Archive for the ‘marketing strategy’ Category

Cleveland’s Content Marketing World ROCKS!

Wednesday, September 7th, 2011

I’ve attended conferences in Las Vegas, London, Miami, New York, Paris and elsewhere. I’ve participated behind the scenes and as a presenter at a half a dozen more including a DECworld where we had Boston Harbor dredged deeper to accommodate the Queen Mary as our venue. At 600 attendees, Content Marketing World isn’t the biggest conference I’ve ever been to, but it is the best.

cnwtoppic Clevelands Content Marketing World ROCKS!

Why? Maybe because it’s designed, produced and delivered by professional marketers for professional marketers. Every facet… every touch point from my room key to the highly polished and engaging keynote performances have been developed to fascinate attendees and communicate relevant and useful information. Information sure to convert anyone who isn’t already a Content Marketing evangelist.

There’s no argument that Content Marketing beats the pants off every other form of marketing from a bang for the buck perspective. Now we’re learning how to leverage content… all kinds of content from plain text to multimedia and everything in between, to turbocharge real time marketing, social media marketing and… who knows what else? We’re not even halfway through this event!

Just this morning we had valuable and entertaining presentations from Joe Pulizzi (the Godfather of Content Marketing), Sally Hogshead and David Meerman Scott. All three of these people aren’t only best selling authors and dynamic speakers. They are highly successful marketers and consultants who have real world experiences and well thought through insights.

I gotta go back for the next session. If you’re in Marketing, you need to plan on attending next year. I’m just so excited by the CONTENT, and impressed by the production values, I feel I have to tell my friends, clients and colleagues. It’s a  fantastic event and a major indicator of where Sales and Marketing are headed.

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Attract, Optimize, Convert

Friday, July 29th, 2011

Meet Scott Frangos, our WordPress developer, and Analytics and Optimization Consultant. Scott does the coding and programming behind our content management systems, landing pages, websites, etc. He sets up Google Analytics so clients can see how well our content is working, and can optimize to improve their results.

sfsmileavatarthumbnail Attract, Optimize, Convert

 

Bob: Scott, many business people don’t really understand all the three letter acronyms that seem to proliferate around you. How about we start with your definitions?

Scott: OK. Let’s start with the more common ones. Most people these days know what SEO (Search Engine Optimization) and SEM (Search Engine Marketing) are. SEO is the development and structuring of website content in such a way that it earns high search engine rankings for chosen keywords (or search terms). SEM is similar except that you pay for text ads to be placed in search results for your chosen keywords. It’s also called Pay Per Click (PPC) because you pay when searchers click on your ad and visit your site. SEO and SEM are about getting prospects to your website or landing page.

But what do you do with your visitors once they’re on your site? You want them to Convert. This has nothing to do with religion, Bob. Conversions often mean sales. You want to convert lookers into buyers. In our case, though, a conversion can be a number of things, but usually not a sale.

 

That’s due to the nature of the products and services our clients sell. acSellerant works exclusively with B2B vendors, so a typical sale might cost $300,000. Not exactly an impulse buy.

That’s right. So a conversion might be registering with their name and email address to receive a case study, or to attend a webinar. To get back to the three letter acronyms, the next one would be CRO (Conversion Rate Optimization). This is where the rubber meets the road and where we can really make a significant impact on our clients’ revenue. Through various means – changing the wording of headlines, changing the graphic on a page, changing the offer (what we give them for registering), we can tweak a web page to constantly increase the number of conversions. These conversions represent a step further along the buy cycle, a step closer to a sale.

 

So that introduces the concepts of analytics and testing.

Yes. We have to know what visitors are doing so we can interpret their behavior and draw conclusions. I set up Google Analytics. The software is free and very comprehensive. It captures and reports mountains of data. So we need to determine which data points are relevant to conversions, and separate those out from all the noise. Then we test by changing the different components and seeing how those changes affect conversions. This really is the holy grail for marketing. It used to be extremely expensive and time consuming to test different elements to maximize response. Today, online, it’s very economical and the ROI can be enormous.

