Marketech 09; marketing and technology

Marketech‘09Marketing Technology & Social Media
The MarketingSavant Group
www.marketingsavant.com
888.989.7771
dana@marketingsavant.com

If you don’t like change,
you’re going to like
irrelevance even less.
General Eric Shineski,
Retired Chief of Staff, U.S. Army

Level-Set on Social Media & Marketing Technology
What do YOU think marketing technology & social media is all about?
What are you doing with social media & marketing technology today?
What do you expect to be able to DO with social media?
How should success LOOK, FEEL and SOUND?

About The MarketingSavant Group
The MarketingSavant Group is a specialist company that focuses on developing our clients into the preeminent thought leaders and trusted advisors in their industry. Through our thought leadership marketing approach and deep experience in digital and social media marketing we do extraordinary work for B2B clients to move your entire organization beyond the competitive realm and into the unique niche of industry thought leader. We focus on genuine organizational transformation through marketing, innovation, intellectual capital development and not on producing a campaign that’s merely a quickly forgotten flavor-of-the-month tool.
MarketingSavant helps clients leverage thought leadership and social media marketing through precise strategy development, targeted user-centric research, expert resource engagement for content creating and distribution, all using our proprietary Thought Leadership Marketing methodology.
Like the thought leading clients we work with and in the spirit of the social media tools we employ, MarketingSavant is a transparent, honest, professional, credible, driven, responsive, hard working, open-minded, and results-oriented team that serves our clients with the utmost integrity and respect and treat their business and success as our own. Our value-forward approach means that our first priority is delivering wisdom to our clients and prospects to make us all better marketers and servants to the customers who trust us.
We formed MarketingSavant to work with ethical, intellectual, innovative and challenging clients in the Business-to-Business market sector. Our approach and our philosophy are to always put altruism before capitalism. We do well by doing good, and we like to work with clients who share our philosophy.MarketingSavant’s offerings range from thought leadership strategy development, training and workshops, campaign management, customer community development and anything else that helps to position you as the preeminent thought leader in your industry. Contact us if you’re interested in become your industry’s thought leader!

Media evolution: The Long View

Social Media Mining, Buzz Monitoring, Customer Listening
The marketing mix has moved from a “monologue” model to one of dialogue and conversation.
Marketers can listen to the customer by tuning into their frequency in newsgroups, blogs, podcasts, and social media sites.

It’s Time to Stop Shouting
Only 18% of TV ad campaigns generate positive ROI
90% of people who can skip ads do
76% of consumers don’t believe that companies tell the truth in advertisements
100% - The increase needed in advertising spend to add 1-2% in sales
96% of Millennials have joined an online social network

Internet- and mobile-based tools for sharing and discussing information.
Activities that integrate technology, telecommunications and social interaction, as well as the construction of words, pictures, videos and audio.
Social media offer ways to exchange information through the use of a few clicks or uploads.
What Is Social Media?

Social Media is About ROI!
The relationship is apparent and significant: socially engaged companies are in fact more financially successful. So now we know it pays to be social, but it is important to note that by “social,” we’re talking about deep engagement, not merely having a presence. (Altimiter ENGAGEMENTdb study)

Community ROI
Decreased cost of customer retention
Higher purchase amounts by community vs. non-community (30%)
Higher frequency of purchase by community
Lower cost of customer service (repeat customer familiarity)
Increased customer satisfaction
Decreased cost of acquisition (advocacy driven)
Lower cost of product development (using feedback loop)

Monitoring Social Buzz:
Marketers are known for talking, not listening.
By monitoring the online conversation happening in blogs, forums, social networks and other social media channels, businesses can bring the voices of their customers directly into their marketing departments.
People are talking through blogs and social networks. These discussions influence consumer attitudes and behaviors.
Marketers must be in touch with the buzz about their business.
Consumers want to talk to consumers. They don’t trust marketers; they trust each other.

Twitter, Microblogging& The Statusphere
Microblogging allows the subscriber to broadcast short messages to other subscribers of the service.
The appeal of microblogging is its immediacy and portability.

How Marketers Are Using
Microblogging:
To establish contact between an organization’s staff and customers, giving the company an aura of being human and approachable.
Sales.
Promotion.
Creating customer relationships.

Leveraging Microblogging:
Monitor your industry and competitors.
Track conversations about companies and their brands.
Grow sales. (Giveaways, Sales, Promotions)
Enhance customer service. (Interaction with customers and potential customers)
Expand communication with stakeholders via links to blogs, web sites or other sources of information.

Blogging
A contraction of the term Weblog.
A Web site, usually maintained by an individual, with regular entries of commentary, description of events.
May contain text, graphics, video or music.

Establish authority.
Converse with customer base.
Search-related benefits.
Instant feedback, reciprocity and commitment.
Easy syndication with RSS.
Why Marketers Blog:

Companies that blog get 55% more visitors to their website
Companies that blog 97% have more inbound links
Companies that blog have 434% more indexed pages
HubSpot
Just the facts…

Creating an Effective Blog:
Create an authentic blog personality. Let your real voice shine through.
Comment on other blogs to leave a footprint back to your own.
Keep it simple. Don’t get caught up in the length of your posts. Make them interesting and valuable.
Allow comments. Comments create the viral effect by allowing readers to interact with you.
Ask for action.
Provide unique content that makes your blog a destination for the user.

