December 7th, 2008 by Steven Leung

In this article:

• How Internet Marketing Is More Effective Than Traditional Advertising
• Tracking How an Actual Visitor Became a Lead
• Building a Stronger Reputation By Combining Internet and Traditional Marketing

Done correctly, Internet marketing is one of the most cost-effective mechanisms that businesses can use to generate leads.

The reason for Internet marketing is simple and ironic: permanence.   When a business launches a mail campaign, your pieces get delivered and you hope that you found enough people who are interested to make that mailing worth your while.

But most, if not all, of the mailings get thrown away.  People may not have even looked at them — and those that did may or may not remember your business. That’s why the author of The Fundamentals of Business to Business Sales and Marketing, John Coe, recommends mailing three times in a two to four week period in order to maximize effectiveness.  But after the mailers are sent, you have nothing of lasting consequence in your hands.  An online presence grows as you invest in it.
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October 5th, 2008 by Steven Leung

In this article:

• Determining the lifetime value of a customer
• Choosing the right customers to focus on
• Developing higher value customer relationships (CARLA)
• Building an effective referral system

Earning the business of a new customer is six to seven times more expensive than retaining an existing one according to Bain & Company director emeritus and author of The Loyalty Effect, Frederick Richheld.  So it makes sense to focus marketing efforts, not only on new customer acquisition, but also on increasing the lifetime value of your existing customers.
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October 5th, 2008 by Steven Leung

In this article:

• Why some websites won’t return your investment
• What a good-looking website can and can’t do
• The 5 C’s for building productive websites

One of the most common issues I hear from clients is that they built a website but aren’t getting any return on their investment.  The complaint is the same from clients who spent a small fortune at an ad agency to ones who tried to cut a few corners: no ROI.

The problem is so pervasive that many businesses not doing e-commerce think of websites purely as cost centers or online brochures and not as a steady source of leads and revenue.  Companies using this type of conventional wisdom are leaving money on the table.
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