Archives for November 2015

Inbound vs Content Marketing: Keeping the Dogs in The House

Inbound vs Content Marketing: Keeping the Dogs in The House

The distinction between inbound and content marketing is an important one because they are too often considered to be one and the same.

While both disciplines are often misunderstood, the word inbound clearly describes the primary purpose of inbound marketing: Attracting leads.

In other words, the focus of inbound marketing is filling the funnel.

What then is content marketing? According to the Content Marketing Institute:

“Content marketing is a strategic marketing approach focused on creating and distributing valuable, relevant, and consistent content to attract and retain a clearly-defined audience — and, ultimately, to drive profitable customer action.”

How to Keep the Dogs in The House

As a young salesperson fresh out of college, I could relate to an expression my sales manager often used. He said, “It’s not easy keeping all of the dogs in the house.”

He meant converting leads into buyers and then retaining them as customers is an ongoing challenge. We all know this to be true because prospects and customers will always act in their best interests. For those actions to be mutually beneficial, relationships must be nurtured.

One of the reasons inbound and content marketing are often considered the same is they both use similar tactics at the visible lead attraction stage. What happens after that often sets the two apart.

If you doubt this, simply subscribe to any site that offers an ebook or free report and observe. What happens next should feel right, like a sense of belonging that supports your decision to sign up.

Inbound marketing can feel like traditional marketing after the lead attraction phase because there is often a noticeable shift to conversion. The messaging may indeed contain valuable content, but its value is progressively diluted by the seemingly endless interruptions.

As a result, the dogs get angry and leave the house (unsubscribe).

In contrast, content marketing seeks to add value to every single stage of the buyer’s journey, with the better content marketers understanding the duration of that journey is buyer dependent.

If attracting leads is important to your small business, both inbound and content marketing can help. Yet, without a strategic content marketing plan, only a fraction of those inbound leads will become longstanding customers.

Instead of ramping up the automation sequence to increase conversions, a better approach is strategically feeding the dogs. Focus on providing more valuable content where it is needed most, and that is throughout the buyer’s journey, and the customer experience that follows.

That’s content marketing.

I’d love to hear your thoughts on inbound vs content marketing. Meet me over on Twitter to take the conversation further.

About the Author:  Jeff Korhan, MBA, is the author of Built-In Social: Essential Social Marketing Practices for Every Small Business and host of This Old New Business podcast.

He helps organizations use media to create exceptional customer experiences that drive business growth in a digital, social and global world. Connect with Jeff on LinkedInTwitterFacebook, and Google+

Magnetic Marketing: The Art of Attracting Business

Magnetic Marketing: The Art of Attracting Business

This is Episode 57 of This Old New Business weekly business podcast with Jeff Korhan.

In this episode, Joe Calloway discusses how every company can apply the concept of magnetic marketing to winning more business by learning to leverage what its customers say about it. According to Joe, “The single most powerful force for growing a business is word-of-mouth.”

A repeat guest on This Old New Business, Joe Calloway is a speaker, business author, and is the Executive In Residence at Belmont University’s Center For Entrepreneurship. Joe helps entrepreneurs and owners improve performance and grow their businesses.

Simplify How You Define Customer Success

Magnetic Marketing: The Art of Attracting Business One of the reasons companies fail to attract new customers is not knowing with clarity what a successful relationship with their customers looks like.

Joe Calloway challenges businesses to simply. He recommends learning to focus on the three most important things in your business, that if you master them, you will win. For Joe personally, this includes doing great work, being incredibly easy to do business with, and striving for an amazingly fast response time with all business matters.

Magnetic marketing is not what the business has to say, but what customers and influencers are saying that matters most. According to Calloway, “Your existing customers should be driving a never-ending stream of new customers and new revenue to your business.”

If you think of marketing as something your business does to promote its products and services, you should listen to the examples discussed in the audio. A snowboarding start-up that Calloway advises, Gilson Boards, uses the slogan: Your board doesn’t exist yet. It’s a reflection of the magnetic marketing premise that your work is your marketing. 

When you get that right, your customers do your marketing for you.

I’d love to hear your thoughts on magnetic marketing. Meet me over on Twitter to take the conversation further.

Key Take-Aways

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About the Author:  Jeff Korhan, MBA, is the author of Built-In Social: Essential Social Marketing Practices for Every Small Business and host of This Old New Business podcast.

He helps organizations use media to create exceptional customer experiences that drive business growth in a digital, social and global world. Connect with Jeff on LinkedInTwitterFacebook, and Google+

Authentic Speaking: How To Master Every Stage Performance

This is Episode 56 of This Old New Business weekly business podcast with Jeff Korhan. If you have struggled with the concept of authenticity, then this podcast episode is for you. Michael Port discusses why authentic speaking is misunderstood, and how taking action on your objectives helps you to achieve greater clarity. Michael Port has been called “an […]

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Build an Audience with Podcasting in 2016

If you were starting today, would you choose podcasting as the primary channel for building an audience to support your business? Before you answer, first consider the relevant qualities of the various media channels, such as websites, blogs, newsletters, and social media. #1 – Ownership – You either rent or own it #2 – Audience […]

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Digital Innovation: How Millennials are Redefining Work

This is Episode 55 of This Old New Business weekly business podcast with Jeff Korhan. In this episode, listen in as we have an interesting conversation with speaker, author and podcaster Ryan Jenkins about how to better lead, communicate, engage, and market to the Millennials and Generation Z (the post-Millennial generation). The Boundaryless Generation More than technology, it […]

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Intentional Selling: How to Plan for Sales Productivity

This is Episode 54 of This Old New Business weekly business podcast with Jeff Korhan. In this episode, we chat with international selling expert Mark Hunter to discuss how intentional selling results in greater sales productivity. Mark Hunter is known as “The Sales Hunter” because of his global reputation for helping sales teams and sales professionals find better […]

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