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How Facebook’s privacy disasters will change B2B marketing

May 21, 2010 by

Have you ever noticed that your Facebook profile page looks like one of those horrible qualification forms that we make our customers fill out? If you go to Facebook and look at your profile, your immediate reaction is going to be that it’s asking for too much information.

Social media is beginning to teach us that long qual forms are going the way of the dodo. I’m still looking to pin down incontrovertible evidence of this, but anecdotally I hear from people that when they get rid of qual forms for their content the amount of engagement increases exponentially. The question that we’re asking Facebook is the question that we should be asking ourselves in our marketing: Do we really need all this information?

Facebook has built its business model around gathering as much personal information about us as possible. And just as our traditional thinking about qual forms is failing, so will Facebook’s personal-information-as-currency model. Both Facebook and we have traditionally believed that the content services that we provide—in our case studies, white papers, webinars, etc.—come at a price. It costs us money to produce this stuff, and therefore our consumers must pay a price. That price is personal information, company information, and buying intent. For Facebook, it’s personal information that advertisers can use to target us.

Customers are less willing to give up information
Especially as social media takes off, we’re finding that prospects and customers have less and less patience for giving us that information. The expectation on Twitter is that 99.9% of the time any link that you put in a tweet is going to lead to accessible content. Twitter etiquette, at least as I observe it, is that if the information that you’re linking to is gated, you take up some of that precious 140-character real estate to inform people of that fact.

It seems that Facebook has staked its future not on the interactions that occur between people on its network but on the idea that the value is in the personal information of its participants. This is a disaster if you ask me.

Now let’s compare your profile page on Facebook with your profile page on Twitter. It’s like the difference between someone asking for your e-mail in exchange for a white paper versus them asking for your salutation, your company size, when you are going to buy, your mother’s maiden name and on and on ad nausea.

The key is the interaction—not the information
See, what I think Twitter understands that Facebook and LinkedIn and all of the other permission-based networks don’t is that the key is in the interaction, not in the information.

I admit it; I’m a Twitter bigot. I find much more value in Twitter than in any of the other social media networks. So take my comments with a grain of salt. But I will tell you that this week I attended an excellent event run by Silver pop called the B2B marketing University in Boston. Because of my Twitter interactions with people in the B2B realm, I had all the information I needed to be able to approach four people I recognized at the event (if you’re reading this, you know who you are!) and engage them in real substantive discussions—even though we had never met.

I don’t know what schools they went to, or where they worked before their current jobs, but I know what they think about B2B marketing and I have re-tweeted their stuff and I know they’re smart. Those interactions on Twitter opened up a possibility of a relationship much more easily than being able to read their profile pages on LinkedIn or Facebook. I learn about them and who they are based on my interactions with them and in sharing content that is of interest to all of us.

Viral vs. permission-based
It’s this viral relationship model of Twitter that wins in every privacy showdown between Facebook and its users. There is a cottage industry developing out there for people who want to protect you from Facebook. Reclaimprivacy.org is a small browser based program that practices a kind of benevolent vigilantism and helps you change your vulnerable privacy settings. It’s a great service, but it only reinforces the perception of Facebook as Big Brother. The privacy issues for Facebook are going to be on the cover of Time magazine next week. There’s would be joy in Twitterville this week if it didn’t seem that the founders of Twitter have none of the ego and contempt for competitors that most businesses seem to have. (Of course, it may be a little bit easier to be this way when your own business model remains rather ill defined.)

I don’t know about you, but I’m always annoyed by people whose first question is what I do or what school I went to. But that is how we’re introduced to each other on Facebook and LinkedIn. I’d rather get to know you based on knowing that I have a shared interest with you. Frankly, I can’t imagine why 300 people would read my blog every week if that weren’t the basis of our relationship.

Ask for a relationship, not information
I think that as social media becomes more integrated into our lives and our jobs were going to see that just as with our content we are going to have to get to know one another through our interactions. We need to ask people for a relationship rather than asking them for their information. What if, next time you offer a white paper or video to prospects, instead of demanding their contact information, you invite them to join your community on LinkedIn, or sign up for an event, or follow you on Twitter? This would be the basis of a much more substantive encounter—and potential relationship—just as I had with my Tweeps this week in Boston.

We should all take a lesson from Facebook and understand that getting information from people is not a zero-sum game. It’s a gradual process—the currency of which is trust and exchange of value.

What do you think?

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

Six ways that marketing needs to lead the organization in social media

May 14, 2010 by

Social media creates the need for marketing to lead within the organization.

