Ep. 49 Bite-sized Marketing with the Monday Morning Marketing Podcast
We’re teaming up with the Monday Morning Marketing Pod!
In our latest podcast episode, we sit down with Melanie Boylan and Esther Ocampo from the Monday Morning Marketing Podcast to delve into effective marketing strategies, the power of focus groups in business scaling, and the importance of strategic planning for business growth.
One of the key insights shared by our guests is the concept of 'less is more' when it comes to marketing. Many entrepreneurs try to spread their efforts across all social media platforms, resulting in dilution of their brand message and exhausting their resources. Instead, Melanie and Esther suggest identifying the platforms that your target audience frequents and focusing your efforts there. It's not about being everywhere; it's about being where it matters.
Additionally, they discuss the importance of securing your business handles across all platforms to prevent impersonation, even if you're not active on them. This ensures brand consistency and protection against potential damage to your business reputation.
The power of focus groups in understanding your audience and scaling your business was another key topic. Melanie and Esther share their personal experiences of running focus groups and the transformational changes their businesses underwent as a result of the feedback received. This process underscores the importance of ongoing testing and evaluation of your marketing strategies to ensure they continue serving your business effectively.
Our conversation then pivots to the complex issue of scaling a business. Trust, team growth, and salary management emerge as significant challenges. We share personal experiences and tips to navigate these challenges with less stress. One crucial piece of advice is the importance of setting boundaries to avoid burnout. We also highlight the undeniable power of an online presence in today's digital age.
Finally, we delve into the significance of regular strategic planning for business growth. We discuss the role of SWOT analysis, a tool that assesses a company's strengths, weaknesses, opportunities, and threats. Melanie shares her experience of conducting a SWOT analysis every six months, emphasizing its importance in identifying potential risks and taking preventative measures to protect the business.
In conclusion, the journey of business growth requires a strategic approach to marketing, a deep understanding of your audience, and consistent planning and evaluation. By focusing your efforts, listening to your audience, and preparing for growth, you can navigate the challenges of business scaling and set your business on a path to success.
Resources
Highlights
0:03: Bite-Sized Marketing Tips for Entrepreneurs
12:14: Focus Groups and Branding Power
25:15: Scaling and Growth Strategies in Business
36:54: SWOT Analysis and Business Growth Tips
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