Social Media Marketing for Chiropractors

 
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Social Media Marketing for Chiropractors

Dr. Patrick MacNamara is a licensed chiropractor.  In this podcast, Dr. Mac shares how his chiropractic education didn’t prepare him for the business world. Early in his practice, he struggled with marketing.  He learned about Affordable Management Consulting, aka, AMC. He hired them and his practice exploded. Eventually, AMC asked him to join them to help other chiropractors explode their business. Dr. Mac was inspired by a report from Richard Telofski.  It said that less than 1% of chiropractors blogged. And, only one third of them were effectively using their blog to grow their practice.  That’s when Dr. Mac realized that chiropractors needed help with their social media strategy.  He began studying social media by following podcasters and bloggers like me and others. He read my book, Marketing 2.0, and has been a loyal listener of my podcasts since the beginning. He launched his Next Generation Chiropractor blog in April 2009. His blog targets the next generation of chiropractors, comprised of those just coming out of school that will more likely embrace marketing 2.0. Dr. Mac is also active on Twitter.

One-to-Many Effect

Dr. Mac fell in love with the idea of helping the chiropractic profession. Dr. Todd Osborne inspired him when he said that when you treat patients, you can only impact the patients you treat. But, by teaching chiropractors to market themselves more effectively he can impact more patients than he could ever impact in his own practice. It’s a one-to-many, rather than one-to-one effect.

Marketing to the New Generation of Chiropractors

As chiropractors have become more aware of social media, they are finding Dr. Mac through his blog. But, there’s a long way to go. The new generation of chiropractors spend more time online than more established chiropractors.  He’s trying to bridge the gap between the traditional marketing mindset and the new marketing mindset for chiropractors. His blog is the primary bridge for Dr. Mac. He quickly points out that the marketing that worked in the past for chiropractors (Yellow pages, direct mail) doesn’t work as well anymore. Dr. Mac has stepped up to the plate to help other chiropractors make the transition to Marketing 2.0.

Those Who Get It Never Go Back

Dr. Mac shows empathy for his peers in chiropractic care. He views his role as helping them expand the way they think. Once they expand their thinking, they can never go back to the previous way of thinking. The mindset shift for chiropractors is imperative. Dr. Mac does 4 to 6 hour presentations on how to market a chiropractic practice, then provides a webcast version as a follow up resource. He’s also available as a resource to chiropractors to answer questions.  The chiropractors that embrace the new marketing mindset come to understand it takes work and commitment. Many chiropractors have seen other chiropractors succeeding with inbound marketing, which inspires them to keep at it.

Success Stories

Dr. Jon Heins was one of the first that interacted with Dr. Mac on his blog. He developed his blog and within about three months he experienced a 20% increase in his business by sharing his blog content and using his Twitter account to engage with the local community. He followed all of Dr. Mac’s advice including techniques such as using hashtags and creating SEO friendly blog content.  He has moved full speed ahead down the Marketing 2.0 road.

Dr. Todd Sullivan is found online primarily through his blog. He has worked hard at consistently creating content, and being a good listener. He’s a young chiropractor, just five years out of school. So, the Internet is native to him. He also uses video marketing. His organic SEO works well from his online press releases and article marketing. His number one source of patients is referrals from medical doctors. His second highest source of new patients is from his blog, i.e., his inbound marketing strategy. His patients are likely to share his content and spread the word because so many of them are online.

After doing a presentation in 2009, Dr. Mac was approached by a chiropractor who said he didn’t fully understand all the Marketing 2.0 techniques. But, he was slowly implementing a strategy through his Facebook fan page. He had already experienced an influx of college students coming in from Facebook. It turns out his office is located across the street from a college campus. Traditional marketing wasn’t bringing in college students. But, his Facebook fan page brought the college students in the front door.

Dr. Mac’s Advice for Chiropractors

Dr. Mac advises chiropractors to develop a strong presence online. Get out of the 1.0 web world. Become interactive through a content hub starting with a blog. Share your blog content through other channels like Facebook, Twitter, LinkedIn and YouTube. Identify the demographics you target.  Refine your content to appeal to the niche of your target demographics, e.g., young patients, older patients, etc.

Dr. Mac quotes Steven Covey: “Technology is a wonderful slave, but a horrible master.” Dr. Mac’s purpose at his Next Generation Chiropractor blog is to train chiropractors how to use this wonderful technology available at our fingertips to increase their practice in order to use it to treat more patients.

I hope you’ll listen to the entire podcast recording above. Just click the play button, or subscribe to my podcast in iTunes. Dr. Mac received insights and inspiration in part from my book, Marketing 2.0 and my podcasts. I am very humbled by that. If his story inspires you, let me know in the comments section.

Do You Have the Right People on the Bus for Social Media?

When I consult with businesses to develop a social media strategy, one of the most common questions I’m asked is about how to staff for it. It’s a critical question to answer. Following is a condensed excerpt from my book, Marketing 2.0 where I devote an entire chapter to this important topic of staffing for social media marketing.

