News Update – Best of the Day

17.01.2010 von  
Kategorie: Daily Top 3

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People get more and more involved in web work every day. But what is an effective and solid web working strategy? Celine Roque states four essential pillars that will be the basis of positive web business efforts: productivity, finance, job security as well as… passion and purpose.

Defining a social media strategy is something the B2B industry is trying to find the perfect plan. Every company has it’s own view on this new business challenge. If you don’t have any at all, you might also have a look at this paper by Expansion+.

Haven’t found good commercials for a quite while… Is one week a long time period? Now, this ad for Sky TV is definitely a remarkable one…

Social Web: “When you decide to jump in, resist the temptation to sell, sell, sell.” – Interviewing Scott Monty

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At the Detroit motor show 2010 Ford executives from around the world spent one entire day engaging with Ford Fans and online influencers on social web platforms like Twitter, Facebook, BlogTalkRadio, CoverItLive, and more.

TheStrategyWeb was given the chance to exchange some questions with Scott Monty, head of social media at FORD Motor Company, about the company’s digital tactics, the social web and their web-strategy.

Q: Scott, FORD has launched the new Ford Focus. How much was the design and product development influenced by the “One Ford” strategy and your social media activities?

Scott Monty The design and development process was very much a One Ford process. German-based Gunnar Hermann has been the lead for the new global C-car platform. He worked with a team of global engineers, including people such as Jens Ludmann and Jim Hughes, who are the Focus lead engineers in Europe and North America, respectively. While we’ve seen a steady stream of customers in the U.S. showing interest in the current generation of the Focus in Europe, the process for developing a global car was well underway before we implemented our social media strategy.

Q: In which way is the One Ford strategy influenced by your team’s social web activities, or vice versa?

Scott Monty When Alan Mulally joined Ford in September 2006, he set the company on a course of brand consolidation and product planning that incorporated the One Ford vision. Our business plan and communications goals were set, and our social media strategy was developed to support both.

Ford Alan Mulally and Scott Monty

Picture above: FORD CEO Alan Mullaly and Social Media Scott Monty at Detroit motor show C-level social media jam.

Q: What were the biggest challenges when the Ford top-management decided to implement a social web-strategy?

Scott Monty Surprisingly few. There has been no resistance to change, and indeed, there’s been an incredible interest in this developing field by a wide range of our most senior executives. While we’ve enjoyed success in our social media activities over the last year (especially in the U.S.), the challenge ahead of us is how we effectively scale the operations and how we roll it out regionally.

Q: How important is it for companies to have all employees understanding and living the social web engagement of the company?

Scott Monty To the extent that a company is involved in social media and invites a culture of participation and transparency, it’s vitally important. But more than just understanding the tools and platforms; what we’re talking about is cultural change and a transformation in the way we do business. If we can help employees to understand that, we’ll be successful regardless of what social network our strategy is executed on.

Q: How important is web-strategy for the Ford business today?

Scott Monty It is vitally important, as that’s where our customers are. It’s where they do their research and it’s increasingly where they’re having conversations about our brand. We’ve dedicated 25% of our marketing budget to digital and social media – more than twice the rate of others in our industry. And when you consider that consumers trust people like themselves more than companies, it’s vital for us to open up ourselves to them and have them experience our vehicles and tell their networks about us.

Q: Why should companies have a (social) web-strategy in place in the upcoming decade?

Scott Monty The web – particularly the mobile web – is increasingly where people are spending their time. When they first stop to research your product is Google, everything you and your customers do on the web is trackable. And it’s where your company’s reputation is being built, every day.

Q: What advice would you give to companies that think about setting up their social web-strategy?

Scott Monty Listen first. Take time to discover what people are saying about your business and to understand the unwritten rules of the online communities in which your customers participate. Become a member of those sites or networks and spend time looking around. And when you decide it’s time to jump in, resist the temptation to sell, sell, sell. People are on these sites to talk with each other, not to be marketed to. Try to provide value. Be helpful. Ask for feedback. Give them unique and interesting material they can’t get elsewhere. Doing all of this over time will build trust and a deeper relationship with your customer base.

