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Top Marketing Tips For January

  1. E-myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It by Michael Gerber. You may have heard us mention this great book in the past. E-Myth Revisited should be required reading for anyone thinking about starting a business or for those who have already taken that risky step.
  2. Having multiple social networking accounts online means having to individually update your profile picture on each network. Avatar Harmony helps you synchronise your profile pictures between Facebook and Twitter.
  3. Create your own QR code online. QR codes are a square matrix type barcode that hold encrypted information. They are widely used in marketing to provide an extremely easy way for end users to be directed to web content, initiate an SMS, and receive contact information as a Vcard and more.

 

Marketing Trends 2012

2012 has arrived and we are very excited! It is time to look at the challenges and opportunities ahead and start planning your marketing strategy for 2012, if you haven’t done so already.
Relationships are key

According to numerous marketing sources and we’d agree, the future of marketing lies in customer relationships. This is supported by the rise of social media, where consumers can engage with your brand at anytime. Gone are the days when companies could control external communications concerning their organisation. The power now resides with the consumer or client. Listening and responding to their needs is vital.

Traditional advertising is over

Your customer’s ability to identify whether what’s being promoted is something useful to them or just “advertising” has become infinitely more acute. According to Andrew Baird at Amazing Business, ignoring ads is at an all time high, so successful marketing relies on being shared online. Customers can then “like”, recommend and share their opinions through this medium.

Word of mouth marketing

Now more than ever, a consistent online presence is crucial to business success. Through conducting regular client surveys on behalf of our clients, TLC Business has persistently found that referrals, whether on or offline, are still a vital tool for sourcing a new service. The rise in social media activity has made it much easier for consumers to recommend or advise against a service and have their message shared far beyond their own social circles. This is further verified by the Buyersphere 2011 report on changing B2B buyer behavior, which identifies referrals as one of the most influential channels when appointing and sourcing a supplier.

Integrated on and offline

Alongside active consumer engagement, TLC Business emphasises the importance of  on and offline marketing convergence.  With all the noise about digital marketing, it is easy to forget that more traditional marketing methods can still be incredibly effective. Using both mediums together can result in greater returns on your marketing investment. Integral to successfully implementing this strategy is ensuring all your marketing efforts support each other, working in unison, rather than each independently in its own bubble. For successful integration, make sure online and offline business campaigns are consistent, coherent and in sync with each other.

QR codes

TLC Business’ Director, Josh Spencer, believes that 2012 will be the year QR codes finally realise their potential and become more widely used. For those that haven’t heard, QR is short for Quick Response. These barcodes are used to take a piece of information from an advertisement or product and transfer it to a mobile device. For small businesses, this code can be added to a wide variety of marketing material, including: stationery, adverts, promotional items, posters, stands etc. and direct users to a specific landing page. Using this tool means that information about your business can be accessed instantaneously and at any time. Crucially, it also gives businesses a fantastic way of measuring the effectiveness of a variety of marketing tools that previously would have proved difficult.

Don’t get lazy

Don’t rest on your laurels. What has worked in the past will not necessarily prove effective today. Make sure you adopt strategies that are up-to-date with today’s “switched on” consumers and exploit the latest improvements in marketing tools and technology. For businesses looking to grow their client base and improve customer relations, developing a well rounded and relevant marketing plan is essential. In today’s fast moving society, marketing strategies should be constantly evolving and changing; tools that were successful in 2011, may not be as effective in 2012.

Do your homework

The beginning of a new year also allows business owners the opportunity to diversify their marketing. Research shows that 57% of entrepreneurs interviewed said that marketing was their top priority this year. SMEs that want to continue to build their reputation in the marketplace in 2012 must be aware of consumer needs. Experimenting with different channels will enhance your opportunities, so what better time to try new approaches. Determine those channels that are most profitable and those that aren’t. The New Year marks a time for change, and small businesses are no exception. By refreshing your marketing strategy, you can breathe new life into your business and make 2012 a great your for your business.

We are looking forward to joining you on your journey!

