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Highly Recommended:
Putting the recommendation
at the center of the B2B
marketing mix
               February 13, 2013
Traditional Marketing is Dead




  “Marketing is dead,” says Saatchi & Saatchi
  CEO. The chief executive of one of the world’s
  largest marketing groups has today declared
  that marketing and strategy are dead.




                                         2
Initial considerations for building
a highly recommended B2B business…



  “A brand is no longer what we tell the
       consumer it is; it’s what the
     consumers tell each other it is.”
                       -   Scott Cook, Intuit


  “Success is no longer about
   carefully controlled messages.
   When everyone can see what
   you're doing, the most essential
   values are transparency, honesty
   and credibility. You win by
   matching your image with
   reality, acting with integrity, and
   sincerely apologizing when
   you're wrong.”



                                                3
Marketing budgets – both B2C and B2B – are increasingly
being redirected to WOM and social media…


•   In a recent CMO survey, 40% of respondents said will shift 20+% of their
    traditional direct marketing budgets towards funding social activities.

•   A leading marketing research organization (Hubspot, 2012) states that
    the average social media budget has nearly tripled in the last three years.



             How much budget do your see
                shifting to social media?




                      Source: The CMO Survey, Duke University, September 2011




                                                                           4
…and the value of WOM and social media are
increasingly recognized across the enterprise



 Social media is moving beyond
 the realm of marketing and
 communications, and is
 becoming a way of doing
 business.

 HR/recruiting, IT, product
 development, investor relations,
 customer service and sales are
 all adopting social media as a
 way of evolving their functions
 to better align with how people
 now interact.




                                    5
in fact, many successful B2B companies now put WOM
and social media at the center of their marketing mix…



                                                      Media Relations




                                        Research &                      Digital/ Social
                                       Measurement                          Media



Making your integrated
marketing more talk-
able, sharable and                                     Word of
                                                      Mouth &
engaging is the reason      Partnerships &
                            Sponsorships               Social                          Advertising


for putting it at the
                                                       Media
                                                      Marketing
center of the marketing
mix.
                                        Community
                                                                          Influencer
                                        Relations &
                                                                           Outreach
                                           CSR



                                                      Entertainment
                                                        Marketing




                                         6
While many B2B brands now have robust social channels,
they struggle with how to fully capitalize on the opportunity


                         The power of the recommendation is
                           increasingly well established…


                        100
                         90
                                                        The 2012 Nielsen
                         80                              Global Trust in
                                                       Advertising Report
                         70
                         60                             Recommendations
                         50
                                                           Television
                         40
                               2007        2011              Radio




                     …and positive brand recommendations are
                    the fuel that drives sustainable B2B business
                                         growth

                                      7
Becoming
Highly
Recommended




              8
We’ve discovered a distinct path to
building brand recommendations

                                    Make your business the most talked about,
                                          recommended, and chosen
                                        Know where and how your brand and competitors are
KNOW                                    talked about and recommended

                                        Develop comprehensive brand strategy, articulate
PLAN                                    story, and recommendation reasons


                                        Identify the people whose recommendations influence
IDENTIFY                                purchase decisions


                                        Activate by creating compelling experiences that
ACTIVATE                                engage customers in a relevant manner


                                        Protect your brand by identifying and neutralizing
PROTECT                                 negative voices and misinformation


                                        Measure continuously to evaluate program success and
MEASURE                                 ROI, then adjust to capitalize on conversation changes
Proprietary & Confidential © 2012 Zócalo Group, LLC                                              9
Develop a clear and purposeful story of how you want
1   people to talk about and recommend your brand.




                                    A simple question that
                                    needs to be answered:

                                    • How do you want to be talked
                                      about and recommended ?

                                    • Buyers have choices. Why
                                      would someone recommend
                                      your brand over another?




                               10
2   Live Your Brand




• If you want to be
  recommended as a
  dependable business
  partner – make sure you
  are one

• Focus energy on
  owning that role and
  not ceding it to any
  competitors.




