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What Is Inbound Marketing?

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For more than a century, marketing and advertising have been defined by interruptive marketing techniques such as print, radio, and television commercials, cold-calling, sales flyers, and telemarketing.

However, a new era is upon us where the populace is consuming media on their own terms, eschewing commercials, initiating their own search, and embracing social discovery of the products and services they need and want.

It’s no surprise then that marketers are left wondering why it’s getting harder to sell!

Inbound marketing is based on the concept of earning the attention of prospects, making yourself easy to be found, and drawing customers to your website by producing content customers value. These blogs, audio, video, eBooks, eNewsletters, white papers, SEO articles, social media marketing, and other forms of content marketing are considered inbound marketing.

Therefore, the process of Inbound Marketing facilitates and hastens client discovery of your offerings, increases web traffic, generates leads, facilitates sales conversations, and builds loyalty with consumers.

1. Generate more traffic
2. Turn visitors into leads
3. Convert leads to sales
4. Turn customers into repeat higher margin customers
5. Analyze, refine, and repeat

Inbound marketing is especially effective for those businesses with long research cycles and knowledge-based products. In these areas prospects are more likely to get informed and hire those who demonstrate expertise.

In the words of an accomplished marketing professional and new client who found Momentum as a result of our own inbound marketing techniques…
“I need to know enough to know who to hire to get the job done.”

Inbound Marketing will allow you to out maneuver your competition, and be regarded as the expert in your field at the moment of interest.

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How Associations Can Harness The Power Of Social

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Associations, whether national, regional, or local, are essentially communities. They are comprised of groups of tribes or individuals who are united by shared goals, interests, or preferences. Associations are, by their very nature, social.

This presents a unique and especially prescient opportunity for associations to leverage the power of new social communication, marketing, and media techniques to achieve their goals like never before. Whether they are professional, charitable, trade, political, cultural, or otherwise, associations may need to fulfill multiple mandates: advocacy, awareness, fund raising, education, communicating, lobbying, among others.

Chances are your association’s key initiatives include:

• Communicating with members
• Demonstrating value to the membership
• Advocating on behalf of consumers at large

What Social Can Do

Utilizing social marketing can open a community of engaged advocates, both members and non-members, who are willing to share your message across their respective social networks, generate awareness, and solidify your associations mandate with the public at large. However your association will have to engage with those advocates and leverage the power of social channels effectively. Here’s how.

Three Key Factors In Harnessing Social Channels

1. Be In The Community

Your association needs to be an active participant on all of the obvious networks such as Facebook, Twitter, and LinkedIn. There is no one-size-fits-all solution. This means you need to go where your members are, and they are everywhere.

2. You Need A Plan

Simply signing up for an account on any given social platform does not mean your association has fulfilled its obligation. Social connections via your chosen networks are not obligations but opportunities to engage directly with your members. This direct connection requires a clear plan with regard to infrastructure, integration, and most importantly a set rules of engagement policy. There is nothing more important than a planned and coordinated process for responding to negative comments.

3. Content

Well-crafted and professionally produced text, audio, and video that clearly communicate your organization’s message are core to a great content marketing strategy. Content is the essential asset that will drive readers to your association via online and mobile. Since many associations are in the enviable position of having a business model based on providing information to their members, the raw materials for stellar content is often at their fingertips. Niche by definition, associations that create well crafted, shareable, and SEO friendly content can effectively push their message online.

Harness The Power Of Social Channels

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How to Develop a B2B Content Strategy

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Today’s consumers are like proverbial husbands who refuse to pull over and ask for directions. Folks simply want the instant satisfaction of finding their own way to their destination. Your business is the destination. But can you be found?

This phenomenon has put huge marketing emphasis on the notion of discovery. It’s all the more important because consumers are also increasingly eschewing interruption marketing. No wonder 40% of marketing dollars have been shifted to inbound marketing techniques.

It’s critical that marketers embrace content initiatives and blend them with traditional methods. It’s not a question of whether to move in this direction. It’s a matter of survival.

Getting Started With Creative Content Marketing

1. Get Clear About Your Goals

What do you want to happen as a result of mobilizing a content initiative? Do you need to build awareness for your organization? Are you educating consumers? Or do you want to sell a product or service? If the latter, do you want to incorporate a lead generation component that will deliver prospects into your deal funnel? Setting crystal clear goals will best inform your content strategy.

