Virtual Impax

Effective Strategic Digital Marketing

Business Basics

Domain Name Registry Scam

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The bastards are on the loose again.  You know, the CREEPS  who send you a very official looking “invoice” regarding your domain name registration.   Obviously a LOT of people fill in the form because it looks so damned official.  I’m a “professional” and I have to admit, if I didn’t know better… I’d sign it as well.

It’s bad enough that you have to worry about security online… now you have to guard yourself off line as well.  It’s a form of snail mail domain name phishing.

In case you don’t know, here’s the scoop.   In the fine print it is written that by signing this form you’re authorizing the  transfer of your domain name to THEIR service.  Want to point your DNS to another hosting program.  TOO BAD!  You can’t.  Want to transfer your domain name… can’t do that either… you signed away those rights.

I’ve gotten two emails this week from clients asking about the letters they’ve received via snail mail regarding this scam.

“But I thought my domain name was registered through you?”

My reply, “It is and will be unless you fill out that form and send it in.  Then all bets are off.”

In case you can’t tell, one of my clients made that mistake a few years back.  I don’t think we ever got control of the domain name back.

It INFURIATES me when some slimy bastard tries to use FUD (fear, uncertainty, doubt) to make a buck.

Well, obviously the scam isn’t working so well anymore, so the slimy bastards have hired a call center to telemarket their service.

I got just such a call this morning.  “Hello.  I’m from Domain Name Registration Services and you will be getting a notice in the mail about changes to your domain name account.”

“Why will I be getting that?” I asked.

“Uh, because there are changes in your domain name registration account,” she replied.

“Why?” I asked again because I can be a horse’s ass sometimes.

She started stumbling so badly it was literally incoherent jibberish.  I began thinking of the dear, sweet woman who wrote to me earlier this week and thought about how different this phone call would be if she were in my place.   That visualization set me off and with that,  I let loose on that poor telemarketer.

You know you’ve reached a new low when a telemarketer hangs up on you.

IF YOU DON’T KNOW ALREADY:

  • Don’t click on links in emails regarding your domain name .  Go to  the web site where you registered your domain name and renew it.
  • If you didn’t register your domain name via snail mail, don’t respond to snail mail messages regarding your domain name.
  • Your domain name registrar will NOT be phoning you about your domain name… even if you haven’t paid the bill.

By the way, these rules apply to your CREDIT CARD, YOUR BANK and YOUR PAYPAL accounts as well!!!

It’s only classified as paranoia if they ARE NOT out to get you.

How Badly Do You Want Success?

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How badly do you want success? It’s a question that is easily answered for most of us…. with a resounding “OF COURSE I WANT SUCCESS!”  While our WORDS may say we want success, are those words backed up by our actions?

That’s a question asked by Ed Roach over at the Small Business Branding Blog.  He writes:

I had breakfast with a friend recently who wanted to discuss personal branding. They felt that if they determined what their brand was or could be, it would change everything. But the truth is the real problem wasn’t necessarily their personal brand but their passion.

In summary…. the post outlines how Ed’s friend asks “How much?” and Ed replies, “$5 grand.”  Friend reacts: “WHOA! That’s too much!”  Ed then points out that friend recently dropped a similar amount of money on a state if the art massive television.  It’s a matter of perspective.  $5g’s is too much for the friend to spend on crafting a direction for his business but it’s just right for the television of his dreams.

Ed goes on to point out that his friend’s choices clearly illustrate where his passion lies.

Where does your passion lie?  How badly do you want success?

Do you want it badly enough to postpone the purchase of [insert toy obsession here].

I know of a business person who is an AVID boater.  Every free moment is spent on the boat with family or friends.  It took MONTHS for this business owner to “find the time” to launch a web presence.  (An appointment with  me was actually canceled because the weather changed suddenly and this business owner HAD to get the boat out on the lake!)

It took almost three months for that business person to create an About page on the blog.   For that business owner, boating time is a priority… posting content to the blog is not.  This business owner’s words will tell you that success is a high priority… but watching this business owner in action tells you another story.  Just like Ed and his friend in the post above.

Which again brings up the question, “How badly do you want success?”  Do you want it badly enough to give up some time doing something you love?

How about this… do your actions DEMONSTRATE your commitment to success?

By the way, my behavior in the past week is definitely speaking a big fat “NO” to the question above.  I’ve gotten “off track”.  So if this post isn’t hitting you squarely between the eyes… know that it is for me.

How does that saying go…. something about bullshit walking…..

Is a Blog the Best Marketing Tool for Your Business?

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There is an adage in advertising that says, “I know that half my advertising dollars are wasted – I just don’t know which half!” Several authors claim credit for this quote, but no matter what the origin, I can assure you the saying is wishful thinking.

