Benefits of Combining Online and Offline Marketing

November 17, 2009 by admin  
Filed under Entrepreneurship

Lucien Bechard asked:


There is a lot of buzz going around the network marketing industry lately about online vs. offline marketing and which concept is better. The top leaders from each industry have been strongly stating their case as to why their concept is better. Both sides have strong and valid points that make it very tough to decide which one is better. But what if you didn’t have to choose a side? What if you could become involved with both of them?

Before we delve into this further let’s take more of a look into both industries.

Offline marketing & Direct Selling companies have been around since the beginning of time. It all started back in the day with people going door to door to pitch and sell their products. Companies such as Amway, and Mary Kay created a massive boom in the industry using the techniques of door to door selling. People in the 80’s and 90’s started learning the concepts of residual income and became really excited about the income potential this could bring to their lives. They started jumping on the bandwagon and began pitching their products and companies to everyone they came in contact with. There were a select few that made a tremendous amount of income from the direct selling craze, but most people ended up with nothing. A lot of people not only lost a lot of money, but they also had their dreams shattered along with it.

That’s when people started having a negative taste in their mouth about the direct selling industry. Terms such as “pyramid scheme” and “scam” began to surface.

The trends started to shift in the late 90’s. People started to become turned off to the concept of direct selling. They didn’t like bothering their friends and family. They weren’t interested in going to seminars and buying products they didn’t need. The direct selling industry now had a bad rap.

But here’s the key thing to remember. The concept and idea of residual income still stayed strong. Residual income wasn’t the “pyramid scheme” and it wasn’t a “scam.” Despite what people thought about the direct selling industry, no one could ever say anything negative about residual income. People still desired to have the lifestyle that residual income produced. They just didn’t like the way they had to go about achieving it.

Residual income never has and never will be a negative concept. The way people go about achieving residual income has become what’s negative. It’s a solid concept that most people still desire to have.

Now let’s flash forward to Internet boom. Ever since the Internet craze has hit the industry people have become inundated with business opportunities everywhere they go. People are being pulled in every different direction and they don’t know which way to turn.

The social media craze is causing such a stir throughout the industry. Sites like Facebook, MySpace, Twitter, and YouTube are taking over the Internet. If you go on any one of those sites, you will see that they are just one big “pitch fest.” Everyone is selling something, no matter if they are involved in online or offline marketing. They have a message they want to tell and they want you to hear it.

Everywhere people go on these sites they are being sold on business opportunities to “work from home,” “no meetings involved,” “no bothering friends and family,” and “no lotions or pills to sell.” 90% of the work will be done for them they are told. Terms like “pre-launch,” “get rich quick,” ‘join now,” ‘reserve your spot” have taken the industry by storm. Every time people log into their email, they get spammed by every Internet marketer on the planet telling them how great their business is.

So here’s where the crazy cycle has begins. Offline & Direct Marketers vs. Online Marketers. The tug of war has become heated.

Offline marketers believe in the old school network marketing principles of “making a list of friends and family,” “contacting them,” “showing them their opportunity,” and then “following through.” They believe in the human touch approach. They still hold motivational seminars, dream building sessions, strategy meetings, and cold call sessions like they did in the 80’s and 90’s.

They do network a little bit on the social media sites but most people don’t know what they are doing. They aren’t receiving any training from their up lines on how to brand themselves and market their business online. Also, most of the top offline companies have restrictions about their distributors using online marketing methods to promote their business. The distributors hands are tied.

Here’s where the struggle is taking place with offline companies and why they are losing most of their distributors to online companies. Most of these companies are on the verge of being wiped out because they are still stuck in the olden days of running a business. They are not with the times. Their philosophies of running a business are sound, they even have strong moral principles, but they are being buried by the Internet. Internet marketers are stealing these distributors away in droves and the people that are left are stunned when their down lines are wiped out.

Online marketers have a laser targeted focus on playing to the emotions of offline marketers. Their goal is to target all offline marketers and play off of the negative emotions they are facing with their current business. “The grass is greener on the other side” is what they portray.

With online marketing everything is automated with very little human touch. Online marketers just want people to enter their information into their “capture” page and then proceed to blast peoples email addresses with auto-responder messages hoping to play the law of averages. They know that if they can get their message to enough people, the law of averages will end up working in their favor.

