May 22, 2011

101 Small Business Marketing Activities

One universal small business goal is to sell the business's products and services. This is usually best accomplished by positioning the business in front of the target audience, and offering something they can't refuse or find elsewhere.
To this end, one of the smartest things a small business owner can do for their business is take the time to develop a small business marketing plan that will set them apart from the competition. A marketing plan clearly outlines how you will reach your ideal customers by effectively implementing your marketing strategy.
There are thousands of ways you can promote your small business. With the right mix of activities, you can identify and focus on the most effective marketing tactics for your small business. Here is a list of 101 small business marketing ideas to get you thinking about all of the different ways you can promote your business.
Do you have an idea of your own not listed here? Add it under Comments.
Marketing Planning
1. Update or create a marketing plan for your business.
2. Revisit or start your marketing research
.
3. Conduct a
focus group.
4. Write a
unique selling proposition (USP).
5. Refine your target audience and niche.
6. Expand your product and service offerings.
Marketing Materials
7. Update your business cards.
8. Make your business card stand out from the rest.
9. Create or update your
brochure.
10. Create a digital version of your brochure for your website.
11. Explore a
website redesign.
12. Get
creative with promotional products and give them away at the next networking event you attend.
In-Person Networking
13. Write an elevator pitch.
14. Register for a conference.
15. Introduce yourself to other local business owners.
16. Plan a local
business workshop.
17. Join your local chamber of commerce.
18. Rent a booth at a
trade show.
Direct Mail
19. Launch a multi-piece direct mail campaign.
20. Create multiple approaches, and split test your mailings to measure impact.
21. Include a clear and enticing
call to action on every direct mail piece.
22. Use tear cards, inserts, props and attention-getting envelopes to make an impact with your mailings.
23. Send past customers free samples and other
incentives to regain their business.
Advertising
24. Advertise on the radio.
25. Advertise in the
Yellow Pages.
26. Advertise on a billboard.
27. Use stickers or magnets to advertise on your car.
28. Take out an ad in your local newspaper.
29. Advertise on a local cable TV station.
30. Advertise on
Facebook.
31. Advertise on
LinkedIn.
32. Buy ad space on a relevant website.
33. Use a
sidewalk sign to promote your specials.
Social Media Marketing
34. Get started with social media for business.
35. Create a
Facebook page.
36. Get a
vanity URL or username for your Facebook page.
37. Create a
Twitter account.
38.
Reply or retweet someone else on Twitter.
39. Setup a Foursquare account for your business.
40. List your business on Google Places.
41. Start a
business blog.
42. Write blog posts on a regular basis.
43. Start
social bookmarking your online content.
44. Create a
Groupon.
Internet Marketing
45. Start a Google Adwords pay-per-click campaign.
46. Start a
Microsoft adCenter pay-per-click campaign.
47. Comment on a blog post.
48. Record a video blog post.
49. Upload a video to
YouTube.
50. Check your online directory listings and get listed in desirable directories.
51. Set up
Google Analytics on your website and blog.
52. Review and measure your Google Analytics statistics.
53.
Register a new domain name for a marketing campaign or a new product or service.
54. Learn more about
local search marketing.
55. Track your online reputation.
56. Sign up for the
Help a Reporter Out (HARO) email list.
Email Marketing
57. Create an email opt-in on your website or blog.
58. Offer a free download or free gift to make people willing to add their email address to your list.
59. Send regular emails to your list.
60. Start a free monthly email newsletter.
61. Use
A/B testing to measure the effectiveness of your email campaigns.
62. Perfect your
email signature.
63. Add audio, video and social sharing functionality to your emails.
Contests, Coupons and Incentives
64. Start a contest.
65. Create a coupon.
66. Create a "frequent buyer" rewards program.
67. Start a
client appreciation program.
68. Create a customer of the month program.
69. Give away a free sample.
70. Start an
affiliate program.
Relationship Building
71. Send out a customer satisfaction survey.
72. Ask for referrals.
73. Make a referral.
74. Help promote or volunteer your time for a charity event.
75. Sponsor a local sports team.
76.
Cross-promote your products and services with other local businesses.
77. Join a professional organization.
78. Plan your next holiday promotion.
79. Plan
holiday gifts for your best customers.
80. Send birthday cards to your clients.
81. Approach a colleague about a
collaboration.
82. Donate branded prizes for local fundraisers.
83. Become a mentor.
Marketing with Content
84. Plan a free teleconference or webinar.
85. Record a podcast.
86. Write a
press release.
87. Submit your press release to various distribution channels.
88. Rewrite your sales copy with a
storytelling spin.
89. Start writing a book.
Marketing Help
90. Hire a marketing consultant.
91. Hire a public relations professional.
92. Hire a professional copywriter.
93. Hire a
search engine marketing firm.
94. Hire an intern to help with daily marketing tasks.
95. Hire a sales coach or salesperson.
Unique Marketing Ideas
96. Get a branded tattoo.
97. Create a
business mascot to help promote your brand.
98. Take a controversial stance on a hot industry topic.
99. Pay for
wearable advertising.
100. Get a full-body branded paint job done on your company vehicle.
101. Sign up for
online business training to revamp, expand and fine tune all of your marketable skills.
There are many more than 101 small business marketing ideas. Do you have an idea not listed here? Add your small business marketing idea to the list.
PHANTOM POWER
Marketing by Design

