The Next Wave in Social?

There was a time when everyone was hot about “Location-based Advertising”.  Well, everyone’s still trying to crack that chestnut, and maybe this is a way to do it - Location-based Micro-Blogging.  This is better known as an application called FourSquare, or its closest competitor Gowalla.

Think of FourSqaure as Twitter meets Google Maps with an added gaming concept that reminds me of the old treasure hunts I used to go on as a child with my parents…but without the clues.  Essentially, when you arrive at an establishment, or your home, or your office, or where ever, you use an app running on your smartphone to “check-in”.  That act of checking into that location is then published to the rest of your social network.  You also have the opportunity to receive some points and a virtual badge of honor.  Last, but not least, you can provide a Tip to visitors of the establishment (for more points), or simply post a status update.

Of course, the obvious question is, “Why?”.  But then again, why do we do anything?  Why do we Tweet?  Why do we post videos to YouTube?  Why am I writing this blog?

To be honest, that’s not a very pragmatic question (although it will lead to very deep understanding of what is driving Social CRM, or Social Customer Relationship Management).  Businesses today are trying to get their head around the “How?”, as in “How can I leverage this?”.

Before we delve into the depths of this topic, I think it fair to share some information about whether your business should care.  As usual, we’re at the very beginning of this new technology adoption curve and there’s a long way to go.  Here are some statistics put out recently by RJ Metrics.

As you will see, the numbers are not overwhelming compared to say Facebook, but my guess is that if you’re in the San Francisco Bay Area, this form of market engagement could get very relevant relatively quickly.

Foursquare

  • Number of users: 1.9 million
  • Number of registered venues: 5.6 million
  • Check-ins: 1/3 of venues only once or never
  • Most popular venues: Home or fast food establishments
Of course, we need to look at the growth rate - it’s high, and stable, as this graph from RJMetrics shows.

Posted under Social Media Marketing, marketing

This post was written by James Colgan on July 14, 2010

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Culture and Corporate Adoption of Social Media

Cruising around I came across a report from Burson-Marsteller (a PR firm) that took the Forbes 100 list of companies and analyzed it to see what degree they were involved in Social Media.  That data was then taken by iStrategy who created some very eye-catching charts that I’ve repeated below.

It’s interesting to note that for Twitter, Facebook, and YouTube, corporations based in the US and Europe lead in terms of adoption.  However, Asia-Pacific companies clearly outstrip the other regions in terms of corporate blog adoption (as a percentage).

I wonder why that is - on the face of it, it appears counter intuitive.  Blogs were around before the other 3 primary forms of Social Media, and US/EU companies were thought to be “leading the charge” in Social Media.  So you would expect adoption to be greater amongst the early adopter set.

The blog statistic busts the stereotype in another way.  Consider that the greater the freedom of expression the greater the trust that must be placed in the wielder of the tool.  Does this mean that Asia-Pac companies trust their employees more than US and EU companies?  Or does this mean that Asia-Pac companies provide more training, or stricter processes?

Does this statistic reinforce or reflect cultural stereotypes?  Cultures that have an ideographic written language (Japanese, Chinese, Korean, etc.) are much more comfortable and expect data to be presented in a written form.  Why use graphics when the language is itself graphical?  (A Yahoo! Example.)  (As single characters communicate complex concepts, data absorption in ideographic languages is considered to be more efficient than for those languages using the roman alphabet, for example.)

Do the statistics reflect a different stereotype - The US has the attention span only for 140 characters?

What do you see in the statistics?

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Posted under Sales Automation

This post was written by James Colgan on July 9, 2010

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Personae - Who Are Your Customers?

As an Enterprise Software marketing or sales professional, do you know who your customers are?  Do you know how to engage them?  They sound like rookie questions, but for a Social Media Marketing strategy to work (or any marketing strategy for that matter) we need to deeply understand this as a marketing organization.  And we do this by creating Customer Personae.

In traditional marketing, we characterized our customers to understand what they wanted and how to reach them.  If we understood what they wanted, we knew what product to develop.  And once we understood how to reach them, we’d then pitch our product with all its glorious features with the hope that they would buy.  Classically, the four P’s process - product, place, price, promotion.
In Social Media Marketing this is not an effective approach, because Social Media Marketing is not about your products.  Your customers take center stage of the conversation.  But wait a minute, in Social Media Marketing, your customers are not really customers at all!  They’re your community!  It’s becoming a cliche, but it’s very important to think in these terms, as it helps to set the stage for the content you are to create and how you are going to engage them.
By illustration, if you were to go into your local community gathering place and meet people there for the first time, you wouldn’t just start pitching your products or services at them.  You’d start a conversation with someone in the same way you would any other - you’d find out about them.  Find out what’s going on in their lives, and along the way maybe you’d relate a similar story of your own - the contractor that actually finished the kitchen remodel on time and within budget!  ”What’s your email address?  I’ll send you his contact information.”  This is how Social Media Marketing works.

Back to creating your personae.  Why are we doing this again?  To step into customer shoes to better understand how they make buying decisions.  We also want to discover topics and subjects that each persona would be interested in (your product is not an interesting topic, by the way…not yet).
As an Enterprise Software vendor, your community isn’t just your users.  Your target community contains everybody that comes into contact with your product, the users of your product, your company, your personnel, and your brand in general.

Think beyond the sales cycle, and extend your persona map to the life-cycle of the product.

Traditionally, within the Sales Cycle, you would find the following personae: User, Decision Maker, Evaluator, Gatekeeper, Influencer, etc.  These are important people to understand and list, but there are more that you need to consider for the life-cycle of Enterprise Software - IT, Legal, Accounts Payable, Finance, for example.

Once you have listed up these different personae, create representative biographies for each (not job descriptions!).  At the top of each biography call out their goals or aspirations.  Underneath that describe things like their background, their daily routines, problems they regularly encounter, current solutions that they use, etc.  Create as detailed a picture as you can as this will be a key source of content ideas.
Underneath the description, detail how they typically get and absorb information.  Is it videos?  Presentations?  Online Forums? White Papers? Demonstrations?  Product evaluations?  From this list you will be able to determine the form in which your content should take.
Last, but not least, list the ways in which each persona can be reached and how they prefer to be reached (or engaged).  The communication map for your market will be wide and varied.  However, one thing is almost certain - your original assumptions are probably wrong.  At least in the spread.
Your community is using Facebook, they are on LinkedIn, they are in forums, they are on Twitter, and they’re probably using email less and less.  They’re hardly ever reading paper magazines (what few still exist), and very few of them as a percentage go to conferences and trade shows.
Forbes, in collaboration with Google, put out a very interesting study on executives’ use of the internet. Anecdotally, this is a demographic that is not supposed to be online.  Read the report for the full scoop, but here are some interesting statistics that indicate that only one thing is constant - change.
(As an aside, in the report they refer to different generational personae as Generation Wang, Generation PC, and Generation Netscape.)
So, in summary, before you embark on your Social Media Marketing strategy, and once you have your objectives written down, create personae for each of your community types (customer).  Include as many as make sense from both the sales cycle and the product life-cycle.  (You may discover some hidden gems in the latter.)  Once you have done this, you will have a good starting point for not only the types of content you should be developing, but also how you should be reaching your community.

A final note - To do an effective job of this, you have to get out of the conference room, out of the office, and talk to your customers.  If you don’t, you’re just guessing.
[Photo credit: James Cridland]

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Posted under Social Media Marketing

This post was written by James Colgan on July 6, 2010

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