As with all marketing mediums, there’s a lot of dialogue and discussion on how to measure the success of a campaign or marketing initiative.  Within the social media space marketers, companies and brands have been trying to figure out the holy grail of social media measurement.  For many, they try to say that the logical metric is the number of fans or followers that a brand or company accumulates across platforms such as Facebook and Twitter.  We beg to differ.

At the end of the day, any campaign, whether it be in the social or traditional marketing space lives, breathes and dies based on how well it ultimately moves the sales meter.  While from an analytic standpoint, it’s nice to have cost per impressions and reach costs, we also need to understand that today’s consumer has “constant partial attention”.  So, while you may be reaching them with impressions, or having them click on a like button or a follow button - are you really reaching through the clutter of marketing messages and noise that are competing for that consumer’s attention?

In reality, many consumers will click a like button or a follow button because a friend of a friend of a friend of the marketer reached the consumer and told them to click.  They’ll click and never look back.  So, at the end of the day, you’ve got a false population of fans/likes/followers who could care less about the messages they’re being blasted via Twitter, Facebook and the other platforms in which the brand is trying to engage their attention.

From our standpoint, the real measurement of both traditional and social media marketing success is multi-layered and lies between the actual engagement of those consumers — are they becoming evangelists?, are they engaging with your brand or company?, are you having viable dialogues that bring value to the consumer (and to the brand)?, and - most importantly - is there a positive impact to your brand or company’s bottom line???

How are you measuring your current campaign success?  We’d love to hear your thoughts…

A big question for those interested in social media marketing today is effectiveness. What drives customers and businesses to my site? How do I engage my customer base to create a two-way dialogue that promotes positive interaction?

A recent survey conducted by MarketingProfs in September 2009 of business-to-business (B2B) and business-to-consumer (B2C) marketers found that the marketing tactics most often used on social media sites aren’t necessarily the best.

Simply friending customers and attempting to drive traffic to corporate websites with status updates on Facebook, ranked among the most common tactics. But brands cannot expect to gain traction with these simplistic one-way communications.

Looking at MarketingProf’s survey of B2B and B2C marketers, the most effective tactic for consumer-oriented companies was creating a Facebook application. However, less than 25 percent of the total number of those surveyed used this approach. A close second for both B2C and B2B marketers were fan surveys, although ranked as the third most-common tactic attempted.

Coming in dead-last as effective were Facebook ads. Even targeted ads, using Facebook’s improved ad targeting package came up short.

Not a surprise really when you recognize that social media users, especially those savvy to traditional communication techniques, expect companies to provide value, interactivity and ultimately open up a human dialogue.

Twitter is another application where the goals don’t match the approach most marketers’ take.

Because of Twitter’s features, brevity and fairly recent entrance into the web its user base is different from Facebook’s and so is its utility to marketers. Those who used Twitter as a tool for monitoring and person-to-person communication, instead of as a sales channel, reported 40 percent or higher success rates.

Buzzphoria knows that success in social media means going that extra mile down the road less traveled to interact with customers and clients in a dynamic way. One-way traditional communications aren’t how real people talk to one another and it shouldn’t be how companies going forward address their consumers.

Has your company embraced social media’s human communication?

Do you know what your employees, past employees and stake holders are saying about your company and brand?  While many brands and corporations are focusing their social media efforts on consumer/customer dialogues; many fail to monitor what their internal audiences are saying.

We’ve been seeing repeated patterns among employees of companies, both publicly traded and privately held…Does your company fall into this pattern?

At Buzzphoria, we use proprietary software to measure what’s being said about companies, brands and their competitors across all social media and web-based communications channels.  When we first begin working with clients, we run historic searches to provide a benchmark for where they are in social electronic conversations - who’s talking about them, what’s being said, where it’s being said, what’s the tone, sentiment, relevancy of the conversation (ie., how many people are monitoring that particular conversation and what is the level of influence of the sites, platforms and individuals who are having those conversations, etc).  This Social Media Reality Check, as we call it, provides valuable insights that shape our recommendations, strategy and implementation of our clients’ core social media outreach.

In addition to consumer/customer communications, we also spend a great deal of time working with our clients to identify the social media discussions that are taking place by stake holders within their organizations.

