Newspaper headlines have declared the British decision to exit the European Union ‘The ‘Brexit crisis’. Already, there has been a noticeable crystallisation of the risks that were alluded to during the referendum campaign: exchange rate volatility, weakening investment, and increased business uncertainty. The future for businesses both large and small, already trading internationally, has significantly altered as a result of ‘Brexit’. The greatest risk for businesses following the decision is that the current uncertainty becomes an excuse for procrastination. It is vital for businesses to take the initiative and proactively plan for the challenges that lie ahead in order to prosper in a changeable economic situation.
Technology and professional services organisations have a core competence around specific fields of expertise. While the supporting areas of Finance, HR, IT and marketing are essential to every business they are not a core competence. In our latest viewpoint, we ask what the right marketing model is for these businesses.
We are pleased to formally launch a valuable service to help B2B firms generate more business leads from the website. Nurture Web Leads is a hosted service that works in a similar way to Google Analytics, but instead of just providing statistics on web visitors it actually identifies who the company is that is visiting your website! This provides you with the opportunity to proactively target your web visitors with relevant content and messages.
Through our Lead Generation Workshops we have met almost 100 businesses keen to turn an aspiration to grow into a reality. Lead Generation is consistently regarded as the engine that can drive this growth. So why are some businesses really successful in Lead Generation and some not?
In truth, there are different contributory factors for different businesses but these can all be summed up in one word – execution. Those that have been successful have embraced the structure we shared and executed this well within their business. In one of our most successful examples a client more than doubled their customer base and increased sales by 30% within 12 months. That perfectly highlights
For many of us the new financial year starts in April and in the period January to March we turn our attention to business planning. How many of us look back and really scrutinise the previous year and use the learnings to influence our future plans? Instead, it is not uncommon for Senior Managers to start their planning with the same spreadsheet from the previous year and just edit some of the numbers. This particularly seems to be the case for Marketing Budgets. I have lost count of the number of times a client has significant spends allocated to Exhibitions or Conferences on the basis that “we always attend that one”. Inevitably we ask the question why and what was achieved on the back of that investment. Frequently, the reality is the investment is habitual rather than rational or emotional.
Marketing spend Vs value
This is just part of a bigger question, which is; are we getting value for our marketing spend?