Spot On!
Interessant ist aber auch ein weiteres Ergebnis. Nahezu 40% der Befragten können sich vorstellen, unmittelbar in einem sozialen Netzwerk über eine Shopping App einzukaufen. Mit einer Einschränkung… Der Shop, bei dem eingekauft wird, muss dem Käufer bekannt und vertraut sein. Wer also eine App baut, sollte bei der Konzeption mit Check-out sowohl vertrauensbildende Maßnahmen (z.B. Gütesiegel) als auch die transparente Darstellung des übergeordneten Shops klar kenntlich machen.

Social Networks – Are niche communities the future of networks?

More often people are fed up with all that self-referential talk of individuals on social networks. Or, companies which do not understand the idea of an online conversation, including clients and not just broadcasting the old-fashioned marketing and sales way. Just today, I had some people in my Facebook stream and my Twitter updates telling me how the weather was, what their kids had for breakfast, or that their wives don’t understand their affinity to social networks. OK, nice, fair enough… Interesting? No!

And then I hear my wife saying… “Why keeping up the contact to so many people if there is no option to even get actively into 10 per cent of the conversations happening in these online relationships?” True, but you never know when some contact might need you, or vice versa.

Checking Facebook and staying up-to-date on Twitter becomes challenging on a busy day, with kids that are happy to see dad in the evening for some minutes, and long-time friends complaining why they don’t hear anything from you anymore.

So, is there another trend coming up in the future that might go for niche social networks, niche communities? Why? We had that offline for ages. Years ago, people have spend hours in their football club bar after a training session, or went to book readings to enjoy the discussion afterwards, or went to a vernisage in order to “philosophy” about the latest gallery exhibition with someone they don’t know. The reason for doing it was just their share of interest in something, a hobby, a passion, or a kind of affinity. So, are we seeing social networks for art geeks going on virtual gallery tours in the future?

My father was telling me that he uses a Bridge community and plays daily for one or two hours. A friend of mine is a DJ and he spend hours in communities for DJs like My DJ Space or Mix DJ. Some even still (or again?) love vinyl and become members in a community there. These music enthusiasts do nothing more or less than share their interest in being DJs, and obviously loving to mix tapes. The special interest is the centre of their community engagement.

Some years ago, somebody approached me with the idea of an international golfer network (http://www.golffriends.com/welcome/community). As I love playing golf (though don’t have enough time to play often…), there was some interest to become a member, if not more to become more engaged in the business idea. But then, time and the thought of managing many private interest networks -as I have quite some hobbies- next to my business networks and the top networks made me not investing too much time in that vision. Maybe I should have done…

Mothers share their passion for coffee on Cafemom, and if we think about all the Starbucks communities it does not surprise us. Games exchange ideas and thoughts on Raptr, or real social activists use Care2. Even more “nichy” is the passion of men for their moustache that they express online to the public. And others share their interest in Whisky or Wine networks.

So, my question is if niche networks could take a big portion of the market share of global social networks (Facebook, Twitter, Myspace, etc.) in the future? Can you see people going away from the self-gloryfying popular networks that the mainstream web user is engaged in? Tell us of niche networks you know and how you see this trend?

Are you selling via time or money argumentation?

It is always interesting to see how companies are trying to sell their products and services with advertisements referring to two essential factors: time and money. Most of their marketeers can imagine the impact and effect of them on customers. The proof was often missing (also for me). After some years of searching, I found a study that states a relevant difference in which way companies are persuading customers to buy their products and services using these arguments to explain them the benefitial features.

A team at Stanford Graduate School of Business did some experiments offering lemonade in a park. They advertised the lemonade with two different creatives and switched them every ten minutes. One ad mentioned the time benefit “Spend a little time and enjoy C & D’s lemonade” and the other the money benefit “Spend a little money and enjoy C & D’s lemonade”.

What happened? The time offer got twice as many people buying the lemonade with the time benefit compared to the money one. And there is even more impact in the time factor. All people were allowed to pay whatever they wanted for the drinks. It showed that people with the time benefit bought more drinks and paid 80 cents more for the lemonade.

In order to test whether this is just valid for cheap products like FMCG goods- another test was set up with the sample principle for iPads. And surprisingly enough, the results were largely similar. The customers felt more engaged with products offering positive time benefits than money features.

Spot On!
Mentioning time-positive features rather than money benefits in ad campaigns can make products more valuable and interesting to customers. And researchers claim that there is no difference whether you persuade your customers offline or online with these features. There is one exception when you are selling “prestigious” products. If people are materialistic, this theory does not work.

