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Category Archives: Marketing

Brand Focus #5: Groupon in Malaysia – Friend or Foe for Your Business?

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July 5, 2011

| Jan Wong

will groupon help businesses grow?It has been a couple of months now since Groupon officially came into Malaysia by acquiring GroupsMore.com and many businesses have hopped unto what I call the Groupon hype – a similar scene happening around the world. Businesses go on Groupon for marketing purposes, to draw crowd or bargain hunters to their store / outlet and hopefully translates into future sales (click here if you’ve never heard of Groupon before).

I managed to talk to two different business owners recently and we somehow got to the topic of Groupon and it would seem that they both have been badly ‘pinched’ by Groupon.

Initial Observation: Groupon As a Foe

1. Their business actually experienced losses. Groupon deals attracts the crowd, that’s for sure. If your products already have low margins to begin with, you may experience losses – especially when the crowd pours in for your awesome deal.

2. Their business cannot cope with the crowd. So you’ve got a deal up and you’re fully booked for the whole of next month – but you do not have the resources and the capacity to manage each and every customer. Mismanagement may turn away customers for good and if you’re planning to invest into more manpower and equipment, you better have the margins well calculated because…

3. Your existing customers (that may not be on Groupon) will also want discounts because of the awesome deal you’re already giving to others.

4. On top of that, the customer retention rate is said to be very low, at about 5% – 10% and in some cases it still does not make up to the ideal margin.

While the above may not be true for every business out there, many have experienced the negative affect of Groupon which led me to think – is Groupon really that bad of a business / marketing model to adopt?

My answer is: no.

7 Tips on How to Maximize Groupon for Your Business

#1: Know Your Margins

Understand this before proceeding: while every business can use Groupon, not every business should use Groupon. The reason is simple – if your business operates on very low profit margins, you’ll definitely end up with a loss – especially if you’re a small business without any marketing budget set aside. Know how much of a margin you’re able to spare (and survive), even if there’s a large crowd. Set the group discount rate at a level in which you’re comfortable at and yet remain attractive.

#2: Know Your Business Operations

This applies best to the service industries. Know when are your peak and off-peak seasons or timings in a day. ‘Sell’ your off-peaks cheaper in return for crowd. This is where Groupon can truly shine – put in terms and conditions specifying that the offer / deal will only work during specific timing of a day (e.g. 3-5pm) to boost sales rather than not making any sale during the off-peak hours.

#3: Never Give in Quality for Quantity

Use the crowd to your advantage – show them what you’re able to offer even when you’re under pressure. Whether it is customer service or food preparation, make sure you’re showing your customers the best you can offer. This is the time to give them a reason to come back for more!

#4: Build Your Database – Engage

Take this opportunity to build your database by engaging with your customers individually. Talk to them, get them to subscribe to your newsletter, ‘like’ you Facebook page, ‘follow’ your Twitter handle, sign-up for a loyalty programme, participate in a contest or even to write a testimonial for you. In other words, do not let them leave without leaving you with something valuable for your business. On top of that…

#5: Follow-up Offers

Don’t let them leave empty handed! Give them something in return to invite them to come back for more. Something along the lines of “bring a friend on your next visit to enjoy a similar treat” can do wonders. Retention rates are low because businesses do not give the customers sufficient reasons to stay. So why let them leave empty handed?

#6: Make The News

Make use of the crowd to spread the news! Snap pictures, tweet away, launch a Foursquare special and create buzz across existing social media platforms. Customers are drawn to crowd and if you are already attracting one, let them know you have one!

#7: Encourage Feedback

This is the most important of all – always ask for feedback from your customers so that you’ll know what went wrong / right to do better in your next Groupon deal. Offer as many feedback options as possible – through Twitter, Facebook, contact forms or emails and be sure to respond to everyone of them positively.

Have you used Groupon for your business? How did it work out for you? How else do you think Groupon can benefit businesses?

 Insights, Marketing, Social Media |  brand focus, business owners, crm, entrepreneurs, groupon, malaysia, social media, trend |  2 Comments

Are You Building Engagement Points for Your #SocialMedia Campaigns?

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June 30, 2011

| Jan Wong

The objective of this article is not to remind you how powerful and important social media is to your business today but to tell you that being on social media is not the solution to stay competitive in the market.

