Unscrupulous marketers – beware!

A ruling this week from the Supreme Court of Canada should have unscrupulous marketers on red alert.  Quebec resident Jean-Marc Richard sued Time Magazine for what he felt was a misleading contest to entice him to buy a subscription.  The judge ruled in his favour.  As The Globe and Mail reported:

“The court said that, when trial judges assess the honesty of a commercial campaign, they cannot adopt the perspective of a savvy consumer who has carefully read the small print. Rather, it said they must put themselves in the mind of a “credulous and inexperienced” consumer who scans the material in a cursory manner.”

We are big proponents of creating strategic content that is relevant to the customer or prospective buyer, rather than using gimmicks to trick someone into buying a product or service.  Now, with this ruling, the need for marketers to be honest and transparent when communicating with customers is even greater.  If you are creating content, ask yourself these questions:

  • Is this information what the reader is looking for?
  • Does this content help the prospect/customer?
  • Does the content give prospects or customers a good experience with our company/brand?

If you answered no to any of the above, you may want to re-assess your content marketing approach.  Great content delivers useful information to readers, which in turn creates trust in the company or brand that has created and deployed the content.

Image: Tim Green

Buyosphere – People Helping People Shop

Part of helping our clients navigate the new customer narrative means we need to be informed and up to date on digital customer behaviour. By extension, this means being familiar with the tools people are using to research their purchase, share information, and make a decision to buy or not buy a product or service.

I’d like to introduce a new feature you will start seeing regularly on our blog – where we share with you the tools, website and media that Sequentians are using at work and at play.   Consider it a more personal look at the digital space we live in.

Who: Buyosphere

What: A website self-described as “People Helping People Shop”.  Essentially, it’s a site where you can share your purchases or your “wishlists” with people you choose to connect with on Buyosphere.

Buyosphere

Where: I use it mostly on my desktop – there is a button you can drop into your toolbar so you can add products to Buyosphere easily.   There is currently no iPhone app which doesn’t feel like a hindrance to me since I normally don’t surf for products on my mobile.  But if you do, you will probably not like their mobile experience.

When: I started using Buyosphere months ago in another incarnation – they have since gone through a rebrand and some product updates which has made it easier to use.  I now see it as something I would use once or twice a week as I am surfing the web, perhaps more around the holiday shopping season.

Why: I use it in a couple of ways – mostly, to keep a wishlist of things I want to purchase.  I often browse the web for products that I am not ready to buy and this helps catalogue my finds using a very visual  interface.  It’s also a cool way to discover other products that people I follow have either purchased or wish to purchase.  For example, I found some holiday gift ideas for my extended family by seeing what other similar people have bookmarked in Buyosphere.

I do find parts of the UI a little clumsy, especially around editing product information, and I would not use it to send in my receipts and track purchase history, as they suggest. I also wonder if I will continue to use it in the long run as one more digital channel to manage or get social network fatigue.

The takeaway: Whether or not this is something that appeals to you, it is a great example of how buying behaviour is changing; it’s no longer about just typing something into Google and finding the top results, which nowadays can often be the most SEO-friendly sites and not necessarily the best sites for you.  It’s about seeing what people in your network are recommending, which has more influence than what a company says about their own products.

What do you think?  Would you use Buyosphere?  What social shopping sites do you use, if any?  And yes, if you feel like purchasing that Ned Pratt photograph for me, please go ahead!

 

Event: Social Media for B2B Technology Companies

If you work at a B2B tech company in the Greater Toronto Area, join us on November 21, 2011, from 8:00 a.m. to 9:30 a.m. for a discussion on how post-startup B2B tech companies can use the social sphere to help grow their business.

Hosted by Environics Communications, this invitation-only event is an open conversation among experts who operate in the trenches, sharing their stories and advice on what does and doesn’t work when it comes to social media engagement for more agile B2B technology-focused companies. Come join the conversation.

The Panel

  • Ryan Poissant – Senior Advisor, IT, Communications & Entertainment (ICE) Practice at MaRS
  • Rob Maurin – Community and Marketing Manager, Wave Accounting
  • Samantha Morris – Community Manager, Backup Heroes
  • Amrita Chandra – Vice President, Marketing, Sequentia Environics

The conversation will be moderated by Andrew Berthoff, Senior Vice President of the Technology Practice at Environics Communications.

Where it’s happening

MaRS Discovery District

101 College Street

Room CR-3

Toronto, ON M5G 1L7

How to let us know you’re coming

RSVP by October 28th, 2011 to Kyla Kryski KKryski@environicspr.com or call her at 416.969.2729


Sequentia profiled in Gartner report on Digital Marketing Service Providers

The marketing landscape has changed significantly over the last two years, with new communication platforms and customer information needs.  Gartner has published its first report on the landscape of digital marketing service providers who help organizations go to market in this environment.

Sequentia Environics is honoured to be one of only twelve agencies profiled in this report.  We are cited for our experience in building online relationships, distilling our experience building over 100 online communities into a planned engagement model and proprietary marketing intelligence software.

The full report is available for purchase at www.gartner.com (ID Number: G00214389)

reddit announces partnership with Sequentia Environics

July 21, 2011, TORONTO and NEW YORK – reddit and Sequentia Environics today announced a new partnership to develop branded communities for companies wanting to interact with reddit members for product feedback, market research and innovation.

“reddit members are known for being innovators and early adopters” said Erik Martin, General Manager of reddit. “We chose to partner with Sequentia Environics for their expertise in building and optimizing online communities, which companies can use to drive product innovation and market strategy through interactions with the reddit community.”

reddit’s partnership with Sequentia Environics delivers a turnkey community solution that brings together people who are highly influential and engaged online with companies and brands that are looking to innovate and deepen connections to their online audience.

