Tag Archive for: Email

News Update – Best of the Day

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Marketers see many studies like one of the Morgan Stanley reports which state that there are more social network users than email users. And especially in the B2B sphere the research makes clear that 80% of business buyers today say that they find their vendors as opposed to vendors finding them. Tony Sambito writes advices that compasnies and brands plan for the Social Buyer before it is too late. I absolutely agree with him…

Business decision makers often ask me how much I think Social Media goals have to be linked to business goals to drive success. A new report, “The State of Social Media in Credit Unions: Opportunities and Challenges,” from 187 credit unions of varying size and composition across the United States and Canada now allows some insights in that question. According to the study, companies using Social Media with more than two years of experience are the most likely to report success (57%), while those that have three months or less are least likely (17%).

Still thinking what will be the Social Media trends for this summer? Tim Gray has an answer for you. Find the 5 trends that he advices to watch out for. Location based topics, group buying, “swiming in the stream” (social stream), social search and mobile. Don’t know if this is really social only but still good in terms of your web-strategy.

Do we have to talk about "conversation"…?

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It’s the basis of humans living together. It’s the essence of people getting in touch with each other…, and finally doing business together. It builds the fundament of collaboration, of cooperation. It’s the breath of the age of social. What is “it”…? Well, it’s not rocket-science. And still it seems to be the never-ending challenge for companies, for brands, and especially for people who are running the business. It is… conversation.

“Often I wish people understood the word “Conversation” – To start a successful collaboration we must learn to lose fear of networking.”

Do managers really have to talk about “conversations”?
Yes, we do! Don’t you agree? And we all know why. We are getting sad about the way managers (don’t) encourage themselves to engage in conversations. How often do managers not respond to a written letter? How often did they not pick up your phone? How often have they not replied to emails? How often not shown any reaction to Facebook, Twitter and the likes?

Hello managers – wake up! There is somebody trying to have a conversation with you? You cannot argue what somebody wants before having listened to them, can you?! Ignoring is so easy and it happens so often. You can do better. You can participate. And your words have significance when you take part in a conversation.

How will traditional managers get new inspiration? How will they generate new connections? Yes, conversation is the answer…

Do brands really have to discover how to do conversations?
Yes, they do! They need to figure out what they want to be: person or economic construct. Active or passive conversationalists? Motivator or creator? Former sender or modern vendor? Brands might build a consitent dialogue but only value their opinion, playing according to their rules. Listening is where relevance brings brands back in the driver’s seat, and not making them sit still and beg that the driver (who ever that consumer is) knows the way towards to the targets.

Productivity, creativity, innovation, thought-leadership and ROI counts for brands. This M&M philosophy often goes straight against lose conversation. Brands have been shaped and formed around formal structures (organisations and meetings), planned grouping (= not Groupon but agendas), lead work-flows (step-by-step approach). In earlier years, conversations came with a coffee break, some biscuits, a cigarette on the floor. Conversation today comes with an email, a tweet, or a status update on LinkedIn at your desk. And they appear different in character and tonality, “the conversation mode is changing” as Eric Schmidt called it at the DLD11 in his augmented humanity speech.

How will brands find innovation in the future? How will brands get response to products and services? Yes, conversation is the answer…

Do companies really have to reinvent the human dialogue?
Yes, they do! Companies are made from (and made by) people. People always had not enough time in their lives. Conversations cost time. Time builds trust and drive efficiency. Email took us time, too. We had to learn how to communicate online. Not now anymore. We know how it works. It is just a different platform or technology every crucial department of your business will be using in the future, called Facebook, Twitter, Groupon, Quora or blogs. They will control our marketing efficiency, our sales opportunities, our upscale, our revenue sheets. And we won’t even know, when we don’t embrace and value the conversation on the social web.

Power to “processes, people, potential and possibilities” means opening up our mindset to a new way of conversation. A way that shows the value of starting the talk. A way that shows clients how companies rate their review, input and sharing of brand messages and product conversations. Customer just want to get the feeling that it is not a maschine out there they are buying from. They want to see the personal human touch that makes mistakes, laughs about themselves and answers when getting questions.

