5-Steps To Nurture Your Leads with An Advanced Inbound Marketing Strategy
Apr 20, 2016
10 min read
Inbound marketing is a marketing strategy is where creation of appealing goods and services is done then shared to clients in order to ensure that they come back for more. The goods and services are made attractive by answering to client needs and answering basic questions relayed by customers.
In addition, the firm uses specific marketing tools to attract new customers while creating a channel to maintain a good rapport between the firm and new and existing clients. When all this is done, the firm’s employees focus on creating the right goods while disseminating the correct information about the goods in the long run.
Step 1. Determine Your Offer Mix Inbound marketing
Step 2. Work With Timelines and Goals
Think of having a mix of offer that will have an immediate impact on your target market. In addition, have a timeline so as not to have your offers running for too long hence diluting themselves in your target market. Have a straightforward marketing campaign that will last for less than 3 months. You can also compare with your previous campaigns to see if you have attained your goals and if not so, redirect your efforts to ensure you do not fall too behind your competitors in the industries.
Step 3. Drive Traffic
Use the following:
- Social Media- Post your offers on social media and join in the conversation on other forums. Mix up your content to avoid boredom.
- Blogs- Create a number of blog posts touching on topics related to your campaign covers.
- Pay-Per-Click Ads- This is a perfect way to gain traffic for your offers. Ensure your messages match with the product value in these ads
Step 4. Nurture Your Leads
This is done by providing valuable information to your clients, ensuring that they are nurtured by getting more leads and information related to your goods or services. Emails come in handy when keeping track of clients that click through it hence measure up your conversion rates.
Step 5. Reporting
An Inbound Campaign bears fruit in the long run. One needs to be patient to reap the rewards of the campaign. When you assign an Inbound Marketing agency to carry out your marketing campaign. They will send you monthly reports that will help you gauge the progress and success.
- Number of New Clients- Measure which campaigns were successful in bringing new customers. Compare the current and previous campaigns in order to get the actual metric.
- New Leads- An increased number of leads means that you are gaining entry to a market that you are new to and your campaign strategies were excellent hence attracting new customers to your goods and services.
- Views- Views are important in measuring the conversion rate in order to find out how effective the campaign was to your new market.
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Law Firm Marketing Techniques To Reach Its Target Audience Digitally
Building a high-quality pipeline of leads and acquiring potential clients for your law firm isn’t a walk in the park. It requires days of marketing efforts, strategies, and time. If you want more clients for your law firm and are looking to expand your business, then the internet, as a medium for marketing, could be the perfect place for you to garner a significant amount of exposure and visibility. Having a great online presence can help you in attracting more eyes over the internet to your online business, it helps you to get ahead of your competitors as well. As per the statistics released in 2019 by Georgetown Law, the average revenue growth in the law market was around 5.4%. However, the market size for online legal services in the USA has expanded into a $9 billion industry as of 2020. Many tech-savvy legal experts and marketers predict that the post-pandemic phase, the year 2021 can turn out to be a golden year for online law firms as they predict a market size of $767.1 billion. 2021 will be a crucial year for law firms that exist online, as they must fuel their ignition by working towards website optimization for better search engine rankings and enhancing their online visibility so that they can reach their target audience and can generate more leads. Let’s look at some of the major law firm marketing techniques that can help you to reach your target audience over the internet. 1. Personal Branding Is A Must No matter how easy the internet has made the online search or product/service buying, online users will always remain a bit skeptical about the effectiveness and legitimacy of the product/service providers. Nowadays it’s a matter of seconds for a client to stop over your website and cross-check some information about your previous works, attorneys, or existing law partners. Therefore the law firms must develop their brand name over their social media accounts, Google listings, and other similar platforms. It will help them to reach those clients who have been surfing the internet in search of reliable lawyers. As per a study made in 2020, 76% of lawyers prefer LinkedIn to build their social media presence, 60% prefer Facebook, 37% have Twitter accounts. Your clients want to know the face behind your law firm’s business, so even when they search your name on a search engine, they must see some credible information so that they can trust you. A strong digital presence eases your way of doing business and portrays your firm as a successful one. Building a