The eROI presenters, Dylan Boyd, Alex Williams, and I, have traveled all over the country to give presentations on various topics from Building Community Online to The Value of a Welcome Email Program to New Trends in Measuring the Success of your Online Marketing & Social Media Efforts. This blog post is an overload of resource material for 3 great presentations - enjoy!
This year’s theme for our company appreciation party was put to a vote. After the votes were tallied the theme was shrouded in mystery until a team email was sent with the reveal in true eROI Rock star fashion. This year it was fated to be… Summer White Party! Using our new eROI Event system we created a totally themed event that the email linked to. Check out the process for creating The eROI Summer White Party.
The finished product, see how it was done below.
I met Tom Szaky, barely 25 years old at the time, and a pure, scrappy, entrepreneur’s entrepreneur, at the 2007 Inc. 500 conference in Chicago. He spoke before keynote President Clinton and was clearly the more engaging speaker of the two (a pretty tough feat considering how dynamic Clinton used to be). Tom, born in Hungary, grew up in Canada, and dropped out of Princeton to start “The Coolest Startup in America” called Terracycle where every product and its packaging is made out of garbage. His story is fascinating and the lessons business leaders and public policy-makers can learn from his success are significant. The irony for Portland, one of the greenest cities on Earth, is that most business leaders and policy folks had never heard of him and were quite doubtful that some young kid would be any good as a keynote speaker at the wildly successful Greenlight Greater Portland annual event - thankfully, Tom proved them wrong with an excellent presentation of how to win by innovating and by being greener, better, AND cheaper. I don’t have his presentation electronically, so until I get it, you’ll have to settle for the YouTube video on his Good Morning America and Oprah appearances six weeks prior.
My two fellow eROI NYC folks, Chris Masagatani and Kavita Makadia, joined me in attending the June 1 Ignite NYC event just a block from Chris’s apartment in Midtown. I had been to an Ignite event in Washington DC which was pretty good, but a little stiff and serious, so my expectations were moderate before going to the event. At this NYC event, I was blown away by how creative, funny, and polished each of the 5-minute presentations were. I highly highly recommend you watch the video below of the brilliantly funny Baratunde Shares of The Onion.
It’s that time of the quarter again for you to be involved in a really cool study to see how many of us in REALITY actually practice what we preach when it comes to testing our email campaigns. The “Email Testing Survey” should take 2-3 minutes and you’ll probably learn a bit in the process of answering some pretty insightful questions. Also, you have a good shot at winning a Flip Ultra Video Camera - take the survey here >>
Fill out survey, and you could win this
The results should be fascinating as everyone in the email marketing world always talks about testing, testing, testing, but not everyone has time, patience, $, or know-how on how to do testing right.
Once again, take the survey and you might win a fun new toy.
Guy Kawasaki bootstrapping image
Yesterday, Chanin Ballance (founder/CEO of viaLanguage), Mitch Daugherty (founder of Morange Design), and I (the eROI guy) got together to plan what we’d talk about for a webinar about Bootstrapping and our personal experiences with self-induced starvation and endurance thru the early days. It was like catching up with old friends after a couple years - the instant bond entrepreneurs share in dredging up old stories that weren’t fun at the time, but are great memories in retrospect. The OEN Webinar is set for June 17 (registration isn’t live yet, but will be shortly) and we’re going to use a different format than the usual put-your-audience-to-sleep-with-powerpoint. We are going to try to re-create the casual, round-table discussion among entrepreneurs sharing candid stories. Some of the topics will include:
– Risk vs Reward - How do you know if it makes sense to bootstrap your idea?
– Keep your Day Job - The stress of self funding with no income can sometimes lead to failure
– Cash Flow - How to get a handle on your most important business aspect
– How to market your business on a shoestring budget
– Why most business models don’t need funding as it can be a big distraction
Guy Kawasaki, in his old-school days before Alltop, delivers some awesome advice on this on his 2006 blog post titled “The Art of Bootstrapping”
I’ve attended hundreds of marketing conferences over the years, and spoken at a few, but this one was pretty unique in that the speakers and content were the best of the best from all over the country on leading topics such as email marketing, search marketing, and social media. But more importantly, Online Marketing Summit delivered in making a lot of personal connections primarily through its founder, Aaron Kahlow, who ran an online marketing agency for years and understands the subject material inherently and the crazy breed of people known as online marketers. Here are my tweets from Aaron’s opening session at the Washington DC OMS on May 14:
I highly recommend you attend another OMS - there’s also a good chance you will see eROI folks like Dylan Boyd, Alex Williams, or me speak at some of the upcoming cities - Chicago, Austin, Denver, Minneapolis, San Fran, Portland, Seattle - there are others as well - check it out here >>. I will try to dig up where my presentation from this event is posted - stay tuned.
Many companies have treated email as the “red-headed stepchild” of the online world, but as money gets tight and targeting become more important, “rock star” becomes a more appropriate term for the direct marketing technique. Natalie Zmuda’s article, How E-mail Became a Direct-Marketing Rock Star in Recession, shows that not only are businesses talking about beefing up their email, they’re actually allocating a budget for it. Because of the relatively low cost of using this form of marketing during a recession, email has been looked upon with new eyes. While other forms of marketing have flourished in the past, the interactive nature and sustainability of email has proven most effective. One of the most important aspects of a strategic email campaign is that it is trackable. In Zmuda’s article, Zappos.com mentions that segmentation will be a big part of their strategy moving forward. By looking at the data from their previous “mass mailing” technique they can start to identify what to send and to whom to send it to. A case study recently done by eROI lays out the importance of this and using the full potential of the data that is driven from email campaigns. Below is an excerpt from the Advertising Age article.
