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How social media muteness endangers your company: The crisis at McKinsey

July 29, 2011 by

McKinsey recently learned a difficult lesson about what happens when the world takes your thought leadership marketing seriously—and when you lack the ability to respond in the moment through social media.

The trouble started when the McKinsey Quarterly published an article in early June entitled How US health care reform will affect employee benefits,  based on a survey the firm did about what will happen to employer-sponsored health care insurance coverage when the President’s health care law goes into effect in 2014.

A textbook example of pragmatic thought leadership
The article itself is one of the best examples of thought leadership I have ever read. It is bold, clear, authoritative, and based on solid research. It is a textbook example of what we at ITSMA call pragmatic thought leadership: it takes a current issue of concern to the company’s target audience and evaluates what may happen in the near term without any mention of company methodologies or offerings. The piece settles right into the Florsheims of the average HR manager and paints a picture of what might happen to their benefits programs when the law takes effect.

That picture is stark and scary.

The survey predicts that 30% of employers will drop health care coverage for employees altogether, throwing them into the government-mandated health insurance pool of individuals without company coverage. Among employers with the higher level of knowledge about the law, the percentage that would drop coverage rises to 50%.

Such a bold and relevant piece of thought leadership was bound to capture mainstream media interest, and this one certainly did—another coup in McKinsey’s long string of thought leadership marketing successes.

The chattering classes intrude
However, something as politically charged as the healthcare debate is not the normal territory of buttoned-down consulting firms like McKinsey. It was like letting a dumb teenager into one of McKinsey’s glass conference rooms with a stack of fireworks and handing him a match. Something important was bound to get damaged.

And so it did.

Republicans cited the article chapter and verse, because it lent some credence to the idea that the world would fall into communistic chaos as soon as the evils of Obamacare were unleashed. Meanwhile, the White House attacked McKinsey’s survey as an “outlier,” saying that other studies from Rand, the Urban Institute, and Mercer all showed that the law would have little impact on the number of companies with coverage.

Journalists look for trouble and McKinsey stonewalls
The political stir encouraged journalists and bloggers to try digging deeper into the story and that’s when McKinsey got into trouble. When a blogger for Time asked for more details on the survey methodology, she says McKinsey stonewalled. That information vacuum led some bloggers to fill it with questions about the quality of McKinsey’s research and its motives. The biggest credibility blow was struck by a blogger at the New Republic, who pointed out that unlike reports from the firm’s own “semi-autonomous think tank” the McKinsey Global Institute, the healthcare survey did not undergo a formal peer review process. Ouch.

Too late, transparency—and defensiveness
Of course, you know what happened next. On June 20, long after the bloggers had already moved on, McKinsey finally made the survey and its methodology transparent and issued a cranky and defensive statement about the survey that helped things not at all. Here’s why: One of the most compelling things about the article is its boldness. In one passage, the authors take on all those who think healthcare reform will be an easy ride, including none other than the Congressional Budget Office Itself:

“The Congressional Budget Office has estimated that only about 7 percent of employees currently covered by employer-sponsored insurance (ESI) will have to switch to subsidized-exchange policies in 2014. However, our early-2011 survey of more than 1,300 employers across industries, geographies, and employer sizes, as well as other proprietary research, found that reform will provoke a much greater response.”

Wow. That’s pretty unequivocal. Hey CBO, you’re wrong!

All of which makes McKinsey’s too-late response to the criticism all the more mealy mouthed. Check this out:

“Comparing the McKinsey survey to economic estimates, such as the CBO’s, is comparing apples to oranges. While the McKinsey Quarterly article about the survey cited CBO estimates, any comparison is not apt. We understand how the language in the article could lead the reader to think the research was a prediction, but it is not.”

Oh, I get it. We readers are just too stupid to know a prediction when we see one. That wasn’t a prediction, it just looked like one to the uneducated. Maybe if we had all gone to the upper two percent of business grad schools like the folks at McKinsey we would have known better. That’s the height of arrogance.

