Random Marketing/Advertising Thoughts

Every so often stuff happens that business people need to better understand when it comes to marketing and advertising. Here are just two items that should get you to think about your approach to consumers. Pepsi bottles

Pepsi Wins

Even in light of downward pressure on Wall Street Pepsi this week posted some impressive gains as the company posted third-quarter gains that beat expectations. Analysts had expected revenue of $16.93 billion however Pepsi turned in revenue of $17.19 billion. What does the company say contributed to the unexpected increase in revenue? Advertising. Pepsi CFO Hugh Johnson said, “The increased advertising that we have is causing consumers to shop us more aggressively, and our customers are rewarding us with that [grocery] space because they know that we can help them grow."

Yeah....advertising.

Podcasting

Podcast MicRemember when people said social media was a fad? Sure you do. I remember traveling around the country giving presentations about the power of social media and many times attendees came up to me and told me, in no uncertain terms, "Social Media is going to go away. It's a fad and we'll get over it."  And, to be honest there are still some folks out there who believe that...even though social media platforms continue to grow.

Now it is podcasting that some say is a fad. However, consider this piece of news: "The Interactive Advertising Bureau/PwC forecast predicts $678.7 million will be spent by advertisers on podcasts this year. And revenue will top $1 billion in the next two years." And that, my friends, comes to us from the publication Inside Radio.  So if radio is paying attention to podcasting...shouldn't your business?

Marketing and Advertising thoughts...it's what we do...every day.  And, if you want to check out our Insight on Business the News Hour podcast you can find us on your favorite podcast platforms:  Google PlayPlayerFMPodbeaniTunesSpotifyStitcher or TuneIn Radio. And you can catch The Business News Hour Week in Review each Sunday at 2pm on News/Talk 1540 KXEL.

Thanks for reading...now go sell something!

 


Think Before You Launch That Podcast

Last week I had the opportunity to speak at a Lunch & Learn for the Carlisle, Iowa Chamber of Commerce about effective communication. Man Thinking How the vast majority of what you "say" isn't as impactful as your visual and vocal skills...or lack of them. It's true. While we might like to "think" content is king in communication in reality that content amounts to only 7% of your ability to connect with your audience...be it one person or one-thousand.

So, where am I going with this?

Think...Podcasts.

Every day an individual or a company launches their podcast often without really thinking about the two items that truly impact a listener: Visual & Vocal. Now, it's true that with an audio podcast visual can often be taken out of the mix unless you, as we do, incorporate some video teasers as to the content.

That leaves the impact of your vocals. At the Lunch & Learn an attendee asked this question, "What if you are not a trained broadcaster or public speaker, what are some of the hardest things to overcome?"

Great question. 

We talked about the use of "filler words" and vocal inflection and projection. Which brings me back to podcasting.

Mobile Studio in Mobile 2019This week three new podcasts came to my attention. When things like that happen I like to click through to listen...just to hear what others are doing in the podcast world.  All three of these new podcasts we're created by fairly large companies and/or non-profits and they were all...awful. Using the formula regarding Content, Visual and Vocal each of these new podcasts missed in the two most important categories with "vocal" being really bad.

Podcasting is the new cool way to connect but if you fail to think it through and your work sounds like you recorded it over a speaker phone...you are done. Stick a fork in it.

So, before you launch here are just a couple of tips: (Image is of our "mobile studio")

  • Get A Good Microphone - There are loads of options available. If it is just you or one other person you can get by with a USB mic like the one I use. It's the Blue Yeti and the quality is superb...broadcast quality. It allows you choose several options from picking up the entire room to picking up one voice direction or two. Here is a link to Blue...we love their products and their service is top notch.
  • Microphone Tip Two - We do a ton of remote recordings so we invested in some great equipment that we can take with us. Now, you may not be moving around but you might consider, if there are multiple people on the podcast to get mics and a recorder that can handle several inputs.
  • Post Production Software - We've used the open source Audacity program for years it's easy to learn and you can add so many touches to your podcast...like a pro. Here is the link to Audacity. Yes, there are more expensive programs out there...but for our use this has worked just fine. And, remember we're also sharing our podcasts on various radio broadcast outlets.
  • Visual Use - Make sure you take a photo of your podcast session and identify the people involved. It helps create a human touch. Likewise create a logo for your podcast so people know what it is that you are doing.
  • Plan & Be Informative - Sure you can have fun with your podcast...we do a weekly piece about "Stuff to DO" with our friends from Cityview Magazine but the majority of our news and interviews are things that many people simply don't know about. So plan your work to be informative.
  • Know When to Stop - People listen to various lengths of podcasts. We've found, over the years, that for us the best length of our interview segments is between 16 and 20 minutes. Anything over that and we create a Part One and a Part Two. 
  • Share Your Podcast - We recommend that you be active in the social media world. If you simply post to your company website it's highly unlikely others will find you. Get social and watch your work get traction. 

