Unlock the Hidden Power of Digital Selling: A Step-by-Step Guide for Established Businesses
Margo Mulvihill
Fractional CMO | Digital Marketer with Sales DNA | Data-Driven Sales Funnel Expert | Helping clients with Demand Generation, Social Media Marketing, and Conversion Copywriting | AI Explorer ??
Remember when business was all about handshakes and gut instincts? Well, those days are as extinct as the floppy disk.
Let's face it—the business world is changing rapidly. Without adapting, we risk obsolescence. Digital transformation is not just a buzzword; it's essential for survival and growth in today's market.
Now, I know what you're thinking. "My business has been successful for decades. Why fix what isn't broken?" Trust me, I get it. But here's the thing: what got you here won't necessarily get you there. The digital landscape is reshaping customer connections, and it's time to embrace it.
So, buckle up. We're diving into five pillars that will revolutionise your sales, marketing, and customer engagement strategies. These aren't theories—they're battle-tested methods ready to transform your business.
Table of Contents
1. Digital Lead Generation: The 24/7 Sales Machine
2. Funnel Optimization: Turning Clicks into Customers
3. Content Strategy: Fueling Your Digital Engine
4. LinkedIn for Demand Generation: Your Digital Networking Powerhouse
5. Measuring Success: Embracing Data-Driven Decision Making
1. Digital Lead Generation: Your 24/7 Sales Machine
Remember cold calling? Yeah, let's leave that in the past where it belongs. Today, it's all about the digital sales funnel. Think of it as your tireless sales rep, working around the clock, attracting and nurturing leads while you sleep.
Consider this real-world example: A 30-year-old industrial supply company was struggling to generate new leads. After implementing a digital sales funnel, they saw mind-blowing results:
Ready to create your own lead-generating machine? Here's your action plan:
1. Identify Your Dream Customer: Develop detailed buyer personas. Who are they? What keeps them up at night?
2. Create a Compelling Lead Magnet: Offer something irresistible in exchange for contact info. Think industry reports, free consultations, ROI calculators or exclusive webinars
3. Design a High-Converting Landing Page: Keep it simple and focused on one goal - getting visitors to claim your lead magnet.
4. Set Up an Email Nurture Sequence: Take leads from "just browsing" to "hurry up and take my money!" Guide leads through the buying journey with valuable content and gentle product introductions.
5. Implement Retargeting: Use platforms like LinkedIn and Google to stay top-of-mind and bring leads back to your funnel.
2. Funnel Optimization: Turning Clicks into Customers
Creating a funnel is just the start. To truly excel, you need to optimise based on data and user behaviour. This is where a robust CRM system becomes your secret weapon.
Take this example: A family-run law firm that had been in business for over 40 years implemented a CRM system and uncovered game-changing insights:
Armed with this data, they made targeted optimisations that led to a 25% increase in client conversion rates and a 40% reduction in their average sales cycle.
Ready to optimise your funnel? Here's your action plan:
1. Implement a Robust CRM: Choose one that integrates with your existing tools and provides comprehensive analytics.
2. Track Key Metrics at Each Funnel Stage: Monitor conversion rates, time spent in each stage, and drop-off points.
3. Conduct Regular Funnel Audits: Monthly check-ups keep your funnel in tip-top shape. Look for bottlenecks and opportunities to streamline the process.
4. A/B Test Everything: Continuously test and refine your landing pages, headlines, emails, and CTAs.
5. Personalize the Funnel Experience: Use CRM data to tailor content and offers based on individual behavior and preferences.
3. Content Strategy: Fueling Your Digital Engine
In today's digital landscape, content is king. It's what attracts potential customers, builds trust, and guides leads through the buying process. But creating an effective content strategy can be challenging, especially for established businesses used to traditional marketing methods.
Here's a powerful case study: A 50-year-old manufacturing company was struggling to attract new clients. After implementing a comprehensive content strategy, they saw staggering results:
Ready to fuel your funnel with high-quality content? Here's your action plan:
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1. Define Your Content Goals: What do you want to achieve? Brand awareness? Lead generation? Thought leadership?
