Archive for May, 2011

May 31st, 2011

60 Second Review of the Latest App to Improve Your Twitter Life: Buffer

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Buffer, created by Leo Widrich, is a new application designed to help avid Tweeters compile their information and tweet more efficiently.

Buffer allows you to publish tweets without flooding your followers.  It’s simple. Fill Buffer with all your tweets, links and information and Buffer will automatically send your tweets one at a time throughout the day in a spread out time frame.

Just click the Buffer icon when reading a post and automatically post it to your followers.

It’s a great way to keep track of all the things you want to say, while making sure you don’t flood your followers with an overload of information.

Here are some popular features us tweeters love:

Browser Extension: Click on the Buffer icon in any one of your Browsers (Chrome, Firefox, Safari) while reading an article and the link will be automatically added to the queue in your Buffer.

Analytics Feature: Every tweet sent through Buffer allows you to track clicks, re-tweets and the reach your tweets get with your followers. It’s a great way to keep track of who your devoted followers are and what information they love to read.

Retweet Capabilities: Any time you see a tweet on Twitter.com you wish to re-tweet, simply add it to Buffer and it will send it out for you in a timely fashion. No more holding yourself back from re-tweeting. Now  you can do it as much as you want while never overloading you followers with your twitter-happy hands.

The bottom line is that Buffer  allows tweeters to be more efficient and create a more genuine appearance on Twitter. Download this app and you will be able to provide your followers with great information that’s easy for them to keep track of.

Posted by Rebecca Wilson, Marketing Analyst for the 60 Second Marketer.

May 25th, 2011

How to Avoid Death By Powerpoint

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Unless you’re a pre-school teacher, your goal when you walk into a room with your clients is typically NOT to put them to sleep. But we’ve all sat through at least one dreadfully boring PowerPoint presentation and felt the urge to do just that.

So where did those presenters go wrong and what can you do to avoid those mistakes? While there are plenty of tips, and even whole philosophies, on how to create PowerPoint presentations, following these five main tips will get you on your way to an engaging presentation.

How to Avoid Death By Powerpoint

See what happens when you don't interpret your graphs?

  1. Keep the number of words per slide to a minimum. Only write main talking points on your slide and then fill in the holes as you speak. This will prevent people from skimming your slides and zoning out while you talk. If you feel the audience needs a spelled-out take away, you can always provide extra handouts at the end.
  2. Don’t be afraid to use a lot of slides: Each slide should be its own thought, so hopefully you have quite a few slides! If you’re making an argument with multiple supporting points, split each supporting thought into its own slide. This will increase the impact of the point you are making as well as make the Powerpoint presentation move faster. There’s nothing worse than staring at the same slide for 10 minutes as you wait for the presenter to move on.
  3. Make it pretty: Use colors and images to brighten up your PowerPoint. Just make sure your color scheme is readable and that you keep to only 2-3 fonts in the same family throughout your presentation to keep a cohesive theme. As for images, you can use pictures from free sites like Flickr or use your own to give a personal touch, just be sure to provide sources when necessary.
  4. Interpret your graphs. Do not just put a graph up and assume people will be able to find the number you’re talking about or understand what it means. Whenever you use a graph make sure you use different colors to highlight the important numbers on the screen so they can be easily identified and have a solid takeaway from each one.
  5. Use video: Videos break up the presentation, but be careful that you’re not letting them do the work for you. Keep them to around 30 seconds and make sure they are not a pivotal part of making your case in the event that something malfunctions. Also, for the sake of yourself and everyone present, pre-load your videos when you arrive at the venue and skip the awkward silence while you wait for it to buffer.

There are many resources for creating PowerPoint presentations, but if you’re ever in a pinch, look back to these top five most important rules of PowerPoint.

If you liked this blog post, you might also be interested in How to Give a Speech by Jamie Turner.

Posted by Nicole Hall, Account Manager with Mobilize Worldwide. Mobilize Worldwide develops mobile apps, mobile ad campaigns, mobile websites and just about anything else related to mobile marketing for brands interested in growing their sales and revenue using this new and emerging medium.

May 24th, 2011

How to Reach Your Customers Using Android, Apple, Blackberry and Windows.

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Let’s be honest, as awesome as we’ve been told it can be, mobile marketing can be extremely frustrating. We hear all the time about awesome technologies and cool mobile campaigns going on in other countries like Japan, but have yet to really see widespread use of mobile in the States. So what’s the deal?

