Inbound Marketing vs. Outbound Marketing

This article, or post, originally appeared on HubSpot’s Blog

When I talk with most marketers today about how they generate leads and fill the top of their sales funnel, most say trade shows, seminar series, email blasts to purchased lists, internal cold calling, outsourced telemarketing, and advertising.  I call these methods “outbound marketing” where a marketer pushes his message out far and wide hoping that it resonates with that needle in the haystack.

I think outbound marketing techniques are getting less and less effective over time for two reasons.  First, your average human today is inundated with over 2000 outbound marketing interruptions per day and is figuring out more and more creative ways to block them out, including caller id, spam filtering, Tivo, and Sirius satellite radio.  Second, the cost of coordination around learning about something new or shopping for something new using the internet (search engines, blogs, and social media sites) is now much lower than going to a seminar at the Marriott or flying to a trade show in Las Vegas.

Rather than do outbound marketing to the masses of people who are trying to block you out, I advocate doing “inbound marketing” where you help yourself “get found” by people already learning about and shopping in your industry.  In order to do this, you need to set your website up like a “hub” for your industry that attracts visitors naturally through the search engines, through the blogosphere, and through the social media sites.  I believe most marketers today spend 90% of their efforts on outbound marketing and 10% on inbound marketing and I advocate that those ratios flip.

The best analogy I can come up with is that traditional marketers looking to garner interest from new potential customers are like lions hunting in the jungle for elephants.  The elephants used to be in the jungle in the ’80s and ’90s when they learned their trade, but they don’t seem to be there anymore.  They have all migrated to the watering holes on the savannah (the internet).  So, rather than continuing to hunt in the jungle, I recommend setting up shop at the watering hole or turning your website into its own watering hole.

Editor’s Note: An updated version of this article has been published here: “Inbound Marketing and the Next Phase of Marketing on the Web

8 Easy Ways to Network on Twitter

By Cindy King
Published March 25, 2010 on Michael Stelzner’s Social Media Examiner

Wouldn’t it be wonderful if you could develop a valuable business network online? Twitter’s real-time communication capability makes it a great business networking platform you can’t afford to ignore.

By honing your social networking skills and adapting them to this fast-paced environment, you can use Twitter as the starting point to build a strong business network.

There are two parts to networking on Twitter:

  • First, you need to connect with the people you want to get to know.
  • Second, you need to find a way to establish relationships with the right people and get beyond the scope of Twitter.

Just like in the offline world, you’ll find people with different styles of communication and different levels of people skills.

Mari Smith tweet

We don’t all have Mari Smith’s communication pizzazz.

But don’t let this deter you. You simply need to identify the communication styles used by the people you want to connect with and then join in.

Here are 8 different ways to begin networking on Twitter.

Read the entire article here.

HOW TO: Add Google Analytics to Your Facebook Fan Page

By Mariam John
Published March 24, 2010 on Michael Stelzner’s Social Media Examiner

social media how to

You’ve created a Facebook fan page and people are frequenting your page.  But do you really know how many people visit your page, what areas are popular and what parts of the world your visitors come from?

Facebook Insights shows some demographic information on your page, but is limited to information about interactions with your fans.  The free Google Analytics tool offers more sophisticated and comprehensive data.  Adding Google Analytics to your fan page can be done easily but requires some special steps.

One of the limitations of Facebook fan pages is they can only run limited JavaScript. Google Analytics needs JavaScript code included on a page to correctly track visitors in the traditional way.  And running JavaScript won’t work on your fan page…

However, there is a new solution.  Using free and opensource FBGAT (Facebook Google Analytics Tracker)you can get Google Analytics working on your Facebook fan pageNow you can track visitor statistics, traffic sources, visitor countries, and keyword searches with all the other powerful reporting of Google Analytics.

What follows are the instructions to set up Google Analytics tracker on your Facebook fan page. (Note: Your fan page must use an HTML application like static FBML for you to use this method.)

