In my endeavor of establishing transparency and clarity in the, Ohh so amazing and new world of Social Media and Online Marketing, I am sure the series of posts I am doing now, will surely be an eye opener for clients.
Just sometime back, my strategy team did a search on the keywords, Social Media and India, and what we got were people who have sometime or the other in their professional lifetime, related to the Social Media industry. And since Social Media is not an age old concept, thus we started looking at the profiles of people who are currently into the profession.
To my UTTER AMAZE, the profiles, I was given were an absolute NO, if they were to handle my brand strategy not just on the internet but everywhere else. Interestingly, these people are recruited by not just the small Social Media ‘shops’ but the biggies in the business as well. Positioned highly, these guys are given fancy terms and well, the customer is sold!
Let me bring more clarity by looking at certain aspects of what my strategy team gave me, post the data analysis:
Education
Majority of these people have not done management (which I am not suggesting is necessary)
80% of them, do not have the words, Branding Consultant, Marketing, Positioning, Product life cycle, etc in their summary/ profiles
Current
The current profiles are all Social Media Strategist, Social Media Marketing, Social Media Executive
Past
There are people from BPO, from Technology, Adventure Tourism, Operations who are handling your So called Social Media Branding and Online Branding and Brand Creation and what not
Experience
Most of these people are fresh (1-3 years) of experience and are running the show
In my personal view, I completely agree that innovative thinking, creativity are needed, but is it that you will hand over your brand in the hands of someone who does NOT even understand what Brand stands for?!
This revelation by the team, surely opened my eyes towards how is the New Media industry being structured and shaping up. We are playing on chances and one of running successes.
Well, I am back from a very good trip to Bangalore. Met some old entrepreneur friends, some interesting people. Connected with some very established people and re-fueled my engine for my entrepreneurial journey ahead!
Though while on the way I connected with some online marketers on the flight back and here I am writing a piece which I have wanted to since sometime now!
Let me start by saying: Branding and Obscenity are Pretty Much the Same
Why do I say this? Well, the guy sitting right next to me looked at a book I was reading, which was about Branding and how radical concepts have changed consumer perception overtime. I was reading a few case studies and making notes, for a couple of Offline Branding Campaigns I am working on. Now suddenly this guy shoots, about how he is an Online Marketer and does handles campaigns online and how his firm has been doing lots of work.
Without an introduction, I heard him as a client, and asked queries, and he started telling me about how Google helps, SEO, PPC and SMM works. Especially SMM, which we also know by Social Media Marketing. Since I was in the Case Study mode, I posed a question:
Give me 4 solid case studies with the ROI that you have generated for the client or where you have actually gone back to the client telling him that he needed offline/ other marketing techniques as well, and how did you execute it!
And this gentleman starts discussing the best works he has done. A viral campaign, which had x number of hits…Helped a company generate these many leads online (which he had no ideas, of how much was the conversion).
Anyway, being a good listener, I patiently heard him, and then asked another question:
What is the difference between Branding and Marketing and why did some of his campaigns did not survive and what he then suggested to those clients?
I am NOT generalizing this, but I have been interacting with Online Marketers, majority of them in their late 20′s and early 30′s who have had no experience of raising a brand. Who have not seen the entire cycle, boasting about serving the Indian SME in scaling up.
I have been into the Social Media scene, since sometime now, and have struggled with the statistics, which I could really go back with, to a client and suggest him, this is where you should increase/ decrease your marketing spend and this is what you should look at diversifying.
I have NEVER heard from an Online Marketer that they have ever gone back to the client telling them, that look you product needs this, as this is what you customer is looking for on the internet
Majority of Online Marketing companies optimize campaigns according to what the clients are searching a product/ service with. Well, I challenge this thought. How do you that it was the right consumer who was searching this term which you just took from suggestions which Google Adwords provide you.