 

Yes. David Ogilvy would jump for joy. When he ran tests in the 60s and 70s, they had to shoot different versions of commercials, and actually buy air time and run them, to see what worked and what didn’t. Millions in today’s dollars and we can do the same thing for one tenth of one percent of the cost. Of course, we’re not working with Procter and Gamble budgets either.

It’s not only the cost that’s so much less. The time needed to make changes and test them is also greatly reduced.

 

OK. We have time for one more acronym. How about CMS?

That stands for Content Management System. We use the industry leader, WordPress. It was originally designed as a blog platform, but it’s evolved well past that. We build websites with it, and it solves a major issue for our clients. It used to be that whenever a site owner wanted to change the content on their site, they had to hire a programmer to make the change for them. WordPress and other CMSs give users a Word-like interface so they can build web content without the help of a programmer.

 

Not only does that save time and money, but Google LOVES fresh, relevant content. Google rewards, with high search rankings, websites that consistently add fresh and relevant content. And that brings us back full circle to SEO.

Before we go, Scott, how about you share some SEO, SEM, or CRO tips with our readers?

OK. I’ll give one tip for each acronym:

  • SEO:  All signs are that Social Media is playing a much larger role in search engine rankings… remember, Google rewards relevance, and a great way to beat the scammers and gamers is to make sure real people actually value your content.  So… get in the Social Media game with a smart strategy.
  • SEM:  You don’t have to outbid the highest bidder with your PPC ads – ranking at #2 through #6 for key terms specific to your niche will get you similar results as a #1 ranking. Be specific, using three word key terms. Always keep testing different ad copy and headline versions.
  • CRO:  Foster a culture of testing. Start with well conceived A/B tests and also Visitor Behavior testing (heatmaps, etc.). Adjust your content and your value proposition accordingly. Remember… you’re not optimizing your site, you’re optimizing visitor behavior at your site.

How about you? Are you analyzing your online traffic? What have you learned? What have you changed as a result? Do you optimize for conversions?

 

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The Art of Persuasion

Wednesday, July 20th, 2011

Meet Paul McCullen, our Art Director. Paul designs online and offline marketing and campaign materials for our clients including emails, landing pages, multimedia presentations, white papers, how-to guides, and case studies.

Paul Mc headshot2 The Art of Persuasion

Bob: Paul, we’ve talked about how many business people don’t really understand what graphic design is, or what you do. Can you tell us a little about it?

Paul: A lot of people confuse graphic designers with fine artists and illustrators. Although many designers wear these hats as well, a graphic designer is trained primarily in how to communicate persuasive messages visually, not how to draw pretty pictures. An Art Director is a graphic designer who partners with the marketing consultant, creative director and the copywriters. He or she develops concepts regarding how best to tell the story visually either online, or in print, or both. The point is to let the images and graphic design do a good portion of the work.

A professional designer will not only be interested in the content, but will design for optimum readability. There’s been a lot of research on how to optimize readability through typography: fonts, size, leading, weight, bold, italic, colors, etc. It should lead the eyes where you want them to go. People who aren’t trained in typography often overuse effects. They end up with too much on the page or the screen. It’s confusing to the reader. Just because people have the tools to do sophisticated typography effects, doesn’t mean they know how to use them.

 

We’ve had conversations over the past few years regarding the role of graphic design in B2B marketing. So much has changed… how do you see your role evolving?

While marketing strategy and ‘the story’ drive the bus, graphic design has steadily grown as a means to amplify the messaging and tell the story online. B2B marketing requires the communication of complex ideas. Graphic elements, images, layout and design, even the color palette, should work together with the words to ensure the messages are communicated rapidly and accurately, and support the branding. When designing print materials, it’s important to think about how they’ll translate to online applications or vehicles like PDFs, jpegs, email and banner ads, or website content. The reality is that even pieces primarily meant for print will end up being posted online, so the designer needs to take that into account.

 

Artist Palette Brush and Computer Screen 300x279 The Art of PersuasionThere are several forces at work today… prospects are busier than ever; expectations have changed; and the media and technology have evolved. I need help in making my content as palatable as possible… making it enticing enough so people actually read it, or at least skim and scan it online.

