Essence and Accidents of Internet Marketing: Is there a Silver Bullet?

by madhatter in Internet Marketing

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(Forward: A classic paper about the comparison of werewolves and software engineering was written by Frederick Brooks in 1987. His paper was highly influential among the software engineering community on the subject of reliability in terms of the software engineering development process. No, this isn’t a software engineering post, but I thought I’d mention Dr. Brooks and Aristotle also, since I borrow some terms of theirs which I use in a similar context.)

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image credit: www.bugglefug.com

I’m sure most of you are aware of this infamous beast, the frightening werewolf. Werewolves are one of the most fearsome monsters which stand out from the usual, scary bunch. It’s that transformation, from the familiar and expected, to the brutal and uncontrollable monstrosity, which gives us that chill in our spines. According to werewolf legend, the main way to stop such a beast is with a silver bullet.

In thinking about internet marketing, there are occasions when your strategy or campaign starts off clear, concise, and manageable. After a while however, your strategy starts to take on the characteristics of the werewolf due to flawed plans, a misguided budget, and uncontrollability. When this starts to happen, we look for that silver bullet to quell the beast. Question is, does it exist? Simply put, yes, and no.

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image credit: www.tvbabble.com

Essence of Internet Marketing: Inherent Difficulties in the Nature of Internet Marketing

When talking about the essence of internet marketing, one first needs to think of all that which encompasses this umbrella term. It’s a compilation of various concepts and strategies that are all interconnected by his/her goals and what one wishes to achieve. Putting more thought into this, the essence of internet marketing is an abstraction. The conceptual construct is generally quite the same under various manifestations. At the same time, however, it can be meticulous, methodical, and highly detailed.

We now will take a closer look at the inherent properties which make up the essence of internet marketing: changeability, visibility, and uniqueness/saturation.

Changeability:
For internet marketing to be most effective, it must be able to evolve and keep up with the ever-changing internet itself. We see a change in techniques every couple of months and sometimes even weeks. Keeping up with current trends, adjusting ones marketing strategies to target his/her audience more precisely, and utilizing effective advertising are some of the key points that the internet marketer should be keen on. If one fails to stay afloat, he/she will not survive for too long. Change is an essence of internet marketing due to the sheer fact that it is intertwined so intimately with the internet. As a result, there will occasionally be pressure to improve what has been done until that node/concept is irrelevant, and something else replaces it. What worked before, is not as effective now in comparison to current strategies…and what works now will be inadequate compared to future techniques.

Conformity:
The tools that the internet marketer has at his/her disposal are ample compared to a few years in the past. Ones efforts are still limited, however, due to the inherent properties of the tools itself.

Ones creativity is not bounded by rationale, but must be throttled regardless in order to interface with the reality of internet marketing strategies and mechanisms. Even a brilliant artist will be hindered without the proper tools. Ergo, we face a similar dilemma. One can only “tinker with margins, tweak pricing and promotions, add incremental features to products and come up with slightly more effective campaigns and media plans” so much (Batra Rajeev, professor of marketing at the University of Michigan).

Visibility / Uniqueness:
Thousands of individuals are promoting their brands/services/etc. through internet marketing these days. As a marketing strategy becomes useful, more and more people follow suit. It’s inevitable that we are reaching points of saturation in certain niches already.

The more popular a niche gets, obviously the more saturated it becomes. Marketing(online) a product or service pertaining to a niche such as consumer computer technology will be much more difficult to do so now then it was before. Thus to market a product or service, one’s internet marketing strategy must be unique and not so much as to the approach, but the message being conveyed.

Uniqueness is an essence of internet marketing because of the inherent difficulty of offering something valuable and “selling” it. First, the skills of the internet marketer must be adequate. Does he/she have the proper arsenal at his disposal? Second, the value of product or service must be determined. An accurate analysis for this will improve the effectiveness of one’s internet marketing efforts.

It can be quite the jungle out there on the internet. There is fierce competition to get one’s product or service on the quintessential “front page”. One might think he/she has done an extensive campaign only to witness that the competitors have doubled their efforts as well. Thus, another essence of internet marketing, the inherent difficulty of competition, or more so visibility, comes to focus.