Companies without a human face will suffer
But hey, I’m not here to say yet again that companies should be transparent in a crisis and respond quickly and in a non-defensive manner to criticism rather than letting it fester. You’ve heard all that before.

I’d like to posit another important piece missing from the McKinsey picture: people.

Despite its prowess in thought leadership—McKinsey is simply the best—the firm is falling dangerously behind in social media. This crisis unfolded online and in social media. All the company needed was to get some of its well-spoken hot shots out there blogging to clarify thinking behind the survey and things would have gone a lot better. Companies that lack a human face and hide behind their brands—no matter how good those brands are—will suffer in the era of social media. That static, institutional explanation of the healthcare survey on McKinsey’s website is like a billboard flashing “We don’t get social media!”

It’s ironic, but there is a person who could have responded to this controversy in a very interesting way. It turns out that a McKinsey internal expert on the healthcare industry, Bowen Garrett, was one of the authors of the Urban Institute paper that claims that healthcare reform will not cause a big disruption in employer insurance. Gee, how about a quick blog interview with Garrett, or a video, or podcast? But McKinsey doesn’t do blogs or anything else timely on its website. It’s a slave to that big (admittedly wonderful) publishing machine called the McKinsey Quarterly.

There are many things that social media can’t do, but one thing they can do is give you the opportunity to turn on a dime and inject thought leadership into the conversation when it is most needed. Companies that can’t do it will suffer the consequences.

What do you think?

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The five stages of social media grief—have you passed through them yet?

June 15, 2011 by
Morito

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Social media (along with skimpy marketing budgets) are causing a transformation in marketing to a degree that we haven’t seen for a lifetime. But in our rush to embrace the new, we haven’t taken adequate time to honor the painful transition we are experiencing.

Think of me as your grief counselor for good ol’ message-based marketing. It will still be around for some time yet, but it needs to stop that incessant yapping and get a hearing aid so it can start listening once in awhile now.

In my seven years as a social media acolyte, I’ve spoken with many marketers who grew up at the knee of message-based marketing. I’ve seen how difficult the transition can be. For them, and for you, I offer this reflection on the journey so that you can recognize your own place in it and know that you are not alone—that you have friends who love you and who are eager to see you when you get to the other side. (Just don’t become distracted by the bright white light on your way through.)

  • Denial. “Another marketing channel on top of my existing workload, with no extra budget or headcount? This can’t be happening—not to me.” The marketer passes through a period in which social media is thought of purely as a B2C thing. Not gonna happen in B2B. Nope. No way.
  • Anger. “Hey, marketing speaks, everybody listens. That’s the way it’s always worked. Enough of this conversation crap already!” A painful, unfortunate, and embarrassing time in which marketers have been known to share their rage over their loss of control of the marketing conversation in an uncontrolled way in public gathering places. (Ever wonder why you don’t hear about Mojitos anymore? The American Marketing Association successfully lobbied the FDA to have Mojitos outlawed after research linked them to these unpredictable outbursts. Those “theme” martinis offered during open bar receptions at marketing conferences are also reportedly on the way out—but it’s taking the FDA some time to catalogue all the different varieties.)
  • Bargaining. “Look, we’ll redesign the newsletter. We’ll make the events more targeted to the C-level. Just. Don’t. Make. Me. Tweet!” Another phase marketers probably won’t the grand kids to know about, in which marketers cling to an irrational hope that social media can be postponed or avoided altogether by promising the CMO a reform in lifestyle.
  • Depression. “6000 tweets a day mentioning our brand and I’m supposed to assign a ‘sentiment’ to them all? What’s the point of going on?” Only slightly less embarrassing than the anger and bargaining stages, marketers in this stage ban the use of the word “Twitter” in lunch conversation and generally shun the annoyingly perky (unpaid) social media intern, muttering, “What’s he got to be so happy about?”
  • Acceptance. “Okay, if we’re going to do this, let’s find some SMEs who have something to say and support them.” At this point, marketers accept that they are responsible for making the social media conversation happen inside the company and with customers and take solace in the fact that it’s another channel for developing and delivering thought leadership—the stuff they’ve been slaving at for the last 20 years. During this stage, marketers have been known to spontaneously shout in a self-actualized fashion, “I am a professional communicator! Learn from me!”