Scott MontyTHX Scott for the time and your interesting insights!

About Scott Monty
Scott is head of social media for FORD Company. Or do you want his official title, then here you go: Global Digital & Multimedia Communications Manager. And he is a blogger. As a marketing and communications professional he has worked for a number of industries (healthcare, pharma, biotech, travel, automotive, tech, and communications), and numerous clients, from start-ups to Fortune 500 companies. Today, he is a strategic advisor on all social media activities for FORD.

Web 2.0 und Unternehmensführung: Diskussion zum Status 2010

15.01.2010 von  
Kategorie: Web Strategy

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webstrategieFür die Süddeutsche Zeitung 1,90 EUR zu investieren, ist heutzutage für so manchen Blogger ungewöhnlich. Für mich war es das gestern nicht. Stand da doch einiges über Web 2.0 Strategien und die aktuelle Zukunft des Web zu lesen: vom Streit zwischen Google und China, über die Safttante sowie diversen mit ihrem Unternehmensblog zusammengebrachten Hintergründen und taktischen Anregungen zu Erfahrungen für Unternehmen.

Die Zukunftsvisionen für Unternehmen wurden mal wieder von Don Tapscott, Web-Berater und Autor der Bücher Wikinomics und Grow up digital, in einem Interview zum Ausdruck gebracht. Erst kürzlich hatte er den Titel seines neuen Buches “Rebuilding the world” über sein Blog gesucht, sprich: Kollaboration mit seiner Community hat ihm bei der Titelfindung geholfen.

Das Interview möchte ich als Ansporn zur Diskussion Web 2.0 in der Unternehmensführung nehmen. Tapscott regt Unternehmen an, die Web 2.0 Grundprinzipien offene Diskussion, transparenteres Innovationsmanagement und zukunftsfähige Kollaboration verstärkt einzusetzen und zu fördern. Schließlich könne man mit deratigen Netzwerkmodellen “sein Geschäft ausbauen”.

Auf die Frage ‘Warum macht es dann nicht jeder?’ entgegnet Tapscott:

“Weil eingefahrene Gewohnheiten schwer zu ändern sind. Vor 30 Jahren sagten Kritiker, Manager werden nie internetfähige Computer nutzen – weil sie nicht selbst tippen werden. Können Sie sich das vorstellen? Der gesamte Wechsel zur Internetgesellschaft wurde mit diesem einen Argument in Frage gestellt. Und genauso ist es heute. Eine Web2.0-Kultur würde die Machtverhältnisse in Firmen von grundauf verändern. Daran haben viele Unternehmensführer überhaupt kein Interesse.”

Moment!? Ist das wirklich heute noch so? Sind Unternehmensführer wirklich so internet-resistent? Können sich Unternehmensführer das noch leisten in der Zukunft? Ändern sich Machtverhältnisse in Euren Augen? Was wird sich ändern? Wird es weiterhin 30 Jahre dauren, bis Kollaboration zwischen konkurrierenden Unternehmen stattfindet.

Es gibt so viele Social Media und Social Web Berater neben Don Tapscott (vielleicht noch nicht so bekannt wie er, ok…). Jeder trägt einen gewissenen Erfahrungsschatz aus seiner Beratung von Unternehmen zu dem Thema. Teilt ihn mit uns. Lasst uns die Diskussion führen und alle davon profitieren.

Eine Orientierungshilfe zum weltweiten Agieren

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In Zeiten der Rezession sind Unternehmen gezwungen, sich der neuen Wirtschaftslage zu stellen und aktiv nach neuen Geschäftsmöglichkeiten zu suchen, wo immer sich diese bieten. Dass die globale Wirtschaft ins Stocken geraten ist, soll gewiss nicht bedeuten, dass auch die Wachstumsinitiativen von Unternehmen diesem Beispiel folgen müssen.

