Report: Social Media + Email = More Power

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March 24, 2010
A new report from eMarketer shows how combining the strengths of email and social media can lead to better results.
You'll recall around these parts the discussion of "Silent E." Now this report teases that out a little more. It's about how two complementary marketing practices can be used more wisely to engage customers in less of a disjointed way. This makes complete sense, as consumers need consistency in their interactions with brands and programs need to jump from one platform to the next almost seamlessly, while offering different benefits or levels of engagement on each.
Here are a few statistics on how social media and email will be integrated by marketers and why they think it's important.



   
You can find the full report, Maximizing the Email/Social Media Connection, on eMarketer's site.
As Reese's used to say, "two great tastes that taste great together."

Personally, I think it's about time. ow about you? Any plans within your organization to integrate social media & email?

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Posted by Scott Monty at 11:30 AM
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The Role of Leadership in Social Media

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March 18, 2010
We often hear of social media being equated with tools and platforms. But it's really much more than that.

If you're adopting these technologies and behaviors at your company, it's not about the shiny new toys. It's fundamentally about culture change. And that type of transformational change - which may include updating business practices - must come from the top. But more than a top-down dictum, it's got to be part of leadership.

I've previously discussed leadership here - in particular the leadership from Ford's CEO Alan Mulally, who really gets social media. He promotes a culture of transparency and openness that is completely aligned with the way we're trying to engage with consumers online and think about how we do business. Consistency of purpose and of message is key.

The Washington Post's "On Leadership" feature recently did a two-part interview with Alan that captures some of the thinking behind what makes this major culture change at Ford such a success. I thought it was valuable to share these videos with you, since there are broader business lessons here that any marketing, communications or social media professional should understand.

Alan Mulally on catching mistakes

Transcript available here.


Alan Mulally on the "liberating clarity" of his mission

Transcript available here.

This kind of thinking and laser-like focus on our plan is one of the things that continues to set Ford apart. In social media as well as in the industry.

Related:
Anne Deeter Gallaher: Ford CEO Shares Executive Leadership Lesson in 140 Characters
Paul Gillin's New Media Demands New Leadership
Charlene Li's Open Leadership: How Social Technology Can Transform the Way You Lead
Marshall Goldsmith's Mojo: How to Get It, How to Keep It, How to Get It Back if You Lose It


   


Larger Flickr image of ONE Ford available here.



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Posted by Scott Monty at 1:21 PM
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The Rich Are No Different Than You & Me

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March 8, 2010

Well, except for that money thing. They want the pretty much want what we all want from social networks: to connect with people they know and trust, spend some time unwinding, and share content.

 

Reasons that US Affluent Consumers Use Social Networking Sites, January 2010 (% of respondents)

The key difference is this: affluents don't want to friend a brand on Facebook - they prefer to check out fan pages. [Then again, I feel the same way. Hmm. Maybe I qualify to be rich? I can haz affluence, plze?]

 

What they do prefer is a user experience on the company's website that addresses their needs. Easy navigation, helpful information, perhaps even the availability of a live chat to answer any questions that might not be apparent solely through the navigation. Ultimately, I think they value their time and don't want to waste it with updates that aren't central to what they need. They want content that is relevant to them at the right point in time.

 

For marketers, this means a solid user experience coupled with a true customer relationship management tool. We should be at the point where we can customize content based on the visitor. Or is that a little too invasive? What do you think? 

 

From Unity Marketing's "How Affluent Luxury Consumers Use the Internet and Social Media"

Image courtesy of eMarketer.

Posted via web from The Full Monty

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Posted by Scott Monty at 11:27 AM
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How Ford Uses Social Media [VIDEO]

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March 4, 2010
At the risk of giving away too much of what we do (not really - everything we do in social media is in the public, so you just need to pay attention or search around to find out), I'd like to share with you a little bit about Ford Motor Company's approach to social media.

