Friday, January 28, 2011

Social Media vs. Social Networking: What's the Difference?

I have also often heard "social networking" and "social media" interchanged. I think the important element to consider is "marketing." The way I look at social media, it is a channel for marketing much like any other medium. Largely, social media marketing is about branding, visibility, reputation management, sales, etc... while social networking is all about connecting, sharing information and collaborating. Connecting with friends on Facebook is a form of social networking. Connecting with a brand on Facebook is a form of social media marketing for that company. My colleague at Perficient, Mike Porter, is very experienced in the social media and social networking space, particularly when it comes to social collaboration tools such as those provided for the enterprise by companies like IBM and Microsoft. He weighed in recently in a blog post here. I agree with his analysis. I think it's important that as both of these continue to grow and evolve, we should use the correct terminology to help distinguish between what is inherently a more internal, private or personal connection (social networking) and what is a more business directed activity (social media marketing). What do you think?

Amplify’d from blogs.perficient.com

So I’ve seen a lot of people change up how they use these two terms.  In my minds, they are very different although the base technologies used as people going about networking and working the social media may have a huge overlap.


social media: the use of tools like twitter, facebook, blogs, etc to both monitor how your company is doing with your customers and to market your company.


social networking: the use of web 2.0 tools like twitter, facebooks, jive, sharepoint, lotus connections, wikis, blogs, etc to keep up with colleagues, share information, and find information.  This is a natural evolution to the social network you probably already have when you call people, engage people around the water cooler, send emails etc.  These new technologies make it easier to find people and find answers even if your legacy social network is small.


As people continue to make use of web 2.0 tools to to do both, I think we’ll see a maturation of thought around it and of additional tools like social analytics to measure both the quality of social media efforts as well as how a company is using a social network and who is important to that network.  Can you imagine a time when HR will use a social analytics tool to look up a person before they allow a counter-offer to be made in order to keep him or her?

Read more at blogs.perficient.com
 

Monday, January 24, 2011

My Personal Brand's Board of Directors - Who's on Yours?

I read this article, "Who's On Your Personal Board of Directors", by Cortney Rhoades Stapleton, and it presents a fantastic take on what it means to build your personal brand along with the help, advice and inspiration of a handful of some leaders within your career network. I don't think this article intends for anyone to actually create, document, organize and gather a "board of directors" to advise them. This is pretty much something that just happens naturally as you expand your network.

I certainly have found a collection of close friends and acquaintances here in the St. Louis interactive and social media community who have done wonders for helping to build me into who I am today professionally. They have inspired me and taught me many of the skills that have made me of value to an organization. I consider myself lucky, and I also thank social media for enabling it in a big way.

The post has a unique take on roles that a personal brand advisory board might take, and I had fun thinking about how my network of Brand "Directors" fit into those roles.

And here are those esteemed professionals. Compare their "Job Title" to the descriptions from the article, below:
 
"The Supporter" Lisa Keller (@LisaCKeller), marketing manager at The Loud Few interactive marketing agency in St. Louis. 

 
"The Sage" Chris Reimer (@RizzoTees), VP of Social Media at Falk Harrison and T-shirt entrepreneur

 
"The Questioner" and "The Risk Taker." Erin Steinbruegge (@Steinburglar) Owner and Leader of The Loud Few interactive marketing agency in St. Louis

"The Bridge" Brad Hogenmiller (@JavaSTL) of Infuz and President of the Social Media Club - St. Louis 
 
"The Maven"  David Siteman Garland (@TheRiseToTheTop) of The Rise to the Top and author of "Smarter, Faster Cheaper"


Who's on your board? Comment below or blog about it and shoot me the link on Twitter to @ErinE

Here is the description of roles from the article:
You are never too young or old to start building your personal board of directors. I’ve represented several executive search firms in my PR days. Years ago, I did a media pitch about people’s personal board of directors when looking for a job. At the same time I started my own.  With every career milestone I reassess my board and make sure nobody needs to be retired.  I thought it was a good time to share who is on mine – and see who is on everyone else’s! 
  • The supporter.  This person is a master listener. They know a ton about the marketing industry but also about me as a person. They are always there to lend an encouraging ear, a hug or a kick in the butt.    
  • The sage. Everyone needs a director they admire, somebody who has done it all in your field, made the mistakes, learned from them and triumphed. This is one of the most trusted positions on the board.
  • The risk taker.  This person is an inspiration. They have made mistakes and wrong decisions but they have learned from them and they will encourage you to do the same. Their mantra is “you won’t know if you never try.”
  • The questioner. This is an imperative board seat. Unlike the kings and queens in the book I just read for my book club (“Pillars of the Earth”); it pays to surround yourself with people who will question your motives, decisions and intentions. This person makes me a better marketing professional and helps me understand and process judgments and next steps. 
  • The bridge. Otherwise known as the connector – predictably, this is the matchmaker for your career. Connectors love to engender relationships among people who might not otherwise have met. Connectors are infectious; this person inspires others to be more like them.
  • The maven.  My maven is an expert in innovative marketing communication theories and techniques. They are often ahead of the curve but their expertise goes beyond B2B communications for professional and financial services companies. In Malcom Gladwell’s definition these are the folks who help us make informed buying decisions. I trust the way my maven thinks – they help me make smarter career judgments.
The hallmark of a good leader is your ability to listen.  So no matter whom you add to your personal board, make sure you listen to them – after all – that is what a board is for. 
Who is on your personal board of directors and why?

