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By Julie Storer,

Jim Stengel’s post-corporate pivot was working with companies to discover and act on their purpose. His next move? Helping them measure how purpose pays.

The idea that brand purpose is key to a company’s success is one Jim Stengel, president and CEO of The Jim Stengel Company, has been talking about for more than 10 years. He focused a consumer products business on it. He researched it, wrote a book about it, and even built a company around the concept. But measuring that connection to business outcomes has always been the end goal.

“Many companies are doing a great job at finding a purpose and bringing it to life, activating it, engaging their employees, and attracting customers,” Stengel says. “What’s missing is the link between purpose activation and the bottom line.”

As companies invest energy, time, and hard dollars in defining their brand purpose and building customer experiences to deliver it, that missing measurement becomes more evident. “The challenge marketers have with assessing purpose is just lack of data,” Stengel says. “We need to find a quant model to show the impact of purpose on business results.”

Stengel’s company is working with BERA and its brand equity assessment platform to develop such a model, demonstrating how purpose is connected to revenue and other important business metrics. He maintains that measuring business outcomes will keep purpose core to business operations. “It has to be valued by leadership, starting with the CEO and the people who report to the CEO,” he says. “They need to believe it will lead to better results.”

By Julie Storer,

writer, Deloitte Insights for CMOs

Sourced from The Wall Street Journal

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What do design thinking, user experience, customer experience and employee experience have in common? They are all focused on empathy, learning how a person’s experience with a business, product, service or employer can be improved.

Empathy is used in design thinking, UX, CX and EX to provide a better journey — that is, to improve and personalize the touch points that a person has with a business, product, service or employee. Empathy can be a potent tool in the business toolbox, and can enhance products, services and businesses.

2019 report from BusinessSolver showed that 82% of employees would consider quitting their job for a more empathetic employer. More than three-quarters (78%) also said they would be willing to work longer hours for a more empathetic organization. In a report from Ipsos on behalf of PepsiCo Beverages North America, results showed that nine out of 10 consumers in the United States feel it is critical that brands show empathy and take measurable action if they want continued loyalty and support. Clearly, empathy is a core business value in 2020 and should be part of the corporate social responsibilities of socially responsible — and successful — businesses.

Defining Design Thinking, UX, CX and EX

Design thinking is about understanding the needs, emotions, motivations and drivers of behaviors of customers and employees. Since design thinking is about empathy for another person’s experience, it’s applicable for both employee experience and customer experience strategies, as well as user experience programs.

According to Brian Spain, consultant for InTouch Solutions, design thinking is a way to introduce people to “thinking, concepts, or products and services through a lens that respects the perspective of the audience and works to incorporate audience feedback.” Spain starts by “gathering facts and observations and looking at a problem, or opportunity from a contextual perspective, before drilling down into details.” He then begins the process of “interviewing your audience (individuals, or small groups) to clarify assumptions and present them with very rough conceptual approaches, offerings or ways you would interact with them in order to gain their feedback in a back-and-forth way.” At that point, Spain said it’s time to refine “concepts or proposed interactions before more time is spent developing a complete finished product, service or experience.” Design thinking is an iterative process that never really ends as it leads to further refinements, adjustments and changes as additional feedback is gathered and analyzed.

User experience (UX) design is the process in which a product or service comes together — everything from acquiring and integrating the product or service, including branding, the design itself, usability and functionality. It revolves around the experience of the end user, what their expectations are, how they will use the product or service, how it feels to them when they actually get their hands on the product or service — every aspect of their journey.

Husam Machlovi, CEO of With Pulp, a user experience design and development studio, said UX design is “an ongoing process that aims at making better solutions for people. It starts with good listening skills.” The user’s journey is the key to the design process and “it’s important to understand what the stakeholder is trying to get done, what their frustrations are with the current method of doing things and what’s working well. This is the case for any stakeholder, whether it’s an employee, customer or user.” As with design thinking, the process never ends because it can always be improved. “Once a solution is shared with stakeholders, design managers should observe and go through the listening process again,” Machlovi said. “And then form a new hypothesis. And so on and so forth.”

Customer experience (CX) is the king of the buzzwords right now because we live in a customer-centric world. CX starts when a prospective customer realizes they have a need that must be filled, continues through the period where they are searching for a solution, on through the decision to use a specific business, the purchasing process and on to the phase after which they have purchased and used the product, service or solution. They will either end their journey or hopefully continuing being a loyal customer. CX strategies may include the use of a customer data platform (CDP), a voice of the customer (VoC) campaign, as well as the use of extraneous data from email, reviews, feedback and word of mouth.

Alyssa Jarrett, director of brand and content marketing at Iterable, said her company learned that “we must strive to learn what our customers want from us — what can we provide them that they cannot get on their own at this very moment? Asking this question helps better empathize with your customers’ experiences and distill the message that serves them best.”

Jarrett said it’s important to let customers know that the business understands and aligns with their values. “Each of our customers is set upon their own unique journey,” she said. “It’s the marketer’s role to support them from touchpoint to touchpoint — as if we’re doing it together. This comes from communicating in supportive ways that demonstrate ‘we get it.’” She points to Penzey’s Spices as an example. The company infuses marketing messages with viewpoints on social and political issues, calling out political leaders or inviting customers to buy and donate spice kits to those in need.

Employee experience (EX) is the journey employees undertake during their time with a business. It begins with the pre-screening process then the hiring and onboarding process, continues through training, the daily experience at work, on through promotions, and on to their last days with the business. Happy employees equate to happy customers so businesses that focus on EX tend to do better with CX as well. Employee feedback is crucial as are voice of the employee (VoE) campaigns, both of which provide insights to improve the employee journey.

