Business Growth

The End of
Traditional Marketing

If you've ever worked with a traditional marketing company, you know what to expect...

  1. Lots of questions about your target market
  2. Lots of testing
  3. Lots of "invoice creep" (where you keep getting billed for more and more incidentals)

Here's what's wrong with that...

  1. You are NOT the best person to tell them about your target market! Although every traditional marketing company will tell you that you are, you most definitely are not. This is why so many marketing companies will blow through the budget, and afterwards, they'll blame YOU and say that the information you gave them at the start was flawed.
  2. Testing is great! But testing is a tool that should be used to fine-tune a proven marketing campaign. Companies who test, and test, and test – are learning on your dollar.
  3. I've sat in on dozens of marketing meetings where traditional marketing companies try to explain the additional expenses on their bills. There's a reason why the word "creep" means 'to nudge up' and at the same time describes a person who is taking advantage of you. Your numbers should be set at the start of the relationship, they should be clear and easy to understand, and they should NEVER be nudged up.

Many traditional marketing companies are basically teams of trial-and-error experts, which means they try all the different past marketing tactics that may have worked for other companies, instead of finding out what's working best today, then locating your typical buyers and driving them back to either your storefront, or your phone number, or your website ready to buy.

True marketing is all about studying your target audience, then creating an appealing message about you, your company or your product... and knowing how to position that message in front typical buyers exactly when those potential buyers are either researching a solution to their problem or when they're ready to buy.

The right marketing firm should ask you about your top 3+ competitors (the ones who are similar to you and who are growing quickly) because a few days of research can uncover exactly where those competitors are spending the majority of their marketing dollars, what they're doing that's working right now, and exactly what ads or media pieces they're running.

If you own or run a company, you should be monitoring your competitors ads on a regular basis. And there's dozens of ways to do that quickly and simply (for both online ads – like pay per click, pay per call, or online media buys... and offline ads – like radio, tv, or direct mail).

We use a custom built software to monitor competitors of our clients, but there are lots of tools you can use to get a glimpse to what the other side is doing, like:

  • Google Alerts
  • SpyFu
  • Marketing Grader
  • SEO Book
  • Infinigraph
  • SEM Rush
  • Monitor Backlinks
  • Compete

A little knowledge of your competition combined with real knowledge of your typical customers can be a game changer to any business of marketing campaign.

Related Reading Why Your Business Is Not Doing 8-Figures (yet!) → Related Reading How to Be a Better Leader and Develop a Leadership Team →
Common Questions

Frequently Asked
Questions

How is AI business strategy changing the way companies approach marketing?

AI and modern tools make it possible to see exactly what your competitors are spending, where their traffic comes from, and what ads they are running right now. That intelligence removes most of the guesswork that traditional marketing relied on. Instead of testing from scratch on your budget, you study what is already working across the market and build your strategy from proven data.

What are the three biggest problems with traditional marketing companies?

First, they ask you to define your target market when you are not the best source for that information. Second, they test endlessly on your dollar rather than entering the relationship with a proven campaign. Third, they practice invoice creep, adding incidental charges that were not agreed upon at the start. Your budget numbers should be set clearly at the beginning and never quietly adjusted upward.

What tools can a business owner use to monitor competitor ads and marketing activity?

Google Alerts, SpyFu, SEM Rush, and Monitor Backlinks are all useful starting points. They let you track competitor keywords, ad spend signals, and backlink activity without expensive custom software. We use a custom-built system for our clients, but any combination of these free and low-cost tools gives you a working picture of what competitors are doing that is driving their growth.

What should a good marketing firm ask about before launching any campaign?

They should ask about your top three to five competitors who are similar to you and growing fast. A few days of research can reveal where those competitors are spending their marketing dollars, what ads or media they are running, and what is producing results right now. That research replaces months of your budget spent on trial and error. If a firm is not asking this, they are learning on your dime.

What does true marketing look like compared to what most agencies actually do?

True marketing is studying your target audience, creating a compelling message about your company or product, and positioning that message in front of typical buyers exactly when they are researching a solution or ready to buy. Most agencies skip the deep research, cycle through past tactics, and call it a strategy. The difference between those two approaches shows up quickly in your cost per acquisition.

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