What Is Agile Marketing?
Agile marketing is an adaptive marketing strategy that adjusts based on consumer trends and customer needs. The agile methodology prizes team members who question structures instead of adhering to standard ones. Traditional marketing may build off of existing templates and trusted marketing efforts. In contrast, an agile marketing approach has frequent check-ins to measure key performance indicators (KPIs) while making real-time changes to a plan to improve team structure and initiatives.
7 Characteristics of Agile Marketing
The agile marketing manifesto has seven core values:
1. Customer-focused collaboration: The end goal for all agile
frameworks is to prioritize the customer journey and customer
needs. Marketing teams will place themselves in the customers’
shoes, optimizing ads, content marketing, and more to best suit
the customer. Marketers use teamwork in agile marketing—there
are no silos or hierarchical systems.
2. Customer discovery: Agile practices also constantly learn
more about a target audience or customer demographic. Instead of
static prediction, agile principles rely on standup meetings to
reanalyze what teams thought they knew about the consumer,
employing new findings to refine campaigns.
3. Validated learning: The agile approach is more concerned with
data-driven digital marketing than marketing plans built on
conventions or assumptions. Agile marketing works best when
research informs project management, even if new findings in the
data change mid-project.
4. Small experiments: Marketers will deploy multiple small
campaigns throughout the process. These small experiments are
often less expensive and more effective than pursuing one
massive campaign that can sink a team’s time and budget.
5. Iterative campaigns: Marketing departments find agile ways to
deploy multiple campaigns, testing out which ones work best
instead of executing big-bang campaigns that take ample time and
resources.
6. Flexible planning: In agile marketing, marketers avoid rigid
planning. Instead, teams encourage new ideas and disruptive
patterns for experimentation. Teams will try out new marketing
strategies while ensuring workflow stays consistent for the
well-being of everyone, from the CMO to a representative.
7. Response to change: Agile marketing favors questioning
tactics, exploring new options, and inviting search engine
optimization (SEO) or customer data to inform future practices.
3 Agile Marketing Frameworks
There are a few agile marketing frameworks, including the
following approaches to project management:
1. Scrum: Scrum originated as a software development tool but
marketers also use it for agile marketing campaigns. Scrum is a
methodology that promotes adaptability, and the basic system
involves selecting a data set or campaign idea to explore from a
company’s backlog of content, sprint planning (where sprints are
the testing of a strategy based on the content at hand),
iterations where the sprint is public as a campaign, daily
stand-up meetings to assess the viability of the campaign, and
then forward action based on what these retrospectives
illuminate.
2. Kanban: There are several moving pieces in agile marketing,
so some teams will choose to employ a kanban board. While scrum
focuses on adaptability, kanban leads with transparency. Its
table shows what actions are at what phase in their lifecycle
(whose parts may be labeled as “ideation” or “drafted” or
“live”). Kanban offers a clear system and progression of tasks
to help teams stay on track and prioritizes a balanced workflow
as new marketing plans arise.
3. Scrumban: Scrumban is a portmanteau of scrum and kanban,
combining pieces of each framework type. Scrumban uses the
consistency of scrum’s sprints output while organizing it in
kanban’s tabular system to keep track of individual tasks and
processes. Scrumban utilizes daily stand-up meetings, a
visualized workflow, and consistent retrospectives.
4 Benefits of Agile Marketing
Stakeholders and product owners will find agile marketing to be
a beneficial strategy because the strategy achieves the
following:
1. Embraces the new. Agile marketing constantly adapts, meaning
it can be the first strategy to try out cutting-edge
technologies and practices.
2. Uses more precise data. Agile marketers will hold daily
stand-up meetings to look into consumer trends and market
research. Marketers use the up-to-date data to adapt the
campaign for the brand’s benefit.
3. Builds stronger customer relationships. Customer satisfaction
is the end goal of agile marketing, so brands focus on image and
customer service to prioritize consumers. This improves brand
loyalty and trust.
4. Leads to more sales. Brands that innovate and try new ways to
attract customers will find their efforts pay off. Employing
diverse channels and systems can reach new buyers.
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What to Consider Before Starting a Business
Businesses are more than just a clever idea—good business owners
spend a lot of time developing every aspect of their business
model to ensure they have all the information they need in order
to take their idea to the next level. There are four key
elements that you’ll need to research in detail to figure out if
your small business idea is a good one:
1. Need. Every good start-up business is filling a need; if not,
there would be no reason for them to exist. You need to think
thoroughly about what needs your business is filling, and if
there are enough people who have that need. The value of a
business can be directly correlated to demand; many businesses
fail in their first year because they don’t verify that their
idea has market value.
2. Differentiation. A quick Google search will often reveal that
there are other businesses doing what you want to do. There
isn’t an unlimited amount of space in a market for businesses
doing the exact same thing, so it’s crucial that you think about
what makes your business different than the competition. This is
called your “unique selling proposition” (or USP), and it’s the
pitch that you can give to your potential customers to convince
them that your product or service is uniquely suited to meet
their needs, as opposed to the other businesses selling similar
products or services.
3. Target market. It’s vital that you determine who your ideal
customer is: who will be buying your product or service? The
more specific you can get, the more likely you will understand
how to design the marketing strategy of your company—think about
their gender, age, weight, interests, education level,
lifestyle, occupation, income, and location. If you’re stuck,
focus groups and surveys can help you better understand the pain
points of your demographic. Once you’ve narrowed your target
customers as much as you can, you’ll want to conduct a market
analysis (also called market research) to determine how big (and
how saturated) the market is for your product or service.
4. Cost. You’ll need to ask yourself how much your business
structure will require to get started, and how much money you’ll
need to spend to create each new product or offer each new
service. This information is essential to know in order to
calculate your overhead and so you know how big your business
needs to be in order to create good cash flow. You can also ask
other cost-related questions: Would your business be a good
candidate for crowdfunding? Would it require a business credit
card?