How about you? What stage you at?

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How to get employees involved in social media: focus on ideas

May 20, 2011 by

Many marketers involved in social media management tell me that they struggle to get their subject matter experts engaged in social media. But focusing solely on engagement is the wrong goal. What we should be talking about instead is getting those experts involved in creating ideas.

In an interview this week with Stephanie Tilton (thanks, Stephanie!) on the Savvy B2B Marketing Blog entitled How to Gain Real Traction with Thought Leadership, I talk about how marketers need to create an idea network within their organizations to spur their subject matter experts to start thinking.
Create an idea network as the basis for social media
Marketers need to facilitate a process for internal development of ideas and for external feedback. The combination of internal and external creation and feedback creates friction and competition. Experts need to defend their ideas, get input and collaboration from others, and compete for attention. Here are some examples of how this can work:

Internal

  • Knowledge share sessions
  • Awards programs
  • Primary and secondary research
  • Competitive intelligence

External:

  • Customer councils
  • Collaboration with academics and analysts
  • Partnership with trade associations

Creating an idea network helps demonstrate the importance of ideas to the organization. Many companies take it a step farther by making idea development part of employees’ annual goals. The high-end consulting firms like McKinsey have done this for years. Ideas are baked into the culture. To rise in the firm, consultants know they need to come up with good ideas and try to get them published.

Marketers need to help create that culture in the company by facilitating the idea process. Companies need to create a platform—and an expectation—that enables subject matter experts to be thinking all the time.

When ideas are an expectation, social media participation is easier
When employees know that they are expected to be thinking—and getting that thinking out into the market—engagement in social media participation becomes easier. They have something to talk about! Social media becomes a great test bed for testing ideas and getting feedback. It also becomes a way to slice up big ideas into more consumable pieces.

What do you think? How are you getting subject matter experts to engage in social media?

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Social media’s Hallmark Moment: the Twitter Auto DM

May 13, 2011 by

I take a perverse pleasure in reading my Twitter DMs, 99% of which are of the automated variety, looking for the heartfelt sentiment that goes out to me and thousands of other close personal friends every day from people I’ve started following.

I try to imagine the impulses that motivate the writers behind these parsimonious hanging chads of fake individualized attention. Technology is wonderful isn’t it? It allows us to divide the equivalent of a single “Have a nice day” into thousands of infinitesimally smaller investments of effort and goodwill. Automated DMs are like giving a new acquaintance a sliced off sliver of a single piece of mini-Chiclets gum and saying, “There you go. I hope you enjoy that.”

Since I think that automated DMs are about as useful as egg on sand, I like to parse them into snarky categories (these are all actual auto DMs I’ve received). See if you agree with mine. Perhaps you can add some yourself. (No doubt I’ll have fewer readers after this post—“Gosh, what’s his problem?! I’m just trying to spread a little good cheer!”—so I can use all the help I can get.)

The “You’re lucky to know me” category:

  • “@ me to follow you if I haven’t already.” Yes, I’ll look into that right away.
  • “What do you do?” Okay, so you want to automate the fact that you can’t be bothered learning anything about the people who follow you?
  • “If you miss my tweets, you can catch a summary in my monthly newsletter here.” So good you need to send them twice. Thanks.
  • “[            ] uses TrueTwit validation service. To validate click here:” Will I need two forms of ID for that?