Having the Right People on the Bus
Successful social media marketing requires people who understand it, embrace it, and know how to work within the culture and technology. People need to understand the lifecycle and the types of community involved in social media to better understand the opportunities and the risks.

Roles should not only be well-defined and documented, but they should be discussed in depth. Everyone on the team must be on board with his or her roles and responsibilities. Then, the heavy lifting begins. In some cases, heavy lifting has been in place for some time, but now you are in a better position to turn it up a notch with better clarity of roles. Ongoing discussions about roles and responsibilities should occur as your social media plan matures. Changes may be needed as your plans evolve.

However, what if you realize you don’t have the right staff for social media marketing? The fact is some people just don’t understand social media. Sometimes the barrier is demographic, but most often, it’s just an “I don’t get it” attitude. Worse yet, some may resist it for any number of  reasons. There are still many people who are stuck in the traditional marketing paradigm, and they are not ready to shift to the new social media paradigm.  Don’t fret—the laggards will eventually get on the social media train because the forward momentum of the culture and the technology will sweep them along. The real problem is this: what if they’re holding you back today? If you face that scenario, here are some ideas to consider.

Give It Time
Don’t force everyone to jump into a social media strategy overnight. An overnight commitment with a take-no-prisoners mentality can produce corporate culture shock. You run the risk of becoming a maverick, which can trigger counterproductive results. The best way to win people over is to approach them gradually with small but highly visible wins. Assess the people on your team and determine who is best suited to contribute to your social media strategy. People have strengths, weaknesses, likes, and dislikes. It’s your job to recognize who may embrace social media and who may shun it.

People who embrace social media tend to be social. If this sounds a bit trite, hear me out. Being social doesn’t necessarily mean being gregarious, boisterous, or the life of the party. Social people are self-confident people, even if quietly so. Their self-confidence may be limited to a specific area of expertise, but they are confident about something. I’ve noticed that some people who might otherwise shun a public social setting are often very social in online social media situations. The key is to recognize the personality attributes of the people in your organization, as well as to recognize their domains of expertise and passions, and then convince them to dip their toes in the social media waters. Asking someone to display his or her expertise or passion in a way that helps your organization meet its strategic objectives is giving that individual an opportunity to shine. For some, it’s a new opportunity he or she may embrace willingly. Find the people who will embrace these opportunities and recruit them to your team. If necessary, move people around on your team. Along the way give people new opportunities where they can achieve tangible results and be recognized by peers and management. People who like to write and create content about specific topics and have some level of creativity or technical acuity are good candidates for your team. The bottom line is this: if you don’t have the right people on the bus, your social media strategy will not go very far. Defining the roles of the people on your team is my next point.

Definition of Job Roles
At some point, it will be wise to redefine job roles so that they reflect your commitment to a Marketing 2.0 strategy. If you consider social media marketing additive, to which employee’s plate do you add it? This will be different in each organization. In some companies, the CEO embraces social media by blogging or being active in a social network. This is a best-case scenario, because the CEO can set the tone for the rest of the organization. In most cases, you’ll need to allocate time away from one activity in order to allow time for social media marketing activities. In the beginning, always start small. It may or may not be too difficult to decide to cut back on some activities that don’t yield results. Don’t continue doing something just because you’ve always done it that way or because it always produces the same results. You do know this is the definition of insanity, don’t you?

Social Media Staff Requires a Blend of Skills
Social media staff skills require a blend of creativity, writing, organizational skills, analytics, and teamwork. A commitment to a social media plan requires a formal review of people’s job descriptions and in some cases revising job descriptions to reflect allocation of their time. A social media plan should leverage the individual talents of staffers while orchestrating them to work as a team to achieve results. As your social media strategy evolves, so should your staff’s skills, titles, the way they spend their time, and the way you recruit new team members. In the years to come, social media skills will be prominently displayed on resumes. In fact, they already are. Many hiring managers check candidates’ activities on the web to assess their subject matter expertise based on how proactive they are as a blogger and social networker before even considering them as a viable candidate.

In my book, I describe the difference between a chief marketing officer’s (CMO’s) job description a few years ago versus today. For a deeper dive into this topic and numerous case studies on social media marketing, check out Marketing 2.0. Your comments on this topic are welcome below.

@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.

HubSpot Sources of 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.

Marketing Insights…. 10 Little Lessons on Content Propagation

Billie Ginther: Marketing Manager and PR OptimizerBillie Ginther: Marketing Manager and PR Optimizer

The two pillars of social media marketing are delivering excellent content to your intended audience and building great relationships. A crucial aspect of building upon these pillars is how you share your content with others. An effective content strategy has to include a well-thought-out bookmarking strategy to propagate your content.Delivering Excellent Content to the Web

1. It Is All About Them
Focus on your target audience. Joe Pulizzi, CEO of Junta42, a content vendor and project matching service preaches that delivering consistent editorial-quality content means that you must think less like a marketer and more like a publisher. This means your content should not be a thinly-veiled company brochure but must be consistent editorial-quality content that addresses your audience’s needs, offers value, and helps begin a relationship that may eventually make them customers and friends.

