marketing


Monday, February 1st, 2010

Small Business vs Big Business

In Social Media Marketing an Hour a Day, Dave Evans remarks on one of the reasons a company wouldn’t want to start an online social networking campaign.  Not enough happy customers!  In the online world, it takes seconds to share information with hundreds, even thousands of millions of people.  If your customers mostly don’t have good things to say about your service or product, opening the door to social media and the uncontrolled conversations that occur online could be costly.

Because small business owners tend to do a lot of the work themselves, and the customers often have direct access to the owner, it usually is easier to get good service.   Even custom service.  The result is that the customer tends to be happier and there is a better chance customers will be become Brand Advocates.  Compare this to a franchised operation!  The whole reason for franchising is so you can make a ton of money, in most cases.  Customized service tends to be a little lower on the list of priorities.

Ok, so as a small business owner you probably have more happy customers than your larger competitors.  And this is where your edge is over big business when it comes to social media.  The big companies tend to forget about the past customers and all of their efforts are on gaining new ones.  A great example of this are cell phone companies that give the best deals to the new customer, leaving their long-term customers out in the cold.

Why is this an edge for you?  Well, because in the case of a small business with a high ratio of happy customers, the customers can do the heavy lifting for you in the “new customer” department.  Remember, we are talking about happy customers here.  This edge doesn’t exist if your customers are mostly unhappy with your services.   The happy customers, however, by blogging and tweeting about their experiences, can affect the new customer’s opinion and decision to buy.  Do you research a purchase on Google before you commit?  Well, so do your customers!

Here’s a really simple strategy almost any business owner can use:

1.  Create a Facebook Fan Page for your business.

2.  As you come into contact your leads, prospects and customers like you normally do, work out a way to capture their email address with the purpose of inviting them to your Fan Page. This could be as simple as a sheet of paper on a clip board for their name and email address.  Tip: When a customer is interested but declines to purchase “right now”, mention you have a Fan Page on Facebook. 9 times out of 10 they are on Facebook and will agree to be sent a link to the Fan Page.

3. Schedule time each week or each month to email the Fan Page URL to these specific customers.

4. Keep updating the content on the Fan Page with news, photos, event dates, etc.  Make sure to add the “Reviews” application to the Fan Page!

5. Ask customers to write reviews and have promotions from time to time that give an incentive for your customers to share your company with their friends. Facebook has applications for that too.

A really, really good reason to have a Facebook Fan Page for your business is because it is completely indexed by Google.  One of my smaller clients has only been on the Internet for about 4 months, if that.  She doesn’t have a website yet, but she has a Fan Page.  With minimal content, she is now on the first page of Google when you search for her product by name.  Ever since we started that Fan Page her phone orders have been steadily increasing as well.

There is a lot you can do with a Fan page, and it’s free so it’s a good place to start!  As long as you keep your customers happy with good service, keep inviting people to join your page, and interact (read “listen”) with your customers, you’ll find that in most cases, your customers start marketing for you.  At the very least, you can improve your ranking on Google.

Having a Fan Page doesn’t mean you should avoid getting proper SEO done, or avoid getting a website or even avoid doing marketing and advertising.  All of those tried and true actions are valid and should be done if you can.  But if you can’t afford them, Facebook Fan Pages are a great way to get started.

Anyway, the point is, as a small business owner you have something the big guys don’t have.  YOU.  As long as your customers can easily “share” you with their friends (who are likely in the same demographic as your customer!), they can pioneer in areas you couldn’t reach for lack of a budget or other reasons.  I can’t think of any other medium where it’s easier to share than Social Media and online Social Networking . Ok, maybe preschool.   But 4 year olds are probably not the right demographic!

Written by: Trevor Eisenmen

Social Media Expert: Trevor Eisenman

Social Media Expert: Trevor Eisenman

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Wednesday, January 20th, 2010

How to Make All Your Marketing More Effective

Pretty much every business is going to attempt marketing and advertising to some degree.  There are those businesses that survive just through referrals, and maybe that’s all they need. But lately I’ve been hearing more and more that what used to work for business development isn’t working as well anymore, regardless of the method.

Postcards, mailings, TV ads, newspaper – Traditional Media just isn’t cutting the mustard anymore.  So what does that mean for the future of business development?

First off, Traditional Media may not be as effective as it once was, but that doesn’t mean it should just be canned.  From a “holistic’ perspective, it does have its place in the overall scheme of things.  Traditional Media is great for creating awareness and driving interest about any topic.  But realize that, because of the Internet, consumers have a voice in the marketplace they didn’t have before.  This voice is expressed through blogs, comments, Facebook, etc., and is picked up by new potential customers with the help of a quick Google search, and serves to validate (or not) your marketing message.

If a company is doing a bad job delivering what it promises, it is unlikely the world of social media will be very kind without first addressing that issue.  But that is an Operations matter and not the subject of today’s article.  Perhaps the next article.

So, potentially a business needs to continue their Traditional Media approach while also engaging in social media and online networking to ensure the consumer has enough information with which to make a decision: to purchase, or not to purchase?

Whether your business has been around for years or just got started, there is a way to increase the effectiveness of both Traditional (mass) and New Media (digital) efforts.  It’s very simple, but escapes the attention of many business owners.

Take the blindfold off.

Yep.  It’s that simple.  Let’s look at this from the perspective of two gunmen at target practice.  They both have the same model gun, bullets and targets.  One of them, however, is blindfolded.  Assuming they have the same level of skill, which one of them is going to hit the targets more?  Obviously the one without the blindfold.

The way to remove the blindfold is to conduct market research.  But not just any kind of market research.  I mean emotional market research.

Sometimes market research is conducted, but all that is obtained is facts and figures.  What you need are the “buttons” that when pushed, get an emotional reaction, and communicate directly to the heart of the consumer.

A fatal, fatal mistake is to assume that you know exactly what your customer needs and wants, and that you know how to communicate to them on an emotional level that will speak to their mind on the subject.  Did you ask them?  If not, you just might be off an inch or too. However, we are looking to hit a bull’s-eye, not just get kind of close.

Case in point:  One of our clients, a skilled and trustworthy attorney, had a 2-3% conversion rate for his Pay Per Click campaign before market research was conducted.  All of his marketing, both paper and online, spoke a very conservative message: “I am an attorney”

Market research dug deep and  revealed his potential clients didn’t trust attorneys.  They also weren’t conservative about the issues they had, they were angry!  So the existing marketing efforts missed on two levels.  Potential customers couldn’t “see’ the advertisements because they couldn’t relate to them on an emotional level, and an attorney was the last person they would seek out to resolve their valid cases.

The solution was to re-brand the attorney as a “Consumer Advocate” and change the imagery in the advertisements to show angry and upset consumers.  Instant success!  Conversion rates rose as much as 8%!

Market Research can save a business thousands and thousands of dollars if it’s done correctly, and the data is usually valid for at least 10 years.  How much more income would your business have if your existing marketing was 8% more effective? Take 10-20% of that figure and invest it in Market Research, and see your results soar accordingly.

Make every move an effective one.  Get market research done for immediate use, and use social media to create a permanent “feedback loop” so you always have up to date information (the good and the bad), and the door to success will open.  If you feel like you don’t know what to do, you just might not have enough information to make a decision.  Done properly, Market Research will give it to you.

Written by: Fletch Murray

The Association


President of The Association

Fletch Murray

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