Promoting Coupons Could Be A Difference Maker

Promoting Coupons Could Be A Difference Maker

After digging through lots of data and consumer studies I think I’m starting to see an opportunity for clients to help them make more money.

One of those studies recently put out by research firm Forrester shows that 68% of consumers say coupons make it more likely someone becomes a first time customer and is likely to become a repeat customer.

It’s no secret in this economy, people love deals.

As a business, no one likes to give anything away for free decreasing the profit margin.

But if you need a ride to the airport. And you have no clue who to call. You go on Google and see a whole bunch of companies you’ve never heard of before. Then you see one of the companies has a special deal going on.

I’m convinced doing something like this will not only make the business stand out in a crowded search engine, but also make it more likely the customer comes back and does business with you again.

This area of promoting deals on ads in Google and on websites I think is one of the biggest opportunities for businesses to make more money off their advertising dollars.

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Small Businesses Not Branding Themselves Are Missing Out

Small Businesses Not Branding Themselves Are Missing Out

It’s much easier to land new customers when they already know who you are.

Why do referrals work so well? Because people know who you are.

Customwave is much more likely to land a new client when the client is already familiar with our name and who we are.

Statistically speaking, when you’re advertising on Google and people have never heard of your company’s name, you’re going to get less new customers per click.

People literally ask me all the time, “What can we do to get more customers”?

The answer is building awareness for your brand. It’ll make ALL of your advertising and marketing more effective.

I know it’s a dull, boring, takes-forever answer. But it’s also the most effective.

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Google Links To Apps Instead Of Websites On Android For Musicians. Will This Happen For Other Industries?

Google Links To Apps Instead Of Websites On Android For Musicians. Will This Happen For Other Industries?

Google’s latest tinkering of their ecosystem is particularly noteworthy.

Recent studies have shown that close to 90% of people access the internet on their cell phones with apps rather than actual browsers. So like, if someone wanted to go to Google.com, they’re more likely to just tap on the Google app than open up their browser and go to google.com.

That being said, Google is experimenting on when someone searches for a musician like Katy Perry. So when someone searches Katy Perry, instead of getting a list of websites with content of Katy Perry, the user gets a list of apps with content of Katy Perry.

In theory, you could say that getting a list of apps is a better UX (user experience) than getting a list of websites.

So, will Google expand this experiment?

What happens if someone looking for airport transportation in Los Angeles gets a list of apps instead of a list of websites?

Does your small business have an app for your company? Are you ready for this??

In other words, if Google does expand this to other verticals, other industries, those businesses that have apps where most of the industry doesn’t, will benefit greatly.

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What’s The Next Major Internet Device? The TV!

What’s The Next Major Internet Device? The TV!

According to an eMarketer study, 54% of Americans will have at least 1 internet connected TV. By 2018, the study says 71% of every American will have one.

What does this mean for marketers and small businesses?

The biggest impact is that it’s going to drive up the inventory of how much open spots there are for banner ads.

Which will thus drive the cost down even more, even with the cost already being dirt cheap.

Almost every single large company advertises with online banner ads. But a vast majority of small businesses still do not do banner ads. Why is this?

A lot of marketers in the industry that have had experience with banner ads misunderstand the value. Most marketers try and get clicks from banner ads to boost calls and new customers.

But banner ads are like TV advertising. Just because someone advertising an airport transportation company, doesn’t mean that an ad is going to convince them to buy plane tickets and make a town car reservation to take them to the airport.

The value of banner ads is to build brand awareness. It’s to boost the image of a company by advertising on other well known brands. It’s to increase the conversion rates between clicks to calls and calls to customers. It’s to build up a remarketing list to stay in contact with as many interested potential customers as possible. And for what it’s worth, Google is supposedly favoring websites that have bigger brands in search engine optimization.

All that being said, the more people that have TV’s that connect to the internet, the lower the price will go for what the banner ads cost. That’s the biggest take away here.

 

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People Do Not Like Stalker Ads

People Do Not Like Stalker Ads

Have you ever gone to a website, leave the website, then see banner ads popping up all over the place for that website you’ve been on before? That happening is a new marketing technique called remarketing, which is great both for advertisers and consumers alike. I mean, if a consumer is going to have to look at ads anyway, better they look at ads that actually interest them, right?

Unfortunately, some marketers abuse this technique. Have you ever gone to a website, leave the website, then see banner ads popping up all over the place for that website you’ve been on before? And then see the same banner ad pop up 10 times a day? 20 times a day? Feeling as if the ad is stalking you, following you on every website you go on?

