Domino Theory's Marketing Blog

Uh, oh. They're Saying Bad Things About us Online...

Posted by jon yoffie

It's bound to happen. You put hours, days, and weeks into building a Smarter Business Communications plan, you have your social media networks running at full speed, your blog is attracting new leads, your inbound marketing is firing on all cylinders. Then, it happens, someone blasts you on Facebook, you get a horrible review on Yelp, your business is being dragged through the mud for everyone to see. What do you do now?



I'm sure our little town of El Dorado Hills where Domino Theory is based, is not much different from where you live. News spreads around town like wildfire. Whether good news or bad, the coconut telegraph never stops clicking out new messages. The Internet operates the same way, but it's not limited by geography. Everyone has a voice and a means to broadcast it. And while we do everything we can to make this exciting new technology work in our favor, it's inevitable that you're going to get kicked in the teeth at some point.

How you deal with a negative situation lays the groundwork for your company culture and customer relationships. Businesses deal with these situations all the time, some better than others. If you make the right decision at the right time, you have the opportunity to not only nip the problem in the bud, but even make your business look better for it.

A Smarter Business Communications Plan includes a pre-determined process for how to handle these situations. Here's ours:

Don't react emotionally. Sure, it's hurtful when bad things are said about you and your business, but when we react emotionally we tend to either fight back or rationalize and ignore the issue. Neither of these two things solves your problem and will likely escalate it. Take your time to be emotional if necessary, but work through that and get your footing solidly beneath you before you respond. It might take only a few minutes, but more likely you'll need  more time than that to separate your personal feelings from your desired professional outcome.

Take the complaint to heart. Whether you agree with the complaint or not, the fact that one customer feels a certain way means there might be others who feel similarly. Most often, your customers won't complain, they'll simply take their business elsewhere. While you do everything you can to please your customers, a complaint offers an opportunity to review your products and processes find areas where you can do even better. Look at the problem as an opportunity to make your business even better.

Look at the issue from your customer's perspective. Maybe she was just having a bad day, but more likely, whether you agree or not, she feels she has a legitimate complaint. Put yourself in her shoes and think about what might turn the situation in your favor.

Most people won't remember the problem, they'll remember how you deal with the problem!

Be contrite. Even if in your heart of heats you feel you've been wronged, turning an already bad situation into a fight will not benefit your business. Apologize and start working on how you can turn an unhappy customer into an advocate. No one wants to hear excuses, what they really want to hear is how you're gong to make it right!

Publicly acknowledge the situation. Make sure everyone knows that you take it seriously, respect your customer's position and are adressing it. Then, as quickly as possible take the conversation private. Send a direct message or e-mail with an offer to discuss the experience in a more personal manner. This gives them the attention they seek without having to deal with issue in public.

Share your appreciation for the feedback. Remember, most customers won't complain, they'll just take their business elsewhere. If you're serious about this step, you have a great opportunity to improve your business and begin to turn a problem customer into an advocate.

Ask how he would like to see the problem solved. If the request is reasonable, you should meet it immediately. If the request is beyond what you can afford, explain that and offer an alternative. Keep your focus beyond the one event. Try to make your solution one that gives you another opportunity to work with the upset customer within the environment where the problem started. Help them understand that the bad experience was an exception. The goal is not to make the problem go away, but to turn a back experience into a good one.

Take this approach and you'r much more likely to have your once upset customers singing your praises - and that'something it's even difficult to get happy customers to do!



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Tags: Inbound marketing, social media, Facebook, Communications, plan, Business, El Dorado Hills, word-of-mouth, Social, strategic, customers, advocates

Know the 6 Steps in Your Customer's Buying Cycle

Posted by jon yoffie

Do you have a sales process? Unless you're just winging it, you likely track your sales prospects through a series of steps until they purchase - or not. Perhaps you call it  a sales funnel, lead nurturing, or have another name for it. When you built this process, did you consider that your customers also have a buying process? Does your sales process mirror the buying process?

A buying process? At Domino Theory: Smarter Business Communications we coach our clients to mirror the buying the process rather than force your buyers through your sales process. Let's take a look.

Forget about your customers for a minute and think about yourself - we're all making buying decisions all the time. What is the process your buying journey takes?

Whether we're buying a new pair of shoes, a new car, or a new backpacking tent, we generally will travel the same path. If you keep this path in mind during your sales process, you'll be able to lead your customers through the process, helping them with the right information at the right time leading to the decision that fits their needs - a purchase of your goods or services!

