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Posts tagged: corporate communications

Jan 31 2010

The power of simple design to tell a story

 

Wanted to share this brief presentation as a superb example of how effective, simple design can be used to tell a story. In less than three minutes, the primary findings on a research study on the source of individual power are wonderfully illustrated.

Think how effective this communication method is compared to simply reading a blog article on what could have been a very dry subject.   What are your thoughts on this presentation?

Tags: best practices, corporate communications, web design

Filed in best practices | Mark | Comments (5)

Dec 20 2009

How social media can hurt business relationships

danger 

The social web may be the most revolutionary marketing tool since the advent of radio.  I don’t have to tell you why at this point.  But for all the opportunities, there can also be danger, if the technology is mis-applied or misunderstood. Here are some ways social media can destroy customer relationships:

1)      Hit and run communication.  Many people, especially under-20s who have been conditioned to handle conflict over text messages, mis-use the technology. If 80 percent of communication is non-verbal, how much is lost when customers provide customer service issues over a tweet?  We are more likely to be unprofessional, harsh and inappropriate in writing than in a live conversation and unfortunately, more and more important customer interactions are taking place over short-form messages.

2)      False sense of expectations.  I’ve observed that some companies are urgently getting into the social media scene and then being unprepared for the response.  It’s so easy to connect with customers today, but you better be prepared to connect with them in a meaningful and appropriate way or you will disappoint them and then lose them.

3)      Over-dependence on social media. Pick up a phone. Make a personal visit. Write a thank-you note. Don’t get too hooked on communicating through only social media, especially if it’s not your customer’s preferred way to communicate.   Going old school can actually help you stand out.

4)      Wrong person in charge.  Some companies pick a person to run their social media efforts just because they have a nice Facebook page. Wrong.  Like your website or your sales and customer service efforts, this is your front line of defense. I would much rather have an experienced customer service person learn social media than a social media person learn customer service.

5)      Customers are learning to game us.  I had a company president tell me that he no longer responds to customer complaints over Twitter. Customers caught on that complaints meant free merchandise and the company became overwhelmed. So they just stopped until they can figure out a solution.  Now even people with real complaints are being ignored because it is too difficult to separate the real problems from the gamers.

So, there are a few dangers withn the opportunities. What do you think?  What customer-related dangers could be prompted by using social media in your business?

Tags: best practices, business strategy, corporate communications, customer satisfaction, Internet marketing, marketing strategy, social media

Filed in B2B and social media, Social Media Policy, best practices, business relationships, business strategy, careers, customer acquisition, economics of social media | Mark | Comments (5)

Dec 06 2009

This is the future of social media

metropolis

With the dawn of the social web, I can’t think of a more exciting time to be in the field of marketing.  But I don’t think we have really seen anything yet!  Here are 12 developments I believe we will witness in the future … and probably sooner than you think.

1) Hyper social measurement– At some point soon, Google is going to start doing something bold with the volumes of personal data they’re collecting.  Google is in the best position by far to define social media monitoring, especially now that they are taking steps to fold in data from Twitter, Facebook and other platforms. Once Google flexes its social media monitoring muscles, companies like Radian6 will become niche players at best. Complex algorithms will determine real-time sentiment shifts down to the individual.  And it won’t be free.

2) Tapping into text messaging– The one communication mode largely untouched by real-time search is text messages.  This is a goldmine of information too big to ignore, especially if you’re a “cool-hunting” consumer product company.  Entrepreneurs will find a way to tap into the “text stream” by rewarding users for being included in their data-gathering systems. Does this seem improbable?  Would people accept a free cell phone and free data service in exchange for their text information being stored in a database for consumer product research and targeted promotions?  It would work.  

3) The human coupon– The massive quantity of personal information available about you will eventually follow you around.  Enabled by GPS and RFID technology, coupons and special offers based on your buying patterns will appear instantly on your mobile device as you near a store.   RFID chips embedded in packaging will send messages during your purchase decision to encourage up-selling and cross-selling.  For example, if you pick up a blouse off of a rack, a message will direct you to the precise area of the store where you can find a matching skirt … on sale just for you. 

4) Radical privacy movement — This intense data gathering and the use of it in a Big-Brother-like manner will spark a backlash, including legislation, assuring the right to be excluded from Internet data-gathering tools.  Because of its power and control over voluminous personal details, Google will become the most profitable, and despised, company in history.

