Jan 312011
 

Why is Video for Business so Powerful?

videoThe business climate today is all about how to make your marketing message heard above all the “noise” of competing marketing messaging in an age where we are all faced with “information overload” to the nth degree. Business owners are always looking for ways to maintain a competitive advantage and to be able to connect with their customers and potential customers in an effort to create a personal connection.

With the increased usage of the latest technologies, if also becomes a challenge for the business owner to figure out how to use all the technology that is available to increase brand exposure and deepen relationships with customers and potential customers.

Online video is the future, the latest trend, and continues to rise in popularity. Key indicators point to corporations embracing online video as an essential marketing tool. In a 2008 Interactive Marketing study, Forrester Research predicted a compound annual growth rate of 72% through the year 2012 – the most robust of all interactive investments. Online video is expected to grow significantly more than search engine marketing, display ads, and email marketing.

When you see an interesting video on the Internet, you tend to post the link on Twitter, Facebook, or share it by emailing it to friends. They pass it on to their friends and the effect multiplies spreading your message quickly, resulting in massive exposure. This is called viral marketing and carries tremendous power via brand exposure at very little cost. Using video helps others connect with your brand because it now has a face that others can identify with and adds that personal touch that is so important in establishing, maintaining, and enhancing relationships.

Online video is going to increase in popularity according to a study by eMarketer that reported 152 million people were watching online video in 2008. By 2012 that number, according to the study, is expected to soar to 190 million.

Video adds a new dimension to the written word. If one uses videos of themselves speaking their message, they are able to use humor, physical expression, and eye-contact adding a totally new layer of personalization. If one chooses to use an animated video, the element of entertainment is added and with a musical background, adds an emotional effect as music brings out emotions in people.

Using video turns a static website into a dynamic, interactive destination. Video requires the viewer to use more of their senses making your message more memorable.  

You can use video to demonstrate a product that will educate your customers, show your product or service in action, save time and money on customer service by being proactive, train clients remotely saving time and money on travel expenses, and expand your target market beyond your local geographical area

Businesses who use video to promote their brand are giving a human face to their corporate website. You can include a short video welcoming visitors to your website, introduce yourself and other members of your company, or record a customer testimonial to show your value to others.

Using videos encourages engagement with your brand and in this day where relationships carry so much weight this is a very important aspect of video marketing. If you regularly provide valuable video content, you will be encouraging repeat visits to your website.

Even though the use of video is increasing and studies indicate it will continue to increase, there are still many industries that don't use video as a common practice. If your competitors don't yet use video, you'll be able to set yourself apart by using video on your website.

In this age where people want instant gratification and easily accessible information, videos provide an easy method of relaying information to others. At the click of a button, you can promote your brand, advertise a special, make an announcement, sell your service, etc. rather than requiring your target market to read text.

When compared to traditional methods of promoting products like text ads, banner ads, and printed promotions, videos are more cost effective and provide a much more valuable and memorable experience for the end-user. 
Apr 172010
 

Guest blog by Barnabas Nagy | FurlongDesign creative design studio | furlongdesign.com | barnabas.nagy@furlongdesign.com | twitter.com/furlongdesign | +44 77 99 56 56 26

internetToday I dared to open one of the archived newsletters from Entrepreneur. Since I am a web designer I don’t like reading titles such as this: Does Your Business Still Need a Website?

The article discusses the idea of establishing accounts on social media sites such as Twitter, Facebook and LinkedIn instead of a website. They evaluated an individual for whom this business strategy worked out. You can read the whole article here. Before giving out my space to social networks, I would like to look into this discussion further and let you know my opinion.

 

Rudy Mendoza totally abandoned his corporate website saying “We spent tens of thousands of dollars on our website and got almost nothing out of it” I’m really sorry for the designer team who created the website for Rudy Mendoza. They didn’t do a great job. A good website can be profitable.

3 Main Reasons Why Businesses Shouldn’t Ditch Websites for Social Networks:

1. Social networks serve a different purpose than a website. They serve as a tool to communicate directly with customers and achieve real time feedback. The functions of third party applications are complementary to a website but should not replace them.

2. Most social networks are found to be useful when companies and individuals link to additional information about them. Social networks are just a platform to jump from, not to jump into.

3. A website can drive as much sales as, and often times more than these social media networks. Although I have achieved leads and sales from social networking sites, the majority of my business has come from my website.

