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Every successful conference around blogging, podcasting, social media, RSS and the like seems to bring up the inevitable comment 'why don't you have more B2B examples for us B2B marketers?'

Point taken. In fact, point very well taken. Take, for example, the concept of 'micro-celebrities', which was the recent topic of conversation for Robert Young and for Ed Batista at AttentionTrust.org. i think that we're so attuned as marketers to talking in terms of 'consumers' and thinking only of the B2C folks that we overlook the power of some of these tools within the B2B context.

Micro-celebrities is one of those things that I see as being even more powerful in B2B than on MySpace or anywhere else. Think about it, who are the micro-celebs in your industry? I bet you know them, have met them at a conference or can access them through journals or other industry trade pubs. Granted, often times these folks are either consultants or tied to your competitor, however, that's not always the case.

Let's take the example of 'micro-celebrities' on MySpace and turn it on its head for B2B.

When it comes to advertising in mass media, a big name is required since such campaigns are only effective if the viewer already knows who that celebrity is. But in a social network, micro-celebrities who are well known within their network of micro-communities could prove just as effective and potentially even more so, particularly if such campaigns are able to generate buzz, excitement and a cool-factor.

As for MySpace’s role in all this, they are in the unique position to know better than anyone (as the owner of the platform with all the user data) who the 'brand-safe' users are within its network.

Thus MySpace can effectively play the role of talent agent by aggregating a list of users who would be appropriate for advertisers within various categories. In fact, the incentive 'to be discovered' is likely to spur many users to express themselves in a manner that will position them favorably for consideration.

OK, so we're not going to be doing much B2B on MySpace, but we could leverage professional associations, organizations and conferences to do something like what KI just did with Healthcare Spaces author Roger Yee at the recent NeoCon 2006 show. Who the hell is Roger Yee, you might ask? Well, that's the right response. You probably shouldn't know...he wouldn't be a micro-celebrity if you did! However, for the healthcare furniture market or the American Academy of Healthcare Interior Designers (AAHID), you know exactly who he is and a campaign targeted at your market would likely mean something to you. And you'd give it your attention! (after all, that's really all we have left - attention).

Getting after 'attention data' in B2B might be even less complicated than in B2C, and we could do it through the power of association(s). For example, if I'm a member of the DMA or AMA, and I attend their respective conferences, I am giving my attention to things like direct marketing or marketing research or something of the like. As a potential marketer to those folks, I need only to know a bit about the associations that they run with and the types of events they go to in order to more effectively target my marketing toward what my target base is paying attention to. It's still not the be-all-end-all for getting end-user attention data, but it's getting closer and it would seem easier to do with conference attendance and association membership because your target base is very actively self-selecting and directing their attention patterns.

Of course, smart marketers always want their customers to own their attention data, but I envision that we could see a major impact in B2B attention marketing if some of the larger associations were to promote services like the Attention Recorder.

Technorati Tags: attention, B2B + Marketing, micro+celebrity

Co-host Brad Forsythe interviews Karen Jones, Vice President of Advertising, Brand and Promotions for DHL.  Karen Jones is Vice President, Advertising, Brand and Promotions for DHL and is responsible for building the DHL brand through advertising, sponsorships and brand identity. Ms. Jones’s expertise and experience lies in global brand building. She joined DHL from Hewlett Packard, where she spent 15 years developing the HP brand, working in a variety of marketing and communications capacities. She created a universally consistent brand image by transforming and unifying HP’s advertising and communications campaigns. Most recently, she served as the director of worldwide brand advertising at HP. Prior to her impressive brand building responsibilities at HP, Ms. Jones held several positions at Compaq Computer Corporation, including Director of Marketing for the iPAQ products. She has also owned her own marketing communications company, Ballast Communications.

For entertaining advice join hosts, Ray Schilens and Brad Forsythe, for a lively and informative discussion.

Co-host Brad Forsythe interviews Dave Balter, Founder and President of BzzAgent. Dave has over 10 years experience in marketing, previously founding and running two promotional marketing agencies, the most recent being sold in October 2001. He has also spent a number of years working for a variety of corporations, including Kessler Financial Services, where he managed direct marketing and affinity program implementations for Fortune 1000 clients, and Webb & Co., where he analyzed circulation and fulfillment operations, and performed statistical modeling for consumer catalogs. Dave was named to the "40 under 40" by the Advertising Specialty Institute in 2001, and "Top 7 individuals changing the face of beauty" by Women's Wear Daily in 2004. Dave holds a provisional patent in the process and systems of Word-of-Mouth marketing and research. He is also a founding member of the Word-of-Mouth Marketing Association (WOMMA), co-chair of WOMMA's Ethics Council, and a frequent speaker to corporations and universities on the subject of Word-of-Mouth and non-traditional media.

