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The Importance of Educational MarketingWritten by Andrew Bordeaux on Wednesday, May 7, 2008Categories:
But many other companies are
learning that traditional approaches are no longer sufficient to convey their
message and effectively convert the casual shopper into a paying customer or
even better, a brand evangelist. It used to be that you could distinguish your
company through lowest prices or a sparkling slogan. Now, however, these old
silver bullets will barely leave a dent in the mind of the modern consumer.
What can your company do today to stand out above the noise and clutter?
Education-Based marketing is the act
of creating marketing materials and executing on strategies that distinguish
your company as a knowledgeable authority and resource in your area of
expertise. Notice the inclusion of "resource", as it is
uncharacteristic to antiquated marketing approaches. It follows the revised
premise that to be an active and valuable participant in the information age,
one must become an information center.
With multiple, seemingly identical
solutions popping up everyday in various industries, those that will shine are
those that can lend a hand to their audience, rather than using that same hand
to bludgeon their audience with an exhausted sales pitch.
Author David Frey has outlined not only how the
average customer has become numb to the sales pitch, but also the underlying goals
and burgeoning techniques of Educational Marketing. Your mission, should you
choose to accept it, is to flip the script, and focus on the questions of
customers rather than the sensational hype associated with a typical sales
pitch.
Say you were the owner of an oil
change store. A standard approach to market your business would be to place ads
that say:
“Get
Your Oil Changed Here for Just $14.95!”
The information and help you can
provide your customer is the new hype. The emphasis of such techniques revolves
around the establishment of trust. By assisting in the open sharing of
information, you become an ally to your consumer, rather than the oft-avoided
vacuum cleaner salesman.
One main concern that can come with Educational
Marketing initiatives is "How do I monetize these new informed
shoppers?" Frey goes on to map out the packaging of one's educational
message through multimedia options such as video tapes, email courses, and
seminars which can extend the dialogue and thus your marketing window of
opportunity. Such long-term, or “drip” campaigns can have a tremendous impact
on the duration of your trust-based relationship and the lifetime value of your
prospective customers.
What is your educational message? Landing Page Optimization, Business Planning and Google's SuccessWritten by Dave Lavinsky on Tuesday, March 18, 2008Categories: Over the past few weeks, I've spent a lot of time studying a field called Landing Page Optimization. It's a fascinating field that deals with improving landing pages, which are the pages of your website that visitors come to either organically or through paid marketing initiatives. The goal of Landing Page Optimization is to maximize conversions (e.g., sales, newsletter signups, etc.) of these visitors. One of the guiding principles of landing page optimization is that landing pages need to be simple. If there is too much information on the page, the reader gets confused and either clicks the back button or closes the browser. This principle is the same as a guiding principle of business plan development; mainly that the plan, and particularly the executive summary, needs to present the business concept concisely so that the audience quickly understands it. If not, they will simply discard the business plan. Interestingly a concise message might not only improve your business plan and your landing page, but your entire business’ success. Consider the case of Google. The Google homepage has always had very little text on it. In fact, if you go to it, it doesn’t even say that it is a search engine. But, by having a big empty box in the middle and having a button underneath it that says “Google Search”, it is pretty intuitive that Google is a search engine. Now, when someone was referred for the first time to Google over the past few years and came to Google.com, what do you think they did? Well, due to its simplicity, I think we can assume that nearly all people who came to Google.com typed in a search term and hit the search button. Then, they instantly saw high quality search results and were sold on the fact that Google is a great search engine. So, by keeping their landing page and business concept/proposition extremely simple, Google was able to get people to try its product. Because the product is high quality, those trials resulted in loyal users. While there are many examples out there, one interesting company that I think could really improve its business plan, landing page, and thus chance of success is SpinVox. I first read about SpinVox in this Guy Kawasaki post in which he says, “This service translates voicemail to text and then sends a text message to your phone and/or an email to your computer.”
While Guy Kawasaki does a great job clearly explaining
SpinVox in this 22 word sentence, I don’t think SpinVox does. On its homepage, SpinVox has the following text: To sum up, KEEP IT SIMPLE. Use simplicity to hook the investor, the customer, the partner, or whoever else you are trying to influence. Once hooked, over time (which could be as little as 2 minutes later), you can tell the full story. 3/4/08 Recap: What Entrepreneurs Can Learn From Eight Year OldsWritten by Pete Kennedy on Tuesday, March 4, 2008Categories: Interesting news and perspectives from around the web:
Roger Clemens and "Scandal Marketing" OpportunitiesWritten by Jay Turo on Wednesday, February 13, 2008Categories: The "Roger Clemens Goes To Washington" side show was the lead mindshare item across arenas today - sports obviously, but also popular culture and surprisingly the business press as well. CNBC broke in extensively from their market coverage in the morning to cover portions of the hearing, and the lead items on most Internet news sites were reports and analysis of the hearing. Against my will, I found myself both anticipating the big event as well as excitedly following its course. And since my business plan and Internet marketing minds are, for better or worse, always on, I couldn't help but have my wheels turn in regards to the value of the millions of eyeballs tuned to the spectacle. On some levels, it would seem impossible to put a marketing plan together for a profit-making enterprise that could capture so much free media so cheaply as these hearings (and let's be real here folks - there was really no point nor lesson to be learned from these hearings other than their "pleasure in other's misfortune" appeal of watching a rich and famous and seemingly untouchable sports icon fall from his pedestal). But heck, the combination of the sheer numbers involved and our celebrity-obsessed culture certainly make "voyeuristic-based" promotion and PR worth exploring -- especially for consumer-facing product and service offerings having difficulty being heard above the noise (and operating, as we all are, with limited marketing budgets). GoDaddy and their racy Super Bowl commercials come to mind as a great example in this regard. So does Mark Ecko and his purchasing and then online vote regarding what do with the Bonds home run ball. While certainly a lot of this kind of promotion is done in what we will call the "You Tube" marketing channel, it hasn't bled over to mainstream media as much perhaps as it should. My gut says that enterprising marketers will be putting this kind of "scandal marketing" more and more in their business plans in the years to come. Introduction to Social Media OptimizationWritten by Jay Turo on Monday, March 12, 2007Categories: In the 1989 movie "Field of Dreams," a corn farmer hears voices telling him to build a baseball field. The voices say, "If you build it, they will come." Unfortunately in the world of startups and technology, often people build it, but no one comes. The missing element for these ventures is effective marketing. If no one knows about your great invention, website, or product/service, no one will use it or buy it. Creating ZealotsWritten by Jay Turo on Wednesday, February 7, 2007Categories: I'm currently working on the business plan and strategy for a social networking company. When attacking the marketing plan, one of the first things I did was a Google search on "creating zealots." This is because marketing for social networks is not only about getting customers/members to your site, but more importantly, getting these people to tell all of their friends about the website. People who tell their friends must love the site; they must become zealots. Sell the Sizzle and Not the Steak in 2007Written by Jay Turo on Tuesday, January 9, 2007Categories: There’s an old saying in marketing, “Sell the Sizzle, Not the Steak.” What When selling these products, it is often better to promote how easily the |




