Designing Content Part II Flashcards

1
Q

7 Rules for Developing Effective Content

A
  1. Be relevant to the audience
  2. Be relevant to the brand
  3. Do not overtly sell or advertise
  4. Be useful and informative
  5. Be positive and upbeat, and keep communication
    fairly informal
  6. Do not ignore what the audience says
  7. Have variety across your content
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2
Q

Designing Contents to Drive Business Results

A
Exposure
Influence
Engagement
Action/Convert
Retain
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3
Q

When developing relevant content, you should…

A

…know who your target customers are:
 Define segment/niches within your market
 Personalize your content directly to the needs of the
audience
 Create content specifically for each of your several
niche targets
 Use a buyer persona to clarify your target market

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4
Q

Persona

A

 a person.

 personae, the characters in a play, novel, etc.

 the narrator of or a character in a literary work,
sometimes identified with the author.

 (in the psychology of C. G. Jung) the mask or façade
presented to satisfy the demands of the situation or
the environment and not representing the inner
personality of the individual; the public personality
(contrasted with anima).

 a person’s perceived or evident personality, as that
of a wellknown official, actor, or celebrity; personal.
image; public role.

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5
Q

A buyer persona is a

A

fictional, yet realistic, specific, and concrete representation of target customer.
 Personas do not represent a single user but a range
of users

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6
Q

Creating a buyer persona

A

 Website and social media analytics, and social listening
 Content engagement
 Motivations
 Pain points

 Customer database
 Demographics and location
 Purchase history (how, when and what)

 Market research
 Customer insights from your current and potential
customers

 Sales team feedback

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7
Q

Social touchpoints enable data marketers to

A

understand social identity

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8
Q

What to keep in mind when creating customized content

A
 Style and tone
 Problem-solving approach
 Pick the right keywords
 Topic
 Social media strategy
    Platforms
    How and when
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9
Q

How to develop a social media campaign

A

 Select social media channels

 Also, consider the capabilities of the network.

 Remember that people participate primarily to
connect with friends, not to search new products.

 Some firms worry that participating on social networks may invite negative comments.
 But a social network profile concentrates such
comments in one place for easy response.

 Define success metrics: which one to use
 Depends on what you would like to accomplish

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10
Q

Content for Lead Generation

A

 Think from your client’s perspective

 Content you can provide that will encourage them to buy, and to buy from you
 Promotional
 Informative
 Decision-making

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11
Q

Promotional Content

A

 Designed to raise awareness about a specific

campaign.

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12
Q

Informative Content

A

 Designed to provide value to your audience
 Help them with common needs and challenges
 Build a two-way conversation
 A mix of information you generate and you obtain
from other sources

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13
Q

Decision-Making Content is

A

designed to help customers through the decision-making process in selecting product or service

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14
Q

Decision-making content provides

A

value to your target audience, and also helps to identify when people are in the research and decision-making phrase of the buying cycle.

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15
Q

Place all decision-making content behind a

A

lead generation form (b2b) or an email signup form (b2c)

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16
Q

Decision-making content tends to be the precursor to

A

calls to action

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17
Q

80/20 or Pareto Rule:

A

for every two promotional posts, you should have at least eight posts promoting good content that provide value to your audience.

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18
Q

In B2B marketing, lead scoring (ranking of one sales lead against another) is

A

an important part of delivering qualified leads in an effective lead generation strategy.

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19
Q

lead scoring (ranking of one sales lead against another) is useful for B2C setting too but

A

leads would not be forwarded to a sales team. They would be followed up with more sales-related email campaigns.

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20
Q

Benefits of Lead Scoring

A

 Improves alignment and collaboration between
marketing and sales teams.

 Helps to ensure that the best leads are followed up
on immediately by prioritizing leads according to
revenue potential and buyer readiness.

 Enables organizations to move lead prioritization
from a largely subjective process to an analytical,
scientific approach that can be managed easily and
cost-effectively.

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21
Q

Slow leads are

A

those that are least likely to close in a short amount of time.
 Typically leads that haven’t indicated product
interest
 Top-of-mind content on a monthly basis, for example,
a newsletter

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22
Q

Medium leads are those that

A

are likely to buy in the future, but they are not ready yet.
 Still in the consideration stage actively researching
solutions

 Tend to be people who have looked at decision-
making content, but have yet to follow up on
activities that would place them in the active sales

 Downloaded decision-making content but not
watched product demo yet

 Focus of the marketing team not the sales team

 Provide content that will drive the prospect to the
next phrase in the funnel

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23
Q

Fast leads are

A

the prospects that have been placed into the active buying process.

