Why Newsletters Are the New Cover Letters for Growing Your Customer Base

Newsletters are an effective way of keeping your customers up-to-date with what’s happening in your business. Moreover, newsletters can not only help you maintain your current customer base, but they can also help you grow your customer base too. So without further ado, ITB Partners reveals how to create a memorable newsletter or newsletter sequences to captivate your audience’s attention.

Tips for growing your email newsletter

Thanks to modern technology, there are many ways to grow your email database, from gated content to opt-ins to pop-ups to giveaways. There are many ways to grab and hold your audience’s attention – until the next newsletter, that is.

How to create a buzz with the newsletter the first time around

Perhaps you’re at the beginning of creating your newsletter sequence, and you’re wondering how to create an impactful newsletter that your audience will really take notice of. In essence, the most successful newsletters will comprise any of the following elements, which include:

Create an entertaining subject line

Your subject line will need to stand out at first glance, so it best must be entertaining and speak to the needs of your audience by addressing a certain pain point, for example. 

Storytelling

No one has the time these days to read long-drawn-out, boring newsletters that don’t really serve a purpose. Rather, when you incorporate storytelling into your newsletters, you can create a personable story that people can relate to. This is made even better when you are able to add any other relevant information that people might not know about your brand to make your newsletter that much juicier. 

Make it irresistible

One of the main points of creating a newsletter is to show customers that you appreciate them taking time out of their day to read your newsletter, which is why you should usually offer them something in return for doing so. Click To Tweet

It should be brief

Brevity is key here if you want to hold the attention of your audience. Again, the times we are living in are busy, so we should be doing our best to accommodate the limited time that most people do have by making sure newsletters are as short and succinct as possible. 

Remember a Call to Action

Your call-to-action will drive customer sales, so don’t forget to include it in your pitch, whether it’s to sign up for your next exclusive offer, take advantage of a coupon offer, or ask them outright to sign up for exclusive discounts, benefits, and more. 

Designing your newsletter from scratch

Of course, you want your newsletter to be able to read nicely in terms of its flow and readability. An email marketing platform can help provide you with a basic template. But then you’ll need to add in something special of your own so that your newsletter doesn’t seem so standardized. For example, suppose you want to add a few images to your newsletter, but the backgrounds aren’t to your liking, then you can try an image background remover to remove them from your chosen images swiftly and easily. All you need to do is upload the image and edit it as needed, then insert it on your email template where you want it. 

If you want to improve your marketing strategy, then newsletters should be an important component of this. You’ll surely boost your brand’s online presence and gain a loyal following.

Image via Pexels

Thank you for visiting our blog.

 

Jim Weber, Managing Partner – ITB Partners

Jim Weber – Managing Partner,  ITB Partners

I hope you enjoyed our point of view and would like to receive regular posts directly to your email inbox.  Toward this end, put your contact information on my mailing list.

Your feedback helps me continue to publish articles that you want to read.  Your input is very important to me, so please leave a comment.

48 Local Marketing Strategies

Local Marketing – 48 Proven Strategies

Photo Doug Reifschneider
Doug Reifschneider

Download the eBook to learn about the 48 proven strategies for success for local marketing.  For example, the eBook can be used as a reference manual.

In other words, it can be useful for CEOs, CMOs, franchisees, operators, and “Mom & Pop” owners of brick & mortar operations.  Several of the 48 proven strategies for success are useful for service area operations such as home services.

How to use this eBook

As the CEO of a multi-unit operation, you could download the eBook and give it to your operations and marketing teams.

For example, if you are the head of marketing for a multi-unit brick & mortar business, you could use it for ideas and ways to challenge your team.

And most importantly. if you own a brick & mortar business or are the franchisee of any retail or restaurant chain, use the 48 proven strategies for success to augment the marketing tactics your franchisor provides.

What is local marketing?

Local marketing is marketing to the people who live and work in your trade area and have a propensity to buy your services and/or offerings.

Local marketing used to be simple.  To market your business in a local area, business owners used to join the local chamber, send direct mail postcards, buy a yellow-pages ad or perhaps even walk the trade area to introduce themselves to other local businesses, schools, banks, etc. in the neighborhood.