5) Man-machine interface.  Medical advances and social media platforms will converge.  Scientists are already embedding electronics in humans to power limbs, regulate body functions, and enable the brain to access information from micro chips. It’s now possible to think a tweet or control artificial limbs with a thought.  Humans will routinely carry a computer inside of them, powered by body heat and motion. You will literally always be on the social web, generating messages just by thoughts.  Humans will have markings like tattoos to display the premium, designer brand of devices embedded in their bodies. This will give new meaning to the tagline “Intel Inside.”

6) We become the Internet.   Today, people talk about Twitter, Facebook etc., never really connecting that these are all “Internet.”  As the social web literally becomes part of our bodies, we will no longer distinguish between listening, talking and electronic communications. In our minds, there will be no more web. It will just be.

7) Massive national ID validation. The social web will become the exclusive source of consumer information, political research/policy development, and education systems. Because of the increasingly critical  importance of this feedback and the opportunity for corruption, complex systems to prevent fraud will be needed, including a broadly-implemented government validation program that extends across all platforms.

8) Micro politics — Politicians will use real-time sentiment analysis to craft and re-craft voter appeals right up until the moment they enter a polling station.  Political messaging will be nearly-instantaneous and tailored to individuals based on data purchased from Google.

9) Extreme content — Journalism, film-making and advertising agencies will thrive, much to the surprise of nearly everyone.  The need for content on the social web will drive radical evolution of  these three traditional professions and “Content development and management” will become a popular college major.  While most content today is generated through “free” submissions to YouTube, blogs, etc., salaries for the very best and most creative content providers will skyrocket as corporations raise the creative bar to cut through the clutter. 

10) The loner workforce. The cultural impact of the social web will have radical implications for managing the workforce of the future. How do you deal with a generation of employees who have been conditioned to communicate through their thumbs?  Employee training of the future will look increasingly like video games.

11) Digital divide grows  — For many parts of the world, access to free, global communications will be a great equalizer between rich and poor nations, especially as web-based translation services improve and encompass local dialects. However, in countries where people cannot access the web either for economic or political reasons, the digital divide will not only grow, it will become permanent for one simple reason: they will fall so far behind the technology curve they will never be able to catch up. Digital commerce, innovation and technology will be permanently dominated by those nations in the game NOW. 

 12) Pay for play– Social media is free but the cost of attracting consumer attention will become increasingly expensive, especially with the ability to skip ads.  At some point, the cost per impression will be so high it will be less expensive to simply pay people to watch an ad.   Combined with the “human coupon” trend mentioned above, this would provide nearly perfect information on cause and effect of advertising campaigns. 

Well, that’s enough far-out thought for one blog post and I’m sure you have A LOT to say about it!  Your turn. The comment section is now OPEN!

Tags: advertising, best practices, business writing, capitalism, careers, competitive advantage, corporate communications, futurist, innovation, Internet marketing, marketing strategy, research, social media, sociology

Filed in futurist | Mark | Comments (59)

Nov 05 2009

An interview with GE's Social Media Wizards

The GE Social Media Team: Gary Sheffer, Jen Walsh, Sean Gannon, Lisa Lanspery, Mike Eisenreich, Megan Parker and Vivek Kemp

A few weeks ago I was introduced to GE’s social media initiative when doing research for an article on Social Media’s B2B Superstars. I’ve continued to be impressed with their aggressive and progressive approach to using social media (click for case study) and asked SM Communicator Megan Parker for an interview. She graciously agreed and included other team members in the process. Here is a discussion with:
  • Megan Parker – “The Enthusiast” and GE’s Twitter-er. An example of her creative flare: “Hey baby! GE donates $8M for UK maternal hospital”
  • Sean Gannon – “The media guy” corralling stories from around the GE system for the team
  • Jen Walsh – “The web expert” and fan of llamas.
  • Vivek Kemp – “The reporter” and balloon artist.
  • Lisa Lanspery – “The storyteller” and computer enthusiast

Megan, as GE’s lead Twitter-er, how do you describe to your mother what you do for a living?

Parker: “I’m fortunate to work and live close to my family. So when I started my role as a social media communicator, I did the most logical thing I could think of — I scheduled a Parker family meeting. We spent a couple of hours one Sunday afternoon in the family dinning room going from the principles and theories of social media up through the latest and hottest tools. I wanted to ensure that my family understood that social media has changed the way people share and converse on a large scale.”

