Showing posts with label Marketing. Show all posts
Showing posts with label Marketing. Show all posts

Tuesday, August 31, 2010

Content creation strategies

Marine Institute Ireland, Strategic_Planning_S...Image via WikipediaCreating unique content probably sounds daunting, especially if you are running a small business and you are already head cook and bottle washer. To ease some of the burden of creating content you should first come up with a strategic plan for all your inbound marketing initiatives including content. Here are a few thoughts on building a content strategy. If you have other good strategies please share them.
What makes good content?: As described in the previous post, content needs to be high quality, relevant and non-pitchy. 
Forms of content: The items you produce do not need to be a War and Peace sized endeavor. People are already inundated with loads of content so it makes sense to make your materials easily digestible and simple to understand. As such, think of delivering quick snippets from research you have done or read, trends you are seeing in the market and why they are important and what they mean to your customers, and, possibly most importantly, links to other content providers that you consider valuable (see here for a post from Hubspot on the importance of link building). You should also consider developing some white papers and cases studies on how you solved a customers pain.
Shareable: All of the blogging platforms have widgets that allow readers to share your content with others. Make sure you have enabled them.
Tracking: Tracking how readers are reacting to the content is extremely important as it will allow you to spot what your followers are most interested in and not interested as in reading and sharing. There a number of different tools available to track your content (good overview here). At the very least you should use a service like bit.ly for simple tracking purposes. 

These are just a few simple thoughts on how to develop a content strategy. Please share your own.
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Wednesday, August 4, 2010

Meet the new boss/Same as the old boss

Content is still the boss, even more so with the increased use of inbound marketing techniques and the proliferation of mobile devices providing any time access to this content and social media platforms. According to Terametric, 85% of companies us Facebook in their a marketing strategy, followed by Twitter 77%, LinkedIn 58%, and YouTube 49%. These statistics show the reach and importance of these channels but they also highlight that there are a lot of firms out there trying to communicate with customers, potentially the same ones you are trying to gain attention from. So how do you differentiate? Quality, relevant and non-pitchy content.
  • Quality: The quality of the content increases when the source is seen as credible and reliable. This could be in the form of a well-known author or a large survey where the methodology is clearly laid out for review. 
  • Relevance: Somewhat self explanatory, but you need to make sure the content is relevant for your audience. The content should inform and educate your audience about market trends, customer attitudes or relevant problems.
  • Non-pitchy: Do you remember the last advertisement or marketing message you saw? How many of these messages do you think we see on a daily basis? Do you remember the last good article you read? The content should not be a veiled advertisement for your product or service. Your content should inform and educate your audience, not sound like a late night infomercial.If your audience believes that all you are trying to do is advertise to them, they will tune you out immediately. 
Content is and will always be the boss. However, given the amount of content that is out there and accessible you need to extremely strategic in the development and dissemination of your content to ensure you are the one your audience is listening to.
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Monday, July 19, 2010

Plan your inbound marketing efforts

After describing an inbound marketing strategy I was asked how I would implement and manage all of the different properties and postings.  It is a good question, especially if inbound marketing activities are only part of your initiatives as managing the different platforms can be very time consuming and difficult to track.  If you do not  have a plan the postings cans lose some of its effectiveness as the messaging can seem muddled and ad hoc. In my last post I discussed the different ways to use each platform, now you need to implement a plan to make sure you are getting the most from your efforts.

You need to draw out a weekly, monthly and quarterly plan of inbound initiatives and make sure you know when these will all fall and who will be responsible for managing them. The plan should take into account any upcoming case studies, white papers, webinars, banner or other forms of advertisement and event attendance or other items so you can schedule announcements appropriately. You also need to assign people to manage these events on the different platforms. For example, if you have  technical white paper coming out in two weeks, it would make sense for someone on the development team to write a blog post about the paper and possibly promote it on LinkedIn. You will need to make sure that person is aware of their deliverables and know when and where they need post. You need to plan like a marketing agency would plan for more traditional activities to make sure your messaging is cohesive and accomplishes your objectives.

