Mind boggling! The entire business landscape is going through a metamorphous of sorts…nothing is business as usual anymore! Really, nothing is!

I see business sector after sector old standby models falling apart everywhere. New approaches are being developed; existing business systems are being redefined and challenged while others are completely collapsing.

It’s as though someone took a giant stick and hit the business piñata and bam!!! We have an explosion of winners, losers, new kids on the block staking claim, giants falling, bewildered and confused executives and shareholders, fraud, fear, excitement, status quo and just as Elvis Presley said “A Whole Lotta Shaking Going On!”

The way I see it is we are in the midst of what I call ‘The Great Business Digital Divide.’ On one side of this gap we have two groups; the various companies, businesses, entrepreneurs, etc. who are not even aware of what is going on and/or they don’t realize we are in a brand new business era that looks and feels nothing like the past 100 years or so. Then there is those who know and sense things have changed but have no clue as to what they should be doing, what kind of people they need on their team and were to go to get the help they may need to successfully go through this transition.

On the other side of this gap are two more groups as well. One of these are those who have understood they needed to make some radical changes in the way they run their business because it is certain what they have relied on for years is no longer working. They have begun to institute some things that to an untrained eye give them the appearance they are plugged in and are 21st century business mavericks. Very much what Seth Godin described in his book Meatball Sundae.

The second group is those who have not only embraced the digital business revolution going on but they have had a hand in its birth and development. I’m not talking about techies here. I am referring to digital savvy, fresh thinking creative’s who have been on this journey for quite sometime…some longer than others. These are the ones who understand things like mission statements and status quo are DEAD and for those who hang on to this mentality, they are most likely on their last leg. This goes for the giants in business to the local auto repair shop. This is the group who are excelling and getting positioned for market share that will move them into dominance in their niche.

So what’s a business to do if they are not in the latter group?

I for one believe their doing should only happen after they have done the work of defining their unique and tactical strategy. Let me make myself perfectly clear here, this is not a one time activity I’m talking about, no; it must be an ongoing part of your marketing and business development!

One of the most frustrating things I see going on with many I come across in business today is they are in such a hurry to get out there they don’t invest the time, effort and money to develop killer strategy to ensure their success. The truth is, without well defined strategies in today’s new marketplace you are either going to fall into the category of a ‘me-too’er, a ‘clueless’ or a ‘that’s how it’s always been done in this business’ type. All of which will not cut it anymore.

Why? Mainly because the consumer is in charge not you…and today’s world is driven by technology. These have never really been factors of consideration most existing business models were designed around. Add to that, there is such competitor saturation in the marketplace many businesses are finding it very hard to stand out and get attention.

Clearly…if you want to be successful in this new marketplace one essential asset you must posses is you highly value and prioritize strategic thinking and planning when it comes to your business.

The dictionary defines strat⋅e⋅gy  as;
a plan, method, or series of maneuvers or stratagems for obtaining a specific goal or result: a strategy for getting ahead in the world.

Creating your strategy involves creative thinking, LOTS of research and feedback, planning, execution, experience, etc. to name a few. Marketing research is one of the fastest growing sectors in business today. Recently Inside Research recognized comScore as a leading market research industry publication and as the fastest-growing major global market research firm over the past five years. Why is that? Because understanding your target market and planning your strategic approach of action are more valuable and important than ever! Business is changing and evolving very, very fast and you do not have the luxury to lean on much trial and error or not being in the know. Knowledge is a key factor in creating strategy but so is creativity.

Maybe now is a good time to take a fresh look at who you have on your team? Any creative’s around? Any strategic thinking detailed people in your corner? Are you plugged in to research and feedback for your target market?

The New Business Era Currency…Got Strategy? If you don’t, I suggest you get busy to find those who can help you get it!

Their touch point, frame of reference, what gets their interest…is the ‘human experience’. Period.

Today’s American consumers (whose ever changing life stages must be taken into consideration) start their relationship with your business by examining and experiencing your intent and motivation. Consumers interact with brands like they do with other humans.  Since they highly value authenticity and transparency in relationships, all the more this is true regarding brand communication.

This is why your story…your purpose, your heart should be at the core of your branding. Your brand needs to be able to ‘touch’ the human heart in order to even get consideration in the first place. That is why sales pitches, hype, fast talking and slick in-your-face intrusive advertising does NOT work any longer.