For entertaining advice join hosts, Ray Schilens and Brad Forsythe, for a lively and informative discussion.

Co-host Brad Forsythe interviews Susanne Lyons, CMO of Visa USA. Susanne is responsible for all aspects of brand, advertising and marketing services for one of the world’s most successful payments companies, and serves on the company’s Executive Management Committee as Chief Marketing Officer. She has held senior marketing and general management roles at some of the largest financial services companies in America. She also served as Chief Marketing Officer for Charles Schwab & Co., Inc. In her ten year career at Schwab, she held various marketing and general management positions, including Enterprise President of Retail Client Services, where she was responsible for 4000 customer service employees.

Co-host Brad Forsythe interviews Asian branding expert, Jonathan Holburt - CEO of Holburt Consulting.  Jonathan has spent 21 years in advertising after a career start as an English teacher in Tokyo. He has worked on such major accounts as Procter & Gamble, AT&T, Kraft, Hewlett-Packard and Pepsi Foods while at Saatchi & Saatchi, Young & Rubicam and DDB. A native Californian who graduated from UCLA, Jonathan has spent 19 years in Asia, having lived in Singapore, Hong Kong and Tokyo. He started his marketing consulting company, Holburt Consulting, in June 2005 and has clients in Vietnam, China, Taiwan, Malaysia and Singapore. He has written a novel (which is in the process of being “optioned” for the movies) and numerous articles for the Asian Wall Street Journal.

For entertaining advice join hosts, Ray Schilens and Brad Forsythe, for a lively and informative two-hour discussion.

Co-host Brad Forsythe interview Brian Steinberg, the advertising columnist for The Wall Street Journal. Prior to being appointed to his current position in 2003, Mr. Steinberg was a special writer and the media business reporter for Dow Jones Newswires, the Company's realtime, electronic news division. As Newswires' lead media reporter, he covered many subjects and companies and edited "The Pitch," a weekly marketing column, which he originated with another reporter in September 1999. Mr. Steinberg joined Newswires in 1997 as a reporter covering the telecommunications industry. Mr. Steinberg was a business reporter and columnist for the Capital in Annapolis, Md., before joining Dow Jones. He has also worked as a news assistant in the Washington bureau of the New York Times and as an editorial assistant for Spy magazine. His freelance articles have appeared in the New York Times, the Washington Post, the San Francisco Chronicle, USA Weekend, Entrepreneur and Entertainment Weekly.

For entertaining advice join hosts, Ray Schilens and Brad Forsythe, for a lively and informative two-hour discussion.

Co-host Brad Forsythe interviews Jeff Diskin, Senior Vice President of Brand Performance for Hilton Hotels.  In his position, Diskin is responsible for providing strategic brand direction for the Hilton full service brand, targeting market share growth, meeting revenue targets, overall brand positioning, brand marketing, and establishing and maintaining brand standards. Prior to his appointment as Senior Vice President, Diskin served as President, Chief Operating Officer – Hilton HHonors Worldwide, and was responsible for the worldwide marketing and operations of the award-winning Hilton HHonors hotel guest loyalty program. He joined Hilton Hotels Corporation in 1989 as Manager of Business Programs, and later was promoted to Director of Business Programs for the company. Prior to joining Hilton, Diskin held a variety of account service, customer service, and creative management positions at Marketing Performance & Innovation (MPI), a subsidiary of United Airlines.

For entertaining advice join hosts, Ray Schilens and Brad Forsythe, for a lively and informative two-hour discussion.

Online visibility and online traffic are, quite naturally, of paramount importance to everyone and anyone marketing or conducting business online, period.

While RSS will not perform as your key tool to improve online visibility and generate more traffic, its importance for helping you do so cannot be disputed.

It will help you:

• increase your traditional search engine rankings;
• improve your online visibility by making your content available where people are increasingly searching for new content, such as RSS search engines and content aggregation sites;
• drive traffic from other websites covering your topic, by helping you make your content available at these websites more easily.

Deliver Your News to Where It's Searched For: Generate Traffic From RSS Search and Content Aggregation Sites

The fundamental media shift is not only happening between offline and online, but within online itself as well.

Just a few years ago the search engines, the largest portals and news sites, were more or less the central hub of where online users got their online information. They still are today, but are now challenged by the growth of new online search engine and content aggregation website categories.
It's quite simple.