Yes, that happening is what is known in the industry as “stalker ads”.

Surprise! People do not like stalker ads.

So here’s the lesson: If you’re a marketer, do not run stalker ads. It will actually hurt your client’s brand and cause consumers to not like your client. I mean, businesses’ aren’t paying you to ruin their brand, right?

So here’s what you do! There’s a setting known as a frequency cap. It can set a max of how many times a day each person sees your banner ad. Perfect!

At Customwave, we usually set our frequency cap at 2 views per day. This way, our client’s banner ads blend in with everyone else’s banner ads and it just looks like the client advertises a lot, which is good for the brand!

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How To Market If Customers You’re Targeting Don’t Have Money

How To Market If Customers You’re Targeting Don’t Have Money

From time to time people ask me what’s the biggest problem in internet marketing today in 2014. My response is that our client’s customers are broke and don’t have money.

Now, it’s not like this in every industry. Business executives still need airport transportation. People still need important packages delivered ASAP. But other industries like home remodeling, sign makers and even lawyers are struggling.

Specifically, the two problems is that some businesses are in the “WANT” business. Where customers want your service, but dont “NEED” your service. Someone might really want to remodel their kitchen, but they don’t have the money right now and have other, higher priorities. For lawyers and other businesses that charge a lot for their products or services, the problem is that the cost is too high.

It’s important to keep the clients customers in mind when figuring out the marketing strategy.

For instance, if I’m talking to a client in the “WANT business” that has a marketing budget of say $500 a month, my advice on how best to spend the money will be using it to stay in touch with every person that visits the website.

Because if the money goes towards Google advertising, the Google ads will get people to the client’s website. It’ll get the client calls. But it won’t likely produce customers for the client with the customers likely not being ready for one reason or another.

So what do we do?

Start with remarketing. With remarketing, we have the ability to track and stay in touch with every single website visitor by serving them banner ads on different websites throughout the internet. For instance, have you ever gone on a website before and then later on, start seeing banner ads for that website all over the place? That’s what remarketing is.

So let’s say there’s 100 people going on your website each month. Every month that goes by, you’ll be tracking and serving banner ads to another 100 people each month. After 6 months, you’ll be advertising to 600 people that have been on your website before. After 1 year, you’ll be advertising to 1,200 people that have been on your website before. And so on.

The value in this is that sooner or later, your former website visitors will be ready to do business with someone. Might be 2 weeks. Or 2 months. Or 6 months. But a lot will be ready at some point. In the meantime, you’re advertising your brand everyday to them. Reminding them. Building top of the mind awareness. And then the day will come when that former website visitor clicks on the banner ad and likely not only calls you, but becomes your customer too.

What else can you do?

Email marketing. There are ways we can collect email addresses from some of the people that go to your website by offering them discounts or free amenities if they submit their email address. So sending out an email blast every couple weeks is another way to stay in touch with people until their ready.

Regular display banner ads on different websites throughout the internet is a low cost and effective way of getting lots of people to your website and also increasing brand awareness. This will help too.

And finally, having a good reputation is important too. Like if you go to Google and type in your company name, it’s important no bad reviews or customer complaints pop up. If potential customers find bad reviews about your company, this can cause potential customers decide to not do business with you.

But vice-versa, positive reviews for your company can help lead to someone to be more likely to become your customers.

One of the most important things to remember about reputation management is that there’s tons of review websites out there, but the only way someone will ever go on any of them is if they show up in Google if someone types in your company name. So the main thing is to make sure is to focus on the review websites in the first 5 pages of Google when you search your company name. And if you have the budget, make sure you have no bad reviews in Bing and Yahoo as well.

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Want To Do Better In SEO? Target Products. Target Keywords Other Marketers Aren’t Targeting.

Want To Do Better In SEO? Target Products. Target Keywords Other Marketers Aren’t Targeting.

Chris Silver Smith at Search Engine Land has generously shared a brilliant idea to help in SEO (search engine optimization).

In a nutshell, he says that when doing local SEO, instead of targeting a keyword that represents an industry like “hardware store los angeles”, he says to target keywords that represent products like “ball point hammer los angeles”.

Everybody targets industries, types of businesses, cities. Not as many are targeting products, destinations, etc.

The real victory in SEO to be had right now is targeting creative keywords other marketers and businesses haven’t thought to target.

