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Green Bay Social Media Survey. If you're in Northeast Wisconsin, we'd love your opinion in a new social media survey that tracks what business in our area are doing with today's social media tools. Do you tweet? Does the term "Web 2.0" cause your eyes to glaze over? Are your co-workers on facebook?
Help us gear up for the Green Bay Chamber of Commerce social media event on May 19 by participating in this survey. We'd love to hear what your reference point is in this hyper-connected age we live in.
Participate by going here: http://whatthetweet.marketingsavant.com/surveyGreen Bay Social Media Survey
(04/03/09 09:01 PM)
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How to use social media for lead generation. I’ve been blogging for over five years. When I started, there wasn’t a business case on the ROI of blogging, nor was there a lot written on B2B lead generation. I started blogging because I wanted to share with everyone...
(02/25/09 09:00 AM)
Can a social media like Twitter boost your lead generation results?. Yes. I came across a blog this weekend that reinforced my thoughts. This post, written by Christian Fea, CEO of Synertegic, Inc., started off with a this statistic that he found on compete.com: Twitter had around 3 million people visiting...
(02/25/09 09:00 AM)
Webinar on Putting the Human Touch into Lead Generation. There are numerous tactics for generating leads these days — everything from the traditional email or phone call to the explosively popular social media craze. However, the real challenge is not necessarily in generating leads, but more in truly connecting...
(02/25/09 09:00 AM)
In countless discussions about social media, digital marketing tools and "what's next," I've determined that it's critical for all marketers to put a framework around their decisions on what tools to use, when to use them and how to get started. I put these decisions into a general "3-R" framework.
Risk: What's your tolerance?
Whether you're catapulting your brand into the social media sphere by simultaneously starting a blog, moderating a customer community and twittering, or if you're simply monitoring social media to get a glimpse of how the world sees you, there's a certain modicum of risk involved. You need to determine how much risk you're willing to take.
Social-media risk can manifest in the following ways:
> Exposure to issues that you'd rather not confront in a Web-based public forum.
> Suppliers and competitors watching your every move and your every flaw.
> Legal ramifications of customers commenting on bugs, defects, recalls, etc.
> Sharing control of your finely crafted brand message with passionate, yet misguided, fans.
Organizations that are ethical, honest, have strong brands and a strong sense of self will prevail and enjoy a low-risk environment in their social media endeavors. However, if your organization is secretive, insecure and does things you wouldn't tell your mother about, then you'll likely find there's simply too much risk for you in social media.
Resources: Do you have them?
This is probably the number one question I hear: "What does it take to do this stuff (blogging, social media, podcasts, etc.)?" For most companies, the cost of technical resources is the least of their worries. In fact, a majority of marketers who deploy social-media campaigns find it's the least expensive part of their budget. It's much more important to have the right people in place to help with your social media efforts. Whether that's a knowledgeable person in-house or a paid consultant, human resources are the most important aspect of putting social media to work in your organization.
Rewards: What do you expect?
Let's be serious. The only reason we're in marketing is to pursue capitalistic rewards. If we really want to pursue social media as part of our marketing - with low risk and few resources - we can certainly have at it. In the final analysis, however, we need to show substantial rewards in order to make it worth our while.
The ROI of social media depends on your overall goals. Most marketers define social-media rewards in the following ways:
> An increase in Website page views from social media sources.
> A larger network of customers and fans on social networking sites.
> Growth in your prospect email database.
> Increased conversation about your company on the Internet.
When considering social media as a component of your marketing mix, remember the three R's: risks, resources and rewards. By vetting your plans against these criteria and asking the right questions, you'll be on the path to social-media success.
I'm fond of saying that social media doesn't have 'best practices' per se, we just have 'current practices'. Those things that we know are working right now with very, very limited play in a real market. That said, I see that Mitch Joel, Six Pixels of Separation, has started a blog meme on pulling together the best practices and has challenged bloggers to write one post. I also see that Toby has already contributed some outstanding insights. Here's my take
Social Media Best Practice Tip:
Alignment: Yes, that's it. Alignment. If your organization is considering (or is well on their way) pursuing social media in your tactical marketing plans. It (social media) MUST be in complete alignment with your strategy and differentiator as an organization and in complete alignment with what you're already doing in your marketing plan.
Strategic & Differentiation Alignment:
If you've not yet read Seth Godin's book, Meatball Sundae, I highly recommend you check it out. In a nutshell, it gets after this very issue. If you're in charge of marketing for any organization that does not (and is not likely to in the future) embody openness, sharing, trust and all of those things that are required in a customer-owns-your-brand world that is social media, this might not be a strategic fit for you. Should you change, perhaps, but that's not the issue here. Just as I would rarely advise a B2B startup client to advertise on network television, there are some companies that aren't going to align on social media. One last thing - even though your company has some aligning characteristics...if your legal department doesn't, your social media marketing plan may have a hard time getting off the ground. I'm just sayin'...