We all know that social media platforms such as Facebook, Twitter and YouTube are great tools to maximize online visibility. The question is, how can your business capitalize on the growing evolution of social media and not fizzle out?

If you already have a social presence, great! This may help you enlarge your ‘territory’. If you’ve yet to integrate social media into your business, consider this as a point for having one:

Creating Social Engagement Points for Your Business

Yes, you may have a blog or a Facebook page but do you know how many engagement points are you using? In other words, how are you allowing your customers to engage with you? Identifying your engagement points can maximize your effectiveness on that platform simply because you’re allowing your audience to engage with you differently.

Take a look at the video below:

Now this video has nothing to do with blogs, Facebook or Twitter but it holds one powerful concept to being successful on social media: enlarging engagement points so that their customers can engage with them (through purchasing) even outside of their stores.

Tesco realized 2 important points:

1a. To increase engagement points does not mean they have to be opening new outlets everywhere. In social media, that also translates to you do NOT need to be on every social media platform just to be seen engaging with your customers.

1b. To effectively engage with your customers, you need to be where they are at and in this case, it was the subway. Where are your customers congregating? Are they even on Facebook to begin with? Or would they be hanging out in technology forums? DeviantArt, perhaps? Know where they are and be there!

2. The power of having 1 platform but multiple engagement points. Tesco used the subways as the platform along with QR codes – not one, but one for every product. Think about it – Tesco could have done only ONE QR code and redirect the customer to their online shopping site for the purchase to take place but they chose to have them individually. This boosts interactivity and allows customers to actively engage in a different way.

How are you allowing your customers to engage with you on social media? Only on your Facebook wall? Your comments section? How many engagement points do you have?

17 Simple Engagement Points for Your Blog and Facebook Page

Facebook

#1: Wall (yours)
#2: Wall (your customers’)
#3: Questions / Polls
#4: Contests
#5: Welcome Page
#6: Subscription Tab
#7: ‘Like’ / ‘Share’ Button
#8: Profile Picture (e.g. fan of the week)
#9: Photo Tagging
#10: Events

Blog

#11: Comments
#12: Social Sharing (Retweet, Share, Digg, Stumble, +1, etc)
#13: RSS Subscription
#14: Email Subscription
#15: Contact Page
#16: Links to your Social Profiles (Facebook, Twitter, LinkedIn, YouTube etc)
#17: Guest Posting

What are your thoughts on having multiple engagement points? What other engagement points you think businesses and individuals should also implement?

 Insights, Marketing, Social Media |  business owners, entrepreneurs, innovation, social media |  2 Comments

Brand Focus #4: Using #SocialMedia for an Offline #Marketing Campaign

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June 28, 2011

| Jan Wong

So I was heading to Digital Mall a week ago and this caught my attention:

@the_officeguy spotted working outdoors

The guy was dressed in working attire, complete with a tie, in a pair of orange boots sitting by the pavement by a busy road. I moved on since I initially thought it was some flyer distribution gimmick but there were similar guys situated all around the area. They were pretty difficult to miss and I was totally intrigued with what’s the entire concept all about. I spotted the Twitter handle @The_OfficeGuy and decided to look him up.

the_officeguy twitter profileSo, the Twitter profile and the timeline did not say much about him. I dropped him a @mention and he introduced himself the same as in his profile. That made me wonder – if this is supposedly a promotional campaign (and I was pretty sure it is), why isn’t he promoting a single bit on the product / service? After observing the timeline for about a week now, @The_OfficeGuy is all about running contests and replying @mentions.

At this stage, I was determined to uncover this ‘mystery’ of @The_OfficeGuy. After several searches I found that it is actually a campaign by Microsoft – promoting their cloud solutions (that’s why the cloud is there) such as Office 365.

@The_OfficeGuy is related to Microsoft cloud solutions

3 Things We Can Learn from This Campaign

#1: Curiosity drives conversations

It is a good idea to use social media platforms to drive conversations for your offline promotional campaigns. The reason is simple: you get people talking – especially if the campaign actually DO drive conversations! Why not bring the conversations online in which you too, can respond to them?

#2: You put a face to your campaign

Microsoft managed to put a ‘face’ and a real-life scenario to its cloud solutions. This way, the promotion takes a more human and conversational approach without being in-your-face. Consumers had it enough when it comes to blatant advertising.

