Showing posts with label Marketing Basics. Show all posts
Showing posts with label Marketing Basics. Show all posts

Thursday, January 5, 2012

Huffington Post published the 2012 Online Reputation Checklist - Do you know where you stack up?

telescope small Here’s their 2012 Online Reputation Checklist. How do you stack up?

The new year presents many challenges and opportunities for reputation-observers. If a fortune cookie that could actually tell the future were handed to me this coming New Year's Eve, I'd expect it to reveal the following:

1. Reputation's inflection point is here.Reputation will always continue to matter but for reasons that are less financially-based than in the past. As Geoff Colvin, Fortune's senior editor said, "Previous major scandals were mostly financial; the numbers were lies. Not this time. The damage so far derives entirely from behavior...." How companies behave, act and respond will impact reputations this year more than quarterly numbers. The kind of company behavior that will matter most will, of course, be how leaders manage crises. It will matter even more than the actual crisis itself. Just think about BP's Gulf of Mexico oil spill or News Corp.'s phone hacking scandal.

2. Reputation whisperers will outshout traditional channels. Reputations will increasingly be established through customer reviews online, not just through family and friends. These reputation-makers will quietly pass along positive and negative reviews about products and services that will make and break reputations with increasingly greater impact.

3. Reputation blackmail will rear its ugly head. We will hear more in the coming year about threats to reveal private e-mails unless people disclose corporate secrets such as confidential information or network security codes. Reputations of the vulnerable will increasingly become the bargaining chips of the malcontents.

4. Reputation defense goes to the movies. Increasingly, both companies and activists will turn to video, documentaries and even movies to further their goals. Companies will increasingly hire well-known film makers to educate their employees about either corporate culture or a reputation-changing incident in their history. Activists too will increasingly take to the silver screen, video-sharing or social media sites in an attempt to promote change.

5. Forget internal versus external. Reputation goes holistic. Many Fortune 500 companies hire different professionals to handle either internal or external communications. The distinction between the two is practically artificial. What is said internally to employees is now instantly external. What is said externally to the public is now instantly internal.

6. Reputation fixers will be in great demand. Companies as well as individuals are increasingly hiring firms to help cleanse damaged or dinged reputations. The surge in online reputation firms and the number of firms with online defense in their names mounts daily. Even the medical profession has joined the trend. Reputation.com, for example, services medical professionals who want to know what their patients might be saying online about them and their bedside manner.

7. Reputation rankings are not letting up. With the race for reputation red hot and the crush of information tiring us all out, people need fewer choices. Top 10 lists made our lives simpler. They served as filters that let the so-called best product or most reputable company rise to the top. But being among the top 10 is no longer good enough. In the coming year, being among the top three is where companies must be if they want to get on customers' consideration lists.

8. Social contributes to reputation. In our recent research, we learned that nearly one third of a company's reputation is attributable to the quality of its online presence. Perception that a company is interested in communicating and engaging online adds a favorable dimension to how people perceive reputation. Lack of online presence sends a signal that a company's preference is to be anti-social. Business will turn increasingly and impressively social, for sure.

9. Brand and reputation will continue to merge. Companies will increasingly realize that their corporate or enterprise reputations provide credible assurance to consumers that their products are desirable and safe to purchase. As consumers find it easier to learn about a product's lineage, the parent brand or family name will be more critical in the purchase-decision process.

10. Face to Face becomes the precious commodity. As the entire world increasingly interacts online, face to face communications, particularly among CEOs and top executives, will build relationships like never before. Going out of one's way to meet one-on-one will evidence the importance of discussion. It will become the gold standard in building reputations. The more that CEOs engage in person with employees, customers, legislators, investors and top tier media, the more credibility that they will be able to accumulate and the more that they will be able to minimize reputation loss when setbacks inevitably occur.

11. CEOs will be more social. Expect to see more CEOs use video for their websites and corporate YouTube channels. They might not be on Twitter or Facebook, but an increasing number of CEOs will adopt video to humanize their reputations. They will recognize that being social, like the rest of humanity, is a reputation plus.

