The marketing mistakes you are making right now.

March 6th, 2010

Being in business is hard and many business owners know they need to be marketing and advertising but usually lack direction. 

Here are some pointers:

Create a business identity.
Do your business cards, stationery and web site all have fragmented themes?  Do you have a professionally created logo?  Are you embarrassed to hand out your brochure or other collateral? In this world of advertising clutter it is important to do everything you can to stand out in your customers mind.  By creating a corporate identity for your business it will allow customers to easily remember you.  The good news is you can start this right away.  Even if you’ve been in business for a while you can pull all of it together and create one cohesive brand for your company.   In addition to being professional it also says to your prospects and customers that you care about your company and are it for the long haul.  Make sure you create your identity with your customer demographics and psychographics in mind.

Know your customers Demographics and Psychographics
I can’t tell you how many time I’ve heard “everyone is my customer” when asked who are your customers?  Lets use the 80/20 rule.  Eighty percent of your income in business comes from twenty percent of your customers.  Who are the top 20 percent?  Are they a stay at home mom with one child and a husband that is a white-collar professional? Blue-collar worker? Is the family income over one hundred thousand dollars a year?  Do they own a home?  Are they college educated?  Do they have pets?  Do they have a grandmother or grandfather living in the household?  Are they married or single?  Do they live in a certain zip code?  Etc., etc. What if you’re a business-to-business company?  Demographics could include; type of industry your targeting, yearly income, number of employees, business credit rating, square footage, how much do they spend on your particular services, location information, etc.  So how do you gather all this information?  Its simple.  If you have existing customers you ask them.  If you don’t almost every business has industry groups you can ask, there are also government websites to find this very important information. Psychographics are targeting by attitudes, lifestyles, beliefs, values, personality and purchasing motives.

Get some sales training.
There are many people that start a business thinking they are “natural” sales people.  And I can tell you they are not.  They might have charisma and that’s start but a far cry from having the ability to probe and close the sale.  In fact I think many business owners would benefit from a sales class or audio training course. In business, nothing happens until a sale is made.  NOTHING.  Even if you have a product that requires very little selling, it still needs to be sold. No matter what the product or service, if your customers have questions about the product or service or are on the fence about the decision you are going to need sales skills to persuade them to buy from you and not the competition.

When you are in business you need the skills necessary to make sure that your prospect stays engaged long enough to be able to identify their needs and ensure you have a solution to their problem.  Without sales skills your conversations will end too soon and questions will go unanswered.  And you will not be able to identify the need or the time to close.

Don’t advertise with blindfolds on. Get some advertising direction
When you are advertising your company in media it’s important to have a well thought out campaign that is designed to attract people and turn them from suspect to prospects or immediate buyers.  Your advertising campaign should not be created by the advertising representatives selling you the advertising placement.  Many of them are looking for you to succeed so they can sell you more advertising but their ideas become stale with time or they tell you what your competitor is doing and you do something similar without seeing if it is actually working. The graphic departments of the publication usually create ads that all start to look the same from company to another.  This is a bad thing.  Your advertisement should carry a message and a look that makes you stand out for the sea of advertisements in a newspaper, magazine or web site.  Your campaign should have a strong headline, a image that is of the same subject of the headline, a strong offer in the copy and a strong call to action.  The more copy the better. If you need more copy to explain your offer then use it.  Short and sweet will seldom work well.  It might create calls but many will be unqualified.

Do not advertising in too many places and make sure you have enough money for frequency.
Marketing your business is a slow methodical scientific process.  Blowing your budget on 5 publications and 20 web ads per month without knowing what is working will hurt you and might put you out of business.  In advertising, frequency is always more important then size.  So if you can only afford one place to advertise but you can do it at least 26 times then that’s the vehicle you choose. (Providing it is targeted to the right demographic.)

Just say no to changing the look of your advertisements every week.
Keep the same look or theme to your advertisements each and every time you run an ad.  This means if your ads are in a publication for 26 weeks the only reason to change anything is if it’s not working.  If the ad is working but not to your expectations or not working at all you DO NOT change the overall appearance.  The ad should be tweaked to pull more customers.  But YOU CAN ONLY CHANGE ONE THING AT A TIME SO YOU KNOW WHAT WORKED.  First you would change the headline.  It can be a one word change.  The message subject should remain the same.  Then see how that works, keep changing untill you get a better response.  If after a while you don’t see a difference then try changing the main picture of the ad.  It still must relate to the ad copy and the headline.  Then if all is not working then you try tweaking the offer.  Then the call to action, etc.,  until it works.  Then when it works you run the same ad in another publication that targets your demographic and the whole thing starts all over again.  Keep in mind that all advertising should answer the question what is in it for me as the customer.