                            11
Be Human, Transparent, and
3    Live Up to Mistakes Quickly




• Brands will occasionally veer off
  course and make mistakes.

• Well managed brands can be
  undone in astonishingly short
  order.

• Own it when you or your brand
  goofs up. Fix what you can and
  ask forgiveness when needed.




                                      12
4   Stay engaging and interesting




• Marketing success used to be defined by how well we could interrupt
  consumers. Success today is based on how well we engage our
  audiences before, during and after the sale.

• Spend 90% of your time on your social channels listening, paying
  attention and engaging with your consumers on their terms.
  Spend 10% of the time talking about yourself.
                                    13
Regularly evaluate and evolve –
5   but stay true to your core
    Discover New Innovation




     Launch New Product               • Markets change and
                                        brands must always evolve

                                      • Take time to ensure that
                                        you’re beingrecommended
                                        in the ways that you want

                                      • Take ownership of your life
    Develop New Branding                and your brands. Don’t let
                                        these changes happen by
                                        accident




                                14
Platforms we’re watching now…




                                15
Case Study

       Dell Trade Secrets: Implementing a Global Social Media Influencer
                             Program Among SMB’s
                                                             SOLUTION
  CHALLENGE                                                 Out of the understanding that SMB owners look to
 Drive word of mouth and product recommendations            peers and experts as the “secrets to their
 during the launch of Dell’s new Vostro V130--a             success,” the Trade Secrets campaign was born.
 sleek, lightweight laptop designed specifically for
                                                            Focused on peer credibility, Trade Secrets set out
 on-the-go small business professionals--within
                                                            to create authentic online conversation about the
 SMB markets in the U.S., U.K. and Germany.
                                                            Vostro V130 by identifying and engaging the right
                                                            global influencers, and distributing product for
                                                            hands-on trials across the U.S., U.K. and
                                                            Germany.




                                                       16
Case Study

        Dell Trade Secrets: Implementing a Global Social Media Influencer
                              Program Among SMB’s
 GLOBAL TACTICS
  Influencer Outreach
  Reach experts in                              RESULTS
  technology, Productivity, Business
  Travel, Social Media and                     The Trade Secrets campaign exceeded all
  Entrepreneurship.                            target metrics and successfully initiated a
 Trial & Reviews                               global dialogue between SMBs and
 Drive awareness and interest                  Dell, helping to reinforce the brand’s
 around the new Vostro V130
                                               commitment to small business growth and
 through product reviews by SMB
 experts.                                      success.

 Product Giveaways:                            The program achieved over 5M social media
 Generate online campaign                      impressions (250% over goal) and was
 participation by offering                     recognized by the Forrester Groundswell
 opportunities to win a Vostro V130            Awards for Excellence in B2B Marketing in
 – via Tweet Chats, event                      2011.
 participation, and more.

 The Dell Network:
 Develop an online platform to connect
 SMB’s and showcase their experience.

 Global Social Activation
 Create a consistent and open
 dialogue across key social
 media channels.
                                         17
Zócalo Group’s unique approach

develops and manages
sustainable social media
marketing, word-of-mouth, and
digital campaigns that drive sales
through brand advocacy and
                                                                             92% of people say that the
recommendations.                                                             recommendation from a friend, family
                                                                             member, colleague or expert is the
                                                                             single most powerful determinant of
                                                                             their purchase decision.
                                                                                                  – Nielsen / Roper Reports

                       Proprietary & Confidential © 2012 Zócalo Group, LLC
                                                                                                                   18
who we are



              It’s pronounced                                                         Omnicom’s Premier Social Media
                 ZO-kahl-oh                                                          and Word-of-Mouth Marketing Firm

   In Mexico, it translates to “Town Plaza” or                                            Freestanding Division of Ketchum
           “Conversation Square”




