|By David Strom||
|November 7, 2012 12:19 PM EST||
If you run a small business and aren’t an expert in online technologies, you will end up in one of three situations:
- you will quickly learn how to do some of the more important aspects of online marketing yourself,
- you will pay a lot of money to people who are experts in taking your money and little else, or
- you will ignore the online world and continue to wallow in your Luddite-ness while others are building their businesses.
Here is my guide on how to avoid the latter two end states and get smarter about online marketing.
I have been spending time with a friend of mine who owns her own retail interior design business. Earlier this year, she decided to grow her business using online marketing. Over the past several months, she has acquired new customers and found her niche. But it hasn’t been easy. She has had to attack the online world on several fronts, and develop an expertise in Google AdWords, Houzz.com, HomeAdvisor.com, and Angie’s List. She needed to beef up a simple WordPress-based website, and learn how to screen consultants offering her a variety of deals, some pricey, some ineffective, and some that were just plain scams.
Let’s start with the website. Any retail business today needs a solid website that shows their product, contains recommendations from satisfied customers, and makes it easy for a potential customer to research the firm and understand what products and services are offered and at what price points. I told my friend to look around the Web and find a couple of local sites that she liked and then call the business owners and find out who developed the sites. With one restaurant, the site was beautiful but it was $40,000. Another consultant wanted $4,000. Nice but still a bit pricey, and this consultant wanted to build a site from the ground up in Drupal, which I had my doubts that my friend could maintain over time. She ended up with a third consultant who used a nice WordPress template. That was attractive because she already had some familiarity with WordPress and could make the changes herself. Total spend so far: $1,000.
To populate the website, she needed photos of her work. She found a budding photographer who could do appropriately lit interior shots at low cost, and would send her digital images along with watermarks to distribute online. Another $1000.
Then she heard about Houzz.com, a wonderful social media site. Designers post their pictures of their rooms and objects in them; the public indicates their preferences. Clients post their reviews of both. In the past, my friend has had to carry around a looseleaf notebook filled with clips from shelter magazines for her clients to indicate a preference. Now she can do it digitally.
But Houzz, and other specialty communities like it have another function. By writing comments on these discussion forums, she is sharing her knowledge with the people most likely to hire her. It doesn’t cost her anything to participate in these forums, other than her time, and she is reaching a ready-made audience of thousands of customers. As a result, she has gotten new clients and her work has been featured in regional design magazines.
The next step was expanding her reach to other places that people would look at when hiring a designer. Here sites such as HomeAdvisor and Angie’s List come into play. There are a variety of rules and regulations for each site, and how you get recommendations posted on each. Part of the trick here is again finding the right specialty sites that have the best fit in your particular market segment.
The next step was understanding and using Google AdWords to create a series of paid search ads that would direct visitors to her website. This is an entire world unto itself, and required spending some money and experimenting with various ad campaigns, keyword selection, and geo-targeting her ads. A good place to read about this world is in a series of posts by small business owner Paul Downs about his furniture making business on the NY Times Boss blog.
Downs writes, “Basic ad group maintenance requires checking how many e-mail inquiries we get, whether the click-through rates are comparable to the overall campaign, which keywords generate the most traffic, and whether the ads are being triggered by searches that are relevant.” He adjusts his keywords constantly to tune his AdWords spending, even creating negative keywords to prevent wasting money. Part of the challenge here is in understanding what you are paying for, too. Google “tells you what level of spending — the maximum recommended amount — it would take to buy the rest of the clicks. What it leaves out is that the additional clicks you buy may not be of sufficient quality to result in additional sales.”
Part of Downs’ marketing pipeline is taking the inquiries from his paid search campaigns and qualifying them. He has two salesmen that use a ten-question survey to ask what kind of furniture they want to purchase. He then produces a classy proposal that is easy to understand and can be passed up the decision food chain to the ultimate decision-maker, without tying up a lot of his time in the process.
The challenge of AdWords is in the amount of data you have to look at to understand what you are doing, where you are spending your money, and how to improve your campaigns. “Beyond the most important number (monthly sales), I look at Web site traffic; the number of inquiries coming in each day, week, and month; the number of proposals written; and how much each salesman contributes to these totals.”
