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How to Effectively Market Your Small Business in a Downturn Economy? With a diminishing budget and increased pressure to sustain yourself in this economy, there are creative ways to effectively market your small business. Creating a website and SEO tactics are just the tip of the iceberg. Tough times demand smarter ways to market your company without hurting your cost center. The second GrowSmartBusiness Webinar hosted by Network Solutions to hear leading small business experts share their secrets to marketing success especially in an economic downturn. Our small business marketing panel Jay Ehret A street-wise marketer who cut his small business teeth while selling and creating radio advertising for 17 years. He is now Chief Steward of the company he founded in 2001: The Marketing Spot in Waco, Texas, Jay is a small business marketing consultant, coach, speaker, and blog author; he is a branding architect, a customer experience designer, a conversation starter, and an advertising strategist. Susan Gunelius Susan Gunelius is President and CEO of KeySplash Creative, Inc., a full service marketing communications provider offering copywriting, business communications, blog, book and article writing, and marketing and branding consulting services. She brings with her over 15 years of experience working in the marketing field for some of the largest corporations in the world (including divisions of AT&T, HSBC, Household International and more). Jay Berkowitz Jay is a small business internet consultant with more than 20 years of marketing experience. He has been behind the marketing for Fortune 500 brands: McDonald's and Coca-Cola, developed online and offline strategies for AT&T, Sprint, and managed the marketing department for leading health and fitness website eDiets.com. Mr. Berkowitz is the CEO of Ten Golden Rules, a B2B internet marketing agency based in Boca Raton, Florida, specializing in internet advertising and marketing consulting services. Panel Moderator: Prag Shah, VP, Web Storefront, Network Solutions.
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Confidential ©2009 Network Solutions, LLC
How to Effectively Market Your Small Biz In a Down Economy
08/26/2009
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The GrowSmartBiz Initiative An initiative to help small business owners become more successful.
Share knowledge and experience gained through the Small Business Success Index to advice small businesses on future trends.
A forum for the small business community to have a dialogue with thought leaders and experts in the field.
www.growsmartbusiness.com
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The Small Business Success Index
Source: STATE OF SMALL BUSINESS REPORTTHE SMALL BUSINESS SUCCESS INDEX
(www.growsmartbusiness.com)
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PanelistsJay Ehret: Small business marketing consultant, coach, speaker, and blog author; he is a branding architect, a customer experience designer, a conversation starter, and an advertising strategist. Chief Steward of the Marketing Spot. company he founded in 2001.
Susan GuneliusPresident and CEO of KeySplash Creative, Inc. Over 15 years of experience working in the marketing field for some of the largest corporations in the world (including divisions of AT&T, HSBC, Household International and more).
Jay BerkowitzSmall business internet consultant with more than 20 years of marketing experience. Advised Fortune 500 brands: McDonald's and Coca-Cola, AT&T, Sprint. CEO of Ten Golden Rules, specializing in internet advertising and marketing consulting services.
Prag Shah (Panel Moderator)VP of Web Storefront, Network Solutions. Leads development and execution of web channels and user experience.
Marketing in a Economic Downturn, 08/26/2009 5
Key Topics for Today’s Webinar:
Activities small business should stop doing when it comes to surviving in the current economy. Essential things that small businesses should start doing to market themselves in the current economy. Some of the best marketing investments a small business can make. Real world examples of successful small business marketing. Q&A.
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What are key things small business should stop doing when it comes to surviving in the current economy?
Marketing in a Economic Downturn, 08/26/2009 7
What are key things small business should stop doing when it comes to surviving in the current economy?
Being skeptical about investing in marketing efforts. Putting all your marketing dollars in one basket. Taking a conservative approach to marketing (it’s time to think and act creative). Think about the customer, stop thinking internally. Short term planning; start thinking long term.
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What are three essential things that small businesses should start doing to market themselves in the current economy?
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What are three essential things that small businesses should start doing to market themselves in the current economy? SEO strategies
Weekly e-newsletter. Article syndication.SEO Press Releases.