Go to Google, Yahoo! or MSN and do a keyword search. What you get are somewhat the most relevant results for what you're looking for ? but without a timestamp. Search engines provide results based on universal relevancy and not on recentcy.

But what if you're looking for the latest relevant content, instead of just the most relevant content?

Enter the news engines, content aggregation sites and RSS search engines. Instead of providing results by universal relevancy, these sites provide results by actual recentcy, with of course a better or lower level of relevancy.

The point is that these websites are starting to become the central hub of searching for news online and latest content online.

Google and Yahoo! know it too ? their own news engines are among the top of breed.

But what if you don't want to search for specifically the latest news or the latest general content, but just want to search for the latest blog posts pertaining to your topic of interest?

Enter blog search engines, which will only return results from blogs. And Google has one as well, although this one is not on top.

And so on ?

Why this matters to you?

If you want your latest content to be found where people are actually searching for the latest news and other latest content, even video and audio content, you need to start using these new search and aggregation site categories to increase your reach and attract new traffic ? traffic that is interested in what you have to say right now.

And the RSS connection?

Most of these new services, although not all, rely on RSS to receive the latest content just as it becomes available and then offer it to their visitors.

In many cases, RSS is the key tool that will get you indexed and then found and read, being used to get your content from your website to the service, which will then make it available to the world.

And additionally, you can expect to receive extra traffic from RSS directories, used by people who are proactively searching for new RSS feeds to subscribe to.

Rhubarb orchard I’m not sure whether this is a Sic! item or a note flagging an unusual usage. Andrew Turner was reading the label on a jar of Tesco’s Finest Champagne Rhubarb Yogurt. It was described as “Sweet and tender champagne rhubarb from selected fruit orchards blended with cream and West Country milk.” Yummy. I’d never speak of a rhubarb orchard but—as he points out—Google has a couple of examples. So what do you call a rhubarb growing ground if you don’t call it an orchard? A rhubarb field, presumably?

Wyatting A newish phenomenon in British pubs is the device dubbed the infinite jukebox, one connected to the Internet and so capable of playing tens of thousands of tracks. Some pranksters subvert the machines by choosing avant-garde tracks to disrupt the conviviality and also to stop others from playing the same pop tracks over and over. The favourite choices among the exponents of this cruel cultural warfare include Brian Eno’s ambient music Thursday Afternoon, anything by Philip Glass, and Robert Wyatt’s Dondestan, hence the name. The idea was mentioned in a New York Times article by Wendy McClure and then picked up by blogger Simon Reynolds and by others, though the name is said to have been coined by schoolteacher Carl Neville of South London, who described it as “the cowardly white muso boys anonymous attempt at provocation and civil disobedience”.

It’s been 11 days since I started my Google experiment, and I’m ready to declare it a success on all fronts. Not only did Gmail, Calendar, Finance, Search (and my browser of choice, Camino) live up to expectations, but I discovered some features and found the whole experience liberating and efficient.

Here’s a recap — tool by tool, again.

Camino

This little sharp-shooter didn’t miss a beat as my home base for email, calendering, stock quotes, and other daily information needs. In addition to the Google products that I was officially evaluating during this experiment, I ended up leaving Basecamp (for work) and Backpack open in Camino most of the time too. It was nice to have all of this information in one spot.

(Techie sidebar: Unlike Firefox and Safari, Camino’s memory footprint stayed nice and small over the course of the week. Even now, after running non-stop for 11 days, it’s using 581 MB of virtual memory and 85 MB of real memory. Not bad!)

Gmail

Did you know that Gmail has keyboard shortcuts? I didn’t. Other pleasant surprises include smart reply behavior, excellent handling of attachments and great built-in search (okay, that’s not a surprise, but it is pleasant!).

Perhaps the only downside to Gmail was getting weird looks from my co-workers. (Them: “You’re one of those now?”) Guess I’ll have to get used to it, because I’m fully converted! So long, Mail.app; it’s been fun.

Google Calendar

All around, Google Calendar feels like a nice step up from 30boxes. I barely used the Quick Add feature, instead opting to drag my events into place the “old-fashioned” way. I also appreciate the custom view (mine’s five days), Gmail integration and snappy performance at all times of the day and night.

Everything else

• I ended up using Google Local/Maps a lot more than anticipated. One handy feature is the ability to send business info (from Google Local) to your phone.
• Speaking of Maps — I used a couple of Google Maps Mashups a lot in the past week. Gmaps Pedometer is an oldie but goodie for figuring out how far I rode, and Yelp’s Maptastic is killer for finding a place to eat in a certain part of town.

