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How to create a marketing plan for your small business - build a brand, target customers and set prices that will maximise sales.

The internet has transformed business marketing. No matter what you do, the internet is likely to be at the heart of your marketing strategy.

Social media is firmly established as a marketing tool. Having a presence opens up new lines of communication with existing and potential customers.

Good advertising puts the right marketing message in front of the right people at the right time, raising awareness of your business.

Customer care is at the heart of all successful companies. It can help you develop customer loyalty and improve relationships with your customers.

Sales bring in the money that enables your business to survive and grow. Your sales strategy will be driven by your sales objectives.

Market research exists to guide your business decisions by giving you insight into your market, competitors, products, marketing and your customers.

Exhibitions and events are valuable for businesses because they allow face-to-face communication and offer opportunities for networking.

Your guide to winning with performance max campaigns

Have you set your sights on dominating the digital advertising game with Performance Max Campaigns? Smart move! Performance Max Campaigns are Google's automated advertising campaigns that use machine learning to optimise ad performance across various Google networks like Search, Display, and YouTube. They adjust bids, ad placements, and targeting automatically based on performance data, aiming to reach a wider audience and achieve specific advertising goals with minimal manual effort. However, success in PPC advertising requires strategy and finesse- so here's what you need to know to do well here.   

Know your audience

Effective campaign development requires you to have a deep understanding of your audience. When you analyse demographic data, interests, and behaviours, you can tailor your messaging to resonate with your target demographic. This ensures that your ads reach the right people and your marketing budget is well spent. Demographic data reveals essential characteristics like age and location, while interests and preferences offer insights into what motivates your audience. Behavioural patterns show how your audience interacts online, guiding your targeting and messaging strategies. You can create campaigns that engage your audience and drive results using these insights.

Unleash the power of automation 

Being a part of a Google Ads Agency allows you to gain knowledge, like knowing that Performance Max Campaigns is what thrives on Google's machine learning capabilities, so you're able to let the algorithms do the heavy lifting. From bid adjustments to ad placements, you can sit back, relax, and watch the magic unfold. This means that you can say goodbye to manual tinkering and hello to the wonders of automation! 

Embrace creative freedom  

With Performance Max Campaigns, you can experiment with various ad formats, including text, images, videos, and more so don't be afraid to let your creativity run wild. This means you can ditch the cookie-cutter approach and dare to be different. 

Test, tweak, repeat

Rome was built a day ago, and successful ad campaigns usually aren't either. Start to embrace the iterative process by constantly testing and refining your strategies. This could be everything from ad copy to landing pages; every element plays a crucial role in shaping your campaign's performance, so keep a keen eye on the data, and don't hesitate to switch it up if something's not working.

Stay ahead of the curve

The digital world changes constantly, so staying ahead of the curve is simply non-negotiable. Keep ahead of industry trends, algorithm updates and new technologies to keep up your competitive edge.

Measure what matters

Vanity metrics can look impressive on paper, but meaningful results are really what matters. Focus on metrics aligning with your business objectives- anything from lead generation to website traffic to conversions. It's quality over quantity, always.

Harness the power of ad extensions

Remember to consider the impact of ad extensions in boosting the effectiveness of your Performance Max Campaigns. These nifty little additions provide extra information and incentives to potential customers, such as links to specific pages on your website, additional text, or even phone numbers. Take advantage of all available ad extensions to make your ads more engaging and informative.

Optimise for mobile

With most internet traffic coming from mobile devices these days, making sure your Performance Max Campaigns are optimised for mobile isn't just an added bonus- it's essential. This includes ensuring you have everything from responsive ad formats to mobile-friendly landing pages and generally just making a seamless user journey on smartphones and tablets. A smooth mobile experience will make a difference in driving conversions because customers expect this. Any holdups will put them off and lose you custom. 

Keep an eye on competitors

Originality is always key, but it's still important to know what your competitors are up to. Be sure to analyse the strategies that they're using, dissect their ads to see who exactly they're appealing to audience-wise, and then you can identify opportunities to differentiate yourself- it's not about copying what they're doing but instead, making sure that you stay different and one step ahead. By staying informed about industry trends and competitor movements, you can stay one step ahead of the game and position your campaigns for success.

Leverage remarketing

Potential customers can easily slip through the cracks, but good remarketing strategies can stop this from happen. These will re-engage the customers who have previously interacted with your website or shown interest in your products or services. This could be through tailored ads or personalised offers. It boosts their interest, reminds them that your company and products exists and brings back lost opportunities or a further chance to profit.

Celebrate wins and learn from losses

Successes should be celebrated, but failures can also be valuable learning opportunities- we don't always get it right first time and that's true of anything. Take the time to analyse both your triumphs and setbacks, extracting insights that can inform future strategies. Every campaign, whether a roaring success or a humble learning experience, contributes to your growth as a digital marketer.

Copyright 2024. Featured post made possible by Tom Welbourne of The Good Marketer, a marketing agency in London which drives more traffic, generates conversions and increases sales for small- to medium-sized businesses.

 

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