It could very well be a new watch, pair of shoes, bottle of wine, or a skateboard for your son, the process is typically similar. To simplify this, let's look at the 6 Steps in a typical car purchase.

Interest
Your lease is up, your car is spending too much time in the shop, or you just want a shiny new car with all the latest technology. Whatever your reason, you have developed an interest in buying a new car (new car, used car, it doesn't really matter, the process is the same). This stage can be short (your lease is up, your engine seized, etc), or longer (you want to replace your vehicle, but have no urgency). Whatever the reason, you have developed an interest in purchasing a vehicle.


Educate
The next step on our buying path is to educate ourselves. With so much information available online, the Internet is the go-to place where most of us begin to research. Some people check the car sites, some read safety information, others want to know about performance, reliability, or fuel efficiency. We look at pictures, color options, interiors finishes.


We also seed advice from friends, family, and even strangers. We ask questions of people who own a similar make and model. perhaps we visit bulletin boards online or post questions to our Facebook friends. How many people does it seat? How comfortable is it? How much does it cost? What are the advantages of buying new versus used?

Ultimately we visit the dealer or a private seller. Here we continue to educate ourselves. We inspect the car, get brochures, ask more questions, and more likely than not get hit with a sales pitch that makes uncomfortable (because we're still educating ourselves, we're not ready to make a decision yet!!)

Have you noticed how long and and extensive the education process can be? This is why Domino Theory is such a strong believer in Content Marketing! Ultimately, though, we are ready to move to the next step.

Transfer
Finally, we're ready to get behind the wheel for a test drive. Ownership has been transferred, at least temporarily. This is the same thing as when we try on a new pair of shoes or listen to music sample on iTunes. When you try the free samples at Costco, the seller knows you are one step closer to making a purchase decision.


While that 5-minute test drive around the block gives us information about the car, it also allows us to take ownership of the vehicle and see how it feels to own it. Some people want to crank the stereo, others step on the gas and give it a go, while others just want to get a feel for how they look in the car - do people check it out?

Justify
We've reached the 5th step of our purchasing journey. Can we justify the purchase? Do I really need a new car? Can I really afford it?  Should I be buying used? Should I be buying a new car? Do I really want an SUV with gas prices where they are? Can I fit all my stuff in this little hybrid? Do I really need all the performance? Is red too flashy? Will silver look clean longer? Can I buy a used car from someone I've never met before?


A lot of times our purchasing process ends here. If we can't justify the purchase, it's time to go back and Educate ourselves further and cycle through the process again. Think about how man pair of shoes you've put back in the box and handed back to the sales person, how many boxes of cereal you've put back on the shelf, how many restaurants your didn't walk into after reading the menu outside. You couldn't justify the purchase even though there was a product that potentially satisfied your needs.

If you are able to Justify, you finally move to the final stage.

Decide
You're ready to buy. No one "closed" you with a hard sell - or if they did, you were still able to justify your purchase. You drive home in your new car, and you immediately become part of someone else's Education process as they check out your new car and ask you questions about it and where you got it.


This sounds familiar, doesn't it? Now apply this process to your customers and their purchasing process. What can you do to Interest them, Educate them, to get them to sample your offering, to demonstrate the ROI, and ultimately to Decide that your product and service is just what they were looking for?

When you align your sales process with your customers' buying process, you are able to hold thier hand  and pull them to the next step. If you know they're interested, help educate them. If you know they are educated, give them a way to sample try out what you're offering. Once they've tried it, validate why your service meets the criteria they've shared with you.

Then, close the deal!


 

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Tags: leads, Marketing, Content Marketing, Inbound marketing, Facebook, Communications, Customer Acquistion, Business, El Dorado Hills, word-of-mouth, strategic, customers, Sacramento, Folsom, Smarter, El Dorado County

The 4 Stages of Learning about Social Media and Content Marketing

Posted by jon yoffie

Just like Smarter Business Communications is part of our DNA at Domino Theory, martial arts is part of our lives at home. My wife and I started our kids in kinder-kicks before they started grade school. We thought it would be a great way to help them develop their coordination while learning respect and discipline in a setting outside the home. Somewhere along the way, rather than turning martial arts into something we make the kids do (you parents know what I mean!), we decided we would turn it into a family activity - something we could do together, forever.



We've all watched action movies and seen various martial arts performed. I always thought, as a pretty good athlete, how hard could martial arts be? Kick, punch, I mean I wasn't Bruce Lee, but I'd done these things since I was a kid. I didn't know, what I didn't know.

The thing I remember most about my early training was how awkward the movements felt, how difficult it was to master the little things - proper stances, balance, hand positions. I was learning what I didn't know. My recourse was to to muscle my way through, eschewing technique for brute force.

