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Archive for May, 2012

How to Optimize Email Marketing for Conversion

Monday, May 28th, 2012
Pinpoint Tactics recently completed a client’s marketing strategy, which involved the creation of multiple online marketing tools. Online marketing is new to many people, but it is becoming increasingly important in many industries. The rise of social media and mobile technology hasn’t just dramatically changed the music and film industries, it has revolutionized the art of marketing a business.

Online marketing has enabled small companies to achieve much better results with modest budgets than was possible with traditional marketing. Email newsletters are one of the key tools in your online marketing arsenal and below we discuss a few ways to optimize your newsletters for conversion.

1. Start with a quality subscriber list
As the old saying goes: “quality, not quantity”. A subscriber list with thousands of recipients will earn very few conversions if the readers aren’t interested in what you’re selling. Filling your newsletter list with recipients who have an interest in or use for your services is the first step in achieving conversion.

2. Concise, relevant, high-quality content
Audiences follow quality. If your newsletter becomes known as a consistent source of concise, useful information, the subscribers will come.

3. Integrate your newsletter with the rest of your online marketing
Don’t limit your newsletter to subscribers. Once it’s been sent out, increase your audience by mentioning your newsletter on your blog and linking to it on your Facebook, Twitter, LinkedIn, and other social media outlets.

4. Include a call to action
Even a well-written newsletter with relevant content will be ineffective if it lacks a call to action. Make sure that each newsletter asks the reader to take action of some kind, whether it’s buying your services, visiting your website, liking you on Facebook, etc.

Email newsletters are a vital element of your online marketing toolbox. If you distill your list into a relevant audience and carefully develop your content to maximize conversion, your email newsletter will likely become the cornerstone of your online marketing efforts.

Photo courtesy of Ken Teengardin

Media Spotlight: Globe and Mail – “The Challenge”

Wednesday, May 16th, 2012

If you’re thinking about licensing your products or services, and franchising your successful business concept, here is an article you might want to read. Published today, our principal consultant, Sandy Huang, was interviewed by Globe and Mail journalist Bryan Borzykowski on her thoughts on this topic:

“Toronto-based events company Oxford Beach puts on more than 250 affairs a year, but a big chunk of its revenues come from one massive shindig: its “St. Party’s Day” event… Created two years ago by Oxford Beach founder Billy Hennessy, the event occurs on St. Paddy’s Day, and the last one attracted 8,000 celebrants to Toronto’s St. Lawrence Market, he says.

Between beer company sponsorship and sales of booze and food, the event generated revenues of more than $300,000, he says.That equals almost a third of the $1-million the 13-employee company expects to generate in 2012.

Mr. Hennessey believes there’s more where that came from, and he now wants to take the event to other cities, capitalizing on the St. Party’s Day name he says he has trademarked.” Read more…

Oxford Beach found Billy Hennessey. Tim Fraser for the Globe and Mail.

 

Strategic Planning and Management of Actionable Items

Tuesday, May 15th, 2012

Photo courtesy of Alex Osterwalder

Simplicity is the key to using strategic planning sessions to create actionable items. It’s not overly difficult to create a strategic plan, but management and implementation can be another story. Time spent on strategic planning is wasted if the project isn’t managed and broken down into actionable steps. Keeping the plan on track means setting reasonable goals and realistic timelines.

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