On the social web visibility is everything – but how to create visibility? Denise Wakeman tells us three steps how to get started strategically…
What will social media marketing look like in 5 years? Louis Gray, Silicon Valley blogger, shares his thoughts:
“This practise of social media marketing is going away… – social media marketing is going to fade into the background, it will continue to be a huge element of the success you will have as you are growing your company. But it is becoming core marketing, core business development and just be there like air!”
The FIFA-Worldcup 2010 in South Africa is about to be kicked off in some days. Here is a collection of some really cool new commercials for one of the bests events this year. Nice collection by @farbwolke.
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Manche mag es nerven, wenn im Social Web permanent die Rede vom Kulturwandel ist. Andere leben diesen Kulturwandel, erfinden neue (Job)Titel wie den Personal Web Manager. Grant McCracken benennt in seinem (nicht mehr ganz neuen, aber sehr aktuellem) Buch eine moderne “Stabsstelle” in Konzernen danach: Chief Culture Officer.
In seinem Buch (und im Kleinen in diesem Videointerview) geht McCracken darauf ein, wie Firmen den Chief Culture Officer finden sollen, um weiterhin an vorderster Kundenfront den Puls der Zeit zu erkennen, und wie Kunden Marken mitgestalten können.
Die Person des Chief Culture Officer kann es derzeit sogar in unvollendeter Form schon geben. McCracken bezeichnet diese Personen als “Cool Hunter” oder “Guru”. Eine Art Visionär, dem es aber noch am tiefergreifenden Verständnis für den wandelnden Kulturanspruch fehle. Dieser dreht sich darum, was der Menschheit wichtig ist und was sie für ihr Leben benötigen.
Persönlich finde ich seinen Vergleich des alten und neuen “Marketing-Auftrags” interessant.
Alt: “You load up the canon. You come up with a simple message. You say it as often as you can, as load as you can until the dimmest person in the world understands that’s…”
Neu: “That’s just irritating for everyone. What we want instaed is something closer to conversation. And the buzz word that people are now usinmg is the social co-creation. If you want a vital animated brand, if you want to bring in people like this guyin the spot we just saw to help co-create that brand (…) so what you do is you send them of.”
Konzerne, die dem Kulturwandel einen Schritt näher kommen wollen, sollten sich das Video in Ruhe ansehen – und sich mal Gedanken darüber machen. Und idealerweise ihre Meinungen dazu mit uns teilen…
The privacy debate in connection with social networking and 2.0 software is sometimes misinterpreted. A new study by researchers at UC Berkeley and the University of Pennsylvania shows that younger adults watch their private data, especially when companies want get hold of those data. The key findings are that…
82% of respondents ages 18 to 24…
84% ages 25 to 34…
85% people 65 and older…
refuse to provide information to a company because they thought it was too personal or not necessary.
The study result shows that young adults are clever enough to distinguish between private and private information. They still take care of their privacy in terms of credit card number, passwords, phone numbers, etc. On the other hand, they provide through applications data-entry for millions of companies for free. So, do they really care about their privacy as the headline suggests?
Finding a list of b2b marketing strategy ebooks is a challenge. THX to Jon Miller who created a fantastic list 16 relevant and high-quality ebooks end of last year.
Understanding the power of viral advertising is understanding the power of the social web. Good commercials will stay being a powerful tool in social networks. The brands can only profit from it… no matter if the commercial -like this one from Ford- is four years old. If it is cool, it will be valued good for a long time!
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About a year ago, a Robert Hall study showed that 55% of CIOs don’t allow the access to social networking sites like Facebook and Twitter. This year’s study shows that the IT policies are changing to stricter guidelines…
– 38% have implemented stricter social networking policies regarding personal use of social media sites
– 15% have become stricter regarding business use
– 17% have become more lenient
Strategy& published its “Marketing Media Ecosystem 2010” report which sees a significant necessary change away from a “traditional marketer/client – agency – media company structure” to an economy that needs to change the pace of adopting new marketing tools towards a new marketer to end user relationship.