Coonoor Behal, design thinking expert, founder and CEO of Mindhatch, said businesses should think of their employees as they do their clients. “There’s always a kind of primary and secondary customer,” she said. “You have to serve your primary customer, like the people buying your service. You also need to design for your secondary customer, which is your employees.” Much like design thinking, EX is about learning to empathize with the drivers of the behaviors, needs and emotions of employees. Behal suggested companies “take a human-centered approach to actually understanding your employees and their needs and their wants and their challenges.”

How Does Empathy Differ From Sympathy?

Empathy involves seeing another person’s situation from that person’s perspective and sharing that person’s emotions and distress. This involves, literally imagining oneself as that person in the exact situation the person is currently going through. From a business perspective, being able to feel empathy for your customers and employees provides leaders with actionable insights that enhance products, services or solutions as well as the lives of customers and employees.

Sympathy, on the other hand, is used to convey compassion, pity, concern, care, commiseration or feelings of sorrow for someone experiencing something bad. In other words, while you might feel bad for the person, you don’t know what it is like to be in their shoes.

Saleema Vellani, innovation strategist for World Bank Group and adjunct professor of design thinking at Johns Hopkins University, said not understanding the difference between sympathy and empathy can cause serious problems for CX and EX teams. “Sometimes when we’re trying to practice empathy, we’re actually mistakenly practicing sympathy,” she said. “And even though these words have different meanings, a lot of teams are actually incorrectly using sympathy and empathy.” Teams often make the mistake of thinking they are synonymous and “that confusion actually leads to a huge gap in addressing real human needs.”

With design thinking, UX, CX and EX, it is not enough to have sympathy. To be able to improve the customer and employee journey, a leader must be able to put themselves in the mind of each person, whether they are a customer, end-user or employee. For example, they must be able to imagine how it feels for a new employee to start a job but not be able to fulfill their new tasks because of a week-long delay between when HR hired them and IT set them up with access to the required software or tools. Or a customer who has filled out a form on a business website and completed the credit card information, only to be directed back to the shopping cart because one of the items in their cart was out of stock and they have to re-enter their information all over again.

These are the types of intersection points or pain points in the employee and customer journey that require empathy. Each time a leader can place themselves in the shoes of a customer, user or employee, especially during one of the pain points in the journey, they can take action to improve that journey.

Vellani teaches her clients that design thinking is about increasing the connection between leaders and the people they serve through connection. The goal “is to move to compassion. So empathy is a step up from sympathy. You’re just stating, ‘hey, I feel for you’ or ‘I hear you’, which is a step up from pity, which is like, ‘I’m sorry for you.’ Sympathy is more like ‘I feel for you.’ You’re acknowledging the suffering of others, but you’re not actually trying to feel what the other person is feeling. Empathy is more like ‘I feel with you.'”

“More than anything, it’s about relationships and being able to develop authentic human connections between our business and our customers in our community,” she said.

Vellani said design thinking can’t happen without empathy and that empathy begins with self-awareness. “This is where design thinking and innovation can be very much about output and empathy is part of the process. It’s somewhere between input and output because you’re trying to understand your user and you’re trying to know your audience. But it’s not just about trying to understand your audience — it really starts with knowing who you are … it’s about developing the capacity to have empathy.”

Empathy Mapping for Better Understanding

The definition of an empathy map, as defined by the Nielsen Norman Group, a UX research group, is “a collaborative visualization used to articulate what we know about a particular type of user.”

“Understanding people and their motivations is key to any customer experience,” said Adeline Heymann, associate VP of loyalty experience strategy at Kobie. “You need to uncover motivations and unmet needs to inform a human-centered design that grows loyalty. Empathy mapping is a key design thinking tool to that end, allowing you to visualize and understand the end-user. It can be foundational to leveraging UX, CX and EX to better serve your customers.”

To create a better journey for users, customers and employees, it is vital to empathize with them through each touchpoint. Heymann said “UX, CX and EX all aim to create frictionless, integrated journeys for the end-user which will ultimately build loyalty over time. They’re all based on holistic interactions and experiences with not only the company or product but also external forces like people and environment, which is particularly important as the goal is to determine which parts of the experience you can optimize to drive loyalty.”

The empathy map is broken down into four areas which are largely based on the two types of empathy — cognitive empathy and emotional empathy. Cognitive empathy is derived from acknowledging that a person is acting or feeling the way they do for reasons that are logical to them, while emotional empathy is more about feeling what a person feels for the reasons they feel that way. The four areas covered by an empathy map are:

  • What a user says.
  • What a user thinks.
  • What a user does.
  • What a user feels.

What a user says is collected from user feedback, sales calls, interviews and usability studies. It might go something like this: “I continue to use Amazon.com because they always direct me quickly to the product I am looking for.”

What a user thinks requires empathy with the user, customer or employee and seeks to determine what a person may be thinking when they encounter a problem, stumbling block or bottleneck. It would look something like this: “I have tried to add this item to my shopping cart three times but it is not appearing there when I check. Am I missing something?”

What a user does is easier to figure out because data that is collected during their experience shows what they have done. It might be something like this: “searches multiple times while trying to find a specific product” or “adds several items to the shopping cart, then abandons the cart before checking out.”

What a user feels is more of an emotional breakdown of their experience and also requires empathy and imagination. It may go something like this: “irritated: could not find what they were looking for” or “satisfied: they were directed immediately to the category of products they were looking for.”

An empathy map cannot be created without first knowing what the user, customer, or employee feels strongly about and identifying the user, customer or employee touchpoints or pain points. But once created, it can be a valuable tool to understanding the needs, requirements and areas that can be improved in the user, customer or employee journey.

Related Article: Use Design Thinking to Put Yourself in Your Customers’ Shoes

Knowing the Customer as a Person

Bernard May, CEO of National Positions, an internet marketing firm, said “empathy really comes down to doing the right thing for everyone involved — our customers, prospects, and our team. It is the difference between ‘what works’ and ‘what matters.’ There may be a million ways to create something that ‘works,’ but it takes far more diligence and perspective to develop and implement something that truly ‘matters’ when it comes to the brand experience.”