All in all, a resounding success. Bravo Google! Imagine if they could apply this kind of innovation and quality to their advertising business… then they’d have something. (Kidding.)

For those of you playing along at home — how did it go? Any grand successes or failures?

Michael van Swaaij, eBay's chief strategy officer, told a conference of software developers here on Saturday of plans to allow eBay's army of auctioneers to run contextual ads on other Web sites in exchange for a cut of the resulting eBay sales.

EBay's system differs from existing pay-per-click advertising systems offered by Google and rivals Yahoo Inc. and Microsoft Corp. by linking only to eBay auctions rather than serving as a generic advertising network.

The world's largest e-commerce site said it plans to provide hundreds of thousands of eBay auctioneers with simple snippets of code they can embed on other Web sites that showcase items that are for sale on eBay's site.

A test of the program, dubbed eBay AdContext, is set to be introduced early next week, Swaaij said. What goods appear in any particular advertisement will be determined by the keywords on that Web page, a technique known as contextual advertising.

I love my RSS reader. I have a gazillion website, blog and news feeds set up in there, and I get the latest information from all of my favorite sites. That means I can be one of the first to share it with you. And RSS Reader 1.0 has a doorbell sound effect that rings when there are new feed entries to read. So wherever I am in the house I hear it and take a look. I also get the additional bonus of six barking dogs to announce the new feed entries.

As an aside, I noticed something very interesting. Because of my RSS reader I was one of the first to cover adsenseblacklist.com, a terrific new web site that will help you screen out the cheesy AdSense ads. Because I was on it first, I popped up in the first five Google search results for this keyword for a while, which drove traffic to this site. So watch your RSS reader.

All that being said, we are beginning to see RSS used as auto update feature for websites and blogs. The first application was RSS feeds that automagically update your site with articles in your subject area from a free article site. The rationale is that this will give you fresh content that search engines will eat right up. They call it spiderfood. I call it a dumb idea. Have you read some of these articles? There's a wide disparity in quality from one to another, and I would never allow articles to be put blindly on my web site without my approval. For crying out loud...you spend hours and hours of time getting your site to a certain level of quality to build a certain level of trust with your visitors, and then you're going to allow some hack to put his content on your site without your approval, just so maybe a search engine will come a few extra times? That's just stupid.

Need more content? Turn off the football game and write some.

Seriously...if you want to use articles as supplemental content, hand pick them. Just like famous Internet marketer Wille Crawford did on his blog when he picked my article Chitika - What Went Wrong (a little humor there). I have at least 20 - 30 articles in an Outlook Folder that I'm going to post on the site as soon as a I get a chance. That's the good news - the bad news is I went through 500 or so articles to get those.

Closer to home, affiliate merchants are starting to get into datafeeds, which are sort of like file-based RSS feeds. Datafeeds provide direct access to merchant products using text files. The file contains a list of products, services, special offers, coupons or other information that you can display on your site. You then upload that information to your server and use some kind of tool or script to display the different items in that file. There are programs on CJ, LinkShare and Shareasale that have datafeeds.

While others are absolutely gaga over this, I look at it with the same jaundiced eye as the whole article thing - it all depends on your niche, the level of trust you want to maintain with your customer, and how technical you want to get.

If you have a niche that has a well-matched affiliate program, you might try a product feed. If you want to put up an occasional coupon or special offer, you can probably do it by hand rather than going through all of this mumbo jumbo.

We are starting to see products that convert merchant datafeeds to RSS, allowing you to auto-display products from affiiliate programs. Again, if you can maintain relevance across the entire affiliate line, it's a good idea. If not, you're not going to get conversion anyway, so you're wasting your time. Personally I want everything including the advertising, to have relevance to my visitors.

There's always a shortcut - in this case you're shortcutting the time and effort involved in finding relevant offers for your visitors. That may work with some sites.

If you want to know more or give it a shot, here are some resources:

1. FiveStarAffiliatePrograms - They love the idea, but I think they're plugging their own tool.

2. Smartsville has a nice synopsis. Oh...they also have a tool.

One last thing - while I was out looking for links and information, this is what someone said about using datafeeds:

Soon, I will let you know how I put this all on autopilot and never have to think about the blog again after I spend a few hours setting it up!

How do you think that blog is doing?

About the Author

Matt DeAngelis runs AffiliateBlog.com - A resource for Affiliate Marketing and Internet Marketing. Matt is the former CTO of Modem Media, a pioneer in the Internet ad space. As a foot soldier in the Internet revolution, Matt devised the technology behind many of the most successful ad campaigns of the time.