Unternehmen jeder Größe können sich neue internationale Märkte erschließen, wenn sie sich richtig vermarkten. Der Wunsch, sich in schwierigen Zeiten anzupassen und zu wachsen, muss jedoch von den geeigneten Tools unterstützt werden. Allzu leicht investiert man eine große Geldsumme in eine „Lösung“, ohne zu wissen, wie das tatsächliche Ergebnis dieser Investition aussieht. Vor dem Investieren beachtlicher Ressourcen im Rahmen einer internationalen Marketing-Strategie ist es wichtig, zunächst auszuprobieren, was funktioniert.

Für die meisten Verbraucher, die auf der Suche nach neuen Dienstleistungen oder Produkten sind, ist das Internet heutzutage die erste Anlaufstelle. Es versteht sich daher wohl von selbst, dass der Schlüssel für internationales Wachstum darin liegt, wie optimal ein Unternehmen die Möglichkeiten seiner Website ausschöpft.

Website-Lokalisierung und Suchmaschinenoptimierung (SEO) ist eine kostengünstige Möglichkeit zur Erschließung neuer Märkte. Es kostet nur ein paar Hundert Euro, eine einfache, textbasierte Website in einer anderen Sprache einzurichten. Obwohl die Mehrheit des Internets stark vom Englischen durchdrungen ist, ist Englisch für die Mehrheit der Internetbenutzer nicht deren Muttersprache. Hier herrscht ein klares Missverhältnis, dass Unternehmen ausschöpfen sollten.

Zuerst muss festgestellt werden, ob in einem bestimmten Land für den von Ihnen angebotenen Service überhaupt ein Bedarf besteht. Dies lässt sich am besten am Wettbewerb vor Ort ablesen. Wenn es bereits ähnliche Organisationen in diesem Markt gibt, ist dies ein gutes Zeichen, da es eine echte Nachfrage demonstriert. Hüten Sie sich jedoch vor zu vielen Mitbewerbern, da es äußerst schwierig ist, in einen bereits gesättigten Markt einzudringen.

Haben Sie festgestellt, dass tatsächlich eine Nachfrage besteht, identifizieren Sie die wichtigen Suchbegriffe, die von den Internetbenutzern der Region verwendet werden. Google und Yahoo bieten einige kostenfreie Tools zur Keyword-Bestimmung an, über die Sie diejenigen Suchbegriffe erfahren, die im gewünschten Auslandsmarkt verwendet werden.

Diese wichtigen Ausdrücke sollten anschließend in eine professionell übersetzte Website eingebettet werden, um organisch die Ranking-Position dieser Website in den Suchmaschinen zu optimieren. Es ist möglich, in ausländischen Suchmaschinen-Rankings ziemlich rasch aufzusteigen, ganz einfach deshalb, weil die Sättigung der wichtigen Suchbegriffe in anderen Sprachen als im Englischen bei weitem geringer ist.

Um das Ganze ins Rollen zu bringen, können Sie das Abrechnungsmodell Pay per Click (PPC) oder Internet-Werbung, wie zum Beispiel AdWords von Google, nutzen. So erhöhen Sie durch einen „gesponserten Link“ den Datenverkehr auf Ihrer Website. Das Schöne an PPC ist, dass Sie Ihr Budget im Voraus festlegen können – selbst eine unerhebliche Summe von €5, falls dies gewünscht ist. Sie können den Wert von PPC einschätzen, ohne große Summen investieren zu müssen. Das Risiko ist also wirklich minimal.

Wie bereits erwähnt, hat sich Englisch zur globalen Handelssprache und zur Verkehrssprache des Internets entwickelt. Man sollte sich aber klar machen, dass drei Viertel der Weltbevölkerung überhaupt kein Englisch spricht.

