Tag archive for "local business"

Marketing Strategy: Education-Based Marketing

Authenticity, Blogging, Experience Economy, Getting Results, Marketing, Small Business Marketing, Small Retail Business, Smart Strategy, Strategic Plan

Marketing Strategy: Education-Based Marketing

1 Comment 26 October 2010

The more you venture into social media and online marketing for your local business, there more you’ll hear about two particular parts of this online/social world: 1) content and 2) relationships. But what do these two terms mean for you and your business online and locally, for your brick-and-mortar store experience? Well, as it turns out, they mean quite a bit.

What Content Means for Your Business
Content is King” was the cry of the Internet for the first decade or so, and though other forms of interaction rise in the online world, content still holds top position. Content simply refers to any sort of valuable resource, usually information-based, which is produced and shared online. It’s information in a digital format; the posts on a blog are content. The sound files of a popular podcast are its content. A downloadable eBook is content. Frequent updates and notes on a business Facebook page are content.
For your local business, content is the way you get to prospects and turn them into fans, friends, and lifelong customers. When you provide – online – valuable, relevant content that your target market is interested in receiving, you provide the gateway for interaction, connection, and. wait for it… relationships.

What Relationships Mean for Your Business
Let’s step back and look at what relationships mean for your business in the offline world. You don’t need a marketing primer to know that building relationships – real, solid relationships – gives you a solid foundation for ongoing business. The more people like you, know you, and like your products and services, the more they want to do business with you. Relationships also have the positive effect of extending your business into a whole new circle of prospects with every relationship you make. If people really love what you do, they share it with their friends. You form more relationships, you build more business, and on it goes.

Relationships in online marketing and social media are no different. In fact, they have the added quality of spreading faster and further than “offline” relationships can. Because sharing information, reviews, and opinions is so easy online, people are more apt to do it; and more people can read about their information, reviews, and opinions through social media sites like Facebook. Friends can share with friends and the information keeps going.

What Education-Based Marketing Means for Your Business
Education-based marketing is simply a strategy for sharing content that leads to building relationships? You start by sharing information (content) that is educational; it should tie in to your business somehow. For example, if you run a winery, you could start a blog all about growing grapes, choosing wines, pairing wine and food, finding good wines on a budget, storing wine, etc. Anything that provides educational information about a topic closely related to your business becomes valuable content that can lead people back to your business.

Perhaps you have a great local boutique selling home goods, decor, and gift items; your customer’s love your taste and you often get into long conversations about color schemes and decor. The natural step is to take your expertise online. Start up a Facebook page and start writing notes, sharing little tips and ideas. With very little initial set-up, you can easily start producing videos online, leading anyone who views through simple decorating tutorials or sharing tip, hints, and ideas.

The main idea is that before you try to sell, you simply share valuable, educational information. Your target market will naturally be drawn toward that information and will see you as an expert and a resource. It’s not marketing as much as it is simply being useful and thus, building relationships, but the end result is that all that usefulness creates valuable relationships, which end up building your business.

Photo credit: velkr0

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Four Critical Steps in B2B Partnership Success

Entrepreneurship, Retail, Small Business

Four Critical Steps in B2B Partnership Success

No Comments 29 September 2010

Are you ready to dive into the winning marketing strategy of partnering with other businesses? When you pursue these promotional or marketing partnerships, here are four critical steps to consider that will lead to long term success for both your business’ bottom line and your partnership with the other business:

1. Develop a list of businesses that sell related products or services but are not in direct competition with you selling the same item. Hint: Look inside your own customer list FIRST to develop such a list. These people have already formed a relationship with you.

2. Contact the business owners on that list to form strategic alliances. Propose ways to mutually benefit each others’ business – the goal is to promote added value to each others’ customers. At the end of the day it’s all about exposing YOUR customer list to their products or services – and them doing the same for you, in a way that’s equitable for both of you.

