Marketing Your Business Worldwide
You can buy attention (advertising). You can beg for attention from the media (PR). You can bug people one at a time to get attention (sales). Or you can earn attention by creating something interesting and valuable and then publishing it online for free.
—David Meerman Scott, marketing and leadership speaker1
The twenty-first century will belong to the Internet consumer. So it follows that if content is the soul of an online enterprise, marketing is the heart. Put the two together and you can assemble the next wave of Internet consumers who have unlimited options and freedom of choice. Our digital experience is now about engaging consumers with information, new products, new brands, new movements, and new individuals that they care about. To that extent, you don’t want to just market a product or service to Internet consumers; you want to own or dominate the space you operate in. What is critical is to watch and learn as you go, seize the opportunity when you can, exploit it, and inspire others to get involved.
In this chapter, we look at how marketing has changed over the years due to technology and how to create an international marketing plan that hits the mark every time and helps promote your brand worldwide. I will also provide a few additional resources that take us back to the good old days of cold calling—all with the intent of getting your online business found around the world.
The Four Ps of Classical Marketing
Traditional marketing, through newspapers, radio, television, and print advertising, for example, has its place and value. Remember the four Ps of classical marketing—product (or service), price, promotion, and place? This is better viewed as the marketing mix and the foundation for satisfying customers’ needs. You can also use the four Ps to anticipate and create the future needs of customers in order to profit from them. However, thanks to the Internet, traditional methods of marketing have changed and improved. Online marketing, as you will learn later on, is not a replacement for marketing basics. Rather, it’s a new, more cost-effective way of interacting with customers and other stakeholders. Consider it to be another tool in your toolbox to use for marketing purposes.
Promoting products, brands, and businesses on a new and different stage—the Internet—calls for a different mindset from the one used in the old days, where you could simply tell or push consumers over and over to “Buy this!” Now, it’s about pulling users in as needed, rather than pushing them, developing a relationship, having a conversation, and engaging consumers in a way that creates trust, loyalty, and dedication. If you do these things, they will be customers for life. That’s why organizations are now facilitating two-way communications via social channels.
Take Procter & Gamble (P&G), one of the world’s largest consumer products companies. Its brands include Tide detergent, Ivory soap, and Crest toothpaste. P&G used to spend gazillions of dollars on direct-mail coupons and television and print ads to reach its target market. The company still spends a good deal on similar activities, but a large portion of its marketing dollars are now apportioned to where most people spend their time: on the Internet. This includes P&G’s Web site, blog, Facebook page, Twitter handle, Google+, Instagram, and Pinterest accounts.
Tip Procter & Gamble’s classic marketing rules, such as emphasizing a solution and not a problem or showing a package in the first eight seconds of a television ad, will never go out of vogue. If anything, these principles become the foundation for online social conversations now and well into the future.2
Internet marketing is about creating a solid marketing plan, increasing visibility, staying the course, monitoring results, and making appropriate changes along the way on an as-needed basis. Instead of focusing primarily on the four Ps, we need to look at the four Cs of social media: content, conversation, community, and connections. The ultimate goal with Internet marketing is immediacy and to make your online platforms the go-to resource when people want information on your type of product or service.
Making the Most of the Internet: The New Rules of Marketing Your Business to the World
Online marketing should rely on strategies that leverage the Internet and mobile devices. The goal is to manage your brand and increase revenue and profits for your business by targeting potential customers using different online channels. Let’s take a look at a few key tactics of online marketing. Many of them should be used when drafting your international marketing plan.
Search Engine Marketing
Search engine marketing (SEM) is about procuring a favorable position on search engine results pages. SEM is done by building links and writing strong content for your site and submitting data to search sites. People trust search engines because of the perceived objectivity of the results. Studies have shown that online visitors are likely to click on an organic, or nonpaid, result vs. a paid result—all the more reason to get to that top rank organically.
Display Ads
Display ads are a type of graphical advertising that are positioned next to related content on a web page. They usually contain a company’s logo; a text description of what is being sold; images, illustrations, or photographs; contact information, such as the company’s web address, phone number, or e-mail address; and rich media (a video or animation link).
Affiliate Marketing
Affiliate marketing is a way to make money online whereby you as a site’s publisher are paid a commission for helping a business by promoting its product, service, or site on your platform. As the publisher, you earn a commission, referred to as a conversion rate, when someone follows a link on your blog to another site where he then buys something. Commissions are often a percentage of a sale but can also be a fixed amount per action (a click-through rate or pay-per-sale conversion rate, for example).