Slowly, and I mean slowly over the course of years, I began to learn to flow, to relax my movements and allow speed rather than mass to power my strikes and kicks. Force=Mass x Acceleration2; Acceleration contributes exponentially more to force than mass does, and since you can't easily alter your mass, concentrating on speed will better increase your force. I could do this, but I needed to concentrate, to tell myself to relax, to allow my muscles to loosen and flow. I could do this only so long as I was conscious of doing it.

Now years into my practice, I am a 2nd degree black belt in my school (as are my wife and kids). My instructor occasionally mentions how much I've improved and how much better and relaxed my movement is (it still needs lots of work). I can more often let my subconscious take over and put movements together into a flow without having to think about them.

Equally important to me, I have also learned why pursuits like the martial arts, piano, chess, writing, etc. are lifelong endeavors, why earning a black belt is not just a box to check along the way.

The more I learn and the more I advance, the more I realize what I don't know and the more I see where my skills need improvement. The farther I advance, the farther away the final destination of expertise seems. However, I can also recognize how far I've come and can better respect the perspective of the white belts who come to class thinking like I did, how hard can this be? They are just beginning to learn what they don't know. Many never get past that stage - they decide they don't want to make the commitment to learning a new skill, and I can't blame them - it is a commitment of hours, weeks, months, and years - a lifetime.

But you know what? We all start there in any new pursuit! A black belt is just a white belt that didn't quit! By starting and not quitting we are way ahead of those who never start at all.

These 4 stages my training goes through are the normal stages of learning. To put it perspective, think about when you learned to drive.

  1. You don't know what you don't know. Riding around with your parents, you always thought driving would be easy. If you are like I was, you were better at it than your parents before you even got behind the wheel!

  2. You know what you don't know. The first time you get behind the wheel, you can't find the pedals with your feet, your eyes can't find the mirrors, the car doesn't seem to go where you steering it. It is much harder than you had imagined it would be.

  3. You consciously can perform the skill. You can drive, but it takes all your concentration (turn signal, mirror, look over your shoulder, change lanes...).

  4. Until finally, you subconsciously can perform the skill. Now you drive down the highway and realize after five minutes, you have no idea what's been going on around you because you've been lost in thought; your conscious mind is engaged in another activity while your subconscious mind is driving the car. You've mastered driving and can drive without even thinking about it.


I've been going through this same process in the world of social media and content marketing since I launched Domino Theory. I have over 25 years experience in media and marketing. I have been involved in web site and e-mail marketing since the early days of both in the 1990's (just like I was always active in sports and fitness). But social media, content marketing, search engine optimization and similar skills were areas outside my daily work (like martial arts was new to me). It was easy to ignore them since I was entrenched in "traditional" media and marketing - I didn't know what I didn't know.

And just like when I started in martial arts, I thought, "How hard can this social media stuff be?" Fortunately, my martial arts experience helped me to quickly realize I was a social media white belt. I realized right away what I didn't know. I dove into reading, researching, and tapping social media and online training.

The more I learn, the more I realize I have to learn. The better I get, the more I realize there are people who know more than I do. But I also know that I am way ahead of most. Most, like the white belts who never come back after visualizing the journey ahead, have decided they don't have the time, energy, or inclination to learn a new skill or fit a new activity into their lives.

This describes most business owners I meet when it comes to social media and business communications. They haven't even walked in the door to the dojo yet to put on their first white belt and step onto the mat. They are mostly very good at what they do, but they don't do business communications! And that's too bad. Too bad because they are falling short of optimizing their business opportunities. And too bad because if they continue to ignore the opportunity they will eventually be leapfrogged by a competitor that made the commitment.

You are a black belt in your business arena. No one knows your business better than you do. No one needs your expertise more than your customers do. No one is looking for your expertise more than your potential customers are. A smarter business communications plan will allow you to stake a claim to your expertise in your marketplace, make you the go-to resource. It will help you keep customers around longer and attract more of them. To share that expertise, you need a smarter business communications plan.

Unless you plan to sell your business next week, now is the time to join the social media dojo. If you do it now, chances are excellent you'll be there long before your competitors and gain that first mover advantage. The longer you wait, the more you put your business at risk.

Working on smarter business communications is a lifelong pursuit. At some point, probably sooner rather than later, the skills will be required for business survival. You've likely thought about it before and you know it to be true. There is no better time than now to start your training.


