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.

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.

Autonomous Twitter personas maybe the evil future

Jeff Pulver, Tracy Falke and Paul Madden provided a wonderfully heated panel on Twitternation & Automation.  Jeff highlighted that Twitter has empowered individuals to connect in ways that has incredible reach, impact, both globally and individually.  His background and stories were inspiring.  On automation, it was clear to many within the audience that automation and management systems were necessary to cost effectively leverage channels like Twitter. Tracy did a fantastic job on explaining this well, and brought attention to tools like SocialOomph to help in those efforts.  B2B Marketers in particular should take note of twitter and social media automation tools to conserve their precious time spent in social media efforts.

Finally, Paul showcased how a whole ecosystem of almost fully autonomous Twitter personas can be established and leveraged to create ongoing massive influence on Twitter.  It was both eye opening and interesting to learn the impact that such automation could have with social media if just a dozen companies implemented automated ecosystems of thousands of Twitter personas.  The impact it can goes beyond the Twittersphere but also how it can be manipulated to impact real time results on search engines is something Twitter and Google will likely have to address in their algorithms and policies.

The Mobile Frontier is here

Sandeep Aggarwal, Cindy Krum and Michael Martin presented a panel on mobile marketing.  Sandeep’s presentation made clear that mobile isn’t just an emerging market but a fundamental channel for online interaction.  B2B business websites receive significant mobile exposure.  Individuals in B2B are among the largest adapters of smartphones.  Smartphones are frequently the primary method of accessing online content for individuals in B2B industries.

Mobile browsers doesn’t just impact the way visitors interact with media and content, it also impacts search engine optimization. Cindy commented that mobile SERPs (search engine result pages) are already showing differences from non-mobile SERPs.  Inevitably search engines will be moving towards tailoring algorithms for mobile devices for mobile optimized sites.  It’s important to start setting up SEO strategies to be prepared for that now.

It’s not all about the ‘i’ devices either; Michael was great to point out that Android is a growing player and is faster in growing market than the iPhone.  This is particularly important for businesses who are considering jumping onto the ‘Apps’ craze, and selecting which device platform to develop for.  Regarding ‘Apps’, it was acknowledged that iOS is the big gorilla right now.

‘Pay per’ Advertising Expo

Online advertising management and automation systems seemed to be the big thing on the expo floor.  Every other booth was for automated online advertising management which offered one stop shop for managing PPM campaigns on AdWords, MSN, Yahoo, Facebook, etc.  Pricing for many of these systems are based on charging a percentage above each CPC run through their system, Google’s DoubleClick (whom Google acquired in 2007) is a solution that offers this pricing model.  A similar breed of products was a competitive analysis system that allows users to dig into competitors online marketing efforts to see what/how they are doing in different channels.  Mark Munroe, a panelist on the Competitive Research panel, recommended AdGooroo SEM Insight and Spy Fu as good candidates for doing competitive analysis for paid advertising (e.g. Adwords).

The other big thing on the expo floor was the ad networks.  I want to mention them because many of them were offering a cost per acquisition (CPA) model of pricing.  Although these networks aren’t going to replace your AdWords, the CPA model makes them a fairly low risk channel to add into a marketing mix, particularly if you are in e-commerce.

The Keynote

BJ Fogg’s keynote was about how technology allows us to create or change behavior. BJ was fantastic in illustrating the mechanics of how it needs to operate, and where it fails.  It’s worth checking out to help frame your mentality towards online marketing as it’s fundamentally association with BJ’s topic.  Adam Singer did a more in-depth review of the keynote for TopRankBlog: http://www.toprankblog.com/2010/08/persuasive-technology-ses-keynote/

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!

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.

In fact, you can now give the Facebook ‘thumbs up’ for websites, assuming the website has the Like button installed. On April 21, Mark Zuckerberg, founder of Facebook announced that there will be over 1 billion likes across the web in the just first 24 hours of the “Like” button. Over a million websites have added this feature to their websites and blogs in just 48 hours, and the number grows steadily each day.

