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Showing posts from October, 2014

Never Underestimate the Importance of Customer Satisfaction

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Customer satisfaction is essential to any company's growth. When you meet or exceed a customer's expectations, they can do wondrous things for your reputation and even give you free advertising by recommending you to others. However, if you fail to meet their expectations, you'll likely never see them again. In fact, they might even complain about their experience on public forums, such as social media.

The value of customer satisfaction

According to Bain & Company, it costs 6 to 7 times more to find a new customer than to keep an existing one. Holding on to old customers and building customer loyalty gives you the chance to improve the bottom line drastically compared to a mindset that focuses exclusively on finding new customers.

Satisfied customers can also be fantastic brand advertisers. In the age of digital media, both complaints and compliments can go viral. A customer who takes to Twitter to speak about a poor customer experience can influence untold numbers …

Improve Your Integrated Marketing Campaign in 3 Easy Steps

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Integrated marketing campaigns give companies the chance to reach their potential customers on a number of different platforms. A well-orchestrated campaign branches out across several platforms to reach the target audience wherever they might be found. Not all integrated marketing campaigns are created equally, however. Here are three steps you can take to start maximizing the benefits you receive from your integrated campaigns.

Step 1: Create a specialized landing page

Your integrated marketing campaign is aimed at bringing people from a variety of platforms and sources to your company website. Rather than just bringing them to your homepage or service page, however, create a specialized landing page that will directly speak to these visitors based on what they learned about your company through the advertisement.

A quality landing page will have certain characteristics, including clear, concise information about the value the customer is receiving and an easy-to-use form to fill o…

Maximizing Your Use 4 Top Social Media Platforms

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If you don't use social media personally, it can seem difficult to understand why it's such an important aspect of digital marketing. You might be tempted to think, "Well, Facebook is the biggest of the social media platforms, so maybe I should just post everything on there in the hopes of reaching the most people." What you need to realize, however, is that social media is not just a publication service. It's a community.

While there is overlap, different platforms are known for attracting different people and different types of conversation. You're not going to have much luck unless you understand the crowd each one attracts. Here's a quick breakdown of the top four social sites -- Facebook, Twitter, LinkedIn, and Google+ -- to help you get a feel for each platform and how to connect with customers on them.

Facebook
Facebook is easily the largest platform with an estimated 1.3 billion users. The site is known for being the perfect place for users to d…

Finding Your Position on the Field

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The 2002 movie The Rookie focuses on Jim Morris, a high school science teacher who managed to play major league baseball long after what most athletes would consider their prime. It's an entertaining feature and stays impressively close to the real-life story of Morris, who pitched in the major leagues from 1999 to 2000.

The audience learns at the opening of the movie that this father and high school science teacher had always loved the game of baseball. He had excelled at it during his youth, but due to various circumstances, he had to give it up before be was able to play in the big leagues.

While coaching his high school baseball team, Morris makes a bet with his team that if they can win their championship, he will try out once again for a professional team. During tryouts, he manages to amaze everyone with a fastball that falls just shy of 100 mph. This paves the way for his triumphs.

The Rookie is definitely a "feel good" movie. It's the type of film that mot…

Keeping the Ship Afloat . . . In Business

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We've all heard the expression "keeping the ship afloat." Anyone who has ever spent time on an actual ship knows that keeping a boat afloat and getting it to the intended destination is no easy task. Ships of all sizes require a considerable amount of work from everyone on board, and we in business can learn a great deal from these professionals when it comes to keeping our own companies running and moving in the right direction.

The importance of clear leadership

Ships are not democracies. A captain always leads the ship's crew and directs activities on board. Captains have considerable experience sailing ships and know what needs to be done to make the trip a success. Their ability to see the larger picture lets them direct their subordinates. They don't waffle in making decisions and have confidence in their abilities.

Like any good leader, however, a captain also willingly listen. Captains will take advice from their advisers in certain situations, and then …

How Does Email Fit Into a Modern Marketing Strategy?

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Given that most people despise spam email, it can be difficult to see how email can fit into a successful marketing strategy. Isn't blasting potential customers with email part of the old, outdated marketing system that's now viewed as ineffective?

Yes, and no.

Yes -- when you send potential customers unsolicited emails, especially using email lists you purchase from a provider.

No -- when your email messages are used purposefully as a means of initiating conversation with your leads and helping them along the sales process.

The truth is that more than 3/4 of your customers prefer to receive marketing communications by email compared to other methods. It's also true that 95 percent of online customers use email, with the vast majority of them checking their email at least once a day. When used properly, email can be a fantastic way to stay in touch with your customers reliably and consistently. Here's what you should keep in mind to make sure you're getting t…

Business Lessons From the Wizard of Oz

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The Wizard of Oz is an exciting tale that has delighted people for several generations. When young Dorothy is magically transported from her home to the magical land of Oz, she and her companions must outsmart witches and other dangers in an effort to find the famed Wizard of Oz, who they believe can help her find her way home and grant her companions gifts of their own. Upon finally finding the wizard, however, they learn that he is not some great and powerful wizard after all. Instead, he's just an ordinary man behind a curtain, projecting his voice and image to appear to be a magical being. Still, in the end, Dorothy does learn how to get back home.

The Wizard of Oz and Business

There are two key lessons we as business leaders can learn from the wizard. In one situation, he's an excellent example of what we should do. In the other, he does the exact opposite of what would be appropriate in the business world.

What the wizard gets right

In Oz, the wizard regularly projects h…

Are You Using Keywords Correctly

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When it comes to search engine optimization, few topics are as popular as the use of keywords. To hear some people describe it, keywords are the secret to success; if you just use specific keywords in your text enough, people will flock to your website. But think about the last time you read something that was clearly "keyword stuffed." It probably sounded awkward, unnatural, and a bit forced, didn't it? You probably didn't take the information or the website too seriously. Fortunately, it is possible to use keywords effectively to entice visitors, give them confidence they've found a good source of information, and still sound completely natural.

Selecting the keywords

When choosing keywords, think about the words customers are commonly searching for online. Monitor the number of searches that are done for different keywords, and then choose a few you'd like to target. These should be keywords directly related to your business, so you can use them naturally …

Building a Championship Team at Work

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Postseason baseball is in full swing. After six months and 162 games, only a handful of teams have earned a chance at becoming World Series champions.

Putting together a championship-quality roster is no easy task. Tryouts, trades, drafts, and injuries all play a part in the process. Teams must find the right mix of players who can bat, pitch, and field. Just as importantly, though, they must consider team chemistry, too. Is everyone playing together? Are internal rivalries or personality clashes going to get in the way of a cohesive unit? Can those clashes be overcome for the sake of success? In the end, it often takes experience to get it just right.

What businesses can learn from baseball

When you set out to select members for your own professional team -- your business -- you must give it as much thought as a baseball coach and general manager. Sure, you should carefully review resumes and interview candidates, but in doing so, try to avoid the temptation to simply fill a role, …