Best Practices for Online Marketing

InternetThe top seminar question these days is: how does someone decide on a strategy for Internet Marketing if you don’t have a starting point?

The answer is somewhat difficult to answer.  Brookstone has identified over 15 marketing channels available within the online marketing environment.  Picking which one or better yet which ones are best suited for your business requires more knowledge and experience than a typical small business owner possesses.

The easiest general marketing channels to understand are Social Media Marketing, Pay-Per-Click, and of course SEO (Search Engine Optimization) or Free Listings.  Of these three, generally speaking, Social Media Marketing requires the least amount of expense.

PPC can absorb anyone’s budget very rapidly if not monitored on a daily basis.  In addition, the knowledge required for success in combining the affects of keywords, Ad copy, page quality, content relativity, and ad positioning can be a somewhat daunting task for the beginner.  PPC can provide a very rapid increase in revenue and profits if performed wisely.

SEO requires a lot of patience and skill to get your listing anywhere near visible.  Getting your listing on the front page often requires a lot of testing and many months of waiting.  The end result can be very lucrative if your listing appears on the front page and top listing.

Social Marketing has the lowest cost of entry for both cost and time.  A beginner can usually make some impact on their customer leads within days.  However, the avid Social Marketer knows how to employ a solid overall strategy to optimize the results in a very big way.

The best social marketing strategy includes reciprocity, a commitment to scheduled postings, the ability to listen, transparency, community, and above all honesty.  Failure to include, at the very least, these main criteria can drastically damage your results and possibly your reputation

To get additional information click here: ReadyLaunch

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Posted in Content, Marketing, SEO | Tagged Brookstone Marketing Group, Content, Marketing, Media Marketing, Pay-per-click, SEO | Leave a comment

Would you like an Internet MBA?

School-256OK I admit not everyone has been fortunate enough to study for and receive an MBA.   A Master of Business Administration is a master’s degree in business administration for short.

Guess what?  That’s not what we are talking about!!!

MBA = Marketing + Branding + Acquisition

These three little words that are arguably the root of all online success in today’s online marketing environment.  Why, do you ask?

Marketing is a “social and managerial process by which individuals and groups obtain what they need and want through creating and exchanging products and values with others. (Wikipedia)

Branding or a Brand is a name or trademark connected with a product or producer.[1] Brands have become increasingly important components of culture and the economy, now being described as “cultural accessories and personal philosophies. (Wikipedia)

Acquisition or to Acquire, gain, usually by one’s own exertions; to get as one’s own, as, to acquire a title, riches, knowledge, skill, good or bad habits. (Wikipedia)

So why is an MBA strategy important on the Internet?  Basically, the Internet is beginning to reach the mature stage from an Internet marketers perspective.  The bell curve of the guru marketer with their secret sauce mentality is reaching its peak in terms of their performance value.

Consumers and online searchers alike are beginning to demand a much more professional look and feel in terms of the presentation, creative quality and content than has ever existed before.

The online marketer together with the associated content writers, graphic artists, developers and sales dept’s must all work together in a cohesive fashion in order to gain optimum control and accountability over what is quickly becoming the main-stay in research and purchasing activity.

The small business owner and manager is falling farther behind.  The opportunity to capitalize on Internet marketing and the tremendous low cost advantages to Market & Brand their business and Acquire new customers won’t last forever.  Did you know the Internet is quickly running out of addresses?

To learn more visit ReadyLaunch

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Posted in Branding, Home | Tagged Acquisition, Branding, Marketing, MBA, New Customers | Leave a comment

Living for “Why” not “How”

I recently had a discussion with one of our Independent Sales Representatives about the many styles of sales approaches used by the most successful career minded sales professionals.  It became very apparent that we all seem to forget “why” we are doing things and get too caught up in the “how”.   Can you imagine if we approached all things in the same manner?

For instance, what if we constantly examined “how” TV spokespersons do their job and instead of relying on the “why”.  ”Why” allows us to listen and understand their intent and message.  The “How” would bog us down with unimportant useless facts about what type of camera, microphone, etc. they were using to broadcast their message.

