Archive for May, 2011

Using One-to-Many Technologies to Create One-to-One Experiences

May 25th, 2011

By David Harkleroad, Chief Marketing Officer at Hay Group

I’m re-reading Neil Rackham’s B2B classic, Major Account Sales Strategy. While written in 1989, it is still remarkably relevant—and he would have included a section on social media had it existed at the time!

Neil asked experienced B2B sales professionals about the hardest part of selling, expecting to hear, “getting a consensus of needs when several different people are involved in the decision” or “getting customers to see that the need is urgent enough to justify action.” Surprisingly, they said, “getting in the door in the first place!” He concluded, “if you’re trying to penetrate a new account, the easiest starting point is to find a receptive individual—somebody who’s prepared to listen.”

To find those receptive individuals, B2B firms traditionally rely on business developers—or, as any Mad Men aficionado knows, the Roger Coopers or Pete Campbells—who leverage relationships, cold call, or, in its modern day equivalent, spam (does anyone ever open those?) to get in the door. As an aside, many B2B business leaders confuse these prospecting activities (a one-to-one activity) with marketing (one-to-many), much to all of our chagrin.

Today, social media, as many thoughtful B2B marketing peers have learned, offers real opportunities for marketing success by, in essence, using one-to-many technologies to create one-to-one experiences. To build those connections takes time, creativity, repetition, and the right content—similar to any other marketing approach. The challenge is tweaking that content to raise brand awareness, and more importantly, to create sales leads and conversations. A few simple, cost-effective ways to experiment:

  • Make it easy for people to opt in to your content. Listen to what your targets have to say, and create content that both supports your marketing objectives and matters to your online audiences. At the same time, think through a clear call to action for every touchpoint you have online. Offer a clear and simple way to connect for additional information, and track those leads.
  • Have a content hub. A blog isn’t realistic for everyone, although that is the ideal. Consider creating a robust microsite as a center for information on a key topic. It’s a nice platform for external audiences but can also effectively rally internal audiences and salespeople. Or, for those without the corporate resources, a social media news release, such as those found at PitchEngine, can house a variety of multimedia content. Whatever the method, offer clear ways to connect or to solicit input.
  • Build relationships with bloggers. As Kevin Briody notes in The Very Basics of Blogger Outreach, you must identify the right bloggers—and get to know them. This is the time to roll up your sleeves, because there is no “easy” list. However, there are some sources that can help point you in the right direction: Alltop, Google Blog Search, and Technorati. Once you identify a few key bloggers, look around their sites for any helpful information on blog rolls or lists they might produce themselves, such as this one, which offers a robust community of management and leadership bloggers.
  • Engage on Twitter. It’s critical to build your followers before you launch a social media campaign. Adam Holden-Bache provides six useful steps to find your B2B audience on Twitter. Listen for a while. Check to see if your LinkedIn connections are on Twitter. Scan for any customers, prospects, key bloggers, and competitors.

At Hay Group, these efforts have already generated one-to-one meetings with organizations we want to do business with. And our consultants report much more receptivity to meeting requests, which is perhaps the most satisfying result, since it increases their confidence to go open some more doors.

What tactics have worked for you? Please share your successes, so we can all learn.

Five Useful Tips on Developing Social Media Conversations with Your Customers

May 11th, 2011

By Kenneth Cossin, Professor at Full Sail University

As marketers, we have heard so much about how social media allows us to rapidly build our brand, get the word out regarding our products and services, target different demographics, and optimize consumer engagement. Yet we need to take social marketing to the next level.

Thus, I pose the question: Is your company simply using social media channels to create an online marketing presence, or is it creating social media conversations with your customers?

For example, as a professor at Full Sail University, my students are my customers. I use many different social media channels to get each student to “buy into” my courses. I develop student engagement, but then I also intentionally develop a professional relationship with each individual student. By doing so, each student gains a sense of personal investment in my courses.

Here are my five tips for creating social media conversations with your customers:

1. Your attention, please! Gaining our customer’s attention is pretty simple for us marketers. It is something that we have been doing since before the days of social media. Thus, continue to bring attention to your brand and develop your brand story through your social media channels.

2. Get your customers to opt in. Remember, everyone loves a good story. Therefore, the better your brand tells your business story, the more customers you will get to opt in. Once you have an engaged consumer, it is imperative that you learn what attracted him/her to your business. Traditional marketing methods of gathering metrics on your customers remain important. And with social media, you can discover why a customer is choosing you.

3. Determine your customers’ individuality. Find unique ways to get your customers to tell you how they found you. What about your customers makes them choose you? How are you fulfilling their unique wants and needs? What incentives do you provide to keep your customers engaged?

4. Focus on conversation. Typically, businesses will ask customers a series of questions through the use of impersonal surveys, questionnaires, or cold calls. At this point, many marketers usually stop. With social media, you cannot stop here. You must follow through and build a personal conversation by leveraging social media in new and unique ways. So what are we to do?

5. Develop interaction. Through the use of social media interaction, periodically make intentional contact with your customers. Remember to treat your customer as you would a good friend. We do things for our friends because we care about them; thus, demonstrate to your customers who connect with you through social media that you care about them. Communicate with them. Give them the service they deserve: prompt responses, incentives, and other cool offers. You will receive in return the continued trust and loyalty you need and desire to grow your business.