Category Archives: Business Tips
This column first appeared on RIMOFTHEWORLD.net on December 20, 2010.
I have to admit my personal New Year’s resolutions for 2011 are the same as they were in 2010—lose weight; save money; be a better wife, mother, daughter, grandmother, neighbor and friend. I long for the day when I achieve my nebulous goals so I can draft a fresh, new list.
When it comes to business, I find it easier to establish innovative objectives. So please allow me a departure from my usual column-format to share what I believe to be the top 11 marketing strategies for the New Year:
1. Public Relations
Admittedly, I might be prejudiced, since this is my field. But I maintain the single most important tool in any entrepreneurial chest is public relations. After all, PR is about projecting a positive image, so it is universally applicable.
But how should you approach PR in 2011? Perhaps counter-intuitively, to market in the modern era, you need to return to an old business stand-by: the press release. Retooled as a Social Media Release, this approach remains the single most effective way to boost Search Engine Optimization. Because you can select keywords for each release and post to an online newsroom, Social Media Releases are far superior to the standard press release model.
2. Email Marketing
Although some pundits predicted that social media marketing would replace the use of this time-tested tool, don’t expect email marketing to go away. It is still the best way to reach your target market. In 2011, make sure you’re using the new tools provided through most email marketing companies, such as surveys, bounce-reports and social media tie-ins.
3. Social Media
For those of you who were waiting for the demise of social media, it’s time to give up the ghost. We’re living in a brave new world where Facebook, Twitter and LinkedIn are as much a part of the landscape as business cards and email addresses. So, if you have somehow managed to avoid setting up a social media account for your business up til now, do so in 2011.
My family and I finally caved in and purchased the new TiVo Premiere. I am blown away by our newfound ability to watch YouTube videos on our living room television set. We no longer have to crowd around a PC to access music videos, podcasts and MP3 files. The drawback to this type of technology is that the inferior quality of amateur videos now stands in sharp contrast to professionally-produced commercials and short films. So hire a professional to write, direct and post videos that have the potential to go viral.
5. Promotional Marketing Items
Everyone loves gifts…even you. So don’t underestimate the value of providing people with nifty trinkets that show you care while promoting your brand. Unless you’re rolling in the dough, think simple and cheap. Favors can be very inexpensive—something as simple as pen with your logo on it, a pin or sticker, or an individually wrapped chocolate. For just a few pennies per item, you will make a great impression.
Don’t stop at giveaways. Use every available opportunity to build your brand online and in the real world. Make sure your logo and slogan appear on everything from your email signature to the sign outside of your shop.
7. Website Strategies
If you haven’t already done so, convert your website so it no longer functions merely as an electronic brochure. Shoot for an update that encourages website visitors to interact instead of passively peruse.
8. Direct Marketing- Knock on More Doors in the New Year
The shine is off the penny for teleconferencing and Go-to-Meetings. Since, by now, most businessmen and women understand how to navigate the world of the webinar, to stand out in 2011, you will need to abandon all things electronic and at least offer to give your clients some face-time.
9. Support your Community
This topic is so important that it actually merits its own column. So we’ll cover it more in detail in time. But suffice to say it is imperative you support the businesses located adjacent to your own. Buy local and encourage others to do so. Join the Chamber of Commerce. Volunteer to serve in leadership positions wherever you are able.
10. Do Pro-Bono Work
Again, this is critical. So we’ll discuss the topic more in future posts. Demonstrate your personal commitment to support causes that matter. Pro-bono work shows that you care about more than your own bottom line.
11. Have Fun
Try not to take yourself too seriously. Try to remember why you went into business for yourself in the first place. If you aren’t having any fun, it will show in your product or service. And if you take steps to make changes in 2011, you might be able to come up with a new list of business resolutions for 2012. Happy New Year!
Until next time, I’ll be Bowling for Business.
Tags: bounce-reports, branding, direct marketing, email marketing, have fun, interactive websites, mountain marketing group, New Year's Marketing Resolutions, PR, pro-bono work, promo items, public relations, SEO, social media press releases, social media tie-ins, surveys, YouTube
When I was in sixth grade, Mr. Khouri called my parents for a conference because, although I was excelling in Honors’ English, I was failing math. Since he wrote math problems on the chalkboard, he and my mother and father decided the solution was a giant pair of gold-rimmed aviator eyeglasses that made me look like John Denver. Not a fan of that particular fashion statement, I often “forgot” to wear my glasses or “accidentally” dropped them behind the back tires of our Pinto or “absentmindedly” flushed them down the toilet.
Unfortunately, there was a seemingly endless supply of hideous replacement frames at LensCrafters, which arrived in rapid succession…each pair unbelievably more hideous than its predecessor. This pattern continued until I finally earned enough baby-sitting money to buy contact lenses.
The horror of it all is probably why I refuse to acknowledge my increasing need for reading glasses. For months, I have been complaining to my family that every food manufacturer, magazine publisher and pharmaceutical company has recently, inexplicably reduced the size of the printing on their products.
