The Hybrid Agency and 2020 Transformations Strategies

Today I would like to introduce you to our new hybrid agency called Stratejis Business and Marketing Transformations and our new offices at the  Synergy Centre at 290 Picton Ave., Suite 101, in Ottawa.

The rational for opening the centre was to provide a safe and creative environment where a variety of creative individuals could have their own businesses but work and network together in a cooperative environment that would allow each to share their services with the other, pay each other a referral fee and have the use of all the services without the overhead of a traditional advertising or marketing agency.  So we have Robin Sauve from Bamboo Branding and Adrian Abbott from Action Man Media as part of our group my company Corporate Coachworkz/Stratejis and have a variety of other companies with whom we do business and share our expertise.

My new incarnation, Stratejis Transformation Strategies is a division of The  Corporate Coachworkz  and focuses in on working with companies, individuals or organizations on developing 2020 Transformation strategies and plan.   It allows a company to go through a 5 step process using our Level  4(TM) marketing methodology to help them transform their business or organization.

The process is actually quite simple, where where you, where are you now and where do want to be.  It sounds simple enough however there are a variety of steps that a company will need to go through if it really wants to transform its business or the way it markets its products to customers.  See www.stratejis@bogspot.com for more information on the 5-Step Process and tips provided by Kamal Hassan is the Founder, President and CEO (Chief Excitement Officer) of Innovation 360.

The key point about a transformation strategy is that companies " will" be required to change their marketing approaches and change how they do business because of the Internet and the integration of mobile devices into the marketing mix.  They will also need to change process, structure, product selection and customer service and customer integration as well as all aspects of their sales and marketing for 2020, because 2020 is going to be a " whole new ball game".

For example the other day we had a rather long meeting at the centre which went into the traditional lunch hour.  One of the attendees asked if we could get some sandwiches and keep going.  Someone ( I suspect because of all their traditional advertising ) suggested Subway.  I looked the others and asked if anyone know where is there a Subway close to the office.  Adrian pulled out his cell phone and within seconds said, "there is one 3 blocks from here, lets go I will give you the directions on the way."

This simple step demonstrates that we are going to need both the marketing integration of outside and inside an organization, including outbound ( traditional advertising) and inbound ( Internet, new and social media) to support a product.  Product awareness is still going to be required and the building of a brand is still going to be required, however the mobile generation is going to require easy access points of entry and guidance about how to purchase products as well as a process for purchase.

People are still going to want to buy, we just need to give the customer the tools and the approaches to continue to carry out the purchase.  This is going to be a huge transformation for a lot of traditional companies especially those who have put a lot of focus in on bricks and mortar and expect customers to come through the door.

For example, many retailers are still using flyer's as source of new customers.  Many are finally getting smart, collecting email addresses, developing loyalty and information programs and marketing directly to them with emails, but that's it.

There is limited customer engagement with transient customers looking for a place to spend their money.   For a real marketing transformation in retail its going to take some hard work and its going to take a lot of looking at the current way you carry out your business, not just the marketing of your business but your business as a whole.

For example, we still have those businesses that treat a customer as if they are a nuisance.  Especially in Canada where customer service is appalling in both restaurants and in big retail stores. Its no wonder that Sears, Zellers and The Bay are all struggling to get new customers.  The mobile customer could care less, he/she can get anything they want wherever they want.

As business owners, it should become the first question you ask yourself when you get out of bed in the morning.  Where will our company be in 2020?  If you can't answer that question, then you will need to start today looking at where you want to be and developing a plan to get there.

Just like those companies that did not think web sites or telephones would catch on, the new customer is totally mobile and its going to take some time to figure out what you need to do an you better get started.

Kensel Tracy is Marketing Coach, Senior Partner in the Corporate Coachworkz and a trusted adviser with Stratejis Business and Marketing Transformations.  He can be reached at kenselt@sympatico.ca

.

Taking on More Than You can Handel

When you take on too much, your business can’t keep up and therefore you can easily lose control of everything and find yourself barely functioning. You want your business to be successful, no doubt, but you need to have a plan for how you will handle the growth. Your clients expect great customer service and highly quality products/services, they don’t know or care about your behind the scenes operations to get those things done.

·       Look for these signs that you are taking on more than you can handle:

·       Clients’ needs aren’t being met.

·       Employee morale is low, clients are upset and you’re in a panic.

·       You have to react in emergency mode to save accounts.

·       Your current clients are suffering from trying to keep up with new business.

·       Profits are going down.

·       You are just trying to pick up the pieces of your business.

·       Your clients/customers leave.

·       Resources are being reallocated.

