The Medium May Change….

June 11th, 2010 § 0

but the process  stays the same………..unless of course you have a habit of yelling “BUY BUY BUY” the second you get face to face with your customer – more on this later

For what ever reason, people seem to think that the Internet has changed the steps that a customer goes through before they buy a particular product or service.

It really hasn’t.

The customer still needs to establish a want or need, do some research on alternative methods of satisfying the want or need, compare the alternatives and then make a decision.  Of course we could get into semantics about the particulars of each step, but from a 30,000 foot level, this is how people behave.

What has changed is the method by which the consumer goes through this process.

Think back to 40 years ago and imagine you are buying a house, selecting a private school for your kids, or buying life insurance.

Step 1 – Find someone who sells what you are looking for.  You could ask a friend for referral, open the phone book or maybe walk down the street and see if there is any advertising promoting the above referenced services.

Step 2 – Repeat Step 1 a few times so you have a few different alternatives.  You usually don’t buy the first house you see without having another to compare it to.  You wouldn’t send your daughter to an all boys private school if the first school you found was an all boys school. And you may not buy from the first insurance salesman you find if it turns out they only sell whole life when you need term.

Step 3 – After speaking with the sales representatives, you would sit down and consider alternatives.  Ask you spouse, your friends, your co-workers, your mistress, anyone you thought might have a valid opinion.

Step 4 – You make your decision.

Now flash forward to present day.  How do you go about this process?

Well, there is probably a good chance you would start on the Internet, which is perfectly fine.

But the buying process remains the same for the customer – 99% of the time, they are not jumping at the first offer they see.  They do research, they talk to people, they evaluate and then they buy………just like you.

BUY BUY BUY

So imagine a situation where you are meeting with a sales representative for the first time and the first thing that comes out of the rep’s mouth is BUY BUY BUY.  Every question you ask is met with the same response – BUY BUY BUY.  You are looking for some basic product information, get a sense of how the company can help solve a particular problem you have and all they can say is BUY BUY BUY.

Now, that would be weird, because everyone knows that you need to foster a bit of a relationship and a bit of trust before a customer parts with their money.  It’s only natural.  An especially on a first sales meeting because often the prospect is looking to fill a basic information void they have.

But for some reason, when people get in to marketing on-line, they forget this.  They set up a few PPC ads, link them to some generic web page and you know what you get…………a situation where the company is yelling BUY BUY BUY at the prospect.  The prospects’ questions and concerns are of no value to the company, because otherwise, they would have developed a better way to listen to them.

On top of this, the merchant is oblivious to the best part of selling over the internet……you can develop automated systems to educate a prospect about your product to see if it fits with their situation.  You can use a number of processes to build trust with the prospect………in fact you can use the internet to automatically deal with the most laborious tasks that the average salesperson deals with………..prospecting……..so that by the time a salesperson finally meets a prospect, the prospect is much further along the sales process and has the expectation that the company can help solve their problem.

OR……you could keep yelling BUY BUY BUY at your prospects and have your sales people constantly spending time doing a manual task, like delivering basic product information, that could easily be automated

A perfect example of this is for this search: corporate training solution las vegas

Screenshot-corporate training solution las vegas - Google Search - Mozilla Firefox-1

If you take a look at the Raytheon ad, they dont really discuss any benefits of their product offering………but they must be #1 for a reason

When you get to the landing page, you see the typical mistakes (no information capture)  and no way for the customer to easy communicate their needs to the company, but the company is telling you how great they are at” aligning performance among employees, customers and partners” and you say to yourself……..”I just wanted to teach my employees about our new sales process”

Have you ever tired using direct marketing to ask your customers about their needs?  I bet it will work.

Just stop yelling at your customers!!!

If a PPC ad isn’t worth doing well, its not worth doing at all

Time and Time Again………..

June 11th, 2010 § 0

I am amazed at the number of people who run PPC ads who do not understand the principles at work.

Most people make the mistake of viewing their PPC ad cost as an expense.  This is because they operate their PPC promotion program from the wrong perspective – they think of it as traditional brand advertising or even yellow page advertising.  The typical thought process is along the lines of:

“OK someone is searching for XXXXXXX (insert the name of your product or service here).  They are going to Google or Bing or Yahoo (I’m trying to be equitable here)  this term and my PPC ad will be #1, they will click on the link, see what I am selling and then contact me to buy it.”

They look at PPC ads as a one time chance to bring in a new client

This is WRONG WRONG WRONG.  It is simply not how it works.

Do you know how many people simply use the internet for research purposes before making a buying decision?  What you need to do is develop a mechanism to integrate yourself into that research process so that even if they never visit your site again, they will still have a way of contacting you.

PPC advertising is a low cost way of building a prospect database……………an ASSET…………….your PPC costs are an investment in this asset, just like how you invest in an apartment building.  You invest money up front with the hopes that the asset will generate a return on that investment in the near future.

But if all you are doing is throwing some PPC traffic at your home page, how do you plan to create that asset.

Lets see this misguided approach in action.

Say you happen to own a building in New York city and you need to get some maintenance work done.  Well first thing first, I am going to start by researching a few companies

- building maintenance new york -  This seems like a pretty good search query

And this is what we get:

building maintenance new york - Google Search - Mozilla Firefox

Let’s see what is hiding behind the uninspiring PPC ad in the #1 position

This is where I end up.  See anything missing from the page?

Screenshot-Executive Cleaning Svcs LLC - Mozilla Firefox

If the company is lucky, maybe I’ll bookmark them for later use when I make my final buying decision.  If not, whatever they spent on the PPC position was a total waste.  Had the company gotten some good advice, they would have developed a mechanism to encourage me to give them my contact information and get me in their prospect database  so they could provide me with information to guide me in the purchasing process………….guide me to buying their service!

Oh well, better luck next time guys.

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