May 17, 2012

You are here: Home / Archives for Social Media

Social media’s Hallmark Moment: the Twitter Auto DM

May 13, 2011 By 7 Comments

I take a perverse pleasure in reading my Twitter DMs, 99% of which are of the automated variety, looking for the heartfelt sentiment that goes out to me and thousands of other close personal friends every day from people I’ve started following.

I try to imagine the impulses that motivate the writers behind these parsimonious hanging chads of fake individualized attention. Technology is wonderful isn’t it? It allows us to divide the equivalent of a single “Have a nice day” into thousands of infinitesimally smaller investments of effort and goodwill. Automated DMs are like giving a new acquaintance a sliced off sliver of a single piece of mini-Chiclets gum and saying, “There you go. I hope you enjoy that.”

Since I think that automated DMs are about as useful as egg on sand, I like to parse them into snarky categories (these are all actual auto DMs I’ve received). See if you agree with mine. Perhaps you can add some yourself. (No doubt I’ll have fewer readers after this post—“Gosh, what’s his problem?! I’m just trying to spread a little good cheer!”—so I can use all the help I can get.)

The “You’re lucky to know me” category:

  • “@ me to follow you if I haven’t already.” Yes, I’ll look into that right away.
  • “What do you do?” Okay, so you want to automate the fact that you can’t be bothered learning anything about the people who follow you?
  • “If you miss my tweets, you can catch a summary in my monthly newsletter here.” So good you need to send them twice. Thanks.
  • “[            ] uses TrueTwit validation service. To validate click here:” Will I need two forms of ID for that?

The “I’m genuinely interested in knowing you more—no really I am” category:

  • “Let me know if I can help you in any way.” This is what salespeople say to me at stores. Except I’m usually standing amid consumer electronics or racks of clothing when they say it, so it makes sense. But now I’m on Twitter and I’ve just met you, so what kind of help are we talking about here? Oops, I’ve just invested more attention than he did writing the auto DM. I feel so used.
  • “Look forward to learning about your interests.” And yours, and yours, and yours…

The “I’m totally desperate to get some freakin’ cash out of you or anybody else—can you help with that?” category:

  • “I’m using this to make money on Twitter, I hope you find it useful.” Thanks a bunch. If I wanted fake Viagra pills I would have stuck to email.
  • Looking forward to chatting. Download a free value calculator.” Wow, king of the transition sentence, aren’t we?
  • “Here are links to my book, my blog, my company.” Gives new meaning to the phrase “cut to the chase.”

The “I just wanted to let you know that I’m trying to game my follower count” category:

  • “Plz help spread the word about me! I wana rise to the top!” Yes, spamming is such a competitive field these days.

The “I’m going to redundantly echo the empty sentiment of the act of sending Auto DMs by repeating that empty sentiment in my message to you” category:

  • “Have an awesome day!” But what about tomorrow, and the day after that? I feel so lost.

The “I’m trying to sound humble” category:

  • “I clearly see I’m going to learn a great deal from YOU!” Not if you’re auto DMing me.
  • “We will do our very best to keep you informed and entertained.” Why do I think this person has won an “excellent attendance” award in the past?
  • “Will try to keep it interesting.” Will try? Way to lower those expectations. What about doing your very best—every day! Hey, that’d make a catchy auto DM, don’t you think?

The “I often creep people out” category:

  • “I got my eye on you. Thanks for the follow!! If your on Facebook too hit me up!” Cause hitting peeple up on Facebook is what me like to do.
  • “Smile, you only have one today!” Cringing, not smiling. And what, I’m only allowed one smile today? I guess when you’re auto DMing smiles you have to ration them carefully.
  • “Glad to have you in my Twitstream.” I suddenly get this feeling that I should be ahead of a Twitstream rather than following one.
Related articles
Enhanced by Zemanta

Post to Twitter

Filed Under: Latest Post, Social Media Tagged With: , , , ,

How to measure influence in social media marketing

May 6, 2011 By 12 Comments
Free twitter badge

Image via Wikipedia

Measuring influence is the new obsession in the social media world—adding another layer of anxiety to the dark cloud of existential dread that is marketing ROI.

