Digital Britain 2009 - A Growing UK Online Audience
June 17, 2009 by Lydia Edwards
Filed under Featured, Online Marketing
In the House of Commons (London), the Labour Culture Secretary Ben Bradshaw (16 June 2009) announced a plan of how the UK will develop and grow the digital landscape. This report affects all homes and businesses with or without broadband and will impact revenue generation in the future.
Currently on the list of developed nations, the UK does not have the highest broadband speeds and we are beginning to fall behind other less developed countries. Worse still, there are many communities in the UK without any access to broadband at all. This is made worse because ISPs (Internet Service Providers) are not willing to invest in the infrastructure of unprofitable areas.
In order to access a wide array of online information, streaming media and use social networking tools like Twitter and Facebook etc, we need to have fast and reliable broadband access. Many small businesses operate from home and according to the Digital Britain Report 2009, currently 2.1 million people (6% of total UK employment) contribute to the digital economy.
It is the UK Government’s intention to make sure that everyone has access to ‘next generation’ super fast broadband by 2012. The downside for UK households with fixed lines is that we will be taxed £6 a year to make this happen. The upside is the potential for growth for businesses that understand the growth potential as more and more of their target markets have online access
As an entrepreneur and business owner it is essential to identify areas that have a potential for growth. Faster and more widely available broadband will provide access to a bigger target market with a new way of promoting marketing messages. The web removes any perceived country borders which can stop business transactions from taking place. Regardless of whether you are UK based or live further a field, a better access to fast broadband in the UK will definitely open up the market place.
Take advantage of a burgeoning UK online audience and demonstrate a level of expertise in what you do - your niche. All of the following online strategies are low cost (if not free) and demonstrate how using guerrilla marketing can achieve specific online goals.
- Make sure that you have an online presence. A UK Microsoft executive estimated that approximately 50% of UK businesses did not have one (2007). A blog is the place where you can demonstrate your knowledge and expertise but a basic website is better than nothing.
- Demonstrate Knowledge. Write articles, press releases and blog posts that demonstrate your knowledge on a regular basis.
- Incorporate multimedia such as audio and video onto your websites and User Generated Content (UGC) directories such as YouTube.
- Grow your mailing list. Get people to sign up to a free ‘gift’ on your blog/website to gather email addresses. If you have a blog, users can sign up to receive RSS feeds with your latest blog posts.
- Communicate Regularly - Send out emails about your industry, sector, products and services to you’re your mailing list.
- Social Networking - Sign up for free Twitter and Facebook accounts, fill in your profile and take part in social media networking with your specific target audience. Give your prospects and clients a way to get to know you better.
Selling Benefits Versus Features
June 11, 2009 by Lydia Edwards
Filed under Business Builder
Many business start ups are based on a hobby or because friends and family have said ‘someone will pay good money for that!’ It makes sense to follow your dreams demonstrating your passion and hobbies are often a good way to start.
But, just because you, your friends and family love the idea, it really doesn’t mean that everyone else will also be raving fans. Nor does it mean that there will be enough people interested, never mind willing to part with their hard earned cash to generate a good enough revenue for you.
If you are just trying to earn a little extra cash, then selling your goods and services to your friends and family will work just fine. That famous phrase, of ‘selling to a warm market’ just will not work if you want to start a business if your ‘warm’ list too small.
The real work begins when you have to start selling to people and/or businesses that do not know you, are not related and have plenty of other options. Instead of just listing what your products and services are (the features) you absolutely must show what the benefits are. We are not talking about lightweight issues but the real reasons why people buy goods and services.
If you buy a car, it will have a very full list of its features. For example, the time taken to go from 0-60 miles per hour, the miles per gallon of petrol, cost to run, the materials used to construct the car, security features etc. The corresponding benefits for these features include saving money and increasing safety.
