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Posts Tagged ‘social media marketing’

Digital Marketing: Be relevant, data-driven and precise

July 31st, 2012

I think all marketers would agree that digital technology has brought about a sea change in the world of marketing. The basic model has gone from almost exclusively “push” messages to more of a “pull” approach that combines traditional channels, such as advertising and direct mail, with strategies like search engine optimization, social media marketing, mobile and email marketing.

At one point in time, marketers could dictate the message their prospects and customers received, and then hope that message resonated enough to drive sales. In the complex sale, this meant Sales was handed scads of leads from a variety of sources with almost no additional information about that prospect on where they were in the buying cycle, or even where they were in the buying process at their company.

 

Power shifting to the customer

In marketing today, prospects and customers are educating themselves about your industry, business space and product or service area. This holds true in both B2B and consumer marketing.

These people are not interested in receiving marketing messages pushed to them from the mountaintop. They want useful information to begin the decision-making process long before they actually interact with your company or brand.

This new way of looking at marketing has been described a number of ways, and one new book fresh off the presses calls it, “precision marketing.”

I had the chance to speak with Sandra Zoratti, Vice President Marketing, Executive Briefing and Education, Ricoh. Along with Lee Gallagher, former Director Precision Marketing Solutions, Ricoh, she co-authored, Precision Marketing: Maximizing revenue through relevance, which is this week’s MarketingSherpa Book Giveaway.

Sandra defines the term, “Precision marketing is about using data to drive customer insights so that you send the right message to the right person at the right time in the right channel.”

 

 

The precision marketing framework is about following a logical, sequential and continually improving process:

  1. Determine objective
  2. Gather data
  3. Analyze and model
  4. Strategize
  5. Deploy
  6. Measure

We covered a variety of what Sandra considers precision marketing topics, including how it can even help improve your marketing career.

Before I get into Sandra’s ideas, here are a few interesting data points from the book:

  • 64% of consumers say promotional offers dominate email and traditional mail received. Only 41% consider these offers “must-read” communications.
  • Out of the 91% of consumers opting out or unsubscribing from email programs, 46% do so because the messages are not relevant.
  • 41% of consumers would consider ending a brand relationship because of irrelevant messaging, and an additional 22% would definitely end the relationship because of irrelevance.
  • A survey of IT buyers by the International Data Group found 58% of vendor content was not relevant to potential buyers, and that this lack of relevance reduced the chance of closing a sale by 45%.

Are you seeing a theme here? Relevance is extremely important in marketing today.

“I say customers are powerful, in control, and they know it,” Sandra says. “They vote with their dollars. They vote with their attention, and what I would call their brand-altering online voices. So, customers are really in the driver’s seat, and marketers need to recognize that.”

  Read more…

Digital Marketing 101: A panel for startups

July 6th, 2012

Recently, I had the privilege to sit on, and moderate, a panel discussion on the basics of digital marketing for the technology startups being incubated at Tech Wildcatters in Dallas this spring and early summer.

We covered a variety of digital marketing topics, but we focused on three areas: email marketing, social media marketing and online privacy. And, I wanted to share some of the panel’s wisdom with MarketingSherpa readers. Luckily for me, I was joined on the panel by two excellent marketers – Dennis Dayman, Chief Privacy and Security Officer, Eloqua, and Shama Kabani, CEO, the Marketing Zen Group.

It was called “fireside marketing,” but, thankfully, the fireplace was virtual given the summer temperatures in Dallas.

Read more…

Overcoming ‘Get Your Money’s Worth’ Syndrome in Your Facebook Timeline Cover Image

July 5th, 2012

Let me talk about an old advertising problem I’ve seen raise its ugly head recently, thanks to Facebook’s shift to Timeline. I like to call it … “get your money’s worth” syndrome.

This is a problem as old as media buys.

 

Are you a white space hoarder?

And, it makes sense on the face of it. A marketer buys a specific piece of media, say, a quarter-page ad in the newspaper. Then, his agency creates a clean ad with a straightforward call-to-action.

But, before that ad gets published …

The marketer must approve it. He sees a lot of white space, so he starts to think, “Well, I paid $15,000 for this space in the newspaper. And, we’re only using a small portion of it. I can add in information about three other products we offer. And, more about our features and benefits. And, seals for some of the organizations we’re members of. And …”

The list can go on forever. In the agency business, we used to call this “trying to cram 10 pounds of, um, stuff, into a five-pound bag.”

The worst offenders tend to be small mom-and-pop shops, and you can see these in the free direct mail coupon advertising magazines that are sent to your house, with names like Mint Magazine, Money Saver Magazine, Clipper Magazine, etc.

Every square millimeter, wall-to-wall, is covered with ink. I was reminded of this recently while walking down The Strip in Las Vegas one night during Email Summit 2012. Everything screams for your attention.

 

If everything is emphasized, nothing is emphasized

I noticed the same problem while helping a local nonprofit adapt to Facebook Timeline with one of my neighbors. My neighbor is not in marketing, and she’s just under 35 (young unemployed people: I’ve noticed that pretty much anyone under 35 can consult on Facebook marketing to pretty much anyone over 50, and really add value).

