THE THOUGHTFUL ENTREPRENEUR PODCAST
Navigating the Complexities of Marketing
In a recent episode of our podcast, we had the pleasure of hosting Marc Ensign, a fractional Chief Marketing Officer (CMO) specializing in the legal, financial, and medical sectors, and the founder and CEO of LoudMouse. Marc shared his extensive experience and insights into effective marketing strategies, the challenges businesses face with marketing agencies, and the importance of leadership and data transparency in driving successful marketing efforts. This blog post delves into the key themes discussed in the episode, offering actionable advice and thorough explanations to guide businesses in their marketing endeavors.
One of the critical points Marc emphasizes is the lack of dedicated leadership in marketing within many organizations. While companies typically have a CEO, CFO, and sales team leaders, marketing often gets sidelined. This absence of leadership can lead to ineffective strategies and wasted resources. Marc's role as a fractional CMO allows him to step in and provide the necessary oversight and direction. By understanding the intricacies of marketing and having a comprehensive view of the business, he can identify issues that may not be apparent to other executives. This insight enables him to make informed decisions and adjustments to marketing strategies based on data rather than gut feelings
Marc notes that the marketing landscape is constantly evolving, making it essential for businesses to stay updated. He emphasizes the importance of authenticity and transparency in marketing efforts. In a world where consumers are increasingly skeptical, presenting a genuine brand story and connecting with audiences on a human level is crucial. Many businesses struggle to answer fundamental questions about their marketing performance, such as conversion rates and lead sources. This lack of clarity often leads to frustration and disconnection from marketing efforts. Marc stresses the need for robust tracking systems to gain insights into what is working and what isn’t.
About Marc Ensign:
MARC ENSIGN is a renowned marketer, prolific storyteller, and accomplished musician.
After spending over a decade playing bass with the Broadway show Rent, Marc discovered he had a talent for getting people to pay attention. Think about it. How else does a kid with no experience or connections pass up thousands of other musicians to land the most coveted gig in New York City?
Really good marketing.
When his stint on Broadway ended, he (temporarily) hung up his bass and built a successful digital marketing agency to help companies compete in otherwise impossible industries to break into. This approach caught the attention of Fortune 500 Companies such as Berkshire Hathaway, American Express, and Nike, as well as Celebrities, Athletes, and Entertainers like Tiger Woods and Oprah Winfrey.
But eventually, that sort of thing got boring, so he moved on. Now, leveraging over twenty years in the marketing industry, Marc is working with companies as a Fractional CMO to solve the marketing issues that have been plaguing businesses for years, from underperforming agencies and unpredictable results to wasted marketing spend and a lack of transparency. All while alleviating the stress of managing the marketing team so business owners can focus on what they do best.
And that’s (more or less) how LoudMouse was born.
Of course, none of this would be possible without Marc's incredibly understanding wife, who has been on this rollercoaster for 22 years and counting. Together, they have two kids: Bella, who is currently attending FSU with a major in political science and journalism, and Zach, who is studying to be a game designer. As far as that whole music thing goes, Marc still tours a few times a year with various Broadway shows. It’s a pretty cool side hustle and an even better way to get people to give you a standing ovation at the end of the night.
About LoudMouse:
LoudMouse is a Fractional CMO agency specializing in helping service based businesses.
They utilizes a top-to-bottom approach to marketing that leaves you with no doubt that your marketing dollars are well-spent.
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Links Mentioned in this Episode:
Want to learn more? Check out LoudMouse website at
Check out LoudMouse on LinkedIn at
https://www.linkedin.com/company/loudmouse-fractional-cmo/
Check out Marc Ensign on LinkedIn at
https://www.linkedin.com/in/marcensign/
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Transcript
Speaker 1 00:00:05 Hey there, a thoughtful listener. Are you looking for introductions to partners, investors, influencers, and clients? Well, I've had private conversations with over 2000 leaders asking them where their best business comes from. I've got a free video you can watch with no opt in required, where I'll share the exact steps necessary to be 100% inbound in your industry over the next 6 to 8 months, with no spam, no ads, and no sales. What I teach has worked for me for over 15 years, and has helped me create eight figures in revenue for my own companies. Just head to up my influence. Com and watch my free class on how to create endless high ticket sales appointments. Also, don't forget the thoughtful entrepreneur is always looking for great guests. Go to up my influence. Com and click on podcast. I'd love to have you. With us right now, Mark. And in Mark, you are a fractional CMO for the legal, financial, medical industries. And you are the founder and CEO of Loudmouths.