A Digital Christmas

We know Christmas is upon us when the Monday morning office discussion is based around Mariah Carey vs. The Pogues or Buble vs. Bieber, like it or not, Christmas is a matter of days away.  Whilst many B2B businesses look at the lead up to Christmas as an opportunity to get their house in order, for many B2Cs this is the most important time of year. With shoppers keeping tighter hold of their purse strings this Christmas, it is important for marketers, whether in the B2B or B2C sectors, to think creatively about how to use the wealth of marketing channels out there.  Here is how some more well known brands have been using social media and mobile marketing to engage with consumers this Christmas.
Mobile marketing – Santa’s little helper

Christmas is just around the corner and recent surveys have predicted a significant growth in the use of mobile this Christmas. With almost half of the UK population now owning a Smartphone, more people are turning to their mobiles for shopping research and purchasing decisions. Consumerchoices.co.uk has found that the UK alone is to spend as much on Christmas via mobile phone as the rest of Europe. The growth of mobile commerce continues to show that consumers are becoming more confident in using their mobile phones for shopping and purchasing items on the go.

The NSPCC are a great example for those thinking about mobile marketing in the lead up to Christmas. The NSPCC is once again running a seasonal campaign that will send the child (or big kid!) a ‘Letter from Santa’. The latest campaign from the NSPCC will be promoted and delivered via mobile marketing, with the charity looking to capitalise on the growth of the mobile internet in order to raise more funds in this festive period.  This year, the NCPCC have taken their traditional letter campaign a step further, a special microsite has been established, where parents will be able to order a letter from Santa for their children simply via their smartphones.

Mobile is becoming a key component in marketing and mobile advertising spend is expected to ramp up this Christmas as advertisers focus their efforts on reaching a growing, and increasingly engaged, mobile audience.

Social media this Christmas – Spread a little festive cheer

 Companies are finding new ways to talk to their consumers this Christmas. Stephen Haines, UK commercial director, Facebook, said: “Retailers are seeing more and more value from joining conversations on Facebook as a great way to hear directly from fans about what they want and what’s interesting.

“This Christmas, we’re seeing a lot of brands taking advantage of those conversations to reach not only fans but also their friends in fun, creative ways – including wish lists, gifting apps, exclusive deals and special Facebook offers. “

Facebook gives companies the forum to interact directly with their customers and for a real conversation to take place about the brand. This year Nivea launched a new Facebook campaign for Christmas, the Facebook page is designed to fit in with the skincare brand’s ‘Feel Closer’ positioning. Consumers can use the app to buy and send a friend a Nivea gift set, which will be wrapped in personalised wrapping paper featuring photos they have both been tagged in on Facebook. 

It hopes to target women aged 30-54 by encouraging the use of Facebook to share “moments of closeness” by uploading photos and liking, sharing and commenting on other people’s pictures.

Mobile service provider O2 has launched its festive social media marketing campaign, which will provide customers with a personal message from Santa. Using the social media platform, Twitter, consumers can send their messages to the O2 Santa.  O2 will then create a personal video message for the sender, which can be shared amongst friends.

This Christmas campaign has been designed to spread a little festive joy. Consumers can participate by tweeting the official O2 Twitter account, @O2 with the hashtag #O2santa. All of the video messages created will be hosted on YouTube, enabling customers to watch them again and again.

Head of social media at O2, Alex Pearmain, commented on this latest social media marketing initiative.

“Our social channels seemed the ideal platform to cheer customers up and we hope this campaign will help to cut through some of the current consumer gloom and spread some festive cheer.”

For any business owner, developing a strategy to encourage new business or shoppers back into stores for the crucial Christmas period is increasingly difficult; however, Christmas is a great time to get creative and build customer interaction, ready for the New Year. Last year, we reflected on the increase in online shopping. This year, online marketing has gone social.  So what will next year bring? Will Santa be teleporting his gifts down the chimney? We are looking forward to finding out!

The Rise in Digital Media – Continued

The nights are drawing in and winter is on its way, so what better time for companies looking to boost their marketing by getting online and involved in social media on the dark and dreary afternoons that we have been experiencing lately. Following on from Joshua Spencer’s presentation on digital marketing in July, we examine some more benefits to digital media and what it can do for your business.
Digital marketing is hugely effective for connecting with consumers in an interactive and engaging way. An increasing number of people are interacting and communicating within the social media sphere, and therefore investing in an online presence for your business is very important. Effective use of social media is no longer an option for companies, it‘s now a requirement.