Read the entire article here:

5 New Studies Show Facebook a Marketing Powerhouse

By Amy Porterfield
Published March 15, 2010 on Michael Stelzner’s Social Media Examiner

social media research

When you hear that Facebook is yanking Yahoo from its ranks and inching up on Google’s traffic throne, you can’t help but pay attention.

And if you work for a business or own one, it’s likely thatsocial media marketing is on your radar.  More and more marketing dollars are beginning to shift toward social media marketing and this trend only continues to climb.

Here are 5 studies that show how Facebook is undoubtedly a leading online social contender and a key tool that is continually changing the landscape of online engagement and fan loyalty.

#1: Average American Spent 7 hours on Facebook in January

According to recent findings by Nielson Company, Facebook has officially become a favorite pastime for many (but we’ve known that for a while now!).  However, the findings are pretty astounding when you really break it down:

Read the entire article here.

4 Easy Ways to Engage Your Facebook Fans

by Leyl Master Black

This article was originally posted on MASHABLE.

Facebook Logo Image

Leyl Master Black is a Managing Director at Sparkpr, one of the world’s top independent PR agencies. Leyl has more than 15 years experience driving high-impact communications programs for emerging technology companies.

While more than three million businesses, brands and celebrities have created FacebookFacebook Pages, many are struggling to figure out how best to use them. Companies are finding that even when they keep their pages updated with fresh content, they still aren’t seeing steady growth in their fan base.

And yet there are many brands who’ve surpassed the one million fan mark, while their peers have languished in the thousands. What’s their secret? These companies have figured out how to move from “broadcast” mode into engagement. They have engaged people so well that their fans even invite others along for the ride.

Here are four ways that savvy Facebook marketers are using the medium to engage with their fans.


1. Ask Their Opinion


NBA Facebook Image

If you post something on your Facebook Page, you might generate a good number of comments. But if you post your content in the context of a question, you provide an easy call to action. With a question, you engage people’s egos and provoke viral distribution of your content — everyone loves to share their opinion!

At the DigiDay: Social conference this month, social media marketing application developer Fan Appzhighlighted an example of how a simple question can boost engagement. One of their customers — a leading video content provider with over 300,000 Facebook fans — routinely posts videos on their Facebook Page. The company found that when they paired videos with a question, video plays jumped by a whopping factor of 7 to 10. This simple yet effective strategy also generated 100 times more Facebook media impressions, as people posted videos to their walls in the context of their response to the question.

The NBA has also adopted this approach, issuing a steady stream of “Top Five” polls and other engaging content that has propelled the organization to top the two million fan mark, an unprecedented number for a sports league on the social networking site. The NBA routinely invites fans to rank their top five shooters, point guards and more. During the 2009-10 NBA season, their Fan Page generated nearly 500 million status update impressions and more than six million video views.


2. Test Their Knowledge


George Lopez Facebook Quiz

Consider testing people’s knowledge with a fun, relevant quiz, and even tying the results to a giveaway or promotion (more on that later). A clever quiz is not only entertaining, but also lengthens the time a user spends engaged with your brand.

One company embracing this approach is Molotov, a digital marketing agency whose clients include comedians such as George Lopez, David Spade and Jamie Kennedy. Molotov worked with George Lopez to create quizzes such as How Well Do You Know George Lopez? to push his fan base over the one million mark and drive viewership for his TV show.

In another Molotov program to promote a client’s new TV show, the company ran a series of quizzes about the celebrity in conjunction with a sweepstakes for signed merchandise. The quizzes were tests of knowledge about the comedian, his comedy, his routines, even about what happened on last week’s show. Giving people the opportunity to test their knowledge got them into a competitive mode and provided an additional incentive to share their results with friends. In the span of a little over a week, the campaign drove over 12 million brand impressions — and the premiere of the show was the highest rated show on the cable network for the year.


3. Pair Promotions with Content


NFL Facebook Quiz Image

While a contest or sweepstakes may get you some e-mail addresses, simply posting these on your page provides limited incentive to share with friends or even to participate. The way to boost participation is by tying the offer to content. People taking a brand-related quiz are great targets for your message. They may already have an affinity for the brand, so this is the best time to make them an offer.

