Strategic Marketing is like Planning a Trip

Creating a marketing strategy is like planning a trip.  You have to know where you are and where you’re going before you can even BEGIN making a plan.

In my recent post Strategic Marketing Is Like Planning a Vacation, I wrote:

The first step of creating your marketing strategy is deciding where you are and where you want to ultimately be.   In this case, its as simple as you’re in NYC and you want to get to Miami.

Creating a marketing strategy CAN be just that easy.  However, creating a marketing strategy gets VERY difficult if you don’t know where you are (NYC) or where you want to go (Miami).

Notice how more more difficult planning your vacation becomes when you change the scenario above to read, “I live where it’s cold and I want to go somewhere that’s warm!”

So the first step in planning your marketing strategy is to determine where you are and where you want to be.  (Again, this SOUNDS a lot easier than it actually IS.)

Let’s go back to the “NYC to Miami” trip scenario.  In planning your trip, you have several options of how you’ll get from NYC to Miami.  You can:

  1. Walk
  2. Take the Train
  3. Take a Bus
  4. Drive yourself
  5. Take a Boat
  6. Take a Plane

So the first decision you’ll make as you plan your trip is basically one of whether you’ll make the trip by land, air or sea.

Notice how If you’re heading from NYC to Miami, then all of these are viable options.  However,  if you’re in Alaska and wanting to find warmth on the Serengeti Plain, then some of these travel arrangements are not viable options to get you where you want to be!

Internet or online marketing is just ONE way to get from where you are to where you want to be.

Using online marketing may very well be the be the fastest, quickest and easiest way for you to take your business from where it is to where you want to be but it’s not the ONLY way to travel.  If online marketing is the “taking the plane” in our trip planning analogy, then be aware that taking the plane is only faster if you can get a direct flight and unless you plan WAY ahead, it’s definitely not the the least expensive method of travel.

I’ve got a client how has recently “returned” to the fold.  While we were working together, I kept hearing all about her “business coach” who is in name her “business coach.  In practice however, he’s a Make Money Online coach.   During the last month we worked together, I kept hearing, ” But, that’s not how my business coach says I should do it!”

So when her budget got too “tight” to continue working with me, I wasn’t surprised.  However, I WAS surprised when she contacted me via email a while ago, asking for help.

Because her coach is a MMO kind of guy who specializes in making the MINOR SALE, her “business coach” is all about Squeeze Pages.

Don’t get me wrong, a squeeze page is a great marketing tool – but expecting a squeeze page to magically attract loads of traffic is just not realistic.  Using it to try to make MAJOR SALES is definitely a case of using the wrong tool for the wrong job.

If you’re selling a product that only appeals to bloggers – such as the 8 Week Power Blog Launch – then your marketing methods are going to have to be web based.

On the other hand, if you’re selling a product that appeals to people who don’t spend 8 – 10 hours a day on the web,  then you probably should expand your marketing and advertising efforts BEYOND the web.

In the client above’s case, she LOVES performing.  Her limited funds combined with her inability to grasp the difference between an email and a web page make the web a REALLY poor choice of marketing vehicle for her business.  Instead,  I suggested she begin doing free seminars in her community to promote her business.  There are plenty of people who aren’t on the web in her home town who would LOVE to take advantage of her services if only they knew she was offering them.  However, she’s been sitting at home, waiting for her website and subsequent “squeeze” pages to deliver clients to her while her savings dwindle.

Contact your local radio station or television station rep and ask for a rate card.   You might be surprised how “affordable” offline advertising can be.  (Try running a PPC campaign and you’ll see how EXPENSIVE online marketing can get!)

If your prospective customers aren’t spending all their time on the web, maybe you shouldn’t put all of your marketing and advertising eggs in that basket either!

Fast Track to Blog Success – 100% Discount Ends Friday

Want to get bloggers “buzzing”?  Sell your blog for big bucks. That’s what happened when John Wu sold his Bankaholic blog to Bankrate for a cool $15 Million.

Cath Lawson did the math and the 26 month old blog netted that blogger a cool $3348 per hour.

If you’ve been blogging for more than a few months, you may be wondering what makes the Bankaholic blog worth so much money.  After all, the blog doesn’t get NEARLY the number of comments that Cath’s blog gets.  There’s very little “community” on the blog – unlike on Cath’s blog, yet it’s raking in a record setting payday for the blog’s developer.

The key to the Bankaholic’s success is simple:  KEYWORDS. The Bankaholic’s blog expertly targets the right keywords – the keywords a mega-site like Bankrate wants.  If you’ve run a PPC campaign lately, you’ll see where the $15 Million dollar price tag for a blog that ranks well on highly sought after keywords might actually be considered a BARGAIN!

I love it when people “do the math”.   SEO Diva did the math and showed how a $20,000 domain name can be a BARGAIN in the end.

The Bankaholic blog sale happened just as I was in the middle of doing a review for one of my 8 Week Power Blog Launch customers.    Turns out, people want to fix their blogs in 30 minutes or less, not 8 weeks.  (Mock Horror and Surprise!).  So, as I was in the middle of creating this “Fast Blog Fix” report, the Bankaholic sale was announced.  I put my 30 Minute system to the test and applied the principles to the Bankaholic blog.  The results are revealed in “Fast Track to Blog Success”.