There is a natural order among the practices, May said, and “when it comes to the relationship between CX, EX and UX, the overall experience comes from the order in which they are considered and implemented.”

Part of the EX is going to stem from the CX — one is going to contribute to the other. May said to begin with the experience a business wants the customer to have.

“If this is e-commerce, you may want a streamlined experience so customers can easily find and purchase your product. For SaaS brands, you may want customers to realize the value your service offers, so your solution can be implemented in record time,” May said.

The experience you want customers to have is going to fuel the user experience you create within your processes. From there, turn to the employee experience. “Employees want to feel connected and invested in your brand message, offering, goals, and overall values, which need to be considered in the content you create — to breathe life into your user experience,” May said.

By creating a positive experience for users and customers, employees will have a hands-down more positive experience themselves. “Your employees are going to feel the effect of the user experience you create, positive or negative,” he said. “So even the longevity and sustainability of your employees are going to be a factor when building and improving the customer and user experience. They are interconnected, but at the end of the day, the CX (strategy) needs to come first so that everything else can be built to support and bring this experience to fruition.”

The bottom line is learning how people feel about the products they use, the experiences they have with a business, and the experiences they have as employees allows leaders to gain actionable insights to improve the journeys of the human beings that interact with their businesses. Empathy can improve customer and employee loyalty, create a greater level of personal satisfaction and contribute positively to ROI.

“Business has always been and will always be based on relationships between humans,” Vellani said. “And no matter how advanced we get with technology, skills like empathy are only going to increase in value.”

Feature Image Credit: DENYS NEVOZHAI ON UNSPLASH.

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Sourced from CMS WiRE

BY HASINA KHATIB

With the ability to create content from home and motivate purchase decisions, here’s how independent content creators have served as an asset for brands during the lockdown.

It would be an understatement to declare 2020 a year unlike any other. The onset of the global health crisis threw the conveyor belt of marketing into disarray, with conventional press conferences, glitzy launch events and other hype-building activities stalled. However, even as the red carpet was being rolled back, online influencers went on with their work, lending further heft to the notion that the future is digital. While new product launches were stymied by the absence of glossy product photoshoots, at-home content creators carried on unabated. Conditioned by years of putting in the elbow grease to set up tripods and camera lights, this tribe continued to mobilise purchase decisions from within the comfort of their bedroom duvets.

As the beauty industry adjusts to the new normal, all eyes are now on influencer marketing. With multiple restrictions on social movement still in place, brands will now have to revisit the drawing board to devise virtual activations that can bank on creators’ cult-like following to clock in sales. We spoke to some of the key stakeholders in the industry to understand what the road ahead looks like, and here’s what we learned.

How beauty brands are meeting influencers in the virtual world

“I have had to spend a lot more time putting out fires rather than designing since the lockdown started,” says Masaba Gupta. The multi-hyphenate designer launched her beauty brand in conjunction with Nykaa last year, and recently celebrated the launch of a new range of perfumes, Moi by Nykaa, virtually. The launch couldn’t have been more different from the debut of the Lips and Tips collection last year, when friends of the brand swatched the new products over music and hors d’oeuvres while dressed in the designer’s signature prints. Fast forward to a year later, and the gallantry has now been swapped for an intimate roundtable conducted over a video call—open conversation, candid thoughts and shared sentiments abound instead. “Times change, and a part of being a successful business owner is changing with these times. Initially, we were a bit sceptical about having a digital launch, especially because it was a perfume, and people would obviously prefer to smell it before buying it. But this lockdown has opened up avenues of virtual soft launches and more extensive digital marketing strategies, which are low-cost and sustainable,” she says.

Freed from the formalities of on-ground events, influencers are welcoming the change of pace. Luxury content creator Natasha Luthra, who attended the virtual launch, believes that the online experience measures up to the physical events she has attended in the past. “As much as I miss attending events, I enjoyed the fact that I could sit on my bed in pyjamas for the online launch,” she says. Actor and presenter Roshni Chopra, who recently attended an educational series with Estée Lauder on skincare routines, believes that an online session allows for a more streamlined exchange of information. “While physical events have a great energy about them, the virtual event had its own relaxed and focused vibe.”

Why it’s essential for brands to build a strong network of influencers

With many sold-out launches attributed to their ability to swing followers, there is no questioning the power that influencers can wield over a company’s bottomline. A recent study offers further proof, with 82 per cent respondents admitting to purchasing or considering to purchase a product or service after seeing influencers post about it. The secret ingredient isn’t love—it is trust, opine the current generation of bloggers. Numbed by the steady drip of #sponcon or sponsored content over the years, the internet user of today can ID a paid post with a blindfold on. Authenticity, thus, assumes the driver’s seat in motivating product sales, and beauty blogger Aanam Chashmawala agrees. “The reason why consumers find influencers more trustworthy is that they can truly gauge how reliable their source is. Since I don’t edit my photos too much, I believe my audience relates to me because I’m the same person on my Instagram stories as I am on my feed. This connection is what makes the difference and results in great ROI for the brands I eventually work with,” she explains.

The pandemic has helped further bridge the gap between influencers and their audience. With an unprecedented lockdown in place, for the first time in forever, those doing the influencing and those being influenced were living the same life. Chopra believes that the lockdown has levelled the playing field for all content creators. “The pandemic has forced everyone to dig deep into our own creativity and make do with less. Now, it’s not about ‘follow me because my life is amazing’, but because I’m figuring how to make the best of the circumstances. It’s no longer about unattainable travel or luxury, but the conversations are instead moving in a healthier direction keeping a social conscience in mind.” Beauty influencer Saachi Bhasin Daga confirms that she has reconfigured her content strategy accordingly as well. “I do polls with my followers, take into consideration what they would like to see during these difficult times and integrate that into my content instead,” she says.