From an internal corporate communications standpoint the pattern that we’ve been seeing:

1.  Most of the clients we’re called in to work with (both private and public companies) do not have a blog/twitter/social media strategy policy related to employee communications.  Many have been calling us in to a) see if they need a policy, b) run a baseline to see what’s being said and c) craft a policy for them that is easy for employees to understand, is easy to monitor and enforce and is respectful of protecting proprietary corporate information while also being respectful of the employees’ personal rights…

2.  It has been more of the rule, rather than the exception, that we’ve found multiple employee run groups on social networking sites (not just business sites such as LinkedIn and Plaxo; but also more generalized personal sites such as Facebook).  The groups and pages we’ve uncovered have by and large been using the corporate logo, have identified themselves by the corporate name and have encouraged and have been populated by both present and past employees.  In nearly every instance, the corporation hiring us was unaware that these groups existed.

3.  In addition, for each of the corporations that we’ve done this for, we have also uncovered both employee blogs and Twitter accounts.  While the bulk of the Twitter accounts and blogs we’ve found have been for personal use, we have found that in nearly all instances, the employee with these accounts is also sprinkling their personal conversations and communications with corporate information.

Since one of Twitter’s best uses is as a content aggregator, we’ve found that most Twitter accounts held by corporate employees has also been programmed to aggregate Twitter communications onto multiple social networking and blog platforms the employee possesses (for example - they send a Tweet on Twitter and the tweet is updated to their Facebook, Linkedin and Blog pages).

Some specific examples of information we’ve seen that can be damaging to the corporation:

-   employees conversing about new clients they’re going after

-   employees conversing about job and company dissatisfaction

-   employees conversing about looking for new jobs

-   employees conversing about problems (product failures, forthcoming earnings statements, possible recalls)

-   employees conversing about product development initiatives

Most of the time, the employees are not even aware that their conversations could potentially be having a negative impact on the corporation.

4.  For the majority of publicly traded companies we’re working with, we’ve found that both media and analysts are conversing on multiple platforms (Twitter, blogs, discussion groups, social media pages, etc) and that our clients were unaware these conversations were taking place.

Do you know what your employees and stake holders are saying about your company and or brand?

In our last post we covered To Blog or Not to Blog. In that post we mentioned that too many brands and corporations take a Field of Dreams approach to creating a blog believing that just because they build it the audience will come.

A report in the Wall Street Journal, noted the effect of adding a blog to a web site: unique site visitors increased from 100 per month to 150,000 per month; total sales increased 18 percent; web-site generated sales increased to 25 percent of referrals, up from a mere one percent.

The Wall Street Journal article also suggested that a blog can be more important than having a web site.

While we agree that blogs can be an important component of a brand’s marketing mix, we feel that it would be reckless for a brand or company to depend solely on the blog as their online marketing initiative. A blog is a great tool if properly planned and executed, however, if there is no voice, no plan and no audience it can also fall into the proverbial tree falling in the forest argument…

Creating a blog can be inexpensive when free blog sites such as Google’s Blogger.com (www.blogger.com). And while no one can promise that using Google’s blog site will get your blog a better listing in a Google search, it just seems like common sense that it would be a plus.

Other free blog sites include Wordpress.org (www.wordpress.org), LiveJournal.com (www.livejournal.com), and . . . we’ll stop here, because any list will be sure to omit the one blog site that someone thinks is the best blog site on the web. But that’s one of the great things about a blog: readers add value by posting comments. So, let the debate begin over the best place to be blogging. Or whether Blogger.com earns better positioning in a Google search.

But back to business . . . your business.
 
Why Blog?

A blog is alive.

A web site is static.

A blog is fresh, it’s now: content with a “born on” date.

A web site is like . . . that jar of peanut butter of an unknown vintage, lost in the back of the pantry.  Contaminated with salmonella? Who knows how long it has been sitting.
 
A blog engages the reader by empowering each reader to post comments.

A web site is mere dictation . . . dictatorially delivered.

A blog collects consumer feedback . . . in a place where your business can respond, especially to show the world you care about satisfying any unhappy customer.
 
A web site may invite an email or phone call, but can fail miserably at enabling you to show the world you care and do deliver excellence in customer service.

Updating a blog is as easy as posting your latest text, pics, or video to the blog.

Updating a web site? Unless you’re technically savvy, you’ll be writing text and a check with every little update.

A blog allows you to show your expertise. With this blog, Buzzphoria aims to illustrate details about our being our own best case study while at the same time showing how your business can use digital marketing strategies to enhance your bottom line.

To help stimulate the discussion, Buzzphoria will continue, intentionally, to do some things wrong, while unfolding all the elements of endgame and “we are our own best case study” illustration . . . and, we invite readers to demonstrate their informed opinions on the better way to achieve marketing success in this space. Uncensored.

Coming soon: What is a social media reality check? and What happens when your brand gets hijacked.