3. Agree to a plan. Write everything down and agree to the exact specifications of the agreement with the other business owner. It doesn’t matter how simple the partnership “plan” – WRITE IT DOWN and get the agreement sealed with a signature. This simple act will help maintain the integrity of your relationship with this other business long after any marketing partnership is dissolved.

4. Implement your plan while communicating frequently about how it’s working for each other. If a lopsided result occurs – work together to make the partnership more equitable for both parties. This is the secret to LONG TERM success!

Now – go make some strong partnerships – and sell more stuff! Grow your business using this proven marketing strategy PERFECT for local and small business owners!


Have you already used this strategy and experienced success? We’d love to hear from you and feature your business and case study in an upcoming blog post. Please comment below and share some of your story right now!

Photo Credit: Beneath_B1ue_Skies

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Three Ways to Grow Your Small Business by Partnering with Others

Marketing, Marketing Main Street, Networking, publicity, Recommendations, Restaurant & Food Service, Restaurant Marketing, Retail, Small Business, Small Business Marketing, Small Retail Business

Three Ways to Grow Your Small Business by Partnering with Others

2 Comments 27 September 2010

I teach a small business marketing seminar for locally owned businesses that’s called “EIGHT Ways to Make Your Cash Register Ring in Any Economy.” In this seminar, one of the eight strategies that we outline is what we call “Pursuing Partnerships & Alliances.”

There are several different types of partnerships or alliances that work really well and should all be used liberally in local businesses and restaurants.

1.  There is the alliance or strength gained from “riding the coattails of an industry elephant.” This happens when you carry a major national brand in your store that is doing national advertising – and you mimic elements of that advertising campaign in your own marketing messages or images. This same strategy can be accomplished when you ride the coattails of a major trend (such as the green or environmentally friendly movement) or a major cause or organization (such as a political, religious, or industry promotional campaign).

2. There are the partnerships that participate in cooperative marketing programs generated or promoted by local or regional organizations. This strategy is implemented when local businesses join together under the banner of a common cause or organization. This would be the case when a Main Street or Chamber pools your money or even fronts the money for a promotional campaign for all of the businesses involved or to promote a certain shopping district or event.

3. Finally, there are those alliance that businesses make directly with one another. These are created with the purpose of co-promoting one another’s business. This is best configured when two or more businesses are targeting the same demographic or target audience, but they do not have a competing product. (This works regardless of geographic area – it works if you’re close geographically – it works when you’re not.)

Think about it. Are you using all three of these Partnership/Alliance strategies to grow your small business? You might be blown away by the results. I know I have been in my own business and in the businesses of our clients. Think about how you can work with others and get started today!

Photo Credit: exfordy

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How to Enjoy the Good Days

Attitude and Success, Entrepreneurship, Small Business, Success in this Economy

How to Enjoy the Good Days

No Comments 17 September 2010

Life as a small business owner can be tough. Owning a local business can be stressful. It can sometimes not feel like it’s doing for you what you wanted it to do. Maybe you just have a mental block about your business in general.

But some days the stars align. I actually believe God is gracious and just showers me with His undeserved Grace a bit more on these “good days.” But the bottom line is – they do happen occasionally – and I wanted to let you know how to recognize the entrepreneurial “good days” and enjoy them.

GOOD ISN’T PERFECT

First off – you have to come to grips with the fact that perfection doesn’t exist. Life and work are not going to peacefully co-exist, and we’re talking about “good days” here – not perfect days.

That means that while some loose ends or underlying currents of strife or stress might be there – it’s important to not allow those to overshadow the blessings and positives. A critical element to business success is the ability to be thankful – and thankfulness flows out of a positive attitude – one that recognizes tiny blessings and is able to pause, soak them up and then show appreciation where appropriate.

SEEING THE GOOD

I think this is most easily explained by an example.

