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Social Media Communications that Executives Ignore
Posted on February 20, 2016 at 1:22 PM |
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When it comes to social media communications with business executives,
I heed the Law of Diminishing Returns; the longer the message, the less likely
it will receive feedback. I know this is
true because of all the social media messages that I ignore. You’d think that the people besieging busy executives and major
influencers with long messages, some with very good ideas, would learn this by
now. But they don’t. It might be that they think a long message will impress the reader, it
doesn’t. Or that their request needs to
be explained in detail because the reader is already hooked, they aren’t. Or that the length will convince the executive
of its importance, that is not the case. Length isn’t the only reason messages don’t receive feedback. Here are three more: 1. Asking the executive to do too much. If you require the recipient to do too much
you have a good chance of getting ignored.
Asking the executive to “check out our website and let us know if you
have questions” sounds like “please read our novel and write a book report for
us.” Asking a busy decision maker to
figure out your solution and value proposition is too much work. Make your initial requests simple ones, and
make the requests about them, not about you. 2. Many people are too logical and
data-driven. They organize their
communications with facts and figures as if those numbers are all the proof that
is needed. Their dialogue has no
storyline or emotion present. Humans,
including executives, are built for a good story, without one you will probably
not grab or hold their attention.
Remember, we may make decisions intellectually, but we buy based on
emotions. 3. Your credentials are not readably apparent, which
is to say your social profile is weak. You’ve
reached out to contact the executive through a social channel (LinkedIn, Twitter,
etc.) which means they can instantly peruse your background. Is your profile picture professional
looking? Is your bio information executive-level
compelling? First impressions are
important and they are lasting. You
generally won’t get a second chance.
That means your social profile needs to look trustworthy at a glance. Of course this strategy doesn’t necessarily apply to all
audiences. Different people need to be
communicated with in different ways about the same subjects. In general though, there’s no percentage in
boring a CXO with nuts-and-bolts details in your initial communication. |
Why don't teams follow back their fans?
Posted on January 27, 2016 at 9:28 AM |
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NFL teams are not exactly small
businesses. In fact, according to Forbes the
2015 NFL franchise value for the Denver Broncos is $1.94B making them the 11
most valuable team. The Carolina
Panthers at $1.56B are ranked 19.
When you compare their Twitter follow-to-follower ratios the Broncos are
above average while the Panthers are below average. The average for the entire league is less
than one half of one percent (0.32%) which means that bar is not set very high. “This
Copyrighted Broadcast is the Property of the National Football League” Let’s face it, NFL teams
broadcast on Twitter; they don’t follow back for purposes of fan engagement. Too bad, because the numbers above suggest
that each team is passing up an opportunity to show their fans just how much
they appreciate their support by following them back. Think about it; how would you feel if your
favorite NFL team followed you back? How
cool would that be?! Based on the
numbers above I may start cheering for the Chargers. Why don’t teams follow
back their fans? Would it take away their brand prestige? Would the process and
cost be too great to implement a strategic follow back plan? Based on their financial values I don’t think
it would break their bank accounts to support their customers with a new social
engagement strategy. And it’s not like
the NFL doesn’t leverage technology. Why
do major brands ignore their customers in this manner? The business goodwill they could be generating
would be priceless. |
How to Keep Your Audience Looking Down
Posted on August 15, 2015 at 11:59 AM |
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It was the most engaging of times. It was
the least engaging of times. It was an age of fabulous fellowship. It was an
age of fake followers. It was the spring of sharing. It was the winter of shilling.
Our audience was looking down, but would our prospects ever look up? Are you looking down right now? There is a good chance you are if you
are reading this post on your cell phone. What type of content makes you look
down? ·
A funny video? ·
A pithy blog post? ·
A text message from a friend or family member? ·
A scandalizing picture? ·
An email from your boss? ·
A good book? We all look down for many reasons. Sometimes we are just bored, or want
to appear busy or popular. Other times we are truly interested in and engaged
with the content on our mobile screen. It’s no secret that marketer’s want your
attention. They want you to engage with their content and they spend money to
tempt you to bow your head as though you are praying to their “Like” button.