The key findings show the relevance of reference marketing…
– 88% agree the speed of marketing execution will become more important due to digital
– 80% believe insights into consumer’s digital behavior and related targeting will become more important
– 55% of users see consumer recommendation more important than pur brand knowledge
– 59% lack sufficient experience with digital/online media
– 51% do not have adequate senior support for digital
This commercial from Jack Rabbit Beer might be made for male humor. But it is more the chronology of the narrative time that makes it funny.
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Those who see and embrace the modern social web world will understand the 7C’s by Umair Haque, Director of the Havas Media Lab.
“Social media strategy fits inside a marketing (business, corporate) strategy, and is shaped by it. Social strategy fits outside business and corporate strategies, and shapes them. Social strategies are about rewriting the logic of the industrial era entirely, shifting gears in how we think, envisioning a broader, more powerful, more challenging use of social tools. They are about developing the capacity to understand an organization’s role in society, and how to play a more constructive one, wielding sociality as a source of advantage — by acting radically more meaningfully than rivals. Social strategies are about reinventing tomorrow.”
These words correspond as a long version format with the interview I have given to the Internet World some months ago (German only).
In order to improve your online sales tactics, here is a clear cut approach by TJ McCue how to improve your website sales efforts. He shows us some good and bad examples of online sales communication.
This funny insurance commercial from the Bangkok Insurance is excellent. It is showing the probability (0,00000001%) that your next unexpected accident or thunderstorm will not end without the need of an insurance company…
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Most companies wonder how the purchase funnel looks like when consumers evaluate products they think about buying. A recent study from ATG helps: 30% of consumers reach out to more than three commerce channels to research a product and make a purchase. This shows that retailers and merchants need a broader cross-channel approach to boost sales and enhance customer purchase decisions.
The consumer study found that more than three-quarters of consumers use two or more channels and nearly one-third work with even three or more channels to research and purchase products. While we have all expect that mobile use and social media find their way into consumers’ online commerce activities, it is surprising that traditional catalog channels are still popular.
“Merchants have heard the call for a stronger cross-channel strategy for many years, but what has been lacking is a deeper explanation about why this is so important. We are seeing a multi-channel revolution now, with a vast majority of consumers using multiple channels and now almost one-third actually relying on three or more channels to complete transactions. Retailers must direct their energy toward fulfilling the unique role and sales potential of each channel. This research illuminates the expectations consumers have for the Web, call centers, the store, catalogs, and email.” Nina McIntyre, Senior Vice President Marketing and CMO, ATG
The key findings of consumers’ cross channel experiences…
– 78% use two or more channels to browse, research and make purchases; 30% said they use three channels or more
– 78% of all consumers say they use catalogs to browse and research products or services at least four times a year BUT 40% of those consumers never purchase products or services through catalogs.
– 43% start their research online or with mobile devices. BUT They need to call customer service or call center representative to complete the transaction because the product or service information cannot be found online!
– 39% browse via the online or mobile channel and then make purchases in the store because they prefer to touch and feel the product – reason for 36% is product and brand comparison
Interesting findings on mobile commerce (emphasis on the 18-34 age)…
– 27% of all consumers 18 and older use their mobile devices to browse or research products and services at least four times a year, and that number jumps to 41% for the 18-34 year-old age group
– 13% of all consumers 18 and older and 23% of the 18-34 age purchasing at least four times a year via their mobile devices; 8% of the later are doing it weekly
Spot on!
The study highlights how important it is to link online and offline sales communication and give the customers the same purchase service in multiple channels. It will always be difficult to understand where customers make their final purchase decision and where they finally buy though. This additional study by Google underlines the trend for an offline and online purchase decision mix. One things is for sure again: The need for more awareness around the incorporation of commerce activities in social networking sites like Facebook, MySpace, and Twitter is gaining momentum.
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In the last four weeks, some of the users of The Strategy Web might have seen a small icon on the right hand side of my blog called ‘SocialSpace’. You might have wondered what it is. Or how to use it. Here comes the answer. Now, that the team around the eblizz founders, Jeanette Okwu and Martin Wawrusch, has completed the integration of the social software tool, I will introduce you to a technology that I would call the next social shopping extension for future business.