Downs’ business was humming along until earlier this year, when he introduced a new and lower-cost product. After months of seeing his total sales volume drop, he realized that he was wasting his Google AdWords spending on clicks from non-profits and schools, foregoing clicks on bosses and less-price sensitive potential buyers. “By all of its own metrics, the AdWords campaign was a home run. I had received lots of impressions and bought lots of clicks. The only problem was that these apparently were the wrong clicks…. My AdWords spending was going to the wrong people.”
Downs spends several hundred dollars a month on his campaigns, my designer friend has a similar budget but varies it based on her availability and how many new clients she is taking on: she doesn’t want to grow too fast. She also runs short-lived campaigns because she has found that her clients are only shopping online at certain times. This way improves her ad placement (the more you spend, the higher your ad ranks on the results).
As you can see, setting all this up is time consuming, and does involve some cash outlay. You can certainly spend more and get an “SEO expert” and you can certainly spend almost no money and get something that doesn’t really deliver. The trick is finding that middle ground where you are comfortable and yet can continue to sustain or grow your business at the rate that you want.
Still to come: writing a regular blog that will feature her clients and some of her thoughts on design, and spending more time developing a following on Houzz et al. And probably an email newsletter too. It is an on-going process. None of these things cost a lot of dough, though: just time.
Part of what is going on here is balancing each of the different online tools to create what Downs calls your own business narrative: “Every day I tell myself a story about what is going on with my business, and I draft future chapters that help me decide what to do next.” The trick is making sure you don’t go too far afield and you can explain the results that you see from the various reports.
With the Apple Watch making its way onto wrists all over the world, it’s only a matter of time before it becomes a staple in the workplace. In fact, Forrester reported that 68 percent of technology and business decision-makers characterize wearables as a top priority for 2015. Recognizing their business value early on, FinancialForce.com was the first to bring ERP to wearables, helping streamline communication across front and back office functions. In his session at @ThingsExpo, Kevin Roberts...
Feb. 13, 2016 11:15 PM EST Reads: 433
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
Feb. 13, 2016 11:15 PM EST Reads: 314
One of the bewildering things about DevOps is integrating the massive toolchain including the dozens of new tools that seem to crop up every year. Part of DevOps is Continuous Delivery and having a complex toolchain can add additional integration and setup to your developer environment. In his session at @DevOpsSummit at 18th Cloud Expo, Miko Matsumura, Chief Marketing Officer of Gradle Inc., will discuss which tools to use in a developer stack, how to provision the toolchain to minimize onboa...
Feb. 13, 2016 08:00 PM EST Reads: 149
With an estimated 50 billion devices connected to the Internet by 2020, several industries will begin to expand their capabilities for retaining end point data at the edge to better utilize the range of data types and sheer volume of M2M data generated by the Internet of Things. In his session at @ThingsExpo, Don DeLoach, CEO and President of Infobright, will discuss the infrastructures businesses will need to implement to handle this explosion of data by providing specific use cases for filte...
Feb. 13, 2016 02:00 PM EST Reads: 259
SYS-CON Events announced today that Avere Systems, a leading provider of enterprise storage for the hybrid cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Avere delivers a more modern architectural approach to storage that doesn’t require the overprovisioning of storage capacity to achieve performance, overspending on expensive storage media for inactive data or the overbuilding of data centers ...
Feb. 13, 2016 01:30 PM EST Reads: 148
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies adopt disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advanced analytics, and DevO...
Feb. 13, 2016 01:30 PM EST Reads: 291
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management...
Feb. 13, 2016 12:45 PM EST Reads: 476
The Quantified Economy represents the total global addressable market (TAM) for IoT that, according to a recent IDC report, will grow to an unprecedented $1.3 trillion by 2019. With this the third wave of the Internet-global proliferation of connected devices, appliances and sensors is poised to take off in 2016. In his session at @ThingsExpo, David McLauchlan, CEO and co-founder of Buddy Platform, will discuss how the ability to access and analyze the massive volume of streaming data from mil...
Feb. 13, 2016 12:00 PM EST
SYS-CON Events announced today that Alert Logic, Inc., the leading provider of Security-as-a-Service solutions for the cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Alert Logic, Inc., provides Security-as-a-Service for on-premises, cloud, and hybrid infrastructures, delivering deep security insight and continuous protection for customers at a lower cost than traditional security solutions. Ful...
