Archive for June, 2008

Small Business Ecommerce Link Digest - June 13. 2008

Friday, June 13th, 2008

Much ado on the Interwebs this week revisiting favorite thinks topics. There’s no time to waste. Let’s get right to it.

That’s all for this week Big Thinkers. See you again on Monday.

And remember, be sure to subscribe to thinks to never miss an update.

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Are the critics right? Is social marketing not ready for business?

Thursday, June 12th, 2008

Is social marketing overblown? Some critics claim that we’re reliving the late ’90’s, with hype replacing reality in choosing marketing channels. More importantly, is social marketing the right choice for your business? Probably. But let’s give the critics their due. Let’s consider why it may not be first.

Most conferences or discussions these days concerning social media ask the same question: “Is anyone making any money with this stuff?” And the answers often sound something like this: “Well, it’s more about customer engagement than revenue…” or “No, but, you should see how many ‘friends’ we’ve got on Facebook.” Hmm… not very encouraging, is it?

Worse, it’s fair to ask whether these tools are even ready for primetime. Whether it’s Facebook’s Beacon issue some time back or Twitter’s recent outages, it’s certainly understandable that some would think these tools provide limited value as a service and would question their utility and their business value.

These questions represent legitimate critical thought, legitimate concerns. What’s important is understanding the difference between constructive criticism - critical thinking - and what Bryan Eisenberg calls “BPU’s” or “Business Prevention Units.” BPU’s are folks who want to stop you from moving your business forward. If the people you’re talking to - like your partner, attorney or accountant - want to know how social media will benefit your business, that’s a Good Thing. If they’re telling you, “it’s stupid,” or “it will never work,” they’re probably functioning more as BPU’s than critical thinkers.

Here’s one example. This past weekend I watched an outstanding documentary about Pixar Animation. And one of the key moments in the company’s history revolved around hiring John Lasseter. Disney fired Lasseter because traditional animators were concerned computer animation put their jobs at risk. The animators - and their supporters in management - thought their job was drawing pictures, not telling creative and compelling stories using any variety of tools. That’s a common problem. For instance, Seth Godin had a brilliant observation about putting tools ahead of your business about a week ago. So Lasseter left Disney, got hired by Pixar and went on to rule the animation world as writer and director of the huge hit films Toy Story, Toy Story 2, A Bug’s Life and Cars. Oh, and when Disney acquired Pixar, they made Lasseter their new chief creative officer.

All that said, it still doesn’t answer whether social marketing makes sense for your business.

It’s true that few companies are making much money through social marketing tools. But Dell has sold $500,000 using Twitter. Search Engine Land often shares success stories of small business owners, most recently here. Hell, even my company has had modest success with Twitter, and other social tools, too.

The point is, these things are tools. You’ll get out of them what you put into them. So, understand where your customers are, set your goals, then look at the tools and techniques that work for your business. You can test the viability of Twitter, Facebook, LinkedIn, widgets or what-have-for very low cost. It takes limited investment of time and limited investment of money. Track your results. Find your own answers. And don’t let “the critics” get in the way of doing what’s right for your business.

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When does marketing become sales? (Guide to Small Business Ecommerce Strategy)

Tuesday, June 10th, 2008

One of the more interesting observations in Josh Catone’s Read/Write Web discussion of “6 Ways to Sell Your Stuff Online” is how effortlessly he switches between sales channels (Etsy, self-hosted storefront) and marketing channels (classifieds, social networks). The internet, more than any medium that preceded it, has blurred those distinctions dramatically. Take a look at this:

is-it-distribution-or-marketing.png

You’ve got paid search, natural search, images, prices, customer reviews, customer ratings, meta-search, copy and maps all on one page. This isn’t some beta product. This is real. This is right now. And it’s not limited to travel:

google-marketing-distribution.png

As we’ve noted here before, you need to understand the right sales and marketing channels for your product. Yesterday, I talked about using a social tool, Twitter, to find a customer and lead to a sale. We’ve even looked at search engines as a distribution channel. Each of these channels has a cost, some of which you can track directly back to the sale and some of which are harder to measure. But - especially in small business - if you’re responsible for marketing and think sales isn’t your job, you’re not doing your job. And vice versa.

