Autospeak-Straight Talk contains articles covering digital and social media marketing social communities and events marketing

The overwhelming majority of shoppers look to online searches before shopping locally. Therefore, it’s important for marketers to consider local search, especially for e-commerce websites that sell in-store as well as online. Local search has been, and will continue to be, an important resource for marketers to reach their customers.

The power of local SEO can help elevate sales—both in-store and online. By investing in strategies such as local SEO, marketers can reach prospective clients at the very moment in which they are searching. Local search optimization helps drive this process by providing the right content in the right places at the very moment of search, which inevitably leads to higher conversion rates. And unlike browsing several websites for a deal, consumers who are on the lookout for local businesses typically need a service or product immediately. This is why retail stores and restaurants are prime examples of businesses that can benefit from local SEO.

Google and other major search engines are working to adapt their search results in order to provide increasingly relevant information to their users. As a result, local businesses should utilize the power of search engine optimization to help elevate their results. Even though search engine listings, reviews and local directory citations are important and influential for rankings, one of the most overlooked tactics for local SEO is on-page optimization — which accounts for almost 20% of the factors that influence local search ranking.

Many marketers are overlooking on-page optimization as part of their local and overall digital marketing strategies. In order to be successful and indexed by search engines, sites need to be optimized with detailed and accurate business contact and location information.

There are three strategies in which businesses normally utilize in order to provide on-page location content to their consumers, but only one provides the maximum benefit for search engine rankings. We will explain each method and explain its influence on search engine rankings:

1. iFrame location finders

Lowes takes the hassle out of home improvement and repair with quality service and exceptional products. We love their website—their get inspired section is fantastic content. However, Lowes is missing out when it comes to local search optimization. When a location finder such as this is housed within an iFrame, it is impossible for search engines to index local content. In this example, you will notice how the URL remains the same, regardless of which location selection is made.

Lowes

 2. Location-based content management platforms

Ann Taylor makes beautiful clothing that appeals to women of all ages and inspires them each to be (and look) their best each and every day. Their main product pages of their website are clean and easy to use. However, once you navigate to their store locator, you notice a shift in the overall aesthetics of the page — an ever so slight shift from the rest of the branding is evident.

Ann Taylor is not getting all of the benefits for each location when it comes to local SEO. Notice how only the zip code changes and is displayed once a search has been conducted. No individualized landing pages exist. In this example, only the zip code changes in the URL based on selections made in the location finder.

ann taylor

 3. Dedicated landing pages housed under a primary domain

Jiffy Lube helps keep vehicles running. They are the pioneers in the quick oil change and have more than 2,000 locations. Their location finder is a prime example of how to create individualized landing pages for each location. This final strategy is the only way to index individual locations for search engines. By adding dedicated local pages — each with a unique URL — search results will be optimized to get customers in the door more often. Jiffy Lube not only has dedicated local landing pages, but provides each with local service information. When combined with paid advertising and social media marketing, Jiffy Lube will find a huge benefit to having such detailed information about each of their locations.

jiffylube

Win with local search optimization

Local SEO improves a brand’s search results and helps keep them at the top of rankings when potential customers are looking for products or services. Remember each landing page should include the following:

  • Complete and accurate contact information.
  • A description of services that are offered from any given location.
  • Structured data, which helps assist with search indexation.
By using dedicated landing page that are optimized to the fullest, marketers have the best chance of increasing revenue through improved search engine rankings.

Posted by Zog Digital
Social media destinations today seem to be a what’s trending, what's fashionable media where Social Icons are losing ground and where smaller ones are constantly being replaced with the next technologically fad driven way to communicate and share with one another on the internet.

Facebook makes a weak showing when it comes to ad performance for direct response marketing (lead generation) and this month, during a quarterly earnings call, David A. Ebersman, Facebook's chief financial officer, made a startling acknowledgment that confirms what many had suspected but were never able to prove - that the service had become less appealing for at least some of its users. And though Facebook is still the default social network for many people, perhaps it is no longer as crucial as it once was for social survival.

There are also recent studies that are suggesting that people still prefer non-paid ads for search and show that the higher CTRs come from ads with a lower position that actually look likes an organic result, even though it’s often paid. This points to the fact that people are trying to skip the ads and failing.

Organic search has been and still is the search method of choice. There will always be a reason to reach out over social channels as part of your overall marketing mix but why dedicate more and more resources chasing the next hot social channel when that same technology that is changing the social media landscape on an almost daily basis can now benefit companies the most by originating the bulk of your social media initiatives from your own site.

It is time to look more within your organization to find better and more stable ways of attracting customers and communicating with your existing customer base. And this can be done by forming onsite communities, online events and classified marketing initiatives to organically grow your inbound traffic.
These integrated initiatives can effectively reduce the cost of your online marketing and provide a host of benefits that cannot be achieved or more effectively controlled in any other way.

One Big Broadcast has been pioneering these integrated technologies for years. We can show you how to effectively reduce costs and increase your ROI, Inbound marketing, Service, Sales and Customer retention.

In what direction do you feel this is all going? And what would your suggestions be?


William Cosgrove

Last year’s U.S. eCommerce holiday spending season fell slightly short of initial forecasts, but continued to grow 14 percent over 2011. comScore presented its “State of the U.S. Online Retail Economy, Q3 2013” (SOR13) webinar, which offered some exciting 2013 holiday spending forecasts for retailers as well as insights into opportunities for digital marketing strategy this year and beyond.

