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    Brandanizer

    At Brandanizer we help technology companies to win more business by embracing the power of marketing.

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    Fill in the form and get a free consultancy from our marketing experts. Share your targets and we will build the strategy on how to achieve them.

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      Marketing Advice
      Home Archive by Category "Marketing Advice"

      Category: Marketing Advice

      BusinessMarketing AdviceUncategorized

      Twitter Advertising: Getting Started Guide for IT Companies

      Whether you are a Cloud technology provider or an experienced managed IT services provider, if you want to keep a finger on the DevOps culture and best new Cloud technology practices you should be very active on Twitter.  The average Twitter user follows five businesses, and 80% of all Twitter users have mentioned a brand in a Tweet. In the IT world active developers, system administrators and engineers now are helping IT pros and organizations connect the dots between DevOps, cloud-native technologies, and open-source.

      Moreover, modern development practices are tweeted, retweeted and bring more value to the world-class operations teams. This makes Twitter a good platform to connect with IT people and contribute to Cloud technology ecosystem. And you know what? Your competitors are already there – connecting with IT experts and influencers, inspiring conversations. So if you want to revamp your Twitter strategy, first you should take a look at your competitor’s accounts.


      Driving Up Engagement

      Now when you know your audience can be reached via the platform you can create and publish content which differentiates your business from the others. No matter if it is a new technology that should be brought to a larger audience or you want to discuss the existing practices that keep you in the pace of the ever-changing Cloud technology, you can connect exactly with the specialists that are professionally interested in the topic.  

      With Twitter Ads businesses can easily bring an audience of their choice for increased exposure and visibility. Advertising on Twitter can wider your target audience, bring more followers and also lead to a discussion where professionals from the same sphere start conversations on mutually interesting topics. 

       


      Boost Your Business By Advertising On Twitter In Six Simple Steps

      1. Set goals

      When you have objectives and goals in place, you can easily measure the results of your performance on any social media site. Having goals also helps determine when your strategy isn’t working and can help you get to the right place. Each of our campaign objectives is specialized to fit specific goals and serve each part of the marketing funnel. You’ll only be charged when someone takes that action. 

      You can choose from the following objectives: 

      Awareness: If you want to maximize the number of people you see your Promoted Tweet, than you are billed per 1,000 impressions.

      Consideration: Choosing this objective means you are billed only when you reach people for the exact goal you set earlier. For example, if you want people to watch your video, you are billed for every view. If you want to drive more traffic to your website then you pay for link clicks (cost per click). Moreover, you can wider your audience and pay based on how many engagements you get on your tweet or based on how many new followers you get.

      Conversion: You want people who already have your app to open and use it. You’re billed for each app click.

      2. Target Your Audience

      You can filter by demographic and audience features, including follower look-alikes targeting, event targeting, interest and conversation targeting, re-engage targeting or create your own custom audience list. 

      With location targeting, you can get as specific as a particular metro area or even a postal code. Or you can be broad and target a whole country. The ‘Audience features’ section allows you to target your ad to users based on specific interests like events, interests, behaviors, and even specific keywords.

      3. Visualize

      Make tweets that stand out. Use appropriate media, videos and visualization that differentiates your business and helps to make it clear what your brand represents and what message you want to address to your audience.

      4. Keep It Short And Simple

      The rules of Twitter are pretty simple: Keep your messages short and sweet, tweet regularly, and don’t just tweet about yourself. 

      When thinking about adding value on social, try asking yourself if your tweets advance an idea, entertain, or educate the audience. Without any of those three things, your content is likely to fall flat. Additionally, remind yourself that the purpose of Twitter is to connect and spark conversations.

      5. Budget

      The price of Twitter Ads is up to you; there’s no minimum campaign spend. You choose a daily budget for your ads during campaign setup, and it will never go over this amount. We strongly recommend setting budget at least on two levels – campaign and daily, so that you can control your spendings. 
      6. Analyze And Measure Results

      Once you set up your Twitter ads account you will have access to Twitter Ads Manager and its many features, like tracking your advertising campaigns and analyzing metrics. In that way you can measure the results of your campaign and the amount of targeted audience you reached.

      A general tip for measuring your performance on Twitter is to focus less on vanity metrics. Vanity metrics, like impressions or follower count, are often high numbers that look good on paper but don’t help you meet your business goals.

      It’s more important you know how many people clicked on the link you tweeted, or how many people are interacting and engaging with you out of your total audience number, so you have a firmer understanding of which content is most popular with your audience, and what translates to the highest amount of leads.


      Consistency Leads To Results

      It takes time to build a loyal and interactive Twitter audience. Once you start, you should tweet regularly and have a clear marketing strategy for your Twitter advertising. Being consistent in publishing content should attract new followers, encourage new leads, boost conversions, and grow brand recognition. Furthermore, those followers who already recognized you as a meaningful content creator, are likely to boost even more engagement on your account.

      Read More
      Yoana Riskova May 6, 2022 0 Comments
      Marketing Advice

      7 Ways to Improve Lead Generation with CRM Software

      Running a marketing campaign usually aims at generating leads and converting them into clients. Our previous article was about the relation between lead generation and CRM systems.  Now we want to tell you more about ways to improve the aforementioned process. 

      Whether or not you work for a company that is already generating leads and sales, this information could be useful for improving your customer approaches.

      There are a few essential steps that we must follow if we want to improve our lead generation, using CRM marketing automation tools.

      1. Set Goals

      When starting the long-way process to come as close as possible to potential clients, every company has to identify its needs. With clear goals and bright vision, you should search for the CRM automation tool that scores your marketing and sales targets. 

      And to answer a few questions eventually: Will the marketing studio we chose be easily used by the departments responsible for the campaigns? Which processes should we automate? How to use collected data to run the most effective campaigns? The answers will give you a clearer perspective on which tools to focus your attention to.

      2. Unite All Your Data

       Information silos can be a major roadblock in businesses’ endeavors to use the proper insights for nurturing leads in different stages of the marketing and sales funnels. Hence, compromising their ability to secure conversions.

      A major point of picking up the proper software for your company’s goals is finding a way to collect and centralize all customer and visitor data available. Such process will allow you to carefully track the concerns and inhibitions of your eventual leads. The unity will also help you effectively recognize the pain points and thus offer the best solutions through your marketing and sales assets.

      3. … Then Analyze It

      With enough data and good analysis of it, the CRM database system can make the management of the information regarding your prospects and potential customers really useful. The data insights you manage should serve as the bedrock of your lead generation initiatives. 

      In any case the proper customer segmentation and the following the process of “next best action” according to the AI of your marketing studio can improve your leads and generate more conversions. CRM database systems can include more various components that are based on the company’s needs and that segment the potential customers/ visitors accordingly.

      On the other hand, Customer relationship management automation systems go hand in hand with the CRM database systems. Automation used in CRM marketing studios describes a set of processes that are executed by a software which responds to customer activities.

      A crucial point is the real-time analysis of lead generation marketing efforts in garnering sales and profits. It can help you differentiate between campaigns that generate high sales but small profit margins and those that generate higher profits with fewer sales.

      4. Create Personalized Journeys

      Personalization nowadays does not mean to put the first name at the beginning of the e-mail. Not at all. If you want to get the most of your lead generation initiatives, you have to track the journeys of your existing as well as potential customers. At first comes the proper segmentation. With a well-balanced AI CRM automation tool, you will be able to set a list of criteria that will put your customers on the right spot, at the right time. 