AffiliateBlog is his latest venture, and was started as a resource to help site owners and bloggers get more revenue from their sites.

When you start out a home based business it's a common mistake to start off advertising your website. If you have a website with lots of things for sale on it you'll probably just end up confusing your potential customer. They may or may not be able to determine what it is that's for sale. Here are a few reasons why it's better to advertise a Splash Page/Squeeze Page vs. a Website.

1. If you're using Google Adwords to drive people to your site then you'll want to get sales for your advertising dollar. If you're paying for people to come to your website and they are confused about what it is that's for sale, chances are that they will click on through. If a splash/squeeze page is used then you can capture names, email addresses and a whole lot more useful information. By using the splash page/squeeze page you will at least get some information in which you can use for a sale down the road. Having a newsletter sign up on the splash page/squeeze Page will accomplish this.

2. If your using Traffic Exchanges for your advertising then you'll want to make sure that your surfing is all for not. Using a Splash/Squeeze Page to capture leads for your business is what people are doing more and more now. The splash/squeeze Page forces the surfer to put in info by using a method like: "If you join now I'll give you this free.....", or "Join up now before it's too late". By using this method the seller accomplishes two things; they obtain info on the potential customer and give away probably some sort of viral e-book/software etc... This method of advertising is becoming more and more popular. Why? Because it produces results.

3. Joining Ad forums/groups is another yet not as effective way to advertise yet the same thing applies here as well. By using a well thought out ad and using a splash page/squeeze page to obtain information you will accomplish some results. If you just advertise your website, again people will tend not to take your offer up because they get confused about what's for sale.

By using a splash/squeeze page you will obtain very important information on your potential customer which will give you an opportunity to repeatedly give you chances to sell what ever it is you're selling. The whole idea of Internet Marketing is to have buyers for your products and to be able to have repeat customers is what the splash page/squeeze page is all about. If you just advertise your website then you risk the customer clicking through and not ever seeing them again.

About the Author

To find the Best Home Based Business Ideas and Opportunities Visit: http://www.siriusfreehomebiz.com/blog

It seems everyone is jumping into the "traffic domain name" game - either purchasing them for their own use or purchasing traffic from others who own these domains. For those that don't know, a traffic domain is one that has either expired and still receiving traffic, or one that is being typed into the browser url location (type-in traffic) by users looking for a particular website. These are hot little properties but often abused as some register typos of an existing popular domain - such as Google for example. Yes, Virginia, there is a lot of traffic in those typos.

I own a number of expired and type-in traffic domains and have overall had good results. The worst one gets about 10-15 visitors a day but manages to earn anywhere from $5-$20 in revenue through a pay-per-lead program I use. Combined, all my traffic domains pump out a nice chunk of change without me even having to host them, look at them or even think about them.

On the other side of expired domain and type-in traffic is services which allow you to purchase traffic from domain names which they control and manage. Now you would think this sounds pretty good after what I reported about my own traffic domains, but the sad truth is that the majority of these services are complete scams.

Oh yes, they'll deliver the "targeted" 5,000 or 10,000 "hits" you purchased, but the reality is that the actual traffic from their domains either doesn't exist at all (generated by software to create an illusion of unique visitors) or comes from sources like auto-surf sites. And it's not like you can really monitor and evaluate this traffic to know if it's real or not, and you certainly have no way of knowing if it's targeted or just junk hits. You're basically putting all your trust in the site offering the service and since none offer any guarantee that the traffic will bring you sales, they're off the hook.

Look at it this way - let's say a service is offering 100,000 premium targeted visitors for the very low price of just $49.95. Think about it. If you had 100,000 targeted real visitors at your disposable, would you sell them off for essentially pocket change? Of course not. If you were selling a product for $29.95 and only 1% of those 100,000 visitors made a purchase - then that would be 1000 sales totalling $29,950. Can you really believe that they would let that amount of money slip through their fingers just so that they can do you a favour?

Do yourself a favour - If you're thinking of purchasing traffic from one of these services, keep your money to invest in more reliable and proven options or learn about finding and registering expired domains (an article on this topic coming soon) and register them for yourself.

About the Author

Carole Nickerson has been a web developer and internet marketer since 1998. Visit http://www.thenetter.com for more free articles, tips and software.

Tina Valiedi is the Executive of Marketing and Chief Editor of MPStrategies Firm,a company whose breakthrough service unleashes the power of the internet to drive hidden potential clients to your site. For more marketing how to information visit: http://www.mpstrategiesfirm.com

Search engine marketing, internet marketing, google, yahoo.

