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5 Alternatives to Pay Per Click Advertising Your Brand Should Consider

5 Alternatives to Pay Per Click Advertising Your Brand Should Consider

The foundation of Internet advertising is the banner ad, with the pay-per-click model following closely behind. Google was the first company to make PPC (pay per click) huge, and it works out pretty well for both the advertiser and for the company charging them for the clicks. It’s a win-win for sure, but sometimes you have products or services that don’t seem to work with PPC advertising or you just aren’t getting the response that you used to. What you need is a fresh new approach and that’s why you should consider one or more of these five alternatives to PPC.

We discussed the lay of the land and several alternatives to the PPC with five industry experts to find out what they recommended. Read on to see some of their valuable insights.

1. YouTube Pre-Roll Ads

YouTube has been doing better and better when it comes to their advertising policies and now, with new rules in place for the pre-roll ads, advertisers aren’t going to have to pay for advertising that doesn’t net them any actual results, like the five seconds of an ad that plays before the viewer hits the “Skip” button.

Aaron Hocket, Partner & Sales Team Leader at AltaVista Strategic Partners was the first expert we conversed with. He believes that YouTube’s “True View” will benefit them even more now that advertisers only pay for completed views, and actively encourages their clients in the construction industry to use YouTube instead of PPC.

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He goes on to illustrate how YouTube ads can work as a better alternative to PPC for some a number of specific services, while offering value at the same time:

“One example of how we are using YouTube as an alternative to PPC: Working with a plumber, we will create branded “how to” videos related around multiple residential services such as fixing a leaky pipe under the kitchen sink or unclogging a bathtub drain.” He explains. “Using an exact match keyword strategy within targeted zip codes, we will run the appropriate ads correlating to the search query. A user searches “How to unclog a bathtub drain” and clicks on the first video where we run an ad that starts “The first step to unclogging a bathtub drain.” and are able to capture and 4 minute video completions as we are fulfilling the user’s needs. We end the ad with a powerful call to action.”

2. Email Marketing

Email marketing is a great form of advertising that has quite a few different benefits. Email marketing is definitely more personal than some of these other alternatives and it makes the person think that you are talking directly to them, even if they know deep down that they are one of many. Brad Owen of Never Bounce says that you should be using it as something extra, not as a sole way to advertise.

“If you’re not using a direct form of communication in conjunction with your PPC campaigns, you’re leaving big money on the table.”

“While PPC boosts your traffic needle, unfortunately it does very little for your overall conversions; that’s all up to you and your on-site marketing strategy.”

Brad adds that the average user will require six touches prior to completing an action. Although PPC can bring users to your site, that’s only one “touch.” Email marketing then can account for many more “touches” at once with a great autoresponder sequence.

“Organically growing and nurturing your customer email list is the core to continuous engagement with your customers.”

3. Influencer Marketing

Advertising with an influencer isn’t anything new. In fact, companies have been relying on influencers for hundreds of years, but these days, there are some very specific people who are having an impact on what consumers buy and anyone who wants to get their message heard should be focusing on them.

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“We all know that social trust is key in the future of marketing,” says Noah Everton, a growth strategist at ShoutOurBiz. ”But for a brand to truly succeed and get a head, they should be looking to influencers within their niche. When I consult marketing teams, I always tell them ‘your competition is already reaching out to influencers, how do you plan to stay ahead of their game?’ And usually I’m met with a blank stare.”

Companies like ShoutOurBiz and FameBit help companies stay head of the competition because they are the meeting place between influencers and the brands that want their vote of confidence.

4. Content Marketing

One of the biggest trends when it comes to Internet marketing is the rise of content marketing. At first, only a few were seeing value in this activity, but now even the smallest businesses know that content marketing is necessary and effective.

Christopher Martin, Digital Marketing Manager at Flex MR, believes that PPC advertising is currently suffering through an “image problem.”

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“Ad fraud and blocking have been hot topics amongst online marketing specialists throughout 2015.” He points out. “To make sure you aren’t wasting your 2016 marketing budget, consider investing in an effective content marketing plan instead.”

5. Reputation Marketing

Finally, reputation marketing is absolutely vital and cannot be ignored by any business large or small. In the old days, if you had a few dissatisfied customers odds were they wouldn’t influence any of your other customers. Now, those naysayers might end up costing you tens of thousands of dollars or more because they have a pulpit to preach from. Lauren Edvalson is the CEO of Edvalson Marketing and says that the best online partner for your PPC campaigns is reputation marketing.

