Do It! Marketing Blog: Marketing for Smart People™

Guest post by Rick Burnes

Inbound Marketing is marketing focused on getting found by customers.

In traditional marketing (outbound marketing) companies focus on finding customers. They use techniques that are poorly targeted and that interrupt people. They use cold-calling, print advertising, T.V. advertising, junk mail, spam and trade shows.

Technology is making these techniques less effective and more expensive. Caller ID blocks cold calls, TiVo makes T.V. advertising less effective, spam filters block mass emails and tools like RSS are making print and display advertising less effective. It's still possible to get a message out via these channels, but it costs more.

Inbound Marketers flip outbound marketing on its head.

Instead of interrupting people with television ads, they create videos that potential customers want to see. Instead of buying display ads in print publications, they create their own blog that people subscribe to and look forward to reading. Instead of cold calling, they create useful content and tools so that people call them looking for more information.

Instead of driving their message into a crowd over and over again like a sledgehammer, they attract highly qualified customers to their business like a magnet:

The most successful Inbound Marketing campaigns have three key components:

(1) Content - Content is the substance of any Inbound Marketing campaign. It is the information or tool that attracts potential customers to your site or your business.

(2) Search Engine Optimization - SEO makes it easier for potential customers to find your content. It is the practice of building your site and inbound links to your site to maximize your ranking in search engines, where most of your customers begin their buying process.

(3) Social Media - Social media amplifies the impact of your content. When your content is distributed across and discussed on networks of personal relationships, it becomes more authentic and nuanced, and is more likely to draw qualified customers to your site.

Why Inbound Marketing Makes Sense in a Recession

As the economy slows down, companies are turning to Inbound Marketing because it is a more efficient way of allocating marketing resources than traditional, outbound marketing. As our CEO, Brian Halligan, puts it, when you're inbound marketing, the thickness of your brain matters a lot more than the thickness of your wallet.

There are three specific ways Inbound Marketing improves on the efficiency of traditional marketing:

(1) It Costs Less - Outbound marketing means spending money - either by buying ads, buying email lists or renting huge booths at trade shows. Inbound Marketing means creating content and talking about it. A blog costs nothing to start. A Twitter account is free, too. Both can draw thousands of customers to your site.  The marketing ROI from inbound campaigns is higher.

(2) Better Targeting - Techniques like cold-calling, mass mail and email campaigns are notoriously poorly targeted. You're reaching out to individuals because of one or two attributes in a database. When you do Inbound Marketing, you only approach people who self-qualify themselves. They demonstrate an interest in your content, so they are likely to be interested in your product.

(3) It's an Investment, Not an Ongoing Expense - When you buy pay-per-click advertising on search engines, its value is gone as soon as you pay for it. In order to maintain a position at the top of Google's paid results, you have to keep paying. However, if you invest that money in quality content that ranks in Google's organic results, you'll be there until somebody displaces you.

p.s. If you'd like some personalized help - and your very own customized marketing and sales toolkit PLUS an easy-to-implement inbound marketing game plan with 1-on-1 guidance for 90 days, get all the details here.

• Leadership Skills
• Teambuilding
• Motivation
• Supervisory Skills
• Customer Service
• Meeting Facilitation
• Process Improvement

• Healthcare
• Corporate
• Financial Services
• Small Business Owners
• Entrepreneurs
• Non-Profit
• Faith-Based Organizations
• Anyone who wants to maximize potential, overcome obstacles & achieve goals

• Architectural drawings
• Building plans
• Hammering
• Screwdriving
• Framing
• Drywalling
• Plumbing/HVAC
• Roofing

• Tall people
• Short people
• Families
• People who want a new house
• People who'd like to move
• Caucasians
• African Americans
• Asian Americans
• Latinos
• Anyone who wants a house they can call a home, a roof over their heads, and to obtain housing

MARKETING TIP: Nobody CARES about YOU and what YOU do! They want to hear about the outcomes. Outcomes go way beyond features, benefits, processes, and methodologies.

Sell me on the HOUSE and what my life will be like when I've moved in, or have guests over, or have a picnic, or retire.

Talk about ME, MY life, and what MY experience of your product/service will be. That's all I really care about!

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David Newman is a marketing speaker and marketing coach who works with professionals who want to do a better job of marketing so they get more leads, better prospects, and bigger sales.

"Nearly all rich and powerful people are not notably talented, educated, charming, or good-looking. They become rich and powerful by wanting to be rich and powerful."
-- Paul Arden

How’s that for a goal? Imagine this:

“Billy, what do you want to be when you grow up?”

Billy: “Rich and powerful!”

Isn’t that great? What is wrong with that answer?

Nothing, NOTHING, NOTHING! Or as my mother says, “There’s nothing wrong with making a lot of money, you know.” (Thanks, Mom.)

Paul Arden gets it. On the cover of his book It’s Not How Good You Are, It’s How Good You Want to Be, he has the subtitle “The world’s best-selling book by Paul Arden.”

That’s what we’re talking about!

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David Newman is a marketing speaker and marketing coach who works with professionals who want to do a better job of marketing so they get more leads, better prospects, and bigger sales.

