How to Convert Old Media Marketing to New Media Marketing

In the marketing world there are several ways that people refer to new media marketing. There are phrases such as:

Inbound marketing
Internet marketing
Web marketing
Social media marketing
Online marketing
Digital marketing
E-marketing
Interactive marketing

The phrase which is probably the most hyped is new media marketing! But, is a marketing strategy that includes blogging, Facebook, YouTube, Twitter and Flckr still new? It’s 2010 not 2007. New media, is not so new anymore!

Consider that some businesses are still in new media denial. There are still some businesses who think they can ignore new media. They believe that old media is still the way to market. So, they still use the telephone, the print ad, the tradeshow and direct mail as the sole way of marketing their business.

The old media examples just mentioned are not obsolete. They can still be effective, but they should be adapted to the new media mindset of your prospective buyers. Let’s look at each of these old media formats and how they can be converted to new media marketing.

Telephone
Rather than cold calling for sales prospects call people to conduct a survey on a relevant industry topic. Invite them to take a survey on the phone or online. If they prefer the online survey get their email address and send them a link to your online survey. Be sure to offer them a free copy of the survey results. Keep them informed by email in the future. Don’t sell anything in this phonecall. The person will remember the content experience about your brand and possibly buy from you when she is ready. Of course, the best use of the telephone is to call all the leads you develop through your inbound marketing strategy.

Print Advertising
Assuming you’re advertising in a relevant publication, make your call to action accessible online on a unique landing page that is attributable to the ad so you can measure it. If you have a phone number in the ad, be sure it’s unique so you can measure the results of the ad. In many cases, print advertising serves to build or strengthen your brand. Even if you have a good call to action, sometimes the best result is brand awareness. Nonetheless, be sure the reader can engage your brand online in a way that can be traced back to your ad.

Tradeshows
You can integrate your tradeshow marketing with your online strategy in several ways. Whether you are exhibiting or just attending a tradeshow you should always talk about the event online before, during and after the event. Use your blog, Facebook and Twitter channels to discuss your contribution to the event as well as the contribution of others. Use Flickr and YouTube to share your photos and video from the event. Connect online with the people you meet at the event to keep the relationships going after the event.

Direct Mail
Similar to print advertising be sure to have a measurable call to action. Consider linking the call to action to personalized URLs (PURLs) as landing pages. This will allow you to measure the results of your direct mail campaigns very clearly with online interaction attributable to your direct mail campaigns.

New Media Transitions
There are many businesses that continue to use old media marketing strategies very well by integrating them with new media channels. Ultimately, you can achieve great sales results by integrating your old media and new media plans by connecting and engaging people the way they want to be engaged.

Avoid using old media strategies in a vacuum. Similarly, avoid using new media tools in a vacuum especially as a megaphone to blast your sales message. Rather integrate your old media and new media channels into the marketing 2.0 mindset so your audience will want to connect with you and your brand to explore what you can do for them.

As I’ve said many times previously, brands who adopt the mindset of a content publisher and a relationship collaborator are the ones whose content marketing strategy delivers the best results. Even old media marketing can convert to new media marketing using an integrated approach.

Are you still using old media marketing? Start integrating it with new media. Tell your story below.

B2B Content Marketing for SMB Business

Kim Albee on B2B content marketing.

Kim Albee is founder and President of Genoo, a marketing automation software company serving B2B SMB companies mostly in the U.S. Genoo provides tools to build micro-sites, do lead nurturing, lead tracking and it integrates with Salesforce.com. I met Kim on LinkedIn when I was looking for case studies for my book. This podcast interview is an update to that case study.

Kim launched her Genoo product in June 2008 in beta. It became available to the public in Sept 2009. As an entrepreneur launching a new marketing automation software product with no marketing budget Kim got very creative. She started playing with social media tools, most notably LinkedIn. She joined some relevant groups in 2008. But, at that time LinkedIn didn’t offer the “discussion” feature, so there was no ability to create conversations in groups.

Kim wondered how she could find and engage people interested in B2B marketing. She didn’t find any B2B groups on LinkedIn, so she created a B2B Online Marketing group and invited others to join it. But, without a discussion feature, the group didn’t have much value. Then, Kim set up a free forum for conversations on B2B marketing. But, no one joined. By now, Kim was getting frustrated by her limited ability to engage with other B2B marketers online.  Then, it happened!  LinkedIn started offering discussions in groups and everything changed.

Kim created a LinkedIn group called B2B Online Marketing and she also created a dedicated website which shares and re-purposes content from the group.  BTW, do a Google search for “b2b online marketing” and you’ll find this website in the first 5 search results. Kim started discussions in this group on relevant topics such as lead generation, SEO, how to create great content, how to create and use micro-sites and other topics of interest to B2B marketers. Initially, Kim emailed the members of the group each time a new discussion was started using the email feature in Genoo. The group has grown to over 3,200 members and it’s still growing, fostering great conversations among B2B marketers.

Kim blazed a new trail with this approach. She was willing to experiment with something new. She was very persistent and resourceful. Her leadership is apparent as she created a new group and has been willing to maintain it with active interaction with the group members.

Some B2B Online Marketers Still Skeptical
Kim hears the same objection I often hear from B2B marketers. Many are simply skeptical that marketing online is effective for narrowly defined B2B niches. The truth is that most people search online when they need to find a product or service. B2B marketers must ask themselves, how do their websites perform in searches pertaining to their niche? Many B2B websites are just a “blow-horn” for their products and services with no meaningful calls to action, or limited opportunity to engage (if any). The reality is most B2B prospects want to get to know a business before they call them or fill out a form. They want to check you out first. And, the way to allow them to check you out is through great content!

Niche Marketers Take Notice
I’ve written before in my blog and in my book how marketers in any market segment should draw a circle with two concentric circles around it to define their target market. The smallest circle is the bulls-eye target market. The two outer circles contain demographics who reach and influence the bullseye. Marketers should target each of these groups through great content.

