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Digital Success: The Ultimate Guide to Digital Trifecta Strategies for SMEs

It is not just digital transformation, a world-class digital presence, or your business’s digital identity; it is the ultimate strategy for SMEs’ success.

In our world, where everything changes so fast and so much, standing out from your competitors in a digital crowd is now non-negotiable, especially if your business is to stay relevant.

As a savvy entrepreneur or SME owner, you understand the importance of seizing every opportunity to elevate your brand’s online presence.

That’s why the Digital Trifecta is crucial—a game-changing trio of strategies designed to lift businesses to the summit of goal achievement through digital success.

Digital Trifecta Strategies for SMEs 2

Buckle up as we explore how these powerful strategies, coupled with decades of intellectual property (IP) built by our team at NetStripes’, make that digital journey a reality for SME owners and start-up entrepreneurs.

1. Paid Media: Turbocharge Your Brand’s Impact

Paid media, when done right, isn’t just about spending money – it’s about strategically investing in your brand’s visibility and influence to efficiently get the leads required for growth time.

Imagine having the ability to target your ideal customers with precision, ensuring your message cuts through the noise and resonates with those who matter most.

When done professionally, the right mix and strategic set-up of advertising can unlock the full potential of paid media to drive tangible results for your business.

The big issue here is that when not done right, business owners lose tens of thousands of dollars on this medium, a huge problem that must be avoided.

Cutting corners on ad strategy, professional ad set, and all the minute details are crucial to success. As in anything, the last mile or the previous 1% delivers results. 

Example: Picture your local artisanal coffee shop wanting to expand its reach and attract coffee aficionados beyond its neighbourhood. By harnessing the power of targeted Facebook ads, the coffee shop can showcase its speciality blends to discerning customers citywide, enticing them with exclusive promotions and captivating visuals.

This would be the same for a Mortgage broker, a locksmith business, or a home-building business. Success lies in starting small, getting results, and then expanding upon what works. 

2. Owned Media: Transform Your Digital Assets into Goldmines

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Your website, blog, and social media platforms are more than just digital placeholders – they’re invaluable assets waiting to be optimised for maximum impact.

However, building a cheap or pretty website will not cut it. If you want results, this is a crucial process that must begin with a strategy focused on your business’s financial goals.

  • What is your customer strategy?
  • Who are your ideal customer personas?
  • Who are the customer types you will not work with, meaning your anti-persona and your service strategy?
  • How will you position your business to set yourself apart from your competitors?

All crucial aspects of strategy. NetStripes built our digital strategy blueprint to help business owners navigate this complex step before going into website design or development.

It is important to get it right; hence, get some expert guidance so you can transform these channels into dynamic hubs of engagement and conversion.

From SEO-enhancement of your websites to content-rich blogs, it is about strategies to captivate your audience and professionally elevate your brand’s online presence.

Example: Consider a boutique fitness studio looking to become a local health enthusiast’s go-to destination. Sonia Wray, its female founder, by partnering with NetStripes, nailed its strategy, revamped its website with compelling visuals and user-friendly navigation and tripled their revenue in an 18-month period.

Her website and social media became a treasure trove of fitness tips, workout routines, and success stories. As a result, the studio attracts new clients and cements its position as a trusted authority in the wellness industry.

When COVID hit while other gyms and fitness businesses closed down, Sonua Wray took her business digitally and built her local business into a national business, adding video conferencing and online registrations to her website.

 3. Earned Media: Amplify Your Brand’s Influence Through Advocacy

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They say nothing beats word-of-mouth marketing – and they’re right. Earned media, fueled by the passion and advocacy of your loyal customers, has the power to propel your brand to new heights.

Smart businesses can cultivate a community of brand ambassadors who eagerly share their love for your products and services across social platforms, amplifying your reach and credibility in the digital sphere.

While organic social growth is getting more and more difficult these days due to changes in algorithms on business pages, there are strategies that you can use to circumvent these issues, such as using micro-influencers and other similar tactics.

Example: Imagine a local mortgage broker nestled in a regional town, aiming to expand its customer base beyond its brick-and-mortar location.

Through a strategic approach to social media marketing, the broker launches a social media campaign, encouraging prospective home buyers and investors to stick to their dreams of home ownership and growing their wealth and security through property investment despite the difficult economic challenges everyone is faced with time to time.

The mortgage brokers online visibility soars, attracting customers far and wide, even from interstate while providing a huge boost of confidence to the entrepreneur.

Conclusion: Seize Your Digital Destiny with the Digital Trifecta

In a world where digital dominance is the key to success, the Digital Trifecta is your ultimate weapon in the battle for online supremacy.

You’ll transform your SME into a digital powerhouse by integrating paid, owned, and earned media strategies into your digital playbook with the right guidance to follow the right steps.

Don’t just navigate the digital landscape – conquer it with confidence and conviction.  

Share your success stories and aspirations with us. If you need help in your digital transformation journey, we’re here to help you write the next chapter of your digital success story! 

The Digital Strategy Advisory Sessions provide you with the best in digital expertise from experts in the field.

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