned moment in the process. Sales and marketing need to agree on how and where a marketing-qualified lead (MQL) becomes a sales-qualified lead (SQL). Step 3: Plot your course Now you know where you are going, you can draw up a map to get you there. What tactics will you use, and at what stages? Step 4: Nurture and score your leads You will have to deal with many different leads, all at different levels of your sales funnel. It is easy to generate plenty of top-of-funnel leads - those at the initial stage who have done no more than give you their email address. You must focus on progressing these further, obviously, but you must also pay attention to those in the middle of the funnel. Use scoring techniques to deal with different categories of leads, adjusting your approach according to where they are positioned in the sales funnel. Step 5: Measure and optimize As you put your lead generation plan into action, you will need to try different techniques, measure their success , and adjust your approach as you go. Learn how to use A/B testing and calls to action. Play around with copy and image choices and see what works. Aim for the best possible results and use the metrics and analytics at your disposal to determine whether you are hitting that mark. Automation Tools That Make Lead Generation for Your Business a Breeze Lead automation involves using some separate tools that work together to refine and focus the lead generation process. One example is conversational chatbots , which enable businesses to automatically qualify and talk to more leads, book more meetings, and close deals faster. Landing pages are also extremely helpful: they can be tailored to perform different functions, from gathering data to offering information to leading directly to sales pages. There are also online tools that can help you organize and prioritize your leads and track specific information that will help your sales team to identify good leads and decision-makers. Lead Generation FAQs What is the lead generation process? The lead generation process can be divided into different ways, depending on who you ask. Here is a seven-step approach that we find useful: Research your target market: Make sure that you have a secure handle on your target market. Research them and the best ways to reach them. The more insight you have into your audience, the easier it will be for you to reach them. Create compelling content: Generate good content that is designed to appeal to your target market. Great content is the key to lead generation. Share the content: Post your content on your website and promote it across your social media platforms. Optimize the content so that potential leads can find it, and be sure to include calls to action to draw customers into your sales funnel. Nurture existing leads: Your content and promotion should bring new prospects into your sales funnel. Now you need to nurture them and move them towards conversion. Direct email marketing is an extremely effective tool in this regard. Prioritize your leads: You should be able to work out which leads are worth pursuing - or your automation tools will do it for you. Prioritize the best leads and pursue them. Pass strong leads to the sales team. Assess your lead generation process and adjust where necessary: Always monitor your strategies and check the results. Don’t be afraid to make adjustments if something is less effective than it should be. What is the difference between pipeline and lead generation? The main difference between these two approaches is that lead generation is oriented towards the top of the funnel, while pipeline marketing looks at the bigger picture and takes a full-funnel focus. How do you structure a pipeline? Sales pipelines are often represented as a funnel and sometimes as a horizontal line. It works either way. What is important is that the pipeline should be divided up into parts that represent your company’s sales process. In general, a pipeline might be divided up into the Awareness , Consideration , and Conversion sections, for example. You may want to name these sections differently or break them into even smaller parts. Just make sure that it is a logical and easy-to-follow representation of your sales process. Is lead generation dead? Lead generation remains a vital part of any digital marketing strategy. In fact, it is the main objective of online marketing. As such, it is still very much alive. What is fading out is the old conception of lead generation as a top-funnel-focused activity. Effective lead generation is now expected to follow a full-funnel-focused model. How can we use AI for lead generation? To leverage AI for lead generation, consider these strategies: Automated Lead Qualification: AI can efficiently qualify leads by analyzing data and behaviors, enhancing efficiency, and reducing cost per lead. Real-time Lead Tracking: AI tools use external data sources to monitor and track leads in real-time, providing businesses with up-to-date insights. Content Creation: AI aids in content creation for lead-nurturing emails by analyzing competition, and ensuring targeted and relevant communication. Data-driven Analysis: AI enables a data-driven approach, allowing businesses to analyze vast datasets for insights that inform effective lead generation efforts. Utilization of AI Tools: Employ effective AI tools like Lyne AI, Smartwriter AI, Instantly AI, Leadzen, and Seamless AI for high-quality lead generation. Incorporating these AI-driven strategies enhances lead generation, making the process more efficient and targeted. What's Next So now you’ve seen the importance of lead generation and keeping your pipeline full. You’ve identified your target audience and built buyer personas. Based on this, you’ve identified your lead generation channels and built your strategy. Leads are now slowly trickling in. The pipeline is filling up steadily. Is your work done here? Nope. Not all leads are equal. As they keep coming in, it is important for you to continuously evaluate these leads, segment them, qualify them, and eventually convert them. A person has taken the first step by showing interest in what you have to sell. You must take them from the top of the sales funnel to the bottom . However, it is important to understand that not all your leads will buy from you. It is believed that only 10%-15% of all leads convert into paying customers. It becomes critical to identify those leads most likely to buy from you and focus on them. You can do this by scoring your leads based on certain criteria. You can look at factors such as how closely aligned they are to your buyer persona if they have visited your website, engaged with your social media posts, opened your emails, or shown any intention of purchasing from you, and so on. Once the scoring is done, focus on converting those with the highest scores. Also, try to keep the ones with median scores engaged since they may convert later. Rinse and repeat for a great pipeline of leads. Conclusion Lead generation is the cornerstone of any business. It helps you reach more people and boost revenues and plays a vital role in building your brand. When it comes to lead generation strategies, there is no one-size-fits-all approach. It is a process of continually evaluating who your target audience is, how best you can reach them, and what it would take to convert them into happy, paying customers.
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