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3 posts from November 2009

November 09, 2009

Inbound marketing by @dharmesh and @bhalligan - a book review

Inbound marketing - get found using Google, social media and blogs is a great book. It's not the book I expected, but it's a great book nonetheless. Dharmesh Shah, Brian Halligan and their company, Hubspot, are creating the digital wave. They're throwing giant twitter and facebook rocks into the sea of traditional marketing. This book isn't, of course, targeted at the impossibly thin market of people who, like Dharmesh and Brian, are creating this wave. But neither is it targeted at people like myself; those of us who are surfing the wave with differing levels of skill and success.

Instead, this book is aimed at everybody else. It's aimed at the 99% of the business world who are faintly befuddled by the strange world of youtube and delicious that they find themselves living in. It's aimed at plumbers, hairdressers, lawyers and oil company executives who, if by some fluke they ever find this blog post, are still wondering what the @ signs in the title mean. It's aimed at people in large corporations and small businesses alike who are dimly aware that their working lives are about to change - indeed, have already started to change in disconcerting ways - and who don't know what to do. It's aimed at the people standing at the shore, too scared to dip their toes into the water. "Inbound marketing" takes them gently by the hand, leads them to the water, reassures them that everything is going to be OK, and teaches them how swim.

The premise of the book is that the old marketing is dead or dying. Gone are the days where simply throwing money at print or radio advertising guaranteed succees. Instead, you need to engage your customers. Give them reasons to come to visit your web site, and once they are there give them reasons to come back again and again. Turn your web site into a hub, stuffed with remarkable blog posts, videos and interviews. As the authors put it (they have a pleasing way with words) "ten years ago, your marketing effectiveness was a function of the width of your wallet. Today, your marketing effectiveness is a function of the width of your brain."

"Inbound marketing" is clearly - and explicitly - inspired by authors such as Seth Godin and David Meerman Scott. But where this book differs is in its emphasis on hands-on advice. Not only is it inspirational, but it's also brimming with practical wisdom. Sure, it talks about the power of Twitter. But then it gives you advice on how to choose a twitter handle. Sure, it talks about the rise of the superstar blogger and the death of the press release. But then it talks about how to decide whether you need a PR agency and, if you do, then how you should hire one. Sure, it stresses that your employees will need to learn new skills if they are to survive in this new world. But then it talks about what those skills are, what steps your employees need to take to get them and how you can track how they're doing. Each chapter contains a checklist of things you should do, right now, to start improving your inbound marketing.

This is no dry textbook. It's full of anecdotes, some from the usual suspects (Whole Foods, Zappos and Barack Obama) but from others too: accounting software, a shutter manufacturer and a PR firm among others. It's well written, and there are cartoons too.

Inbound marketing - get found using Google, social media and blogs is an excellent, mainstream introduction to new marketing. If you want to dip your toes into the cold water of social media then buy a copy. If you're already surfing the waves, you almost certainly know people who are standing dazed on the shore. Buy them a copy from Amazon. They'll love you for it. This book deserves enormous success - keep an eye out for it at an airport near you.

Enjoyed this post? You should follow me on Twitter (I'm @neildavidson)

November 03, 2009

How to take advantage of your time at Business of Software 2009 - tips from @asmartbear (#bos2009)

This is a guest post by Jason Cohen, founder of Smart Bear Software and blogger about startups, marketing, and geekery. Jason gave a Pecha Kecha speach at BoS 2008 and has this advice for 2009 attendees.

So you're going to Business of Software 2009! It's going to be awesome.

There's a 100% chance you'll get your time and money's worth from the speakers alone, but that's not the only benefit of the conference. In fact, most of the folks I've talked to agree that getting to know the other attendees is half the experience.

This conference is unlike any other, and you should take full advantage of it, especially if you're working on a small business.

Here are some ways to get the most from your time:

  1. Practice your 30-second pitch (w/extension). This is an amazing chance to hone your pitch. Getting your entire business down to a 30-second sound-bite is a wonderful technique anyway -- it forces you to clarify what's truly important, what sets you apart, who your customers are, and exactly why they give you money.

    Start by honing it before the show. Airports and airplanes are good places to practice under your breath. Use a stopwatch -- really force yourself into 30 seconds. Also develop a 60-second extension in case the listener wants more detail.

    Then pitch at the show, all day long. Watch people's faces: What do they react to? When are they bored and look around? Where do they interrupt you for more questions? Use this to hone further.

