Description

Book Synopsis


Table of Contents

Introduction 1

About This Book 2

Foolish Assumptions 2

Icons Used in This Book 3

Beyond the Book 3

Where to Go from Here 4

Part 1: Marketing In A Thriving Consumer Culture 5

Chapter 1: Understanding Consumer Values and Mind-sets 7

Assessing the New Consumer Culture 8

Understanding the current marketing environment 9

Addressing a complex consumer mind-set 10

Bridging Generational Gaps 11

Creating Trust Equity in a Low-Trust Society 12

Building trust in a less-trusting world 13

Building relationships around a common purpose 15

Improving Customer Journeys for Sustainability 16

Making It Real and Keeping It Fun 19

Chapter 2: Triggering the Psychology of Choice for Lifetime Value 21

Connecting with Customers in Times of Fear and Uncertainty 22

Address feelings — don’t avoid them 23

Show consumers how you’ll protect them 24

Reward your customers 24

Be transparent and truthful to a fault 24

The Universal Influencers of Human Behavior 25

Triggers of the unconscious mind: The real driver of choice 25

Psychological triggers that drive sales 28

Understanding the Basics of Human Psychology 34

Freud’s personality theory 34

Jung’s personality theory 35

Tapping into Social Influencers 36

Authority 36

Social proof 37

Reciprocity 37

Scarcity 38

Appealing to Consumers’ Happiness and Purpose 39

Putting It All Together 41

Chapter 3: Engaging Experiences and Journeys That Drive Sales and Loyalty 43

Moving from Reactive Customer Service to Proactive Customer Experiences 44

Creating Experiences Around Personal Relevance 45

Applying Technology for Memorable Customer Experiences 47

Using artificial intelligence 47

Succeeding without expensive apps and systems 48

Taking Customer Experience Beyond Service 49

Powering results with personalization 49

Aligning with customers’ values 50

Providing options to round out experience 50

Updating your toolbox 51

Creating Customer Experiences Around Brand Communities 53

Start a forum and invite the right people 54

Spark meaningful conversations and creative opportunities 54

Mapping Out a Touchpoint Journey from Introduction to Lifetime Value 55

Part 2: Building A Strategy For LTV and ROI 59

Chapter 4: Laying a Foundation for Growth 61

Measuring the Growth Rate of Your Market 62

Monitoring market and economic indicators 62

Responding to a flat or shrinking market 64

Finding Your Best Growth Strategies 65

Develop innovative GTM strategies 65

Grow what you have for higher profitability 67

Building on a Market Segmentation Strategy 69

Developing a Market Share Strategy 71

Define your metrics 71

Establish a benchmark 71

Do the math 72

Enhancing Your Positioning Strategy 73

Defining your position 73

Aligning your positioning strategy with growth initiatives 74

Changing Your Mind-set 74

Chapter 5: Researching Your Customers, Competitors, and Industry 77

Conducting Research That Delivers Actionable Insights 78

Monitoring social chatter to better understand your customers 79

Following relevant blogs 81

Gathering Information about Market and Consumer Trends 81

Paying attention to information resources 82

Uncovering what really drives your customers 82

Preparing Effective Surveys to Ensure You Get Accurate Insights 83

Determining the right format for the metrics you need 84

Defining your objectives 85

Using clear, concise wording 86

Understanding Some of the Technical Stuff 87

Net Promoter Score 87

Level of confidence 89

Paying Wisely for Market Research 90

Getting feedback from prospects without purchasing expensive lists 90

Using low-cost and free ways to build knowledge 91

Staying on Top of Social Trends 97

Chapter 6: Creating a Winning Marketing Plan 99

Getting Started on a Launch or Growth Plan 100

Defining your business 100

Mapping out your action plans 106

Setting a budget 108

Considering Pricing Strategies 110

Pricing opportunities and obstacles 110

Avoiding the dangers of deep discounting 111

Mastering the Psychology of Pricing 112

Pricing to address perceptions 113

Framing prices 114

Creating Your Controls or KPIs 115

Conducting a SWOT Analysis 115

Finding your strengths 116

Addressing your weaknesses 117

Looking for opportunities 117

Focusing on functional alternatives, or threats 118

Mapping out your SWOT grid 119

Winning with Collaboration and Corporate Social Responsibility 121

Sharing is caring (and good for business) 121

Teaming up on CSR 122

Leveling Up in More Ways Than One 123

Monitoring and reacting to trends 124

Developing the customer experience 125

Mapping Out Your Action Steps 126

Step 1: Complete a situational analysis/summary 127

Step 2: Establish your benchmark 127