Branding – YES, Social Media helps You do Just That
Okay, so now I have my Branding lessons on. I get to know how Branding is established, online:
a page/ profile on facebook
an account on twitter
targeted Ads on blogs/ sites
ghost writing on discussion forums etc.
videos on YouTube
ppts on Slideshare
photos on flickr
And if you still cannot achieve traffic numbers, well, go and post this content on various multiple platforms which are identical, so your content will be looked upon by more and more people an chances by simple probability to achieve are higher.
Okay, so I understand probability, but I am still not convinced with this number generation method, I remarked.
I am a Social Media guy and I have a problem with how things are going in India today
Okay, so for all those, who feel I have a personal bias, I have explored the online media to a good extent and hence I write my thoughts here. Majority of bloggers, social media experts/ evangelists/ marketers, strategists, have not had any Branding experience and talk Brand all the time. I have a particular issue with this, as many a times, what they dont realize is they can grow only if their client(S) grow.
Online is the new thing – you have to get on Social Media coz DELL made 3 million dollars from twitter
This is what I have heard from every religious online marketer, I have interacted with, who is pitching to any business from technology to holiday to whatever. Coz DELL did it, hence the opportunity exists and as in India, a small company thinks, even if I can achieve 30% of this, at a low cost, well I will make decent numbers.
And what happens month on month when you go ahead with Online Marketing for your business
MONTH 1
Both the online marketing agency and the client are excited, many things happening around, online training, blogs building up, google ads, higher listing on search engines WOW
The marketer goes back and shares the numbers:
number of blogs, number of blog posts, google ads numbers, how they got the company(s) site(S) listed high on search engines on specific keywords
Month2
Create content | POST it – HOST it – Virality!
Lets do it! Pictures, PPTs, Blog posts, Videos and what not
We will post it here – there – everywhere and wallah this will happen and this
Conversations are not happening – says the client!
Lets do ghost writing
Lets do ghost profiles
Lets do ghost comments
Month3
Houston We’v got a PROBLEM
Firefighting mode
What did you till now, after a quarter?
Well, Sir, look at your brand, look at how many people came to this landing page, look at all of this. Sales will start happening soon.
Lets See – the client now is thinking of how to convert the contract into a pay for performance?
Well, and this is where problems start. Retainership goes down and performance kicks in, knowing well, you dont even know what GAP EXISTS (if any) between the following parties:
Senior management
Existing (employees and clients)
Prospective (employees and clients)
The majority of online marketers, go ahead with no such GAP analysis, and without knowing what exists in the market and what needs to be addressed, just go ahead because they have a medium to connect people with, because out of the 300 million plus people on facebook, there will always be some who will be looking for your product/ service.
Well, I have no inherent bias against anyone, but if I strongly feel, if you are not clear of something, well, dont fluke and sell, coz what you don’t realize is anyway, after 3 years, there are only the better ones, who will be having the repetitive business, because you will be out of market to which you have been marketing.
There are many Buzzwords in the Social Media industry today and each day one evangelist is harping on a new one. Much clutter gets created due to the same and hence the diluton of your Brand Equity, as each Brand is pitched these high flying Buzzwords by the marketing agencies.
Corporate Blogging though not a Buzz word, but has been so messed up that many a corporate have lost value rather than generating it. There have been instances of big corporate entities using fake blogs and many other tactics to boost up terming them as “so called social media campaigns”.
I have been LIVE blogging some of the most major corporate conferences in India since over an year now and have been approached by Corporate to support their initiatives. Am I averse to it? NO! But would I go ahead and support just about anything? NO!
Through this post, I intend to cut through the clutter which has been created and make the Corporate present to how they can successfully integrate Corporate Blogging in seamlessly in their marketing effort and with much ease!
Though these may not be the absolute latest numbers, but with respect to the industry growth, this surely is a number to reckon with, stand up and make a note of, I believe. In the current times corporations large and small are increasingly taking the “being different” and “with the times” route. Blogging has suddenly taken the mainstream route and is one of the factors in the Corporate overall marketing mix and budget.
