Posts Tagged ‘adage’

The New Social Marketing Tool That’ll Get Your Pulse Racing

Thursday, December 13th, 2012

You know that social media conversations don’t exist in a vacuum, so don’t get sucked into believing that you can measure social media’s influence by just measuring the web. You have to look at its influence on the real world, specifically, in how it drives in-store behavior.

That’s why we invented Pulse, our new real-time data and insights dashboard, to give you both sides of the story. Pulse integrates quantitative data from product sales with qualitative data from product opinions and insights in a single dashboard. It’s updated in real-time so you can see what people say to each other and what they actually do in the store. It really is a Pulse on your brand’s health.

There’s nothing like it in the industry. Not only can you analyze every status update, blog post, tweet, photo, video, conversation and recommendation shared by your advocates, but you can evaluate all that based on different customer segments and levels of price sensitivity. And you can view actual store transaction data to view weekly sales trends and the level of repeat purchases by shoppers.

Here’s a few examples of what you can do:

  • Compare sales each week for a variety of customer profile groups
  • Track trial and repeat purchase levels, and the consumer opinions driving them
  • See what “family focused” shoppers are saying about you compared to “shoppers on the go”
  • Evaluate the conversations influencing price sensitive people compared to those who “splurge and save”
  • Learn what types of customers buy each variation of your product compared to competitors
  • Monitor the reviews, ratings, conversation topics and social dialogues from the customers most important to you

It’s easy to see how this can help during the critical early stages of a product launch, but the insights gained here can help a marketer in many more ways. In today’s AdAge article “Dunnhumby Launches BzzAgent Dashboard — With Some Help from Unilever”, Jack Neff wrote about the importance of leveraging shopper data and analytics throughout the organization. He spoke with Oli Bradley at Unilever, who explained how Pulse has benefited a variety of functional areas in the company including sales, brand marketing, market research and research and development.

“It’s not just for people in e-commerce or in brand,” he said. “R&D needs access so they can read firsthand what shoppers think about the taste of some of our products or fragrances or consistency, the kind of in-use characteristics they need to fix or improve on.”

“The tool is brilliant,” said Oliver Bradley, eCommerce innovation and shopper insights manager for Unilever, who’s spent the past six months with Dunnhumby working on refining Pulse. “I’ve seen a lot of dashboards in my time. I think BzzAgent Pulse is the best.”

As dunnhumby says, “Understanding data is one thing. Knowing what to do with it is another.” We couldn’t agree more. Let us help you take the guesswork out of social marketing strategy.

[Ad Age] It’s New Media, But You Can Measure ROI Using Old Tools

Thursday, March 8th, 2012

This is a cross-post of an article originally published here on AdAge.com

What would happen if you submitted a marketing plan without a bullet-proof measurement strategy? You’d see a suddenly surly CFO fire it back to you in a body bag. He or she wants to see evidence that you’re making a sound investment for the business. A CFO won’t make decisions without reliable metrics based on time-tested performance indicators.

So why do so many sane, rational marketers think they’ll get a pass when it comes to social media?

Since social media first stormed into town and changed the rules of marketing, some of the savviest marketers have believed that they needed to change the rules of measurement to quantify its impact on business. On the surface, it makes some sense. “Social” was a new conversational media that marketers couldn’t control. Peers, not marketers, were a primary influence on brand perceptions and purchase decisions. A brand could create positive buzz by doing something outrageous online or by pushing out viral videos and hope they took off like the next subservient chicken. How do you apply traditional measurement metrics to that?

Marketers said it was the “engagement era” and traditional marketing measurements practices were no longer sufficient. New measurements were needed and it wasn’t long before metrics on conversations, engagement, influence, fans, followers and “likes” were the ROI justifications on every marketer’s media plan.

Social marketing has come a long way since then. Brands are effectively cultivating communities, engaging with advocates and developing shareable experiences to influence product sales. Social is a serious marketing focus — it requires investment in resources and partners to do the job.

The problem is that CFOs aren’t impressed with engagement. Likes, and the like, represent value, but not ROI. ROI is a financial metric and it must be stated in dollars and cents. There’s no column on the balance sheet for likes. Likes are the new click-through rates –- an abstract statistic that really makes sense only to the resident digital-media guru.

Engagement is a wonderful thing and it should be measured, but for marketers it’s simply a means to an end. Marketers using social media to promote a product need to track how their efforts are driving people into the store to buy it. What gets measured gets funded. If you think social is driving sales for your business, you’d better start measuring it in a way that CFOs care about so you can do more of it.

Correlating social to sales and revenue isn’t easy. Neither are radio and TV, but they are evaluated every day by the most sophisticated brands in the world using measurement practices that have been proven over decades. Two of these practices, Matched Panel Tests and Market Mix Modeling are perfect for determining the sales and ROI of social for consumer products sold at retail.

