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email marketing

RSS logoLast week, Google announced it’s shutting down the much-loved Google Reader. As often occurs in these cases, the Internet—including me—lost its collective mind.

Why?

Well, without going into an overly detailed explanation of what RSS is, (you can check out Common Craft’s great introduction if you need it), RSS often brings “significant” traffic volumes to many blogs and other websites. And it’s an enormously helpful tool for knowledge management.

Except, you’ll notice I put “significant” in quotes up above.

Again, why?

Well, near as I can tell, Reader actually isn’t bringing me all that much traffic. Nor much to other sites I monitor regularly. And MG Siegler at TechCrunch notes that Reader is the #4 or #5 referrer to the site, accounting “…for a little over three percent of all visits.”

Um… what? 3%? That’s “significant”?

Now, as Siegler rightly notes, the folks using Reader may in fact represent a particularly influential category of users, far more likely to tweet and share and like and link. His “honeybee” metaphor underscores that the loss of this traffic may cause declines far out of proportion to the actual number of visits or visitors.

But, if your site’s traffic depends so heavily on only 3% of your total audience, I suspect you’ve got a much bigger problem.

I often talk about the value of developing an overall web presence, one that leverages your website, email marketing, and social channels to connect and communicate with your customers. In fact, I just dedicated a recent episode of Thinks Out Loud (our podcast), to building your web presence in detail and during that episode I noted the following three types of media:

  • Owned media
  • Paid media
  • Earned media

Owned media, of course, represents channels you actually own, such as your website or your email list. Paid media covers those channels you trade one thing for (usually money) in exchange for exposure. It includes such items as print and broadcast media, search engine marketing, banner ads, and similar efforts. And earned represents the likes and links and shares and tweets we all covet and work to build through our content marketing efforts.

Now, it’s common to think of RSS subscribers (and Facebook fans, Twitter followers, Google+ friends and the like), as “owned.” But they’re not. They’re “borrowed” or “rented” or “leased.” If any RSS reader decides to shut down (as Google’s doing with Reader), those subscribers, theoretically, go away. Forever. (The same is true for the folks following you on Facebook, Twitter, and Google+, which is why I often argue against using these tools as the primary component of your web presence).

Your job in Internet marketing isn’t just to build your audience, but to build an audience you can keep over the long haul. Google shutting down Reader is a bummer, but it’s also an opportunity: to convert “borrowed” traffic to “owned.”

Over the next few months between now and July 1 (Google’s official shutdown date for Reader), create a few posts encouraging your Reader subscribers to subscribe to your email newsletter and to bookmark your site.

Additionally, now might be a good time to de-emphasize the importance of RSS subscriptions on your site and instead highlight your email newsletter (I’ve been doing the same for the last few months and will ramp up those efforts in the coming weeks).

In my experience, not only do these “owned” channels grant you more control, but visitors delivered via these media spend more time on site, view more pages, and convert at higher rates.

So, yes, Google Reader shutting down kind of sucks. Personally, I’m going to miss the value it provided me. And, yes, it’s possible that the potential loss of traffic from Reader could have downstream, “honeybee” implications. But you can take action to mitigate these risks by moving your customers from “borrowed” media channels to “owned” and by ensuring your web presence actively works to grow your email list. In the long run, a successful web presence cannot rely on channels it doesn’t control. Take this opportunity to improve the value of those “owned” channels to your business—and to your customers.

Interested in more? Sign up for our free newsletter and get more information on how to build your social, local, mobile marketing strategy. And, if you’ve got a minute, you might enjoy some past coverage on building a successful web presence:

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Mistakes happenYesterday I recapped my Finding and Following Your Customer’s Digital Footprint Twitter chat and I mentioned the following points:

  • Have a clear sense of what’s your data (aggregate usage information, opens, clicks, shares, retweets, etc). vs. customers’.
  • All personally identifiable information (PII) belongs to customers, always. Handle with care.
  • If you’re uncomfortable telling customers how you plan to use their data, ask yourself whether you should collect it at all.

Well, I got an email asking why these concepts are so important. I’m not going to quote the email in full (I want to protect the guilty on this one), but, as the writer asked,

“I’m not saying I want to be ‘evil,’ but what’s evil about trying to grow my business? How am I supposed to contact prospects if I’ve got to ask their permission all the time? Isn’t the point to drive more revenue?”

I’m going to answer these in reverse.