This year’s holiday season is the shortest it has been since 2002, with approximately 6 fewer days of shopping than last year. However, concerns over unemployment and rising consumer prices have lessened, laying the groundwork for an exceptionally promising Q4 2013. When comparing Q3 2013 to Q3 2012, for example, total dollar sales are up 13 percent to $47.5 billion. Additionally, total dollars spent per buyer is up 13 percent and the number of transactions per buyer is also up by 10 percent. Although the total number of buyers has not changed, consumer purchasing power is showing signs of improvement.

To capitalize on the emerging trends outlined by comScore, we have broken down the major takeaways as well as outlined the implications and key opportunities for digital marketers.

eCommerce continues to necessitate resource allocation adjustments

Desktop eCommerce sales are up 12% year-over-year from 2012, setting a potential for $300 billion in overall sales for 2013. With desktop eCommerce outpacing total consumer retail spending, 2013 may be the final call for all marketers to respond by shifting their marketing budgets toward digital strategies. Although users are discovering brands on a multitude of channels, many marketers simply haven’t kept pace or made adjustments for the continuously growing eCommerce trend.

comScore also indicated that shifts to eCommerce stem from new segments of people coming into the market who have graduated, embrace technology, are comfortable with online shopping and now have purchasing power. All digital marketing, from search engine optimization, social media marketing, paid advertising and mobile-optimized websites, will be key moving forward.

For digital advertising, retailers should consider content that calls out their free shipping options. Across segments, retailers are noticing that consumers are driven by free shipping and free returns. This trend will continue to drive online sales.

2013 may be the last opportunity to get a solid foothold on mobile commerce.

Mobile buying now accounts for approximately 11 percent of all ecommerce. And it will only continue to grow. For the first time ever, the majority of internet users now browse on multiple platforms. As of September 2013, approximately 54 percent use both desktop and mobile (smartphone and/or tablet devices) to browse the web and shop online. Marketers must respond with integrated, cross-platform strategies to reach consumers.

Biggest Digital Marketing Takeaways from comScore’s State of the U.S. Online Retail Economy, Q3 2013 image Capture24

In fact, as of August 2013, more digital users engage with brands on their smartphone than on their desktop. The smartphone market saw a 24 percent increase year-over-year to reach 140 million users and tablets had an incredible 60% year-over-year growth to reach 70 million users.

Biggest Digital Marketing Takeaways from comScore’s State of the U.S. Online Retail Economy, Q3 2013 image Capture25

App versus website shopping is still a point of major debate, but depends primarily on the retailer. eBay and Amazon see most shopping and browsing from apps, whereas many other companies are still seeing users gravitate toward mobile browsers. It is, however, still critically important for all eCommerce sites to drive app usage and incentivize downloads. As mobile continues to take over the majority of browsing, it will be critically important to have a foothold in the channel shift. Those that do not risk losing market share.

comScore anticipates that during the 2013 holiday season, mobile commerce will reach its highest percentage of total digital commerce at approximately 12 percent and approach nearly $10 billion in total spending.

It’s time to take advantage of Pinterest and the power of social commerce.

Pinterest is one of the fastest growing websites of all time; its content is image-based collections of primarily retail-centric commodities, making it an excellent social platform for marketers to drive eCommerce sales. Beyond its huge opportunity for marketers overall, Pinterest now has more mobile users than desktop users, yet another consideration for digital marketers moving forward.

Biggest Digital Marketing Takeaways from comScore’s State of the U.S. Online Retail Economy, Q3 2013 image Capture19

Beyond Pinterest, Facebook will continue to help drive online sales. Beyond likes and fan acquisition it will be important for marketers to follow the steps to optimize their social presence and drive Facebook engagement into sales. Brands must reach users in their news feeds with excellent content that their fans then engage with and share to their networks. Quality content when combined with strategic ad placement can help boost conversions and directly influence sales growth.

Conclusion

In order to keep up with emerging trends in eCommerce, mobile purchasing, and social media, marketers must make budget and resource allocation adjustments. As the state of the U.S. economy continues to improve, these changes will be critical for the 2013 holiday shopping season and beyond.

Posted by Zog Digital

I agree with Kim who says that Facebook makes a weak showing when it comes to ad performance for direct response marketing (lead generation), especially compared to comparable offerings from Google. But what about Facebook vs. Twitter?

But I believe, and new data from the marketing agency Accuracast shows, that people still prefer non-paid ads


What is your experience?
William Cosgrove



Twitter’s initial public offering (IPO) is approaching, and Twitter just raised its price range to $23-$25, suggesting it’s feeling optimistic about the outcome. Investors may be a little more nervous though. According to polls, just 35% of Americans think buying Twitter stock is a good idea, whereas 51% of Americans thought Facebook stock was a good idea before its IPO last May.

As for me, I’m not planning to buy any Twitter stock. I’ve always said that Facebook makes a weak showing when it comes to ad performance for direct response marketing (lead generation), especially compared to comparable offerings from Google. But what about Facebook vs. Twitter? The fact is, Facebook ads have improved a great deal since the IPO last year, but Twitter still needs a lot of work as an advertising platform.

I dug into some data to find out if Twitter ads actually work and how they measure up to Facebook. I compared the two social networks in four categories:

  • Network Reach – Which platform reaches the largest audience?
  • Ad Performance – Do Facebook and Twitter ads drive real results?
  • Mobile Ad Performance – Which social network owns the mobile space?
  • Ad Formats – Who offers the most varied and effective ad types?

