Thursday, May 14, 2009

Untangling Your Brand: 4 Marketing Lessons From Lost

IMB_LostPoster Last night was the season finale of the TV show Lost - and just in case you haven't watched it and have it sitting on DVR waiting for you, don't worry ... there are no spoilers in this post. Actually, though I'm an enthusiast of the show, the reason for this post isn't to gush about how great I think it is. It is about what you learn from how the show has been promoted. Like many recent dramas, it is not an easy show to follow. It isn't about nothing, and you can't just miss a few episodes and still get into it. Yet as I wrote about in PNI (search for "Lost" with the Search Inside feature on Amazon - it is Page 108) - the show's unique format of taking you into the backstory of each characters builds an emotional investment from the viewer in a way that many other shows never manage to do. You believe in the characters because you know about the situations that make them the way that they are.

There is a marketing lesson in that, as there is in several other choices the show's producers and marketing teams have made. Here are a few things that the show does and the marketing lesson that you can learn from them:

  1. Share the backstory. As I mentioned above, giving viewers a look at where the characters come from gives each of them a sense purpose and allows you to feel more empathy towards them. As any good screenwriter knows, the point isn't for you to love every character - it's for you to feel something towards them. Once you do that, you're engaged in the show. Marketing Lesson: Make sure you share the story behind your brand so you can give people a reason to believe in it.
  2. Untangle the complexity. One of the smartest things the show does is they feature a simplified 3-5 minute version of every episode untangled (see video below in this post). These descriptions are from the outside looking into the show, referring to a character who wears too much eye makeup as "eyeliner" and poking fun generally at the actors in the show and the way they portray their roles. Alongside this irreverance, Lost Untangled explains the plotline of every episode in a way that allows you to understand it despite the complexity of time shifting, multiple characters and hidden clues. Marketing Lesson: If you have something complicated to sell, get creative about how you can simplify it.
  3. React to your critics. Early in the show, the creators were criticized because they got people emotionally invested in the core characters of the show, and then introduced new characters and shifted the focus. Many viewers were confused because the characters they knew had essentially vanished. Though this was presumably part of the broader story arc, the producers recognized that viewers needed some connection to the characters they already loved, and found a way to bring that back - while still progressing their story and introducing the new characters they had planned to. Marketing Lesson: Don't ignore your critics, but don't change your strategy because of them either.
  4. Have a finite ending. As the trailers after last night's finale noted, next year will be the final season of Lost. For a top rated show, it cannot have been an easy decision to let the show end at what seems to be the height of its popularity - yet having a finite end is important for both audiences and for the writers of the show. Everyone knows that the show is leading toward something. There is a sense of anticipation and excitement, as well as urgency to watch. It's not a soap opera where people go into comas, die, wake up and go on again. Marketing Lesson: Having an ending is important - even if it's just a campaign that ends so you can start a new one.

Wednesday, April 15, 2009

The Personality Project: Women of Personality

There are generally three kinds of ideas. The most popular two are the ones that you act on right away and those that you never do anything about. Those are the majority. Most of us love the third kind. Those are the ideas that are too big or complex or important to do quickly, but that you simply cannot let die because of how you feel about them. Today I finally launched that kind of idea. Since Personality Not Included came out about a year ago - I have been getting emails from people sharing their experience with the book and how they felt about it's main premise that businesses (like people) need to have a strong and authentic personality.

Soon after the book launched, I noticed that many of these emails were coming from women working in professional roles and those that had started their own businesses. These female entrepreneurs were responding to the message of personality in a way that I didn't expect. So since that moment I started thinking about bringing those voices together. Of course, part of the reason would be to promote my book ... but like most authors the important thing for me was for my idea to find a home and actually help people change their careers or make their business more successful.

So today, you can download a free ebook called "The Personality Project: Women of Personality." It is an extension of a site that I launched some time ago with a similar mission - to get visionary people in many industries to talk about why personality matters. This ebook features 20 business women that I respect and admire who each agreed to share their story as part of the ebook. These include founders and CEOs, best selling authors, popular bloggers and online personalities and even the first woman to ever row solo across the Atlantic Ocean (and she's now making her way across the Pacific).

