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SUMMARY: Content marketing can increase the volume and quality of your site traffic, and doesn't require a huge budget. As this company shows, you can build a strategy from the ground up using mostly free tools and resources on hand.
Check out the small-budget inbound strategy this company used to pull in 70% more leads and increase average annual account revenue by nearly 100%. See the key parts of the strategy and the steps they took to build it. |
Benefits include:
We completely agree with the first assertion. Content marketing can absolutely increase site volume and lead quality. It’s the second part of that statement that we have to challenge. Across all the companies we talk to and work with on content marketing we continue seeing two big gotchas consistent with every program. These challenges are surmountable, but don’t go in with blinders on! First, there is a steep learning curve to content marketing and running these new types of lead generation programs. The marketing leader in this case study brought with them experience in designing and running in-bound, content marketing lead creation. That’s a huge advantage over companies that have not done it before and don’t have the internal expertise of someone who has. Talk to peers who have done this before and they will ALL tell you the same thing – it takes time and experience. Hire it, outsource it or engage consultants who have done it before. You will save months of time vs. trying to learn it all on your own. Second, a well running content marketing program has costs, whether hard or soft, that companies need to anticipate. Don’t take the suggestion that “Content marketing… doesn't require a huge budget,” and “you can build a strategy from the ground up using mostly free tools and resources on hand” to mean you won’t need to allocate budget and resource one way or another. Here’s our quick summary of program expenses you need to anticipate. 1. The cost of your marketing automation platform itself including software licensing, acquiring lists, and modifying your website to support the new platform. 2. The cost of administering the program, creating the campaigns, messages and landing pages, mining the data, maintaining the databases and analyzing results. 3. Engaging and managing the accompanying social media programs. After all, social media is a big part of what makes these programs “in-bound”. Getting your links, content, messages and ambassadors into all the relevant social media takes time and resources. Those resources are either on your payroll or you will need to outsource the responsibility. 4. Lastly, the content. This company relied heavily on company blog they launched as part of this initiative. They also made the commitment to post at least five days a week, sometimes multiple times daily. Later they added white papers, how-to articles and other ‘premium’ content. They had members of their executive team (CEO included) writing posts and several members of the marketing team also became company ‘bloggers’. This is major investment to consider, content doesn't write itself and these resources can be costly. Does this mean you don’t make the commitment to Content Marketing? Absolutely not! It’s an imperative, a best practice and as these results a proven way to grow sales. Go into it with your eyes open, but do it well and your ROI will make it all worth your while.