www.phantompower.co  
Contributions by Alyssa Gregory


10 Keys to More Effective Social Media Marketing

A recent Econsultancy report revealed that 86% of more than 800 companies surveyed plan social media budget bumps in the coming year.  Clearly, social media marketing (SMM) is working its way into company marketing plans more than ever.  SMM is just as important to the smaller company looking rto market more on a shoestring as it is to a large one.  SMM gives businesses of any size an equal voice (or at least the chance to compete equally), which is something that traditional marketing doesn’t offer.

Studies have shown that even more so than television, today’s consumers are turning to blogs and social networking sites for the latest news, reviews, and opinions.  Your customers want to have a relationship with you.  They’re blogging about their favorite products and live-tweeting customer service experiences, for better or worse.

10 Keys to More Effective Social Media Marketing:

1.  Find out where your customers (and competitors) are and set up shop.

Odds are, your customers are already discussing your brand on social networks, whether you’re aware of it or not.  Just do a few simple Google, Facebook, or Twitter searches on your brand or product names to find out who’s talking about it and where.  Prioritize your social media efforts by giving the most attention to the places where buzz about your brand is the heaviest.

2.  Build one-on-one relationships.

It’s a simple concept, but one many companies fail to grasp.  By its very nature, social media marketing is about communicating and connecting with individual users, not one-way messaging to the masses.  Marketing your brand takes the form of meaningful conversations, answering questions, sharing information, giving honest feedback, and reaching out to potential advocates.

3.  Put a human face on it.

Social media is not about communicating behind a nameless, faceless logo.  People want to know who they’re interacting with; that there’s a real person behind the wheel, flaws and all.

4.  Engage through content.

If you plan to get serious about social media marketing, know that it requires constant care and feeding, and that feeding comes most often in the form of content: industry news, how-to videos, new product previews or reviews, unique offers, podcasts, tweets from conferences, and other brand-centric content that keeps followers interested.

5.  Keep it current.

Though blog posts, videos, and other forms of content can have a long shelf life, social media marketing is very much about the here and now.  What’s current?  What are the issues facing your industry?  What’s making news?  Can you influence the news?  What can we comment upon and answer questions about?  The more in-the-moment you can engage, the higher your visibility is likely to be, and visibility is the flashy lure that attracts more fish.

6.  Be realistic about resources.

Know that all of this content, care and feeding will require a lot of time and commitment.  Don’t bit off more than you can chew.  An untended social media effort feels half-baked to users and is almost worse than having none at all.

7.  Set actionable goals and have a plan.

Regardless of who within your organization handles the day-to-day social media, their efforts should be led by specific goals.  How much time will they commit to social media marketing?  How often will they interact within each community or channel?  What will it take to generate new content?  Set objectives, develop action plans, and track milestones for measuring progress.  We recently announced the launch of our new Social Media Strategy service, which helps brands do exactly that.

8.  Proactively monitor reactions to your brand.

This kind of “reputation management” gives you a window into what people are saying about your company, your industry, your products, and even competitors.  Monitoring can be as simple as setting up Google Alerts, and there are many free or low-cost social media monitoring tools.  There’s no shortage of paid, more robust solutions, either, which are a must for big brands and large organizations.

9.  Measure your efforts.

Yes, social media marketing can be measured!  Start by looking at your web analytics and focusing on things like traffic from social media sources and engagement metrics.  Once you have established goals, (see #7) you’ll know better what tools will help you measure those outcomes.

10.  Learn from your experiences.

Social media marketing requires a lot of changing on the fly.  Be prepared to adapt your action plan to the results you’re getting (or not getting).  Don’t think of poor results as failure because with social media marketing, you need to be learning all the time—even when things don’t turn out exactly as you’d have liked them to.

PHANTOM POWER
Marketing by Design

www.phantompower.co

Source: Web Ad.vantage

May 20, 2011

New Product Launched in Collaboration With NAR to Manage Leads & Track Calls

This new product is the first voice-marketing automation platform specifically tailored to members of the National Association of REALTORS® – it is called Ifbyphone®.

Ifbyphone®, a voice-based marketing automation platform, announced on Monday, the launch of its newest product, Ifbyphone® for REALTORS®. 


Why is Ibyphone?

Ifbyphone frees agents and brokers from deskwork by automating voice-based marketing. According to their press release:

“Agents can then use Ifbyphone® for REALTORS® to connect with hot leads faster, optimize marketing spend, and most importantly, close more deals. The product was created in collaboration with NAR and offered through NAR’s REALTOR Benefits® Program.”

Ifbyphone® for REALTORS® is delivered as a suite of software-as-a-service voice applications that includes:
  • Call tracking
  • Dynamic inbound call forwarding
  • Outbound call automation
  • Virtual call center solutions
All are easily set up by the broker or agent, freeing up more time with clients and prospects.

