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The Coolest Limo Ever

Spotted in Florida on a business trip:

pimpmyride

(Still) Reading Linchpin #4: Art & Artists

No, I’m still not finished with Linchpin either. And no, it’s not that it’s too difficult or too long, we’re actually that busy. We hoped to have the book read, the blogs written and the conversation wrapped up nicely before Linchpin comes out tomorrow, but that obviously hasn’t happened. But in this economy, I’m happy to be too busy to blog, and I think Seth would be proud of that, too.

Now, on to the book…

In response to Jonathan’s final question, “Can a company be a Linchpin?”, I have to say, yes. Obviously not every company can be one, and most companies aren’t, but I do think it’s possible.

I just finished reading the section on “Artists Who Can’t Draw” and there are some great parts that relate to this. And, interestingly enough, Seth’s blog post today is on the same subject.

In the book, Godin says “Art isn’t only a painting. Art is anything that’s creative, passionate, and personal. Great art resonates with the viewer, not only with the creator.”

I think that’s important for us as a creative agency. I’d love to think that everything we do is art, that we’re creating things that resonate with our clients and ourselves, but also for the audience. That’s the real goal of what we do, right?

He says, “Art is a personal gift that changes the recipient.” And that’s what we’re hoping to do. To change the viewer, to motivate them, to convince them to take action. We just have to show our clients that what we’re creating is art, get them on board with creating something for their customers, not just “putting something out there” or telling people why you are better. We’re creating something for the customer, the guest, the community, the world.

Wouldn’t it be a wonderful job if all we did was create art with our clients? I think that’s how a company can become a linchpin. If we can get people to join us in the belief that we’re creating something special together art, if we can convince them that it’s a gift to their audience (even if it’s being sold), if we can show them who we’re creating it for, and why that matters, I think everyone will be more successful.

Here’s to staying busy, and hopefully finishing Linchpin soon!

Reading Linchpin #3: First Impressions

Having only read 50 pages of Linchpin so far, all I can say is: “brilliant.” But for the sake of the review, here goes:

Seth doesn’t write abstractly about his ideas. Instead his writing is like a conversion in which he is talking directly to you, but he doesn’t demand anything in return. He piques your curiosity with seemingly simple ideas which could have profound impacts.

The most obvious example is the title. He never made a point to define what a linchpin was, but he uses it throughout the book to make a point. Essentially, a linchpin is an innocuous and fairly ubiquitous item that can be purchased at any hardware store very cheaply. However, it’s critical to a wagon – it holds the wheel to the cart. Then entire wagon could not function without the linchpin.

I have only read a small part of the book thus far, because I actually had to put it down for a while. There are so many ideas I almost felt overwhelmed…like reading a month’s worth of his blog postings in a single sitting.

Through it he quotes Hugh MacLeod; by far my favorite cartoonist in the business card medium. And my favorite section: Will You Still Be Loved? In which he says, “It’s entirely possible that once you choose to become indispensable, you will no longer be loved.” Which really struck a chord with me until he wrote, “But (and I know it’s a big hurt but) either those people will come around, or they never loved you in the first place, did they?”

Now I’m wondering, can a company become a Linchpin, instead of just a person? Can we collectively fill that space and hold everything together for another company? And if we do, how will we know?

Reading Linchpin #2: Seth, I’m Your #2 Fan!

My review copy of Linchpin probably came in on Monday, but I didn’t discover it until Wednesday – buried under envelopes and magazines. However, I am convinced that my copy was the second one mailed (see picture).

My copy of Linchpin

My copy of Linchpin

Seth Godin is my favorite marketing/business/advertising/industry/ideas writer and, like Clay, I am an avid reader of his blog. Interestingly, I was introduced to his seminal work, Purple Cow, in Holland by a nice Dutch man named Jan (pronounced “yawn”) who had been living in New Zealand and was back in Holland to visit family. This was several years ago on a trip with a girlfriend’s family to visit her stepfather’s family. It didn’t occur to me then, but now I realize just how well-known Seth Godin really is!

Seth’s new book, Linchpin, will be my third book of his. I read Purple Cow a couple of years ago and listened to the audiobook Meatball Sundae (great for road trips) narrated by the author himself. His books have always had a profound impact on my perspectives and I’m truly looking forward to this one!

Stay tuned for posts from us as we read Linchpin. As Clay mentioned, we’ve deviated from the directions so we can post our reactions and ideas from the book as we read it.

Reading Linchpin #1: Seth Godin’s Newest Book

Linchpin by Seth Godin.

Linchpin by Seth Godin.

Our review copies of Linchpin came in on Monday.
Seth Godin is a hero of sorts around our office (as in many, many offices), so we are pretty excited to join in on his latest experiment. For those who don’t know about Godin’s latest book or his plan to distribute review copies before the official release on January 26, it’s pretty amazing. And it definitely worked on a few of us.

But on to the book. In the Word doc letter tucked into the front of my book (weren’t you excited to have a letter from Seth Godin, even if it has no real physical connection to him?), he asks us to “please read it through (twice if you can) before reviewing it.” Well, we’re going to break that rule here. Lucky for us, Linchpin is all about breaking the rules and striking out “without a map” so hopefully Godin won’t be too upset with us.

