Archive for May 2007

There’s a pretty tired myth with some small business folks that pegs eBay as simply a way for people to unload junk, collectibles, or out of date seconds.

Now I know many of you also know that people are making lots of money running businesses completely on the eBay platform.

I visited with Janelle Elms, a noted instructor for eBay University and author of 7 Steps to eBay Marketing Success on a recent episode of the Duct Tape Marketing Podcast.

Our conversation focuses on ways that traditional small businesses are finding to tap into the eBay set of tools and online world to help market everything from products to services.

eBay has millions of members and visitors and has developed tools like online stores, blogs, podcasts and web page optimization to help members get their products and services found and sold – these same tools can be used to extend your already existing business and open new doors and opportunities.

Every small business should find out what eBay can do for them.

By the way I’m conducting a marketing session at eBay Live in Boston on June 16th to help eBay sellers learn to use offline tools to grow their businesses.

I’ll be hanging out and presenting on new media use in Toronto this week at the mesh Conference.

The sold out event features keynotes from Richard Edelman of Edelman PR and Michael Arrington of Techcrunch.com

I’m looking forward to a trip to Canada and meeting lots of Duct Tape Marketers.

Check out the mesh schedule.

I get asked the question above plenty. The answer is really easy: People refer people, products, services and companies because they like to, it makes them feel good, it’s just human nature.

The problem with this question and its answer from a business building standpoint is that it’s not that helpful.

The far better question is “who do people refer?” Answer that question and you will be more prepared to take advantage of this powerful marketing tactic.

People make referral decisions about the same way they make purchasing decisions. People decide something is the right price, fits, addresses their need – the logical part, and then, they determine they will look good, have more life, impress their friends – the emotional part.

Here’s the tough part – they usually do it in reverse order – they get hooked emotionally and back it up with logic.

So, in order to have your business considered as someone worthy of a referral, you need to tap the logic and emotion formula – maybe in equal parts. In other words, people have to believe you can help, have a great price, and will show up as promised (logic), but, they must also feel good about helping you, trust that their friend will be treated well, and like the experience of doing business with you (emotion.) It’s not enough to have a good solution. The firms that get lots of referrals have a good solution mixed with a fun or unique solution.

That’s why money offerings alone for referrals are poor motivators. (In fact,cash may only motivate less than ideal referral sources ) Far better to work on making your business more likable, more referable, more energetic before you go out their and start offering any kind of incentive for referrals.

If you are not getting referrals naturally, you may need to focus a great deal of attention on cracking the logic and emotion code for your clients.

Now, you may be saying, this is a serious business, there’s nothing fun about this business, well, then think of the ways that your serious business can make a genuine emotional connection with your clients and make that one of core elements of your business.

Once you have these logic and emotion parts down, then make sure it’s easy to refer you – create tools, education, and follow-up systems and you are ready to rock the referral world.

Social directories and bookmarking sites are good places to visit and get your story seen, spread, and occasionally linked to.

Sites like digg and del.icio.us are great traffic generators and worth the time you put into learning about and participating.

Guy Kawasaki created an interesting social play recently called Truemors – Rumors and News. The idea is that people post what amounts to little announcements or rumors about stuff and then people view them, link to them, bookmark them and email them to others.

There is a business aspect to this tool that makes it more readily useful than tools like twitter.

Here’s an easy way to use Truemors for a little PR. Post a truemor that has a newsy feel or announcement theme about some aspect of your business or products. Think PR not sales. Did you hear that, has anyone else seen, I’ve just discovered, etc. The system allows you link back to a web site or even individual blog post and worth the very little investment of your time. Some may even find that they have a great truemor post that lots of people want to pass on. Don’t spam or promote, just like any PR pitch or you will find that your truemors get nixed by the system.

Here’s an example of a post that stayed in the system and immediately sent traffic.

Web marketers have discovered the value of adding audio to websites and sales pages for a number of years now. Used properly, audio can really help visitors connect and get more excited about a product or service (video is quickly jumping into this space too.)

One overlooked use of audio is to help enhance your customer’s experience with you, your products, and services.

