The Calvary Is NOT Coming! So Do It Yourself!

Marketing in 2011Let’s face it! Some business ideas are better than others. If you haven’t figured out which businesses are likely to take off even in slow times, then you need to get the latest study that shows which of the industries are most likely to continue to make money in these times.

Yes, we’re all hoping that 2011 is going to be the best year in quite awhile, but one thing I know is this – the Calvary is NOT coming. You cannot sit around hoping – you’ve got to take action. Only action is going to make that hope come true – action in the right direction.

Here’s the bottom line – persistent action, along with the right idea will Read the rest of this entry »

“Study Finds Inbound Marketing Leads Cost Far Less Than Leads Generated by Outbound Marketing”

A recent study found inbound lead generation to be far more cost-efficient than outbound marketing strategies. The study was completed by 167 professionals involved in their business’ marketing strategy. They consisted of business owners, entrepreneurs, executives, and sales people in businesses of all sizes. Almost ¾ of the companies were involved in the business-to-business sector and were involved in business or professional services.

Respondents spent about 37% of their lead generating budgets on inbound marketing techniques and about 30% of the budges on outbound techniques – such as direct mail, trade shows and telemarketing.

The findings indicate that companies spent about $84/per lead using the inbound marketing techniques and a whopping $220/per lead using outbound marketing techniques.

The average lead generation budget spending is illustrated in the following example:

The inbound marketing cost per lead advantage held true across businesses of all different sizes (small, medium and large) and types (professional services, technology, etc.) Dollars spent on trade shows were the least effective, where dollars spent on social media – especially blogs – Read the rest of this entry »

“Internet Marketing – Not Just a Website”

Believe it or not, there are still people who either don’t have a website, or have an outdated website that makes them look like they are still doing business in the last decade or so. Make no mistake, if you don’t have a website, that you are proud of, you are missing the best opportunity to grow your business.Online_Marketing_strategy

Your website must be the heart of your marketing strategy. All of your marketing efforts should be pointed at your website. Notice I didn’t say some – I said ALL. The following preceding diagram illustrates this principle.

Your website is the extension of you. It is open 24/7 365 and should be your best sales tool. It should have your Read the rest of this entry »

“Spice Up Your Marketing Strategy with These Online Tips!”

Inspect-a-small-business-FriscoYellow page ads – yawn! Newspaper ads – so ho hum! Relationship Marketing – now that sounds very interesting!

Are you tired of utilizing the same old off-line advertising strategy over and over? Do you wonder what all the “buzz” is about Internet marketing? Do you wish there was an easy way to understand what is going on online without having to get a degree in computer science?

Well, leveraging the Internet as part of your marketing strategy is actually pretty easy. It follows the same principles you’ve always followed: you get the right message, to the right market, using the right media.

Yellow pages and newspaper ads take the shotgun approach! You hope it’s designed well to attract people’s attention and properly says what needs to be said to entice people to call. You can only get one message out at a time, to a large market, (most of whom are really not your target market), that is looking at print media.

It’s impossible to change your yellow pages ad once it’s been produced – so you’ve got it get it right from the “get-go”! You can change your newspaper ad if you desire, but it’s expensive and normally pretty limited and, let’s face it, boring!

When you decide to include online marketing strategies into your overall plan, all of a sudden the possibilities are endless. You can change your message whenever you want. Once you decide what message you want, getting  it out is almost instantaneous. You can quickly promote specials, or Read the rest of this entry »


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