The real reasons why people are motivated to buy are varied. These ‘benefits’ that motivate a sale, help a buyer to:
- Avoid pain or gain pleasure
- Fulfil needs and/or wants
- Save time
- Increase security and safety
- Feel and look good
- Save and/or make money
- Become successful
It’s How You Say It
Make sure that you truly understand the benefits for each of the features of your products/services and include them in all of your marketing materials. You should then find it pretty easy to answer the question ‘why should I buy your products/services’ and come up with a meaningful list that you can incorporate into your marketing materials. That includes sales pages, newsletters, product descriptions and advertising.
Marketing Blind - How To Fail at Growing Your Business
June 9, 2009 by Lydia Edwards
Filed under Featured, Guerrilla Marketing
Marketing Blind is an ideal way to fail at growing your business and throw your marketing budget down the drain.
Many businesses consider marketing to be an additional task that they just don’t have time for. Cold calls and a couple of ads in a local newspaper or a trade magazine are easy to fit in but anything else can be considered to be a big hassle.
After all, if you use your expertise to provide great services and/or products - marketing isn’t really your job is it? Actually, if you do not have someone to outsource your marketing to, it is your job!
Marketing isn’t just about paying for advertising, having a website or putting leaflets through thousands of letter boxes. A crucial and almost forgotten feature about marketing is having hard cold facts about where your business is now and a crystal clear vision of where you want to be in the future. Marketing then includes the process of transforming your business from where it is now to where you want it to be to achieve your business objectives.
Marketing Blind
I would guess that most of us would never consider driving to a complete unknown destination, if we had no previous knowledge about the route, without either researching the route beforehand or using a map to get from A to B.
If you go away on holiday, unless you have an impeccable memory, you will have your travel itinerary with you to make sure that you don’t miss the flight or go to the wrong hotel. So why would you treat the growth of your business in the same way as an unplanned journey?
A perfect way to ensure that you never increase your profits or get your business out of a rut is to undertake your ‘marketing blind’. That is to know nothing about the position of your business in the market that you operate in and to proceed to implement marketing strategies without any long or short term goals.
Free Marketing Audit - The Situational Analysis Tool
If you do not monitor all of your marketing activity i.e. make a list of the media tools used, the budget spent, the profile of your target market, the number/cost of leads, and number/cost of customers, and revenue generated you will never know if your activities have met any of your business goals.
The Guerrilla Marketing Manifesto ‘Situational Analysis Tool’ is available for download free of charge - http://www.entrepreneurmarketingblog.com/free-marketing-audit/. It will take you through the process of how to:
- Review the market that you are operating in. Is it new, old, growing or in decline? Can you enter a new market or should you exit an existing one?
- Conduct research and find out what your customers/clients think of your products and services.
- Review the internal and external conditions that affect the successful growth of your business and its profitability.
- Consider whether your products, services and marketing match the profile of your customers and clients. Are any changes needed?
- Review the features and benefits of your products and services. Should you launch new products, develop existing ones or withdraw from the market?
- Recognise the intrinsic link between pricing, value and perception with your position in the market.
- Have a clear brand identity which is promoted through all of your marketing activities.
- Know the strengths and weaknesses of your planned business growth activities i.e. understand where the opportunities are that can be exploited and the downfalls that should be avoided.
After a Marketing Audit - The Next Step in Marketing
So if you want your marketing to succeed and do not want to throw your budget down the drain, you cannot keep doing the same marketing activities regardless of whether they work or not. The definition of madness, or so they say, is to keep doing the same thing expecting a different result.
You must complete a marketing audit by reviewing everything that you are doing, analyse the results and set objectives and goals to be met in the future. All of this information can be fed into a long term marketing strategy where you set your business goals over a 3-5 year period. You can then develop a short term marketing plan to ensure that you keep on track with specific marketing tools to be implemented over a shorter period of time - typically a 12 month period.
Marketing is about having a vision that can be translated into action - ‘Marketing Blind’ is the antithesis this. You must only take action based on knowledge and information (your gut feeling won’t hurt either!). So, before you pick up the phone and take another call from a sales executive flogging advertising space or spend another penny on advertising that you have no idea will work, take stock of where you are now so that you can achieve your future goals



