Duquesne University’s Entrepreneurial Growth Conference

Screen Shot 2014-06-04 at 7.40.51 PMIf you’re an entrepreneurial led small/medium sized business you should be heading to Duquesne University’s Small Business Development Center’s Entrepreneurial Growth Conference tomorrow, Thursday, June 5.

If you’re going, please connect with me.  As a sponsor, BrandMill will have a demo table and I’ll (Steve Wayhart) be moderating a lunch table discussion about, “How to Profitably Build Sales” and leading a discussion about “Shortcuts to Social Media” at 3:30 p.m.

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Social Media is a Must for SMB Marketers

I stumbled across this article that proclaimed ‘Social media not a ‘must’ for SMB marketers‘ and had to laugh.

The research study the article references states that while 50% of their survey sample uses social media only 12% consider it necessary. The bizarre thing was that half of the SMBs surveyed said that word-of-mouth marketing was a key ingredient to their success. What?

Don’t these guys get the fact and make the connection that social media marketing is WOM on digital steroids!

Lots of SMBs miss out on exploiting all of the advantages (low cost communication channel etc.,) that Social Media Marketing can provide them. They’re too quick to jump into the next new shiny marketing thing and never take the time to improve their mastery of a particular communications asset such  social media.

If SMBs took the time to learn social media, put in place content marketing strategies, systems and processes, they’d reap an amazing amount of success.

Social Media isn’t a silver bullet, but it is a big bullet that more SMBs need to load more frequently into their marketing guns.

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How to Make 2011 Your Best Year Ever

Throughout 2010, we consulted with over 30 brands – most small to medium sized enterprises (SMEs) like ourselves. And, from this experience, we’ve determined that if brands follow the following seven marketing strategies in 2011, they’ll succeed big time.

Here are our Big 7 Steps to Marketing Success in 2011:

  1. Clarify your marketing message to something memorable and meaningful
  2. Look for ways (and do it) to cost effectively promote yourself (Web, Social, PR, Media)
  3. Do something remarkable (Innovate)
  4. Craft and execute a 3-part marketing plan (so many SMEs lack one). The first part of the plan is an acquisition plan; the second part is a retention plan – retain/build existing business; and the third part is a win-back plan to regain lost business
  5. Build a comprehensive customer database and treat different people differently
  6. Look for ways to make your business easier for customers to do business with you
  7. Provide a unique, value added quality experience that makes your competition irrelevant

When you roll the dice with these key marketing steps yell, “7 come 11” and trust me, you won’t “crap” out next year!

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