Getting Support for Social Media Marketing (or any other)

October 13th, 2009 4 comments

When asked for examples of B2B successes in social media, an esteemed panel of the industry’s who’s who in social media seemed stumped, offering few examples. They were terrific, and it’s not that these folks aren’t working with a good number of top brands. It’s just that we are not yet at the point where social media marketing – heck, even interactive itself – is a well-established component of the marketing mix.

It seems to me that before panelists are comfortable rattling off a list of top B2B brands engaged in social media marketing, companies will need a concerted effort to achieve the paradigm shift. Based on my experience, the following is crucial:

- Executive support: Nothing says let’s do it like a tops-down mandate. When HP’s then CMO tied 3 of her 6 annual goals to interactive skills development, use of emerging media and metrics, it was a rallying cry to marketers throughout the company to learn, adopt and measure.

Getting execs on board requires a thoughtful approach. What’s the business case, the value in business terms, impact on the company? Sales upside? Cost savings? Improved employee morale? Customer loyalty?

Things that may help convince management of the merits of any new form of digital marketing include bringing in a peer-level expert for a 1:1 conversation giving execs a chance to learn and network at the same time. Share a top-ranked book or two on the subject gives people the chance to get a base of knowledge on his/her own. Above all, you can’t communicate consistently or often enough on progress, results, best practices.

Once management are passionate about change – at least supportive – it’s easier to get everyone else on board. Chances are, management will do all they can to promote change, so have a plan to make it happen and get support from management for that. It helps to do the following:

- Set clear goals: Tell employees what the end game is. Increase customer satisfaction ratings via direct channels to customers? Reduce support costs? Increase points of contact with customers directly? Direct feedback from customers? All the better if the goal is quantified. To shift advertising mix to online at HP, we suggested an aggressive goal leading all other tech marketers. We were blown away when the U.S. team exceeded the goal in less than 2 quarters.

- Offer opportunities to learn: A speaker series featuring vendors, industry pundits or internal experts should give employees the chance to increase their comfort, familiarity and knowledge with new forms of marketing. Plus it’s usually a good environment to ask questions. Depending on the culture, webinars might work just as well as face-to-face.

- Tie to performance: If you have quarterly MBOs, why not make one of them acquisition of digital marketing skills? If I recall correctly, IBM used to insist employees take 16 days of education each year, a sure way to grow knowledge and expertise. Having an organizational system support change is change management 101.

- Cheer on successes: If people are doing good work, highlight it, recognize it, applaud the effort and spread the word. Success breeds success.

Just a few of my thoughts. What do you think? What else has worked for you?

Making Sense of Online Ad Revenue Numbers

October 8th, 2009 1 comment

Whenever stats are released, it’s useful to put them into context. Just this week, the Interactive Advertising Bureau published the latest online ad spend revenues for 1H 09 based on data from PricewaterhouseCoopers. Year over year, the numbers are down 5.3% to $10.9B vs $11.5B in 1H ’08. This will likely get some attention as it’s the first YoY drop since the dot com bubble burst in 2001. See eMarketer chart (thanks eMarketer!) 107334

In a down economy, marketing, and advertising in particular, is often hard hit, discretionary spend being an easy target for reduction. As I recently heard an agency exec explain, it’s a good news/ bad news scenario: the optimists double down to stand out when everyone else is pulling back and the pessimists pull out completely so the net is a wash at best.

As a client, I detested the tendency of online media reps to attempt to prop up the case for online with the argument that TV and newspapers are dying. Too easy to look to studies showing we spend more time watching TV on multiple screens and using DVRs to record Glee and House. As for newspapers, Paul Gillin said recently “newspapers aren’t dying; readers are.” The shift to free news online is well established, especially among younger demos.

Online ad spending has suffered far less than other forms of media in this tough economy. This should not be a surprise given the influence online wields in our daily lives and the fact that online is more measurable and effective than almost all other media, generally speaking.

As consumer confidence picks up and joblessness rates slow, media decision makers are likewise, more optimistic. In a recent poll by Advertiser Perceptions, online scored +57 meaning the percentage of respondents citing plans to increase spending in budgets over the next 6 months was 57 percentage points higher than those planning to decrease spending. Further, those who predict spending concur.

GroupM says online will make up 17% of all U.S. advertising in 2010 even though it’s growing more slowly in the U.S. than in other markets. Forrester says online will make up 21% of all marketing spending by 2015. These are big numbers in the billions of dollars, especially when you consider the small base some industries have historically spent online. What it adds up to is growth in some pretty strong categories such as retail and consumer packaged goods.

Search, as expected, the most transparent, flexible and accountable media tends to gain, while display drops slightly buttressed by improvements in ‘performance’ display (more in future blog). Mobile will pick up, video will pick up.

eMarketer, October 2009

eMarketer, October 2009

Frankly, I welcome the return to saner numbers than the triple digit growth of years past which left me as a client wondering if we were spending enough, fast enough. I’m buoyed by the optimism of media decision makers and industry pundits. How ’bout you?

Welcome to Bermel Interactive

October 8th, 2009 3 comments

Blog pic

This blog is written by Mary Bermel with a focus on internet marketing trends, opinions and best practices gleaned over the few short years internet marketing has been on the map and my experience at Compaq, Hewlett Packard and Yahoo!

Topics may cover the gamut:

- Internet Marketing Strategy: how to design, plan, execute and most importantly, garner support

- Media: sites, networks, exchanges; fragmentation

- UnPaid Media: PR, social media, Twitter, Facebook, community & communication

- Creative: new formats and capabilities, where it’s all going

- Search

- Mobile

- Video

- Gaming

- Measurement: approaches, methods, tools, analysis

- Organizing for success

I thank you for reading and I look forward to your comments and suggestions.

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