The “I’m genuinely interested in knowing you more—no really I am” category:

  • “Let me know if I can help you in any way.” This is what salespeople say to me at stores. Except I’m usually standing amid consumer electronics or racks of clothing when they say it, so it makes sense. But now I’m on Twitter and I’ve just met you, so what kind of help are we talking about here? Oops, I’ve just invested more attention than he did writing the auto DM. I feel so used.
  • “Look forward to learning about your interests.” And yours, and yours, and yours…

The “I’m totally desperate to get some freakin’ cash out of you or anybody else—can you help with that?” category:

  • “I’m using this to make money on Twitter, I hope you find it useful.” Thanks a bunch. If I wanted fake Viagra pills I would have stuck to email.
  • Looking forward to chatting. Download a free value calculator.” Wow, king of the transition sentence, aren’t we?
  • “Here are links to my book, my blog, my company.” Gives new meaning to the phrase “cut to the chase.”

The “I just wanted to let you know that I’m trying to game my follower count” category:

  • “Plz help spread the word about me! I wana rise to the top!” Yes, spamming is such a competitive field these days.

The “I’m going to redundantly echo the empty sentiment of the act of sending Auto DMs by repeating that empty sentiment in my message to you” category:

  • “Have an awesome day!” But what about tomorrow, and the day after that? I feel so lost.

The “I’m trying to sound humble” category:

  • “I clearly see I’m going to learn a great deal from YOU!” Not if you’re auto DMing me.
  • “We will do our very best to keep you informed and entertained.” Why do I think this person has won an “excellent attendance” award in the past?
  • “Will try to keep it interesting.” Will try? Way to lower those expectations. What about doing your very best—every day! Hey, that’d make a catchy auto DM, don’t you think?

The “I often creep people out” category:

  • “I got my eye on you. Thanks for the follow!! If your on Facebook too hit me up!” Cause hitting peeple up on Facebook is what me like to do.
  • “Smile, you only have one today!” Cringing, not smiling. And what, I’m only allowed one smile today? I guess when you’re auto DMing smiles you have to ration them carefully.
  • “Glad to have you in my Twitstream.” I suddenly get this feeling that I should be ahead of a Twitstream rather than following one.
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How to measure influence in social media marketing

May 6, 2011 by
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Measuring influence is the new obsession in the social media world—adding another layer of anxiety to the dark cloud of existential dread that is marketing ROI.

Social media present us as individuals seeking status within a community, which is something that humans have been working at since our days as monkeys. Indeed, science tells us that monkeys would rather look at pictures of high-ranking members of their troop than eat. The only difference between us and the monkeys is that we usually remember to eat while we watch the Oscars or check our Twitter follower counts.

Influence is the ability to affect others in their thinking or actions. But we need validation that it is happening. Since social media leave digital footprints, companies create complex algorithms to come up with simple answers to measuring social media influence. These fall into two categories:

  • The number generators. These tools assign a number to influence based on factors such as popularity, number of connections, and share of conversation. The best of these is still Technorati, because blogs are, in and of themselves, the most influential channel within social media. Face it, unless you can come up with enough to say to sustain a blog, it’s difficult to become influential. Others include Klout and Twitter Grader, which focus on the social networks. Another category of tools “gameify” influence by giving us fake shiny objects as rewards for engaging others. These include Foursquare and Empire Avenue. But all these numbers have little use beyond the ego stroke.
  • The monitors. These include the proprietary tools that look across all the online channels to determine how brands are being talked about. These social media monitoring tools have more use for marketers, but they require significant human intervention and can easily become very expensive versions of the number generators if not used with a goal in mind.

How to measure social media influence in a marketing context
Influence is usually presented in the context of figuring out who is engaging us and who we should be engaging with. But I think as marketers, we need to think bigger. I’d like to suggest that we look at influence as part of an integrated marketing strategy. In this context, influence has little to do with algorithms and more to do with something that marketers have been measuring for a long time: perception.

The two most important components of influence
I see successful marketers getting their companies to set two reference points to measure influence across all their marketing programs:

  • Who we are. Through surveys, both qualitative and quantitative, marketers ask their target audiences to tell them how they perceive the company. Classic versions of this are unaided awareness (“Name five IT services providers”) and aided awareness (“Have you heard of x company?”).
  • Who we want to be. This is where the strategy comes in. This reference point is in the future and requires careful definition. It requires all the key players in the company to decide how they want the company to influence the market in the future. For example, many ITSMA members are companies that began by selling B2B products but are now trying to become known as full-service solution companies. They have built or bought services divisions and created services offerings, but they cannot yet influence their target audiences to see them as anything other than product providers. Marketing’s job is to influence buyers to move from the existing perception to the new one—using all the available tools at its disposal.

