Relevantmind

January 6, 2009

DirecTV – great customer service to start the year off right

It’s great to start the year off with a really positive experience.  I have been a customer of DirecTV since about 1998.  Originally I joined because it was the only way to get Formula 1 racing here, and I’ve been a customer ever since.  Note I didn’t say “loyal” customer.  I love the idea of satellite mind you, it just seems so Jetsons.  But up until now, if cable came along with a good enough offer I might have been tempted.

The loyalty factor went way up a couple of weeks ago when their customer service team reversed a long standing billing error.  They did it gracefully and without complaint, even though the relatively small error went back years and compounded to a pretty significant number.  And they threw in a free service upgrade to say sorry for their mistake.

I decided to use RelevantMind to see if that positive experience showed up in online communities, compared to DISH Network.  Did it ever!

Here is the conversation volume versus Dish Network for October through December:

directv-activity

direct-tv-activity-21

The sentiment around DirecTV  is very positive.  And based on my experience, if they keep up the good customer service they’ll continue to enjoy the lion’s share of online conversations.  Good work and thanks!

December 29, 2008

Nissan 370Z Launch

A friend of ours is looking for a new sports car and asked us to take a look at the conversations happening around the new Nissan370Z. This is a challenging time to launch a new car and our friend’s question was whether the positive press reviews (it made the NY Times top ten list) translated to enthusiast community interest.

The short answer is that it has. Here is a look at volume in November, notice the big spike around the launch:

370z-nov-vol

 

The really good news if you are Nissan is that daily post volume is up, way up in fact. Through December 25th the daily volume is over 100 posts a day on more than 250 different communities – almost double what it was in October. And what were they talking about?

 

370z-features

Probably not a big surprise that performance, power, and taking it to the track trump ride and comfort!


August 27, 2008

What are athletes saying about…Sports Nutrition?

Filed under: Social Influence Marketing, Social Media — Aaron @ 12:47 pm

As you can imagine the topic of what to eat and drink is a hot one among athletes.  RelevantMind looked at what over 400,000 runners, cyclists, skiers, triathletes, climbers and more had to say. We looked at a number of different dimensions and here are some of our top-level findings.

This is the leader board showing percentage mindshare of conversations over the last 3 months:

 sport-nutrition-mindshare.jpg

The list of companies includes top brands as well as companies with a full page ad in one of several magazines including Bicycling, Runner’s World and Rock & Ice.  Gatorade is the clear leader, with Gu, Clif, Powerbar and Hammer Nutrition all having over 10% mindshare.  Met-Rx, Myoplex, Twinlab and Nature’s Path all have full page ads in one or more of the magazines we looked at, but as you can see they aren’t getting a share of the conversation.

We also wanted to look what things the community talked about when discussing nutrition.  We looked at a specific set of terms related to nutrition:

 nutrition-feature.jpg

 It is clear and not too surprising that “Taste” and “Natural” aren’t nearly important to athletes as the more performance oriented characteristics.  This is the kind of data that can be really helpful in crafting campaign messaging targeted at a specific consumer or community type.

 This is just a small slice of the overall data RelevantMind has.  We also dive into trending over time, sentiment, influencers, specific conversations and more.  We’ll include some of our other reporting in upcoming posts.

August 5, 2008

Are they talking about me?

Filed under: Community, Consumer Generated Content, Social Media — Aaron @ 8:50 am

Well, the question we usually get is more along the lines of “Are they talking about my brand? How about specific products?“. 

At RelevantMind our emphasis is on user communities (primarily forums and discussion groups) as opposed to other forms of social media like blogs and micro-blogs, wikis, photo and video sharing, etc.  There are many reasons for our focus but a big one is the sheer volume of conversations.  More volume means more data points and that can make all the difference, especially as you get to the product level.

Let’s take a quick look at the difference in blog versus community volume at the brand and product level.

First we looked at the topic de jour  - the iPhone.  We know it isn’t a brand but it is about the most blogged about topic over the last 3 months.  Here is how things stack up:

iphonevolume.jpg

The volume advantage is about 3:1.  We see similar results around other hot topics like the presidential election.  Next we looked the brand level for Garmin, maker of excellent GPS units:

garminvolume.jpg

Now the advantage is 5:1.  If your brand doesn’t have a big base of professionally reviewed/blogged products like consumer electronics does this difference can be a lot higher.  

 Finally, let’s look at the product level.  Here is the new Garmin 705 cycling GPS unit (high on my personal “want” list):

 705volume.jpg

Here the difference is a whopping 46:1 – now that is significant!

Social media engagement is all about connecting with your market in a positive way.  If they aren’t talking about you then it is important to look at why not, and what you can do to change things.  But it is also important to look for the conversation in the right places.

