Showing posts with label meeting report. Show all posts
Showing posts with label meeting report. Show all posts

Monday, May 16, 2011

Marketing Operations can save your life. Or at least your marketing sanity.

By Mark Helfen

If you've been in marketing for a while, you know that the job can range from merely difficult, to completely impossible.
  • It's hard to manage the individual parts of the marketing mix.
  • It's very hard to do well
  • It can range from hard to beyond hope to control, or even influence all of the other parts of your organization that have to work in sync to make your marketing strategy effective.
Or to paraphrase Rodney Dangerfield, marketing gets no respect.



Friday, February 25, 2011

Content is (still) king, and email is (still) a "really efficient" way to deliver it.

By Mark Helfen

At last weeks SDForum Marketing SIG meeting (February 14), speaker Daniel Greenberg presented examples of a carefully designed strategy for internet B2B sales. 

But given all of the technological sophistication available, the monitoring and distribution tools that can be used, a couple of older ideas are critical - content is still king, and email is still a "really efficient" way to deliver that content.

Greenberg is Chief Marketing Officer for Simply Hired. But his presentation discussed strategies he used when he worked (also the CMO) at TrialPay.

Simply Hired is a web aggregator that searches job listings on many web sites - a specialized search engine. This was not the focus of his presentation, and Greenberg gave only a brief overview of the site. The conclusion is that if you are looking for a new or different job you should check it out.

TrialPay's marketing strategy was the topic of the evening. TrialPay "helps online companies sell more by placing advertising around their transactions," and his task was to get more of this business at a minimum cost, with the least human intervention. From his perspective, marketing's budget is decided by how much revenue the marketing strategy delivers, which is a motivation for an effective plan.

Marketing is moving from an art to a science. The web has made things much more measurable, and new tools allow you to measure the effectiveness of your marketing strategy.

Friday, January 14, 2011

By Mark Helfen





"Your brand yourself every day."

"You have a brand, whether you like it or not."

"Great work does not equal a great reputation." (Perhaps this last one could be the most difficult for engineering types.)

These were a few of the things you would have heard at the last SDForum MarketingSIG (January 10) from speaker Karen Kang, an expert on personal and corporate branding. Kang is principal of Branding Pays, a consulting practice that helps both corporations and individuals brand them self. Or maybe more accurately, helps them establish and manage a reputation that helps with their marketing.

Kang, a former partner at Regis McKenna, one of the valley's premier PR firms, spoke to an overflow audience at the regular monthly meeting held at EMC. (And thanks to EMC, both for the space and the food.) Her presentation focused on the idea that your brand, or the reputation that you have in the eyes of others, needs to be managed. Just doing your work expertly isn't enough.

"Brand is both a noun and a verb," said Kang, meaning that your brand is your image and reputation, but developing or changing your brand is an activity that requires work.

The work starts with both your professional competence, and your core values. Your brand starts with results you can actually deliver.

You need to "start getting expert in something, to make you stand out from the pack."  Most people have skills and competence in their background that can be the core of their brand. But as with all marketing, doing everything isn't a good strategy. You need to focus on a small number of things that match your core beliefs and objective, and that will make a memorable impression with your target market

Kang's model is a cake with icing. The cake represents what you are really good at - what you can deliver. The frosting is your presentation - the outside layer. Maybe your personality - the immediate thing people feel when you walk into the room. Being "attractive, engaging, and likeable."

Once you have developed your brand, at least to your own satisfaction, the next step is to make it visible to others. One step is developing a "third party reference structure of endorsements." This could include writing, blogging, or speaking.

Kang also has a 90/10 rule - 10 percent of the people have 90 percent of the influence. Part of your branding strategy is finding those 10 percent - your brand "eco-system" that helps transmit your branding message.

The end is a reputation that is focused, clear, and compelling - what people will remember about you - your brand.

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Mark Helfen is a freelance writer, journalist, and marketing consultant. He can be reached at:
mhelfen@wordpixel.com

Linkedin: www.linkedin.com/in/markhelfen

Facebook: www.facebook.com/mark.helfen

Follow me on Twitter: twitter.com/mark_helfen

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Wednesday, November 17, 2010

Looking at the same facts from a new point of view can create a new understanding

By Mark Helfen

Sometimes looking at the same facts from a new point of view can create a new understanding, a new marketing strategy, even a new way of designing a product.

At the November 8 SDForum MarketingSIG meeting, Adrian Ott, CEO of Exponential Edge, presented some new ways of thinking of time, and how it effects your products. If you were there, you would have heard phrases like:

- Time-onomics
- Attention bottleneck
- Inattention economy
- Time value innovation

The basic idea is to factor your customer's time, or more specifically the lack of time, into the design and marketing of your products.

The latest technology funnels huge amounts of data into our brains. The result is that we have to triage our attention.

"Time is driving so many of our decisions," said Ott, factored into everything. It isn't just price that is the basis of a purchase. Decisions are made by comparing value to price, plus the time that needs to be invested in buying or using a product or service.

Tuesday, June 15, 2010

Digital initiatives can create RABID customers

By Mark Helfen

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Communities of common interests have been around as long as humans. Maybe longer.

But the ever wider distribution of the web, supporting networks and social networking software have changed the dynamics, allowing the creation of digital communities that can have a large effect on the success of your business or organization. These "digital initiatives" (in the terminology of our speaker) can:

  • Improve, or damage, your relationships with your customers.
  • Improve positive images or your company, or strengthen negative images.
  • Improve customer service and satisfaction.
  • Give your customers a voice, which can supply innovative ideas that you might never have thought of. 
  • Help create a population of not just customers, but committed, even "rabid" fans.