How will companies renew their strategy, their tactics, their visions…? How will companies build products that their customers want? Yes, conversation is the answer…

Spot On!
Conversations are the basis of your future business-strategy, as well as your web-strategy. This is nothing new, you knew it before. Companies have them multiple times every day. Brand can get engaged in them every minute on a day in the future. And you even more. Every minute you can have the chance to have conversations today. The only difference is that conversation is also happening online – not on the phone, not via fax, not via mail, not on the floor, or in meetings. You just have to embrace conversations… it is that easy.

News Update – Best of the Day

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The Social Web has it good sites and also some parts where human kind should be thinking about the communication development – especially if the language suffers from extensive and fast use of user generated content production. This brings the English Spelling Society to think about it and do some research. The result… Among the 18- to 24-year-olds the majority believed that unconventional spellings (in chats and social newsrooms) are used on the internet because it is faster and has become the norm. 22% said they would not be confident in writing an important email without referring to a dictionary or spell checker, says the research. Are self-regulation mechanisms or a change of culture the future is the question? Though “variant” spelling exists there, 31% said that alternative non-standard spellings were “unacceptable”. 66% believe that dictionaries should contain variant spellings, says the study.

I have to say that I am not a big fan of How To’s. The way Yannis Marcou wrote his tips on the use of LinkedIn for new business is worth sharing.

And finally, let’s not forget it is Thanksgiving days. Spend time with the family, real friends – switch your computer off (at least for some hours). No matter if there are funny commercials you might have not seen… Laugh in real-time!

News Update – Best of the Day

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Ecommerce is developing rapidly. And although users are said to be slow in adapting new technology, they expect their retailers to embed the latest trends and technology in their websites. As this will increase the sales potential of a business, companies should carefully listen to top 10 tactical trends by Michael Piastro which will help supercharge your ecommerce strategy for the future.

Social Media is in “at” your workplace, you said? Yes, but what does top management use it today? A new comprehensive study of more than 1000 business professionals by Pierre Khawand, Founder and CEO of People-OnTheGo shows that business decision makers manage multiple “inboxes” including Social Media. Social media is already a regular part of the work day. LinkedIn is the most popular social network. More than two-thirds (63.8%) of top management and almost three-quarters of marketing (73.9%) and sales (74.2%) respondents check LinkedIn regularly. Isn’t it interesting that private email is as popular as business email for top management? Social Media or private emails… Thinking about what might affect productivity more in the future…

Are small companies spending most of their marketing funds into Social Media in 2011? No! The use traditional websites and e-mail, says a report by online survey firm Zoomerang and GrowBiz media that surveyed 751 small firms (predominantly with less than 25 employees). The survey finds that over a quarter will spend at least 30% of their online marketing budgets on their websites, E-mail coming in second (18%). Only 10% were planning to spend at least 30% of their budgets on Social Media.

The way to the real-time future of marketing mix

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When you hear the term “marketing mix”, what do you think…? Pause! Think… Pause!

Does that sound familiar to you? For some of you it might. To others it blurs as they follow the hypes as new marketing topics that are shouting at them. Or did you listen to their silent tones? Isn’t it better to varify and understand the client before start creating a new marketing-mix.

Watching the latest videos on your Youtube channel, talking to “friends” on Facebook or following the latest conversations on Twitter is one thing. Drawing conclusions out of these conversations on the social web world is another. And taking actions like evaluating adwords versus email versus social network marketing or blogs versus micro-blogs) for your marketing mix afterwards is a third step.

Conclusions might also be that marketers realize that B2B people still read print preferably to online or love real face-to-face conversations. They might find out that these business decision makers think twice before they engage in conversations. Reasons might be social media guidelines or policies. Steps are needed (like social media monitoring) before you start understanding your own marketing mix could pay out (i.e. online and offline focus groups).

Other marketing opportunities have never died although social media still hypes. And there is a reason why the “marketing mix” phrase was created by Neil Borden some years ago. Not only as it is an easy to understand phrase. More as we use it in our daily business as marketers without even noticing anymore. It is in our DNA. It is a necessity. Will it ever be removed? I doubt it…

Isn’t it interesting that we never had something like “The ultimate approach to market your products and services”?

Obviously, there is none. In over 50 years nobody found one. Why that is? Well, the world is driven by human beings and their attitudes to become familiar and aware of new things is a dynamic process. Some people adapt quick, other slower. They prefer to get informed via paper. Some like online (via publisher platforms, social networks or blogs). Some still stay offline (as they are often on planes or trains). Others record TV news programs and watch them on-demand with their iPads. And then others use mobile readers or apps to stay up to date with their favorite brands.