2. Assess Internal Sources for Content

Most businesses don’t think like media companies unless there is a printing press in the basement or an antenna on the roof. Oftentimes, marketers are surprised to find great raw material sources within the organization. Take inventory. Do you produce or commission proprietary research or industry data? Who within your company has specific expertise, industry cache, or public speaking ability and can they serve as a thought leader for your efforts? These assets are often found right under your nose.

3. Identify External Content Sources

Feeding the content machine requires ready access to external raw material. Assess what is already available from industry associations, co-owned companies, partner organizations, even trade media or publications.

4. Get Help From Content Creation Experts

A medical professional would not all of a sudden feel the need to fix their own car. Likewise a licensed mechanic would never offer a triple bypass with an oil change. Executing a creative content strategy depends on your ability to create engaging, compelling, SEO-optimized… even entertaining content on a regular basis. It’s essential to call on experienced media people who are also marketers in order to deploy content that delivers on all of the above.

5. Develop a Plan and Execute

More than article marketing, web content, or public relations, your content marketing strategy will need to be a highly integrated series of blog posts, audio podcasts, video, white papers, and ebooks – the ultimate mix, of course, will depend on the particular goals of your organization.

Get Started With Content Marketing

A stellar content strategy will flow directly from your goals and will take into consideration all the obstacles that face your business as well as capitalize on specific opportunities in your sector. An optimized approach will facilitate discovery on the part of consumers and imbue your business with credibility as a thought leader in your field.

Businesses that employ inbound marketing and content creation initiatives find it much easier to attract pre-qualified prospects that are predisposed to buy. Finally, as any sales professional will tell you, once value has been established price becomes a secondary or even a non-issue.

Let’s Develop A Content Strategy

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Sales and Marketing. Why It’s Getting Harder To Sell

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(And what you can do about it)

It’s not your imagination. Businesses of all shapes and sizes are struggling to meet their sales numbers. Something has changed. That something is everything.

You may have noticed by using relationship tools such as LinkedIn that a high percentage of your contacts and acquaintances have changed jobs in the past 24 months.

This unprecedented churn should present opportunity, shouldn’t it? People we know moving to new positions usually opens up new conversations. However, in the post-economic collapse era, these folks are stepping into new roles at diminished salaries with increased responsibilities and fewer monetary resources than ever to get the job done. They are stretched thin. And from a sales perspective this repeat business and referral network is likely underperforming as compared to the past.

Furthermore, in the corner offices, baby boomers are retiring out of senior decision-making roles in growing numbers, ceding that authority to a whole new generation of incumbents who have an entirely different way of cultivating relationships.

The problem is that most consumers are tuning out traditional, interruption-based marketing methods. In fact, cold calls are regarded with utter disdain. The reaction translated is: “How dare you interrupt me with an extraneous sales communication. Do you not understand that my time is precious and I do not have bandwidth to do what I need to do let alone accommodate your need to sell me too?

In short this is why the old sales methods are gone forever. Prospective customers are now choosing to interact with the solution providers they choose, when they want, and on their own terms.

The reason you may be feeling a chilling effect on sales now more than ever is because we have just now reached a tipping point; the point at which a critical mass of customers seem to be exhibiting these traits.

The old way is gone. Now is the time to evolve your sales and marketing processes or continue to feel the increasing pain and isolation of diminishing sales opportunities and new business conversations.

It is time to invest in an inbound marketing approach so you can begin receiving and responding to the needs of qualified prospect’s rather than trying to “smile and dial” or “spray and pray” to little or no avail.

This means developing a plan that exploits the latest and evolving marketing methodologies, including content, search, web, PR, digital, social, advertorial, lead generation, and e-mail marketing. It also means reassessing cold calls, print, mail and other less than desirable practices that are falling on deaf ears and blind eyes.

It may be a rude awakening. But once you have a strong plan in place, the results can be seen quite quickly.

Get expert help to evolve your sales and marketing strategies and watch your numbers rise.

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The Rebirth of the Living Room Screen = Christmas for Content Providers

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Industry publications love predicting the decline of the living room screen. Sure network television channels suffer from declining viewership, but the living room flat panel has never been more popular with audiences and, especially, advertisers. Even despite the proliferation of a myriad of media content playing devices.

