Smitten with Content Marketing

Small Businesses Are Smitten with Content Marketing (For Good Reason)
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Content marketing

Content marketing may be a term you’ve heard tossed about lately, and still may not know exactly what it means for your business.

Simply put, content marketing is the practice of creating, collecting, and making available fresh content for your readers. This can come in many forms, such as blog posts, articles, whitepapers, short reports, videos, podcasts, ebooks, social media and more.

We live in an age that treasures information, and the more you can provide your readers the more authority you will carry in their eyes, which can often result in better rankings, more traffic, links, and sales.

Content Marketing is getting more and more popular
According to BusinessBolts.com this year some 74 percent of businesses plan to do an increased level of content marketing. Only 4 percent are not. There are many reasons for this, among them cost-effectiveness, near-instant results and control over the medium.

With Content Marketing you are able to shape your message, control the flow, and utilize many different mediums to get your content to your market.

For example, an article or blog post may be written, posted on your site, excerpted in social media, made into a video or audio and social bookmarked across the web.

Repurposing your content for various platforms is the order of the day. Moreover, this can happen quite often, and an entire content marketing campaign can be realized quite quickly.

A real-world example of how content marketing can rock your sales
The New York Times recently profiled a Northern Virginia company, River Pools and Spas, was that watching as their sales tanked due to the housing recession of 2008. Orders shrank from six per month ($50,000 a pop) to less than two. What had been a $250,000 yearly spend on radio, TV and pay per click advertising, was now out of the question.

Instead owner Marcus Sheridan embarked on an ambitious content marketing campaign consisting of blog posts and videos, and within a short time had not only recovered but exceeded pre-recession levels.

In fact, Sheridan attributes nearly $2 million in sales to a SINGLE article he wrote on how much a fiberglass pool should cost!

Content marketing can and should be a major piece of your online marketing strategy for 2103. The good news is that it’s all within your control!

The Awesome Power of Video Marketing

The Awesome Power of Video Marketing
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Video marketing

Quite often, the biggest challenge we’ll ever face in online marketing is extending the reach we have. One of the fastest and easiest ways to do that in 2013 is by using the immense power of video marketing.

The evidence is staggering: online video has become inextricably woven into the fabric of our daily lives. According to Nielsen, YouTube attracts more than 136 million unique viewers per month. Another very recent accounting done by comScore shows that in November 2012 alone the average viewer enjoyed 1,182 minutes of online video! That’s a lot of watching.

So what are some of the benefits of video marketing?

There are many, but let’s just focus on a the top five:

Improve your search engine presence. Ranking videos high on YouTube and Google is significantly easier than ranking web pages. According to one calculation from a Forrester Research analyst, you have a 50x better chance of ranking video content (versus text content) on page one of Google!
Increase your reach. Having your videos on platforms where millions congregate will help spread the word about your business quickly. According to Facebook, posts that incorporate a photo or video generate 120 percent more engagement than the average post!
Improve your branding, trust and online authority. Simply putting a face to the name can lend authority to your business. According to a CMI survey, 46 percent of people say they are more likely to seek information about a company, product or service after seeing a video about it.
Generate traffic and help with lead generation. A video that becomes popular can result in a great deal of new visitors and business.
Catch a wave. You can respond to market events and news incredibly quickly (sometimes the same day) and reap the search benefits of first responders.

An example of how video marketing can make a difference

BlendTec, a Utah based company that sells commercial blenders, spent $50 on five videos, using the hook, “Will it blend?” Their videos showed them blending everything from iPhones to marbles.

These, short low-budget videos generated more than 35 million views, which helped sales grow from $2 million to $10 million in two years. Not bad for a $50 investment!

It’s no surprise, then, that 22 percent of U.S. small businesses plan on using video in the next 12 months to promote their business!* (Source: BIA/Kelsey)

Would your Company Benefit from Having a Mobile App?

5-13-mobile-appsWould Your Business Benefit from Having Its Own Mobile App?

It’s no big secret that mobile has captured the imagination and a lot of market share when it comes to online shopping.

In its early years mobile faced many challenges, such as people not trusting their provider to provide a safe, secure transaction, to the prevailing practice of using mobile only for location.

Mobile has now overcome much of this and is poised to offer so much more to companies willing to go all in.

One thing is abundantly clear: the numbers are staggering. We can’t resist tossing in some revealing statistics:

According to Frank N. Magid Associates, over three-quarters of Americans age 43 and under now use a smartphone; in other words, the people doing most of the buying.
Nearly all Generation Y consumers owned a mobile phone of some kind and 72 percent owned smartphones. Source: Forrester, 2013
Time spent with mobile apps is starting to challenge television: consumers are spending 127 minutes per day using mobile apps—up 35 percent from 94 minutes a day in the same time last year—and spend 168 minutes watching television per day. Source: Flurry, 2012

However, you still may have questions as to whether or not taking the time and expense to develop a mobile app is right for your business. Let’s look at some pros and cons.

