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Producing a Promotional Video (Pre-Production, Stage One)

The Pre-Production Stage 1
In this week’s installment of creating a promotional video (commercial), I will cover the first of the three steps of video production. This tutorial will take the stages of production using simple tools such as a smart-phone camera and your business computer. The three Stages of Production are 1. Pre-Production (Planning), 2. Production (Shooting Video), 3. Post-production (Editing).This week I will cover stage 1.
These videos will consist primarily of photos and possibly some short video clips.

Pre-Production — The planning stage of your shoot occurs before the camera starts rolling. By creating a plan, and figuring out the budget ahead of time, your video will be free of unnecessary worry.

Define Goals (Strategy) — Goals are general statements about the direction that you would like to take your business. Example: 1. Expanding into a new market, 2. Reaching a new customer base, 3. New product or service.
You can use these general goals, supported by specific objectives, as a platform for creating a marketing action plan that targets the growth of the business.

Objectives (Tactics) — Once your goals are set, refine them with measurable, concretely defined objectives. These are the steps that you will take to meet your goals.
Example: Each goal should have a set of associated objectives that allow you to logically and effectively work toward the growth you need.

Audience (Target Market) — In advertising, a target audience, is a specific group of people within the target market at which a product or marketing message of a product is aimed. The target market and the marketing mix variables consist of Product, Place (distribution), Promotion, Price. These are the four elements of a marketing mix strategy that determine the success of a product in the marketplace,

Outline (Pre-script) — Break it into transitions. Prepare an outline of the points you want to make. If you’re promoting a business, your outline may consist of identifying the mission, background, products or services provided, how you can help solve your audience’s problems or meet their needs, testimonials from satisfied customers, costs, distinctions between your products and the competition, and any other factors that will convince your target audience to patronize your company.

Goals and Objectives —Describe what you expect the ad campaign to accomplish. Be specific and tailor statements to the focus of the campaign. For a sales ad campaign, set a goal of increasing sales by 10 percent within six months.

Script — Make sure your commercial’s script times out to 30 to 50 seconds (interest wanes at 54 seconds). Use short sentences that grab your potential customer’s attention. You’ve got a very limited time frame to capture your audience and you need to get your message across quickly. Don’t get wrapped up in long sentences. Keep them short and punchy. Your audio should also tell the customer what your advertising confirming what they are viewing.

Storyboard & Shot-list — I have combined both the storyboard and shot-list into one form. The storyboard follows the chronology of the script in a pictorial form. It helps you visualize the sequences of your video. You can use pencil sketches in the form when creating the chronology.
The shot-list is under the sketch boxes on the form. The shots are determined by what action is happening within a given scene and how to best capture that action.

You can download the forms previously listed in this blog from Dropbox. https://www.dropbox.com/sh/p62v52g4pf31y0s/AADlql9m66CnvWoUxyzAsEeIa?dl=0

If you have any marketing questions, please feel free to contact me at Keystone Business Brokers.
Nick Santarone, Marketing Director nick@kbizbrokers.com

Next week’s blog will discuss stage 2 producing the video.

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Video Marketing for Small Business

Video Marketing for Small Business
The internet has democratized advertising strategy making it cost-effective. In the past, only large companies could afford the huge expenditures charged by advertising agencies and mass media such as television commercials and print ads. Today, small business has access to digital marketing on their websites and through the many social media sites.

Approximately 90% of individuals have internet access and most people are computer literate. If you’re a B2B marketer it’s safe to assume that practically all of your viewers have computer skills. The best way to engage your customers is to tell your story by using an entertaining video.
Videos also can be used for presentations to clients, trade shows, training, and direct email marketing. Your viewers can watch your videos 24-7. Marketing research has shown that consumers are more likely to make purchases after viewing a recording as opposed to print ads.

There are various levels of producing promotional videos, ranging from a simple slide show to a full-blown commercial using actors. During the next few weeks, I will go through the process of creating a business video using very basic methods that most people have the skills to produce.

If you have any marketing questions, please feel free to contact me at Keystone Business Brokers.
Nick Santarone, Marketing Director,  nick@kbizbrokers.com

55 Comments

“5 Steps To LinkedIn Advertising Greatness”

“5 Steps To LinkedIn Advertising Greatness.”

Yesterday, I viewed an excellent Youtube video on LinkedIn Advertising. This blog post is a brief synopsis of the video-cast. Below, please find the link to the YouTube video.
Presenter: John Linka with Ignite Visibility
Youtube link: https://youtu.be/-cfMv5hGZYk

Thinking about advertising on LinkedIn, but you have no idea if it’s good or not for your business.

