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StartUpBizCast
The Small Business Advice Podcast
That’s Shorter Than Your Coffee Break
This is terrific information for small businesses. All podcasts are FREE.
Small Business Marketing
Articles
Know The Performance of Your Website With Google Analytics
Attracting Referrals
Branding By Design
Make An Offer
They Can't Resist
Target Marketing For Dollars
Marketing On The Internet With Articles
Know The Performance of Your Website With Google Analytics
By Toni Grundstrom
A new tool available at Google.com is Google Analytics®. This tool allows you to see and analyze detailed reporting of your website. Keep track of the items, you feel are the most important for you to know, for the success of your website.
Site Usage – One of the numbers to look at is the Average Time on Site. The longer you can get visitors to view your website the more likely they are to contact you. Keep your content fresh, full of quality content, useful tools, etc. and you will see that number increase. Another number you will want to look at is the %New Visits. This shows how many visitors are new and how
many are returning.
Visits – a measurement of unique visitors who visit your website. After you send out your postcards or other marketing campaigns, check to see for spikes of your daily visitors to track how the marketing is working.
Traffic Sources Overview – The chart shows you where your visitors are coming from. Great way of tracking marketing campaign success, search engine performance, and any type of marketing that drives visitors to your website.
Content Overview – This report shows you what area of your site visitors are entering from. A common thought is that visitors enter using your main page and then surfs through the rest of your site. This is usually not the case, especially if you are using SEO* activities and linking to pages other than your main page. If you see that people are entering on a certain page, and
then not surfing the rest of your website, you will want to make changes on that page to encourage people to visit the rest of your website.
Keywords – This information is essential for you to understand. If you are using keywords to optimize your site and they are not the common keywords your site is being found on, you will want to do more research. Know what keywords visitors are using to find your site and use them more frequently throughout your website to attract more visitors.
Goal Conversions – Goal conversions are the primary metric for measuring how well your site fulfills business objectives. A goal is a website page which a visitor reaches once they have made a purchase or completed another desired action, such as a registration, survey, or download. Once you have set your goals, you'll be able to see conversion rates from the traffic you
receive. Direct mail postcards** can drive visitors to your website, give them more information about the housing market, and become your customer.
Your understanding of the Google Analytics® reports helps you to determine if you need to make changes to your website. Track the data for 3 months before you make any changes. Review the different sections of the reports to see how your visitors are interacting with your website. Go to ‘Conversion University’ to see tips on how to improve your
website, get more visitors, and create greater conversions.
Get Started – Go to Google.com and set up a Google account. Go to www.google.com/analytics and set up your Analytics account. Set up a ‘website profile’ for all of the websites you maintain. Fill out the URL of your website and you will be provided with HTML code and
instruction of how to put it into your website HTML. This enables Google Analytics to begin collecting data for the reports. This code does not change your website and will not show for your visitors to see. When you see a green checkmark next to ‘receiving data’ you know Google Analytics® has started.
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Attracting Referrals
By Toni Grundstrom
Customers are your greatest marketing tool. When it comes to winning referral business you need to create an ongoing program to generate referrals from them.
Start with communicating with your customers to let them know you're open to receiving referrals. Ask at any 'point of contact' with your customers including in person, on the telephone, the back of business cards, or through your newsletter.
A great way to encourage referrals is to offer an incentive. Make sure the incentive is valuable to your customers. Remember they bought a certain item/service from you. Think of something that is complimentary to that item/service. The incentive will not only entice referrals but increase the value of being your customer.
It is a good idea to offer an incentive to your current customers to provide referrals such as a discount or rebate. When their friends or family members make a purchase or sign up for services they will receive a token of your appreciation.
When the customer finishes a purchase with you, the installation is finished, or your service is completed, ask the customer if anyone else they know needs the same product/service. A home improvement contractor, for example, could send a follow-up letter at the end of each project asking for feedback and include a section requesting referrals.
Customer service plays a heavy role in your referral business. If the customer has an issue but you resolve it quickly, and to the benefit of that customer, they will tell others about your assistance and refer you. When you have a good, solid working relationship and a happy client, they will tell others about you and your business. Your customers become your sales force and you get more
business.
Add this statement to any request for referral marketing piece.
Do You Know How Many People You Know?
Your family, In-laws, Friends, Neighbors, Business Associates, local coffee shop acquaintances, Church members, Sports team and those on the other team (only if you're a good sport!), Card Game players, and now online acquaintances. If any of your people need our products send them our way.
