StrategyDriven Online Marketing and Website Development Article | Digital Marketing Mantra for Advertisers

Digital Marketing Mantra for Advertisers

StrategyDriven Online Marketing and Website Development Article, Digital Marketing Mantra for Advertisers

Digital marketing is slowly, but surely growing from a “nice to have” to a necessity. With so many audiences, especially the younger ones, moving away from linear television, barely touching newspapers or magazines and with their heads down into their phones even out on the streets, it seems that the only sensible place advertisers can find their audiences now is in the online space. This is driving advertisers to adapt and form digital media strategies, but media practices from the offline world don’t translate well to the online world.

Out with the Old

Where you used to define personas and find the right publication or TV programme that fit your audience, it seems that these rules don’t apply to the online world. Your audience is out there on multiple places, consuming different media, sometimes even at the same time, with each moment of interaction you have just a small window of opportunity, sometimes even barely a second. To be successful in advertising in the online marketing space, you will need to connect all the dots and deal with the complexity (and maybe even ambiguity) of the online marketing world. Moreover, that’s asking for quite a bit, which most likely can’t be found in one person or advertising agency.
No Buyers, Only Specialists Here

The problem is the balance between the complexity of online marketing disciplines and the way the market moves on. Where you used to be dealing with media buyers (people who would take care of booking media buys, placing the advert, handle the back and forth between the publisher and the creative agency), you now must deal with channel specialists. These people are professionals in their field but usually are not trained to guide a client through connecting all the dots. Even channels that seemingly should be close to each other are, under further inspection, fundamentally different. Advertisers who have been dealing with digital agencies will mostly agree not to expect agencies to be able to provide a consistent overall media view, as you would have had with offline media agencies. The most practical way as an advertiser to take care of your digital marketing mix is to take the reins themselves. That doesn’t mean to do it yourself (although in-housing seems to be a trend of late) but to start speaking the same language as the digital marketers.

Measure Everything

This also means understanding and challenged its most hailed aspects of digital marketing, which inadvertently is also its downfall, the ability to measure everything. Traditional media would have panel data to provide some insight into what the effect the media buy would have had (by proxy), online media comes with the promise to be able to measure everything. In digital speak, we call this tracking, which relies on “pixels being fired” and “cookies.” Essentially this means that advertisers (and publishers that help the advertisers) try to provide the most complete of the consumer based on data they might have volunteered and data that can be inferred. Pixels and cookies provide a bread crumb trail to piece this all together. Apart from the ethical and privacy issues at play here, this sounds to most advertisers as the holy grail, to be able to pay for only those audiences and people that fit your audience perfectly.

Post-view

However, that attention to measuring everything can turn into an obsession. Take display and video ad formats, for example. On pretty much every publisher, these are ad formats that are offered up widely. Videos have taken a flight by being offered in-stream, which basically means its tacked in upfront or in the middle of a video that someone is trying to watch. You can have a skippable or un-skippable variant, and most publishers offer a cost-per-view model based on percentage or minimal seconds watched.

In most cases, the video is an unwanted interruption of someone’s flow, which in turn leads to very few people engaging with the advert and ending up on the advertiser’s website. Display ads have the same problem, although in a lesser extent (but just barely). The display banners show up as a distraction when someone is doing something else and might not be in the mindset to engage with an advertiser. Both video and display ads will usually have a lot of impressions (the advert was shown) but not many interactions. To still proof value, the industry has come up with a metric called view-through conversions. This essentially measures if a conversion has taken place after someone has viewed the ad, usually within a specific timeframe.

Last click wins

On the other side of display and video ads, you have many pay-per-click possibilities. One of the key ones here is paid search ads. It’s dominant in such a way that most people refer to paid search ads as PPC ads, although the concept of PPC refers to the method of publisher payment (for example display ads can be on a CPC model). This is, for most advertisers, the absolute darling of digital marketing. PPC in 99% of all cases all the way down in the marketing funnel, i.e., likely the last interaction before a consumer makes a purchase.

Even more so, those display and video adverts could very well have been earlier in the process and led to a PPC click. Paid search ads are usually measured on the last click wins method, which is standard across most advertisers. The last click wins will not add up with a post-view conversion, attributing all value to PPC and making a post-view conversion meaningless. Therefore, especially when marketing budgets are getting the squeeze, display, and video ads lose out.