At least that’s the conclusion we reached at ITSMA recently when we did our social media survey (there’s a free summary if you’re interested).

Now what do we mean when we say that? We mean that within the organization the leadership of social media is falling to marketing. We think that’s because social media is seen primarily as a tool for marketing. Therefore, the marketing group is becoming the default center of social media, right?

I’m really excited about this because it’s rare for a function like marketing to get an opportunity to lead the entire organization. But think about it. Marketers are the not the only ones who are going to be doing social media. Our subject matter experts (SMEs) are talking to customers. We’re seeing HR departments using social media for recruiting. We’re seeing companies use social media to bring customers into the product and service development processes to collaborate on new ideas and improvements. We’re seeing companies use social media for customer support. (Shameless plug here: My favorite B2B blogger Paul Dunay is going to talk about how Avaya uses social media for customer support at ITSMA’s Marketing Leadership Forum on May 25-26.) The entire organization needs to get involved in social media and marketing needs to lead that effort.

I have to say that we were pleasantly surprised and I have to admit a little shocked when we discovered that many marketers seem to get this intuitively—67% of marketers said they are taking on the responsibility of identifying the appropriate subject matter experts and assigning them to engage with their target audience and influencers in the online conversations that are happening out there.

But if marketing is truly going to be the catalyst for social media in the organization, many things are going to need to change. To be a leader, you have to have your own house in order. That means that marketers need to integrate social media with the larger marketing and business strategies. That’s why at ITSMA we’re calling 2010 The Year of Marketing Transformation (sound the bugles!—a little portentous, I know, but we really believe it and the data really shows it). And social media is the main driver behind the need for this transformation. We don’t think marketing can afford to continue doing more with less. With marketing budgets as percent of revenue being an all-time low — less than 1% — social media can’t just be another add-on to everything else that marketing is already doing.

Remember that marketing can’t do this alone. Social media gives us the opportunity to bring the rest of the organization into our efforts. But to do this effectively, we have to define new processes, roles and competencies for marketing and we have to play a large role in leading social media for others inside the organization.

So in our research and our discussions with members and influencers on social media, we’ve identified six major areas that marketers need to focus on to lead the rest of the organization effectively.

  • Research. We have to figure who we want our SMEs to talk to so they don’t waste their efforts.
  • Ideas and content. We need to create an idea engine within the organization to help SMEs come up with things to Twitter and blog about.
  • New roles. We’re seeing a role that is sort of a director of ideas and content emerge. Someone who helps identify smart ideas and people within the organization and makes decisions about how to develop them. We’re also seeing directors of community—Jeremiah Owyang tracks these people on his blog.
  • Governance. Social media policies are the foundation of social media governance. And even small companies can benefit from having a social media council. Listen to IBM’s Sandy Carter talk about how she set up a social media council in her group at IBM.
  • Training. We shouldn’t just turn employees loose without helping them learn about the tools. But we also need to teach them about the strategies for using those tools. Telstra has a cool example of social media training that anyone can watch.

What do you think? What have I left out here? Anything to add?

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Filed Under: Idea Marketing, Marketing Strategy, Social Media Tagged With: , , , , , , , , , , , , ,

Why Tut would have been buried with his iPhone

May 7, 2010 by

Sure, sure, I know it’s Apple and Apple is to the ’10s what Sony was to the ’80s. But there must be more to the fact that the iPhone/iTouch are the fastest growing technology launch in history (and the iPad so far is on pace to outdo them both).

Now of course you know that the iPhone and iPad are popular because of the way they look. The smooth contours and the shimmering black glass bezels make the devices look more like something out of a Swarovski store than a Best Buy. They bring out our primitive attractions to the bright and shiny. (For sure Tut would have shoved some of the gold trinkets aside to be buried with his iPhone and iPad.)

The default Home screen of the iPhone shows mo...
Image via Wikipedia

But there’s something else here that brings out another primal drive in us. When you look at the screen of the iPhone or iPad you see beautiful little jewel-like icons beaming at you from beneath the glass. What I realized is that the iPhone and iPad aren’t just jewels, they are jewel cases. They contain our collection of applications. And these collections bring out our hunter gatherer instincts like any other collectable—from beanie babies to giant balls of string.

The reason is the iTunes/AppStore model. It lets us do everything that feels good about collecting:

  • Collecting is social. All collecting is driven in part by the desire to connect with others and show off and share what we have with them and talk about it all. Though iTunes could be a lot more social than it is, most applications have dozens or hundreds of reviews. The next step is to create communities around the applications so they can all geek out on it together.
  • Collecting is fun. Is there anything fun about collecting applications for your PC? Though the threat is much less than it was, installing new applications on PCs has always meant the possibility of taking down other applications or the computer itself. And the experience of finding and adding applications is almost always different from application to application. You can’t have fun when you’re anxious. Though the iTunes application store is tightly controlled—probably more tightly than it should be—it is easy and predictable.
  • Collecting is valuable. One of the most depressing aspects of PC applications is that they are basically time bombs that self-destruct with each passing generation of operating system or processor. Now, there’s no guarantee that our iPhone/iPad application collections will survive each new generation of device, but if they don’t, they’re cheap to replace. And in the meantime, they update themselves automatically. All we need to know when we’re collecting is that we’re not being idiots for investing our time in it (it’s okay to look like an idiot for what we collect—in fact, that’s part of the fun).

How to use iPhone apps for marketing
I’m not saying that the iPhone/iPad is going to take over the world, only that the model Apple has developed—and which every other phone manufacturers now trying to copy—is going to endure and will cross over into the business realm.

But as marketers, if we’re going to break into someone’s collection, the bar is set really high. Applications that convert your voice to text or instruct you on which turn to take are hard to top.

We must have the center of gravity for our mobile apps elsewhere. We need to create vibrant communities that customers will value so much that they will want a mobile application so they can keep up with the action anytime from anywhere. That’s how we get into their collections.

What do you think?

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Filed Under: Mobile Marketing Tagged With: , , , , , , , , , ,

Where is your mobile marketing center of gravity?

April 30, 2010 by

For marketers considering creating mobile device apps, the bar has been set very high. I mean, c’mon, a free app that gives you voice directions to your destination? An app (also free) that lets you convert your spoken words into written emails?

These are hard acts to follow. (I’m sure you have others; tell me about them in the comments—I’m an iPhone geek in my spare time.)

iPhone Geocaching Toolkit
Image by TahoeSunsets via Flickr

So how are we as marketers supposed to compete with apps like these? I’m going to be moderating a panel on this question (among others) at next week’s MarketingProfs’ B2B Forum in Boston.

From phones to computers
Mobile is going to become an important part of our marketing, whether we like it or not. The number of smartphones continues to explode. More important, the way that people use these phones is changing. According to a recent survey by ABI Research, 28% of respondents said that they access web sites from their phones at least once per day—up 75% in a year. And while 3G makes the download speeds bearable, the price of the handsets continues to drop—making them really cheap and increasingly functional computers.

Our customers and prospects—especially the younger ones—will be looking at smartphones as one of their primary computing platforms—if not the primary platform. I always take analysts’ forecasts with a grain of salt, but ABI’s prediction that mobile marketing (ads on mobile phones) will be a $4 billion business by 2014 makes you stop and think.

How do we compete?
I’m sure that there will be opportunities and reasons for B2B to advertise on these things eventually, but that’s the easy part. The hard part is finding a way to get and keep people’s attention by carving out a spot on the phones next to the magic voice and directional applications.

Seems impossible, doesn’t it? On the surface, yes. But the reason that these applications are so impressive is not because they were developed as standalone mobile applications but because they take advantage of a deep reservoir of thinking and intellectual property developed over many years—elsewhere. Dragon has been perfecting its voice-to-text abilities for decades through its PC software and MapQuest (I still prefer it to the Google Maps gorilla) has been honing its route guidance for many years.

Good mobile apps start somewhere else
Their mobile apps are like tender shoots that emerge from the trunk of the tree; with that supply of DNA, food, and protection, they have a much better chance of survival than a seed dropped on the ground.

I think that’s how we have to view mobile apps for B2B marketing. While it may be possible to build an outstanding standalone app that wows your audience, I think the chances are pretty similar to an individual seed’s chances of surviving to become a mature oak—really slim.

And Mother Nature doesn’t seem to mind having lots of oak trees that all look pretty much the same. Your audience will mind. And frankly, they are really, really jaded.

We have to think about how mobile can be like the tender shoot that sprouts from the well-established tree if we’re going to be able to compete effectively.

But first, we need to establish the reason for going mobile. We can’t simply create an application that links to static website content, for example. Mobile doesn’t magically make static content exciting.

There has to be a purpose behind adding mobile. At ITSMA, we’re seeing four main reasons for doing it:

  • Help. The classic B2B mobile applications have been internally focused, giving maintenance people access to service information while they are out in the field. Is there a reason for you to offer whatever help you give to customers through mobile? Could your salespeople benefit from mobile access to a sales enablement application giving them advice in the field for helping customers?
  • Location. The addition of GPS chips to smartphones makes it possible to use people’s location as a driving force behind the mobile application. Right now Foursquare is the Twitter of location. People like it, but they’re not quite sure what to do with it or how it can be used for marketing (and making money). One possibility is to use location at your events so that attendees can find each other or share schedules and information. But Twitter and Foursquare already do that, so again, you need something more behind the app than just the location feature.
  • Continuity. Do you have situations where customers and prospects feel they might miss something by being disconnected from you even for a short while? An example of this is user groups. I could see techies catching up on technical issues while they have some down time at an airport, for example.
  • Timeliness. Of course, the Blackberry is the quintessential timeliness mobile app. Is there any aspect of what you do that customers would want to be alerted about the moment it happens?

B2B mobile marketing case studies
At the MarketingProfs event next week, I’ll have two panelists who have sprouted shoots from the tree. (Both are winners of the 2009 ITSMA Marketing Excellence Awards—the 2010 Awards deadline is June and anyone can enter).

Xerox Global Services (XGS) built a mobile application as part of its internal sales tool called Competipedia. It’s a wiki-based tool where salespeople can go to find and share competitive intelligence. The mobile app that hooks into Competipedia is justified because XGS’ salespeople often need information while on the road (help) and can use competitive information as soon as it is available (timeliness).

Consulting firm CSC meanwhile, built a tree trunk called WikonnecT that is a B2B online community for the insurance industry. CSC added a mobile shoot to WikonnecT because its community is essentially a user group on steroids. CSC has been building the complex software that runs the processes of big insurance companies for decades—a kind of ERP for insurance. By making its software development processes transparent within WikonnecT—e.g., people can argue about and lobby for new features at any time and CSC responds within the community—there is a vitality to the conversation that satisfies the timeliness and continuity requirements for mobile.

As you can see, both Competipedia and WikonnecT’s success in mobile depends on having the center of gravity for the applications be outside the mobile apps themselves.

What do you think? Is this the way B2B marketers should approach building all mobile apps?

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Filed Under: Mobile Marketing Tagged With: , , , , , , , , , ,

It’s official: Marketing owns social media management. Now what?

April 16, 2010 by

We just completed our ITSMA survey on social media. I’ll be reporting some of the major findings here and at ITSMA.com over the coming weeks.

But one finding sticks out. Marketing owns social media management. That’s right. It’s our job.

In our survey, we asked, “In your company, is marketing the catalyst for social media being used by others in the company (product development, HR, etc.)?” 68% of our respondents said yes.

That means that if we are to keep up with our competitors, we’re going to have to take the lead on developing a strategy not only for marketing with social media, but for getting the rest of the organization involved as well.

Will social become a silo within marketing?
This has big implications for how we organize marketing. The biggest implication is that we cannot afford for social media to become a silo or an add-on to our existing marketing organizations. Marketing as a percentage of revenue for technology services companies is at an all-time low—less than 1%. The Great Recession certainly has played a role in that, but the percentage has been dropping more or less steadily since before the dotcom crash, when it averaged about 3%.

Back then, we could still run lush print ads, design fancy brochures and whitepapers, create monster trade show booths, and wine and dine CIOs at the Super Bowl. And to business people, that all represented value. Salespeople and businesspeople could see the talent and creativity in the ads and brochures, relationships being made at the events, and the business cards in the fishbowl.

Today, we do a lot less of that stuff. That’s not to say that these more traditional tactics don’t work anymore and should be abandoned. But we have to find ways to stretch the dollars we do invest in those tactics farther. And we have to use other tactics that, in and of themselves, build trust and relationships with buyers.

That’s where social media comes in. So much of what I see out there today treats social media as a standalone. But the real successes I’m hearing about in B2B use social media to support and extend more traditional tactics. Such as using online communities and social media to build up interest and discussion about our traditional live events both up to, during, and after those events.

Reorganize in an integrated way
So the question for marketing becomes, how do we integrate social media? That was the number one goal of respondents in our survey for the coming year.

Social media consultant Jeremiah Owyang has a good post about different ways that he sees companies organizing for social media that you should check out. It will jog your thinking. But the question I have after reading his post is how does this fit with our existing models of marketing?

As I told Jeremiah in a comment on his post, I don’t doubt the rigor of his (as always) insightful thinking. But I wonder, are companies really reorganizing around social—and should they?

From our research we see that marketing tends to own social media for the rest of the organization. So we’re really looking at how much the marketing function is going to change as a result of social. Today, we see most marketing organizations divided up between corporate and field marketing (central and local) and basically divided up between marcom and everything else. So the real question is how does social impact the ways that we organize marketing today and how does it integrate with the things we already do?

