May 23, 2013

15 things marketers should stop doing and thinking in 2011

Here’s a list of things I wish we would stop doing and thinking as of December 31st:

Social media

  • Social media cause people to waste time at work. Companies have a long and pointless history of resisting new forms of communication. From Facebook to email to putting telephones on employees’ desks (remember, the telephone started as a “consumer” communication technology, too), companies think that every new wave is going to lead to gajillions in lost productivity. Dude, this stuff isn’t heroin, okay? The problem is not with employees or with the communications technologies, it’s with the premise that employees come into work determined to waste time. Guess what companies, people wasted time at work long before Facebook came along. If the company is well managed, people who waste time will get fired. People who sell your trade secrets on the internet will go to jail. Stop wasting money on pointless, ineffective efforts to block this stuff and start finding ways to make these channels pay.
  • Social media relationships are shallow and meaningless. We all know twitter can’t start revolutions or substitute for gazing meaningfully into someone’s eyes over dinner, but what I don’t understand is why the critics can’t see a link between the bonds that we form on social media and the deeper links that we forge offline. For example, the viral relationship model of Twitter adds a new dimension to relationships, it doesn’t subtract. You meet tons more people than you would in more traditional permission-based environments and some of those relationships will wind up becoming the kinds of deeper, more meaningful exchanges that the critics say we are losing through social media. I’ve formed a handful of excellent business relationships on Twitter this year—we know each other on sight and (gasp) we’ve even spoken to one another. Now, are a handful of real relationships a good return considering that I have 1400 followers on Twitter? Yes, because these relationships would not have happened otherwise. Shallow relationships don’t have to remain that way and existing relationships don’t have to go all shallow just because you start interacting in social media.
  • Interactions substitute for relationships. Many seemingly logical, intelligent people send me automated direct messages (DMs) when I follow them on Twitter, making them seem like robot spammers rather than people. They think that by throwing that extra interaction in there that it is somehow going to deepen our relationship. Soon, we’ll be able to automate our social media relationships through bots that can judge sentiment. The theory is that social media powered by humans doesn’t scale well. It’s nothing new; authors automated their interactions with readers centuries ago with the printing press. Just don’t go believing that these interactions can ever be substitutes for a human relationship.
  • Filtered conversation reduces risk. The ultimate risk in business is that your customers stop buying from you because they don’t trust you. Preventing employees from speaking to customers because they might make a mistake ignores this much bigger risk—which existed long before social media came along. Customers want to speak to the people they will be working with. That’s why employees and subject matter experts should be on the front lines of social media rather than marketers or PR people.
  • External social media marketing is more important than internal social media collaboration. We did some case studies at ITSMA this year that showed that companies could easily blow up half their offices and do away with most of their administrative and bureaucratic structures without a single customer noticing. The technology for virtual collaboration is finally catching up to the promise of internal knowledge management that we’ve been hearing about for years. Plus, it can make both employees and customers happier than they are now.
  • More volume creates more influence. In traditional media, influence comes from sheer numbers—the more subscribers to your newspaper, the better. But influence in social media isn’t purely a numbers game (though numbers can certainly help). It’s also about the degree of interconnectedness. There’s a scary analogy here, to viruses. Viruses ultimately benefit more from infecting 100 people who travel widely across the world than from infecting 10,000 people in one place. The most influential people in social media will be those who can combine large followings with diverse groups of followers who themselves also have many diverse followers.
  • Social media has ROI. Unless you are selling products, and inexpensive ones at that, it is impossible to track a tweet or a blog post directly to a sale. For expensive, complex B2B products and services, social media can improve relationships with customers and increase awareness. Do you call that ROI? I don’t. ROI should be measured on a higher level—as in the ROI of all of marketing to the business.

Mobile

General Marketing

  • Analytics can wait. We need to close the loop on what buyers do with our content and use that insight to predict what they will do next. Buying marketing automation tools or social media analysis tools aren’t enough. You need people who know how to create analytical processes and algorithms and all that stuff. Wall Street is already trying to make sense of the massive river of online conversation for business purposes. We need people who can do it, too.
  • We must measure the ROI of social media (or any other individual marketing tactic). CEOs don’t care about individual tactics; they want to know whether marketing in general reduces the time to revenue and improves the productivity of sales. We need to start measuring the larger impact of marketing rather than measuring activity or individual tactics.
  • Publish it and they will come. We have a crisis in marketing channels. All year, marketers have been telling me that they are having a harder and harder time getting noticed in traditional channels like white papers, email newsletters, and events. This is a typical comment: “I’ve got plenty of content. It’s getting people to pay attention to it that’s the problem!” We need to mashup some new channels out of combinations of new and old to stand out and be heard now. A few examples of things that ITSMA clients did this year:
  • Describing what you do is thought leadership. Creating compelling offers and descriptions of products and services is an art, it really is. But it ain’t thought leadership. Customers want ideas for fixing their problems and proof that they can trust you. Most companies still try to sell what they have rather than figuring out what customers need.
  • Sales support is marketing’s primary role. Many companies think that they are maximizing their investment in marketing by limiting it to sales support. What they don’t realize is that buyers have removed salespeople from the earliest stages of the buying process by doing their own research with colleagues, peers, on the web, and in social media. Marketing is most effective at this stage, when buyers want nothing to do with salespeople. Marketing organizations that don’t break out of the sales support role will be trapped in a Catch-22 of increasingly poor performance and waning confidence from the business side.
  • Email will always be cool. Hey, we’re humans. We resist change and we have irrational hope for the future. So we keep doing stuff we’re comfortable doing for longer than we probably should rather than embracing new stuff. Email is inconvenient, impersonal, slow, rife with spam, and not particularly intelligent. But we’re used to it. The kids have already dumped it in favor of texting and social networking. Email won’t go away tomorrow but it will gradually be starved of all meaningful human interaction until it becomes a graveyard of official business communications and, wait for it, marketing. We should probably start planning for email’s funeral now so we don’t miss it.

