When you’re consistently tracking your marketing metrics, you can make changes quickly and in ways that leverage your best performing tactics. Here’s how you develop a plan that gives you the latitude to make these iterations and make sure that you’re getting the results you want.
Many times, organizations write massive, 100-page marketing plans that end up sitting on a shelf. While the research and market knowledge you gain from one of these plans is valuable, sometimes it’s difficult to figure out just where to start to put everything in action. By periodically identifying your top 3 marketing goals and focusing on those, the never-ending list of marketing to-dos becomes manageable and measurable.
For example –
Goal – Sign a significant number of new personal injury clients.
What do we need to know?
What do we do with the answers?
Who are we talking to?
What are we saying?
How are we saying it?
When is this going to happen?
Ongoing with quarterly reviews and benchmarks
What is success?
If you search on your favorite search engine for “Marketing Metrics” (go ahead, I’ll wait right here), you’ll find no shortage of metrics. But the reality is that you don’t need all of them. And you may even need different metrics at different times in your law firm’s practice. It’s absolutely okay to adjust what you’re using to measure success if you’re finding you’re not getting the information you need. One way to see if you’re using the right metrics is to ask yourself a few questions –
|What do I want to know?||How do I find this information||What is the metric?||What do I do with this information?|
|Example – I want to know if my paid Facebook ads are worth what I’m paying.||Set up these Facebook ads with a custom URL and phone number to track conversions.||Average revenue per client – Cost per client acquisition for Facebook PPC ads||
This is where iterating your marketing efforts can really pay off. You may start tracking your metrics and after 3 months find you’re just not seeing what you were hoping to see. So, you may change your metric to see how the same tactics effect another part of your business.
…Or you may change your tactics altogether to see if the outcome moves closer to your goal.
…Or you may even change the goal.
And since you’re working off your identified priorities, you don’t have to go back and constantly revise that 100-page marketing plan.
When you’re talking about target markets, user personas, and demographics it’s easy to forget that these represent real people. But when you make a practice of iterating your marketing, you get the chance to take a closer look at your “market” and see the people who belong to it. Market research through surveys, panel discussions, or workshops are valuable for learning more about your target market and iterating your strategy. Former clients provide feedback about their client experience. And you get a chance to test out marketing tactics with a smaller audience before rolling it out to the world.
Note: This is the 4th article in a 4-part series. Want to read the rest? Check them out here –
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