Social networks are on an all-time high. Corporate websites and shops loose out on traffic and referential linking as people start talking, connecting and linking via social networks like Facebook, Twitter or other social networks. SEO doesn’t work here as closed front doors don’t allow access for SEO tactics. And with the massive rise of social networks, especially Facebook, the question comes up how to bridge the lack of a connection between social networks and homepages or shops.
eblizz offers this solution. It brings social networks and brands together. In a way that social Networks become an integral part of brand websites – be it homepages, shops or blogs. For now, eblizz starts with Facebook – but Martin told me, other networks will follow.
With eblizz users can interact with their social networks without leaving branded sites. Content can be shared with friends on Facebook. Users can immediately comment from the website they are on. Or store products visually in ‘The Shoebox’ and keep it for later purpose or use. Content can be, or as eblizz calls it, has to be ‘liberated’
What is the benefit of eblizz? Business perspective Think about it. Prosumers create masses of content on the social web. Consuming that content, prosumers realize that brands become more and more exchangable. This causes problems for companies. They need to increase efforts to make their brand get heard. So ideally, companies make use of recommendation marketing to use the buzz of their brand fans.
User perspective Consumers often find things like nice products in online-shops. Or great music. Or funny videos. Or great pictures. And they want to recommend this to friends they are connected with on social networks. Today, it is impossible to take your friends from homepage to homepage, and easily share that content via a social network with one click.
Imagine your Facebook friends follow you from website to website. And, when you want to recommend something to them, you don’t have to change browser windows. You don’t have to cut-and-paste content. You just drag and drop it to the relevant person. Watch the short explanation and tell me if this isn’t really cool…
Companies pay a fee to get their websites eblizzed – no matter if it is a shop, a homepage or a blog. Their sites will be defragmented like a cake. This makes it easy for prosumers to share and recommend relevant pieces of content of a website: videos, links, pictures, etc.
Once a site is eblizzed, users find a button called SocialSpace – the button I started talking about at the beginning. The user logs in with on the question-marked face with their social network account. The SocialSpace opens up in a small picture on the website they are on. The users see their profile, the friends and updates immediately. They can also search for friends. And, they can immediately interact with their social network friends.
Users can even ‘bookmark’ interesting content in their Shoe-Box. The Shoe-Box is a place for personal content belongings. Here the users keep very special things in their SocialSpace. Maybe to recomment or remember a product or present for a Christmas or birthday in the future.
eblizz offers a next generation website customer service. eblizz integrates social network interaction in companies websites. And eblizz will become the driver of social commerce efforts by enabling engagement and brand buzz.
“Prosumers” create masses of content on the internet, including blog posts, product reviews and ratings. Producing all that content, prosumers begin to blur the lines between brands, making them more interchangeable. Not good for individual brands. That’s why companies need to increase efforts to distinguish their brand from all the rest. One way is to capitalize on “recommendation marketing” — build the buzz created by their brand fans. eblizz can help.
And here is how it works…
Consumers often discover products that they love online. And great music, funny videos and awesome pictures. They want to recommend them to their social-network friends. Today, it is impossible to take social-network friends from homepage to homepage, and easily share that content via a social network with one click. This is a universal social web problem!
So, imagine your Facebook friends follow you from website to website. And, when you want to recommend something to them, you don’t have to change browser windows. You don’t have to cut-and-paste content. You just drag and drop it to the relevant person.
eblizz was created to make things easier for anyone who wants to recommend content, product and services to any or all of their social-network friends. Websites and blogs sign up to get “eblizzed”. The fee seems very reasonable. Once a site is eblizzed, a button appears on the site’s homepage called “SocialSpace.” When a user logs in with their social network account information, Facebook for example, the SocialSpace opens up into a small picture that displays the user’s Facebook profile, Facebook friends (and their pictures!) and updates that are happening on facebook right from the website the user is on. The user can then drag and drop anything from the website right onto the Facebook page of any or all of their Facebook friends.
The user can also ‘bookmark’ interesting content from the website by dragging into their “ShoeBox.” This content stays in the Shoe Box for the user’s later use, can be edited and also shared.
Spot On!
So for me, the reason for a website to get “eblizzed” is simple. eblizz integrates social network interaction for all the users who visit a website, making it easy for them to recommend and share the website’s content. That’s how eblizz helps companies distinguish their brands. What is your take on it? Maybe you want to test it with my eblizz SocialSpace button? Drag and drop me your best videos on advertisement, funny pictures, shopping tips or cool texts. Looking forward to it!