I don’t think we can afford to create a social media silo inside the larger marketing organization. Do you? How are you fitting social into your organizational models?

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Filed Under: ITSMA Research, Marketing Strategy, Social Media Tagged With: , , , , , , , , , , ,

How to establish a voice of authority in a blog

April 9, 2010 by

A few weeks ago, I wrote a post about how to get others to blog. But it’s not enough just to support bloggers. For them to be successful, we need to help them establish their voices in a blog.

The way that we establish trust and relationships with buyers is through authority. We want readers of our SMEs’ blogs to see them as experts. But you can’t establish that authority by putting a link to their LinkedIn profile on the blog. You have to establish authority through the writing voice that your SMEs use in their blogs.

It would be wonderful if your bloggers were the only experts writing about their fields. If that’s the case, great. Stop reading. But most likely, there are already other experts out there who are more expert and write better than your SMEs. In this case, just showing how smart they are won’t cut it. SMEs need an angle. Here are a few to consider:

  • Lead a niche. Pick a subject that few others have staked out. SMEs with deep expertise in a particular niche can build a strong and loyal following—if not necessarily huge blog traffic.
  • Show your age. A former colleague that I really admire managed to mention his 30 year experience in marketing into the first minute of conversation with anyone new. The voice of experience is powerful.
  • Be timely. Being the first with the latest news builds authority.
  • Have the data. This is how analysts (like me) establish their authority. They can make assertions based on what everyone is doing—not just what they themselves think.
  • Aggregator. If your SME is a person who loves to collect information, then becoming an aggregator is a route to trust. People know that they can count on this person to provide or link to the most insightful information in the topic area—no matter where it first appeared.
  • Futurist. Some SMEs are always looking to see what happens next. If they are focused on developing new offerings, for example, this is a natural voice for them.
  • Iconoclast. SMEs can construct a great voice around questioning existing practices and trends. But be careful; these SMEs need to have thick skins and handle negative comments constructively.

What suggestions do you have for establishing a voice of authority in a blog? Let’s get a conversation going.

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Filed Under: Blogging, Idea Marketing Tagged With: , , , , , , , ,

How to build emotional engagement in B2B marketing

April 2, 2010 by

I got a really interesting question last week through my Skribit box: How do you use emotional engagement when talking about dry technology?

This may be the ultimate question in B2B, especially as we struggle to integrate social media into the overall marketing mix.

Let’s face it, even if it was possible to curl up in front of the fire with a glass of wine and our B2B products and services, no one would do it. Most of the things we sell are about as emotive as army ants.

That’s why I’m going to answer the question (and invite accusations of copping out) by saying that we shouldn’t try to use our dry technologies as the basis for emotional engagement.

We have to stop torturing ourselves trying to write interesting things about our dry technology. That’s what has led to the horrific vocabulary of mindless marketing speak that makes us utter things like “demonstrable value” with straight faces while deluding ourselves that it leaves an impression on customers. (Hey, it was the best thing we came up with at the meeting, so why wouldn’t customers like it, too!?)

Where are thepeople and the stories?
Journalism has long understood that people respond to other people and to stories. Those two things are built into the process. You get fired if you don’t interview people and feature them in your story. And you never get any interesting assignments if you aren’t able to communicate information through a narrative structure—a story with a number of star characters and a beginning, middle, and end.

It’s the same in B2B. It’s why our latest ITSMA marketing budget survey shows (free summary available)that thought leadership has risen to a higher priority level than in any recent year. Ideas can create an emotional connection. Okay, so it’s not big emotion, but it hits some buttons:

  • Gratitude. This company understands my pain
  • Loyalty. I may need to keep an eye on these guys in case they say something else that moves me.
  • Respect. These guys are smart.
Press photo of Sockington.
Image via Wikipedia

But for all of these things to hit, customers need to be able to connect them to people. Social media offers some new ways for us to build emotional connections with customers by connecting them with other people and their stories. (Ever wonder why Sockington is so popular? Even making a cat more like a person works.) Blogs let us feature our subject matter experts (SMEs) not just as brainiacs but as people that customers can eventually feel comfortable reaching out to directly. Twitter, LinkedIn, etc. all do that, too.

But let’s not get too hung up on social media. This has to permeate all that we do. It’s why those expensive private events work so well.

What do you think? How do you use emotional engagement when talking about dry technology?

