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Making Sense Out of Social Business

Archive for Month November 2011

7 Word of Mouth Trends You Should Know: Insights from the WOMMA Summit

This year’s WOMMA Summit proved to be one of most insightful events of 2011. Aside from tons of Vegas-style fun, networking and of course, a little casino action, the conference delivered a treasure trove of ideas and insights for word of mouth practitioners.

It was no surprise that social media was one of the hottest topics on both the conference agenda and marketplace floor. But beyond simply embracing social media channels in innovative ways, a few key trends surfaced that everyone should have on their radar in the coming year.
 
Social business is becoming a reality.
What started as the social customer and moved to the social brand has now has transformed into social business. What does that mean? Businesses of all industries and sizes are evolving their social media activities to permeate all facets of business. Adoption of social media in departments outside of just Marketing was a huge topic of discussion on multiple panels. A couple of the shining stars cited as examples of how to do this well included IBM and SAP which have worked to roll out social media corporate-wide.

Michael Brito shared the simple but poignant quote is his session “if you love your customers they will love you back. And tell others.” That not only spans the communication department but also the sales team, the customer department and any employee or area of the business that interacts with customers.
 
Curation is becoming the best friend of communicators.
We’ve heard for years now that we’re living in the information age. News and ideas are spread like wildfire across the social web. WOM practitioners should and are using this to their advantage in numerous ways. A few noteworthy ways businesses are finding and sharing content to impact business strategy include:
- Customer feedback and stories to share on branded channels or be used for aggregating insights on how to better business areas
- Relevant news that resonates with your online community
- Helpful information that provides value to both customers, prospects and members of your industry
 
Feed Magnet, a fellow Austin company, was a hit throughout the conference showcasing a great example of how to curate content in a meaningful way. By pulling in content from around the social web tagged with #womma, its displays made people stop, watch and reflect on what others were saying. In turn, the displays encouraged more activity by conference attendees who had fun seeing their personal content in the streams.

Content, content, content.
At the heart of social media and word of mouth is content. The end result of this is conversations, but that conversation is often promoted from content your brand or agency shares. News stories, relevant industry trends, product updates or personal reflections help spark this conversation. And when created or shared well, content can make the different between a forgettable or a talkable brand.
 
Creating unique experiences  
Different audiences crave different interactions. Engagement is a growing buzz word for WOM practitioners that can have different meanings to different brands. The question each should be asking is “what type of experiences mean the most to my audience?” The 2011 WOMMA Summit celebrated the leaders at the forefront of creating these experiences with their WOMMY awards. One clear trend that emerged in the area of unique experiences was that technology is playing an ever-growing role in helping to create memorable interactions with options like custom Facebook tabs and personalized applications. 

Advocacy programs.
Influence remains a big focus but actual advocacy (or action) is where the focus is shifting. Fully crafted advocacy programs were at the center of this conversation.The brands talked about them. And the agencies in attendance were helping the brands plan and implement them. The idea being that action should be the ultimate goal for brands striving the build word of mouth.

This might come in the form of soliciting feedback like Dell does for its Idea Storm or like Starbucks implemented for My Starbucks Idea. All of the examples shared during the conference had one thing in common: they engaged customers in ways that enabled their conversations to be heard and thus amplified ideas and awareness of the brands themselves.  
 
Measurement. Consistent measurement, that is. 
Experts far and wide still have varying ideas on exactly what measurements are most important for social media and word of mouth activity. Is it the size of networks and reach? Or engagement and interactions? And what about the ultimate goal of conversions? The resounding consensus that emerged from WOMMA was that each company or agency might have different measurement metrics that matter more to them. However, the key to truly measuring initiatives is to be consistent in what you measure across the business.

Operationalizing social media
After all the social media strategies, tips and examples were shared, the obvious topic left for discussion was how to make it scaleable. One successful campaign or experience is great, but operationalizing social media will be the focus, and challenge, in the near future. Lots of ideas were explored, but the three solutions that percolated to the top were policies, training and technology. Providing the protection to brands and employees, paired with guidance and technology solutions to scale activities will continue to rise in importance as social business and WOM expand.

