social media ROI Archives by Mark Murnahan

Social Media Popularity Addiction and Why I Quit

Illicit Drugs Are Popular, But Still Illicit

I believe the popularity addiction that many people suffer from in social media is downright pathetic. I’m going to tell you, in plain business terms, why I quit putting that drug in my bloodstream and stopped caring about appearances of popularity, having a squillion followers, or stressing about having the highest Klout score. In short, it is because those things aren’t what pays the bills, and they can even be quite destructive pursuits.

If you will look at it rationally, for just a moment, I’ll show you why the fashionable illusion of popularity fails the test of real business value. If you are ready to breathe a sigh of relief, you may want to pay attention and join me on the road to recovery.

For the most part, you probably don’t follow people on Twitter or “Like” them on Facebook because you’re planning to do business with them. Sometimes, perhaps, but how often? Really, how often do you use that long list of people you are connected to as a reminder for your shopping list?

When you need to pick up something on your next shopping venture, you don’t go and see who you’re following to decide what to buy or who to buy from. No you don’t! OK, maybe you do … but if that’s the case, you are in a very small minority. If you buy from them, it is likely because they built a positive brand image, and became more memorable.

Then why is it that so many people out to sell something have it in their head that other people are using social media for formulating their shopping list? They aren’t thinking in rational human terms … that’s why! They are thinking in terms of appearances and what may make them look more important or popular, rather than building a sustainable brand recognition. I guess that must make sense to some people, but not the successful ones … not for the ones with two brain cells to rub together.

Let me explain it like this: If you saw only 426 people following Subway Restaurants on Twitter, it probably wouldn’t alter your thoughts about buying a Subway sandwich. You buy from them because they make an awesome sandwich, and you’ve heard of them because they built their brand based on those awesome sandwiches. That is also why they don’t have 426 Twitter followers … they have 184,847. They produced something people want, and they made it memorable.

Conversely, if you see that a small real estate firm has 184,847 Facebook fans, it doesn’t mean they’ve got a house you want … or that they will be any better at selling your house. In fact, it may mean they are playing the popularity game, and prioritizing poorly.

People often get this all mixed up and think the popularity is what creates success, while the opposite is true. It works the other way around … successful branding creates the popularity. If you try to fake it or shortcut it, you will only deceive yourself … and I can back it up with facts, figures, and common sense.

You can lie to me, but don’t lie to yourself. If you try lying to me, I’ll break out the real numbers. Try this on for size: Here is a recent snapshot of a random hundred people who followed me on Twitter, along with the results I put together from over 1,000 tweets of my previous ten blog articles. See “Twitter in Numbers: Marginal, Not Magical“. Click it and read up if you really want the truth.

Perhaps too many people latched onto the fallacy of “more is better”, or the crazy idea that social media marketing is just about the networking … but it’s not!

The Psychology of Social Media Popularity

Nobody is fully immune to the notion that a perception of popularity will somehow serve them. I’ve even heard it from people who have absolutely no business case to have a big audience. When I have asked people about it, they are often confused by why I think it is unimportant. A small number of them are honest enough to admit that they want the popularity because it makes them feel good … and it makes them feel more productive, or more important.

In itself, a Twitter follower or a Facebook fan or friend is a terribly weak way to measure your brand’s love, but I see it all the time. I have heard many instances of companies wanting to know how much it will cost to acquire “X” number of friends, fans, followers, and other useless measures. A much smaller number is asking how to breathe awesomeness into their brand and earn faithful brand advocates and customers.

Something those who participate in the popularity contest are reluctant to admit is that more social media connections alone does not actually equal true popularity, or value. What it can do, however, is make them feel like they are making progress, even when there is no true progress at all. It often just means those connections had the same psychological need for validation, and they are participating in the absurdity of implied reciprocity. These people are completely confusing cause and affect, and they are wasting precious resources, like time and money.

The hope is often to have hundreds of people tweeting and facebooking something about them. That is a different kind of popularity, and it means your message is spreading. I don’t begrudge anybody for that, and I won’t call them a fool. In fact, it is just great! That may actually have value, and it may land the right person to become a customer. It is a sign of doing something well. That kind of popularity is often due to legitimate reasons.

Many people think the perception of popularity is really important, but try for a moment to believe me that it is wildly overrated. Maybe you think a large faux-following will help your business, but what will really matter is who they are and how they feel about your brand.

Look at how you use social media, and then consider why you think everybody else is so different. Unless you are doing something totally different, and awesome, it really seems arrogant to believe that they are paying more attention to you than you are them.

What's your social media addiction, and is it time for an intervention?