  • Audio welcome messages on thank you pages or in autogenerated email
  • “How to” audio links delivered with products
  • Personalized instructions to help get more from a service
  • Getting started audios to help a client know what to do next
  • Ongoing conference reports that wrap up meeting notes
  • Conference call summaries for non attendees
  • Assignments for third party vendors or collaborators

Finally, I would love to see this: An FAQ page with the questions posed via audio from real prospects and clients and your expert answers or those of real clients spoken for each.

By the way, I use a very effective service for this type of audio enhancements called Audio Acrobat. I like it most for its ease of use. I can record from my computer or telephone and upload mp3 files. I can also create guest lines and allow clients to record messages via telephone. I’ve also seen podcasters use this feature to take recorded audience calls and drop them into shows. Audio Acrobat makes it easy to publish the audios and place them on web pages and emails.

Once you get the hang of it you may find lots of great uses for audio.

Here’s a sample telling you how to subscribe to this blog’s RSS feed.

Ok, this one might not be earthshattering, but it’s kind of fun. Sound is a great way to build brand recognition – think about all the jingles over the years that you could not get out of your head.

Mobile phone ringtones have become big business for indy artists and record labels (not to mention the service providers.) Why not come up with or adapt some musical branding element that would make a great ringtone and put it on your phone, the phones of your sales folks and maybe even offer it to clients and web site visitors. That way, your musical jingle can make its mark everywhere cell phones ring – like, everywhere.

Creating one these is not that tough. It’s basically an mp3 file, ideally about 15-20 seconds in length. I’ve created the official Duct Tape ringtone that I’m predicting will go down as one of the more popular ringtones for duct (and duck) tape lovers around the world.

Here’s how you can add it to your smart phone (with a web browser.)
Point your phone’s browser to http://www.johnjantsch.com/podcasts/dtringtone.mp3 and then download the file to your phone and assign it as a ringer. (you can also just click on the link to play it in your mp3 player or right click and Save As to download for later.)

I co-wrote this little jewel so download and pass on without copyright fear.

Seth Godin joined me for a special live taping of the Duct Tape Marketing podcast (we had about 500 callers listening in.) to talk about marketing and his new book: The Dip – A Little Book That Teaches You When to Quit (And When To Stick)

I first picked up this book thinking, from clues in the title, that it was more about quitting things that weren’t going anywhere – and I guess it is, but I couldn’t help thinking that it was more about being realistic before and when you started about what it really takes to be the best in the world at something.

I found the book to be more inspirational than really instructional – and I mean that in a very positive way. I read too many strategy books and not enough books that remind me what why I do what I do. I told Seth that I thought he had written a self-help book and he flatly denied it. I need lots of self-help, so I meant it as a compliment.

What does it mean to be world class? How do you know when to stick and when to quit? Do you need a niche to be first? When is the worst time to quit? Hear the answers to these and more.

It’s absolutely essential that you find a way to differentiate your business in a meaningful way. I know I talk about this all the time, but it’s that important.

What if you interviewed a handful of clients and asked them this question: “What’s the ONE word you would use that best describes what we do well?” Is it fast, attentive, welcoming, creative, cheap, cool, techie, smart, caring? One word is tough, but you need to get there. One simple word that sums up how you are different. If you can do that, and it’s a word that means a lot to a lot, your marketing job will be significantly easier.

Can’t think of a word? If your business was a car, what type would it be? Why? What are the qualities you admire in people? What color is your business? What kind of music do you sound like? What kind of plant would you be? Why? (Sorry if I’m scaring some of you with this!)

Got your word? Now, how does everyone in your firm define and own that word. Starbucks uses the word welcoming. If you sneak a peak back in the back room of a Starbucks you might find a bulletin board full of “thoughts on welcoming” written by the staff.

What if you asked all your clients and associates to help you come up with your word and then asked them to give your their thoughts on what that word means or how they experience that word. (This would make a very fun activity for a client appreciation party – just add beer.)

If you actually did that you might uncover some incredible marketing material and may even come up with the motivation to inject your word and all its various meanings into everything you do – make your word your filter for every marketing decision.

That’s how a small business brand is built, that’s how you differentiate your business.

My word: practical. How do I know? People tell me, all the time.

What’s your word?