Last week the luxury fashion brand Burberry told the Financial Times that they were investing more of their marketing budget into the digital arena, a total of 60%, more than three times the average.  In the past, Burberry relied heavily on traditional methods of marketing, such as print advertising; however they now feel that they need to be totally connected with whomever touches their brand and engaging with their audience via social media is a means of achieving this. The shift to digital marketing highlights how quickly industries are moving away from traditional methods of marketing in order to interact with consumers globally. Reaching out to consumers on multiple channels makes it more important than ever for a business to make sense of this new ‘marketing mix’

Create a two way conversation

As we have mentioned in the past, digital media can be a valuable asset not just for larger B2C organisations but also for your everyday SME. Twitter is currently dominating the marketing landscape, used by 82% of the B2B social mix. When it comes to expanding a business, “tweeting” has real value, enabling a two way conversation with customers, as well as promotion for any organisation. It is used by small businesses, as well as global companies, facilitating customer feedback, free marketing, improved brand recognition and a stronger connection with customers. Starbucks use of social media is a brilliant example of this.  The coffeehouse giant posts new offers and participates in interactive discussions with their customers about the offers on twitter daily. Computer company ComCast also offers a friendly Twitter customer support, including a photograph of the member of staff you are talking to.

Audience participation

Video is another personal yet dynamic way to engage with consumers, allowing them to participate and interact with a brand in order to obtain more information. Google recently reported that 35% of B2B marketers already using online video will increase their video budgets in the future.   A tool which is mainstream and accessible to all, video enables businesses to accumulate larger audiences quickly and effectively. The value of video is reflected in HSBC’s recent campaign. The bank held a competition for a £15,000 student bursary last year, and the decision to keep the media interactive was integral to the success of campaign. Students uploaded a 90 second video to Facebook stating why the money would help them change the world. Response to the campaign was outstanding: there were 50,000 interactions in one month and more than 2 million impressions. Check out Sprites Zero Skate ‘n’ Splash video below and HSBC’S winning entry.

This interactive YouTube video lets you instantly skip from one segment to the next, deciding exactly what you’ll see and when you’ll see it. Using keyboard keys 4 to 9, you can replay the skateboard tricks, skip others, and create your own rhythmic masterpieces.The promotional YouTube video, dreamed up by Coca-Cola Germany for Sprite Zero, minimizes branding because it’s creators “wanted the focus to be on the content and the interactivity.” They added, “This sort of video is quite different from what we at Coca-Cola usually do, in terms of ‘edginess’ and branding.”

 ‘Likes’ are not the be all and end all

Facebook is used by 67% of B2B marketers and 200 million people access Facebook via a mobile device each day.  It is guaranteed to expand your business presence on the web. However, it is also important to be careful with the type of interaction your social media attracts.  A recent study has shown that the more “likes” a brand has on Facebook, the less participation there was to a page by consumers.  A study by L2, an organisation for digital innovation, has found that the quality and not the quantity of consumers is extremely important.  Therefore, in the fast changing social media landscape, it is important for businesses to keep their pages up to date and interactive.

Another huge advantage of social media is that it is a free or low cost marketing strategy.  It brings a new dimension to an organisation’s communication – forecasts indicate traditional marketing will represent only 30% of SMB marketing budgets by 2015.  The objective of social media marketing is to draw the customer closer to your brand. Once engaged, maintaining an effective dialogue must be a priority. It is no good collecting likes, connections and followers. The real power of social media is only realised through regular communication and relationship building. Only then can your start turning followers into customers.

How to protect your business from social media

The media can be very powerful tool to promote your business. But over the last few years this important communication channel has changed dramatically. The advent and rise of social media,  the live indexing of search engines and the growing prominence of smart phones, has accelerated the speed with which ‘news’ is communicated . Millions can be reached in a matter of seconds.Social media may have brought businesses great opportunities to communicate with their markets, but the pace with which it develops, necessitates organisations consider how they will use the likes of Twitter and Facebook, without landing themselves in compromising situations. There are no guidelines, no rules, few precedents on how best to use it. They are being written as we speak.

