Podcast Archives - Page 24 of 28 by Mark Murnahan

New vs. Returning Users: How Readership Churn Counts in The Static Age

The Internet has changed. Wait, scratch that … the world has changed, and the people of the world are fully engrossed in “The Information Age”. Maybe it is even beyond that, and perhaps we can now effectively call this “The Static Age” because of the massive level of static we must sort through to hear or be heard. Right now, today, there are likely 42 squillion people writing about your industry on a daily basis, and unless you are the reincarnation of Elvis Presley, you will have a hard time capturing their interest.

It is time to take a closer look at an important metric of your website traffic. Who is coming to visit, and will they return? Did you do something that knocked their socks off? Did you have something to say that totally blew them away enough to subscribe and come back? Allow me to explain why this matters, and what you can do about it.

Good Bloggers Know and Care About Readership Churn

The number of bloggers in 2010 has shot the moon. If you don’t believe me, that is fine. I should not need to prove this with numbers, because you surely already know it. You probably already saw another blog (or three) in the last 1 minute and 22 seconds. The blast of information is fast, furious, and growing like a flu pandemic. Some of it is great information, but most of it will interest you as much as a knitting class interests a race car driver.

Much of the massive blast of information simply does not apply to your life. Even if it is reliably useful information, I think we can agree that a lot of what we see on the Internet is filed away in the “time wasted” category and we will not be going back to read more.

So what about you? Will you find yourself filed away in the bottom of your readers’ Internet history? If you want to avoid this, you must get a couple things straight right now. In my short list, I will include that you must be useful, pay attention to your readers, give them a great reason to come back, and do not disappoint them when and if they do.

There is Still Hope for Bloggers!

I have written about good reasons to blog. The reasons I have listed have been implemented and trusted by many readers. I write things to help people, and I do not take them for granted. Even with all my efforts to be useful, it would be astonishingly simple for people to forget where they got that useful idea (whatever the idea). I know this, because I forgot where I have found some great ideas, too. I am telling you … there is a massive wave of information, and even the best of us cannot keep it all filed away perfectly. So it is extremely important to help people remember you. If you are in business, it is important to help people remember why to come back to you when they want more, or they know somebody who does. How can you do that?

If you are blogging to advertise your goods or services, you will have a hard time getting people to pay attention. Something far more important is to give them something they care about. Give them something useful. Since you cannot do something amazing every day (nobody can), you should give them a picture of other things you write about. Give them an archive. If they think that you may be just a little bit interesting, let them see if there is more where that came from. I will blog about how to create various kinds of blog archives soon, but for now, just be aware of the idea and that it can help others see more value in what you provide.

If They Want More, Make it Easy and Non-Threatening

The next thing to do is be sure that if people see a value in what you provide that they can subscribe to receive more of it. You do not have to beat them over the head with it, but you cannot expect them to go out of their way to give you their attention, either. It is not a promise that you will be amazing. It is not a promise that they will ever do business with you, either. It simply means that they will have more opportunity to see what you are about, and if they eventually need what you offer or know somebody who does, they will remember you. Timing is a big issue in business, and most of the time, people do not need or want what you sell at the moment they discover you. Things can change, and if they are at least aware of you, you will have a lot stronger chance of getting the call when they need you.

Give them an easy way to subscribe. Google’s FeedBurner is easy and non-threatening because people will never need to worry about you spamming them. If they subscribe by email, it is safe because they are not giving it to you. I never worry about subscribing to a FeedBurner feed, because I know my email is not going anywhere but Google, and Google already has my email. They don’t spam me. As for RSS subscribers, like email, they choose whether to subscribe and they will not need to worry about you having their email address, and the only way you can really “spam” them is by putting it on your blog for the world to see.

It is this easy to ask somebody to subscribe. Allow me to lead by example.

Please Subscribe by Email or RSS

or Subscribe in a reader.