    Chicago HQ, Global Capabilities                                                             Diverse Experience
                                                                                       We serve B2C and B2B clients across a
Fully integrated online/offline marketing efforts                                       broad range of industries, including:
                 Co-author of the:                                                    Food, CPG, Entertainment, Automotive, Financial
         2010 Hispanic Social Media Guide                                           Services, Retail, Non-Profit, Technology and Telecom




    Recognized Industry Leadership
    Social Media Week Chicago - City Host                                               A Mission That Differentiates Us
     Forrester Groundswell Award for 2011                                                Zócalo Group has a singular focus:
  Finalist 2011 Holmes Report Global Digital /                                      “To help our clients become the most talked
            Social Agency of the Year                                                 about and recommended brands in their
                                                                                                     categories”



                              Proprietary & Confidential © 2012 Zócalo Group, LLC
                                                                                                                                           19
Consumer Behavior                                                    Relevant Programming
Deep understanding the consumer,                                                    Experience driving measurable
       social and buying behavior                                                   advocacy in B@B focused
                       of women                                                     companies

          Integrated Approach                                                           Existing Relationships
 Solid track record of working                                                          Existing strong influencer
collaboratively with client and                                                         relationships and partnerships
     integrated agency teams                                                            we can bring to the for our
                                                                                        clients




         we’ve created success stories for top brands like these…




                              Proprietary & Confidential © 2012 Zócalo Group, LLC
                                                                                                                    20
Successful Together



                        More consumers are aware of your brand and
Grow brand awareness
                        considering it



                        Influencers and consumers talk about and
Conversation growth
                        share your brand with their personal networks



                        We attract more consumers to like, follow, and
More fans & followers
                        engage with the brand



                        Customers are more loyal to your brand and
More brand advocacy
                        are recommending it to others



Traffic & sales rise    More consumers are trying and buying your
                        brand




                                            21
Thank You - Questions?
Paul M. Rand            Marty Finn
President and CEO       Sr. Acct Supervisor
312.596.6272            312/596-6280
prand@zocalogroup.com   mfinn@Zocalogroup
@paulmrand              @martyparty1




                            22

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BMA Chicago: Becoming Recommended - Word of Mouth Marketing as the Center of the B2B Marketing Mix