Anyone else have thoughts on how to plan or some best practices?
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Tuesday, June 22, 2010

Cleaning out the marketing attic of the mind


Cleaning out the marketing attic of the mind.
  • We received our first lead from Facebook. I am still amazed when I look at referral traffic and Facebook is one of the highest referring properties.
  • Still somewhat skeptical of Twitter, however. Not sure I have gone to a site to purchase something based on a Tweet. It is good for finding interesting articles, but is that all there is to it?
  • Need to start thinking about how and if to include Youtube and Flickr in our social media portfolio.
  • The soccer world is not helping to get the US as an avid follower with all the fake diving in the World Cup. Brutal.
  • The vuvuzela's aren't helping either.
  • If you are interested in Inbound Marketing or how to use social media in general, you must subscribe to http://blog.hubspot.com/
  • User generated content is going to be the learning platform of the future.
  • The golf industry needs to slow down new product introductions. You can get last year's model's for next to nothing. It is like they have not noticed that consumer spending habits have changed.
  • I do not have a good feeling about economic recovery in the second half of 2010 or even 2011.
  • When was the last time you saw a really funny commercial? 
  • I wonder how the marketing folks at the Bruins office are going to spin next year after the awful fail of the playoffs and the lousy 3 decades. "This time we mean it!"
  • Obama could use a new PR and marketing person.
  • Not quite sure I get what is happening at Google. I get search/ads, android and apps but not Buzz or them opening a music store. Seems like they are trying to be like Apple instead of choosing their own path.
  • Worked on my first logo design project this year. Not as easy as it looks. Makes you appreciate some of the iconic logos out there.
  • Very clever: http://www.cheeseandburger.com/ Definitely a bookmark for burger ideas.
  • Going to be revamping our corporate website in the coming months. Really need to make it more informal and social. Something our brand is not necessarily known for in the market.
  • What is the next great idea in the vein of the iPhone, Google, Facebook, Twitter?



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Tuesday, May 11, 2010

Ollie Ollie In Come Free

{{de|Coca-Cola Weihnachtstruck (auf dem Dresdn...Image via Wikipedia
As my kids get older, I am amazed that they use the  same expressions in their games and daily play that I did when I was their age. I did not tell them any of these but they have picked them up on their own, somewhere. It made me think about how powerful it would be if you could create your own slogan or brand reputation that is passed from user to user or even generation to generation. There are certainly examples:
  • Have a Coke and a Smile
  • Good to the last drop
  • Snap, crackle and pop!
  • I'm a Toys R Us kid
  • A diamond is forever
  • Got Milk?
And then there are famous characters from Ronald McDonald, the Donut Man, Burger lady, Marlboro man, Flo, and the Geico Gecko as well as  iconic firms like Coke, IBM, Apple, and others that have enjoyed a long held brand respect in the market they serve.

I am wondering with the noise of all the social media platforms if it will be easier or harder to have a long lasting  impact in the marketplace like the ones referenced above. The item that was "it" yesterday can be torn down and replaced extremely easily now and that has huge implications on developing brand equity. Given the power that has been transferred from marketing departments and media agency's to the end user we may see the consumer become the generator of the next great brand or slogan. The hard part will be giving up the control over the message, but that is already happening so the sooner you can embrace it the better off you will be.

Ollie Ollie in come free - who will be next?


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Tuesday, March 9, 2010

An integrated approach to technology and market strategy is critical to success

Looking south above Interstate 80, the Eastsho...Image via Wikipedia
The firm I work for has several new products being released over the coming months that will require a technology acumen that we are not currently best suited to handle. As a result,  we need to develop a long term technology strategy to support the release of these products. Additionally, our marketing needs to be aligned with the technology road map to ensure that we are messaging our new capabilities in a cohesive manner. If you are a technology company, you can no longer think of your technology and market strategy as mutually exclusive.

SaaS firms like Salesforce.com understand that there is no difference between its technology infrastructure and go to market planning and messaging. However, some firms, in particular mine, do not view technology and marketing as related to one another. An approach like this will dilute our overall messaging and branding and could lead to confusion about who you are in the marketplace. Additionally, if you do not implement a strategy road map that looks at technology and marketing strategy as an integrated unit then you will end up supporting multiple one-off technologies and have to craft multiple messages.