Greg Narain and I had a long discussion with the Jive Live team at BarCamp San Francisco. They take high quality video of all sorts of live events, from art openings to the Pride Parade here in SF, and then post it to their website. In some ways they think of themselves as a daily video newspaper.

We talked about using blogs and RSS and existing video communities to spread their content everywhere, to get traffic going to their site. They currently host their own videos, and Greg and I were of the opinion that as soon as they actually got significant traffic, their video costs would start going through the rough. The difficulties of success when it comes to video content on the Internet today...

A large part of the discussion centered around what we all would and would not do on the Internet, including talking about who subscribes to RSS, uses tags, etc. As I have said time and again, feel free to ignore the small part of the population that uses these tools directly....just stick the functionality on to your site, and the structured nature of RSS, the tag glue, and the automated tools and aggregators that are in place will blast your content around the Internet, which has the net effect of raising your Google ranking, which is really how everyone finds stuff on the Internet today. RSS = higher search ranking, enough said.

Disclaimer: This post is about (gulp!) the Internet. If even the idea of putting up a real estate website for lease options leads makes you sleepless then wait for the next post on Hotlines etc that don’t require you to even have a computer. :-)

How to use the Internet to attract buyers for your Lease Options:

There is a pretty big section in most newspapers, week after week, called Rent To Own in the Real Estate Section. Some newspapers call the section Lease Option also.

You will also see ads targeting to prospects with bad credit saying something to the effect that if you have been turned down by the mortgage companies – call us to get the home of your dream.

As a side note I am not a big fan of Land Contracts in Michigan. The foreclosure process that is required to kick out a non-paying Land Contract buyer who bought your home and then defaulted is long and governed by the same laws in Michigan that govern a bank foreclosures.

Although in certain circumstances (property being vacant) you can accelerate the eviction and some astute investors who play in the Land Contract world have told me that they add a eviction clause in their custom made Land Contracts – I have yet to see one contract in reality.

So some of the companies in Michigan who advertise and focus especially on bad credit / home ownership themes might be selling a 12 / 18 month Land Contract deal which gets the seller cashed out at a later date via a refinance. So keep that in mind when you are reading these ads.

Rent To Own Ads are pretty much 100% Lease Option ads and it is a good idea to check them out in your local newspaper before you do anything so to get a feel of the marketing.

Very very few real estate investors use the Internet to market their lease options which if you choose to do so does gives you a pretty good advantage over your competition in your local city. This is how it works:

1. Run advertisements consistently (more on classified ads later) in your local newspaper. I said “local” and “consistently” – two very important and precious words to keep in mind. Also you want to run these ads EVEN when you have NO house at the moment to Lease Option (more on that strategy later also).

2. Direct your prospects to your website.

3. Your website has pictures (lots of them), virtual tour if you want to really blow them away, description of the house with the list of all the upgrades you have done, any promotion you are running (free appliances, gift gas card etc), lease details such as monthly payments, Option number and finally the most important thing of all….

4. An invitation to join your Lease Option Buyer List. So lets say 10 people come to your website as a result of an ad that you ran in your local newspaper.

Well technically you can only sell your 1 home to one out of 10 but the other 9 are still in the market to buy something. May be they don’t like “that” house but who is to say that will not like the second house that you put up next month.

Entice them and ask them to join your Hot Lease Option Upcoming Houses Notification List so they get priority notification even before the house hits the classified section.

Sort of a Pocket Listing Invitation if you want to use the REO slang.

Understand that this strategy is advanced and mostly not used by anybody. Everybody wants to wait till they have a house or worse when the house is done.

The term you need to remember in real estate is Build To Suit – if you doing this, week in, week out your market will tell you what kind of houses you should be looking for.

This is the beauty of having a website and use it for more to tell you what the market wants in your local Michigan city instead of thinking about your website as something to sell that ONE house that you have right now.

I know it might sound hard to believe at first try but really most investors get so tied up in “doing” that deal that they have burning a hole in their head that they forget to build a business.

Nothing personal – just a fact of life. All entrepreneurs go through it. I did too in the beginning.

5. These are some of the things that you should be asking at your site from your site visitors – name, email, number of bedrooms in the house they want to get, basement preference, brick or frame, garage preference, city preference, if you are operating in a city which is comparatively big – it would help to ask a more specific question for example if you see Detroit ads they will mention something like East Side or West Side preference.

Where can you advertise on the Internet to get leads?

