- The Secret Sauce Newsletter
- Posts
- How to Build a Scalable Marketing Strategy
How to Build a Scalable Marketing Strategy
How to Build a Scalable Marketing Strategy
Want to grow your business without burning cash? You need a scalable marketing strategy. Here's the quick rundown:
Set clear, measurable goals (use SMART objectives)
Know your target audience inside and out
Choose the right tools that can grow with you
Track key metrics like ROI, CAC, and CLV
Always be testing and optimizing
Scale smartly (double down on what works or explore new markets)
Stay flexible and adjust your strategy regularly
Key things to avoid:
Forgetting about customers
Weak value propositions
Ignoring data
Relying on just one marketing channel
Scaling too fast
Remember: Scalable marketing is about getting smarter, not just bigger. It's about better results with the same resources.
Quick tip: A solid marketing ROI is typically 5:1 - aim to make $5 for every $1 spent.
Need help? Consider expert guidance:
1-on-1 Strategy Sessions: $150/hour
90 Day Growth Plan: $10,000
Customized Websites: $5,000
Ready to start? Begin with a SWOT analysis of your current marketing efforts.
Related video from YouTube
Building Your Base Plan
Let's talk about creating a marketing strategy that can grow with your business. It all starts with a solid foundation.
Setting Clear Goals
You need goals that are specific and trackable. Enter SMART objectives:
Specific
Measurable
Achievable
Relevant
Timely
Forget vague goals like "increase website traffic." Instead, try this:
"Boost organic website traffic by 50% in 6 months. How? By optimizing our top 10 blog posts for our 5 most valuable keywords."
See the difference? This goal tells your team exactly what to do and when.
Finding Your Target Groups
Knowing your audience is key. Here's how to figure it out:
Look at your current customers
Do some market research
Create buyer personas
Here's a real-world example:
Chanty, a SaaS company, asked their customers what they liked. Turns out, users cared more about the app's interface than its price. What happened when Chanty focused their marketing on user experience? Sales jumped by 18%.
Ease into investing
“Ease” being the key word. With automated tools like portfolio rebalancing and dividend reinvestment, Betterment makes investing easy for you, and a total grind for your money.
Making Steps You Can Repeat
Scalability is all about processes you can easily copy. Here's how:
Write everything down
Use templates
Automate what you can
Take MAPFRE, an insurance company. They split their audience into groups and created content for each one. The result? People started engaging with their content in just three months.
Setting Up Your Marketing Tools
Let's dive into how to pick, track, and create content with top-notch marketing tools. The right tools can make your marketing strategy soar.
Choosing Your Tools
Picking marketing tools isn't just about features. It's about finding what fits your needs and budget. Here's what to keep in mind:
Look for tools that can automate across channels - email, SMS, social media. The more they can do, the less you have to.
Make sure they play nice with your current setup. No one wants a tech headache.
Don't just go for the cheapest option. Compare what you get versus what you pay. Sometimes, spending a bit more saves you in the long run.
User-friendly is key. If you can't figure it out, it's not worth it.
Good analytics are a must. You need to know what's working and what's not.
For small businesses, Mailchimp's a solid bet. It's free for up to 500 contacts, then starts at $13/month. It's easy to use and packs a punch for email marketing.
If you're big-time (or want to be), HubSpot's your go-to. It's pricey at $800/month, but it's got everything you need to grow.
Somewhere in the middle? Check out ActiveCampaign. From $15/month, you get AI smarts and tools for going global.
Tracking Your Results
Without tracking, you're just guessing. Here's how to keep tabs on what's working:
Google Analytics is your new best friend. It's free and tells you tons about your website traffic.
Use UTM parameters. They're like little tags that show you which campaigns are bringing in the goods.
Get a CRM. It'll show you how leads move from first hello to ka-ching!
Jordan Schneider from Boombox puts it straight:
"You've got to tag your links with UTM parameters. It's not optional if you want to know what's actually working in your marketing."
Making and Sharing Content
Creating great content at scale? You need the right tools. Here are some top picks:
Grammarly keeps your writing sharp across the board.
Canva lets you whip up pro-looking graphics, even if you can't draw a stick figure.
BuzzSumo shows you what's hot and what your competitors are up to.
Ahrefs helps you crack the SEO code and get your content seen.
The end game? Content that hits home with your audience and gets results. These tools help you keep quality high as you grow.
Managing Your Resources
Let's talk about smart resource management. It's crucial for scaling your marketing efforts. Here's how to make the most of your money, people, and tools as you grow.
Planning Your Budget
Your marketing budget needs to grow with your company. But don't just throw money at it. You need a plan.
First, audit your current spending. Where's your money going? What's working? What's not? This audit helps you spot areas to cut and opportunities to invest more.
Next, set clear goals. Without them, you're just guessing. Salesforce US puts it well:
"Smart business owners should instead look to find ways to profitably manage and grow their marketing budgets without setting arbitrary minimums or ceilings on their spend."
Here's a practical approach:
Figure out your revenue target, average selling price, and how many deals you need. Then, estimate your conversion rate and work out your cost per lead.
Let's say you want to hit $500,000 in revenue and your average deal is $10,000. You'll need 50 deals. If you convert 20% of leads to sales, you need 250 leads. At $100 per lead, your budget would be $25,000.
Keep your budget flexible. Lauren Temmler from ZoomInfo says:
"Spend more money where you get more money back."
Building Your Team
As you scale, your team structure becomes crucial. You need the right people in the right roles.
Start by assessing your current team's skills. Where are the gaps? Do you need specialists or generalists? Consider using a marketing resource scorecard to evaluate your team.
Don't just focus on hard skills. Soft skills like adaptability and creativity matter too, especially in a fast-growing company.
