Business owners like the idea of fast, easy, and inexpensive (a.ka. cheap) advertising.  They also know however that traditional methods of advertising like mailers, newspaper ads, and billboards to name a few are becoming less effective and remain costly.  So in search of a new way to both advertise and get their business out there, many businesses discover a  fast, easy and cheap method of advertising online by  implementing a pay-per-click marketing strategy.

Before we talk about pros and cons, lets first consider why old school advertising doesn’t work anymore.  There is an old cliche that says people don’t care how much you know until they know how much you care.  What that’s saying is that people are looking to connect with you and with your business on a deeper level, and throwing a mailer at them or blasting a big ad in the paper or via even email simply doesn’t get that done.  Your business doesn’t appear to care so neither do they. Trash can!

We understand that business owners would prefer not to worry about marketing and Pay-Per-Click is the perfect fire and forget strategy.  The problem is you are paying for a click, not a customer.  How often have you clicked on a site, not found what you wanted immediately and clicked the back button? Do you even click in the sponsored links at the top of Google?  The reality is Pay-per-click is an online billboard.

The Social Media Alternative

Social Media is all about relationships.  Through a little consistency and very little money if any, you build meaningful relationships with your clients.  People know you care because they talk to you interact with them and or others regularly.  Bringing relevant info into their lives, not a sales pitch.

When someone comes to your site, its like a warm call or a referral.  The person knows you and is interested in what you do.  They aren’t looking for something specific, they are probing into your business and if you have something relevant to offer and they have a need its likely they will do business with you.

So when it comes down to it, the product or service you provide effects your the strategy you decide to implement.  If you rely on return clients and customers, relationships are key.  Are you using Pay-Per-Click?  If so, how is it working for your business.  Have you considered social media?

What are your thoughts?

Your Thoughts?

My friends are always making fun of me because during the work day it seems like I am always at Panera Bread in Town Center Virgina Beach! It’s a great place to work. The atmosphere is friendly and inviting which is perfect for meetings, the food is great and I always either meet someone new and interesting or see someone I know.

Though I love going to Panera and enjoy their food, I didn’t start going for the food. Panera provides free wireless internet access (WIFI) making it the ideal place to meet clients, get work done, and surf the web for free. Though the web is free, 90% of time I go to Panera I buy something. Why do you think that is?

Call it the Law of Reciprocity or whatever you like, but small businesses, particularly those that have storefronts could learn a valuable lesson here: Free WIFI brings customers! Most people like to do business with local mom and pop shops. They tend to have a community feel to them that helps people feel less commercial.

So what should business owners do? Though adding WIFI is key, there are two other priceless additions needed to make your WIFI plan work. 1. Signage! Any retailer will tell you the importance of having a very visible sign that advertises that you have free WIFI. 2. Power! Make sure that several tables in your establishment can accommodate customers with laptops that need to be plugged in!  Get that done and your business is ready to grow!

Any other free WIFI fans out there?

If you couldn’t tell, Social Media is hot right now! A lot of people are now connected to others via some social media outlet these days. Be it a Social Networking Profile like Twitter or Facebook, a Blog, or even a YouTube Video channel, people are loving this easy and effective way to communicate.

One of the things that makes social media so darned attractive is the fact that it’s usually completely free to use.   Anyone with a little time and patience can set up a Facebook page or a Twitter and immediately start engaging people and sharing info and as a result something amazing is happening: Accelerated evolution!

Free information is making it so easy for people to share ideas, learn, and grow, personally and professionally at such a high rate! Creativity and success are thriving in the social media realm and it can be directly linked to the ability to share information freely and easily!

Recently, Justin Williams and I did a presentation at one of the most well known Social Media Events in Real Estate REBar Camp.  Justin focused on the 80/20 rule of social media which says 80% of your updates should be personal, 20% should be business.  This rule also applies to free information. If your 20% business is filled with rich free information, you will reap the benefit of the 80% personal connection in business!   I can say from experience that the law of reciprocity is in full effect. The more you give away freely the more that will come back to you!   I cannot begin to count the referrals I have gotten from those eager to help me because I have freely shared information with them.  So with all that being said, don’t stop sharing what you know…. freely!