Strategically managing resources and knowing when to invest or pull back is vital for any business's well-being. This is particularly crucial when collaborating with a paid advertising company to fuel your brand growth. But how can you determine what aligns with your goals and what doesn't? This is where a marketing strategist can step in to assist.
In this blog post, we’ll discuss the role of a marketing strategist, the advantages of partnering with an agency that offers this level of expertise, and explore how your contribution margin will benefit.
\n Marketing strategists are like the grandmasters of marketing. They dedicate their time to researching, analyzing, developing, and communicating strategic plans. But who exactly is this person at a digital marketing agency? This role is typically a senior team member who has expertise in all digital marketing areas and can envision how each managed channel—regardless if a customer is currently contracted for it or not—can work together to improve a customer’s campaign performance and overall bottom line.
Partnering with a digital marketing strategist means you’re opening the door to a higher level of ad campaign optimization by leveraging their expertise to achieve broader business objectives. We’ll illustrate this with an example.
Imagine you’re an established eCommerce company looking to expand your reach. You believe venturing into paid social could boost your contribution margin, but you're not clear on how it would align with your business objectives. The paid advertising company you’re partnered with already runs your paid search, so it just makes sense to inquire about their paid social advertising capabilities.
You reach out and they connect you with their marketing strategist, which kicks off a conversation to best understand your request, revised business goals, and what you’re hoping to get out of adding the new channel. The strategist starts by clarifying the differences among paid social, paid search, and other paid media outlets, and provides their expertise as to whether this marketing channel aligns with your business goals and ad budget.
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\n Having a marketing strategist by your side ensures clear communication between the paid advertising company and your business. Together, you embark on a journey to uncover which digital marketing strategies have worked in the past and pinpoint areas needing more attention to better achieve your business goals. Here are some advantages you’ll experience when you partner with a digital marketing agency that has this level of expertise at the ready:
\n Like a great round of Tetris, a marketing strategist carefully analyzes data, market trends, and pain points to plan deliberate moves and determine the optimal course of growth for your business. Their ability to analyze campaigns, accounts, and cross-channel marketing efforts from a metaphorical 30,000-foot view enables this type of expert to find long-term opportunities and scale your brand efficiently.
A marketing strategist also looks to the future realistically. They know your goal is to maximize profitability, and will let you know if an idea or channel isn’t ideal for your goals and why. This collective approach helps maximize your contribution margin and path for growth.
For example: Before you venture into upper-funnel tactics like paid social or programmatic, your strategist may advise that you make sure your ideal customer profile (ICP) and/or buyer personas are solid. From there, they can help identify which channels can most effectively reach those audiences and at which stages of their buying journey. This will in turn help your agency to develop and execute campaigns and account updates to ensure your ads reach the right shoppers.
Driving profitability and growth are the main goals for every eCommerce business—and a marketing strategist knows this. They focus on capitalizing on opportunities and refining campaign optimizations to ensure that every dollar is spent wisely.
Our number one goal is to provide greater accountability and performance to our customers. We strongly believe that the digital marketing strategies we use to increase traffic, improve campaign monetization, and boost contribution margin allow our eCommerce customers to experience continuous, sustainable growth.
We pride ourselves on working closely with each customer to find the best approach to fit their specific business needs. Measuring success through metrics like operating profit, not just ROAS, equals greater accountability, integrity, and honesty—and that’s what Omnitail is all about. Learn more about the power of trust in the customer-paid advertising company relationship.
When you're ready to boost your contribution margin with a tailored marketing strategy, our paid advertising company is here to help. We have seasoned marketing strategists at the ready who have a deep knowledge and understanding of the market and digital marketing channels. Give us a shout today to learn more.
Connect with an Omnitail analyst and see what profit-driven marketing can do for your business.
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