America’s slow and expensive Internet is more than just an annoyance for people trying to watch “Doctor Who” on Netflix. Largely a consequence of monopoly providers, the sluggish service could have long-term economic consequences for American competitiveness.
Author: Ron Woodruff
Finding Your Niche in a Crowded Industry
The Internet has been an enormous asset when it comes to doing business. We now have the power to reach potential customers around the world. But while the Internet has given us incredible benefits, it has also produced one major drawback: competition.
Thanks to the Internet, you’re likely competing with far more businesses than ever before. Today’s consumers often research companies online before giving them a try, so avoiding the Internet altogether is not an option. Even local businesses must often compete with one another online, too.
To survive in this intensely competitive atmosphere, you need to carve yourself a niche. With the right niche, you’ll have something unique to offer your customers and will know exactly what type of clients you’re looking to reach. Thanks to modern technology, you can now find each other.
So, how do you discover your niche?
Start by focusing on what makes your company unique. For some, that might mean discovering a product or service that appeals to a very specific group of people. For example, there might be a few different companies that make pet clothing, but you can set yourself apart by focusing on a particular type of clothing, such as winter gear or beach gear for pooches.
If yours is more of a service industry, focus on finding what makes your service different from your competition. There are countless companies and professionals who provide marketing services, for example, so branding yourself as a general marketer might not be that helpful. Instead, specialize in a particular type of business, gain particular certifications, or focus on a particular type of marketing.
Look for groups that have been under-served within a particular industry. You want to find potential customers who have been just waiting for someone like you to come in and help fulfill their need. When you reach these customers, you’ll have the best chance of growing your business.
What do you do once you have your niche?
Once you’ve figured out what sets you apart from the crowd, make sure your potential customers see your value as well. Take the examples above. If you want to specialize in producing beach gear for dogs, you don’t want to focus your advertising efforts on attracting the attention of people who just want dog clothes. You’ll be up against countless competitors! Instead, focus your marketing efforts on those who are seeking your specific products. Target those going to beaches regularly, those researching information about taking pets on vacation, or those who live in seaside towns.
In the second example, incorporate your unique qualifications into your advertising materials and use them as keywords in your online marketing.
Once you’ve identified your niche and discovered how to market specifically to them, you need to focus your efforts on becoming the niche authority. Since this is your specialty, you’ll have incredible insight to offer your customers. Take the time to develop valuable information and content that can help you stand out even further. This will help potential customers trust you.
In today’s competitive marketplace, you don’t have the luxury of being a general provider. You need to find something that sets you apart. Whether you provide services or products, finding a way to appeal to your customers on a unique level will provide you with the key to growing your business.
Top 5 Reasons to Use Print Marketing
Nice article, even Google uses snail mail.
Mastering Business Strategy at the Chess Board
The game of chess has a long and storied history. Early versions were played from about the 6th century, while the modern game has been played since the mid 15th century. Even as technology advances, chess remains one of the most challenging and educational games around. It’s been used to teach military strategy and to improve critical thinking skills.
While most people are familiar with the intense challenge chess provides the brain, you might not realize how much it can teach you about marketing and running a business. Two key lessons involve pragmatism and playing the “long game.”
Pragmatism
To be successful at chess, you must be pragmatic. You need to be able to think on your feet. While most successful chess players have concrete strategies they enjoy using, no player can completely predict the moves their opponent will make. That means they must be able to make decisions on the spot.
A good chess player also has the skills needed to read their opponent. Through experience, they can often anticipate an opponent’s next move and will devise strategies based on what those moves might be. This gives them the insight they need to succeed with the next skill: playing the long game.
Playing the long game
A chess player knows that one must be willing to sacrifice a pawn or two for the long-term goal of winning the match. A good player will never get so caught up in an individual “battle” that they lose sight of their end goals. Chess players are continuously looking to the finish and developing their strategies based on their desired outcome.
How these lessons relate to marketing
Pragmatism
To be successful in marketing and business, you must realize you’re not going to be able to completely control every factor in your industry — or even in your company. You can’t control the response of your audience, what your competition does, developments in the industry, and other factors. Instead, you must be able to adapt your business and marketing strategy to whatever’s going on around you.
