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Marketing Automation. That’s just for the big boys, surely?

It’ll come as no shock that global corporations use automated marketing techniques to draw us in and engage with their brands. In fact, automation has completely transformed the way big businesses approach marketing. However, what surprises SMEs is that it’s now just as feasible for small businesses to use marketing automation effectively, too! That means access to streamlined processes that boost marketing effectiveness—all without breaking the bank.

In today’s competitive marketplace, marketing automation has emerged as a game-changer, especially for small businesses seeking to enhance their marketing efficiency and effectiveness. By automating routine tasks, small businesses can focus more on strategy and growth. However, the real power is the insight it can offer businesses about their customers and their potential customer base, including their likes and dislikes, behaviours, and contact preferences.

What is Marketing Automation?

Ever wonder why your inbox is filled with discount codes and abandoned cart messages when payday rolls around? That’s Marketing Automation! It’s software that enables marketers to automate a myriad of tasks from the basic to the complex. It can keep track of customer details, preferences and trends and use this information to send personalised, timely, automated email marketing messages that support the customer experience and encourage conversions.

For example, an e-commerce store can use automation to send a discount code to a customer who has abandoned their shopping cart. We’ve all done it and know how that little well-timed nudge can reel us back in.

Similarly, a service-based business might send personalised follow-ups based on a customer’s previous enquiries. This level of personalisation not only increases the effectiveness of marketing efforts but also enhances customer satisfaction and loyalty. It transforms generic marketing into a more engaging, customer-focused strategy that feels more like a one-on-one conversation rather than a broadcast.

With their individual characteristics and more limited budgets, small businesses stand to gain a lot from automating marketing tasks and planning the sales funnel to maximise sales conversions.

We’ve been helping businesses integrate marketing automation into their strategies for nearly 10 years. Here are the headlines on the different pricing structures for these tools and how you can maximise the benefits in your business.

A personal touch

One of the most significant advantages of marketing automation is its ability to enhance personalisation. We found this to be a huge benefit for small businesses aiming to carve out their niche in a crowded market. Marketing automation tools analyse the customer journey, interactions and behaviours to create detailed profiles that inform targeted marketing strategies.

These systems use data such as past purchases, browsing history, and customer preferences to enable businesses to send personalised messages that resonate with individual customers at the right time.

It’s about making each customer feel uniquely understood and valued, which can significantly boost conversion rates and foster lasting customer relationships.

Pricing structures explained

Marketing automation tools come with various pricing structures that can fit different business sizes and budgets:

  1. Flat rate: A simple, predictable monthly or yearly fee that includes access to all features. Ideal for businesses that want straightforward pricing.
  2. Tiered pricing: Based on the level of functionality or number of contacts in your database, this can be a flexible option for growing businesses. We need to road map early on to avoid scaling up too quickly.
  3. Pay-as-you-go: This plan allows businesses to pay for only what they use, which can help manage costs effectively, especially for those just starting with automation.
  4. Freemium models: Some providers offer basic services for free, with the option to upgrade as business needs grow. This can be a great way to test drive automation tools without upfront investment. Again, they tend to scale quickly based on user numbers, so it is important to monitor the plans closely.

Benefits of Marketing Automation solutions

  • Increased efficiency: Save time with automated marketing processes like lead nurturing, customer segmentation, and campaign management.
  • Enhanced personalisation: This is the biggy! You can deliver tailored marketing messages based on customer behaviour and preferences.
  • Better ROI: With automation, small businesses can run sophisticated marketing campaigns to qualified leads that were previously only accessible to larger companies with bigger budgets.
  • Scalability: As your business grows, marketing automation can handle increased loads without the need to increase your marketing team.

A little effort goes a long way

However, to truly harness the power of marketing automation, it’s crucial to actively engage with the system. Regularly optimising and adapting it to your business needs is critical to prevent it from becoming just an expensive gadget.

Small businesses must actively manage these systems to reap the full benefits of marketing automation. This involves:

  • Regularly updating customer data to maintain accuracy.
  • Continually testing and optimising campaigns to improve effectiveness.
  • Training staff to use automation tools efficiently and creatively.

Conclusion

Marketing automation offers a plethora of benefits to small businesses, allowing them to compete with larger players by boosting operational efficiency and personalising customer interactions.

However, like so many tech solutions, the true power of these systems lies in their proper management. Like any muscle, marketing automation systems need to be worked continuously to prevent them from becoming ineffective. By actively engaging with these tools, small businesses can ensure they are not just investing in a glorified emailing system but are harnessing a dynamic solution that grows with their business.

Sales pitch coming! We’ve been on the automated bandwagon for a while, implementing some of the bigger names in the marketplace, like Hubspot and Salesforce, to more niche applications. If you’d like to learn more and see the marketing benefits these offer, just get in touch.