That thought especially holds true with online marketing, given that your company has a real-time impact with both current and potential customers in a matter of minutes, something that cannot be achieved through more traditional ways like newspapers, radio ads, flyers, newsletters etc.

According to a recent The CMO Survey, even with an up-and-down economy forecast to continue into 2012, chief marketing officers are looking to add to spending on all aspects of marketing in 2012.

This will especially be true when it comes to funds for social media marketing (see more on importance of social media in marketing below). The survey also goes on to note that companies will likely grow spending for marketing hires, likely around 7.2 percent on average in the next year.

That being said, those companies looking to reduce their marketing expenditures in 2012 have ways to cut back and still get some bang for their dollar, however they need to be creative to say the least.

The last thing companies will want to do is turn down or even off their marketing engines to the point that the competition takes advantage of the downswing.

In the event your company is thinking about trimming the marketing budget for the New Year, keep several factors in mind:

• Stay the course – Keeping your marketing awareness and staying engaged is less expensive than having to try and get it back down the road when the economy improves;
• Exude confidence – When you slash your marketing expenses out of what appears to be fear, current and potential customers may lose faith in your abilities. The common perception when you make such a move is that your company may be lacking some stability, therefore leading customers to question you;
• The competition likes you – When a company slashes its marketing budget, a competitor sees an opening. The competitor, who may in fact have cut back some too, could seize the opportunity to pitch their message to some of your current customers or leads you were pursuing. If that happens, you could find yourself on the outside looking in when it comes to getting that business at some point;
• Vendors may be willing to work with you – Businesses have to remember that not only are they looking to save dollars here and there, but many they work with are too. The companies you work with for your promotional items, printing, display, etc. are more apt to want to work with you than lose you altogether as a client. Just because financial times are tough does not mean there may not be some deals to be had;
• Re-evaluate your marketing techniques – Whether you are cutting back or not in 2012 on your marketing operations, take the time now to review 2011. What has worked with your marketing plans? What did not work? What are some techniques you would like to try but have hesitated in doing so up to this point? Use the last 12 months as a guiding tool for the next 12;
• Are you properly using social media? – Even though social media is there for the taking, too many businesses still do not take advantage of all it has to offer. With sites like Facebook and Twitter just to name two, companies should be sure to have fan pages set up and maximized to the hilt. Be sure that your marketing team is taking the time and effort to share and tweet pertinent information about the company, its products and services. Given the fact that more businesses will be transitioning from initial adoption of SM marketing to a more reflective and refined campaign, they are apt to want data that clearly defines the cost-effectiveness of such campaigns. Having another year of experience with social media techniques, more companies will likely show more sophistication when it comes to properly surfing the social media channel. As a result, they will seek more tools that properly enable tracking, measuring and bettering their returns on investment.

Take a look at your marketing techniques, go into 2012 with a plan in place, and market your company to success.

Dave Thomas, who covers among other subjects’ document management and HR software, writes extensively for Business.com, an online resource destination for businesses of all sizes to research, find, and compare the products and services they need to run their businesses.

Since marketing plays such a key role in the direction of many companies, take the time to review your company’s efforts and if they are being directed squarely where they should be.

Reviewing Your Marketing Needs

As you review your company’s marketing needs, analyze where your return on investment (ROI) could be improved, where money may be disappearing to and where you see your company’s finances down the road.

Among the specific areas to zero in on are:

• Numbers review – It is important to review the company financials to determine if change is necessary.
• Marketing efforts – Where are your marketing dollars going? Have you changed anything significantly in the last six months or years? If so, what were the end results?
• Get an outsider’s opinion – While it is easy to judge things from your end, have an outsider look at your marketing efforts. They can give an unbiased viewpoint as to what may be working, what isn’t likely to work and where the dollars should be going;
• Do an industry review – See what others are doing with their marketing efforts. Are they putting the pedal to the metal or are they pulling back? While you don’t necessarily want to emulate what the competition is doing, it doesn’t hurt to review their efforts.
• Customer feedback – Most importantly, get feedback from the clients you are marketing to. Find out what they like and don’t like. If they feel something isn’t working but you aren’t aware of that, how will you fix it?

While you don’t want to be changing your marketing efforts every month, tweaking here and there is by all means a good thing to consider.

If you decide that a change to your marketing game plan is in order, be sure you can answer the question as to why this is in the first place.  At the end of the day, companies need to determine and understand the ongoing cost of promoting and advertising their brand to their customer base and the potential prospects.

Dave Thomas is an expert writer on items like copier machines and is based in San Diego, California. He writes extensively for an online resource, providing expert advice on digital copiers for small business owners and entrepreneurs at Resource Nation.