The same holds true in the everyday lives of professional sales people.  The urge and habit seems to be to get caught up in the “how” instead of focusing on the “why”.  For ReadyLaunch, the habit would be to talk to customers about how PPC, Social Marketing, Blogging and more actually works.  We get caught in the never ending loop of trying to over-educate the customer on how things work.

Obviously the lesson here is to remind ourselves that our real goal is to not spend hours on end trying to teach and therefore convince the customer that our products and services really work.  Doing so can come across as a lack of confidence in our own products and campaigns we have to offer.  Concentrating on the “why” we do what we do and “why” the customer should make the decision to employ us for their advertising and marketing will reap them and us far greater rewards.

The “why” allows us to share and convey the benefits of working with ReadyLaunch.  The “why” is what we concentrate on when we raise our children, get gas in our car, mow the lawn, or even drink coffee.  The “how” in life may be more suited for biologist, scientists, and geologists.

Finally, using the “why” allows us to accept failure, get past no’s, and react positively to negative influence.  So if we all keep track of the “why” more often we will stay extremely positive, well balanced, and reap the benefits of successful accomplishment of our everyday goals.

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Posted in Home | Tagged Closing, Marketing, Online, Sales, Selling | Leave a comment

How to Start Your Sales Funnel

GotSuccess starts with a beginning!

One of the most common questions we receive from prospects is how to use the Internet to get new customer leads flowing without exhausting their valuable time. The answer is very simple; let the Internet perform the heavy lifting by setting up an online automated lead capture campaign.

A lot of the prospect hesitancy apparent with this approach is the “need for greed” or “control everything” old style of sales tactics. The need to have ones hands in everything worked a lot better when the Internet wasn’t yet mature and money was flowing like a fire hoes.

In today’s competitive environment the ultimate goal is make every possible use of your available time.  Outsourcing the common daily and weekly tasks associated with lead nurturing not only frees up valuable time but actually increases closing ratios by as much as 4-10 times.

An automated lead capture campaign is the beginning of this valuable sales funnel tool.  Our email drip marketing campaigns are designed to use the leads obtained from online marketing and nurture them into a future customer buying decision.  No muss, no fuss.  You are free to run your business or take some vacation time…

It really is as simple as it sounds.  Devote as little as 1 hour per month with the Brookstone team and let our system do the rest. The best part comes when your website jingle, your phone rings, and your door swings with new customers.

Our online campaigns are designed to combine the tremendous powers of the Internet with your existing or new website, online sales page, telephone, and many other forms of traditional advertising.  Our sales representatives are ready to assist you today to determine the right campaign to rapidly increase your sales leads.

Visit ReadyLaunch for help today!

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Posted in Sales | Tagged Articles, Blog, Branding, Brookstone Marketing Group, Closing, Facebook, Marketing, Online, PPC, Press Release, Sales, Selling, Twitter, Video Marketing | Leave a comment

What caused the Death of Retail

Shopping cart downSo here we are in 2009 with unemployment reaching toward 10%, business failures at a 30-year high, and the ability to get small business credit almost at a standstill. Are these issues the cause or effect of something far more sinister?

Actually the old 80/20 rule of the business universe is just as likely a root cause for the downturn in American retail and small business. I’m sure we have all heard that 80% of our sales come from 20% of our products or 20% of our customers. Guess what? That rule is very questionable at the very least considering the impacts of the Internet.

The actual terminology for the 80/20 rules is “Power Law distribution”. Here is a graph to demonstrate the 80/20 rule.

Picture 6

To the left of the graph are the few products that provide 80% of revenue while moving to the right is the majority of products providing the least amount of revenue.

This phenomena works from both sides and directions of the sales vs. available inventory argument.  On one hand a business might calculate their inventory needs based upon buying trends per product.  On the other hand, a buyer might purchase products based upon the available selection and on hand inventory.

How does this affect you?  Store and warehouse size, product availability, pricing, inventory levels, and even pricing considerations all need to take the 80/20 rule in consideration for business planning.

