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16 Posts authored by: Marie.Wiese
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Over the last ten years I have talked to hundreds of CEOs of small and medium-sized businesses about what works and what doesn’t in building a repeatable lead stream for their business and a marketing engine that delivers measurable business results.  I started to keep track of what CEOs were telling me and devised a list of the attributes of marketing programs that succeed. 


Fotolia_26584781_XS.jpgLast year I developed a list called “The 11 Must-Have’s for Your 2011 Marketing Plan. I believe that those “Must Have’s” still hold true more than ever, so if you have not read that or delivered on this for your business, you should start here.


This year we would like to build on the list from 2011 and explain the most important tactics we see for 2012. If you deliver them for your business, you will add significant kick to your sales and marketing program.

 

1. Figure Out Google+.

Google is not going away any time soon and while you might just think it’s another social media site, it’s not. Google+ could have significant value to how you communicate with your customers because it’s a tool that’s been designed for business as opposed to a site that has been developed for socializing, trying to figure out how to work for business (Facebook ). The way you connect and build groups in Google+ and interact, could be an important, cost effective tool for achieving #2 on our list.

 

2. Stop Broadcasting and Start Engaging.

Just broadcasting information is not going work next year. The fight to get heard is more competitive than ever so you have to figure out how to interact and work with your community whether its customers, people in the industry or people tracking your business progress. You need to understand how to build that community with tools on the back of your website for posting comments or communicating as a group with online meetings, or enhanced podcasts or webinars or shared content. It’s not about quantity, it’s about the group interacting and communicating. Stop broadcasting. Start engaging.

 

3. Improve your E-mail Marketing Program.

New e-mail legislation coming in April 2012 in Canada means three things:

 

a. You must have an e-mail marketing tool that clearly allows people to opt out and contact you if they are disgruntled about your emails. You can no longer get away with using Outlook or a CRM system that does not comply with anti-spam laws. It’s no longer an option – it’s the law.

 

b. People have to agree to receive e-mail from you. Don’t purchase lists. Don’t scrape addresses off websites. If someone has not opted-in to your e-mail program they don’t want to hear from you. This is bad news for people who spam and sell lists. This is great news for people who send valuable content to an Opt-in List. Make your emails valuable and wanted as opposed to deleted and unread.

 

c. Broadcasting product information will likely force Opt-out quickly. Re-read item #2 above.

 

4. Use Offline to Drive People Online.

Advertising, trade shows and other forms of marketing that are referred to as offline tactics, all drive people back to your website whether you like it or not. See our post on October 14, 2011 about the 11.2 pieces of data people are looking at online before they make a decision to buy anything and call you. It’s okay if you want to use advertising in the local paper to promote your business but instead of including a phone number, just include the link to a web page and offer something of value people can download to give you their e-mail address (so you can start solving #3 on our list).

 

5. Look at your Website and Google Analytics Every Day.

There is gold sitting there about what people are looking at and how people are interacting with your company. Just because they have not called you does not mean they are not checking out if they want to do business with you. Use your data to improve your marketing and don’t orphan your website. You should be adjusting content every week.

 

Maybe these suggestions seem obvious but you would be surprised how many companies ignore the basics. Don’t be one of them. These five strategies alone will add significant kick to your 2012 marketing plan.

 

Happy kick-starting your 2012 marketing plan!

 

Marie Wiese is founder of Marketing CoPilot, www.marketingcopilot.com and the author of the eBook, “Why marketing fails... and what you can do about it!” Marketing CoPilot provides outsourced marketing services to business owners that want to create a two-way dialogue with past, current and future customers. Marie is a 20 year veteran of the B2B marketing world, past Chair of the York Technology Alliance in the greater Toronto region and a workshop leader at Regional Innovation Centres (RICs) in Ontario where she teaches early stage companies how to build online lead generation engines that deliver measurable business results.

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831 Views 1 Comments Permalink Tags: marie_wiese, email_marketing, outsourced_marketing_service, strategy_tips, marketing_plans, online_marketing_strategy
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Over the last ten years, I have talked to hundreds of CEOs of small and medium-sized businesses about what works and what doesn't in building a repeatable lead stream for their business and a marketing engine that delivers measurable business results. This series is about lessons learned and best practices. Today, we discuss  a real life example.

 

A couple of posts ago, we talked about the work we were doing with business owners to help them develop a web presence that would deliver measurable results for their business. Today, we want to share one company's journey.

 

ET Group is a company that has been in the Toronto, Ontario market for more than 20 years selling audio/visual equipment to other businesses. About three years ago, new owners bought the business and began to transform the company.

 

Along the way, some tough decisions were made.

 

When you acquire a business, one of the things you are acquiring is the customer base, but there is always an opportunity to assess what you are selling and to whom and to determine your preferred business strategy. This created a great opportunity for ET Group to redo their web presence. The old website did not reflect the customers they wanted to serve and the solutions they wanted to sell.

 

Step 1: Define Your Ideal Customer

 

When we start our work with business owners, we ask them to fill out a customer scorecard that allows us to determine their best customers, their attributes and why selling to more people like them is good for the business. For ET Group, this exercise was extremely important because they had determined that their best customers were large enterprises that wanted more than just equipment. These customers also wanted to understand how to use technology to provide better collaboration opportunities for their employees. For ET Group, this meant repositioning how they sold their products and services.

 

Lesson 1: To attract your ideal customer, you need to let go of part of the business that just won't appeal to your ideal target customer.

 

After ET Group had made some tough decisions about their target customers and the people they wanted to serve, it made the work of understanding keywords and content much easier. In our last post, we talked about what a person sees when they do a search for audio/visual equipment in a search engine. There are lots of companies hawking products at the "lowest price" but this is not where ET Group wants to compete.

 

Step 2: Understand exactly what your ideal customer is searching for and how they search.

 

This is likely the most important thing you can do when building a web presence for your business and often the thing that most business owners get wrong. Not only do they not understand how people search for a product or service, they completely misunderstand how they buy the product or service.

 

Lesson 2: Mapping the buying process of your customer leads to a great website set up.

 

When you know exactly what your target audience needs to understand when they look for a solution, it makes it easier for you to decide what content to put on your website and what themes to push out in your web strategy.

 

Step 3: Figure out what you want a potential customer to do when they land on your website.

 

Too often companies selling complex business solutions use product information as the backbone of their website and any content that can be found about them online. ET group suffered from this trap on their old site and there was nothing a potential customer could do on their website other than struggle to understand ET Group's differentiation or pick up the phone and call them.

 

Lesson 3: Create tools or processes on your website that allows someone to do something or show interest without picking up the phone and calling your company.

 

There are many stages in the buying process and customers today want to educate themselves with many points of information online before they take a next step with a company. Allowing someone to download something, take a quiz, leave a comment or engage online  in a way that tells us where they are in the buying process, allows us to understand how to nurture that relationship online: Right down to the pages they look at, the time they spend on the site, where they came from and what pages they left from.

 

ET Group launched their new website last week and for the company, their We Presence Journey is just beginning. Over the next six to eight weeks, here are the things that the ET Group sales and marketing team will be watching to see how their new strategy is engaging the marketplace:

 

  1. The search engine rankings for their top 10 keywords.
  2. Where people are coming from to visit the site (direct traffic versus referring traffic versus organic search).
  3. The bounce rate of visitors (currently they are sitting at 50% and they would like to get this down to 35% which means a better match of keywords to visitors).
  4. Length of time spent on the site and the content they are viewing. This gives an indication of how well they are painting a picture of what can be accomplished with their products or services.
  5. Whether they are getting traffic to the site from other activities they are doing such as e-mail marketing or social media.