 Have indicated they are ready to buy and are
making a decision

 Follow up is typically handled manually by the sales
team

24
Q

“Automation” possible lead scoring models

A

 Point-based lead scoring: assigns “points” to
prospects based on their website activity

 Points assigned vary across activities

25
Activity-based lead scoring:
places prospects at different points in the sales funnel based on their actions  Different actions signify different stage(s) in the sales funnel  Slow/medium/fast lead is one example
26
Other Lead Scoring Models
 Manual lead scoring  Hybrid lead scoring
27
The goal of lead scoring is
to help you understand whether your leads consist of the right people (explicit scoring) and whether those people are showing the right level of interest (implicit scoring). With this information in hand, you can treat leads accordingly.
28
Two most commonly used scoring dimensions:
Prospect identity Prospect interest
29
Prospect identity:
Explicit data determines fit, such as title, industry, and company revenues.
30
Prospect interest:
Implicit data determines level of engagement, such as frequent visits to website and responsiveness to promotions.
31
Determine four to five explicit-data categories to define a
sales-ready stage of qualification  the details prospects volunteer through a form or a business card
32
Explicit Scoring
 Define how important these categories are in relationship to one another.  Assign a tiered set of corresponding criteria values for each category.  You may want to assign points to both a VP and a Director but give the VP a significant number of points and the Director a bit fewer.
33
Implicit Scoring
 Determine the implicit-data categories to define a sales-ready stage of qualification.  Prospect behaviors such as website visits and email click-throughs  Define how important these categories are in relationship to one another.  Assign values by weighting actions based on recency.
34
Map Rating to Action
Create a table that maps out the overall rating of a lead based on percentage of profile fit and engagement level.  For example, Profile Fit has a range of A-D and Engagement has a range of 1-4, with A1 being the most qualified and D4 being the least qualified.
35
The path to conversion represents
the steps a potential buyer takes to buy your products.
36
Optimizing the Path to Conversion
 Make it easy!!  Check the path to conversion on every social channel you have a presence and simplify it!  Blogs are the central hub for social content, use them wisely
37
How can your social media channels help to add value in the lead generation process?
 Bring down the acquisition cost?  Improve conversion rate?  Generate decision making content that can help other marketing channels/functions deliver result?
38
Social Media Conversion Metrics
``` # of slow leads # of medium leads # of fast leads Conversion Rate Cost per lead Cost per sale Revenue generated Units sold Revenue per customer Profit per customer ```
39
__ __ is a gold mine that contains a lot of useful | information for prospecting.
Social data
40
Social selling is
the process of finding leads and developing personalized relationships in social media as part of the sales process
41
Customer retention provides another area in which SM can deliver value.
 ensure customer satisfaction  make repeat purchases  refer new clients (directly and indirectly)
42
Given the ever-rising customer acquisition costs, it’s more important than ever to
keep existing customers happy and coming back for more.
43
Satisfied customers are more likely to
refer business opportunities to your company.
44
The social channel provides an inexpensive, efficient way to
drive revenue through customer retention
45
SMM Strategy for Customer Retention
 Provide Customer Service  Answering questions  Respond quickly, accurately, and completely  Engaging in customers’ conversations  Real-time ongoing participation
46
Train your customer service team to
manage the social dialogue
47
Use Social Channel to Participate in the Conversation
 Product and service innovation  Social listening and monitoring  Actively gauge customer feedback through contests and polls
48
Turn Customers into Revenue
 Value equity  Relationship equity  Network equity
49
Value equity
 Increase the average spend at each purchase |  Increase the purchase frequency
50
Relationship equity
 Increase the retention rate
51
Network equity
 Increase referrals
52
Referral Strategies
 Economic incentives  Social incentives  Explicit referral  Implicit referral
53
Every positive comment is
an opportunity for referral business
54
The key to referral business is
the capability to track the new business back to the individual who referred it For example, a unique URL that is tied to the individual who shared a piece of content from your website (that generates sales leads)
55
Measuring the Impact
Requires collaboration between the social media team and the customer service department The key is to have a clear objective measured in terms of financial return Present the social media intervention as a way to help the customer service department meet its objectives Customer service objectives Executive –level customer reports
56
Transition from Engagement to CLV
Measuring the effect the social channel have on the lifetime value of a customer  Leverage the lead generation reports
57
What if you can’t separate customers who touch your social media channels?
Look for improvements in those metrics across all customers before and after you deployed your strategy