Diamond Marketing and Selling the Experience

This morning I was listening to a local radio station when a diamond store’s advertisement played across the speakers… I sat there at the stoplight listening to the words…

“We are the ONLY diamond store that buys direct from the manufacturer… cutting out middleman pricing… best quality diamonds… friendly service…”

Truthfully… the ad was lame. There was no story telling… there was no emotional buy. There was nothing that invited me to continue the conversation. I decided to look into the other diamond sellers and manufacturers in the city. You guessed it… they were all the same. They all said the exact same thing.

Frankly, I do not care that you had to fly to Hong Kong to buy your diamonds. I don’t care that you are cutting out the middleman pricing. I care that you treat me the right way when I walk in the door. I care about the experience of the purchase not the purchase itself.

When we are selling a professional product or service it is important to DIFFERENTIATE. It is a lost art. How do you differentiate in a world where everything is starting to sound similar… sound bland?   It is essential that you gain the trust of the individual before they buy. It is essential to encourage your customers to tell the story.

You can buy as many radio, yellow pages, or newspaper ads as your budget allows… it only breaks the surface. The experience sells the product. How are you using your website, social media, traditional marketing, and networking to tell your story.

Do not bore the world with details… tell them the story!

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Do Tight Corporate Social Media Policies Help or Hinder?

Linda Skrocki is the Senior Engineering Program Manager/Owner for Sun’s primary, external-facing community sites (blogs, forums, wikis, etc.). In addition to being a corporate social networking evangelist, she has managed many of Sun Microsystems highest profile web programs over the last 9 years.

What is your risk & transparency tolerance?

That’s a question every company must ask before embarking on their officially branded new media journey, but let’s be honest, tightly controlled content is nothing more than traditional website content and/or press releases. If that’s the most risk your culture/policy allows when it comes to marketplace conversations via social media platforms, don’t waste time and money implementing an external-facing officially branded collaboration site — it simply won’t be an environment conducive to meaningful, authentic marketplace conversations and certainly won’t foster healthy business relationship building that ultimately affects your bottom line.

If a tightly controlled or no approach is the chosen path, it’s important to note that conversations about your company, good and bad, won’t cease to exist. They’ll just have to happen elsewhere — most likely in places far less findable by you; thereby, giving you less opportunity to:

• amplify positive company & product feedback from the marketplace
• strengthen your company & products by listening and acting upon negative feedback
• rally interest and extend awareness by being able to easily participate in the conversations

(Re)evaluation of our fears

Still reading? Thinking your company’s social media policy might need a laxative? Not sure how to get started? Try this: Each overly rigid policy term is based on fear of a specific situation. Examine each term & it’s fear-based situation & ask:

1. Aren’t these legal bases already covered in our company’s employment terms and/or site Terms of Use?
2. Why are we trying to control conversations employees & the marketplace may have on social sites any differently than conversations they have at a bus stop, dinner party, etc.? Don’t we want them to drive awareness of our company and products?
3. Why are we scaring our employees to a degree that they don’t want to engage in cool and interesting marketplace conversations about the company and our products?
4. In the statistically* unlikely event that an employee goes hostile and says bad things about us,
   a) do we really think policy will stop them?
   b) wouldn’t we want the likely inaccurate rant to happen in our own backyard where it’s more easy to find and respond to?
5. Is it really worth sacrificing hundreds of thousands of fruitful conversations because we’re afraid of a possible nasty conversation?
6. What if the nasty conversation happens? Why can’t we just counter by publicly correcting the inaccurate points with facts and own-up to the accurate points by making our product stronger and gaining bonus points for driving this awareness?

Relax, Trust & See Goodness Unfold

I’m not saying let go entirely. Employees appreciate guidelines. They want to remain gainfully employed and don’t want to get themselves or the company in trouble. They may not clearly be aware of the company’s stance on topics to avoid if they are buried in pages of legalese. To augment existing employment terms, a set of brief, comprehensive social media guidelines will not only stand a better chance of actually being read by your employees, but will set everyone’s minds at ease by knowing how to effectively engage in the social media space.

If you need a solid example of an effective set of guidelines, Sun’s Guidelines on Public Discourse has stood the test of time and has proven to be amazingly effective not only for Sun but for other companies who have used it as a model.

* Example: http://blogs.sun.com, along with the Guidelines on Public Discourse, deployed in 2004. No approval is required prior to employees blogging. The original tag line “This space is accessible to any Sun employee to write about anything” remains in place. As of this post, there are more than 140,000 blog posts and only a handful of possible policy violations have been raised.

