Category: Marketing Ideas
How Questioning Everything Helps Aerospace Marketers Save Money
Question everything. Marketers who work with tight budgets must get comfortable with questioning the status quo.
In 1987, the CEO of American Airlines saved $40,000 a year by removing a single olive from each customer’s salad. Thirty years later, budget-strapped aerospace marketers can learn how to save money from that legendary aviation industry CEO.
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Start by asking why.
Fast Company wrote about “The Importance of Creating a Culture of Why,” explaining that in many workplaces, “Why?” has become a stand-in for “I disagree.” When marketers fear creating conflict with co-workers, it can lead to “going along to get along,” which can result in bad spending decisions. Fast Company advises — and we agree — that we all need to reclaim “Why?” as a positive force in the workplace.
- Why should we place this ad?
- Why do we need to attend this event?
- Why are we printing so many brochures?
Tip: When you have clearly identified your target audience and have a complete understanding of your buyers and their behavior, it’s much easier to spend only on things that map to their needs and preferences. Build buyer personas as part of your marketing plan and bring this important information into focus. MarketingProfs created an excellent resource called “Beginners Guide to Creating Fleshed-Out Buyer Personas for B2B Inbound Marketing.”
Don’t get sidetracked.
Managing a tight budget requires focus that helps us avoid doing things for the wrong reasons (like to please a co-worker). Doing an ad, a show or printing brochures may be important, but asking the right questions can stop us from doing things for the wrong reasons.
- I don’t want conflict
- It’s a great deal/cheap
- Our competition is doing it
- We’ve always done it this way
Tip: Don’t spend your limited dollars on tactical experimentation, guesswork or assumptions — and don’t let anyone, even the most persuasive salesperson or colleague, convince you to do otherwise. Stay focused on goals and expected end results.
Keep asking questions, with a focus on outcomes.
If we are not tracking or evaluating results, and using what we learn to inform future spending decisions, we are shortchanging our employer and reinforcing the perception of marketing as a money pit.
- What exactly has this tactic accomplished for us in the past?
- How does this directly connect to our marketing strategy and goals?
- What is the expected outcome of doing or not doing this?
- How, specifically, will we measure success?
Tip: Successful aerospace marketers know that Customer Relationship Management (CRM) software is a critical data source that can help understand customer trends and behavior while showing marketers which tactics are driving leads and sales. DART Aerospace worked with ForgeCRM, a system designed specifically for manufacturers, and GE Aviation uses Salesforce.
Other budget-friendly resources:
Trade shows and events are important and expensive. Before you commit to anything, carefully consider and evaluate what you’ll get for your investment. This checklist can help.
A marketing plan can help you make focused spending decisions that link to the bottom line. Download a step-by-step template here.
Audio: Budget-Friendly Marketing
This week, BDN Aerospace Marketing is venturing into the world of downloadable audio content.
In this, our first audio installment, BDN founding partner Kyle Davis and VP of Client Services Lisa Sifuentes share some of their favorite ideas for getting the most out of a tight marketing budget. Senior Designer Nick Markwardt guides the discussion as we touch on topics ranging from developing an annual plan and leveraging digital tools, to identifying and challenging budget-sapping “sacred cows.” In just 15 content-filled minutes, we reveal that good marketing doesn’t have to be expensive marketing.
Play this week’s session below or click here to download the MP3.
Resources mentioned in the show:
Trends and Challenges in Aerospace Marketing: ‘We Need More Support’
Last week we brought you research data and insight about trends impacting aerospace and defense marketers.
This week we continue that theme with verbatim comments from more than 30 survey respondents who wrote about their experiences in aerospace marketing. Here are the challenges, opportunities and trends they shared.
Market Conditions and Budgets
“Our biggest challenge is volatility within the industries where we work, specifically petroleum exploration.”
“The downturn in defense and aerospace has management looking to decrease marketing expenditures.”
“A decline in sales is dramatically impacting marketing resources. I am hopeful that the industry will rebound over the next few years.”
“Larger companies have more influence and are moving the market away from our solutions.”
“We are challenged by collapsing markets due to the global economy.”
“It seems our business is very much influenced by politics and whatever the current budget constraints that are in play.”
“We have too much ground to cover and not enough people or time to adequately address.”
“Our primary challenge as a small aviation electronics manufacturer is developing marketing programs around a changing product line that is undergoing constant timeline and feature revisions due to limited staff. Deadlines keep getting pushed back and budgets reduced due to delays in getting product to market.”
“Lack of funding limits our team and our messaging approach.”
“Marketing requires a sizeable investment of cash.”
“Due to tough economic times, budgeting for all required needs of a company can be tough. We use as many free social media and website resources as possible to help reduce costs associated with marketing.”
“Too much spending is required for trade shows and events that never go away. There are more every year.”
Insights: Budgets and resources are clearly a concern for our industry. Last week’s survey results revealed widespread under-spending, and the verbatim comments are in line with that assessment. Respondents also voiced concerns about the state of the industry, citing declining market opportunities as a prime challenge. With downturns in the business aviation, rotorcraft and defense segments, this is a very real challenge that must be addressed. But why are so many companies cutting marketing when sales are down? It defies logic. Because just as food is the fuel that helps us remain healthy and thrive, marketing is the fuel that is essential for business success. Without it, our businesses will weaken, wither and die. If marketing is the engine that powers your business, is it really the area to cut corners or to settle for a makeshift solution?