 

Of course the most important metric will be whether people download their new conversion tool, watch videos or leave comments on the site. Engagement is the most important activity in the short and long term that needs to be tracked and measured to determine if the web presence is working. Ultimately, the online strategy should engage past, current and future customers in a two-way dialogue.

 

We'll have more on ET Group and their Web Presence Journey. Stay tuned.

 

Marie Wiese is founder of Marketing CoPilot, and the author of the eBook, Why Marketing Fails... And What You Can Do About It! Marketing CoPilot provides outsourced marketing services to business owners that want to create a two-way dialogue with past, current and future customers using digital media. Marie is 20-year veteran of the B2B marketing world, past Chair of the York Technology Alliance in the greater Toronto region and a workshop leader at Regional Innovation Centres (RICs) in Ontario where she teaches early stage companies how to build online lead generation engines that deliver measurable business results.

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894 Views 0 Comments Permalink Tags: small_business, marie_wiese, website_strategy, best_practices, et_group, target_customer, managed_marketing_service
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Over the last ten years I have talked to hundred of CEO's of small and medium sized businesses about what works and what doesn't in building a repeatable lead stream for their business and a marketing engine that delivers measurable business results. I started to keep track of what CEO's were telling me and devised a list of the attributes of marketing programs that succeed. My last post was about what makes a great website. Today we tackle the topic of tactics you should be using to drive customers to your business.

 

 

 

One of the great things about Google, is that it leveled the playing field for small companies that were trying to compete against Goliath. Now that the Internet and a website have become the marketing tool of choice, small companies can look big online and do things just as quickly and effectively as their larger conterparts. It just requires sound strategy not deep pockets to effectively compete.

 

Do you know what your competition is doing to get customers?

 

This week, Forrester Research issued a great report that could provide you with some clues and answers about where you should place your emphasis in the coming years with respect to marketing spend and tactics. While the data is US-based, it provides a good bench mark for what your competition is likely doing and provides a guide to the popularity of new marketing tactics and the changing nature of marketing activities.

 

Here is the most important thing you should be paying attention to: the time your customer is spending on the Internet has eclipsed the time they spend watching television. As a result:

 

  1. Traditional marketing tactics such as advertising, radio and TV are waning in popularity and results.
  2. The search bar continues to be the tool of choice for consumers when researching or choosing a product or service.

 

 

Here are some suggestions to ensure you are not getting out-marketed in the coming year:

 

  1. Plan your budget based on what your customers are doing, not on past spend. Look where customers are hanging out online and how they need to get and stay engaged with your business. Don't just look at budgets past. Every year you should assess what is creating enagement and decide if you are spending too much or too little to acquire a customer that becomes truly engaged with you over the long term.  Online tactics can help you achieve this in a more powerful way than traditional media ever has. Spend your time and money on what matters to your customer. (Emphasized in point 3).
  2. Use your data. Too many business owners ignore the obvious information right under their noses that they could be using to plan their next marketing activity. Trends on a website or webpage with respect to visitors, time on page and overall interaction is a good indication about whether people care. If they don't care because they spend no time on the content or it's too complicated to figure out, you can bet they won't do anything with your business as a result. No one is running out to buy something after receiving a poorly written e-mail or spending more than five minutes on a website trying to figure out what you do. The data that lies hidden inside your website or e-mail analytics are good indications of whether your programs are working and what your next campaign should be.
  3. It's not about promotions or daily deals. Yes, Groupon is popular but in the coming months it will be proven that only a small percentage of the marketplace cares about 20% off or free gift with purchase. Today's precious commodity is time. People care less about saving a dollar and more about saving an hour. If your marketing is educational, intuitive and easy to understand, you save your customers precious time in understanding how something works or their choices. Value-added content or simple-to-use is what people want most today.  People want it to be easy. Help them save time in a real way and customers will follow.
  4. E-mail is still king. I am amazed at the number of businesses that still don't have a decent e-mail marketing platform or program for their business. E-mail is what connects the universe online and one of the best investments your company can make is to invest in a program that allows people to engage with your business ongoing. New e-mail compliance laws coming into Canada in April 2012, will make it harder for spammers to annoy us but also give responsibility to companies to ensure their e-mail lists allow people to opt-in. Business owners should be working right now on creating, true, opt-in lists of people they can interact with online (not spam) regularly.

 

It might be easy to think that with the popularity of online marketing finally taking hold in the small business community, that your competition must be on top of it. You'd be surprised at the number of businesses I encounter that have ignored the simplest of activities that could be producing huge competitive advantage for their business: communicating simply and often online so that people want to hear from you. Layer on the ease of use and cost-effectiveness of today's online tools and you'll be out-marketing your competition in no time.

 

Marie Wiese is founder of Marketing CoPilot, and the author of the eBook, Why Marketing Fails... and what you can do about it!" Marketing CoPilot provides outsourced marketing services to business owners that want to create a two-way dialogue with past, current and future customers. Marie is a 20 year veteran of the B-2-B marketing world, past chair of the York Technology Alliance in Toronto and a workshop leader at the Regional Innovation Centres (RIC's) in Ontario where she teaches early stage companies how to build online lead generation engines that deliver measurable business results.

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In our last post we discussed how redoing a website can challenge your business model. We highlighted three company examples of businesses that quickly realized why repackaging and repositioning what they do and how they do it on the web was making them rethink what they sell and how they sell it.

 

In doing research for this week’s post, we came across a great resource that everyone who is considering redoing a website, should read before they do it.  Knock knock by Seth Godin is not only helpful, it’s liberating.

 

 

Seth.png

 

Here’s why: Godin highlights three questions you must answer on every single page you build:
1. Who’s here?
2. What do you want them to do?
3. How can you instantly tell a persuasive story to get them to do #2?

 

If you can’t pull off #3, then don’t bother building a page. Or a website for that matter.

 

Your website is a series of steps; steps people take in the buying process to make a decision to buy something.  Your website should reflect this on every page as the pages are put together to tell a story. You need to not only tell that story as persuasively as possible but you need to think about your site in terms of who is there and what you want them to do. This is the number one problem with sites today that are underproducing in business results: websites need to encourage people to do something when they visit a site. If the content is not compelling enough to get them to pick up the phone and call you, then what else have you got?

 

Let’s go back to Company Example C from our last post:

  • Sells audio visual equipment; a competitive space full of people who sell and set up equipment. This company needs to use their website to sell the vision of what a company is trying to achieve when they buy audio visual equipment - a collaborative ecosystem for their employees. This means their business model changes. It’s no longer just about recommending equipment and setting it up. It needs to be about selling the value of achieving business goals and outcomes.

 

When I search for audio visual equipment, here are the search results I get:

 

Marie_results.png

 

  • I see results coming back that provide me with the top three companies paying for Adwords (yellow box).
  • I see the local search results.
  • And if I had scrolled down the page I would have seen AV companies from across Canada.