Balancing Reach and Budget in Mobile Marketing

With so many different phones, carriers, and operating systems, trying to reach all of your customers can be a nightmare.

As anyone who has tried to launch a mobile campaign can tell you, one of the biggest problems with mobile in the US is the segmentation of mobile devices and carriers.

The huge variation in the capabilities of phones and operating systems makes optimizing your mobile campaigns for a large number of people both expensive and time consuming. So that leaves those of us with lower marketing budgets with the difficult question of which mobile devices and operating systems we should optimize for.

The first thing to take into consideration when deciding how to optimize your campaign is the breakdown of feature phones to smartphones. Currently, Nielsen estimates that by the end of 2011, more than 50% of the market will be smartphone users. Meaning, that even though smartphones appear to be everywhere, 50% of the market will still not be able to access your content if you go with mobile tactics like QR codes, mobile apps, or sites. To access these people, you will need to stick with SMS campaigns, or new JagTag campaigns, which function essentially like SMS campaigns but allow for multimedia messages instead of just texts.

However, if you do decide to reach only the smartphone market, you will still encounter the issue of what operating systems and phones you should optimize for. Sites and mobile apps need to be optimized for specific screen sizes and operating systems, and each optimization takes additional time (and money) in development and testing. So if you have to prioritize, where do you start?

The simple answer is to start with the big four operating systems: Android, iOS, RIM and Windows7. But even within these categories, there are large breakdowns in share and OS versions.

Though the stats are changing every day, the current breakdown between BlackBerry, Android and iPhone users is a pretty tight race. However, as new Android phones keep rolling out, they are grabbing a 50% share of all new smartphone purchases, making it an undeniable force in the mobile space, and necessary to optimize for. The good news here is that all versions of the Android OS are highly capable and have enough market share to warrant optimization and testing.

The next most popular OS is iPhone’s iOS, with 25% of new smartphone purchases. The iOS is also fairly flexible and holds enough share to warrant testing and optimization, though versions earlier than 2.0 are no longer very visible in the market.

So the real issue comes in with the remaining big hitters in the smartphone space: BlackBerry and Windows Phone. BlackBerry has been on the market for years, and as such has a lot of different versions and phones that are available to be optimized for. However, they are only currently grabbing 15% of new smartphone sales, so optimizing for versions 6 and 7 of the operating system, should be satisfactory.

Finally, the Windows Phone, with 7% share of new phones has stumbled in the past and only recently re-entered the scene. As such, their most recent OS, version 7, is really the only heavy hitter in the game and the only one that needs to be considered if you’re working on a budget.

The potential of mobile is undeniable, but brings with it many unique challenges that haven’t been faced by marketers in the past. For big brands, it may be possible to address all levels of phones, operating systems and versions, but many of us need to make sacrifices during our first entrance into the mobile market. As such, these simple guidelines may help you navigate the tricky world of reach versus budget.

Posted by Nicole Hall, Account Manager with Mobilize Worldwide. Mobilize Worldwide develops mobile apps, mobile ad campaigns, mobile websites and just about anything else related to mobile marketing for brands interested in growing their sales and revenue using this new and emerging medium.

May 22nd, 2011

Social Mobile Workshop — Live in London

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I’ve been very, very fortunate to have created a global network of people who are interested in all the good things we have to say on the 60 Second Marketer. It was just a few short years ago that I launched this thing on a whim and a prayer. The response has been humbling.

The Social Mobile Workshop will be taking place this Thursday in London

If you like what you’ve seen on our website, our YouTube channel and our monthly webinars, you might also be interested in seeing me live at the Social Mobile Workshop in London this Thursday.

I’ll be joined by my good friend Robert Clay who is the founder of Marketing Wizdom. We’ll be covering all the newest social and mobile media tools and techniques.

Here are some details about the event. (Alternatively, you could click here and go directly to the registration page.)

One thing to note — we’ve had to expand the seating arrangement twice already due to high demand. We won’t be able to do that anymore, so there are only a handful of tickets remaining. If you want to see us live this Thursday, then I’d suggest you order your tickets today.