No matter what business you’re in you have a USP (unique selling proposition). There is  a story there. Share your story. Your target market may not currently be on Twitter or Facebook every day, but when you share your content there you will get better search results. SEO is all about the long-tail now. If you don’t start now, you won’t be there when your audience arrives.

Email Challenge
Kim met someone online who challenged her to write one email every day for 30 days on a relevant marketing topic. He offered to subscribe to her email list, in return for Kim subscribing to his. Kim agreed and sent her first email to her list of about 5000 people, many of whom she did not email frequently. She had low expectations but was willing to experiment. Remember, Kim is not afraid to take some risk. She started her first email with a cheesy email heading: “Hello Fellow Marketers.” She explained her plan to send one email each day for 30 days on a marketing topic. To her surprise, she got 218 people to sign up to get an email from Kim everyday for 30 days on relevant B2B marketing topics. After her final email, she did a survey which received a 38% open rate. Kim took some risk with this 30 day email challenge. And, the results were impressive.

Content Marketing & Relationship Building
I couldn’t have scripted this interview any better. In my book, Marketing 2.0 I boil everything down to having a terrific content marketing strategy and building relationships online. Kim’s daily email was great content, not to mention her B2B Online Marketing group on LinkedIn. Kim built relationships with her 218 subscribers through a personal response to replies she received which built relationships with her subscribers. After the 30 day experiment Kim got several new customers without ever once making a pitch for Genoo. Her great content was her marketing. How measurable is that?! Very!

Kim is a  terrific example of Marketing 2.0 in action. She is willing to take risks. She succeeds a lot more than she fails. But, if we don’t have some failures along the way we’re probably not trying hard enough. Kim is proof positive of this.

To engage with Kim (and why wouldn’t you want to), here are several ways:

Genoo Marketing Automation Software

Kim Albee on LinkdeIn

Kim Albee on Twitter

Marketing Automation Resources

If Kim Albee’s content marketing strategy story inspires you, please add your thoughts below.

Top 5 Reasons Your Social Media Strategy Can Fail in 2010

There are many reasons your social media strategy can fail in 2010. Here are just five of them…

No Top Down Support
It doesn’t matter how mainstream social media is without top management support you’re going to fail. Social media takes time. When the boss sees people Tweeting, blogging and Facebooking during business, if he’s not on board he’s not going to like it. Find examples of competitors or other companies in your industry doing an effective job of engaging community and brand building through social media to get the boss on board.

No Content Strategy
Just because your company has a Twitter account and a Facebook fan page doesn’t mean you have a strategy. You need a content hub and a content theme for an effective content marketing strategy. Define the “why” and the “what” of your content strategy. Develop content that delivers on the three E’s: Educate, Enlighten, Entertain. Use platforms like Twitter and Facebook to support your content strategy. But, put the horse in front of the cart, not the other way around.

No Consistency
You’ve developed your content marketing strategy and you have the boss on board. You plan out the first two months of content and you post. Then that big trade show comes up and you get super busy. Your consistency goes from daily, to weekly and before you know it your only consistency is being absent from your social media strategy. This is worse than not having a social media strategy. If you’re not consistently posting content and engaging community, you’ll never enjoy the benefits of social media marketing. You wouldn’t water a garden once or twice then walk away from it, would you? Consistency is not an option in social media marketing.

You’re Too Loud
If all you do is consistently deliver a sales message on social media, you may just as well go buy billboards and skip social media. For social media newbies, the temptation is sometimes to use the tools as megaphones to shout sales messages. Some brands can earn the right to offer deals and promotions on social media. But, even those brands must have a loyal audience. In most cases the loyalty must be earned through consistent content and authentic, creative engagement. Brands that engage their community through enjoyable experiences win.  Remember the three E’s.

You’re Not Human
Brands who hide behind a corporate facade with corporate speak and no human interaction don’t do as well as brands who engage human to human. Zappos and Ford Motor are good examples of large B2C brands that engage well human to human.  In B2B some relatively unknown names such as Indium Corp.

BatchBlue and HubSpot are successful at engaging human to human rather than hiding behind a brand. The people at each of these companies post content in their individual name, respond to comments and engage with people who engage with them. They recognize that the brand perception is what other people think it is. They don’t ignore anyone. They engage human to human and it’s very effective for them.

There are other reasons your social media strategy could fail in 2010. For additional reasons, you’ll find an entire chapter dedicated to it in my book, Marketing 2.0.

Add your comments below to join in the conversation.

Bernie Borges

Unconventional Marketing by Nadine M Rosin

Happy New Decade!

As I kick off a new year with my podcasts I want to reiterate the mission of my podcasts.

I seek to bring you interesting people that are doing interesting things in marketing in order to share their experiences with marketers around the world for education and inspiration.

My first podcast guest in the new decade is Nadine M. Rosin. Nadine is an unconventional person in several ways. It’s her unconventional approach to life and marketing that offers great inspiration. Nadine is a certified therapeutic body worker and a non-denominational minister who performs weddings in Tucson. Nadine is the author of a book titled The Healing Art of Pet Parenthood. The book was inspired by the loss of her dog Buttons. Buttons was diagnosed with cancer when she was 8 years old and was given just 6 weeks to live. That’s when Nadine got unconventional…

An Unconventional Person
Nadine is less likely than most people to accept the conventional way of doing things. She subscribes to the cliché “necessity is the mother of invention.” When the veterinarian gave her dog Buttons 6 weeks to live, Nadine sought and found the causes of the cancer. Rather than deal with the symptoms, Nadine took a holistic approach to Buttons’ cancer. Over the next four months Nadine cleared out all toxins in her home. Essentially, she cleansed Buttons’ environment inside and outside and strengthened her body nutritionally so her dog’s body would heal itself. It worked. Buttons lived another 11 years and died of natural causes at age 19.