 

I click on the first organic search result and here is what I get:

Marie_results_bad.png

Jerry’s site looks pretty much like the next ten – companies hawking AV equipment and trying to get interested parties to their sites because they have a deal on a particular unit. I can’t buy the equipment from the sites I visited and I had to dig pretty hard to even find a way to contact the company. Finding them on Facebook did little for me as well as a business owner. So if everyone is selling equipment and the only differentiating factor is price, what are my choices as a buyer? Let’s go back to Seth Godin’s three questions:

 

  1. Who’s here?
  2. What do you want them to do?
  3. How can you instantly tell a persuasive story to get them to do #2?

 

Would you buy from Jerry?

 

Of the entire page of search returns, here is the only page that caught my attention:


Marie_results_good.png

  1. Who’s here? Event planners.
  2. What do you want them to do? Get started planning their event. The” Get Started” button goes to a simply designed page that allows me to enter the details of my event that is coming up and what I might require. It’s even right in the URL – avquote.com. The singular purpose of this site is to get an AV quote.
  3. How can you instantly tell a persuasive story to get them to do #2? By making me feel like a VIP, that I am “in the club” and simply stating why I should work with AVQuote. This is available right on the home page; no assumptions about products, price or clutter that I may or may not want, just a cleanly stated request for details about my event.

 

Is AVQuote in the business of selling and renting AV Equipment? Yes they are but the story they are telling to engage a prospective customer is direct and it’s specific. They likely have to rethink how they price their products and services to accommodate the event consulting they have to deliver up front at the beginning of this process but they are not just about equipment at the lowest price. The way they package and sell their services is impacted by who, what and how.

 

Today, small business owners need to consider the importance and value of their website and web presence. They also need to consider that anyone who comes up ahead of them in a search result is a competitor. Before you redo your website, do yourself a huge favour and answer Seth Godin’s three questions. You will not only save yourself time and money you will make it back in spades because the end product will set you apart in the marketplace and have droves of customers knocking at your website home page.

 

 

Marie Wiese is founder of Marketing CoPilot, www.marketingcopilot.com and the author of the eBook, “Why marketing fails... and what you can do about it!”  Marketing CoPilot provides outsourced marketing services to business owners that want to create a two-way dialogue with past, current and future customers. Marie is a 20 year veteran of the B2B marketing world, past Chair of the York Technology Alliance in the greater Toronto region and a workshop leader at Regional Innovation Centres (RICs) in Ontario where she teaches early stage companies how to build online lead generation engines that deliver measurable business results.

839 Views 0 Comments Permalink Tags: marketing, 10-99, 100+, 1-9, business, website, small_business, smb, web_presence, website_strategy
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Over the last ten years I have talked to hundreds of CEOs of small and medium-sized businesses about what works and what doesn’t in building a repeatable lead stream for their business and a marketing engine that delivers measurable business results.  I started to keep track of what CEOs were telling me and devised a list of the attributes of marketing programs that succeed.  My last post addressed why a website is so important to the future of your business. Today we address how redoing your website can challenge your business model.

 

 

We are currently in the process of launching new online strategies for three companies that sell business solutions to other businesses. Their current websites are typical brochure-ware, meaning there is lots of detail about what the company does, but very little detail with respect to why it matters to the business processes of their customers. 

 

We have worked through their respective value propositions and mapped the buying process of their customers. We have designed the home page to reflect the buying process and carefully placed the value proposition in the main eye-tracking area of the site as we do using landing page optimization techniques. I have detailed elements of this process in previous blog posts. But a curious thing has happened. While we were taking care of all of the technical aspects of a website, we discovered that:

 

  • Creating a website forces business owners to re-evaluate their business models.

 

In this post and ones in the coming weeks, we are going use these three companies as examples of how business models can change as result of redoing websites and creating online business strategies.

 

As these three companies sat down to write copy from the perspective of their customers and how their customers buy their products and services, they have come to realize that what they are selling has little differentiation in the marketplace, is highly commoditized in the industry and the actual product is not something someone is searching for in a search engine. Therefore, people searching will never find them and if they do, they won’t understand what they would be buying.

 

In other words, their business models no longer work in this new era of search. Bolting online tactics to an old model is no longer enough.
If this sounds familiar, read on:

  1. Your company sells complex solutions versus “off the shelf”.
  2. You don’t sell your products online using an eCommerce engine.
  3. You have been in business for 10+ years and have a well established client base.
  4. You recognize the value and impact a good website and web presence has on your business.

 

Don’t read on if you still believe...

 

“But my customers don’t go on the web to make purchasing decisions.”


Oh, but they do and this is why paying close attention to your web presence forces you to evaluate your business model. (See my last post on the way people are buying anything today and the 11.2 pieces of data they are using to make their decisions). In a world of infinite customer choice and the ability to learn about anything using a search engine, the way you position your company and communicate about it lets you break away from what everyone else in your sector is doing and changes what you sell and how you sell it.

 

When you start to build a new website for your business, you will likely be faced with these types of questions and challenges:

 

  1. How to do I present the context of what I do and why it matters without jumping to features and functions and product details?
  2. How would I navigate a potential buyer through the story?
  3. What are prospective customers seeking that would get them to my site in the first place?
  4. What are they going to find when they get there that sets my company apart?

 

Answers to these questions impact your business model.  Take a look at these examples:


Example A: Sells training courses. If you are a big company, you hire them to help train your managers. But this is a cluttered, highly commoditized space.  Now the way they discuss, package and sell their product has to change. Just taking course listings and dumping it on the website, isn’t going to tell the right story. How they tie together courses to create leadership solutions changes the story and the model.

 

Example B: Sells point of sale systems for retailers. Again, this is a highly commoditized industry ranging from selling cash registers to highly sophisticated systems that track what, how, when and where a customer buys in a retail outlet. If you do a search on “POS Systems”, an infinite number of search results are returned. For this client, just listing a series of products on the website is no longer an option. They are really in the business of selling retail intelligence and their site and sales process needs to reflect this change in the actual value of their solutions on their website and keyword strategy.

Example C: Sells audio visual equipment, another competitive space full of people who sell and set up equipment. This client needs to use their website to sell the vision of what a company is trying to achieve when they buy audio visual equipment - a collaborative ecosystem for their employees. This means their business model changes. It’s no longer just about recommending equipment and setting it up. It needs to be about selling the value of achieving business goals and outcomes.

 

Stay tuned as we follow their journey from concept to real website and how it transforms their business.

 

 

Marie Wiese is founder of Marketing CoPilot, www.marketingcopilot.com and the author of the eBook, “Why marketing fails... and what you can do about it!” Marketing CoPilot provides outsourced marketing services to business owners that want to create a two-way dialogue with past, current and future customers. Marie is a 20 year veteran of the B2B marketing world, past Chair of the York Technology Alliance in the greater Toronto region and a workshop leader at Regional Innovation Centres (RICs) in Ontario where she teaches early stage companies how to build online lead generation engines that deliver measurable business results.

707 Views 0 Comments Permalink Tags: strategy, 10-99, 1-9, business, entrepreneur, website, small_business, online_strategy
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Over the last ten years I have talked to hundreds of CEOs of small and medium-sized businesses about what works and what doesn’t in building a repeatable lead stream for their business and a marketing engine that delivers measurable business results.  I started to keep track of what CEOs were telling me and devised a list of the attributes of marketing programs that succeed.  My last post was about how to view the real value of your website – it’s the equivalent of a full time employee working the front desk. Today we address why a website is so darn important to the future of your business.

