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Home > Blog > Digital Marketing > PPC >

Why is Goal Setting Important to Inbound Marketing?

Inbound marketing entails attracting your target customers into your marketing funnel and accompanying them during the entire buying journey until they convert.

Why is goal setting important to inbound marketing

And it’s based on a series of non-intrusive techniques which can help your business to:

  • Attract web visitors
  • Push these visitors to become customers
  • Automate the marketing process to streamline the conversion

To succeed in the last part (automation), you need a tested and proven application that’s friendly to your pocket.

It turns out there’s a revolutionary tool that can help you do away with manual tasks, such as data crunching, in your inbound marketing strategy.

In this blog, you’ll learn:

  • What is inbound marketing?
  • How does inbound marketing work?
  • What are examples of inbound marketing?
  • Why is goal setting important to inbound marketing?
  • Benefits of inbound marketing
  • Also, we’ll recommend the tested and proven application you can use to automate your inbound marketing

Before we dive right into the core of the blog, let’s define inbound marketing strategy.

What Is Inbound Marketing?

Inbound marketing focuses on creating quality content that pulls people interested in your offerings to your brand. And these are online users who are:

  • Searching for answers online
  • Researching your industry
  • Checking out your competitors
  • Interacting with your ads or competitors’ ads

So the goal is to have valuable content that caters to all of these scenarios and stages of the buying process to increase conversion rates.

 ppc audit report bottom

Aligning your content with your target market’s interests attracts inbound traffic, which may or may not convert.

Keep reading because, in the coming sections, we’ll address the following questions: why is goal setting important to inbound marketing?

How does Inbound Marketing Work?

A solid inbound marketing strategy is made up of four steps, namely attract (awareness), convert (interest), close (action), and delight (return customers).

Why is goal setting important to inbound marketing

Attract

In this stage, your goal is to attract online users who have never heard about your brand or its offerings. Below are some of the strategies you can use to achieve this goal:

  • Create Buyer Personas
  • Publish Enticing Videos
  • Create Great Blogs and Infographics
  • Master Search Engine Optimization
  • Utilize Social Media
  • Convert

Once you’ve attracted prospects, the other crucial step is to nurture them towards making a purchase.

In inbound marketing, the aforementioned task is called “converting” leads. The first step in nurturing a lead is giving.

Yes, you read that right.

You’ve got to invest time and resources to give your leads more information, such as social media posts, insightful blogs, and search results.

In this stage, you can ask for something in exchange (reciprocal effect).

Before giving your leads free content, such as an e-book, ask for their details, such as interests, industry, or contact details. A well-designed and minimalist form is ideal in this situation if your goal is to capture accurate contact data.

Close

This is the stage where leads transform into loyal customers.

A well-crafted inbound marketing strategy recognizes everyone has a unique buyer’s journey.

What does that mean for you?

It means you can’t let things slide after the conversion stage. We suggest you stay in touch with your prospect and keep learning about them.

Below are some ways to achieve that.

  • Use Customer Relationship Management (CRM)
  • Run an Email Campaign
  • Post-demo Campaign
  • Delight

Once a prospect becomes a customer, they have a massive potential to be your brand’s evangelists.

Once a client’s business is won, avoid halting all the strategies of the inbound cycle. We recommend you communicate with your clients and offer them more value to earn referrals.

Keep reading because, in the coming sections, we’ll address the following question: why is goal setting important to inbound marketing?

What are Examples of Inbound Marketing?

Inbound marketing is an umbrella term for all activities that focus on personalizing communication to align with the target market’s needs.

Check out some of the examples of inbound marketing strategies below.

A blog

According to research, publishing blog content at least 16 times a month generate 3.5x more website traffic and 4.5x more leads a month.

Informative blogs and Out of the Box Ideas can Increase Sales, credibility, trust, and expert status in your niche.

An infographic

As excellent as written content can be, people don’t always have the time (or the desire) to sit down and consume 2,000 words about long-tail keywords, for example. Sometimes, your prospect wants a quick snapshot of insightful data, ideally presented in an aesthetically pleasing format. Plus, the information you’re sharing is valuable.

A whitepaper

A whitepaper is a well-researched piece of educational content that adopts a more formal tone than your average blog post. Whereas a blog post is your weekly homework assignment, a whitepaper is your term paper.

As a rule, the prospects who download your whitepaper expect higher degrees of rigor, depth, originality, and value.

So, it should look good, too.

An eBook

An e-book provides your business with an opportunity to develop as an authoritative and trusted expert in your industry.

Webinar

It’s not always easy to inject personality into written content, such as blogs.

That’s where the webinar comes in.

A webinar is an internet seminar lecture-style content presented to an exclusive web audience.

Keep reading because we’ll address the following question: why is goal setting important to inbound marketing?

ppc-signal-optimization-tool

Why is Goal Setting Important to Inbound Marketing?

Goal setting is essential to any inbound marketing effort. Here are 3 reasons you just can’t and shouldn’t skip it.

Goal Setting and Marketing and Sales Teams

When sales and marketing teams work together by setting goals, they can achieve a lot.

Yes, you read that right.

Setting shared goals can motivate your sales and marketing teams to work together to reach the revenue goal.

Goal Setting and Measurement of Success

It’s challenging to figure out how well you’re doing if you don’t have a benchmark for success.

So set your goals upfront, at the very start of your inbound marketing process. And this is because it can help you determine what success will look like. Goal setting is an integral part of the inbound marketing process that can help you to:

  • Take stock of your company’s current situation.
  • Evaluate where you are and where you’d like to be. And set specific goals and benchmarks that show you when you’re making an effective effort to get to that place.

