Category: EduCyber

Should You Quit?

What do you need to quit?

Since I finished reading Seth Godin’s “The Dip” this week, I’ve been thinking a lot about quitting. No, I’m not quitting my business – I love what I do, but I am thinking about what tactics I’m using in business that aren’t working and determining how and what to quit.

Sounds easy right?

Think again.

It was easy for me to tell a customer not to spend time and money redesigning his site but instead to spend that same amount of time writing blogs for his site. He wants to increase visitors and getting good content out there via his blog is the best way.

But the hard part is determining what is working. I’m considering joining a new networking group. One person I spoke with said in nine years that he never got a customer from the group. But in this, his 10th year, he got two and for his line of business, that is an excellent ROI.

I’ve had a similar experience, participating for years in a group before my investment pays off. So how do you know what to quit and when? How do you know when to stay, to gut it out through the dip because the reward is so great?

Seriously. How do you know?

Share your thoughts.

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Recovering From Poor Internet Marketing

I have a friend who lies paralyzed in a hospital bed. A short while back he was involved in an accident and he will never walk again. I stopped by to visit him today. He was sedated but the good news is he has a tracheotomy. That never before sounded like a good thing but for him it is allowing him to breathe without having a tube shoved down his throat. It keeps other bacteria from following that tube right down into his lungs, and it is, the doctors believe, a step towards getting him to breathe on his own again. In short, for my friend, having a hole in his throat is a step towards recovery.

What does that have to do with Internet marketing? Last week I spoke with a client who is running his own AdWords campaign and is quite frustrated because “every time I turn it on it costs me $530 every two weeks” but he’s not getting a return on his investment.

Here’s what I told him he should do:

  1. Have us do an audit of his AdWords campaign. Since he’s not an expert and since he has a business to run, he doesn’t know all the ins and outs of a paid search campaign such as how to set it up for long tail search or whether it actually makes sense to have a different campaign for each city he’d like to get business from.
  2. Have us do a local search campaign for his business. With the tools provided through Google Local Business Center and Bing Local Search, as well as sites like Yelp, CitySearch, BrightKite,  and Gowalla, there are many things a geographically based company can capitalize on. But it has to be done well and consistently.

While he’s still thinking it over, I’d like to tell you why he should choose one or the both of these.  Until now he’s been paralyzed with the urge to stop throwing money away. By choosing either or both of these solutions he’ll be taking a step towards recovery.

And yes we would appreciate your thoughts and prayers for my friend has he faces a long road to recovery ahead but he is making steps, small though they may seem, towards getting better.

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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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Thankful

It’s time to pause and give thanks. As the pilgrims thanked God for surviving and for all their blessings at the first Thanksgiving, we also thank God for surviving and for all of our blessings.

We are thankful for living in such a great country where we are blessed to be able to start and run our own business

We are thankful that we have been able to not only survive but continue to grow as we have been since we started in 1998

We are thankful for our customers in the Denver area and around the country – thankful for their patronage and for choosing us as their technology partner.

We are thankful for burgeoning growth on the Internet as more businesses discover how to move on to the Internet and those already there look for ways to innovate further.

We are thankful for dedicated staff that help us continue to grow and to service existing clientele.

We are thankful for family, friends and colleagues that surround us, enrich our lives and care.

We encourage you to set aside time this week to reflect and give thanks for your blessings and we thank you for being a part of our experience.

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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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Email Scams Proliferate

Lately we’ve been getting bombarded with email scams. Beware and DO NOT click on these unless you communicate with network administrator (call us if you don’t have a network administrator: 303 268-2245).

One message has a title like this: A new settings file for the <youremailaddress> mailbox has just been released and it was a bogus link that you are supposed to click on. DO NOT click the link!

The second message we’ve seen has this subject line: Important – System upgrade and it also has a link that you should not click under any circumstances.

Beware, be aware, and be safe on the Internet.

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Finding the Best Social Media Sites

What media (or sites) are best suited to my goal?

Once you have determined what your goals are, it is time to determine which social networking sites will best help you meet those goals. There are literally hundreds of social networking sites available to you. Outside of three or four though, they all are designed to serve specific niches. The major sites that are available are:

Facebook: Until recently we recommended Facebook primarily as a Business to Consumer web site for Social Media Marketing purposes. No longer. You can create your own “Page” for your business and invite your connections to become “Fans”. When they become a fan, it appears on their profile which can get others to join and so on. Once established, you have the ability to interact with your fans, through posts to the page, events, importing your blog feed, and starting discussions.

Facebook can also be very good if your business targets consumers. One colleague who runs a travel company simply posted on his account about an upcoming overseas trip and got several new customers. The power of searching and matching makes Facebook powerful indeed. The matching comes in when Facebook suggests people you might know or other things you might like. As a business, you can target that matching by the kinds of content you write about. You can also try the Facebook Ads to target consumers.