Why influencers have been able to adapt their content strategy better than anyone else

With commercial photoshoots put on hold, the spotlight was taken by content creators who have for years been creating content on their own—from unfolding hefty tripods to spending hours hunched over video editing software. Luthra reiterates that they have been prepared for this all along. “We are only now realising that we have been prepared for this eventuality because we have been shooting and recording content on our own for years now,” she says. New Delhi-based brand consultant Rasna Bhasin further elaborates, “Influencers and bloggers aren’t used to big sets and entourages to shoot with. I have always been amazed at the amount of content this community can churn out within a minuscule turnaround time and with limited resources.”

The latter might even serve as an edge over their celebrity counterparts. She agrees that both have their merits. “While a celebrity ambassador can serve as the face of the brand and reach an extremely large audience with their fanbase, I have always believed that micro-influencers are the ones who really drive consumers to make the sale. Celebrities are people you always look up to, while influencers are like that well-informed friend with intimate knowledge about a certain product. They’re more accessible, not bound by hard contracts and can give an honest view of what works or doesn’t. This makes it easy for the consumer to relate to them and trust their word on what to buy,” she surmises.

What the road ahead looks like for the beauty industry

While the business has witnessed a few speed bumps along the way, the key stakeholders in the industry unanimously agree that all eyes will be on the virtual-verse. Reena Chhabra, CEO of Nykaa Brands, foresees a mix of both traditional and digital activities paving the way forward. She says, “Creating consistent relationships with your core customers gives the business a definite competitive edge, thereby serving as an impetus to the bottomline. There are many innovative ways to achieve this emotional connection—however, storytelling is one of the strongest marketing tools for communicating the brand message, and evoking emotions is precisely the role that influencers play today. Through content creators and their followers, we also get an opportunity to listen to their feedback, which we have always taken seriously when working on our product portfolio.”

Gupta echoes the sentiment and says, “Where there’s a challenge, there’s also an opportunity. People are getting more comfortable with witnessing a launch digitally as opposed to getting stuck in a car due to traffic. We must push towards digital storytelling, where our communication is more conversational as opposed to a conventional product launch.” And for beauty brands looking to not just survive, but thrive in the revised pecking order, constructing a strong network of influencers will get half the job done.

BY HASINA KHATIB

Sourced from VOGUE

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Want to partner with influencers and brands to create content on Instagram? Wondering how to best manage and assess your influencer marketing campaigns on Instagram?

In this article, you’ll learn the difference between branded content and sponsored posts, how to manage and analyze the partnerships with brands or creators you work with, and how to tag a business partner in an Instagram post and Instagram Stories post. You’ll also discover a tool to help you find potential creators to partner with.

How to Tag and Manage Instagram Branded Content by Jenn Herman on Social Media Examiner.

To learn how to tag and manage Instagram branded content, read the article below for an easy-to-follow walkthrough or watch this video:

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What Is Instagram Branded Content?

Branded content is when a creator or publisher posts content and discloses that they’ve received compensation for that post. This disclosure in branded content isn’t optional. FTC regulations require you to disclose if you’re promoting content that you’ve been compensated for in some way.

Instagram branded content isn’t an ad, though; sponsored posts are what you see when it’s ad content. Branded content or a paid partnership just means that the person creating the content received some sort of financial support.

example of Instagram Stories branded content

Click HERE to read the remainder of the article.

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Sourced from Social Media Examiner

By Chris Ward

COVID-19 has forced many brands to deliver years-long transformation programmes in the space of  a few weeks.

It’s been well-documented how quickly many brands have had to accelerate certain aspects of their digital transformation plans as a result of the coronavirus pandemic.

But according to the Covid-19 Digital Engagement Reportthe speed at which some companies have had to push forward their digital agendas has been extraordinary.

Surveying 2,000+ customer experience, marketing, operations and IT professionals, Twilio found that brands had had to accelerate their customer communications transformation strategies by an average of 6.1 years.

27% of respondents said COVID-19 had fast tracked their transformation plans by between 5-9 years. Astonishingly, 19% said it had pushed things forward by between 10-14 years.

Twilio

Source: Covid-19 Digital Engagement Report

Omnichannel focus

Twilio’s study revealed a number of other surprising statistics, no less that COVID-19 had led to numerous barriers to digital transformation being broken down.

The top barrier was ‘getting executive approval’, which 37% of respondents said had been broken down as a result of coronavirus; this was followed by a ‘lack of clear strategy’ at 37% and a ‘reluctance to replace legacy software, at 35%.

Insufficient budget had also been a key factor for 34%, prior to the coronavirus crisis.

As well as breaking down barriers, COVID-19 has also propelled brands’ omnichannel communications strategies. 54% of brands have increased their focus on omnichannel communications, with 53% adding new communication channels since the start of global lockdowns in March, and 52% ‘speeding up their digital communications strategies’.

“Over the last few months, we’ve seen years-long digital transformation roadmaps compressed into days and weeks in order to adapt to the new normal as a result of COVID-19,” said Glenn Weinstein, chief customer officer at Twilio, responding to the findings.

“This has affected everything from the ways in which businesses talk to their customers, to how their workplaces function. We’re seeing how digital technologies are being used to completely reimagine the business landscape.  Communications technology is at the heart of this transition to a flexible remote working model for employees, and a seamless, digital customer experience for businesses at large.”

Behaviour changes

According to Contact Babel research in June, 51% of contact centres have reported an increase in email use, with 47% reporting increases in webchats and 37% report an increase in social media use.

Zendesk research also highlights that customer support tickets have seen a huge surge in usage on messaging channels such as WhatsApp, which has increased 148% since late February.

Despite the huge jump in consumers wanting to communicate with brands, they still expect a human response, further complicating brands’ communication strategies.

Sitel’s recent survey and report, COVID-19: The CX Impact, revealed that 87% of consumers want to connect with a human to resolve critical issues, despite having a preference for resolving problems with self-service.