Here's a great video that WebPro News did when we were at Blog World Expo last October. It captures a lot of what Ford is doing in the space.







I keep a clipsheet of coverage of our social media efforts (using Profilactic), which is helpful when speaking to reporters or digital media and they're looking for examples of how our work has resonated. I simply refer them to our links and they can sort through the filters to find what they're looking for.

On his blog, Jeff Bullas gave away The 7 Secrets to Ford's Social Media Marketing Success last month. There are some great takeaways there for any company that's interested in social media and some that are specific to Ford and our efforts. And Slate.com's The Big Money covered the success we've seen from the first wave of the Fiesta Movement.

We're working on a lot more - notably Chapter 2 of the Fiesta Movement, in which there are 20 teams of two in 16 cities across the country, creating mini marketing campaigns through social media as well as offline events and media. And our social media strategy is global, reflecting the growing interest from many areas around the company and around the world.

And we maintain profiles on a number of social networks, including profiles on Twitter: @Ford, @FordCustService, @FordFiesta, @FordAutoShows, @FordLatino, @FordEU, @FordAPA and more. In addition, we've got some employees on Twitter. You can find the full list at http://twitter.com/ScottMonty/ford.

We also have a number of Facebook pages, the most prominent of which are Ford and Mustang. All of our pages are favorited on the Ford page, so you can pick which ones you'd like to become a fan of.

In addition, we're active on Flickr for photo sharing, YouTube for videos, Plancast and Upcoming for events, Delicious for public bookmarking, and Scribd for document sharing (where we're the #5 most followed profile). And if you're ever in doubt where to find us, you can see our profiles on the front of Ford.com or on The Ford Story.

Lots of stuff going on right now that's keeping us really busy. Just thought you'd like a window into what some of it is and why we're doing it.

Disclosure: http://cmp.ly/4

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Posted by Scott Monty at 11:24 AM
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Social Media Marketing Spending Spirals Up

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March 3, 2010

When you start hearing about social media taking up more budget rather than having to struggle for dollars and attention, it's clear that the practice is gaining in legitimacy. 

 

Remember the days of having to gently introduce the concept, or of having to prove that in fact it's something that's a coming trend? We had to deal with skeptics - the same type of people, who maybe less than 10 years ago, doubted that the Internet was going to catch on. And we've had to deal with a struggling economy and limited funding. 

 

Things are a little different now. In fact, you might say that things are actually looking up. I think part of it may be that the tough economy forced marketers to be more savvy and frugal about their efforts, and social media became a natural receptacle for the underfunded. As such, it's grown in stature and maturity, and with the rise of the awareness of social networks in the general public, it's only going to get larger.

 

Here are a couple of charts from "The CMO Survey" undertaken by the Duke University Fuqua School of Business and the American Marketing Association, as reported by eMarketer:

Social Media Marketing Spending by US B2B and B2C Marketers, August 2009 & February 2010 (% of total)     Percent of Marketing Budget Spent on Social Media According to US Marketers, August 2009 & February 2010 (% of total)  

 

When you compare the spending on social media marketing from August 2009 to February 2010, overall there's an increase of 60% in the budgets (from 3.5% to 5.6%). Similarly, the planning for the next one to five years shows a similar level of consideration as well: in August 2009, social media spending was thought to be 6.1% for the next year and 13.7% for the next five years; and now, it's more like 9.9% in the next year and 17.7% in the next five years.

 

And since this was a survey of CMOs, it's a good indication that these budget predictions may get some traction, rather than just being a  fond wish of pundits. It's a relief to see something that doesn't resemble a death spiral in this economy.

 

 

Photo credit: emrank (Flickr)

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Posted by Scott Monty at 11:36 AM
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Email - the Silent E

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A rather unlikely suspect has been making the rounds lately. And while you may have come to know this blog for covering the cutting edge communications and marketing tools, it may seem odd that this suspect is rather old school.

