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How to pick which marketing channel to focus on

February 16, 2017 By Ray Corcoran Leave a Comment

How to pick which marketing channel to focus on

One of the major reasons people don’t get traction with their marketing is overwhelm.

One of the reasons they are overwhelmed is they don’t know which marketing channel to focus on.

In this video I address 4 areas to consider when picking which channel will work for you.

I call them ‘The Four Lenses’ – not that it matters what you call them haha.

They are as follows:

1. The Past

What channels have worked really well for you in the past?

I’m often surprised by how many business owners have had a channel work great in the past and they just ‘got busy’ and stopped using it for no reason.

2. Industry

What channels are your competitors using? What’s everyone else doing in this market?

There’s a good chance (unless they’re stupid), that if they are consistently running ads in the paper or doing flyer drops – they (hopefully) are getting a good ROI on it.

This doesn’t mean we just blindly copy everyone else, but it means that we look into it further, and have a crack with our own version.

3. Experiments

There’s a tonne of opportunity in new, untested marketing channels.

With the rapid rate of change in technology, there’s new platforms (ie. Snapchat) and features in existing platforms (ie. Facebook Live) where you can get excellent leverage.

Put in a small bit of effort, and get a *disproportionate* amount of results back.

I recommend not dropping everything you’re currently doing and suddenly spending all day on Snapchat, but it’s worth dedicating a small percentage of your marketing efforts on new channels.

4. Customer Research

Ultimately, the channel you pick needs to have your ideal customer hanging out there.

The first part of marketing is awareness.

They need to know you exist.

We need to get our content, our offers and our brand in front of their eyeballs.

So how do we know which channels are best to find them?

Just ask.

Use SurveyMonkey to create a survey.

Pick up the phone and call 10 existing (or potential) customers.

Ask away on social media.

Use that data as a starting point to determine where you should be directing your efforts.

—

If you use The Four Lenses to pick your channel, you’ll be able to reach more customers, more efficiently.

You’ll also have the confidence to take more action knowing you have a better chance of hitting gold.

If you have questions about how this would work in your industry or business, PM me and I’m happy to help.

Ray

Filed Under: Strategy

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About Ray Corcoran

Ray is an experienced business growth consultant and international speaker on digital marketing strategy. He's worked with over 1000 businesses across 100 different industries. Join him on Facebook, Twitter, Google+ or LinkedIn.

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About Ray Corcoran

Ray Corcoran Digital Marketing Consultant Speaker Sydney Australia 2 Ray Corcoran is a Business Advisor and digital marketing speaker. He helps established business owners grow revenue and profit fast. He has helped 1000+ small businesses across 100+ industries over the last 11 years and has also worked with top tier corporates including Optus, McDonald’s Australia, Leighton and Woolworths Group to name a few. He has been seen in the Australian Financial Review, The Sun Herald, Startup Daily and many more publications. Continue reading

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