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Grow via Electronic Media

       Rob Duncan
       Wayne Brass
       Art Mahoney
Customer Needs
• What are potential customers looking for
  online?
• Where are potential customers currently finding
  the information / products / services they need?
  – Any Indirect Competitors?
• Does current or planned Internet Strategy
  provide answers to customer questions?
Information Sources
                          Top US Companies – March 2010
Rank   Parent                                     Audience (000)               Reach (%)   Time per Person
1      Google                                                 157,000             79.73            1:56:14
2      Microsoft                                              136,753             69.16            1:59:59
3      Yahoo!                                                 133,001             67.26            2:34:56
4      Facebook                                               117,109             59.22            6:59:15
5      AOL                                                      85,140            43.05            2:14:38
6      News Corp                                                74,921            37.89            0:52:14
7      Interactivecorp                                          71,260            36.04            0:14:57
8      Ebay                                                     66,323            33.54            1:26:08
9      Amazon                                                   64,170            32.45            0:24:46
10     Wikimedia Foundation                                     62,338            31.52            0:15:21
       News Corp includes Fox, Wall Street Journal, MySpace, Hulu and others
       Interactivecorp includes ask.com, match.com, citisearch and others
Search Engine Rankings
                       US Searches – March 2010
Rank   Parent                            Searches (000)    Share (%)
1      Google                                6,387,932         65.7
2      Yahoo!                                1,304,427         13.4
3      MSN/Windows/Bing                      1,183,268         12.2
4      AOL                                     245,810           2.5
5      Ask.com                                 183,975           1.9
6      My Web Search                           120,713           1.2
7      Comcast                                    52,011         0.5
8      Whitepages.com Network                     29,868         0.3
9      Nextag                                     28,633         0.3
10     Yellow Pages                               23,857         0.2
Search Results Pages
                              Pay Per Click (PPC)




         Local Search (SEO)




      Organic Search (SEO)
Google Search Results Pages Change
   http://www.sbdctampabay.com/1542/googles-latest-changes-to-search-impacts-small-businesses/




Bottom Line – Google is Changing Due to Impact of Social Media
Competitor Analysis
• What are competitors and indirect competitors doing to
  attract AND CONVERT customers?
• Who consistently appears in Search Results for multiple
  terms on multiple search engines?
Tool Name                  Function                                        Website
Website Grader             Detailed Analysis of Search Engine              http://www.websitegrader.com
                           Optimization
Keyword Density Analyzer   Detailed Analysis of on page text content       http://tool.motoricerca.info/keyword-density.phtml
                           (keyword identification)
Yahoo Site Explorer        Analysis of incoming links                      http://siteexplorer.search.yahoo.com/

SpyFu                      Pay Per Click analysis of domain – understand   http://www.spyfu.com
                           competitor Keywords
How Do Customers Find Information?
• Common Search Terms    Keyword                        Monthly Searches
                         consultants tampa                          6600
                         tampa consulting                           6600
                         consultant tampa                           5400
• More Detailed Search   computer consulting tampa                    720
                         tampa it consulting                          480
  Terms                  marketing consultant tampa                   390
                         legal nurse consultant tampa                 210
                         financial consultant tampa                   210
                         tampa marketing consultants                  210
                         it consultants tampa                         170
Three Pillars of Web Design


          Marketing




Design                Functionality
Building Toward Conversion
• What Will Generate a Customer Action?
• What Type of Action Can We Reasonably Expect?
• Will More Information Influence the Conversion
  Rate?

