What Digital Adopters Want, How to Reach Them, and Why Every Marketer Should Pay Attention
Sunday, 3 April 2011
Friday, 1 April 2011
The Like Log Study: What can we learn from Facebook reactions to online news?
The Like Log Study from Yury Lifshits on Vimeo.
[Single Infographics]
The Rankings
New York Times is the leader of social engagement with 2.3M likes/month, 400 likes for a median story and 13 articles in top 40. Wall Street Journal story "Why Chinese Moms Are Superior" is the greatest hit with 340,000 likes.The Numbers
There are around 10 likes per 1000 pageviews (across several websites with public PV numbers). Decay of engagement is extremely sharp, with less than 20% likes happening after the first 24 hours.The Trends
Stories about Facebook, Apple, Verizon, Groupon, future and infographics are universally popular across technology blogs. Articles about Microsoft, Amazon, Samsung, cloud computing, TV and search see much less engagement.Recommendations
- Big effort for big stories
- Improve promotion of your best content
- Improve your median story
- Invest in demand analytics
- Invest in social media optimization
The Rankings
Facebook allows anyone to get the total number of likes for any URL. For this study we collected like counts for 45 popular news sites over the period of three months. You can sort our collection by any parameter.
| Site | Total likes | Top story | Top 13 stories | Top 90 stories | Median story | # of 3+ liked stories |
|---|---|---|---|---|---|---|
| New York Times | 6815796 | 105289 | 12% | 36% | 398 | 3955 |
| BBC | 4331367 | 140012 | 13% | 38% | 225 | 3867 |
| NPR | 2549613 | 119351 | 18% | 48% | 98 | 2576 |
| The Guardian | 1883161 | 78066 | 21% | 47% | 122 | 2408 |
| Yahoo! Sports | 1774183 | 40490 | 16% | 47% | 32 | 3325 |
| Fox News | 1730704 | 33281 | 13% | 38% | 71 | 3644 |
| Yahoo! News | 1693928 | 42995 | 26% | 60% | 95 | 2476 |
| BuzzFeed | 1479737 | 112289 | 28% | 57% | 60 | 3251 |
| TechCrunch | 1441201 | 7475 | 3% | 12% | 484 | 2595 |
| Yahoo! Shine | 1385644 | 58843 | 29% | 78% | 0 | 751 |
| CNN | 1263924 | 238596 | 42% | 78% | 0 | 690 |
| Wall Street Journal | 1205701 | 342294 | 58% | 81% | 1 | 1353 |
| Mashable! | 1041076 | 69290 | 23% | 44% | 190 | 2035 |
| AOL News | 1010507 | 48115 | 25% | 54% | 43 | 1940 |
| Yahoo! Music | 1002684 | 55338 | 24% | 62% | 28 | 1371 |
| TIME Magazine | 890017 | 328192 | 51% | 72% | 28 | 2709 |
| Yahoo! Movies | 758456 | 42002 | 34% | 80% | 45 | 667 |
| Huffington Post | 710561 | 42005 | 35% | 71% | 25 | 1281 |
| Reuters | 655062 | 152780 | 42% | 67% | 15 | 3281 |
| Engadget | 600962 | 26858 | 16% | 40% | 60 | 2961 |
| The Economist | 593271 | 63317 | 25% | 49% | 97 | 1679 |
| Vanity Fair | 592001 | 44998 | 46% | 80% | 35 | 1027 |
| Forbes | 538588 | 56695 | 47% | 70% | 19 | 2305 |
| Wired | 469834 | 29806 | 25% | 57% | 107 | 1220 |
| Change.org | 400062 | 42310 | 42% | 64% | 42 | 1601 |
| The Daily Beast | 370000 | 14752 | 22% | 49% | 17 | 2140 |
| Bloomberg | 352700 | 15092 | 29% | 57% | 11 | 2906 |
| Yahoo! OMG | 317684 | 23268 | 38% | 73% | 6 | 1929 |
| CNET | 305803 | 11273 | 23% | 54% | 31 | 2028 |
| Gawker | 251199 | 48976 | 53% | 85% | 0 | 563 |
| Yahoo! Finance | 220971 | 30228 | 52% | 97% | 0 | 317 |
| Fast Company | 199552 | 19395 | 29% | 59% | 30 | 1470 |
| Business Insider | 199545 | 13630 | 46% | 76% | 3 | 1239 |
| Good Magazine | 197445 | 7301 | 22% | 51% | 25 | 1706 |
| ReadWriteWeb | 144279 | 13763 | 39% | 60% | 15 | 1676 |
| BNET | 136556 | 13481 | 44% | 70% | 5 | 1540 |
| Business Week | 89036 | 10515 | 33% | 58% | 1 | 1418 |
| eHow | 87843 | 9665 | 44% | 72% | 0 | 945 |
| Inc Magazine | 87540 | 5553 | 29% | 58% | 17 | 953 |
| GigaOm | 64357 | 4284 | 32% | 54% | 6 | 1686 |
| VentureBeat | 51021 | 1804 | 18% | 42% | 10 | 1722 |
| Associated Content | 49383 | 12398 | 77% | 93% | 0 | 405 |
| All Things D | 21502 | 1872 | 43% | 80% | 0 | 401 |
| paidContent.org | 9955 | 942 | 36% | 68% | 1 | 441 |
| Poynter | 8660 | 1207 | 42% | 79% | 0 | 294 |
We use 13 top stories as a model for "one story per week" strategy and 90 stories as a model for "one story per day" strategy.