Unwilling to consider that the problem might lie with me, I decided the logical thing to do was to start ignoring instructions. After all, at my age, I already know how to lather, rinse and repeat without having to read it on the bottle. Turns out, I am not alone.
With so many things competing for our time and attention, most of us are too busy to breathe. Rather than enjoying the luxury of leisurely pouring over every detail in each article that lands in our email inbox, we are lucky if we have time to skim headlines.
But, ironically, when it comes to creating content for others to read, most business professionals write website content and brochure copy as if their readers have nothing but time. So, if you have something you want to say to current and prospective clients, customers, guests, diners or donors, eliminate the fine print.
When money is tight, you might be forced to do your own marketing. If this is the case, be brief. Without benefit of a professional writer or editor, and since you’ll be writing about something with which you are intimately acquainted, you will probably be prone to ramble. So here are a few words of advice:
- Write whatever you want in a stream-of-consciousness style. Don’t even worry about adding punctuation or breaking your thoughts into paragraphs. Just get it all on paper.
- Tear up what you wrote. That’s right. Toss it. Don’t worry. You know the material. Creating a disposable first draft will help you stay on track with your second.
- After you finish writing your second draft, reduce it by at least 50%.
- Then, get a second opinion from someone outside of your industry, who can alert you if you unwittingly used insider terminology.
- Use plenty of headlines, sub-headings and bold print to divide copy. Nothing turns off readers more than an endless sea of words.
On a Limited Budget—
Hire a freelance writer. If you are preparing a newspaper advertisement, find someone who specializes in writing punchy ad copy. If you are producing a corporate brochure, commission a professional who specializes in formal business writing. Few writers excel at all styles. And the benefit of using contracted professionals is your ability to hand-pick the right people for every project.
The Sky’s the Limit—
Hire someone to create a campaign centered on a very clear message. The more you try to say, the more you will dilute your message. Take a cue from these successful ad campaigns, and associated short-slogans:
- Nike: Just do it.
- Mountain Dew: Do the Dew.
- Kay Jewelers: Every kiss begins with Kay.
- Burger King: Have it your way.
- KFC: Finger-lickin’ good
- Taco Bell: Think outside the bun.
- Bounty: The quicker thicker picker-upper
- Subway: Eat fresh
- BMW: The ultimate driving machine
- Avis: We try harder
- AT&T: Reach out and touch someone
- Visa: It’s everywhere you want to be
- Skittles: Taste the rainbow
- Yellow Pages: Let your fingers do the walking
- Miller Beer: It’s Miller time.
- Home Depot: You can do it. We can help.
And, my personal favorite—LensCrafters: Eyes love LensCrafters. (Hey, I never said a slogan had to be true in order to succeed.)
Until next time, I’ll be Bowling for Business.
Posted in blogs, Bowling for Business, Bowling on a Budget, Business Tips, For Free, Internet Marketing, marketing campaign, Marketing Plan, On a Limited Budget, press releases, Social Media, The Sky's the Limit, Uncategorized
I don’t think I’ve ever seen a more depressing movie than Pay it Forward.
Spoiler Alert: Although the premise of doing things for the sole purpose of making the world a better place to live is one I support, I wish the screenwriters would have framed the story in something other than the murder of a 11-year-old cherubic everyman played by Haley Joel Osment when he was still adorable (before his voice changed).
With that said, paying it forward is worthwhile not only in Hollywood but also in the real world…especially in business. The general idea is to selflessly give to three people without expecting anything in return. Then, the three people you help should do the same until the impact is felt in large scale. It’s a small but revolutionary idea. And I can’t think of a better time than the holidays to give it a try.
I propose you use whatever line of work you are in to pay it forward in your own little corner of the world. If you take the time to open your eyes, you’ll discover that opportunities abound. And they come at several different price-points:
One of the services we offer at Mountain Marketing Group is ghost-writing for social media accounts such as blogs, Twitter, Facebook and LinkedIn. Our goal is to build a foundation and then teach our clients how to build on it by maintaining the accounts on their own. Although many choose to retain us in lieu of riding solo, most enjoy the process of learning how to provide industry-specific, valuable content to the folks in their target market.
But we usually have to repeat our social media strategy numerous times before it actually starts to sink in. Experts in my field agree the ultimate goal of social media is to contribute and engage instead of directly selling. But providing something for nothing is counter-intuitive to savvy business professionals who generally measure success by terms like ROI and “the bottom line.”
Like it or not, we are living in a brand new world, where we can no longer pretend we have cornered the market on anything! The Information Superhighway has made it necessary to honestly represent your offerings. But don’t worry; sharing information will not make you irrelevant. On the contrary; you will emerge as a leader in your field. For example:
- If you sell soap, write blogs about secret ingredients and tools of the trade. Don’t worry; you won’t reveal anything that isn’t already posted online.
