Search Influence CEO Will Scott presented "Expand Your Share of Wallet Go Digital!" to PAGE Cooperative members on August 28, 2013. Scott discussed how the opportunity for digital solutions is increasing and how newspapers should implement these solutions to their advertising platforms in order to remain relevant in their industries. He explained best practices for search engine optimization (SEO) on and off of an advertisers’ website and how to leverage social media outlets to make these advertisers more visible in their desired markets, which will allow for better engagement and relationships with their advertisers while promoting brand awareness among consumers. Scott also explained the process of how to sell digital and incorporate it into a newspaper’s sales program.
What this chart from Borrell shows is the newspaper ad spending trend vs. the digital ad spending trend. And for as much as print has declined, that decline is expected to flatten over the next few years- its still a very viable product that generates results. This year, Borrell projects that digital ad spend will outpace newspaper spend and hence the push for everyone to invest in all the different options and platforms.
Is it large or small?
You are the big dog in your market. (Clifford)
You are the source that is everything local to them. You’ve been providing them ads for as long as they can remember
And…your brand is distinctive in the market. They would choose you over competition over and over again
You’ve consistently fed them new customers/leads, right? This is why they come back to you for their advertising needs, if you didn’t work, they wouldn’t work with you.
You may be giving advertisers everything you think they want, but are you giving them what they need? When your reps meet with them to discuss their ad selection this month, will they be asking where the rest of their advertising budget goes?
Don’t you want that extra share of wallet?
As the Advertiser needs change it’s your role to grow & evolve with them. If you are intuitively meeting their needs currently? The data says your advertisers NEED digital, are you listening to them?
Your competition is gaining traction on you & broadening their market share, the opportunity is there for you…will you take advantage of it or will you be left out?
There is market exhaust, your Advertisers are hearing about these products and don’t know where to turn The average local business gets 4-5 sales calls / week Many advertisers are budget sensitive But some aren’t Budgets: From less than $3,000 / year up to greater than $3,000 / month Advertisers know they need it Solutions must be easy to sell Solutions must have an easy upgrade path
Are you positioning yourself as the local expert who will provide solutions to help your advertisers grow? (you do this already)
Can you sell it like traditional advertising? Can you build it in house? Building it: Need experienced digital talent Must invest to build to scale Must be ready to adapt to change Investment to build team: $200,000 - $5 million
Will digital be a value added product to your core?
Will you bundle or a la carte these solutions? To bundle or not to bundle
On-site training 2 half days of training Webinar training Continuing education In-market seminars 4-legged sales calls Field Training
Your market precipitates what solutions are ideal for your advertisers, if you give them (and the sales reps) too much it becomes even more confusing. We train your team to be expert consultative sellers to come up with guided recommendations for your markets
If you can’t answer this…
you should keep this quote in mind…
Easy way to stay relevant in a digital world Because everyone is doing it… If you don’t you will be left out. Build new business and appeal to existing advertisers too Wider Reach Sell to more advertisers Recurring Revenue Give the people what they want Good margins
Pay attention to the next slides and I will tell you how
What is SEO? Organic Vs. Paid Vs. Local Organic Results are found on the Left hand side of the Page Local also known as Maps results Integrated - hybrid of Local and Organic Paid Search, Results on the right side of the page and in the yellow box above Organic Through on site and off site techniques, we improve the rankings of your site.
Why is SEO Important? The organic results are more trusted by search engine users. The numbers prove this to be true: 60 - 80% of searchers click on organic results 90% do not leave page one Some studies show it as high as 97%
For
Consistency is key. NAP is local Search fingerprint
The title tag ALONE has moved sites from nowhere to page 1.
Writing keyword rich & optimized content
OFFSITE Press releases are a great way to attain quality links offsite
Update? – Choose another case study?
What is Social Media? I’d like to reset your thinking on “what is Social Media” Social Media is a vehicle for content. Whether it’s an update shared by you or me, or a photo, video or link, we’re all there to produce and interact with content. Hopefully, your customers will cast their content on the waters and it will come back to them multiplied.
Why should an SMB include social media in their marketing strategy? It’s everywhere It’s how people spend their time online Facebook is among the most visited websites in the country, second only to Google, Yahoo and Microsoft sites.
Why should an SMB include social media in their marketing strategy? It’s everywhere It’s how people spend their time online Facebook is among the most visited websites in the country, second only to Google, Yahoo and Microsoft sites.
Many SMBs join social media with the objective of acquiring new customers. In this BIAKelsey survey, ~42% of respondents said this was their primary purpose. Many of those same SMBs end up feeling dejected after spending money to market themselves on social media without seeing a return by way of leads. Remember that social media is a place to engage with customers and potential customers and build brand awareness. When done right, social media can be a great avenue for new leads, but the primary objective should always be building brand awareness (or else you may end up with an unhappy customer). Look for a meme to insert inbetween here… something about brand ambassadors or engagement (see: blog post in drafts)
Sometimes however, you have to buy the love. And the great news is that Facebook now has easier to use tools to help you do that.
Affinity
Page, Content or Event
New Facebook Rule – no more than 20% of image can be text
40% of SMB’s plan digital spending hike for 2013
Pay attention to the next slides and I will tell you how
Give them what they NEED
Listen & let them tell you what they need
Don’t be afraid of change – your evolution will make you most relevant!
They will be loyal to you forever.
19 Account Managers Blue – Google Analytics Certified Yellow – Google AdWords Certified
2 Paid Online Advertising Blue – Google Analytics Certified Yellow – Google AdWords Certified
8 Employees Blue – Google Analytics Certified (Amy)
17 employees 55 in-house employees
9 employees Blue – Google Analytics Certified (Leigh) Yellow – Google AdWords Certified