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Archive for April, 2009

What is Organic Marketing

by: Jacob Madison | published: April 22nd, 2009 View Comments

Recently there has been a huge demand for organic products. From food to fuel, clothing to skin-care. Simply put, the term “organic” means to grow naturally. Consumers want products that are both healthy for them, but also have a limited impact on the environment in which we live.

Similarly, businesses have long strived to incorporate a concept akin to organic products to their marketing: word-of-mouth advertising. Nothing is more organic, or natural, than to have customers spread the word about your product through their own opinion.

Recommendations from trusted colleagues, friends, and family members have much more creditability than unsolicited advertisements. Studies have shown that consumers are likely to tell 7 people about a bad experience verses telling only 3 about a positive experience. In fact, many suggest that a negatively-impacted consumer will go out of their way to spread the news of their misfortune.

Acknowledging this up-hill battle is the first step in using organic marketing for your business. Are you willing to work twice as hard to create “natural” buzz about your business?

My definition of “organic marketing” is easily defined as:

Promotion tactics that are:

1) Free or low-cost

2) Not considered “black hat” (banned, unprofessional, illegal) by industry standards

3) Using unconventional means to achieve your marketing goal

So how do you marketing your business organically?

 

CROSS PROMOTION

Are you looking to add some spice and popularity to your business? Imagine introducing a happy hour, rewarding your customers with discounted services (listen all your tanning, nail, and hair salons) during certain hours of the day. Choose a block of time that is generally slow and make it special.

Talk to a local restaurant and ask them to provide food for your event. In exchange, for complimentary services from your establishment. Allow them to advertise their services at your event: “Food Complements Of…” This will form a bond between businesses and their customers.

 

UNCONVENTIONAL, HIGH-PUBLICITY, EVENTS

Half.com put itself on the map. Literally. The small city of Halfway, Oregon changed its name to Half.com in exchange for $100,000 and new computers for their schools. The renaming started a firestorm that stretched beyond all industry lines. The event was broadcast all over the nation and sent Half.com into the dot-com stratosphere. Not long after, eBay purchased Half.com, an offer not likely prior to the huge publicity stunt.

 

BECOME AN EXPERT

How easy it is to sit down and type a few online articles (eHow.com, Dummies.com, Work.com, etc) or in trade magazines to show off the expertise you have in your field. A mentor once said to me, “if you are afraid of sharing all of your secrets in one article, you don’t know very much.” It is very true. Too many ‘experts’ hide their knowledge because they don’t want it ’stolen’ from them. Pick one or two subjects within our industry and write about it. Share tips and tricks you have learned over the years and help out potential customers. Be sure to include a link to your website or online biography (with your contact information). When customers have a question, they will turn to you for additional advice.

 

UNDERSTAND TECHNOLOGY

The pace of technology is putting some business out of business. Thousands of business owners have yet to understand, adapt, and face their fear of technology as a way to forward their business. How many plumbing services have a Facebook page sharing How-To tips to their group? How many Flickr photos has the local landscape company shared to demonstrate their work? Do you know of a tanning salon that uses Twitter to send out text coupons? These hypothetical questions meet the three basic points of organic marketing. Free (or low cost), not illegal or banned, and use methods unconventional in the industry to stand out.

 

GIVE IT AWAY

Nothing catches the eye of a potential customer than giving your product away where they would normally pay for it. Take, for example, the story of Penny For Pound, an online business classifieds. They list business for sale and listings for those interested in purchasing. A quick search of other business for sale listings find that they charge $50 to $100 per month, or a listing charge, or even a commission on the sale. Further, Plenty of Fish, an online dating website, found that sites like Match.com, eHarmony, and other leading match-up services charged for complete access. Plenty of Fish founder, Markus Frind, gave the service away. Both Penny For Pound and Plenty of Fish found a niche market where competitors are charging and provided the service for free.

 

PROVIDE WHERE COMPETITORS FAIL

Providing your service for free isn’t the only way to beat a competitor’s weaknesses. Imagine the largest provider of services in your industry and think of them like an aircraft carrier. Now think of your service as a jet-ski. Jet-ski watercraft could run circles around the larger, less nimble, aircraft carrier – making it easier to adjust to customer’s demands.

Nordstrom, the upscale department store known for its high level of customer service, demonstrates this ideal in a well-known story of customer service when a customer brought back a set of snow tires to the clothing retailer. The customer said he wanted to return the tires and get his money back. Although the clerk knew Nordstrom had never sold automotive tires, he refunded the purchase amount of the tires to the customer.

Possible the greatest customer relations story of modern times. Countless of business schools and magazine articles elude this simple act as the essence of what it takes to build and maintain a loyal customer base. The customer is always right even when provably wrong.

How many of Nordstrom’s competitors would have refused the return? Does your business step up where others would step away?

The $145 in cash that Nordstrom “lost” that day does not compare to the value they have received in word-of-mouth advertising.

What are ways you have found to market your business organically?

Would you pay $1 per month for Facebook?

by: ShaunNestor | published: April 17th, 2009 View Comments

Facebook is quickly closing in on competitor MySpace (at least in the US) when it comes to number of unique monthly visitors. In fact, it is expected that Facebook will surpass MySpace later this year. That kind of growth takes a lot of money to support, somewhere in the neighborhood of $20 million per month, some report.

In November of 2007, Microsoft invested $240 million into Facebook – which at the time was estimated to be worth $15 billion (although many believe that number is extremely inflated).

Currently, Facebook does not have any revenue model in place that will keep up with the demand and expenditures it is incurring. They are rumored to have about $200 million in the bank, but simple math tells us that won’t last forever.