Conversions can be tracked when the publisher uses a link with a code (exclusive to that entity) embedded into it, enabling the advertiser to track where conversions come from. Other times an advertiser might give a publisher a coupon code for her readers to use that helps to track conversions.
Another variation on this is when you earn something for referring a visitor to another site through an online campaign who then takes some kind of action—for example, signing up for a newsletter, taking a survey, or providing an e-mail address. Affiliate marketing works best when there’s a relationship of trust among an advertiser, a publisher, and its readers; you advertise relevant products; and you have a huge following. It’s all about generating extra revenue, and that becomes easy when you know your customers’ needs.
E-Mail Marketing
An e-mail marketing campaign, such as a weekly newsletter, is about reaching consumers where they tend to go most: their e-mail inbox.
Tip Constant Contact and MailChimp are good e-mail marketing platforms should your own Web site host not have this capability.
E-mail marketing—considered the ultimate marketing asset—involves directly marketing a commercial message to a target group of people that has given you permission to contact them via e-mail. It’s a cost-effective solution that allows you to keep in constant touch with your existing or soon-to-be customers. Using e-mail marketing, you can provide a free white paper, PDF file, e-book about your company, or anything else your customers might consider to be of value, when they visit your site. You should also put a sign-up form on your Web site (review Chapter 5) and a link to sign up in your e-mail signature. You can also invite people to sign up via your social media circles. Remember to use the same logos, colors, and slogans in your newsletter as you do everywhere else.
Rather than conducting outbound marketing to the masses of people—many of whom are trying to block you out—inbound marketing can be used to help people who are already interested in your industry find you. In order to do this, you need to set your Web site and blog up like a watering hole for your industry and attract visitors naturally through search engines, the blogosphere, and social media. Most global marketers spend about 90 percent of their efforts on outbound marketing and 10 percent on inbound marketing. Once marketers understand the power of inbound marketing, you’ll see those percentages shift dramatically.
Word-of-mouth marketing (also known as referral marketing) leverages your existing customers to advocate for your business. It costs little to implement and can be as simple as asking people to refer business to you with an incentive tied to it. Testimonials further help validate your work as long as they are given by well-known and respected individuals in your industry.
Social Media Marketing
Social media marketing (SMM) can help break barriers and is designed to foster attention and traffic through conversations you have on social media sites such as Facebook, LinkedIn, Twitter, Google+, and YouTube. Keep messages consistent (in your slogans, pictures, colors, contact information, for example) to ensure that branding on all platforms work together.
Tip Creating a video for your business, product, or service offering is a compelling way to get people to take action—like visiting your Web site and, preferably, buying something. You can create a video yourself or hire a professional to do it for you. Think about how it will be used to market your business. Make it entertaining, educational, and short. Focus on the value it will have for the visitor and not on specifically selling something.
Content marketing is communicating with people in a way that makes them feel like you are not directly selling them. Instead of pitching, you’re storytelling, educating, or entertaining people through blogs, Web sites, web casts, podcasts, videos, articles, and e-books.
Mobile marketing is marketing that is conducted through a mobile device such as a smart phone or tablet. The only difference in strategy between mobile marketing and other forms of marketing is that you should keep it short, sweet, and to the point. Convenience is crucial. A key advantage to marketing to smart phones over tablets is the ability to send and receive text messages.
Now that you thoroughly understand the importance of online marketing and the major tactics used, you are ready to draft an international marketing plan.
Creating an International Online Marketing Plan
If you want to export to more than a billion people who are interested in buying your product, it will most likely be accomplished through using search engines and other social media channels. You should put all the different marketing mediums previously mentioned to work simultaneously in a highly targeted yet seamless fashion. Diversification is best when you want to maximize resources and to increase online visibility. It will take time and effort, but the payoff will be worth it in terms of bringing the world to your online export business.
When drafting an international marketing plan, the simpler, the better. Begin by addressing these five key questions:
Let’s take a look at a sample international marketing plan for a fictitious company we’ll call Organic Berry Company, which takes into consideration all of the above.
Organic Berry Company
San Francisco–based Organic Berry Company (OBC) grows, packages, and sells certified organic blackberries, blueberries, raspberries, and strawberries throughout the United States. Established in 2010, OBC has $2 million in annual revenue, fifteen employees, and has established that each customer spends an average of $50 a year. The company’s marketing plan might look like this:
“OBC wants to create an international marketing plan that will enable it to increase its online visibility—and sales—to Southeast Asia, specifically Taiwan, Vietnam, Singapore, Hong Kong, and Malaysia.”