#3: Provide a reason to follow you

Here’s where I think @The_OfficeGuy should have done better. The campaign created curiosity and people (with Twitter) naturally began engaging with them but it would seem that not many decided to follow him. Why? I came up with 3 reasons:

1. People somewhat know that this IS a campaign. So why follow an advertisement channel?
2. All it does is to talk, talk and talk. What can I get out of listening to his conversations with others?
3. (Referring to the Twitter profile) What value can I get out of the misadventures of someone?

I can’t argue it’s capabilities in drawing curiosity and responses but if you can’t keep the consumers, you’re merely a shopfront display. It may be more effective if  there is a balance between the tweets – engagement vs providing value. You do not need to sell your product, but cleverly picking out its benefits and usage in an educational tone will do better.

Bonus: This works great with local businesses

There’s no need for expensive print advertisements. If your business has a targeted audience in a specific geographical area or even with limited budget, you may want to consider narrowing your promotional focus such as Microsoft. Concentrate on one location to build visibility and utilize social media platforms for engagement to take place. Your business may be the next talk of the town!

What do you think about the campaign? Are there areas that you think they’ve done well? Is there anything lacking?

 Branding, Insights, Marketing, Social Media |  brand focus, malaysia, microsoft, social media |  2 Comments

The #SocialMedia Dot-Com Mentality

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June 16, 2011

| Jan Wong

The dot-com era was the beginning of really exciting times. It was revolutionary. It was the beginning of people willing to spend money for something that is intangible like a .com domain name. We can definitely learn a lot from those days. A couple of weeks I go I wrote about 5 lessons we can learn from the dot-com boom and bust and that’s not all!

Mentality #1: Let’s play monopoly

social media monopoly - a dot-com mentality on social media

It is interesting that many businesses create a blog, a Facebook page and a Twitter account just because it is “the right thing to do”, to keep up with technology just like how .com domain names were sold like hotcakes during the dot-com boom. Businesses are busy securing .com sites social media accounts even though they have no plans of using them.

While that may seem like a normal thing to do, social media is a different playing field altogether especially if you’re registering the accounts under a similar name such as your brand or company name. A simple query on Google will be able to reveal all of them… buried with dust, which ultimately affects your credibility.

Mentality #2: If it’s online, it’s global

During the dot-com boom, many had the impression that as long they have a website, they can easily be found. True, but also VERY wrong. It is true that if you’ve a website or a social media account your business is accessible globally. However the question is – whether you can be found among the mass of information and websites out there. Even if Facebook has 600 million users, it does not guarantee you 600 million impressions if you have a Facebook page. In fact, it takes hard work to even get your first 1,000 followers if you’re a small business.

Remember, social media is merely a tool – you’ll still need to get down and get it to work for you and people today often rely on search engines and personal recommendations (e.g. Facebook likes, Tweets, blogs and comments) to locate what they need online.

Mentality #3: Information (Part 1) – That’s all I need on my website

Yes, information is important and it still is today. Imagine yourself going onto a website only to find nothing about that particular business. It sure defeats the purpose of having a website. The thing is, businesses should also understand that people today demand more than just information.

Let me ask you this question: would you rather buy from someone that has only pure information or someone with an updated blog and perhaps an active Facebook page?

What makes things worse are sites that have dates beneath their home page that dates back to the past. Does that imply that you’re out of business in the present day?

Mentality #4: Information (Part 2) – The more the merrier

Remember how websites looked back then? Presenting to you the all-powerful frames:

website with frames

It was really something. Businesses were able to display even more information within a single screen. But is that the case today? Clearly not. In fact, search engines are not very happy with frames. Sites today display a minimalistic outlook to simplify the message – doing away with jargons and boring texts. Is your website overloaded with information? Less is more!

Mentality #5: The almighty enquiry form

The enquiry form is perhaps one of the most important addition to almost every business websites out there. After all, it is one of the easiest way for customers to keep in touch with you. Don’t get me wrong – it still is a powerful tool today. The question is – is it enough?

I don’t know about you but I personally do not like enquiry forms especially if I only have a short / simple question to ask. I’d rather leave a comment, a post on their Facebook wall or a Tweet. Imagine filling in all the fields on the enquiry form just to ask “are you open this weekend?”. Plus, there somehow is a feeling of a ‘black hole’ when submitting an enquiry form – you do not know whether it is actually sent. On social media platforms, you know they’ve received it for sure.