At Monday's (6/14/2010) SDForum Marketing SIG meeting, Dylan Thomas, Digital Director at Rassak Experience, discussed strategies for developing your community initiative plans, but spent most of his talk describing digital initiative successes and failures.

Wednesday, May 12, 2010

Not in any Job Description -- The Unwritten Role of Marketing

by: James Downey


Think Avatar, iPad, Pablo Picasso—there’s gold on the right side or your brain.

Inviting audience members to rethink their marketing careers using the right sides of their brains, Joe Cullinane, executive advisor, consultant, educator, and author of two books on sales and social media, told the May 10, 2010 meeting of the SDForum Marketing SIG at DLA Piper that even in left-brained Silicon Valley there is “a shift toward creativity and relationships.”

As a first step, Cullinane instructed the crowd of marketers, use your right brain to build a better relationship with your boss. The baby boom generation grew up in an analog world of televisions and transistor radios; Generation Y in a digital world of ubiquitous computing. When boss and employee hail from different generations, Cullinane said, the marketer must negotiate communication styles—is it a phone call or a text message.


Friday, April 16, 2010

When do you need a product strategy?

By Mark Helfen

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When your tiny technology startup is scrambling to get its first product out the door, or struggling to make its quarterly numbers, or responding to an unexpected sales opportunity, why should you take time away from such critical problems to develop a long term strategy?

Tuesday, March 16, 2010

Branding at SDForum

One of our attendees, Michal Lenchner, wrote two articles covering our meeting.

Check these out:

How to build a strong brand and gain trust?

http://bit.ly/94e7CT

http://bit.ly/8YA1Hj

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Mark Helfen

A brand is an emotional conclusion to a logical process...

By Mark Helfen


“A brand is a promise. An emotional conclusion to a logical process.”

So says Kevin Heney, speaking at last Monday’s (March 8,2010) SDForum MarktingSIG meeting.

Heney runs Kevin Heney Design (www.heneybrand.com), a consulting firm that helps businesses with their branding. He is also the founder of the Silicon Valley Brand Forum (svbrandforum.com), a professional association where branding professionals can discuss the challenges of branding. (Check the forums website for their next meeting, coming up on May 4.)

Marketers frequently discuss the idea of a brand, but people using the same words sometimes mean different things. Heney’s definition is more precise, developed after a long focus helping companies with their brand identity.

“Brands are an emotional relationship to a company,” said Heney. “Companies produce products, but customers buy brands.”

Positioning is another term frequently discussed in marketing circles. The two are distinguished by logic versus emotion. Positioning is a logical result, branding an emotional one.

Brands can carry a large part of the value of a business. By Heney’s calculation, the value of the Coca-Cola brand (sometimes referred to as brand equity) accounts for 91 percent of the market valuation of the Coca Cola Company.

In fact, a brand can exist without a company behind it. Pan Am is a widely recognized brand and logo, even though the airline of that name has not been in operation since 1991.

The critical information for businesses is that they must manage their brand.

‘You can’t decide to not have a brand,” said Heney. Your audience, or customers, creates the perception of your brand. You need to assess their perception, and adjust both your brand and your company’s behavior to support the brand you want to have. In both your marketing materials, and in the on-line/web 2.0 world, be aware of your brand image, what other people are saying, and manage your brand.

Heney presented a number of ways to assess the value and perception of your brand, in the process of developing a formal brand strategy.

But the list was pretty long for a new company just getting its brand act together. So if you are a start-up, how do you start creating and managing your brand?

The key is consistency. Brand building starts within your company, and is both “top down, and bottom up.” Meaning that everyone in your company needs to give the same answer when asked what you do, and what your best at. Everyone needs to use the same logos, wording, and images to identify your brand. You should establish a central repository of branding materials that everyone draws on when presenting your company to the world.

You can see Heney’s complete presentation on the SDForum web site, here.


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Mark Helfen is a freelance writer, journalist, and marketing consultant. He can be reached at:
mhelfen@wordpixel.com

Linkedin: www.linkedin.com/in/markhelfen

Facebook: www.facebook.com/mark.helfen

follow me on Twitter: twitter.com/mark_helfen

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Tuesday, January 19, 2010

Search Engine Optimization for Beginners

By Mark Helfen

The objective is to get attention and traffic to your web site, to sell your products or services, by getting on the first page or two of results when potential customers use a search engine – Google or another.

The strategy is to use a new version of public relations – that is, getting other people (or in this case, search engines) to get your web site and your business noticed, without paying for it.

The tactics are Search Engine Optimization, or SEO. At last Monday’s SDForum MarketingSIG, Athol and Dan Foden described a large number of techniques and tricks to help make sure your web site is seen when prospects are searching for what you sell.

At one time, businesses pursued SEO strategies to get a good placement in search results, But then search engine marketing (SEM), or paid search engine advertising, took over.

SEM has become less effective over the last few years said Foden. In fact, his consulting business, Brighter Naming, has dropped almost all paid search advertising.

At the same time search engines are smarter. Intelligent, relevant, and regularly updated content on your web site can get you up in the search engine output, instead of 5 or 10 pages down the list.

The result is “the best ROI on your marketing dollar,” and you can start “on a shoestring.” As in close to free. It all starts with a web site. It’s even a low investment of time. After getting set up, Foden says that 10 minutes a day can keep your web site fresh enough to keep you well up in Google’s search results.