Social media present us as individuals seeking status within a community, which is something that humans have been working at since our days as monkeys. Indeed, science tells us that monkeys would rather look at pictures of high-ranking members of their troop than eat. The only difference between us and the monkeys is that we usually remember to eat while we watch the Oscars or check our Twitter follower counts.

Influence is the ability to affect others in their thinking or actions. But we need validation that it is happening. Since social media leave digital footprints, companies create complex algorithms to come up with simple answers to measuring social media influence. These fall into two categories:

  • The number generators. These tools assign a number to influence based on factors such as popularity, number of connections, and share of conversation. The best of these is still Technorati, because blogs are, in and of themselves, the most influential channel within social media. Face it, unless you can come up with enough to say to sustain a blog, it’s difficult to become influential. Others include Klout and Twitter Grader, which focus on the social networks. Another category of tools “gameify” influence by giving us fake shiny objects as rewards for engaging others. These include Foursquare and Empire Avenue. But all these numbers have little use beyond the ego stroke.
  • The monitors. These include the proprietary tools that look across all the online channels to determine how brands are being talked about. These social media monitoring tools have more use for marketers, but they require significant human intervention and can easily become very expensive versions of the number generators if not used with a goal in mind.

How to measure social media influence in a marketing context
Influence is usually presented in the context of figuring out who is engaging us and who we should be engaging with. But I think as marketers, we need to think bigger. I’d like to suggest that we look at influence as part of an integrated marketing strategy. In this context, influence has little to do with algorithms and more to do with something that marketers have been measuring for a long time: perception.

The two most important components of influence
I see successful marketers getting their companies to set two reference points to measure influence across all their marketing programs:

  • Who we are. Through surveys, both qualitative and quantitative, marketers ask their target audiences to tell them how they perceive the company. Classic versions of this are unaided awareness (“Name five IT services providers”) and aided awareness (“Have you heard of x company?”).
  • Who we want to be. This is where the strategy comes in. This reference point is in the future and requires careful definition. It requires all the key players in the company to decide how they want the company to influence the market in the future. For example, many ITSMA members are companies that began by selling B2B products but are now trying to become known as full-service solution companies. They have built or bought services divisions and created services offerings, but they cannot yet influence their target audiences to see them as anything other than product providers. Marketing’s job is to influence buyers to move from the existing perception to the new one—using all the available tools at its disposal.

Over time, we measure our influence by asking our target audience if they see our companies as we want them to be seen. Looked at this way, measuring influence becomes simpler and clearer.

What do you think?

Enhanced by Zemanta

Post to Twitter

Filed Under: Latest Post, Marketing Strategy, Social Media Tagged With: , , , , , , , , , , , ,

Marketing’s golden opportunity in innovation

April 22, 2011 By 4 Comments

Innovation is becoming more external to companies and more social.

When Netflix’s internal engineers struggled to get more than incremental improvements in the company’s movie matching algorithm, the company put the problem to the internet and crowdsourced a 10% leap in accuracy (of course, it didn’t hurt that they offered a million dollar prize). Even funding for innovation is becoming more external and social. A website called Kickstarter lets anyone—not just venture capitalists—fund innovation projects featured on the site.

Social media management and innovation
This shift in innovation has big implications for marketing. ITSMA’s social media research (free excerpt available) shows that marketing is responsible for monitoring social media and for training, governing, and supporting the organization in using social media. I think this means that marketing must be ready to take a larger role in facilitating the innovation process and in being the ears to the ground on all the innovation that’s happening externally to organizations out there on the internet.

CMOs can succeed where CIOs struggled
Marketing is in a similar position today to where IT was in the 90s. Back then, the rise of reengineering and enterprise software systems gave CIOs a unique opportunity to be facilitators of innovation. They were the only C-level executives involved in all the efforts to rethink the ways that companies did work across the entire organization. Sadly, few CIOs took advantage of this cross-company view to innovate the ways that their companies did things. (In CIOs’ defense, few companies felt comfortable giving CIOs the power to do this sort of thing.)

