Archive for year 2012
It’s not just ROI. It’s RELEVANCE!
Jul 12th
The other day I was driving home from a family vacation using an iPhone app called “Navigon.” This is an excellent GPS and mapping application that gets me where I want to go without the expense and hassle of having schlepping another device.
So I was wondering … why am I not using a mapping application from Rand McNally, the dominant market leader in all things maps for decades? For most of my life a well-worn copy of a Rand McNally atlas of United States maps was a fixture in my car. Can you even name another company that made U.S. road maps? Certainly, Rand was the gold standard for getting you to where you wanted to go.
The company has a minor entry in the GPS device market and are usually grouped under the “other” category in the analyst reports. A search for Rand McNally in the iTunes app store delivers one sad little entry that allows you to “vote for the best small towns of 2011 — right from your mobile device!” Wow.
Sad. Sad. Sad.
I can imagine the conversation among the Rand McNally executives five years ago … “Digital? Are you CRAZY??? Do you know what the ROI is on our paper maps? Why in the world would we ever cut into that profit margin? Nobody seems to be able to demonstrate an ROI on digital maps!”
It’s probably the same conversation that echoed through the halls of Kodak … “But we make so much money on film! What is the ROI for sharing digital photos on the Internet? It’s folly!”
I wonder what the ROI of bankrupt is?
And yet, if you have ever given a speech, a webinar, or a class on social media marketing, I can almost guarantee you have received this question: “But how do we measure the ROI of this stuff?”
Look, I’m a true-blue ROI guy. Frankly, money is one of my favorite things. I’m a measurement fanatic and a data geek. But pull up a chair and let me give you a dose of reality here. If you don’t have a digital strategy, your business is going to die.
And by digital, I don’t mean “a website.” In the last two years, 68 percent of the Fortune 100 companies had a year-over-year decline in their website page views. Why? Because people are not looking for you on websites any more (unless you work for Amazon, eBay or Etsy of course). For most companies, having a website is simply not enough these days.
Every business exists to create shareholder value. But please don’t overlook the possibility of not even existing in two years because you are milking an Excel spreadsheet for all its worth. There are lots of bright people out there that want your company to die. Be them, or hire them. Just don’t hold on to old business models until the banks are nailing your door shut.
It’s not just ROI. It can’t be just ROI. It’s relevancy. Don’t be Rand.
OK?
The Secret Sauce for Creating Gold Medal Relationships
Jul 11th
By Stanford Smith, Contributing {grow} Columinst
My wife and I are infected by Olympics fever.
We watch the Olympic trials together every night. Inspired by track and field hopeful we have intensified our jogging and 5K training schedules. Our children have been enrolled in gymnastics and registered for mini-triathalons in an attempt to see if there is a future gold medalist in our midst.
We’ve got it bad.
The #1 reason for our obsessive devotion to the Olympics is NBC’s superb ability to tell a story. These stories pull the audience into the life of the Olympian. We feel connected to Gabby Douglas’ life, challenges, and triumphs as she lines up for her vault. Missteps and wobbles (on the rare occasion they happen) hurts us as if it were our own child or friend. We pump our fist and smile with pride when she sticks her dismount like we trained alongside her for years.
It occurred to me that businesses pay an enormous amount to earn the same loyalty and devotion from its consumers. You would think that the billions would translate into cult-like dedication. In some cases it has, try attacking Apple or criticizing Southwest Airlines and you’ll see what I mean.
But, most businesses have failed, despite their healthy ad budgets to achieve a fraction of the love my family shows to future Olympians we just met last night.
Why?
Here are a few causes:
1. Weak Storytelling:
I believe that consumers want to connect with the people behind the business. They enjoy hearing about the local grocer who only buys produce from farmers in a 10 mile radius. They want to know why a laptop was built with aluminum versus plastic. They care about a company’s effort to fight adult illiteracy in their community.
The problem is that businesses have their heads up their arses. They think that abstract soundbites and clever taglines are stories. They aren’t.
2. Wrong Hero
Have you ever seen a business Twitter stream choked with self-congratulatory tweets? How about the commercial that waxes eloquent about a company’s commitment and 100 years in business? While this information has some merit, it’s missing a key component – the customer. Customers pay attention to companies because they solve specific problems.