Resource: This white paper has more information about how much companies should budget for marketing, with benchmarks and industry data you need now.
Targeted Marketing to Reach Decision Makers
“Getting in front of decision makers is a challenge. Everyone understands our business and how it may be used to leverage their efforts, but the decision makers are buried in white noise from everything else.”
“In my business, marketing means selling ideas to customers and obtaining funding for those ideas. They are not for public dissemination, so marketing is very selective and done on a one-on-one basis vs. broadcasting. As we gain ground in funded projects and create products for sale, marketing will become somewhat more traditional, but still very selective, and the objective targets will be contacted via personal measures.”
“It’s tough to break through the clutter of email and offers.”
“I see a lot of money being spent on non-productive initiatives. As a small niche consulting firm, we would only be served by targeted marketing to a few potential prospects.”
“It’s extremely difficult to get a foot in the door with the right people. Sending emails offering support and adding value with our quality products and services to try to get new customers is completely ineffective. We’ve hit a wall as far as generating new leads.”
Insights: Aerospace industry marketers are generally fortunate to have a clearly defined audience of potential customers and influencers. Being highly targeted in this way should make our jobs easier, right? Yet time and time again we hear from marketers who are frustrated with their inability to reach decision makers. If this is a challenge you face, we suggest that you start by questioning your diagnosis. Are you sure that you are not reaching the right people? Or is there a problem with the messaging? Is the delivery method wrong? What do your analytics tell you? An abundance of aerospace marketing is company-centric, focusing too much on what the company does, and too little on how it will make the customer’s life better. Get to the root cause of the problem and you’ll be one step closer to a real solution.
Resources: If your goal is to do business with OEMs, this blog, “The Truth About Marketing to Aerospace OEMs,” details six specific steps to connect with your target audience. Or, download this related infographic, “How to Gain Visibility with OEMs.” Are you working to generate more leads? Check out “Four Keys to Lead-Generation Success.”
Need for Measurement
“We are unable to measure return on investment effectively or directly.”
“On the general aviation side, finding ways to cost-effectively measure ROI and leads remains a challenge. The industry is specialized enough to warrant a more customized approach (software, etc.) but too small to really afford it, so a patchwork of systems is created.”
“Creating meaningful content, with enough depth and technical information to satisfy the customer, is a challenge. We also lack marketing team resources and the ability to justify ROI to the CFO.”
Insights: Measuring the impact of marketing is possible – it’s just not easy. Take advantage of the many resources and tools available to help you establish and build a process that will work for you and your company. And remember, calculating ROI is simply the cost of a sale subtracted from the profits on that sale, divided by the profit number (and expressed as a percentage).
Resources: While we do not endorse any single program or provider, explore these resources to learn more about how to measure your marketing effectiveness: Marketingprofs, Lenskold, Marketingmo, or Marketo.
Embracing New Approaches & Fresh Ideas
“Keeping up with social media is a challenge since it morphs easily into other avenues that may or may not be readily addressed.”
“Personal relationships and prior customers form the basis of our support. It’s tough to break the 30-year mold of “what we have done in the past” to get senior management buy-in on newer marketing trends and strategies. We also don’t have anyone with a formal marketing background to help us stay current and continually engage our market sector. We also don’t have a large budget for marketing. We are in the black hole of business development.”
“Most marketing efforts are run of the mill, with everyone using the same idea or concept.”
“People don’t think outside the box enough. A great deal of advertising and publication content is flat and lifeless.”
Insights: We often hear from aerospace marketers who feel their work — or that of their outside provider — has become stale. Many others say that they are overworked, overwhelmed and simply unable to keep up with the new tools and technologies that are revolutionizing our profession.
Resources: Get your marketing program back on track with inspiration from this fact-filled infographic, “12 Secrets to Marketing Success.” Do something different! From live chat to drones, here are 10 fresh ideas to breathe new life into a marketing program that has grown stale. Some businesses find that external support is a good fit for their needs; other times it’s not the best option. This white paper, “Is it Time to Hire an Outside Marketing Firm?” can help you find the approach that’s right for you.
Other Comments & Concerns
“Online tactics and properties are key to our marketing strategy, but using an old-fashioned direct approach (postcards) is also successful. We were staff-challenged last year, but have since staffed up. This allows us to focus on our biggest asset, our website, while also pursuing direct marketing. Supplying good content and imagery is always an issue with a smaller budget. Managing an integrated marketing program with many moving parts and deadlines is a challenge, and it’s hard to know whether a marketing management application will really help, or end up becoming the work. We have also been challenged measuring ROI for activities, but have determined that a contributory methodology is likely the best. We look at what activity contributed to a sale versus pegging a sale to one activity — something that is very difficult to do in B to B marketing.”
“Social media does not reach 59-65 year-old C-level executives.”
“Our major challenge is getting corporate approval for website redesign. The current site is ancient, has insufficient content, and is hard to navigate.”
“I see many smaller niche print and digital publications refusing to cover a newsworthy product launch just because the company is not an advertiser. We are finding that editorial is being driven a lot more by advertising sales input — at least for smaller market media.”
“Our real issue is how to be more efficient.”
“It’s hard to convince anyone that I’ve spoken to in aerospace that image, and how they present themselves, matters.”
“Building brand awareness for new or merged brands is always a challenge.”