Instead of writing a full review, we’re going to borrow a page from the old-fashioned book clubs and talk our way through it. I’m starting with this introduction, and then we’ll take turns responding to each other and to the book as we go. Anyone out there is welcome to participate, as well, so we’ll be happy (and honestly a little surprised!) to answer any comments to our posts.

I’ll begin with a small, shameful fact: This is my first Seth Godin book. I’m a faithful reader and forwarder of his blog, and I loyally follow Seth wherever his hyperlinks tell me to go, but I’ve never actually picked up Purple Cow or Tribes.

I have to admit, sitting down with a printed version of Seth’s voice will be hard–already I see names or references in the text that I just want to click. Where can I find more about the education-industrial complex? Who is Anne Jackson? But the internet is so far away…. How did we ever get through school without textual links?

Enough rambling. Let me just say, I’m excited (and a little embarrassed) to dive into my first Godin book. Happy reading.

Cheeseburger Challenge

He’s done it again. First he managed to put down three burritos from Chipotle, now he’s tackled an American favorite – the cheeseburger. Juancho ate two double-meat cheeseburgers from the Cotton Patch here in Georgetown!

The Beginning

The Beginning

IF Bowling | Our CEO Gets a Strike

Austin marketing agency goes out for a an afternoon team building exercise of bowling & suds. Spring 2009

Robert’s Review of “BtoB’s Leading Edge: Demand Generation in the Digital Age”

As an advertising and marketing executive, I have difficulty finding time for continuing education. However, the proposed topics of the BtoB’s Leading Edge: Demand Generation in the Digital Age online virtual conference motivated me to make time to attend.

This webinar had five tracks. Below is a summary of the key learnings and my personal review of each track.

Track 1: Social Communities and the Future of B-to-B Marketing

Patrick Crane, Vice President of Marketing, LinkedIn

  • There are professional social networks and networks geared toward fun and entertainment. As you think about participating in a social network for professional purposes, consider the intentions of its community members. Both Xing and LinkedIn have a professional intent, whereas websites like MySpace and Facebook are more for socialization purposes.
  • If you are an HR director or a job seeker, LinkedIn is tailored to fit your needs.

Review: Although not relevant to B2B or B2C lead generation, this track did open my eyes to how LinkedIn is emerging as the most important professional networking site for those seeking traditional employment or contract/consulting work. LinkedIn is also becoming a go-to resource for HR professionals.

Track 2: B-to-B Offer Strategies That Keep Your Sales Pipeline Filled with Qualified Leads

Russell Kern, President, The Kern Organization

  • Your offer is the key driver for e-mail campaigns.
  • When it comes to B-to-B demand generation, 13% of leads buy in the first 90 days. The other 87% buy within 91 days to 2 years.
  • For B-to-B transactions, approximately 6–21 people are involved in purchasing decisions.
  • In today’s economy, buyers do not want to talk to salespeople. Rather, they go to trusted advisors. Therefore, you should focus your time and energy networking with consultants and top advisors.
  • Try to position yourself as a trusted advisor. 70% of B-to-B deals go to companies that are positioned as trusted advisors.
  • B2B buyers are afraid to make mistakes, so they take a longer time than B-to-C buyers to make a purchase decision and have a longer sales cycle.
  • When setting up an offer, the call-to-action needs to spark motivation in customers to engage.
  • A compelling offer is
    • Valuable
    • Exclusive
    • Tangible
    • Relevant
    • Easy to deliver
    • Engaging/entertaining to the client
  • Make offers simple.
  • The title of the offer affects consumer response by 35%. Free information is the most powerful offer, and items like free brochures, whitepapers, DVDs, etc., outperform all other offers.
  • The biggest snafu on offers for e-campaigns is not having the right offer for the proper sales cycle stage. If a sales cycle stage is more than 30 days and you have a plan of 20 touches, try to consolidate over six months instead of one year.

Review: I found the last tip to be the most insightful and relevant because it described the psychology of delivering compelling call-to-action offers.

Track 3: Lead Scoring: The Foundation of World-Class Lead-Management Programs

Loren McDonald, Vice President of Industry Relations, Silverpop Engage B2B

  • 70% of leads generation during an e-campaign are considered to be long-term sales cycle (3–18 months). The other 30% consist of: 10–12% short-term buyers, 15–20% not qualified, mystery shoppers, or freebie-seekers
  • Today, the biggest gap in CRM is failure to provide a lead-scoring mechanism.
  • As marketers, we need to be lead-developers who score and route leads.
  • Every sales and marketing organization should meet and collaborate to create a lead-scoring mechanism.
  • Factors to consider and evaluate a grade to a lead include:
    • Time-frame for buying
    • Ability to make a decision
    • Purchasing power
    • Profile and demographic information
  • Without lead scoring, you compromise your sales team’s ability to prioritize follow-ups based on highest probability to buy.

Review: Currently I am assessing the design of a lead-scoring mechanism into our CRM, so I found this information meaningful and right on target. The presentation was objective and insightful.