Facebook
A social networking Web site.
As of Jan. 4, 2009, Facebook had more than 42 million users in the U.S. alone.
200 million active users and more than 100 million of those log on to Facebook at least once each day.
Two-thirds of Facebook users are outside of college age.
About 30 million active users currently access Facebook through their mobile devices.
Source: Facebook

Best Practices for
Marketing in Facebook:
Assign a specific person to create and manage your organization’s Facebook page.
Promote your Facebook Page outside of Facebook to attract more fans.
Post new information, photos and videos regularly to keep it fresh. Consistent activity and active sharing are critical.
Promote events.
Conduct polls.
Create a marketing strategy for Facebook so you attract fans.

LinkedIn
LinkedIn is a business-oriented social networking site founded in December 2002 and launched in May 2003 mainly used for professional networking.
39 million registered users spanning 170 industries, as of May 2009.
The largest business networking community online.

Include a photo. Pictures aid recall when you’ve met face-to-face. People with pictures are more likely to be contacted.
Use your customized LinkedIn URL as a signature when you leave comments in business or industry-specific blogs.
Optimize labels. Add your Web site, blog and other relevant URLs to your profile.
Make or obtain recommendations regarding your business peers, vendors, associates and others with whom you do business.
Join groups related to your industry and participate in the discussions .
Tips for using LinkedIn:

Social Networking Environments
Use of social networks grew 25% from June 2007 to June 2008.
An increase from 0.46 to 0.58 billion.
myspace.com is a social networking market leader with 72% of market share.
Facebook.com has 16.91% of market share.
MyYear.com has 1.54% of market share.
Tagged has 1.08%.
Bebo has 1.05% of market share.
Source: comScore)

Video Sharing
YouTube gets the majority of attention in the online video space.
Much more to video that drives its efficacy for marketers.
Viral video is another way to reach an ever fragmenting group of consumers.
More than a 100-fold increase in the number of videos viewed on YouTube since the end of 2005.
Videos are powerful tangible artifacts that show up in Google’s blended search results.

Make sure video has a relevant message.
Avoid the typical marketing or sales pitch video to build trust and credibility.
Put the video on the video sharing site as well as your own website or blog.
Make the video easily “shareable” –easily emailed or posted to different social media sites.
Create a viral launch. Place the video on blogs, the media and your network at launch.
Tips for using Video Sharing:

Email
91 percent of U.S. Internet users have gone online and sent or read email.
56 percent do this as part of a typical day.
Source: Pew Internet and American Life Project, March 2007

Include:
a call to action,
easy-to-find contact information,
links to your company’s Twitter account and Facebook page.
Make it easy to subscribe.
Don’t waste the subject line. Use attention-getting headlines.
Use a direct and professional tone, like you’d use in a face-to-face meeting.
Clearly state the purpose and value to subscribers.
Keep messages short and sweet.
Respect the audience’s time. Do not send messages too frequently.
Offer something unique to the email audience.
Tips for Building an
Email Marketing Campaign:

Automated email (autoresponders)
A computer program that automatically answers email sent to it.
Often used as email marketing tools to immediately provide information to prospective customers and follow up with them at preset intervals.
The most basic reason to use an automated e-mail is to follow up with customers who have taken the time to reach out to you.

Write to emphasize benefits, not features.
Answer “what’s in it for me?”
Keep messages short and sweet.
Keep the beginning and end very strong and on-point.
Do not use a variety of fonts, images and pictures. Keep it clean and simple.
Include a signature line containing all your contact information.
Tips for Using Auto Responders:

Social Media Optimization
Optimizing a site to be easily linked to, more visible in social media searches on custom search engines (such as Technorati), and more frequently included in relevant posts on blogs, podcasts and vlogs.
A set of methods for generating publicity through social media, online communities and community Web sites.
The merging of traditional media, search engine marketing and social media marketing.

Look at the target audience:
What type of relationship do you want to build with them?
Where do they currently get their information?
How do they engage with that information and each other?
What are they are ready for?
Getting Started with SMO:

Increase your linkability.
Make tagging and bookmarking easy for readers.
Make your content portable and syndicate it.
Encourage mashups and content co-creation.
Be a useful resource.
Participate. Join the conversation
Know how to SMO for your audience. Know where your tribe is.
Create great content .
Increasing Your SMO:

Digg, Del.icio.us, YouTube, Newsvine, Stumbleupon, Wikipedia, Flickr, MySpace, Reddit, Spurl, Blinklist, Shadows, Simply, Yahoo Answers, Ning, 43 Things and Frappr.
Sites to use for SMO:

Widgets and Gadgets
Small applications used to meet computer users’ specific needs by providing quick access to Internet sites:
desktop utilities, such as to-do lists, calendars, clocks, weather, games, entertainment.
tools, such as system resource monitors or application launchers.
Typically, a tiny window on the user’s desktop or Web page.
Also referred to as gadgets, badges, capsules, gizmos, minis, modules, plug-ins or snippets.
Source: MarketingSherpa

Widgets work at the intersection of an acute need for specific information and an accessible source of valuable data.
Widgets should not be complicated or too sophisticated.
Value lies in their simplicity and ability to deliver acute, highly-relevant service or information.

Photo, Slideshow and Media Sharing Environments
The publishing or transfer of a user’s digital photos online, enabling the user to share them with others (whether publicly or privately).
Appeal is in the free or low cost means of sharing photos and ease of incorporation into personal blogs and Web sites.
Flickr, SlideShare, Photobucket, Piczo, SmugMug

Honorable Mentions in Marketing Technology
iPhone / Smart Phone Applications
Internet Protocol Television (IPTV).
Internet Protocol Television (IPTV).
Mobile Marketing.
Virtual Worlds, Second Life, Avatars.
Podcasting .
Mashups.

Marketech‘09Marketing Technology & Social Media
The MarketingSavant Group
www.marketingsavant.com
888.989.7771
dana@marketingsavant.com

Marketech 09; marketing and technology

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