Do you fall into any one of the mentalities above? What other dot-com mentalities have you noticed today? I’d love to hear them :)

 

 Branding, Insights, Marketing, Social Media |  business owners, entrepreneurs, mindset, online, social media |  4 Comments

The 5 Groups of Marketers on #SocialMedia

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June 7, 2011

| Jan Wong

Having worked and talked with a number of businesses in Malaysia, I find that there are 5 groups of people out there when it comes to taking on social media. Whether they are small business owners, marketing personnel from large corporations or even individuals, they all seem to fall into one of the groups below:

Group 1: The Fans

You know social media is the way forward. You embrace it no matter where they are or the situation that they’re in. You know your way in and out of social media tools such as Facebook and Twitter. You are very active and you’re everywhere – perhaps the first to jump on that new social network recently launched – there is just no social media tool you will miss, as long there is “social media” labeled on it.

Group 2: The Skeptics

You feel that social media is a trend and it will soon fade away simply because conventional media still reigns. Perhaps you’ve tried this social media thingy and found that it does not work for you and does not see how it can for others, too. You may see it as a gimmick that marketing agencies are trying to sell and you just don’t see why would anyone want to follow your business on Twitter or check-in to your business on Foursquare. Social media is overrated.

Group 3: The Navigators

These are the people that know their way around social media. You know what are the best tools around, what works and what does not, what tools to use for a particular situation. You see the potential of social media and know how it can both benefit and fail your business depending how it is managed. You’ve all the knowledge and is constantly learning and you’re good in putting together strategies and plans to make it work for you.

Group 4: The Lurkers

Or perhaps also known as readers. You go around reading blog posts, tweets from specific #hashtags, following those at the top in the industry, always accumulating knowledge on your own. Yes, you may have your own social media accounts but they are just avenues for you to obtain information or maybe even to keep tabs on your competitors. You may also be feeling inadequate because others seem to be more knowledgeable / experienced than you.

Group 5: The Creators

Just the opposite of Lurkers – you create content and participate across social media platforms. You’ve that burning desire within you to keep sharing what you have, not afraid of what another may think of you. Chances are you already have a blog and is on Twitter or Facebook (at least) to get your words and thoughts out. You’re participating in chats, communities, groups and comments. You’re doing it as a way to express your thoughts and ideas.

Which Group Do You Fall Under?

So, how do you see yourself on social media? I say I’m a little bit of a creator + navigator (and fan :p) when it comes to social media, simply because I get excited when talking to people about it and even more so when the question pops “how can my business use social media?”.

Before Doing Anything, Know Yourself

Many times individuals and businesses fail on social media because they THOUGHT they should be what they aren’t. Unless you’re a master of disguise, the consumers can see through you right away. Understand that there is no right or wrong group to fall under.

However, if you’re only obsessed about content creation, don’t neglect lurking once in awhile. If you’re all about lurking, maybe you should put your knowledge together and be a navigator instead. Too much of a group can also be your downfall.

What about you? What group do you fall under?

 Insights, Marketing, Social Media |  business owners, entrepreneurs, facebook, mindset, social media, trend, twitter |  2 Comments

Brand Focus #1: Importance of Linking #SocialMedia Offline Right

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May 31, 2011

| Jan Wong

It’s interesting to see how businesses scurry to take on social media without much thoughts or a strategy. Are you one of them?

Just last weekend I went to a restaurant with a bunch of friends for lunch. It is situated in a bungalow, well furnished and a pretty nice place to chat.

Putting that aside, what caught my attention was the menu, or rather, what’s inside the menu. No, not the selection of the food, not the price, but this:

Jarrod and Rawlins MenuIt has a Facebook badge on the menu that says: Join Us On Facebook. I thought to myself that this is a good way to build a fan base or even an avenue for customers to give comments or feedback.

I began to look for the URL of the Facebook page – but found nothing except the domain name as seen to the left. Well, that isn’t too bad – I immediately looked up the site and guess what? It has no reference to the Facebook page either.

Now at this point of time I was rather determined to search for the missing URL but since it was a lunch gathering, I temporarily put the quest aside..

..until I got home. I went to Facebook and did a search and here’s what I got:

Jarrod and Rawlins Facebook

I was shocked. They DO NOT have a Facebook page at all. The only result that matched was “Jarrod Rawlins” which isn’t them and just random Facebook places that have not been claimed by the restaurant themselves.

Join Us On Facebook? But You’re Nowhere to be Seen!

