Marketing Tips

3 Reasons Growth Marketing is the Best Strategy (and Why You Should Let Us Help!)

If there’s one way you can add revenue to your bottom line quickly, then growth marketing is your strategy. Growth marketing is an increasingly on-demand skill, and for very good reasons. 

So what is growth marketing anyway?

Let’s make it easy for you to understand. You see, traditional marketers buy ads online to make TV commercials. Growth marketing, on the other hand, is savvier because a growth marketer focuses on the entire customer sales funnel.

One of the most notable traits of growth marketers is how unrelenting they are when it comes to their pursuit of gains, whether big or small. In this post, we’ll look at three reasons why your business needs marketing growth strategies.

1. High Turnover Rates

Earning new customers is no easy feat. In fact, it can be quite expensive.

However, what most businesses fail to realize is that retaining existing customers is much cheaper. Hence why they don’t make customer retention a priority. The results are high customer turnovers.

This impacts the business in several ways. These include lowering the annual revenue, decreasing growth rate, and minimizing customer value. If you’re struggling to keep clients, then acquiring more is even harder.

2. Unmatched Insights Into Customers

You can get valuable information on your target market from different stages of the buying funnel. This will show you the results of your growth marketing efforts.

A growth marketer will acquire user data through website analytics, digital marketing, user account activities, and user surveys, among others. They’ll make the best use of such data to build a detailed approach in retaining customers and expanding your reach.

3. Customers Are Taking Non-Linear Buying Journeys

Given that most people are shopping online, they’re using non-linear buying journeys across smartphones, tablets, and desktops. It’s imperative to know and understand how modern consumers work if your business is going to make it.

Hire a Growth Marketer Today

Now that you understand what growth marketing is and how it can help your company, allow a professional growth marketer to help you make the most of your business. With the expertise of a professional growth marketer, it’s possible to grow your business and find unlimited opportunities.

Would you like to read more insightful content? Keep visiting our website.

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Opportunity Marketing will occasionally feature articles from guest authors where we feel the content adds value to our readers.

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LEEDS CHILDREN’S CHARITY


RESULT: 21% UPLIFT IN FUNDRAISING INCOME AND A MUCH WIDER AWARENESS OF THE CHARITY HAS SAFEGUARDED ITS FUTURE.

 

Scenario

The Leeds Children’s Holiday Camp Association was one of the oldest charities is Leeds, but was struggling to generate funds with low awareness and potential funding grants reducing.

Solution

Opportunity Marketing created a marketing strategy for the charity which involved a complete rebrand and a wider income focus on corporate and individual supporters and donators.

“Opportunity Marketing is a highly creative and inventive marketing company that has produced ideas and a strategy to promote and raise the profile of the business in the most effective manner. We have always found them to be friendly and efficient, whilst giving absolute priority to the best interests of the business.”

Verlie McCann
Leeds Children’s Charity

PRESTIGE COURT

 

RESULT: 70% OCCUPANCY WITHIN 6 MONTHS AND 100% OCCUPANCY WITHIN 12 MONTHS.

 

Scenario

Prestige Court were a newly refurbished office provider on the outskirts of Leeds.  They had failed to fill a single office in 8 months of trading and the financial drain of the empty building on the landlord was reaching a critical stage.

Solution

Opportunity Marketing researched and analysed the marketplace and developed and implemented a marketing strategy to attract and convert a high number of clients to the offices.

“Opportunity Marketing helped us to identify our target market and clearly define our proposition.  I am pleased to say they delivered the results within the promised timescales.”

Pat Gilligan
Prestige Court

STAY SOURCED

 

RESULT: 45% SALES GROWTH OVER THE LAST 3 YEARS.

 

Scenario

Stay Sourced had been trading for three years within very difficult market conditions where many companies had been going out of business.  Stay Sourced were growing at a slow rate (6%) and were relying purely on referrals for new clients.  They needed to be proactive in order to achieve their ambitious growth plans.

Solution

Opportunity Marketing created a marketing plan, which clearly defined how Stay Sourced should be uniquely positioned in the marketplace and how to create a pipeline of new clients in addition to the organic growth it was achieving.

“We are delighted with the results Opportunity Marketing are achieving and, put simply, over the last 3 years, they have become our marketing department.”

Ben Rosenberg
Stay Sourced

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