Archive for July, 2010

Buiding our own Frankenstein: Is engaging with customers via social media required, or optional?

Tuesday, July 27th, 2010

Social media is the greatest boon for business since, well, the cash register right?  I mean just log onto twitter and grab some Facebook love and sit back, watch the customers start lining up and make sure your cash register is full of change.  It’s that easy.

Listen to a few “experts” and they make it sound that easy.  Some agencies focus on creating Facebook pages, widgets and applications and sell it to everyone who will buy it.  Just change the colors and voila!

The fact is that social media is not the savior for everyone.  Social media is not the silver bullet, the people behind it are.  Some companies will be poised to take advantage of new forms of engagement and new ways of interacting with customers, suppliers and employees.  Then again, some won’t.

Just having a tool will not make you successful, the purpose, strategy and planning you do first might.  The way you integrate it into the entire campaign or initiative might.  Having a clean user experience may make poor tools perform better.  Even as simple as configuring the tools to support the initiative and not using the tool to define it.  Understanding the science of networks, the phsychology of why people participate and making that work for you and not against you is another way to make your social initiative stand out.  Once again, it’s not the tools, it’s the heft of the planning and purpose behind them.

Some companies have figured out how to make television work and some are still trying to figure it out after 60+ years.  For some companies, radio works great and is less expensive than alternatives.  Your business cannot be forced to go social, it has to be ready for it.

So how do you know if your company is ready to go social and what do you use first?  This week’s host of the 70th edition of #socialmedia chat will help us explore just that.  Jay Baer has been weeding out the social media overgrowth for a long time and has ben helping companies figure out their right marketing mix for more than a decade.  This week’s topic is:

Topic:  Buiding our own Frankenstein: Is engaging with customers via social media required, or optional?

Q1: What are the circumstances when a company should NOT engage with customers via social media?

Q2: What are the organizational drawbacks to engaging with customers in this way?

Q3: How should companies modify their interactions, based on individual customers’ influence (if at all)?

Join in the discussion Tuesday 7/27 at noon eastern by following #sm70 from any twitter client or simply goto our live page at www.hashtagsocialmedia.com/live.

Weaving Social Throughout Your Organization

Tuesday, July 20th, 2010

Companies are challenged to grow in uncertain times and to do more with fewer resources. There is a continuous need to explore new systems and methodologies to help your employees work smarter internally and engage external resources who will advocate more often with less incentive. As a result, organizations are turning to the promise of new web based technologies.  As our moderator, Adam Cohen puts it:

“Social media is changing the game, providing new touchpoints, technologies and techniques for businesses to build, maintain and encourage relationships with customers.  But social media tactics and tools alone will be limited in their business impact.  When combining social media with other interactive marketing practices, the results can magnify both.  In other words, social media integrated with other forms of marketing is greater than the sum of the parts.”

So what are the parts and how does the sum equal more than the parts themselves? 

Social media should not stand alone and “being social” does not change your objectives.  Being social merely changes your approach to achieve those goals whether internal or external focused.  When used as part of your digital ecosystem, the results can be significantly more valuable.  Consider the following areas:

  • CRM + Social – although we discuss it quite a bit, the market is still not at a point general adoption.  Social CRM provides an opportunity to know more about your customer’s frame of mind at the time and better understand life events that may affect purchase decisions.
  • Search Engine Optimization – most companies have paid and organic search strategies.  If your site does not optimize for what customers are asking for then your your competitors will enjoy more organic result while you will end up paying dearly for your web search traffic.  As social typically creates a wealth of fresh content (of which gets spidered by the engines quickly), you can focus the topics of your content to better effect organic results that your prospects are using at the time.
  • Content Management – Ask this wealth of content is developed, you are creating a corporate asset.  If you are a global company or run across an enterprise, there is a lot of value to making those assets reusable across campaigns, countries, departments, etc.
  • Mobile - find companies where they are, when they are there and in the way they want to be found.
  • e-Commerce – Imagine going to Best Buy site, searching for TVs and your friends from Facebook populate the TV screens.  You would be more apt to take notice and spend time.
  • Website-optimization – Imagine once again that the first set of comments on that TV are that of your friends who have purchased that same TV.