 

 

Something strange has happened to your customers. There was a time when they would be happy watching an ad on TV, reading an article in a trade publication or asking a colleague for a recommendation for a business solution.  The internet has changed this. They can now do research and find data points to instantaneously help them decide.

 

Today, the average customer uses 11.2 data points via search, video, customer reviews and other online sources in order to make a buying decision.

 

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In a new study by Saatchi and Saatchi X, commissioned by Google, they have coined a new term, the “Zero Moment of Truth” (ZMOT) that explains what a customer is doing before they buy.  Whether they are buying an airline engine, piece of software, or a can of soup, the ZMOT applies equally to what people are hoping to find when they research for a solution to a problem, either personally or for their business.

 

  • 79% of consumers now say they use a smartphone to help with shopping
  • 83% of moms say they do online research after seeing a TV commercial that interests them

 

What this means is that your presence on the web, needs to be more than a website and much more than product information or contact details. You need comments, articles, value-based information and at least 11.2 data points that will help a person decide. If you are out selling your products and services, via typical channels like sales people and advertising, what do people find when they search for you after they have heard about you? If your sales team is creating stimulus in the marketplace, make sure your web presence can deliver.

 

ZMOT.png

 

Photo Credit: ZMOT PDF

 

Take a moment and conduct a keyword search on your company and on the keywords your customers search for. See the web through the eyes of your customers and look at all of things they could be looking at to make a decision before they buy from you.

 

If you are spending money on marketing to drive prospects to your business, perhaps you need to stop and start spending time and money your web presence first. Just stimulating name recognition for your business could be a huge waste of time and money if its not support by your web presence in helping people make a buying decision.

 

Here is the check your web presence needs to deliver:

  • The buying decision journey has changed. Customers are educated and have easier access to information than ever before.
  • What once was a message is now a conversation. It’s ongoing and continuous and needs to available any time anywhere.
  • Word of mouth is stronger than ever. It just happens now on the web.

 

To help you on your journey, Hubspot has just issued a new eBook called “25 Must-Have’s for Your Website”. It’s a great guide and checklist.

 

While the concept of maintaining and investing in a web presence for your business may seem involved and expensive, the reality today is that you can’t afford not to have one. So jump in, take the first step and start building a web presence roadmap for your business.



Marie Wiese is founder of Marketing CoPilot, www.marketingcopilot.com and the author of the eBook, “Why marketing fails... and what you can do about it!” Marketing CoPilot designs and delivers online strategies that help companies find customers and keep customers. Marie is a 20 year veteran of the B2B marketing world, past Chair of the York Technology Alliance in the greater Toronto region and a workshop leader at Regional Innovation Centres (RICs) in Ontario where she teaches early stage companies how to build online lead generation engines that deliver measurable business results.

830 Views 0 Comments Permalink Tags: strategy, 10-99, 100+, 1-9, business, entrepreneur, website, small_business, online_presence
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Over the last ten years I have talked to hundreds of CEOs of small and medium-sized businesses about what works and what doesn’t in building a repeatable lead stream for their business and a marketing engine that delivers measurable business results.  I started to keep track of what CEOs were telling me and devised a list of the attributes of marketing programs that succeed.  My last post was about making the ask – how to use your website to start the buying process. Today we tackle the value of your website.

 

 

Marie_Money.png

 

If you canvassed ten business owners, eight out of ten would have a website or some form of business marker on the web. Few people today would disagree that the most powerful way to reach an audience is online. Whether you sell to consumers or other businesses, the people who buy from you expect to be able to look up your company in a Google search bar.

 

But if you asked those same eight business owners how much time, money and resources they dedicate to their website, the answer would be varied. One might say they update something online every day via social media or a well organized blog strategy.  More than a couple will likely say they haven’t touched their website in over a year and have not done much with since the original investment in building it.

 

Statistically, 98% of buyers, whether shopping for themselves or shopping for their business, start their search online. So if your website is now your receptionist, marketing engine, sales rep and customer service support desk all rolled into one, what is the real value of your website?

 

I pose this question because I hear a lot of groaning and grumbling from business owners when discussing the cost of building and maintaining a website.

 

So what is the real value of a website?

 

Assuming your website at the very least contains:

  • A representation of your brand
  • A description of your company
  • A way to contact your company
  • A detailed explanation of why you should buy from your company and not the competition

 

Assign a value of $10,000 if you have all of the above.

 

  • add $30,000 if your site provides a way to interact with your company such as a download, form, quote tool or mechanism other than a number to call
  • add $20,000 if your site uses email marketing to push out content such as press releases, blogs or newsletters to alert people to new product or services at your company
  • add $40,000 if you are actively alerting people via social media, group couponing, directories, portals or other places online on a weekly basis.

 

TOTAL = $100,000

 

 

Here’s the Rationale:

 

  1. If you were to hire a designer to build you a glossy 20 page, eight by ten corporate brochure complete with copy writing, photography, printed 1,000 and distributed them across the geographic territory you serve monthly, you would likely pay much more than $10,000. But your website is performing that same function and working much harder for you from a distribution perspective. The average website receives 1,000 visitors per month and is open for those visitors 24 hours a day, seven days a week. Brochures, flyers and pamphlets cannot compare to the reach of today’s website.
  2. Using your website as a way to contact your company and interact with your business is the equivalent of a full time receptionist and part time sales rep. Offering sophisticated ways to connect with your company online including tracking and analyzing content popularity and time on page, is an excellent way to gage how well people understand your company and what you do.
  3. If you are also using your website and web presence as a way to push out content and connect with unknown prospects looking for your products or services, you are building a lead generation engine for your business that would cost much more to build and provide lower ROI. Telemarketing, direct mail, print advertising and other traditional forms of marketing cost much more in terms time, money and resources and are producing poorer results across the board.
  4. If you are finding other places on the web to go and actively network online and drive traffic back to your website, this is the equivalent of about three people in your company out annually networking and trying to connect with prospects. The real cost of this effort is one that doesn’t get tracked at many companies but it’s costly and doesn’t help the business scale.

 

You need to look at your website as an employee: an employee who is there 24 hours a day, seven days a week and working hard for you. How much would you invest in an employee like this?

 

Even if you are a business that doesn’t have sales reps, support staff or marketing material, there is still a hard cost to keeping your doors open and selling something. The things you are doing today to support the sale of your product or service can be supported more effectively with a well organized website and detailed online strategy.

 

If you are a business with more than one million dollars in sales, you should be spending at least 5% of your annual revenue on the resources and costs associated with an online strategy for your business. You may have to stop doing other things with respect to sales and marketing but over the long run, I guarantee the results will be better and the return on investment greater.

 

In the next couple of posts will be providing the framework to help you design your online strategy, but if you haven’t already done so, take inventory of your current approach of selling to customers and interacting with them. Create a realistic budget of the costs associated with finding customers, getting them into the sales cycle and supporting them after they have bought from you. Think about how any of these activities get supported through your website and if you have invested the right amount of time, money and resources.

 

Whether you like it or not, today’s reality is that people are looking for you online. You can ignore this business fact or you can think about the real value of your website… pure gold.