Here are 2 quick lessons / reminder from this case:

#1: Putting a Facebook Logo Ain’t Cool / Impressive if it Does Not Work

Don’t / Never be inclined to put a Facebook / Twitter logo on your promotional materials if you do not even have it setup and maintained. If you do have one, make sure you have the URL or the Twitter handle to go along with it. Remember, it does not work like a button when it is printed so the URL is a must!

Additional tip: Stay away from http://www.facebook.com/pages/urlthatcannotberemembered12345.php – which is a default URL assigned to your page when you create one. You can actually get a pretty URL for Facebook here for a more memorable URL.

#2: Know What is it Supposed to Do

Know what you want to achieve with social media platforms. Directing customers to a blank Facebook page or an inactive Twitter account is counter productive. Offer discounts, offer exclusive updates, opportunities for customers to leave their thoughts on their last visit, maybe allow customers to redesign your menu or even just a thank you note – give value to your customers and they’ll be back for more!

Are you making the same mistakes? Have you seen similar mistakes by businesses? I would love to hear your experiences :)

 

 Branding, Insights, Marketing, Social Media |  brand focus, business owners, entrepreneurs, facebook, social media |  4 Comments

Why You Should Forget About Conventional #Marketing

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May 29, 2011

| Jan Wong

Every business on this planet is fighting for attention, trying to sell a product or service to the consumers and sometimes it just backfires despite your effort. So why market your product? Don’t bother producing promotional campaigns – you’re wasting your money and here’s why:

#1: Consumers Don’t Care About You

And they really don’t. In the eyes of the consumers, you’re just ANOTHER product / brand. Yes, you may be the best among all but think about it – your competitors are shouting the very same message and this will result in a long, and perhaps an unfavorable journey for your business, simply because it will take time for the consumers to consider your message, evaluate and compare them with your competitors.

#2: Consumers Are Surrounded With Marketing Campaigns (and Gimmicks)

You can look at the outcome from two perspectives:

1. Consumers today are better decision makers – they tend to research and ask around for opinions before purchasing.
2. Consumers today had it enough with marketing campaigns – they simply avoid you (see short video here).

Neither outcome favors you as an marketer, especially when your business is new – budget constrains and lacking in credibility.

#3: Consumers Want Solutions

“Enough of selling! How about giving me a solution to my problem instead?”

Today’s consumers had it tough. Not only they have to put up with marketing spams, they have their own problems to attend to as well and all they want is a solution to their problems. If your marketing campaign only talks about your product, give it up – consumers won’t buy-in.

Going Beyond Marketing – to Creating an Experience

Instead of talking, why not try listening to understand what is it that the consumer wants rather than assuming? While it may be difficult to reach out to consumers before, social media platforms have made it easy today. Focus on creating an experience with the consumers instead of pushing the product to the consumer and you’ll see the difference as below:

The lines in grey illustrates the processes involved in the conventional consumer purchasing funnel and the one in red shows how powerful a bond / relationship with the consumer can be. It builds confidence among the consumers allowing them to jump into purchase – more powerful than conventional marketing efforts.

It Takes Time

I’m no way suggesting that this method is a shortcut to success. It takes time to build a bond with the consumers but its effect may be greater than conventional marketing efforts and social media makes it possible. Social media platforms such as Facebook and Twitter are great tools to approach the consumers because they are already on it. Approach them like how you would to approach a friend without being pitchy.

5 Things to remember when approaching consumers on social media:

1. You’re there to offer a solution to their pain.
2. You’re there to build relationships.
3. You’re there to give value.
4. You’re there to ultimately convert them into advocates.
5. You’re there to listen.

It’s time to do away with conventional marketing and let the ‘human’ do the job. Let people drive your business, not products.

What are your thoughts on conventional marketing vs social media marketing? Does the buying power solely rests on the consumers themselves now?

diagrams adapted from: Harvard Business Review.

 Insights, Marketing, Social Media |  business owners, crm, entrepreneurs, online, social media, web 2.0 |  2 Comments

5 Reasons Why #SocialMedia Contradicts Conventional Media Marketing

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May 26, 2011

| Jan Wong

The more I dive deeper into social media, the more I see how different is marketing today compared to before with the usage of various social media tools and platforms. The conventional way of ‘mass marketing’ or ‘mass advertising’ don’t seem to work that effectively anymore and even some small business owners are beginning to explore this new ‘thing’ called social media.

