The TCR Advantage Marketing Strategy (Traffic, Conversion, Retention) - #049
An episode of the Modern Marketing Podcast podcast, hosted by Adam Erhart, titled "The TCR Advantage Marketing Strategy (Traffic, Conversion, Retention) - #049" was published on May 29, 2017 and runs 9 minutes.
May 29, 2017 ·9m · Modern Marketing Podcast
Episode Description
Whether your business is in startup mode, reputable and well-established, or somewhere in between, traffic, conversion, and retention are essential elements to making it sustainable and profitable.
In this episode, Adam walks you through the simple 3-step TCR advantage marketing strategy that gets you more traffic, more conversions, and better retention to generate more customers, sales, and revenue for your business.
Episode Discussions:
- How to identify which segment of TCR you need to focus on
- One of the most valuable tools any business can have to convert traffic into leads
- The key premise behind an effective lead magnet
- Landing pages: What they are and why they're the best way to deliver lead magnets
- Why retargeting ads are so effective and profitable
- Adam's top 2 traffic source recommendations
- Reasons why email marketing remains to be well-worth the investment
- How content marketing boosts the effectiveness of Facebook Ads
- 3 important things to remember when creating lead magnets
- Ways to nurture your leads
- The biggest mistakes to avoid when focusing on customer retention
2:04
Identify which area of your business needs attention
Laser-focus efforts on where the greatest opportunities are and what will provide the biggest impact
- Focus on traffic (step 1) if…
You need more people to know about your business, visit your website or store, or call you.
- Focus on conversion (step 2) if...
You have enough traffic and visitors but aren't turning them into paying customers.
- Focus on retention (step 3) if...
You have traffic and customers but want to maximize revenue by increasing their lifetime value and selling them more of your products and services.
3:19
Step #1. Traffic
- Niche down and focus on your ideal target market.
- Ensure they're able to find you, learn about your business, and do business with your company.
- Find how to leverage it, how to get the best results, and the amount you're able to pay for it and still break even or return positive ROI
- Top 2 traffic source recommendations:
- Facebook Ads - short-term win
- content marketing - boosts effectiveness of Facebook ads, provides more sustainable and long-term approach.
"When you combine these tools together, you create an unstoppable force destined for marketing domination."
4:57
Step #2. Conversion
- Offer something of value in exchange for prospect's contact information.
- Key premise behind an effective lead magnet:
- Drill down the needs of your customers
- Find out what information they're looking for
- their problems and how you can help
- Keep it simple, easy to digest, and positions you as an authority in your market
- Use a landing page to deliver magnet in exchange for their contact details.
- Drill down the needs of your customers
6:53
- Nurture leads via:
- email nurture sequence
- retargeting ads
- sales call
- webinar
7:13
Step #3. Retention
- Continued service and offering of new things for customers to buy.
- Use a combo approach of email marketing and retargeting ads.
- Retargeting ads
- ensures you stay top-of-mind
- allows you to advertise to a smaller area of the market
- Email marketing
- Provides remarkable return (some ROI numbers: 3800% and 4500%)
- Biggest mistakes: not providing a call to action (CTA) or opportunity to learn about your other products and services.
- Retargeting ads
Contact Adam: [email protected]
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