There a trick called the Mock Fish Plan. This plan can help you react positively when you are facing some or all of these things and help you get your business back on track. This plan will:

·       Help increase sales in a short period of time.

·       Alter your products/services for the better.

·       Fulfill promises you made to your clients.

There are six steps to this plan:

1. Bring in your best team and have them all help to meet the fish needs.
2. Review your operational system.
3. Anticipate future problems better.
4. Communicate better.
5. Include costs in your quotes.
6. Always have a back-up plan.

All Your Eggs in One Basket

You can allow your company to become dependent on any one fish. Eventually or for certain periods there is going to be a slowing down period with your fish. In order to stay in the game you need to diversify.

If you’ve ever mishandled a fish, you could drive away potential fish as well. In order to keep balance and prepare for a strong future, there are a few things you can do.

·       These things include:

·       Stay in the loop and try to know what’s going on inside your fish company.

·       Constantly reinvent yourself and stay at the top of your industry.

·       Stay exclusive.

·       Try to secure multi-year commitments and contracts.

·       Spread your contracts out.

·       Price your products/services correctly.

You also need to work to reduce your dependency on your fish. This can generally be measures in sales or profits. Take a look back at the process we’ve used thus far to snag more fish to keep this all in balance.

These are the ways you can help avoid the killer mistakes that can make you lose it all.

Up Cash Creek Without a Paddle.

Even when business is good there’s still a change of running out of cash flow. You have to always be prepared for a slow in sales or a surge in expenses. One of the keys to balancing your cash flow is to get your clients to pay on time. This can seem like a nightmare, but is absolutely essential to a successful business.

Here are some tips to speed up the payment process:

·       Always send invoices on time and adjust your records for potential audits.

·       Learn how the client processes payments on their side and find out precisely where to send invoices.

·       Find out who’s in charge of processing orders and payment, so you know who to contact if needed.

·       Have a follow-up procedure in place, just in case.

·       As a last resort, call your contact to ask questions.

·       Always make sure your invoices are correct before sending them out.

You also need to make sure your cash flow is protected. You can do this by:

·       Always know which accounts need paid and when.

·       Negotiate with your suppliers for the lowest cost possible.

·       Have a bank contingency plan in place.

·       Build your own inventor network.

These are all great ways to protect the cash flow of your business and prepare for fish transitions and slow sales. These last few lessons are all about finding and catching your big fish clients. These clients are essential to your success and your need to take the time to work through each of these steps carefully and correctly for the best success.  If you need more help in these areas, just contact me and we will help you with business and the transformation of your business.

Do It Like the Big Dawgs!

Today we’ll take a look at how the kings of industry wine, dine and otherwise cajole prospects.

Most of successful professionals use a series of information based ads that build emotion and a call to action. These are much more effective than a standard company branding advertisements. The same principles that go into putting together a high impact (and, often, high priced) ad campaign can be adapted to fit your needs with similar results.

Here are some ways to put together and execute a professional, effective ad campaign:

1. Put together a short report that’ll you’ll automatically send to prospects when they contact you. This should include a short description of your business and what you specialize in. Don’t forget to include case studies, samples or other proof of your success.

2. Develop value-oriented social media strategy including: Google, Facebook, Twitter, Linkedin and other other social media activities, tell everyone about your business.

3. Consider newsletters as a way of educating and informing customers about your industry and services offered.

4. Offer a free seminar, webinar or other lecture to build awareness of your business, but make sure you make the information pertinent to your target market and find speakers who are respected and known in the industry.

5. Buy an existing business, introduce better marketing and grow this new business faster than a “from scratch” business.

6. Always test different versions of your ads to find the most effective ones.
7. Use direct mail marketing to grow your business.

8. Put together a database of previous customers and send them new information.

9. Offer incentives such as frequent purchasing benefits, loyalty programs, referral programs or others.

10. Approach large firms who may need your services and negotiate a deal to be their exclusive expert in your field.

Need more marketing information, check out www.marketingandsalesuniversity.com, get one month all access for only $1.00 Over a million dollars in research has gone into this University. If you have topic of interest or want more consultation, contact me at kenselt@sympatico.ca

Welcome to a World of Extremely Wired Woman

It’s a crazy tough world out there and women networkers in the technology field in Canada now have a new group to network with. Called Wired Women, the organization is a new networking group that focuses in on helping women in the technology field grow their business, their networks or their careers and it has now has branches open now in Toronto and Vancouver.

Network, educate and mentor are three words that have guided the volunteer networking group Wired Woman since its inception and symbolize and remain the pillars of the organization.

Wired Woman’s mission is to create an environment that encourages women to explore opportunities in technology, science and new media and to build successful careers that will allow them to become a driving force in these expanding sectors.

If you are finding it a challenge to meet people in the technology, science and new media sector then Wired Women helps you network. The group’s intention is to attract as many talented, interesting women in technology as possible, to grow our community and to provide forums for everyone to interact without the barrier of an annual fee.

At regular events, seminars and social functions Wired Women provides members and volunteers with real opportunities to gain exposure to an industry that otherwise can seem intimidating and confusing. It helps women to grow their network, meet interesting people and make lifelong connections.

Wired Woman also runs regular workshops, seminars and events to educate and empower women in the technology sector. We also provide training, support and resources to help our members learn more about the many opportunities available. Volunteering for Wired Woman also provides an opportunity for members to gain hands on experience, add to their resumes and to learn more about their industry.

The mentoring comes in when you need help crafting your career path or for someone to talk to who is in the industry? Wired Woman members are invited to apply to join a 6-month mentorship program. Aimed at women entering or re-entering the work-force, it is designed to help women who need career guidance.

Mentors meet with mentees at least one hour, monthly, for the duration of the mentoring relationship. This career mentorship experience is enhanced with networking events and education workshops.

You can follow Wired Women on Twitter, and join the Wired Woman groups on Facebook (Wired Woman Society) and LinkedIn (Wired Woman).For more information on Wired Women check out their website at www.wiredwomen.com
-------------------------------------------------------------------------------------

Kensel Tracy is the Marketing Coach with the Corporate Coachworkz Inc. in Chelsea Quebec and is President of Business Over Breakfast Clubs (BoB Clubs) of North America. If you have an interesting story contact him at Kenselt@sympatico.ca

City Of Ottawa Quizzed Over Atheist Ad Rejection

I have a good friend and colleague in the advertising business named Brad Boechler from Moodswing Media. His blog this month had a great take on exactly what's the bottom line when it comes to controversial adverting. Here is his take on how

"The City of Ottawa has been Quizzied Over Atheist Ad Rejection. Enjoy this -- its a great piece. -- by Brad Boechler

Ottawa is being questioned over why it rejected atheist ads proclaiming "There's probably no God.”

OTTAWA — the chair of Ottawa's transit committee will demand that city staff explain why they refused to allow atheist ads on city buses, even though ads quoting the Bible have been approved by the city and could appear on buses at any time.
The atheist ads, which say, "There's probably no God. Now stop worrying and enjoy your life," began in Britain and have spread around the world.
In Canada they've been on buses in London, Calgary, and Toronto, but were rejected by city staff in Halifax and Ottawa.
Justin Trottier, president of the Free thought Association of Canada, the ads' sponsor, said his group might ask a lawyer if their right to freedom of speech has been breached.

DID you spot it? Did you see The Worst Word in Advertising?
It is the word “probably.”
The fact that The Free Thought Association uses the word “probably” implies that even they aren’t absolutely convinced in their message. Is there an after life or not? Does GOD exist? Take a stand as a true believing atheist, (oxymoron) the sign should have read: There is No God, Enjoy Life.
If they are right and there is not a higher power, no harm no foul. Who is going to know? It just means that we are all in for “the big dirt sleep” nothing more.
I think that they use “probably” just in case they are wrong and hope that God has a sense of humor. “Oh, Hello Lord, imagine my red face.”
I find the whole issue humorous.

The Free Thought Association has received thousands of dollars worth of free and undeserved local media exposure.

But the word “probably” is not what has generated the attention.
The key to this campaign’s success is that Free Thought needed some uptight bureaucrat to refuse the advertising and that is exactly what they got. If Halifax, Ottawa and other Canadian cities would have accepted this ad placement as a normal course of business as they accept advertising with religious connotations, this campaign would have caused only mild curiosity and would have gone somewhat unnoticed. The Free Thought people were betting on the fact that the public sector is frozen with fear of offending anyone and it worked. I would be surprised if this story is getting as much play in the news in the cities that have accepted the campaign.

If you want to continue to wonder about whether advertising and marketing works use wishy-washy, milk toast, hedge your bet words like “probably”.
Create concepts that define who you are and what you stand for clearly and imaginatively.

What if some of the most familiar and famous marketers used the atheist approach to advertising. Would you be convinced of their quality of product or the passion for their business?

McDonalds: I’m Probably Lovin’ it.
Nike: You Should Probably Just do it.
Home Depot: You Might do it. We can Probably Help.
Staples: That was Probably Easy.
Allstate Insurance: You’re Probably in Good Hands, Maybe.

WOW! Can you feel the connection, the impact?

If you want your advertising and media dollars to go further, simply offend someone.
By the way, The Free Thought people say the ads are part of a nationwide campaign to raise awareness about the rights of non-believers. So I intend to do “nothing.”
There Is Probably No Recession. Stop Worrying. Now Spend Your Money.
I am almost positive that I have made my point today, so I will leave you a few random thoughts:
- Would a sign on an atheist restaurant read; No shirt No shoes No God?
- Do atheists tell their kids about Santa Claus?
- I have heard that atheist dyslectics don’t believe in dogs.
Stay in good mood,

You can reach Brad at Moodswing Media at Brad Boechler@rogers.com, he's a great guy and great marketing pro... and he is out of job and needs work, call him, he can help.

Mike Hughes “Canada’s Networking Guru” – Gives His Personal Opinion on Networking

As a blog writer, you always have your eyes and ears open for interesting networking stories that you can share. One such story comes from the Ottawa Networking Group on LinkedIn where Mike Hughes “Canada’s Official Networking Guru” hangs his hat. I first saw Mike’s networking handle when going through the members of the network to see if I could find a few friends of mine. I contacted Mike to see if he would be interested in giving me a story on who he was and how he became “Canada’s Networking Guru”. The rest was left up to Mike.

After a few emails back and forth about getting together for the story I got bogged down in making a living and then December rolled around, and Mike and I still had not been in contact. Then out of the blue, an email arrives with an important comment on an area that I should consider in regards to a new business concept I was launching in Ottawa and whose name was signed to that email; Mike Hughes “Canada’s Networking Guru”

Mike’s been in the networking game for the past 15 years. He got his impressive title from a newspaper article that ran a story on him and a writer that was so impressed with Mike, his programs and his approach to networking that he called him “Canada’s Networking Guru” and it stuck. He now uses this name to identify everything he does in the area of networking. It only takes a few minutes in conversation with Mike and you know you are talking with a special individual. His rapid delivery of who he is and why he got involved in networking convinces you early in the discussion that he is the real deal. He tells you about his impressive background as Past Chairman of the Ottawa Chamber of Commerce, his life as a professional speaker at international conferences and his view that “networking is a skill you develop” and “not something you do’ and you are engaged immediately. His social capital is worth receiving and it’s sprinkled with valuable information from the get-go.

“Networking” says Mike “is a business skill that most of us should learn and don’t”. Without catching a breath, he continues “networking should be a corporate required competency that everyone should learn whether they are in management, sales or owning a business” Now Mike’s on a roll. “Networking is about building a relationship on steroids, it’s not about selling yourself or your business but focusing in on building a solid relationship with others and you have about three minutes of conversation to build a meaningful relationship with others so you need to get it right from the start.”

He then goes on to tell me more about his “Networking for Results System” which includes some 40 hours of audio and written work and his ½ day and full day training sessions. Mike says that networking is all about context, communicating effectively and contributing to others. Mike is also a man in demand. He has been training businesses people, associations, government departments, and members of Chambers of Commerce across Canada and has spoken to groups all over North America on his “Networking for Results System’. Mike has me all fired up and I want to learn more. I hope you do too. This column is just the start. To get more information and valuable networking tips from Mike Hughes “Canada’s Networking Guru” check out his website at www.networkingforresults.com.


Kensel Tracy is the Marketing Coach and is a Senior Partner with the Corporate Coachworkz Inc. (www.corporatecoachworkz.com) in Chelsea, Quebec. He is also launching Business over Breakfast Clubs (BoB Clubs) business and breakfast referral networking clubs in all cities across North America.

Marketing Secrets from Anita Campbell and Friends

I recently read a good post from Anita Campbell, Small Business Trends Magazine, where she asked some prominent online marketing people to post their best marketing secret. Here is a sample -- hope this helps in your quest and thanks Anita.

◊ Seth Godin, SethGodin.com – “Make promises and keep them. So obvious, it’s become a secret.”

◊ Jackie Huba, Church of the Customer – “Attracting is the new selling. It is theleast-visible, and least-examined principle behind most companies today that are growing quickly through word of mouth.”

◊ Jonathan Fields, Awake at the Wheel – “Decide whether you want to feed your ego or your family. Sexy, expensive image-building campaigns might win your ad-firm a Clio, but, with rare exceptions they don’t put money in your bank or food on your table …at least at the level small businesses can afford. So, drive your branding efforts with free PR in the early days and spend your money on measurable direct-response marketing that delivers X dollars of revenue for every dollar spent on marketing.”

◊ Toby Bloomberg, Diva Marketing – “Forget what your mama or your preacher taught you. The Golden Rule does NOT work for developing marketing strategy. Your customers do not want to be treated “as you would like to be treated.” In understanding your customers you might discover that their values, needs and expectations differ from yours. New Golden Rule For Marketers: Do Unto Your Customers As THEY Would Like To Be Treated.”

◊ Scott Shane, Author of “Illusions of Entrepreneurship” – “The data show that most entrepreneurs compete on price, but doing this leads companies to perform worse. New companies are better off competing on service, quality or some other dimension.”

◊ Tim Berry, Planning Startups Stories – “One of the most expensive myths in marketing is that lower price produces higher volume. That might be true for coal or gasoline, but not for most businesses. Lower price means, well, ask yourself: do you always eat at the lowest price restaurant? Buy the lowest price clothes? Do you drive the lowest priced car? Pricing is your best statement of value.”

◊ Andy Birol, Author of “The 5 Catalysts to 7 Figure Growth” – “In striving to please their customers, too many marketers believe they must exceed expectations. Better yet, marketers should just ask and listen, for what they will learn and hear is often a different, more modest need, which when fulfilled, will profitably delight the customer.”

◊ Drew McClellan, Drew’s Marketing Minute – “Do Less. One of the most tempting aspects of marketing is the veritable smorgasbord of different marketing tactics that you can toss into a marketing plan. It’s almost overwhelming.
Many marketing professionals make the very understandable mistake of believing that more is better. But they’re wrong.You will be vastly more successful if you do less, but do them better. Pick 3-4 marketing tactics that you think are really going to be valued by your audience and drive the behavior/action you’re looking for. Then, figure out how you can do them in an extraordinary way


COMMUNICATING AND MESSAGING

◊ Scott Ginsberg, That Guy with the Name Tag – “Don’t have a business card. Have a philosophy card. In order to do so, ask yourself the question, ‘If everybody did exactly what I said, what would the world look like?’ Come up with 5-10 answers, then print them on a nice, thick, laminated card. Include your contact info, picture, branding, etc. Give it to EVERYBODY. It will be the only card they will not throw away. This marketing tool has made me well over $50,000 in new business.”

◊ Brian Moran, Publisher, Small Business Edge – “LESS IS MORE: In today’s cluttered world, your customers are being bombarded with thousands of messages every day. In order to rise above the noise level, you need to capture their attention immediately and then hold it while giving them your pitch. You must be able to deliver your message, if necessary, in 25 words or less. Include your main feature and the main benefit in the message. If you hook the potential customer, they will gladly ask you for more information.”

◊ Yvonne DiVita, WME Books – “The best, very best marketing secret I have is: Show enthusiasm. I blog, I attend networking events offline, I speak, I personally answer 95% of the email I get … and in all of that I present a focused, happy, enthusiastic face to whomever I’m speaking to. I do not have to feign enthusiasm because I am truly excited about people. What they’re doing, how they’re doing it, and why they’re doing it. And I take more business cards than I give - the better to connect with a personal note later on. I’m fascinated and eager hear about new businesses or products.

This doesn’t bring me business, and it isn’t intended to. It’s intended to validate the listener’s idea - and sometimes offer a tidbit of advice. Because of this, people remember me. And they send me referrals. Most of my business is achieved via referrals. I do not have to spend a lot of cash on marketing - because my best marketing tool is my own enthusiasm for the people I meet. It’s memorable - and it creates word of mouth better than anything else I do.”

◊ David Powers, GotVMail Communications – “People don’t like to be sold. If they did, they would spend all their free time in car dealerships. Instead, people want to be informed, they want to be educated. You’ll find your best customers are those you educate about your product or service and who then decide to purchase it because it is a good fit for them.

Prospects who buy your product/service but are not educated about your offering will be disappointed. They will not be return customers. Worse, they will tell others how they got ’sold’ by you. In the Internet age, this can quickly be very destructive to your business.”

◊ Michael Port, Author of “Book Yourself Solid” – “All sales start with a simple conversation. It may be a conversation between you and a potential client or customer, between one of your clients and a potential referral, or between one of your colleagues and a potential referral. An effective sales cycle is based on turning these simple conversations into relationships of trust with your potential clients over time. We know that people buy from those they like and trust. But as Sir Winston Churchill once said, ‘It is a mistake to look too far ahead. Only one link in the chain of destiny can be handled at a time.’”

◊ John Battelle, Searchblog – “The best kept secret in marketing is to invest your time in eliciting and responding to your customer’s feedback, even if it’s negative. It’s the secret to building a network of evangelists who keep on giving back to your business ….”

ONLINE MARKETING

◊ John Jantsch, Duct Tape Marketing – “Become a journalist - no, I’m not really suggesting that you join the staff of some publication, but the acceptance of new media tools like blogs and podcasts has turned the marketing tables - so take advantage of the allure of a reporter and start a blog and podcast and request interviews with industry leaders, community leaders, authors and maybe even your biggest prospects. Instead of asking for a meeting to demonstrate your product, ask to feature your prospect in your next blog or podcast episode. You will automatically change your status in their eyes, increase your role as an expert and create great content for your marketing materials.”

◊ Yaro Starak, Entrepreneurs Journey – “There’s something I do that very few other bloggers do - build an email list. My secret tip isn’t to build a list though — that’s pretty obvious to anyone who markets online. It’s how you use your list and your blog together that is my secret.

Here’s one simple example. I write product reviews to my blog now and then. I write a solid review, with my honest opinion and what I think is good and bad about the product after using it. I post the article to my blog and usually make a few affiliate sales as a result.

I then write a short email to my list designed to bring people to the review and add the email to my autoresponder sequence. From that point forward at some point everyone who joins my list eventually receives the email and visits the review. This ensures I have a steady stream of traffic to that review, even long after it is hidden in my blog archives AND I continue to make affiliate sales.

This is a formula for passive income from just writing one blog article and one email, though of course you want to do it again and again with new products to multiply your earnings. Good luck!”

◊ Matt McGee, Small Business SEM – “SEO is just like traditional marketing. In the “real world,” you want to create a great product and get people talking about it. Online, you want to create great content and get people linking to it. Same theory, and often the same techniques. Develop relationships with journalists offline; do the same with bloggers online. Engage with customers offline; engage in social communities online. Give people something to talk about (and link to), join the conversation, and you’re on the road to SEO success.”

◊ Liz Strauss, Successful Blog – “The best promotion is to promote other people. Promote your customers, their friends, and yours. Always be looking for what other folks do well and be the first to talk about it. Be the first to point people in their direction. There’s no better way to show that you’re a generous team player, a great judge of skill and character, and completely confident about the work that you do.”

◊ Maki, Editor, Dosh Dosh – “Timeliness is my marketing secret. A lot of marketers talk about networking with influencers and successfully building trust with their audience in order to evoke widespread brand adoption. While the developing of trust indicators are important, I think some of the most successful online marketing is done as a response towards current affairs, events and news. The best marketing advice I have is to be timely, to react to socio-cultural feedback and then capitalize on it by co-opting the incident/subculture’s language or frame.

Newspapers are publicity manufacturers. Monitor them closely because what your customer or audience reads influences their opinions. Observe their feedback. Market your business by riffing off and building upon the natural flow of news. Timeliness is an opportunistic and powerful way to not only build relevance but demonstrate that your business is in tune with the concerns of the community.”

◊ Mack Collier, The Viral Garden – “Success in blogging is dependent upon having a built-in direct benefit to others. For example, many companies want to approach blogging as a way to sell products to customers. But blogs don’t work well as a direct-selling channel. The key is to first provide a benefit to readers by creating content and community that offers them value. By giving readers a direct benefit, the company then benefits indirectly by seeing sales increase as a result of their blogging efforts. But if the company instead tries to directly promote themselves, readers will see no value in this, and the blog will die.”

◊ Guy Kawasaki, Truemors -– “Do the opposite of what bloggers think you should do.”


SOCIAL MEDIA MARKETING

◊ Dharmesh Shah, Hubspot – “The power of second-order Internet Marketing: Small businesses should consider the positive marketing impact of “second order” effects in Internet marketing. A second-order effect is when you do not promote yourself directly, but help promote others who have mentioned you, linked to you or referenced an idea or concept that you agree with. The simplest example is when a blogger mentions your business in an article they write (even if you are mentioned only incidentally). If you like the article, you should help promote the article in the social media sites (Digg, StumbleUpon, etc.). This is better than trying to promote yourself and can often create significant traffic, PR and marketing good-will.”

◊ Brent Leary, Host of Technology for Business $ake Radio – “Promote your book, blog, podcast series or business by using LinkedIn Answers. No, I’m not talking about spamming LinkedIn. Here’s what you do: Ask for opinions on a particular topic and link back to your blog, etc. in LinkedIn Answers. Some people will also be intrigued enough to visit your blog, investigate your book, subscribe to your podcast — they will check out whatever your question is in connection with.

