Sales & Marketing – BusinessCollective https://businesscollective.com Entrepreneurship advice and mentorship from the most successful young entrepreneurs. Mon, 04 Jun 2018 15:00:39 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.5 5 Content Marketing Tips Every Successful Entrepreneur Must Employ https://businesscollective.com/5-content-marketing-tips-every-successful-entrepreneur-must-employ/ Wed, 30 May 2018 12:00:14 +0000 https://businesscollective.com?p=53887&preview=true&preview_id=53887 What are your content marketing goals? If you want not only success but sustained success, this question should be visited and revisited often.

Every business will have vastly different content marketing strategies, whether they involve blogging about the benefits of certain products or infographics that people can share via social media to strengthen brand awareness. Though these strategies may vary, their goals should all be the same: to garner attention, build trust for your brand’s marketing message, bring people to your place of business whether online or in person, and generate leads that eventually turn into customers.

All content marketing strategies should also have a few common elements, such as the five I reference below. These five have helped shape my success with my own company.

Create a Sales Funnel

Before creating your content strategy, put together a sales funnel for each piece of content, whether that’s a blog, infographic, or landing page mentioned. Create product or service awareness for prospective customers. The rule of thumb is you have 30 seconds to capture their attention: The more respect and trust you can garner immediately (through a past client testimony, awards, or any recognition), the better.

Once that door is open, they’ll want to evaluate your product or service. Tell stories of other clients’ success, and always bring its most positive purpose in the simplest form. For example, we reiterate the fact that we continually offer the least expensive arrangements for those traveling into and out of Africa.

Finally, they’ll need to make the decision to purchase. Everything beforehand prompted them to this position. Now, what can you offer? Make the pitch valuable by offering whatever guarantees you can provide. 

Understand Your Target Audience

You simply can’t start a content marketing strategy without knowing your target audience. The best route to learning who they are is through intense research of your top competitors, along with listening to the customers you already have and trust most.

Visit not only your competitor’s website but also any third-party publications they were featured in. If competitors have case studies, examine them closely. Check out their social media platforms and tap into their audience.

One way we like to listen to our current customers is through a simple email campaign. We send emails to our top customers, asking for a few minutes of their time to fill out a survey and offer suggestions for better service. In return, we offer a discount on their next trip booked through us.

Appeal to Your Audience

Every piece of your content marketing strategy should be appealing. Use visual elements and charts. Videos will always trump other media forms, but they do take some time to execute well. The next best thing is infographics and appealing charts that show statistics about your industry. Use all three of these elements together to consistently appeal to all potential customers. Always make sure the creative elements educate, entertain, and add value.

Include a Call to Action

Some businesses create a thorough content marketing strategy but likely let many potential clients/customers pass by because they forget to include calls to action (CTAs). Include easy ways to communicate with your organization in your material, whether it’s by email, phone or visiting your website through external publications.

We make sure our CTAs are sprinkled generously throughout our content, but not enough to annoy and deter any marketing message. Experiment and track results of each content marketing strategy you create and revise accordingly. Remember, the market changes often, so a content strategy that worked in spring may not work that fall. Constantly revise while keeping the CTAs strong.

Don’t Skimp on Content Creation

Never skimp on content creation. Once you put together the optimal content strategy, get that content created. If you’re seeking a writer to craft content for your blog or social media platforms, don’t hire a hack. Research and find a respected content creator who has experience and proven success.

The same goes for other mediums such as video or graphic designer; that adage of “you get what you pay for” speaks bounds of truth here. In the beginning stages of our company, we spent considerable amounts of time in-house creating content strategies, but sometimes outsourced the material to the wrong people. We learned, and hired a digital marketing agency known for its talent, and let them work on the creative side. Our results have been successful ever since.

Before you start any content strategy for your business, consider the above five tactics. As entrepreneurs, we have priorities that range from financial to administrative to marketing. We can’t lose focus on any element, especially a content marketing strategy, which sometimes gets pushed aside. Make sure your content marketing strategy is sound in order to build your customer base.

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9 Ways to Garner Brand Attention Outside of Social Media https://businesscollective.com/9-ways-to-garner-brand-attention-outside-of-social-media/ Tue, 29 May 2018 15:00:58 +0000 https://businesscollective.com?p=53866&preview=true&preview_id=53866 Question: What are some ways I can bring attention to my brand, without social media?

