Seybold Scientific

An Analytical Approach to Marketing Online.

Using New Media to Tell the Story

I’ve had the opportunity of late to work with some C-Level executives who seek to employ new media tactics to gain awareness of their products and services. Being an advocate for new media venues. I tend to lean in this direction anyway, but some of these folks are pushing into this venue like a category 5 hurricane.

The reference to a hurricane is deliberate because they effort their way into the space and do not care if they are relevant or if their target audience exists within the community they are aggressing or not.

Contextual Relevance
Communities are formed online by those of like mind. They exist to provide information, validation and entertainment. When businesses begin “efforting” to create a place for themselves in communities, where they are not a natural fit, then they are irrelevant. The product or service lacks relevance in the context of the conversation.

Here’s a scenario. A company makes ear buds targeted a teen demograpghic.. They have a great new product and they are preparing a launch. They decide it is so exciting that they are going to use lots of new media venues to create awareness. The IT department because of their personal exposure recommend Digg, YouTube, Joost.tv, Facebook, iTunes, Second Life, etc,

Immediately the marketing manager takes off like an unstoppable train creating video and audio and articles about this wonderful new technology. The efforting continues as they are actively deployed online. The traffic doesn’t come.

Why?
These communities do not want to be marketed to. They can sniff out insincerity and they will shun that which is not in context.

All is not lost.
New media can be used effectively to promote your product. It simply needs to be above board and in context.

In Digg
Submitting a great product within Digg is fine, but playing the popularity game by notifying all your friends to “Digg it up” is not. Diggers do not like those who will game the system and they will penalize these efforts. Let your product gain ground based on its own merits.

In Facebook and MySpace and ..
Social Networks are great for staying in touch with people. Advertising on these platforms has not been all that successful primarily because the ad units are not placed in context to the subject matter of the page. Think about it this way, if you created a page in MySpace for the product and then sought to “friend” as many people as you could find would you get much response. Look at it form the reverse angle. Would you want to be the friend of an ear bud?

YouTube and Joost.tv and ..
Creating a commercial spot for these venues is expensive. Repurposing a commercial that will be aired on TV for these venues is cheap. If your commercial is “buzz worthy”, by the way you don’t get to decide if it is, but if it is buzz worthy then it will become viral on its own and be distributed beyond your imagination.

Twitter and Pownce and …
It has become very common to announce a new blog post or media spot posted online. One announcement is fine in that you are announcing to your friends so they can go learn more about you. More than one tweet is not acceptable so be respectful of the sheer volume of info these folks are consuming.

Enough on venues, I’ll close on context.
When a consumer is seeking the ear buds or your product, whatever that might be, they will likely begin their search for information within a search engine. Immediately after a product launch the likelihood you will have natural positioning within the search engines is nil. So advertising on the engines is your next best bet. You will get immediate positioning and it offers a means of getting found in context to an active search.

But what about joining the conversation? Well the reality is that you can successfully use the new media spaces to continue telling your story. Use the tools in parallel and allow entry at any singular point. This may look like [search ad > landing page > YouTube video > web site > transaction]. The key is to be visible (search engines), be on point (landing page > YouTube video > web site) and finally make it easy to transact with you. Use new media to tell the story .. perhaps I could have said it all with this one line.

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About This Post
Published: May 3, 2008
By: George Seybold

This article is filed under:
Blogs | Conversational Media | Integrated Marketing | Search Marketing

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Drip Marketing

What is drip marketing? Drip marketing is a direct marketing strategy that involves sending out several promotional pieces over a period of time to a subset of sales leads.

 

Is this process effective and how can you begin planning your drip marketing campaign?

 

The phrase drip marketing comes from the common phrase used in agriculture and gardening called “drip irrigation.” This is the process of watering plants or crops using small amounts of water over long periods of time.

 

It was developed in response to the “Law of 29″ in which many marketers believe that an average “prospect” will not turn into a client until they’ve viewed their marketing message at least 29 times. While I do not necessarily agree with the Law of 29, I do believe in the need to stay in touch with your current and prospective clients in order for them to purchase from you.

 

There are way too many competitors out there, not to.

The method of drip marketing can help you avoid the sell-produce curve. An effective way to use drip marketing is to consistently do something each month to keep your name in front of your current clients and prospective clients. By doing this you diminish the sell-produce curve and will find that you will have a steady amount of business coming in the door.

 

The best thing about drip marketing is it requires a plan of action. By creating this plan and following it throughout the year you can guarantee that you will be consistent with your marketing all year long. I suggest that you develop your drip marketing campaign when planning your yearly marketing calendar.

 

It all sounds great, but where do you start? To help you I’ve listed a plan of action to get you well on your way to developing a productive drip marketing campaign:

  • Step 1: Develop your Plan (Plan something EVERY month)
  • Step 2: Strategize the Execution of Your Plan
  • Step 3: Decide who your Target is.
  • Step 4: Create consistency by developing your slogan or phrase. Then place it on every promotional and marketing piece.

What methods can you use for your drip marketing campaign? Here are a few that will get you started:

  • Postcards
  • Newsletters
  • Email Newsletter (You’ll have to be careful of spam filters)
  • Promotional or Sales Brochures

Think of your drip marketing campaign as a way to nurture your current and potential clients. You campaign should keep them aware of your products and services. With this thought in mind your campaign will succeed.