What are your marketing challenges, issues and concerns? We’d love to hear from you and welcome all questions and comments!
Effective Strategies for Print & Online Aviation Marketing
Writing for BDN, Jill Fontaine recently interviewed Carol Dodds, Vice President of Advertising and Partnership at Aircraft Owners and Pilots Association (AOPA), to discuss a variety of issues that impact aviation industry marketers. Carol provides key aviation and aerospace brands a selection of print and digital advertising opportunities and for over 9 years has successfully connected advertisers and marketing professionals with their target audience of general aviation pilots, aircraft owners, and aviation enthusiasts.
Jill: AOPA represents many influential brands in the industry. Can you give a few examples of brands that are creating innovative print campaigns?
Carol: Bose, Garmin and Icon are among those that I always suggest people reference for great ad content. We are also seeing smaller companies create very engaging content in their ads. Genesys Aerosystems always impresses me with their smart print ads that they couple with blogging and online content on topics that people are genuinely interested in learning about. They do a really good job educating their potential customers about a product that, at times, can be difficult to understand.
Other companies, like Blackhawk Modifications, are getting very creative with their print ads, while saving money and maintaining high visibility. They are getting dominance across a 2-page spread without buying the 2-page spread. It’s actually pretty clever! On the right-hand side, they’re buying a full-page ad and doing a great bold image with a short headline. On the left-hand side of the spread, they’re buying a 1/3-page vertical ad and tying them together with color and branding, this is a perfectly functional “2-page” ad. And honestly, that leaves us with only editorial that can be placed on the page with their 1/3 ad. So really, they’re getting ad placement right in the middle of an article. You couldn’t ask for better visibility.
Jill: What a trick! Is this something you’re sure you want to be sharing?
Carol: Of course. I think it’s really clever marketing. I always want our advertisers to get the best “bang for their buck” and this is a great way to do it. I also think it shows just how versatile print advertising can be. You have to make it work for you and the budget you have. You don’t have to buy a 2-page spread to get good visibility. I work hard for my advertisers, and my main goal is to get their message out there, no matter their budget.
Jill: What marketing trends are you seeing in aviation print advertising right now?
Carol: I’m seeing that the most successful and eye-grabbing ads are those with bold images, incredible beauty shots, or very tight detailed shots of a product. A lot of advertisers are coupling these bold images with dramatic one-word or one-phrase headlines to keep it simple and clean while still getting the reader’s attention. This style is very effective, but is hard for some, more traditionally rooted, companies to accept.
I’ve also been very intrigued with the advertorial direction that some ads are going. With this style, we see brands using smaller images and focusing on telling their reader a story.
Native advertising or “editorial-like” ads often feature a customer’s testimonial or content that educates the customer about the brand. You have to have amazing copy in order to pull this off though. You want the copy to feel like part of the magazine’s content, not an overt promotion. That’s the trick. Give the reader the opportunity to learn something of value instead of being sold something.
Jill: Do you think one ad style is more effective than the other one?
Carol: No. It’s trial and error, really. Advertisers have to see what works for their brand and their customers. Some of the best ads I’ve seen have been combinations of both styles. They’ve successfully incorporated a beautifully branded image with the right amount of editorial content. The combination of the two often provides marketers more comfort because they don’t have to go buck wild in one direction or another.
Jill: Has the 24/7 accessibility to a brands message via the Internet and social media affected the way that AOPA readers and advertisers view print advertising?
Carol: Yes, I think it has. People can access information about your brand any time they want to, so picking up a magazine is now only one of many ways they can learn about your product. This is one of the challenges that aviation marketers today have to overcome. We’re an industry that is very comfortable in print advertising and sometimes it’s hard to educate brands on the true need for online, social and video marketing. Good marketers use a hybrid of print and digital to engage on more levels with their customers. Advertisers should be using print for serious branding and story telling, then driving the customer to an online page where they can take action on the information they just received from your print ad.
Jill: Is online advertising effective on its own?
Carol: I’m a firm believer that online advertising is most effective when it’s backed up by a branded print advertisement that tells the story of a product. I don’t know any successful brands that have focused their marketing strategy solely on print or solely on digital marketing. Both serve different purposes and different parts of the sale cycle. Advertisers should be using print to drive traffic to their website. This is why print is still relevant. If a customer is reading a magazine, they’re most likely relaxed and have some time on their hands. If that same customer is online, there is a much shorter attention span and a much smaller window to deliver your message. It’s important to understand that people are distracted online and now have an expectation about online advertising. Advertisers can use their print campaigns to deliver a bold idea and drive them to do further product research or take an action on your website or landing page.
Jill: How can marketers successfully integrate a digital marketing strategy into their existing print strategy? Will it require additional budget?
Carol: It’s not expensive or difficult to carry over a branded look and feel online. It’s about providing customers with brand consistency. They see your brand in print, they should also see it online. Think of the print ad as brand education and the online ad as your call to action. Online ads encourage your customer to pick up the phone, click on the contact info, find a sales rep, or even make a purchase. There’s a sense of urgency in online advertising, and that’s the key. Most of the print advertising opportunities these days comes with an option for online advertising as well. At AOPA we always encourage our advertisers to do both, and we also offer them a large range of different platforms and different price points to choose from. It comes down to distributing your budget across online and print. For a campaign to be successful, you shouldn’t have your entire advertising budget in one area.
Jill: We’re talking about creating a funnel of sales leads here, starting with print and ending with an online call-to-action. How important is a company’s website in this process?
Carol: If there is one place where a marketing strategy loses its steam, it’s the website! As marketers, we spend so much money on print ads and online visibility, but when a customer finally shows up at the website ready to buy, they often fall into an abyss of unorganized or unrelated information. We essentially throw them into a dark room and cross our fingers that they can figure out how to buy our product. Ineffective websites don’t happen by permission though, they happen by omission. Make sure to lead your customers to exactly where you want them to land on your site and keep it up to date and engaging. Print and online ads won’t convert to sales unless your website is ready to handle the traffic that is being directed to it.
Jill: Where does email marketing fall in to all of this? Seems like it should be as important as the website in converting leads to sales.
Carol: Definitely. Email marketing is not a thing of the past; it is still a critical part of any effective marketing strategy. At AOPA, we find it effective to add marketing content to emails that our members are already expecting from us. It may be a renewal notice or an account reminder, but we include some effective marketing content that reminds our member to take advantage of another benefit we offer. People get so many emails. The more you can combine your messages into one email, the more likely you are to reach your customer.
Jill: Let’s talk a little bit about the sales team’s involvement in this process. Is it important for marketers to get buy-in from their sales team to develop these ads for print and online?
Carol: Yes. It is so important for marketing professionals to educate their sales counterparts on the importance of innovative marketing. Here at AOPA, we do our own media marketing and it’s very much a team effort with our sales force. We involve the sales team in the front end of the process when we’re developing the message, the images and the execution. When you involve the sales team early on, you ensure that the customer transition between marketing and sales is efficient. We want everything to be easy and seamless for the customer. You don’t want it to feel like a cold call when the sales team talks to the customer. The lead generation work that marketing efforts produce is very important, and the sales team wants to be involved and informed. They need quality information so they can successfully close the sale. We ask our sales team for copywriting input to ensure our ads have the right “voice”. Sales people understand the language that our customers speak. That comes in very handy for writing effective marketing material.
Jill: I’m glad you brought up understanding the customer. In addition to insight from your sales team, do you see value in engaging with customers in online forums and social media platforms?
Carol: Yes, I see value in online engagement. But I think it’s a very particular type of conversation. We use it to put ideas out there and to get a better understanding of our customers wants and needs as AOPA members. Online forums and social media sites aren’t the places for us to be “selling” our members a specific product. Forums are meant to be a place for open opinions, not blatant promotion. So yes, I think it’s an important way to gather customer insights, but it’s not a place for a sales pitch. We see social media as more of a customer service function rather than a direct marketing function.
Jill: Do you have any other advice for our readers who are looking to improve their print and online marketing strategy?
Carol: Be thoughtful and precise about your message. Be clear in how you write and what you say. Remember that people won’t give you more than a few seconds of their time for you to sell them something. They will, however, enjoy and appreciate a message that offers them new information or something of value. The offer and message you select and how you select them determine the success of your marketing campaign.
To improve your advertising even more, make sure you have a compelling value proposition. Here’s a useful guide with examples, a checklist, and more.
Leadership Q&A: Lee Benson, CEO of Able Aerospace Services
Lee Benson is CEO of Able Aerospace Services, a leading MRO provider of FAA approved replacement parts, repairs, overhauls and exchanges. He started his career as the first employee in a small company offering specialty electroplating services to repair aircraft components. In 1993, after the company lost virtually all of its business overnight, Lee purchased the entity and immediately deployed a vision to rebuild. He went on to found Able Engineering and Component Services in 1995 and Able Aerospace in 1999. In 2016, Able was acquired by Textron Aviation, Inc., a Textron, Inc. company, a global general aviation authority that includes 21 company-owned facilities dedicated to complete aircraft life-cycle support.
In January 2016, Lee spoke with BDN’s Kyle Davis to discuss a variety of issues that impact aerospace industry marketers.
BDN: The aircraft MRO market is crowded and highly competitive. How has Able been able to stand out, succeed and grow?
Lee: By having a relentless focus on being the best value alternative for our customers. Harmonizing all macro organizational functional groups around this goal is where the real magic happens.
BDN: Our Flight Manual readers are marketing professionals involved in aviation, aerospace and defense. With that in mind, how important has marketing been to your business success, and what is your strategic and tactical approach to marketing your products and services?
Lee: At Able we look at business generation holistically. Marketing’s job is to support all of the functional groups within Business Generation to better make profitable sales in a way that is always a win-win for our customers and Able. In our company, Marketing owns TAM (total addressable market), sales tool kits, brand, common approach to value proposition communication, email campaigns, websites, etc. Doing marketing right is extremely important!
BDN: Able has recently been purchased by Textron. In your estimation, did the strength of the Able brand play a role in Textron’s interest in the acquisition? Can you elaborate on that for our readers?
Lee: Part of Able’s vision is to be recognized as the industry leader for the services we provide. To do that we have to perform when it comes to customer experience (quality, delivery, communication, etc.) and total value delivered to each customer. We believe Able has fully earned this reputation based on the work we do and our brand has to match it. We have worked very hard on our brand guide over the years to this end. Our brand has to reflect the amazing experience customers have when working with us. I’m sure this helped with how Textron viewed Able prior to the acquisition.
BDN: What advice can you offer to people who are marketing and selling their products and services to businesses like Able? What is the secret to reaching and connecting with you in a meaningful and effective way?
