Owning and running a business can be difficult in a challenging market.
With so much at stake you will want to engage in marketing and
advertising that is proven and effective to avoid wasting your time with activity
that does not benefit your bottom line. This is where business
directories, both online and in print can play a key role in your marketing
plan.
Why
business directories?
According to a recent study, when researching a product or company,
8 out of 10 people will use a directory. Of those who use directory searches, 8
out of 10 of them result in a purchase or intent to purchase.
Business
directories are a great form of targeted advertising. When someone chooses
to access a business directory they already have a specific need for your
service or product. All you need to do is position your listing in the appropriate
directory and design your entry so that catches the attention of your target
customer before the competition grabs them.
Where online directories are concerned, it helps to select those with
high traffic volume in your target market. MJ for example, within the marine
sector, benefits from a high Google Page Rank (an algorithm that Google uses to
determine the relevance and importance of a web page), which will enable your
own listing to appear higher in Google Search Results, thus increasing the
likelihood of the user finding your company.
For print directories, you should consider targeted directories and/or those
pertaining to your particular niche market. In addition to this, actively look
for advertising opportunities within the directory section to further enhance
your own brand.
Are
business directories profitable?
Maintaining your online listing or directory entry can bring a great
ROI. A recent analytics study found that businesses who maintained their
print directory listing saw an average of 20% in growth in a twelve-month
period (70% of respondents reported year-on-year gains in call volume directly
related to their directory ad). Those companies offering an ‘emergency’ service
tend to gain the highest average increases. The same study also found that 36%
of customers who made a purchase after responding to a directory listing were new
to the company, never having used that business before.
Where online listings are concerned, 97% of consumers research a product
or service online, looking at an average of 7.9 difference sources, including
directories, before making a purchase decision. We all know that if we want to
turn a prospect into a conversion, we need to remain front-of-mind to our
potential customers, so that when they are ready to buy, they think of us
before our competition. This view is reinforced by evidence that shows that
brand recognition significantly increases conversion rates.
Choosing
your online and print directories
It is not effective to just “spam” your business into every directory
you can get your hand on. You still need to ensure you are choosing ones that
will give you the biggest ROI, in line with your budget and business aims.
Top consideration should go to directories in your niche markets, where your
potential customers will start their search for your services. It’s important
to find the right mix of directories for your business.
Can
online directory listings increase my web traffic?
Listing your company and company URL on online websites not only helps
your ROI, but can also help your website appear higher in search results for
certain terms. The more quality web pages that you can get your site listed or
mentioned in, the more authoritative Google will begin to think your website
is. When Google chooses where your webpage will appear in search results, Page
Rank (the authority of the webpage) is one of the factors that can
significantly increase your chances or being ranked first, or at least on the
first page, for a particular search term or phrase.
What
does my business need to do now?
Directory listings should form part of on-going marketing plans. First,
look at your directory options based on your business niche and region. Look up
your competitors to see where they are advertising and consider whether or not it
makes sense for your business to have a presence in these directories too. Aim
to stay front-of-mind to your customers as much as possible, but without
appearing “spammy.”
It may take time to find the right mix of directories to advertise your
business in. Putting in place an analytics or tracking system to see which
directories are giving you the best return, either in click thrus to your site,
in direct revenue, or in call volume is important in tracing activity. This
could include using special tracking campaign links for online directories, or
a unique phone numbers or URLs for print ads. Over time, by being consistent in
monitoring activity, you will be able to find the best mix of print and online
directories that perform well for your business.
Finally, it’s important to keep in mind that listing your company in a directory
is not just a one-off project. It needs to be maintained, and your strategies
adjusted based on what your competitors are doing, and based on your
changing business goals. The best way to achieve this is to maintain regular
communication with your key contact person within the company listing you in
their directory. If they don’t know what you and your company want to achieve
how can they help you in the most effective, timely way, within your budget?
In summary, maintaining business directory listings as part of your
marketing plan is a proven profitable business strategy for your business.
Advertising
Your Business
Advertising
your business to a specific targeted audience has many advantages. It provides
the opportunity to brand build and enhance your business to the next level. Whilst
there are several ways to advertise your business locally, one of the most
effective is through an online directory. This method of advertising your
business effective and gives a good ROI. It is important when considering your
online directory presence that your business is listed in a top directory with
direct access to your key markets.
Develop Brand Image
All successful business take advantage of brand management and image making. All markets have recently faced tough competition. Your competitors will be trying hard to make their company image the ‘go to’ brand for the products and services they offer. Why lag behind? Listing your company on an online directory, with direct links to your company name, address, photos, videos and news updates will keeping you at the forefront of your customer’s minds. The association with MJ, a trusted, reliable, market leader, will also reinforce your brand image, so that you can win the trust of your potential customers.
Enhance Your Business
Staying one step ahead of your competitors is vital in such a challenging business environment. 70% of the population now prefer online search channels for a particular service or product. The benefit of being listed in a directory is that you are able to select the key search criteria to suit your business and each your target audience. If you aren’t out there, how will they know where to find you? With a directory listing, many more potential clients can be exposed to your business when you take advantage of being listed under key categories, according to your company’s speciality. This makes your directory listing more accurate and targeted. One of the key benefits of listing your company with MJ is the excellent opportunity this gives for search engine optimization via a direct link with your own website. This strengthens your presence and the possibility of increasing the number of visits to your website.
Cost Effective Advertising Publicity
There are several local advertising sources available to choose from, but among them online directory advertising has proven to be the most cost effective, especially for those with a small budget. Maintenance is minimal and long lasting support is provided whilst your entry is active.
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