Marketingsherpa Blog

Sales were up 80% in 2011! Congratulations!

Except, well, now you have to repeat that feat in 2012 (or at least hold the line). So, how exactly did you lift sales?

Not only that, but your team is 80% bigger this year, and many of them weren’t even working with you when you initiated many of the changes that got you the big success in the first place (nice hypothetical problem to have, right?). Still, it begs the question …

How do your replicate your success?

Or how do you avoid making the same mistakes? Well, first you have to discover why you succeeded and failed. And then you need to spread that new business intelligence throughout your team and your organization.

I recommend forensic reporting. That’s a term I like to use to explain what our reporters do here at MarketingSherpa, and how we write the case studies that appear in our free marketing newsletters. (While our case studies are meant for external consumption, this is something I used to do internally as well for companies like IBM and BEA Systems to spread effective tactics inside the company, so I can see how the same principles apply.)

First, you have to understand these case studies don’t just exist somewhere. Marketers and teams go about their jobs and do various things. From these actions, they bring about successes or failures. But the reasons why and how they did it, which is the case study, is never prepackaged.

As the name “forensics reporting” connotes, you have to investigate and dig pretty deep, because often the entire picture of what led to the success or failure isn’t even immediately obvious to the people that helped make it happen.

Here’s a very simplified, six-step process to get your started …

  Read more…

It’s that time of year again … time to look back and reflect on what we’ve learned. For the MarketingSherpa blog, we wanted to focus that reflection on what you, our readers, valued most in 2011. So we created our top posts list from the number tweets you shared for each post.

And to say social media marketing dominated this year’s most-tweeted Sherpa blog posts would be an understatement. But it’s not surprising marketers have social marketing on the brain as we found more than two-thirds of organizations increased their social marketing expenditures in 2011, according to the MarketingSherpa 2011 Social Marketing Benchmark Report.

Without further ado, here are your top 11 Sherpa blog posts for 2011 along with a brief (140 character of less) description of the post from your peers …

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Does fear rule and dictate your company’s marketing strategy?

Seriously, think about the question for a second because it’s a problem that is prolific around the globe today.

For example, did you know one of the number one reasons why businesses, big and small, elect not to embrace the power of content marketing and social media is because of fear?

Yep, they’re afraid their competition will learn about what they’re doing successfully and copy it.

Sadly, that little bit of fear is what’s keeping businesses around the globe from truly being great at social media.

Secret Sauce Doesn’t Exist 

I like to put it this way — As businesses, we’ve got to stop thinking our “secret sauce” is anything more than Thousand Island dressing.

Speaking of “secret sauce,” how many books, case studies, television documentaries, etc. have been produced regarding the business model that is McDonald’s? As you already know, the answer is well into the thousands.

McDonald’s has been poked, prodded and scoured more than any scientific experiment that ever existed. Yet notwithstanding this reality, how many fast-food companies have successfully copied Ray Croc’s masterpiece?

Zero.

None.

Nada.

McDonald’s has no secrets. The business is out there for the world to see, yet no one can successfully mimic the golden arches.

But this little example is simply a single representation of how it works in every industry around the world.

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What if I told you 42% of U.S. cell phone owners used their phones to fight boredom? Who cares, right? It’s a factoid. It should pass through one ear and out the other.

But, let me tell you about a completely fictional teenager named Jamal. Jamal wakes up every day at 6:00 a.m. and eats breakfast while checking his phone. He plays Angry Birds on the school bus, and checks his Facebook page in the bathroom during class.

“I use it when I get bored,” Jamal says. “Most of my friends are the same way.”

This little anecdote adds life to the stat. It shows us that 42% is not just a number on a screen. It represents something real.

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 At this week’s B2B Summit in Boston, one of the case studies presented was on a multi-channel lead generation campaign conducted by CenterBeam, a technology infrastructure company serving mid-sized businesses. This campaign included an extensive outbound element with multiple phone calls and follow-up email, and a “friends and family” referral program.

The third piece of this campaign, a new content marketing strategy, was created from the ashes of a failing pay-per-click effort.

Reallocate the budget away from losing efforts

CenterBeam simply took money from the PPC campaigns, and put that budget line into the content strategy. There was no new expense, just a reallocation of money Marketing had to spend.

Karen Hayward, EVP and CMO, CenterBeam, says the company’s paid search program was not producing positive results. The campaigns were bringing in smaller companies that weren’t part of the CenterBeam’s target market.

The solution was to take that spending and apply it to a concentrated content marketing strategy to boost organic search traffic, and hopefully draw in more qualified leads.

For this effort, CenterBeam went to an outside vendor specializing in custom news creation with a number of requirements:

• 50 articles per month
• Every article had to be unique and exclusive to CenterBeam’s website
• CenterBeam optimized the keywords
• CenterBeam provided six categories of relevant topics for the articles

Here you can see a screenshot of the news page at CenterBeam showing the heavy dose of new content: Read more…

Photo credit: NatalieMaynor

I’m horrible at naming. As a writer, this is one of my least favorite projects.