      Then comes the creation of assets. The purpose of inbound marketing is to attract customers by offering valuable content and experiences tailored to their needs. You can read the Complete Guide to Marketing Asset Creation here.

      To sell your solution successfully you need to nail the right messaging to the right audience. Brandanizer’s team has the needed experience to help you tailor your Customer Value Proposition (CVP) and design your product in the right way. Give the solution to customers’ challenges and pains and make a case for your company as the problem-solver.

      Starting from website visitors’ engagement, lead generation, thought leadership, closing deals or visiting a virtual or physical event, your technology company needs a wide variety of assets. From website content writing to the creation of high-value white papers, Brandanizer’s solutions can offload dramatically your internal team.

      Every user journey map must be detailed and able to cover everything from the first interaction with any of your communications, through the proper offer and sale process, to the after-sale experience.

      To do that properly, pick a marketing studio that will analyze the perceived goals of your potential clients and match them with your business objective. The best way to do so effectively is to put yourself in their shoes and embark on the journey yourself with a detailed A/B testing.

      5. Convert Sales Leads into Clients

      Getting a sales lead is one thing, converting it into a customer is a whole other. The journey is usually long. However, it would be a lot longer without a stable management tool that can simplify the process of transforming a lead into a solvent customer.

      As in applicable, you have to track all interactions and responses to your assets and thus personalize leads of your sales process. There is a better chance to convert if you determine which sales opportunities present the highest value. Give them a good reason to be your clients. Make an offer they will hardly resist.

      A “tailor-made” approach to your leads in the sales pipeline with the help of your CRM software helps ensure that no conversion opportunities slip through the gaps. This could take your lead generation a step further, passing into a boost in revenue.

      6. Assign value to your leads

      Define which of them are worth the effort in order to pick up the most accurate marketing initiative. That’s when lead scoring comes of usage – a method of assigning a value that corresponds with the viability of conversion.

      Through automation and a well-working CRM platform such process is pretty straightforward. They allow you to customize the lead scoring and then automate the process of assigning value to each one of them. In other words – a lead with higher buying power, or a repetitive visitor end up with a higher lead score. 

      Differentiating the buying power of leads does not mean you have to focus only on the ones with a higher lead score, but focus your marketing and sales efforts at them. The ones with a lower one go to another segment, where they are approached with another offer. This happens easily with a well-formed automation process.

      Aligning the lead generation efforts with an automated marketing studio means less effort for marketing and sales teams; saves time; saves resources; increases the chances for conversion. 

      7. Do Data Monitoring Constantly

      Last but not least – CRM platforms have the ability to track in real-time, 24/7 all updates regarding your customers. The insights you receive for customer behavior, trend forecasts, and the progress of your marketing and sales campaigns could help you adjust your campaigns on the go.

      Being live with your campaign management process means you do not have to stick to a strategy that does not work properly. The secret of optimizing lead generation is the willingness to dive deep into analysis frequently and afterwards implement the necessary changes.

      Live adjustments generate quality leads and help you convert them into paying, loyal customers.

      One of the best features of CRM software that is fundamental for lead generation’s improvement is that it integrates with other software that collects all the data you need in order to nurture successfully.


      A few quick tips to the topic:

      • Make leads interact: The attention span of a person in the overloaded with information virtual spaces is around 15 seconds. You need to be creative and use the CRM system as user friendly as possible in order to get more interactions.
      • Quality, not quantity: Use CRM systems not to generate as many leads as possible but to target the most potential ones. It’s better to target 10 potential customers and have 1 sale than to target 100 clients and have 0.
      • Contact management: Sort your clients using a CRM contact management system by demographics, age, interactions, transactions. Sort out trends, heatmaps results, bounce rates, click-through rates and make as much segmentation as possible. Use the CRM system to notify you if a lead is not converted on time.
      • Sales management software: Use sales management software to organize your contacts and the calls, messages, requests, appointments, notes, deals, files that will be easily accessible by the sales team when communicating with the client.

      Read More
      Antonia Shehova January 6, 2022 0 Comments
      Marketing AdviceSEO

      Why a CRM System is Essential for Effective Lead Generation

      Lead generation or Demand generation is the process of attracting and converting suspects (people/ businesses who are interested in your product) into prospects.

      As previously discussed in Marketing Qualified Leads vs. Sales Qualified Leads article there are 2 types of leads – sales and marketing ones. 

      Lead generation’s goal is to attract potential clients and turn them into customers. To do so, you need to identify the interested sides in your product and nurture them through marketing campaigns and convert them with effective sales strategies.

      Leads can be created for list building and segmentation of your customers, newsletters and various processes that will eventually generate a sale. They can come organically from owned channels, earned channels, or paid ones.

      Earned channels are the hardest to achieve. Here clients/ media are brand ambassadors and recommend your product without you paying for it. Owned media is important for brand identity. Paid channels are all the campaigns you set for advertising. You should not count only on paid media as the line of sales here tops at the beginning and starts going down and down afterwards.

      Among the best channels for generating leads is email marketing, as well as content marketing, search engine marketing (SEM) and organizing events. Search engines drive traffic to your website that also can be direct, paid one, or a web referral. Direct traffic is believed to be the most popular online channel for lead generation as it is organic which means that the person behind the search engine intentionally searched for your company/ products which makes him more potential for future sales.

      If you are a marketeer, you need all the information for a customer that will help you improve the demand generation of the company. One of your main points is to work with databases and manage them to the moment when leads become sales. Databases can be really weary. With the presence of Customer relationship management (CRM) tools and systems, they become something really beneficial for every business and funny to work with – something otherwise boring to process.

      For best results in marketing campaigns, CRM systems help at every step of the marketing funnel. 

      Where do we start?

      Let us say you are an emerging company. You have no clients’ database and have to set up a campaign in order to convert. The best thing you can do at first is to set a CPM (cost per mile) campaign that brings awareness for your brand and products. With CPM campaigns you lack a target audience and potential customers segments. An example of such a campaign is a billboard ad or a magazine ad. A minus is that you cannot measure the success of such a campaign. But it is your first “stop” on the long way to generating leads.

      Another good way to bring brand awareness is to use CRM systems that research and collect information from potential customers automatically, help in the organization of events, blog articles, webinars, direct mailing, and social media posting easily. 

      Social media posting usually includes carousels, banners, infographics, videos, gifs, stories and articles. Facebook for example is good for targeting people by liked pages and the paid ad there is not determined by bidding as it is in Google.

      What comes after awareness?

      Interest comes when you have already created awareness among the potential customers of your business. CRM systems deliver practices that surround a successful implementation with more engagement rates, positioning of the product/ service, targeted content and classes. If you already know the interests of your potential customers, you can start sending more personalized content. 

      At this part of the funnel you start measuring different data from your campaign. Here you can see how people respond to your publications/ marketing assets by the clicking rate, visits and interactions.

      Investigating…

      Consideration for a client in 2021 is basically a lot of research and review reading. Automation tools assist marketing teams to showcase product info, email marketing, case studies and free trials. If a potential client hasn’t come close to purchasing – send him a newsletter with additional value, or interesting facts on topics related to your products, or a short free trial/ demo of them in order to convince him it is the right solution to his problem.