First, of course the point is to drive more revenue (assuming, of course, you’re a revenue-focused organization; if you’re not, insert your “business” metrics where you see “revenue,” “profit,” etc.)

But the point isn’t to drive more revenue today with no thought for tomorrow.

Yes, we live in an instant gratification society, one focused on immediate earnings and early exits. I myself am fond of saying that marketing is next quarter’s sales. But you can’t sacrifice your future for short-term gain (well, you can; I’m just saying it’s a bad idea).

This isn’t just “touchy-feely,” holier-than-thou stuff, either (though I’m getting to that in a minute. There’s a practical reason for this approach. Finding customers is expensive. Really expensive, in fact. So a customer who buys from you just once isn’t a great investment. Instead, you want to cultivate longer-term relationships with people, earn their trust, and also earn their repeat business. It’s much simpler to sell to people you’ve sold to before. And that’s much easier if you’ve demonstrated that you take their concerns into consideration.

It happens to be the right thing to do. But it’s also a good business.

Now, the second reason is this: It’s not your data.

Your customers entrust you with a limited amount of information, for a specific purpose. You should use it for that purpose and only for that purpose. If they want it back, or want to opt out, or want to move on and not hear from you any more, that’s their right. How would you like it if I borrowed your car, then wouldn’t give it back when you needed it? Or if I trashed it, spilling chili dogs and Diet Cherry Pepsi all over the floor?

So why do you think it’s OK to treat their data that way?

Seth Godin once wrote a fantastic book, called “Permission Marketing” about this very topic. It’s a little dated, but it’s well-worth the read. For me, it’s still the gold standard. And the reason is because, like all fundamental truths, they really don’t change over time.

So, yes, work to grow your business. Do what you can to drive your revenues. And feel free to push for better and better results. But do it in a way that’s good for your customer today and good for your business tomorrow.

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Digital marketing new year's resolutionsI’m not a big fan of New Year’s Resolutions. I think it’s more important to evaluate yourself and your progress towards goals all throughout the year. At the same time, holiday downtime offers a fantastic opportunity to review where you are and where you’re going.

With that in mind, I thought I’d share several goals/resolutions for the coming year for my business that might work well for you (and feel free to keep me honest about how I’m doing throughout the year, too):

  1. Offer more valuable information to customers. Customers look for information that helps them solve a problem. They search and they struggle to find answers to their questions. And those searches, shares, likes and links help you understand what’s important to your customers. For instance, your most shared posts of 2012 showed people increasingly looked for information about digital marketing fundamentals, mobile, customer behavior, analytics and e-commerce. As such, I’m going to increase the amount of information on those topics for you. For starters, I’ve partnered with Mike Moran and Rob Petersen to create Biznology Jumpstart Workshops, digital marketing training programs designed around solving existing business challenges. The first offering focuses on search marketing and analytics and we’ll be adding more over the coming months. The information your customers will be different. But you can be sure whoever in your industry does the best job of helping customers find that information will win in 2013 (and beyond).
  2. Grow your email list. As I noted in my podcast a few weeks back, email remains one of the strongest marketing tools around, particularly given the growth of mobile. Offer your customers value to get them to subscribe to your email list. (Oh, and while you’re at it,
    subscribe to our newsletter, too).
    Just remember that the customers who have asked to hear from you typically engage more often, for longer periods and, most importantly, spend more. Your email list is only dead if you kill it. So let’s all focus on getting the most out of email this year.
  3. Listen. Finally, nothing’s more important to your marketing success than listening and understanding your customers’ needs. And while I’ve talked about this for a long time (for instance here and here), I need to remind myself to listen to what customers have to say, too. So, expect to see me listening and engaging on Twitter and LinkedIn (as well as here on the blog and a few other sites) over the coming months.

What are your resolutions or goals for this year? I’d love to hear what you think. Drop a line in the comments below and let me know what you’re looking forward to ini the coming year. And thanks as ever for reading.


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Getting Ready for 2013? Some Tips to Consider (Small Business E-commerce Link Digest – September 21, 2012)

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Some tips to get you started with your 2013 marketing and social media planning.

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5+ quick tips to improve your online marketing

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Want to get rich quick? Too bad. There’s no such thing. But we can help you grow your business at a reasonable pace with these social, SEO, Facebook and Pinterest tips.

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Biznology: What’s the most important marketing skill for 2011?

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What’s the most important marketing skill? My latest post for Mike Moran’s Biznology answers the question.

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