Guest Blog

"Over the years, I've gained a lot of credibility by guest blogging for other people's sites. This can be anything from submitting an article to a trade publication to blogging regularly for Inc. Magazine. It's one of the best ways I've been able to get my brand's name out there while not being all over social media."


Pitch Journalists

"PR still works. In fact, it's how many of our favorite brands have been built. Bloggers and journalists prefer being pitched by a founder more than an agency representative. If you can come up with a truly compelling story of why your company matters to the writer's audience, that's your best shot of getting covered -- and by extension, getting attention for your brand."


Reach Out to Product Reviewers

"There are many product reviewers and bloggers who would love to share your brand on their website. Start by doing a search for the terms "your industry category" and "blog" on Google and Twitter. Copy their website URL and check their website traffic on Alexa.com to see if it's substantial enough, then reach out to them through the contact section and offer your product for review."


Get Out There

"You have to take every single opportunity that is given to you in order to grow your business. That sometimes means creating opportunities where others may not see them.  Join local committees, host a show on your local broadcasting network, or create swag that you can hand out at events. You have to put yourself out there and use every instance as an opportunity for brand awareness."


Pursue Channel Partnership

"Channel partnerships are one of the fastest ways to grow if you don't want to utilize social media. Find folks who have a similar audience and negotiate a mutually beneficial arrangement where you can access their users. This can be done as referral fees, upsells, cross-sells, etc."


Pursue Nontraditional PR Opportunities

"One of our favorite ways to get our brand out there is to use our corporate headquarters as an event space for our local community. We frequently offer it to Philly non-profits to host events and fundraisers, which helps us live one of our core values to be a community serving its community, introduces people to our company, and gives visitors a strong sense of our mission."


Send Monthly or Quarterly Emails

"Whether you're building a personal or company brand, sending out a regular email update to the people close to you will help build your brand. You'll be able to measure how many people received and opened your communication. You'll get immediate feedback on how your content engaged your audience. And, you'll have a direct line of communication to showcase what's important to you."


Do Random Acts of Kindness

"Many entrepreneurs are uncomfortable seeking the spotlight, yet a larger brand presence is important for driving growth. If you focus on delivering exceptional service to your clients (expediting orders, making a product donation to their favorite causes) they'll tell your story for you. The best part? You'll be building your brand by doing activities that make you feel good."


Become a Subject Matter Expert

"Social media is only one aspect of building a successful brand. There are many more opportunities for driving traffic and garnering customers through content-driven sites. Become an expert in your field, develop a unique voice, and start reaching out to content providers to publish your articles and generate some real, quality leads and brand awareness."


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6 Google Statistics That Will Show You the Value of SEO https://businesscollective.com/6-google-statistics-that-will-show-you-the-value-of-seo/ Fri, 25 May 2018 17:50:39 +0000 https://businesscollective.com?p=54001&preview=true&preview_id=54001 You already know that having a prominent online presence supported by an effective SEO strategy is indispensable. People are searching for your business, and you need to make sure they find you online. The internet, however, is a virtually endless resource with millions of search inquiries leading consumers to different places.

More than often, an online experience begins with a web search. Yet, how do you make sure people searching for companies and services like yours land on your website, and not someone else’s? One thing you can be certain of is that you’ll need to make a case to prove the value of SEO to be able to direct any of your company’s resources – or client’s resources – to site audits, content marketing, technical optimization, local and backlink strategies.

With updates being done to Google’s search engine algorithm continuously, deciding to craft (an execute on) an SEO strategy sounds like a lot of work. How do you convince your boss or client that it’s worth it? Is keeping up with Google really that important? Yes. Being on Google’s good side, and making it to the front page, will impact your business tremendously. And what about other search engines? What is the value of being searchable? Do you show up online?

To help you make a better case for SEO to justify the value of organic search, I’ve compiled a list of eye-opening SEO statistics about organic search, Google facts, and the internet at large. Be free to use them, tweet them, embed them or insert them into your own presentation.

Check them out, and show them to your boss:

When Google went down for five minutes, global Internet traffic dropped by a whopping 40 percent.

