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!

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.

Just look at these recent numbers!

It doesn’t take a professor to see the immediate future is ripe for beginning to think about how you are going to connect with today’s incredibly connected mobile consumer.

Just looking at this snapshot of numbers you can see why you need to start adding mobile marketing to your strategy.

- 82% of all adults have a cell phone
- 58% of all adults send or receive text messages (7-in-10 of cell phone users)
- 27% of all adults have sent or read a text message while driving (1/3 of cell phone users)
- 14% of all adults bumped into something / someone while calling/texting (1-in-6 of cell phone users)

- Pew Research

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

He indicated a busy businessman would pay $20 month to have their Facebook, Twitter, Plaxo or Bebo account updated, messages replied and so on and this would be way cheaper than hiring a new employee in-house or contracting independent U.S workers.

Sounds reasonable right? Well I guess it is if you want a surefire way to go out of business quickly in this new day and age. Look…haven’t we had enough experience with what a bad idea this greed driven approach is yet?

The notion you can use ‘canned’ conversations, get rich quick schemes, famous quotes, and other non relevant chatter to build real relationships with customers in the ‘socialsphere’ is just plain gimmick and lazy approach thinking to try and capture consumers. People are way too smart for this!

Today’s consumer not only can read right through this type of hype and pitch…they will absolutely loathe you for it.

Am I saying having a 3^rd party service your social media marketing is a bad thing? Absolutely not! In fact, it can be a brilliant action on your part and certainly position your business probably faster and more effectively than you can on your own.

What I am saying here is don’t think you can be lazy or half stepping this stuff.  The work necessary to provide targeted and relevant content that is sincere and meaningful on behalf of your business rather than a bunch of noise, will and should rest on your shoulders. That means you have to be willing as well as sincerely committed to doing the work it takes to successfully engage with your customers and potential clients in the online social scene. It should be placed as a priority right up there with the other things you are doing to grow your business.

In my experience working with clients it saddens me to see many are not willing nor do they see the importance of truly committing to adding Social Marketing into their everyday marketing mix and strategies. And don’t think that I’m finding this with just small business. The folks over at Social Times posted an article on this very thing… 50% of Companies Entering Social Media Have Plan. Their take on a couple of recent reports on this topic revealed even large corporations are not investing their time, money and efforts to create meaningful strategies and plans in order to ensure their company is emotionally connecting with their target markets. Many think you can rest on your brand, just ‘show up’ or put on a charade to appear you are in the trenches with 21st century marketing and they are in with the customer.

Not true! Today’s new business era will no longer support or tolerate status quo mindsets and approaches. Just like having an offline relationship takes lots of personal investment, so it is with online. No free rides for marketers. No free rides for business. People do not care about your brand like you think they do. This is the age of the great awaking for anyone in business. Integrity, intent, motives and transparency are the tell-tell signs of what a business really wants from and with a customer.

What about you? Does your business have a plan, well defined strategies for incorporating Social Media into your marketing and business processes? If not, would you if you knew how to get started? Let me hear from you what you feel you need in order to transport your business into the 21^st century way of doing business.

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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Every type of online advertising scored better with consumers in 2010 than a year ago.

Consumers say articles that include brand information are the type of online advertising they’re most likely to read and act upon, compared to banner ads, pop-up ads, email offers or sponsored links.

Article-based advertising was preferred by 53% of respondents who said they are “very likely” or “somewhat likely” to read and act upon the material.

Coveted demographic groups are even more likely to express a preference for articles. According to the survey, 66% of people between the ages of 25 and 34, and 60% of those making at least $75,000 per year, say they are “very likely” or “somewhat likely” to read and act upon article-based advertising. Pop-up ads were least likely to be read or acted upon.

In the national study of 1,053 adults conducted in March 2010, survey respondents rated their likelihood to read and act upon five types of online advertising: banner ads, pop-up ads, e-mail offers, articles that include brand information, and sponsored search engine links. Respondents said they were “very likely” or “somewhat likely” to read and respond to:

Articles that include brand information: 53% compared to 51% in 2009.
Email offers: 51% compared to 47% in 2009.
Sponsored search engine links: 40% compared to last year’s 39%.
Banner ads: 28% compared to 25% in 2009.
Pop-up ads: 19% compared to 13% in 2009.

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.