Here’s an interesting post by Juan Gutierrez of Pandemic Labs, Viral Marketing: Is it the Flu or are we Infected?:
Viral marketing, a colloquial name given to a subset of social media marketing, is growing like a wild weed. Traditional marketing giants like Unilever and Comcast, to name a few, are increasingly active in using the SMM tools to promote their brands and interact with consumers.
One has to wonder: is it just a flu or has the virus spread so deep as to become a reality?
I firmly believe we are on the way to a pandemic, and SMM will rule modern marketing. Yes, we are infected (in a good way) and there is no vaccination. However, I still feel the virus is just showing its symptoms, and a few things need to happen before it settles in and becomes reality. Let me give you the reasons why I believe we will get irremediably sick, why that is a very good thing, and what I think will have to happen for us to get there.
There are plenty of reasons to explain why SMM will be huge. I know everyone has favorites, so I will dare to give you mine…
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Posted on 17th December 2008
Under: CRM Best Practices, Internet Marketing, Marketing | No Comments »
Here is an insightful post from one of my favorite marketing bloggers, Ardath Albee, Lead Nurturing Belongs in Your Recession Strategy:
I’ve seen so many posts about how to fight the negative impacts of a recession on business success that it’s making me crazy. Why is it that people wait until it’s announced that we’re finally in a recession before they start doing what they could’ve been doing all along?
Customer-focused lead nurturing is one of the best ways to prevent experiencing an adverse impact to customer acquisition during a recession.
Here are a few meaty reasons why lead nurturing is a recession buster…
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Posted on 9th December 2008
Under: CRM Best Practices, Internet Marketing, Marketing | 3 Comments »
Here are several excerpts from an interesting article by Joshua Weinberger, Managing Editor of CRM Magazine, The Litany of Retail Woe: 50 Chains Shutting Stores:
A frighteningly long list of retail closures came across the transom during the last few days, and while I haven’t yet fact-checked every point (stay tuned for links, chronology, etc.), I quickly found enough supporting material to merit republishing and amending the list.
The sheer breadth of the damage here is breathtaking. The bloodbath crosses every kind of retail sector, and is clearly not just a reflection of the tough times we’re in, but a harbinger of worse times to come.
Every closed retail location may represent eventual savings for the company involved (after shouldering the actual costs of the close itself, that is), but also represents dozens or even hundreds of out-of-work employees (who are, after all, someone else’s customers), reductions up the supply chain, and rent and taxes removed from that store’s local economy.
In other words, this is bad news with ripple effects that will be felt for months and years to come. (For starters? According to one report, “Consumers will lose $100 million this year on worthless gift cards, from restaurants and stores that have gone belly up.”)
Things don’t look like they’re going to be getting better any time soon given the following news reported in an AP article today…
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Posted on 25th November 2008
Under: E-commerce, Internet Marketing, Leadership-Mgmt, Marketing | No Comments »
Here are several excerpts from an article by Erica Naone, Turning Visitors into Customers:
Business websites often encourage visitors to leave contact information so that sales staff can get in touch, but this only rarely works. “How do you leverage otherwise anonymous traffic?” asks Martin Longo, chief technology officer of startup Demandbase, based in San Francisco. Last week, his company released a tool, called Demandbase Stream, that aims to answer this question. It digs up information on Web visitors in real time, helping salespeople follow up on a visit with a cold call and a pitch.
Applications such as Salesforce.com already let sales staff keep track of existing customers or potential customers, but Demandbase Stream falls into a newer category of tools designed to help them find new customers in the first place.
Demandbase Stream, which is aimed primarily at companies marketing to other companies, cross-references the Internet Protocol (IP) addresses of computers accessing a website with publicly accessible information and data from business databases. On a ticker tape that runs along the top of a user’s screen, it shows the last 25 visitors to a website. If the user clicks on a visitor, the software shows her the name and location of the company that the visitor comes from, details about the company, and information about the visitor, such as the search terms that brought her to the site. Together, this offers clues about what the visitor might be interested in buying.
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Posted on 10th September 2008
Under: CRM Technology, Internet Marketing, Marketing | No Comments »
Here are several excerpts from an article by Shelly Banjo, Camera Ready:
Getting noticed by potential customers on the increasingly crowded Internet is a challenge, especially for small businesses with small marketing budgets. But there’s one way to stand out amid the clutter, even for those with limited resources: online video commercials.
Online video ads — typically less than 30 seconds and appearing in Internet yellow pages, local search directories, news sites, blogs or social-media sites such as YouTube and Facebook — give consumers a more detailed view into a business and what sets it apart.
Less passive than television commercials, online video ads encourage viewers to click through to the company’s Web site for more information or to make an instant purchase.
Once limited to companies with the resources to hire advertising agencies and production companies, online commercials are now within the reach of smaller firms…
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Posted on 13th August 2008
Under: CRM Technology, Leadership-Mgmt, Marketing | No Comments »