    Remember that the point of a 30-second pitch is not to tell them everything about your business! It's to get them to be interested enough to keep talking. That makes it easier to cut words.

    Not only will you walk away with a crisp pitch and a well-defined business concept, you'll have the perfect marketing fodder for your home page and advertisements!

  2. Be direct and respectful. Everyone there will be smart, no-nonsense, small business folks. Many are founders, most are close enough. Sure there'll be some shills from big soulless corporations, but not many. On the one hand this means acting like you're the smartest, most experienced one at the table won't get you anywhere. On the other hand it means you can jump directly into deep conversations about business operations, philosophy, customers, growth, hiring, raising money, selling the company, or whatever else is on your mind. You're in extraordinary company, so take advantage!

  3. Reveal your fears and commiserate. Because we all share your pain, being direct and genuine means you can "talk shop" about anything -- even normally taboo subjects like charging more, firing customers, or being completely sick and tired of your business.

    You can talk to people about stuff you can't even talk to your employees about (e.g. "Hey everyone, I'm totally burned out. Just wanted you to know I hate coming to work. Cheers."). So open up. Sometimes a 5-minute hallway therapy session can give you real perspective, even if it's just knowing that everyone else goes through this too.

  4. Promote yourself. Don't be afraid to pitch your business or yourself. This is a business conference with business people. Of course you don't want to be an asshole either, so here's a tip: ask the other person about their business first. Then follow up with more questions -- dig, figure out what's interesting about them. Then you can pitch without looking like that's why you struck up the conversation. Additional benefit: You can tune the pitch to that person!

  5. Don't stop at business cards. Everyone gets a pocketful of business cards. They're stuck in a drawer, never to be seen again, unless they get tossed immediately. Instead, every night go through your cards and connect on LinkedIn (or anywhere else). Put a personal message in there so the other person remembers who you are. (Remember they met 20 new people today too.) To remember who they were, jot down notes on their card while you're talking to them in the first place.

  6. Have a goal. Like a trade show, it helps to define a result you want by the time you head home. Depending on the stage and nature of your business, a goal could be:

    • Pitch your idea 30 times and see what people say.
    • Get 5 really good critiques of your idea.
    • Get 10 new people to trial your software.
    • Get 20 warm leads for your consulting services.
    • Determine the 5 "keywords" that everyone is talking about.
    • Demo your product to 5 people (after hours).
    • Find a co-founder.
    • Find a whiz at [technology].
  7. Take notes. This might sound obvious, but I took copious notes from BoS 2008 and I refer to them all the time. Sure they eventually put the videos up on the Internet -- and thanks for that! -- but you still don't want to scan around 90-minute talks when you could look at your own notes.

  8. Move your seat. Never sit in the same place in the auditorium. That way you can meet at least two new people (to your left and right) between every talk, which means dozens of new chances to meet a friend or make a pitch.

Oh yeah, and have fun too.

What are your tips? Leave a comment and join the conversation!

Enjoyed this post? Follow Jason on Twitter (he's @asmartbear)


November 02, 2009

#codingbythesea – throw four smart people into a house by the seaside and shake

big table At Red Gate we like to try new things. The million dollar challenge and the accidental incubator are a couple of examples.

Combine this with an occasional but nagging frustration at how long it can take to get stuff done nowadays and a curiosity about how much a small team can achieve if we just leave them alone, we’ve shipped Alex (developer), Dom (designer), Nagashree (tester), Rob (developer), and – oops, I forgot to send a project manager or scrum master - off to a house by the sea for a week.

I’m not entirely sure what they’ll be working on, but take smart people, a fast internet connection, a good house, beer (I should mention that it’s in Southwold – home of Adnams) and shake and I’m sure the cocktail will be good.

If you want to stay up to date with what the guys are up to, then search #codingbythesea on Twitter. There are some photos up and once Rob’s built an antenna they’ll hook up the web cam.

Liked this post? Follow me on Twitter (I’m @neildavidson)

About Business of Software

THE conference for people who care about growing long-term, profitable, software businesses. Follow us on Twitter. BoS Blog.

About Neil Davidson

Joint CEO of Red Gate Software and Founder of the Business of Software conference. Follow him on Twitter. Neil's Blog.

About Mark Littlewood

Founder of the Business Leaders Network (TheBLN). Organizer of the Business of Software conference. Follow him on Twitter. Mark's Blog.

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