THINKing

Top 5 Posts

Here are the Top 5 Posts From THINKing this month, in case you missed one. Let us know which is your favorite.

The Rule Of Reciprocity

Twittering Journalists

Say What You Mean, Mean What You Say

Creativity 2010 - Week #7

Face Time

bookmark to:

Squirrel!

Like Dug The Dog from Pixar’s movie, Up!, marketers too often are distracted by the latest shiny thing. In my view, strategy should dictate tactics. But tactics are fun and strategy is hard, marketers say.  And that’s the way it is with social media. More than half of all marketers are currently engaged in some form of social media, according to eMarketer, but do they really have a grasp of how it fits into overall business objectives?

“With so much intense interest and activity, the big question is, Are marketers doing it right?” said Geoff Ramsey, eMarketer CEO and author of “10 Best Practices for Success with Social Media,” one of the Insight Briefs in the series. “Since social media marketing has the potential to affect so many areas of an organization,” he said, “the enormity of this opportunity leads many marketers to chase after every technique, tactic and metric that passes them by.”

Social media is not about marketing, and that is why I believe an organization’s PR group should take the leadership. Good public relations has always been about dialogue, listening to your publics before you respond.

Do you agree? Tell us who you think should be responsible for social media.

bookmark to:

5 Best Posts - January 2010

We had some very popular posts in January - some old and some new. I thought I’d share them with you.

1. 8 Ways To Use Twitter Lists
2. Twittering Journalists
3. Be Relevant
4. When Billboards Go Bad
5. 7 Ways To Kickstart Your 2010 Marketing 

What’s your favorite?

bookmark to:

#1 With A Bullet

Old radio guys like me remember the phrase “#1 With A Bullet.” This was what you said about a hit record (wow, does anyone else remember records?) that was #1 on the chart and continuing to sell well.

Well, I want to know what marketing tactic is #1 with a bullet on your 2010 list.  eMarketer seems to think that email may be at the top of many marketers’ lists, followed by social media, search and advertising.

The real news out of eMarketer is this,

Combining social media and e-mail marketing is a growing trend. More than four in 10 business executives said integrating the two tactics was one of their most important e-mail marketing initiatives for 2010, just after improving performance and targeting and growing opt-in lists.

Now, integrating email and social media is not just including links in your emails to your social media profiles. It could include cross-promoting newsletter content on your blog or even polling your followers on Twitter and using the results in your blog and enewsletter.

Are you integrating your email and social media programs? What else tops your list? Tell us about it, won’t you?

bookmark to:

7 Ways To Kickstart Your 2010 Marketing

It’s 2010, now what? Have you completed your marketing planning or did you leave it to the last minute? No matter. We have 7 ideas of things you can do to kickstart your marketing.

Define Your Customers.  I had a client one time who told me that “all carbon-based lifeforms” were the targets of his advertising. Needless to say, I quickly disabused him of that notion. If you want to spend your money wisely, this is the#1 thing you can do right now for your marketing effort.

Focus On Current Customers. I know that you want to go out and take down that new business buffalo, but you’ll get a greater return by getting more business from current customers.

Get Referrals. If you have done a good job for existing customers, they will tell their friends about you. But you need a strategy to make this happen.

Activate Your Customers.  It is no secret that I believe email is still one of the best ways to generate goodwill, referrals and business.  Plan your email attack to activate customers now.

Open Your Wallet. I’ve been accused of being against paid advertising. I am not. I’m just against unplanned, poorly focused advertising. Some of your competitors are still weak from the recent economic strife. You still have an opportunity to kill the weak, if you’ll spend some money smartly to take market share.

Be Sociable.  Humans - being human - love social interaction, particularly of the face-to-face variety. Always have, always will. So, look for ways to add human interaction to your marketing. Also, reexamine your approach to social media.  

Be Tactical. First off, let me say that I’m a strategy kind of guy. But sometimes you just need to do something to get your marketing off dead center.

bookmark to:

Marketing Spending Pays Off

Well, here’s a big surprise: small businesses which spend more during a downturn actually do better financially. Marketing professionals have been giving this advice to businesses of all sizes since the first recession. But too many business leaders make marketing their first, instead of their last, cut. It’s nice to have some empirical data to prove our assertion.

According to the “Small Business Marketing Health Check” report from Hurwitz & Associates, there is a correlation between small businesses that are doing well and greater marketing spending. Almost two-thirds of small businesses that expected increased revenues had raised or planned to raise marketing spending, compared with just 32% to 36% of businesses with flat or declining revenues.

During previous recessions, American Business Press has sponsored two studies on marketing expenditures, and the group found that:

- cutting spending on marketing and advertising during a recession produces negative short and long-term results in relation to sales and profits

-  additionally, during the 1974 - 75 recession years, the study found that companies not cutting marketing had higher sales and net income during those years and the two following years compared to companies which cut in either or both recession years.

But you have to be smart. A recession is not a time for profligate spending. You need to determine what is working best in terms of immediate lead generation and sales. Luckily, this time we have access to lower cost, easier to track digital media.