But what type of content truly captures the imagination and holds attention? Sure, the content should be relevant to their needs. Of course the content has to interest them. It helps if it’s also
timely. OK, it’s also helpful to tap into their emotions to create a
connection. And you definitely want them to feel understood. Yes, nothing captures attention or creates a bond quite like a good
story… When you create your relevant, timely, interesting and emotional content
who is the hero in your story? Who rides in to save the day? ·
Your company? ·
Your product or solution? ·
Your executive team? ·
Your sales rep or other staff members? If you want to keep them looking down and engaged with your content you
need to turn your prospect into the hero of the story. Who doesn’t like to be
the hero in the story? You can’t expect them to begin to like you if your
approach keeps suggesting that they are the villains and their own worst enemy
in their current situation. Does your copy state the following? ·
You have outdated technology. ·
Your people haven’t changed with the times. ·
You haven’t kept up with the competition. ·
You write product focused stories that are just
like all the others. OK, just kidding on that last one. Yes, I know, I’m suggesting you drop
the direct fear, uncertainty and doubt babble. I was raised to use FUD too
during my sales tenure and I know it’s hard to let go of. But if you continue
to transfer ownership of blame back onto the shoulders of the person you are
trying to woo you are in for a long day. Accept the role of the hero’s mentor
and let a new story begin. |
It’s the Story, Not the Status that Matters
Posted on August 11, 2015 at 8:06 AM |
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It has now been over 9 years since
its launch and NASA’s New Horizons spacecraft has traveled more than 3 billion
miles at a cost of over $700 million in order to send us back a clear picture
of Pluto. Will the new data from the spacecraft have the potential to change Pluto's
planetary status? The real
question is; ‘does Pluto’s status really matter now?’ Pluto had been classified as a
planet since it discovery by Clyde Tombaugh in 1930. But in August 2006 the
International Astronomical Union downgraded the
status of Pluto to that of "dwarf planet." That change in status has been a heated point of
discussion ever since, even outside of the planetary sciences community. In fact, in 2006 "Plutoed" was chosen as the Word of the Year by the
American Dialect Society. The society defined "to pluto" as: "To
demote or devalue someone or something, as happened to Pluto when the IAU
decided it no longer met its definition of a planet.” Human nature is funny that way.
Many of us do not do well with change, and once we understand “the facts,” we
don’t want them to move, shift, or be downgraded. But we do love a good story… And the New Horizon story is
more than Big Data; it’s about Long Distance Data. At approximately 2
kilobits per second it will take until
late 2016 to bring down all the encounter data stored on the spacecraft’s
recorders. That means many of the missions major discoveries will be made well
after New Horizon flies through the Pluto system. Then, like the Pioneer and
Voyager spacecraft, New Horizon will eventually escape the Sun’s gravity and
fly out into interstellar space – never to return to our solar system. Along with the advanced instruments and systems that enable New
Horizons’ historic exploration of Pluto and the Kuiper Belt, the spacecraft
carries nine mementos: · A portion of Pluto discoverer Clyde Tombaugh’s
ashes and an inscription · A “Send Your Name to Pluto” CD-ROM with more
than 434,000 names of people who wanted to participate in this great journey of
exploration · A CD-ROM with project personnel pictures and
messages · A Florida state quarter, representing where New
Horizons was launched · A Maryland state quarter, representing where New
Horizons was built · A cutout piece of the historic SpaceShipOne and
an inscription · Two U.S. flags · The 1991 U.S. stamp proclaiming, “Pluto: Not Yet
Explored” So, at this point in my post, do you really care if Pluto is classified
as a planet or dwarf planet? Or is the New Horizon adventure what’s capturing
your imagination? Yes, it’s the emotional connection through exploration and
adventure that has your attention now. Remember that point the next time you
try to lead with facts, figures and logic to persuade your prospect to buy. |
First Impressions Are Part of the Customer Experience
Posted on July 8, 2015 at 9:51 AM |
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A hot tub setting on your back patio that no longer works is classified
as bulk trash. And bulk trash requires a big truck and some strong backs. The
ad in the Local Directory section of my Sunday paper looked like it was the
answer to my problem. AAA Hauling Hire a Veteran Large Dump Truck Hauling – Anything! Phone 123-456-7890 No website, no social media profile, no address, just one phone number.
