The Big Think Revenue Generator™
Generate Awareness
Expand the sections below to see how we think about this component:
Strategy/Planning
- Clarify targeted market segments
- Decide on marketing strategies for each segment
- Plan viral expansion strategies into the business model and product
- Use growth hacking principles to expand awareness
- Decide on tactics to accomplish each strategy
- Create a marketing calendar that identifies when each marketing campaign/piece is deployed as well as who is responsible for the deployment of each
- Document all decisions and approaches in a marketing plan
- Place the marketing plan online and give access to anyone contributing to or affected by the plan
- Update the plan at least monthly with new plans and lessons learned
Success Metrics
- Target percentage of ideal market is aware of the company’s name
- Target percentage of ideal market can identify your company by the logo or unique design element
- Target percentage of ideal market is aware of at least one of your offerings
- Target percentage of ideal market is aware of all of your offerings
- Number of media mentions in targeted media outlets
- Number of positive media mentions in targeted media outlets
- Number of negative media mentions in targeted media outlets
- Accuracy of media coverage
- Reach of media coverage
- Reach of awareness generation strategies
- Unique relevant visitors to website who viewed x number of pages
- Increase in traffic after a marketing piece is deployed
- Click-through rate on advertising
- Percentage of people engaging with content in the connect phase who are from your target market segment(s) (high potential prospects)
Key Activities
- Marketing planning/strategy development
- Track marketing effectiveness at generating awareness
- Implement marketing campaigns/programs
- Perform a brand audit
- Conduct interviews/surveys to determine market’s awareness
Processes/Systems
Example Processes (there are many more)
- Event production
- Advertising
- Social media posting and management
- Public Relations (getting media mentions, etc.)
- Media content analysis to determine subjects of interest
- Editorial survey to determine the media’s understanding of your company
- A-B split testing different messages and message elements
Systems
- Mass email system
- Online survey tools
- Online advertising platforms, such as Google AdWords