In a world where digital transformation is essential for staying competitive, many small to medium-sized businesses face the challenge of modernizing their marketing efforts without breaking the bank. Enter the Fractional Chief Marketing Officer (fCMO) – a cost-effective solution for companies needing top-tier marketing leadership without the overhead of a full-time hire. But what exactly is an fCMO, and how can hiring someone in this role impact your business? Let’s dive in.
Marcus Sheridan of The Sales Lion claims that 70% of people who contact a company already know they will do business with them. That’s because they’ve done their research online before contact. This is even true of people looking for a financial advisor. Therefore, an effective, optimized online presence is required to compete in the modern finance industry.
Having a strong online presence is crucial for business growth, regardless of industry. Taking a comprehensive approach to enhancing your company's visibility across the Internet is a valuable use of time as it can help you generate more and better-quality leads. This blog will introduce you to an in-depth analysis process called the Total Online Presence Audit (TOPA) and further explain why you should conduct one on your brand.
In many ways, your email list is your greatest asset. Email is consistently ranked number one among marketing activities with a whopping 2,900% ROI. Whether you're a B2C business sending transactional emails or a B2B business guiding leads and prospects through the buyer's journey with nurturing campaigns, email is where the rubber meets the road. But running a successful email marketing campaign takes planning and knowledge of how to maximize your engagement.
Did you know that only 3% of buyers are active buyers? Active buyers are ready to purchase and are searching for the company that can best meet their needs.
That means that 97% of buyers are passive buyers. They're in the early stages of the buyer's journey and still investigating solutions to their problems. That's why it is crucial that companies produce helpful content that positions them a resource for prospective buyers in this early stage, and that guides buyers through the subsequent stages of the buyer's journey.