It seems like the Internet really does revolve around Google. In 2013, Google’s services were unavailable for only five minutes due to an outage and web traffic dropped by 40 percent. Google is the heart and soul of the internet. How important is your Google presence and global web traffic? Very.

There are more than 2.3 million Google searches conducted each minute.

What have you Googled today? When I “Googled” the appropriate temperature to bake Alaskan salmon, Google connected me with 338,000 results in under 0.81 seconds. The first result was more than satisfactory. With over 3.5 billion searches conducted a day, odds are that you’ve Googled something. It might have been that very search that led you here. Back when Google launched in 1995, users were conducting just 500,000 searches per day. Today, this statistic has more than quadrupled. The growth of organic search traffic has been growing consistently.

 

how many google searches stat alphametic

Sixteen to twenty percent of all Google searches are first-time queries.

How does Google answer questions that have never been asked before? Through extensive indexing, site crawling and millions of search precedents. Never before asked queries are more common than you’d think. Marketers should think about how to fashion their content strategy so that they find the right balance between targeting ultra-competitive, established keywords as well as the less popular queries that are ‘on the rise.’ Use Google Trends to find these niche golden nuggets.

The top five search results on Google get 70 percent of the clicks.

Does anyone ever go to the second page? Turns out, that your position within search results is of utmost importance. Studies show that the first five search results receive the most clicks (70 percent).

One in six people on the planet use Google.

A big chunk of the world is “Googling” away. With 2 trillion searches conducted on the planet every year, there’s no denying that Google is the world’s most powerful search engine giant.

how many people use google stat alphametic

Eighty-eight percent of smartphone users are using their device to conduct Google searches. 

In company with the previous statistic is the fact that the majority of cellphone users use their phones to conduct searches. According to the report Understanding Consumers’ Local Search Behavior, 88 percent of smartphone perform searches, making the need for a mobile-friendly website crucial. People are searching on the go, and are looking for local results. Google is looking to provide the most practical, precise and relevant local search results through their regularly updated mobile-friendly ranking algorithm. Optimize your local listings with a smart local search marketing plan in place.

Eighteen percent of local mobile searches lead to sales on the same day.

And what’s even more important, 18 percent of local searches will lead to a sale on that very day. In contrast, only 7 percent of non-local searches will. Capturing the local search market through SEO is a smart strategy. Potential customers and clients are searching, you just have to lure them to you. If you have a locally-focused business, you need to show up highly on Google Maps, and other local directories.

 

This article includes the summary of the key Google trends and statistics originally published on the Alphametic blog here.

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The Best Type of Video Content for Increased Conversion https://businesscollective.com/the-best-type-of-video-content-for-increased-conversion/ Thu, 24 May 2018 15:00:54 +0000 https://businesscollective.com?p=53832&preview=true&preview_id=53832 When it comes to making a name for yourself online, you have a number of important marketing tools in your arsenal. Of those tools, video is among the most powerful.

At my web marketing company, we’ve found that videos (when done correctly) can help increase conversions and make users more comfortable with making that first phone call. In fact, when creating new landing pages, it is now a standard for our designers to include a place for a related video. We tell our clients, “If you have the budget, shoot some video for your website.”

Videos are an easy and effective way to help increase your web presence. In this age of online everything and interconnectedness, we sometimes lose the face-to-face familiarity that used to be a hallmark of business interactions. With videos, you can give your clients a window into your world, which is almost as effective as meeting with them in person. They’ll get to hear your voice and see you “in action,” which is more than what they’ll get from a static web page.

Types of Videos You Need

The unique advantage of video lies in its abilities to bridge a gap that often exists between businesses and clients when interacting online. Because most websites consist primarily of images and content, you may miss out on the chance to showcase some of your individual personality and style. But with videos, you can highlight all of this without sacrificing your professional website. Another bonus is that many users prefer to consume video content than read through dense website text.

Ultimately, videos allow you to showcase your business in a variety of ways, all of which point back to the larger goal: encouraging potential clients to contact you. If you’re interested in making videos a larger part of your web presence, below are four types of videos you could focus on — the same formats that we recommend to our clients:

  1. The Q&A

The question-and-answer (Q&A) video gives you great bang for your buck. While many websites feature a frequently asked questions page, you can use a video Q&A to answer common questions in greater detail and with more finesse than through a static web page. When potential clients are looking for your services, this may be one of the first ways they gain insight into the culture of your business. If you think of the Q&A as a conversation, it’s an easy and accessible way to showcase what you know. 