Wednesday, January 12, 2011

February Marketing Masters Luncheon from BMA St. Louis: Phil Clement, CMO, Aon

Phil Clement, Global CMO at Aon Corporation, will speak at the Business Marketing Association's February luncheon at Spazio's Westport on February 7th at 11:30am. I'll be there! I am a board member for the BMA St. Louis chapter, and I have thoroughly enjoyed every luncheon I have attended. The thought leadership is priceless, the networking is great, and the food is pretty good too. A great way to pass a lunch with other business marketing (B2B) professionals in St. Louis.

The topic: Engaging Employees, Customers & Prospects Globally

The New Year heralds a new challenge for B2B marketers... to become "content marketers". Our "product" is now content, and methods of packaging and distributing brand benefits is rapidly changing to include channels like blogs, songs, podcasts and even sporting event sponsorship... especially when trying to reach a diverse global market.

Aon Corporation made a big splash in 2009 when it announced it would replace AIG as the global sponsor of UK-based soccer (football) team Manchester United, the #1 brand in the #1 sport in the world, in the 2010-2011 season. The season began in June, and Aon Global CMO Phil Clement will give luncheon attendees the first glimpses of what Aon is doing to leverage its reported four-year, $132 million investment in this single global sponsorship platform to unite the firm into one global culture and maximize engagement with all audiences worldwide.
More info and register here: (please tweet and share this link!)

February Marketing Masters Luncheon: Phil Clement, Global CMO, Aon Corporation

Monday, January 10, 2011

Social Media Bigger than Marketing and PR?

Michael Brenner (@BrennerMichael) was quoted by Tom Pick (@TomPick) in a recent blog post, and I'm curious: Do you agree with what he has to say? "Social is much bigger than marketing and PR," he said. I don't have the source article from Michael, but I'm not sure I agree. I think Marketing and PR are fields of practice. Social media is a channel. Now, as it grows and grows, and as we look for ways to align marketing roles within organizations into focus areas, you may be able to say that "social media" is actually becoming its own field of practice. However, I do not believe the three are mutually exclusive, and thus I don't know that they can be compared to one another. I think there's a fantastic overlapping and intersection between marketing, PR and social media, as well as interactive advertising and other methods and channels.

What do you think?

Amplify’d from webbiquity.com
“Social is much bigger than marketing and PR. “Social is much bigger than marketing and PR. It’s a customer phenomenon. This will demonstrate itself as social moves into product development, operations, customer service and even sales,” according to Michael Brenner.
Read more at webbiquity.com
 

Thursday, December 16, 2010

Social Media for PR: Thought Leadership, Conversation and Connection

Kate Schackai, Social Media Director at Crawford PR and author of White Hat PR, just wrote a fantastic article about the difference between marketing and PR in social media. She gives great suggestions on using social media for effective public relations efforts online, but I got a lot of value from her perspective on the way social media is evolving the "sales approach" to more of a conversation and a social experience than just a pitch (whether in marketing or PR). I love watching this evolution happen.

We're seeing this transition occur much more specifically in the B2B space, where the sales and marketing style offline has historically been less about "buy this!" and more about the conversation and the relationship between buyer and seller (referrals, dinners, golf) compared to consumer marketing which is more traditionally about features, price, benefits, etc.

Whether we're talking about marketing or PR, the bottom line for me is that social media permits a brand to demonstrate its skills and build its reputation by shifting the focus from the product or service toward the deeper value the brand can deliver in its thought leadership; how connected the brand is to the industry or space; and how serviceable it is -- how social and supportive it is -- to its customers and to other thought leaders.

