Sunday, July 30, 2017

It's a Gift

This is the main question, with what activity one's leisure is filled.

— Aristotle

Judging from friends' Facebook posts, we're amusing ourselves to death.

But that's an illusion.


The fact is, we're working—if we're working—more than ever. Not always by choice, but often.

In Leisure, the Basis of Culture, the philosopher Josef Pieper blamed careerism on our "refusal to accept a gift, no matter where it comes from.”

We've been brainwashed by advertisers to believe everything worth anything you earn, like some goddamn badge. We even treat leisure as something to earn, sharing selfies from our exotic travels like they were medals of achievement.

It's a sign of pride, the worst of the seven deadly sins.

But you don't earn leisure. It's a gift. And it isn't time off to "recharge the battery." As Pieper believed, it is the battery.

"Leisure lives on affirmation," Pieper said.

To be “at leisure” is one of humanity's defining abilities.

You can't really give at work until you're willing to receive the gift of leisure.

Saturday, July 29, 2017

6 Last-Ditch Ways to Sell Out Your Event


If you're not gonna go all the way, why go at all?


― Joe Namath
When events fail to sell out, resourceful producers pull out all the stops.

EventMB recommends these six last-ditch efforts:

Social media buy. Take out ads on Twitter, LinkedIn and Facebook that target locals (drive-ins) with an interest in your topics. Cull your database for locals to help you target the buy, and be sure to keep using free social media to chat up your event. Take advantage of past attendees' testimonials. You'll motivate fence-sitters.

Personalized email. Cull from your database locals who haven’t registered and conduct a drip-marketing campaign. Focus on locals who click through and send them additional emails that concentrate on justifying the cost of the event.

Special offer. Email registrants an offer of a referral incentive, such as "Buy two, get one free." Registrants will feel appreciated and help you. Send sponsors and exhibitors the same offer, to pass along to their customers. Sister organizations may also help you spread the word. You can also promote a contest on social media with free tickets as the prizes. Create a hashtag and ask people to vote on line. Contests, well done, are buzz-worthy.

Streamlined registration. Identify any causes of friction in your registration process and eliminate them―even if it means slaying sacred cows. Last-minute registrations are impulsive, and you don't want to deter prospects in any way. And add prominent copy like "Last chance to pre-register and save" or "Only a few seats left."

Telemarketing. The best way to spur last-minute registrations is to call locals, particularly alumni of past events who haven't registered. They know the value you deliver. (If yours is a first-time event, concentrate on locals who have some relationship with you.)

Retargeting. Retargeted ads can influence sales-resistant locals by making your event top of mind. By becoming ubiquitous, you'll sell out.

Last-ditch don'ts. EventMB warns:
  • Don't offer last-minute discounts rashly; you only signal panic, cheapen your event, and train registrants to wait for deep discounts the next time round. ("Loyal attendee" discounts are okay.)

  • Don't go all-serious. Play up the entertainment value of your event (remember, last-minute registrations are impulse buys).

  • Don't go into hard-sell mode across all marketing channels. Concentrate on the ones above.
     
  • Don't bury your calls to action in your last-ditch promotions. Big, colorful buttons work.

  • Don't refrain from giving free registrations away, if the recipients are influencers who'll add to the prestige of your event.

Friday, July 28, 2017

Magazines against the Wall?


A near-impenetrable wall once separated editorial from advertising.

But with ad-income in decline—and without hope of turnaround—magazine publishers are capitalizing on their editorial prestige to create new revenue streams, says Ryan Derousseau in Folio:
  • Readers of New York trust its writers' recommendations about what's worth buying. So the publisher has started to rake in dough from affiliates via outbound links in the articles on its website. Whenever readers click to a partner's website, money changes hands. The publisher's policy: to plug only products "the editors or writers stand behind.” Affiliate revenue is growing 40% a month, and has inspired the publisher to open pop-up shops at festivals.
  • The Atlantic has become advertisers' digital agency, exploiting its advantage in measuring readers' clicks. Besides audits, the publisher creates and runs entire content-focused, multichannel campaigns for advertisers. The campaigns can include sponsored pieces of original journalism. The in-house agency is the fastest growing division of the company. It expects its revenue to rise 32% this year.
  • Time is licensing its portfolio of brands to retail outlets. Readers can find kitchenware, bed linens, rugs and other merchandise in stores that are branded Real Simple, People, Food & Wine, and Southern Living. Licensed products sold in Dillard's have grown to 110 in two years.
Does monetizing readers' trust in these ways endanger that very thing?
Probably not.

Audiences are so used to paid sponsorships, they give them no thought.

Nobody turned off the last NCAA Tournament because every other player's jersey has a Nike swoosh. James Bond's Omega watch didn't prevent Skyfall from becoming a box-office smash. Mentions of the Peninsular and Oriental Company in Around the World in Eighty Days didn't stop Jules Verne's novel from becoming a classic. And Esquire readers ate up David Ogilvy's take on oysters for Guinness.


Thursday, July 27, 2017

Demand Gen Demands Focus



Lead gen (scattered) differs from demand gen (focused).

Demand gen identifies your best prospects, hooks them with content, and converts them into buyers.

It takes focus to pull it off, says Michael Brenner, CEO of Marketing Insider Group.

Here's Brenner's formula:

Step 1. Target your prospects and offer them premium content and giveaways through a variety of channels. Test e-books, white papers, infographics, videos, podcasts, free trials, and free apps. Test influencer marketing at this stage, as well. "With every download, sign-up or other customer action, you’ll gain insight and have a better idea of which segments are interested in what and why," Brenner says.

Step 2. Help prospects form an intimate connection with your brand. For this, try Webinars, contests, and events. "This tactic serves to invite the customer into a more committed brand-customer relationship."

Step 3. Now that you’ve identified your best quality leads, customize your marketing communications. "Hopefully, you’ve managed to collect some extra customer info along the way with survey questions and feedback requests to help firmly establish your buyer personas and clearly understand each segment’s pain points," Brenner says.

Step 4. Keep the customized content flowing. "It is the tailored, worthwhile content that will convince your vetted leads to follow you along until a purchase is made." Don't forget the continue testing different offers.


Step 5. Engage and delight your new customers through social media and email. Make sure they know about your new products, promotions, and content. "Meanwhile, your inbound marketing is working on gathering your next pool of prospects, ready to be identified, evaluated, thinned, and segmented."

Concentration is key.

"This approach does require a concentrated, ongoing effort to stay focused on your quality leads and customer retention," Brenner says. "But, as the nurturing process continues, relationships build, bonds thicken, and your pool of the highly qualified swells."

Wednesday, July 26, 2017

How to Refine Your Retargeting


Retargeting yields B2B marketers stronger results when linked to precise goals, says Demand Gen Report.

Retargeting experts insist the technique should not be considered a marketing channel unto itself, but a tactic that can reinforce other channels such as social, email, direct mail, telemarketing, and face-to-face.

An account-based approach to retargeting (limiting your ad targets to a list of prospects at specific companies) also boosts results.

"With an account-based approach, companies can identify the accounts that can have the biggest impact on their business and focus retargeting on those companies," says Peter Isaacson, CMO, Demandbase. 

That approach lets marketers personalize retargeted ads based demographics like industry and company size, and on product interests.

Retargeting should also be linked to speedy follow-up by salespeople.

"Too often, marketers focus on ads only," Isaacson says. "But to drive business metrics, you want to make sure there is triggering sales activity. This includes triggers to bring in sales development reps and account development reps to get involved and tie these initiatives to potential bottom line revenue."
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