ROI vs. Engagment: The social media conundrum continues

I can’t tell how many times I’ve written about this, but for me, this topic is the key driving metric in whether a social media campaign is successfull or not.  I had planned on writing about something else this morning and literally had only been reading a few blogs when I came across an interview by Amber Naslund for Marketing Profs in which she interviews Kodak’s Corporate Media Relations Manager Krista Gleason and Chief Blogger Jenny Cisney to find out why their social media program is so valuable to their business, and how they’ve defined success.

It’s an interesting interview but check out this question on ROI. I have to give mad props to Amber for asking the question in the first place, because I think it gets to the heart and soul of social media marketing.

Q: How do you define your “ROI” from involvement with social media? Krista:

 

  • Feedback from readers and customers via the blogs and email
  • Invitations to speak at top-tier conferences, including BlogWorld and BlogHer
  • Links to our blogs from other blogs and online articles
  • Recognition from social media experts, like Mario Sundar and Debbie Weil, and traditional media, like Business Week
  • Awards: Earlier this year Kodak won three awards for our blogs—the PRSA Bronze Anvil, American Business Award (Stevie Award), and an Interactive Media Award

Her answer entails everything that would involve branding and exposure and face time and has nothing to do with making actual money. She is not selling anything. Her ROI is measured, but it’s measured by the interaction. The money aspect takes care of itself in it’s own way, but for Krista, ROI in her world is measured by the quality and depth and reach of her social media engagements.

Some would say that if she’s not making money then there is no ROI. Would you agree with that or disagree? What do you think her efforts have done for the Kodak brand?

*Then, lets end on Ambers post of 6 things she learned from Kodak and look at #6

6. ROI isn’t always about direct revenue.
No, I’m not saying social media shouldn’t HAVE an ROI. But I took notice that, on Kodak’s list of social media ROI, not one of them cited any dollar figures. It’s about building relationships, building your brand, and making people want to learn more about you. These are the things that drive revenue for your company over the long term, even if it’s a meandering path.

The social media echo is viral

David Parmet recently wrote a post that should be required reading for all of us in the social media space, for all of us on the outside looking in and for those of us who want to pretend that we are playing in the space. You see, David wants us to set our sights a bit higher.

He cites Shel Israel’s post about social media becoming a vast wasteland which I won’t go as far to say as being the case, but I can see why he said it. David also mentions Tim O’Reilly’s key note at Web 2.0 expo NYC which I attended, in which O’Reilly muses “And what are the best and the brightest working on?” displaying a slide of the Facebook app SuperPoke, which invites you to, “throw sheep” at your friends. Essentially asking, is this what we have been reduced to?

The point being it’s time for more, we need to stretch our collective muscles amongst the group. I have to agree with David that seeing another “How to with Twitter or another “6 steps to conquer your fear of Friendfeed”, or whatever, is not going to do us any good. Especially when we are essentially talking amongst ourselves. I mean that in the sense that the readers of our blogs, are in general, industry types.

Which essentially means that the social media echo comes right back at us. But then it is spread by other N00bs who want in on the game and thus spread the same thing that we already have heard and already have come to learn. And it comes back to us. We’re seeing a push of info that is the “same-ole, same-ole”. Nothing new, just a push, that is spread virally.

 

So let me ask you.

  • Do you want to repeat what someone else says?
  • Do you have any original thoughts?
  • If you hear someone else talking about the same thing, do you feel the urge to repeat it verbatim?
  • Isn’t it sometimes better to look at something in a completely different way?
  • Are you so boring that you don’t care about formulating your own opinions and thoughts?

Don’t be a me too person. There is way too much under the social media hood here. We need leaders not followers.

The dark side of communities

Much has been written about the positive aspect of communities and what they can do to enrich and enliven customer experiences. Jeremiah Owyang has written extensively about the good and the bad in communities. Specifically, using “the bozo feature” in trying to limit bad apples in communities.  Elsewhere,  Jake Mckee blogs about and knows a little about communites and what it takes for them to run smoothly.