There are tons of reputation marketing companies popping up. Organic search results are not showing websites, they are listing companies with five star reviews on review sites like Yelp or Angie’s List. It’s so important to put a strategy and budget to creating customer advocacy programs. Each person who works for your company then becomes aligned with your marketing efforts by asking customers to provide feedback about their experience. Taking it a step further, if you are a sales driven business, incorporating great customer service into the way you measure employee performance will keep your sales people honest and protect your reputation.

Featured photo credit: Josh MacDonald via joshmacdonald.net

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Josh MacDonald

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Last Updated on May 15, 2019

10 Most Successful Entrepreneurs and What We Can Learn from Them

10 Most Successful Entrepreneurs and What We Can Learn from Them

Apart from making crucial decisions for their own businesses, entrepreneurs innovate and grow their ideas. Albeit there being no cookie-cutter answer that fits everyone’s experiences, taking a look at some of the most successful entrepreneurs today, you might spot some similar traits and characteristics.

Starting and nurturing a business entails a great amount of hard work and commitment. However, for aspiring entrepreneurs who are prepared to dedicate themselves to their vision, here are 10 most successful entrepreneurs you can learn from:

1. Melanie Perkins: Know Your Worth and Keep Trying

    Melanie Perkins founded Canva, a Sydney-based business valued at $1Billion having successfully raised a number of rounds of successful funding and boasting more than 10 Million users in 179 countries.[1]

    She told BBC that one of the biggest challenges she faced getting into the business was talking about her company’s accomplishments when she first got to Silicon Valley. She attributed this difficulty to a cultural difference where Australians tend to ‘talk down’ their achievements and this would slow down her fundraising progress for a few years.

    Despite hundreds of rejections, Melanie emerged three years later with a much clearer strategy and stronger investor pitch that prompted a series of fundraising rounds netting the company $82Million of funding in total.[2]

    2. Bill Gates: Keep Learning and Exploring

      If you don’t know Bill Gates, you likely know the company he founded – Microsoft.

      Bill Gates’ story is a prime example of nurturing an idea that might seem out of this world but make sense in the future. One of the most successful entrepreneurs in history did not complete his degree at Harvard University to pursue a vision that the technology would soon become the future.

      He told a white lie to Altair, saying that he had made a computer program for them, therefore pushing himself to create a system that would change modern history.

      “The most important speed issue is convincing everyone that the company’s survival depends on moving as fast as possible.”

      Gates’ success is built on self-improvement and the seeds of an idea.

      3. Elon Musk: Never Stop Innovating

        Traditional thinking suggests that in order to become a successful entrepreneur, one must focus in a single field or industry.

        Elon Musk, however, breaks that rule.

        Today, the multifaceted tech entrepreneur, investor, and engineer advocates for the diversification of skills and businesses by delving into various fields of interest.

        When done right, skills in a single domain can be carried over then applied into contrasting industries to create something new the world might need. Musk owes his accomplishments to a constant thirst for knowledge.

        Having birthed Tesla and a myriad of products across the arenas of aeronautics and software design, Musk continues to evolve as an entrepreneur and plans to innovate for the long haul.

        4. Richard Branson: Develop People First

          British entrepreneur Richard Branson founded Virgin Records in the early 1970s. Virgin Records has since grown into the Virgin Group, today responsible for over 400 companies.

          The billionaire is strongly particular about working with a team that shares his core values and aspirations.

          Branson believes that managing a business can become taxing, thus he acknowledges his employees for putting in the effort that they have.

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          A good leader knows how to raise morale for positive productivity. Utilising emotional intelligence and compassion is a game changer in seeing results within a team.

          Branson’s supports the idea of nurturing a positive work environment, with the belief that credentials must go hand-in-hand with an enthusiasm for work.

          5. Jeff Bezos: A Relentless Focus on Customer Satisfaction

            Having founded Amazon, Jeff Bezos is known to be one of America’s most successful entrepreneurs. The e-commerce pioneer fixates himself on angry customers with the belief that a business’s loopholes are found in the experiences of unsatisfied customers.

            For the 8th year in a row, customers have ranked Amazon as the number one in customer service (according to the American Customer Satisfaction Index).

