Archive for September, 2009

Aligning the Brand Personality with the Personality of the Individual Representing the Brand

Sunday, September 27th, 2009

The new rules of PR 2.0, something this week’s moderator Brian Solis spends a lot of time with.  Public Relations pros have built their careers being the voice BEHIND the Brand.  Then comes the sociPR20al web.  With the social web, a new age of public relations “faces” are appearing from all over within companies.  Starting their own blogs, taking to Twitter to streamline customer help issues or using Facebook to sell product, these social pioneers are re-defining “Public Relations” in its traditional sense.  They are coming from customer service, product management, research, operations and even the cleaning crew.  This new age of PR pros are taking a different approach from their brethren of past, they are now out in FRONT of the Brand. 

Being in front of the Brand is changing the dynamics of what PR is and does.  Think about this:

  • When you are pushing your message to the public, it creates a sense of trust.  “I don’t have any reason not to believe your soup is now lower in sodium and therefore better for my health, Right?” 
  • It’s not until you engage with that consumer and create a cycle of communication that you begin to get a sense of ownership. “Hey girlfriends, Joe from Soup Co tweeted me with about a new recipe and asked if they should use grilled chicken or roasted for their New & Improved soup coming out next month. We all need to try it”

The difference between old PR and marketing and the new age of PR is significant.  It’s taking the broad messaging back to micro-messaging looking to build their following one happy customer at a time.  So what’s the downside to the new rules of PR 2.0?  Do you gain trust if Susie from marketing is talking to you about the recent drug interactions of your new Pharmaceutical instead of the research PR messaging?  It probably depends where the message is coming from and the sincerity of it that helps to align your feelings of the Brand and where you trust that Brand in the perspective of your family.

So that’s the topic this week, aligning the personalities of your brand and your new breed of “PR” pros.  Carrying the discussion this week is Brian Solis who has been at the head of this discussion since the mid 1990’s.  He is one of the leading voices in this field and will certainly add his share of nuggets into this conversation. 

Aligning the Brand Personality with the Personality of the Individual Representing the Brand

Q1: Who do you trust more? How do you know when the brand is talking or when the person behind the brand is?

Q2:  What happens when the personal Brands become larger than the Brand they represent? How does that affect your loyalty in the brand?

Q3:  Are you more apt to engage in a relationship with the brand, based on the person behind the brand? If that person leaves, do you leave to?

Be sure to join us this Tuesday 9/29 at 12 noon EST for the last #socialmedia event of September.  Either follow #socialmedia on your favorite Twitter client or follow our Live page for a filtered feed of the conversation.

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How Social Media can Influence a Next Generation of Listening – Consumer Insights 2.0

Monday, September 21st, 2009

InsightsThe explosion of consumer networks like Facebook, MySpace & LinkedIn and digital platforms such as Twitter, blogs, forums and other types of social media continue their expansion across the internet at breakneck pace.  With the proliferation of these networks, consumers have almost unlimited means by which to share their brand experiences and opinions.  These opinions, whether good or bad, are readily available to other consumers for a long time…at least.  As companies of all sizes are begining to understand that many times, these opinions have more influence in the potential purchase decisions of other consumers than almost any other form of marketing or communications.   In this case, “listening” to consumers for sentiment is a purely reactive effort. 

So if listening as we understand it is a reactive measure, how can we “listen” more effectively and for better results?  How can we better predict a consumer’s actions based things like the economy (pricing) and factors like age, gender, geography and more interestingly, social graphs?  How about emerging market trends, Brand and sector vulnerabilities?  The vast trove of data across the web can present more than typical quantitative and qualitative based research.  The information, if used in creative ways, can lead companies in understanding how cultures, personal networks and digital platforms can influence propensity to purchase, length of product trials needed, effect of negative influence, etc.  In the words of a leading consumer insights company, ScenarioDNA, it’s “looking for patterns and making connections that become the building blocks for better ideas”

Handling the topic this week is the leading digital consultant Ken Burbary from Ernst & Young, #3 on the Global list of accounting firms.  Ken has led digital practice teams from both the agency side and client side and is a thought leader on many digital practices being used today.  Ken will lead the the discussion in discovering new ways to listen, how to better influence your company with the results and how to coral the resources needed to be effective.  The questions this week are as follows:

Topic – How Social Media can Influence a Next Generation of Listening – Consumer Insights 2.0

Q1:  Beyond Brand Mentions – (good/bad) what should you be listening for?

Q2:  What resources and people are needed?

Q3:  How can consumer insights drive actionable results throughout the organization?