Show me your interesting story (your human touch point) and you can call it a branding or anything else you like.

Character shows up in those little things most take for granted like keeping your word especially when it’s inconvenient, taking personal responsibility even if it cost you, returning phone calls, looking out for others well being before your own.

Basically, the way I see it is business success in this new economy will depend largely on your intentions, your motives. That is the way it used to be and that is how it should be in my books.

Everyone gets it you are in business to make a profit but what are your intentions and motives towards your customer, your employees, your vendors, your competitors, your community, your country?

That is the question and observation on the minds of today’s new consumer. Gone are the days of “Sell, Sell, Sell!!” Consumers have so much choice when it comes to deciding who they will spend their money with. You can’t rest on ‘old model’ business thinking and processes any longer if you want to ensure they choose you to spend their hard earned money with.

The intent and motive of your heart (your business, corporation, whatever started in the heart of someone) is going to be a deciding factor on what side of the “Great Business Divide’ occurring now.

What I am talking about here as to having a ‘Good Heart’ should be the basics for anyone in business. If it’s not…the new consumer emerging today will demand it and if you don’t genuinely deliver, you will have a hard time with business success in the 21st century.

65% of Americans’ Believe Business Should Lead in Social Good

Even though many businesses are jumping on the Twitter and Facebook bandwagon…they are finding they are on the outside of the bulk of conversations and not having the so-called instant success many of the Social Media gurus are promising. That is partly due to the fact businesses still think Social Media is just another form of advertising!! So how do they typically approach this? Well for the most part, they are still using the ‘old advertising model’ of shouting at people to get attention and conducting one way conversations about themselves, their brand, their great deal, and blah, blah, blah.

That is completely opposite of the way real live humans (consumers) converse and this certainly applies when it comes to social media. Conversations between people are two way. That is if you are really interested in connecting with people instead of just selling ‘at them’.

Marketers, businesses, and brands that are still pushing themselves on folks are being completely ignored and grouped with all the other annoying cyber noise class. Talking at your potential customer is OUT! It takes two way engagement to even get in the conversation game in the social media realm let alone influence someone to buy from you. Far too many believe they can just show up and Facebook friends will be eating out of your hands or Twitter broadcasts will ensure the masses come running. This is so far from the truth it’s sad.

Anyone selling you on the idea you can use cutesy or clever ads, quotes of the day, last minute deals or any other midway type of shenanigans to incite the masses to word of mouth you along like the greatest new ice cream flavor ever is just flat out lying to you.

People are talking! There is no doubt about that and this is what you want them to do about you. In my opinion, the social media platform is one of the greatest things that could ever have happened to businesses today if you understand what it really is, how to use it, and respect the people using it.

A perfect example of the incredible opportunities made available via social media is just this week Mashable.com reported on Facebook’s 500 million member milestone! That’s just amazing. One online application has managed to attack a cyber hangout of 500 million members and growing!!

Facebook 500 million

When it comes to Twitter, it’s also a powerhouse as well! Courtesy of Huffingtonpost stats as of the end of April this year check these few facts out…

• Twitter now has 105,779,710 registered users.
• New users are signing up at the rate of 300,000 per day.
• 180 million unique visitors come to the site every month.
• Of Twitter’s active users, 37 percent use their phone to tweet.
• More than 40% of all tweets start with @, which means they are directed at someone.
• 85% of Tweets are original and not re-tweets of other messages.

If you are in business, you MUST be in the social media space if you want to be taken serious and compete in this new business era. However…there is a right way to do it that can put you on the path to long term success. I’m telling you up front though, it’s not a quick BAM here I am kinda marketing thing. Expect it to take lots of smart work! And be clear here, Social Marketing Is Not For the Lazy, the Greedy, or the Arrogant. It not only takes smart and hard work to be successful in this sphere, but it also takes the RIGHT strategy, planning and execution. See more on this “Useless Social Media Plans” from my colleague Jay Deragon over at Relationship Economy.

Want Social Media Marketing to work for you?