Other than subject matter, how is it different managing social media for GE instead of doing it yourself as an individual communicating with friends?

Gannon: “The biggest difference is remembering that no matter how casual the conversation is online, what we say via various social media is, in the end, still the voice of GE. While it’s not the voice of “BIG GE,” as in an official press release or a viewpoint on our main website, what we say is nevertheless trusted by our audiences to be factually correct – 100%.

“That requires balancing the instinct to stay informal with the discipline to only inform our conversations with well-researched information. In this sense, we are much more like the news blogs of major media organizations because if you go to these sites you’ll find humor, informal writing, asides, genuine human voices (not corporate-speak) – but you’ll also find an unwavering attention to detail and facts. That’s different from shooting off a story or a comment to a friend. Causal doesn’t have to mean sloppy or lazy when it comes to the facts.”

How has GE’s social media strategy changed since its inception?

Walsh: “I like to think of GE as a corporate pioneer in the social media arena. Before ‘consumer-generated content’ became a term of art, there was the GE “Pen,” which we created in 2003 when we launched GE’s new “Imagination at Work” campaign. The basic thought is that every idea begins with a sketch, so why not let people doodle and put their own imaginations to work.

“Internally, GE employees have been able to create blogs and wikis for several years, as part our project management and workflow toolset known as SupportCentral. We launched ‘From Edison’s Desk’ in 2005 to the delight of scientists and technologists at our Global Research Center, but more importantly, to give promising, job-seeking PhD candidates a regular view into the type of work we do in our R&D labs.

“In 2006, we asked consumers around the world to “Picture a Healthy World”. After they crashed our servers (we had no idea so many people were so healthy!), we had a great set of photos and stories that we could show and share when we took over all the digital signs in Times Square on World Health Day.

“We’ve made our monthly innovation stories on GE.com sharable. And as our Managing Editor, Sean Gannon, likes to say, we’re letting everyone and anyone who visits GEreports.com “have it your way.” Just come to the site and decide if you want to get GE Reports via RSS, email, Twitter or YouTube. Thanks to Mike Eisenreich, our technologist, you can now embed our new widget. Finally, Beth Comstock, our CMO, has a moblog called “BlackBerryBeth,” where she shares her ideas and observations with thousands of communicators and marketers at GE. These regular updates keep a far-flung team connected and also inject fresh thinking into the organization.”

What on-the-job learning has been most beneficial to your success?

Kemp: “Over the past five years I’ve transferred from newspapers to broadcast news and finally to GE’s digital media team. Each jump has required a willingness to adopt new technologies and techniques. But really, the entire job of reporting is an active task of learning (and listening). You parachute into a person’s life, into a conflict, or into an event and you’re charged with learning and digesting those issues, so you may translate them into words, pictures or videos (and increasingly Twitter, blogs and podcasts).

“I’ve been fortunate to learn how to write an article, shoot and edit a digital video and narrate a broadcast story. But, honestly, the single most important on-the-job lesson I’ve learned, and been lucky enough to practice, is how to craft a story – an on-going lesson. And one I hope I’m always learning.

How will GE convert the expense of social media activities into shareholder value?

Walsh: “GE’s social media activities are part of the way we work and communicate every day. They are not an extra expense to the company, but rather part of our regular media and communications mix. GE has become a daily news publisher, sharing our stories and data in text, audio and video formats, available anytime, anywhere online. The ROI for shareholders is more timely and useful information that they can share and interact with. That’s what I call disclosure!”

Are there different skills necessary to be successful in social media compared to traditional types of marketing?

Lanspery: “Relationships are pivotal in both online and offline campaigns. What is different in social media is how information and opinions about your products and services will appear without any attempt on your part to control the source and flow of information. The key skill you need for social media is flexibility — flexibility to participate in the conversation.”

Tags: business strategy, business writing, corporate communications, Internet marketing, marketing strategy, measurement, social media

Filed in B2B and social media, Case studies, Marketing best practices, ROI and measurement, Social Media Policy, Social Media Strategy, Social Media best practices, Twitter best practices, best practices, branding, business strategy, corporate communications, marketing strategy, social media | markschaefer | Comments (6)

Nov 04 2009

B2B’s social media superstars

Yesterday I covered the five worst B2B social media screw-ups, so now let’s look at the BEST.