I truly hope some of this helps. But, if in doubt let us know. We're more than happy to answer your podcast questions.

Here is a LINK to our Radio Blog for Insight on Business the News Hour so you can get an idea of what we do...there.  

Thanks for reading! 


Twitter for Business - It's Frustrating

This summer marks the 10th year our agency has been doing Insight on Business the News Hour a daily business newscast which first Ben McDougal MPL Feb 8 2011 appeared on the web, moved to terrestrial radio and now is a combination of both radio and podcast. (Photo from 2011 with a younger Ben McDougal from our studios at Webcast One.)

During that time I've interviewed thousands of business people about the who, what, where and why of their business. Each long-form interview is then placed on our Radio Blog and shared across several social media channels multiple times over the course of several weeks or months...depending on the story.  We also send out the interview link along with a one-page "How To" so our guest can then share their story on their own social media channels.

In other words, we have a long and proficient history when it comes to social media, especially Twitter.

I tell you that because, over the years, I have searched for and found hundreds of Twitter Profiles connected to the businesses we've featured. We do that so we can link our story to their feed and help them get more traction.  

Man ConfusedHowever, more often than not, those business Twitter feeds have been abandoned or, worse, so sparsely cared for that I see one or two Tweets a month...if that. And, what is even more incredible is that even if our guest has a fairly active Twitter stream they may fail to retweet their own story and the content we have freely created for them.

Often I'll reconnect with a business we've profiled and ask the question, "I see that while we've shared your story a dozen times on Twitter over the past two weeks and tagged you. Yet, your Twitter stream has never carried your content. Can you tell me why?"

Crickets.

They don't know. Or worse yet I get, "Gosh, I'll have to ask our social media specialist about that..."

In other words they simply don't understand the power of Twitter. They may have relegated it to an outside source or have an internal person who simply doesn't understand how the platform works. Finally, I believe, they think..."Hey, it's free. How valuable can that be?"

It's frustrating.

Business has, in front of them, their own media company that, if they work it, can pay huge dividends in the form of referrals and sales and building a positive brand.

It's time to re-tool your thinking. Let's start with this piece, "Giving Up On Twitter" from 2015. 

More to come....

 

 

 

 

 

 

 


Some Hiring Help

Last week on The Business News Hour we had a story about jobs. The Labor Department says there are now 1.5 million more open jobs Hiring Use then there are unemployed people. To put that in context let's say there are 6 million unemployed people in the U.S. yet there are 7.5 million open jobs.

Our business is based in the Des Moines, Iowa Metro where the current unemployment rate is hovering around 2.3%. I am told, by the folks at the Greater Des Moines Partnership, there are 17,000 open jobs in the Metro. Again, just not enough people...

Everywhere you look you see "Help Wanted" signs. HyVee, a chain of over 237 grocery stores in the Midwest, went out and bought flags to plant in their parking lot to announce the obvious. Over the past two years I've watched as B'Bops, a locally owned hamburger chain, has changed their help wanted sign to promote higher wages. Two years ago the sign said $8.00 an hour. Today the sign reads $10 an hour.

Last month there was a high-powered forum where experts weighed in on the employment troubles and offered up some suggestions regarding not only recruitment but also retention.

One of the things that is missing from the discussion is something called "passive recruitment". That's where you use media to target not only your "help wanted" message but also, at the same time, polish your brand. You can use a host of mediums radio, podcasting sponsorships, podcasting, video and social media to do the same thing. 

What is cool about passive recruiting is that word spreads. You may not hit the person who is actively looking for a job but your message may be heard or seen by a family member who then says, "Hey, did you see/hear that Weasels is looking for workers. Sounds/Looks like a great place to work."

Here's a sample, click to listen.

Recruitment Audio June 2019

It's really that easy but, does it work?  I have a friend who works in this field and he has been successful for years. The key is to let people know how really great your business is and then pitch the idea of working there.

Building your brand while building your bench is simply a good stratigity. 