What I found is that Facebook is doing OK, but not great by any means – see one Forrester analyst’s recent open letter to Mark Zuckerberg, pointing out that Facebook comes dead last on a satisfaction index of digital marketing channels. Still, in terms of key numbers like Revenue per Visitor, Facebook is beating Twitter.

Let’s look at the data in more detail.

Twitter Vs. Facebook: Network Reach

Facebook gets an A+ for network reach, with 1.15 billion active users that share 4.75 billion items daily.

Twitter has decent reach, but not nearly as large, with 232 million active users posting 500 million tweets a day.

Facebook vs Twitter network reach

According to the Wall Street Journal, that’s just not enough of an audience for some advertisers. This much smaller reach is probably why Twitter claims just 13% of social media advertising budgets compared to 57% for Facebook.

Twitter Vs. Facebook: Ad Performance

It’s difficult to make an exact apples-to-apples comparison of ad performance on Twitter versus Facebook, because Twitter doesn’t release all the same metrics. But here’s what we do know:

Twitter and Facebook Ad Performance

According to AdWeek, “engagement rates” for Twitter ads can be as high as 1-3%, much higher than Facebook’s average CTR of 0.119%. The benefit for Twitter is that its ads are in-stream, rather than pushed off to the side. However, average CPM (cost per impression) is significantly higher on Twitter, at up to $3.50 compared to an average CPM of $0.59 on Facebook, and Twitter does not release stats on ROI (109% for Facebook).

One exact comparison is revenue per visitor (RPV): $0.93 for Facebook compared to $0.44 for Twitter. Facebook’s RPV is double that of Twitter’s, but note that Twitter’s RPV is up 300% year over year, while Facebook’s RPV has only improved by 39% YoY. (Facebook’s first click revenue per visitor is also double that of Twitter: $1.63 and $0.82, respectively.) Further, share of social referred visits is down for Facebook (at 62%, down 20% YoY), while Twitter’s share of social visits is just 6.8%, but growing fast, up 258% year over year).

Some further considerations:

  • Twitter claims that Promoted Trends provide a 22% lift in brand conversion, 30% lift in positive mentions and 32% lift in retweets. These promoted trends can cost more than $200,000 a day, 33% more than they cost in 2012.
  • Facebook ad performance varies greatly by vertical. For example, average CPC for alcohol brand ads is 45% higher than average. Gaming ads, on the other hand, have 30% higher CTR than average and 40% lower cost per click. (PDF)
  • An AdAge survey ranked five online advertising platforms in terms of importance by ROI. Google was the clear winner, followed by Facebook, and then Twitter.

By my estimation, Twitter still has a lot to prove, maybe even more than Facebook.

Twitter Vs. Facebook: Mobile Ad Performance

In some ways, Twitter has the advantage here – on smaller mobile screens, it’s even more important for ads to be well-designed and feel organic. Because Twitter ads show up in the timeline instead of off to the side, they’re in a better position to dominate on mobile. Facebook ads, on the other hand, are in the right rail, which doesn’t even exist on the Facebook mobile app. As such, Facebook is failing its mobile advertisers.

Note, also, that Facebook only has one native ad format in the Facebook app, the App Promotion Ad. All Twitter ads show up both on desktop and mobile.

Facebook App Ad

Here’s how the two networks are doing in terms of mobile performance metrics:

Facebook vs Twitter mobile ads

While Facebook currently leads in mobile market share, expect big growth from Twitter in this area. By 2015, Twitter is expected to net $1.33 billion in worldwide ad revenue, and more than 60% of that will be from mobile ads.

Twitter Vs. Facebook: Ad Formats

Facebook vs Twitter Ad Types

In June, Facebook cut its ad format options in half, in response to requests to simplify the system and eliminate redundancies. Facebook’s ad formats now include:

  • App ads
  • Domain ads
  • Mobile app ads
  • Offer ads
  • Page-like ads
  • Page post link ads
  • Page post photo ads
  • Page post text ads
  • Page post video ads
  • Sponsored stories

According to Robert Hof at Forbes, “rather than having to plan their campaign around which of 27 ad formats to use, advertisers instead will make choices on what they want to accomplish–such as amassing fans, getting people to install their app, or driving people to physical stores–and Facebook’s ad system will suggest the right kinds of ads to run.” My take is a little more cynical – in my view Facebook basically admitted that more than half of its ad formats didn’t work. This is generally not a great sign.

Twitter’s ad format offerings are much simpler:

  • Promoted tweets
  • Promoted accounts
  • Promoted trends

My guess is they will introduce more ad options in the next year or so. Historically Twitter is slower to release new features than, say, a Google. (Not that the recent shift to include images in timelines is probably meant to increase ad clicks.)

Everyone seems to agree that both Twitter and Facebook are lacking when it comes to tracking, measurement, and analytics.

Conclusion: No Big Winners Here

In summary: Neither Twitter or Facebook is a great advertising option for direct response (lead generation) marketing. The intent just isn’t there compared to search. These social platforms are better for big brand advertising and engaging with your fans through content marketing (soft sells vs. e-commerce). If you have the budget for those kinds of marketing activities, then you’re better off on Facebook than Twitter, but the reality is, neither is all that effective and both platforms have a ton of work to do on the paid side. I suggest they look to Google AdWords and the Google Display Network for inspiration.

