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It’s better to have a plan

Plan of the old railnetwork
Image by SnaPsi Сталкер via Flickr

I managed to carve out an hour yesterday for a “strategy and governance” webinar and I’m actually glad I did.

(I have to admit, I signed up for it awhile ago because I thought it might be useful, if not that fun, and I was almost willing to skip it yesterday because I wasn’t really sure if I was up to “How and Why to Apply Strategy and Governance to Social Computing Initiatives.” )

Stacy Wilson of Eloquor Consulting (@stacylwilson) and Greg Reinacker of Newsgator (@gregr) walked us through the topic and provided lots of useful case studies, checklists, and best practices, as well as – surprise, surprise – demos of Newsgator products. (Actually, the demos were reasonably informative and not too pushy, even though the actual part of fitting them into the presentation was a bit awkward and could have been blended in a little more smoothly.)

STRATEGY and GOVERNANCE

* Strategy and governance are just such serious words, I feel like they need to be in all caps and preferably be accompanied by their own incidental music.

Having some sort of plan before launching into a “social computing initiative” is probably much better than having no plan, regardless of whether you’re a sole practitioner or a large, multi-national corporation.

If it’s just you, having a strategy (or a “plan”, if strategy seems to pretentious) can help you make the most impact with the resources that you have – for example, maybe you’re going to really focus on building and maintaining your Facebook fan page; this means that you will have to let all those other shiny and fun, yet distracting tools wait.  For a larger business, having a strategy can prevent (or at least lessen the chance of having) the situations where everyone starts bringing their own tools to the table and you end up with two folks in Department A using Twitter to interact with customers, the folks in Department B are blogging about products, and the interns are posting (unedited) pictures from the company holiday party on Facebook. This makes IT unhappy because you have technology running amok, your Marketing/PR folks unhappy because all of these communications may not reflect the party line, and your executives unhappy because they seem to be (are?) out of control. In fact, the only happy people in this situation are those who saw the photos on Facebook.

So, now that you know you need a strategy, how do you create it? Stacy recommends using your business goals as a “lens to make strategic decisions” and offered these questions as a sample of what you may want to ask:

  • Will it drive innovation?
  • Will it help us deliver better service?
  • Will it encourage collaboration?
  • Will it help us recognize acquisition ROI faster?
  • Will it enable self-service and initiative among the employee population?
  • Will it drive desired culture change?

Obviously, some of these are more applicable to larger companies – I don’t think my local florist is looking for technologies to help her “recognized aquisition ROI faster” – but, many are applicable to companies of any size. More collaboration and better service are always appreciated!

Now that you have a strategy that aligns with your business goals, how do you implement that successfully across your organization? A recommended first step – read Charlene Li’s (@charleneli) classic book, Groundswell, to help you understanding the different interests and motivations of the people in your organization. For more on this, check out these slides. Once you understand the interests and expectations of these users, you can more effectively tailor your initiative and hopefully, position it to succeed.

Keep in mind that many of these “new technologies” can be a real cultural shock to workers who didn’t grow up with them or aren’t currently using them on a regular basis. I especially liked these short definitions (and potential impacts) Stacy provided:

  • Blogging = sharing, or giving away what I know.
  • Wiki = allowing others to change your work.
  • Microblogging = discerning what offer others will value.
  • Social Networking = integrating work stuff with personal stuff.

Education, coaching, and plenty of patience will help employees who aren’t as comfortable with these concepts (or the technologies themselves) find ways to participate in a meaningful way.

For those of you wondering, yes, we did cover some governance issues too (not just strategy), but that was mostly checklists around what info to include on policies & procedures, code of conduct, etc.  If you want more of that, I’d recommend contacting Stacy.

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Ahh, that new blog smell…

Welcome to my new digs! I’ve completed my move to Wordpress.org and will be taking down my site at Wordpress.com in the near future.

If you’re new here, you might want to take a look at my latest series of posts about the Inbound Marketing University. These were my favorites:

I’m also looking for some tips on must-have Wordpress plug-ins, so please leave a note in the comments if you have any suggestions.