The previously mentioned “Small Business Marketing Health Check” indicates that smaller businesses were shifting away from traditional media and toward social media, email newsletters and search.

“The survey clearly reveals that the use of low-cost Web-based marketing tools is playing a strategic role in helping businesses succeed,” said Laurie McCabe, partner, Hurwitz & Associates, in a statement. “Making a few changes to incorporate more online tools into the marketing mix seems to be a key ingredient to small business success.”

What are you doing to tweak your marketing during this recession? Let us know.

Related articles:

Retailers Boost Spending on Holiday Advertising

How To Thrive In A Recession

bookmark to:

Twitter Lists: Twittering Journalists

Finally, Twitter is offering a lists function. None too soon.If you need more info on Twitter lists, Mashable is a good resource.

We set up the My Creative Team Twittering Journalist wiki last year in order to develop a directory of journalists who were using Twitter. This was not an ideal solution, but it was good enough at that time. With the new Twitter list, we can move that wiki online. This makes it easier on everyone to follow twittering journalists.

We have established a USA Twittering Journalist List and a Canada Twittering Journalist List. They are not yet complete, but feel free to begin following them, and let us know if there are other journalists you are following who should be on the list. Next on our agenda, media outlets using Twitter.

bookmark to:

Social Media: A Tactic Seeking A Strategy

Every time some new tool comes on the scene that possibly could be used in marketing or advertising, organizations jump on it with no forethought. The tactic du jour is social media.  A recent survey indicates that a majority of media buyers are adding social media to their 2010 budgets.  According to the 2010 Media Planning Intelligence Study from the Center for Media Research,

57.7% of respondents “ideally” plan, and 56.3% “realistically” plan to include social media in their media plans next year. That finding is significant, because it shows the rapid speed with which social media, including social networks like Facebook, micro-blogging services such as Twitter, and other new and emerging formats connecting people to each other online have taken a precedent with both consumers and marketing and advertising industry professionals.

Now, if you ask these buyers why they want to add social media to the advertising mix, you won’t get much in the way of solid, credible support for getting on the social media bandwagon. They want to be there because it is all the rage. Hello, people! What happened to hard-nosed number-driven media planning?

I ran across this piece from ClickZ Columnist Sean Carton, who agrees with me that this trend is worrisome.  Says Carton,

Sure, plenty of clients (and prospects) I’ve spoken to in the past year or so made vague noises about viral video or being on Facebook or tweeting, but when I’ve pressed them for why they want those things, few can give me an answer.

They have been hypnotized by the steady media drumbeat extolling the virtues of social media. They, too, are probably being pressured by clients and organizational higher ups to add social media to the plan, strategy or not.  It is up to us to help determine whether social media makes sense for our organizations.  And if it does make sense, what should our approach be? Like every other media decision since time immemorial, your target audiences will direct you to the appropriate decision.

bookmark to:

Face Time

Some social media proponents would have you believe that the digital world is the new Nirvana. Guess what? Humans - the users of social media - haven’t really changed their behavior in 75,000 years. Although, we do dress better now, and we’re not all cavorting naked on the plains of the Serengeti.

Humans - being human - love social interaction, particularly of the face-to-face variety. Always have, always will. In fact, a recent survey by Forbes indicates that executives favor face-to-face meetings over the virtual kind.

A majority of executives say the recession has cut back their travel and face-to-face meetings, and they don’t like that very much. A full 84% of those surveyed say they prefer real-life interaction over digital.

Although you can’t meet with everyone of your online shoppers, you can provide them some human interaction, too  They are craving this. According to an August 2009 survey conducted by Harris Interactive for human-assisted shopping site IMshopping,

77% of US Internet users who made an online purchase in the past six months would be interested in help from a real person before buying certain things on the Web. Though a majority of online shoppers reported a desire for help at least some of the time, 82% of respondents said they had not been able to get that assistance in the past. And more than one-half of that group said it had affected their purchase decision negatively—at least some of the time.

I’m not saying there isn’t a place for virtual meetings and online interaction. I’m just saying that you need to understand the genetic need humans have for the tangible. It’s harder to read people during digital interactions, and you can’t build deep, meaningful relationships solely using ones and zeroes.

The same holds true for tangible marketing material. There is a time and place for everything, and now is the time for you to stand out by being more tangible to your customers and allies.

bookmark to:

Social Media: Nothing New To See Here

Social Fresh, a conference on this thing we call social media, was held in Charlotte August 24.  The presentations were top-notch and the networking opportunities were excellent, but at the end of the day I can report there is nothing new about social media.

If you are in PR and have been practicing it correctly, you can handle social media. PR is about dialogue. So is social media.

If you are in marketing and have followed best practices, you can handle social media. Marketing is about crafting a relevant message and delivering it to the right person at the right time. So is social media.

The big questions about social media are the ones we have wrestled with in marketing for years: how do we integrate social media into the fabric of the organization, and how do we show hard-nosed business executives that social media does have an impact upon the bottom line.

Is social media new and different, or is it the same-old, same-old? We’ll be talking more about this in the days ahead, and would love to have your thoughts on the topic.

bookmark to: