Archive for March, 2010

The Superbowl, the web, social media and “did it work???”

Friday, March 19th, 2010

The Superbowl happened and the results are in.

This year more marketers tried to infuse a multi-channel marketing approach into the Superbowl than in any other year.  Ads driving viewers to Twitter, Facebook, URL’s and landing pages were all the rage.  Social media!  Yeah!  Let’s do that! Become a fan!!  Become a fan!!  Tweet about us!!

So what happened?  According to a recent study by Chadwick Martin Bailey, most people did not engage brands online.  Only 2% Tweeted about their favorite ad.  And about 1% became a fan of the brand on Facebook.

Lot’s of people (47%) went online during the Superbowl.  But they were mostly checking other sports scores and stuff.

So what’s the MarketSmart take on this?  Well a 1% response rate isn’t bad when you consider the number of people who watch the Superbowl.  But, those ads are pretty expensive.  We’re hard-pressed to try to calculate an ROI on this.  But we feel that targeted, relevant, direct marketing still prevails in this space.  If you want people to engage with your company, you’ve got to speak to them in a one-to-one manner at the right time with the right message.  Give them the information they want.  Solve their problems.

In this case that might mean big brands need grass-roots efforts at the front lines to encourage social media fanaticism.

4 ways to really offend people with your email marketing efforts.

Wednesday, March 17th, 2010

1- Offer no way to unsubcribe.

2- Make it really difficult to unsubscribe.

3- Try to trick people in one way or another.

4- Send emails that are irrelevant (and waste your prospects’ time).

That’s it!

Three things you should never do when making a cold call.

Wednesday, March 17th, 2010

Reading time for this entry: Under 3 minutes.

1- Never start off by saying, “Hi.  My name is (insert name the prospect could care less about at this point here).”

Your prospect doesn’t know you so your name is meaningless to them.  I know you might think it sounds polite to introduce yourself.  But this isn’t a cocktail party.  It’s not a social gathering.  This is a cold call.  If it were a warm call you could remind the prospect who you are.  That makes sense.  But since it’s a cold call, you should just start by asking a question that seeks to uncover pain you can cure.  More on that in a moment.

2- Never say “How are you?”

Your prospect doesn’t know you.  They aren’t expecting your call.  You are surely interrupting them.  So the last thing you want to do is say, “Hi.  My name is (they really don’t care).  How are you?

Since you don’t know them, it’s absolutely disingenuous to ask how they are.  And it’s just sort of weird.  You just interrupted the prospect.  So he or she is thinking, “come on… you don’t care how I am… you don’t know me… so just tell me what you want!”.

3- Never pitch your product or service.

That’s right.  If you find yourself immediately saying “we’re the #1 seller of blah and we’ve sold hundreds of our blah to hundreds of customers just like you,” then please stop.  This is not the time for a pitch.  Not yet.  It’s time to illicit pain.  So start by asking questions.

Now back to the part about uncovering pain.

You can’t sell anything to anyone unless they have pain.  Real or perceived.  So, in order to sell something to someone, you better find the prospect’s pain… and fast!  Before they hang up on you.

Also, you should recognize that you can’t sell to everybody.  So don’t force it.  Try to find the people who have pain as quickly as possible.  The faster you eliminate people who don’t have pain, the faster you can get to the next call and find someone who does.

Start off by asking the single most common pain question you have in your arsenal.  This might require some research, thought and practice.  For instance, let’s suppose you’re selling pencils.  (Ha!)  And let’s say that pencils are most often purchased by the office manager.  So when you get the office manager on the phone, do you say the following?:

“Hi.  My name is (remember… they don’t care).  How are you?  I’m with ABC Pencils and our pencils are the best!”

I bet you think this sounds idiotic.  But this is pretty much what I hear every day a sales rep cold calls me.  They jump right into #1, #2 and #3 above.

Instead try this:

“Hi.  I hope I found the right person.  Have you had trouble with low quality pencils that break too easily, sharpen too slowly and never seem to get delivered on time?”

If they say “yes”, you can either ask more questions or introduce yourself and start presenting your benefit statements.  If they say “no”, ask the same question again in a slightly different way.  People are programmed to say no to everything.  It’s the first word we learn as infants.  It’s the first word we teach our dogs too!

So be sure to attempt to illicit pain again.  If you tweak your question, you could get a “yes” out of them.   For instance:  “Are you sure you’re not having delivery problems and quality issues with your pencils?”

Once a prospect feels the pain again, they are more likely to drop their programming to break down and say, “Well actually I am having some problems with my pencils”.