well-branded presence over platforms like LinkedIn gives a direct statement to your potential clients that your law firm is a prominent one. Make sure you add details like bio, contact details, expertise, e-mail, and a strong CTA. 2. Focus On Local SEO If your law firm exists in New Jersey, it would make no sense for you to target clients that live in Minnesota. Isn’t it? Ignoring local SEO aspects is like throwing darts in a dark room, therefore always initiate your marketing plans by targeting audiences that exist in your firm’s location, target your home crowd first! Did you know 96% of the legal clients look for legal aid through Search Engines? Your local clients are also searching the internet for a law firm like yours, you can acquire all of them through local SEO. Focus on local keywords for your website, make sure to get yourself ranked against those keywords, get your law firm listed in local directories. Heard about NAP? It stands for Name, Address, and Phone, make sure you provide these details on local citations because it will help you in ranking well in local search results. You can also make offline efforts to promote your online website, how? By engaging with local communities at local events, law school, or college events by sharing your knowledge with them in the legal spectrum. All these efforts can help you to drive local organic traffic to your website which will help you in improving your local Search Engine rankings as well. 3. Get Instant Results Using Paid Search Using Google paid search can help you in driving highly-qualified leads instantly. Well strategized Google Ads can turn your website into a lead generating machine because then you’ll be able to advertise directly to those who are looking for a law firm just like yours. It’s one of the best ways to drive targeted traffic to your website. Your Google campaigns can be optimized according to the needs of your audiences so that you can reach highly qualified leads in no time. Your paid ad campaigns must incorporate a dense keyword strategy for the landing pages for a high-quality score with ‘Thankyou pages’ after leads submit their form. You must involve niche-specific long-tail search terms as well. Did you know 72% of legal clients access search engines via smartphones instead of desktops? Therefore, you have to ensure that your website has been optimized for mobile users as well. The Google algorithm might demote and harm SEPRs of those web site’s that aren't mobile-optimized. Therefore, make sure that your law firm's website is mobile responsive, it’ll be easier for your paid ads to drive both mobile and desktop users to your website. 4. Video Content Is The Future We would like to quote an article that was published by Forbes, which said “Video content Will Make Up 82% of Internet Traffic by 2020”. We know that YouTube (owned by Google) is the world’s second-largest search engine after Google. YouTube’s search engine gets 3 Billion searches every month! You might have noticed how several YouTube videos rank way higher than blogs in Google Search results. Have you? According to a study made by American Bar Association, 27% of firms that have a team size of 10-50 lawyers, use video marketing to get more exposure, visibility, and clients. Law firms and lawyers can attract potential clients by building their YouTube channels where they can talk about specific problems, this will help them to attract potential clients organically because they’ll be able to rank higher in the SERPs. You can treat your videos as a smart Call-To-Action for your viewers. You can link your YouTube videos on your website’s homepage, it’ll allow your visitors to know more about your firm, and they'll feel a connection. Linking these videos on your homepage will also encourage them to share their emails because it might make your video content relevant which makes them think that your firm is a trustworthy one. 5. Publish High-Quality Content Publishing high-quality, relatable, and relevant content on your website blogs can attract online readers who might be studying the same industry. You can provide useful information or articles to your readers that can be about recent amendments in your judicial system, your successful cases, answers to their search queries, etc. It will help you in driving potential customers to your website. Always emphasize on publishing high-quality blogs rather than a bundle of poorly written pieces. The same goes for social media platforms like LinkedIn or Facebook. When you publish your opinions, videos, comments, and posts on such platforms it generates a sense of trust among your visitors. Choose one such platform that helps you to fetch more views, shares, and comments. According to a report published by Law Technology Today, in 2019, 70% of the law firms got new clients through their company's website. So it’s highly advised that you should optimize and update your website content. Make sure that your website design is attractive, every page is readable and engaging enough for a visitor so that he or she spends more time on the website. 