Step 3: Define your goals 127

Step 4: Take note of lessons learned 127

Step 5: Outline your strategy 128

Step 6: Commit to action items 129

Step 7: Build learning plans 129

Projecting Expenses and Revenues 130

Preparing for economic influences 130

Coming up with a reasonable budget 130

Chapter 7: Content Marketing and Marketing Content 133

Getting the Gist of Content Marketing 134

Separating content marketing from marketing content 135

Creating content that engages 135

Channeling your content 136

Leveraging influencer sites 137

Creating a Credible Content Marketing Plan 138

Performing a communications audit 138

Getting your content read 140

Producing Compelling Marketing Content 141

Essential elements of content 141

Writing tips for better results 143

Sparking interest with user-generated content 146

Giving Ad Content Greater Stopping Power 147

Be consistent 148

Be as persuasive as possible 148

Be professional 149

Part 3: Executing Across Channels 151

Chapter 8: Creative That Engages the Mind 153

Assessing Your Current Creative 154

Conducting a creativity audit 154

Questioning (almost) everything 154

Defining Your Creative Strategy 156

Building your creative elements 157

Coloring your creative psychologically 157

Using brand iconology 160

Writing words that work 161

Crafting a Sustainable Brand Identity 163

Writing a Creative Brief 165

Goals 165

Offers and promises 165

Supporting statements 165

Tone or persona 166

Emotional drivers 166

Wannabe profiles 167

Color palette 167

Golden triangle pattern 167

Constraints 168

Execution 168

Applying Creativity to Branding and Much More 169

Creativity and product development 169

Simple ways to spark new ideas 170

Chapter 9: Optimizing Digital and Social Tools and Tactics 175

Getting Familiar with the Channels Customers Use Most 176

Using Facebook for engagement that builds sales 177

Building your Twitter presence 182

Igniting your social media presence with Instagram 183

Expanding your network through LinkedIn 183

Promoting your brand with Pinterest 185

Developing Digital Tools That Drive Brands 186

Podcasts 187

Webinars 189

Online courses 192

Videos 193

Online review sites 195

Giving to get more 196

Using Automated Customization to Work Smarter and Faster 198

Chapter 10: Embracing the New Age of Advertising 201

Advertising on Social Media 202

Harnessing the Power of Facebook, Instagram, and Messenger Ads 202

Setting up on the YouTube stage 206

Advertising on LinkedIn 208

Advertising with Mobile Apps 209

In-app advertising 209

App advertising platforms 210

Winning with Sponsored Content 211

Editorializing your content page placements 212

Using e-newsletter placements 212

Sponsoring third-party content 212

Exploring Digital Banner Advertising 213

Getting attention with banner and pop-up ads 213

Retargeting consumers with banner ads 215

Making the Most of Print Advertising in a Digital World 217

Community channels for print advertising 217

Industry publications 217

Elevating Your Brand with Broadcast Advertising 220

Television advertising 220

Radio advertising 222

Tips for producing TV and radio spots 223

Investing in the Basics behind Successful Advertising 226

Part 4: Powerful Ways To Build Sales Through Email, Websites, and SEO 227

Chapter 11: Building Individual Value with Mass Personalization 229

Grasping the Basics of Direct Marketing 230

Understanding the Elements of Successful Direct Marketing 231

Data matters 232

CRM matters 235

CRM systems 237

Messaging matters 238

Creating Direct Campaigns for Direct Profitability 240

Encouraging customers to take action 241

Building effective email lists 244

Prepping Your Email Campaigns for Success 246

Setting up triggered emails 247

Implementing personalized emails 248

Improving Print Open Rates 248

Testing Your Direct Marketing 249

Telemarketing: To Call or Not 251

Chapter 12: Building an Engaging and Winning Website 253

Building Out the Elements of a Successful Website 254

Clearly defined goals and calls to action 254

Easy-to-follow navigation 255

Clean and inviting design 257

Meaningful content that adds value 257

Interaction that pulls visitors into your brand story 260

Direct relevance 261

Creating and Managing a Web Identity 262

Aligning with what customers expect to see 263

Expanding your web imprint 265

Crafting a Website That Drives Engagement and Sales 266

Integrating key design elements 266

Minding your KPIs 269

Driving Traffic and Conversion with Content 273

Keeping content fresh and timely 273

Making claims verifiable 273

Asking engaging questions 274

Maintaining critical content categories 275

Putting It All Together for the Perfect Website 276

