Digital Must-Dos: 3 End of Year Essential Digital Marketing Tasks for Your Credit Union

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As the year draws to a close, credit unions have a prime opportunity to assess their digital marketing strategies and make necessary adjustments for the upcoming year. Let’s explore three essential digital marketing tasks that you should prioritize before the year ends. These tasks are designed to enhance online visibility, engage audiences effectively, and set the stage for a successful digital marketing strategy in the year ahead.

Year-End Content Audit and Refresh:

  • When was the last time that you took a look at the content on your website? Is it outdated? Is it relevant? Is it searchable?  These are all questions that you should be asking yourself as you audit your credit union’s content strategy.  Whether it is your website, your blog posts, your social media or even your emails, taking a look at the evolution of the information that you have shared with your members this year will set you up for success in the new year.  What are the keywords that will help you stand out in this ever evolving digital landscape?  Are those keywords included on your website and in your SEO strategy?  How are you connecting the content on your website to your email and social strategy?  Evaluate the connectivity of your content strategy across all of your digital marketing platforms and you’ll be sure to set your credit union up for success in the new year. 

Social Media Strategy Review and Optimization:

  • Social media is a dynamic landscape, and it’s crucial to ensure that your strategy remains effective. Begin by reviewing your social media analytics from the past year. Identify the platforms that delivered the best results in terms of engagement, conversions, and audience growth.
    Consider any shifts in your target audience’s behavior or preferences and adjust your social media strategy accordingly. Explore new features or advertising options offered by platforms such as Instagram, Facebook, LinkedIn, or X.. Even TikTok could be a great place to add some fresh content to your social strategy.
  • Consider investing in influencer marketing to expand your reach. Collaborating with influencers in your industry can provide a boost in credibility and help you tap into new audiences.

Data Analysis and Performance Metrics Assessment:

  • As a credit union, you can benefit significantly from tracking key digital marketing metrics to measure the effectiveness of your campaigns and strategies. Here are some of the most important digital marketing metrics that every credit union should be looking at:
  1. Website Traffic:
  • – Metric: Unique Visitors, Pageviews, and Traffic Sources
  • – Why it Matters: Monitoring website traffic provides insights into the popularity of your credit union’s online presence. Track the number of unique visitors, pageviews, and where your traffic is coming from to understand user behavior and optimize your website for better engagement.
  1. Conversion Rates:
  • – Metric: Conversion Rate
  • – Why it Matters: Conversion rates indicate how well your digital channels are performing in terms of turning visitors into members or customers. Track conversion rates for online applications, contact forms, or other desired actions to assess the effectiveness of your website and landing pages.
  1. Social Media Engagement:
  • – Metrics: Likes, Shares, Comments, Click-through Rates
  • – Why it Matters: Social media engagement metrics measure the effectiveness of your credit union’s social media presence. High engagement indicates that your content is resonating with your audience. Track likes, shares, comments, and click-through rates to understand which content is most effective.
  1. Email Marketing Metrics:
  • – Metrics: Open Rate, Click-through Rate, Conversion Rate
  • – Why it Matters: Email marketing remains a powerful tool for credit unions. Monitor open rates to gauge the effectiveness of your subject lines, click-through rates to measure engagement, and conversion rates to assess the success of your email campaigns in driving desired actions.
  1. Cost per Acquisition (CPA):
  • – Metric: Cost per Acquisition
  • – Why it Matters: CPA helps you understand how much it costs to acquire a new member or customer through your digital marketing efforts. It’s calculated by dividing the total campaign cost by the number of new acquisitions. Keeping CPA in check ensures efficient use of your marketing budget.
  1. **Return on Investment (ROI):**
  • – **Metric:** Return on Investment
  • – **Why it Matters:** ROI is a critical metric for assessing the overall effectiveness of your digital marketing campaigns. It calculates the return generated relative to the cost of the campaign. Knowing your ROI helps in optimizing marketing strategies and allocating resources to the most successful channels.
  • Regularly monitoring and analyzing these six digital marketing metrics will provide your credit union with valuable insights to refine their strategies, enhance member engagement, and ultimately drive growth in the digital landscape.

As the year comes to a close, taking the time to complete these three essential digital marketing tasks, along with exploring new content formats and automation tools, can significantly impact your business’s online presence and overall success. Conducting a content audit, optimizing your social media strategy, analyzing performance metrics, and embracing innovative approaches will position your credit union for a strong start in the new year. Embrace the digital landscape, adapt to evolving trends, and leverage data-driven insights to refine your digital marketing strategy for sustained growth and success in 2024.

