Archive for the ‘Retail’ Category

Bridging the Digital Gap with SnapTags

By Jeffrey Hayzlett, author of Running the Gauntlet: Essential Business Lessons to Lead, Drive Change, and Grow Profits

If you are a marketer, I can almost guarantee that one of your goals for 2012 is to figure out your mobile strategy. You’re not alone. Everyone is talking mobile, but very few have figured out how to integrate a mobile strategy into an existing marketing plan. I found an answer to this dilemma, and it’s called “SnapTags.”

SnapTags are similar to QR codes but way sexier, offering more options for the user and a wider reach (SnapTags have capabilities on 88% of mobile phones, compared to 13% with QR codes). I’m encouraging marketers to integrate SnapTags into all their existing marketing campaigns. It’s a low-cost solution that bridges the gap between your physical marketing campaigns and your mobile and digital marketing goals.

In my case, I’m using SnapTags in my new book, Running the Gauntlet: Essential Business Lessons to Lead, Drive Change, and Grow Profits. Readers can “snap” a SnapTag at the beginning of each of the 37 chapters to view the video that accompanies each section of the book. This creates a more personal connection with my readers, as they get to see and hear me introduce each chapter on their mobile phones! Plus—and this is the best part—the reader is provided with links to my Facebook and Twitter pages each time they “snap.” I’m bridging the gap between the physical book and the digital relationship I’m building with my readers through social media.

The advantage of this strategy is that your brand can create more than a simple piece of print media. SnapTags enhance simple print media to:

  • Forge a digital connection across social networks
  • Drive new customers through your digital sales funnel
  • Create a point of purchase through virtually any placement

Some of the largest brands in the world are already using SnapTags, like Bud Light and Coca-Cola. Most recently, SnapTags were deployed in the September issue of Glamour magazine, being featured on the cover and across both editorial and advertising pages. This campaign netted Glamour more than 100,000 consumer activations and more than 500,000 consumer interactions (includes scanning the codes with an app, texting a picture message, taking subsequent actions such as agreeing to “like” an advertiser or article, signing up for the deal or sweepstakes being offered, or sharing the offer with friends).

Mark my words—in 2012, mobile integration will play a critical role in your overall marketing plan. The key to bridging the gap between your traditional and digital marketing campaigns is the mobile device. SnapTags Founder and CEO, Nicole Skogg says, “In 2012, you will see shopping SnapTags create a new way for consumers to buy whenever and wherever they encounter a brand message. Anticipate seeing SnapTags in some transformative brand marketing campaigns.”

I’ve already integrated SnapTags into my big marketing campaign for 2012. Have you?

Social Media: Still a Mystery to Most Small Businesses

By Amy Howell, CEO of Howell Marketing Strategies

Not a day goes by that someone doesn’t ask me about social media for business. LinkedIn, Facebook, and Twitter are all new media tools that can help bolster your Internet or digital “footprint.”

You can read all about how social media is ramping up the conversation by doing a simple Google search. But the more important question small business owners want answered is how to use social media to boost sales and get the phone ringing. I call it “turning on the water faucet.” Social media for businesses should mean one thing: free tools that can strengthen your organization’s SEO (search engine optimization), help get your message out, and engage with customers and prospects.

Now these tools may be free, but the time you must spend executing the work can be extensive. A lot of writers just re-hash what’s already been written, so what I find most helpful is to share what we help clients do in the trenches every day. Below are the main barriers to using social media and why it remains a mystery, followed by how to get started and what to do first.

