15 stupid marketing mistakes (and how to avoid them)
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Bruce Goldman Bright Orange Advertising 3709 Blue Lake Drive Richmond, VA 23233 804.767.7180 Mobile 804.921.2310 Fax 866.397.6618 www.BrightOrangeAdv.com [email protected]TRANSCRIPT
15 Stupid Marketing Mistakes
(and how to avoid them)
Mistake #1:
The Field of Dreams syndrome
Mistake #2:
The better mousetrap fallacy
Mistake #3:
Hiding from your customers
•16-20 million US businesses
•16-20 million US businesses• Only 2-3 million actively manage their online listings
•16-20 million US businesses• Only 2-3 million actively manage their online listings• 8 million haven’t even claimed them
How do customers find
products and services?
82%Search Engines57%Yellow Pages (paper)53% Newspapers49%Internet Yellow Pages32%White Pages
Source: Webvisible & Nielsen, 2008-9
Where do they look first?
50%Search Engines24%Yellow Pages (paper)
Source: Webvisible & Nielsen, 2008-9
Compared to 2007
72%of consumers use Search Engines more
23%use Yellow Pages less
Source: Webvisible & Nielsen, 2008-
2009
Mistake #4:
Expecting your marketing
to do too much
•Marketing techniques can create the traffic
•Marketing techniques can create the traffic• You have to turn that traffic into sales
Mistake #4:
Expecting your marketing
to do too little
“Building awareness” is too little
For example, are you aware of…
Would you hire him as your lawyer?
The purpose of marketing is to change people’s behavior (get them to buy from you).
Mistake #5:
White Pages thinking in a Yellow Pages world
•Consumers are looking for what you sell, not you
•Consumers are looking for what you sell, not you•82% find products and services with search engines
•Consumers are looking for what you sell, not you•82% find products and services with search engines• 50% use search engines first
So your URL, metatags, keywords, etc.,
should be about what you do, not who you are
gce-llc.comvs.
customhomesva.com
Mistake #6:
Ignoring the hierarchy of sales points
•End benefit•Benefit•Attribute•Feature
Mistake #7:
Failing to measure
Mistake #8:
Talking to an audience of one
Whatyouhave
Whattheywant
Mistake #9:
The “And then what?” effect
(Company name) is a business solutions provider focused on assisting decision makers and senior management with transforming data into actionable information so they can more effectively utilize and leverage their information assets.
Mistake #10:
Trying to emphasize everything
Mistake #12:
Endless scrolls and other verbosity
People
•People don’t have all day to spend on your website
People
•People don’t have all day to spend on your website•Even 30 seconds is great
People
•People don’t have all day to spend on your website•Even 30 seconds is great • So be focused and to the point
People
•People don’t have all day to spend on your website•Even 30 seconds is great • So be focused and to the point•More, shorter pages (nothing below the fold) are better
People
•People don’t have all day to spend on your website•Even 30 seconds is great • So be focused and to the point•More, shorter pages (nothing below the fold) are better•Text links increase time on site
Mistake #13:
Assuming all competition
is direct competition
People
Example:Chiropractic practice
People
Direct competition:•Other chiropractors • Medical doctors
People
Indirect competition:•Analgesics • Ice packs•Heating pads•Putting up with the pain
People
Another example:Hot yoga studio
People
Direct competition:•Other hot yoga studios • Other yoga studios
People
Indirect competition:•Pilates studios • Health clubs•Aerobic exercise•Weight training•Other forms of fitness and exercise•Being overweight or out of shape
Mistake #14:
Making a cheap website look cheap
People
•People equate production quality with quality of product or service.
People
•People equate production quality with quality of product or service.•Literally thousands of free or low-cost WordPress templates
People
•People equate production quality with quality of product or service.•Literally thousands of free or low-cost WordPress templates • All are professional and better than what you could design yourself
Mistake #15:
Forgetting the First Law of Holes
“When you’re in a hole, stop digging.”
Dennis Healey
“Insanity is doing the same thing over and over and expecting different results.”
Albert Einstein
People
•So use your metrics
People
•So use your metrics•Learn what works and what doesn’t
People
•So use your metrics•Learn what works and what doesn’t • And follow this Red Army doctrine:
“Reinforce victory, not defeat.”
Red Army doctrine
And you’ll have lots of victories to reinforce