Thursday, December 31, 2009
Social Media: The Fabric of Community
Time to acknowledge the obvious: few things have had as much impact on the fabric of marketing as has the emergence of "Social Media." In his book - The Chaos Scenario (see video above) - author, AdAge columnist and NPR commentator Bob Garfield goes as far as heralding the end of mass marketing as we know it.
Overstatement? We are, afterall, hinting at a significant change for some communication innovations that have helped shape our marketing world. Print, radio, moving pictures, television -- cable news, for crying out loud.
While many organizations (and marketers, for that matter) wrestle with the function and role of Social Media, and more still will debate some or all of Garfield's conclusions, few will argue that things are changing. Fast. So, for strategists, marketers and C-suite corporate leaders, here's an abbreviated take on what is changing, and at least part of why Social Media seems to be growing exponentially at the heart of the change.
We've gone from "the audience is listening" (with apologies to the THX audio folks) to the audience is in control. (The cynic might say the inmates are running the asylum.) That's it. In increasing numbers, the targets are taking control of marketing -- distribution, creative, messaging -- all of it, without even the slightest respect for where marketing resources have been invested or the precise wording of the official company tagline.
Garfield calls this "Listenomics." No longer is the distribution of a video marketing message, for example, limited to those able to invest huge sums in costly video production and television ad time. Today a customer or client -- satisfied or unsatisfied -- has access to global distribution channels. And in case there are questions about the viability of Social Media's channels, just ask United Airlines what precipitated more quantifiable response; their own media campaign or the now infamous "United Breaks Guitars" video produced by a very unhappy customer, and distributed via YouTube. (Video below.)
Put another way, with the emergence of Social Media, word-of-mouth marketing is all grown up. We have always understood its potential. In most professional service circles referrals were the only form of business development (though rarely referenced as "marketing") until the 90's. Even in the midst of mass media's hayday, a cornerstone of brand development has always been the voice of the customer, client or target -- even though almost always the voice of a paid actor.
Social Media is about the fabric of community -- the dynamism of dialogue. It is the authentic voice of the marketplace. Strategic planning sessions and budget meetings are producing questions about how to address its role, and how to think about resources and ROI. We'll leave thoughts on those questions for another post. But for today the question for marketers and company/corporate leaders is not whether Social Media is relevant; rather, it is whether we can break from messages that insist our targets listen to us, engage in a dialogue, listen to the marketplace, and enjoy the benefits of the most effective form of marketing any of us has ever seen -- word-of-mouth, all grown up.
Friday, December 18, 2009
Conversations, Relationships & Renaming Social Media
I believe every concern I've heard can be addressed; but I'll also cop to believing the benefits of conversations with clients and targets far outweigh concerns -- provided, of course, ethical and regulatory issues are appropriately addressed.
Smoke screens notwithstanding, it is that "conversation" idea that may be the real road block. Many company leaders -- from the C-Suite to the board room -- don't know what to do with so-called social media because it allows for instant feedback and (almost) forces conversation. This is a far cry from a view of media efforts as one-way communication "campaigns," allowing for carefully framed messaging and perceived ultimate control. (Nevermind the possibility that a message might completely miss its target while swallowing up huge amounts of company resources.)
So, to the degree that the idea of employing social media as a part of a marketing and communications strategy is problematic, here are three thoughts that might help us frame the discussion anew in the coming weeks.
- The ultimate goal of any marketing effort should be two-fold: to enhance the brand, and to move forward on a continuum that leads to a new or deeper relationship with the target. Nothing accelerates the establishment and deepening of relationship like the give-and-take of conversations.
- Real-time feedback affords actionable marketing intelligence; and nothing is more "real-time" than a cnoversation with a constituent, client or target.
- Any opportunity to engage with a target audience is an opportunity to deepen a relationship -- even when the opportunity emanates from an issue or problem. The best company leaders recognize negative feedback as an opportunity to win.
One suggestion: focus on the fact (and build conversations around the idea) that relationships trump everything. I believe our goal as marketing professionals and company leaders is to facilitate deep, meaningful relationships that endure. Those relationships deliver return on investment...and become part of a customer-based marketing community. That community will let us know, loudly and clearly, when customer experience and marketing message do not align.
Put another way: if we hope to build relationships, we'd better have a platform for meaningful dialogue with clients and targets.
What's the new name for social media? In my view it builds on the concepts of conversation and relationship. My guess is what we call it changes, depending on the audience. (Ghosts of Communication Theory 101.)
Thursday, December 10, 2009
Client Experience Will Always Speak Louder Than Any Marketing Message
Overstatement? Consider a relationship with a significant other. Or how about in the context of parenting. It seems to me that in life's most critical relationships, the degree to which deeds and words are consistent is in direct correlation to the respect afforded.
