Category:

Google Reviews

March 15th, 2022 by

For a long time now, Google reviews have been the deciding factor for many consumers. The trustworthiness of your entire business rests on those few words that you can expect from someone who has never even met you! This is why it’s so important to be proactive about how we manage our online reputation.

The TopLine Growth team knows just what to do when it comes down to creating and maintaining good standing with customers through solid customer care services as well as building positive relationships with them by providing excellent service every step in the way. We know exactly where people are looking at their phone or computer screen while they’re browsing your website; this means getting more traction starts here: taking action today will give us a chance tomorrow!

Google reviews have become a powerful tool for brands to generate more trust from customers as well as increase their traction. A major advantage of Google Reviews is the feedback loop and customer intelligence that can be gained through them, which helps business owners stay in tune with what people are looking for when it comes to your products or services. Google reviews are the new customer surveys.

No matter what, a Google review should be taken as an opportunity to better communicate with your customers and make sure they’re happy! If you get a negative review on top of that? Don’t worry – we’ve got ALL the tips for how to handle it like pros at TopLine Growth: We will work closely with your team on how to address all reviews, both good and bad until satisfaction has been reached. At TopLine Growth, we know all the ins and outs of the Google Review process, how to respond, and increase your overall online reputation for your business.

Market After Covid

March 8th, 2022 by

After the chaotic year we have all experienced, many people are feeling uneasy about returning to business as usual. Many businesses had to shut down per state government mandate and it was out of their control. The TopLine team has been working hard since day one on how they can help these struggling companies bounce back strong in order for them not only to stay afloat but also thrive after COVID-19 is but a distant memory.

Some key takeaways from our strategists at TopLine:

Improve your online presence and reputation by increasing your Google reviews
Rebrand your business from mass emails to new menu design… get inspired because people are itching to get back to normal!
Bolster your social media presence. If we know one thing, it is that people are engaged in many different social platforms. Gain traction today on social media with TopLine’s help today!
Call us at TopLine, we have ideas for all your business needs to get you back on track
We cannot wait to help your business grow and succeed making the COVID-19 pandemic a memory of the past. Call us or book an appointment today to chat about marketing schemes after COVID.

Web Designing Services

March 1st, 2022 by

If you want to have a successful business, creating an easy-to-use website should be at the top of your list. This makes it easy to use and ensures that it updates regularly with new information about your company’s products and services. Website redesigning and managing might seem like an easy task because it is just typing in text into the computer. However, without knowing what works best for SEO, your website will not show up on Google or Bing searches. This means that people can miss out on your informative website altogether.

It becomes even more crucial when thinking about social media sites such as Facebook. If someone likes your page, then visits directly from their newsfeed, your website is where they will find out all sorts of information. This includes product pricing and availability. If your website and information are not up to mark, your potential customer would likely be discouraged, and you will lose their business.

Your website is an important factor to consider since it also contributes to the impression that customers will inform about your business. As such, it must be well designed and contain all necessary information to convince them that you are their best choice for purchasing or investing in what they need, want, or desire.

At TopLine Growth, our website experts provide opportunities for you to get first place on your competitor’s websites. We can help you win the business of almost every potential customer that visits your site. Our experts incorporate a responsive website design that will work for any screen size and device to grab your customer’s interest. We use high-resolution images and video so that your business is portrayed in the best possible way. We also work to ensure that visitors to your website leave impressed and informed and are always ready to make their purchase.

How To 3X Your Marketing ROI

February 22nd, 2022 by

Alright, today we’re going to go over our thesis of how you can leverage data and technology to triple your marketing ROI. So, what that essentially means is that for every one dollar that you spent in marketing, you’re putting three in your pocket to the bottom line. That’s essentially what we help businesses do, and today I’m going to explain how we do it. Mainly by being smart, using the data from your customers, and some more of modern approaches.

So, the first thing we need to do is calculate your metrics. How much is a customer worth to you? It has two different components to do it, the first is the lifetime customer value which is the average purchase value (how much they spend when they come to you) multiplied by the average frequency rate, and then times the average lifespan of the customer. So, frequency is how often they come per year, and then [00:01:00] average lifespan is how many years they stay with you. Taking that on an example, you have a hundred dollars average spend, times 10 visits per year, times five years, is $5,000.