In the past, the positioning of my firm was one as a content provider or publisher. However, we are releasing a new platform that will make us more of a service provider that delivers content, with as much if not more focus on the technology than the content. Our approach to date has been to explore individual technologies like vcms and mobile, an approach that only addresses weaknesses and is not an overall road map. The goal now is to work with the technology group as they map out their needs so we can also adapt our messaging to fit this new world order.

So my advice is to integrate your technology and market planning to make sure each one knows what the other is doing so there is no disconnect.
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Monday, January 4, 2010

Good example of a nice initial approach

I recently received the below email and I thought it was a very good way to approach someone who may have a need for your service. No hard sell, just an introduction and a request. Well done. Here it is. I left out the senders name but check out the firm.

Hi Barrett-

I was recently doing some marketing research and came across your blog. You offer some great insights in to the world of marketing, particularly online marketing. Your post about "Death of a Salesman" had some great points. The more the consumer can be directly involved with the process, the more it becomes being what they are looking for, and less about selling to them.

I work for an online marketing start-up, Kutenda (Kutenda.com). We have created a toolset with PPC management, email marketing, website management, SEO and more- all in one place. Our goal is to help small businesses increase their visibility online and grow their business. To this point, online marketing is often seen as overwhelming and complicated, especially for small to mid-size businesses. That's where we come in. Our suite of tools is simple to use, with expert knowledge built in. In addition, we also provide training too, to walk people through the process, start to finish. We are working on getting our name out there and having people experience all we offer. I know how busy life gets- particularly after a holiday!- but if you have a moment, it would be great if you could check us out. Kutenda.com- we offer a great free trial program and a demo to learn more.

If you feel we would be a good resource for your readers, a link would be much appreciated. If you have questions, please don't hesitate to ask. I hope to hear from you soon. Thanks for your time and happy new year!

Sincerely,



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Tuesday, November 24, 2009

Can a B2B product be a luxury brand and marketed as such?

Patek Philippe & Co.Image via Wikipedia
The firm I work for, Harvard Business Publishing, is a division of the Hrvard Business School. Obviously our brand is very well known across the globe and the brand stirs certain emotions. High end B2C luxury brands like Bentley, Gucci, Aramni and Patek Philippe are also well known across the globe and also stir different emotions than a Dockers, Gap or Walmart.

Luxury brands command a price premium and usually justify the higher price by messaging the emotional benefits of owning such a product and implying that access is limited to only an elite few.
The P's are well defined in the marketing of luxury B2C brands but can a B2B brand also take some cues from these products in our own marketing?

Looking at a few of the luxury brand traits, you can see that B2B brands have the potential to market themselves as higher level than other products.
  • Pricing power: High
  • Emotional pull: High
  • Status: High
If your product does fall into the luxury B2B category, it would  seem that your approach to marketing should encompass the same attributes as B2C luxury brands. Off hand, I can't think of any true luxury B2B brands in the same category as a Rolex or Gucci. Can you?

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Thursday, October 15, 2009

Death of Salesman?

Death of a Salesman
Lately I have been wondering if, as social media tools mature, will marketing become the new salesforce or at least a closer extension than it already is?

There are certainly some products where face to face interaction is critical in the selling process. However, with more people doing research beforehand on social media sites and seeking out opinions/reviews on products, will marketing have to monitor those areas to make sure the correct message and information can be found. This role of gatekeeper seems more suited for marketing than sales to me.

Marketing's key role is communicating with the customer until they are ready to buy. Social media sites provide a great venue for this conversation. I do not think it is too far fetched to think that marketing could become a key player in turning prospects in customers without interaction from sales.

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Thursday, September 10, 2009

Eloqua and social networking

Social Networks Hype CycleImage by fredcavazza via Flickr

For those of you not familiar with Eloqua, it is a marketing automation platform. The software as a service allows you to track email campaigns, website visitors, lead nurturing and prospect profiling (among other things).

My company, Harvard Business Publishing, had a full time person working on Eloqua up until about 4 months ago. Since then I have been in charge of it. I have a basic understanding and really had just been using it for email campaigns. Lately, I have been trying to utilize more of the functionality to help drive leads.

One very interesting campaign I just launched involved placing links to Twitter, Facebook and LinkedIn on the landing page and encourage people to use those platforms to pass along information about the article we were giving away.The audience was probably not perfect for this experiment (high level C types), but the potential is very intriguing. Considering that many firms are seeing traffic from these sites explode I hope to take advantage of this trend for our website.

