By Jacob DeChant
If you want to understand why pay-per-click (PPC) advertising has become a less and less viable option for small businesses and start-up companies, ask Tom Telford.
According to a recent article in the New York Times, he had founded a vacation rental-management firm named Blue Creek Cabins and had been paying Google roughly $0.60 per click in paid-advertising campaigns since 2001 in return for many leads and sales.
However, his success did not last: Read more...
By Samuel Scott
At one point in my career, I was hired to manage the digital marketing for a particular Israeli start-up, which would ultimately end up folding over two months later due to a lack of successful fundraising. During this period of time, the CEO had asked me to create an Excel spreadsheet and PowerPoint for promising investors on the potential for market penetration.
Supposedly, the start-up had had a way to convert speech to text in some new, exciting manner (the product would automatically transcribe voicemail and then send it to you over e-mail or text message), and the goal, I was told, was to exit by selling to Google. First, however, they needed to obtain investment and subsequently show successful sales and usage within various test markets. Read more...
Note: This is the first part in a series.
By Allison Seifert
In 2008, Forrester Vice Presidents Carlene Li and Josh Bernoff published “Groundswell,” a revolutionary book about business and marketing in what was then the beginning of the mainstreaming of social media. Four years later, their thoughts have not only become predicative of the growing trend of social media but have become essential for understanding the greater context in marketing and public relations.
The nutshell: For practically any product or service, there are thousands, if not millions, of Internet users who would love nothing more than to become unknowing brand ambassadors and help to spread the digital word. You just need to locate and then inspire them. Read more...