2.    Quality over Quantity
There are hundreds of bookmarking sites, such as Delicious, Digg, Diigo, Mixx, Propeller, Technorati, Newsvine and Twine, that reach broad audiences. However, bookmarking sites like Smallbusinessbrief, Sphinn, Kirtsy and Slashdot are tailored to more specialized audiences. Research and choose bookmarking sites that are relevant to your audience. A specialized bookmarking site with a smaller audience that is interested in your content may have more value than a mega-site where your content may not be as easily found or read. In most cases, six well-chosen bookmarking sites will generate more engagement than 24 randomly chosen ones.

3.    Content Propagation Means Sharing
Social media content propagation is more than just submitting your content to a variety of bookmarking sites. Effective content propagation requires being social. When you sign up for a bookmarking website, complete your profile, add friends that may already be members, and participate so that you build a network within the site. Most important, submit and vote up other people’s content that you find meaningful, interesting or funny. Don’t confine your participation to promoting only your content. Comment on articles, tweet and micro-blog about the content contributed by others.

4.    Bookmark What Is Meaningful
Be sure the content you submit is relevant to the community within the bookmarking site. Submitting “How to Toilet Train Your Cat” may be wildly popular in an animal or pet community within Digg, but it might get you deactivated in a SEO bookmarking website like SlashDot. Some bookmarking sites like Newsvine will deactivate you in a heartbeat if your content contains any self-promotion or advertising. Learn the boundaries of the bookmarking websites and stay within them.

5.    Don’t Be a Manipulative Cad
The objective of any good bookmarking website is to create communities that share valuable content organically. The more an article is read, commented on, voted, forwarded, emailed and shared, the more authority that content acquires. Sharing, voting and commenting are good. Setting up multiple profiles so that you can vote up your submissions is a black hat tactic and will get you deactivated.

6.    Anything Worth Doing…Is Worth Doing Well
Content propagation is time consuming. As long as you are generating high quality content, the results will justify your time. While automated bookmarking software can speed up the process,  I have not yet found a program that works well on all platforms or allows for sharing, commenting or any of the other aspects of being…social. Investing the time to participate the old-fashioned way yields the best results. That is not to say that you should not use the tools that are at hand. Using the bookmarking or share widget found on many blog sites helps build authority for the author of the article. Helping others gain authority on great content is another powerful way to build relationships on the web.

7.    Tag…You’re It
Be sure to tag your articles when submitting to bookmarking websites. Tags are keywords that help your audience find your content when they conduct a search within the bookmarking website. Tags need to be keywords your audience uses, not your company’s jargon. Think like a member of your intended audience and use tags that will help them find your content.

8.    Patience Is a Virtue…but  Devising a System Can Speed Up the Process
We work with many clients on their social media strategy and our browsers are often opened to dozens of URLs. Too often my browser does not automatically log me in when using the share widget feature within various blog sites. Setting up a separate login on your computer startup for your bookmarking project can save you time and simplify propagating your content. Set up your browser’s automatic login feature and only use the additional computer login for bookmarking. This small step will cut the time you spend bookmarking content.

9. Measure Results
Measuring Your ResultsWhich articles resonate with your readers? Track your content, visitor traffic, traffic sources, content reach, clicks, sentiment and voice through Google Analytics as well as other marketing software systems, such as HubSpot and ScoutLabs. Discover which content has the most value to your audience and refine your content strategy accordingly.

10. Knowledge Is an Ongoing Learning Experience
Every bookmarking website has its own social network, rules and procedures. Learn the strengths and idiosyncrasies of each one.  And do not be afraid to make mistakes…it will eventually improve your bookmarking results. If you get deactivated from a bookmarking website, find out why, reread the rules and contact the website to get re-instated. And, of course, don’t do the same thing again!

Developing and taking the time to effectively implement a content propagation strategy that broadens your footprint on the web takes time but the results are well worth the investment.

As I See It…. Ready, Aim, Fire

Bernie Borges:  Chief Find Officer Bernie Borges

How many times have you heard the expression “ready, fire, aim?” This cliché is used often in business and sports when making reference to a plan that gets executed without much planning. It’s an oxymoron. Either a plan is a plan or it’s not a plan. You might as well admit that not having a plan is just winging it.

Unfortunately, many marketers have taken a “ready, fire, aim” approach to inbound marketing. Whether it’s not doing extensive keReady, Aim, Fire!yword or competitive research for SEO, or not planning out effective PPC campaigns and ad groups, a lack of planning is sure to negatively impact your results.

We find this is especially true and prevalent in social media marketing. With such growth in popularity in social media platforms including blogs, Twitter, Facebook, YouTube and LinkedIn, many marketers have jumped in with one or both feet without a plan.

Ask yourself these questions: What is your content strategy? What is your content hub on the web? Does your content strategy have C-Level support? Are enough resources allocated to your content strategy? How are you measuring results?

I’ll introduce another very common expression – the 80/20 rule. I passionately suggest that 80% of a marketer’s success on social media is directly correlated to the strategy, in particular the content strategy. And, 20% is correlated to the web communication channels you choose to implement your content strategy.