The Marketing Lesson in Mourning
Nadine observed that people (especially in the U.S.) are encouraged to keep sorrowful emotions bottled up. She points out that it’s not healthy to hide these powerful emotions. It’s not how we heal. An example Nadine offers is how during President Reagan’s funeral the esteemed media praised Nancy Reagan for not showing her grief in public. It’s a normal human emotion to mourn over the death of a loved one. It’s authentic and healthy to grieve. Grieving gives us a healing process.

What does this have to do with marketing you ask? Good question. Keep reading…

Create Content About Which You’re Passionate
The experience Nadine had with her own pet coupled with the observations of how people need to grieve even after they lose a pet, inspired Nadine’s book. Her book helps “pet parents” to grieve and heal after the loss of their pets.

Nadine never had a budget to market her book. She doesn’t have a warehouse of books to send out for promotion. But, Nadine does have a warehouse full of passion. She started her marketing plan with a 3 minute video, which serves as a trailer about the book which she posted on YouTube. Then, she searched for videos on YouTube for “pet memorial” and found people offering tributes to a pet which had recently died. Nadine would leave a short, authentic and sympathetic comment in her handle: authorgirlpetparent with a link to her video. Many people would click on her video and find her book and buy it. Eventually, many people came back to her video to comment on how helpful the book was to them in their healing process over their pet loss.

Shoestring Marketing

Nadine designed her website herself with no prior experience. She just learned how to do it. She found and visited online pet social sites to find conversations with people about their pets and engaged them. Two such sites include Dogster and  DoggySpace. The people she encountered on these pet social sites actually speak in the persona of their pet.  She started making friends on all these social sites and establishing her brand in her own persona of Authorgirlpetparent. This marketing strategy cost no money. It did “cost” her about 6 hours each day after work, which she admits flies by because she is so passionate about the topic and her online relationship building. One such online connection got her an invitation to be flown to an event where she was the keynote speaker.

Nadine is very focused on the details of her online relationship details. She sends a personalized direct message (DM) to every new follower on Twitter and Facebook. She also gives free help to other pet parents who have holistic questions. She offers a 30-minute one-on-one consultation. No one is turned away who can’t afford one.

Marketing 2.0 at Work

Nadine’s content marketing and relationship building strategy is intuitively exactly as I wrote in my book, Marketing 2.0. Nadine has developed a content marketing strategy and prioritizes the connections she makes online with people on pet social sites and through Facebook and Twitter. Nadine also blogs regularly on her pet parenthood blog and accepts, speaking engagements where ever possible.

Experiential Marketing
Nadine is creating experiences with people when she connects with them. She shares her own personal experience through her story about her deceased dog Buttons. For example, someone on Facebook contacted Nadine about a friend who had just lost a pet. This person posted Nadine’s video on her friend’s profile. This person turned out to be Yvonne DiVita an active social media expert who supports women in business and pet owners (pet parents). Yvonne bought and read Nadine’s book.  She contacted Nadine to help her market it. She offered Nadine valuable social media advice to accelerate her social media marketing on Twitter and Facebook.

Results in Motion
When I asked Nadine how she measures results, I could tell she was a little uncomfortable with this topic. As an author of a book, I understand that conventional results measurement is all about measuring book sales. But, until Nadine’s book sales gets into in six figures, she won’t be excited measuring that result. So she ignores the numbers. Instead Nadine measures the results in motion, which includes:

What kind of emails is she getting from readers?
How much are other people trying to connect and help Nadine?
What’s the value of her new connections?
Do her connections offer value that can contribute to book sales in the future?

There Are Many Inches in a Mile
The unconventional path to book sales for Nadine wasn’t so unconventional after all. Nadine figured it out as she went along. Her passion and commitment combined with her authentic approach to connecting with people has allowed her to learn successful marketing strategies as she experimented with them.

Nadine is measuring milestones. As I state in my book, marketers can measure the outcome of relationships developed online. These milestones are stepping stones to end results. You don’t get from an inch to a mile in one step.  It’s ok to measure the inches you achieve on your way to the mile.

One small example of measuring inches for Nadine is the way we met. I found Nadine when she was featured in a newsletter article put out by our mutual publisher, Wheatmark Publishing. I was impressed by her story so I contacted her to to be a guest on my podcast. Who knows what doors may open from this podcast interview.

I hope Nadine’s story as a pet parent and as a marketer inspire you in some way. I invite you to learn more about Nadine and her book here. I’m sure Nadine would enjoy connecting with you, to share common interests in marketing or pet parenting.

Bernie Borges
@berniebay

P.S. To learn more about developing content marketing strategies like Nadine’s check out my book, Marketing 2.0.

Social Media Results in Motion

The December 14th issue of BusinessWeek has an article entitled: Beware Social Media Snake Oil. The article is intended to be a balanced look at the lack of marketing success some companies are having with social media through industry consultants. I disagree that it’s balanced. I think the article is biased against the social media consulting industry. Here’s why…

As the owner of an inbound marketing agency helping clients get measurable marketing results through web marketing strategies which include social media, I take exception to the general characterization of “snake oil” to my entire industry. Sure, it’s hard. As Chris Brogan points out in the BusinessWeek article, social media marketing is still new. Many companies are still trying to figure out social media. And, some are doing it wrong. And, yes some may be getting bad advice from so called experts. But, that’s no excuse to call the entire industry a bunch of snake oils.

