There has been so much written in the past year+ about daily deal sites and
they seem to still be popping up in droves. Ironically, small local
businesses are still getting blindsided by them because they’re not being
told by the deal site how to really make it work for them as a marketing
tactic. Remember, the goal of the big daily deal sites like Groupon or Living
Social is to get the word out about the deal and get people to buy it and
tell others about it. Their goal is not to ensure that the deal ends up
making your small business money rather than costing you profits.
In my research and working with clients I’ve seen a number of ways that
these can work to actually make you money and get you repeat customers
without being overloaded with new business that you’re not making a profit
on.
Daily deals are fantastic for selling products as opposed to services. Why?... (more)
Social Media like Twitter and Facebook are hot, hot, hot right now — being
used for everything from marketing to market research to customer support.
But for all the buzz, the activity taking place in social media remains hard
to measure, and there are still no clear standards on how to evaluate it. Web
Metrics Guru Marshall Sponder takes you through social media measurement
tools and helps identify the right Web-metrics choices for your business .
... (more)
In a blog post by Shiv Singh, author of the Going Social Now blog, Shiv
argues that “Social media is not enough in a downturn.”
In the post, Shiv says:
“That its not enough to focus on social alone. That nurturing the
conversations in the social realm are the starting point not the end game.
That it is indeed about getting customers to influence each other to make
positive purchasing and brand affinity decisions. That the core philosophies
around social can and should be deeply integrated into a business. And that,
the more holistically you look at social influence marketing - ac... (more)
The other day a CMO told me she didn’t have budget to fund her Conversation
Marketing initiative. She explained budgets are already tight…and now we
have to layer Conversation Marketing on top of our other marketing
initiatives.
Yes. Smart marketers will find a way. It’s not a matter of jumping on the
bandwagon with the unknown destination…it’s a matter of using
conversation marketing with existing content to increase your page rankings,
improve your SEO, or better target your leads…which conversation marketing
done the right way does.
So yes, Mrs. CMO — you do have to include ... (more)
Ah, we finally found our funny bone. Conversation Marketing video series
takes a new turn. Watch for future videos.
A Duck, a Dog and a Donkey walk into a bar…
Conversation Marketing: Dog Explains
... (more)