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4 Components of a Successful Internet Marketing Strategy

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Most companies start internet marketing by searching for an internet marketing services provider. They may get lucky and find a good one. But most companies are going to end up hiring a firm that only possesses half of what is required to make a client successful.

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If you'd like to be one of the lucky ones, you should learn how to detect a good internet marketing services firm from a not-so-good one. Make sure the strategy that your web design and internet marketing firm presents to you covers the following 4 pieces of a successful internet marketing strategy:

Data

Internet marketing starts with data. I was speaking with a small business owner the other day and I told her that I would take a look at the data from our analysis of her site. She asked me, "How do you have any data without looking at my webstats?". That's a logical question.

But, I'm not taking about traffic logs. I'm talking about data that is culled from the web about your website, your competitors' websites, search engines, blogs and social media sites. 

Your website isn't an island on the web. A lot of factors determine whether you're likely to get much traffic from search engines, other blogs and social media sites. A good firm will be able to estimate how much traffic you can get without looking at what you get now.  They should also be able to tell you how much work it'll take to get that traffic. 

This is the main reason why the HubSpot team created our free Grader tools including Website Grader and Twitter Grader. Although website grader will tell you what mistakes you're making, there are a bunch of tools included in HubSpot's internet marketing software that give much more actionable information to aid with keyword research, on-page seo, off-page seo and social media marketing.

But there is other data you should look at, too. If you plan to do a lot of pay per click advertising, you should start your research with Compete or SpyFu. If you're looking for more advanced social media data, check out Techrigy, Radian6 and Nielsen Online.

If you're interviewing firms to design your website or plan your internet marketing strategy, they should be presenting data to you that helps you start calculating the traffic, leads and sales you'll get from internet marketing. 

Software

What software will power your website and internet marketing? You must ask this question of any internet marketing services firm you're interviewing. Very few firms have this figured out. There are still way too many web designers creating websites by hand coding them from scratch. And there are way too many websites that aren't built on an internet marketing platform. Most design firms will start pitching you by showing you mockups of pretty websites. Push back! Tell them that you know that the software is ultimately what's going to enable an ROI.

What software do you need? We're obviously a bit partial here. At some point, I will write a blog post called, "The Idiots Guide to Recreating HubSpot's Internet Marketing Software". But, suffice to say that the software that powers your website should include all of what HubSpot's software includes. Don't just stop with a content management system. Make sure you can launch landing pages and edit the right spots on your pages to do SEO. Make sure you have a marketing analytics package that knows where your leads are coming from. Based on my experience, it's very beneficial if your SEO analytics tools gather data from your analytics package and your customer relationship management integrates with your landing pages.

Depending on your circumstance, there are some other tools you should consider. If you run a very high volume site, you should consider a high end analytics package like Omniture. You should definitely start email marketing. For small businesses, you should consider simple email marketing tools like Constant Contact, Aweber or Exact Target.  If you're a larger business with lots and lots of leads to nurture, you should consider tools like Eloqua, Marketo or InfusionSoft. But, you should use logic to govern your software selection. Askyourself, "Will the software give you all the tools you need to controlthe traffic you want to attract, the leads you need to generate, and the sales you want to make?"

Skills

In a post a few months back, I argued that "time" is the most important ingredient in your internet marketing strategy. I still believe this. There is nothing about internet marketing that requires an advanced degree. If you have the right data and right software in place, all you really need is an interest in writing and the analytical skills required to read a graph. These skills are usually possessed by your average 11th grader. 

However, if you're going to outsource your internet marketing to a firm, you should find a firm that has a stable of writers at their disposal; a quant or two on staff to plot your strategy; and a grunt or two to help with your repetitive social media and link building activities. Also consider hiring a liberal arts major out of college or a journalist. Just make sure they can read graphs.

No matter who you hire, give them the data and software they need. Then, measure them based on their ability to generate leads for you. If you're the expert at your business, your product, your customers' challenges... don't expect them to work in a vacuum. Whether you staff internally or outsource, you'll need to guide their activities, motivate and inspire them and teach them about your business. Just like hiring any new employee, don't expect them to produce leads in a vacuum. Internet marketing isn't magic. There are no such things as magic internet marketing skills. Or SEO pixie dust.

Network

Since a well executed internet marketing strategy requires your time whether you outsource, do it yourself or hire someone, "lack of time" isn't the best reason to outsource. However, a really good reason to outsource certain inbound marketing tasks is because the web is a network and your network is probably not on the web. A good internet marketing services firm has been creating content, building links, leveraging social media sites, blogging, etc for themselves and their clients for years.

For example, I have 700 readers on my blog, 500+ connections on LinkedIn/Facebook/Twitter, know lots of webmasters and have built 1,000s of links. If you could hire me to help you with your internet marketing, it'd be like hiring my sales coach to work a room with you in Central MA. If you were to walk into a networking event in Worcester, MA with Rick Roberge, you'd meet a lot of people very quickly. If you walked in alone, you might not get to talk to anyone worth talking to. The same thing applies on the web. Working with a firm with a similar network online as I have, can help you make progress much quicker.  Without their help, and the help from their established networks on the web, you'd be the new guy in the room for awhile. Working with a firm can help you build your online network much quicker. Your firm's network will come in handy when launching your blog and building your readership, establishing credibility on social media sites, and sourcing content and building links for SEO.

This may be obvious now, but you'll be much more successful if you can connect online with your real world clients, suppliers and networking partners. If you can get your whole network blogging or using LinkedIn effectively, you'll stand a much better chance of success yourself. 