So why should you care? You now have the ability to harness the power of other people’s virtual networks to bring visitors that might be interested in what you do – without spending a dime or pushing them to react! It also has instant credibility because it was passed by a friend or business associate. And don’t think it’s just about your small network of 100 friends, but also about those 100 people’s networks.

Besides the obvious referral your website might get, there are SEO factors at work in the background, making your website/blog come up more frequently on search engines, that will get search engine and ‘feed’ traffic as well.  You can get heard over the noise by letting your social network endorse your content. Google likes to rank content that is popular with real human beings, and this is an easy way to that.

For those that were still skeptical about social media for business, this should convince you and perhaps make you a believer. For an example of how the like it button works, go to FoundPages or ActiveConversion, to see how it has been implemented on these websites. And remember to click ‘Like’ if you like what you see!

59% have won customers or done business as a direct result of online networking sites.

Furthermore, as business networking (the survey definitely shows a divide between “social” networking such as Facebook and “business” networking such as LinkedIn) shows significant ROI, the love is returned:

78% are open to purchasing from contacts made on such sites

While these results are from a survey conducted in the UK, I’m going to say that empirically they are valid for the business environment on this side of the pond.  For those of you who are skeptical of the power of social networking, some powerful numbers are starting to make a pretty strong case, all the more so when you can start measuring the result.  It’s one thing to engage in social networking on a gut call, it’s another to get measurable returns that justify the investment.

“The spectacular growth of social networking sites like Facebook, LinkedIn and Twitter have taken B2B marketing by storm. B2B marketers recognized that they have access to hundreds of millions of people who have registered for and are using social networking sites.

More importantly, within those substantial groups B2B marketers can target their messages and advertising directly to the audience that will be the most receptive to their product or service, using the underlying technology inherent in social networking sites …

Social media differs from traditional media in that social media is where many individuals share information with each other rather than one source broadcasting to the masses. In Web 2.0 marketing language, it is many-to-many instead of one-to-many.”

Specifically it speaks to integrating Social Media efforts into wider eMarketing such as SEO/SEM and email marketing, all the while managing the flow of new referrals with proven marketing automation tools such as ActiveConversion.

Link to download page

After you’ve taken a few minutes to activate your trial account and install the Active Conversion code, you’ll begin seeing results immediately and within days patterns will begin to emerge.  To start with, visitors to your site will be identified by company name.  Some of these visitors may surprise you and as a B2B marketer or sales professional you’ll gain valuable information about which companies are interested in you.

After a while some visitors will start to jump out at you, repeatedly returning to your website to visit more and more pages.  Intuitively you may have pegged them as higher value and more qualified but now you have quantified data to back that hunch up.

For the trial, most marketers or sales professionals simply used the default lead scoring.  By looking at the online behavior of your visitors you’ll begin to correlate that to the lead score that each visitor accumulates.  Eventually you’ll be able to develop your own lead scoring criteria based on the behavior of visitors to your own site but for now you can see that higher lead scores mean higher quality leads.

If your site has pages with form fills using the same default conventions as Active Conversion, your visitors that have previously been identified by company now become people with names, email addresses and/or phone numbers.  In other words, leads.

You’ll also want to take an email nurture campaign for a spin during your trial.  Load up some content into a nurture campaign, pick say 3 emails over six weeks, and anytime any of the respondents clicks through on a link, they are identified as though they had form filled on your website.

Eventually when these leads are presented to your sales team the lead information will include a summary of their activity.  This will give your reps some background for that all-important first call.

This has been a quick look but you can see that even on the trial, things happens automatically, like it’s on cruise control.  We haven’t even talked about, lead nurturing, lead management, email marketing campaigns to your existing in-house lists, or social media ROI tracking.

Feel free to pass this offer along to your network, as long as you or they use this sign up page they’ll have access to a 60 day trial.