Marketing’s New Frontier: The Facebook Stream

Image representing Facebook as depicted in Cru...
Image via CrunchBase

I first heard the idea of Stream Marketing in this AdAge article, where the author explored how brands were marketing with Facebook status updates. The article looked at Oreo and other big brands who had figured out that the mundane updates were the ones that got the most engagement. And, by virtue of the Facebook social graph, also the most exposure and attention for the brand on the social network. Stream marketing is the practice of optimizing your outgoing status updates to get the most engagement (and therefore reach) with each one. It’s about being intentional in the stream, and cultivating your brand persona with well timed, and executed updates. As a social marketer, it’s imperative that you go beyond the network-presence level of social marketing, and get down into the front lines, update by update, to maximize the brand’s presence in the stream.

Stream marketing is the next frontier of online marketing. Many people and companies talk about using social marketing; but how many are actively thinking, planning and optimizing their stream marketing? It’s a huge, open field with few boundaries and rules for the road; and lots of debate about what is, and isn’t good marketing in the stream. But what does it really look like? Let’s look at that AdAge article:

As it turns out, many people in social networks don’t want to talk about your product, they just want to talk. We’ve long known that inserting brands into social-media channels requires a conversational touch, but many are surprised by just how conversational. There’s increasing evidence that the most-effective kinds of marketing communications on these websites are simple, random, even banal statements or questions driven by the calendar or the whim of a writer that may not have anything to do with the brand in question.

What are you doing this weekend? What is your ideal vacation? What’s your favorite movie or book? On Veteran’s Day, BlackBerry posted a simple holiday-related message that received nearly 8,000 likes and more than 500 comments, many of which consisted of veterans thanking the brand and posting their PINs, allowing others to contact them via BlackBerry messenger. Reaction to that update far outpaced other recent ones concerned with products or tips.

The key here is the conversational element. Being able to create a dialog around your brand or product is what drives the spread of your brand through Facebook’s social graph. Facebook’s algorithm, called EdgeRank, uses the number of comments, likes and shares of an item to determine what bubbles up to the user’s Top News feed – the default view of the News Feed for most of Facebook’s 500+ million members. Items with many comments and likes get seen by more people, driving the virtuous cycle of the viral spread of the message to your fans’ friends, and so on. Without any engagement those status updates just fly by, in a river of noise, unnoticed.

Facebook knows that brands and marketers are paying attention to their stream marketing efforts, and have started adding some rudimentary, yet valuable, stats underneath status updates visible only to the page administrators. Now with each status update you can see the number of impressions received by the status update as well as the percent feedback received for each of these posts. Now marketers can start to really see what is connecting with their fan base, and not just throw stuff against the wall to see what sticks.

The impressions number is important because it’s representative of the number of how effective that message was at propagating through the social graph of users. Getting content into that Top News feed is the best way to reach people on the network, and so the number of impressions can be used as a proxy for how effective that update was at achieving that goal. The feedback is a critical number for obvious reasons. The higher the feedback, the more engaged the users are with the brand around that update. You get all sorts of benefits from that. You have more awareness, you can drive action that’s tied to a KPI, you may get more affinity/loyalty, and you also get the Edge Rank boost as mentioned above, driving that status update into the Top News feeds of your fans’ friends and creating the opportunity to gain new fans, and build greater awareness with people not already connected to the brand on Facebook.

The status data from Facebook isn’t real time, but it is fast enough to let you make some smart decisions very quickly. For example, looking at a recent client’s feed, we realized that their fan base was very engaged around Mad Lib-type, fill-in-the-blank status updates. In fact, they were performing at 4-to-1 compared to other updates. So we made a recommendation to mix more of those types of updates into the stream. The result has been more engagement around more status items, which is exactly the goal. Of course, we also cautioned them not to overdo it, as you don’t want to exhaust a fun outlet for fans; but it was a way that they could shift their stream marketing ever so slightly to get better results.

Stream marketing requires a mix of planning and thought combined with the ability to rapidly respond and shift based on what’s working and what isn’t, all while keeping with the brand voice and persona. With such a fast-moving environment it’s easy to get off brand in a hurry, so it’s important that the people managing your stream understand the brand voice to the core and have a working playbook of ideas, themes and do’s/don’ts that keep them on brand in this fast-paced environment.