Marketing Plan Alignment:
This one's a bit easier, but still a challenge, and we're still talking about alignment. If you decide to setup a Twitter account because it's cool, but you're not blogging and you're expecting things to just explode for you, that's unrealistic (but, you already knew that...) You need to align social media vehicles with that you're already doing and plan appropriately for their launch. If you have a customer database but you've never sent an email, maybe do that first...then put up the videos, then email your customers again, then get the blog going, then seed you customers with that and get the real conversation going... I'm still bullish on data and collecting it on prospects and customers (RSS subscribers and video viewers are not success metrics in the end) and employing that data in your marketing and social media efforts.
[UPDATE] One more thing... This 'social media thing' is new, and it's not...you know what I mean...right? Well, here's what I mean. Companies that do well in social media are those same types of organizations with the criteria identified by Jim Collins in Good to Great. They would meet the test of social media readiness. Examples of that criteria include: humility, acting as a servant leader, being able to accept brutal honesty, availability, a willingness to share credit (ideally, give full credit to others) and take sole responsibility and blame for failures.
(02/24/09 09:00 AM)
8 Tips for Selling Social Marketing to CFOs. Marketers are usually challenged to justify word of mouth social media marketing programs to the finance department. With economic challenges ahead, your job doesn’t get easier. As someone who’s focuses on both creative and measurement, and as Interim CFO at Bazaarvoice, I started thinking more about the question of what marketers need to sell CFOs on the social marketing opportunity. Ultimately everything comes down to the bottom line – drive revenue, margin or costs down – but every marketing strategy has a different familiarity, timeline to ROI, or measurements that have to tie back to the P&L. So the approach to start, grow and sustain social marketing through the eyes of the finance department will differ from doing business as usual. And the justification needs to span beyond the numbers to get the entire management team to understand the ‘ecosystem’ effect of how customers make purchase decisions in a networked world.I posed a question on LinkediN question to my marketing peers and colleagues: With the economic downturn, how will you convince the CFO that "social" marketing is a priority?I’ve summarized the 25 answers to the question into these 8 tips: Provide financial leaders with hard facts—give numbers representing the anticipated dollar value of social media marketing compared to its cost (ex: anticipated ROI) for your company, cite research on the proven effectiveness of social media (ex: reviews/testimonials turn potential customers into actual customers, which is crucial, especially during an economic downturn) and emphasize that a company should always aim to...
(02/24/09 09:00 AM)
I've just launched the first of a series of marketing, thought leaderships and social media events that I'll be running in Wisconsin in 2009. If you're up for some 'marketing stimulus', I recommend that you check out this program!
The MarketingSavant Group invites you to attend the Marketing Stimulus Plan Boot-Camp, a one-day in-depth workshop that will jumpstart or revitalize your marketing efforts in these tough times. The best companies don't cut marketing spend in a downturn, they do the opposite. They know that even the toughest market conditions still provide plenty of opportunity.
Attend this one-day workshop to refine and revitalize your marketing strategy to help you swim upstream during the recession and position your company for long-term success.
Marketing managers, sales professionals, business owners, and executives within small to medium sized companies responsible for sustaining profitability and striving growth in a downturn will learn how to:
* Develop a road map for putting frugal, ethical and effective marketing strategies in place immediately
* Understand how new approaches in digital and social media marketing can catapult your company into new market opportunities
* Adapt your marketing spend for today's unpredictable economy
* Adjust prices and promotions without sacrificing market share or brand image
* Focus on accountability and obtaining measurable results from your investments
* Improve strategic and tactical planning with marketing ROI techniques and tools
* Manage your marketing budget and collaborate CFO and CEO
It's been said that "Every adversity carries a seed of equal or greater benefit." This program will help you and your business find the silver lining in those dark clouds by adopting creative, compelling, and low-cost/high-return marketing strategies. We'll discuss and learn new ways to devise new strategies to overcome economic turmoil, and execute new tactics to win, sustain and grow new business.
Bonus Item for Attendees:
Who Should Attend? * Marketing and communications professionals
* Small business owners
* Channel and brand managers
* Entrepreneurs and start-up managers
* Advertising and public relations professionals seeking new client solutions
You'll Walk Away With:
* Dozens of low-cost and effective ideas that you can implement immediately to jumpstart your marketing in the recession of 2009
* The tools, templates and action plans you'll need to succeed in the world of digital and social media marketing
* An idea packed e-book, Marketing in a Downturn: Recession-Proof Marketing Strategies for Smart Marketers, on how to make the most of your marketing in a recession
User Generated Content is Booming for Baby Boomers. A marketer from a manufacturer brand recently asked me if user generated content was relevant to the baby boomer and senior population. Boomers make up of 35% of the Internet population. While it’s true that Millenials (the 13-24 generation) share content at double the rate of Baby boomers (56%), 31% of Baby Boomers share their own user generated content. This could be in the form of reviews, blog posts, comments, discussion forums, etc. Bazaarvoice has several clients with a high percentage of boomers in their base that are getting great results from UGC; such as QVC, Sears, Macy’s, Blair, Home Depot, Canadian Tire, Golfsmith, and many others. The use of search (where 25%+ of results are UGC) and usefuleness of user generated content for a purchase is relevant at any age. Just ask someone you know over 50 if they read reviews when they shop online. Nielsen found 8 out of 10 shoppers used reviews when shopping over the holidays, and that includes 35% of the internet population that are boomers!If you are interested in learning more about marketing and new media strategies for the Baby Boomer generation, consider attending the What’s Next Boomer Summit, March 19 in Las Vegas. There will be an E-Revenue Bootcamp. I will be speaking there and will discuss the impact of UGC and customer reviews for this generation. Also, Guy Kawasaki will keynote. Should be a great conference!