[Single Infographics]
Reference: Yury Lifshits. Ediscope: Social Analytics for Online News. Yahoo! Labs, Tech. Report No. YL-2010-008.
Short URL: http://bit.ly/likelog
Contact: lifshits@yahoo-inc.com
Released under CC BY 3.0 license
The Like Log
45 sites, 100K+ articles, 40M+ reactions
Three months from 10/2010 to 01/2011
"Total" facebook counts:
likes + shares + facebook comments
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Monday, 28 March 2011
So you think you can design a logo?
It takes a rare skill to graphically boil down the ethos of an organisation – consider some of the finest attempts
How many logos have you seen today? Perhaps you maintain a lofty disdain for such things, but logos are unavoidable and, in their own way, quite remarkable. With a few lines, a good logo can articulate the aims of a charity or symbolise a city.
Deutsche Bank. Designer: Anton Stankowski, 1974 Logos today get a pretty bad press: "How much? My 12-year-old could have done that." Often, that's true, sort of. Take the Deutsche Bank logo. Created in 1974 by artist and designer Anton Stankowski, it consists of a blue box with an oblique line inside: that's it. And yet it represents a multibillion-pound business. Any self-respecting pre-teen with a ruler and a felt tip could have made a decent stab at it, a fact not lost on German newspaper Bild Zeitung which, at the time of the logo's launch, wrote a disbelieving story headlined "Artist gets 100,000 Marks for five lines" (he didn't get that much, by the way).
And yet such graphic devices can attain enormous power. So what makes a successful one? Simplicity helps. The Deutsche Bank square is neat visual shorthand for the type of values you might want in a bank security (the square) and growth (the oblique line) – hopefully of your savings and not just the employees' bonuses. But its real power comes from repetition. A line in a box could represent any bank, but repeat it often enough (with a few million in marketing spend behind it) and it comes to be associated with just one.
Woolmark. Officially designed by Francesco Saroglia but often credited to Franco Grignani, 1964 A bit of visual trickery works too. Take the Woolmark, the Op Art-inspired skein devised for the International Wool Secretariat in 1964. It's a beautiful, timeless symbol abstracted just enough. Or, also from 1964, the British Rail logo, known variously as "the crows' feet", "the barbed wire" or "the arrows of indecision". It replaced the old "ferret and dartboard" crest that had been in use since 1956, sweeping away pseudo-heraldic flummery with a bold modernism that promised a new "Age of the Train".
Logos can also be friendly, lovable even. Bibendum, aka the Michelin Man, first appeared in 1898. Legend has it that the Michelin brothers, Edward and André, were visiting the Lyon Universal Exhibition in 1894 when Edward noticed a pile of tyres on the company stand and declared "with arms, it would make a man". Compared with the grinning character that we are accustomed to, early versions depict an almost sinister figure, bespectacled and chomping permanently on a cigar. For a while, he was even known as the "road drunkard".
Michelin. Designer: O’Galop (Marius Rossillon), 1898 Few logos today match the charm of a Bibendum or the simplicity of a Woolmark. Overcomplicated and overdesigned, they are the victims of endless research and managerial dithering, setting costs spiralling. But to take the ethos of an organisation and successfully boil it down into a simple mark takes rare skill. Think of the WWF Panda, the London Underground roundel or the Rolling Stones tongue. Logos carry the can for capitalism's excesses but can also be adored elements of our visual culture.