- If you teach Latin, tweet key phrases and uses for the dead language.
- If you make blankets, provide Facebook status updates when fleece and flannel go on sale.
According to a September 2010 Study by Pew Research, 54% of people conduct online research before buying anything…regardless of whether they end up making the actual purchase in the real world or in Cyberspace. So providing information to fuel their inquiries is a great way for you to pay it forward.
On a Limited Budget
Use some of your profits to fund a charitable organization. While I can’t show you a ledger to prove the value in contributing outside of your own firm, I can personally testify to the benefits (both personal and financial) of paying it forward by giving. Since we are near year’s end, perhaps the idea of donating is a tad more attractive now than at other times? Whatever it takes, go with it. Put your money where your mouth is.
The Sky’s the Limit
Sponsor a charitable event. Since sponsorship usually comes with PR-related perks like corporate attribution and public acknowledgment, some may argue this is not a true “pay it forward” activity. But I maintain you are paying it forward whenever someone else is the beneficiary of your benevolence. So select any organization that makes sense to you.
Call the executive director to set up a meeting so you can determine the needs and availability of the organization. Now more than ever, non-profit groups are in need of folks to pay it forward. According to SiloBreaker, due to the recession, donations to our country’s 400 largest charities declined this year by 11%. And that figure is even more depressing than fictionalized homicide.
Until next time, I’ll be Bowling for Business.
Tags: Bowling for Business, bowling on a budget, Marketing For Free, Marketing on a Limited Budget, marketing when the sky's the limit, mountain marketing group, Pay it Forward with clients, PR, return on investment, ROI, Social Media, social media marketing
Make sure you network the right way in the right place.
While saving money to return to college my sophomore year, I did a short stint as an international flight attendant with a little-known charter airline called Arrow Airways. I was delighted to work one particular flight from Denver, Colorado, to Gatwick, England because one of my fellow crew members was a hunky Italian named Alberto.
When we landed, I quickly accepted his invitation to join him for dinner. Although his accent was thick, I was sure he said he would be taking me to an Italian restaurant called Apple Luigi’s. So imagine my surprise when we arrived at our destination in downtown London, which was not a fine Italian eatery called Apple Luigi’s but a gay men’s club called Harpoon Louie’s.
Why would I share this humiliating story? Because the lessons I learned apply to successful networking for business:
- Shut up and Listen.
- Kill the Agenda.
- Check your Six.
Shut Up and Listen
Instead of just waiting for your turn to talk, pay attention when you are chatting with someone. If you practice active listening, you will stand out because most people approach networking events with mouths open and ears shut. If I had spent more time listening to Alberto instead of trying to impress him with flirty banter, I might have ascertained that he was not a viable romantic prospect.
More recently, I participated in a speed-networking event where organizers asked participants to rate fellow networkers. The top three had this in common: they listened more than they spoke. If you want people to think highly of you, listen to them.
Entrepreneurs often have “Type A” personalities who like to manage everything, often to their own peril. The reason I was surprised by Alberto’s revelation is because I came to the party with my own romantic agenda. But even though my time at Harpoon Louie’s isn’t what I had expected, I ended up meeting lots of interesting people. So, even though I had to find my own ride back to the hotel, the evening wasn’t a total waste.
Try to make the best of your circumstances because you never know what might unfold. Buckminster Fuller called this phenomenon the Processional Effect. As a Christian, I call it the Sovereignty of God. Whatever your belief system, try to let things happen naturally instead of trying to control the world. You might be surprised to make a friend, land a new client or learn something new.
Make sure you’re in the right place. Although you should go with the flow no matter where you end up, try to start off somewhere that makes sense. Before selecting networking groups to join and events to attend, figure out if regular attendees fall into your target market. Since I was interested in meeting someone I could date, Harpoon Louie’s was not an ideal location.
The good news is you don’t have to learn these lessons the hard way. Take a tip from me and network for maximum results on any budget:
When it comes to finding places to network, think outside the box. Networking opportunities don’t occur only at official mixers that are labeled “Networking Event.” You can meet potential clients, customers and associates literally anywhere and everywhere…in the real world as well as Cyberspace.
For those who regularly read my columns, please allow me to repeat myself. The most effective way to network for free is online. Join and maintain social media accounts like Facebook, LinkedIn and Twitter. And, above all else, remember to be the same person you are online as you are in the real world.
On a Limited Budget—
In this troubled business economy, when time and money are often in short supply, carefully select which networking groups to join. Instead of spreading yourself too thin by signing up for several organizations, start small. Join one group and take a leadership role. Arrive early and stay late. Volunteer to help set up and clean up so people see you as an active member.
The Sky’s the Limit—
If the funds are available, sponsor your own networking event. This will position you as a leader in the business community and enable you to hand-pick attendees from your own target market. And you can host the event wherever you want…from Apple Luigi’s to Harpoon Louie’s.
Until next time, I’ll be Bowling for Business.