Did you notice I just renamed blogs, Twitter, Facebook, YouTube and LinkedIn “communication channels?” Don’t allow that to get past you. If you buy into this 80/20 rule of planning versus execution, then you quickly understand that the social media channels you use are your communication channels.  You understand the importance of developing a strategy – a content strategy.

In developing your content strategy, focus on your target audience. Don’t limit your target to your most immediate target demographics. Expand that circle to include demographics that interact with your target audience. Depending on your industry, that may include analysts, consultants, resellers, etc. The point is to not limit your target too narrowly. Your content should engage people in your industry in a compelling way.

Take Aim at Your TargetWhat happens when you don’t plan and you just implement (ready, fire, aim)? You might have some success. If you do, consider yourself lucky. But, you have a much greater chance of making some costly mistakes. You may attract the wrong people. You may not be prepared to direct people to the right place in your communication and create a wrong impression. For example, if most of your communications point people back to your website’s home page, and it’s not well designed to engage visitors in a way that is consistent with your social media strategy, you’ve blown it. Would you throw a party without preparing for the guests?

Marketers should avoid the temptation to dive into social media without a plan that includes research. Just as in creating any business plan, conducting research to determine whom you’re targeting, where they are, and what topics are of interest to them is crucial. Then, determining a content strategy that addresses your audience is the next step. Then, and only then, are you ready to use the popular social media tools to implement your social media marketing plan. Ready, aim, fire!

Marketing Operations 2.0: Interview with Gary Katz

 
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Click the play button or download this podcast interview. Gary Katz is CEO of Marketing Operations Partners, located in Silicon Valley. Gary has a background in PR. He developed a concept which intrigued me because it fits well with the mindset shift in my book. Gary Katz

Gary authored a chapter in my book, Marketing 2.0, appropriately named Marketing Operations 2.0. Here is the definition of Marketing Operations (MO) from that chapter.

“Marketing Operations is a relatively new discipline that can be defined as a comprehensive, end-to-end operational discipline that leverages processes, technology, guidance, and metrics to run the marketing function as a profit/value center, growth driver, change catalyst and fully accountable business. MO reinforces marketing strategy and execution with a scalable and sustainable infrastructure. MO seeks to nurture a collaborative, well-aligned ecosystem, both within and outside the marketing department, to drive achievement of strategic objectives.”

MO Delivers the Operating Plan for the Marketing Department

When I asked Gary to translate that explanation into plain English, he used an analogy which I believe does the job. Gary says that the Chief Marketing Officer (CMO) of a business is like the driver of a car. The purpose of getting into a car is to drive to a destination. The driver is responsible for the outcome, but there are many other factors that must be in place to get there. The car’s engine must be operating well. The tires must have enough air. The wheels must be aligned to drive safely.  The roadways must offer an efficient pathway. And, the driver must have knowledge of the roadways or have a navigation system for guidance. And, the car needs periodic maintenance to stay prepared for ongoing use.

Marketing Operations Infographic

MO builds a high performance car and makes sure there is a plan to get to the destination. Gary points out that MO is essentially like an operating plan for the CMO. He refers to his company, Marketing Operations Partners as a COO for the CMO. This explanation makes sense to me because the CMO needs an operational plan to manage all the marketing activities which include a myriad of marketing campaigns comprised of advertising, email, SEO, SEM, social media marketing, media relations, etc.

Gary says that MO places a lot of emphasis on alignment of messaging with the rest of the company. MO helps deal with change management for the marketing function acting as a chief of staff for the CMO to guide in effective execution of all marketing activities. In other words, the CMO is like the CEO of their business. MO is the COO to the CMO.

Accelerating the Sales Process

In my book, Gary addresses how MO can accelerate the sales process. Here are two key points on this popular topic.

1) Lead Flow: Nurtuing prospects who are not ready to buy today into prospects of tomorrow. A Sirius Decisions study indicates only 20% of leads get followed up by sales, 70% of which are disqualified. Shockingly, 80% of those leads buy from someone within 24 months.  The issue for any CMO is the pressure to show ROI in the face of so much waste.

MO offers a lead process supported by a technology solution. Many companies put in place the technology (CRM systems, tracking systems, etc.) before creating the lead development and nurturing process. Can you say “cart in front of the horse?”

2) Alignment of Sales Process with Buying Process: Since social media is meant to be a platform where conversations occur and relationships are built, new processes must be defined. Remember MO is also a mindset.  Gary was inspired from the book Think Like your Customer. He encourages marketers to ask: “How attractive are we to our prospective buyers?”

Thinking Differently

Businesses need to think differently in an environment where economic pressures ask you to close deals this quarter. Sellers have big pressures. But, buyers don’t want to be engaged in a sales pressure situation. Sellers need to get the buyer to “like you.” MO provides the roadmap for a CMO to implement marketing strategies with process and discipline.  Organize marketing activities around the customer. Break down the silos that exist in your business. Examine how the functions in your business align with marketing such as customer service, P.R. sales, manufacturing/distribution, etc. They are all part of the marketing function. If they are not aligned, those who touch the customer directly will reflect a different message or attitude than your marketing message.