If there is some other proof, let us know…

Old Spice: Ist die Viral-Kampagne ein Umsatzbringer?

In diesen Tagen reden alle Werber, Marketingleute und Social Media Experten über die so erfolgreiche Viral-Kampagne von Old Spice. Schnell wird die Kampagne als Musterbeispiel, als Fallstudie, deklariert, was kein Wunder ist. Das Social Media Konzept scheint aufzugehen. Alles scheint erfolgversprechend zu funktionieren.

Die Abrufzahlen auf YouTube sind hervorragend. Die Marke generiert viele Fans auf Facebook, Follower auf Twitter und wird genannt in den Medien. Die Zukunft der Kampagne scheint gesichert, da man geschickt Feedback von Social Media Influencern (oder sind es eher Social VIPs?) avisiert, auf dies reagiert. Und es gibt davon auch auf Youtube offensichtlich genug. Alle scheinen begeistert zu sein und sorgen für ordentlich Buzz um die Marke.

Nun stellt sich eigentlich nicht die Frage, wie erfolgreich die Marke mit der Social Media Kampagne wirklich ist. Oder doch…?

Die Anzahl der Abrufe wächst kontinuierlich. Die Kommentare ebenso und… Moment mal! Liest man die Kommentare genauer, scheint sie weniger erfolgreich zu sein. Die Inhalte der Kommentare lassen Zweifel aufkommen. Spott und Häme wechseln einander erfolgreich ab.

Und die Umsätze? Schließlich geht es am Ende des Tages darum. Eine Frage also, der offensichtlich auch Brandweek nachgegangen ist. Das Ergebnis lässt aufhorchen…

“But sales of the featured product—Red Zone After Hours Body Wash—aren’t necessarily tracking with that consumer appeal: In the 52 weeks ended June 13, sales of the brand have dropped 7 percent according to SymphonyIRI. (That amount excludes those rung up at Walmart.) P&G execs were not available to comment.”

Differenzierte Betrachtung? Fehlanzeige! Offensichtlich wird auch aus Sicht der Publisher ebenso schnell der Rückschluss gezogen, daß die Kampagne ihr ROI Ziel verfehlt hat. Und es erscheint noch viel schlimmer, daß auch noch andere am kreativen Merchandising um die Idee verdienen. Ach, wie sozial ist Business doch. Ist wahrlich fragwürdig, wie erfolgreich die Marke Old Spice ist mit der Social Media Aktion?

Spot On!
Social Media setzt bekanntlich auf Nachhaltigkeit. Daran sollte sich auch der ROI von Social Media messen lassen. Es bleibt abzuwarten, wie lange die Kampagne um den modernen Old Spice Mann budget-technisch durchhält. Und ob sich die Sales-Zahlen nicht doch noch verbessern in den nächsten Monaten. Oder Jahren? Dann erst zeigt sich der Nachweis für nachhaltige Wertsteigerung einer Marke dank Social Media, von dem in vielen Blogs zu lesen ist. Ist die Grundlage der Betrachtung ein offensichtlicher Kampagneansatz, darf man jetzt schon voreilige Schlüße ziehen?

Interessant wäre zu wissen, wie die KPIs der Kampagne definiert sind. Denn nur dann, weiß man, ob sie für Procter & Gamble erfolgreich ist. Aber dazu müßte sich das Social Media Team um die Marke Old Spice in die Social Web Kommunikation integrieren. Genau da scheint es zu fehlen. Und wie das machbar ist, bei dem Aufkommen an Konversation ist auch eine wahre Herausforderung an die Verantwortlichen der Idee. Vielleicht ist man einfach überwältigt vom Feedback aus dem Social Web?! Ich bin es von der Marke und vor allem dem Produkt nicht. Es erinnert mich ein wenig an GM, die versucht haben mit Social Media eine angeschlagene Marke vor dem Aus zu retten.

Grundsätzlich stelle ich mir die Frage, ob Social Media der richtige Ansatz war, um eine Marke so zu inszenieren.

Wisst ihr eine Antwort darauf? Ich bin gespannt…

Deutsche wollen keine Promi-Testimonials in Werbung

Die Deutschen stehen nicht (mehr?) auf VIP-Testimonials in der Werbung. Eine aktuelle Studie der Beratungsgesellschaft Faktenkontor und das Marktforschungsunternehmen Toluna hat 1500 Bundesbürger befragt.