Over time, we measure our influence by asking our target audience if they see our companies as we want them to be seen. Looked at this way, measuring influence becomes simpler and clearer.

What do you think?

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Marketing’s golden opportunity in innovation

April 22, 2011 by

Innovation is becoming more external to companies and more social.

When Netflix’s internal engineers struggled to get more than incremental improvements in the company’s movie matching algorithm, the company put the problem to the internet and crowdsourced a 10% leap in accuracy (of course, it didn’t hurt that they offered a million dollar prize). Even funding for innovation is becoming more external and social. A website called Kickstarter lets anyone—not just venture capitalists—fund innovation projects featured on the site.

Social media management and innovation
This shift in innovation has big implications for marketing. ITSMA’s social media research (free excerpt available) shows that marketing is responsible for monitoring social media and for training, governing, and supporting the organization in using social media. I think this means that marketing must be ready to take a larger role in facilitating the innovation process and in being the ears to the ground on all the innovation that’s happening externally to organizations out there on the internet.

CMOs can succeed where CIOs struggled
Marketing is in a similar position today to where IT was in the 90s. Back then, the rise of reengineering and enterprise software systems gave CIOs a unique opportunity to be facilitators of innovation. They were the only C-level executives involved in all the efforts to rethink the ways that companies did work across the entire organization. Sadly, few CIOs took advantage of this cross-company view to innovate the ways that their companies did things. (In CIOs’ defense, few companies felt comfortable giving CIOs the power to do this sort of thing.)

Move beyond brand stewardship
Today, CMOs have the same opportunity that CIOs did back in the 90s. Marketing is essentially in charge of collaboration both inside and outside the company through its leading role in social media. CMOs have to resist the tendency to view this stewardship as simply a continuation of their traditional role as the head of branding and communications. For CMOs, social media aren’t just for listening to what people are saying about the brand or pushing out messages. Social media aren’t even just for facilitating conversation and customer relationships. Social media are also for innovation, and marketing has a major role to play in making it happen.

Examples of the mandate for innovation
In a blog post this week entitled What CEOs Want from Their CMOs, Forrester’s CEO, George Colony, discusses the mandate for the CMO to keep an eye out for what’s ahead. I wrote a case study a few years ago about how IT services firm CSC has an innovation process that is facilitated by marketing.

So the question is, will CMOs step up to the innovation challenge? And will CEOs let them?

What do you think?

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How do you know when you’ve reached the next level in social media?

April 8, 2011 by

I was thrilled to run a social media workshop this week with a large B2B technology and services provider (and ITSMA member). The great thing about the experience was that this company is already doing social media. In other words, I didn’t have to spend any time defending the honor of social media and explaining why they should be doing it.

This was all about the how.

But even the how was different. This company has established a highly visible presence in social media—indeed, it has won an award for it. The marketing team wanted to do the workshop because, as one executive told me, “We’re committed to social media and we’ve done some good things, but we want to take it to the next level.”

That got me thinking. Exactly what does that mean? What is the next level of social media in B2B and how do you know when you’ve gotten there?

We could all use some way to gauge our progress, especially in large, dispersed companies and marketing organizations. So let’s try to define what the ground level is so we know when we’ve established the base level of organizational social media skills. Here’s my take (I hope you will help me with your thoughts).