      CRM automation tools come to help with the content marketing campaigns and the newsletters’ design and optimization. We have to note that content could be hardly measured since its purpose should never be direct sales. People do not like to read advertising content articles – they like to digest useful information and eventually buy any of your products. 

      To buy, or not to buy?

      Here we are – a few steps from purchase but still not there. Marketing automation has to assist the marketeers with product demos, specials, shopping carts, sales ads, to nurture the stream.

      Thank you for your order

      A conversion! You did it! But does that mean you end your relationship with this customer? Of course not. First of all you must have a well-optimized checkout process. The more possible integrations of payment methods your system supports, the more are the possible ways to purchase. Contemplate this matter when looking for an automation tool for your business.

      AI powered automation and loyalty

      CRM systems are able to help you generate loyalty in the after-sales process. The goal is to convert clients into your brand’s advocates ready to defend your name. Loyalty also means long-lasting relationships, thus leading to secure conversions.

      CRM systems’ AI abilities could help you improve the user experience (UX) and the user interface (UI) of the company’s presence as well. Companies should strive for a better presence both in online and physical space. 

      With an intelligent system, you can quickly receive results on the most qualified leads and the most appropriate marketing technique based on the lead’s characteristics. With smart software, you can avoid wasting time on the wrong leads while focusing your efforts on the most promising ones. AI-powered CRM tools recommend the best marketing strategies per lead to maximize conversions. 

      Predictive analysis in your CRM also uses your current and historical data to find similar leads that may be interested in your products and services but have not interacted with your business. With proper AI-automated predictions, you can focus your marketing activities exactly where you have to. This will increase your company’s attraction and additional value.


      There are some CRM systems that are more complete than others and have a more powerful influence on the success of your marketing strategy. In the next article on the topic we will inform you on how to improve lead generation and which are the best software systems to do so. Stay tuned! 

      Read More
      Antonia Shehova December 13, 2021 0 Comments
      BusinessMarketing Advice

      The Complete Guide to Marketing Asset Creation

      The phrase “content is king” seems to be more popular than ever, especially with the surge of the Inbound marketing methodology in recent years.

      The purpose of inbound marketing is to attract customers by offering valuable content and experiences tailored to their needs. Unlike outbound marketing which is more interruptive and not customer-centric, inbound marketing’s about valuing and empowering these people to reach their goals at any stage in their journey with you.

      All three phases of inbound marketing (Attract, Engage, Delight) require specific pieces of content (or marketing assets) to help prospects move to the next stage of their buyer’s journey.

      And in this article, we’ll dive deeper into the marketing assets world, what types there are, how to manage them, and more.

      Let’s begin!

      What are Marketing Assets?

      Marketing assets are anything used by an organization to promote its brand, products, or services. This may include emails, brochures, case studies, white papers, podcasts, blog articles, website content, videos, and many others. 

      What type of marketing asset a company will use to target customers is based on its marketing strategy.

      As we mentioned at the beginning of our article, Inbound marketing uses those assets to engage with and inform the modern buyer who is constantly looking for more information.

      For instance, a blog article that presents you as a market expert will appeal to this buyer which is the first stage (attract) of their customer journey with you.

      But marketing assets are not only for customers and prospects. Some of them are used for the internal purpose of motivating and empowering employees to promote the company and product in a specific and consistent way. 

      For example, an internal brand guide might advise employees on the consistent use of logos, colors, fonts, image style, and brand voice, while a product messaging presentation might train your sales team on how to communicate your company’s product and its values in the right way.

      But what types of digital marketing assets are there and when to use each of them? 

      Let’s see.

      Types of Marketing Assets

      There are a ton of different digital marketing assets that you can utilize. However, it’s good to know their specific strengths before creating them. 

      Here the phrase “the more assets, the better” is not applicable as you want to have only those assets that will bring the most value for your company. 

      Furthermore, as we’re going to discuss later in this article, creating an asset is just the first step. Then, you have to manage it properly, otherwise, you risk things going out of control. 

      But here are some of the fundamental assets that you might want to have:

      White Papers

      A good definition of a white paper would be “an advanced problem-solving guide”.

      A lot of marketers find it hard to differentiate between white paper, ebook, and a blog post. To start with, it must be an authoritative and in-depth report/guide that provides information and education about a complex issue. Its main purpose is not to promote a product or specific solutions. A white paper could help you establish yourself as an expert in the field and someone who knows customers’ biggest pain points.

      That’s why white papers are a perfect TOFU offer. Typically, white papers require at least an email address for download, making them great for capturing leads.

      Videos/Webinars

      Today’s users consume more videos than ever. Videos and webinars are a great alternative for those of your prospects who do not want or don’t have time to read a lengthy document. 

      Overall, the video as a media format will provide you with a lot of options to engage your prospects and customers. You can offer them “how-to” content, interviews, product presentations, etc. 

      And the best thing is that you can transform an existing written piece of content into a video in no time. 

      Let’s say that you have a blog article on a specific topic. You can rework the text into a script, add some animations, and background music, and you’re done. 

      Additionally, videos and webinars could be useful in every stage of the marketing funnel. Even your existing customers can find something valuable in them. 

      Case Studies

      Whatever marketing assets you decide to have, their main purpose is to move your prospects down the funnel.

      Now, let’s say that some of your leads have jumped from the TOFU stage to the MOFU stage. At this point in their journey, they are aware of their problem, and now they are considering different solutions to tackle it.

      In other words, they need convincing that you are the right solution for their problem.

      This is where case studies enter the stage. 

      They provide concise, interesting, and factual information about existing clients and how their pain points were addressed and their problems were resolved. 

      Case studies are such powerful tools because people believe people. They don’t trust companies. That’s why users always search for social proof, go through customer reviews, and ask for feedback in Facebook groups. They need to be sure that other real human beings with similar problems like theirs had a good experience with your company.

      Infographics

      The term “infographic” itself is shorthand for the phrase “information graphic.” Infographics help communicate complex and detailed information in an easily digestible, visual format that uses images, data, and text to tell a compelling and memorable story. 

      Infographics can help entice readers by presenting lots of information quickly. Furthermore, they could be a great addition to your set of marketing assets as they are compelling material for all of your visual prospects.

      In short, infographics have a lot of advantages that you might miss if not use them:

      • Easier to share;
      • Easier to read;
      • Marketing friendly;
      • Condensing content.

      Corporate Brochure

      The purpose of a corporate brochure is to highlight the benefits, products, and services of the company. 

      A brochure typically has one, two, or three folds and is distinct from a flier, direct mail letter, or catalog. 

      Despite being used by large companies, brochures are an affordable advertising tool for small businesses.

      Companies can use brochures in a variety of marketing capacities. You can mail a brochure with a business card or other collateral material to targeted customers using a mailing list. Door-to-door salespeople often hand out brochures. Brochures may also be displayed on a retail shop’s front counter or in displays for customers to view while they are in the store or after they leave.

      Presentation

      The purpose of company presentations is to give prospective clients and customers valuable information about the history and services of a company. 

      Presentations are used by businesses to explain how they can help their customers with their needs or problems. However, companies can also use presentations to report business successes to partners and executives or attract the attention of possible investors. The right company presentation can help you gain new clients, increase revenue, and show others how your business has succeeded.

      Blog Articles

      Blog posts are one of the most popular types of marketing assets. While they are typically used for educational purposes, some business blog posts can contain a call to action to persuade new readers to check out the company’s products, services, or other content.

