Inbound Marketing: Your Path is Your Power!
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Transcript of 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
• 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
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
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:
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
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
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
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
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.
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
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
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
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
Progression Path
You’re not just taking people on a marketing and product journey, you’re taking them on a relationship journey
Know
LikeTrust
?
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
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
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