“After building over 100 communities for companies across the globe, we’ve distilled the right strategy and support elements for successful community engagement,” explained Jen Evans, Founder and Chief Strategist of Sequentia Environics. “We are excited to partner with reddit to give their members opportunities to influence the leading companies in every industry, and give these companies a direct dialogue with the reddit community.”

Sequentia  recently conducted a digital ethnographic analysis of the cultural differences between reddit and Digg, discovering key elements central to a vibrant online community.  Download the research report (registration required).

About reddit

reddit (www.reddit.com) is the front page of the internet. With more than 1.2 billion page views and 18 million unique visitors each month, reddit users find, share, rate, and discuss content and opinion in real time from all over of the web. This passionate audience has grown to become the most influential community online and covers a huge variety of interests. reddit is part of Condé Nast.

About Sequentia Environics

Sequentia Environics (www.sequentiaenvironics.com) provides strategy and services to help companies generate better business results from their online initiatives. Using a combination of research, content, community and analytics, Sequentia helps its clients build sustained relationships that generate value for the company and its customers. Sequentia has developed digital communications strategies that generate revenue for a wide range of clients including Bell, The Globe and Mail, TAB Products Inc., Purina, and HP. Visit our website or follow us on Twitter.

 

Is TV easier to measure than social media?

I saw this Tweet today from Jay Baer which piqued my curiosity to read the full PR Week article where Kmart CMO Mark Snyder offered his perspective on measuring TV versus social.  Snyder is quoted as saying:

“social media is more about engagement, and it’s a little bit more difficult to
track the engagement point to the actual commerce.”

Mark is right that social media is about more than engagement.  We know that a lot happens before a person makes a purchase – everything from following someone on Twitter to subscribing to their newsletter.

To Jay’s point – is it really that people are not trying hard enough?  Should it even be hard to connect social activities to business results?  This is something we’ve thought long and hard about, and why we built our own social marketing measurement platform, Interpreter.  We believe the future of marketing lies in being able to measure the movements in an entire customer lifecycle.  More on this in future posts.

Sequentia Environics Announces Interpreter, a New Software Platform for Measuring Social Marketing Program Performance

Interpreter gives companies the ability to compare social media channels and content to measure return on investment and make smarter marketing decisions

July 18, 2011, TORONTO and SAN FRANCISCO – Sequentia Environics today announced the launch of Interpreter, new software that allows a company to measure, analyze, and compare the effectiveness of social media channels and content in deepening audience relationships and generating sales.

Companies including The Globe and Mail will use Interpreter to track and analyze:

  • How social channels and content impact acquisition, retention and ongoing customer relationships;
  • Conversion & engagement comparisons across Twitter, Facebook and LinkedIn, email campaigns and paid search;
  • Which combinations of content offers and channel promotions are driving key activities and business results among customers and prospects.

Using this data, companies can direct their marketing strategy, demonstrate ROI from their social media activities and make smarter use of their marketing budget.

“Social networks and community dynamics have fundamentally changed marketing to be much more complex, but at the same time much more measurable,” said Jen Evans, Founder and Chief Strategist at Sequentia Environics. “Interpreter came out of demand from our existing clients to connect their online activity to real business results – we measure what matters.”

Interpreter is an enterprise web-based SaaS platform and is available in three versions, based on usage and consulting support.  Sequentia is using Interpreter as part of its measurement framework for existing clients, with general availability scheduled for September 2011.

About Sequentia Environics

Sequentia Environics (www.sequentiaenvironics.com) provides strategy and services to help companies generate better business results from their online initiatives. Using a combination of research, content, community and analytics, Sequentia helps its clients build sustained relationships that generate value for the company and its customers. Sequentia has developed digital communications strategies that generate revenue for a wide range of clients including Bell, The Globe and Mail, TAB Products Inc., Purina, and HP. Visit our website or follow us on Twitter.

 

Measuring What Matters

The upside of working in marketing today is the availability of data – just about everything someone does on the web today is trackable and therefore, measurable.  In my recent years as a corporate marketer, I would produce weekly reports on everything from website visits to new pipeline opportunities – an exercise that took more time than I would have liked, but gave me something tangible to evaluate our performance.

The biggest challenge I had was filtering through what was important and how to relate the data back to my marketing strategy and marketing program mix.

It turns out I’m not alone.  Unica recently surveyed over 300 marketers and found that 57% of them were facing “analysis paralysis”, struggling to turn data into action.  And Augie Ray, Executive Director of Community and Collaboration at USAA, said it best in his recent blog post: “In the years to come, we will be awash in ever greater quantities of data and analysis, and it will be increasingly vital that we focus on what is truly important or else we’ll lose sight of what matters.”

We have a measurement framework and proprietary software at Sequentia that we use to help clients  make better decisions on their digital marketing initiatives.

5 key metrics to measure social and content marketing performance:

  • Content popularity: What content is generating the most interest? Where does interest convert to subscriptions, memberships or sales?
  • Customer digital paths: How many interactions does it take before someone subscribes to an email list or follows on Twitter? What content brought about the action?
  • Return on Investment: How is social media is contributing the sales funnel and to stronger digital relationships: are you creating a meaningful network of followers and fans? Or a lot of talk and not so much action?
  • Content performance: Compare content performance by asset & theme.  See how long your content really has legs – is it ten minutes? A week? A month? Years? Are there certain topics or themes that resonate more with your audience?
  • Channel performance comparison: if I put the same call to action on Twitter, Facebook and in the community, which performs best? What generates the most subscribers/conversions/community members?

What are you currently measuring in your role?  What measurement challenges do you face?  Let us know in the comments and stay tuned for future blog posts on measurement.

Image credit: aMichiganMom