      Blog posts are great for answering questions that your prospects are searching for, resulting in increased traffic to your website and helping your company build brand awareness.

      Blog posts can be used at any funnel stage, depending on what information they contain and what questions they answer. However, they’re especially great in the awareness stage.

      How to Organize Marketing Assets

      Marketing assets need to be designed and created with a marketing strategy in mind. They are most effective when they are used in the proper context so take care to employ them appropriately in the right type of campaign. 

      Typically, marketing departments are full of people with creative ideas who are constantly willing to create new assets and materials that support global campaigns and empower staff to promote and sell products or services.

      However, tracking and managing too many assets can quickly become an overwhelming task.

      Eventually, you might end up in a situation where your assets don’t contribute to your business goals as you’re constantly wasting time looking for the latest iteration and making sure that all of your salespeople are using it.

      It’s simply impossible to operate and collaborate without a central repository or Marketing Asset Management (MAM) system.

      Integrating a MAM system will allow you to digitally control your corporate marketing assets and make sure that all assets are accessible, easy to find and share, brand-compliant, and available for global campaigns.

      Apart from that, there are other techniques for asset management like:

      • Standardizing file names and including date and version; 
      • Categorizing assets; 
      • Applying a status to each asset, such as current, needs an update, or archive; 
      • Archiving outdated assets.

      What Are The Key Benefits of Marketing Asset Management?

      Time is money, and if you have ever dealt with the annoyance of trying to find a critical campaign you know how time-consuming that task could be. 

      Having a proper Marketing Asset Management system means no more digging through old folders, emailing the entire department, or the worst – writing to an ex-colleague for help because they were the last ones who worked on the asset.

      And that’s the biggest benefit you will get from integrating a MAM system – quick and uncomplicated accessibility.

      Of course, the list doesn’t end here. You’ll also

      • Increase your revenue growth and overall performance;
      • Improve your team’s communication, productivity, and collaboration;
      • Reduce time searching for assets;
      • Reduce redundant recreation work;
      • Maintain global brand consistency;
      • Repurpose assets for improved ROI.

      Brandanizer: The Asset Creation Partner

      The number one issue with relying on an outside contractor/agency for creating your marketing assets is whether they will be able to grasp the industry tone of voice. 

      A lot of times agencies find it hard to blend in more specific markets like the IT industry, for instance. 

      For us, at Brandanizer it’s not only important to get the job done, but also to be able to do the tasks in front of us as if we are in-house members of your team. 

      That’s why we are specialized mainly in the IT industry and know the challenges, problems, and pains IT companies face every day.

      We are a team of highly motivated and proven experts in the field of strategic marketing, branding, brand positioning, content creation, and design. We love our job and have earned many partners through the years with the passion we do our work. 

      In Brandanizer we know how important marketing for IT companies is and we show it to our partners and clients.

      Contact Us

      Read More
      Antonia Shehova December 11, 2021 0 Comments
      Marketing Advice

      Marketing Qualified Leads vs. Sales Qualified Leads

      When it comes to marketing and sales teams, there is always this fight for the significance of each team’s work to the added value of the company they work for. As to profits, both teams love to take credit for their contribution and when there are losses, they usually try to blame the other one. 

      The key difference between marketing and sales is that they do completely different jobs over the customer journey, but the resemblance is that their job paves one single way – the one leading to more profits. 

      Talking about marketing and sales there is no way not to mention “leads” as they define the results for both teams’ efforts. Their purpose is to transform the audience into leads and eventually to buyers. From one side the Marketing Qualified Lead (MQL) is what the marketing teams fight for, in order to pass them to the sales team, whose purpose is to turn them into Sales Qualified Leads (SQL) and eventually customers.

      Marketing Teams vs. Sales Teams 

      If we have to define the differences between MQL and SQL, we first must define those for the role of marketing and sales teams when communicating with potential clients. 

      Marketing communications establish basic information for your brand, offers, costs etc. The marketing team also showcases what your company has to offer to the audience and explains how the products/ services can solve the audience’s problems.

      Marketing teams target the so-called suspects, who are basically all users with any chance of buying their company’s product. No one really knows whether they are interested in the offer, but there is a slight chance they will need it at some point. The marketing team’s job is to turn them into prospects throughout the marketing funnel. This happens after the so called qualification process. A prospect who is interested will engage with you consistently, while a suspect will only engage with you if it’s safe. 

      The prospect becomes a qualified lead as soon as they answer to the “call-to-action” of the marketing campaign, regardless of being an online publication, a content marketing article, or a print ad. Leads are prospects that satisfy your criteria. They need your product or service. They have the budget to buy it and the right to expend the budget and get the purchase. The more urgent the need, the hotter the lead.

      Sales teams focus on working exactly with the qualified prospects, who are potential customers having already gone through a qualification process, to get them to convert. 

      Essentially, marketing is the first step to getting leads interested, while sales take that interest and nurture it.

      The approach of sales and marketing teams is different but when it comes to the entirety of a campaign, they are a whole. You have to think of marketing as the precursor for the sales team.

      So, what’s the difference a MQL and a SQL? 

      A good way to explain the difference between MQL and SQL is to break the process of approaching the potential customers into small steps.

      1. Need: All marketing funnels start with a problem that your potential clients may have. In order for a company to offer anything that comes with a price tag, it has to be able solve this problem. Then comes the need to solve it so the potential buyer makes research for the available opportunities which can improve the existing situation. The marketing team here has the job to make their products/ services visible for suspects that seek for a solution of their problems.
      2. Interest: The potential client runs into your company’s solution to their problem. Once introduced, they now know about you and see that you may be able to help. This is also the marketing team’s job. They must have a clear vision on how to resolve the client’s problem.
      3. Consideration: The client knows they need the product by now, but they need more information to determine if it’s the right one to solve their problem. That involves a lot more in-depth , focused and personalized information. Here, the suspect becomes a prospect. If he reached you through your marketing correspondence and campaigns – this is an “official” Marketing Qualified Lead. Marketing Qualified Leads have shown interest in buying. They’re open to the idea of a sale and have taken an initial step to engage with your business, without buying.

      Examples of Marketing Qualified Lead actions:

      • Clicking on a “call to action” button
      • Clicking on your website’s link (direct, search, remarketing)
      • Launching a free version/ trial of your product
      • Requesting your product’s demo
      • Submitting form for a newsletter
      • Filling out any other online form
      • Adding any of your items to a wish list
      • Adding any of your products to a shopping cart
      • Visiting your website on a regular basis
      • Clicking on any of your ads
      • Contacting you directly to request additional information

      In other words, when a potential client is aware of your product and is already convinced that they need it, they become a prospect and if that happens throughout the marketing campaign that you set, they are Marketing Qualified Leads. 

      1. Intention – The consumer has now essentially made the choice to make a purchase, but needs to determine whose product exactly is their best match. This is where your product’s demo takes place. It is part of your sales team to showcase it to the potential clients, offer them a free trial/ sample and begin their process of convincing them of buying it. This is a good time to include content and the right branding in forms that actually compare one thing against another, and show why your brand is superior.
      2. Evaluation – The buyer is already convinced they need a product like yours, but now they need to know for sure that yours is the right one for them. More info for the business value, phone talks and here comes the price. In this part of the marketing-sales procedure, prospects become Sales Qualified Leads (SQLs). They have the budget to buy it and the right to expend the budget and get the purchase. The more urgent the need, the more hot the lead.
      3. Purchase – This is where your audience makes some sort of commitment or makes an actual purchase. The purchase phase can actually involve several other stages of the funnel in terms of your audience purchasing entry level products to try you out. Here, the prospects go to the final level, eventually becoming customers – a real paying business units or an individual who must be kept satisfied and happy in order to convert into a loyal lead – the end goal of every marketing-sales funnel.

