
You don't need another reminder that we're working through a period of
slow economic growth and a jittery business climate. But amongst all
the doom and gloom, this stormy cloud comes with a silver lining for
people working in Online Marketing and Web Design which are
traditionally B2B consulting services.
Your
prospects and clients probably realise that when times get tough they
need to get creative and innovative with their products, their services
and, most importantly, their marketing. It's a time to invest in the
future and look inwardly at how you can improve, all so you can prepare
for the next boom.
Despite this fact, it's no secret that you're finding it harder to
close deals. But lets go back to basics: your pitching needs to begin
with education, and education begins with asking the right questions.
Here's some questions you should be asking your prospects to clinch
your deals:
1. What's In Your Marketing Inventory - Is it working for you?
One simple activity I like to do is pull out a spreadsheet and line up
all my advertising spending and how many leads each one is generating
for me. 'Leads' can range from anything to phone calls, inquiry forms,
direct emails, site registration for forum participation, leaving
comments - whoops, there's one problem - I don't actually know how many
customers I'm getting from all my offline advertising...
The
point is that print ads like classified ads in the local paper and
yellow pages ads are expensive and have declining reach and readership.
Most importantly, it's hard to measure how much business they generate
for you. This is not to say they're valueless - but contrast this with
an fully fledged online business. With concrete and clear metrics, you
know the exact ROI of your online marketing campaigns. Best of all, you
can optimize and redeploy online campaigns in a few hours - dollar for
dollar, online is where the smart money is.
2. People are staying home, and staying online more - what are you doing about it?
Tight belts and high gas prices mean people are spending a lot more
time at home in front of the TV and the computer. Where are they
hanging out online? Have a think about this - you need to be
advertising in their space, participating in their blogs and becoming
an authority in their forums.
For example, let's imagine you sell model train kits. You could be
sponsoring some train modelling blogs and forums in return for some
inexpensive and targeted advertising. These banners can link back to
pages on your website which could be designed to educate, sell and
encourage online community participation. All of which is 100%
measurable, so if it's not effective - just cut the spending.
3. What's your Freemium Strategy?
People love free stuff and they love it even more when they haven't got
much to spend. I'm not asking you to give away your products for free
but what about online 'cash' coupons or discounts that they have to
register on your website to receive? And once they've registered you'll
be able to market to these customers in a monthly e-newsletter. We all
have to move stock and attract new customers - so think about some
clever online marketing strategies to do it...
4. Have you Cleaned your House yet?
Back to basics once more - now's the time to be pushing business
branding and website makeovers. Is the website from 2003 looking a bit
tired? Does it match up with your bricks and mortar branding? Does your
customer service live up to your promises? Is your content up to date?
Are your landing pages and catalogs well laid out and easy to use? Lets
spring clean your whole online business 'house' and entice those
customers back.
5. You are the Online Business Hero.
Working in a B2B industry, you're going to get worried business owners
looking for advice and solutions to their problems. You can gain their
trust by giving your expert advice for free. And to your clients?
Well you can tell them that anybody can make a dime when times are
good. But true to the old saying, when times get tough...the tough get
going.
So ask them: What are you doing to toughen up your (online) business?