Here are my favorite clips from Kate's article:
Amplify’d from www.customerthink.com
Too many devotees are treating the terms “social media PR” and “social media marketing” as interchangeable–when they are anything but. And if you can’t tell which you’re engaged in, the odds are you’re not succeeding in either.
In the great era of one-way messaging, the distinction between marketing and PR was clear: if you were talking to consumers, it was marketing; if you were talking to the press, it was PR.
Marketing sells products. PR builds reputation. And while media matters, social media has opened up a new way to communicate directly, not just that someone should buy what you’re selling, but why.
a constant sales pitch in an area designed for conversation is somewhere beyond annoying; it’s completely tone deaf.
Your online content should comment on industry news, hot stories, trends related to your product/service. This requires that you and your team actually read the news and understand your relevance to it.
If someone replies to you, make sure they are answered and thanked. Quickly. And not just with a link to your product.
Speaking of links… Your PR force should be out there reading and commenting on other people’s content, and not just putting links to your site on theirs.
If you’re looking to position yourself as a thought leader in your industry, but your social media content makes you sound like a door-to-door salesman, the first step might be admitting that you have a problem.
Read more at www.customerthink.com

Monday, December 13, 2010

Three Goals of Corporate Social Media Strategy in 2011

1) Integrate, 2) Hire Correctly, and 3) Measure using the ROI Pyramid.
These are the three critical elements of approaching social media marketing in 2011 that are top of mind for me right now.

Today I read Forbes columnist and industry analyst Jeremiah Owyang's keynote presentation for LeWeb - the largest European Internet conference. His presentation outlines the results of a study conducted by Altimeter Group, his firm, and then presented Jeremiah's suggestions on what strategies will make a difference for social media marketers throughout the next year. He had many more points than just these three. In fact, he presents 6 ideas for how you should invest in 2011. But I find these three to be the most critical and compelling.

First, Integrate.
The ultimate goal for many organizations is now shifting from simply "having a social presence" (Facebook fan page, Twitter profiles, etc.) to integrating these fully with the existing online corporate presence (corporate website, for example). How can we bring the conversations happening about our brand closer to our brand? How can we attract interested influencers to our site and keep them there? Should that be the goal anyway? What do you think? Comment below.

Second, hire correctly and properly train.  
People I meet in marketing often ask me what it takes to make a great social media marketer. As agencies and client-side marketing managers look to hire specialists to dedicate to social media efforts, they should certainly take note of Jeremiah's tips, such as looking for "early technology adopters." Those whom I know who have been successful in social media marketing and truly have a passion for it are the same folks who had a Geocities personal site in college just to "play around with the technology" and share content and insights.They're the same people who tried out Google Wave and Apple Ping the day they were released. These are the folks who are going to have a larger understanding of all of the media channels and tools that exist, making them better equipped to select the right ones for your business. 

I also love the term "corporate entrepreneur." Many colleagues of mine have started their own businesses and become very successful at them, such as Erin Steinbruegge (@steinburglar) and Chris Reimer (@RizzoTees). Friends in this group have often asked me: "Why don't you just go into business for yourself as a consultant, or start a firm. You could do great work, attract lots of clients and really build something!" I ponder this opportunity, but I have always found myself coming back to feeling a real passion for working on the corporate side. Whatver that itch is, I'm not sure where it comes from, but I think that term "corporate entrepreneur" fits me well because it means that I am a leader within a corporate structure who is focused on creating value. See the end of this post for more on the concept. After reading the below definition of corporate entrepreneurship, you'll likely better understand why talented individuals who fit that description are likely to be most stellar at the social media marketing role, considering the fragmentation and rapid growth we are seeing in this space in particular.


The ROI pyramid
This slide was also one of my favorites because Owyang distills for us his understanding of calculating ROI and value added by social media, but separating that measurement and analysis by role, factoring in only the most relevant metrics and reporting for that level of the organization. I have provided "executive dashboards" for a long time, in which I choose to distill upward only those metrics that allow my executive leaders to best do their job, not weighing them down with the details. They need the big picture. From Jeremiah's recent blog post about the ROI Pyramid in corporate social strategy:
Often, our industry can appear complicated, and yearns for simplicity.  One such technique to glean simplicity is to develop frameworks which the corporate social strategist can then apply to achieve their business goals.



More on "Corporate Entrepreneurship":
I found this article on corporate entrepreneurship, Cultivating Corporate Entrepreneurship by Lanny Herron, and thought I'd share with you the definition he gives:

"Entrepreneurs" are often thought of as persons who start new business ventures, yet most who study the concept come to view this definition as overly restrictive. Economists in particular have defined entrepreneurship in such diverse and general ways as: forming new combinations (Schumpeter, 1934); dealing with disequilibria (Schultz, 1975, 1980); and exercising opportunity awareness (Kirzner, 1985). A thorough study of the subject suggests that the essence of entrepreneurship resides in the reallocation or recombination of resources with intent to create value. ... The creation of value, however, involves both the recognition of an opportunity and the attendant reconfiguration of the resources necessary to achieve that value.