“OBC has set aside $50,000 for the first year of online marketing. Once it generates enough new business to offset that initial expenditure, the company will allocate 7 percent of after-tax profits to future marketing efforts on a worldwide basis.”
“The company will ask one employee, who is excellent with communications, to work on the online marketing activities. The company will make sure to get her buy-in first and confirm that she is passionate about taking on this new initiative.”
“The one key employee will devote herself full-time to online marketing activities until such time that the company needs more people to come on board to assist her.”
“That gets us to the plan! The first step of creating that plan is to figure out where our customers are most likely to look for us.
“OBC will devote time and energy to all online platforms, with heavy emphasis on search engine optimization, since that is where consumers worldwide search and find information. OBC will support the SEM efforts with quality blog posts, podcasts, Tweet chats, Skypecasts, webinars, published articles, and e-books that will help to further promote our business to the world as well as transact business in every corner of the planet.”
Building Brand Recognition through the International Marketing Plan
The international marketing plan should be strategic in nature and executed in a consistent manner. The goal is to get more customers from around the world to export to and to increase your business’s profits. (I am assuming at this juncture that you have already read Chapter 6 and set the world stage for becoming a digital export rock star; if not, go back and read it.) Here’s how a plan might look. Keep in mind how the four Cs of social media (content, conversation, community, and connections) might play into each point:
Tip There’s a lot of talk that you don’t need a Web site. That’s bunk. A Web site serves as your single-biggest business calling card on the Internet and a lead nurturer of sales. It’s where you post your best content and carefully craft what you are about and how you serve customers. More important, you own this online real estate by way of a great domain name hosted by a company you pay to take care of that real estate. If customers get lost about what you do when looking at Facebook, LinkedIn, Twitter, or Google+, they can always go to your Web site for reassurance of your capabilities. Keep it current, vibrant, and inviting.
Whether you’re dealing with positive conversations or complaints over social media, avoid negativity at all costs. Be polite and appropriate. In other words, don’t ridicule or defame, be unresponsive, or waver during complaints or adversity. It’s the test of your strength and resolve during the courting process. Take the high road and have the attitude that the customer is king and can do no wrong. Serve everyone politely and with respect and you will encourage a great fan base and returning customers.
Tip Keep the messages in your mobile marketing efforts short, sweet, and easy to understand. Stick only to helpful tips. That’s what consumers on the go can handle. Always keep the line of communication open with consumers.
Tip Are you noticing that many of the communications you receive online are in a language other than your own? Is there an abundance of messages coming from one country? You are on to something that should be addressed. Perhaps that’s a market you should consider entering. Consider hiring a translator so you can turn those conversations into legitimate export business.
Tip Aside from a brief mention of display ads, I am intentionally leaving out advertising here because this chapter’s emphasis is on marketing that you can do yourself. However, that is not to say you should not consider advertising if your marketing efforts fall short of your desired results. Starting online is fast, affordable, and easy to track (refer to Chapter 6). Look at Facebook ads, LinkedIn ads, Google Adwords, and StumbleUpon ads to further boost your Internet marketing initiative.
Other Marketing Tactics and Promotional Elements
In addition to online marketing tactics, the following sections describe offline measures that also can be an effective way to connect with readers and export more stuff.
A good way for potential clients to find out about you and your company is through a seminar series, conference, convention, festival, or any other public-speaking events that they can attend. These can be done through community organizations, professional groups, and trade associations whose events take place in overseas markets, provided they have an international membership in markets you want to enter. It is a chance for individuals to hear information directly from you and oftentimes before formally connecting online. Speaking to groups is nothing more than having a big conversation with a lot of people. Make sure you leave sufficient time to take questions from the audience at the end. Since you are the best spokesperson for your business, holding seminars and speaking engagements offers a powerful and efficient marketing tool that can quickly establish your credibility and expertise with an audience. Speaking to a group is marketing, not selling. With that in mind, always focus on providing value. This will bring customers later.
Networking
Nothing tops good old-fashioned networking, provided you target like-minded folks in your sphere of influence. Networking can take place at peer-to-peer organizations, professional affiliations, international conferences, industry trade shows, and so forth. For example, I recently received an invitation from the Chicago Council on Global Affairs to hear Eric Schmidt, CEO of Google, speak. Although you may not be able to secure new business at the event, you can collect important business cards, have critical discussions on international business, and envision ways to someday speak at the same event to share my expertise and sell my products and services. Make a list of fifty people you know who are at the top of their industry. Ask if you can speak at their next event. And don’t forget to add them all as contacts in your social media circles.
