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What Makes A Great Company Story?

Working with clients allows you to accumulate experience in small doses over a long period of time. Yet it can be difficult to distill all that experience into a great company story. Even when you have worked with a talented founder who has made a strong impression in their industry, it can be difficult to figure out what made their contribution so compelling.

Somerset Maugham, the British writer once known as the “most famous writer alive,” was often asked the question, what makes a good story? He responded by saying a good story must ‘interest’ the reader. Seems pretty basic doesn’t it? However, in the U.S. we’re a little more demonstrative. We like to think in terms of great stories, exciting movies and unbelievable products, etc.  So what makes a ‘great’ company story?

Great company stories don't need charismatic founders, but it can help.

Great company stories don't require charismatic founders, but it can help.

Think about Steve Jobs and Apple Computer. What an unbelievable run! America’s top technology company (having finally supplanted Microsoft just last week). I recall purchasing the original Macintosh computer in 1985 as a young man, just a few months after its introduction. It was an obvious choice based on the machine, its POP displays and the friendly little screen with mouse and trash icon. The store’s staff downplayed it by saying I would feel ’silly’ dragging a file to a little “cartoon trash can,” it was unbusinesslike, etc. Yet there’s such a great story here: Epoch making design and quality; a cult like following; a founder who leaves the company; the company in a sudden dramatic slide; the founder returns to an even greater success, etc. And, it’s all still going strong of course.

Dithering Over Details Can Make It Hard To Uncover The ‘Underlying Drama of The Brand’

As a creative marketing professional, I think it’s very much part of my job to find that story for each of our clients and help them work on it in their branding and marketing without allowing it to come across as self-serving, boring or egotistical. How to make the story memorable is also challenging. The raw material must be there, but the right solution may not be so obvious. The client may be inclined to downplay himself, or the product may need renewed positioning so the prospective customer can perceive it in dramatic terms. There’s literally  hundreds of issues that can arise. Clients often want to tone down the narrative and make it safe, universal or compliant, thereby turning a great story into something perfunctory or dull. Dithering over details can make it hard to uncover the ‘underlying drama of the brand.’

That last one is a paraphrase of Leo Burnett on advertising. As Leo inferred in his book, the underlying drama of a product, company or brand requires some digging and a little insight — if not some great streak of luck — because it takes a client with an open mind to let the story come out on its own terms.

One customer of ours is inherently interesting because of where he began in the U.S. aerospace industry. Mr. Egon Jaeggin helped in building the first hand held camera used in outer space. He has been active with prime contractors, such as Boeing and Lockheed Martin, over the past forty years. His firm Numerical Precision Inc., built the Mini Power Tool for NASA’s Hubble Space Telescope Upgrade Mission, completed last year. The Power Tool allowed the astronauts to remove fasteners in outer space that were never meant to be removed, all the while sustaining an astonishing range of temperature extremes.  The entire mission was so riveting (forgive the pun!) that a first rate film documentary is now touring through OmniMax Theaters and currently showing in Chicago. Mr. Jaeggin has shown the Power Tool to selected groups, from industry VIP’s to a local Veteran’s Group in his home town.  Yet, he always remains self-effacing in his comments. Never talking in a way that might over shadow or diminish the achievements of his client (a note of disclosure: we built and currently maintain their corporate website, email newsletter, and other marketing programs).

The Fundamental Truth

Despite his soft-spoken style, Mr. Jaeggin enjoys a world-wide reputation in his field. We have never burnished his firm’s reputation with hype. What his company does takes years of hard work to achieve. Which brings me to the core point of this post. You need to be connected firmly to a fundamental truth, one that naturally supports and underlies a strong product or service, in order to express the unique qualities of a great brand.

A great story sells itself. But it must be presented well, in a compelling way. And, it has to connect with people. I believe there’s almost always a good tale of innovation at the heart of every great entrepreneur, service concept or product that’s enjoyed continued success.

Perhaps you have something that comes to mind? A great product or service which you have observed in the making?

