When it comes to sharing on social media, there’s you and your network of friends and contacts. These are all the people that you’re connected with on LinkedIn, Facebook, Twitter, email, etc. And like you, these people have their network, in other words, your network’s network. The big secret of social media, not just for your personal brand but for your company is that it’s not about your network per se. It’s not even so much about reaching those in your network. It’s about reaching your network’s network.
So every message you put out there should be something that your network wants to forward. If your network doesn’t want to forward it along to their networks, then your brilliant post or exciting news dies with them. It’s like telling a room full of people you know something wonderful that you would hope they would tell others…but the word never gets out. On the other hand, if you put out content that’s surprising, that teaches, that adds to the conversation, that provokes thought, that taps into a bigger discussion, then people will forward it. In a sense, they reward you for being oh so clever and smart.
For example, I’m of that age where I’m taking more of an interest in insurance-related matters, so I’ve found myself going to New York Life’s Facebook page. There they ask questions, have polls, allow you to fill in the blank on things that directly have to do with insurance; but many other times the content is peripheral – what do you want your legacy to be? How old is the oldest person you know and what makes them special? It’s stuff people comment on a lot. As you may know, what happens then on Facebook is that those comments show up on people’s individual pages as commenting about something on New York Life’s page. So it becomes viral… which is the art of reaching your network’s network.
So what kind of messages are likely to be forwarded, or maybe more importantly, what kind of messages are boring and least likely to be forwarded? Well one kind is the “cat” status update kind you find on Facebook. You know…”I just fed my cat.” “My cat is playing with her new toy.” Cat, dog, people, whatever. We all know this stuff hardly ever gets forwarded. But you know what, brands do the equivalent of “I just fed kitty” updates all the time. How many times have you read “we just got a new product,” or “we’re moving, ” or “our company just hired 10 more people,” “we just painted our building,” etc. Yaaaawn. While it’s not at all wrong to give out that info, just know you’re saying something about yourself that’s not adding value and thus this update goes no further than your immediate circle of connections, if they’re paying attention at all. Oh, and then there’s the type of messaging that you find on LinkedIn and Twitter a lot…the over-populating of meaningless updates and posts without cessation. One post or tweet after another to the point you get tired seeing this person’s face show up on your screen ever again! If the idea of social media marketing is to form relationships with people, then why would you want to undo what you’ve accomplished by over-marketing your company to the point where people say, “I’ve had enough. Buh-bye!”
So what kind of messages generate traffic for business and does get forwarded to your network’s network? It turns out you already saw this in high school when a message of great personal value went out there and was forwarded. I’ll call this “My parents are out of town…bring your own beer” message. This type of update breaks through the rest of the “ho-hum” messages because it does two things: it produces a high emotional response and people like sharing practically useful content to help out their friends, as well as business customers or prospects.
Now I’m not a psychologist but I’ve found through personal experience that the likelihood of sharing content seems to hinge on things that produce an emotional response by means of wonder, joy, anxiety, fear and surprise. I’m sure there are many other motivators but let’s just talk about these for a moment.
As we know, the idea of social media is to create and strengthen relationships with people. We do that by sharing information that they’d like to get, read and pass along to others. That doesn’t happen if what you have to say isn’t interesting and you won’t be interesting until you say and do things imaginatively, originally, freshly.
Businesses everywhere are searching with ever-increasing frenzy for the wonder drug that’s going to help their businesses do more sales. A few years ago it was search engine optimization. Today it’s social media marketing. My take on this is to do your company a favor and save your money because using social media as a pathway to sales is almost certainly not going to work to the degree you want. What? Heresy you say?
You see, while social media can be a valuable marketing tool, it’s not magic, it is not a miracle, and it cannot and won’t replace everything that came before it. By itself, social media doesn’t work well. I realize what I’m saying is not likely to be well-received, especially with the hundreds of people who have set themselves up as social media experts over the last year. I can understand why people think social media will cure everything, but I challenge anybody reading this to produce a real success story that has led to an actual increase in sales.
Just take a look at the top brands on Facebook (www.fanpagelist.com/category/brands) to see which brands people Like and Follow on Facebook and Twitter respectively. It’s hard not to be amazed. The #20 brand (Skittles) has more fans than there are people who live in Texas! Yup…Texas. Wow! Who needs paid media when you can reach a mass audience for free? Surely that’s an opportunity just too good to miss, right? Surely it makes sense to place a chunk of your limited and stretched marketing budget on a social media expert who promises to get your message out there so that the profits will roll in. Right?
