Archive for December, 2008

Spit on Rumors about Your Biz with Social Media

23andMe.com Step 2Spitting is gross, or so my mom always told me. Just a few hours ago, I posted on Twitter about a company called 23andMe.com. For a fee, this company will send you a test tube to spit in. After you send it back, you can log in to their site and “start exploring your genome.” Crazy, I know, but what’s crazier is a representative from 23andMe.com found my “blurp” (excuse me…blurb) and sent me a message within just an hour or so of my original post.

That’s why with today’s social media mayhem, simply sending out a customer survey isn’t going to cut it. There are tons of Twitter (search.twitter.com), blog , and other social network monitoring tools out there. So it is easy to find out  what people are saying about your business by monitoring all the social media customers are conversing through. Too often businesses are afraid to listen to what their customers have to say. Don’t let rumors, complaints, and other nasty mentionings ruin you behind your back. Meet them head on! Find out why a customer is dissatisified and correct the problem. There’s nothing like a satisified customer to promote your business.

At the same time, monitoring your social media presence can also help boost employee moral. Eat up all the good stuff people are saying about your company. Nothing gets the staff more revved that good customer feedback. So don’t just spit on the idea of monitoring what people are saying about your business and products online.

The friendly folks here at Strategic Insights can help you manage that social media presence…for a small fee.

by Josh Gibbs, New Media Development

Viral Marketing – it’s contagious!

Let’s say you have a new product. Something big. Earth-shaking big. This is something that will turn the world on it’s ear. You need to get the word out and create some buzz, some interest, some real awareness. You craft and hone a message to the masses, extolling the virtues and benefits of your whiz-bang creation, sprinkle in promises of enhanced lifestyles and reduced credit card debt. Tout shrinking waistlines and restored hairlines! World peace and fat-free cookies that don’t taste like wet cardboard! Tingling with anticipation of the floodgates that will surely open wide, you broadcast your triumphant message to the world!

And nobody listens.

Part of the problem lies with an overstimulated society full of artificially inflated expectations and dismayingly short attention spans. We’re overloaded! Taking into account TV and radio ads, online advertising in all its facets, billboards, bumper stickers, ads in movie theaters and on public transportation (and this just scratches the surface!), the general public is exposed to thousands of advertising messages each and every day. After awhile, it all just becomes so much white noise.

Bill Cokas, our Creative Director at Strategic Insights, has a saying I’ve always liked – “You can’t bore people into buying your product.”  Even a great product with obvious benefits needs a way to capture and sustain the attention of a largely apathetic audience. Sometimes even a compelling message isn’t enough if you can’t get your audience to listen. You need a way to cut through the white noise and single your product out.

Enter Viral Marketing.

Viral Marketing techniques use existing social networks to increase brand awareness, to generate buzz or interest, and essentially build a self-perpetuating audience for your message with the ultimate goal of increasing sales.  Viral marketing often includes a component of elitism – being “in the know” or part of a select group, with all the privileges and bragging rights that accompany membership.

Ralphie Parker in A Christmas StoryA classic example of the Viral Marketing process can be seen in (arguably) one of the greatest holiday movies of all time – A Christmas Story.  Young Ralphie Parker, the film’s main character, listens religiously to the Little Orphan Annie radio program (social network of that era) and is desperate to become part of her Secret Circle (elitist group) and receive his long-awaited decoder pin, which he can then use to decrypt coded messages (vehicle of generating buzz) which are broadcast at the conclusion of each episode.  The pin finally arrives and, filled with nervous anticipation, he is able to at last decode the cryptic communication from Annie, which he then reads with breathless excitement: “Always drink your Ovaltine.”  Viral Marketing at it’s finest.  Of course, 10 year-old Ralphie’s response is less than enthusiastic and generates one of my favorite lines from the film: “A crummy commercial? Son of a bitch!”  

Of course, techniques have been upgraded as technology has improved.  Recent endeavors into viral marketing can be quite complex involving long-running campaigns that work across multiple media channels and take advantage of social trends and opinions.  For example, the band Nine Inch Nails embarked on a Viral Marketing adventure in 2007 when preparing for release of their album, The Year Zero.  The campaign started with a tour t-shirt that contained a hidden web URL.  The website at that URL contained information about a fictitious drug called Parepin and an associated government conspiracy.  Thus began a long trial of hidden clues which attracted a growing throng of followers to this ARG (Alternate Reality Game – a particular form of viral marketing). Fake websites, “leaked” info on usb flash drives found around the world, tour buttons with hidden messages and a hotline phone number combined to an exciting virtual (and viral) adventure.  Along the trail, followers were treated to free music tracks from the then upcoming album as well as experiencing the thrill of the race to discover and decrypt clues.