Das Ergebnis ist eindeutig: Nahezu vier von fünf Deutschen wollen keine Werbung mit Promi-Testimonials mehr sehen, und 76% der Bundesbürger lassen sich nach eigener Einschätzung ohnehin nicht von Promi-Werbung beeinflussen.

Verwundert das? Wohl die wenigsten… Der Promi hat dabei nichts anderes im Sinn als den besten Deal zu machen. Ob die Marke zur Person passt, glaubwürdig rüberkommt und authentisch wirkt, ist dabei wohl eher zweitrangig. Zahlt die Marke den entsprechenden Auftritt, steht der Promi parat. Der Kunde weiß das und schaltet seine Aufmerksamkeit ab.

Ein paar Beispiele der Studie…
Mike Krüger, der Jahre für den Hagebau-Markt parat stand (31% wussten das), hat den Mitbewerb ebenso profitieren lassen. Ein Viertel der Befragten ging davon aus, Krüger sei für Hornbach oder Obi Testimonial als Werbepartner unterwegs.

56% der Befragten konnten Dieter Bohlen nicht einmal korrekten Margarine-Marke „Becel pro-activ” in Verbindung bringen. Noch schlimmer ist, wenn das Produkt eines Wettbewerbers dabei ins Spiel kommt oder der „Pop-Titan” gar nicht als Margarine Werbe-Testimonial gesehen wird.

Heidi Klum haben weniger als ein Fünftel der Befragten als Volkswagen-Testimonial wahrgenommen. Obwohl der prominente Ehemann Seal ihr noch in der Werbung zur Seite stand.

Zeugt das von einer erfolgversprechenden Werbehochzeit…?

Spot On!
Für Markentreue ist dem Konsumenten Authentizität und Glaubwürdigkeit in der Werbung entscheidend. Nur wer durch ehrliche Bekenntnisse auf sich aufmerksam macht, ist für die Wirkung der Marke auf den Konsumenten effizient. Man darf sich die Frage stellen, ob das zukünftig -vor allem im Social Web- eher mit Menschen “wie Du und Ich” dargestellt und erzeugt werden kann. Für mich liegt die Zukunft der Testimonial-Werbung im Empfehlungsmarketing mittels Social-Testimonials in Form von eigenen Bekannten, Freunden und Peers. Wer hierauf setzt und neue Wege geht, verhindert den schnellen Markenwechsel zu Mitbewebern und schafft Vertrauensbildung in seine Marke.

Study: The importance of cross-channel sales

Most companies wonder how the purchase funnel looks like when consumers evaluate products they think about buying. A recent study from ATG helps: 30% of consumers reach out to more than three commerce channels to research a product and make a purchase. This shows that retailers and merchants need a broader cross-channel approach to boost sales and enhance customer purchase decisions.

The consumer study found that more than three-quarters of consumers use two or more channels and nearly one-third work with even three or more channels to research and purchase products. While we have all expect that mobile use and social media find their way into consumers’ online commerce activities, it is surprising that traditional catalog channels are still popular.

“Merchants have heard the call for a stronger cross-channel strategy for many years, but what has been lacking is a deeper explanation about why this is so important. We are seeing a multi-channel revolution now, with a vast majority of consumers using multiple channels and now almost one-third actually relying on three or more channels to complete transactions. Retailers must direct their energy toward fulfilling the unique role and sales potential of each channel. This research illuminates the expectations consumers have for the Web, call centers, the store, catalogs, and email.”
Nina McIntyre, Senior Vice President Marketing and CMO, ATG

The key findings of consumers’ cross channel experiences…

- 78% use two or more channels to browse, research and make purchases; 30% said they use three channels or more

- 78% of all consumers say they use catalogs to browse and research products or services at least four times a year BUT 40% of those consumers never purchase products or services through catalogs.

- 43% start their research online or with mobile devices. BUT They need to call customer service or call center representative to complete the transaction because the product or service information cannot be found online!

- 39% browse via the online or mobile channel and then make purchases in the store because they prefer to touch and feel the product – reason for 36% is product and brand comparison

Interesting findings on mobile commerce (emphasis on the 18-34 age)…

- 27% of all consumers 18 and older use their mobile devices to browse or research products and services at least four times a year, and that number jumps to 41% for the 18-34 year-old age group

- 13% of all consumers 18 and older and 23% of the 18-34 age purchasing at least four times a year via their mobile devices; 8% of the later are doing it weekly

Spot on!
The study highlights how important it is to link online and offline sales communication and give the customers the same purchase service in multiple channels. It will always be difficult to understand where customers make their final purchase decision and where they finally buy though. This additional study by Google underlines the trend for an offline and online purchase decision mix. One things is for sure again: The need for more awareness around the incorporation of commerce activities in social networking sites like Facebook, MySpace, and Twitter is gaining momentum.