That said, a successful marketer will be able to “read” their intended audience and anticipate the type of marketing that is most likely to solicit a response. They’ll also be able to change their strategies based on customer actions and industry trends.
Playing the “long game”
When you’re successfully managing a business, you must always have your end game in mind. You can’t allow small upsets to disrupt your goals and strategies. You must have the presence of mind to know what you’d like to accomplish and what you need to do to get there. That might mean making a few sacrifices here and there to reach the end point. You don’t want to get so caught up in the small battles that you lose sight of where you want your company to be in the long term.
Chess has been used for centuries to teach strategy and improve critical thinking skills. As you sit down to play your next game of chess, think about how the strategies you learn on the chessboard can be applied to making your business a success.
Blogging Can Be a Fantastic Promotion Tool Across Platforms
Building a successful blog is an excellent way to integrate your marketing campaigns across several platforms. Here are a few ways to use your blog to promote your business regardless of medium.
With direct mail
When you send direct mail, mention your blog to let people know it’s there for them to read and comment on. Highlight some of the recent topics you’ve covered to entice them even further.
Direct mail is a wonderful way to advertise deals and upcoming sales. Market your blog as another way to stay updated about specials and events. Promote it as a way to learn more about your industry, so customers can get the most from your products and services.
On social media
Social media is an excellent tool for promoting a blog and connecting with page visitors. Use your social media accounts to promote your blog posts among your followers. Invite conversations on social media about subjects you’ve covered in your blog as a way of keeping your social channels active and engaged.
Promoting your posts on social media makes it much easier for people to share your content. People can read and post your content to their own social media pages without much effort. The more people share your content, the greater your reach, which can help spread your brand name and reputation.
With community events
Becoming active in your local community is a fantastic way to promote your brand. Customers enjoy working with local businesses they see as interested and supportive of the local community. Sponsor various charity events or host a table at community picnics and other neighborhood gatherings. This will allow you to get your organization in front of others in the community, so your company becomes a familiar entity. Use these opportunities to begin conversations about your industry and products with interested parties to further boost your reputation as an industry leader.
Use your blog to promote the events you participate in and to speak about your involvement with the organizations holding them. Encourage people to participate and get involved. After the event, post some pictures and write a post with highlights from the day. These types of posts can help advertise the event and encourage people to participate, while also demonstrating your involvement in the community even for those who are unable to attend.
A successful marketing campaign means reaching out to prospective buyers on a variety of platforms so they get to know your brand and how you can serve them. Your blog can be a fantastic tool for accomplishing this goal. If you’re still debating the merits of starting a company blog, consider the benefits it will bring to your integrated campaigns. If you’d like assistance getting a campaign off the ground, let us know. We’d be happy to help you with your marketing.
How to Build a Company Culture that Helps Marketing
As managers, we all strive to develop an atmosphere of success and teamwork. When you can develop a culture that respects those in your office and encourages success, you’ll notice many immediate benefits.
- Workers will become more motivated.
- Employees will feel valued and know the role they play in the success of the greater organization.
- They’ll also feel more confident handling day-to-day situations and solving problems.
- You’ll be able to spend your time more productively, too, by not having to handle issues your employees now feel confident dealing with on their own.
When your employees feel valued and content, the impact can stretch far beyond the office walls. Happy employees present a more enthusiastic and helpful face for your brand to potential customers. Your company’s reputation for caring for its employees and its customers will spread. Referrals will grow, and your marketing efforts will have a greater impact. In short, this type of fantastic company culture can help the bottom line.
So how do you achieve this type of business-friendly dynamic in your office?
During hiring
Building a fantastic company culture begins during the hiring process. Make hires based on two main factors: skills and how well the candidate will fit with the culture you’ve created or are trying to create. Many companies focus solely on finding the person with the best qualifications, without taking into account how well that person will fit in with the rest of the team.
Ask questions during the interview that speak to the values you seek. When you’ve found a candidate that appears to work well, consider having them do a trial project with your team to see how well they get along.