1. Detroit Craig’s List; at http://detroit.craigslist.org Free

2. Google Base: http://base.google.com Free

3. Google / Yahoo will be a pain the rear to do and get some leads because you are competing against everybody and their mother selling a $20 book on how to do lease options. Very hard to do Pay Per Click ads and get some leads out of there – not to mention expensive.

4. The thing that I am watching closely is the evolution of Google Local ads that will let you target and run really local ads on Google, which will be really effective for our kind of business.

5. For Sale By Owner sites: cheap prices for the most basic packages. Owners.com is a good example. The whole idea is to get people come to your Lease Option website.

6. EBay – will cost money to run - $150 at least. Plus my feelings about EBay are that it is more suited toward building an Investor List than attracting local homebuyers.

Where can you advertise offline to get Lease Option leads?

I am very old fashioned when it comes to real estate leads. May be the reasons that the damm $26 ads have made me so much money. Real estate is a Local game.

Seriously doubt that a guy in L.A. is thinking about buying a 3 bedroom in Redford. But there are renters in Redford with kids in Redford schools and mom & dad working in Dearborn and Sterling Heights.

They are reading the Sunday’s Free Press and Redford Observer – may be a small percentage looks on the net – may be it is a big percentage; there is a no hard data available anywhere that can pinpoint where most of the people are looking for Lease Option deals.

But I would suggest to you that do both – with 1-2 Knockout punch:

Punch #1: Use the free resources – Google Base; Detroit Craig’s List initially till you close on some deals, put some new money in your business checking account and then think about spending some money on the Internet. Since both of the above are free (at least for the time of writing this)

Punch #2: Spend you money where it will get you the biggest Return on your Advertising Dollars – your local newspapers. In the above example – run small ads driving people to your website in BOTH newspapers – Detroit News and Redford Observer – I repeat run ads in not one but both newspapers.

Sometime I get emailed about the cost of running these ads – well I worry about what comes back to my bank account and not too much on what I have to spend.

As long as coming in number is bigger than going out number – all is good. You can charge the advertising on your business credit card and pay it once the house is Lease Optioned off.

Or you can close one deal and take $500 off right from the top to spend it on advertising on your next deal. The real big mind shift that most entrepreneurs never make is not to think of advertising / marketing as an expense but as investment to build their business.

There are 2 big things in my business I spend money like it is going out of style – my education and my advertising. As long as I feed these two dragons, all is good in Planet Ijlal.

Website Domain Name Tips:

Spend some time thinking of a good and short domain name for your website. Rule of thumb is that keep it within 21 characters with the dot COM thing so it fit in one line.

Newspapers classified sections have a notorious tendency to break down the name in 2 lines if it is long and put a hyphen in the middle. I don’t have to tell you that that becomes a different name.

I had this experience personally one time when my ForeclosureTour.com ad became Foreclosure-Tour.com in two lines. Suffice to say that I did not get any leads that week.

So keep it within 20-21 characters and you will be in the limit. Also you don’t have to use www moniker anymore. I don’t use it anymore. www.MarkIjlal.com or MarkIjlal.com work the same way.

Also I hate long winded domain names – abcpropertyinvestmentsgroup.com is a great tribute to your LLC’s name but come on…. One of my coaching group member Lou Provanzano got a cool name recently for his Detroit deal – www.DetroitOnTheMove.com which gets full marks for originality and sounding good when you say it, print it and leave it on your voice mail.

And yes I am guilty of having long names in the past too – some of them are so crappy that I am actually embarrassed to share them here.

But the point is you want to have a good name; should spend some time on it, make a list of 10-20 names; ask your significant other, if you are in my coaching group, email me the names before you blow the insignificant amount of money needed to reserve them via Godaddy.com. Get a second opinion. This is how the world will see and your business. It is worth spending some time on.

How to get your Lease Option Website Designed:

This is the part where most will hesitate because they are still thinking big dollars when it comes to websites. In 2006, websites are so cheap that there is no excuse left for not to have one.

Where can you get a decent site made?

1. Do you have kids? Do you have neighbors who have kids? Do you have nieces, nephews, and little cousins? Know anybody who goes to a high school??? Every High School in America has a clique of geeks who can design a better-looking site than most web design firms out there.

I have personally hired 16 year olds – one time even flew one from Denver, CO to Michigan to work for two weeks on a business that I used to have. I had one 18 year old actually move to metro Detroit from U.P. to work on a project.

These kids were smarter, harder working and had a better work ethic than most grown ups I have worked with in the last 10 years. They get it. And they love doing this stuff and putting it for the world to see it.

I met an 18-year-old two years ago who was designing websites for Detroit Hip Hop acts – his sites could go heads up with a $50,000 site – he was doing this for $10 per hour.