Lead Generation: Combination of social web tools and email marketing is powerful and cost-effective

All marketers know how much effort and tactical knowledge it needs to generate high quality leads. And everybody tries to find the silver bullet in order not to push too much budgets the wrong way. Finding the right tactics becomes more complex with the rise and importance of the social web.

An annual report by Hubspot “2010 State of Inbound Marketing” has asked 231 marketers, and shows that pull marketing tactics like blogging, search and social media generate cheaper leads than traditional outbound efforts. If companies devote at least one-half of their budget to inbound marketing like social web activities -compared to the same outbound marketing budget spending- they can save up to 60%.

Some more interesting findings…
- The average cost per lead from inbound marketing was significantly less.

- The rate of customer acquisition declines steadily with the rate of blog posting.
- Direct mail is still most cost-effective among outbound strategies. Only 37% generated leads for less than average.
- Social Networking is key! Over 40% of customers using Twitter, Linkedin, Facebook and company blogs have generated a customer from that channel
- Businesses rated every inbound channel more important than any outbound channel for lead generation.
- B2B customer acquisition with LinkedIn was most effective. B2C businesses did best with Facebook (7 out of 10 found a new customer using social networks).

Spot On!
Tactics that are not cost-effective are not supported with spending any longer by companies, concludes the report. Inbound tactics get more value share of general lead generation budgets, outbound tactics loose money. It is not surprising that email marketing is still popular as a tactic. The Merkle report “View from the Social Inbox” states that social media hasn’t replaced traditional e-mail among users. 71% of respondents are spending 20 minutes or more weekly with traditional email – 42% of social networkers check their email account four or more times a day.

So, the combination of email marketing and social web tactics seems to be powerful and cost-effective for lead generation.

Do you agree?

E-commerce study: automatic recommendations disappointing for most customers

When we go shopping online today, we all get recommendations for additional or interesting products that might be relevant for us. Might be?! Well, a new research by ChoiceStream called 2009 Personalization Survey states that recommendations by e-tailers are still poor. A personalization strategy can be benefitial for businesses but also be an access killer for customers of online shops.

Almost 60% of the internet users were not happy with personal product recommendations on e-commerce sites in 2009. Compared to 2008 (14% less than this year) this negative shopping experience is massively increasing. The reason is obvious. On the one hand, data mining technology is affordable and used by more and more shops (http://www.thestrategyweb.com/wp-admin/post.php?action=edit&post=9245&message=10although general knowledge on integration is probably low). And on the other hand, customer personalization expectation is increasing – 74% of the respondents notice product recommendations.

“Shoppers notice recommendations more than they have in the past and, in fact, have come to expect them” (…) “For this reason, quality and relevance are under a microscope.” Lori Trahan, vice president of marketing, ChoiceStream.

iTunes, Netflix and Amazon know their personalization business best and seem to have the lead in personalization efforts. The entertainment business (music and big book-stores) comes quite close with their recommendations, but shoe, toy and office supply sites seem to show bad results.

Spot On!
When results go up by almost 15% to the prior year, of shoppers who complain about not getting recommendations, then this should ring e-tailers’ alarm bells. Especially, if we learn from the study that nearly 60% who had spent at least $500 online in the past six months buy something according to recommendation features. Less successful are suggestions on order confirmations, promotional and transactional e-mails.

PS: Testing is important and e-tailers should be doing this in a periodical mode.

Das ist der Gipfel – Copycat als Trendsetter?

Was ist eine Business-Partnerschaft heute noch wert? Welche Nachhaltigkeit haben Partnerschaften zwischen Unternehmen im heutigen schnellebigen Wettbewerb um Kunden? Was interessieren manche Firmen ihre Business-Partner von gestern? Ein paar Fragen, die mir heute durch den Kopf gingen, als mir diese Anzeige eines Event-Veranstalters vor die Augen kam (siehe Foto unten links).

Aufgrund des Layouts und der textlichen Gestaltung fühlt sich der Interessent an das Trendforum (Flyer 2009, Foto rechts) erinnert. Die Veranstaltung Trendforum des Management Forums Starnberg in Zusammenarbeit mit der Verlagsgruppe Handelsblatt würde in diesem Jahr sein 10-jähriges Jubiläum feiern. Da ich in den letzten beiden Jahren Partner des Trendforums war und deren Leitlinien der Veranstaltung kenne, habe ich natürlich der Anzeige Aufmerksamkeit geschenkt.

