Marketing School Review
Initially, I was going to do this Marketing School review like my others. Usually I pull out of favourite quotes, talk about how it helped me and then rave about why I love the product author so much. I was half way through this review and was getting annoyed because I wanted to do the assignments as I was writing it.
So – this is a combination review. I will be raving about Naomi Dunford as usual, but I will also be reviewing my own Ittybiz.
Part 1: Marketing Concepts
I really liked how she talked about the concepts before the strategies. I’ve often gotten the two confused and this prevented me from getting anywhere with my marketing strategy. Her informal way of explaining things really helped understand things in the broader marketing sense.
Definition of Marketing
Naomi kindly defined marketing in typical Ittybiz style:
The stuff you do that makes people buy your stuff.
Now, based on my experience, the first step is helping people find your stuff. The second is finding out why people buyer your stuff. She explained this in the next chaper.
- People buy stuff because they want it.
- People don’t buy stuff because they don’t trust it.
Figuring Out the Goal of Your Marketing
The goal of your marketing is conversions and there are three ones you should be considering.
- Short term conversions are what you want them to do right now.
- Medium term conversions are what you want them to do later.
- Long term conversions are what you want them to do in the future.
Assignment: List five conversion goals for each time frame
Short
- Get people to download one of my free ebooks
- Get them to sign up to a mailing list
- Get them to connect with me on a social media site
- Get them to sign up for free e-course
- Get them to sign up for my RSS feed
Medium
- Get them to hire me for my lower priced consulting package
- Get them to buy one of my entry level products
- Get them to join a membership site
- Get them to participate in a teleconference
- Get them to sign up for someone elses expensive program through my link
Long
- Get them to sign up for my offline seminar
- Get them to order a consulting package
- Get them to order an offline product
- Get them to order a print book
- Get them to join a year long course
My thoughts:
This assignment was really useful. I knew what my all my goals were and had them listed, but had no organization beyond this. Now I can change how I structure my information, and improve the usability of my site according to certain conversion goals.
Figuring Out What Rocks and What Sucks
Good marketing is about finding what’s good for your customers and your business. That’s it.
She suggested that the best way to do this, was to do a SWOT Analysis of your business. This section was quite comprehensive and really helped me understand this in a small business setting.
Strengths:
- I have connections to a number of high profile friends
- I am familiar with many of the infoproducts, and creators, in this niche
- I have an established social media presence
- I know the right people to help me
Weaknesses:
- I am recovering from anxiety which limits the amount of time I can devote to projects
- I have a pretty severe family situation that is consuming most of my free time
- I only have the bare bones of a website/email list up due to time constraints
- I’m poor. This limits the amount of money to invest in business
- I have no practical business experience. This may impact on how businesses perceive me
Opportunities:
- Many of my friends would be willing to promote me and my work should I ask
- I meet a lot of small business people at networking events who seem genuinely impressed with my knowledge
- Their is no-one that is offering the service I’m looking at specializing in.
- I know there is a defininite need locally for my social media services
Threats:
- There are a lot of people in a similar situation as me without the time constraints.
- There are a lot of people establishing themselves as social media consultants local
- Now that I’m getting a profile, some of my actions are being copied
Unique Selling Proposition
Your USP is the answer to the question, “Why should I buy from you?” The problem most people have when planning their marketing strategy is that they answer the first part of that question – “why should I buy?” – without addressing the second part – “from you?”
Assignment: Create 20 potential USP you could use in your specific business
- I focus on promoting other people more than myself
- I target smaller businesses
- I provide pdf reports that you can keep and refer to later
- I have to take some time off from my business for travelling
- I am very involved in charities
- I have anxiety – which leads to my thought processes being really creative at times
- I got my job through twitter
- I provide solutions that you can DIY
- I write really long posts
- I get my blog posts professionally edited by someone else
- I would be one of the only people offering one of my services
- I provide free DIY solutions on my site, but its not customized to individuals circumstances
- I used to be more, so I understand how to make an impression on a really tight budget
- I’ll be able to explain business concepts in simple terms, as I built it up myself
- I have a tourism blog so could target that industry
- I could specifically target Australian small business
- I could be one of the few people advertising offline
- I would be one of the few bloggers offering an online media room
- If I cant do something, I know the person who can.