Key Learnings:

  • How the Fortune 500 use social media to grow their sales and revenues
  • The three stages of the Social Media ROI Cycle
  • How to be everywhere in social media without spending your life on Twitter, LinkedIn and Facebook
  • How companies are using new, rich media tools like Zmags to grow their sales and revenue
  • Tools you can use to track, measure and monitor your social media success
  • Case studies from companies currently using some of these new and innovative tools

If you like what you read today, you can have these blog posts delivered to your in box each morning by clicking here. Or, you can sign up for our free weekly e-newsletter by clicking here.

Posted by Jamie Turner, Chief Content Officer of the 60 Second Marketer, the online magazine of BKV Digital and Direct Response. Jamie is also the co-author of How to Make Money with Social Media.

May 18th, 2011

New Research on the Effectiveness of “Follow Me,” “Like Me” and “Friend Me.”

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Are Social Asks such as “Follow me,” “Like me” and “Friend me” overused?

Sarah Evans, the Founder of Sevans Strategy, partnered with Alterian, the marketing technology and solutions provider, to find the answer to that question.

In March of 2011, Sarah led research to track down the metrics behind all of the requests we receive from social media platforms. “Will you be my Facebook friend?” “Would you like to check-in?” and “Follow me on Twitter?” are just some of the actions we are asked to do on a daily basis in our online social lives.

According to the study, more than 3.4 million “social ask” mentions were recorded in a one-month period on social media channels. That’s a monster number.  So, let’s break it down.

For starters, 91.9% of social asks were on Twitter, 2.2% on Facebook and only .03% on Foursquare.

So what’s up with Twitter’s “Follow me” being the most popular request? According to Mashable, the online social media guide, the popularity in “social asks” via Twitter over Facebook could be due to the fact that Facebook is a more personal medium and private Facebook pages were left out of their study. That skews the research a bit, but it certainly puts to rest any thoughts that Twitter is a second-class citizen in the social wars.

Additionally, the study shows that on Twitter, slightly more women initiate the social ask than men. However, more men than women make the social ask on Facebook, Flickr and YouTube.

So, let’s go 1:1. The “ask” is what initiates the online relationship. It starts the process. It’s a courtship. It is not a one-night stand. The goal in social media is to move beyond the initial stage of a passive friend who simply is a “fan” or “likes” your Facebook page and into an active participant engaged in an ongoing conversation.

Key Take-Aways:
Expand your relationship beyond the initial “ask.” Think about it. After asking someone  out on a date, would you follow up for a second night out if the first one was a success? Yes. In fact, you might even leave a message on their VM before they got home.

Same thing in the social sphere … it’s  about the chase and building long-term relationships. So, are you a Follow-Me Flirter or a Follow-Me Forever kind of marketer? If you want one-night stands, build your treasury of Likes  and Follows but be prepared for them to leave. If you want an enduring relationships, here are five tips to go beyond the first date:

1. Skin In The Game: if your audience is valuable, reward them with service and incentives to  encourage participation with your brand
2. Put a Matchmaker in Charge: companies are dedicating resources to these efforts … put  your best customer service expert in charge of connecting with your customers
3. Get Personal: No more “Hey You” marketing.  Using the same one-liners for everyone is lame  and is a consumer connection turn-off. You know what I mean.
4. Reinforce Value: Content rules here … video, information, connections, polls,  insider information … all should flow into your marketing calendar.
5. Get Feedback: Consider this your online therapist. Want to know how you are doing?  Ask, and you will get real-time information.

So, enough of the relationship metaphor. We get it. We have to “do stuff.” But aren’t some people more “special” than others? A quality vs. quantity issue?

According to Mashable, it’s not about how many followers or fans you have, it’s who they are that really matters. Meteor Solutions collected data from over 20 brand marketer clients and found that 1% of a site’s audience accounts for 20% of all it’s traffic. This means your top 1% of fans, friends and followers influence the other 20% that go to your site. Through social media analytic tools such as Raidan6 and ObjectiveMarketer you can find out who’s in your top 1% and how they influence others.

If you like what you read today, you can have these blog posts delivered to your in box each morning by clicking here. Or, you can sign up for our free weekly e-newsletter by clicking here.

Posted by Rebecca Wilson, Marketing Analyst at the 60 Second Marketer.

May 18th, 2011

QR Codes vs. Microsoft Tag Codes: Which Is Better?

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First, a few definitions.

Want to try out a 2D Code? Grab your smart phone, open up your web browser, go to BeeTagg.com and download a 2D Code Reader. Then scan this code. Guess where it'll take you?