21% of consumers indicated they were happy to start using voice assistants such as Amazon Alexa as way of engaging with brands, yet a huge proportion of the research’s survey also acknowledged they valued emotional intelligence and empathy in a customer service interaction, something they were unable to obtain from automated assistants and bots.

“The last three months have challenged consumers and brands like never before, and we are all faced with understanding a new reality: How do we shift from adapting to the crisis to driving a success strategy in this future world?” said Martin Wilkinson-Brown, global CMO at Sitel Group.

“In this quickly changing world, customer experience is truly one of the only ways for brands to stay competitive within their industries and now more than ever it’s critical to meet consumers where they want to interact with brands.

“Combining human-led technologies with searchable knowledge bases and even branded online communities to handle common issues and typical contact drivers will reduce inbound call volumes and traffic to other live channels. This will actually drive costs down while improving CX for all customers, regardless of their channel of choice.”

Feature Image Credit:  istock/CSA

By Chris Ward

Sourced from mycustomer

By Sahin Alom,

As a newbie in the industry, you should be ready to work hard so that you can earn more profits with the help of the new thing called the internet. It is just like a factory for the newbies to learn how to run a business. The Best Digital Marketing Strategies for Start-up Businesses

Do you know what marketing strategies are for your start-up business? There are a lot of companies that have used these strategies, yet few of them have the money to implement it.

For example, your digital marketing campaign is for different businesses. The strategies for one business may not be effective for another. Complete understanding is the reason why your start-up business should also look into the strategy of your competitors.

For example, if you are into digital media and digital products, you should take into consideration your competitors’ websites. They may already be in business and are competing for the same market as you.

Furthermore, how is your company’s site relevant to the needs of the consumers. The site must be easy to use, easy to navigate, and relevant to the consumer’s needs.

The best way to achieve this is to customize the design of the site. You can do this by using the navigation tools provided by the search engines.

Startup Businesses

To make it look more professional, you can hire a professional designer to look over your site. You will be sure that the website will have an attractive design, but if the designer has a creative side, he or she can give you a great design.

For your online reputation, you must make sure that you have a blog for your website. By blogging, you can create a presence on the web so your customers can have an idea about your services and products.

Articles are also significant for your business. Your articles should be written with accurate facts.

To get more traffic, you can also put the links to your website at various directories. However, it is still essential that you keep the link to your site as prominent as possible.

For your marketing campaign, you can also consider hiring expert feedback. True feedback will provide you information about what works for other companies. Email Marketing Tips for Start-up Businesses

These are just some of the strategies. When you consider these, you will have a better chance of success.

Email Marketing Tips for Startup Businesses

Email marketing is the most cost-effective way to advertise your business. So it’s easy to see why so many companies are getting into this type of marketing.

To build a list of potential customers, you will have to provide them with an email address. While this may seem like a tedious task at first, it really isn’t. It’s all a matter of knowing where to find an email address, as well as making sure that you do it right the first time.

The way to get started with marketing is to go online and do some research on what other people are doing. Find out how they built their lists. You can also ask around to see what methods are working. Knowing the methods that are working can help to get you going, as well as give you great ideas on how to create your own list.

One thing that you want to be careful about is giving out someone’s name and mailing address to many people that don’t care about your product or service. The more subscribers you have, the more money you can make. If you want your list to have longevity, then make sure you choose people who need your product or service.

Best Tips For Your Start-up Business

After you’ve determined who you are going to market to, you will need to start planning out your next step, which will include having a monthly newsletter. Remember that emails can easily get lost in the shuffle. So, having a regular newsletter will ensure that it is picked up each month by your subscribers. You want to make sure that you use a high-quality email marketing software to allow you to know when you should send out an email.

Once you have your newsletter sign up form established, you can start looking for your products or services or start building an affiliate link. Keep in mind that people are only going to join you if they have an interest in what you are offering.

You will want to email these people with offers to promote your products or services and have them take action. You can do this through offers that promote your software or affiliate links, as well as offering incentives for signing up. Also, do a free trial to get their attention, and then you can offer them a discounted or even free product.

While email marketing isn’t a new concept, it is only recently that many companies have begun using it. When done properly, it can result in a considerable amount of profit for your business.

Social Media Marketing

Social Media Marketing is simply marketing done through social media platforms. A marketing technique that combines website promotion, blogs, and discussion boards to connect with prospects and establish a brand. It allows businesses to connect with their customers but also promote their business via social media marketing. Helps establish business ties, generate buzz, and make an organization more appealing to potential clients.

Today, companies are turning to the Internet to solve all of their marketing needs; however, traditional forms of marketing do not offer the same convenience as they once did. For many years, businesses could only reach out to their customers through visits to their office or even by sending out business cards.

With social media marketing, companies can reach their customers when they need them most. If you’re looking to make your start-up business more attractive to customers, consider using social media marketing.

One of the most critical aspects of the start-up business is to have your products and services are unique. Unlike before, now, customers can easily find out about your business, providing them with fresh information about what you do. For instance, having your website listed on various search engines and sites will help customers find you. Websites are also a great way to connect with customers and create long term relationships.

Most network marketing companies are also looking to expand their reach online. Some of them have gained loyal followings because of their ability to leverage social media marketing techniques. These companies offer a variety of marketing tools for their members, including blog marketing, social networking, and more.

Can Help Your Start-up Business

Social media marketing is similar to traditional marketing. The only difference is that it provides a better way to connect with customers online. It helps to provide your audience with a sense of familiarity while providing your products and services to potential customers at the same time.

Although some might consider network marketing as competition from them, it is suitable for customer support. Since the company will be relying on customers to purchase your products and services, it will be beneficial to provide your customers with free content and discounts to keep them happy.

When people’s attention is brought to your site, it becomes much easier to get them to share your content with others. It makes sense to use social networking sites to connect with potential customers. Not only will you have a built-in community, but it will also give you a platform where you can further build a fan base.

To reach more potential customers, you will need to implement social media marketing strategies in your marketing plan. If you’re looking to start a start-up business, this is a great way to establish the name of your business and attract new customers.