It is the evolution of marketing from editorial calendars to playbooks. Let me use a football analogy here. In most football games, a team has its first 15 or so plays scripted. That is, right out the gate, no matter what, they’re going to run 15 plays and see what happens. These are based on their best research and planning, and allow them to test their theories about the opponent, etc. This is very much like a standard editorial calendar. Here are the items we’re going to go to market with, because based on what we know we think they’ll get the best response. But after those 15 plays are done, it’s time to go to the playbook adn call plays based on the response of the opponent.

The same is true in stream marketing. You can start with a strategy and an approach, and you can even stick to it at the start; but then you need to start adjusting and responding to what is and isn’t working if you’re going to have success connecting with fans on Facebook. And much like a football team, marketers, copywriters and community managers can call a play, but whoever is driving the feed activity is the Quarterback, and they need to be able to audible into other plays and strategies based on how their fans respond. From the AdAge article:

“When you have ad agencies or copywriters writing your Facebook copy, it ends up being promotional in nature and if you’re not inspiring feedback no one’s going to care,” said Sarah Hofstetter, senior VP-emerging media and brand strategy at 360i. “You can only talk about your product so much. Balance that with you’re not trying to be their best friend, you’re trying to achieve some marketing objective.”

So how can you be effective at stream marketing? Here are a few tips:

  • Create a strategy and approach to stream marketing that fits with your brand and brand voice
  • Create a rules of engagement document that outlines what is an isn’t on brand for status updates
  • Set a soft editorial calendar for the first handful of status updates to learn what does and doesn’t resonate with your audience
  • Create engagement opportunities by asking questions and using fill in the blank statements
  • Use the stream insights provided by Facebook under each item to see what works and what doesn’t work, and refine accordingly
  • Create a playbook of ideas for conversation starters and status updates that your community manager can go to at any time to engage the fan base
  • As with any online marketing effort: test, learn, refine, test, learn, refine, repeat ad infinitum.

By effectively marketing in stream you can “inspire feedback” driving the virtuous cycle of extended reach across the network, leading to better results and greater return for your Facebook investment.

Altimeter Research: Social Media Strategists Risk Being Glorified Help Desk Support Without Proper Approach

Jeremiah Owyang and Altimeter released a report on the Career Path of the Corporate Social Strategist.  It’s embedded below.  As a director of social media I can tell you that it is imperative that you get out from under HootSuite and the responsive customer service role and get into the strategic planning and product roadmap.  You can’t be anything more than social media help desk support unless you are able to get out of the day-to-day and push integration between product, digital marketing and CRM.

Report: Career Path of the Corporate Social Strategist: Be Proactive or Become Social Media Help Desk.

How To: Model Social Media Sales Conversions

Getting people from engaging with you on Facebook to buying your product can be a tough gap to close.  This Search Engine Watch article provides a good overview on how gaining multiple commitments and conversions from potential customers on social networks can be used to predict and drive sales.

For larger sales that require more due diligence and thought from buyers these multi-step conversions are a great way to move engagement from social media to more traditional marketing conversion, such as landing page optimization, drip marketing and CRM.

In most cases, it’s unlikely that you’re going to drive a large volume of direct online sales from social media, so you need to understand the micro conversions that take place, which eventually may turn into a sale. These may include downloading a white paper, attending a webinar, or utilizing a free trial offer. Your model should be able to tell you how many of these micro conversions are needed in order to reach your online sales goals.

social media funnel

Image via Building a Social Media Predictive Model – Search Engine Watch (SEW).

Boost Your SEO with Social Media

Leveraging social media for SEO purposes was a hot topic of conversation at last week’s Pubcon conference in Las Vegas.  And this latest eMarketer report confirms it.  71% of respondents are using social to improve search.

Nearly 71% of respondents said they use social media as part of their SEO strategy. Social media marketing can be an excellent driver of content visibility, by helping to keep content fresh and abundant, and also by increasing the number of inbound links a site receives.

