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Posts Tagged ‘Marketing’

Marketing-advertising shift signals need for content Tuesday, March 16th, 2010

In an interview with Zazoo published this week on the HotHouse blog, Econsultancy vice president Rebecca Lieb observed that the Internet is bringing about a fundamental shift in power within companies from advertising to marketing.

She says that “not only has online search technology made it simple for customers to connect with businesses, the evidence shows that most searchers are going straight to a company’s website for more information about their products. In other words, it’s not advertising driving people to your business online, it’s search.”

Companies, she says, need to shift their thinking from an emphasis on advertising to an emphasis on marketing and content creation. That means there’s “lots more media to play with. And it’s free – but that doesn’t mean you can mess with it.”

In the digital age, she says, you need a long-term perpetual strategy. To be able to successfully develop and execute a perpetual strategy, according to Rebecca, “You need to think like an editor.”

“Brands are not just businesses,” Rebecca says, they’re now media companies.”

An excerpt from the story:

“…traditional media based their business model on a (mostly) clear separation between advertising and content. What happens when the ‘advertiser’ is also the content provider?

“In the digital context, according to Rebecca Lieb, ‘Being authoritative is more important than being objective – though transparency and disclosure are incredibly important.

“’If, for example, you’re a sporting goods company and you publish information on your site about mountain climbing. That information can be entertaining. The information is not invalid, as long as you know where it’s coming from.’

“Rebecca concludes: ‘The rules aren’t different; it’s the channels that are shifting.’”

Are you ready to act like a publisher with your website and social media program?


Digital content: What customers want Thursday, February 25th, 2010

There may be a disconnect between the types of online content that customers want and the types that marketers think they want, according to a recently-published survey.

Marketing Sherpa and IDG Connect asked both marketers and buyers what types of offers would be increase the likelihood of clickthrough, and there were some sizable differences between the two groups. Marketers placed more weight on the impact of educational content (92%) and free research reports (86%) than buyers did (65% and 64%, respectively).

Marketing Sherpa reported that “While educational content, such as whitepapers or relevant industry research reports have their place, sending too many of these offers can further diminish their impact in buyers’ eyes. You need to create the right mix of offers, timed to stages of the buying cycle and contact role, to encourage continued interaction with your email messages.”

The survey revealed that buyers are receptive to receiving industry news and articles from vendor sources (84%), but only 73% of marketers felt the same way.

Marketing Sherpa recommended that marketers ”consider developing competitive comparison tools or guides to help prospects manage the buying process. Although more marketers than buyers said these tools increased their likelihood of a click, buyers still ranked comparisons and buying guides third on this list.

“….It’s difficult for a vendor to present a competitive comparison in an unbiased way, but at the very least you can provide a framework for doing competitive comparison.”

The survey asked how much more likely recipients were to click on certain types of offers. Surprisingly, buyers gave the highest rank to promotional content.

According to IDG Connect VP Bob Johnson, “Buyers want to see your promotional content. They need to understand what you do as a vendor, and need details about what your products and services offer.”

However, you can’t try to pass off promotional content as educational content. “That angers and frustrates them,” says Johnson.

Email body copy is another area in which marketers can provide more value for subscribers.

When asked which features would make vendor emails more useful, buyers ranked “highlight key words and points” (using bold fonts and hotlinks) third out of 12 options - more valuable than social media links, and more valuable than graphic imagery.

Ray Welling, Content Guy, Zazoo


Prediction for 2010: embrace video or become invisible Sunday, January 10th, 2010

Daniel Flamberg, managing director of marketing agency Booster Rocket, published his predictions for interactive strategies for 2010 on iMedia.com this week. One of them was about the growing use of online video for business. He wrote: 

“Video is the meme of choice online. It seems that everyone has and uses a video camera to upload all kinds of content online. In 2010, if you can’t be found on YouTube and its competitors, you will be invisible. (my emphasis) Look for considerable competition among sites vying to rank second. Watch vertical video sites attempt to increase their visibility, if not their utility or viewership.

“….Also look for new ways to emerge to tell stories in video. There appears to be a very broad tolerance for homemade videos and video with very modest production value. Videos will be shorter and better tagged. Many will be clickable, and some brands will try to create (or re-create) a branded online serial aimed at their psycho-demographic target. The Holy Grail is still the video that achieves altitude and is virally passed to zillions around the world.”

As more companies realise the importance of Internet content to sustaining their business, more and more will turn to low-cost video content for their websites.


