Monday, April 15, 2013

Social Media - A powerful tool in Marketers toolkit



      With more than 1 billion active monthly users on Facebook, more than 175 million tweets per day, more than 104 million visits per month to Pinterest, and more than 4 billion hours of video watched on YouTube each month, social media has changed the marketing landscape significantly[1]. Big brands can no longer choose to ignore this medium. When thinking about it as an outreach avenue to increase brand awareness, companies have a choice whether or not to use this medium. But one cannot forget that even though a brand chooses not to be active on social media, its users can choose to talk about the brand on social media. And so marketers can not afford to be absent from social media scene. Firms that do not monitor their brand image in social media avenues risk missing the opportunity to curb any negative publicity about their product before it goes viral.  In this blog, I will explore some successful social media campaigns and examine what strategies work and what do not.
       The first thing that comes to my mind when we talk about marketing success and social media is Nike’s MakeItCount campaign. To promote their Fuel band release, Nike’s filmmaker and editor posted a video of what “MakeItCount” means to them on YouTube instead of creating the agreed upon commercial. They showed themselves visiting 16 cities in 3 continents and travelling 34,000 miles. The video, which had an adventure/sports/travel theme to it showed quotes of famous world leaders from Abraham Lincoln to Mahatma Gandhi stressing the value of living one’s life to the fullest. This video was followed by their consistent social media campaign on both twitter and Instagram asking users to share what MakeItCount means to them. Millions of users posted their pictures, tweeted and promoted the hashtag. This campaign was wildly successful and it generated publicity for Nike’s product from user generated content.
      Now let’s examine this campaign closely and see what aspects can be leveraged by marketers in general. Nike’s core customer segment is active young people aged 19-25. Their positioning statement for the fuel band is “Do what you want to do to enjoy life to the fullest. Don’t be tied down by rules. Fuel band keeps track of your accomplishments”. They created content that resonates with that statement for that target. This is nothing new to marketers. It is Segmentation, Targeting, and Positioning from Marketing 101! Well, at least it confirms that Social Media Marketing still follows the basic marketing principles. Content that is irrelevant to the brand or casts a wide net and targets no one in particular is wasted marketing dollars- even in the world of social media.
      If you examine Nike’s campaign closely, they did not take each social media platform as a different venue and promote their brand in that silo. They had one theme, one position for their product and tailored the message to TV, Instagram and twitter. Their audience just chose the medium that they liked the best. Also, their strategy gave the consumer an opportunity to do something with Nike’s campaign, not just be a passive recipient of advertising.  This is Nike using the power of social media to its fullest. The key aspect of social media advertising that many new marketers forget is that it is a 2-way medium. Making a brilliant TV commercial and posting it on YouTube/Facebook and asking your core-consumers what they think of it does not quite cut it as social media strategy. The message has to be tailored to the medium. And notice how they did not ask everyone to share what they did with Nike products. They kept the conversation centered on activity, dreams in life, adventure, sports, travel etc. These topics do not feel like in-your-face advertising. Social media consumers don’t feel pushed to buy Nike products just by participating in that conversation. But the topic of conversation is closely linked to Nike in general and its fuel band in particular. And it generates awareness, well more than awareness; it makes the target audience associate their dreams with Nike’s product.
      Same is the story with two other wildly successful social media campaigns. A documentary called Bully was promoted on twitter (#BULLYmovie) by promoting awareness on bullying. Snicker’s “when you are hungry, you are not yourself” campaign on twitter appealed to their target’s sense of humor while positioning snickers as a hunger filling bar instead of just another candy. All of the above examples demonstrate offensive or growth/brand awareness oriented marketing tactics using social media.
      The other interesting side of social media is its use as a tool for implementing defensive strategies. In today’s highly connected world, it takes just a few hours for negative publicity about a brand to go viral. A few hours of shut eye while monitoring brand image on social media platforms can mean big losses for a brand. I think about the song “United breaks guitars” and am instantly reminded of the power of social media to destroy a brand image. This song on YouTube amassed 150,000 viewers in one day[2]. The day after the song was posed on YouTube, United Airlines’ spokesperson issued a statement regarding this incident. Such is the power of social media. Had united not had a watchful eye on social media platforms, they would not know until their brand suffered a bigger damage. The lesson learnt from United’s mishap is that every brand whose image is worth saving needs to have a full time employee staffed 24 hours a day 7 days a week monitoring social media activity.
      One might think that these strategies work on B2C companies and B2B companies are different. There is one aspect that makes B2C social media strategies relevant to B2B settings. Even when you sell to a business, there is a human on the other side making the actual purchase on behalf of his company. He is motivated by the same desire to connect, share and participate without being hassled into buying by a brand. The key tactic to employ while marketing a B2B brand on social media is to humanize the brand. People do business with people they like. Humanize your brand with humor and personality. Build a long-term relationship with customers and prospects. Embrace customer ideas and suggestions. Build a platform where people exchange ideas. The ultimate mantra in successfully using social media in B2B marketing is the same as that in B2C settings – Create a venue for people to connect and talk about what matters to them without being “sold to” and create a way to channel those conversations towards your brand position and you will have created a perfect social media platform.

Sources:




[1] http://www.imediaconnection.com/article_full.aspx?id=33265
[2] http://www.cbc.ca/news/arts/music/story/2009/07/08/united-breaks-guitars.html