Speaker 1 00:01:16 You are found on the web@loudmouths.com. Most importantly, Mark, you're a friend and a fellow bass player, so well we gotta stick together. Yes, yes. Do you mind before we got to get into live most of your professional work, do you mind sharing just a little bit about your background with bass? And I mean, you, you go on tour with amazing shows. obviously I saw you and a lot of the video and clips and, photos you posted of, touring, being able to tour with Jesus Christ Superstar, which is just a phenomenal soundtrack, and I can't imagine what these experiences have been like for you.
Speaker 2 00:01:54 Yeah. So I started my professional life as a as a musician. I had this dream of of, getting through college and working on Broadway. And, you know, I was I was, I just moved to New York after school, and I didn't have any connections. I probably wasn't good enough to get the gig. you know, I didn't know anybody. I was I was as green as they come, but I was really good at marketing myself and getting in front of people, which is like, you know, I, you know, when you have a bass player that can get attention, you know, outside of like being on stage, you know, it goes a long way.
Speaker 2 00:02:26 And, and so within about a year or two, I was able to weasel my way onto, the Broadway stage with the show rent. that was my first Broadway show. This was back in the day of the, the original cast. Like, when when the show really kind of hit its high and it was, you know, everybody's camping outside for tickets and all that, and, and so I started subbing the show on Broadway. Then I got the national tour, then I got the international tour and, and, and I did that for a long time. And at some point I just got really, I got really tired of being on the road all the time, and I wanted to start a family. And I also kind of started you know, I wanted more stability. And so I started a marketing agency because I figured if I could do it for myself, let me see if I could do for other people. and, and that went really well. And then all of a sudden I stopped playing altogether.
Speaker 2 00:03:12 And that happened, you know, that happened for about 5 or 10 years. And then right before Covid, perfect timing, I decided I was like, I really miss it, and I want to get back into it. And so I started calling everybody again, saying, you know, and I and I kind of pitched this idea of like, I don't want to go on tour for a year, but if you're ever in a bind and you need a bass player and life blows up, like if there's a bass player or emergency, you know, give me a call. And and sure enough, Covid hit. And then there were all these bass player emergencies. So I was like running out and doing shows and going on tours for four weeks at a time. Eight weeks at a time. Went to Japan for for six weeks. And, and so I run my business from, from the road. I probably go out about three times a year. And it is the best of both worlds.
Speaker 1 00:03:54 Yeah. You know, and and there's, you know, kind of the common joke of the bass player, right? You know, a lot of the other folks in the band have a lot of things to worry about. Usually the bass player is like, I'm just the bass player.
Speaker 2 00:04:04 Yeah, I'm just going ahead.
Speaker 1 00:04:06 I come in and do my thing and I'm out.
Speaker 2 00:04:08 That's right. So, so that's really been.
Speaker 1 00:04:12 Run operations during the day.
Speaker 2 00:04:14 Yeah. And you know, and like, like, you know, I would be on the tour bus and I'd have my little office set up and I'd be getting work done, and then I'd jump off the tour bus and go on stage and play a show, then go back to the hotel and get a little more work done. Like, it just it really was. I mean, it was exhausting for more than like, you know, six, seven, eight weeks. It starts to get tiring. But but, but for the most part, you know, it's it's, it really is this this just great.
Speaker 2 00:04:38 It's it's one of the coolest side hustles that you'll ever find. Yeah, probably not Broadway.
Speaker 1 00:04:43 So I am on your website right now, Mark. It's loud mouth.com. At the very top. It says, stop wasting time and money on marketing. That doesn't work. Well, Mark, that begs the question, what works?
Speaker 2 00:04:55 That's a great question. So, yeah. So I ran a marketing agency. I, you know, if we go back to when I first started, my first marketing agency was the early 2000. So it's probably been about 20 years. And, and so I've kind of run the gamut of web design, SEO, social media, and, you know, and everything else in between. Full service digital marketing agency. We worked with Nike and American Express and all these big companies. And so I really got a good look at what works, what doesn't work, what other companies are doing, what they're not doing. And and the one thing that I found that across the board is missing from most, you know, companies and, you know, a decent sized companies that are spending money on marketing is leadership.
Speaker 2 00:05:38 There's a there's a missing in leadership within the marketing. You know, you have a CEO, you have a CFO. you have, you know, a sales team lead or something along those lines. But like, marketing is just like, yeah, let's just hire an SEO company, a bunch of other agencies. I'm sure they'll know what to do, and they'll do a great job. And there's nobody really kind of overseeing them, managing them, you know, managing the budget and the strategy and everything else. There's just a missing in leadership. And so that's where we kind of slotted ourselves in a couple of years ago, totally by accident. Like the company just asked us to be a fractional CMO for them. You know, I was like, okay, let's give it a shot. And, and then you really kind of see what's going on. And having been in marketing and running marketing agency for so long. I really kind of know where all the bones are buried. You know, when somebody, you know, when this SEO company hands me a report and I know they've kind of fudged the numbers or cherry picked the data, like, you know, whereas a CEO might not recognize that.