            While numerous companies ignore unhappy customers, Bezos found success in learning from reviews and surveys. By focusing on customer service, Amazon shows they care, both for their customers and for rising above their competitors.

            While praise and recognition are signs that a business is accelerating, criticism is an opportunity to improve a product or a service.

            6. Mark Zuckerberg: Start Small, Think Big

              Valued at over 55 billion dollars today, Mark Zuckerberg built the first version of what would become a social networking giant in his Harvard University dorm room. As one of the world’s youngest entrepreneurs, Zuckerberg undoubtedly took countless calculated risks to get his brilliant idea to its current status with 2.38 billion active monthly users.

              “The biggest risk is not taking any risk.”

              He’s always daring to explore with a fearless mindset.

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              The young tech entrepreneur never shied away from innovating outside of the box. Soon after Facebook became a hit to users and advertisers, big corporations took interest in buying Facebook from Zuckerberg.

              However, he took the risk and decided to stay with his creation. Turning down billions of dollars offered by Yahoo CEO, Terry Semel, he envisioned turning his brainchild into something much bigger than what it already was then.

              7. Steve Jobs: Live Your Own Dreams

                Steve Jobs lived a rocky path all his life and an aspect of which is a tumultuous career.

                The founder of Apple endorsed his beliefs on the temporality of life and limitations of time. He preached about the importance of working on the very legacies people wish to leave behind, an achievement he’s undoubtedly etched into the the archives of human history.

                Never one to hide under someone’s shadow, Jobs did not live by anybody else’s principles so he formed his own. He tirelessly dedicated himself to building a unique brand of products that became the benchmark for contemporary technology.

                After his highs and lows through his brief battle with cancer, Jobs concludes with yet another lesson to takeaway from his remarkable life. “No matter how much money you have, even the richest man can’t buy time.”

                8. Warren Buffett: Balance is Essential to Success

                  Despite being the third wealthiest person in the world, Warrant Buffett sported a frugal lifestyle for most of his life.

                  After buying a house in Omaha, Nebraska for just above 31,000 dollars, he has lived there since 1958. As a leading investor and a founder at Berkshire Hathaway, Buffett believes in setting aside an amount to save and spend only on necessities.

                  With a long term goal as a top priority in mind always, treating oneself can be sustainable once in a while. He advices to save money by deciding first and foremost what aspects to scrimp on and what aspects to splurge on to ensure a happy and balanced lifestyle.

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                  9. Jack Ma: Never Give up

                    On every journey to success, everybody stumbles and arrives at roadblocks. Some more than most, like Jack Ma, who survived countless rejections and failures only to get back up and brave every storm.

                    Ma is the founder of multinational technology conglomerate Alibaba Group. Despite being rejected to Harvard after every one of his 10 applications, Ma was never defeated.

                    His grit and tenacity is a fine testament to the fact that grades do not determine a future. While qualifications on paper are important, the development of skills and an attitude is just as helpful in making a recipe for success.

                    Despite finding himself in the verge of bankruptcy in the 1990s, Jack Ma possessed the resilience to put one foot in front of the other until he finally made it. “It’s important to have patience,” he says.

                    10. Tan Min Liang: Passion Can Pay Off

                      Tan Min Liang is the founder of the leading high-performance gaming hardware, Razer. Always on the look out for new opportunities to connect and scale his business, Tan has been bold in making many of his life’s decisions.

                      Having deviated from a traditional path set by a family that consists of doctors and lawyers, Tan was to find his life’s work and passion while gaming with his older brother.

                      The idea was simple: there were so many games out there to play, however, there were hardly any gaming equipment to match this.

                      So he dropped out of law and began going a different direction, into creating solutions in the gaming industry. At the start of 2019, Tan wrote to tech luminary Elon Musk to which Musk’s reply suggested of a joint venture between two of the most successful entrepreneurs today.

                      Final Thoughts

                      In today’s cutthroat world, the road to becoming a successful entrepreneur is a long and arduous process trailed with ups and downs. A valuable lesson that a good hand of entrepreneurs would love to convey to aspiring entrepreneurs is to keep the spirit of innovation and to explore uncharted waters.

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                      Learning from experience and failure is one direction to a desired end goal. Exhibiting the same dedication and grit so many entrepreneurs have through their unexpected careers – today’s budding visionaries ought to hang on their dreams and leave room for improvement along the way.

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                      Featured photo credit: Patrick Tomasso via unsplash.com

                      Reference

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