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  • Answer Upon - Industrial Marketing Evolved With The Internet, Has Your Company?

    Three Simple Ways To Improve Customer Loyalty
    There can be no greater work related priority than when we are interacting with a customer, either in person or on the phone. Each employee must be keenly aware that the only thing that sets your business apart from your competitors – long term – is how you make your customers feel whenever they are interacting with an employee.If the quality of that “experience” is exceptional, your customers will become your best advertisers and sources of new customers by talking about your business to their many friends, family and business colleagues. The following three simple suggestions are designed to enhance the customer’s experience while potentially uncovering other customer needs:1. Get focused – The initial few seconds of any conversation, whether it be at the teller window or on the phone, are critical to making that customer feel special. At that moment
    are producing a handsome return on investment – remember he only pays on advertisements that were clicked, sending a visitor directly to his website. Compared with tradeshows and trade journals, Pay Per Click marketing is a tough act to follow.

    Let’s assume that the average industrial tradeshow costs around $4,500 to attend and that the average half-page, four color advertisement in a single trade journal issue costs approximately $3,900. Turning our sights to Pay Per Click marketing, we’ll assume that the average cost per click is somewhere in the neighborhood of 0.35 cents…now let’s work out the math.

    If my client attended a tradeshow ($4,500) instead of Pay Per Click marketing (0.35 cents per click/website visitor), he’d have to showcase his entire product line to at least 12,857 expressly interested people ($4,500 / 0.35 = 12,857). Furthermore, Pay Per Click marketing only requires a fraction of the resources and manpower that go into planning and attending a tradeshow. Lastly, Pay Per Click marketing is completely measurable, capturing real time m

    How To Build A Massive List
    So you want to build a list, huh? Do the first things first. Yes, I know you've set up a name squeeze page. I know you've set up a newsletter publishing account.But, do you have a list?If you have a list, how big is it?If you don't have a list, you've not even started. If you have a small list, good. However, you need a huge list...$ You'll do the same work whether it's one person or 10 million subscribers you have on your list.$ You'll be more motivated to write high quality content if you have 10,000 subscribers than you would if you had just 100.$ You can spend a lot more to develop products that fit your list because you know you already have a market.$ You can arrange special bargains with merchants for your subscribers only. They get a lower price than everyone else (endearing you to them the more) while you still m
    “When doesn’t money matter?” exclaimed one of my clients during a recent conversation about the merits of industrial internet marketing. His company, a medium-sized electric motor supplier, was earning approximately $15 million dollars in annual revenue – a long way from 1991; his first year in business and sales of $145,000. We were discussing the company’s 15 year history and looking over his portfolio of trade journal advertisements and tradeshow booth pictures. Many of the trade journal ads were proudly displayed in the front lobby, laminated on beautiful wood plaques with brass plates denoting the magazine issue and date. Whereas most of the tradeshow pictures were kept in a leather binder, casually surfacing at the end of facility tours with vendors and distributors.

    My client was proud of his company’s success and prominently showcased his yesteryear marketing memorabilia. At a glance, most people would suspect his industrial company spent a good deal of money advertising in multiple trade journals. Additionally, it would seem a safe bet that his Sales team spent the better part of their time on the road attending tradeshows. Both assumptions would be dead wrong. For the last couple of years, my client’s focus has been squarely set on his company’s web presence. While it’s no secret that smart B2B suppliers and manufacturers harness the Internet’s flexibility to save money and bolster sales, there are a large number of industrial companies behind the proverbial curve.

    About three years ago his company saw a trend emerging – “no name” competitors were cropping up, seemingly out of nowhere, and reaping the rewards of a strong web presence. Some of these online competitors were headquartered overseas, however the majority of them were U.S. based manufacturers who creatively stretched their modest marketing budgets on the Internet. During this time, my client ignored the “hype” surrounding the World Wide Web and stayed the course, attending his usual roster of tradeshows and advertising in a faceless number of trade journals.

    About one year later, my client began rethinking his hasty disregard for everything Internet. After all, several of his largest suppliers were now offering web-based e-catalogs in lieu of print literature and many of his customers were requesting .pdf versions of his motors’ specification sheets and user manuals. The writing was on the wall…or monitor if you will.

    Once my client moved past his apprehension surrounding the world of web marketing, he quickly realized two things. 1.) The Internet is an incredibly powerful sales tool, capable of delivering unmatched return on investment and unbeatable market penetration 2.) Industrial marketing on the Internet enabled him to easily measure and track the performance of their marketing dollars, making it possible to systematically improve the company’s ROI vs. a “gut feel” approach.

    After some time and effort, my client’s industrial Electric Motor Company had developed their first website and posted it live to the Internet. From a Customer Support standpoint, it worked like a charm. Visitors could access the company website and locate distributors, download user manuals, email tech support, and so much more. However, my client’s website had a very big problem - the only people logging on were existing customers. How could he drive qualified visitors to his company’s website, creating product awareness and generating online requests for quote (RFQ)?