See the ebook embedded below and click on it to download a free PDF copy:


Once you get a chance to read it, please visit each of the contributors sites and blogs, buy their books and support their efforts. The best thing you can do is to validate their ideas and use their examples to improve your own business and your career. And then let them know they made a difference.

PS - If you mention this ebook on your blog or twitter or facebook or anywhere else online, use the tag #wop (on Twitter) or "WOP" (anywhere else) as this is the one that all the contributors will be watching and responding to.

Wednesday, April 08, 2009

6 Ways Ford Is Finding Its Own Voice

DSC_1048 Yesterday evening I co-hosted a tweetup in New York City where Ford was unveiling the new Ford Fiesta and a brilliantly conceived social media program to get 100 influencers to take the car on an extended test drive for 6 months as part of the Ford Fiesta Movement. The event was a gathering designed to help put a more human face on Ford and talk about a new Ford car that many of the 20 and 30 somethings who showed up (and are the target market for the Fiesta) may not have known about.

DSC_1024 The effort is just one example of a greater shift that has been taking place at Ford over the past year as the company has worked to not only reshape its image in the eyes of the American public, but also to change the way that they tell the story of Ford. It is a rich story to tell, one that is linked to the history of America in a way that few companies can authentically claim. And despite being in the maligned automotive industry that seems a permanent fixture in the negative news cycle, things are changing at Ford. How are they managing to do it? Here are six elements to consider:

  1. Having a strong story to tell. In the midst of all the scrutiny, Ford is (and has been) shifting their image from stodgy truck maker to a more forward thinking company making cars that the American public actually want to drive. The relaunched Taurus was a hit, winning top safety ratings - the Flex has had rave reviews, and other cars like the Fusion and Focus are winning many fans.
  2. Tapping the passion of employees. Ford has always described itself as a family, and employees often demonstrate a stunning loyalty to the company ... even describing themselves in terms of the cars they have always driven. The old mode of communications would be to keep all these voices silent, and instead only authorize a small group of people to speak on behalf of Ford. Today many of these voices are being encouraged to speak and share their thoughts and experiences online.
  3. Making a commitment to social media. Social media has played a big part in this evolution to using the voices of "accidental spokespeople." Scott Monty was hired nearly a year ago as the Head of Social Media for Ford and has actively been offering a voice to the brand and adding social media as a core element of all their communications.
  4. Getting out of Detroit. One of the most powerful effects of this shift has been a willingness for even the most senior members of the management team at Ford to get out of Detroit and meet customers. Ford's President of the Americas, Mark Fields and Ray Day (the VP of Communications) even came to the Tweetup last night. Alan Mullaly, CEO of Ford showed up to a blogger event during the Consumer Electronics Show (in a sweatshirt instead of a suit and tie!) and stayed graciously for nearly an hour answering questions and doing podcast interviews.
  5. Capitalizing on being Ford. There are not many companies that are as visibly at the epicenter of the American economy as Ford is. Like it or not, the success or failure of Ford is seen by many as a symbol of the success or failure of America. From a communications point of view, this is a major positive ... for the simple reason that the fate of Ford matters to people in a way that AIG or Enron just don't (unless you're a shareholder, of course)
  6. Overcoming the American ego. One of the most interesting things for me has been Ford's recent willingness to take cars that have been huge commercial successes overseas and introduce them to the United States market (like the Fiesta and the Transit Connect). For many years, most of Detroit would never have considered taking these foreign cars and allowing them to be revised and sold in America. Finally ego and turf wars are taking a back seat to solid business decisions and introducing cars best suited to succeed.

Any other lessons you think Ford has learned which are contributing to their growing reputation?  Or if you think one (or all) of my points are completely off base, leave a comment and share that point of view too.

Disclaimer:
I currently work for Ogilvy and Ford is a client of our team. The Ford Fiesta Tweetup was an official party organized as part of our efforts with Ford and I was on the team that helped organize these events. I have NOT been paid or compensated by Ford to write this blog post, though - and the opinions I share in this post are my personal views only and don't represent what Ogilvy, WPP or Team Detroit thinks about Ford.

