This is a 300-level inbound marketing blog post. If you need a rundown of inbound 101, click here for a quick overview.
But now you’re convincing them of something new and exciting. You want them to adopt inbound marketing as the company’s primary marketing strategy.
CEOs can be like grizzly bears: big, scary, and difficult to convince not to eat you.
To properly “sell” inbound marketing to your CEO, you have to use one of the primary tenets of inbound itself: sell it in a way that makes them want to buy in.That means we’ll be focusing on three things:
- Making their life as easy as possible
- Why they need it – benefits for them/the company
- What do they need to implement it
Let’s get started.
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Detail what will be needed for implementation. This includes what kind of talent you’ll need, at least a basic strategy, budget outline, and necessary tools.Inbound marketing covers a lot of bases – you may need a graphic designer, a writer, a manager, a social media expert, an SEO guy, and a coffee slave. Depending on the size of your company, you might need more or fewer people than that.
Familiarize yourself with common resources and tools – the biggest CMS, CRMs, and SEO tools are good places to start.A large amount of prep work is necessary if you want your CEO to take your idea seriously. Here’s why.
It shows you’re serious about your proposal. Why should your CEO care if you couldn’t even bother to print out a page of stats? Do the legwork – show you’re willing to do what it takes to push your idea through.You look more prepared, and you are more prepared. Your CEO will have some tough questions about inbound marketing. This is going to be a big marketing change. You have to be ready to put your money where your mouth is.
They’ll appreciate that all the info is laid out for them. “Man, this employee is great! They’ve done all the work for me! I’m giving them a $10/hr raise and donuts every morning!”Maybe they won’t be thinking that exactly, but you’ll definitely earn some exec points for taking that weight off their shoulders.
Of course your CEO will be doing their own research and outlining their own plans after you leave. That doesn’t mean your prep work is useless.
What They Care About
41% of CMOs/CEOs report inbound marketing generated the positive ROI they sought last year. (HubSpot) Click to Tweet!
Inbound marketing costs 62% less than traditional marketing, yet each dollar spent on inbound marketing generates 3x as many leads. (Demand Metric) Click to Tweet!Most business see their ROI soar when they switch to inbound marketing. That’s because traditional tactics are more expensive and much less likely to generate leads.
Spending less money to get more customers means more money for your CEO, more money for the company, and ultimately (hopefully) more money for you.
Some of the big KPIs include cost per lead, organic search traffic, and customer acquisition cost.Inbound marketing’s cost per lead and customer acquisition cost is significantly lower than outbound’s.
See the statistic above, and the fact that businesses save $20k/year on average by investing more in inbound. Click to Tweet!One of the major reasons inbound marketing exists is to drive more organic search traffic to websites. All inbound marketing components (SEO, PPC, blogging, content marketing, etc.) contribute to your search engine rankings.
The better your rankings, the more organic search traffic you’ll get.
Leads and ConversionsInbound marketing produces more leads and conversions at a lower cost (remember: $20k/year on average).
It works by providing data, information, education, etc. that actually matterto your website’s visitor.
If your website can speak to its visitors’ goals, frustrations, and motivations, that visitor is more likely to trust you and give you their contact information…And come back to you when it’s time to purchase.
Brand AwarenessOf course, brand awareness is always a major marketing goal. Awareness matters a lot to your CEO, as well. (More exposure ultimately means more sales, after all.)
Aside from increased sales, brand awareness also contributes to equity, customer loyalty, retargeting, and it affects KPIs (lower customer acquisition costs).Inbound marketing increases awareness by putting your brand where buyers are looking. That means a good social media presence, activity on forums and Q&A sites, and making your website a font of knowledge that spills out onto the web.
All of that contributes to your overall inbound strategy.
ReputationNot only can inbound give you an exposure boost, but it can also impact your online reputation.
As your CEO may know, it’s incredibly easy to acquire a negative reputation. An angry review and a few unresponsive minutes can completely crash and burn your brand. (Just ask these companies who had unforeseen crises on social media.)Not to mention, you can quickly build a reputation for being an annoying seller by putting pop ups and banner ads on any site that will have you.
Inbound avoids the annoying interruption marketing, at the very least. It can’t do much about bad employees or hackers, but it can give you the experience to handle an online emergency when one pops up.
CEOs value being able to show results to investors, their boards, and other important entities. The good news is: inbound marketing is chock full of measurable information.The results of SEO and PPC campaigns, social media efforts, blog posts, and more are easy to acquire and distribute.
And you can view all kinds of metrics – website traffic, conversions, impressions, sales, pageviews, link clicks, and more. If there’s a piece of data you want, you can get it.
Business GrowthInbound marketing can help you grow your business.
Everything we mentioned above – SEO, PPC, blogging, and more – attracts visitors, buyers, and influencers.Growing your business requires some hard work, sweat, and getting the planets to align. All you need is the right person to see your site at the right time.
That’s why inbound marketing emphasizes getting the right content to theright people in the right place at the right time. Inbound is your planetary alignment — if you put the pieces together correctly, serendipity will strike.
Impact on Bottom Line & Company GoalsPut all of these things together. What do you get?
You get a major impact on your bottom line.No matter what your CEO is trying to achieve – more sales, more donations, more sign ups, more people – inbound marketing will take you there.
That’s one of the greatest things about inbound: no matter your goals, it will work for you.
Why You Need Inbound
81% of shoppers conduct online research before making a purchase. (MineWhat) Click to Tweet!
80% of business decision makers prefer to get company information in a series of articles versus an advertisement. (CMI) Click to Tweet!
84% of 25-to-34-year-olds have left a favorite website because of intrusive or irrelevant advertising. (HubSpot) Click to Tweet!Let’s think about that last statistic for a second. The vast majority of Internet-savvy individuals will leave their favorite site because of intrusive advertising.
Let’s be real: your website is probably not even close to their favorite. Why would they stay on your site if your marketing is intrusive or irrelevant?Spoiler alert: they won’t.
As for the other statistics, everybody is now online. We immediately turn to Google to research products that can fix our problems or fill a hole in our lives. We go through their buyer’s journey, in which we return to Google multiple times for more information.
Your website is more likely to show up on Google if you blog, optimize with keywords, and fill your site with high-quality content. You're more likely to gain social media followers and engagement if you post frequently, with relevant and useful information.You have to show up in search, on social media, and start building a treasure trove of valuable content. And those are only three components of many in an effective online marketing strategy.
Why does it work?Inbound marketing reaches your best buyers where and when they want to be reached. That makes a huge difference in making a sale. If your target is already open to buying from you, all you need to do is be there. To learn more about targeting people who are likely to buy, download this beginner's guide to Buyer Personas.
You'll be doing none of that intrusive, interruptive, irrelevant advertising. You’ll be offering relevant, valuable, sought-after information to your best audience.Of course, you’ll be working hard behind the scenes to make it look effortless. You’ll be putting those hours into blogging, social media, search, and more to make sure you show up when you need to.
Inbound marketing isn’t a quick or easy solution. It takes time to build, and money to pay the people to work and the tools to function.Think of it like an apple tree: you have to plant the seed, water it, and nurture it over time to be able to eat the fruit. And, maybe some deer will try to eat it while it’s growing. Then you have dinner until the fruit is ripe.
Inbound marketing is simply better for your company. At the end of all your research, your CEO should see it, too.
Be diligent in gathering your data and building your case. Doing that legwork can go a surprisingly long way in convincing the higher ups.
Go forth, be persuasive, and good luck.