The Mantra for Advertisers

The risk you run of this principle is that all the attention is going to PPC and none is given to display and video. In other words, all the attention goes to the bottom of the funnel and none to filling up the funnel. Advertisers who do this find themselves with diminishing returns over time and a drying up supply of new users to the website. The savvy advertiser understands the value of harvesting the low hanging fruit but always ensures that consumers keep coming through the funnel, by smartly filling it up from the top.

StrategyDriven Talent Management Article | How To Make Sure You Hire The Right Person For The Job

How To Make Sure You Hire The Right Person For The Job

StrategyDriven Talent Management Article | How To Make Sure You Hire The Right Person For The JobHiring the wrong person can be a costly mistake and leave you feeling frustrated that you have no one to complete the work that needs to be done. Therefore, it’s extremely important that if you want your organization to succeed, that you hire the right person for the job each and every time.

There are steps you can take to help ensure you achieve this goal and aren’t wasting your time or anyone else’s. Remember that it’s never a bad idea to reach out to current employees when you’re on the hunt to fill positions to see if they have any suggestions before you go out looking elsewhere.

Work with A Specialist

There are companies such as Devonshire recruitment whose job and desire it is to help you fill positions at your workplace. They have a pool of candidates who are prepared to speak with you and will be a good fit right from the start. You can make sure you hire the right person for the job by being specific and transparent with your job description, and only bringing people in for interviews who align with your objectives and specific position requirements.

Invite Candidates to Take Psychometric Tests

There are dozens of psychometric tests such as The PI Behavioral Assessment Test, which help employers to filter out the best candidates for the benefit of their business.

These kinds of tests measure a candidate’s skill level in relation to problem-solving, ability to do the work, behavioral traits, and patterns and etc.

Contact References

It’s good practice to ask for several references from candidates on your final job application. Not only should you look to see who they are, but you should also take the extra step and time to contact them. You can learn a lot about an individual by how they’ve previously performed and what their strengths and weaknesses have been in the past. Ask the right questions and encourage the other person to be as candid and open as possible in their responses.

Hold Multiple Interviews

One interview isn’t going to give you enough time to figure out if the person you’re speaking with is right for the job. Therefore, it’s important to hold multiple interviews and in many different forms before hiring someone. For instance:

  • On the phone
  • Face-to-face
  • Interviews held by different leadership members
  • Interviews held by different department heads
  • Verbal and written tests

These are a few ways for how you can mix up the interview process and evaluate a candidate on their various skills and abilities to make sure they’re a good fit at your workplace. It’ll be helpful to get feedback from other people at your company as well to hear what they have to say about a potential candidate so you can compare notes.

Take Your Time

What’s going to help you out the most in your search to find the right candidate for the job is to go slow and take your time. Rushing through the interview process and failing to write a detailed job description is only going to hurt you and your company in the long run. Instead, take advantage of these suggestions for how you can make sure you’re hiring the right person for the job, and this way, they should also be more likely to stick around for the long-term.

StrategyDriven Managing Your Business Article | 4 Big Benefits of Using Managed IT Services

4 Big Benefits of Using Managed IT Services

More and more businesses are utilising managed IT services to assist with their tech infrastructure. But is this the right move for your business?

Big IT problems have huge financial repercussions and can waste a lot of time and resources if not dealt with quickly and efficiently. Out-of-date or badly maintained technology is more likely to fail, and it can be difficult for a small IT team to keep on top of the latest trends.

But managed IT service companies make it their priority to stay on top of the most cost-effective and efficient tech to fit your needs, and to keep the operation running as smoothly as possible.

So if you haven’t considered switching to managed IT services, here are a few reasons why it might be time to give it a little thought.

Return on Investment

Frequent IT problems take up a lot of time, break concentration, and can cost your business a lot of money.

Slow computers, lost files, poor security – these are commonly occurring inconveniences that arise from a poorly managed IT service.  And every second that your system is down, your employees aren’t working and your business is not operating at its full capacity.

pasted image 0 3

More than this, a small in-house IT team can struggle to keep up with the needs of a larger company. And whilst they are dealing with everyday issues, they can’t focus on big-picture strategies which could really make a difference to your business.

Managed IT services focus on the everyday maintenance of these issues to limit the costs of small inconveniences, and avoid big disasters. This improves the reliability and efficiency of IT operations in a way which will inevitably save you money.

