This mindset from my perspective – is sure to provide you with a way to connect not only your target market – but also connect all of the social networks that you participate. You can  ensure that you include all of the different types of communicators in a way that is authentic and true to them. I came across an article today that talks about a bakery business, that has done just that. They have connected several of the social networks they participate – so that they include everyone – where they  most like to reside. Clever. The article comes from a blog Marketingsherpa and is written by Adam T Sutton. The company Panna Dolce is located in Chicago, Ill. For all you dessert lovers out there, they specialize in macaroons!

The results are pretty impressive. They say that “The team estimates 35% of ecommerce sales come from referral traffic from social networks. That number jumped to about 50% during Valentine’s Day. Also, the team’s work is earning them valuable business contacts.”

If you think about it – it really comes back to the basics. Some people love to text or email. Others like to communicate via social networks and then there are those like me – that still like to pick up the phone. I know myself I tend to try and communicate with people in the way they like to engage – for ease of connection and relationship building too. Many businesses have yet to grasp this multi pronged approach. How many ways are you engaging with your customers?

Best Nicole

When working in social media, many marketers stick to a few areas, such as Facebook, Twitter and blogging. Justin Greis, Owner, Panna Dolce, chose a broader approach.

The Chicago-based French maracron, cookie and brownie bakery relaunched in December 2009 after perfecting their macron recipe for five years. Now, they have a blog and also work in Facebook, Twitter, Vimeo, Flickr, YouTube and other networks.

“We don’t discriminate,” says Greis. “We found there are different types of people who connect through different types of networks, and the more we’re connected and linked up through a central hub, which ends up being our blog and our ecommerce site, the better.”

Amazingly, Panna Dolce’s three-member team is able to keep content fresh in all these networks while maintaining their business. They do so, in part, by connecting as many accounts as possible, so a blog post becomes a tweet, a video becomes a Facebook update, and so on.

“We haven’t seen a lot of interaction on our blogs. But when you link your blog to Facebook, when you like it to Twitter, when you link it to YouTube and Vimeo, you connect with people the way they want to be connected to — and that is absolutely essential.”

The team also generates content by partnering with and writing about relevant sites, as well as covering their own:
o Charity work
o New flavor launches
o Events attended
o Press mentions

The team’s website, powered by Volusion, enables shoppers to share links to their product pages, further increasing their content on the  networks.

All this work is paying off. The team estimates 35% of ecommerce sales come from referral traffic from social networks. That number jumped to about 50% during Valentine’s Day. Also, the team’s work is earning them valuable business contacts.

“We’ve had several offers from big retail department stores that are tasting our products right now to see if they want to pick them up. We’ve had a lot of interest from bigger boutique grocery stores…All of those contacts were made through [online social networks].”

Everything you do to market your product and or services - is ultimately to drive people to your website and have them convert to a buying customer that comes back many times. This can also be said of the visitor who comes to your bricks and mortar business. Leveraging your website or social networking community to drive sales - not only via your website but also to your retail store is the goal for most.

One of the long standing difficulties and reasons for skeptics in the digital world - is the lack of success with attaining those sales conversions. Finding the right ways to connect with your target market as well as understanding the strategy - behind search words and phrases -will you get that customer to your site - so you can show them you have what they need.  When that visitor gets to your site - via the high ranking - that you have attained through strategic and well planned search word and phrases via Google – you need to keep them on your site. You want to excite them so that they want to stay – and be able to easily and quickly, show them that you have what they need or are looking for. 

I came across this excellent article that speaks to 2 ways to do that. DMN News posted an article that provides 2 ways, that you can ensure you make those conversions of visitors to your site - into customers that purchase and return to purchase regularly. Author Pam Foster explains what conversion means and lets you know in a quick and simple read - that you can have the highest ranking in the world and send visitors to your site – BUT- if you are not converting them into a buying customer then all your search efforts are for not.

STRATEGY is always the name of the game in all of the digital marketing and advertsing planning. The end result is always the sale – getting that person to convert from a visitor to a paying customer. So what is your strategy going to be in 2010 – 2011?

Best Nicole

What exactly is a Web site conversion, and why does clear, customer-focused Web content make such a difference?

First, a definition of web conversions:

Let’s say target prospects arrive at your Web site via a Google search result, an email or other means of driving traffic. If they’re delighted with your site and they find exactly what they’re looking for, they’ll take the next step to make a purchase, subscribe to your service, download a free trial, become a qualified sales lead, etc.

Through these actions, they are converting from a prospect to an active customer in some way.

The goal of most business Web sites is to convert as many site visitors as possible into paying customers and ideally improve conversion rates over time.

Now for the second part of the question: Why does clear, customer-focused web content make such a difference regarding conversions?