Avoid Failure With Paid Promotions and Paid Advertising

The idea of Paid Promotions to help a start-up business success is simple enough, but it’s also very easy to go wrong. You may want to spend months developing your own promotions and marketing efforts, only to realize that they’re not working well enough for you to earn money from them. On the other hand, you may discover that your existing marketing efforts are working, and then you’re simply out of ideas. Here are some tips to help you avoid this situation.

One reason why paying Promotions may not be as successful as you’d like them to be is because of the quality of your content. For one thing, you want to have something that will catch people’s attention from the moment Facebook ads placement strategy they come across it.

For another thing, you should be writing for readers that will read what you’ve written. When you go into Paid Promotions thinking that only your own site is going to get traffic, this is not the case. A lot of articles and blogs go into Paid Promotions in a similar way – a good article or blog gets more views and traffic because people find it useful.

It’s not always easy to keep in mind these things, but if you’re serious about getting your Business Online and driving traffic to your site, you need to remember that paying Promotions and Paid Advertising can help you. The success of Paid Promotions and Paid Advertising depends on the quality of the material you put out there.

The less work you have to do, the better off you’ll be. It’s not always easy to write an article, but if you’re doing it well and putting out high-quality content, it will make your Paid Promotions and Paid Advertising efforts more successful.

Search Engine Optimization for Start-up Business

The most effective and cost-effective SEO optimization approach that will generate more traffic to your website is Search Engine Optimization. It is mainly a marketing plan that is driven by search engines to generate relevant traffic to your website.

In this process, keywords or key phrases are associated with each page of your website to make it search engine friendly.

The idea is to make your site to be easily found by the search engines and also to bring about a targeted audience to your website. The best way to attract such visitors is through the use of rich media such as graphics, videos, voice over Internet applications, and animated images.

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Although search engine optimization is essential to the success of any website, this also comes with a price. To sustain this for a long time, you need to make use of the best practices of Search Engine Optimization. SEO includes the use of appropriate keywords, appropriate meta-tags, and the use of proper content on your website.

The content consists of all the essential information that is related to your business, product, or service. The SEO strategies should be taken into consideration as the process of SEO is at the forefront of the competition of search engines.

The first step for Search Engine Optimization is research. You need to have a high level of competency to conduct a search engine optimization campaign. SEO is basically to get an understanding of what is on the mind of the search engines.

There are many resources available for free that can provide you with the knowledge to carry out the process of Search Engine Optimization. Some of these are those that offer training. Once you have this knowledge, then you can proceed with the process of Search Engine Optimization.

Content Marketing

If you are a blogger, marketer, or a freelance writer, you should be careful with content marketing. You might be losing clients by writing lousy content for your business. There are three ways to find out what the search engines think about your content. The first is by reading the Google manual that shows you how to find out what the search engines say about your content. You will also find that there are a lot of mistakes in the content of many blogs.

Another way to find out what the search engines think about your content is to have your own content analysed. You should be aware that most content management companies do not analyse your content for you, but they do suggest improvements for you.

The best way to go about this is to find a company that specializes in this and employ them to write a blog post for you. They will tell you exactly what you should change about your content.

Content Strategy

You can also use a service that will analyse the content of your business and send you an email when there is a problem with the content. It sounds far fetched, but you might find that the content management expert had seen similar issues before.

The best thing about it is that you do not have to worry about the time it takes to do it yourself. You can ask them to rewrite the content for you for a little over $20 per article. Do a little research before employing a content management company.

A third option is to do it yourself, but I am afraid you will be writing content that is never going to be seen by many people because most people have no idea what the term content marketing means.

By Sahin Alom

Sourced from ReadWrite

By Evan Varsamis,

This year has been quite a roller coaster for marketers so far, and it’s still unclear how things will go in the next few months. However, when it comes to designing a marketing funnel, you can’t stick to your traditional methods anymore. You have to start thinking outside the box and picking up new techniques that can enhance your brand’s presence on the web. Online competition has grown massively over the last few years. It’s not just about being present on the web anymore. It’s about sustaining an omnichannel presence.

What Is An Omnichannel Presence?

Years ago, we used to think of online marketing as finding the platform that works the best for you and prioritizing your activities there. Today, with so many different platforms having unique structures, it’s even more difficult to figure out what works the best for your brand. It’s not about finding your best platform anymore. It’s about learning how to be present on every channel and make the most of it.

What works on Facebook won’t work on Pinterest. You have to figure out how to be present on both channels with equal effectiveness.

Now that you’re familiar with an omnichannel presence, let’s take a look at trends and online marketing tips that will help you sustain your business in 2020.

Cobranded Content

Every individual is loyal to a certain number of brands. As a marketer, if you can leverage that engagement by combining two brands, there’s nothing like it.

Sophia Bernazzani explained this concept beautifully on HubSpot: “One of my own beloved childhood memories was a product of co-branding: Betty Crocker partnered with Hershey’s to include chocolate syrup in its signature brownie recipe. There’s something brilliant about that co-branded product: It’s a fun way to marry two classic brands into one delicious experience for fans of baking and chocolate alike.”

So, to make your 2020 marketing work, you can connect with brands that appeal to you and use that collaboration as a marketing campaign. You could choose to go for video advertising or even audio influencing through podcasts or webinars. Either way, cobranded content can help you soar high with the help of loyal followers.

Micro-Influencer Marketing

If you have experience with influencer marketing, you’ll know why micro-influencers are the near future. Reaching out to big-time influencers is difficult, and you can’t expect them to review free samples that easily. So brands that are tight on budget can opt for micro-influencers who cater to their product niche.

These influencers have enough popularity to still be influential, and they also tend to have better engagement rates with their followers because they are less overwhelmed with sponsorship offers, which gives them the bandwidth to keep in touch with their followers. A study (paywall) from HelloSociety suggests that micro-influencers with around 30,000 followers have 60% higher engagement and are about 6.7 times more cost effective than influencers with more followers.