By Larry Kim  the founder of WordStream and regular contributor to the Internet Marketing Blog
Title picture Courtesy of the Bloggers’ point of view

 

According to a 2012 study by AOL and Nielsen, 27,000,000 pieces of content are shared every day. By now, the mantra of “content is king” has been relentlessly drilled into our collective heads – but more isn’t always necessarily better.

Quality is important – but how do you know if you’re really producing content that’s engaging your audience? Perhaps even more importantly, how are you measuring the results?

If you write and share it – will they come?

Let’s take a look at several new findings made as a result of a joint study between the Content Marketing Institute, MarketingProfs and Brightcove and what they could mean for next year’s content marketing trends.

Current Trend: Social Media, Newsletters and Blogs Head the Content Marketing Pack

content marketing uses

Social media leads the way with 87% of B2B content marketers leveraging one or more platforms.

Not surprisingly, most marketers are promoting their content via social networks. Considering that clicks from shared sites are as much as five times more likely to be shared – it’s easy to see why. But at the same time, social media can seem like you’re marketing in an echo chamber. According to a MarketingLand survey, only 25% of marketers measure the ROI of their efforts down to the actual piece of content.

Most just seem to measure activity (likes/comments) if they measure anything at all – and that’s not giving them the raw data they need to know what’s real discussion, and what’s just background noise.

social content survey

While nearly 50% of marketers surveyed had a content marketing plan – only 25% could accurately measure results down to the individual pieces of content.

What’s more, are people truly getting anything of value from the share itself (other than recognition from their friends/colleagues), or do they simply click and forget?

The Prediction:

I believe that in 2014, other content marketing avenues will overtake social media – including live events, case studies and (if companies can afford it), branded content tools. These things deliver much more value, brand awareness, backlinks and discussion than a simple social share – and in a marketing channel that’s already overcrowded, these tools present a chance for opportunistic businesses to approach customers from a newer, more helpful angle.

In addition, I predict that 2014 will see the rise of better measurement tools that don’t just track clicks and likes, but actual engagement in the form of discussion, shares across multiple platforms/channels, and actions as a result of those shares. Currently, it’s too cumbersome, expensive and time-consuming for a marketing team to micromanage the analytics for every single piece of content to see how it performed – so companies simply don’t invest in it.

Current Trend: How Brands Measure Success

content marketing metrics

According to the Content Marketing Institute study, most B2B companies measure success by the oldest internet metric in existence – traffic. But sheer numbers alone will only provide you with so much. Fortunately, sales lead quality ranks behind second, although it lags by almost 10%.

It’s difficult to measure intangible things like quality, but taking steps toward that goal, like creating personas for your target audience members, and matching those up with proper list segmentation can go a long way to putting a “face” with an interaction.

The Prediction:

This coming year, there will still be an emphasis on getting traffic, but many floundering websites are finally starting to wake up and smell the conversion coffee. Success will be measured according to the metrics that matter for that particular industry – whether it’s number of downloads, order volume, quality leads or a combination of those criteria.

Current Trend: What Type of Content is Created Most?

content marketing content

Industry Trends lead the way, with leadership profiles not far behind.

According to the chart above, content marketing focusing on industry trends are leading the way, with lesser degrees focusing on leadership profiles, company details, or even going so far as to try and play catch-up with competitors’ content. Industry trends could include breaking news, just-released software reviews, better practices or upcoming changes in the law or other facets of the business. Decision maker profiles could give readers a glimpse behind the scenes of the people who are leading the way in the aforementioned industry trends.

But if you look carefully at this chart – you’ll see that a lot of emphasis is placed on the company itself, industry methods, and people within the company.

STOP IT.

This is why most content marketing efforts are essentially spinning their wheels in the mud. Not a single one of these has anything to do with the real reason why people and businesses are consuming content:

Relevancy.

Keeping a finger on the pulse of news, learning about industry leaders and the companies they lead are all well and good – but none of these things get to the heard of what’s on every company and customer’s mind – What can this do for me?

The Prediction

In 2014, I’d expect to see this graph radically changed. Content needs to be tailored to fit the needs and unanswered questions of the target audience. Specifically:

  • Shift from industry news and trends to “Here’s how you can use these trends to grow your own business – and how our company can help.”
  • Exchange profiles of decision makers to focus on customer/company success stories – detailed case studies that show a marked, measurable result.
  • In place of company characteristics, ask “Why should I trust you? What can you offer me that no one else can?”

Tailoring content to where customers are in the buying cycle is a tried-and-true sales method, and I believe more and more marketing teams will take the time to properly engage their customers based on not only their place in the sales funnel, but their individual needs and expectations.

Again, we’re measuring many intangible, potentially unquantifiable things here – and it’s hard to pin down personalization and results into something as concrete as an analytical tool, but there’s no clearer route to earning a customer’s business, loyalty and trust.

At the same time, looking to a competitor’s content to see what steps to take is like the blind leading the blind. Do your own tests and use that data to understand what truly works for your website and your business.

Getting Ready for the Year Ahead

With all this information, how can you best prepare yourself for the year ahead?

  • Create your own Case Study – Not only is it a terrific resource for backlinks, but it also propels you on to becoming a recognized authority in your field.
  • Or Host a Live Event in Your Area – This is a great way to reach out to local businesses and entrepreneurs while sharing ideas and resources.
  • Look for Ways to Measure the Impact of Your Content Marketing – Not just in terms of raw numbers, but in the actions that occurred after the fact.
  • Refocus Content on the Consumer – Most content marketing is more marketing than content. How can consumers benefit from what you’re sharing? Why should they pay attention to it?