 

 

July 28, 2008

Survey finds only 15% of Fortune 500s are blogging…

Filed under: Social Influence Marketing, Social Media — Aaron @ 12:06 pm

A recent Burson-Marsteller survey found 15% of the Fortune 500 have blogs. I had to read this one twice.  I was frankly surprised by this, though probably shouldn’t be.  Actually I should, since Burson’s Chief Digital Strategist Erin Byrne was also surprised:

When I thought about it, I thought that the number would have been higher, and I think the reason…why it still isn’t higher is that companies are still grappling with how they participate in the conversation when they don’t have control over the message.”


As you would guess the 15% is heavily weighted to companies in the general tech sector, with retailing also well represented.  Still the number is low  - really low considering that blogging is a pretty basic building block of a social media strategy. 

At RelevantMind we spend a lot of time dealing with the strategies impacting the broader social engagement landscape.  I’d somewhat disagree with Erin though – blogging is one of the more structured and controllable forms of social media. I think the reason behind the lack of adoption isn’t that blogging in and of itself is that daunting.  But an effective blogging strategy needs both commitment and internal evangelism.  It may be (relatively) controllable, but it is opening the door to the whole social media engagement world.

July 21, 2008

The Evangelists with two (important) hats…

Filed under: Community, Editorial, Social Media — Aaron @ 9:42 am

Last week Marshall Kirkpatrick on ReadWriteWeb, authored a great post called “Do Startup Companies Need Community Managers?”.  While focused on the startup world, this applies in a big way to any company trying to figure out how to start engaging effectively.  Their definition of Community Manager

“A community manager is someone who communicates with a company’s users/customers, development team and executives and other stake holders in order to clarify and amplify the work of all parties. They probably provide customer service, highlight best use-cases of a product, make first contact in some potential business partnerships and increase the public visibility of the company they work for.”

Too often the user-facing roles are disconnected from the internal stakeholders, and this tends to get worse the bigger the company.  We’ve all seen it – account management, sales and customer service representing the “voice of the customer”, engineering, production, finance, etc. as the “voice of internal requirements”.

The Community Manager provides the critical link by evangelizing the company externally and the customers internally.  This is a key senior role, one that requires passion, great communication skills and a thorough knowledge of product development and marketing.  

The role may go by many names from Product Evangelist to Chief Communicator to Community Evangelist and so on.  We think that the important thing is that, whatever you call it, the role is seen as both internal and externally critical.

July 2, 2008

Consumers take on engagement

Filed under: Community, Social Influence Marketing, Social Media — Aaron @ 8:12 am

Over the past few weeks, I’ve done a lot of talking about “engagement” – what it really means, who’s missing/driving the boat, why it’s important, etc. But the results of a recent survey by ExpoTV.com, Brand Engagement: What Consumers Really Think, show that online engagement with consumers needs to be a top priority for companies because consumers are asking for ongoing engagement, especially regarding product design. According to results, listening drives loyalty.

“Eighty-nine percent of survey respondents said that they would feel more loyal or significantly more loyal to a brand they liked who invited them to participate in a feedback group. And, 63% of respondents would even feel loyal to a brand they were unfamiliar with that reached out to hear their opinion.”

This got me thinking about the brands towards which I am most loyal. I could only think of one that attempts to listen to me – Apple. Apple makes the effort to engage with me throughout the entire product life-cycle. The other products/brands to which I’m loyal – Anthropologie, Prada, Coke – to name a few. I’m just as “loyal” to these brand, as I am to Apple. But there is a significant difference in how I talk about these brands – which is critical from a word of mouth standpoint.

For instance, when someone asks me why I only drink Coke my answer = I’m from Atlanta and it’s the home of Coke. Prada = because Prada shoes don’t hurt my feet and are well suited for city walking. Anthropologie = they have affordable style that fits my body type. Not very exciting comments.

But when someone asks me how I feel about Apple or my Macbook, iPhone, iPod, I’ve got an earful for them. Each of these three products makes doing everyday things (like work, working out, walking the dog, waiting for friends, finding the right directions, etc) easier and more enjoyable. And Apple has done a great job of listening to how people work and live to make sure of that. And because they’re listening to me and others like me, I (and they) feel more personally attached to their brand/products – which drives me to purchase more of and only Apple products when possible.  Sure, I prefer Prada shoes because of how they fit my feet. But I insist on buying Apple products because of how they fit my life and I’ll passionately tell anyone who is willing to listen.

