BIZTECHBUZZ in the world of social, cognitive, IoT and startups

Month: March 2009

Scream in the marketplace with Social Marketing!

We are continuing our series on the Angels framework. Today, I’d like to discuss “S” : Scream! … use technology to scream into the marketplace. Check out the video at:
It highlights the two core attributes of Screaming: 1) Understanding the dichotomy in your marketplace today: understand the nature of digital citizens vs. non-digital citizens, those who are using social media tools and those who are not, and 2) Understand the technology: we are trained in basic marketing but we now also have to understand the new technology.

Areas to Scream:

Leverage your existing website: for example, on-line chat on your website to interact with your customers and guide them to a purchase; a great way to scream your message and go from website 1.0 to 2.0

Use technology to progress a lead, not just to generate a lead: e-nurture your leads, it’s critical to stay in touch with your customers on-line, build a relationship with them

How do you sell on-line: customer centric commerce, great examples include Staples and Bass Pro Shops: Dell uses Twitter to sell their excess inventory

How do you take advantage of new technologies coming out: 3D is upon us now, Second Life is another good example and Sears are using a My Virtual Model to sell their products

Leverage the new Marketing 2.0 technologies to really scream into the marketplace!

NYC TweetUp! East Coast Rocks!

Well, we ended up with 62 people are our NYC TweetUP on Madison Ave on Monday night! It was a great group of folks who attended with amazing social media stories of use and value, new applications, and even one person who had never been on Twitter that signed up immediately in the room (yes, they got the invite verbally from a friend!).

Yes, some might say a little formal……but great food, free drinks, and great conversations and networking. It was great to meet face to face with those you have been tweeting with for a while!

I learned about a Social Media Club, a Social Media Breakfast, and some great upcoming events. What more could you ask for?

We will do this again soon! Thanks for joining us!!!

Top 5 Do’s and Don’t from Jeremiah’s Discussion with IBM’S WebSphere Event

Guys … I took the 10 that Jeremiah gave us into 5!!!  He is amazing and loves this space

1)  Don’t obsess over the tools!  His advice?   Watch the early adoptors and see what they are adopting.  Tons of new tools being developed every month!  Choose carefully based on what you want to do!  But you will make mistakes and it is ok!  

2)  Invest in the resources around the tools you choose!  You can do a lot for very little money!  While growing, the total dollars here are small still.     Spend 80% on the strategy, goals, value propositions and 20% on the tools.  Examples he gave include Dell, Wells Fargo, and IBM.

3)  Do Integrate!  Don’t forget to integrate!  Social tools are not islands.  Successful social media works when the social media tools cross link and integrate!  Develop an index page of tools!

4)  Make sure you have an internal social media process!  Several models were reviewed – -the Tire –>  employees are communicating with the market with corporate communications still in the center.  Second, the control – Company communications owns all social media.  Third, hub and spoke — in the middle is a cross functional team. 

He compared this hub and spoke to an airport.  The team needs radar to listen.  The Signal Tower prioritizes the information and informs the right team.  The Flight log shows key results.

Have a place so that people can experiment — a Social Media sandbox like Yammer, or Blue Twit or Thinkforward internal to IBM.  Make sure you make it safe to try this internally!

5)  What not to do — measure the wrong things!

Page views along are not sufficient to measure .  Meausring click throughs is the wrong engagements!  Measure based on the business objectives.

Bottom line, this is personal, use them!  Play with them.  The ones Jeremiah suggested…..Facebook, LinkedIn, Yammer, Twitter, Blogs and Pictures. Use search tools like google alerts, twitter search , and technorati.