What Should My Marketing Budget Be? A Comprehensive Guide

Determining an Effective Marketing Budget Determining the right marketing budget is a critical decision for any business striving to thrive in today’s competitive market. For small and medium-sized enterprise (SME) owners and marketing directors, this choice becomes even more consequential, as resources are often limited, and the pressure to maximise return on investment (ROI) is high. In an era where the marketplace is busier than ever, simply standing out requires more than creativity—it demands a strategic allocation of funds that supports both visibility and growth. This guide explores the factors to consider when setting a [...]

By |2024-11-05T11:05:06+00:001 November 2024|Marketing Consultancy, Marketing Strategy, SMEs|

Rethinking Competition: How Identifying Your True Rivals Can Transform Your Business

Small and medium-sized enterprises (SMEs) often assume their competition consists solely of others offering similar products or services. It's a logical assumption—a yacht manufacturer might focus on other yacht makers, and a tech company might zero in on rival tech firms. However, this narrow view can limit growth opportunities and stifle innovation. By broadening your perspective on who your true competitors are, you can unlock transformative strategies that propel your business forward. I've had numerous clients experience significant growth after realizing that their real competition wasn't just other brands in their industry but anything else [...]

By |2024-10-30T14:28:07+00:0030 October 2024|Marketing Consultancy, Marketing Strategy, SMEs|

Unlocking the Power of TROI for Startups and SMEs: A Comprehensive Approach to Growth

For startups and small to medium-sized enterprises (SMEs), the ability to convert investments into tangible, sustainable results is paramount. Traditional metrics like Return on Investment (ROI) have long been the cornerstone for assessing financial performance. However, these conventional measures often fall short in capturing the full spectrum of benefits that investments can bring, particularly in today's multifaceted business environments. This is where Total Return on Investment (TROI) and Time to Return on Investment (also abbreviated as TROI) come into play, offering a more nuanced and comprehensive understanding of a company's effectiveness and efficiency. By looking [...]

Navigating the Evolving Marketing Landscape: Reflections on 2024 and Predictions for 2025

I'm not going to lie; the fact that I'm writing this blog while on holiday in late October and that 2025 is only two months away feels slightly insane. 2024 has gone so quickly. As we stand at the cusp of 2025, it's clear that the marketing landscape for small and medium-sized enterprises (SMEs) is undergoing a profound transformation. The past year has been a whirlwind of technological advancements, shifting consumer expectations, economic challenges, and a heightened focus on sustainability and ethical practices. These factors have not only redefined how SMEs approach marketing but [...]

By |2024-10-23T19:58:45+01:0023 October 2024|Marketing Consultancy, Marketing Strategy, Modern Marketing, SMEs|

Market Orientation for SMEs: Why It’s Essential for Long-Term Success

One of the biggest challenges I see with small and medium-sized enterprises (SMEs) is the difficulty in understanding what customers actually want. All too often, businesses get so wrapped up in their products and services that they forget to ask a critical question: "Is this what our customers really need?" That’s where market orientation comes in. Instead of focusing on pushing what you already have, market orientation is all about flipping the script and asking, "What do my customers really want, and how can I give it to them?" For SMEs, this shift in perspective [...]

By |2024-10-12T13:38:00+01:0018 October 2024|Marketing Consultancy, Marketing Strategy, Modern Marketing, SMEs|

The Art of Asking Better Questions: A Practical Guide for SMEs

In business, asking the right questions can be the key to unlocking growth, innovation, and problem-solving. As a  FCMO and Marketing Consultant, one of my roles is to help small and medium-sized enterprises (SMEs) refine their decision-making processes. A crucial part of that process is knowing how to frame questions effectively, ensuring that the answers lead to actionable insights. In this post, I’ll guide you through the art of constructing better questions and how to get the best possible answers—a skill that can save time, money, and effort for your business. Why Good Questions Matter [...]