The connection between social media and business has solidified over the last few years and it is not just the big consumer brands that are getting involved. More and more SMEs are creating Facebook business pages and setting up Twitter accounts.  As a marketing company ourselves, we highly recommend considering including social media within your marketing strategy, however, steps have to be taken to ensure that what is being said about your brand online is monitored and controlled.

Customers are increasingly using social media to air their opinions of a company or service. To get recommendations, fact find and discuss infinite topics. Businesses cannot control what is said, but unlike traditional face to face conversations, we are afforded the valuable opportunity to listen in and learn.

Trying to maintain brand reputation online, combined with higher levels of connectivity, may sound daunting for a business owner. Whilst large corporations can spend vast sums employing teams to monitor the ever expanding list of social media platforms, what can SMEs do without these big budgets? The opportunities that social media  affords small businesses mean it cannot be ignored. Indeed it should be embraced. The key is taking the necessary steps to ensure you minimise the risks when getting involved.

1. Put in place a social media policy

Effective social media polices set the guidelines, not only for what employees cannot do, but also set out best practices and activities that members of the team can do to help market the business online safely and professionally. The policy addresses the terms of usage, both during the employment relationship and after the employment relationship has ended. Social media policies prohibits the disclosure of confidential and proprietary information in postings and non-company communications. Staff members may not comment on any aspect of the business as representative s or imply representation without prior authorisation. Staff members should not to compromise the privacy of customers, colleagues, or any other affiliated party.

2. Google Alerts

It’s hard to track the reputation of your business and monitor what is being said about you on the net. One of the ways it can be done is through social media monitoring tools, a great free one is Google Alerts . Once set up, it will alert you to any mentions of keywords you have specified, such as company name, made online. It is an effective tool for gathering  both positive and negative feedback that can be responded to accordingly.

3. Make sure you commit to it

A reliable line of communication enables customers to easily feed back their questions and comments about your services or products. A simple email and mail address displayed prominently on your website and other marketing material once sufficed. However, social media has given consumers and businesses alike a platform to communicate directly in real time. Don’t ignore the opportunity to utilise this medium. Ask your audience how they want to communicate and set up the channels they use. Not every platform is necessary or appropriate. Don’t waste time and money trying to use them all. But make sure that if you do get involved you take the time and make the commitment necessary to do so effectively.

Above all else, be genuine and truthful. Over the last week or so, we have all  seen how quickly and effective social media can be at outing the truth.

 

UK businesses are going social in 2011

FacebookResearch indicates that a third of UK companies have now signed up to online networks. We all know about the big B2C companies such as Starbucks, Pringles and Adidas, who offer their audiences a strong presence on social media sites.  So what makes them so successful? Their use of Facebook fan page features to promote complimentary social media and advertising campaigns demonstrates a commitment to engage with their target audiences through proactive online interaction on popular social media channels.
Most recently, Adidas ran an exclusive Facebook contest where a fan could win an all-expenses-paid house party. What made this campaign so successful was that Adidas chose to work alongside MTV, a partner that echoed the Facebook user demographic, forming a perfect partnership. Adidas also promoted the contest on their fan page before and after the campaign. Once they had chosen the lucky winner, they used their page to share the fan’s blog posts, photos and videos from the party. This resulted in further fan engagement and interest.  Adidas and MTV used the power of social media after the event as a follow up tool, which offered added value to fans. Followers could see how the campaign played out, start to finish.

Fan pages such as these are actively engaging with companies’ target demographic. These pages have creative content, two-way communication, active discussion boards, images and videos. Facebook pages present an exciting platform for brands to directly engage with their existing and past customers and generate new ones. Case studies indicate that the more time you invest in your brand’s Facebook page, the better response you’ll get.

So you may be thinking, how does a Facebook page relate to my business? Every day we are asked the question, ‘Isn’t Facebook for friends and big consumer brands, how can I use social media in a B2B environment?’ Every organisation, no matter what sector is selling an idea. It might be associated with a product or less tangible like: ‘you should invest in our company’, ‘we need your donations’, ‘we’re a great place to work or volunteer’, or ‘we promise to take care of the planet and be good corporate citizens’. These are ideas that require social interaction and social media seems the perfect platform to facilitate it.