LinkedIn: This site is definitely a business to business web site. If your goal is hiring people, LinkedIn could be a very good resource. It can also be a great way to connect with people in your industry or market so if your goal is to stay abreast of trends and innovations in your market, LinkedIn could be a good fit. We have found LinkedIn to be a very good way to stay on top of trends but also to connect with potential clients and with power partners. If extending your network beyond your physical reach is a goal, then this would be a good way to attack it. Basically, LinkedIn is an ideal social media site if your target is other businesses. It might also be within your goal if you need ot interact with others in your market segment.

Twitter: Twitter is still just a baby but is growing quickly. As such it is difficult to have long term goals for what you want to accomplish via this site. Having said that, we recommend it for both B2B and B2C purposes. If your goal is to get more exposure and learn of the latest trends it can be very helpful. If even 1/10 of the folks who claim they’re making millions on Twitter are close to the truth, it can fit into a goal of increasing sales to consumers as well as reaching out to businesses and consultants that need your goods or services.

What other sites should you consider? Do a search for social networking websites and you’ll find plenty of places to start but some other large ones include Plaxo, MySpace, Meetup and Ning. Another class of social media is social bookmarking. Sites to consider for bookmarking are StumbleUpon, Digg, Reddit, Delicious and Technorati.

You can just jump in to Social Media Marketing but if you first determine your goals and then determine which sites will help you reach those goals, you will be more successful.

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Making Money in Tough Times: Five Tips to Stay Ahead

Is your business growing? Why not? If historical trends hold true, we should be coming out of the recession soon. Wouldn’t you rather come out poised to grow instead of scrambling to keep up?

There are lots of things you can do to make money and grow, even when a recession might tempt you to shrink or think small:

  1. Look at your web site through the eyes of your customers. Does it make sense? Do you have a clear call to action on each page / section?
  2. Look through your existing customers keeping in mind what you offer and what they have purchased. Offer an upsell based on what you find. Perhaps if they’ve bought one item or service from you, there is a natural progression (or you can create a “natural” progression) for the next level.
  3. Leverage relationships. I recently found myself short-staffed. I was able to leverage a relationship with a key partner to have him service some of my existing customers. He made money and my customers didn’t experience a lag in service.
  4. One of my favorite new money-makers is turning things I’ve already created into information products that I can resell. For example, you can purchase one of our ebooks online or, if you’ve missed a seminar that EduCyber offers and really wanted to get it, you can purchase the audio online. If I can do it, so can you.
  5. The old adage that you have to spend money to make money still holds true. We are investing in new technology and investing the time to stay on top of trends in the Internet so that we can make even more money moving forward. What can you invest in (either time or money) that will pay dividends moving ahead?
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Social Media Marketing Explodes

Whew! I actually have been so busy I haven’t posted on my blog in awhile. But I have been busy with social media. Have you been keeping up? It’s no surprise if you haven’t. Social Media has literally exploded.

Twitter grew by 131% in March. Yes, in the month of March. Not January through March and not in 2008 but just in the month of March.  In the last six weeks I’ve gone from about 100 followers to nearly a 1000 and growing rapidly.

Facebook continues its incredible pace of growth as well, adding 23 MILLION new users just in the United States this year.  And the numbers are interesting in that people aged 26 to 44 are the fast growing segment of Facebook users in the US, according to Facebook’s own numbers.

LinkedIn also is growing rapidly, doubling in size last year and reaching nearly 16 million users in the US.

Three quick observations:

  1. A few years ago, companies felt obligated to have a web site because, well, because everyone else had one and it was needed for competitive reasons. The same is rapidly becoming true for companies on social media sites.
  2. These social media sites are fun. No doubt about it. But if you’re doing it for business reasons, identify what those reasons are and then proceed accordingly. This will keep you from getting bogged down in areas that aren’t helpful for your business.
  3. When you create an account or profile, by all means jump in head first. But remember to listen first then speak. If you barge into the middle of a group and start “spraying” your wisdom around without first understanding where everyone is coming from, you might actually hurt your reputation.
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Growing in a Down Economy

How do you grow your business in a down economy? There are lots of cliché’s I could throw out there. But it really comes down to tuning out the naysayers and focusing on what you do best. So here’s what the technology experts at EduCyber recommend:

  1. Turn off the TV. Leave it on too long and you’ll be barraged with advice to give it up because the economy is tanking.
  2. Don’t worry about what you can’t control. Strongly related to the first tip, the point is that you still have your business. Look at ways to expand your customer base, increase sales to existing customers, or make bigger sales to new customers.
  3. Leverage your existing IT infrastructure. Sounds like big business but it isn’t. There are always efficiencies that can be gained. Take the time up front for training or learning how to best use your network and applications.  Greater efficiency equals more money for your bottom line.
  4. Look at your web site. Can  you sell more products to more people through it? Can you target your ideal client more effectively through paid advertising or paid search?
  5. Continue to invest in yourself and your company. When others see that you’re investing in yourself, they’ll know you aren’t going anywhere. This will help them make the (right) decision to do business with  you.
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