The Matched Panel Test concept is simple. Two similar U.S. markets are selected and people living in one of the markets are exposed to a social-media program. A measurement firm like SymphonyIRI measures sales of the product in the market and removes the influencing variables to isolate the sales lift caused by the social marketing. This type of test can be applied to many different types of social-media programs, provided the marketer has some geographic control over where the program will run.

Some emerging practices incorporate retailer loyalty cards into Matched Panel Tests and analyze purchases right down to the individual household level. This can give you a precise view of ROI, as well as a wealth of insights on who buys your products, what else they bought at the same time and if they’ve returned to buy it again.

Another time-tested method is Market Mix Modeling, considered by some to be the gold standard in media measurement. It’s usually conducted annually by firms like Nielsen to determine the financial impact each marketing activity has on sales. With the right level of data granularity, social marketing can be picked up in the model for an apples-to-apples comparison alongside every other marketing tactic.

Based on BzzAgent’s experience using these practices over several years for some of the biggest CPG companies, we’ve seen that social marketing is highly cost effective. On average, it generates a return of $1.50 for every dollar spent. In some cases, the ROI from social marketing has been the most effective component of a brand’s media mix.

With these practices, your social-measurement strategy can be exceptional, not an exception to the rule. Trusted measurement companies such as Nielsen, SymphonyIRI, dunnhumby (BzzAgent’s parent) and others are applying the same sophisticated analysis to social that is being used on all other media investments. Not only does this prove you can measure the business impact of social marketing in financial terms, it proves that when it’s done right, social can be a very profitable sales channel. And that’s something that will make even the most hardened CFO smile.

[AdAge] Five Tips for Driving Word-of-Mouth – No Matter What Your Product Is

Monday, November 28th, 2011

This is a cross-post of an article appearing here in AdAdge’s CMO Strategy column today.


It’s what every marketer wants—boatloads of customers talking about its products, posting detailed reviews online and tweeting about its brand far and wide. And for good reason: Authentic recommendations from a friend or “someone like me” are far more influential than anything a marketer can buy. In a world dominated by social networks, consumer buzz can make a brand stand out amidst the noise and reap real-world profits.

But is there a formula to making a product conversation-worthy? And more importantly, is there a way to keep that conversation going over time?

Wharton School of Business marketing professor Jonah Berger and doctoral student Eric Schwartz took on this challenge with their recent study, “What Drives Immediate and Ongoing Word of Mouth.” The study examines the psychological drivers of word-of-mouth for products, based on data from hundreds of BzzAgent social-marketing campaigns. They explore why people talk about products, how product discussions differ online vs. offline and the actions companies can take to generate more product buzz. Here’s what they found.

Products Don’t Have to Be Interesting

Conventional wisdom holds that consumers will only talk about cool, new products they find interesting, and talk about them in a way that will be beneficial to their social currency. Berger and Schwartz characterize this as online behavior—in digital settings, consumers are more aware of being watched by peers and, therefore, are motivated to post about brands that will be well-received by others. They call this “motivated transmission.” (Klout score, anyone?) And yes, the study has a methodology for identifying “interesting” products.

They claim behavior in face-to-face settings is different: It’s less about motivated transmission and more about what products are top-of-mind at a given point in time. Interesting products may generate immediate discussion as novelty items, but that fades fast. Simply being interesting doesn’t give a product conversation staying power.

The good news for marketers is that the magic of word-of-mouth isn’t limited to certain product categories. Under the right circumstances, common products can generate far more consumer discussion.

It’s All About Accessibility

The study finds that the biggest driver of discussion is the accessibility of a product. People naturally talk about what they see and what’s top-of-mind. The drink in your hand, the package on the table and the makeup on your face may not be as interesting as a shiny new tech device, but they are discussed far more frequently.

Woody Allen was on to something when he said 80% of success is just showing up. The challenge for marketers is to get their products where they can be seen in a natural conversational context or to create visual cues that stimulate discussions.

Connect With Consumers Through Samples

People can’t say much about your product if they haven’t used it. The study found that product samples generated the greatest increase in discussion. Not because consumers felt a need for reciprocity, but because they must have first-hand experience with the product to understand what it can do.

It takes more than a simple handout at the train station or a trial-size tube in an envelope. You have to connect with people and make the brand come alive with ideas for activities and suggestions for using the product in more creative ways. In its latest shopper-marketing report, the Grocery Marketing Association referred to this as winning both hearts and carts. Coupons and rebates may lead to a product experience, but they are focused on the cart and are a complement, not a substitute, for a sample.