Today was a good day for me. In the past 24 hours, not one – but FOUR of our private advisory clients (and there aren’t but 10 of them at any given time) have called or e-mailed not simply to compliment or thank us for our work – but to RAVE about the results they’re getting in their businesses. They took the time to stop what they were doing and give us specific, positive feedback at no urging of our own. Completely random accolades.

Now this may seem over the top as an example – but I didn’t talk to all of these clients. Andy talked to two of them, and two of them e-mailed enthusiastic and specific, but very brief e-mails. In my distracted, busy and otherwise cluttered life, I could have entirely missed the magnitude of these blessings – and missed gaining the benefits of a “good day.” Thank God I didn’t, because they were blessings. And I like blessings.

There are plenty of icky things going on in my life – but when “good days” happen – or even good moments – have your eyes wide open to see them.

USING THE GOOD

When you see good in your day, don’t waste it. Here’s what I recommend:

1. Take a moment – or an hour – to pause and soak it in. It’s okay to reward yourself a bit. Take a deep breath, smile, laugh, allow yourself an extra long lunch or a day off in reward. Use this “good” as a stress reducer – reduced stress is good for your body and your spirit and will give you the stamina to keep going!

2. Reflect that good just came into your day – a blessing.

3. Blessings deserve a thankful attitude; pass on the “goodness” of a thankful attitude to someone else or many other people as appropriate.

4. Use this good as a milestone that motivates and inspires you to keep going in your work. When things aren’t so good – reach back in your mind to this moment and be motivated and inspired by it many times over.

5. Learn from it. What did you do to get this “good” result? If you can pinpoint it – maybe you can replicate it to create more “good days” in your business.

What about you? What “good days” or “good moments” have you had in your business or life lately? Share the goodness.

Photo Credit: Ev0luti0nary

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How to Collect More E-mail Addresses from Customers

E-mail Marketing, Facebook, Getting Results, Marketing, Retail, Small Business, Small Business Marketing, Small Retail Business, Social Media, Twitter

How to Collect More E-mail Addresses from Customers

4 Comments 31 August 2010

Use the “fishbowl” method to collect an e-mail address from every single customer or prospect that you encounter in your local business this week. This simple method is something you can implement in your brick-and-mortar business by the end of the day today, and it will lead to the collection of pure gold (aka e-mail addresses) for your business – gold that can be leveraged to move the needle again and again for your small business! Here’s how it works:

1. Procure a large bowl that will fit in a prominent location either to the right (as one exits) of the front door of your store at eye level and/or at each your point of sale/cash-wrap stations.

2. Create a sign to affix to the bowl that has a big, bold headline that says something like “Join Our E-Mail List for a Chance to Win!”

3. Add subtext under the sign’s headline, create an irresistible offer that fits your business that follows this basic idea: “Once a month, one entry from that month will be awarded a $250 gift certificate to our store!”

4. Watch the e-mail addresses pile up.

5. Enter the e-mail addresses into your e-mail system at least monthly BEFORE the award notification is made.

6. On a monthly basis, choose an e-mail address and make the award. E-mail them the award notification with an inquiry for their mailing address, so that they’ll come into the store. Also include in that e-mail a suggestion such as the following: “We value you as a customer, and we’re thrilled that you’ve won this prize. You are definitely deserving! We’d love it if you’d share some ideas of what you’ll be buying with your gift certificate with your friends on Facebook and Twitter. You can connect with us there at facebook.com/business name and on Twitter @businessname. I hope you won’t mind that we’ll be letting everyone know who won this month in our e-mail newsletter and through our social media channels as a way to encourage folks to enter this month’s new contest! Thanks again for being such a fantastic customer! We really appreciate your business!”

7. Post who won and what they won and how folks can enter the next contest on Facebook. Tag the person who won if possible.

8. Post who won and what they won on Twitter and @ reply the winner, if possible.

9. Include the winner’s name and a call for new entries in your next e-mail newsletter.

Happy fishbowling! You’re going to love the results you get from this great marketing tip!