… and it is this easy to show them your past performance so they know what to expect:

See My Blog Archive

To summarize this, it is important to remember the value of repetition in marketing, and that if you want people to receive your message over and over again, you need to do something useful that benefits them. You have to give them a great reason to receive your repetition. Then, you must let them know that you want to be in their list of considerations when it is the right time for them.

No, this is not a precise tutorial on how to get things just right. It is a message on how to think about your marketplace and why people will want to hear from you again. Just like any business endeavor, when you reach the same people again and again, it is a whole lot easier than trying to continually find new people. This is true whether you are giving something away for free, or offering something for sale.

Now I ask that if you have an interest in what I said here that you subscribe to receive more, because I truly do not want to have to replace you.

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Help Abolish Procrastination Tax

I made a follow-up call to a man about his marketing needs. He previously asked me to follow up, and so I did just that. Within about a minute of my call, he said “Well, this is a really busy time of year for us” and started with more excuse-crafting. I interrupted him to say “Hey Bill, I am not calling to waste your time” and quickly ended the call. What I really meant was that I was not calling to waste my time, and I think he got the point.

Bill is a man who knows very well why his company is bleeding money. He knows that he needs better marketing. That is why we have been talking. He expresses good intentions, but he always has an excuse. Is being busy a good reason to put off better marketing? Is money a good reason to put off better marketing? Is there really ever a good reason to put off something that will improve your business?

Let us consider where money comes from in most businesses. It comes from doing more business, and that means more customers. More customers comes from marketing. Is this really such a mystery?

“Procrastination Tax” is the Extra Cost of Waiting

People have been frustrated by taxes for centuries. They vote, they write their government leaders, and they even overthrow their government, but mostly they complain. They complain a lot! I hear people every day complain about the economy, and how everything is swirling down a big toilet bowl. I am not completely excluding myself. I don’t like it any more than the rest of you. The difference I make is that I realize one of the biggest “taxes” I pay is “procrastination tax”.

Putting things off until it is too late, or until the cost of waiting makes problems much worse is common. It is one of the easiest mistakes to make, and also one of the most damaging. The good news is that you have a choice.

For somebody like Bill who makes excuses, the additional cost caused by procrastination is high. He said that this is a busy time of year. It is the time when his business seems to be getting better. It only lasts for a short time, and then things will be slow again. Bill knows this, because he has been in his business and waiting for the next busy season for decades. Wouldn’t it make sense to maximize that seasonal opportunity, since it only comes once in a while? By procrastinating, Bill has effectively put off his best chance to turn his business around and stop losing more money until another year. Yes, another whole year before he will have another opportunity like he faces right now. Another year with mediocre results … and that is if all goes well. Another year to worry about whether he socked away enough to make it through the next slow period. Another year that he could have done more business and grown his company and had an even better year, next year.

I wonder how many years Bill can waste procrastinating before he realizes that action today is worth a lot more than action tomorrow. For some industries there is a year between each big rush, and for others it is a much shorter time. In any case, the tendency to wait for just the right time can have damning results to a company. I wonder how Bill will feel when he looks back a year from now and wishes he had set a better plan in motion. Oh yes, and next year will come … faster than ever.

Bill will always be waiting for something. While he waits for the perfect time, his procrastination tax is growing each day.

This reminds me of something my mother told me many years ago. She said “If you wait until you are ready to have children, you will never be a father.” I have three kids now.

Related Article: Push Your Marketing “Go” Button

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Improve Social Media Interaction With Wibiya

I am such a fan of this product that I want to tell you this right upfront: I have not been hired by Wibiya to market for them, and I do not have anything at stake here. My reason for blogging my review of Wibiya is nothing of the sort. It is just so cool that I was compelled to give my testimonial. Now, shouldn’t we all be so fortunate to have fans who feel like that?

Wibiya is kind of a funny name, and it may not just roll off the tongue the way Twitter, Facebook, or Squidoo does. All the same, I think this is a social media service you will see in use a lot more in the future.

