Critically Analyze Your Web Metrics

One of the biggest advantages to improving online marketing is the fact that data is instantly available to inform decisions.  However, sometimes data gets oversimplified and provides false “insight”.

Recently a client expressed concern that the referring links from their social media platforms was too low.  It was true that only a small fraction (about 2%) of their traffic was generated from their social profiles according to the website analytics.  The requested action was to get more posts on the social profiles to generate more clicks.

On the surface that seems like a reasonable response.  More activity will result in more traffic.  However, it was actually a misassignment of data and a lack of critically analyzing the data.  Most of their social posts either had no links or were linking to a blog not hosted on their website.  Increasing posts would likely have no effect on links back to the website because the posts were not set up to link to the website.

So instead of arbitrarily making posts, we focused on linking content back to the website by ensuring that at least half of the social posts included a link to the website.  At the end of the month, we had a more realistic figure on social engagement with about 15% of traffic coming from social platforms.

Misaligning web analytics is where “best practices” become a liability.  For example, a common best practice is that bounces are bad and they should be as low as possible.  That typically is true. But what if a page is promoting a social media contest with a link to your LinkedIn page?  If the page is effective, most of that pages traffic will show as a bounce.  So rather than looking at the page and saying, “it’s performing poorly”, some tracking from the site to the LinkedIn post need applied to find how many people moved on to the offer and how many left.

Avoid oversimplifying your web analytics.  A lot of “best practices” regularly get applied across the board with no critical thinking.  This typically results in wasted effort or negative impacts to marketing campaigns, or both.

Business to Business (B to B) Social Media

There tends to be two extremes to opinions on social media in the business to business marketing world.

The one extreme is that it’s the same as any other business.  Put in the effort and you’ll see the same result as any other business.

The other extreme is that it’s not a good medium for business marketing.  Avoid the time suck that social media entails.

As with most things, the truth is somewhere in the middle. Social media can be a valuable marketing channel for trainers, consultants and professional coaches if they offer valuable content while driving clients and prospects to relevant calls to action.  Here are just a few key differences for business to business social media pages:

LinkedIn is the Heavyweight

LinkedIn is a social media site tailor made for business.  People on the site expect to see professional topics. It’s perfect for a B to B environment.  Provide relevant posts to your targeted contacts or groups in LinkedIn and business opportunities will come from it.  LinkedIn tends to outperform other social media sites by 300% for having people click a business to business call to action.

Quality of Contacts Trumps Quantity

Many social media marketing stats revolve around how many people like your page or follow your posts.  For B to B this can be a false metric.  A better metric is analyzing the quality of your social network.  If you are a sales trainer your network should be full of sales people, sales managers, and executives.  If you find that most of your contacts are not business related or the wrong demographic then you need to refocus and restructure your social media marketing campaigns.

Don’t Expect Overly Emotional Interactions

While you might have a big fan that can’t wait to tell the world how they didn’t know what business was before meeting you, those will be few and far between.  Emotion will get toned down.  Rather look for interactions and comments that highlight the business advantages to what you offer.  A sales trainer might get something like, “My revenues increased by 50% and the average time to complete a sale decreased by three months.” This doesn’t speak to how much a client loves their consultant personally but it’s a powerful comment that will get the attention of your target audience.

Always Have an Obvious Call to Action

Every post should include a next step, even if it’s an obvious one.  If you post an article the next step is clicking to read it.  If you post a video then the next step is clicking to see it.  If you have an event the registration link should be obvious.  etc.  Your call to action might have a follow on call to action but the first step should be a no-brainer.  There isn’t a lot of room for random asides in B to B social media posting.  Have a point, make a point, and provide a next step that supports that point.
Of course there are other differences but these are some starters to get a true sense of how B to B social media can be profitable.

Business to Business (B to B) Social Media

There tends to be two extremes to opinions on social media in the business to business marketing world. 