First, you have to create a string of words/syllables that have never existed before. Then, you have to make sure that, well, it truly never existed before and you can legally get the name (and, as the Barenaked Ladies so wisely sang, “It’s all been done.”) Lastly, you want to secure that Park Avenue address of the Internet – a “.com” address.

Whew.

And unlike the perfect headline that just sounds like music to my ears (even years later), by the end of the entire process, I find myself saying random syllables over and over so much that they all just start to sound kind of weird.

Yet, a good name can make be a huge ally to all of your future marketing endeavors. I’ve always loved ICQ, an early instant messaging client, because it gave you a real sense for what the product did. HotelTonight is another great one, and the subject of David Kirkpatrick’s product launch article in today’s MarketingSherpa consumer marketing newsletter. Get a hotel … tonight.

But if you’re engaged in your own product launches, you flat out need a good name. So I asked a few marketing pros for the origin stories behind their own names, and what lessons they learned in the process to help you the next time you have to, gulp, name that product or company … Read more…

Here at MarketingSherpa we are always looking to bring you actionable tactics and interesting insights based on surveys of your marketing peers. You can pre-order our latest research — the 2012 Search Engine Marketing Benchmark Report – PPC Edition. Better yet, you can even download the executive summary from the report at no cost.

The direct download of this excerpt is free and does not require registration.

In the executive summary you’ll find six charts outlining the key findings from our research, but one of the perks of working here at Sherpa is I get the chance to take an early look at entire report (and the rest of the 125 charts.)

During this sneak preview I found a couple of charts that highlight an area where many marketers can improve their pay-per-click efforts. Read more…

Location, location, location. No, I’m not talking about real estate, I’m talking about event marketing.

The location of conferences, summits, conventions and user groups is critical to their success. People don’t just go to events to network and learn how to do their jobs better, they want to go to a city they would really want to visit on vacation, like Orlando, or Denver, or Washington, D.C.

Or at least that’s how it used to be. Now, everything has changed. Event attendees are no longer looking for flashy cities, they’re looking for budget-friendly destinations. Reasonable flights. Inexpensive hotel rooms. Goodbye New York City, professionals want to head to cities like St. Louis and Nashville for their industry events.

Here’s the thing. I don’t know which of the above statements is true. We were debating this very challenge, perhaps a similar challenge you’ve faced when planning your own events, in our latest event team meeting.

Share your opinion for a chance to win a $1,695 marketing summit ticket

So, we thought we’d start with a little unscientific, qualitative research. Simply put, which city or cities would be most appealing to you for a future marketing event? Let us know from the list below for your chance to win a ticket to a future MarketingSherpa Summit, such as B2B Summit in San Francisco or Boston, Email Summit in Las Vegas, or, well, you tell us….

(and if there are any cities we’re missing, feel free to let us know in the comments section below)

***UPDATE***

Congratulations to  Carol Reid, Owner/Marketing Consultant, Carol Reid Marketing, winner of a free ticket to a MECLABS summit. She has chosen the upcoming B2B Summit in San Francisco.

Related Resources:

Event Marketing: Regional customer forums improve field events attendance rate by 150%

Never Pull Sofa Duty Again: Stop guessing what your audience wants and start asking

Marketing Intelligence: 3 ways to better serve your customers (and your bottom line)

The Indefensible Blog Post: Actually, the old rules of marketing are pretty good

Sometimes it’s helpful to challenge the model. And from time to time here on the MarketingSherpa blog, I’ll risk alienating my marketing blogger colleagues by publishing a post that calls into question what everyone else is writing about.

Ah, who am I kidding, I love stirring up the pot.

Today I want to talk about the “Old Rules of Marketing.” If you listen to the conventional wisdom, the old rules of marketing are dead, and there are absolutely new, ingenious, never before-thought-of ways that we’re supposed to market.

So I went up into my attic, dusted off my trusty tome “Ye Olde Rules o’ Marketyng” (picture one of those scenes where Indiana Jones opens a crypt that’s been closed for centuries) and I found…

Well…

Actually, the old rules of marketing are pretty darn good. See, all this digital stuff is pretty cool, and has certainly changed a lot of things. But we – you, me, and the other 6 billion or so inhabitants of our planet – are pretty darn similar to the people that came before us. Human nature has not changed as quickly as communication technology.

After all, in the end, “People don’t buy from websites, people buy from people” as Flint McGlaughlin, Managing Director, of MECLABS has said.

Sure the media you use to communicate with your potential customers may have changed, but the fact that you are communicating with potential customers has not. So let’s take a look at some of the old rules of marketing that I learned when I was just an eager young marketing pup, and see what you can still learn from them today … Read more…

When you think of marketing automation software, you likely think about B2B companies with those long sales cycles, and extensive lead nurturing and scoring to help move prospects through the pipeline. Because at B2C companies the distance from prospective customer to paying customer can be so short, realistically, marketing automation isn’t a necessary tool for many consumer marketers.

And just because marketing automation isn’t a great fit for many B2Cs, it certainly deserves more attention at any company with a longer sales process. Read more…