Inbound Marketing: Your Path is Your Power!

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Inbound Lead Generation YOUR PATH IS YOUR SUPERPOWER! Women’s Success Summit VIII Karen Talavera, Synchronicity Marketing November 13, 2013

description

What's the point of generating leads from inbound marketing to your destination if you haven't mapped your ideal client's journey? Understanding your prospect's "consideration path" is the hidden secret to crafting lead nurturing that converts. But the journey doesn't stop there; you also need to define a customer progression plan and product path after conversion.

Transcript of Inbound Marketing: Your Path is Your Power!

Page 1: Inbound Marketing: Your Path is Your Power!

Inbound Lead GenerationYOUR PATH IS YOUR SUPERPOWER!

Women’s Success Summit VIII

Karen Talavera, Synchronicity MarketingNovember 13, 2013

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• Nationally-known email marketing expert, speaker, educator, coach and consultant

• The DMA’s premiere email marketing instructor since 1999

• Member Email Experience Council (EEC), Florida DMA,Solo-Entrepreneur, Only Influencers

• Top 100 Women in Ecommerce 2012 by WE magazine

• President of

– Founded in 2003

– Digital Marketing Training, Coaching & Consulting

– Based in south Florida serving clients worldwide

Meet Karen Talavera

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Your Power Lies in Your Paths

What do I mean by a “path”?

Three kinds of paths

1. Consideration Path – the decision-making journey your prospect takes toward becoming a customer

2. Product Path – the intentional sequence and logical order of products/services to offer

3. Progression Path – the acceleration and relationship-building journey you invite your customers to take with you

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1

• What triggers the consideration process (what sparks interest or need)?

2

• The type of consideration path your product/service fits into

3• What encourages people down the path?

4

• What discourages, stalls or stops them on the path?

All Successful Sales and Marketing Depends On Knowing:

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Do you know which purchase consideration path your customers take – or that your product/service requires?

Craft your marketing to accelerate, enable, or streamline the consideration/buying process along one of these four types of paths

Winding

Long

Long &

Winding

Quick

The 4 Types of Consideration Paths

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Quick Path

Low decision time Low price/investment Little or no comparison-shopping No need to be approved or

qualified Universal or broad market appeal Minimal consensus-building Often a commodity

Examples: Song, book, subscription, food item, office item, restaurant reservation

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Winding Path

Low-to-medium price/investment Medium time investment Often involves comparison-

shopping Requires review of details, specs,

terms, facts, figures, etc. May need approval or qualification Broad market appeal Some consensus-building

Examples: Cell phone, computer, television, business trip, conference/event, insurance, jewelry

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Long Path

Medium-to-high price/investment High time investment or time-to-

complete Requires comparison-shopping Requires review of details, specs,

terms, facts, figures, etc. Often involves approval or

qualification Often consensus-building

Examples: Mortgage, car, financial investment, consulting, weight loss, coaching, many business services

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Long & Winding Path

High price High time investment or time-to-

complete Definite comparison, detail review

and research Usually involves approval or

qualification Often involves changing

circumstances, dependencies or shifts in direction of decision Examples: Home remodel, long-

term business services, annual coaching or mentoring programs, real-estate investing, injury recovery, etc.

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Product Path

After initial purchase, what logically comes next?

Entry Product

Other Product Family

Member

Related Product/Ser

vice

Next Level Product/Ser

vice

Other Product Family

Member

Related Product/Ser

vice

Highest Level

Product/Service

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Product Path Example #1 Cupcakes

Chocolate Cupcake

Strawberry Cupcake

Combo Pack (Volume Discouts)

Frequency Program (Reward Loyalty)

Cupcake Monthly

Subscription

Monthly/Annual Gift

Pack

Corporate Gift Program

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Product Path Example #2 Nutrition Coaching

Initial Health Assessment

Vitamins/Supplements

Custom Diet Plan

90-Day Weight Loss

Coaching Program

Progress Monitoring

Service

Webinar/Education Program

6 Month Optimal Wellness Program

Remember:• Referral points• Renewal points

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Every Product Path Should Have A “problem/solution” sequence Price escalation Commitment escalation Value that increases as price/investment

increases Value that increases proportionately

greater than price Rewards for long-term loyalty and repeat

business Referral opportunities

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Progression Path

You’re not just taking people on a marketing and product journey, you’re taking them on a relationship journey

Know

LikeTrust

?

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Map Your Progression Path

• Low price, involvement, personal contact, value

Entry-Level Product/Service

• Higher price, involvement, personal contact, service level

Intermediate Product/Service

• Highest price, involvement, 1:1 contact, service level

Premium Product/Service

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Interested in More?

Synchronicity Marketing offers no-obligation complimentary Marketing Breakthrough Sessions to qualified businesses

Call or click to schedule yours

What can a free Marketing Breakthrough Session do for you? Create a sense of CLARITY around the

marketing you’d really like to have, the results you’d like it to deliver, and the digital channels right for your business

Uncover the NUMBER ONE thing stopping you, your company or your marketing from getting the results you really want

Identify the most powerful actions that will move you toward ACHIEVEMENT of the digital marketing goals you desire

Call 1-561-967-9665 or visithttp://synchronicitymarketing.com/breakthrough-session-request to schedule yours

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Site & Blog www.SynchronicityMarketing.com

Email: [email protected]

Facebook: www.facebook.com/SynchronicityMarketing

LinkedIn: www.linkedin.com/in/KarenTalavera

Twitter: @SyncMarketing

Phone: 561.967.9665

THANK YOU! QUESTIONS?

Women’s Success Summit VIII