Declines for Networks

Since the arrival of television sixty years ago, the networks have controlled the living room set and enjoyed a monopoly over the advertising shown on it. However, things are changing fast.

When an advertiser buys airtime on a television network, the sole way to measure the effectiveness of the campaign is to rely on Nielsen ratings.

Nielsen ratings are based on a representative sample that is composed of just 25,000 homes (5,000 for national programming and 20,000 for local stations). Collectively they reflect the viewing habits of over 106 million U.S. households in 210 markets. Because TV ratings are based on samples, it’s possible for shows to get a 0.0 rating, despite having an audience (Example: CNBC’s talk show McEnroe). No matter how the sample is selected and how the habits are representative of the population, sample based ratings always are approximations.

Combine these statistical imperfections with the availability of more choices in the living room, and no wonder network is struggling.

Boon for Content Providers

Meanwhile bleeding edge content companies and ad agencies are utilizing the same techniques that have made web advertising a force with which to be reckoned to take over advertising on living room screens.

These content providers have leveraged the smart screen to become an advertising platform that can better target demos and deliver a more reliable set of analytics when it comes to measuring success.

For instance, there are over 27 million Xbox Live subscribers who provided a wide array of information when signing up for the service (name, age, location, etc.). By using their Xbox, and services attached to it, they are constantly providing more data regarding their interests, spending habits, etc.

The way ad placement is sold on screen is not by length of airtime, but per impression, the same way ads are sold online. In the same way that BBC Kids Television can accurately target moms aged 25-54 on Facebook, Nike can target men 25-35 interested in soccer on Xbox Live.

And they have done it! In June 2012, when the NHL Stanley Cup and the UEFA Euro 2012 were overlapping, Nike maximized the efficiency of its ad budget by directly targeting potential customers using Xbox Live. Soccer fans only saw ads relevant to them, and hockey fans weren’t bothered by soccer ads.

In March 2012, The LA Times reported that the amount of time Xbox Live subscribers spent streaming media surpassed the amount of time playing games. Furthermore, Xbox Live media streaming usage was growing 30% yearly, with users spending 84 hours per month connected to the system. This has grown very quickly and now represents more than half the 150 monthly hours the average American family spends watching television networks (according to Nielsen).

Penny Arcade reported that, according to Microsoft, a single ad placement on its console dashboard receives an average 9 million impressions on a weekday and over 15 million on a weekend. Furthermore, their advertising business has grown 142% yearly since 2010.

Lessons for the Networks

Some of the most forward thinking television companies are beginning to see that in order to compete they have to change their ways of targeting and selling advertising.

Tivo’s recent purchase of TRA, a research company that has found success in recent years with a system that matches up television viewing with consumer buying habits, is a clear indication of where things are moving: increasing ad effectiveness.

Evolving Model

The influence of set-top boxes is helping to shape the new business model. Marketing directly to the audience and the harnessing the way in which consumers interact with their televisions is a top priority for agencies and content producers.

Contemplate the opportunity for a moment. Netflix claims that its subscribers viewed over a billion hours of content in the month of June. HBO GO, the streaming video-on-demand app, has achieved success so overwhelming that the premium network is considering offering a streaming only subscription.

Bottom line? The living room screen is new again. It presents a whole new opportunity to connect directly with individuals within the context of the content they choose at the moment they want it with an engagement or offer that’s unique to them. That’s revolutionary.

The living room screen is not only alive and well… it’s where the action is!

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How OUYA Created a Trending Brand in Less than a Day

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[infobox]UPDATE – June 26th 2013

The day after the crowdfounded Ouya hit retail; the console’s launch could be considered a commercial success. Sold out at Gamestop and on Amazon in many countries, yet some shipping issues regarding the Kickstarter units could jeopardize Ouya’s future.

Many early brand advocates have questioned Ouya’s apology about shipping their product:

– why did retailers get their units prior to early kickstart backers?
– why Ouya’s team has only acknowledge a breakdown with their shipping partner on the day the console hit retailers’ shelves?

If there is one important marketing lesson we can learn from Ouya’s troubled launch it is that catering to your brand advocates is key to growing a community, and that openess and honesty trumps opaque communication.

Is Ouya’s communication going to be its downfall? How many units did Gamestop and Amazon have in stock? Is the “sold out” status of the console another marketing ploy?[/infobox]

Hold on one minute – what is, who is OUYA?