Seeing the social hypes in our business world from an outside perspective, I sometimes get the feeling that marketers have to refocus on where users are in their “adaption of technology evolution”. And not invest all their money in one horse race. Or to use another business anology from a tactical HR point of view: Never let the whole sales team be on the same flight.

Where is the difference in marketing?
Is there one? If all your marketing budget goes on airport billboards and then an oil crisis comes up, the invest equals zero in terms of earn out. Or if you buy just one ad in a service provider catalogue on the web but the world uses Google and cannot find the provider in the first ten results, the budget might be wasted.

Some companies think investing in Twitter or Facebook saves their brands awareness in the future but forget that these sites go down once in a while. And then the data is gone or not accessible. Lucky are those who can be approached from other access points then – be it via a phone call (at most companies I am searching hours for a phone number), at an event promoted with social media maybe, at their corporate website, or the self-hosted community that is not on the popular social networks.

The cocktail of having different access points available, and those interacting with each other, is the marketing mix of the future. Although they might have a single target or focus the are aiming at, the marketing mix should be aligned to one common strategy: Engage the client.

Spot on!
As we are automizing our marketing more and more, we always have to keep an eye open which tools and trends are coming up. As technology evolves quite quickly, human beings tend to forget that they need to adapt their marketing mix accordingly. Having said that it does not mean they have to switch their marketing mix approach immediately. Watch out for the tipping point when your power buyers, your brand vangelists, start using different technology. This is the time when the “adaption of technology evolution” happens…

News Update – Best of the Day

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Every marketer is looking for the key to Facebook success. A study by Vitrue, a social media marketing agency, reveales a secret… which is not a secret in my eyes anymore. As we know it from the email marketing era: Couponing and savings are driving engagement. Images and photos outperformed video and text by 22% and 54% in terms of engagement. Text received 63% more engagement than video when it came to Vitrue’s consumer packaged goods (CPG) brands. On quick serve restaurant (QSR) brands images got 136% more engagement than video and 182% more than text.

How are books looking like in the future? This is defintely a neat idea on how the future of massive text work could be looking like…

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The Future of the Book. from IDEO on Vimeo.

Social Media is about fans. Football as well. Just look at the power of fans in the stadium. Not virtual! Real! In paper and print!

Direct Messaging export – a missing feature in social networks?

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Some days ago, a Nielsen study said that in the US social network usage is more popular than email. This does not surprise me, when I think about Luis Suarez speech at the Web 2.0 Expo 2008 “Thinking outside the Inbox”. If we agree with him, then there is one feature definitely missing in social network…

How I came across this missing feature…
In my new job role I do a lot of business socializing which is quite normal when the business is done 90% with international business contacts. A lot of business brainstorming is being kicked off or happening on the fly and you don’t think where you communicate. Many of these conversations start via the direct messaging functionality -comparable to email communication- in social networks. Some of them end in nothing. Some turn out to be brilliant contacts which become interesting prospects. And suddenly these end up being leads or potential revenue drivers. And then there comes the problem…

Where is the direct messaging extraction functionality? Some kind of external saving or export module to save the content and communication? Not speaking of an “email archiving” technology?

If your business, or the business of the company you are working for, is meant to be compliant (and which is not today…?) how can you export a conversation that already started in a social network? OK, you could copy it, and send it via email again. Quite uncomfortable though, right…? Or you save all the emails that you get from the social network providers. A lot of redundant data saving…

In business networks like Bebo, XING or LinkedIn users are possible to export the database of their contacts in one go – … but not an email communication threat. Meaning, if you have had a good conversation and mentioned some kind of business critical data, pricing, or offering than you have to have the proof for tax or auditing service reasons – and ideally you can extract it in one go.

In my eyes, this is a missing feature that at least all social business networks should be offering. Don’t you think?

Study shows, Twitter is a real buzz-generator

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It is undoubted that the Twitter users are the most influential crowd of people. A recent research by ExactTarget discovers now the outreach of the influence that these people have. It goes well outside the micro-blogging platform into blogs, forums and even the living room.

In it’s fourth study of their “Subscribers, Fans and Followers” research series, ExactTarget takes a deeper look at what makes Twitter users a special community crowd compared to other online channels. The study shows that the news that the users grab from the micro-blogging platform don’t stay on Twitter.