However the Internet greatly disturbs this somewhat hard to handle premise.  The consumer is able to research product availability, pricing, options, and resources on a real-time basis.  In addition they have the option of purchasing the products and services online at the same time they are performing the research.

The internet merchant is not saddled with expensive floor space, retails displays, on floor employees, licenses, or even some form of taxes like that of a brick and mortar style merchant.

We have, in recent years, seen the popularity of super-sized stores implemented by Target, Wal-Mart, and others to enable them to provide a wider availability of product offerings.  They are attempting to capitalize on the one big weakness of the Internet.  The “need it now” emotional purchase.  They are also combining standard forms of non-food retail products with food related items in order to capture the one-stop-shop oriented consumer.

The next time you visit your nearest retail merchant take a look around and notice if they have increased or decreased their product availability and offerings.  Either one could signal a merchant who has not yet taken time to understand the real long-term effects of the Internet.  The hard-core truth is that they could be on their way to the small business graveyard.

Visit ReadyLaunch.com for more information.

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Posted in Home, Opinion | Tagged Geo-Targeted, Unified | 2 Comments

Outside the box of Social Media Marketing

Misc-StuffThe questions surrounding how to apply and what to say when using Social Media Marketing are growing exponentially. Many would see this as a signal of failure for people to understand in general the whole concept of community participation, branding and Internet sales.  However, I see it as a very strong indication of how the new phenomena of social marketing is gathering its well-deserved attention.

It has been recorded in history that any major change in society and/or business may take as long as 7-10 years to fully be understood and mature.  Over 50% of the US population continued to ride horses for an estimated 15 years after the first car was deemed road worthy — not to mention the fact that the roads weren’t fully modernized for over 30 years.

Social Media Marketing has only been in real world existence for roughly 1-2 years and we are already experiencing a tidal wave of small business interest.

The idea of having a real-time method to brand your business and at the same time promote a special event or product launch is not an easy concept to mentally digest. We are all accustomed to traditional means of separating sales from marketing and marketing from advertising.

A branding or marketing campaign will take at least 3 months to get any meaningful data right? Wrong!  The Internet allows a business the opportunity to bundle Sales, Marketing and Advertising in a cohesive fashion.  This cohesion tremendously advances the time element of the campaign and permits almost real-time feedback.  The best advantage is the low cost of entry into the marketplace.

The single biggest issue, for this new way of marketing and advertising, going forward is trying to tear down the linear thinking process involved with traditional marketing.  Thinking outside the box will provide the small business owner the opportunity to vastly broaden their scope of potential customer base.  Instead of thinking of directly targeting people who ride bicycles, if you sell bicycles, a business owner might begin a social media campaign centered on low impact ways of exercising or maybe even how to get to work without spending money on gas.

The real advantages with using Social Media Marketing aren’t found with identifying one target market and hammering on it until its dead.  The answer is to apply both horizontal and vertical approaches to marketing penetration and use the information gained to further advance the growth of your business.

Visit our website for more information: ReadyLaunch

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Posted in Marketing | Tagged Branding, Brookstone Marketing Group, Facebook, Marketing, Media Marketing, Online, Twitter | Leave a comment

Social Marketing racing to the Lead in Consumer Confidence

User groupIn a recent report posted by Neilson their research shows a surge in consumer confidence with online search and buying trends.

The Nielson survey shows that 9 out of every 10 (90%) Internet consumers trust word of mouth or people they know for recommendations of an impending purchase.

The report also shows that 70% trust online opinion (Social Marketing, etc.)

However tied with online opinion is websites or business with strong branding coming in at 70%.  Online Brand confidence has rose from 48% to 70% in just two years.  Thank you Social Marketing with Branding!

Content in articles, press release etc comes in a close 4th with 69%.  However it is unclear whether this statistic includes offline content as well.

Traditional forms of advertising, TV, Newspaper, Magazines, Billboards, and Radio fall into the ranking of 6-10.  Their percent of confidence falls between 55-62%.