Before we go further, there’s this VERY interesting video on YouTube that you HAVE TO watch:

Interesting huh? With those thoughts on your mind, here are the 5 reasons why social media marketing contradicts conventional marketing methods:

#1: Conventional Marketing Says TALK. Social Media Marketing Says LISTEN.

Just like the video above, conventional marketing does all the talking and they’ll just go on and on to promote their products and brand just like how this sentence will go on and on without any punctuations and you’ll have to read the entire sentence in one breath and yet it still does not end because they’ll want you to buy and if you don’t they’ll keep talking and talking.

In other words, it’s just a ONE way relationship. Consumers today respond better to conversations. Remember, a conversation is TWO way. Before you click that “update” button, think – will YOU as a consumer respond to a post / update / tweet like that? How does that reflect you as a business? Is it too pitchy? Are you giving an opportunity for your followers to respond?

#2: Conventional Marketing Says KEEP. Social Media Marketing Says SHARE.

Content used to be exclusive. My research is mine. My video is mine. My article is mine. My statements are mine. Can’t blame them though, there isn’t any content sharing platform back then. However, such content were considered as trade secrets and even employees are not told of it.

Today, social media marketing is all about sharing. It is about getting as many people to share the message as possible. Call to actions are no longer limited to “Enter Your Email to Win Prizes” but to “Share This With As Many Friends As Possible to Win”. Companies are even creating content solely for sharing purposes – through SEO (you want to share your content), viral videos, contests and more!

#3: Conventional Marketing Says SELL. Social Media Marketing Says GIVE.

Conventional marketing focuses on the money. You have to pay if you want something from me. Makes sense, right? However in social media marketing, it’s all about giving, and believing in the philosophy of ‘givers gain’. Giving does not necessarily mean money, but VALUE. This can be done through information, service, support and even conversations to keep that relationship with your consumers alive.

#4: MONEY Determines Conventional Marketing. ENGAGEMENT Determines Social Media Marketing.

The rich becomes richer and the poor poorer in conventional marketing. Big corporations have millions of dollars every year to put up huge marketing campaigns with their brand plastered on every wall, ceiling, car and walkways, so much so that it feels as though they dropped a bomb in a city and yes, they do get the word out rather effectively – with a lot of money.

Not so on social media platforms. Money helps, but it does not necessarily produce results. The engagement and relationship speaks louder on social media. Think about it – what is it that really makes a content viral? The content? Or the consumers? The consumers make it happen. Yes, you can purchase fans and followers but that is equivalent of hiring a delivery boy to hand out your flyers and that does not go very well on social media.

This is where smaller businesses stand a chance against the big guys.

#5: Conventional Marketing Says QUANTITY. Social Media Marketing Says QUALITY.

Now this is an interesting one. Many have spoken on this before and I, too have written an article about quality isn’t exactly everything on social media networks (yes, I believe quantity matters, too!). However when it comes to conventional marketing, quantity ALWAYS matters. Think about it: the number of flyers, brochures, airtime, commercial spots, newspaper advertisements, coupons to giveaway, buntings, billboards… you get the drift.

Social media marketing on the other hand, aims for quality. Quality articles that educates, quality fans and followers that become your brand advocates, quality updates to drive conversations and quality conversations to build relationships.

Moving Forward

Recently I met with a potential client that just could not comprehend why would people blog to share personal / company information, update their status so that others would know what they’re up to and ‘check-in’ so that people could stalk them. He knows he needs to ‘do’ social media but just can’t get the reason why are people so into it.

Having looked at all that, it is clear that social media marketing really DOES NOT make sense to a conventional marketer. If you’ve been wondering why is it so difficult to convince an “experienced” marketer in your company (or client) to adopt social media methods, it is because it does not make sense to them.

It’s sharing time! Are there any other areas that conventional marketing efforts contradicts social media marketing? Do leave your thoughts in the comments section below!

 Insights, Marketing, Social Media |  business owners, crm, entrepreneurs, online, social media, trend, video, viral, web 2.0 |  Comment

What is Beyond Buzz Marketing?

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April 7, 2011

| Jan Wong

So, you had an awesome ‘pull’ strategy. Your promotional strategy became the talk of the town. People are responding on a daily basis. Is that it? – to merely generate as many responses at one go? What’s next?