There are three main components any business will need if it is to have any hopes of being able to get the kind of B2B business it is looking for. They need to be able to have a website which takes advantage of everything that SEO has to offer. It is necessary to have a working knowledge of the social media sites to use them correctly. It is also necessary to be able to market through means like email. If you have mastered these concepts, you will be assured of having a great business with a lot of success.

Using SEO for Marketing

Of all of the different online marketing techniques, one of the most important is the ability to draw people to your website without having to pay any money at all. By using SEO material, it is possible to make sure that those searching for the things you have to offer will be able to find your website. They will learn about your company through the kind of content that you have available so that they can see how your company will benefit theirs.

Using Social Media for Marketing

Purchasing managers spend just as much time online through social media sites as anyone else. They want to find out about the businesses that they are buying from before making a purchase. Make sure that all of the content which is on your social media site will properly represent your company to any possible clients. This way you will be able to build a loyal following of people who will receive every piece of marketing that you attach to Facebook posts as well as the posts that make to your Twitter account.

Using Email for Marketing

Email is still something which is checked every day by individuals and businesses alike. It is possible to gain the attention that your company needs by sending out different emails. This way you will be able to market everything from a digital security system to the services and products other businesses might want to purchase. Gathering email addresses is possible through your social media pages as well as through your website. Using them will help you to get the word out about the latest that your company has to offer.

Author: Matt Kraustrunk, Resource Nation.

Resource Nation provides free tools, tips, and purchasing advice for business owners and entrepreneurs in over 100 business categories ranging from phone systems to credit card processing. Whether it’s connecting businesses with local and national pre-screened vendors, or offering easy service comparisons on a VoIP service, Resource Nation empowers business decision makers by providing the information they need to make smart choices.

SEO, Content, Social Media

Search Engine Optimization (SEO), social media and content are collectively the three most important components of inbound marketing. For this webinar, we’re calling them “The Three Musketeers of Inbound Marketing”. Between them, they are capable of winning you the best qualified leads in this modern marketing battle of quality lead generation from various online medium.

View this live Webinar which took place on Tuesday, April 19, 2011 at 12:00PM MDT.

Inbound marketing “pulls” potential buyers towards your business and your products. In today’s shifting marketing paradigm, where your potential buyers research and dissect all the available options before they contact you, there is also a need for a strong inbound marketing capability. After all, you should be among the few that your potential buyers read and investigate about. Inbound marketing is executed with strategies such as: search engine optimization (SEO), relevant and compelling content, and social media.

In this webinar, Jim, our inbound marketing specialist will walk you through some tested and proven inbound marketing strategies that will enable you to know:

• How SEO can help you get found on the internet?
• How social media, marketing content and blogging can contribute towards a more informed inbound lead generation strategy?
• How marketing automation generates leads from various sources, and how it can help you make intelligent decisions?

If you already use Twitter or Facebook personally, you know they can be a soapbox for everyone’s personal opinions, and flights of fancy. When tweeting for your business however, it is a good idea to have a plan in place for what you want to say about your company. You want your tone to be consistent, message to be clear and your intent be transparent.

Tips on doing it right

1. Always have something interesting and useful to share. Some ideas would be product updates, whitepaper announcements and general advice.  In the world of B2B, chances are your followers would want to hear what you have to say for the subject you are an expert in.
2. Give extra care to the grammar and the language, as that will indicate the image that you’d like to give to your company.

How to do it with limited resources?
While it may be tempting to hire a family friend, or delegate social networking to an intern, you should use caution when lending the voice of your company to someone who is not the CEO or the owner. Hiring a social media expert is an option that some companies have employed, and with many business owners being too busy to regularly update things like blogs, Facebook or Twitter. This option can be expensive for small to medium sized operations, but there are alternatives available as well.

Now that social media has been established as significant marketing medium,  software developers have stepped in to help out those senior executives and business owners who don’t have the time to be tweeting. Apps like Hootsuite can schedule and automate the process, so you can spend an hour or two on Friday afternoon to bank a week’s worth of tweets and updates. Be prepared to do this regularly and once a week at least.

The added advantage
On Twitter, other users will be able to find your account through your mutual followers. This means that following your competitors can be very beneficial to your business. You may get more followers by following some celebrity, but the chances of them interested in your product or services is very bleak. If your focus is more local then consider following prominent local politicians and charitable organizations, and showing your support for them can be a good PR engine as well.

Finally, have a plan
Tragically, all of this advice has its downside, and is subject to change rapidly. The main caveat of social networking is the social aspect. People can be unpredictable, and your actions may have dire consequences even if you make every attempt to be neutral and politically correct. This is why it is important above everything else to have a plan in place before diving into the social media shark tank.