Move beyond brand stewardship
Today, CMOs have the same opportunity that CIOs did back in the 90s. Marketing is essentially in charge of collaboration both inside and outside the company through its leading role in social media. CMOs have to resist the tendency to view this stewardship as simply a continuation of their traditional role as the head of branding and communications. For CMOs, social media aren’t just for listening to what people are saying about the brand or pushing out messages. Social media aren’t even just for facilitating conversation and customer relationships. Social media are also for innovation, and marketing has a major role to play in making it happen.

Examples of the mandate for innovation
In a blog post this week entitled What CEOs Want from Their CMOs, Forrester’s CEO, George Colony, discusses the mandate for the CMO to keep an eye out for what’s ahead. I wrote a case study a few years ago about how IT services firm CSC has an innovation process that is facilitated by marketing.

So the question is, will CMOs step up to the innovation challenge? And will CEOs let them?

What do you think?

Enhanced by Zemanta

Post to Twitter

Filed Under: Latest Post, Social Media Tagged With: , , , , , , , , ,

How do you know when you’ve reached the next level in social media?

April 8, 2011 By 2 Comments

I was thrilled to run a social media workshop this week with a large B2B technology and services provider (and ITSMA member). The great thing about the experience was that this company is already doing social media. In other words, I didn’t have to spend any time defending the honor of social media and explaining why they should be doing it.

This was all about the how.

But even the how was different. This company has established a highly visible presence in social media—indeed, it has won an award for it. The marketing team wanted to do the workshop because, as one executive told me, “We’re committed to social media and we’ve done some good things, but we want to take it to the next level.”

That got me thinking. Exactly what does that mean? What is the next level of social media in B2B and how do you know when you’ve gotten there?

We could all use some way to gauge our progress, especially in large, dispersed companies and marketing organizations. So let’s try to define what the ground level is so we know when we’ve established the base level of organizational social media skills. Here’s my take (I hope you will help me with your thoughts).

  • There is cultural permission to speak. Companies need to give themselves permission to engage in social media, both within marketing and in the broader culture of the company. I speak to many regulated B2B companies who (still) don’t believe their employees can engage in uncontrolled conversations with customers and prospects. The company I worked with this week no longer has that problem.
  • Internal social media is thriving. Most B2B companies I work with are much farther ahead with internal social media efforts than with external. I’m committed to the theory that companies can’t be effective at engaging in social media marketing until they’ve gotten the hang of it internally first.
  • Basic social media governance has been established. I’ve yet to see a B2B company have any success in social media that doesn’t have a social media policy, at least some training, and an informal social media center of excellence.
  • The organization views social media as important to relationship building. Unless social media is embraced by respected subject or experts outside marketing and PR, you haven’t gotten past the first level yet.
  • Social media is integrated with traditional marketing. Most companies need to use social media as adjuncts to traditional marketing practices before they can feel comfortable going farther with it. Social media supports an event, or an offering introduction, then ebbs. It’s hard to go to the always-on mode with social media at first. Most companies just don’t know how to sustain it. But at least they are testing and practicing.

I think this defines the base level of social media capabilities—the things you need to have in place before you can begin down the long road of perfection. What do you think? Do you agree? What would you add or change?

Related articles
Enhanced by Zemanta

Post to Twitter

Filed Under: Latest Post, Social Media Tagged With: , , , , , ,

The prerequisite to effective social media: the idea organization

March 25, 2011 By 3 Comments

At the first of ITSMA’s series of road shows this week in Silicon Valley this week (there’s still time to sign up for New York and Boston next week!) I confirmed something I’ve been hearing in my research on idea marketing over the past month: idea marketing requires a deep commitment not just from marketing but from the entire organization.

Eric Wittlake makes this point in a blog post this week and I heartily agree.

But then this got me to thinking, without a commitment to ideas throughout the organization, all these dollars we’re starting to spend on social media will be wasted.

In other words, unless we become idea organizations, we’re not going to have much to say to customers, prospects, and influencers in social media.