But what happens sometimes is that the inmates can run the asylum. I actually read a comment on Jeremiah’s post that said that communities can be self policing. Branded communites or corporate communites CAN NOT police themselves. They have to have moderators and managers. Why you ask? Well let me share with you an open letter I had received a while back from one of my more popular members who I had to ban because of amongst other things, he was scarring people.

To Marc:

I never threatened anyone on the site, I merely told that person that I would hand deliver ALL of their posts to their home!  THIS IS MY PAGE!  You DO NOT come here and malign me…..you had better wake up and look around.  I am not a person you want to make mad. Maybe your bosses need to see some of the posts you have written to me??? You don’t own this site. We do. I do.

Maybe they need to know just how you ban people from a site for specific reasons, but continue to let two people CONTINUE to break the rules?? Maybe you should look at (Name Withheld) ADVERTISING on the site—clearly against the rules!!  Maybe you should see someone about “PULLING YOUR HEAD OUT OF YOUR ASS!!!!!!!

And for anyone else who reads this, Marc  works for (supplies company name, adrdess, and phone number) They make a good product, they just have lousy employees!!!!!!!

Also, if you would like to contact Marc with suggestions on just HOW to recover his head from his ass, then, by all means, try these…………..(supplies ALL of my contact information, including home address)         

I am sure that he would LOVE to hear from you———ALL OF YOU!!!!!!!  Delete that, Marc and kiss my ass! You don’t want to mess with me. You have been warned.

So this letter, which he posted on his blog and in the forum came after I had essentially told him that he could no longer be a member of the community.  He was able to post under another name and thus everyone would have read this had I allowed for it, or had I not been moderating the site. As it was, it stayed up on his blog for quite awhile.

 

So what would you have done? Would you have been scarred or felt threatened? The good in communities certainly outweighs the bad, but I feel for all the community managers out there who have to deal with this type of personality a lot more than you might think. People need to understand that  online communities, just like in real life, have good people and bad people. The more that users realize that it’s not the wild wild west in these settings, the better off we will all be.

Does social media force us to be interesting?

First off, I have to tell you about a very funny post about The 10 commandments of Facebook that you should read.

Next I was reading another great post on Social Media Today by John Bell about whether Twitter was breeding a lack of authenticity and it pushed me to think about how authentic people are now, or rather how social media has allowed us to be more visible and “out there” and god forbid but I’m going to use a very tired word…”authentic”.

But has the explosion of social networking tools, resources, and outlets, forced some people to try and be interesting? Or forced them to think they have to be more interesting? When they otherwise might not be? Or has it, or does it force us to inflate an average persona into something entirely not us? I think so. I think some people think they have to “be” in order to “be”.

Or… how often is someone forced to be the voice of a corporate brand and asked to be more interesting for the sake of their corporate or personal brand? When in fact…. They otherwise might not be? Or otherwise would choose not to be?

Hey I applaud you for jumping in, but don’t blog or talk, or brag, or bash, or be snarky for the sake of trying to be interesting. We like the real you. We appreciate real people.  It’s why the social net has evolved the way it has. It’s allowed us to learn and share with more people than ever.

 Which begs the next blog post.

Is social media raising the bar of expectation?

Are you ready to become a social media “doer”?

I was reading Joseph Jaffe’s latest post on the Agency of the future in which one of his points was that brand marketers are wanting someone or a company with more experience and knowledge in regards to the digital space.

It struck me that the majority of brand marketers are currently searching for someone who gets it. Or at least for someone who get’s it, until they get it.  Which makes me wonder how many of us out there right now, could take a company where they want to go? Sure we all have an idea, or maybe a clue, at least I hope you do, but how many of you could map out a plan, that works? I’m guessing not as many, which leads me to my main question of how many of you are willing to take the lead instead of languishing in the echo chamber?