Feb. 13, 2016 12:00 PM EST Reads: 474
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 ad...
Feb. 13, 2016 12:00 PM EST Reads: 454
SYS-CON Events announced today that Men & Mice, the leading global provider of DNS, DHCP and IP address management overlay solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. The Men & Mice Suite overlay solution is already known for its powerful application in heterogeneous operating environments, enabling enterprises to scale without fuss. Building on a solid range of diverse platform support,...
Feb. 13, 2016 11:45 AM EST Reads: 278
Fortunately, meaningful and tangible business cases for IoT are plentiful in a broad array of industries and vertical markets. These range from simple warranty cost reduction for capital intensive assets, to minimizing downtime for vital business tools, to creating feedback loops improving product design, to improving and enhancing enterprise customer experiences. All of these business cases, which will be briefly explored in this session, hinge on cost effectively extracting relevant data from ...
Feb. 13, 2016 11:30 AM EST Reads: 159
WebSocket is effectively a persistent and fat pipe that is compatible with a standard web infrastructure; a "TCP for the Web." If you think of WebSocket in this light, there are other more hugely interesting applications of WebSocket than just simply sending data to a browser. In his session at 18th Cloud Expo, Frank Greco, Director of Technology for Kaazing Corporation, will compare other modern web connectivity methods such as HTTP/2, HTTP Streaming, Server-Sent Events and new W3C event APIs ...
Feb. 13, 2016 11:30 AM EST
SYS-CON Events announced today that iDevices®, the preeminent brand in the connected home industry, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. iDevices, the preeminent brand in the connected home industry, has a growing line of HomeKit-enabled products available at the largest retailers worldwide. Through the “Designed with iDevices” co-development program and its custom-built IoT Cloud Infrastruc...
Feb. 13, 2016 11:00 AM EST Reads: 155
Companies can harness IoT and predictive analytics to sustain business continuity; predict and manage site performance during emergencies; minimize expensive reactive maintenance; and forecast equipment and maintenance budgets and expenditures. Providing cost-effective, uninterrupted service is challenging, particularly for organizations with geographically dispersed operations.
Feb. 13, 2016 11:00 AM EST
There will be new vendors providing applications, middleware, and connected devices to support the thriving IoT ecosystem. This essentially means that electronic device manufacturers will also be in the software business. Many will be new to building embedded software or robust software. This creates an increased importance on software quality, particularly within the Industrial Internet of Things where business-critical applications are becoming dependent on products controlled by software. Qua...
Feb. 13, 2016 11:00 AM EST
Join us at Cloud Expo | @ThingsExpo 2016 – June 7-9 at the Javits Center in New York City and November 1-3 at the Santa Clara Convention Center in Santa Clara, CA – and deliver your unique message in a way that is striking and unforgettable by taking advantage of SYS-CON's unmatched high-impact, result-driven event / media packages.
Feb. 13, 2016 10:00 AM EST Reads: 105
As enterprises work to take advantage of Big Data technologies, they frequently become distracted by product-level decisions. In most new Big Data builds this approach is completely counter-productive: it presupposes tools that may not be a fit for development teams, forces IT to take on the burden of evaluating and maintaining unfamiliar technology, and represents a major up-front expense. In his session at @BigDataExpo at @ThingsExpo, Andrew Warfield, CTO and Co-Founder of Coho Data, will dis...
Feb. 13, 2016 09:45 AM EST Reads: 234
Silver Spring Networks, Inc. (NYSE: SSNI) extended its Internet of Things technology platform with performance enhancements to Gen5 – its fifth generation critical infrastructure networking platform. Already delivering nearly 23 million devices on five continents as one of the leading networking providers in the market, Silver Spring announced it is doubling the maximum speed of its Gen5 network to up to 2.4 Mbps, increasing computational performance by 10x, supporting simultaneous mesh communic...
Feb. 13, 2016 05:00 AM EST
Eighty percent of a data scientist’s time is spent gathering and cleaning up data, and 80% of all data is unstructured and almost never analyzed. Cognitive computing, in combination with Big Data, is changing the equation by creating data reservoirs and using natural language processing to enable analysis of unstructured data sources. This is impacting every aspect of the analytics profession from how data is mined (and by whom) to how it is delivered. This is not some futuristic vision: it's ha...
Feb. 13, 2016 04:45 AM EST Reads: 475