A colleague recently said to me, “No one has found the top secret formula for successful online marketing yet.”

I disagree. A number of companies know exactly what works and are making small fortunes with it.

The primary concept is that online marketing works best when you e‐mail to people who ALREADY know you. Therefore, successful online marketers build their “house file” or “e‐list” (lists of prospects and their e‐mail addresses) using the process outlined below, and then sell to those people via e‐mail marketing:

1. Build a Website that positions you or your organization as an expert, guru, or leader in your field or industry. This is the “base of operations” for your online marketing campaign.

2. Your Website should include a home page, an “About the Company” page and a page with brief descriptions of your products and services (each product or service description can link to a longer document on the individual item).

3. You should also have an “Articles Page” where you post articles your company has published on your industry or area of specialty, and where visitors can read and download these articles for free (e.g., a home improvement contractor would have tips for small do‐it‐yourself home improvement projects).

4. Write a short special report or white paper relating to the problem your product or service addresses, and make this available to people who visit your site. They can download it for free, but in exchange, they have to register and give you their e‐mail address (and any other information you want to capture).

5. Consider also offering a monthly online newsletter, or “e‐zine.” People who visit your site can subscribe free if they register and give you their e‐mail address. You may want to give the visitor the option of checking a box that reads: “I give you and other companies you select permission to send me e‐mail about products, services, news, and offers that may be of interest to me.”

6. The more “content” (useful information) on your site, the better. More people will be attracted to your site, and they will spend more time on it. They will also tell others about your site.

7. The model is to drive traffic to your site where you get them to sign up for either your free report or free e‐zine. Once they register, you have their e‐ mail address and can now market to them via e‐mail as often as you like at no extra cost.

8. The bulk of your online leads, sales, and profits will come from repeat e‐ mail marketing to this “house” e‐list of prospects. Therefore, your goal is to build a large e‐list of qualified prospects as quickly and inexpensively as you can.

9. There are a number of online marketing options, which can drive traffic to your site, that I can help you with. These include free publicity; e‐mail marketing; social media advertising; search engine optimization; direct mail; and e‐zine advertising.

10. The key to success is to try many different tactics in small and inexpensive tests, throw out the ones that do not work, and do more of the ones that are effective.

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Need a great marketing speaker for your next association conference, company meeting, or franchisee/dealer event? Marketing speaker David Newman delivers the goods - over 600 presentations since 1992. David's clients include 44 of the Fortune 500 and countless small and mid-size organizations, associations, and non-profits.
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Just came across this terrific item from my fellow marketing speaker and marketing coach, Jose Palomino of Value Prop Interactive - take a look. (Jose's ideas are ALWAYS worthwhile so you may want to subscribe too!)

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Just when we thought we had exhausted our creativity with YouTube, up comes this small brand with a truly and literally “out of the box” idea. Bringing to mind those old “Choose-Your-Own-Adventure” books that became a fad among young readers in the 90’s, this recent promotional spot from Tipp-Ex (BIC’s European brand of correctional fluids and tapes) lets viewers interact with the video to change its outcome.

At first, viewers might not realize that the advertisement is interactive, or even that the video they’re watching is an advertisement at all. It starts off as an apparent home video of a two-man camping trip, but their adventure (and unfortunately, their language as well) turns sour when a bear wanders into the campsite. Much to the viewers’ surprise, they are asked to choose what happens next...

Read the rest on Jose's blog, Strategic Propositions

What do you think? Crazy? Innovative? Effective? Share your thoughts in the COMMENTS section below.

As a marketing speaker and marketing coach, some clients have, on occasion, accused me of being "all about the money" and ignoring or downplaying the other (very) important parts of their business.

The bottom line is that of all the professional speakers, consultants, and professional services firms I've helped with their marketing strategy, tactics, and tools - 100% of them came to me with NOT ENOUGH focus on the money side of their business. Thus, their struggle.

Yes, I focus on the money... and so should YOU because money does bring you some very valuable advantages.

These include:

Power Bill Gates can do more good in the world than I can because he has a $37 billion charitable foundation. Money enhances your ability to help others.

Security When you attain financial independence, your money worries are gone for good, an enviable position to be in. Millions of Americans worry about money.

Comfort Money insulates you from hunger and homelessness, and ensures access to basic services such as heat, electricity, potable water, and health care— stuff we take for granted but millions worldwide lack.

Luxury For those who desire it, wealth allows you to indulge yourself, whether living in a mansion on the ocean, driving a Porsche, or dining on the finest caviar.

Freedom With enough money, you choose what you do, where and when you do it, and who you do it with…and never have to work at a job you hate because you need the cash.

As a marketing speaker and marketing coach who works with professional speakers, consultants, and professional services firms, one of THE most frequent questions I get is "How do I find the best places for me to speak so I generate business?"

I always come back with the following key question: What Audiences Are Your Clients In?

What groups do your ideal clients belong to? This will obviously determine which audiences you want to be in front of.

Not sure? Don’t guess – ask!