Some of the Pros of Mobile Apps

Repeat business and instant feedback – We crave convenience, and by having your app available makes it easy to get repeat business. You also will get instant feedback, which even if negative can be good to know!
Far better presence – Instead of having the user search for your business on their phone browser, your app is front and center, ready for duty!
Helps you to brand and develop loyalty – By having your app on screens everywhere, your brand is always on their mind, making them far more likely to return to you.
Can also be a useful tool for sales team and vendors – An app for such as the one Bell Nursery uses to keep track of the 1700 people it uses to supply plants to 150 Home Depots is an indispensable aid to their business.

Now Some of the Cons…

Can be wildly expensive – While you can use a do-it-yourself builder or a software solution, the results may not be useful. An app with all the bells and whistles optimized for each mobile platform can run many thousands of dollars. If you can’t afford a multi-platform app just yet, settle for your mobile website until you can.
Need to be fresh – Unfortunately, apps are seldom set and forget. Your users will soon get bored without fresh, updated content.
Requires different apps for each phone platform – Unlike a mobile website, mobile apps have to be built specifically for each platform: Apple, Android, etc.
Difficult to measure return on investment – Can be very difficult to gauge.

Walking Before Running
The fact is, most small business don’t have mobile-friendly website—so that’s where most of you should start before you even consider going the app route. (As it happens, 3 in 10 small businesses still don’t have a website at all!) Nonetheless, it’s certainly worth considering a business app in the future, once you’ve mastered the basics of mobile marketing.

Is a Customer Loyalty Program Right for your Business?

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Is a Customer Loyalty Program Right for Your Business?

Customer loyalty and rewards programs have been around for ages, though their online cousins are a relatively new addition into the mix.

Businesses are always on the lookout for ways to keep loyal customers coming back for more, and increasing the lifetime value of that guest. The good news here is that with few exceptions, a customer loyalty program could be an easy and painless way to do just that for your business. Let’s look at how.

How does an online customer loyalty program work?

An online customer loyalty program replaces all the cards customers would otherwise have to carry around with them in their wallets, purses or keychains, and instead allows customers to give their mobile numbers or email address at checkout who enters it right into the register.

This enters them on to a customer database (totally permission based) and enables the business to send offers and news about their membership. This rewards loyal customers with prizes and discounts for both purchases and interactions.

Why should you do this, and what would be some of the applications?

Beyond the obvious benefit of being able to sign up existing customers to your list, there are a number of ways business owners can benefit with this type of program.

Announce sales, offer discounts and new products and services.
Target your customers using the geo-location capabilities of their smartphone, for spur-of-the-moment promotions.
Consider “gamification” of your loyalty program, as this increases engagement many-fold.
Accept mobile payments from the same platform.
And most of all, improve customer retention. According to study by Bain and Co., a mere 5 percent increase in customer retention can result in up to 75 percent more profitability. Is that worth it?!

An example of how well a mobile loyalty program can work!
Jersey Mike’s Subs launched a mobile loyalty program in April 2012 and within one month had signed up more than 200,000 members nationwide! Their loyalty program was allows customers to earn free food and benefit from frequent special offers.

All that is needed from their customers is a mobile number, and Jersey Mike’s can communicate with its customers directly both locally and nationally, thereby targeting campaigns accurately. Mobile loyalty has helped this 56-year-old company find ways to expand their revenue using their current base.

So what about your business?

Implementing an online customer loyalty program can be the deciding factor in whether or not your business finds profitability in these tough economic times. This can be done with a relatively small investment, and utilizing your best existing resource: your current customers!

Common Social Media Mistakes

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5 Common Social Media Blunders and How to Avoid Them

Social media marketing for your business is tough enough without shooting yourself in the foot. Self-induced social faux pas are easy to commit, and difficult to overcome. Social media is not only necessary to include, but crucial to get right! Even though 74 percent of brand marketers saw an increase in website traffic after investing just 6 hours per week on social media, in contrast to another 83 percent have abandoned a purchase after a bad or non-existent customer service incident. (Creotivo.com)

So to help you ward off the mistakes that could be looming in your social media marketing, here are five social media mistakes you need to avoid!