If you don’t have goals to work towards, it’s challenging to evaluate performance in your inbound marketing efforts, especially in driving leads, closing sales, and improving your bottom line.

What are the Benefits of Inbound Marketing?

Check out the benefits of inbound marketing below.

  • Inbound marketing can help you generate a ton of hot leads.
  • Increase visits to your website.
  • A solid strategy can help you establish trust, authority, and expert status in your industry.
  • The strategy can expand the reach of your brand massively.

Keep reading because we’ll address the following question: why is goal setting important to inbound marketing?

The Role of Marketing Automation in Inbound Marketing

To carry out a successful inbound marketing strategy, you need the right tools.

And the essential tool of all is marketing automation. It can help you carry make sales even when you’re asleep. More so, it can help you learn more about potential leads, convert them to sales, and optimize marketing spending.

The best tool for you should have the following attributes:

  • Campaign Automation
  • Automated optimization of campaign metrics
  • Built-In or Integrated CRM
  • Buyer Persona Feature
  • Blog Builder
  • Lead Scoring
  • Landing Page Builder
  • Dynamic Form Builder
  • Website Visitor Identification
  • Behavior Tracking

The features list doesn’t end here. Tool should have automation based on deep knowledge instead of superficial. different pattern in the data should be highlighted with deep AI algorithms. Should give you alert by early detection of something unusual happening in campaigns. This is where PPC Signal comes in.

So what is PPC Signal?

PPC Signal is designed ground-up purposely to implement your inbound marketing strategy.

Besides, this iconic time-saver is designed purposely to help you implement data-driven strategies at a really affordable price.

PPC Signal uses artificial intelligence technology to automatically monitor your digital marketing campaign data for changes significant enough to require your action.

The changes, as mentioned above, can be categorized as:

  • Shifts
  • Trends
  • Outliers
  • Anomalies

A shift occurs when a series of consecutive data points fall above or below the norm.  On the other hand, outliers are single data points that fall way above or below the mean line at 4-SD (standard deviation). Trends are the relatively long-term up and downswing movement of a particular phenomenon.

Anomaly is an unexpected event.

These noteworthy changes are presented as signals.

Each signal is labeled as either a risk or an opportunity. 

You really have absolute freedom to choose the noteworthy changes to pursue.

The Tested and Proven Tool to use to Implement Inbound Marketing

Take a look at a PPC Signal dashboard, as shown below.

Why is goal setting important to inbound marketing

Insights are denoted as risk or opportunity using red and green colors, respectively, as shown in the screenshot above.

In the last 28 days, the cost per conversion (depicted by red color) has been on the rise, which is a risk. If left unattended, it can easily drain your google ads budget.

PPC Signal provides you with the ability to filter your signal (risk or opportunity) based on:

  • Metrics
  • Device type
  • Keyword
  • Geolocation
  • Hour of the day (HoD)
  • Day of the week (DoW)
Why is goal setting important to inbound marketing

The blue Explore button provides more details about a signal using charts and additional information.

More so, you can easily bookmark a signal for later reference by clicking the Bookmark button.

Why is goal setting important to inbound marketing

You can also explore the signals provided in visual form to gain in-depth insights. Besides, you can easily forecast the occurrence of a risk or an opportunity by extrapolating the chart.

Why is goal setting important to inbound marketing

PPC Signal has the Take Action button, which, if clicked, will guide you to take the corrective action. Furthermore, it produces automatic signal reports with recommendations you can take to drive high ROIs with minimal costs.

For instance, if we’re to optimize the ads campaign in the screenshot above, we would’ve taken the following corrective actions:

  • We would’ve written compelling, clickable PPC ads that are highly relevant to the keyword/search query and your intended audience. Also, we would’ve added high-intent mid-tail and long-tail keywords that indicate a searcher is in the buying phase.
  • Lastly, we would’ve tested our PPC landing page design. Also, we would’ve conducted A/B testing to find the right layout, copy, and colors that push the highest percentage of site visitors to convert.

FAQs:

How much does inbound marketing cost?

Most agencies charge between $4k to $15k per month. It could be more depending on the scope of work and ad spend. The higher the ad spend, the more fees the inbound marketing-based agencies charge.

If you work with professional agencies, you’re guaranteed value for your money.

What is the goal of inbound marketing?

Inbound marketing focuses on creating quality content that pulls people interested in your offerings to your brand. So the goal is to have content cater to all of these scenarios and stages of the buying process to increase conversion rates. Aligning your content with your target market’s interests attracts inbound traffic.

Wrap Up

As we said, inbound marketing entails attracting your target customers into your marketing funnel and accompanying them during the entire buying journey until they convert.

If you’ve just landed here, the blog’s mission is to address the following question: why is goal setting important to inbound marketing?

More so, inbound marketing is based on a series of non-intrusive techniques and automation that can help your business attract web visitors and push them to convert.

To succeed in automation, you need a tested and proven application that’s friendly to your pockets.

It turns out there’s a revolutionary tool that helps you do away with manual tasks in your inbound marketing strategy.

So what tool do we recommend?

PPC Signal is one of the leading AI-driven applications whose goal is to help you save time and other resources, especially when keeping track of key metrics in your inbound marketing efforts. It uses advanced algorithms to detect opportunities and risks automatically in your inbound marketing strategy.

No matter how complex or paralyzing your data is, PPC Signal provides actionable observations about positive and negative changes occurring in your inbound marketing.

Sign up for a 7-day free trial to drive the sky-high returns from your inbound marketing campaigns.

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