JK Wedding Entrance Dance - Breaking The Rules

Posted by John Park on Jul 24th, 2009
2009
Jul 24

Ok.. I have to confess, this post has nothing to do with business.

It’s just a perfect Friday video and it will make you smile from ear to ear.

Lighten up everyone!  (me included)

Breaking the rules never looked so good.  Hmmmm… Maybe… it has something to do with business.  You decide.

God Bless!




Until Next Time…



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When Viral Videos Go Commercial — SUCCESSFULLY!

Posted by John Park on Jul 20th, 2009
2009
Jul 20

Many companies have tried it and most end up spending a lot of money only to fail miserably.  I am referring to professionally producing a video for the sole purpose of making it go viral on the web.  It’s very hard to make something happen in a systematic planned way when it happens most of the time by accident.  I don’t know how much Evian spent on this video (probably a 7 figure project) but they have managed to get a commercially produced video go viral in a BIG way on the web.  As of when I am writing this post, it has been viewed close to 6.5 million times.  Good work Evian!  You give other corporations hope.




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2009
Jul 8

When Time Magazine declared EVERYONE as their person of the year, they had many scratching their heads.  In reality, they were right on the money.  Their tribute to the way an average Joe could create content and empower themselves on the WWW was well deserved.  The flip side of all of this is that businesses must also be aware of the empowering mass media tools readily available to every customer they serve.

As of today, this video has been seen over 250,000 times.  I bet United Airlines wishes now that they had fixed or replaced the poor guy’s Taylor Guitar.  We’ve all been there but now we have free tools to let millions know about it.  Food for thought for all consumer brands.  Social and Viral Marketing needs to be taken seriously.  It’s not just a buzz phrase.  It is very serious business.



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Here’s to the CRAZY ones… Think Different

Posted by John Park on Jun 20th, 2009
2009
Jun 20

Here is an oldie but a goodie.  This is a perfect video for the weekend.  Consider this video my tribute to ALL of you crazy ones otherwise known as entrepreneurs, leaders and those who just dare to think differently.  Enjoy!


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What goes in the box? Why it matters in e-commerce.

Posted by John Park on May 23rd, 2009
2009
May 23

ecommerce shipping box

 
I’ve been working with a number of e-commerce clients lately and this question seems to come up often.  If you’re selling tangible products online, it’s not enough these days just to ship an order in a timely manner.  An online store owner should view the box as another opportunity to market their products.  Just by including the right items in the fulfillment box, you can exponentially increase the chances for a return visit and a follow-up sale.
 
Here are some proven marketing ideas.
 
 
1)  Return Visit Coupon:  Include a coupon code for their next visit.  You can offer a certain percentage off, a dollar amount or something like free shipping.  Be sure to note an expiration date so that you can get the return visit and sale within a few weeks.  And because you’re running an e-commerce store, you’ll be able to easily track usage of these coupon codes.
 
2)  Product Specific Promotion:  Include a brochure or a flyer promoting a specific product.  The promotion should be presented as an exclusive offer with a corresponding coupon code.  This type of promotion should also have an expiration date to generate a quick return visit.  Again, you should be able to track the usage of the coupons easily.
 
3)  Return & Interact for Reward:  Whether it’s for an online survey or to enter a contest, invite them back to a specific URL destination to interact and participate.  When they do this, you will reward them with some random offer or gift.  This method keeps it fun and it allows the visitor to play a game of chance at your web site.  If this method is used properly, you can also collect some valuable marketing research information from their return visit.
 
4)  VIP Access:  Give them exclusive access to a VIP area of your web site.  This would be a web page that could not be found unless you knew the specific URL.  In this area, you can offer special deals or clearance items.  Make the deals outrageous and they will return time after time to check out what deals have been posted to the area.  Don’t be so concerned about only selling these clearance items.  During most return visits, they will also check out the rest of your web site.  Navigation paths should be strategically located throughout this VIP area to encourage navigation to the rest of your web site.
 
5)  Promotional Item:  This is the easy one.  Add some low cost giveaway item.  The hard part will be to include an item that has some relevance to your core products.  There are three questions to ask when determining what to give away.  First, is your product branded with your logo and web address?  Second, how often will it be shown or displayed before your key target demographic?  And finally, how short will the distance be between this giveaway item and your next sale?  For example, let’s say your giveaway item is a mousepad.  The distance between your giveaway item and the next sale which will occur on their computer screen is pretty short isn’t it?
 
6)  Piggy Back:  This is the “you scratch my back and I’ll scratch yours” marketing.  Identify e-commerce partners who sell products that have synergy with your products.  Once you’ve identified these partners, you will include an offer from them in your fulfillment boxes.  And in return, they will do the same for you in their fulfillment boxes.  This is a real win-win situation and it allows all participating stores to be introduced to new potential customers.  From a customer point-of-view, it will be accepted as a benefit because you are introducing multiple offers to them from companies that have close synergy to your products, which they have just purchased.
 
7)  Free Samples:  Depending on what you sell, you might want to consider including free samples along with every order.  The free sample must be accompanied by a specific promotion coupon code for the customer to go to your site and buy more.  Give them a try and then show them how to buy more at a discount.  Just think about Costco’s free food samples.  You’ll be using the same method except it’s in an e-commerce environment.
 
 
Some of you may hesitate to implement any of the above because of your profit and margin concerns.  When analyzing this concern, keep in mind the following.  Whatever the cost may be, I guarantee it will be much cheaper than acquiring a new customer.  This strategy is about maximizing the return from customers you already have.
 
Learn to think in…RESIDUALS.
 
 
Until Next Time…
 



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