 


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Start your planning with a FREE Copy of Domino Theory's Interactive Smarter Business Communications Worksheet, just fill out and submit this form.[contact-form-7 id="541" title="Contact form 1"]

 

Tags: Marketing, Content Marketing, social media, Content, Communications, Customer Acquistion, plan, Business, Social, strategic, customers, Smarter

8 Steps to a Smarter Business Communications Plan

Posted by jon yoffie

At Domino Theory we continually are talking to businesses that have no formal communications plan or strategy. Many of these businesses are moving as fast they can to running day-to-day operations and while they'd like to have a communications plan, they view it as a "soft" business area meaning it would be nice to have, but not necessary to profitable operations.

Domino Theory's response?
- Define profitable.
- How profitable do you want to be?
- How much more profitable could you be?

Studies conducted over the last two decades suggest that formally documenting a company's communication strategies positively impacts the bottom line. In fact, consulting firm Watson Wyatt found that companies with the "highest levels of effective communication experienced a 26 percent total return to shareholders" over a four-year period as compared to the "-15 percent return experienced by firms that communicate least effectively," as reported in "The Essentials of Corporate Communications and Public Relations," published by the Harvard Business School Press. 

Putting together a Smarter Business Communications Plan does not need to be a daunting exercise nor does it need to dominate your working hours. Done correctly, taking your business through the following steps will have benefits far beyond the development of a Communications Plan.



Domino Theory's Smarter Business Communications Planning

Objective
Define your desired outcome. Be specific. More customers isn't enough. How many more? Over what time frame? Are some customers more profitable than others? How are they different? Are you looking to grow a market or grow share in an existing market? What is your current competitive situation? Who are the leaders and laggards in your market? What are they doing better, worse and differently than you? It would be highly beneficial at this stage to complete an entire SWOT analysis (Strengths, Weaknesses, Opportunities, and Threats). How do customers find you? Why do they leave? Research shows word-of-mouth to be the number one influence among purchasers. Keep this in mind as you shape your communications objectives. Most importantly, always tie your communications objectives to business objectives.

Resources
What resources of time and money can you allocate to a communications plan? Should you manage this in-house or contract with an outside firm like Domino Theory? There are benefits to both approaches, but if keeping the process in-house means you won't get around to getting a Smarter Plan in place, be honest with yourself. Even if you outsource, you will need to dedicate time in your calendar each week and month for status updates and evaluation, so don't expect to be able to hand off the process completely.

Audit Your Current Communications
Take an inventory of all of your current communications. Get copies of every every piece of collateral, print outs of web pages, social media pages, signage, logos, promo pieces, etc. What is working? What isn't? What is being neglected? What is current? What is out of date? What are you doing well? What are you doing poorly? Do an honest evaluation and build from what you have already created.

Define Your Audiences
Most businesses will have multiple audiences to address through a Smarter Communications Plan. Internal audiences, existing customers, past customers, potential customers, and influencers are among the audiences you should consider for your plan.

Craft Your Message
You will likely find that there is significant crossover of the messaging for the various audience segments you've defined. Each segment is likely at a different stage of their buying cycle (Interest, Educate, Trial, Purchase, Reaffirm). A well crafted message can often speak to each segment of the cycle eliminating the need to create a new message for each. Testing your messaging at this stage is an important step that is overlooked by too many businesses. Include A/B testing in your plan. Testimonials can also be very powerful, ask for them from satisfied customers.

Select Your Communications Channels
Advertising, brochures, flyers, web sites, e-mail, and social media are often the first channels that come to mind. But don't overlook verbal communications - are there conversations within your place of business and with your audiences that you can start now? Can signage and logos be better displayed? Start with the basics and move from there.

Build a Communications Timeline
Which of your communications elements should roll out first? Which will take longer to create and implement? Set priorities and deadlines. Commit to your dates!

Measure and Tweak
None of the above matters if you don't have the tools in place to measure your progress. If you set measurable objectives against time in Step 1 (above) you now can measure the success of your program. Keep rolling with what works and tweak and evolve the elements that aren't delivering as expected. Be sure you are measuring both business and communications objectives. The feedback you get from this sage of the implementation is your roadmap as you revisit each of the steps outlined above.

Remember, a product, service, or business strategy that is not widely and skillfully communicated to company stakeholders is likely to limp along and eventually fail or simply disappear. Don't short sell yourself or your business by not letting the world know what you do and how good you are at doing it. The only one who will be happy with that strategy is your competition!