As you can imagine, PR firms that have "taken to the web" are usually the best at building online networks.  They have the right skills. Web developers are usually not so good at this stuff. 

Data + Software + Skills + Network = Internet Marketing Success

Are you successful online? Do you have all 4 bases covered? Or did you skip one? What data do you use? What software are you using? What skills did you build internally? What tasks are you outsourcing and why? Are you building your network online? Moving your network online? Did you hire someone to help you with building your network online?

Share your experiences in the comments.

 

internet marketing 

Posted by Pete Caputa on Thu, Nov 20, 2008 @ 09:06 AM

COMMENTS

Great article...and all four items are a must for any marketer period (not just those on the internet, although it seems we all are there now). Networking is starting to take more and more precedence online however, as authority becomes more and more important. Everyone is online now...so you have to separate yourself to be heard. Networking can help you accomplish this.

posted on Thursday, November 20, 2008 at 10:03 AM by Stuart Foster


Networking is what I need to work on out of all the four areas :) 
 
Good article there!

posted on Thursday, November 20, 2008 at 11:00 AM by May


You def. need skills. Why people try building websites with no online skills is beyond me. I guess not everyone can be as skilled as me! HA!

posted on Thursday, November 20, 2008 at 11:31 AM by Matt Gio


Pete you have Skills. 
 
 
 
My SEO guru has a running task list of 'to-dos' aimed at ensuring we walk the walk re optimization and conversion best practices on our main website. I can't imagine adding more to-dos before Q1 '09. Clearly, prioritizing for the *right* to-dos is key. 
 
 
 
Software is indeed a key leg of the stool, After researching Drupal and others we launched our main sitewww.b2bcommunication.com in Feb 2008 in the Light CMS. We're ranking well for a few targeted keywords (http://blog.b2bcommunications.com/2008/09/01/sherpa-cool-aid-proves-nutritious/). Yet there have been speed bumps and disappointments with the cms.  
 
 
 
One is their blogging tool. We had to relaunch on the WordPress.com platform. Now our blog (http://blog.b2bcommunications.com/) has great functionality, but is in a subdomain of our main site.  
 
 
 
For me an '09 goal is to scale my online engagement more effectively. Peter Kim had a brilliant post about this some time back (http://www.beingpeterkim.com/2008/08/social-media-ma.html). 
 
 
 
Twitter will hook me up with thousands of followers (I try not to dwell on this, as I have merely dozens.... sniffle sniffle), but if I'm a bottleneck it's tough to scale the program. 
 
 
 
Who here has invested in cloning biotechs? Serious internet marketers might need a VC fund for cloning research.

posted on Thursday, November 20, 2008 at 2:53 PM by Rebekah Donaldson


Great post. With the way the economy is, do you feel businesses that are using Internet Marketing will actually start tracking the success of their firms? Up till now many have just been happy to have a presence. To survive the coming years we all have to stop accepting mediocre.

posted on Thursday, November 20, 2008 at 2:59 PM by Nick Footer


@Rebekah - I do have skills. With HubSpot, I got data and software too. :-) And network is growing like crazy at HubSpot.  
 
I'd be careful going from CMS to engagement. There's a lot of other things you need to have in place before jumping to social media marketing.  
 
@Nick. I think many companies are questioning the expenses that don't deliver an ROI. As they should do in a good and bad times.

posted on Thursday, November 20, 2008 at 6:43 PM by peter caputa


@Peter. I agree companies SHOULD be, but in another blog Hubspot has http://blog.hubspot.com/blog/tabid/6307/bid/4396/How-Does-Your-Company-Stack-Up-Against-the-Fortune-500-Better-Than-You-d-Think.aspx 
"• 87% are not measuring their ROI on social media marketing efforts.  
• Yet, 67% report they will be increasing their social media advertising budget" 
 
The economy is going to separate the business leaders from the business followers. Your framework will be helpful. Thank you! 
 

posted on Thursday, November 20, 2008 at 6:57 PM by Nick


Hey Nick. You're following my posts way too closely :-) 
 
I agree. Too many people don't track ROI. That will change. Slowly, but surely.  
 
The companies that start measuring things, will win! Agree with you there, for sure.

posted on Thursday, November 20, 2008 at 7:09 PM by peter caputa


Pete,  
Reading the post reminds me of when I first started web marketing a few months back. The advice you give here would have saved me both time and money. 

posted on Thursday, November 20, 2008 at 11:54 PM by Mike Tran


Pete, 
 
Thank you for the compliment. 
 
http://therainmakermaker.com/2008/11/21/vitual-training-for-reality.aspx 
 

posted on Friday, November 21, 2008 at 6:16 AM by Rick Roberge


@Rick You're welcome. Compliment is deserved.  
 
@Mike. Generally, people that talk to me about their online marketing are much better than they were before they talked to me. If you're getting value out of the blog post, imagine what else you're screwing up (or learning the hard way) without talking to me? You should call. 
 

posted on Friday, November 21, 2008 at 11:58 AM by Pete Caputa


very nice tips. Thanks for sharing

posted on Tuesday, November 25, 2008 at 1:07 AM by steve


I have always found ibusiness Promoter a useful tool to work on your own website SEO - it is fairly reasonable in cost too

posted on Tuesday, December 30, 2008 at 12:12 PM by Cash flow forecasts


This is really nice to read and thanks to share it. 

posted on Saturday, January 10, 2009 at 2:06 AM by learn internet marketing strategy


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