- I deliver my reports within a week of ordering
Identifying Your Target Market
Your target demographic is your version of perfection. These are the people who are begging for your product or service. They have money to spend and they want to spend it on you. Maybe they don’t know it yet, but you do, and that’s all that counts.
Naomi gave three parts of this assignment. The first was describing your perfect customer. I did this elsewhere, as I didn’t want to clutter up this analysis. T. he second was providing 12 values. Again, I’d rather not clutter. The final was decided on ideal locations to find your audience.
Target locations:
- Geelong
- Melbourne
- Sydney
- Problogger community
Branding
Things to consider as part of your branding:
- The logo of your site
- Your workflow (specifically, the order process
- The language you use
- How you act on your social media presence
So – I want to brand myself as someone who makes social media, simple. This means I want my branding to be very simple and very usable.
So – I need to figure out how to brand my following online hangouts:
- Facebook Fan Page
- Flickr
- My blog
- My email newsletters
- The emails I send out
- Youtube
- Linked in
- Online chat platforms
- Forums
I also have to brand the follow offline sources:
- Business cards
- Stationary
- My phone message
These are the aspects that need to be consistent across multiple sources:
- The logo
- The tagline
- The colours
- The minimalist, simple concepts
So – I have identified the following tasks to do:
- Buy a nice font and create a graphic for relevant sidebar headings. Rather than go with a cool, grungy font get something simple.
- Redo my Logo. Do it in lowercase black text, and have a simple image. Find this image on graphicriver.net
- Create a simple tagline
- Have very short, but sharp, sales pages.
- Create systems to simplify the order process. This means I will create paypal instant payment options or allow payments to be processed via e-junkie. That means I can automatically give them an opportunity to put people on advance discount lists as well as send out the relevant questions/kits. I’ll give them instructions on where to send it and will email them throughout the process with an ETA of one week.
Part 2: Marketing Strategies
Advertising
I didn’t understand the difference between marketing strategies. I got advertising confused with PR and word of mouth. Naomi pointed the three
- You pay for advertising. If someone just says nice things about you on their blog, they’re just saying nice things about you on their blog.
- Advertising involves a concrete, tangible ad. Whether it’s paper or radio script or a jpg of a banner ad, advertising involves a THING, as opposed to a concept. (This is often called a creative in print and web media.) Nonconcrete stuff falls under the purview of public relations or word of mouth.
- There are as many different kinds of advertising as there are media, plus about 3000 more.
In this chapter, she covered three kinds of advertising:
- PayPer Click
- Banner adds
It wouldn’t be fair on Naomi to talk about the other important informati on covered in this chapter. If you are spending more than $50 on advertising, then this chapter alone could save you a bucketload of money. Its that good. I learnt so much and can’t wait to start testing.
Emails, E-Newsletters, Newsletter
In this section, she shared 2 pages of tips on how to create a really awesome campaign. I can’t do an in depth lest I reveal everything in Marketing School, but there was one concept that really stood out for me.
Make it very clear what people get.
Most people don’t bother to do this. They’ll tell you to sign up for your list and they’ll even provide a killer incentive, but they don’t give an actual reason for you to do so. This is so obvious and makes segmentation so much easier. Some ideas of what to give:
- Offer them discounts on future products.
- Offer regular tips, which may include the occasional promotional offer
I put up an email list the day I read this. It is very simple and has a simple call to action – sign up to hear when I release a free product. So far, I have two subcribers. Not bad when I’m not doing any active marketing efforts.
PR
Naomi talked about how, with PR, any press release you issue should be newsworthy
Newsworthy means “worthy of news”. It means that whatever you’re trying to convince the press to cover is interesting or important enough that people should. be reading about it with their morning latte. So the first test to put your PR piece to be through is the have-I-read-about-anything-like-this-in-the-press test. If nothing like this is in the press, it’s not worth going in the press.
Now, this is the bit where I disagreed slightly. I’m a huge fan of David Meerman Scott and found this quote about online media rooms:
So I want you to do something that many traditional PR people think is nuts. I want you to design your online media room for your buyers. By building a media room that targets buyers, you will not only enhance those pages as a powerful marketing tool, you will also make a better media site for journalists.
