Categories
Sales & Marketing

5 Quick Tips for Effective Online Video Marketing

Small business is flocking to online video as a powerful marketing tool. Online video viewing is skyrocketing with uber-video juggernaut YouTube leading the way. Video marketing is here to stay, so entrepreneurs must lead, follow or get out of the way!

Online video is very effective because it creates a personal connection, helping to increase the “know, like and trust” factor among your prospects and clients. Video marketing can also help you enhance your online visibility and stand out in a crowded and competitive environment. Here are a few tips to keep in mind as you dip your toes into the video marketing waters…

Tip # 1: Keep it simple: While there are some common misconceptions about online video, the truth is it’s not expensive to get started. Using video in your online marketing efforts is also less technical than most people think. While production quality is important, you don’t need a big Hollywood production to create compelling videos. Start with what you’ve got, even if it’s just a webcam – or even the video camera on your mobile phone!

Tip # 2: Content trumps quality. The common elements of most video marketing “success stories” include consistency, strong content, a connection to the audience, and the ability to effectively communicate your marketing message.

Tip # 3: Choose your format wisely. There are numerous ways of using online video, ranging from live versus pre-recorded, on camera or off camera, educational or promotional. What platform do you prefer? How you choose to use the medium should be driven by your specific marketing goals. Video marketing is all about playing to your strengths.

Tip # 4: One video at a time. There are sales videos, list-building videos, website welcome videos, expert tips videos, instructional videos, and live videos. Decide which type of marketing video is best for your business and begin with that one!

Tip # 5: Begin with the end in mind. Before you create your video, consider your marketing goals. Video objectives can include increasing online exposure, driving website traffic, building trust and credibility, or developing your personal brand. And let’s not forget the elusive “viral video!” Viral video is like the Holy Grail of marketing…

Start with these 5 simple marketing guidelines and your online video will break through the clutter and maximize your internet marketing.

Categories
Sales & Marketing

Are You Making This Common Mistake That’s Costing You Sales? (Big Time)

A while ago, I was attending an event and I met someone who offered a service I needed. We exchanged cards and promised to be in touch when we returned home.

When I got home I turned over all those business cards to my team member as usual to enter into our database for follow up. It was about a month later when I realized this potential vendor had not contacted me or followed up with me. I no longer had the cards so I couldn’t look through them and I couldn’t remember her name or her business name and I didn’t have the time to comb through my database looking for her.

Needless to say, she didn’t get the project. And the sad part was I was ready to give it to her, that was why I thought of her a month later. But she hadn’t followed up so she never got a chance to get the business. I ended up finding someone else.

The morale of the story — you need to follow up with your prospects. Period.

Look, I know you’re spending a lot of time and money attracting leads into your business. You’re networking at live events, networking virtually using social networking, blogging, speaking, and probably a million other things.

So when those leads DO flow into your business, are you following up with them? Are you treating them like the gold they are?

I see this mistake happen over and over again. Entrepreneurs spend so much time and effort to bring leads home and then they never follow up. All those business cards get piled up on their desk never to get into a database. They have every intention of sending out a regular ezine for those online leads but somehow it never gets done. They rarely pick up the phone to connect with a warm (or even hot) prospect.

And then they wonder why their business isn’t growing and they struggle getting clients in the door.

There’s just no substitute for following up. (Have you heard the saying “the fortune is in the follow up?”) Giving someone your business card is NOT the same thing as following up with them. You’re relying on them to not lose your business card AND to remember the solution you offer when they’re ready for it. That just isn’t realistic.

You need to be the one to initiate, build and maintain the relationship. You need to be the one to remind the prospect about the solution you offer and how it will transform their life. Not the other way around.

Now I realize you’ve probably heard this before and you probably already know it. So if you’re not consistently following up, why not? What’s stopping you?

Most likely it’s 2 reasons — time and fear.

You’re busy and you don’t have the time to properly follow up. And you’re afraid you’re bugging your prospects if you do follow up.

I get it. I really do. I was there myself once. But here’s the thing — if you don’t get over those 2 issues, you’re never going to grow your business or enjoy consistent cash flow.

So here are 2 quick fixes to help you get started:

1. Who said YOU have to be the one to follow up? Get some help! Notice in my story I said I handed the business cards I collected to someone on my team to enter into my database. I did not say I was the one doing the entering. Have someone help you. (And the best part is you can probably justify the cost of this help because it directly impacts your bottom line).

2. Follow up doesn’t have to be calling people up and asking for work. Do things people will look forward to getting — send them articles, tips, or maybe something funny that entertains them. Think about ways you can stay in contact with your prospects that’s not about just making sales calls.