All those mentioned above feature in Creative Review's 20 favourite logos chosen for our current issue. What would be on your list?
How many logos have you seen today? Perhaps you maintain a lofty disdain for such things, but logos are unavoidable and, in their own way, quite remarkable. With a few lines, a good logo can articulate the aims of a charity or symbolise a city.Deutsche Bank. Designer: Anton Stankowski, 1974 Logos today get a pretty bad press: "How much? My 12-year-old could have done that." Often, that's true, sort of. Take the Deutsche Bank logo. Created in 1974 by artist and designer Anton Stankowski, it consists of a blue box with an oblique line inside: that's it. And yet it represents a multibillion-pound business. Any self-respecting pre-teen with a ruler and a felt tip could have made a decent stab at it, a fact not lost on German newspaper Bild Zeitung which, at the time of the logo's launch, wrote a disbelieving story headlined "Artist gets 100,000 Marks for five lines" (he didn't get that much, by the way).
And yet such graphic devices can attain enormous power. So what makes a successful one? Simplicity helps. The Deutsche Bank square is neat visual shorthand for the type of values you might want in a bank security (the square) and growth (the oblique line) – hopefully of your savings and not just the employees' bonuses. But its real power comes from repetition. A line in a box could represent any bank, but repeat it often enough (with a few million in marketing spend behind it) and it comes to be associated with just one.
Woolmark. Officially designed by Francesco Saroglia but often credited to Franco Grignani, 1964 A bit of visual trickery works too. Take the Woolmark, the Op Art-inspired skein devised for the International Wool Secretariat in 1964. It's a beautiful, timeless symbol abstracted just enough. Or, also from 1964, the British Rail logo, known variously as "the crows' feet", "the barbed wire" or "the arrows of indecision". It replaced the old "ferret and dartboard" crest that had been in use since 1956, sweeping away pseudo-heraldic flummery with a bold modernism that promised a new "Age of the Train".Logos can also be friendly, lovable even. Bibendum, aka the Michelin Man, first appeared in 1898. Legend has it that the Michelin brothers, Edward and André, were visiting the Lyon Universal Exhibition in 1894 when Edward noticed a pile of tyres on the company stand and declared "with arms, it would make a man". Compared with the grinning character that we are accustomed to, early versions depict an almost sinister figure, bespectacled and chomping permanently on a cigar. For a while, he was even known as the "road drunkard".
Michelin. Designer: O’Galop (Marius Rossillon), 1898 Few logos today match the charm of a Bibendum or the simplicity of a Woolmark. Overcomplicated and overdesigned, they are the victims of endless research and managerial dithering, setting costs spiralling. But to take the ethos of an organisation and successfully boil it down into a simple mark takes rare skill. Think of the WWF Panda, the London Underground roundel or the Rolling Stones tongue. Logos carry the can for capitalism's excesses but can also be adored elements of our visual culture.All those mentioned above feature in Creative Review's 20 favourite logos chosen for our current issue. What would be on your list?
Article By: Patrick Burgoyne
guardian.co.uk,
Follow Blue Crayon Saturday, 26 March 2011
Digital Marketing Guide: How Do I Increase My Twitter Following?
How Do I Increase My Twitter Following?It's important to remember that chasing numbers can be futile, since even those with envied Twitter followings may not have as many followers as the numbers indicate they do.
Even so, the first thing many people do when they hear of a name, a company or a brand is search for it on Google and Twitter, so there are benefits to a robust following, especially if they are organic and engaged.
1. Tweet about stuff you know and love. Your passion and expertise will show and people will recognize it.
2. Make sure your Twitter account name reflects who you are and what you do. For those whose name isn't a brand in its own right, pick one that's short and to the point. When third generation NYC journalist Jonathan Mandell decided to tweet about theater, he picked @newyorktheater.
3. Related to No. 2, make sure you fill out the bio that shows up under your account name. In case your name is your account name, put your city and description.
4. Follow people. Yes, some of them will follow you back and many won't, but to participate in the Twitter economy, follow. This goes for individuals and companies.
5. Read other people's tweets and ask questions, clarifications and followups. If you're a company, take the complaints offline -- but take them for sure.
6. Unless you're @nytimes or @cnn, don't just hose us with links to your stuff. Throw in observations, funny things you see during the day. Go ahead and break the unofficial rule and tweet what you're having for lunch once in a while. Because someone's going to say they also had a $5 footlong. And that someone could be your next big client.