To put it in marketing terms, this is the challenge for every brand -- personal or corporate: for proclaimations to square with the reality of experience. The result of a relatively frequent lack of alignment between message and experience is the deterioration of respect. And the bad news here is that this lack of respect can result in a new "brand promise" of unreliable, inconsistent, hypocritical. (Needless to say, this is a brand not easily changed.)
In today's professional services marketplace, where client service, customer satisfaction and loyalty programs occupy a position of prominence (rightfully so) in marketing strategies and messaging, it seems to me the challenge is magnified. In this environment, with relationshps so central to effective marketing, brand promises tend to be personal and tangible. Clients expect that marketing proclaimations and their own experience will be aligned. Misalignment (nevermind, dissonance) in today's "new normal" will be met with brand dismissal: what you do simply carries much more weight than what you say.
(And yet again I am reminded that equity building in relationships -- whether personal or in the context of marekting -- is based on a handful of the same undeniable principles.)
Tuesday, December 1, 2009
Two Takes on Tiger's Tale
For the past two days we've heard every conceivable variation on "it's the public's right to know." The latest (and tax dollars notwithstanding, the most ridiculous) came from a Dallas/Fort Worth radio host this morning who reasoned that this is a legitimate matter of public concern because the fire hydrant that was struck was public property. Really? Is that the best we can do.
Let's just admit it; we cannot turn our eyes away from an accident. We love dirty laundry. Some of us are self-conscious about it, and avert our eyes when near the gossip rags at grocery check out stands; but when the communication channel (regardless of the source) is CNN or MSNBC or Fox News or an RSS feed, even the most personal of issues becomes worthy of "the public's right to know."
That reality saddens me beyond any ability to describe without sounding preachy. But that's one side of the tale.
The other how Tiger and, presumably his advisors have chosen to mismanage the communication. All feelings aside, this is a public story. And, though I hope I am wrong for the sake of the human beings involved, choosing to say nothing never, ever works.
Unfortunately, stories like this don't go away when a strategy of silence is embraced. They linger. And often become larger than life.
Great public relations and communication isn't about "spin" control. It is about coming to grips with and addressing reality. Whatever the story, here's hoping Tiger Woods listens to some seasoned communications and public relations advice soon. Only then will he and his family find the privacy and quiet they long for today.
Monday, November 23, 2009
The Thrill of the Chase vs. Drudgery of Dialogue
No -- we're not talking about personal relationships -- any parallels notwithstanding. This is about business development. And for some reason, many professional service organizations and providers invest disproportionate amounts of time and energy chasing prospects and irrestible "opportunities."
Disproportionate because, for the vast majority of consultants, lawyers, accountants and other service providers, the shortest path to revenue growth lies in meaningful conversations with existing clients.
This would seem to be of particular interest in today's marketplace -- where any growth is rare, and leveraging every investment is a must.
The math is simple. Deepening an existing client relationship is almost always a better investment than the costs -- hard and soft -- associated with the pursuit of a non-client target. Leverage an existing client relationship by a) broadening the services provided; and b) involving other team members, and not only are you on the road to increased revenue; you've also increased profitability.
Just in case I have to say it -- here goes: this is not a suggestion that we should not engage in the pursuit of new clients. It is to suggest to all of us leading business development efforts -- when we invest more in the pursuit of new opportunities than in the care and nurture of existing relationships, we may be victims of the thrill of the chase.
Relationships that endure and grow are the result of a calculated investment in the proactive art (and, yes - often drudgery) of dialogue.
(The same might be true in the personal relationship arena, as well!)
Tuesday, November 10, 2009
Is The Devil We Know Defining Our Message?
Case in point — when talking to my teenage daughter about dating, it’s difficult for me not to speak completely out of personal experience, framing the message in the context of the “devil” I know – ”I know exactly what boys have on their minds because I was one!” Few would dispute that my perspective is rooted in fact; there is no shortage of data points to support the message. But the problem (apart from the fact that my target audience has no interest in hearing this message) is that this one-dimensional message does little to help my daughter develop a perspective that helps her move into the future.
But enough painful confession. What does this have to do with our communication as leaders? Simply this: without exception, when communication is couched and “toned” only by data points of the past -- or for that matter, the present -- it will lack dimension, skew perspective, and seed a faulty response.
Absent a perspective that allows for (and prompts) vision, communication is either a recitation of history or an account of current conditions. If that data is less than stellar (consider how we communicate with our organizations in the context of recession), the chances are great that the devils we know have far too much influence on the message -- even when the message is future-looking.
Consider this: had the framework for Abraham Lincoln’s Gettysburg Address or poetic Second Inaugural been couched in the reality of the moment, his speeches would simply have decried the nation’s condition, and mourned those yet to die. Instead, Lincoln used the past only to raise the specter of a new vision.
Had Martin Luther King, Jr. addressed the throng speaking only out of experience, the “I have a dream” refrain would never have passed his lips.