Successful companies craft their stories around the customers and position them as the hero. Their social media strategies create close bonds with their customers directing them to information that enriches their lives. In these stories, the company is the mentor and ally supporting and guiding the customer.
Pop quiz – who is the hero in the Harley-Davidson story? The motorcycles or the rider? Yep, the hog rider. The motorcycle is a prop that helps the rider live out their dreams of conquering the open road and connecting with other rebels.
3. Monologue versus Dialogue
It’s shocking that some companies still question the merit of openly interacting with their customers. Even now companies hide behind perfunctory press releases and turn-off their blog comments. This behavior supposes that customers need to be handled like a live grenade. Customer dialogue is confined to hermetically sealed focus groups and choreographed performances.
The problem is that customers expect transparency. In fact, customers distrust businesses that can’t empower their employees. Look to Comcast for a powerful lesson in employee trust and customer dialogue. Comcast knows that the “cable company” isn’t on the list of beloved companies. They seem to have the most to gain from carefully staging every interaction.
To Comcast’s credit, they committed to a different course. They put their reputation on the line by interacting with customers through their Twitter channel. At any time you can contact a comcast rep via Twitter. These reps are empowered to send offer advice and check on repair status. These conversation happen in plain view for customers and competitors to observe. While Twitter hasn’t completely rehabilitated Comcast’s reputation it is building the company’s position as a customer-centric organization.
Social Media’s Secret Sauce
With all of the breathless speculation about the latest trends and tools, It’s easy to overlook the simplicity of social media. It really comes down to telling a story that focuses on the customer as hero. From their invest time in creating relevant, informative, and transparent dialogue between your team and customers.
That’s the secret sauce and it’s critical that you use it now before your competitors do. Right?
Contributing Columnist Stanford Smith obsesses about how to get passionate people’s blogs noticed and promoted at Pushing Social, except when he’s chasing large mouth bass!
Case study: Finnair puts social media community to work
Jul 10th
By {grow} Community Member Ana Silva O’Reilly
One day last year I received an email with quite the provocative title: “How can you improve air travel?” At first, I thought it was a joke, but the sender seemed reputable — Finland’s flagship air carrier, Finnair and the Helsinki Airport. They were launching a worldwide search for airline best practices called Quality Hunters.
The application form wasn’t complicated, and it encouraged you to share your best airline and airport experience in one of several categories — business class, shopping, food, airports, entertainment, and socialising. The seven people with the best ideas would win a seven week journey around the world to find the best travel ideas on earth! This sounded like my kind of fun!
Stupidly, I never realised that votes for your idea were key for selection and with only one day to go in the contest, I still managed to get in the top 10. A good effort, but not good enough to be selected. I was actually disappointed.
The birth of a community
The airline’s “Quality Hunters” project had a blog (qualityhunters2.com) and a Twitter account (@qualityhunters), and a vibrant social media community actually began to form around this key idea of improving air travel. Participants were invited to attend online chats about a variety of travel-related topics. Such chats could last all day and were attended by hundreds of people!
Even though we had not won the prize, the team behind the Twitter account was determined to keep all of us connected to the project by tweeting the adventures of those lucky seven winners.
Of course this was quite compelling Twitter content — it was great to know where they were, what they were up to and so on. But what kept me interested were the daily twitter chats and knowing that we could still suggest topics for improvement. The Twitter chats covered everything from cocktails, to airline alliances. After a while, strong connections and friendships began to form in this community.
A week before the epic seven week journey was scheduled to end, the community received a surprise – an eighth Quality Hunter was to be selected, to join this adventure for the last week, and the winner was going to be chosen by the community! This time around, I wasn’t disappointed because one of my new Twitter community friends, @arjantupan, was selected.
A return on the social media investment
When they returned from their trip, the hard work began. The Quality Hunters submitted their best ideas to the judging panel (made up by Finnair and Helsinki Airport execs) and the most feasible ones were shared with the entire QH community.