Die Notwendigkeit, dass Unternehmen ihre internationalen Konsumenten in ihrer jeweiligen Muttersprache ansprechen, kann daher nicht genug betont werden. Wenn auch Englisch die am weitesten verbreitete erste Fremdsprache ist, bleibt es eine Tatsache, dass die meisten Verbraucher zuerst in ihrer eigenen Muttersprache nach Dienstleistungen/ Produkten suchen.

Ein Unternehmen, das geschäftlich weltweit agieren will, muss also in der Lage sein, in jedem Land „wie ein Einheimischer zu denken“. Das heißt, Sie müssen die Vielzahl kultureller und linguistischer Vielschichtigkeiten berücksichtigen, denen Sie begegnen, wenn Sie in neue ausländische Märkte eindringen wollen.

Nehmen wir zum Beispiel die französische Sprache in Frankreich und Kanada (Québecer Französisch). Sie ist weitgehend identisch, aber dennoch gibt es hinreichende dialektische Unterschiede zwischen diesen Ausprägungen des Französischen, so dass für ein gezieltes Ansprechen jedes Marktes gesonderte Marketing-Strategien notwendig sind.

Um dies an einem Beispiel zu verdeutlichen: „E-Mail“ heißt in Frankreich schlichtweg email, in Kanada jedoch courrier électronique (wörtlich: „elektronische Post“). Und während ein déjeuner in Frankreich „Mittagessen“ bedeutet, meint man damit in Belgien und in der Schweiz das „Frühstück“.

Es gibt zahlreiche solcher Unterschiede zwischen den französischen Sprachvarianten in Frankreich, Kanada, Belgien und der Schweiz, die die Bedeutung des richtigen Lokalisierens Ihrer Dienstleistungen für jeden speziellen Zielmarkt hervorheben. Gleichermaßen verhält es sich auch mit den Sprachen Deutsch (Deutschland)/Schweizerdeutsch, Portugiesisch (Portugal)/Brasilianisches Portugiesisch, Spanisch (Spanien)/Lateinamerikanisches Spanisch und, ganz in der Nähe, Britisches und US-amerikanisches Englisch.

Sprachen spielen daher im Globalisierungsprozess eine zentrale Rolle. Unternehmen jeder Größe könnten von Website-Lokalisierung und SEO profitieren. Eine Firma in den eigenen vier Wänden kann mit nichts weiter als einem vernetzten PC und etwas unternehmerischer Intelligenz weltweit agieren, ohne dafür Unsummen zu investieren.

Christian ArnoÜber den Autor
Gastautor Christian Arno ist Geschäftsführer und Gründer des internationalen Übersetzungsunternehmens Lingo24.

Das im Jahr 2001 gegründete Unternehmen ist auf vier Kontinenten für Kunden in über 60 Ländern tätig. Im vergangenen Jahr hat Lingo24 mehr als 30 Millionen Wörter für Unternehmen aus jedem Branchensektor übersetzt. Im Jahr 2009 betrugen die Einkünfte des Unternehmens €4 Mio.

News Update – Best of the Day

13.01.2010 von  
Kategorie: Daily Top 3

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Best of the DayPeople are asking me quite often, what it takes to become a smarter social businessperson? I was about to write a post about it. But my strategy works along Jeff Jarvis words: “Do what you can do best and link to the rest!”. And yes, I have found that Don Reisinger at Gigacom has written some excellent 10 tips for becoming a smarter social business person. So, why should I…?

Some companies like AUDI let their social community and fans co-create their new design for the car of the future. Vitamin waters newest flavor was created by their brand’s Facebook fans. Matt Rhodes shares the social experiment which is not finished with the launch of the product in March 2010. The success factor for the engagement of the community was a competition (again – incentives are key, it seems)… and for the success? Collaboration…! The co-creation included: choosing the flavor, designing the packaging, and naming the water.

This Doritos commercial makes me laugh… join in!