Wednesday, February 11, 2009

How To Create A Content Marketing Strategy

If you haven't heard the term "content marketing" - you soon will. The idea of content marketing is becoming more popular among marketing teams as a result of the growing influence of social media, but it has been around much longer than that. White papers, contributed articles, even infomercials are all forms of content marketing. Essentially, when you create content around a particular subject and then use it to deliver a message that may drive someone toward purchasing or recommending your product or service, you're doing it. The question is, are you doing it in a strategic way?

Today at 3pm there is a free teleseminar I'll be participating in along with Brian Clark from CopyBlogger and Joe Pulizzi and Newt Barrett (founders of Junta42 and authors of Get Content. Get Customers.) all about using content to impact your bottom line. To give you a taste of what we'll talk about, here is my quick checklist of the questions you should ask yourself as you start to build your own content marketing strategy:

  1. What is the problem you will try to solve? Great content marketing focuses on answering a key challenge or question that relates to your business.
  2. How can you make it about more than you? This is not a sales pitch. It needs to be useful and offer more context beyond just how great your product/service is.
  3. Who's going to care to read and share it? It needs to be interesting, but the sharing is particularly important, as great content marketing should be something people can't help sharing.
  4. What's the best platform and format to use? Think about video versus blogging versus downloadable PDFs and what will be easiest for your audience.
  5. How will you promote it? Plan to spend quite a bit of time thinking about how people will find your content, as it is completely useless if no one can locate it.
  6. How will you know if it's working? Your metric for success may be directly tied to sales, or awareness, or consideration. Whatever it is, know before you start how you'll tell if it was successful.

Want to know more? Tune into the teleseminar today at 3pm EST here: http://www.authorteleseminars.com/getcontent2.html

And just in case you can't make it, there will be a full archive available from our host Elizabeth Marshall at http://www.authorteleseminars.com.

Monday, January 05, 2009

3 Ways To Use "Resolution Marketing" In The New Year

It's the first monday of the new year and even if you aren't usually a person to make new year's resolutions, chances are you are still thinking about doing things slightly differently in 2009 than you did in 2008. It's a new start and that's the beauty of the first few weeks in January. They are a time when you can swear off the mistakes of last year and choose to do things differently. It also presents a big opportunity for marketing. Here are three ways that you could use "resolution marketing" to position and promote your brand in the new year:

  1. Help break a bad tradition - There is no better time to attack a competitor that your potential customers may have been doing business with for a long time and get them to switch. Utility services like home telephone service or car insurance are often things that people have chosen some time ago and stuck with more out of convenience than any long term loyalty. Target those customers with a compelling reason to break their old (and therefore outdated) tradition and consider switching to you.
  2. Offer small "resolution victories" - Many surveys being promoted in media this week could tell you the major resolutions for most people in the US and likely around the world. They range from common things like losing weight and working less to more niche dreams like finally buying that yacht or taking a trip to the Pyramids. No matter what the resolution, people want to feel good about moving towards their goal. Nothing does this as effectively as a "resolution victory." These are the small steps along the way to fulfilling a resolution. This could mean purchasing a Lonely Planet guide on Egypt, or choose Subway for lunch instead of that slice of deep dish pizza. Neither is about achieving the resolution, they are just small steps along the way, but still offer a powerful bonding moment with your brand if you can offer them.
  3. Create useful how-to content - Many resolutions are about education or optimization - in other words, how can I learn to do something new or do what I'm already doing more effectively? Both are perfect opportunities to use content to deliver a useful message that links back to your brand. So if you're selling tea, for example, don't just talk about your new flavor, offer some education on an afternoon tea ritual that can be done in a cubicle and transform your afternoon. As long as the content you're creating is useful, it will be relevant and likely to be passed along.

Over the next few weeks, we all have a short time to use resolution marketing before it won't work anymore. Before you accuse me of being pessimistic, I'm not saying that everyone will forget all about their resolutions in a few weeks. But I'm pretty sure that deep dish pizza place near your office will have a lot more business for lunch at the end of this month than they will have at the beginning of it. 

