Aspiring (internet) entrepreneur, blogger, dreamer & creator, internet professional, networker, risk taker, do-er, funny marketer, visionary and enjoys cooking.
In: Business
7 Jul 2010
Marketing in 2008 became decidedly social — and 2009 will see the social elements of marketing accelerate. Social media went from being on the cutting edge, to approaching the mainstream. When I say “social” I mean marketing driven by word-of-mouth relationships.
As you go through each of the following small business marketing trends, you’ll see how powerful the social component is for getting and keeping your ideal customer. Just remember, your customers control your brand, so act accordingly.
1. AUTHENTICITY– In 2009, the focus is on “authenticity” and letting the real people behind your company be visible and show through — no more hiding behind a faceless website filled with the word “We.” Instead, it’s “I.” Consumers and B2B buyers expect to know who they are dealing with before hiring your company.
In the event of a problem with your products, consumers want a real person to reach out to, whether it’s AngelaAtHP or ComcastCares on Twitter, or the Web designer you want to hire who actively participates in Facebook and Plurk. Business people are connecting one-to-one through social media sites and this activity will continue.
How to take advantage of this trend:
2. DO IT YOURSELF MARKETING – A study by the Yellow Pages Association of America found that more than half of all small businesses say that getting and keeping customers is a challenge, yet nearly two-thirds say they will NOT get any outside help in marketing. The costs of traditional advertising is going up with newspaper ad rates growing 18%, while the effectiveness of traditional marketing is coming down with newspaper readership coming down. In 1992 it took three touches to reach your buyer — and today it takes more than eight!
How to take advantage of this trend:
3. TECH-DRIVEN WORD OF MOUTH MARKETING – 68% of your customers will leave you because they don’t see the difference between you and the other guy. This is why word-of-mouth-marketing will become even more popular in 2009. Loyal customers tell their friends and family WHY to choose you. With so much advertising around us. small businesses will have to penetrate deep “firewalls” of resistance to get to their ideal customers.
How to take advantage of this trend:
4. ECO AND SOCIAL RESPONSIBILITY – “Green” has gone mainstream. It’s not just a trendy thing to say anymore. In 2009, letting your customers know that your product or service is eco-and socially responsible is literally a feature you want to communicate. A BBDO (Ad Agency) study recently showed that younger consumers made purchasing decisions based on how what “difference you made in the world.” Whether you’re into this trend or not — many consumers have put this on their criteria list.
How to take advantage of this trend:
5. BOOTSTRAPPING AND SIMPLICITY – We’ve been moving away from excess for a few years now. But in 2009, being resourceful and bootstrapping is officially cool. This year brings a terrific opportunity to cut out products and services that have little value. Simplifying your offerings gives you the opportunity to differentiate yourself and maintain (if not increase) your price points for products or services that you do best.
How to take advantage of this trend:
6. MARKETING TO THE “BUY BUTTON” – Neuromarketing is the study of how our brains respond to messages. Neuromarketing is becoming the standard baseline for copywriting and advertising. Learning how your customers’ “buy button” works will save you time effort and money.
How to take advantage of this trend:
7. PAID MEMBERSHIPS — Membership sites are a new trend that make the Internet a terrific money-making opportunity for all kinds of entrepreneurs. Combine the trend of creating a niche, and a membership site, and you will have yourself a winning formula in 2009.
Offering memberships is not restricted to the Internet alone. Restaurants have used memberships successfully to even out cash flow and consistently bring in customers. Financial service providers have used memberships to educate their clients and provide special events and services.
How to take advantage of this trend:
8. MOBILITY — Accessing the Internet via mobile device or smart phone is a given. The sites that are mobile friendly will be the sites of choice for consumers looking for information on the go. Another common occurrence is receiving updates on your order or any information that you request via text message.
How to take advantage of this trend:
9. WISDOM OF CROWDS — Your customers will want more say in how you improve your product or service. Internet tools like UserVoice, Get Satisfaction and IdeaScale will gain more popularity in 2009 and will be common platforms for gathering customer feedback and ideas on product improvements. Using these feedback tools helps to build customer community and loyalty.
How to take advantage of this trend:
10. PERSONAL BRANDING– Personal Branding will become more important than a killer resume or bio. Your personal brand is your public identity. It’s what you are known for within and outside your network. It has never been more important to differentiate yourself and focus on what sets you apart from the crowd.
Good personal brands give people an immediate sense of knowing you and the experience your business offers. What do these names conjure up for you? Donald Trump, Oprah, Richard Branson? Each of these individuals have focused on a defining idea or element of who they are that is immediately recognizable. For example “You’re Fired” would not be Oprah and “Live your best life” would not be Donald Trump
How to take advantage of this trend:
Part of the Small Business Trends 2009 Trends Series.