      The transition from MQL to SQL can vary depending on the company but usually begins with a lead scoring, or personalized segmentation. This is the process of assigning values to each lead to determine their willingness to make a purchase. Leads are scored based on demographics, the information they provide, and the type of engagement with your campaigns. Having proper lead scoring helps your sales team save time which they can spend for the most potential leads.

      In conclusion, we can say that the most important difference between MQLs and SQLs is the intent to buy. While there are other factors that will affect whether a lead is categorized as marketing or sales-ready, the biggest tip-off for marketers when deciding whether to pass a lead on to sales is the intent to purchase. That is a surefire sign that they are ready to talk to sales and tells you that passing them onto sales is the best way to serve that lead.

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      Antonia Shehova December 7, 2021 0 Comments
      Marketing AdviceSEO

      The Best A/B Testing Tools for Your Online Business

      Today every business goes digital chasing new markets, more clients and stronger brand positioning. When planning for their company’s digital journey many marketers and brand managers use common tactics and apply one and the same techniques for positioning different products, services, and brands. However, every business owner would tell you that they offer a unique value proposition and that standard best practices for promotion may not always apply in their case. 

      Digital marketers need to understand that every piece of communication, every message, call-to-action, design, ad, or email, needs to be tailored to a specific audience having in mind the stage in the user journey, the value they get and the goal of your business. But how to guess which ones would work best for your campaigns? Well, you can’t. And this is why you need to rely on A/B testing.

      What is A/B testing?

      A/B testing in digital marketing & sales is the approach of experimenting with two or more variations and combinations of campaign elements – design, content, or audience. The purpose of A/B testing is to make you stop guessing and take data-driven decisions in regards with your targeting, budgeting and message to the right group of users. Ultimately, by means of A/B testing you are supposed to discover the best settings for your marketing campaigns and achieve conversion rate optimization. Below are some of the most popular A/B testing tools that will help you do it.

      Most popular A/B testing tools you can rely on

      1. Google Optimize

      Within the Google Marketing Platform you get a set of tools that help you perform split testing or A/B/n testing. You have A as the original page and B or n as a given number of copies with one or more elements modified as variations. These could be colours, CTAs, arrangements, etc. Varian B could even be a completely different version of the original page. 

      The best thing about this tool is that it is free and also offers Multivariate tests that experiment with two or more elements simultaneously. The user interaction with them is monitored and analyzed to identify the best performing combination of your content elements. Google Optimize also offers redirect tests that are often helpful when you publish a complete redesign of a given page and test it against the original one. 

      2. Omniconvert 

      A/B testing is part of the platform, commonly known as a CRO tool. You could perform tests on mobile, tablet or desktop pages, and take additional advantage of survey tools, personalization, and segmentation tools.

      Talking about segmentation, you can combine it with A/B testing and experiment on additional factors such as geographical location, user device or behaviour, traffic source, and many more. Unlike our previous suggestion, Omniconvert is paid. However, you can always book a free demo to make sure that it offers the right tools for your online business. 

      3. Convert

      This is a bit pricy option for enterprises which has proved its value for some of the biggest brands worldwide. The tool comes with a wide variety of testing and experimenting options and offers advanced segmentation features based on events on your website. Additionally, it offers valuable insights and reporting that can help you better analyze your data and find ways to optimize conversions. One more benefit from Convert is the integration you can have with popular third-party applications such as HubSpot, WordPress, Shopify and many more. 

      4. Freshmarketer

      Another good option to validate your website’s messages, design, and ideas and to boost conversion rates. The tool is intended for testing landing pages and stands out with its feature allowing for tracking the revenue that each and every experiment brings. Freshmarketer enables integration with Google Analytics and also adds a split URL testing tool that helps you experiment with variations of your pages. A useful feature might be the heatmaps added to every version and the option to turn the most successful variations into real pages.  

      5. Optimizely

      One of the most popular tools and platforms for designing unique digital experience for users. Optimizely helps you take data-driven decisions and experiment with multiple elements on your website, even on dynamic one. The idea of the creators is to offer a great level of personalization and customization at every touch point the user has. This is why we can trust the team that Optimizely comes with a full set of features needed to build the best performing variation of a page on your website. 

      6. VWO

      The tool is intended for large enterprises and offers a complex set of features and integrations. The well-known A/B tests, split URL tests and multivariate tests are part of the brand’s solutions for running complex experiments and setting up various tests in no time. VWO stands out with its reporting dashboards and SmartStats features that ease you in making decisions and adjusting your digital campaigns. 

      7. Crazy Egg

      Businesses rely on Crazy Egg due to its simplicity and the option to set up A/B tests with no coding experience. What you need to do is to add a snippet of code to any of the pages on your website that you want to experiment with. The tool will be monitoring and analyzing the performance of each variation and will send more users to the winning one. The platform tends to have more popularity among small and medium-sized businesses. 

      Bonus tool: Adobe Target

      With this tool you can go far beyond experimenting with your website and run A/B tests on your other channels. Actually, you can A/B test your whole experience, including images, copy, UI, and more, to find the winning experience. The rigorous testing approach in Adobe Target is designed to test multiple variations across web, mobile app, IoT, and more on both the client and server sides.

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      Antonia Shehova November 24, 2021 0 Comments
      BusinessMarketing Advice

      7 Key Steps in Building a Strong Brand Identity for IT Businesses

      In today’s world we as buyers are exposed to countless numbers of offers, products and service providers that fight for our attention and loyalty. However, only a few of them manage to convert us into clients, and the reason for that is well-known to the business – people do not simply buy products and services anymore, but also the look, the positioning, the feeling, the reputation, and the emotion that come with them. Our experience in marketing and branding for IT companies tells that a strong brand is what makes the difference between average market players and top performing businesses. Here is why we are sharing the 7 key steps that can help you build a successful brand identity and stand out from competition in the tech field. 

      1. Define your brand’s purpose

      If “earning money and making profit” is what comes first to your mind, this is not a shame, but would hardly impress your potential buyers. For sure, financial results are essential for your business, but, when shaping your brand identity, take the example of the most prominent global brands which have a clear definition of what they want to change in the world and how they want to improve our lives. For example, Apple’s main purpose is to create products that enrich people’s daily lives and Google’s purpose is to maximize access to information.

      What is your brand’s purpose? Think of what impact you have on your stakeholders and put it into words. 

      2. Remain consistent when managing your brand

      Here it is key to make every piece of content produced (message, social media post, blog post, visuals, etc.) consistent with the purpose you have defined. Do not let people wonder what you want to tell them with your new post, video, or advertisement, and make them look natural in your content strategy. Remaining consistent within all your communication might be a tough job and here is where you may need to involve a brand manager or a marketing-as-a-service agency to get professional support. 

      An important aspect of remaining consistent is to overcome the temptation to talk about trending topics and try newsjacking when this has nothing in relation with your brand. 