And in the wake of the USSR having won the race to orbit the earth, JFK dared to stir the US with an unthinkable vision — to put a man on the moon.
Take a look at what these examples have in common.
- They do not gloss over or ignore the realities of the past;
- They broaden perspective;
- They speak of possibilities for the future;
- They call for participation.
Pivotal moments — whether in commerce, social enterprise or political endeavors – come when leaders understand that most of us are anxious to be done with the devils we have known. We simply need someone to help us with the vision of what might be.
As we work on marketing plans, budgets and staff assignments for 2010, we'll do well to temper what we know about the last year (and projections regarding coming months), and mix in the stuff of vision, dreams and audacious goals.
Wednesday, October 28, 2009
Win or Lose on Your Own Terms -- A Guest Blog
As servants of an organization and the leadership of that organization, we often find ourselves within a reactive mode of management and execution. Short periods of that are understandable, but overtime the value we provide is eroded and our personal energy often diminishes dramatically.
So each of us must take a careful look at our own organization and make some decisions and accept some arithemetic. What are its strengths/weaknesses, our own personal capabilities, our role, the organization's expectations and our relationships within the organization? From that information and in order to be professionally authentic, you have to make two decisions:
1. You have to choose what (strategy, targets, relationships, etc) is most important and focus your best self there.
2. With apologies to Gene Krantz, failure is an option in business and usually not a career ender. (In fact, most of us have needed failure to learn great lessons and go on to better things.) There's always a chance things will explode and you will lose. You have to choose on what basis you can be fine with losing. This decision will allow you to focus your energies more efficiently and not act/react like a spineless functionary.
Let me give you some of mine:
1. What is most important:
- Growing my firm's Industry Group and Client Team revenue (note: this is separate from our Practice Groups and is consistent with our firm strategy.)
- Supporting my team: individually and collectively. I'm responsible for helping them grow professionally and being a success.
- Provide ideas, solutions and execution which further our firm's leadership's plan.
- We don't do any project, RFP, idea, event, etc without preapproved funding and an attorney champion on each. Even if we think it’s the right thing to do. (My work must be subject to the interest, will and approval of my shareholders. If that's not enough for me, I cease being a servant of the organization.)
- I can't please everyone. So I respond the best I can to the above priorities knowing it won't satisfy some people.
- They decide they don't like me or I'm not a good fit. If true, this would be for the best.
- I didn't play the politics correctly. I play the politics based on the priorities above. If that doesn't work, we let the chips fall.
Monday, October 26, 2009
Communication Theory & The Glare of Friday Night Lights
Communication That Cuts Through The Noise
At the risk of over simplifying, here's a proposition: The best way to avoid the creation of more noise and less communication is to know what to say and when to say it.
Your thoughts?
Wednesday, October 21, 2009
The Dynamics of a New Dialogue
Perhaps it harkens back to report card days or embarassing talent shows or being chosen last in the pick-up basketball game. But whatever the cause, a perspective that views client feedback as judgement is askew. The most effective client feedback programs are more accurately characterized as Conversation Opportunities.
Put another way, client feedback should insure a different kind of dialogue.
This is certainly not a novel idea, and the thinking is simple: with most clients, a service provider has one level of communication. It is likely task, project or initiative oriented, with intense focus on learning everything necessary to deliver success in this particular instance.
You know the drill. You work through a project or initiative, submit an invoice . . . and accept payment as an indication of satisfaction with the job, and ample feedback.
Here's the rub. There are multiple facets to every relationship. Failure to communicate in any one of these areas means that communication with the client is limited in scope. It results in partial understanding of the client's reality. And here relationships with your client differ little from those that are strictly personal -- the failure to have conversations that explore every aspect of a relationship inevitably leads to surprises. Often unpleasant ones.
On the other hand, find a way to engage in a dialogue outside the context of a schedule or specific process, and you've tapped into the stuff that is foundational to relationships that grow, and endure.
Effective feedback programs make it possible to:
- measure satisfaction with a specific work product;
- measure intent with respect to future engagements; and
- facilitate a dialogue around a) any sore-spots with the client; b) the things most important to the client; and c) the client's key success factors for the coming year.
And while new opportunities are nothing to be sneezed at, the most valuable result of dialogue with your clients is that the mere act changes the nature of your relationship. It broadens perspective, and adds dimension to each subsequent communication.
This kind of dialogue is the fabric of lasting relationships.
Wednesday, October 7, 2009
Hits, Followers, Inflated Numbers and Noise
Monday, September 7, 2009
Have We Agreed On Where We Want To End Up?
Several years ago a friend, who also happens to be a law firm consultant, wrote that amid practice synergies, profits-per-partner and a preoccupation with size, shared aspirations was the (often missing) ingredient most central to a partnership realizing its full potential.