 

 

Marie Wiese is founder of Marketing CoPilot, www.marketingcopilot.com and the author of the eBook, “Why marketing fails... and what you can do about it!” Marketing CoPilot designs and delivers online strategies that help companies find customers and keep customers. Marie is a 20 year veteran of the B2B marketing world, past Chair of the York Technology Alliance in the greater Toronto region and a workshop leader at Regional Innovation Centres (RICs) in Ontario where she teaches early stage companies how to build online lead generation engines that deliver measurable business results.

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0

Making the Ask!

Posted by Marie.Wiese Sep 2, 2011

Over the last ten years I have talked to hundreds of CEOs of small and medium-sized businesses about what works and what doesn’t in building a repeatable lead stream for their business and a marketing engine that delivers measurable business results.  I started to keep track of what CEOs were telling me and devised a list of the attributes of marketing programs that succeed.  My last post was about breaking down the brand myth – what is a brand and why do companies need one. Following on this theme, the next attribute of a marketing plan that works is making sure every marketing tactic you undertake has a call to action.

 

 

When I was a Girl Guide, the time of year I dreaded most was cookie season. I disliked asking people to buy cookies. I disliked going door-to-door. I even disliked asking my relatives. The whole process was not only foreign to me, but it filled me with dread and fear.

 

I think many of the business owners I meet today must have had a similar experience with sales growing up, because when I go to their websites to check out their companies, I have noticed that everyone seems afraid to “make the ask”.

 

 

Guy_Marie.png

 

When I land on a website, I want to know immediately what I can do there and why I should do it. For companies that sell products or services in the business-to-business category, this continues to be a challenge and problem for most websites. The majority of websites fail to clearly state, “this is what I want you to do on my website.” And offering up a “contact us” button doesn’t count.

 

Get the Facts…

 

If I use Google Analytics as a bench mark for the length of time visitors spend on a website, the average site visit is one minute, 36 seconds. The average home page visit is eight seconds. If you can’t articulate in 10 seconds or less, what you can do on a website and why someone should do it, you might as well print brochures and hand them out on the street because the results will be exactly the same – 99.9% will end up in the trash. Many website designs are so cluttered they make it hard to understand the core message of the site. Here are three questions you need to ask yourself about your website with your visitor clearly in mind:

 

  1. What do you want them to know?
  2. How do you want them to feel?
  3. What do you want them to do?

 

You need to know what the point is you want to make, make it painfully obvious, and then create action points that convert the visitor forward towards buying from you. Or encourage them to leave quickly because they are not a prospect.

 

Your website is a vehicle for you to deliver a message that is focused, clear, and brief. The idea is to stimulate their interest and encourage them to raise their hand and ask for more information in an unassisted way. Those conversion points can be many things. The trick is matching the conversion points to the stages of the buying process so that you can gauge interest. Here a great example to demonstrate the power of “making the ask":

 

  • I land on a website.
  • Your website asks, “can I help you?” by offering up content on a business problem I have.
  • I say no, “just browsing” but clicking on things on your site.
  • Your website says, “then may I point you directly to our content on solving the business problem in one easy click with a downloadable whitepaper on 10 easy steps to solving your problem” by making this a painfully obvious big button in the top right corner of every web page.
  • I say, “yes that’s great. I can download now and read at a later date.”
  • Your website says, “just give me your email address and I will follow up with you.”
  • I say, “here’s my email address but not my phone number because I am not ready to speak directly with you yet.”
  • Your website says, “great, then let me put you on a mailing list and I will keep in touch until you are ready to talk in more detail.”

 

These conversion points are all actionable on your website and it tells me very clearly what you want me as a visitor to do. More importantly, as a marketing consultant, I can track, measure and monitor your interest.

 

It’s a simple question and one that most websites fail to answer in a direct and simple way. This is a common mistake with many marketing tactics. We talk about our companies in brochures, at trade shows and with prospects but often forget to offer an obvious next step whether it’s distributing a link to a landing page on a specific topic or capturing a name on a website. Whenever you provide anything to anyone, think about the next step and don’t be like me during cookie season. Make the ask!

 


Marie Wiese of Marketing CoPilot can be found online at www.marketingcopilot.com and is the author of the eBook, “Why marketing fails... and what you can do about it!” “Remarkable Brand” is Chapter 4 of the eBook and the fourth attribute of a marketing plan that works. You can follow her on Twitter @mariewiese. Marketing CoPilot fills the marketing void for companies committed to building marketing that works. Marie is a 20 year veteran of the B2B marketing world and is currently the Chair of the Board of the York Technology Alliance in the greater Toronto region where she gets to interact with all types of businesses every day.

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3

Breaking Down the Brand Myth

Posted by Marie.Wiese Aug 19, 2011

Over the last ten years I have talked to hundreds of CEOs of small and medium-sized businesses about what works and what doesn’t in building a repeatable lead stream for their business and a marketing engine that delivers measurable business results.  I started to keep track of what CEOs were telling me and devised a list of the attributes of marketing programs that succeed.  My last post talked about singular focus as the cornerstone of a marketing program that succeeds in helping you deliver business results. Following on this theme, the next attribute of a marketing plan that works is building a strong brand around that focus.

 

 

For many small business owners, it seems there is no word that frustrates them more than when marketers use the word “brand”. The word gets tossed around like the penultimate marketing goal. Business owners seem to feel that how you develop a brand is cloaked in secrecy, and being a brand expert is part of a special sect in the marketing world.

 

I firmly believe your brand, (otherwise known as the way you communicate your business in the market place) is the single most powerful tool in the small business arsenal. But let me take a moment and break it down for people in terms of what it really means for your business and why you should leverage your brand everywhere in everything you do.

 

The Definition of Brand

 

A strong brand strategy gives you a major edge in an increasingly competitive market.  Your brand is your promise to:

  • Your clients
  • Your staff
  • The industry you serve

 

It tells them what they can expect from your products and services and it differentiates your offering from your competitors. Your brand is derived from who you are, who you want to be and who people perceive you to be.

 

 

Marie_brand.png

 

Here’s where people get branding wrong:

  1. Your brand is not a logo. It’s the tone, manner, visual image and the overall presentation of your business to the marketplace.
  2. Your brand should be a reflection of your clients and the attributes of your ideal customer.
  3. Your brand is not about you or what you think is cool, pretty or good. It should be about how well prospects will immediately connect with your company and see themselves reflected in the way you present yourself.

 

Here’s the only thing that matters….It is measured by what people think of you and who they perceive you to be.

 

To make a brand successful, you have to incorporate a lot of things. Take a moment and think about your brand in these terms:

  • Uniqueness – Does your name, logo, colors, tone, etc. set you apart in the marketplace?
  • Recognition – Is the logo and name easy to recognize and explain what you do?
  • Memorable – Does the name and logo grab your attention? Is it easy to remember?
  • Descriptive Value – How well does it convey what the organization does and its services?
  • Visual Tone - Is the tonality of the logo appropriate for the target audience?
  • Adaptability – Can the logo be extended to multiple applications? Can it be easily produced in a variety of sizes and contexts?
  • Timelessness – Is the name and logo able to transcend trends? Is it able to portray the company into the future as it evolves and expands?
  • Associations – Can the logo be associated with ideas and objects that work with the identity as the company evolves?

 

Brand Objectives

 

Brand objectives should be universal for any company. If you are not achieving the following objectives, you are spending time and money on the wrong activities that will not drive value to your business.  Branding should:

 

1.    Accelerate sales success.
2.    Clarify and differentiate your message and positioning in an increasingly competitive marketplace.
3.    Communicate why you are the best solution in the marketplace for your target market.