QR Codes and Microsoft Tag Codes are both part of the 2D Code Universe. You know 2D codes — they’re the square bar code-looking things that are cropping up on ads everywhere. (To try one out, just grab your smart phone, open your web browser, go to BeeTagg.com and download a 2D Code Reader for your phone. Then, scan the code to the right and see where it takes you.)

Anyway, where were we? Ahhh, yes, QR Codes and Microsoft Tags. They both use similar technology but one is open source technology and the other is owned by Microsoft.

A few days ago, a member of the 60 Second Marketer community started a discussion on our LinkedIn Group by saying, “I’m curious about everyone’s thoughts on Microsoft Tags vs. QR Codes.” The discussion generated quite a bit of back-and-forth.

Want to join in the fray? Then stop by our LinkedIn group and let us know your thoughts. No registration is required — it’s an open discussion so anyone can join in.

Have at it.

If you like what you read today, you can have these blog posts delivered to your in box each morning by clicking here. Or, you can sign up for our free weekly e-newsletter by clicking here.

Posted by Jamie Turner, Chief Content Officer of the 60 Second Marketer, the online magazine of BKV Digital and Direct Response. Jamie is also the co-author of How to Make Money with Social Media.

May 17th, 2011

16 Mobile Marketing Statistics and Resources You Should Know About

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We’ve heard some pretty great promises about mobile over the past few years; promises that in many cases have yet to be fulfilled. And while I still have faith in the power of mobile as a medium, it’s understandable that some people are becoming wary of the potential of mobile. Because of this, fluffy promises and pretty screenshots may not cut it when you’re trying to pitch a mobile campaign to your CFO. So here is a round-up of some of the strongest stats (and their sources) to support your argument for mobile.

Mobile is EVERYWHERE:

  • There are 271 million mobile subscribers in the US.  Charts Bin
  • 82% of adults have a cell phone.  PEW
  • 31% of mobile subscribers own a smartphone.  Nielsen
  • There are five times as many cellphones in the world as PCs.  Impiger Mobile
  • 25% of Americans use only mobile devices to access the internet, as opposed to desktops.  On Device Research
  • By leveraging MMS and SMS, brands can reach nearly 95 percent of mobile phone subscribers on both smartphones and non-smartphones alike.   Mobile Marketer

Mobile is Immediate and Contextual

  • The average person has their cellphone within reach 14 hours a day.  Impiger Mobile
  • 90% of text messages are read within 3 minutes of being delivered.  Singlepoint
  • 9 out of 10 mobile searches lead to action, over half leading to purchase.  Google
  • 79% of smartphone users use their phone to help with shopping, with 74% ultimately making a purchase as a result.  Google

Mobile Outperforms other Media

Mobile Marketing Statistics You Should Know

  • Mobile coupons receive 10x higher redemption rates than print coupons.  Borrell Associates
  • Mobile ads perform 2 to 3 times better than online ads in key metrics such as brand favorability, awareness, and purchase intent.  InsightExpress
  • 70% of mobile searches lead to action within one hour, as opposed to online searches, 70% of which lead to action within 1 month.  Microsoft
  • The Weather Channel reports some of their advertisers receive 6- 7 times higher click through rates on mobile than on the desktop version.  Ogilvy

Of course the argument for mobile marketing is different for every company, but hopefully these facts will help you support your claims and win over even the biggest stat-cruncher in your company.

Posted by Nicole Hall, Account Manager with Mobilize Worldwide. Mobilize Worldwide develops mobile apps, mobile ad campaigns, mobile websites and just about anything else related to mobile marketing for brands interested in growing their sales and revenue using this new and emerging medium.

May 16th, 2011

Free Webinar This Thursday: The Science of Analytics

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The last time Dan Zarrella did a free webinar for HubSpot, they got more than 20,000 people to sign up. Yes, 20,000 people signed up to hear Dan talk about the web metrics and analytics.

The first webinar was so successful, HubSpot, which is one of our sponsors, decided to have Dan re-visit some of what he’s learned in a webinar called The Science of Analytics.

Dan Zarrella is conducting a free webinar this Thursday called The Science of Analytics. Will you be there?

Dan, as you may know, is the author of The Social Media Marketing Book and The Facebook Marketing Book. He’s also an award-winning social, search, and viral marketing scientist and studies social media behavior from a data-backed position enabling him to teach marketers scientifically-grounded best practices.