When I dialed the number I heard the following: “The
voice mail for the number you have dialed is full and cannot receive messages.”
I had
liked the idea of supporting a small business owner and veteran, but this project
could no longer be delayed. No, my next step was not to consult Angie’s List, or
to place a notice for the work on Craigslist, or to ask my neighbor if they had
a recommendation. I simply called the next ad. The owner, Marty, answered the
phone immediately. He hauled away the hot tub that same day. Problem solved. There are many things that can sink a small business. Some situations,
like a full voice mail box, catch you totally off guard. Would backup contact
information like a website, social profile or additional phone number have
helped AAA Hauling? Perhaps, or maybe I would have still called Marty. The
customer experience begins before the customer directly interacts with you and
that experience is fragile with a low margin for error. Now, if you are a sole proprietor
wearing many hats the customer experience prior to direct contact may not be
something you’ve given a great deal of thought. But if you are reading this
blog chances are you think about the customer experience quite a bit. Do you
have a Total Quality process designed to address the customer experience prior to
direct contact? There is no guarantee a new prospect will call a second number
or suffer through a website that is under construction, but you might want to
check the following: 1. Before you sent those emails to your prospects
how did they look across all the major web browsers? How did they look on
mobile devices? Did you even check? After all, you won’t know for sure how your
prospect might view that message. 2. What about your website? How does it look when
viewed from different platforms? 3. Did that last ad have more than one contact
channel? 4. Does your voice mail message sound professional?
When was the last time you checked it? 5. Do you have a profile on social media? When was
the last time you updated it? First impressions begin before direct contact and are part of the
customer experience. Don’t lose business before the conversation begins. |
A Tale of Two Social Media Strategies
Posted on June 23, 2015 at 12:29 PM |
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It was the best of times, it was the worst
of times, it was the age of wisdom, it was the age of foolishness... it was the
era of brands buying Likes and Followers, it was the era of executives pushing
the same old content, it was the period of social media spray and pray
marketing. I’m sure you recognized the reference to Dickens’ “A Tale of Two
Cities.” It’s fitting because you can often see a duality
when you compare the way organizations use social media channels. Many use
social communication the same way they use traditional media. They’ve resisted
the social relationship revolution and have let yesterday’s marketing rules
resurrect inside the new platforms. They continue to broadcast tired old
content. They spray and pray for results.
And then turmoil erupts because many in the social audience want to
overthrow the brand aristocrats. Take them to the guillotine … off with their
heads! OK, it’s not that dramatic; but
you get the picture. Adjustments should be considered for social media. Here
are three areas to examine: I) Follow
back your targeted audience. Most major brands don’t take the time to follow back their audience. In
fact, in the example below, you can see that
the average NFL team only follows back 0.40% of their fans. I’m sure they have their reasons for not following back. It could be a
time or budget issue. Or perhaps they feel it would damage their elite brand
status. Yes, that must be it. Major brands don’t have the time or money to spend
managing that aspect of engagement on social media. And even if they did they’d
probably feel funny acknowledging their audience with a follow back. Of course we know they are missing an easy opportunity to influence the
customer experience. After all, how would you “feel” if your favorite brand actually
followed you back? II) Turn
off the automation and fake personalization. Yes, social media automation promises to improve your marketing efficiency.
But just because it’s efficient doesn’t mean it’s effective. In fact, some forms of automation throw key
social media tenets to the wind. Take for example transparency and authenticity.