You may find a number of people or companies that you find interesting, but don’t tell me for a second that you found thousands of people you really intend to keep up with and give attention to what they have to say. It simply doesn’t work that way. Have you ever heard of Dunbar’s Number? It works both ways, and unless those people are really interested in you, it is worthless. For the truth, just picture yourself as one of those random names or faces you see as you look at who you are “following” or “liking”. Do you really pay attention to them? Do you really think they are paying attention to you?

The Little Company That Couldn’t

I want you to imagine the little company who couldn’t. They set out to find popularity, and they paid a “social media expert” to help them amass an audience, but they wanted it done quickly and at a low cost. The social media expert could be blamed (and should rightfully be hung by the short hairs) for delivering them a group of totally disinterested people to follow them on Twitter and “Like” their Facebook page. The thing is, it is exactly what the company asked for, and they refused to see it any other way. It was what they were sure would work, and it was all they were striving for. They dictated exactly what they wanted, and now they’ve got an untargeted audience.

Months later, they wonder why they are still not seeing a return on their social media investment. They have a huge audience, but those people just aren’t rushing the gates to buy their stuff. It is often because they were too concerned by the cost of time, money, and hard work that they never questioned the return. As the company resentfully struggles with “What in the heck is wrong with those people?!”, the competition is doing great.

The competition saw the value of a strategy, and they stopped trying to be like everybody else. The competition realized that having a disinterested group of people to follow them, “Like” them, and pad their egotistical desires for appearance without substance will not be worth a box of frog toenails if they are the wrong audience.

Here’s My Theory on The Value of Popularity

I guess should know a little about this … I have a metric squillion readers of my blog, and a reasonably sizable following across my social networks. I don’t need, nor want everybody to like me, love me, or follow me. I don’t concern myself with a bigger audience, because I would rather focus on the right people, and give them something they want … something useful. That’s why the audience is there in the first place!

Without a focus on people’s interests, and doing something worthwhile, it has very little business value. I guess you could say that I am reasonably popular, but I am still working on the awesome factor, every day. That matters a whole lot more to my business and personal pursuits than just looking popular.

Even with a great audience, it still requires a lot of effort. The most valuable audience is often the smallest target of all.

Since I know you’re curious, I’ll share what my intended audience looks like. Maybe this will work for you, too. In my case, I seek people who understand the value difference between doing something, and doing something well. I like to help them visualize the difference. When it comes to the way it all helps my business, it is because I seek people with enough faith in their company to become my next marketing client. It is a small target, indeed, but a falsely inflated audience is not how I intend to reach them.

No, not at all. I reach my best audience by creating something valuable enough to you that you feel confident to pick up the phone and call me, recommend me to your CEO as a consultant on your next marketing campaign, share my knowledge with somebody else who will find it useful, or otherwise appreciate my work enough that you help the right clients find me. That is real social media business (as opposed to monkey business), and it is far more important to me than a popularity contest.

That’s my take on the subject. What do you have to say about it?

Photo Credits:
Heroin and Syringe by Michael Velardo via Flickr
“Red Face” sells? by Daniel Axelson via Flickr
Héroïne by Alexandre Duret-Lutz via Flickr

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Is Today’s Marketing Mostly Just Lies?

Have you ever felt so sick of people feeding you lies about marketing that you can still taste it the next morning? Those lies often leave us, as a society, with a bad taste in our mouth for the whole concept of marketing. It creates a heightened level of cynicism that was not there before, and it spreads like a bad rash.

Isn’t it time to take inventory of what you’ve been accepting on faith, and start to question it? I think so, and I think it should apply to marketers and their clients alike. Of course, that will require a shift toward using due diligence and common sense. When you wonder if what you’ve been told is a lie, do you accept the responsibility to find the truth, or do you just give in and believe it because it is what you want to believe?

It is not my full-time job to be a whistle-blower about the abundance of bad marketing, but I’d say I definitely have a knack for it. I also have a sense of industry responsibility to balance out all the worthless junk and cons with some common sense and honesty … brutal honesty. Maybe I shouldn’t harp on it so much, but there are many instances when I see just how badly lies about online marketing can hurt a company. It is true that many marketing efforts can cause a net loss even greater than the upfront price paid.

I’ll wrap this up with a real life example of a company that was scammed for many thousands of dollars, but this is also about the course that brings them to accept their defeat rather than fight back. I’ll begin with some observations, and I’ll include some links throughout this article to extended resources on related topics. You may like to give attention to those.