What do I mean by an idea organization? Let’s look at some attributes I’m seeing I’m my research:

  • Show commitment to idea development from the top. Some management consulting companies have the commitment to ideas baked into the culture—you simply will not survive as a consultant if you do not create ideas that lead to new IP. For everyone else, a visible commitment from the CEO and other top leaders signals that ideas, not just offerings, are part of all subject matter experts’ jobs.
  • Appeal to their egos. Recognition from peers means a lot to subject matter experts. Some companies get pretty formal about this, creating invitation-only SME councils with entry requirements. For example, one company required that its council members hold at least one patent before they’d be invited.
  • Make ideas part of individual expectations. I’m hearing B2B companies tell me that they are starting to make idea development part of the yearly goals of their subject matter experts. Few go so far as to specify the number of ideas or idea-based content that these people are expected to produce each year, but they have made idea development a part of the yearly review discussion.
  • Give them the tools to think. We’re seeing some companies develop some creative tools for fostering idea development. One company has created an internal portal where project members submit ideas that are vetted and voted on by the project customers. The winning ideas are implemented.
  • Make it competitive. Some companies have companywide competitions for the best ideas or the best white paper. This process is usually facilitated by marketing.
  • Make it visible. You’ll never create an idea organization if ideas are developed in secret. Think about it: if employees aren’t comfortable sharing their ideas with each other, how will they ever be comfortable talking about them in social media? Collaboration—both internally and externally—will help embed idea development into the culture.

Can you start to see that by creating these idea development processes, it becomes much easier for companies to engage in social media conversations that will impress customers and influencers?

What do you think? How are you creating an idea organization?

Enhanced by Zemanta

Post to Twitter

Filed Under: Idea Marketing, Latest Post, Social Media Tagged With: , , , , , , , , , , , ,

Why you need to turn your customers into stalkers

January 21, 2011 By 3 Comments

At ITSMA, we’ve been busy preparing for our annual State of the Marketing Profession briefing next Tuesday. It’s where we introduce some of the top findings from our annual budget survey of marketers.

But we don’t like to just parrot the numbers from the survey. So we spend weeks leading up to the briefing arguing about what the numbers actually mean and what marketers should do. One of the big ideas we’re going to be talking about next week is the concept of scaling intimacy.

All through 2010, marketers have been telling us that they are having a harder time getting their content noticed. Social media have created so much noise that it’s becoming more difficult for the good old white paper to stand out.

The social media noise is personal
But let’s look at the social media noise more carefully. The characteristic that stands out is that these channels are all more personal than more traditional content. In social media, we announce, as Tom Waits does in my favorite song of his, “Goin’ Out West,” that “I’m gonna make myself available to you.”

It has made those little pictures and bios at the end of white papers seem inadequate when compared to the wealth of information we can see about people on such social media channels as LinkedIn and Twitter.

Buyers have higher expectations for intimacy
What this means for marketers is that social media have increased buyers’ expectations for intimacy at all stages of the buying process. And this is where the scale issue comes in. We have built intimacy into the later stages of the buying process. We have individual salespeople making calls and we have marketers establishing deeper relationships with existing customers through intimate channels like reference programs and customer advisory councils.

But at the front end, our traditional tactics are starting to come off with all the warmth and sincerity of an English royal. It’s time to make our subject matter experts more available.

Marketers as paparazzi
We marketers have to start thinking of ourselves as paparazzi, complicit in making our subject matter experts’ personalities and accomplishments as visible online as Britney Spears’ stretch marks are in the trashy celebrity magazines.

Now, I can already sense marketers and PR people cringing. This is not how it usually works. We spend millions to build brands, why do we want to let individuals horn in on the action with their own brands? Won’t they just use our hard-won brand image to make themselves rich and famous and then just leave us?

You have no choice but to market individuals
Yes, but you have no choice but to market individuals as well as brands. Stats show that just 23% of the Fortune 1000 has corporate blogs—not exactly overwhelming. And what’s worse, when asked why they had corporate blogs, more than 50% said it’s the cost of doing business. Just 18% said they did it to become authorities within their industries.