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The Arms Race Is On: AT&T Buys Directv

The Arms Race Is On: AT&T Buys Directv

The TV industry is about to go through some rapid changes due to people realizing they don’t have to pay their cable bill or dish bill when they can watch TV through the internet. And with more and more HD flat screen televisions having the ability to connect to the internet, this phenomenon has been accelerated.

About a month ago, Comcast announced they were buying Time Warner Cable. Now AT&T buys Directv. What does this mean?

Time Warner Cable and Directv knew they were facing extinction. So they figured now was a good time to cash out.

AT&T and Comcast both have tons of products and services beyond selling TV.

Mark my words: AT&T and Comcast have Netflix and Amazon in their cross hairs. They now believe the future of TV is what Netflix and Amazon are doing and AT&T and Comcast believe they have the resources to do it better. Stay Tuned.

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Evidence Shows CTR Is Becoming Important In SEO

Evidence Shows CTR Is Becoming Important In SEO

Hey SEO (search engine optimization) people! Guess what! Your cheese has been moved again!

Recently, I found another marketing blogger venting about how the dastardly Google has changed the way they rank who’s shows up first in Google maps. Her post is even titled, “This Is Why People Hate Google” lol.

Based on her case study and many others I’ve come across, the CTR (click through rate), which has been so paramount in PPC (pay per click), is now coming to SEO.

For those not familiar with click through rate, it’s the number of people who see your website link, divided by the amount of clicks. So for instance, if there’s 100 people looking at Website A and 25 people click on it, that’s a great CTR of 25%. But then if there’s 100 people looking at Website B and only 2 people click on it, the CTR is 2% and not as good.

In Google’s opinion (and mine included), CTR is a great way to determine how popular and relevant the content is to the Google user.

And it appears that Google is in the beginning process of eroding the value of links and replacing it with CTR.

This is exactly why I don’t do black hat SEO anymore. The cheese gets moved too much lol. Better to just focus on content, user experience and building the client’s brand and not have all your hard work knocked over by the wrecking ball known as the Google algorithm update.

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Had A Bad Experience Marketing On Google? The Problem Is There’s Not Enough People That Know What They’re Doing.

Had A Bad Experience Marketing On Google? The Problem Is There’s Not Enough People That Know What They’re Doing.

The biggest problem in internet marketing is that there aren’t enough people that know what they’re doing.

Wall Street Journal recently put out an article detailing how big companies like Reach Local and Yodle are good at acquiring small business clients, but then the actual campaign work is done by automated software. And then when the small business owner gets bad results they call and talk to someone in a call center that isn’t properly trained and doesn’t really know much about marketing on Google.

For all the demand out there (millions of small businesses) there’s just simply not enough supply (marketing people that know what they’re doing).

And im skeptical about campaigns being run by automated software because the biggest challenge in making marketing dollars on Google work is producing quality phone calls. In other words, getting the small business the types of customers they want.

For instance, let’s say you’re working with a limo service small business that wants to get customers wanting a limo ride to the airport.

A marketer that knows a little bit of what they’re doing will target “limo lax” as a keyword. The problem is that the default setting is broad match. And when the setting is under broad match, it means Google will advertise the client for not only the keyword you’re targeting but also for other keywords Google considers “similar and relevant”. So when you target “limo lax” with broad match, your going to get a lot of clicks where people actually type in “taxi lax” or “shuttle service lax”. All three keywords are similar in the searcher needing airport transportation, but a limo service business usually doesn’t have taxi cabs or shuttles.

A marketer that doesn’t know anything about what they’re doing will just target “limo” or “limo service” and boy do the results get bad from there lol. Then you’re getting clicks from people looking for just limo pictures or someone looking to see if there’s a school for limo drivers or someone searching “how to do a limo business”. All of these searches are junk to the limo service small business that wants customers that want to ride in a limo to the airport.

But even these super basic steps are unknown to most novices that work in bigger internet marketing companies. Thus the results are bad.

My best advice to small business owners to find an internet marketing company that knows what they’re doing (be it Customwave or anyone else) is ask lots of questions. And then see if the person you’re talking to gives you specific, detailed answers or vague, generalizations.

It’s easy to make promises to people. It’s also free and costs no money. Anyone can do it. But how many marketers can articulate their service, what they’re going to do and the value of doing it. That’s what you want to look for. If the marketer you’re talking to caan’t smoothly detail and walk you through what they’re going to do, youre marketing dollars are in trouble.

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