Social Media strategiesBlogging/Influencer Relations.Facebook/Twitter/YouTube.
Don’t forget traditional marketing (direct mail)Capitalize on lower rates on direct mail.
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What is the best marketing investment a small business can make?
Marketing in a Economic Downturn, 08/26/200911
What is the best marketing investment a small business can make?
Branding (knowing who you are as a business is key). Social web marketing. An integration of SEO + Social Media + Brand Management. Training employees to become
brand ambassadors.
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Real World Examples on Innovative Marketing
Marketing in a Economic Downturn, 08/26/200913
Success Story: Traditional MarketingStraddling the Fence
Marketing in a Economic Downturn, 08/26/200914
Success Story: Traditional MarketingMike Knight Motors – Waco, Texas
•Newspaper•Broadcast TV•Cable
Marketing in a Economic Downturn, 08/26/200915
Success Story: Traditional MarketingKing’s Daughters Clinic – Temple, Texas
•Direct Mail•Postcards
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Example: Traditional MarketingKing’s Daughters Clinic – Temple, Texas
•Branding•Targeted
Objective•Special Events• Increase Traffic
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Success Story: Social MediaLocal Wine Store Increases Sales with Social Web
Gary Vaynerchuk grew his father’s local wine store in Springfield, New Jersey to a $50 million per year business with HALF of those sales coming from the Web.How did he do it? Through the power of the social web. Gary’s passionate and informative video blog posts on WineLibrary.tv quickly drew audiences from around the world as word spread about his contagious content. Today, Gary is a sought after social media speaker, makes frequent appearances on television, and recently signed a multi-million dollar book deal where he will share his knowledge and experience of using social media tools to grow a small business.It all started with a blog.
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Success Story: Social MediaReaching 350 million people worldwide in 24 hours!
With a multi-million dollar budget to spend as she pleased, Cindy Gordon of Universal Orlando Resort instead told just 7 people about the Wizarding World of Harry Potter.
And within just 24 hours 350 million people around the world heard the news.
All by telling just 7 people.
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Success Story: Social Media Annie’s Costumes Retail 2003
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Marketing in a Economic Downturn, 08/26/200921
Keyword Research - Searches
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Keyword Research - Opportunity
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Target 250-1000 Words
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Links = Site “Importance”
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1,238,182 ‘Free’ Google Clicks!
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Web Optimized PR!
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Web Optimized PR - Add Copy to Site First!
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Meta data – Tag your videos, use all the title and description and include long target phrases.
Tag Videos for Blended Search
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Annie’s Costumes Retail
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1. Free SEO = 250 -1000 words, target 2-3 phrases
2. Free SEO Links = Importance3. Advanced SEO = Web Optimized PR4. Advanced SEO = Blended Search
Annie’s Costumes Success Story
Q&A
A Premier Networking Event for Entrepreneurs -
The first-ever GrowSmartBiz Conference!
Register with the code WEBINAR for a $99 ticket!
SEPT 29, 2009 | Washington, D.C.
Keynote by Chris Anderson, editor-in-chief of Wired Magazine and author of The Long Tail and Free
Register Today: www.tinyurl.com/gsbiz
Proven strategies for growth despite the current economy
Executable, cost-effective ways to market your businesses
Advice for securing small business financing Free domain, free business plan software, and more!
Conference Highlights:
Follow us on Twitter: @Growsmartbiz
Diamond Level Sponsors:
Marketing in a Economic Downturn, 08/26/200933
Jay EhretThe Marketing SpotEmail: [email protected]: www.themarketingspot.com
Susan GuneliusKeySplash Creative, Inc.Email: [email protected]: www.KeySplashCreative.com
Panelists ContactsJay BerkowitzTen Golden RulesEmail: [email protected]: http://www.TenGoldenRules.com
Prag ShahNetwork SolutionsEmail: [email protected]: www.networksolutions.com
www.growsmartbusiness.com