Well, hold on for a reality check. One significant fact is that most of the top social brands continue to invest heavily in traditional media. Coke is near the top of the top brands on Facebook with more than 70 million followers. WalMart has over 30 million. The route to social media success, it seems, runs through traditional channels. Even the exceptions like YouTube and Starbucks are worth looking at. They obviously didn’t grow into superstar brands using Facebook and Twitter but rather use social media to capitalize on brand equity they have already built-up. In fact, when Google started getting serious competition, they started running TV ads. When there’s a product launch, a sale or just about any other occasion where you need to reach a mass audience quickly and effectively, there’s still no substitute for paid media…and the dot com’s know it.
Social media is a long, hard row to hoe. There’s no quick success and very few programs break through. Ask any company in the country and they’ll tell you they have some kind of social media program in place. Some of the more active companies write a few blog posts a week; reply to comments and questions on a daily basis; and update their Twitter and Facebook feeds repeatedly. A tiny, tiny proportion of them are having anything that resembles significant impact. Fact is, Coca-Cola says it can find no correlation between “buzz” on Twitter and actual unit sales. Auto manufacturer Nissan admits it has no idea if social media helps it shift cars. MasterCard can’t tie its social investment to revenues. In fact, there remains little evidence social media does anything to boost brands’ bottom lines.
Our firm’s experience has been pretty much the same. Although LinkedIn groups were helpful in the beginning, Facebook and Twitter were almost useless for the first year. It took awhile to build a following and learn how to develop it before we saw any benefits that justified the effort.
Oh, and let’s not forget about that group of mysterious online people out there that supposedly hold all the cards … the “Influentials.” Tap into them and they’ll disperse your message to the masses, or so some would have us believe. The fact is that in-depth research into the matter finds this whole idea completely baseless. Brands like Apple, Harley Davidson and Trader Joes, for instance, have been able to build an army of passionate followers without an “influencers” strategy.
That doesn’t mean that influence doesn’t exist. It does. TV show host Oprah Winfrey is very influential as doctors are when it comes to health issues, clergy for spiritual issues and so on. However, there’s nothing mysterious about them. Marketers have long used celebrity endorsements, trade marketing and community outreach where appropriate. The truth is that brands are not built by influential people, but by influential ideas. The problem is that so called “influencers” aren’t that much more influential than anybody else. Don’t take my word for this. Go online and do your own research and see for yourself.
Again, social media by itself is not a great way to build a brand. You’re just inserting yourself into an ocean of jumbled voices and are unlikely to stand out. Marketers like to complain about the clutter in traditional media, but in social media it’s so much more cluttered.
So then why use social media at all? The reason is that it is an impactful vehicle for empowering advocacy and we know that’s extremely important for brand health and profitability. Social media, if done right, can capitalize on what brand equity your company has already built up.
So when I hear social media “experts” who make outrageous claims, who state misleading research, who use everything from stories to rumors to masquerade as facts, whose bias renders them short of perspective, and who completely dismiss the power of ‘traditional’ advertising… they’re ONLY, ONLY, voicing their opinion and not “showing me the beef.”
While social media is a vitally important component of an overall effort, it’s no replacement for sound marketing principles.
The year is 1913. The automobile is more than a novelty by this time. It is here to stay, and already, in the big cities, cars are beginning to outnumber horses on the major thoroughfares. Every young and growing family of any means has one of these contraptions. And the Ford Motor Company is pumping these babies out as fast as his factory will allow. In fact, if you’re Henry Ford, in 1913, you can’t imagine that ANYONE would want to be without a car, given its obvious speed, convenience and ability to vastly improve commerce.
But that same year, anyone who is over 50 has grown up with the horse and buggy and they are far from abandoning the most dependable and affordable form of transportation there is. Out in the countryside, they’re even more locked in to the old ways. Of course, they’re all a dying breed – literally – and one day, maybe in another decade or two, Mr. Ford will be right. But in the meantime, it still pays to be a blacksmith.
