Sales Strategies for the New Economy

Friday, October 28th, 2011 by shahar

We dedicated a few episodes of BuzzBooster TV to talk about sales strategies.

In this episode we cover negotiation skills and how to find the broken windows.

In order to achieve long lasting prosperity as a small business owner you need to understand and master sales.

Watch BuzzBooster TV by clicking here

Why businesses should be using social media

Sunday, October 23rd, 2011 by shahar
social media

click on image to see it bigger

The social media effect

Take a look on this infographic how social media and good content can impact a business.

You can see that not only social media marketing is a process it has a huge potential of reaching your target market in a very unique way.

You need to worry only about creating good content

Technology and the elderly

Saturday, October 22nd, 2011 by shahar

I couldn’t help taking a picture of this couple. It was so cute!

They were having breakfast while reading the news….in their tablets.

No newspapers going around the tables. It is amazing to me how all generation are quickly changing their behavior towards technology.

The rise of Web Series

Friday, October 21st, 2011 by shahar

We’ve been speaking on this topic in most of our speaking engagements and telling people what a great opportunity this is for small businesses as part of their small business marketing strategies.

Now Blip Tv and Dynamic logic have provided some data on the viewership of Web TV series.

According to the research, cable TV is seeing viewing drop off in this particular demographic (Blip.tv viewers) of around 9% compared to six months prior and that same demographics is watching around 26% more online video (via PC), 19% more on mobile devices and 18% more on video consoles.

Original online video content is replacing the standard TV watching time. The most common time to watch online web series is 8-11pm with 6-8pm just behind it.
banner ads were reported as being most favorable for original web series viewers (35%).
Pre-rolls came in second with just 15% stating they preferred them which means that those mid-rolls that some places are so fond of probably aren’t all that popular.
the average viewer of a web series is 33-years-old, college-educated (60%) and almost evenly divided between men (51%) and women (49%).

Marketing Advisor Certification

Wednesday, October 19th, 2011 by shahar

We had an amazing call inviting some people to become a BuzzBooster marketing advisor.

I’ve put the replay here so you can consider this opportunity in your business.

Click here to listen about the BuzzBooster marketing advisor certification

Social media campaigns

Wednesday, October 19th, 2011 by shahar

Live Social Media Campaigns Generate Buzz

Running real-time “live” social media campaigns is one way marketers can effectively use social networking to generate positive buzz for their brands, according to [pdf] a new report from WaveMetrix. Results from “Q3 2011 Benefits and Limits of a Social Media Fanbase” indicate that both Domino’s Pizza and Burberry have achieved impressive results from live social media marketing campaigns.

A brief review of each campaign follows.
Domino’s Takes Manhattan

In July 2011, Domino’s Pizza put up a billboard in Times Square streaming live comments from their customer feedback forms. Although comments are vetted for bad language and appropriateness, Domino’s maintains that they are otherwise unfiltered and that both negative and positive feedback will be streamed. This move is part of a global effort to improve the pizza brand’s image, following the controversial YouTube video in April 2009 showing Domino’s employees tampering with the food.

WaveMetrix analysis of consumer reaction to the new billboard shows that they perceive it to be a “brave” and “respectful” act. This is especially true given Domino’s previous experience with social media, but the brand is now using it as a tool to appear more open and honest. WaveMetrix analysis also shows that it is not just Domino’s Facebook fans who praise the new strategy, but also other internet users who are not all Domino’s customers, suggesting far-reaching engagement.

WaveMetrix analysis indicates that 12% of consumers reacting to the Times Square billboard say it is a “brave” move, four times the 3% who call it “foolhardy.”
Burberry and Twitter Get Exclusive

Burberry partnered with Twitter during this year’s London Fashion Week in September 2011 and introduced what the two companies are calling a “Tweetwalk.” Backstage photos of every look were taken at the Burberry Spring Summer 2012 show and shared with the brand’s Twitter followers right before the models hit the runway.

WaveMetrix analysis reveals that Burberry’s Tweetwalk show, which ran alongside its catwalk show, generated overwhelmingly positive buzz, before, during and after the show, with consumers impressed at their “bold” use of social media and appreciating the fact that they were seeing the Spring Summer collection before even those sitting in the front row of the show. Twitter users described their enjoyment at this feeling of exclusivity and expressed their excitement and anticipation about seeing the new collection.

Almost four in 10 (38%) consumers commenting on the Tweetwalk discussed feelings of exclusivity, while 30% of posts about the Burberry brand or products focused on exclusivity.
Beware Backfiring Social Media Ads

While live social media campaigns can produce dividends, other report data indicates marketers considering negative, mocking or even charitable social media promotional campaigns should first carefully consider how consumers may react, as a poorly designed social media campaign can create the wrong type of online buzz.

Sales Strategies for the New Economy

Tuesday, October 18th, 2011 by shahar

I don’t need to tell you that things have changed a lot. Markets have changed and the way the consumer buys has changed a lot in the last few years.

There is extreme importance in revisiting your sales strategies and align them with this new consumer. As a small business owner you need to understand that creating a structured sales process and improving your negotiation skills is crucial in your small business marketing strategy.

Most of the time you are more resistant to sell than the client to buy.
It is a lot about psychology and not about sales tricks.
There needs to be a design of the sale you can apply anywhere and become a master negotiator.

I want to share with you a system I’ve created to increase conversion in any type of selling. It is based on psychology and consumer behavior and I’ve tested several times in one on one negotiations, over teleseminars and on stage.

It goes through 5 steps where you can choreograph your negotiation:

1.Find the broken windows: This principle comes from the New York police where they look for homes with broken window because they show there is a problem there. We need to allow prospects to unveil their problems. This step decreases anxiety, shows where the problems are so we can pin point the core points.

