Monday, April 28, 2014

Building the Main Street of the Past Into Your Modern Business

 
 

For many of us, the idea of the small town is iconic. For some, it embodies the place where they grew up or currently live. For others, it represents more of an ideal than anything based on personal experience. In any case, quintessential small town life presents a business model we all can learn from.

Main Street

Every small town, it seems, has a Main Street -- a place dotted with mom-and-pop shops, each with its own inviting display, encouraging people to stop in and check out their wares. The bakery or candy shop often has samples out front for people to stop by and taste as they walk down the street. The neighborhood grocer knows the patrons by name and has a variety of appealing fruits and vegetables right out front. The local cafe offers places for people to sit outside and engage with others as they pass by.

The 'Main Street' of the Internet

For many people, this real life type of Main Street is just a figment of their imagination or a distant memory of days gone by. Their reality is comprised more of national brands and busy shopping malls. What marketers have increasingly found, however, is that customers find it more appealing to shop on websites that contain many of the popular features of these once commonplace Main Streets than websites that don't. Even though the world has become more interconnected and people are increasingly more accustomed to the hustle of city life, the desire to feel welcomed into a place of business and valued as a customer never goes away.

What businesses can learn from the mom-and-pop shops of the past

The secrets to success for the shops of Main Street continue to work today. The stores of Main Street made every customer feel welcome to stop and check out their place of business right from the street. These welcoming shops would also offer a variety of samples customers could try in order to see if a particular product would work for them.

As you think about your own company, take a close look at your website, physical place of business, and advertising materials. Are each of these designed to encourage customers to see what you have to offer? Do you offer customers incentives such as discounts, free samples, or rewards for using your business?

One of biggest lessons that modern companies can learn from the past, however, is personalization. Main Street business owners took the time to learn the names of their customers and greet them personally when they entered the shop. You should strive to accomplish a similar effect online and off.

Start by keeping careful records of how customers use your website. Responsive sites that can remember what a customer looked at the last time they visited or what they bought in the past tend to encourage more repeat business than those that don't.

Train your in-store representatives to remember what customers say when they enter the shop to provide them with an individualized experience.

Such personalization can even extend to your marketing materials. For example, consider using variable data to personalize your direct mail campaigns and targeted mailings to reach niche buyers who may be interested in the products or services you sell.

While the ultimate Main Street might no longer exist for many people, the desire for finding welcoming shops that remember our names has not gone away. Incorporating as many of these values as possible into your marketing efforts can impress customers and help build relationships around trust and loyalty.

We can help you find ways to express these values in your marketing materials, so reach out to us today!

Wednesday, April 23, 2014

Add Pinterest to Your Marketing Strategies

 

As a savvy business owner, you're probably already using multiple marketing channels -- such as printed media, ads, and social media sites like Facebook and Twitter -- to get the word out about all that your company has to offer. But you may be overlooking one of the most popular and fastest-growing social sites of all: Pinterest.

If you think of Pinterest as simply a place to "pin" cute pictures of your dog or the handmade decorations from your kid's latest birthday party, think again. A 2014 consumer trends report from ShareThis shares a few (very) interesting Pinterest trends that should make any business owner who wants to take advantage of all possible marketing channels stand up and take careful notice, such as:

  • Pinterest users grew by 58 percent in 2013, making it the fastest-growing sharing site, even beating out Facebook and LinkedIn.
  • Pinterest is the third-largest social sharing platform.
  • Sharing on Pinterest has outpaced sharing through e-mail, an especially notable development given that the platform has only been around since 2008.

And if that isn't enough to convince you, consider a 2013 study from Piquora that found that:
  • Pins are 100 times more likely to go "viral" than tweets.
  • The average pin drives $.78 in sales, a number that's on the rise.
  • Pins continue to drive sales for 3.5 months, much longer than Facebook posts or tweets.

Piqued your interest yet? Here's how you can incorporate Pinterest into your print and digital marketing strategies and use this up-and-coming platform to drive traffic to your website, enhance your brand's online image, and boost sales.

Get Verified

First step: Verify your business. Not only does Pinterest's simple verification process prove that you are, indeed, who you say you are (i.e., adds to your trustworthiness), but it also allows you to take full advantage of Pinterest's on-site analytics features. Analytics provide an easy way to track what your customers are looking at and repinning, as well as what's getting repinned from your website. These metrics help your marketing team determine what's working and what needs improvement.

Visual Marketing

Using the right images is key to Pinterest success, so choose your pins carefully. Choose visually striking images that grabs viewers' attention and inspire them to repin. And think twice before using images that include faces; studies find that users are almost 25% more likely to repin a brand-related image if it doesn't include a face. Also of note, users tend to prefer images that are:
  • Colorful
  • Predominantly red, brown, or orange, rather than blue
  • Of medium lightness, rather than very dark or mostly black

On a similar note, keep your pins focused on images you know will appeal to your target audience. One way to figure this out? Use analytics!