The one extreme is that it’s the same as any other business.  Put in the effort and you’ll see the same result as any other business.

The other extreme is that it’s not a good medium for business marketing.  Avoid the time suck that social media entails.

As with most things, the truth is somewhere in the middle. Social media can be a valuable marketing channel for trainers, consultants and professional coaches if they offer valuable content while driving clients and prospects to relevant calls to action.  Here are just a few key differences for business to business social media pages:

LinkedIn is the Heavyweight
LinkedIn is a social media site tailor made for business.  People on the site expect to see professional topics. It’s perfect for a B to B environment.  Provide relevant posts to your targeted contacts or groups in LinkedIn and business opportunities will come from it.  LinkedIn tends to outperform other social media sites by 300% for having people click a business to business call to action.

Quality of Contacts Trumps Quantity
Many social media marketing stats revolve around how many people like your page or follow your posts.  For B to B this can be a false metric.  A better metric is analyzing the quality of your social network.  If you are a sales trainer your network should be full of sales people, sales managers, and executives.  If you find that most of your contacts are not business related or the wrong demographic then you need to refocus and restructure your social media marketing campaigns.

Don’t Expect Overly Emotional Interactions
While you might have a big fan that can’t wait to tell the world how they didn’t know what business was before meeting you, those will be few and far between.  Emotion will get toned down.  Rather look for interactions and comments that highlight the business advantages to what you offer.  A sales trainer might get something like, “My revenues increased by 50% and the average time to complete a sale decreased by three months.” This doesn’t speak to how much a client loves their consultant personally but it’s a powerful comment that will get the attention of your target audience.

Always Have an Obvious Call to Action
Every post should include a next step, even if it’s an obvious one.  If you post an article the next step is clicking to read it.  If you post a video then the next step is clicking to see it.  If you have an event the registration link should be obvious.  etc.  Your call to action might have a follow on call to action but the first step should be a no brainer.  There isn’t a lot of room for random asides in B to B social media posting.  Have a point, make a point, and provide a next step that supports that point.

Of course there are other differences but these are some starters to get a true sense of how B to B social media can be profitable.

B-to-B Online Marketing Around the Holidays

As the holiday season grows closer, many of us associate it with the busiest shopping season of the year.  But for B-to-B the inverse is often true.   While consumer shopping spikes business to business transactions often lag.  Consultants, trainers, and professional coaches need to modify some of their online marketing plans to account for the decreased activity without abandoning the time period as a lost cause.

There are two bad plans for your B-to-B marketing over the holiday period (late November through the early part of January in the US).

The first is pretending the time of year does not matter.  While you’ll want to schedule any informative content that you regularly provide, sales or offer emails are unlikely to convert well.  For example, if you run a monthly event to find new opportunities, it’s likely that registrations will suffer.  Instead of forcing your regular events an alternative “gift” incentive might be more appropriate.  For example, offer a free whitepaper download or training webinar as a thank you to people that subscribe to your email newsletter.  Make the offer simple to redeem.  Prospects don’t even need to leave their office to take advantage of either example.  The holiday period is a challenging time to get people to take advantage of more elaborate or expensive offerings, so find ways of providing simple value add incentives.

The second bad plan is giving up the holidays as a lost cause.  This plan abandons regular communications because “no one’s paying attention now.”  Your regular informative emails or newsletters are a given.  If you publish monthly or bi-weekly, then you need to meet that expectation.  True, rates will likely be somewhat lower but being consistent with your offer assures your audiences that you will deliver on your commitment.  Furthermore, this time frame is not a total lost cause for B-to-B.  Some businesses might have put off a decision until the end of the year.  If their budgeting cycle will reset, they might be primed to close a deal with a consultant, trainer, or professional coach.  Keeping your online marketing churning through this time period provides an opportunity to stay top of mind with prospects and clients.

Take the holidays into account for your online and email marketing.  It’s not the boom time that consumer businesses experience but it can be fruitful none the less.