There may be many people giving much gyan, but what I present here is the on the field reality and of my experience, hence there may still be better ideas, which I would be glad to listen to and incorporate.
What should you do before you decide on that oh! so blog!! ??
Put in black and white, your marketing objectives both in the short and the long term
Determine if blogging is a good fit for your company
An apple a day keeps the doctor away, is almost true for all, but why are you generalizing the apple with a blog in the social media space? Blog for one company may work wonders for them, for the other it may not work!
Just being cool using blogs, is already a passe! Social Media space is changing and growing at a much faster pace and is much complex. Just having a corporate blog may not be of any tangible return.
Are you ready to invest on a blog?
The last time I was sitting in this major corporate HQ, I asked them a question, are you ready to invest on a blog and well they were a bit off the track. Blogging they said is easy, we will leverage a free platform like wordpress or blogger. Well, yes, I agree, but you need to invest much focused time and energy on customizing the design of the blog as it represents your Corporate sentiment. Today blogs are as much a part of the entire corporate image as were websites sometime back!
Don’t be afraid, Create a solid strategy
Strategy for a blog? Well, YES!! For a Blog! As a corporate you may have a single blog for all your functions/ verticals or you may choose to go ahead with multiple blogs representing each of them. Now this is the first stage of your blogging strategy.
Positioning: You need to be clear in a properly documented form on the positioning that you would like to create with your blogging effort. Who are you positioning the blog to? What is your target group?
you may just create a blog to attract the best talent in the industry
you may have a focused blog on thought leadership to position yourself accordingly int he industry
Branding: the branding strategy that you intend to establish with the emerging of the blog should be clear. What campaigns (if any) would you intend to run on the blog. Would the CEO/ CFO/ Senior management participate on the blog? Are you trying to make a point?
Are you open to external content on the blog other than your own? And are you willing to be open to comments from the external environment?
Are you selling/ marketing? STOP…..Start ENGAGING!
Since Corporate blogs are generally an effort of the PR department of a company, they have a restricted vision, and hence it reflects on the way they PUSH content on the blog. PUSHing is not the key, ENGAGING is! Your content will speak for itself. If you have smartly invested into content creation, in terms of videos, pictures, etc. you will break the ice much faster with the prospective target audience.
its fairly simple, you get unsolicited calls on your cell phone. Would you refer such a company to your circle? Probably NOT, but a genuine follow up and feedback conversation at a preferred time, well yes you would and WOMM is bound to happen
Provide Value
This is one of the most crucial aspects of a successful blogging effort. VALUE creation.
why do you think would I (either your prospective employee or client) spend 5 minutes in going through things which are not adding any value to me in terms of knowing more about you or the industry? Even if I land up and stick to your blog for a couple of minutes the first time, with no VALUE I will not bookmark it for my future reference, leave aside following you on my Google reader.
Take Feedback, Build Relationships
This is one aspect of Corporate blogging which many a Corporate think of and include in their agenda, but their focus shifts from this objective to the exclusivity of presenting and design. Looks do matter, no doubts, but you need to understand that each feature of the blog would essentially be leveraged towards achieving a particular business objective!
Remember YOU are a HUMAN and the person reading yoru blog is a HUMAN too!
Many a times, the Corporate get so consumed in their vision of presenting their best foot forward and trying to arrive the best way in their client’s perception, that they lose the basic essence of the fact that WE ARE STILL HUMAN. And business is all about relationships.
Write the blog as if you are expressing yourself to your target market/ group!
Select Bloggers
Yes! I know everyone can write and that you hire the best of class human resources in your company, still blogging is an art and hence I suggest my clients to select a team of bloggers who are honed in their skills and trained further by the company. This team should essentially consist of the following people:
PR professional from the company
Group of employees trained on company’s social media./ external communication guidelines
Social Media agencies
NO, your “Corporate Blog” DOES NOT need a SINGLE VOICE
Dont be afraid and get only one person to be writing/ punching the keys for you. He/ she will have a certain perception of the company and may as well be limited in the scope. Go ahead involve people. Give them a platform to express what you want to. More hands on deck make the experience for the client all that worth it!!