E-mail has emerged as a recession darling, as retailers look to proven programs that are cost-effective and results-oriented. That’s led to increasing investment in technologies that better target customers and serve up more enticing messages.
“The economy has energized this channel,” said Ryan Deutsch, VP-strategic services and market development at StrongMail. “It’s become the rock star of direct marketing in a lot of these retail organizations because it’s the most cost-effective and most trackable.”
Here is my twitter stream from this morning’s Portland Business Journal Power Breakfast event where Ziba Founder, Sohrab Vossoughi, inspired me from a creative and entrepreneurial standpoint. Sorry for the upside down notes, but you’ve got to start at the bottom and read up:
Kevin Tate, a buddy of mine, had an awesome analogy featured on the front page of the Oregonian today in the article “Tech entrepreneurs defy recession” by Mike Rogoway. Here’s the excerpt from the article with Kevin’s quote that really got me thinking from a different mindset:
“Portland fosters the creation of small, furry mammals rather than dinosaurs — the really big things,” said Kevin Tate, 35, CEO of StepChange Group, a social media advertising and marketing specialist in the Pearl District. The “dinosaur” model of big corporate campuses and regimented software development (think Microsoft — or even Google) is going by the wayside, Tate said, in favor of more informal and collaborative arrangements. Portland’s current high-tech foment positions the state well to capitalize when the recession ends, provided its technology entrepreneurs have the appetite to take it on. “What happens when things start coming back?” Tate asked. “Will the small, furry mammals evolve?”
Nearly 9 years ago, 7 mainly tech start-up entrepreneurs co-founded a group called Starve Ups. We all survived the dot com implosion, but were influenced by really wanting to scale our companies for growth. Some Starve Ups companies have grown a little faster than others, but many contain a desire to do something world-changing with our companies through software, social good, amazing company culture or all of the above. I really like Kevin’s quote because it is accurate and represents a strong contingent in Portland’s software community, but I think we need to be honest with ourselves that our dream is to do something bigger and be more like a lion than a forgettable Chihuahua. So, how do we get there? Lack of capital is usually at the top of the list, but our biggest limitation is our mindset. Let’s grow game-changing, sustainable software businesses in Portland and tout Portland’s livability and balance as a BONUS, not a detriment to growth.
Comment below with your ideas of a more representative furry mammal for Portland.
This morning’s article on eMarketer, “Marketers Moving to Digital Media” had some really encouraging and powerful data in it. For all of us in the interactive agency and email marketing industry, this is great news that validates our gut instinct that we’ve been seeing anecdotally. The article begins:
“Looking for an upside. In the wake of the global economic downturn, marketers worldwide are shifting more of their budgets into cheaper, more-measurable categories. In most cases, that means online.
Although the name of the organization might imply a slight bias, in a survey by the Society of Digital Agencies (SoDA), 81% of respondents said they plan to invest at least as much in digital marketing in 2009 as in the previous year.
More than 77% of traditional advertising agencies are increasing the amount of digital in their budgets by 1% to 29%. And over 10% are upping online budgets by 30% or more.
Some guys will just have more talent than I will ever have. This guy is absolutely amazing. It has nothing to do with online marketing but everything to do with inspiration. It keeps getting better throughout the video. Write your comment in haiku if you feel inspired.
The unsung hero behind an amazing integrated, grassroots campaign of traditional marketing, in-person events, and social media (well, she was mainly the social media part) gave a great keynote speech at the eMarketing Summit of Innotech today. Rahaf Harfoush was great. I show my twitter stream below of notes from the event, but also noticed she just launched a new site and blog - http://www.rahafharfoush.com/
Here is my twitter stream from Rahaf Harfoush’s awesome keynote speech at Innotech:
Very progressive. We can’t go backwards now to restrict all info to public.about 3 hours ago from TwitterBerry
Impossible to replicate. It was the perfect storm.about 3 hours ago from TwitterBerry
Grant park had 1 million deliriously happy people. Thx for great presentation @rahafharfoushabout 3 hours ago from TwitterBerry
The PDC (Portland Development Commission) put together this video featuring business folks from Laika, Ziba, Columbia Sportswear, Oregon Iron Works, Vestas, Wieden+Kennedy and eROI. If you dig Portland and the surrounding area, check out the video below.
As I was biking in to work this morning along Waterfront Park (Willamette River and Mt. Hood views), I caught up with a colleague of mine who works at the PDC and we rode the rest of the way into work together. It was one of those “Portland moments” where it would be unexpected anywhere else for a couple business guys who haven’t seen each other in 3 months connect on a morning commute into work. Portland, like Amsterdam, has a biking culture, and with the right gear, it’s refreshing to bike rain or shine (although SUN is so so much better). Here is the NY Times article my Dad (who lives in Washington DC) sent me as I arrived at my desk this morning:
“A LOT of good cyclists come out of Portland just because you can ride year-round,” said Bruce Rogers, an athletic-shoe designer visiting from his home in Hailey, Idaho. “I love coming back because I love the biking, no matter what time of year it is. More than fitness, it’s a fun outlet. As long as you have decent rainwear you can ride in any weather.”
Careering through streets on a bicycle in Portland, Ore., this time of year can be an easy weekend adventure that mixes showers, sunbursts, cafes and a robust bicycle culture. And equipped with a sturdy rain jacket, booties, fenders and a bike map (a waterproof version that folds to the size of a credit card is handy), visitors can enjoy the city the way locals do.
Here is a great example of making your transactional email more than just a notification. When done right, transactional email can be a great branding opportunity.
Check out this awesome shipping confirmation email from Cd Baby below (click to enlarge).
I saw this…
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