Tuesday, July 28, 2009

What are some of the benefits to Social Media Marketing and some of the steps you have to take

Three steps to marketing using Social media

I think firstly there are different horses for different courses.
An existing company with a long standing established brand,new
to the online space would need to approach it slightly differently
from a new company launching a product online... so different
strategies would need to be implemented, but at the end of the
day it comes down to getting educated

1) Established businesses need to listen first. They may have a
completely different idea of what their brand is than their customer
base. Mini for example thought hey were selling a neat little run
around that was cheap to run and easy to park. They spent millions
trying to compete in the new car market place.

After they listened to the bogs, tweets and forums they discovered
that Mini owners see themselves as members of an elite community
that belongs together they are far more likely to recommend the
car to their friends and family... a customer community who would
evangelize to the masses.

They decided to move their marketing investment to an online strategy
to target mini owners rather than the general prospective car buyers
engaging mini owner groups. They ran mini owners rallies and then
populated the photos from the events through flickr across blogs and
sharing platform to the public in general as well as the owners
building a real Buzz.


2) Next having found your customers... engage in conversation with
them. Start a company blog and twitter account inviting customers
and staff to comment, and learn from them. Some of the greatest
innovations in our society today have been born from the public’s
feedback on problems they need solution to “I wish it could do
this too!”. Nike or was it Adidas ? found out about a problem
with the glue on a batch of training shoes from comments online.
It immediately sent a notice offering an exchange before it became
a problem.
You obviously need to assign a staff member to do this type of work
for you...to maintain blogs and watch whats happening... they will
need to be highly trained in all types and facets of Social Media
... where do you even find someone like that?

3) Once you are talking to your customers through you company blogs
and updating them of new posts through twitter or face book (where
you can also build a business page) you can start to feed out new
products , specials promotions using fun engaging videos that they
will want to share with their friends.. they may even go viral
like the "Blendtec’s" video where they blended an " I Phone" then
engaged their audience to suggest what they should blend next !
These videos lead back to your bogs company websites or specific
sales funnel for the particular campaign you are running.




So those three short steps again .....

Get educated.... on how to listen, participate and engage you
costumers or prospects to becoming your own sales force the sales
force driven by word of mouth, referrals and testimonials

Get educated... Find a Mentor, someone who understands this space
and hang onto their coat tails …. But hang on tight cos this ride
into the Social Media space is moving at a thousand miles an hour
and it takes effort and commitment to stay on top of it... if you
do you will surely reap the rewards.

Get educated … find a course (as mentioned above) that is
structured, manageable and with measurable results, do it yourself
so you understand it and then put your entire marketing department
through it so your whole team can participate in maintaining your
Brand identity and be part of the ongoing conversation that is
Social Media.

The story so far !

With the online world changing how each and every one of us eat, communicate, socialize and do business there comes a time when you have to get off the side lines and join in ... or get left out in the cold. Businesses who ask me... Should I worry about this Social Media thing? ...my answer is clear .. well your customers do.... so YES ... it might be a good idea!

The struggle is finding where to start . There are so many platforms, widgets, applications, Social networks, Blogs and websites ... where do you start and who do you listen to?

Well I have been listening to a chap named "Simon Ford" and what he has taught me in a matter of months has opened up my eyes to the immense possibilities there are online to not only to market your products but analyse what people are saying about you and your brand. Then to meet these people and engage in conversations with them. Imagine that.... talking to your customers ! Something that seems to have gone by the wayside with all he online "BUY HERE" and recorded messages, when you try to phone anyone.

Social Media is about building relationships with your existing customers and engaging new ones through giving value to questions they have and then offering them solutions . You can no longer sell to the general public, but they still want to buy! They decide what your brand represents and what value it has to them .. and guess what .. they talk to eachother !

If yo want to be part of that conversation it is time to learn how to get engaged with Social Media and steer your online credibility in the direction you desire your brand image to go... you may even discover a whole lot of new posablillaties .. just by listening.