Today is moving day. I’m launching a new blog called ‘the inbound-i blog’. It’s a continuation and evolution of New PR Words and Music, which will remain here so that you can come back and access the 110 posts created here. When you click on the link to the new blog and read the first post, you’ll understand why I’m making the change.
While you’re there, please subscribe by email or RSS feed so that you receive the latest information, ideas and intelligence about inbound marketing without interruption.
The new blog is a result of the evolution of online marketing and my own business focus. In explaining why the new blog, there’s also some good information for you about the importance of tailoring your online marketing to maximize the use of inbound marketing analytics.
Come with me to the new blog for future posts and come back here as often as you like to re-read and to re-listen to your musical favorites.
I will, too.
The moving image is from the Flickr photostream of aldenjewell under Creative Commons license.Read Full Post | Make a Comment ( None so far )
My Twitter account was hacked last night, so no Tuesday Tweets til I get things back to normal. Instead, I’ll share more learning from the 2011 Inbound Marketing Summit (#IMS11 if you want to follow it on Twitter), which I attended last week in Boston.
I put up a couple of quick posts while I was there, but now that I’ve had a chance to process the experience and review my notes I can offer you more in depth reporting and some key takeaways.
As in the past two years that I’ve attended, the speakers were the top names in marketing and media – online and offline. I’ll be sharing highlights of their talks over the next week or so – starting now.
Differentiating Your Company from the Competition
After a welcome by Massachusetts Governor Deval Patrick, who talked about the opportunities for tech companies in his state, Harvard Business School professor Youngme Moon gave the opening keynote on the topic of marketing differentiation. This is a favorite topic of mine as I see so much boring sameness out there, industry to industry. Translate that to mean loss of opportunity.
In true HBS tradition, as she put it, Moon explained ‘being different’ via case studies of IKEA, Mini Cooper and Apple. These ‘different’ companies have built very devoted customers and share certain qualities that we can all try to emulate:
- Nurturing the seemingly crazy ideas that lead them to buck the status quo and become ‘different.’ (Think about launching a tiny car to the U.S. market in an age of SUVs.)
- Embracing their negatives. According to Moon, the genius is often in the negatives.
- Being willing to ignore critics.
- Not over-listening to customers, who can tell you how to improve, but not how to be different.
- Being passionate beyond belief – the extreme version of caring and believing.
Do You Really Need to Be On Google+?
Chris Brogan, who’s been evaluating Google+ in depth since it launched in June tackled the subject of why we need another social network. His answer: Technology Evolves! We need to go where our people are.
Brogan pointed out an array of now-defunct – or almost defunct – technology and sites to make his point. Do you remember Friendster? Does anyone log onto Geocities these days?
Beyond its ‘clean’ visual look, Google+ has added social functionalities that have been missing and that Twitter and Facebook have now responded to with similar features. Selective sharing has been embraced, along with the video conferencing capabilities of which people are making varied and creative use, i.e. holding intellectual ‘salons’ of gurus and regular folk or hosting international customer support forums.
But the most powerful reason to have a Google+ presence is that it’s the first social network that combines social with search. Google no longer indexes Twitter, but being on Google+ might just help you come up higher in organic search results than those who aren’t.
Middle of the Sales Funnel in the Spotlight
HubSpot co-founder and CEO Brian Halligan used his speaking slot to address the shifting sales funnel. The first few years of inbound marketing have focused on stretching the top of the sales funnel by attracting more traffic to our websites and other online outposts and then converting the traffic to leads.
Inbound marketing 2.0 will be about how to better nurture leads through the middle of the sales funnel so that we develop a significant enough relationship to convert leads to customers when they’re ready to purchase. HubSpot recently acquired the company Performable, which has focused on middle-of-the-funnel technology that will now integrate with the HubSpot platform.
The key takeaway from Brian’s talk is that this shift in focus to the middle of the funnel coincides with the shift in power from the sales rep to the buyer created by the ability to research products and services online before buying. This has created a paradigm shift in the relationship between marketing and sales.
The new realities of buyer power require bigger marketing departments to handle the lead generation and nurturing processes and a smaller sales force that can concentrate on converting to customers the highly-qualified and sales-ready leads that marketing turns over to them.
More to come! Have you begun shifting your marketing to take advantage of new thinking and online tools?Read Full Post | Make a Comment ( 1 so far )
Yikes! It’s the last day of May and to my horror I recognize that I haven’t yet posted to my blog this month. Yesterday something I read really got me focused on this.
For years I’ve subscribed to a great free vocabulary builder called A Word a Day. (It also includes an often-inspiring Thought for the Day.) Monday’s word usage example was from an article in the Christian Science Monitor by Erik Spanberg about Alexandre Dumas’ the Count of Monte Cristo. Spanberg explained that Dumas’ tendency to be wordy – even overly wordy – was “induced by the simple formula that the more he wrote, the more money he made.”
Fast forward to our online world and the formula holds true in spades. Hubspot — which put the oomph in Inbound Marketing — has done research that shows that businesses that blog get 55% more website traffic. And the more you blog the more traffic you get and the more opportunities to convert visitors to leads who will become customers by and by with proper nurturing.
Indeed I teach this to my clients and spend chunks of my billable time helping them to post regularly. All of a sudden I find myself suffering from Shoemaker’s Child Syndrome. I know for a fact that my business will grow faster if I blog more, yet here I am scrambling to not have a goose egg next to my May archives.
It’s not that I don’t write. I co-author an article every month for WestFair Online and its Fairfield and Westchester County Business Journals. I began writing for Technorati this month and provided a guest post to Network Solutions. These kinds of efforts definitely contribute to a broader web presence which is good for getting found. But more consistent blogging will get me more traffic faster and – more important – provide better value to you the subscriber.
So, how did I get into this non-posting mode? In all honesty, the way I positioned my blog – as a music as well as information/experience-sharing venue – has made it difficult to be as spontaneous as I need to be to post more. As much as I love selecting just the right tune from my jazz collection to share with you as you read, it’s very time consuming and I don’t often have the time anymore.
With this post I’m changing the model. The blog is still called New PR Words and Music, and I’ll still share music with you whenever I have the leisure. But when I’m pressed for time – which is most days – you’ll get words and images. I vow to do my best to make them helpful for you and your business.
Many entrepreneurs have proved that trial and error — and flexibility – pave the path to success. What have you changed about your business or your life in general that’s helped you to do better?Read Full Post | Make a Comment ( 2 so far )