When is Internet Marketing NOT Internet Marketing?

Internet Marketing

“Watson, I would like you to consider a statement, and tell me what it makes you think,” The Effective Detective wasted no time in starting out the conversation.

“Go ahead, sir, I shall endeavor to do my best,” I replied.

“I’m sure you will Watson,” The Detective said before continuing on. “The statement I would like you to consider is that just because you market on the Internet does not make you an Internet Marketer.’

“Just because you market on the Internet, does not make you an Internet Marketer. My first impression is that it is a contradiction, sir,” I said, giving my honest first impression.

“Just so, Watson, but think a little more on what that statement is saying,” The Detective urged me.

I furrowed my brow and turned the phrase over in my head before I felt a sudden flash of inspiration. “Wait! I think I see what you are saying. Just because say, a brick and mortar store that sells confections sends out an email occasionally to its customers and has a website, does not make them an Internet Marketer – they are not truly trying to make a living from selling on the Internet, yet they are using the Internet to market!”

“Precisely Watson.  Why do you think this distinction might be of some consequence in our dealings with small businesses?” asked The Detective.

I thought for a minute, but at last had to admit that I was stumped. “I am not sure sir, the distinction is plain once you give some thought to it, but I am not sure I see what use it is beyond that.”

“Ah, Watson, we need to work on your skills a bit yet. You are thinking merely of the words instead of the what the words imply,” The Detective began.

“Imply sir?” I interrupted.

“Hush Watson, let me continue. You see you are merely looking at a play on words, I am thinking what is involved to actually be one of these two marketers.

“The key here is the tools and methodologies. When I review my daily bombardment of emails from the various lists I am on, I tend to see some common threads. One common one is using a funnel. In Internet marketing the end destination of the funnel is almost always the sale. However, if I am a consultant, I may want my end destination to be a complimentary analysis. The focus on an end sale tends to distort how to make use of the tool.

“I find it interesting that so many jump on a particular Internet Marketing bandwagon, only to jump off when they realize the tool doesn’t fit their situation. The shame of it is that in many cases some minor tweaks to the process might actually yield the results they desire, but they don’t look beyond the seemingly broken promise of purchases that don’t require the hard work of actually speaking with a prospect.

“Alternatively, a brick and mortar store misses out on the opportunity to use email because they know for their market email doesn’t work well as a direct sales tool, but completely forget that the backbone of their business is the true rapport they develop with their customers; a rapport that cannot be replaced by email, but can be supplemented by it,” The Detective paused briefly, and I decided to get in my usual interjection.

“So you feel people need to be more creative in using the tools that are out there, rather than blindly following a guru, who uses the tool a certain way that works well for them,” I ventured.

“Very good Watson! The secret is to not try to be an Internet Marketer if your business is not suited to it – which is really moving into a new business area, but to use the Internet and the various tools and methodologies in a way that suits your marketing style and market. Look to the Internet Marketing  experts for interesting techniques, but beware following them exactly if it doesn’t fit your market. At the same time, don’t discount the methodology if you can tweak it to fit your needs,” The Detective concluded.

“Excellent sir, I take it we should move on then?” I asked, letting The Detective have the last word.

“Quite so Watson, quite so.”

 

You don’t need CRM

Customer Relationship Management

“The software world never ceases to amaze me, Watson,” The Effective Detective started out sounding just a tad negative as I entered the room.

“That surprises me sir, considering you were in the industry for so long, I didn’t think anything would amaze you,” I replied, expecting a certain reaction, and receiving it.

The Detective gave me his sideways look before answering, “Droll, Watson. I of course was using a figure of speech. I am well aware of the good points and the warts of the software industry. Rather than belaboring that point, may I continue?”

“Of course sir, what aspect of the software world has amazed you?” I somberly replied, snickering inwardly.

The Detective paused ever so briefly, as if contemplating another verbal jab, but thinking better of it. “One part in particular, Watson, Customer Relationship Management.”

“CRM, sir? I would think that you would be most in favor of CRM giving your attitude towards maintaining contact with prospects and customers,” I exclaimed, with some concern.

The Detective smiled, and I realized he had returned my initial favor, by eliciting a strong reaction from me. Honor having been served, he continued, “Yes CRM, Watson, and yes you are quite correct I am an advocate of maintaining contact with prospects and customers. However, the trend in this part of the industry is to go to vastly overblown and complex systems that ill serve the average user. Both in complexity and in cost.”