The balance of the presentation was a large number of hints and tactics to make your web investment pay off. I will only list a few of my favorites here. If you are interested in the complete list, check out his book Brighter SEO Organic Search Engine Optimization.

1. Two views of your web site:
There are two views of every web site – the human view, and the robot view. The robot is the process from Google and other search engines that indexes your web site with occasional visits.
Two web sites were shown side by side, both dentists who compete in the Dallas area. One was based on interesting graphics, the other text heavy. By looking at the page source (which most browsers let you see) the difference in what the search robot sees was clear. Robots can’t read graphics, so you need to be sure that there is plenty of text to describe your business and target market. This is part of the text that allows your web site to be found.

2. Keywords:
In addition to the text displayed on your page, there are keywords and meta-tags that are not visible to the end user. But they are visible to the search robot. While the tag values and the text on the page are different, they should be aligned, covering the same topics. For at least one example of tags, check out Foden’s Brighter Naming web site, and view the page source. The tags are

A search on Google for “meta tags google” generates a lot of information, including some documentation directly from Google.

3. Content:
Content, in this context, means words strung together that provide meaning and value to your potential customers. This could be a description of your business or services, or articles you write that show your expertise and inform your prospects and customers. More useful and compelling content means more that you web site has more “stickiness” – people spend more time looking at it, and you have more chances to sell them something.

Search engines value content also. They are looking for results that will deliver value to their users, and they are getting better at finding it. So more content helps raise the position you appear in a search, and increases the search terms that will find you. According to Foden, the days of just repeating paragraphs of junk with the right words to fool a search engine are past.

4. Regular updates:
Search engines also value change. So after you get all that valuable content in place, it immediately begins to go stale. You need to keep adding information to your web site. That’s where 10 minutes a day comes from. Newer content will help your web site show higher in search results.


5. Tools to help:
There are a number of mostly free tools to help you understand what key words are most frequently searched, how your web site is viewed by search engines, where people spend time on your site. The ISP where your web site is hosted probably keeps statistics on your web pages – contact them for information. Google analytics is a service that gives you “rich insights into your website traffic and marketing effectiveness,” and its free from Google (www.google.com/analytics.) A paid service is Keyword Spy (www.keywordspy.com)

6. Register you web site:
You need to register your web site with a potentially long list of search directories. Starting with Google, Yahoo, Bing, etc… A key directory is the Open Directory Project (www.dmoz.org/). These directories are where search engines go to find new sites.

Foden’ new book has a four-page list. A Google search for “search engine registration” will return about 52 million hits that you can check out.

7. Inbound, relevant links:
One of the factors that Google uses to determine the popularity and value of your web site is to its users is by the number of other sites that point to yours (inbound links). In the past, whole systems of interlinked sites were set up to try to achieve this end. Supposedly the now smarter search engines value “relevant links” more highly than a random collection. Foden suggests posting on blogs with links back to your site. Or exchanging links with friendly, non-competitive businesses or partners, each site pointing to the other.

This is only a small sampling of last Monday’s meeting. And the meeting is only a tiny fraction of what has become an entire industry – SEO optimization. There are many web sites and newsletters that cover the area. Or you can buy Foden’s new book for an introduction.


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Mark Helfen is a freelance writer, journalist, and marketing consultant. He can be reached at:
mhelfen@wordpixel.com

Linkedin: www.linkedin.com/in/markhelfen

Facebook: www.facebook.com/mark.helfen

Follow me on Twitter: twitter.com/mark_helfen

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Thursday, November 12, 2009

Marketing the new-new v.s. the old-new: clean tech v.s. high tech marketing

By Mark Helfen


The new-new was on display Monday, as a panel of marketers from clean tech businesses described clean tech marketing, and compared it with marketing the old-new - high tech products.

The panelists, both with high tech marketing backgrounds, said that clean tech marketing has similar tactics, but different strategic thinking - with a different language, a different technology, different customer motivations, and a different eco-system.

The panel, held Monday November 9, included Kate Gerwe, COO of Lucid Design, and Marcia Kadanoff, Vice President of Marketing at Sustainable Spaces. Moderators were Kathleen Gilligan and Karen Janowski of the EcoStrategy Group.

Before Lucid, Gerwe had been in marketing leadership positions at Yahoo, and Netscape. She also led the volunteer "Green Team" at Yahoo, which was a factor in her move to Lucid.

Lucid describes itself as "The pioneer in real-time resource use feedback technology." They offer instrumentation and software to help evaluate building energy use and other factors of environmental impact. Gerwe says that universities are one of their principle markets.

Kadanoff held marketing leadership positions at Zannel, a social media company, and had positions in marketing and management at other technology companies, both startups, and Apple. Her company, Sustainable Spaces does "green energy remodeling," both to reduce a homes energy footprint, along with making it a more comfortable place to live.

So how does clean tech marketing compare with high tech marketing?

"At some level, marketing is marketing," said Gerwe. The hardest part is figuring out what customers are looking for, and how you solve their problems. But from that point, the tactics fall out and are similar to high tech marketing.

Kadanoff had a similar view.

"I was hired because I knew the technical side of marketing." The company wanted her background in social media, knowledge of how to build a web site to drive business, and strategic pricing.

But at a deeper level, the marketing is different. For one thing, it's a "different language, a different ecosystem," said Kadanoff. Instead of dealing with computer scientists, you're dealing with building scientists.

