Category: Marketing

For all the talks of internet being more measurable than traditional media, most brands still fall short in optimizing their social media efforts by not narrowing down on where exactly is their target audience amongst dozens of popular platforms. Initially, in Search Engine Marketing, we marketers were restricted to target users based on their location using I.P. address tracking and also via interests based on the search query typed. But this is obviously not a complete picture because our target audience gets influenced and makes purchase decisions based on a lot of other factors like sex, platform being used and recommendations from friends etc.

And this is where social media comes in – Most platforms have such a deep knowledge of our personal data like interests, kind of friends, age, sex, current location etc. that it becomes much easier for them to categorise the user base and present targeted information to marketers. But one thing which I have realized in my past 7-8 social media projects is this:

Build it, and they will come. Just make sure your content and strategy is in sync with people whom you are targeting. Content and context are still kings, after all.

Why this happens is because of the most common filtering solution, social interests and good discoverability. X guy sees my content in my community, and shares it to all his x00 friends. Out of those x00, only Y% users will come to your branded community. But they will be highly relevant to you and will get you y% more users.

The conclusion: It’s pull. Not push.

It takes time for this viral effect to kick in (depends on platform design and content strategy) .. so it’s always good to give momentum to this virality by pushing out some social ads from your own side. Here’s how you can reach out to your target audience on various social media platforms:

  • Take a thorough look at the demographics of the audience and then decide which platform is best suited for you. Do a quick search for demographics for social media platforms which would give you a list of options. Collate your data from there and narrow down to 1-2 platforms you think your target audience might reside e.g. B2B audience and chatter would be on Linkedin and not on Facebook. Teens would be on Orkut, Myspace and Facebook etc.

  • Most of the stats you would find online are via international research and you can either extrapolate this data to India or you can also take help of Indian tools like Vizisense.com which is a personal favourite and is owned by Komli Media [below is a sample screenshot for Facebook]

Next step can be a bit tricky, because every platform has a different UI and requires different strategy to reach out to your audience. A brief summary of how to do this on Facebook and Twitter is below. But the basic strategy for any other platform is the same too. Be a part of the platform using a profile / community and start interacting with the audience. Remember the golden rule:
Content + Conversations = Community

Facebook

This one is the easiest and the bestest. Facebook is the big bad wolf. It knows everything about you. What things you like. Your complete demographics to the extent of your family relations. And this CRM data can be used by marketers by using Facebook ads. You can advertise for an external link or a Group / Page inside Facebook. The payment models for these ads can be both CPC or CPM as usual in SEM practices.

Twitter

Though not open for all, Twitter has recently opened up Promoted Trending Topics and Promoted Tweets in search queries. When a user searches for a query, on the top he can see relevant tweets from the advertiser which he can then again interact with. So, if you are trying to reach out to movie buffs, it would be a good idea to buy promoted tweets for the search query movies, mall etc.
Same goes for promoted Trending Topics. It has also very recently launched an @earlybirds account from where users can see discounts and deals being offered via different brands. Bad news is, all these new experiments are still in Beta and only via invitation.

The other option you have is to use the Twitter API and some tools like Tweeple etc. to find tweets and users based on their profile info, status updates, location, conversations etc. Below is a good list of tools to start from:

  • Tweeple – Complete bio and update history of Indian Twitter users
  • Listorious – List of users based on topics of interest
  • Advanced Twitter search – Good old fashioned style of searching content via words and location of users

Linkedin

This platform is more of a professional place where users can connect with others from the same industry. Though the UI design is not very ‘social’ the one thing that has made Linkedin more than just an online CV marketplace are the discussions happening in various groups.

Anyone can create a group based on interests and invite other users. And this should be the strategy that your every B2B effort should incorporate i.e.

