Posts Tagged ‘marketing’

“Do you want to fast track your…” what?

October 27th, 2009

I received an email today that began with a question:

Are you looking to fast track your degree?

What does that mean? I had to look it up

“fast track”

a rapid means of achieving a goal; “they saw independence as the fast track to democracy”; “he took a fast track to the top of the corporate …

Ah no thanks, I’m quite happy with the pace that my degree is going.

“Fast track” isn’t a colloquially used term. You’ll never find two friends talking to each other asking, “hey you wanna fast track…”, or “dude, are you going to fast track that or what?” It probably came straight out of a corporate ‘vision statement’ brainstorming session, so it sounds foreign to us.

Emails that open with a question are intended to provoke a “yes” answer, but in most cases, it sounds more like annoying marketing speak. Not the good kind of marketing speak. The good kind of marketing speak sounds authentic, like a recommendation from a friend–someone you can trust. No, this is a failed attempt at marketing because it emulates the bad kind of marketing. The bad kind of marketing is the stereotype we have of marketing and sales people. The scheming, lying, dishonest, blood sucking, scum filled rodents in this service oriented economy. They’re the people who send you spam, the people who are trying to sell you drugs that you don’t want, the people who pretend to be your friend at school and abandon you when you needed them, the people who made your baby cry.

Why do emails that start with questions like this trigger such strong emotions of distrust? Maybe it’s because we’re exposed to far too much of this from spam and advertising. “Are you looking for the perfect vacation”, “what are you waiting for?”, “feeling depressed?”, “are you ready to get back to school?”. As a result, we’ve instinctively learned to respond with “No, and go away!”

Another reason that emails like this provoke these feelings might be that the sender didn’t have permission to ask. They’re questions that require you to think and make a decision. Some of them are personal, and they’re not the kind of questions that you would ask someone during the first meeting. Subconsciously your mind is saying “how dare you ask me that, I barely know you!”. Asking a personal question first without an introduction is a bad way to greet someone. Asking, “what time is it?” to a stranger is ok because it has a factual answer, and the person asking really wants to know. Your answering it is helping some else. Helping others is a good feeling. Even then, that question is usually proceeded by a request for permission ”excuse me, what time is it?”. On the other hand, a personal question, even one like “How are  you?”, feels intrusive when it’s asked by a stranger. It provokes the response, “who are you to care?”, and in the context of a spam message, a positive response to it is like an invitation for more spam. Most people don’t like that.

A much better way to send that email would have been to use a more human greeting.

Hi Charles,

I’m from [blah] and we’re doing [this]. It might be interesting to you because you’re a computing student. etc etc..

There. That wasn’t so hard was it? It’s much more authentic, like a greeting from a real human, not a marketing drone.

The problems with work at home internet marketers

October 18th, 2009

The idea of working at home, making money online, making a passive income has crossed my mind a few times. The people giving advice on how to do it call themselves internet marketers[1]. The problem with internet marketers is that most of what they’re selling seems to be how to become an internet marketer. Some of the suspicious ones will ask you to join their ‘affiliate’ network, presumably that’s how they’re making most of their income.

It all seems like a thinly disguised pyramid scheme where the people at the bottom make next to nothing. Do they actually create anything useful for others? My instinct tells me that at best, they’re creating false hope. Much like the lottery. At least with a lottery, you play once, you don’t win, that’s that. With internet marketing, you could waste a few months throwing your free time away at something that you won’t be proud enough to admit you tried. What I gather from some of these work at home programs is that it requires a significant amount of discipline and persistence to work. It almost replaces a full time job in some cases, with no guarantee that any success will come of it. If you succeed, you’re one of the lucky ones, if you fail, “you weren’t dedicated enough”.

A wise teacher once said to me,

“if someone really did have a system that could predict stock prices to consistently make a profit, then they would keep that technology a secret. Any body trying to sell you such a technology is scamming you because they’re obviously not making enough money from their own system.”

He was referring to the suggestion that [insert some high tech day trading company] is selling a neural network driven AI to predict stock prices claiming [insert outrageous returns]. I think it applies to many of these ‘work at home’ schemes out there.

Many people will have made this conclusion as soon as the idea crossed their mind, but I’m curious and maybe a bit stubborn, so I had to spend a some time researching it before ruling them out as something I could do. Admittedly, I haven’t tried any of these schemes, and would rather not post the ones I’ve read about here because that would be unintended promotions. There is just too much junk out there for me to continue researching. I’m sure there are people who are bitter about wasting their time trying a ‘work at home’ system, they’re just too embarrassed to share their story. Either that or no body is searching for them, search engine algorithms make things impossible to find if your search is unpopular. Nobody searches for the losers, just for the winners and the marketers selling the stories of winners.

I feel pretty stupid for even spending time researching this topic, but I’m not ashamed to share the fact that I did. At least it gave me a new blog post for the week. :)

[foot notes]

[1] I may be mislabeling a group of people here, ‘internet marketer’ is just a convenient term to call them because I’m not creative enough to think of another name.

[video] Seth Godin: How Not To Be Mediocre

August 2nd, 2009

Video of guru marketer Seth Godin talking about why you should market to and build things for niches rather than a mass audience.

