Posts tagged as:

data mining

Is Your Marketing Team Obsolete?

by Daria Steigman on January 27, 2011

What's Next DC, Data, Marketing, Long Tail, Social Media, Independent Thinking, Steigman Communications llcHubspot founder Brian Halligan kicked off What’s Next DC* with a terrific presentation on inbound marketing (aka, how to get found by your clients, customers, and prospects). In it, he identified six steps to viral growth and looked at the skill sets needed to market to the way that people today shop, learn, and buy.

Halligan said the six steps to viral growth include:

  • Content Creation. He advises creating as much content as possible, and suggests that each piece can act as “a mini-magnet” to attract customers.
  • Optimizing for Social Media. Halligan talked about creating “remarkable” content. Halligan said that some of the best-read posts on Hubspot’s blog promise (in the headlines) insights, analysis, or marketing tips.
  • Be Original. The more your content is unique (or you’re first with breaking news), the more likely it will have legs (and spread via Twitter, Facebook, and other social networks).
  • Include Strong Calls to Action. Halligan recommends that these be “valuable, easy, prominent, and action-oriented.”
  • Nurture Your Leads. This is obviously a big deal, because if you’re not nurturing leads you’re losing them.
  • Study Your Analytics. If you’re not looking at your statistics and measuring your success, then how do you know what’s working and what’s not? Halligan talked about the need to “measure often and evolve fast.”

Don’t be Cocktail Party Compliant

Halligan said that many marketers are “cocktail party compliant,” a great phrase to describe going through the motions but not really being invested in the process. Does your marketing team have the right skills for 2011′s business environment?

Halligan suggested that every marketing organization needs to identify people with four key skills. (If you’re an independent consultant or a small business without a big marketing staff, think of these as skills you need to either own or borrow.)

  • Digital Native. Halligan suggests this is genetic. I’m not convinced it’s a gene thing, but I am convinced it’s not demographic. I’ve seen 70-somethings who “get it” and 20-somethings who are Web-phobic.
  • Analytic Capacity. We all know I’m a big proponent of data-based decision making, so I was happy to see Halligan highlight the importance of having at least one person on your team who’s happy crunching data.
  • Reach. “Reach is the new Rolodex,” says Halligan. This speaks to the need, even more today, to value the skills that networkers and connectors bring to the table.
  • Content Creator. Clearly being a good writer helps. But content is broader (e.g., video, photography).

Other conference speakers also talked about the need to rethink how you’re doing marketing and PR in the digital age. Bryan Eisenberg touched on a theme that I believe is critical to business success: being  nimble, authentic, and continuously improving. Rand Fishkin pointed out that companies are very under-invested in SEO (so there’s a huge opportunity to make the long tail work for you). And Shonali Burke offered case studies of two companies that are building relationships with their customers. Echoing the day’s “content” theme, she talked about the need to tell your story “really well” and pointed out that everyone in your organization today is (by default) involved in customer service.

*Disclosure: Comped admission; but choice to blog and what to write about are all me.

Photo by Matthew Rakola Photography.

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Using Smart Design to Decode the Data

by Daria Steigman on November 30, 2010

We’re swimming in data, but are we mining it intelligently?

David McCandless is a “data journalist,” and he has spent a lot of time thinking about how to sort through data and make the information relevant. In this TED talk, McCandless talks about data in a connected world, and how knowledge compression and smart infographics can help us put information to good use.

Hat tip to Tim Berry, who tipped me off to this video.

Have you signed up to receive the Independent Thinking newsletter? Now’s the time! Once a month I’ll send you exclusive, subscriber-only content highlighting interesting articles I’ve found, as well as tips on marketing, social media, and how to grow your business. Sign up today!

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6 Sources of Killer Competitive Business Intelligence

by Daria Steigman on February 16, 2010

What should we do with all the data? It’s a question I have been asking a lot; good solutions—not so many. So imagine my excitement when someone finally answered the question of how we can use the huge (and growing) volume of competitive business intelligence.

In a recent MarketingProfs webinar, Sean Campbell of Cascade Insights offered some terrific tools and great advice for putting the data to work for you in the business-to-business world. Here are six places to get started:

  1. LinkedIn isn’t just about people profiles, it’s also about company data. Campbell noted that company profiles are a great way to glean insights on the movement of people in and out of companies, including job openings, new hires, and recent promotions.
  2. Read job listings to see what qualifications a company’s seeking and/or hints into new initiatives. Online CVs also provide a glimpse into what people’s job responsibilities entail—and what their company is focused on.
  3. Silobreaker is a search engine that includes a clickable map of a company’s network–a great tool for visual searchers. It also pulls up added value data. (Search for Pepsi for example, and you’ll also get links to CEO Indra Nooyi and a quote from her.)
  4. People post all kinds of data on SlideShare, including presentations from invitation-only meetings that often contain corporate roadmaps. Campbell noted that SlideShare is also a good place to identify subject matter experts.
  5. Use Worldle for reverse mining. Plug in an RSS feed or a Web site and the word cloud will give you a quick look at what a company or a community is talking about.
  6. Seeking Alpha posts transcripts from earnings calls, including the Q&A with analysts and reporters that follows the on-message presentation.

Clearly, no one source will be your holy grail. But hopefully a strategy that merges data from multiple sources will help you to connect the pieces.

What are your favorite tools and sites for data collection?

Photo by Richard Summers (Flickr).

Have you signed up to receive the Independent Thinking newsletter? Now’s the time! Once a month I’ll send you exclusive, subscriber-only content highlighting interesting articles I’ve found, as well as tips on marketing, social media, and how to grow your business. Sign up today!

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Data Mining for Votes

by Daria Steigman on July 18, 2008

There’s an interesting piece by Mike Madden on Salon.com about the Obama team’s sophisticated data mining operation.

In the age of cookies and dashboards, it’s a smart bet that lots of people can recite a lot of data about you. But it’s the smart organizations and savvy strategists who know how to translate the information into useable results. This article offers a case study in progress.

Have you signed up to receive the Independent Thinking newsletter? Now’s the time! Once a month I’ll send you exclusive, subscriber-only content highlighting interesting articles I’ve found, as well as tips on marketing, social media, and how to grow your business. Sign up today!

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