How to Run Marketing Experiments The Right Way to Drive Growth

How to run marketing experiments the right way to drive growth

In a fast-changing market with lots of competition, you need to be constantly innovating, testing, and developing new ideas to stay ahead of your competitors. By testing a variety of different marketing tactics, marketing experiments, and strategies you can work out the best way to drive your sales and use this knowledge to develop for the future.

There are a lot of articles that tell you to test your site and A/B test your marketing. There are a lot of articles that are telling you to fail fast. These are good concepts and can work if used correctly but in reality, it doesn’t happen. I’ve seen lots of people frustrated because they will fail fast but it doesn’t work or they only run a few tests without a framework for success.

In this episode and post, we explain why these concepts can be very powerful if used correctly and how to use them in your marketing.

About Paul

Paul Rakovich is the founder of Clicks and Clients and has become the go-to expert for anybody looking to scale their company with Facebook Ads.

Paul often manages clients spending upwards of $1 million per month on Facebook ads which has brought him on to the Inc. 500 fastest-growing companies list. 

More than that, Paul seeks to support and encourage entrepreneurs who are hitting that plateau or just want to scale up as fast as possible.

In this episode, he shares his insights and lessons from running marketing campaigns and million-dollar ad budgets. He also shares how we can run marketing experiments the right way to drive growth.

Some topics we discussed include:

  • Why do we need to be open to experimenting
  • How to facilitate the mind-shift required to be open to experimenting
  • How to approach experimenting – value propositions for various segments
  • The need for a strategy and content governance in running marketing experiments effectively
  • The difference in approach and insights from spending $10k/mo vs. $100k/mo vs. $ 1 million/mo in Facebook ads
  • How to best marry the ideas of scaling business growth and marketing experiments to aid growth
  • How Paul facilitates clients’ learning and progression to adopt more of a lifetime focus with their customers
  • Leading and lagging indicators to determine the success of marketing experiments
  • The psychology that comes into play with successful marketing experiments
  • Lifetime value perspective vs a focus on short-term ROI gains and customer retention
  • How Paul recommends we come up with marketing experiment ideas
  • and much much more …

Listen to the episode

Connect with Paul

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Author

  • Vinay Koshy

    Vinay Koshy is the Founder at Sproutworth who helps businesses expand their influence and sales through empathetic content that converts.

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