My Boss Thinks I'm a Twit

by Steve Fodor

Whenever I mention Twitter as a marketing venue, my boss does a little smirk and I sense apprehension on his part.

I really can’t disagree with that sense of apprehension because I share it myself. Over the brief course of the last six months or so, here’s a small sampling of what I’ve read and heard regarding Twitter as a marketing tool:

“Twitter has jumped from early adopter oddity to mainstream sensation.”

“Twitter is fast becoming a go-to tactic for business-to-business and business-to-consumer marketers.”

“As of February 2009, there are over 7 million users on Twitter, an increase of over 1,300% from a year before.”

“Over 60% of new Twitter users will drop out and cease participation in 30 days.”

What’s the verdict? I’ll give you a very definite “maybe” at this point. It’s still being defined. Some use it as a research tool. I’ve heard of some “Tweeting” at trade shows, saying “what’s going on in our booth.” Some companies let customer service representatives interact with customers via Twitter, creating new avenues for relationship building. It’s “speculative” at best to measure viewership with Twitter. And it does not tie in with search engine optimization programs as do blogging and keyword search strategies.

I’m not dismissing Twitter (hey, my cat has over 200 followers). How we use all new social media is evolving. How we define these new mediums as marketing tools is limited only to our creativity. The possibilities are endless and, I’m sure, will become even more defined and measureable over time. So keep your eyes, ears and Twitter accounts open and see what evolves over the next six months.
Flickr Photo Credit: http://www.flickr.com/photos/scobleizer/

Generating Sales Leads In A New World

by Steve Fodor

I’ve been in business-to-business sales for about 20 years. Recently, I’ve heard and read a lot of information about cold calling as an ineffective lead generation technique.

Given that I started my sales career before voice mail, the Internet, e-mail and social media, I’ve felt that anyone saying “cold calling does not work” was just lazy. It’s hard to pick up the phone and make a 30-second pitch to someone that doesn’t know you.

Lately, though, I’ve become a convert. But let me be clear. Picking up the phone still has its place. There are just so many NEW ways to generate leads.

Even if you live in the world of industrial products and business-to-business selling, here are a few thoughts on lead generation for today’s selling environment.

1. Don’t leave voice mail if you’ve not had a prior conversation – voice mail is mostly a screening tool today. If you can’t reach that person, send them a handwritten note saying you would like to get in touch. Put your Web site on the note. Then call. Now you have something specific to call about. And, a handwritten note gets noticed in today’s e-mail world.

2. Put your sales people on YouTube – If you have a national sales force, think about the presence you could make for your brand if you had all of them on YouTube with well-produced, two-minute videos of why they enjoy selling your product and working with customers. Google and other search engines are the way people find information today. And a strong YouTube presence with the right keywords will increase your brand’s search rate. And don’t forget LinkedIn, Facebook and other popular social media venues.

3. White papers instead of collateral – Sales used to be “here’s my brochure” or “I’ll drop a brochure off.” The world continues to evolve and industrial buyers and decision makers cite that white papers and case histories are far more valuable in making decisions than the good old brochure. Think about creating white papers for your products and services. Put them on your Web site. Announce their presence with push e-mails and search engine optimization strategies. Have your sales people use white papers as “send me something” pieces instead of brochures.

4. Blogging – Again, the Internet continues to replace the phone as a sales tool. Your sales force is an incredibly valuable information asset. Counsel them on how to use blogging as a marketing and sales tool. Set them up with individual blog destinations. Not only will this aid in prospects finding you through online searches, but your sales people will be seen as valued information providers rather than commodity product purveyors.

Yes, sales and sales lead generation techniques have evolved and continue to do so. Hey, I’m an old-school person, too. But there sure are a lot more new and effective ways for generating sales leads today…in addition to good old-fashioned cold-calling.

Flickr Photo Credit: http://www.flickr.com/photos/markhillary/

Social Media -- Is It Time To Go "All In"?

by Brad Smith

Yep, I’m a poker player. My auto license plate reads PKRCHPS.

One of the most powerful plays in Texas Hold’em is the all-in move. It’s also one of the most dangerous. If you’re right, or lucky, you get to play on with more chips…more money. If you lose, you go home. Sometimes when you go for broke, that’s exactly what you achieve.

So is it a gamble to participate in the new social media?

FaceBook. LinkedIn. Twitter. Blogging. YouTube. Etc. Should you be there? Should your clients?

I view these as tools. Valuable tools that can connect you with prospects and drive increased traffic to your Web site.

But they are not the panacea or the answer to everyone’s marketing dreams. They should not receive 100% of your attention or your budget. Social media is not the silver bullet, but should be viewed as one of the many bullets in your marketing communications arsenal.

Like I said, I’m a poker player. That doesn’t mean I’m a gambler. I like poker because it’s a game where you assess and calculate the risks you take. If your chances of winning are too slim, or the rewards aren’t great enough (we call this “pot odds”), then you don’t gamble, you fold. If the potential rewards are in sight, you make an appropriate bet.

So place a bet on social media. But don’t go all in.

Flickr Photo Credit: http://www.flickr.com/photos/chaps/