  • There is cultural permission to speak. Companies need to give themselves permission to engage in social media, both within marketing and in the broader culture of the company. I speak to many regulated B2B companies who (still) don’t believe their employees can engage in uncontrolled conversations with customers and prospects. The company I worked with this week no longer has that problem.
  • Internal social media is thriving. Most B2B companies I work with are much farther ahead with internal social media efforts than with external. I’m committed to the theory that companies can’t be effective at engaging in social media marketing until they’ve gotten the hang of it internally first.
  • Basic social media governance has been established. I’ve yet to see a B2B company have any success in social media that doesn’t have a social media policy, at least some training, and an informal social media center of excellence.
  • The organization views social media as important to relationship building. Unless social media is embraced by respected subject or experts outside marketing and PR, you haven’t gotten past the first level yet.
  • Social media is integrated with traditional marketing. Most companies need to use social media as adjuncts to traditional marketing practices before they can feel comfortable going farther with it. Social media supports an event, or an offering introduction, then ebbs. It’s hard to go to the always-on mode with social media at first. Most companies just don’t know how to sustain it. But at least they are testing and practicing.

I think this defines the base level of social media capabilities—the things you need to have in place before you can begin down the long road of perfection. What do you think? Do you agree? What would you add or change?

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The prerequisite to effective social media: the idea organization

March 25, 2011 by

At the first of ITSMA’s series of road shows this week in Silicon Valley this week (there’s still time to sign up for New York and Boston next week!) I confirmed something I’ve been hearing in my research on idea marketing over the past month: idea marketing requires a deep commitment not just from marketing but from the entire organization.

Eric Wittlake makes this point in a blog post this week and I heartily agree.

But then this got me to thinking, without a commitment to ideas throughout the organization, all these dollars we’re starting to spend on social media will be wasted.

In other words, unless we become idea organizations, we’re not going to have much to say to customers, prospects, and influencers in social media.

What do I mean by an idea organization? Let’s look at some attributes I’m seeing I’m my research:

  • Show commitment to idea development from the top. Some management consulting companies have the commitment to ideas baked into the culture—you simply will not survive as a consultant if you do not create ideas that lead to new IP. For everyone else, a visible commitment from the CEO and other top leaders signals that ideas, not just offerings, are part of all subject matter experts’ jobs.
  • Appeal to their egos. Recognition from peers means a lot to subject matter experts. Some companies get pretty formal about this, creating invitation-only SME councils with entry requirements. For example, one company required that its council members hold at least one patent before they’d be invited.
  • Make ideas part of individual expectations. I’m hearing B2B companies tell me that they are starting to make idea development part of the yearly goals of their subject matter experts. Few go so far as to specify the number of ideas or idea-based content that these people are expected to produce each year, but they have made idea development a part of the yearly review discussion.
  • Give them the tools to think. We’re seeing some companies develop some creative tools for fostering idea development. One company has created an internal portal where project members submit ideas that are vetted and voted on by the project customers. The winning ideas are implemented.
  • Make it competitive. Some companies have companywide competitions for the best ideas or the best white paper. This process is usually facilitated by marketing.
  • Make it visible. You’ll never create an idea organization if ideas are developed in secret. Think about it: if employees aren’t comfortable sharing their ideas with each other, how will they ever be comfortable talking about them in social media? Collaboration—both internally and externally—will help embed idea development into the culture.

Can you start to see that by creating these idea development processes, it becomes much easier for companies to engage in social media conversations that will impress customers and influencers?

What do you think? How are you creating an idea organization?

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Why you need to turn your customers into stalkers

January 21, 2011 by

At ITSMA, we’ve been busy preparing for our annual State of the Marketing Profession briefing next Tuesday. It’s where we introduce some of the top findings from our annual budget survey of marketers.

But we don’t like to just parrot the numbers from the survey. So we spend weeks leading up to the briefing arguing about what the numbers actually mean and what marketers should do. One of the big ideas we’re going to be talking about next week is the concept of scaling intimacy.

All through 2010, marketers have been telling us that they are having a harder time getting their content noticed. Social media have created so much noise that it’s becoming more difficult for the good old white paper to stand out.

The social media noise is personal
But let’s look at the social media noise more carefully. The characteristic that stands out is that these channels are all more personal than more traditional content. In social media, we announce, as Tom Waits does in my favorite song of his, “Goin’ Out West,” that “I’m gonna make myself available to you.”