And sure, let me know what you think about eblizz…
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A recent study by Irbtrax, a SEO Internet Marketing firm, tries to determine which platform is the best fit for a particular business application or niche. So, the results of the study is not saying the one or the other is better, but the results give some good basic orientation for marketeers.
Category 1: Traffic ranking and user metrics
Traffic Ranking US and Global traffic ranking:
Facebook 2 – 7 day average daily time on site by users: 32.2 minutes
Twitter 12 – 7 day average daily time on site by users: 7.8 minutes
Facebook has the lead due to its sheer size, traffic volume, and time on site.
Category 2: Online destination for potential clients in the B2C market
Facebook offers more potential as of the option to include photos, detailed information, multiple outbound links, videos, and other business to consumer apps. The study states it is easier to build a larger network of followers in the shortest amount of time to help market a consumer product or service.
Category 3: Online destination for potential clients in the B2B market
The advantage is on Twitter as it provides more viral marketing flexibility while requiring less followers. Viral Marketing is a core business to business social media application for service recognition and other benefits. Popular industry related tweets are redistributed creating a domino effect even if you don’t have thousands of followers.
Category 4: market research benefits
Again Twitter shows more potential. Its search features can be efficiently used to monitor what people are saying about a company, service, product and competitors. Increasing or declining trends can be tracked effectively as well.
Category 5: internal viral marketing benefits
Facebook is top as it’s much easier to build a larger following. Plus, Facebook ‘wall’ feature is much more interactive than Twitter’s internal communication features.
Category 6: external viral marketing benefits
Twitter offers a greater external internet reach – no front door. Google’s ‘Real Time’ search feature often streams live tweets. A comparison of the number of tweets an independent article/release receives verse the number times they are shared by Facebook accounts appears to strongly favor Twitter.
Category 7: Use of each platform for direct internet communication
Facebook offers an instant message feature which allows you to communicate with other users globally.
Spot On!
The study concludes that in order to maximize your social media marketing results companies ideally create a presence on both. And I am happy that a study mentions this: Which platform a company engages first, or where to spend the most amount of available time or budget depends on your customers!!! Businesses should be checking their web-analytic metrics to apply the findings to your target group, and evaluate the potential and strengths of each platform.
Ellen Davis interviewed Julie Bornstein (Senior Vice President, Sephora) about the ROI of social media – an interesting case study of a successful retail brand.
The new Apple iPad commercial shows all the features of the product in 30 seconds and with it the future of “infotainment” – and why it is better than Kindle and the likes.
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In the last months, all social business networkers on LinkedIn have shared the same experience. They have received different invitations from people all over the world with the following invitation text…
“I’d like to add you to my professional network on LinkedIn.
– Surname Name”
Short, targeting, and easy to understand – for everybody all over the world. Hmmmm….?!
This raises some questions in my head on the importance of invitation texts. And I would appreciate your views and get some feedback of people who also use LinkedIn for social business networking.
Personalization
Is it ok to use the standardized version of the invitation text by LinkedIn? We are all marketers and we know that personalization is key. So, isn’t it better to re-phrase the standardized text version and write a short PERSONAL message?
Curiosity
If somebody is not writing a personal message, is it a sign that this person wants me to respond to him/her, and ask WHY this person wants me in his/her business social network? Even think about the impact on playing a psychological game on hierarchy thinking. Or is it just the peek a boo effect? Or is it just a hunters and collectors business?
Test
If somebody leaves the standardized personal message, the contacted person might think this is a TEST on his/her social networking capabilities. So, companies might check how serious job applicants take social networking, how quick potential employees respond, or how much somebody is engaged in social media in general. Or just to test if this person understands effective lead generation?
Spot On!
Should not LinkedIn change its service? The one who is contacted cannot see what the contacting person has ticked in the box in terms of the business relationship, he or she is referring to.
What is your view and experience on invitations by social networks – especially from a business perspective.
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On the social web visibility is everything – but how to create visibility? Denise Wakeman tells us three steps how to get started strategically…
