Situation
We work with business owners and or in-house sales and marketing teams to complete an online audit and competitive benchmarking.
They are trying to answer questions like;
- How does my website’s performance compare to my competitors’? Due diligence
- What are the gaps in my online marketing strategy compared to the industry leaders? Online visibility
- How can I improve my online customer engagement and retention? Engagement rate
- How efficient is my sales and marketing effort at generating qualified marketing / sales leads? Lead generation
- I need market data to inform my digital strategy and go-to-market plan? Actionable insight
- What changes to the digital estate / business model do we need to make to be Business class? Transformation
Task
We currently use a suite of 22 premium-subscription digital analytics platforms and tools to complete the task
Online audit
- The task involves the visual mapping and forensic analysis of the complete digital estate.
- The online audit is completed in a logged-in state as that way it gives more functionality and analytics.
Competitive benchmarking
- The Competitive Benchmarking can be completed against any number of; competitors or aspirational business class organisations, countries or cities or languages.
- The competitive benchmarking is conducted in a logged-out state.
Actions
Phase 1 – Business information
Business team to share brand, market and business information
- Brand guidelines
- Business plan and financial forecast*
- Sales and marketing plan*
- Product / service portfolio / data sheets
- Target audience breakdown / analysis
*Preferably broken down by country and product/service
Allow – 2 days SME – 4 days Enterprise
Phase 2 – Admin access to digital platforms and tools
Admin access required from Company:
- Website(s) content management system
- Search engines
- Social media channels
- CRM systems
- Payment gateways
- Content
- Reporting tools
Allow 0.5 day SME – 1 day Enterprise
Phase 3 – Online audit
Complete the audit to identify all of the due diligence / sum of the marginal gains
- Website (user experience and micro/conversion rate optimisation)
- Search engine, social media and AI chat result visibility (organic and paid)
- Social media platforms and tools
- Video, picture and word content – engagement, conversation and traffic with intent
- Consumer (not bought) and customer (have bought) data
- CRM, email and automated funnel/flywheel communications
- Ecommerce conversion data
- Advertising platforms; media spend effectiveness
Allow 2 days SME – 4 days Enterprise
Phase 4 – Competitive benchmarking
Replicate the online audit analysis in a logged-out state generating observations and suggested actions;
- Competitors
- Country
- Language
Allow 0.5 day per competitor per country per language
Results
Phase 5 – Generation of results
- The results from the online audit and competitor benchmarking are meticulously documented in each section with “Observations” and “Suggested actions.”
- The “Suggested actions” will be further evaluated and scored from 1 to 5 based on three criteria:
- Ease and speed of task completion
- Lead generation / sales; e-commerce or e-marketplace generation
- Transformative business change
- The results are presented in a SWOT/executive summary, with the key data summarised in a pivot table to allow prioritisation and inform decision-making.
Allow 1 day for Online Audit and 2 hours per competitor per country per language
Phase 6 – Presentation of results
Operational Team – Detail
- Workshop of initial findings with Company stakeholders (for feedback)
- Presentation of key findings with Company stakeholders
- Detailed operational action report
Senior Leadership Team – Executive summary
- Presentation to Senior Leadership team
- Executive summary report
Allow 2 days SME and 4 days Enterprise business
Any other business
- All work could be carried out virtually but if face to face preferred travel expenses would be charged at cost.
- If any part of the process takes less than time expected the invoice will be reduced accordingly
Interested?
If you would like a detailed proposal please let me know your website, number of platforms and tools within your digital estate, together with the number of competitors/aspirational businesses, countries and languages you would like to be benchmarked against? Or give me a call on +447970623946 / send a video meeting request to roger@actionableinsight.co.uk and we can work it out :)
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