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

How to get others to blog

March 26, 2010 by

One of the biggest challenges for B2B social media marketers isn’t creating content, it’s helping others create content.

Marketing is the default head of social media management in most companies. And while marketers can create some social media content, they can (and should) rely on their subject matter experts (SMEs) to create most of the stuff that’s going to build trust and relationships with customers.

At our two ITSMA briefings this week in Boston and Washington on social media, (we have two more coming up in New York and Santa Clara, CA that you can attend), marketers offered up a common complaint: They have a hard time getting their SMEs to start contributing (and keep contributing) content.

It’s no surprise. Creating content such as blogs is hard. That’s why marketers have to step in and help out. Here are some ways to do it:

Send them what interests you. If you’re in tune with your SMEs, then what interests you should interest them (at least from a business perspective—no need to go nuts and take up golf). Set up an RSS feed of key news sources and bloggers and forward the good stuff to your SMEs.

Get ideas from customers. When blogger’s block sets in at IBM, bloggers can get inspiration through software that lets customers suggest the topics they’d like to see covered. (Okay, so you need to work for IBM to access it, but Skribit is available to the rest of us.)

Filter research. Customer research can provide tons of fodder for content, but you can’t just dump it on SMEs unfiltered. Pick some key themes and ask them to comment on them.

Incite them. If you see a controversial assertion or question somewhere, forward it to your SMEs and ask them to craft a thoughtful (not attacking) response and link to the original through their content.

Interview them. If your star SMEs are struggling to come up with ideas for starting a blog or for keeping one going, start thinking of yourself as a reporter. These people are your beat. You don’t have to write their posts for them, but you must interview them regularly to find out what they are hearing from customers and what trends they are seeing in the market. Just as reporters take the heat for missing a story or failing to file regularly, you have to take on the responsibility for making sure these people keep posting regularly by checking in with them regularly and getting them talking. Record the interviews and get them transcribed. Then take a look at the transcript and highlight the sections that you think would be interesting for them to write about.

Have regular pitch meetings. Very few writers are able to get their best thoughts out on paper without some help. That’s why magazines and newspapers have pitch meetings, where writers blurt out their rough ideas and get feedback from others on how to turn those ideas into cogent stories. This all happens before the writing begins. When you check in with your bloggers, ask them to talk through their ideas before they start writing. It will improve the quality of their posts and it will also help you keep them focused on the issues that matter most to your business.

Create an editorial calendar. Companies have strategies and goals. Marketers should use them to help inspire their content creators. Pick topics that matter to your customers and your business and ask your SMEs to create content for those topics. Create an editorial calendar with a new topic at least each quarter (e.g., sustainability or cloud computing). Then make a plan for hitting those topics in as many different types of content as possible (blog posts, conference presentations, videos, etc.) so that buyers can consume the information in any form they choose. And target that content to all of the stages of the buying process so that anyone encountering your content will find something that speaks to them personally.

Hire a content director. Have you noticed what’s been happening to the media lately? There are many unemployed journalists and editors out there. Hire one to help your SMEs develop and disseminate their ideas. Journalists are trained to separate the compelling ideas from the chaff and develop them with supporting evidence and case examples.

Buddy them up. If your SMEs refuse to go solo because they think it will be too much work, find them a partner or partners to share the load.

Write for them. If all else fails, you can interview them and use the transcript to write something yourself. Just don’t relieve the SMEs of the responsibility for feeding you the ideas and thinking.

What have I left out? How do you encourage your content creators?

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Filed Under: Blogging, Social Media Tagged With: , , , , , , , , , , , ,

How to use social media for B2B

March 19, 2010 by
Making Friends - Marketing Cartoon
Image by HubSpot via Flickr

I want to do something ambitious and I’m hoping you’ll help. I’d like to create a guide for how to use social media in B2B that does not involve talking about the specific tools—as least not in the top line.

I think it’s important to try to do this if we’re going to get social media integrated with the rest of marketing. It’s also important if we’re going to stop talking so much about the tools and start talking more about what to do with them.

I started trying to do this a year or so ago by talking about the four components of social media management. I wanted to focus the discussion on things that we differently in social media. Here they are:

  • Monitor. Find and track the relevant conversations in social media and online.
  • Engage. Take an active role in social media by engaging with customers and influencers in the various forums where conversations are taking place.
  • Manage. Take an active role in facilitating and managing conversations, such as creating a blog or community.

The next step is to categorize how we use social media in these different areas and how our actions hook back into the rest of marketing.

