Agency-Based Marketing: Targeting Your Customer on a Deeper Level
In our last blog post, Should You Reconsider Your 2021 Federal Media Strategy in Light of COVID?, we touched on how to use agency-based marketing (ABM) for media purchasing when space in general federal publications are limited.
Federal marketers are oftentimes challenged with tight budgets and high expectations to produce strong ROIs. Simply, they are expected to do a lot with very little. Agency-based marketing when paired with investments in advertising and other broad marketing strategies can provide a boost to the expected return on investment.
What is one way to maximize a small budget? Effectively connect with the preferences of your TARGET audience with a strong understanding of what makes them tick day to day.
Using Personas to Connect
There are many ways of developing personas, depending on your needs and resources. A good place to start is your own Customer Relationship Management (CRM) tool and your client-facing teams. If you need deeper insights your tool cannot provide or have been surprised by conflicting comments from your teams, you may want to consider third-party research. Using personas helps you drill down on your customers’ preferences and develop a focused strategy tailored specifically to them.
For federal marketers, that can mean a focus on agency type, agency-specific, geographical, or product/service categories. Understanding your customer on a deeper level can help you speak to their personal and professional goals and challenges. For example, if you are targeting an IT end-user, you may focus on educating about more technical features because of their desire to be an expert in their agency, whereas if you were marketing to a procurement specialist, you would want to focus on cost-savings because of their pride in being prompt and efficient. In the same vein, one may prefer to watch a webinar, while another prefers to read a white paper due to their personal learning preferences.
Learn more about Market Connections’ Federal IT Personas.
Consider “Where” They Are Already Going
In addition to content creation, you may want to consider where and how you are advertising or sharing your content. Whether it’s because space is at a premium in some of the more general federal publications, or you are focusing on more niche publications based on your particular audience, understanding where your audience is going for news and information can help get the right eyeballs on your content and drive agency decision-makers to your site.
Ad placement is only one lever you can use and is often most effective to build awareness. If you are having difficulty closing sales among those who know you, consider delivering information and messages through other popular channels among your target audience. They may have a preference for a certain social media platform. They may use certain streaming services to reach specific news programs or tune into radio stations throughout the day. Of those media channels, are there geo-locating advertising opportunities you may want to explore to reach your prospects?
Selecting correctly from your customer’s media buffet of online publications, print publications, social media sites, TV, radio or streaming services can eliminate some of the “guesswork” and improve the ROI on your marketing investment.
Learn more using our annual Federal Media & Marketing Study.
Looking Deeper
Consider diving a little deeper and consider more targeted marketing as part of your overall federal marketing strategy. Beyond creating tailored content that is relevant to your specific audience, also consider the format and placement of that content. Federal marketers have many tools available that can pair nicely with internal intelligence to help make educated decisions about their company’s federal marketing investments.