Search engine result ads, online banner ads, online video sales ads, and phone text ads fall to the bottom of the barrel.  Their percent range is 24-41%

All of this is great news for firms who are active in Social Media Marketing and Branding.  Unfortunately these 2 opportunities for growth are normally far beyond the reach of the small business owner.  The need for quality online marketing firms to reach out to the small business community to provide these services has come of age.  However the greater need for the small business owner is one of education and conversion from traditional advertising into the online marketing arena.

Visit ReadyLaunch.com today!

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Posted in Marketing | Tagged Branding, Content, Marketing, Media Marketing, Search Engine, Unified | 1 Comment

Social Marketing for Franchise & Multi-Location Business

We have been involved with Online Marketing for over 15 years and have seen the dramatic effects on business in general by search engines like AltaVista, Excite, AOL, Yahoo, MSN, and of course Google.

However, in our recent blog post, we talked about the seismic changes occurring as a result of social marketing.  To reiterate, the Social Media Marketing channels have risen to the top of consumer confidence and purchasing decisions.  Only word of mouth ranks above Social Marketing in consumer confidence.

So who are the slowest adopters into these rapidly expanding marketing channels?  Yet again, like many past opportunities, small business is trailing far behind in implementing a solid social marketing strategy.  Even worse are the multi-location and franchisers and franchisees.

A strong solid social marketing strategy combined with strong brand and brand awareness is becoming paramount among the soon to be top performers in any business.  Losing control of your message and brand identity can and will cause a heavy burden when attempting to correct or turn around the negativety imposed at a later date.

Most major social marketing outlets offer the ability to brand your business.  Youtube, Twitter, WordPress, and others offer your business the opportunity to present a common brand.   Smart business strategists are rapidly understanding how to use  online outlets to forward and spread their message and brand in a unified and common approach.

Many large franchisers, institutions, and firms are contractually demanding their franchisees, license holders, and or agents subscribe to a corporate level branding and messaging campaign. Many are even prohibiting the use of individual web pages, marketing campaigns, and content submission.

The window for small business to implement a strong message and brand within the social media marketing platform is wide open!  However we suspect, like many other open marketing opportunities in the past, this low or no cost window might start closing within 1-2 years.

Visit ReadyLaunch, click here.

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Posted in Home, Marketing | Tagged Bing, Brookstone Marketing Group, Franchise, Google, Marketing, Media Marketing, Search Engine, Yahoo | 2 Comments

How The Home Depot views Social Marketing.

HomeDuring a recent interview conducted by Kurt Vanderahand, posted on SocialMedia.org, Nick Ayres, New Media + Content Manager & Corporate Communications Manager, and Sarah Molinari, Corporate Communications Manager for The Home Depot discuss the basic media approach and online philosophy of their company.  Here is an excerpt of the interview.

4:22 — Nick: It’s easy to forget that we’re a relatively young company, and we’ve only been in business for about 30 years. We’re still learning as a business, frankly, how to best manage our business, not to mention social media.

4:24 — Nick: In our early days, we had a customer who came in to our store and wanted to return tires, but we didn’t sell tires. The cashier tried to tell the customer that they didn’t sell tires, but the customer swore he bought them there. The cashier called the manager, and he said to go ahead and take them back — and from then on kept the tires behind the customer service desk to remind the staff that they were there to serve customers. Nick says this mentality guides them in social media.

4:26 — Nick says we’ve all heard that you need to listen, and that their caveat to that is that you need to really be prepared to deal with those responses.

4:29 — When it comes to monitoring, Sarah stresses the importance on focusing on how to pull out the content that matters, and to figure out what insights you want to walk away with — because that will draw out what tools you use.

4:32 – Sarah lays out the four buckets they use that involve themes like general commentary, customer comments, and employee comments.

4:33 — Sarah says they started very early on Twitter with deals on their website, and says they had some really great early followers who said they didn’t care about deals because those were already well published. They said they wanted to know about the people behind it all.

4:34 — Sarah explains how they really got going in Twitter during the hurricane season by letting followers know important details on things such as where to get supplies, what stores were open late, etc.