Success stories in this space are few and far between. A recent report showed just 14% of the largest industrial companies have a social media strategy, let alone a good one. There are many good reasons for the slow adoption of SM at the industrials, including the perilous economy and a customer base that could care less about your freakin’ tweets if their railcar of chemicals is an hour late.

A few months ago I spent time assessing the state of SM at B2B companies and overall, my research showed that B2B companies don’t seem to get the notion of community and are trying to fit traditional marketing stereotypes into the new media.  Here are five breaking the mold and leading the way:

Number 5: Ingram Micro — Ingram Micro is the world’s largest technology distributor to the IT industry. You would think with a geek-fest customer base they would have all of the sweetest social media apps – and they probably do, behind a secure firewall where it belongs! Ingram makes the list for the very cool open Facebook sites connecting employees among its far-flung global operations. Recently used Twitter to “broadcast” from a partners meeting.

Number 4: Boeing — The time-lapse YouTube videos of planes being built are impressive but the cornerstone of Boeing’s social media presence is a longtime blog, started by their VP -Marketing Commercial Airplanes, as a way to expand the conversation of commercial aviation to the Web. In its first two years, Randy’s Journal, saw more than a half million individual visits. They have a secure presence on Twitter. Any good? Don’t know — I wasn’t allowed through the gate. Let me in! I have an appointment to see the wizard!

Number 3: Cisco Systems — Extraordinarily good community-building on Facebook, including a blog, message board, news and open membership for employee sites around the world. Proving to be a real B2B social media innovator as they launch products only on digital channels. They even launched a product through Second Life. I don’t know if anybody actually saw it, but they did it.

Number 2: General Electric — I’ve found that when a company is well-managed, it tends to do EVERYTHING well. GE is no exception. They have a thoughtful, integrated social media presence that is informative, professional and … fun. GE distinguishes itself as the only leading industrial company that places an actual face with its SM efforts — Megan Parker. She effectively mixes effective press release reporting with 140-character wit. The real hub of the SM wheel is GEreports.com, a blog-style information center making effective use of videos and search-by-topic capabilities. You have to love a company that has a post on its Facebook page titled “I’m over 30 and still think it’s OKAY to get hammered from time 2 time!!”

Number 1: IBM — For years their print and TV ads have puzzled me, but they seem to be getting social media right. IBM is a great example of a company with a real interest in community – a logical move since their tech audience loves online forums and bulletin boards. Check out their blog for proof of that. In fact, the IBM corporate social media presence is minimal as they let customers and employees tell their story. They’ve created the conversation and then they’ve let go of it. IBM’s social media portfolio includes virtual worlds, podcasts, video and the use of Twitter to keep its 380,000 employees (in 150 countries) connected.

So, what companies have I missed? Any B2B screw-ups or heroes that should be on my radar screen?
Illustration: This is a photo I took near Mont Blanc, France. Did you notice the climbers?

Tags: branding, business strategy, corporate communications, innovation, Internet marketing, marketing strategy, research, social media

Filed in B2B and social media, Case studies, Social Media Strategy, Social Media best practices, best practices, branding, business strategy, social media | markschaefer | Comments (8)

Nov 03 2009

B2B’s biggest social media screw-ups

While the case for social media as a marketing channel is compelling for consumer products companies, I’ve been particularly interested in how it is being used … or not … by mainstream industrials.  Earlier this year I assessed the social media presence of most of the major Fortune 500 B2B giants looking for case studies.

I found some great examples, but for fun, I’ve decided to start out with the WORST companies I found out there. With few exceptions, major industrial companies are not utilizing – and in many cases ignoring — social media as a stakeholder connection point. A few fun facts:

  • Number of Top 25 B2B companies with more Twitter followers than me (None)
  • Worst B2B corporate Twitter-er (by far) — DuPont. An example: “Back off weeds! 4 new herbicides are coming to get you …”
  • Most popular corporate social media platform: Facebook
  • Percent of companies with either Facebook or MySpace pages: 75%
  • Percentage with both: 25%
  • Most popular use of social media: A place to post press releases

With no further delay, let’s take a look at the Top Five biggest B2B social media screw-ups.

5. 3M Corporation – I love 3M. I’ve always cherished their heritage of innovation and product development. If any company in America could take advantage of the awesome power of global community it should be 3M. Where are you guys? We need you out here.