  • 1. Highly Recommended: Putting the recommendation at the center of the B2B marketing mix February 13, 2013
  • 2. Traditional Marketing is Dead “Marketing is dead,” says Saatchi & Saatchi CEO. The chief executive of one of the world’s largest marketing groups has today declared that marketing and strategy are dead. 2
  • 3. Initial considerations for building a highly recommended B2B business… “A brand is no longer what we tell the consumer it is; it’s what the consumers tell each other it is.” - Scott Cook, Intuit “Success is no longer about carefully controlled messages. When everyone can see what you're doing, the most essential values are transparency, honesty and credibility. You win by matching your image with reality, acting with integrity, and sincerely apologizing when you're wrong.” 3
  • 4. Marketing budgets – both B2C and B2B – are increasingly being redirected to WOM and social media… • In a recent CMO survey, 40% of respondents said will shift 20+% of their traditional direct marketing budgets towards funding social activities. • A leading marketing research organization (Hubspot, 2012) states that the average social media budget has nearly tripled in the last three years. How much budget do your see shifting to social media? Source: The CMO Survey, Duke University, September 2011 4
  • 5. …and the value of WOM and social media are increasingly recognized across the enterprise Social media is moving beyond the realm of marketing and communications, and is becoming a way of doing business. HR/recruiting, IT, product development, investor relations, customer service and sales are all adopting social media as a way of evolving their functions to better align with how people now interact. 5
  • 6. in fact, many successful B2B companies now put WOM and social media at the center of their marketing mix… Media Relations Research & Digital/ Social Measurement Media Making your integrated marketing more talk- able, sharable and Word of Mouth & engaging is the reason Partnerships & Sponsorships Social Advertising for putting it at the Media Marketing center of the marketing mix. Community Influencer Relations & Outreach CSR Entertainment Marketing 6
  • 7. While many B2B brands now have robust social channels, they struggle with how to fully capitalize on the opportunity The power of the recommendation is increasingly well established… 100 90 The 2012 Nielsen 80 Global Trust in Advertising Report 70 60 Recommendations 50 Television 40 2007 2011 Radio …and positive brand recommendations are the fuel that drives sustainable B2B business growth 7
  • 9. We’ve discovered a distinct path to building brand recommendations Make your business the most talked about, recommended, and chosen Know where and how your brand and competitors are KNOW talked about and recommended Develop comprehensive brand strategy, articulate PLAN story, and recommendation reasons Identify the people whose recommendations influence IDENTIFY purchase decisions Activate by creating compelling experiences that ACTIVATE engage customers in a relevant manner Protect your brand by identifying and neutralizing PROTECT negative voices and misinformation Measure continuously to evaluate program success and MEASURE ROI, then adjust to capitalize on conversation changes Proprietary & Confidential © 2012 Zócalo Group, LLC 9
  • 10. Develop a clear and purposeful story of how you want 1 people to talk about and recommend your brand. A simple question that needs to be answered: • How do you want to be talked about and recommended ? • Buyers have choices. Why would someone recommend your brand over another? 10
  • 11. 2 Live Your Brand • If you want to be recommended as a dependable business partner – make sure you are one • Focus energy on owning that role and not ceding it to any competitors. 11
  • 12. Be Human, Transparent, and 3 Live Up to Mistakes Quickly • Brands will occasionally veer off course and make mistakes. • Well managed brands can be undone in astonishingly short order. • Own it when you or your brand goofs up. Fix what you can and ask forgiveness when needed. 12
  • 13. 4 Stay engaging and interesting • Marketing success used to be defined by how well we could interrupt consumers. Success today is based on how well we engage our audiences before, during and after the sale. • Spend 90% of your time on your social channels listening, paying attention and engaging with your consumers on their terms. Spend 10% of the time talking about yourself. 13
  • 14. Regularly evaluate and evolve – 5 but stay true to your core Discover New Innovation Launch New Product • Markets change and brands must always evolve • Take time to ensure that you’re beingrecommended in the ways that you want • Take ownership of your life Develop New Branding and your brands. Don’t let these changes happen by accident 14
  • 16. Case Study Dell Trade Secrets: Implementing a Global Social Media Influencer Program Among SMB’s SOLUTION CHALLENGE Out of the understanding that SMB owners look to Drive word of mouth and product recommendations peers and experts as the “secrets to their during the launch of Dell’s new Vostro V130--a success,” the Trade Secrets campaign was born. sleek, lightweight laptop designed specifically for Focused on peer credibility, Trade Secrets set out on-the-go small business professionals--within to create authentic online conversation about the SMB markets in the U.S., U.K. and Germany. Vostro V130 by identifying and engaging the right global influencers, and distributing product for hands-on trials across the U.S., U.K. and Germany. 16
  • 17. Case Study Dell Trade Secrets: Implementing a Global Social Media Influencer Program Among SMB’s GLOBAL TACTICS Influencer Outreach Reach experts in RESULTS technology, Productivity, Business Travel, Social Media and The Trade Secrets campaign exceeded all Entrepreneurship. target metrics and successfully initiated a Trial & Reviews global dialogue between SMBs and Drive awareness and interest Dell, helping to reinforce the brand’s around the new Vostro V130 commitment to small business growth and through product reviews by SMB experts. success. Product Giveaways: The program achieved over 5M social media Generate online campaign impressions (250% over goal) and was participation by offering recognized by the Forrester Groundswell opportunities to win a Vostro V130 Awards for Excellence in B2B Marketing in – via Tweet Chats, event 2011. participation, and more. The Dell Network: Develop an online platform to connect SMB’s and showcase their experience. Global Social Activation Create a consistent and open dialogue across key social media channels. 17
  • 18. Zócalo Group’s unique approach develops and manages sustainable social media marketing, word-of-mouth, and digital campaigns that drive sales through brand advocacy and 92% of people say that the recommendations. recommendation from a friend, family member, colleague or expert is the single most powerful determinant of their purchase decision. – Nielsen / Roper Reports Proprietary & Confidential © 2012 Zócalo Group, LLC 18
  • 19. who we are It’s pronounced Omnicom’s Premier Social Media ZO-kahl-oh and Word-of-Mouth Marketing Firm In Mexico, it translates to “Town Plaza” or Freestanding Division of Ketchum “Conversation Square” Chicago HQ, Global Capabilities Diverse Experience We serve B2C and B2B clients across a Fully integrated online/offline marketing efforts broad range of industries, including: Co-author of the: Food, CPG, Entertainment, Automotive, Financial 2010 Hispanic Social Media Guide Services, Retail, Non-Profit, Technology and Telecom Recognized Industry Leadership Social Media Week Chicago - City Host A Mission That Differentiates Us Forrester Groundswell Award for 2011 Zócalo Group has a singular focus: Finalist 2011 Holmes Report Global Digital / “To help our clients become the most talked Social Agency of the Year about and recommended brands in their categories” Proprietary & Confidential © 2012 Zócalo Group, LLC 19
  • 20. Consumer Behavior Relevant Programming Deep understanding the consumer, Experience driving measurable social and buying behavior advocacy in B@B focused of women companies Integrated Approach Existing Relationships Solid track record of working Existing strong influencer collaboratively with client and relationships and partnerships integrated agency teams we can bring to the for our clients we’ve created success stories for top brands like these… Proprietary & Confidential © 2012 Zócalo Group, LLC 20
  • 21. Successful Together More consumers are aware of your brand and Grow brand awareness considering it Influencers and consumers talk about and Conversation growth share your brand with their personal networks We attract more consumers to like, follow, and More fans & followers engage with the brand Customers are more loyal to your brand and More brand advocacy are recommending it to others Traffic & sales rise More consumers are trying and buying your brand 21
  • 22. Thank You - Questions? Paul M. Rand Marty Finn President and CEO Sr. Acct Supervisor 312.596.6272 312/596-6280 prand@zocalogroup.com mfinn@Zocalogroup @paulmrand @martyparty1 22