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image credit: www.heroesfanatic.com

Silver Bullet to accidental difficulties: Outsourcing

While breaking down each component of internet marketing, we see that in practice, it’s not so difficult per se. The sum of all parts however, can be quite complex. From purely textual representation of data, to the multiple channels of media to communicate your message, the internet has come a long way. Therefore, this has increased the number of ways to market ones product and service. As a result, the amount of time required to effective market has increased in a linear fashion. Fortunately in recent years, a multitude of services are available to the internet marketer.

The number of options to outsource ones internet marketing work these days are vast. Virtually anything can be delegated. Thus in terms of productivity, it has definitely increased the amount of projects that one can handle, as well as maximizing ones time efficiently. This has become quite a breakthrough which mostly solves the accidental difficulties of time-consumption and complexity.

Promising “Silver” Horizon

Advancement of Internet Marketing tools
Marketing executives agree that there is a higher need for more theory and analysis in internet marketing. This also what I believe. The environment is dynamic and complex. Therefore we need to approach internet marketing in a similar fashion with that in mind. Emerging analytical tools are giving us a clearer picture of this active and ever changing domain. It gives us the data that we can use to form more effective internet marketing strategies which brings in a more targeted audience.

Social Media Marketing (SMM)
I have high hopes for SMM as many others do as well. It is definitely changing the landscape of the internet and may potentially be the “tip” of the silver bullet. Let’s break it down as to why:

  • Highly viral if used correctly.
  • Visibility more “approachable”.
  • Although the traffic isn’t very convertible, getting on the front page of a social network will get the momentum going.
  • Backlinks, backlinks, backlinks.
  • “Banner-blindness” and other forms of traditional marketing are becoming less effective. With SMM, one can reach out to visitors without resorting to the these failing techniques.

Great Internet Marketers
It all comes to full circle. Great strategies are not developed by simpletons. It’s this creative process where one truly finds the need of a great internet marketer. They have striking qualities which stands them apart from the rest:

  • Passionate, sound methodology, sound principles, inspiring, pioneer, great ingenuity, stubborn.

With that in mind, there are vast amounts of resources to teach potential internet marketers. Online, there are various articles and tutorials on nearly any subject. Offline, there are events and workshops to further improve one’s skills and interact with mentors/each other. It’s impressive to see so many opportunities given to starting internet marketers which they can grow and develop upon to be great.

Perhaps this is the main piece of the silver bullet. While SMM (and analytical tools as well) may be the tip, great internet marketers make up the body…backing up the tip and giving it more power/momentum to push on through.

And with this post, I’d like to bid you all adieu. I’ve been lacking in developing my other sites and studying for school. So good luck to all you internet marketers and bloggers out there. A few words of advice, “Go the route less traveled”. I’d like to give a big thanks to all who commented as well, especially Catherine Lawson whose commented the most. Thank you and farewell.

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image credit: www.steelso.net

The Allure of Mystery: How to Take Advantage of the “Pulling Effect” From People’s Natural Instincts

by madhatter in Guerilla Marketing

Curiosity killed the cat. Similarly, it’s what will lure more visitors to your site. Making your site come off as mysterious can be a great way to market your site. It’s the hidden appeal that grabs the reader’s attention. This pull strategy is quite effective because you are taking advantage of people’s natural curiosity for mysterious things.
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Establishing Credibility in Your Blog: Practical Approaches

by madhatter in Blogging

When starting a monetized blog, it’s imperative to focus a substantial percentage of your time on the content. I always say that content is the foundation on which to build your site around. A good solid foundation will increase the likelihood of your visitors coming back. It also builds your reputation in your respective niche/subject. That is only part of the equation however, albeit a big part of it. Several factors come into play when you think about establishing credibility. Let us consider the internet market niche. A popular way of making a name for yourself is to post a picture of you with a big fat check, or reporting your earnings, which shows thousands of dollars. Putting your money where your mouth is, this basically lets the viewer believe that you actually know what you are doing. These people are at the top of their game, and obviously not everyone is at that level. Does this mean that everyone who doesn’t prove they earn thousands, do not know what they’re talking about? Not at all. I have seen several lesser known people myself whom are establishing themselves very well, yet do not earn thousands of dollars, or at least do not show their reports. There are various ways in establishing credibility which anyone can use if they are dedicated and show genuine interest in their niche. I will be discussing the basic steps in building authority in your niche.
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Turning Off Comments For New Blogs? Things to Consider Before you Do