A lot of times, clients will come to me and say you know, my average spend is all over the place, frequencies are all over the place, and that’s okay. That’s going to be every business, every customer is going to be different, and so the easiest way to do it to look at a bell curve. So you have the meat in the middle and the two ends get smaller and smaller. We want to look at the median, in the middle, not the average. Averages are skewed a lot by outliers. So if we look at the median, which is the most common number of occurrences, that’s going to give you a better idea of what that average value is, rather than the arithmetic mean. So use that, that will help a lot. [00:02:00] It will give you an idea of the middle of the bell curve.

So back to our lifetime customer value. One new customer is, in this example, worth a gross amount of $5,000. So every time you have a new customer come to this lifecycle, on average, they are worth $5,000 to your business. So then, what does that mean going out further from the customer is the value of a lead. That’s going to be the lifetime customer value (what they can potentially be worth to you) times the gross profit margin (how much are you keeping at the end of the day) and what’s your close ratio. So if you’re speaking to this person, how many of them are coming in? One out of ten, one out of five, one out of two? In this example, we’re going to say fifty-fifty, and the gross profit margin is 30%, times the $5,000 lifetime customer value, you’re looking at a $750 lead value.[00:03:00]

So then if you want to break-even you can afford to spend this much on acquiring a new customer. This is really useful for whenever you go to marketing, you’re making decisions. You know that “I can afford to spend this much to break-even.” But we’re not here to break-even, you wouldn’t be watching this video if you just wanted to break-even. So, what we do then is divide that by three, because there’s going to be your 3x ROI, and you’re now at two hundred fifty dollars.

Focusing on this is where you want to look for your standard, $250. This means that anytime you can acquire a customer for that amount on average (obviously it’s not a one for one) but on average. If you can get one of these $5,000 customers for $250, you are tripling your money based on these metrics. [00:04:00]

The next thing we want to do is determine the top customers, because this is going to help us get to that $250 and lower, and bring in more profitable customers. The criteria are:

  • Who spends the most money?
  • Who’s the most profitable?
  • And who is the easiest to deal with?

If you can find someone in the middle, that’s your holy grail there. These are the customers you most want to have in your business, because they are going to give you the most profit, the least headaches, and really help you figure out who you should be working with.

I like to use a story of Target, they have a lot of data on their customers. They have loyalty cards, online commerce, and a lot of data on their customers so that they can make some pretty crazy determinations. One of them is a story about a girl who was a frequent Target customer,

[00:05:00] and she started getting ads for pregnancy-related items. And what Target had done was used the data they have from all their different customers to determine, based off the purchases she’d been having recently, she was very likely to be pregnant.

What they had done before that was to determine that this is going to be one of the most valuable, profitable customers they can have just because of all the things that come with that. Whether it’s diapers, or formula, or high chairs, or a crib, whatever it is. This is one of the most profitable customers they can find. So they found a way to figure out who’s pregnant before anyone else knew.

The funny part of the story is that they started sending these ads to this girl, and the parents saw these and got very upset at Target for insinuating that their perfect daughter could be pregnant, and lo and behold, she [00:06:00] actually was. They knew it before the parents knew it, and that’s using the data. Because they found out who is the most profitable and spends the most money with them.

So once you start to figure out who these people are, you want to dig even deeper. Their demographics, you know, age, where they are from, geography, all of the things that you can put towards a person. What their job is, as much as you can figure out, then you would want to go deeper, the psychographics. Some of their feelings, or views of the world, or anything else you can do to really get in their head and understand who this person is, how they think. What moves them? Who influences them? Who do they look up to?

All these different things really start to help you paint a picture to get and attract them. Find them. Behaviors and interests is another one you know. What do they like? What are their interests? [00:07:00] What do they spend their time doing? How do they behave themselves?

So once you can dig really deep into who they are and how they think, you can match them and really connect your messaging with them. So that, when you tell your customers what you do, and why is worth it to them, and why they should work with you and be your customer. It really speaks to them as a person, their problems, their fears, their drives, desires, all those different things really connect with them on a deeper level because you know who they are, and you took the time to figure out who you should spend time in figuring that out for. Because that takes a lot of time and you can’t do that for everybody. But if you can figure out who is most worth it to do that for, then you’re going to be using your time most wisely.

So the next is applying this to your business. How do you determine who these customers are?

[00:08:00] How do you actually do that? I just talked about “what you’re doing” but, “how do you actually do it? You can do it manually, or you can do it data-driven.

Manually is just kind of hypothesizing, and saying “ think these people do this” and “this type of person is like this” and maybe doing a little research on the internet. Say “these people have these common factors.” Maybe doing some interviews with some of your better customers or “what customers do you like working with?” Maybe asking some other people in the industry, related industries, and then starting to paint that picture of who these people are.