The barriers for most small businesses using social media are:

  • Time and education: It takes time to read and learn about the ever-changing, growing tools online, and most business owners don’t have extra time to devote to this. I hear it every day, and as a small business owner myself, I certainly understand this constraint. Small businesses have limited resources and must focus on revenue development and all that comes with running a business. Social media can help a small business tremendously, but most owners have not had time to get up to speed.
  • Lack of resources: It takes a dedicated effort to employ social media tools. Most companies can hire help, but many simply don’t have the extra resources to do so.
  • Reluctance to embrace new media: A lot of people are just flat out skeptical of social media. There are legitimate reasons to ignore it, especially if you are in a regulated industry (banking, insurance, finance, etc.), as some governing entities such as the SEC have policies against any use of social media for work. I think that will change soon, as I’m already seeing some large organizations issue new policies on social media use.
  • Generational: Most people would be surprised to know that the average age of a Twitter user is between 40 and 55. Age isn’t an excuse to avoid social tools, but it is often an explanation.

How to get started if you want to add a social media strategy to your marketing toolkit:

  • Read, read, read. There are some excellent blogs (like this one) and other resources online that can tell you all you need to know. There is no “magic wand” that will do this for you. If you really want to jump in, you have to do the reading yourself. You can hire it out of course, but the ideal results spring from the business understanding social media and embracing it, even if it means only monitoring at first. Let’s take the Judy McLellan Team for example (@JudyMacTeam on Twitter). Judy hired my firm to help with a real estate marketing and PR strategy that included the use of social tools. At first, we did some of the tweeting and posting. But now, you can find Judy out selling homes while using her iPad and iPhone to tweet and spread information about her listings.
  • Pick one tool and learn that first. For me, it’s Twitter. Once I understood Twitter, I moved on to learning about some other tools. I think by mastering one tool, small businesses can see results faster. Let’s take Cheffie’s Cafe (@Cheffies on Twitter) as the next example. We helped Cheffie’s Cafe spread the word by using Twitter, along with traditional PR during the previous few months. A good Twitter strategy is key to a successful PR campaign.
  • Look at what your competition is doing. Get online and do a little research to see what your competition is up to in the social space. Let’s take OrthoMemphis, a successful orthopaedic practice in Memphis that adopted social media long before its competition did. We have helped OrthoMemphis (@OrthoMemphis on Twitter) use social media tools to not only market their sub-specialists (knee, hips, and shoulders), but also to launch OrthoStat, its acute care walk-in clinic. Combined with direct mail, PR, and patient communications, Twitter and Facebook have been tremendously helpful.
  • Get a social media policy in place and communicate it to your organization. There are some great examples online and free resources available. I suggest any small business that wants to use social media tools have a policy in place just like a media policy. Talking online is like talking in the newspaper, and it’s important to have a strategy and know the dos and don’ts of posting online. Good examples are Coca-Cola, Kodak, and Intel. (A list of these can be found on my blog.)

The smaller the organization (or flatter), the easier it is to employ social media. Even though they may have more resources, larger companies are often more bureaucratic and have more red tape. Larger companies are also usually slower to “get it,” and we have found that companies without all the red tape can move faster and are often more decisive. Social media gives the little guys a leg up and is a great way to have a big voice online.

Nordstrom Does Twitter Right

By David Meerman Scott, Author of The New Rules of Marketing and PR: How to Use News Releases, Blogs, Podcasting, Viral Marketing, and Online Media to Reach Buyers Directly

The other morning, I popped over to my local Nordstrom store to check out what’s new for spring. Dave Angiulo helped me choose some styling shirts that I can wear with my blue Peter Millar suit.

As we were heading to the cash register, Dave asked me if I was on Twitter. It was a very low-key, casual question. It did not feel pushy in any way. “Absolutely,” I said. “Are you?” He gave me his business card, which included his Twitter handle: @NordstromDave. Damn. I wanted to learn more.

Dave said he uses Twitter to keep his customers informed. He tweets photos of clothes he likes. Sometimes he comments on what’s happening, like this tweet on the Academy Awards: “I think my vote goes to Colin Firth for best dressed last night… or maybe Tom Hanks. Just proves again that you can’t go wrong with a classic look.”

Dave also told me that he has a bunch of clients who he sends direct messages to. He knows their tastes in clothing, and when something new comes in, he informs them, privately, right away. This real-time effort frequently generates immediate sales, as Dave already has his customers’ sizes and payment information, and he ships the items right out. Brilliant.