This view of entrepreneurship makes it abundantly clear that those who start new businesses and those who alter existing ones have much in common. Indeed, they are virtually identical in the broad classes of actions they must carry out to achieve their ends. Both must gather information, recognize opportunities, acquire a requisite level of control over resources, and formulate and implement methods for reconfiguring these resources.

Monday, December 6, 2010

The Value of Conversations over Campaigns

I had lunch today with a colleague in marketing and communications. She is a social media maven and an esteemed professional in media communications and public relations. We had a great conversation about the value that an organization's media relations team can bring to the table when putting together a strategy for a social media marketing campaign. We both agreed that the reason this team adds value is that they are professional communicators who typically have an intimate understanding of how to effectively communicate your company's mission, values, practices and products.

As marketers, when we think about an idea in the framework of a "campaign", we may limit ourselves in thinking about it as a one time, event-specific occurrence. It may last a day or a month, but if we're thinking about it as having a start and and a finish, we may miss the opportunity to focus on the bigger picture - the idea that a solid marketing strategy it truly "integrated" across channels. It also takes advantage of the immediacy and the reach that technology has provided us with social media and email to communicate with our audience continuously and meaningfully, targeting our message by media type and inviting the recipients of that message to engage with us and respond.

I found Brian Carroll's post about Conversations over Campaigns. It has several great points about the "start and stop" nature of a campaign versus the more holistic view of the "conversation" in marketing.
Amplify’d from blog.startwithalead.com
Marketing is undergoing a remarkable evolution at this moment. The multitude of mediums we can use to speak to our marketplace is revolutionizing how we work. I believe the days of campaigns – where we start-stop-measure-tweak and start all over again – are over. Today, for marketing to effectively drive revenue, it must be a continuous, meaningful conversation. 
The most successful marketers will know how to lead that conversation both internally and externally so they can communicate to their customer the right things in the right way at the right time.
Read more at blog.startwithalead.com

Monday, November 22, 2010

Ponder this: What does "productive work" really mean?

"'Productive work' does not mean the unfocused performance of the motions of some job. It means the consciously chosen pursuit of a productive career, in any line of rational endeavor, great or modest, on any level of ability. It is not the degree of a man’s ability nor the scale of his work that is ethically relevant here, but the fullest and most purposeful use of his mind."

- Ayn Rand, novelist, philosopher, playwright, screenwriter

Tuesday, November 9, 2010

Why social media makes big sense in business marketing

Social media marketing for Business-to-Business (B2B) organizations has a very large and growing impact on things like customer loyalty and advocacy. (Source) This is particularly true for my role running social media for a B2B enterprise technology firm because business technology buyers participate socially more than the average US adult. Forrester surveyed technical and line-of-business decision-makers who buy technology. Socially, this is an extremely active group compared to US adults or many other groups. (The Social Technographics® of Business Buyers, Forrester, Feb. 20, 2009)

My company has built out a significant social media presence designed to increase brand awareness, demonstrate internal thought leadership, and ultimately increase interest from prospective buyers.

Much like business development is fostered via a networking event at a local venue, social media sites like Twitter and LinkedIn facilitate introductions, provide profile information, and allow like-minded professionals to connect, converse, and engage with one another ongoing. On social media sites, you will meet individuals you may never have otherwise been introduced to, and their social activity online will allow you to get to know their interests and their needs. 

From a Personal Perspective
Social media marketing requires having a social personality and an interest in meeting new people, learning from them, sharing ideas and discussing concepts and trends. The more I participate on Twitter, LinkedIn and other sites with my personal profile, the better I understand the social dynamics and protocols for how these social networks operate. I can leverage what I learn from my personal profiles to build out awareness and connections for my company's official profiles across social networks. I learn what kind of content is interesting to people, how they prefer to be approached or introduced, and what kind of content is likely to be shared and spread across the network. In the same way that I enjoy a party with friends, a happy hour event with a local marketing group, or a 5K race in my neighborhood, I enjoy spending 5 minutes or 30 minutes on Twitter every couple of hours because I am meeting new people, getting to know their personalities, and learning from them. 

I get to take my personal interests in just "being social" and apply it to helping my company become more social online, and because our target market is also very technologically savvy, the number of people with whom I can connect and share ideas is growing rapidly.