  • Build a strong presence of your brand representatives on Linkedin via personal profiles.
  • Infiltrate relevant groups using these profiles. Keep an active eye on new groups related to your industry, this is the only way to find your audience.
  • Engage users in conversations around your industry. Answer their queries. Solve their problems. And then you can start converting leads into sales.
  • To have more control over the activities, you should also look at owning your own active and growing group. Your broad objective here should be to make sure that the market perceives you as the thought leader which gives out good content.

The Microsoft MVP (Most Valued Professional) Program is a very good and highly successful example of the above strategy.

Apart from these you can also use tools for the complete social web like:

  • Klout – To identify thought leaders / influencers in various topics on social media
  • Radian6 / Alterian SM2 – Monitoring tools to identify people talking about you
  • Beatblogging.org – To find out bloggers via topics of interest

I have somehow always get @dialabook tweets into my stream via common friends. So I decided to do some snooping and find out more about the service. Found it interesting. Thought of conducting an interview. Better still, thought of making it a whole series of interviews to feature how brands are using Social Media, some interesting case studies and some failures. I am going to call it ‘Industry Speaks’

First one in line is Mayank, Founder of Dial A Book, a 9 months old startup:

  • Tell us something about yourself. And how did you come up with the idea for Dial A Book. Why do you think will it be successful?
    I am a software engineer by profession and based out of Delhi. The idea for Dial-a-Book occurred to me just like that, literally. I was reading up and researching the book space in India for a few months when it suddenly occurred to me that there’s a huge untapped market segment between retail stores and online bookstores. I myself started doing e-commerce some time last year and I was sure there would be many more like me who’ll take even more time to get there, so why not offer them a service that they can use right now as well.

    Dial-a-Book caters to an interesting set of customers. Our customers range from people who are not yet willing to do e-commerce to people who want their books delivered super fast(in a few hours). This is a unique space which we occupy and we being readers ourselves our passion for books reflects on how we run the business.

  • Where does the organisation stand right now? :) In terms of branding. Sales. And competitors.
    We are about 9 months young and working hard to improve our processes and trying to constantly up our service levels. Branding is not really a priority right now and we’ll be working on it in the coming months. Book market being one of the oldest is a highly competitive market and we are trying to establish a unique position for us so that we don’t have to worry about the competition much. Sales are picking up, we started with a few books/month and we are up to a few hundred books/month now.
  • If you dont give users visuals options to chose from, dont you think you are restricting your revenue stream?
    Guess you are referring to the (non-existing) website here :) Actually if you have a look at our Facebook page (http://facebook.com/dialabook) you’ll realize that a lot of customers actually buy books based on the pictures we upload on our facebook page. Though a website isn’t mandatory in our case because of the nature of our business, we do realize its importance and it’s in the pipeline.
  • How are you planning to scale up?
    We are scaling up as we grow. We used to do deliveries ourselves when we started but now we have a delivery team. We are also exploring tie-up opportunities with courier companies for outside Delhi/NCR orders.
  • What have you done to get those x no. of sales over the past few months? What is your distribution process and how is it different from lets say Flipkart? What if a bigger company like that suddenly introduces pay-on-delivery-order via phone system?
    We’ve been promoting ourselves both online(mostly Social Media) and offline and each medium has helped us in it’s own unique way.Just like online bookstores we maintain an inventory of running titles and source others as per the demand, however unlike them we have our own delivery team that does the deliveries and this gives us the option to offer better and customizable delivery solutions.
    That’s a good question. When we started we had this in mind that if ‘Dial-a-Book’ picks up, people shall try to replicate the same thing and to a certain extent its started to happen with some online stores having a ‘Cash on Delivery’ model but then we were have the first movers advantage and some unique advantages that we enjoy being a startup which won’t be that easy to counter. Am sure the market will see something like this soon and the game will only get more interesting then :)
  • How much do you think has social media benefited you? How have you been measuring the sales your ‘conversations’ and ‘relationships’ on social media give you? Have you tried any other marketing efforts?
    We wouldn’t have been talking like this had it not been for Social Media :) Social Media has been a boon for us, literally. Social Media is core of our business, we spend a lot of time on it and take it very very seriously. When we crunched our numbers a month or so back we found that upto 1/3rd of our orders were from Twitter and Facebook combined, which is huge. Yes, we keep a close on the numbers as well as the quality of conversations/relationships. We monitor conversations and act on them asap. We’ve tried a few offline things like Direct Marketing and some promotional activities.We will be doing more tie-ups, cross promotional campaigns soon.
  • If SM has been successful, do you have any further plans to scale it up? If not, then where do you think is it lacking?
    Once we get a bit big, we’ll have a dedicated resource for Social Media to start with who’ll take things from here and make them bigger, get more engagement and interaction going. You can probably tell us where we are lacking :)
  • Have you seen http://www.shelfari.com/ .. a community based on books. Do you think such a branded community (under your brand name) can work for indian readers?
    Future Plans are to increase revenue without loosing sight of the processes and customer service levels. We have been not that active on Business Development front, but that shall change now and you should more on that soon. Target is to get to selling a few thousand books a month by the end of this year.
  • Any social media tips and best practices that you would like to share with us?
    We’ve been amazed to see the response a tiny brand like us has got on Social Media. Like the other day @kamla asked her followers to recommend her an online bookstore in India and one of her followers from London recommended Dial-a-Book. The interesting thing about this is that she’s not even a customer yet :) Selling doesn’t work in Social Media, Conversation Does.