Q&A videos are also fairly simple to record, enabling you to get through 10-15 questions at once. This strategy has limited impact on your workflow and can set you up with enough video content for the year.

  1. The Trailer

This kind of video is a great way to introduce your business to potential clients. In a trailer, you could include shots of the physical locations (offices, conference rooms, etc.) as well as images of your employees. You may want to highlight a founder or other executive so that viewers get a sense for who they could be working with, should they decide to contact you.

  1. The Interview

An interview is another perfect opportunity to show your personality while also demonstrating your know-how. Interview videos are great for highlighting one person while they discuss their area of expertise. You can create multiple interview videos that cover multiple topics of interest so clients can better understand your specialties.

  1. The Event

Have an important office event on the horizon? There’s a good chance the event would highlight your firm in a positive way. As such, it may be worthwhile to document the event and create a video afterward. Clients will get to see you from a different angle (both literally and figuratively) which can bode well both for your brand and your conversion rates.

Promote Your Videos

Once you’ve created your videos, what’s next? Promoting them on social media. Show your followers that you know what you’re talking about and aren’t afraid to share it.  Whenever you’re low on posts, you can simply repost one of these videos and keep your name on the forefront of everyone’s mind.

Using video to present your value propositions in a straightforward and interactive way will keep clients (and potential clients) engaged, while also positioning you as a cutting-edge brand and differentiating your offerings from the competition.

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Cold Calling Techniques That Really Work https://businesscollective.com/cold-calling-techniques-that-really-work/ Mon, 14 May 2018 15:00:01 +0000 https://businesscollective.com?p=53791&preview=true&preview_id=53791 My father was a great businessman, entrepreneur, successful CEO and avid reader. I’ve been fortunate enough to inherit his books, and I came across this older one recently: Cold Calling Techniques (That Really Work!)

Have you ever cold called or do you now? Cold calling can be exhausting and frustrating.

“I wanted to introduce you to my product and see if you had some time to sit down for 15-20 minutes to go through some information.”

Ninety-nine percent of the time, the prospect is thinking, “Wow, what a waste of time that would be. Their response: “I think I’m all set for now, thank you for the call though.”

Yikes!

Finding the Light

When I started my career, I utilized only outbound sales methods:

  • Cold calling or emailing lists from paid lead services
  • Cold emailing
  • Trade show appearances
  • Walking into someone’s office and knocking on their door to introduce myself

I realized there had to be an easier way to reach my audience. My goal was to “get in front” of the people who needed a product that would solve their problem. Once people knew we existed, they’d find value in the product. I just needed help getting the sales process started! That’s when I started supplementing my sales efforts through inbound marketing.

Following Up With Inbound Marketing Leads

In 2011, I convinced my boss at the time to switch to HubSpot (disclosure: our company is a certified partner), adopt an inbound marketing methodology and transform how we relate to prospects and clients. That shift was monumental for the business and for myself as a sales representative. The difference between calling inbound lead versus cold calling an outbound lead was night and day.

Using our marketing software tools, I could see the person I was calling had viewed 17 pages on our site and was interested in specific topics. Conversations were easy. Prospects were interested in learning more. The shift in our marketing and selling strategy was so gratifying, I wanted to help other clients do the same thing.

This is how our growth agency was born and our mission was set: to help other companies increase their website visitors and sales-ready leads.

From Inbound Marketing to Inbound Sales

Inbound sales mean aligning your sales efforts with the way prospects want to buy. People don’t like being sold to. Prospects want to be shown how a product or service will accomplish their goal(s) or solve their pain point(s).  

