Wednesday, March 28, 2012

Top 10 Steps to Create E-Marketing Strategy to Win the Competition





Top 10 Steps to Create E-Marketing Strategy to Win the Competition
You must know some steps about how to create E-marketing strategy if you want to dominate your niche effectively. The best products, the best customer service, the best websites don't matter squat unless you can reach your audience with a message they care about. Killer E-marketing strategy is what makes your business successful in the intense competition.
The following are the top 10 steps to create E-marketing strategy. Use this as a checklist to see if your E-marketing is on target.

1.   Communicate with your customers as often as possible. You must communicate with your customers enough that you know the words they use. When you can anticipate their next sentence, then you know the best ways to reach them.

2.   Know your E-Marketing tools. There are many ways to reach your customers–email, social media, blogs, direct mailings, etc. Know what tools you have and what their strengths are. Pick only the tools that accomplish your E-marketing goals and discard the rest.

3.   Know your E-marketing goals. Writing E-marketing strategy means knowing what you want to do. "Make more money" is not an E-marketing goal. Decide specific, measurable goals before you start–and make sure your E-marketing strategies match your goals. You can’t master your market if you don’t know what you want.

4.   Wear E-marketing sunglasses. There are many bright and shiny tools, techniques and strategies in the marketing world. Resist chasing butterflies and stick with your plan. Let your competition flounder with too many toys. Be smart.

5.   Pick the right E-marketing platform. Facebook, Twitter, LinkedIn, blogs, websites–they all have their own community and "feel". Detailed scientific theories will not be popular on Facebook. Find the platform that suits your niche and goals. If you don't know the differences, find someone who does.

6.   Be humble. If you write E-marketing strategy that includes social media, be prepared for people to disagree with you. Be humble and engage in constructive conversation. Your customers will understand if you are human.

7.   Be cunning with your budget. There are times to spend money on marketing and there are times to find free marketing. Know the difference.

8.   Know what you sell. What do you really sell? Not widgets, or services. Not even a state of being like health or wealth. You sell security or comfort or peace of mind or prestige. Know what you really sell before you start to sell.

9.   Understand value. When you know your customers and know what you sell, you will know its truevalue to your customers. People will pay for things they find valuable. Offer more value than your competition.

10.  Keep your E-marketing strategies but change your tactics. Once you implement your E-marketing strategy, some parts will work and some will need adjustment. Be flexible and fast thinking. Change your tactics but don't abandon your goals unless you truly need a complete change. In light of your results, make all your changes deliberate and rational.


Friday, March 23, 2012

Questions about Social Media




1-How can I promote and make my blog more visible?
I am currently writing a business blog with a single post per week. It is meant to give a more personal look into my business ideas. I only have a small number of people subscribed to it though. How can I bring more attention to my page, without paid advertisements?
I use social media channels to promote my blog and also Google+. I don't use any paid advertisements at all. Consider promoting through: Twitter, Facebook, Google+, LinkedIn. In LinkedIn, you could add your newest post to your status update but I'd also suggest, where it makes sense, to use a post in response to a question in a relevant discussion group. For example, often when I'm responding to discussions in LinkedIn (or even in the Answers section), if I can respond and include a link to a relevant post I've written - I do so and that drives traffic. I assume you have an RSS feed which is certainly necessary. Don't require people to be registered subscribers - many individuals don't like this. An RSS feed is "open" and usually attracts more subscribers.
Hope this helps!

2- How does one measure ROI on a large-scale social media campaign?
Start with the defining the role of social media in their enterprise:
Is social media being used to fill the top of the conversion funnel for purchases through demo/interest targeting on platforms like Facebook?
Is social media being used as a CRM mechanism for increasing monetization of the engaged (assumed 'fans') user base? 
Are you participating in social media to be able to reduce the barriers to purchase through consultative Q&A in pre-sales activities?
Depending on the role that social mediaplays that will determine what the ways are in which you can determine ROI. 
Certainly, measuring ROI through brand favoritism and sentiment is a real eye opener.  Increasing brand sentiment and favorability (as a metric) surely leads to increased purchase behaviors as well as perhaps sourcing referrals from the user's social graph.
Read Jim Lecinski's ZERO MOMENT OF TRUTH pdf.  It is a good framework for how consumers interact through multiple touch points on their way to making purchase decisions - of which social plays a key role in influencing decision making.  There are specific ways to measure this impact which would be much more in depth than this mechanism for response could handle.