2. Understand Your Audience: What questions do they have? What challenges are they facing?
3. Conduct a Content Audit: Evaluate your existing content and identify gaps.
4. Develop a Content Calendar: Plan for consistent creation across various formats (blog posts, videos, infographics). Aim for at least one substantial piece per week.
5. Focus on Quality Over Quantity: Each piece should provide genuine value and showcase your unique expertise.
6. Optimise for Search Engines: Conduct keyword research and optimize your content for discoverability. Because what's the point of creating killer content if no one can find it?
7. Repurpose and Promote: Get more mileage out of your content by repurposing and sharing across multiple channels.
4. LinkedIn for Demand Generation: Your Digital Networking Powerhouse
In the B2B world, LinkedIn has become the go-to platform for professional networking and lead generation. For established businesses looking to expand their digital footprint, it offers unparalleled opportunities to reach decision-makers.
Consider this success story: A 20-year-old enterprise software company was struggling to generate new leads. After implementing a comprehensive LinkedIn strategy, they saw eye-opening results:
Ready to turn LinkedIn into your most powerful demand generation tool? Here's your action plan:
1. Optimise Your Profiles: Both company and personal. Make a strong first impression with compelling "About" sections and high-quality visuals.
2. Develop a LinkedIn-Specific Content Strategy: Share a mix of original content and curated industry insights consistently.
3. Engage Authentically with Your Network: Comment, share, and offer genuine insights to build relationships.
4. Leverage LinkedIn's Advanced Search and Sales Navigator: Use these tools to find and connect with decision-makers in your target industries.
5. Implement a LinkedIn Advertising Strategy: Sponsored content, InMail, and Lead Gen Forms are your new best friends.
6. Train Your Sales Team on Social Selling: Every employee is a potential brand ambassador. Empower them to leverage LinkedIn effectively for relationship-building and lead generation.
5. Measuring Success: Embracing Data-Driven Decision Making
In the digital age, gut instinct isn't enough. To truly excel, we need to embrace data-driven decision making. This means systematically collecting, analysing, and acting on data to improve performance across all aspects of your digital strategy.
Here's a compelling example: A 25-year-old IT services company was struggling to differentiate itself in a crowded market. By implementing a comprehensive data tracking and analysis system, they uncovered game-changing insights that led to:
Ready to implement data-driven decision making in your business? Here's your action plan:
1. Identify Key Performance Indicators (KPIs): What metrics really move the needle for your business?
2. Implement Robust Tracking Systems: Google Analytics, CRM, marketing automation - get your tech stack in order.
3. Establish a Regular Reporting Cadence: Create automated reports and schedule regular team meetings to review performance data.
4. Foster a Data-Driven Culture: Encourage your team to back up ideas with cold, hard facts.
5. Use A/B Testing to Optimize Performance: Continuously test and improve your digital strategies based on real-world results.
6. Leverage Predictive Analytics: Use historical data to forecast future trends and outcomes.
7. Act on Data Insights: Data without action is just a bunch of numbers. Develop action plans based on your findings and regularly review their impact.
The Road Ahead: Your Digital Transformation Journey
Whew! We've covered a lot of ground, haven't we? I know it might feel overwhelming, but remember - digital transformation isn't about abandoning everything that's made your business successful. It's about amplifying your strengths and adapting to changing customer behaviours.
Start small. Choose one area to focus on - perhaps implementing a basic sales funnel or developing a content calendar. Set clear goals, allocate resources, and lead by example in embracing new digital tools and strategies.
The digital landscape will keep evolving. By building a strong foundation now, you'll be prepared to adapt and thrive. Your years of industry experience combined with these new digital strategies will make your business an unstoppable force in the market.
If you ever need a sounding board or some guidance along the way, don't hesitate to reach out. We're all on this digital selling journey together ??
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absolutely. let's dive into the digital era together and stay ahead.