  1. Not engaging with your audience – Make sure you are actively engaging your social media audience. Seek advice, conduct polls, share funny stories (hopefully somewhat relevant) and ask their thoughts: they’ll gladly provide them, and you’ll be far wiser and nearer to your goals in a number of ways.
  2. Lacking excitement or passion – If you’re not excited about your brand, it’s likely to be very difficult to get other people excited about it, either. Communicate this in your postings, and in your campaigns. Everybody wants to create a buzz about our businesses, but it starts with you!
  3. Always promoting – Nobody wants to be constantly sold to, and social media is littered with companies that have tried. Endeavor to develop relationship and trust first, and after that it will be much easier to send an occasional selling message.
  4. Not responding to your customers – There is no faster way to ruin whatever goodwill and respect you’ve developed in your brand than to ignore your customers. It’s way too easy to totally miss customers and prospects posting their concerns, questions or complaints on these very platforms! Don’t be that guy!
  5. No plan for social media – Not having a strategy for your social media marketing is sort of asking for it to fail. You need to understand why you’re doing, and which platforms are ideal for you. (Not all are!)

We would be remiss if we didn’t share a link to a glaring example of what NOT to do! After the recent Boston marathon bombing, the food site Epicurious sent out a couple of unfortunate tweets.

Take Charge of your Online Reputation

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5 Simple Ways to Help Manage Your Online Reputation

We live in a world where communication is near instant, word travels unbelievably fast, and if you’re not alert your online reputation can be trashed in nanoseconds. Many aren’t cognizant how vital it is to safeguard your online reputation. Cone Communications reports that some 89 percent of consumers regard online channels are trustworthy sources, and that another 80 percent have gone so far as to change their mind about a purchase after reading a negative comment or review. Further, your social media is where they’re talking about you. The Society for Communications Research reports that 72 percent said they research companies through social channels before making purchases, and that 59% use social sites to air their frustrations about your customer service.

5 Quick Tips to protect your online reputation

  1. Check your online reputation regularly – Google yourself and your company name as a minimum once per month. Create Google alerts to inform you if there are any mentions of your names or brand. Easy, free and necessary.
  2. Claim online real estate – If you don’t own your company’s domain name, or your personal one, make an effort to try and own these. Lots of damage can be carried out in your name otherwise.
  3. Be proactive on your social sites – Like your domain name, claim any Facebook, Google or LinkedIn pages that bear your name. In addition to that, make an effort to use them regularly.
  4. Deal with any detrimental content quickly – Do your very best to deal with negative postings and complaints expeditiously. Try hard to make contact with the poster directly, offline when possible, and see if you can handle their concerns. DON’T get in to a flaming match online. You’ll be the loser.
  5. Be mindful of what you post – Use your head when posting. If this can come back and bite you or your business later, don’t post it. Those lovely pictures of you and the crew tying one on in in the strip joint are best left out of your online world.

We live in a fast-paced, information driven world. Be sure you’re on top of it to successfully manage your online reputation!

Text Message Marketing

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SMS Marketing – Reach People Where They Live – Their Phones!

Who would have thought that text messaging, which was generally the land of the pre-teens, would morph into anything as valuable and powerful as SMS marketing? In just a very short time, SMS (simple message service) has shown to be a proven alternative option to email marketing. Achieving more and more popularity, it’s challenging to find anybody who is not using text messages in one way or another.

Why SMS marketing deserves a serious look

Without a doubt, the main reason marketers are giving SMS a try is because of how folks are responding to texts. Reported by CallFire SMS text messages boast a 98 percent open rate as well as an eye-popping 83 percent are opened in the first three minutes of getting them! What’s more, marketing promotions utilizing text messages are being redeemed at 20 percent or higher, in contrast to traditional media such as coupons, newspaper ads, radio, or direct mail, that average redemption rates of a paltry two percent. CallFire also says that your ROI (return on investment) could be far greater than in traditional media. As an example, a campaign with a monthly cost of less than $30 to send 1000 text messages, and redemption rates of 20 percent or more, works out to be less than .30 cents per customer acquisition. Not bad.

4 Recommendations for successful SMS marketing campaigns

  1. Be certain to deliver value – Be sure that you’re not wasting their time! Give great value, whether you’re delivering a palpable offer or just directing them to somewhere where they can consume more great content. Deliver Value!
  2. Keep it short, sweet and personal – Personalizing your texts and keeping them friendly and brief is a good recipe for success with SMS. Something such as, “Hi Mandy, thanks again for shopping with us! We look forward to seeing you again soon. Show this msg to receive 20% off your next purchase at [STORE NAME & PHONE NUMBER].”
  3. Include a call to action – Make sure you ask for the action you want them to do. Saying something like “Text SaveNow to 123456 to get a 10% off coupon today” will set their mind to action mode.
  4. Track your results – SMS is awesome when it comes to measuring metrics. There are a variety of things you can monitor on your campaigns, from click tracking to who opened what. So make sure you track and measure your results, to properly plan the next campaign!