True. Even for highly technical B2B products and services, people won’t read a 12 page text-only white paper. Graphic design can be hugely helpful in this… a picture is worth a thousand words, infographics can easily communicate complex information, etc.

Let’s take an email newsletter for example, instead of displaying all the text for the articles, we’ve learned to display shorter snapshots of articles accompanied by graphics. These quickly tell readers what the article is about. If it interests them, they can click through to read the full text. Of course, that means that you have to use your talents to write enticing teasers.

 

I see your role expanding as we evolve to multimedia production. Can you explain how you help to manage the storyboard, audio, video, etc.?

The look of videos – sharp or soft, bright or murky, colorful or monochromatic; the tone and pace of voice overs; plus other audio effects, background music (if any); all of these affect the whole and play a part in how the information is being communicated. The more congruent all these facets are, the more likely people will accept the messaging. That’s part of the art of persuasion.

 

OK, Paul. I think we covered it. Do you have some parting graphic design tips for our readers? Some rules of thumb that you like to keep in mind?

Sure. I’d start with looking good is only half the battle. If the graphics don’t support the message, no amount of cool design or eye-catching images are going to increase your revenues.

Second, less is more. In an age where we are bombarded with information, it’s a good idea to leave some white space. Don’t crowd copy and design in. It’s overwhelming to people and they’ll click away.

And, finally, honor your brand identity. Hold true to the look you’ve developed to represent your business. Over time, it makes an impression on your target prospects… giving a tacit stamp of approval.

 

How about you? How do you view the role of graphic design in today’s rapidly evolving marketplace?

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How Do You Build a Solid Foundation for B2B Content Marketing?

Friday, June 3rd, 2011

Market research can be broadly defined as “the systematic and objective collection, and interpretation, of data to inform marketing strategies.” Market research that’s done to inform B2B content strategy focuses on the informational needs and wants of highly targeted prospects. The objective is to find what types of content potential buyers of your product or service are interested in.

Businessman on Phone How Do You Build a Solid Foundation for B2B Content Marketing?

What do B2B decision makers and purchase influencers care about?  Reducing risk!

They want to make a buying decision that will enhance their careers. They want information that will help them make the best business decision possible – a decision that will result in cost savings and/or increase top line revenue.

Sounds easy enough.

Just deliver the information that tells them why your product or service will make them the hero of their company, right?

Wrong.

That path results in overly salesy materials that will turn off your prospects. Instead, you first need to understand their perceptions about the business problem that your product or service solves. One of the best ways to uncover this information is through qualitative research, which can help you develop the strategic B2B content that potential buyers of your product or service are interested in. It’s the first step in continuous marketing improvement.

Market Research that Digs Deep

One of the primary reasons to do market research is to understand why people behave and think in the way that they do. The best insights can’t be obtained by surveying hundreds of people, or by monitoring and analyzing social media mentions. These insights come from deep (but loosely structured) interviews with a small number of highly targeted individuals.

Qualitative research methods rely heavily on the skills of the interviewer to interact with the interviewees and to dig deep into their motivations and experiences. Such methods are defined as qualitative because they seek quality information over quantity. Qualitative research is exploratory.

So, how do you do qualitative research?

I like the methodology outlined by Kristin Zhivago. Kristin is a revenue coach who helps CEOs and entrepreneurs increase their bottom lines by understanding what their customers want to buy, and how they want to buy it. I have ‘borrowed’ Kristin’s qualitative research methodology (which she outlines in clear detail in her books), to elicit the information I need to develop content marketing strategies for my B2B clients.

Kristin eschews the use of focus groups and instead recommends one-on-one interviews. People in focus groups are surrounded by peers from within their own company and/or peers from another (possibly competing) company. So, they provide careful answers that don’t reveal the whole truth.

Aim for completing about 10 personal interviews. Depending on the quality of the responses, you may be able to scale back, or you may find that you need to conduct a few more.

NOTE: Many marketers shy away from asking busy client executives to give them an hour of their time for an interview. Don’t! As long as you make it clear that this information will be used for important purposes (as the foundation of a major marketing campaign), your client executives will be flattered that you asked, and will have a more positive opinion of your business as a result.