Don’t pull an ad just because you’re bored with it.
If you are running an ad the ad is working but you see the ad over and over and so does your family and you start to get bored with the look so you decide to change it.  BIG MISTAKE.  YOU NEVER, EVER, NEVER, CHANGE AN AD THAT IS WORKING, NEVER!  You only change the ad when it stops being profitable.  And even then you would re tweak it till you know its dead.  Yes that might sound expensive but just pulling a working ad is much more expensive.

That’s all for now.  Your comments are appreciated.

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Watch out for bad Search Engine Optimization (SEO) companies.

February 19th, 2010

Many times I come across companies that tell me they were contacted by a search engine optimization company and they are confused by what they said.   They are excited about it because they fell for a sales pitch but don’t understand one thing that was said. So they want a second opinion and I am happy to enlighten them.

The reason why many people are confused by SEO is because they really don’t understand all the things that go into a good SEO marketing plan. Many unscrupulous SEO’s try to scare companies into buying expensive “tricks” that will “Guarantee your position on the search engines”.  If anyone ever says they can guarantee your position on a search engine they are not telling the truth.  No one can guarantee your position.  Unless they are using a keyword phrase that no one would ever use.  Ex.” Grandmother’s apple pie restaurant in Toms River, NJ 08753” (with the quotes) In addition, they also might lure you in by saying you don’t pay unless you get 100 visits to your website a month.  I usually never hear that these visits are quality visits.  Just visits. Or a great one is when they use an online tool to show you all the things that are wrong with your website and for a fee they can fix them for you.   Bad SEO’s also might be using doorway or cloaked pages, page stuffing, duplicate content and many other tricks that will eventually get you banned from the search engines.

A red flag is when a SEO does not ask about your current traffic.  When you have an existing website it is very important to review what is going on.  Your website must have statistical analysis capabilities.  In other words do you know how many visitors are coming to your website?  From what countries?  What pages do they land on?  How long do they stay?  Etc. Etc.  Any SEO in their right mind will ask this question.  Many don’t so be very careful. The list of bad SEO tricks is endless. The good news is there are many great SEO companies out there as well.

Here are some things you can do yourself.

If you are just tweaking your website’s Meta and title tags thinking that is all you have to do then you are wrong.   (Google does not look at the keyword tag anymore). This must be done and done correctly but there are also many other things to do.  Including having rich content that relates to what your website is all about.  The phrase “content is king” applies strongly to ranking higher on the search engines.  After all, content is what your customers are looking for.  A site that is void of content is a site that will spend many thousands of dollars on PPC campaigns and never rank high on the organic results.

Do you update your website content often?  Search engines like fresh content as the fresher the content the better.  A great way to do this is by having a blog on your site and making sure you update your home page with new content as well.

Are you using social media (Facebook, Twitter, LinkedIn)? Do you answer industry related questions on online forums?   If so, are you making sure that your profiles are complete and you link to your website?  Are you submitting articles on your industry to third party sites with links back to you site?  This way if someone likes what you have to say they can contact you.

Are you a vendor for a manufacturer? How about a member of the local chamber of commerce?  Do both sites have full company profiles with links to your website?

What about online phone directories including Google, Yahoo and Bing local?  Is your business listed?  If so is the information correct?  Do you have multiple offices or stores that have their own listing? Are you using all the free services that search engines provide for your business listing?

As you can imagine there are many other legitimate things you can do to increase traffic to your website and we have been helping clients with SEO before the term was invented.  And I will say it again.  Just tweaking your website code is important but not enough.  Be smart and if it seems too good to be true run.

Your comments are always appreciated.

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The More You Touch the More You Convert

February 10th, 2010

I know the title sounds strange but in marketing this is what we want to accomplish.  The first time a prospect sees your ad or hears a your radio spot or views your website, etc. theses are all first touches in the sales and marketing process.  Then as you continuously market to them they are touched more and more until finally they make the decision to do business with you.

The important thing to remember is when creating these touches you use your brand identity.  If not then every time they see your message it will be like they are seeing it for the first time and this is bad.  In marketing we want people to build feelings of knowing and trusting you when they see your marketing message. They also want to know you can give them what they want.

By using your brand identity it allows you to stand out and more importantly be remembered.  Most times when we respond to an ad in print or on the web it’s because we have seen it many times before acting.  Then over time it goes from our subconscious to our conscious.  This is another reason why frequency is so important as well.

A one, two touch.

Make sure wherever you are advertising it directs people to your website.  This is a one two touch.  Your ad gets them curious and then your website gives them more information about your products and services.  Since most of us use the web for research before doing business with a company your website should answers the questions that might arise from the ad and your other marketing. 

Give people value when they get to your website.  Give them articles from you and third party sources about your products and services.  People want to know other peoples thoughts on your industry, product or service. (This is called market data.) Better to give it to them on your website first.

So remember the more touches the more they will remember you and the more will become your customers.

Your comments are always appreciated.

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