And the customer drives are different. Return on investment is lower on the requirement list. It's less an economic decision, or the coolest product. It's more about sustainability and improving the global environment.

Moving from high tech to clean tech marketing requires some extra steps. Both panelists said that current tactical marketing skills, while a requirement, were not enough.

"I don't think I would have been hired without some previous experience in clean tech,' said Kadanoff. In her case, she had been a customer of the company some years before, and had her house remodeled to be more energy efficient. It would be fair to say that she was happy with the results. In addition, she had done a consulting project looking at franchising a home remodeling company.

Gerwe concurred. Her time managing Yahoo's volunteer Green Team made the difference.

Knowledge and demonstrated passion for clean, green products and ideas need to be in your background.

"Take a pro-bono, or low-bono project in clean tech," said Kadanoff. "I know I would not be sitting in this chair if it were not for that experience."

Seek out people in the business, and learn the language. And you need to be really committed.

"I'll be honest with you, clean tech pays 20 percent less" than comparable high tech jobs, said Kadanoff. "The salary scales are lower."

Gerwe had a similar answer.

"We used Linkedin when we post jobs, and we do want to see some sort of commitment to something in the green space," said Gerwe. "If I hadn't been on the Green Team for a couple of years getting into that mind space I wouldn't be here."

"We recently hired someone who had a couple of different volunteer things where he was interning for free, and was really passionate about it. You could see that. It comes through."


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Mark Helfen is a freelance writer, journalist, and marketing consultant. He can be reached at:
mhelfen@wordpixel.com

Linkedin: www.linkedin.com/in/markhelfen

Facebook: www.facebook.com/mark.helfen

follow me on Twitter: twitter.com/mark_helfen

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Tuesday, September 22, 2009

Your Launch Strategy - An Apple a Day...

By Mark Helfen


Responding to his client's request that he wanted to "launch products like Apple," Josh Weinberg developed "a whole new field of study." Perhaps "launchology" might be the term. (Not a word used by Weinberg.)

At the SDForum Marketing SIG meeting on September 14, Weinberg, President of the Digital Life Consulting Group, described his study, summarized in 11 rules, for successfully launching consumer technology products. His presentation showed examples of great launches, mostly starring Apple Computer's Steve Jobs.

But I would summarize his lessons with a single idea - that the launch, and planning for the launch, is an equal partner to every other part of creating the product, at least for products targeted to consumers. Equal to engineering, product development, product marketing, and all of the other functions in getting a product out of the door. Launch planning needs to start early, not when the product is almost complete.

Weinberg advocates appointing a launch manager to run the launch team, with the product manager one of the attendees at the team. The launch manager is responsible for the product launch, instead of the more typical approach of handing the job to the product manager.

By focusing on the launch, your product gets off to a successful start. This can help move your product out of the price wars. He supplied some examples (Cuil.com, the search engine - remember them?) where the damage of a muffed launch is never undone.

Apple figured prominently in Weinberg's presentation. In fact, it would be fair to say that launchology is largely a study of Apple launch strategies, which he has decoded from outside the company.

He may have picked the right target. Last week, the market research firm Interbrand moved Apple up four places on its list of the 100 best global brands, calling Apple "among the most iconic of relatively young brands in the world." Following the 11 rules in his list must play a part.

You can get the complete list of rules from Weinberg directly, but here are a few favorites:

1. It's a product experience.
Meaning it's everything about the product, not just the technology. The box it's packed in, and everything included in the box. The manuals. How it assembles, how you upgrade from the prior version, how you get support, and lots more. The complete experience of purchasing, opening the box, and owning the product.

6. Products have names.
Ipod, Flip, Blackberry are names. SGX2275 isn't a name, it's a number.

8. Communicate clearly.
As a writer, one of my favorites. If you live in Silicon Valley and work in technology, you speak a different language than the rest of the planet. Information about your consumer product needs to be written for normal people.

10. Launches are theater.
You will have to watch Weinberg's presentation and its video clips of Steve Jobs to see some examples. As a one time product manager (of business technology products) I have to admit that I never considered the product launches that I worked on even mildly entertaining, much less theatrical. But then not every company has Jobs to front for them.


You can contact Weinberg through his Digital Life Consulting Group Web site, www.Dlifegroup.com.



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Mark Helfen is a freelance writer, journalist, and marketing consultant. He can be reached at:
mhelfen@wordpixel.com

Linkedin: www.linkedin.com/in/markhelfen

Facebook: www.facebook.com/mark.helfen

follow me on Twitter: twitter.com/mark_helfen

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Sunday, July 19, 2009

it takes a valley to raise a company

Strategic Partnerships for Early Stage Startups

By Mark Helfen



During his July 13 presentation to the SDForum Marketing SIG, Brad Reddersen played off the well known quote (and book title) that "it takes a village to raise a child," changing it to "it takes a valley to raise a company."

Reddersen is CEO of Stranova, a consulting firm that focuses on strategic planning through the use of Business Ecosystem models. In his experience, finding the right set of strategic partners is a key factor in the success of a startup business.

"These are people who are going to be with you for a very long time," said Reddersen. "A strategic community, not just partners."

The ideal place for a startup is to either create a new business ecosystem, or find an existing one where it can take a critical place, and this requires strategic partners.

Reddersen described a process or methodology to find a good match in strategic partners, first by carefully defining your business in the broader marketplace, and then evaluating potential partners. There are three steps or factors to consider.

I. The first step is to define your companies core essence. Reddersen lists three factors in your essence - the new field you are trying to create with your business, your core processes, and you're your core values.