In praise of online text Monday, November 9th, 2009

Jonathan Salem Baskin, who was the subject of the most recent podcast we produced for HotHouse, has written an insightful post about the continuing importance of text in online communication on his blog. 

“If video killed the radio star, wasn’t video supposed to obliterate text?” he wrote. “It hasn’t. Not even close. Who would have thought that 2009 would witness instead the continued resurgence of the written word?

“As opposed to video, text is a ‘hot medium,’ if you buy into Marshall McLuhan’s theories about media (and I do, for the most part). Even when viewed online, words engage a single sense, and thereby establish a direct connection that is richer in specific information and meaning than more participatory, or ‘cool’ multimedia experiences.

He goes on to ask: ”Why do businesses use words so poorly?

“Maybe because words seem free when compared with the cost of producing a video or sound file. Perhaps because social media conversations are so fast and frequent that specific word choices seem less important. One of my pet peeves is that we still use words to satisfy ourselves; we talk to our aspirations for our brands, and not to make those direct connections to readers.

“I think the year proved that what companies say matters, whether as the inputs into social media, or as the tool by which they make those direct connections with their consumers. But it has to be accurate, honest, and credible. It’s harder to get away with a lie when it’s literally spelled out; conversely, if we use words to state truths (and avoid all of the nuances that distract or lessen them), then text is a powerful tool that transports across technology platforms, and works with all age groups.

“I believe that 2010 will give us great and useful opportunities to use video and other media to communicate with our customers, but I suggest that there’ll be even more, better, easier, and more cost-effective chances to wring more impact and value out of the lowly, simple, written word.”

Use of video is growing quickly, but there are some things that will always work best in text format.

Ray Welling, Content Guy


It all starts - or stops - at the top Tuesday, January 6th, 2009

I’ve come across an interesting blog-versation about CEOs who just don’t ‘get it’ when it comes to digital marketing. Mayra Ruiz started the conversation on her Marketing Misfit blog when she asked for some advice about how to deal with a client who wants to turn his website back into a brochureware site, supported by offline-only marketing, because his company’s sales are down and he believes his website isn’t helping. As Mayra explains, the sales problem could have something to do with a change in his sales team. Anyway, she asked for advice via her blog and Twitter, and she’s received plenty of good advice about convincing a CEO to stick with digital. Here are some highlights:

Kari Rippetoe at the Caffeinated Blog writes: “It seems to me that the CEO has the mindset that his product in all its feature-laden glory should be valuable enough for his visitors.  Now, I haven’t seen the website myself, so I don’t know how the product is described; but none of his prospective customers are going to care enough about his product to visit the site more than a couple of times…. Why doesn’t the CEO want his website to be one of those go-to places for research and data related to his product?  Why doesn’t he want his company to be an authority in its industry?  They have an incredible opportunity to build trust and authority around their product through content - they just have to create an effective content marketing strategy and stick with it…. Prospects have to go through the research phase of the buying funnel - they’re looking for the what, when, where, why, and how and gathering as much information as they can (all that “extra stuff”) in order to draw up a well-researched short-list of options…. Prospects expect a website … Offline marketing efforts won’t be nearly as effective on their own without a tandem online strategy to help keep your sales leads warm.  Kill your website, and I guarantee you’ll be killing your new business.”

Jonathon Betts at the Bettsonian Blog writes: “For a company that is marketing software it would seem a tragedy to discard the opportunity offered by web 2.0 tools. They could be used to support a company’s positioning as dynamic, innovative, tech-savvy and responsive…. This also demonstrates the importance of being able to demonstrate return on investment…. Does the CEO really understand what web 2.0 is really about? …the social media “market” has been characterised by hype and fragmentation. This doesn’t present a clear picture to your average business person. A ‘3 minute guide to social media’ to give non-marketing execs a snapshot of what’s going on would be worthwhile….Implement new channels incrementally rather than going for a big bang/all-or-nothing approach. Starting with a blog requires little or no cash outlay. The results from this will then support further investment decisions.”

My own 2 cents: take a look at the company’s marketing strategy and provide simple illustrations as to how a digital strategy can help achieve marketing/sales goals. If the CEO can’t articulate the marketing strategy, then heaven help the business.


We are all publishers Monday, January 5th, 2009

In the digital age, if you’re a marketer you’re also a publisher. Rebecca Lieb has written a great piece in ClickZ which was republished the other day, and is well worth a read.

