Maximize your marketing budget now

March 17, 2014
Maximize your marketing budget now

 

Effective marketing requires keen focus on ROI, which is the ratio between the money invested and money earned. To optimize ROI, you must choose the marketing techniques that offer the greatest returns for the lowest cost. For many businesses, ROI can be enhanced simply by moving away from traditional outbound marketing and focusing more on automated inbound marketing techniques.

 

The Problem with Outbound Marketing

Old school online marketing techniques relied on gaining as much exposure as possible for your business by bombarding the consumer with advertisements. In most cases, this required a great deal of investment and time with only a limited amount of return. As consumers became more accustomed to ignoring unsolicited advertisements, the return diminished even further, and businesses were forced to spend even more time and money on campaigns than weren't working effectively.

  

Boost Performance with Improved Marketing Strategies

Inbound marketing techniques eliminate many of the problems associated with outbound marketing. Instead of blindly distributing advertisements to users who may not have any interest in your products, inbound marketing targets those users who are most likely to convert to customers. Inbound marketing also focuses on providing users with valuable information and opportunities to interact, thus increasing the likelihood of engagement. Furthermore, inbound marketing costs 62 percent less than traditional outbound marketing, thus allowing you to generate more leads with less money.

 

Shrink Your Budget with Automation

Inbound marketing alone can decrease your marketing budget, but adding marketing automation software to the mix can diminish it even further. With automated inbound marketing, you can generate targeted, useful content for consumers with minimal effort. Because this strategy reduces the amount of resources required to reach each consumer without compromising the quality of your content, your ROI will increase dramatically.

 

So what? Effective marketing doesn't have to be overly complicated or expensive. By choosing the right techniques and applying them strategically, you can launch a bigger, better marketing campaign with a smaller budget.

 


Need a little Guidance? Download our FREE Marketing Automation RFP and Planning Guide, by clicking on the image below. 

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Author Bio

Kassi Whitman is a Marketing Account Manager with an eye for detail, a love for classic rock, and animals. She is a supporter of quality content marketing and an advocate for proper social media use. Connect with her on Twitter and LinkedIn!