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Search marketing

In the 455 posts since I launched ViralHousingFix on January 4, 2009, there hasn’t been a longer gap than the one between Post 454 and this post, number 455:  11 days.

The workbook I use for my professional notes is chock full from the past two weeks, and the program I store interesting snippets in has a long backlog, but there haven’t been any posts.

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Being busy with a lot of exciting developments at NCI is part of the explanation.  Getting engaged in a personal writing project is another.  But there are a couple of other reasons for the fallow spell that I think might be interesting to those of you who follow this blog regularly.

The first is that I’ve stepped back for a bit to see how things are going to turn out.  Over the past 16 months, I’ve written and shared a lot of analysis of the economy and the housing market.  The two big questions were exactly what the composition of the recession was and what the beginning of the recovery would look like.

Right now, we’re in the recovery and it’s a choppy and uncertain time.  The macro trends have been positive, as a fairly random selection of charts picked from the blog Carpe Diem shows.  Our business at NCI is hyper-local and consumer-driven, and our experience is showing us that while the recovery has settled people’s nerves, it is neither expansive or extended enough to dramatically shift consumer sentiment to the degree that households are getting reformed and the consumer’s near term outlook is upbeat.

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That sense of stasis has diminished my urgency to write about economic trends.  I don’t feel like there’s anyway to really project when consumers are going to have a baseline change in outlook.  It’s going to happen.  When it happens we’ll be happy about it, and a little surprised that we didn’t see it happening at the outset.

In a New York Times column, Jack Stack, CEO of SRC Holdings, Inc., summed up the current zeitgeist:

The funny thing is that despite their recent success, most of these folks seem reluctant to acknowledge that things have gotten better. Why? Well, I have two theories about that: one, people feel so burned by the last few years that they still fear a double dip — and they’re still waiting for another shoe to drop.

I think that’s a pretty good characterization.

A second reason for the dry spell on the blog is that I’ve been digging in on the learnings that we’ve developed around our DigitalSherpa social media marketing service over the past year.  It’s been pretty rich and exciting, and part of an overall organization audit and assessment that we’re doing across the service.

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I haven’t written about the things I’ve learned because there’s a lot to synthesize:  the outcomes and experiences of more than 1000 client engagements.  We’ve essentially got thousands and thousands of proof points around the power of content marketing on social platforms, the relative value of different types of engagement, and the impact that a consistent content marketing plan has on search traffic and referrals.

Some of the facts are fun for their sheer scale.  For instance, we’ve generated more than 1 million social interactions for our clients in the multi-family space since launching CommunitySherpa last summer.  Some of the facts are engaging for their business impact:  one client has been able to cut more than $200,000 of search marketing spend because of the impact of the content marketing program that we’ve executed.  (That $200,000+ savings is net of the cost of the program, by the way.)

When you man a blog single-handedly, you’re going to experience ebbs and flows.  What you were writing about isn’t always what you are going to be writing about, and when you get to a juncture where you see a new avenue to explore, sometimes you just need to set back and sift through facts for a while.

The last three weeks have been partly busy and partly sifting time.  Thanks for your patience.  The one thing that has really impressed me is how strong the traffic to the blog has stayed.  That’s because of the way that all of you have used the content — the sharing, the commenting and the reading.  I appreciate it.

 

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Over the past four months I’ve had the opportunity to visit a number of markets around the country to give my presentation “The Hidden Power of Social Media: How to Improve Your Networking, Increase Your Web Traffic & Generate More Leads Just by Being Yourself.”

More than 700 people have attended these sessions. The attendees are local businesses, generally small or mid-sized, and have been concentrated among home design and remodeling professionals, real estate agents and apartment managers — the three largest markets that we service at NCI.

Following my prepared remarks there is always a lively give-and-take, driven by highly specific questions about what they should or shouldn’t do. In each instance, the audience is attentive, curious and engaged. They are also uncertain.

One thing to keep in mind about these local SMB’s: Marketing is just one of the things that they focus time and energy on. They think about their marketing in terms of out-of-pocket cash costs and they are conservative. They’ll try new things out, but they want to know just what they are going to get.

Some basic themes have surfaced during these sessions that are worth sharing.

Internet marketing techniques are not well-deployed or well understood by most local businesses.

This has been the biggest surprise. Every business has a web site, but virtually no strategy for identifying, attracting and converting prospects online. In the instances where the businesses have begun to invest time and energy to increase the effectiveness of their Internet marketing, such as the multi-family industry, there is a disproportionate emphasis creating “traffic,” and minimal emphasis on measuring response and conversion. This is like doing a direct mail campaign without measuring how different creative approaches affected response.

The de-facto purpose of most small- and medium-sized business (SMB) web sites is to serve as an interactive brochure for the company. As a result, the sites are valued for fairly subjective attributes, such as the graphic design, the functionality and the composition. When you ask how much traffic they get and how many leads are delivered by their web site, most companies don’t know. For those that do know, they typically get fewer than 100 visits a month. The most frequently used technique to drive web traffic is Google search marketing; here, the focus is on getting the most visits for the most reasonable price, with almost no focus on lead conversion.