One of the easiest ideas to implement was an airport Book Swap lounge. Simple, straight to the point, and obviously useful. Using Pinterest, we were encouraged to submit design and branding ideas and it was incredible to see how many of us, almost six months later, were still interested. I certainly was. My suggestion was that each book should have a sticker sharing the Quality Hunters story and allow those using the book swap lounge to record where each book has traveled. Here is a picture of how my idea was implemented:
It was nice to be recognized by the airline but being part of this company’s social network meant more to me than they would ever know. You see, by participating, I was constantly encouraged and inspired to start my own travel blog and create my online alter-ego @mrsoaroundworld. I made some valuable business connections and authentic friendships. The people in the Quality Hunters community were the first ones to read my new blog and spread the word. It rapidly became a very popular site for tales of luxury travel.
Finnair’s social media effort was effective, helpful and sincere. It was a win-win for the company, the Quality Hunter community, and certainly any one traveling through the Helsinki Airport.
And I have to admit … every time I walk past a Finnair check-in desk … I smile. I am even thinking about a trip to Finland. After all, I really have to see that book-swap lounge, right?
What do you think about this case study?
Ana Silva O’Reilly is UK-based social media enthusiast and luxury travel blogger. Follow her on Twitter at @mrsoaroundworld.
Twitter will be transformed by The Olympics
Jul 8th
Every four years I settle in and enjoy the drama and spectacle of the Olympics. I have my own personal competition too, as I see how many people I can fool into thinking that I really know the scoring system in judo or the history of the heptathlon, or whatever is on the tube at the moment. I make it up as I go and see how long it takes before my friends realize I am full of crap. My record is nine minutes, 36 seconds of continuous bullshit. I know. You’re impressed, and you should be. I am already inviting a whole new crop of friends for the festivities. The excitement is building!
And while I have been training to best my personal mark, I’m also guessing another hallowed record is about to fall — Twitter volume. In fact, I think it is safe to say that Twitter may be transformed during this sustained period of athletic activity that captivates every corner of the world.
In the four years since the Beijing Games, use of social media platforms has surged and Twitter has grown from 6 six million users to about 150 million. And many more people now have smartphones and access to wi-fi so they can react immediately to something they have seen in a stadium, arena, court, pool, ring or velodrome. The London Games will be tweeted, tagged, liked, blogged, and hashtagged like no previous event in the world.
The Olympics will transform Twitter
- At trials in Calgary for Canada’s Olympic track and field team, athletes wore Twitter handles on their bibs – encouraging fans to send messages of support as they race!
- Time reports that the IOC, with 760,000 Twitter followers and 2.8 million on Facebook, is planning live chats with athletes from the Olympic village, allowing the public to pose questions using social media accounts. It has already created an online portal, called the Athletes’ Hub (shown above), which will collate posts from athlete Facebook and Twitter accounts.
- To give you some idea of the Olympian tweet volume we can expect, the AP reported that users sent 13,684 tweets per second during a Champions League soccer match between Barcelona and Chelsea in April, a record volume of tweets for a sporting event – busier even than the 2012 Super Bowl.
- That record will probably fall multiple times during the Games. Reportedly Twitter is braced for a surge of traffic.
But what I think is exciting is that Twitter is about to go global like never before as users sign up for the first time to follow their favorite athletes and event. Every single sport has its own Twitter handle and Twitter has been the social media platform of choice for most athletes too.
So I think Twitter will be transformed in the coming weeks, but …
Twitter will also impact the Olympics
- The Olympic Committee has created a list of hazy social media rules for participants (Content should “conform to the Olympic spirit”). Who will be the first athlete to break a rule in such a way that it becomes newsworthy or scandalous?
- Who will be the first athlete to tweet a photo from the medal stand?
- How will the broadcast of the Games incorporate real-time tweets from athletes and fans?
- What will be the first Olympic news event that breaks through Twitter?
- How will Twitter help solve problems and ease emergencies in new ways?
- Twitter will even help unsnarl traffic. A website, Get Ahead of the Games, provides tips for navigating the entire nation during the Olympics, including an app that projects traffic congestion, and a new Twitter account devoted to provide participants with real-time transportation help.
The next few weeks are going to provide a lot of excitement for sports fans but I think by the closing ceremonies, Twitter will also be one of the big winners from London 2012. What do you think?











You’re in marketing for one reason: Grow.
Grow your company, reputation, customers, impact, profits. Grow yourself. This is a community that will help. It will stretch your mind, connect you to fascinating people, and provide some fun along the way. I am so glad you’re here.
-Mark Schaefer