That's right. Good old email is making a comeback. But it shouldn't be a total surprise - it's not like I didn't warn you.

Every indicator I've seen lately indicate that people still use email as a primary method of sharing interesting news, keeping in touch, and notification - not to mention that it's usually the price of entry for belonging to a social network. In short, for the masses, email still rules.

But aside from these observations, you probably would like some more empirical evidence (in addition to the ShareThis study referenced in the above link). Here are some of the recent developments that make me think that "Silent E" isn't going to be quite so silent any more.

Feel the love
Two weeks ago, eMarketer reported that Social Networkers Still Love Email. In fact as you can see, they love it more than non-social network users. It's partially because, according to the study by Merkle, they use the same email address to receive notifications from their social networks and opt-in email marketing campaigns. As Merkle stated in their press release: "we are seeing consistent social use of the email channel, as well as evidence to support the idea that social networking and email use are actually more related than previously thought."

That's good news: social network users' attention is on their inboxes at almost twice the rate of non-connected emailers.

Email Mash-up
But might there be too much of a good thing? Mashable recently let us know that Facebook is giving users the option get get app notifications in email. Facebook clearly wants to move away from an app-to-user arrangement to a direct-mail-to-user arrangement. On the one hand, users will have greater control over what they receive via email; but there's the potential of inbox overload. The good news is that the heavier users are probably well skilled in how to use a feature like Gmail filters.

Exactly what the doctor Co-ordered
The final bit of evidence in this trio of evidence toward email was the news today: CoTweet Acquired by ExactTarget. CoTweet, which describes itself as "how business does Twitter," (full disclosure: Ford Motor Company, my employer, uses CoTweet), has been making great strides in its service that allows companies to scale social media activities. And ExactTarget is a premier leader in email marketing, and their acquisition of CoTweet underscores how email and the social media space are converging. If ExactTarget is able to take its CRM capabilities and combine them with CoTweet's close relationship with the Twitter management, we could potentially see some wide-ranging implications for Twitter and email marketing alike.

And so we don't end on a completely heavy note, I'll leave you with this topical song by Tom Lehrer.





Photo credit: Leo Reynolds



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Posted by Scott Monty at 12:37 AM
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Study: Most Effective B2B Social Media Tactics are IT ‘Lite’

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March 1, 2010
Guest post by Ben Hanna, VP of Marketing for Business.com, the Web’s leading portal for business owners. 

According to a new study involving more than 1,700 small business leaders, companies marketing to small businesses would be well advised to focus on social media tactics requiring little IT investment, such as webinars, podcasts and establishing a presence on top social networking sites, before pursuing more IT resource intensive initiatives such as creating a company-managed online community. The study, conducted by Business.com, finds that that four of the top five most effective social media tactics for engaging small business decision makers do not require significant IT investment or involvement. The exception – company blogs – should be backed by both a strategic content strategy and the resources necessary to create this content on an ongoing basis before it allocating IT resources to blog creation or management.

The small business social media study examined the social networks and other social media resources small business owners and managers turn to for business-relevant information. In contrast to the common perception of social media as inherently “social” or interactive, study participants using social media for business were much more likely to use resources which don’t require interaction, such as webinars and podcasts (67%) or reading product reviews (63%), than they were to participate in online discussions (29%). The top five social media resources used by small business leaders are:

  1. Webinars / Podcasts – small business leaders consider webinars and podcasts to great resources for professional development, industry research and learning about potentially-relevant products and services, saving them the time and expense of attending in-person training.
  2. Ratings & Reviews – provide useful input into the business buying process, particularly those ratings or reviews provided by other small businesses using the product or service.
  3. Company / Brand Pages on Social Networking Sitessocial network participation is now mainstream for U.S. adults, with 46% using sites such as Facebook and 25% participating weekly. Small business leaders are increasingly turning to these sites to find the latest information about important vendors, products and services.
  4. Company Blogs – small business leaders praise company blogs – at least, those that are “well written, current and with good thought leadership articles” – as great sources of information about business-relevant products, services and the underlying character of a company.
  5. Social Media Search – while some of the business-relevant information on social media sites can be found through general search engines, a great deal cannot. Realizing this, over half of small business leaders using social media search for business-relevant information directly on sites such as Facebook, LinkedIn, Business.com Answers, SlideShare and many more.