LinkedIn advertising is a great place to be. LinkedIn is used for personal branding, posting, and getting exposure, but also the advertising can be great as well, but you need to know how to use it.

There is a benefit to advertising on LinkedIn. It’s important to know that over 75% of the population on LinkedIn makes $50,000 a year or more. LinkedIn has an excellent demographic with amazing targeting abilities.

Step 1. Sign up for the campaign manager.
The campaign manager will provide you with a dashboard that will give you a look at clicks and interactions of your ads. Also, it will show you the demographics of your advertising audience.

Step 2. Choosing an ad format.
The Ad format is sponsored content that posted it through a LinkedIn business page.

You can use a LinkedIn lead generation form that will pull the information from LinkedIn and be submitted directly to you. This is a seamless and easy process to capture a prospect’s information.

LinkedIn can do video ads through sponsored content allowing you to get way more views on your video content.

The second format is sponsored InMail you can send an InMail to somebody as an advertisement.

Another option is standard text ads so you can have a text ad that shows on the right-hand side of the page on LinkedIn.

Step 3. Ad creation.
If you do not have the correct ad format you’re going to get terrible ROAS (return on ad spend).

Recommendation: You get the attention of your audience and then nurture them through your lead generation process.

LinkedIn gives you the ability to choose your selection criteria. You can choose to select people to advertise by location, the company where they work. Within the specific company, you can advertise to them using their title specifically CMO, director of marketing, and marketing managers.

Step 4. Re-Marketing
Introducing re-marketing as part of LinkedIn that is going to make it a platform that a lot more people are going to be using so definitely give LinkedIn a try don’t quit on it yet. I believe in almost all cases if you put in enough time you can make a channel work for you.

Step 5. Your budget.
LinkedIn has a couple of different ways of budgeting. You can do cost per click, cost per send, and in your mail option cost per impression. Pick the one that’s the best for your business. In most cases, you will be choosing the cost per click or the cost per send.

Interesting stats to think about.
80% of b2b social media marketing leads come from LinkedIn. Also, 92% of b2b marketers use the LinkedIn platform over other platforms.

You can create a great lead generation channel on LinkedIn so keep at it.

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SCORE, Your Business Resource

SCORE

For over 50 years, SCORE has served as America’s premier source of free business mentoring and education.

As a resource partner of the U.S. Small Business Administration (SBA), SCORE has helped more than 11 million entrepreneurs through mentoring, workshops and educational resources since 1964.

With SCORE, you are not alone on your business journey.

View upcoming live webinars
SCORE hosts free, LIVE webinars every week on small business tips and strategies. See our upcoming offerings.
Live Webinars                   https://www.score.org/live-webinars
Recorded Webinars         https://www.score.org/recorded-webinars

Browse Library If you’re looking for free business templates, e-guides, checklists, blogs, infographics, videos, and other helpful resources, SCORE is your destination.
https://www.score.org/content/browse-library

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How to get Federal Contracts for Your Small Business

Below is a posting by the SBA four days ago.

How to get Federal Contracts

for Your Small Business

When: Thurs. Feb. 27, 2020

Time:   8:30 am – 1:00 pm

Where: Liberty Hall Corporate Center

            1085 Morris Avenue

            Union, NJ 07083

Fee:     No Cost

Info:     Rogers Ramsey 908-527-1166

Each year, the federal government spends over $100 billion on goods and services from small business owners like you.

This seminar will provide small business owners with a general understanding of government contracting and the federal procurement process. Janett Peralta from the U.S. Small Business Administration and Maryanne Williams from the

UCEDC Procurement Technical Assistance Center will discuss:

How to conduct thorough market research to find opportunities

Techniques and strategies to market more effectively to win federal business

Subcontracting Opportunities

Contract types

Contracting Certifications

Federal Business Opportunities

System for Award Management (SAM)

Forecast

Don’t miss this free seminar and learn how to increase your chances of winning  contracts from the federal government.

REGISTER HERE

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Small Business Expo 2020 – PHILADELPHIA

The Small Business Expo 2020 is coming to Philadelphia on Wednesday, April 29, 2020, from 10:00 AM to 5:30 PM. Attendees of this expo will have an opportunity to network with thousands of businesses, entrepreneurs & start-ups

*Fast-paced speed-networking sessions to build your network.
*Establish hundreds of new & valuable contacts.
*Interact with the movers and shakers of small businesses.
*Leave the show with qualified and targeted sales leads.
*Surround yourself with passionate business owners.