4. General Dynamics — There is a not-very-good techno rock band called General Dynamics who dominates the social media bandwidth. That’s a problem for a Fortune 100 company with the same name. This is the time for the company to flex some legal muscle and tell them they were there first! In the corporate world, this ID theft is tantamount to a porn starlet naming herself “Pepsi.” You have to take action on this, General Dynamics! Go kick some techno butt!

3. Oracle Corporation – You would expect an ego-laden company like Oracle to be sucking up the social media space, but not so. The Twitter account is exclusively a press release machine and their other sites are ill-attended placeholders. Larry, look at what SAP is doing with social media. Work it baby.

2. Johnson Controls — This Fortune 50 titan has had their name usurped on Facebook by a bunch of disgruntled employees. An example of social media gone very wrong when you’re asleep at the wheel.

1. Dow Chemical Company. The pinnacle of social media mayhem. The first search result for Dow on Twitter is called “spillspill” and the largest company-related Facebook page is called Fuck Chemical Valley and Fuck Dow (42 members). The MySpace presence has also been hijacked, complete with fake logos, fake employees and a mission statement that includes: “minimizing damage by angry citizens who have been affected by our pollution through legal suits and PR campaigns, making sure scientists who find our products to be dangerously toxic are not allowed to publish.” Dow has a proud history of PR fubars. The legacy continues.

Disclosure: My ex-wife had family ties to the chemical industry. While clinical tests have shown she is toxic to humans, she is not associated with the Fuck Dow campaign.

Tags: advertising, branding, business strategy, corporate communications, facebook, Internet marketing, marketing strategy, research, social media, twitter

Filed in B2B and social media, Case studies, Social Media best practices, business relationships, business strategy, social media, twitter | markschaefer | Comments (7)

Aug 17 2009

Major brands may be reluctant to integrate social media, traditional marketing

This week I’m excited to introduce a three-part interview with Robin Frank, a marketing professional who leads the social media strategies for Gap Outlet, Banana Republic Factory Store and other national brands. Away we go …
Robin, on these powerful brands you work with, how are you integrating social media marketing with traditional marketing strategy … or are you?
The reality is that big brands WANT to do social media the integrated way, but they often seem unwilling to invest a lot upfront in content, strategy and integration. The media also doesn’t help, as it leads them to expect big things for just showing up to the party. They figure once they have “proven” social media works, they will then get in there – lock, stock and barrel.

I see some brands that are reluctant to integrate traditional marketing (website, blog, email, or offline/online advertising, promotions etc.) until their social media programs are deemed “successful enough.” For these clients, it helps to have good analytics, a focused pilot, and to plot out the integration with their marketing strategy in phases.

Other brands have jumped head-first onto the social media bandwagon because they HAD to be there, but with minimal strategy, focus, and expertise and haphazard alignment to marketing/business objectives. They’re now wondering why they aren’t seeing the returns hyped by the media. These clients are open to integrating social media into their marketing mix – they just need help evaluating the best way to go about this – choosing the right channels, campaigns, and communication strategy.

What accountability does the social media aspect of brand management have? What metrics are in place and what tools do you use to measure progress?

The social media segment is finding itself increasingly accountable. At first, there were a lot of people talking about how social media doesn’t have traditional ROI, it has all kinds of other types like ROE, and how it was impossible to quantify the monumental impacts on brand equity and community. But that doesn’t fly for long with brand management.

You need to justify and quantify your efforts and the resources spent. And you need to be smart about it. There are numerous applications and platforms out there and it can be difficult for companies to know what to use and how to put it all together in a report that is really useful. I have my own selection of favorites which I customize to report both financial and non-financial indicators and present it in a compelling, useful, and actionable format.

While measurement and analytics are carefully tailored to each client, those of you trying this at home will want to include these same elements in your reporting – financial ROI to measure sales, transactions and customers; non-financial metrics to measure mentions, sentiment, link click-throughs, exposure, virals (retweets, comments, shares, etc.), and conversations/engagement.

 

So much of the success of social media is dependent on authenticity and personality. How does personality come through on your initiatives? How is the social media brand persona determined — through standards and guidelines or is it at the discretion of the communicator?

I guide my clients in creating a social media brand persona, and we define its limits together. I usually help craft or tailor guidelines for interaction and participation for all employees/contributors.

There is a lot of hand-holding that goes on – brands are sometimes stuck in the traditional push marketing voice – you know, the one devoid of human connection. They have to be educated on how to speak with a personality that people can connect with, and one that reflects their brand values.