Your Marketing Can Provide Valuable Cues

Through various cues and triggers, marketers can make products more accessible. Branded items such as stickers, hats and T-shirts expose brand messages in natural conversation. While not critical to a social-marketing campaign, they can help. The study associated using branded giveaways in campaigns with a 15% increase in word-of-mouth.

Marketers can also create links that associate common things with their product, especially if the stimuli or usage situation is one that people do not already connect to the brand. Two examples cited in the study are the cues that ducks provide for Aflac, and the cues that the orange color of Halloween provides for Reese’s candy. The report also cites a BzzAgent program for Boston Market that helped create a new association for the brand. The restaurant chain, usually associated for many people with lunch, worked with BzzAgent to target specific customer profiles with dinner-related messaging and offers that boosted word-of-mouth by 20%. Countering consumer expectations can be a powerful tool for getting consumers to talk about a brand.

Buzz Can Be for Everyone

Consumer discussion about products isn’t a matter of chance. It happens every day to almost every type of product. The good news is that marketers can impact how often, and for how long, their products are the focus of conversation. Go ahead—your customers are waiting for their cue.

[AdAge] How Marketers Can Court Brand Advocates

Tuesday, June 21st, 2011

This is a cross-post from an article appearing here on AdAdge.com

Do You Have What It Takes to Turn On Marketing’s Most Wanted?

In-N-Out Burger, Apple, Dunkin Donuts, Burt’s Bees, Harley Davidson. We all know brands that people will go out of their way to talk about and recommend. The idea is appealing to marketers: Why spend millions on advertising, promotions and product placements when the most effective marketing can come from consumers themselves through word of mouth?

But even for the most buzz-worthy brands, not all word of mouth is created equal — because not all consumers are created equal. While most consumers recommend brands occasionally, and reach a small group of immediate family and friends, there is a select group of people who talk about brands habitually, reaching large groups of peers. They debate product benefits on blog posts, write elaborate reviews on Amazon, tweet with brands day and night, and post YouTube “haul videos” that can attract a larger audience than some cable TV shows. With a few candid words, the right highly connected consumer can get people all over the web stampeding to buy products.

These are brand advocates. It’s what they love to do and they are very good at it. Others seek out their opinions, and their recommendations have a direct influence on purchases.

To some people this behavior may seem strange, but if you understand how they think and what motivates them, you’ll know how you can help them become your most effective salespeople. My company, BzzAgent, recently conducted an in-depth study of brand advocates, and I wanted to share five tips for effectively marketing to this powerful breed of consumer.

1. Get the products in their hands

Comments about your viral videos and TV spots may be fun, but they get old and tired fast. Most important, they do nothing to help others learn why they should consider your product. Distribute free samples to give advocates experience with the product so their reviews will be personal and much more meaningful. Advocates are optimistic people; they are 75% more likely to share a great experience about a product.

2. Navigate the Amazon

The product reviews on e-commerce sites such as Amazon are one of the most important places to influence the influencers. Even though advocates prefer to share their opinions on social media sites, when it’s time for them to learn about new products they go to Amazon.com. It’s a one-stop shop for them. Amazon has easily searchable reviews on every variation of every consumer product imaginable. As soon as your product ships, encourage your early customers and fans to visit Amazon to post their initial opinions and experiences.

3. Turn them into insiders

Advocates are always looking for something new and interesting to share with peers. They love this stuff. This how they unwind — they are three times more likely to write a product review just to relax. Use it to your advantage. Feed them a steady stream of fun stuff to engage with and share, but make it meaningful. You’ll turn them off with a copy of your latest sales brochure, but they’ll respond to insider access to events, samples, exclusive offers, or sneak peeks at what you have coming around the corner. Anything that feels exclusive is compelling, and compelling gets talked about. Since advocates are three times more likely to share product information with someone they don’t know, your offers are likely to gain viral momentum quickly.

4. Engage with them on their own turf

Advocates thrive on the social-media frontier. They are drawn to anything social online — they are two-and-a-half times more likely that typical web users to use social networks to meet new people, four times more likely to use discussion boards and three times more likely to blog. Engaging with advocates requires that you have active and meaningful participation with them on these places. This is where those “in the know” connect with each other, so be yourself and let your passion come through. Act like a marketer hiding behind your brand and you’ll just help your competitor gain some vocal supporters.

5. Help them expand their influence

Advocates work hard to build their following and their reputation means a lot to them — they are 150% more likely to value their perception as a good source of information. Sharing the latest product information to help others make better shopping decisions is how they build their brand. Recognize them and celebrate their contributions. These people are driving sales for you — advocates are 50% more likely to create a post that influences a purchase. Re-tweet their messages, feature their comments on your Facebook page, your blog and across your site. CoverGirl uses advocates comments in their print ads and Kmart uses them on product sign in their retail stores. Mtn Dew is now thanking them by name in an ad campaign.