Convincing Evidence of a Marketing Decline

I am fully convinced that the majority of things people are promoting to fix your online marketing is a string of lies. I see it all the time that somebody lied to somebody else, and now they are out to sell it to you. I suspect that many of the people lying don’t even know they are lying … they believe what they have been told so completely that they actually see it as the truth. There is a huge component of the blind leading the blind, and taking inspiration from even the slightest of success stories they read about on the next amateur marketing blog. I can prove the concept, too … just have a good hard look at this piece about the sad state of SEO and social media marketing experts.

Consider this: How many times have you heard how important it is to use Facebook? I like Facebook just fine, and it can be very useful for marketing, but how much of what you hear is hyperbole and lies? After all, how much do you actually expect to buy from that guy on Facebook trying so hard to sell you his stuff? Do you think the answer is completely different if you asked him the same question about you?

This is not about Facebook, and I actually know for a fact that Facebook can play an amazing role in a marketing strategy. Facebook has performed wonderfully for my wife’s cakes and confections company (of course, she is far sweeter than I am), and it has become invaluable to many of my clients. What I am very unsettled about is the utter loss of common sense I see surrounding “miracle cures” like Facebook, Twitter, blogs, and the rest of the wagon full of assorted snake oils.

Sure, maybe snakes have great oil, but do you rub it on your feet, fry with it, put it in your bath, or what? There is no perfect single-source cure for your every marketing objective, and it takes much more than just showing up! It is important to note that “everybody” is not your target market, but that’s how I see a majority of marketers promoting marketing these days. If you are hoping to earn squillions of dollars, or even a few dollars, just by being on Facebook without a strategy, you will be disappointed. Let’s try to be more realistic … please!

The Internet has largely become a society of marketing. Whether it is marketing to have more friends, more business, or just to feel more connected with society, it becomes a reflection of how we each market ourselves, our ideas, our thoughts, and our beliefs. We must question “how much of this is real versus imagined, and accurate versus lies?” Otherwise, don’t we all suffer?

For your enjoyment, I have included a video about lying.

It is easy to see how the industries related to marketing a business online became so hard to trust. After all, who doesn’t want a commission … a job … a paycheck? Many people will lie to get those things. You will find a massive abundance of them in marketing … especially online marketing. The end result is that it does not matter if the lies are due to ignorance or greed. Lies are lies, and there are no innocent lies, nor innocent victims, as long as the truth is available. There are just the willingly confused.

Great Marketing Professionals Are Not Just Mythical

I’ve got to say that there are some amazing marketing people out there. There are also many of them with a lot of integrity. I know they exist, because I’ve met many of them. I’ve also trained many of them. The trouble is that the field of marketing was flooded with newcomers like a tsunami. Now that it all looks so “easy” to reach a huge audience online, there is little wonder why everybody wants to be an expert. It is a mathematical truth that most of them are not, and will never be very good at marketing. Marketing takes training, it takes experience, and it takes aptitude, but since the majority of today’s online marketing newcomers have very little of these things, they lie … even to themselves. I suppose it must seem easier to lie than to go through the hard process of working and learning their way to the top. Only the few with high integrity and strong work ethic will survive in the long run, but there is a constant flow of new liars … so look out!

There is also a huge audience who are swallowing those lies like a free bacon sandwich and washing them down like sucking free grape soda through a garden hose. It is maddening that they are in even greater abundance than the lying newcomers shamelessly taking their money. They are getting more gun-shy with each leap of faith, so it makes me wonder what it will look like when the whole thing collapses like a house of cards, and there is nobody left to believe it when they actually do encounter the truth. Have you seen the housing market? Most people thought that would never collapse, but it did!

The Marketing Con Job I Promised

I told you I’d wrap this up with an example of a company that was scammed. In this case, it is a friend of my friend and colleague. It is driving him nuts to see his friends get ripped off, so he asked me to help.

The company is paying thousands of dollars per month for search engine optimization services. They have previously paid multiple SEO companies to optimize their law firm websites to reach their target market, but each time, the results were just as bad. They have largely lost faith that online marketing can help them at all, but at the same time, they are strangely afraid to stop sending the checks … just in case.

The latest rip-off has performed so horribly that more than five months into their $36,000 contract, they are receiving under 30 monthly website visits that are even from the same country as where they provide their legal services. The last report I saw showed just over 600 monthly website visits from Southeast Asia, while only 28 were from within the United States. When the law firm asked for a list of the work performed, the marketing company replied with what one could logically estimate at under an hour of work … total … after months of being paid thousands of dollars per month.