By |2024-10-15T10:11:24+01:0012 October 2024|Marketing Consultancy, Marketing Strategy, SMEs|

Navigating the Traffic-Less Web: Embracing Rand Fishkin’s Insights on Reaching Your Audience

I recently read Rand Fishkin's eye-opening article, "How to Fight Back Against a Traffic-Less Web", and it struck a chord with me. (Rand is an absolute Boss, the way - so if you're interested, make sure you follow him!) The digital landscape is shifting dramatically, and strategies that once brought us success are losing their effectiveness. Rand highlights a critical reality: the internet is increasingly becoming a place where platforms keep users within their own walls, making it harder for brands to draw visitors to their websites. In this new environment, platforms are curbing the [...]

By |2024-10-04T10:16:21+01:004 October 2024|Brand Storytelling, Marketing Consultancy, Modern Marketing, SMEs|

The Impact of Brand Workshops on Small to Medium-Sized Businesses

I recently wrapped up a brand storytelling workshop with a multi-generational luxury retail business—a family-owned company where the parents, now semi-retired, are passing the torch to their son, the current business manager. This experience was a stark reminder of the importance and transformative power of brand storytelling workshops for small to medium-sized businesses. These workshops are not just beneficial but essential for businesses looking to align internally and resonate externally. The Disconnect You Didn't Know Existed Let's face it: running a family business across generations isn't a walk in the park (I know, I [...]

By |2024-09-26T16:30:20+01:0025 September 2024|Brand Storytelling, Marketing Consultancy, SMEs|

The Marketing Consultant as a Fractional CMO: A Comprehensive Solution for Medium-Sized Businesses

Managing a medium-sized business often requires a delicate balance between pursuing strategic growth and maintaining prudent resource management. One significant challenge is affording a full-time Chief Marketing Officer (CMO), whose expertise is critical for scaling operations but comes with a hefty price tag. Salaries for experienced CMOs can reach into six figures annually, excluding benefits and overhead expenses such as bonuses, healthcare, retirement contributions, and the costs associated with onboarding and retaining top executive talent. For many medium-sized companies, this financial commitment is prohibitive and can divert resources from other crucial areas like product development [...]

By |2024-11-27T13:35:36+00:0018 September 2024|Marketing Consultancy, Marketing Strategy, Modern Marketing, SMEs|

The Role of Brand Values in Today’s Marketing Landscape

Brand values are the heartbeat of your company. The guiding star for your business operations. They influence how consumers perceive and interact with your brand. In today’s market, consumers seek authenticity. They want to buy from brands that stand for something. Ensuring that AI-generated content aligns with and reflects your core values is not just important—it's essential. This alignment helps maintain a consistent brand voice and fosters a deeper emotional connection with your audience. Brand values act as a framework for decision-making and strategy development. When clearly defined and consistently communicated, these values help [...]

6 Marketing Strategies Every SME Should Implement in 2024

As we near the end of Q1 2024, the marketing landscape continues to evolve, driven by technological advancements, changing consumer behaviours, and the growing importance of digital presence. Small and medium-sized enterprises (SMEs) face unique challenges but also possess the agility to adapt quickly. Implementing strategic, targeted marketing efforts is crucial for SMEs aiming to stand out and thrive. This blog post will explore six essential marketing strategies SMEs should prioritise in 2024 to maximise their growth and success. Strategy 1: Embrace Content Marketing Content Marketing has proven to be a powerful tool for building [...]

By |2024-03-08T03:42:30+00:008 March 2024|Marketing Consultancy, Marketing Strategy, Modern Marketing, SMEs|

Adaptable Marketing in a Changing Economic Landscape

Understanding the Economic Landscape: The current economic landscape presents a complex puzzle for businesses. On one hand, we have an environment that's rapidly changing due to factors like global economic shifts, technological innovations, and evolving consumer behaviours. Conversely, there's a constant undercurrent of traditional market challenges, such as competition, supply chain issues, and regulatory changes. The intersection of these factors creates a dynamic playground where only the most adaptable marketing strategies can thrive. The key to navigating this landscape lies in understanding that change is not an obstacle but an opportunity to innovate, differentiate, and [...]