Lee: It’s pretty simple — how are your products/services going to make Able measurably better? At Able we take the time to learn what’s important to each of our customers in how they run their businesses and measure success. Our job is to improve the overall results of our customers. Too may companies selling their products/services present only functionality/features/quality/price and leave it up to the buyer to connect the dots regarding how it will help their organization’s results measurably improve. Connect the dots for them!
BDN: What have been some of your most important lessons learned about marketing in your role as President and CEO of Able?
Lee: We have evolved over the years from just sending out email campaigns or brochures and hoping for the best, to making sure Marketing is doing only the most important work that drives measurable improvements in profitable sales. We stopped doing things a long time ago just because that’s what the competition is doing. If we can’t measure a positive result from doing it we stop doing it (or don’t do it in the first place). Marketing should intensely study what the front line business generation team members (outside sales, customer service, inside sales, etc.) are doing and come up with tools and processes that make them wildly more successful.
Sales Enablement: Expert Q&A
So far this month we’ve talked about inbound marketing, 14 types of content to engage audiences, and lead generation. Each of these activities is part of the lead nurturing process that moves prospects through the funnel toward the ultimate goal of becoming a closed sale.
Of course, clients don’t always come to us with a request to enable sales — sometimes a discussion begins with ideas for possible solutions to a different perceived problem. But when we confer and dig deeper, the desire to increase sales and revenue is usually what is driving everything, and that makes sense. After all, the purpose of marketing is to enable sales.
In this installment of the Marketing Flight Manual, Lisa Sifuentes, BDN’s Vice President of Client Services and resident sales enablement expert, answers some commonly asked questions.
Why does BDN care about sales enablement? Is it a buzzword or here to stay?
We care about sales enablement because it aligns with our core beliefs that: the purpose of marketing is to enable sales; marketing can and should be accountable for results; and marketing efforts can and should be measured. It is not a buzzword or a flavor of the month — sales enablement is what modern marketers can and should be doing. More importantly, it’s what today’s clients need, want and expect — results, in the form of sales and revenue.
What is sales enablement? Can you give some examples?
Sales enablement is a proven business process that involves activities that sales and marketing teams perform to help sales operate more effectively. Aberdeen Research has shown that leading organizations applying sales enablement techniques are seeing results such as:
- 99% overall team attainment of sales quota
- 9% advantage in year-to-year revenue growth over average companies
- 4% year-over-year growth in average deal size
Just imagine delivering results like these in your organization. It would clearly position you as a business expert, enhancing your credibility and increasing your influence of the marketing function.
What are the challenges associated with sales enablement?
One common challenge is in overcoming the status quo and introducing new ideas and ways or working. Also, effective sales enablement depends on a closely aligned sales and marketing team. These two organizations can no longer act as adversaries but must come together behind a clear and common goal that neither can accomplish alone. Read more about breaking down the wall between sales and marketing at Media Bistro.
Finding the time and resources to measure and track results can also be challenging for aerospace, aviation and defense marketers, but measurement is essential to success. Learn more about measurement in Marketo’s Definitive Guide to Marketing Metrics and Analytics.
What marketing technique(s) might BDN use to help enable sales?
We’ve covered several techniques in this series, but specifically we employ email marketing, content, thought leadership and marketing automation.
Wrapping things up – Can you give our readers three tips to get started?
The most important thing is just getting started, and it’s OK to take baby steps and increase your capabilities for sales enablement over time. With that in mind, here are three things to start with today.
- Make sure your sales team can find and easily deploy content available to them. Simplify the delivery process and communicate.
- A Customer Relationship Management System – get one.
- Content calendar. Have sales and marketing brainstorm types of content that might be useful to your target audiences. You know more than you think and just need to put forward the effort to draft and distribute helpful information and resources.
P.S. Last week we promised more information about how to nurture and guide prospects through the funnel to a closed sale and satisfied customer. Silverpop has a comprehensive white paper, “From Cold to Hot: Lead-Nurturing Programs that Generate Sales” that covers this important topic very well.
Don’t forget: Digital marketing is key to most lead-generation efforts. Download this useful digital marketing guide to learn more.
15 Free Resources for Smart Aerospace Marketers
We polled our staff, and asked everyone to share their go-to and must-read free resources with our readers and subscribers. Below is a list of BDN’s top 15 free resources for smart marketing. Do you have a favorite tool that we missed? Let us know!
Sales & Marketing Resources
Sales Benchmark Index: Several of us subscribe to this blog for its no-nonsense, results-focused approach to sales and marketing improvement. I look forward to receiving SBI’s actionable ideas and information about what really works, all based on research and data.
The Agency Post from Hubspot: This is pure gold. Yes, it’s designed for agency professionals, but I promise you’ll find it useful. Plus, its sister blogs for sales and marketing seem to know exactly what I need before I need it, and every topic is packaged and presented in just the right way.
Lenskold: Don’t waste time on vanity metrics. To master the art of marketing measurement, learn from the best. The Lenskold Group website is a bit dull, and it takes time to navigate, but it’s the place to be if you’re serious about marketing for results.
Unbounce: A favorite resource for landing page education, this company is really doing it right with content — and their sole focus is landing pages. One of their main contributors, Oli Gardner, is amazing in showcasing his personality because he’s just really honest about his expertise. Love it.
