Tag Archives: social media

January 16, 2013 · 11:49 am

A Social Marketing Study

I’ve been meaning to write about the Chief Marketer 2012 Social Marketing Study for a little while now.  Even though it came out a couple of months back, what it found is pretty relevant and I think you might find some of those findings relevant to what might be on your marketing mind.  At least I hope so!

As one might infer from the name, the topic is brands’ use of social media for marketing purposes.  You can get the study by clicking this link (registration required) but here are some of the key findings:

  • 76% of overall respondents to the survey said their brands were conducting some level of marketing within social media, and a further 16% reported plans to begin do so by the end of this year, making for a potential social marketing contingent of 92%.
  • More than half of respondents cite the difficulty of calculating an accurate return on their social marketing outlays as a prime frustration with the channels. That difficulty in turn grows out of their second most often expressed complaint in this year’s survey: the difficulty of accurately tracking sales to social campaigns. Those response rates held true for both B2C and B2B marketers.
  • Marketers are also troubled by issues of content: specifically, by the amount of time their staffers spend curating social media and by the need to keep social media supplied with a constant stream of new, fresh, engaging content.

Other not so surprising data points are that the primary purpose marketers have for using social is to drive web traffic and that most of their efforts are on the big three social sites: Facebook, Twitter, and LinkedIn.  What all of this said to me was not so much about how quickly marketers adopted social as a channel but how their efforts are really just sort of fumbling along.  Not every brand should be on Facebook yet all seem to be.  While I’m a firm believer in having measurable outcomes to help with ROI calculations, it seems from the study as if the standard to which social investments as being held are out of whack with both how social is being deployed as well as with the standards applied to other channels.  Finally, the emphasis on creating new content is a good one but it sounds to me as if that content is being used in the context of social media as a megaphone – yet another broadcast medium.  I could not disagree more with that approach.

Does your company use social media for marketing?  Are the study’s findings in line with your experience?  Am I missing anything?

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January 3, 2013 · 11:41 am

The Social Media Team

One of the areas that will continue to grow this year is corporate use of social media. I know – big, bold prediction on my part. In any event, it was because of this that I read the recent release of data from Ragan/NASDAQ OMX Corporate Solutions. You can read the study called “Structuring A Social Media Team” here.  The research asked a couple of thousand respondents about how their company uses social media and how they’re structured to support those efforts.  The results are not particularly surprising.  In fact, I find them a bit alarming.  Let’s see what you think.

  • Sixty-five percent of respondents do social media on top of their other duties. For those who do social media exclusively, nearly eighty-three percent work on teams of three or fewer.
  • Sixty-nine percent are dissatisfied or only “somewhat satisfied” with how they measure social media. Only thirty-one percent are satisfied or very satisfied. And many say they lack the time to track data or aren’t even sure what to measure.
  • Only thirteen percent describe their efforts as advanced. Slightly more than half agreed with the statement, “We keep our heads above water, but not by much.”
  • “Ownership” of social media is murky, and the question may even become passé as numerous departments within organizations jump in.

So most organizations don’t have an employee who focuses exclusively on social media. It appears from the data that it’s an added responsibility for someone who is assisted by interns. While as a manager I understand the “efficiency” of this, I’m not sure I’d trust what is becoming my organizations public face to someone who is doing it as an afterthought.  Think about some of the social media disasters we’ve seen – how often is an intern involved?  The fact that marketing, PR, and other departments all lay claim to a piece of these efforts makes it a difficult task to get goals clearly defined too.

I’m not quite sure what to say about the lack of measurement   I don’t believe in doing anything in business without some method of accountability and not having any idea about what to track much less how to track it is disturbing.  Only thirty-one percent of firms report measuring sales while everyone else seems focused on “likes” and followers – a measure of quantity, not necessarily quality or response.  the lack of time and/or manpower is also cited (by nearly 2/3) as the main reasons why there isn’t more and better measurement.

It’s a pretty comprehensive study and if you use social media for business you might give it a read.  Then hit the comments to let us know what you think.

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December 27, 2012 · 9:49 am

Most Read Posts Of The Year – 2

One of the posts you all read and shard the most this year was a recent one from October.  It was a response to an article about how some charlatan was passing himself off as a social media consultant and taking his clients’ money while providing almost nothing in the way of value.  The screed was an extended invitation for he and those like him to go away.  It was called “Crappy Consultants” and is all about everything I certainly don’t want to be.

The screed today hits close to home since I want to throw a little sunlight on something going on in the consulting world.  While it’s been on my mind for a bit I read a piece this morning called How Social Media Consultants Dupe Their Corporate Clients from Dave Copeland of ReadWriteWeb that brought it front and center.  The piece talks about how a friend of Dave’s was underwhelmed by a consultant brought in to get the company up to speed with Facebook, Twitter, Pinterest, Instagram, and the rest.  Not only was the presentation the consultant made stunningly simplistic, but it may have been wrong.  As the article put it:

…the company has little digital expertise. That leaves it open to exploitation by so-called social media experts who take a one-size-fits-all approach to every client. These consultants often bill tens or hundreds of thousands of dollars before anyone realizes there is little or no return on the investment.

Amen.  As I’m out meeting with potential clients I often run into the work of some “consultant” who knows how to post on Facebook but doesn’t understand how Facebook is used as part of a business.  Forget knowing about the social graph – these folks don’t have a clue about asking the most important question – why social media in the first place?  After all, it’s not right for every business and there certainly is no standard implementation that’s going to work across the board.

I’ve had prospective clients hand me the “white paper” some other consultant did that was nothing more than a document grabbed off the web.  I’ve had another client think that someone had built them a solution when all they were doing was using a white-label provider and marking up the cost.  In each case the warning signs were there – the person they’d hired didn’t have a lot of business experience (it’s hard to claim a ton of social media experience – it’s s new medium!) and treated social as just another marketing megaphone.

It’s hard to convince anyone that there is an ROI to social, especially since it’s very resource intensive if done well.  It requires someone who can digest a 360 degree view of the business and align social with other marketing efforts, including the analytics to evaluate it all.  The charlatans identified in the article hurt clients.  They hurt folks like me who have to battle against their failures to get hired (usually to clean up a mess).  They hurt the industry.  I wish they’d go away – maybe a little sunlight will scare them off.

Have you had an experience with someone like this?

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