2010: Online ROI – a challenge for companies

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mausThe solution to the following question is complex: How should companies measure online ROI in future? In times of display, affiliate and search advertising the measure of success has been kept very simple. Page impressions, clicks, leads, sales – that was it. With the evolution of social media the topic of online measurement has become more complex.

In the Pre-Web 2.0 era, there was a formula that has put everything else into the shadows. It was based on the clic. Obviously still many CMOs see this as the crucial measurement factor of their online activities. The click was considered the basis of the digital marketing manifesto.

The formula of the previous online ROI went something like this…

Page impressions and clicks to convert click-through rate that generates leads and ultimately (hopefully) sales.

And this formula also corresponded to the value in the online marketing of cost-per-mile (CMP), cost-per-click (CPC), cost-per-lead (CPL), cost-per-sale (CPO). Simple, clear, pragmatic.

Marketers were satisfied, the sales man less (mostly) due to inferior leads and associated fluctuating revenues. There was a lack of transparency. The management is considered to be overstretched. 2010 everything will be different.

In 2009, the main German association for publishers and buyers, the IVW, killed the power of the page impression, the visit is the ‘Golden Surfer’ from now on. An English study by the Online Publishers Association (OPA) is following and strengthens the effectiveness of the ‘silent click’ and the value of the content and context.

Moreover Eyeblaster invents, and especially Dean Donaldson promotes this, the Dwell Time. Efficiency measurement of web activity becomes a challenge for companies. And if we take it to the top companies do need an eye-movement study to measure the time-based attention, the way we know it from the print era (similar to copy-test).

Another challenge is that there are numerous social media activities added, and here we are looking for a reliable measurement method to justify the expenses. In Germany the Association of Social Media and Social Media is quickly introducing a new currency: share of voice or share of buzz. A conceptually coherent model , but in practice is questionable in its feasibility, management and marketing relevance. A similar measure as the CTR won’t be found in the social media industry, probably still for a long time. Probably not even 2010…

Let’s illustrate the complexity of measuring social media ROI at a viral campaign, the buzz generated by social media coverage and results. Previously, the click was relevant. It was a unique short-term assessment without measurement of long-term effect. With the ended of the campaign the measurement time was over. Whether the click came from the desired target group of bookers ranked in it’s relevance secondary.

In a viral campaign, however, due to the target-transparency, the question of efficiency measurement is completely different. All these values are quite different in context and only win in their semantic and concluding statement its relevance for the advertiser.

Questions arise such as …

How much time commitment gives the user his social activities and the commitment to the company?
How do I rate detailed comments on blogs, micro-blogs or social networks?
How to evaluate an Re-Tweet in this context?
From whom are the comments and actions coming?
How does buzz spread via this person and to whom?
How relevant is the target audience about the distribution for the advertisers?
How to integrate ratings in the measurement methog on video- or evaluation platforms?
What about the statements that I can not even see, because a front door at Social Networks is obstructing my access to the results?

Without individual-subjective definion of measuring units, each company, every Social Media ROI measurement is worthless, and social media marketing measurement fortiori. The metric must be defined in the relevant context of the desired outcome best possible – in other words the individual needs of the corporate strategy or intention of each social media activity has to be adjusted from case to case. Increase in visits to the website? Generation of Fans or Followers? Couponing on a community? Knowledge on brand confessions obtained? Or actually generate online sales?

Each profile of an active social median, its social graph, in its sustainability and its recommended value of inside and outside “of his” social community has different weight. Determine where the true relevant measurement is the responsibility of the advertiser. At the Webcific I have called the new monetary views as “cost-per-commitment” to provide the relativity of the word in question and to make clear the relevance of the word, but for the future.

Commitment begins with the communication to customers and does not stop when clients order at the company’s shop. However, maintaining the commitment of campaign spending via email or traditional online activities still is essential. As customers loyalty runs outside the social media spheres, too. Defining commitment as a measure of social media may be based different on the company blog than on Facebook or Twitter.