Conclusions:

Some consistent and hard work on social media seems to be paying off now for Mayank. Though the next step for them now should be reaching more people, and then let them carry forward the viral momentum that he has already built. Maybe some options like mobile commerce or tie-ups with carriers can also be looked into. I have always been bullish on e/m-commerce and Dialabook seems to be standing on the verge of one.

Good luck with everything Mayank!

For the past few weeks, non social-media savvy people (those douche bags, eh?) and even loads of Twitter and Facebook friends of mine have been asking me the same question (not without irritation, mind you)

It’s a difficult one to answer. But if I would like to do so without getting jargon in between, I would say – vanity and social gratifications.

RWW recently did some really cool and detailed thinking on why people are using LBS and here’s the summary of it:

  • Serendipity and Connections
  • For the win
  • As a trvelogue

But I think that the core and basic reason why anyone uses @foursquare is this inbuilt inherent social need of human beings, which require us to proclaim proudly of what we have won in any game. The pride that comes with being popular and cool tech-savvy traveler. The pride of showing prizes and records we have earned in our life. The pride of having our own unique identity (vanity) in this cluttered world. The pride of owning a place, because well if you can’t own it in real life, might as well do it in a virtual world.

And this is social psychology at its basic, which has till now, is currently, and will always remain true till the dusk of time. And it looks as if businesses are starting to make use of this behaviour.

Stop picking on the new kid

I hate it wen people ask me for ROI on social media. I always ask them this, “If I put up a 25 fuckin’ feet banner with strobing lights and loud music coming out of it on Marine Drive for one month, can you tell me the EXACT ROI it gives me?”

That usually does the trick to shut most of them up. Some of them go ahead to explain things like X no. of views and footfalls. And that X is an elusive number you know. No one knows for sure what it is. They just know it’s a lot and it’s more than the no. X from a banner in the middle of the sea! Even this definition is wrong, if you go by the book. ROI is defined as Y amount of money you get back after investing X amount. Not footfalls. Not hits. Not conversations. Hard cash…

Brand managers usually calculate (if some MBA honcho is reading this, please correct me if I am wrong) ROI from different mediums using the no. of users reached. And there in lies the problem. If I reach X no. of users via TV and same X no. of users via Radio, which one  is more influential and will give me more ROI? No one fucking knows. Sure, you can make up some metrics by giving weighted values to each medium i.e. TV carries 2x times more influencing power than Radio and hence will give more ROI (this magic no. 2x either is made out of thin air or via some kinda market research). But lemme make one thing very clear. This is all qualitative.