 No Amount of SEO, PPC, Social Media or Email
 Marketing can overcome a Website that does
           not convert customers!
Content Management Systems
• Software application used to manage and
  control Web material
• Provides the ability for non-technical users to
  create / update / maintain content
• Provide extendibility with / through Web 2.0
  interfaces (Social Media, RSS Feeds, etc)
• FREE – “Open Source Solutions”
  – Joomla, Drupal & WordPress very popular
Social Media Do’s and Don'ts
DO                              DO NOT
• Focus on interaction          • Try to be everywhere or for
• Be a real social media user     everyone
• Use the media for it’s        • Grudgingly spend time
  intended purpose              • Try to game the system
• Go light on selling or        • Blatantly advertise a product
  promotional messaging           or service
Social Media Strategy
• Do not expect to DIRECT SELL
• Have a long term plan to engage and convert
• Very long customer engagement cycle
• You MUST be actively engaged in order to
  succeed
• Do NOT waste time trying everything to find the
  “magic bullet”
PPC – Strategy
• Start with one provider, but use all if possible
• Conduct analysis of competitors campaigns
• Plan and test keyword combinations
  – Target quality keyword phrases, not quantity
• Continually analyze performance
  – Impressions, Click Through Rates and ROI
• Find a Niche
Strategic Keyword Selection
Keywords                  CPC
                                 Global Monthly
                                 Search Volume
                                                  • Highest Search Volume
tampa florist
tampa florists
                         $3.47
                         $3.36
                                           6600
                                           5400
                                                    for Generic Terms
florist in tampa
tampa flower shop
                         $3.74
                         $3.02
                                           1000
                                            880
                                                  • Strategic Campaign
tampa flower shops       $3.59              720     Optimization for
tampa wedding flowers   $2.03              320
tampa bay florist        $2.40              260
                                                    Maximum ROI
flower shop in tampa     $3.03              210
wedding florist tampa   $0.05              170      170+91+36+12 = 309
florist new tampa        $0.05              140
wedding florists tampa   $0.05              91
wedding flowers in tampa $0.05              36      $0.05 * 309 = $ 15.45
wedding florist in tampa $0.05              12      $2.03 * 320 = $ 649.60
                           http://adwords.google.com/
Email Marketing
• Direct Marketing using email including:
     –   Relationship building with current or previous customers
     –   New customer acquisition (BEWARE OF SPAM)
     –   Convincing current customers to purchase immediately
     –   Advertise in e-mails sent by others
                Advantages                                    Disadvantages
Relatively low delivery cost                   SPAM
ROI easily tracked                             Spam predates legitimate
Short delivery time                            Difficult to distinguish spam and legit
Can PUSH a message actively                    Low delivery rates (spam filters)
Result Analytics (open rates, click through)   Compliance with CAN-SPAM
3 Techniques That Make a Difference
• Use Segmentation to Send ONLY Relevant
  Messages
  – “Stop Blasting Emails to Your Entire Contact List!”
• Keep Your Email Marketing Consistent and
  Predictable
• Include Multi-media Along with Your Email
  Marketing
        Content in this slide came from a free report provided by Infusionsoft – delivered via download (upon
                                  registration) & promoted through “sponsor” email.
Outsourcing Electronic Media
• Understanding Competencies of Vendors
  – Knowing more that you does not necessarily make
    them an expert in everything you need
  – Unregulated disciplines with very low barrier for
    entry
• Everything Must be Detailed
  – Vendors can only build towards requirements
• Get Multiple Quotes
• Make Sure they Understand YOUR Strategy
Questions?
Thank you!!