The biggest problem most businesses have with social media is that they don’t set up their campaigns to be tracked and measured. The starting point for any business interested in making money with social media is to set a campaign up to be tracked and measured.

That’s where Dan comes in. His Science of Analytics webinar will teach people several things:

  • How to conduct research into what your market wants
  • The most important metrics to track
  • How to track the dollars-and-cents ROI of all of your marketing efforts
  • How to conduct tests to constantly improve your website.

The bottom line: If you’re not tracking the metrics of your social media campaign, then you’re not really doing social media at all — you’re just uploading blogs, sending out Tweets and updating your LinkedIn profile. That’s not social media, that’s just playing around. If you’re really interested in doing social properly, then you’ll learn about the tools and techniques necessary to analyze the success of your program, and that’s where the Science of Analytics will do you well.

Posted by Jamie Turner, Chief Content Officer of the 60 Second Marketer, the online magazine of BKV Digital and Direct Response. Jamie is also the co-author of How to Make Money with Social Media.

May 11th, 2011

What, In Your Opinion, Is the Worst TV Line of All Time?

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What’s the worst TV Ad line of all time?


“It takes a licking and keeps on ticking” from the 1960s is an example of a good TV ad line. What are some examples of bad TV ad lines? Join the discussion on our LinkedIn group.

It’s easy to come up with a few great TV lines — “It Takes a Licking and Keeps on Ticking” for Timex is an example of a very  good, memorable line that drove results.

But what about the bad TV lines?

That’s a question I posed on our LinkedIn group this afternoon. I started the conversation by adding a few of my (least) favorite TV lines:

  • “Don’t hate me because I’m beautiful”
  • “I’m not a Doctor, but I play one on TV”

One member of the 60 Second Marketer community in Minneapolis was quick to add “Help! I’ve fallen and I can’t get up!”

What do you think is the worst TV line of all time? Do tell. Just visit our LinkedIn discussion and let us know your thoughts.

If you like what you read today, you can have these blog posts delivered to your in box each morning by clicking here. Or, you can sign up for our free weekly e-newsletter by clicking here.

Posted by Jamie Turner, Chief Content Officer of the 60 Second Marketer, the online magazine of BKV Digital and Direct Response. Jamie is also the co-author of How to Make Money with Social Media.

May 10th, 2011

5 Ways You Can Use LinkedIn for Business

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If you’re like many people, you’re probably trying to figure out how to use LinkedIn for business.

Here are 5 ways you can use LinkedIn for business immediately. Better still, we’ve included a short, 60-second video with more tips.

Here goes:

  1. LinkedIn Answers: One of the most useful features on LinkedIn is the Answers link. This is where people go to ask industry-related questions to get feedback from others. I know one person in who answered questions about marketing research on a regular basis. The result? $80,000 in new assignments for his company.
    2. LinkedIn Groups: You should definitely join several groups on LinkedIn. Of course, you’ll want to join groups in your immediate industry, but don’t hesitate to stretch out a little bit. If you’re an accountant, don’t just join accounting groups – join groups for entrepreneurs, small business owners, restaurateurs and other groups outside your immediate circle.
    3. LinkedIn People: Have you ever thought “If I could just get my foot in the door of XYZ company, I could probably convince them to buy my product.” Well, guess what? You may not know someone in XYZ company, but you know someone who knows someone in XYZ company. That’s where LinkedIn comes in handy. Just do a search in the upper-right-hand box for your target company. From there, you’ll see people at that company that know someone that you know. All you have to do is reach out to the person you know and ask for an introduction to the person at your target company. Make sense? Just find the company, identify the person you want to talk to, and then see who you know in common and ask them to introduce the two of you to each other. Bingo.
    4. LinkedIn DirectAds: LinkedIn has an advertising program that’s a great way to drive new prospects to your website, LinkedIn group or other destination. The ads work in the same way Google paid search ads work. You simply write a headline, add some copy and create a destination link. Then, you bid on how much you’ll pay LinkedIn every time someone clicks on our ad. If you pay $1 to LinkedIn for a click through, and it takes 50 clicks before someone buys your product, you’ve just spent $50 to sell your product. If you’re product goes for $500 each, investing $50 to generate $500 is not a bad return on investment.
    5. LinkedIn Applications: One of the more interesting places on LinkedIn is the Applications area. This is where you can go to add interesting LinkedIn apps that will enhance and supercharge your LinkedIn experience. Interested in adding your blog posts to your LinkedIn profile? Done. Want to let others know what business books you’re reading? No problem. What if you wanted to do simple polls to find out what’s on the minds of your connections and other people on LinkedIn? That’s a piece of cake. If you use these applications correctly, they can help you connect with prospects. And once you’ve connected with prospects, it won’t be long before they’re customers. And that’s what it’s all about, right?