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Can you find new business using Twitter?

Monday, June 9th, 2008

Still up in the air about tools like Twitter? Not sure if they’re right for your business? Sure, I’ve been a big fan for some time. But social media guru Scott Monty and I both learned a fair bit more about using Twitter as a sales and marketing tool last week. Scott Monty tells this story about using Twitter to find a hotel last week. My company helped him find the hotel. Now, I didn’t originally follow Scott on Twitter to sell him - or anyone else - hotel rooms. He didn’t follow me on Twitter to buy hotel rooms. In fact, he didn’t follow LuxRes - who got him the hotel - at the time he sent out his call for help:

@hotels-tweet.png

Scott simply reached out to his network and found a number of folks willing to help him. Notice the number of people Scott thanks in his post.

And that’s why we use Twitter. Because it’s a great way to learn from each other and from the community at large. It’s a fantastic way to make new connections and deepen the relationship with old ones. And, every so often, someone will give you inspiration for ways to grow your business. Read Scott’s tweet one more time. “This would be a great time for the hospitality industry to establish a @hotels account and shoot me some available properties.” How many times a day do your potential customers shout out loud, “Why can’t someone in <insert industry here> help me solve my problem?!?”

Trick question. Your customers ask for help all the time. Tools like Twitter simply help you listen more effectively.

Not sure where to start? First, search on Summize for things that matter to you, for instance, marketing, small business strategy or customer service. Read the results. Then sign up for Twitter and follow a handful of people who most interest you on those topics. (Don’t be afraid to branch out, either. You can even follow people who talk about your favorite sports team or, yes, cool travel destinations). Join the conversation. Talk about what interests you. Ask questions. Listen. Learn.

The point is Twitter is a great tool. And like all tools, you get the most from it when you use it well. Sometimes you’ll get new friends. Sometimes new information. And, every so often, new customers.

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Small Business Ecommerce Link Digest - June 6, 2008

Friday, June 6th, 2008

Happy Friday, Big Thinkers. Good to see you all again. Once again, the crack staff here at thinks has scoured the web to provide you with the stuff most worth your time this week. Enough dilly-dallying. Let’s get right to it.

That’s it for this week, everybody. Look forward to seeing you all back here next week.

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Search Engine Optimization: An Hour a Day (Book Review of the Week-ish)

Thursday, June 5th, 2008

  Search engine optimization (SEO) is not dead. I don’t care what ShoeMoney says. And no one makes a stronger case for search engine optimization’s continued survival - and importance - than Jennifer Grappone and Stephanie Couzin in the second edition of their book Search Engine Optimization: An Hour a Day.

Businesses large and small can use the practices of search engine optimization - keyword research and selection, landing page design, copywriting, and development practices - to attract more visitors and to turn those visits into sales.

Grappone and Couzin walk you through a 3-month plan designed to help you achieve both better positions within search engines and the business results that follow. As with the first edition of the book, after finishing - and frequently while reading it - I said, “Screw this ‘3 months’ nonsense! I’m going to lock myself in my cave and do this in one weekend!” Clearly, this is neither healthy nor effective. More to the point, it also doesn’t establish SEO practices as a discipline. So, while Grappone and Couzin offer a number of shortcuts for the Type A’s in the audience, their method aims to tame the madness.

Of particular note, the book looks at the specific of different types of sites - e-commerce, blogs, and non-profits alike - to determine how to best effect results. Their plan will help your organization - not matter its type - to get the most out of your site.

No, search engine optimization is not dead. And with authors like Grappone and Couzin on the scene, it’s not going anywhere soon. Following their advice may not guarantee you top spot the Google; But, you can expect greater business benefit from your site overall. Guaranteed. And that’s well worth what you’ll pay to buy this book.

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