 

 

 

 


Five in 24 - Five Things to Re-Brand & Sell More Stuff

For several years I've offered up a seminar on "Five in 24 - Five Things Any Business Can Do in Twenty-four Hours to Re-Brand and 5in24_LogoSell More Stuff".  It's been the most requested piece I do. Has it changed? You bet! Each time I go out, as I just did with the New York Press Association Annual Meeting, I refine it to match the needs of the audience I'm speaking to.

And, that is one of the Five Tips that is included in "Five in 24"

Know Your Consumer

It doesn't matter if you are selling a product or a service the basic metric of success is knowing your customer base. That's why, before I head out to do a presentation I adjust the guts of the seminar to match the needs of the people I'm speaking to.  For example the publishers and editors of the New York Press Association are struggling with new ways to connect to their readers outside of the printed product. 

To be sure the community based newspapers that are represented by the NYPA are doing pretty well. They are not daily papers but hyper-local papers that laser focus on their town, city, community. That they've got. But, what other things might they use to connect with their target audience?

Podcasting

Mobile Studio in Mobile 2019One of the new additions to "Five in 24" is Podcasting. I've been in that space for over ten years, long before it was considered cool and when it seemed like you were "talking to yourself". But today it's a thriving media option for busy people who may not have time to sit down and read. Want to check us out? Here is the Radio Blog for Insight on Business the News Hour

And so, I tailored my presentation to reflect that reality. Was it well received? Yes...and while the reviews are not in I'm confident that I was able to peel back the onion a bit and introduce them to the power of podcasting.  

The bottom line is you must know who your target customer is, where they hang out, how they buy what they buy. Once you've got that down all you need to do is create a story to move from "customer" to a lasting relationship.

Thanks for reading! 


No Homepage Traffic?

Not long ago we were asked to look at the website of a new client. The business is in the professional services sector. They were concerned Man Confused about their homepage traffic...which had declined over the past couple of years...and wanted a total new site and redesign. Yeah, they were...worried.

Now, they don't do e-commerce but they do a bunch with their business blog. (Clearly they had been listening over the years that business blogging is a great way to secure solid content and project a strong voice let alone be helpful in search engine optimization.) We knew...and they didn't...that visits to homepages continue to shrink and that happens because of a good reason...

So, we dug in to take a look and in the end made the professional recommendation that what they needed to do was stop worrying about their website and continue creating original content that drives people to their business.

Here is how it works: A consumer does not go looking for the XYZ Legal Services Company...unless they get a recommendation. It is more likely that a consumer is searching for something. Perhaps they are looking for "Business Succession Issues". They plug that into their search engine and get lots of places to go so they can learn more. And, because this client has written, several times, about that issue their legal blog came up on the first page of the search. And, because they used the right keywords and tags in their blog, the consumer was able to tell the company was in their metro area.

Today it's all about content and changing content at that. So, if your homepage is static don't expect much. However if your homepage content always changes...and if you are creating content on a regular basis it all adds up. 

Content, content, content. And today you've got more places to share that content than ever before.

Create valuable information that people can use and the rest will follow. 

Thanks for reading!


Feeding the Beast

We tell all our clients how important it is to stay current with your social media efforts. Current and Consistent. That lesson came home last Man Angryweek as we closed the office and went on vacation. We do that from time to time...everybody needs a break. Sure, we did our daily business news broadcast Insight on Business the News Hour from Anna Maria Island and yes we did do some Tweets and kept up (sort of) with our broadcast Facebook Page and we (sort of) fueled my LinkedIn Page and, yes, we posted "some" to Instagram.  

However...when we looked at the numbers upon our return we saw we were lagging. Not as much interaction, re-tweets, Facebook comments and loving gazes toward LinkedIn or Instagram. 

It was a great lesson in Feeding the Beast.

Once you are in that space, no matter what platform you use, you've got to be consistent. And that, my friends, is where so many businesses (product or service) fall off. It takes time. And, if you are on vacation or away to a conference and YOU are responsible for the social media activity of you or your brand...you've got to stay on your game. You've got to find the time.

If not, individuals that have come to expect a particular amount of social interaction go away or disconnect. Remember, our attention span is less than a goldfish. Staying current and being consistent is just another demand of The Beast.

And, The Beasties. (Meet my grand-daughter Jovie...pretty good huh?)

 

Thanks for coming by and your comments are always welcome!