Social isn’t just about connecting with existing customers.  Google and other search engines love blog content, and sharing on Twitter and other sites can build valuable inbound links that give your content the juice they need to get to the top of the search engine results pages.

When you’re using social media for business think about what you want to be ranked for in Google and sculpt your blog content and sharing around those goals.  Look at the top trafficked keywords in your industry by using the keyword suggestion tool, WordTracker and Google Suggest.

Then create things like infographics, videos and compelling blog content will create the natural links that Google loves, helping you reach new customers who are searching on Google.

Here’s what other SEOs are up to, trying to improve search.

SEO activities

via Search Marketers Tap Social to Boost SEO – eMarketer.

Join Me at the OC Register’s Social Media Day

I have the pleasure of joining a ton of talented folks for a presentation for Social Media Day on June 30th, hosted by the Orange County Register.  Come out and join us, have some great food and learn a thing or two about how you can put social media to work for you.  I know I’m excited to learn a few things.

Check out the full post for the schedule.  I’ll be speaking on “Leveraging Online Video.”  From the OC Register’s site:

You may also want to take part in a new summertime tradition taking shape on Wednesday, June 30: Social Media Day. Mashable, which covers social media trends and innovation, is initiating nearly 450 group discussions or “meetups” in 74 different countries, including one right here in Santa Ana, to celebrate the many ways our world is becoming more social.

The Orange County Register has invited some of OC’s foremost social media experts to speak at a meetup during the first-ever Social Media Day (June 30) at its headquarters, 625 N. Grand Avenue in Santa Ana,  from 3 p.m. to 6 p.m. If you are utilizing social networking to connect yourself or your business with communities of interest, you won’t want to miss this event. The event is free and open to the public.

via The Register to host June 30 event celebrating Social Media Day.

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Sandberg is Right: Email is Going Away

Facebook’s Sheryl Sandberg created quite the stir last week when she said that “email is probably going away,” and the results of this new study seem to suggest that she’s right.  What does this mean for marketers? I think it means that while it’s important to build and grow email databases and have a solid email marketing strategy that the time is now to begin to build other, permission-based marketing assets like Facebook fans, opted-in mobile subscribers, Twitter followers and YouTube subscribers.

The online audience and communication channel will continue to fragment – the saavy marketers recognize this and realize that one communication medium won’t be enough – especially when trying to reach the Millenials.

via Study: College students adopt texting, shun e-mail – chicagotribune.com:

A new Ball State University study says text messaging has far eclipsed e-mail and instant messaging as college students’ favored way of staying in touch.

The findings show that 97 percent of students now send and receive text messages, while only about a quarter of them use e-mail or instant messaging.

Here’s Sandberg explaining why email is probably going away:

Read More:

Image via VentureBeat.

Putting Social Media to Work

Today I had the pleasure of presenting a talk of the same name as this post to the IFEC Institute.  IFEC is the International Foodservice Editorial Council and is a very influential and important organization of foodservice professionals.  It’s made up of many of the people that represent companies, products and brands in the foodservice space.  The Institute portion of the conference is part speeches and part hands-on workshops to educate its members on the important trends in media (and other aspects) to enable them to evaluate and implement those trends in their and their clients’ businesses.

The focus this year was on social media and how it integrates into an overall marketing and communications plan.  Steven Bava led off the day with a discussion about how digital advertising and media is changing the way consumers make decisions and in turn how brands and organizations need to change how and where they interact with consumers in order to win their business and loyalty.

It was a great prelude to the talk that I gave in concert with Jack Abbott, my former boss and now head of my marketing agency that I’ve retained to help me in my current role.  We really tried to drill down on how to put social media to work for marketing and public relations professionals in the space.  There are numerous amazing case studies in the foodservice space of wildly successful social media campaigns (Kogi BBQ, TGIF, Costa Vida, Naked Pizza, Joffery’s coffee, more) and we wanted to provide insight and takeaways from these case studies to give the audience actionable takeaways that they could take back and implement them for their clients and their businesses.