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Leveraging the Boom Part TWO: Turning Publicity into Sales

E-mail Marketing, Facebook, Getting Results, Main Street & Small Business Web Sites, Marketing, Measuring Marketing, New Media, Small Business, Small Business Marketing, Social Media, Twitter, Web Sites

Leveraging the Boom Part TWO: Turning Publicity into Sales

No Comments 26 August 2010

Maybe you just made the newspaper or a local magazine – or better – you just got interviewed for a major trade publication, the Wall Street Journal or a mainstream lifestyle slick. Maybe a prominent blogger is going to blog about you – or feature you in an upcoming e-newsletter. Maybe you think you’ve thought of something so smart that an influential person tweets about your article, stuff or activities…

These days, publicity comes in all shapes and sizes – but one thing is the same. It will give you a boom. The boom will be short-lived if you’re not prepared to leverage it into long-term sales for your small business. Here are a couple of tips that will help you leverage publicity into long-term growth for your local business.

Get ready for the traffic on your web site.

This seems obvious, but you really should actively prepare to capture customers as a result of the publicity, especially on your small business web site.

1. Make sure an e-mail list signup form (that is short and simple) is strategically located at the top right hand side of all of your web site pages or posts. This will help you grow your e-mail list.

2. Make sure your social media profiles are apparent at the top and bottom of each page or post on your web site, so that folks can connect with you there.

3. Make sure there is fresh and relevant content and that all contact information, forms, store hours, and directions are up to date.

4. Make sure that your web site has the ability to be SHARED so that when people get to your site, they can – with a single click – share your business with 1300 of their closest *cough* *ahem* Facebook friends…. or Twitter followers or other social media connections. We recommend the ShareThis button at the top and bottom of each page or post on your web site.

5. Similarly, install the Facebook LIKE button at the top of each page or post on your web site, so that with a single click and half a thought, your web content or article can be posted to their Facebook Wall and their friends’ newsfeeds. This exposes you to their friends.

6. Finally, install the TweetMeme’s Retweet button at the top of each page or post on your web site. This button not only allows the sharing feature on Twitter, but it allows YOU the measurement to see who shared your content – so you can thank them and otherwise engage them via Twitter.

Prepare to leverage the publicity on social media.

Social media is where you will turn the publicity into a boom for yourself. Often media in and of themselves are not a direct connector. But the power of your network mixing with theirs can really work magic. Here are a few things you can do to stir that pot:

1. Tweet with the news writers and folks in the media on a regular basis (that means, ideally, BEFORE the story hits). When they post a story about your business or referencing you or your business in any way, use all available methods to THANK them for their kind words. Tag them on Facebook, and tweet out a thanks to them.

2. Do the equivalent of the “reprint.” Re-publish the news at least twice – maybe three times after it happens. Facebook and Twitter news cycles are short these days, so posting an article Wednesday morning and Thursday afternoon are likely to expose your story to a different group of folks. If you have over 1500 fans or followers, you should also post the story again later at night (between 8 p.m. and 11 p.m.) as well.

3. When you post, drive the traffic to the story via your web site.

How does this all turn readers or viewers or listeners into sales? Again, as in the first edition of Leveraging the Boom: Turn Events into Sales the goal is to make new connections – to capture contacts that you can turn into relationships and then keep as customers for a long and profitable lifetime value of the customer. It’s about short-term tactics that lead to marathon relationships and long-term growth and profitability.

What say you? How have you turned publicity into sales?

Photo Credit: Eivind Z. Molvær

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10 Steps to Successful Social Networking

Facebook, Guest Post, Marketing, Networking, New Media, Small Business, Small Business Marketing, Social Media, Twitter, Video and YouTube

10 Steps to Successful Social Networking

2 Comments 23 August 2010

Editor’s Note: Annie Mueller provides value-filled, relevant content to help small businesses build an effective online presence. In over 6 years of freelance writing, she’s never had an unhappy client.

