Tag Archives: ROI

Top Marketing Trends for 2011

December 9, 2010

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You’re reading Top Marketing Trends for 2011 from Epiphany Marketing’s Strategic Marketing blog. Subscribe: Email | Facebook | RSS.

Looking ahead to 2011Today we’re beginning a series on the stuff you need to be paying attention to as we head into 2011.

“What?! We’re in the middle of the holiday season… Christmas is still weeks away!”

Yeah… I know. And you’re probably not quite too late to begin thinking about what your 2011 strategy looks like, but you can’t afford to wait any further.

Begin at the Very Beginning

So… speaking of strategy, you do have one of those right? You know… a written plan that will produce growth in your business. One that identifies:

  • precisely the person(s) to whom you are focusing your message
  • your identity (or that of your products and services), and
  • the message itself

…along with specific steps you’re going to take to attract those people, get their attention, and plug them into your sales process.

If not, this is where you must start. Otherwise, you’re going to be overwhelmed by all the stuff you could be doing. Strategy is as much about knowing what not to do as it is about knowing what to do.

2010: Monumental Shifts

And speaking of what you could be doing… looking back on 2010, I can’t recall a year ever in which so much has changed in marketing.

  • Google rankings mean more and less than they used to… on the one hand, more businesses have shed their offline advertising and marketing expenses and are looking to online search to help bring in new customers. But on the other hand, the online mix must now be much more robust than ever — engaging customers (present and future) in a conversation through social media outlets
  • Mobile devices continue to change the rules… and are now inventing new ones. Text messaging, Twitter, mobile browsers, maps and navigation, social media apps on the go… all of these affect how your buyers receive your messages, and this year has brought some amazing changes to this space with new devices, maturing platforms (particularly Android and iOS), and high adoption rates. People spend more time “connected” on the go than even I ever dreamed… and it’s going to increase.
  • Local businesses have an amazing (and dizzying) array of options to reach out to customers with geo-location services like Foursquare, Google Places, Facebook places, and Gowalla. Which ones are effective? Which ones are a waste of time? Consumers are using location-based services from mobile devices in record numbers. Are you missing out on the opportunity?

These are just a few of the major shifts we’re watching from 2010. How do they affect your business in 2011? What else should you be paying attention to? We’ll be tackling these questions and showing off some pretty nifty stuff over our next few posts.

Stay tuned!

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Does Social Media Marketing Really Work?

March 18, 2010

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Hoping for Business

Hoping for Business?

Getting fans and followers is awfully trendy right now. But if you’re like many small business people, you’re probably saying, “Yeah… but does it increase sales?”

Our clients and trainees have known for some time that it’s possible to grow your business with social media because, when approached strategically, it comes in line with one of our cardinal principles in modern-day marketing:

“He or she who engages, wins.”

Thankfully, the folks at Harvard Business Review agree with the results our real-world clients are getting. (I always like it when the academics are there to validate my numbers, don’t you?) In all seriousness, I have great respect for real scientific testing. It’s why we use it and train people to use it.

To arrive at their conclusion, the good folks at Harvard set up a Facebook fan page for a Houston, Texas café and bakery known as Dessert Gallery. The popular chain did not have a Facebook presence prior to the study. The propeller-heads at Harvard did a good job of making sure their data would be statistically valid and emailed the company’s database of approximately 13,000 customers.

Here are the Cliff’s notes of the results after 3 months of updating the Facebook fan page several times weekly. (H/T: Dr. Jeff Cornwall) Of all the customers of Dessert Gallery (DG), those who became fans on Facebook:

  • Made 36 percent more visits to DG’s stores each month.
  • Spent 45 percent more of their eating-out dollars at DG.
  • Spent 33 percent more at DG’s stores.
  • Had 14 percent higher emotional attachment to the DG brand.
  • Had 41 percent greater psychological loyalty toward DG.

Clearly, if you’re in a small business that has any kind of retail presence like Dessert Gallery, you’ve got to be jumping up and down for joy.

Every business is different, of course. And… as I regularly point out to clients and students, having a fan page or Twitter account and using it strategically are 2 completely separate issues!

The bottom line: it’s time to engage with social media. We’ve been saying it for over a year now. We’ve been seeing significant ROI for even longer.

What is the True Cost?

Those who tell you that Facebook and Twitter are low cost marketing media are both right and and wrong at the same time. ROI from these activities is measured less in hard cash outlay and more in soft costs like employee time, learning curve, opportunity cost, etc.

But the fact of the matter is that in this day and age, the options for where to spend your marketing budget are quickly dwindling. And simultaneously, businesses in many industries (whether you sell to other businesses or to consumers) are facing a stronger-than-ever need to have sustainable marketing strategies that

  • consistently produce new leads and/or customers,
  • encourage stronger sell-through to existing customers (where applicable), and
  • can be started with minimal investment of time and money.

Our focus, as a marketing consultancy that also offers lower-cost training to businesses who may not be able to afford (or be willing to invest in) our services, has been to shorten the learning curve and help businesses ramp up quickly. The goal once everything’s in place? 10 minutes per day with the right social media and the right strategy.

Get started here.

Or… join us for our webinar Tuesday, March 23rd at 1PM Eastern. We’ll be telling the story of a business owner who is experiencing dramatic results right now. We’ll also dissect what she’s doing and show you how to do the same! There are still a few slots left at this late hour, so RSVP right away!

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Should You Use Social Media to Market Your Business?

August 19, 2009

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We’ve already tackled the question about YouTube for Marketers recently, and I’ve been a big believer in it for a number of years. In fact, business owners and entrepreneurs in our 21st-Century Strategic Marketing Program have heard me beat the drum of not just YouTube, but also social media outlets (including Facebook and Twitter) since the program’s inception in early 2008.

Clients are now asking about social media more than ever before, particularly as we help them develop comprehensive marketing and communications strategies that they in turn get busy implementing. In my opinion, the number of businesses who should not be using social media is rapidly diminishing. If you own a small business, if you are a salesperson, or if you in any way are responsible (or rewarded) for bringing customers or revenue into the company you work for, then you need to have a social media strategy.

No one has said it better than the creator of this video:

For help developing your 21st Century Marketing Strategy, or to find out more about our low cost, high ROI training programs, contact us today. You’ll be glad you did.

Free Webinar: How To Dominate Your Marketplace Using Social Media

Free Webinar: How To Dominate Your Marketplace Using Social Media

UPDATE: Join us for a free webinar Thursday, September 10th at 9PM Eastern.

Guerrilla Social Media Strategies for the Small Business and Sales Professional

Trying to make sense of Twitter? Befuddled by Facebook? Not sure where to start?

In this informative 90-minute webinar, David G. Johnson will be talking about how to decide which social networks make the most sense for your business, how to get started, and how to ensure that your precious time and resources aren’t wasted.

Whether you’re an experienced social networker or not even sure whether to stick your toe in the waters, you can’t afford to miss this valuable educational event!

In addition to lots of great instruction, there will be a Q&A session at the end which allow you to get your questions answered by the expert!

Space is limited.
Reserve your spot here.
David G. Johnson is the founder of Epiphany Marketing, LLC and has been helping businesspeople just like you establish highly profitable, cost-effective marketing strategies that leverage technology for the past 11 years.

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