Thanks for stopping by!

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Inbound Lead Nurturing (IMU)

Inbound Marketing UniversityProfessor: Brian Carroll, MECLABS, InTouch

Your lead generation efforts have really paid off and you have a full database of people just waiting to hear from you, but maybe not buy from you, not yet. What do you do next? Continue blasting them with email and phone calls?  Or,  maybe you’re ignoring them altogether? Brian Carrol from InTouch gave us another idea during his IMU presentation – you should nurture those leads through your pipeline.

Brian’s definition:

Lead nurturing is a relevant and consistent dialog with viable, potential customers, regardless of their timing to buy.

Much of the information included in Brian’s presentation would be helpful to anyone looking to better understand sales processes in general and he provides some very colorful mind-maps that would be useful when brainstorming some of these lead generation and nurturing activities.

Some of my key takeaways were:

  • Lead nurturing can take a significant amount of resources (time, money, people). And, if you’re in a larger company, don’t discount the internal battles between sales and marketing that you’ll have to negotiate if you want to put one of these plans into action.  (Who owns lead generation? Who owns lead nuturing? When do the leads pass from the nurturing team to the sales rep? How do we know that the sales rep is following up? Etc…)
  • Don’t underestimate the power of the human touch. Although email and other online tools can be helpful, when it comes right down to it, you’re trying to build deep relationships with selected leads, not lots of shallow relationships with every lead. Building those deeper relationships requires more consistent and meaningful contact.
  • Spend enough time at the beginning to clarify who your ideal customer is, how you’ll be able to identify and qualify them, how they’ll be scored and prioritized as they move through the pipeline, and how you’ll nurture them in a way that’ s meaningful to them (e.g. CIOs typically like to have printable reports, so don’t just send them webinar invites).
  • Keep building your lead nurturing library of articles, reference guides, white papers, podcasts, etc. that may be of use to your leads. Not only does this help position your team as a trusted advisor, but it also gives you the opportunity to provide value in the form of meaningful and relevant data to your lead instead of just another sales pitch.
  • Consider building custom lead nurturing “tracks”. For example, a CEO lead may get “targeted email #1″ in Q1, followed up with a phone call in Q2, and a personalized invitation to an executive briefing in Q3.  If you can match these to your lead’s business cycle, even better.
  • At a minimum, you should probably contact your leads on a monthly basis (with  meaningful and relevant content, of course!)

Here’s Brian’s presentation:

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Calls to Action and Landing Page Best Practices (IMU)

Inbound Marketing UniversityProfessor: Jeanne Hopkins, MECLABS, Marketing Experiments

My takeaway from this presentation: The folks at Marketing Experiments really know their stuff and if I ever have a business that needs (and can afford) their services, I would definitely sign up.  Other than that, we seemed to spend most of our time breezing through examples without as much time digging into the details (those questions always seemed to be answered with “It depends…”)

Some useful tidbits:

  • Don’t just send people to your home page. Instead, create targeted, clear, and concise landing pages with a meaningful call to action. “Click here” or  a “submit” button do not count as meaningful calls to action!
  • Conversion heuristic: C = 4m+3v+2(i-f)-2a
    • C = probability of conversion
    • m = motivation of user (when they arrive at your landing page; Do they want to learn more? Buy something?)
    • v = clarity of value proposition (why should they take the next step? adding testimonials to your site is one way to boost this metric)
    • i = incentive to take action (must outweigh the friction elements, gift cards are sometimes used as incentives, free trials are another method)
    • f = friction elements in process (how much effort does the user need to exert? are you making them click through lots of pages or fill out very detailed forms?)
    • a = anxiety about entering information (are you asking them too much information? or the wrong information?)
  • Conversion Rate:  CR% = (# successes/# actions) * 100

Here’s Jeanne’s presentation:

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Advanced SEO Tactics (IMU)

Inbound Marketing UniversityProfessor: Rand Fishkin, SEOmoz

The community guy praised others, the marketing guy told stories, and the SEO guy pounded us with data. I guess I shouldn’t be too surprised! Rand’s slideshow (below) is packed with helpful information and I know that I’ll be spending some more time digging into it in depth. In the meantime, here are a few of the highlights:

  • Expert opinion and correlation data both agree that links are still king – around 75% of Google’s ranking is based around (or affected by) quantity/quality of links.
  • Use keywords in your title tags and as close to the beginning as possible; data shows a linear decline between the position of the keywords in the tag and the impact in search results. For example, “John’s Used Cars” would be better than “John’s dealership and repair shop for used cars.”
  • Although experts recommend including keywords in your H1 tags, the data suggests that this will have little to no impact on your search results.
  • Substantive and unique page content, along with page recency/freshness are some of the most of the important non-link factors.
    • Getting lots of people to link to your substantive and unique content really cranks up your SEO.
    • Static pages (with substantive and unique content, of course) aren’t bad, but they probably won’t be crawled as often (which may or may not affect your rank).
  • Using W3C compliant HTML, another non-link factor, has little to no impact on your search results.
  • The number of unique domains linking to you may be more important than the actual number of links. For example, 500 unique domains that link to you is better than 100 unique domains with 500 links.
  • The fewer number of domains (and subdomains) you use, the better. Example:
    • http://blog.company.com – ok
    • http://company.com/blog – better
  • It’s a good idea to use keywords in your URL and common keywords are probably readable even if you scrunch them all together. For less common keywords, it’s better to use a hyphen than an underscore. Example:
    • http://company.com/healthinsurance.htm – ok
    • http://company.com/health-insurance.htm – better
    • http://company.com/health_insurance.htm – worse

Here’s Rand’s presentation:

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Viral Marketing and World Wide Raves (IMU)

Inbound Marketing UniversityProfessor: David Meerman Scott, author of New Rules of Marketing & PR and World Wide Rave

I have to start this off with a rave of my own – David Meerman Scott. Wow! I’m not sure how he’s managed to stay off of my radar this long, but I think he’s going to quickly become one of my favorite resources.

David packed a ton of useful content into this presentation, but if you can only see the slides you’re missing at least half of the story. There’s a reason this guy speaks for a living! This was, by far, my favorite presentation at IMU.

Here are just a few of the lessons I learned:

  • Social media is a powerful tool, regardless of the size of your company. Don’t be afraid to  make the leap!

Cindy Gordon launched The Wizarding World of Harry Potter at Universal Studios Orlando by skipping the traditional marketing channels and instead telling seven top bloggers. Within 24 hours, she estimates that 350,000,000 people had heard of this new attraction.

Dentist Helaine Smith was spending $2000/mo. for traditional yellow pages advertising for her practice. Fed up with doing things the same way, she created an ebook, Healthy Mouth, Healthy Sex, launched a blog, and jumped into social media. Two years later, her business has exploded, growing from $150,000/yr. to $1,000,000+/yr.

  • Use buyer personas to help you tell your story directly to an interested market. Don’t create content based on your needs or the needs of the nameless, faceless horde. Speak in language that’s meaningful to the persona.

Say you’re an independent business traveller. How would you feel about a hotel that had created content addressing your needs instead of promoting their products (rooms, restaurants, etc.)

Should Disney “create unparalleled entertainment experiences”, or are they in the movie and theme park business? And, all of those happy, multi-cultural office workers in the stock photography on your website – visual gobbledygook. Check out The GobbledyGook Manifesto and The GobbledyGook Grader for more fun with this one.

  • Use social media to earn your customer’s attention. On the web, you are what you publish. Interesting, well-designed ebooks provide a welcome alternative to the traditional white papers and can provide far greater returns. For example, say you have 1000 downloads/yr of a white paper and therefore have collected 1000 email addresses (”leads”). Now, what if you’d had 50,000 downloads of an ebook instead (no registration required, but with a secondary offer requiring registration included) and 2% of those users convert? Now you still have 1000 email addresses, but of people who have already spend time with your information.
  • Don’t be afraid to lose control. Losing control is required if you want people to share your stuff.
  • Stop making excuses. What do you have to lose?

