Digital media is transforming how marketers engage with customers and prospects. Whether you’re marketing to business executives or consumers, it’s critical to monitor the fast-changing digital media space.

So what’s on the horizon for digital media in 2012 and what does it mean to marketers?

Three marketing experts shared their forecasts last week at a program sponsored by the American Advertising Federation-Cleveland. Here’s what these digital media pros see in their crystal balls and some insights for using digital media in your smart marketing strategy.

Top 10 lists are everywhere this time of year. One of the most interesting lists for marketers is the Top 10 Most Viewed Ads on YouTube, as reported on Mashable.com. These are TV spots people chose to watch online, by the millions. That’s an advertiser’s dream. But what makes these ads so popular? It’s not crazy gimmicks or over-the-top production techniques, though some of the ads have spectacular visual effects. I think it’s about storytelling. The most watched ads of 2011 engage viewers in a compelling story. Here’s why storytelling is such an effective advertising technique and how to tell stories in your smart marketing strategy.

Every smart marketer knows the importance of an effective website. But there’s a big difference between a good site and a great one.

A great website is the foundation of a smart marketing strategy. It supports your brand promise and differentiates you from competitors. It delivers high-value information that demonstrates your capabilities and makes people want to do business with you. And if you’re a business-to-business (B2B) marketer, it’s probably also your best tool for lead generation, according to new research.

So how do you create a great website? It’s all in the planning.

Here’s the planning guide we use when creating new websites for clients of our Cleveland marketing agency.

How many times have people at your company told you that they just don’t “get” social media – or understand why your company needs to join Justin Beiber and Lady Gaga on Facebook, YouTube, and Twitter? These aren’t just idle comments. Misconceptions about social media can hurt your brand and hamper your ability to compete in your marketplace by limiting your company’s participation in the social media dialogue. And if the people who hold those misconceptions also control the marketing budget, alarm bells should be ringing in the marketing department. Here’s how to get your company onboard with social media marketing and help everyone understand why social media is a powerful element of a smart marketing strategy.

Permission-based marketing is now at the heart of relationships between companies and their customers and prospects. People opt-in to receive your emails, like your company on Facebook, subscribe to an RSS feed from your website or your channel on YouTube, or follow you on Twitter or LinkedIn.

But having permission to market to someone isn’t a license to bombard them with marketing messages. In fact, not knowing when to shut up is a classic marketing mistake.

Here’s how over-marketing can kill a customer or prospect relationship and 7 ways to avoid this costly error in your smart marketing strategy.

The 2011 Social Media Habit Report by Edison Research and Arbitron, reported on Hubspot last week, provides a wealth of statistics that prove the ubiquity and influence of social media.

But what’s most fascinating about this new research is the window it opens on the habits of the 46 million Americans who check social sites several times a day.

Who are these habitual social media users? And what can marketers learn from their extraordinary level of engagement with social networks?

Here’s what this important study shows and three takeaways about social media for your smart marketing strategy.

Every advertising and marketing agency is in a constant search for new business. But as a marketing agency president, I’ve learned the hard way that not all prospects should become clients.

Even if you’re a marketing agency looking to grow, sometimes it’s smarter to walk away from prospective new business than enter into a bad relationship. How do you know when to stay or go?Here are 7 warning signs that a new prospect could become a bad client for your marketing agency.

Do you know which of your customers are most profitable to your business? Or even how to measure customer profitability?

One of the best ways to gauge the value of a customer is to perform a recency, frequency, and monetary value (RFM) analysis of your customer data. Here’s how RFM analysis works and seven ways you can use insights from RFM for a smart marketing strategy.

A fresh creative concept is crucial for effective advertising and a smart marketing strategy.

But too many advertising and marketing campaigns recycle the same, tired creative themes and copy phrases over and over and over.

This is more than annoying. It’s a guaranteed audience turn-off and a misuse of the marketer’s resources.

Here’s the 2011 edition of my annual list of the most overused creative themes in marketing. How many do you recognize?

Are you getting a good return on your investment in marketing? Could it be better?

One way to find out is to conduct a top-to-bottom review of your entire marketing plan to determine what’s working and what isn’t.

This process is sometimes called a marketing audit. I’m often asked to guide audits as an independent marketing consultant and I recently shared advice on how to do an audit effectively.

What specific factors should you assess in a marketing audit? Here are 40 questions I recommend for evaluating the effectiveness of your marketing and developing a smarter marketing strategy.