Please take a moment and reply to this post if  you will. We would love to hear your thoughts on the ‘underlying drama of the brand.’

Part V “Outside The Box” Concludes On The Question Of Online Strategy

Consider The Long Tail When Thinking About Your Online Strategy

Consider The Long Tail When Thinking About Strategy (image from Wired Magazine).

As you think about developing a unified strategy for Internet marketing, you may find many points of creative fusion between your traditional advertising program and the emerging possibilities online. When you study unique characteristics, such as the Long Tail, you’ll encounter many transformative new ideas that may completely reshape your assumptions about business. As you get underway please remember:

  1. Simply building a website won’t grow your business;
  2. You’ll need an effective strategy to be successful online;
  3. In fact, your current website may represent only the first step in a larger online program.

Many marketers fail to realize their website is just the beginning of a larger process. The overall purpose and depth of content on your domain may suggest a compelling new strategy. It’s important to have a sense of where the latent energy of your site may be going: to substantiate your credentials? Tell a product story? Generate leads? Or, direct sales?

Marketers Often Become “Stuck” On Strategy

Most people think creativity has more to do with art, music and literature and less to do with business, science and engineering. But that’s not the case!

  • Creativity is the act of producing new ideas, approaches and actions;
  • Innovation is the process of generating and applying ideas in a specific manner and context;
  • Both definitions apply for your business, especially if you’re planning to leverage Web 2.0 applications;
  • The Web is all about innovation!

Here’s where it gets interesting, and potentially exciting, especially if you think outside the box. Today, new competitors are rapidly emerging as traditional marketing practices evolve into new online propositions. To ride the waves in today’s economy we need to engage in lateral thinking and divergent thought. Today it is possible to do things we could only dream a few short years ago.

  1. If you check out wootwine.com you’ll be looking at a special sale, for one day only. “Woot” is a domain that specializes in daily deals, one item only, at a very discounted price. We learned of them in a recent issue of Inc. Magazine. They build their customer relationships via Twitter. What’s interesting to us is the simplicity of the business model, one sale each day on one select item, a strategy that would be nearly impossible in the traditional retail world.
  2. Kogi Korean BBQ, a company with just a little over one year of operations, serves Korean style meat in Mexican-style flatbread (an innovative idea!) in Los Angeles. Kogi designed its delivery system using Twitter to inform customers where their delivery truck is headed during the course of the day, so impassioned customers can enjoy their Korean fast food fix (see kogibbq.com).
  3. Ms. Brigitte Dale won Yahoo!‘s Best Internet Personality 2008 for her quirky video blog posts. What’s she selling? Her creative talent of course. Though it may be difficult to envision her approach for business, these charming online videos feature sharp scripts, self-produced on a shoe string with surprising sophistication. Here’s a recent post on YouTube.

circlesPractical Questions Must Be Encountered

Successful strategy is often built from tactical advantages (note our Online Marketing Awareness Map). Whether to build slowly with a focus on Content Marketing or more quickly with Internet Advertising, may depend on whose asking the question.

I. An e-commerce site dealing in branded items sold at discount might focus on:

  • Area 1: Websites;
  • Area 2: Online Advertising;
  • Area 6: Landing Pages, Analytics & Conversion.

II. Whereas a manufacturer or B2B services firm might focus on:

  • Direct mail and inside sales;
  • Area 3: Content Marketing or Blogging;
  • Area 5: Online Video;
  • Area 6: Landing Pages, Analytics & Conversion

Start With Small Steps

It helps if you have a strategy. It can make a huge difference. But if you don’t have one (or, it’s just too confusing) you’ll benefit by taking smaller steps. It is hard to go wrong with good landing pages and well designed content featuring important keyword groups and site analytics. Pilot programs make sense. Add a company blog to the mix, or perhaps a Google Adwords campaign. Adwords can work quickly, which is one reason why sponsored search listings are so popular.

Yet, a hasty campaign cobbled together with little planning is unlikely to work very well, unless you’re very lucky. False starts can be demoralizing and damaging due to the possibility of a poor Quality Score from Google, which can take months to overcome. Better to work deliberately and strategically, even with a small beginning. Content marketing, especially from blogging, is designed to build up carefully over time.

