Sales and Marketing

How do you get your money�s worth for PR?

SBOCTeam — Tue, 03 Feb 2009 14:38:00 GMT

by PR_Boston

Business owners large and small are looking for ways to cut expenses. So the question arises: Do I need PR? Here are a few reasons why you should say yes and feel good about the expense.

PR is a cost effective alternative to advertising. Even though web ads can cost 25% of those in old-line media, advertising is expensive. And, there are so many ads you have to wonder which ones really stick. People are exposed to thousands of messages everyday: in the supermarket line, at the gas station, on websites-not to mention the ads on the radio, in the newspaper and on TV. We are faced with ad fatigue.

PR provides third party validation. When someone else-an independent person-- writes about you and places that article in a public place, it has intrinsic value. That's why companies want to be featured in the media whether it's in the town paper or on the Today Show. A good PR plan includes strategies for promoting your story to the right media.

Many people think PR is expensive. It doesn't have to be. If you're a small business consider working with a small PR firm. A small business owner is used to being the point person and could be frustrated dealing with a junior level executive at a large firm. Plus, small firms are cheaper.

In PR, unlike in advertising, spending less doesn't mean you get less. Cutting an ad budget means you lose your reach and frequency and that can undermine a good ad. But, cutting your PR budget and signing on with a smaller, more nimble firm can still result in an effective media placement. Similarly, opting for a black and white ad instead of color means you could fail to attract enough eyeballs to get the ad noticed. But working with a PR firm on a project basis as opposed to a costly monthly retainer can still get you featured on TV. In the end it comes down to how well your PR pro develops your message and leverages it with the media.

In today's economy, ROI is more critical than ever. While PR is never a guarantee, it can be a cost effective way to get you message to the right people, and if you can still throw some money behind advertising-that's even better.

Partner Up

SBOCTeam — Mon, 12 Jan 2009 15:44:00 GMT

Broadening your network of business contacts and seeking out additional referral partners is an excellent way to let your friends build your business for you. Just make sure you return the favor

By Max Berry

You can never have too many people in your corner. That goes double for a small business owner. Without the resources for a massive advertising campaign, an entrepreneur needs to rely on a little help from his friends to spread the word. Seeking out a fellow entrepreneur-or several-to help spread the word about your product or service can help you get new business the old fashioned way: through word of mouth.

The Power of Diversity
"Diversity is key," says Dr. Ivan Misner, Founder and Chairman of global business networking organization BNI (http://www.bni.com). "I mean diversity in every sense of the word. Most networks are clumpy, they're cluster-like, and they become insular." An entrepreneur may have the tendency to seek referral partnerships with small business owners solely from his or her own field. After all, how much help, for instance, could a Mary Kay consultant be to a film producer? As it turns out, quite a bit.

Misner recounts the story of a Mary Kay consultant visiting a client's home to perform a facial. When the client's husband, a film producer, came home disgruntled about something at work, his wife asked him what was wrong. A graphic designer he'd lined up for an important film project had just backed out and he found himself in the lurch. But the Mary Kay consultant, on hand to perform her own business, happened to be carrying the card of a graphic designer she knew. She gave it to her client's husband, who called the designer and struck up what turned into a long-term, and exceptionally lucrative, working relationship with the designer.

The story illustrates the reasoning behind Misner's belief that an entrepreneur should never rule out a helping-hand partnership with anyone. As he puts it, you never know "whose house someone might be in."

"A powerful network has people who are connectors, those who connect you to people you never would have met otherwise," says Misner. "The more connectors you have, the better off you are."

Help!
When looking to connect with a fellow entrepreneur, there is one key mistake every small business owner should steer clear of. "Too many people are looking to close a deal," says Misner. "It's a huge mistake to build a business that way." People, especially small business owners with their own bottom line to think about, often resent an unsolicited pitch, especially when the pitch is couched in a disingenuous affability.

To build a strong partnership, a small business owner must first build trust. And the only sure way to trust is through sincerity. "You have to find an opportunity to help someone in some simple way," says Misner. "And help doesn't mean ‘sell a product.' Help means ‘help.' When you meet a like-minded small business owner, talk to them. Ask questions. If rapport builds, ask them what the biggest challenges are in their line of work and, if possible, show them a route they may not have been aware of. Refer them to someone in your network who may be able to lend a hand. The broader and more diverse your network of referral partners becomes, the more readily you'll be able to do this-and the more likely your partners will be to refer someone to you if they find themselves in a similar position. As Misner likes to say, "Networking is more about farming than it is about hunting."

Come Prepared
"The problem is we don't teach networking in schools and colleges," says Misner. "[Schools] teach advertising [as if] every college graduate, in their first job, gets to run a multi-million dollar advertising campaign." Of course, few small business owners, let alone recent college graduates, get to do that. Instead, you need to rely on some basic, day-to-day practices to increase your chances of forming a valuable referral partnership.

Always carrying a business card is rule number one, but Misner recommends taking the practice one step further. Not only should you carry your own business cards, but also-remember the Mary Kay consultant-the cards of your referral partners. This is an instant means of spreading the word about the people in your network. Once you do so, they'll be more than happy to return the favor.

There are also established services, like Misner's own BNI, that will provide referrals for you and put you in touch with other entrepreneurs looking for referral partners. The Referral Institute (http://www.referralinstitute.com) is another organization that gets Misner's endorsement.

