The transportation and logistics business landscape has undergone tremendous changes in the past decade or so. All these changes, as with any business, have been aimed to drive profitability and growth. The transport and logistics businesses are among the most profitable business ventures currently. Progresive changes and improvements are being made in the sector to improve its profitability. One notable improvement being done in the sector is the adoption of various marketing methods to drive up leads and sales.
Two factors are vital for any business to increase business leads and sales. These factors are demand generation and lead generation. Demand generation is the process of creating awareness about a business’s products or services. This is done to get potential clients interested in the company’s products or services.
Lead generation, on the other hand, is the conversion of a potential client to a lead. This happens when a potential shows interest in a product and makes an inquisition about it. In this article, we highlight how transport and logistics businesses can drive up their leads and sales. The article focuses on the use of demand generation for this.
1. Identifying Your Client Base
When a business states that it is in the transport and logistics business, one would not know exactly what they do. This is because the transport and logistics business is quite versatile and diverse. Different transports and logistics brands offer freight services for various services or products.
The best way for a transport and logistics business to drive up sales and leads is to identify the needs of its market. In the transport and logistics business, different clients can be those shipping:
- Cars
- Furniture
- Construction materials
- Foods
For different client types, the requirements vary. Let us consider the example of a client shipping cars. Such clients would focus on the tie-down locks on the freight trucks. Clients shipping food would be concerned about the external covers on the trucks that ensure the food items are preserved.
Once a business has identified its specific target client base, it can focus on ramping up demand generation. This can be done using targeted marketing. The transport and logistics businesses can also use cold calls. Cold calls are handy to approach clients and offer them special deals. This easily creates demand for a brand’s services.
Identifying your client base also helps optimize the freight services to suit clients better. This helps a business get higher client satisfaction rates.
2. Mapping the Client Journey
The client journey denotes the steps a client has taken since they were a potential, to when they become a client. Similar to all other processes, learning the steps in the process is essential to optimizing the process and improving its results.
Transport and logistics businesses must highlight a rough outline of their client journey. This is done by analyzing previous potentials who converted to clients. It is also important to analyze the potentials or leads who never had a conversion.
Studying the journey of leads who never made a conversion will help the brand identify weak points in its buyer journey. Identifying the weakness will help the business work on that weakness to increase its sales.
Analyzing the client journey is an easy way to identify strengths and weaknesses. Analyzing the journey of leads who turned to clients helps the business denote their sales strong points. Once the business identifies the strength in its client journey, the corporation should improve it. However, in some cases, identifying the strength of a brand’s client journey is done to ensure they do not alter it. This helps maintain the journey’s current success rate.
When identifying the client journey, the business will note that its clients may have different personas. The persona of a client or lead is what identifies different clients to their journeys. Different personas have varying steps in the client journey that impacts their final decision to seek the brand’s services.
For some leads, how a brand contacts them and markets their services is what matters. This might be contrary to other leads, who are most impacted by what the business stands for. It is vital for transport and logistics businesses to recognize the personas of their clients. By identifying different personas, the brand can use different sales strategies based on lead personas. This is an easy tactic that increases lead conversion rates and increases business revenue.
3. Influencer Marketing
In the past, large-scale media platforms were the most popular and widely used by brands for marketing. However, business analysts noted that the returns from this marketing type were not as expected .
The rise of internet technologies and social media platforms has led to the rise of influencer marketing. Influencer marketing entails paying a person, organization, business, etc., to endorse your services to their followers.
Globally, many transport and logistics businesses do not embrace the use of marketing to create leads and improve sales. To drive up sales and leads, transport and logistics businesses can hire influencers. Influencers will improve the brand recognition in the market.
Influencer marketing drives up the demand for a business’s services or products. This is done by exposing the potential clients and leads to the brand’s good services and products. This helps create a need for the brand’s services in the minds of the target audience.
For transport and logistics businesses, getting other businesses to endorse them is better. The businesses endorsing the transport and logistics business must be related to the transport business in some way. They can be long-standing clients of the transport and logistics business. A good example of this is a car dealership endorsing the transport and logistics. A dealership can endorse a business they use to ship out their cars to respective clients.
Influencer marketing is an effective marketing method. It is used to drive up leads and sales for a business. Influencers offer many businesses impeccable results. The advantage of using influencers is that people tend to trust things told by their favorite person as compared to conventional methods of marketing. This, therefore, likely means that the net profits from new sales can be higher.
4. Search Engine Optimization
In this era, having a business website is vital for the success of any business. The business website should be developed strategically to ensure that it brings in the most leads and sales for the business. However, the structure and development style of the business website contributes partly to its overall success.
The content posted on the website is what defines the visibility of the brand’s website on the internet. Search Engine Optimization (SEO) entails improving the quality of content posted on the website. When a website offers high-quality content, search engines recognize and raise its visibility.
The first step when optimizing your brand’s website is to first analyze its current SEO score. There are numerous tools available on the internet that a business can use to analyze its web pages. The SEO analytics tools check various features on web pages such as the article keywords, response time, etc.
Once you have your site’s current SEO ranking, you can now implement an SEO optimization target. When optimizing your website content, the implementation of relevant article keywords will improve the site’s overall visibility. Other factors considered in SEO are content structure, content relevance, etc.
5. Brand Differentiation
Similar to most industries, the transport and logistics business is also saturated in terms of other available service providers. Industry saturation offers an advantage to potential clients since they have more brands to choose from. However, saturation is a significant drawback for businesses in that industry. It becomes that much tougher to get clients and retain them.
In saturated markets, a business has to stand out and differentiate itself from the rest to dominate the market. Transport and logistics businesses ought to differentiate themselves from the rest to increase their demand from leads or clients.
For logistics businesses, brand differentiation can include features such as faster freight times, better insurance options, etc. When looking for a way to distinguish your business from the rest, often, the differentiation impacts your business revenues. This means that you have to strategize and implement an additional business strategy that will neutralize the revenue impact of the differentiation factor.
Once you have set up a differentiation factor for your business, you can opt to use influencer marketing to notify potential clients about it. This demand-generation method will drive up brand sales and leads.
Conclusion
For transport and logistic businesses that are looking for ways to drive up their sales and leads, they must ensure that the methods are feasible for their industry. This is because not all conventional methods used to drive up sales and leads are universal for any business.
It is also important to keep in mind that some methods will definitely work better than others. This means that logistics businesses will have to use various methods and success metrics to test which method works best for them. Once a brand identifies a method that works best for them, they must embrace it fully and incorporate it into their overall business strategies.