The Detective paused to give me my chance to interject, but I was still confused,  so I could only give a meek reply, “Please sir, continue.”

The Detective lifted an eyebrow, and perhaps a slight smile. “Watson, I do believe I have confounded you a bit. Let me explain. One of the mistakes people make is to think if a little data is a good thing, a lot of data is a great thing. This basic misunderstanding is encouraged by the breathless coverage of Big Data. It is true that in some cases masses of data can be useful, but in the case of the average small business, the emphasis should be on fewer key data points.”

“And how does this relate to CRM?” I asked, still a little puzzled.

“In the first place Customer Relationship Management is hardly an accurate term for what most small businesses need, Watson. To deserve such a lofty title as Customer Relationship Management System, a program should not only schedule and track phone conversations, but manage all of the emails you send – both mass emails and individual, coordinate sending out sales literature, note progress through the sales cycle, and provide tools for sales management to monitor and evaluate the progress of their staff.

“The reality is that most of us require the following pieces of information to have an effective follow-up system: A list of who we should call today, notes about the last contact we had, and when should we call them back, and perhaps a few keywords that can be used to search contacts. We used to call the process contact management, before the industry decided we needed all sorts of fancy features, and wanted to save detailed information that most of us can’t get from our prospects, and for the most part, don’t need or care about.

“When looking at your needs in sales, think realistically about what is needed, and how you truly interact with your prospects and customers. I think you will find that you are actually doing simple contact management, not true CRM. Look for the program with the LEAST numbers of features. That will be the one you will truly use,” The Detective paused, waiting for my response.

“So less truly is better, sir?”

“Precisely Watson! Shall we move on?” The Detective responded, ending our conversation.

Why Do We Do This To Ourselves?

Laptop with overloaded DVD Drive. Isolated on whiteA wave of relief washed over me as I saw The Effective Detective was not carrying some kind of ridiculous prop, and did not have a look on his face indicating that he was about to drop a bombshell. Perhaps, I thought, today may be more of our usual type discussions.

“Ah Watson, so good to see you, we have an interesting quandary to consider today,” The Detective smiled his half-smile, which actually sort of worried me.

I replied, well aware I was going down a path that had been determined for me. “A quandary sir? What might that be pray tell?”

“Watson, is that suspicion I hear in your voice?” The Detective asked. When I didn’t answer immediately, he continued, “relax your mind, Watson, there are no big announcements today, merely a point of interest I have picked up on while developing some software to solve a few of the problems we encounter in marketing,” The Effective almost, but not quite, admonished me.

“I’m relieved to hear that sir, so what is the topic today?” I exhaled with a noticeable sigh.

“Information overload, or rather self-imposed information overload, my dear Watson. I find it amusing that while we all bemoan how much information is being thrown at us on a daily basis, we then turn around and accumulate vast information stores most of which are of dubious value towards meeting our goals, and we clamor to figure out how to gain even more. We complain bitterly that we are drowning in data – when it is being sent to us by others, then we go and place the burden on ourselves. Most curious as well as amusing,” The Detective took his characteristic pause, waiting for a rejoinder from me. Since we were playing our usual game, I decided to jump in whole heartedly.

“Sir, I can’t imagine what you are talking about. I see a general narrowing of information requests. I see very few people who ask for more than a name and an email address on their sign up forms. It would seem that a large percentage of other marketers have picked up on this,” I continued, interrupting The Detective who smiled that half-smile and I realized I had been set up. Again.

“True Watson, but there is one place where it seems retrieving a glut of information is still considered a best practice – a term I despise by the way, but that is a discussion for another day. Look no further than Customer Relation Management or CRM – an overblown term for Contact Management as it relates to the vast majority, where it seems a good review is dependent on how much data you can cram into their databases, and the number of useless features added on for good measure.

“The average small business person generally will have a manageable number of direct relationships, and thus needs to collect and record less information. The fact of the matter is Watson that the primary pieces of information you require when you are chasing after a prospect are their name, their company, phone and email, some notes, and most importantly: what is your next step with them and when it is to be taken? I know this for a fact, since I used to sell – quite successfully I might add, using a box of index cards organized by date with names and phone numbers and handwritten notes,” The Detective finished, slightly out of breath.

