Why Internet Marketing Works

While I’ve never been much of a numbers guy, I’m amazed about how easy Internet Marketing is because absolutely everything can be measured. So your goal is to figure out what to measure and then measure it.

And the beauty of it is that small changes can reap LARGE effects. Let’s say that you have a paid search campaign. You want people to rent a tuxedo from your store instead of your competitors. You can set up a paid search campaign – such as Google AdWords – to drive traffic to you site. At Google you identify when your ad will appear based on search words. So you say I want the ad to appear when people search for “prom”, “wedding”, “tux”, or “tuxedo”. Easy enough.

Not let’s say you start running this campaign and you find that for every 100 clicks (and you pay for every click) you get three tuxedo rentals. To make this a profitable venture for you, you determine that you need at least 5 rentals for every 100 clicks but you’d much prefer 10 or more.

Now that you have the traffic coming, you need to look at why more folks aren’t converting. With some of the nifty tools Google provides, you can do split testing. So you look at your landing page (the one you direct folks to from Google) and decide to keep the existing page as one version of the test. Then you make a small change – perhaps a differently worded call to action – and set that page as the second version of the test.

Next you turn on the test and then as people click through to your site, you can calculate which call to action is getting more business. Once you’ve got enough data to determine which is better, eliminate the underperformer and use the better one. If you change your conversion rate from 1% of visitors converting to customers to 2%, you’ve doubled your business. Pretty good ROI!

Repetitive Unproductive Practice

Lather, Rinse, Repeat

But don’t stop there.  Like my shampoo bottle says, “Lather, Rinse, Repeat.” If you’ve found that one call to action gets more conversions, what if there is yet another that will triple your conversions? Build another page to test. And often its not the call to action. It could be the image you use or the attention getting headline or the copy leading up to the call to action.

Since you can measure each step of the process, you can measure your ROI at every step and set yourself apart from your competition.

And that is just with Paid Search. The same holds true with Organic Search and even Social Media Marketing.

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Starting at the Top

To be successful in Internet Marketing or in any endeavor, it is important to think big and to face down the fear of failure. I’ve been thinking a lot about this lately. Hopefully this little story will make sense.
My family plays pitch. We not only play it, we’re very very good at it. The last time we were all together, my brother began teaching the exchange student staying with my other brother how to play. Some members of our extended family play very conservatively and seldom win. They know the rules inside out but when they look at the cards, they only see what is in their hand, not what the possibilities are for their team or for their hand based on what others might have. And as I said, they seldom win.
The way my brother was teaching this young lady was so that she could start at the top. Rather than learning the rules and taking baby steps in learning how to bid, he taught her how to bid aggressively so that she could play a strong hand at a strong table successfully.
I think the same kind of thing applies to business in general and to Internet Marketing specifically. There are many things that go into excellent Internet Marketing but it is not only what you see in your hand. Look at the opportunities available and consider how they fit in with your plan. Where do the synergies lie? How can you capitalize on the strengths of the media you’re using? The goal isn’t to learn how to be an Internet Marketer. The goal is to win at Internet Marketing.
Find the right mentor(s). The exchange student was lucky. Her mentor was teaching her how to win, not how to play. Find mentors that have PROVEN success in their industry. There are dozens of folks out there who claim they are gurus and experts. Ask them for the proof and then double-check it. For example, we’ve been around since 1998 and have been growing nearly every year. We’re ranked high for our key words. We actually get business because we’re found on the search engines. We work hard to practice what we preach.
We aren’t in this to “play the game”. We’re here to help other businesses excel on the Internet.

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Plan for Internet Marketing

Internet Marketing, like any kind of marketing, needs to fit into the bigger picture of what you are trying to accomplish. There are three questions you need to ask yourself with any kind of Internet Marketing Campaign:

  1. How does this campaign fit into our overall marketing goals?
  2. How will we measure success?
  3. What step(s) do we want people to take?

ONE: Fitting your campaign into your overall marketing plan assumes you have an overall plan. If you don’t have one, get one. You’ll never get where you want to be if you don’t have a plan to get there. Stop and consider what your business goals are, determine what marketing you need to do to help you get there, and then determine what piece of the marketing pie will be Internet marketing.

TWO: A key component of your success will be determining at the outset what you are going to measure. Long ago I had a customer leave because his web site wasn’t getting him any business. So I asked where he was getting his business from. As it turned out, he wasn’t really tracking any of that stuff so he didn’t really know where his business came from – and therefore didn’t know whether he was getting any business from his site or not. What’s the moral of the story? He didn’t measure anything in his business and he’s no longer in business.