E-Mail Blasts to Purchased Lists
Some companies allow you to buy an e-mail blast list of targeted customers. This is a carryover from sending snail-mail postcards and hard-copy letters, and is still practiced by some today (mostly B-to-B). I don’t have any experience with this marketing tactic, especially as it relates to prospecting internationally. You will have to be careful that your audience, if they have never heard from you before, doesn’t consider your e-mail to be spam. That said, you might be better off developing your own opt-in means for international customer acquisition. Once you connect, you will still have to develop a trusting relationship, and that will take time. What you don’t want to do is alienate customers who could have become very profitable had you taken the time to cultivate a genuine relationship but were turned off by your e-mail blast tactic.
Tip Don’t be surprised if by the time this book is published, Facebook, Twitter, and LinkedIn all have packages in place that allow you to buy global Likes, Fans, and other related connections. It’s only a matter of time.
Whether in person or over the phone, cold calling is an icebreaker and can be an effective way to snag customers—and not necessarily overseas ones. Many people still believe in the old ways of training salespeople and cold calling. They figure if someone makes one hundred cold calls, one will develop into a sale. However, if you want the biggest bang for your marketing buck, go the e-mail route! When you have an opt-in list, people have already given you permission to communicate with them. Those hundred calls leading to one sale could instead be done as a hundred e-mails leading to twenty sales in a shorter period of time and with less human effort. And you can always send someone in person to service those twenty customers.
Some businesses do well by outsourcing telemarketers (refer to Chapter 4) to help pitch their business capabilities to potential customers. Don’t rule out the use of the telephone. It works for businesses that need a personal, local touch. Hire individuals whose speech you can clearly understand and who know something about the product or service you are selling. If you want to open doors in the United Kingdom, for example, hire someone in that market who knows the key players you are trying to reach and speaks in a similar manner as the people in those regions. Nothing is worse than the sound of a robotic voice or a voice that has such a strong accent that it is impossible to understand.
This should be one of the last parts of a marketing strategy, not the first. If your marketing efforts don’t pan out, that’s when it’s time to turn to advertising or public relations efforts. But be careful here because you don’t want to overspend. If you do go this route, make sure you have a clear call to action where you can track results. If your campaign doesn’t generate new leads or business, get rid of it.
Sometimes, what is required is to get out there and sell something face to face. Or you might hire a whole force of people who sell on your behalf. Or maybe it’s just providing information . . . whatever the tactic, the goal is to convince customers to purchase a product. It’s more expensive to do it in this fashion, but the contacts you will generate make it worth the effort.
This method involves promoting products or services to new customers through referrals, usually word-of-mouth, with an incentive tied to it. It’s considered a networking technique and one that if done well, can bring you new business. The silver lining in referral marketing is that typically every referral you receive has either an intro or story tied to it by the individual making the referral—making your job of selling that much easier.
Media coverage, the amount and quality of attention you get from other influential people, can play a huge role in getting consumers and businesses alike to visit your Web site or other related online platforms. Create a media list and reach out to those on it. Bloggers are well known in the industry for getting information out to the masses (my company, for example, personally gets pitched daily on the Global Small Business Blog by companies who want to reach our audience). Craft several different ways you might present your company and its offerings so that it will appeal to a variety of media outlets. But you don’t want to appear that you are pitching per se, so focus on providing superior and exclusive content instead of pushing to get coverage. Plus, you don’t want to give the same pitch twice to the same person—you’ll lose that key person forever, so be sure to diversify your audience. Keep track of your outreach efforts in an organized fashion because later you will want to measure results. (Side note: I wish more people would adhere to the don’t-pitch-twice model! It would make my inbox a lot less cluttered.)
Making the Most of Traditional Marketing Channels
As you wrap your arms around marketing your business through online channels, you will find there is no single right way to win export customers. It’s a combination of many factors that all contribute to success. But remember, always focus on your target audience. Here are a couple of other traditional marketing channels you won’t want to miss.
Exhibiting at Trade Shows: A Powerful, Hands-on Approach
Exhibiting at or attending a trade show in your industry is a uniquely effective way to contact cross-border customers, especially if you have a difficult product to sell or if it is a type that a customer needs to actually see. The Department of Commerce’s Foreign Buyer Program certifies a specific number of US trade shows each year. As of this writing, the DOC supported about eighty international fairs and exhibitions held in markets worldwide.
Exhibiting is an especially powerful form of marketing because it allows you to get your company name out there and have potential buyers come to you. The only drawbacks to exhibiting are the cost and future commitment involved. It’s expensive, especially for a new exporter. It can cost anywhere from $5,000 on up for a ten- by ten-foot booth. Even if the government subsidizes your exhibit, it can still cost you at least half of that. And once you exhibit, others in your industry will expect to see you there every year as long as you’re in business. If you exhibit once and then disappear, they’ll think you gave up on the market or went out of business.