 With that being said, here are 5 questions you need to ask yourself:

  • Are you a social media “me too” person?
  • Could you sit down today and map out a social media plan that could garner results either for yourself or a company?
  • What are you doing to become a social media doer or leader?
  • How long are you going to sit on the sidelines?
  • Have you really tried?

Once you answer these questions, see where you’re coming up short and do something about it. You can only read and write about it so much. A great resource for “how to’s” if you need it, is Chris Brogan   But most of all, practice what you preach! Get out of the fishbowl and go do it dammit!

Are we slaves to the rhythm of social media?

I’ve been thinking alot lately how all of us are starting to meld social media into the daily fabric of our lives. For some of us, our daily routine consists of checking in or logging on to various social nets to see if we have anyone who has posted, commented, uploaded, friended or mailed anything directly to us. 

We check our email, and that’s a given. We use our cell phone to surf the net and check mail and that’s a given too. But then in short succession we could log onto Facebook, MySpace, LinkedIn, Friendfeed, WordPress, Ning, Bebo, Orkut, Hi5, Twitter, Plurk, Typepad, Google Reader, Feedburner, and dozens of others to check for new friends, uploads, downloads, new pics, new scoop, new mail, new comments and new widgets.  We then could log onto and read more than our share of random or relevant blogs,  and we even might comment on a couple as well.

Not only might we do this once, but we might do this more than a few times a day depending on the nature of our work. And even more when we get home at night. Which leads to a few questions:

  • Are we slaves to social media?
  • Does social media own us?
  • Are our lives more or less complicated by using social media?
  • Do we get more done thanks to social media?
  • Are we more or less social?

What do you think? What is acceptable? Frankly I try to limit my time into blocks built around the work day and even at home. But I can see where one could spend endless amounts of time building and maintaining social media personas from here to BFE and back. The question is. What is your ultimate plan or goal with social media? As a layperson and as a professional, do you have an end game result in mind? Do you have a plan?

You can’t “do” blogs half fast!

I was reading Paul Chaney’s blog post on Social Media Today this morning in which he thinks that there is a serious reduction on the number of comments flowing into blogs and he’s right. the quality is going down as well as the quantity. Part of the reason is that we now have more ways to access the writers of blog posts. Namely through Twitter, Plurk, Pownce et al.  I basically told Paul “thats great that we can do that, but now our conversations are somewhat muted and shorter”.

Does that mean that blogging is dead or dying? That we need a lesson in blogger ethics? No.

But as I thought about this more and looked at some of my posts and my comments on other blogs. I make a concerted effort to engage others. I’m not sure what the requisite amount of replies or back and forths are required between writer and reader, but I personally think that there is an expected return on the comment expected. Maybe. A requisite expectation if you will. But what I’m starting to see is smuggness and a “I started it, contributed some, and thats sufficient, attitude” starting to permeate some really good blogs. I’m also seeing really nice blogs, with some decent content, and some history, tailing off with posts, and an otherwise obvious downtick in effort.

What this tells me is that, perhaps that blog strategy or the author, have gone in another direction. What this tells me is that you can’t finish what you started. It tells me you are not practicing what you preach. It tells me that if you are a PR or a marketing person, no way in hell am i going to work with you. You started the race and you can’t finish it. You built the frame but you can’t put up the walls, the roof and anything else. You’ve done a half fast job and it shows.

Or maybe just maybe, Twitter is now cutting into our desire to comment?

Or… You’ve written a good blog post but you can’t comment or respond to the people who have made the effort and done the same to your post. I know you can comment via email, or Twitter, and maybe you have, but if we’re to extend the conversations beyond a micro-blogging platform and bring them back to blogs, we need to see that you have a vested interest in your blog post and you’re not posting just for attention or link juice, or extending the conversation privately.

The bottom line is you started it, now finish it with transparency and efficacy. We’re still watching we’re still reading.

What can you do today that can empower your customer using social media?

“What can you do today that can empower your customer using social media”?