Pipeline Generation and Inbound Sales Tips

In my journey to become an inbound sales expert, I participated in the Hubspot Pipeline Generation Bootcamp program with Dan TyreBelow are my top 10 inbound sales takeaways from the program:

  1. Warm calling is crucial. Switching to inbound does not mean you can retire your phone. After you start generating website leads, you need to call each one (multiple times, intermixed with short, helpful emails). You may have to reach out 7-8 times before connecting with the prospect.
  2. Do your pre-call research. Many sales representatives haven’t considered insight for the prospect that will actually help. Review the company website and comb through their social media platforms. Find the prospect on LinkedIn to locate some points to help you build rapport.
  3. Don’t rush the sales process. The goal of this “connect call” is to establish rapport and see if it makes sense to schedule a follow up exploratory call where you’ll discover their goals, challenges and timelines.
  4. Use pauses to your advantage. Let the inbound lead/prospect do the talking. Once you say your name and what company you’re from, shut your mouth and get comfortable with pauses. It’s easy to visualize but difficult to execute. Pausing is your new secret sauce. Embrace the awkward pause — it puts the prospect in the driver’s seat, which is where they should be.
  5. Practice before picking up the phone. Find a buddy to hold you accountable. Bonus: If you’re like me, you’re competitive and can be motivated by hearing what others are accomplishing.
  6. Embrace the art of the voicemail. Most people are terrible at leaving voicemails. Learn how to leave quality messages. This article is packed with helpful suggestions, especially No. 3.
  7. Use video voicemails for an effective, less mundane approach. Try the free Soapbox tool by Wistia (disclosure: our company is a certified partner). You can easily produce personalized video voicemails to include in your email.
  8. Listen. The best salespeople aren’t loudmouths that can work a room. The best salespeople are good active listeners.
  9. Between calls, send emails. Your emails should offer relevant, personalized information. The following guides are packed with helpful information you can use in your sales outreach.
  10. Vision boards are underrated. Why are you doing what you do every day? What’s your personal motivation? A vision board can be a collection of family photos, things you love and hobbies with bullet points of what inspires you. Keep this on your desk in plain view.

Inbound Sales Representatives Sleep Better at Night

When someone says they’re “in sales,” we immediately start thinking of ways to get these people to stop calling or emailing us nonstop. This is all thanks to traditional outbound sales representatives who call and email us nonstop while bringing no value to the table.

Flipping this mindset on its head, inbound sales can be thought of as a way of aligning our sales outreach to how the prospect prefers to buy something. This is a more powerful, sustainable position. Hopefully you found these takeaways to be helpful with your own sales outreach efforts. Start practicing these tips and let me know how it goes!

 

A version of this post originally appeared here

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8 Ways to Incorporate Short Videos in Your Marketing Strategy https://businesscollective.com/8-ways-to-incorporate-short-videos-in-your-marketing-strategy/ Fri, 11 May 2018 15:00:50 +0000 https://businesscollective.com?p=53725&preview=true&preview_id=53725 Question: What's one powerful way to use short videos in your content marketing strategy?

Show the Human Side of Your Brand

"Use videos to show your brand is backed by real humans. So many times people hide behind stock photography. People do business with people. Being open shows you are real and vulnerable. Buyers like that transparency."


Add Customer Testimonials

"I think customer testimonials are a powerful way to use short videos. We have a number on our website and add them to the bottom of our emails. We recently recorded a testimonial where a client improved their ACT to a perfect score after using our service."


Record Quick Vines

"We create a lot of Vines (quick six-second videos) to express how we're feeling and explain something really well. These little videos get embedded into our content to give an even more powerful version of what we're trying to convey. It's also fun thinking up things and keeps us active in areas where we normally wouldn't be active."


Use Your FAQs

"Regardless of the category of FAQs (sales, marketing, customer service, customer onboarding, etc.), you're being presented with content that's perfect for video. Take your top 7-10 FAQs in each department and create a short video answering the question. This will not only provide you with a deep library of very search-friendly content, but it will also reduce time spent on answering questions."


Use Games to Engage Your Audience

"Use video to engage your audience. Create interactive content such as a "game/promotion" video. By giving your audience snippets of videos in a contest format, you promote users to participate and socialize, allowing you to generate traffic and create virality within your community. It gives your audience the opportunity to participate in your brand while becoming an ambassador for your business."


Show Them How Your Product Works

"It amazes me how many businesses miss this. They could have an amazing product, but instead of showing how it actually works, they just list all the features it has, how it's priced and a few testimonials. Don't tell me -- show me. Short video showing an actual usage of the product will do wonders in terms of how fast the viewer "gets it" in regards to what your product can do for them."


Outsource Animations

"There are great sites that connect you with quality outsourcers who can create a 60-second professional looking and sounding animation for only a few hundred dollars. Shooting "real" footage and using lifelike images is very hard to produce and get to look professional without spending mega dollars. Find someone with a decent portfolio and let them work their magic."