 

Brand Personality

 

Your brand personality should represent the user of your product or service (not the personality of the people in your company). It needs to evoke emotion and create a reaction when prospects look at your marketing material.  Brand personality addresses:

  • Corporate Goals (practical goals) of the end user.  “Here is what I “get” when I am done working with this company”.
  • Personal Goals (emotional goals) of the end user.  “I think I could work with these people; they share my values and I could learn from them”.

 

Defining Your Brand


It’s really important that as you work towards leveraging the strength of your brand in your marketing program that you put edges around it. We can all think of brands that stick out in our mind and we have lots of really poor ones, no doubt. Here’s a quick example of how you might define your brand:

 

 

Marie_table.bmp

 

The “should be” column is a direct reflection of your customer. The “should not be” column could be a reflection of your competition. Whatever edges you choose, pick some and start developing a brand for your business. It speaks volumes in attracting the right customers to your business and is one of the best investments you will ever make.

 

 

Marie Wiese of Marketing CoPilot can be found online at www.marketingcopilot.com and is the author of the eBook, “Why marketing fails... and what you can do about it!” “Brand” is Chapter 4 of the eBook. You can follow her on Twitter @mariewiese. Marketing CoPilot fills the marketing void for companies committed to building marketing that works. Marie is a 20 year veteran of the B2B marketing world and is currently the Chair of the Board of the York Technology Alliance in the greater Toronto region where she gets to interact with all types of businesses every day.

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0

Over the last ten years I have talked to hundreds of CEOs of small and medium-sized businesses in the Business-to-Business (B2B) sector about what works and what doesn’t in building a repeatable lead stream for their business and a marketing engine that delivers measurable business results.  I started to keep track of what CEOs were telling me and devised a list of the attributes of marketing programs that succeed.  My last post talked about how you would rate your website and whether it is helping or hurting your sales process.  Today’s post is about the importance of singular focus as the cornerstone of a marketing program that succeeds in helping you deliver business results.

 

 

Target.png

 

Take a moment and think about the people you knew in school. I’ll bet there were kids that you remember as being:

  • The smartest
  • The funniest
  • The most athletic
  • The tallest
  • The meanest

 

You get the idea. There were kids that stood for something. Likely one thing and it stuck. If they were tallest, they likely got picked for the basketball team. If they were the funniest, the teacher was likely asking them to pipe down.

 

Now think of companies that stand out in your mind. They likely stand out because of attributes you associate with them:

 

  • The cheapest
  • The best service
  • The best quality product
  • The only one that sells something in blue

 

Now think about how the things you talk about when promoting your company’s product or services. How focused is your approach to what you do and why people should buy from you? Listing everything under the sun on your website or in marketing material is hurting your customer’s ability to choose. People want less choice, not more, and a singular focus helps you win.

 

 

Number1.png

 

Here’s why your business needs singular focus….
   
1.    A multi-product, multi-strategy approach stretches already limited resources and means you end up with poor results.
2.    Helps you gain a position on the web that you can test with an audience you wouldn’t otherwise have.
3.    Allows you anchor your message to a single theme that you can test to see if it scales.

 

If you are still struggling with the best way to create singular focus for your business, consider this recent blog post by renowned marketer and bestselling author, Seth Godin, Delivering on Never.

 

If you start by choosing something you can commit to never doing in your business, it is a good way to position yourself and create differentiation from the competition.

 

If you still are not convinced about the power of a singular focus in marketing, consider this. Just trying lots of things to see what sticks is like throwing spaghetti at a wall.

 

  • You can’t measure it because you are never sure what you are measuring and what the outcome is
  • It looks messy and unappealing to your ideal customer

 

The most productive marketing programs are rigorous, highly analytical, strategic, and pragmatic.

 

The reason so many business owners fail to create focus in their business, is because it’s easier to say anything and be everything. But focus will improve your lead generation because the right customers understand immediately why they should buy from you and you make it easy for them.

 

Here’s a useful test: go online and do a search on a business solution or problem you need to fix in your business. Select the first three search returns that come up and view the sites with respect to many messages versus one. I guarantee the company that makes it easy to understand what they do really well will either make you start the buying process with them immediately, or you will move on. Either way you have shortened the sales cycle and saved yourself and the company time.

 

Do one thing really well and use it as the cornerstone for your marketing program and you will succeed.

 


Marie Wiese of Marketing CoPilot can be found online at www.marketingcopilot.com and is the author of the eBook, “Why marketing fails... and what you can do about it!” You can follow her on Twitter @mariewiese. Marketing CoPilot fills the marketing void for companies committed to building marketing that works. Marie is a 20 year veteran of the B2B marketing world and is currently the Chair of the Board of the York Technology Alliance in the greater Toronto region where she gets to interact with all types of businesses every day.

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0

Over the last ten years I have talked to hundreds of CEOs of small and medium-sized businesses in the Business-to-Business (B2B) sector about what works and what doesn’t in building a repeatable lead stream for their business and a marketing engine that delivers measurable business results.  I started to keep track of what CEOs were telling me and devised a list of the attributes of marketing programs that succeed.  My last post talked about the importance of customer understanding and how this information gets used to build marketing programs that succeed.  Today’s post is about the value of strong web presence for your business.

 

 

Paul Timoteo of Car Cost Canada started his business in 1999 but didn’t gain significant market share until he decided to harness the power of an online strategy for his business. Today, he has 28 full time employees and 130,000 paid subscribers. It’s a pretty savvy business model in a cluttered and competitive market segment.  His advice to other entrepreneurs with respect to a strong web presence is timely.

 

“We were enjoying steady growth but about four years ago I figured we could be better if I could just figure out this whole Internet thing.”


What grade would you give your web presence? Does it support your business objectives? Would it pass or fail as a consistent lead generation engine that delivers measurable business results?


There has never been a better time than right now to take stock. Your current website and web presence do not have to fail but in order for it to pass, you need to view it as more than a corporate bookmark on the web.


We have developed a quick scorecard to help you assess your corporate web presence.


Score the following statements on a scale of 1 to 10, with 1 being “poor/never” and 10 being “always/outstanding”.

 

  1. I have Google Analytics (or another analytics package) running on my site and check it weekly to understand who is coming to my website, what they view and how long they stay.
  2. I update my website weekly with new content that is optimized for the keywords I know my customers are searching on.
  3. I spend the same time on my web presence than I do on other sales and marketing activities in my business like trade shows, networking, telemarketing or sales prospecting.
  4. I have signed up for at least one social media tool like Linked In and use it weekly with respect to updating my profile and seeing who is connecting with me and looking at my profile.
  5. I have made a 12 month commitment to building my web presence and realize that, like all things that deliver measurable results, doing something once will not pay off. Web presence activities are part of our monthly execution plan.

 

 

Scorecard.png

 

20 or less – Total up the numbers from each answer and if you scored less than 20, you are likely not harnessing the power of what a strong web presence can do for your business.

 

20-30 - You are getting it but you should dig deeper into what people are doing on your website to understand how to align the buying process of your potential customers with how they interact with you online.


30-40 - You are venturing into rock star territory and have likely realized that a strong web presence for your business does much more than just generate leads. It helps you to nurture relationships in a much better way than traditional marketing tactics and you have likely found new business opportunities via the web.


40 or higher – Your business has taken off. You can’t keep up with the demand.