(02/24/09 09:00 AM)
The marketing world is becoming digitally-centered faster than most marketers ability to learn, adapt and apply the latest techniques. Conventional marketers and agencies trapped in standard marketing models are no longer producing the same results that they were even a few years ago. Forward-thinking marketers have begun to shift their thinking from the traditional environment to the digital centered multi-channel environment.
This Digital-Centered Marketing program will explore the changing landscape of marketing that is no longer about exposure but rather engagement in digital relationships through digital media founded on the intelligent use of digital data and CRM.
Real-world models, pockets of excellence insights andÂ? process examples gained from Digital Centered Marketing: Moving Your Marketing into the Digital will change your business for good. Come learn how leading marketers are thinking differently, taking fresh approaches and embracing non-traditional thinking by putting digital at the center of the marketing universe.
If you're interested in going beyond the discussion about social media and hearing about how digital is truly changing how businesses set strategy and go to market in this decade, you won't want to miss Digital Centered Marketing.
User Generated Content is Booming for Baby Boomers. A marketer from a manufacturer brand recently asked me if user generated content was relevant to the baby boomer and senior population. Boomers make up of 35% of the Internet population. While it’s true that Millenials (the 13-24 generation) share content at double the rate of Baby boomers (56%), 31% of Baby Boomers share their own user generated content. This could be in the form of reviews, blog posts, comments, discussion forums, etc. Bazaarvoice has several clients with a high percentage of boomers in their base that are getting great results from UGC; such as QVC, Sears, Macy’s, Blair, Home Depot, Canadian Tire, Golfsmith, and many others. The use of search (where 25%+ of results are UGC) and usefuleness of user generated content for a purchase is relevant at any age. Just ask someone you know over 50 if they read reviews when they shop online. Nielsen found 8 out of 10 shoppers used reviews when shopping over the holidays, and that includes 35% of the internet population that are boomers!If you are interested in learning more about marketing and new media strategies for the Baby Boomer generation, consider attending the What’s Next Boomer Summit, March 19 in Las Vegas. There will be an E-Revenue Bootcamp. I will be speaking there and will discuss the impact of UGC and customer reviews for this generation. Also, Guy Kawasaki will keynote. Should be a great conference!
(02/15/09 09:00 PM)
I've just launched the first of a series of marketing, thought leaderships and social media events that I'll be running in Wisconsin in 2009. If you're up for some 'marketing stimulus', I recommend that you check out this program!
The MarketingSavant Group invites you to attend the Marketing Stimulus Plan Boot-Camp, a one-day in-depth workshop that will jumpstart or revitalize your marketing efforts in these tough times. The best companies don't cut marketing spend in a downturn, they do the opposite. They know that even the toughest market conditions still provide plenty of opportunity.
Attend this one-day workshop to refine and revitalize your marketing strategy to help you swim upstream during the recession and position your company for long-term success.
Marketing managers, sales professionals, business owners, and executives within small to medium sized companies responsible for sustaining profitability and striving growth in a downturn will learn how to:
* Develop a road map for putting frugal, ethical and effective marketing strategies in place immediately
* Understand how new approaches in digital and social media marketing can catapult your company into new market opportunities
* Adapt your marketing spend for today's unpredictable economy
* Adjust prices and promotions without sacrificing market share or brand image
* Focus on accountability and obtaining measurable results from your investments
* Improve strategic and tactical planning with marketing ROI techniques and tools
* Manage your marketing budget and collaborate CFO and CEO
It's been said that "Every adversity carries a seed of equal or greater benefit." This program will help you and your business find the silver lining in those dark clouds by adopting creative, compelling, and low-cost/high-return marketing strategies. We'll discuss and learn new ways to devise new strategies to overcome economic turmoil, and execute new tactics to win, sustain and grow new business.
