What insights do you have for other large organizations, Fortune 500 at least, on things they should think about when looking at social media as something to invest in? Scott Monty - Head of Global Social Media at Ford
I think so much is made of social media, there’s a different tool nearly every day that’s being developed, but the bottom line is, it’s just online conversations. It’s learning how to speak to your customers again and getting into the channels where they are, whether it’s Twitter, Facebook, whatever. And when legal departments freak out as they normally do, I’d remind them that 15 years ago email was very much in the same cusp and look at how that’s worked out for us. Nobody has spilled the beans on some corporate IP secret, or at least very few people have. It’s just another way of communicating.
Which drives which, technology or communications? Brian Solis – CEO Futureworks, blogger, speaking, author and PR/Social Media evangelist.
It’s a collision between technology and communications. If anything, it’s technology slamming into communications and we’re all trying to figure out what hit us. Conferences like SNCR and Web 2.0 Expo are the epitome of all the hottest, coolest, shiny objects, tools and networks from social media to enterprise 2.0. It affects us as communications professionals, as marketers and even as business professionals as the social graph has now been enhanced and streamlined through all of this stuff, at least it’s supposed to be.
What we’re seeing in terms of the collision between technology and communications is that technology is not just forcing communications but all of media, causing us to evolve in a way that’s making us better communications professionals because we’re actually communicating with people and not at them.
Can you share a few high level tips for companies that are in discovery mode when it comes to tasks such as deciding on social platforms and applications, internal management and success measurement? Or should they take a less evaluative approach and just jump in? Jessica Berlin – Social Media Manager, Cirque du Soleil
If you’re ready to count more failures than wins and if you can get honest admissions of fear – you’re almost ready to jump in. But first ask yourself “What kind of relationship do I (not We) want to have with myemployees or customers? Give yourself an honest answer. If it’s a purely transactional relationship that’s fine. If it’s something else, try to plot it on a line of intimacy somewhere between “Someone I see a couple days a week in the elevator” and “Soul mate.” Hopefully, for their sake, it’s somewhere in the middle. Then practice. Keep it small. Say hi. Get to know each other. Try things. Learn. If a jaded old ad guy like me can figure it out, the rest of you should be fine.
What are some of the common issues large organizations encounter when trying to evaluate and adopt social media technologies? Are you seeing more internal or external facing applications? (ex: building a private social network vs engaging in existing/public social networks). Jim Cuene - Director of Interactive at General Mills
The only stuff I care about right now is consumer facing. I don’t care too much about Enterprise 2.0 (though I know that I need the same tools for internal communications that I’m seeing take off in the consumer space).
The phenomenon is just getting started, even though to those of us who are on Twitter and compulsively reload Tec meme it feels like it’s been around a while. It’s still so early in the game! Big companies that have been historically reliant on mass media are just now beginning to realize the extent to which their worlds will change as a result of social media.
A couple key issues:
- Efficiency is elusive/It’s hard to execute social media efficiently- Large companies have made a science out of finding efficiencies in media, and have been pretty successful squeezing most of the fat out of production budgets. But, social media, in a lot of ways, is the exact opposite of mass: Labor intensive, highly involved, non-standardized.
- Who to Turn to – Big companies are critically dependent on their agencies as a way to run lean internally. But 90% of ad agencies are still trying to figure out how to deal with display and SEM. Social media is going to be a total mind- f*** for them. And a lot of the “social media agencies” are making it up everyday, as they go along. No one has this figured out, and big companies aren’t really staffed right to figure it out themselves.
- Evaluating success – What’s a good result? We all know home runs when we see them in other media, but what does a a successful social media campaign look like? How big does that success have to be to drive the business?
- Velocity -By it’s nature, social media is slower than Mass. The Blendtec guys were at it for a while, before “Will it Blend” went big. Viral hits like “elf-yourself” don’t just happen overnight in most cases, even if it seems like it to us. Tv-centric companies are used to turning on the ad (or dropping the FSI, or starting the promotion) and seeing the results immediately. For companies that are used to the velocity of impact that comes from “mass” media, the slow, steady approach may be frustrating
Can you share a few high level tips for companies that are in discovery mode when it comes to tasks such as deciding on social platforms and applications, internal management and success measurement? Or should they take a less evaluative approach and just jump in? Gary Koelling - Senior Manager, Social Technology at Best Buy and co-creator of Blue Shirt Nation
If you’re ready to count more failures than wins and if you can get honest admissions of fear – you’re almost ready to jump in. But first ask yourself “What kind of relationship do I (not We) want to have with my employees or customers? Give yourself an honest answer. If it’s a purely transactional relationship that’s fine. If it’s something else, try to plot it on a line of intimacy somewhere between “Someone I see a couple days a week in the elevator” and “Soul mate.” Hopefully, for their sake, it’s somewhere in the middle. Then practice. Keep it small. Say hi. Get to know each other. Try things. Learn. If a jaded old ad guy like me can figure it out, the rest of you should be fine.
Do You outsource any social media work and if so, do you have tips other company social media marketers for finding managing consultants? Tim Collins – Senior Vice President of Experiential Marketing Wells Fargo
Most of our work is done internally. But on the small portion that is external, the same rules apply to other media:
• Get referrals from people you trust
• Check their work with other clients
• Set clear expectations and hold them accountable
Can you share an example of how you’ve successfully employed a social media effort (large scale or a specific tactic) and how you measured success? (marketing, ORM, branding, etc) URLs to examples are very much appreciated. Dave Evans – Social Media Strategist at Digital Voodoo and Author, “Social Media Marketing An Hour a Day”
Three come to mind immediately, as all are fundamentally different in their goals.
First, Meredith Publishing and its communities like
Parents/American Baby and
Better Homes and Gardens. Working with Meredith’s Community Manager we developed a strategic roadmap guiding their use of the Pluck community platform. The objective was stronger engagement between individual print and online subscribers via the content discussions in which they were engaged. In this case, we gauged success in terms of page views–the base line indicator for publishers–and the size of the community as it grew over time.
Next is Premiere Global, a provider of scalable electronic messaging services. Premiere’s platform powers many of the financial trade transaction confirmations that people receive, hurricane evacuation notices, and similar. Premiere developed an API around its platform, and then invited developers to build monetized application using these tools. Working with Austin’s FG SQUARED, we developed a support and learning community built on the Jive Software platform for application developers to facilitate the spread of tips and knowledge in order to build more and better application based on PGI’s underlying API and service platform. We are measuring the number of applications developed, and the revenue associate with them. This is essential a direct measure of ROI.
Finally, working again with FG SQUARED and its client, University Federal Credit Union, we implemented Techrigy’s SM2 social media monitoring platform to engage the credit unions marketing and operations units with conversations of interest. This is the first step in what will be a larger social media based implementation, and is a great example of the ways in which innovators within organizations can take initial steps into social media. Measurement in this case is related to the conversations uncovered, and their value in terms of intelligence to the firm.
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