In the example mentioned above, Molotov gave fans a chance to enter a sweepstakes to win signed merchandise — but the offer was made within the flow of the quiz. This strategy resulted in a 50% conversion rate. For every ten fans who tested their knowledge, five signed up to participate in the promotion, generating over 30,000 sign-ups for the weekly e-mail blast to promote the show.

The offer doesn’t even have to be big. Before the Super Bowl, the NFL ran a How Well Do You Know the NFL?quiz, with one lucky participant selected to receive a $50 gift card to NFLshop.com. Over 10,000 people took the quiz. If you estimate that each participant has 200 friends, that’s a possible two million impressions in the news feed with a relatively small giveaway.


4. Thank Your Fans


Giving your fans something of value — whether it’s as simple as a coupon, or as flashy as tickets to theTonight Show — is a great way to show that you appreciate their continued support.

But what about picking one fan at random to get something really special?

The NBA again shows that they are on the leading edge. This brilliant strategy taps some of their biggest stars to record personalized video clips thanking select fans. Here’s a picture of Shaq thanking fan #385. If you’re an NBA fan, you could be next!

Facebook NBA Image


Put These Ideas Into Action


You don’t have to be a major brand like the NBA to turn your Facebook Page into an engaging destination. Any business can take these ideas and get creative. A restaurant could pair a quiz about famous restaurant movie scenes with a $100 gift certificate sweepstakes, or a Ford dealership could run a poll gauging people’s reactions to the Toyota recall news and give away interest-free financing to one lucky winner. The trick is to think about what your users would be interested in, what’s trendy or fun, then try it out.

6 Powerful LinkedIn Marketing Tips for Small Businesses

By Naomi Trower
Published March 10, 2010 on Michael Stelzner’s Social Media Examiner

Let’s face it, LinkedIn is a very underutilized social media network. Most people believe that it’s too hard to make connections, and therefore use it more as a résumé site. There is so much more potential with this professional social media network.

How many of us have created a LinkedIn account and left it dormant for months?

It was my goal recently to attend more LinkedIn webinars and teleseminars to learn more about this mysterious network. I have often thought to myself, “I’m a professional. Why am I not utilizing this site?” I’ve even heard LinkedIn referred to as the “red-headed stepchild” of social media.

linkedin on blackberry

Here are some interesting facts that I learned about this often misunderstood network:

LinkedIn is a search engine and has a ton of authority on Google and other popular search engines.

Likely if you Google your name and you have a LinkedIn profile, it will show up on the first page of Google. This demonstrates the ranking authority of LinkedIn on Google.

Here are the top 6 things that I learned about this powerful network:

Read the complete article here.

10 Essential Social Media Tips for B2B Marketers

by Christina Warren

This article was originally posted on MASHABLE

The B2B Marketing series is supported by the MarketingProfs B2B Forum, where you’ll learn the ins-and-outs of social media as part of your overall B2B marketing mix. Register today!

*Additional reporting by Tamar Weinberg

When we write about how companies or individuals are using social media in their marketing strategies, it’s usually in the context of a business to consumer relationship. However, business-to-business (B2B) marketing is really getting a boost from social media as well. According to a recent study, 60% of B2B marketers plan to increase social media marketing spending this year.

As we discussed earlier this week in the context of PR professionals and social media, even non-B2B-centric services like Twitter and Facebook can still offer great opportunities for B2B shops. Sometimes, the approach is the same as it would be in non-B2B marketing, sometimes it can be very different.

Figuring out how to best implement and harness social media in the course of B2B marketing can be difficult but we’ve put together ten tips to help get you on the right track!


1. Use Twitter Effectively


This may seem like a no-brainer, but plenty of businesses and even B2B marketers aren’t on Twitter. Get an account on Twitter and start engaging. While having profiles on other social media platforms like Facebook and LinkedIn can be equally important, Twitter remains one of the best ways to find and engage with others.