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25 Reasons Why Your Company is Boring

(This was sparked from a Seth Godin post called You’re Boring. It was brilliant. I had to write about it.)

You know you a boring business if..

1. You have a tri-fold brochure with little business cards that you hand out to everyone you see… and I do mean EVERYONE.

2. You designed the tri-fold in Publisher.

3. You are using a type-font called Arial, Times New Roman, or Courier for your logo… and you made the logo in Microsoft Word.

4. You decide not to blog because “I just don’t have the time.” Your potential customers don’t have the time to read it anyway.

5. You use your initials for your company name. (This is a give or take depending on your initials)

6. Yellow Pages is the only marketing for your business because you have been doing it for a decade. Why change a good thing? (ha)

7. You attend networking events and take as many business cards as possible but never help another business professional.

8. If your website says “Copyright 2002″ or anytime before 2007.

9. All your collateral material looks different… different colors… old logos… better yet… no logo.

10. You refuse to think outside the box and go out on a limb (marketing or anything else).

11. You get up after 9am.

12. If you photo-copy a flier and hand it out. Spend the extra money and get full color. Better yet, don’t use a flier. Doesn’t everyone?

13. You have an individual answering your phone that sounds like they just woke up from a nap or smoked a bowl.

14. YOU USE AN EMAIL THAT Ends with a phone or cable company: AOL, SBCGLOBAL, or the like.

15. You refuse to act on ideas until they are safe or your competitor does it. Ready, Fire, Aim. Fail.

16. You do not attend networking events because you have “better ways to spend your time.” You will be spending your time closing your business account at the bank.

17. You never have a new idea. You just copy others.

18. Social Media is scary to you. So you do the next best thing… you ignore it.

19. You hard sell EVERYONE. Nobody cares. Put away your product or service. Can I get to know you first? I don’t give a crap if you can save me 20%.

20. You have goals. Wait. Well, you HAD goals but you didn’t write them down so…

21. You look down your nose at everyone who is younger or less experienced. You never pay them but want to share services.

22. You actually cut your marketing budget because sales are down.

23. Your Twitter account has no interaction… just a broadcast message.

24. You send an Auto-DM on Twitter. Period.

25. You cut your business cards yourself and left the tattered edges.

The best things about having a boring business is that you can change. You can turn into the vibrant and growing company that will be the pride and joy of your life. Well, other than your children or significant other.

Social Media is NOT Another Way to Scream

Frankly I am getting tired of seeing the “Grow Your Twitter Followers 10x Faster” crap that is rolling across my dashboard every thirty seconds. When are we going to reach the point when marketers realize that screaming to the masses is not going to yield the same return that it did 20, 30, or 40 years ago? Many marketers view social media as another way to scream at people with a message… albeit a more niche mass… but it is still the same process. And it is going to kill you in the long run.

Design a message and broadcast it as much as possible. You know… Repetition, Repetition, Repetition…it is the best form of marketing!

Give me a break.

The the last thing you should be doing as a communication professional is trying to figure out how to scream… louder, faster, and stronger… by using social media. This does not show any type of intelligence on the part of your company. This does not show any type of evolution in strategy or marketing concepts. There is a reason why businesses evolve, adapt, and change.

When is the last time you acted friendly towards somebody screaming at you… unless it was Bono at his concert? And even then… it is kind of annoying.

Put down the megaphone and use social media as a communication tool and not a screaming tool.

But most of all… listen… and then talk.

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Digital is Killing Traditional

If you are familiar with the Did You Know 3.0 video… you can appreciate the importance of videos that portray the fundamental belief that social media/online communication is taking the forefront in the business mind.  Okay that was a wordy sentence.. I apologize. The creators of the excellent Did You Know 3.0 video have now released a new video that details the growth and expansion of digital distribution compared to traditional media.

You will enjoy it. Believe me.

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5 Ways to Track Your Competitors Using Social Media

My post on Tuesday talked about the growing trend of social media being used in order to gain more lead generation and marketing potential in businesses across the nation. You are going to need to be online. You are going to need to have a voice in this world of social communication.

Can we talk about another reason to be on social media? Are your competitors using it? This should be a deciding factor in whether or not you get involved. So where do you start? The first thing is to investigate.

1. Sign up for an account at Competitious.

Competitious is a cool tool that allows you to track, organize, and solidify data from your competition. Right now the beta is a free account… jump on over… sign up and try the tool. It also allows you to share and collaborate on different forms of data internally inside of your company.