Download this guide to thought leadership and learn how incorporating thought leadership marketing into your B2B marketing efforts can get you astounding results. In this dynamic social media driven world, it is more important than ever to utilize these strategies and techniques to successfully be a thought leader in your industry.

There is a sea change in the way buyers and vendors engage each other and that is being driven by three key developments in buyer behavior:

First, research is being conducted by chief executives themselves. According to a 2009 Report by Forbes Insights in association with Google, more than half of C-suite executives prefer to locate information themselves instead of delegating to subordinates.

Second, the internet has become the preferred means of business research. In the same Forbes report, executives declared the internet more valuable than any other source for gathering business information, surpassing even colleagues and personal networks.

Third, when executives go online, they first turn to mainstream search engines. This development levels the playing field for B2B companies. A firm’s appearance in search engine results does not require the substantial budget required for conventional advertising/branding campaigns.

Please comment and share your thoughts on our comment sections.

Stable Content

• Website: Since its 2010, you should have professional website.  If you don’t have one, get on it.
• Bonus Points Wikipedia Entry: Businesses haven’t fully embraced Wikipedia but it is the authority for information reference.  Having a Wikipedia entry will become increasingly important for online credibility and exposure.

Regularly Updated Content

• Blog: A critical platform for establishing credibility with the online community and search engines.  If your organization doesn’t have a blog, you are missing out on establishing yourself as an online authority in your industry.
• Bonus Points Periodical Press Releases: Press Releases still have their place online, particularly when pushed out with a service like PRWeb.com.  It can do more than just a blog posting or website update as it pushes to many channels, allowing for more exposure and credibility.

Social Networking

• Twitter/Facebook Fan Page: Twitter and Facebook are the kings of social networking and an increasingly important platform to promote dialog between companies and the online community.
• Bonus Points LinkedIn/Foursquare: LinkedIn and Foursquare aren’t for everyone, but depending on the kind of business you do, these maybe valuable platforms to reach potential customers.

Video Media

• YouTube: YouTube continues to be a predominately an entertainment focused community, but its reach is undeniable.  If you have how-to videos, or a business presentation, they are good candidates for YouTube.
• Bonus Points Webinar: Webinars are a great way to interact with customers and the community.  Webinars add great value for any customer base.

Search Engine Marketing

• Google AdWords: This isn’t a must but for those of you who are just starting out, or struggling in competitive markets, pay-per-click campaigns with Google can get you that exposure when you need it.
• Bonus Points Pay-per-click on Facebook/LinkedIn/Yahoo/Bing: Although Google is the most recognized player; pretty much every major platform (Facebook, LinkedIn, Yahoo, Bing, etc) has a similar version of the pay-per-click program.  They may present a less competitive and more targeted environment to push marketing efforts.

Depending on your business and goals, the platforms mentioned may not be critical.  Also keep in mind that just because you are represented on these platforms doesn’t necessarily mean you are being represented well on each platform.  However, how to assess your effectiveness on the various online platforms is the topic for another post.

Do you have other platforms that are critical to your business’s online marketing strategy that you feel should be on this list?  Please share it with us in the comments.

Broadcasting

Traditionally websites were developed as a brochure, with static content, one way communication. But as Web 2.0 matured, websites became more than just a brochure. It was necessary for companies to adapt to this ever changing World Wide Web where two- way communications was more than a necessity for any B2B type company. This communication can be in any form; blogs, forums, and online community etc. Similarly, social media channels started as a means of personal use. Twitter & Facebook mainly started as people to connect with their family and friends to let them know where they were or what they were doing or simply share activities and photos. Now B2B companies can also use Facebook and Twitter, but it is important to know the difference between using these channels to broadcast your message versus using them to engage with your targeted audience.

I recently attended “The Art of Marketing” event and found a very close connection in all the speeches that had a common theme of “Engaging”. It is important to understand that our users or customers, and our audiences are the most powerful and the biggest advocate for our products. For B2B companies, the new way of creating customer relationship is by engaging and knowing who their audience is and what are they talking about. Here are some of the speakers who talked about engaging with the audience:

Mitch Joel, the author of “Six degrees of separation” said the Internet is almost going to be as important and pervasive as the electricity”. In the social media world where B2B marketers are trying to connect with as many people as they can and create a solid followers base, it is important to understand that it is the basis of who is following you more important than how many followers you have.