Among current employees
Educate and empower your employees so they feel confident taking control of their interactions with customers. Teach them how to delight customers not by just telling them or giving presentations, but through examples and demonstrations. Build a culture that focuses on under-promising and then exceeding customers expectations at every turn. Teach employees to focus on solving problems for their customers. Develop concrete buyer personas that employees understand completely, so they can quickly gauge what customers seek when they speak with them.
At the same time, empower your employees. Let them know they’re trusted and responsible for solving problems and finding new ways to help their customers. Have clear guidelines about when employees should ask for help and when they need to come up with their own solutions. This will help employees better assist customers and solve their problems. Customers will be happier knowing they’re speaking with someone who can actually do something, rather than just relay messages.
Creating a positive culture and work environment does more than make your organization a great place to work. It can also help boost marketing efforts and improve the bottom line. By helping your employees, you’re improving the face of the brand your customers see. You might be amazed at the impact it can have on your efforts.
Are You Neglecting This Valuable Source of Income?
When most people think of marketing, their minds automatically turn toward finding ways to attract new customers. In the process, they’re overlooking one key customer segment, and that could be costing them enormously.
Who is this precious group? Their existing customers.
Why existing customers are so critical
It costs an estimated 6 to 7 times more to attract new customers than to retain existing ones. Neglecting your existing customers doesn’t just waste time and money; it cuts into the bottom line, as you continually search for enough new customers to replace those who leave.
Existing customers can be excellent resources for expanding your consumer base. Customers in general are much more trusting of referrals they receive from friends and family than they are of advertising produced by a company itself. This is also true of reviews on websites and review sites. Taking the time to cultivate a fantastic customer experience will not only help encourage customers to come back, but will also lead to more referrals and positive reviews, which can increase your customer base and improve your reputation.
Encouraging customers to come back
To encourage your customers to return to you time and again, you must create a superior customer experience from the moment they first interact with your brand. Part of creating an ideal customer experience means investing in your employees. Treat your employees well and cultivate a culture that works well with the brand. Happy employees tend to present the best possible image to potential customers.
Train your employees to exceed customer expectations at every turn. This often means under-promising what they can do for the customer, then over-delivering. It means personalizing communications from the company to the person, even in a mass email. Make sure the content is relevant by segmenting email lists.
Make sure the content you develop for your website and blog is relevant and valuable to those who have already purchased from you. While much of your content will be more oriented toward potential customers you’re looking to land, you should also have some content geared toward existing customers. This content might suggest ways for them to get the most out of the products or services they’re using, offer continued education, or provide other useful information existing customers might find interesting.
In the same way, you should also be paying attention to your existing customers when it comes to promotions and deals. Too many companies focus on special sales and discounts for first time customers. This can leave existing customers feeling annoyed, overlooked, and put off. Make sure you run deals regularly for loyal customers, too, such as milestone discounts and points promotions. Such deals will help to m ake your customers feel valued.
Your existing customers can be a fantastic resource for building your business. These are the people who have already trusted you enough to do business with you, so show them how much they matter. Demonstrate you care about your customers through outstanding service, valuable content, and relevant promotions. You’ll keep more customers around, build loyalty, and see a rapid impact on your bottom line.
How to Use Keywords to Get Attention
How to Use Keywords to Get Attention
When it comes to developing content, few buzzwords are thrown around quite as much as “keywords.” While quality content remains by far the gold standard for SEO, keywords can be very helpful for guiding search engines and those making queries on them to relevant content on your website. Of course, figuring out what keywords to focus on can be a challenge. Keywords should match the vocabulary and information sought by potential customers, while also flowing naturally within the piece. Here’s what every professional should know about finding quality keywords for their website.
Determine the keywords people use
You don’t want to use keywords you think potential customers might use. Instead, you want keywords you know are commonly used. Use resources such as Google Trends and Adwords to monitor how frequently certain keywords are used. Look at trends within your market or industry, too. If a keyword has been decreasing in usage, focus somewhere else. If usage is low but has been growing steadily over the past few months, it may be worth looking at ways to incorporate that word or phrase more prominently on your site.
Look for words that match the vocabulary of your customers
In many industries, there’s a difference between the language used by the professionals and that used by their customers. Make sure the keywords you include on your website reflect the language your customers use. If you use your industry jargon, you’re more likely to attract your competitors or others in the industry rather than potential customers.
