Don’t be mistaken: growth is not about making wild guesses in the dark. It is a very, very strategic task. You need to define what you want to achieve, before you look at your potentials for achieving it. For startups one of the biggest goals is quickly crossing the chasm between the markets for innovators/early adopters and the mass market.
To get there, you need to start engaging in lead generation marketing on a big scale. And you will need to address both users and buyers, which all too often are not the same target groups. We’ll identify and pursue the opportunities that hold the potential for creating an impact. You’ll be in control. KPI-based real-time performance data is included in our package.
Growth Marketing DACH
GCVB Growth communications DACH
As an online marketing agency for the German markets, we can provide the following services:
+ workshop: goals, market analysis, growth potential, product, users & buyers, favorability potential, brand positioning, messaging
+ growth strategy
+ growth content for website & social sites
+ growth-specific social campaign
+ CRM content
How to get started with successful growth marketing
You will need to determine your growth objective and set the metric that helps you measure your success. Whether it is sales, the number of memberships or subscriptions, widening your geographic reach, or click rates etc.: The One Metric That Matters (OMTM) will guide the activities of your growth team.
You will also acquire a different kind of thinking: Instead of viewing unsuccessful attempts as failures, you will see them as learnings that help you develop more successful activities. It’s all about generating as many leads as possible and also being able to convert them.
Following a thorough analysis of the market, your product, and the potentials for growth, you will develop a strategic approach, which will direct you, when you carry out individual activities.
Utilizing different online methods and tools enables you to monitor the success of activities in real-time.
Facts (data) will help you understand customer preferences and improve the customer journey.
They will strengthen your ability to develop impactful activities that can really convince your customers.
Your growth will depend on your ability to identify the potentials of various channels at a certain moment in time.
Some channels can be promising in general, but may not be the right ones to choose for rapid expansion.
Other channels may not come to mind immediately, but may offer great opportunities nonetheless.
Creativity is a natural characteristic of innovator brands. And it is not limited to the products and services you develop. It extends to the way you present them to your target groups.
With your lead generation marketing activities, you need to explore and pursue every opportunity there is to get your message through to your target groups. Quite a few of your activities may not be successful. But the ones that are will get you where you want to be.
Growth communications require a good deal of fearlessness. You need to know what you want to achieve. But there is no room for perfectionism.
And you should not be afraid of experimenting beyond traditional thinking. Unlike the big players in the market, you have nothing to lose but everything to gain.
Growth also requires a sense of nowness. Operational flexibility of your communications is a key success factor. As is a continuous monitoring of the success-rate of your activities.
The instruments you need: Market & trend monitoring, real-time insight on communication consumption (consumer reaction), and consistent messaging at all touch points of the omnichannel customer journey. The latter will include physical touch points.
Five key success factors of growth marketing:
1
Focus on a metric: Choose your metric that matters and embrace a trial-and-error approach to reach the metric goals.
2
Explore your real target groups: Address both intended users and buyers and seek new buyer groups, wherever possible.
3
Market intelligence is key: Use market intelligence to gather the input for impactful campaigns.
4
Real time data monitoring: Monitor real-time data, identify promising opportunities, and push through to cross the chasm.
5
Brand care is important for growth: Don't damage your brand on the growth path. The brand is perhaps the most valuable asset in the main market.