Finding the Right Answer

Recently, we met best selling author David Meerman Scott at the Fortune Small Business Sales and Marketing Summit. We had a interesting discussion on social media and marketing. During most of his speaking to large audiences he asks the following questions. When you read this, please take note of your answers!
In the past 2 months, either privately or professionally, in order to find an answer to a problem or buy a product, have you:
1. Responded to a direct-mail advertisement?
2. Used magazines, newspapers, TV, or radio?
3. Used Google or another search engine?
4. Emailed a friend, colleague, or family member (or used instant messaging, chat rooms, or equivalent) and received a response of a URL, which you then clicked to visit the website?
Over the course of a year, in front of more than 20,000 people ranging from college students, marketing professionals and Fortune 500 companies, the answers are surprisingly consistent. Between 5 and 20% of people answer “yes” to the first two questions, which means that direct mail, advertising or mainstream media are effective in reaching a small portion of customers. However, between 80 and 100% raise their hands for the last two questions. This means the web is critical for any business.
Today on the way to work, I looked at every billboard on the way and found one that had an ability to track performance, the rest were all clutter and a complete waste of time, effort, and money. If you’re using traditional forms of advertising, are you comfortable with the response you’re receiving? Are your tracking efforts working? Share with us on what has and hasn’t worked for you along the way!
For more details from David’s book, check out World Wide Rave. We highly recommend it.