Here’s David’s presentation:

[slideshare id=1592776&doc=viralmarketinggf301-090616132030-phpapp01]

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Successful Business Uses for Facebook and LinkedIn (IMU)

Inbound Marketing UniversityProfessor: Elyse Tager, Silicon Valley American Marketing Association (SVAMA)

Although the information presented in this session was valuable, I would have rather visited the LinkedIn Learning Center and/or the Facebook “About” page to learn more about these topics. Having someone try and walk me through basics and setup steps via PowerPoint is just painful for me. If it’s helpful to you, then maybe you’ll enjoy this one.

Some of the general themes that came out of Elyse’s presentation:

  • Know your objectives before engaging on any of these platforms – be a rifle, not a shotgun.
  • Each platform has it’s own culture and way of interacting; pay attention and participate appropriately.
  • Always be thinking about SEO/branding; be consistent in your profiles, use keywords effectively, create great content.

Things I didn’t know before:

  • LinkedIn: You can take a look at your “profile views” statistics to see who’s been looking at your personal (or company) profile. Although this information isn’t detailed, it does provide you with an idea of who’s interested in you and if your ideas are reaching their targets.
  • LinkedIn: Ask and answer questions to showcase your knowledge, expertise, and interests. People can rate your answer and elevate you to “Expert” status. Overuse of this ask/answer feature can look spammy, though.
  • LinkedIn: You can look for, recommend, or become a “Service Provider”.
  • LinkedIn and Facebook: Both have inexpensive options for advertising available on a CPM/CPC basis. (I’m guessing their inexpensive because they don’t work too well, but maybe that will change over time.) When you’re targeting your  Facebook ad you will get to see the size of your audience/potential reach of that ad.

Here’s Elyse’s presentation:

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Social Media and Building Community (IMU)

Inbound Marketing UniversityProfessor: Chris Brogan, New Marketing Labs

I didn’t make an actual count of Chris’ mentions/celebrations of other people’s ideas, products, and successes, but based on my rough notes I think he was getting pretty close to his oft stated Twitter goal of 15:1 (their stuff:your stuff) and he also managed to spread these examples across industries and businesses, large and small.

Chris’ knowledge, expertise, and passion around using social tools to build communities and his ability to translate this into clear, human examples have made him a leader in the field and I would strongly encourage you to take a look at his presentation (below) to see these ideas presented in his words (and then, of course, subscribe to his newsletter and blog for ongoing social media community goodness!) In the meantime, here are a few of the highlights from his IMU presentation:

  • It’s not about you, so always be humble.
  • Create content that your community wants (and/or needs). Hint: This is probably not what you think it is and it’s almost definitely not a sales-y pitch about your new product.
  • Be where your community members are – the platform (Facebook, Twitter, Yahoo! Groups) doesn’t matter, go where the people are, go where the participation is happening.
  • Always acknowledge your community members, celebrate their successes, and equip them to handle their challenges.
  • Although return on investment (ROI) is important and should be measured, also consider the “return on influence” (ROI) as well.

And some nitty-gritty details from the Q&A:

Should you separate personal and professional identities when interacting with communities? It depends. Generally, it’s easier and more authentic to blend the two (while being mindful of what you’re posting where.)

How many connections are too many? It depends. Chris uses CRM tools to manage his numerous connections, but that may or may not work for your. (YMMV)

What listening tools should I use? There are lots, paid and free. Free tools are great starting points. Paid tools can help with automation, workflow management, and detailed analyses. It’s how you use the tools, not the tools themselves

Should I use my business name or my personal name on Twitter? It depends. For companies with multiple users,  the best option may be to do a combination of the two (@janeATcompany instead of @janedoe or @company.) This lets you know you’re talking to a real person, but also allows people to find you if they search on your company name.

I hope this summary was helpful! Don’t forget, I’m also adding all of the links and examples I run across in these presentations to my delicious.com page for IMU. Enjoy!