I usually do a lot of the content in the first months, and they have to sign-off to make sure it is “on brand.” Over time, brands learn how to have a little fun and to be all the things they should be on social media – interesting, engaging, entertaining, helpful, and participatory – in other words, they learn to be a valuable member of the community they create.

Tomorrow: Social media culture change and consumer info overload!

Robin Frank consults with a wide range of companies – retail, banking, clean/greentech, and B2B – helping them establish cost-effective social media programs that increase marketing ROI and foster broader and deeper customer engagement and education. You can reach her at @robeen, robeenf@gmail.com, or linkedin.com/in/robinfrank.

Tags: advertising, branding, corporate communications, financial impact, Internet marketing, marketing strategy, measurement, social media

Filed in Case studies, ROI and measurement, Social Media Policy, Social Media Strategy, Social Media best practices, branding, social media | markschaefer | Comments (7)

Jul 26 2009

Yes, it IS about the money

I know social media is about “relationships.” I get it … I really do. But if you are responsible for a social media initiative for your company, somebody is eventually going to ask you, “Where’s my money, honey?”
In a business setting, social media relationships must eventually lead to making or saving money. Of course they do. Every activity of the enterprise is tied to that in some way. So, why does this opinion create such a violent reaction in people?

The fact that I think you should be focused on the quantifiable business benefits of social media marketing seems to put me squarely at odds with many thought leaders right now. This quote from a very respected blogger still haunts me:

“When you ask businesses why they are participating in social media, what do they say? If they say, “to make money,” then they will fail, because currency in the social web is found in both relationships and content.”

Another leading observer opined yesterday that his “economy is relationships.”

An economy is not relationships. An economy is an exchange of goods and services. If the relationships contribute to that exchange, fine. But it all has to lead to business value at some point. You can’t feed your kids by increasing your “followers” or the number of people who have friended you on Facebook.

How is social media marketing any different from holding a company open house for community leaders or hosting a dinner to get to know some potential customers? Are those things about building trust and relationships? Yes, of course! But we also have no problem admitting that the ultimate goal is to burnish our image with these influencers to improve our chance of business success. Why are we so intent on carving out a special little place in the sun — where results don’t matter — for the social web?

The world would be so much easier if we didn’t have to be accountable for results. But that’s not the way business works. A company exists to create shareholder value, so that’s what you should do — and be PROUD of it!
Tomorrow, ideas on what measurements make sense for your business.
This is part of a series examining social media marketing measurement.
Part 1: The biggest lie in social media marketing

Part 2: Social media ROI shock treatment

Part 3: Irresponsible social media measurement research            

Part 4: Social media impact on brand equity                                                        

Part 5: The most important question to ask in social media marketing     

Part 6: A double standard for social media marketing?                   

Part 7: Yes, it IS about the money!                                                          

Part 8: Creating a measurement plan                                                     

Part 9: Measurement is like a bartender                               

 

Tags: business relationships, capitalism, corporate communications, customer acquisition, ethics, facebook, financial impact, Internet marketing, marketing strategy, measurement, social media

Filed in ROI and measurement, Social Media Strategy, Social Media best practices, business relationships, economics of social media, social media | markschaefer | Comments (8)

Jul 16 2009

Business Twitter initiative in trouble? Here's how to get it back on track!