2. Join and conduct the Tango: Prospects already have a conversation going inside their minds. This conversation tends to carry a lot of drama and fear. It is up to the negotiator to join this conversation, create rapport and conduct the dance.

3. Incorporate mystery and rituals: (we need some level of tension around their needs). Remember that the brain cannot cope with an unanswered question, this creates traction. Rituals like simple things as having them fill a questionnaire before talking to you not only inverts the relationship, where you are not the sales person anymore, it also shows there is structure.

4. Extract the Wow: show the possibilities. If you have ever watched a n infomercial; you know what I’m talking about. Any sales negotiation needs to have its wow moment where the prospect thinks “I need this guy” “How did I survived without this product?”

5 Tie the knot: Don’t forget to propose. close. partnership from the beginning regardless the amount. They ask you to marry: Now it is the time to ask: how do we work together?

Having a structured sales and negotiation process is part of a smart small business marketing strategies. No one wants a person that talks non stop and pushes a product or service.
It is up to you to have these steps in mind, get a pen and paper and outline in your case how you would incorporate them when you are negotiating.

Think that you are building a graph in the process where the WOW factor is on top and from there you just keep the dialogue going and conduct them to ask to buy.

Social Media Marketing: Some facts

Monday, October 17th, 2011 by shahar

Here are some facts about social media marketing and how small businesses are using social media:

The top benefit of social media marketing: The number-one advantage is
generating exposure for the business, indicated 81% of all marketers, followed
by increasing traffic and building new business partnerships.

Business owners were more likely to use
social media marketing (90+%) than
employees working for a business (81%).

About one in two
marketers found social media generated qualified leads

61.62% of marketers
who have been using social media
for years report it has helped them
close business. More than half
who spend 16 or more hours per
week find the same results.

Improved search engine rankings
were most prevalent among those
who’ve been using social media for
years, with nearly 80% reporting a
rise (and most reporting a strong
improvement).

Source: White paper source

Google Plus, Event planning, Steve Jobs

Sunday, October 16th, 2011 by shahar

Lots of good stuff for you to apply in your business in the latest episode of BuzzBooster Tv. This week we talk on how to use google plus as a small business marketing strategy, we have Linda Cain as our special guest talking about the do’s and don’ts of event planning and more social media marketing tips.
Watch BuzzBooster TV now!

How to Become an Outrageously Successful Marketing Advisor

Monday, October 10th, 2011 by shahar

This is the type of webcast you cannot miss.
You just need to register here: Marketing Advisor

In this webcast you will learn:
How to build a business with real repeatable
income and equity.
How You Can Become The One (& Only one) Independent Marketing Advisor in Your Area.
How to have a ready-to-go business with at least 11 different revenuw models in it.
How to have continuity revenue, your own coaching group, expert status, and an instant line of products and events to sell!
…and so MUCH more!

Are social media marketing agencies for small businesses?

Sunday, October 9th, 2011 by shahar

I know ours is but the other day at an event listening to speaker after speaker on how they create their strategies for their clients I did question that several times.

The speakers were all employed by different social media agencies talking on what they were doing and the audience was composed of small business owners most with less than 10 employees. By the look on their faces, it was easy to see there was some disconnection in place.

One common strategy to attract Facebook people to like a page was to give something like an Ipad a day as a giveaway. Just on this the investment on the devices alone was around $24 thousand a month. Were there anything in place to convert those Ipad winners into buyers? Not really but the number of people liking your page will be really high.

Lots of people seeking free stuff with no intention of buying now or ever, not necessarily a very targeted audience seems to be a good thing. What is the use of having thousands of people like a page if they are not potential buyers? None. Not for a business.

It seems that is not clear to marketers that every action in business needs to have a clear path to profit since that is what business is all about. Even engagement needs to lead to increased level of trust and at some point to sales.

Another popular strategy is the use of infographics. Don’t get me wrong, I think this one can be very useful, but I couldn’t help but laugh when the speaker pointed out that it does bring a lot of traffic to a site while the bounce rate (number of people that visit that page and leave without doing nothing) goes over 90% and conversion rates are below 1/2 percent.

Again, if it is not going to bring targeted prospects, I’ll not build a list, they will go away without looking at anything else and they won’t ever buy, why would this traffic matter?

For big dumb companies that can afford to spend a lot of money just to be more visible and claim they are popular this makes sense. For the small business owner where money spent needs to bring results in the form of hot prospects and profits, these strategies are a waste of time. They may be cool, but they are not money well spent.

Embrace the weird to be unique

Friday, October 7th, 2011 by shahar

I had the opportunity to visit the store of Little Miss Matched at Disney some weeks ago and decided to do a short video on this company that is very unique in their approach.

Joining our family of marketers

Thursday, October 6th, 2011 by shahar

One of our newest members, Meredith from Tame the internet monster did a video of our shock and awe package that she got in the mail.
We want to thank her for taking the time do put this video together and welcome her to the BuzzBooster family.

The death of Steve Jobs

Wednesday, October 5th, 2011 by shahar

Just heard the news about Steve Jobs death and I’m really sorry to see him go.
I’m not an Apple user (well, I have an ipod), but I greatly admire its founder as being an example of a true entrepreneur, master creator and brilliant marketer.

Few people understood consumer psychology like he did and how to incorporate mystery and create desire when promoting a product. More than most he also understood the power of a community and is an example to any one.

He was a true example of how we need to be as entrepreneurs and how crucial it is in business to innovate and be fast to put products in the market, even when they are not perfect, how important it is to create a community linked to a higher purpose around our business and have them advocate and fight for you.

We need more people like Steve Jobs and we need to pay more attention to cancer research. Make a donation today to a cancer research institution like
http://www.cancer.org/