Dr. P.,
In accordance with our conversation regarding the use of
blogs as an IT tool for our business I offer the following. Blogs have long been known as a vehicle for
voicing the vibe or pulse of an organization.
Many corporate blogs are presented incorrectly as they are used,
typically, much too obviously, as marketing devices. Even cleverly written blog such as a blog
used by Zillow, which creatively informs buyers of financing options for their
next home purchase, ultimately directs potential buyers to Zillow’s Mortgage
Marketplace. Such a blog is certainly informative
however any mortgage broker would provide their clients with the same
information. The blog doesn’t generate
adequate levels of business to justify existence.
Implementing the use of blogs for marketing at our firm
would be a fruitless endeavor. Valuable
time would be spent by our marketing department writing and posting blogs that
would not lead to top or bottom line growth.
The costs incurred to create the blog would not be offset by revenue
generation as 85% of our construction business
comes from repeat clientele, 12% from referrals and 3% from website inquires. A better allocation of resources would be spent increasing and updating our website content. Therefore I
recommend we pass on implementing the use of blogs in our firm and focus our marketing resources on further developing our website and strengthening our relationships with existing customers through the use of company sponsored events.
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