Tag Archives: social media

November 12, 2015 · 10:47 am

Ignored For The Holidays

As we turn the corner on Veteran’s Day, the next big holiday on the horizon is Thanksgiving.  For those of us in the US, Thanksgiving used to be the kickoff to the holiday season – Christmas, Hanukah, and other major holidays for most of us.   That, of course, is no long true, since as of September 2015, a staggering 59% of US and UK retailers had kicked off their annual holiday ad blitz.  More ads lead, hopefully, to more customers, and more customers means more inbound customer service messaging,  

The folks at Sprout Social looked into how well retailers are dealing with these messages, and the answer, unfortunately, is not very well:

Given that people are taking to Facebook and Twitter in droves to get answers about products and services, one might assume that retailers would allocate more resources to social customer care. In reality, retailers are choosing to ignore customers’ questions—answering only 1 in 6 messages promptly—while making the lucky few people who do get their attention wait an average of 12 hours for a response (up from 11 hours in 2014). This delay provides little relief during what is already a stressful time for many.

In other words, 83% of the time, the customer is ignored.  So if, as the study found, the typical retailer can expect 1,500 inbound messages from consumers, fewer than 300 of them receive a reply. What’s worse is that it’s not as if the retailers are ignoring the social channel.  Not at all.  Instead of replying to the customer complaints, what are they doing?  Why, sending out more messages about themselves, of course. Rather than focusing on people’s concerns, retail brands send out 3 times as many promotional messages, (deals, coupons and product merchandising,) as they do helpful responses.

There are so many things wrong here, and if you’ve been here on the screed before it will all sound too familiar.  Ignoring customer outreach  83% of the time is only the tip of the error iceberg.  Using a social channel – they’re made for conversation, folks – to send broadcast messages is bad.  Sending those messages more than 3 times as often as you actually deal with what is on a consumer’s mind is much worse.

If this is how retailers wish their customers a happy holiday, I’m thinking Scrooge is running their business.  Who is running yours?

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September 10, 2015 · 9:25 am

CPT

Making sense of data is really hard, and making sense of data from multiple sources which report in different ways is damn near impossible. Once again, we in the world of marketing are our own worst enemies, I guess. We could learn from our friends in finance.

Pick up any financial report and you’ll see the same statistics, generally reported in the same manner. That manner is GAAP – Generally Accepted Accounting Principles. While CFO’s and analysts have a little leeway within those principles, usually when you look at a piece of data for one company, something labeled the same way for another company means the same thing.

Not so in marketing. I mean, we do try. CPM has always been a measure of efficiency in media. The problem is that there are lots of ways to get to that number, especially in digital. Number of banners displayed? Number of viewable banners displayed? Should it just default to the impressions for which I’m being billed or do I want to factor in things such as actions taken (clicks, etc.)?

I think we need something like a Cost Per Touch metric. This would something standardized and would factor in the number of touch points across all media. An engagement on social media is counted just as is a video watched (you can decide the relative values of each). Actually, I don’t care what we call it but we need something akin to GAAP in the world of marketing data – something that can align web analytics, SEM numbers, social touch points, customer service, etc. Something that can help us to make sense of all of those disparate sources of big data.  Once we’ve standardized all of these things, all the other activities which depend on them become more efficient and productive.  Of course, it also means that there isn’t anyplace to hide since we can’t manipulate the numbers past a certain point.

Your thoughts?

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September 9, 2015 · 9:00 am

Hearing Aids

One thing that I find when speaking with clients and others on the topic of social media is there seems to be a fundamental misunderstanding of what social is all about. Most of them seem to approach social as yet another megaphone. The reality is that social media is a hearing aid. Most of them want to be speaking when they really ought to be listening, and that fundamental difference has resulted in some pretty disturbing trends.  

First, data shows that companies are speaking a lot more in social than they are listening. Brands send four times as many posts as replies, according to data from the latest Sprout Social survey. My guess is that this has to do with a couple of factors. First, the management team is still fixed on the old way of thinking about marketing: we talk, you listen. Second, this results in a content strategy, not a service strategy. Third, it’s easy to hire a single social manager who can schedule your posts in advance and work across many social platforms. All of this is pretty wrong in my book.

I won’t spend any time on the changed (notice past tense) nature of marketing. The customer is in control of the brand to a large extent –  deal with it. If you’re listening to what those customers are saying you must, be nature, be servicing what you’re hearing unless you don’t mind missing golden opportunities. Sprout Social’s data says brands are, in fact, doing just that. Most brands ignore 88% of messages on social media. That’s 7 in 8 social messages to brands go unanswered within 72 hours. Sad…

Finally, brands are not set up to support constant service. I know resources are a challenge, but as I’ve said to clients, if you can’t support a platform properly you need to wait to deploy there. Social media is still in its infancy, and like any infant it requires constant monitoring and support. Ignoring customers almost 9 times out of 10 is insane.

We need to be responsive and engaged.  We need to use the hearing aids and drop the megaphones.  You agree?

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