Archive for October 2008

Sometimes people question the benefits of belonging to multiple social networks and building out all those detailed profiles on each.

I don’t know that I want to use this post to try to convince you on all the long-term merits of doing so as to simply point this out and let you draw some of your own conclusions.

John Jantsch on business exchangeGoogle my name – John Jantsch and you will find some of my various websites (good), some interviews I’ve done on other sites, and, as of this writing – my profile on LinkedIn, Business Week Exchange, and Facebook – all on page one of the Google results.

So, what does that mean? Well, this value could be debated by some, but from a pure reputation management standpoint, I own the content on those profiles, so that could be good thing.

So, what do you find when you search your name?

Politicians are often accused of waffling between stances on issues in an attempt to broaden or redirect their appeal.

Well, I’ve run across a small business or two plenty guilty of the same.

In an attempt to broaden their market appeal they craft target market descriptions that leave room for just about anyone who pledges to pay the bill, eventually. Or, equally offending, it take 10-15 minutes to explain how they are different, you know, in a way that won’t turn any potential customers off.

Here’s the secret to success in good times and bad – stop waffling. Take a stand and make a marketing strategy commitment you can stick with.

Define your target market as narrowly as is humanly possible. Start by looking long and hard and what your profitable customers, the ones that already refer business to you, look like, think like, live like, value and fear. Now, eliminate all the jerks, cause you don’t have to work with them. Shake and not stir . . .

And now for a challenge: I dare you to write a paragraph and add it to every element of your marketing materials, including your website. Start your paragraph something like this – Here’s who has achieved the greatest success with our [product, system, process, tool, etc] – and then proceed to paint a detailed description of your new found narrowly defined ideal customer.

If you’ve done it right you will have to resist the urge to throw-up out of fear and anyone who reads it can either say, Yes, you are talking about me, you must know me – or, No, not for me. Either way your business just got better.

So now your job is to put everything behind attracting that ideal customer. Might I suggest some fresh strawberries and a hint of powdered sugar.

LinkedInLinkedIn announced publicly that they are adding a great deal of functionality to their platform by offering a directory of applications. Applications allow user to extend the usefulness of their profiles and networks and allow third-party developers the creative freedom to leverage LinkedIns very large user base.

Facebook has used this strategy very effectively.

I believe this is not only a necessary step for LinkedIn long-term, it will make individual use much more powerful.

Some of the examples of the first round of applications include:

Work collaboratively with your network.

  • Box on LinkedIn: Share files and collaborate with your network.
  • Huddle on LinkedIn: Private workspaces to collaborate with your network on projects.

Share information and keep up to date with your network.

  • Amazon on LinkedIn: Discover what your network is reading.
  • TripIt on LinkedIn: See where your network is traveling.
  • SixApart on LinkedIn: Stay up to date with your network’s latest blog posts.

Present yourself and your work in new ways.

  • Google Docs on LinkedIn: Embed a presentation on your profile.
  • SlideShare on LinkedIn: Share, view and comment on presentations from your network.
  • WordPress on LinkedIn: Promote your blog and latest posts.

Gain key insights that will make you more effective.

  • Company Buzz by LinkedIn: See what people are saying about your company.

If you are a LinkedIn user already, you will find lots more to do here. If you haven’t tried LinkedIn, now might be a good time.

mycorporationMyCorporation, an Intuit company, takes a lot of the headache and hassle out of legal requirements of forming a corporation.

I’ve used the service over the years to form, admittedly, pretty simple corporations, but it is a great tool and can save you a substantial amount of money. Particularly when it’s free!

On Tuesday, November 11, 2008 from 6am to 6pm (pacific time), MyCorporation is offering FREE FOR A DAY. For one day only, MyCorporation will process a new Corporation or Limited Liability Company for FREE. That’s a savings of $149 off regular service fees (note: document shipping, state fees, publication fees, and additional product fees are additional). To take advantage of this opportunity, just call 1-888-MYCORP-1 (that’s 1-888-692-6771) or visit the website MyCorporation.com and mention code FREE149 to receive the $149 discount.

