The new MINI Countryman just launched thneir first exclusive commercial video. The slogan for their new car: Life is out there. Go live it. And once you have seen the spot you know what mmakes the difference between offline and online.

News Update – Best of the Day

Is the marketers attitude towards traditional advertising changing as all marketers are looking for engagement? PepsiCo is challenging social media efforts big time this year and will not invest in an expensive super bowl campaign. A budget of 20 mio. USD will be invested into a social media campaign. Mashable has all the facts…

If you are in the wine business (or a wine ‘geek’) and looking how to improve your business ideas just listen to a nice case study and see what the social web can do for you. Joe Roberts, certified specialist of wine, shares some good information and show the challenges for big brands with social media.

The world is talking just about one new technology product: the iPad. But did you know that there is already a home-made commercial on YouTube for it? How do you like the idea of the dancing fingers?

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?

News Update – Best of the Day

How many mobile phone users work with the mobile web today? A new study out of the UK states that 76% of mobile phone users don’t use their mobile to access the web. Even worse sounds the fact that 60% of respondents do not own a mobile with Inernet access (though 30% of those are interested in getting one).

Some experts are discussing if e-readers could replace newspapers. A study by the University of Georgia says portable e-readers such as the Kindle are unlikely to win readers back to the newspaper habit. Young adults in particular compared the Kindle DX used in the study unfavorably to smart phones, such as the iPhone or Blackberry. BUT: If these mobile readers include features such color, photographs and touch screens, the markets might change these results.

Many web-experts start to set up their mobile app. But how can you successfully market a mobile app. AppsFire.com shares some experience from French app store Ratp and the Paris underground.

News Update – Best of the Day

It sounds unbelievable but a study by the Kaiser Family Foundation states that the average young American spends every waking minute — except for the time in school — using a smart phone, computer, television or other electronic device. Those ages 8 to 18 spend more than 7 1/2 hours a day with such devices. One hour more than five years ago, when the study was last conducted. And the results does take into account the hour and a half they are texting, or the half-hour they talk on their cell phones.

Social Media trends for business in 2010? Almost all bloggers have written their social media business input and predictions for companies in 2010. Jeremiah Owyang sees four trends – understandable and with the right focus on customers. Take your time for the post…

Sometimes things seem to be worse than they appear to you. And sometimes, they have just a funny turning point like this commercial by Nolan’s cheddar.

BreakingPoint: Insights in their social media strategy

Yesterday, I was refering to the case study by BreakingPoint to show the impact of social media for lead generation. And I promised to get some feedback from the responsible person at BreakingPoint on how they made these results happen. Kyle Flaherty gave me some insights in BreakiingPoint Systems social media strategy which I am allowed to share with you.

In his eyes, the succes of companies with social media needs to follow a company’s philosophy in a way that “social media should not be a separate entity in the marketing or communications strategy, in fact it must be part of your company DNA if it is to be successful.”

The main question I was asking myself was how they at BreakingPoint organize their social media activities and content production. Kyle told me that it was a long learning curve. Today, he is working with a team of eight bloggers (all highly technical) who fill their Twitter program (nearly 25% of company members are on Twitter), Facebook, LinkedIn Groups, corporate blog, etc. And he describes the content production process as follows:

“For our blog it is a very organic process, which I believe works best. I send notes out to potential bloggers each month discussing certain themes and asking if folks are working on anything in particular. This sparks some thoughts around blog posts, which they send my way for editing and SEO. As for LinkedIn, every member is put through a qualification process and given very clear engagement rules for the group. I enforce these from time to time by explaining to people how they should engage, kicking out spammers, etc. I also will go into the group on a daily basis and pose a question to start up conversation and ask particular members to respond in order to facilitate communication.”

The question of people who want to involved in social media is always: What is the overall investment in starting social media activities? Kyle responds that the investment was not massive spendings. Although it has to be said that Kyle managed web development projects for years in his last job which probably saved the company some dollars.

“Two specific areas we spend money when it comes to social media. First is with equipment for podcasts and video, which is an important element of our social media strategy. In 2009 I spent only $2,000 (U.S) for equipment. The other element is our website and the development of a new blog (debuting in February!). This is obviously a more substantial cost, but one we would have done no matter what. In my opinion a good site development, depending on what you are doing, can be done for around $15,000 (note that I managed web dev projects for years in my last job). Otherwise our budget is spent on “traditional” marketing areas such as drip email marketing, events, demand gen, etc. But it is important to note that we integrate social media with each of these elements.“

From a sustainability point of view it is often argued that social media can save money as a positive factor compared to traditional marketing. Kyle tells me that using social media is not a tactic to save money but that the budgets spent follow the same KPI rules of traditional marketing efforts.

“We worry less about saving money and more about making our activities work for us. For example, we map nearly every dollar spent back to sales. If a marketing activity, whether traditional or social media focused, is not brining in sales we do not engage in that activity for much longer.”

Today, 30% of their generated leads are coming from social media activities – and all leads are new contacts.

Kyle Flaherty is Director Marketing and Communications and manages external communications, community relationships and influencer marketing at BreakingPoint. He also blogs on b2b marketing topics on his personal blog Dance with strangers.

News Update – Best of the Day

People 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

The 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 suit and strengthens the effectiveness of the ’silent click’ and the value of the 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.

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