These are the 5 different levels of registration.
1. BRONZE, Exhibitor Hall, Workshops, Keynote Speakers, Business Card Exchange. Free.
2. SILVER, BRONZE PERKS, PLUS: Access to Speed Networking Sessions. Cost of $28.16.
3. GOLD, BRONZE & SILVER PERKS, PLUS: Access to Networking Happy Hour with Open Bar & VIP Express Check-In (skip the check-in line). Cost $54.67
4. VIP (Most Popular!) BRONZE, SILVER & GOLD PERKS, PLUS: Lead Scanner App (scan badges & collect contact info) & Priority Seating in Workshops & Speed Networking (skip the line) Cost $107.72
5. VIP + Eblast (Best Value!) BRONZE, SILVER, GOLD & VIP PERKS, PLUS: We will include your company’s advertisement in our post-show email to the attendees. Cost $266.85.

My colleagues at Keystone Business Brokers look forward to meeting you at the Expo.

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Using Focus Groups to Acquire Marketing Research (a cost effective research technique)

Using Focus Groups to Acquire Marketing Research
(a cost-effective research technique)

Many small businesses don’t take advantage of using marketing research techniques to determine the needs and wants of their target market. Before starting a promotional campaign it is wise to get feedback from customers. The focus group is the first step in gathering qualitative data for your research.

Basics of Conducting Focus Groups
Focus groups are a powerful means to evaluate services or test new ideas. Focus groups are interviews, led by a moderator with 6-10 people at the same time in the same group. One can get a great deal of information during a focus group session.

Preparing for the Session
1. Identify the major objective of the meeting. 
2. Carefully develop five to six questions.  
3. Plan your session.
  4. Call potential members to invite them to the meeting. Send them a follow-up invitation.  5. About three days before the session, call each member to remind them to attend.

Developing Questions
1. Develop five to six open-ended questions – Session should last one to 1.5 hours — at this time, one can ask at most five or six questions. 
 2. Always first ask yourself what problem or need will be addressed by the information gathered during the session, e.g., examine if a new service or idea will work, further understand how a program is failing, etc. 
 3. Focus groups are basically multiple interviews. Therefore, many of the same guidelines for conducting focus groups are similar to conducting interviews.

Planning the Session
1. Scheduling – Plan meetings to be one to 1.5 hours long. Over lunch seems to be a very good time for others to find time to attend.  
2. Setting and Refreshments – Hold sessions in a conference room. Configure chairs so that all members can see each other. Provide name tags for members, as well. Provide refreshments, especially box lunches if the session is held over lunch.  
3. Ground Rules – All members must participate as much as possible. Implement the following three ground rules: a) keep focused, b) maintain momentum and c) get closure on questions.
  4. Agenda – Consider the following agenda: welcome, review of agenda, review of goal of the meeting, review of ground rules, introductions, questions, and answers, wrap up.
  5. Membership – Focus groups are usually conducted with 6-10 members who have some similar nature, e.g., similar age group, status in a program, etc. Select members who are likely to be participative and reflective. Attempt to select members who don’t know each other.
  6. Plan to record the session with either an audio or audio-video recorder. Involve a co-facilitator who is there to take notes.

Facilitating the Session
1. The major goal of facilitation is collecting useful information to meet the goal of the meeting. 
1. Introduce yourself and the co-facilitator, if used. 2. Explain the means to record the session.
  3.  Carry out the agenda.   4. Carefully word each question.  5. Allow each panel member to carefully record their answers. Facilitate discussion around the answers to each question.  
6. After each question is answered, carefully reflect a summary of what you heard.   7. Ensure even participation. Consider using a round- table approach, including going in one direction around the table, giving each person a minute to answer the question.   8. Closing the session – Thank members for coming, and adjourn the meeting.

Immediately After Session
1. Verify if the recorder worked throughout the session.  
2. Review your written notes clarify any notes that don’t make sense, and ensure pages are numbered.     
3. Write down any observations made during the session. For example, where did the session occur and when, what was the nature of participation in the group? Were there any surprises during the session?