Social media is a misunderstood term.

Most SMB leaders have heard “social media” talked about, but they don’t understand what it really is. And, they absolutely don’t understand how using social media could help them accomplish their business goals.

An important part of having a conversation with them is explicitly defining social media tools and helping them understand how access to these tools has changed the way everyone can use the web. The big thing, I say, is that anyone can create and share content, with minimal technical skills. That ability changes the way that people use the Internet; it’s not just a tool for finding things out. It’s a tool for sharing things.

Then, you have to connect how using different kinds of social media tools will help them accomplish marketing goals that they already have. When I talk about the importance of having conversations and connecting with prospects on social networks, people’s eyes begin to glaze over. As I began to explain how different activities would help improve a marketing tactic that they are already doing, the audience got more engaged.

For instance, everyone networks to improve their business. But almost all of the networking happens in person. When I explain how social media tools can help them do more networking with more results, in a tangible way, people get excited.

So, in helping people understand social media, you have to help them understand how it will improve some very basic marketing tactics: Getting their name out in the market, getting more people to inquire about their product or services, creating more opportunities for them to do business and helping to increase repeat business from past customers. This is language that small businesses understand.

Fear and uncertainty are significant obstacles to experimentation.

As people gain a clearer understanding of how they can use social media, they often get much more apprehensive. For many, social media means MySpace or Facebook or YouTube means irresponsible and embarrassing content that can mar a reputation forever. To address this worry head on, I often show the infamous YouTube clip of the drunk guy in the convenience store (see it here, it’s hilarious). My point is that there’s all kinds of content on social media platforms, but that hasn’t discouraged 75% of Internet users from spending more time using social media than search or e-mail.

This fear and a lack of knowledge make it difficult for people to understand that they can separate their personal and their business identities in social media, and that they can manage what kind of content they are sharing and what kind of interaction they are pursuing.

Time is a major obstacle, return a major questions.

As powerful as social media can be to a marketing program, my first admonition to my audience is to measure and value the time they spend doing it. Each hour of time is worth something between $50 to $125 for most people. A task that takes 10 hours a week is costing $500 to $1250. Measure the return on effort against the impact in your business, I suggest.

People frequently ask what amount of time is right. A social media program that is focused on networking and building connections with a Community of Interest should take a couple of hours a week of additional work. An integrated social media marketing program, which includes developing a blog and promoting distribution of your content using social media tools, will require significantly more work, in addition to broader expertise.

And, if you start something, you’d better be committed to keeping it up, because there is nothing as damaging to your Internet footprint as having out-of-date content surrounding your brand.

There is no quick fix or right answer.

This last conclusion isn’t much of a surprise, but I am reminded of it again and again during my discussions.

Internet marketing isn’t highly integrated into the conventional marketing programs of local businesses, and the inclusion of social media tools, as powerful as they can be for these local businesses, requires that the way that the business spends time on marketing and the way that they organize their messages needs to be retooled. Think about the total process and it is very daunting. Most likely, the average local business will shie away and stay focused on easy-to-execute marketing that is managed by someone else.

That’s why at each session, I lay out two things that every business needs to do on the web to take advantage of the time consumers spend using social media.

The first: Claim your digital footprint. That’s the whole footprint. Go out and create identities for your business everywhere — on Google, on Yahoo, on Facebook, on YouTube. You have to create a good quality profile for your business, but you don’t have to populate the identities with content. You just want to be there is someone is looking for you.

The second: Extend your networking into digital. Define a Community of Interest and engage with it on the social web.

Just those two things will give your business, large or small, a foothold and an avenue for gaining experience that will likely blossom into a more energized and effective marketing program.

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Consumers are searching for local solutions online; How can businesses benefit?

October 29, 2009

The Internet as a marketing tool is still fairly rudimentary for small and medium businesses in the local market. The vast majority of businesses have developed web presences, but there is relatively little promotion of those web sites beyond integrating URL’s in off-line marketing, participating in online directories to varying degrees and investing in [...]

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Display advertising is brand advertising?

October 14, 2009

Remember the old adage from John Wannamaker? “Half my advertising is wasted, I just don’t know which half?”
Looking at Comscore’s recent analysis of the click-through and impact of internet display advertising, it turns out Wannamaker might have been overstating the productivity of his advertising.
This week, Comscore released an update to the “Natural Born Clickers” [...]

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Search marketing investment focuses on brand awareness, online sales, survey shows

March 30, 2009

Search marketing spending is focused on brand awareness and leads, and largely committed to paid search vs. developing organic search.

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Search marketing and brand marketing: Does the balance shift?

March 10, 2009

The economic downturn and predicted declines in media spending are forcing marketers to rethink how they think about search and brand marketing.

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