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Mandy Garman headshot

Mandy Garman

Graphic Designer

Meet Mandy, one of YMC’s in-house Graphic Designer phenoms! Honing her craft from an early age, Mandy constantly strives to innovate design and refine her artistic techniques. An avid believer in “quality over quantity,” she feels right at home with YMC’s focus on details and dedication to providing unique strategies. In fact, her marketing philosophy reflects this drive for excellence and commitment to substantial work, “Brand consistency is key for all marketing materials. Also, I believe less is more in graphic design. White space is your friend, and the logo does not always need to be the main focal point.”

A Nashville native, Mandy is intimately familiar with the profound effects of great art and stellar design. Especially influenced by the city’s music scene, one of her lifelong ambitions – besides trips to Italy and Japan – is to professionally create album covers. When she isn’t practicing her craft, you might catch her out and about enjoying matcha boba tea or at her favorite dining establishment: Mas Tacos. That, or obsessing over her Persian cat, Benny!

Reh Harvey

Vice President of Digital Strategy

Reh Harvey, our Vice President of Digital Strategy, leads with diligence and fervor. Having previously been a member of Team YMC, he is excited to return to such an amazing culture and even more amazing people (his words)! Through his experience in the marketing world, he’s found the key to success is to stay on the cutting edge and to always keep evolving.
 
Although originally drawn to marketing for its lack of math, Reh now finds himself doing more math than he would’ve bargained for. But his self discipline and positive attitude make it easy for him to laugh and take it in stride. Hoping to one day visit Japan and enjoy some premium Sushi, Reh lives life by his creed: Be a good human. Do good work. And above all, just keep going.

Hailey Madej

Graphic Designer

As YMC’s in-house Graphic Designer, Hailey possesses an eye for detail and a drive to innovate. It’s no surprise though since being creative runs in the family! Inspired from an early age by her mom’s work as a Graphic Designer, Hailey is a seasoned expert whose talents bring vitality and accessibility to every project. As a UX/UI designer, she expertly blends the intuitive and the creative for all to enjoy.
 
In addition to the occasional freelance project, Hailey also lends her abilities to supporting art initiatives within her community, such as the Belleville Mural Project. Her favorite aspect of joining the YMC team is the friendly, uplifting culture and breadth of design tasks. When it comes to marketing, she believes in pushing boundaries and maybe breaking some rules to capture her audience’s attention. Her advice to those just starting out? “Always seek quality over quantity.”

Dexter Ochoa

Development Assistant

When it comes to blending logical thinking and creative problem solving, Dexter’s abilities are undeniable! Beginning his career as a Web Developer, he’s no stranger to the wide world of Marketing and Advertising. Calling Biñan City in the Philippines home, Dexter has a burning desire to visit the Alpine peaks and valleys of Switzerland. While that journey may be far off, he is still no stranger to international travel. While visiting Japan, he was able to enjoy his favorite delicacy: Sushi and Sashimi. He also learned unexpected facts about Japanese Yen, specifically that it has special markings for the blind to know its value!

Whether he’s enjoying a cup of coffee in the morning or the occasional Pale Pilsen in the evening, Dexter is eager to work with the talented professionals of YMC, and we’re just as eager to add his talent to the team as well! His marketing words of wisdom? “Be creative, and just do what you want!”

Andrew Wyche

Copywriter

Hailing from the NC state capital (that’s Raleigh if you didn’t know), Andrew is YMC’s Copywriter extraordinaire. That’s why he knows that “The verb form of ‘reconnaissance’ is ‘reconnoiter.’ The former is, strictly speaking, a noun.” Seriously, he knows his words and he’ll use those words to get bold and weird (in a good way) with his copy. Fuelled by a love for pasta, shellfish, a good single malt, or a meal consisting of all three, Andrew navigates life with a motto engraved in his heart: “Choose kindness. Always.” It is this guiding principle that has led him to explore the realm of marketing, driven by a desire to connect with people in meaningful ways. As he continues to chase his dreams, one bucket list item stands out above the rest – a pilgrimage to Scotland. With his heart set on adventure and his pen poised for creativity, Andrew’s journey is far from over.

Alex VanHaasteren

Senior Web Developer

Alex is YMC’s Senior Web Developer and, as the title suggests, she is an absolute pro! While she initially started in graphic design – working long and hard to expertly bring concepts to life – she also felt drawn to technology and applying her natural ability to problem solve. Web Development proved the perfect blend of her creative passion and technical savvy.

When Alex is out with friends – including her YMC colleagues – she’s up for Greek cuisine or some good pulled pork BBQ washed down with Diet Coke. Or an Old Fashioned, if the occasion demands. Someday, she hopes to go to Africa on a safari. Hopefully she’ll see a giraffe in the wild, because – as she’s pointed out – its neck is too short to reach the ground!

When she isn’t jamming out to T-Swift, she’s happy to impart some marketing words of wisdom, “Aim to create something unforgettable.” For day-to-day inspiration, she would remind you of two fundamental truths: You decide your happiness, and Ice cream is its own food group—not just a dessert.

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