Let Your Personality Shine

"Short, consistent videos that show your personality and purpose with viewers are a powerful way to drive a content marketing strategy. Bring a face to your company or your mission. Let people in on how you think about the problem you're trying to solve. Keep the flow consistent, giving viewers a reason to follow or subscribe to your feed."


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7 Challenges With Native Advertising Strategies https://businesscollective.com/7-challenges-with-native-advertising-strategies/ Fri, 11 May 2018 12:00:51 +0000 https://businesscollective.com?p=53721&preview=true&preview_id=53721 Question: Name one challenge with native advertising and how to overcome it.

Medium Fit

"The biggest mistake I see with native advertising is actually the most common online marketing mistake I see in general: Brands decide their message based on how they see their product and where they want to publish. That's perfectly backwards. Content needs to be carefully customized to fit a specific, narrow audience and medium or it's going to be unwelcome, causing the campaign to fail."


Moving Beyond Selling

"Native advertising has three goals: Establish the business or individual as the authority, expert or celebrity; identify the target market and problem to help self-select the audience; build social proof. It is not to sell. This should only be the first step in a layered campaign. To run one effectively, the follow-up ads and campaigns should be thought through and set up ahead of time."


Providing Authenticity

"Native advertising fails when it doesn't match the tone and environment of where it's being placed. I think it's very important that you bring the owners into the discussion when creating native advertising for their sites. They know what their users expect, and they know when your attempt to advertise might come across as tone deaf. If they're willing to help, you should take their advice."


Maximizing Page Views

"Maximizing page views on native sponsored posts is a challenge that many publishers experience when working with advertisers. Leveraging content discovery platforms like Outbrain or Taboola in marketing strategies is an effective way to amplify content, increase engagement, and drive more visitors to an advertiser’s site."


Option Overload

"The primary challenge with native advertising is having too many channels and different types of ads. This makes it really hard to scale. The only way to curtail the overwhelm is to determine your focus. If you're advertising off-site, carefully select the businesses you want to partner up with. If you're accepting native advertising, choose the formats you accept, and make sure advertisers know."


Wide Range of Formatting Styles

"Each social platform has specific formatting challenges that your native ads must comply with, and this makes for a lot of work when trying to accommodate each individual formatting request. Try to automate or systematize how you compile native ads as much as possible. This will give you an edge when creating several like native ads across different platforms."


Becoming Too Generic

"Problems can arise with native advertising if your content doesn't clearly point to your brand because you are trying to blend into the publication and avoid sales pitches. Remember, you're not in business to promote your industry, you're in business to promote your brand. Adding a defined call to action will ensure readers only find and connect with your company and not with a competitor."


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10 Creative Ways to Use Facebook for Customer Acquisition https://businesscollective.com/10-creative-ways-to-use-facebook-for-customer-acquisition/ Tue, 08 May 2018 15:00:00 +0000 https://businesscollective.com?p=53714&preview=true&preview_id=53714 Question: What is one creative way to use Facebook for customer acquisition?

Post Creative Content

"Facebook is a platform where your clients want to engage with you. The biggest no-brainer is offering creative content that your followers can share. For example, we make sure to post inspirational quotes and fun content mixed with industry related news. It’s simple: your followers will want to engage with you on things that interest them the most. "


Support Email Campaigns With Facebook Custom Audiences

"Offer a special discount or offer to your email list. Create a custom audience on Facebook that contains your email list members, and then run Facebook ads that align with the messages of your email offers. Reinforce the value of the offer by being in multiple places for your targeted list."


Watch Groups for Leads

"Facebook groups exist for just about everything, including finding better services around local areas. I like to monitor Facebook groups that are active in my area for the kind of information that can mean leads. Our construction company, for example, can really take advantage of a home improvement group attracting people who want to remodel."


Host a Competition

"Host a competition where your participants post photos of themselves with your product or utilizing your service. Not only will potential new customers learn more about your product, you'll show them that you genuinely care about your current clients and are willing to feature them — something all social enthusiasts enjoy."


Use the Review Feature on Facebook Pages

"You can get your customers to write reviews on your Facebook page. These reviews work and potential customers want to read about your business before they try it out, especially from their peers or others they trust. Leverage these reviews by making positive ones into status updates and thanking the reviewer personally."


