Most Important Questions for Business – Marketing Part 2
How Should You Market Your Product or Service?
Stick to a Spiel or Brand Lingo
It is very interesting for some brands that seem to be keenly dialed in to a particular customer base or niche including the niche’s history, any special interests and desire that the marketing endeavors strike more of creating a festive carnival atmosphere.
How: Planned events built around niche market themes, and they are branded with your product or service. You can also run contests asking event photographs to be used to create a collage you can then use on your brand label and invites. It actually reinforces your message and your vision.
Cost: A few thousand bucks, depending on the extravagance of the events.
Connect With Customers by Making Them Stars
In reality this is a less expensive variation on MicroBilt’s strategy of “make-a-video,” with a smidgen of social-networking flavor tossed in the mix. Gifted or not, people generally desire to reveal or share their art, stories, many times including even their hopes and dreams. Provide them a market channel in exchange for trying out your product or service.
How: When skin care companies launch new fragrances, just before Valentine’s Day, put out the call for love stories to be posted on your Website. You should receive hundreds of submissions. Then each contributing writer receives samples of the perfume and then you get their contact information.
Cost: Minimal costs beyond the free products or service.
Tweet (Use Twitter)
Okay, so unless you’ve been on a different planet until recently you’ve heard about Twitter, that intriguing, surprisingly addictive social-networking technology that makes possible the swap of torrents of rigorously truncated messages (140 characters maximum limit) in the midst of millions of Twitter users. You may well have heard that it’s a really big waste of time, and in numerous respects, that’s accurate. You have to also understand is that it’s also true that Twitter can, and has proven to be a powerful marketing tool.
Twitter Video: Discover What’s New in the Twitter World!
Team Altman Awesome Twitter Video!
Many of us feel that Twitter is the best way to find out what’s new in your world, for anything from football to film to generosity and charity, people the world over are using Twitter to learn what’s new about whatever they might find interesting, and are curious about.
Now you know already that Twitter has always been about getting a whole lot in a little. The limitation of 140 characters drives succinctness and lets you rapidly find out and share what’s happening. Yet, we’ve continued to learn something since Twitter first started, and that is life doesn’t always fit into 140 characters or less.
Twitter is introducing a new, re-engineered Twitter.com that provides an easier, faster, and richer experience.
When you visit the site, you’ll see the familiar timeline, but underneath each Tweet are a handful of information including more in-depth context, and even embedded media. So, you just simply click on an individual Tweet and a detailed pane slides out on the right and reveals this content.
Discover What’s New in Your Twitter World!
Twitter News Alert! Twitter to Raise $100 Million in New Funding!
That’s right! $100 Million in funding based on a recent valuation of $1 Billion for the wildly popular micro-blogging platform, in spite of the fact Twitter has yet to implement a revenue model, although potential revenue streams are being developed as part of a model under work.
WSJ – Breaking News: Twitter to Raise $100 Million from Insight, T. Rowe Price, and Other Investors
Mashable – WOW: Twitter to Raise $100 Million in New Funding
Twitter Continues to Build Top Management Team!
Twitter has been actively working on building a top-line management team of very experienced professionals at building large scalable operations, probably the most critical component for Entrepreneurs to address as part of their business growth strategies, and most recently Twitter has recruited Dick Costello, former Google exec and the cofounder and CEO of RSS service Feedburner, to be Twitter’s new chief operating officer. Keep in mind that Twitter’s Evan Williams was previously at Google for several months after Google’s Blogger acquisition, and Costello is also an early investor in Twitter. Costello, who sold Feedburner to Google for approximately $100 million should be able to help Twitter as it continues to grow its capacity and infrastructure to be able to handle the demands that have plagued them as of lately.
This news is significant because the management team is such a critical component of the formula for developing and maintaining a highly successful business or organization.
Oh, RSS Is Definitely Dead Now: Feedburner CEO Dick Costolo to Become Twitter COO
