Marketing for Manufacturers Bootcamp

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Marketing for Manufacturers Bootcamp

Transcript of Marketing for Manufacturers Bootcamp

Page 1: Marketing for Manufacturers Bootcamp

Marketing for Manufacturers

Bootcamp

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The world of business has changed.How we communicate, how we

manufacture, how we buy......www.tdmuk.com

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... so why are you still trying

to find sales like it’s the 90s?

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Report: How Engineers Find Information (Q4 2016)

68% of engineers looking for information turn to search engines

Only 14% used tradeshows to source information

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At the start of their buying decision.

Once they have narrowed down the options to a couple of manufacturers.

Only to confirm pricing and delivery details.

20%

25%55%

At what point industrial buyers look to engage with suppliers

BU

YIN

G D

ECISIO

N

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THE INVISIBLE BUYER

Visits your website, takes your information and writes you off without you ever knowing you were in the running

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The five main challenges of marketing a manufacturing business

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GENERATIONAL BUSINESS• How things have always

been done - insular perspective

• Person in charge of marketing isn't a marketer, it's a family member or the MD / SD

Challenge 1

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• Aging and high-seniority workforce can be change-resistant

• Need to market to your own workforce before the customer

CHANGE-RESISTANT WORKFORCE

Challenge 2

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• Company not attracting (or retaining) the best candidates because of poor image

• Senior engineers remain hands-on instead of working on the wider strategy of the business

LACK OF TRADE SKILLS ENTERING INDUSTRY

Challenge 3

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Challenge 4

20%

80%

80% of the profit(or 80% of the trouble!)

Customer base

• Sell in a reactive way, going after whatever they come across

• Promising what engineers cannot easily deliver or chasing undesirable work

LACK OF SALES STRATEGY

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Challenge 5

• Markets move, the company's sales message doesn't

• Globalisation seen as a threat not an opportunity

NOT REACTING QUICKLY ENOUGH

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So... how do you market a manufacturing business?

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If you are competing on price then you have failed to establish the true value of

what you make in your customers' minds.

If a customer perceives your product as just a commodity that is no different from your competitor's, they will buy whichever

is cheapest.

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People make their mind up about a company from their

website within 3 seconds.You can't prove your credibility

in that time using words.

1. COMPANY BRANDING

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A typical manufacturer

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A m

arket leader (the same com

pany!)

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If I Google you and find nothing, then at best you are a very unremarkable person

2. PERSONAL BRANDING

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Expertise b

ecomes the b

rand

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3. INTERNAL MARKETING

• Having all staff on-board with a single strategy means people can understand the reasons behind the changes they are being asked to make.

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Get EVERYONE to be part of

your strategy

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• Digital and modular marketing material can be updated quickly without having to replace a whole brochure

• Modular material can be tailored to only include information relevant to that specific client or sector

4. MODULAR MARKETING MATERIAL

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Customisable & replaceable inner pages...

... also create PDF

versions for specific markets

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• Have communication channels in place that talk to all your contacts - include past, current and future customers.

• When you do have a message to push out, you can do it quickly to a warm audience.

5. PUT A COMMUNICATION CHANNEL IN PLACE

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• The embarrassing moment when the buyer knows more about your product than your distributor.

• Give them the full picture - from the process basics through to the story behind each product

6. SUPPORTING DISTRIBUTORS

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Give agents and distributors all

the digital tools they need

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THE INVISIBLE BUYER

7. CAPTURE THE INVISIBLE BUYER

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OMNI-CHANNEL MARKETING

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Limbo Deciding

Triggerpoint

SaleAwareof a need

BUYING DECISION

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2% Ready to engage

18% Decision-making

80% Passive80%

18%

2%

VISITORS TO YOUR WEBSITE

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Limbo Deciding

Triggerpoint

SaleAwareof a need

Visits your site for first time

LinkedIn request

LinkedIn Articles

Clicked on link in email Meeting

Email exchange Follow-up call

Email marketing

DownloadPDF & capture email

BUYING DECISION

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2. Download the information they

need in return for their email address

1. State their industry

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VS

EMAIL MARKETING

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EMAIL MARKETING

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EMAIL MARKETING

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Engagement campaigns

Reach out campaigns

Direct contact

PASSIVE ENGAGEMENT

ACTIVE ENGAGEMENT

SUSTAINED ENGAGEMENT

EMAIL MARKETING

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SOCIAL MEDIA

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LINKEDIN

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GOOGLE PPC AND SEO

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$19 billion comes from advertising revenue

$21 BILLION PER QUARTER

GOOGLE PPC AND SEO

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Paid-for advert listings

'Organic' (not paid-

for) listings not visible

without scrolling

GOOGLE PPC AND SEO

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Pay-per-click listings

aboveB

A

C

A

A

BB

C

C

Disappear when searching on a mobile because not 'responsive'

SEO (SEARCH ENGINE OPTIMISATION)

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Google is in charge (Not you, and not an SEO 'expert'!!)

Mobile search favours mobile-friendly sites

Can only target one keyword per page

Slow: off-site and on-site techniques require long-term strategies

SEO (SEARCH ENGINE OPTIMISATION)

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Instant results

Controllable at all levels

Only pay when someone has a genuine interest

Can directly target all keywords (even competitor product names and brands!)

PPC (PAY-PER-CLICK)

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Any marketing will only get you...

90% OF THE WAY

TO A SALE

IT'S ALL IN THE FOLLOW-UP

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Remember this?

IT'S ALL IN THE FOLLOW-UP

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Manufacturing has embraced technology - your sales and marketing has to also.

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TAKE A GUIDE

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Email me on [email protected]

for a PDF copy

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The Design Mechanics, New Mills, Brougham Road, Marsden, Huddersfield, West Yorkshire, HD7 6AZ

Dave [email protected]

davepannell@daviepannell

Stewart [email protected]

stewartleahy@DesignMechs

CONTINUE THE CONVERSATION