How do you do that? Start by searching for phrases relevant to your business and by monitoring those searches regularly. Look at what people are saying and join in the conversation. If people aren’t necessarily looking for your business offerings right away, start joining other conversations of interest. The more you build bridges, the more likely you are to be noticed.

Second, use hashtags. The #B2B hashtag, for example, will connect you with several other like-minded businesses who are also trying to leverage Twitter to build an online presence. Don’t overdo it, though. There are some people #who #tweet #like #this.

We’ll discuss this in the next point, but consider Twitter to be an informal medium. With social media, businesses can (and should) be human again. That’s why it’s safe to use Twitter not just for pure self promotion but to build a meaningful relationships with those who you are likely to do business with you in the future. If you feel comfortable using your business Twitter feed to talk about what makes you tick (versus purely promoting your business), you might be pleasantly surprised to see that your audience might very well be receptive to that messaging.

What’s great about Twitter, especially from a B2B perspective, is that you can follow just about everyone. Take advantage of the opportunity to follow your industry influencers, connect with potential customers, and keep a heads up on the competition.

A great example of Twitter usage from a B2B perspective is @salesforce. Salesforce has used its Twitter feed to share relevant news, to empower current customers, and to offer customer support.

Read the rest of this article here.

What Do Coke, Pepsi, Pampers, Dominos, Google and Facebook Have in Common?

This article was originally published in HubSpot’s Inbound Marketing Blog

Are audiences more interested in understanding what the big brands are doing? Do we look up to Coke and Pepsi and other great brands for inspiration?

At HubSpot, we love to measure everything, and recently we completed a short study on how the use of brand name (including CokePepsiDominosGooglePampers,Facebook,etc.) in article titles had an impact on blog article performance.

The results were astounding.  Out of the approximately 100 articles published over a period of 50 days, just over 20% of them had major brand names in the title.

As you can see in the graph below, the articles that had a major brand name in the title generated 60% more page views on average than articles without them.

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Also, we published 6 articles with Google in the title, and on average they performed 50% better than articles without brand names in their titles.

Surprisingly, while the use of brand names appeared to have an impact on page views and readership, it had little or no impact on comments (or conversation) and what appears to be a negative impact on inbound links.  The brand name articles got 3 fewer inbound links on average than their counterparts.

blog article performance links comments

If you’re wondering why we used such a short time frame for the study, it’s because blog articles are like annuities. Over longer periods of time, articles continue to amass more and more page views, which would skew the study.  The top-performing articles in all groups were spread pretty evenly across the time frame used for the study!

Thoughts,  Observations and Takeaways

  • Timing Your Article Publication is Key — There was definitely a “news” factor to articles with brand names in their titles, and the timeliness of the publication coincided with the conversation about the brand on the Internet and in media.  (e.g. theDominos and Pepsi articles).
  • Visible Brands Serve as Case Studies — People and marketers in general love hearing what major brands are doing and how they are conducting their business.  A lot of companies like to emulate and learn from big brands.
  • Familiarity Has an Impact on Viral Effect — People become bigger “sneezers” (perSeth Godin’s idea virus) when it comes to bigger brands because they are more familiar with them and their products.

Have you noticed any interesting trends in how your blog articles perform?  Please share your thoughts in the comments by clicking here.

Photo credit: Nikita Kashner

8 Easy Twitter Monitoring Ideas

By Cindy King
Published March 8, 2010 on Michael Stelzner’s Social Media Examiner

You’ve likely heard stories about how big companies are using Twitter as a powerful listening tool.   And although Chris Brogan has been telling us to grow bigger ears for a while, what are you actually doing about it?

Do you want to improve your Twitter listening skills? Here’s a closer look at how to monitor your brand, yourself or your competitors using Twitter (and you don’t need to be a big business!).

Why Is Twitter an Ideal Listening Tool?