No One is Right Every Time

We may be completely blindsided by a new technology that brings us even closer to that marketing sweet-spot of connecting with buyers and persuading them to act. Until then, however, content marketing is one of the best ways to encourage engagement and interaction. We’ll look back at this article this time next year and see how right (or wrong) these predictions turned out to be!

Share Your Content Marketing Predictions for 2014!

Where do you think content marketing is headed? Share your own predictions in the comments!

By Sherice Jacob

In this article Bob Apollo of Inflexcion-Point points out that sales  is not a cookie cutter process. Many sales organizations be it B2C or B2B would do well to take note.

Selling is an art. Truly gifted salespeople take the tools they have been given or have learned and adapts them to their style and to fit any given situation. 
 
Listening is a key attribute  that will determine  what is needed to take that next step forward. 
William Cosgrove

Many sales leaders believe that having a sales process is important - as evidenced by the over 300 million references on Google to the term. But in most complex sales environments, having an over-prescriptive sales process can actually damage your chances of winning.

I’ve seen too many situations where a sales person is so keen to move to the next stage of the defined sales process that they fail to ask the questions or, (even worse) actually listen to the answers they have already been given that could give them clues about where the buyer was and what it would take to move things forward.

Just to be clear: in simple, low-value, single-call transactional sales environments where you can’t afford to employ smart sales people, having a straightforward and well defined sales process can help you make the most of the skills you employ in your organisation.

Flexible frameworks vs. rigid processes But in lengthy, high-value complex sales environments with multiple stakeholders, your sales “process” should be a flexible framework that incorporates the latest best practices but also allows an intelligent sales person to go off-piste from time to time as long as they have the ultimate destination in mind.

You might think of traditional, highly-defined sales processes as a journey between two places using well-defined and clearly-signposted highways. If the route you’ve chosen is blocked, there may not be many alternatives.

But you are better thinking of complex sales as either a cross-country journey in an all-terrain vehicle, or a cross-town taxi journey with many alternative side streets to dive down if the traffic ahead comes to a stop.

In both of the latter two cases, you still have a destination in mind - but you’re constantly reacting and adapting to the local terrain. You might even, from time to time, choose to retrace your steps in order to adopt a better route.

No "one best way" There is no “one best way” - and that’s surely true of most complex buying environments. You have a destination, but you’re constantly evaluating your progress, and reviewing whether you need to adjust your strategy in order to make better progress.

What you need is a framework, a sense of direction and a compass. You need to have some smart questions up your sleeve, but even more importantly you need to listen, adapt and respond to what you learn from the prospect. You need a set of tools that you can call upon to dig yourself out of a hole or bridge a previously impenetrable obstacle.

You need to continually review your progress, and evaluate the options open to you. Faced with such complex terrain, having a plan certainly helps, but having the emotional intelligence to recognise where you are right now and adjust or adapt that plan is essential.

Aids to navigation A rigid, sales-stage defined process won’t help. But neither will anarchy. And that’s where a well-defined framework with alternative options to navigate around obstacles and move things forward is so helpful.

The framework must be based not on a notional sales process but on facilitating the prospect’s buying decision process. Progress must be measured in the prospect’s terms (where are they in their journey?) and not on yours, and it’s vital that you can recognise the key milestones in their process.

The changing role of sales and marketing Thinking in these terms causes you to recognise what you really need from your sales people and from your marketing department. Your sales people must be smart, creative, adaptable, good listeners and with high levels of emotional intelligence. They need to contribute to the collective learning that supports the framework.

You may think that this is a tough ask, but I’ve never heard an effective argument to the contrary - that you’d be better off hiring sales people to do a complex job when the individual clearly depends on following a pre-defined routine.

Marketing’s role changes, as well: their responsibilities need to embrace the creation of tools that help the sales person to diagnose where the prospect is in their decision making process, and programmes that help to eliminate or bypass the most common obstacles that could prevent progress.

Clear, simple and wrong H.L. Mencken observed that “for every complex problem there is an answer that is clear, simple, and wrong.” Thanking that a rigid, prescriptive sales process will improve performance in a complex sales environment appears simple and clear, but it is unquestionably wrong.

It’s not just your sales people and your marketers that need to get smart…

Post by: Bob Apollo of Inflexion-Point | @bobapollo | LinkedIn

I’m a child of Descartes. I grew up in a rational world where logical thinking was the best weapon against ignorance, the right way out of dogma, and I still think today that it’s a decent objective.

I had believed in rational behavior when it came to my credit card, too. I had never considered lining up for two hours (let alone two days) for the privilege of buying an expensive phone bearing a fruit logo. At least, not because of the fruit logo. I had believed that specifications, performance, price and ROI should be essential contributors to my buying decisions just as math, physics and other sciences are essential contributors to my understanding of the world.

But as I moved forward in life and in business, I’ve become increasingly sensitive to the power of the intangible, to the realm of the unexplained and to the legitimacy of feelings, myths and impulses to comprehend the world. Although it’s biologically questioned, the conceptual “left vs. right” dichotomy of the brain remains a good proxy to understand our decision processes. And when it comes to business, the shining power of our right, intuitive, emotional brain confirms Tim Sanders’ claim: “Love is the killer app.” Just like everyone else, I’m also irrational (much to my initial dismay), and victim of the power of brands.