Does an automated direct message that thanks me for following you and then
suggests I “Like” your Facebook page improve your transparency and
authenticity? It might feel like a polite and efficient thing to do, but it’s
really just a non-value-add annoyance. Besides, is the content in your
automated direct message really the first impression you want to make with your
new connection? III) Focus
on content. Your social content is the voice and personality of your brand. And
since the average
attention span is only 8.25 seconds you don’t have much time to make an
impression. This may very well be the toughest area you will examine because
you need to ask yourself: 1. Are we agile? Can we quickly produce a variety
of channel appropriate content? Does our content proactively support all phases
of the customer buying cycle? 2. Is our content entertaining? Is our content
available in several formats (video, etc.)? Does it quickly capture attention
and tell a story? Does our content invite two-way conversation? 3. Is our content relevant to our audience? Does it
answer their most important question, “what’s in it for me?” It’s the age to use your social media program to make this the best of
times. |
Disruptive Strategies for Winning Customers
Posted on February 9, 2015 at 1:02 PM |
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I grew up in Grinnell,
Iowa, a small town in the rural Midwest. It’s not exactly the place you would
expect to find one of the most prolific scoring basketball teams in the nation.
The “Grinnell System,” Grinnell College’s
run-and-gun offense is considered unorthodox, even chaotic, but it is fun to
watch. Grinnell
teams
have led all playing levels in scoring for 19 of the past 21 seasons, while
ranking first in the country in 3-point shooting for 17 of the past 21 years. According to Head Coach David Arseneault’s
book titled “The
Running Game: A Formula for Success,” his strategy is based on five basic
principles: 1. The team must take at least 100 shots in a game. The goal is to attempt a shot every 12 seconds and try to get
the ball back within 10 seconds. 2. More than half the shots need to come from the three-point range. A sharp-shooters dream. Thirty-six different Pioneers have made
a record-setting 6 three-point shots in a game. Most schools are lucky to have
one player with that record. 3. Shoot 25 more times than their opponents. This requires discipline and a complete understanding of the
overall strategy. In the words of one player, “you need to keep jacking it up.” 4. Offensive rebounds need to be garnered on 33 percent of the shots
the team takes. This requires high
energy and complete focus on positioning. 5. Finally, the team needs to create 32 turnovers with their press
defense. This requires a steady
stream of fresh players. Grinnell uses all its players in every game, and
five-player substitutions are not unusual. In
short, Grinnell shoots before they can turn it over, and they create a tempo of
play that fosters confusion and frustration with their opponent. By doing so,
it often gives the Pioneers an opportunity to win with lesser talent. That’s an
important point because as a Division III school, they do not offer athletic
scholarships. Grinnell’s strategy is
creative, innovative and fun. Is there an application for smaller organizations
as it relates to customer acquisition and loyalty? I think so,
because when tiny Grinnell executes on their strategy they win at a 95% clip.
Innovation is often disruptive to larger existing organizations and this
provides smaller enterprises with an opportunity to level the playing field.
Possible applications in the current economy include: 1. Take more shots. Translation:
Break large marketing campaigns into several highly targeted micro campaigns
based on continuous selection of the best customers. 2. Take the big three-pointer first. Translation: Do your P&L
homework upfront and structure the best offer immediately. Don’t hold back,
consumers with cash and a willingness to spend it are in short supply right
now. 3. Shoot more often. Translation: Monitor trigger
events (contract dates, service calls, etc.) closely and nurture two-way
relationship-building conversations. For example, if a service contract is set
to expire don’t wait to begin renewal conversations. Stalling is not the best strategy
in today’s economy. 4. Position for rebounds. Translation: Monitor social
media and understand how your brand is positioned. 5. Press to force turnovers. Translation: Leverage and
engage your entire organization as it relates to customers and prospects. Your
opponents may drop the ball and you’ll want to take immediate advantage. The run-and-gun isn’t without its
flaws; particularly on the defensive end. For example, Grinnell once scored 148
points in a game and still lost the contest. Even so, you can bet the entire
audience was fully engaged. |
The NFL’s Twitter Winners and Losers
Posted on February 4, 2015 at 11:04 AM |
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In September at the beginning of the season
I posted a short article related to NFL
teams Follow-to-Follower ratios on Twitter.