Targeting the Audience

Speaking of target audiences, another easy way to figure out exactly who's out there is by doing a bit of sleuthing on those who follow your business. What else are they pinning? What types of content are generating comments and conversation? These trends make it easier to pinpoint your ideal audience.

Another great tool: Following other boards with the same images. Pinterest allows you to "follow" other users that pin the same images on their boards -- and prompt them to follow you, too. Remember, the more you pin, the greater the chances of this happening.

User Friendly

Focus pin content on information that's useful to your target audience. Whether this is an industry infographic, a well-done video presentation, or even a great marketing book that you just finished, providing your audience with content that offers a solution or helps your customers will keep them coming back for more.

Finally, provide easy ways for your users to interact with you. Adding questions to your descriptions fields, such as "What could this be?" or "Have you ever used one of these?" opens up a conversation with your potential clients and helps build brand recognition and loyalty.

Tuesday, April 15, 2014

Honest Abe, A Cherry Tree, and Running a Successful Business

 
 

Quick: Name two of the most popular historic U.S. presidents. The first names that come to mind for most people are George Washington and Abraham Lincoln. These two presidents are well known for their leadership during tumultuous times in American history. But they're also known for their place in American folklore. Specifically, they have both gained reputations for being exceptionally honest.

George Washington and the cherry tree

According to the popular story, young George Washington was playing with his new hatchet when he killed his father's favorite cherry tree. When his father confronted the household about who had hurt the tree, young George quickly confessed, telling his father that he could not tell a lie. His father forgave him, reinforcing the importance of his son's honesty. George Washington carried this lesson about the importance of telling the truth with him the rest of his life.

Honest Abe

Before Abraham Lincoln became involved in politics, he was involved in a number of businesses. He bought a small store, was a lawyer, and served in Congress. In each of these positions, he became known as 'Honest Abe.' Stories abound about young Abe returning a few cents of change or tracking down customers to complete their orders if their requests were mis-measured. He carried this reputation as a reputable businessman with him to the White House.

What these two men can teach us today

Many people couldn't tell you the date the American Civil War ended, when Abraham Lincoln was assassinated, or when George Washington died. Despite these gaps of knowledge, most people would be able to tell you that these men were known for their honesty. Why is that? Because people value honesty in their leaders. They want to be able to trust the people they elect.

This also applies to their business leaders. When customers are looking for companies they want to work with or buy products from, they need to be able to trust that the company will provide them with the quality service they're expecting. They want to trust that the advertising they see is accurate and that if they have any kind of problem, they'll be able to get the situation addressed by a quality customer service team.

How you can show your honesty to potential customers

Since we all know customers are looking for honest businesses, it's important to display this characteristic in all our dealings with customers, especially online. Social media and websites make customer service and customer opinions very public, for all potential customers to see. This makes honesty and quality customer service even more critical.

As a business leader, it's important to monitor the web for discussions about your company to see what people are saying. If customers have legitimate complaints about the quality of service they received, make sure you do everything you can to make it right. This may include issuing refunds, providing coupons, and addressing other concerns.

Similarly, when you come across positive reviews, it's a good idea to send notes of appreciation or coupons to encourage repeat business and as a sign of thanks. Above all, you should strive to be above reproach when it comes to honesty.

People like knowing they can trust their leaders, whether presidents or business owners. Stories abound in the collective consciousness about the honesty of some presidents in particular. When you (and your company) gain the same reputation for honesty, you can also live in the public consciousness as someone worth following; and that's how customers are gained.
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Friday, April 11, 2014

Don't Overlook SMS: Why Your Marketing Strategies Should Incorporate Text Messaging

 
 

Mobile text messaging, also known as SMS (for short message service), may just represent the next frontier in mobile marketing. Why? More than 4 billion people worldwide -- and 75 percent of Americans -- regularly send and receive text messages. With the recent announcement that social media giant Facebook is acquiring WhatsApp -- an SMS platform that allows users to send free text messages on smart phones of all kinds -- texting's popularity isn't likely to decrease anytime soon.

Here's why you should take advantage of this growing market and add SMS to your marketing strategies.

The Power of the Personal

In Internet years, text messaging is a virtual grandfather; after all, the technology has been around for more than 20 years. In fact, it's been around so long that a (mind-blowing) two-thirds of the Earth's population has access to it. Perhaps due to the well-established nature of SMS, many companies have bypassed it as a marketing strategy, probably in their rush to drive customers to the mobile-optimized versions of their websites.