The news are spread via the following communication channels…
– 72% publish blogs at least monthly
– 70% comment on blogs
– 61% write at least one product review per month
– 61% comment on news sites

“While the number of active Twitter users is less than Facebook or email, the concentration of highly engaged and influential content creators is unrivalled – it’s become the gathering place for content creators whose influence spills over into every other corner of the Internet.” Morgan Stewart, Principal, ExactTarget’s research and education group

Spot On!
The study also provides insight that daily Twitter users are six times more likely to publish articles, five times more likely to post blogs, seven times more likely to post to Wikis. For business it has to be stressed that these daily Twitter users are three times more likely to post product reviews at least once per month than non-Twitter users.

Interested to know if Twitter users really create so many reviews and ratings? What’s your view on this topic?

News Update – Best of the Day

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The latest Nielsen study makes us believe that email is loosing momentum to social media and games and comes in third place in web usage of the Americans. Not really correct, when you think of email communication being some integral part of games and social networks…

Ever wondered how long a b2b sales cycle from lead generation to sales conversion can be? Marketing Sherpa got the answer by asking over 1.000 B2B marketers… Yes, it takes LONG!

While the experts are still talking about the Old Spice interaction, this Australian campaign for the Cadbury Picnic chocolate bar sounds quite intersting. The audience had to eat a Picnic in a .30 sec commercial break, using mobile phones, webcams and handycams to create their own TV ads and setting it up here. In an Australian first, every single ad that went to air on television (200+) was unique. Naomi made me laugh…

The 3 types of social networkers that influence the buying process

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It’s been a rumour in the industry for quite a long time now: Facebook and Twitter are becoming indirect shopping platforms and their buttons can boost sales. A recent survey by the research firm Gartner Inc. discovered that most of the users appreciate and take suggestions from their friends through social networking sites before purchasing products. And furthermore, they rely on three types of social networking friends for their purchasing decision process.

The Gartner study asked nearly 4,000 consumers across 10 key markets. The interesting part is that people in the social networks are taking different positions inside the purchasing process when recommending products to people they are connected with. Gartner identifies three types of people and roups them into three categories: ‘Connectors’, ‘Mavens’ and ‘Salesmen’.

So, how do they differentiate from each other?
The ‘Connectors’ are defined as those who “perform a bridging function between disparate groups of people and enjoy introducing people to each other”. The ‘Mavens’ are “knowledge exchangers or information brokers”, who are experts in particular area and people go to them for advice. But they are not people who wish to convince people to buy certain items; they are more interested in acquiring new knowledge, it said. The ‘Salesmen’ are those, who have “extensive social connections” and the personality trait that persuade people around them to “act on information in highly directed ways”.

“Our survey results showed that one-fifth of the consumer population is composed of Salesmen, Connectors and Mavens. These are three roles that are key influencers in the purchasing activities of 74 per cent of the population.” (…) “Salesmen and Connectors are the most effective social network influencers and the most important groups for targeted marketing based on social network analysis.” Nick Ingelbrecht, Research Director, Gartner

Gartner advises companies based on the findings of its survey to pro-actively engage with these different types of people on social networking sites. Not surprisingly, they define these categories of social media influencers as the “critical, but underutilised, aspect of the marketing process” for the future.

“Companies attempting to use social networks should develop relationships with key customers over a period of time and progressively refine the social network profiles of those individuals.” (…) “Retailers who run small shops have instinctively done this with their best customers for years with the intention that these ‘VIP’ customers will not only buy the new products but recommend them to their friends.” Nick Ingelbrecht, Research Director, Gartner

Spot On!
For me, there is a strange thing about this study. It causes a Deja-vu, I have never had before in my life. Two years ago, I published and explained -in German- in a long post the importance of these three types of people in business networks for business decision makers, and how businesses should focus on them when talking about their social media approaches. And guess what: Two years ago, I came to the same conclusion and refered to the same types of people. In these days, I have read the book “Tipping Point” by Malcolm Gladwell for the second time. And in this book you will find the same categories of people, and you are told to rely on them and work with ‘Connectors’, ‘Mavens’ and ‘Salesmen’.

The main question is now, how to address these social networking influencers? Can you call them up and talk to them directly? Send an email? Invite them for dinner or lunch? What is the best way to start the conversation with them?