Make sure your content answers the query
It’s always good practice to run your own searches using keywords before developing your content. This will give you a good idea about the type of content that already exists for a particular keyword or phrase. It will also help you gain insight into the type of content people expect when they type those words or phrases into the search engine.
How well does your content line up with customer expectations? Even if you are able to use a keyword naturally in your content, if you aren’t answering the questions people have, your content will rank poorly. Google and the other search engines want to present helpful, relevant content for users. If your content isn’t addressing customer needs, it will quickly find itself falling behind.
See what your customers respond to
As you develop content, keep a careful eye on the type of content most likely to attract customers to your website. Note the keywords and topics that bring the most traffic and the most conversions. This can help you hone in on what your customers are responding to the most, helping to refine your efforts and increase traffic to your website. It will also help you better understand your customers, which will help you serve them better.
Keywords can be enormous assets when it comes to catching the attention of search engines and potential customers. When you take the time to determine the right types of keywords that will best serve your business, you’ll see much greater return on your efforts. If you’re looking to develop a strong marketing campaign, contact us today to see how we can help.
10 Tough Lessons Every Entrepreneur Should Learn
This is the first time that I have seen someone admit that the customer is NOT always right. Good article!
10 Tough Lessons Every Entrepreneur Should Learn…
http://bit.ly/10toughlessons
This article originally appeared at Entrepreneur. Copyright 2014.
Read more: http://www.entrepreneur.com/article/237077#ixzz3Q1m3HpvA
The Importance of Reputation Management
Companies used to be able to control a large portion of their message through advertising. Now, thanks to digital media, online reviews, and customers doing their own research, creating and maintaining a positive image requires much more subtlety and work.
The importance of a positive image
Customers naturally want to do business with companies they feel they can trust. They want to know a brand performs well, will meet their needs, and will be there to help with any problems that arise. A strong brand presence can be a fantastic advertising tool. It helps to spread your reach and encourage new prospects to become paying customers. But just as a positive review can boost sales, a negative one can spread like wildfire through social networks and hurt a reputation — and the bottom line.
Steps to foster a positive reputation
Focus on the customer experience. When customers feel valued and trust that service is a genuine priority, they become much more likely to return and recommend your brand to others.
Focus marketing efforts on providing value for customers. Customers today research companies before making a purchase, so be that reliable source of information they can turn to for answers to their questions.
Build a community around your brand. Encourage customers to interact with you and with each other through social media and real life events. Strong communities build loyalty and positive associations.
Anticipate people leaving reviews on the major review sites. Take the time to upload pictures and provide information, so the review sites show a complete picture. Encourage satisfied customers to leave reviews.
How to handle a negative review
Most well-established companies do end up getting the occasional negative review. It’s impossible to please everyone all the time. You’ll probably have at least one customer who thinks you should have done something differently, so it’s important not to panic if someone writes something less than friendly on either a review site, social media, or a blog. It’s also not the time to get defensive and start a battle of words. Instead, take the opportunity to demonstrate the professionalism and commitment to customer satisfaction your brand advertises.
Respond to the negative review personally, saying how sorry you were the customer didn’t have a good experience. Restate your commitment to making the customer happy and offer to rectify the situation. Contact the customer offline whenever possible, and see if the situation can be improved. Discounts on future services, money back, and sometimes even just an apology can help smooth over hurt feelings and improve the relationship between customer and company.
In certain situations, you might not want to apologize. Say, for example, the customer complains about something that’s a critical part of your brand. Rather than apologize, try restating your company’s goals. Apologies should be genuine. If you have nothing to apologize for, then stick with being professional and courteous to the customer.
If the situation is resolved completely, you can ask the customer to remove the negative review. You can also post another reply to the review, saying you were glad you were able to work with the customer to resolve the issue.
By making your efforts to satisfy the customer public, you’re advertising your commitment to customer care. People understand that even the best companies make mistakes. It’s the steps taken to correct these mistakes that matter.
Managing your brand’s reputation will have an enormous impact on the trust potential customers feel. Understanding the factors that go into reputation management in the digital age can help you better leverage technology to improve how you’re seen online.





