Content Marketing & Strategy

Entrepreneur, JS

The best way to increase sales and boost your business is to make your company the go-to experts in your area. By having a solid marketing strategy that includes content marketing, you are increasing your value to customers, establishing yourself as a leader in the industry, and creating a more loyal customer base. Content marketing focuses on ways to engage you audience, and uses content to drive profitable behaviors in customers.

 
According to the Content Marketing Institute, content marketing can be defined as “a strategic marketing approach focused on creating and distributing valuable, relevant, and consistent content to attract and retain a clearly-defined audience — and, ultimately, to drive profitable customer action.”

 
The key words here are valuable, relevant, and consistent. Unique content will drive up your rankings and put you in the position of offering them a direct benefit of even just visiting your website. Once you have potential clients on your site, you can get to converting them! Getting people to your site is over half the battle.

 
Strong content is not just blog posts, but also the copy on your website, your ads, and your social media. As opposed to spam, when you are providing free relevant and valuable information, customers are more likely to trust you, and continue to remain loyal to you. Great quality content is a key part of any marketing strategy, including social media, SEO rankings, inbound marketing, email campaigns, and more.

 

 

There are four steps to an effective content marketing strategy, though every company is different and you will want to adapt to what works best for your business and your goals. The first step is figuring out what you want to accomplish and the risks associated, secondly you create a business plan for your goals and the value you want to provide, which includes what message you want to send and keeping your branding consistent. Next you need to figure out your target audience and their wants and needs, and what content and engagement specific to them would look like. Fourth, you develop a channel plan; what channels are you using for this content marketing? These are the platforms you’ll use to put out your content and tell your story, and should also include your criteria and objectives of each platform.

 
Your content marketing strategy will grow and change as your business does. A fantastic way to move your business forward, attract new customers, and increase sales is to offer valuable, relevant and consistent new content in a smart, engaging way that matches your goals and your branding.

Please follow and like us:

Pricing: Don’t Undervalue Yourself!

Entrepreneur, JS

I have always, always, wanted to be a writer.

 

When I was a kid, I filled journals with the ramblings of being a tortured little sister, and then the angsty poetry of my teenage Myspace years. It progressed to song lyrics, poems, book and story ideas, and the occasional update about my life. I have a whole shelf of notebooks, composition books, and journals from over the years.

 

I am now a writer, and in another post, I will go into excruciating detail about how that came to be, the steps I took, and how it all worked to become a success for me.

 

I am a freelance writer. In my process to becoming an entrepreneur, I did a lot of research and asked other entrepreneurs for advice, for help with things like invoicing, portfolios, small business tools, contracts, and the big one: pricing.

 

I have met a lot of young entrepreneurs over the years and they all have one thing in common: big dreams and a bad estimation of their value. Watching Shark Tank is also a great example of people with crazy valuations! They either completely overvalue or undervalue their companies and themselves.

 

The truth is that your time and your skills are valuable. If it were easy to be a writer, everyone would do it. Just because YOU find it relatively easy to write blogs or create a website or make a logo, certainly doesn’t mean it is.

 

When starting freelancing, most people tend to undervalue themselves. They might say it is because they are so new, or are trying to prove themselves, or they don’t have a portfolio. No matter what they say, it is normal to try to undercharge when starting out.

 

I did it, too! For my first couple of clients, I researched average pricing for the specific types of writing projects I was working on, and I put my pricing just below the average.

 

But those prices didn’t account for the actual time it took me to research and put together the writing, the posting, edits, and client communication. In the end, for my first project, I ended up only getting about $7 per hour, even though the overall price for the article was around “average.”

 

As time went on, I made sure to increase my prices to the point where I am able to make a good wage for the work that I’m doing. Even for my longer-term or repeat clients. This is something I see a lot of questions about in online freelance forums. You can increase your prices, you just have to be honest. Try something like “I have enjoyed working with you, and as of XX date, my prices will be increasing to XY price. Because of our prior relationship, I am going to extend your current discounted price for one more project/month/etc.”

 

I had a phone conversation with one of my bigger clients, and we agreed to almost double my price, plus a nominal fee for research time! You really just have to ask. Your clients already like you and see value in your work, and they will understand that you need to be fairly compensated. This is very similar to how you might handle a salary negotiation in a corporate position.

 

Another thing I see a lot of is questions about sites like Upwork.com and Constant Content, which are sites that take a heavy fee to allow you to bid on work from paying clients, but highly encourage very low prices. Be careful when using these sites, especially about severely undervaluing yourself. Do research on these types of sites before jumping on, and manage your expectations reasonably. Some people do extensive filtering and careful proposals and do well on these sites. I tried it briefly and was very frustrated by the low prices and the amount of proposals on things like “write me 5 blog posts for $6.” For me, these types of sites were not worth my time.

 

Side note: no matter how much you want new clients, don’t give your work away for free. Legitimate companies that want you to do trial work will pay you for it.
Your work, your time, and your expertise are all valuable. The worst thing you can do for yourself is to undervalue yourself to potential clients. Research average prices for your specific work and your location, and take a cue from that. Whatever you do, don’t be afraid to raise your prices as you get more experience. You are here to make money. Just because you love it doesn’t mean it shouldn’t be profitable!

Please follow and like us: