Integrated my blog EdPhelps.co…

posted by Edward Phelps on 2010.03.08, under Tweets
03.08

Integrated my blog EdPhelps.com with my Twitter page.

Popularity: 1% [?]

Benefits of Professional Email Marketing Practices

posted by Edward Phelps on 2010.03.02, under Blogs, Email Marketing, Marketing
03.02

Though professional email marketing practices require investment in time and resources, they use a holistic approach and offer key benefits:

Engagement
A professional campaign includes the creation of specific web pages and triggered autoresponder emails that provide relevant and current information on the subject matter, as well as the producers, partners, and stakeholders. This is important, as it delivers a turn-key experience that effectively promotes the subject matter, the parties involved, and heightened recipient engagement (ie: registration for updates, RSVP to events, etc.).

Measurable Results
Professional email campaigns make detailed performance metrics accessible including read/open rates, link click rates, and conversion rates. They also create databases of qualified opt-in recipients interested in the subject matter and the offerings of producers, partners, and stakeholders.

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Promoting Events With Email

posted by Edward Phelps on 2010.02.23, under Email Marketing, Marketing
02.23

My firm, Business Marketing Systems, specializes in email-based event promotion.

To promote an event using email I propose going beyond the notion of simply sending email and tracking reads and link clicks. Instead, consider setting-up a campaign that:

  • Collects RSVP Responses
  • Tracks Conversions (persons on your list(s) who actually attend)
  • Grows Your Database

Email marketing is an amazing event promotions tool. Here’s what you need to setuip an effective event promotions campaign:

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Focus On Growing Customer Share – Best Bet In A Down Economy

posted by Edward Phelps on 2010.02.11, under Blogs, Marketing
02.11

With customers rethinking spending decisions across the socio-economic spectrum, increasing customer share (the amount of business you do with existing customers) is an important strategic consideration. Acquiring new customers costs 5-10 times more than keeping existing customers. A strong base of satisfied customers generates referrals and favorable brand equity, which are both important competitive advantages – especially in tough economic times.

Price is not the leading factor in purchase decision making — trust and recognition are. People buy when they trust they’re going to get what they want. Customer service touches a spectrum of qualitative and emotive buttons that are important to your customers.

So, how do you grow customer share? With timely personalized service. Service is a key differentiator and value generator for businesses. Service excellence makes customers more likely to buy from you, buy repeatedly, and tell someone how great they think you are. Service is the ultimate relationship glue that binds customers to you. And it a powerful tool to turn around lagging sales.

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Help for your Self-Help needs.

posted by Edward Phelps on 2010.01.29, under Uncategorized
01.29

Self-improvement is big business, worth $11.6 billion last year, and expected to grow 6.2% per year from 2009 – 2012.  If a small percentage of the people (like me) who consume self-help products were successful at whatever it is they wanted help with, the world would be a much more peaceful and harmonious place.  But as the world has not changed much in those areas, it stands to reason that the majority of the stuff sold does not work.  What a surprise!

In my quest to connect the dots between the spiritual understanding that all things and actions manifest evidence of their effectiveness and benefit, I purchased a new self-help book titled 59 Seconds: Think A Little. Change A Lot. by Richard Wiseman.  I highly recommend it simply because it highlights what doesn’t work, and what does based on validated research.  What that means is that the book contains really clear and concise things you can do in 59 seconds or less to be more decisive, imaginative, engaged, and happy.

That’s my take.  Anyway, what’s one more book gonna hurt?

Popularity: 2% [?]

Service Is A Winning Strategy

posted by Edward Phelps on 2010.01.26, under Blogs, CRM, Marketing
01.26

Facing tough economic times and changing customer behaviors, businesses are forced to do better or fail. There are two keys to success – hiring great people and providing a simply exceptional experience.

Finding friendly, engaging, and intuitive people who will leave customers with favorable impressions is challenging at best. You cannot teach friendliness and intuition. And intuition (defined as the ability to make sound decisions with incomplete information) is a gift some people possess and others simply do not. So its imperative that businesses hone their ability to spot this “soft skill” during the interview process.

Delivering a superior experience, or the ability to consistently provide exceptional service, is a key competitive advantage and effective differentiator. Time magazine recently reported, “The No. 1 marketing strategy for businesses and organizations now and in the future will be directly related to the quality of that organization’s customer service.” 68 % of customers leave because of an attitude of indifference displayed toward the customer, according to a U.S. Chamber of Commerce survey.

Service is a critical success factor. It establishes and helps to build relationships and referrals. When customers and prospects are deciding weather to patronize your business they are judging you by three things:

  1. Are you trustworthy?
  2. Do you care about me?
  3. Are you committed to my satisfaction?

And you have a really simple and surefire way of knowing the truth of this claim: just ask yourself if these are the things you care about when you’re buying.