Networking is about meeting and building relationships with people for a purpose. It’s that last part that counts in the definition, the purposeful part. Otherwise we’re all just socializing, which is what much of it amounts to anyway because if you don’t know your purpose, it’s pretty difficult to achieve it. That’s fine if you just enjoy socializing for the sake of socializing (and, actually, the best social networkers are people like that usually). However, if you’re spending marketing dollars and the prosperity of your business depends on the success of your social networking, you’d better do a bit more than socialize.

1. The Question You’d Better Answer First

Why are you interested in social networking? To build your business? How, exactly?Do you sell online or just promote online? Are you locally, nationally, or internationally focused? Do you want people to talk about your business online, share your links, spread the word about you, learn more about you, recommend you, sign up for a program, get a free sample, get your e-newsletter, read your blog, interact with you, ask questions, get a membership, order a product, pay for a service, refer you to their friends? If social networking works for you just the way you want it to, what will the results be? Get that pinned down first; don’t tweet a single character or start a Facebook page or write a blog post until you know the answer to this question:What do you hope to accomplish from your social networking? What are your ideal results? Be very specific; don’t say, “I want my business to grow.” Say, “I want 75 members in my exclusive coaching clubs,” or “I want to sell 6,000 widgets online next year,” or “I want 100,000 readers so I can sell pricey ads on my site,” or “I want 250+ people in my referral program,” or “I want 100 customers to sign up for my gold-level service club.”

2. Believe in what you have to offer.

Billy Mays. Everybody wished he would be a little bit quieter but nobody doubted he really loved that OxiClean. And he sold it. Bob Ross. He was all calm and light and happy trees and you just knew you could paint that way, too, if you listened to him. He believed it, and he sold it. Tyler Florence. A gourmet chef singing the praises of a packaged salad dressing? Er. Something’s screechy and wrong here. If what you are trying to sell violates the principles you have already defined for yourself and your business, don’t waste your time trying to sell it. You either have to find a new product or service which fits with the way you’ve defined yourself, or you have to redefine yourself and your business. If you can’t convince yourself that what you have to offer is genuinely worthy, then you cannot convince anyone else. Believe in your business, first. If you’re in one of those slog points, revisit the notes you made on top of the mountain. Remember your strengths. Think about your unique offer. Define the value and make sure it’s something you believe in.

3. Find the right people: the ones who actually need and will benefit from what you offer.

Target your online audience as (or more) carefully as you target your target market. Who will be interested in what you have to offer? Don’t waste your time trying to interest “everybody.” NOTHING (except maybe toilet paper) has universal appeal. Focus on the people who will love, adore, and build small shrines to the solution you bring them. They will become your secondary marketers and will talk a whole bunch of other (fringe) people into trying your business, too. They will be passionate, enthusiastic, and committed customers. Get these people. Focus on them. Pour your attention onto them. Quit trying to convince a huge crowd of slightly disinterested folks to get interested in you, and instead, start talking to the people who are already into your field. Your job is half-done.

4. Find a (free) preliminary way to solve problems.

Before you sell, give. This is a basic idea of permission marketing, education-based marketing, and Golden Rule marketing, which are all pretty much the same thing. So pick a name and then apply the concept by giving first. Offer genuine value. Don’t try to cheap out at this point. People will flee and never return.

5. Find and focus on 1 to 3 social outlets.

Even if you have a full-time, salaried social networker plugging away for your business, focusing on a few social outlets rather than trying to have a presence on all of them will get you better results. Of course Facebook and Twitter are the big daddies, but if you know your target audience well (and you should) go where they are, whether that’s Facebook, Twitter, ZombieLandForums.com, or somewhere else entirely. Go to the people you want to reach and focus on a few of the places where they hang out online.