I’ll be offering this product for sale next week, and  I’ll definitely be adding it as an “added bonus” for people who buy the 8 Week Power Blog Launch.

However, this week – until October 10th (Friday), you can get this report for free.  Just use the code CathRocks and click the button below.  This discount code will give you a 100% discount on this report.

Add to Cart

I was going to email it to people who commented, but the file has lots of screen shots which makes it too big to send via email. So, I’ll be using e-junkie to give this away!

Click the button, enter the discount code and it will be yours for the taking.  I’m sure you’ll find the analysis of the keywords used on the Bankaholic blog fascinating AND educational.

Of course,  when it does go for sale – there will be an Affiliate Program so if you recommend the book to family, friends and blog readers you grab your piece of the action.

Best Kept Internet Marketing Strategies Secrets

One of the best kept internet marketing strategies is cross promotion and one of the best ways to illustrate this best kept internet marketing strategy secret is to illustrate it  in a case study.

The basics of cross promotion are really quite simple. First, you determine your target audience. In this case study, the company in the spotlight is iThemes, founded by Cory Miller.

Cory’s company sells WordPress Themes to bloggers. A WordPress Theme allows a blog owner to quickly and easily change the appearance of a blog with the click of a mouse. To make something that EASY for the user takes a LOT of work behind the scenes.

Now, you might be wondering why ANYONE would PAY for a WordPress theme when there are hundreds of thousands of FREE WordPress Themes floating around.

Remember when I said that to make something easy takes a lot of behind the scenes work – well, a lot of times those “free” themes are full of “bugs”. Some of those “bugs” will make it so the theme doesn’t display properly. I had a case with one free theme where the pages wouldn’t display properly. The client loved the look, but the code was such a mess it wasn’t usable. There are other cases where the “bugs” on those free themes means an outbound link from your blog to a blog in a less than desirable neighborhood on the internet.

After a typical blogger tires of fighting the good fight of trying to find a well coded, non-spam free theme, the next logical step is to is to move into the realm of PAID themes a.k.a PREMIUM themes.

This is the arena within which iThemes competes.

So, iThemes target customer is someone who is already a blogger. In many cases, they’re bloggers who have done the free theme route and are ready to make an small financial investment in their blog. (All of iThemes single use themes cost less than $100 which makes them very affordable.)  Most of these customers are familiar with the concept of FTP AND the basics of blogging.

The best kept internet marketing strategies secret for iThemes is to cross promote their business with a popular blog that writes about issues related to blogging.

This is the point where most people will stop reading and run off to find a blog to use for a cross promotion strategy.  This is the virtual equivalent of a small child running into heavy traffic.

STOP! LOOK! LISTEN!!!

This best kept internet marketing strategy is not quite that simple. If it were, then THIS wouldn’t be a BEST KEPT internet marketing strategies secret.  Here’s the SECRET part of the equation – and Daniel over at Daily Blog Tips delivers the secret in his post Drop A Comment if You Want to Win an iThemes Premium Theme

Pretty much every week someone emails me to offer some kind of free product or service. Most of the times, however, you can see that it is a blatant promotional effort, where the other side is just interested in getting some exposure for his stuff. On those cases I just ignore it. (emphasis is mine)

Sometimes, however, the freebies do have a good value for my readers, and on those occasions I am glad to cover them.

Did you catch that?   He told you the best kept internet marketing strategy secret of all time.  Did you see it?  It’s right there in the last line in the quote above,

Sometimes, however, the freebies do have a good value for my readers, and on those occasions I am glad to cover them.

Daniel knows his readers.   He knows who they are and what the need from him.  That’s why his blog is so successful.   (If you don’t know who yours are or who you want them to be, then pick up a copy of the 8 Week Power Blog Launch)  Daniel’s readers are ESTABLISHED bloggers seeking information on promoting and improving their blogs.

The secret is, when someone contacts him with a win/win/win proposition, Daniel – like every other successful blogger- is happy to oblige. In this case, offering a free WordPress iThemes theme is truly a win/win/win situation.

  • Daniel wins – he’s decided to use the freebie to increase comments on his blog post.
  • Daniel’s readers win – they get a chance to win a free premium  theme which is something many of them want.
  • Cory wins – Daniel’s readers have to say WHICH iThemes theme they want to win.  In order to do so, they must VISIT THE iThemes SITE!!!  They visit the site, see the tasty selection of beautiful themes and are asked to “fall in love” with one and post that preference within their comment.

Oh, Daniel and Cory both score additional “wins” on this promotion.  Cory wins AGAIn in the fact that not everyone who comments will be a lucky winner. Those who aren’t lucky winners are now classified as “hot prospects”.

Daniel wins again as well -because when new readers find this post after the promotion is over, they are likely to subscribe to the RSS so they’re sure to be ready for the next big give away!  So promotions like these help to build Daniel’s blog and help him attract new readers.   Oh, and Daniel wins a THIRD time on this -because other bloggers – like me – will write about his brilliant internet marketing strategy, which means more incoming links.

So the best kept internet marketing strategy secret begins with knowing your target customer.  Once you know who your target customer is, then you can find win/win/win cross promotional opportunities for your product or service.