Ask anybody who is going to high school and is between 14-18 in your life. They know a geek who can whip up a world class website for you in 7 days for probably pennies.

2. You can always go the outsourcing route and use a website a www.elance.com or www.rentacoder.com which will let you post up for free what you are looking for; bunch of companies (most of them in India / China and Eastern Europe) will put up competitive bids. They all have reviews on the previous work they have done; read them and give one the site to do.

If you are totally lazy and don’t want to do anything at all – then spend couple of hours trolling Google and Yahoo and find a website on lease options that you like and then tell whomever is doing your site to make your site look like them.

And for crying out aloud don’t copy blatantly but use it for inspiration and ideas. Most people like me use a copyright protection service that trolls the web looking for lift offs.

When we find somebody cutting and pasting our stuff – we get him or her shut down. I did that to bunch of bogs already that were just copying and pasting my content on their sites.

Next Part 5: How to figure out your Cashflow Payments, Exit Strategies that nobody wants to hear about but they sure do work, the absentee owner thing.

According to HitWise (via Jeff Clavier), MySpace recently surpassed Yahoo! Mail as the most visited domain on the Internet for US Internet Users.

To put this in perspective, this means that 4.5% off all US Internet traffic visits MySpace! It also means that their traffic increased 4,300% in two years and 132% over the last year. The chart below shows the traffic growth of MySpace over that of Google.

Another interesting statistic is that besides being the top search term, myspace-related search terms like myspace.com, my space, etc., take up 5 of the top 10 search terms!

Related article:
Fear of social networking sites like MySpace may be overblown...

[UPDATE] Later this afternoon I got an email from Yahoo!'s PR company - trying to clear up some confusion around the numbers. Their point is that the HitWise stats are really comparing apples and oranges - and to a certain large extend I have to agree with that. Here is the statement from Yahoo!

Yahoo! Statement:

The report that Hitwise released today with the headline “MySpace Moves Into #1 Position for all Internet Sites” is misleading. The Yahoo! network is made up of many domains and it is not accurate to compare MySpace.com to just Yahoo!’s mail.yahoo.com domain. When taking into account all of Yahoo!’s domains together as an entire network, Yahoo! clearly remains the number one property in terms of audience share, duration share, page view share and days visited per month.

In the U.S. alone, Yahoo! attracts 129 million unique visitors per month, which represents 74 percent of the online population; in comparison, MySpace reaches only 30 percent of the online population with an audience of 52 million unique visitors. In addition, Yahoo! has the largest share of online time spent than any other property: Yahoo! accounts for 13 percent of users’ online time, while MySpace has only 3.2 percent share in users’ online time.

Yahoo! maintains its leadership position as the world’s most trafficked Internet destination online, with a community of more than 500 million unique monthly visitors from around the globe.

(These statistics are according to comScore Media Metrix, June 2006)

Also check out Jeremy Zawodny's entry on the subject

[Tags: myspace Yahoo! social networking web 2.0]

According to a recent article in the Harvard Business Review (requires subscription or can be purchased), you could and you should strive towards integrated sales and marketing departments as the benefits of having both groups work in harmony are plentiful.

Stop marketing departments who spend on advertising without tying the results to sales, stop sales departments that only fulfill demand instead of (co)creating it, and stop managers for whom marketing is nothing more than selling and sales support... p.l.e.a.s.e!

The authors see two main sources of friction between sales and marketing - one economic and one cultural. The economic one has to do with the power distribution between sales and marketing in three of the four P's - promotion, pricing, and product. The cultural one, which may be even more entrenched, has to do with the fact that the two departments attract vastly different types of people - with different educational backgrounds, skill sets, etc.

The article offers a few suggestions to better align the marketing and sales departments:

• Encourage disciplined communication - and that does not mean more communication, which is expensive.
• Create joint assignments and rotate jobs
• Improve sales force feedback

Once you have your sales and marketing departments aligned you can go a step further and work towards achieving an integrated relationship. The authors suggest the following actions to achieve integrated departments:

• Appoint a chief revenue or chief customer officer - a CRO or a CCO
• Define the steps in the marketing and sales funnels
• Split marketing into two groups - strategic and tactical groups
• Set shared revenue targets and reward systems
• Integrate sales and marketing metrics

While some of the advise and terminology may seem a little staid or even passé (after all, is marketing still about the 4 P's? and is the buying process still a funnel?), the advise is solid and practical and should benefit any company with dysfunctional marketing and sales departments.

[Tags: sales marketing hr organizational behavior]