How to Conduct One-on-One Interviews

Kristin recommends conducting interviews via the phone instead of face-to-face. In her experience, people are more forthcoming over the phone because they’re sitting in their own environment, and they’re alone and relaxed. I prefer phone interviews because they’re easier and less expensive to execute (no travel).

The two most important factors for these interviews are selecting the right people and asking the right questions.

Find the Right People

Your best target interviewees are current customers. You want to select:

  • people who made the buy decision,
  • people who influenced the decision, and
  • people who are using the product/service.

You want happy customers and not-so-happy customers. If this is a brand new product launch, you’ll need to find appropriate prospects, which is more difficult to accomplish, but is doable.

Ask the Right Questions

Here’s the kind of information you want to gather:

  • What questions did they need answered – at the different phases of the buying cycle?
  • What objections did they have? How were those objections overcome?
  • What land mines had been placed by your competitors?
  • What information did they have trouble finding?
  • At what point did they feel ready to talk to a salesperson?
  • What helped them to sell your product or service internally?
  • Now that they’re using your solution, what didn’t they know about it prior to the purchase?

Finally, ask them what question you should have asked but didn’t.

The Key: Really Listen

During the interview, LISTEN.

Your interview subjects may go off on a tangent. Let them. That’s often when the most valuable information is uncovered.

The resulting information, once organized and analyzed, will give you a good sense of what your content strategy should be. You’ll learn:

  • which topics need to be covered at what points during the buy cycle,
  • what information specific titles (CFO, CTO, VP Sales, etc.) are interested in,
  • and what the best vehicles will be to deliver the information.

I originally wrote this blog post for the Content Marketing Institute where it appeared under the title ‘How One-On-One Interviews Can Reveal What Your B2B Audience Really Wants‘. Please share your adventures in B2B market research by contributing a comment below.

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9 Steps to Continuous Content Marketing Improvement

Friday, May 6th, 2011

Closed-loop marketing has been the exclusive domain of major corporations until very recently. Smaller companies with limited resources can now also reap enormous benefits from it. Closed-loop marketing is the process by which market intelligence learned during a marketing campaign is fed back into the strategy and plan; resulting in more focused targeting, more effective messaging, and improved resonance.

Until the past couple of years, closed-loop marketing could only be achieved through expensive, labor intensive market research. Imagine being able to automatically feed your prospects’ reactions to your marketing content back into your strategy, messaging process and choice of delivery vehicles. It isn’t just doable… it’s within the reach of even the smallest companies. What follows is a brief overview of the Closed-loop Marketing Process. In subsequent CMI posts I’ll dive down into each of the processes and show you step by step how it’s done.

 

ClosedLoopGraphic31 300x246 9 Steps to Continuous Content Marketing Improvement

1.  Research

At the launch of any marketing campaign, it’s ALWAYS a good idea to make sure you have a realistic understanding of your product, the marketplace, your value proposition and competitive positioning. In this closed-loop process, I’m depicting a research step only at the inception. The process itself will automatically deliver new, deeper market intelligence as you roll it out.

2.  Strategy

A clearly defined strategy is essential to the success of your content marketing campaign.

  • What are the objectives for the campaign?
  • Who are your prospects?
  • What industry are they in?
  • What roles and titles do they have?
  • What business pains are your targets experiencing (related to your solution)?
  • How will your product or service solve those problems?
  • What are the resulting benefits?

3.  Buyer-Centric Processes

You can’t build relevant and useful content unless you know exactly who you’re talking to. Refine your definitions of target prospects from Step 2 into actual personas (representative individuals). Construct a map of the steps that your prospects go through in making a buying decision. Prospects have different informational needs depending on where they are in the buy cycle. Message maps identify the key messages that must be successfully communicated to prospects to move them to the next step in the buy cycle. Click on this hyperlink for more detail on Message Maps.

4.  Editorial Calendar

Content marketers are publishers. Publishers develop editorial calendars to give them a road map of where their publication is going – which topics are going to be covered and when. Today we publish in many different formats. Look at your message map and determine how best to deliver your content (via blogs, case studies, emails, magazine articles, podcasts, presentations, videos, web pages, webinars, white papers, etc.).