Just a week ago a local hair salon dropped a simple viral bomb in the community where I live – especially for the ladies. They hit the streets distributing ladies-only vouchers that entitles them to have a hair cut by a professional stylist at only RM1, for 1 week only. Yes, only RM1, equivalent to only 33 cents USD – it was definitely a steal and it became the talk of the town almost immediately.

Needless to say, both my mum and sis were drawn to the offer and they decided to make a trip to the salon to give it a shot after making a prior appointment. They walked in, confirmed their appointment and here comes the stylist. Being accustomed to a typical salon’s service, my mum described how she wanted her hair to be layered and was given the reply “your hair is already layered so we do not need to do anything to it”. As for my sis, well, snap-snap-snap and the whole ordeal was done in less than 5 minutes.

What happened here? The salon came up with a great ‘pull’ strategy and managed to get the crowd in. Do you really want to keep your customers in for only 5 minutes? It would have been a great opportunity for them to showcase their professionalism, services, hospitality and etc but they chose to give it away.

What they could have done?

1. A proper welcome would be nice. It doesn’t need to be elaborate but since there was a prior appointment made, perhaps the staffs could standby to greet you and guide you to a (labeled / reserved) seat? That would be a simple, but personalized service.

2. Cease the opportunity for a proper introduction. The objective of the promotion is definitely to generate future repeat customers. A mini tour around the salon, explaining the store’s concept, products, equipments and etc may instill confidence and memorability to your brand.

3. Leave something with the customers as they go. A return voucher, a loyalty card, a picture taken and signed by your hairstylist or anything that reminds them of you.

These small and inexpensive gestures can go a long, long way.

How important are your promotional / viral strategies? Very. A follow-up strategy? Imperative.

How would you react if you were there? What can they do better? Do share them below :)

 Insights, Marketing |  buzz, crm, mindset |  2 Comments

Quality Over Quantity, Really?

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April 5, 2011

| Jan Wong

is quality the only criteria on social media?With the number of new blogs and social media accounts being setup every single day, it is no wonder why quality is preferred over quantity. After all, visitors prefer quality content over frequency of updates, right? The question is – is that all it is to it?

This has always been a topic amongst bloggers and businesses alike. I know of bloggers that go all out, putting up at least 3 posts a day with the reason of generating more traffic. Nothing wrong with that as long it is working for him. There are also others – businesses, to be exact, that posts only on a weekly basis. Does that make them weaker candidates on social media?

How about status updates on Facebook and on Twitter? Are frequent updates more inclined to be followed or be seen as ‘active’ on the network? Or will an update a day do the trick?

Is Quality ‘IT’?

Sure, quality is very important especially today where everyone can create content. Imagine – with 600 million users on Facebook, 1 update per user produces 600 million updates. That’s some massive content but how many of them are quality content? Quality content allows you to rise above the social media clutter. The usage of words, language proficiency, degree of insight, research and more all contribute to quality content.

One thing from missing from the list of quality content is that you’ll also require to have a quality NETWORK or COMMUNITY. Producing quality content without the right audience renders your hard work useless. With the right network, your content has the potential to gain more eyeballs and spark off even more ideas through discussions.

What About Quantity?

Having that said, let’s come back to the question – is quantity insignificant then? I personally do not think so. Quantity matters, too! Here are 4 simple reasons why:

1. If you’re new to social media, it matters to make yourself visible. Post frequently and consistently to capture attention. Avoid using same sentences in your updates as you do not want to be spammy! Be creative.
2. If you’re a blogger, the total amount of your posts count. This does not mean that you should be posting relentlessly, but your post count should show that you’re consistent and you’re serious. Readers may not find you credible / serious if your last post is 6 months away.
3. If you update Facebook, Twitter or more, your interactions count. You should engage in conversations with your customers and networks – don’t just chat, share ideas and position yourself as both an avid learner AND an expert in your field.
4. If you use Twitter, the number of your followers speak. The number of lists you’re added to also speaks. Most people only follow others that have more followers than how many they are following (i am one of them) because it indirectly suggests that you’re ‘followable material’ and that there is just something about you.

What does this mean?

“Quantity matters in social media. The trick is knowing the right amount to spill.”

Sharing time! What is your take on quantity and quality? Do leave your comments below!

 Insights, Marketing, Social Media |  bloggers, facebook, online, social media, twitter, web 2.0 |  6 Comments

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