Another ARG example I got sucked into this past year was the Secret Device.  The flash-based website featured an other-worldly mechanical object with a combination lock.  Participants were challenged to find meaning in this puzzle and follow a series of successive clues that would allow them to unlock the combinations and proceed from one step to the next.  After each combination was found, additional clues were revealed along with an unfolding story line about a mysterious organization and mythical creatures.   Online groups of participants popped up by the dozens, each having hundreds or thousands of followers.  Players in these groups collaboratively scoured the web for combinations and were directed by the interconnected clues to news stories, photos, emails, online videos and forums.  Online social networks like Facebook, MySpace, Twitter and YouTube were all heavily utilized.  The months-long game was a wild ride, and competition was fast and furious to solve the next piece of the puzzle.  Small rewards were doled out throughout the course of the game with the promise of more to come. 

With almost zero dollars spent on traditional advertising vehicles, the Secret Device captured a rapt and attentive audience eagerly awaiting the final resolution of the game.  It clearly demonstrated how a viral campaign is able to create a huge buzz, a self-perpetuating sense of interest and brand awareness.

When the last clue was deciphered and the last puzzle was cracked, devoted participants of the Secret Device were finally treated to the prize – the great and secret end result to all their months of hard work:  A video trailer for the upcoming movie Hellboy II – The Golden Army.  In other words, a crummy commercial.

Son of a bitch.

Chris Griffin
Assoc Creative Director
Strategic Insights

Happy Holidays from Strategic Insights

John, Jenn, Dave, Dan, Bill, and Chris waving
Tess, Josh, Sara, Reid, Susan, Dana, Sami, and Marie wavingHappy Holidays From Strategic Insights
Quiet office ‘Twas the month of December,
and all through SI;
No one was working,
their brains were all fried.
Susan working at her desk

The invoices were stacked
on Susan’s desk with care;
In hopes a reward
for hard work would be theirs.

Jenn, Chris, Dave, Josh and Bill on their laptops The creatives were hunched
down over their stations;
While visions from YouTube
shone onto their faces.
Reid conducting a meeting, Marie talking on the phone And Reid still in meetings,
Marie on the phone;
Winning more business
for SI to own.
bulbs with starbursts When out in the lobby
there arose such a clatter;
The Bulbheads all raced
to see what was the matter.
Client asking for work A client was there,
needing work in a flash;
"A new idea is needed,"
he exclaimed with a gasp.
Chris sketching, Bill writing To the rescue they leapt,
each bringing their skill;
Chris dashed to his sketch pad
and Bill to his quill.
Reid cheering through megaphone Quicker than lightning,
the ideas they came;
Reid cheered and encouraged
and called them by name.
John and Dave
Josh, Jenn, and Sara
"Now John, now Dave!
Now Josh, Jenn and Sara!
On Sami! On Tess!
On Dan and Dana!
Sami and Tess
Dan and Dana
Put your thinking caps on,
but be aware:
Idea-making can be risky
so be careful out there!"
John, Dana, Bill, Tess, Josh, and Jenn thinking The team pulled together,
There’s no time for rest;
When your goal is always
to achieve your best.
Sara, Marie, Dave, Chris, Dan, and Sami cheering When what to their tired
mind’s eyes did appear:
A solution so slick,
it gave rise to a cheer.
wreath with glowing bulb in center They grinned to each other
as they packed up for the night;
Happy Holidays to all
from Strategic Insights.
snow
Strategic Insights / 900 Ridgefield Dr., Ste 140 / Raleigh, NC 27609 / 919.790.3500 / www.strategicinsights.net

Free Shipping for Online Holiday Purchases

December 18 is Free Shipping Day

December 18 is Free Shipping Day

Thursday, December 18 has officially been deemed Free Shipping Day. Retailers from Apple to Toys R Us are offering online shoppers free shipping by Christmas Eve on all purchases. What’s the catch? You have to order today.

From what I can tell, there are no restrictions as to what types of businesses can join in on this Holiday camaraderie. Small retailers could really benefit from this type of promotion and get an otherwise unattainable national reach. Better yet, retailers with a regional focus could band together and create like-minded promotions for their geographic areas.

For example, restaraunt owners around the Raleigh-Durham area could band together and create an offer for local customers to purchase a frequent buyer’s card good for any of the participating vendors. This is better than having individual cards for restaraunts because there is a larger pool of marketing funds to pull from, reducing the cost of getting the promotion in front of potential customers. Participating restaraunts also benefit from sharing customers instead of competing.