Here’s why Twitter is one of the best social media platforms for listening:

  • Real-time results. We’ve all heard examples of how breaking news spreads immediately on Twitter. Because of Twitter’s real-time search engine, you can get a quick pulse of public opinion.
  • Wide reach. Twitter is useful to many different types and sizes of businesses.
  • Direct feedback. You hear what people are saying as they say it.

With these points in mind, simply follow these guidelines to grow bionic listening ears.

Read the entire article here.

How Companies are Using Social Media to Make Better Decisions

Mat Fogarty is the Founder and CEO of Crowdcast, a leading provider of collective intelligence and prediction market solutions.  You can read more of Mat’s posts on the Crowdcastblog or follow @crowdcastinc.

This article appeared on MASHABLE.com on March 6, 2010.

business network image

Collaboration and crowdsourcing are the realities of today’s public Internet, and the trend is now gaining real traction in the workplace.  Smart companies increasingly understand that their richest source of insight, ideas, data, and information is within their own employees. They are the ones whose talent, work, and daily interactions with the product make the business what it is.

Just as so many of us look to the YelpYelp community to figure out where to make our dinner reservations, companies are increasingly looking to the employee crowd for the knowledge and insight to make better business decisions.


Enterprise Social Networks


salesforce chatter image

“If only HP knew what HP knows, we would be three times more productive.” – Lew Platt, Former CEO of HP

As the social enterprise builds momentum, the big question is: How will companies effectively tap the employee crowd to become more productive?

Enterprise social networks arm companies with social media functionality, allowing them to collaborate with their employees around up-to-the-minute information. Late last year, Salesforce stirred up some buzz around enterprise social networking with the announcement of its Chatter Collaboration Platform.  Currently in beta, Chatter aims to bring together elements of FacebookFacebookTwitterTwitter and other real-time services. By integrating profiles, feeds and groups across its platform, Salesforce offers its end users the same functionality they already use to share ideas and information on public social networks.

While social networking functionality excels at connecting teams around projects, information, and qualitative data, it falls short in its ability to drive quantitative, actionable insights — the holy grail for project managers and enterprise forecasting groups.


Prediction Markets


Prediction markets are all about tapping the crowd to source hard, unbiased quantitative metrics about the future of projects and business initiatives.  A prediction market works like a stock market of sorts, allowing employees to anonymously place “bets” on key forecasts: When will the product really ship? How much will we sell in Q1? Will our competitor enter the market in 2010? And so forth.

Business leaders rely on metrics and data to inform decisions around new products and opportunities, but traditional forecasting methods suffer from bias and lack of first-hand information. That’s why business forecasting is an ideal target for the application of crowd wisdom.  While bets are made anonymously, some prediction market software applications have built-in reward systems for accurate forecasters. And the accuracy of prediction markets over traditional forecasting methods is proven again and again.


Crowdsourcing the Next Big Idea


My Starbucks Idea Image

There’s a good chance that a company’s next big idea could be hidden within the people who are most engaged with its product and brand. More companies are turning to the crowd for ideas on all aspects of their business by creating online public forums. In 2008, Starbucks launched a major initiative to enhance their services with a website called My Starbucks Idea that polls members on decisions that would most directly impact them.

This kind of innovation sourcing applies to the enterprise as well.  Companies likeBrightidea and InnoCentive are helping their customers tap resources to inspire, gather, and manage ideas and innovation from within their employee ranks.


The Future


As collaborative technologies gain traction, the future of enterprise will include internal social networks, prediction markets, and idea management platforms.  In this vision, social networks will be the default location for a collaborative employee community. Think of it as a wide and deep pool of employee knowledge and ideas.

Prediction markets will then aggregate this knowledge to produce actionable, people-powered forecasts. The result is an ultra-rich information source that will lay the foundation for smarter, better-informed company decisions. We are already seeing the first movement towards this integrated vision with products like 12sprints from SAP.

The ability to manage and profit from employee knowledge through social networks, idea funnels, and prediction markets will be the defining competitive advantage for this decade.  Employees will have a voice and enterprises will truly leverage their most valuable assets.