Demonstrating Measurable Returns on Marketing

Using MO to measure results always comes back to the business goals. Social media is a new channel. You can measure details such as RSS subscriptions, website traffic from new keywords used in social media, names of employees producing great content, etc.  The challenge for many companies is that using social media is still new. There is no history or benchmark. The analytics usually provides indicators but not results. Executives ask the CMO how these metrics impact revenue today? In most cases they will affect revenue in the future, not the immediate present. So, it’s imperative the CMO has strategic alignment with the CEO and all other key stakeholders in the business for short term survival and long term success.

MO Take Away

Regardless of the size of your company here’s the take-away on marketing operations…How do you execute a marketing strategy regardless of individuals? How can you build a marketing organization that sets the right processes and can scale effectively as the company grows? The more you grow, the more marketing programs you run and the more challenges you will face in measuring, managing and staffing.

Companies are wise to think with an MO mindset before you get into trouble. You can’t defend your marketing budget, your people or your programs without processes. You’ll get marketing programs (or people) cut when things go wrong without MO processes in place. Often senior management doesn’t understand the value of what was cut in the absence of MO processes until after it’s been cut. Reduce your risk and maximize your long term success with an MO mindset.

If this topic interests you, you can learn more from Gary Katz and his company Marketing Operations Partners at his website, his MO blog his LinkedIn groups, and his MO presentations on Slideshare. You can also follow Gary on Twitter.

So, what’s your take away from this MO discussion?

Bernie Borges
@berniebay

Marketing 2.0: My New Social Media Marketing Book 

 
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Marketing 2.0 This podcast provides an introduction and overview of my new book, Marketing 2.0: Bridging the Gap between Seller and Buyers through Social Media Marketing, now available on Amazon.

Background

I wrote the book between late 2008 and early/mid 2009. My motivation came primarily from my experience running my inbound marketing agency, Find and Convert. We work mostly with small and medium size businesses (SMBs). Our clients are mostly niche companies. During the course of running my agency I have met many businesses who have not yet embraced social media marketing. I realized there is a gap between the seller and the buyer in today’s digital economy. Today’s buyer doesn’t want to be engaged the same way that sellers have engaged them for many years. This book sets out to help SMB business executives think of marketing 2.0 as a mindset.

Foreword

Inbound Marketing GuyThe foreword was written by Mike Volpe, V.P. Inbound Marketing at HubSpot.  Mike mentions that he and I met online and exchanged a lot of content before we met in person. He speaks about inbound marketing as being the new way for businesses to engage buyers and convert them to customers. When he researched me, he found all of my content on the web where he could get to know me and my value proposition and to begin to build a relationship with me. By the time he shook my hand the first time we met, he felt he knew me. He says he had a connection with me. This is exactly how buyers want to feel when they do business with a company.

Testimonials

I am fortunate to go to print with two terrific testimonials on the back cover. Joe Pulizzi, CEO of Junta42 and co-author of Get Content, Get Customers and Gary Katz, CEO of Marketing Operations Partners. Both Joe and Gary are outstanding marketers who were gracious enough to provide testimonials on the back cover.

Chapter Summaries

Following are some of the chapter topics and summaries. For a complete listing of the chapters visit the book table of contents.

Buyers Want to Consume Seller’s Content

Business executives should set out to produce great content, all kinds of content and present it to buyers so they can engage with you on their terms so they can begin to build a relationship with you online.

When buyers seek out new product vendors they have these two habits (hint: the same as you):

1. They search online. They may start at a search engine, but as they click around they find content across the web in blogs, forums, videos, photos, articles, white papers, directories, webinars, slide presentations, etc. None of these aforementioned locations may necessarily be your website.

2. They ask for referrals. They are influenced by other people’s opinions even if they don’t know them.

Content Marketing & Relationship Building

Outbound marketing doesn’t work anymore…In the near future the decades-old form of interruptive marketing will become obsolete. Buyers can already filter out the seller’s outbound marketing tactics. It’s only a matter of time before outbound marketing as we know it today is totally obsolete.

Significance of 2.0

In my book I provide insight into the significance of “2.0.” I provide other examples of major leaps from 1.0 to 2.0. Some of the examples I provide include:

  • World 1.0 was flat. World 2.0 obsoleted a flat world when it was discovered the world was round.
  • Software 1.0 was installed from from a disc or tape.  Software 2.0 is not installed. It’s accessed from the web and paid by subscription.
  • Music 1.0 was purchased physically on a vinyl or CD format. Music 2.0 is downloaded from iTunes and other music sharing sites.

Technology and Social Drivers

We didn’t get to marketing 2.0 overnight. There are many technology and social drivers that have evolved us to where we are now. People under 35 in the workforce are accustomed to using the social web. In time as the workforce ages the marketing 2.0 mindset will be commonplace. At this moment in history, there is still a transition underway.

Developing Communities and Engaging Conversations

Buyers are in control. Sellers must understand this to engage buyers successfully. Buyer perception is what counts. Buyers want to engage with sellers through authentic converstations, not sales pitches. Buyers want to engage through communities where people help each other. The role of the brand has evolved from marketer to collaborator.