I’d say the future of corporate blogs is bleak because we put traditional corporate brand walls around them. The brand comes first, not the people. That’s not going to motivate employees to participate. All of the best blogs are personal. Marketing needs to start paying as much attention to building individual brands as corporate brands.

And this is how we address the issue of scaling intimacy. By picking some individual stars and promoting the hell out of them, we present a more intimate face to all buyers—not just the ones who know us. The better known they become, the more people they can reach. But first we have to get past the fear of individuals taking our brands with them when they leave.

What do you think?

Enhanced by Zemanta

Post to Twitter

Filed Under: Blogging, Latest Post, Social Media

15 things marketers should stop doing and thinking in 2011

December 28, 2010 By 5 Comments

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?

Enhanced by Zemanta

Post to Twitter

Filed Under: Latest Post, Marketing Strategy, Mobile Marketing, Social Media Tagged With: , , , , , , , , , , , ,

13 questions about social media and idea marketing

October 1, 2010 By 6 Comments

Earlier this week I participated in one of MarketingProfs’ TechChats (just do a Twitter search on the #TechChat hashtag to find the dialogue).

It’s a warm-up for the great dialogues we’ll be having at MarketingProfs’ SocialTech conference later this month in San Jose, where I’ll be speaking about social media and the B2B buying process. If you’re in B2B marketing, you gotta go to this thing. All the top social media pros will be there and the focus will be all B2B. I can’t wait.

MarketingProfs’ Megan Leap came up with some excellent questions for me about thought leadership and social media for this week’s TechChat. My answers sparked a lot of debate, so I’ve put them together for you here to see if they will spark the same kind of discussion here. (As an extra added bonus, due to Twitter’s typical evening queasiness, we weren’t able to post all the questions during the appointed hour. So they are all here for your enjoyment.) Please add your thoughts!

Q. Let’s get back to the basics. What exactly IS thought leadership?
A. Ideas that educate customers and prospects about important business and technology issues and help them solve those issues—without selling.

Q. Why should B2B companies try to be thought leaders in their industry?
A. Because online search has become so important to the B2B buying cycle. Content is replacing salespeople in the earliest stages of the buying process. If buyers find your content you’re a step ahead.

Q. What are some ways B2B marketers can position themselves as thought leaders?
A. Marketers can never be thought leaders! Especially in social media, their subject matter experts need to take center stage. But marketers must lead and support SMEs in the development and publishing processes. http://j.mp/8YsPBg

Q. What are some ways B2B marketers can improve their thought leadership?
A. By investing more in the idea development piece of thought leadership. Marketers today are too focused on the publishing part. Another way is by picking themes to help guide your TL development. Smarter Planet helps SMEs at IBM focus. http://j.mp/dzaioo

(Note: At this point, we had a lot of discussion about how ITSMA divides thought leadership into two pieces: development and publishing. Some people thought that publishing was too limited a term for describing the process of getting your ideas packaged up and out into the market. My feeling is that it is apt, because the best model we have for doing this is publishing—i.e., traditional media companies. Just because their business model doesn’t work anymore, that doesn’t mean that their model for developing ideas and getting them out into the marketplace should also be tossed out. It works.)

Also at this point, participants started a really interesting debate about the qualities of a thought leader—but that dialogue is too long to reproduce here—you’ll just have to check out the hashtag!)

Q. Who should be in charge of developing thought leadership? Marketing? PR?
A. Marketing. Marketing has more peer relationships with thought leaders inside the company than PR. Marketing is helping develop offerings.

Q. What social media vehicles are best for promoting B2B thought leadership? Video, blogs, Twitter?
A. Whichever channels your prospects are interested in receiving it and at the stage of the buying process they are at. Research them!