2. Use the search tool SocialMention.

SocialMention is a keyword based search engine that aggregates different forms on content from across the web. You can search on microblogs, blogs, comments, events, and images (to name a few). Receive free daily email alerts of your brand, company, CEO, marketing campaign, or on a developing news story, a competitor, or the latest on a celebrity.

3. Google Alerts never hurt anyone.

Google Alerts is an awesome tool that allows you to sign up for… you guessed it… email alerts when a keyword is used in any type of content on the web. I have setup keyword alerts for Indianapolis social media, social media, Kyle Lacy, Brandswag, Twitter Marketing, and corporate social media. Check out this tutorial on how to use Google Alerts.

4. Do some investi-ma-gative journalism.

This should probably be step number one but it seems pretty simple… go to their website. If they are using social media in the right way they should be listing the tools in which they use. Follow them… feed them.. watch them. You could learn a ton from the way they share information.

5. Use HubSpot to track down the competition.

Hubspot has plenty of tools that allow you to track and influence different levels of your competitors use of social media. They give you the ability to track conversations online and hook up with different influencers in your industry. This is a paid service but it can extremely beneficial to the long term success of winning over the competition.

Get out there and listen to the net!

Are there any tools you have used? I would love to hear more!

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Video: My Thoughts on Social Media Productivity

This video was made about a year ago when Brandswag was still working out of my apartment in Fishers, Indiana. Please ignore the dresser. I wanted to repost it because of the content relating to the productivity of social media.

Are You Coming To The Hullabaloo on Sept 16?

I am happy to announce that I will be speaking at the AddressTwo Hullabaloo which is going to be held on September 16th in Indianapolis. What is this thing all about… other than the weird name? It is beyond cold calls and bulk mail… it is about hunting down new business using tools that are revolutionizing the way we communicate with each other. This is a half day extravaganza of networking, workshops, marketing ideas, hunting for new prospects, and killing it on sales/business growth.

More information on the Hulabaloo:

Who Should Attend?
The AddressTwo Hullabaloo is for anyone—whether you’re an AddressTwo user or not. The workshops and training you’ll receive are applicable for any business, regardless of how you manage your contacts today. Of course, if you’re interested in learning more about AddressTwo, there will be plenty of opportunities for that as well.

What will go on there?
The agenda will begin with a keynote address from reknown speaker and business coach, CJ McClanahan. Then, the afternoon will be broken into two 1-hour sessions during which you can choose which workshops you wish to attend. Finally, we will close with a short address from Nick Carter, inventor of AddressTwo, and then an hour of free drinks and networking.

Do I have to kill any animals?
No. All the food provided will already be dead and cooked. The hunting theme is only figurative. Loon Lake Lodge would like all guests to rest assured that no animals were harmed during the decoration of the lodge

Register Here: AddressTwo Hulabaloo

Should a Not-for-Profit use Twitter?

The first step in utilizing a social tool like Twitteris to understand the human element in relation to social media. The human element can be referred to as an underlying form of authenticity when using social tools for communication. When consulting with a company, I tend to recommend two separate accounts. You should always have social media tools for your personal life, which could be separate from your business. There are (of course) different argument for both accounts.We can go into that at a later date.

When a person is seeking out information on your company they want two things concrete information (hard data, contact info, about us, etc) and the human element (owner, employee, company mission, etc). Twitter, not to mention every other social media outlet, gives you the opportunity to show a more human side to your business/organization.

Next step: Just try it out. Start an organization Twitter account (ie. Comcastcares). Search for people in your area and start following. See what happens.

Put some HUMAN into your COMPANY. Believe me, it is worth it.

After all, an empty, heartless logo is the last thing a donor will give money.

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Ian Gertler from sympledages made an interesting comment after I published  my post last night about outsourcing social media. He said that internal evangelists are key to a successful social media strategy. The idea in itself is enough to stew over. What does it mean to have internal evangelists? What does it mean to have a team that is obsessed with creating the best company, products, and services imaginable… on the face of the planet?

Internal evangelists are individuals who love the idea of your company. They love what they do and make it a point to tell as many people as possible about the company brand. I am extremely lucky to have such a team at Brandswag and there is a big reason why these individuals are so powerful… they create the story.

Internal evangelists are the people that will make a social media strategy infectious to the external population yearning for new content about your product or service. They are the individuals who will stand up and scream your ideas from the heavens… a chorus of fans who love what they do and love the brand they represent.

Be very sure that you have the internal evangelists in place before implementing a social media strategy. The road will always be narrow… but trust me… the burden will be lite.

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