Louis Foong

Louis Foong

The ALEA Group
Louis Foong is the founder and CEO of The ALEA Group Inc, one of North America's most innovative B2B demand generation specialists. As a thought leader with more than three decades of experience in the field, Louis guides his team and ALEA’s clients through the dynamic, evolving lead generation landscape.
  • 0 comments 123 reads
    Posted on 2012-05-23

    The Friday morning buzz on social media networks this past Friday was not the typical “let’s meet for dinner tonight”, “Poker at my house—BYOB” or “folks are out tonight so c’mon over—wings on the house”. Instead, there was a frenzied waiting and watching for social media giant Facebook’s IPO. Come 11 am, there was much excitement and the shares opened around 11.30 in New York at $42.05, 11% over the IPO price of $38. While some justified labeling it a...

  • 0 comments 229 reads
    Posted on 2012-05-15

    — Because he did not like what I told him he should do or have done months ago

    Last week I had lunch with the CEO of a Information Technology company. We met at a fine dining Japanese restaurant in downtown Toronto. Being a true blue foodie, I have in my mind a single test for the quality of food at a Japanese restaurant. So I always order deep-fried, soft shell crab. There are a few very important criteria the dish must meet. The crab must be just the right size—not too big, not too small; must have the right amount of batter, should we well-tempered. Overall, it must taste DIVINE. And this one did. It really was very good. So, my CEO friend and I both enjoyed a delicious meal. And yet, it was probably the most disappointing lunch meeting he had in recent times.

    The reason I disappointed this CEO was because he was looking for a magic potion to

  • 0 comments 850 reads
    Posted on 2012-05-09

    The words of wisdom I quote in the headline above are from Milan Kundera, Czech novelist, playwright and poet. To my mind, the man is a genius! For truly, if you cannot be innovative, you have no business being a marketer.

    The most apt definition of innovation that I could find says, “Innovation is the creation of better or more effective products, processes, services, technologies, or ideas that are ACCEPTED by markets, governments, and society.” The keyword here is “accepted” and acceptance comes from arousing interest and creating engagement.

    As far back as the early 1900s, Gabriel Tarde explained the innovation-decision process as a series of steps that involve:

    1. First knowledge
    2. Forming an attitude
    3. A decision to adopt or reject
    4. Implementation and use
    5. Confirmation of the decision

    If one were to put this in context of modern day B2B marketing, nothing has really changed. The...

  • 0 comments 206 reads
    Posted on 2012-05-02

    Do you remember the Avis Car Rental advertising campaign in the early sixties? The one that said “We Are Number Two But We Try Harder”? The company still uses the “We Try Harder” part of that tagline. The campaign put Avis back in the black after being in the red for over a decade. This is a classic example of a winning brand positioning strategy where the company is truthful (that they are not number one, but number two) and yet makes a compelling statement of why customers should choose them over other players (because “we try harder”).

    Why am I bringing this legendary campaign into my blog article? Because I believe that close to fifty years later, the same fundamentals of marketing stand true; especially in B2B marketing.

    • Don’t pretend to be something/someone you are not.
    • Be the best that you can be—and tell your target audience what you are doing to become better every day.
    • Most importantly, CONNECT with your customers...
  • 0 comments 472 reads
    Posted on 2012-04-24

    Inbound marketing using social media“I suppose it is tempting, if the only tool you have is a hammer, to treat everything as if it were a nail.” That’s the concept of Maslow’s golden hammer. And it came to my mind as I read a recent case study of enterprise cloud computing company, Salesforce.com. I was asked by one of my peers to comment on the case study because apparently, it looked like someone had found the “secret sauce” for B2B inbound...

  • 0 comments 622 reads
    Posted on 2012-04-17

    Proven Steps for B2B Marketers to Secure, Engage and Convert Quality Leads

    In the world of marketing, we all live in relentless pursuit of finding more prospects and converting more customers. Now here’s a recent study that declares “on average, 57% of a purchase decision is complete before a customer contacts a supplier.”

    customer-purchase-timeline

    Given the statistic mentioned and show in the chart above, it really should be quite simple to...

  • 0 comments 614 reads
    Posted on 2012-04-11

    But what do B2B Marketers Really Need for Sales Funnel Optimization?

    balanceBALANCE. A simple, one-word answer to the question.

    Just like the classic “which came first, the chicken or the egg” question, the debate over “which works better, inbound or outbound marketing” rages on. Now with the chicken and the egg, it really doesn’t matter what answer you choose. In fact, I would say, as long as they are both made of chocolate, who cares? (I’m still “high” on all the chocolate eggs, marshmallow chicks and fudgy bunnies from this past Easter weekend.)

  • 0 comments 354 reads
    Posted on 2012-04-05

    I’m a self-professed “foodie”—passionate about tasting new cuisine styles, adventurous about experimenting with everything, from Sushi to barbecues to Tapas, and totally unabashed with my zany streak when it comes to gastronomic delights. Now that’s fairly easy to do, and definitely low-risk if you always have a good digestive or a nice bottle of Angostura bitters. In business and marketing, on the other hand, I am certainly a lot more cautious. I observe, I analyze, I try out, I test, I measure and only then do I commit to incorporating a new tool or method into marketing strategy. Not saying I am less passionate or less adventurous—but I do stir in sufficient testing and measurement mechanisms as key ingredients of B2B marketing.

    It was with this measured, strategically crafted rather than tactical approach that we started our digital marketing journey about 2 years ago. So let me share with you a quick summary of The ALEA Group’s SEO (search engine optimization) and...

  • 0 comments 609 reads
    Posted on 2012-03-27

    10 Ways to Leverage Pinterest for B2B Marketing

    At a recent B2B networking, the conversation steered naturally to current trends in the B2B marketing world. I heard the usual chants of “our Facebook marketing is really picking up and our fan count went up x times in the first quarter of 2012”; “we answered x no. of questions on LinkedIn this month”; “I made x new connections this week”; and so on. Of course, I waited to hear some words of wisdom like maybe, “our lead to sale conversion ratio went up x times this quarter”; or “marketing contributed x percentage to our bottom line last month with some very good quality leads”; “sales have picked up now that our marketing and sales teams are working together to qualify and nurture leads”—of course, my waiting was futile.

    ...

  • 0 comments 388 reads
    Posted on 2012-03-21

    What is your social media target?CMO Survey February 2012 Follows Marketplace Dynamics and Trends

    It’s done, it’s a given; the social media bullet has been fired. The question is, does it have a real target or is it another hand grenade tossed mindlessly to create some sort of marketing explosion? Okay, so if I’m sounding like some sort of weapon and ammunition expert, I’m not one and I don’t have...