Showing posts with label social media. Show all posts
Showing posts with label social media. Show all posts

Monday, May 25, 2020

Startup Marketing - 10 Things to Do in Your First 90 Days



So you got yourself involved with a startup company. It may have happened by circumstance or by choice. You're either a founder of one of the first employees. You either envision your concept as a potential single to be flipped in 3-4 years, or a grand slam that will allow you to socialize with the likes of Brin, Bezos and Cuban.
Awesome. We all love a good startup story.
Unless you've got an inherently viral concept on your hands (and by the way, keep in mind that there have only been about 5 inherently viral products introduced over the past 5-7 years), you're going to need to put a significant emphasis on marketing. I wrote an earlier post about the necessity of bringing marketing expertise to your internal/external team, but this post isn't designed to belabor that point.
You're going to need to do certain things during your first 90 days to survive and show some traction from a marketing standpoint. Why 90 days? It's simple. Business plans are great for fundraising and for attracting senior-level employees, but executing on a 5-10 year grand vision usually happens in pieces. I happen to believe that this execution is best broken down into 90-day pieces.
One caveat before we get into the list. All of the items below are tactics. Tactics that do not flow from a broader strategy usually fail at some point. Build a sound marketing strategy - identify goals, build your messaging, pinpoint target audiences - before you start getting tactical.
Here are the 10 marketing items every startup should consider executing within the first 90 days of operation:
1. Build a clean, easy to navigate website.
I know. Quite an "out of the box" statement. All I can say is that people still miss on this first step, and miss in an embarrassing way. Remember this - depending on which web genius you listen to, you have between 3-10 seconds just to convince a visitor to move further on your site.
And if you're a startup that doesn't think you need a web site at all, I wish you luck. No need to read further.
2. Create a blog, post quality content, and learn how to market it.
You're still reading this post because you find the content interesting and the site doesn't look half bad. You're here because you found the content via a search engine, another website, or perhaps a social media property like Twitter or LinkedIn.
If your website is your brochure (and hopefully it doesn't look like one), then your blog is your platform to express your ideas and distribute some of your marketing content.
3. Spend the time to do the basic SEO work, or have someone do it for you.
Search Engine Optimization (SEO), generally speaking, rarely will impact your business in the short-term. That being said, if anyone tells you that SEO is dead and you shouldn't worry about it, toss them out the window like the guy in the Bud Light commercial. Even the most basic SEO work, if done appropriately, will pay significant dividends eventually.
4. Do some public relations, or at a bare minimum issue a press release surrounding your launch.
Not every startup can afford to spend thousands of dollars a month on retaining a public relations agency, but that's not an excuse to ignore public relations. You can get a high quality press release written, distributed and pitched for as little as $1,500 - $2,000, even less if you do some of it yourself.
Is there a good reason NOT to announce your business? Afraid of a poor first impression on the media and consumers of your product? If so, you may be facing a product problem or a problem with other elements in your marketing mix.
5. Get involved in social media.
Notice that I didn't say to rush out, join all 10,000 social media properties and start posting. As always, with social media, my advice is to join, listen, learn, then post. Most startups join and post. They don't even acknowledge the listen and learn part. Startups are typically in a rush to show some traction, and unfortunately some investors judge traction based on Twitter followers, Facebook friends, and LinkedIn connections. That's just silly, almost as silly as the valuations those investors placed on the revenue-less companies of dot-com boom times.
6. Make your first customers raving fans, and squeeze everything you can out of them.
Those who have launched startups know that you rely on your immediate network for feedback and funding during the first stages of operation. Provide exceptional service to those customers, solicit as much feedback as possible, and then use those customers in press releases, case studies, testimonials, videos, etc. Of course, I would recommend asking for permission from those customers first.
7. Send an email newsletter on a monthly basis if possible.
If you're executing on some of the items above and below, you'll have plenty of content for a basic email newsletter that updates customers, prospects, investors, media, friends and family on the company's progress.
Much like public relations, is there a good reason NOT to send a quality email newsletter to 500-2,000 people that have some level of interest in your business?
8. Install web analytics. Monitor it. Don't obsess over it.
Web analytics packages are a lot of fun. That may sound geeky, but once you've actually logged in and viewed all the cool stuff that is trackable on your website, you don't know.
Go ahead and get web analytics installed on your website. Tie it into pay-per-click advertising if you're doing any of that. Look at the results once a day or once a week, whatever makes you feel comfortable. Just don't get too caught up in why your site attracts more visitors from Idaho than Florida until you have enough data to make reasonable judgments.
9. Start considering distribution partners.
This is easier said than done. Unless you are pursuing the most unique target market in the history of the world, there are likely other companies that have already climbed that mountain and can claim thousands of customers in your target market. You need to start conversations with these types early, as partnership deals rarely happen quickly.
This should start during the 90-day period, but likely won't show results during those 90 days. That being said, imagine the marketing cost savings of reaching a partner's existing 2,000 customers vs. attempting to acquire those 2,000 customers through traditional marketing means.
10. Get organized and actually create your 90-day marketing plan.
Especially in a startup, whoever is responsible for marketing ought to also be one of the more organized people in your organization. You likely don't have a lot of marketing dollars to spend, and therefore you need to be extremely efficient with the tactics you execute. Disorganized people typically aren't very efficient.
Mike Sweeney is the Managing Partner of Right Source Marketing. Don't hesitate to drop Mike a comment on this post at the Marketing Trenches blog.
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Saturday, May 9, 2020