It will also free up your IT talent to focus on more important tech strategies, the wider benefits of which we’ll come back to in a moment!

Keeping Up With Tech

Technology is evolving faster than ever before. The ways we communicate, the ways information is analysed, shared, and protected – if you’re not in the loop you can get left behind and struggle to catch up.

And whilst your small in-house IT team are wasting time recovering lost passwords, locating lost files, and trying to work out why the system has frozen, they aren’t keeping on top of the latest technology or concentrating on how to integrate it into your business.

But one of the biggest advantages of managed IT services is that they are always on the cutting-edge of business technology, they know what will work for your system, and can implement upgrades quickly and efficiently.

Security

How much of your critical data is stored on tech devices? Computers, tablets, smartphones, servers? Do you live in constant fear of a security breach?

pasted image 0 4

IT security is absolutely critical and should be a major priority for every business. Unsurprisingly, out-of-date software, old passwords and unmanaged email accounts are some of the biggest risks to the security of your data and information.

So if you’re not up-to-date on the latest security risks, making sure your staff are informed, and constantly updating software, you could be more vulnerable than you think.

But managed IT services conduct research with multiple companies, and make it their business to keep track of security issues and their solutions. They will dedicate the time and effort needed to maintain these security protections so that you don’t have to worry.

They will also have a full grasp of compliance standards to minimize the risk of related to client data, credit card numbers and sensitive information.

Free Up In-House IT Staff

Another huge advantage to utilizing a managed IT service company is freeing up your in-house IT staff and applying their talents to the right areas.

In the same way you wouldn’t waste a Michelin star chef by asking them to wash dishes, you don’t want your most creative and innovative IT talent taking the elevator three floors to restart a frozen laptop.

If your in-house team are forever wrapped up in small technical issues that aren’t necessarily their specialism, they are not excelling in what they’re best at. And these smaller issues are unlikely ever to find a permanent solution if the inhouse team are too thinly stretched to focus on big-picture tech development strategies.

Outsourcing the maintenance of your IT service to a company who specialises in the small details will give your inhouse team the freedom to elevate the whole operation.

So there we have it. There are just a few of the benefits of outsourcing IT maintenance to a specialist company, and freeing up your in-house tech team!

StrategyDriven Strategic Planning Article | 4 Principles Guiding My Company’s Mission to Make Fresh Organic Meals Accessible for Everyone

4 Principles Guiding My Company’s Mission to Make Fresh Organic Meals Accessible for Everyone

StrategyDriven Strategic Planning Article | 4 Principles Guiding My Company’s Mission to Make Fresh Organic Meals Accessible for EveryoneA healthy diet doesn’t need to be expensive and taste bland.

Since I launched Fresh n’ Lean in 2010, I’ve been committed to breaking those stereotypes while getting affordable, pre-made organic meals to as many people as possible.

Those who need healthy meals the most, whether for medical issues or convenience, are too often left with heavily processed and unhealthy food choices. More than 50 million Americans live in food deserts, areas without access to high-quality or affordable fresh food, according to USDA research. But better knowledge about healthy eating has sparked national discourse about what we put into our bodies, and evolving consumer habits are making people less beholden to insufficient local food options.

Four principles have helped me lead my company forward: family, discipline, humility and vision.

My mission began with family in mind.

My father was facing life-threatening health issues — we didn’t know if he would be around in six months or a year. He made drastic changes to his diet and lifestyle, and his health rebounded. Seeing his success was proof that it could work for others, and that there was a greater need for fresh, healthy food options.

Discipline fueled the company’s growth.

I started Fresh n’ Lean when I was 18 years old. While my friends were out partying, I was waking up at 4 a.m. and working 16, 17, 18 hours a day, seven days a week.

That discipline carried over to the company’s financial wellbeing, where we sustained steady growth without relying on outside capital. We’ve always run a pretty lean operation, in part because we didn’t have a lot of excess funds to fuel unrestrained expansion. We had to be thoughtful in how to approach growth opportunities, because one mistake or one wrong decision could derail the whole company.

A dream since Day 1 was building our own kitchen and manufacturing area, a custom space to fit our needs. It wasn’t feasible during our early years, but in time it became a necessity. I never dealt with such a big construction project before, and it was a huge learning experience — I worked with contractors, city officials and architects throughout the permit process. There were setbacks, but we had to keep powering forward. Failure wasn’t an option.