This is one of the many posts that I would be doing on the correct measures and tips and tricks of the trade of blogging, not out of what people say, but what I have experienced in real time on the field. And I would not be a common voice, but I would say, it works for me!!
To devise a Corporate Blogging Strategy for your company, CONTACT ME
Its 5:40 in the morning and I have just woken up…have to reach work little early today as I am working on a BIG pitch for obviously a BIG client, which can end all the so called recession woes for a startups like us..
This is a quickie and what I have in mind to introduce a concept which has been there for ages. You shop and you buy anything today, on the big flashy banners/ posters/ ads, you get for example big discounts but at the bottom end, there comes a small, almost unreadable line which says Terms and Conditions apply.
Okay, so since I am a Social Media Evangelist, while looking at my industry and the marketing industry overall, what struck me was T and C in our case really is Time and Content!! (c) myself
Now you would feel why does the post title contain a name called Saarthak HIT 95FM? Well, let me create a context. There is this FM channel called HIT 95 FM in Delhi, which is one of the best channels there is on air. And then there obviously have to be the RJ’s there…..and wallah you have someone called Saarthak (I dont know if Im spelling it right, or I have added an extra ‘a’).
Now is this an advertisement for the channel? NO!!
But I am making a point here. Saarthak comes on air pretty early in the morning and goes upto some 12pm in the afternoon giving you amazing dollops of music. But what I have been seeing over time in his journey of 6-7 hours on air, that he manages his time juggling in between the LIVE talks, contests, music and other stuff that keeps people like me hooked, pretty intelligently.
He manages the content he has and the time he works for in such a neat manner, that you never feel a hitch. For a client these are short term wins and keeping him on a high all throughout!
Looking through the Social Media glasses, I felt this is it, in our industry, content is the king as it is for Saarthak and the team, time for them is as crucial and what they sell and who they sell it to is again an important consideration as they have a niche concentrated target audience, which is the office goer in his/her vehicle. (Now being an entrepreneur, I have multiple business ideas running in my mind for HIT 95 guys to increase their revenue with) anyway… going ahead this is the ultimate gyan!
What does a Solid placed Social Media Company need in the times evolving?
The times of seeding content on the internet are so over and the offering has now become a commodity. Its time to get campaigns flowing in with creative juices flowing and help the client processesize the entire Online Marketing gig for their business. This is the time for establishing your stand on what’s NEXT really!
Build a high team of creatives who are executioners as well and you have what you would call the NEXT WAVE in Social Media. Deliver to the client and have flawless execution and you are set for a long innings with a clientele which would include the best of the class in the industry, as flawless and responsible execution and project management is what these biggies are looking for and you will have the revenues flowing in and if you are not in deep S**t, then you can always get cash positive pretty quickly.
**and now for the self promotion part, well, I will be LIVE on air at Saarthak’s morning show between 8:20 and 8:30 today called the battle of the sexes. I hope I win, otherwise, I am telling Saarthak to at least give me a hamper…(LOL) coz I have been almost awake for 3 days and nights now and am almost like a dead man walking, so something other than coffee and vodka, needs to get inside to get me waking up and having my senses.
Sometimes I ponder over life and who things are moving. Its a Sunday and I am in deep thought about my company, where are we moving and how are we placed.
The question(s) which I want to get answered is: as a services company, are you defining productivity the right way as your clients deliverable(s) require? Do your employees really understand your business?
Thanks for Calling Yellow, Have a Nice Day
Case Study: Yellow Corp, a Fortune 500 company in the trucking business was going in a deep nose dive, which was found by Bill Zollars, who became the CEO of Yellow Corp at that time.
Problem Statement:
What he found was that the company had no account-abilities and statistics for customer satisfaction.