For a free consultation on your Smarter Business Communications Plan, contact us through the form below or fill out our interactive planning worksheet online here. [contact-form-7 id="541" title="Contact form 1"]

Tags: leads, Marketing, Content Marketing, Content, Communications, Customer Acquistion, plan, Business, word-of-mouth, blog, time management, strategic, customers, advocates, Smarter

RIP Netflix; Long Live Netflix

Posted by jon yoffie

Domino Theory can come to only one conclusion: Netflix wants out of the DVD rental business.



We've been a Netflix subscriber since July of 2001. At that time our kids were little, we were homebound many weekends and evenings, and the ability to have 3 movies on hand at any given time without the worry of late fees was manna from heaven (this has absolutely nothing to do with the detour to return a DVD on the way to hospital for the birth of our first child - I swear!). We've been turning family and friends onto Netflix since the early days.

Our kids, now pre-teens, stream movies and TV shows and we watch our DVD's, all for only $19 a month. Well, that was BEFORE Netflix decided that streaming and renting deserve unique billing structures. Now we pay $26 a month for the same privilege.

The price change caused us to look at our Netflix usage and evaluate the relationship. While the kids still stream movies and TV shows with some regularity, we watch fewer and fewer movies on DVD (FWIW, we have a BluRay player, but still watch DVD's primarily). Our thinking was that it's only a few $ a month more and we'll probably watch more movies during the winter when it's dark earlier and there are fewer evening activities to draw us outside.

But Netflix wasn't done with us! Today Netflix announced that Streaming and DVD rental will become two entirely separate businesses. WTF? Was Netflix broken? Did anyone outside of Netflix want the services divided? Each service, Netflix for streaming and Qwikster for DVD rentals, will have its own web site and they won't be integrated? Really?


Netflix' CEO, Reed Hastings, is undoubtedly smarter than we are at Domino Theory. He must know what he's doing here. He must know that announcing this change on the heels of the recent pricing increase is going to tick off a huge chunk of his loyal customer base. I mean he's sending all his Netflix customers back to square one by shifting the DVD business to a new site and a new name. Forget about the tech savvy customers who are reading about this today in their business feed, what about all those movie fans who don't have the technology or know-how to stream and could care less about it. Off to Qwikster with ye!

So what is Netflix really up to? The only conclusion we can come to is that Netflix really doesn't give two hoots about their DVD customers. The margins for the streaming business must be good enough that any small growth there will replace the larger loss of customers on the DVD side (adding game rentals ain't gonna make up the difference, that's for sure!). Netflix is ready to take on Comcast, DirecTV, Hulu, Apple, Amazon and all other comers in the streaming space. Netflix must be willing to walk away from their dominant business in DVD rentals.

So here's how Domino Theory is voting: For the time being, we'll keep our Netflix account for the streaming service. When we're asked to migrate to Qwikster for the DVD rentals, we'll be checking out. Meanwhile, Netflix is forcing our hand to explore all the competitive movie-on-demand/content streaming services we've only flirted with up until now.

You tell us, does Netflix have  Smarter Communication Plan?

 

Tags: Marketing, Content Marketing, Content, Communications, Customer Acquistion, plan, Business, strategic, customers, Honest, Smarter

Help Your Customers Find You in Social Media

Posted by jon yoffie



You built your Facebook page, launched your Twitter account and... nothing?


If you're just arriving at the Social Media party, expect to be playing catch-up for a while. Your competition may have a head-start and you can bet that your customers do, too. The good news is that in this dynamic environment, there are great tools that will help you find your customers and help your customers find you in a hurry!

Your customers won't know you have a Facebook page or Twitter account unless you tell them. It might seem obvious to you now, but you'd be surprised how many business web sites do not ask their customers to join them on Facebook and Twitter. It's a must! Point them to your social media and make it easy for them to join. Put links on every page, every article, every blog post.

Share your numbers! People love to go where others are hanging out, so use a Facebook button that shows how many followers you have and who they are! Remember, this is  "Social!"

The Internet isn't the only way to help customers join your conversation online. Your unique Facebook URL and Twitter address should be on all of your printed materials, too. Brochures, business cards, you name it. Point your customers to your pages and feed! Tell them what they'll find when they get there!

Offer an incentive for joining you. If they are to join your community, they are doing so as a customer not a friend. You can find success getting them to join by running a drawing or offering free reports or e-books. Giveaways of products or services have proven successful for many. Coupons or discounts are also great incentives. But make sure they have to "Like" your page or subscribe to your feed to earn the incentive!

To begin building your Twitter presence, here is a great list of step-by-step instructions from Chris Brogan on How to Build Your Social Media Influence with Twitter Lists. Follow these instructions and you're well on your way!