Website Toolbars Are Not Created Equal

I have used toolbars on various websites before, and some were pretty cool. I have even scripted my own website toolbars from scratch and made them work really nicely with social sharing links, custom URL shortener, and all of the neat stuff you can pack into the little 50-80 pixel space you would expect from a toolbar. I am kind of geeky like that. I very often choose the hard way of programming, by doing it all myself from beginning to end. That way I get the exact result I am looking for, and not include all of the extra junk that most off-the-shelf programming code will include for meeting every possible scenario on every possible type of website. As you can see at the bottom of each page on my blog, I have chosen Wibiya on this website, and for some good reasons.

Here are just a few things I like about Wibiya:

Non-invasive and fast-loading (unlike some web toolbars).
Wibiya is highly customizable.
Simple site-search function located out of the way of other site elements.
Easy photo and video gallery implementation with multiple photo sites.
Nice RSS features.
Users can do more and see more without leaving the site.
Additional statistics reporting for Wibiya application usage.
Many available applications ready for use.

Social Media Interaction and Wibiya Toolbar

Social media interaction is clearly an important part of my job. I interact with blogs (mine and many others), Facebook, Twitter, YouTube, and a big list of other social networks. There is no better way to know if my work is useful than to share it with others and hear from others to gather their opinions. That is why most bloggers love comments on their work. It means people are paying attention.

Another way to know if people are paying attention is how long they are on your website and how many pages they visit. My blog has an average time on page of over four minutes, over two pages per visit, and a bounce rate around 20-25 percent. To me, that is about as awesome as bacon (I love bacon)! So, any way that I can improve these stats would be even more awesome … like cigarette and coffee flavored bacon.

One great way I have found is to not just let people see that little piece of you, but to see a bigger picture. This goes for big corporations and individuals alike. If you have something valuable to share, you should share it in whatever way people want to receive it. That can mean meeting them where they are, on their terms, and on their preferred networks. This is something Wibiya can help to improve.

Try it out and see what I mean. There is a Wibiya toolbar on the bottom of each page on my blog. Click a few things and find out why I like it. I will also include a couple websites by friends (and my wife) who chose to use Wibiya. Check them out and see how they used it.

Social Media Philanthropy by Jeff Gibbard
RuhaniRabin.com
Mad Eliza’s Cakes and Confections

If you decide you want one for yourself, you can get yours at Wibiya.com. There is a free version and multiple upgraded packages available to choose from.

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Influence Marketing: Reach Your Market Through Their Influencers

I woke up to another Monday today. Monday is the day I ask myself the question again, “Are you reaching the right people?” It goes a bit deeper when I start asking “Are you reaching them with the right message?” If I can answer both of these with the affirmative, the next step is to repeat it and try to be sure the message continues to reach the right people, with the right message, and at the right time. Getting the right time means doing it again and again until their time is right. At the top of my list is reaching the right people.

How To Reach the Right People … The Influencers!

I think for a lot of people trying to reach a market, the question of how to reach the right people totally confounds them. It is actually a bit tricky and it takes some serious thought. It gets easier with training, experience, and research, but it is always a challenging part of marketing. Good marketing often means reaching the buyer themselves, but the best marketing often means reaching the people who influence the buyer. It is called influence marketing. Knowing who is an influencer and who is a buyer is an important step to knowing the right message to deliver. Getting it wrong means wasting a lot of time and money.

Car companies learned about this a long time ago. They realized that, statistically, men will be more appreciative of the 7.0L V8 engine and the 505 horsepower, while ladies will care more about the handy button to automatically move the power seat back to where she left it (before her gearhead husband got in and moved it). They segment their market and deliver a different message to reach the right person with the right message. By doing this, they are selling features to each party, but they also know that if I want that 7.0L V8 engine, I will use that silly seat button they told me about to influence my wife. Now that is how to get a car sold! Reaching the right person very often means knowing more than just them, but also who influences them, and how.