The one outstanding question is does our customer base utilize any of these services. I know a lot of our prospects are on LinkedIn yet I do not know how many are on Twitter. I expect few to be on Facebook, let alone use it for business. All of this goes back to a previous post I made about whether or not every business can use social media sites to driver traffic (Can any site use social media to drive traffic?). I think this will be a good experiment and possibly provide a glimmer of an answer to that question.

You can see the landing page here




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Thursday, July 9, 2009

The voodoo that you do to price software

Voodoo Soup album coverImage via Wikipedia

Of all the marketing P's, pricing evokes the most emotion across an enterprise. My perspective is in software pricing, a voodoo like process that somehow results in a "price." However, this is not before emotional feedback from all impacted - and that is just about everyone in an organization.

Marketing: Pricing should reside in marketing as part of the marketing mix. Mostly it does, but not without a lot of "marketing" volunteers.
Sales: In their opinion, since they actually develop proposals and talk to users about pricing, they own it and have the most knowledge of it. Marketing? Who needs marketing. Sales will tell us what the price should be, marketing just needs to develop a nice little slick.
Product Development: They want to make sure their "baby" is priced appropriately given all of the hard work and features and functions that are included (even if they are not needed. Hello, Microsoft.)
Accounting/Finance: They are privy to all the costs so they know what we need to generate in revenue to cover the costs and produce an acceptable margin.
CEO: Ultimately it is his/her head on the line if numbers are not met.
Your mother: OK, kidding, but just barely.

So be careful, once the subject of pricing is actually broached, be prepared for a lot of bitter feelings, hurt looks, and fighting over who is right.

Friday, March 20, 2009

Some Advice to Sales

Classical ideal feedback model. The feedback i...Image via Wikipedia

Our sales team had an onsite meeting over the past two days. Reps from across the US came in for a series of presentations before we start our fourth quarter (April). The marketing team was involved in a number of the presentations including a product launch of Leading Through Uncertain Times as well as a general session that provided an overview on some of our initiatives.

We received some good feedback that can definitely help us refine some of our programs and messaging. However, it also produced some frustrating moments, most particularly with the sales people who consider themselves marketing professionals. I am not sure this attitude happens between any other groups. Would you go up to accounting and give them advice because you do your own taxes or balance the checkbook?

Sales is a great source of information because of their frequent customer interactions that marketing cannot replicate. That said, I know marketing, you know sales, let me do my job and I promise not give you any suggestions on proper cold call techniques.


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Friday, February 20, 2009

Workflow marketing

Marketing should be a means to generate a conversation with your customers. Engage with them, identify their needs, pains and introduce your solution and value proposition. I am of the belief that this conversation, to be successful, needs to be done within that customers particular workflow. I call this approach Workflow marketing.

Workflow marketing is introducing your product when it is needed in a prospects daily routine. Interacting at the right moment is where social networking, blogs, ratings, wikis, audio, groups, etc. are so powerful because they are becoming ingrained in our every day routine and firms can leverage these tools to interact with prospects to start a conversation.

Workflow marketing is the opposite of flooding people with information in the hopes that they will remember you when the time is right. The key is to be there when your customer is seeking what they need as they will be more open to a dialog. Obviously, this is similar to behavioral marketing and targeting but I think it goes beyond those tools because it is less intrusive, less obvious and more welcoming to the prospect.


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Less with less vs. more with more

An example of a social network diagram.Image via Wikipedia

I heard someone say "less with less" is the new mantra of the day and that people now really have to do less with less at work. Less money,time,people,energy,you name it. Does this mean you should do less marketing however? I believe that this downturn is going to really show the value of web 2.0 and the associated social networking tools and services.

Web 2.0 tools now allow you to get even closer to your customer at minimal cost. Set your blog up to let your customers know what you are up to and also shed some light into the struggles that your own organization is experiencing. Set up FaceBook pages and start/join groups on Linkedin. Start to interact with peers to see how and what they are doing with less. The key is to become more open, more public, not secretive or go into bunker mentality and "ride it out." Everyone is in the same boat and looking for help and advice. The power of the network allows you to turn less with less into more with more.


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