Many companies know it’s critical to use keywords in their content to drive great results in search engines. Sadly, many of these companies achieve top Google rankings without considering what happens next.

Top search rankings do not equal conversion success.

Here’s a hypothetical example. Let’s say you search for “narrow tap shoes” in Google. The top result includes “narrow tap shoes” in its page title and description.

Then you click on the Google display, land on the company’s Web site, and find “narrow tap shoes,” simply repeated several times throughout the banner, headline, main text, footer, etc. The copy itself is practically unreadable.

Unfortunately, this keyword-stuffing strategy is focused on traffic, but it doesn’t help you find what you need; narrow tap shoes.

In addition, the company’s messages are all about how great they are. “We’re the world’s leading tap shoe company … we’re number one, we we we” (you get the picture). There’s very little content about solving the visitors’ need.

You can bet that prospects find no value in this kind of web content and they abandon the site as quickly as possible, looking for someone who can truly help them. It might be the company that shows up #3 or even #7 in Google results.

Therefore, it’s important to keep this approach in mind if you’re focused on developing web content that converts:

1.     Make sure your web content weaves in the 1-3 most relevant key phrases on any given page in an ethical, helpful manner, and

2.     Make sure your web content includes information that’s 100% focused on solving your visitors’ needs. Make it easy for them to convert into customers!

Yes, Google and other search engine results are very important. But they really only matter if your web content converts visitors into customers.

On the blog Mediashift, Author Nick Mendosa did an interview with Doug Neil of Universal Pictures. One of the questions he asked was ”What do you think is Universal’s most successful digital marketing campaign to date — whether defined by online buzz, consumer participation, box office or other metrics?” “Fast & Furious” and “Bruno” were two of the most successful campaigns this year. “Fast & Furious” had over one million Facebook fans by the time the film opened. In addition, the content that was released — trailers, photos, clips, an iPhone game — had significant traffic. Similarly, “Bruno” built a tremendous community online — 700,000-plus fans on Facebook, 350,000-plus friends on MySpace, 60,000 followers on Twitter — which demonstrated the interest in the film and the character.”

In June 2009, E-marketer had a report titled “Digital Media Meets Entertainment”, which explores the three pillars of entertainment: music, movies and video game. Which “are all facing disruptive changes prompting them to explore opportunities in digital distribution, digital marketing and social media.” The report analyzes the the usage and economic trends that are fundamentally altering the ways consumers spend their leisure time—and money.

“With these dynamics in play, all three industries are adopting new business models centered on digital content and distribution—and social media is a key link in the chain.”

Cisco’s Media Solutions Group attended conferences around the US that focused on “Discussions About the Social Entertainment Experience.” In this article, which included the E-marketer stat that I provided above, “is an excellent chart that demonstrates how artist driven communities like allseanpaul.com develop over time—how the artist/fan relationship develops given the social media tools that allow a two-way dialogue between artist and fans. Again, it’s about content and how the technologies that facilitate artist to fan relationships enable further commerce, and fan engagement. The blog Hit Singularity offered a nice chart below that illustrates that point.”

Our experience (along with the knowledge I gained while writing this post), points to how necessary it is (particularly for those in the business of promoting) to manage all of these platforms and to track fan engagement. Which will also help to decipher how social media leads to ROI for whatever your goals may be. This could include listening to your community, promoting a movie, album or event, creating an audience for an advertiser and so much more. Add to that an understanding of your target market’s social computing behavior so that the channels you are using are the ones that will be utilized. A lot of food for thought….ultimately the social entertainment experience has clearly become a joint partner in capturing a consumers attention. Wonder what my 14 yr old early adopter will be messaging me next!

Best Nicole

That excerpt taken from Seth Godin’s post is the key to success. The success of building a social media campaign means speaking to the right people you aim to target—to ensure that you get the results you expect and, better yet, exceed those results.

If the community you feel you are building is not spreading the word the way you expected, it is time to go back and figure out who actually is spreading the word.

Best Nicole

Who spreads your word?

In order for an idea to spread, someone has to do the spreading.

In the dark ages (ten years ago), the only way to spread your idea on a large scale was to do it yourself. Lots and lots of ads.

Today, marketers get all sweaty thinking about how this happens magically, virally, for free. If it were only that easy.

What’s interesting to me is that different products and ideas are spread by different groups of people. There isn’t just one professional association of idea spreaders, with everyone else being passive.

If your authentic little Welsh restaurant gets hot, it’s going to be because the chowhounds, the folks who love to talk about the next great place, are buzzing about it. On the other hand, if your blog gets a lot of traffic, it might just be because a few of the digerati are going on about it, spreading the idea.

This is obvious, of course.