Monday, December 08, 2008

4 Easy Steps To Piss Off A Wall Street Analyst

Imb_costcologo_2 Costco CEO and cofounder Jim Sinegal is not your ordinary CEO, unfortunately for all of us. Even though his company is America's fourth largest retailer, you seldom hear much about Costco in comparison to all the press that Walmart or Target seem to get. Yet Sinegal has quietly been leading Costco to continual profit, same store sales that were up 9% in August, and (most importantly) a huge base of happy customers AND employees. What's his secret? As a recent Q&A session with Sinegal published in last month's issue of Fast Company shows, it's a combination of common sense business, honesty and authenticity, and a willingness to piss off Wall Street analysts and investors.

Imb_jimsinegal_3 The problem with many large publicly held corporations is that their number one priority becomes satisfying those stakeholders. That's a bit like buying a new car every month for a spoiled teenager because they think the old one isn't new anymore. Yet the analysts and investors are the ones with the money and so many brands are afraid to cross them. The results of not doing so, however, can be disastrous. The recent BusinessWeek story about the demise of Mervyns is a perfect example of this. Every company is beholden to their investors to some degree, but it doesn't have to prevent you from doing what you know is best for your business. Here are a few lessons you can take from Costco on how pissing off your investors (and the Wall Street analysts) may be the best move you can make to help your business survive the recession.

  1. Spend money on your employees. Costco pays workers an average of $17 per hour, has a great benefits package and generally focuses on their employees so much that the Fast Company piece notes "Wall Street grumbles that Costco cares more about its customers and empoyees than its shareholders." In any list of prioritized stakeholders, Costco puts their investors exactly where they belong ... after their employees and customers.
  2. Make decent (but not unbelievable) returns. Despite not making investors their top priority, Costco has achieved 70% revenue growth over the past five years and its stock has doubled. Returns are important and at the end of the day, you need to make money in order to even have investors. But why focus on making double digit or even triple digit returns at the expense of everything else? Make a profit, beat the industry average, and consider yourself ahead of the game.
  3. Avoid exploiting customers or partners. A recent Simpsons episode ridiculed Apple's supposedly "unofficial" policy of overcharging for accessories by having Lisa try to buy a pair of $40 headphones. Though parody, it's not that far from the truth for anyone who's tried to shop for such things at an Apple store. Costco, instead, has a policy of not marking any product up more than 15%. It's a fair and consistent policy that wins them partners, better price negotiation and happier customers.
  4. Focus on the long term. Wall Street, by its nature, has a short term outlook. It's why CMO's lose their jobs every 18 months and why profits and revenue are measured every quarter. Most businesspeople agree that this is exactly the wrong way to measure a business ... as sometimes you need to have a bad quarter or two before seeing big success.

Friday, December 05, 2008

Savvy Aunties And Your Underappreciated Customers

Every good marketing plan I have ever seen has the same piece of critical information to answer the biggest question of all: who is our target market? This is not about creating useless age demographics to segment an audience by what you think you can measure. It is about painting an idea of who the main person is that you want to reach about your product. Let's say it's a mom of a five year old boy. Once you highlight this main customer, your marketing focuses on how to reach them. That's the traditional model.

What if you could, instead, focus on your most underappreciated customer target? The one that none of your customers are chasing. The one that is open to what you're selling, and would love to hear about it, but no one is focused on telling them. For that same five year old boy, let's assume that person is his favourite aunt. The one he loves to see and idolizes. The one without kids who has plenty of money to spend on him, and loves to see him as well.

Thankfully, there is now a site called Savvy Aunties for all those aunties out there, which offers something to the forgotten demographic of women who love kids and have them in their life, but aren't moms. That's an example of focusing on an underappreciated demographic. Of course, their whole site is about these women ... but it does raise an interesting question for you to consider. Who are your savvy aunties, and are you doing enough to reach them?