5.  Content

Prioritize using all the information you’ve gathered in the preceding steps, and start building your content piece by piece. You don’t have to create everything from scratch. Odds are you can find existing in house or third party materials that are appropriate and effective. Don’t just appropriate the content, Curate it. That means you acknowledge the source, and then put the content into context by explaining how it relates to your solution. Optimize with SEO key phrases.

6.  Promotion and Socialization

Once the content is built, you need to let your target prospects know that it exists. If you have a permission-based email list, or blog subscribers, you can deliver your content directly. Otherwise you need to pull your targets to where your content is located online, or push it to where your targets are congregating in social networks.

7.  Feedback

Google Analytics, click thru tracking in emails, social media monitors and other tools enable you to cost effectively see how your targets react to your content.

  • Where do they immediately bounce off a page?
  • Where do they linger and learn?
  • Which pieces do they forward, post, or tweet about?
  • Where do they convert and take your desired action?
  • What do they have to say in their blog comments?

For more on this, see Scott Frangos’ CMI post “How to Get Results After Creating Compelling Content”.

8.  Document

To leverage the valuable information you’ve collected in the previous step, you must gather the information, organize it, and store it where you can search it and sort on it. The more information there is (and tools like Google Analytics can generate tons of it), the more you’ll need automation in the form of an integrated Customer Relationship Management (CRM) system.

9.  Analysis

Once you have the market intelligence you’ve gathered in a format that’s easily manageable, it’s time to measure how you did. This is an analysis process that translates the market intelligence into action items to course correct and tweak your campaign.

  • Where did you do well?
  • Where could you have done better?
  • What should you change regarding your target descriptions, personas, message map, vehicles and content?

Today’s buyers are moving targets. Their needs and issues are constantly evolving. The economic environment is always changing. Technologies are continually being developed and upgraded. So it makes sense that our marketing campaigns should also morph in an attempt to keep up.

Closed-loop marketing is ideal for B2B marketers who need to nurture prospects over extended periods of time. By continuously analyzing customer responses and refining your communications process and messages, you can adjust your campaigns to deliver highly targeted, relevant and effective marketing content.

I’m a contributor to the Content Marketing Institute blog. This blog post first appeared there:

http://www.contentmarketinginstitute.com/2011/04/content-marketing-improvement/

Look for my blog posts on the steps of the Closed-Loop Content Marketing Process and on Content Curation at CMI.

 

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Leveraging Internal Company Resources for Content Development

Wednesday, January 26th, 2011

This is our second week of diving down into specific facets of social media to see how we can leverage each to make the content development process more successful. We’ve been blogging about the difficulties that small to mid-sized B2B companies have in executing their social media strategies. This week’s focus area is:

Leveraging Internal Resources

Diverse Emplyees in Office 300x199 Leveraging Internal Company Resources for Content Development

Maximizing Internal Resources for Content Development

Almost all employees at SMBs are stretched to the limit. They have very little time or energy to spare. Yet, they are essential to the success of social media programs. So, how do we maximize their contributions while minimizing their exertion?

Start at the Top

Whether you’re an internal marketing professional, or an external marketing consultant, no social media campaign has a chance of success without the support of the CEO/Owner. Make it clear to that person that there’s no sense in embarking on the campaign unless s/he’s on board and publicly pledges support to the project. Employees need to know that this is important to the boss. Other input needed from the C suite includes the goals and objectives for the campaign. Everyone has to be clear on what constitutes success, so you know:

  1. what you’re all working toward, and
  2. when you’ve arrived.

The nature of social media is that it’s an ongoing process, so you want to develop an over arching long term goal; something like, “An average year over year growth rate of 40% for the next 10 years.” Then develop smaller, shorter term goals (e.g. “One conversion per week from a prospect pulled in via social media.”).

Depending on the executives and their personalities, they may also become contributors of blog posts, tweets, LinkedIn discussion group Q&As, etc. If you can position one or more of these executives as a thought leader in your niche, it could result in a significant increase in the ROI of your campaign.