Offer Free Things

"I've run campaigns in previous businesses, giving away small prizes to people who engaged with our products in a quick and easy challenge. Create an easy contest that anyone can do and offer prizes like gift cards. Watch in shock at what it can do if you have a big enough network on your Facebook page. We saw traffic to our websites grow up to 10 times in a month from this strategy."


Utilize Audience Insights

"Facebook Audience Insights can be used to segment out a hyper-targeted audience and then served ads for customer acquisition. You can utilize the tool's Affinity and Relevance scores to hone in on a sample set of Facebook users that are more likely to be acquired as customers based on user interest data. Your ads will have a lower cost per click (CPC) and a higher engagement rate."


Use Lead Ads

"Last fall Facebook released lead ads, which allow mobile users to request more information from advertisers without taking the user off Facebook. It's a seamless and intuitive method of capturing leads, and one that caters to an increasingly mobile user base. Marketers may also test their ad in a variety of formats (video, carousel, etc.) to see which is most effective for their audience."


Retarget

"Facebook is a retargeting gold mine. Add a retargeting pixel on your site and then boost your Facebook posts to folks who have visited your site in the last 90 days. We increased our engagement by over 332 percent by leveraging small boosts to our retargeted audience."


Honor a Different Customer Each Week

"Customers like to be acknowledged, and you can showcase a different customer each week on Facebook. Think about what motivates your customers most. Is it how your product makes them look or feel? Use that knowledge to devise a program that promotes your best customers in ways that will motivate others to give you a try."


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The Power of Personal Branding: 5 Ways to Develop Your Online Persona https://businesscollective.com/the-power-of-personal-branding-5-ways-to-develop-your-online-persona/ Tue, 08 May 2018 12:00:29 +0000 https://businesscollective.com?p=53711&preview=true&preview_id=53711 There was a time when a company’s brand meant everything, and founders/employees were simply a byproduct of that brand. But with the explosion of social media over the past decade, real-time networking has brought personal brands to the forefront. 

To achieve ultimate success, personal brand building should be a daily exercise for not only founders and CEOs, but everyone else on the team. My experience in the NBA taught me the power of personal brand growth, and this carried over to my the company I founded.

Following are five tips to help build your personal brand. Make it a point to not only build your personal brand but to influence others within your business to build theirs.

Identify and Highlight What Makes You Unique

All entrepreneurs have something that makes them truly unique, whether it’s a story of hardship in upbringing or the ability to remain positive in any situation. Think about what makes you unique, and identify the top factors. Highlight them every chance you get to make your personal brand stand out.

My time in the NBA has helped build my brand, though I don’t outright discuss teams and seasons. Rather, I compare the dedication it takes to make it in the NBA with the dedication needed for success in business. I actually think it takes more dedication to be successful in business than it does in the NBA.

Educate Others

Think of thought leaders like Tony Robbins in personal development and Jim Cramer in investing: Their personal brands are giant within their respective industries. Much of their success can be attributed to how well they educate others. Both have written books and educate through their social media presence, helping them build personal connections.

Educating others builds an emotional connection that helps strengthen your authority in your space, which naturally builds your brand. You don’t have to write a bestseller, either: Speaking at conferences and writing for third-party publications has worked well for me.

Model Others With Powerful Personal Brands

This will help you save time in your brand-building exercises. Find out what has worked for these influencers, and implement those strategies into your own process.

I’ve learned from giants like Richard Branson, who made one of the boldest moves in business by buying an airline under the Virgin brand, rooted in music. During this deal, there was much adversity, but Branson pushed forward and Virgin Atlantic became a huge success. Part of the success came from his ability to rally his employees through his energetic ways. At my company, I always try to keep the energy high to get my team rallying behind me. It creates enthusiasm and an anchored devotion to the brand.

Create Your Career Narrative

Everyone likes a good story, so tell yours. Entrepreneurs across every industry have a story to tell, and the more personal, the more others will feel connected. Exploit your career’s narrative whenever possible, whether networking at a conference or on the “about” section of your business’s website.

I can attribute my personal story directly to my success. I grew up in Nigeria and worked hard in many different ways. I was abe to develop the skills needed for my future business endeavors and help others connect more closely to our brand.