Those are just some of the ways you can use LinkedIn to drive business. For more ideas on how to use LinkedIn, check out the video from the 60 Second Marketer YouTube channel below.

If you like what you read today, you can have these blog posts delivered to your in box each morning by clicking here. Or, you can sign up for our free weekly e-newsletter by clicking here.

Posted by Jamie Turner, Chief Content Officer of the 60 Second Marketer, the online magazine of BKV Digital and Direct Response. Jamie is also the co-author of How to Make Money with Social Media.

May 9th, 2011

How to Use Facebook and Twitter as Marketing Tools

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Do you want to learn how to use Facebook and Twitter as marketing tools?

According to a recent study by Edison Research, 87% of all Americans have heard of Twitter and 88% of all Americans have heard of Facebook. That’s about the same amount of awareness that Dell or Wikipedia have — in other words, it’s huge.

A while back, we uploaded a video tutorial to the 60 Second Marketer YouTube channel called How to Use Facebook and Twitter as Marketing Tools.

Our goal was to introduce the concept of Twitter and Facebook marketing to our readers around the globe. To my great surprise, the video is as relevant today as it was when we first uploaded it.

Take a spin through the video. It provides a few fundamentals that are common knowledge. But it also provides some good insights into how to put Twitter and Facebook to work for your business.

If you like what you read today, you can have these blog posts delivered to your in box each morning by clicking here. Or, you can sign up for our free weekly e-newsletter by clicking here.

Posted by Jamie Turner, Chief Content Officer of the 60 Second Marketer, the online magazine of BKV Digital and Direct Response. Jamie is also the co-author of How to Make Money with Social Media.

May 6th, 2011

How Netflix and Redbox Kicked Blockbuster’s Ass

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Every Friday, I send the 60 Second Marketer e-newsletter out to thousands of subscribers around the globe.

Occasionally, I send one out that generates more click-throughs, comments and re-Tweets than usual. (Side note: I have trouble predicting which e-newsletters will strike a chord, by the way. I just have to watch the data to see what’s working and what’s not working.)

In any case, this Friday’s e-newsletter generated a lot of buzz, so I figured I’d re-post it for our regular blog readers.

Netflix

Blockbuster has had it's rear end kicked by Netflix and Redbox. Why? It may all come down to something called Marketing Myopia.

Here goes:

Why have Netflix and Redbox succeeded while Blockbuster has failed?

The reason may come down to a simple marketing principle outlined in a Harvard Business Review article written by Theodore Levitt called Marketing Myopia (Amazon Affiliate Link).

Levitt’s premise was that a business succeeds or fails based on how it defines itself. If a business defines itself too narrowly, it sets itself up for failure.

The trick is for a business to define itself more broadly.

Let’s use Netflix, Redbox and Blockbuster as examples.

I don’t know this for a fact, but I suspect Blockbuster defined itself as a bricks and mortar store that rented DVDs and games.

But Netflix and Redbox defined themselves more broadly. They defined themselves as distributors of video content. This broader definition opened the door for the company to make generate revenue in new and innovative ways.

The result was that instead of tying themselves down to bricks-and-mortar locations, they opened themselves up to distribution methods like video kiosks, the internet and express mail.

Putting This Case Study to Work for Your Business:

Are you boxing yourself in by defining your business too narrowly? Here’s an exercise you can do to broaden your horizons:

  1. Draw a circle. Put your company name and your direct competitor’s names inside the circle. For example, if you’re The Coca-Cola Company, you’d put Coke, RC and Pepsi inside the circle.
  2. Draw a larger circle around the first. Put your indirect competitors inside that circle. So, going back to the Coke example, you’d put Dr Pepper, Gatorade, VitaminWater and Mountain Dew in that circle.
  3. Draw an even larger circle. Now, put products that are in the same industry, but would hardly be considered direct competitors. For Coke, that would include Starbucks Coffee, Bud Light and McDonald’s Milk Shakes.
  4. Draw one final circle. This circle includes very, very broad alternatives to your product or service. Again, using the Coke example, you’d include anything that competes for your customer’s share of wallet. That includes special treats like ice cream cones, popsicles and frozen yogurt.