A brand cannot live without a good website that provides their customers additional information or the ability to purchase the product/service they are interested in. If the company tries to remove this component they risk damaging their branding. Who said you can’t have your cake and eat it too?

Companies should use websites and social media networks to market their products or services. Why should you have to choose when you can use both?

Note: I use social media networks and find that they have been useful in increasing brand awareness for Furlong Design but I would never forgo my corporate website for those sites. Let me know what you think by leaving comments below. Original source: http://furlongdesign.com/2010/04/14/does-your-business-still-need-a-website/

Feb 192010
 

There is a common theme running through all effective marketing – that is perception vs reality.

It applies to your branding (the message you are trying to relay vs the perception of the message), your client's needs (what they really want vs what you think they want) and your website (how you want it to look and how it is perceived in different browsers by your visitors).

Google Labs has a neat tool called Google Browser Size Tool which allows you to view and rate your website from your visitor's perception.

For more information, check out Keep your Marketing Tool Small & Narrow.

Feb 142010
 

The small business owner has to do whatever he/she does better than the competition does. Successful marketing efforts in the current marketing environment need to address the consumer of today who is drastically different than the consumer of yesterday.

Today’s consumers are not interested in being preached at – they want two-way communication channels – hence the rise of the importance of social media.

Today's consumer no longer blindly believes business owners – they want businesses to prove and earn their loyalty. Small business owners have to "play" in the same arena their potential customers are "playing" in. They need to be accountable and have a presence. They need to capitalize on their marketing strength/advantage/edge. They need to engage their target or niche on social media platforms. They need to listen to what the consumer wants and needs and be sure they are addressing those wants and needs.

It is a tough time – but the savvy business owner will realize the importance of relationship building in business and focus his/her attentions on the relationship – both on and off the Internet.

The Internet has become so important and actually makes it easier for the small business owner to find out exactly what and where the competition is – and that is EXACTLY where he/she needs to be too. There are some really neat free social media marketing tools like HowSociable and Socialmention that can help you monitor what your competitors are doing in the social networks as well as your own traction on the social web.

Small companies can create a large presence on the Internet thereby putting them in the same playing field as the larger companies (unless the players are major, well-renowned brands like Coca Cola and Dell) The power of the Internet is boundless.

There are so many free ways to reach ones' target market. For instance, Google and Bing offer free local listings. Merchant Circle is another free site with an option for an upgrade for a fee. Manta is an outstanding marketing resource because it offers a platform for businesses to provide company details such as company name, address, number of employees, estimated annual sales and more. Do yourself a favor and do a Google search on your niche.  You will be surprised at the enormous number of resources that will literally be handed to you on a silver platter.  Seek and ye shall find…

Today’s marketplace is highly competitive and the economic climate is tenuous at best. As such, it is imperative that small business owners have a clear understanding of who their target market is and what their value proposition is.

Before embarking on a new or revised marketing strategy, the small business owner should be able to answer the following 4 basic questions:

1)   Who are your customers?

2)   What do they want or need?

3)   How can you help them?

This last question is important enough to discuss separately.

4)   Who are you? Sounds like a simple question but it can sometimes be a difficult one to answer.

Small businesses who offer solutions-oriented products and services might find it difficult to pinpoint exactly what their brand is.  However, the successful business owner will be the one who has the ability to powerfully and effectively communicate a brand identity that meets the consumers’ needs in a better and distinctive way than competitive companies. Answering these questions is just the beginning of your marketing journey but without the right targeted direction, you might find yourself spinning in the wind. 

 

Don’t spin, instead focus and target.

Jan 242010
 

"Getting the highest ROI (return on investment) for your marketing efforts is the ultimate goal of internet marketing. But with SEO (Search Engine Optimization) and SEM (Search Engine Marketing) pricing models all across the board, it may be like trying to find a needle in the haystack."

Read full article here.

Jan 082010
 

What is a press release? It is the dissemination of information or the communication of something newsworthy to the press. At least that was the traditional definition of a press release. Today, we have the ability to reach a huge audience via the Internet. Would it be beneficial for a member of the press to help promote our product or service? There is no question that it would be. But while we wait for someone from CNN to knock on our door, we can create our own press and distribute it widely on the web for maximum brand exposure. Has your company done anything “newsworthy” lately? Have you improved or added a product line to your business? Have you moved to larger more accessible headquarters? Have you added a noteworthy member to your staff? Are you just starting out and want to announce the launching of your brand and/or website?

Read full article here.