Thanks to WOMMA for yet another wonderful and insightful event and to the brands, agencies and practitioners who came, shared and conquered another year of WOM goodness!

Have a favorite takeaway I missed? Add to the list and keep the word of mouth spreading until the next big event.
 

Social Media Initiative managed by Spredfast

Spredfast Product Enhancements Keep Customers Ahead of the Social Curve

It has been a busy fall for the Spredfast Products team. Everything in the social media world is constantly evolving – new engagement opportunities, new types of functionality on the major social platforms, novel best practices that should be shared company-wide, as well as new requirements from new markets as they embrace social communication. So, our Products team has been hustling. Here is what they have been up to lately:

Got issues? We’ll track them

If your company is active in social, then you have a person, team or organization responsible for handling the customer questions and complaints. Or maybe you share the load across a group. Whatever the case, many of our customers told us they wanted a better way to track issues as they arise and ensure that issues are answered in a timely fashion.

We call this Conversation Management and it is now built into the Spredfast social media management system. We now help you tag issues, route messages to the right people, monitor issue status, and keep a full audit trail every step of the way.  We also provide metrics like average time to resolution at the individual and team level, frequency of specific topics, and types of inbound inquiries. We just made it a whole lot easier to proactively manage customer care in social.

Making the social world safe for customers in regulated industries

Our customers in regulated industries have a long list of external (think SEC and FDA) and internal (think Compliance and Risk Management) reasons to be very careful about how and when they participate in social communication. They gave us a long list of capabilities they would need to feel comfortable diving in to social – from where the platform is hosted, how data is secured, to detailed policies about how and when employees can participate.

We listened. We built. And now customers in regulated industries can choose to operate the Spredfast social media management system in our Enhanced Security environment. This includes hosting in Amazon’s Virtual Private Cloud, expanded data encryption for information in transit and at rest, strong password management, IP restriction, and enhanced options for data management. If you are in a regulated industry, jump in! The shark nets are up and the water is nice.

More Capabilities on More Channels

We are constantly adding new capabilities on the social networks as new APIs are made available or new customer requirements surface. In the last few months, we have added some interesting new YouTube and WordPress capabilities.

For YouTube, we have added new monitoring and moderation capabilities that streamline channel management. We’ve also brought YouTube into the Social Profile. Now when a third party comments on one of your videos, you can hover over their username in the Spredfast application to learn about them, their network, and get context around prior engagement that other members of the team may have had with the individual.

For WordPress, we’ve expanded the publishing capabilities. Spredfast users can now publish blog posts within existing categories that were created on the blog itself. Link shortening and tracking of links within blog posts have also been added to allow for more complete measurement and analysis of this social channel. Users can also now view an original blog post and all of the comments associated with that post in the Spredfast platform.  Users can also leave, delete or mark comments as spam on WordPress blog posts from within Spredfast.

Hello? Is it me you’re looking for?

You may have diligently organized your social presence, but social users may completely ignore your fine work. Complaints about your products will still be sent to your Careers Twitter handle. And your US Care Team will still get questions on their Facebook wall in French about their cellular service provider in Senegal. Spredfast customers tell us they love the ability to organize social using our Initiatives structure, but sometimes need the ability to route social messages to other teams in other Initiatives.

So, we have cracked open Initiatives a little in Spredfast. Responses and scheduled messages are now available across initiatives.  Users can now also Highlight items or assign activities to other teams in other Initiatives. This allows for seamless communication and higher levels of visibility for everyone involved – without compromising account security. No more emailing, IMing or shouting down the hall, across the country or around the world to hand off a social message to the right team.

Fill ‘er up at the Spredfast Service Station

Our customers are adding team members all the time. Some come to social with some serious chops and just need to learn how to use the Spredfast social media management system. Others have never used social networks before and need a whole lot of education. And everyone has a question at some time.

Now, any Spredfast user can pull into the Social Service Station and get whatever they need directly from within the platform. The Service Station includes:

- An extensive library of how-to videos

- Webinars on various industry topics

- Product Documentation

- Tip sheets and best practice guides

- A fully searchable knowledge base

Combined with our new User Help system, the Service Station now gives you the information you need when you need it.