“So trying to collect and store all those tiny bits of trivia and probabilities of closing, and classifications of prospects which requires a relatively complex and cumbersome system might actually be detracting from the average person’s sales productivity!” I exclaimed, getting the point.

“Exactly Watson! A lot of us forget to make a phone call or what we said the last time we spoke to someone. That hardly requires a product that fills the screen with slots for useless information, making it that much harder to use – and thus less likely to be used. If one insists on using one of those monstrosities, they should do themselves a favor and focus on those few pieces of critical information and ignore the rest of the screen,” The Detective added.

“Something to truly think about, sir,” was the only rejoinder I could come up with.

“Quite so Watson. Quite so.”

 

 

 

Sales Funnels – What You Might Be Missing

salesfunnelThe Effective Detective was lounging back in his chair examining a funnel of the type used to possibly fill a car with oil, when I entered the room. I assumed that this was the topic of the day, and unable to conceive of anything else that might be a better topic, I played along.

“Planning on changing your oil sometime today sir?” I asked innocently.

“Eh? What? Oh Watson, don’t be silly. You know I would never risk damaging my car by attempting to change the oil myself. That is work – at least in my case – best left to professionals. Actually what an interesting segue to today’s topic. Which, as you might of guessed is about sales funnels.” The Detective replied.

“I had a feeling, sir. However, I am intrigued how changing the oil in your car is a segue into the topic of sales funnels,” I responded back, a little puzzled at this turn of the conversation.

“Not the process of changing the oil itself, Watson – please don’t pretend to be so dense – but rather the funnel itself. You see Watson, many of us were trained to look at the sales funnel as a metaphor, not a process. It merely represented how the number of prospects are reduced as they move through the sales cycle. You start off with a large number of prospects – a number that shrinks as information is provided and contacts made. That however misses the point of what is currently described as a funnel truly is,” as was customary, The Detective paused giving me an opportunity to interject, or to simply request he continue.

“I’m confused sir. How does it miss the point? What else is a funnel sales or otherwise?” I asked, knowing this would trigger the explanation The Detective was so obviously hoping to provide.

“Ah Watson, a modern sales funnel, one that would be used by marketers such as ourselves, is far more complex, perhaps even more elegant. In the past, this funnel represented advertising to some prospects to get them interested, calling them to gauge their interest, sending them sales literature – brochures and the like, calling them again to make a trial close, then finally going after the final close, so that a few clients would drop out the end of the funnel.

“Today’s sales funnel would be more like a fun house maze. If you take a certain action, you may go in a completely different direction. It is not a straight path. How you respond to your prospect is totally dependent on how they respond to you. Did they open that email? Did they watch that video? A real sales funnel has multiple paths to get to the final destination – a sale. The beauty of it all? The tools to do it are all there for us to make this happen!” The Detective finished with a flourish.

“Fascinating, sir! I don’t believe I have ever thought of it that way,” I responded quite pleased with the way this had ended.

“Quite, Watson,” The Detective said, ending today’s discussion.

 

It’s all in the follow up

vector contact us icon“You seem quite busy today sir,” I began our weekly conversation with The Effective Detective, noticing that he was scrambling around almost frantically versus his usual cool collected, and seated demeanor.

“Watson, for heaven’s sake have you forgotten we have a seminar to give tomorrow?” The Detective exclaimed, the exasperation in his voice quite obvious.

“Actually sir, You have a seminar to give tomorrow, in case you have forgotten I am your virtual assistant. I am going nowhere,” I replied, perhaps a bit too smugly.

“Quite right Watson! In my rush I had quite forgotten. Since you are here, I wish to relate an important lesson I learned in organizing tomorrow’s event,” The Detective smiled as he realized his mistake.

“I am always interested in lessons sir,” giving him his break to being speaking.

“Watson, when planning was begun for this event, we made the mistake of not looking too closely at the calendar and realized we had left very little time for marketing after the holidays. This required a reevaluation of our plan. We did manage to get some marketing out into the social media realm, and some interest was expressed. However, at the time we had few sign ups, and only a week and a half remaining,” The Detective took a breath, which I used as an excuse to interject – with just a tiny bit of sarcasm.

