Showing posts with label networking sites. Show all posts
Showing posts with label networking sites. Show all posts

Monday, November 17, 2008

Affordable Marketing for Your Small Business

When I started my business five years ago, I had enthusiasm and passion for my work, but a very small marketing budget. I also lacked a marketing plan for getting my message out to my target customer. I have learned a lot along the way and hope to impart what I’ve learned to you. Whether you just started your small business or are in your tenth year, there are some simple, affordable ways to keep your name in front of prospective clients and customers.

News releases. I recommend to clients that they distribute three to four news releases (better known as press releases) each year. This gives clients an opportunity to shout news out to the world about new products, services or partnerships; key hires; industry awards and certifications; new locations; events and more. News releases should be distributed on a timely basis to local media, trade publications and online. In addition, a well-crafted news release makes a great direct mail piece or a nice addition to your sales or media kit. Depending on whether you do the writing and distribution yourself, costs are variable. Distribution costs will also vary. Distribution via e-mail or fax is virtually nothing. Online distribution varies. Many news distribution sites are free, but I like to include a contribution to PRWeb.com to guarantee inclusion in popular search engines.

Online forums and networking sites. As social media continues to grow, relevant online forums and networking groups (e.g., Linked In, Biznik, Facebook, Twitter, Connexions, Konnects) are a great way to interact with professionals and prospective clients. By actively participating in Q&A forums, you expand your reach. To take full advantage of these free opportunities, make sure you complete your online bio; include your contact information and web address; and participate regularly. Such participation can also help to position you as an industry expert.

Referral program. About half of my business comes from client referrals. To let clients know I appreciate their referrals and to encourage them to keep sending them to me, I include my referral program in my business agreement. In exchange for a prospect who does business with me, I offer the referring client two complimentary hours of writing, editing or marketing services. Aside from my time, this costs me nothing and benefits both my clients and my business.

Newsletter. There are so many affordable e-mail services these days that sending an e-newsletter to prospective clients is a no brainer. The service I use costs about $5 per month, and it not only maintains my e-mail lists for me, but it provides templates and tracks reader stats. Clients can opt-in, unsubscribe or change their e-mail address at any time. This is an inexpensive way to stay in touch with clients and prospects.

The next question, of course, is how and when to implement the above. I recommend pulling out your calendar and scheduling time for marketing and business development. Schedule a news release for each quarter, or at least three times a year. For online forums and networking sites, set aside a certain amount of time each week to participate. A referral program requires a little bit of set-up time and a notification to clients of the new program, but aside from that, it doesn’t require much time. For your newsletter, I recommend sending them to clients at regular intervals. If you can’t manage biweekly or monthly, at least put together a newsletter on a quarterly basis. Save ideas in a folder so they are all in one spot when you’re ready to get started.

Try these ideas for at least six months and watch your business grow and, if you find that one method works better than the others, focus your efforts in that category. Enjoy your new affordable marketing solutions!

Copyright © Dana E. Blozis 2007-2008.

Sunday, October 26, 2008

Facebook vs. MySpace

On Wednesday, I attended a class on Facebook and MySpace. It was geared toward parents, but I also wanted to explore the sites for business reasons. I have heard that Facebook is the #1 networking site for professionals, and MySpace is the favorite among teens and those in their 20s. Here is my personal analysis of these sites:

Facebook:
I had several friends invite me to join Facebook, but I assumed it was like MySpace and never took the time to investigate it. However, after viewing their pages, I created my own Facebook profile. From viewing the profiles of people I know, the site seems fairly tame. The layout, as far as I can tell, is pretty much the same though you can tailor some features to meet your needs. Like other networking sites, you can add your photo, list your profile, show your friends, join groups and talk about what you are currently working on. While most of my connections are work-related, I don't see a lot of business use for this site other than to stay more casually connected with my far-flung business contacts.

I would caution Facebook users to remember that prospective employers and others interested in you (e.g., ex-husbands, etc.) have been known to use Facebook to learn more about your personal life, so don't write anything in your profile or on your Facebook wall that you don't want the rest of the world to know.

On the flip side, people who aren't members can't view profiles, but once you're in, you can see just about everything unless you have blocked specific users or have opted for a private profile. From a parenting perspective, I'd be much more likely to let my technologically-curious teen daughter create a Facebook page than one on MySpace.

MySpace:

I'll be honest about this site. I hate it. I absolutely hate it. It is loud, trashy and, in many instances, inappropriate for teen use or for business. I know people who have business profiles on MySpace but I can tell you that I, for one, will never view them. I have always had a hang up about MySpace because of all of the Dateline stories about sexual predators on the site, but after giving it a chance, I still don't like it. The site has a whole section on privacy, keeping your kids safe, etc., but it doesn't prevent anyone from surfing the site and seeing what's out there.

I'm a big proponent of freedom of speech, so I respect the right of users to express themselves freely and to design their pages to suit their own tastes, but I don't see how it would benefit businesses unless they cater to younger audiences. My advice: proceed at your own risk.

I'd love to hear what other businesses think about the two sites. Please send me your comments.

Virtually Yourz,
Dana Blozis