Promotions like this are becoming particularly prevelant as our economy takes a turn for the worse. Businesses are focusing less on how to combat the competition and more on shuffling to keep sales up. It’s times like these that people band together, but now even businesses are helping each other just to stay afloat. I expect that in the coming months we will be seeing a lot more co-branded promotions from large companies. The question is, will smaller businesses jump on the bandwagon?

by Josh Gibbs, New Media Development

Strategic Insights Praised in the Triangle and Denver

On Friday Strategic Insights had the pleasure of being mentioned in not just one, but two online publications. The Triangle Business Journal and the Denver Business Journal both praised Strategic Insights for our innovative solution to Cisco’s partner channel marketing needs. Our sister company, SharedVue, was born from this solution, and is now available to any company in need of consistent, syndicated content across numerous channels.

Unfortunately, neither mention came with a flashy, shiny award to add to our lobby’s collection, but that doesn’t mean it isn’t just lost in the holiday mail.

To read the article in the Triangle Business Journal, click here.

To read the article in the Denver Business Journal, click here.

Home Improvement for the Holidays

Can it be possible the poor economic outlook and the overwhelming trend toward personal budget tightening will accomplish what I thought nigh impossible – what my wife and I have battled with year in, year out for the past decade?  Will this be triumphant holiday season when my in-laws finally acknowledge that we don’t need the towering mountain of well-intentioned but largely useless heap of Christmas presents they drop-ship to our family each year?  Will we finally escape the endless parade of awkward and begrudging  “thank-you”s and the purposefully intense “you REALLY shouldn’t have”s after each unwanted gift?

By God, I think we might.

This is the year that we convinced our in-laws that instead of the usual cavalcade of gifts, a single gift of a Home Depot gift card for various home repair and improvement projects would be most appreciated.

Further, I’ll take this opportunity to claim the title of trend-setter in this regard, as many of our friends and acquaintances have rallied around this pragmatic approach to the impending holiday.  In an informal poll of friends and acquaintances, we have found that a majority of them are forgoing large gift purchases for each other and instead  favoring home improvement items.  Rather than extravagant and excessive electronics or ostentatious ornamentation, the couples we know are electing instead to give each other the gift of new carpeting.  Or a replacement set of tires.  Or a much-needed furnace repair.  

The latest HD TVs or Blu-Ray disc players are being passed up in favor of more practical car repairs and vacuum cleaners.  This year, it seems (at least to those near and dear to me) that I WANT is taking a back seat to I NEED.

And advertisers seem to know it.

As Marie mentions in her Cyber Monday post, retailers are coming across as desperate.  Further, according this article about 2008 Holiday Spending, the latest Gallup polls report that 46% of American consumers say they will be spending less this year and the projected per-person holiday spending budget is a mere $616 – down $250 from previous years and the lowest figure in the 10 year history of tracking this measurement.

So in the face of a trend toward practical purchases and reduced overall spending, retailers may find themselves competing against each other for a small piece of an even smaller pie.  Will that mean outlandish offers and deep discounts?  Or a stick-to-our-guns attitude and a substantially reduced bottom line?  A mere two weeks will tell the tale.

In the meantime, in lieu of romantic gifts for each other, my wife and I will be shopping for a new mattress to replace our worn bed, while visions of a buyers’ market dance in our heads.

Chris Griffin
Assoc Creative Director
Strategic Insights

10 Tips for Writing a Successful Blog [Series 2:2]

This post is the second of a two part series on how to successfully manage a blog for your business. It is important to understand that your customers, whether you like it or not, are posting things about your company on the internet. If they can’t find a post that already exists, they will create one. So creating your own blog about your company can provide a means of monitoring what people are saying about your products online and facilitate proper communication about any misconceptions or complaints that may otherwise get out of hand. Hopefully, the tips below, in conjunction with the previous post, will help you successfully manage your corporate blog.

Recap:

  1. Update regularly with relevant content
  2. Make it easy for people to subscribe
  3. Allow and monitor comments

Make it Interesting

This one seems like common sense, but it is often the most overlooked. No one cares about your company’s new 12-way slicer and dicer’s warranty. Instead, give them a real world implication of when you wish you had paid for a product warranty. Appeal to them on a personal level. The best way to build a blog’s subscription base is to intrigue readers. If they think the blog will produce content that they will want to know about at some point in the future, they will subscribe. The information on your blog should cause people feel like their lives or businesses will be enhanced in some way. Additionally, it is also important to engage the audience in some way. Ask them to share their point of view in the comments or talk to a colleague/friend about the topic. Sometimes a contest or special offer can also stimulate subscription and retention. And it never hurts to have a relevant picture with your post (even though this one doesn’t).

