Reputation to Revenue

Blog as hub, site as spoke

David Berkowitz (@dberkowitz) from the digital marketing agency 360i had a nice article today about building your brand with social media

He used the example of launching the agency's new Social Marketing Playbook earlier this month (which is well worth a look). The launch was a success (10,000 downloads in the first few days), and David stresses the essential back story--the hard work of the last few years building the agency's social presence through blogging, Facebook, Twitter, SlideShare, Scribd, LinkedIn, Flickr, and so on. 

It's a good story, and a great reminder that social media marketing is about ongoing and integrated presence, not individual campaigns or discrete tool-based initiatives.

But a single line--and phrase--stuck with me most: 

There was also a clear architecture for it [our social media efforts], with the blog as a hub, and all of the spokes, including our corporate site, relating coherently to the hub and to each other.

"With the blog as a hub..."

For readers at small companies or consulting on their own, the idea of the blog as hub is nothing special. You want to demonstrate expertise, regularly refresh content to drive better search performance, and minimize site maintenance workload. A blog makes perfect sense.

What about larger companies? The logic certainly remains the same. Larger companies also want to demonstrate expertise, maximize search, and minimize needless site maintenance. But big companies are too complicated to boil it all down to a blog, right? What about all those offerings, success stories, executive bios, and the rest of the content that fills endless pages on large corporate sites?

Well, maybe. But does "needing" a more traditional site to serve as a corporate archive mean it has sit at the center of marketing?

Most of the people you're trying to connect with care a lot more about your latest thinking than they do about your carefully crafted but static product, service, and solution pages. So why not push the corporate site off to the side and put the blog front and center? 

It's a radical notion for a large company, but perhaps it's just the sort of thinking that larger companies need to make a more serious commitment not just to social media, but also to the broader ideas of marketing as education, marketing as service, and marketing as community (three of my current mantras). 

Web sites can certainly support all of these ideas, and companies are livening up their sites with blogs, video feeds, and community portals, I wonder, though, if the more radical step is still necessary to make the transformation real, to fully jettison the old ideas of marketing as broadcast, promotion, and persuasion. 

What do you think?

Photo credit: poppofatticus

Words and meaning: The power of alignment

Suzanne Lowe from Expertise Marketing has a great piece in her June newsletter on the importance of developing a common lexicon for marketing and business development in professional service firms. 

Pointing to common misunderstandings between business leaders and partners, on the one hand, and marketers and business developers on the other, about such basic terms as "return on investment," Lowe suggests that PS firms would be well served by investing some time in building common understanding. 

Most important, she says, is defining marketing and business development "up" to a more expansive and strategic view: 

For example, why should the term "marketing only connote the limited activities of, let's say, "building awareness," or "sales support?" Shouldn't the term "marketing be understood to also include targeting and segmentation? Pricing? Client loyalty? In many professional firms, marketing does not mean these latter terms, only the former.

To which I can only say, Amen.

It's not just professional service firms, of course. Many of the technology firms I work with suffer from the same problems: confusion over key terms and meanings, and a general defining "down" of what marketing is all about. And now that we're all trying to sort out the tangled terms of Web 2.0/social media/social networking/social web/marketing 2.0, the language problem is only getting worse.

But all is not lost, and Lowe is right to suggest that lexiconical alignment (if there is such a phrase!) can be a powerful force. 

Just consider the confusion around the word "solutions." If marketing is often misunderstood, the "S" word is subject to near-universal confusion. For companies that have taken the time to work through a solutions lexicon and taxonomy, however, the benefits have been substantial. 

My old company ITSMA has been in the forefront of this work in the IT sector, and my colleagues and I at Solutions Insights have continued to work with clients in similar fashion. In a great many cases, progress on the real work of bringing new offerings to market, sharpening marketing messaging to emphasize strategic business problems rather than product features and functions, and reorienting sales forces to sell integrated business "solutions" could only happen after all the relevant stakeholders agreed on a common language.