Sales Leaders

Successful sales people are an extremely valuable resource. They are also typically the most difficult to track down and get information from. In addition to the direction from the CEO mentioned above, you must communicate to the sales people why they should spend their precious time with you, rather than with a prospect or customer. Here’s how:

  • be overt in communicating that you’ll respect their time, you value their contribution, and that the result will help them be even more successful,
  • tell them exactly what type of information you’re looking for (typical questions prospects have, objections that need to be overcome, competitive land mines that need to be defused), and
  • offer to make it as painless as possible – tell them you’ll spend a day with them to observe and learn from their interactions with customers, and to conduct your interviews in the car, as you travel from appointment to appointment.

Subject Matter Experts

These are the engineers and product managers that can give you nuts and bolts information about product/service features, new versions to be released, etc. You want to establish ongoing, symbiotic relationships with these people. The best way to do that (plus give them an understanding of the value of social media) is to do research for them. Use social media to answer questions they have about the competition and the market.

Going forward, maintain an ongoing conversation with them based on the two-way transmission of relevant and useful information concerning your industry, new breakthroughs, what’s on the drawing board (and the likely market reaction), etc.

If you have any other tips re leveraging internal resources in an effective manner to help develop SM content, please share in a comment to this post.

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User-Generated Content via Market Research

Tuesday, January 18th, 2011

This is the third post in a series devoted to a pervasive problem experienced by SMB B2B companies. That problem is successful execution of their social media strategies. The best social media strategy on the planet is worthless if it isn’t implemented. The most difficult piece to execute for SMBs is the development of an ongoing stream of relevant and useful content. Poor quality content is cheap and easy to generate, but it does more harm than good.

In my last post, Getting Over the Social Media Content Hump, I listed all the ingredients of a successful social media campaign (that I could think of at the time). My intention is to take each of them – one per week – and delve deeper in an attempt to answer, “How can this facet of social media be leveraged to help develop and/or distribute quality, highly readable content.”

This week’s topic is Market Research.

Social media is a great tool for market research. You can research your clients and your competition, and improve your products and services via crowd sourced surveys. Knowing what your prospects and clients are saying, as well as what your competition is up to, is highly valuable in itself. Anticipating and validating product changes through social research, polls and surveys can be of extreme value. And these polls and surveys will also develop user-generated content.

Business Strategy Chart 300x199 User Generated Content via Market Research

This is a tactic that market research firms (e.g. Forrester, Frost & Sullivan, Gartner) have been using for decades. It’s no small task to develop a survey questionnaire that elicits valuable information, but there are consultants who specialize in this.

Can’t afford a consultant? Send an email around to your department heads: C-suite, Customer Service, Engineering, HR, Marketing, Product Management, Sales; and ask them for two or three market-related questions that each would love to have the answers to.

Then place these surveys on relevant sites like Facebook, Foursquare, LinkedIn, Twitter, and industry specific networking sites. The answers will give you a treasure trove of information that is, by definition, relevant and useful. The information came directly from your target audience!

Use this user-generated content to feed your blogs, group discussions, tweets, etc. And take another sheet from the research firms’ playbook – every year (or quarter, or month) update and re-post your polls and surveys. You’ll get more fodder for your content needs, and more up to date insight into the needs and wants of your clients and target market.

Beneficial side effects may include tighter alignment between your social media people and the rest of the company (and a new found respect for what social media can accomplish), and a closer digital relationship with customers and prospects. This blog post by Scott Frangos makes a crucial distinction between content and true connection (the kind needed to close high ticket B2B deals).

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  • services sprite User Generated Content via Market Research
  • services sprite User Generated Content via Market Research
  • services sprite User Generated Content via Market Research
  • services sprite User Generated Content via Market Research
  • services sprite User Generated Content via Market Research
  • services sprite User Generated Content via Market Research
  • services sprite User Generated Content via Market Research
  • services sprite User Generated Content via Market Research
  • services sprite User Generated Content via Market Research
  • services sprite User Generated Content via Market Research
  • services sprite User Generated Content via Market Research