It has made those little pictures and bios at the end of white papers seem inadequate when compared to the wealth of information we can see about people on such social media channels as LinkedIn and Twitter.

Buyers have higher expectations for intimacy
What this means for marketers is that social media have increased buyers’ expectations for intimacy at all stages of the buying process. And this is where the scale issue comes in. We have built intimacy into the later stages of the buying process. We have individual salespeople making calls and we have marketers establishing deeper relationships with existing customers through intimate channels like reference programs and customer advisory councils.

But at the front end, our traditional tactics are starting to come off with all the warmth and sincerity of an English royal. It’s time to make our subject matter experts more available.

Marketers as paparazzi
We marketers have to start thinking of ourselves as paparazzi, complicit in making our subject matter experts’ personalities and accomplishments as visible online as Britney Spears’ stretch marks are in the trashy celebrity magazines.

Now, I can already sense marketers and PR people cringing. This is not how it usually works. We spend millions to build brands, why do we want to let individuals horn in on the action with their own brands? Won’t they just use our hard-won brand image to make themselves rich and famous and then just leave us?

You have no choice but to market individuals
Yes, but you have no choice but to market individuals as well as brands. Stats show that just 23% of the Fortune 1000 has corporate blogs—not exactly overwhelming. And what’s worse, when asked why they had corporate blogs, more than 50% said it’s the cost of doing business. Just 18% said they did it to become authorities within their industries.

I’d say the future of corporate blogs is bleak because we put traditional corporate brand walls around them. The brand comes first, not the people. That’s not going to motivate employees to participate. All of the best blogs are personal. Marketing needs to start paying as much attention to building individual brands as corporate brands.

And this is how we address the issue of scaling intimacy. By picking some individual stars and promoting the hell out of them, we present a more intimate face to all buyers—not just the ones who know us. The better known they become, the more people they can reach. But first we have to get past the fear of individuals taking our brands with them when they leave.

What do you think?

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15 things marketers should stop doing and thinking in 2011

December 28, 2010 by

Here’s a list of things I wish we would stop doing and thinking as of December 31st:

Social media

  • Social media cause people to waste time at work. Companies have a long and pointless history of resisting new forms of communication. From Facebook to email to putting telephones on employees’ desks (remember, the telephone started as a “consumer” communication technology, too), companies think that every new wave is going to lead to gajillions in lost productivity. Dude, this stuff isn’t heroin, okay? The problem is not with employees or with the communications technologies, it’s with the premise that employees come into work determined to waste time. Guess what companies, people wasted time at work long before Facebook came along. If the company is well managed, people who waste time will get fired. People who sell your trade secrets on the internet will go to jail. Stop wasting money on pointless, ineffective efforts to block this stuff and start finding ways to make these channels pay.
  • Social media relationships are shallow and meaningless. We all know twitter can’t start revolutions or substitute for gazing meaningfully into someone’s eyes over dinner, but what I don’t understand is why the critics can’t see a link between the bonds that we form on social media and the deeper links that we forge offline. For example, the viral relationship model of Twitter adds a new dimension to relationships, it doesn’t subtract. You meet tons more people than you would in more traditional permission-based environments and some of those relationships will wind up becoming the kinds of deeper, more meaningful exchanges that the critics say we are losing through social media. I’ve formed a handful of excellent business relationships on Twitter this year—we know each other on sight and (gasp) we’ve even spoken to one another. Now, are a handful of real relationships a good return considering that I have 1400 followers on Twitter? Yes, because these relationships would not have happened otherwise. Shallow relationships don’t have to remain that way and existing relationships don’t have to go all shallow just because you start interacting in social media.
  • Interactions substitute for relationships. Many seemingly logical, intelligent people send me automated direct messages (DMs) when I follow them on Twitter, making them seem like robot spammers rather than people. They think that by throwing that extra interaction in there that it is somehow going to deepen our relationship. Soon, we’ll be able to automate our social media relationships through bots that can judge sentiment. The theory is that social media powered by humans doesn’t scale well. It’s nothing new; authors automated their interactions with readers centuries ago with the printing press. Just don’t go believing that these interactions can ever be substitutes for a human relationship.
  • Filtered conversation reduces risk. The ultimate risk in business is that your customers stop buying from you because they don’t trust you. Preventing employees from speaking to customers because they might make a mistake ignores this much bigger risk—which existed long before social media came along. Customers want to speak to the people they will be working with. That’s why employees and subject matter experts should be on the front lines of social media rather than marketers or PR people.
  • External social media marketing is more important than internal social media collaboration. We did some case studies at ITSMA this year that showed that companies could easily blow up half their offices and do away with most of their administrative and bureaucratic structures without a single customer noticing. The technology for virtual collaboration is finally catching up to the promise of internal knowledge management that we’ve been hearing about for years. Plus, it can make both employees and customers happier than they are now.
  • More volume creates more influence. In traditional media, influence comes from sheer numbers—the more subscribers to your newspaper, the better. But influence in social media isn’t purely a numbers game (though numbers can certainly help). It’s also about the degree of interconnectedness. There’s a scary analogy here, to viruses. Viruses ultimately benefit more from infecting 100 people who travel widely across the world than from infecting 10,000 people in one place. The most influential people in social media will be those who can combine large followings with diverse groups of followers who themselves also have many diverse followers.
  • Social media has ROI. Unless you are selling products, and inexpensive ones at that, it is impossible to track a tweet or a blog post directly to a sale. For expensive, complex B2B products and services, social media can improve relationships with customers and increase awareness. Do you call that ROI? I don’t. ROI should be measured on a higher level—as in the ROI of all of marketing to the business.