“Heaven’s sir! What did you do?”

The Detective looked askance at me for a brief moment, but shrugging it off, he continued. “Thank you for asking Watson! Actually, your sarcasm aside, that is an excellent question. I got on the phone and started calling. Actually often calling multiple times. You see Watson, people always have the best of intentions, however, when confronted with real life, niceties such as a seminar – even one that could be quite useful to them – get lost in the shuffle. A simple phone call making the offer again was extremely effective. People that were originally interested signed up, and a good number of people who were wavering were convinced to sign up as well… unfortunately not all… you can’t win them all after all Watson.”

“Interesting sir, but I am feeling a tad dense today sir. What is exactly the point?” I asked feeling slightly perplexed.

“Follow up Watson, follow-up! Many of those calls were not sales calls, they were simply confirmation calls. They were interested, but needed to get through the haze caused by our busy days. The other thing of note Watson, was the phone was far more effective than email. A short conversation explaining the seminar and the benefits were all that were needed. Yet, how often do we just expect people to see our brilliance or the value. They fail to note that their product/service/seminar is not the only thing going on in their prospects’ lives. Follow up is needed, and the phone is simply the single most effective of follow-up there is,” The Detective finished and looked at me expectantly.

“So one of the lessons here is don’t be afraid to pick up the phone, your success level will be much higher!” I exclaimed, understanding the point now.

“Well put Watson. Well put.”

Bah Humbug?

Tied Red Holiday Anniversary Ribbon Bow on White Background“Did you have a pleasant Thanksgiving, sir?” I asked The Effective Detective.

“Quite. Thank you for asking Watson. Actually, your query brings to mind an interesting idea,” The Detective answered.

“Indeed. And what would that be sir?” I couldn’t help myself. I knew he would continue anyway, but with a hefty dose of sarcasm. Better to just encourage him to continue.

“Your feigned interest distresses me Watson. Only mildly, of course,” The Detective shot back, doling out the sarcasm anyway, and then continuing. “Nonetheless, the idea is still one that is worth discussing. One of the more enduring… shall we say, myths, is that if you sell to other businesses versus consumers, doing business during the end of the year holidays is a waste of time. After all, everyone will be so busy with shopping and parties that they won’t give you the time of day.”

“I take it you are not of that opinion, sir?” I asked.

“Brilliant observation, Watson,” came back another dose of sarcasm from The Detective. “Our own experience disproves this supposed truism. For as long as I can remember, the period from Thanksgiving to Christmas has been one of our busiest times. This year, the response to our marketing for our Telesummit has exceeded our expectations.

“The simple fact is that in today’s world, the traditional Christmas season – Thanksgiving to Christmas – actually to New Years, does not have quite the business deadening effect it once did,” The Detective took his characteristic pause, and waited for me to interject something.

“Why would you suppose the situation has changed?” I obligingly threw out a question.

“Perhaps it is the rise of online shopping, which frees people from frantically pursuing gifts all over town, giving them more time to devote to business. Perhaps it is the simple fact that everyone seems to have to work that much harder to keep ahead of the curve, why else would more and more stores be open on Thanksgiving – a lamentable trend I must say. Work increases but there are no more hours added to the day, no more days added to the year. Does it matter though Watson?

“The point is that there is far more opportunity to do business during the end of the year holiday season. You can choose not to pursue that potential business, but please don’t tell me there is no business to be had,” The Detective finished.

“Sir, you sound like a regular Scrooge,” I teased.

“Bah Humbug, Watson,” The Detective answered, but with a smile.

Squirrels

too_much_data“Watson, do you remember our discussion regarding too much segmentation?” The Effective Detective started today’s discussion.

“Of course, sir. It is hard to forget any of our discussions,” I replied.

The Detective cast a sidelong glance my way, briefly trying to decide if I was being sarcastic, then deciding  he didn’t care, and continued.

“I have realized there is a similar issue that requires some examination,” The Detective began.

“Which would be?” I asked, encouraging him to continue.

“We all know we are all deluged with data on a daily basis, Watson. What we often don’t realize is that even when we narrow down the data points, we may not be, how shall I say this? narrowing it down correctly.”

“You mean we are looking at the wrong data, sir?” I asked, concerned.