Employees did not understand the value and were just acting on the given orders
Bill, understood one thing clearly, that the company is nosediving and competition was building up. People used to ask him, if the company will be around another couple of years? Bill had a strong look at the business and finally came out with the solution which had him telling the employees that they are no more competing with the competition in the trucking business, they are not a LTL/ trucking company.
We are a services company and need to strive to create systems to reach to what Starbucks does for its customers
Confused?
Well, Yes, Bill changed the entire positioning of the company for the employees, for them they had become a services company and hence the entire conversation with the customer changed. The entire focus shifted to the customer. People started listening to the customer and hence the products evolved there from.
Eg: On one of the occasions Bill went to a customer care centre of the company to hear the calls and he heard one of the agents answer a customer who wanted to truck his shipment from place A to B in 2 days. And the agent answered “We can do it in three days”. The customer again said but I want it to be done in two days. The agent had the same answer again. The customer finally remarked, I’ll call up someone else to which the agent said: Okay, thanks for calling yellow and letting us serve you. Have a nice day”
Well, if this is what you call serving, sure you are nose diving!
Being part of the Internet industry (read: social media) in India today and connecting with the leading players, I think, the flood of small companies which are creating ruckus in the market by introducing cheap services and setting wrong expectations with the client, will consume such companies itself.
The leading companies which have already set the Social Media ball rolling with the creme de la creme of the clientle would create an entry barrier for the smaller companies, strong enough which would take a good time to surpass and in such a time if these smaller companies dont scale up, with the right HR mix, I see them failing.
Thus the Social Media companies need to position themselves right in the market and itnernally with their employees aligned towards achieving the same goal seeing the same BIG picture!
I discuss Social Media with some of the established brains in the domain in India and have had discussions with Social Media thinkers sitting thousands of miles across the seven seas.
And now I do have a problem!
Before I put my problem down, let me put some questions for you to ponder upon:
Almost every business today needs to reach out and the Internet becomes one of the best mediums. But does every business have the same objective in terms of (Branding, Outreach, Lead generation) etc.?
Is it necessary that a solution which has worked for an IT company (as an example) would fit great for a BPO?
Is it necessary that YOU as an Online marketing company would be able to understand everything from a product business to an IT to a BPO to a Chocolate product company?
Is marketing universal and do the same rules apply for all on Social Media?
Well, now let me put forth my problem!
One of the biggest lacking points that I see with online marketing/ social media companies today is lack of good human resources. In my experience, you need three core and basic qualities to be even thinking of creating social media strategies for a business (client). These are:
Solid understanding of Business/ Products/ Services/ Industry
Solid understanding of the consumer who consume these products/ services online
Solid understanding of marketing
My experience of the industry says that majority of Social Media companies, talk about all the major tools and all the great jargons, but what they dont understand is how to customize a solution for the client. Each business (may be from the similar domain) will have a different set of problem statements to answer. Each business will have different objectives to achieve.
When so much is different, how can you just go along with jargons and pitch the same solution to each client?
I have interacted with many a Social Media people who if spoken to, would not have the required level of knowledge/ understanding of the product/ industry/ consumer behavior they are pitching to, but will keep circling around their choice of words which are: branding, positioning and lead generation (amongst the many others)
To scale up as a Social Media company – My way would be
The human resources that I recruit would surely have these three above mentioned qualities. Also, since time is an essential factor in the Internet business, I as a small company cannot afford to keep training my employees and wait for them to grasp business and start delivering. Hence what I need to focus on is getting the right people on board who take the ownership of work and understand the criticality of client delivery and execution.
Since this time, I have connected with many people, from some of the best in the Internet domain to some real sharp entrepreneurs, who have given their comments on the various business models which startups and the established Internet/ Online companies are following.
Scale up or Shut Shop
Out of my interaction a couple of days back with a highly placed and successful Internet entrepreneur, a revelation jumped out, which in a way took me by surprise, as I was always present to it, but not really in the real sense of the action.