You can view the presentation here:

This presentation is derived from a bunch of different sources, including the infamous WTF is Social Media presentation on SlideShare, the Socialnomics video, and other sources.  While many of the sources are cited as Socialnomics, there are primary sources for each of those, it was just late when I was adding them to the deck.

My big takeaways for the group were:

  • Don’t start with the tools – start with finding the right conversations. Find the white-hot center of the conversation and become an integral part of it.
  • Don’t worry about the size of the audience online.  Find the right 10, 100 or 1,000 people. They will help you spread the word.
  • Social media marketing is commitment marketing, it’s not hit and run. (commitment marketing coined by Rick Liebling
  • Use the Forrester POST framework to develop your social media plan and sell it into your organization
  • Find and activate the “magic middle” that David Sifry identified and Brian Solis has built on

A few things that I didn’t get to cover that I wanted to are:

  • The importance of mobile in foodservice (I hit it a bit in the Dairy Queen case study, but it was a passing glance)
  • The importance of building assets instead of renting eyeballs
  • The concept of finding your Tribe on the Web
  • The rising importance of game theory in marketing and communications

I have a video of the talk that I’ll chop up and post shortly as well.  It was a great experience and I really enjoyed interacting with an audience that was super-engaged and asked very savvy questions.  If you’d like me to speak at your conference view my speaking page for more information.

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If you’re a small business about to make the social media leap…

Here are a handful of things that I’d do right away.

Give yourself some time to do it well.  Everything is fairly easy, except for the blog.  Writing blog content takes time, is not easy at first, and of course has some of the best potential of any of the items above.

Once you’ve done that you should make it a regular habit to do the following:

  • Watch Google Alerts that mention your business and also check your Yelp! page.  If someone is talking about you, feel free to respond in an honest, open, friendly manner.  Build relationships.
  • Tell your friends and family about your new social media presence.  Ask them to follow and Fan you.
  • Find people that are interesting to you on Twitter through directories like WeFollow and by conducting searches about your local area or areas of interest using search.twitter.com. Follow them.
  • Start talking to them. Not pitching, not selling, but talking.
  • Feel free to provide special offers to your Facebook, Twitter or Yelp fans. Check out Luna Park’s Twitter feed for an idea on that.

There’s lots more to do; but remember, you can start small. You can make mistakes as long as they are with good intentions and you work to correct them quickly and earnestly.  Get out there and try a few things. See what works for you. Stick with it.

I’ll have more on this in future posts – stay tuned!

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Speed as a Social Media Strategy

I just finished reading a great business book called “Rules of Thumb” by Alan Webber.  Webber founded Fast Company magazine and was also managing editor at Havard Business Review, among other things.  In “Rules of Thumb” he compiles 52 bite-sized pieces of wisdom he has collected over the past 40+ years in his distinguished career.  They’re all excellent.  I want to dive into some of them here – in part to share with you, in part to cement them into my mental firmament.  I hope you enjoy them as much as I did and I encourage you to pick up Rules of Thumb when you get a chance.

Speed as a Strategy

This is one of my favorite rules of thumb in the book.  Speed as a strategy.  Whether you’re talking about the first-mover advantage or simply being able to react and evolve in an ever-changing business environment, speed is a strategy all on its own. Too often you hear “we’re moving too fast” or “we need to make sure we’re not moving too fast,” from the planners and the folks in accounting and those who are uncomfortable with speed.  They want to slow things down, plod through detailed analyses and make the “perfect” decision.  Webber refutes this line of thinking as an evolutionary outmoded approach that is sure to leave your business in the dust and your team far from the leading edge of your industry.

The solution of course, is to become comfortable with speed and to use it as a competitive advantage and strategy.

Becoming comfortable with speed

If the answer is to become comfortable with speed, then how do you do it?  I believe you become comfortable with speed by developing a framework for evaluating situations and options and then a process of constant iteration and refinement of decisions through rapid and ongoing evaluation of the choices made.   Something like this:

  1. Evaluate current situation
  2. Determine course of action
  3. Implement change quickly
  4. Measure inputs/outputs of change
  5. Evaluate results
  6. Refine and adjust strategy on the fly
  7. Repeat

If you are able to implement this cycle then you have the tools and processes in place to manage rapid change then making quick decisions is not a short-sighted exercise that leaves you open to threats and missed opportunities; but rather is an ongoing, renewable business process that always ensures that you’re attuned to the environment and challenges your organization faces. All while staying out ahead of the pack through nimble, smart decisions.