The law firm has said they want my help, but they are “waiting it out” to see if the crooked SEO provider will do right by them. It becomes really upsetting as I consider how frequently I hear stories just like this. They keep hoping the lies will somehow miraculously become the truth, even when they have been presented with concrete proof that the SEO company is actually hurting their efforts … quite likely well into the future.

What do you think? Why do people allow themselves to be ripped off? Should marketing companies be willing to lie, just because it is how others do it? Shouldn’t we all use more due diligence and common sense? Am I doing this all wrong by trying to be honest in a dishonest world?

Please answer me!

P.S.

If you question how it can possibly be the majority of marketing that is plagued with lies, be sure to notice that there is a lot more marketing that you never see than what you do see … but yet, somebody is paying for it.

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Is Social Media Like Space Exploration?

Social Media and Space Exploration are Both Fascinating

Space has captivated mankind since our earliest days. We wonder what is up there beyond our reach, and it fascinates us. I have recently been thinking about how social media is a lot like space exploration. It holds a lot of mystery, and it inspires us to learn what is out there beyond our geographical confines.

Why do we constantly strive to understand the things we do not know? Can any of us adequately answer that question? I sincerely ask for your ideas and opinions on this. I think the simple answers are at our fingertips. It excites us to get our brain cells working, and to make something new and useful happen, but it goes much deeper than this.

Just think of all the great possibilities for us as we discover new things. When we stretch our imagination, we reach beyond our own current capabilities and it keeps us moving forward. The desire to learn about the things which are just beyond our grasp has inspired countless innovations to bring us closer. Those innovations include boats, trains, airplanes, cars, telephones, the Internet, and many more … even space ships.

Knowledge is Keeping Us Alive

It is easy to argue that striving to know more is what keeps us alive. As our planet’s population doubled from three billion in 1960 to over six billion just forty years later, our knowledge has grown with it. The knowledge did not just grow because we had more people, but because the ability to communicate and build upon their ideas grew.

With mankind’s growing knowledge came innovation, and it was based on necessity. Just between 1987 when the five billionth baby was born and their 12th birthday in 1999 when the six billionth was born, the need to keep up with growing demand for food, water, shelter, and distribution of goods created a huge burden.

It would be easy to look at a simpler time and say that we didn’t need all of this technology. Things used to look easier in some ways, and time seemed to move slower. Some will imagine it as an “easier” time, before modern technology, but when we look out across a crowd of over six billion people breeding faster and dying slower than ever before, we realize that it is too late to turn back now.

We may not all see it the same way, but one thing is clear … if we are to maintain what we have today, we must keep learning and progressing … we must innovate.

Learning, creating, and imagining new things has made it possible for us to sustain our planet at its current highest population ever. In another forty years, our population is expected to reach nine billion people … a full nine times Earth’s population 200 years ago.

Commitment to innovation is how we discovered even the most basic things which serve us every day, like fire, hammers, scissors, and that little clip on a bread bag that keeps the bread fresh. The human imagination and potential for innovation is amazing, but it holds little value if we don’t use it, and if we don’t maintain its momentum. Innovation is greatly improved when we involve others, and that is why we have “think tanks” and “incubators” for our best ideas, and our best thinkers.

I believe that the greatest think tank of all is social media. With social media, we can share our ideas with others, and allow them to help us mold them into something better.

Space Shuttle Atlantis at NASA Kennedy Space Center Launch Pad 39A

How is Social Media Like Space Exploration?

The reason I’m thinking of space exploration today is because I was recently approached to define a social media strategy to help people understand the need for space exploration, and its benefits to innovation.

A remarkable parallel between social media and space exploration is that most people will agree that they both hold great value, but yet, lack the confidence to invest properly, and patience to maximize their respective benefits.

Creating confidence to invest is a big challenge. Times are tough, and people are afraid of their government defaulting, their money losing value, and their jobs dissolving into thin air. Why would taxpayers and business leaders spend money on such progressive research?

A similar argument came along with “The Human Genome Project“. That $800 billion project came with an answer for the people when studies showed a 141:1 ratio return on investment. That’s $141 dollars in additional economic activity for every government dollar invested. Try that with your mutual fund.

Many governments spend horribly. In fact, I think my own is among the very worst, in USA. I am not for big government in the least little way. Our government’s job is not to do our thinking and our bidding for us. It is our government’s job to foster a safe and organized society and get out of our way. At the same time, the decisions which affect our continued scientific exploration are often relegated to our governments. That is because it is often a part of providing that safety and organization which is their duty.

Knowledge Creates Economic Stability … Yes, Jobs!

Science serves to remind us that we don’t know how much we don’t know. Social media does the same.