Beyond that, if you quote some of the answers you receive (on your blog or use them in a radio interview or in an article you write for publication) then you could get an additional viral effect. Because those who are quoted may pass around the link that refers to them, to their friends, colleagues and family.

I did this when I interviewed Don Tapscott about his book Wikinomics. On LinkedIn Answers, in advance of the show, I asked if anyone had a question they wanted me to ask Don. I got a number of comments and used one of the reader-suggested questions in my radio show, linking to it from the show page. That reader later sent me an email saying he had passed the show link to others and also wrote his own blog entry linking to the show. And show listeners got the benefit of hearing a question that they themselves might have wanted to ask a famous author.”

◊ Jennifer Laycock, Editor, Search Engine Guide — “One of the least utilized social media sites for subtle marketing is Flickr.com.

I think people picture Flickr as just another place to store their images. In reality, Flickr is filled with vibrant communities of highly engaged users. There’s a discussion and photo sharing group for nearly any topic you can think of. Now it’s easy to write that off and say “there are discussion groups everywhere” but that would be a mistake. You see the discussion groups at Flickr are made up of people who not only talk about these topics, but care enough about them to take pictures and upload those pictures as well. That means the members of a Flickr group tend to be more fanatical about their topic than your average discussion board member.

There are several great ways to leverage Flickr.

1.) You can join a group and post in the discussion threads to establish yourself as an expert. This will lead people back to your profile where you can easily promote your web site, blog, etc.

2.) You can geotag your images. Flickr is owned by Yahoo!, so in my opinion, it’s only a matter of time until Flickr’s geotagged images get meshed with Yahoo Travel. Anyone who owns a tourist destination would be crazy not to be uploading geotagged photos of their hotels, grounds, nearby hiking trails or any other scenic spot.

3.) You can add descriptions, tags and even in-picture captions to your photos. You can also add links. This creates new links from a valued site and drives direct traffic to your site. The key here is to make sure you aren’t adding links to more than 10 or 15% of your photos. As with any social community, you HAVE to add more value than you pull.

4.) You can build relationships with other passionate bloggers in your niche. I’ve found Flickr can really fast track your attempts to network. When you’re talking to people via Flickr with an avatar and a photo it’s much easier to stand out.

The key here is that Flickr is only going to work for companies who have a visual component. Landscapers, gardeners, custom car detailers, chefs, salons, tourist spots ….”

And, of course, your humble author’s own tip:

◊ Anita Campbell, Small Business Trends – “This is a tip for those of you who run blogs and online publications: Treat PR people with respect.

(1) PR people bring news your community will value and save you the time of finding it on your own. I’m not suggesting you regurgitate press releases word for word. Instead, use the release only as a starting point. Gather additional facts. Then write it YOUR way.

(2) PR reps will bring you scoops and exclusives. PR reps who come to trust you will send you news early, under “embargo.” They’ll also make company executives available for interviews.

(3) PR reps will circulate your article about their client on email distribution lists and on company intranets. Sometimes you’ll get linked back from the Press section of the client’s site. This can drive considerable traffic. (Never pander to get links. Write objectively and only about subjects of value to your audience — you’ll still get links AND preserve your self-respect.)

(4) Don’t lose your temper in public on your blog at some inexperienced PR rep who sent an awkward email pitch. Just hit ‘delete.’ There’s no upside to making public enemies of PR firms.”

◊ Ivana Taylor, Strategy Stew – “Target those markets and customers that you love that love you back. In other words don’t work with jerks or people you don’t like. There are enough customers out there for everyone and the ones that love you value what you do and see so much value that working with you is literally priceless. The first step in doing this is knowing your strengths and special gifts that make you irresistible to your target audience. The next step is to love them enough to know what they want and then just give it to them lovingly and from the heart.”

IBM Figures Interactive Advertising Formats will Grow

I recently read this press release from IBM. The following information was provided. IBM Global Business Services unveiled its new report, "The End of Advertising as We Know It," forecasting greater disruption for the advertising industry in the next five years than occurred in the previous 50.

To examine the factors influencing advertising and explore future scenarios, IBM surveyed more than 2,400 consumers and 80 advertising executives globally. The IBM report shows increasingly empowered consumers, more self-reliant advertisers and ever-evolving technologies are redefining how advertising is sold, created, consumed and tracked.

Traditional advertising players risk major revenue declines as budgets shift rapidly to new, interactive formats, which are expected to grow at nearly five times that of traditional advertising. To survive in this new reality, broadcasters must change their mass audience mind-set to cater to niche consumer segments, and distributors need to deliver targeted, interactive advertising for a range of multimedia devices. Advertising agencies must experiment creatively, become brokers of consumer insights, and guide allocation of advertising dollars amid exploding choices. All players must adapt to a world where advertising inventory is increasingly bought and sold in open exchanges vs. traditional channels.