Q. How can marketers integrate thought leadership with traditional marketing tactics?
A. ITSMA research shows that nothing comes close to peer networking and small-scale events. So we should find ways to use social media to support and enhance the live meetings. IBM does that. http://j.mp/c9fWuX

Q. What are some qualities of a good social media voice? (Yes, stole this one from your blog ;)
A. I see 15 qualities, but if it had to pick the top one it would be authenticity. More about it here: http://j.mp/cdcbo9

Q. What are some examples of B2B companies who are successfully using social media and thought leadership? Companies who aren’t?
A. I think B2B companies that have social media policies are ahead of the game in using social media and thought leadership. Companies that don’t let their SMEs talk are going to fall far behind.

Q. Let’s say you market a highly commoditized industry. Would you say thought leadership is even more important?
A. I think it’s important for any B2B company. Anywhere there’s a business process you have the possibility to create thought leadership. That’s where the trade magazine explosion of the 60s-90s came from. Heck, I remember a trade magazine about coin-op laundromats! Everyone wants to improve what they do and how they do it. .

Q. Where will social media and thought leadership be in 2 years?
A. More integrated. Companies and customers and prospects will have a more continuous relationship than they do today. Marketing is still very episodic today, even with social media.

Q. What works better: a blog with a multi or single author approach?
A. I think single authors work best, but it’s much more work and can distract from the brand. I see companies adopting multi-authors for that reason (brand defense). But in B2B, people want to connect with other people, not with brands. Most multi-author blogs are really boring, with few posts and even fewer comments.

Q. How can B2B marketers measure their thought leadership investment?
A. There is no measurable ROI from thought leadership. Period. You will never track it through to a sale and if you do, you’ll never be able to separate it from other factors affecting the sale. I wish the pundits would stop selling that fiction. But I guess it keeps consultants in business. Thought leadership has a role to play, but it’s more to do with building a relationship than making the sale. Content builds intimacy between the company and the prospect until you can put them in touch with a salesperson.

Like these answers? Hate them? Have something to add?

Related articles by Zemanta
Enhanced by Zemanta

Post to Twitter

Filed Under: Idea Marketing, Latest Post, Social Media Tagged With: , , , , , , , , , , ,

B2B social media lessons from Steven Slater and Mark Hurd

August 13, 2010 By 2 Comments

At first glance, Steven Slater seems like a total crackpot—cursing out a passenger on the intercom and snagging a few beers on the way to a fun-house exit on the inflatable emergency slide (admit it, haven’t you always wanted to slide down that thing yourself?).

But we’re in the era of social media now, so there are breadcrumbs in the forest that lead us to a fuller explanation of who Slater is and why he did what he did. Valleywag did a great piece on the trail of anguish Slater left on a social media site called Airliners.net about how airlines’ absurd baggage fees had caused an explosion in carry-on baggage that pits passengers against crew and puts everyone in danger.

Social media fills in the background to the blowup
Thanks to the site, we discover that Slater has loved flying since he was a kid. His father was an airline pilot and he waxed poetic about seeing planes take off. His posts chronicle the sweeping arc of frustration felt by a veteran flight attendant (he has been flying since 1990) over the steady decline of an industry that he clearly loves.

Following the trail of bread crumbs leads us to a caring, thoughtful person. Of course, he shouldn’t have done what he did, but it’s clear that his slide into the sunset is built on a foundation of heartfelt frustration rather than a crackpot’s whim.

Even the mighty leave a trail
From the yin of Slater we have the yang of Mark Hurd’s implosion at HP. It’s difficult to tell exactly what went on between Hurd and Jodie Fisher, but it isn’t hard to find a breadcrumb trail of what people of HP thought of him. And in the wake of his firing, that’s exactly what journalists and their audiences were interested in knowing. When the mighty fall, we all want to know what those involved really thought about the powerful icons.

You can do that on a social media site called Glassdoor. Go there and search on HP, and you can see that as of today anyway, employees are dissatisfied. And until Hurd was fired, his picture went next to that 2.4 out of 5 rating. The first review I saw listed under the search was entitled, “OK to work for, but watch your back.” Nothing like faint praise.