THREE: There are all kinds of measurable steps you can have on your web site. Of course, if you have an ecommerce site, the best step is to make a sale. But if the customer isn’t ready to buy, you can get them to sign up for your newsletter (another measurable step) or click to the next page for more information (this too is measurable). I’m sorry but “The purpose of this page is to educate” is not a step nor is it measurable. If you want to educate them enough that they want to call you or fill out a form, then it is measurable but “educate” is not a step.

Think through these questions with answers backed up with data and you’ll be on your way to success on the Internet.

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Twitter Done Right

Twitter isn’t all fun and games. There’s some serious business happening among the tweets about Tiger and Charlie and what your accountant had for lunch. Business people want to know, “How can I use Twitter to build a following and promote my business?”

Twitter Done Right! is EduCyber’s January seminar that will teach you how to harness the power of tweeting to build traffic for your business. In this fast-moving seminar, host Brian DeLaet will teach you:

  • How to create a plan for promoting your business on Twitter
  • Who to follow and why
  • How to build a following for you and your business and turn that following into customers
  • Real examples of how businesses have used Twitter to explode their sales.

In other words, you’ll learn how to do Twitter right!

Register online at http://www.educyber.com/upcoming-seminars.php

(Space is limited, so call today!)

When: January 28, 2010

Time: 11:30 am – 1:00 pm

Where: 4251 Kipling St., Suite 190, Wheat Ridge, CO 80033
(2nd Floor Conference Room)

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Evaluating your Social Media Campaign

Question 10 of 10 Essential Questions for Your Social Media Marketing Campaign is “How do I evaluate the results?”

If you planned properly this is an easy question. At the outset you should have set a measurable goal and set a time period. So now all you have to do is, when you hit the milestone set, look to see if you reached your goal.

In our first question we talked about setting goals and what those goals might look like. The funny thing about goals though is they often change. And that’s ok. The important thing is to continually set, measure and reset your goals.  If you had said you wanted to get 200 new subscribers to your newsletter over a two month period and you hit 250 after one month, it would be a good idea to evaluate after one month and change the goal to, for example, 700.

If you only had 20 new subscribers after a month but three of them converted to customers, you might reset the goal to 50 and add a new goal of converting 10 of them to customers. But if you haven’t set a goal, how do you know if you reached it or not?

Other things you can measure as a part of your evaluation of a social media campaign include:

  • Number of Facebook fans
  • Number of re-tweets onTwitter
  • Number of profile views on LinkedIn
  • Number of views on YouTube
  • Number of click throughs from any social site to your actual web site
  • Number of new newsletter subscribers
  • Number of new customers

Note that new customers is only one measurement. And it is probably not the most important at first. Of more importance is how you engage and interact with the “friends”, “followers”, “connections” or other social media friends in order to build your network over the long term.

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Your Company Reputation and Social Media Marketing

Question 9 of 10 Essential Questions for Your Social Media Marketing Campaign is How does my company reputation fit into Social Media Marketing. If you haven’t figured it out by now, it is ALL about your reputation.

Social Media Marketing is about engaging others and building long term relationships with others.  This enhances your reputation as a company and establishes you as a player in the long term plans of your potential and existing clients.

There are specific things you can and should do to both monitor and build your reputation:

1.       Set up a Google Alert (www.google.com/alert) for your company name. You can try it with or without quotes to see what kind of results you get.

2.       While both Google and Bing have agreements to include twitter in their results, we still recommend setting up a twitter account to monitor your company name / reputation on Twitter. TweetDeck can be used to do this. Monitter.com can also be used to help you do this.

3.       When your company is mentioned online, engage with the mentioner, whether the mention is good or bad. If the comment is negative, see if there is some way you can reach out and change their mind or provide some kind of remedy.

4.       If your company isn’t mentioned or isn’t mentioned much, don’t quit. Engage and you will find that it will begin to be used.

5.       Set up a Facebook fan page for your company. Plan what you want to happen and make sure you implement your plan.

Why do it? Facebook has 300 million plus users. Twitter has around 60 million users.  You won’t find all of them becoming your customers but you will find a sizeable number that you can interact with to broaden your network.

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Business Owners Ramp Up Their Internet Marketing Knowledge Through AdvanceMy.biz

“Drive thy business or it will drive thee.” – Benjamin Franklin

Business owners know they need to keep moving their businesses forward to find new clients and new markets. Those who are serious about online marketing face the challenge of either researching the internet to learn about Search Engine Optimization, Facebook and Google Adwords, or paying consultants to do the work for them. Many are frustrated by wanting to promote online, but don’t know where to begin.

Brian DeLaet of Educyber understands their frustration. “Internet marketing changes constantly, and most business owners don’t have the staff to constantly research the best ways to market online. That’s our business. We’re on top of all the latest trends in online marketing and we make that knowledge accessible to business owners through our new site, AdvanceMy.biz.”

