Episode 59

The Benefits of Investing in a Strong Digital Marketing Strategy for Manufacturers

Manufacturers must understand that the digital age has changed the way business is done, and an effective digital marketing strategy is essential for success. By utilizing a comprehensive approach to reach customers, manufacturers can create an engaging experience that drives sales and increases brand loyalty.

I invited Bridget Kane-Ferrigan, Marketing Manager at Fair Rite Products Corp, as a guest on the Mind The Innovation Leadership podcast. Bridget shares her insights on why manufacturers need to focus on their digital marketing strategy.

Host

Sannah Vinding

Guest

Graham Kilshaw

Episode

E59

Key takeaways

Manufacturers must adapt to the digital age by creating a comprehensive digital marketing strategy that includes personalized content and targeted messages to engage with their audience and build lasting relationships.
Manufacturers can use blogs, infographics, videos, webinars, and other content forms to provide valuable information to their audience, position themselves as experts in the industry, and increase visibility.
Social media and websites are powerful tools for manufacturers to connect with customers beyond 9-to-5 and generate leads, increase brand awareness, and even close deals.

Providing educational content is not just an option for manufacturers in the digital age, it’s a necessity. 

Bridget Kane-Ferrigan

Marketing Manager , Fair Rite Products Corp

Targeting, Tailoring, and Tracking

Digital marketing is an efficient method for connecting with potential customers and boosting sales. In today’s ultra-competitive marketplace, manufacturers need to make sure that they are taking advantage of all the digital tools available to them in order to stay ahead of the competition. Digital marketing allows manufacturers to target specific audiences, create tailored campaigns, and track results in real-time. This type of data analysis can help manufacturers adjust their strategies accordingly and ensure that their efforts are targeted toward the right markets. Additionally, digital marketing allows for more efficient customer engagement than traditional methods such as print ads and radio spots. By using personalized content and targeted messages, manufacturers can create deeper connections with their customers and build a lasting relationship with them.

Measuring ROI is no longer a nice-to-have in marketing, it’s a necessity. Understanding the impact of our efforts on sales and customer loyalty is crucial for driving business success in the digital age

Graham Kilshaw

CEO, Lectrix

ROI is now a priority in marketing, with a focus on the impact on sales

In the age of digital marketing, measuring return on investment (ROI) is now a priority for many manufacturers. With the rise of data-driven decision-making, companies need to be able to accurately track their marketing ROI in order to make informed decisions about their campaigns. Additionally, measuring ROI can help manufacturers understand how their efforts are impacting sales and customer loyalty – two key metrics for any successful business.

For example, by tracking lead conversions from marketing campaigns or analyzing the customer lifetime value of repeat buyers, manufacturers can gain an understanding of how their marketing efforts translate into revenue. This information can then be used to refine strategies and optimize campaigns for maximum efficiency moving forward. Ultimately, prioritizing ROI measurement gives manufacturers the insights they need to drive sales and build long-term customer relationships.

From brand marketing to Thought Leadership in the manufacturing industry

In the modern manufacturing industry, traditional sales techniques are no longer enough to stay ahead of the competition. To truly stand out and build trust with customers, manufacturers must move beyond product-pitching and instead focus on problem-solving. This shift is where brand marketing and thought leadership comes in.

Through brand marketing, manufacturers can showcase their unique value proposition by creating campaigns that capture customer attention and resonate with target audiences. Thought leadership also plays a key role here, as it helps manufacturers position themselves as trusted experts in their field. By establishing a strong presence on social media platforms and other digital channels, manufacturers can demonstrate their knowledge and expertise while building relationships with potential customers.

Ultimately, by embracing brand marketing and thought leadership strategies, manufacturers can differentiate themselves from the competition by focusing on solving customer problems instead of pitching products. With this approach, they can create long-term connections that boost customer loyalty and drive sales growth over time.

Salespeople must now act as problem-solvers, using their knowledge and expertise to address customers’ needs and challenges.

 

The shift towards manufacturing salespeople becoming problem-solvers as opposed to product pitchmen is well underway. By applying marketing theory and practice in their everyday interactions with customers, these salespeople can foster a more meaningful relationship with them, ultimately leading to growth and success for both parties. With the right strategies and mindset, manufacturers can now tap into this market opportunity that lies at the intersection of marketing and sales.

Graham Kilshaw

Graham Kilshaw

Graham Kilshaw

CEO, Lectrix

Graham Kilshaw brings over 20 years of CEO experience to his current role as CEO of Lectrix. With a deep understanding of the business needs of the US and international electronics industry, Graham has developed a comprehensive skill set that includes sales, media, and marketing. Under his leadership, Lectrix has transitioned from a traditional print publisher to a full-service marketing agency that specializes in multi-channel marketing, events, content development, and sales enablement for clients in the electronics equipment, components, materials, software, and testing service spaces.

If you want to know more about Lectrix or reach out to Graham click here.

Listen Now

Related Episodes

New Episodes

Bi-Weekly Tuesday 

Want to Be a Guest?

Come on the show