Posts Tagged ‘Social Media’

Social Economics: For All Brands, You Have No CHOICE But To Do This!

Tuesday, December 1st, 2009

I saw a video the other day on Twitter from Crumple it Up. The original post came from Socialnomics. It finally brought to light all the reasons why brands, who still hesitate to engage in social media, should do it now. This is not a fad or a testing arena. Social media is a place that’s existed for a long time and has gone undetected by the big brands. This is a place that’s held powerful discussions that have affected the very brands that have ignored or dismissed it. This is a place that can impact every part of your organization as a whole. This is a place that will change the way you think and approach your business.

I understand why it’s difficult to enter into this space: some brands aren’t ready to face the consumer head on… one to one…in conversation. This is not a medium that befits a corporate PR guy, willing and ready to pull together approved responses espousing the view of the corporation to the masses. No one in the social arena pays heed to any of the corporate speak. They just want to talk and they want to be heard.

For those brands who hesitate and fear the medium, here’s what I have to say:

  • Start-ups have been engaging in social media for years and have benefited greatly. They were not endowed with huge marketing budgets so they’ve had to resort to more efficient roll-up-your-sleeves-type approaches to succeed. The key to building strong and enduring brand: do it one satisfied customer at a time!
  • People want to talk to you and they want you to listen to them. Be warned that you will hear the good and the negative. The key is learning from it and understanding its implications.
  • Confront your detractors. They are the key to making you greater. One of my clients continues to engage with the complainers, as well as the rally-the-troops-and-boycott-the-company type misfits. And they’re tackling it one issue at a time. The company has a long way to go to earn respect and confidence from its customers but the very act of engaging has mitigated consumer churn. It has also provided a NEW avenue for customers to provide their views and suggestions and feel like they’re being listened to. Once you satisfy a detractor, he will be your most avid supporter. And be ready to open the doors to a flood of new business.
  • And engage as a person. You don’t need the veil of an organized, PR-approved response — that goes nowhere in this space. It’s akin to meeting new people at a Christmas party: Introduce yourself. Tell the other person about you. Then ask about the other person. Stop and listen and understand. Remember, the corporate voice needs a human voice to be accessible and to engage in meaningful dialogue.
  • It’s not easy. It takes a lot of work. But the effort produces strong relationships that are lasting. And the money….it’ll be there as well…guaranteed!

Good luck!

No One Likes a Liar, Especially Customers

Thursday, May 7th, 2009

As a marketer, it’s very important to maintain transparency while engaging in social media.

For the first time since the 80’s the FTC (Federal Trade Commission) is revising policies regarding testimonials and endorsements. Today, more marketers are utilizing social media so the FTC is attempting to enforce stricter policies regarding social media and transparency. The goal is to hold marketers responsible for false claims and penalize them for not identifying their motives in the social media arena. I’m sure here in Canada policies are also being revised I was unable to find any Canadian articles addressing the issue.

Don’t wait for regulations to mimic how you interact with your target, remember what marketing in the social media space means. It involves searching out the target and asking permission to engage with them. It’s not like traditional media where you shout and hope they listen, for this honesty is always the best policy. If you don’t identity yourself it will likely come out later and result in distrust with brand.

I currently comment, post and Twitter for a variety of different clients. In all cases I’ve made it clear I represent a particular brand with motives of engaging with consumers and potential purchasers. Before jumping in I make a point of familiarizing myself with the discussion. It helps me find the right moment to introduce myself. Commenting on something already being discussed will increase chances that forum readers are more likely to read and engage rather than scroll over my message like they do most spam messages.

In my introduction post I always inform every one of my name, my company and the client I am working with. In most cases forum readers were pleased to see their brand reaching out to them. I’ve received a lot of very insightful feedback from consumers regarding the brand. I’ve made connections and am certain that in the future if I need any consumer insights for a category I will have these relationships to draw from. I trust their feedback and I hope they feel they can trust me.

In closing I’d like to reiterate my point - in the world of social media honesty is currency to build a relationship between customers and your brand.

How Social Media Challenges Traditional Thinking

Wednesday, April 8th, 2009

I often wonder what was the tipping point for social media? Why is it receiving more attention now than ever? It has always been there and those in the know — whether they are the tech savvy or the digital youth — saw its benefits much sooner than the rest of us. But now it’s really gone mainstream:

  • Every radio station, newscaster, broadcast media has a Twitter account. My late night TV news station uses it as a crowd-sourcing mechanism to gauge immediate opinion on key news issues;
  • Charities/causes are popping up and its organizers are wising up to the fact that they can raise awareness and donations within hours of launching their campaign;
  • The newspaper industry is dying as consumers increasingly look online to find their news and information for free. As a result, a large scale shift in ad spend is expected in 2009 away from traditional print and broadcast to online. eMarketer verifies this transformation:

internetadspend-copy3

  • Marketers have been told that this channel not only offers true measurability but it results in strong customer engagement and sustainability;

For someone like me, whose marketing roots have evolved from traditional mass to direct and database; then to online display, search and now social media –> my profound learning comes in understanding that it is a medium that continues to evolve and has yet to establish standards for marketers. I continue to hear that no one should have the right to call themselves “social media experts” and while I believe that is absolutely true, I will place my bets with those marketers and organizations who are using this medium everyday to establish their brand, and create a true understanding of their customers. These guys practice what they preach. Other industry notables have gotten their names because they’ve seemingly held the answers to a space that was virtually untravelled by the mainstream. But I have yet to see any validation of their preachings.

Could it be that the new US President Barack Obama will be known as a key instigator in bringing this whole notion to the masses by his very acknowledgement of the pervasiveness and influence of technology and its ability to shape consumer perception and build incredible momentum? The strength of Obama’s campaign and his revolutionary move into office are based on the ideals set by the Founding Fathers: Election for The People and By the People…. and NOT by the lobbyists or constituents who have traditionally influenced policy and government spend. He has seemingly abolished this practice and has brought on a new idealism of transparency (as per the video: White House 2.0: Social Media and Government Transparency)

As I evolve Ammo Marketing in Canada, the social media space is exciting and yet daunting. I have been able to convince some clients that traditional research does not compare to the unfiltered, unmoderated insights they will get from social media. The very research has opened clients’ eyes who become keenly aware of the honest commentary on their brands: the good..the bad…and the ugly. This immediately creates a sense of urgency to jump into the conversation and clarify misperceptions and diffuse detractor comments. Little by little, participation in this new media is slowly revealing its true worth: as a true engagement device that leads to a sustained dialogue and eventual impact on revenue.

One of my staff came to me today and was so excited to be in a ground-breaking and evolutionary space. As someone who supports client initiatives by participating in relevant discussions, she is delightfully surprised by the willingness of people to embrace corporate presence and engage with them peer to peer with no strings attached. It’s amazing how much people are willing to tell you if you give them the platform to speak. The results we’ve seen have been immediate. But be warned, it will take some time to fulfill that ROI. Effort must be consistent and committed. Consumers will become your advocates if you continue to maintain that connection and you openly respond to their concerns.

Christopher Barger, Director of Social Media, General Motors (http://twitter.com/cbarger) said it best: Look for the return on conversation…not immediately…but when it comes it will sustain itself long-term.



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