Daily Deal Sites

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Daily Deal Sites – Look Beyond What You Read

You’d think from all the hate that’s been written about daily deal sites, and the way they are all a thing of the past as a means to market your local business, we wouldn’t like them either. You’d be wrong. There’s an awful lot that goes into making daily deal sites enhance your local business, and a few well-publicized failures, shouldn’t be the reason to avoid the daily deal model. As a matter of fact, when you take a close look, the lion’s share of them “failures” had plenty in common, particularly a glaring misunderstanding of the best way to run a daily deal promotion, poor negotiation of their deals, and not keeping track of their new customers redemption and spending. Given that they had unbelievable fails in these areas, is it any wonder they failed?

So why all the hate?

The well-publicized financial and structural changes Groupon and LivingSocial have been going through are often cited causes of dislike. The press is only too quick to point out the unfavorable issues with some daily deal sites. They repeatedly point to things like spam complaints, a crowded marketplace of daily deals to pick from, “deal hoppers”, customers who hop from deal to deal and rarely become a regular customer.

3 Ways for you to help make Daily Deals work for your business

  • Understand the financials! – Be sure you clearly understand the numbers as far as your deal is concerned. Know your average sales volume and don’t exceed it with a daily deal. Negotiate credit card processing fees: most major daily deal sites will pay these!
  • Follow up with your new customers! – As many as 60-75 percent of these daily deal customers are trying you out for the first time, so it’s extremely important to have a plan to coax them back for a return engagement! Offer another coupon, or other incentives to ensure that you see them again!
  • Don’t go too big, too quickly – Start conservatively, so that you can learn the ropes and not be overloaded by the deals, and leave a bad taste in everyone’s mouth.

Daily deal sites aren’t dead, you simply need to understand how to best use them for your business.

Marketing Automation

5-13-marketing-automationUse these marketing automation tools to free up time and money

Are there just not enough of you? Are you feeling not only overwhelmed with the mountain of tasks that lie before you daily, but also more than a little afraid that things are slipping through the cracks? You’re not the only one. Because of the complexity and the sheer number of moving parts that go into online marketing in multiple channels these days, you absolutely need to employ some measure of marketing automation, or you may find it tough to compete. Let’s take a look at some real time savers.

Tools for marketing automation

There are oodles of great tools out there that you can spend your time and money on, for our purposes here I’m going to consentrate on three areas that can be gigantic time sucks and possess the most potential for return on investment.

Email autoresponder company – This is very likely the most vital piece to automate, for if you’re not utilizing an autoresponder to take care of your email marketing, you may as well not be doing it at all. Loading up your autoresponder with personalized content and marketing emails offers your customers and prospects the sense that they are being well taken care of. There are a many great email autoresponder companies out there, today some of the best are AWeber, GetResponse, iContact, and MailChimp.

Managing social media – Keeping your finger on the pulse of numerous social media accounts daily is not just a full time gig, but a hard one at that. You should utilize some sort of tool, and there are several good ones out there which allow you to keep track of mentions, shares, Tweets and even allow you to post to your social platforms. Look into HootSuite, TweetDeck and Buffer.

Automate tasks – As we all know there are many small tasks that require attention daily, or the entire house of cards may collapse! A few of the better tools to come down the pike in recent years are the development of task masters like IFTTT and Zapier. These tools, (similar in intent and application) can be lifesavers when it comes to automating tasks between two different services. Very handy, indeed!

Make sure to not let customer and prospects slip through the cracks with all your automation. Being there for effective customer service is a vital piece of business too!

Website Management

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5 Easy Ways to Spruce Up Your Site

Just like your home, your small business website also requires a yearly spring-cleaning. It’s very easy to let things slip, and the consequence of that could be a decline in traffic, reputation and ultimately sales. This can be a rather insidious way for you to lose traction with your website, as you don’t necessarily see it taking place. But it’s very real, and can have very real results.

So in the spirit of prevention, here are 5 ways you can make a positive change in how your sites appear, operate and prosper.

  1. How fast do your pages load? – You have under 10 seconds to load your page or the majority of people will exit and head somewhere else. Some reasons for slow loading pages are too many images, pages built mostly with Flash, and errors in your site code. This is something you want to check on, as Google will penalize your site in the search rankings if your pages take too much time to load.
  2. Old products, programs, links lurking – You should definitely remove any old product, programs and links that are no longer applicable. Nothing says your page is stale and dated more than your PDF download from 2008 that’s not only dated but unavailable. Dead links and 404 pages don’t help your search rank, either.
  3. Old content and images – Likewise cull out stale, no longer relevant content and images. Your old pictures from your company picnic in 2007 might not be considered fresh content, and that is what people and search engines both want!
  4. Social media – Make sure that your social media buttons not only link to your current social media sites, but that you are up to date with them. Pinterest and Instagram are later entries that might not be displayed in your social buttons.
  5. More fresh content that rocks – There’s nothing you can do to help in this respect more than to inject a fresh dose of new, relevant to 2013 content! If you have content on the first page of your blog that is more than a month old, you definitely should be more active with your content strategy.

Break out your virtual broom and start sweeping. Your visitors will thank you!