You need more proof? Take TV for example. TRP’s are calculated by INTAM (Indian Television Audience Measurement), which is the only electronic rating agency functioning in India. And they install something called People Meters in sample TV homes to measure their viewing habits and then extrapolate it to the whole of India. Someone once told me that they install around 5,000 Meters i.e. 5,000 for a total of 63,000,000 total sets in India! Source

Also, check out this article from Amber Naslund which brings up this interesting research:

Number of web pages Google finds for the following phrases:

“direct mail ROI” – 131,000
“email ROI” 55,900
“radio ROI” – 33,200
“TV ROI” – 12,600 (television roi is just 291)
“magazine ROI” – 3,150
“newspaper ROI” – 210
“billboard ROI” – 85

“social media ROI” – 796,000

We suddenly care an awful lot about measuring this new stuff when we haven’t demonstrated nearly the same urgency around measuring the rest of our work (or at least we haven’t been nearly as vocal about it).

Peace out. I rest my case.

I really liked the new Cornetto’s online campaign called ‘Love Ho Jaane De’ in association with MTV India. It’s in essence a user generated contest to leverage the on-ground activities happening via MTV India as the event manager. But I personally loved the portal for a variety of reasons:

  1. It’s not just a basic information portal but acts like a mini community of its own, which is not only scalable but dynamic too.
  2. Users can upload, share and vote on stuff. That’s almost the whole plethora of social interactions that are possible included here. User generated content can be pushed around in the community via a seamless commenting system.
  3. Activity streams for featuring new and featured content.
  4. Taking care of the database via Login / Register functionality, and of course has a Facebook Connect option too.

But there are still some areas where new stuff can be added to make sure user stickiness and brand influence increases. The website gives a chance for users to upload their content, yet does not give any functionalities for telling their stories. And human beings are suckers for telling stories, aren’t we? Check out Gauravonomics article on the importance of story-telling in Social Media Marketing and also Graham Brown’s research on why youth and new media is about giving the audience a chance to tell their story to the brand and other users. Some tips to scale up the engagement and passion at the Cornetto community:

  1. After I upload my content, I need a place to tell the story behind it? Maybe a status update or a detailed description.
  2. I want to connect to other users who share the same passion as me like acting, singing and movie-making. Why not give me a simple forum or discussions thread based activity stream?
  3. The campaign has a Twitter and Facebook presence (obviously), but frankly I don’t think it’s needed here. The Facebook fan page is flooded with content that should have been on this community. Or is either duplicate content.
  4. The app on the Facebook page, just redirects me to the site itself (WTF?)
  5. The Twitter handle again looks as if it’s being done for the sake of impressing the client and offering ’social media solutions’ .. plus the tonality doesn’t even sync in with the brand characteristics.

Update:

I went back to the handle after two days, and surprisingly all the conversations are gone! I guess someone became wiser, or the client didn’t like such a tactic. Sadly, they have just self promoting updates with links back to the site now.

[blackbirdpie url="http://twitter.com/luvhojaanede/status/11752838791"]

Adgully.com recently quoted me on an article on how brands are using Twitter for brand mentions.

Rao, on the other hand, is more of the view to integrate it with the in-house corporate communications team, and not to outsource it to Social Media agencies. “Do not think of it as some new technology that needs to live in silo,” he says.

Twitter should be used for cutting customer support costs, for market research and for Social CRM. It shouldn’t be treated as a marketing tool completely, he reckons.

“Don’t be afraid to listen to negative comments about you. As a brand, worst thing you can do is not listen to the very people who are using your brand,” Rao adds.

You can find the complete article here.

Anandan Pillai, a PhD student at MDI, Gurgaon and a Summer Research Fellow at Superchooha writes on his blog about the new introduction of ‘Like’ buttons by Facebook. leaving behind the ‘Become a fan’ tag.