AdvanceMy.biz is an online site for business owners to learn how to promote their business online and learn from each other’s problems and also from their triumphs. The AdvanceMy.biz staff and our affiliate internet professionals provide an evolving curriculum of the latest in internet strategies and tools that will quickly ramp up your online marketing efforts.

The courses are geared to three levels – the total beginner, who’s looking to get started, the intermediate web marketer looking to gain more knowledge, and the almost-expert who wants to create and run an online campaign.

To celebrate the opening of the site, new members pay ½ price for the first two months. Sign up at http://www.advancemy.biz. Questions? Email info@advancemy.biz.

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Mixing Personal and Business in Social Media

Question 8 from 10 Essential Question for your Social Media Marketing Campaign:  “How personal does the SOCIAL part need to be?” is one of those “It depends” kind of questions.

While delivering a seminar on Facebook not long ago, one of the attendees remarked “But what if I don’t want to connect with people from my high school? There’s a reason I don’t live there anymore.” That made me stop because until then I’d been a proponent of “laying it all out there.”

The easy answer to the question is it can be as personal (or impersonal) as you want it to be.  Here are my tips for determining how personal you should be:

  1. It’s called SOCIAL media marketing so you should share some personal information
  2. Go ahead and post your birth DAY but not your BIRTH DATE – why make it easy for identity thieves?
  3. Post negative comments with extreme caution – they can come back to bite you if you’re not careful
  4. Tell us about your family in the same way you’d share with someone at a networking event
  5. Keep your marketing goals in mind lest you find yourself adrift in social cyberspace
  6. I aim for around 30% personal and the rest focused on business but that shifts from Facebook (much more personal) to Twitter and LinkedIn.
  7. At the risk of repeating myself, establish a goal and stick to it. Post it on your monitor so you stay focused and don’t end up with 100% social and 0% marketing.
  8. Be creative. Look for ways that your social life mixes with your business goals so that while posting personal information, you’re also drawing attention to your business or business goals.
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Tools to Improve Your Social Media Marketing

Question 7 from 10 Essential Questions for your Social Media Marketing Campaign: ” What tools are available to make my time in SMM more efficient?” can be answered in different ways.

There are tools and then there are tools. Every day there are thousands (yes thousands) of blog entries and tweets about all the wonderful tools available to help you leverage your Social Media Marketing time to maximum advantage.

This isn’t another one of those messages. Instead, let me tell you about two that I use and point you in the direction of finding others.

The tool that I use to tie things together is Friendfeed. Friendfeed lets you tie your various social media accounts together in such a way that you can post once to one account and the post will automatically be updated across all your accounts.  What does “all your accounts” mean? Friendfeed can talk to your blog, to Facebook, LinkedIn, Twitter and YouTube to name a few. If you use pictures, it can talk to Flickr and to Picasa. If you are into bookmarking and news, it will talk to delicious, StumbleUpon, Digg and Google Reader. In fact, there are currently 58 different sites that can be tied together through Friendfeed.

That sounds a bit overwhelming.  It doesn’t need to though. You can start with just a couple and still save time by using Friendfeed. Then when you’re ready to add, you can do so and tie them into Friendfeed as you add them to your repertoire.

The second tool I use and like is TweetDeck. While it sounds like it is just a Twitter application, it actually ties into Facebook and MySpace as well, allowing you to post once but push it to all those accounts. I only use it with Twitter but even then it helps. I have a personal account twitter.com/edubrian and a corporate account twitter.com/educyber and I can post to either or both at the same time through TweetDeck.

The power of TweetDeck comes from being able to create groups. I follow more than 1400 people but it works its power even if you follow a handful. For example, you can create a group called “My Industry” and add the people from your industry into that group. You can create a group called “Customers” and add your customers to that group. And so on. The simplicity of that makes life easier and will likely encourage you to follow more people because the flow of Tweets becomes more manageable.

What else is there?

Here are just a few links I found:

42+ Social Media Marketing Tools

4 tools for easier social media management

35+ Social Media Tools That Make Life Easier

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Finding a Niche for Your Social Media Marketing

What niche social networking sites might be useful for my goals?

Question 6 from 10 Essential Questions for Your Social Media Marketing Campaign brings some interesting insights that you might not have contemplated. Everyone knows about the big sites:

But what about the little sites (or even not so little sites) that might be tailored to your needs?

Authors, for example, should take another look at Amazon and see how they can use their author account to generate more buzz around their book right on THE site for book selling.

Other sites that you might find useful (not as big as the ones above but still pretty well known) include:

Each of these sites has its own orientation and purpose. For example, flixter.com is designed so you can share your movie review with friends. Depending on your business and what you are trying to accomplish, this could be a great way to connect with customers or vendors and share information.

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