What things do you wish we would stop doing and saying in 2011?

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How to make social media add up

Back in the eighties, when newspapers were only beginning to disappear, I worked for a local paper in a very competitive (journalistically, anyway) part of the world: the moneyed, New York City suburban area of Fairfield County, CT (Greenwich, Stamford, etc.).

Among the five different newspapers that covered the same turf as I did was the New York Times, which had a section called “Connecticut Weekly” on Sundays. In this section, the Times would do something that drove me insane with envy and jealously.

Just as in the main daily edition of the Times, all the news that’s fit to print for the “Connecticut Weekly” section didn’t include sweating the small stuff, the slowly developing, often tedious stories that are the bread-and-butter of local weeklies and dailies desperate to fill their pages.

During the weeks and months that I slaved away on developing stories like a proposed new office development, dutifully updating my readers on every little shift in their fair city’s mood and shape, occasionally something of real interest would happen. A neighborhood might get really angry and stage a rally protesting development, for example.

The predatory strike of summation
In instances like this, the Times would hire a talented freelancer to swoop in like a predatory bird, scanning everything that me and all the other beat reporters on the other local papers had written on the subject in the months leading up to this point and nail the story with a killing strike—a single, cogent, engaging, original (never plagiarized) narrative leading up to the dramatic denouement of the protest. I was so obsessed with following the breadcrumb details of stories like this that I rarely looked up in time to preempt the predatory strike—my only satisfaction came from seeing my serial accounts shifted from their usual spots somewhere deep inside the pages of my newspaper to a brief, fleeting appearance on the front page.

Well, this week I finally have my revenge on the Times, thanks in part, to you.

How to use social media to create thought leadership
In the nearly three years I’ve been writing this blog, I’ve been relentlessly chronicling my pursuit of the developing story of social media for B2B marketers and absorbing your comments and real-world stories. And while I know that others have already made the predatory strike in terms of trying to sum all this stuff up for marketers, at least I can be the first to digest and transform my stuff into a proper summation narrative. This week, we released my ITSMA Special Report: “How to Fit Social Media into your Overall Marketing Strategy and Make it Stick.”

The report is a combination of the reporting I’ve done here on this blog, case studies of social media that I’ve done for ITSMA, and two surveys that we’ve done at ITSMA over the past three years. But it’s also more than the sum of its parts. In combining all this stuff together, I was forced to create a summation narrative that made sense of all the different pieces. In the process, I discovered five important steps that B2B companies must take to integrate social media into the overall marketing strategy.

Why creating a summation narrative is better than reuse
Putting this report together has made me realize the value of turning the breadcrumb trail into a summation narrative. You’d save yourself a lot of time if you made this part of your content strategy from the beginning. Here are some reasons why:

  • Create a larger goal. About the time that we did our first ITSMA social media survey, I realized that I should begin trying to write about all of the different areas that we were asking about on the survey so that we could come up with something more definitive than a bunch of numbers. Having this goal in the back of my mind helped push me to continue to blog about social media even though so many others were doing the same thing. At some point, I thought, all these little posts are going to add up to something bigger.
  • Motivate yourself to write. As I started investigating and writing about the different facets of social media that we were looking at in our research, it all became like a puzzle with missing pieces. I became driven to fill in those pieces.
  • Create new IP. What drove me especially crazy about the summation narratives that the Times did was how the process of summarizing the story forced the writer to create logic that linked everything together. What were the precipitating factors that had led to the neighborhood revolting against the office development? How were they connected? These aren’t questions that occur to you when you’re focused just on the individual pieces of the story. When I started putting together our social media report, I had to do the same thing. In creating logic to link all the different pieces I had together, I created new IP.
  • Anticipate the next big change. Once you’ve created a larger summation narrative, it becomes easier to see when the world has changed. It’s much harder to see the big changes when you’re focused on the little pieces. Just as I didn’t see the neighborhood insurrection as the defining moment in the office development story, IBM, for example, became so focused on optimizing the individual pieces of its portfolio back in the eighties and nineties that no one saw that the bigger narrative had changed: IT was moving from selling individual boxes to fixing bigger problems with a mix of products and services.
  • Move beyond simple reuse. Sure, regular readers of my blog will recognize some sections of the social media report from some of my posts here, but in nearly every case I had to add more to weave these pieces into the larger picture. Needing to create a larger linking logic gives new life to older content.

I know I’ve been telling you to reuse and re purpose content, but now I realize that there’s another important opportunity in this strategy: creating a summation narrative. What do you think? Have you done this with your content?

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