Nontraditional Social Media Marketing

Ever since we started social media marketing, we’ve primarily used Facebook, Twitter and Instagram. While these platforms continue to be the rulers in the industry, there are several others that are making their way up with the help of the younger generation. These platforms include Snapchat, Pinterest, Reddit and Medium.

So when it comes to planning a successful marketing campaign, you need to think outside the box and come up with ways to work on every platform instead of sticking to just one or two. In fact, it may seem far-fetched, but TikTok could work for your brand, depending on what you are trying to promote.

Contextual Targeting

When you throw random ads at people, you can’t expect the click rate you desire. That’s because not everyone will want to see the product you are showing them. Instead, with contextual targeting, you can showcase your ads on pages with related information. People who see your ads will have a higher chance of clicking them because they are already interested in your product niche.

Programmatic Audio

With podcasts and audio streaming apps becoming more and more popular, they’ve turned into avenues for online promotion. The advantage of programmatic audio promotion is that it enables you to place ads in the audio content.

Depending on your preference, you can opt for ad formats such as companion, ad pods, or pre-roll and midroll ads. Currently, companies including Google, Rubicon Project, SoundCloud and the BBC offer audio advertising features.

Video Advertising

Every social network is focusing on video content. Many are even looking for ways to implement product shopping directly from videos.

Consider using traditional video advertising methods by placing your ads on YouTube. You can even work with brands on Facebook and Instagram to promote your products in videos.

Mobile-Friendly Emails

As more people switch to primarily using their smartphones, the entire email marketing industry will change. Email designs need to be mobile-friendly and minimal, and they must have the call to action (CTA) button in a place where the user can easily find it. Another crucial point is to avoid too much content in your email. You can always opt for a drip email campaign to send out information sequentially.

Augmented Reality (AR) And Virtual Reality (VR

If you are an e-commerce brand, chances are you’ve already heard of implementing AR and VR for better product discovery. By implementing these technologies in your marketing funnel, you may be able to draw the attention of people who hesitate to purchase online. Give them the opportunity to try out products virtually before purchasing them.

Having said that, it’s also crucial not to forget the tone of voice you use while implementing all your marketing campaigns. The world is going through a massive change in 2020, and it’s important to understand the emotion of your audience before you try to promote a product or service to them. An empathetic and genuine tone can always take your brand a long way.

Feature Image Credit: GETTY

By Evan Varsamis,

An entrepreneur and Founder/CEO at Gadget Flow, as well as an investor and marketing advisor at Qrator Ltd.an entrepreneur and Founder/CEO at Gadget Flow, as well as an investor and marketing advisor at Qrator Ltd.

Sourced from Forbes

By Jonah Malin

Business relationships are defined in the first 90 seconds. Here’s how to make every second count.

Whether interviewing for a job, meeting a client, or participating in a group event, we often overlook the value of first impressions. Instead of being thoughtful and pragmatic, a lot of people rush their introductions, ignore their physical cues, and gloss over personal details out of nerves or inexperience.

The truth is, we only have one chance for a first impression. And successful people understand just how important this opportunity is.

According to Alexander Todorov, a professor of psychology at Princeton, people trust their first impression and hold onto it for a long time: “Once we have a representation formed, it’s used as a filter. Think someone’s trustworthy right off the bat? You might tell them more. And if you write them off as a negative person, you might complain about them to coworkers.”

With that said, here are a few ways to make sure you leave a lasting first impression and are perceived by others as a positive individual.

Make Eye Contact 

When you enter a room or meet someone for the first time, try and make it your goal to remember eye colour. It will help you stay engaged and present in the moment. A lot of younger working professionals have a tendency to avoid eye contact after a few seconds, which displays a sense of insecurity and immaturity.

Usually, eye contact is the very first impression you will make when being introduced. It’s an opportunity to establish yourself as a friendly, interested personality.

Project Confident Body Language 

Do you sit up straight in a chair or slouch down and gaze into the distance? Do you look to grab a seat at the table or disappear into the back of the room?

These basic somatics offer insight into who you are and how you act in a professional setting. Whether you realize it or not, physical presence helps people make snap judgments about your personality. It could be the difference between someone thinking you are curious and enthusiastic or bored and out of place.

Focus On Your Role, Not Your Title And Tenure 

The classic introduction line is, “Hello, I’m Jonah and I work on the marketing team. I have been in this role for a few months and am really excited to work with you.”

How many times have you heard some variation of that line? And guess what, everyone else has heard it or said it before too. Instead, try something along the lines of, “Hello, I’m Jonah and I work on developing the content strategy for our agency and our clients. I am a member of our marketing team.”

It’s a simple shift that still gives your audience an understanding of your title, but provides a little more depth on how you can contribute. It’s also important to remember that your tenure with an organization only matters if it positions you better. I have been with my current company for a few months, so bringing it up to new clients establishes me as green and potentially inexperienced.

Share Relevant Personal And Professional Information

Most people want to know a little more than your name and your role. When speaking for the first time to someone new, you have a chance to really grab their attention. You can add a quick background to your introduction that is relevant or try to find common ground with the person you are speaking too. While I currently live in Washington D.C., I like to bring up that I am from Chicago. This little piece of personal information either sparks further questions or connects me with someone who happens to be from the Midwest.

It doesn’t have to be anything overly revealing- just be creative and attentive as to what may resonate with the person you are speaking to.

Be Authentic 

One of the best pieces of advice I’ve received was from Sean Conlon, real estate mogul & host of CNBC’s primetime show, ‘The Deed’. In an interview, Sean told said, “Love me or hate me, you’ll remember me”. With Sean, who started his career in the U.S. as a poor Irish immigrant, first impressions meant everything. His philosophy in life is “what you see is what you get”, which speaks volumes to the personality trait that drives his success.