Bonus Item for Attendees:
Who Should Attend? * Marketing and communications professionals
* Small business owners
* Channel and brand managers
* Entrepreneurs and start-up managers
* Advertising and public relations professionals seeking new client solutions
You'll Walk Away With:
* Dozens of low-cost and effective ideas that you can implement immediately to jumpstart your marketing in the recession of 2009
* The tools, templates and action plans you'll need to succeed in the world of digital and social media marketing
* An idea packed e-book, Marketing in a Downturn: Recession-Proof Marketing Strategies for Smart Marketers, on how to make the most of your marketing in a recession
8 Tips for Selling Social Marketing to CFOs. Marketers are usually challenged to justify word of mouth social media marketing programs to the finance department. With economic challenges ahead, your job doesn’t get easier. As someone who’s focuses on both creative and measurement, and as Interim CFO at Bazaarvoice, I started thinking more about the question of what marketers need to sell CFOs on the social marketing opportunity. Ultimately everything comes down to the bottom line – drive revenue, margin or costs down – but every marketing strategy has a different familiarity, timeline to ROI, or measurements that have to tie back to the P&L. So the approach to start, grow and sustain social marketing through the eyes of the finance department will differ from doing business as usual. And the justification needs to span beyond the numbers to get the entire management team to understand the ‘ecosystem’ effect of how customers make purchase decisions in a networked world.I posed a question on LinkediN question to my marketing peers and colleagues: With the economic downturn, how will you convince the CFO that "social" marketing is a priority?I’ve summarized the 25 answers to the question into these 8 tips: Provide financial leaders with hard facts—give numbers representing the anticipated dollar value of social media marketing compared to its cost (ex: anticipated ROI) for your company, cite research on the proven effectiveness of social media (ex: reviews/testimonials turn potential customers into actual customers, which is crucial, especially during an economic downturn) and emphasize that a company should always aim to...
(11/02/08 09:00 AM)
In countless discussions about social media, digital marketing tools and "what's next," I've determined that it's critical for all marketers to put a framework around their decisions on what tools to use, when to use them and how to get started. I put these decisions into a general "3-R" framework.
Risk: What's your tolerance?
Whether you're catapulting your brand into the social media sphere by simultaneously starting a blog, moderating a customer community and twittering, or if you're simply monitoring social media to get a glimpse of how the world sees you, there's a certain modicum of risk involved. You need to determine how much risk you're willing to take.
Social-media risk can manifest in the following ways:
> Exposure to issues that you'd rather not confront in a Web-based public forum.
> Suppliers and competitors watching your every move and your every flaw.
> Legal ramifications of customers commenting on bugs, defects, recalls, etc.
> Sharing control of your finely crafted brand message with passionate, yet misguided, fans.
Organizations that are ethical, honest, have strong brands and a strong sense of self will prevail and enjoy a low-risk environment in their social media endeavors. However, if your organization is secretive, insecure and does things you wouldn't tell your mother about, then you'll likely find there's simply too much risk for you in social media.
Resources: Do you have them?
This is probably the number one question I hear: "What does it take to do this stuff (blogging, social media, podcasts, etc.)?" For most companies, the cost of technical resources is the least of their worries. In fact, a majority of marketers who deploy social-media campaigns find it's the least expensive part of their budget. It's much more important to have the right people in place to help with your social media efforts. Whether that's a knowledgeable person in-house or a paid consultant, human resources are the most important aspect of putting social media to work in your organization.
Rewards: What do you expect?
Let's be serious. The only reason we're in marketing is to pursue capitalistic rewards. If we really want to pursue social media as part of our marketing - with low risk and few resources - we can certainly have at it. In the final analysis, however, we need to show substantial rewards in order to make it worth our while.
The ROI of social media depends on your overall goals. Most marketers define social-media rewards in the following ways:
> An increase in Website page views from social media sources.
> A larger network of customers and fans on social networking sites.
> Growth in your prospect email database.
> Increased conversation about your company on the Internet.
When considering social media as a component of your marketing mix, remember the three R's: risks, resources and rewards. By vetting your plans against these criteria and asking the right questions, you'll be on the path to social-media success.
The marketing world is becoming digitally-centered faster than most marketers ability to learn, adapt and apply the latest techniques. Conventional marketers and agencies trapped in standard marketing models are no longer producing the same results that they were even a few years ago. Forward-thinking marketers have begun to shift their thinking from the traditional environment to the digital centered multi-channel environment.
This Digital-Centered Marketing program will explore the changing landscape of marketing that is no longer about exposure but rather engagement in digital relationships through digital media founded on the intelligent use of digital data and CRM.
Real-world models, pockets of excellence insights andÂ? process examples gained from Digital Centered Marketing: Moving Your Marketing into the Digital will change your business for good. Come learn how leading marketers are thinking differently, taking fresh approaches and embracing non-traditional thinking by putting digital at the center of the marketing universe.
If you're interested in going beyond the discussion about social media and hearing about how digital is truly changing how businesses set strategy and go to market in this decade, you won't want to miss Digital Centered Marketing.
I'm fond of saying that social media doesn't have 'best practices' per se, we just have 'current practices'. Those things that we know are working right now with very, very limited play in a real market. That said, I see that Mitch Joel, Six Pixels of Separation, has started a blog meme on pulling together the best practices and has challenged bloggers to write one post. I also see that Toby has already contributed some outstanding insights. Here's my take
Social Media Best Practice Tip:
Alignment: Yes, that's it. Alignment. If your organization is considering (or is well on their way) pursuing social media in your tactical marketing plans. It (social media) MUST be in complete alignment with your strategy and differentiator as an organization and in complete alignment with what you're already doing in your marketing plan.