Monitor

First, here’s what we do as part of monitoring:

  • Track conversations about your company. You need to know what’s being said about your company online. Pretty obvious, right? Trouble is, we’re finding in our research that most companies stop here. There’s much more that we should and could be doing with monitoring.
  • Develop a target audience. Monitoring can be used to discover customers and prospects that are most relevant for your offerings by observing the patterns and topics of their conversations. All of the major social media tools have search capabilities, and there are specialized monitoring tools that have more powerful searching abilities. Offline research and segmentation are important pieces of this effort.
  • Discover influencers. By monitoring conversations online, we can find the people inside and outside our companies that say smart things. Monitoring tools help determine how much impact these smart things are having on our target audiences. For example, the number of RSS subscribers bloggers have, the number of comments to the blog post, the number of page views, etc.
  • Gather research. Social media are repositories for discussions and content on every possible topic. Search tools can help you mine that data.
  • See the distribution of conversation. Some monitoring tools let you segment the different types of social media to determine where conversations are happening—such as blogs vs. Facebook.
  • Trend the conversation. Some of the tools let you analyze the direction and popularity of conversations over time. This is helpful during important periods like new offering launches or in the aftermath of a crisis.
  • Determine share of attention. You can track the amount of conversation about you versus your competitors.
  • Identify influential sources. The tools can determine the popularity of conversations and the sources of those conversations. This helps you decide which blogs you’d like to do outreach with, for example.
  • Locate the conversations. Some of the tools let you see the geographic locations of people involved in the conversation.
  • Track propagation. Track a comment from a blog post all the way through to mainstream media.

Engage

Here are the things that we do to get our companies involved in the social media conversation:

  • Identify subject matter experts (SMEs). It’s up to marketing to find SMEs who can engage in the conversations that are most important to your target audience.
  • Assign SMEs to engage with key influencers and/or topic areas. Think of this like the old beat system in newspapers. You want to have someone knowledgeable get involved in the most important and relevant conversations. Marketers and PR people can help by monitoring conversations and alerting SMEs to the topics and conversations they should get involved in.
  • Create social media policies for engagement—and support them. One of the things that’s new about the social media conversation is that engagement can’t be vetted by PR. We have to trust employees and SMEs to engage on their own, otherwise our conversations become stilted, one-way messages. Social media policies help the organization understand how to engage without getting in trouble. Some organizations have created support channels for employees to ask questions about the guidelines. Others have set up training programs for employees who will engage in social media.
  • Gather information by asking questions. Asking for information helps deepen social media relationships. Taking a poll in a LinkedIn or Facebook group, asking for input from Twitter followers, or asking for information through comments on blogs are some of the ways to gather information. If you can link to a survey and promise respondents some level of access to your findings, you can create a powerful source of information.
  • Build influence by answering questions. Social media is all about sharing—whether that be pointing to good content (yours and others’), or sharing expertise and experience. By pushing SMEs to engage with the target audience in these ways, you help them build up trust and loyalty among customers and prospects.
  • Create continuity. As we start showing up regularly in social media, we build up a sense of regular connection with our target audiences. That, in and of itself, helps build trust and stronger relationships with audiences. This sense of continuity helps fill in the gaps in communication that we have with the traditional campaign style of marketing. For example, when SMEs speak at conferences, they can engage conference attendees before, during, and after the event to follow threads of conversation through to their conclusion.
  • Promote other types of marketing. By engaging, we can share links to the various other forms of marketing content that we produce, such as white papers, events, Webinars, etc.
  • Seed discussions. Using social media, we can drive interest in other forms of marketing by posting provocative questions or information. For example, posting a link to a survey that you reference in a white paper or will discuss in an upcoming event helps drive interest—and may even provide valuable research.
  • Get people together. B2B buyers value peer connections above all else. By having your influential SMEs help introduce them to one another, you can help build a stronger relationship.
  • Locate others. Using mobile applications to engage with others is going to become important in B2B in the coming years. Knowing where others are at any given moment will give marketers opportunities to link peers at conferences or to have real-time conversations, for example.
  • Build loyalty be being timely. SMEs that can be counted on to contribute to conversations quickly will become very popular among their social media followers.

Manage

In our ITSMA research, we’re starting to see marketers manage conversations through social media, whether it is groups on LinkedIn and Facebook, blogs, or private communities. Managing the conversation takes more time and resources, but it can pay off in a number of ways:

  • Develop and test points of view. Managing the conversation through vehicles like blogs and communities gives you a ready test bed for getting help and feedback on ideas that you are trying to develop into thought leadership.
  • Extend conversations. Managing the conversation gives you a way to keep your target audience’s interest by bringing in conversations from other marketing channels and giving them a permanent home.
  • Closely observe behavior. By capturing a target audience within your own community, you can get much richer data on their actions, needs, and interests.
  • Reuse and re-purpose. Managing the conversation gives us ways to stretch our content further. Blog posts can riff on other marketing channels or revisit pieces of them. The episodic nature of blogs and communities lets us sprinkle content through them like bread crumbs in the forest.