Consider multiteaming. A global survey found that 81% of managers say their team members work on multiple projects at once. This can boost efficiency, but watch out for burnout.
When to Hire Help
Sometimes, bringing in outside help is the smart move. But how do you know when it's time?
Look for these signs:
Your team keeps missing deadlines
You lack expertise in crucial areas
You need to scale quickly
Outsourcing can be a game-changer. Design At Work notes:
"With an outsourced team, you can scale your marketing efforts quickly and efficiently."
But it's not always the answer. In-house marketing gives you more control and accountability. The key is finding the right balance for your business.
Consider a hybrid approach. Use agencies for specialized tasks while keeping core functions in-house. This gives you expertise when you need it and control where it matters most.
Whether you're managing in-house or outsourced resources, clear communication is key. Set expectations, have regular check-ins, and always tie efforts back to your overall marketing goals.
Checking and Improving Results
To build a marketing strategy that grows with your business, you need to keep tabs on your progress and make smart tweaks. Here's how to track, test, and boost your marketing efforts over time.
Numbers to Watch
Tracking the right metrics is key to knowing if your marketing plan is working. Here are some important numbers to keep an eye on:
ROI: This is the big one. A solid marketing ROI is usually 5:1 - you make $5 for every $1 spent. Top-notch campaigns can hit 10:1 or higher.
CAC: How much does it cost to get a new customer? Lower is better.
CLV: This tells you how much a customer is worth over their entire relationship with your business.
Conversion Rate: What percentage of your leads become customers? This shows how well your marketing is working.
CTR: For digital campaigns, this shows how often people click on your ads or links.
Testing What Works
A/B testing is your secret weapon for boosting marketing performance. Here's how to do it right:
1. Pick a clear goal: What do you want to improve? Maybe it's email open rates or landing page conversions.
2. Change one thing at a time: This helps you pinpoint what's making a difference.
3. Run tests long enough: Aim for at least 100 conversions per variant to make sure your results mean something.
4. Use what you learn: Apply your findings to refine your marketing strategy.
Here's a real example:
Wigs.com was struggling to meet their cost-per-acquisition (CPA) goals. By carefully A/B testing different ad sets, they not only met their goals but blew past them. The result? Their improved campaigns ended up bringing in 25% of their total revenue.
Regular Check-ins
Set a schedule to review your marketing performance. Monthly check-ins are a good start, but for fast-moving campaigns, you might need weekly or even daily reviews.
During these check-ins:
Compare current performance to your goals
Look for trends or sudden changes in key metrics
Talk about what's working and what's not with your team
Plan adjustments based on what you find
As Sonya Koerner, CEO of Interactive Max Marketing, puts it:
"I always like to help the client understand goals before launching and help establish realistic expectations."
Different Ways to Scale
Scaling your marketing isn't one-size-fits-all. Here are a few approaches:
1. Vertical Scaling: Double down on channels that are already working well. If email marketing is your star, invest in better email tools and strategies.
2. Horizontal Scaling: Branch out into new channels or markets. This spreads your risk but needs careful planning.
3. Automation Scaling: Use tools to automate repetitive tasks, freeing up your team to focus on strategy.
4. Team Scaling: Grow your marketing team, either in-house or through outsourcing.
Marketing Channel Guide
Different channels scale differently. Here's a quick guide:
Channel | Scalability | Cost | Expected Results |
---|---|---|---|
Email Marketing | High | Low | High ROI, good for retention |
Social Media Ads | High | Medium | Good for awareness, variable conversion |
Content Marketing | Medium | Medium | Long-term growth, good for SEO |
Influencer Marketing | Medium | High | Good for brand awareness, can be costly |
SEO | High | Low-Medium | Sustainable long-term growth |
Email marketing often outperforms other channels in ROI, making it a solid choice for scalable strategies.
Wrap-up and Action Steps
Let's recap the key points and outline your next steps for building a scalable marketing strategy.
Building a scalable marketing strategy isn't just about getting bigger. It's about getting smarter with your resources. Here's what you need to know:
1. Set clear, measurable goals
Use SMART objectives to guide your efforts. Don't just say "increase sales". Instead, aim for "boost online sales by 15% in Q3".
2. Know your audience
Create detailed buyer personas. These aren't just generic profiles. They're deep dives into your ideal customers' needs, pain points, and behaviors.
3. Choose the right tools
Invest in marketing tools that can grow with you. For example, Mailchimp offers free plans for up to 500 contacts. It's a great starting point for small businesses.
4. Track and analyze
Keep a close eye on key metrics like ROI, CAC, and CLV. A solid marketing ROI is typically around 5:1. That means for every dollar you spend, you should aim to get $5 back.
5. Test and optimize
Always be testing. Wigs.com saw a 25% increase in total revenue after optimizing their ad campaigns through careful A/B testing.
6. Scale smartly
Consider different scaling approaches. You might double down on successful channels or explore new markets. The key is to make data-driven decisions.
7. Stay flexible
Regularly review and adjust your strategy. As Sonya Koerner, CEO of Interactive Max Marketing, puts it:
"I always like to help the client understand goals before launching and help establish realistic expectations."
Need Help? Consider Consulting Services
If you're feeling stuck, expert guidance can make a world of difference. Patrick Frank offers personalized consulting services:
1-on-1 Strategy Sessions: $150/hour
90 Day Growth Plan: $10,000
Customized Websites: $5,000
A well-crafted marketing plan isn't just nice to have. It's essential for aligning your team's efforts and driving business success. Sarah Franklin, President and former CMO at Salesforce, puts it this way:
"To be successful as a marketer, you have to deliver the pipeline and the revenue."
Ready to take action? Start by conducting a SWOT analysis of your current marketing efforts. Then use the insights from this guide to build a scalable strategy that will drive your business forward.
Reply