The questions on the scorecard are important and align with the following reasons:

 

  1. There is data available to you via free tools like Google Analytics that can help you make informed business decisions. Let’s say you are wondering about where your web traffic comes from and whether you're getting found for phrases on the web that prospects who don’t know you would use to find you. This is a whole pool of potential customers that you would never have access to otherwise.
  2. Search engines and human beings both love new content. Search engines like it because it gives them something to crawl and something to rank. Humans like it because they want fresh ideas and to work with companies that are current and timely. If the last press release on your site was posted in June 2009, take it down and drive on.  No one wants to read anything on the web that is three years old (unless you are an historical reference on Wikipedia).
  3. 98% of people searching for a solution to a business problem start their search on a search engine. Forget all of the other marketing tactics and build your web presence. This is a no-brainer.
  4. People like to people watch. This is what social media is about and it’s free. At the very least, a business owner should leverage Linked In. Its professional, a great source of information and its personal. Know who is out there to connect with and see who is looking for you.
  5. Time, commitment and execution are the most important ingredient to harnessing a web presence for your business. It didn’t take a week for your telemarketing strategy to pay off back in 1999 and a sales rep in most industries takes at least 12 months to ramp up. You have to view your website and web presence in exactly the same way.

 

A good marketing program is all about consistency and execution. Always has been – always will.

 

 

Marie Wiese of Marketing CoPilot can be found online at www.marketingcopilot.com and is the author of the eBook, “Why marketing fails... and what you can do about it!” You can follow her on Twitter @mariewiese. Marketing CoPilot fills the marketing void for companies committed to building marketing that works. Marie is a 20 year veteran of the B2B marketing world and is currently the Chair of the Board of the York Technology Alliance in the greater Toronto region where she gets to interact with all types of businesses every day.

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0

Over the last ten years I have talked to hundreds of CEOs of small and medium-sized businesses in the Business-to-Business (B2B) sector about what works and what doesn’t in building a repeatable lead stream for their business and a marketing engine that delivers measurable business results.  I started to keep track of what CEOs were telling me and devised a list of the attributes of marketing programs that succeed.  My last post talked about why marketing is of vital importance to today’s small business owner.  Today’s post is about understanding your customer and why they buy from you.

 

 

Thank goodness for all of the small business owners who are helping fuel the Canadian economy. These heroes start with a vision. An entrepreneur somewhere wants to fix a problem or offer a solution and the journey begins.  Over time, this journey hits the usual speed bumps:


• Selling the vision of the product or service
• Finding Customers
• Growing the business
• Keeping customers

 

 

The typical early stage company relies on sales wins to build their customer base. As the business lifecycle evolves, the marketplace provides feedback about the product or service and the business grows.

 

 

Then a strange thing happens!

 

A gap starts to develop between what a company thinks it does and what a customer perceives the value to be of the product or service. We call this the Marketing Void. The marketing void occurs because many companies fail to understand why and how their customers buy from them. In turn, they push out marketing tactics that don’t deliver measurable business results because the marketing tactics are not aligned with the buying process of the customer. When you really understand how and why your customer buys from you, you the close the gap between what you do and what your customers believe your value to be.

 

Marketing programs fail because potential customers are confused about why they should buy from you. This happens because we spend too much time talking about what we do and no enough time explaining in our marketing content and tactics about how we help solve problems.

To fix this, we need to walk through and document, step-by-step, what a prospective customer is thinking and doing when they seek a solution to a problem. In order to do this, we first need to identify our ideal customer and map their buying process.

 

An ongoing customer scorecard is a great way to track your customers over time. It can be as simple as the customer scorecard in the book, or more complicated with additional metrics you deem appropriate to your business. The idea being that you can start to draw similarities between your best customers, the problems they are trying to fix and can you use this information to create content and tactics to attract more good customers like them.

 

Customer_Scorecard.png

 

But the fundamental questions a business should be asking themselves every day is this:

 

• Why do customers buy from us versus our competitors?
• How do they buy our product or service?

 

The answers to both of these questions create the foundation for marketing programs that deliver measurable business results. Knowing the steps that a customer is taking to make a decision to buy a product or service like yours is the cornerstone of your marketing success.

 

Many companies struggle with these questions because they confuse Buying with Selling. To truly understand your customer, you must look at the buying process which is about them. Your selling process is about you. To do this properly, a business needs to focus on the customer.

 

Here are three important steps to help you document the buying process:

 

  1. Remove the assumptions. Don’t assume you know why a customer initiated their search – ask them (and ask them what they searched on in Google).
  2. Remove the product bias. Don’t map the process based on what your product or service does. Map it based on the problem you are solving.
  3. Forget about competitors. Think instead of alternatives. How else could a potential customer solve this problem and how does my product or service address that? By thinking through alternatives, you will be better positioned to describe your ultimate value.

 

Intimate customer understanding is what separates a good marketing program from one that delivers minimal business results.

 

 

Marie Wiese of Marketing CoPilot can be found online at www.marketingcopilot.com and is the author of the eBook, “Why marketing fails... and what you can do about it!” You can follow her on Twitter @mariewiese. Marketing CoPilot fills the marketing void for companies committed to building marketing that works. Marie is a 20 year veteran of the B2B marketing world and is currently the Chair of the Board of the York Technology Alliance in the greater Toronto region where she gets to interact with all types of businesses every day.

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0

Over the last ten years I have talked to hundreds of CEOs of small and medium-sized businesses in the Business-to-Business (B2B) sector about what works and what doesn’t in building a repeatable lead stream for their business and a marketing engine that delivers measurable business results. For a long time I kept hearing about:

 

 

  • Tactics that failed
  • Marketing managers that failed
  • Websites that failed

 

 

So I started to keep track of what CEOs were telling me and devised a list of the attributes of marketing programs that succeed. TelusTalksBusiness has been kind enough to give me a 12 part series to discuss each of the attributes and offer a field guide to help entrepreneurs tackle the marketing within their businesses.


Over the coming weeks we will be discussing via this blog post:

 

  • The importance of a strong value proposition for your business
  • How to map your customer’s buying process to marketing tactics
  • How to build an online engine that delivers leads to your company
  • How to budget for marketing in your business and get the right leadership


Why is marketing of vital importance to today’s small business owner?


Look around you. No matter the size of your business, big or small, new or old, competition is fierce and instantaneous. Companies that fail to answer the question, “why should I buy from you? in a clear and compelling way, find their market share getting smaller and smaller and new business harder to come by.


The ground has shifted significantly for companies trying to grow and compete. As marketing tactics have become more complex, the average CEO has gotten more confused and frustrated. The trap is thinking this is because of the complexity of online marketing and new online tools. Don’t fall into this trap! While complexity is due in part to clutter, confusion and an overabundance of choice, which the internet has produced, the real reason marketing fails is because CEOs and marketing professionals don’t take the time to understand the foundation of marketing success.


The first step to creating marketing programs that succeed, is a compelling and clearly stated value proposition. A value proposition is your deal closer. It explains to people why they should buy from you. The clearer you make the statement, the easier it is for someone to make the decision. If you would like to get a jump start on figuring this out for your business, we invite you to download Chapter of One of the eBook Why marketing fails... and what you can do about it. In this chapter we review how to look at your product or service from the perspective of your customer and how to identify value statements for the sales and marketing dialogue that is the foundation for marketing success.