In your business world where lawyers and bottom lines have so much power, how much of your decision process is based on love rather than on objective evidence and computable demonstration?

Bansky, the famous street artist, gave us a convincing hint. He offered some of his original artworks for 60 dollars on an anonymous street stall in New York. Buying them would have been quite a smart investment. Bansky is a hot property; his pieces regularly attract anything from $40,000 to north of a million! But the stall was not branded. It exhibited naked, intrinsic value. And…barely sold anything ($420 in a day). Let’s do the math: a $60 investment for a $40,000 market value, that’s less than 0.15% of the price allocated to its intrinsic value (its performance, so to speak); the rest, a hefty 99.85%, lies in the power of the brand. And if I had bought one of this canvas and sold it the same day, I would have made a mighty 67,000% return!

Watch the video here – and enjoy the bonus hug from Bansky:



This example with the street artist Bansky reminded me of a similar experience with Joshua Bell, who played for tips in a metro station in Washington, DC. Joshua is one of today’s most acclaimed violinists. He played Johan Sebastian Bach, arguably one of the strongest long-term brands in music: JSB is the Coca Cola of cantatas, Steve Jobs turned contrapuntist! Joshua played on a Stradivarius, the ultimate violin brand and undisputed worldwide leader for the last 300 years. Joshua, Johan Sebastian and Stradivarius collaborated to create the ultimate musical experience and value. But they delivered it raw, unbranded, naked, and free.  It went totally unnoticed. Joshua made $32 for a 45-minute performance, an hourly rate on par with Bansky’s stall, ridiculously below the market value of their relative brand.

Take a break, sooth your soul, enjoy Bach by Joshua:


Joshua and Bansky have, intentionally or not, developed and earned their brand equity through a long and complex process. But we, the unsavvy audience, the serendipitous passers-by, the market, we value these resulting brands more than their talents, more than their intrinsic performances. To such an extent that it’s even reasonable to say that now, we value only their brands.

One could argue that these examples have a limited demonstrative power since they concern art, which is irrational by essence. But we all know this applies to every person, product and brand.

Take motorcycles: there is nothing more mechanical, performance-oriented, physically measurable than a bike: horsepower, torque, power-to-weight ratio, electronic assistance, fuel consumption, braking distance or 0 to 100 mph times – so many objective data points! Yet bikers are the most irrational and dishonest consumers. No seriously, I’m a biker. And I can go to a disturbing extent of pseudo-rational arguments to “demonstrate” how L-shaped twins on red bikes are the best possible engines in the world; and their price-to-performance ratio doesn’t count (yes I’m a Ducati fan).

And no need to talk about the old Apple-Microsoft and the new Apple-Samsung religion wars to make this point any clearer or more universal.

Brands are the irrational power of our supposedly free and rational world.

Our right brain holds the purse strings. We buy stories and emotions, not specifications or functions. Love always wins over performance.

Two interesting evolutions in marketing are trying to leverage the power of love. One is neuromarketing. Sure, this is a science, while love is not. But its purpose is to map, and navigate the decision process of a buyer outside the rational “if then else” analysis. The second one is social media marketing. In social media marketing, sellers try to bypass the rational analysis of buyers and replace it with social value: “If my friend loves this product, then I should love it too”. These sales channels are recent, but they yield results.

How does this impact us as individuals, as professionals, and as people?

I have three takeaways:

  1. Fighting our ways out of dogma is a necessary mission where the enlightening power of rational thinking should never be discounted.

  1. But know it: you, too, are irrational! It’s OK if you ride a Ducati and use an iPhone.

  1. Your community, your users, your customers are just as irrational as you are. Develop your brand: demonstrate your thought leadership, tell your story, give love freely and give good reasons to be loved. The good news is: Social Media has opened this possibility. You too can be part of it! You do not have to accept that Johan Sebastian or Apple will forever be the only brands: define your niche and carve your way. Leverage both brains of your audience: be your brand.

This entry was posted in Opinion and tagged apple, bach, brand, branding, ducati, Marc Rougier, personal brand, steve jobs by Marc. Bookmark the permalink.
Most discussion on the generic topic of social influence centers on persuasion in a social environment.

Through an active online presence of blogging, commenting, participating in forums and on social networks or through word of mouth we all are in a way looking to influence and find influencers. Those that are actively involved in particular areas may be researching, simply voicing opinions or trying to draw attention to a product or service albeit from a positive or negative aspect.

Using influencers to increase market awareness of a firm amongst target markets is a method that can accelerate your visibility and culminate in getting known in circles that can have a huge impact on one’s success.

All of us who are actively involved in social networking whether it is online, offline or a combination of both are all looking to further ourselves or our company in some way.

Getting noticed by an influencer whether it be a decision maker in a company with whom you would like to do business, one who is well connected with key people in your industry or a current or potential customer can often act as an accelerator for business.

Influencer Marketing, as increasingly practiced in a commercial context, comprises four main activities:

Identifying influencers and ranking them in order of importance.

Marketing to influencers to increase your awareness within the influencer community

Marketing through influencers, Marketing with influencers and turning influencers into advocates of the firm.

Influencer Marketing is enhanced by a continual evaluation activity that sits alongside these four main activities.

Exactly what is included in Influencer Marketing depends on the context (B2C or B2B) and the medium of influence transmission (online or offline, or both). But it is becoming increasingly accepted that companies should be identifying and engaging with influencers.