    Allow me to introduce Pay Per Click advertising – arguably the most targeted and cost effective form of direct marketing available. Pay Per Click (PPC) advertising, as the name suggests, charges a pre-determined fee every time someone clicks to your website from an advertisement placed in a search engine's results page (e.g. Google or Yahoo). Because the majority of web surfers use search engines to find products and services, it makes a lot of sense for companies to place their advertisements on these pages. Consequently, it also made a lot of sense for my client.

    For over a year and a half my client’s business has been using Pay Per Click marketing to target online prospects searching for electric motors, specifically the type that his company manufactures. Furthermore, his marketing dollars are producing a handsome return on investment – remember he only pays on advertisements that were clicked, sending a visitor directly to his website. Compared with tradeshows and trade journals, Pay Per Click marketing is a tough act to follow.

    Let’s assume that the average industrial tradeshow costs around $4,500 to attend and that the average half-page, four color advertisement in a single trade journal issue costs approximately $3,900. Turning our sights to Pay Per Click marketing, we’ll assume that the average cost per click is somewhere in the neighborhood of 0.35 cents…now let’s work out the math.

    If my client attended a tradeshow ($4,500) instead of Pay Per Click marketing (0.35 cents per click/website visitor), he’d have to showcase his entire product line to at least 12,857 expressly interested people ($4,500 / 0.35 = 12,857). Furthermore, Pay Per Click marketing only requires a fraction of the resources and manpower that go into planning and attending a tradeshow. Lastly, Pay Per Click marketing is completely measurable, capturing real time ma

    How To Market Effectively Even If No One Understands What You Do
    So how do you effectively market your product or service when one knows anything about them because you're in a new and emerging industry? How can you expect to get customers if no one understands what it is that you do?If this is your situation then a big part of your marketing strategy will need to be educating consumers about what you do. If yours is a field that is relatively new, or perhaps misunderstood, adopting an education strategy can help consumers understand the benefits you provide and feel more comfortable with the idea of purchasing your products or services.Educational marketing is best done through vehicles where you have space or time to fully explain your product or service and the benefits it provides. Or perhaps even to debunk some common misconceptions.Publishing a newsletter or Ezine, or writing a regular newspaper or magazin
    team spent the better part of their time on the road attending tradeshows. Both assumptions would be dead wrong. For the last couple of years, my client’s focus has been squarely set on his company’s web presence. While it’s no secret that smart B2B suppliers and manufacturers harness the Internet’s flexibility to save money and bolster sales, there are a large number of industrial companies behind the proverbial curve.

    About three years ago his company saw a trend emerging – “no name” competitors were cropping up, seemingly out of nowhere, and reaping the rewards of a strong web presence. Some of these online competitors were headquartered overseas, however the majority of them were U.S. based manufacturers who creatively stretched their modest marketing budgets on the Internet. During this time, my client ignored the “hype” surrounding the World Wide Web and stayed the course, attending his usual roster of tradeshows and advertising in a faceless number of trade journals.

    About one year later, my client began rethinking his hasty disregard for everything Internet. After all, several of his largest suppliers were now offering web-based e-catalogs in lieu of print literature and many of his customers were requesting .pdf versions of his motors’ specification sheets and user manuals. The writing was on the wall…or monitor if you will.

    Once my client moved past his apprehension surrounding the world of web marketing, he quickly realized two things. 1.) The Internet is an incredibly powerful sales tool, capable of delivering unmatched return on investment and unbeatable market penetration 2.) Industrial marketing on the Internet enabled him to easily measure and track the performance of their marketing dollars, making it possible to systematically improve the company’s ROI vs. a “gut feel” approach.

    After some time and effort, my client’s industrial Electric Motor Company had developed their first website and posted it live to the Internet. From a Customer Support standpoint, it worked like a charm. Visitors could access the company website and locate distributors, download user manuals, email tech support, and so much more. However, my client’s website had a very big problem - the only people logging on were existing customers. How could he drive qualified visitors to his company’s website, creating product awareness and generating online requests for quote (RFQ)?

    Allow me to introduce Pay Per Click advertising – arguably the most targeted and cost effective form of direct marketing available. Pay Per Click (PPC) advertising, as the name suggests, charges a pre-determined fee every time someone clicks to your website from an advertisement placed in a search engine's results page (e.g. Google or Yahoo). Because the majority of web surfers use search engines to find products and services, it makes a lot of sense for companies to place their advertisements on these pages. Consequently, it also made a lot of sense for my client.

    For over a year and a half my client’s business has been using Pay Per Click marketing to target online prospects searching for electric motors, specifically the type that his company manufactures. Furthermore, his marketing dollars are producing a handsome return on investment – remember he only pays on advertisements that were clicked, sending a visitor directly to his website. Compared with tradeshows and trade journals, Pay Per Click marketing is a tough act to follow.

    Let’s assume that the average industrial tradeshow costs around $4,500 to attend and that the average half-page, four color advertisement in a single trade journal issue costs approximately $3,900. Turning our sights to Pay Per Click marketing, we’ll assume that the average cost per click is somewhere in the neighborhood of 0.35 cents…now let’s work out the math.

    If my client attended a tradeshow ($4,500) instead of Pay Per Click marketing (0.35 cents per click/website visitor), he’d have to showcase his entire product line to at least 12,857 expressly interested people ($4,500 / 0.35 = 12,857). Furthermore, Pay Per Click marketing only requires a fraction of the resources and manpower that go into planning and attending a tradeshow. Lastly, Pay Per Click marketing is completely measurable, capturing real time m

    Secret Classified Ad Formula Sucks in Prospects Like a Tornado! -- Part 2
    Next, assuming everything is copasetic (an old jazz term) prospects will want to know what hoops they have to jump through to get their prize.People are lazy. The less they have to do the better. Asking for a SASE(Self Addressed Stamped Envelope) in the Internet age will surely lose you a ton of prospects.The next question is the cost. What will I have to pay for this fabulous benefit? They quickly compare the benefit to the cost. The so-called cost/benefit ratio. Simply put, is it worth it? Will I get my money's worth?Finally, even if everything checks out, you may still lose prospects because they may want to "think about it" or ""come back to it" which of course they won't. They forget, the phone rings, they lose the paper, life intrudes, etcHere is the Secret Formula for constructing Classified Ads that will pull the rivets out of a subma
    ing Internet. After all, several of his largest suppliers were now offering web-based e-catalogs in lieu of print literature and many of his customers were requesting .pdf versions of his motors’ specification sheets and user manuals. The writing was on the wall…or monitor if you will.

    Once my client moved past his apprehension surrounding the world of web marketing, he quickly realized two things. 1.) The Internet is an incredibly powerful sales tool, capable of delivering unmatched return on investment and unbeatable market penetration 2.) Industrial marketing on the Internet enabled him to easily measure and track the performance of their marketing dollars, making it possible to systematically improve the company’s ROI vs. a “gut feel” approach.

    After some time and effort, my client’s industrial Electric Motor Company had developed their first website and posted it live to the Internet. From a Customer Support standpoint, it worked like a charm. Visitors could access the company website and locate distributors, download user manuals, email tech support, and so much more. However, my client’s website had a very big problem - the only people logging on were existing customers. How could he drive qualified visitors to his company’s website, creating product awareness and generating online requests for quote (RFQ)?

    Allow me to introduce Pay Per Click advertising – arguably the most targeted and cost effective form of direct marketing available. Pay Per Click (PPC) advertising, as the name suggests, charges a pre-determined fee every time someone clicks to your website from an advertisement placed in a search engine's results page (e.g. Google or Yahoo). Because the majority of web surfers use search engines to find products and services, it makes a lot of sense for companies to place their advertisements on these pages. Consequently, it also made a lot of sense for my client.

    For over a year and a half my client’s business has been using Pay Per Click marketing to target online prospects searching for electric motors, specifically the type that his company manufactures. Furthermore, his marketing dollars are producing a handsome return on investment – remember he only pays on advertisements that were clicked, sending a visitor directly to his website. Compared with tradeshows and trade journals, Pay Per Click marketing is a tough act to follow.

    Let’s assume that the average industrial tradeshow costs around $4,500 to attend and that the average half-page, four color advertisement in a single trade journal issue costs approximately $3,900. Turning our sights to Pay Per Click marketing, we’ll assume that the average cost per click is somewhere in the neighborhood of 0.35 cents…now let’s work out the math.

    If my client attended a tradeshow ($4,500) instead of Pay Per Click marketing (0.35 cents per click/website visitor), he’d have to showcase his entire product line to at least 12,857 expressly interested people ($4,500 / 0.35 = 12,857). Furthermore, Pay Per Click marketing only requires a fraction of the resources and manpower that go into planning and attending a tradeshow. Lastly, Pay Per Click marketing is completely measurable, capturing real time m

    Link Popularity And How It Relates To Search Engine Rankings
    If you go strictly by the numbers, Yahoo, MSN and Google are the "Big 3" of search engines and directories. Everyone who creates a site wonders how to get traffic to their newly created site, this is the most important question every new webmaster asks, is how to do this.In the past it was very easy to get your website ranked in the search engines, all you needed to do was stuff keywords into your site that you wanted to rank high with, stuff the meta tags and wait for the search engines to index the page and in a couple of days your site was in the top 10-20 in the search engines results. This worked very well because your site was stuffed with the keywords you wanted to the visitors to find on the search engines. This is not the case anymore, now you need links pointing to your site, content, optimization, and the proper keywordsFresh content is very imp
    t, and so much more. However, my client’s website had a very big problem - the only people logging on were existing customers. How could he drive qualified visitors to his company’s website, creating product awareness and generating online requests for quote (RFQ)?

    Allow me to introduce Pay Per Click advertising – arguably the most targeted and cost effective form of direct marketing available. Pay Per Click (PPC) advertising, as the name suggests, charges a pre-determined fee every time someone clicks to your website from an advertisement placed in a search engine's results page (e.g. Google or Yahoo). Because the majority of web surfers use search engines to find products and services, it makes a lot of sense for companies to place their advertisements on these pages. Consequently, it also made a lot of sense for my client.

    For over a year and a half my client’s business has been using Pay Per Click marketing to target online prospects searching for electric motors, specifically the type that his company manufactures. Furthermore, his marketing dollars are producing a handsome return on investment – remember he only pays on advertisements that were clicked, sending a visitor directly to his website. Compared with tradeshows and trade journals, Pay Per Click marketing is a tough act to follow.

    Let’s assume that the average industrial tradeshow costs around $4,500 to attend and that the average half-page, four color advertisement in a single trade journal issue costs approximately $3,900. Turning our sights to Pay Per Click marketing, we’ll assume that the average cost per click is somewhere in the neighborhood of 0.35 cents…now let’s work out the math.

    If my client attended a tradeshow ($4,500) instead of Pay Per Click marketing (0.35 cents per click/website visitor), he’d have to showcase his entire product line to at least 12,857 expressly interested people ($4,500 / 0.35 = 12,857). Furthermore, Pay Per Click marketing only requires a fraction of the resources and manpower that go into planning and attending a tradeshow. Lastly, Pay Per Click marketing is completely measurable, capturing real time m

    Online Business - How to Get Started Online for Less Than $200, Guaranteed
    Online Business – How to Get Started Online for Less than $200, GuaranteedThere are so many scams in the online business world that require hundreds of dollars upfront, and continual investment. Others promise $30 upfront and make millions on the backend. Can you really believe either of those scenarios, or trust them? I can’t.I believe the key to online success is to create your own product or online system. I truly believe that the only person that really makes money in a lot of the schemes online, is the one at the top. So why not create your own system, be on the top, and instead of recruiting slaves to be a part of your system, simply sell something of value?Here is how to do it for less than $200 upfront:1) Set up webhosting account: $242) 1st month of autoresponder service: $2
    are producing a handsome return on investment – remember he only pays on advertisements that were clicked, sending a visitor directly to his website. Compared with tradeshows and trade journals, Pay Per Click marketing is a tough act to follow.

    Let’s assume that the average industrial tradeshow costs around $4,500 to attend and that the average half-page, four color advertisement in a single trade journal issue costs approximately $3,900. Turning our sights to Pay Per Click marketing, we’ll assume that the average cost per click is somewhere in the neighborhood of 0.35 cents…now let’s work out the math.

    If my client attended a tradeshow ($4,500) instead of Pay Per Click marketing (0.35 cents per click/website visitor), he’d have to showcase his entire product line to at least 12,857 expressly interested people ($4,500 / 0.35 = 12,857). Furthermore, Pay Per Click marketing only requires a fraction of the resources and manpower that go into planning and attending a tradeshow. Lastly, Pay Per Click marketing is completely measurable, capturing real time marketing data through web-based reports.

    Applying the same logic to a single trade journal advertisement ($3,900) vs. Pay Per Click marketing (0.35 cents per click/website visitor), my client would have to ensure that 11,142 qualified prospects found his ad page, read his advertisement, and then immediately logged onto the Internet to access his company’s website for more information on the product in question. Additionally, he’d have to account for the cost of designing a printed advertisement too. Lastly, the costs associated with this inflexible marketing channel are difficult to justify since there it is virtually impossible to measure return on investment…there is no mechanism in place to track leads, RFQs, and sales generated from this advertisement.

    Fast forward to present day and I am happy to report that my client’s electric motor business is booming. His annual marketing spend has been slashed by 45% and company wide sales are up 18% over last year. Furthermore, his Sales team spends less time “speculating” on their next marketing expenditure and more time following up on leads and closing sales. In my client’s words, “growing sales becomes a lot easier when you can track the marketing responsible for your success”.

    All of my clients share one thing in common – they’re forward thinking businesses, facing today’s stiff competition. They recognize the winds of change and don’t turn a blind eye to any advantage in the marketplace. No matter if it’s driving sales, generating leads, or simply building product and brand awareness, progressive companies will always be a step ahead of the competition.

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