Scientific study such as genomes and space exploration produce the information and engineering we need to maintain and improve our lives, and they also create huge numbers of jobs. Those jobs include engineers, laborers, office workers, teachers, builders, and so many others. Think of “The Butterfly Effect” to imagine the diversity of jobs and other related benefits to the scientific study of space.

I have asked a few friends how they believe the aerospace industry has changed their lives and careers. Each of them could name at least a few ways it has made their lives better. It affects medicine, farming, fishing, alternative energy production, navigation, weather forecasting, and so much more … not the least of which is the transfer of information from one side of the world to the other, via satellite. Cardiac pacemakers, breast cancer screening, smoke detectors, cordless drills, and many other great things came from space exploration and related research. It reminds me that we are good at seeing the dots, but until we use systemic thinking we often cannot connect the dots between space and our daily lives.

Of the friends I have asked so far, not a single one was opposed to learning more about the real-world ways that the aerospace industry is helping to keep us safer, happier, and more economically stable. Fortunately, each of them also recognized that the matter of funding space programs is not a partisan effort with democrats against republicans. Both major political parties in America are largely in favor of continuing space exploration, but the people making policies and determining funding want to hear it from the people.

The space program in the United States used to be a matter of national pride, and as we sent men to the moon, the world cheered. Many people never realized the scientific and engineering leaps forward we made in the process. As the novelty of a moon landing wore off, a lot of people stopped following the progress of space exploration.

As I have asked around, I found that many people do not realize we have had successful landings on Mars since 1976 (Viking 1 and Viking 2) or that we have had humans manning a space station every night and day for over a decade, and why. Even fewer will realize the benefits of the 2012 launch of the most sophisticated Mars rover ever, or how close we are to sending a manned mission to Mars. Due to such a public loss of interest, only a very small group recognize the enormous technology, engineering, and economic impacts this science has right here on the ground.

The challenge I find most profound, as I consider how to present the benefits of social media to this organization, is to help them understand that like their own world of space exploration, without a commitment to research and testing, they will not know the answers. Until they know how to effectively define and present the benefits, those benefits do not exist in the minds of the people.

I feel like my job of explaining the benefits and complexities of social media are much like their challenges to explain space exploration. Many people are afraid of making an investment in what they do not understand. Tragically, they have a much easier time embracing that fear than recognizing the more logical concern of what happens if they do not.

In this particular case, thousands of jobs may be affected. NASA’s failure to abide by federal mandates to define and announce plans for future projects threatens to put thousands of people working for private industry out of work. If that happens and we scatter the most talented industry leaders to the wind, the loss of progress will be tragic. The social media effort to help people understand the risks at hand and force NASA to comply will not be easy. Inspiring 50,000 of them to write a letter to their representative in U.S. Congress within the next six months will be even harder.

I guess an old cliche that comes to mind with such a challenge can apply here. If we can put a man on the moon, we can do almost anything. Yes, we can put a man on the moon, but can we save the U.S. space program from continued downsizing? My challenge will be to explain the unknown benefits of social media to my prospective client, and then to help explain the unseen benefits of space exploration to the public.

Until recently, I never realized how similar the challenge would really be, or how similar social media is to space exploration. I look forward to that challenge.

My overriding concern is that if we fail to think big and act accordingly, we lose all hope of being excellent, and risk being mediocre. Once we become mediocre, the cost to regain our lost excellence is far greater than the foresight to become excellent in the first place.

What Do You Think?

I want to know what you think. Is space exploration and its related technology advancement still important? Can you see how it is kind of like social media in the sense of both being very useful if you can uncover their mysteries? Please share your thoughts with me. If you have any ideas on how I can better present the benefits of my role to educating more people on behalf of my prospective client, please share that, too.

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Do You Accept SEO or Social Media Marketing Contracts Under $10,000?

I could sit here at my computer all day and tease people who are willing to take on small contracts in the field of SEO and social media marketing, or the clients willing to pay them. Many of those clients are broke, and there are a lot of bad people with an SEO and social media flag waving to attract the last of their money.

Giving them a hard time can be very fun, but it is not really all that productive. After all, there is a huge majority of small businesses who seek somebody to help them, but do not have the needed resources for a grand entrance to the online market. There are also some talented marketing minds who like working with small or short-term contracts. I prefer to help bring them together.

I don’t accept those contracts, but not because I am an arrogant jerk who thinks he knows it all. I don’t arbitrarily look down upon those companies, and I don’t automatically look down upon the people serving them. It is just not my market, and I turn away business every day because of this.