In short, NFL teams like most major brands do not follow back their fans
or customers: As you can see, the average NFL team was
following back just 0.46% of their fans in September. That ratio now stands at 0.40% which means the
average follow back strategy didn't change much over the season. Now that the Super Bowl is over I've taken
the time to update these statistics to see how the league performed in other
areas. We
Follow Winners Note to the NFL, we like to follow teams
with winning records. The average
Twitter follower growth across the NFL was 18.6%. Three teams posted more than thirty percent
growth: Seahawks 34.7% Cardinals 30.9% Patriots 30.7% “There are three kinds of lies: lies, damned lies and statistics." ~ Mark Twain Two of those teams were in the Super Bowl. Did that have a big impact coming at the end
of the season? I don’t know, but I will say
the results above bring up more interesting facts: Patriots 1,232,782
Followers *Most Followed Team in the
NFL Cardinals 157,941 Followers *Least Followed Team in the NFL According to Forbes,
the Patriots market value is $2.6B making them the second most valuable
franchise in the NFL. The Cardinals are
25 on that list with a market value of $1.0 billion. We
Don’t Follow Losers Yes, that suggests the three teams with
the least amount of growth did not have a good year: Jets 6.7% 4 – 12 record Vikings 11.3% 7 – 9 record Raiders 11.6% 3 – 13 record “I was gratified to be able to answer promptly, and I
did. I said I didn’t know.” ~ Mark
Twain The Vikings and Raiders are ranked 20
and 28 by Forbes placing their value in the lower half of the
league. Both teams also have fewer total
followers than the average NFL team. However,
the Jets are ranked sixth in value and have more followers than average. And here is another interesting observation;
the Jets actually follow back 12,818 fans which puts them in second place for
follow backs. What does that mean? I don’t know, I said it was interesting, I
didn’t say I had the answer. “This
Copyrighted Broadcast is the Property of the National Football League” NFL teams broadcast on Twitter; they don’t
follow back for purposes of personal engagement. But for the sake of measurement, which teams
improved the most (increase in follow backs)? Patriots 71.2% Lions 18.5% Raiders 17.2% Of course the Patriots were only
following 66 profiles in September, so the fact that they now follow back 113
doesn’t really mean they’ve changed their strategy. For the record, 12 teams actually decreased
the number of profiles they were following over the year. The Chargers remain far and away the winner
based on the fact that they follow back 29,524 fans. Why don’t teams follow back all of their
fans? Would it take away their brand
prestige? Would the process and cost be
too great to implement a strategic follow back plan? If they can get bent out of shape over how
much air a football has in it I would think they would care even more about how
their customer base would react to a new social engagement strategy. The
Million Follower Club Finally, two teams now have over one
million followers: Patriots 1,232,782 Cowboys 1,141,868 The Cowboys are “America’s Team.” This sounds kind of strange to say because …
“Patriots” … well, that sounds pretty American to me. Forbes ranks the Cowboys first in value at
$3.2B, and the Patriots are ranked second at $2.6B. Well, if nothing else, they can both afford
to buy a few followers … I see them for sale all the time… 1,000 followers for
$2. Who knows, perhaps one of those
lowly Twitter draft choices will be their next great Twitter influencer play
maker. |
Are Your Social Media Icons Holding Your Business Back?