www.sbdctampabay.com
    813-905-
    813-905-5800

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Grow via Electronic Media

  • 1. Grow via Electronic Media Rob Duncan Wayne Brass Art Mahoney
  • 2. Customer Needs • What are potential customers looking for online? • Where are potential customers currently finding the information / products / services they need? – Any Indirect Competitors? • Does current or planned Internet Strategy provide answers to customer questions?
  • 3. Information Sources Top US Companies – March 2010 Rank Parent Audience (000) Reach (%) Time per Person 1 Google 157,000 79.73 1:56:14 2 Microsoft 136,753 69.16 1:59:59 3 Yahoo! 133,001 67.26 2:34:56 4 Facebook 117,109 59.22 6:59:15 5 AOL 85,140 43.05 2:14:38 6 News Corp 74,921 37.89 0:52:14 7 Interactivecorp 71,260 36.04 0:14:57 8 Ebay 66,323 33.54 1:26:08 9 Amazon 64,170 32.45 0:24:46 10 Wikimedia Foundation 62,338 31.52 0:15:21 News Corp includes Fox, Wall Street Journal, MySpace, Hulu and others Interactivecorp includes ask.com, match.com, citisearch and others
  • 4. Search Engine Rankings US Searches – March 2010 Rank Parent Searches (000) Share (%) 1 Google 6,387,932 65.7 2 Yahoo! 1,304,427 13.4 3 MSN/Windows/Bing 1,183,268 12.2 4 AOL 245,810 2.5 5 Ask.com 183,975 1.9 6 My Web Search 120,713 1.2 7 Comcast 52,011 0.5 8 Whitepages.com Network 29,868 0.3 9 Nextag 28,633 0.3 10 Yellow Pages 23,857 0.2
  • 5. Search Results Pages Pay Per Click (PPC) Local Search (SEO) Organic Search (SEO)
  • 6. Google Search Results Pages Change http://www.sbdctampabay.com/1542/googles-latest-changes-to-search-impacts-small-businesses/ Bottom Line – Google is Changing Due to Impact of Social Media
  • 7. Competitor Analysis • What are competitors and indirect competitors doing to attract AND CONVERT customers? • Who consistently appears in Search Results for multiple terms on multiple search engines? Tool Name Function Website Website Grader Detailed Analysis of Search Engine http://www.websitegrader.com Optimization Keyword Density Analyzer Detailed Analysis of on page text content http://tool.motoricerca.info/keyword-density.phtml (keyword identification) Yahoo Site Explorer Analysis of incoming links http://siteexplorer.search.yahoo.com/ SpyFu Pay Per Click analysis of domain – understand http://www.spyfu.com competitor Keywords
  • 8. How Do Customers Find Information? • Common Search Terms Keyword Monthly Searches consultants tampa 6600 tampa consulting 6600 consultant tampa 5400 • More Detailed Search computer consulting tampa 720 tampa it consulting 480 Terms marketing consultant tampa 390 legal nurse consultant tampa 210 financial consultant tampa 210 tampa marketing consultants 210 it consultants tampa 170
  • 9. Three Pillars of Web Design Marketing Design Functionality
  • 10. Building Toward Conversion • What Will Generate a Customer Action? • What Type of Action Can We Reasonably Expect? • Will More Information Influence the Conversion Rate? No Amount of SEO, PPC, Social Media or Email Marketing can overcome a Website that does not convert customers!
  • 11. Content Management Systems • Software application used to manage and control Web material • Provides the ability for non-technical users to create / update / maintain content • Provide extendibility with / through Web 2.0 interfaces (Social Media, RSS Feeds, etc) • FREE – “Open Source Solutions” – Joomla, Drupal & WordPress very popular
  • 12. Social Media Do’s and Don'ts DO DO NOT • Focus on interaction • Try to be everywhere or for • Be a real social media user everyone • Use the media for it’s • Grudgingly spend time intended purpose • Try to game the system • Go light on selling or • Blatantly advertise a product promotional messaging or service
  • 13. Social Media Strategy • Do not expect to DIRECT SELL • Have a long term plan to engage and convert • Very long customer engagement cycle • You MUST be actively engaged in order to succeed • Do NOT waste time trying everything to find the “magic bullet”
  • 14. PPC – Strategy • Start with one provider, but use all if possible • Conduct analysis of competitors campaigns • Plan and test keyword combinations – Target quality keyword phrases, not quantity • Continually analyze performance – Impressions, Click Through Rates and ROI • Find a Niche
  • 15. Strategic Keyword Selection Keywords CPC Global Monthly Search Volume • Highest Search Volume tampa florist tampa florists $3.47 $3.36 6600 5400 for Generic Terms florist in tampa tampa flower shop $3.74 $3.02 1000 880 • Strategic Campaign tampa flower shops $3.59 720 Optimization for tampa wedding flowers $2.03 320 tampa bay florist $2.40 260 Maximum ROI flower shop in tampa $3.03 210 wedding florist tampa $0.05 170 170+91+36+12 = 309 florist new tampa $0.05 140 wedding florists tampa $0.05 91 wedding flowers in tampa $0.05 36 $0.05 * 309 = $ 15.45 wedding florist in tampa $0.05 12 $2.03 * 320 = $ 649.60 http://adwords.google.com/
  • 16. Email Marketing • Direct Marketing using email including: – Relationship building with current or previous customers – New customer acquisition (BEWARE OF SPAM) – Convincing current customers to purchase immediately – Advertise in e-mails sent by others Advantages Disadvantages Relatively low delivery cost SPAM ROI easily tracked Spam predates legitimate Short delivery time Difficult to distinguish spam and legit Can PUSH a message actively Low delivery rates (spam filters) Result Analytics (open rates, click through) Compliance with CAN-SPAM
  • 17. 3 Techniques That Make a Difference • Use Segmentation to Send ONLY Relevant Messages – “Stop Blasting Emails to Your Entire Contact List!” • Keep Your Email Marketing Consistent and Predictable • Include Multi-media Along with Your Email Marketing Content in this slide came from a free report provided by Infusionsoft – delivered via download (upon registration) & promoted through “sponsor” email.
  • 18. Outsourcing Electronic Media • Understanding Competencies of Vendors – Knowing more that you does not necessarily make them an expert in everything you need – Unregulated disciplines with very low barrier for entry • Everything Must be Detailed – Vendors can only build towards requirements • Get Multiple Quotes • Make Sure they Understand YOUR Strategy
  • 20. Thank you!! www.sbdctampabay.com 813-905- 813-905-5800