And he talks about it from a perspective that most of us didn’t see – from a brand’s point of view. And he makes some solid arguments to prove his proposals right.

However, what surprised me was the context of argument, almost everyone argued from the perspective of individual users (read “customers” if you are marketer). Now, this took me aback!!!

I feel, when someone says “I like this”, it doesn’t make bring a kick in me, because I feel ya you might me 1 of other billion odd people who might be liking this. On the contrary, when you say me “I am a fan of Facebook”, this ushers the adrenaline in me and makes my stupid brain think, why the hell this person is fan of some strange animal called “facebook”, what’s so special about it?, and this curiosity leads to search for information about “facebook” (which means receiving new unique visitors), getting acclimatized with it (increasing chances of conversion), and maybe becoming a fan of it too (yeahh that’s my target at the end of the day). Does it sound good (if not great)???? Hit me back if any marketer disagrees to it.

I personally think it was a good move for businesses everywhere, maybe not from a marketing point of view because Facebook definitely wants to expand the radius of its social graph, unless it suffers the fate of Friendster and MySpace. To do that, Facebook needs to become the ubiquitous social identity. The de facto. The omnipresent. Now to do that Facebook needs to enter websites and every online operations. And by killing the more passionate word called ‘fan’ Facebook enters a more neutral ground of ‘liking’ which everyone can live with. And doesn’t mind indulging in.

I can just be interested in something and I can like it. Thus putting it into my social stream and exposing the ‘liked’ content to my friends thus making it go viral. More likes >> More content into social streams >> More hits back to website >> Facebook = happy and Content owner = Happy!

And I have seen this again and again. Brand managers get so fascinated by the phrase ‘My brand has x000 fans on Facebook’ that they start forgetting the real value of the word ‘fan’ .. A fan is a wildly passionate evangelist of your brand who loves it. Revels in it. And tells others proudly about his fandom.

How many fans of a page are actually at that stage? Doesn’t it conclude that most of them just liked your brand anyways and were NOT fans.

Though social media is about getting masses / going viral into a community, the end effort by any strategist should be to find the evangelists, use them to influence entry level users  in doubt and hence convert these to sales leads.

From a B2B perspective

The enterprises don’t usually spend so much in advertising. Their services spread via good WOM and reputation. And what is the first communications channel that comes to your mind when you talk of WOM? Social media of course. And of course using your customers as evangelists is much more common sense when you sell a INR 3 lakhs tractor engine than a INR 300 engine oil.

On a more basic level, whether its B2B or B2C, in the end it boils down to good networking online i.e. showing your human side and helping out; while keeping your reputation and professionalism intact.

Think of this as a conference you might attend where you shake hands with your potential customers. Taking an analogy, in B2B your audience is already very focused, and it’s not a crowd that you need to influence!

One good example of using social media by a B2B enterprise that I can recall:

ArcelorMittal merger. They needed to inform everyone that everything’s cool with the merger and the two different cultured companies will come together and kick ass :) So they came up with a webinar of 15 episodes where employees talked about the merger and meeting people from the other company etc. etc. This gave them millions of eyeballs and hence they gained trust in the eyes of their B2B customers.

I Googled and found out these brands that are using even a very personal community like Facebook to get leads and spread their corporate communications socially:

Salesforce.com

Cisco

To sum it all tactics and execution might differ but social media strategy is always the same for every organisation.

Dos:

  • Start a dynamic blog. Populate with quality content. Make it the one stop destination for everyone interested in that topic. Hence, gain trust and eyeballs >> more leads
  • Linkedin is a very professionals based network and many companies start from there
  • Generate a community to connect your developers (employees) to end users (hardware guys) to collaborate and create solutions.

Do nots

Do not start off by using the ‘coolest’ tool Twitter. I think that Twitter is not really the network for a B2B company. The platform should be LinkedIn. Twitter can also be used but after an intensive research on finding  where exactly your potential customers are [influential CIOs and CTOs)