I was asked this by someone who works for an Amazon owned company. Their customers in this scenario are B to B but they also have B to C. The question essentially was. How can we get more ROI from our customers utilizing todays social media without going down the path of ” A blog”? What makes the best sense?

You see, their thinking is that everyone is doing the blog thing and in their industry, there is no way it will have legs, so what else is there that we can do? What will work in our space, knowing that we have to have some type of social media element? One of my points was that the B to B consumer might be slower right now to embracing the tools that social media might provide. Whereas, the B to C consumer might be more apt to utilize them. The thinking being that the B to B person is still in education mode and is going to stick to what’s tried and true in regards to traditional forms of marketing.

They seemed to think the same thing. And maybe I’m wrong, given the larger context that social media is being bandied about currently. But what does make sense for each group? Can you roll out a social media campaign for both groups that makes the best sense for both? And is it wrong to think that a blog just won’t work?

What should be the entry point? Krishna De wrote a post back in January on a similar topic, but the problem is, it was written in January. Does it still apply? Social media advances are moving at such a rapid rate that sometimes what made sense 6 months ago, might not be the case now. Jared Goralnick has some thoughts on this too but it’s more of a jumping off point for the person, not the organization who is trying to leverage social media to increase ROI.

Here’s a guest post on the My Creative Team blog site that makes a little bit more sense titled the roi of social media but the whole point is this. As a marketer you can sit across from me and educate me, but then at the end of the day, what are you going to do?  With that being said Mashable has a nice post on 5 things you can do to develop a social media plan for your business.  The list includes

  1. Listen
  2. Prepare
  3. Engage
  4. Go Offline
  5. Measure Success

 

In conclusion: To all the social media marketers out there, this is essentially what you are going to hear from your clients and customers to be when going down the path of social media:

TELL ME WHAT YOU ARE GOING TO DO! and then tell me how it will impact me and how long will it take. See the below chart from Marketing Charts

My Social Media Morning

Here’s the drill and it varies, but I’m curious what you’re social media mornings are like. Let me preface that this particular morning I have a headache from 2 glasses of red wine coupled with my inability to go back to sleep at 4:30 this morning. Thus, you lay in bed and you “fake-sleep” until 6 which at that point you do fall asleep and wake up a half hour later and you’re ultimately tired beyond belief.