“The money is in the list!” That holds true in both online marketing and offline marketing. It’s all about “the list.”

After reading this and seeing both sides of the fence, neither side seems appealing does it?

That’s because they aren’t working together! There is no “Synergy” working against each other.

That’s why you should incorporate both online and offline marketing methods into your businesses.

First of all, human contact is still the most important element in both online and offline marketing. Human contact is the key to having long term and lasting success in the network marketing industry. People want to do business with other people, not with a computer.

Online marketers can only hide behind the Internet for so long before their businesses will crumble. If online marketers want to become true leaders and have huge businesses, they have to incorporate human touch into their business.

If online marketers want to truly become successful, they need to still fill their minds with positive information through motivational cd’s and seminars, dream building sessions, and strategic planning sessions with other mentors.

Offline marketers have been teaching these principles for years and they are even more relevant in today’s world. Today more than ever, people want to be in business with someone they can trust. People still need guidance and mentorship from other leaders. Online marketers can learn a lot from offline marketers on how they build a business. The principles offline marketers use to build a business are sound and are still the basis by which a business should be built.

Let’s talk about what offline marketers need to do to get with the times before it’s too late. There’s no denying that the Internet has changed how business is being done. The social media giants are not going away and neither is online marketing. It’s only going to get bigger. Offline marketers need to start learning how to brand themselves and their businesses on the Internet if they want to succeed in today’s world. If offline marketers don’t learn how to market their businesses and brand themselves using the major social media outlets, they are going to get eaten alive very quickly.

There’s a tremendous amount of opportunity that’s come with the social media boom, but there’s a very limited amount of time people have left to learn how to capitalize on it.

If people get the right training they need now and learn how to use the Internet to build and market their business, they will become very wealthy.

It’s important to catch and ride the Internet and Social Media wave now before it’s too late! If you incorporate human touch in the process you will be a top leader that everyone turns to.

If people learn to combine the personal human touch, strong moral principles and philosophies of offline marketing, along with the momentum of the social media giants and the power of online marketing, they will become a part of history.

To learn how to effectively combine both online and offline marketing strategies to create “The Perfect Synergy” visit


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Marketing on the Cheap: 7 Things You Can Learn From Offline Marketers

July 21, 2009 by admin  
Filed under Entrepreneurship

TheEvilGenius asked:


In the Internet Marketing community, we are constantly exposed to strategies and tactics to market your product/service online and drive traffic to your web site. I don’t mean to dismiss the value of any of these methods.  In fact we use most of them ourselves.

But, it almost makes you wonder… “How did people ever market before the Internet?” 

That question served as my jumping off point in developing this list. You see, it seems everybody is talking about how to increase your online marketing, but nobody ever talks about what you can do to increase your offline marketing with little or no funds.

So here it is: 7 Tried and true tactics for marketing on the cheap. Online or Off

Tip 1: Make yourself newsworthy



Getting a mention of your company in the right medium can do wonders for your career and your business. How much better do you think a book does when Oprah adds it to her book club?  For that fact, would there even be a Dr. Phil? I can only hope not.

The trick to this one is to make yourself interesting in some way.  Gary Vanderchuck from winelibrary.tv is the perfect example. He’d be the first to tell you that selling wine is not the most newsworthy of topics.  So how did he do it? His over-the-top personality and antics. Selling wine is not entertaining.  Getting Conan Obrien to eat grass and **** rocks on national TV to “prepare his palette” is.

Tip 2: Leveraging other peoples work and money

The Best Story Ever: David pwn3s Goliath – A startup I worked at called eRoom Technology used this tactic against Lotus, a painfully well funded corporation at the time.  eRoom had the better product, but Lotus had the marketing bucks.

Lotus was having a press conference on their new virtual collaboration package at a big industry event in Vegas. They paid handsomely to have all the top reporters flown in and lavished them will luxury perks and gifts. They had slick presentations, great location… the whole nine. eRoom’s stroke of genius was to buy the 4 giant banners that were located directly behind the speakers head (remember this was a an industry conference where they accept advertising sponsors). The next step was to have 100 beanie babies, wearing a tiny eRoom t-shirts, placed on each reporters chair immediately before the conference was to start.