Michael

 


Hobby Lobby - A Missed Opportunity - The Horses Mouth

There is a new, sort of, social media trend out there. It's where teens are flocking to Hobby Lobby stores across the country for the Hobby Lobby Challenge. What's going on?  Young people descend on the local craft centric store and then use everything from fake flowers to ferns Hobby Lobby Imageto other items as props to create Twitter, Instagram and Snapchat images. They then challenge friends and family to take up the challenge and do the same.  Cool?

Nope, Hobby Lobby staff and workers don't like it. In fact many store employees have used social media to rail against the trend.

They complain that they have to clean up and fix the shelves that some might disturb.

But..what it... What if Hobby Lobby embraced the trend, no matter how short lived. Think of the free publicity!  Hobby Lobby could:

  • Welcome teens to their store and encourage them to use their products as prop for social media posts;
  • The company could then actually re-tweet or share those images to connect with a youthful demographic;
  • Hobby Lobby could, in just a few weeks, ditch the "old school" label and become (sort of) cool...even for a short time.

What a missed opportunity. Any idea what some companies might pay to have their name shared across thousands, if not millions, of images sent to a demographic that may not mean anything today...but how about tomorrow.

It's a gift.

But then there is that horses mouth... 


What Your Customers Want...

Companies large and small spend lots of time and money trying to attract new customers. Heck, we help them and know what they are Woman Shopping Cartspending on everything from packaging to web-design to social media. Even for a small business it can get expensive.

But, are you doing the right thing?  Are your current customers satisfied with what you are doing/selling/providing?  Or are you scrambling to always find "new customers" because your current crop is leaving?

Tough questions and let me offer some suggestions:

  • Be Customer Friendly - This starts with communication. In a recent study from Pegasystems 69% of consumers believe “being available when I need help, in the way I need it” is critical to retaining your customer base. But how do you know if you are not being focused, along several channels, to what help your customer needs? That's why we urge our clients to use organic social media so you can BE THERE when the call comes. That is also why we abhor the use of automated phone answering systems and always suggest that a real human answer your phone. Don't make the customer wait, guess or go elsewhere;
  • Connect With Your Customer - In a recent Forbes article we read this:  "71% of consumers believe that companies should do a better job of creating more attractive loyalty and rewards programs. Unfortunately, companies have yet to receive the memo: Less than a quarter—24%—are focused on creating loyalty/rewards programs. Instead, 69% of companies are conducting outbound messaging to improve customer engagement." This isn't about "piling up points" this is about connecting in real and specific ways. Having the ability to deliver personalized service, being truly helpful, understanding and working for...them;
  • Respond Quickly - There is a reason why Facebook bumps your engagement and tells others how quickly you respond. You see, it matters to consumers. Yet we've seen businesses from restaurants to professionals who only use social media to push their message rather than engage the consumer and ignore the questions or calls for help. Responding quickly requires you to monitor your social media.

I get it...all of this takes time but retaining a customer by delivering what he or she wants when they want it matters.

Thanks for reading!   


Are You Open for Business?

Those of you who follow us know that we believe in the Business Blog for several reasons: Open Sign

  • Fresh Web Content - Each time you do a business blog you create fresh content for your website and that is important for what is called Search Engine Optimization so people can find you;
  • Owning Your Voice - When you write a business blog you are creating a voice for your business. You can explain in a short and direct manner what you do, how you do it and more. But, remember to break it up and not write "War and Peace";
  • You Are Open for Business - If you blog on a regular basis people know that you are still around and still accepting clients and still in business.

It's that last point I'd like to address. This afternoon we were searching for potential news stories and individuals we might interview for Insight on Business the News Hour. We went back into our files a couple of years to see what stories were out there that we thought might be worth a follow up. We found one on care-giving, Alzheimer Disease and aging. Two weeks ago we had a piece on the Alzheimer Tsunami from Iowa Watch we thought a follow up on an old story might make sense.

So, we went to the website for contact information. (There was none. No phone no email...just a form to be filled out if we wanted to reach out.) Next we looked at blog posts to see what might have been new and, really to check and see if this business was still in business. The most recent blog post was authored well over a year ago.

What!?

We are now led to believe this company is out of business. No contact information and an outdated blog post. We moved on...and wrote this piece.

It's critical that potential customers/clients be able to reach you and your business quickly so make sure you have contact information available. If you do a business blog and it is part of your website make sure you continue to do so. It doesn't have to be every week (if you are well established) but at least once a month let's us know you are still...open for business.

Thanks for reading!