Affiliate and Reciprocal Referrals
Know what types of businesses are in your 'business circle'. These affiliates have direct contact with your prospects and can send them your way. As an example: A home inspector is a major influencer on home improvement companies since people need to fix what the inspector has found defective. On the flip side a real estate agent is a major influencer for the home inspector since many
homeowners ask the agent who they recommend to have the home inspected before they make an offer on it. Marketing to your influencers is necessary and is as important as the campaigns used to attract your own prospects. Identify your affiliates and call them to get acquainted. Build a relationship with them through sales and marketing tactics and see what you can do for them.
Identify businesses that can refer back and forth with your business. An example for reciprocal referrals is a heating company and replacement window business. A customer's windows have condensation on them and ruins the frame. The window replacement company fixes the windows and recommends that the customer get an air-to-air exchanger and recommends the heating company. On the flip side the
heating company installs an air-to-air exchanger in a house where the windows have had condensation on them and ruined the frames. They recommend the window replacement company. Build a circle of affiliate and reciprocal businesses and referrals will consistently come in.
For all business referrals create marketing materials that the influencer can give to the customers. The window replacement company could supply the heating company with a brochure on how replacement windows save energy. The heating company supplies the window company with information on why condensation forms on windows and how to alleviate it.
Keep your referral program on track by scheduling ongoing activity just as you would with your prospects and customers. Once you build a relationship with your business circle you don't want any of them to fall by the way-side. The way you handle the referrals you receive from the influencer will help solidify the relationship with them. Send out a thank-you note or make calls to them with
updates on how you appreciate the referrals sent your way.
The best way to keep referrals coming in and creating prospects for you is to ask for them. You already have the source, ask them for the referral.
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Branding - Business Identity By
Design
By Toni Grundstrom
Small Businesses and Solo Entrepreneurs need to build
their brand identity just like the large companies. People
are more likely to do business with you if they feel
comfortable with you and feel like they already know you.
When you sneeze do you ask for a 'Kleenex" or a tissue?
Are you thirsty for a 'Coke' or a cola? Consumers buy these
products just because they are familiar with them. When
you're a small business owner or solo entrepreneur the
product/service is you. It is imperative that you build
brand identity that creates familiarity of you within your
'niche' market.
Building your brand identity is important because people
support businesses and products that they are comfortably
familiar with and avoid the unknowns.
Here are some successful strategic branding ideas.
Personal experience creates a strong bond between you and
your customers. Your customer service needs to be extremely
personal so it creates an viral cycle. The personal
experience your customer receives will lead to 'word of
mouth' publicity.
Create a consistent and repetitive association of you in
your prospects mind. This can be achieved by using jingles
in audio advertising mediums, and logos, photos, slogans
and/or positioning statements in print advertising mediums,
press releases, brochures and especially your business
cards. Remember there is a back side to your business card
and that is valuable space to be used for brand marketing.
Be consistent in the look of your marketing/advertising so
it brands you and your company. People will be acquainted
with you based on that alone.
Get a professional web site with headers and footers that
continues your business identity using the same logos,
photos, slogans and/or positioning statements as you use in
print.
Write articles with content that is educational and
valuable for your customer. Put each article on your website
and invite visits to your site through your resource box.
Use your resource box to build brand identity.
Use article directories to publish your articles, with
your resource box pointing back to your website, to build
name recognition. This is absolutely FREE advertising and a
must for branding your business and yourself. When you sign
up as an author you have an opportunity to add your photo or
logo in your profile. Make sure you take advantage of this
opportunity for increased identity branding.
Here are a few article directories for your article
submissions:
www.articlesubmissions.com, www.marketingsource.com,
www.netterweb.com, www.womans-net.com
Brand your business by associating with and complimenting
other successful products to develop a quality reciprocal
link and partnership brand strategy on the Internet. This
will increase your exposure and business identity. There are
products you can use for this such as Arelis (http://axandra.com/index.htm)
and Zeus (http://www.cyber-robotics.com)
Build brand identity and stay in constant contact with
your customers and prospects by using an auto responder
service. Communicate frequently with your customers and
prospects giving useful and personal information. Always use
your same logos, photos, slogans and/or positioning
statements.
Frequency is another branding strategy. As an example,
create a postcard marketing campaign where you send out
pertinent information about your market or how you go above
and beyond the 'typical' customer service. These direct mail
postcards should be sent out at least once per month, if not
more, and have your photo and/or logo prominently placed.