Using website builders 276

Finding quality imagery 277

Chapter 13: Succeeding with Affordable SEO Strategies and Tactics 279

Understanding the Basics of SEO 280

Figuring out how Google searches the internet 280

Growing organic and paid SEO 281

Curating keywords 281

Making links 283

Playing tag 285

Landing Pages and Blogs 286

Optimizing SEO with Google Ads 288

Setting up your Google Ads account 288

Creating your first Google Ads campaign 289

Driving Traffic and Sales with Google My Business 292

Setting up your Google Business Profile 293

Creating a profile that stands out 293

Managing your results 294

Remaining Relevant and Current in SEO Rankings 295

Online resources with updated insights 295

Additional tactics for more SEO results 296

Part 5: Setting Your Brand Up For Sustainable Sales 297

Chapter 14: Leveraging Networks and Events 299

Harnessing the Power of Social Hives 299

Growing your network with customer referrals 300

Hosting customer events that inspire engagement, loyalty, and referrals 301

Expanding your imprint with client advisory boards 304

Launching Your Own Public Event 305

Hosting events with meaning 305

Funding and monetizing your event 306

Getting help managing your event 306

Supporting Third-Party Events 307

Getting behind cause-related campaigns and events 307

Sponsoring fundraising events 308

Finding a good fit 309

Maximizing Trade Show ROI 310

Locating trade shows 311

Building the foundation for a good booth 312

Selecting space on the expo floor 313

Getting people to your booth 313

Chapter 15: Tuning In to the Right Sales Channel 315

Setting Up a Successful E-commerce Program 316

Rising above the competition 316

Fulfilling orders and delighting customers 317

Curating customer experiences online 317

Converting online traffic to sales 317

Upping your SEO rankings 318

Increasing shopping cart fulfillment rates 319

Understanding Your Options 320

Building your own e-commerce store 320

Paying someone else to do it for you 322

Setting Up Third-Party Digital Storefronts 322

Selling with eBay 323

Selling with Amazon 324

Considering Off-line Distribution Strategies 326

Understanding Channel Structure 329

Preparing for Successful In-Store Selling 330

Creating an inviting store vibe 330

Stimulating sales at point of purchase 331

Chapter 16: Prospecting and Selling for ROI 335

Exploring Proven Prospecting Tactics and Tools 336

Prospecting tactics that work 337

Prospecting tools that generate leads 337

Selling for a Lifetime 339

Calculating lifetime value 339

Understanding the importance of customer loyalty 341

Getting to Yes via Emotional Selling Propositions 343

Defining your process 344

Establishing SME status to bolster sales 345

Prioritizing Your Pipeline 347

Categorizing each opportunity 347

Sorting by emotional triggers 347

Consultative Selling and Account-Based Marketing 348

Tactics for consulting with consumers 348

Tips on consultative selling 349

Relying on account-based marketing 350

Creating Sales Presentations with ESP Power 350

Inform, involve, inspire 351

Tell your brand story 352

Respond to problems 352

Organizing and Managing Your Sales Force 353

Determining how many salespeople you need 353

Hiring your own salespeople or using sales reps 354

Compensating your sales force 355

Part 6: The Part of Tens 357

Chapter 17: Ten Common Marketing Mistakes (And How to Avoid Them) 359

Making Assumptions 359

Ignoring Customer Complaints 360

Faking Popularity 360

Using Dirty Data 360

Competing on Price 361

Ignoring the Emotional Drivers of Choice 361

Forgetting to Edit 361

Offering What You Can’t Deliver 362

Treating Customers Impersonally 362

Blaming the Customer 362

Chapter 18: Ten Ways to Measure Results (Beyond ROI) 363

Establish Clear Objectives 363

Tie Your Metrics to Your Objectives 364

Set Learning Priorities 364

Establish a Target ROI 364

Know Your Customer Lifetime Value 365

Know Your Allowable Customer Acquisition Cost 365

Establish Benchmarks 365

Turn the Funnel Upside Down 366

Adjust Your Funnel Benchmark Assumptions When You Have Real Data 366

Avoid the Dashboard Trap 366

Index 367

Marketing For Dummies

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    Order before 4pm today for delivery by Mon 27 Jul 2026.

    A Paperback / softback by Jeanette Maw McMurtry

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      Trusted by thousands of customers. See 2,385+ Customer Reviews

      View other formats and editions of Marketing For Dummies by Jeanette Maw McMurtry

      Publisher: John Wiley & Sons Inc
      Publication Date: Publication Date: 10/11/2022
      ISBN13: 9781119894872, 978-1119894872
      ISBN10: 1119894875