"You can network any time, anywhere, any place," he says. The key is to keep your eyes open for the right person and be ready to make contact. As Misner puts it, "Networking is a contact sport. You've got to get belly to belly."

Podcast Marketing � How to Promote Your Biz Using Podcasts

SBOCTeam — Thu, 08 Jan 2009 15:48:00 GMT

by ZekeLL

Podcasting is blogging with audio instead of text. Essentially, you post an MP3 file instead of an article.

5 Reasons Why Podcasts Are Great

An increasing number of people are downloading new podcasts every day.
Unlike TV, podcast can be played whenever the listener wants.
People can listen to them in their cars on their way to work or when they go for a run. You will get their full attention.
There is a lot less competition in the podcast market than there is in the article market.
Podcasting is a lot easier and less time-consuming than blogging and getting your articles published.

5 Steps to Producing a Podcast

Download Audacity at#### http://audacity.sourceforge.net/download/#### or any other audio editing tool.
Get a good microphone.
Write the script (so the podcast doesn't sound improvised and amateurish).
Record it in a noise-free environment.
Apply the noise-reduction filter in your audio editing software and save the podcast file.

Where You Can Submit Your Podcast
PodOMatic - http://www.podomatic.com/
Podcast Alley - http://www.podcastalley.com/index.php
iTunes - http://www.itunes.com/
Yahoo Podcasts - http://podcasts.yahoo.com/
Digg Podcasts - http://digg.com/podcasts
Podcast Directory - http://www.podcastdirectory.com/
Podcast Pickle - http://www.podcastpickle.com/
PodFeed - http://www.podfeed.net/
Odeo - http://www.odeo.com/
Digital Podcast - http://www.digitalpodcast.com/
Podcast.net - http://www.podcast.net/
Singing Fish - http://search.singingfish.com/sfw/home.jsp
Blog Universe - http://www.bloguniverse.com/
All Podcasts - http://www.allpodcasts.com/
Big Contact - http://www.bigcontact.com/
Collectik - http://collectik.net/collectik/
PodNova - http://www.podnova.com/
PodTech - http://www.podtech.net/home/

How to Save a Lot of Time When You Submit Your Podcast

I absolutely love these two tools because they submit your podcasts to the major podcast directories for free and they save you a lot of time.

PodPusher - http://www.podpusher.com/
Pod Submitter - http://www.podsubmitter.com/submit

Zeke Camusio is a serial entrepreneur. The Outsourcing Company, his 6th endeavor, is a creative web design and Internet marketing agency with offices in Aspen, CO and New York.

Zeke writes Let's Do It!, one of the most prestigious and popular entrepreneurship and Internet marketing blog. Check it out: www.TheOutsourcingCompany.com/blog.

Video Marketing � How to Promote Your Business Using Videos

SBOCTeam — Fri, 02 Jan 2009 18:20:00 GMT

by ZekeLL

Video marketing is a fairly new term. It means producing videos and posting them to several video sharing websites to boost your website traffic and get your name out there.

5 Reasons Why Video Marketing Is Great

Google is showing more and more videos in the search results.
Producing a video is very inexpensive and posting it is free.
Most video sharing services such as YouTube have several tools to help people spread the word. Think about it. People actually market your videos for you.
Millions of people promote their websites using articles, but just a small percentage of them use videos. The competition is a lot less fierce.
Video communities are a lot more active than article communities. It is not uncommon to post a video on YouTube and get 1,000 comments in a month!

5 Steps to Producing a Video

Decide what kind of video you want to record (talking head, based on a PowerPoint presentation, from your computer screen, interview, etc.)
Get a good microphone and a camera. It doesn't have to be a professional camera. Sometimes a simple digital camera is enough.
Write the script or prepare the content. Do a practice run first.
Record it.
Do some minor editing using free software such as Windows Movie Maker. You will probably need to trim out the end and the beginning, and add a watermark with the URL of your website.

Where You Can Submit Your Video
YouTube - http://www.YouTube.com
Google Video - http://video.google.com/
Yahoo Video - http://video.yahoo.com/
FlickLife - http://www.veoh.com/
Blip - http://blip.tv/
Crackle - http://crackle.com/
Flurl - http://www.flurl.com/
BoFunk - http://www.bofunk.com/
Vimeo - http://vimeo.com/
Flixya - http://www.flixya.com/

A Case Study
In case you are still not 100% convinced that video marketing is an amazing tool to drive massive traffic to your website, listen to this. Last month we recorded four videos for a client and distributed them to the services mentioned above.

We used some tricks, picked the right keywords, and created some backlinks to them. Then we social bookmarked them, submitted their RSSs to some RSS search engines, and we finally pinged all the pages that we created. All this took us 4 hours. In 6 days, our client's videos had 150,000 views! Do you realize what that means? 150,000 people discovered our client's company in less than 6 days. He got 1,746 visits and $11,235 in revenues from that campaign. His investment was $215. Are you a video marketing believer now?

Zeke Camusio is a serial entrepreneur. The Outsourcing Company, his 6th endeavor, is a creative web design and Internet marketing agency with offices in Aspen, CO and New York.

Zeke writes Let's Do It!, one of the most prestigious and popular entrepreneurship and Internet marketing blog. Check it out: http://www.TheOutsourcingCompany.com/blog.