From the category archives:

marketing

Marketers are willing to look to their media partners for marketing services.  Is that something that media partners want?

In an effort to do a real-world reality test  of corporate buzzwords, Crain’s Media Business Magazine went out and asked a bunch of marketing heads whether they wanted the marketing services solutions that their media partners are going out aggressively to acquire or build.

The logic from the media company side is sensible.  Advertising spend has been down, the business is changing and their are broader opportunities to partner with their clients.

The challenge is in finding the right way to define this activity.

When a media company says that it provides marketing services, the danger is getting sucked in to low-margin, labor intensive activities.  The unique capability of a media company is to leverage content and marketing know-how to solve marketing problems, not building ads or writing SEO copy or managing e-mail programs.

What’s different today from the past is that digital technologies and changing consumer behavior has changed the core process of content creation, content delivery and distribution.  The lines between marketing and publishing have blurred.

What a media company can do that a traditional marketing agency can’t even begin to dream of is use their traditional skills, transported into the digital environment, to create seamless bridges between the digital footprint of their brand to their clients’.

That’s not providing a marketing service.  That’s extending the media platform to solve the problems of visibility, engagement and conversion for marketing partners.

That’s far from being a commodity solution.

The challenge is finding a simple and direct term to describe this service and to develop fairly standard and efficient ways of delivering the solutions.

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What’s your web site?

by drm on October 18, 2010

Our work in lead generation and social media marketing give us a unique perspective on two different dynamics that are at play in the world of interactive marketing.

The first is the idea of creating a brand online.  This is like going shopping for a new set of fancy clothes.  You start with the intention, I want to look good, and then you keep trying on clothing until you look pretty much the way that you want.  (Or, you think that you look the way that you want, but that’s another story…some of us can’t ever quite get there.)

For web marketing, this means getting the kind of look and feel, feature set and whiz-bang cool things that let you say that your web site is a pretty cool looking set of duds.

NewImage.jpg

Of course, you factor in practical considerations.  After all, just like when you go shopping for clothing, you’ve got to stay reasonably close to your budget, and you’ve got to be able to sit down in it.  But, when push comes to shove, you are going to err in the direction of your heart.

The second is the challenge of converting online visitors into prospects and customers.  This, after all, is the paramount benefit of the internet, that you can provide prospective customers with the kind of information that they need in order to determine whether to work with you or buy your product.

This is nothing like buying a suit of clothes.  This is like trying to find recruit athletes to a Division III college.  You can’t give them a scholarship, you can’t influence admissions, but you need them to believe that you can give them a better experience than anyone else.  It’s about capturing interest, holding on to it and closing the sale at the right time.

That’s an entirely different kind of web experience.  Your web site isn’t designed on the basis of aesthetics; it has to be designed on the basis of data.  What are the images, information points and links that cause your users to take an action that is of an economic  benefit for you?

For most of us in business, that action is a phone call or a visit to our place of business.  And when the prospect already has gotten information that is important to them and decided to reach out and contact you, you have the highest odds of making that  prospect a customer.

As we’ve worked over the past year and a half with local businesses, we’ve discovered that there is a tremendous lack of understanding as to how to use a web site in order to create qualified prospects.  And, as we’ve  built social media footprints for our clients, and developed broader distribution of their content that has elevated their natural search traffic, we’ve found that very few have reliable processes for tracking and capturing those users.

Where do you start as a small business?  With taking the time to understand the simplest attributes of web tracking.  Anyone in business can use the Analytics tool from Google in order to track the activity on their web site.  That is your starting point.  If you are able to answer how many people are visiting your web site, what kind of things they look at most frequently, and how many of them are sending you additional inquiries, either in person, by phone or on e-mail, then you have the beginning of the information that will help you decide how to make your web site more than a pretty set of clothes.

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Twitter is a high-impact social hub for marketers, research shows

August 9, 2010

Of all the social media platforms, Twitter is the one that puzzles marketers the most. The typical observation is that they don’t get it and can’t figure out why it’s important.
EMarketer shared some research recently from ExactTarget that provides an easy answer: Twitter gives you a way to reach people who have [...]

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Lead production up 43% at Apartment Finder in the past year, data shows

August 6, 2010

I’ve been intrigued by the dynamic of building lead volume in our Apartment Finder business over the past year.
As I’ve discussed before, the multi-family marketing business is a competitive, lead-generating business that is driven by consumer’s accessing print and online directories and inquiring about apartments for rent.
There are three ways that marketing companies like Apartment [...]

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Economic indicator: Bullish growth projections for online advertising

July 13, 2010

via emarketer.com
eMarketer sees online advertising growth rebounding to double-digit levels, after experiencing a lull during the recession.
The forecast projects online spending will come close to $100 billion by 2014. Online share of total media spending will gain significantly.

The internet’s share of total ad spending worldwide will jump from 11.9% in [...]

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Who writes ViralHousingFix?

July 6, 2010

I do.
The first time I got this question, I was surprised and took a second to answer.
Of course I write it, I thought. My name is on it.
When I asked people why they asked, they said that they loved the blog, but figured that I had other people writing under my direction. I [...]

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The cheapest food in the world

July 5, 2010

I was struck the other day by the observation that the start of our current recession was sharper than the Great Depression and that the steps taken by governments around the world to provide financial stimulus helped to moderate the decline.
That observation got me thinking about how different the images of this recession are from [...]

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