Track 4: Following the Leads: Identifying and Targeting Small Business Prospects

Denise Hopkins, Vice President of Marketing & Product Development, Experian Marketing Services

  • We still require multiple channels to reach small and medium-size businesses (SMBs) as prospects. E-mail and search are the top tools Experian utilizes.
  • Experian has developed profile information and provides specific messages and tones for each profile, expecting that some categories will perform better than others.

Review: When considering marketing to SMBs, look up the Experian profile categories, and the deck will suggest the tone and message to use toward your target.

Track 5: Lead Generation, the Cisco Way

Jere King, VP Field Marketing, Cisco

  • Jere reiterated that when you start developing a campaign, you must know who you are marketing to. Then, position yourself accordingly.

Review: This specific track was pre-recorded and staged. This was the model for relentless self-promotion. The thirty minutes focused on sharing four video commercials that they thought were well done and represented the concept of understanding and knowing your customer.

Top Ten Takeaways

Thanks go to fellow attendee, Maria Pergolino, who organized a list of the top ten tips from the webinar.

  1. Website visitors need clear directions on what to do when they arrive at your website.
  2. You can do a lot even with a small budget.
  3. Social media is not going away and needs to be embraced by ALL marketers.
  4. Direct mail may not be dead.
  5. Offers need to be relevant AND appropriate for the prospect’s place in the buying cycle.
  6. Testing can allow you to enter a new market with little risk.
  7. Incentives can work really well.
  8. It’s okay if people who will never buy your product consume your content.
  9. An event doesn’t need to have to trend on Twitter to be great.
  10. Demand generation is just a piece of the entire Marketing puzzle.

Overall Review

The webinar started with 5,000 registrations and 1,200 participants. By the final track, 650 people were still watching. I walked out with great insights from three of the five tracks, which made it worth my while. From a technology standpoint, the team that organized the event and logistics did an amazing job, with an interactive flash website that enabled you to feel like you were at a virtual trade show. See the Attendee Guide (PDF) for a complete rundown of the website’s features.

Instead of walking away with a bag of koozies, pens and pencils, I was able to download about 20 presentations and whitepapers that I can read at my leisure and share with my team. These supplementary materials will serve as “IV drips” of continuing education.

A Final Word on Webinars as Continuing Ed for Marketing Professionals

Webinars can be a truly great avenue for continuing education, but my advice is to always read the subject and curriculum a couple of times before attending. Make sure the information is relevant to the knowledge you are seeking. Furthermore, if your time is especially valuable, consider searching for reviews and ratings on the speakers and the companies speaking.

Rober CowesRobert Cowes is Sr. VP of Real Estate & Interactive Marketing at IF Marketing & Advertising. Robert leads IF’s interactive product development as it relates to web technologies, e-marketing, CRM and Search Engine Marketing. He has a BBA in Finance & Marketing from St. Edward’s University and an MBA from Texas State University. Contact him at rcowes@yourifteam.com.

Coffee Explosion

Yesterday our COO’s coffee exploded onto our Creative Director’s desk!

coffee_explosion

How We Learned to Stop Worrying About Sales

I just got off the phone with the managing partner for one of our full-service real estate marketing and sales clients.  This call was initiated to discuss the end of the term of our existing contract with this project, and just maybe the possibility of signing a new contract for the remainder of 2009. Currently, we handle their web, interactive, media buys, CRM, print pro, and we lead their on-site sales team.  

These types of clients use all of our services, have large budgets and have to take a very hard look at the results of their spend with us. Traditionally, results for real estate are measured in sales.  By no fault of ours, we have had NO sales in the first 6 months of this contract!  Real Estate is not selling anywhere in the country, so it’s not a surprise most developers are not finding value in firms like ours. I called the managing partner expecting to have this discussion.   

To my surprise the first thing this client said was, “I have no problem with your firm’s monthly retainer or the cost of the onsite sales team.”  He went on to say he didn’t think he could have found any agency that would have worked as hard we have, or a team that cared as much. Specifically, he said our creative is better than any he has seen and is far better than any of his competitors.  And he said his relationship with our director of sales could not be better. 

This client has been in the real estate business for years, and he said he has never seen a company deliver so many qualified leads. He told me the weekly sales meetings prove we are doing everything we can to succeed, that our monthly reports give him visibility into exactly what his money is doing for him, and that if he would have had our firm in place when times were good he would have already sold his project out.  

He finished by saying he would be crazy to consider changing anything, and that as the economy continues to recover he would not want to put this project in the hands of any other team. 

So here is a case of a customer who hired us because they saw value in the number of real estate sales we projected, but has retained us because they now see the value in our entire team. 

It’s hard to brag about a project where we’ve made exactly zero sales, but that just goes to show that it’s not always about the numbers. Sales and marketing are changing, and nowhere is that more apparent than in real estate. 

Sometimes we get so caught up in the end result, we forget about the processes and the connections that it takes to get there. Obviously, success for both teams depends on making sales, but reaching our goals becomes a whole lot easier when both sides trust that the other is doing the best job they possibly can. 

This isn’t bragging about the project, it’s bragging about the people we work with and the people we work for. They are the ones that make our work special.

Jeff Novak, CEO