Here are some of my favorite social media related quotes from real experts in the space. I believe these speak to my point about the industry and what it takes to participate and thrive within it:
  • “What’s required is a kind of social media sherpa, who can find you the audience you seek, who can reach to them on the platforms where they are already congregating, and who can help promote in tasteful ways that fit the sensitivities of the networks where your audiences are found.” – Chris Brogan, author of “Trust Agents”
  • “Engaging in an authentic, meaningful conversation with consumers will be the key to marketing success and growth, even if that means acknowledging negative feedback; transparency is paramount.” Ron Blake, president and CEO of Rewards Network
  • As a general principle, the more users share about themselves, the more others in the community will learn about them and identify with them.” Matt Rhodes, writing in Social Media Today
  • “Social Media is about the people! Not about your business. Provide for the people and the people will provide for you.” Matt Goulart    

Thanks to @MirnaBard for the quotes.

Monday, November 8, 2010

Mashable's love-fest with Starbucks, JetBlue and other big brands

Mashable continues to applaud the same big brands for their social media efforts. About once a month, Starbucks, JetBlue, Dunkin Donuts, The History Channel or Whole Foods are mentioned in one of their articles. That's not to say I disagree that these companies are doing a great job in social media marketing. Each of them, in fact, is doing something somewhat unique - whether it's on FourSquare, Twitter, Facebook, etc.

The challenge, I think, is that in their analysis of these brands, Mashable's "appreciation of engagement, innovation and longevity" relies on each brand having done something "unique" or just simply becoming heavily engaged on a social media site and responding to customers there.

What I'd like to see more of is discussion about results and quantifiable metrics so that the next time we applaud a big brand for their accomplishments, we're doing so because they drove the business forward in a tangible way rather than simply playing in the space in a public way.

For example, take their mention of Starbucks' accomplishments in social media. Is it more important to be the "most liked" brand on Facebook or to have driven X number of incremental coupon downloads and redemptions from your Facebook page? Or to notice that in areas where their Facebook fan-base is higher, they see higher foot traffic in the stores? How are you leveraging your fan-base to get people in the store or to drive sales?

That's what this article is missing.

Many companies may not be comfortable releasing internal numbers, but marketing leaders often share them at conferences, so it's not unheard of. As marketers who are interested in the world of "social media marketing", we ought to allow ourselves to be as critical as possible of our peers who are managing social media for other brands - and also to be as critical of ourselves and how we're gauging success in what we do. It is certainly honorable of them to be investing in social media, but you'll convince me and others that social media is worth that time and money if you show us that it's getting results. And the big brands, especially the ones mentioned here, are the ones in the spotlight - the ones with the biggest chance to help shift the conversation toward the numbers and the money and not just highlight the glitz and glam of "most followers" and "most fans."

Do you have a link to a case study about a "big brand" in social media that includes metrics and quantified results? Does your company talk in these terms internally whenever it discusses its social media strategy? Share your thoughts here in the comments.

Here are the highlights from Mashable's story, dated today:
Amplify’d from mashable.com
In appreciation of engagement, innovation and longevity, here are five of our top picks for must-follow brands that just know how to use social media.

1. Starbucks

Why Starbucks Rocked This Year: As the most-”Liked” brand on Facebook and one of the top 10 most followed brands on Twitter, Starbucks has proven it’s social media savvy. It has continued to launch new campaigns and engage followers along the way. And it continues to source ideas from its custom social network, My Starbucks Idea.

2. JetBlue

Taking a look at the JetBlue Twitter stream, you see a mass of responses from the airline to inquiring followers — that’s what social is all about. Even with the occasional flight attendant snafu, the company manages to handle the social space well.
We’ve read over and over that one of the top reasons why people follow brands via social media is that they want inside information on promotions and deals. We’re always tuned in to what JetBlue has to say, even if just for the limited offers on All-You-Can-Jet passes that pop up every now and then.

3. The History Channel

Typically, Foursquare tips are used to uncover insider information when you check in to a venue. The History Channel rethought the concept of the tip and began providing unexpected history lessons that were tied to locations.

4. Whole Foods

Whole Foods takes the cake for having one of the most expansive and inclusive social media strategies around, making it one of the top enterprises using social media.
The company encourages individual stores and regional areas to create their own Twitter handles for a more niche customer experience online
At our latest count, the company had nearly 300 niche Twitter accounts.

5. Dunkin’ Donuts

Dunkin’ Donuts focuses on showcasing passionate fans.
Dunkin’ Donuts is all about highlighting its customers via social media. It is always running social media contests, such as last year’s “Keep It Coolatta” sweepstakes, the recent “Create Dunkin’s Next Donut” contest and the current “Ultimate DD Coffee Fan” search.Read more at mashable.com
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