At any one time, 95% of your potential customers are not in the market looking to buy, according to research by the Ehrenberg-Bass Institute and LinkedIn’s B2B Institute.
Only 5% of your audience is “in-market” now looking to buy, so your advertising largely hits buyers who will not buy anytime soon.
How can marketers be top-of-mind for buyers at whatever point they decide to buy?
One great way to do this is through always-on marketing, which seeks to build awareness and create brand-relevant memories through messaging.
Here’s what you need to know about always-on marketing and how to apply it in your search marketing campaigns.
Always-on marketing is a strategy that aims to keep your brand consistently visible in the market through ongoing campaigns.
The main objective is to ensure your target audience knows your brand and its solutions even before they are ready to purchase.
Always-on marketing enhances brand awareness and boosts brand equity. It uses metrics from the full marketing funnel to judge performance, from reach all the way down to revenue.
Short-term lead generation campaigns continue to dominate the marketing landscape.
These campaigns result in brief revenue spikes, followed by stagnant revenue growth.
So, why do most marketers prioritize these short-term strategies?
That’s because they often respond to the immediate revenue needs of businesses, which demand quick results.
In recent times, marketing, particularly on the digital side, has leaned heavily toward strict “performance-based” campaigns, expecting rapid results within just two weeks.
Success is then solely measured based on lead generation.
Instead, marketers should use always-on marketing programs incorporating full-funnel campaigns for long-term durations.
If embraced, this approach can elevate marketers from reactive short-term campaign executors to strategic long-term builders of brands and drivers of revenue.
Always-on marketing requires more planning, content, creativity, budget and time over standard short-term lead generation campaigns.
All of this should be exciting to any marketer, but it will take time and persuasion to convince your company, especially your finance team, to approve.
Testing new marketing approaches is key to learning and growth. Making big bets can yield big returns.
Always-on marketing for paid search runs across the entire marketing funnel from top of funnel (TOFU), middle of the funnel (MOFU) to bottom of the funnel (BOFU) to ensure your brand is always in the marketing funnel while your target audience searches.
This approach moves well beyond traditional paid search campaigns that are conversion focused with target cost-per-conversions or conversion volume goals.
Always-on paid search campaigns include optimizing for those “performance marketing” metrics.
Still, they also include optimizing your campaigns for TOFU awareness metrics like impression share and MOFU engagement metrics like click-through rate.
An always-on approach to paid search involves a full-funnel execution of:
From a content strategy perspective, TOFU and MOFU landing pages should have ungated content that:
BOFU content should only be gated if it is extremely high-value. Examples are signature research reports or annual surveys with valuable and original data.
Gone are the days of gating standard ebooks, whitepapers, checklists, etc. Give that type of content away without gating it during the TOFU and MOFU stages.
Budget allocation is another important consideration. When allocating your budget between funnel stages, 60-40 is a good rule of thumb.
This allocation ensures your brand has visibility across the entire search journey to build awareness and drive revenue.
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Dividing keywords into TOFU, MOFU and BOFU is not an exact science.
There are keyword research tools that can help aid in this process and complement your knowledge of your audience and your experience as a paid search marketer.
After initial testing, you should always re-evaluate the stratification of your keywords and make adjustments as needed.
Below are practical recommendations on how to begin to segment your keywords by stage of the funnel.
The always-on marketing approach needs to be both full funnel and long duration to be impactful to your brand.
That said, always-on paid search can be costly, so be strategic. When the budget is limited, cut back based on the performance metrics relevant to each funnel stage.
Do not just cut the budget of TOFU and MOFU keywords. Focusing just on BOFU keywords will land you again in the cycle of short bursts of revenue followed by flat growth.
Push back, say “no,” and advocate for strategic budget allocations based on long-term brand building and revenue growth.
Now that you have an understanding of always-on marketing, test it. Give it a try at your organization via a six-month or nine-month-long paid search pilot.
Move beyond short-term campaigns promoting a webinar or a gated whitepaper. Embrace a full-funnel, long-term view of paid search.
Implementing such a trial will not be easy but begin with socializing and advocating for the idea.
Paid search marketers can and should be more than reactive campaign executioners, so champion always-on marketing and become a strategic brand builder and revenue driver.
from Search Engine Land https://searchengineland.com/always-on-marketing-paid-search-429826
via free Seo Tools