Manually is what people have always done in the past. Traditionally  that’s all you could really do. But today with data, you can bypass a lot of that and just like the data speak for itself. We’ll get into how you can collect some of that data and get access to that, but for now just know that there’s two different ways to do it. Either way will work, you just need to work on figuring out who these people are.

It also taps into the [00:09:00] Pareto principle. Like I said, you know, it takes a lot of time to do these things, so you want to find the 20% of your customers who bring in 80% of the business. Same thing, you can apply this Pareto principle to anything. You’ve probably heard of it, but you could say that the 20% spent on these type of customers is going to bring you 80% of the benefit.

Do that for the next bullet point, 80/20 how do you reach them? Where’s the 20% of channels that’s going to bring you 80% of these types of top customers? Just start thinking in terms of that, and you’re not going to get hung up on every single last one. You’re going to say where am I going to get the most bang for my buck? That’s how we focus on things here at TopLine Growth.

So, the next one is determining your channels. Again keep that 80/20 principle, in mind. Where do your ideal customers congregate? Are they online? Offline? Both? Which ones in each of those do they like to do? What websites? What platforms? [00:10:00] What places? You know, where are these people hanging out?

Once you do your research and you figure out who are they, where do they like to go, you can start making some hypotheses and some assessments to say, “Here’s where I know they are.” Or ask them and you can start to see some commonalities and patterns, you know. Some of the clubs, organizations, groups, channels, they’re going to be somewhere, if you look you can see, because these people are like-minded, in one regard or not, if you can find those interest like we talked about before, that means that there’s going to be other people with those interest, and you’re going to be there reach them.

Another thing you are going to want to look at is where you have access. Is there anything that you have access to that other people don’t? Any unfair advantages? Maybe in your industry, or your contacts? Or some kind of access that other people don’t. You’re going to want to look there first because you have an advantage.

Visibility, are actually able to find them? [00:11:00] Is it something you can search for? Scrape data on? Are you actually able to see these people? You need to ask yourself that when determining which channels are right for you. That’s what this is all about, it’s assessing, you know, what’s the best way to get in front of these ideal customers that you want to talk to?

Another question is, what does your content cater to? So, whatever your business is in, does it make sense to be, or lend itself most to images, video, text? Which one of these is best for your business, you know, if you’re in some kind of a restaurant, do the images work better? If you’re in some kind of sporting event, or something similar, “would video be the best for me?” You have to determine that. So is it text? Which one of these is best for what you do and how can you connect to these channels? Last one that I like to ask is, are you an authority? Do you have any credibility or experience in any of these channels [00:12:00] where you can leverage that, and get better access to these ideal customers?

Once you start to suss these out and say, “these are the ones that make the most sense to me based on these questions,” then we are going to want to start assessing that. So, will your message actually reach them in this channel? How can you get it to reach them? What’s the cost that you’re going to reach them? CPM is a good measurement (that is cost per thousand impressions) what cost per thousand impressions are you paying? If it’s more than $20, it’s probably too expensive, unless you have a really high closing rate, and that’s a different story. Usually somewhere between $4 and $20 is pretty good. Obviously lower is better.

Is this the best way to reach these people? You got a bunch of different channels, but is there one that’s out-performing any of the others? If that’s the case, do you double down or diversify? If you have one that’s working really well, you probably [00:13:00] want to double down on it, if it’s not that much better, it’s time to diversify and say “let’s try this other one.” Which is placing small bets, you know. If they’re all pretty equal, then start parsing out into new different channels, and see if you can get too good results from that. Then start doubling down on the best ones.

Then, just like in the financial services world, rebalancing. You’re going to want to assess those on a monthly or quarterly basis to see, “alright which ones of these are making me the most money?” Because remember, the entire goal of this, is to triple your marketing spend. For every one dollar you spend, we want three to the bottom line.

So second last thing is going to be the beauty of data, this is where I talked a little bit about getting the data for the approach of the research. There’s lots of different spots that you can get it from. If you have an email list of your customers, a CRM, [00:14:00] (customer relationship management tool) like salesforce or Hubspot that you use to keep track of your customers. You’re going to get lots of good gold in there. Google Analytics for your website is going to have people in there. Facebook has a ton, especially if you’re using their advertising platform, then you’re going to get insight into a lot of data about these people, and you can start looking for patterns, and ways to connect the dots.