“Not actually wrong as in incorrect, Watson, I would describe it more as data points that are distractions versus ones that take us closer to our destination,” The Detective assured me.

“I am afraid you have lost me, sir. Distractions? If the data is correct how could it be a distraction?” Now feeling a tad confused by the direction the conversation was taking.

“Elementary my dear Watson, even the simplest data analysis – is this good, is this bad? requires time. If you are looking at data that, while quite correct and accurate does not advance you toward your goal, it is a distraction. For example, obsessing over the number of hits your website gets, and ignoring if any of those hits sign up for your list  or buy products that you had for sale. Wondering how you can increase your Social Media Klout without checking to see if all of that Klout is resulting in sales,” The Detective took his characteristic pause, and I, seeing a chance, jumped in.

“Weapons of Mass Distraction, sir?”

The Detective rolled his eyes, but couldn’t hide the smile from turning up the corners of his mouth. “A bit of a cliché, but still accurate, Watson. There is actually nothing wrong with looking for hits, likes, or whatever, the issue becomes when you become distracted by them and lose sight of what the real goal is. You must look at any data in concert with your goals, for example,’ my hit rate is up but my sign ups are flat’, then you can consider issues with the copy, or perhaps you are simply getting hits from sources that are not in your market. The data only informs you when looked at together. By itself, some of this data truly is just a distraction,” The Detective finished and gave me that look that told me it was time to move on.

“Something we should all consider, sir.”

“Quite so, Watson, Quite so.”

Is that all there is to it?

Image courtesy of Stuart Miles / FreeDigitalPhotos.net

Image courtesy of Stuart Miles / FreeDigitalPhotos.net

The Mystery of The Mixed Message

“I trust you had an enjoyable Christmas sir,” I said, taking the initiative in today’s conversation.

“Quite so Watson, and I trust you had the same,” came the reply from The Effective Detective.

“Thank you sir, but something has been nagging at me since  a previous conversation regarding customer experience,” I replied, steering the conversation to the subject that had been bothering me.

“And that something would be?” asked The Detective.

“Well sir, I understand that each business has its own experience that it can define. Then it must attempt to find a market that wishes to engage in said experience. However, that cannot be the only thing that matters could it?” I queried, extremely curious to see if I had been over-thinking this.

“Ah, Watson, an excellent question, and one that I wish had your, and most likely everyone else’s, desired answer of yes. Unfortunately it is slightly more complicated, but luckily not all that more complicated.

“Woven into the experience is a little nebulous thing called value. Whilst it is critical, in fact paramount, that you find the audience that wishes to engage in your experience, you must provide one that meets their expectations for such an experience, such that they feel, for lack of a better expression, that they ‘got their money’s worth’. This is the value. Not to pick on Walmart… too much… but let us review that experience again. Cheap stuff at rock bottom prices. However, they cannot just stock the shelves with things that do not work at all, or break as soon as they come out of the box. While people do not expect the quality of a high-end purchase, they do expect something functional for the amount of money that they are spending,” The Detective explained.

“So value is quality,” I said, feeling that I understood.

“To a degree, Watson, but not the only component,” The Detective responded, with a slight smile.

“Ah, I am confused once again, what else is there?” I asked dejectedly.

“How do you attach a quality metric to a presentation, Watson? Some of the most informative speakers out there provide fantastic value, yet in a harsh evaluation of their style, they might not have delivered said information in the highest quality speech. Another example would be information products. Not all of them are packaged in the highest quality cases, with studio quality sound and/or video. Yet many provide a great experience and exceptional value to their purchasers. On the opposite end, one could put on a perfect presentation, but not provide an iota of value, which I believe in anyone’s estimation would qualify as failing.

“Value comes into play even with free giveaways and events, because nothing is truly free, we might extract an email address,  and no matter what, the end-user is giving us their time, the single most important commodity of all. Thus value and the experience are intertwined. We must provide an experience that our market desires, but it must also provide value to them!” The Detective finished with his characteristic flourish.

“A difficult concept to wrap one’s head around sir,” I replied.

“Quite.  But one must consider the return on such an investment. That, dear Watson could very well be incalculable.”

One Thing to Bring Them All and in The Business Bind Them

The Mystery of the Marketing Trilogy Part 3

“So Watson, when last we met you had deduced that something was missing. We had provided a ‘Why’ our prospect should be interested and we had told them ‘What’ was required to address said ‘Why’. Yet, something was missing. Now what would that be Watson?” The Detective prompted.

