Marketing Strategy Examples
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Chairman at internationaloetrochemicalco
Types of marketing strategies
Now we understand some of the different marketing terms, it’s time to zone in on marketing strategies and how these work as part of your business plan.
There are numerous different types of marketing strategies you can use depending on your business needs. While we’re not going to cover every marketing strategy type today, these are some of the main ones that you’re likely to come across:
1. Social media marketing strategy?
Today, social media marketing is a huge part of any business’s marketing plan as it’s a hugely compelling way to drive traffic, build brand awareness, and take advantage of the?social selling?revelation that’s taking over online marketing.?
According to recent data, around?54%?of social media users use social platforms to research brands and products, and?89%?of consumers who follow a particular brand will purchase from that brand.?
With these figures, if you’re not utilizing an effective social media marketing strategy, you’re missing out on untold rewards.
2. Email marketing strategy
Anyone who’s ever told you “email is dead” is dead wrong. Capturing your customers’ emails and browsers should be an essential part of your marketing strategy and is an excellent way to continue a conversation with people who have expressed interest in your brand.
There are loads of?email marketing tools?available to help you in this area. However, you still need an effective?email marketing strategy?to produce consistent, compelling emails that convert readers into buyers.?
3. Inbound marketing strategy
An inbound marketing strategy is all about pulling customers in and driving traffic to your website or products. Rather than using “disruptive” marketing techniques (like TV advertising), inbound marketing is about lead generation using people who have shown interest in your products, services, or brand as a whole.
Email marketing?can be a good example of an inbound marketing strategy. If someone has subscribed to your mailing list, chances are they’re at least somewhat interested in what you have to say. This enables you to take a softer approach to your marketing, as these leads are already more likely to become sales.
Another inbound marketing strategy could be blog posts. People will only see blog posts relevant to their search terms and interests, meaning they’ve expressed a need that at least somewhat relates to what you’re selling.
4. Content marketing strategy
A content marketing strategy is likely to overlap with an inbound marketing strategy, but it is more specific. With content marketing strategies, you focus on content creation that will draw people in and build interest.
This is likely to cover blog posts and white papers and can even overlap with your social media marketing.
Effectively, any part of your marketing campaigns that require content will require an effective content marketing strategy.
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5. Editorial strategy
Taking an editorial approach is a particularly vital marketing strategy for advertising companies as it highlights the content formats, workflows, and channels you’ll be utilizing to hit your marketing goals.
It’s similar to the sort of marketing strategies you would expect to see in a news or media organization and can be essential for brand publishers or advertisers to keep their marketing efforts and ideas in focus.
6. Marketing communications strategy
Your marketing communications strategy should be primarily focused on your brand’s message and?value?proposition. It’s all about?how?you’re going to say what you need to say.?
For example, is your tone of voice serious or humorous? Are you marketing yourself as an expert in your industry? What is the message you want to get across?
7. Digital marketing strategy
Digital marketing probably doesn’t need much introduction… This marketing strategy will encompass all your online marketing,?SEO, social media lead generation,?performance?marketing, and more…. Effectively, if it’s online, it should be covered by your digital marketing strategy.?
8. Internal marketing strategy
Although internal marketing will be less vital for SMBs, it can be a vital part of the marketing efforts for large companies. A good example of an internal marketing strategy would be an internal email that lets employees know they’re eligible to become shareholders or asks existing shareholders to support a new initiative.
Internal marketing can also cover more mundane issues, such as keeping staff up to date on any changes to the company, branding, or internal procedures.
9. Public relations strategy
If you’re in business, you’ll probably know how complicated PR strategies can be. Not only does getting PR right ensure you keep your customers happy, but it’s also vital for protecting your brand image in the eyes of your stakeholders, the media, and even governmental bodies or other influential institutions.
Any large business should have a dedicated PR team in charge of the brand’s public image. In addition to protecting it, good PR can also offer invaluable word-of-mouth advertising.
10. SEO strategy
SEO should form part of all the different marketing strategies. Still, you may find it beneficial to have some of your marketing efforts explicitly dedicated to SEO, as this is likely to be your primary source of lead generation.
SEO (or Search Engine Optimization) is pretty much what it says on the tin: the art of using keywords and phrases to boost your visibility when users search for relevant terms on the internet. Getting SEO right is arguably the best way to drive traffic to your website and should be front of mind in all your digital marketing and content marketing strategies.
Naturally, SEO goes beyond just keyword optimization and considers a plethora of other aspects to help you rise on those search engine results pages (SERPs). So, it’s a good idea to have at least one marketing team member dedicated to the latest SEO trends so you can?rank #1 on Google.?