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What to Expect in 2018

What to Expect in 2018

FromWizard of Ads Monday Morning Memo


What to Expect in 2018

FromWizard of Ads Monday Morning Memo

ratings:
Length:
6 minutes
Released:
Jan 8, 2018
Format:
Podcast episode

Description

2018 is looking to be a good year for small business.My personal definition of “a small business” is an owner-operator doing between $1M and $75M a year. I do not pretend to know the trends outside this group.The following are the small business trends that seem to be emerging in 2018:1: Small businesses are falling out of love with social media and with SEO (Search Engine Optimization.)2: Broadcast Radio and Broadcast Television are regaining their previous stature within ad budgets due to the excellent values available at this time.3: Business owners are beginning to learn the power of having a memorable personality. (The typical company spokesperson is “polished and professional.” Which is just another way of saying “bland, vanilla-neutral. Unremarkable. Interchangeable. Easy to ignore.” Criticism is the price of personality. Which is why so few company spokespersons have any.)Brad and Sarah Casebier used the power of personality to grow their tiny little company in Austin, Texas to astonishing levels of success. You can hear the ad they currently have on the radio on the first page of today’s rabbit hole.4: Experiments with ads in online radio (Pandora, etc.) have typically been disappointments and word is spreading quickly.5: Google is actively blocking all attempts by SEO specialists to “game” a client’s ranking on Google.6: The most savvy online marketing people are openly advocating mass media as the most efficient way to drive “direct navigation” to a website. (Direct Navigation is currently the single, most important criteria used by Google to determine the search engine ranking of your website. Number two is Time on Site. Number three is Pages Per Session. That being said, there are at least 14 other, smaller criteria considered by Google, but with each one having a decreasing degree of importance.)7: Sensing the dying momentum for their services, SEO consultants are beginning to push harder than ever in their search for new clients.8: Recognizing the importance of aligning all their channels of customer communication, business owners are becoming adamant that their online marketing contain the words and phrases [brandable chunks] that have been popularized through their mass media ads.9: Extremely savvy business owners are taking this concept of “channel alignment” to its ultimate end: ongoing agreement, alignment and reinforcement of mass media messaging throughout all their:A. online efforts,B. direct mail, including invoicingC. email,D. outbound calls,E. conversations of Customer Service Representatives with inbound callersF. weekly orientation and training of salespeopleG. weekly orientation and training of all other employees who might interact with the public on behalf of the company.Let me say this as plainly as I can. The smartest and most successful small business owners are orchestrating and aligning all these previously “siloed” departments into a single, concerted voice.And it’s about time.Roy H. Williams
Released:
Jan 8, 2018
Format:
Podcast episode

Titles in the series (100)

Thousands of people are starting their workweeks with smiles of invigoration as they log on to their computers to find their Monday Morning Memo just waiting to be devoured. Straight from the middle-of-the-night keystrokes of Roy H. Williams, the MMMemo is an insightful and provocative series of well-crafted thoughts about the life of business and the business of life.