“Well, sir, how would I go about doing this ‘What’ that you described?” I asked.

“Exactly, Watson! The How! The third part of the trilogy! That is what some percentage of your prospects will pay for! Once they understand why this is important to them, and what to do, some will not possess the knowledge or skill to know how to go about doing the ‘What’; some of them will just want someone to do it for them.

“Without the first two steps though, the ‘Why’ they should care, and the ‘What’ to do to address it – and this content is so often missing from presentations, you cannot build the urgency, and you cannot build their trust and confidence in you. Many presenters are so afraid that some people will go off on their own, that they actually give virtually no content, mostly just teasers. What they don’t realize is they are driving away a large number of people, because they do not make their case convincingly.” The Detective finished with a flourish.

“But sir, what about the ones that think they already know how, and go off on their own without taking you up on your ‘How’?” I interjected.

“Well Watson, those people will generally break into one of two camps. The first we will call The Successful Doers. They will scurry off with the information you have given them, execute on it, and most likely will encounter some, or possibly a good amount of success. They will often return to you for more information, and may just encounter something you are offering that they can’t do for themselves or will see the wisdom in working with you, and feeling that you know from whence you speak, engage you to help them. The second we will call The Not Ready Yets. Their businesses or lives may not quite be ready for what you are offering. They may not be able to afford your service or product, or are still debating the value. They will most likely dabble a bit with what you have given them, and have just a  small amount, if any, success. They also have a high probability of returning for other pieces of information you are giving out, and hopefully at some point they will find a price point they can handle, or encounter just enough success to properly engage you and will move forward like The Successful Doers.”

“It seems like a distinctly win-win situation, sir.” I said enthusiastically.

“Admittedly Watson, there is a third camp: The Takers. They will always come to hear you, take what you give, and never become your customer. Luckily, they are more rare than you would expect.

“The overall effect though is quite advantageous to all parties. Your audience gets ideas to work with, and if they desire, the help they need, you gain a well deserved reputation for being knowledgeable in your field, and most likely, more than a few clients. A definite win-win.”

“An objective well suited for a professional, sir,” I responded.

“Quite so, Watson, quite so.”

 

The Mystery of The Incomplete Explanation Part 2

“Where were we Watson,” started The Detective.

“I believe you were just going to start a further explanation of point two from a previous discussion, sir. Lost Customers to be precise.” I quickly replied.

“Quite Right. Actually, this one in a way, is self-explanatory. It astounds that more business people don’t see it.

“You see Watson, in the haste to get new customers, because everyone knows they are the life-blood of a business, business people often forget they already have a source of said ‘life-blood’: people who have already bought from them. Unfortunately, too often they either take them for granted – assuming that because they were so impressed with the service and/or product they received, they will come running back when they need something additional, or they don’t think of them at all, acting as if all customers are new customers. Of course, the result is the customer does not think of them either.

“A truly ‘lost’ customer must be approached cautiously. After all, there has probably been no real communication for some time. But you must find a way to reestablish contact. Direct mail, email, the method may depend on the data you have. Here is where caution comes in. Suddenly pummeling them with reminders that you are still in business and why the heck have they not visited you, or the same old flyers you send out would be counter productive. These are people who have done business with you before. They want to – and may already,  think of themselves as special, as having done you the kindness of having done business with you – no matter that you may feel you saved their business, made them look good to their client or boss, or simply given them a great deal! Your perception is irrelevant.

There must be some kind of offer to entice these lost souls. It needn’t be anything large, just something of value. After all, they were your customer once, if you provided a quality product and good service, they probably would most likely welcome the contact; a much easier sale I would say. In all probability it wasn’t that they did not want to do business any longer, but, like for most of us, life simply got in the way, and since the business did nothing to reestablish the relationship, it slipped away like an old High School friend,” finished The Detective with a flourish.

“How poetic!” I exclaimed.

“Yes, well, sometimes it is easy to get carried away Watson, let us not dwell on that,” replied The Detective sheepishly.

“Of course, sir. Shall we take a break before going into another mystery?” I asked, giving him an opportunity to slip away from the subject.

“Excellent idea, Watson, Excellent idea!”