A crucial factor in the social web is always forgotten: Traditional marketing campaigns have a beginning and an end. That’s when Social Web communication starts…

The CPI formula in times of social web might be …

Reach and engagement convert to social activities that lead to multipliers, and (probably generate) revenues from sales.

The future of online ROI measurement should be driven on the basis of how much communication output must a company deliver through a variety of social media, until the customers brand promise is gaining credibility and creates customer communications. This leads to commitment, which I have just referred to as “social activities” that need to be defined. They are the drivers of the talks for the multiplication of messages from the public relations, marketing and sales department.

Spot On!
Measuring the Social Web ROI is a long term process. Metrics from shares, posts, comments, ratings or Tweets replace the old click-metric. For the new metrics remain the web’s property, thanks to social search integration. Communication is dynamic and it may be that the pure bookmark result of yesterday, generates many social activities and conversations tomorrow.
Who dominates social communication that generates brand-vangelist peers (as I always like to call it). From anonymous platforms users become now fans, followers, blog readers and community members. They all have names that are transparent, a huge advantage of today’s web-talks. In the decisive moment, when they start participating in the discussing companies can find important multipliers of the message of a brand or a company, and therefore define important parameters. But companies should remember that communication can take place anywhere and adjust according to their web strategy. This modern weaving culture should incorporate engagement metrics or policies between sales and marketing. Otherwise, the effort of monitoring, measuring, analyzing is worth nothing, and will not meet the result of the challenge of 2010.

The Strategy Web – going mobile on an iphone app

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The mobile iphone app trend can be heard all over the bloggosphere. We all know the future is mobile and people want to read their preferred social medians on the go. And some web-experts have launched their own iPhone app lately. The Strategy Web (download in iTunes) went mobile with the start of this year 2010 as well…

Two of my favorite web-experts Jeremiah Owyang and Seth Goddin started their iPhone app more or less at the same time. And they all can be read every day, for free. You just have to download it on your iPhone!

Jeremiah and I have chosen the nice developer guys from MotherApp to get our personal version of a real iphone app. It took the guys just one short week to get the app live on iTunes. And this is not only a mobile version of our blog without heavy graphic load in the back-end. This is a true iPhone app with native Apple interface which includes the integration of all the main relevant social media platforms of my social web strategy (except from Facebook): Blog, Twitter and YouTube.

TSW iPhone App As

Above: screenshot of the app start page and latest blog update

TSW iPhone App Bs

Above: screenshot of a post page, YouTube channel, and the Twitter timeline.

MotherApp offers an interesting way to get your brand and content mobile. Even if there is no internet connection the content can be read as it is downloaded. Good work!

Two further iPhone apps I woul dlike to recommend. Take a look at Guy Kawasaki and Brian Solis (he even has integrated location-based features).

This is still an early stages version. Two negative things that will hopefully improve in the future: Brands need a developer to create the iPhone app and only my comments can be seen – not really social web world, I know. But hey, who is perfect…?!

Let me know what you think. Looking forward to your feedback.

News Update – Best of the Day

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Best of the DayAustralian users show big interest in social web communication with companies via Twitter, YouTube and Facebook. Brett Waters talks about a recent study by RightNow and shows the benefit for customer service (customer care programs), generating interest and engagement and further aspects of recommendatiopn marketing and PR.
Some findings…
- 66% said they’d be happy for an organisation to contact them following a positive comment post
- 63% stated they would like to learn about discounts or special offers through social networking sites
- open discussion drives purchases: 70% were online and 30% were offline

Budgets lower? Jeremiah Owyang is focussing with his advocacy matrix on the goal of spreading marketing messages, and word of mouth, and viral. Good thoughts for your company to get the same output you had with big budget pockets.

TheStrategyWeb YouTube smallToday, let’s have a look into the updated TheStrategyWeb YouTube channel for the latest updates on web-tv focussing strategy, web-strategy, social media, advertising, virals, funny commercials and so on. Very much appreciate any input, looing forward to it!

