May 2009

I just receive the email below in regards to Ideas on Tap. It’s great to see a local networking event take off. Congrats to Chris Breikss and the team at 6s Marketing for doing a great job at this! The first event I attended was standing room only at the Yaletown Brewpub. The move to the commodore was much needed.

Thank you for registering for Ideas on Tap!

The 500 free tickets have now been registered and tickets to the June 11th Ideas on Tap are now $6.99 until June 9th. The number of early bird registrants has exceeded our expectations, but we still have 250 tickets available for purchase. Please let your friends and colleagues know that they should register soon as we are now expecting to sell out.

Event: Ideas on Tap

Date: Thursday, June 11, 2009 from 5:30 PM – 8:30 PM (PT)

Location: 
Commodore Ballroom
868 Granville Street
Vancouver, V6Z 1K3 
Canada

For more information click here: Ideas on Tap

We are going to have a great evening of Brains, Business and Beer!

If you are no longer able to attend the event, please login to Event Brite at www.eventbrite.com to cancel your free ticket so that another person can register for free. If you have registered for 2 tickets and only need 1, please login and release the other ticke too. Thank you for your consideration.

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There Are Two Kinds of Web Traffic

The first thing everyone should understand is that there are only two fundamental types of traffic: paid and unpaid. Paid traffic includes: online advertising such as pay-per-click marketing, and banner advertising. Unpaid traffic or natural traffic is traffic that your site receives without you having to directly invest in getting it there. Examples would be a well optimized website showing up in the search results for terms a phrases people are searching for, social media traffic that has resulted from people taking an interest in what your business offers, any press or coverage you receive from bloggers or main stream media that was not paid for.

A couple of quick thoughts on the two types of traffic:

1. Ideally, every website would be promoted with a combination of the two.
2. Natural traffic (unpaid traffic) still has a cost in terms of time and energy invested to create the content people are visiting in the first place
3. Paid traffic is often short term while natural or unpaid traffic often continues to bring in traffic for an extended period of time. For example, a banner ad only brings in traffic as long as you pay for it but a well written blog post or nicely put together video on Youtube may continue to bring in traffic for years to come.

Investing VS Spending

Another fundamental concept is that every time you do something to grow your web presence, it should be seen as an investment and not an expense or cost. This may not be the proper way to look at it from an accountant’s point of view but I find that if you look at putting the money, time, and effort into marketing your site as an investment it’s easier to do. Your online marketing especially should be seen as an investment that needs to pay you a return. If there’s no potential return then what’s the point? I bring this up because many people still have the old advertising mentality that thinks that advertising and marketing is an expense that may or may not pay off. 

Aside from making it easier to do, there is another reason for adopting this line of thinking. That reason is that on the web, just about everything you do to promote your site can be tracked and if it can be tracked and quantified then a return can be calculated. 

Over time as you test methods of traffic generation against each other, you will build a portfolio of “investments” you can choose from where the return on investment (ROI) and expected results are clear ahead of time. 

Test Everything…then test some more!

The third fundamental concept of Internet marketing is testing. While you may not be able to afford every possible method of generating traffic, leads, and sales online at first, you can always start small, pay attention to the results and track your progress. 

Everything should be tested; from the color of your website, to your photos to your offers to various ad formats and advertising platforms etc. The list is truly endless but don’t let this overwhelm you. The key is to pick a few things (marketing tools or concepts) you are going to focus on and then make it a habit to test the various aspects of how you apply each one. For example, if you choose to build an email list and write a newsletter like this one, you might test various ways of asking people to join your list. You might test different subject lines, different content ideas, different calls to action and different offers. The key is continual testing and tracking of your results.

Really it’s about practice and refinement. The more times you practice a sales pitch to a prospective client and the more prospects you see and the more variations you use in the shortest amount of time possible the faster you will arrive at your destination. The great thing about the web is that just about anything can be tested, changed, updated and tracked and this can all happen in a relatively short amount of time. The other interesting thing about the Internet is that small adjustments in how you do things can often bring huge improvements in results. Case in point, in some of the Google Adwords ads I’ve written for my clients, simply by using a variation of a word – e.g changing the word “need” to “want” in the body of an ad – I’ve seen an ad pull 20-30% more clicks. On the web it is often about the small details and each of these details can be tested. 

You can also flip that statement on its head and come at it from another angle which is to only test huge changes. It’s sometimes too slow to vary every minute detail of a campaign or website for example. In this case you might be best served by making drastic changes and monitoring the results. They key again is to test, test, test!

Test your ad copy, test your landing page copy, test your email copy, email subject lines, and so on. If you’re launching a new site, test what domain name you will go with, test different page layouts and so on. There really is no limit. Yes, you have to be practical about how you use your time, just know that sometimes huge performance increases are a small change away. Also know that by testing and refining each aspect of your site and online marketing, as long as you track your results and keep what works, in time you will end up with compounded, positive results.

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Check out this great slideshow by Radian 6 Twitter master, Warren Sukernek.

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Google has launched a new YouTube business blog to create a place “to turn for the latest in tips, tricks, and feature launches that help you, our partners and advertisers, engage with the audiences you care about.”

This makes a lot of sense as Google recently stated at a conference that YouTube is now the second largest search engine next to Google.

It was only three years ago that Google bought YouTube for 1.65 Billion. In that time they’ve figured out how to monetize the video giant and have added multiple features to make content promotion and marketing easier for small and large brands a like.

If you’re still thinking about adding video to your marketing mix, now’s the time!

(Note to self…stop thinking about it and do it!)

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