Here is the script to ask your current clients, prospects, and centers of influence who know your target market well…

“I’m looking to speak more in front of groups of [BUYER PERSONA]. I’d love to get your Advice, Insights, and Recommendations.”

(Thanks to my pal, networking and referral marketing speaker Michael Goldberg for the A-I-R approach!)

Another way to ask might be…

“Of all the industry groups and associations you belong to, which ones provide the most value in terms of the speakers and programs they present?”

With both of these scripts, the natural follow-up discussion would center around your desire to serve this industry/community more and to share information with them that would help them become even more successful.

Likely outcomes from this discussion would include:

• Names of specific groups, associations, and conferences
• Names of specific people serving in board or programming positions
• Names of other executives or decision-makers in the field
• Names of other companies or firms in need of similar information/services
• Specific networking introductions
• Offers of referrals to the individuals they already know
• An opportunity to reciprocate and ask how YOU might be of service to THEM

Resources for Targeting Best-Fit Venues

Finding venues to speak profitably could be like trying to find a needle in a haystack. Here are some resources to help you laser-target your speaking to your best-fit audiences:

• The Directory of Associations online (http://www.marketingsource.com) 
• National Trade and Professional Associations of the United States – hardcopy from http://www.columbiabooks.com
• http://www.LeadershipDirectories.com for access to 500,000 corporate and association decision-makers (this comes at a hefty $5,000 annual fee)
• Your Public Library – free access to high-priced proprietary business databases (Hoovers, D&B Million Dollar Database, InfoUSA)

Have fun, speak well, and go generate some business.

Got questions? Comments? A resource or tip of your own? Please use the COMMENTS sections below and let's hear from YOU...

Testimonials are among the most powerful marketing ammunition in your marketing arsenal. As a small business marketing speaker, I'm often asked if testimonials are important - and if so, why?

Testimonials have the power to achieve a variety of things for your marketing and customer retention programs.

Each time you use a testimonial you need to decide what you are trying to accomplish or what message you are trying to support. For example, they can:

* Overcome buyer skepticism. Use a testimonial to shine light on your credibility, or on the quality of your product or service. This type of testimonial builds trust and overcomes natural barriers. In the example above, the testimonial could have read: "Best product I've tried in this price bracket - and I've tried many. Great value for money, and no shortcuts on quality."

 * Overcome objections. Your readers are going to be naturally skeptical of any claims, promises or bold statements. As much as you can back yourself up with facts, a third party experience or opinion will work wonders to overcome unspoken objections in the customer's mind. "It all sounded too good to be true, but when I used the hair straightener, there was more shine and less breakage."

* Simplify or make a point. A customer's personal experience with your product or service will work to persuade your audience like a story does. Complex explanations or abstract applications will make more sense when applied to real life examples. This works well with highly technical products or complex services where the customer doesn't need to understand all the details.

* Break up and maintain interest in long copy. Readers have short attention spans and they will get bored unless you can change up the structure on a regular basis. Quotations and testimonials will break up the tone or voice of the copy, and sound like the customer is reading dialogue, which will keep them engaged. You can also break up paragraphs with a testimonial that supports the point you have just made.

* Target anxieties or doubts. Just like they can overcome skepticism and objections, they can also overcome hidden anxieties or doubts at each stage of the sales process. Anticipate questions like "is this worth my money?", "do I really need this?", "can I trust the guarantee?" and "will they sell my information?", and place testimonials accordingly.

Use testimonials in your marketing efforts and you'll unleash the power of social proof, reduce risk, and induce the "I gotta get me some o' that" factor!

What has been your experience with testimonials? Use the comments area below to share your thoughts...

1. The first secret is to have a compelling business idea, one that is differentiated and sustainable.
2. The second secret is to be a zealot.
3. Third on my list of secrets is to have a conservative business plan.
4. Secret number four is to work effectively with others.
5. The last secret of truly successful entrepreneurship is to change and grow as your business grows.

"We often talk about ourselves as if we have permanent genetic flaws that can never be altered."
-- Marshall Goldsmith

This snippet from America's preeminent executive coach (and founding director of the Alliance for Strategic Leadership) speaks volumes about where most people are today, and where they COULD BE.

My wife was on the phone a while back with a friend who runs a video production business. She asked him, "So, Ron - do YOU have the sales gene?" Turns out that neither one of them believed they had "the sales gene." Problem is, HE was in sales and my wife wasn't!

Guess how robust his sales are?

Exactly.

Although I'm a marketing speaker and not a sales trainer, I can tell you that this mindset WILL hurt your bottom line.  

And the term "gene" - as in the creativity gene, the leadership gene, the money-making gene, the happiness gene - is as FLEETING in reality as it sounds BIOLOGICALLY PERMANENT when we talk about it!

Thomas Watson, Jr. of IBM weighed in on this issue when talking about excellence (or the 'excellence gene' as we might call it in this context):

"If you want to achieve excellence, you can get there today. As of this second, quit doing less-than-excellent work."

Try this version on for size: If you want to achieve X (sales, dating, marketing, whatever), as of this second, start believing that you DO possess that gene -- and then ACT on that fact!