More thoughts from online marketing pioneer Dr. Ben Hanna from his just-published report on his first 120 days of social media experiences at www.business.com.
Research shows 60 percent of those who try Twitter quit in the first week. It can be an incredibly frustrating experience, especially if you’re trying to build momentum in a corporate environment. Thoughts on getting your Twitter initiative back on track …
Be tenacious. Twitter is a viable business communication channel, end of story – “From what I’ve seen in the past four months, Twitter has a role as a business communication channel for most B2B companies,” Dr. Hanna said. “Whether Twitter figures out a way to monetize its business or not is irrelevant because, if Twitter fails, some other micro-blogging platform will take its place. If you’ve already tried Twitter for your business and struggled to make it work, it’s most likely because the B2B social media rules are still being written. Don’t give up.”
Twitter for business should be approached as mass communication - Conventional wisdom among many Twitter-advocates is that you are building a “community.” That is not necessarily so, according to Dr. Hanna. “If you plan to use Twitter for business, and you have more than a few hundred prospects/customers/influencers combined, you’re kidding yourself if you think interpersonal norms can govern how you use Twitter or other social media for your business. Why? Because Twitter is incredibly inefficient for forming interpersonal relationships. For the vast majority of businesses out there, “mass communication” is the model you should follow as you plan your Twitter strategy.”
You have a business contact list, so use it – As a business on Twitter, you don’t need to build a following like an individual would. This is a key advantage for business Twitter users who have either have forgotten or, more likely, ignored, this advantage out of some combination of a misplaced desire to not disrupt existing communication channels and the sheer revulsion many B2B marketers feel when considering how a P2P or B2C trend may apply to their business. Get over it. Establish a basic Twitter presence, make your prospects and customers aware of this new channel, and let them use it.
Focus on tweet quality over tweet quantity – Research shows that tweeting interesting things (e.g., tweets with links that more people click on) has a much bigger, positive influence on follower growth rate than does tweet volume (e.g., making sure you tweet very frequently to keep your tweets in front of your followers). The best practice for getting people’s attention and interest on Twitter is the same as it is across other business communication channels – talk when you have something important to say. Blanketing your followers with tweets doesn’t work any better than does blanketing the media with press releases about non-issues or hammering a direct mail list with irrelevant offers — One more reason to look at Twitter as a mass communication channel for business rather than a medium ruled by strict adherence to norms of interpersonal interaction.

Tags: business relationships, business strategy, corporate communications, customer acquisition, marketing strategy, research, social media, twitter

Filed in Twitter best practices, business relationships, business strategy, research, social media, twitter | markschaefer | Comments (3)

Jul 15 2009

Developing a social media strategy when the rules aren't clear

M.C. Escher
This part 3 of my interview with B2B marketing pioneer Dr. Ben Hanna, VP of Business.com.
Part 1: Four breakthrough Twitter research insights
Part 2: Essential B2B social media start-up strategies

You’ve decided to lay bare the evolution of your social media campaign — warts and all. It’s a fascinating read. What made you decide to expose your strategy to the world?

It was a simple decision, really. Business.com is focused on helping people find actionable solutions to business challenges, and what better way to add to the “solution set” for B2B social media than to chronicle our own challenges, insights and solutions?

We also took this approach to accelerate our learning about the value of social media for business, and for our business in particular. If we blog about the evolution of our B2B online marketing Twitter account with updates every 30 days, will we get useful feedback from other business people using social media? What does it take to get a discussion going around a topic of interest that produces real, valuable answers?

You’re a company executive but take an extremely hands-on approach to your social media initiative through blog entries, tweets and presence on SM platforms. Is this typical of your style, a new demand of social media, or something you just do for fun?

It’s a combination of the three, united by the requirements of the situation. In my experience, the fastest way to develop effective marketing strategy and tactics for a new channel where the rules are still being written (as is the case for B2B social media!) is through a combination of the following, which form a nice acronym – REAP:

Research – Collect as much of the current “best practice” info as possible and triangulate findings, in the context of your unique business and business goals, to establish an initial position on where to focus and what to do. At Business.com, we started with an overview of the current state of B2B social media.

Experience – Immerse yourself through direct experience, taking existing best practices as hypotheses to be tested rather than inviolate rules to follow. I personally took on a decent sized chunk of the work on our new blogs and Twitter accounts so that I could get a feel for the medium, test assumptions and get a jump on cross-channel strategic planning. I can’t, and won’t, be as directly involved as we transition from tests to regular programs but the early direct experience is essential.
Action – Act before you think you have all the answers. In a rapidly changing marketing channel, relying too much on the research or experience of third parties will often lead to over-analyzing and inaction. Instead of watching from the shore for the perfect opportunity, get your boat in the water so you can start actively observing, testing, learning and adapting.
Perspective – Engage multiple people in the new marketing channel and share insights to learn more quickly. Ideally, you’d like a combination of experts and novices in the new marketing channel, other marketing channels and the business. Our initial social media initiatives at Business.com involve myself, an experienced social media marketer, corporate communications expert and our editorial director (a long-time small business journalist).

Tomorrow, Part 4: Executive tips for managing the social media time commitment

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Filed in B2B and social media, Blogging best practices, Social Media Policy, Social Media Strategy, Social Media best practices, best practices, blogging, business relationships, business strategy, economics of social media, research, social media | markschaefer | Comments (2)

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