12. Inoculate or evaporate. Leaders must and will increasingly employ all the resources they have at their disposal to inoculate themselves against crisis or issues that shatter their reputations. They must admit mistakes, build allies, listen to detractors, create great cultures and protect themselves from reputation antagonists that lurk in the shadows. Building a great reputation is not for the faint-hearted.

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Monday, October 11, 2010

How Often Should You Email Customers?

Well...it depends.

Email is still a popular means by which to advertise to customers, even with other avenues available. Coupled with the fact that it's inexpensive, it's almost a no-brainer to make it part of any marketing campaign.  A good campaign generates sales and builds customer loyalty. The trick is to determine how often to send notices. If you send them too much, you wind up in the delete folder more often than not. Don't send them enough, and you could miss out on possible leads, sales, or find yourself emailing addresses that are no longer in use.

To ensure an effective email campaign, follow these guidelines:

  • Make sure your content is short and sweet. Anywhere from 350-500 words per email should do it, and if you can get your point across with less words, even better.
  • Use your campaign to alert customers to specials, send them coupons, or forward valuable information that will help them solve problems. It shouldn't just be about selling your services.
  • Include a call to action. Tell them the expiration date and how to redeem the coupon. If you're solving a problem for them, tell them how to get in touch with you.

In general, you should not email customers more than once per week. Absence makes the heart grow fonder. They should look forward to opening your emails to read what you have to say. To determine how frequently to email them, test frequency levels. Try once per week, once per month, and twice per month. Ask yourself the following questions during the test period.

  1. How many unsubscribes did I get at each level?
  2. How many click-throughs?
  3. How many customers opened the email?

By reviewing the numbers, you'll have a better idea of how often you should send messages to your customers. There's no magic number for all businesses, but you can get as close as possible to what's ideal for your product or service.

Freelance Assistance, LLC can help you create an email campaign that fits your customers' needs. We'll take over the weekly or monthly task of sending out notices. Send us an email to find out how we can create original content so you can stay in touch with your customers.

Thursday, July 29, 2010

Marketing Tips And Basics For New Businesses

What follows is courtesy of Dan York of Stellar-eMarketing ……

Hey guys when you start a new business, a huge, huge majority of your push should be marketing and advertising. If you're only doing it like 3-5 hours per week, you're killing yourself. It should be at least half of the time you spend. You'd better feel like you've worked on it when your done.

With all the marketing data and “gurus” out there now its almost as if you’re sifting through grains of sand at the beach to find the seashells that you’re really looking for. So let me give you a couple of pointers on the house:

As marketing has changed in the digital age, with its pluses and minuses, the underlying rules of engagement are still the same. So let's look at a basic:

Let’s define marketing:

marketing [mahr-ki-ting] –noun
1. the act of buying or selling in a market.
2. the total of activities involved in the transfer of goods from the producer or seller to the consumer or buyer, including advertising, shipping, storing, and selling.
Origin:
1555–65; market + -ing1

So as you can see there, marketing encompasses quite a bit. It’s not simply “getting the good word out”. When you look at Def #2 above, it should quickly become apparent that things like advertising or product delivery are just one of the many legs of your marketing relay-race.

So you need some real basics under your belt. Without those basics, all the marketing techniques out there can be fruitless. Case in point: remember a time when you met someone that you were attracted to. The package was good – nice hair, fit, well-dressed, maybe even a nice car and a giant wallet. But then…they opened their mouth. Out spewed the verbal vomit of their repulsive personality. You knew right then and there, without another second’s thought…they could never win you over. Not with all the sales jargon in the world. And so on with marketing. Forget "buzzwords", the market is immune to them now.

Here is what works - honesty, integrity, delivering a great product or service. Only then can you sell and market with conviction. Look at a used car salesman, he has to eat, and he knows he's selling junk half the time. And you perceive his lies a mile away.