Track your metrics. If you haven't set measurable goals over time for your social media effort, stop right here. Without a set measurable objective and timeline over which to achieve it, how will you ever know what success looks like?

When you know what you want to count, there are great tools available  that allow you to measure everything. Which of your Tweets are delivering clicks, getting Re-Tweeted, you name it, you can count it. Some goes for Facebook. Keep track of the types of content that your customers share, like and comment on. Run A/B copy tests. Tweet your Facebook updates and track the response when you combine efforts.

Don't feel like you are starting from square one. Much of the heavy lifting has already been done for you when it comes to utilizing data to optimize your Facebook results. Here are tips that will help you succeed:

  1. Keep your status updates short. Posts of fewer than 80 words will maximize your results.

  2. Optimize your frequency. More is not better. Over saturate your customers news feed with superfluous information and you're gong to get tuned out. Research shows that an average of 2 posts per day is optimal for most businesses.

  3. Photos and videos generate the most response. Use them! Create infographics, use Slideshare. Visual communication will response!

  4. Optimize timing. Data shows that posts between 10AM and 4PM Eastern time generate the most response. Schedule your posts to take advantage.

  5. Thursday and Friday tend to be the best days for generating customer interaction. Use them!


Social media can be a very successful business driver. Help your customers find you and make sure they're glad they did. Then, they'll tell two friends, and so on...

 

Tags: Marketing, Content Marketing, social media, Facebook, Communications, plan, Business, Social, customers, Smarter, Twitter

How to Avoid Triggering the BS Meter

Posted by jon yoffie

"Yeah, right." The common call of today's consumers. Face it, they're not buying your story.

Triggering the BS Meter

According to the people who study this stuff, the average American sees over 3,000 ads per day. Everyone is trying to build a brand. Ads on TV, radio, newspapers, magazines, billboards, and web banners are ubiquitous. There are ads in your grocery cart, on your store receipts, in bathroom stalls, wrapped around cars, everywhere you turn! Consumers are so inundated that their first reactions is to ignore the message all together. (Name 3 web ad banners you've seen so far today. Not easy, is it?).

There was a time when consumers recognized the well-dressed spokesperson on TV or carefully read the nicely worded advertisement in the newspaper. Now, they don't need to believe advertising. Consumers have many choices when making purchasing decisions. Any little blip on their BS meter and you're relegated to the "Ignore" pile for eternity!

Read your own marketing materials. Are they full of buzz-words? Optmize, maximize, monetize. Best-of-breed, push the envelope, outside the box. Bandwidth, stickiness, repurpose, synergy. Let's take this offline. If you cringe at the sound, you can bet your customers do, too! The business English slung around the office is the WRONG thing to use in marketing messages.

The truth of the matter is that consumers don't want marketing messages at all. They want knowledge!

Consumers don't want overblown promises. Unless your product will make the bed, do the laundry, fold it and put it away, it's probably not really going to offer a life-changing experience. Tone it down!

The goal of you message should be to develop a connection. Earn trust. Give your clients a low-cost way to test drive your ideas or products. Invest the time to develop the conversation. Just because you are excited about the new ad campaign, don't expect your customers to share your enthusiasm. Strong relationships take time to develop.

Message on a human level. A perfectly polished corporate image is bound to set off the alarm. Share your challenges alongside your successes. Admit mistakes and turn them into opportunities. Transparency builds trust.

In a world filled with BS, it takes time for your honesty to be recognized as such. But you can be believable! Use straight forward language, share your knowledge freely without acting like the smartest person in the room. Tone down your promises.

Most importantly, make a commitment. Make a commitment to your customers and make a commitment to smarter business communications. Trust your initial instincts and give campaigns the time they need. Spread them across a variety of media. Don't expect miracles from the "killer ad" or the one-time ad blitz. Commit yourself to earning the trust of your customers over time. And once you've earned that trust feed it and nourish it.

Your customers may be jaded and skeptical, but you can win them over! The good guys can win!

Tags: Business, customers, Communications plan

Social Media for B2B Companies

Posted by jon yoffie

Smarter business communications requires an ever evolving strategy and continual addition of new tactics to your quiver. Your business can see huge returns from a solid social media strategy that connects with customers in a meaningful way, creates dialog with those customers, builds advocacy, and, as a result, drives dollars to your bottom line.

If you haven't begun to implement a social strategy for your business, you need to at least understand what that decision means. We believe that a solid social strategy will benefit your business no matter what industry you're in.

When you begin to strategize about for social media for your business, start by setting objectives. Measurable ones. Setting up your LinkedIn Group or Facebook page without knowing what you want out of it is like heading out of your driveway without knowing where you're going. You need a plan!