Join a Network

Joining a network such as Feedburner not only promotes your site, it also allows you to track the number of daily visitors, subscribers (email and RSS), etc. Monitoring this content will allow you to better understand who is looking at your blog and how to improve your subject matter and aesthetics. It is also good practice to redirect to the network version of your site, thus allowing all visitors to view your content from the same place. This helps to avoid fragmentation of analytics. However, make sure that you keep your branding in mind as you link to networks.

Reference Your Best Content

When people first visit a blog, they probably aren’t looking at the most recent post. Instead, they are probably looking at a past post that popped up in a search. The following tactics are some ways to show potential subscribers your blog’s  quality and what kind of content they cant expect in the future:

  1. Sneeze Pages – Create a page that directs readers into your archives based on themes, number of comments, or a specific period of time. This can enhance a blog’s credibility by showing depth and variety.
  2. “Best Of” Section – A sidebar with your best content can immediately drive viewers to the content you think will impress them enough to subscribe.
  3. Landing Pages – Be sure to have a page devoted to giving an overview of the content on your blog. It is also possible to scan for new visitors using plug-ins like Landing Sites.
  4. Interlink Posts – Linking to archived content in more recent posts can help subscribers find the information they want more easily. In addition, this can show readers that you thoroughly cover any given topic, thus building your blog’s credibility.

Pay Attention to Hot Posts

Be sure to pay special attention to hot topic posts on your blog. Since these pages receive a lot of hits, it is likely the people viewing this content are looking for more of the same thing. Thus, placing a link with, “Subscribe to get more information like this,” or “Like this page? Get more now,” can greatly increase the number of subscribers to your blog.

Monitor Your Blog’s Analytics

If you are part of a network such as Feedburner, use your admin tools to monitor your blog’s analytics. You may discover some interesting data, such as the method people use to subscribe to your site. For example, if I see that a majority of the people that view my blog use Google Reader, I might add value to my blog by having advertisers place ads both directly on my blog and through my Feedburner RSS network. This is good for the advertiser because they guarantee a greater reach and, in some cases, increase frequency in the process. It is good for you because you make money. Can’t complain about that.

Conclusion

So there you have it. With a little work, and some luck, you can have a successful blog that not only informs current and potential customers about your business, you will also have some insight into the needs and wants of your audience. However, it is important to continuously evaluate, monitor, and manage your blog in order to stay on top of search engine lists. Having this insight can help you make your business into what you need in order to compete in a competitive and increasingly complex market.

What are some of your practices for managing a corporate blog?

10 Tips for Writing a Successful Blog [Series 1:2]

Blogs serve as one of the best ways to communicate with people via the Web today, but a lot of corporate blog start-ups begin posting with little or no idea what to write about. They shamelessly promote their own products and services to a point of putting off potential readers and hurting brand image. While it is true people go to blogs to find credible information on products and services from opinion leaders, it is important to remember the overall purpose of a blog is to establish credibility and two-way communication with the target audience about a given topic.

This post is the first in a series to help you successfully manage a blog for your company. In order to do this, it is necessary to understand the top five reasons blogs fail:

  1. Not enough comments left by visitors
  2. Not enough subscribers
  3. No increase in traffic to the main website
  4. Difficulty coming up with fresh content for each post
  5. No tact in promoting products and services via the blog

From a corporate standpoint, blogs are an affordable way to promote your business and encourage repeat customers, as well as generate some additional revenue. A corporate blog can:

  1. Allow you to create a personal voice for your business other than traditional PR;
  2. Help to acquire prospective customers and to build additional loyalty from current ones;
  3. Provide a platform to be an industry expert.

This is just the first installment of tips and tricks to managing and upkeeping a successful blog for your business.

Update Regularly with Relevant Content
While it is important to keep content new and fresh, it is equally important to never create unnecessary posts that overload subscribers. Each post should stay relevant and not be created for the purpose of “out blogging” the competition. The best way to keep content relevant and emerge as an expert is to write about current industry events and trends. It is also important to not load each post with shameless promotions about your product or service. In fact, you may not want to mention your product at all. The purpose of a blog is to build subscribers and create a personal interface for current and potential customers to communicate with you. However, it is possible to slowly implement promotional efforts after a loyal subscriber base has been established.

Make Subscription Opportunities Prevalent
When writing a blog, it is important to make it as easy as possible for people to subscribe in every way possible. The best way to do this is by adding buttons for multiple RSS readers as well as the option to subscribe to updates via email. It is also important to make these buttons easily accessible. Do not place them at the bottom of the page. If someone doesn’t read all the way through your content,  he’ll never have the opportunity to subscribe. Find out what location is best suited for your individual blog. Also, using an image to promote your feed (icon, button, etc.) is a little more eye catching and can lead to more subscriptions.