Historic Transition

We are in a period of transition in marketing history. As we close out 2009 there are still a mix of traditional marketing channels which allow marketers to deliver outbound messages through tried and true tactics including advertising, mail, events, contests, email, etc. But, as time passes some of these so called tried and true marketing tactics are becoming less and less effective. Ask yourself (as a consumer) how many advertisements you allow yourself to see or read? Better yet, ask yourself how many ads truly influence your purchase decisions? Now, ask yourself (as a consumer) where do you go to get information about products and services you’re considering? I’m not against advertising one iota.  But, I want marketers to ask yourself are you willing to ignore the connected consumer regardless of your industry? Are you willing to allow your competitors to engage your target market through social media while you ignore it?

Let the Experiments Begin

Most marketers are beginning to realize they don’t have a choice but to participate in social media. If some social media consultants irresponsibly lead you down a failed path ask yourself did he/she promise quick results?  Did he/she promise the tactics would work out of the gate? If he/she was one hundred percent honest he/she explained it will take time and the tactics you try may or may not work. A competent social media consultant will formulate a plan based on research and much dialogue with you to develop the plan. After the plan is developed, then let the experiments begin! That’s right – experiments!

Measuring Results

The BusinessWeek article is critical about the inability to measure results. There are numerous articles, books and blogs that have argued that measuring results in social media can be difficult. The issue is exacerbated by consultants counting Twitter followers as results. The only results that matter are tied to sales (or equivalent for non-profits). That said, there are many interim steps that lead to sales and a well planned social media strategy can facilitate those steps.  All marketers have the choice of implementing any combination of tactics to reach their consumer. The channels marketers use are a choice. It’s been said for decades by marketers: “Fifty percent of my marketing budget is wasted, I just don’t know which fifty percent.” This is no excuse for not measuring. The issue is how do we measure results? I’ve blogged about measuring results and written about it in my book, and so have many others more prominent than me such as Chris Brogan.

Results in Motion

All businesses want to get a return on their marketing. However, measurable results from a social media strategy may or may not look the same as they do in other channels.  And, they may or may not happen quickly. While there are many big brand examples of successful social media marketing including Dell, Comcast, IBM, Starbucks, Ford and  Zappos, there are also examples of smaller, unknown brands. I call these results in motion because they are a work in progress. Remember, social media is still new!

Consider how Utica, N.Y. based Indium Corp reaches a worldwide audience of engineers to educate them about their solder paste used in electronic assembly equipment. In this B2B example, Indium has 85 blogs staffed by 15 engineers. They also produce video content which is educational and sometimes humorous. Results: They produce contacts with engineers around the world, a portion of which become sales opportunities…Results in motion….

Consider how Toronto based Homemakers Magazine reaches Canadian women to engage them on topics such as cooking, health and life balance. They have a diversiied content strategy which gets delivered across various channels on the web. They measure the growth of their reach, which is a stepping stone to selling subscriptions and advertising…Results in motion.

Consider how Ford Motor Company developed their social media strategy as summarized in this slide deck:

Notice that the word “product” or “sales” is not in their social media strategy statement. But, look at their most recent sales results (below). I’m not suggesting that their social media strategy is entirely the reason for their positive sales performance. I believe strongly that Ford is an example of a big brand who is doing an effective job of integrating traditional marketing (e.g. television advertising) with social media through community centric events and activities which builds trust with the consumer and spreads through word of mouth, all under the leadership of Scott Monty, their head of social media.

These are just a few of many examples of businesses who recognize they must experiment with these new social media channels. In the process of experimenting they are willing to take some risk and learn lessons about what does and doesn’t work. They are measuring results that impact their brand, which impacts their ability to differentiate from competitors and compete for sales.

Choices?

Do marketers really have a choice but to experiment with social media? Remember the question I asked about where do you turn to gain insights about the products and services you buy? If your answer wasn’t the Internet are you being honest? When you turn to the Internet to search for products and services, do you rely on ads or do you  seek input from others and do you allow input from others to influence your decision?

I am a BusinessWeek subscriber and I have been for many years. I rely on BW to keep me informed on many business topics. I have seen BW do follow ups to stories in the past. For example, in May 2005 BW did a cover story on blogging and the impact on business. In May 2008 they did a follow up to that cover story called Beyond Blogs, which expanded the coverage to social media. While the social media snake oil story is not a cover story, I would like to see BW do a follow up story with favorable examples of companies (not limited to large brands like Ford) who are getting solid advice from consultants and who are achieving measurable results, even if those results are results in motion….

Psychotherapist a Self Taught Inbound Marketer

Ken Donaldson has a very unique vocation.  He is a licensed mental health counselor, aka a psychotherapist. Ken also calls himself a life coach and a relationship coach. Ken has been in private practice for sixteen years. While Ken is a psychotherapist by vocation has had to become a marketer. Here’s his story. The podcast interview has the whole story…

When Ken first got started in his profession, he expected it to be much easier to develop his practice. He created about 1000 business cards and waited for the phone to ring.  But the phone didn’t ring. He quickly realized developing his practice would require marketing.  So, he started speaking. That was a good start because when Ken spoke to a roomful of people he created more exposure for himself. His speaking gigs usually produced some client referrals and more speaking gigs. Ken eventually realized he had a business. So, he set out to learn how to grow and run a business.

Ken started educating himself on how to run a business by attending workshops, reading books, blogs and websites on marketing. While Ken doesn’t consider himself an aggressive marketer, he realizes that compared to most of his colleagues in his profession, he is like a Chris Brogan.

Marry Yourself First

Ken is the author of a best selling book: Marry Yourself First. His book is a compilation of “the best of his best advice” for people to live extraordinary lives.  His book offers 24 key life principles that give people success. Ken’s strategy is to market his book as a way of marketing Ken Donaldson. And vice versa. He has two websites. His primary website is Ken Donaldson.  And, his Marry Yourself First website promotes his book.