Once again, let me suggest an important reminder: We’re striving to keep things simple (not simplistic) to help you in framing your initial approach. What’s right for you will depend on your product and the unique vision you may have for your business or enterprise.

Be Thorough In Developing Keywords

Marketers engaged in their first encounter with online advertising are often surprised at the amount of time they need to develop effective keywords and Adgroups. Using Google’s Keyword Generator can help you create hundreds of keywords. But don’t fall into the trap of letting the software do your thinking for you. Instead, as a first step, take the time to really think about your customers. Stand back, look at them as real people and don’t pigeon hole them. Ask how they might type a search query to find your product or service. Doing this in a candid manner makes you relate to them personally. This is a simple step that can help your website, online advertising or content marketing as well. It is also a great marketing practice for strategic planning in any medium.

There‚ is no end to the possibilities one can use in making the transition to online marketing. This may be a great time to reexamine your business and restart your marketing in a more innovative direction. We can take you through a few current campaigns we’ve done in helping our clients create a smooth transition to online marketing:

Thank you for taking the time to explore this “outside the box” online marketing series.  If you have any questions on how to get started, contact us, or leave a comment below.

Additionally, please take a moment to share any interesting strategies that you see online!

Part IV Outside The Box: The Online Marketing Awareness Map Continued

Online Marketing Awareness Map™

Online Marketing Awareness Map™

If you’ve been reading this five part series “Thinking Outside The Box On Marketing,” you’re acquainted with The Online Marketing Awareness Map (if not, please see part III published earlier in this space). We developed the Map as a visual aid to enable client discussions of online methods and media. Here, in Part IV, we would like to continue our brief survey of techniques. In particular, we’re picking up with a review of Social Networking, then with Webinars, Videos and (Email) Newsletters, and finally with a few key thoughts on Landing Pages and Analytics. The final post in this series, Part V, will take a preliminary look into online marketing strategy.

Social Networking

Social Media

Social Media

Though there’s an abundance of new applications to chose from, for social media we think of Facebook, Twitter, LinkedIn, YouTube and Flickr. The growth rate of these applications has literally defined the participatory Web as a place where users access free utilities which give them the ability to upload and control their own content. Social networking allows millions of users to join online communities, share content, links, ideas, rediscover old friends and new online relationships. It’s fitting to mention that Twitter enjoyed a 93% growth rate in 2009. Additionally, there are more Facebook users worldwide than people in the U.S. It seems hard to believe that Facebook was a mere start up company in 2004. However, Myspace is now worth quite a bit less than the $770 Million that Rupert Murdoch’s News Corp paid for it in 2005. Perhaps the shakeout in Social Media is still in the making?

As a result of these and other stories related to surging qualities of Social Media, many established marketers, especially smaller companies, are moving slowly to embrace it. Some national brands have been monitoring their online reputations by responding quickly to customer complaints — a natural arena for real time public relations.

What has most impressed us about Social Networking is it’s obvious popularity. People simply want to socialize and share links, a fact that seems to underscore a basic human need for connection. Additionally, these sites have been referred to as “digital campfires.” The fast penetration of social media into popular consciousness is very significant. Apart from online security or privacy concerns, socializing online is here to stay.

So why not enjoy yourself and jump right in? According to Larry Brauner at Online Social Networking, the social media curve is very steep. His Top 10 social media challenges include the following list of concerns:

  • Results aren’t achieved nearly as quickly with social media
  • It’s easy to spin wheels and waste lots of time
  • Social media is still evolving rapidly and tends to be a moving target

However, there’s every reason to start your engagement with social networking. Just make sure to continue with your traditional direct marketing, in-house sales efforts and direct marketing for the time being.