6. Use Social Media Promotions Once you have optimized your website design, content, and other technicalities, you shouldn’t wait or just rely on your website blogs. If you have spent a significant amount of money as well as time on building your website then you shouldn’t ignore the power of social media promotions. Promote your blogs on various social media platforms like LinkedIn, Facebook, etc. Many marketers reveal that 80% of their social media leads are derived from LinkedIn. LinkedIn is 277% more effective Facebook lead generation! Promote your content through Linkedin Ads, it’ll expose your content to a much wider audience that will help you in driving loads of traffic to your website. Social media promotions or sponsored posts are meant to provide great exposure because you are exposed to a wider audience which helps you in grabbing the attention of a large audience at once. Remember, the most popular marketing channels, among all types of firms are LinkedIn (42%), Email (41%), and Facebook (33%). 7. Have A Solid Online Reputation How do you judge whether a restaurant is decent enough to have dinner at? Simply by looking at their reviews, right? This works similarly for the legal firms as well that exist over the internet, therefore you must manage your online reviews. You must encourage your previous clients to post their reviews or feedback on your attorney’s performance on review sites like Google+, Yelp, etc. Customer reviews play a huge role in influencing the purchase intent of your potential buyers. The moment a user reads all your positive reviews, he or she steps into the first phase of conversion where they find your firm reliable and therefore click on your link to check your website. 93% of online customers go through online reviews before investing in a product or a service. Make sure you reply to your online reviews, it doesn’t matter whether they are good or bad, the motive is to make every reviewer feel valued. You can address or resolve their queries, and can even make a disappointed client feel happier by assuring him or her an excellent service ahead in the future. Add client testimonials on your homepage as they help you in converting new visitors into high-value clients. Conclusion Online business is a very competitive sport, and when we talk about the legal industry, it is as furious as any other online business. To garner a large client base, you need to work actively behind optimizing your website and devote time to online marketing. Every lawyer or law firm whose website exists online must keep an eye on the latest industry trends. Today, individuals who want to seek legal aid are looking for law firms that can provide them valuable information as well as relevant content so that they can trust them. In 2020, 65% of law firms had spent their majority chunk of marketing budgets on online marketing (as per the data provided by Clio), why so? The reason is simple - 'Most of your potential clients are on the internet. Nowadays when people spend so much time over the internet and on their smartphones, nobody has the time to open their phonebooks or catalogs. They'll rather find hundreds of law firms in a single click. So law firms must have a robust online presence to attract potential clients to their website. If you are a law firm, young, budding, or old, you must make use of the internet to attract more clients. Our experts at Saffron Edge offer the best legal marketing services to grow your legal business to new heights. Contact us today to know more! ...
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Revolutionizing the Buyer's Journey: The Importance of Marketing Automation
Customers need nothing less than a flawless and trouble-free purchasing experience in today's fast-paced environment. Customers want to feel powerful, engaged, and in control from the moment they learn about a product to the moment they make a purchase and beyond. Businesses are under increasing pressure to meet these expectations as online shopping and e-commerce grow or risk losing clients to rivals who can. Along comes automation, the customer journey's superhero. Automation may help businesses create a better customer experience, decrease errors, save time and money, and ultimately improve revenue by leveraging technology and software to optimize and automate key purchasing-related operations. Automation can make every step of the customer journey easier, quicker, and more productive, from customized promos to lightning-fast deliveries, from round-the-clock assistance to hassle-free returns. Automation, however, is a requirement, not just a fancy feature. Businesses that don't stay up with the most recent trends and technologies run the risk of slipping behind in a world where customers have more options than ever. Automation is becoming a must for companies of all sizes and sectors if they want to stay competitive and satisfy their consumers' changing expectations. It is no longer just a luxury for big organizations with significant wallets. Thus, if you're still managing your customer experience using manual processes and antiquated technology, it's time to think about the advantages of automation. In this piece, we'll examine the primary ways that automation may change the customer experience and why it's critical to use this potent tool now more than ever. Prepare to meet automation, the customer journey's superhero! What is a Buyer’s Journey? Before we begin to understand why automation in a buyer’s journey is so important, let’s break down what a buyer’s journey consists of. A buyer's journey refers to the series of stages that a potential customer goes through when making a purchase decision. It's the process of awareness, consideration, and decision that a buyer undergoes before purchasing. Awareness: More often than not, you should be able to anticipate what will happen next. For instance, you can expect that presenting consumers who are browsing a certain product page with comparable products will enhance conversions if you discover that they convert more frequently. Consideration: The step of consideration is up next. Here, the buyer is acting as a detective, looking into all of the options before making a choice. It's comparable to shopping for a new phone and devoting hours to reading reviews, comparing features, and determining your budget. The only difference is that the purchaser is using your good or service. At this point, you must arm them with all the knowledge necessary to decide wisely. Moreover, don't be scared to brag a little. Consider it like a job interview; you want to stand out by highlighting your successes and strengths. But keep in mind that we're currently conducting research, so no sales pitches are permitted just yet. Decision: The Deciding phase is the final stop on our journey. At this point, the customer has finally whittled down his or her choices and is prepared to buy. It's like selecting between two equally adorable pups, but only one has the better personality (and a lower price tag). Here is where you want to stand out from the crowd and make your brand memorable. Explain to them why you're the greatest option and eliminate any obstacles that might hinder their purchase. What is Marketing Automation? Marketing automation uses technology and software to automate time-consuming marketing jobs and procedures. This can involve activities like lead creation, consumer segmentation, social media management, and email marketing. By implementing marketing automation, businesses can streamline their marketing initiatives and boost efficiency, effectiveness, and ROI. Marketing automation aims to automate and streamline marketing procedures so that firms may concentrate on higher-value duties like planning and analysis. Businesses may boost lead generation and conversion rates, client engagement and loyalty, and eventually revenue development by utilizing marketing automation. Now let’s unpack these benefits in extensive detail. Why do you need Automation in your Buyer’s Journey? For companies aiming to boost their marketing efforts and improve the customer experience, marketing automation offers a number of advantages. The following are some of the main advantages of marketing automation: Lead Generation and Nurturing It might be hard for a business owner to keep track of every prospective client and make sure that they all get individual attention. Although lead nurturing is an essential step in the sales process, it can take a lot of time and effort. Thankfully, automated marketing can simplify your work. Building and keeping up a relationship with potential clients is the key objective of lead nurturing. It is crucial to gain their confidence and consent to offer them information about your company. Yet, it can be challenging to manually keep track of every lead, particularly as your organization expands. Marketing automation can help with that. You may quickly group and target potential clients with pertinent messaging by employing automated processes. For instance, you can divide your email list into several groups based on your customers' purchasing patterns, search histories, or regions. By doing so, you can tailor your communications to each lead's specific needs and give the most pertinent content. The Scope of Personalization In a world where there are multiple replacements for a product or service, what truly sets a brand apart is the level of effort they are willing to put into the personalization of the process. Consumers desire a customized experience that demonstrates your appreciation for their presence. It can be challenging for business owners to meet the needs of personalized customer service. Automated marketing can help with that, though. You can effectively and efficiently customize the consumer journey with automated marketing. You can determine your consumers' wants and preferences by using data and analytics. You can then utilize that knowledge to send them messages specifically tailored to their interests. This level of personalization fosters a close bond between your brand and your audience. One of the key advantages of automated marketing is the ability to contact the correct customer with the appropriate content at the appropriate moment. For instance, you can utilize automated email campaigns to deliver clients personalized messages based on their online activity or past purchases. In addition to enhancing the consumer experience, this raises the possibility of conversion and recurring business. To encourage client loyalty and keep their business, you must provide personalized customer service. You may give your consumers the individualized service they demand while also saving up time for other crucial facets of your business by implementing automated marketing. Better Customer Relationships Increase your prospective consumer base and improve interactions with current clients by using marketing automation. Building trust and loyalty with your customers requires regular, targeted communication. By segmenting your consumer base according to their tastes and interests, you can offer personalized messages that meet their requirements. For instance, you may send a consumer personalised advertising and informational