Contently: Smart content articles and resources. Very intrigued by the level of thought and examples used in the resources they offer.
Quicksprout: Real marketing advice that is actionable.
Convince & Convert Newsletter: Easy-to-digest digital marketing content delivered via email.
Digital Resources
Google Analytics: A great tool to analyze traffic coming to your website. Just by placing one snippet of code on a website, marketers are able to see the traffic numbers to their website, learn about where their traffic is coming from, and analyze visitors’ behavior on the website.
Google Alerts: By signing up for Google Alerts, a user can be notified when a news story is published about a particular company or topic. It’s a great way to monitor conversation on the Internet and identify trends and opportunities.
The Moz Toolbar: This handy toolbar provides a quick way to analyze a website for technical and SEO information. It offers insight into the on-page SEO elements (page title, meta description and keywords, etc) and the technical elements like the IP address of a page and the site load time.
HootSuite: Plan social posts and content ahead of time across multiple platforms with this social media tool. Also a great way to follow other social influences and social conversation relevant to your company.
SumoMe: Website plug-in that helps capture lead information by displaying advertisements strategically. SumoMe has various other features as well including HeatMaps, showing user hotspots on your website, and social sharing, helping to get your brand noticed.
Photo Resources
Wikimedia: This site, also from the Wikimedia Foundation, hosts all manner of media. Here’s an excerpt from their Welcome page: “Wikimedia Commons is a media file repository making available public domain and freely-licensed educational media content (images, sound and video clips) to everyone, in their own language.” It is not aerospace-centric, but has many aerospace-related items.
Google: Did you know usable, free, images are available from Google? On a page of search results, choosing “Images” as a category (below the search bar) will display images matching the search criteria. To narrow the search to free items, clicking on the “gear” button on the right side (in line with the categories), you select “advanced search” and in the resulting page, in the bottom-most field, labeled “usage rights” choose “free to use, share or modify, even commercially” from the drop-down menu. Then press the blue Advanced Search button — the result will be the same Images window as before, but the results should be usable per that search criterion. However, care should still be taken to review any usage requirements associated with each item, such as attributing the creator.
DoD: The go-to resource for military images. Be sure to fully understand usage rights and how the images may or may not be used for commercial or marketing purposes.
Bonus! Six More Photo Resources
Here are six more photo resources you may find useful, but remember, these are not free.
Airliners.net: You’ll find a nice variety of images and aircraft. Many tail spotter images, and loads of others, too. Good if you’re trying to find obscure aircraft. You work directly with the photographer. Cost per image is quite reasonable.
Air Team Images: Nice variety of images. Once again, good if you’re looking for specific make or model of aircraft. Team is good to work with, quite responsive, and costs are very fair.
Shutterstock: Good for general backgrounds, icons, and some aviation images. Image packs or subscriptions are available.
Ing Image: Some general aviation/aerospace images, and a good resource for contemporary people and environment photos. Purchase images through credit packs or subscriptions.
Corbis Images: Lots of aerospace images, not necessarily aircraft specific. Royalty-free images are available, but you need to watch for rights-managed and editorial-only usage requirements. Can be pricey. But you get what you pay for.
Getty Images: Beautiful, contemporary images. Lots of aerospace resources. Royalty-free imagery is available, but be aware of rights-managed usage and editorial-only imagery. Once again, depending on the image, it can be pricey.
11 Things Aerospace Marketers Can Do to Work Smarter, Not Harder
We hear it all the time. Aerospace marketers are overwhelmed and overburdened. Many are at wit’s end trying to deal with a never-ending barrage of requests, requirements and demands on their time.
We get it. Many aerospace companies have cut budgets and raised expectations. At the same time, tried and true marketing tactics keep changing, and learning new techniques and technologies is one more thing to do.
For those who are committed to making a change, there are ways to accomplish more without working more, just by approaching things differently. Here are 10 ideas to get you started.
1. Set Goals
Having goals gives you focus, and by focusing on the desired results you can stop spending time and money on things that won’t get you where you’re going.
Using BDN as an example, we set annual sales and marketing goals that link directly to revenue goals. We use a few Key Performance Indicators (KPIs), both behavioral and performance based, to monitor progress and identify challenges.
New Breed Marketing outlines a step-by-step goal-setting process here.
2. Have a Strategy and a Plan
There are lots of tools and tactics — many more than you have time or budget to support. Having a strategy linked to goals will keep you from veering off course. It also helps you spend more time working proactively and less time reacting to someone else’s priorities.
We have five strategic drivers and six tactical areas of focus. One of those is emphasizing content-driven inbound and nurturing techniques. This supports a strategic effort to further refine and build our expert aerospace marketing positioning. With the exception of travel, the majority of our marketing budget is now spent on content development and delivery.
It’s time to start planning for 2016 now. This handy template may help you.
3. Start Measuring
Based on goals, establish three to five KPIs and track them at regular intervals. Your tactics are either moving you toward your goals, or they are not. Aim over time to build a measurement program that shows a return on investment for marketing. But don’t let yourself get stuck in the paralysis by analysis trap.
BDN has dashboards that measure the effectiveness of specific tactics with an overall emphasis on engagement and conversion. We also track things like customer turnover, close rates and average value of sale.
Marketo’s Marketing Measurement Cheat Sheet is a good place to start learning more.