Mobile

General Marketing

  • Analytics can wait. We need to close the loop on what buyers do with our content and use that insight to predict what they will do next. Buying marketing automation tools or social media analysis tools aren’t enough. You need people who know how to create analytical processes and algorithms and all that stuff. Wall Street is already trying to make sense of the massive river of online conversation for business purposes. We need people who can do it, too.
  • We must measure the ROI of social media (or any other individual marketing tactic). CEOs don’t care about individual tactics; they want to know whether marketing in general reduces the time to revenue and improves the productivity of sales. We need to start measuring the larger impact of marketing rather than measuring activity or individual tactics.
  • Publish it and they will come. We have a crisis in marketing channels. All year, marketers have been telling me that they are having a harder and harder time getting noticed in traditional channels like white papers, email newsletters, and events. This is a typical comment: “I’ve got plenty of content. It’s getting people to pay attention to it that’s the problem!” We need to mashup some new channels out of combinations of new and old to stand out and be heard now. A few examples of things that ITSMA clients did this year:
  • Describing what you do is thought leadership. Creating compelling offers and descriptions of products and services is an art, it really is. But it ain’t thought leadership. Customers want ideas for fixing their problems and proof that they can trust you. Most companies still try to sell what they have rather than figuring out what customers need.
  • Sales support is marketing’s primary role. Many companies think that they are maximizing their investment in marketing by limiting it to sales support. What they don’t realize is that buyers have removed salespeople from the earliest stages of the buying process by doing their own research with colleagues, peers, on the web, and in social media. Marketing is most effective at this stage, when buyers want nothing to do with salespeople. Marketing organizations that don’t break out of the sales support role will be trapped in a Catch-22 of increasingly poor performance and waning confidence from the business side.
  • Email will always be cool. Hey, we’re humans. We resist change and we have irrational hope for the future. So we keep doing stuff we’re comfortable doing for longer than we probably should rather than embracing new stuff. Email is inconvenient, impersonal, slow, rife with spam, and not particularly intelligent. But we’re used to it. The kids have already dumped it in favor of texting and social networking. Email won’t go away tomorrow but it will gradually be starved of all meaningful human interaction until it becomes a graveyard of official business communications and, wait for it, marketing. We should probably start planning for email’s funeral now so we don’t miss it.

What things do you wish we would stop doing and saying in 2011?

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