Your brand is your promise. Make sure you, and anyone
associated with your business, can stand behind what you
have promised in your branding efforts and be able to
deliver on that promise. If you don't live up to your brand
promises your customers and prospects will feel alienated
from you and your company. This will damage your
relationships and your overall brand.
A consistent look for everything you do will design your
business identity. Successful small business owners and solo
entrepreneurs know the importance of branding their
identities into the consciousness of their niche. When they
are ready to purchase they will already know you and are
willing to buy your product or service. Never under estimate
the power of branding.
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Make
An Offer They Can't Resist
Toni Grundstrom
An offer is necessary to increase the response rate on
any advertising campaign. This tactic lowers the customer's
perceived risk of doing business with you. Direct them to
find more information on your web site, offer them something
they can pick up when they visit your store, or have an
exceptional guarantee. Your offer needs to entice the
customer to take action towards working with you or buying
your product and be a good fit with your advertising
objective.
You need to know what your objective is before you
present the offer. Advertising objectives are specific aims
or intentions (for example, to inform, to persuade, to
remind). Do you want to generate leads, build awareness,
increase response rates, generate sales, entice a customer
to take action or move them to the next step of the buying
process? Your advertising objective will determine your
offer.
The better your offer is, in your customer's eyes, the
better their response will be. Here are four tried and
successful offers to increase your response rate for any
type of advertising.
Free Trial. The quickest way to lower risk in your
customer's eyes is to let them use your product for a
limited time - FREE. Let your customer see how beneficial
your product is to deal with their certain issue. Follow-up
in a couple of days to reinforce how valuable your product
has been for them and that owning it is the next step. This
works well with any product.
Free Download. Ebooks are a great way to provide
information about your industry and how the customer's issue
can be resolved, both manually and by your product. Make a
category on your website for free downloads. Include the
Ebook, options for the latest news, updates, information,
helpful hints and suggestions.
Yes/No. For this offer you ask your prospect to
respond positively or negatively, yes or no. The interaction
between your mail piece and the customer can be affixing a
'yes' or 'no' stamp or checking a box. By doing this you
have engaged your customer and there is a greater chance for
them to respond to your advertising. It works because it
clarifies the need for a decision right away.
Payment Options. There are many ways to accept
payment or extend payment options. Everyone uses some sort
of plastic, credit card, or bank card. Accept this type of
payment by way of phone, mail, or the Internet. <br>There
will be customers who are short on cash. They look for
extended payment options, such as leasing or vendor-supplied
financing. Make an offer of interest-free financing in your
advertising.
These offers that have proven themselves as successful
over the years. They will assist in lowering the risk for
your customers and increase your response rate from your
advertising campaign.
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Target Marketing For Dollars
Toni Grundstrom
When you identify the people who need your
product/services and are willing to pay you for them you
have overcome one of marketing's greatest challenges. Target
marketing provides you the chance to send a specific message
to your niche, personalizing your message to satisfy their
unique needs.
Your target audience, or niche, are those individuals who
would most likely benefit from your offer and buy your
services or products. Taking the time to carefully "profile"
your target audience will improve the likelihood of
marketing success.
For your marketing to be cost effective you need to pick
a target audience, or niche, to focus on. Every person is
not going to be interested in your product/service so your
marketing dollars are better spend on those with common
needs and interests. By marketing to your target audience,
who already have a need for your services, you immediately
increase your marketing campaign's likelihood of success.
Narrowing Your Focus
Who are your existing customers and what common
denominators do they share? Your goal should be to focus on
locating more individuals that have those same common
denominators. There are several ways to narrow down your
target audience.
1) Demographics - Focus on a particular characteristic of
people. These can include their career, a hobby or interest,
their income level, age, marital status, etc. Collect
information about the people themselves.
2) Geographical area - Focus in on a particular
neighborhood, community, or geographic area. How far does
your product/service cover. If you sell your product online
demographics can include rural, urban, state, country, or
even P.O. Box.
Benefits of Segmenting a Target Audience
Increased marketing results. You will be able to focus
your message to address the unique needs of your niche. This
means addressing their common issues and explain
specifically how you can help them with that issue.
Decreased marketing cost. Targeting your audience means
you have a good idea of where to advertise. You can use the
smaller publications rather than expensive mass media. Your
niche is focused and smaller so fewer direct mail pieces
need to be sent. You can also afford to send out multiple
mail pieces to create frequency to get your audience to
remember you.