OUYA (@PlayOUYA) is “A New Kind of Video Game Console” – an example of disruption at its finest.

From an unknown name a few weeks ago, OUYA has written the blueprint for what can only be describe to as “viral community branding.” If you do not recognize the name, you’re not alone – OUYA has just had the most successful launch in Kickstarter history by raising over a million dollars in less than 8 hours! Since the fundraising program was unveiled and launched they’ve been trending worldwide on Twitter, have been one of the most searched terms on Google and Bing and the subject of countless articles.

What they accomplished in less than 24 hours is phenomenal. They have now raised more than 5 million dollars in just a few short days.

So what’s the secret behind such a monumental marketing success? There are a lot of factors to consider but all of them have one thing in common: Community.

Harnessing the power of Community has been done before but rarely with such successful execution. There are a lot of steps that have been taken to make sure the brand would be successful. When dissecting the brand identity of OUYA it’s clear that their marketing message is crafted to cater to their audience: gamers. The product is indeed filling a void in the gaming industry, yet what made the branding so efficient is the way OUYA positioned itself as a console for gamers that couldn’t exist without their support.

The people behind OUYA are all “rock-star” veterans of the gaming industry. Julie Uhrman is a former digital distribution VP for IGN (a Newscorp owned company). Ed Fries is one of the fathers of the original Microsoft Xbox. Muffi Chadali is responsible for the Amazon Kindle. And designer extraordinaire Yves Behar is considered to be the heir apparent to Philippe Stark.

By using an effective marketing message and harnessing the right channels to talk to their audience, OUYA’s strategy and message was strong from the outset. They also connected with legendary game designers who had recently experienced overwhelmingly successful Kickstarter campaigns. This gave their product “street” credibility by using expressions like “open source”, “hackable,” and “free to play” which implies positive connotations within the gaming community. This turned community influencers into an active component of development. Crowd funding completed the equation.

What can’t be overlooked is the low entry price point of the device. This is a tremendous advantage, but to achieve the exposure OUYA needed and ultimately received it was imperative to appeal to the consumers and the most vocal influencers in the gaming community. The result was like an out-of-control wildfire that spread quickly.

These are smart and experienced people and this was a well thought out plan that likely produced results better than originally anticipated. It should be noted that this technique of branding is not normally utilized to be self-sustainable. It would be naive to think that the all-star industry veteran team behind OUYA is solely relying on the community for developing its offering.

OUYA was most likely just gauging consumer/developer interest, and had Angel or VC Investors waiting to see how well the Kickstarter campaign did before buying in with a more substantial and ultimately dilutive amount. A good influencer/community based campaign can make a brand and therefore the difference between the terms of the deal, or whether it goes through at all.

There’s no guarantee that OUYA will be a success but they’ve completed a critical phase quickly, establishing their brand, and creating a huge buzz in a very specific community. That alone is an impressive feat. By knowing their audience, they were able to cater to it directly, engage community influencers, listen to their needs, and turn potential consumers into community advocates by giving them a crucial role in the product lifecycle.

Quite simply – “The people have spoken. And they want their Ouya”. – Venture Beat

[notice]If you enjoyed this article you may also want to read: The Rebirth Of The Living Room Screen – Click Here >[/notice]

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B2B Marketing Has Never Been More Difficult… or More Fun.

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No matter the industry, it has never been tougher to engage prospects in a sales conversation than it is right now.

Let’s face it. No one – you and me included – wants to be “sold.” Most people avoid incoming cold calls like the plague. With texting, email, Facebook, LinkedIn, and so many other ways to communicate, most desk phones are starting to sprout cobwebs!

Professionals still buy the products and services they need every day. But the impetus now begins with buyer. They seek out the information they need – usually via the internet – and they reach out to those that they perceive have the expertise, solutions, or goods they want and are prepared to acquire.

The challenge of B2B marketers is to:

1) Be easy to find – everywhere

2) Communicate a clear and consistent value proposition

3) Demonstrate industry-leading expertise (in your niche)

4) Allow easy sharing of your collateral and online sales assets

5) Be absolutely approachable and instantly responsive

No one wants to be sold. When they have pain, they want to connect with a trusted expert who can deliver real solutions that solve their problems. Someone who can help them move their business forward. It’s even better if the service or product comes recommended from within their known network.

