Decoding Success
Metrics for measuring marketing efforts
Marketing is the cornerstone of a successful business, yet many struggle not only with crafting effective strategies but also assessing their impact. For the pool industry, measuring marketing efforts is crucial to ensure every action contributes to results.
Why Measure Marketing?
Developing and executing a marketing plan isnโt enough; assessment is key. Josh Harmening, senior account manager for The Get Smart Group, says the most important way of measuring marketing success is evaluating your number of conversions โ and step one is to be honest and realistic.ย
โYou donโt need to tell anybody else, but be honest with yourself,โ Harmening says. โUntil you are honest with yourself and start tracking things, you wonโt have any idea what your close rate is.โ
The Power of Data and Execution
Before embarking on marketing strategies, setting realistic goals demands data.
โYou can think youโre good at something, but until youโre actually tracking it, we take it with a grain of salt,โ Harmening says.
Once youโve collected data, use it to forecast future endeavors, but keep in mind that execution is just as key as metrics.
โThe planning is important, but the most important part of the planning is how youโre going to execute,โ Harmening says. โMost plans are pretty good. Most execution is not. So focus on the execution.โ
Most plans are pretty good. Most execution is not. So focus on the execution.โ Josh Harmening, The Get Smart Group
Tracking Systems for Success
Defining metrics for success and adhering to company values plays a vital role in tracking the impact of your marketing efforts. Sarah Garrahan, marketing manager for Blithe Sales Co., emphasizes the companyโs mission statementโs role in developing plans and fostering relationships beyond sales.ย
โFor us, success is three things: a satisfied end-user, a dealer with new referrals and reorders for our suppliers,โ she explains. โOur mission statement: โCommunicate, inspire, and embrace continuous development for our customers, suppliers, and ourselvesโ is behind everything we do.โ
Garrahan also says tracking what happens after a sale or closed deal is just as important as tracking what led to it. โA sale is often a finish line for other business models but in our case, itโs just the beginning,โ she says. โUltimately, success is a new relationship or partnership between ourselves and our dealers.โ
Marketing Tools and Strategies
For those ready to begin tracking their efforts who are looking for marketing ideas, Harmening recommends a few platforms.
โThe platforms that we see working are Google ads, organic traffic and email,โ he says. โBut if you want to actually get leads and convert them into sales, itโs search engine marketing. Itโs your customer relationship management software, like HubSpot and ActiveCampaign and FusionSoft.โ
Garrahan recommends social media platforms such as LinkedIn, Facebook and YouTube.
Whatever marketing method you choose, you must actually work the leads you generate, Harmening says.
โThe clients we see be successful are really leveraging their customer relationship management software,โ he explains. โThe more you maximize every single opportunity, the farther marketing dollars will spread.โ
Strategies for Smaller Companies
For smaller enterprises, delegating marketing tasks is instrumental.
โIf weโre talking about small teams or owner-operators, [ask yourself], โHow are you going to get yourself to a place where you can delegate?โ because everybody knows that in the summer, youโre not going to have time to do this,โ he says.
A good option for small businesses is to grow email lists.ย
โIf you donโt know what else to do, do whatever you can to get more people on your email list because you own that,โ Harmening explains. โSocial media [and Google] can bump you off, kick you off, change algorithms, do whatever they want, but your website and your email lists are yours.โ
Harmening also reminds businesses of the power of video content.
โGet comfortable in front of a camera,โ he says. โYouโve got to provide a little bit of transparency and behind-the-scenes content and be OK with it not being crazy polished.โ
Navigating Seasonal Shifts
If this sounds daunting, Harmening recommends using the offseason to make a plan for video content.
โIn the on-season is when youโre seeing the exciting stuff happen thatโs worth videotaping when youโre out in the field, but you have to have the awareness of what would be worth putting on the internet,โ he says.
Harmening also recommends using the offseason to build out your CRM.
โ[Successful companies] have that process [as] a well-oiled machine, and theyโve gotten that all dialed in over the winter,โ he says. โThen in the summer, when theyโre crazy busy, it becomes automatic. They can at least keep up and then clean it up a little bit later.