Customer Relationship Management (CRM) is a growing practice with many new technologies that enable businesses to effectively implement strategic relationship development programs. What gets lost are basic underlying values that ensure substantive connections and successful relationship building. Below are some guidelines to successful customer relationship building:

  1. You do not sell to consumers. You sell to people. Develop and maintain a view of your customers as individual people with individual needs and wants.
  2. Setup your service interactions to ensure you treat every customer the way you would want to be treated.
  3. Develop ways to identify and address the unique and specific wants of your customers.
  4. Listen to your customers. Invite them to tell you what they think. Make it easy for them to do so. And pay attention to what they say.

continue reading…

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Social Media Explained

posted by Edward Phelps on 2010.01.14, under Blogs, Marketing
01.14

While the term “social media” has quickly become a fixture and is often used, it is not always understood. Here is a brief breakdown.

The keyword is “social.” It refers to a place where people interact online, usually organized by groups around common interests. What makes social media “social” is that anyone can post and respond to content. There are presently three main social media categories or types of sites: 1) News; 2) Networks; and 3) User Generated Content.

Social Media Categories:

  • Social News: People post and vote or rate news or other content they consider important. StumbleUpon and Digg are popular social news sites.
  • Social Networks: People organize into groups along interest lines and communicate with each other with pictures, memos, status updates, email and other applications. Facebook and MySpace are social networks.
  • User-Generated Content (UGC): Sites where users can post content and make accessible to the public. Typical UGC formats include comments, ratings, reviews, and other feedback mechanisms. YouTube and Flickr are popular user generated content sites.

So here are highlights on where some social media types overlap the three categories:

  • Blogs have features that touch all three of social media categories. Blog content is user generated, may have news value, and is typically viewed by a network of followers. Blogs overlap the social news and UGC categories.
  • Twitter is a collection of networks, covering different and varied topics and interests, where users follow each other’s brief updates (or “Tweets”). Twitter overlaps the social news and social network categories.
  • RSS, (Really Simple Syndication) allows a person to subscribe to receive new or updated content they are interested in, automatically whenever it is added or updated by the author. Content is made available to subscribers using RSS by creating what is called an “RSS Feed.” RSS overlaps the social network and UGC categories.

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New Years Prayer For Two (or more)

posted by Edward Phelps on 2010.01.01, under Blogs, My Life
01.01

May peace be upon us…

May we love ourselves richly…
with bold thoughts,
thoughtful and measured steps,
fearless actions,
and faithful vision.

May we love our children…
with principled direction,
compassionate interaction,
loving responsiveness,
and unconditional acceptance.

May our labors enrich the world…
with passionate initiative,
respectful and attentive collaboration,
and open and receptive issue resolution.

May love fill our souls…
that we may know boundless passion,
that we may swim the open waters of companionship,
that we may walk life’s beaches
hand-in-hand with love.

Happy new year!

Popularity: 3% [?]

Open-Source Has Arrived!

posted by Edward Phelps on 2009.10.28, under Technology
10.28

As a leading technology solutions consultant and provider to businesses for the past 11 years I have been ahead of the curve in recommending open-source solutions. Enterprises face growing challenges to arming staff with leading edge technology that is easy-to-use promoting rapid adoption, customizable, scalable and delivers immediate cost benefits. Consistently I have found open-source solutions meet these often challenging requirements. The hardest part of getting these solutions implemented has been overcoming the risks associated with deploying new and unproven systems and services.

The concerns are valid, and addressing them always requires detailed and thoughtful implementation strategies. But a new day has come and open-source has arrived. There are now mature open-source solutions for leading enterprise technology and communications requirements including file management, communications, email, CRM, web sites, content and asset management, systems integration and more.

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Integrity

posted by Edward Phelps on 2009.10.27, under Blogs, Marketing
10.27

We have reached a tipping point where our values fail promote human and societal benefits that or goods and services are supposed to serve. This has led to the current state of affairs where marketing occurs in an environment void of integrity. We sell relentlessly and too often without regard for rules of conduct.

Integrity is defined as “adherence to moral and ethical principles; soundness of moral character; honesty.” As part of the marketing process integrity is also a vital core agreement that establishes a foundation for establishing trust, achieving effective communication, and communicating value. Integrity is and has been substantially subverted in competition with the relentless pursuit of profits, by far the leading market value. It is spoken of. It is placed at the forefront of ethical and operational standards. Rules are established to punish unethical behavior. Yet unethical acts occur consistently, and the prevailing values are used to justify those actions. In our present state of affairs as a marketing community, ethics are nothing more than words, text and ideals that are rarely upheld.

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Popularity: 2% [?]

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