Developing a Social Media Strategy

I provide SMBs guidelines to develop a social media marketing strategy. I call it “old school meets new school.” There is research required to devleop an effective SMM plan.

Think Like a Publisher: Content Marketing

A big aspect of Marketing 2.0 is the mindset of thinking like a publisher. Sellers should strive to produce relevant content for buyers so they will engage with your content.

Lifecycle of Interaction

There are four stages in the lifecycle of interacting with community on the web. Sellers must understand these stages in order to understand how to engage people based on the stage they are in.

Measuring Results

Measuring results in a marketing 2.0 strategy is not the same as in years past. First, it is possible. But, the methods and the metrics are different. Some web analytics apply. Sentiment monitoring also comes into play. Measuring qualitative and quantitative results are both important.

Risks of Social Media Marketing

There are many risks in a marketing 2.0 strategy. Though I list more than ten risks in my book, the biggest one is what I refer to as social media abstinence. Understanding the risks will minimize mistakes and minimize failures.

Benefits of Social Media Marketing

There are many benefits to a marketing 2.0 strategy. This chapter outlines the many benefits and how to reap the rewards. One such benefit is the opportunity to build a strong brand even if you compete with a large conglomerate who has a huge budget. The social web levels the playing field.

Staffing Implications.

There are many staffing implications to consider in your marketing 2.0 strategy. This chapter discusses how social media marketing impacts your current staff and possibly future staff. The decisions you make to staff your marketing 2.0 strategy may be different than in years past.

Social Web Platforms

I devoted individual chapters to SEO, blogging, social networking, Twitter, podcasting, video and photos. Each of these is discussed in the context that they are enablers and tools.  None of these alone is the answer.  They enable us to create content and build relationships. Of course, SEO is not a platform. I discuss the role your content on the social web can contribute to your SEO results.

Marketing Operations:

Gary Katz, CEO of Marketing Operations Partners contributed a chapter on marketing operations. Gary explains how to make the marketing department a profit center, not a cost center.

Case Studies

My favorite section of the book is the case study section near the end of the book. I researched and wrote about real world examples of SMBs and solopreneurs who are succeeding with marketing 2.0 and their learning process. Each is learning and each is succeeding. I think you’ll find the diversity of industries and approaches very interesting and inspiring.

It’s About Content and Relationships

In the final chapter, I reiterate a key point I stressed throughout the book. The new mindset of marketing 2.0 is to engage buyers through great content and to build relationships with them. This mindset is a process. The old style of marketing is on its way out. Marketing on the social web can be integrated with offline marketing using the same principles of content and relationship building.

Resources

I put together a list of good books, blogs and podcasts on social media marketing. You’ll find plenty of great resources to further your education and insights into marketing 2.0.

Bernie Borges Live at Your Events

I enjoy speaking on Internet marketing topics at industry conferences and private events. Anyone interested in bringing me in to speak can contact me.

Special Offer

At the end of the podcast,  I offer a free copy of my book. But, you must listen to the podcast to learn how you can get a free copy. No gimmicks. No form to fill out. My offer is a free copy of my book. Listen to the podcast to learn how to get it. Click to play above, or visit iTunes and search for it by my name or by “inbound marketing,” or “social media marketing.”

I sincerely hope my book is a valuable resource to you. I look forward to getting your comments through my blog or the various ways you can contact me:

Twitter: http://twitter.com/berniebay
LinkedIn: http://linkedin.com/in/bernieborges
Facebook: http://profile.to/bernieborges
Facebook Fan Page: http://companies.to/findandconvert/

Rick Short is Long on Social Media Marketing Success

 
icon for podpress  Rick Short Interview: Play Now | Play in Popup | Download (4747)

Rick ShortThis podcast interview is with Rick Short, Marketing Communications Director at Indium Corp. The interview is an excerpt from my forthcoming social media marketing book and covers the history and success of Indium’s social media marketing strategy.

Indium is a 75 year old manufacturer of electronics assembly materials. Rick has been there 25 years and has seen many evolutions in marketing during this time at Indium.

Indium Corp. logoRick started at Indium as a tech support specialist. He quickly learned that their customer is extremely educated, passionate and concerned with details. Indium’s experience with social media is about four years old. He emphasizes that social media allows us to be social with people. Indium’s culture has always been about helping people understand how to use their products in relevant ways.

Rick needed to help people at Indium understand that the tools in social media are available….No blog communication was strategy needed. This would violate social culture…Rather, they implemented a social media policy. But, they needed to convince the CEO that social media is real in B2B. To do that, Rick used this simple logic.

People talk on the phone…People email customers…People send faxes..People speak at conferences…People write in magazines…And, there are no formal policies for these methods of communication.

But blogging can live forever! Yes, but, so can the other media…It’s not a reason to inhibit the use of blogging.

Blogging is the most prevalent social media platform at Indium. The ultimate goal is to produce face to face contacts and relationships. Blogging is a version of communication that is close to face to face. It advances close contact. You can include video, photos, invite comments, post emails and phone numbers to invite customers to engage in conversations offline.