The field is the environment, or ecosystem that the new business will either create, or fit into. This is the complex web of products, processes, services, and companies that provide value to customers.

The core processes are the way you supply value to your customers. Reddersen uses the example of the iTunes store, which while not a startup enterprise, was a startup business for Apple. The core process in this case was to supply single songs, at a fixed price, available for easy download, while preserving digital rights management. Since no on would pay to hear Steve Jobs sing, finding partners with content (record labels) was key to the iTunes store (and the iPods) success.

Core values define the positioning and competitive place of your business or products. For example, it could be where your products will be priced, how they will compete. Another example of values are attached to companies in the green space, and how they will effect the broader environment.

II. The second step it to understand at what level you want to compete in your ecosystem. He defines six levels of competition, from the lowest - your product meets minimum standards, to the highest - your company sets global standards, and your business is critical to the business ecosystem. Partners should want to live at the same level in Reddersen's model.

III. Third, decide on the type of strategic partner that is the best fit. There are three types - operational, product or service related, and blockers or enablers.

Operational partners help your company function more effectively by providing part of the product or service your offer.

"Don't do it all yourself, " said Reddersen, "[find] who can you go to, who can you partner with."

Product or service related partners provide a value added product or process, and depend on what type of value add your company and your potential product offer. Redderson has a six part model of different types of value adds.

Finally, blocker or enablers. These are partners that enable you to get into a space you couldn't on your own, or block a competitor from the market.

According to Reddersen, a good strategic partner will share five characteristics with your company:

1. Common business objectives.
2. Complementary strengths.
3. No obvious collision courses.
4. Common business practices.
5. Common competitive threats.

You can get more information, and a copy of his presentation materials, by contacting Reddersen directly at: brad@stranova.com


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Mark Helfen is a freelance writer, journalist, and marketing consultant. He can be reached at:
mhelfen@wordpixel.com

Linkedin: http://www.linkedin.com/in/markhelfen

Facebook: http://www.facebook.com/mark.helfen

follow me on Twitter: http://twitter.com/mark_helfen

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Monday, June 15, 2009

CLV – CCA = profit


By Mark Helfen

Its not a pipeline, it's a refinery…

When David Tabor spoke to the SDForum Marketing SIG on Monday (June 8) his objective was to show how to optimize the following equation:

CLV – CCA = profit

Where:
CLV = Customer Lifetime Value
CCA = Customer Cost of Acquisition
Profit = the part you get to keep.

Tabor is CEO SalesLogistix and the author of the recently published

Salesforce.com Secrets of Success: Best Practices for Growth and Profitability


His focus was on CCA, and his prescription for reducing the cost of getting a customer is to re-architect the way you handle leads in your company.

His methodology is targeted at large enterprise sales, where a direct sales model is required - real people who visit real, if still potential, customers.

Despite the advances of E-commerce models, Tabor lists three reasons why direct sales is still a winning, or at least a required, model:

  • For some types of products, you just have to.
  • Some types of customers won't buy any other way
  • There is no other way to do $100K deals.

But the cost of acquiring a customer this way can be more than $40,000.

Tabor's strategy is to move away from looking at the pure number of leads sent to sales. Lead number aren't what causes business to close. It's the number of sales cycles started. Leads need to be highly qualified. By the time the information is given to the sales force, prospects need to be ready to enter a sales cycle – ready for an appointment with a sales rep.

The strategy he proposes has three layers:

1. An initial response. In particular, this response need to be quick - within 48 hours maximum.

"By the time 48 hours have passed, most people will have forgotten their initial inquiry," said Tabor. " Business aren't losing to competitors, they're losing to inaction."

Tabor describes these leads as "low grade ore."

2. The "lead refinery." Instead of a pipeline that all leads follow, the refinery engages prospects over time, turning the low grade ore into qualified sales prospects. These are people who are expert at qualifying leads.

New leads are "new members of your community of interest." This new lead qualification layer communicates and keeps prospects informed about your business and products, and when a customer seems ready to consider a purchase, delivers a lead, in the form of an appointment, to the sales rep.

When it comes to qualifying leads, "marketing doesn't know how, and sales hates doing it," says Tabor, so the lead qualification team does it. Tabor suggests "burned out" customer support reps, or systems engineers, who have strong product knowledge, know how to talk to customers, but want to apply these skills in a different way.

3. Layer three is the sales force, handed fully qualified leads. Sales reps get only qualified leads, and don't spend time with the low grade ore of unqualified leads. Giving a rep a large pile of random leads "gunks up" the sales team. Instead, they are given prospects ready to start a sales cycle.

To understand how your system is working, you need to "go backwards," starting with closed business to see where those leads came from. Don't rely on peoples impressions – instead use some real statistical data.

You can see Tabor's web site here.

You can view a copy of his presentation materials here.



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Mark Helfen is a journalist, writer, and marketing consultant.
He can be reached at:


email
: mhelfen@wordpixel.com
Linkedin: http://www.linkedin.com/in/markhelfen
Facebook: http://www.facebook.com/mark.helfen
Twitter: http://twitter.com/mark_helfen



Saturday, May 16, 2009

Would you hire you??

Would you hire you?? Notes from the SDForum May 11 meeting.

By Mark Helfen


Your resume is the principle piece of marketing material in your job search according to Denise Pringle. Yet many resumes do a poor job at addressing the key issues.

Pringle, a long time HR manager, was the speaker at the May 11 meeting of the SDForum Marketing SIG.