  1. Fire up the machine (this particular morning we’re trying  out Google Chrome) While this is occurring I try to read either DM news, electronic retailer or the latest book.
  2. While it’s booting up I’m usually also thinking about a blog post. This morning, I’m thinking of a post in which I can compare bars to social networks-not sure there is something there though. what do you think? We all love to go to our favorite bar but why? What keeps us coming back? The beers and the drinks are no different at another establishment right?
  3. Staring at a product that a potential client gave me yesterday wondering whether it has legs for a social media campaign let alone a marketing campaign. This happens a lot.
  4. I have to put together a marketing matrix for another client in which I Identify the decision makers and their buying habits and then try to tie it back into social media.  In this case, it’s a supply chain software company, wondering aloud if that’s possible?
  5. Knowing we have to do a site redesign for the corporate site, I pull up some photoshop files to stare at the latest iterations. Initial thoughts: It’s not Web 2.0 enough. I’ll talk to the designer later.
  6. Rereading an article by Aaron Kahlow in which he writes about the 5 deadly sins of social media and thinking “I’m reading this after I wrote about social media marketings 7 deadly sins” and after a quick search I realize that there is a lot of sinning going on in social media based on this 7 deadly sin post and half a dozen others. It’s at this point that I think I’m very predictable.
  7. While chewing on that, I pull up Social Media Today, which is an incredible resource and provides lots of talking points on what’s going on in social media and I gravitate to post titled  Social Media, what about the risks? by Amber Naslund. I’d suggest reading it, it brought back some not so fond memories of a rogue social networker who terrorized all of our networks and efforts and made the experience very enriching. NOT!
  8. Thinking that Chrome is ok. For now.
  9. I have to call a recruiter in Chicago about an SMO/SEO strategist position. Not sure what I’m going to tell him, but it’s nice to be wanted. Couple that with the fact I’m in Naples, Florida. Never hurts to listen. right?
  10. Logging into LinkedIn, I like checking it everyday. Periodically, I like to read  the answers section or ask questions. I usually have a request or two to respond to as well since I started a LinkedIn group called the “Digital Response Marketing Group”.  It has a great name and has a world of potential to be developed into something larger, but hey, I gotta eat and sleep. I’m willing to partner on this, so hit me up.
  11. Time to fire up Twitter. I’ve been digging Tweetdeck more than Twhirl of late, but sometimes Tweetdeck just freaks out. yesterday i wasn’t in a very Twitterlike mood.
  12. I have to do a proposal for a client with a business (product) they’re getting ready to launch. I tried to counsel the CEO on the merits of social media and it’s potential. She didn’t want to hear it. She wants a DRTV proposal and that’s it. Ouch.
  13. Starting to read some various tweets.
  14. Need to do some related SEO/SMO stuff for another product we are marketing. Not sexy but needs done. Some people do not realize that social media marketing is hard work.
  15. It’s only 9:36 in the morning and I’m thinking of about 3-4 different social media strategies for  a few of the products that we market. But the problem is, not every user or audience is a perfect fit for social media.
  16. Just decided to scan through Outlook mail. Also opening Hotmail as well. I dread both activities.
  17. Have to talk to a client about creating a blogsite for his skin care line and forthcoming book. I’ll call him later this morning.
  18. Just got an invite email from Signalpatterns.
  19. Going to now fire up Pandora, it helps me work, though I’m worried about them lately. Logging into Facebook too. Thinking I might as well open up Ning. During Gustav I joined a Ning group devoted to the 2008 hurricane season, it is very well done.
  20. Now firing up Google Reader, throughout the day I’ll read over a 150 blogs, or I should say scan, since some don’t update everyday. Though there are a few that are a must read, and I would suggest you create that short list as well. If you want my short list let me know.
  21. Sitting here wondering what the next big thing is going to be in social media. I have my ideas, and to that end my thoughts are that as the number of social sites continues to grow exponentially, our usage habits might become more diluted. We may have to pick a few and leave the rest behind. But if there is a better way to aggregate them, then maybe not. I’m just sayin…
  22. Ok, I’m done with Chrome. it’s dragging too much.

How do you respond to social media technology?

You’re a large corporation, you’re a medium sized business, you’re an entrepreneur with a start up. How would you react to the following situations?

Someone has decided to blog about the poor customer service they have just experienced

Someone had posted a You Tube video portraying your company in a poor light

Someone has created a social network for people that like your company.

Don’t think the above scenarios are occurring or happening? Better think again. And you better have your ducks in a row on how you are going to deal with each of these situations. The last thing you can do is to ignore them. As each day goes by, every person now has the tag of “citizen journalist” and with that title, they can now post, share and spread good, bad, or indifferent news about you and your company. How you deal with it will determine alot about how hip you are to the power of social media and the power of your customers and customers to be.

Case in point #1 Jet Blue does not handle well the person who decides to video an altercation between 2 passengers and then it spirals out of control when the Wall Street Journal picks up on it.

Case in point #2  A blog with numerous examples of corporate failure and success A citizen journalist has documented corporate failure. How did they react?

And Case in point #3 One of social media’s most influential thinkers decides to devote a very large post to this subject.

The bottom line is this. What is your response? How do you respond? How do you act? How do you react? Does anyone know? Who calls the shots in your company on the best way to respond and what is said? How do you and your company respond to some of social media’s and the bloggosphere’s most prolific writers and thinkers when they say something about mistakes that you might have made?

You need to have a plan in place. And you need to be able to move on it quickly. To ignore it, will be your biggest mistake.