However, as any marketing guru will tell you, customers respond best when a campaign engages them personally. That's where text message marketing comes in. Stats from Techipedia reveal that: 

  • 98 percent of all sent text messages are opened
  • 83 percent of text messages are opened within three minutes
  • SMS marketing campaigns boast response rates of up to 45 percent, as compared to email campaigns, which average a 6 percent response rate

Given these high response rates, using SMS seems like a no-brainer. Just send out a few well-worded messages to leads, and watch the sales grow -- right? Of course, there's a catch.

In order to be successful, text message marketing requires thoughtful implementation.

Effective Implementation of Text Message Marketing

Consider how annoying you (probably) find telemarketing calls, spammy-sounding emails, and all of that other marketing stuff you're constantly bombarded with but didn't sign up for. Same goes for SMS; no one wants to receive random or irrelevant text messages all the time. Add in the fact that some mobile users have to pay for each text message they receive, and the importance of only sending texts to those who've opted in becomes crystal clear. It's all about relevance.

Speaking of relevance, one of the most effective uses of text message marketing is keeping in contact with your existing customers. They've already tried your product or service and decided they like you. SMS offers a cost-effective way to keep in touch. Whether you're announcing a special event, sending a coupon code, or implementing a loyalty program, the judicious use of text messages keeps your company in your customers' consciousness.

SMS can also enhance your customers' experience. Text messages containing reminders, schedules, notices of last-minute availability, and even customer satisfaction surveys provide value to your customers while saving them time and hassles.

Appropriate Uses of SMS Marketing

Here are a few ways to incorporate text messaging into your marketing plan in a way that customers will appreciate.

Promotions and Sales: Send promo codes, coupons, and special event notices. Consider geo-fencing to send offers to opted-in customers when they come near your place of business.

Receipts: Sending receipts makes it easy for customers to keep track of spending.

Surveys: Customers can fill out surveys about their experience, providing you with valuable feedback.

Loyalty Programs: Make it easy for customers to join your loyalty program via text, and get information you need to develop detailed customer profiles that help your marketing strategies.

No matter what you're using SMS for, the key lies in creating an opt-in program and focusing on content that provides value to customers. Text messaging shouldn't be used to generate leads; instead, it should provide relevant information to interested customers.

Thursday, April 3, 2014

Being the Apple of the Industry

When it comes to technology, few companies have enjoyed the branding success of Apple. In certain circles, they've cast themselves as the industry standard. Customers across the country line up for days to be the first to buy their latest products, even if their latest phone has only minor improvements over the previous one. Apple's products are so coveted that many people even overlook the company requiring them to buy special parts or the lack of synchronization with other technologies inherent in some Apple products, just for the opportunity to be part of the Apple community.

The power of the Apple symbol and reputation is something many companies can only hope to one day taste. What makes the power even more incredible is that among the technologically inclined, there is still a debate if Apple products are actually superior to other brands.

So how in the world did Apple manage to control the conversation about technology so completely that users of their devices feel so superior? Perhaps even more importantly, what can you learn from Apple's experience and apply to your own business?

Apple and Innovation

Apple is nearly synonymous with innovation. The company prides itself on being the first to develop a wide range of products. For products that are already in existence, they look for ways to make theirs superior. Being a follower is not in the vocabulary of an Apple designer. Steve Jobs and his business partners were experts at getting people excited. Even if an idea had already been used by other companies, they had a way of making investors and customers feel as though they were getting something new and exciting, and people jumped at the chance.

As a business leader, you should aspire to this same spirit of innovation. Rather than looking and seeing what has made your competitors successful, try instead to see where your competitors still fall short, and capitalize on those differences. Take these weaknesses and use them to drive the industry forward, with your company at the helm.

Apple and Price

There's no denying that Apple products tend to cost more than comparable products from other companies, yet that has not hindered the company's progress. While customers like feeling as though they're getting a good deal, they're more concerned about getting quality and service. An estimated 70 percent of customers would be willing to pay up to 13 percent more if it meant having a more positive customer experience. Apple has fine-tuned the customer experience. Just walk into one of the stores, and watch how carefully the associates acknowledge you, get to know your name, and find out what you're looking for.

The products themselves also define style and elegance. While people might debate whether Apple is the actual industry leader, few would deny that their products do perform well and continue to amaze people with what technology is capable of doing. When companies successfully combine innovation, customer service, and solid products, sometimes a bump in price can actually work in their favor. The higher prices Apple charges only add to the perception that their products are superiorly made.

Whether people love or hate Apple and its products, they cannot deny the influence the company has had on the technology industry. For many, the company represents the pinnacle of branding and controlling an industry conversation. Although only a few companies can so completely dominate their respective industries, all businesses can learn from Apple's business model. Apple offers lessons for even the most seasoned of business professionals looking to improve customer reach. If you're not sure how to go about implementing these ideas, we can help you hone your message and control your brand conversation.