Strategic & Differentiation Alignment:
If you've not yet read Seth Godin's book, Meatball Sundae, I highly recommend you check it out. In a nutshell, it gets after this very issue. If you're in charge of marketing for any organization that does not (and is not likely to in the future) embody openness, sharing, trust and all of those things that are required in a customer-owns-your-brand world that is social media, this might not be a strategic fit for you. Should you change, perhaps, but that's not the issue here. Just as I would rarely advise a B2B startup client to advertise on network television, there are some companies that aren't going to align on social media. One last thing - even though your company has some aligning characteristics...if your legal department doesn't, your social media marketing plan may have a hard time getting off the ground. I'm just sayin'...
Marketing Plan Alignment:
This one's a bit easier, but still a challenge, and we're still talking about alignment. If you decide to setup a Twitter account because it's cool, but you're not blogging and you're expecting things to just explode for you, that's unrealistic (but, you already knew that...) You need to align social media vehicles with that you're already doing and plan appropriately for their launch. If you have a customer database but you've never sent an email, maybe do that first...then put up the videos, then email your customers again, then get the blog going, then seed you customers with that and get the real conversation going... I'm still bullish on data and collecting it on prospects and customers (RSS subscribers and video viewers are not success metrics in the end) and employing that data in your marketing and social media efforts.
[UPDATE] One more thing... This 'social media thing' is new, and it's not...you know what I mean...right? Well, here's what I mean. Companies that do well in social media are those same types of organizations with the criteria identified by Jim Collins in Good to Great. They would meet the test of social media readiness. Examples of that criteria include: humility, acting as a servant leader, being able to accept brutal honesty, availability, a willingness to share credit (ideally, give full credit to others) and take sole responsibility and blame for failures.
We're on this afternoon, September 9th, at 2PM Eastern.
Many professional services firms have a burning desire to somehow leverage the power of Web 2.0 and Social Media to grow their own business. They see others blogging, connecting in social networks, and launching podcasts and online videos, and wonder, "How do I get a piece of this social media action and how will it grow my business?"
There are several sound strategies marketers can use. In this RainToday.com webinar, online marketing expert Dana VanDen Heuvel will provide you with ideas, examples, and a plan of action for immediately putting these technologies to work to attract new clients.
Specifically you will learn:
* What Social Media and Web 2.0 is and how it came to be
* How various tactics - blogging, social networking, social bookmarks, and online media - can help you market your firm
* Examples of how other firms have grown their business with Social Media and Web 2.0
* How to plan a Social Media and Web 2.0 marketing strategy that works best for you
For a deep dive into using the social networking site LinkedIn, don't miss Jason Alba's webinar, LinkedIn 101: How to Unlock the Power of this Online Tool on Thursday, September 11. Become a RainToday.com Member and attend both these events, plus all other live events for an entire year for only $199.
Since launching MarketingSavant (my social media/digital marketing consulting company) earlier this year, I've been looking at a number of ways to grow the business, outside of hiring people. By growing the business I mean simply the cash base or revenues from the organization.
I was caught off guard when another local consulting business owner asked me "so, what's your exit strategy?"
Wow, I just kicked this thing off, what do you mean "exit strategy". Of course, I know exactly what he means, but I'd never really given it that much thought.
When you're an entrepreneur or an intrepreneuer (someone with an entrepreneurial spirit inside the corporation), you need to have your own exit strategy.
For me, I've chosen to pursue an 'education in investing' strategy to help grow my cash reserves while I grow the business. Yes, I know, the market isn't exactly doing well, but that's precisely the time to get in. I look at the stocks and funds that I'm investing in now and thinking back to when I graduated college in 1999... if I had invested even a modest sum then, I'd be doing quite well now. Which brings us to the one thing that I think investing and marketing have in common (I'm sure there are others...but this one is really important...
Faith in the future.
As marketers, we're always marketing to the future, with faith in that marketing campaign and it's ability to deliver future value. As investors, we're buying stocks and funds with faith in the company's ability to grow into the future.
Marketers and investors unite! Doom and gloom does not serve you...it's the faith in the future that keeps both of us afloat and in business.
[Inspired by Kevin's post on 'cracks in the retirement nest egg']
(07/08/08 09:00 AM)
How To Use Social Media To Enhance And Improve Your Internal Communications Efforts - And 7 Steps To Take Your Internal Social Media Program To An External Marketing Program
Some people may think that social and emerging media tools are just for customers. However, they can greatly improve your internal communication, peer networking and knowledge sharing and management initiatives if used properly. This workshop will show you how to leverage the most prominent social media tools to strengthen your internal communications processes and improve the effectiveness of any customer-focused organization. If you're considering social media for customer/external communications, this workshop will also give you specific insights and help you to 'eat your own dogfood' before going headlong into social and emerging media & marketing with your customers and prospects.
