The Only Way to Business Success
I was in a meeting with a potential client… a company called Fanimation… and we were discussing the different parts of our proposal process. At Brandswag we have a 50/50 policy where half of the 12 month social media campaign is paid by the client and the other half is pay-by-performance. So.. long story short… if we do not hit the goals for the client in the last 6 months of the contract… we do not get paid.
(Side note: If you have a couple of minutes after reading this blog post… check out their website. The products Fanimation creates are absolutely unique and AWESOME… no joke… If you are a sucker for product design… check them out)
Nathan Frampton works for Fanimation and said something extremely peculiar to me… “I just want to write you bigger checks.”
I have owned a company for almost three years and have never had a potential client say that to me. I proceeded to ask Nathan what he meant by writing me bigger checks. I had a vague idea of the concept but wanted to hear it straight from him.
It is an easy concept to comprehend… do great work and you will be rewarded. There is always a base pay but if you create marketing vehicles, promotional campaigns, and tell the story of the company with enough gusto… you sell product… and when you sell product… you get paid. It reminds me of something that Barry Labov (owner of Labov and Beyond) told me recently… “You know you have done a good job for a client when they send YOU gifts.”
But let’s be honest with ourselves…is it really that easy of a concept? It hit me like a ton of bricks even though it makes complete sense after I thought it through..
Deliver and grow with a client… deliver what they need, want, and desire… THAT is the only way to business success.
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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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Coming Back from the Dark
I am just now coming back from being unplugged for four days. I am still on vacation (until the 11th) but I couldn’t stand being away for more than a couple of days. It is hard to balance leaving a world that you use on a daily basis and be completed pulled away from it… for more than 2 hours. Many would say, “Kyle. You are absolutely crazy. Your life is rotting away because of the Internet.”
To that i say… actually… I wouldn’t say a thing. It is impossible to argue with individuals who insist on taking the Internet to the level of some type of brain rot. I don’t find an issue with having the inability to unplug for more than 4 days. There is something built into the nature of social media… a social aspect that keeps you from staying away for more than a 4 day period.
I gain thousands of ideas and insights from using social media. There is a reason for my use of this wonderful tool and it is knowledge. Knowledge from millions of people across the globe. Ayn Rand would be proud of my selfish nature while using social media.
I will be in touch soon. Time to go wake boarding
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Is Outsourcing Social Media Okay?
I have been debating for many moons on the topic of outsourcing your use of social media. I will be completely honest with you… I have not come to a conclusion. We have been through the process of completing projects for clients where we supported all the content creation and “fed” all of the social networks. The goal was to create a mass interest in a specific topic. There were some that worked but the majority of them failed. It was hard to look at a failing project that used the tools I loved so much.
What went wrong?
In the majority of the failed projects it was the issue of emotional empowerment behind a message. It was hard for an outsourced contractor to take the view of the actually company. It was hard for us to replicate the ideas and aspirations of another company without being intimately involved in the daily routine. This ultimately led to the creation of education and training materials to be used internally by corporations.
Implementing a successful social media strategy is inherently connected to the daily routine. Take Zappos for example: by empowering employees to tweet about their daily routine and add in information about the company… they found extreme success by creating a HUMAN identity (more about that later).
I am not going to sit here and condemn the act of ghost blogging. I can look at numerous examples where ghost blogging has worked to some extent. If you can find a company that intimately understands your emotional tie between your company, products, message, and services it may be an easy fit. I do, however, condemn the act of ghost Twittering (more on that later).
In reality, the best social media communication is done by owners and employees. If you love what you do it shouldn’t be hard to scream to the heavens about your daily routine.
It is all tied to education. Educate yourself and your team on how to use the tools effectively and productively. If education and training are done the right way (with a great strategy)… you will see an increase in brand awareness and customer support without having to spend thousands of marketing dollars on outsourced implementation.
Although, it doesn’t hurt to have support it is important that YOU have a vested interest in the promotion.
What do you think? Is social media outsourcing a viable strategy?
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What The Top 10 Banks on Twitter Have in Common
ComputerWeekly released a detailed list of the top 10 banks on Twitter and what made them valuable to the end consumer. I made it a point to go through each of the bank’s Twitter pages and figure out (at least) one thing they had in common. This one thing is based around the overall usage of the Twitter tool and how the banks communicate with current and potential clients. What was the overall theme for most of the Twitter bank pages?
Customer support and communication. To be more specific: customer centric.
The majority of the top 10 banks on Twitter use the tool to support customers with Q&A, idea generation, and live feedback on account information. From my viewpoint… the top banks are actually using Twitter in the right way when it comes to communication. Customer support and service is a huge pull when viewing Twitter as a business tool (whether you are a bank… or not). What other points did I take away from the bank pages?
1. Communication is Key. Do not broadcast a message. If you are wanting to use Twitter for another RSS feed to share PR releases and company news, you have the wrong idea.
2. Listen to Customers and then Respond. It is important to take personal time and invest it in the use of the tool. If you are communicating with your clients it is important to reply back to their inquiries. The same concept applies to a missed phone call or email. Put major emphasis on replying back to questions and comments. Do not let any tweet go unanswered.
3. Every Follower is Important on Twitter. Let me rephrase that… Every follower is important on Twitter if they are REAL and actually MATTER. A Twitter user being real or fake is pretty easy to measure over the long run. We do not want to be communicating with spam accounts. You can tell is a user matters if they are actually sharing content and communicating a universal message to their followers. If they have something to be excited about (new content)… help them by sharing that content.