      Description

      Book Synopsis


      Table of Contents

      Introduction 1

      About This Book 2

      Foolish Assumptions 2

      Icons Used in This Book 3

      Beyond the Book 3

      Where to Go from Here 4

      Part 1: Marketing In A Thriving Consumer Culture 5

      Chapter 1: Understanding Consumer Values and Mind-sets 7

      Assessing the New Consumer Culture 8

      Understanding the current marketing environment 9

      Addressing a complex consumer mind-set 10

      Bridging Generational Gaps 11

      Creating Trust Equity in a Low-Trust Society 12

      Building trust in a less-trusting world 13

      Building relationships around a common purpose 15

      Improving Customer Journeys for Sustainability 16

      Making It Real and Keeping It Fun 19

      Chapter 2: Triggering the Psychology of Choice for Lifetime Value 21

      Connecting with Customers in Times of Fear and Uncertainty 22

      Address feelings — don’t avoid them 23

      Show consumers how you’ll protect them 24

      Reward your customers 24

      Be transparent and truthful to a fault 24

      The Universal Influencers of Human Behavior 25

      Triggers of the unconscious mind: The real driver of choice 25

      Psychological triggers that drive sales 28

      Understanding the Basics of Human Psychology 34

      Freud’s personality theory 34

      Jung’s personality theory 35

      Tapping into Social Influencers 36

      Authority 36

      Social proof 37

      Reciprocity 37

      Scarcity 38

      Appealing to Consumers’ Happiness and Purpose 39

      Putting It All Together 41

      Chapter 3: Engaging Experiences and Journeys That Drive Sales and Loyalty 43

      Moving from Reactive Customer Service to Proactive Customer Experiences 44

      Creating Experiences Around Personal Relevance 45

      Applying Technology for Memorable Customer Experiences 47

      Using artificial intelligence 47

      Succeeding without expensive apps and systems 48

      Taking Customer Experience Beyond Service 49

      Powering results with personalization 49

      Aligning with customers’ values 50

      Providing options to round out experience 50

      Updating your toolbox 51

      Creating Customer Experiences Around Brand Communities 53

      Start a forum and invite the right people 54

      Spark meaningful conversations and creative opportunities 54

      Mapping Out a Touchpoint Journey from Introduction to Lifetime Value 55

      Part 2: Building A Strategy For LTV and ROI 59

      Chapter 4: Laying a Foundation for Growth 61

      Measuring the Growth Rate of Your Market 62

      Monitoring market and economic indicators 62

      Responding to a flat or shrinking market 64

      Finding Your Best Growth Strategies 65

      Develop innovative GTM strategies 65

      Grow what you have for higher profitability 67

      Building on a Market Segmentation Strategy 69

      Developing a Market Share Strategy 71

      Define your metrics 71

      Establish a benchmark 71

      Do the math 72

      Enhancing Your Positioning Strategy 73

      Defining your position 73

      Aligning your positioning strategy with growth initiatives 74

      Changing Your Mind-set 74

      Chapter 5: Researching Your Customers, Competitors, and Industry 77

      Conducting Research That Delivers Actionable Insights 78

      Monitoring social chatter to better understand your customers 79

      Following relevant blogs 81

      Gathering Information about Market and Consumer Trends 81

      Paying attention to information resources 82

      Uncovering what really drives your customers 82

      Preparing Effective Surveys to Ensure You Get Accurate Insights 83

      Determining the right format for the metrics you need 84

      Defining your objectives 85

      Using clear, concise wording 86

      Understanding Some of the Technical Stuff 87

      Net Promoter Score 87

      Level of confidence 89

      Paying Wisely for Market Research 90

      Getting feedback from prospects without purchasing expensive lists 90

      Using low-cost and free ways to build knowledge 91

      Staying on Top of Social Trends 97

      Chapter 6: Creating a Winning Marketing Plan 99

      Getting Started on a Launch or Growth Plan 100

      Defining your business 100

      Mapping out your action plans 106

      Setting a budget 108

      Considering Pricing Strategies 110

      Pricing opportunities and obstacles 110

      Avoiding the dangers of deep discounting 111

      Mastering the Psychology of Pricing 112

      Pricing to address perceptions 113

      Framing prices 114

      Creating Your Controls or KPIs 115

      Conducting a SWOT Analysis 115

      Finding your strengths 116

      Addressing your weaknesses 117

      Looking for opportunities 117

      Focusing on functional alternatives, or threats 118

      Mapping out your SWOT grid 119

      Winning with Collaboration and Corporate Social Responsibility 121

      Sharing is caring (and good for business) 121

      Teaming up on CSR 122

      Leveling Up in More Ways Than One 123

      Monitoring and reacting to trends 124

      Developing the customer experience 125

      Mapping Out Your Action Steps 126

      Step 1: Complete a situational analysis/summary 127

      Step 2: Establish your benchmark 127

      Step 3: Define your goals 127

      Step 4: Take note of lessons learned 127

      Step 5: Outline your strategy 128

      Step 6: Commit to action items 129

      Step 7: Build learning plans 129

      Projecting Expenses and Revenues 130

      Preparing for economic influences 130

      Coming up with a reasonable budget 130

      Chapter 7: Content Marketing and Marketing Content 133

      Getting the Gist of Content Marketing 134

      Separating content marketing from marketing content 135

      Creating content that engages 135

      Channeling your content 136

      Leveraging influencer sites 137

      Creating a Credible Content Marketing Plan 138

      Performing a communications audit 138

      Getting your content read 140

      Producing Compelling Marketing Content 141

      Essential elements of content 141

      Writing tips for better results 143

      Sparking interest with user-generated content 146

      Giving Ad Content Greater Stopping Power 147

      Be consistent 148

      Be as persuasive as possible 148

      Be professional 149

      Part 3: Executing Across Channels 151

      Chapter 8: Creative That Engages the Mind 153

      Assessing Your Current Creative 154

      Conducting a creativity audit 154

      Questioning (almost) everything 154

      Defining Your Creative Strategy 156

      Building your creative elements 157

      Coloring your creative psychologically 157

      Using brand iconology 160

      Writing words that work 161

      Crafting a Sustainable Brand Identity 163

      Writing a Creative Brief 165

      Goals 165

      Offers and promises 165

      Supporting statements 165

      Tone or persona 166

      Emotional drivers 166

      Wannabe profiles 167

      Color palette 167

      Golden triangle pattern 167

      Constraints 168

      Execution 168

      Applying Creativity to Branding and Much More 169

      Creativity and product development 169

      Simple ways to spark new ideas 170

      Chapter 9: Optimizing Digital and Social Tools and Tactics 175

      Getting Familiar with the Channels Customers Use Most 176

      Using Facebook for engagement that builds sales 177

      Building your Twitter presence 182

      Igniting your social media presence with Instagram 183

      Expanding your network through LinkedIn 183

      Promoting your brand with Pinterest 185

      Developing Digital Tools That Drive Brands 186

