Posts Tagged ‘online marketers’

Has Social Media Facebook Beaten Online Marketing?

Monday, February 8th, 2010

There’s been a lot of hype lately surrounding Social Media Networks, such as Facebook and LinkedIn, that these 3.0 portals should be the primary channels for online marketers that are budget challenged. Marketers are having a tough decision choosing, which marketing channels should they start with, when their resources and budgets are limited, but stick with the following ‘rule of thumb’, know who and where your online target audience is.

Is your target audience actively engaging on social media networks, such as Facebook and/or LinkedIn? If yes, then you have made a case to try some moderate testing on the Social Networks, but if no, don’t get caught in the hype! Traditional online marketing is still alive and kicking, as shown today in ComScore’s latest reports that Yahoo and Google still have more traffic than Facebook.

If you know where your target audience is, then that should dictate how to focus your energies for marketing channels.

Is there a difference between B2B and B2C Online Marketing?

Tuesday, December 2nd, 2008

Is there a difference between Business-to-Business (B2B) and Business-to-Consumer (B2C) online marketing?  Absolutely.  Don’t let an inexperienced marketer tell you otherwise.  B2B marketing tends to focus on providing targeted content, such as white papers, case studies and webinars to their target market, in exchange for the target markets’ contact information.  Also, B2B marketers tend to focus more on customer acquisition, rather than customer retention, since attrition is much lower in the business market than in the consumer market. Online marketing channels tend to concentrate on SEM, SEO and related business information websites.

B2C marketing tends to focus equally on customer acquisition and retention marketing programs.  Consumers are more price & service sensitive than businesses. Consumers visit more alternative online services, if they believe there is a better value for them testing out varied sites.  Many good B2C online marketers will focus on creating customer retention programs that keep consumers coming back to their sites to extend their Life Time Value (LTV) of their online members…i.e. if the average of an online user is 2 months at a casual gaming site, then the marketer seeks to extend the LTV to 3-4 months.  By extending the LTV of an online member, potentially increases online usage at the site and will increase overall ROI for revenues.

Online marketing channels for B2C online services tend to concentrate on SEM, SEO, direct marketing, email campaigns, blogs, viral and affiliate marketing.

Build Your Own Email List, Don’t Buy

Monday, June 9th, 2008

Email marketing is considered the #1 way to market on the Internet, but what does that mean to you, if you don’t have a database of users yet? How do you build an email list to market your services?  Should you buy a list from one of those online services?  Don’t even think about it.  I know it’s tempting to buy a list and it is the easy way out, especially, if you are just launching a site and don’t have any customers, but don’t build your email list this way.  This is a common mistake of Entrepreneurs and less experienced Online Marketers to buy lists and to send bulk email to the list, hoping that users will click on your email or newsletter.  This is definitely the way to get ‘black-listed’ on the top mail servers. Think about how much you hate getting email from companies or people that you don’t know.  So, how do you build your email list?

The best way to build your email list is to run targeted marketing promotions that require people to offer their emails to you. Also, try running online Search marketing, Cost per Lead, Cost Per Acquisition campaigns or try offline Event Marketing programs.  It will take time to build the list, but once you do, you will have a database of users that want to hear from you and will be more receptive to your marketing offers.

The last thing you ever want to do is to market to people who never requested your information, so don’t do it. Take the time, build your list and you will have an effective email marketing campaign.