“We started as a small business a decade ago. We have been able to help more than 125,000 small businesses in all 50 states get started and maintain their corporate entities easily and inexpensively. And we’ve been successful throughout the ups and downs of the economy, so I would like to say ‘Thanks’ and give back to the small business community. MyCorporation wants to inspire entrepreneurs to continue to pursue their dreams. That is what drives our economy, and it will be what helps turn it around.”

Know anybody who needs to incorporate? Pass it on.

Happy, educated, results oriented customers are the greatest sales force you can employ.

You’ve probably experienced that in some manner by way of a referred lead or two. What I would like to suggest is a systematic way to willingly involve your customers as motivated participants in the growth of your business.

Here are the primary steps involved to raise the level of customer participation.

1) Educate – take the time to do two things with every customer. Teach them exactly who makes a great lead for your business and how to correctly introduce your business to a prospect. Give them the tools to do this whenever the occasion arises. 1a) Get passionate about measuring, reviewing and reporting the results you have created on behalf of your customers. Set up routine meeting to go over these.

2) Testimonials and Case Studies – For every happy customer their should be a testimonial of results and perhaps even a full blown written, audio and/or video example in the form of a simple case study. Involve your customers in this process and use their testimony in various formats.

3) Peer-2-Peer Education – This is pretty involved way to get your customers on the sales team, but done correctly, it is very powerful. Invite several happy customers to participate in a panel discussion on some issue in their business or industry and include four or five prospects as well. The discussion should revolve completely around solving issues and discussion challenges with peers – the key is that your products and services can be positioned (without any selling on your part) as the solution by your happy customers. This can even be done in person or via webinar.

4) Create a Customer Community – Once a quarter or once a year invite some or all of your customers to enjoy a great speaker, lunch, drinks or to paint the day care center at the local community center. There is something magical about this type of community building and it always produces loyalty and referrals as a side benefit.

Employing several of the steps above can help build momentum and force your business to get much more customer focused, which is never a bad thing.

So, what have you done to involve your customers?

A decade or so ago the cry was to build your email lists. It’s still a very valid tactic today, but now is the time to start collecting those mobile phone numbers too. About 60 billion people have mobile phones and with each passing year the technology improves to the point where it may be the only portal of information for some folks.

First off, just like you wouldn’t spam with email, you certainly don’t want to grab mobile phone numbers from prospects and customers so you can send annoying messages. There are some great reasons to use text messaging however and smart marketers, including small businesses, are starting to discover them.

Services like Mobile Storm and Mobivity are making easy and affordable for small business to explore the world of mobile marketing. Pizza joints are sending out coupons via mobile for sure, but small businesses of every ilk are also creating campaigns for weekly tips, event updates, contests and members only content via mobile campaigns.

This is a very hot topic and one that’s not going away soon, so dive in and start learning.

I conducted an interview with Kim Dushinski this week for upcoming episode of the Duct Tape Podcast. Kim is the author of the soon to be released – Mobile Marketing Handbook. I’ve had an early read and this is a great resource. More on that.

Yahoo and Google accountsIt seems like I log in to dozens of accounts all day as I market my business, use online and social media tools and participate in social networking communities.

Although it may feel like I bounce from place to place it finally dawned on me that most of my online business needs are increasingly met with just two accounts. Not sure if that’s good or bad, but I do know you must have access to the tools housed in these two places if you want to play in today’s online world.

Google – gmail, Goodle docs, Google Calendar, Google Reader, Feedburner, AdWords, Analytics, Alerts

Yahoo – delicious, flickr, mybloglog, stumbleupon, upcoming

So, when one of these two buys, Twitter, Facebook, LinkedIn and WordPress we may see a single sign on for life.

A review of Duct Tape Marketing courtesy of Philadelphia speaker David Newman – dang, I was just in Philly, sorry David.

This is a video that David posted on the Duct Tape Marketing Workbench and you can post your audios and videos there too!