But if you can find a way to manage the cost, the following advantages of exhibiting should convince you to keep it up:
Don’t forget that when you’re participating in an international road show, you still need to manage your booth as if you were operating out of your office. Be prepared. Here are some things to keep in mind:
Tip Take a look at the International Buyer Program’s “2014 Trade Show Schedule,” which will help you plan accordingly about trade show activity: http://www.export.gov/china/build/groups/public/@eg_main/documents/webcontent/eg_main_062223.pdf.3
What Do Local Buyers Expect When Visiting Your Booth?
When visitors stop by your booth, they want answers to their questions immediately, not months later after you have returned home and sorted through your inquiries. If you don’t have an answer to a particular question, promise to get one within a day. You can always text, e-mail, or phone your home office for help. Don’t forget to ask for your prospect’s business card so you can get back to her. Deliver on your promise, and do it on time.
Cross-border buyers will typically spend several hours right there at your booth to discuss all the details of future business. The more you and your sales staff know about the prospective customer’s company, the products it handles, and its position in the marketplace, the better you look to the buyers. Make extraordinary efforts to please. If you fail to convey credibility, your chances of success in the international marketplace are slim. Don’t think these buyers can’t spot a novice or a lightweight. Most of them attend the international shows quite routinely, often because their own national economy cannot support the business growth they are trying to achieve. They are experienced traders.
Do not expect to write orders during the show. If you do, great, but remember, this is the time to get long-term associations off to a good start, not to rack up sales. Take it easy and allow the customer to drive the transaction. His needs come first.
Attending a trade show rather than exhibiting at one allows you to eliminate the cost of a booth (keep in mind you’ll still have airfare, lodging, and meals). It also gives you a first-hand opportunity to discover:
Attending a trade show gives you a panoramic overview of your entire industry for minimal expense. But to take full advantage of it, you’ve got to work it for all it’s worth. Don’t be shy! Introduce yourself to every likely contact, tell them about your business, and offer them a company brochure or at least a business card. The show directory alone will give you invaluable contact information. Every exhibitor will be listed by name and address with an indication of the types of products handled. Some directories also list the brands and the other companies that also market them. Also, keep your eyes open for a directory of attendees—which can be another important pool of contacts. Add whomever will allow you onto your online social media platforms, such as LinkedIn, Facebook, Twitter, and Google+.
For beginning exporters, attending a show rather than exhibiting is also a practical strategy for finding cross-border contacts because it allows you to move about freely, meet with whomever you choose, and determine if the show is worth the investment to exhibit your wares the next time around. The only disadvantage is that you don’t make as powerful and professional an impression as you would if you were to exhibit because the people you meet do not have a tangible sense of an organization that bears your corporate name. You might explain to your contacts that you are sounding the market to decide whether you should have your own booth next year and ask for their input. Local businesspeople will enjoy giving out information about their homeland and industry, and they will be flattered that you value their opinion.
Whether you’re exhibiting or not, you’ve spent a lot of money to get to the show. Use the opportunity wisely.
Government Programs, Trade Missions, and Industry-Sponsored Programs
Government- and trade industry-sponsored programs are designed to match you up with the various types of trading intermediaries that are looking to buy exactly what you are looking to sell. These programs, in some instances, cost money, but the potential returns are great. You will be making contact with the people most likely to become long-term business associates or, better yet, customers. Here are a few such programs and listings along with the organizations that sponsor them:
Summary
Unless you aspire to be a one-trick pony, using only one marketing tactic will hardly lead you to success with your export business. You should instead implement a variety of marketing tactics in a consistent manner over a long period of time, and place a strong emphasis on search engine marketing. This will help the world find you a lot faster. Internet marketing is the prelude to successful exporting. See your marketing ideas to completion until you have placed the world at your online door.
Now, you’re ready to export. What will that process involve? Let’s find out.
1 “Leadership Speaker,” David Meerman Scott: Marketing and Leadership Strategist, accessed October 23, 2013, http://www.davidmeermanscott.com/leadership-speaker/.
2 Charles L. Gamble, Winning with the P&G 99: 99 Principles and Practices of Procter & Gamble’s Success (New York: Pocket Books, 1999).
3 “International Buyer Program: 2014 Trade Show Schedule,” International Trade Administration, export.gov, accessed October 23, 2013, http://www.export.gov/china/build/groups/public/@eg_main/documents/webcontent/eg_main_062223.pdf.
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