materials about a product they've expressed interest in. Moreover, automation enables you to monitor consumer interactions and actions, including website visits, social media participation, and email openings. You may use this information to improve your understanding of the tastes and demands of your clients and modify your communication approach as necessary. You can build a devoted customer base for your company, increase customer retention, and enhance your brand reputation by automating the improvement of your customer interactions. Omnichannel Presence Given the increasing popularity of social media and online platforms, businesses must be able to interact with clients in a variety of ways. Thanks to marketing automation software, businesses may communicate with clients via various channels, including social media, websites, email, and more. Managing several channels at once is simpler when automation is used to engage with clients. You can expedite your efforts by using automated procedures as opposed to manually updating each channel. This provides consistency across channels while also saving time. Automation also enables you to monitor how consumers interact with your business across various channels. Your plan can be adjusted based on the channels most successfully reach and interact with your target audience. Additionally, this information may be utilized to better target and tailor each channel's messaging, enhancing the entire consumer experience. Regardless of the channel, marketing automation generally enables organizations to communicate with clients in a timely, pertinent, and efficient manner. Businesses can streamline their marketing initiatives, boost productivity, and ultimately provide better outcomes using automation technology. In Conclusion Marketing automation is a potent instrument that simplifies business processes and enhances client satisfaction. Businesses may improve their consumers' purchase experiences by automating tedious operations, nurturing leads, customizing customer care, and connecting across numerous channels. Consider working with Saffron Edge if you want to develop marketing automation for your company. We provide marketing automation solutions as a digital marketing firm that can assist in growing your company. Get in touch immediately to learn more about us and how we can help you enhance your buyer's journey. ...
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Learn how to do marketing automation for financial services
Finance is one of the industries that can easily adopt AI. The industry handles much data, customer relations, and day-to-day trends. Adopting automation tools and strategies changes how financial businesses operate and engage with clients as technology advances. This blog explores how financial services businesses leverage automation for growth, focusing on key areas such as email and SMS marketing, landing page optimization, reporting and analysis, and more. What is marketing automation for financial services? Marketing automation in financial services refers to using technology to streamline and enhance marketing processes, enabling financial institutions to engage with customers more effectively and efficiently. This approach is increasingly important as financial organizations seek to improve customer experiences, drive growth, and maintain compliance with industry regulations. Marketing automation transforms how financial services engage with clients by enabling personalized interactions, improving operational efficiency, and ensuring regulation compliance. Leveraging these technologies will be essential for financial institutions aiming to thrive in a highly competitive market. The Role of Automation in Financial Services Automation in financial services extends far beyond simply replacing manual tasks. It involves transforming operational processes, customer interactions, and strategic decision-making. By integrating automation into their workflows, companies can achieve remarkable efficiency gains, reduce operational costs, and provide a positive overall client experience. Adopting automation is particularly relevant in an industry where data management, compliance, and customer service are critical. Financial services businesses increasingly rely on automation to handle large volumes of data, ensure regulatory compliance, and provide personalized client interactions. This shift helps these businesses grow because employees can now dedicate their time to important activities instead of being bogged down by routine tasks. Examples of Marketing Automation for Finance Businesses 1. Email and SMS Marketing SMS and email marketing automation are critical to financial services marketing. Automation tools can help manage campaigns, target audiences, and customize messages. Examples of Email Marketing Automation: Triggered Emails: Automated responses based on user actions, such as welcome emails, account updates, and reminders. Drip Campaigns: Sequential emails sent over time to nurture leads and engage customers. Examples of SMS Marketing Automation: Transaction Alerts: Automated notifications for account activities, fraud alerts, and payment confirmations. Promotional Messages: Timely offers and updates sent via SMS to keep customers informed. 