4:35 — Sarah says The Home Depot is not in a race to gain Twitter followers, and shows a chart highlighting steady, modest rise in Twitter followers over the past 20 weeks. She says the importance is developing relationships and connecting on a deeper level.

4:35 — In one example, Sarah shows how they reached out to someone on Twitter who was upset, and fixed the problem — and later, the customer reminded her followers of the great help she received.

4:36 — Sarah’s big point on listening: What are you looking for? Is it actionable stuff? How will you resolve it?

4:37 — Nick says video syndication is another area they spend a lot of time. They realized that people don’t just come to HomeDepot.com for videos, but they also go to YouTube and Google — and since syndicating content on these channels, they’ve had great results.

4:38 — Nick: It’s not just about YouTube. There are also sites out there, like 5 Minute, Howcast — and sites like this that are all about helpful videos that their target audience looks for. Nick recommends remembering the niche sites that the people you’re trying to reach might use.

4:39 — Nick: Really think about content based on what the customers are seeking. With your listening tools in place, you can find what your customers are looking for as well as how to get it to them.

4:40 — Nick: We didn’t do that much with internal blogs and wikis. Much of our stuff, was forward-facing. In retrospect, if we could have started over, we might have approached it differently, because we’re really having to dig down to find internal evangelists.

4:41 — Nick says it’s important to be remember that while you may have short-term wins, it’s really going to take a long time to develop relationships.

4:42 — Nick says you need to work past the reality that some folks just will never get social media. It’s important to work with them, as well as focusing on the people within your organization who do get it.

Q&A

Q: What would you say was the tipping point in getting senior management to realize that social media was important?

A: Sarah: We’re a very entrepreneurial brand, and if someone has an idea, our culture supports them. Nick: It’s probably been a series of moments, and probably around the time we helped with the hurricanes was when execs really saw how we could effectively use a new tool to help customers in real time — it really helped capture a lot of people’s imaginations.

Q: How do you handle staffing?

A: Sarah: It takes passionate people who are willing to do this — whether it’s between meetings or after hours. But also, we’ve had great success with our customer service team — and the idea overall of having our company focus on customer service is what’s helping us be successful. We’ve been able to take some people who were working on the phone who we’ve been able to take off the phone and help with social media outreach and response.

Q: Do you have a policy that allows employees to be online ambassadors for employees?

A: Sarah: It’s been great. We have folks on other teams that have approached us and said, “OK, we need to make some changes.” We’re excited to pilot an internal social collaboration tool, and that’s help some people warm up to the concept. Nick: We swing very dramatically from one direction to another on that issue, and what we focus on is what the bulk of customers expect from The Home Depot — and the reality is that as customers walk in to a store, they expect an associate to help. The last thing we want to do is block that for our associates who are trying to help customers online. We’ve got to think about how our policies at the corporate level affect our associates in the field.

Q: Are the training programs home-grown? Or are there resources out there we can look to?

A: Nick: It’s a mix of that. The Social Media Business Council is a great resource for that — and we’ve been able to leverage our peers for help on how to create these policies. But there’s also some stuff we have to do internally, and stuff we have to create on our own. There’s different degrees of training for say, someone in the marketing department vs. a store manager.

Click for more information Brookstone Marketing Group

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Posted in Home, Marketing | Tagged Brookstone Marketing Group, Marketing, Media Marketing, Online | 4 Comments

How to use Twitter Lists

twitter_logo_headerAre you a Twitter for business user?

Mashable, one the worlds largest Blogs, wrote this blog to assist people and business understand and perhaps capitalize on the the latest addition to the Twitter family of tools.

Twitter’s new Lists feature is all the rage right now. There are probably already millions of lists, and that number is growing by the minute (or second). So what are people using all these lists for? Are people creating lists just for the sake of creating lists? Savvy individuals are looking for ways to use lists to further their personal/professional agendas, and while we are all still learning how to harness the power of this new feature, here are a few ideas to get the creative juices flowing.

Read more…

Provide by Brookstone Marketing Group

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Posted in Home, Marketing | Tagged Branding, Brookstone Marketing Group, Marketing, Twitter, Unified | Leave a comment