Posts Tagged ‘Brand strategy’

Are You Doing Social Media Right?

Friday, November 15th, 2013

imageWhere there are people, there needs to be marketing, and not just marketing, but the right kind of marketing, in a right way. This is when brands explored the opportunities lying under the broad umbrella of social media to build strong relationships with their consumers. Brand marketers saw social media as the best medium for showcasing their marketing objectives and deliver a long term promise to their consumers. But, have you ever wondered that where are those promises made by brands now? Well, it’s evident that most of the brand marketers are still not doing social media the right way!

If looked into deeply, social media for brands has been around for long internet years, and it will remain. But have the brands explored its potential enough? Think again! If you as brand managers are still wondering what this means the answer to that is a lot more can happen.

There are a lot of reasons why brand managers are still doing social the wrong way. There is still an air of confusion existing amidst the social media strategies implemented by brands. Let’s see what are those reasons or confusions, what brands are doing wrongly and what brands should actually do.

imageThe meaningful brand message: Most of the brands and their brand managers think that their brand consumers consider and care for their brand as much as they do. But surprisingly this is not the case as they actually spend a large percentage of lesser time thinking about your brand in reality. Maybe they do not want a relationship that you want to build with their mindset and behaviour. Maybe they are just looking at your message and not grasping it with interest. Infact, brands should think about evolving with content that turns out to be meaningful for its consumers even at the time when they are not thinking about it.

Are we talking too much about ourselves? On social media, it undoubtedly becomes impossible for us to talk about anything but ourselves. As brand managers, have you ever wondered what leads to zero or little engagement on social media? Well, talking only about ourselves is one reason. The idea of marketing a brand combines positioning it and promoting its unique selling point across the social platform. Brand specialists are good at this as they know the in and out of a brand; what consumers need etc. But, when you ask a marketer to do something like this and talk about their consumer’s requirements and what they actually want, it is not easy for them. So, ideally brand managers have the power to do it right. Are you doing it right?

Too many cooks spoil the broth! Indeed it’s true in case of social media content that goes out these days too. The amount of approvals a piece of content has to go through, by the time a post actually goes out it looks completely different than how it was designed. There are brand managers who make an effort to post content that relates to the consumers, their behaviour and their mindset; but at the same time there comes someone who takes a decision to keep it on the lines of selling (not forgetting the legal, ethical & leadership standards). This is where the post takes a form of something that does not stand relevant to the consumers but only to few. Therefore, it is very important for brands managers to get everyone & everything related to the brand message associated with the social strategy.

imageDo you follow the ‘proper planning prevents poor performance’ strategy? Think again!
If you step into social media without a plan then the above mentioned reasons are most likely to occur. Entering the social media world with no plan is like doing everything in a traditional way; just talk about the brand, let people look at it, put a stamp of proof which later invites low engagement and then let everybody consider social media of no use. Yes, you got it right! Social media does not work without a plan. You need to clearly understand what your consumers need from you and also what identity you want your brand to create on this media. Design a content strategy that defines your vision and supports your consumer’s needs.
(Image courtesy: freedigitalphotos.net/Design: TheWordPro.com)

In a nutshell, the things brands might be doing it all wrong on social can be because of:

  • · Lack of strategy
  • · Great expectations without consistency & effort
  • · Non realistic goals
  • · Considering social media as a low priority
  • · Thinking that anyone can do it is completely wrong. Will you ever hand over you car keys to somebody who doesn’t know how to drive? No, right? Then why do you do this with social media?
  • · Posting stuff in large intervals, maybe in weeks etc. to mention a few.
  • So when you sit and analyze these above mentioned reasons, do make sure your social media marketing efforts drive traffic to your page; expand your fan base and initiate conversations. So make sure you do not mistaken social media as a sales tool and use it to its full potential in the right way. Do share your thoughts in the comments below.

Thinking Beyond Marketing

Monday, October 15th, 2012

corporateEnough has been raved about social media in the highest chambers of corporations in the past few years. While some of them are still in their nascent stage and undergoing an induction in terms of understanding of how this platform has to be utilised, others have steered ahead to employ meticulous strategies to augment their organisational objective.