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Blogging Basics and SEO Fundamentals (IMU)

Inbound Marketing University
Inbound Marketing University kicked off with two presentations focusing on the fundamentals: getting started with a blog and SEO basics. Both presentations were excellent introductions to the topic and I know that I’ll be using them as quick reference guides the next time someone asks me “Should I be blogging? How do I get started?”  Here’s my summary of these first classes:

How to Blog Effectively for Business (GF101), Professors: Ann Handley and Mack Collier, MarketingProfs

Quick numbers – in 2008, 45% of people in the US read blogs on a monthly basis and 13% create/maintain a blog. Both of these numbers are expected to increase by 50% by 2013. So, even though Twitter and Facebook are currently getting all of the press, blogging is still a significant tool in your marketing arsenal. Blogging provides your company with a way to have a conversation with its customers, to establish expertise in a broader topic (i.e. a hotel company can provide expert advice on travel, not just its hotels), and to address potential crises (see this example from Hulu, also covered here in Mashable.)

Ann and Mack also discussed the general features (create/publish content, encourage dialogue) and components (sidebar, header, post, comments) of a blog as well as some of the significant benefits (Google loves blogs because the content is constantly changing and there’s always fresh info, this means that blogs can often rank higher than a traditional, static page.)  Be warned, however, that once you start a blog it’s something you’re going to need to continue so make sure you have passionate (and qualified!) bloggers – nothing’s worse than a half-hearted attempt that ends in an abandoned blog.

Other quick tips:

  • Content should be relevant to your audience (a blog is a “value creation tool”), not just corporate-speak.
  • Comments are a way to engage your readers:  use first names, listen and respond constructively to negative comments, create a formal comment policy to explain the rules of engagement.
  • Decide what you want to include on your blog and how it should be organized – once you know that, you can decide on the structure (2-columns, 3-columns, etc.)
  • There are blog platforms at all price ranges for all levels of technical skill. Pick one that fits your company.

Here’s the presentation:


SEO Crash Course to Get Found (GF102), Professor: Lee Odden, TopRank Online Marketing

n this presentation, Lee walked us through the fundamentals of search engine optimization (SEO), which can generally be defined as “a set of methodologies that make it easier for search engines to find, index, categorize, and rank web content.” If you’re new to SEO, I’d highly recommend watching Lee’s presentation below where he spells out these basics with several examples along the way. Here are a couple of tidbits that really stood out to me:

  • Media usage: 48 million people receive a daily newspaper, 285 million people watch TV monthly, 14 billion core searches are performed monthly. When you’re looking where to spend your marketing dollars, don’t underestimate the visibility that good SEO can bring you. In fact, SEO is the most effective online marketing tactic for generating conversions. (See Forbes’ 2009 Ad Effectiveness Survey for details.)
    • Examples: J&O Fabrics, Smart-Kit.com, Will it Blend? – all used SEO techniques to increase visitors, traffic, and sales while reducing marketing costs. Some are now monetizing that traffic stream and collecting revenue coming and going.
  • Google uses over 500 different “signals” to analyze and return the most effective search results to its users.
  • Fun Fact: Google has a “Wonder Wheel” option (it’s on the left nav bar when you select “Show options…”)
  • SEO Fundamentals: use keywords effectively, create a search-friendly site, build links.
  • Changing your web design, content management system or website software can destroy your search visibility if you do not plan a migration.
  • Link building (well, really all SEO stuff, I think ) is something that you should plan on doing forever. You should always be looking in (reviewing stats, performance, etc.) and looking out (are there new keywords? new link sources?).

Here’s the presentation:

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Using Email Effectively and Making Sense of Analytics (IMU)

Inbound Marketing UniversityIMU wrapped up with presentations on old-school email marketing campaigns and web analytics and both speakers managed to provide meaningful suggestions, tips and tricks for small, medium, and large businesses (B-to-B and B-to-C).  Here’s a summary:

Successful Email Marketing (CV301), Professor: Eric Groves, Constant Contact

Since his company is one of the most well-known providers of email marketing campaign software, I wasn’t too surprised to hear Eric Groves’ overwhelmingly positive spin on this form of inbound marketing. Presentation bias aside, his passion for the topic really shone through when he was providing us with examples from his daily life – keeping a box of Constant Contact brochures/booklets in the trunk of his car to hand out to business owners who he discovered weren’t building/maintaining a customer list or hadn’t considered the potential of a intentional outreach campaign to those customers, totally believeable. In his talk, he focused on three steps to getting started with email marketing:

1. Making Connections

It’s hard to market to your customers if you don’t know who they are, so the first step is to build a high quality list. To ensure that you have the right people, make sure you’re collecting information at every customer touchpoint – if someone has referred a customer to you, is that referrer in your list? if you’re talking with one person at a company, then two, then three, are all three in your list? To ensure you have the right information about those people, make sure you’re asking good questions – are they interested in product A or B or both? are you targeting your message based on their response?

Two more tips:

  • Ask for permission as well as contact information.
  • Clearly describe the frequency and content of the emails your client will receive.

2. Informing Your Audience

Content is king! Eric described “email nirvana” as when a folder is created in someone’s inbox just for your communications (assuming that this means they’ve deemed your content important enough to keep. I personally use Gmail’s filters/labels to move these items out of my inbox because they’re less important. What do you think?) I do agree that a good test for the content is – would I forward this to my friends?

Know your objective so you can know which tool to use and how to measure success. Are you trying to inform your audience? Try a newsletter with good informational content (more text than pictures), links back to your website, and a soft call to action. Are you looking to sell? Send a promotional message (more images, less text) that highlights the offers and drives traffic back to your site. (Eric’s stat: 50% of what’s purchased through a promotional email isn’t specifically metioned in the promotional email.) Are you trying to build a relationship with your customers? Provide content that’s valuable to them and give them lots of ways to give feedback (comments, polls, forward this links).

Also:

  • Although you want the email to match your company’s brand, don’t overdo the header with a big logo. Many people won’t see the image (especially if images turned off or if using some mobile devices), instead use text with your company’s name and put the logo at the bottom.
  • 80% of response to email communication happens within first 48 hours, so know your readers and check your email stats – if you can see when folks read your emails, base your timing on that.
  • “From” should be the name most recognizable to customers.  (If they know you, use your name. If they know your business, use that name.)

3. Growing Your Business

This part of the presentation was a very general overview of bounced / undeliverable emails, open rates, and click-through rates. If you’re really interested, I’d recommend finding more resources on the topic.

One last gem, from the Q & A session:

Q – “What do you do with all of those business cards you collect at a tradeshow/convention/event? Should you just add them to your list?”

A – A better method (than just adding them to your list) would be to go to your last campaign, use the “forward to friend” link and create a personalized message to that contact (”Great meeting you at the tradeshow. Thought you might like this. Thanks.) This allows you to follow up on the initial contact, but lets the recipient decide whether or not to subscribe.


Analyzing Inbound Marketing (AZ401), Professor: Marshall Sponder, Monster.com, Web Analytics Association for Social Media

Ok, this might have been a pretty dry topic for many, but parts of it were very appealing to my inner stats geek. And, since this was the last presentation, I found it interesting to compare the various presentation styles I’d seen throughout the week – the marketing guy was the most entertaining, the community guy was the most engaging, and the analytics guy was the most low-key. Overall, this session seemed like a decent overview of the topic, but perhaps due to the content, it’s hard to do only an hour long presentation.

Key takeaways:

  • Google Analytics is fine for most people and accomplishes a lot; if you need something else/more, there are plenty of services, at all price points, covering most markets, to help you.
  • Use non-traditional sources to analyze your traffic data – dig into the referral logs and do some data-mining, use tools like Twitter Grader or Facebook Grader to find influencers in the community, use delicious.com to find and analyze keyword data.

And to wrap it all up…

I am so grateful to all of the organizers, speakers, sponsors, and participants at the inaugural Inbound Marketing University – what a great resource (at an unbeatable price!) I’ll be brushing up this weekend on the two courses I missed in preparation for the exam on Monday and I’ll be posting reviews of the previous sessions as I work my way through my notes. Now, here’s my list of IMU bookmarks and the slides to the classes above. Enjoy!

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