Search Results for: insight

ABM As In Account-Based Marketing Fails

Peter · April 21, 2023 · Leave a Comment

Account-Based Marketing Anti-Failure

I help my advertising and marketing agency clients build effective ABM – Account-Based Marketing programs. I’ve seen some failures over the years and want to share my thoughts on failure over the next few newsletters. Here is a quick list:

You cannot build your best prospect list because you haven’t accessed the right information and data. As a result, your target list is too broad and undefined.
You do not personalize your outreach content.
Your marketing and sales teams are not aligned.
You do not give your ABM programs the time to become effective. This isn’t usually an overnight/one-time hit tactic. As in, your sales cycles might be too short for pure ABM, and worse you are way too impatient.
You do not have an efficient, smart, hard-to-resist thought leadership program. Plus, you might not be sending unignorable content out into the world. Be not boring.
You haven’t allocated the right budget for your Account-Based Marketing efforts. There are staff, design, and marketing costs. Plan well.

ABM works if you have a solid plan. Full stop.

More ABM Insights

I will riff on these fails. soon.

The Six Best Books On Branding

Peter · March 26, 2023 · 3 Comments

The Art Of Branding Delivered By The Six Best Books On Branding

Here is my list of the top six books on branding. But, first, some words from my soon-to-be-released new book on how to run a KICK-ASS advertising agency. One of the first subjects I tackle is the importance of branding, as in having a stand-out brand positioning that will make the agency unignorable.

It’s An Agency Positioning Jungle Out There

It’s an advertising, digital, design, branding, experiential, social, influencer, SEO, SEM, PR, e-commerce agency jungle out there. Imagine a client trying to find the right-fit agency resource to work with. I’ve been a client that bought agency services. It isn’t an easy decision.

There are a lot of options. When I do a Google search on “advertising agency,” I get 17.8 million results. When I search “digital agency,” I get 20.3 million. “Media agency” yields 11.6 million.

Want even more potentially head-spinning numbers? IBISWorld reported that there are 7,865 businesses in the digital advertising agency industry. Clutch’s database of advertising agencies lists 9,295 for New York, 2,552 for the UK, 272 for the United Arab Emirates, 1,095 in London, UK, and, get this, 105 in London, Ohio. Ohio!

Yikes.

Regardless of what number you find and how you search, there are a lot of marketing service options for a client to choose from.

The Path to Standing Out Is To Have A Kick-Ass Brand. Get Your Branding Right.

Branding ala brand positioning is a radically important element of marketing that involves creating a unique image and identity for a brand. This is how consumers/clients will think about you. In our highly competitive business universe, superior brand positioning can make all the difference between success and failure. Whether you are a marketer, entrepreneur, or business owner, understanding brand positioning is crucial for achieving long-term growth and profitability.

To help you master your brand positioning, I put together a list of the best books on the subject.

These books offer valuable insights and practical strategies for creating and maintaining a strong brand identity that resonates with your target audience. Each of these books will help to make your company, advertising agency, even you = unignorable.

“Positioning: The Battle for Your Mind” by Al Ries and Jack Trout – This classic book is widely regarded as the definitive guide to brand positioning. It offers a comprehensive overview of the principles and strategies involved in creating a strong brand identity and differentiating your brand from competitors.

“Purple Cow” by Seth Godin. I tell all of my advertising agency clients that they have a choice in their business development program. Be unignorable or be ignored. Read Seth’s book… “The cult classic that revolutionized marketing by teaching businesses that you’re either remarkable or invisible.”

“Building a StoryBrand” by Donald Miller. This book provides a step-by-step guide for creating a compelling brand story that resonates with customers. It offers practical advice for developing a clear and concise message that communicates the unique value proposition of your brand.

“Brand Identity Breakthrough” by Gregory V. Diehl. This book offers a fresh perspective on brand positioning by focusing on the importance of authenticity and personal branding. It provides a framework for building a brand that reflects your core values and resonates with your target audience.

Marketing Solopreneur: #2 Ann Handley

Peter · March 8, 2023 · Leave a Comment

1) Insights from a serious thinker/doer = solopreneur that will help you grow your business.

2) An alternative career path roadmap. No mas working for the “man”. Even if that man/woman/person is you, as in someone that runs a marketing agency.

#1 guru was Dan Koe.

Today’s #2 solopreneur is @Ann Handley

I’ve been reading Ann’s work, books, blog posts, and newsletter for years. Her blog, in particular, is a great example of delivering high-value, actionable thinking and an example of how to write for the SEO universe. Look at her titles. Sign up for her newsletter.

Ann’s power followers: 459K on LinkedIn and 27K on Instagram. Way more than most socially active advertising agencies.

Her books, Everybody Writes (from Ann’s Amazon page – A hands-on field guide to consistently creating page-turning content that your audience loves. And that delivers real results.), and Content Rules nail their promise.

Need more? Her company, MarketinProfs, is a marketing training and education company with more than 600,000 subscribers.

From Ann’s solopreneur website:

“Ann Handley is a writer, digital marketing pioneer, and Wall Street Journal best-selling author who inspires and empowers you to create marketing that your customers will love, igniting real results for your business.