 

 

Maybe your story sounds like this?


Back in 1999, I was working for a software company that had raised a lot of money from venture capitalists to build out their business plan and attempt to achieve spectacular revenue results that would please shareholders and create an exit strategy for the founders. As vice president of marketing, I had a budget, a working product and paying customers to work with, but the marketing plan we executed in support of the business plan was a bomb.

 

 

What went wrong?


Aside from the perfect storm of bad market conditions, there were some fundamentals missing in the business:


1. Lack of value proposition – we didn’t document why our customers were buying
2. Lack of focus – we were trying to be all things to all people to make a sale
3. Lack of brand – customers didn’t see themselves reflected in the way we presented ourselves in the market
4. Lack of consistency – we’d try something once and then drop it
5. Lack of delivery of repeatable value – every customer project was complex and customized, so it was tough to scale

 

 

As a result, our marketing program did not deliver measurable business results. In 2002, I walked away from the experience determined to do something about. I studied the problem, talked to lots of CEO’s and began testing. Stay tuned in the coming weeks as we go step by step through developing the marketing foundation for your business that will take you through any economy and help you grow your business.

 

 

Marie Wiese of Marketing CoPilot can be found online at www.marketingcopilot.com. You can follow her on Twitter @mariewiese. Marketing CoPilot fills the marketing void for companies committed to building marketing that works. Marie is a 20 year veteran of the B2B marketing world and is currently the Chair of the Board of the York Technology Alliance in the greater Toronto region where she gets to interact with small and medium sized businesses every day.

 

 

 

 

 





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Last month, Telus talked to business customers at events celebrating Small Business Month, and held a contest in which participants were offered the opportunity to have some of their biggest business challenges addressed by leading business consultants. Today they've asked me to respond to a question from Bernard Magnan, an entrepreneur in Edmonton, Alberta, who asked "How do I manage my business growth?"

 

Great question! Here’s a three-step answer.

 

Step One: Take a sheet of paper and draw what you want your business to look like in three years. In case you paused on the word draw, I literally mean draw it. Draw a picture showing size, scope, geographic locations, services, product, time you spend in it, etc. When you visualize what you are working towards, it makes managing business growth much easier. You’ll make better decisions and you will know when you are “off-picture.” Put it on the wall where you can look at it every day.

 

 

Step Two: Identify what you like best:


1. Working on the business.
2. Working in the business.
3. Managing the business.

 

Many times we are so busy working in the business, we don’t take time to see where the business is headed and if we want to go there. During time of explosive growth, we are so busy doing, we might be missing opportunities or worse, don’t see things that need to be fixed in order to scale for the next level of growth. Michael Gerber, who wrote the legendary book, E-Myth states, that anyone starting or building a business needs to be:


• One part entrepreneur (working on the business)
• One part technician (working in the business)
• One part manager (managing the business).


If one of those personality traits is stronger than another, then managing growth in your business becomes a risk. If you are more the “ideas and vision” person, then growth will depend on strong managers and technicians to deliver the business.

 

Make sure you clearly understand how this will get delivered. Poor execution, for example, means lots of customers buy this year but not many next year if they were frustrated with your lack of delivery. If you are currently wearing all three hats in your business, your time must be divided across all three disciplines in order to grow your business. If you are more one trait than another, you need to recognize this quickly and find the right resources to fill in the gaps.

 

 

Step Three: Document how your business works.

 

Creating process in your business is essential to managing and scaling a business. If you are the technician in your business (doer) and executing the work comes naturally to you, lack of process means you will never be able to bring anyone else into the business. When a small little hamburger stand started out in the 1960’s called McDonald’s, their vision was not to sell hamburgers. Their vision was to automate the process of selling hamburgers so that it wasn’t a custom job every time. By automating the process they could grow and manage the business. If you look after dogs for a living, document what happens on a daily basis to do that. List the rules and regulations you abide by. This will allow you to take on more staff that can follow the rules and allows you to deliver a consistent experience every time. Without a process, you will be trapped in managing the business and then growth and delivery become difficult.

 

Today’s business owner has it tough. Competition is fierce and instantaneous. The internet has made it possible for customers to find anything they want, when they want it. Your business growth depends on this tried and true three step process.

 

Marie Wiese of Marketing CoPilot can be found online at www.marketingcopilot.com, @mariewiese or www.linkedin.com/in/managedmarketingservices. Marketing CoPilot builds integrated marketing processes tied to strategic business goals and measured in their contribution to business results. Marie is a 20 year veteran of the B2B marketing world and is currently the Chair of the Board of the York Technology Alliance in the greater Toronto region where she gets to interact with small and medium sized businesses every day.

 

Leave a comment and share your tricks of the trade or best advice on managing growth.

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Last month, Telus talked to business customers from at a series of events celebrating Small Business Month and held a contest in which participants were offered the opportunity to have some of their  biggest business challenges addressed by leading business consultants. They’ve asked me to answer today’s winning question that comes from Ava Hughes in Calgary, Alberta, the owner/operator of Toastee Tote (www.toasteetote.com): “How do I draw potential customers to my newly launched website?”

 

 

Anyone who has built a website for their company knows how much work it takes to launch a new site. Unfortunately, once the site is “live”, your work has really only just started. Unlike Field of Dreams, if you build it, they don’t automatically come. That’s the bad news.

 

 

Here’s the good news….

 

 

With a little planning, testing and sweat equity, there have never been better tools and techniques to drive potential new customers to your website and your business. We work with clients everyday to build online strategies that can be consistently executed on a monthly basis to get results.

 

 

Here is our proven methodology.

 

  1. Create messages and themes that your customers care about that you can share online.
  2. Develop an online strategy to push out content via social media, blogs, press releases, email marketing, etc.
  3. Build a monthly, process-oriented RoadMap that allows you to push customer centric content to the marketplace to track and measure the results.

 

 

Result: When you create rich content that you share via email marketing, blogs, social media, or other online tactics, you create something for Google to find and index on a weekly basis. When Google finds this content and returns it in a search return when someone searches for your business product or service, you are going to be found. The closer you are to Page One, the better your chances of people clicking on your website and going to see what it’s all about.

 

 

Simply put, organic search engine optimization, as opposed to paid advertising is clicked on 70% of the time by customers versus 30% for paid advertising. You need a strong search engine strategy to support your website. To do that requires content that search engines can find and content that people care about. I have created a simple Roadmap to get you started.

 

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If you want a simple RoadMap to help with you this process, go to our website and download the guide to developing a Web Presence RaodMap for your business. http://www.marketingcopilot.com/about/web-presence-roadmap-form/.  This workbook will help you develop your own picture for your business.

 

 

Marie Wiese of Marketing CoPilot can be found online at www.marketingcopilot.com, @mariewiese or www.linkedin.com/in/managedmarketingservices. Marketing CoPilot builds integrated marketing processes tied to strategic business goals and measured in their contribution to business results. Marie is a 20 year veteran of the B2B marketing world and is currently the Chair of the Board of the York Technology Alliance in the greater Toronto region where she gets to interact with small and medium sized businesses every day.

 

Share your tricks of the trade or best advice in how to drive viewers to your website by leaving a comment.

1,006 Views 0 Comments Permalink Tags: strategy, 10-99, 100+, 1-9, business, tips, social_media, entrepreneur, small_business, small_business_month, marie_wiese
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