From the hiring managers perspective, your resume, your interview, and your references need to address two main issues - are you a good fit for the job, and will hiring you be a low risk decision. Not that you skills, education, and job history aren't important. But they are less unique, and take second place in the decision.

Hiring managers are "highly risk averse," according to Pringle. The cost of hiring the wrong person can be very high. It's difficult to fire an employee, and the manager might even lose the employee budget for the position.

During times of rapid economic expansion, managers make one judgment about hiring risk. In today's tight economy, with an abundance of highly skilled candidates, managers make a different decision, and are even less willing to accept risk in who they hire. Your marketing message, your resume, needs to create a "cushion of least risk," assuring a manager that they won't be making a mistake by hiring you.

Managers assess three things as they go through the hiring process:

  • can you do the job - do you have the necessary skills
  • will you do the job - meaning your work ethic. Will you show up every day, and get the job done.
  • your fit for the job. This includes chemistry, appearance, and personality. "Fit is huge," said Pringle. "It's not a fair world out there."

There are three ways that a job candidate presents their fit for the job - their resume, their interview performance, and references.

Resume

Many resumes look like job descriptions, listing the functions of the job you want, instead of showing the benefits to the manager of hiring you.

Resumes need to be concise and "crisp" and explain your accomplishments. "Crisp" is one of Pringles favorite words - in today's market a long resume will never be read.. Accomplishments should be quantified if possible - listing a percentage of sales increase, a reduction of time to market, an increase in customer satisfaction. Once you submit a resume to a company, it gets put into the company database and in future job searches that need your skills it might pop up.

Interview

Most hiring managers are very poor interviewers according to Pringle. It's your job during an interview to "gently guide the interviewer," to focus the discussion on your accomplishments, how you can help the hiring manager, and how you will fit the organization.

Pringle recommends thinking about the questions you will get asked, and practicing them out loud in front of a mirror. Just thinking about them, or writing them down isn't the same.

References

References are important, as a way of getting that cushion of least risk - someone who knows you can vouch for you. The person who is the best networked, best referenced, has the best relationships is the least risk.

Some references are more valuable than others, but any reference is valuable.

"Charles Manson is better than no reference at all," said Pringle.

A copy of Pringle's presentation materials can be found on the SDForum web site, here.

Pringle can be reached by email at denise_pringle@yahoo.com


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Mark Helfen is a Marketing Consultant and Freelance Writer. He can be reached at mhelfen@wordpixel.com
Linkedin: http://www.linkedin.com/in/markhelfen
Facebook: http://www.facebook.com/people/Mark-Helfen/1423354725
Twitter: http://twitter.com/mark_helfen

Thursday, April 23, 2009

Social Media Marketing Best Practices

A few notes from Sudha Jamthe's April 13 presentation at the SDForum SIG meeting.


By Mark Helfen



On April 13, Sudha Jamthe spoke on the subject Social Media Marketing Best Practices - For You, Your Product and Your Business. Her presentation was wide ranging and covered many topics. Here are some of the key ideas.

  • Marketing jobs are changing. In two years, social media will be part of your job. Each of us has the power to change now and add value to your companies marketing, and to increase your value to your employer.

  • Over the evening, the three main social media sites were discussed - Linkedin, Facebook, and Twitter. Jamthe is a fan of what she calls the "platform play" - using the API that these sites support to build applications that interact with them. Companies can use these applications to increase their brand awareness and loyalty.

  • The old model was to speak with customers at specific occasions, for specific purposes. In the new model customers are holding a conversation on-line, whether or not you are there, even if your not listening. You need to measure your visibility, and you need to be there now.

  • The objective is to form a deeper, longer lasting relationship with customers. An example is someone who is in the PR world, who forms a relationship with opinion leaders, journalists, etc... This relationship transcends a single job or product, the PR person knows at least some of the personal interests and facts about the person. Their value is in maintaining these relationships over their career.

  • Social media is an additional part of your marketing mix. One more area to assign budget to - not a replacement for any current part.

  • Even someone as "passionate" about social media as Jamthe can be overwhelmed. There are "too many sites, too many technologies." She focuses on Facebook. Her advice is to use the tool/site that makes you most comfortable, but for her everything is linked - she posts at Facebook, but her postings show up everywhere else.

  • There was some discussion of Facebook versus Linkedin. For Jamthe, Linkedin is another channel, Facebook is a two way conversation. But between the three sites, the particular choice for a marketing campaign depends on the particular customer base.

  • The first part of a social media marketing campaign is to try to analyze the current discussions about a product or idea - Jamthe's first action when helping a new client.

  • Facebook now supports profile pages. You can create a profile for a product, person, brand, company etc... At no charge. Visibility at no cost
Some of the tools that she discussed include:

These sites can give you analytic data to understand your current visibility, and the effect of your marketing programs.

A good source to follow to keep up on these is Mashable:


(As an exercise for the reader, go to search.twitter.com, and enter your favorite consumer product. You might be amazed as to how much is being discussed. )

Jamthe related several stories about her experiences:

  • When she started consulting at Intuit, she first developed an "asset list" of their social media resources. The executives were "blown away" to find that there were 14 people using social media resources to contact customers. This is an example of the disconnect between parts of the company.

  • On the last election day, Starbucks gave a free coffee to people who voted. Jamthe went to the local Starbucks, took pictures of people waiting for their coffee, posted this on her Facebook page, and got a surprising amount of reaction - she described it as "the thread that wouldn't die". This "keeps the brand alive for people who are loyal, and gives a venue for people who are not loyal to comment." In any case, it generates lots of PR for Starbucks.