This gives marketeers even bigger challenges as the market is becoming even more diversified. Canadians now spend on average 14 hours per week on line. This is more time than is spent watching television. As the market changes so will advertisers. It will become more important for products to be even more consumer friendly as social networks will now dictate the next hot product. Traditional advertisers will need to work a lot harder in finding out who their audiences are and spending way more time developing customer loyalty. In the next few weeks we will talk about some of things you can do to successfully cultivate customers and find ways to sell is an every changing market.

Kensel J. Tracy is a a marketing coach and Senior Partner at the Corporate Coachworkz Inc. located in Chelsea, Quebec.

Social Media, It Can't be Ingnored by Marketers

Millions of people are gravitating to social networking sites such as MySpace, Blogger and Facebook. At the same time, other medias such as television, print, magazines are starting to lose numbers or their numbers are on the decline. For example the Wall Street Journal mentions that Blogger.com had 142 million visitors during September 2007, while Windows Live Spaces had 119 million, MySpace had 107 million, and Facebook had 73 million. With numbers like these marketeers can not ignore this trend. There is still some big debates about whether these sites will last and will there be a return on the investment for investors and advertisers.

For the advertiser however participating in social media is a good way to build brand awareness and get customers to know and try your product. At this point these markets are strictly for those companies with deep pockets as most small businesses cannot effectively participate. Having a good blog attached to a product however helps you get more personal with your audience and adds credibility to what it is you do.

A recent experiment of mine, had me announce a new meetup on a topic of interest and within a few days I had four people that were interested in coming to my event. I was surprised as to the scope of the network in only a couple of days. Some expensive radio and print campaigns are lucky to draw a response like this in such a short time.

Its only a matter of time before even small businesses will need to how to build and/or participate in a local social networking group. All marketers are going to have to also get fully up to speed knowledge wise on social networks, as it only a matter of time when everyone in business will have to accept these networks and they will have to be taken very seriously.

There are already major networking sites for people over the age of 40 and now Eons a new social networking site for people over 50. Marketers and business everywhere take note, Web 2.0 and social networking are here to stay.

Kensel Tracy is a Business Coach and Senior Partner with the Corporate Coachworkz Inc. in Chelsea, Quebec.

The Beginning of the Personal Brand

Well over the past few months I have been doing a lot of research on social network marketing and I am finding that things are changing quite fast. For example, a couple articles this week showed that traditional media buys are on the decline while web marketing and personal brand marketing are on the increase. Personal brand marketing is using the Internet to promote your products and build your brand. An example is the " Just Start a Business" campaign promoted by http://www.meetups.com/ which promotes getting a group together to just start talking about starting a business. The sponsor, Quicken Get Started, small business accounting software promotes the events, helps to offset the cost of the Meetups site and offers a free starter accounting software to those attending the event. In the past these dollars would have gone into mainstream media advertising.

Another examples is last year, Johnson & Johnson decided to boycott the so-called upfronts, an annual event when advertisers get together with television executives to negotiate for commercial time. In August, General Motors said that 2008 would be the last year for its longtime sponsorship of the Olympics. In May, A. G. Lafley, the chief executive of Procter & Gamble, told financial analysts that the company would spend less on traditional media and more on its Web site, in-store advertising and promotional events.

Another example is to take Nike's marketing pitch. Today,many Nike ads are shown only on the Internet. Wayne Rooney, the British soccer player, is currently featured in a series of online videos for Nike. In 2005, Nike placed a 2-minute, 46-second clip of the Brazilian soccer player Ronaldinho online, instead of on TV. The video has had more than 17 million views on YouTube and became so well known that some television networks like Sky Sports and the BBC showed it in their news coverage — free. I would like to thank Louise Story for her October 14, 2007 story, The New Advertising Outlet: Your Life. in which she give the details above and a whole lot more interesting reasons why Internet and personal brand marketing will become even bigger in the years to come. I hope to cover this topic more fully in my next up coming blogs. In the meantime think about how you are building your own personal brand. I will give you some tips in the days and weeks to come.

Kensel Tracy is the Marketing Coach and is Senior Partner with the Corporate Coachworkz Inc. located in Chelsea, Quebec, Canada. He is currently writing a new book called: Building Your Personal Brand, Finding Your Way in the Real World. see his website as http://www.corporatecoachworkz.com/ or at kenselt@sympatico.ca