A few years later, in the midst of significant change in the legal industry (where I spend my professional hours), I’m wondering why it never dawned on me that shared goals and values might be the missing link in otherwise strategically sound marketing and business development plans.
In my experience, the specific goals of a marketing strategy can vary widely – from measurably better brand recognition, to an increase in the value of shareholder equity this year, to a quantifiably higher client loyalty score. Which goal is most important depends on who is setting priorities. How to evaluate various goals and set appropriate properties is a worthwhile discussion…but the subject of another post as opposed to the discussion at hand.
For purposes of this discussion the difficulty comes when factions of a marketing organization either don’t agree on or don’t have a clear understanding of the definitive end game.
When understood, the job of every functional area of a marketing organization becomes clear. And so does the criteria for success.
By contrast, a marketing communication team might create award-winning materials that completely miss a high-priority target. A client feedback program can yield glowing reports of satisfaction while never assessing client loyalty – and prove of little value when “satisfied clients” move their business. Without understanding the role of data and research, a CRM or CI team member may believe their job is about policing data or emptying a research queue.
Never mind the disconnect that occurs when one member of a management team is focused on twelve months hence while another’s highest priority is this quarter’s bottom-line.
Effective marketing strategies insure that before we begin, we understand where the plan is designed to take us.
Tuesday, April 14, 2009
Marketing and the Big Bang Theory
Sports is rife with big-bang metaphors: a grand slam with two outs in the bottom of the ninth; the “hail-Mary” reception for a TD as time expires; a 3-pointer from half court as the buzzer sounds.
In politics, the right (or wrong) sound bite can redirect history. Even on the global stage, in the midst of today’s economic malaise all eyes are on the strategists, hoping against all evidence that someone will step into the batter’s box, and with a single swing, cure the ailing markets – before it’s too late.
Whatever the source, the tendency to think of marketing in the context of a single great idea, tag line, ad, logo, or event should be no surprise.
In fact, marketers perpetuate the myth that success can hinge on creative deliverables. It was the genius of the “Just Do It” tag line (with a little credit to the swoosh logo, of course) that turned Nike into a leader in athletic apparel. Never mind the millions invested in market research, target identification and product R&D that gave shape to a multi-year multi-billion dollar multi-celebrity marketing campaign.
Apple hit a late-inning home run the moment the company introduced the cultural phenomenon oddly (at the time) named iPod. Lightening struck twice and an i-market expanded with the introduction of iPhone. Through it all, the most visible aspect of the entire strategy is award-winning advertising.
Companies like Apple and Nike make the formula seem simple: offer a reasonably good product (or service), create a superior message (using a celebrity or two doesn’t hurt), and BANG! You’ve created a winning marketing strategy.
Only one or two issues: marketing plans like Nike’s or Apple’s depend on significant investments of time and money. The time is about research (listening to the market), solution-testing and more market research. The money? Well, to turn the image of an apple or a stylized check mark into a universally recognized translation of a company name, and then leverage that brand to capture market share for shoes and mp3 players, think ten figures...and a minimum of thirty-six months.
Try applying this strategy to the marketing challenge currently facing law firms, and even IF budget is not an issue, there is no quick fix for too much capacity, an economically stressed market, and shrinking revenue.
So what is the plan for today’s law firm marketers? For discussion purposes, consider this simple three step plan as one way to start.
A Three-Point Marketing Plan For 2009-2010
1. Identify A Target. There are three reasons every marketing plan should begin with target identification: a) it is the only way to build a solution (thus, create a message) that speaks directly to the reason(s) a potential client should make a hiring decision; b) this kind of target focus is the key to maximum resource leverage; and c) (if no other part of the discussion has your attention) -- apart from luck, strategic targeting is the only way to accelerate the hiring decision.
2. Build Research / Feedback Into Your Plan. Resist the temptation to skip this step. Information gleaned here is essential to success. The premise: ask the right questions, listen closely, and existing clients will tell you what it takes to grow your share of their legal spend. New targets will spell out what they wish a law firm would do for them. Think of this as definitive competitive intelligence. And competitive intelligence will map the shortest distance between where you are and growing your practice.
3. Respond To The Market. This is the payoff of strategic marketing. Invest resources and expend creative energies on designing a solution that delivers what the market needs.
Marketing success is rarely about the size of a budget or creative genius. On the other hand, It is often about resisting distractions posed by a myriad of opportunities, and staying focused on the target. This necessitates being able to prioritize and say “no” to non-strategic opportunities.
But if focus is difficult, the first and often greatest challenge -- one for which there is no easy answer -- is to resist the temptation to relegate targeted marketing to products and services outside the profession of law. To give in to the idea that what works in every other professional service arena won’t work here is to agree to live and work in a market that will call you when it needs you. And in that world, absent the budget of Apple, marketing is less a bang, and more a whimper.