If I was selling wedding dresses, I would know that the bride is not always the only participant. There is another important point of influence. I need to reach her father with the message that his little darling will feel like the princess she wanted to be when she was five years old and that this is that moment she had planned for all those years. I need to reach the bridesmaids who will tell the bride how gorgeous that dress makes her look. I need to reach the influencers or the whole thing could be shot down and I have just another expensive dress on the rack.

For me, I consider who reads my work. Exactly who is attracted to a blog about marketing? Probably people who have a product or service to offer, right? The fact is that it is mostly people who would never in a million years consider paying me to help them build their market. This is just fine for me, because it helps me focus on being useful. If I am useful, people will come back. If I am even more useful, they will pass it along to others in their circle of influence. Because I know that most of my readers are not directly in the market to buy my services, the focus is a lot more on being helpful. Reaching the right people means reaching the influencers, and not just the buyers directly. Seriously, most CEOs and VPs are not looking for me. My job is to be sure they find me, but when the message is delivered by somebody influential to them, it is better than if I deliver it right to them. That is crazy back-door thinking, right? Not really. Just imagine the marketing assistant who says “I like this guy, boss. We should talk to him.” That influence will always go a lot further than just reaching the boss and explaining how great my offering is. The right message is that I am not the competition, but rather here to be useful. The right timing means that readers will subscribe to my blog and find me again when their timing is right.

If you want to reach the right people, you often must look far beyond the obvious target. Think about how you can better reach your market influencers. It is Monday, and it is a great way to start your week.

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New SEO Acronym to Replace SEO by 2012?

Have you ever been in a conversation and somebody used an acronym that you did not recognize? You just kind of keep it there in your head for a moment and hope they say something that will clue you in on just what the heck they were talking about when they uttered that string of letters. Then, if you cannot figure it out, you may whip out your phone and google it while nonchalantly acting like you were checking an important message. I will offer up a new acronym for skilled Internet marketers that will be more memorable and better reflect the work we do. First, I would like to explain why I think the “SEO” acronym should be laid to rest.

Exactly what is “SEO” and why in the name of all things sensible do we still use this acronym? SEO can stand for either search engine optimization (the services) or search engine optimizer (the person), but it actually encompasses a much broader spectrum of Internet marketing services and technologies. It has morphed dramatically over the years, as marketers’ understanding and use of the Internet has changed, and as many greenhorn SEO came to flood the market. The use of “SEO” became popular enough that I suppose it sounded better to a lot of people than the term “Internet Marketer” or “Profit Engineer” and so instead of SEO being considered a sub-category of Internet marketing skills, it is often used to represent the whole of Internet marketing. It became more of a meme than an actual skill set, and due to saturation of its use, the real meaning has been muted and bastardized.

The fact is that in order to be a search engine optimizer, it requires skills and tools from all disciplines of Internet marketing, including social media, reputation management, market research, data analysis, creative marketing, programming, website structure, web servers, and much more.

It seems to me that the SEO acronym has gone the way of the word “Webmaster”. Back in the early days, to be a Webmaster meant that you had a thorough understanding of everything from software, hardware, network infrastructure, website design, programming, security, and more. It meant that the person had a mastery-level understanding of the Web. It was an actual job title that held a meaning. Then, all of the sudden anybody with a keyboard and a mouse was using the popular Microsoft FrontPage to build a website and they were calling themselves a Webmaster. I was a Webmaster before that revolution, and it gave me a little taste of puke in my mouth when I saw that I could have become a Webmaster a whole lot faster if I just claimed it instead of actually reading and studying all those countless hours to become one.

I suppose if you want to call yourself something and you get a few people to believe it, you can be just about anything. I think I will call myself a “Profit Engineer and Competition Killer with Extraordinary Resources”. PECKER. As for the act of providing PECKER, that would be “Profit Engineering and Competition Killing with Extraordinary Resource” I think it rolls off the tongue nicely, and its meaning is better defined and understood than “SEO”. Besides, it was one of only a couple acronyms I could find that were not already taken.

Coming soon, “SHAFT” … be sure to subscribe!

Malabar Grey Hornbill photo courtesy of Rathika Ramasamy
via Wikipedia

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