As marketing experts Keller and Berry note, “Business is working harder and paying more to pursue people who are trying to watch and listen less to its messages." Targeting influencers is seen as a means of amplifying marketing messages, in order to counteract the growing tendency of prospective customers to ignore marketing.

Onsite social communities and newsletters are an effective and low cost method in which to engage with and gain valuable knowlege from influencers both in B2C and B2C.

Social Communities allow businesses not only to connect and follow existing customers but also to engage with their employee base. This is a centralized way in which to communicate with, retain and turn your existing customers and employees into marketing influencers and brand ambassadors.

On the B2C side Newsletters help to connect with influencers to draw their attention and educate them on the value of your company and what makes you unique.

But a large part of the problem is that many companies view social technologies as yet another tool to be implemented rather than as an enabler of organizational and marketing transformation.

It is said that one in every 10 Americans is what they call an "influential." These people have a tremendous impact on the rest of society because their ideas and opinions are sought out by the colleagues, friends, family and community members around them. The conversations they hold and the examples they set have the power to shape the community's behaviors and attitudes.

Based on this statistic, how many untapped influential customers or employees might already be in your database or working within your organization. And with a one in ten chance of finding an influencer and making them an advocate for your business through that newsletter, onsite community, forum or professional group it is an economical avenue worth pursuing that can provide substantial long term rewards.

William Cosgrove
These days, everyone around us seems to be concentrating on their mobile devices and social networking applications 24/7, while these new technologies are significantly changing the lifestyles of billions of people on the planet.

In the morning, we check the news on Twitter and follow our friends on Facebook, before updating our status. At noon, we upload the photographs of our lunch on to Instagram. In the evening, we use social networks to hang out with friends, find new restaurants, and make important decisions about our professional and personal lives. At last, we check to see what others think about popular topics through online social posts.

Once viewed as a tool for students and teens to connect with one another, social networking has become a medium with profound impact on the society as a whole. Coupled with the explosion of mobile devices and new Cloud delivery models, what we have now is the perfect storm of industry trends which make this the right time for social networking to move from mere social pleasures to the territory of business matters.

Social Network to Social Business
As the social network phenomenon is spreading across the world, playing major roles on people's professional and personal lives, the most popular applications are opening up enormous business opportunities like never before. A large number of organizations recently began to study trends and patterns of social networking in order to gain valuable information to create an edge for their competition. The more insights the organizations can pull from social networking, the more efficiently they can improve and grow their businesses.

IBM's 2012 CEO Survey revealed that 57% of CEOs identified social business as a top priority and more than 73% are making significant investments to draw insights from the data. Another recent IBM study of more than 1,700 chief marketing officers revealed that 82% plan to increase their use of social media over the next three to five years.

Social business has become the next big challenge for organizations. Social networks are now the new production line, a place where employees, partners and clients connect to share vast amounts of knowledge. The big winners will be those who harness the ability to capture and analyze the knowledge their social networks create and share it throughout the business to accelerate innovation, out-market competitors, and remove boundaries internally and externally.

Opportunities arise 
Organizations are changing their business model. For example, chief marketing officers are looking to gain insights from both internal and external data from sources like Facebook, Twitter, and public forums in order to react more swiftly to customer trends and build their brands. HR leaders are looking to build communities to improve recruiting and talent management services.

In addition, marketers have to move fast to capture the new trend created by new consumers' behaviors as consumers seek for the best opportunity and offer they can have. The rise of "showrooming" is a good example of this. Showrooming is the practice of examining merchandise in a traditional brick and mortar retail store without purchasing it, but then shopping online to find a lower price for the same item. After purchasing the item, the showroomers are most likely to write reviews for their peers on social networking sites to read. Of course, marketers cannot neglect this. Timely responses to this emerging behavior are needed in order to capture and retain the customers.

Social collaboration connects across global lines
The advancement and wide adoption of new technology has enabled organizations to increase their capabilities. McDonald's South Africa used IBM Connections social business software to create a Social Network for 8,000 employees in over 200 McDonald's restaurants to communicate and share ideas with each other and work together more efficiently. As both a tool for internal communication and training between branches, the network links employees, while helping them understand and adhere to the brand's promise to provide quality, service, cleanliness and value.

Today, enterprises such as Boston Children's Hospital are using social networking to boost its business. Every year, almost seven million children under five years old die of pneumonia, diarrhea and malaria. Thus, the hospital created social technology, including cloud, data analytics, video, and simulation technologies, and then combined them with its world-class knowledge and medical expertise to bring pediatric care to global communities. By partnering with IBM Interactive, the hospital developed a technology interface platform called OPENPediatrics. This cloud-based education platform equips doctors and nurses with the knowledge and skills they need to save children's lives during intensive care situations through knowledge sharing on social network. The platform allows pediatric care providers to exchange ideas, best methods of treatment and discuss questions between peers. As the platform grows, content will extend beyond critical care. And more importantly, more lives are saved.

Social media monitoring & analytics solutions
Social business technology is also brought in to build better relationships with prospective customers by listening to and understanding customer needs. What customers say on social media sites about their products and services will be brought in for analysis and assessment to find insights for product and service development, including improved communication patterns in real-time. In 2012, the Institute for Business Value found that 66% of businesses use social networking to gather information and increase productivity. Within the next two years, organizations using social networking to mine information will increase up to 84%.

