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Web Strategy by Jeremiah

Web Strategy by Jeremiah

Forrester Report: Best And Worst Of Social Network Marketing, 2008

Posted: 18 Jul 2008 05:48 PM CDT

It’s true, most social network marketing isn’t being done effectively, why? Many brands (and their agencies) are deploying “interactive marketing” (user to website) experience rather than relying on the tools of social networks “social marketing” (member to member). As a result, many brands are wasting their time, money, and resources to reach communities in social networks without first understanding that the use case is very different than a microsite campaign. Don’t just take my word for it, research from Deloitte also suggests the same –WSJ (link via Fabrice)

In this latest report, we created a scorecard (which you can use to checklist your own efforts) which amplifies the real opportunities of social network; the community themselves. This report is great for anyone brand deploying a social network marketing effort, or for agencies that are trying to enter this new world. Marketing efforts did best when the control was turned over to the hands of the community.

[We tested marketing efforts on Social Networks using ‘Social’ criteria (rather than traditional marketing tactics) that meets the needs of the community, sadly, only 1 out 16 brands passed]

We took a multi-industry approach, and reviewed 16 firms from four industries: automotive, media, technology, and consumer products. Sadly, out of this 16 contenders that were appropriate, only the BMW Series 1 received a passing grade, and half of the firms scored a zero or lower. We also tried to find examples in many social networks including Facebook, MySpace, LinkedIn, Imeem, and Microsoft’s Windows Live Spaces. I was already asked on Twitter if there were B2B examples, unfortunately, we only found one that made the report, Microsoft Live Server.

Despite these dismal scores, there were some great examples such as the The Dell/Microsoft (Red) program provided a rich media theme that was easily sharable, Sony’s BMG page for Alicia Keys was personable and interactive, and Kraft’s DiGiorno Pizza delivered a unique interactive experience with its members. To improve social network marketing, brands must develop community-centered content and activities, measure success based on new criteria, and be prepared to participate.

Forrester Report: Best And Worst Of Social Network Marketing, 2008


If you leave a question on Forrester report page, I promise to respond to the best of my ability.
If you’re a client, you can download instantly, or if you’re not a client, you can purchase the report, and if you’re not fully satisfied you can return with no questions asked –we stand by our work.

Also, I propose we do away with the term “campaign” when it comes to social networks, it derives images of military movements, and short term commitments –exactly what not to do when it comes to communities.

Although some of them have changed since we first started to judge the 16 social network marketing efforts are:
Note: A passing score is a minimum of 8.

Automotive
BMW 1 Series scores a 9 (Pass) read more
Mazda3 scores a -1
Chevy scores a 3 (who sponsored the effort at the time)
Ford scores a -4

Media
HBO’s Entourage scores a 2
FOX News scores a -4
Disney: Enchanted Movie scores a -4
Sony BMG’s Alicia Keys scores a 7

Technology
Samsung’s Blast scores a -3
Dell/Microsoft (RED) scores a 6
Microsoft’s Windows Server Live scores a 6
Intel scores a -5

Consumer Products
Nike scores a 2
Kraft’s DiGiorno Pizza scores a 5
Pepsi’s Aquafina scores a -2
Mars: Skittles & Starburst scores a 0

The whole process was a tremendous amount of work, we spent hours testing, reviewing, and compiling data, you should use this report as a benchmark and a checklist for your future efforts on social networks. It was a lot of work, but should really help you to all move forward and reach communities even more effectively.

Lastly, I use social media tools as a small percentage of my research methodology, for example, I asked the 12,000+ readers of this blog (and 9000+ on Twitter) to help define what they think are success metrics for campaigns, some of this was factored into the scorecard requirements. So I use the same tools that I cover, and try to practice what I preach. Last by not least, thanks to Christine Overby, Harley Manning, Sarah Glass and Scott Wright at Forrester for all their help.

Brands Obsess over Female Bloggers (Examining the Economics)

Posted: 17 Jul 2008 11:28 PM CDT

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(Above Picture: 22 brands provide schwag (real and useful products) to the Blogher pre party…imagine the marketing at the actual conference)

I just got back from the pre Blogher party at Guy Kawasaki’s house, even today, as I gave a social computing workshop, I heard from yet another brand that they are desperately trying to reach women bloggers. Why? Well first of all, many of them control the financial spending at the household (ahem, that’s true at my house) and they are also ‘creators’ with blogs, pictures, video and podcasts –they’re influencers. With so many brands understanding the new “Google” world, where influence can happen from digital creators, they do what they can to reach them.

I spoke to a few of the bloggers trying to find out what works and what doesn’t. One indicated that when brands pitch them, they should really read their blog to understand their editorial agenda. I talk to brands, and they think it’s a mob rush to reach these women, and therefore very difficult to get in front of them.

I was talking to many female bloggers and learned that one of the party organizers from Kirtsy that about 50 brands submitted schwag for this pre party (although as you see above, only about half made the bag). I took a picture of the good stuff that I brought home (for once, says my wife). Also, Blogher received $5 million in funding this week (update: read interview, link via Chris Bishops) to build an advertising newtork, and the Blogher conference will have about 1,000 attendees in SF, many having traveled all over the country.

Now despite the attention being given to this hot market, I see two major problems. First of all, this market is already getting statured by marketers pitching these influential women, secondly, some of them (as I’ve heard) are not fully disclosing how they recieve these products, whether or not they keep or give them away.

So my questions to you is this:

When this organic and natural market gets saturated from the many vendors pitching at them (would make Scoble blush) what impacts does this have to: 1) credibility of the women bloggers, 2) Effectiveness of brands trying to reach this inundated market? 3) If credibility and demand is reduced to this market, will it decrease their influence? How will they be able to maintain these levels? I think something has to give.

I certainly home someone reads my above questions at blogher to the female congress, it’s a real issue that I hope they address.

Key Update 12 hours later (a moment of clarity):
First, to be very clear, it’s not the character of the bloggers I’m challenging, it’s the economics of great demand for a limited supply, please don’t misconstrue this.

After a good night’s sleep (something I rarely get) I can see what’s going to happen now:
1) The opportunities for brands to get in front of bloggers to review products has become saturated, pitching to them has become less than effective.
2) Therefore, the advertising network that blogher, sugar, glam, or others puts forth where be where the excess demand goes, brands will simply pay to advertise their products on the major nodes of the network, based on other blog network models, there will be little trickle down for b-a list bloggers in this space.
3) The credibility of “blogger review” will be reserved for a few products, but the supply of excess product marketing demand will be alleviated through a blog advertising network.

History shows that marketers are great at figuring out avenues where there is less friction.


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Edit: thanks to anna for noticing my typo




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