Allow Comments
Don’t be afraid! Allowing readers to make comments on individual posts can help you to better understand your audience. Also, giving audience members the ability to communicate with you, as well as each other, can increase viewer sentiment, thus increasing buzz on and about your blog. Viewing comments on your blog posts can help you discover how and why visitors are becoming subscribers. This information can help you properly cater to these people.

Check back next week for the second installment in the series. For now, check out the Strategic Insights philosophy on podcast advertising.

Cyber Monday?

Over the last several weeks, emails from various retailers have flooded my personal inbox, often multiple from one retailer in a given day. “Sale!”, “Special Gift with Purchase!”, “Additional Markdown!” This inundation comes as no surprise since October-December historically proves busiest for the retail industry. Especially given the nation’s current economic conditions, I understand a retailer’s sense of urgency to generate sales. Not yet ready to accept the fact the holidays (and thus, spending season, a.k.a., personal budget crisis!) quickly approach, in most cases I ignore the retailer’s message and hit “delete.” However, just prior to Thanksgiving, a few began to catch my eye. “Cyber Monday” appeared in subject lines and headlines. Every retailer email seems to reference this term, as if it’s a proper noun.

I consider myself to be a fairly savvy shopper. One of three daughters, our mother taught us the skills of professional shopping (just ask our father). When someone says, “Black Friday,” we know what they’re talking about. We’re not part of the crowd fighting for Tickle-Me-Elmo at 4am, but we get out there the Friday after Thanksgiving armed and ready; after all, we couldn’t bear to miss out on a possible bargain! But “Cyber Monday?” Is it an elusive virtual store, existing for one day only, offering exclusive deals to the select few who find it? What is this and why haven’t I heard about it?

Feeling very much out of the loop, I decided to save these new emails for further research later (well, maybe for some shopping too), after my family finished the weekend gorging on turkey and ham. By work this morning I’d received many more emails also referencing “Cyber Monday.” Intrigued, I decided it was time to get down to the bottom of it.

Wikipedia defines Cyber Monday as, “the Monday immediately following Black Friday, the ceremonial kick-off of the holiday online shopping season in the United States between Thanksgiving Day and Christmas.” The thinking is shoppers who’ve spent all weekend in physical stores return to work on Monday and flock to the Internet to continue their shopping. Ok now it’s making sense. Wikipedia goes on to attribute the creation of Cyber Monday to Shop.org, a division of the National Retail Federation. Research from 2004 data showed 77% of online retailers saw a “significant increase in sales” the Monday after Thanksgiving. However, Shop.org surveyed its members in 2005 and the results showed December 12th (two weeks after Cyber Monday) as the busiest online shopping day. So why does Cyber Monday fall this early in the holiday shopping season if the busiest day is not until later?

Retailers use promotion, one of the four “P’s” in the Marketing Mix (others are Product, Price and Place), to keep a product in the mind of the consumer, thus driving demand and leading to increased sales. Promotional offers give the consumer a special deal, whether a true price break or some form of added value, and give the retailer another excuse to get in front of the consumer. Hence, the email inundation. Not only does Cyber Monday provide retailers a theme upon which to base these promotional offers, but the name itself creates a certain sense of urgency, enticing consumers to act now. “For One Day Only!”, “You Can’t Afford to Wait!”, “Don’t Let This Offer Pass You By!”, etc., which then leads to “Offer Extended!”, “Time Is Running Out!”, etc.

This year the retailers come across as particularly desperate; some offers I’ve seen seem off the wall or worse, don’t even make sense. Barnes & Noble offering a free picture frame with purchase? Dicks Sporting Goods offering specials during late night shopping hours? I’ve come to expect JCrew’s daily email touting their latest offer. Many of these deals we wouldn’t usually see until after the holidays. A new homeowner, I think I decorated my house for nearly half the price of what I would have spent last year (although that thought scares me), since most holiday decorations are already marked down to 50% off. Even high-end retailers such as Neiman Marcus are jumping in; one recent NM email offered free gift wrapping and free shipping at any price. I’m not an NM shopper (reference aforementioned personal budget crisis), but you can rest assured their free shipping offer meant a lot to some people. To top it off, the shipping offer is limitless! In other words, NM is willing to accept potentially high shipping costs just so you’ll buy…anything! Other than the fact that nobody has any money, I guess it’s a “buyer’s market?”

What’s your Cyber Monday story?

By Marie Duncan, Account Executive
Strategic Insights