When it comes to marketing, small adjustments can lead to significant impacts—if you know where to focus.
When it comes to marketing, small adjustments can lead to significant impacts—if you know where to focus. Today, we’ll explore a common area of marketing inefficiency and share actionable insights to help your team trim waste and reallocate resources for better outcomes.
At the heart of this approach lies the Pareto Principle, which suggests that 20% of your efforts often drive 80% of your results. Identifying and optimizing these key efforts can significantly improve your ROI without requiring drastic changes to your strategy.
I’m Dan Saavedra, founder of MergerData, a signal analytics firm that identifies critical data points to help businesses predict buyer behavior. With over 12 years of experience in data analytics, I’ve seen firsthand how small, smart decisions can transform marketing performance. Let’s dive into a specific area of focus that could make a big difference.
This post is especially relevant for:
If you’ve ever struggled to tie marketing activities directly to revenue, this one’s for you.
One of the most common areas where marketing budgets are wasted is in paid search campaigns. For many small to mid-sized B2B companies, paid search often delivers lower ROI than other channels. Here’s why:
Instead of overhauling your entire data ecosystem, focus on pinpointing underperforming campaigns within paid search. Here's how to approach this step-by-step:
For HubSpot users, start with these metrics:
Break down these contacts further:
Once you’ve refined your paid search efforts, calculate these metrics to evaluate performance:
By addressing inefficiencies in paid search, you can free up resources to invest in higher-performing channels or experiments. Use tools like signal analytics to measure the impact of these changes, and double down on what works.
Remember, the key is incremental improvement. Small, focused changes, when guided by the right data, can deliver outsized results over time.