TedRubin

Q&A: How to drive measurable ROI from social media NOW

Courtney Velasquez, Social Fabric Community Director, interviewed John Andrews, Collective Bias (CB) Founder/CEO, and Ted Rubin and Dave Henry of the CB Board of Advisors to understand how brands and retailers can measure social media ROI, engage in shopper listening and receive shopper feedback. Originally posted at CollectiveBias.com

1. How can brands drive measurable ROI from social media now?

John: This is such an important question! ROI is usually addressed from a longer-term perspective, and with the immediacy of social media interactions (and exponential growth and adoption), we really do need to see measurable ROI in the shorter term.

Ted: Social media is so popular and effective as a marketing tool because it focuses on the customer experience instead of just throwing an advertisement at them and hoping the impression will stick. The key, then, to driving measurable ROI is in customers’ shopping experience. JUST by listening to what shoppers want, you can improve their shopping experience (e.g. in-stock position, proper assortment, promotion placement, etc.) and grow your sales by a measurable effect immediately. Be a socially-focused organization.

Read more

Social Media Strategy: What doesn’t work

You know what doesn’t work for a social media strategy? Not being social. It might sound like common sense, but all too often, being social is overlooked in a social media strategy.  It’s not enough to just start accounts with all the most popular social media tools and community sites, even when you include professionally-designed graphics and a big bold display of your logo and a few text lines about your brilliant mission.  First and foremost, you absolutely must BE SOCIAL!

When you are not being social, even if you think there is no message, you ARE sending a message to your consumers and potential consumers –  and it is not a message you want to have associated with your brand.  That message is… we don’t want to socialize.

Read more

Return on Relationship: The New Measure of Success

Social media is quickly becoming a way of life… and a way of business as more and more companies are realizing they need to integrate social media into their marketing strategies.  We can’t, however, expect to do “business as usual” and succeed in building an eager audience around our brands.

If you want to continue to reach your market in this social media age, the marketing focus needs to be on building relationships, and metrics need to expand beyond ROI (Return on Investment) to include ROR: Return on Relationship.

Most measurements and empowerment stats that are used with regard to relationships (i.e. number of Facebook fans, Twitter followers, retweets, site visits, video views, positive ratings and vibrant communities) are not financial assets, but that doesn’t mean they are worthless.  Instead, these are leading indicators that a brand is doing something that is creating value that will be with you for the long term and will drive ROI if developed and used effectively.

Read more

No more mixed messages: Integrate Social Media Marketing!

Social media marketing to most in the C-suite is still a campaign-based tactic, viewed and managed separately, but it really should be integrated.  Social media marketing needs to be woven into the fabric of all marketing channels and strategically managed from a 360-degree perspective.

This integration is especially important around Customer Service, where the disparity between the customer experience in the social media channel and the customer experience in the traditional channel is a dangerous chasm.   The result is a mixed message around Customer Service – an area where none of us can afford to be unclear or inconsistent!

Think of it from the customer perspective (as you always should):  they get a quick response and dedicated attention in the social media channel, and then are subjected to the “same-old, same-old” via traditional customer service channel.  Long waits (phone or in person) and inattention in one channel will immediately cancel out any gains from your social media marketing channel.

Read more

Influencers Want to be Influenced

Let’s face it… customers don’t become influencers in order to champion brands out of the goodness of their hearts, or because of a brilliantly-designed logo or a couple coupons they can download from the internet.

Customers become influencers because something about their experience with a brand influenced them first… and they want to continue that experience.

Influencers don’t want to be told what to do or what to buy, they want to have an experience so amazing that they are compelled to share it with their networks.   It can be a product that proves to be everything it was advertised to be PLUS MORE, or impeccable and genuinely friendly customer service, or any other experience that was so out of the ordinary that it influenced the customer to form a solid opinion about the experience and then take action to encourage others toward that same experience.

Read more

Make Your Customers Feel at Home

In the physical world, when our trusted and valued friends come to visit our house, we often welcome them by saying, “Come in…make yourselves at home!”   In the virtual world, do you do the same thing?  When customers and prospects visit your online site, do they feel at home there?