If your sales approach is limited to cold calling and old school interruptive marketing techniques, you are missing a huge opportunity to connect with buyers on a whole new level.

Content marketing, advertorial campaigns, social media activity, and other relationship-building initiatives are all tools you can use, in tandem with traditional techniques, to establish expertise, make connections, and start conversations with prequalified prospects almost immediately.

Producing sales is more difficult and the old way is dead.

The great news is that, although it can be daunting at first, the new way is a lot more fun!

Two Super Hero Approaches to Social Engagement

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When comic book legend Stan Lee wrote, “With great power comes great responsibility,” he most likely did not imagine that in a mutant-free future this quote would perfectly summarize a phenomenon known as social engagement.

Engagement through social media is a powerful way to reach an audience. And when your brand is armed with a strong cohesive strategy, it can be a super hero. But without that “s” for strategy on emblazoned on your chest your brand is less like Superman and more like a guy dressed in tights holding a chunk of kryptonite awaiting a smack down from the dark side.

To avoid such a doomsday scenario let’s look to super heroes as role models when developing an online brand. There are two ways to represent a brand on social networks:

1) As a lone super hero a la Green Lantern, or
2) As a poster-child supported by a team like the Avengers

Green Lantern

The first is to choose a single voice to speak for the brand and make sure that any person writing on the behalf of the brand respects its value and its identity. This is much like the Green Lantern in that every person wearing the ring has to take the oath to respect the values of the Green Lantern.

You must define the social voice of the brand and how it interacts with the audience. Let’s compare two superheroes that have a lot in common: Ironman and Batman. Both are eccentric philanthropist billionaires who wear costumes to fight crime. If you gave them a Twitter account to share you could easily recognize each of the characters by the styles in which they write. Batman would be more introverted and humble. Ironman would be extraverted and at times arrogant.

In this approach you must use a cohesive voice and never let the audience become aware that there may actually be more than one individual interacting with them. Otherwise you would make your audience feel like they are dealing with split personalities, never knowing what to expect. The latter might be a good idea of the brand is the unpredictable Incredible Hulk.

The Avengers

The second approach is for a strong team of social advocates to drive the brand. In the case of The Avengers, Nick Fury is the voice of the group. He deals with the corporate aspect of things and the generic public relations but when it comes to action it’s Ironman, Captain America, Thor, and the others who do the heavy lifting.

In this scenario your main character (Nick Fury) only post news about the overall brand and rarely interacts directly with the audience. That’s a job left to the associates.

This way every member of the audience feels like the brand is dedicating one of its super heroes to them and doesn’t mind the potential difference in tone between the brand identity and the person representing the brand.

But which route to choose?

In social engagement the right way is always the way your audience is expecting you to engage with them.

What’s the Value of a Facebook “Like?”

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The answer on Facebook is $0 if you don’t have a strategic plan to monetize it or otherwise leverage social media in a way that creates revenue.

Internet coffee shops are rife with “social media experts” who sip lattes and brandish the word “engagement” about as if business were as simple as chatting with friends. Engagement for engagement’s sake often results in a whole lot of yakking with little or no regard to whether or not the conversation is consistent, on brand, on target, or, most importantly, leading somewhere. In short, these “experts” can do a lot of talking and not much for the bottom line.

Almost every brand can benefit from unique and specific marketing initiatives that can be employed to drive revenue using social media.

However, if your social media strategy begins and ends with the word “engagement,” or worse, you have no strategy at all, you are missing out on the huge and essential opportunity to drive your business forward in a quantifiable way.

The truth about employing social media marketing is that it is challenging work. It requires great focus and skill. But when it’s done properly, social media will establish credibility for your brand, expose you to a social reach far beyond your current network of followers, and allow you to significantly impact the bottom line

This requires a unique and comprehensive brand strategy that is informed by specific goals for the brand, deployed with proven tactics and creative that is in-line with the strategy, and validated with a variety of simple measurement tools to ensure a worthwhile return on investment.

And most importantly, there are a variety of specific metrics that will determine the value of a “Like.” You will know and you will like it!

How to Get Your Social Media on Track

• Restart with a solid strategy.
• Avoid BS. Get qualified help.
• Develop a unique plan that addresses revenue.
• Formally define rules for social deployment.
• Monitor all activity for consistency.
• Measure. Adjust. Repeat.

What’s The Value Of A Like?

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