Oct 11, 2011 | Marketing, Social Media
Following on from yesterday’s post, on quantifying the value of social media, a couple of further thoughts.
Like any activity, it is crucial to undertake activity utilising social media in the context of achieving an objective, a commercial activity of any type is doomed to irrelevance without an objective against which to measure success, and learn how to improve.
Similarly, an effective plan requires that there be a logical, sequential series of activities that all play a role in the achievement of the objective articulated.
So, a three step process for achieving Social Media effectiveness:
- Acquisition. Where do yu expect the visitors to the activity to come from?
- Behavior. What do you want them to do while visiting?
- Outcome. What is the commercial outcome that you are looking for?
This this third leg, outcome, is the key one, and can be many things, but currently are usually centered around simple measures such as time on site, page visits, and purchase. However, these simple measures whilst useful ignore the power of the social media, its capacity to amplify a message, so a set of measures around the degree to which the message is “amplified” should be considered. The number of “likes”, comments, retweets, and similar measures of activity that “amplifies” a post are the real measure of social media effectiveness. This post by Avinash Kaushik, Google’s analytics guru offers some great thinking.
Oct 10, 2011 | Marketing, Social Media
Finding ways to quantify the impact of investment on-line has become a real challenge for management. A dollar spent on line is a dollar not available to be spent elsewhere, so the need for a quantitative base from which to compare apples and apples is substantial, and it keeps the beanies happy.
Google Analytics is a set of free tools that can be used to ferret out the information needed to optimise any site. Currently with 130+ standard reports, and lots of opportunity to customise your own reports, the tools are of enormous value to anyone running a site. Forget all the expensive optimisation consultants, just pay a web savvy student a bit to dig around and come up with opportunities to get more out of your web ecosystem, the site, bloggs, Twitter, Digg, Tumbir, Linkedin, and so on.
Here are some lessons put out by the experts.;
- This series of videos by Appsumo offers lots of tips in a very easy to understand manner.
- Social Media Examiner, perhaps the best site for gathering information on social media has this interview with Google’s Avinash Kaushik on the use of Google analytics in quantifying activity on the web, and is a must watch for beginners to pros.
- Avinish’s blog provides a beginners guide to web analytics, 10 easy things to do to assess the effectiveness of a website, but that is only the beginning of the insight that can be gained from his blog, another must read.
- And just in case you want more….
Point is, the tools for measurement are now there, Google has an enterprise quality set for free, so there is absolutely no excuse for not using them.
Oct 4, 2011 | Communication, Customers, Marketing, Sales
Dave Winer, one of the earliest bloggers, prolific web publisher, and a key developer of the RSS technology so many of us use daily, has made many pithy statements worth remembering, but I was reminded of one over the weekend as the silly GASP customer complaint “thingie” went viral.
Dave opined “if you don’t want me to slag off at your product, don’t have a shit product”. A retailer sells goods, but the service is a part of the offering to customers, so irrespective of weather or not a purchase is made, it is in the retailers interests to have them leave with a smile on their face.
The dresses at Gasp may be worn by so called stars, but the failure by the self proclaimed sales superstar to recognise that individuals can now extract a substantial revenge for poor service via social media should ensure his superstardom is exercised elsewhere, perhaps serving petrol at the local Woolies where he cannot do much damage to his employers brand.
Oct 2, 2011 | Customers, Marketing, Personal Rant
Earlier today, Sunday, about 4.45, just before the League grand final kicked off, I got a phone call on my mobile from Optus. Well, sort of phone call, it was an automated call, some recording telling me they had something important to talk to me about, and it would only take a few minutes. Once we got that far, the call was ended.
There are plenty of ways for Optus to connect with me, to market to me, after all, I have all my services with them, despite being “stiffed” recently by them, changing is all a bit hard, and the others are not any better anyway, so I just swallow hard. Like most of us.
These clowns spend millions on “marketing”, TV, radio, magazines, social media, spin doctors, franchising sales outlets, call centres, the whole 9 yards, but they clearly do not have any idea about marketing, they just know how to spend money on media.
Using an automated service to ring a customer and ask for his attention on a Sunday afternoon, any Sunday afternoon, but this one? to talk about “something important,” presumably to their revenue, beggars belief.
You could not make this stuff up!! How stupid can they be??
Sep 27, 2011 | Change, Marketing, Personal Rant
Am I the only one, or are others getting as sick as I am of the shallow, cliché ridden utterances of both sides of this “debate”?
The government is pushing their carbon tax, which will become law on July 1 next year, making the fundamental mistake of calling it a “Tax”, thereby ensuring they have a marketing problem, while the Opposition is opposing, anything, everything, while quietly using a nonsense 5% reduction in emissions to be derived from “Direct Action” whatever that is.
Irrespective of the position you choose to take on the question of what we should do about global warming, if anything, it would be nice to have some facts as a basis for the debate.
It is pretty clear that the planet is warming, the facts show that over the last years, whether you want that definition to cover 20, 50, or a 100 years, the globe is warming.
Now we have a fact to use as the basis of the debate, lets be a bit sensible about how much emotionalism we employ to push any particular barrow, and straying from the facts should be greeted with howls of outrage by the taxpayers who will ultimately bear the costs of the implementation.
Oh, and this condemnation of the quality of the political debate, not just in this country, but in many countries is much wider than the question of climate change, just look at how effectively our elected leaders are grappling with the economic meltdown of the US and Europe. As Charles De Gaulle is reported to have said, ” I have come to the conclusion that politics are too serious a matter to be left to the politicians”.
Sep 23, 2011 | Communication, Customers, Innovation, Small business, Social Media
Ask a SME manager in packaged goods, “would you like a phone call from Woolworths ordering stock of your new product for every store in the country?” and you will most likely get a tear with the nodded head.
Enter the “Orabrush” story, they got the call from Walmart without any of the usual begging.
There are many hurdles for SME’s in the packaged goods industry to jump before distribution in the major retailers can be obtained, and then the problems really start, because SME’s lack the resources to move the product off shelf before the trial period runs out.
Social media has helped over the past couple of years, you now have the opportunity to reach highly targeted groups of consumers, and deliver them a message, but generally it has not helped much to get the product on shelf in the first place.
Orabrush really broke the mass market model with a product I still find odd, but great creativity and lateral thinking combined with social media has turned the product into a hit, and can now be found in Walmart stores around the world
Have a look at the Youtube ads in the link, gems.
