Discuss marketing strategies and business growth with Wes Gay, a StoryBrand certified consultant and marketing expert.
Key Takeaways
– Focus on solving specific customer problems rather than broad marketing approaches
– Clarify messaging using the StoryBrand framework to make customers the hero of the story
– Prioritize profitability and bottom-line metrics over top-line revenue growth
– Leverage mentorship and networking to accelerate business growth and avoid common pitfalls
Topics
Wes Gay’s Background and Business
– Transitioned from church work to marketing consulting in 2016 after StoryBrand certification
– Built full client load within 6 weeks of starting his business
– Now operates as a fractional CMO and marketing consultant, focusing on messaging and strategy
StoryBrand Framework Overview
– 7-part communication framework based on storytelling principles
– Key elements: character (customer), problem, guide (business), plan, call to action, success/failure
– Helps businesses clarify messaging and make customers the hero of the story
– Example application: Allstate’s “Mayhem” campaign effectively positions the problem and solution
Business Growth Strategies
– Narrow focus rather than trying to be too broad in offerings
– Identify most profitable products/services and double down on those
– Analyze client profitability and consider new offerings for low-margin clients
– Aim for consistent profit margins (e.g. 20%) to enable reinvestment and predictable growth
Marketing and Sales Approach
– Focus on solving specific customer problems rather than company accolades
– Create clear, step-by-step plans for customers to follow
– Use “ideal client stories” to identify best-fit customers and refine messaging
– Consistently show up and be known for solving problems in your niche
Mentorship and Networking
– Seek mentors at different stages: peers, those ahead, and those behind
– Ask specific questions to learn from others’ successes and failures
– Find mentors who understand the unique challenges of business ownership
Work-Life Integration for Entrepreneurs
– “Balance” is a myth; embrace productivity and flexibility
– Set boundaries but be willing to work non-traditional hours when needed
– Design the business to support desired lifestyle and family priorities
Next Steps
– Connect with Wes at wesgay.com or email [email protected] for marketing consulting
– Sign up for Wes’s weekly email for ongoing marketing and sales tips
– Business owners should regularly ask: What can I do to get paid today, tomorrow, and improve?
– Analyze business profitability and focus on increasing bottom-line metrics
– Seek mentorship and networking opportunities to accelerate growth and avoid common pitfalls