Cincinnati Zoo is another example for the best use of analytics solution to achieve its business goal and enhanced customers' experience. By deploying IBM analytics solutions, the zoo managers can virtually see real-time information about traffic at different corners and customers' reaction without physically walking around the zoo themselves. This gives them the real insight of visitors' need and thus enable Cincinati Zoo to improve its service and offer new products that better serve its customers. In the end, this saves the Zoo more than $100,000 per year by identifying less effective promotions and discounts, allowing resources to be redeployed to more productive initiatives. It also contributed to a more than 25 percent increase in food sales compared to the previous year.

Cloud – the Enabler
Cloud computing is the key enabler of this phenomenal change. Known for its highly secured environment, reliability and interoperability, cloud has become that invisible thread that is bringing all key information together with ease of use and efficiency. Thanks to cloud that enables embedded intelligence/analytics, business has the potential to engage employees to identify top talent, deliver mobile banking services, individualize marketing campaigns, and provide government services to citizen. With cloud-based applications and technology, a company or an organization can rapidly move ahead in adopting new strategy or deliver new products and services. They are empowered with easy access to innovative software and business process services that deliver improved business outcome. In fact, according to Gartner, more than 60% of all enterprises will have adopted some form of cloud computing this year. With so many successful examples at hand, executives in the new era of computing are forced to address the power of social and business networking, while reinventing business models globally. -


Article by BangkokPost.com
According to Urban Dictionary, a "Belieber" is one who is an obsessive fan of Justin Bieber; a person who loves Justin Bieber and believes in everything he can do. This mashup of believer and Bieber may be an extreme example of fandom, but it is a powerful one. It's easy to dismiss Beliebers as just teenage lunatics, but these "lunatics" are exactly what's missing from many of today's brands -- Passionate Advocates.

Justin Bieber has a fan base that is widely known as passionate and captivated, and more than willing to advocate on his behalf. Brands have traditionally used top-down marketing strategies such as advertising, PR, events/sponsorships or direct marketing, but advocacy is a relatively new venture for many organizations. An advocacy-focused marketing strategy helps brands to build the equivalent of Justin Bieber's avid "Belieber" fan base. With over 46 million Twitter followers who retweet, comment and repost his content, we have from a marketing perspective a perfect example of brand advocacy at work. He engages with his fans regularly to develop a relationship with them, fostering advocates who readily market on his behalf. They attend his events, market his products to their network and start their own communities to engage with likeminded fans. Most marketers would agree that brand advocacy programs are a good idea but the ultimate challenge is finding customers that are willing to display their passion for your brand. Social media has definitely made it easier for brand advocates to share their opinions. But what truly drives people to express their passion and trust for a brand and how can marketers encourage them to remain advocates?

Here are some simple steps to create a customer advocacy program that will generate the genuine passion your brand needs while helping your brand to achieve company growth and awareness:


Seek Out The Right Brand Advocates
Identify your brand advocates and learn more about who they are, what they like about your brand and where they are talking about it. Users who are interacting with brand content and "liking" your social media pages are a first step. Social analytics can help you identify what topics or features are driving positive conversations about your brand and who is involved in those discussions. Identifying your advocates isn't a one-time deal either. You should be identifying your advocates continuously. The more recruits you have, the more impact it can have on your sales and marketing.


Build Direct Relationships
Understand what motivates your advocates to interact with the brand and create a steady cadence of communication that is targeted uniquely to them. This most certainly does not involve a paid relationship. Instead, focus on providing access to unique information about your brand such as advanced announcements of events or products, a reward or recognition program or special offers. When your advocates engage with you, respond and do so in a timely manner. When a direct relationship is cultivated, your advocates will be more willing to help market the brand.


Consistently Engage
Devise a content strategy and editorial calendar to ensure that your brand keeps advocates consistently engaged for easy social sharing. Content can range from infographics to GIFs to behind-the-scenes footage of the company to drive excitement and build interest. The goal is to encourage and enable advocacy everywhere so it’s easy for advocates to spread the word with everyone. Think about increasing advocacy levels in three ways:


Volume: Map out customer touch points and ensure that they are given adequate attention. Your social media manager should do more than check the company Facebook page once a day. Leverage your audience to advocate on your behalf by interacting frequently and with variety. Share reviews, distribute news and ask questions.
        
Customization:
Customize messages and generate authentic conversations to create deep fan engagement and advocacy.


Reach: Use various channels, including employee communications, social content, mobile apps and websites to influence your key advocates with trustworthy content at the right time.
  1. Measure Positive Effects of Advocacy
    Measure ROI with real-time dashboards and analytics. A simple positive/neutral/negative tracking system does little to help understand the degree of recommendation around a brand. Instead, brands should pursue a more advanced tracking system that looks at the ability to increase advocacy over time and identifies key drivers. Know when customers promote your product, how many people they reach, who they convert into new customers and how much resulting revenue they generate for your brand. 
Attracting and driving passion for brands takes time and genuine commitment. The challenge for marketers is to find and build relationships with key influencers, sustaining those relationships through engagement, and then measuring the results to show effectiveness. When engaging their audience, brands need to focus on staying visible across multiple channels, being relevant by providing content that matters and responding to advocates with authenticity. These are the key ingredients for a successful customer advocacy program and, once mastered, passion will be ignited and your regular brand believers will be transformed into "Beliebers."

By Russ Fradin is the co-founder of Dynamic Signal and a digital media industry veteran with more than 15 years' experience in the online marketing world.

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