So the question is: How will Facebook make money off of it’s 200 million users?

One recent report suggests the idea of charging $1 per month, or a flat $10 per year, for Facebook “membership”. What do you think? Those I talked to would rather find somewhere else to spend their time (and money) than paying for what is currently free.

If the music piracy ‘industry’ is any indication, people don’t like to pay for what they are used to getting for free.

What do you think? Would you pay $1 per month? More? Would you walk away if they started charging?

Facebook Now Promoting “Suggested” Public Profiles on the Home Page

by: Marketing Guys | published: April 13th, 2009 View Comments

It was one year ago that Facebook started suggesting “People You May Know.” Now, Facebook has started suggesting businesses and brands you may like as well.

Public profiles (formerly known as Pages) are now appearing in the “Suggestions” module on the top right side of the home page. In addition, business and brands are now mixed in with suggested friends on the “People You May Know” page.

For example, today I’m getting suggestions for popchipsThe Tonight Show with Conan O’BrienWarren MillerSarah PalinGeorge Lopez, and Depeche Mode. Most all of the suggested pages are official brand pages, as indicated by the vanity URL, but not all.

brandsyoumaylike

Getting included in Facebook’s suggested public profiles list could give a big boost to your public profile’s traffic. But, unlike Twitter’s process of manually choosing a few users to follow, Facebook’s list of suggested public profiles appears to be algorithmically generated depending on pages your friends of fans of. Pages experiencing increasing overall popularity also seem to be included.

What do you think? Do you like having businesses and brands suggested to you?

2010 Predictions vs Actualities

by: Jacob Madison | published: April 8th, 2009 View Comments

About 5 years ago, I wrote an article called “Business In 2010: A New Face of Marketing“. This morning, I found that the Associated Press published this.

First, I apologize for the lackluster writing ability in my article. Secondly, and with all humility, I told you so.

Ha ha ha … thanks for reading and your support!

NearbyTweets Helps You Find Twitter Friends

by: Marketing Guys | published: April 8th, 2009 View Comments

As we have said before, Twitter is quickly making itself impossible to ignore in the social-networking scene.

The trouble with Twitter though, as with any social network, is that it can be hard to find friends or followers. You can easily find people you already know, but that’s only part of Twitter. You want to follow people who are doing or saying interesting things, but how do you find them?

nearbytweets

NearbyTweets is a tool to help you find exactly that. It is easy to use, just enter a city or zip code, and a distance (say, 50 miles), and you’ll get a list of Twitterers nearby.

Following those near you is a great way to make personal connections, as well as stay on top of local events, and NearbyTweets is perfect for that. It keeps a constantly-updating stream of tweets at your fingertips, so you’ll always see what’s going on near you at that moment.

Attention Heavy Twitter Users

by: Marketing Guys | published: April 8th, 2009 View Comments

There was a time, not long ago, when the power Twitter users were gaga for Twhirl. This Air app gave (and still gives) you quick access to different views of your Twitter network, as well as your FriendFeed stream. But Twhirl didn’t last as the go-to client once the Twitterati discovered TweetDeck.

This service has the big advantage of giving users a multicolumn dashboard of everything going on in Twitter that they might care about, all at once on one screen. It also let users set up ad-hoc groups of people to follow, and search terms to track. It’s the Bloomberg terminal equivalent for Twitterheads.

TweetDeck is not the only multicolumn Twitter client, however. On Tuesday, Seesmic, which publishes Twhirl,released a preview of its own new multicolumn client, Seesmic Desktop. It’s going up against another new client, the Mac-only Nambu, as well as the relatively unknown AlertThingy, which supports more non-Twitter services than any other Twitter client.

Heavy Twitter users would do well to consider these other apps. They might also want to reconsider Twhirl, which, while not strictly multicolumn, is multiwindow, and allows users to set up a dashboard page of their microblog activity on multiple accounts and networks at once.

 

TweetDeck, a popular multicolumn Twitter client.

(Credit: Screenshot by Rafe Needleman/CNET)

As you can see in the chart after the jump, social network butterflies will likely be best served by AlertThingy, which supports a ridiculous number of services. However, it has a clunky search feature and an inelegant system to shorten links. FriendFeed fans should keep Twhirl on their radar. In this group of products, it has the best support for that network. (Personally, I use Twhirl to keep on top of FriendFeed, althought I don’t use it anymore for Twitter access.)

For power Twitter users, the new Seesmic Desktop has promise. It has a better interface for managing saved searches and groups than TweetDeck, and it’s the only app in this roundup that lets you use your Webcam to snap pics for upload to Twitter (via Twitpic) directly. The preview release available now has bugs, though, and it also lacks a filter feature, which is an important tool to use alongside search to control the content you see in Twitter columns. I’d wait a while before adopting this app.

 

Seesmic Desktop: It’s no TweetDeck, but give it time.

(Credit: Screenshot by Rafe Needleman/CNET)

Nambu is a strong product for Mac users. It does all the important things that TweetDeck does, except access services other than Twitter, and it adds support for displaying content from multiple Twitter accounts at once. It is easy to tweak what you see on-screen, and has the most Mac-like interface of these products.

We can’t consign TweetDeck to the dustbin of Twitter apps yet. It is still the the multicolumn Twitter client I recommend for Windows users. It’s stable, attractive, easy to use, and flexible. A publicly-availble beta version also supports Facebook; the only other app in this collection to offer that is AlertThingy. I’m keeping TweetDeck on my desktop as my primary Twitter client for the time being. I have an an eye on Seesmic Desktop, though. It shows great promise.

Download links: 
AlertThingy | Twhirl | TweetDeck | Nambu | Seesmic Desktop

 

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