Michael Vorel, CEO of Vastplanet.com presents on Internet Marketing and Social Media for the International Business Summit in Tampa, Florida. Covers marketing 101, internet marketing, local marketing and social media trends that a business can use.
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Internet Marketing & Social Media | Michael Vorel | International Business Summit
1. Internet Marketing Workshop for Your BusinessInternational Business Summit, Tampa, Florida – March 11, 2010 Michael Vorel CEO, Vastplanet Corporation
11. Ask Yourself 4 Basic Questions What business are we in? Who are our customers? What do they want that we can provide? What information do they require? Resource credit : Relationship Marketing – Roger Parker Image credit : www.propeg.co.uk
12. 5 Marketing Goals Build strong bonds with customers by thanking them for their business. Find out more about your customers needs. Provide an incentive for additional purchases. Plant the seed for future business. Provide customers with tools they need to become your advocates. Image credit : askmissa.com Resource credit : Relationship Marketing – Roger Parker
13. Word of Mouth Marketing Give People a Reason to Talk About.. Be remarkable, repeatable, emotional Ask people to tell friends (talkers) No one leaves without something to share Create VIP programs (tools) Create fans Who excels at this? Ritz Carlton Maker’s Mark Apple Image credit : freshglue.com Resource credit : Word of Mouth Marketing – Andy Sernovitz
14. Let’s Go Local for a Moment My experience VIP guest club Email marketing Creating advocacy Being remarkable
18. Step 1 – Before Investing, Ask Who are our customers? What do they buy? Who is our competition? Why buy from us vs. them? How do we promote our products? How does our competition promote? Where do me make our money? With whom? Where do we not make money? What are we doing to attract new customers? What are we doing to keep current ones? Resource credit : Relationship Marketing – Roger Parker Image credit : curtharding.wordpress.com
19. Step 2 – Let’s Talk Numbers What is your total ad budget? How is it broken down? Traditional ads Newspaper, yellow page, magazine, radio Displays, brochures, trade shows, etc. Graphic design, printing, copy writing Web site & blog Now.. How much is spent on customer reinforcement? How.. Can you reallocate your budget to include internet marketing? Resource credit : Relationship Marketing – Roger Parker Image credit : thedigeratilife.com
20. Step 3 – Let’s Talk Resources Who handles your marketing? How much time is spent on it? Who follows up on prospects? How much time is spent prospecting? What employees might be able to help? Have you considered outsourcing? Resource credit : Relationship Marketing – Roger Parker Image credit : thebrandunion.co.za
21. Step 4 – Let’s talk Sales Do you know who your… Prospects are? Customers are? Do you keep a database of them? Are you collecting emails? Do you know sales by customer? Would your customers respond to a… Personalized email or generic one Tip: Always include a call to action! Resource credit : Effective Marketing – Peter Hingston Image credit: lpt.com.au
22. Step 5 – Let’s Talk Conversion What incentives can you use to encourage people to buy? What additional products or services can be added? Do you have time sensitive or seasonal products? What are higher margin products? How can you use the Internet to reduce overhead? What can you bundle? Can you make it easier to buy? i.e. Free parking, gift wrap, etc. Can you capture email, birthdays, other for personalized targeting? Resource credit : Relationship Marketing – Roger Parker