“Using Ifbyphone® for REALTORS®, agents can focus on clients and prospects while Ifbyphone is handling the forwarding and tracking of leads,” said Irv Shapiro, CEO and founder of Ifbyphone®. “Real estate agents can spend the majority of their time in the field, responding to those leads, managing customer relations and working toward more sales, while maintaining a nimble virtual office with Ifbyphone®,” he added.

One of Ifbyphone’s powerful marketing tools, SourceTrak™ call tracking, provides agents and brokers access to comprehensive, real-time call reports. The automatically generated reports reveal exactly where marketing efforts are most effective. By tracking lists of unique phone numbers across online media, lawn signs, and print ads, Ifbyphone® records exactly where leads are originating. Agents and brokerages can then use the reports to more efficiently allocate marketing dollars.

Ifbyphone also turns “clickers into callers” by instantaneously calling the listing agent when a prospect submits a Web form. This “call form” then “whispers” to the agent the listing information and where the prospect saw the ad. If the agent is part of a listing team, Ifbyphone can dial each team member in sequence or all at once.

Other exclusive features of Ifbyphone® for REALTORS® include:
  • Forward calls to an individual agent or to an agent team
  • Leave client- or listing-specific memos, then review from anywhere
  • Qualify callers through voice response so the appropriate agent connects with the with the right person
  • Manage “floor time” remotely and free agents from the office by using an “on call” application with smart forwarding capabilities
  • Leverage lead measurement and reporting through Ifbyphone’s industry-leading SourceTrak™
The announcement of the new product comes four months after the National Association of REALTORS® invested in Ifbyphone through its strategic investment fund, Second Century Ventures. As part of the arrangement, the National Association of REALTORS® sought to collaborate with Ifbyphone® to develop solutions that enhance voice interactions for its 1.1 million members.

To learn more about Ifbyphone® for REALTORS®, visit the Ifbyphone® website or contact Ifbyphone® directly at (877) 295-5100.

What do you think? Is this a technology that you will use? I’d love your feedback, leave me a comment below!


PHANTOM POWER
Marketing by Design

www.phantompower.co

Source: Katie Lance, Social Media Director, Inman News

May 14, 2011

RIP Cold Calling
Survived by Social Networking

Cold calling has been served notice, a new era beckons and with it an altogether different way of working. Social networking has arrived and will soon replace cold calling as the predominant method of prospecting in business.
I know many people will think that there is no replacement for activity, specifically picking up the phone. Yet, no matter how intelligent you are about cold calling, it is what it is – speculative, scatter gun selling, not to mention costly and increasingly ineffective.
Consider the following data I found online...
In a test which spent an equal amount of time cold calling and using social media (9 AM - 5:30 PM; M - F).
Cold Calling Results
  • Outbound calls made 325
  • Meaningful conversations (pitches) and brand touches 80
  • Meetings made 4
  • Sales made (as a direct result of cold calling) 0
These are average conversion ratios for time spent but it comes with much overhead.

Social Media Results

  • Inbound calls generated 8
  • Meetings as result of inbound calls 3
  • Sales as a result of inbound calls 2
  • Brand touches (from site statistics unique views of content) 422
  • Visitors to sales associate's blog Subscribers (RSS) to sales associate's content 27
  • People following sales associate's Twitter 12
  • New contacts 71 (on LinkedIn, Facebook, WeCanDo.BIZ, etc)
  • Listeners to sales associate's Podcast 83
  • Opportunities to sell found 21
  • Online conversations had 39
  • Warm call list (names generated expecting a call) 11

The cost of the social networking blitz to find new business opportunities, other than time and internet connection are small, if anything at all. Most importantly 2 sales were closed, covering any cost associated with the activity and generating a very healthy return.
The central question, however, is do modern-day sales people have the level of skill required to conduct a social media campaign individually? The simple answer is no. Not all salespeople will have the necessary skills, but having a skills gap is nothing new on the sales floor otherwise we wouldn’t have the multi-million pound training industry!
Can the skills be taught quickly and cost effectively? Yes. I have always taught people that sales is a process: follow steps one through five to achieve your aims. Social media networking can be processed as well, giving salespeople clear guidelines on the ‘how to’ and ‘how not to’. We spend millions every year teaching salespeople to cold call better, use the latest CRM (customer relationship management) system, be better team players and so on; and so it must come to pass that companies will need to train all staff to be ‘social media savvy’ as it extends far beyond just sales – marketing and service need to be in on the picture as well. 
Naysayers?... Agreed, updating your Facebook page with pictures of the weekend, playing silly games, nudging or poking other people is not the best use of your company’s time. But creating engaging, thought-provoking, discussion-opening content, centred around your products or services is. 

Social media networking will reduce dependence on cold calling. I am not saying it will eradicate the need for the telephone – that perhaps is to bold an idea. But I am certain it will become the first step in prospecting for new business.

What kind of results are you seeing when you pin Cold Calling vs. Social Networking?

PHANTOM POWER
Marketing by Design

www.phantompower.co