We agreed on a simple image with a simple headline for the organization’s Facebook Timeline Cover, the new header photo that goes across the top of Facebook Pages now that Timeline has launched.

(Note: There is a common misconception that you cannot use any words in this cover photo. You can … you just can’t sell. Here are the guidelines directly from Facebook about what isn’t allowed in your cover image:

  • Price or purchase information, such as “40% off” or “Download it at our website”
  • Contact information, such as Web address, email, mailing address or other information intended for your Page’s About section
  • References to user interface elements, such as Like or Share, or any other Facebook site features
  • Calls to action, such as “Get it now” or “Tell your friends”)

After providing direction, I stepped back and let my neighbor and the nonprofiteer work on it over the next few weeks (ah … the life of a consultant).

I found out they went through several rounds of changes. Why? The well-intentioned philanthropist kept adding more and more details into that one simple photo, trying to get across every possible thing the organization could do for the visitor.

  Read more…

Social Media Marketing: 10 minutes with Brian Solis

June 5th, 2012

Focus on what people value.” That is my main takeaway from my interview with Brian Solis, principal, The Altimeter Group. As he sees it, Facebook is a democracy, and you can’t simply shove marketing messages down your followers’ throats (or in this case, into their Timelines) and expect to be successful.

In our 10 minutes together, he discussed so much more, including why many social media marketers are misinterpreting the movie “Moneyball” …

 

Luke Thorpe, multimedia specialist, MECLABS, and I grabbed Brian Solis after his keynote at MarketingSherpa Email Summit 2012, and he graciously gave us 10 minutes packed with interesting marketing insights.

Here are a few key points in the video, in case you want to jump ahead:

0:09 – Social media marketing metrics and Facebook EdgeRank

1:30 – The unlike button

2:24 – How to find out what your customers want

3:56 – The American Express Link > Like > Love campaign

4:38 – How to talk to business leaders about what really matters in your social media marketing campaign

8:46 – Social media is not just conversations; it is business data

 

Related Resources:

Email Summit 2012 DVD Combo Special (includes the Brian Solis keynote)

In Social Media, Your Return Represents Your Investment

Social Media Marketing: Finding and winning hyper-social consumers

Email Summit: Integrating mobile, social and email marketing channels

Inbound Marketing 2011: The 9 social media, content marketing, and SEO articles your peers shared most

Social Media Platform Selection: Keep your eye on the bigger picture

May 31st, 2012

The news of Facebook’s recent IPO has mostly focused on technical glitches at NASDAQ. But, one question sits in the back of many marketers’ minds: Is this a sign that the social network will not continue its market dominance?

After all, we’ve seen the rise and fall of sites like Friendster and MySpace, along with the constant emergence of new social media platforms like Google+, Instagram and Pinterest.

So, in the midst of all this change, what is the biggest factor you should keep in mind when exploring social media platforms?

Not the social media platform itself, according to Kaci Bower, senior research analyst, MECLABS Content Group, and author of MarketingSherpa’s 2012 Inbound Marketing Handbook. Kaci suggests you focus on your bigger inbound marketing strategy and architecture rather than relying on tying marketing to any one platform, even if it does have more than 800 million different users.

 

A strategic approach can give you a distinct competitive advantage

Integrating inbound tactics is the marketing equivalent of avoiding sugar and exercising every day, Kaci claims.

“The vast majority of marketers agree it’s critical, but a much smaller percentage follow through,” she says, citing MarketingSherpa’s 2011 Social Marketing Benchmark Report. “Seventy-six percent of marketers believe integrating SEO and social media is essential, but only 47% are actually doing it.

“A 30-point difference is huge,” continues Kaci. “It indicates the challenge of inbound marketing integration — it’s far easier to give it lip service than execute it.”

 

Lost in the noise

She suspects that is due to the massive amounts of information in the marketplace on SEO, social media and content creation. Consider this graphic that illustrates the complexity of the social media landscape by showing the huge amount of social media marketing and social networking tools and platforms.

Of course, you don’t have to use everything. Just use what works best for your company. As you can see in this chart from the Inbound Marketing Handbook, usage and effectiveness do not always consistently match. For example, two of the most hyped social media platforms – Facebook and Twitter – showed significantly more usage than effectiveness. Meanwhile, blogs may be more effective than many marketers realize.

Read more…

B2B Social Media: How one marketer is utilizing Pinterest

May 10th, 2012

Bluewolf is a professional services company that provides consulting on enterprise agility. A campaign designed to promote its employee knowledge through social media with a gamification element to encourage participation — “B2B Social Media: Gamification effort increases Web traffic 100%, employee collaboration 57%” — was featured in last week’s B2B newsletter.

Bluewolf’s very innovative usage of Pinterest did not fit into the case study, so I wanted to use this blog post to show what you can learn from its efforts.

