Business development

Stop Using Emails for Marketing


marketing-holidays-graph FINAL 2Stop using emails for marketing if you’re not willing to commit to using Best Practices and a consistent, frequent, and well crafted program.

Email marketing works. In fact, email marketing is 40 times more effective at acquiring new customers than social media and traditional forms of media including print and shows.

The fact is you wouldn’t get tons of emails everyday if companies didn’t find them effective. Home-goods retailer Williams-Sonoma reported a tenfold improvement in new customer acquisition by adopting a frequent well conceived e-mail program. Here are a couple of best practices tips:

START IT WITH A GOOD SUBJECT LINE
33% of email recipients open email based on subject line. Subject line is basically what your readers will first see. It needs to be catchy, and at the same time, in line with your real message, because your real goal is not just to have your email opened, but to make your readers engage with you. The best email subject lines are short, descriptive, and provide readers with a reason to explore message further. Keep it simple and to the point.
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Even Tasty Emails Can Fall Flat

SOS Email Expert Guidelines: How to Keep Your Tasty Emails From Falling Flat


1. A Unique Selling Proposition

Your email will be more successful if you provide a product or service that nobody else has. Or if you are offering a discounted price point, you’re ahead of the competition.

2. Timing
You’ll do better when you are ahead of the market with products. 
For example selling organic products before organics became popular. Continue reading

More Effective Ways to Target Business Prospects Using Facebook Ads

LIKEFebruary 2014

Facebook’s targeting features are becoming even more powerful. Facebook has rolled out improved targeting options which now allows advertisers around the world to reach precise audiences based on four main targeting types: location, demographic, interests and behaviors. And in the US, they have also added Partner Categories to the Ads Create Tool so that every marketer, from brands to local businesses, can use this targeting option.

Location
Say you’re a retailer that wants to show ads to people that live near your brick-and-mortar locations. With flexible location targeting, you can build campaigns around any combination of geographies: country and city (France and London), country and state (Canada and New York), state and city (California and Las Vegas), state and ZIP code (US only), etc. It’s also easier to exclude certain areas i.e., New York City, except 11211, or the UK, excluding Cambridge. Continue reading

SWOT Analysis: Starbucks

Starbucks SWOT Analysis
by David Schwartz

What Does SWOT Analysis Mean?
SWOT is a tool that identifies the strengths, weaknesses, opportunities and threats of an organization. Specifically, SWOT is a basic, straightforward model that assesses what an organization can and cannot do as well as its potential opportunities and threats.

The method of SWOT analysis is to take the information from an environmental analysis and separate it into internal (strengths and weaknesses) and external issues (opportunities and threats). Once this is completed, SWOT analysis determines what may assist the firm in accomplishing its objectives, and what obstacles must be overcome or minimized to achieve desired results. Continue reading