If you accept small projects in SEO and social media marketing, I have some free leads for you. I don’t mean just a bunch of shabby sales leads from people hoping to spend an hour of research online to find a free website that will earn them a squillion dollars. I mean real companies hoping to make an entrance to their market.

This does not mean that I am a bad option, or that I am expensive. I return huge profits for my clients, and I am worth many times my rates. It also does not mean that you are bad, or “cheap”. We all have our market space here, and mine is in long-term and well-funded strategic projects. In fact, you can use me as an example to show your potential clients that you are not just trying to rip them off. It really does cost a lot of money and work to create success. Bigger success takes bigger experience, bigger money, and bigger strategy. Those are the projects I accept.

I believe that we both have a similar challenge of building confidence in customers. I even expressed some troubling truths only a few days ago in a long-winded article about a short-sighted customer who has done business with me for years. Check it out for yourself: “Marketing ROI Factor: Are You a Client or a Customer?”

In reality, the upfront cost of an optimal campaign in SEO or social media is prohibitive for the majority of companies. Sure, if they could pony up the money for a well-researched campaign, they could turn over their investment at a much higher velocity. As it is, they will have a higher opportunity cost by cutting corners, but that is often the only option. It is an option that you may be able to deliver.

Even when the cost is not the biggest hurdle, putting money into an online marketing campaign is a damn scary proposition for many companies. Even when and if they can swing the money, they will dip their toe in to check for sharks before they go swimming. It is frequently not the best option, but it is a popular option. Again, it is an option that you may be able to deliver.

Note: Sharks are my friends, and whales are my clients. The other fish are looking for you. You like fish, right?

People probably ask you a lot of questions about this industry. You will sometimes need a third-party resource to help make your point. I am happy to help you ease their tension, and to help them make better decisions. My blog is always here, and there is a lot of useful information in my archive. I don’t even want a finder’s fee to send paying customers your way, or to help you explain the benefits of SEO or social media marketing to your customers. Not at all, because if you have a small budget to work with, the last thing you need is to spiff me with money.

I love spiffs, but I prefer to pay them rather than receive them. Reference my article earlier this year titled “SEO and Social Media Reward: $5,000 for Introduction“. Yes, I really do prefer to pay you a $5,000 finders fee than for you to pay me a hundred. I am a money-spending madman like that. 😉

The Caveat … Yes, The Fine Print

The first thing to do is add your comment here on this article.

Of course, I don’t just want every cockroach in the Twinkies dumpster to hold out their hand for a free crumb. I want to hear from people who actually have a quality value proposition. The big catch is that for each person with their hand out, I will be watching. Yes, I will be looking at you, and judging you. I intend to provide a small degree of vetting. If I like what I find, I may put a spotlight on you in a follow-up article.

Because we are talking about people who looked to me for help, I am not about to mess up my reputation by referring them to somebody who will rip them off. I will watch my server logs to see how much and how long you have read my work. If you have been reading, and if you have subscribed, it is far more likely that we share similar principles. I will also notice if you have been a blog troll or lurker. If you are a non-communicating type of person, start communicating, and stop hiding in the shadows if you want my referral business.

Very Important: I will notice whether you are honest with your comment, and with your communications elsewhere on the Internet.

I welcome you to add your comments to explain your value. Feel free to spam all you like. If you seem spammy to me, I have a delete button for that. I tend to react pretty abruptly to people who annoy me. For example, don’t even think about commenting with your favorite keywords in place of a name. I am looking for people … real people with real names … who want more business.

The upside of my offer is that if you are legitimate, I would like to help my readers with appropriate options, and for us to possibly work together for mutual benefit. I am serious when I say that I want quality people to refer small project business to. If you are good and honorable, we may work together a lot in the future.

I have assembled a phenomenal team for producing massive success, but there never seems to be enough marketing talent to trust with the smaller projects.

I would also ask that in the event that you are ever over your head, that you consult me. You may find that you have enough resource to help that whale of a client after all.

Other Cost-Related Articles
Although it may seem hard to turn away a client only because of their budget, there are minimums I simply don’t work below. For more thought-provoking articles on the cost of SEO and social media marketing, and perhaps help with explaining cost to your clients, I offer the links as follows:

Photo Credit:
Broken Piggy Bank by Images_of_Money via Flickr

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Marketing ROI Factor: Are You a Client or a Customer?

Planning is a Critical Marketing Component

I often ask people what they want to achieve in their business. Much of the time, they really don’t know. I ask questions relating to the sales volume of their industry, the volume they want to achieve, the market share increase they seek, and what they are doing, or willing to do to reach those things. It gets me a lot of blank stares and long pauses on phone lines. This is because they really don’t know.