This does not even mention customer service, marketing, advertising and running campaigns.  To cover this topic in more depth is Adam Cohen.  Adam is a partner at digital agency Rosetta.  He will tackle one of the bigger issues that we have had on this chat and is more than capable of doing so.  The topic and questions this week will be:

Topic: Weaving Social Throughout Your Digital Marketing

Q1) How should marketers approach weaving social media tactics into their marketing arsenal?
Q2) Why does blending social media improve the effectiveness of other tactics?
Q3) Which tactics have the most impact when combined with social media? (Think both digital and traditional)

Be sure to follow the conversation this Tuesday 7/20 at noon EST by tracking the #SM69 tag on Twitter or visit our live page at www.hashtagsocialmedia.com.

Mobilizing Your Social Strategy

Tuesday, July 13th, 2010

Mobile devices are becoming smarter and smarter.  Devices are able to handle most functions of a computer to some degree and users have adopted smart phone use internationally.  As a marketer, your plans must include social.  Whether your business is large or small, social can play a significant role in marketing to those customers on the move.

Our host this week reigns from the digital agency Red Urban.  Tom Edwards has been around both the social media and mobile media blocks a few times and brings a true blended expertise that is tough to match.  Tom will help us understand what to look for and why to get the most out of mobile and social media. 

Topic: Mobilizing Your Social Strategy
Q1)
How are you integrating mobile to extend your social initiatives?
Q2) How are you maximizing the mobile web?
Q3) What tactics are you considering (Proximity, Augmented Reality, QR Codes) to extend digital/social
into retail?

Join us for this week’s chat Tuesday 7/13 at noon eastern.  To participate follow #sm68 from your favorite Twitter client or simply follow along from our LIVE page at www.hashtagsocialmedia.com/live.

How to Get Measureable Results From Your Facebook Presence

Tuesday, July 6th, 2010

When it comes to social networks, Facebook is certainly the 800 pound gorilla in the room.  For this reason, Facebook is (or at least needs to be) a staple in most every company’s social media strategies.  While there are other social networks out there, none hold the attention or capture the market share of consumers especially in the US market.  In fact, here are a few stats from the Facebook stats page:

People on Facebook
  • More than 400 million active users
  • 50% of our active users log on to Facebook in any given day
  • Average user has 130 friends
  • People spend over 500 billion minutes per month on Facebook
Activity on Facebook
  • There are over 160 million objects that people interact with (pages, groups and events)
  • Average user is connected to 60 pages, groups and events
  • Average user creates 70 pieces of content each month
  • More than 25 billion pieces of content (web links, news stories, blog posts, notes, photo albums, etc.) shared each month.
Global Reach
  • More than 70 translations available on the site
  • About 70% of Facebook users are outside the United States
  • Over 300,000 users helped translate the site through the translations application

As a marketer Facebook is one of those places you have to be in order to interact and engage with your customers and also as a way to be seen as relevant and impactful.  A marketer without a meaningful presence on Facebook for their company will not last long in that position.  Therein lies one of this era’s greatest challenges, making your Facebook presence work for you and not against you.  Anyone with 20 minutes can throw up a corporate page on Facebook and call it a presence.  Like anything else though, it pays to spend the time and resources to make your presence work for you. 

One of the key things to remember when considering your Facebook presence is how it will fit into your overall digital marketing strategy and what it will accomplish as part of it.  What are some other key take-aways you ask?  We decided to bring in the queen of Facebook marketing to help us answer that question.  Mari Smith will be hosting this week’s chat on the topic.  The coauthor of Facebook Marketing: An Hour A Day, Mari brings a wealth of practical experience to us.  The topic and questions will be:

Topic: How to Get Measureable Results From Your Facebook Presence

Q1:   How do you gain momentum with a Facebook fan page?

Q2:   What should you be measuring on Facebook?

Q3:   How do you scale Facebook engagement?

Join us for this week’s chat Tuesday 7/6 at noon eastern.  To participate follow #sm67 from your favorite Twitter client or simply follow along from our LIVE page at www.hashtagsocialmedia.com/live.