People can usually pick up on inauthenticity, and saying something or agreeing with someone for the sake of it could backfire. In order to make a good first impression that lasts, it’s important to be yourself.

Don’t Forget To Smile

As Ann Demarais, founder of First Impressions, a New York-based coaching and consulting company told Time Magainze, “We sort of scan the world for threats, and facial expressions are really primarily processed. On a very deep level, if someone is frowning or looks threatening, we register that as ‘Watch out.’”

Smiling is an invitation for mutual warmth and appreciation. Not only will it make you seem more approachable, but it eases the tension for everyone else while painting you in a positive light.

Final Thoughts 

Introducing yourself is at the core of networking and business relationships. Being able to professionally handle these little interactions with poise and confidence will put you a tier ahead of everyone else.

In the first 90 seconds, most people will make a quick judgment about you. Take advantage of the opportunity and establish yourself as a confident, creative, collaborative team player, or leader. It’s the best way to position yourself for a successful future.

By Jonah Malin

Sourced from LADDERS

By Peter Boolkah

Award-winning business coach, podcaster and speaker, helping high-performing entrepreneurs and business owners get results they want.

When a recession hits and money is tight, businesses tend to look for ways to cut costs until the economy improves – and marketing is often first on the chopping block. But this is a big mistake. It tells the world that you are not open for business at a moment when you want to be communicating the opposite.

As an entrepreneur, I understand the impulse to reduce marketing spending during an economic downturn. I did exactly that during the 2008 recession and have learned from my past missteps. Now I’m investing more than ever in marketing because I know this strategy will result in long-term gains for my business. Here are three reasons why you should market more, not less, in a recession.

Your business will shrink in line with your customers.

We are in the midst of a global crisis unlike any we’ve experienced before. We don’t yet know how long the recession will last or how damaging it will be, but we must be prepared for a long recovery. A forecast from the International Monetary Fund predicts a nearly 5% contraction in global GDP this year, with projections for the U.S. (8%), Europe and the UK (10.2%) higher than the average.

You can expect your business to shrink as your industry marketplace contracts. You will likely lose some of your current customers, which means you need to step up your marketing to attract new customers. Use this time to build relationships and trust with your new customer base. When the market eventually recovers and we re-enter a period of expansion, you will be well-positioned to grow with their businesses. Not only will you be able to reclaim the market share you lost, you’ll be able to increase it.

Figuring out what works for your business will multiply your success.

Marketing isn’t magic; it’s math. Before you spend more on marketing, take the time to understand what platforms and strategies are valuable for your business. Analyze data from past campaigns and look for insights that can guide your efforts in the future. Is there a standout example you can learn from – for example, a course that sold out with Facebook ads or a YouTube video series that led to a spike in subscriptions? Have you experimented with different marketing approaches, giving each one enough time and variation to decide if it’s effective? When you find a strategy that works, do more of it.

It’s also important to remember that customer behavior is changing rapidly. In just a few short months, the crisis has accelerated the digitization of how we work, play, shop and connect. According to data from Mastercard SpendingPulse, which analyzes reports on retail sales across all payment types in select global markets, e-commerce sales in the U.S. doubled in one year, increasing from 11% of all retail sales in April/May 2019 to 22% in April/May 2020. In the UK, e-commerce sales reached an all-time high – 33% of total retail sales.

Many of these digital shifts will lead to permanent changes. In a recession, some industries will die as other opportunities emerge. Pay attention to trends so you can continue to spend your marketing budget wisely.

Now is your greatest opportunity to be visible at a reasonable investment.

At the height of an economic expansion, everybody is marketing. Costs go through the roof, and you have to fight for people’s attention in a crowded marketplace. In a recession, however, marketing space becomes plentiful and affordable as competition plummets. Many companies are cutting back on marketing, so you can spend far less to reach more people with your message.

During a recession, the economy doesn’t grind to a halt. People are still spending money; you just need to give them good reasons to spend it with you. Take advantage of this opportunity to spend on marketing that boosts your visibility, builds on past successes and helps you grow with your customers as the economy rebounds.

Feature Image Credit: GETTY

By Peter Boolkah

Follow me on Twitter or LinkedIn. Check out my website.

Award-winning business coach, podcaster and speaker, helping high-performing entrepreneurs and business owners get results they want. Read Peter Boolkah’s full executive profile here.

Sourced from Forbes

By

YouTube’s non-advertising subscription revenue will boom and emerge as a bigger driver of Google stock valuation, says one analyst.

Bank of America analyst Justin Post says subscription revenue will become a bigger part of the unit of Google-parent Alphabet (GOOGL).

“Based on an increasing, but still small, share of paid TV and music subscribers plus price increases, we estimate YouTube non-advertising subscription revenue can grow at a 28% five-year compound annual rate from $5.2 billion in 2020 to $17.6 billion by 2025,” Post said in a report to clients.

He added that for YouTube, “A key question is profitability.”

Alphabet disclosed more YouTube subscriber metrics when it reported earnings in April. Google reports second-quarter earnings on July 30.

In the March quarter, YouTube’s overall revenue rose 23% to $4.4 billion. Most of that came from advertising.

Google Stock: YouTube TV Fee Increased

Google stock gained 3.1% to close at 1,563.84 on the stock market today.

YouTube had more than 20 million music and premium paid subscribers and 2 million TV paid subscribers at the end of 2019, Google said in April.

“The recent YouTube TV fee increase to $65 per month has raised optimism that Google is looking to drive positive margins,” Post added. He noted that “Spotify (SPOT) had 130 million subscribers, 26% gross margins, and was roughly break-even in the first quarter of 2020.”

Google stock is not in a buy zone. It trades 10% above a cup-with-handle entry point of 1,415.63.

By

Follow Reinhardt Krause on Twitter @reinhardtk_tech for updates on 5G wireless, artificial intelligence, cybersecurity and cloud computing.

Sourced from Investor’s Business Daily