Indium now has 10 blogs with 15 people hosting them. The blogs are comprised of specific market segments to address the needs of these market segments. The bloggers write about the nuances of each market segment.

Rick has a very creative way of motivating engineers to blog. He provides inspiration them inspiration. The effectiveness of blogging has proved itself at Indium over the last four years. Blogging has actually replaced some tasks that are no longer good use of time or effective.  As results have become self evident the time management and the way you structure staff has also evolved.

Indium TradeshowAt the annual attendance of the biggest trade show of the year in North America, Indium’s content was the primary focus. The content is asset which drives sales opportunities. Indium no longer spends a lot of money with big trade show booths. They actually cut trade show spending by 75%. Instead they sent more people to the technical sessions to engage in human conversations. Although trade show attendance was down 30% Indium generated as many leads as in years past!

Rick’s mantra: Rick receives content and hands off contacts. The sales team builds the relationships that produces sales.

Measuring Results
Rick measures traffic, and other traditional web metrics. But the primary metric is how many contacts (leads) he produces for the sales department.

Rick’s advice to executives who have not yet implemented a social media marketing strategy.

  • Don’t rush to do it just because others have told you to do it. Your heart must be in it!
  • It’s ok to make some mistakes. Fail forward.
  • Begin at the end. What does your situation look like two years from now? Write it down.
  • Build confidence through education, support, relationships. Cultivate skills.
  • Refresh frequently. Challenge status quo. Are there newer/better tools?
  • Measure results.
  • Be very trasnparent. You’ll get a lot of help and support from others.
  • Be committed. Start small by listening and commit resources to taking some action.

Indium also creates videos, both educational and humorous videos. They get tons of positive feedback for poking fun at themselves. Rick say’s “people feel respected when we poke fun at ourselves.”

Indium Corp’s successes using social media are an inspiration to any business who thinks that social media marketing is only for big brands or only for B2C brands. If a 75 year old electronics assembly manufacturer with a very technical customer can have success with social media, chances are you can too.

If you haven’t listened to the podcast interview for the full story, click the play button above. Enjoy.

Bernie Borges
@berniebay

Mike Volpe Podcast Interview on Inbound Marketing

 
icon for podpress  Mike Volpe Interview [28:13m]: Play Now | Play in Popup | Download (2184)

In this podcast, I interviewed Inbound Marketing guru, Mike Volpe, V.P. of Marketing at HubSpot. Below is a summary of the podcast interview.  The interview is 28 minutes long and worth every minute (IMHO).

Inbound Marketing GuyMike has been a marketing geek for about a decade. I can legitimately call him a marketing geek because his background is in investment banking where he did marketing with a very analytical perspective.

Mike has transferred his analytical skills to HubSpot, an inbound marketing software system sold primarily to small/medium business. HubSpot is an all in one inbound marketing system that, when used to its full potential helps businesses produce more leads. Find and Convert uses HubSpot for ourselves and for our clients. We implement inbound marketing strategies for clients using HubSpot as a toolset as a one-stop-shop platform to manage all inbound marketing campaigns.

The term Inbound Marketing is a relatively new buzzword. It stems from the trend that marketing is transitioning from outbound marketing – broadcasting messages, interruption based tactics hoping that a small percentage respond – to an inbound strategy where you are doing the right things to get found and contacted by prospective customers through good content and relationships on the web. Buyers now have numerous tools they can use to block unwanted outbound marketing tactics such as caller ID (cold calling), spam filters (email blasts),  RSS readers (print advertising), TIVO (television advertising).

A survey conducted by HubSpot in January called the State of Inbound Marketing, cites several compelling findings  including:

  • Inbound marketing channels deliver a dramatically lower cost per sales lead than outbound marketing channels. The study cites a 61% lower cost per sales lead through inbound marketing channels!
  • Blogs lead other social media categories in terms of importance to business.
  • Small businesses are most aggressively allocating lead generation budgets to blogging, social media and search engine optimization.

I often ask clients how they buy products/services. The common response I hear is by searching on the Internet and asking their friends/network for recommendations. So, it’s not hard to understand why Inbound Marketing makes sense in contemporary marketing.

HubSpot co-sponsored the The Inbound Marketing Summit in 2008  in Cambridge (which I attended). This year New Marketing Labs has launched 3 Inbound Marketing Summit events. Both HubSpot and Find and Convert are sponsors at all three events. The theme of IMS 09 is Turn Strategy Into Action.

Mike Volpe wrote the foreword in my forthcoming book: Marketing 2.0. I invited Mike to write it because we are very aligned on inbound marketing strategies. Mike believes that my book will provide a tactical resource to marketers in the “why” of inbound marketing and “how” to do it, for small/medium size businesses (SMB). Of course, I agree. :)

I have observed many SMB CEOs starting to use LinkedIn and Facebook at an accelerated pace. CEOs are saying “I can’t ignore this, I need to be a part of the social media movement.”

When I speak to anyone about inbound marketing, I try to answer the question “show me the money.” There is a gap between sellers and buyers. That’s a fact…I talk about how marketers can bridge that gap. Conventional marketing is still relevant to some extent but less so. Relationship building has always been important, but now it’s important online. Inbound marketing strategies allow marketers to start building relationships online long before the prospect can become a customer.