When one message is sent to any and everyone you can't
tell them exactly what they need to hear. Your marketing
piece will fall on 'deaf ears' because each person has
different motivations for buying, personal needs,
professional needs, wants, goals, and the like. What is an
effective sales piece to one person may be a complete turn
off to another.
The goal of your marketing is to get into the heads of
your prospects and figure out their needs, issues and
motivations. Why do they want or need to buy your
product/service and are there any objections and concerns
you need to overcome for them to purchase from you? The only
way to do that is to focus on your niche. If your general
message read, "I Am The Best Person To Buy Carpet Cleaner
From" your message will not even be noticed. Compare that to
"Your Stained Carpet Cleaned With Insti-Fresh In 5 Minutes"
sent to homeowners with pets or toddlers and they will
identify and read the rest of your message.
It may be necessary to create various sets of your niche
to target different segments. However, to do so, you need
different sets of marketing materials focusing on the
needs/wants of each of your different segments.
Now that you have completed your target marketing and
identified your niche you should look at its size. How big
your target audience is depends on your marketing budget and
how much income you want to generate. To do this, calculate:
-Your target revenue goal.
-Your average sales/customer.
-How many sales do you need to reach that goal (target
income/ ave sales per client)?
-How many prospects there are in your target audience?
-How many current clients do you have in that segment?
-What is your market penetration? (# of current clients / #
of prospects in area)
Once you have those numbers you can determine if your
target audience will bring in your revenue goal. Refer to
your marketing plan to ensure your market research has
selected the correct niche/audience and your message will
satisfy their unique needs. The more specific you are about
your target audience the better your chances for a
successful marketing campaign.
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Marketing On The Internet With
Articles
Toni Grundstrom
Article marketing is not a new Internet marketing tool.
This marketing tactic has proven itself to successfully
bring increased traffic to your website and, subsequently,
increased sales.
How does this work? The process is easy.
Write articles relating to your website and submit them
to "free content" submission sites. The process is easy to
do and it will take some upfront time but you know your
business. You know your product. You know the value of what
you sell for your customers. Put that knowledge in the form
of an informative article and it can increase your website
traffic, sales and subsequently, your income.
How can article writing boost traffic and income?
Every article you submit to a free content site contains
a link to your own website. If your article was valuable to
the reader they may choose to click on the link and pay you
an unexpected visit. The best way for someone else to market
your website is when a webmaster publishes your article on
their site for content. Your link remains active and the
visitors to that site can read your article and click on
your link. The more webmasters using your article, the
better for you.
Continue to write articles about your product, service,
or industry. As the list of your published articles grow
larger, and more and more of them are appearing on different
websites, the total number of links back to your site
increases. Ensure that all the links do not come back to the
same page. 'Deep links' means that each article links back
to a different page on your website. Choose the page that
closely coordinates with your article. The readers of your
article are already interested in that topic so linking them
back to your site, containing more information on the same
topic, keeps the reader as a visitor on your web site
longer.
If your site is into promoting a product or service, the
links that your articles have achieved will mean more
potential customers for you. Even if visitors only browse
through, you never know if they might be in need of what you
are offering in the future.
The second value of this is that the major search engines
are placing a lot of significance on incoming links to
websites so they can determine the importance of a certain
site. The more incoming links your website has from all your
published articles, the more importance the search engines
attaches to it. All the new link activity will increase your
website's placement in the search results.
Search engines do not just index the websites, they also
index published articles. All of the activity derived from
your articles gives you a higher ranking which turns in to
being closer to the first page when individuals search for
your product/service. There are other techniques you need to
know, including keywords and keyword phrases, to be as
successful with this marketing technique as possible.
If you think about it, only a few minutes of your time is
spent on writing one article and submitting to a free
content site. In a short span of time that article is
distributed to more sites than you can think of. Even before
you know what is happening, you are getting more visitors
than you previously had. Write more articles, get more
traffic. Consider submitting to several article directory
sites or use an article distribution service and really
watch your web site visits and your sales increase.
Take the time to write a series of articles about your
product, service and/or industry. Make them informative so
the reader will want to get more information by clicking on
your link back to your website. The time you spend will
create increased website visitors and sales.
Editor's Note:
Your words can turn into marketing gold, too. Click here to receive detailed information on this money-making product and hear an audio of how it works.
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Copyright 2007 Toni Grundstrom All Rights Reserved.
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