Well you better get in tune with the right information flows that give it to you straight and truthful. Really take the time to identify who you want to have as customers and start talking to them. The best place a business can start the transformation they must embark upon in order for any of this to make sense or even work for them is to consider your motives and intentions for being in the social sphere in the first place. Yes, I get it…you are in business to sell, to make a profit. That is understood and expected by even your customer. But what worked in the past does not work now. This is really an age of connectedness like never before and people don’t want to be connected to fakes, wanna-be’s, get rich quick quakes, ‘get more eyeballs’ types, or the socially irresponsible and so on. They want and demand to be connected to the real deal. And when they read your mail (in the conversations you have socially) and see you are the real deal…they will gladly share you with their sphere of influence and on, and on. Powerful, but it can be unsettling if one of your business values is not integrity. Integrity is at the core of meaningful conversations and relationships online and off. Always had been…always will be.

This was the poll question…Do you care about Cannes?

Here is what the results were at noon (CST) on June 23rd…

Click to enlarge

I’m sure I’m going to hear it over this but to me this is a prime example of how out of touch many advertising, marketing, PR agencies and departments are concerning today’s new business era. Close to 80% participating in this poll are indicating this event is no longer relevant in the world of 21st century marketing. What do you think?

This has stemmed mainly from the fact social media opportunities are powerful marketing options today.

My concern with this is someone in business may think these self proclaimed digital marketing experts preaching this point of view really know what they are talking about. Some do for sure…but I find that loads of them don’t.

To suggest a business does not need to have their own business website real estate clearly indicates to me this person has not been on the marketing scene very long and they certainly do not understand marketing in its entirety nor do they understand today consumers and what motivates them to emotionally connect with a business, online and off.

In my 20 years in marketing and sales and the past 13 years in digital media development…I have worked with businesses from all types of industry sectors both large and small and I know firsthand the real value of what I call business digital assets.

I also know firsthand that many business clients are a bit confused on this fast moving vehicle called digital marketing so they rely heavily on their “web people” or “digital marketers”.

Hey… I am both of these and I am proud of that. What I am not proud of though is I am sad to say I have seen too many clients taken advantage of because they don’t really know enough about this arena and what really is best for their business. It is for that reason I decide to address this topic and offer my perspective and experience on this so that I may bring to light what I believe are  advantageous reasons why if you are in business today…you must have a business website!

Reason # 1
Your business needs a ‘Homebase’ (your website) online. No other type of web presence you invest your time and money into can provide you the ability to “own” your customer base like your own website. Here is where you can really develop the trust needed to begin to build a huge email list or digital rolodex and other connections which you own. When using 3^rd party websites and platforms, you do not “own” your customer…they do! When I say “own” your customer, I mean that in the most respectable way of course, but you get the picture of what I am saying I’m sure. It’s simple…he who owns the customer wins!

Reason # 2
Your website or websites can be strategized and designed to fit your target audience to the tee. You have the creative freedom to really connect on a deeper level with your customer or potential customer on a deeper level than any other digital platform available can offer because the content, format, message, landing pages, emotional value, etc. can be specifically tailored to that audience therefore providing fertile ground to create a powerful emotional connection with your audience which in turn gives your business the credibility and relevance needed to build lasting relationships which are so vital in this new business era. Personalization and customization are very powerful tools today.

Reason # 3
A professional business website can give you instant credibility and leverage. By the way, when I say professional I don’t mean some template cookie cutter website. I mean a website that has been strategically and creatively designed to benefit both the customer and your business. But…that’s another topic for another time. Research has shown most people who are doing organic searches for a product or service or people who have heard of you in some manner…go to the internet search engines (Google) to look up your website! They don’t go to look for the social networking site your business is a member of, or email campaigns you have done, or online ads you invest in, etc. No…they usually go directly to your website first if it is listed. Yes, those other digital presence destinations you have may be important to them but it is not the initial point of credibility they identify with you at.

Reason # 4
A business website is a very valuable business asset. Just as your domains, digital media, graphic designs and images are. Yet after 13 years in this business, I still am surprised at how many clients not only don’t know if they own these assets which in most cases they paid lots of money for…they don’t even realize the value of these digital assets to their business overall.

Digital assets are like your cyber fingerprints so to speak because they most likely will follow the life of your business and are key identifiers for your digital front door to the world, your digital access,  protocols, and even branding.  Of course this will be ever evolving if your business is really invested in staying fresh on the digital side of business but none the less, these are very valuable assets. So much so, I know digital assets have even been key factors in the determining the net worth of a business.