  • She told the story of "Natalie at Dell," a Dell computer employee who developed a following on Twitter about computers. Eventually Natalie changed jobs. She became "Natalie at Petco," taking her Twitter account with her. Suddenly all of those followers were seeing postings about pet food. According to Jamthe, the managers at Dell learned a lesson from this, as should all companies using social media, about who owns the on-line identification.

You can reach Sudha Jamthe at:
A blog: http://coolastory.com
Linkedin: http://www.linkedin.com/in/sujamthe
Facebook: http://sujamthe.socialtoo.com
Twitter: http://twitter.com/sujamthe


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Mark Helfen is a Marketing Consultant and Freelance Writer. He can be reached at
Email: mhelfen@wordpixel.com

Linkedin: http://www.linkedin.com/in/markhelfen

Facebook: http://www.facebook.com/people/Mark-Helfen/1423354725

Twitter: http://twitter.com/mark_helfen



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Monday, April 6, 2009

Photos from the March meeting

Here are a few photos from our March meeting, courtesy of SIG co-chair Filomena U.










Tuesday, March 17, 2009

Write a book for fun and profit


Meeting report

SDForum Marketing SIG March meeting - 3/9/09

By: Mark Helfen

You may have thought that writing a book was a difficult task, taking months or years to complete, with little chance of ever getting it published and even less chance of making the effort pay off.

But at the SDForum March meeting, Mitchell Levy painted an entirely different picture.

According to Levy, CEO of Happy About Publishing, the correct thought process is that writing a book will help you gain credibility and drive customers to your service, consulting business, or company. A book you can write in as little in a few weeks to a few months.

If you have a reasonably good idea and marketing plan, Happy About will be happy to publish it for you.

“A book is the number one tool for a person or company to drive business,” said Levy.

The difference in thinking starts with Happy About’s business strategy. According to Levy, most publishers have a “venture capital” model – they fund a number of attempts with the objective that at least a few are “home runs” – very profitable books.

But Levy isn’t looking for home runs. He’s satisfied if “every book is a single.” A book can turn a profit if it sells between 200 and 300 copies. While the author can make money from the book, Levy prefers that they think of it as a form of business development.

Levy claims that being a published author gets the same credibility as getting a PhD, but faster and with much less work.

Getting Started

So if you think you want to be a published author, what is Levy looking for? If you send him an email (see below) he will respond with an outline of the marketing plan he needs. But he summarized with three main points.

1. You have credible expertise in the topic you want to write about. Someone reading a short biography would believe that you have enough knowledge to write your book.

2. You can write a good book. It doesn’t have to be a great book, just a good book. Or, as Levy phrased it, at least good enough so “it doesn’t suck.”

3. You have a marketing plan that will sell at least 200-300 copies.

The first part of your marketing plan is to purchase the first 100 of those copies, a requirement. Happy About is not a subsidy or vanity publisher, where the author pays for and buys all of the books - they invest their own money in the project. But authors do have some financial skin in the game – about $1000 for those 100 copies. Authors pay about half the list price, which is usually around $20.

If you don’t have 100 clients, prospects, or business partners to who you could either give away the book at no charge and gain resulting business, or who would pay for the book, you might not be a prospect for Happy About’s publishing program. But Levy’s entire premise is that the credibility you gain will pay this amount back many times over.

The rest get sold, either by you, directly by Happy About at their web site, or on Amazon. You promote this channel by a combination of public speaking, blogging, or being active on social media sites like Linkedin or Facebook. If you want to sell off your own web site, Happy About has the tools to allow you to do this. Their strategy is to do “print on demand,” so there is no inventory to carry.

You might make money from books sales – Levy claims that 80 to 90 percent of what he publishes turns a profit. But your principle objective should be the credibility you gain as a published author, and how a book can fit into your overall marketing plan. Writing your book will typically take 50 to 150 hours, or about 1 hour a page from start to finish.

So… pick a topic you are passionate about, fill out Happy About’s proposal and marketing plan, and start writing. I hope to see you interviewed on national TV in the near future…..

Happy About’s web site is here. Take a look at their range of titles for an idea of what they publish.

Levy’s email address is: mitchell.levy@happyabout.info, where you can request a copy of “Happy About Author Questions” to get your proposal started. ---

Mark Helfen is a Marketing Consultant and Freelance Writer. He can be reached at mhelfen@wordpixel.com

Monday, February 2, 2009

What's your mindset?

Meeting report
SDForum Marketing SIG 1/12/09
By: Mark Helfen


What's your mindset?

Or more importantly, what is the mindset of a successful entrepreneur?

That was the question covered by Frauke Schorr at the January 12 SIG meeting. Schorr, who provides "Coaching for Professional and Personal Excellence," discussed the results of her research that characterized the mindset of successful entrepreneurs.

She described the output of her work as defining "how successful people think."

A mindset is a specific way of thinking, leading to a specific way of acting. It might be described as how you see the world. Schorr claims that the success of entrepreneurs is only based 20 percent on specific skills, and 80 percent on the thinking and acting mindset.

Her May 2008 study was based on in-depth interviews with ten successful entrepreneurs. They ranged from 23 to 67 years old, were located in several countries, and owned between 2 and 42 business over their professional careers. They founded, inherited, or purchased their businesses, and at least one of their business needed to have "sustained, consistent asset growth for at least the last three years."

