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Showing posts with label conversational marketing. Show all posts
Showing posts with label conversational marketing. Show all posts

Give Members Their Own ROI

Friday, April 16, 2010

Isaac Hazard, Director of Strategic Consulting at Mzinga, talked about “Member ROI” in my class a couple of weeks ago. It’s an important concept. If people, customers or otherwise, are going to spend time on your Facebook page, a corporate blog—wherever you build your community—you’ve got to give them something of value. These members of your community are giving you their time—and hopefully their trust. What are you giving them in return for those two valuable, and scarce, commodities?

In some ways the concept of Member ROI is a basic tenant of advertising. Good advertisers don’t write headlines and copy about the product. They work to understand the benefits that people want from the product. That often takes marketing research, hopefully done so you can design the benefits into your product. If you do that, the task of your advertising staff is easy; they talk about the benefits your product delivers to the target customer, and your advertising works. Product-focused advertising doesn’t work; benefits-focused advertising does.

Fast forward to the age of the Internet and social media. Online display advertising follows exactly the same principle; focus on your target customer and the benefits he/she wants, not on your product. That’s a relatively easy transition.

The transition to social media isn’t so easy. All of a sudden marketing has become conversational and marketers aren’t very good at that. The headline in Smart Brief called them “lousy conversationalists.” According to Jason Fall, “A marketer, in the public’s eyes, is a salesman. Our audience is predisposed to not trust us.” That’s true, but it’s only part of the story.

Sage Lewis nails it with his headline, “No One Cares About Your Products.” His argument, and he has a great pizza story, is that what people really care about is what other people--not marketers--say about your pizza. There are a lot of good comments; the article is well worth reading.

The power of customer reviews is undeniable in the social media era. But it’s still not the entire story. Marketers have to listen, participate and even seed conversations as they build online communities. And to the extent that marketers are used to talking about their products, even the benefits of those products, that is the hard transition.

The conversational marketer cannot focus on product. She has to focus on what customers want to know, what they need to understand, in the product or service space. As the marketer becomes more knowledgeable and skilled, there will be opportunities to explain how the product meets needs. That, however, is on a subsequent date—definitely not the first one!

Download the Mzinga white paper, “Social Marketing & Online Communities: Getting Started” and explore other resources on the site. It’s a good role model, making a major effort to provide value in various media channels and to encourage conversation. However only the individual marketer, can develop the conversational perspective; it takes time and practice!

You have already recognized that this is largely talking about acquisition marketing. When you are talking about CRM, the focus changes to helping customers successfully use your product, your service. But the focus is still on customer needs, not on product bells and whistles!

Whether it’s acquisition or retention, the social environment is about talking to people you want to be your friend, fan, member, whatever. Keep them coming back. Your time to sell will come—or maybe your happy pizza customers will do it for you! It’s all about providing real value in the exchange; that’s the way to make them loyal friends!

Taking Twitter Seriously

Wednesday, May 27, 2009

MarketingProfs has just published a report titled Twitter Success Stories. It includes a survey of 200 Twitter users, most of whom are @MarketingProfs followers. Not surprisingly, they are using Twitter to promote their businesses, using both personal and business accounts. They use Twitter for branding and awareness (84%), networking (78%), community building (77%), brand reputation management (51%), customer service (44%), prospecting (30%) and selling (20%). They rate Twitter second only to their company blog in providing value to their business.

For those of you are wondering if/how Twitter might be useful to your business, the 11 case studies have the most value. Some are the usual suspects, about which I and many others have written; Zappos as corporate strategy, Comcast for customer service, Dell Outlet for sales. There are some less familiar names that provide food for thought. Let me highlight 2 of them.

Coffee Groundz is a Houston coffee shop that was looking for a way to stand out in a crowded market. The value it has found in Twitter started accidentally with a request from a regular customer for a breakfast wrap—he was in a hurry. From taking orders it quickly expanded into commentary on issues ranging from the local music scene to how to make good coffee at home. Managing Partner J. R. Cohen is a fan of TweetUps. Over 250 people gathered at Coffee Groundz to watch the Obama inauguration, drink coffee and eat sandwiches. A good example of community building!

Another case history comes from a familiar brand. Disney was looking for a way to promote its release of the Pinocchio DVD and Blue-ray. With the help of agency Razorfish they decided on Twitter as a channel and located Melanie Notkin of SavvyAntie.com. This website helps single professionals buy gifts for their nieces and nephews—talk about a niche site! She’s doing well at it—at the moment she has over 9,200 Twitter followers.

After watching Notkin’s work for awhile, Disney worked out a 3-week deal in which Melanie Notkin posted Tweets about the Pinocchio release. Notice of the sponsorship arrangement was posted on her blog. Neither Notkin nor Razorfish will give specific results of the promotion, but here’s a quote from a WSJ article (subscription required) on the program:

As someone without kids and who doesn’t watch much TV, Melanie’s involvement with Disney was the only way that I was made aware that Pinocchio was being made available for purchase again.— Rob Blatt.

That sounds like the target audience talking!

If you are seriously interested in incorporating Twitter into your business, you may find the $49 for this report a good investment. There are a variety of ways for businesses to useTwitter that are strategic, focused, transparent, and highly cost-effective. Check it out!

Conversation Tools

Friday, February 13, 2009

A former student sent me this graphic from Brian Solis; thanks, Arun! It was originally posted on Flickr last fall; it was recently honored as one of the best search marketing posts of the year. It is reminiscent of the Overdrive Social Media Map that I posted earlier. It is, however, more narrowly focused and represents another useful framework for organizing social media.

The point of the Conversation Prizm is to, first, listen and then to embark upon a conversation with your target audience. Sound familiar? That’s the approach I was pushing in the conversational marketing seminar back in November.
The list of tools keeps growing all the time, and thanks are due to the people who try to keep us abreast of what exists.

That should allow us, the users, to spend our time concentrating on how to integrate social media into our marketing/marketing communications strategies in an effective way!

"Starting the Conversation" Monday, Nov. 24, 11 a.m.

Saturday, November 22, 2008

Hope you'll be able to join me for the live webcast.






The slides for the presentation are posted here.

If you have trouble with the player, please use the direct link to the presentation, where you'll be asked for brief registration information and then redirected to the presentation.

I'll post the link to the archived presentation Monday or Tuesday. It will only be active for 30 days.

Check out the entire summit on the BrightTalk home page!

Save the Date - Conversational Marketing

Wednesday, November 19, 2008



I enjoyed the last BrightTalk summit on social media, so I was pleased to be invited to participate in "Conversational Marketing" on November 24. My presentation is "Starting the Conversation;" it's at 11 a.m. Eastern Time. I'll put the media player on Monday's post early in the morning.




BrightTalk is using a Facebook page to market the summit as well as email and, of course, participants like me.

It's interesting and useful. I've set up my own channel and I'll be using a webcast to answer questions about my social media course at Harvard Extension when enrollment starts on December 8.

What are you/should you be using webcasts for?

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