But what you are you doing about it? Have you figured out which portion of your user base are the talkers? Is it possible to focus your development efforts on actually making something that they like? Or, are you confusing the people who talk about your competition or about other industries with the people you need to reach? Might not be the same tribe…

The #1 cause of an idea that’s not spreading or a business that’s not growing is that they don’t have a committed group of people spreading the word about them. If you treat everyone the same, you’re not increasing the odds that some people will step up on your behalf.

This is the first question to ask someone who is frustrated at the rate their idea is spreading. “Who are you hoping will talk about you?” If you don’t know, it’s unlikely to happen all by itself. On the other hand, if a marketer is smart about finding, courting and delighting the group most likely to spread the idea, it’s time well spent.

Best Nicole

“There’s so much talk about social media that it is easy for people to become cynical, perhaps losing track of the fact that it can have a positive impact on your business.”

So how can you determine whether a social media strategy is proving beneficial to your business? How do you know that it is working out for you? And is now really the best time to find out?

Rather than focusing on individual social media campaigns, I’d like to look at social media measurement from the perspective of a business that a) buys into social media, b) commits to it over a period of time, and as such c) has an integrated social media strategy. You people know who you are!

Let it breathe

The key with social media measurement, I think, is to stand back and take a widescreen approach to measurement. 

Rather than focusing on the smaller, campaign-specific metrics, such as traffic from Twitter or the number of fans on Facebook, wouldn’t it be better to look at how it helps to shift the most important business KPIs, such as sales, profits, as well as customer retention and satisfaction rates?

To do this effectively, you’ll need to give your social media strategy time. Like a good wine, it needs to breathe. In doing so you will be able to look at your overall business performance, as well as the performance of your social media campaigns over the duration. 

Take the Skittles campaign. I called it ‘brave’, ‘amazing’, ‘sensational’ and ‘ballsy’. I still think it is all of those things, and I’ll think that next year even if it fails miserably. It was a big move. But nobody yet knows for sure whether giving over a brand’s entire website to consumer-powered media channels is a smart move. Only time will tell.

Social media vs TV advertising

Here I want to make a small point on accuracy, and attribution. I firmly believe that if you can spend tens of millions on TV ads and make any kind of sense out of that investment, in terms of TV ads helping to boost sales while increasing the key brand metrics, then you can make sense of your (much smaller) investment into social media. 

TV campaigns can run for a long time, and the effects on the business are a) not known immediately and b) possibly overstated. Hindsight is a beautiful thing, and advertising executives (and creative agencies) like to take credit for improving sales, when really these sales might have little or nothing to do with TV ads. Attribution is one thing, but knowing that something works is entirely different. Social media appears to be a mixture of the two.

Maybe we can create a model for scoring the performance of social media, or for splitting up attribution by channel, but the truth is that there needs to be some room for manoeuvre when making sense of things. There are few absolutes in measuring advertising campaigns, if you work outside of paid search. You can far more accurately measure social media than you can a TV ad, but like TV advertising, or PR for that matter, there has to be some scope to play around with attribution.

Like TV advertising, social media will play a role in moving brand metrics, and perhaps more so (it is easier to make a noise and to be socially active; there’s an anytime, anywhere factor at work here. And hey, shit sticks around longer when you throw it online). There is a huge viral factor with social media sites (behold ye retweeters). You can really see word of mouth in action on social media sites, and as such there is less guesswork involved when measuring the results – less extrapolation is needed. If 500,000 consumers start saying good things about your brand, with few dissenters, then surely it is fair to say that brand favourability will have improved?

If brand indicators matter, or if you subscribe to the AIDA model, or if you care enough to undertake research to find out your own brand metrics (PDF), then by all means factor in your social media efforts when attributing the success of your overall marketing campaigns.

Take a snapshot

Before you start the clock it is a good idea to benchmark where you’re at…

1. Make a note of the obvious numbers (number of Facebook fans, Twitter followers, Digg links, Delicious bookmarks, and referrals from social media sites, plus existing website traffic).
2. Make a note of the less obvious benchmarks (such as SEO rankings and referrals, customer satisfaction scores and other business data). 
3. Make a note of ROI benchmarks. How much are you paying to acquire customers via other marketing channels? How vast is that advertising budget, and how is it being split up? And what proportion is being directed into channels that you cannot accurately measure?  

After that make sure you’re doing the right things. There are lots of social media experts handing out lots of advice for free. There are all manner of social media agencies out there that will help you, if you don’t have the appetite to do this in-house. And there are sites devoted to measuring social media. Get some, get some.

Measuring the effects of social media in 10 steps

1. Traffic
This is one of the more obvious ways of measuring social media. Remember that quality often beats quantity, though not always (as many CPM-focused publishers will surely testify). 

