Most small business owners are terrified to press the red button.
Not because it’s going to initiate some catastrophic event or set off the emergency alarm, but because they are paralyzed by the camera.
Small business owners that can’t make videos are like sprinters trying to win a race with shackles around their ankles
Facebook is a film to play platform. [Read more…]
I am new to the digital marketing scene and know there are many hurdles to grasping the concepts, strategies, and tactics involved. Dennis Yu is the Co-Founder and CTO of BlitzMetrics and a leading expert in digital marketing. He was welcome enough to share with us his thoughts on changes in the fickle digital landscape.
Jimmy: Hey, Dennis. Again, thank you so much for doing this Interview with me. First, tell a little about yourself in your own words.
Dennis Yu: I’m just a data geek that builds tools to optimize campaigns. Another prime aspect of myself is in our mission at BlitzMetrics to create jobs for students, so they can help companies drive leads via Facebook. We partner with universities to provide training and the projects, while students get paid and certified.
Jimmy: What is your opinion about the digital marketing world today?
Dennis Yu: Marketers are confused by a growing number of channels and technologies. Their audiences are living in more places and they need to manage a fractured set of communities with no increase in budget or people, but an expected increase in performance.
The solution is not more software but helping digital marketers get trained up on how to manage multiple channels with less time. There is no single channel marketer anymore.
Jimmy: What are your thoughts on the digital consumer?
Dennis Yu: The idea of a “digital consumer” is not valid anymore. Consider that nearly everyone has one type of primary device and often multiple other devices they use for different things. The car and TV are now computers, so is that digital? Consumers expect their devices, apps, and brands to be smart enough to know what to say to them when. The personalization burden is on you!
Jimmy: Now let’s acknowledge some of the many tools available in digital marketing. What tools do you think digital marketers are missing out on?
Dennis Yu: There are standard tools from Google, Facebook, and other networks you should start with. We rarely recommend 3rd party tools, though we build such tools ourselves. Understand the basics before you increase complexity.
Jimmy: What tools do you think are being overused or abused?
Dennis Yu: There is a special place in the underworld for social media tools and anything in the realm of “analytics”. Generating charts is not the same thing as understanding what’s going on and taking action!
Jimmy: What is a favorite tool you use? And do you have a preferred social network?
Dennis Yu: I don’t have a preference since it depends on the client and where their customers are. In general, Facebook has the biggest audience in developed markets with the greatest targeting capabilities.
Jimmy: What inspires you when you build a campaign?
Dennis Yu: You can’t fake passion, so work only on campaigns for companies that you actually love yourself. Inspiration comes from that brand’s mission, not my love of various technologies.
Jimmy: Looking back, what for you is the best digital campaign of 2017?
Dennis Yu: Hard to narrow it down to just one. But off the top, I’d recommend Jack Daniel’s launching Tennessee Fire against Fireball. They leveraged the great strength of the Jack Daniel’s brand while being highly attuned to their market. Brown-Forman, their parent company, is in my opinion, the best storytelling company on the planet– more than Coke, Old Spice, or Nike.
Jimmy: We have seen a lot of scary headlines about the recent Facebook data controversy. Could you shed some light for us on the issue?
Dennis Yu: Cambridge Analytica bought data from 80 plus million Facebook profiles from a quiz app. While that sounds scary, the reality is there’s little they could have done with that data. A few years ago, Facebook prevented advertisers from loading up user data from apps that aren’t yours.
Jimmy: How do you think the digital marketing will evolve in 2018?
Dennis Yu: Marketing automation and social media will merge– the intersection is mobile.
And while a lot of people are saying “mobile first” and cloud out of fashion, or even building mobile apps for no good purpose, what underlies this is having a single view of the customer across all channels, devices, and experiences. No company does this, so expect the merging of analytics, app, and advertising companies. Expect that most companies will fire their agency to take this in-house since agencies can’t produce content that enthralls the top customers. Only actual customers and zealous employees can do that.
Jimmy: Who do you follow and why?
Dennis: You should check out Logan Young! He is a visionary in digital creating jobs for young adults while selling and training Facebook Ad packages. His work on “The Standards of Excellence” is something to look out for.
J: What is your best advice for marketers?
Dennis: Stop marketing and start getting customers to do your marketing for you. This is another way to say word of mouth marketing is now measurable. Customers can do the work for you, gladly.
You just need to find them and reward them in a non-incentivized way.
J: Thank you for the advice and for your time.
Engaging with Dennis brought us some perspective that has led to my educating others about the basics of the digital marketing field. You too can reach out to the experts in your field of interest. You never know! It may bring you bits of wisdom like this!
Now we have covered some great advice from Dennis Yu:
Now I ask you, the reader: What do you think will come next for social media marketing? Think about the user experience and the strategies of the digital marketer in the ever-changing digital realm. Follow along with the BlitzMetrics blog and social media pages for more!