As I was checking out his Twitter feed upon returning to my office, I found myself fascinated by a video that Dave pointed to about Ex-Girlfriend jeans. Dave’s not too fond of them. Can’t say I blame him. His tweet read, “Not sure I’m up on this skinny jeans for men thing… slim, straight is okay, but “jeggings” for men? Video from @GMA: http://abcn.ws/idsVn2.” Others jumped into the Twitter discussion.

This is how you use Twitter at work!

In a corporate environment where many companies fear letting employees use social networking, Nordstrom is doing it right. Yes, there is a corporate @Nordstrom Twitter account, but Dave’s personal touch is a fantastic way to use Twitter for business, pushing the interaction down to people who work directly with customers.

To be sure, this is Dave’s initiative. He’s making it happen. But the effort is fully supported by Nordstrom. Dave has access to computers and iPads at work to tweet, and he usually uses his personal iPhone for the photos.

I’ll DM @NordstromDave the next time I need something. I want to make sure he’s there before I go in.

How Social Networks Help Us Choose

By Berenice Ring, Professor at Fundação Getulio Vargas

Have you noticed how many decisions we need to make nowadays and the amount of details involved in each one? Surely life was much easier in the early 20th century, when consumer staples were sold in bulk and housewives had their goods chosen for them by the shopkeeper, whom they relied on and trusted.

If you wanted to buy a car in 1915, the choice was quite simple. The only automaker was Ford—who had introduced the assembly line—and the options boiled down to one model, the Model T. In 1987, Brazilian consumers could choose automobiles from six makers: Ford, Volkswagen, Fiat, GM, Gurgel, and Toyota. By 2008, 36 car manufacturers offered their vehicles, exponentially increasing our options.

A 1991 supermarket offered 15,000 items; today, in the same store, we find almost 50,000—including 100 types of yogurt and 200 models of mobile phones!

However, abundance of choices does not necessarily mean better decisions. As psychologist and professor Barry Schwartz points out in his wonderful book, The Paradox of Choice, the huge amount of options adds excessive strain to the decision-making process, causing exhaustion and discouragement. Furthermore, making one choice means relinquishing all other options, so that your preferred alternative seems less appealing and even elicits a sense of loss.

Until recently, people counteracted this frustration by consulting other people they trusted. But today, our world has become an ocean of information. For instance, if you’re planning a honeymoon trip to New York City, sites like TripAdvisor will provide complete information on virtually every hotel in the city. For example, if you decide to spend your hard-earned money on a wedding night at The Pierre, the famous hotel featured in several movies, you can read online comments by the site’s user community, ranging from “Great hotel!” to “Disappointing.” It is a huge benefit to get recommendations not only from your travel agent but from people who have stayed there recently. And upon your return, if you invite friends over for dinner, you can visit Epicurious on Facebook to find recipes, or you can search Twitter using the hashtag #recipes to find plentiful tips from users.

Some brands have grasped this new trend and offer their customers a dedicated section for comments and criticism, such as My Kmart and MySears Community. Other sites were specifically founded upon this trend, such as byMK and Polyvore, which allow users to express themselves.

The penetration of social networks today is amazing. A recent survey shows that 90% of respondents know at least one—and on average, four—social network websites. Facebook is the best example, of course, with more than 500 million users and countless communities. And if you want to find customer reviews of New York restaurants, the American site Yelp lists 12,000-plus establishments—not to mention more than 7,000 stores—along with user reviews of dentists, architects, and even surgeons.

As a Nielsen study confirms, “Recommendations by personal acquaintances and opinions posted by consumers online are the most trusted forms of advertising globally.” The study of 25,000 Internet consumers in 50 countries shows that nine in ten people trust recommendations of people they know, and seven in ten trust online recommendations from strangers.