The other one that we really like and we’re big fans of is customer-facing apps. Think about your Starbucks or Chipotle, or Chick-fil-A. All have these customer-facing apps where you can make purchases, you get loyalty points. They incentivize you to use them. But at the end of the day, they’re collecting data on you to see how good of a customer are you to them? So when you go and scan the app before your purchase, now they know how much you spent there. They know how often you come, and they can start marketing to you. They can put push notifications out there to [00:15:00] entice you to come by, and they start to build a profile around who you are. Then they can say “should we dedicate resources to this person?”

Once you have the data, the next thing you want to do is interpret it. Search for patterns. What dots can you connect? If you look at your top customers, what do they have in common? That’s where you can start to use the data rather than your hypotheses or just opinions, and say, “Alright, all these people are my top customers and they all have x, y and z in common.” This is probably not a mistake and something that should be paid attention to, and that you’ll want to explore further.

Even with the data, you’re still going to have to pose some hypotheses and seek confirmation through the data. Like I said, you’re searching for patterns, connecting dots. “Who spends the most?” Is an example but you would also want to go down below that because there could be other niches within that to see who spends the most, and what are those people have in common?

You want to build a [00:16:00] full profile and not just the list of your top customers. It’s a full profile of who this person is, what they believe, what they think, how they feel, or you know, do they have family? As much as you can to paint that full picture. Now when we go back and we create that messaging, it’s going to connect with them on a much deeper level. And that’s where your $1 will turn to $3, as opposed to losing money.

Last thing is going back out in the marketplace, some of our favorite places to leverage the data. Facebook audiences, because they have multi-billion dollar algorithms to figure out who these people are and connect those dots for us. You can go in, and this is something we use all the time, is the lookalike audiences, and searching for behaviors of these different people.
There’s a reason why they’re worth something like $800B I think they’re up to. There’s a reason for that because they have the data.

Google [00:17:00] search queries is another one, because you can see a lot of the buying intentions behind people. And if you can rank for those, or purchase those in the bid/ad auction, then you going to be able to leverage your data better. Go for more obscure niches and search queries that aren’t so expensive.

And then the last point should leverage your data is in decision-making. So when your business decisions of who you want to cater to, you know, what will these pay off? Who should I hire for this? Any decision that is important can be bolstered with data behind it to see if you are serving your top customers. Or if it’s an area that you want to be in you can use the data to help you with those decisions. So those are the big three places or where we like to use our data. And then in conclusion, steps, very simple.

  • Determine your metrics, that we did in the first part
  • Figure out who your are dream customers are. Who do you really, really want to go after? [00:18:00]
  • Find out how to most effectively and affordably reach them. Those are your channels. Where do you have access? Where are you an authority? What does your business most connect with? What type of content?
  • And then rebalancing and assessing those channels on a frequent basis, to make sure that they’re still the best.

Then you’re going to support your decisions with data, like we said in the previous slide. Use the data to confirm and help you make decisions, and then use it as well to go onto the marketplace and find ideal customers.

And last thing I’ll leave you with this, if you’re looking for help on any of these steps, or anything in your marketing strategy, that’s exactly what we do here at Topline Growth. We are all about taking that $1 of marketing and turning it to $3, and we’ll be happy to help you do the same.

If you have questions, you can always email me at [email protected], and I will be happy to work with you and help you out the best I can, until then, talk to you.

References

February 15th, 2022 by

It´s not easy (but you knew that already). Evidence from research* for example published in diverse HBR articles indicates two primary reasons why those who have achieved a senior leadership role may fail to realise their full potential. Those deductible reasons are the isolation which can be inherent in a leadership role and the fact that senior leaders have fewer opportunities to continue to learn and to develop themselves compared to the earlier stages of their corporate career. Sounds familiar? Let´s quickly examine the facts:

A degree of detachment from direct contact with customers and what is happening on the ground is a typical problem in complex organizations and makes it increasingly difficult to access important information and insights. You have to rely on your reports, but to what extent can you trust them to do what you need them to do? Do you really know what they think and say about you? In the end, leaders of complex organisations are at risk of becoming detached from the teams they serve and may find themselves having to do much of their most important thinking in isolation. This degree of detachment eventually becomes troublesome when it eventually starts impacting their ability to filter, reflect and prioritize information and make the right decisions.

As an experienced leader you have dealt with complex problems like this in the past, so naturally you rely on yourself and feel confident that you can overcome detachment or other leadership problems. Yet, the powerful personal traits which have enabled high flyers like you to get to the top may need to be modified in a leadership role. Put differently, “what brought you here doesn´t always get you there”. This realization often leads to a loss of direction and a sense of frustration or a limited sense of fulfilment from the success achieved and the goals that you have accomplished already.