Editor's Notes

  1. It’s a simple question that needs to be answered: How do you want to be talked about and recommended – as a person, a son or daughter, a parent, grandchild, friend, partner, spouse, employee, business leader – whatever the case. Same thing, of course, applies to any brands you are marketing. Buyers have a staggering amount of choices. Why would someone recommend your product or service over another?
  2. It’s as simple as that. If you want to be recommended as a thoughtful and caring friend – make sure you are always a thoughtful and caring friend. If you want your brand to be recommended for having the most advanced features and design – make sure your energy and focus goes into owning that role and not ceding it to any competitors.
  3. Yes. We need to live our brands. But we are human beings. And our brands and organizations are run by human beings. So, we and our brands will occasionally veer off course and make mistakes. In this era of social media, consumer journalism and always-on news, years of thoughtfully lived lives or well managed brands can be undone in astonishingly short order. Own it when you or your brand goofs up. Fix what you can and ask forgiveness when needed.
  4. Marketing success used to be defined by how well we could interrupt consumers and compel them to give us their attention. Success today is based on how well we engage our audiences before, during and after the sale.This doesn’t happen by accident. We often talked to brands about following the 90/10 rule. Spend 90% of your time on your social channels listening, paying attention and engaging with your consumers on their terms. Spend 10% of the time talking about yourself. Not a bad approach for life either.
  5. People and brands must always evolve. Lives and markets change. Take time to be introspective and ensure that you are living the life – and being recommended – in the ways that you want to be. It’s good – actually it’s essential – to evolve, change and grow. Same thing for the brands we represent. But don’t let these changes happen by accident or get forced into them. Then it’s often too late. Take ownership of your life and your brands.