The Partner Channel Magazine Winter 2016
The Partner Channel Magazine share sales, marketing, and leadership tips for Microsoft Dynamics Partner organizations on a quarterly basis
The Partner Channel Magazine share sales, marketing, and leadership tips for Microsoft Dynamics Partner organizations on a quarterly basis
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» Do I have the ability to do this right? Let’s say you plan on hosting a live event or webinar. Do you have<br />
enough time to create and send the invitations, make reminder calls, create the landing page, build beautiful<br />
graphics, run all the event logistics, prepare the presentations, and send after-event follow-up emails? A lot of<br />
time and effort goes into each piece. If you can’t do it all, maybe you shouldn’t do this event – at least not right<br />
now. You are far better off doing fewer things 100 percent of the way than being half-committed to a whole<br />
bunch of activities.<br />
» How will we know if this activity has been successful? Success measurements are an area where<br />
marketing and sales need to get on the same page. Marketing will consider a campaign successful if it gets<br />
a significant number of downloads, whereas sales might think the campaign is a failure because no leads<br />
converted into opportunities. Set up success criteria at the beginning of the campaign. Make sure sales and<br />
marketing personnel each know their roles and how this campaign fits into the overarching goals of the sales/<br />
marketing department.<br />
» How long are we going to be committed to this endeavor? What’s the level of effort required?<br />
Relationship marketing and content marketing are marathons, not sprints. If you are going to commit to<br />
producing a blog or podcast, you need to stick with it. Be realistic about your expectations. Don’t be discouraged<br />
when people don’t show up in droves right away. Last year, I helped a company get really consistent with their<br />
blogging and social media. I told them they had to commit to at least a year, and I’m glad I did, because it<br />
took some time to figure out what really resonated with their audience. A year later, their sales are up 30<br />
percent, and the only thing we changed was their online presence. Give yourself time to learn what it takes. If<br />
something still isn’t producing results for you a year down the road, then it’s time to re-evaluate.<br />
» Do we have money for this in the budget? If not, what will we have to give up to do this? Sometimes<br />
marketing involves not just the trade-off of one marketing activity for another, but rather this marketing activity<br />
versus hiring another person or purchasing equipment or software. Because marketing is often treated as an<br />
expense (versus an investment), it’s often the first department to get its budget re-allocated to something more<br />
pressing. That’s one of the reasons I recommend clients have a committed marketing budget. You absolutely<br />
cannot have professional, ongoing marketing activities if your marketing team always has to run to finance to<br />
ask for spending approval. Set an amount. Stick to it. If you don’t know what your marketing budget should be,<br />
budget for a marketing consultant who can help you figure it out.<br />
Marketing is constantly evolving, so it’s important to try new things. Asking these seven questions will help<br />
reduce your risk and get you a positive return on your marketing investments. I also recommend you give yourself<br />
a little wiggle room. Write your budget “in pencil” so you can shift dollars around and have some cushion for when<br />
Microsoft or another <strong>Partner</strong> comes up with a brilliant idea that you want to participate in. Keep your eyes and ears<br />
open for opportunity, but don’t be afraid to say NO if the fit isn’t right.<br />
Need a little velocity added to your marketing projects? Contact the marketing tornado at Amachina@tornadomktg.com.<br />
“”<br />
Marketing is constantly evolving, so it’s important to try new things.<br />
Asking these seven questions will help reduce your risk and get you a positive return<br />
on your marketing investments.<br />
40 WINTER <strong>2016</strong> | THEPARTNERCHANNEL.COM