Imb_savvyauntie


Monday, November 17, 2008

4 Ways Social Media Could Save The Arts

Imb_nampconference

Last week I had the fortune to be part of an event that we should all care about. It was a meeting of the National Arts Marketing Project, a conference sponsored by the Americans for the Arts and designed to help art based organizations around the country use marketing to drive more engagement, subscriptions, and attendance with patrons (a much better word than consumer, by the way). To understand the vibe of the event you need to look no further than a colllection of titles from some of the sessions put on during the three day conference:

  • Are You An Urbanite? Attracting Young Ticket Buyers and Donors
  • Hacking Copyright: Making "Free" Work In The Arts
  • She Says Pithy, I Say Prissy. Let's Call The Whole Thing Off: How Marketing And Development Can Sing In Harmony
  • I Can't Do That! How To Make The Big Ask For A Major Gift
  • Release Your Organization's Inner Blogger
  • Strategies For Countering The Reasons Patrons Resist Subscribing

My own session was called "Embracing Your Accidental Spokespeople: How Obama Let His Best Supporters Speak For Him, And Why You Should Too" and in the roundtable format, we talked about how to find the voices that are passionate about what you do, and unlocking them to share their experiences more widely online and through social media. Over the course of two round table discussions, I learned a lot about the unique challenges that many arts based organizations are facing, as well as discussed several engaging ideas for solutions. Here are a few of the creative solutions that we all came together and discussed as a group about how social media and interactive marketing techniques might help arts based organizations to better promote themselves:

  1. Create a sonic brand. Though more specific to groups that create or promote music, one idea that we collectively talked about was what it might be like if every venue or group had a sonic brand. So, for example, like you might hear the Intel jingle at the end of an ad, you would hear a signature piece of music to signal the end of intermission. Something that offers a recognizable brand for a music based organization, while offering an apt extension of a brand based on something that is inherently a part of it.
  2. Offer creative material openly for mashups. As more and more people create content online, they will need material like music, still images, and video clips to incorporate. One of the marketing tactics I am fond of at istockphoto.com (a site I use all the time to purchase images to use in my posts and presentations) is having an image for free download each day. What if an arts organization created their own collection of content and offered it for free reuse, dependent on giving credit back to the organization? It could be a great way to spread some brand awareness, as well as offer something viral and useful to content creators.
  3. Invite social capital donations. Many people using social media tools are supporters of the arts, but not necessarily donors or people to go to art events. Though it may be difficult to convince them to open their wallets, it may be much more acceptable to have them donate their influence. One brilliant example was a campaign run across both parties during the recent election where you could "donate your Facebook status" to remind people to vote for your guy on election day. It's an example of letting people donate their social capital instead of real money.
  4. Allow patrons to share their experience. This topic raised some concerns among the group for a variety of reasons. The two most vocal were that sometimes performers have union contracts that prevent any recording, and that sometimes the artists are afraid of negative criticism that may come with letting their work be freely shared. Still, there are other ways to let people share their experiences - perhaps through live Twittering, or making a cast available after a performance for flipcam interviews with video bloggers. The point is that every arts group needs to find a way of helping word of mouth about what they are doing to travel.

Wednesday, October 29, 2008

Buy My Second Book Today (And Save The World)

Imb_ageofconversation2 Ok, before I get into too much trouble - let me explain. Today is the release of a project that I am honored to be involved in, and you could arguably call my second book, though I am sharing author credit with 236 other authors I highly respect. The book is called Age of Conversation 2, and is an exploration of social media and its impact on business. Engagingly subtitled "Why don't they get it?" the book is broken down into 8 key topics:

    * Manifestos
    * Keeping Secrets in the Age of Conversation
    * Moving from Conversation to Action?
    * The Accidental Marketer
    * A New Brand of Creative
    * My Marketing Tragedy
    * Business Model Evolution
    * Life in the Conversation Lane

I chose the "Manifestos" topic for my contribution, because it seemed like a big idea, and also because I knew it would come first in the book so my contribution would be earlier in the mix of over 200 others. That plan clearly worked, because my article titled "The Control Myth: An Inside Look At The Worst Advice In Marketing Today" is on page 5 (I can't help it, I'm a marketer even in a room full of marketers!).