Not only is it possible that more half of your advertising dollars are wasted, on the flip side, it’s also possible that your marketing efforts are working very hard – against your business!

One every popular “advertising” avenue being touted is using blogs to promote your business. With all the hype surrounding blogs, you may be wondering if a blog could help your business.

The answer is easier than you might imagine. But in order to answer this question, you must first recognize that there are two different types of sales your business can be making.

Neil Rackham is the founder of The Huthwaite Corporation, which launched a 12-year, $1 million research study into effective sales performance. Rackham is not your typical “sales guy” but rather he’s a psychologist who studies the sales process. The study results are available in the book, Spin Selling, where Rackham differentiates sales into two categories… the Minor Sale and the Major Sale.

While Rackham applies this theory to sales people who make sales calls, I have taken this theory and applied it to advertising and marketing, because these activities are “selling” activities.

If your business is making Minor Sales, then a blog probably won’t be a really effective marketing tool for your business. However; if you’re making a Major Sale, then a blog can be a GREAT marketing tool for your business.

Are you making a Major Sale?

The elements that make up the Major Sale extend beyond the financial investment required. Asking a customer to spend a lot of money is one way you know you’re making a Major Sale… however, it’s not the only factor in play. To determine how much of a Major Sale you’re making, ask yourself the following questions:

QUESTION 1: How much risk is there in purchasing your product or service for your customers?

In other words, how much trust do they need to have to become your client or customer? How “high” is the risk if your customers make a wrong choice? Most businesses doing business on the internet need to establish a level of trust, but some require more trust to be built than others.

For example, if you’re selling office supplies, the consequences fof your customer of making a mistake and purchasing the wrong kind of copy paper is very, very low. If your customer orders the wrong kind of paper and then finds out that he/she made a mistake… the consequences aren’t very high. If the customer has children, then he or she merely brings home the reams of paper and the kids will take care of it in short order.

On the other hand, the choice of a financial planner is a VERY high risk decision for most consumers.

Several years ago, a financial planning firm in my home town made BIG news when it was discovered that the “investments” offered by the “financial planners” were not investments at all but actually a complex Ponzi scheme. As a result, several thousand of the firm’s clients in the area lost their retirement savings.

If you need to establish TRUST with your potential clients… then a blog is a GREAT marketing tool for your business.

If you’re selling baseball gloves to Little Leaguers… well, then trust isn’t quite as important as it may be if you’re a CPA or a financial planner. On the other hand, if you’re selling copy paper, trust may be downright irrelevant!

QUESTION 2: How much TIME will customers invest in researching their purchasing options?

The higher the “risk” is for your client or customer in purchasing your products or services, the more time he or shee will spend researching providers and searching for alternatives.

It’s important to note that devoting a lot of TIME to making a decision about buying changes the buying process significantly. Just because someone is spending time researching a purchase, it doesn’t mean that the decision will be made based ENTIRELY upon which provider has the lowest price.

If your customers are spending a lot of time researching options, then a blog is a great marketing tool because, via regular posts, you can illustrate time and time again why they should make an investment and build a relationship with you. You can use those blog posts to clearly illustrate WHY the lowest PRICE provider may not be the BEST provider.

If your potential clients spend a lot of time researching their options… then a blog is a GREAT marketing tool for your business.

Blogs are MAGNIFICENT COMMUNICATION TOOLS!! If you’ve got a good “handle” on the information you want to communicate to potential customers and your customers are SEEKING more information to make an informed choice.

QUESTION 3: How much TIME will your customers be spending with you after the sale?

Yet another factor that moves a sale from Minor Sale status to Major Sale status is the RELATIONSHIP that you’ll have with your customers or clients once the sale is completed.

The more interaction you expect to have with customers or clients, the more information those clients or customers need BEFORE they make the final decision. If you expect to have a lot of interaction with clients or customers AFTER the sale, then even if customers aren’t making a major financial investment, they still treat the transaction as a major sale. After all, breaking up with a service provider is hard to do!

So while the investment in choosing a baby sitter for a Saturday Night out on the town may not require taking out a loan, it still falls into the Major Sale category.

If your potential clients will develop a relationship with you after the sale… then a blog is a GREAT marketing tool for your business.

If your business is involved with making Major Sales, then establishing communication with customers BEFORE they make a purchasing decision is essential. When communication is key, a blog is a GREAT way to communicate with customers and clients.

This article was published at BizNik
Biznik - Business Networking

Time or money… which is more valuable?

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Time management is coming up a lot for me lately. It’s coming up for me and it’s coming up for my clients as well.

Bruce Mohl explores this topic in depth in his article at the Boston Globe entitled: What’s worth more, your money or your time?