Many companies don’t have goals, or even the right information to understand what goals are achievable at a given level of marketing effort. They don’t know what it will require to get the results they want, and many times they are entirely shut off to finding out the frightening truth of where they are and where they are headed. When this is the case, they simply do not have all the pieces of marketing math and science in place to make good decisions that will optimize their success.

Relax! If you don’t feel like reading right now, at least push the play button and listen to the audio version. I think you will gain something from this.

If you are a marketing professional of any decent calibur, you surely understand this, and deal with it all the time. You will appreciate this story, and wish for each of your customers to understand this. Otherwise, if you are a business person who is not involved in marketing, I will explain why you need to pay attention to your marketing people and stop trying to butt heads with them over things you don’t fully understand. If you don’t understand something, you should work with your marketing people to make things more understandable, and know this: Marketing professionals do a much better job when they are not getting roadblocked by you standing in your own way. They also perform much better if you are not having chest pains over every decision and over every nickel and dime. So, it is best that you pay attention and use what they know to your advantage. That is what they are there for!

The market information I mention here is not intuitive for most people. It is the data that a marketing director or consultant can deliver for you, digest for you, and provide continually updated measurement. Tragically, it is often overlooked when somebody chooses to kneecap the marketing department because they don’t understand the work we provide. It is important to have this information in order to build your strategy, or it will be much harder and usually impossible to achieve optimal results. If you overlook these fundamentals, you are building on a weakened foundation. It makes perfect sense, right? Fine, maybe not yet … so I’ll continue.

Without accurate information about market potential, a defined set of business objectives, and a clear knowledge of what it will take to meet your well-planned goals, a marketing campaign is often little more than an experiment in wasting money. Marketing should never be a “shot in the dark” like this, but I see it very often that this is the way companies, large and small, approach their market. It leaves little wonder why some companies view marketing as a risk, while others understand the sound investment it really is. When this miserable fate of marketing fear gains control, companies suffer in huge ways. The common cause is lack of research and planning. The common outcome is that somebody makes an executive decision to slow down the marketing train and pull it off the tracks.

When Return on Investment Goes Negative

Positive return on investment (ROI), is the magical part of marketing that keeps a business steaming forward. Sometimes companies accidentally stumble on a positive return on investment. After all, even a broken clock is right twice per day. When the return on investment comes without good planning, it is often just out of “luck”, and that “luck” runs out. When it is based on yesterday’s market information and yesterday’s strategy, a similar drop in ROI can be expected.

If you have encountered this in your company, let’s look at this again and reevaluate the importance of marketing. Marketing is what makes companies successful. Without good marketing, many phenomenally great companies have failed. Conversely, many presumed failures have become successful because of good marketing. There is a strong correlation in the outcome of a company and the quality of their marketing. Not just quantity of their marketing … I said quality. This requires providing your marketing people the resources they need so they can deliver what the company needs.

Marketing provides the math that runs the machine, and has a huge influence in everything from determining the right selling price of goods or services, to the CEO’s salary. It is a lot more than just advertising, branding, or updating your Facebook status. When marketing is done right, it is approached as a holistic strategy to make the company stronger and more profitable.

Notable Considerations: Starbucks was a little coffee company and Subway was a little sandwich shop in the beginning. Because they understood the principles I am expressing here, they have become some of the most successful companies in their fields.

Call for Marketing: A True Story

I received a telephone call from an existing client. Actually, he is more like a customer, because he thinks like a customer and creates his own roadblocks like a customer, which is unlike a client. I consider customers and clients two entirely different things.

Let me explain this: In my business, clients view me as an integral partner in their success, and not just a person who completes a series of tasks. They understand that my knowledge and experience is what brings them success, and not just my performance of a set of prescribed deeds. They pay attention, and they take my advice very seriously. Clients don’t tell me what to do about their marketing … they ask me what to do about their marketing.

To be a client, a person cannot nickel and dime their way through and stumble along an undefined path until they make it. We set goals together based on solid facts and market data, and we adjust them as needed. We create a finely polished plan and we work together to make that plan a success.

So, about the person who called me, I like this guy. He has been a customer for about four years, and we have built a relationship in that time. I consider him my friend. He has been to my home, and he has met my family. We are not strangers, and we have a mutual trust. If he says a check is in the mail, I trust him (unlike this example from Suture Express). I believe that he trusts me, too, but he gets in his own way. He likes to be in control, and he likes to prescribe specific marketing tasks. That is fine, because if he has less than optimal results, it is ultimately not my fault. On the other hand, it kind of makes me feel a bit dirty and icky to just do what he says when I know he is making a mistake.