Webinars, Videos & Email Newsletters

Webinars, Videos and  Email Newsletters

Webinars, Videos and Email Newsletters

Webinars have been enjoying a surge in online popularity. Content marketers often have them in mind as a goal when they begin blogging (of turning out an ambitious website). And, if it’s not a webinar per se, it may be that a mix of content from online videos and photography to email newletters that’s driving their development of special content. Think of this content as a special gift to your visitors, intended audience or current customers. A Webinar is a special form of educational experience controlled by you, as if you had a class in front of you. Additionally, with online videos you lead them through an important subject where you:

  • Consolodate important blog posts
  • Add sound to your PowerPoint show
  • Entertain, teach, surprise, astonish
  • Provide tutorials, manifestos, viral videos and exotic demonstrations

And, don’t think email is dead. Quite the opposite. Today, the email space continues to grow, especially if you follow best practices in using double opt in subscription and build your list organically (stay away from paid lists). With a quality email newsletter you can enjoy seamless communications with your best customers, an average open rate of 30% or higher and a click through rate of 10% or more.

Think of webinars, videos and email newsletters as contributing to a larger cycle of persuasion that builds over time, across many different types of people.

Landing Pages/Analytics

Landing Pages

Landing Pages

Remember to keep in mind that landing pages for each campaign should mirror the advertisements that bring the traffic to your site. If the wording changes abruptly, or the visual themes don’t match, your bounce rate, or time spent on the all important landing page with fall off disappointingly. This is the place where it’s okay to do explicit selling. The visitor clicked on an ad that represents their interest in your product. Be sure to give them succinct copy loaded with benefits and maintain a warm, friendly tone of voice with a good call to action. Build confidence, desire, trust. Remember, selling is an art.

Regarding the subject of Analytics, the Web Analytics Association has come up with a common definition:

Web Analytics is the objective tracking, collection, measurement, reporting and analysis of quantitative Internet data to optimize websites and web marketing initiatives.

This is the part where clients really begin to see and feel some of the unique benefits to online marketing. Google Analytics is a very popular utility (it’s also free with your Google Account), that gives you the ability to see fresh data from your website domains and online advertising campaigns. It is a very important area for any online marketer. One book we advise you to read if you wish to become more deeply involved in this area:

Web Analytics, An Hour A Day — Avinash Kaushik

That pretty much sums up (in short space) a complex and challenging set of topics contained within our Online Marketing Awareness Map. These last two posts have attempted to introduce the topic of online marketers who may be considering their entry into the online marketing space.

What do you think? Did we adequately represent a useful overview? Experienced online marketers will be looking for more in-depth content. However, we have used the Map in private discussions and found it to be useful.

Please tell us how you feel this visual tool is working. We’d love to hear from you.

Additionally, please note that part V in this series is coming next.

Thanks for reading Infusion Blog.

Best…

GJ

Part III Thinking Outside The Box: Introducing The Online Marketing Awareness Map

In this third part of our series we cover an important topic. Based on recent pieces we’ve seen online, or in magazines, many private business leaders are frustrated with the complexity of digital marketing and it’s new applications, online tools and strategies. While many of today’s consumers blithely transition to the Next Thing,* a host of marketing managers and corporate VP’s find themselves camped on the threshold of important changes.

Online Marketing Awareness Map™

Our Online Marketing Awareness Map

How to make the right decisions with so many new choices? We’ll admit there’s no single easy answer to that question. But then, marketing has never been easy. Web 2.0 is often called the participatory Web, a place where blogs, social networking sites and media sharing sites have transformed the world of marketing.

Our own efforts in this regard are straightforward. We developed an Online Marketing Awareness Map as an early step in creating a visual tool for discussion. It has since led to a laptop presentation, and to this particular series of Infusion Blog posts (please see Part I and Part II if you haven’t already read them).

Your Website Is The Base Station For Your Online Marketing Program

Websites

Websites

Our map begins (see illustration) with the top circle, labeled Websites. Today we field fewer questions about websites (we’ve all seen our share). Yet many clients do not fully realize their website is just the beginning of their online marketing program. Yes, it must be supplied with good content, usability, optimization and branding. It is indeed the base station for an entire online marketing program. Yet, it’s also a latent form of energy. For most business websites there’s much to be done in bringing real excitement, traffic and new results. Often the goal is to transform a static asset into a compelling and effective online marketing program. Think of  your business site as the first step. It’s important to have a sense of where that latent energy may be going: to substantiate your credentials, or tell a product story, or generate direct e-commerce sales. The purpose and overall depth of content on your domain may suggest a follow up strategy for online marketing.

Online Advertising

Online Advertising

Moving clockwise to Online Advertising, our next circle. Again, few of us are strangers to this. By online advertising we refer to web based ads such as banners, tiles, widget ads or sponsored listings on Google (organic listings are discussed in Content Marketing). For banners, tiles and other units we’re looking at a Push Strategy similar to offline advertising, where you pay for exposure based on a cost per thousand impressions (CPM). Sponsored listings emulate the search characteristics of organic listings in everything but price, since you must pay for them, typically using a Pay Per Click (PPC) model. Online advertising in all its forms… requires a direct monetary investment. Dollars for traffic!

Dollars for Traffic!

Dollars for Traffic!

For many marketers this is as far as they go: build a website and buy online ads linked to specified landing pages. An ecommerce site with branded items or specialty merchandise, coupled with good prices can do this pretty well, especially if they have read their niche properly.

Content Marketing - Builds traffic, credibility and reputation.

Content Marketing - Builds traffic, credibility and reputation.

Our next category is Content Marketing. We see Content Marketing as long content designed to display thought leadership with high “favorables” on search engines. This means well developed websites, blogs, or sites in combination with blogs. With a blog you add fresh content and a new page to your domain with every post. Attract visitors with comments and your blog is building inbound links, another natural Search Engine Optimization (SEO) benefit. Blogs build traffic, credibility and reputation — nice things to have for one’s professional life or brand.

A good approach to blogging may require originality, or an Outside the Box approach to a niche topic. But it doesn’t have to be creative per se. Start by solving a problem your audience cares about. Find a voice. Build trust, confidence, desire. Be engaging. And, don’t oversell. In effect, you may want to begin by commenting on something that others in your industry have expressed or said. When you begin blogging, you’ll want to read other blogs and make appropriate comments. Join the discussion. Just don’t be too obvious about selling or becoming a shill for your product. Think of yourself as attending a business reception. Show a sincere interest in something someone else has said or written, that’s a good way to obtain natural reciprocity in a return visits to your blog.

Blogs humanize a brand, which is a very special thing. Who is blogging these days? A huge number of organizations and people involved in virtually every business and profession, from software development, training and freelancers, to product manufacturers, distributors, wineries, galleries and travel destinations, etc.

As with everything else, you’ll want to open yourself and your business to further innovation. Think of it as a creative fusion between the offline marketing you may be accustomed to and the new digital marketing you’re seeking to engage.

This discussion of the Online Marketing Awareness Map continues in Part IV.

Stay tuned.

Best wishes…

Greg Johnson

P.S. Next up, Part IV Outside The Box: The Online Marketing Awareness Map Continued,  where we shall introduce Social Networking, Webinars, Videos, Email Newsletters and Landing Pages.
* A favorite question often posed to the unsuspecting by Apple CEO Steve Jobs.

Part II: Thinking Outside The Box On Web 2.0, Blogs and Social Media

We’re continuing our discussion of digital marketing strategy and why many marketers should look at their business with fresh eyes. In this post, we will briefly review two illustrations, then look into how Web 2.0 might affect your future marketing decisions.

(Note: Web 2.0 is often called the participatory Web, a place where blogs, social networking sites and media sharing sites have transformed the world of marketing.)
Traditional Sales Funnel - Push Strategy

Traditional Sales Funnel - Push Strategy

In the Traditional Sales Funnel the marketer targets a “universe” of people through demographic and psychological profiling and sends out branded messages in conventional advertising campaigns, public relations, direct response, sales promotion, trade shows and other tactics. In simple terms this is known as a Push Strategy. The marketer is pushing his message through to a targeted population, hoping to inform, persuade, remind and influence their purchasing behavior.