The types of business ran the gamut from photography to technology, and were not all the typical Silicon Valley high-tech startup.

Analyzing the responses to her questions, Schorr divided her subjects into "growers", and "maintainers." In each of these groups, they were either "satisfied" and "unsatisfied," for a total of four categories.

Schorr was asked if an individual's mindset could change over time. Her answer was that different people would have different answers, but in her opinion a new mindset could be learned.

Growers see their career as a path they are traveling on, and work at ways to keep moving along the path. Maintainers see their career successes as discreet points or plateaus, and work to maintain the success that they have.

"Growers are always looking at the next opportunity, there is always something else," said Schorr. "Their past achievements were not a success, but more of a stepping stone."

Growers tend to shift their roles within their companies frequently over time, "innovating who they are in their business."

Maintainers reflected on specific points in time when they felt they were successful. They said they "want to maintain that level," They like what they have and how things are working for them, and want to keep that level of success.

Some maintainers start out as growers, but over time shift their mindset.

The satisfied - dissatisfied scale reflected whether these entrepreneurs were focused on the present, versus feeling a constant internal pressure to either achieve more and focus on the future, or to keep themselves sharp and competitive.

"The satisfied growers were really curious,' said Schorr. "Lets see what's on the next level, lets explore the next thing."

The dissatisfied growers felt more "internal force."

"They said things like 'I really need to be uneasy, because as long as I'm uneasy and keep myself on the edge it keeps me going, If I get too comfortable I'm not going to achieve anything any more."

Overall, Schorr found that the satisfied growers increased the values of their business the most.

Despite their differences, all of the people she interviewed had a number of common behaviors, though they acted differently on them depending on their mindset.

You can view the presentation materials that were used at the meeting on the SDForum website, in the archives (listed under "resources")

You can find more information on Frauke Schorr at her web site:
www.fraukeschorr.com


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Mark Helfen is a Marketing Consultant and Freelance Writer. He can be reached at mhelfen@wordpixel.com

Tuesday, December 16, 2008

Surviving The Storm – Smart Use Of Your Limited Marketing Budget

By: Mark Helfen

It was the best of times, it was the worst of times…


The SDForum marketing SIG December meeting, “Surviving The Storm – Smart Use Of Your Limited Marketing Budget” gathered a panel of seven executives from web startups and VCs to discuss how the difficult economic times has changed their strategy and operations.

But while times may be tough, the panel, an optimistic lot, mostly discussed how their companies would survive and turn the economic situation to their advantage.

Ezra Roizen, Partner at Ackrell Capital, moderated the panel. He began by noting, “In the current environment, surviving is winning.” Business models have changed from “customer acquisition to survival.”

But overall, panelists said that this could be a great time for their businesses. Companies need to carefully focus their strategies, but those that survive the downturn can emerge at the other end as market leaders.

“You need to be really clear about what you are doing,” said Tom Patterson, CEO and President of Wise.com. “It doesn’t cost money to be really clear about your message.”

“This is a great time to be selectively aggressive,” said Benjamin Wan, Vice President of Marketing at Hit Profile. According to Wan, advertising for brand awareness is down, but performance advertising – ads that deliver leads – is “robust.”

Ranjith Kumaran, CTO of YouSendit.com, had a similar message, stressing the need to focus.

“The less moving parts to your business, the better it is,” said Kumaran.

Sharam Fouladgar-Mercer, a Senior Associate at Sierra Ventures and the sole VC representative on the panel, noted that while times are difficult, “the VC firms are still open for business.”

“We just signed a deal last night,” he said.

Companies may need to cut their budgets so they don’t run out of cash, and push for finishing their products features so they are ready to go when the economy picks up. Firms need to plan for a longer time horizon. “Visibility may be a few quarters away.”

But most of the executives said that the current problems would be an advantage for their ultimate success.

Surviving is a competitive advantage, according to Kedric Van de Carr, VP of Marketing and Business Development at Vator.tv. “Companies are pulling back, dying. It’s a huge opportunity to gain market share.”

Patterson of Wize.com can see other advantages.

“During a downturn it’s tough to raise capital, and tough to sell a company. Everything else is easier,” said Patterson.

“It’s a good time to rethink your human resource strategy, and get more value for the buck,” he said. “The quality of the resumes we get are much better, and the people we couldn’t get to talk to us before are coming back.”

“It’s a great opportunity to upgrade your team,” he continued, and to renegotiate contracts. “Companies dying is a good thing. The talent pool has been spread really thin.”

It’s an opportunity to “get high value employees inside and out.”

The state of the economy is an “opportunity to cut without feeling bad,” said Chris Tolles, CEO of Topix. “If you lose your job now, the best thing is to start a company.”

Patterson agrees.

“There has never been a time you could start a company so cheaply,” he said. He mentioned web services using Amazon S3, and the availability of lower cost engineers.

Tolles believes that small companies have an advantage in these times. “Big companies are run more poorly and you can go after them.”

For at least one of the companies, web traffic, if not money, seems independent of the economics. Topix is a news aggregation site, carrying local, national, and international news. According to Tolles, web traffic is most affected by world events.

“Disaster is good,” said Tolles, noting that important or popular news, such as the big fires in San Diego, or Hurricane Katrina, drives traffic to his site.

The circulation problems that newspapers are having also drives traffic to Topix.

”The fewer newspapers the better,” said Tolles.
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Mark Helfen is a Marketing Consultant and Freelance Writer. He can be reached at mhelfen@wordpixel.com