2. Interaction
Participation is a valuable indicator for many publishers (and brands). It says something about the kind of traffic you are attracting. Remember that an engaged customer is a highly valuable one. Interaction can be anything from leaving comments, to participating in support forums, to leaving customer reviews and ratings. It can happen on your website and on other websites. Keep your eyes and ears open!

3. Sales
We at Econsultancy are tracking sales from organic Google referrals and also paid search. It didn’t seem like much of a leap to track other channels, such as Twitter. Try it. Dell did, and discovered that it made $1m from Twitter in 18 months. Blendtec’s ‘Will It Blend?’ campaign on YouTube helped to drive “a five-fold increase in sales”. 

4. Leads
Some companies simply cannot process sales online, because their products or services do not allow for it. For example, the automotive industry, which tends to measure the effects of its online ad campaigns by the amount of brochures requests, or test drives booked in (as opposed to car sales, which is, in marketing terms, an altogether more macro effort). B2B operators are in a similar position. If you are a consultant and spend time interacting on LinkedIn Answers then there’s a way of tracking that activity to enquiries about your services. The same applies across the spectrum of social media sites. Choose your weapon, thought leaders.

5. Search marketing
The SEO factor cannot be understated. Social media can be far more powerful in this regard than you might initially imagine. For example, a well-placed story / video / image on a site like Digg will generate a lot of traffic and a nice link from Digg itself, but the real win here is that it will generate a lot more interest beyond Digg. Bloggers and major publishers are following Digg’s Upcoming channel to unearth new and interesting stories (Sky News now has a Twitter correspondent). One link and 20,000 referrals from Digg might lead on to 40,000 referrals and 100 links from other sites. The long tail, in action. 100 links means that your page might well wind up being placed highly on Google, resulting in lots of ongoing traffic. Remember too that you can use sites like Twitter and YouTube to claim valuable search rankings on your brand search terms (‘social search optimisation’).

6. Brand metrics
Word of mouth and the viral factor (inherent in sites like Twitter, Facebook and Digg) can help shift the key brand metrics, both negatively and positively. These include brand favourability, brand awareness, brand recall, propensity to buy, etc. Expensive TV ads are measured in this way, so if these metrics are good enough for TV then they’re surely good enough for the internet? Positive brand associations via social media campaigns can help drive clicks on paid search ads, and responses to other forms of advertising. We know that TV ads boost activity on search engines, resulting in paid search success stories, so I’d bet that social media can do the same.

7. PR
The nature of public relations has changed, forever. The last five years have been largely about the traditional PR folks not really being able to figure out the blogosphere. But if PRs cannot control the bloggers, then how on earth will they handle consumers? The distinct worlds of PR, customer service, and marketing are fusing. Twitter means everybody has a blog these days, and somewhere to shout about things to their friends (and beyond). Social media sites are the biggest echo chambers in the world! In any event, if you can measure PR (beyond adding up column inches and applying a random multiple to the equivalent size on the rate card!), then you can measure social media.

8. Customer engagement
Given the prevalence of choice, and the ease with which consumers can switch from one brand to another, customer engagement is one of the most important of all metrics in today’s business environment. Engagement can take place offline and online, both on your website and on other sites, particularly social media sites. Customer engagement is key to improving satisfaction and loyalty rates, and revenue. By listening to customers, and letting them know that you are listening, you can improve your business, your products, and your levels of service. The alternative is to ignore customers, which sends out a terrible message. Our research found that an engaged customer will recommend your brand, convert more readily and purchase more often. 

9. Retention
A positive side effect of increased customer engagement – assuming certain other factors in play work in your favour – is an increase in customer retention. This is going to be a crucial factor in the success of your business in the years to come. Make no bones about it: we are moving into an age of optimisation and retention. Watch your retention rates as you start participating in social media. Over time, all things remaining equal, they should rise. Zappos, which is a case study in how-to-do-Twitter (and active on MySpace, Facebook and Youtube), is closing in on $1bn of sales this year, and “75% of its orders are from repeat customers”. Go figure, as they say.

10. Profits
If you can reduce customer churn, and engage customers more often, the result will surely be that you’ll generate more business from your existing customer base (who in turn will recommend your business to their network of friends, family, and social media contacts). This reduces your reliance on vast customer acquisition budgets to maintain or grow profits. It makes for a far more profitable and more efficient organisation. I really hope that more businesses will find a better balance between acquisition and retention, sooner rather than later, from a resourcing standpoint. Too many acquisition strategies appear to be ill-conceived, are not joined up (both in terms of marketing and also operations), and as such are ripe for optimisation. Plug the leaky bucket and you won’t need to turn the tap so hard to top it up. And remember that old adage about it being cheaper to keep existing customers than to seek out new ones.