Deloitte, one of the big 4 consultancies, are a well known B2B player on Facebook. Deloitte annually recruit over 1000 new people. They know that in their industry recruitment is key, as human resources are their main asset, and they use Social Media to recruit as well as retain employees. Through a heavy presence on Facebook they are able to connect their employees together, and identify students from the best universities.

Deloitte produced another great example of a powerful Facebook campaign. To get their staff to reflect on Deloitte’s business culture and values, Deloitte launched a Deloitte Film Festival competition in which workers in their US offices were invited to submit short videos answering the question: “What’s your Deloitte?”. The campaign was a huge success with the videos posted on YouTube receiving 400,000 views.

As a business focused on working with SMEs, we know it is often difficult to find the time to focus your efforts on building your social media presence, as well as generating ideas for interesting content. Here are a few tips to help you get started in producing a successful social media channel for your business.

1. Use your own unique brand image on your profile. Use images and content that reflects the values of your business. It is common knowledge that the ‘about us’ and ‘meet the team’ pages  are often the most viewed pages of a website. Your Facebook page is an excellent platform to introduce your team.

2. Post relevant and industry related content.  Interesting content is required to keep people engaged. Use links to blogs, articles and videos that are relevant to your industry to supplement your own original content.

3. Start a conversation using social media. Facebook and Twitter are supposed to be interactive, participate in discussions on relevant topics or comment on someone else’s postings. Find every opportunity to start a discussion.

The Holidays Are Coming

For many, Christmas is an important landmark in the calendar. For some, it’s the culmination of a year-long planning process, and for others, it’s a last minute shopping trip to grab the Christmas essentials.
Whilst, we were all enjoying the BBQs, beach trips and summer activities this August, the people at the prestigious British department store Selfridges, were busy preparing their Christmas department; a whopping 145 days early; the earliest it has ever opened. Displaying decorations, Christmas trees and tinsel, the festive shop opened as an extravaganza of everything Christmas.  Is this too early to start Christmas marketing, or is it an example of great marketing planning, attracting customers early?  Well, according to Selfridges, you can never be too early. Last year their festive shop sold 1,000 baubles in the first week alone, simply down to tourists looking for a small memento to take home.

Here at TLC Business, whilst we were enjoying the summer evenings this August, Christmas wasn’t far from our minds. We believe that it is essential for companies to prepare and plan for the festive season, months ahead of time.  It should be part of your yearly marketing plan. We don’t necessarily believe you need to get your Christmas products on the shelves at the height of summer, but having a plan of action for the year’s last quarter is a must.

It is not just retail businesses that benefit from this advanced planning. Many B2B organisations view Christmas as an unwelcome distraction that disrupts their business. Advanced marketing planning for the festive period is not just relevant for consumer-focused businesses. The period will impact on business of all sizes and across the majority of sectors. You need to be in tune with the needs of your specific customers. In our opinion, it’s never too early for companies to start preparing for this potentially lucrative season, to ensure they maximise the marketing opportunities that surround it.

This is especially relevant for online retailers.  Adding new features and festive graphics to your website will be appealing to the eye; however, don’t neglect less obvious areas, such as ensuring your site is prepared for the surge in festive traffic. Online retailers should be reshaping their email, SEO and pay per click campaigns to benefit from the Christmas boom period. Now is the time to ensure that your site is robust enough to deal with Christmas demand, in order to satisfy your customers, instead of damaging your brand value with a poor performing site.

With consumer lifestyles changing, more and more people are turning to the web for their Christmas gifts.  With more brands then ever competing for business online, it is important that SMEs establish their Christmas marketing ideas early and incorporate them within their yearly marketing plan, ready for implementation months in advance.

Christmas may be a holiday for most people, but to many businesses it’s a prime opportunity to increase turnover and meet your financial objectives for the year. You may not be a big business like Selfridges, serving consumers, but that is no excuse to avoid planning your festive season’s marketing early, to maximise sales and get the results you require.