Paid Advertising 2010: What changes for marketers?

11.01.2010 von  
Kategorie: Web Marketing

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advertising-tttSeeing 2010 from a paid advertising perspective, we might argue that business will only change slightly for marketers. Paid advertising won’t die this year, right?

Now, eMarketer published a statement by their analyst Debra Aho Williamson on social media ad spending forecasts which touches the “tiny” shift in paid advertising:

“Paid advertising will not be the primary focus, but it will serve to drive traffic and engagement with the larger social network presence.”

The main difference will be that paid advertising is story-telling about a social media presence (also offline with print ads or bill boards) instead of selling their a traditional business website. Is this not already a massive movement in the ad industry? Paid advertising promotions are not about business websites. It is pushing the company’s social web presence.

Nevertheless, marketers still have their targets on contacts, leads and conversions. And they still need to reach a lot of these targets by promoting their web-presence offerings with online advertising, be it display, text-ads or search. I assume that product marketing has no other option here. The modern social web world calls this generating “engagement”. Just a nicer wording than talking about leads and sales?

The term “engagement” was discussed intensely by Jason Falls, Tim Schigel and me in the last weeks. But don’t we not all know that generating engagement is nothing new in the advertising world.

The word “engagement” is one of the most hyped words on the modern social web platforms like blogs, Facebook or Twitter? In my eyes engagement has become a buzzword 2.0. And, most of us media dinosaurs wonder how the ROI in paid advertising on social media platforms will evolve and how to measure it compared to the old paid advertising measurement on pis, visits or clicks.

The difference is that this modern engagement shall be generated, established and converted via dialogue, resulting in a close business-customer relationship – instead of people clicking banners or links, sending emails or filling out contact forms on landing pages. In the end, everything serves one purpose: customers shall buy products – online or offline.

But what if customers are starting conversations on the platforms that are promoted via paid advertising? Conversations is new in the paid advertising world. And it is more time-consuming, more challenging, and a more sensitive topic than waiting for a customer to respond on i.e. bannering the traditional online way.

Ten years ago, companies owned the road that was leading customers to get engaged with them. Today, the social web owns a ring-road around a company or brand with hundreds of roads linking, talking and refering to a company. The strategic question for paid search could be: Which one is your main access-point for the near, middle and long-time future?

PS: In order to maintain the customer dialogue companies need the right resources. So, the challenge businesses have is setting up their social web-strategy before they start spending on paid advertising. There is no other way for companies to support customer needs for a long lasting business sustainability.

Spot On!
Paid advertising continues to serve finding access to the modern customer’s world. But let’s ask marketers: Is there a difference if paid advertising is promoting a social media presence or a traditional business website? Will the work for marketers and media planers be the same? Only the links will be different? If you know how to serve, sell and talk to customers, the work and business that is aiming at “engagement” won’t change compared to 50 years ago. It will remain to be hard work…? No matter, what paid advertising is promoting, right?

News Update – Best of the Day

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Best of the DayWhat happens when you ask SMB’s on their social media usage?. Here is the answer: A report interviewed 1,000 small business owners with fewer than 100 employees and wanted to know their attitudes and marketing plans for 2010. The key findings…

31% don’t use social media because their customers don’t use social media.
29% don’t have the time or staff available to do it properly (a well-know problem)
52% plan to devote more resources to cause marketing in 2010.

H&M finds itself in the social media critics after it came out that they are destroying and discarding clothes that they cannot sell. The official H&M Facebook page is quite successful and has nearly 1.5 mio fans. It will be interesting to see how they react and what social media experts will be telling them to do – and how they are working around this “social media storm”. Here are some tips for companies

Trying to find a retrospective for 2009 was a challenge. But I finally found this great video by Rob Cottingham, looking back at 2009 in doodles…

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