In this scenario, a good social media strategy can do wonders for a brand in terms engaging its audiences. Can the brand help consumers make better choices or play the role of an early 20th century “shopkeeper” whom its customers trust and rely on? Are brands making the best of this tremendous opportunity?

“Mocial” Marketing: 10 Things You Need to Know

By Steve Jarrett, Chief Executive Officer of MePlease

To help retailers seize the opportunity afforded by mobile marketing and social networking—or “mocial” marketing—we have come up with the top 10 tips that we believe need to be worked through to position your brand effectively for your new generation of customers.

1. Mobile marketing goes way beyond text. The first tip is that mobile and social media are meshing, and so should you. There is tremendous power in the integration of social networking and mobile, and we think this marketing sweet spot is the place to be.

2. Why mobile matters—stats don’t lie. A recent study showed that UK consumers send 11 million text messages per hour (MDA Report, 2009). Text usage remains dominant. Facebook’s 500 million customers follow at least one brand or company, while at the same time, nearly 50% of Twitter’s 190 million unique users do exactly the same (ExactTarget Research). A Harris Interactive poll recently showed that of consumers who received some form of permission-based text marketing from a company, 34% said the messages have made them more likely to visit the venue and 27% more likely to make a purchase.

3. In search of the holy grail. Moving from one-to-many to one-to-one communication is the holy grail of marketing.

4. Reach everyone (not just smartphone users). iPhone apps are this season’s must have. Or are they? Focusing on just mobile applications for certain devices like iPhone or Android smartphones automatically pushes you into a corner and limits a retailer’s ability to reach its target market.

5. Voucher promiscuity—how to discourage it. There’s a number of high-profile companies—such as Groupon and Vouchercloud—that are driving high-volume customer acquisition. Don’t get it wrong—new customer acquisition is good, but only if a significant number of those customers visit your business again.

6. Mocial is the new buzzword. Many people think of mobile marketing as a 160-character version of e-mail. Wrong! The very nature of mobile marketing offers retailers the opportunity to reach people at key decision-making moments of the day.

7. Make mobile social marketing cost effective. We think the trend is moving away from one-off mobile marketing campaigns (which can be costly) toward mobile marketing platforms that let any business engage with opted-in customers. Look for companies that offer you long-term value and social media integration.

8. Trust. Seek mobile and social networking partners that have strict privacy policies and will not pass on customer information or send out spam messages just to drive their own short-term revenue.

9. Set goals early. Before even approaching a mobile marketing service provider or platform, be sure to outline the key goals for your mocial strategy. Whether it is to gain more loyal customers, influence their friends, or just get more people into your shop, make your objectives clear to the provider. If they cannot tell you explicitly how they intend to help you to accomplish these goals, keep looking.

10. Don’t wait. Start now. Carpe diem! Those Romans knew a thing or two about communication…

The Perfect Bundle: A Netbook and an Aspirin

By Jeff Hasen, Chief Marketing Officer at Hipcricket

I’ve always thought that a drugstore was a place to treat a headache, not to receive one. But we’re in dangerous territory these days. No, not the kind of danger where your wife or girlfriend asks you to pick up a feminine product that will be in your hand just when your buddy—armed with a mobile device and Twitter and Facebook feeds—is in line for his daily dose of beef jerky.

Consumer electronics have found a home at CVS between the deodorant and Pepto Bismol. How convenient, you say? How crazy, I say.

Why? It’s illogical to ask the consumer, or heaven forbid, the stockboy to be informed about consumer electronics products being introduced virtually every hour in the era of technology on steroids.

CVS began selling a $99 Sylvania netbook computer over the Labor Day weekend and quickly sold out in many locations, according to news accounts. It features a seven-inch display, 128 MB of internal memory, and 2 GB of NAND Flash. The computer runs Internet Explorer on Windows CE 6.0. How wonderful.