Speaker 2 00:06:31 I see it right away, and I'm able to call it out. And, you know, we adjust as we go.
Speaker 1 00:06:37 All right. So share a little bit if you could mark about maybe trends that you've been seeing in marketing. So you know, for those business owners that are listening right now and get a lot of folks that listening to this program tend to be kind of seasoned, but they're focused on lots of things. And so you've got your ears to you've got your ears to the track on what's been going on in marketing. And so I'm curious what observations you have on what's trending, what's on the horizon, what is fallen out of fashion. can you give us a state of the Union?
Speaker 2 00:07:10 Yeah. I mean, it changes so fast. So by the time, you know, we're done here in, you know, in 20 minutes or so, like, like I probably have a different answer for you, you know, because it's changed. but one thing that that, I find that that is really, is very solid.
Speaker 2 00:07:30 Is, is your, your voice, your approach, your story, who you are. How do you like, like, you know, your transparency, your ability to, actually be human, you know, within your marketing, you know, the tactics are great, but if, you know, if you have a great new, fresh Google tactic, you know, for Google ads or for SEO or whatever, and it drives a bunch of people to a site where it just doesn't connect with people. It's just not going to work. So. so really nailing down you know who you are and how to present yourself in a way that, really speaks to that audience is always key. Like, you always have to start there and have that nailed down.
Speaker 1 00:08:14 Yeah. Mark, talk about, what engagement looks like when you're working with a client. What does that typically look like? You know what? What might your client be coming in with? I do. Do they know that they have big gaps? Do they know they have big problems? And so they're seeking you out.
Speaker 1 00:08:32 and then when that happens, where do you usually begin?
Speaker 2 00:08:37 Sure. So so in most cases, our clients come to us because they don't know the answer to certain questions. Like when you ask them, you know, how's your marketing going? They go, I have no idea, you know, is what's your conversion rate? I don't know. you know, is your marketing working? I've no clue. We're paying people. We're paying people out of money. I just don't really know if it's if they're doing what they're supposed to be doing. Like, there's there's a sense of like, just. they just seem disconnected from, like, we just don't know what's going on. So that's usually when I get the call. which is why our first step when we work with somebody is, is, transparency. Like, the first thing that we'll do is we'll we'll dig into all their tracking. Let's figure out where every visitor is coming from. Let's figure out where every lead is coming from. Let's find what's working and what's not working.
Speaker 2 00:09:23 You may be spending 20 grand a month in Google ads or whatever, you know, and then once we really kind of get down to it, you're you're, you know, you're losing money, or maybe you should be spending $50,000 a month. You know, we really don't know until, you know, and it's and it can't be a gut feeling. You know, it's got to be like based on data. So we spend a lot of time in that first in that first couple of weeks, really getting, you know, grabbing hold of, of, you know, where all those leads are coming from. Make sure all your tracking is set. and then, the second piece is we get to know your team. Like, I want to know what agencies you're working for, working with, if you have any. if you have any internal marketing people, I want wanna know who they are. We want to talk to them, figure out who your team is. Because, you know, if you know, now that we have the transparency, now that we can make smart decisions, who are the people that are going to actually implement these decisions and are they the right people? Do we have the right people in the right place? You know, and then and then beyond that, we have the actual strategy.
Speaker 2 00:10:21 So, you know, we can't really, you know, you know, we can't implement a strategy without the right people, and we can't really have the right people without the right data. So it really is that, you know, that transparency, figuring out the data, getting the right people in place and then developing the strategy, whereas a lot of people just start with like, what's our strategy? Let's just start throwing, you know, spaghetti at the wall.
Speaker 1 00:10:42 Ready, shoot. Aim. Right, right.
Speaker 2 00:10:45 And marketing has gotten more and more expensive. If you look at paid ads, you know, this year versus last year, they've almost doubled in price, like it is only getting more and more expensive. So you have to be really smart about what you're doing.
Speaker 1 00:10:58 Yeah. Mark your website is loudmouths.com. Do you mind maybe just sharing a little bit about the resources that you make available? So even just, you know, kind of outside of direct engagement with your clients, I mean, I guess what is your thought leadership that you share or what kind of content or resources do you generally make available to folks?
Speaker 2 00:11:20 one of the things that we put out, we put out an e-book, a couple weeks ago that, that everybody seems to be clamoring over, that, that, that, has, has grabbed some attention.