One of my favorite stories is about a small business owner who had the misfortune of being located in a strip center with two other businesses that sold the same wares. The store on the right advertised that they were having a sale, and everything was 10% off.  The store on the left followed suit and put up a banner that said everything was 15% off.  What was our owner to do?

He also put a banner over his front door that said:

MAIN ENTRANCE

Store Front - Enter Here
Which door would you enter?

Examples:

    • #2 is how to optimize your Google My Business (GMB) page
    • #8 explains the importance of email marketing
    • #22 how to use local service ads for service-area businesses
    • #31 about how direct mail still works
    • #37 explains how to deal with the constant request for donations
    • #40 on how to use various kinds of signage to promote your business

Click on the link to download the eBook.

https://contact.chiefoutsiders.com/local-marketing-ebook?_ga=2.267839182.1160848343.1617814085-1667217537.1617814085

Doug Reifschneider is a partner with ITB Partners and a CMO with Chief Outsiders.

ITB Partners is a consortium of seasoned professionals.  whose business is your success. To see Doug’s ITB Partners profile, click the link below.

https://www.itbpartners.com/partners/the-team/doug-reifschneider/

In addition to ITB Partners, Doug works as a fractional CMO with Chief Outsiders. Chief Outsiders is the largest fractional CMO firm in the USA. As a result, Chief Outsiders is home to  75+ chief marketing officers who specialize in helping small to mid-sized companies grow.

https://www.chiefoutsiders.com/profile/doug-reifschneider

What is Your Super Bowl Commercial?

The NFL sent this football to every high school in America where one of their former students had played in a Super Bowl. I was privileged to receive a phone call from the principal of Hardaway High School, Matt Bell letting me know he had just received this from the NFL. I was not aware the NFL was doing that. This was sent prior to Super Bowl L (50).

Each year, following Super Bowl XIII (13), I reflect on my experience of the game and how much my life has changed over the years. Yes, they are getting ready to play Super Bowl LIV (54). I do not even like to do that math anymore, 54-13= “I cannot remember”. It is better looking at it in Roman numerals rather than years…..

I now look at the Super Bowl more like an out of body experience, almost not believing I got to play in a Super Bowl game.

Inevitably, my mind always moves back to the business of the game, the financial impact the game has on the city where each Super Bowl is hosted and more importantly the Super Bowl commercials.

No one cared much about Super Bowl commercials in those early years. The cost for a 30-second ad in Super Bowl I was $37,500 dollars. In Super Bowl XIII, it was $185,000. Today, it is $5,600,000 which is not that much money if you say it fast as my father used to say.

This is a pretty good investment of money for 30 seconds of airtime. Speaking of saying it quickly, that is only $186,000 per second.

The interesting thing about this is that is just the cost of air time. That does not include the cost of production of the commercial itself, which could be a million or more dollars. Now, you are talking about serious money for getting your message to an audience of more than 115 million people.

Fox Sports and the Fox Brand will make a significant haul this weekend. The final estimates are close to $550 million dollars in pre-game, during the game and post-game commercials.

The game is always the draw for the fans and sponsors. The halftime show is now an ‘over-the-top’ experience each year because each entertainer or entertainers wants this to be a statement for themselves. Justin Timberlake and Janet Jackson made a statement a few years ago that everyone still talks about.

The commercials are a show in itself. Every company that buys an ad is making its own statement. A statement about their product they are promoting but also how the company can connect with the audience. The number one commercial is the Mean Joe Green commercial, which we all remember that is was a Coca Cola ad featuring one of the toughest football players with a young fan when the fan offered Mean Joe Green his Coca Cola in one of those twelve-ounce bottles. Mean Joe turned it down as he was limping to the locker room. The fan was persistent and Mean Joe finally took his offer and swallowed the entire bottle in one swig. As the fan turned away, Mean Joe turned around and said. hey kid, here catch”, offering his game-worn Pittsburgh Steelers jersey. The kid was elated. That commercial was aired in the 1980 Super Bowl and it is still the number one commercial.

There have been plenty of bad commercials as well. The worst and I would bet no one reading this will remember it. But, Nationwide, a company and brand that hardly ever makes a mistake made a big blunder with this one. Nationwide showed a child, that had died, promoting their life insurance, that this child would not get to experience the Super Bowl or anything else because of his premature death. The commercial bombed and Nationwide apologized to the world for its’ mistake.