Effective Online Marketing Strategies For You

An Effective Internet Marketing Strategy For A Business
When you are an internet business owner you know how crucial online marketing is to the success of your business. Tagged with, for example - best online marketing strategies, basic internet marketing tips, best online marketing tips, john smith, John Smith internet marketing, and tips for internet marketing.
One of the benefits of the Internet is that you can take advantage of effective marketing and sales strategies without relying on a large marketing budget. Your online marketing strategy can be a massive mix of things, in the same way, that your offline strategy can be a complex mixture of things. Internet marketing is one of the most effective ways to bring a business to exciting new levels of success. Good web content management and good internet advertising are essential prerequisites to a successful e-commerce marketing strategy.
An Online Marketing Strategy And Plan
The marketing strategy of an organization is set out in the overall marketing plan and is ideally compiled after market research has been conducted. Marketing mix refers to a set of promotional ingredients and tools a company can use to pursue its objectives in a target niche. Marketing strategies serve as the fundamental underpinning of marketing plans designed to fill market needs and reach marketing objectives. A strategy consists of a well thought out series of tactics to make the plan more effective. A good strategy will ideally not be changed every year but should be revised when your strategies have been achieved or your marketing goals have been met.
Search Engine Optimization (SEO) For Each Site
The search engines have noted the growing trend in localized search and have increasingly integrated local search results within organic search engine results. When the right search engine optimization (SEO) strategies are utilised, your site's ranking on major search engines such as Yahoo, Google, and Bing, can be dramatically improved. When writing to increase web traffic to your site from search engines, you need to ensure you maintain your readers' excitement about your material. Increasing your web traffic through SEO is one guaranteed way to improve customer sales. There are many professionals with a wealth of experience in Search engine optimization and online marketing. You can opt for paid SEO inclusions if you want your site to be urgently indexed by the search engines.
Social Media Sites Such As YouTube, Facebook Or Flickr
Content marketing and social media marketing has become a powerful tool for business, especially the awesome power of dynamic storytelling. Many librarians have started Weblogs and others are dabbling with social media tools such as podcasts, wikis, video-casting, photo sharing sites, social bookmarking, and so on. The acceptance of social media as a marketing tool is very recent but it has ushered in a fresh perspective towards online marketing. The best way to look at social media is to view it as one of many Internet marketing channels, one that has the incredible momentum to go viral. Content marketing has become a hot topic among search and social media marketers over the past year. Additional tools to assist with social media marketing include competitive search and social media research services, keyword research tools and social media monitoring tools.
Happy and prosperous selling
Cheers
Vic
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Thursday, May 7, 2020

5 Online Marketing Strategies For Every Internet Business

When you're running an internet business you need proven online marketing strategies to help your business succeed. But the strategies that worked in the past may not be so effective in the future. Every internet business has to be aware of how quickly the online business world can change.
If you rely on out-of-date and inadequate online marketing strategies your internet business won't stay ahead of your competition and enjoy the success that you deserve. Here are 5 online marketing strategies that every internet business needs to implement if they are going to build a sustainable online business.
1. Deliver Quality Content
Your website, emails, articles, blog posts, videos and all other forms of communicating must deliver quality content material that is valuable to your target audience. When you provide high-quality information, people will come to know, like and trust you and will be more likely to share it, use it and buy from you.
2. Use More Than One Online Marketing Strategy
Don't rely on using one or two online marketing strategies. If you only use one or two strategies to generate leads and sales, and these strategies suddenly become ineffective through no fault of you own, you will be stranded and will quickly have to adapt your business model. However, if you use a combination of both free and paid online marketing strategies you will always have a structure in place should you face any problems.
3. Marketing Is A Two-Way Relationship
Your online marketing strategies are not just ways to flood your customers with sales messages. Marketing is a two-way relationship, which involves the business and the consumer. Therefore, provide information, training, advice, and the chance to engage.
4. Use Social Media
Whether you like it or not, your customers are using social media. You can't ignore it and it's vital that your online marketing strategy includes it. You need t post regularly, engage with your audience and ensure that your content is of high quality. Don't forget to analyse your audience to see which social media websites they use so you don't waste your time on social media sites that your audience don't use.
5. Quality Before Quantity
Never sacrifice quality for quantity. For example, if you are simply posting any old rubbish onto your social media websites, you'll lose followers. If you send out emails that offer little value, you'll lose subscribers. If you fill your website pages with poor content, your website visitors will not stay on your website for long. There needs to be a balance of both quality and quantity so that you consistently can provide good quality content and information to a schedule that is achievable.
Success in business is mostly about marketing, especially online. Great marketing can sell an average product but poor marketing cannot sell a great product. To learn more about building a successful online business you can get access to a FREE Online Business Marketing Video Series at http://www.jonallo.com


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