7. Don't link and run. Even when you post links to your work and intersperse them with links to things you find interesting, stick around for the discussion. Attend to everyone who messages you and especially those who @ you. People remember if they didn't get a response.
8. Tweet consistently. Nothing is more depressing than looking up an account with one tweet from 2010 and two from 2009. Total. (Hi, @redlobster.) Hire someone!
9. If you hire someone to tweet for you or your brand, make sure you trust them. Because if you trust them, they'll be able to have a personality.
10. Remember the Murphy's Law of Twitter is (thanks to @kevinmarks) that being retweeted gets you more followers, but tweeting loses them. So be sure to say things that get retweeted!
By: Irina Slutsky
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Tuesday, 22 March 2011
What to Do When Your Client Is Ignoring Reality
| |
| Curt Hanke | |
How to Diagnose and Cure Brand Grandiosity
It's an ongoing war, really. A daily cage match that never ends. And it's going on within each of us -- every man, woman and child -- each and every day. Social psychology tells us that there are two fundamental human needs engaged in this epic, ongoing conflict. In one corner, we find Reality -- the need for each of us to see the world as it actually is, to accurately and rationally understand and engage with "the facts" as best we can discern them through our own unique perspective. In the other corner, Self-Promotion -- the need for each of us to see ourselves in a good light, as "right and knowledgeable," to protect our identity and sense of well-being, which are rooted in our deep-seated sense of survival.Thus, the title card reads: Reality vs. Self-Promotion. Doing battle every day, in every situation, constantly fighting for control over the way we look at the world.
Now, while I could certainly ruminate on the implications of this inner turmoil for us as individuals walking the earth together, my topic for this column is actually what this tug-of-war often means for us in defining our premises -- and building solutions -- with and for our clients.
The Big Problem
By and large, almost any client, in any category, thinks about his or her brand more in a single week than the average consumer will in a year -- or perhaps an entire lifetime, for that matter. So whether we're talking toothpaste, apparel or even motorcycles, it's understandable how difficult it is for our clients to see the proverbial forest for the trees.
This, in turn, leads to the big problem. Given that our clients eat, breathe, live and even sleep their brands -- and because their job description and paycheck require that they champion their brands -- it can often lead to them cheering themselves into a stilted version of reality. One in which self-promotion pummels reality with more than a few haymakers. A situation that we refer to as "Brand Grandiosity."
So whether we're working with a category leader or a startup, this battle often leads to a flawed -- and overly inflated -- sense of consumer perceptions. "Everyone loves us!" "We're known as the up-and-comer!" "We are a dominant brand in that market!" (This, from a brand with single-digit market share and unaided awareness in the teens.)
In quantifying Brand Grandiosity, we often find that clients have anywhere between a doubled to quintupled inflation of their brand's awareness -- this, even with research numbers in front of them. ("I don't believe this research!") And when it comes to brand perceptions, it can be even worse with a wildly overblown sense of their brand's performance on a wide range of attributes.
So in the context of the psychological struggle painted above, self-promotion is kicking reality's metaphorical butt.
The Challenges of Brand Grandiosity
In many ways, I admire Brand Grandiosity. After all, clients work hard every day, finding white spaces, mining for opportunities, and chasing victory for their brands. With this passion -- this very literal "self-promotion" -- it is very understandable how this can lead to an inaccurate sense of their brand's "reality."
That said, it certainly presents challenges. If you think your brand is perceived (or known) better than it is, this will have serious implications on every part of your marketing and brand strategy. Investment framework. Competitive frame of reference. Positioning levers. Sales activity. Customer service. Brand substantiation. Bottom line, the way we fundamentally define our brand's problems (and opportunities) will have a significant impact on the solutions that we develop. And if we're starting in the wrong place, the odds that we will end up in the right one are, quite frankly, not great.
How to Cure Brand Grandiosity
As with almost anything, acknowledging that there is a problem is the first step. As an external partner, part of the role of an agency must always be providing the wide-angle lens for our clients. To help call BS when necessary. Or to at least poke, prod and encourage that together we continue to look at the marketplace with fresh (and accurate) eyes.
Now, this isn't always easy. As Mark Twain once said, "Education is the path from cocky ignorance to miserable uncertainty." Nevertheless, at minimum, our responsibility is to initiate a conversation.