      3. Bond with your customers emotionally

      Think about all the times when you have “experienced” a brand. Emotions that you can provoke may have nothing to do with your service or product features but are much more important for retaining loyal customers. This is what most successful brands leverage to keep growing. Find ways to connect deeper with your audience by making them part of your community, engaging them with your brand, surprising them with a gift, producing “behind the scenes” content and demonstrating the human nature of your business. 

      4. Be adaptive

      IT is now one of the fastest changing industries in which you need flexibility and adaptability more than anywhere else. Even if  today you have the most innovative software, IT service, or  technology, they may become outdated tomorrow. For your brand this is a warning to be prepared for adapting to the new market environment or even for entire brand repositioning in case your messages and style stop attracting and engaging your audience.

      Read More: What is Brand Repositioning and When Do You Need One

      5. Turn employees into brand ambassadors and advocates

      Happy staff is equal to happy clients, and this is true not only for customer service, but also for strengthening the brand image. First of all, make sure your employees believe in your brand’s purpose, vision and values and that these are well-communicated to all of them. Then, ask them to follow your brand’s guidelines, tone of voice, and visuals, when interacting with an external audience.  Bear in mind that a well-trained, motivated, and loyal representative of your business could become a great supporter of your brand image across your potential or existing clients. 

      6. Encourage and reward loyalty

      Strong brands are strong because they know how to retain their buyers and increase their customer lifetime value. In the field of IT, your product and service features could be easily copied and outperformed by competitors. However, competition would hardly steal your buyers when you take care of them even after they have purchased from you. Here are some good ideas to engage them deeper and make them loyal:

      • Make them part of special groups or communities (on Facebook, LinkedIn, email lists, etc.) to receive exclusive deals and offers
      • Offer free or additional technical support for your service
      • Offer new features or updates of your software
      • Reward people when they refer your products or services
      • Produce free content to ease them when using your service

      7. Observe competition

      In many cases reasons for your success or failure may come from competition. It is important to monitor your competitors and to analyze whether their brand positioning outperforms yours. Try to identify those aspects of a strong brand that they lack and make them the base points for your own brand. Also, turn to your customers on social media and other web channels and empower social listening to understand more about the perception of users about your brand and its actual positioning against competition. At the end of the day what you need to know is whether you can add more value to your products and services than they do. 

      To Summarize

      Building a strong brand goes far beyond the technical aspects, features and qualities of your products. Branding encompasses all the reasons why people should buy from you rather than from your competitors – what is the added value of your business, how you communicate it and how you inspire emotions and turn your one-time buyers into permanent clients and brand advocates. Not sure where to start from with your brand? Get in touch with Brandanizer and take advantage of our expertise in marketing and branding in the IT field. 

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      Antonia Shehova November 9, 2021 0 Comments
      BusinessMarketing Advice

      8 Tips to Reduce Bounce Rate on Your Website

      Bounce rate is one of those metrics indicating whether users get engaged on your website and find the content that they search for. But what bounce rate is good enough for your website and your niche? 

      In 2021 as a good bounce rate is considered 41% to 55% which does not always mean that higher numbers show poor performance of your website. Here is what you need to know and consider:

      What is bounce rate?

      First, let’s clear out what bounce rate is and how it is being measured. According to Google, bounce rate is “the percentage of single-page visits (i.e., visits in which the person left your site from the entrance page).” If you want to understand bounce rate, however, you need to know that not all bounces are the same.

      • Hard bounces – these happen when users leave your site immediately after landing on a page, without wasting any time scrolling or reading. Hard bounces are a clear signal that people do not have any interest in your site and that they have probably landed on the wrong page. 
      • Medium bounces – they indicate a little interest by users who might skim the page before they leave. This might mean that they are not ready to go through all the content now, but they may return on the page later. 
      • Soft bounces – with them you will notice higher engagement by users who might stay a few more seconds on a page, scroll down, and interact with more of the content. Even if they leave it will be much easier to retarget and re-engage them.  

      Is high bounce rate good or bad?

      In general, you will consider high bounce rate as bad because users spend little time on your website and interact less with your brand. However, sometimes high bounce rate may indicate that people find the right answer to their question on your page, and they will leave after going through it. While this is valid for websites in categories such as news, recipes, forums, etc., for online businesses, IT services and e-commerce high bounce rate is a negative result. Here is why we are giving you some proven tips to optimize it.

      How to reduce bounce rate on your website?

      1. Focus on UX

      You only have a few seconds to impress users that land on your page, to engage them, and to help them find the solution they are looking for. Make sure that you offer responsive layout which appears on all browsers and devices and offers easy navigation. Also, do not forget to make your content easy to read and to move all distracting elements such as banner ads and popups aside. 

      2. Minimize page loading time

      Speeding up your website is crucial for reducing your bounce rate. According to Akamai, 53% of mobile users will abandon a webpage if it takes more than 3 second to load. How much does it take for yours? Check your page speed with PageSpeed Insights tool by Google. In order to improve the speed of your website you can reduce the size of your images, include self-loading content, remove unnecessary plugins or use a content delivery network (CDN). 

      3. Offer high-quality fresh content

      All the rest of the steps to reduce bounce rate will have no meaning unless you produce high-quality content regularly. Make sure that the texts, images, and videos published on your website are engaging, clear, and relevant to your business and also that you often publish new content to demonstrate your authority and gain trust by users. 

      See also: Website Renewal: How to Plan It Properly

      4. Set a clear and strong call-to-action (CTA)

      Even if you successfully engage users with your content, you might easily lose them with by a weak call-to-action. What you need to have is a CTA that will make them click and continue their user journey. A good idea for a CTA that works for SaaS businesses is offering a free trial for your software or subscription service, for example. 

      5. Target popular keywords with value for your business

      By just creating any type of content for your blog or website you will hardly reduce your bounce rate. You need to target those keywords that will bring you high-quality traffic and people who are interested and engaged in your niche. You will most likely be interested in transactional or commercial keywords suggesting that users are searching on the web with buying intent. In the e-commerce niche these will be searches related to the price or distribution of products while in the software field they might be related to a tool that is performing certain tasks or is solving specific problems. Not sure about the right keywords for your business? Do a research on Google’s Keyword Planner about the volume and price of the keywords that you consider important for your business. 

      6. Attract the right visitors to your website

      Sometimes the problem is not with your content or website performance, but with your targeting, instead. The understanding for “quality content” differs a lot among users in different categories and this is the reason we are not giving universal rules about content types or length. However, it is your job to identify and target the type of prospects that might be interested in your brand and that could be turned into leads. Otherwise, high bounce rate indicates nothing of value for your business. 

      7. Make external links open in a new tab 

      A very simple rule that is often neglected is to set external links to open in new windows of users’ browsers. This is how you make sure that when relating to external sources people would not just click on the link and abandon your web page right away. In such cases they may never come back to your website again. 

      8. Monitor, experiment, optimize

      Every change that you make on your website will have an impact on your bounce rate. Here is why you need to monitor, test, and further improve your content, UX, functionalities and design. 

      In Conclusion

      Understanding bounce rate is fundamental for improving your website’s appearance and performance. You already know that a high or low bounce rate is not always good or bad for your business unless you have a clear plan and content strategy. You can always turn to a professional marketing-as-a-service studio that will take the lead of your marketing and branding strategy and help you achieve results from your marketing efforts with real meaning and value for your business. 