Humility means respect for everyone’s role and impact.

I’ve worked every job the employees work, so I understand where they’re coming from and recognize the obstacles they face. I used to wash dishes and pack boxes. I’d go into the warehouse and pack boxes tomorrow if needed. We’re each a piece in a puzzle that fit together to reveal the mission and character of this company.

My vision for the future

As horrible and disappointing as it is that millions of people don’t have regular access to healthy food, I’m encouraged that our society is paying more attention to what we eat and that the rise of direct-to-consumer shipping provides additional options for people living in food deserts.

Ultimately, we want everyone in the United States to have access to a fresh organic meal within five miles of where they are. While direct-to-consumer is a big part of our business, we’re also looking to increase our offerings in grocery and retail on-the-go stores and getting our vending machines a wider release. We’ve targeted corporate wellness programs with the vending machines, but we plan to take a more mainstream approach in the coming years.

Convenience is a key to continued growth. A healthy diet doesn’t need to be expensive and taste bland — and it should be within reach no matter where you live.


About the Author

StrategyDriven Expert Contributor | Laureen AsseoLaureen Asseo is only 27-years-old, yet she has become a pioneer in leading the nation’s organic food craze. She’s the CEO and founder of LA-based Fresh n’ Lean, the largest nationwide organic meal delivery service in the country. It’s her mission to make eating organic easy, affordable and accessible – reclaiming the phrase “fast food”. She was inspired by her father’s ailing health due to his eating habits, and started the company from her one bedroom apartment.

StrategyDriven Tactical Execution Article | 7 Reasons Why Waste Recycling is good for Business

7 Reasons Why Waste Recycling is good for Business

StrategyDriven Tactical Execution Article | 7 Reasons Why Waste Recycling is good for Business‘Reduce, reuse, recycle’ is a well-known phrase, and doing so can be good for business. Managing waste efficiently means a better working environment, as well as saving money of disposal. Doing so doesn’t require a lot of effort; instead, it just takes the correct help. If you know where to look and what to look for, managing your waste could be a piece of cake. For example, searching for Montgomery county dumpsters for rent could save you a lot of time and money, as there are companies that provide professional services within your budget and with good response times. Here are seven reasons why waste recycling is good for business, and how to get started.

1. Showing that you are a business that cares about the effects it has on the local environment may win you customers, as more people are choosing to work with eco-friendly businesses. Having a business with an ethos that cares about the environment is something that will make it stand out for positive reasons.

2. Waste machinery saves your business money. Buying or hiring a recycling baler, shredder or compactor means you can group recycling materials into single bales, making recycling easier. It also costs less to transport, as more waste can be compacted into neat shapes so it is easier to transport more onto trucks.

3. A clean workplace gives a good brand image to visitors. Showing you have efficient and tidy ways to manage waste shows that you are a business that takes details seriously and help build trustworthiness.

4. Effective waste management may save you money on your business insurance, as it lowers the risk of fire. Lowering costs gives you higher profit margins for your business.

5. Safety onsite is increased through the use of waste machinery. Waste that is baled for recycling is less likely to catch fire, and if a fire does start, bales will burn much more slowly that loose materials. This increases safety for staff in the workplace and helps your business to avoid costly repairs and refurbishments.

6. Some recycling companies will pay money for single materials that are baled. This means that you could turn something that you once had to pay for to remove into another stream of revenue for your business.

7. Depending on the type of waste produced, there may be legal requirements in place for proper disposal. Using waste recycling machinery adds to the effectiveness of waste management, and could help your business to adhere to recycling rules and avoid fines.

How to get started with waste recycling

Using specialized waste management machinery is ideal for businesses that are looking for effective ways of recycling. Shredders cut materials into small pieces, which can then be compacted and baled. Shredders, compactors and balers can be bought new, second-hand, or can be hired, so there are options to suit any budget. There is machinery of different sizes machined to suit any business space, so even the smallest of premises can benefit from effective waste management. Recycling waste using waste machinery soon saves money after the initial investment, and provides a win-win solution to waste removal for your business.

It is important to remember that while recycling is better for the environment than waste going to landfill, it still requires energy to process. As well as recycling, businesses should also be looking at ways to reduce waste overall.