Remember, it typically takes 7 “touches” before a prospect turns into a client (and in the “new” economy it’s probably going to take a lot more). So don’t be discouraged if you’re first few attempts don’t turn into anything. Be persistent and consistent and eventually you’ll see your hard work paying off.

Categories
Sales & Marketing

Using YouTube to Promote Your Business

Even if you don’t use YouTube every day, you probably have a general sense of how it works. Put simply, it’s a website that lets people upload self-produced videos and display them either on YouTube or embedded on their own websites and blogs. But beyond being just a place to store videos, YouTube also has a variety of tools that let people get social with their videos and use them for all sorts of purposes. And for business owners, it can be a great resource.

Making introductions

In many fields of business, clients want to feel a personal connection with the people they work with. When you’re working with people long-distance, phone and email can go a long way toward forging that connection, but what about potential clients who arrive at your website and have not reached out to you yet?

By creating a short video introducing yourself and discussing what you do and embedding it on your website, you can make these potential clients feel as if they have met you. Your video lets them know you’re not some faceless entity somewhere on the other side of the world, but an actual person. This makes them feel secure in reaching out to you for your services.

Offsite promotional videos

Not too many people are going to be interested in videos that are simply about promoting your business. But one thing that web users love is a well-made how-to video that enlightens them on a subject or teaches them a tool they didn’t know about. In your area of expertise, you no doubt have much wisdom to share with the world. YouTube gives you a chance to use it.

Of course, many of my clients are initially uncomfortable giving out for free what they usually charge for. For instance, if you’re a web-design consultant and your job involves sharing your expertise with paying clients, you might be reluctant to put this expertise out there for all to see.

But there’s an easy solution to this: Don’t share everything. Just teach people enough to raise their interest and establish yourself as an authority. It’s similar to writing informative articles or blog posts. Give a quick summary of the topic, and encourage people to get in touch with you for more information and one-on-one help.

If you include a good title and description with your videos and make them searchable, then you should get at least few hits from people searching Google and YouTube with their questions. And if you get lucky, one of your videos might even go viral.

Production values

Keep in mind that, just as a poorly designed website causes people to instantly click the back button in their browsers, a poorly produced video causes people to click stop and move on. So for your videos to be effective in promoting your site, make sure the lighting is good and the sound is clear. If you can afford to hire a professional videographer, consider doing so. Otherwise, make some practice videos before uploading anything. Show them to a few trusted friends or colleagues for their feedback, and upload them only when you feel the product is worthy of your business.

Categories
Sales & Marketing

Sales Secrets from Baja California

To unearth the age-old secrets of sales and marketing, I journeyed 2,600 miles to Cabo San Lucas on the extreme southern tip of Baja California Sur.

Actually, it was just a vacation.

But during what was a carefree trip spent mostly on the beach and in margarita bars, I inadvertently received a Mexican marketing lesson and crystal-clear insight into what it really takes to be successful in selling services and promoting products.

The unexpected lesson came at me from two different angles – from above and below. One angle was luxurious, affluent and exclusive; the other was “street selling,” marketing in a very traditional and primitive form.

Let’s start with the luxurious angle. We had the good fortune of staying in our friends’ opulent condo, a lavishly appointed place with an interior design worthy of an architectural magazine. As the guest of a resident, I was offered the “opportunity” to sit in an information session organized by the management company. Of course, the session was actually intended to sell me my own piece of real estate paradise (or at least a one-week share of it).

Normal vacationers run like hell when offered such an “opportunity.” Not me. I love real estate and am fascinated with marketing, so I couldn’t pass up the chance to learn. The free breakfast buffet and piña coladas were just icing on the cake.

Wow, the real estate agent was so effective – she was charismatic, well informed, a great conversationalist with such strong interpersonal skills. The meeting was private, not some presentation in an auditorium. The pitch was soft-sell, much more focused on relationship-building than high-pressure closings. We talked for two hours. Most of the time was spent discussing the local area. We talked about politics, culture and a great deal of Mexican history. She asked questions – lots of them. A good salesperson gets to know her prospects inside and out. She knew what information she wanted from me, and she got it.

In a clear attempt to play to my ego, she said, “The advantage of a time share is that you pre-pay your vacation. That means a man of your stature is essentially forced to set aside time in your busy schedule to relax and be with your family. That will make your wife happy and give your kids memories for a lifetime.”

Now, she obviously acted as if I was a much bigger deal than I really am, but what a great angle! She found what I valued and focused on how her product could satisfy that value.

Then there’s the other side of sales and marketing in Cabo.