So the next time you hear some so-called digital expert state your business does not need a website…I highly suggest you not be swayed by this ridiculous opinion but rather see the incredible value your business website can and should be as it adds to your bottom-line and overall marketing approach. For more on this topic see my article Why You Better Stop Treating Your Website Like a Redhead Step Child!

Show some love to your website!

Oh, also bookmark Jay’s website while your at it. He has a great forward thinking mind!

Also, while you are at it…check out the Facebook Era website where Clara Shih has wrote a new book explaining the psychological shift going on in minds and hearts of consumers!

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Sad to see these folks lose their jobs for sure but on the other hand I think this is a great wakeup call for those who depend on using custom social networks in their business strategy.

This is one reason I believe placing your most important digital assets in someone else basket is NOT a wise strategy. If you realize the advantage of valuing your digital assets…you will be way ahead of many competitors who simply want to pass this off to their web people.

Using free services is extremely valuable to businesses and groups today but the strategy should be to use these to lead the client, customer or members to your own web property so you have most of the control and say so. Not the other way around!

Keep in mind when using these 3rd party sites, the member data belongs to the site…not you! Your web presence strategy should be designed to ensure you end up being the owner of your tribe. After all, you are the one putting all the work into providing the platforms and opportunity for your tribe to connect. As you often hear me say…”He who owns the client wins”.

There are still many good options for you to own your social network platform and these can provide you the longevity and security to keep your online organization flowing, growing and safe.

Protect your digital assets! They are valuable to your business growth.

With so many things available through technology to market and reach your customer directly today…why don’t more business owners take on more of their own marketing efforts?

You would have to have been on another planet this past decade not to know we have entered into a new business era. This is so a direct-to-consumer market now. People want customization and personalization and a one-to-one experience.  The middle man and gatekeepers are dying off by the droves in every industry segment!

One thing I’ve discovered and relate to as a consumer over the past few years is people want more than a transaction! They want a meaningful connection.

That’s one reason the middle guy can’t deliver anymore. People want real. Who better can deliver ‘real’ connections than you…owner of the business?

The way I see it, you have a really huge edge over those who just hand off all their marketing to some agency or organization that probably cares more about you paying your invoice to them than if your customers really have a lasting emotional connection with you and your business. That edge you have is YOU know your products and services best and you know your customers and can interact with them on a personal level regularly. What gets me though is I see lots of business owners not take advantage of this huge opportunity either because of fear of the new digital frontier (although they don’t readily admit it) or because of what I call ‘Status Quo Mindset”.  You know…it’s the “that’s the way we’ve always done it” or “I don’t care about all that Internet stuff it’s not hurtin my business”. RIGHT!

Well, I’m convinced business has changed forever…not all are going to be successful in this new business era because there will be many who will not change. We hate change for some reason when that is what life is full of. But that is another story

Point is, if you are recognizing you gotta do something different to not only compete but transform your business…technology and Social Media has made it sooooooo possible for businesses to be more hands on with their marketing if used properly. Blogging, Social Networks, Twitter (your 24/7 broadcasting network), Share bookmarks, and more all provide you with direct customer interaction and get this… Most of the tools are Free!

Yep, it’s true. Many marketers don’t want you to realize this but Do-It-Yourself Marketing can work well to move your business in front of others because you are the one in the center of building relationships with your customer. And, you can do an excellent job to market your business YOURSELF.

Am I saying you just get online and jump in and see where you end up? No. Am I saying you should not seek out professionals in marketing to help your business? No again. Why that is what I do for a living!!J

What I am saying is YOU should learn about the DIY options available to help your business and enlighten yourself on the importance of the new landscape in marketing and relating to your customers in this digital economy.

I’m also saying you should seek out marketing professionals who want to empower YOU by teaching you how to do this yourself rather than them selling you a bunch of hype and programs to hold you hostage so you feel you have to have them to help you do this successfully.

Look friend, all I’m trying to relay is this is a brand new business era we are in. Don’t let technology or anything else keep you away from taking the reins of your business and guiding it into 21^st century marketplace. You have a lot to lose if you don’t DIY.