The data is available to pass judgment
In a piece on SiliconValley.com, they interviewed the CEO of Glassdoor, who was able to offer an assessment of Hurd’s reign based on over 1000 reviews of people who work there. As a researcher, I know that that is a pretty respectable survey sample. And since Glassdoor is a site with a higher purpose than ranting about your employer (people go there looking for job postings and to get a sense of the going salaries in their professions) it’s likely that it represents a fair cross section of HP employees, rather than just the angry ones.

The information from a social site like this changes how journalists can write about a huge company like HP. Rather than trying to craft an objective view of what HP employees thought of Hurd based on a handful of interviews with a few (possibly disgruntled) ex-employees, the reporter is able to build a credible case for the fact that, as it says on the headline, “Few HP workers shed a tear for Hurd.”

So what can we take away from all this as B2B marketing professionals? Here are a few thoughts:

  • We must monitor what’s being said about our companies online. The trajectory of Slater’s postings look a lot like the things that customers say about our complex B2B products and services, which have a much longer arc of relationship than B2C. Our customers aren’t going to do a United breaks guitars on us. They are much more likely to build a reasoned head of steam over a long period in places like message boards.
    Longtime customers look especially like Slater. They may have come on board at a time when your products and services offered more than they do now or worked differently. Like Slater, their expectations may be born of an entirely different era that they think was “better” than today. We need to keep track of the arc of sentiment and reach out to these customers before the blowup.
  • We must be able to engage with customers through social media. It isn’t enough to discover that customers are mad at us online. We need a process and people for reaching out to them. Imagine if someone at JetBlue had reached out to Slater based on his postings and asked him to talk about his growing frustrations? He certainly wouldn’t be facing federal charges and an end to a long career. Similarly, there are many ways we can intervene in our B2B customers’ frustrations. We can invite them to talk with an internal SME, create a session about the issue at the next user conference and invite to attend, etc.

What do you think? What else do we need to do?

Enhanced by Zemanta

Post to Twitter

Filed Under: Customer Relationships, Social Media Tagged With: , , , , , , , , ,

15 qualities of a good social media voice

August 3, 2010 By 13 Comments

When people ask about how to use social media tools like Twitter, LinkedIn, or Facebook, I suspect that they are really asking about how they should sound in those tools.

After all, the tools themselves are dead simple. You need a second hand on your watch to track how long it takes to set up a Twitter account, for example.

But developing a social media voice is a more complicated proposition.

A good starting point is to create a social media policy for the organization. But these policies are more like guardrails than signposts. Writing style guides can also help, but who has time to plow through them? Employees and subject matters experts need active support from marketers to develop their social media voices. In ITSMA’s social media survey, 68% said that marketing is the catalyst for social media. It’s worth our time to develop a brief guide to social media voice for employees that takes into account the unique attributes of your target audience.

I humbly offer these guidelines in the spirit of the B2B marketing guild. I’d love to hear your additions, comments, rants.

Here are some of the qualities that social media voices should have:

  • Authentic. I’m loath to use this one because it gets trotted out so often, but social media ups the ante for saying what you mean and meaning what you say at the time you’re saying it. In social media, buyers can connect synchronously with you and with their peers, they can react instantly, and they can do so through easily accessible tools like Twitter. Obfuscation used to be a way to buy time in an era when buyers had to write letters to the company president to get their complaints heard (and they had few ways to determine whether others were having the same problems). In social media, obfuscation only brings a swift, often large-scale, backlash.
  • Relevant. In social media, it isn’t just what you say; it’s the company you keep. Creating a responsive social media network means focusing on a subject that you know well and sticking to it so that people know what to expect from you. Remember that it’s as easy to disconnect from people in social media as it is to connect with them. Lack of relevance is a ticket to deletionville.
  • Empathetic. The best social media voices have a clear understanding of what it feels like to stand in their audiences’ shoes. We need to understand their experiences and offer content that fits their needs.
  • Generous. Sharing is the currency of social media. For example, Twitter updates that come with a link to something deeper to read (such as news, opinion, tips, research, and thought leadership) are more likely to be passed on, or retweeted, to others. Rarely do those links lead to paid content. Those who make their content freely available will have many more readers than those who don’t. Besides, it makes us feel good. Acts of generosity, it turns out, light up the same primitive, feel-good areas of the brain as sex and food do.
  • Responsive. Just when we think no one is listening to what we’re saying in social media, we’re likely to receive a message—often from someone we’ve never conversed with before. If we ignore these messages, we can hurt the feelings of those involved and lose opportunities to have interesting conversations that could contribute to our social media success. Blog comments, for example, should all receive a response from the blogger, even if it’s just one message thanking everyone for their time and good thoughts.
  • Helpful. Our helpful deeds in social media are often seen by many others who spread the help farther and enhance our reputation. Subject matter experts who answer questions on the Answers section of LinkedIn, for example, can grow their connections and build traffic to their blogs.
  • Original. It’s okay to link to news items or interesting blog posts, but chances are that many others have already done the same thing. The strongest social media voices are those that regularly contribute original ideas. Blogs are a great hub for creating and sharing original ideas, because readers can contribute to and refine the thinking (as I’m hoping you’ll do here!).
  • (More) Informal. Social media are designed to elicit conversation, yet most of that conversation happens in written form. That means we need a new standard for ourselves. We should make our writing sound more like the way we speak (when we’re at work). One way to judge whether you’re being too stiff (or overly casual) is to read your writing aloud before posting it. If it sounds too stuffy, overly long, or overwrought, simplify it. On the other hand, if it sounds like you aren’t old enough to have a driver’s license, put more thought into it.
  • Timely. Everybody loves a scoop. Gaining a reputation as the first with the latest news in your chosen subject area increases your relevance among others in your network and helps attract new followers. However, it helps to do a little research before sharing to make sure that the tidbit hasn’t been re-tweeted a million times already, or that there hasn’t been some change in the issue since you discovered it.
  • Persistent. Social media voices that appear and then disappear for long intervals create mistrust and apprehension. Was this just a passing fancy? Are you participating just to push messages? Do you have so little say that you needed a month off? The unwritten rule for blogs demands at least a post per week, for example. More than a month and people will begin to delete you from their RSS feeds.
  • Inspiring. As my friend Laura Nicholas points out, the best social media voices try to inspire others to action. For example, try looking at a perennial problem from an entirely different angle and asserting new ideas and thinking. You may inspire someone to share what you wrote because they see the value and want to enlighten others.
  • Grammatical. Sure, social media are more informal by default, but informal doesn’t mean you should sound like an idiot. Indeed, the more personal nature of the communications makes good skills even more important because all the misdeeds can be easily tracked back to their source. It’s okay to split an infinitive now and then, but the really obvious stuff—misspellings, misunderstood words, crappy punctuation, and internet shorthand (unless you are really short on space)—reflects poorly on the reputations of the communicators and their companies.
  • Communal. Just as we communicate differently in conversation than we do in writing, we have a different voice with groups than we do with individuals. In most cases in social media, we are speaking to a group. Depending on your reach and focus, the group can be homogenous or incredibly diverse. In B2B, it’s likely to be diverse, at least in terms of ages and backgrounds. Your voice should sound reasonable to everyone in that group.
  • Dialectal. We always hear that it’s wrong to use a lot of jargon, and in general it is, but only because most B2B marketers are usually trying to reach a general audience of both business and technical people. On the other hand, if you’re only trying to reach the techies, jargon may be expected, as marketer Jed Sundwall points out in this excellent presentation, Finding Your Social Media Voice. We need to understand the particular dialects of the audiences we’re trying to reach with social media.
  • Contextual. Social media are a lot like party conversations. Much depends on how long the conversation has been going on and what has already been said in your absence. The smartest blog comment sounds dumb if the point has already been debated in the comments section. Conversations in social media have a habit of diverging from their original course. Participants need to stop and assess the waters before plunging in.

What do you think? What are other important qualities to have in a social media voice?

Enhanced by Zemanta

Post to Twitter

Filed Under: Social Media Tagged With: , , , , , , , , ,
« Older Posts
Newer Posts »
Get Adobe Flash player