Many smaller companies developed their offerings when the company first opened. But they don’t always revisit their products on a routine basis, and they are not necessarily as engaged in product improvement as they need to be. In the competitive markets we find ourselves in today, it’s important to keep pace with shifts in the market and changes that may…
As a small business owner you’re probably always looking for ways to improve the results you get from your marketing. Many business owners don’t feel that they are getting enough leads or that the leads they are getting are not closing as often as they should. These can be among the first signs that a marketing tactic is not doing…
Artificial intelligence has revolutionized the way businesses operate, and it has already become an essential part of the marketing industry. One specific form of AI that is gaining popularity in marketing is generative AI. Generative AI is a type of AI that creates new content by analyzing existing data. In marketing, this can be used to create customized content for…
TikTok has been in the news a lot lately. In case you’ve missed it though, Congress is considering a ban on the app if China does not sell its ownership in the company. The concern is the risk to the privacy of millions of Americans and national security. My goal here is not to get into a political debate, but…
Nothing is without challenges, and it seems that marketing automation was designed to prove that. Automation tools can give you a real advantage in direct competition when they are part of a model that results in optimized profit margins. But when they are used incorrectly, they can cause a drop in profitability. There are plenty of tools on the market,…
Every company is currently trying to find creative ways to do more with less due to inflation, which is driving up fixed costs and causing disruptions to cash flow. Cost-cutting actions are being recommended by most advisors and many companies are following that advice. One area that is frequently targeted for cost-cutting is marketing, but that can sometimes lead to…
Inflation makes it much more difficult for any business to succeed, but it can have worse consequences for small businesses than larger organizations. We are not sure how long inflation will continue. It is dropping, but the aggressive action of the Federal Reserve has not stopped it, and their action may bring on a recession. Even if that doesn’t happen,…
ChatGPT is an advanced conversational Artificial Intelligence (AI) model developed by OpenAI. An AI model is a program or algorithm that utilizes a set of data that enables it to recognize certain patterns. ChatGPT is a Natural Language Processing (NLP) model that was developed to recognize and respond to natural language with human-like text, based on the input you give…
Marketing programs have relied on data for a long time. When was the first time you heard the phrase “data driven marketing?” A long time ago I’ll bet. Business success is built on data. Data collection, use, management, and protection are all changing rapidly. And those changes will cause impacts that ripple throughout your business, but especially on your marketing…
I get it. Business owners need to save money, and marketing seems like an easy enough task to tackle on your own, so why not Do-It-Yourself? I mean, these days there are plenty of marketing “how-to” videos and blogs. And when you also have access to “secret strategies” that are shared by experts, DIY marketing should be a walk in…