To summarize,

There is too much advertising clutter in the world now, and to get through this clutter, you have to build something different for a smaller more specialized audience. Building things for the masses leads to creating mediocre products that the average person would want. This just adds to the clutter, instead you should build products for niches and get noticed. That way people who notice you tell others and do the marketing for you. Ideas that spread win. Good ideas that connect people spreads.

The summary just doesn’t do it justice. Here is the video. Anyone who is interested in entrepreneurism or will be involved in the building or marketing of a product needs to watch this.

Why Your Business Name is Important for Google

July 24th, 2009

Google has trillions of web pages in it’s indices, how are your customers going to find your website out of the hundreds of competitors out there?

When you’re picking a name, run it past Google. If you see a website url or website title that matches that name, then you already have stiff competition because someone else has already established a top position for that key word. Even if the top websites that come up aren’t competing businesses, the fact that they come up first when you search for them means that you’ll have to compete with them for that key word.

Here are some tips for picking Google friendly business names:

  1. Don’t pick names or phrases with ambiguous meanings or results. “Candy Shop” is a horrible name for a business even if you’re in the confectionery industry because it’s a song by 50cents. Not only will you be competing against other confectionery companies, but you’ll be competing against 50cents and you’re almost guaranteed to loose.
  2. Pick a name that currently has no Google ads appearing in search results. Google Adwords operate on a keyword based auction system, so if you want to advertise your business with Google ads, it’s much cheaper for you to be the first ad that comes up. If there is no competition, then you’ve already won the advertising war. Furthermore, having high ranking ads is a quick way to gain page rank if people find you to be more relevant.
  3. Don’t pick names where someone else has already established a dominant search position. ‘watch it’ is a bad name because a Canadian watch company is the obvious first result that comes up.
  4. The easiest way to win is to be the only one competing. This tip speaks for itself and generalizes the three points above.

All these tips tell you to avoid competition if you can, which is especially relevant if you’re a niche business. They’re not as relevant if you’re trying to take over the top position for a key word. That’s much harder to do and much more expensive. If you’re just starting out (the picking a name stage generally counts as “starting out”), then you want to avoid that until you have the resources to do so.

You don’t need the most relevant key word to your business, because the most relevant keyword for you maybe the most relevant keyword for a lot of other people and you’ll end up sharing that “relevance” if you’re competing against them. Think of a niche name for your business, so when people search for you, that’s the first thing that comes up because no one else has tried to use that name before.

I don’t mean to pick names that are completely meaningless one word utterances like a lot of “web2.0″ companies are doing because they’re hard to remember and it’s easy for a customer to forget what services you actually provide. For that to work, you have to wow your customers to make sure the remember you and make them keep coming back. That in itself is hard enough. Instead pick a name that’s relevant to your business, so you’ll be remembered. If they can remember your name, then they will be able to search for you. The most searched term on Google in the last few month has been “facebook”. People will search your name on Google even if the URL is obvious!

To recap. Pick a business name that
1) is relevant to what you do – because you want to be remembered
2) avoids search keyword competition – why make it harder on yourself when you don’t have to?

Being the Best

February 8th, 2009

Seth Godin recently released a new book “Tribes” which encourages anyone with a strong belief in something to find to like minded people become a leader, to do something about it. “You don’t have to try to be the best and most relevant for everyone. If you can get 1000 dedicated people following you, and they each bring 1000 more, then you have won”. Trying to appease the masses at once is futile. He attributes this tribe forming strategy to the the success of the iphone, gmail, and facebook, each of which started as a closed ‘tribe’ of insiders who really loved using each product.

Towards the end of this interview Seth said something remarkable. You see, he doesn’t use the popular social networking tool “Twitter” or “facebook“.

They’re not for me…being the best in the world is extremely valuable, being the fifth best is not very valuable….I am the best in the world at having a marketing blog…[but] if I started using Twitter, I would have to stop being the best in the world at [blogging and writing marketing books] because I would have no time, and I wouldn’t be the best in the world at using twitter either because there are people who are way better at it.

Three things I’m going to take away from hearing this.

1. To make change, you have to find what you’re good at and what you’re passionate about (find your tribe).

2. Focus on that.

3. Don’t let other things distract you.

In other words, don’t be a jack of all trades.

It’s easier said than done. I haven’t found one thing that I’m good at or is passionate about, in fact, I have found a couple many, and need to focus on one. I have over commited myself to too doing to many things at once, hence can’t focus on being the best at one thing.

When my current commitments are over, I hope I look back to this post to reflect. Only then can I start fresh to discover what I’m best at at focus on it.

Any publicity is good publicity?

February 5th, 2009

Bill Gates seems to think so. Source

Microsoft founder turned philanthropist Bill Gates released a glass full of mosquitoes at an elite technology conference to make a point about the deadly disease malaria.

With over 500 diggs (just a day after the incident), the article currently resides as #15 on the home page of reddit. This bizarre act (also know as a “wtf”) could prove to be one of the best marketing moves in non-profit history. I wonder what Seth Godin would think of this as a marketing move.

Edit: The entire talk here titled, “Bill Gates unplugged: How I am trying to change the world now”