If you walked down the street or into your local CVS store (otherwise known as your consumer electronics destination of choice), do you think more than three in 100 could tell you the benefits and downside of 128 MB of memory and 2 GB of NAND Flash? What the heck is NAND Flash anyway? None of your Facebook or Twitter followers can help here.

Consumers were driven to CVS by Sunday circulars that proclaimed the “New Netbook… Wow! $99.99.” InformationWeek reported that “several users said they hoped to find a way to eventually download some Android apps to the netbook.” If you are going to hold your breath for this one, please consult the pharmacist. Other users said they bought the netbook for their children, while still others said they would give the machines as holiday presents. Shouldn’t this treatment of children be reviewed by the authorities?

The netbook can’t run Microsoft Office 2007 but gives lucky buyers WordPad, DocViewer, XLSViewer, and PDFViewer. Not to mention the headache that can be treated by CVS’ aspirin. Which brings us to the consumer electronics stores.

Whole new categories and operating systems are—or soon will be—for sale. Tablets are being offered that promise an iPad-like experience for a fraction of the cost. Smartphones are so plentiful that you have to wonder if every device can be that smart.

The better retail experiences will feature informed, patient salespeople educating the eager and uninformed. They will deliver on the “moments of trust” for the store and manufacturer. But that will likely be the exception, given staffing levels and the near impossible task of having anyone keep up with all the products and services that the tech world is introducing.

You’ll be hearing all about the pain on Twitter, Facebook, and a blog near you. It’s fortunate that aspirin is as mobile as the netbook and smartphone.

By Invitation Only: Letting Your Customers in Behind the Velvet Rope

By Tom Quinn, Chief Revenue Officer at Passenger

“Invitation only.” “Private.” “Exclusive.” “VIP.” These words hold significant power in the marketing world. Nightclubs make their living off this allure; the retail world has been revolutionized by the success of invitation-only sites like Gilt Groupe and vente-privee.com. Although often a mirage (an invitation to a private sale club is often as simple as entering your e-mail), the allure of exclusivity has a profound effect on consumer behavior. Mainstream brands have taken notice and are incorporating this into their marketing strategies.

The Web offers exponential consumer touchpoints, making it easier to regularly engage with customers. The common online marketing approach has been bigger is better—many use public social networks or develop branded public communities in hopes of acquiring new fans. You can reach a large audience, and the interaction is completely open, making it easy to see how consumers are reacting to your brand/product/service.

From a loyalty and advocacy perspective, however, public initiatives can feel less personal and participants less “special,” as everyone can see what you are offering or asking. Competitors could be monitoring your community, so you have to watch what you reveal. Attempts at a personal brand connection through public social networks can also go horribly wrong: consumers can instantly amplify positive and negative experiences. Many brands struggle to create authentic intimacy without losing the scale and reach necessary to compete in the mass market.

A different approach is to focus in on your most loyal and vocal customers by establishing genuine dialogue in a private setting. Ask consumers to participate in an invitation-only online community to help shape the brand, services, and products they care about. This personal invitation gets them in the door; you can then foster the “velvet rope” feeling by sharing exclusive content and involving them in the creation process.

There is no better tool for creating intimacy than demonstrating that you are listening. Bring them into the product development process, solicit input on a new ad campaign, or ask what types of perks they might like as part of a rewards program. Then show them how their input is being incorporated. Reward their loyalty and enthusiasm with access to insider information, special brand experiences, or online “credit.”

Most companies find that a majority of their business often comes from a disproportionately small percentage of loyal customers. With this in mind, it makes perfect sense to start small and build real, tangible relationships with your inner circle of fans. In addition to fostering loyalty, this inspires those behind the velvet rope to broadcast your messages publicly.

A well-run community takes engaged members and turns them into ambassadors—driving interest around offline events and building buzz around the community and brand. This is something a Facebook and Twitter presence can rarely accomplish because the level of engagement is not as high. Treating your customers as VIPs and giving them exclusive access to your brand and the decision makers that shape it can drive unprecedented levels of brand loyalty and advocacy.