Video Marketing

When Ken first developed his website he was advised that it needed audio. So he added audio. Then he was told he needed video. So he added video. He learned that it wasn’t as difficult as he thought it would be. He also created a small website called Ask Ken Donaldson. Ken creates short video responses to the questions he receives. Then, he posts them on YouTube and on his website. He currently has nearly 90 videos. Ken’s content marketing strategy is to produce free advice and give it away through his websites, his blog, Facebook and Twitter with video as a primary form of content delivery.

Location, Location, Location.

As the old saying goes in real estate, Ken has learned that in marketing it’s content, content, content. Ken’s strategy is to give his best in 3 to 5 minutes. He produces content that delivers on the 3 E’s reaching people who are interested in his content. Ken’s videos are very authentic and human. For example, during a vacation in Utah he created some video with beautiful scenery. It was totally unscripted, raw video because it was so casual with some good advice from Ken.

Trading Dollars for Hours No More

Ken’s practice is doing well. His content marketing strategy effectively drives clients to his practice. In 2009 he got more clients from the internet than ever before in his sixteen years. He attributes his success to being more visible, more available and more downloadable.  He eventually plans to “trade dollars for hours.” He’s already started producing premium content through his 5 CD program and has more plans for more premium content.

Ken’s brand is growing and his business is thriving. I feel strongly that these content marketing, inbound marketing strategies apply equally to all business of all sizes across all industries.

In addition to the website links for Ken above, you can connect with him on Facebook and Twitter. He’s a good example of a niche marketer having fun while enjoying success.

If you want to learn more about content marketing strategies, check out my book Marketing 2.0.

@berniebay

Measuring Results in Social Media Marketing

This blog post an updated excerpt from my book, Marketing 2.0.

Measuring results is one of my favorite topics in marketing. Since the invention of marketing (I couldn’t find that date in Wikipedia), executives have wanted to measure the effectiveness of marketing dollars against sales in order to determine their return on investment, or ROI.

The reality is that in recent years, measuring marketing results, at least at the quantitative level, has become increasing sophisticated through tools and techniques. In addition to quantitative metrics, measuring qualitative results can be just as valuable.

Social media marketing measurement is very similar to measuring other web marketing results. First I’ll review the tools you can use. Then, I’ll offer ways you can use them to measure social media marketing results.

Conventional Wisdom

Let’s start with a look at the conventional web marketing metrics tools, beginning with some free tools. You may be familiar with some or all of these tools. As obvious as they are to me, I often meet marketers who are not harnessing them to their full potential.

Google Analytics—a free web analytics service that provides website owners valuable insight into website traffic details including visitors, sources of visitor traffic, pages visited, time spent on your website, keywords driving website traffic, geographic location of visitors, conversions based on a predefined goals, and much more.

Google Webmaster Tools—another set of free and powerful tools from Google providing another level of detail in studying traffic data for your website as well as keyword click-throughs and inbound links.

Google Alerts—another free service that will alert you by email or to your RSS reader each time Google finds a relevant result for a topic you’ve set up to track.

Google Blogsearch—a free search engine subset of Google’s search engine geared to display blog posts. When you search on a phrase, Google displays recent blog posts for that phrase.

Social Media Measurement Tools

As social media marketing has exploded, so has the landscape of tools and services designed to help companies measure and optimize their results. I’ll start with a partial list of free social media measuring tools. Note most free tools offer fee-based premium versions as well.

Blogpulse—a service from Nielsen Buzzmetrics that acts as both a blog search engine and blog tracker. Bloggers can track conversations taking place about topics of interest, as well as discover where their blog ranks in relation to others covering similar topics.

Trendpedia—a free service that functions mostly as a blog search engine. Its main feature involves helping people find the most popular trends in social media across a variety of topics and tracking the trend of the topic over a three-month period in comparison to other relevant topics.

Trendrr—a free service that adds a real sense of analytical measurement through its use of trending graphs. Trendrr lets anyone track, compare, and share trends on any topic across blogs and other social media.

Technorati—a free service that functions as an Internet search engine for blogs. You can track your blog content in Technorati.

Twitter Search – Whether or not your have a Twitter account, you can use Twitter’s search engine. Marketers should search relevant keywords to learn about conversations about their brand on Twitter.

The free tools listed above are a partial list of many tools available to track your content results. I encourage you to use as many tools as practical to measure and track your social media marketing results on an ongoing basis.

Staying on Course

However, tracking the reach of your content in social media is just a part of the measuring results secret sauce. You also need to gain insights so you can measure your progress and take action. A metaphor comes to mind. Social media marketing is like flying an airplane. The sophisticated cockpit constantly calculates the extent to which the plan has shifted from its course route and makes the necessary adjustment to get the plane back on its course. In social media marketing, you must similarly be tracking and interpreting in order to know when and how much you must adjust your content strategy and your tactics to stay on course.

In addition to the free tools listed above, there is an ever-growing list of fee-based tools to measure social media results. I will only list two because these are the two we use at Find and Convert and therefore I’m most familiar with them. Again, there are many other good tools available and you should do your own homework.

HubSpot – an inbound marketing software as a service (SaaS). HubSpot allows marketers to track keyword rankings, competitor’s web marketing presence, traffic analysis, leads and lead intelligence. Recently, HubSpot added social media tracking features allowing marketers to track the impact of social media on your desired goals (such as sales leads). In the screenshot below you can see the emerging impact of social media traffic.

ScoutLabs – a social media tracking tool that allows marketers to track mentions in blogs, bookmarking sites, Twitter, photos, video and more. We like the ability to track sentiment of keywords and the ability to chart trends. Below is a short video interview with Jennifer Zeszut, CEO of ScoutLabs.

Measuring Quantitative Results
There are many factors you can measure in your social media strategy. First, make sure you have clearly defined goals. Otherwise your metrics will not be meaningful and you won’t be able to measure success. Here are some quantitative metrics you can measure.

Subscribers – watch the subscriber count to your blog(s) and newsletter grow.