Using “I” can be okay in writing if you use it the write way. Don’t beat your chest with a “me, me, me” attitude. Instead, balance the use of “I” and “you” to create empathy with your audience and create persuasive content.
The latest wave of SEO spammers are now selling “influence”– to get your articles on high power sites, create that content for you, grow your followers, and drive high levels of fake engagement.
See this chart as an example of what it costs for a posting on each site.
“TAT” is turnaround time. We write for most of these sites and know the content standards. Charging someone per post, as this consultant is offering, is against the rules and unethical.
Do you see this trend of selling influence ruining journalistic integrity, that it’s already happened, or that it’s selectively happening among publishers? Here’s what Leonard Kim of InfluenceTree thinks:
As a contributor to multiple publications including Inc., Entrepreneur, Huffington Post and more, it makes no sense for me to risk my columns to earn a few hundred dollars to place someone’s link or article onto the platform.
Why in the world would I go out of my way to risk getting outcasted from a network that significantly adds to my own personal credibility?
It just doesn’t make sense to me.
As a contributor to my columns, my duty is to provide value to the reader, not to the person who wants me to write about them.
That’s why I designed a course at InfluenceTree that teaches people how to build their personal brand, growth hack their social media following and get featured in publications. I’ve helped multiple people get their own columns in The Huffington Post and earn features in other publications by having them refocus their message away from ‘me me me’ to ‘how can I provide value?’.
If I’m teaching people all the inside secrets to get their own content up themselves and earn their own media wins, why do I need to do it for them?
Media companies that don’t allow this behavior, whether intentional or not, will gain trust by vetting potential contributors who are trying to make income on the side.
Quite a temptation, since most journalists make a pittance for their work– freelance contributors make only a couple hundred dollars per article.
Credit:Venngage
Selling your influence is no different from lip syncing. You can give anyone the stage and a microphone, but without someone else’s voice, the show is over.
The very idea of monetizing a following or authority undercuts the core of what a personal brand is– a representation of a person that’s built over time, driven by experience and proven results.
Mark Lack is a thought leader aimed at helping young adults with their success. He’s shared the stage with the likes of Tony Robbins, Arianna Huffington, and Deepak Chopra– and he’s only 25.
His success in the industry and development into an authority figure at such a young age didn’t come from buying spots on various publications – it was hard work:
As an influencer who’s invested hundreds of thousands of dollars and years of my life to building my personal brand…I can tell you that it’s not easy, but it is a science. It doesn’t happen by accident.
It’s unfortunate that nowadays anyone can appear to be an influencer with fake likes, followers and engagement but true influence takes years and in some cases decades…true influence is measured by impact.
In order to have major impact, you must start with and continue working on yourself, so that you are the shining example of whatever your message of influence embodies and stands for. Influence starts with you.
Phonies won’t last for long on bought authority when they’re found out for not having any real expertise. Unfortunately, there are no promises that the market will close on people peddling influence any time soon.
Rest assured that BlitzMetrics will never sell influence, since integrity is the most valuable thing you have.
We will help folks who have a compelling message tune it, get it out there and drive leads, but will never sell placements.
How do you feel about the peddling of influence? Let me know in the comments below.
Here’s an article that was in the works from July of 2009 that never saw publication.
While people are no longer building ad networks (that game died 5 years ago), understanding how networks behave is critical if you want to make money via optimization (arbitrage between the supply and demand– the publisher and the advertiser).
Tactics like scrubbing don’t work anymore– but the basic principles never change, which is our reason for reviving this article. The game never changes- SEO Consultants become Social Media Gurus who become Content marketing wizards, and so on- like wolves who discard their worn out old sheep skin only to don another.
Every day, another ad network launches. What’s the deal? Google “ad network” and you’ll see 137 million results and see thousands of companies. AdKnowledge, AdBrite, Adfish, Adsdaq, GetAds, E-ads. This evening I was driving down the road and saw a sign for “Be Ad“, before I realized it was just a bead store.
Too many ads!
With Facebook shutting down spammy offers, and even wholesale shutting down a couple ad networks, it will be interesting to see who is left that can monetize the inventory that is in free fall pricing, especially at networks such as RockYou, with over 8 billion impressions a month. It’s no secret that I ran one of the largest Facebook ad networks.
People– there’s cheap inventory on ad networks, if you can find offers that won’t piss off Facebook. Same is true whether you are buying inventory via self-serve PPC or running your own ad network by gathering up a bunch of Facebook publishers. You could cloak, but that’s a short-term solution.
Regardless, the ad networks are taking margins of 45-60%. If you’re a publisher, you’re likely also aware that you’re being ripped off blind.
Thus, if you want to start your own ad network, here’s what to do:
I was only partially kidding here, as the examples I’ve listed here are taken from real experience.
