How to Be a Marketer with an Investor Mindset with Cannabis eCommerce Expert Mike Bibbey
Автор: MediaJel
Загружено: 2022-08-04
Просмотров: 22
Описание:
Get right to the point and find the information you are looking for, skip ahead to these chapters below!
0:00:00 Introduction
00:02:07 Why Are Marketing Initiatives The First Line Items To Be Cut?
00:08:46 Which Marketing KPIs are Important for CFOs?
00:10:56 How to Approach Marketing Channels Without Data Tracking Capabilities
00:16:14 Cannabis Marketing Example: Campaign Budgeting and Forecasting
00:21:49 Up to 50% of your Online Revenue Should be from SEO
00:26:47 Cannabis Marketing Tactics to Acquire New Customers
00:28:26 How Much Budget Should You Allocate to Customer Retention?
00:31:33 Which Factors Should You Consider to Counteract Market Uncertainty?
00:36:16 Tips for Persuading the CFO to Increase your Marketing Budget
“Only a crisis – actual or perceived – produces real change” – Milton Friedman
What if your cannabis company viewed marketing budgets as investments rather than expenses?
Does your organization have the data-driven, flexible culture needed to reallocate marketing investments during an economic downturn instead of sending budgets to the chopping block?
Embracing an investor-focused mindset means viewing each marketing investment in terms of risk-to-reward scenarios, executing quick pivots as cannabis markets shift, and displaying fearless re-allocation of marketing funds during uncertain times.
When developing annual marketing budgets, an agile CMO must consider these cannabis recession marketing influences: market trends, product demand, and other economic influencers. A mix of short-term investments that generate quick returns and riskier investments with longer investment horizons will help confront the headwinds of an uncertain economic landscape and drive increased value for your business.
Level up your marketing acumen and learn cannabis recession marketing tips from expert Mike Bibbey. Don’t forget to bring your notebooks because we will be digging into how to approach marketing budgets with an investor mindset and pivot your investments during economic fluctuations affecting current cannabis markets.
During our 60-minute webinar, we’ll cover:
• Flipping the script on marketing as an expense and legitimizing marketers as valuable drivers
of both long and short-term business outcomes
• Develop your competitive advantage with a calculated, data-driven marketing plan – the metrics you need to back up your initiatives
• The long and short-term investments your cannabis business must include in your marketing strategy.
Develop scenario planning approaches to capitalize on new opportunities and protect marketing investments and revenue during economic uncertainty, listen and learn!
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