The interesting about each Super Bowl game, halftime and commercials is the experience and for those whose team is in the game, they remember every element. For the average fan, which I am today, is more about the entertaining element. I always watch the commercials because of the advertising value and the education I receive as I analyze each commercial.

My question to each company, each CEO, every salesperson, and even every CFO is this. What is your Super Bowl commercial? More importantly, what is the value of your Super Bowl ad?

Almost every time I ask someone about their Super Bowl commercial, I am immediately met with the response, “oh, you mean my elevator pitch”. NO, I am not talking about that. An elevator pitch is 30 – 45 seconds as you ride up an elevator or at a bar or cocktail party. An elevator pitch needs to be a quick intro of you, the name of your company, and the product you sell and a one-sentence statement about something unique about you, your company or your product. Nothing more. The next statement out of your mouth needs to be, ” and how about you?’. This does not matter if you are Ain an elevator, a bar trying to score points or at a cocktail party where very few people really care who you are or what you do. Am I right?

No, your Super Bowl commercial is much different than that. Here is the best news of all. When you ask a prospect to lunch, have a 30-minute meeting scheduled or even a scheduled introductory call, you have about five minutes to get your guest to engage or the worst fear of all is to have your guest, also known as your next best prospect, check out of the conversation. We all know when it happens.

I once had a competitor come up to me at a cocktail party, he was trying to make a point and try and shame me, and make a bold statement in front of a few of his friends. He said, “I bet that ring, pointing to my Dallas Cowboys Super Bowl XIII NFC Championship ring, gets you in a lot of doors. I quickly said, to his embarrassment, You know, John, you are right. It has gotten me in a few doors. But, you know what else, it has not kept me in a single one”. He quickly departed because he knew I had kicked his butt on a few deals he desperately needed.

What did I mean by that? I was referring to my Super Bowl commercial. Yes, I have guys and gals ask me about my sports background. The people who know me also know I do not wear that on my sleeve or speak about it unless asked. After the normal pleasantries. your guest, also known as a prospect, is more interested in how you can help them or their company. Everything else is a waste of time.

My Super Bowl commercial is always about three to five minutes long, well written, practiced over and over, and delivered as if I was on TV in front of a national audience. The best news of all is that it does not cost me millions to prepare, nor millions more to air on TV. This is my story, my moment to share this story and a very short attention span of my guest or prospect.

Please do not think of this as an elevator pitch.

This is also what you want to use during a job interview, an approach to the opposite sex, your boss asking for your next raise or for the guys when you ask your potential father in law for his daughter’s hand in marriage.

Let me say this could be construed as a “sales pitch”. Yes, it could be that. But, I believe it is much more than that. For the CEO, who may read this, this is something every single person in the company should be able to state when they are out in the public eye. I believe that every person, employed by a company, represents that company no matter if they are at a cocktail party, at a sports game, other social events or even a family reunion.

As you watch the game this weekend, it will be a great game, enjoy all the three elements of the day. The game, halftime and the commercials. Especially the commercials. Put yourself in the shoes of the executive and the creative staff that is anxiously waiting for their commercial to air. Will it one a hit? Will it bomb? Will they remember which company made the ad? Will it generate more sales. An investment of $7 million dollars to tell the world who you are or why your company is the bomb, your job could be on the line.

More importantly, when you call in sick on Monday, more than 1.5 million of us will, sit down and write out your Super Bowl commercial. It will not cost you seven million. But, it could make you seven million. The next job, the next few sales or even the next promotion could earn you millions. It has worked for me.

Let me conclude that putting together a Super Bowl commercial, that becomes a game-changer for a company, is hard work. So it will be to create your Super Bowl commercial. You may do this for you personally, your company to use for every salesperson or every employee as they represent you in the public square. Mr. or Ms. CEO. every person in your company is in sales whether you now or even believe it.

If you would like help in creating your Super Bowl commercial, send me a note. You can reach me at robert@mympb.com. I teach people how to fish, so they are fed for life. If you want to join our team send me a note as well. If you are a CEO and want to learn how to get your entire team to act as a part of your sales team, I would be happy to have a call as well. Life is fun. Learn to enjoy the journey.