By |2024-03-02T17:30:04+00:0021 February 2024|Marketing Consultancy, Marketing Strategy, Modern Marketing, SMEs|

Embrace the Imperfect Start: Why Jumping into Marketing Can Propel Your Startup or SME Forward

The fear of launching your marketing efforts before everything is 'just right' can be paralysing. Many startup founders and SME owners find themselves caught in the trap of aiming for perfection, delaying their marketing initiatives in the quest for the ideal moment, strategy, or message. However, this pursuit often leads to missed opportunities and stunted growth. The truth is that the market waits for no one, and the cost of inaction can far outweigh the imperfections of an early start. The essence of today's market lies in its dynamism and the relentless pace of change. [...]

The Strategic Edge of Using a Brand Deck for Startups: Gaining Insight and Crafting Aligned Strategies

Unlocking Authentic Branding Strategies through Founders' Insights For marketing consultants collaborating with startups, truly understanding the foundational beliefs and visions of the founders is essential. This deep insight forms the cornerstone of crafting strategies that resonate with the target audience while reflecting the founders' original passion and purpose. Utilizing a brand deck of cards, such as those offered by Branding Cards, provides an innovative approach to uncovering the 'why' behind a company. This tool is invaluable for marketing consultants aiming to connect the founders' visions with customer expectations, ensuring authentic and impactful branding. Unveiling the [...]

Using Hick’s Law to Unlock Brand Narrative

Consumers in our increasingly connected world are bombarded by an abundance of messages and options, making capturing consumer attention difficult and effectively conveying your brand message even harder than before. Simplicity is key when it comes to brand storytelling success; one psychological principle which can assist businesses in crafting more captivating narratives is Hick's Law; this article seeks to explore its intricacies while offering insights on how you can apply this principle for maximum impact in brand storytelling. Understanding Hick's Law Hick's Law, coined by British psychologist William Edmund Hick and widely accepted in psychology [...]

By |2024-03-02T17:30:38+00:001 May 2023|Brand Storytelling, Marketing Consultancy, SMEs|

Building a Digital Campfire: Fostering Warm Connections Through Community Based Marketing in Tech

As one of the owners of Shareable Ltd, a marketing agency specialising in B2B communication strategies, I have seen firsthand the importance of building connections in the B2B tech space. Strong relationships with clients, partners, and other industry players can mean the difference between success and stagnation. One powerful way to foster these connections is through community-based marketing, which centers around a digital campfire. This blog post will explore how community-based marketing can help B2B tech companies create warm, meaningful connections that drive success. The Digital Campfire: A Metaphor for Community-Based Marketing In the days [...]

By |2024-03-02T17:30:52+00:0018 April 2023|Marketing Consultancy, Marketing Strategy, Modern Marketing, SMEs|

Turning Up the Volume on Your Brand: How Podcasts Drive Impactful Storytelling and Boost Engagement

In recent years, podcasts have experienced a meteoric rise in popularity, becoming a go-to source of information and entertainment for millions of people worldwide. The surge in podcast listenership presents an exciting opportunity for brands to explore this medium as a platform for impactful storytelling. This article will delve into the potential of podcasts as a brand storytelling medium and discuss how leveraging this platform can drive impactful storytelling and boost engagement. Podcasts as an Intimate and Engaging Medium One of the reasons podcasts have become so popular is their ability to create an intimate [...]

By |2024-03-02T17:31:01+00:0016 April 2023|Brand Storytelling, Marketing Strategy, Modern Marketing, SMEs|

Maximizing Brand Growth: How to unify Marketing Efforts with a Single Team for Better Strategy and Consistent Messaging

A disjointed brand strategy is one of the biggest obstacles a business can face. It leads to customer confusion, weakens the brand's message, and ultimately stifles growth. For small and medium enterprises (SMEs), this challenge is often exacerbated by relying on multiple agencies to manage various aspects of marketing. While the intent is to tap into specialised expertise, the result is often a fragmented brand experience. This approach can make it incredibly difficult to maintain consistent messaging or deliver a unified customer experience. So, what’s the alternative? Consolidating marketing efforts under a single person [...]

Go to Top