Philosophical considerations enter in. Some time-value calculators say a person’s leisure time has the same value as their hourly salary, or even less. Others say leisure time is far more valuable than work time, as much as two to three times hourly pay.

My favorite words of wisdom are related to the time vs money valuation.  If anyone knows the origins of this rough quote, let me know and I’ll give credit where credit is due.

In essence, the words of wisdom are as follows:

You either have a surplus of time or a surplus of money.    If you find yourself deficient in both, then you’re spending one or the other in the wrong place. 

Those words of wisdom literally changed my life because when I was confronted by them, I had to take a good hard look at my own situation.  See, I was deficient in time AND money at that point in time.  In essence, I didn’t value myself or my time.  What’s really wild is the more I valued myself, the more value others assigned to me.

Ahmed Bilal writes in Value Yourself

Get on the right track and stay on it. Value yourself and your time – not only where others are concerned but where you yourself are concerned. Where are you spending most of your time? Why? How does this help you do what you want in life? It doesn’t? Then why are you doing it?

Wow!! Talk about getting to the heart of the matter.

Ahmed also writes over at the Performancing blog and there he gives 10 Simple Rule for Online Success where he admonishes the reader to stop whining and start channeling his/her energies.

No one is better at helping you to channel your energies than Zen Habits. 18 Five-Minute Decluttering Tips illustrates the incredible power of harnessing such a small segment of time.  By focusing just five minutes each day of your time, you can LITERALLY change your life.

An Important Lesson from Amazon on How NOT to Treat Your Customers.

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GRR!!!!! I hate it when people get so FOCUSED upon the bottom line that they lose sight of the long term consequences of their actions!!!!

Angela Hoy is the publisher of the Writer’s Weekly which she uses to promote her POD publishing business, Booklocker.com. On Friday, Angela launched a firestorm when she reported that Amazon is putting the squeeze on POD publishers.

So here’s the deal… Amazon executives are doing their best “Tony Soprano” impression by threatening to remove the “buy” buttons from POD (print on demand) titles listed on the site that ARE NOT printed by Amazon’s own Book Surge POD. “Do this and nobody gets hurt,” is the implication. The problem is, someone is going to get hurt and my guess is it will be Amazon.

Amazon was the first hog to the internet book selling trough. In the early days, when you signed up as an Amazon affiliate, you could choose to be paid in “books” instead of dollars. I know that is how I still choose to be paid for my Amazon affiliate commissions. The thing is, authors are readers by nature. Angela confesses to spending over $1500 last year on Amazon.  That may be a bit above “average” but maybe not.  I just realized the figure I gave my CPA was only for the books I bought, not the ones I “bought” using my affiliate earnings!

So, authors are big book buyers… and Amazon was a pioneer in the whole internet affiliate marketing model. By removing the “buy” button for POD works on the site, Amazon is not only going to lose their author /customers.  These authors may not be buying copies of their own book from the retail giant, but I’m sure they are buying other author’s works through the site.  However, in addition to peeving off their biggest spending customers…. Amazon is  also going to lose a portion of their affiliate sales network as well.  My guess would be that those affiliates are probably part of the productive 20% of the old 80/20 rule which applies to affiliates and their sales in SPADES.

My mother used to refer to such actions as “cutting off your nose to spite your face”.

There’s a HUGE firestorm brewing over Angela’s revelation. So far over 60 blogs have weighed in to comment and I’m sure that Monday morning… more will join the cause. The very NATURE of Web 2.0 is for this type of story to go “viral”. (I hope Booklocker’s web hosting company is ready for this onslaught!)

POD authors who link to Amazon to sell their books will be changing those links and they probably won’t wait until the buy button is removed. Once they go to the time and effort to “switch” the links promoting their book from Amazon to Barnes and Noble… THEY WILL NOT take the time to switch them back to Amazon if Amazon backs down from this stand.

Now, Slashdot has picked up the story… suddenly this fight will extend BEYOND authors and into regular book readers who will be outraged at the “Big Bully” tactics being employed by Amazon. Nobody likes a bully… and until now, Amazon didn’t look like a bully.

Amazon loses all around. They lose the sales… they lose the links… they lose the relationship with thousands of authors… A.K.A. their customers!!!!

It’s obvious that the long term consequences of this action have yet to dawn on the executives at Amazon. Perhaps they thought no one would speak up. Looks like Amazon needs a lesson in Web 2.0.  You know the old saying… “there’s no such thing as bad publicity”?  I think this may be just such a case.

Here is a list of other bloggers (from Angela’s article page) taking up the fight. If you want to add your post to the “cause”… the post a comment to this post. If you’ve got your own blog, copy this list and post it on your blog as well. The more links to these posts… the more “traction” this cause will get.