Each attendee will take away:
A comprehensive understanding of each and every internal social media tool available to their organization
Concrete examples of organizations that are employing these tools
A roadmap of where to start and how to progress in your internal social media endeavor
Develop the business case to sell internal social media based communication tools to management
The seven steps to taking social media from an internal endeavor to an external marketing program
This is quite possibly the most timely and exciting article I've read as of late (come to think it, this I've been rather busy and this might be the only thing I've read of late...nope, this really is the best).
Joseph Dumont penned a piece for Imedia entitled "Why Agencies are Failing" in it, he lays out several of his own observations that are founded in a report from Forrester (might be worth the $279 price tag if you're seeking some Forrester Research Therapy for your agency) and compiled from his keen insights into the agency world.
This article really hits home as it comes at a time when I'm doing a bit of work with a few agencies that I regard with the utmost respect and I can't help but see some of their challenges echoed in this article. Those are the agencies that are truly students of advertising, marketing, customer behavior and have a genuine purpose in this world. They will succeed because they can learn, they can grow and like energy (you know, never at rest) they are always moving and changing and they're on the right path.
On the other end of the spectrum are agencies who are truly stuck. They're afraid of stepping outside of their comfort zone, afraid to admit that they need help, don't have a mastermind group internally that's challenging their age-old positioning and their clients are suffering as a result by way of crusty old strategies, reheated ideas and basically an ignorance of the end customer that we're all trying to reach. Those agencies will fail a they aren't even on a path - they're standing still.
Here are a few observations that I took from Joseph's article. I really recommend read though it with you highlighter handy - there are some real nuggets in there. If you're an agency, take this to your next staff meeting and discuss it. It's that important. If you like, buy the Forrester report (and tell me if it was worth it!)
1. Damnit, get out there and do the hard work to really understand how your client's consumer has changed their habits, where they hang out and what they want to hear from you. Media kits are for armchair advertisers. You need to get out there, listen, react and move. Oh, and get your client's leadership and front line folks on the same page too. Customers are smart. They see through the disorganization.
2. Watch political marketing. I've said this for years and I'll say it again "the harbingers of the next generation of marketing are working in politics". Watch all 3 candidates and how they leverage the digital space. Also, pay attention to their budgets. They're moving mountains and spending very little (comparatively) online...they reach the masses on TV and the influencers through digital (online) means...it's a great country we live in!
3. Interactive does NOT mean Internet. It means really in-ter-acting... get people involved, acting and interacting and engaging. Most of what's called "interactive" is anything but.
4. User generated content is not the holy grail. User generated genuine interest in a brand that excites consumers and pushes their 'loyalty button' is what we're really seeking. There are many UGC campaigns that are bolt on piles of crap... If UGC is not aligned with your brand and the only respondents are professional contestants, you should rethink things a bit. Just because it's cool doesn't mean it's you (or that an agency should sell it to you)
5. I actually think that we're in pretty good shape - there is BRILLIANT marketing going on out there (just read iMedia, Marketing Sherpa and others to see the kick ass campaigns and strategies that are rocking the marketing world)...but there's always room to do better. Both agencies and internal marketers can't afford to get lazy. The entire profession of marketing is founded on a "faith in the future" perspective! That's why we market - for the future...so hurry up and let's all get there!
This is quite possibly the most timely and exciting article I've read as of late (come to think it, this I've been rather busy and this might be the only thing I've read of late...nope, this really is the best).
Joseph Dumont penned a piece for Imedia entitled "Why Agencies are Failing" in it, he lays out several of his own observations that are founded in a report from Forrester (might be worth the $279 price tag if you're seeking some Forrester Research Therapy for your agency) and compiled from his keen insights into the agency world.
This article really hits home as it comes at a time when I'm doing a bit of work with a few agencies that I regard with the utmost respect and I can't help but see some of their challenges echoed in this article. Those are the agencies that are truly students of advertising, marketing, customer behavior and have a genuine purpose in this world. They will succeed because they can learn, they can grow and like energy (you know, never at rest) they are always moving and changing and they're on the right path.
On the other end of the spectrum are agencies who are truly stuck. They're afraid of stepping outside of their comfort zone, afraid to admit that they need help, don't have a mastermind group internally that's challenging their age-old positioning and their clients are suffering as a result by way of crusty old strategies, reheated ideas and basically an ignorance of the end customer that we're all trying to reach. Those agencies will fail a they aren't even on a path - they're standing still.
Here are a few observations that I took from Joseph's article. I really recommend read though it with you highlighter handy - there are some real nuggets in there. If you're an agency, take this to your next staff meeting and discuss it. It's that important. If you like, buy the Forrester report (and tell me if it was worth it!)
1. Damnit, get out there and do the hard work to really understand how your client's consumer has changed their habits, where they hang out and what they want to hear from you. Media kits are for armchair advertisers. You need to get out there, listen, react and move. Oh, and get your client's leadership and front line folks on the same page too. Customers are smart. They see through the disorganization.