And I will admit that we had our own Facebook advertising network, for which there was no scrub. Honestly, the barriers to entry were so low that anyone could have started their own ad network.
But as the competition increased and both advertisers and publishers got smarter, you can be assured the profits were competed down to nothing.
By the way, if you want to learn more about Internet Marketing, I’d encourage you to sign up for MariMetrics.
Want to read more by Dennis Yu? For more content follow him here:
http://www.adweek.com/socialtimes/author/dennis
In AdWords, you could find your competitor’s keywords and bid against them.
In fact, one of my favorite tactics over the last decade (which still works) is using various tools to do this across multiple search engines.
You might even straight copy their ads, if relevant and not misleading.
You’d use Alexa, Compete, Quantcast, and whatnot for competitive monitoring.
The old time SEOs remember how cloaking and honeypots were spy-vs-spy tactics to throw others off your scent.
Buying dirty backlinks for competitors (called Google bowling) was an example of this adversarial mindset.
And so prior to social, the world of digital marketing was quite unfriendly.
Your win came at my loss, zero sum, red fish in a blood red ocean.
But notice that social bred content marketing, which necessitates coordination.
If you want to share the best content, you must actively seek out these former “enemies” to co-produce.
Otherwise, you’re limited by your knowledge and time.
In the same way, if you are unwilling to hire minorities, then you’re at a competitive disadvantage, as Jan Koch outlines:
“Far too many online business owners still undervalue content marketing, even though their competitors already benefit from the targeted, organic traffic their content drives. WP Curve is a great example in this case. Dan Norris grew it to nearly 6-figures in monthly revenue with content marketing alone.
A successful content marketing plan has a few key components. The content targets the exact needs of the readership, the content builds upon each other, and the content is actionable. I implemented these things in my content marketing strategy, and the organic traffic doubled within 60 days. It’s hard work, yet it’ll pay off for any business in the long term. Short-term results most likely won’t come from content marketing, but the long-term results can save businesses.”
Frenemies and coopetition means that you have to lower the drawbridge on your moat.
And when you are forced to differentiate, you see that Red Bull and Rockstar are not competitors, though their products are chemically similar.
But if you’re now sharing your best-kept secrets openly, then you better make sure it’s good.
Who knows what the 13 spices are in Colonel Sander’s chicken, but I don’t think anyone cares anymore– minus the PR people for a marketing ploy.
What matters is that your content is delicious– and that others who consume it agree.
Social, having become mainstream, has diffused into content marketing, paid media, PR, and anything but “social media”.
When you do social “right”, you’re putting your personal brand on display to the world.
And competitors can’t copy that, any more than they can try to be you by using the same products and wearing the same clothes.
They can’t copy your relationships like they can Google keywords– these must be built authentically, one person at a time, as Paul Sokol puts it:
“The one thing your competition can never steal is the relationship you have built with your tribe. When you use social channels to amplify relevant content and generate conversations, you are only strengthening those relationships. In this hyperconnected world, competition is inevitable, but relationships will always be king!”
Thus, you can’t hire an agency to run your social media, any more than you can hire a personal trainer to work out for you.
If you’re a competent digital marketer, you’re only as good as your content.
But your content is only as good as the quality of the network you have which produces that content.
So if you’re hiding behind agencies for strategy and content, then you’re now obsolete, while that third party usurps your brand.
You must take back control of your strategy and know enough how to execute, even if you aren’t executing.
Then your contractors are workers hammering nails according to your process, as opposed to you being a fat man getting a shoeshine.
You don’t want to be hoping that your digital marketing efforts are successful just because the vendors say so.
Nor can you rely upon measurement vendors selling cross-channel analytics and attribution, which is just a new flavor of snake oil.
So if you’re struggling on the inside, that will eventually reflect on the outside.
The fear you’re not willing to admit is common to nearly everyone.
And the excuses are many, coming in the form of how you don’t have resources, it’s not your responsibility, social isn’t relevant to your industry, your agency says you’re doing fine, and so forth.
Maybe you’re older and can tell “back in the day” stories
Sure, you used to sling code with the best of them and walk uphill both ways to school.
I actually did walk uphill both ways, but that’s a story for another time.
But it means that you as a marketer, business owner, or student must get back into being a direct practitioner.
Else you aren’t able to produce the first-hand experience which is your entry ticket to hang out with other pros in your area.
And then you’re not able to get close enough to produce the content of quality necessary to drive traffic for your business.
I hope you’re still not thinking you can send someone in for you.
You are the lead singer, but can still have stage hands like me.
I just won’t sing for you– trust me, you wouldn’t want it.
The confusion marketers and entrepreneurs are feeling is not from being beat in traditional ways by a “competitor”.
But rather, they’re being “out-cooperated” by folks who produce and amplify content such that they appear to be the authority in the area you happen to be selling products and services.
If you don’t have a content marketing process (driven by checklists and undergirded by your own personal brand), you better get started now.