6. Be enthusiastic.

Because if you don’t really care or even like it that much, why should anybody else? Introverts, break out of your personality a bit and show some emotion. If that’s utterly impossible for you, delegate or hire out so you get a voice out there with some enthusiasm in it. Otherwise you waste your time.

7. Offer value, help, and attention.

First, offer free items of value. This could be content (your blog, your resources) or samples (don’t be cheap) or trials or digital products (ebooks, podcasts) or giveaways or clubs or services.Second, offer help when you see a need and, definitely, whenever people ask for it. Don’t hesitate. Don’t count up the loss of billable hours. Help.Third, offer attention when people start interacting with you. Don’t work to get people to notice you and then ignore them when they do. Follow up. Listen, Respond. Interact. Be real. Give your attention.

8. Be consistent.

Give people familiarity and reliability. They tend to like that sort of thing.

  • Consistent message: say one thing, say it clearly, and repeat it often.
  • Consistent value: don’t create one great product and then cheap out on the next. Your customers will feel betrayed.
  • Consistent method: if you blog, post on the same days and follow the same format; if you tweet, offer the same kind of helpful info all the time; whatever you do, set up a format that works for your goal and stick with it. Sure, some variation and creativity is great; just work within some basic boundaries so people know what you offer and aren’t disappointed. It only takes one visit to a blog without a recent post for a visitor to strike you off the “live” list.

9. Be ready to sell what you have to offer.

If you follow the steps as outlined, eventually (maybe much sooner than you think) people will ask, “What else?” You’ve offered value, you’ve been sincere, you’re enthusiastic and likeable, you’ve been helpful, you’ve been consistent. You’ve won them over. They like you. They want to give back. They are eager to invest back in you the way you have invested in them. So give them a way to do just that!

  • Make it obvious. Obvious doesn’t mean obnoxious. No flashing signs or neon arrows necessary, but a nice big button that says, “Order XYZ Product Here” could do the trick.
  • Make it easy. Purchasing should be a simple, one or two step process.
  • Make it sincere. Any sales material you have needs to reflect the heart and vision of your business. Go back to step 1: do you still believe in your business? Put that belief into words. Be real. You can always get an editor.
  • Make it subordinate. Yes, this is your business; but your first goal must remain – always – to help the people in your network. If you know that they would be better helped by another product or service, or that your product/service will NOT help them, then it is your responsibility to say so. You may lose a sale, but you will gain a reputation that is worth many more sales in the future.

10. Follow up with even more value after the sale.

Repeat steps #7 and #8 with everyone who buys from you. Sound like hard work? It is. That’s the thing with social networking: it isn’t a magic button or an automatic cash cow. There is no keyword strategy that can build a business without any real value any it. So build a good foundation. Put the work in. And here’s the good news: the initial work will pay off exponentially. That’s the magic part of the social networking model, and it does work. Once you put in the work, the time, the belief, the energy, the effort, the attention, and the value, you win over a few people who love you like you love your business: maybe 10, maybe 100, maybe 1000. Then they network for you. The 10 becomes 100, the 100 becomes 1000, the 1000 becomes 10,000. And it keeps growing. You keep giving, of course. So yes: social networking, done right, is 1) hard work which 2) requires time and effort and 3) takes time before it pays off. But it also 4) does pay off and 5) the returns can be quite great and often 6) will take off and continue to grow far beyond the original investment you made.

Photo Credit: Intersection Consulting

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About Marianna Chapman

For the past 15 years, Marianna Chapman has been creating game-changing big ideas resulting in big returns for dozens of businesses and communities across the U.S.

Today, Marianna and her team help business and non-profit clients at Big Idea Company, Inc., writes the Results Revolution blog, serves as Executive Editor for Eat Cities, LLC media outlets, and is a frequent speaker to national and regional conferences.

Marianna is a professional problem solver and rainmaker for hire.

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Entrepreneur.com
American Express OPENforum
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Return on Behavior magazine
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NFIB.com
Mississippi Business Journal
Greater Jackson Business
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