Obviously, research is often a vital prescription. For clients who are unwilling to invest in qualitative or quantitative insights -- and when we are fairly certain that Brand Grandiosity is taking place -- we will go so far as to "bet" our fees on the research outcomes. Meaning that if after the research is complete, there is not a consensus on a case of Brand Grandiosity, we'll write off all of our time. In 10 years, this is a bet we've never lost.
Last, when you just can't find a way to make formal research happen, roll up your sleeves and hit the pavement. Pick up the phone. Visit with consumers and prospects where they live. Dig deep into the myriad issues facing your brand. While this method is far from perfect, spending time in the marketplace will always provide a new way of looking at the situation.
Brand Grandiosity comes from a good place -- true passion and advocacy on behalf of a client's cause. But it can also be a significant barrier to creating a brighter reality for a brand. As such, being ever vigilant is critical, because as we all know, an ounce of prevention is worth a pound of cure.
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| ABOUT THE AUTHOR | |
Curt Hanke is the co-founder and account director of Shine, a 32-person advertising and interactive agency headquartered in Madison, WI, serving clients such as Harley-Davidson Motor Co., Carver Yachts, Wisconsin Cheese, Kaplan and Winston Fly Rods. | |
Monday, 21 March 2011
Building Brands Online white paper
Building Brands Online white paper, Interactive Branding: Best Practices in a Direct Response Driven Media
http://adage.com/whitepapers/

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http://adage.com/whitepapers/

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Friday, 18 March 2011
Non-Profits: Get Your Free Web Marketing Plan, Courtesy of Bing, Deep Focus, Twitter and Facebook
Social Hackathon Teaser from Deep Focus on Vimeo.
Most non-profits can't afford to big brand-name agency and media consultants, but now they can at least benefit from their insights, for free.
Digital shop Deep Focus spearheaded a "hackathon" last month in San Francisco to help the charity DonorsChoose.org, but rather than keep all that useful information secret, they're releasing it on the web to help other charities address mounting tech-related challenges.
The result: an e-book titled "The Goodness Engine: Driving Greater Social Impact in the Digital World," which contains tips for any nonprofit and for-profit companies interested in using the kind of state-of-the-art strategies dreamed up by the 40 participants including execs from Google, Twitter, Facebook, Altimeter Group, WebTrends, O'Reilly Radar and, well, Cheezburger Network.
Deep Focus client Microsoft sponsored the effort through Bing and Hotmail.
Christian Borges, VP-social media communications at Deep Focus, said the information that resulted from the hackathon is extremely valuable, but it was important that it be made available for free.
"It's really about aggregating all of that info and that experience packaging it in a way that's compelling and relevant and putting it out there for free consumption," Mr. Borges said "It's putting our dollars and money where our mouth is and leading by example. Hopefully more organizations can do the same."
Download the Ebook
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Facebook “Likes” More Profitable Than Tweets [STUDY]
If event registration site Eventbrite’s experience is any indication, social media marketers looking for monetary returns on their efforts might get more value from Facebook than Twitter.
The company announced Wednesday that an average tweet about an event drove 80 cents in ticket sales during the past six months, whereas an average Facebook Like drove $1.34.
The study, which used in-house social analytics tools to track ticket sales on the site, was a continuation of a similar analysis the company released in October after analyzing data from a 12-week period. That study also indicated Facebook drove more sales for Eventbrite than Twitter, although the difference between the two networks’ sales per post was greater at that point than throughout the entire six-month period (the “value” of tweets increased).
In addition to each individual Facebook Like driving more sales than an individual tweet, the study also revealed cumulative activity on Facebook was greater than activity on Twitter for Eventbrite. People shared Eventbrite events on Facebook almost four times as often as they did on Twitter. The company attributes this disparity to Facebook’s wider reach and greater emphasis on real-world ties.
It’s important to note that only a very small percentage of site visitors shared event pages on either network. Just 1% of people who landed on an event page shared it with their friends; 10% of people who had purchased a ticket did the same.
Obviously people are more likely to share events if they are attending. Their friends, according to Eventbrite’s data, are also more likely to buy tickets to an event shared on Facebook by a ticket holder than one shared by an uncommitted friend. Whether these trends, or any of Eventbrite’s findings, are relevant to other types of purchases is still a matter of speculation. But Eventbrite is betting they are.