Once you’ve developed this process to provide opportunities for constantly refining your strategy then you are able to embrace speed.  No longer is a decision all-or-nothing, but rather a series of incremental adjustments based on the results of the previous choice.  It makes everything much easier to manage in my opinion.

So, if that’s the high-level look at how speed can help an organization, what about in marketing?  Where this best comes into play is in online marketing.  Because print is built around big bets – long lead times, big RFPs, big campaigns, etc., it isn’t able to leverage the benefits of speed. Print and other old media need the plodding decision-making because for the most part, once you’re in, you’re in.  So you need to make that big bet count.  Online media, for the most part, behaves in a way that makes speed and incremental changes an essential part of success.

Speed as a strategy in social media marketing

More than any other online marketing effort, social media marketing demands speed.  In fact, it is organizations that can’t or won’t embrace speed who are the ones most damaged by the conversations in social media.  Those that wait to put together a pain-staking strategy, require lengthy legal involvement and rely on the old world media paradigm of creating perfect before shipping are all hurt by real-time conversations that wait for no one.  There are plenty of case studies about this phenomenon, and we don’t need to dive into them all here, but suffice to say that speed is the only strategy that works in social media.

Why is speed so important in social media?

Because people aren’t hierarchical organizations with command and control reporting. They speak their mind, share their opinions freely, and don’t need legal sign-off to present an argument or make a statement. That makes them infinitely faster than any organization.  But people also expect to deal with people, not brands, not organizations, not entities when engaging in a conversation online.  If a company wants to participate they need to let their people act like, well, people, and not corporate mouthpieces or brand ambassadors or any other non-human corporate cog.  This requires giving those people on the front lines of your organization engaging in social media the gift of speed. And your organization needs to be aligned to respond quickly to inputs that come through this new conversation channel.

Without speed your social media marketing strategy is dead on arrival.  It has a higher likelihood of doing harm rather than good, as the attention-spans, and patience online is reduced to near-zero by the customers and people you’re trying to engage. If your team is unable to answer a simple question in a timely fashion you’re hurting your brand.  If you can’t get a customer service request routed and addressed quickly, you’re hurting your brand.   The list goes on.  Without speed you’re brand will not thrive in the social space.

A few guidelines for speed in social media

Here are just a few (not comprehensive, please add more in the comments) thoughts on how to make sure you’re organization has the speed it needs to be successful in social media:

  • Have a corporate social media policy that encourages employees to embrace social media and clearly outlines the company’s guidelines and beliefs for using social media
  • Ensure that business division owners are ready to handle requests that come in through the social channel.  Is your customer service team ready to handle a complaint via Twitter?
  • For companies of any size over 30, implement some form of tracking of open issues and resolutions.  Can you track outstanding issues that have been posted to message boards about your product?  Can you communicate with those people and get back to them when things are resolved?
  • Give your front-line folks answers to questions ahead of time.  Do they have an extensive corporate knowledge? Do they have access to policies, warranties, press materials and other company facts that they can go straight to without needing to track down someone in product or PR to address?
  • Give your front-line folks freedom to talk like people.  Can you set guidelines about what will and won’t be answered immediately? If you have an intense legal component to your business what can you do to provide as much leeway to front-line folks while ensuring proper guidance and discretion on sensitive items?
  • Give your front-line folks the proper training in investor relations, media relations, customer service, public relations, etc. so that they understand the different types of inquiries they’ll receive and a framework with which to deal with them.
  • Make sure your front-line people are friendly, personable and genuinely interested in helping people. That spirit will shine as they interact with your customers and potential customers in the social sphere.

Speed wins – how fast are you?

To me it is clear that speed wins.  Especially in social media.  So how fast are you? How fast is your organization? And what can you do to make it or your department faster?  What am I missing?  I’d love your feedback in the comments.

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