The troubling part is that when I explain why he should be doing something differently, the train gets derailed. It is not really because he does not have faith in me. As I said, he has been to my home, and he has witnessed first-hand that I am more than just a little bit successful in my field. What I have determined is that he has a hard time putting faith in his own plan … because he doesn’t really have a plan. He just knows he wants to make more money, but he refuses to take a strategic approach, regardless how sincerely or logically I urge him to do so.

In our recent discussions, he has explained that he wishes to market a product that he believes in very much. The product is in one of the most competitive industries in the world, and includes a line of very exclusive products with a specific market that is typically affluent. I asked him the common questions, and he does not yet have all the answers. What he could tell me is that he wants to hit the market at full strength. In his own words, he wants to put 100 percent into the marketing effort. When I told him that he had better prepare to mortgage his oceanfront home, his boat, and his first-born son, he probably thought I was joking.

Let me insert a bit of fact so that you can really understand this. My customer recently experienced a common fate as his employer of 20 years sold off his division to an overseas company and he became jobless. Because of his age and his specialized experience, he decided to avoid the underwhelming job market and take a new focus. He has chosen to sell a line of products that he and his wife’s other company has had some success with.

My friend and customer is an accountant by trade. In fact, he is a damn good one, who has been charged with accounting for a whole lot of millions of dollars by a sizable corporation. He has his Master’s degree in accounting and I believe he has done a great job with it. He is not a marketing professional.

His idea of putting “100 percent” into the new business venture was still expected to be manageable with a budget of under $10,000. Ten thousand dollars?! Can you even imagine that? His goal is to replace his full-time income of a senior accountant of 20 years with an investment of less than a month’s income. If that level of investment success was possible, don’t you think McDonald’s, Wal Mart, Microsoft, and Google would have already cornered that market?

So, in order to try and keep his perception of risk low, I introduced the idea of a partnership of sorts, whereby I would provide marketing on a contingency basis. I would not have done that if I didn’t have a degree of faith in his idea, and trust for him as a businessman. I also normally do not provide such a service with woefully under-capitalized companies, or those which are unwilling to listen and take good advice from an experienced consultant.

What I realized, as I considered this a little closer is that such a partnership is really not a good idea for me, simply because of his unwillingness to understand the importance of marketing. After all, the emphasis of his new company is nearly entirely based on marketing. Instead, I will offer him the opportunity to prescribe a set of tasks, pay me as a customer, and tell me how he wants to handle his marketing.

The way it turns out, he mostly believes that the emphasis will be in the production of a really great website and some social media exposure, but gives little thought of what else it takes, and what else I know. He wants me to produce his ecommerce website development, initial search engine optimization efforts, and set up a social media presence. The four-digit budget will be exhausted long before I can complete these tasks at an optimal level, but since he is a great guy and existing customer, I will stretch my work out beyond his spending cap. I will do a an exceptional job for him, and I will not let him down.

My customer’s chosen direction will leave no room for strategy development, data acquisition, customer modeling, industry market research and forecasting, or the many other things which need to be done to create a successful market penetration. However, it will provide a sense of control and security for my customer. He will fall far short of what he could achieve if he actually could bring himself to put forth a 10 percent effort, but I cannot tell somebody how to run their business. My job is to tell them how they could run their business, what they could achieve, and help direct them there. As for the 100 percent effort he talked about … he has no concept of what a 100 percent effort looks like in a competitive market. He has only seen that in movies.

Summary: You Cannot Save Your Way to Prosperity

If you approach your market like the customer I have described, you will miss a lot of potential. In fact, it is a good recipe for failure. A reality of marketing that is difficult for many people to grasp is that you cannot save enough money to become prosperous in business. To become prosperous, you have to invest it, and do so with good direction and dedication.

I like the way Thomas Jefferson put it with the inspiring quote as follows:

“The man who stops advertising to save money is like the man who stops the clock to save time.”

–Thomas Jefferson

Don’t just take it from me, look at your own company. If you are investing wisely in your business, you know that I am right. On the other hand, if you are trying to save money in order to keep your cost low, your profit is undoubtedly much lower than it could be, too.

I shared my description of what I call a client versus a customer. The question that I really hope you can answer for yourself is which makes more sense in your business. Would you rather be a client or a customer?

Other Related Articles: I believe that a lot of shortsightedness comes from fear of loss overcoming hope for gain. The fear of loss is often due to the cost of doing things right, versus just doing things. Here are some related articles you will appreciate if you liked this topic.

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