Followers – watch the number of followers on Twitter or Facebook grow as well any groups or communities your create.

Mentions – track the mentions of your brand and relevant keywords to learn about conversations and decide which conversations you should engage.

Sentiment – track the sentiment of your keywords to determine what (if any) changes you should consider in your content strategy and in the tactics you use. A negative trend on a topic may give you cause to back away from that topic or to change your approach to it.

Inbound Links – links are the currency of the web. Track the number of links you’re building and where they are coming from.

Comments – study the comments being made on your blog or your Facebook and Twitter accounts. Comments could give you reason to engage or add more content on a topic of high interest.

Connections – one of the greatest and measurable factors in social media marketing is the new doors that can open up. New connections can result in speaking opportunities, media interviews, guest blog or publication articles, key introductions and new sales opportunities.

Brand Equity – all businesses should care about brand equity. It’s not limited to large companies. Using any combination of tools described above you should study the trends in your brand. Is your company name a growing keyword driver of traffic to your website? If the trends are positive, correlate that to your sales results. If you have employees with a strong social media presence include them in your brand equity study. The relationship between your employees and your brand is tied more tightly than ever before. Take Mike Volpe as an example. His blogging, speaking, podcasting and overall content creation on the web has a positive impact on HubSpot, his employer. And, btw, both Mike Volpe (the brand) and HubSpot (the brand) benefit from his efforts.

It Takes Work!
If you’re thinking, man this sounds like a lot of work, you’re not only right, you’re onto something big! Measuring results properly is not just hard work. It’s time consuming. So, where are you going to get all this time? By eliminating non-performing marketing activities! Measure all your marketing activities. If you have losers in your marketing mix (assuming you’ve been at it more than six months) scale them back or eliminate them. Many marketers report cutting back on marketing activities such as direct mail and tradeshows after measuring success in their social media strategy. BTW, attending a tradeshow can be just as effective as exhibiting at a tradeshow at a fraction of the cost. While you’re at the tradeshow you should be posting to Twitter about the people you’re meeting and the content you’re enjoying, taking pictures and shooting video interviews with industry people and posting all this content on the web to keep building your footprint on the web. Of course when you tag this content you’ll create links and build more brand equity. And, you can measure that…

To measure your social media marketing results keep at it and measure. Keep at it. Measure. Keep at it. Measure.

Developing a Social Media Marketing Strategy

Developing a Social Media Marketing Strategy
When I devoted an entire chapter in my book, Marketing 2.0, to developing a social media marketing strategy, my intent was to inspire marketers. In other words, I want marketers to avoid making the most common mistake, which is the mindset that you need a Twitter or Facebook strategy. You don’t. You need a social media marketing strategy!

Consider assembling the marketing team and your CEO and asking these questions:
•    Why do we think we need a social media strategy?
•    What is our objective?
•    What will the costs be?
•    What are the staffing requirements?
•    What are the risks?
•    What are the opportunities?
•    What are our competitors doing in social media?

Old School Meets New School
While Marketing 2.0 is a new-school marketing paradigm, there is no substitute for old-school research to gain valuable insights before you develop your social media strategy. Begin with research about your customers, target customers, competitors, resellers and influencers. Take no less than a few days (at a minimum) to study the landscape in your industry. Conduct searches in Google, LinkedIn, Twitter, Facebook and YouTube for the names of the CEOs of any company in your industry that is relevant. Include your competitors, your suppliers, and any other relevant company, including analysts and publications. This research should provide valuable insight into where your customers and relevant community are spending time on the social web. You’ll learn what they’re talking about and what groups exist by topic or by company. You’ll learn what your competition is doing or not doing. Eventually, you will gain valuable insight that will drive your social media strategy.

Why Do We Think We Need a Social Media Strategy?
This question is somewhat akin to asking, what business are we in? When you consider why you need a social media strategy, you should take some time and revisit this question about your core business.  A social media strategy serves one simple purpose; it enables your company to engage in authentic conversations with your community so you can improve your ability to attract, retain and serve your customers.

So Begin Your Social Media Strategy by Listening!
On one hand, it’s obvious why we should be listening. It’s the same reason we should be reading industry news—to stay informed. But remember that News 1.0 came at you from only one direction. The people whose job it was to deliver the news wrote it, and you read it. That’s where it ended. In News 2.0, we are empowered to participate in the story. When you listen to the comments made by people who react to a news story, you are listening to your market in real time.

If your top competitors are actively producing content in social media, your risk may be greater if you choose not to. Your absence from online conversations may damage your brand. In short, competitive pressures may influence your decision to become a content producer.

What is Our Objective?
You’ve done your research, and you’ve identified why you need a social media strategy. Now, it’s time to clearly define your objectives. Your objectives should fall into one of these categories:
•    Competitive differentiation
•    Market share growth
•    Expansion of your brand

Competitive Differentiation
A competitive differentiation strategy requires you to increase your visibility on the social web in your market segment through online content commenting and new content creation. Identify the best sources of web-based content in your industry, including vertical industry media and associations. Task a member of your staff to monitor the content and the conversations in these online communities. Identify the subject matter experts in your organization who can get engaged in the conversations in these online communities or contribute new content. Consider a blog strategy if you have the staff to devote to it. Find a voice for your organization that can become a consistent voice in your market, delivering a consistent message on specific topics. Allow this voice to be active and free with ideas and valuable insights into the things about which the people in your industry care. Remember, this is not a direct sales strategy, though your management team may view it this way. Your differentiation goal is to allow the market to see how you think, how you serve, how you listen, how you respond, and generally how you add value to your market. Talking about your products in ways that interest your community is advisable. Shouting to them about features is not. Your goal is to make it easy for others to learn how your organization is different from your competitors.

Market Share Growth
In setting out to grow your market share, you must be committed to proper staffing and producing diversified content on the social web. You must do proper planning and be willing to experiment, even if it means taking risk and failing some along the way. The objective is to attract more of your community to your organization. To do this, you need a bigger footprint on the web. If your differentiation strategy was primarily based on a blog, you may need to expand your strategy. You might commit to producing videos. Groups are available in social networking sites such as LinkedIn and Facebook and can offer very easy ways to expand your reach. Similarly, you may find groups in industry-specific social sites where your staff can participate. This requires commitment, which carries with it some staffing implications. But this can be accomplished by adjusting your staffing requirements, cutting nonperforming marketing activities and reallocating staff resources to producing more social media content.

Brand Expansion
To expand your brand using social media requires a big commitment and carries some risk. The content strategy is the key to success in brand expansion! You’ll need to decide which social media platforms to use, who will create the content, and who will be the public face of your content. Presumably you’ve done your homework to find the audience you want to reach, and you’re committed to producing the content that will reach them. You’ll need to experiment to find the right mix of content and platforms to reach your desired audience. You may find that some content is more effective than others in expanding your brand. You’ll need to take some risk and measure results along the way to determine the effectiveness of expanding your brand through social media.

Let Your Content Go
The reality is that most businesses have more content than we know what to do with. We have white papers, news releases, websites, newsletters, and countless internal documents, not to mention the brilliant but often undeveloped content residing in between our ears. The power of social media marketing lies in letting it all go. Share your content with the world. So if you have good content for your community, share it, promote it, but most of all, just let it go.

Ready, Aim, Fire
Do your homework. Set your goals. Set your content strategy. Assemble the team. Cut non-performing activities to make room for a social media strategy. Then, get started. You’ll make some mistakes. But, with good planning you’ll make fewer and less costly mistakes and you’ll accelerate your results.

I’ll write a blog post soon about how to measure social media marketing results…

Inbound Marketing Summit Uncensored

Inbound Marketing Summit – Boston, MA, October 7 & 8, 2009

I have attended all three Inbound Marketing Summit events this year, starting with April in San Francisco, May in Dallas and October in Boston (Foxboro, MA). Following are my summary thoughts of all three events.

The Inbound Marketing Summit is organized and put on by New Marketing Labs (NML), headed by Chris Brogan and Justin Levy along with a small army of smart people who don’t share the limelight but deserve recognition. In general I am a fan of this event. But, so that you don’t think I’m a totally sold-out IMS groupee I’ll share my criticisms before sharing the many positives.

IMS Glass is Half Full

These events should have been attended by three or four times the actual turnouts at each event despite the state of the economy. In full disclosure Find and Convert was an event sponsor at all three events.  But in my opinion the number of people who missed out on the educational content is too many. Considering the cost of the two-day event is only $695 with $200 discounts offered, almost anyone could afford this event. While the Boston turnout was the best of the three (about 500), it still could’ve been better. The venues for each event were adequate. The Boston event was held at Gillette Stadium in Foxboro, MA. While this venue is first class, the layout was very poor for the event sponsors due to the fact we couldn’t hear the speakers without leaving the sponsor area. This was not a problem in San Francisco and Dallas. While all the speakers were terrific, some of them (very few) think it’s perfectly okay to drop a dozen or two F-bombs during their presentations. Not…

Inbound Marketing is the New Vocabulary

With minor criticisms aside, these events truly offer marketers at all levels actionable insights into inbound marketing strategies including social media, new media, internet marketing, content marketing, measurement tools and contemporary marketing strategy in general. The pace of content delivery was terrific. NML organized an impressive list of speakers and panels, none of which exceeded 20 minutes. These short bursts of brain dumps kept the audience engaged at all times. Marketers walked away from each event with insights and ideas to act on. The agenda covered topics ranging from what is inbound marketing, to how to develop a social media strategy, to how to create viral video, to cause marketing. The range of topics enabled marketers to capture actionable ideas. In addition to the awesome content, there were plenty of networking opportunities before, during and after the event sessions. I found everyone, including all the speakers very affable.

The undisputed star of the Inbound Marketing Summit was Chris Brogan. 2009 has been a breakout year for Chris. His speaking demeanor gives you transparent insight into Chris the person, or as he would say “the human.” If you ask Chris Brogan what he does, his answer is “typist,” which is an obvious reference to his prolific content development on his blog, as well as his new book, Trust Agents, and his numerous speaking engagements around North America.

While I appreciate Chris Brogan’s insights and intellect on what I call marketing 2.0, there is another aspect of Chris which I have observed and admire very much. Chris has a big heart for charity. He is a regular guy. I have never met his family but I bet he comes from a close, loving family. I speculate that because Chris clearly loves other “humans.” He is not arrogant in any way (though some think he is). He simply loves to help people. In fact, his rise to fame is built on helping people by sharing his evangelical advice and counsel on various social media marketing topics.

But, Chris Brogan’s generosity is not limited to sharing his gray matter. Chris also shares his compassion for less fortunate people. In other words, he puts his money and influence where his mouth (actually his heart) is. Below are two video interviews I conducted with Chris at IMS events that illustrate my point.

In San Francisco, Chris explains why he shaved his head for charity.

In Boston, Chris explains how he is using his influence to build awareness for Skip1.org, a charity whose slogan is, “Skip something. Feed a child.”

The Inbound Marketing Summit is a conference chock full of great content, great people, great networking and opportunities for all marketers. I’m sure Brogan and Levy and all the smart folks at NML will put their heads together to make the events even bigger and better in 2010. I suggest you stay tuned.

Epic Change, Cause Marketing on the Social Web

Interview with Stacey Monk. Founder, CEO of Epic Change.

If you’re not familiar with this story, get ready for some goose bumps. In addition to warming your heart, this story is a great example of cause marketing with many valuable lessons for marketers.

Epic Change is a 501(c)(3) non profit organization founded by Stacey Monk and Sanjay Patel. They help social entrepreneurs who are change makers share their stories to get funded for a charitable cause. Their current project is partnered with (change maker) Mama Lucy in Tanzania to build school classrooms in the Arusha district of Tanzania, Africa. First, a little background on Stacey Monk (herself an impressive change maker).

A Life Changing  Trip

Stacey always had the inspiration to work in the non profit sector. After graduating from college, she needed to repay student loans so she joined the workforce as a management consultant working in change management. She consulted for businesses and public sector clients on this discipline.  In 2007 Stacy took a life changing trip to Africa where she volunteered at Mama Lucy’s Shepherd’s Junior school. When Stacey returned to her consulting practice, she learned that the landlord sold the land that Mama Lucy’s school was on. That motivated Stacey to act on her life long dream of working in the non profit sector. She and Sanjay founded Epic Change and took on Mama Lucy’s school as their first project.

Using the Social Web to Raise Funds

Epic Change adopted social media out of the gate as a way to reach people for donations through LinkedIn, Facebook, Twitter, YouTube. They had a zero dollar budget. Stacey started using Twitter without any idea why. She connected with interesting people around the world which couldn’t have otherwise happened. One of those people is Sam Lawrence who has a popular blog called Go Big Always.  One day Sam said he didn’t feel like writing a blog post. Stacey volunteered to write it for him. She knew that Sam has a large following.  So, Stacey wrote a guest blog post about how she is going big to build classrooms in Tanzania through her non profit Epic Change. Sam shared that blog post on Twitter and it wound up reaching hundreds of new followers. It quickly struck Stacey how she could reach many influential people through Twitter and blogging.

That experience was a huge light bulb. Stacey figured out the power of the social web by connecting with influential people who can spread the word. Stacey’s connection to Sam Lawrence was game changing. His network turned out to be a huge door opener for Epic Change even though Stacey didn’t have a personal connection with Sam. Many new donors and new relationships came from that one connection with Sam Lawrence.

TweetsGiving 2008

Stacey started spending more time on Twitter as a result of her “going big” blog post and her new found connections on Twitter. This inspired Stacey to create a fund raising event called Tweetsgiving. Avi Kaplan, a new friend she met on Twitter, wrote a touching blog post thanking her for mentor-ship and passion for giving.  She was moved by his gratitude. So, Stacey invited the Twitter community to participate to show their gratitude. She asked influential bloggers like Jeff Pulver and Chris Brogan to invite people to give thanks for whatever they were grateful for and invited them to donate to TweetsGiving. The TweetsGiving event took place over just two days preceding Thanksgiving 2008. The goal was to raise $10,000. Over $11,000 was raised in just two days! TweetsGiving alone enabled Epic Change to build a classroom for Mama Lucy’s school in Tanzania.

TweetsGiving Success Factors

Why was TweetsGiving so successful? One reason is clearly stating the financial goal of $10,000 and stating what the money would be used for (to build a classroom). The call to action was to donate $10 for one brick. All the donators are listed on the wall of gratitude in the school.  The wall of gratitude was painted by local artists.  It reads: “This classroom was built from gratitude…Thank you!” All the donors are listed by their Twitter handle as shown in the picture below (that’s my Twitter name in the callout).  The entire classroom is enveloped by the wall of gratitude.

Five classrooms have been built as of this writing. And over $75,000 has been invested to secure land, a school bus, install flushable toilets and implement solar power. Over 300 children are now attending the Shepherd’s Junior school under Mama Lucy, which is triple the size since the beginning of the project! Equally important, this model is now proven which allows it to scale. Mama Lucy has also been certified now in national exams. Her school recently scored #1 out of 117 schools in their district in Arusha, Tanzania!

Building a Technology Lab is Next

An online vote has been mobilized to build a technology lab. Twitter people got involved in the voting along with the local people in Tanzania by going to internet cafes in town to cast their vote to get the funds for the technology lab. For many of them it was their first experience using the internet and they got to use it to vote to get more resources for their local community. On Stacey’s next trip they will teach people how to use the internet. The local people in Tanzania will also get to participate in TweetsGiving 2009.

TweetsGiving 2009

I asked Stacey about plans for TweetsGiving 2009. She was not ready to announce the financial goal when I conducted this interview. But, I’m sure we’ll learn about it very soon. She assured me the goal will be bigger than the 2008 goal. And, I have no doubt it will be exceeded once again.

Experiment that Paid Off

Stacey Monk’s story has so many inspirational lessons for us as humans and as vocational marketers. The main lesson I want to emphasize for marketers is to be willing to experiment. When Stacey launched TweetsGiving 2008 she didn’t know what to expect and she wound up exceeding her goal. She reached out and engaged influential people who helped her exponentially reach many more people. Stacey also produced content every step of the way. Her most successful content was user generated content, especially content that is produced in Tanzania in the way of photos and video.

Inspiration to Others

Many others have been inspired by Epic Change including me. I wrote a story about Epic Change in my book, Marketing 2.0.  Shel Israel has also covered Epic Change in his book, Twitterviille. Stacey was invited to speak at South by Southwest Conference where she learned that others have been inspired by her as a result of TweetsGiving. Many are frequently reaching out to Stacey for advice on raising funds on the social web for a charitable cause.

Stacey’s Advice to Marketers

Stacey is very grateful for the attention she has received, not for self serving reasons, but rather for the positive impact it’s having on Epic Change. Stacey advises marketers to consider partnering with charitable causes to make a difference. Along the way, you can reach influential people who align with the charitable cause. When for-profit businesses adopt a cause marketing mindset there are several winners. One of them can be the marketer. But, the biggest winner is the cause.

Thanks for advice Stacey!  I can’t wait to hear about TweetsGiving 2009.

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