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ARTICLE
FROM FEBRUARY eNEWSLETTER
Long-term
Dot-Com Marketing, Cost Effective E-Mail Surveys
Greetings,
As another bitterly cold day passes, the World Wide Web
continues to
heat up. We're going to deal with a couple of important issues
in
this issue that any business with a website could, and should,
practice to improve its online presence. First, we'll address
the
importance of site surveys and site analysis in order to
keep
visitors returning. Second, we'll look at the after affects
of the
dot-com-mania, both good and bad.
SURVEYS SURVEYS SURVEYS
They are affordable and necessary. All marketing and advertising
firms use them, why can't small businesses utilize them as
well?
The ability to receive comments from customers and visitors
to a
website is vitally important to a site's future. For instance,
if
one stays over night at a hotel she may receive a comment
survey
card to 'better serve' her during her future stays. Much
is the
same with an online presence.
As the web changes daily, peoples' demands change and to
be able to
counter and collect from those changes relies on the ability
to
perceive the curve before it comes. Simple surveys dealing
with
services to navigational layouts, provides businesses with
useful
feedback. It is then up to you, the business, to consider
changes
and improvements.
In the "Golden Days", many surveys were through
direct mail. With
email, surveys are less expensive, yield a higher response
rate, and
minimizes time involved. The Wellness Center out of North
Carolina
opted for an email survey as opposed to direct mail or phone
studies
regarding an opening of a new facility and what it should
incorporate. With expectations of a 10-15 percent response
rate,
they actually saw a whopping 47.4 percent response rate!
The survey
went out to over 800 people. The original bids for a direct
mail
piece of that size for their needs was around $3,000. Their
email
survey costs was well below $1,500, and $450 of that was
for a three
month e-mail marketing solutions subscription.
As one can see, email can be affordable and highly effective.
Beyond the cost effectiveness of an email solution, is the
immediacy
of the survey results. The worries of surveys lingering around
a
desktop or in the mail somewhere are less likely to happen
with
direct email. If direct email marketing is something you
would like
to consider and would also like more information about please
contact iam@iampresentations.com
LONG TERM MARKETING!!!
It was nearly built in a day it seems. However, the internet
is
still in its integration phase. As that integration grows
so does
its potential and use. In the mid 1990s there was the dot-com
boom,
and then the crashing bang. Reason being: the dot-com-mania
preached the short term, thus was initially shortsighted
for
the "quick buck". For instance, online access penetrated
U.S.
households faster than t.v., radio, and even the telephone
(Jupiter
Research). Nearly seventy percent of the U.S. population
were
connected in ten years. The internet is still laying its
foundation
and the most useful marketing approach will be the long view
information-based, interactive collaboration with visitors
as this
unbound highway of connectivity molds its shape. The following
is a
basic trajectory of a long view system, of which we appear
to be
leaving the second phase and entering the third phase. We
hope you
enjoy this outline and find it useful. For further assistance
or
any questions please contact iam@iampresentations.com.
1. Direct
response advertising: The initial breakthrough enabled the
consumer to respond, for example, redeeming a coupon, returning
a
postcard, or calling on the telephone. Because response
is an
effect, effectiveness of the stimulus can be measured,
making the
communications accountable.
2. Data-based targeting: In the 1970s, when computing power
democratized from mainframes to desktops, data-based marketing
became commercially feasible for many businesses. It was
widely
adopted because superior precision of delivering stimuli
to
specifically appropriate households or individuals increases
effectiveness.
3. Feedback-driven speed. Prior to the 1990s, only one medium
was
two-way and worked in real time: the telephone. The Internet
added
two more channels: e-mail and Web sites. Both have two-way
capabilities (though very different) and both are near
real
time.
Today, orchestrating sequences of data-governed and data-capturing
two-way interactions across these two-way channels in near
real time
is a leading edge.
4. Customer-guided marketing. End-using consumers have control
of
commercial messaging with personal video recorders, call
blockers,
anti-spam filters, and other tools. This could result in
a culture
of concealment in which consumers seek to hide from marketers.
Alternately, it could open an era of negotiated messaging,
such as
opt-in and opt-out, permissioned and double permissioned,
filter-
compliant addressing, cookie-setting prompts, and so on.
The
technology side involves machine-to-machine handshakes and
data
policies. The human side involves earning trust as a prerequisite
to
intimacy. This is today's planning horizon.
5. Company-customer co-evolution. Off in the distance is
the
informational vision of a tightly coupled company and its
customers.
Information wants to be exchanged. Tight coupling is the
logic of
all information systems in processes such as just-in-time
inventory
and build-to-order manufacturing and in markets for equities,
insurance, and so forth. Wired editor and author Kevin Kelly
put it
this way:
"
...Co-evolutionary relationships... are in their essence
informational. A steady exchange of information welds them
into a
single system. At the same time, the exchange -- whether
of insults
or assistance or plain news -- creates a commons from which
cooperation, self-organization, and win-win endgames can
spawn..."
Best Regards,
I AM Presentations
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