Setting objectives shouldn't be overly complicated. What are your business objectives? Near term? Long term? Match up social media objectives against these objectives and time lines.

Here are ideas to stimulate your brainstorming session:
- What issues are affecting your customers' business and how does your product or service help solve them?
- What customer service issues is your business facing?
- How successful is your current communications strategy? Are there issues that social media can help solve?
- Are employees filling the vacuum by using social media independent of company strategy?
- Where are your customers most active?
- What resources are you willing to allocate over a timeline sufficient to deliver results?
- How will you measure success?

The place for most businesses to start isn't in the social networks, but on your own web site. Start with search results. Do a search for you business, your competitors, your customers. Is your site optimized for search? Are you showing up on the first page? Second? Have you set up your free Google Places page? If you're seeing the results you would expect, your first task is to focus on search.

Capture leads on your site. Ask for e-mail addresses and in return offer content of significant value. Have surveys, ask questions, create interaction. Give your customers a reason to make visiting your site part of the online routine.

If you don't have a blog. consider starting one. If you have one, be sure to optimize it for key words. Blogs are a great way to raise your search profile and increase your site visibility. At the same time it helps establish you as a thought leader in your industry and gives you content to share with customers and prospects that is void of a sales message.

Before you jump into the big social networks, find out where your customers and industry are most active.

Join relevant LinkedIn Groups. Spend some time observing to learn how people in the group interact. Pay attention to posters who illicit the most interaction. When you are ready, introduce yourself to the Group with a short professional bio and include what you hope to get out of being part the Group. Try to connect with thought leaders in the Group. Respond to their posts, share their posts with other Groups, ask them questions. Don't feel you always have to start the conversation - the best way to raise your profile is by contributing to an ongoing discussion. Post links to webinars and videos on your web site. Trust your knowledge - don't be afraid to post. If you do make a post you'd like to change or delete, you always have that option.

If you aren't using Facebook for your business, or even if you aren't active on it socially, now's the time. Over 750 million people use Facebook. Starbucks has over 24 million Facebook fans, Pepsi abandoned its long-running Super Bowl campaign to shift dollars to Facebook marketing. Facebook for Business has great tools you should explore. Pages, ads, sponsored content, and a long list of apps.

Twitter is another great tool for business. But like with other social media tools, if all your messaging is self-serving and all you're trying to do is drive traffic to your own web site, you'll soon be relegated to the white noise category that gets skipped over by the majority of your audience. Share your knowledge, be a good listener, follow the right people, establish an identity.

Your social media plan should be one that rolls out over a period of months. Give it plenty of runway to get up to speed. Expect hiccups along the way and you'll be better prepared when they happen.

Measure your results. Tweak your plan. Continually evolve.

Social media is not an end unto itself. It is an important new tool that allows you to connect and interact with your customers in ways that will help drive your business success.

 

Tags: social media, Communications, plan, blog, Social, strategic, customers, advocates

What's Your Customer Retention Plan?

Posted by jon yoffie

I'm a bit of wine geek. I think it comes from being a northern Californian and having been in or near wine country much of my life. Like my fellow wine geeks among you, I have my a list of wines and wineries that make up my favorites  and go-to wines, but I am always on the lookout for something new to try.

Dave, who runs the local wine shop knows this. There's not an occasion that I walk into his shop when he doesn't point out to me that a new vintage of one my favorites has arrived and he has set a few bottles aside. "Let me go grab them for you," he'll say, "and while you're waiting, have a taste of this new wine I just got in, you're going to love it!"

These simple techniques have made me a loyal and regular customer of Dave's. He has spent the time to understand what I like, he makes me feel important by setting aside wine, "just for me," and he knows I'm curious about new wines so he makes sure he has something around for me to try.

Dave knows that a regular customer like me will buy multiple bottles on many occasions making me a more valuable customer than a walk-in who buys one and perhaps never returns. He spends significant time and energy to make sure that the value and experience he offers me exceeds anything I would typically get if I were to walk into a shop where no one knows me. In return, Dave not only gets a repeat customer, but one who willfully sends friends and acquaintances to Dave's shop.

How are you working to retain your best customers? If you measure the total lifetime value of your best customers, you'll realize that a customer retention program should be a top priority.

A good customer retention program will have these elements:

  1. A customer database. By keeping track of your customers you'll learn their buying habits and needs and be better able to serve them pro-actively. You will also be able to measure their value to your company over time.