4. Take Ownership
The ability to measure and track success, including ROI, puts you in a position of authority with senior leadership and opinionated colleagues. When you own the Marketing function and are recognized as the authority, you’ll be in a strong position to say no to the many requests that just don’t support organizational goals. Don’t let them think of you as the person who does brochures. Be the person who drives revenue.
Our plan is our bible, and while it doesn’t mean we can’t adjust if warranted, there needs to be a well thought out and strategic rationale for changing direction. Just having a good idea isn’t good enough.
Hubspot offers actionable advice here.
5. Re-evaluate
Ignore anyone who tells you “we’ve always done it this way.” Evaluate every expenditure and every opportunity with a critical eye. Why are we going to this trade show or convention? What did we get from it last year? What do we plan to accomplish this time? Ask hard questions and require a return on every investment.
Our marketing starts with a completely clean slate every year. This year, for example, we attended a Schedulers and Dispatchers event for the first time, but that doesn’t mean it will automatically be on the schedule for 2016. We don’t worry about what other firms are doing or what the market expects. We carefully invest in activities that work and that support our specific goals.
For comparison and context, here’s how other B2B marketers are allocating funds.
6. Learn to Love Technology
It will help you with everything from project management to analytics to social media scheduling. For example…
7. Marketing Automation
We use it and we love it — because it works, and it pulls everything together, using data and measurement to assess effectiveness of campaigns. Marketing automation, according to the experts at Hubspot, is software and tactics that allow companies to nurture prospects with highly personalized, useful content that helps convert prospects to customers and turn customers into delighted customers. It’s both automated and personal, a seeming contradiction in terms, while also being highly targeted, making it ideal for aerospace marketers who usually have clearly defined targets. Slice and dice the audience in any way that works for you, whether it’s by the missions they fly, the aircraft in their fleet, or their role in the organization, the sky’s the limit.
Here’s an infographic that may help make automation easier to understand.
8. Lists
Database maintenance is tedious and time-consuming, yet it’s vital to marketing success. Sirius Decisions Research reports that 10-25 percent of B2B marketing database contacts contain critical errors, which translate into a lot of missed opportunities. Someone needs to own, update and be accountable for this data and the painstaking work required to do it right. According to CMO.com, high-performing marketing departments have assigned owners of the data, often part of the marketing operations function, and an ongoing plan for assessing and repairing data quality. Make this part of your long-term core strategy, they advise, and you’ll see positive results over time.
An upcoming edition of the Marketing Flight Manual will feature a BDN case study that clearly illustrates the importance of list building. You won’t believe what we learned and accomplished in just 30 days!
Suggestion: Lists, marketing automation and a robust Customer Relationship Management (CRM) system go hand-in-hand. Work closely with Sales (see No. 9) to maximize your chances of success.
9. Pay Attention to Your Website
Your website is the gateway to your brand. This is where buyers go first to learn about your company and capabilities, and it literally can make or break a sale. The Content Marketing Institute provides an eye-opening take on how websites can positively or negatively impact trust and credibility with B2B buyers.
If your website fails to make it easy for prospects to contact you and to quickly understand what you do, one-third to one-half of your potential buyers will leave and never return. As buyers ourselves, we should know how annoying it is to search a site for contact information, yet a lot of B2B companies still make it really hard to contact them. For an industry pulse, we checked the websites of a few firms listed on the Aerospace Industries Association website.
SAIC provides one phone number to reach corporate headquarters, but makes you fill out a form (a big no-no, according to the survey) for everything else.
Leidos makes it even harder – you have to fill out a form and select from a list of reasons you want to connect. They actually say, “Please select a reason for contacting us.”
Thales (USA) does not make anything easy to find, but if you dig deeply enough (under About Us and then US locations) you might eventually get what you need.
Embraer Hurray! A largely commercial company will surely be customer-friendly, right? Nope. Just one more form to fill out.
BDN As for BDN, we have a dedicated contact page that is featured in top-level navigation, making it easy to find without an exhaustive search. It does include a form, but we don’t force anyone to use it. Our phone, email and social media links are clearly presented and visible.
We randomly looked at a number of other industry websites and found no examples — not one — that provided contact information in an open, inviting, customer-friendly fashion. Our customers deserve better, and we as an industry should do better.
10. Partnerships
Externally, be open to partnering with complimentary businesses. Partnerships can act as force multipliers to help you extend your reach, budget and bandwidth. Consider the benefits of pooling data (See No. 7), sharing the cost of a mailing or sponsorship, or even raising your international profile.
Internally, make peace with the sales organization. By joining forces, sales and marketing can deliver a better sales experience and drive better results. A McKinsey survey provided insight into complex, multi-touch point sales processes, finding that the “most destructive” failing in sales is when the sales force lacks adequate product knowledge and contacts customers too frequently. The key is to have fewer, more meaningful customer interactions — and marketing can help shape that with the right content delivered at the right time — but it has to be a unified effort.
BDN has a well-defined sales funnel that mirrors how our customers buy, with key touch points, and our business development, sales and marketing teams are in lockstep, working as true partners toward a common goal. Learn more.
11. Get Help
Is it time to hire an outside marketing firm? This in-depth white paper examines the pros and cons of engaging external marketing resources and includes tips for finding the right fit.
Download the white paper here.
10 Unique Ways To Out-Market Your Competition
New technologies and techniques have the potential to revolutionize the way you market and sell your aviation industry products and services.
