Archives for March 2016

Marketing Systems: How to Take the Actions that Get Results

Marketing Systems: How to Take the Actions that Get Results

This is Episode 68 of This Old New Business weekly business podcast with Jeff Korhan.

David Newman is a nationally-recognized marketing systems expert and author of the Amazon #1 bestseller, Do It! Marketing: 77 Instant-Action Ideas to Boost Sales, Maximize Profits and Crush Your Competition. He runs a marketing and training firm dedicated to helping speakers, authors, consultants, and high-fee experts maximize their influence, impact, and income.

David’s instant-action marketing advice has been featured and quoted in The New York Times, Fortune, Entrepreneur Magazine, and hundreds of media outlets throughout North America.

Be Sought After for Your Expertise

Marketing Systems: How to Take the Actions that Get Results David Newman is the creator of the Do It! model for helping people become an expert that is sought after, as opposed to a generalist that is a commodity. You have probably figured out that Newman’s approach is about taking action, and it is.

The key is taking the right actions that lead to desired results. By setting results aside to focus on process steps it becomes much easier and enjoyable to build the habit of making progress that will eventually be rewarded. Here’s how David Newman breaks it down.

Define

Know who you are, what you do, and who you do it for before going to market. In addition to that, take a stand and let that come out in your marketing voice. As David Newman says, “You can be any flavor you want as long as it’s not vanilla.”

Organize

This is the heart of your systems orientation. You have to be clear about what you do – and do not do. By definition, this means you cannot add anything without taking something away. When you know the actions you will consistently take, you will find your natural flow for implementing them.

Implement

In a nutshell, David Newman says you have to figure it out and make it happen. That’s it. No excuses about lack of time or resources or anything else. Entrepreneurs figure things out and get them done. This is what it looks like for managers and team members: Who is going to do what and by when?

Track

There are leading and lagging indicators. Most of us like to track lagging indicators like gross revenue and profits. But it’s the leading process indicators that guide the achievement of results. Leading indicators include activities like completed sales calls, published articles, or product shipped.

You may have figured out by now that the first letter of each stage in David Newman’s marketing systems model spell his DoIt! brand. That makes it that much easier to remember and put it into practice. Good luck.

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

Key Take-Aways

  • “Market your smarts.” This is David Newman’s insider marketing tips is brilliant. He says this means you do not tell them, you show them. This is especially true for your social media marketing.
  • Learn more about David Newman and get free marketing resources, tools, and downloads are waiting for you at DoItMarketing.com

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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+

Winning in The Subscription Economy

Winning in The Subscription Economy

“In order to draw meaning from an example it doesn’t have to be from your world.”Malcom Gladwell

Mind Blowing Facts

Amazon, Facebook, Google, and Apple have a combined market cap (total market value of outstanding shares) of approximately $1.72 trillion US Dollars.

This equates to the GDP of Canada, thereby making them collectively equivalent to the 10th largest country in the world. Think about that for a moment.

These companies have one thing in common: Their business models are designed to capitalize on subscription relationships.

The good news is you can learn from their respective business models how to make your small business a winner in the subscription economy.

Amazon: A Retail Buying Subscription

Thanks to its Prime subscription product, Amazon controls 43% of all eCommerce worldwide. The roughly 10 billion US Dollars Amazon generates with Prime subscriptions pales in comparison to the revenue it generates from buyers with a subscription discount mindset.

Facebook: A Social Subscription Community

Everything Facebook does as a  free membership community is designed to learn as much about our behaviors as possible. Then it monetizes that data with advertising. The reason this community remains free is the users are the product advertisers are paying to reach.

Google: A Subscription Identity Service

YouTube, Contacts and Docs (Drive) are just a few of the many free Google subscription services that collectively establish your online identity. Paradoxically, the more Google knows about you the better it can serve you with these services, while also better serving the advertisers willing to pay to reach you and people with similar identities.

Apple: A Subscription Experience

We think of Apple as a company that sells innovative products, and it does that exceptionally well because it is intensely focused on guiding your subscription experience with its products and services. This is why there are just a few product choices available from selected retail outlets, and why Apple now offers economic incentives to rent rather than own your next iPhone.

Your Digital Subscription Communities

One of the reasons blogging is not what it used to be is that when Google killed Google Reader many people stopped using RSS to subscribe to blogs. Smart businesses took notice and shifted to email subscriptions to deliver their content and marketing messages.

Start thinking in terms of digital subscription communities. You will realize that email newsletters, podcasts and membership sites are opportunities for capitalizing on the subscription economy. I’ll be using all three and more at Landscape Digital Institute.

That brings us to how you can monetize your digital subscription communities. This could be with advertising like the big dogs, or more likely the sale of your products and services.

Personally, I like all three for different reasons. We’ll discuss this further in a future episode of This Old New Business Podcast.

Are you a lawn or landscape or related green industry professional?

Consider joining our free Landscape Digital Institute community to discover relevant resources, tools and training on all aspects of digital business, selling and marketing

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

About the Author:  Jeff Korhan, MBA, is the author of Built-In Social 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+

Get Motivated: How to Turn Setbacks into Success

This is Episode 67 of This Old New Business weekly business podcast with Jeff Korhan. Dr. Willie Jolley is the host of the #1 motivational radio show on SiriusXM Radio, The Willie Jolley Wealthy Ways Show. He is also a hall of fame speaker and author of a number of bestselling books, including It Only Takes a Minute […]

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Podcast Guest: How to Be the One that Gets Invited Back

This is Episode 66 of This Old New Business weekly business podcast with Jeff Korhan. Mark Sanborn is a hall of fame speaker and author of the international bestseller The Fred Factor: How Passion in Your Work and Life Can Turn the Ordinary into the Extraordinary. His expertise on leadership, team building, and customer service has been shared […]

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Google Analytics: How to Build Better Website Traffic

This is Episode 65 of This Old New Business weekly business podcast with Jeff Korhan. In this episode, we continue the conversation we started with Andy Crestodina on how to use Google Analytics to improve website SEO. Mike Gingerich gives us the essentials that small businesses need to use Google Analytics well to learn about the visitors interacting […]

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