Does this all make sense to you? What would you add? Please help with your comments.

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Social media raises the bar for customer intimacy

March 12, 2010 by

Social media is raising the bar on customer intimacy.

Though it has become a generic term, customer intimacy was first coined by Michael Treacy and Fred Wiersema who worked at CSC/Index back in the 90s when I was a thought leadership marketer there. Rooted in Michael Porter’s timeless work in business strategy, Treacy and Wiersema took it a step further with their three “value disciplines.”

The theory is that every company competes in three disciplines:

  • Customer intimacy. These are companies that go out of their way to build close customer relationships. They are focused on lifetime customer value and are willing to incur short-term costs in order to build long-term loyalty and satisfaction—Nordstrom and Amex are a couple of B2C examples.
  • Operational excellence. Customers rely on these companies to deliver reliability and quality at a low price. FedEx is an example, having invented the guaranteed overnight shipping model.
  • Product leadership. These are companies that rely heavily on innovative, exciting, status-conferring new products to hold customer interest. Apple is the most obvious example here (Sony used to be).

Treacy and Wiersema argued that all great companies strive to be leaders in one of these disciplines while maintaining a reasonable level of parity with competitors on the other two. Though the theory was criticized at the time as being overly simplistic, it has held up remarkably well and continues to strike me with its simple (not simplistic) clarity.

Where’s the customer intimacy revolution?
You could argue that two of the three disciplines have already had their revolutions. The quality movement let most companies achieve a high level of reliability and consistency (for example, most car companies score very closely in quality rankings these days), and the venture capital movement (along with 3-D design software) has created a ready avenue for unknown product innovators to gain the spotlight.

Customer intimacy has remained the poor stepchild. There has been no revolution—no breakthrough in process or practice to raise all boats. Hard to manage and to scale, highly reliant on the vagaries of human nature, most companies continue to have poor relationships—or worse, no relationships—with their customers.

Social media is making that fact plain.

But you know, I’m tired of hearing people say we need to get closer to customers. Where’s the 21st-century revolution—the customer intimacy version of the quality movement—to show us how? We’re all struggling to move from the traditional arm’s-length, temporary campaigns to the always-on, direct relationships inherent in social media management.

The good news is that we may look back on social media as the movement that made high levels of customer intimacy as achievable as product quality seems today.

Intimacy through content
I think so because social media is starting to give us a way to scale intimacy. We can do it with content.

Social media reduces the incremental cost of content. We know that in B2B, customers and prospects respond best to ideas, news, research, and how-to—not sales pitches.

Social media is a channel for raising the level of intimacy that we have with customers and prospects with that content. Think of social media management as filling in the gaps. Chunks and snippets of white papers sprinkled through social media like breadcrumbs in the forest let us deliver value and build trust by providing content at a higher level of frequency. Social media that connects one live event with the next one lets us continue to build the relationship. Most of this is content we were going to produce anyway. Social media lets us spread out the cost while also increasing the frequency of touches.

Unspoken intimacy
We tend to think of intimacy as being personal—something for the salespeople. But we can do it by reliably delivering valuable content. Magazines have been doing it for years. Consistency, relevance, and quality create a very intimate relationship with readers. I will never forget the live encounters I have had with readers while attending trade shows when I was at CIO or my bike magazine—people I had never seen or spoken to before—who approached me to tell me how much they loved or hated my magazine without even introducing themselves. In their minds, they had already developed a deeply intimate relationship with the content that they associated me with, and they felt passionately enough to speak it to a complete stranger because I was associated with that content.

It was very easy to strike up a conversation with those people because we already had a lot in common. And I knew that I would probably never see or hear from many of them again because I didn’t have a channel for communicating with them directly once we parted ways—except through the articles I wrote and edited. Few people bothered to write letters to the editor, just as few people contribute to communities or post comments on blogs today. But that doesn’t mean that the intimacy isn’t there. Our intimacy exists mostly through the content—we just have to find ways to surface it.

Social media increases the frequency of those kinds of contacts. I can’t help but think that as the different social media channels continue to evolve, customer intimacy is going to take a leap forward.

What do you think? How should social media evolve to let us create customer intimacy more easily and economically?

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