Its up to you where you stand. I believe it is worth providing a mixture of newsworthy items as well as information that purely interest your buyers.
I plan to outsource the writing of press releases to my friends. I will be going with one person because she promotes a lot of the releases she writes via social media channels.
Sponsorship
Naomi gave three cautions regarding sponsorship:
- Be very, very careful about who or what you sponsor.
- Be very, very careful about why you’re sponsoring.
- Be very, very careful about what you get.
This is very practical information. I have other motivations for sponsorship though:
- Brand alignment. You may want to be seen at the same level as other brands
- For PR purposes.
I would recommend you read this chapter very careful and also look up other information regarding this.
Word of Mouth
In an ittybiz sized business, word of mouth is the easiest, cheapest, most effective, and most efficient way to get new customers and clients, hands down. It is the winner.
She gives simple tips on how you can encourage word of mouth. Here are some ideas I came up with based on this chapter
- Publicly thank people. This is something I do often. I will credit someone for inspiring me with an idea and frequently link out to others.
- Do something worth talking about. For me, this could be promoting my best articles on twitter and linking specific friends to them.
Social Media
Naomi didn’t share any secret goal to help you make your riches via social media. She did say this:
Well, there’s no hard and fast rule, and there’s no guarantee of success and you have to work at it for a really, really long time. But if you do it right, you don’t have to invest any money.
I’ve had some considerable success on social media sites. My main suggestion is to provide as much help to others as possible. This encourages word of mouth and, because most people are very social media savvy, they know how to share the story with as many people as possible.
She did share one tip, however, that will make me reconsider my use of twitter:
Watch out for too much private interchange
This is a problem I have, but I never really considered it before. I don’t like adding people to chat messengers as I only use those for select friends. I check email infrequently and that would interrupt the flow of conversation.
It made me realize that I have to come up with a solution for my excessive private interchange. I try to DM where possible, but sometimes the other person isn’t following me. I would really appreciate any suggestions on this.
Blogging
She spoke about how blogging is overated for most business and that it can be a big time suck. She did explain the benefits. I like blogging more for the community rather than business aspect.
The biggest mistake I see ittybiz owners make with their blogs is putting all of their energy into the free samples, and none into bactually making and selling cool stuff.
I agree with this as free samples will be a major part of my strategy. But I have two other motives:
- develop social proof. I want to be able to report that my products were downloaded x amount of times when I release paid products
- I will be including affiliate links in each one, so will still be earning an income.
Part 3: 100 Ways to get people to buy your shit instead of someone elses shit
Naomi gave 100 tips that expanded on some of the stuff she previously spoke about. I’ll be sharing four of the tips that really resonated with me.
Be a fun person at a networking event. Talk to people like a real human being.
Usually when I meet people at networking events, I don’t talk about my business unless prompted. I’ll tell them that I’m a freelance blogger and that I work at Think Tank Media, but I rarely dive in and talk about what I do. I’ve sometimes told people that I’m just here to meet cool people. This alienates the schmoozer, but has led to me making a lot of friends.
This has accidentally led to me getting promoted a fair bit via word of mouth. This suits me, as it means I can let others do the promoting in the right context.
Promote other people
This is something I always do. Most of my guest posts are raving about someone else. On twitter, I’m usually referring people to someone else. This has helped me get a reputation of someone that is able to help. It also has the benefit of having people promote me in return. It creates a very community atmosphere and again, can lead to more word of mouth promotion.
Brand everything you own
Well, not everything. Close, though. Make sure that your Twitter page, facebook, LinkedIn, and any other online tools you use are consistent with your online brand.
I’ve brainstormed branding ideas earlier in this post but I really underestimated the amount of places that I’d need to be branding myself.
Bring business cards everywhere.
I’ve yet to even get business cards, but this is something I’d definitely agree with. I meet a lot of people when bushwalking and travelling via public transport and this is a great way to get additional leads with no effort.
My Verdict
Marketing School is seriously under priced for the amount of value you get out of it. I’ve read dozens of marketing books and Marketing School helped me so much more. It has the potential to save small business thousands of dollars, and earn them considerably more.






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