As is common in Mexican tourist towns, street hawkers are omnipresent. They sell everything from traditional souvenir items to whale-watching excursions to staged photos of you downing a shot of tequila on the beach while sporting an oversized sombrero.

There’s so much selling, you get kind of sick of it, which can lead to flippant brush-offs and irritated responses of “No gracias!”

While walking to lunch one day with my wife and our friend, a street vendor approached me and displayed a handful of silver bracelets.

“Hey man, you need one of these for your pretty lady,” he said.

“Her? She doesn’t even like me anymore,” I responded playfully.

“Maybe this bracelet would help,” he said.

“It’s hopeless; nothing will help. She doesn’t want anything to do with me,” I insisted.

A pause and a smile… “Get one for your next wife!”

His humor and creativity stood out among the sea of street vendors all saying the same thing. What’s more impressive, however, is that he was trying to find something I valued. Had I been telling the truth, it may have been a successful pitch!

How interesting – the methods of selling I experienced on my Mexican vacation were very different, yet the lessons were the same: it all comes down to value! Whether you are selling exclusive real estate or future garage-sale items from a pushcart, you are successful when you find the buyer’s value points.

The successful marketer and the savvy salesperson know that people buy what they value and only what they value. It is the salesperson’s job to find out just what that value is. Value is determined by the prospective client, never by the seller or marketer.

How do you find what your prospective clients value? It’s simple. Start by building rapport and then ask the right questions.

The street hawker with the bracelets built rapport through humor and creativity. Because it was such a brief encounter, he didn’t have the luxury of asking me a lot of questions, but give him credit for trying to find my value point as quickly as possible.

The condo salesperson gave a textbook performance. She built rapport with me and asked the right questions. She now knows what I value. She didn’t make the sale, but I suspect I will hear from her periodically. When the day comes that I can justify such a frivolous expense, I do have her contact information.

You never know…. I just might call her someday.

About the Author:

Jeff Beals is an award-winning author, who helps professionals do more business and have a greater impact on the world through effective sales, marketing and personal branding techniques. As a professional speaker, he delivers energetic and humorous keynote speeches and workshops to audiences worldwide. You can learn more and follow his “Business Motivation Blog” at JeffBeals.com.

Categories
Sales & Marketing

5 Reasons Why You Should Do a Product Launch That Have Nothing To Do With Selling That Product

When most entrepreneurs decide to launch a product, they’re mostly thinking about how many products they’re going to sell or how much money they’ll make during the launch.

Now while that’s a great reason to have a product launch, it’s actually not the only reason. In fact, I may go as far to say it’s not even the most important reason. Let’s take a moment and go through the top 5 reasons to have a launch that have nothing to do with selling that particular product.

1. You create visibility for yourself. Even a small product launch will create visibility and get people talking about you. After all, the point of a product launch is to create a buzz and get some of your free content to go viral. The sheer act of doing that builds name and brand recognition, which is key to growing a business.

2. You build your credibility. If your product launches include releasing free content (i.e. videos, special reports) or hosting a free call or webinar, how you present that information can go a long ways towards building your credibility. If you giveaway great content and people can experience for themselves how knowledgeable you are, your credibility will shoot through the roof.

3. You build your list. Offering free content or a free call or webinar is a great way to build your list. Even if you have a small list there are ways to structure your product launch to maximize your list building. (Note — the end result may not be tons of sales but rather a big boost in your credibility and visibility not to mention more names on your list.)

4. You build momentum in your marketing and your business. Product launches take an enormous amount of energy to get off the ground. That energy has to go somewhere (remember the laws of physics — energy is neither created or destroyed, just transformed) and if done right it’s transformed into a huge momentum boost for your business. You’ll likely find marketing your business much easier after a launch — not just because your personal momentum is going but because your prospects are still “talking” about you and are more open to receiving your message.

5. You sell your other products and services. Remember all that visibility and credibility you created with your launch? Well, you likely got the attention of people who may not be interested in the specific product you’re launching but they ARE interested in YOU. Don’t be surprised if sales of your other products and services jump (this typically happens both during and after the launch).

Now, here’s the best part. If you do a product launch for reasons OTHER than a big payday at the end of the day, think about how good it will feel when you DO sell a bunch of products? One of the biggest reasons why product launches are so stressful and so discouraging is entrepreneurs put this big number out there on how many they want to sell and when they don’t hit that number, they’re depressed — EVEN though it may really have been a big success in other ways. So, if you flip it, you can relax during the launch, enjoy it more and be excited and grateful for whatever sales you make.

Food for thought.