Though I was not part of the first edition of Age of Conversation, that was also a great compilation, and this time around the project is twice the size and has contributions from many authors, bloggers and others that you will definitely recognize. No matter if you are a pro and already understand much of this world, or someone trying to figure it out, I guarantee you will find lots to learn from in this book. And you'll also help a worthy cause as all the proceeds from the book go to benefit Variety, the Children's Charity.

So what are you waiting for? Visit http://stores.lulu.com/ageofconversation and get your copy of Age of Conversation 2 in digital or print format. And flip to page 5 to see my counterintuitive contribution about control and branding. I'll give you a hint ... the future is NOT about giving up control. That's the control myth and in my piece I share the perception shift required to get past it.

Full Author List For Age of Conversation 2:

Adrian Ho, Aki Spicer, Alex Henault, Amy Jussel, Andrew Odom, Andy Nulman, Andy Sernovitz, Andy Whitlock, Angela Maiers, Ann Handley, Anna Farmery, Armando Alves, Arun Rajagopal, Asi Sharabi, Becky Carroll, Becky McCray, Bernie Scheffler, Bill Gammell, Bob LeDrew, Brad Shorr, Brandon Murphy, Branislav Peric, Brent Dixon, Brett Macfarlane, Brian Reich, C.C. Chapman, Cam Beck, Casper Willer, Cathleen Rittereiser, Cathryn Hrudicka, Cedric Giorgi, Charles Sipe, Chris Kieff, Chris Cree, Chris Wilson, Christina Kerley (CK), C.B. Whittemore, Chris Brown, Connie Bensen, Connie Reece, Corentin Monot, Craig Wilson, Daniel Honigman, Dan Schawbel, Dan Sitter, Daria Radota Rasmussen, Darren Herman, Dave Davison, David Armano, David Berkowitz, David Koopmans, David Meerman Scott, David Petherick, David Reich, David Weinfeld, David Zinger, Deanna Gernert, Deborah Brown, Dennis Price, Derrick Kwa, Dino Demopoulos, Doug Haslam, Doug Meacham, Doug Mitchell, Douglas Hanna, Douglas Karr, Drew McLellan, Duane Brown, Dustin Jacobsen, Dylan Viner, Ed Brenegar, Ed Cotton, Efrain Mendicuti, Ellen Weber, Eric Peterson, Eric Nehrlich, Ernie Mosteller, Faris Yakob, Fernanda Romano, Francis Anderson, Gareth Kay, Gary Cohen, Gaurav Mishra, Gavin Heaton, Geert Desager, George Jenkins, G.L. Hoffman, Gianandrea Facchini, Gordon Whitehead, Greg Verdino, Gretel Going & Kathryn Fleming, Hillel Cooperman, Hugh Weber, J. Erik Potter, James Gordon-Macintosh, Jamey Shiels, Jasmin Tragas, Jason Oke, Jay Ehret, Jeanne Dininni, Jeff De Cagna, Jeff Gwynne & Todd Cabral, Jeff Noble, Jeff Wallace, Jennifer Warwick, Jenny Meade, Jeremy Fuksa, Jeremy Heilpern, Jeroen Verkroost, Jessica Hagy, Joanna Young, Joe Pulizzi, John Herrington, John Moore, John Rosen, John Todor, Jon Burg, Jon Swanson, Jonathan Trenn, Jordan Behan, Julie Fleischer, Justin Foster, Karl Turley, Kate Trgovac, Katie Chatfield, Katie Konrath, Kenny Lauer, Keri Willenborg, Kevin Jessop, Kristin Gorski, Lewis Green, Lois Kelly, Lori Magno, Louise Manning, Luc Debaisieux, Mario Vellandi, Mark Blair, Mark Earls, Mark Goren, Mark Hancock, Mark Lewis, Mark McGuinness, Matt Dickman, Matt J. McDonald, Matt Moore, Michael Karnjanaprakorn, Michelle Lamar, Mike Arauz, Mike McAllen, Mike Sansone, Mitch Joel, Neil Perkin, Nettie Hartsock, Nick Rice, Oleksandr Skorokhod, Ozgur Alaz, Paul Chaney, Paul Hebert, Paul Isakson, Paul McEnany, Paul Tedesco, Paul Williams, Pet Campbell, Pete Deutschman, Peter Corbett, Phil Gerbyshak, Phil Lewis, Phil Soden, Piet Wulleman, Rachel Steiner, Sreeraj Menon, Reginald Adkins, Richard Huntington, Rishi Desai, Robert Hruzek, Roberta Rosenberg, Robyn McMaster, Roger von Oech, Rohit Bhargava, Ron Shevlin, Ryan Barrett, Ryan Karpeles, Ryan Rasmussen, Sam Huleatt, Sandy Renshaw, Scott Goodson, Scott Monty, Scott Townsend, Scott White, Sean Howard, Sean Scott, Seni Thomas, Seth Gaffney, Shama Hyder, Sheila Scarborough, Sheryl Steadman, Simon Payn, Sonia Simone, Spike Jones, Stanley Johnson, Stephen Collins, Stephen Landau, Stephen Smith, Steve Bannister, Steve Hardy, Steve Portigal, Steve Roesler, Steven Verbruggen, Steve Woodruff, Sue Edworthy, Susan Bird, Susan Gunelius, Susan Heywood, Tammy Lenski, Terrell Meek, Thomas Clifford, Thomas Knoll, Tim Brunelle, Tim Connor, Tim Jackson, Tim Mannveille, Tim Tyler, Timothy Johnson, Tinu Abayomi-Paul, Toby Bloomberg, Todd Andrlik, Troy Rutter, Troy Worman, Uwe Hook, Valeria Maltoni, Vandana Ahuja, Vanessa DiMauro, Veronique Rabuteau, Wayne Buckhanan, William Azaroff, Yves Van Landeghem

