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Click to view tpmtps's profile EXPERT tpmtps 10 posts since
Sep 27, 2007
15. Re: Live Q&A with Steve Farbman from 2-3PM EST Going On Now! May 14, 2008 3:00 PM
in response to: SBOCTeam

That's a question that could probably deserves as its own forum. Here are some quick thoughts.

If the past 20 years are any indication, then I think it's fair to say that there is no way, with any certainty, to predict how we will be marketing in the future. The biggest change in the past 20 years has been the internet and that has all but revolutionized the way companies market. Ironically, the internet has helped create a global economy but it has also fostered the ability for individualized marketing. Cell phone technology, social networking, blogs and tivo, just to name a few, have all impacted the marketing landscape. In terms of the future I think you'd have to ask Steve Jobs or Bill Gates to tell us where technology is going and that would help us figure out what the new marketing strategies will be.
Click to view SBOCTeam's profile sboc SBOCTeam 328 posts since
Jul 27, 2007
16. Re: Live Q&A with Steve Farbman from 2-3PM EST Going On Now! May 14, 2008 3:04 PM
in response to: tpmtps

Hey everybody, Steve would like to extend the event to answer two more questions for you. Thanks Steve!

clnshirtz has been busy, he asks:

What are the most common mistakes you see Small Business Owners making when it comes to using or not using newsletters, e-mails, and their website content. I don't know much about this but am intrigued at the idea of using a blog or a newsletter to help make more of a connection to our customers.
Click to view tpmtps's profile EXPERT tpmtps 10 posts since
Sep 27, 2007
17. Re: Live Q&A with Steve Farbman from 2-3PM EST Going On Now! May 14, 2008 3:06 PM
in response to: SBOCTeam

I think the biggest problem I see with email is a lack of content. Most emails I get from companies are straight promotions, the electronic equivalent of direct mail. Since one of the benefits of email is the low cost of delivery, I think more companies should develop email ideas that can be delivered on a weekly or bi-weekly basis. In order to get your customers to open the email I would want to give them something interesting or useful to read. Let's say you are a local bicycle shop. Rather than just sending an email to announce a sale, you can inform your customers about upcoming races in the area, or local charity rides. You can request customers to submit photos from previous events. You can provide links to manufacturers' web sites. You might even get one of your manufacturers to sponsor your email.


I think a blog is a potentially great idea, but it's a lot harder than it looks. You have to be able to spend the time to make it interesting and worthwhile and then you have to keep it going, which takes a real commitment. Done well, it allows you to exhibit your expertise in your field, which is a valuable asset for generating new business.

Click to view SBOCTeam's profile sboc SBOCTeam 328 posts since
Jul 27, 2007
18. Re: Live Q&A with Steve Farbman from 2-3PM EST Going On Now! May 14, 2008 3:08 PM
in response to: tpmtps
Winding down, our second to last question is from Generation04:

I always wanted to write a book and sell it in a major book store. How does a novice like me shop a book to a major publishing house - get it printed and collect royalties? How does one break into this industry if you don't have any connections?
Click to view tpmtps's profile EXPERT tpmtps 10 posts since
Sep 27, 2007
19. Re: Live Q&A with Steve Farbman from 2-3PM EST Going On Now! May 14, 2008 3:09 PM
in response to: SBOCTeam

Unfortunately, it is very difficult for a first time author to get a book published by a major publisher. You don't mention what type of book and that could play a role in which publisher might make the most sense. Of course with the internet more people are self-publishing and trying to build awareness online through the various social networking sites, blogs and other commercial sites. Good luck!
Click to view SBOCTeam's profile sboc SBOCTeam 328 posts since
Jul 27, 2007
20. Re: Live Q&A with Steve Farbman from 2-3PM EST Going On Now! May 14, 2008 3:11 PM
in response to: tpmtps
And our last question is from SJCarpentry:

I liked your article on the site about treating people with respect. I have 2 related questions - it seems you have really grown your business quite a bit. What has been the key to your success taht we can learn from. Secondly, how did you finance your growth (e.g. bank loan, no loan, friends and family) and third, what strategies have you learned to win bids from big
Click to view tpmtps's profile EXPERT tpmtps 10 posts since
Sep 27, 2007
21. Re: Live Q&A with Steve Farbman from 2-3PM EST Going On Now! May 14, 2008 3:14 PM
in response to: SBOCTeam

I'm glad you liked the article. I originally purchased a company with a partner using private money mostly through friends and family. We were able to grow by using cash flow from the existing business. I think one of the keys to our success is directly related to your other question about how to win business from bigger competitors. We have strived from the beginning to have the principals and our key executives very involved in all of our projects. Larger companies usually hand the work off to junior people once they land the business, but we believed that if you hire us you are hiring us for our expertise and experience. Therefore, we are very hands-on, at a senior level, with our customers and work very closely with them. If any of our customers have a problem they know they can call me directly. In addition, since our infrastructure is most likely much smaller than many of our competitors we can usually offer price advantages without giving up our margin.
Click to view SBOCTeam's profile sboc SBOCTeam 328 posts since
Jul 27, 2007
22. Re: Live Q&A with Steve Farbman from 2-3PM EST Going On Now! May 14, 2008 3:19 PM
in response to: tpmtps
Steve,

On behalf of the SBOC Team and the members of the Small Business Online Community, we wanted to say we truly appreciated your time today and your professional responses to user questions.

Community members, while our session with Steve has now concluded, please feel free to discuss today's session and the questions answered. Again, if you'd like more information about Steve and Touchpoint Media, visit:

http://www.touchpointmedia.com/

Thanks again,
The SBOC Team

Click to view SBOCTeam's profile sboc SBOCTeam 328 posts since
Jul 27, 2007
23. Re: Live Q&A with Steve Farbman from 2-3PM EST Going On Now! May 14, 2008 9:18 PM
in response to: SBOCTeam
Next, we have designer and he wants to know:

Q. How often should you purge your Mailing List? Also, for newsletters...is technology changing the way we communicate? With cell phone usage, I find it's better to keep messages one or two sentences long to get a point across effectively. If there are too many characters and text, people are not seeing the whole email and end up just deleting my emails. Thank you.

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