by madhatter in Blogging

A common technique, made popular by well-known websites such as SEOmoz, is turning off comments on your new blog until you get a sizeable amount of readers. There are several good reasons why one might do this, as was adressed by SEOmoz. There are some other factors that SEOmoz failed to mention, however. Before turning off your comments temporarily, you may want to consider some things first. In some cases, even if your blog may appear “lonely” with 0 comments, you may not want to keep it enabled.
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“Good Repetitiveness”? Being Repetitive to Your Advantage

by madhatter in Blogging

Recently, I commented on one of Maki’s post in dosh dosh and I discussed that repetitiveness isn’t necessarily a bad thing in regards to content.

“Great questions. ‘Good repetitiveness’ ……hmmm I’m wondering what kind of articles fall within that mold. “ (Maki)

It sounds kind of weird doesn’t it, Good repetitiveness? In reality however, many people use good repetitiveness and sometimes if done very well, it can be even more popular/interesting than the original.
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Dynamics of Viral Marketing: A Thorough Analysis of the Systematic Patterns

by madhatter in Viral Marketing

Viral marketing is a great way to exploit existing social networks for spreading information about your product/service. Although one can understand the positive effects of viral marketing, an exhaustive examination would give us a deeper insight and a greater understanding of how viral marketing works. Fortunately Jure Leskovec, Lada Adamic, and Bernardo Huberman have written a detailed analysis of viral marketing regarding its inner workings. What characteristics of products/services are most effective? What inappropriate uses of viral marketing can be “counterproductive”? How do we measure how influential person-to-person recommendations are over a wide-range of products? Their report gives invaluable information regarding viral marketing and its journey through the intricate structure of social networks with 4 million people, 16 million recommendations, and half a million products.
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‘Anti-Marketing’ Design Revisited: Your Site’s Design is Visually Beautiful…it’s Perfect. Now Change.

by madhatter in Anti-Marketing

How much time have you spent on the appearance of your website? Putting the question in another way, how meticulous are you when trying to make your website look slick? Unfortunately, for most of you who spent a great deal of time and money on the LOOK of the design, your efforts may have all been in vain.
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Going Apes Over Guerilla Marketing: Effective Uses of Viral Marketing

by madhatter in Viral Marketing

Back in 17th century England, an average person was unlikely to come across the amount of information found in a weekly issue of the New York Times….in their entire lifetime! Flash forward to the 21st century now. Imagine how much information that is absorbed by an average person today. It’s no wonder why then, that conventional marketing techniques are diminishing in effect and dare I say, becoming obsolete.
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The Emergence of Anti-Marketing: The Reason Why Traditional Marketing is Becoming More Irrelevant

by madhatter in Anti-Marketing

Marketing strategies change constantly. A change in recent years is what some call anti-marketing. Anti-marketing has emerged from obscurity due to traditional marketing strategies failing. Traditional marketing still has a role in advertising, however, more and more people are becoming uninspired from these “over-marketing” techniques. The role of anti-marketing counters this whole way of thinking because of the reason that people do not want to be told what to do. People are less inclined to buy a certain product that they’re “told to” by marketers. They are more jaded, and in effect more “conscience”, than before. What is found in traditional marketing techniques often is information overload. Centered around the consumer’s orientation, there is too much sales pressure and choice. This in turn leads to confusion and irritation. Have you ever heard of the phrase, “Less is more”? In short, that is what anti-marketing is essentially about. By offering the consumer a “Soup of the Day”, you are reducing the confusion and focusing on the essentials. It’s quite effective because people are tending to yearn more for simplicity and authenticity.
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