Robert H Steele

Robert Steele has 40 years of Insurance, Employee Benefits, Healthcare, and Technology experience as a sales and marketing executive. Robert’s biggest asset is his ability to take companies in transition and turn them around when sales, marketing or product development was causing financial or operational bottlenecks.

 

 

 

Thank you for visiting our blog.

I hope you enjoyed our point of view and would like to receive regular posts directly to your email inbox.  Toward this end, put your contact information on my mailing list.

Your feedback helps me continue to publish articles that you want to read.  Your input is very important to me so; please leave a comment.

Jim Weber – Managing Partner, ITB Partners

 

 

3 Reasons Why Your Firm Needs a Podcast – Profit from the Power of Podcasting

Written by Artie Ruderman, CEO, InnovativeGrowthSolutions

 

1 Age of Content: Be Heard & Establish Your Brand

Do You Have a Growing Problem?

Most businesses depend on new business from existing clients and need to acquire additional clients to thrive.  Aggressive marketing along with advances in technology and innovation has enabled competition to encroach upon your company’s product and service offerings making developing new business more challenging.

 

 

Value-Based Selling

Best practices for developing business has evolved; 82% of shoppers conduct online research before buying.1  Unlike the two traditional sales methodologies, ‘Selling’, where a salesperson tries to push prospects to make a purchase or ‘Marketing’ which tries to pull prospects to make a purchase, ‘Value-Based Selling’ attracts purchasers by imbuing the reasons your company’s products and services are valuable to them.

 

Podcasting Establishes Your Business has Value

A podcast with compelling content triggers three purchaser qualifiers: ‘Know – Like – Trust’.  A podcast that offers solutions to a prospect’s business issues or enhances their lives connects your company to its target market, increases brand recognition, develops a relationship and establishes your brand as an industry authority.

 

 

Interesting Facts

  • Podcasting started in the 1980s and was known then as ‘audio blogging’
  •  In 2004, the term ‘Podcasting’ started as a blend of iPod and broadcasting
  •  Sale of pro microphones will grow 50% by 2021 (Futuresource Consulting report: 11/22/17)

 

 

2 Podcasting Levels the Competitive Playing Field

Podcasting is Easy and Economical

Recording a podcast is less complicated and less expensive than producing a video.  You can simply talk into a smartphone and upload it to YouTube.  If you would like to have a professional production, consider recording at a podcast studio that can enhance the sound quality and provide studio services such as editing – voice-overs – jingles and more.

 

Be Heard & Increase SEO

In addition to posting your podcasts on your website, LinkedIn company profile, and social media, expand your connections by linking your podcasts on popular listening networks like Stitcher – iTunes – Spotify & Google Podcast.  To increase opportunities to be heard, ask a podcast studio if they can distribute your podcasts on syndicated channels like IHeartRadio.

 

A Primer for Producing Your Own Podcast

  • Craft Content of interest to your target market
  • Your Podcast is your firm’s Digital Voice – Imbue it with your company’s personality
  • It can be formal or folksy like Southwest Airlines

Tips for Professional Production:

  • Editing & individual microphone sound enhancement
  • Voice overs / intros – outros / jingles
  • Have a show host & guests who are clients, prospects, industry executives & authorities…
  • Distribute to networks to be heard by prospects outside your connections

 

3 Podcasting is the Media of Choice Today 

The Age of Content

Anywhere you are out and about, the chances are you will see people interacting with their smartphones.  Just as you are reading this article to leverage what you can learn about podcasting; they are also seeking content to learn or be entertained.

 You Can Listen to a Podcast

There are a plethora of marketing options on the internet: email blasts / blogging / videos / vlogging, however, they all demand your visual attention.  Podcasting’s popularity can be attributed to the fact that you can listen to a podcast anytime and anywhere; in a coffee shop or performing a multitude of pursuits; driving, running, walking the dog, mowing the lawn…

 

 

Statistics Worth Knowing*

  • 62 million people listen to podcasts weekly, a 17% increase in 2018 over 2017*
  • Facebook had 15 million fewer users in 2018 than in 2017
  • 45% of monthly podcast listeners have a household income of over $75K
  • 27% of US podcast listeners have a 4-year college degree vs 19% for US population

 

*2019 Podcast Stats & Facts posted by Podcast Insight with credit to Updated stats: Edison Research                  

                 Infinite Dial 2019 released March 6, 2019.  Q1 2018 report from Nielsen, March 20, 2018.