“We carefully track sharing behavior in an effort to help event organizers tap into a new world of distribution for their event promotion,” wrote Tamara Mendelsohn, Eventbrite’s director of marketing and former senior analyst at Forrester Research, in a blog post about the study. “But the findings apply broadly to all e-commerce businesses, because the foundations of e-commerce are shifting as the social graph becomes a meaningful influence in driving transactions.”
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Image courtesy of iStockphoto, imagedepotpro
by Sarah Kessler
The company announced Wednesday that an average tweet about an event drove 80 cents in ticket sales during the past six months, whereas an average Facebook Like drove $1.34.
The study, which used in-house social analytics tools to track ticket sales on the site, was a continuation of a similar analysis the company released in October after analyzing data from a 12-week period. That study also indicated Facebook drove more sales for Eventbrite than Twitter, although the difference between the two networks’ sales per post was greater at that point than throughout the entire six-month period (the “value” of tweets increased).
In addition to each individual Facebook Like driving more sales than an individual tweet, the study also revealed cumulative activity on Facebook was greater than activity on Twitter for Eventbrite. People shared Eventbrite events on Facebook almost four times as often as they did on Twitter. The company attributes this disparity to Facebook’s wider reach and greater emphasis on real-world ties.
It’s important to note that only a very small percentage of site visitors shared event pages on either network. Just 1% of people who landed on an event page shared it with their friends; 10% of people who had purchased a ticket did the same.
Obviously people are more likely to share events if they are attending. Their friends, according to Eventbrite’s data, are also more likely to buy tickets to an event shared on Facebook by a ticket holder than one shared by an uncommitted friend. Whether these trends, or any of Eventbrite’s findings, are relevant to other types of purchases is still a matter of speculation. But Eventbrite is betting they are.
“We carefully track sharing behavior in an effort to help event organizers tap into a new world of distribution for their event promotion,” wrote Tamara Mendelsohn, Eventbrite’s director of marketing and former senior analyst at Forrester Research, in a blog post about the study. “But the findings apply broadly to all e-commerce businesses, because the foundations of e-commerce are shifting as the social graph becomes a meaningful influence in driving transactions.”
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by Sarah Kessler
QR Codes: Game Changer or Passing Fad?
Have you seen one of these anywhere lately? If you have and wondered what it was, it's called a QR code and it could quite possibly be one of those game-changer technologies that you'd be far better off understanding now rather than later.
QR is short for Quick Response, which is exactly what these puppies give you. Insert one in an ad, on a direct mailer, or even a simple sign in the middle of a park, and you give a consumer instant access to any kind of information that can be stored digitally on the Internet.
Like most things in technology today, there are competing formats, but that's not what I want to discuss. Instead, what I'd like to discuss (you'll have to add your two cents in the comments area) is whether or not this is "real" or just another shiny thing.
I've been experimenting with this technology quite a bit over the last year and in each and every case, I find the results impressive. Thus, in my opinion, I think QR is a game changer.
QR codes make everything interactive. I've placed them on clothing, in direct-mail packages and of course on advertisements and banners. In each and every case, those QR codes gave consumers (or new-business targets) the opportunity to go deeper and learn more via microsites, video and audio. Now a magazine or newspaper ad -- even a printed book -- can be interactive rather than passive.
In their new book, The Now Revolution, authors Jay Baer and Amber Naslund include 22 QR codes that link the reader to video of a person discussed in the book, charts and graphs for download, and more. By including the QR codes (actually they used MS codes -- the Microsoft variety of QR), they gave readers additional information that in most cases could not be included in the book and it made reading their book a highly interactive experience. In fact, if you'd like to see QR codes in action, I'll send one of you a copy of their book. Just scan the QR code above. (If you don't have a QR scanning app, I suggest ScanLife. It's what I use and works very well. We'll call this my interactive learning gift to you. OK?)
QR codes can be easily customized. QR codes can point consumers to mobile-friendly, customized microsites where the consumer can receive unique information that is highly relevant at a specific point in the purchase process. For example, have you bought a TV at BestBuy lately? If you had, you might have noticed that next to each TV is a QR code that links you to consumer reviews of that set. It totally changes the buying process and the role of the sales associate.
QR codes are inherently trackable. You can view how many scans, where those scans came from, even what type of phone scanned the code. Hmmmm, wouldn't that be interesting when you're debating whether or not you need to build an iPhone, Android, Windows and Blackberry app or maybe you just need an iPhone app? And if you are a destination brand, how valuable would it be to understand where (as in geographic location) people are located when they scan your ad in that big national magazine? Might that aid you in localizing your marketing? Or maybe you'd like to link that original scan to a local (in market) scan so that you can definitively say X number of folks saw your ads and then visited the market within Y days? All of this is possible with a simple QR code.