As it has been with solutions, so it can be with "marketing." In Lowe's own words, "New understandings of terms will foster practitioners' ability to grow the 'right' revenues, gain meaningful market share, and optimally serve clients."

What do you think?

Photo credit: greebile

The joy of tweets: Twittering Rocks on Bloomsday

Normally I write about B2B marketing, thought leadership, sustainability, solutions, and other allegedly useful and important things. 

But sometimes you just have to stop and revel in the joy of sheer creativity. 

Today, June 16, is Bloomsday, the fabled day in James Joyce's pathbreaking novel Ulysses. For decades, Joyce-lovers in Dublin and worldwide have commemorated the day with all manner of readings, dramatizations, and celebrations. 

Today, befitting the Twitter-mania that has swept the planet, two devotees have merged one of the most creative bursts of the early 20th century, Ulysses, with the who-knows-where-this-is-going explosion of the early 21st, Twitter. As reported by the Associated Press:

Two devotees of "Ulysses" have adapted its 10th chapter to Twitter, which limits users to 140 characters per post. Called "Wandering Rocks," the chapter is especially well-suited to Twitter because it follows 19 Dubliners going about their daily business.

For three years now, Ian Bogost, a Georgia Tech professor, and friend Ian McCarthy, a product manager at LinkedIn, have commemorated "Bloomsday" on Twitter on June 16. That date in 1904 is when the entirety of "Ulysses" takes place, chronicling the experiences of a man named Leopold Bloom.

Bogost says using Twitter "for literary performance art might help shift perspectives on the service" and get people to use it for more than self-centered musings. "Perhaps in so doing, we can shift people's interest in social media technologies from egomania and immediacy toward deliberation and cultural reflection," Bogost wrote in an e-mail from Australia.

Bogost and McCarthy have dubbed their performance "Twittering Rocks," a play on the chapter's title that could also mean Twittering is awesome. They have registered 54 of the novel's key characters as Twitter users, and Bogost built a software program that tweets their first-person utterances at the correct moments in the chapter.

"The result is a complex web of timed interactions between many characters," he said, "precisely the effect Joyce was aiming for in the novel." 

I was blown away when I read this, but I guess this type of thing is inevitable. Or, as Ulysses character StephenDedalus noted a few hours ago in one of his last Bloomsday tweets, "Show no surprise. Quite natural."

James Joyce Textorized image by maxf.

The hard questions about social media for B2B solutions providers

The skepticism about social media for B2B is pretty much gone by now. It's still pretty new for a great many companies, but the combination of legitimate success stories, overwhelming hype, and the desperate search for new ways to reach customers when the old ways work less and less has convinced all but the most recalcitrant among us that social media is at least worth a try.

But how to proceed is far from clear, especially for companies selling high-value solutions that typically require very long sales cycles with multiple influencers and decision makers in every transaction. Even for companies with a fair amount of social media experience, figuring out specifically where and how to invest in social media is a huge challenge. 

It's all well and good to dabble in blogging, Twitter, and YouTube, but creating a strategic, focused, and sustainable social media program requires answering some pretty tough questions, such as:

• Who are we really trying to reach? Do we have a clear sense of which customers, prospects, influencers, and/or other stakeholders are active in social networks, or could be -- and why it's important to reach them this way?
• How do we get their attention? Attention is the scarcest commodity, especially at the executive level where many solutions marketers are determined to engage. Do we really understand what social programs or activities or applications are most likely to succeed with the people we are trying to reach?
• Do we have the skills? Lots of people talk the social media talk, but can they really deliver? Executing with social media requires a diverse set of skills, including content development, recruitment, conversation, facilitation, analysis, and, most of all, LISTENING. Who in the organization is going to do the heavy lifting?
• How should we organize our efforts? Who should "own" social media is a big conversation topic these days, with claims coming from varying departments and types of agencies. Some suggest that the very idea of ownership goes against the democratic philosophy of social media. Do we have a solid strategy for planning, budgeting, and managing our efforts in a coordinated way? Are we confident that we're not taking too narrow or broad a view of how this might work best?
• Can we sustain the effort? Social media is generally a long term proposition; initiatives may take 6-12 months or more to gain real momentum even if they are well designed and managed. Do we have the staying power to stick with it month after month after month even if the early returns are slight?
• How do we capture real value and return on investment? How will we measure success? Do we have clearly defined and realistic objectives and metrics? How will we make sure the benefits reach across the organization?
• How can we minimize risk? Among the first question many executives ask about social media are: What if people say negative things about our company? What if one of our employees shares something proprietary or just stupid or embarrassing about our company? The reality is that social media does bring risk, but the risk is there whether we engage actively or not. How can we manage and support our activities in ways that lessen the risk and increase the reward?
• Are we culturally ready? A question that some companies don't ask is "are we really ready to open the doors and join the conversation?" The biggest challenge with social media is literally being social. It's having the mindset and the culture and the confidence to engage in open conversation, trust your colleagues and staff to do the same, accept criticism publicly, and give up the old notions of controlling the message and marketing to an audience.  

A great danger today is that, in their haste to "catch up," many companies are all of a sudden taking the social media plunge without addressing many of these essential questions. In my own recent discussions with clients and prospects, I've had a lot of questions about tools and tactics (e.g., "What should we be doing with Twitter or Facebook or online video), but less about strategy, objectives, organization, and culture.

Experimentation is fine, and even necessary given the constant innovation in social tools and channels, but taking social media requires a well-developed strategy. This seems almost too obvious to state; unfortunately, though, the hype around social media appears to have caused a lot of otherwise smart marketers to temporarily forget the basics of Marketing 101. Social media may well revolutionize the practice of marketing, but the will core objectives remain the same: serving customers, finding avenues for growth, building reputation, and supporting sales.

I'm not sure it's possible to define "best practice" for solutions marketing in such a new and fast-changing arena as social media, but answering the hard questions above will certainly go a long way toward developing a strategy with a good chance of success.

To help answer some of the hard questions, my partners and I at Solutions Insights have just published a short report, Socializing Solutions: Tapping Social Media for Solutions Success (PDF). The report includes a set of guidelines on where to focus your efforts and a basic, four-phase approach to building an integrated, sustainable program. Please check it out and pass it along. I'd love to know what you think.

Photo credit: OCLS

YouTube as corporate home page?

BooneOakley, a North-Carolina based agency, has gotten a lot of attention in the last few days by essentially shifting its corporate site to YouTube. Click on Booneoakley.com and you get to a "this is our agency" video on YouTube, complete with story of a struggling marketing director going down in flames (actually, a bloody ax) because he chose some other boring conglomerate firm instead of the oh-so-creative BooneOakley.

Embedded links in the main video connect viewers to additional company information, including a cute video thanking the Obama family for naming its new dog Bo after the company's initials.

The main video has received more than 220,000 views in its first 10 days, quite impressive for a small local firm.

It's not the first agency effort to throw out the traditional web page in favor of a more social look. Modernista! made a splash a few months back by directing visitors to its entries and feeds on various social media sites, including Wikepedia, Facebook, Delicious, and NetVibes. And any number of small firms use their blog as their main site.

The point here is not to surrender your traditional Website--although that may well be worth considering. It is rather to take more seriously the new possibilities of social media, to think differently about what matters, and to get past the inertia of last year's plan and the types of activities you've "always" done.

BtoB came out with a new marketing survey on the 2010 outlook yesterday. It was nice to see that a majority of B2B marketers expect to increase their budgets next year, but the more stunning finding to me was that majorities of marketers expect to "stay the same" in many budget categories, including print, broadcast, television, radio, telemarketing, and outdoor. Just a shade under 50 percent of the almost 500 respondents also expect to keep spending on events and direct mail the same. Surely the world has changed more than that! 

What do you think?