Ivy Brain episode

Hot Marketing tips for on-demand services: IvyBrain chats with Joel York


Innovation show by Reena A Jadhav
April 3, 2008 | last edited July 10, 2008 | Comments (0)

135

Joel York, VP of Marketing at Conduit, talks to Vator.tv contributing correspondent and Ivy Brain's Reena Jadhav about tested strategies and tactics for marketing an on-demand business.

Here's a quick look at the Top 4:

1. Have a very simple, focused value proposition. One great example -- Google's home page is simply about Searching the web.

2. Choose large markets where the cost of customer acquisition is low.

3. Strive for 100% automation from awareness to close. Build the product all the way out into sales and marketing. Goal is to drive labor costs down.

4. You have to be an expert in online marketing.

Here's Joel's "must do" list of marketing activities:

* Search Engine Optimization - search is key and captures people in middle of purchase cycle and is the most effective advertising. Outsource to people who know how to do it. 

*Public Relations - should be free and viral. Choose a pr firm that understands social media

*Social media marketing - leverage the power of RSS, widgets and gadgets that can deliver viral distribution of your content.

*Syndicate your content - syndication is viral distribution and subscription is an extension of search. Syndication allows you to reach out and entice people that were initially not interested. It also allows you to connect with customers in a new form of subscription. Conduit is an example of a new form of syndication with subscription to blogs, podcasts and more.

 

Joel's Hot Tip: never underestimate the value of that "one" idea that has the exponential impact. Keep looking for that one viral idea that leverages an installed base of customers.

0 comments

Other episodes of this show

Contributor Reena Jadhav to launch Ivy...

2271_cimg0339_reena_vator_1

Ivy Brain

by Reena A Jadhav
February 28, 2008

Take the "Burnout Test" and get to Peak...

2348_-dr-gallow-08-5

Ivy Brain

by Reena A Jadhav
March 7, 2008

PeopleConnect CEO Max Shapiro with some...

2406_ivy-brain-people-connect-08-5

Ivy Brain

by Reena A Jadhav
March 19, 2008

Negotiating a Termsheet: Ivybrain's Reena...

2474_reena320x240qvga

Ivy Brain

by Reena A Jadhav
March 28, 2008

Hot Tips for PR Buzz: Part 1

2707_ivybrain_cathy_johnson_part1

Ivy Brain

by Reena A Jadhav
April 17, 2008
© 2008 Vator, Inc.