It sounds crazy, but by drawing bigger and bigger circles around your initial circle, you’re re-defining what it is that your company is selling. When you expand your horizons, you expand your opportunities for growth, too.

If Blockbuster had done this exercise, they would have beat Netflix and Redbox to the punch. But instead … well, you know the story.

Give this exercise a try and let me know what you come up with.

Catch Me Live in London:

I’ll be doing a Social Mobile Workshop in London on Thursday, May 26th with my good friend Robert Clay. Early bird tickets are just £49, but jump up to £99 soon.

To order tickets, click here.

Other Articles of Interest from the 60 Second Marketer Blog:

Free Downloads and Resources:

  • Download our free e-book called “99 Tools to Help You Make Money with Social Media” by clicking here.
  • Download “How to Calculate the ROI of a Social Media Campaign” by clicking here.

If you like what you read today, you can have these blog posts delivered to your in box each morning by clicking here. Or, you can sign up for our free weekly e-newsletter by clicking here.

Posted by Jamie Turner, Chief Content Officer of the 60 Second Marketer, the online magazine of BKV Digital and Direct Response. Jamie is also the co-author of How to Make Money with Social Media.

May 5th, 2011

LinkedIn Introduces “LinkedInToday”

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Several weeks ago, LinkedIn introduced a new feature called LinkedIn Today, which delivers news based on what your connections and industry peers are sharing and reading. It’s perfect for people who are short on time and want to catch up on the top headlines.

The concept is interesting because it delivers news originating from three different sources:

LinkedIn Today is similar to your Google RSS Reader or your Yahoo Home Page.

  1. News that your connections and coworkers are sharing: By looking at the news articles being shared across your network and who is sharing it, LinkedIn can highlight the top stories you should be paying attention to.
  2. News that industry thought-leaders are sharing: Let’s say you work in one industry (e.g., advertising, accounting, legal, etc.) but want to stay up-to-date on news from your client’s industry (e.g., healthcare, automobile, insurance, etc.). LinkedIn Today gives you the ability to follow the news across multiple industries so you can keep up with what’s important to your clients.
  3. News that’s trending online: You can also see news that’s starting to pick up steam online. That way, you can stay on top of the news that’s bubbling up to the surface across the ‘net. (Again, perfect if you’re trying to keep up-to-date on your client’s business.)

You can also dig pretty deep into the news stories that are being shared on LinkedIn Today. For example, LinkedIn will show you the professional identity of the users who share stories along with what they’re saying so you can get a sense of the conversation happening around a given article.

The Bottom Line: Is LinkedIn Today going to replace your Google RSS Feed or your Yahoo Home Page? Probably not. But if you’re interested in getting the latest news and then being able to drill down to see what people are saying about those headlines, then LinkedIn Today is definitely something you’ll want to check out.

If you like what you read today, you can have these blog posts delivered to your in box each morning by clicking here. Or, you can sign up for our free weekly e-newsletter by clicking here.

Posted by Jamie Turner, Chief Content Officer of the 60 Second Marketer, the online magazine of BKV Digital and Direct Response. Jamie is also the co-author of How to Make Money with Social Media.

May 4th, 2011

How to Increase Engagement on Facebook

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“It’s a two way dialogue”.

We’ve all heard that phrase a million times when talking about Facebook. And it’s true, ideally your company’s Facebook page is a give and take relationship with your users. But what do you do when your two-way dialogue is a little one-sided?

eMarketer did a study of 200 companies on Facebook and found several factors that led to increased engagement as measured by comments and likes. Follow these simple tips and you’ll be able to get more people in on the conversation as well.

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With these simple tips, you can get more likes on Facebook.

First, keep your posts short. While on Facebook, people tend to scan for relevant information (read:  juicy gossip) and will gloss over long paragraphs in favor of short, to-the-point posts. Posts that were 80 characters or less received 27% more likes and comments than posts that exceeded that length. That may not seem like a lot of room to write, but if you stick to only one thought per post and avoid being overly explanatory, you can get your point across and engage users.

Another way to get people talking is to ask questions or include specific calls to action such as “Like This,” “Leave a Comment” or “Post Your Response.” Expressly asking for feedback in your posts encourages users to interact with your brand and reinforces the idea that the company Facebook page is indeed a place for conversation.