Over a cup of coffee, we discussed the following:
Is working with SME’s in India really that easy into Social Media?
Are they good paying customers?
Are they easy to grab?
Do they really have the time and resources?
How, many huge clients (some of the top companies in India and Abroad) are looking for all kinds of services into Social Media and are ready to pay for innovative and rewarding work
Now, I had this idea about how social media campaigns are made for these big fat clients, but never had someone who is doing it in real time, telling me, how much of it is true!
Thus came the BIG realization!
There are these big companies who are asking for partners in the online world, who could do some really innovative stuff. When I talk of innovation and results, I am in a way referring to the likes of Sunsilk Gang of Girls and TATA TEA Jaago Re.
But what I was not aware of was, trivial and almost commoditized offerings in Social Media as creation and seeding of content on the various Social Media channels, these BIG companies are asking for such services as well as an integral part of the offering and are paying good sums for the same.
Many small online marketing companies are offering the same set of services to their clients which represent the SME/ Startup space.
But would the business model sustain?
I am not saying NO, but surely I think its going to be very very difficult. Even if as an online marketing company your differentiation is the market that you are serving, you still have to consider that your market should be sustainable enough and you should have enough resources to crack the market. Some questions that you should answer:
How long is your sales cycle?
Do you have enough resources to hang onto your tables?
Is a low paying and yet more demanding market, the best way for you as a startup?
Moral of the story?
Am I saying that small online marketing companies would not sustain? Well, not really! But surely such companies would find it really hard to sustain. The model over a longer run is surely not sustainable. Moving up the chain and crossing over to the clientle, which is sustainable for your business, is an absolute essential.
Price war?
Not really, in my personal opinion, price is surely not a differentiating factor which smaller companies can establish and fight over. Otherwise the shark will surely eat away the smaller fish.
Finally
There is enough business around, all you need to do is create the right set of expectations with the client and deliver innovations which would help the client get a high over, through short term wins, and will also help you establish long term relationships with your high net worth client!
I am impressed with the fact that the 23 year old kid who turned down $1 Billion from Yahoo and is almost a 4 year old company, who says that my age is a little bit of both an asset and a liability.
A kid who sits on the same desk as his 400 other employees writing codes, who has 240 million dollars from Microsoft for a 1.6 %stake, well, I am surely interested in listening to this guy who says no he is not looking to make facebook public and yes they are working on revenue streams.
Here I bring you the exclusive tid bits from Mark’s interview!
Paritosh Sharma speaks on Social Media and Mobile 2.0 at OMCAR 2009
I take pride in presenting my talk at OMCAR 2009, a hugely successful event which was held by OM Careers in association with TiE, Delhi at Amity University, Noida.
I am humbled by the response received by the delegates and some amazing insights from the fellow speakers.
Almost 2 weeks back, I entered into this contest which was Organized by the Sol Solutions, Canada called The Great Blog-Off!
40 thought leaders/authors/thinkers from across the globe participated in the first stage, out of which there were top 15 chosen after stage 1, which I was a part of Post stage I, it was 12 people contributing to the Community Marketing Blog passsionately to create one of the best Social Media communities, lead by some of the TOP thought leaders into the field.
And, after these two full of action weeks, I am glad to share, that I have achieved the best Views to Comments ratio on the blogs I contributed to the Community Marketing Blog as part of this contest.
I hereby thank all my followers who helped me achieve this amazing win and also would like to know what all in future you guys would like to read about/know and if you would like to contribute to this blog!! I’d be happy to create your profiles and be glad in creating a platform for emerging people to express their views and thoughts!!
"We thought we understood social media marketing and seo optimization fairly ok but after our one on one session realized many of the fundamental mistakes we were making plus learnt many new tools. Overall an investment I would recommend every entreprenuer to make"
- Nidhi, Founder CEO, Pinnacle Works
anyway… going ahead this is the ultimate gyan!