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About This Post
Published: March 10, 2008
By: George Seybold

This article is filed under:
Email Direct Marketing | Integrated Marketing | Tips & Tricks | Word-of-mouth

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Free Music @ Starbucks!

logo_top Starbucks will be giving away millions of songs next month as it launches its new cooperative venture with Apple. From October 2nd to November 7th more than 10,000 locations nationwide will offer customers a “Song of the Day”. Packaged in redeemable iTunes gift cards these complimentary cards will be handed out by Starbucks partners in stores everywhere.

You may recall that Starbucks and Apple reached launched the partnership in music delivery along with the new iPod line up earlier this month. Starbucks said it will give away 1.5 million downloads per day for a total of more than 50 million free songs. Customers will be able to buy music wirelessly at all Starbucks coffee shops without paying Wi-Fi connection fees.

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About This Post
Published: September 24, 2007
By: George Seybold

This article is filed under:
Branding | Integrated Marketing | Mobile Marketing

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Web 2.0 for the Traditional Company

Over the last few years the Internet has been flush with changes. The evolution of technology is on par with the rapid growth reminiscent of the dotcom era. From this tremendous growth in technology a new term has surfaced, in an attempt to package a collection of tools that empower the user to provide feedback and build community, the online marketer has coined the phrase – Web 2.0.

Web 2.0 technologies, which enable user-generated content and feedback, have empowered customers to “talk back” to manufacturers, suppliers and retailers in ways that are changing the marketplace.

Originating in social networking sites including MySpace, Flickr and Facebook, these methods of interaction have spawned tremendous growth in user-generated content online.

This mashup of technology is changing the manner in which business is done. Side-by-side comparisons of products by different manufacturers, customer reviews following editor reviews in industry web sites provide street-cred to products that consumers and businesses used to purchase without an impartial viewpoint.

Although slow to adopt, the residential construction vertical cannot turn a deaf ear to this customer feedback and we have an opportunity to manufacture better products, deliver better services and adjust our message to speak to the opportunities presented us.

Harnessing the Collective Intelligence
The central principle behind the success of the giants born in the Web 1.0 era who have survived to lead the Web 2.0 era appears to be this, that they have embraced the power of the web to harness collective intelligence.

Hyperlinking is the foundation of the web. As users add new content, and new sites, it is bound in to the structure of the web by other users discovering the content and linking to it. Much as synapses form in the brain, with associations becoming stronger through repetition or intensity, the web of connections grows organically as an output of the collective activity of all web users.

Yahoo!, the first great internet success story, was born as a catalog, or directory of links, an aggregation of the best work of thousands, then millions of web users. While Yahoo! has since moved into the business of creating many types of content, its role as a portal to the collective work of the net’s users remains the core of its value.

Google’s breakthrough in search, which quickly made it the undisputed search market leader, was PageRank, a method of using the link structure of the web rather than just the characteristics of documents to provide better search results.

eBay’s product is the collective activity of all its users; like the web itself, eBay grows organically in response to user activity, and the company’s role is as an enabler of a context in which that user activity can happen. What’s more, eBay’s competitive advantage comes almost entirely from the critical mass of buyers and sellers, which makes any new entrant offering similar services significantly less attractive.

Amazon sells the same products as competitors such as Barnesandnoble.com, and they receive the same product descriptions, cover images, and editorial content from their vendors. But Amazon has made a science of user engagement. They have an order of magnitude more user reviews, invitations to participate in varied ways on virtually every page—and even more importantly, they use user activity to produce better search results. While a Barnesandnoble.com search is likely to lead with the company’s own products, or sponsored results, Amazon always leads with “most popular”, a real-time computation based not only on sales but other factors that Amazon insiders call the “flow” around products. With an order of magnitude more user participation, it’s no surprise that Amazon’s sales also outpace competitors.

So where does an old world company fit in?

The Offline Giants
Harley Davidson MarketingMega-corporations have the resources and collective intelligence to emerge on the scene with a presence that most would envy, but often times the attempts made are less than salient. A mega-brand, Harley Davidson, has a unique opportunity to promote a sense of community on their online property through the use of Web 2.0 technologies. Their customer is particularly evangelical and if allowed a voice would likely take off.

A couple of methods they might consider are an idea center and a trip center.

Idea Center
Custom bikes have long been the desire of bikers worldwide. In effect the customer bike builder is the R & D lab for Harley Davidson. They likely are tapping this creative channel offline, but extending the idea submission online through a Digg-esque interface would empower visitors to comment, rate and share the ideas with their friends. The on-property loyalty index would skyrocket. Imagine capturing the imagination of all of those corporate folks who seek to “live the life” of the Harley Davidson brand.

Trip Center
The trip center is an interactive map where the visitor can pot their course and attach photos of their ride. Similarly those who might travel the same highway would scout their trip and attach photos, swiftly becoming a mashup of the open road. Visitors can leave a tale of the trail behind with text, video allowing other “friends” to comment and make suggestions onthe next ride.

An entrepeneur in the Boise, ID area said,”I wish I had 1/10th of the budget some of these larger companies have to spend on their online properties. I certainly wouldn’t be buying advertisements in magazines because the potential for buzz online is so much greater.”

I believe he was right.

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About This Post
Published: June 5, 2007
By: George Seybold

This article is filed under:
Integrated Marketing | Web 2.0

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4 Rules

  1. Advertising should be measurable, accountable and optimizable.
  2. We should only pay as much as we have to and should have a keen understanding of how much that should be. 
  3. Advertising should be flexible. We should be able to start, cancel or reallocate our media buy at anytime we choose. 
  4. Online marketing does not operate independently of offline initiatives.
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About This Post
Published: January 16, 2007
By: George Seybold

This article is filed under:
Integrated Marketing | Media Buying

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