The year is 2013. Social Media is more than a novelty. And the digital universe will continue to play a growing role in how one makes choices in every area. But there’s a market divide here as well: those under 50 who, growing up, depended on television and now the Internet as their major information sources, and those over 50 who grew up with newspapers, books and encyclopedias, news magazines, radio and eight channels of TV to inform their world view. Those gray-haired Baby Boomers and pre-Boomers aren’t ready to give up the old medium forms or use the full potential of Internet the way their younger counterparts are. They still rely on traditional media and the power of face-to-face relationships to form their opinions. It’s how they’re hard-wired, even though many Boomers and older seniors may have Facebook accounts and smart phones.
For the visionary marketer under the age of 50, little wonder that he or she sees the future the way Henry Ford did in 1913. Soon, EVERYBODY will be wired, interactive, and engaged in the multiplicity of online touch points.
But whoa! If you’re reaching buyers over 50, which is the absolutely dominant market for health care, retirement living, destination travel, hospice care and funeral services, it still pays to know how to shoe horses!
I spoke last week to a senior services industry group, most of whom were Boomers or older, and they were very clear on the fact that for the next decade at least, Boomers and the older generations will remain the primary target audience. In fact, it was fascinating to note how many of these industry professionals struggled to understand how to use Facebook. Well, they’re over 50, just like their buyers!
If you’re under 50, you might chuckle at these old codgers and say their ways are fast coming to a close. But do remember, if you’re selling anything to Baby Boomers and older, these old-school marketers are more on-target than you are.
Young emerging marketing directors need to know how to employ the technological and social changes that are underway. But if you’re marketing to Boomers and older, automotively speaking, this is still 1913, not 1930. The changes that should be happening right now aren’t so much about how to use Facebook and Twitter but how to speak to the Baby Boomer better, understand their culture better, speak their language better and show up where they are. That means more relevant branding, more choices of products and services, adroit use of surprise, humor and respectful irreverence in marketing, and the avoidance of anything that reeks of clichés and stock or traditional messages.
Visionary thinking is wonderful, but while you’re looking well down the path, it pays to watch where your very next step will be as well.
by Rolf Gutknecht, Agent of Change (c) 2012
I’m not sure about you, but in the deluge of emails that comes my way each and every day, it’s real easy start deleting them without even thinking about whether there’s content that might make my life and that of my clients easier and better. So, I stopped doing that about 
6 months ago and now take the time to open each one and at the very least scan for interesting info. Maybe I’ll see something about trends, or research data, facts, or a tidbit about helpful hints. Without doing so, I’d miss out on stuff I should know about and, respectfully said, that’s probably the case with you as well.
Well, with your indulgence, I wanted to share with you 10 pieces of information that you may not be aware of which in turn will help you grow your business by seizing on untapped revenue-producing opportunities. So, here goes:
As I said, it’s easy to delete a bunch of good information that comes your way because of time constraints, being short staffed or being overwhelmed with email after email. But this is all good information that I received and looked over before I hit the delete key. If you’ve read this far, you’ve made the same thoughtful decision as well.
I’m sure you remember those wonderful fill-in-the-blanks books, “Mad Libs.” You know, you just insert your own verb, noun or adjective in the blanks and see how silly the sentences come out. Mad Libs are great for kids and fun at parties, but they have no place in expressing your marketing message. Yet, as I look through the pages of ads in magazines, or surf companies on the web, I see all kinds of Mad Lib slogans and taglines, which are in effect condensed marketing messages:
At the very least, many marketing messages are so generic, any competitor in the same industry could put their name in the space:
They don’t communicate anything unique about the marketer other than the category in which they operate, putting them at the same level as everyone else who provides a similar product or service.
By comparison, here are a few examples of taglines past and present that are truly distinctive and demonstrate a unique selling proposition:
If you’re in the former camp instead of the latter, it’s a perfect time to re-think what you have to say to prospective customers that gives your firm the edge.
As you begin looking forward to the new year, it’s worthwhile to look backwards to some of the strategies and tactics you’re bringing into 2012…starting with your basic marketing message. Ask yourself, is our message so familiar, expected or generic that it could apply to any of our competitors? Does it fully express our unique point of difference? Is it fresh and “sticky”?
Without having a strong point of view and a distinctive message risks your customers seeing your products or service as a commodity, and they’ll be happy to shop your competitors when they think price is the only difference.
This may require a bit of corporate soul-searching, but it belongs on your marketing must-do list for 2012. Otherwise, you’re just [ verb ]-ing your precious marketing dollars [ preposition and place ].
by Dan Katz © 2012