More on cold calls in future posts.  We have a three-minute limit here at the MarketSmart blog.

Two things every CEO needs to know about marketing for the next decade.

Wednesday, March 17th, 2010

Two of the keys to marketing in the next decade are simple.  Get found.  And help people when they find you.

Get found.

These days, the first thing people do when they want to learn about something… anything… is they search for it online.  Young and old alike now search.  So pretend you are your customer/client.  Go to your search bar and type in whatever they would type to find your product or service.  Are you there at the top of the list?  On the first page?  Can they find you easily?  Or are they finding your competitors?  Hmm.

Disagree?

You may say that your business doesn’t work like that.  Ok.  So suppose your sales team does a great job.  The cold calls were made.  The meetings are over.  The proposals were submitted.  At some point the decision maker or a team in a board room will decide to look-up your company online.  First they can’t find you.  So they type in your web address and YUCK! … your site is slow, looks bad, is clumsy to navigate and offers nothing helpful.  It’s all about you, not them.

Help people.

Once they find you, your site needs to be helpful.  If your website is basically an online sales brochure, you probably aren’t helping anyone.  And if you don’t help people, they’ll bounce to your competition.  Fast.

Most websites need to be completely re-thunk.  Smarter.  Make it easy for people to find you by implementing search engine optimization and online marketing strategies.  Then, be truly helpful once they arrive at your site.

Keep your eye on those two things and you’ll at least have the basis for a sound internet strategy going into the next decade.

Happy New Year!

Think smart. Work smart. MarketSmart.

Wednesday, March 17th, 2010

What’s the difference? Introducing MarketSmart.

Everyone knows it’s better to work smarter; not harder.  But working smarter requires sound strategyThought.  And time to concentrate on what really makes our businesses tick.

You can’t just wake up one day and say “Yes!  Today I will work smart!  Not hard!”

It doesn’t work that way.  By the time most of us get to our desks each morning, we’ve already got a half dozen emails to respond to, our schedule’s been rearranged, and several staff members are already looking for answers to questions.

Yet we know we’ve got to concentrate on marketing and sales.  But half the emails we get are complaints from the sales team about the marketing department.  And the other half are excuses from the marketing department and complaints about the sales team.

Sales says, “these leads stink!”  And marketing says, “we need new salespeople… this crew can’t close a zip-lock bag!”

And that’s where MarketSmart comes in.

We like to noodle marketing AND sales.  I (Greg Warner- Founder and CEO of MarketSmart) have made over 30,000 cold calls.  I’ve been rejected more times than I’d like to admit.  But I’ve also closed more deals in a year than some salespeople close in a lifetime.  I understand sales.  And I like to write about it. Also, I understand marketing.  And I like to write about that too.

Most marketers don’t know anything about sales and visa-versa.

So this blog is about how the two need to work together.  It’s about being smart.  And trying to be smarter each day.  It’s about thinking.  It’s about strategy.

And most of all it’s about making the needle go up!  Increasing ROI.  And delivering results.

I hope you like what we have to say here.  And I hope you’ll tell us when you disagree.

We try to be smart but we realize no one is “the smartest”.  So let us know your thoughts.  Let’s think smart and work smart together!

How Tic Tac® successfully implemented social media goals and strategies to promote their brand to the next generation.

Monday, March 8th, 2010

Tic Tac marketing strategyOf course, my wife and I keep an eye on our kids when they have their friends over.  They’re just 9 and 11.

So imagine our surprise when we checked-in on our kids and a handful of their friends one night.  They were so well behaved running around playing a delightfully harmless “game” called Tic Tac® Shake & Share.  Although it seems like just a game, I saw it more as a social interaction and branding exercise strategically aimed at children.   The goal and strategy: to get children to interact with Tic Tac® mint candy so they’ll be more likely to choose that same brand when they come across it later.

Here’s how it works.  They downloaded the simple app for the iPod Touch (which every kid seems to have these days).   How did they find the app?  One child “referred” it to the others.  Once downloaded, they run around dumping different colored Tic Tacs® into each other’s phones using the built-in Bluetooth technology.  Tilt the phone and more dump in.  It even makes that familiar sound you hear when you shake and pour Tic Tacs®.

Plus, the more you share, the higher your rankings in a global network of fans.  It’s fun.

So the next time you decide to jump on the social media bandwagon, be sure to determine your goals and develop a strategy that meets those goals.  Tic Tac® did and it worked.  Or I should say… it worked with 5 kids who will probably ask me to buy them the real thing next time we’re in line at the supermarket!