 

 

 

1: As reported in Forbes: New Research Shows Growing Impact of Online Research on In-Store Purchases, by John

Ellett, Feb 8, 2018 credits report from The ROBO Economy (Research Online Buy Offline).

 

A Podcast based on this article can be heard at ProBusinessChannel.com.

To learn more about podcasting or booking a studio visit: www.GlobalPodcastStudios.com.

 

Artie Ruderman is the CEO of  InnovativeGrowthSolutions, a fractional corporate & business development company and Business Director at Pro Business Channel, an internet broadcast network & parent company of Global Podcast Studios

 

 

Thank you for visiting our blog.

I hope you enjoyed our point of view and would like to receive regular posts directly to your email inbox.  Toward this end, put your contact information on my mailing list.

Your feedback helps me continue to publish articles that you want to read.  Your input is very important to me so; please leave a comment.

Jim Weber, Managing Partner

ITB PARTNERS

Jim.Weber@itbpartners.com

Author of: Fighting Alligators, Job Search Strategy For The New Normal

 

 

Communicate Like a Fortune 500 – 6 Lessons For Start-Ups

By Sebastian van der Vegt, Untold Communications

Thanks to a booming economy, the start-up scene is thriving.  Co-working places everywhere are full of entrepreneurs with innovative new ideas, taking advantage of a digital economy that is providing unparalleled opportunities, the likes of which the world has never seen before.

Yet, statistics remind us of a sobering number.  Among start-ups that manage to attract outside funding, around 70% never make a profit.  Over half of all companies don’t even make it past their 5th year.

So how do you beat these miserable odds?

The answer is that it’s not simple.  You need thick skin, a strong mind, a lot of determination and not just a little bit of luck.  But you can greatly increase your odds by creating an awesome communications strategy and narrative.

By strategy, I simply mean the purposeful use of communication to fulfill your mission – the right message/content, to the right target audience, at the right time using the correct medium/messenger.     Done right, it will inform investment decisions, win over potential clients and investors, and position a company for long-term growth.

Sounds like a no-brainer, but it’s not.  Most start-ups have a business plan, a financial plan and even a basic marketing plan to establish an online presence. Very few have a sound communications strategy mapped out.  In fact, among the start-ups that I’ve come across, I’ve yet to find one that had thought about this.

Some start-ups do decide they need good ‘PR’, usually after about six months to a year into their existence, but they often do it for the wrong reasons, or with little or no strategy.

Just last week, a prospective client asked me if I knew any journalists. “Of course, I do” I answered, “I know plenty,” but explained to him that it’s really the wrong question – see point 5 below.

Initially, most small companies also rely on communications and marketing themselves.  After all, they can write, sell and know their product better than anyone.  Thanks to a wide variety of new digital tools, everyone also has access to inexpensive solutions that help you build a website, post blogs, send mass emails, or do basic marketing.

Being an entrepreneur naturally means they should take advantage of these new tools. But there is a reason that large, successful companies spend millions on communications and marketing, and smaller companies would do well to adopt some of these same lessons.

So here are 6 of my favorite lessons that I learned while working at a fortune 500 company, that could benefit any start-up:

  1. Starting with why is not enough

Most start-ups will have been advised to start with why (thanks to Simon Sinek).  It’s a good start, and better than only talking about what you do, but it’s not enough.

The why is only part of the ‘context’ – which should include why you exist, what problem you are solving for your customers, what gives you the authority, and, implicitly, ‘who’ you are targeting.

Tell the story of how and why you were founded.  If you can, try to make an emotional connection in the delivery, it will make for an audience that is a lot more engaged.   Extra bonus point for telling the story of how you are helping your customers achieve success.

  1. Explain what you do in a few words

Any idea worth its time should be told in a natural way, in plain English, in less than 15 seconds.  It’s more difficult than you think.  For most, this will mean forgetting all the technical language they are accustomed to.  It also means forgetting that 100 other companies make similar claims.