Moderating focus groups YouTube link: https://youtu.be/xjHZsEcSqwo

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Statement from U.S. Secretary of Commerce Wilbur Ross on Q4 and Annual 2019 GDP: Economy Grows 2.3% in 2019

Statement from U.S. Secretary of Commerce Wilbur Ross on Q4 and Annual 2019 GDP: Economy Grows 2.3% in 2019
Economic indicators
Wilbur Ross
FOR IMMEDIATE RELEASE
Thursday, January 30, 2020
Office of Public Affairs
(202) 482-4883
publicaffairs@doc.gov
Today, the Department of Commerce’s Bureau of Economic Analysis (BEA) released the fourth quarter and annual gross domestic product (GDP) numbers. The Bureau found that the real gross domestic product increased at an annual rate of 2.1 percent in the fourth quarter and 2.3 percent for all of 2019, continuing to beat expectations.
“Since the beginning of this Administration, critics have predicted doom and gloom for the American economy,” said Commerce Secretary Wilbur Ross. “They were wrong then, and they are wrong now. President Trump continues to unleash incredible growth in the American economy despite the effects of Boeing’s problems with the 737 MAX and the General Motors’ strike. GDP for 2019 is more great news for the American economy and is even better than what today’s numbers show due to those two special factors. Beyond this, Americans continue to experience tremendous increases in employment and wages that prime 2020 for further economic gains. When you add in the benefits of USMCA, the Phase One Deal with China, the two trade deals with Japan, and the re-working of the free trade agreement with South Korea, America is back and competing on the world stage.”
The GDP continues to beat performance predictions before the 2016 election, and there was other good news in the BEA report:
The U.S. has the largest GDP of any country in the world, and it continues to grow at a sustained rate. U.S. GDP reached an all-time high in 2019 of $21.43 trillion.
The growth of the goods GDP rose by an impressive 4.7 percent, while services was at 1.7 percent.
Consumer spending increased by 2.6 percent last year and spending on durable goods surged by 4.7 percent in 2019.
Personal income reached an all-time high of $18.6 trillion, up from $17.8 trillion in 2018.
The personal savings rate increased to 8 percent for the year, with Americans saving $1.31 trillion in 2019, up from $1.21 trillion in 2018.
The long period of massive import surges of goods is finally abating. For the year, imports of goods rose by only 0.2 percent, the lowest yearly increase since 2009.
To view the Gross Domestic Product, Fourth Quarter and Annual 2019 full release click HERE.
Bureaus and Offices
Bureau of Economic Analysis
Leadership
Wilbur Ross

2 Comments

Traditional Marketing Techniques

Traditional Marketing Techniques

Recently, I spoke to two entrepreneurs about possible ways of marketing their business. I sensed from our conversation that they were not fond of online promotion. They were not knowledgeable about online marketing and they were looking for an alternative way to promote their business. Therefore, I did not suggest any digital marketing media such as websites, blogs or social media. My suggestions were time-tested old school techniques.

Get involved with the community by joining the Chamber of Commerce or Rotary. These organizations will help you get connected with the local community. You can participate in charity fundraising events, donate your time and services, or do public speaking engagements that demonstrate your expertise on a particular topic.

Mail/email marketing is a strategy to connect with your customers and prospects. You can use mail/email to send out routine information like appointment reminders, but you can also use mail/email to send out marketing materials like newsletters

Newsletters are a means of keeping your consumers informed. Your newsletter may include news articles related to different topics ranging from industry news to current promotions. Giving out tips is a customer service technique of reassuring customers that you care about their satisfaction, even when they don’t need to come into your office or store.

Attending trade shows and fairs will create brand awareness in the community for your business. This gives potential new customers and suppliers a chance to view your brand. Something as simple as a free sample of your product or service can be a stimulus in creating interest.

Hopefully, you found some of these suggestions helpful.

30 Comments

Email Marketing

Email Marketing

The benefit of email marketing is a cost-effective method of sending your message to your customers or potential customer whose names and email addresses you have amassed. This treasure trove of prospects can be contacted regularly with a monthly newsletter, periodic promotional announcements, and special offers.

Email marketing can create stronger awareness for your business, products and customer relationships.

Top 5 email platform providers

1. Drip Ecommerce CRM (www.drip.com) Drip-powered brands are using E-commerce CRM data and marketing automation to build personalized marketing experiences, drive meaningful engagement, and earn long-term customer loyalty.

2. Mailchimp (www.mailchimp.com) Bring your audience data, marketing channels, and insights together so you can reach your goals faster. With Mailchimp, you can promote your business across email, social, landing pages, postcards, and more — all from a single platform.

3. Salesforce Marketing Cloud (www.salesforce.com ) Reach individual customers through hundreds of features to help you create tailored, relevant content — from basic email marketing tools to sophisticated cross-channel campaign functionality.

4. Campaign Monitor (www.campaignmonitor.com) Create beautifully branded campaigns with this simple email builder.
Editors can spend more time doing what they do best—engaging people through email. It’s all the builder you need and then some.

5. SendInBlue (www.sendinblue.com) Promote your brand and grow your business with beautifully designed emails