Pinterest is one of the hottest social channels right now. Here are two data points from a Shareaholic.com study and information that Pinterest is publicly sharing:

  • Pinterest’s user base is only 7% of Twitter’s, but the platform sends more total referral traffic than Twitter
  • With a mere 1% of Facebook’s user count, Pinterest sends 13% of the traffic that Facebook does

At the moment, consumer marketers are making more use of this platform than B2B marketers. However, Bluewolf offers a great blueprint on how B2B marketers can take advantage of Pinterest.

Bluewolf’s main Pinterest page shows the variety of boards the company is sharing on the platform.

Corinne Sklar, VP of Marketing, Bluewolf, says the company found a natural home with Pinterest because the platform is very visual and is also suited to sharing content, two areas where Bluewolf’s marketing is very invested. She adds that Pinterest also encourages viral sharing of that content. Read more…

B2B Social Marketing: 4 ways to build one-to-one relationships with social influencers

May 4th, 2012

According to MarketingSherpa’s 2012 B2B Marketing Benchmark Report, the most effective social marketing tactic you can implement is to build one-to-one relationships with social influencers.

 

Click to enlarge

 

What I found to be truly interesting about this chart is the third most effective tactic: posting content on company branded/managed blogs. In other words, the time I’m using to write this blog post would actually be better spent building one-to-one relationships with social influencers in our space.

Of course, because we believe so much in delivering true value to our readers, I’m sticking this one out.

But the chart does leave us asking a question:If building one-to-one relationships with social influencers is so important to a social marketing strategy, how do we do it?

  Read more…

PURL Jam: 6 ways personalized URLS can help increase the virality of your campaigns

April 12th, 2012

Virality is that state of marketing nirvana where your campaigns are liberated from the earthly confines of your own media spends and marketing efforts, and take on a free-floating life of their own.

As I’ve said before in “Social Media Marketing: Going viral is so easy it’s hard,” I don’t believe there is any secret to going viral, but you can position yourself well for that opportunity. That blog post has a few of the factors that influence your chance of going viral, but in today’s post I want to focus on one very specific tool that can help your efforts — personalized URLs, also known as PURLs.

If you’re unfamiliar with PURLs, personalized URLs are simply, as the name implies, unique URLs for each recipient. As with many marketing terms, different people tend to use the term differently (usually to the advantage of whatever they’re selling). Some people consider a PURL actually having the person’s name in the URL (for example, I might receive a mailer with a CTA that goes to DanielBurstein.MECLABS.com, while my neighbor’s CTA would point to TheJoneses.MECLABS.com).

Others consider a PURL to be any URL that leads to a personalized landing page (so the URL might be a random string of letters and numbers; however, the landing page would say “Hello Daniel Burstein”). And still others consider a PURL to be any custom URL assigned to only one person (for the purpose of this blog post, I’ll use this, the broadest definition).

Who can use PURLS? Pretty much any marketer. “Historically, the high cost of PURLs would limit the technology to larger companies with the matching budgets,” according to Martin Thomas, founder, Purlem. “But today, PURLs have become much more affordable and easier to use.”

Now that we’ve gotten in a little background info, let’s take a look at some ways PURLs can help position your campaigns for virality:

  Read more…

Social Media Marketing: Proactive social touch generates 17.5% more sales for moving company

March 30th, 2012

Hey marketers of 1985 … imagine if you could overhear many of your potential customers’ conversations in an ethical way. Why, if they had an interest in buying a product or service in your category, you could just reach out and start a conversation of your own. This would be way cooler than a hoverboard or flying car (although not quite as cool as the Mr. Fusion Home Energy Reactor).

Of course, the year is 2012, and we’re now living the dream. On social media, people open up their conversations to the world about what they want to buy, where they want to go, and what they’re trying to crassly self-promote. But how many marketers take advantage of listening combined with proactive social touches to act on these conversations? Here’s a real-life example of how it can work. So I tweeted …

 

 

Most people probably just saw my tweet as a crassly self-promotional attempt to brag about the beautiful March weather here in Jacksonville while trying to poach top marketing talent from frigid northern locations and let them know about the job openings here at MECLABS. (wink, wink)

However, one clever marketer saw an opportunity of a different kind …

Read more…

Book Giveaway: The Zen of Social Media Marketing (2012 Edition)

March 29th, 2012

This week’s MarketingSherpa Book Giveaway features The Zen of Social Media Marketing (2012 Edition) by Shama Hyder, CEO, Marketing Zen Group.

I’ve been reading through this volume for the last several weeks, and I just keep finding new ideas and actionable advice for social media marketers. I thought one point Shama made was particularly interesting:

In this book, I’ll be using the words “customer” and “client” interchangeably to refer to both, because there isn’t much difference between them when it comes to using social media marketing techniques: you can ATTRACT, CONVERT and TRANSFORM both with the same material.

 

Instead of providing more of what I’ve been enjoying, I decided to call on a much more expert source …

 

Shama’s 5 takeaways

For MarketingSherpa readers, Shama provided her five main takeaways from this latest edition of her book:

Read more…