Sunday, April 26, 2009

Speaking Engagement at Murdoch University, Perth Australia

A while back I was asked to speak at Murdoch University about Social Media and what tools to use and how to build an online brand. As we know there is a good way, great way but also a wrong way how you build a strong brand online. I love helping people and I look forward in helping these smart students prepare for their career. The trick is how I make it relevant to as many people as possible and I think I have a cool angle. :)

http://www.masterclass.murdoch.edu.au/preview.php?pid=mstcl6

My Topic:
"Social Media Myth Busters: Building a successful personal online brand is easier than you think."

Introduction:
"How to leverage Social Media to exponentially grow your personal brand to secure that job or to get more business. In this tight economy you need to outsmart your competition and stand out. In this session, you will learn inside tips and tricks for using the right social media strategy to help grow your personal network, and make you a more efficient, collaborative and effective career builder."

Cheers
Chris

Monday, April 13, 2009

A Horrible Experience At A National Retail Brand

This is not my article but it is so darn good that I had to share it. Credit goes to: http://www.allbusiness.com/company-activities-management/product-management-branding/12278224-1.html

Here it is:

I walked into a well-known national apparel store for men and women the other day and had a miserable experience. I walked into their sister store (another brand) the next day and had the same experience.

What’s going on with these stores? Is it symptomatic of the caliber of employee, a lack of training, a lack of management, all of the above?

Who knows?

But here’s the key “don’ts” I experience that you can apply to your business.

Don’t treat the area behind the cash wrap as a dump – Not only was there the pile of clothes that needed to be put away, but a collection of junk in general. This is the last impression customers have as they leave your store. The cashier had to go through piles of stuff to find the articles of clothing that were put aside for me. Bad taste in mouth? You bet.

Don’t act like you care when you don’t, because I can tell you don’t care – common courtesy dictates you ask how someone’s day is going. But in this store, it’s just another example of the ruling class of robo-salespeople. It comes across as disingenuous. How hard is it to act like you care? If all you can muster is mock-friendliness, you shouldn’t work in retail.

Don't help me, then disappear – I had tried on a couple shirts that I wanted to buy but the sizes weren’t on the sales floor (problem number one). She did offer to go in the back to find them for me. As I walked out of the changing room, the associate was nowhere to be found. I wandered through the rest of the store shopping by myself. What happened to that spirit where they used to help you shop, piling up more and more items and therefore piling up more sales? Not there anymore.

Don't make your sale area look like a bargain basement – Everyone loves a sale. But when it looks like a tornado’s ripped through that part of the store, it’s time to tidy up. The eaiser you make it to shop your sale area, the more you’re going to sell. At a minimum, group things by size. The best case scenario is to group by style and size so customers can go right to what they like, grab it, and buy it.

Don't sell fragrance and then not promote it – By now, every apparel retailer is in the fragrance game. They make perfume, cologne, candles and diffusers. And the big hulking fixture that houses those things looks as bad as the sale area. It’s disorganized and looms near the cash wrap – close enough but out of reach. Not one is going to visit it where it’s placed. And in fact, no one did. If you’re going to be in the fragrance game, you should embrace it, not make it an afterthought.

Don't force your credit card on me after I say no – They asked me if I wanted to save an additional 15% by using my store branded credit card (I don’t have one). I said no. They asked me if I had one. I said no. They asked me if I wanted to apply for one. I said no. They reminded me I could save 15% on purchases that day. I said no.

Don't tell me what to do, do it for me – I needed to have my parking validated. When I presented it, they told me I needed to go to another register. Why is it my problem that they didn’t have the machine at every register? Take it over to the register for me and bring it back to me. Show me that you care.

So, was this a case of bad hires, bad training, a bad manager or something else? I’m guessing all of the above. But this store was at one of the top shopping destinations in LA and arguably a flagship store for this brand. One would think they’d want to shine the spotlight on this store given the huge number of tourists that visit this center (and experience the brand). No so.

Big national retailers take note. It’s time to get back to basics or risk losing what little remains of the public’s perception of your crumbling brands.

Thursday, April 2, 2009

Asia Reports Stating Not to Focus on Emerging Digital Marketing Trends

http://marketing-interactive.com/news/11769 and in summary they recommend to spend marketing budgets on traditional channels (offline) and only choose the "safe" online marketing channels like CPC, CPM etc... They also suggest not to try mobile streams, social networking and the gaming market.

My response: It's nuts. :) Here is why:
Interesting article and agencies and marketers need to get up to speed on digital marketing strategies. Those who don’t should be prepared to get lunch eaten by competition. Asia might be behind North America and Europe but I am seeing lots of hesitation even here in Australia when talking to companies about how to increase their revenues.

Research (RazorFish 2009) actually indicates new emerging trends among specially women. Digital moms under 35 are more likely to leverage newer communications platforms like:
  • social networks (72%),
  • SMS (64%)
  • mobile browsing (13%);

while moms 45 and older are more likely to utilize deeper informational tools like

  • news sites (61%),
  • online consumer reviews (43%),
  • podcasting (12%).

So when this report says not to focus on emerging technologies I beg to differ. I’m not saying to drop SEM and Email etc... instead I recommend to get smarter and use new emerging channels to build communities and ultimately boost sales. Companies can either be part of this and take advantage of new markets to a) build brand and b) boost sales.

My clients are looking for smarter ways to market themselves. They don’t ask me to coast along in cruise control mode – they want results. Long lasting results. Look at Dell. They caught on to the Twitter band wagon and their sales of PCs was around $1 million dollars from that channel alone. They used a really well thought out strategy how to do this and I really applaud them for it.

In Tough Times You Need Smarter Web Marketing Strategies

In these economic times I am recommending using Social Media strategies the right way so it assists companies in boosting their awareness and that increases their online sales. There is a right way to do this but it is becoming somewhat of a “snake oil” salesman market out there where companies are buying everything that sounds great – when in fact there are proven ways how to do this. Makes the professional web marketers look bad.

Did you know... (Source: NCM)

From 2006 to 2008, the ROI of Powered social marketing sites has increased by 10%. These ROIs have consistently outperformed the Direct Marketing Association, and in fact the Marketing Management Analytics ROI estimates for all of direct marketing and non-CPG mass media advertising for the past 3 years NCM has conducted this study. In addition to the ROI results, some of the most significant findings attributed to Powered’s online communities for 2008 include:

  • Purchase Intent: Two-thirds of the respondents stated they were more likely to purchase to sponsoring brands products and/or services as a direct result of the learning experience offered in the community.
  • Brand Affinity: Two-thirds of respondents indicated an improved brand perception of the sponsoring brand.
  • Brand Loyalty: 63% of respondents stated that they had a more positive opinion of the sponsoring brand.

So to sum it up;
Companies need to get up to speed. Agencies must get smarter in how they pitch their clients and let’s face it, the Internet market is changing on a daily basis. We can be ignorant about this change or we adapt. These findings come at a time when the marketing industry stands at a crossroads, questioning all of its existing approaches, and seeking solid footing with which to go forward. The rapidly-evolving future is changing everything we used to know about media and about consumers. Hope this sheds some light on it :)

Chris
www.ReallyHotIdeas.com