      Podcasts 187

      Webinars 189

      Online courses 192

      Videos 193

      Online review sites 195

      Giving to get more 196

      Using Automated Customization to Work Smarter and Faster 198

      Chapter 10: Embracing the New Age of Advertising 201

      Advertising on Social Media 202

      Harnessing the Power of Facebook, Instagram, and Messenger Ads 202

      Setting up on the YouTube stage 206

      Advertising on LinkedIn 208

      Advertising with Mobile Apps 209

      In-app advertising 209

      App advertising platforms 210

      Winning with Sponsored Content 211

      Editorializing your content page placements 212

      Using e-newsletter placements 212

      Sponsoring third-party content 212

      Exploring Digital Banner Advertising 213

      Getting attention with banner and pop-up ads 213

      Retargeting consumers with banner ads 215

      Making the Most of Print Advertising in a Digital World 217

      Community channels for print advertising 217

      Industry publications 217

      Elevating Your Brand with Broadcast Advertising 220

      Television advertising 220

      Radio advertising 222

      Tips for producing TV and radio spots 223

      Investing in the Basics behind Successful Advertising 226

      Part 4: Powerful Ways To Build Sales Through Email, Websites, and SEO 227

      Chapter 11: Building Individual Value with Mass Personalization 229

      Grasping the Basics of Direct Marketing 230

      Understanding the Elements of Successful Direct Marketing 231

      Data matters 232

      CRM matters 235

      CRM systems 237

      Messaging matters 238

      Creating Direct Campaigns for Direct Profitability 240

      Encouraging customers to take action 241

      Building effective email lists 244

      Prepping Your Email Campaigns for Success 246

      Setting up triggered emails 247

      Implementing personalized emails 248

      Improving Print Open Rates 248

      Testing Your Direct Marketing 249

      Telemarketing: To Call or Not 251

      Chapter 12: Building an Engaging and Winning Website 253

      Building Out the Elements of a Successful Website 254

      Clearly defined goals and calls to action 254

      Easy-to-follow navigation 255

      Clean and inviting design 257

      Meaningful content that adds value 257

      Interaction that pulls visitors into your brand story 260

      Direct relevance 261

      Creating and Managing a Web Identity 262

      Aligning with what customers expect to see 263

      Expanding your web imprint 265

      Crafting a Website That Drives Engagement and Sales 266

      Integrating key design elements 266

      Minding your KPIs 269

      Driving Traffic and Conversion with Content 273

      Keeping content fresh and timely 273

      Making claims verifiable 273

      Asking engaging questions 274

      Maintaining critical content categories 275

      Putting It All Together for the Perfect Website 276

      Using website builders 276

      Finding quality imagery 277

      Chapter 13: Succeeding with Affordable SEO Strategies and Tactics 279

      Understanding the Basics of SEO 280

      Figuring out how Google searches the internet 280

      Growing organic and paid SEO 281

      Curating keywords 281

      Making links 283

      Playing tag 285

      Landing Pages and Blogs 286

      Optimizing SEO with Google Ads 288

      Setting up your Google Ads account 288

      Creating your first Google Ads campaign 289

      Driving Traffic and Sales with Google My Business 292

      Setting up your Google Business Profile 293

      Creating a profile that stands out 293

      Managing your results 294

      Remaining Relevant and Current in SEO Rankings 295

      Online resources with updated insights 295

      Additional tactics for more SEO results 296

      Part 5: Setting Your Brand Up For Sustainable Sales 297