Take the top 10 banks examples and use Twitter effectively.. both for customer support and communication. Remember that social media is a two-way strategy… listen, speak, and then repeat.
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Who Are You Targeting on Social Media?
This is an old post but has been adjusted based on conversations over the past 6 months.
Jason Baer has a great post over at Convince and Convert called the 7 Critical Elements of Your Social Media Strategy. The post is brilliant for the small business owner wanting to get more involved in social media.
Why is his post brilliant?
It talks more about the internal business development than what TOOLS you should be using.
I am all for using Twitter, Plaxo, Myspace, Facebook, and LinkedIN but if you don’t have the traditional elements of your company connected… you are going to fail.
In the post he lists the third step in the seven step process as: Where is the Audience Cyclically? This explains that there are four different relationship patterns inherent in the promotion of your company.
Awareness: Maybe heard of you. (The-Lost)
Interest: Heard of you. Visited your Site. No Purchases (Stumbler)
Action: Made a single purchase (One-Time Charm)
Advocacy: Raving Brand Lunatics. (Jackpot) (Lunatic)
I decided to re-name them and go over how they fit into the overall social media marketing strategy.
Jason suggested that you should only pick two of the 4 Customer Profiles listed above when you are planning your social media strategy. I can agree with the fact that two is more than enough but I would suggest picking only one for your social media marketing strategy.
Why Pick Only One?
If you have planned your SM strategy correctly it is a part of your overall marketing strategy. You only have a limited amount of time and resources to fully promote your business. If you can use SM marketing to only target ONE of the groups… the strategy will be stronger and more effective.
This is especially true for beginners in the world of social media. One is enough for now.
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Expose Yourself. I Dare You.
“The lesson is, we all need to expose ourselves to the winds of change. We need to expose ourselves to our customers, both the ones who are staying with us as well as those that we may lose by sticking to the past.” -Andrew Grove, co-founder of Intel
I have a question for you… What is one of the largest public relations and customer communication problems facing companies?
I can help you out… it is ignorance and the decision to simply not listen. This concept can stem from every corner of a corporation or a small business. The CEO chooses not to listen because they simple do not know or a small business owner decides to ignore the ever changing world of customer communication.
We are experiencing a shift in how customers relate to brands. You can no longer hide behind a massive white paper, public relations firm, or marketing campaign.
The time is now. Expose yourself. Take the dive into the world of online communication. Start a corporate blog. Start a twitter campaign for a product. Get your customer service department trained in the ways of social media.
Can you feel the winds of change blowing through your window? Or did you decide to yank it close…?
Only to experience it being shattered.
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Redefining Your Customers with Social Media
There are many applications for social media when it comes to your business. We can talk about everything from content sharing, increase of qualified search traffic, or content creation. There is still one way that ranks in the top 5 reasons to use social media…
Turning Your Customers into Evangelists
We all hear the term… customer evangelists and to be honest, we have no idea what that truly means. Social media tools and the medium itself has finally created a way to truly reap the benefits of global communication with your best clients and friends.
You have the ability to use social media to empower your customers. You are creating a medium that turns your customers into the sounding board for your business story… and ultimately your business growth.
The next time you start to define your social media marketing plan… remember to include turning your customers into evangelists… one link at a time.
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Is Your Goal Growth? Empower your Employees with Social Media.
I mentioned in a previous post that I have been reading Seth Godin‘s book Free Prize Inside for a… I think… fourth time. In the beginning of the book is a quote that I have underlined another four times:
“If your goal is growth, marketing is all that matters–and everything you do is now part of marketing… Every product and every service can be made remarkable. And anyone in your organization can make it happen!” (pg.
This excerpt from the book hit me pretty hard when it comes to online marketing and using social media. The concept of EVERYTHING you possibly do in your company (both large and small) being connected to marketing is still an idea that is buried. I still have conversations with corporate employees or owners who are mistified that the PR side of a company doesn’t discuss anything with the marketing side or vice versa. Every service you create. Every phone call you take. Every PR release and marketing campaign you run. It is all connected to growing a brand… to growing your company. If you want your employees to talk about it. If you want every piece of your business to be a marketing vehicle… doesn’t social media make sense as a communication platform? Zappos has perfected the use of Twitter as an employee communication model.. Why can’t you? It is time to stop being afraid of the massive force of online communication. It is time to stop putting firewalls up because your afraid your employees are not being productive. They are not being productive for a reason… and it’s not Facebook. If they love what they do… maybe it is time to allow them to communicate that fact.. and if they don’t.. You probably have more problems than communication.
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It is About Experiences Not About Sales
Tuesday I gave a keynote at the Hoosier Hospitality Conference in the beautiful city of Indianapolis. The presentation was over the future of online communication and what it means to business and the tourism industry. While giving the keynote… I stumbled across a recurring theme…
The value of experiences over the value of a sale.
When you are using social media as a tool in your marketing mix… It is important to remember how the world is changing (in terms of communication).
People are craving experiences. We have experienced decades of 50% off and last chance now sales ads. We have been pushed multiple advertisements in the span of a thiry minute television show.
1st mile. Billboard. 2nd mile. 5 radio advertisements. 3rd mile…
We all get the picture don’t we?
Everyone says they have excellent customer service. Everyone has a half-off sale.
Not everyone can create unbelieveable experiences for their clients. Show the experiences. Show the respect and trust.
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