A case in point…Mike Volpe and Bernie Borges met online before we ever met in person. When we met in person we already had an online relationship which was strengthened when we met in person. Staying in contact online allows the relationship to continue rather than relying on the traditional, but rare phone call to stay in touch. We can stay in touch easily and productively by following our respective activities through platforms like Twitter, LinkedIn and Facebook.

MC Hammer drops by HubSpot TVMike also discussed HubSpot TV, which is is a live a video stream every Friday at 4pm at www.hubspot.tv. The weekly show is hosted by Mike Volpe and Karen Rubin. They pick stories that occurred during the week. Sometimes they have a special guest (like MC Hammer who dropped by one day). The studio is in the HubSpot office and is very low cost. They originally spent $400 on a video camera and a $100 microphone.  Any company can do a live web TV stream. HubSpot hopes to add more subscribers. More guests may be coming in the future (maybe me?).

The point of inbound marketing is not about budget. It’s about taking the initiative, anyone can do it!

Predictions from Mike Volpe: Search will become more personalized over time. People will use more than search engines. For example, Facebook delivers relevant results within Facebook. Mike’s prediction is exactly what I’ve previously blogged about: SEO should become SO. This means that people need to have a presence in social media, not just in search engines as technology comes available to deliver search results across many properties on the web. Broaden your footprint on the web where your content and relationships exist on the web so you can increase your ability to be found. Search results will become more personal and will not be limited to search engines.

I will see Mike in San Francisco at the first IMS09 event.

You can find Mike Volpe on Twitter: @mvolpe

You can find me on Twitter: @berniebay

If you’re planning to attend IMS09 in any city, make sure to connect so we can meet up. If not, follow along on Twitter with the stream #IMS09.

Bruce Almighty: Exemplary Content Marketing

 
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In this podcast I fly solo to provide an interesting story about a house painter named Bruce.  Bruce is not the podcast interview type so you’ll have to hear the story from me. In fact, Bruce doesn’t know much about the web. If I talk about “social media marketing” with him, he wouldn’t know what it means.

Bruce is a successful house painter located in my Tampa Bay area. He’s been in business about 20 years. He works alone. He does no marketing. None whatsoever. He has a business card and a magnetic sign on the side of his truck with his name and phone number. That’s the extent of his marketing.

Great Content Marketing from House PainterBruce’s marketing is a combination of great content and great customer service. So, how does a house painter produce great content? I’ve said before, “let your content be your marketing.” In Bruce’s case, his content is his knowledge of quality painting, his willingness to give clients paint samples, show up on time, be courteous, be reliable, be friendly, exceed expectations and be clean during and after the painting process. The result of all this great content is that his work is outstanding and his 20 year reputation is proof.  100% of Bruce’s painting jobs are from word of mouth. If the phone doesn’t ring, he doesn’t work. And, even in a weak economy Bruce is never without work. When Bruce completes a painting job at a residential or commercial property, he cleans up so meticulously you wouldn’t even know he was there. Bruce has even been flown out of state by affluent homeowners who have learned of his reputation from a satisfied client.

What does this have to do with social media marketing? If you follow me (and my contemporary social media evangelists) you’ve heard me say that successful social media marketing is based on two pillars: great content and relationship building. Bruce’s example in an offline world transfers to marketers who are marketing online.  Bruce could produce a website displaying photos and video of his painting experience. He could list testimonials of thrilled clients. He could Tweet about his experiences, and share them on Facebook. Sure, he could share that great content online but then he would probably have to hire other painters to keep up with the demand. Bruce is pretty happy working alone, so he won’t do any of these.

But, the rest of us can learn from Bruce’s exemplary content and relationship building as we project our brand through our online strategies. Let your content be your marketing. Produce great content, build relationships online and like Bruce, you’ll do just fine..

In this podcast, I also provided an update on my book: Marketing 2.0: Bridging the Gap Between Sellers and Buyers on the Social Web. The book is at the publisher going through the second round of editing. It should be available by the end of June. I will be podcasting chapter summaries soon with my podcasting buddy Chuck Palm (@chuckpalm). Stay tuned on that…

I also will soon be interviewing interesting guests on my podcast shows. Some of my upcoming guests include Steve Tingiris, CEO of Enthusem, Justin Levy, General Manager of New Marketing Labs, Mike Volpe, V.P. Inbound Marketing at HubSpot and Susan Bratton, CEO of Personal Life Media and host of the DishyMix podcast show. Other guests include successful marketers whom I wrote about in my book. You’ll hear firsthand their stories about how they are using social media marketing in their business.

I hope my solo podcast was interesting and enlightening, if (admittedly) not as entertaining as they are with Chuck Palm. The podcast medium allows us to do whatever we want with little regard for professional studio quality (Chuck Palm notwithstanding). If the content is useful to you, that’s what matters most, even if you have to tolerate a little bit of hissing in the audio.

As always, I welcome your feedback, input and suggestions for future podcasts.

Bernie Borges, aka @berniebay

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