2. Watch political marketing. I've said this for years and I'll say it again "the harbingers of the next generation of marketing are working in politics". Watch all 3 candidates and how they leverage the digital space. Also, pay attention to their budgets. They're moving mountains and spending very little (comparatively) online...they reach the masses on TV and the influencers through digital (online) means...it's a great country we live in!
3. Interactive does NOT mean Internet. It means really in-ter-acting... get people involved, acting and interacting and engaging. Most of what's called "interactive" is anything but.
4. User generated content is not the holy grail. User generated genuine interest in a brand that excites consumers and pushes their 'loyalty button' is what we're really seeking. There are many UGC campaigns that are bolt on piles of crap... If UGC is not aligned with your brand and the only respondents are professional contestants, you should rethink things a bit. Just because it's cool doesn't mean it's you (or that an agency should sell it to you)
5. I actually think that we're in pretty good shape - there is BRILLIANT marketing going on out there (just read iMedia, Marketing Sherpa and others to see the kick ass campaigns and strategies that are rocking the marketing world)...but there's always room to do better. Both agencies and internal marketers can't afford to get lazy. The entire profession of marketing is founded on a "faith in the future" perspective! That's why we market - for the future...so hurry up and let's all get there!
Today's service industry organizations depend on deeper and more relevant customer connections to drive loyalty, retention, referrals and reactivation within their coveted client base. These companies don't just need technology however, they need a systems perspective on how to integrate the ever changing world of social media, social networking and Web 2.0 into their core business infrastructure to meet their customers in their medium, now and in the future.
The Latest Internet & Marketing Technologies that can Impact Your 2008 Marketing Plans
Your copy of the Marketech 08 Guide PDF will show you how to put these technologies to work for you.
This guide includes a service-organization perspective that will help you:
Utilize relevant marketing & customer service technologies that today's leading service organizations employ to connect with their customers. This includes an overview of tools from social networking via Facebook, organic corporate networks and customer community programs to communication vehicles like blogs, online video and podcasting.
Integrate with existing common customer loyalty, retention, referrals and reactivation initiatives.
Identify benefits and risks associated with these techniques and technologies such as lower cost to service and increased referrals vs. loss of central control and the increasing customer control of your brand reputation.
Discover who's doing this already examples and how is it working for them. We'll look at a myriad of case examples with learning's and action items than any organization can apply.
This eBook is available as an
Instant Download in Adobe PDF
*** Full disclosure: I wrote the e-book as part of a project for the AMA in late 2007 and retained the rights to publish. The response to the guide in my TechnoMarketing sessions and other speaking engagements has been so positive that I've decided to offer the item for sale.
(04/04/08 09:00 PM)
David Kinard is your host and it promises to be a great show! We'll be discussing technology tools in marketing and what's next for marketers. Fun stuff!
The world of marketing as we know it is rapidly changing all around us. Engaging your customers through the newest media vehicles such as social media, customer communities, blogs, RSS, and podcasts requires a solid foundation steeped in customer understanding, marketing planning and technological prowess. The challenges marketers face today are often compounded by the sheer volume of new media channels and the depth of expertise required to execute well in each channel.
When you listen in, you will:
* Increase your knowledge of terminology surrounding the newest technology-centric marketing tools
* Acquire a better understanding of the most popular technology-driven marketing vehicles currently in use and on the horizon
* Begin to identify which technology-centric marketing vehicles will work for your customer base and pair those up with your existing marketing strategy
Who should listen in:
* Sales and Marketing Executives of any size organization
* Marketing directors responsible for digital or integrated marketing strategy
* Anyone involved in customer-facing internet initiatives with their company or clients
* Ad agency media directors looking for a competitive edge for clients
Great example of explaining del.icio.us and Digg on a website. During a social media seminar this week, I mentioned that some websites
have areas where they 'explain' what the social bookmarking tools are
for visitors who are interested in using them, but who may not know
what they are. While basic, this is important if you really want to enable your content for sharing and subscription.
AdAge has a great example of this with their "question mark" next to the "Share & Save (?)" section.
Scroll toward the bottom of this article to see the "Share & Save
(?)" section. You'll notice that they not only have the ""Share &
Save (?)" section but also a newsletter subscription link at the bottom
of their articles. This is a GREAT manifestation of virally enabling
and enabling subscription to your brand/content.
Then, click on the question mark and you'll be brought to a section of
a page on their site that houses all of their RSS and social sharing
information.
This is the article that I wrote this month for adotas. The idea here is that so often, marketers are consumed with all of the media and hype around them that we neglect to setup proper boundaries and filters for ourselves and for our teams to ensure that we're truly able to focus on our marketing mission, only letting that which will truly benefit our organization onto the marketing plan.
â??Donâ??t fence me inâ?? is the mindset of most marketers and creative
members of your team. The last thing we typically want is to have
boundaries on our time, creativity and choices. Boundaries, however,
are what keep you and I focused on the business of marketing and others
focused on sales and still others focused on finance and operations.