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      Antonia Shehova November 8, 2021 0 Comments
      BusinessMarketing Advice

      6 Essential Digital Marketing Elements for Your Business

      Do you doubt that in 2021 a major part of your marketing and branding strategy must be focused on online channels? Trends in the world of marketing and advertising show decreasing interest in traditional advertising in comparison with the positive growth in budgets for digital campaigns. If you are a tech startup, IT service provider or an e-commerce business, for you this is a clear signal: Prioritize digital marketing to position your brand and drive conversions for your business! 

      If you are new in the field or you are just planning your strategy here are the main 6 digital marketing aspects that you need to consider:

      SEO of your website

      When users search for products and services like yours, you want to be on top of the results on Google, don’t you? 

      In reality, optimizing for search engines is a complex process which is not entirely under your control. However, as a digital marketer, you must take care of:

      • Planning and optimization of the content – knowing your industry, products and target buyers, you should be aware of their online behavior, preferences, and way of browsing on your website. Adding content that best fits their searches and drives meaningful results for your business will be a good signal for search engines. Make sure you put on your pages the right keywords, product names and descriptions, and meta tags, according to what people type in search engines to find your business. 

      Tip: Take advantage of tools like Serpstat to help you find the right keywords for your business and industry

      • Planning the website structure – by making it easy to navigate for users you are also making it easy for search engines to scan and index the content and to understand better what your website is about. Think about internal linking, user paths, URL addresses, etc.
      • Keeping an eye on the technical aspect – crucial part of search engine optimization is the performance of your website – loading speed, adaptive design for various devices, security, light code, etc. Although it is rarely a marketer’s responsibility to enable these, you need to make sure that they cannot ruin your efforts put in preparation of SEO content. 

      Blog for engaging and educating the audience

      A great way to keep users returning on your website and engaging with your brand is to develop your own blog. You already know how to research topics and keywords that people are interested in and look for on search engines. Having this in mind, writing optimized and attractive blog posts seems a lot easier. Just stick to writing for people and not for search engines. Although keywords stuffing may have worked in the past, search engines are a lot smarter today and can understand when a post or a page is really useful for the user. 

      Blog posts will ultimately increase traffic to your website and will bring a higher number of returning visitors. A useful idea to push them down the marketing funnel with your blog posts is to ask them to subscribe for your newsletter or to visit a specific product or service page after reading an article. 

      Tip: Not every blog post should be sales oriented. Instead, try to inform users on a certain topic or help them deal with a specific problem related to your expertise and industry. This may develop their relationship with your brand and bring even higher business value in the long run.

      Leveraging social media for awareness and interaction with your brand

      To get out the maximum from your digital marketing activities you should not limit your presence to owned channels only. Instead, you need to make sure that users can easily reach and talk to you on most popular social media. With billions of users on Facebook, Twitter, LinkedIn, and Instagram, you are facing a great opportunity to extend your presence and get even closer to your target audience. 

      Promoting your service on the right platforms

      Gaining revenue and market share will go through promotion, sponsored content and advertising your business on suitable digital platforms. Whether these are going to be Google Ads, LinkedIn Ads, niche websites or paid media, you will always need careful planning of the right promotion strategy to achieve efficient use of your digital marketing budget. 

      Tip: Start with determining the goal of your promotion activities. Before you choose a media think of what you want to achieve – increase brand awareness, drive traffic to your website, push a product to the market or attract conversions. Having this cleared out, choosing a suitable channel is a lot easier.

      CTAs to drive conversions

      CTAs or call-to-actions are those tiny pieces of content that you need to trigger action by the user. You will be surprised how you can increase conversions just by adding CTAs on your product pages, blog posts, external publications, and so on. At the end of the day, you want a user to continue their journey on your website, to read another post, to learn more about your brand, to place an order or to get in touch with you. 

      Tools to monitor and measure performance

      All the steps above will require a lot of time, and probably, a significant budget. However, most important is to make sure that the effort put brings meaningful results. 

      Do users find your content attractive? Do your potential buyers click on your ads and visit your website? If so, what stops them from making a purchase?

      Fortunately, with digital marketing, you will have all these answers just by a few clicks. Make sure you rely on tools like Google Analytics, Hotjar, SEMrush and others to track the most meaningful indicators for your business.

      Tip: What to monitor – bounce rate, traffic sources, user sessions duration and returning visitors are just part of the valuable indicators that can help you understand your audience and their experience on your website, and to take further actions. 

      To Sum Up

      Digital marketing can be turned into the most powerful tool for positioning your brand and boosting your business performance. However, neglecting any of the elements above may result in high inefficiency level, waste of budget, and less loyal buyers. Therefore, you should plan your marketing strategy carefully and find the best marketing professionals or a top agency offering marketing as a service. 

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      Antonia Shehova September 30, 2021 0 Comments
      BusinessMarketing Advice

      What is a Value Proposition and How To Write One? (Free Template Included)

      What if you can craft a single paragraph that will push your prospects towards choosing your product?  

      That’s what your value proposition does! 

      It’s a short, concise message that articulates why a customer should choose your product/service instead of a competitor’s.

      Although it looks pretty simple to create one, considering that every owner must know their company’s biggest strengths, it turns out it’s not.

      So how do you actually write an effective value proposition which will make you stand out?

      The following lines will answer this question and give you more insights on topics like:

      • What is a value proposition?
      • What is not a value proposition?
      • Is value proposition important?
      • Questions you need to ask before start writing your value proposition
      • How to write an effective value proposition

      Let’s begin!

      What is a Value Proposition?

      А value proposition is a short, clear, and concise statement that summarizes:

      • What benefits does your product or service delivers 
      • Why customers should purchase it;
      • How the value of your offering is better than your competitors’.

      And when we talk about customers, we don’t refer to “all customers” out there. You want to address your value proposition to the specific target audience that will benefit the most from your product/service. 

      Because when you talk to the right prospects, your value proposition (if well-created) will quickly transmit the values of your product without the need for further explanation.

      According to MECLABS research, the effective value proposition has four main components:

      • Appeal – How much do I desire this offer?
      • Exclusivity – Where else can I get this offer?
      • Credibility – Can I trust your claims?
      • Clarity – What are you actually offering?

      Often marketers and business owners focus on one or two of the components but leave the rest of them out. And although they’re moving in the right direction, attempting to communicate appeal and clarity, their value props are lacking exclusivity and credibility, which are crucial elements. 

      That’s why “great technical support” is not an effective value proposition. Do you think this would appeal to your customers? Absolutely. Who doesn’t want to rely on high-quality tech support?! And is it clear what your company’s offering? There are no two ways about it.  

      But what about the other two questions:

      Is it very credible just to state that you offer “great support”? The truth is very few customers who haven’t experienced it firsthand will believe you right away. You might want to add the number of happy customers you have successfully supported already. Or your TrustPilot rating. You need proof of your statement!

      And if we say that you are an IT company, do you think you are the only one offering great/excellent/amazing tech support? It’s hard to believe it.

      In short:

      You need all four components to build an effective value proposition that will turn your visitors into customers.

      That’s what makes the creation of a powerful value proposition a complex task. And missing some components will result in something that’s “not a value proposition”.

      What is not a Value Proposition?


      By missing out on combining all four components (appeal, exclusivity, credibility, clarity) you end up with something that does not clearly convey the benefits of the company and its products.