  2. Regular communication. No matter how good a customer you think they are, you should expect that your competition is courting them. Make sure you stay front and center. Use newsletters, e-mail, and phone calls to keep customers up to date on new products and services and to pro-actively address any problems. Where appropriate, in-person visits are even better. Make sure you solicit feedback to ensure your business is meeting expectations. Don't reach out only when you have something new to sell, make the success of their business a key piece of yours.

  3. Rewards for loyalty. Depending on your business, use frequent purchase programs and coupons for repeat customers. Explore discounts based on volume purchasing or other value-add services. Provide white papers or special research that will help your customer improve their business. Even a small gesture will make an impression and let your customers know that you will continue to work hard to earn their business.

  4. An acceptance that complaints are an opportunity to learn. Most customers will never complain - even if they are unhappy. View complaints as an opportunity to show your customers that you are committed to customer service. View complaints as an opportunity to improve your products and service.

  5. Barriers to exit. Making it difficult for your customers to leave can be a strong retention tool and can even enhance customer satisfaction provided your tactics are ethical and not sleazy. Use exit penalties in contracts, product upgrades, and customized solutions. However, be sure that you don't become callous with these tactics or you risk alienating your customers and scaring away new ones.

  6. Promotion materials that recognize your customers. Case studies, white papers and testimonials are a great way to highlight your customers. Let the spotlight shine on them. Not only will they appreciate the exposure you provide, but they will likely share it with potential new customers that would also benefit from your products and services.


Research shows that you will spend 5x more to acquire a new customer than you will to retain and satisfy an existing one. A 5% reduction in customer turnover can result in a 25%-125% increase in profits depending on the industry. The #1 reason customers change vendors is due to a perceived attitude of indifference on the part of the service provider.

While you're pondering how you will implement your customer retention plan, I think I'll run down to Dave's wine shop to see what goodies he has for me this week!


Tags: leads, Communications, plan, word-of-mouth, strategic, customers, advocates, Uncategorized

5 Key Steps to a Smarter Communications Plan

Posted by jon yoffie

As Winston Churchill said, "He who fails to plan is planning to fail."

Successful businesses don't happen by accident. Hard work and long hours put against a plan towards a set objective is the most successful path. A key element, often overlooked or neglected, is a communications plan that integrates internal and external communications, educational programs and advocacy.

If you believe like we do that people want to connect with you, not buy from you, a communications plan needs to be a priority. Follow this plan for Smarter Business Communications and your business reap the rewards!

These 5 steps will set you up to be pro-active and strategic and keep you from falling into the trap of reacting to events all around you.

1. Recognize that each of your organization's efforts has a communications element. Communications is key to every aspect of your business. Hiring, training and retaining employees, product development and testing, internal reporting, and attracting and keeping profitable customers are just some of areas where an ongoing communications plan is critical to your business success.

2. Set your communications goals. For each group with whom you communicate, set a clear objective. Why do you want to communicate with this group and what should be the outcome of your successful communications program? Your audience list should include groups within your organization, partner companies and investors, current customers, targeted customers, key influencers, and the press. You may find that one plan can serve multiple groups, but you'll likely find that different groups are served best by different tactics. For instance internal audiences might be fine with a weekly e-mail blast while the press will require a properly structured press release and follow up.

3. Dedicate time and staff. Messages must be timely, relevant, and consistent. Employee newsletters, customer facing blogs, press releases, Facebook updates, staff meetings, investor relations, and sales materials make up a good list to start with for your program. Add to the list as you identify your businesses unique needs. Set a publishing schedule and stick to it. It's too easy to get distracted by the emergency of the moment. Consistency will drive the success of your communications plan.

4. Develop content that adds value. Your cusomers don't want to be continually bombarded with your latest products. Do that and you become white noise that's skipped over (like you do your self every single day with messages that aren't relevant). Instead of selling, find ways to highlight employees, customers, and partners. Deliver content that your readers can use to better thier businesses. Become a resource. There are e-mails and blogs that you rarely go a day without checking in on. Your goal is become one of those for your customers!

5. Measure, evaluate, revise. Pay attention to the feedback. Use online tools to measure engagement. Run A/B copy splits to determine how your audience reacts differently to different messages and delivery. Continually tweak and improve your plan.

By starting with these 5 key steps, you'll be on your way to creating an environment of happier, better informed employees, more engaged and connected customers, and a stronger list of new business prospects!




Domino Theory: Smarter Business Communications welcomes your feedback. You can e-mail us through the link at the top of this page and find us on Facebook at www.facebook.com/dominothry

 

 

 

Tags: leads, Communications, plan, strategic, customers

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