In my opinion, QR codes are anything but a shiny object, they are nothing short of revolutionary technology that in time will be commonplace here.
But as I said, that's my opinion. What do you think?
3 Ways Small Businesses Can Use Social Media To Drive Customer Loyalty
Customer loyalty is at the heart of every business, both large and small. One common industry statistic that is referenced time and again is that it is five times more profitable to spend marketing dollars to keep your best customers rather than acquiring new ones. Small businesses get this equation in spades.A Harvard Business Review study demonstrated that recovering only five percent of abandoning customers could increase profitability by 30 to 85 percent.
Recently, Marchex asked several hundred small businesses in a customer survey what was most important, and “keeping existing customers” was on top (46%) followed by “getting new customers” (26%).
The importance of customer loyalty isn’t a new concept for small businesses, but understanding what loyalty means in this digital age is a new imperative.
Small businesses have to understand how quickly consumers are shifting their conversations and other social actions to the online world. The adoption of social sites such as Foursquare, Yelp, Citysearch, Twitter, Facebook and blogs is growing at a rapid rate.
Turn Customers Into Your Best Advertising
Soaring usage of social media is creating an interesting dynamic in the marketplace by creating a dramatic shift in power to the customer. No longer does a loyal customer simply represent a repeat purchase or occasional referral business. Customers now have the ability to broadcast sentiment about the businesses they visit and services they use to thousands of people instantly.This means loyal customers are a small business’s de facto marketing department. Due to the emergence and adoption of social media, customers now have the ability to generate new business, craft a brand image, and inspire loyalty through tweeting, blogging, reviewing, following, and so forth. Given a small business’ limited time and resources, this can be a highly valuable asset if managed appropriately.
Maintaining good relationships with customers has reached a whole new level of importance in the digital age. A small business’ loyal customers will generate “online word of mouth” with positive reviews, mentions, and by broadcasting a visit on Foursquare.
With very little effort and access to the appropriate digital tools, loyal customers can be mobilized to ignite referrals, generate positive air cover, shift opinions, and help soften the impact of bad reviews.
So, what should a small business owner or operator do to manage the complexity of customer loyalty in an online social world? First, take a deep breath, relax, and then start participating.
Here are three suggestions to get the social ball rolling:
1. Listen To The Conversation
A small business can’t truly understand how to engage customers—especially their best customers—if they don’t know what their customers care about. Review sites, blogs and other social channels are a goldmine of valuable information. Customers now have the platform to tell a business exactly what to do to succeed, but first the business needs to hear and make sense out of all the chatter.
Effectively monitoring the chatter means scouring the online landscape for relevant dialogue and that can be time consuming. However, there are several online products like Marchex Reputation Management, which can aggregate customer conversations across the Internet and make it available all in one place with simple, yet invaluable insights and analysis.
2. Get Social
Once comfortable observing and understanding what customers are saying online, small businesses should dip their own toes in social media. Like it or not, small businesses need to be on the same social sites their customers use.
Social is not nearly as scary as one might think. In fact, after opening a Twitter account, Facebook page, Foursquare and Groupon memberships, small business owners may in fact discover that social is a lot of fun!
3. Engage Customers
Lastly, it is important to actively participate and communicate with customers (e.g., respond to a bad review, broadcast or thank a customer for a good one, ask for reviews and more). This is a great opportunity to engage the best customers who are active online by getting them to do more.
This could include things such as rewarding them for referrals or sending them bits of interesting information they can broadcast like new menu items, upcoming sales and holiday discounts.
However, communicating with customers can be challenging given the limited time and resources of a small business. Many will inevitably find that effectively managing social media and the dialogue with customers takes some time and a little trial and error. And, that’s okay!
There are affordable online products and services emerging, both self-serve or managed, that aggregate and simplify the engagement process for small businesses. These products are quickly becoming an essential addition to a small business’ marketing toolkit.
The bottom line: Like it or not, online conversations are happening and continue to increase in volume. The good news is that this trend presents small businesses with a fantastic opportunity to listen to, learn from, and engage with their customers on a scale never before possible. It’s a brand new way to drive customer loyalty.
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Mar 17, 2011 at 8:54am ET by Brooks McMahon
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