The take away: Every last reporter talked about the eRoom coup as part of their Lotus article. Lotus paid hundreds of thousands of dollars for the press conference, eRoom spent less than $5k. Brilliant.

The concept of the Mall is another the perfect example of this tactic in action.  Smaller stores move into a space with bigger “anchor” stores in hopes of enticing walk-by traffic that are headed to the anchor store.  Ever see what happens to a strip-mall when all the anchors leave? Not pretty.

As you can see, this rule does not have to be limited to physical location.  Find a synergistic company (preferably outside your industry, but serving same market) and find a way to piggyback on what they are doing anyway. Could be their location, could be their advertising program, could be their branding, could be their research. Find that angle and work it.

Tip 3: The Identity Kit and Ruthless Branding

The marketing maxim that a person needs to see something 6-7 times before it registers still holds true after all these years. But remember, just because you are on the internet does not mean that it does not apply everywhere.

Create an identity kit including business cards, letterhead, envelopes, fax templates, email signatures, folders. Make sure everything includes your logo, business name, and tagline if you have one. A nifty trick is to also use your logo as your profile picture for message boards and social media sites. A crucially important step is to make sure you are consistent offline and online. Same logo, same fonts, same color palette. When this works well, it will look like your company is EVERYWHERE. Better yet, it’s dirt cheap.

Tip 4: Keep your Customers Happy

 

This should be a no-brainer, but I see it happen time and time again with web-based businesses.  All of the emphasis is put on generating traffic and new leads, while current customers are left to wither and rot.  The truth is that keeping a customer is 5-7 times cheaper (that’s 700% kids) than acquiring a new one. Moreover, the probably of selling to an existing customer is 60-70% whereas to a new prospect it is 5-10% at best. 

What you need to do is put in a customer retention program if one does not already exist.  Communicate with them just as often as new prospects, and give away as much to them as you would to entice a new prospect. Just because it is cheaper to obtain a customer on the internet, does not make that customer worth less. 

Tip 5: Maximize referrals

The IM community is actually starting to make some great progress on this front. However, the problem I am still seeing is that the referrals are still taking place on the prospect side, not the customer side.  Again this ties into rule #4 Keep your customer happy.  For example, you offer a free eBook download and encourage that person to refer 5 friends for an additional bonus.  Until that first person buys something from you they are not a customer, they are still a prospect. 

The critical difference is: When a prospect refers another prospect, you still have to start from square one with the new lead.  When a customer refers a prospect, you have a 50% (yes FIFTY) percent higher chance of making a new sale. 

The take away: Spend AT LEAST as much time creating a referral program for current customers as you do for new leads. 

Tip 6: Form a Joint Venture

The term JV and JV Deal get thrown around a lot on the internet.  In most cases it actually refers to an affiliate program and not a true joint venture. A true Joint Venture is when both you and a partner pony up something to reach a common goal.

For example, say you sell investment real estate. You find that 99% of your customers need to have their property managed after the purchase. What’s the JV no brainer? You guessed it, a property manager. In this case you could form a JV with a property manager to split costs on advertising, office space, technology, or anything else that helps you reach a shared goal. 

Tip 7: Donate your time or stuff

Chances are that you are interested in something outside the internet or business world.  Why not find a way to explore a hobby while helping others and creating some good will towards your business.  The key emphasis on this is subtlety. You don’t want to be doing this only to push your business. Hopefully you should get something out of helping people in-and-of itself.  The goodwill is just a bonus.  Albeit a very strong one. 

A great example I saw recently was a realtor who bought a large passenger van and posted a giant picture of his noggin complete with logo, name, and phone number. He had originally bought the van for his customers use when they bought or sold a house with him (Was perfect for moving locally or when new buyers needed to pick up big things like a fridge, dryer, etc)  . This was a great idea itself.  What made it brilliant is when he read a newspaper article that a free after school program was shutting down because they no longer had the budget to ferry the kids from the school to the rec. center.  So what did he do?  He donated his van between the hours of 3-5 to the center. They did the driving and paid for the gas. As you can imagine he became an instant Rockstar in the community. 

Follow up: I spoke to him a year later. His already successful business was up 400% and he was able to cancel all other lead generation marketing. Genius.

To Download a copy of this article in .pdf format, please visit Evil Genius TV.



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