      The value proposition must not be confused with:

      • An incentive – It is designed to persuade a visitor to act right away. An example of an incentive would be: “Subscribe to our newsletter and we’ll send you our e-book”. Obviously not the same thing as the value proposition.
      • A slogan or tagline – Which is “a catchy phrase or series of words used to help consumers remember a company, brand or product.” Brands often confuse slogans with value propositions. But the truth is that the only thing they have in common is they both are “a series of words”.
      • A positioning statement – Its definition is “An expression of how a given product, service or brand fills a particular consumer need in a way that its competitors don’t.” Although a positioning statement is a subset of a value proposition, it’s not the same thing and should not be confused as one. 

      Is Value Proposition important?


      To better understand the importance of the value proposition for your business, we will examine three areas it has a huge impact on:

      1. Converting Your Visitors into Customers

      In a market-based economy, a strong value proposition is crucial for a company’s success and survival.

      Your value proposition will be the first thing that visitors on your website direct their attention towards.

      To put it another way, If your target audience isn’t convinced right away of the value that you can provide for them, there’s no reason for them to stay on your site.

      And that’s exactly why HubSpot said the following:

      “Your value proposition is the core of your competitive advantage. It clearly articulates why someone would want to buy from your company instead of your competitor. It’s also one of the most important conversion factors. A great value proposition could be the difference between losing a sale — and closing it.”

      Think of the value proposition as a method to influence the decision-making of customers. 

      If you don’t put enough effort into it or decide to skip it, you’re missing out on convincing visitors that your offering is second to none. Respectively, your conversion rate will definitely take a hit. 

      And that’s something you don’t want to experience in today’s high competition market!

      Want to increase your conversion rate? Check these Top 5 Landing Page Builders that Will Help You Convert More Leads.

      2. Powering Investing Decisions

      Your value proposition will definitely have an impact when it comes to powering investing decisions:

      “I can say this with certainty: as an investor, a startup’s value proposition is the first place I look. It’s important that a new company spends a lot of time developing their value proposition. That first value proposition will determine their positioning with their investors and help us understand their ultimate aim. As a word of advice to new founders coming to market: you can’t spend too much time on your value proposition, and you don’t have much time to waste.” –  said Zain Jaffer, Founder, and CEO, Zain Ventures. 

      That’s how powerful your value proposition truly is. It may allow you to scale your business by attracting huge investments and position your brand as the market leader.

      3. Keeping Your Entire Business Ecosystem on the Same Page

      While the previous two points were focused on how your value proposition affects the financial side of your business, we shouldn’t forget that behind your messaging stays a lot of work. 

      And for that reason, a clearly defined value proposition is essential for enabling your entire business ecosystem to understand what value it should deliver and what value it should communicate.

      When you own an SMB (small and medium-sized business) it’s easier to keep everyone on track of your values.

      However, as time goes by and your business keeps on growing, you will end up with hundreds of employees that need to be on the same page when it comes to delivering the right product and communicating the right messaging.

      Questions You Need to Ask before Start Writing your Value Proposition

      Answering some fundamental questions before starting working on your value proposition will ensure that you won’t miss anything important later on.

      Here are three things you need to clarify in order to write the best possible value proposition:

      1. What is your offering

      The explanation of your product or service is at the core of your value proposition. 

      Although it might sound like the easiest thing to do, you need to make sure that you’re using the right wording.

      And more specifically – your customers’ wording! 

      You need to take into account your target audience’s point of view and explain your services in a way that will push the right buttons for them. 

      This means that you need to conduct thorough research on:

      • What keywords/phrases do they use when they are looking for your product?
      • What are their needs?
      • What problems do they want to resolve with your product/service?

      You can join Facebook groups or Sub-reddits where your prospects discuss related issues:



      Or you can use a tool like AnswerThePublic which will show you what questions your prospects are asking based on a keyword of yours:

       AnswerThePublic

      Or you can use Google’s suggestions:

      Google’s suggestions



      2. Who is your ideal customer

      You cannot do any of the things mentioned in #1 if you don’t know who you are going to serve.

      That’s why building your buyer persona (ideal customer) is fundamental for writing a powerful value proposition. 

      To accomplish this, research your audience to understand who they are and what they look for in products or services like yours.

      You’ll want to have answers to the following questions:

      • Who are they (demographic data) and what do they do (interests, careers)?
      • What are their values?
      • What are their pain points?
      • What challenges did they experience before looking for your product?
      • What motivated them to search for what you offer?

      And any other question that you think would be important for getting to know them better.

      Some of the information you will get by doing keyword/phrase research. Focus on what and how people are asking their questions, how they structure their problems, etc.

      Bonus: HubSpot’s “Make my Persona” tool will help you build and visualize your ideal customers so that you know who you are talking to.  


      3. What makes your offering unique

      Unless you are offering a Tesla, you will need to include unique selling points in your value proposition.

      Think of what differentiate you from your competitors that will convenience customers to choose you instead of them. 

      Even if you have some ideas, it won’t harm to conduct competitor research. Then you ask yourself the following questions:

      • What are my competitors lacking?
      • What do I do better?
      • Do these differences matter to my customers?

      How to Write an Effective Value Proposition

      You know which four components need to be presented in your VP, you’ve built your buyer persona, came up with unique selling points, you got a list with specific words your prospects are using.

      Great!

      Now it’s time to combine all of this knowledge into a concise paragraph that will convey your brand’s value in the best way possible.

      Here’s what you need to strive for:

      1. Simplicity 

      Avoid using vague language or industry jargon. Terms like “result-oriented” or “customer-driven” drive zero to no value to the customer. The only thing that you’ll achieve by adding them to your value proposition is to look exactly the same as the majority of your competitors.

      Instead, use straightforward language that is clear, understandable, and will allow prospects to grasp the idea behind your offering. 

      Tell them what your product is and how it’s going to help them solve their biggest issue. 

      Get straight to the point and you most definitely will like the results

      2. Value

      It’s a “Value” proposition.

      So it would be strange if it doesn’t convey the value of your offering. 

      Make sure that your proposition highlights the value that customers will get, once they start using your product

      3. Memorability

      In the best-case scenario, a visitor lands on your site and buys your product.

      However, it’s very unlikely. Today’s customers want to make an informed decision before purchasing a product or service. They research the market, all the competitors, compare their offerings, and then decide which one is the best option.

      This means that they will read several value propositions in the process. 

      And you need to stand out. To last longer in your visitors’ minds. To position yourself as the best option out there.

      That’s why your proposition should be unique. 

      Once you have all three things combined in your proposition paragraph, it’s time for the most important stage:

      Test! 

      Crafting the perfect value proposition doesn’t end with you writing it. You need to run some tests to acquire real-user data on what is working and what is not. 

      You can run some A/B tests to see which iteration works best. 

      Only then you can consider your task done! 

      Conclusion

      A well-written value proposition can have a lot of benefits for your business.

      This is far easier said than done, considering what amount of information you need to gather and then transform into a single paragraph. 

      However, we believe that following the steps and techniques presented in this article will make the process easier. 

      Plus, we did not forget about our promise! 

      To help you craft the best possible value proposition for your company, you can download Brandanizer’s free template:

      [ Download Free Template ] 

      It will allow you to better structure all of your information before sitting down to craft your value proposition! 

      Read More
      Antonia Shehova August 6, 2021 0 Comments
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