In addition to the content, the timing of your posts can also increase the amount of engagement. Try posting outside of normal business hours.  While you can undoubtedly catch quite a few coworkers hurriedly closing out of Facebook pages throughout the workday, engagement actually rises 20% after work hours. If you post during these times, it increases the likelihood that your posts will appear in your fans’ newsfeeds, garnering you more eyeballs and fostering more conversation.

The day of the week also matters in the timing of your posts. However, somewhat surprisingly, Saturday posts do not garner as much attention as workday posts. On the contrary, Thursday and Friday are the best days for engagement, with an 18% lift in comments and likes on these days. However, this does not mean you should ONLY post on those days or at those times. Developing a steady cadence of posts encourages users to return to your page to see updates even when they don’t pop up in their newsfeed.

Getting your users to interact with your brand on Facebook can definitely be a challenge, but as a marketer, the awkward task of striking up the conversation lies with you. Consciously craft your messages to foster engagement and post them at times that they will get the furthest reach, and you’ll break the ice in no time.

Posted by Nicole Hall, Account Manager with Mobilize Worldwide. Mobilize Worldwide develops mobile apps, mobile ad campaigns, mobile websites and just about anything else related to mobile marketing for brands interested in growing their sales and revenue using this new and emerging medium.

May 3rd, 2011

New Research Reveals 5 Ways to Improve Your Conversion Rates

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We all know that testing your email headlines, website layouts and creative concepts is the best way to improve the results of your marketing campaigns. But we also know that A/B split testing can be a pain. So, we took a look at the Which Test Won? website and found new research that reveals 5 ways you can improve the conversion rates on your campaigns.

Here they are:

  1. Add a Video: The infamous music downloading company, Napster, tested 2 landing pages, one that featured a “What You Get With Your Subscription” video and one without. The page featuring the video got 18.5% more free trials and paid subscriptions.
  2. Testing into Success

    Grow your conversion rates with these simple tweaks.

    Use a British Accent: Now that we’ve established you should have a video, you should take into account the test done by Eyevision, a video marketing company which found that using a British accent voiceover on a video on the homepage resulted in a 6% lift in free downloads.  Interestingly though, in the UK an American accent upped downloads 8%.

  3. Use Fewer Words in Headlines: A test done for World Class Driving confirms that when it comes to Pay-Per-Click headlines, less is more. By cutting the verbage down from the explanatory title “Drive 5 Supercars. The US Supercar Tour” to “Life is Short. Drive Fast” they increased conversions 34%!
  4. Include A FAQ Box in Checkout: Van der Valk Hotels & Restaurants wanted to increase the conversion rate amongst customers who visited their reservations page. The hotel group surmised that one of the reasons people would abandon the site at an advanced point in the process was due to incomplete information and unanswered questions. So they looked at the questions that were received most by their customer service lines and put the answers up to the right of the reservations page in a FAQ box. The results were a 9.2% higher conversion rate for the page that featured the FAQs.
  5. Use People-Focused Language: In a test done for Hubspot in which they were hoping to increase free trials, the company tested a page which asked the visitor what their goals were: “Use Web to Grow My Business” or “Deliver More Quality Leads for Less” against a page where they asked who the visitor was: “I’m a Business Owner” or “I’m a Marketer.” The page that focused on the visitor’s role, as opposed to their goal, won out and increased free trials 49.1% for the site.

Though the results of these tests cannot be universally applied to all businesses, the outcomes can provide insights into the way consumers think when presented with marketing materials. And if nothing else, taking the quizzes on which version won is a good (and slightly nerdy) way to kill an afternoon.

Posted by Nicole Hall, Account Manager with Mobilize Worldwide. Mobilize Worldwide develops mobile apps, mobile ad campaigns, mobile websites and just about anything else related to mobile marketing for brands interested in growing their sales and revenue using this new and emerging medium.


The 60 Second Marketer is a free online magazine brought to you by BKV Interactive and Direct Response. We try to provide quick updates on the newest tools, tips and techniques in marketing. We also try to accomplish that with a dose of humor or levity. As it turns out, we're pretty good at providing tools, tips and techniques, but we're not actually all that funny. Which would explain why people don't call us "funny" as much as they call us "laughable." Bummer. Our offices, for those of you who are interested, are located in Atlanta (404-233-0332) and Kansas City (913-648-8333). We also have offices on Bora Bora, but they don't have the phones installed yet.

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