3 Learnings from Transforming a 50-Year-Old, 7-Figure Marketing Budget from Traditional to Digital
A digital agency shares lessons learned while helping a 50-year-old company shift its marketing budget from traditional media to digital advertising.
Companies all grow at their own pace. While you can push your company to grow, you can’t usually force it. When attempting changes a company isn’t ready for, things break. People leave. Things break down. Which can only stall the growth process.
Animus Digital worked with a 50-year-old business transitioning from traditional media, print, and old-style SEO to digital advertising and remarketing. The process revealed key learnings for entrepreneurs attempting growth, especially with mixed-age demographics.
Age Matters
Before making strategic changes, establish a baseline of what’s working, who it’s working with, and what sales it produces. This client’s audience was 65%+ over age 45 with high disposable income and strong brand trust, but they didn’t actively shop digitally.
Traditional TV and radio advertising provided little demographic data. The team adapted by using Facebook with suspected demographic targeting to reach similar interests, accounting for age-specific needs rather than rushing into aggressive digital campaigns.
Faster Is Not Always Better
The team implemented a year-long, quarter-by-quarter budget transition rather than rapid market blitzing. Each quarterly update focused on:
- Updating creative carefully to avoid alarming the older customer base
- Transitioning budget to digital while measuring impact on results and lead value
- Coordinating internally so operations could manage expected changes
Thoughtfulness proved essential given the company’s extensive history and limited existing marketing data.
Data Is In Charge
Most businesses make marketing decisions without collecting clear data, essentially “shotgunning” money into the market. This company struggled with data collection beyond a few key employees.
The team bridged gaps between sales and marketing departments, creating dynamic dashboards feeding live marketing data into a single viewable space. This clarity made budget adjustments and operational changes smoother and helped eliminate outdated practices with evidence-based support.
The results: the team 6 to 7 X’ed every dollar they spend digitally, and continues the multi-year transformation journey.
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