Good on you for pursuing that personal project and setting up your website, and welcome to the Covidpreneurs Club! đ (just coined that term).
If you want to save time and energy, I encourage you to read until the end of this post.Â
Take my friend Marge as an example. The other day she rang and said she had just finished the Google Ads Certification but she actually didnât know how to proceed or what to do next. âWhat about Instagram or Facebook ads? How much does it cost? Which one is better? What about Email Marketing??â
I know, thereâs a lot to consider in this landscape, and it can sound dauntingâbut trust me, it doesnât need to be.
When trying to understand and navigate through the digital marketing options, there are a few concepts that make all the difference.Â
Before that though, just a quick disclosure: My weird Business degree swapped the Marketing courses for IT ones (thankfully!), so what follows comes from my professional experience plus many hours of online education.
I know they are probably not the same thing but to me, they both illustrate the same point from different angles. Most of the time.
The Buyerâs Journey model says that when it comes to buying something online (E-commerce), or enquiring for personal services (Consulting/Freelance), you (the buyer) go through a process that consists of at least three stages:
Now please close your eyes for a second and visualise the last time you made an online purchase.Â
First, you probably had the need of getting something. Or maybe that need was put into your head by a friend (or an advertisement). This corresponds to the Awareness stage, where you donât necessarily know the solution to your problem, nor whom youâll end up buying from.
After you knew about the product you wanted to get âor the specialist you needed in order to fix your issueâ, you probably started researching about different prices and specifications. This is called the Consideration stage, where you find and compare candidates that could help you to achieve your goal.
Finally, the Decision stage is where you go with the winner and attempt to buy the product or contact the specialist. I say attempt because sometimes a successful sale (or enquiry) takes more than just a keen visitor.
The Marketing Funnel is kind of the same thing but seen from the businessâs eyes:
But thereâs a catch. Marketing Funnels have holes on them, and their bottom level is very narrow (including yours).
This means that an important part of your potential customers will fall out of the funnel before turning into a saleâinevitably, at some stage of their buying journey.
Donât worry, by mastering these concepts along with a few more techniques, you will make your funnel look more like a solid, fat, lubricated pipe.
As you already guessed, some tools and platforms work best at different stages of the Buyerâs Journey. Iâll probably get more into juicy strategies in further posts but first, we need to talk about Search.
You want your website to rank first on Google, which is hard and/or expensiveâright? Well, not necessarily (also a further post).
For now, just be aware of the difference between the following searches:
You guessed it again! These searches correspond to different stages of the Buyerâs Journey. How did you notice? Because by reading the query, one can infer different Search Intents.
When getting started with Google Ads (or SEM), most newbies focus exclusively on the third stage: Your company name or your own nameâwe will call these âbranded termsâ.
This approach is fine (and most likely cheaper), but keep in mind that youâll be missing on a whole lot of funnel volume (top and middle levels). What you could actually do, is to bid for what we'll call âunbranded termsâ (eg: âbest wireless headphones in 2020â). This could increase your traffic drasticallyâalthough I wouldnât suggest you do this until you know what youâre doing as it could get expensive.
Yeah, I know, those acronyms seem very technical and difficultâtheyâre not, just bear with me...
Impressions are the number of times your ad gets shown to potential customers, either on Google (as an item on the results page, among others), Instagram or Facebook (think of Promoted posts), and it can also refer to emails on your audienceâs inbox.
Clicks are just the number of times those impressions were clicked on.
Click-Through Rate, or CTR, is nothing but the division between Clicks and Impressions.
Please note that different platforms and campaign types will charge you differently, depending on different things. Thatâs why is important to measure and compare these campaigns with different metrics.
For example, in the âAwareness stageâ you might just want to use Instagram Ads to tell people who you are, without begging for a click. In this case, Facebook will charge you by impressions. Therefore, in an Awareness Campaign you want to keep an eye on the CPM, or âCost Per Thousand Impressionsâ.
Similarly, in the âConsideration stageâ you might want to drive traffic to your website with Google Ads or Facebook Ads. No worries, theyâll definitely help you do that and then youâll have to pay them per each click on your advertisement (PPC). Therefore, in a Consideration Campaign you want to look for the CPC, or âCost Per Clickâ(more on this in a later post).
đ Well done, youâve made until here! The following will be way easier to digest.
One of the few University lessons that stuck with me over time is âWhat is not being measured can not be improvedâ and It applies really well to Digital Marketing.Â
Properly identifying your websiteâs traffic sources will help you to tell what is worth your time and what isnât.
Having Google Analytics properly installed on your website is something you definitely want to do rather sooner than later. Especially if you plan to invest in Paid Digital Marketing. I would also recommend installing a Facebook Pixel, for retargeting purposes (for another post).
đĄÂ Pro Tip: If you want to track organic (unpaid) impressions on Google, you should also set up a Google Search Console account and connect it to your Google Analytics.
Considering the Google Analyticsâ convention names, it is very useful to acknowledge at least the following traffic sources:
Being aware of the Buyerâs Journey and its three main stages will help you to save time and money, and will also help you to tell which Digital Marketing Tool makes more sense at each stage (or Funnel level). In the same fashion, it is also very useful to understand the difference between search intents.Â
If you havenât done it yet, Iâd strongly suggest configuring Google Analytics in your site ASAPâand definitely, before start throwing money blindly into Google Ads or Facebook Ads and wishing for the best. No measurement, no improvement.