Q4:   Ways to fund your SMM program?

Please tune in Tuesday 9/22 at noon EST, follow #socialmedia and share your point-of-view.

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Social Media in a Regulated Industry

Sunday, September 13th, 2009

Sex, Drugs, alcoholDrugs, Booze, Insurance, and Cash.  Sound like a lot of fun? It could be, I guess, if you are not a social media practitioner in any of those regulated industries.  While we talk about being open, transparent & immediate in our social media marketing, that same approach could wind you up in in a whole lot of trouble if you are marketing a new pharma drug.  In regulated industries like pharma and banking, the government regulates how these companies can market their products.  In industries like spirits, there are some guidelines, however most of the regulation is self-administered both domestically and internationally.  Here are some industries and the guidelines they have to follow. 

  • Healthcare- Follows most guidelines set forth in the Pharma industry and also has very stringent HIPPAAlaws that protect patient information.  Hospitals must also be cautious in providing healthcare recommendations or certainly diagnosing via the web or mobile.
  • Pharmaceuticals - led by the Food & Drug Administration covering everything from Drugs, Acts, Rules to Drug Registration & Listing.
  • Banking – Led by Federal, State and Local regulations on everything from Truth-in-Lending to Securities to Foreclosures
  • Insurance – Life, Auto, Home and Flood are some of the areas heavily regulated by federal and state regulators.  For brokers, they are only allowed to provide recommendations for states where they are licensed which eliminates many general websites.
  • Spirits – In the states the self governing body for the alcohol, wine & spirits industry is the Distilled Spirits Council of the United States or DISCUS
  • Public Traded Companies – of course, the Securities & Exchange Commission (SEC) monitors all publicly traded companies in their disclosure of information that might influence modifications in stock prices.

For as much as this industry likes to talk, there is very little information available for understanding guidelines in regulated industries.  An excerpt from a post from StartupMarketingDiva clearly depicts the regulators view of web and mobile communications as simply another medium where the message still must be the same:

Dr. Jean-Ah Kang, who is the Special Assistant to DDMAC Director Tom Abrams.  Although I recommend that you listen to the podcast, the script is nicely transcribed at MM&M.  Basically, right now the FDA has no formal policy on the use of Web 2.0 social media.  The key message from Dr. Kang was:  “it’s not the medium, it’s the message.”  As long as the message is fair and balanced, it doesn’t matter what medium it is conveyed in, whether it be Twitter, YouTube, website, or other traditional medium such as print.  But even so, as a company with a drug or other product in a regulated industry, you still need to cover your a%#.  How?  Dr. Kang says:  “follow the law” by submitting two copies of the final promotional materials using the FDA form 2253 under the guidance of 21 CFR 314.81(b)(3)(i) to DDMAC.  If you think your marketing materials require advisory comments on the draft proposal, you can certainly solicit the DDMAC for assistance in advance via their CDER page.   What this does is covers you from a third party wrongly reprocessing and misrepresenting your product and brand.

Another reference is from Jason Falls who did a talk in London for a group where he went into a good introductory of the challenges in the regulatory industry. His post and slide deck are attached.

This is certainly a big subject so we decided to bring out the big guns for this one.  Scott Hepburn runs Media Emergingthat engages with companies of all types.  He will lead us through the discussion on Tuesday September 15th at noon EST.  The questions will start at noon and have a new one every 20 minutes.  We look forward to your POV in heloing us tackle this topic.

Social Media in Regulated Industries

Q1:  How can regulated companies prepare themselves to be social? (Policies, training, hiring, planning)

Q2:  Should anyone at a regulated company be able to participate in a regulated industry or only a select few? (consider both internal and external)

Q3:  Where are areas of opportunity for social media strategists in regulated companies that can add much needed value to those companies?

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Does Social Engagement Increase Company’s Financial Performance?

Tuesday, September 8th, 2009

Recently, Charlene Li from the Altimeter Group, did a research report called ENGAGEMENTdb  that looked at the financial performance of the most socially active companies on the web.  The report measured not only breadth of involvement across sites but also the depth of such engagment. 

Based on this premise, the #socialmedia chat this week will take a look at social engagement across all types of companies (not just the largest) and see where any company can have the highest impact back to its’ bottom line.  Leading the conversation this week is Michael Brito (aka @Btitopian) who is the social media strategist for Intel

Does Social Engagement Increase Company’s Financial Performance?

Q1:  What does it mean for a company to have depth in Social Media?

Q2:  How can companys use social media to make money today?

Q3:  Do socially engaged companies perform better financially or do strong companies simply use social media better?

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