Think about retailers that offer snacks, coffee, samples, valuable information, and sometimes even entertainment in their shops.  They create a welcoming atmosphere for their customers because they know it will encourage them to stay around the shop, browsing the products and learning more about the brand…and greatly increasing the chances of a sale.

Your online site needs to do the same thing.  What do you do to make your current and prospective customers feel comfortable?   What are you doing to add value to their day?  What experience are you giving them? In other words, how are you inspiring them to stick around now and return later…with their friends?

Read more

Advocacy Drives “Social Sampling”

Kleenex made waves with its recent “Softness Worth Sharing campaign,” which encouraged people to have FREE Kleenex sample packs sent to friends and family.  Earlier this month, a reported 1 million Kleenex packs had been sent on behalf of Kleenex consumers!

What made this innovative campaign so successful?  Kleenex gave consumers the chance to not only interact with their product, but to also easily give their friends/family the same experience. In other words, Kleenex identified Advocates, who in turn sent more samples and encouraged their networks to do the same… they were energized and mobilized.  Social sampling at its best!

One important part of this campaign was providing a way for people to track the campaign online – including their own “chain of sharing,”  where a consumer can see if their sample-sending inspired someone else to send sample(s).  When consumers can see the impact of their action, it can easily inspire them to act again and spread the word to their friends about this “cool thing you have to check out!”  Again, it energizes and mobilizes Advocates.

We know how important it is to give our Brand Advocates the tools to market our products for us, and now Kleenex has taken this concept one step further by giving consumers the tools AND THE PRODUCT (samples) to share with their networks.  They have made it easy and fun for Advocates to create a buzz around a specific product and to share theexperience of the product.

Successful social sampling campaigns rely on consumer-to-consumer connection, and your Advocates are the most powerful way to create those ties.

Ted Rubin

Originally posted at Zuberance

We need to ask the Moms!

The recent Yahoo study suggesting that Dads rule the grocery shopping cart is causing a stir in the marketing community with article headlines like “Time to Rethink Your Message: Now the Cart Belongs to Daddy.”

The study shows that out of 2,400 US men (ages 18-64), 51% of them report they are the primary grocery shoppers in their households.  For Dads in particular, that number is slightly higher as 6 in 10 call themselves the primary decision makers on purchases of packaged goods, health, pet and clothing purchases.

We need to take this information with a grain of salt because, in my view, they asked the wrong people.  Instead of Dads, they should be asking the Moms the questions about who has the primary grocery shopping role. Dads, recently a bit jealous of the attention Marketers are paying to Moms and not to them, are making inflated claims about their decision making power and influence on household purchases… sorry Dad. Many a Mom will jump in and make it clear that although more Dads are doing the shopping, it is the Moms who are making the list… at least in the majority of cases.

Read more

Long-term Advocacy Enhanced by Emotional Connection

One of the most valuable returns of the social media proliferation is the renewed fervor around Brand Advocacy. The truly remarkable thing about Brand Advocates is that they proactively recommend brands and products without getting paid…but if they are not getting paid, then what is their motivator for advocacy?

The #1 reason Brand Advocates recommend brands and products is that they want to help others (source: “Engaging Advocates Through Search and Social Media,”comScore, Yahoo!, Dec. 2006).   In other words, there is an emotional component to their advocacy.  The emotional component is not just important for Brand Advocates and their social graph, it is also key to the marketer and brand relationship with their Brand Advocates. If you can make an emotional connection with your consumer, that will go far in building long-term advocacy.

Read more

Who owns your brand?

In the past, marketing owned the brand, using a tightly controlled set of messages piped through carefully selected channels to ensure brand “ownership” through control….but that’s no longer the case.  The increasing integration of social media into our consumers’ lives has shifted brand ownership away from marketers and into the hands of the consumer.

We marketers like to think that social media is primarily a set of tools for our marketing purposes, but in reality, social media is also a strong set of tools our consumers use to share and influence opinion about our brand.   Our consumers now have “the channel of me.” Consumers’ opinions now create the “reality” of the brand — if enough consumers say negative things about your brand, your brand loses its credibility, and (thankfully) vice versa.

There are two main ways we can react to this change:  we can fight it or accept it. I highly recommend accepting it.  If we fight to retain control of our brands, we are likely to hold on so tight that we suffocate the flexibility and outward-looking awareness our brand needs for survival.

Read more