Doch es stellte sich heraus, daß es dabei gar nicht um das Trendforum geht, sondern um den Trendgipfel?!

Neupositionierung? Umorientierung? Umbenennung? Oder Präventivschlag? Offensichtlich Letzteres! Es ist eine Trend-Veranstaltung, die irgendwie als Copycat daherkommt. Ist das nun trendy?

Die Veranstaltungspromo gipfelt darin, daß eine der Veranstaltungspartner des ehemaligen Trendforums einen Alleingang macht: die Verlagsgruppe Handelsblatt. Auch wenn es auf den ersten Blick so aussieht, als ob das Management Forum Starnberg weiterhin Partner ist – dem ist aber nicht so. Die Partnerschaft zwischen den Veranstaltern wurde letztes Jahr gekündigt seitens des Verlages. Jetzt ist klar warum.

Der ehemalige Businesspartner des Trendforums und dessen Ideengeber Frau Wiedmaier, Geschäftsführerin des Management Forum Starnberg, wurde nicht informiert. Der Titel wurde kurzerhand geändert. Die URL beihalten und “umgelenkt”. Das Layout und Design ist ebenfalls nahezu unverändert. Ein richtiges neues Logo ist nicht erkennbar. Einfach mal schnell bemerkt (siehe Post-It Kommentar rechts), daß der Event “Dieses Jahr im Juni” stattfindet. Obwohl es bisher noch gar keinen Trendgipfel gab?!

Das Trendforum wird es aber auch weiterhin geben – geplant ist es für den 23. und 24. November 2010.

Ist das nun der Gipfel oder ein cleverer Schachzug?

Spot On!
Das Konzept des Trendgipfels wendet sich an “Vorstände, Geschäftsführer, Marketing- und Vertriebsleiter”. Befassen die sich wirklich Marketing- und Vertriebsleiter mit den Trends der Zukunft? Oder sind das nicht eher die Unternehmesleitung, strategische Planungstellen und Trend- und Innovations-Management, die bisher durch das Trendforum addressiert wurden?

Manchmal wundert man sich über die Strategien der führenden deutschen Verlagswelt. Und auch über deren “Sateliten-Business”, welches das Unternehmens als Trendsetter erscheinen lassen soll. Und man frägt sich, welches Grundverständnis heutigen Business-Partnerschaften zugrunde liegt.

Is e-meeting a trend or the future?

While some signs suggest the economy is stabilizing and the global recession might find an ending, the majority of business travel managers will be looking for alternatives to travel that can be enabled by technology in the future.

A recent survey “2010 Corporate-Travel Spend Plans & Tactics,” conducted by Kotler Marketing Group, in conjunction with the Association of Corporate Travel Executives (ACTE) provides a detailed analysis of enterprise travel spend plans versus the growing use of electronic alternatives (e.g. web- and video-conferencing) to offset travel.

- 55% of respondents would rely on electronic alternatives more in the future in order to reduce travel expenses.
- More than 40% said their organizations are replacing sales-related travel with conferencing in coming years.
- However, web and video conferencing were not rated as “usually effective” means in accomplishing the goals of their meetings.

Another interesting result of a study by the Palm Springs Desert Resort Communities Convention and Visitors Authority shows that desert hotels lost an estimated $30 million in convention and meetings travel from late 2008 through May.

Now, we might argue and ask the question if executives refrain from going on planes the way they did in the past. And we might ask if spending money for big conferences is ‘out’. So, will department kick-offs with nice trips to the US (or some other interesting places worldwide) be a thing of the past in some years?

Spot On!
Some years ago, one of my partners said: “Can I insert my Miles&More card in our new video conferencing system?” What sounds funny to us has more impact than most of top management members might think. Traveling is a personality statement for a lot of managers. It is also about gestures, mimic, sensual perception, hand-shaking and all that which makes more impression on our business contacts and our deals than some stockholders might think when looking at their shareholder value. Meaning, companies will face a conflict in terms of cost savings and probably embrace the trend of the new technology. Nevertheless, businesses will be trying out alternatives to traveling for meetings with web- or video conferencing. In my opinion meetings need to happen in real life more frequently than online.

Do meetings not have a deeper meaning for business? What is your perception about the effectiveness of these new meeting technologies as travel replacements?

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