The use of social media by the corporate world has proliferated to great extent in terms of marketing efforts. Having said that, it will indeed be really myopic to limit the scope of social media to just that. With the ultimate objective of growing business and sustaining growth at the back of any organisation’s mind, let’s look at some of the ways in which firms could make the most of social media:

Think beyond core marketing:

Social media is seen by most corporations as a marketing initiative and less of a brand execution strategy. While its role in marketing is critical and undeniable, corporations need to focus more on the delivery of service. Customer service, in this regard, is increasingly gaining more prominence as today’s fans (customers) on the brand page of a platform are expecting prompt assistance. This can only be realised when those in the head of the organisations consider employing social media more as an extension of brand identity rather than a mere marketing platform.

Put your eggs in select baskets:

Although keeping tabs on the customer pulse is important, having a presence on multiple social networking platforms to lap up all-one-can-get is not quite the smartest of moves. Rather, investing more time, money and energy in select channels could prove to be more worthy and effective.

What this means for the company is that it enables them to use their resources in a more focused manner besides letting them exercise more control over the messaging and addressing customer concerns in the process of building on engagement. For instance, most companies would have a Facebook brand page as a primary social network, followed by twitter for real time connection. YouTube provides for a video back-up. Add to this a corporate web log and get the ball rolling. This works just fine for some of the established corporations. For start-ups and small-medium scale enterprises it might not always be a feasible model to pursue. It becomes more so important for such firms to have a limited presence as it offers scope to amplify the roots and processes within a select set of channels.

Specific and not generic:

In order to grow business it is important to identify the areas within the existing social network of platforms that have something collective yet new to offer. Relying on users to share and spread the word about a firm’s product is a norm for most established firms. Due to their popularity in the industry and a known history of customer relationship, it is possible to reach out to a wider base. But, how about the not so established corporations? For them it is advisable to redirect their messaging to parts of conversations that hold that are more specific. Say, have a website or a link to direct customers/fans/networked users to a specific post, update, tab, tweet etc. would yield a much higher impact. This when substantiated with offers and incentives will lead to a higher response rate.

Partnerships beyond the community:

While we all understand that engagement is crucial to most organisation’s well-being and an essential part of the marketing process, it only does constitute an organic growth. It shouldn’t come as a surprise that for many small or small-medium scale enterprises, even in social media, a lot of focus is on inorganic growth and why shouldn’t it be?

Corporations of diverse sizes have to set aside their resources and allot them to new business development rather than only focusing on community management on certain specific social networking sites. It is wise to encourage and build upon partnerships with other entities. With an array of tools and social media platforms available today, to forge a relationship with people and organisations of credible reputation is not that hard either. For starters, small firms could tie up and contribute to bigger firms and gain visibility among the larger audience/customer base. For instance, Linkedin, one of the foremost social networking platform for professionals can give access to other organisations and grants scope to associate and keep an eye on what others, both competition an market leaders are doing in the social space. With time, this will only add to an increased visibility and chances of acquiring a possibly larger customer base.

Mix mechanism for hiring:

That a whole lot of companies are using social media for hiring and recruitment to a certain extent is perhaps not an alien fact. But, due to the delicate nature of the processes involved (screening) it becomes highly volatile for the human resources to tread this path carefully.

Firms, who use social media to hire, need to have a mixed mechanism in place. The initial process of scanning public profiles of prospective candidates needs to be followed up with manual reference checks. Relying solely on social in this area could save a firm from facing legal charges based on discrimination. With sites such as Linkedin and Twitter, the ideal way to create a prospective talent pool is to first get them to follow the company. Once, they show interest it’s easy to target them with messaging that are job centric. In fact this is an ideal opportunity to showcase an organisation as an employer of choice by sharing specific internal news and events.

In your knowledge, how do you think corporations are using social media in their various aspects? Are you aware of any new facet that could have gone unnoticed? Let us know. It is only through mutual sharing that we collectively grow.