Too many start-ups try to differentiate themselves unnecessarily through complex wording or technical capabilities to prove that they are special.  My advice: differentiate yourself through the way you fulfill a need and address a problem for a segment of the market, in a way that a prospective customer would easily understand.

  1. Include strategic communications in your business plan

A great business plan will benefit enormously from a great communications strategy.

That means that if you need to find software engineers to power your start-up, you need a strategy to boost your brand with the local university.  Go give a lecture, a seminar, or sponsor a hack-a-thon.

It means that if you’re trying to get teachers to use your product in the classroom, you need the right language, the right content and the right medium to reach them.   Partner with a teaching website or school district to give your company message.

It means that if you’re taking on a dominant competitor, be provocative – you don’t use ‘safe’ language that a multinational would use.  Stand out by differentiation, and by not being afraid to ruffle some feathers.

I could go on, but you get the point.

  1. Fit the message to your audience.

While a company ‘boilerplate’ with standard messaging is a great tool to have, you’ll need to adjust your messaging depending on the audience.  One size does not fit all.

Building on point 3, identify your top 5 stakeholder groups that are critical to your growth and write down the key message points and language you would use to communicate and win over each audience.  Once you’ve done that, you can identify the channels/materials in which you can best reach these groups.

This again sounds like a no-brainer, but the discipline of this exercise will help everyone stay on message.

  1. Own your space.

Many start-ups will look for a silver PR bullet.  A write-up in a newspaper, a listing on a top 100 of hot start-ups, a mention on TV.  Great – this may work for you if your story is there and you have something new or interesting.

For most start-ups, their story is not (yet) of interest to receive what we call ‘earned’ media, and they are much better off building their brand in the ‘owned’ space.  This means writing blogs in a medium that you own; it means building a kick-ass website and content across different social channels; it means writing a regular newsletter and industry content for trade magazines.

Often overlooked is physical space – most companies own assets.   You can also consider ‘shared’ media; using your content in partner owned channels can be a win-win.

Point is, start-ups have many options other than selling their story to journalists or buying advertising.

  1. Be authentic & address your purpose

Audiences smell bull-sX#! from a mile away.   In a world where we are bombarded with information and polished content, presenting the real, authentic you is a competitive advantage.  Make sure you tell your story in a way that is compelling, with proof points that are real and relatable.  Also, remember to include a vision that is purposeful and that has meaning.

The company vision is where communications strategy and company strategy really meet.  Why does your company exist? What’s the ultimate goal?

The most obvious and easy answer is, of course, to sell more products & services, but try to dig one level deeper to think in terms of benefits to society. It will not only help focus your company, but it will help motivate your employees, attract investors and ultimately help improve your sales.

 

After spending years working with some of the biggest brands in the world, I love helping smaller companies achieve their goals and vision. It’s one of most rewarding aspects of my new role after leaving the corporate world behind.

That’s not to say they don’t have their own set of challenges; many don’t have revenue yet, lack good time management, have strong opinions, operate on limited budgets, and present solutions in search of a problem.

Yet, despite all of this they’re still my favorite clients (with apologies to my corporate clients).  Quite simply, having a great communications strategy for start-ups can make the difference between failure or success – it’s that critical.

On my next blog, I’ll focus on the basic difference between good and great marketing.  Until then, I look forward to your feedback.

Sebastian Van Der Vegt is the Managing Director of Untold Communications in Atlanta A native of the Netherlands, van der Vegt has lived in Canada, Brazil, Switzerland, and Turkey before settling down in the U.S. He has a degree in Psychology and has taught strategic communications at leading business schools. For more information, please contact him at Sebastian@untoldstrategies.com.

Thank you for visiting our blog.

I hope you enjoyed our point of view and would like to receive regular posts directly to your email inbox.  Toward this end, put your contact information on my mailing list.

Your feedback helps me continue to publish articles that you want to read.  Your input is very important to me so; please leave a comment.

Jim Weber, Managing Partner

ITB PARTNERS

Jim.Weber@itbpartners.com

Author of: Fighting Alligators, Job Search Strategy For The New Normal