Comm Building

Seven Business Objectives and their ROI for Monitoring Social Media

Michael Leander Nielson of Oslo  invited me to present a webinar on Business Objectives for Social Media Monitoring. It’s a popular topic and we had great attendance!

I covered the following:

  • Which objectives to consider when defining your social media monitoring (SMM) strategy
  • What types of tools are available
  • How to make sense of the data that is gathered
  • The ROI and benefits of social media monitoring

During the webinar it was interesting the exchange of Twitter usernames transition to  requesting to continue the conversation in a community. It underlined how people with a similar affinity will want to gather! Everyone is welcome to join our Community .

One of the challenges that I have in presenting webinars is that I feel like I’m talking to an empty space. But that wasn’t the case in this one. There was a lot of conversation happening in the chat box. I had 5 poll questions and that generated more conversation on the side as well making much more interactive. Here are the results:

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Many of those that chose ‘Other’ posted their background in the chat.

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I found this to be very interesting that the majority were B2B’s!

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This explains why we’re so busy. Social Media monitoring isn’t mainstream yet. People are still learning.

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Attendees were primarily from Europe, and there were a lot of questions about language capabilities.

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It’s really important to know what your objective is for listening.

I will post a link to the recording of the webinar when it is available.


Case Study and ROI of a Twitter Engagement

This week at Marketing Prof’s Digital virtual marketing conference, I presented a case study of Techrigy’s use of Twitter for lead generation. Many question the value of spending time on Twitter, but it has proven to be invaluable for the growth of our startup! Here’s our story. I started with the numbers first.

Here’s some additional commentary to go with the slides:

One year ago I was contracted for a few hours a week. Two months later I went full time. As a community manager, I relied on social media marketing. We had an ambitious team of 5 and no marketing budget. (I learned new words like ‘boot strapping’).

When I started demo’ing SM2 there was a huge learning curve if the attendee didn’t know about wikis, twitter, etc. So, after doing some ‘listening’ I realized that people on Twitter were early adopters and had achieved a certain level. In addition many were asking, ‘What should we be using for social media monitoring?’, How do you do it?, and the pro’s and con’s are debated.

Twitter was ideal because users are:

  • early adopters & understand the basics of social media
  • actively seeking information and options
  • specifically interested in our service
  • happy to share information with others which builds word of mouth
  • very happy to see a listening tool actively engaged

To use Twitter for lead generation, listen for people expressing a need for your product or service. In our case I monitor for the phrase “social media monitoring”. If you’re a financial institution, then you may want to monitor for “mortgage calculator”. And a photography software company may monitor for “taking photos” and join the conversation.

After the presentation I hung out on Twitter and chatted. I saw my colleague, Jim Reynolds, confirm that we quit cold calling. He joined Techrigy two weeks after I did and is avidly involved in the conversation on Twitter.

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And I caught this testimonial by @GavinThomas. Our goal is to provide value and we’ve made a lot of friends there. This underlines the idea that people don’t mind the connection on Twitter.

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The whole Marketing Prof’s conference is available for 90 days. Enjoy!

At the end of the presentation I listed a number of business objectives that can be realized using Twitter. What have you found effective?


Redefine Customer Communication

Last week I did a half day workshop at Enterprise 2.0 in Boston. We had a great conversation! Over fifty people from a broad range of backgrounds attended! I was glad to hear that we had more than marketing people. There were some social media people, analysts, community managers, higher education (one in engineering!), programmers, and brands. I was really hoping for that diversity & it really spiced up things.

My hats off to the Enterprise 2.0 organizer, Steve Wylie. When he first talked with me I advocated for sessions on ‘community’. And when I saw the agenda I was so pleased to see many sessions on community related topics!

It was a challenge to create a slide deck to span 3.25 hrs and not know my audience. We intermixed discussion with the slides & we moved through questions & concerns.

Here are my notes that I had going into the presentation:

Fear needs to be overcome. A topic of discussion recently is should social media efforts start at the grassroots level or executive?

There needs to be executive sponsorship and the company’s culture needs to be ready.

    • Are you seriously interested in what customers are saying?
    • Will you respond?
    • It’s not cheap. It’s time intensive

For Case Studies, Peter Kim’s wiki has over 1000 case studies that can be searched by industry.

To ensure success, choose a small project, then establish goals & strategy.

Suggested blogs to read:

Let me know what questions you have on the slide deck. And I have other presentations on measurement & community building on slideshare.net

1 Comment more...

Living on the Edge

image So you’ve built up your personal brand to superstar status. Everyone is watching. You are setting the pace and rocking it as an A-lister. Your community loves & adores you. Everything is awesome right? What could go wrong?

An unintentional mistake …

I’ve watched it happen over the past couple of years. The blogging community is a warm tight knit community. But as with any group the leaders are held to high standards. They’re expected to set the bar.

It’s easy to sit back & watch the kerfluffle unfold. In the past I haven’t said much out loud because it was ‘safer’ to support people in the back channel. We went thru the puppet fiasco with Shel Israel. I got to know him at a personal level by supporting him in the back channel. The puppet videos weren’t funny if you put yourself in his shoes. And there is the person on Twitter who has a parody going. I’m not interested in being on their radar.

This spring I watched when Jeremiah Owyang made a slip on his blog. We talked by phone & he told me that many of the anonymous comments were from the same IP. I was glad to be able to offer my support & suggestions for weathering the storm.

Most recently I saw a post on SocialMediaToday criticizing Gary Vaynerchuk’s PR blogger campaign to promote his book, Crush It. I received the same email & agree that there was one sentence that won’t motivate me to engage:

On your side, anything you do with him is going to get an influx of readers to your blog due to his massive and loyal following.

I was interested in participating in promoting Gary’s book because:

  • as a past librarian, books are amazing
  • we were invited to suggest how we wanted to share the book with our community/network (allowing creativity)

I didn’t know Gary & so his personal brand wasn’t a motivation (hence that last sentence didn’t resonate with me).

What are the ramifications: At the time I put my opinion on the post, 600 people had viewed the post. I see that 2000 have now. I understand John Cass’ intention to use examples to teach others but at what expense to Gary’s brand? We agreed that we get bad pitches every day but this one came from a social media superstar.

The conversation was taken up on Shel Holtz & Neville Hobson’s live interview on Friday. Gary apologized & said that he realizes that some things could have been done differently.

My take aways:

  • I disagree that an effective blogger campaign requires reading each person’s blog to find what motivates them. It’s not scalable. (Gary was trying to grow his community – the email just didn’t describe his book to connect with the audience)
  • scaling a brand & connecting with potential new audiences on a personal level is difficult. How can one connect & build relationships?
  • empowering others to help you with your work has its risks. They need to understand the space because even though this email was signed by someone else, it still represented Gary’s brand.

Gary graciously expressed his apologies many times in the interview. He did say that of the 500 emails, he had a 50% response rate which is really good. What success rate do professional agencies have?

I look forward to seeing Gary’s book (and the other nine! He signed an unprecedented 10 book deal). You can read John Cass’ follow up is here & I respect his opinions. John’s intent was to use it as a learning experience. After commenting on the post Gary sent me a personal note & we are now connected. He works 19 hrs a day & I am guilty of that too. We need to support each other as we’re all going to make mistakes. Let’s speak up for what we believe in & not be too hard on each other. What will happen when you stumble?

Photo credit: gicol/Flickr


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