Author Archive
Marketing Mondays | Your Business is Small – So What?
Seth Godin knocks it out of the park again!
I was speaking with a social media-inclined friend about local SEO and how to respond to customers. Â Here, Seth discusses how small businesses are at an advantage in these and several other areas.
Lessons from very tiny businesses:
1. Go where your customers are.
Jacquelyne runs a tiny juice company called Chakwave. I met her in Los Angeles, standing next to an organic lunch truck. Like the little birds that clean the teeth of the hippo, there’s synergy here. The kind of person that visits the truck for lunch is the sort of person that would happily pay for something as wonderfully weird as her juice. And the truck owners benefit from the rolling festival farmer’s market feel that comes from having a synergistic partner set up on a bridge table right next door.
2. Be micro-focused and the search engines will find you.
My friend Patti Jo is an extraordinary teacher and tutor. Her new business, The Scarsdale Tutor doesn’t need many clients in order to be successful. This permits her to focus obsessively and that gets rewarded with front page results on Google. Not because she’s tried to manipulate the seo (she hasn’t) but because this is exactly the page you’d hope to find if you typed “scarsdale tutor” into a search engine. Could she do this nationwide? Of course not. But she doesn’t want to or need to. Living on the long tail can be profitable.
3. Outlast the competition.
I was amazed at all the empty storefronts I saw in LA on my last visit. On one particular block, three or four of the ten lunch places were shut down. And the others? Doing great. That’s because the remaining office workers who used to eat lunch at the shuttered places had to eat somewhere, and so the survivors watched their business grow. A war of attrition is never pretty, but if you’re smart about overhead and scale, you’ll win it.
4. Leverage.
Rick Toone runs a tiny guitar-making operation. His lack of scale makes it easy for him to share. When others start using his designs, he doesn’t suffer (he can’t make any more guitars than he already is) he benefits, because as the originator of the design, his originals become more coveted, not less valuable. He leverages his insight and shares it as a free marketing device.
5. Respond.
This is the single biggest advantage you have over the big guys. Not only are you in charge, you also answer the phone and read your email and man the desk and set the prices.
So, don’t pretend you have a policy. Just be human.
Marketing Mondays | Five Tips for Facebook
The great Duct Tape Marketing blog provides us with this week’s Marketing Mondays post.  If you’ve been trying to figure out how to make facebook work for your business, consider utilizing the following:
1. Fan page – Facebook had personal profiles and groups from the start, but a few months ago they added to the function called fan pages and made them more business friendly. Any business on Facebook should create a fan page for their business and start optimizing additional content there. The cool thing about fan pages is that it’s now a lot like having another web site. You can add applications, newsletter sign-up pages and events and promote them to your friends on Facebook. When someone becomes a fan of your page, your updates on the page show up on their wall giving additional exposure. I wrote a pretty comprehensive post on the subject of Facebook Fan Pages here. Also, check out the Duct Tape Marketing Fan Page -http://www.facebook.com/ducttapemarketing – note the brand optimized URL – that’s pretty new and something you should take advantage of.
2. Custom HTML – this one’s a little more technical but when you create a fan page you will see that your page comes with tabs for various categories of content you create (each tab has it’s own URL so you can promote each section on your fan page around the web). Using the Facebook Mark-up Language (FBML) you can create custom boxes of HTML content, like newsletter sign-up pages, blog RSS feeds, and white paper downloads just like you might on your web site. FBML is a Facebook application you can get here. I’ve also done a quick little video showing you how to add FBML custom HTML here.
3. Special content – Give your Facebook fans a little something extra they might not find on your blog or web site. Upload images from your PowerPoint presentations, articles from the local publication you contribute to, or on the fly videos created using the Facebook video application. You’re bound to find some crossover from other social networks like twitter, so give the Facebook users something unique. I know some people caution about reposting twitter here, but I think it’s perfectly fine. I get lots of comments from people who just happen to like to use Facebook more than twitter and this way they still get updates.
4. Events, videos and apps – Use the heck out of all of the Facebook applications. (Here’s a post I did some time ago aboutsome of the best Facebook business applications, many of which are now compatible with pages.) Promote events, upload or record video, hold contests and polls. All of this extra engagement is so easy to do using pre-built tools. And don’t forget to integrate your Facebook activity back to your web site and blog using a Facebook Fan Box – I wrote about the Facebook FanBox tool here.
5. Ads for awareness – I think that Facebook has built one of the better ad targeting tools going. You can target ads to Facebook members on all kinds of criteria and run pretty low cost campaigns. The trick though is to run campaigns that are compelling and promote your FaceBook Fan Page instead of trying to sell something. Promote your white paper, events, and educational content – create awareness about your great content and your will get the chance to earn the trust it takes to actually sell something to someone. Here’s where you go to find more info about Facebook Ads. And, I wrote about using Facebook ads to create awareness here.
Even if you don’t sell anything online or provide support via email, you need to include social media in your marketing plan. Â If you have any questions about using facebook or other social media tools for your local business, you can email Matthew Wengerd.
Marketing Mondays | Special Requests
The bike shop is busy in June. If you bring your bike in for a tune up, it will cost $39 and take a week.
A week!
What if someone says, “I have a bike trip coming up in three days, can you do it by then?”
At most bike shops, the answer is a shrug, followed by, “I’m sorry, we’re swamped.”
The problem with telling people to go away is that they go away. And the problem with treating all customers the same is that customers aren’t the same. They’re different and they demand to be treated (and are often willing to pay) differently.
So, why not smile and say, “Oh, wow, that’s a rush. We can do it, but it’s expensive. It’ll cost you $90. I know that’s a lot, but there you go.”
Outcome: Maybe they’ll still leave. But maybe they’ll happily pay you for the privilege of doing business with you. Why should this be your choice, not theirs?
If you do tax accounting for mid-size businesses, why not offer a special last-minute service? A service in which you process shoeboxes filled with unsorted papers? A service that costs less but happens during your slow season?
There are two really good reasons to turn down special requests:
1. because you’re marketing yourself as extremely busy and perfectly willing to turn down good work.
2. because you want to market yourself as someone who is a rigid artist, a stick in the mud or a crotchety perfectionist. This works great for pizza places.
What opportunities are you missing out on by not honoring special requests?
Marketing Mondays | Let the Good Times Roll!
Just how bad is the economy? Â Listening to the news and asking your neighbors often yields two different answers. Â For small businesses, things don’t seem to be quite as bad as we think. Â Here’s the OPEN blog with a nice reminder on this rainy Monday morning:
There’s a regular meme that makes the rounds every time there’s a dramatic shift in the economy one way or the other, with someone explaining why “now is the best time to start a business.†However, there are still always big concerns, especially during a big downturn like the one we’re currently facing. I can’t even begin to count the number of other startup or small business operators I’ve spoken to, where the opening question is “how’s the economy treating you?†or “how are you holding up in this economy?†And, perhaps it’s a fair question in terms of small talk between business owners, but I’d suggest that the true small business manifesto is that the economy doesn’t matter. It’s always a good time to be a small business. Here’s why:
- As a small business owner, you’re not relying on the entire economy. You’re relying on your customers. If you offer something of value, you should be able to sell it to your customers, regardless of the economy. Sure, some of your customers may be more careful in spending, but that’s just an opportunity for you.
- As a small business, you can be a lot more flexible. Big businesses have all sorts of legacy items that tie them down and make them slow. Smaller businesses shouldn’t have as many entanglements and can change and adapt much faster. If the economy goes south, then a small business can shift its strategy faster.
- A small business is often closer to its customers, so it’s better able to serve customer needs, no matter what the economy. Today, customers are looking for ways to get more for less. If you can figure out how to better provide that, you can run circles around others.
- A small business doesn’t need to bring in as much revenue every quarter to support the business. You’re small: this means your expenses aren’t as big. You just need to figure out how to make sure you’re covering your expenses, and then look for opportunities for growth beyond that.
- As a small business, you have a better sense of when the economy is shifting. Big comapnies may claim they have a broader view, but they’re looking at numbers. You’re talking to customers.
So, as a small business owner, I say, let’s stop asking each other how the economy is impacting us. Let’s impact the economy by focusing on ways to connect with our customers and give them what they need — and the economy will sort itself out. We’ve got businesses to run.