As you’ll note in the illustration, nestled nicely under the target universe is funnel which represents the collective efforts of the company’s sales department. Essentially, the marketer is looking to generate “precipitation” from their advertising in the form of sales leads, retail traffic, bounce back cards and other prospect behavior. The company seeks to control the funnel as their sales people work to convert their prospects into customers.

Internet Sales Funnel - Pull Strategy

Internet Sales Funnel - Pull Strategy

Now in contrast to this, let’s take a look at an Internet Sales Funnel, which is considerably different from the traditional one. Here the entire world sits atop the World Wide Web. Although there is a certain amount of Reach and Frequency based advertising in this model,* the primary focus is different than conventional advertising.

By virtue of the sheer mass of Internet activity, for business, education, shopping, and entertainment, etc., a natural funneling takes place based on the stuff people are doing online.  This funneling phenomenon occurs every minute of each day. Someone searches for a digital camera, or advice on photography, or photographic supplies, or a professional photographer. Each user finding appropriate sites and information without any third party controlling of their quest for information.

The marketer doesn’t control this funnel. Instead of pushing a message through to a targeted online audience, the marketer engages a Pull Through Strategy to capture a share of traffic from people who are looking for their service or product in real time on the Web. Translation: every day people are looking for you. They have begun their shopping online. They’re already funneled into millions of discrete points of interest. Your task is to pull your fair share of this traffic by being in the right online place at the right time with a profitable click through rate.

How To Be Found Online?

How to be Found Online?

How to be Found Online?

That’s the big question for most online marketers. Here’s a short list of the most often used techniques:

  1. Online advertising: includes display ads or sponsored listings on websites & search engines. Basically you are exchanging dollars for traffic, based on Cost Per Thousand (CPM) impressions or Pay Per Click (PPC).
  2. Content marketing: through blogs, social media, wikis, media sharing, email newsletters, webinars, etc. You are investing your time and resources in building great content and optimizing your web presence, so it becomes much easier to attract more visitors and traffic. Technically speaking, organic results from search engines is free.
  3. Traditional marketing activities such as advertising, direct mail and public relations.

Spending money to generate traffic from online advertising is done in two distinct ways: A) through a somewhat traditional model of reach and frequency exposure** from banner ads; or, B) through sponsored listings sold as Pay Per Click (PPC) advertisements.

The second method of online discovery is through Content Marketing. Here we open the world of Web 2.0 and start thinking about blogs, social media, wikis, media sharing sites, email newsletters and webinars. Essentially, we’re seeking to engage in spirited Search Engine Optimization (SEO) practices by creating a site, blog, wiki or social networking that results in higher organic search rankings, or viral marketing exposure. Link building, online conversations and social bookmarking are continuous efforts which the marketer might choose for this strategy.

Our third method, Traditional Marketing, won’t be covered in this series—except as it may help us make a particular point or reference. The thrust of our effort is focused on Web 2.0, content marketing and social media.

Outside The Box Thinking Can Help

Most users engaged in serious online advertising or content marketing are surprised at the amount of time they need to develop effective keyword phrases. Using the Google Adwords Keyword Generator can help you create hundreds of keyword phrases. But don’t let the software do your thinking for you. Instead, take the time to consider your customers. Stand back from them, think of them as people (don’t pigeon hole them) and ask what they might type into a search query if they wanted to find your product or services. Doing this forces you to relate to them more personally. For many companies this is truly outside the box, because it makes them engage the psychology of their customers.

Stay tuned. There’s more to come on innovative thinking.

Best wishes…

Greg Johnson

P.S. Next up, Part III, Outside The Box Marketing On Web 2.0, shall introduce our Online Marketing Awareness Map which we think will be helpful to marketers who are looking for a useful reference for making strategic decisions in online marketing.
* Banner advertising, and other IAB standardized ad units sold on a CPM basis, excepted.
** Contextual and behavioral advertising excepted (for the time being).