Speaker 2 00:11:32 And it's about what we call, like breaking the marketing agency cycle. And this cycle is this idea that, you know, you get all excited, you hire a marketing agency, maybe they're an SEO company or Google ads company or social media company or whatever. You hire them to do some marketing for you. and, and then you get to that first meeting and they're like, well, it's a little too soon for us to see results, but here's what we've been working on. Okay, cool. Then the next month, it's just like we're starting to see a little activity, but it's still way too soon to really be celebrating anything. And then you start getting a little antsy, you know? And so meanwhile, you're spending money every month and you're not quite getting anything, and then you start getting frustrated, and then you start getting angry, and then you fire them because you're like, you know what? It's been six months. I'm not really seeing anything. Or I just keep getting dragged along, you know, for this ride.
Speaker 2 00:12:17 And it's just getting very expensive. I need to see results. So you get rid of them and then you go to a networking event, you meet somebody new and you hire that new agency. And then guess what? The month, the first month rolls around and it's that same thing. Well, it's a little too soon for us to see anything then, you know, and it's that just that constant cycle of, you know, finding agencies spend a lot of money, get frustrated, fire them, start over. And, and so we put together an e-book that kind of explains that process. And then what to do to kind of break that cycle. You know what? How can you have what are the right conversations to have with your agency? How do you hire the right agency? How do you, you know, how do you set yourself up for success? Because a lot of times you have very different goals from the from like your SEO company, and nobody really knows this. You know, you're looking at revenue saying like, I really need revenue to to go up or down 10% for the month.
Speaker 2 00:13:06 And then you get into the SEO meeting and they're all excited because they got this one keyword to rank in the top ten and they're celebrating. But meanwhile the revenue is down like I don't really like. So you have very different goals. They're working with one metric, you're working with another. How do you get all that to start to, you know, how do you communicate with them in a way where everybody's on the same page. And so so that book has, has really kind of caused a little bit of a stir and gotten a lot of people, you know, a lot of people that help or that that understanding with how to deal with agencies.
Speaker 1 00:13:36 Yeah, man, I just that meme comes to mind of that Olympic athlete who's like, you know, shooting the champagne and biting the metal and stuff like that and celebrating. And then of course, it has a picture of all them together, and he's on the lowest pedestal out of all of them. That's kind of immediately what comes to mind when you think about that SEO agency.
Speaker 2 00:13:55 Right? Right. Exactly.
Speaker 1 00:13:56 Five in each other over a yeah. Cool. That's. Yeah.
Speaker 2 00:14:00 We got a keyword that doesn't drive any traffic like this, right? That's, you know, I mean, it's great, but it's not helping us. Yeah.
Speaker 1 00:14:07 I mean, at the end of the day, I think most clients what they want is, you know, they want to increase revenue. Like what is driving the bottom line, you know, where is business growth and revenue coming from? That's what matters, you know, not some of maybe these fluffy emotional things which are great. But at the end of the day, I mean, we gotta, you know, we have to, you know, CEOs and founders have a lot of decisions to make. We have a lot of pressure on our shoulders to to lead the company in a way that benefits the market. And, you know, our company and our teams and so forth. That's yeah. So there's a, you know, a lot of things to feel good about.
Speaker 1 00:14:41 But then there's the important stuff that I think really matters at the end of the day.
Speaker 2 00:14:45 Right. And, you know, when you walk into a meeting and, you know, let's say your AdWords company is celebrating the fact that, like, hey, we got the cost per lead down 30%. Like, that sounds really good until you realize that that, you know, the cost per lead went down because the quality of lead went down. Also you know, so we're buying cheaper leads that aren't closing as much. So now, even though the cost per lead is down, that's not an indication that we're successful because our revenue might be down also. So so really the only number that matters is like, you know, I want to know what the revenue is like. If our revenue is going up, we're doing something right. And then what we do is we go back and track like, okay, where is that revenue coming from and how can we do more of that? Instead of saying like, hey, let's get the cost per lead down and just assume that it's going to impact the revenue.
Speaker 2 00:15:30 It doesn't work that way.
Speaker 1 00:15:31 Yeah. Mark Henson, your website loudmouths.com, you shared, you know, certainly like grab that book. do you know what folks click on in order to get that?
Speaker 2 00:15:43 Yeah. If you just go to lab mouse. Com slash breaking. Right. and yeah, like I said it's a new e-book. So, it'll probably be by the time people are listening to this, it will be on the site. It'll be front and center. but we literally just released it about a week ago. So if you go to lab mouse com slash breaking, you'll find it that way as well.
Speaker 1 00:16:01 Yeah. Love it, love it. Mark Anson again, you are the founder and CEO of Loudmouths, aka also the Big Cheese. your website again, loud mouse comm. Mark, thank you so much. It's been great to have you.
Speaker 2 00:16:14 Thanks, Josh. Appreciate it.
Speaker 1 00:16:22 Thanks for listening to the Thoughtful Entrepreneur Show. If you are a thoughtful business owner or professional who would like to be on this daily program, please visit up my influence.
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