Engaging

Gary Vaynerchuck, author of “Crush It!” cleverly stated that “Internet is just a baby and it still has to grow up and unleash its power”. Whether you are in B2C or B2B, Twitter, Facebook’s and similar social media accounts are a must have. If you don’t have either of these, it is not too late to jump on the bandwagon. Facebook credits are soon going to be precious currency and if we don’t use Facebook, and there is a big chance that companies might miss out on large opportunities in the future.  Social Media should be used intelligently in a way that we not only broadcast our messages and offers but to engage and be involved with our audience. Having a conversation with our audience, providing opinion, resolving issues on the go and engaging with our audience is a key.

Sally Hogshead, the author of “Fascinate” said, “Create messages for our network’s network”. Don’t ignore the larger network which is linked to our immediate network. Social media lets you connect to this web of networks that you simply can’t ignore.

So go ahead and start engaging in conversations!

In this list of less tangible assets is the company’s website, usually in the same category as the brochure that it closely resembles.  But what is increasingly expected of websites is that, instead of being a static brochure, that they convey insight; captivating reasons to stay engaged with a website, maybe even follow it on social media.  The standard way a B2B website accomplishes this is with what I will call “website assets”; whitepapers or case studies (and the promise of new ones in a timely fashion), sometimes a nice video, or most effectively, a blog that is updated on a regular basis.  The problem is that developing website assets at all, let alone a consistent cyclical production, requires some not-insignificant commitment and resources to see through.  Most companies, even if they agree that website assets are good ideas, will say that they have little time or money to get these accomplished.

The Easy Path to High-Value Website Assets
So I have an alternative, something easier, something anyone who is even somewhat passionate about what they do for a living can do without breaking a sweat; a webinar.  If you can talk for 30 minutes to a customer or prospect about how you can solve one of their more pressing business problems, then you can do a webinar.  Now many people respond that they are not comfortable doing public speaking, even if you’re presenting to your computer, to them I council “then don’t host it live with an audience, host without an audience and record it”.

Instead of inviting everyone to the live webinar you’re afraid of doing, invite everyone to the recorded webinar they ‘missed’.  Put in the invite that if while watching the webinar they have any questions (answering these live is one key value of live webinars, certainly during the webinar you will answer a few canned ones) they can email them in, and you promise to answer each and everyone one of them.  And the best part is this recorded webinar is now a website asset, you can put a button on your website that engages visitors, maybe even convinces them to give you their contact info:

(this is a webinar I hosted in early May), here’s a link to our full list of recorded webinars.

So here they are, the

10 Reasons Your Company Should Do Webinars, because everyone likes lists, heck maybe you just jumped right to the list, so here it is:

1. Webinars are the easiest to achieve high-value content your company can generate; it is the easiest way to capture the expertise and experience of your senior people in a way that can be accessed over and over again by prospects visiting your website.
2. People like to hear things from people, not faceless corporations.  Webinars give you the opportunity for visitors to your website to hear your expertise and experience on specific topics that matter to them, much more so than the generic statements on the website.
3. The invitation to a webinar, and the follow up invitation to download the recorded webinar, are a valid reason to email your entire “in-house” list of contacts at least twice
4. Announcing you are having a webinar increases your credibility on the subject the webinar will focus on.  If you stick to a subject that you know well because of both successful experience and passion, you will likely build credibility.
5. This high-value content is ideal for pushing out to your social media network; the companies winning at social media are the ones contributing content that speaks to their credibility.
6. High-value content like this is very useful to your sales team; when they encounter this business problem they can refer prospects to a webinar recording on the respective subject from your guru.
7. Webinars are easier to sell to the gurus that need to host them; getting them to speak for 30-45 minutes on a subject they are an expert on and passionate about is something they do all the time, and is much more “natural act” than asking for a whitepaper.
8. You can use recorded webinars as “conversion elements” to build your list; gate them behind a form on your website and require a name and email address to access them (have a very good privacy policy very visible, and do an opt in campaign afterwards).
9. You can very effectively increase your brand credibility by co-hosting a webinar with one of your more recognized suppliers or vendors.
10. Webinars can be very nimble; if you recognize a shift in your industry, or an event that is of significance, you can quickly reach out to your audience with your insight on the topic.

Many have seen Social Media as a distribution channel, a value add asset for potential leads, and a means to offer promotions that will in turn entice people to follow them and be their customer.

Join Yves Matson, as he shares emerging best practices that effectively integrate Social Media into online marketing.

Webinar Title: How to use Social Media in B2B Marketing

To access the webinar recording, click on the link below:
http://www.foundpages.com/social-media-webinar.html

Topics included:

* Utilizing newsletters, blogging, case study publishing, and webinars for social media marketing
* Using Social Media as a distribution channel for blog, newsletter, or website content
* Case Study: How ActiveConversion uses Social Media Marketing for B2B marketing and how they measure ROI using marketing automation.