June 24, 2008

Visa has gone social

Filed under: Community, Social Influence Marketing, Social Media — Aaron @ 1:29 pm

Today Visa threw their virtual hat into the social media marketing ring by launching the Visa Business Network on Facebook. According to the press release, the network is designed to provide small-business owners with tools and tips on attracting new customers, trimming costs and other ways to make more money. Businesses that belong to the Visa network on Facebook (the social networking site already has over 80,000 business profiles) will also be able to communicate with each other to share ideas or even negotiate deals. Additionally, they will also have access to the business network’s resource center, which will provide resources such as Google Business Apps and articles by The Wall Street Journal and Entrepreneur addressing questions posed by the community.

To promote the network, Visa is giving a $100 advertising credit on Facebook to each of the first 20,000 U.S. businesses that download the Web application needed to join. I couldn’t resist. I added the app to the RelevantMind Page which added us the network and placed The Visa “Click to Connect” banner at the bottom of the page. Not too intrusive and good branding for Visa. Upon download I got an email with the details for redeeming my $100 ad credit, but I was more excited about connecting and access to the resource center.

However, after clicking around to find the actual network, I realized you can’t access the network community until you add the application to your profile page. I guess Visa wants to connect specific users to the community versus a company with multiple users. But I don’t see why you can’t register for the network when you add the app to your business page – seeming as you are more than likely trying to promote that business and you have to fill out a new profile anyway.

Regardless of the experience, the access to the network content was worth adding the app to my profile page. I’m anxious to play around with it some more to see how useful the podcasts and articles are. Only time will tell the effects this network will have on the Businesses’ growth, Visa’s brand, and Facebook’s revenue stream. But in order for the program to be a true success, everyone within the community (Visa, Facebook, Sponsoring partners, and the network) will have to win – which should be the goal of all social media programs.

June 18, 2008

Do we really need a standard for measuring return on conversations?

For at least the past few years there has been constant buzz about online advertising measurement standards. The chatter still continues though it’s exacerbated by the additional demand for defining a social media measurement standard. Even though RelevantMind is technically in the “measurement” business, I’m not so sure there is a need for the IAB to define new standards for measurement.

Would a new standard make it easier for our sales to sell our product? Yes
Would a new standard help the majority of our customers better justify an ROI? Probably Not

Thinking about this leads me to the bigger question – Are we looking for a standard for measurement because the online advertising industry needs a standardized pricing model or are we looking for a standard that enables our clients to recognize a return on their efforts?

I’m afraid it is more likely the former, because it would be almost impossible to determine a standard for measuring all social media efforts. Why? Because not all social media communication efforts come from marketers or are directly related to sales.

The folks in customer service, product development, corporate brand, etc. we work with aren’t solely focused on sales. Of course, they’re focused on things that relate to sales, but in some cases the measurement priorities of these groups are very far before or after the sale in the funnel. (sidenote: I also think the days of the traditional sales funnel are over – but more on that another day)

This is why we take the time to better understand our clients’ objectives when kicking off an initiative – I’ve been calling this our objective-focused approach. But today I found a much better term when reading Tim Leberecht’s post, Big ideas, smaller audiences, and too many (or the wrong) metrics.

“’There is more and more emphasis by advertisers for greater return-on-objectives in campaigns, particularly in the digital space where the accountability data is so readily available,’ said Grant Prentice, Starcom USA’s director of connections research and analytics.”

Return on Objectives. It’s actually the perfect compliment for ROI (though I’m not so sure ROO rolls off the tongue as nicely). And if companies are focused on a ROO (see, sounds funny) when approaching social media then the standards of measurement will differ, but be driven by their needs as opposed to the advertising outlets’.

June 12, 2008

Hey Corporation X, it’s not all about you anymore!

It’s all about your customers. And that is scary, isn’t it?

Other than the overwhelming breadth of the social media landscape, the next big fear for companies wanting to dabble in social influence marketing comes with the realization that they will have to listen and react to the conversation. It’s always a touchy moment when a client realizes that engagement doesn’t mean forcing your message onto consumers on Facebook or via Tweets. Engagement is about having a conversation – and, for businesses, it means doing more listening than talking. This is a hard pill to swallow, as no one likes to talk more than those in marketing. And, of course, there’s also the risk of losing control of the “brand message” that they’ve spent hundreds of thousands of dollars crafting. But what’s the ROI on that message if it doesn’t resonate with your target audience?

In yesterday’s post – Five Plugged-in Dudes Get Fired Up About New Media at Pub Club -  Amanda Gravel, author of Social Honeycomb, offers some great commentary on the new era of corporate messaging. Quoting Mike Volpe, she says, “Mike really hit the nail on the head as he explained that there’s simply no such thing as the crafted, corporate message working anymore and that “the message” is what people are saying, regardless of what you put in a PR plan or what your client’s legal team approves.”

He’s right. We should altogether replace the term corporate messaging with community messaging since those that are “on message” will be the ones that realize it’s no longer about the corporation and are crafting their message by listening and engaging the community.

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