And, there you have it. A quick fall update from Spredfast Products group. Great stuff is in the works. Look for more big news in January.

Evolving Social Media Marketing to Social Business

Businesses small and large have worked to wrap their heads around using social media to aid in marketing efforts for years now. What began as interactive and “new media” tactics quickly transformed into true social capabilities companies can pull out of their arsenal of marketing plans, tools and tactics. And until recently, most planning and execution of social media lived in Marketing and Communications departments.

In the short time it has taken for social media to transform the way many companies approach marketing, another phenomenon has slowly been occurring in other offices within the business. Other teams and departments have started recognizing the impact these channels can have on business goals. Outside of just marketing. You’ve might have spotted:

- The Customer Service team of your favorite retail store answering questions on their Facebook Page to help their customer base

- A Sales representative reaching out to you on Twitter after you mentioned a relevant product or service they provide

- Your favorite nonprofit engaging with constituents to raise awareness or promote advocacy around relevant causes and movements

- Or even an HR manager promoting job openings for recruitment at a growing company in your industry

    What does all of this signal? The identity of social media as the brainchild of the Marketing organization has shifted. In the coming years, social media marketing won’t be the sole focus. And the focus of social business – or corporate wide use and adoption of social media to further multiple business objectives – as a core competency for companies will rise in importance.

    Social Media Marketing Roots and Evolution

    In the beginning, there was the social media champion who spent time cheerleading, convincing and illustrating the benefits of social. Before channels like Facebook, Twitter and LinkedIn were viewed as viable or even legitimate channels for big brands and organizations, internal advocates started experimenting with using social media for corporate campaigns and initiatives. Sometimes these started as “under the radar” activities in an effort to prove value, but over time management teams bought into incorporating social as part of the overall marketing mix.

    The role of the social media manager or social media strategist emerged and the title signaled that businesses were serious about making social media a recognized aspect of marketing. Product launches, event promotion and evergreen brand awareness campaigns that traditionally incorporated TV, radio and print now had a social media aspect.

    A Preview of Tomorrow: The Social Business

    Fast forward to today. Brands like Nokia have expanded their use of social media to focus on customer care with their Nokia US Care initiative. Nonprofits like AARP and Best Friends Animal Society are using social media to activate community engagement to raise money for relief victims and are being praised for their use of social to drive awareness of important causes like the Invisible Dog campaign. And everybody’s favorite social phenomenon of couponing is being socialized by companies like Retail Me Not on Facebook and Twitter to promote deals and drive sales.

    In short, the concept of social business has become the new reality. This evolution of social media marketing to social media becoming part of company’s business DNA will be a driving force in 2012 and beyond. And while there are many questions still yet to be unanswered on how to drive social business success, here are questions you can start assessing today to set yourself up for success:

      - How can your company be utilizing social media outside of just the Marketing Organization? (a few ideas: Customer Care, Advocacy Programs, Product Development, Market Development and Sales)

        - Who are the leaders and stakeholders internally who can develop a plan for integrating social across multiple departments and business units? Consider thinking about a Center of Excellence or internal team to drive this.

        - 
Do you have a centralized content library that can be drawn upon for social activity?

          - How can you enable multiple teams and departments to become active in an organized way? This might stem from a policy but bleed over into a technology solution or set of tools to aid in management.

          - How can you set up workflows to ensure the right teams are properly engaging, responding and optimizing social media initiatives in their areas of focus?

            - What are the social media channels for each business initiative that should be included in consistent activities?

            - How can you train and enable your company to engage appropriately across social media channels?

              These are just a few ideas of how to start thinking about making social a business-wide effort. But, of course, the best way to grow and evolve this list will be to learn from brands and organizations on the front lines of innovation and adoption.

              How is your business embracing social business? What have your successes and takeaways been so far? We’re all here to learn, so share early and often!

              This post was originally published on the Social Media Explorer blog.

              Spredfast | www.spredfast.com | @spredfast

              Spredfast Strengthens Executive Team With New Sales and Business Development Leadership

              Spredfast, a leading social media management system provider, today announced the recent addition of two new executive team members.