Ann Handley writes and speaks about how businesses can escape marketing mediocrity to achieve tangible results.

And she will inspire you to do work you’re proud of.”

Four Things For You To Do – Now

Watch for future newsletters to scope out even more inspiring solopreneurs.
Pass this blog and newsletter on to your friends. Especially marketing agency people looking for their next move.
Tell Ann that you dig her work – https://www.linkedin.com/in/annhandley
Go here to read my series of 850+ blog posts.

A Series On The Marketing Solopreneur: #1 Dan Koe

Peter · March 6, 2023 · Leave a Comment

I am doing a series on the world of the solopreneur that offers two things.

1) Insights from a serious thinker/doer that will help you grow your business. I am talking solopreneur.

2) An alternative career path roadmap. No working for the “man”. Even if that man/woman/person is you, as in someone that runs a marketing agency.

Definition…According to Merriam-Webster, a solopreneur is “one who organizes, manages, and assumes the risks of a business or enterprise without the help of a partner.”

#1 solopreneur is the design guru Dan Koe. He delivers courses +

Dan offers courses on writing, productization, and a Modern Mastery system. These range from $150 to $999. He makes a lot of money. I am considering the book course even though I am now completing my fourth book and am outlining my fifth. Never too late to tap into someone else’s experience. Factoid… Dan has 75K followers on LinkedIn. 295K Twitter followers. 223K YouTube subs. 1.2 million Instagram peeps. Yikes!

From Dan’s website – a very cool website by the way:

Hey, I’m Dan.

I’m a brand advisor for 6-7 figure creators and influencers.

I’m the guy they come to when they want to go from starving artist to a highly-paid and authentic creator. No fancy sales funnels and pushy marketing in this household.

I help them systemize their workflow, marketing, and content so they can work for 2 hours a day, charge more, and sell their products & services without manual effort.

As a freelancer turned consultant turned creator, I’ve developed effective systems with time, skin in the game, and experience with 4000+ students and clients.

Four Things For You To Do

Sign up for future newsletters to scope out even more interesting and way active solopreneur thinker/doers.
Pass this newsletter on to your friends.
Tell Dan you love him. -> LinkedIn
Go here to read my series of 850+ blog posts.

Advertising Agency Thought Leadership Distributition

Peter · January 3, 2023 · 9 Comments

How To Distribute Powerful Advertising Agency Thought Leadership

I am writing a new book about how to build and run a highly profitable advertising agency. Chapters of the book cover the art and science of developing impossible-to-resist, as in unignorable, thought leadership as an account-based marketing and inbound tool. Here is a quick list of advertising agency thought leadership distribution platforms. You can see more advertising agency resources right here.

Note that anything you produce can be efficiently sliced and diced and put on other platforms. Think content amplification.

13 Advertising Agency Thought Leadership Distribution Platforms

Your website. In a blog post or via a downloadable white paper, webinar offer, or podcast page. The advantage of a PDF offer is that you can ask the interested party for their contact information. Gently, please.
Your company newsletter. Build the list via website offers and gentle outreach. I’ve employed contractors in the Philippines to help build mailing lists.
LinkedIn. Three basic opportunities: 1) Post on LinkedIn (note that LinkedIn loves video). 2) Put your thinking in LinkedIn groups (for example I am a member of Digital Marketing – 2 million members). 3) Use LinkedIn Navigator to make direct connections.
Publish a LinkedIn newsletter. Your connections and followers will be invited to subscribe, and LinkedIn will alert your network whenever you publish new editions.
TikTok. TikTok has become a new gen search engine. It is currently an underutilized ad agency universe.
Video platforms. Australia’s Tiny Hunter agency has over 210 videos. They tell me that the videos help them close deals with the right new clients (right is the operative word), client types that spend time watching Tiny Hunter’s advice. The agency’s founders are more about closing the deal than racking up huge indiscriminate view numbers.
Audio platforms. Build and distribute your own podcast then transcribe it into bite-sized content and roll it out.
Leverage OPA = Other People’s Audience. Guest blog. Guest podcast. Why work to build an audience when you can borrow it?
Paper: Zines and, yes, old-fashioned letters. Hmm, or a targeted very cool (has to be cool) postcard series. So, 1986. However, so 2023 clutter busting. Paper breaks through
Write a book. Both paper and digital. The ultimate proof of expertise. Go self-published. There is no need for a time-consuming traditional publisher to write that B2B book.
Advertising. You use advertising to generate awareness for your clients, right? See What LONDON Advertising did.
Conferences. Go where your next client hangs out. Give that insight talk and make friends. Hand out that book.
Doughnuts? My agency once delivered insights directly to prospects in Portland and San Francisco using a customized and personalized Krispy Kreme box. Free doughnuts to grab attention. The box delivered awareness, actionable insights, and the offer to get some recently launched Krispy Kreme stock. It made us friends.
Write and produce your advertising agency thought leadership and get it out in the world to the right clients. They will love the good stuff.

More to come… in the new book.