Make the Most of Social Media 

Social media is the lifeline of any personal brand, so use it to your advantage. Connect with others on LinkedIn, Facebook and Twitter, and always strive to offer content that educates, adds value and entertains. Offer leadership tips and share unique stories from within your business. Inspirational quotes from other thought leaders work well in this scenario.

Remember to keep your social media presence clean as well. Social media is the ultimate extension of modern-day attitudes. Make sure yours is a positive one.

Personal brand building doesn’t happen overnight. It can take years, but it’s well worth the efforts for you and your business. The more personal brand exposure you get, the more brand exposure your business will get. 

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Encouraging Your Customers to Be Your Brand Advocates https://businesscollective.com/encouraging-your-customers-to-be-your-brand-advocates/ Mon, 07 May 2018 15:00:13 +0000 https://businesscollective.com?p=53707&preview=true&preview_id=53707

Not long ago, I had a huge a-ha moment: one of those realizations that you know will impact your business for years to come.

One morning, the host of a business-focused talk radio show reached out to me and asked me for an interview. He’d received a newsletter I’d written, and it had sparked his interest. This wasn’t your typical sales newsletter: It was unconventional. Frankly, it was brutally honest. I’d written it because I was tired of boring newsletters; the ones that people delete before they even make it to the second sentence. I hopped on a call and did the interview. It was broadcast on the radio program and disseminated across its social media platforms.

I received an email from the host with links to all of their various social media posts and was also tagged in the posts themselves. I shared the interview with our clients and uploaded it to our website. It was something I was proud of: I wanted everyone we worked with to know about it. I even shared it with a group of 300 CEOs. And that’s when I realized something: This guy must have picked up a ton of listeners from my sharing.

I realized that if I could do the same thing for my brand, I could have the same sort of organic reach. And the people sharing my brand with their circles would be proud to spread the word about me. Of course, I don’t have a radio show, so it wasn’t as easy as asking someone for an interview and then sending them the content to share. But I do have an audience and a significant reach, so, I started there.

I began to brainstorm. I decided on a strategy that felt appropriate for our business and for our brand. I identified the top 30 problems that our target customers face. This didn’t take long, as we have an in-depth understanding of our customer personas (and if you don’t, you should). I turned those problems into questions and then asked our clients to answer these questions and share their knowledge.

Specifically, I chose a few clients and asked them all a subset of these questions. I hopped on the phone with them for a quick (seven minutes, tops) interview and told them their answers may be used in a blog or whitepaper. Once the interview was over, our team transcribed it and turn it into a blog post, subsequent social media posts, a SlideShare, a YouTube video and an infographic.

Alongside all of this content, we made sure to include the client’s name, photo and title, and credited them with helping us develop this expert content. Once our social share calendar was ready to go, we emailed this content to our clients and encouraged them to share it in their networks. We’ve found that 75% of our clients retweeted and shared this content with practically all of their colleagues. Why? Because we elevated them to the status of industry expert. We made them feel special — the same way I’d felt when I was asked to do a radio interview. I’d turned my customers into salespeople for my brand.

Suddenly, our clients were blasting their social media networks with our brand name. And when you see these posts, you can tell that they genuinely want to convey how proud they were to be associated with us to their networks. The upshot? Great content, genuine insight and massive brand exposure for us. Meanwhile, the client feels heard, appreciated and proud.

To summarize, here are the steps you can take to encourage your customers to do your brand marketing for you:

  1. Write out the top 30 problems that your customer base experiences. Use your existing target persona data.
  2. Turn these problems into questions. For example, if the problem is “return on investment for X,” the question could be, “We know that people in your industry struggle with return on investment for X. What strategies do you use to tackle this problem?”
  3. Choose a few related problems (and their question counterparts), and select three of your top clients. Ask them the questions about these problems.
  4. Use their answers to create well-written, informative content to share with your other customers.
  5. Use quotes from your clients (coupled with the content you’ve created) to put together social media headlines and blurbs.
  6. Set up a calendar, blast the content on social media and encourage your clients to do the same. Be sure to send them links and tag them in posts to make it easy for them.

Paid advertising has its place, and growing your reach that way is important too. But when you can get your own customers to become your best salespeople — that’s when you know you’re on the right track.

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