So what is the answer to these challenges?
We believe that it is essential for leaders to have the opportunity to engage in critical reflection and genuinely collaborative conversation at this stage of their career. In fact, our clients often tell us that through our executive coaching they have experienced the most significant conversations they have ever had about themselves.

Here is why:
First, we make it our business to acquire an intimate understanding of the specific character of your organisation and the issues which are unique to you and to your situation.

Then, our team of executive coaches deploy a range of effective and proven coaching tools, offer incisive questioning and, where appropriate, constructive and considered challenges.

During this process we fully acknowledge the need for confidentiality and careful boundary-setting which comes with leadership and it is an essential feature of our executive coaching.

In the end, we offer you as a leader your own personal reflective space in which you can safely explore the roots of your own thinking and perceptions, thus enabling you to unfold and surface your own solutions.

Executive coaching is growing rapidly because it is desperately needed. As qualified and accredited executive coaches we are committed to supporting high flyers, working always with unconditional positive regard and adhering to the highest ethical standards. You may be an entrepreneur, a professional at the top, a Board member, a partner in a firm, an executive leading change and organisational renewal or a high net worth family member facing succession issues. You may be facing complex professional and/or personal issues or challenges. Regardless of your exact background there is one thing that you have in common: You are ready to turn a chapter and unlock your full potential.

Please contact us to speak to one of our team of executive coaches to find out how we can help you and your organisation. We believe that it is essential that you have complete confidence in the executive support you choose, so would always wish to have an exploratory conversation with you, entirely without obligation. We want you to be quite sure before you start working with us that this will be the right move for you.

We look forward to the conversation.

*See for example: Ron Ashkenas in the Harvard Business Review Article “The problem with executive isolation” or Harvard Business School Working Paper: “The Effectiveness of Management-By-Walking-Around: A Randomized Field Study” published by Anita L. Tucker and Sara J. Singer

Marketing Strategies

February 8th, 2022 by

It’s not easy to start a business, but we can take your company from the ground up. We work with startups and established companies alike – if you want help getting to the top line, call us today!

When it comes down to starting or growing a business that people will love enough for them all over social media is talking about how great they are – there’s no need for any more convincing than what TopLine does day in and out.

Marketing is the most important tool for any business to get their name out there and make a profit. For small businesses, it can be difficult with less visibility and lack of resources like time or budget that is where the TopLine team steps in and helps.

The saying “know thy customer” has never been more true than in the business world. Know your audience and how to reach them, so that you know what they want from you before they do! If your company stays focused on singular goals and objectives, then it will be your competitive advantage. It’s important to understand the power of existing customers: your company needs to show these people why your business matters. We at TopLine, have a skilled team ready to help you and your business achieve success.

Guide

February 1st, 2022 by

Guide Content.

SEO Services

January 25th, 2022 by

You may have come to this page wondering, why do I need SEO services? We will educate you on what these SEO services are exactly. And why they can be so beneficial for your website in terms of marketing strategies.

SEO is the abbreviation for “search engine optimization.” What does that mean? It means having a website with optimized pages, and they appear higher on search engines like Google, Bing, or Yahoo. SEO services vary in their specifics, but many of them include things such as keyword research, site analysis, and feedback. We offer link building to increase your domain’s authority through quality links from other websites, content development, which includes creating articles and blog posts about topics relevant to your business niche – all aimed at attracting targeted organic traffic.

At TopLine Growth, we know what it takes to get your website ranked and stay there. Our expert marketing team has over 20 years of combined experience in SEO services and knows that keyword optimization is just the start. We provide a wide range of digital marketing solutions for businesses looking to grow their online presence quickly through increased web traffic – without breaking the budget!

Our skilled experts will dedicate themselves to helping you rank higher on Google. At TopLine Growth, we can ensure that no stone goes unturned during site audits or link-building campaigns. In addition to standard ranking tactics like content creation and internal linking strategies, we also offer innovative approaches such as social media management. As the saying goes, “nothing is more powerful than a great idea whose time has come,” so let us help you brainstorm that perfect strategy for your business today!

Innovative techniques are part of what makes TopLine Growth stand out from competitors. We not only provide traditional methods, but we go above and beyond with creative solutions tailored just for you. With all the innovations in marketing coming up constantly, it can be hard to know how best to approach them – leave it up to us!