She argues that “Marketers have been creating content in all sorts of media in all kinds of channels since the beginning. But now that virtually every brand, manufacturer, service, and product you can think of is online (and likely runs its own Web site), content has blown wide open. Almost anyone involved in any type of online business can no longer hope to survive without a solid content strategy.”

In the 21st century equivalent of custom publishing, big brands such as Budweiser in the US even have their own online TV channel. Lieb writes: “Think of it as the online equivalent of a Disney or Warner Bros. theme park. You know the rides and merchandise are selling you something, but few people care about the church-and-state divide on branded territory.

“….Strong, well thought-out and executed content strategies create rewards for marketers. They go viral. They attract community. They can blow out SEO (search engine optimisation) to epic proportions. Rather than a company’s Web page showing up in organic results, content can generate page after page of relevant results.”

She concludes: “As an editor/marketer hybrid, I may have some bias here, but I’d be hard-pressed to think of a marketing problem that couldn’t be tackled head-on with a solid content strategy.”

Couldn’t agree more.


But wait, there’s more - predictions and wrap-ups Wednesday, December 31st, 2008

A few interesting links to finish the year:

Feel free to add your own, as well. Happy New Year everybody!


Worst ads - some are real stinkers Wednesday, December 24th, 2008

Here’s a link to a list of the worst TV ads of 2008, according to BNET: http://industry.bnet.com/advertising/1000452/bnets-worst-ads-of-2008/

Warning: includes racism, vomiting and fart jokes!


Repeat after me, part II: ROI bad, VRM good Monday, December 8th, 2008

Following on from my post the other day about the problems of using traditional return on investment (ROI) measurements for web activities, I’ve discovered another useful acronym - VRM, or Value Reference Measurement. Lewis Green, writing in the bizsolutionsplus blog, has produced a concise definition of this measurement, developed by the US Federal Chief Information Officers Council in 2002. He quite properly distinguishes it from ROI and suggests VRM, which is measured over a lifetime of sales and relationships, may be more valuable for measuring the impact of social media and social networking than ROI, which is strictly how much money was returned against an investment.

“Don’t say ROI unless you mean it,” he writes. “Instead, use metrics that measure both ROI and Value, and help decision makers understand how they differ and how each grows a business. ROI hits the bottom line; Value hits the top line.”

“Keep in mind that ROI might be either positive or negative, so to avoid what at first glance appears to have been a bad decision, it is smart to also measure Value through intangible benefits such as customer experiences, customer loyalty, and word of mouth to justify any expense. ROI is an important metric, but it needs to be balanced with a rigorous analysis of all the value factors.”

“….When discussing marketing and communications with C-level executives, do not say ROI unless you mean it in dollars and cents. Instead, offer up both ROI and VRM and then you will be speaking your client’s language. Be patient and know what you are talking about.

“Finally, don’t sell tools, sell goals and  strategies to achieve a company’s objectives. Do it in concert with the Marketing, Communications, Sales, and Customer Service departments. Executives and business owners don’t want to buy a tool; they want to buy a plan for success, and they want both ROI and VRM. Some of the tactics (e.g., SM [social media] and SN [social networking]) likely will drive Value more than ROI. Others (e.g., advertising and direct marketing) likely will drive ROI more than Value. Together they will produce dynamic results.”

Social media blogger Peter Kim agrees with Lewis’ assessment, but argues that you need to present ROI measures as well as VRM measures to C-suite executives, writing that “If ROI doesn’t apply to social media marketing, then social media should not be used for marketing.” His views sparked a flurry of comments both supporting and rejecting his position - check out his posting to see them.


Hire a journalist for top content Wednesday, September 17th, 2008

From The HubSpot Internet Marketing blog:

“At the Inbound Marketing Summit last week, marketing guru David Meerman Scott encouraged business owners and marketing executives to ‘hire a journalist’. What was he talking about? More than 10,000 jobs have been cut this year at U.S. newspapers, and Scott sees the ‘dire situation for many reporters and editors as a tremendous opportunity for corporate marketing.’

“Why? Because journalists are trained to write, edit and, above all, tell stories in an even-handed way.

“‘Hiring people trained in journalism sounds like a good idea for marketers - they’ll be getting someone who’s more likely to be comfortable writing for a general audience, simplifying tricky concepts and telling stories,’ says Jon Fortt, a senior writer at Fortune.

“In the new world of inbound marketing, that’s what you need to do. You can’t interrupt potential customers with ‘marketing material’, you have to create rich, interesting content, that attracts people to your web site. You have to create content that’s useful to your customers, not gobbledygook about your product. Having somebody on your team who can do this will set you apart from the competition.”