This is the first post in a new series that I am starting to share the marketing emerging marketing trends. How do I decide what is a trend? There's no scientific formula, but it based the things that I hear being talked about. Though there is not a lot of factual data involved, I do spend a lot of time researching what's new in marketing and networking with business owners. I use my real world interactions to filter the info I get from the experts and whatever is left is what everyone's talking about.
This month I have heard a ton of chatter about using Facebook and video as a marketing tools and how the Gilbert Small Business Alliance is helping grow businesses in the East Valley.
Trend 1: Facebook
This is the biggest no brainer of the three. Not only are the experts talking about how powerful Facebook is as a marketing tool, so are the business owners. This is the best kind of trend—it marries the experts' theories with practical application. Not only are the experts talking about how much you can do with Facebook, but also real business owners are actually using it. Look for my post next week detailing how you can max out your fan page and grow your following. In the meantime, here are a few facts and resources:
- Facebook is the fastest growing social network. If it were a country, it would have the fourth largest population in the world, behind India and China.
- The fastest growing demographic on Facebook is women in their 50's and 60's. Overall, more boomers are joining Facebook than any other group.
- Fan Pages can be so customized that they could serve as a your primary online presence. But as one expert put it, you wouldn't build your house on rented land—why do it with your website? Check out the Digital Marketer Podcast "How to Enhance Your Facebook Page" for more information.
- Facebook has such solid demographics on their users that you can create super targeted ads, which give you a much bigger bang for your buck than using Google Adwords. Running an occasional ad for a small budget can be an economical way to increase your number of fans.
Trend 2: Video
Let me start out by saying, I am not a huge fan of video on the internet. I don't have the time or attention span to sit and watch something for much longer than ten seconds and I am so camera shy it borders on being a phobia. With that said, I am definitely in the minority. In general, people love video content as long as it entertains, educates, or otherwise engages them. In an impersonal world, seeing a person's face and hearing their voice goes a long way towards creating a relationship. Not to mention that it is ridiculously easy and inexpensive to create and distribute. If you're thinking about diving into the world of video marketing or just want to know more check out:
- The book Crush It!: Why NOW Is the Time to Cash In on Your Passion by Gary Vaynerchuk don't think I can accurately capture the power of this book in a few sentences. If you are want to get fired up about using video or living your passion, then read this book.
- Follow @JeffUnderwwodTV on Twitter. Jeff is a client and a friend, but I have never met anyone as excited about the possibilities of video and social media. He's going to do great things and is happy to share his secrets.
Trend 3: Gilbert Small Business Alliance
At least five business people have mentioned or asked me about the Gilbert Small Business Alliance in the last two weeks. That's huge! The GilbertSBA is a lot like a traditional chamber of commerce. They host networking events and promote their member businesses. What makes them great is the low cost of membership, $45 per year vs. $300 for a chamber, and the sheer number of members. It a fast growing organization and a resource for any business owner in Gilbert or the greater East Valley. Visit their website for details www.gilbertsba.com.
These are the trends that I am seeing right now. I would like to hear your thoughts or reactions and any trends that you are hearing everyone talking about.