2. Optimizing Landing Pages for Targeted Conversions Landing pages are essential in any digital marketing campaign, especially for financial services firms that want to convert visitors into leads or customers. Automation can improve landing pages by allowing companies to create and manage them better. Marketing automation services allow you to design landing pages tailored to specific audiences and campaigns. Automation tools can analyze visitor behavior and dynamically adjust the content of landing pages to better align with user interests and preferences. Example: A bank looking to promote a new investment product can use automated landing page tools to create targeted pages for different customer segments. By leveraging visitor behavior and engagement data, the bank can present personalized offers and content that resonate with each segment, ultimately increasing conversion rates. 3. Reporting and Analysis Reporting and analysis are fundamental to understanding business performance and making informed decisions. However, traditional reporting methods can be time-consuming and prone to errors. Automation is revolutionizing this aspect of financial services by providing more accurate and timely insights. AI-driven automation tools can quickly analyze vast amounts of data, generating reports highlighting key trends, opportunities, and risks. This reduces the time spent on manual data processing and improves the quality of insights available to financial professionals. Example: Financial companies can use AI-powered analytics tools to monitor market trends, track client behavior, and assess the performance of marketing campaigns. These tools can generate real-time reports that help businesses make data-driven decisions and adjust their strategies accordingly. Let’s break through your revenue hurdles We find your primary growth blockers, build expert-led strategies, and provide custom data-driven solutions to help you hit your revenue goals. Set up a 1:1 strategy call Companies Already Using Marketing Automation for Financial Services Several financial services companies have successfully implemented marketing automation to drive growth and improve efficiency. Here are a few examples: 1. Market Financial Solutions (MFS) With the help of HubSpot’s CRM system, MFS improved its marketing approach through automation. Automated email and audience segmentation increased the open rates of the emails by 10% and the number of inquiries by 30%. These results highlight the impact of marketing automation for financial advisors and services in improving client engagement and lead generation. 2. CSB Group Specializing in fraud detection, CSB Group leverages AI to analyze data and identify potential risks. Using AI in automation has improved CSB Group's ability to make accurate risk assessments and projections to avoid possible threats. 3. Mercian Accountants With the help of QuickBooks AI, Mercian Accountants has streamlined its bookkeeping processes. The routine tasks were automated to increase efficiency and improve the quality of client interactions, proving that automation is helpful in accounting and financial services. 4. Subscription Stopper Subscription Stopper’s founder utilizes machine learning algorithms to manage recurring subscriptions and analyze user behavior. The insights provided by AI-driven automation help users track and optimize their spending, showcasing the versatility of automation tools in financial management. Top 5 tools for marketing automation for financial services Here are some essential tools for automating various aspects of financial services: 1. HubSpot’s Marketing Automation Software This platform offers all-in-one solutions for email marketing, audience segmentation, and campaign management. It helps marketing automation experts assist financial services businesses in developing and implementing tailored and compelling marketing messages for the target audience. 2. QuickBooks AI This tool is ideal for streamlining bookkeeping and accounting tasks; QuickBooks AI integrates with existing systems to provide real-time insights and improve financial management accuracy. 3. AlphaSense Another powerful tool known for its AI-based analytics feature, AlphaSense assists financial experts in tracking the latest market information. The tool’s ability to summarize and analyze data facilitates more informed decision-making. 4. Chatbots Popular in customer relations, chatbots answer clients' questions instantly and perform essential functions. Using chatbots in CRM and marketing automation systems improves the client experience and support. 5. Algoriz This tool specializes in algorithmic trading, using historical and real-time data to develop and test trading strategies. Automation in trading helps finance businesses optimize their strategies and respond more effectively to market changes. Conclusion Automation transforms the financial services industry by enhancing efficiency, improving customer engagement, and driving growth. Industry experts generally agree that finance businesses should keep up with trends and invest time and money in AI and automation. However, they advise approaching this cautiously, starting slowly and gradually scaling up automation. If you are a business offering financial services and want to leverage the power of automation, Saffron Edge can help. Our marketing automation and CRM integration expertise can drive your growth and optimize your operations Contact us today to learn how we can help you leverage automation for your business success. ...
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