B2B social media marketing initiatives require Marketing and IT to work closely together to prioritize projects, allocate resources, manage execution and maintain new systems and features. One key implication from this study for companies marketing to small businesses is that Marketing can, and should, actively pursue B2B social media initiatives which require little IT investment before taking on more resource-intensive projects.

For example, rather than placing a company-managed online community the core of the emerging social media strategy – a community where, according to this research, it will be very challenging to build participation by small business leaders – establish a company presence on one or more social networking sites and focus initial community development efforts on those sites. By focusing first on external, IT ‘lite’ social media opportunities, companies marketing to small businesses are more likely to reach a far larger portion of their target audience in the short run, begin developing a following and learn key lessons that inform what social media features and functionality are actually necessary on the company web site.

For more details, the complete research report, “Engaging Small Business Decision Makers Through Social Media,” can be downloaded from the Business.com web site at http://www.business.com/info/engaging-small-business-through-social-media.

Photo credit: p_kirn

Ben Hanna most recently led the Business.com 2009 Business Social Media Benchmarking Study, and is a specialist in B2B online social media and marketing solutions. 

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Posted by Scott Monty at 4:20 PM
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About Scott

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Ranked by Forbes as one of the top 10 influencers in social media, he has been called "an unstoppable force of nature," "the best corporate social media lead on the planet," and Alan Mulally, the CEO of Ford Motor Company, called him "a visionary."

At Ford, Scott heads up the social media function and holds the title Global Digital & Multimedia Communications Manager. He is a strategic advisor on all social media activities across the company, from blogger relations to marketing support, customer service to internal communications and more, as social media is being integrated into many facets of Ford business.


Prior to joining Ford, Scott served as Consigliere for crayon and spent a number of years with PJA Advertising + Marketing, a boutique BtoB agency specializing in health sciences & high tech.

In addition to his professional responsibilities, Scott is an active blogger and podcaster. He writes about the intersection of advertising, marketing and PR at The Social Media Marketing Blog and also writes The Baker Street Blog and cohosts I Hear of Sherlock Everywhere, two literary undertakings. Scott has been featured in hundreds of news and business publications in print and on the web, in nearly dozens of books, and on a variety of mainstream media, including NBC, NPR, CNN and The Wall Street Journal. Scott is a recognized thought leader in the social media industry and frequently speaks at industry events.

Scott received his Master's in Medical Science from Boston University's School of Medicine concurrently with his MBA from BU's Graduate School of Management. He lives in the greater Detroit area with his wife and two young sons, golfs all too infrequently, and has a hidden talent for voice over work.

Oh, and one last little-known fact: Scott coined the Oxford Dictionary of English-accepted term "tweetup."

You may download a headshot here, courtesy of Rosh Sillars; a PDF version of Scott's bio is here .


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Scott speaks on social media at events, seminars and conferences around the world. His topic generally focuses on corporate use of social media, becoming an online spokesperson, and specifically on the progress that Ford has made in the recent past. If you're interested in booking Scott to speak at your event, please click here to submit a speaking request for Ford-related purposes or email me at speaking [AT] this site's URL (if you know what I mean) to send a general email request.. Scott's bio and headshot can be found in the "About Scott" tab above.



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Who is Scott Monty?

Hi, I'm Scott. I'm the global head of social media for Ford Motor Company. This is my personal blog, where I share my perspectives on social media - the convergence of marketing, advertising and PR on the Web - for marketers, agencies, the enterprise and the individual. This blog contains my personal views. My bio is available here and my headshots can be found here.

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