Posts Tagged ‘Customers’

2 Easy ways NOT to Maximize your Twitter Marketing ROI

Posted in Social Media ROI by Taariq Lewis on November 14th, 2010
 

This post is Terametric’s Twitter ROI Series leading up to the December 9, 2010 Webinar: How-To measure and improve your Twitter Marketing ROI with Jim Sterne and Kyle Lacy.

Twitter, is quickly evolving into a critical marketing channel to engage customers beyond the one-way broadcast of traditional media. Twitter marketers, however, still measure their success with traditional measures. They conduct marketing activities in the medium and then they measure the success of marketing activity by the number of completed goals such as increase in revenue, customer satisfaction, brand visibility, and brand awareness.
Got_Tweet_ROI

Regardless of how marketers currently measure their Twitter Marketing activity, success or failure, there are a few simple, yet critical uses of the Twitter channel that will always reduce and minimize Twitter Marketing ROI. Below are the top ways that one can fail to maximize ROI impact on Twitter, without even trying.

1. Don’t Complete Your Human Presence on Twitter.
A simple way to be outcompeted and outmaneuvered on Twitter is to not make the required investment in delivering a fully human and completed Twitter profile. Here are the areas where you can, guaranteed, reduce your Twitter marketing ROI impact.
• Don’t create a complete a full Twitter BIO
• Don’t create a professional and personable profile Image that humanizes your account
• Maximize use of logos and brands instead of humans
• Don’t include your accurate geography location in your profile

2. Don’t tweet consistently and relevantly on your Twitter Channel
Industry authority or influence can be easily measured in two qualitative measures. Either you are tweeting about the industry or the industry is tweeting about you. If you’re not #1 in your industry and you’re not tweeting about the industry, then chances are that your tweeting impact will be low. Authority in communication can maximize the ROI objectives of your Twitter account. Here are the areas where you can, guaranteed, reduce your Twitter Marketing influence and resulting ROI:
• Don’t reach out to influencers on the themes and topics of your industry
• Don’t generate immense positive sentiment around your tweet topics and themes
• Don’t generate weekly tweet volume and quality to match your critical competitors

Most Social Media Managers are trying to maximize their Twitter marketing ROI. As such, it may be easier to avoid these pitfalls to ensure that the Twitter channel performs optimally in its goal to deliver marketing wins and increased customer engagement.
Learn more about Terametric at: http://www.terametric.com/about

Friday Addition 2: A True Story About the Power of Negative Sentiment

Posted in Strategy and Analysis by Matt Carter on March 17th, 2010
 

On Saturday, March 6, my neighbor Bill and I were standing in my front yard, admiring my new car (new to me, anyway). It was a generically-colored, 2005 Subaru Outback. I was proud of the new purchase.

I spoke highly of the dealership’s buying process and the wagon’s features. In fact, as I pointed out the multi-function roof-rack, I recounted the ease of the sales process in great detail. I talked of the twist and turns of the negotiation and the willingness of the dealership’s very capable staff to bend to our needs. Just as I’m getting to the part where the dealership threw in four, new, all-season tires at no cost, my fiance hops in the Subaru to run some errands. As she backed out of the drive-way, the wagon emits a loud and shrill squeal.

Bill then turns to me and says, “Where’d you say you bought that car?”

Do you see what happened? Until the moment the car, with a loud squeal, cast a negative light on the car dealership, Bill wasn’t even really paying attention to the details of my story. It wasn’t a priority for him. In the grand scheme of things, the story didn’t affect his life in the least. He was merely passing a pleasant moment with a neighbor. There was no real relevance to him.

The loud squeal set off an alarm bell inside of him. It triggered his evolutionary threat-avoidance system. Suddenly my story did have relevance and the details of the tale became a roadmap for avoiding a potential hazard. Not only did he feel the details relevant to himself but, he felt them relevant to others as well.

Despite only mentioning this to Bill, in the days following this exchange, my neighbors Pat and Pete asked about the situation and the dealership. In my small, Maine neighborhood, negative sentiment went viral right before my eyes.

I contacted the dealership about the squeal. The dealership picked the car up from my house, replaced a slightly rusted brake rotor and returned the car to me a day later with very sincere apologies.

The evening the wagon returned, my neighbors, one-by-one, meandered over to check on the outcome of the situation. Each was pleasantly surprised by the no-hassle, no-questions-asked manner the dealership employed to satisfy my issue. The dealership gained themselves three, maybe more, new admirers that night.

As the situation illustrates, negative sentiment often has a greater potential value than positive. It has an uncanny ability to awaken people’s attention. It can create a strong and immediate relevance where previously there was none.

Negative sentiment also presents brands with an amazing opportunity that positive sentiment sometimes lacks. It provides an often well-attended forum to display genuine concern, a desire to listen and a willingness to act. It allows brands engage with customers on previously unavailable dimensions, those of humility and humanity.

Friday Addition: 55 Facebook Fans Can’t be Wrong

Posted in Strategy and Analysis by Matt Carter on February 24th, 2010
 

Terametric has 55 Facebook fans and we’re damn glad to have them. I know what you’re thinking. 55 fans? Really? Just 55? Doesn’t that “I hate ‘Battery Low’” fan page have more than 2.2 million fans?

It’s true, just 55. Believe it or not, it was much worse three short weeks ago. On February 3rd, our fan count stood at four. 1,2,3,4. In fact, the count on February 3rd was identical to our fan count at the end of the page’s first day of existence (October 1st).

Four months with four fans. Let’s take a moment to thank our first four stalwart fans for sticking with us and really believing. Oh wait, I was actually one of the first four. I guess that means we had three fans.


Ever the bandwagoneer, Wendy Troupe, our founder, only recently became a fan. I guess she was busy. (Just kidding about that bandwagoneer thing, we’re glad to have you aboard, too)

What, you ask, catapulted our fan page into this meteoric rise in popularity? How did we manage to saddle the lightning of public popularity?

It was simple really.

On February 5th Facebook began to roll-out its long-heralded design and features updates. One particular feature update caught our interest immediately:

Facebook has also streamlined the Live Feed and News Feed sections, which enabled users to see what their friends were doing at the moment. Both have been integrated into a single News Feed, with a “Most Recent” tab for live updates, and other highlights filed under the “Top News” tab.

A single news feed? And guess what? The algorithm that determines what gets featured in that single news feed favors images, links and video. That’s right, multimedia updates are given priority and are more likely to appear in a person’s streamlined, new news feed.

Leveraging this, we changed the nature of what we offered to our fans (all three of them) to better match how facebook would actually serve up our fans’ news feeds. Rather than just another link to our latest posting (though those are in there too), we started featuring images and video on our page. Not just any images or video though. We mostly limited our content to those juicy infographics that you stumble across on the web and instantly realize that they perfectly encapsulate and support a case you’ve been struggling to make. You know the infographics I’m talking about — the kind that surreptitiously end up in your next powerpoint and make your boss marvel at your diligent research skills.

And the rest is history. We optimized our content to leverage the algorithm and have been climbing the modest pop charts ever since.

And now for some shameless self-promotion: Visit our infographic-laden Facebook page and throw a fan our way if you like what you see. Who knows, the next infographic we find and post might just be the exact information you need to sell that next Social Media initiative internally.

Photo by Jewe

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