Here’s a list of 10 fresh ideas to inspire your transformation.
- Live Chat: Welcome customers to your website with a Live Chat feature to provide 24-hour support and assistance. It’s time for aerospace to leverage this capability, and customer service is an important differentiator.
- Product Reviews and Customer Forums: Inviting customers to publicly rate and discuss your products and services sends a powerful message about confidence and accountability. Worried about a negative review? Don’t be. It’s actually an opportunity to show the market how well you respond to customer issues and concerns.
- Flipbook: Our staff is high on Flipbook, a technology that can transform any digital page content into a virtual document where the pages turn on screen. It’s a quick and easy way to impress your prospects and the boss with interactive content that’s a cut above static PDFs. Ditch or minimize printed brochures — imagine how much you can save on printing and shipping: www.flipb.com
- CRM: Customer Relationship Management software brings accountability and transparency to the sales process. Used in conjunction with marketing automation, it’s a powerful way to attract, nurture and manage leads.
- Measurement: Having the ability to identify the marketing tactics that work best for your business is a really big deal, especially for resource-constrained organizations trying to do more with less. Be disciplined about gathering and analyzing data and stop investing in things that just don’t deliver.
- Interactivity: At AirVenture Oshkosh last month, several companies went the extra mile to provide customers with an immersive event experience. The Icon Aircraft exhibit featured a simulator, as well as iPads with special apps that allowed visitors to explore and learn about the product. And the Quest Aircraft website has a feature that allows visitors to design their own aircraft, including paint. See it here.
- 3-D: Say goodbye to boring banners and one-dimensional trade show graphics. Imagine how 3D printing could help you convey critical information and stand out from the crowd.
- GoPro: Give away a GoPro with every product you deliver, and ask customers to send you mission and operational footage. You’ll have a happy customer and a treasure trove of unique content for use on social media and other marketing channels. Of course, this isn’t right for every aviation company, but consider if it could work for you.
- Drones: Drones are being used by everyone from Amazon to dry cleaners, so maybe aviation marketers can use them, too. From capturing high-resolution video to drone-vertising products and services, just about anything is possible. A recent article in Adweek proclaimed that “having your brand associated with something so innovative and unexpected is a new kind of creative,” and “drones are a no-brainer.”
- Audio: White papers are used to provide factual information about complex products and services, so they are ideal for the aerospace marketing and sales process. A typical white paper is about 2,500 words, though, making it difficult for your growing audience of mobile viewers to view. Try providing them with a fresh option to access white paper content just as they would an audio book. They’ll be able to choose the format that works best for them while positioning your business as both up-to-date and customer-friendly.
You might also be interested in our other blogs: Military vs. Commercial: What to Know When You Market to Them Both or The Truth About Marketing to OEMs.
8 Best Practices for Email Marketing Success
It isn’t sexy. It’s often annoying. And everyone gets too much.
Even with three strikes against it, email can be a powerful and effective tool for aerospace marketing.
E-mail marketing is a permission-based communication tool and a good way to appropriately interact and engage with customers, partners, and prospects.
It can be personalized, targeted and tracked, is extremely cost-effective, and, unlike old school printed pieces, is quick and easy to produce.
The inbound marketing experts at Marketo advise that in order to be truly effective, your email marketing must be trusted, relevant, conversational, coordinated with other channels, and strategic. We agree.
For example, BDN used our own marketing automation system to send aerospace marketing professionals an eye-catching offer to help improve their marketing with a complimentary consultation. We were offering something of real value, and by presenting it in an authentic and credible way while cross-promoting through social media, we gained audience attention and interest. We were able to track those who opened the email, those who clicked through to our website, and, of course, those who requested a consultation. The result? Three qualified leads, two sizeable new clients, and a growing list of prospects for future communication and nurturing.
If you use email marketing in a thoughtful and responsible way, the customers will come. But an unfocused, shoot-from-the hip approach will do more harm than good, alienating or angering your potential buyers. Here are 8 best practices to guide your first or next campaign.
Determine the goals of email communication. Setting goals for each email will guide your selection of content and metrics.
Build an acquisition strategy. How will you build a list? Develop a plan for how the email list will grow organically over time. For example, visitors to the BDN website are invited to subscribe to our blogs and other content of interest. As this happens, our list grows.
Determine a content plan. What will you say, when, and why? Make sure everything is connected to your goals, strategy and audience needs. This blog, for example, is part of an overall content plan and calendar that was mapped our earlier this year.
Email should be portable, personal, and prescriptive. Make sure that the emails display well on mobile devices and tablets; and eliminate the term “click here,” because clicking is a desktop action. Personalize your emails to increase engagement. Keep messages short and to the point, and always provide valuable information and clear call to actions.
Email layout should be simple and consistent. Emails with a single column focus and large calls to action tend to perform best. Always include relevant pre-header text to spotlight your key message or call to action.
Get creative with email strategy. Be creative about when you send emails and interact with customers. Aerospace marketers can make trade shows more productive, for example, by using timely email to generate interest in advance of events, drive attendance, and even schedule meetings with prospects.
Ask customers what they want. Don’t be afraid to ask the customers how many emails they would like. Stop sending emails to people who just don’t care.
Be ethical. Research CAN-SPAM laws and make sure that your emails are compliant. Honor opt-outs promptly.
Access these resources for additional information about email marketing: Really Good Emails, HubSpot, Marketo
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