      Chapter 14: Leveraging Networks and Events 299

      Harnessing the Power of Social Hives 299

      Growing your network with customer referrals 300

      Hosting customer events that inspire engagement, loyalty, and referrals 301

      Expanding your imprint with client advisory boards 304

      Launching Your Own Public Event 305

      Hosting events with meaning 305

      Funding and monetizing your event 306

      Getting help managing your event 306

      Supporting Third-Party Events 307

      Getting behind cause-related campaigns and events 307

      Sponsoring fundraising events 308

      Finding a good fit 309

      Maximizing Trade Show ROI 310

      Locating trade shows 311

      Building the foundation for a good booth 312

      Selecting space on the expo floor 313

      Getting people to your booth 313

      Chapter 15: Tuning In to the Right Sales Channel 315

      Setting Up a Successful E-commerce Program 316

      Rising above the competition 316

      Fulfilling orders and delighting customers 317

      Curating customer experiences online 317

      Converting online traffic to sales 317

      Upping your SEO rankings 318

      Increasing shopping cart fulfillment rates 319

      Understanding Your Options 320

      Building your own e-commerce store 320

      Paying someone else to do it for you 322

      Setting Up Third-Party Digital Storefronts 322

      Selling with eBay 323

      Selling with Amazon 324

      Considering Off-line Distribution Strategies 326

      Understanding Channel Structure 329

      Preparing for Successful In-Store Selling 330

      Creating an inviting store vibe 330

      Stimulating sales at point of purchase 331

      Chapter 16: Prospecting and Selling for ROI 335

      Exploring Proven Prospecting Tactics and Tools 336

      Prospecting tactics that work 337

      Prospecting tools that generate leads 337

      Selling for a Lifetime 339

      Calculating lifetime value 339

      Understanding the importance of customer loyalty 341

      Getting to Yes via Emotional Selling Propositions 343

      Defining your process 344

      Establishing SME status to bolster sales 345

      Prioritizing Your Pipeline 347

      Categorizing each opportunity 347

      Sorting by emotional triggers 347

      Consultative Selling and Account-Based Marketing 348

      Tactics for consulting with consumers 348

      Tips on consultative selling 349

      Relying on account-based marketing 350

      Creating Sales Presentations with ESP Power 350

      Inform, involve, inspire 351

      Tell your brand story 352

      Respond to problems 352

      Organizing and Managing Your Sales Force 353

      Determining how many salespeople you need 353

      Hiring your own salespeople or using sales reps 354

      Compensating your sales force 355

      Part 6: The Part of Tens 357

      Chapter 17: Ten Common Marketing Mistakes (And How to Avoid Them) 359

      Making Assumptions 359

      Ignoring Customer Complaints 360

      Faking Popularity 360

      Using Dirty Data 360

      Competing on Price 361

      Ignoring the Emotional Drivers of Choice 361

      Forgetting to Edit 361

      Offering What You Can’t Deliver 362

      Treating Customers Impersonally 362

      Blaming the Customer 362

      Chapter 18: Ten Ways to Measure Results (Beyond ROI) 363

      Establish Clear Objectives 363

      Tie Your Metrics to Your Objectives 364

      Set Learning Priorities 364

      Establish a Target ROI 364

      Know Your Customer Lifetime Value 365

      Know Your Allowable Customer Acquisition Cost 365

      Establish Benchmarks 365

      Turn the Funnel Upside Down 366

      Adjust Your Funnel Benchmark Assumptions When You Have Real Data 366

      Avoid the Dashboard Trap 366

      Index 367

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