The ability to set, express, and maintain boundaries is an essential
part of any healthy marketing department. Boundaries build â??win-winâ??
relationships by making clarifying needs and limits, while opening the
field on what options are available for meeting marketing objectives.
More specifically, setting marketing boundaries around both new and
legacy marketing tactics allow you to focus on those things that matter
and only pursue those ideas that pass through your well-established
marketing boundaries, ensuring a higher degree of success.
What do marketing boundaries look like, and how can you know where and how to set them?
Peter Block, author of Flawless Consulting, says that â??If you canâ??t
say â??no,â?? your â??yesesâ?? donâ??t mean a thing.â?? Thatâ??s so absolutely true.
In marketing, if we canâ??t say â??NOâ?? to those things that seem to beg at
our budgets and demand our time, weâ??re hamstrung in trying to
accomplish those things that weâ??ve already said â??yesâ?? to. In order to
keep our yes and no categories in check, there are five key boundary
setting techniques that I recommend for all marketers.
Learn to say The Positive â??NOâ??: Yes, you can say
â??noâ?? positively. Knowing that your â??noâ?? answer leads to increased
energy and focus on the â??yesesâ?? youâ??ve already committed to. To get a
feel for this, look at where you should say â??NOâ?? right now. Sit down
right now and identify the emerging demands on your marketing team,
plan and budget. Identify 5-10 â??NOâ??sâ?? you need to say. Then, for each,
ask yourself, â??What would I be willing to say â??Yesâ?? to in this case?â??
Choose wisely - only what you are willing to do, and can do with the
same energy and focus that youâ??ve committed to apply to your existing
â??yeses.â??
Establish â??gate criteriaâ?? for new marketing vehicles and ideas:
Thereâ??s a tool used in product development called the â??Stage-Gateâ??
method that includes a set of predetermined steps from idea to launch.
By implementing a similar set of procedural steps in reviewing new
marketing ideas, tools, tactics and technologies you will gain a clear
understanding of what you should allow into your marketing mix and
whatâ??s destined for the â??NOâ?? pile. Just as you have a systematic
process for evaluating candidates that you hire onto your marketing
team, you need to establish rigor in what ideas make it onto the
marketing plan.
Equip your team with boundary setting tools: The
best boundary setting tools are of little benefit to an organization if
all of the information and minute decisions are still run though the
head of marketing. When working through the exercise on the â??positive
NOâ?? and setting up your gate criteria, walk you team through the
process and gather their input. When you get to the next iteration,
walk through it with your team again and point out where their input is
included. Repeat until complete.
Transfer ownership of boundaries to your team:
Working through step 3, â??equip your team,â?? will set the stage for
ownership transfer. Once youâ??ve settled on an initial â??NOâ?? list and
have your gate criteria and process established, it should become part
of everyoneâ??s job to ensure that everything is vetted through the new
process and â??NOâ?? test before it comes up for discussion. This way
youâ??ll have a team thatâ??s always focused on the securing the win for
each of your committed â??yesesâ?? but that also knows how to spot a
genuine opportunity when it comes along.
Keep your freedom to choose: When youâ??re not clear
on what you should say no to, itâ??s equally challenging on what to say
yes to. By setting marketing boundaries, youâ??ll free up your thoughts
and energy to focus on what matters most in achieving your objectives,
while simultaneously freeing yourself to make smart choices using your
new â??power of NOâ?? and ideas evaluation methods.
Once youâ??ve established boundaries, a system and criteria for new
marketing idea review and delegate boundary management to your team,
youâ??ll find yourself with more focus, energy and initiative behind
those decisions that you have committed to and will have a fool-proof
system for staying in step with the newest marketing trends without
feeling like youâ??re being carried away on a tidal wave of runaway
marketing ideas.
A Great Hook. Fortunately, I'm homebound with my new son for the next week, but I was able to get away tonight for a dinner at Salt Lick (best BBQ in TX!) with many bloggers who came to Austin for SXSW. Friends made it such as Charlene Li of Forrester and Groundswell, Shel Israel of Global Neighborhoods (Author of Naked Conversations), Bob Pearsons of Dell (runs Dell's community /conversation / social media team), Jeremiah Owyang of Forrester and Web Strategist, and others. I also met some new folks: Jim Long, an NBC cameraman (great stories !) and Twitter pro at newmediajam, and Hugh MacLeod of gapingvoid. If you haven't heard of gapingvoid or Hugh, he is the "Web 2.0" cartoonist on business cards. He is most famous (I think) for this doodle: Hugh explained that some Microsofters replace their standard cards and put this on the back. Microsoft actually hired Hugh to walk the halls of Microsoft and doodle on cards as a culture catalyst. This is awesome on a couple levels: 1) Microsoft recognized that an 'on the edge' cartoonist was capturing the imagination of its employees and embraced it. That they embraced someone who inspired their employees through an emotive cartoon that described what they as a company want to do and what the employees want to do. Talented people work at Microsoft not because they enjoy a big company, but because their talents can make a big change occur. 2) What Hugh has created is an incredible hook for himself,...
(03/09/08 09:00 PM)
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