 

Thursday, October 16, 2008

The Softer Side Of Measuring Social Media

How do you measure your social media efforts? How should you? Most people in the industry talk generally about measuring engagement as a concept and cite examples such as time spent on a site or number of comments, or inbound links as ways to track this. Others talk about ad equivalency (ie how much you saved by avoiding paying for advertising to achieve the same results) or even tie social media efforts directly back to sales and conversions. All are good models and we use a combination of these on just about every client engagement.

Today at the Executing Social Media event in Atlanta, I shared a thought that I have been having over the past few weeks about a missing element of measurement that has been surprisingly important to many clients we have worked with. Consider it the "softer" side of social media measurement. Here are a few examples:

Metric: Internal Bragging Rights
Depending on where you work, this can be a big motivator. Being able to talk internally about a new social media effort or innovative marketing program is something that can build reputations of those involved, as well as lead to better internal responsibilities and possibly promotions and other good things.

Metric: Industry Recognition
Recognition from peers is a big deal as well, particularly the higher up in the marketing chain you go. Though some CMOs may not admit it, getting the envy or appreciation from other CMOs is just about the best compliment you can get. This doesn't necessarily need to be about winning some sort of award, just getting industry credit.

Metric: Lessons Learned
Sometimes failures can be the best thing to happen to a social media campaign. Doing something wrong gives you the chance to learn from your mistakes and perhaps even make your next campaign much more successful. The problem is that most metrics would record a campaign like this as having no redeeming qualities. That's not quite true and though most marketers know it, many don't have a way to share it.

Metric: Media Non-Coverage
An obvious numbers-based metric is about volume of coverage but there is a softer side of social media measurement when it comes to media. This could include avoiding negative coverage - for example if there is a journalist seeking brands that "don't get it" and your brand is not on the list because of your efforts. Another similar example might be having your brand's point of view portrayed more accurately as a result of social media content you have online.

Metric: Testimonials
One of the most powerful effects of social media is the testimonials that you often get from customers, employees and just about anyone else. These testimonials provide powerful stories that can be retold within an organization. Even if there is only one great video or a single great blog post, these can take on outsized importance when reported as part of social media measurement for a campaign.

To be clear, I'm not suggesting that the "real" social media metrics we might report don't matter. Only that there may be a softer side of metrics that we too often forget, but that do make a difference.








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