Posted on January 21, 2015 at 11:37 AM |
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It was a lively face-to-face business networking
event. As you might guess, social media was
a hot topic. Of course business cards
were exchanged as many of the attendees represented agencies that promise to be
able to bring social magic to a brand. But
what I found most interesting happened later, when I visited several of their
corporate social media pages. What
became clear was that many of the profiles had not posted content in several
weeks, and in some cases, months. Mind
you, all the major social media icons cover their business cards, stationery
and websites. As you know, the conventional
wisdom here is to provide a social signal to customers and prospects: “Like us,
follow us, connect with us, have a live conversation with us – we’re here to
engage you with our content!” Well, not really … “here” that is. Yes, they’ve established a profile, and they
are proudly displaying all the social media badges, but they are not maintaining
or updating their presence. And that’s a
problem because that lack of attention could be sending a signal that actually
hurts their business. Hold on Alan, what
do you mean? Well, as you know, “you
never get a second chance to make a good first impression,” and here
are a few thoughts that might be going through your prospects mind: 1. “I don’t see any recent activity. If I do post something here is anyone going
to respond?” This is kind of
like providing a phone number that you never intend to answer. Or providing a store front address that never
opens its doors. Or like ignoring
important email. How does that generally
work out for a business? 2. “I don’t see any
recent activity. Are you still in business?
Or can’t you afford to hire someone to be in charge of this
communication channel?” Now they’re questioning your financial
stability. That’s not something you want
customers, prospects, business partners or your banker thinking. 3. “I don’t see any
recent activity. You haven’t posted
anything new or worth reading in weeks.
I guess there is nothing new with you.” OK, now they are
just plain calling you boring. If you
happen to be a marketing agency with a focus on social media you’re in deep
trouble. When you think about it, how
many businesses want to be labeled boring? 4. “I don’t see any
recent activity. Your website talks
about creative content-based marketing with social channels, and the ROI that
can be achieved. I guess it doesn’t
really work, or you’d be doing it.” This is an agency
example and your prospect just said that you don’t “practice what you preach.” So now your “credibility” is under
question. And all those nice marketing
awards displayed on your website are not going to help. Who would have thought? Those social
media icons can look so innocent when they are displayed on a business
card. But they really do send a loud and
challenging message. Don’t take that
message lightly. |
Low-Tech Paper and Ink, and the Customer Experience
Posted on January 20, 2015 at 11:08 AM |
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I
penned “Customer Intelligence Is Meaningless If You Don’t Tie It to Strategic
Action” many years ago.
Over time that article has been used by several organizations in their
training materials as a way of demonstrating the importance of customer service
and its impact on the customer experience.
One aspect of that article that is rarely commented on, but no less interesting, is the action I took related to
my search for a local service supplier when my incumbent vendor did not satisfy
my needs. The action line from that original story reads: “At this point I let my fingers do the walking through the Yellow
Pages….” Notice
that I did not say… “At this point I
called my neighbor to see who they used for their appliance repair and followed
up with the company they recommended.” And I did not say… “At
this point I got online, and did a search for a local appliance repair shop.” Yes, both could
have happen. In fact, if you read my
story you may have been shocked that I even mentioned print Yellow Pages in my
quest to find a new service provider. And
no doubt the modified quotes above would have been more colorful in
demonstrating the power of word-of-mouth marketing and online search. The truth of the matter is that I really did
pull out my phone directory. It was fast,
easy and helped me complete my task. But
I’m not here to defend the print phone book.
What caught my attention today was the Wall Street Journal article “Catalog
Makes a Comeback at Penny.”
Take a look at this passage from the article: “The move highlights an oddity of the digital age. While shoppers are increasingly buying
everything from shoes to sofas to cars over the Internet, they still like
browsing through the decidedly low-tech artifacts of page and ink.” What
does this mean for retail marketers? Because I’m sure there are some who would classify catalogs as
(junk mail) wasteful, unwanted, and a drain on our landfills. Well, it doesn’t change the importance
of your search engine optimization, or social media word-of-mouth marketing
initiatives. However; it does suggest that
there are still situations and strategies that work very well for print
advertising. It’s interesting to note
the article points out that “31% of shoppers have a catalog with them
when they make an online purchase.”
That means print often delivers an important type of experience at a
critical point of the consumer buying cycle.
So, if you want them to hit the purchase button, you may need to
reconsider old fashion print in your marketing mix. |
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