3- Is Social Media already a thing of the past and has Google jumped on the band wagon too late?

Thanks sir , without your "question" I would not have discovered this article. Brilliant perspective about the near future of the Internet supported with some amazing facts. For example: "Microsoft's share of internet-connected devices has gone from 95% to under 50% in 3 years."
I think the article is focusing on "Why Social is Over" because that headline will get a lot of clicks and readers. But, Roger McNamee is saying things that are more important than hype and this article is a must read.
Roger is saying that Social Media as an isolated concept is obsolete so now is not the time to be investing in social networking start-ups that copy past models. He is saying that social media is now so big and HTML5 is so flexible that social will now be seamlessly integrated into everything else.
Social media is becoming a part of the ether; it is as much a part of how societies communicate as are conversations, physical gatherings and phone calls. It's no longer an isolated, special thing with a particular brand name, it is how we live today. Roger's point is that social media is now a fabric woven into our lives which means that it is no longer an investment strategy.

4- Is Social Media Strategy for businesses the intersection between web design and online marketing?
Social Media  Strategy is the begging of the integration of online and traditional media.  As we are quickly discovering if one does not have an integrated approach to both digital, social and traditional marketing they are not going to achieve the maximum return for their marketing investments.  The results of 2011 are showing that for most organizations that added social media to their marketing mix it accounted for approximately 25% of their overall sales volume.

 


 



 

Thursday, March 15, 2012

Secrets of Internet Marketing






Secrets of Internet Marketing



Many marketers have been shifting their marketing budgets to the web over the past few years. Marketing online allows you to target specific audiences and easily track return on investment, commonly referred to as ROI. Unlike traditional marketing methods, results of Internet marketing campaigns are almost immediate. This allows you to better evaluate what elements of your campaign are producing results and which are not. When buying online media, you must be willing to shift your marketing dollars to the online methods that produce a positive return.
To be successful at Internet marketing, you must understand the essential secrets of Internet marketing. These secrets can allow you to achieve success by finding the right audience, communicating your message properly, and leading consumers down the path to purchase. These secrets include:
1. Website Directory Listings. Before you begin any marketing campaign, make sure that the website you're promoting has been listed in the common directories such as DMOZ, Yahoo!, and Google. Even if you're using a marketing page off of the root directory of your website, be sure that the primary site is listed. This ensures that prospects can continue to find your marketing pages long after you've launched your campaign.
2. Generating Traffic. In order to realize a return on your investment, you need to generate traffic to your marketing pages. There are a number of ways to do so online. Some of the most popular include Google AdSense, Overture, and Looksmart. Other methods include affiliate programs and targeted website advertising. Research other websites that have the audience you're looking for and negotiate favorable ad rates for your online marketing campaign.
3. Marketing Pages. Don't lead prospective purchasers to a generic website. If you do, potential buyers won't know what to do next. The easier you make if for prospects to take advantage of your offer, the better. Whenever creating a marketing campaign online, provide a specific page for leading purchasers to your product or service or a billboard that showcases the offer. Take the guess work out of making a purchase and more consumers will buy.
4. Testimonials. Customer testimonials are the most powerful way to sell your product or service. When consumers hear from those who have purchased and used your product or service, they gain a certain level of trust and comfort in what you have to offer. Solicit testimonials after each purchase and use those that are the most convincing to prospective purchasers.
5. Create a Compelling Offer. Be sure to offer something that no one else is currently offering. If your offer is similar to your competitors or is not very interesting, consumers have no reason to learn more. Of course providing something for FREE is often a great way to entice potential customers. Maybe it's a 3-day free trial or a free evaluation of some kind. Be creative, try something new, and measure the response.
6. Developing Trust. Before anyone will buy from you, your website or company needs to be seen as reputable. This means that consumers can purchase from you and not worry about the safety of their credit card information, personal information, or anything else being exchanged. A good method for developing trust is to purchase and display safety and reliability icons such as BBB Online, Trust-e, and VeriSign.
7. Provide a Guarantee. Nothing makes a consumer more comfortable with a purchase than offering a guarantee. Perhaps you can offer a 100% satisfaction guarantee or a money back guarantee. A guarantee is a great way ease the risk of making a purchase. If your competitors are offering a guarantee, you want yours to be equal or better.
Internet marketing is an incredibly powerful medium for segmenting your prospects and delivering targeted advertising. Online, you can easily measure you return on investment and refine your marketing campaign over time to improve results.
If you are a local business you can benefit from Internet marketing as well. Look for local directories to list your business or service. Or, you can supplement your local advertising with product marketing pages on your website. Internet marketing is more than just placing ads online, it's using the web to communicate the value of your products and services.
Okay, you’ve got your website up and running; you’ve crammed it with all kinds of interesting content; you’ve researched your keywords and you know who your target audience is. The next question is: Do you know who your competition is? Understanding your competition, what they do and what they don’t do; is a critical Internet marketing secret that can easily help you win or lose the race in attracting attention to your site.
With new websites popping up almost every minute, and many of them aiming to take away some of the traffic you’ve worked so hard to drive to your site, it is imperative that you take advantage of this Internet marketing secret. Researching your competition is a task that must be constantly ongoing. If you don’t know what other websites are doing, there is no way you are going to know how your site stacks up in comparison.
This is not to say that you need to run out and include every tool that you see other sites are using, but it might help you to understand which of your tools are working and which ones could be replaced with something more useful. Web surfers have an extremely short attention span. They want to see content that is constantly updated and reflects the changes that are going on in the world and in their lives. Lose their attention, especially in favor for something that offers more updated info or better benefits and you’re one step away from becoming a dead link.
It’s quite possible that one of the tools you’re utilizing, however popular it might have been at first, has become over time less trendy. Suppose you placed a wealth of informational content on your website when you first began, and that content was well received and instrumental in driving traffic to your site. Lately, however; you’ve noticed that your traffic has dropped slightly. You’re still doing business, but it seems there’s been a decrease and you’re not sure why. The Internet marketing secret of understanding your competition can help you figure out where your traffic is going. It could be that visitors have read all your content and are looking for something that’s more recent and updated. Quite frankly, they may be tired of seeing the same old thing. So, what do you replace it with? A tip of the day? Maybe a free giveaway? Check out what your competition is doing and you’ll find out.

Why do you want to use the Internet to market your business?


Online marketing:
Why do you want to use the Internet to market your business?
§  Do you want more brand recognition?
§  Are you looking to increase your bottom line?
§  Is it the most viable way to support your cause?
§  Do you want to interact with your customers to find out what they’re really like? (social research)

Knowing “Why?” will help you build the most stable foundation for your online marketing strategy.
Why Online Marketing?
Think about this for a second. 99.99% of the internet is made up of nothing more than text and imagery.

Why do you want to be online?

Answering “Why” gives you a tangible goal.

“Why?” gives you something to work towards.

Knowing “Why?” you can build, shape and mold your online marketing strategy with an end result in mind.

“Why” as a foundation makes for better web design, better content strategy, better brand character, and better user experience better everything?

Why?

Because when you know “why” you do anything it always has more defined outcome.

When you know why you’re developing an online marketing strategy, questions like “Why use a certain platform?” and “Why put that button in that spot on the website?”  And “What?” metrics to use to determine online marketing success, become much easier to answer.

After all, if you don’t know “Why?” you’re developing an online marketing strategy, why is your target market supposed to care?

So, if you haven’t answered the question in the first line of this article, and you’re asking yourself, “How am I supposed to get my target market to care?” Kindly please go back to the beginning of the article and read again.

The Trouble with “How?”

If “Why?” is your starting point, than really “How?” should be the last set of questions that you answer.

But here’s the truth, most anything you’ll read about online marketing strategy talks about building on a foundation of “How?”

“How do I drive traffic to my website?”
“How do I SEO  my site?”
“How do I use Twitter/Facebook to market?”
“How can YouTube make me money?”


The problem with a foundation built on “How?” is its focus on platforms, tips, tricks, and techniques. Yes this stuff is important to know, but starting here puts the cart before the horse.

Building a foundation that focuses on platforms and tips, inevitably leads to discussions about budgets, time, and resources. Meanwhile, nobody has really stopped to consider “Why?” or even “Who?”

And knowing “Who?” your target market is, and “What?” they need are probably more important to the success of your online marketing strategy than “How?” ever could be.

Without background, without goals, without substance “How?” very quickly loses its meaning. As a foundation for online marketing strategy, “How?” is not sustainable.

Maybe rethinking the order of the 5 W’s entirely is the secret to successful online marketing strategy?


Why do I want to use the internet to market my business?
Who is my target market(s)?
What issues can I solve? What metrics determine success?
Where do they hang out online? Offline?
When are they most likely to be on the Internet?
How can I be useful?
What do you think? What is the foundation of your online marketing strategy?