A look at how one Canadian company has taken on businesses' social media monitoring efforts, and added social media lead generation.
In social media, engagement is golden, and building consumer relationships through online communities is the way to get it. It's a simple system, in theory: marketers establish a social media presence, monitor online conversations and chatter about their brand, identify potential customers, and connect with an eye toward generating conversions.
In reality, however, this simple system is a complicated, time-intensive process that few businesses have the resources to handle. Social media monitoring requires a real-time response; without it, leads go stale and opportunities fizzle out fast. Many businesses are plagued with sub-par social media campaigns for no greater reason than a lack of manpower (most would admit that they could also benefit from some expert advice).
As we explored last week, social networks and services provide an opportunity to deliver branded messages in the context of a user's location, but marketers must ensure it isn't at the expense of brand experience. Because of the inherent challenges involved in social media monitoring, this remains a tenuous method for recruiting local customers. And yet, the importance of harnessing the "need medium" and hitching consumers to brands remains.
One Canadian company has saddled itself with the responsibility of taking businesses' social media monitoring efforts in hand, and adding something even more elusive: social media lead generation. Praized Media launched Needium in beta last summer and has been quietly operating in a test market since. The fruit of its labors is a social media monitoring alternative for digital marketers – client-side brand managers and media buyers alike – that allows them to sidestep the challenges and go straight to benefiting from the results.
Caroline Desmarais, media sales director with Praized Media, Inc., explains that Needium monitors the needs expressed by social site users and answers them on behalf of local businesses. "Consumers are always asking for recommendations from people in their communities, and we know word of mouth is really valuable and big in social media," she says. "(We) put consumers in touch with the businesses who want to reach them."
Needium uses an in-house automated technology to scan and filter social sites for messages that qualify for interaction on two levels: they are sent from a local user, and they signal the need for a service. Consider how the process might work for a Montreal-based restaurant: in a real-life example, Needium's technology located a tweet that read, "Going to Montreal Sat-Sun. Never been. What should I see/do/where should I drink?" Once the user's need was identified, a community manager took over and immediately tweeted a suggestion to check out the restaurant, on behalf of the restaurant itself and through the restaurant's own Twitter account.
Such replies are carefully crafted to remain both authentic and non-intrusive (one might read, "We're in Old Montreal if you're looking for a bite to eat! Maybe try a Poutine or some Montreal smoked meat?"). If the user responds, the community manager engages with them further, but avoids resorting to the hard sell and boasting specials or coupons. The result, Desmarais says, is a meaningful interaction that can lead to a positive conversation and, thus, a geo-targeted conversion.
Currently, the Montreal-based company is monitoring Canadian cities as well as San Francisco, LA, Boston, Phoenix, Atlanta, Washington, and Austin, with more locations underway. In addition to working directly with advertisers, it offers Needium as a white-labeled social media monitoring and lead generation solution for marketing agencies. Marketers working directly with Praized Media pay a monthly fee that includes campaign management and reporting based on such colloquial metrics as opportunities, replies sent, meaningful conversations (receiving a response from a consumer that indicates interest or a plan to visit the business), and the number of times a business is mentioned on social sites overall.
In terms of leveraging social media, both for local business and for consumer engagement, I'd venture to say that Needium represents a new generation of geo-specific social media marketing. Already social media is the ideal avenue for identifying consumers' needs, whether they come in the form of subtle bids for information or direct requests for immediate gratification. Couple the ability to isolate these needs with the resources to address them, and you have yourself a social media solution with staying power. There's nothing complicated about that.
This Year's Premier Digital Marketing Event is #CZLSF
ClickZ Live San Francisco (Aug 11-14) brings together the industry's leading practitioners and marketing strategists to deliver 4 days of educational sessions and training workshops. From Data-Driven Marketing to Social, Mobile, Display, Search and Email, this year's comprehensive agenda will help you maximize your marketing efforts and ROI. Register today!
Tessa Wegert is a business reporter and former media strategist specializing in digital. In addition to writing for ClickZ since 2002, she has contributed to such publications as USA Today, Marketing Magazine, Mashable, and The Globe and Mail. Tessa manages marketing and communications for Enlighten, one of the first full-service digital marketing strategy agencies servicing such brands as Bioré, Food Network, illy, and Hunter Douglas. She has been working in online media since 1999.
The Marketer's Guide to Customer Loyalty
Customer loyalty is imperative to success, but fostering and maintaining loyalty takes a lot of work. This guide is here to help marketers build, execute, and maintain a successful loyalty initiative.
The Multiplier Effect of Integrating Search & Social Advertising
Latest research reveals 68% higher revenue per conversion for marketers who integrate their search & social advertising. In addition to the research results, this whitepaper also outlines 5 strategies and 15 tactics you can use to better integrate your search and social campaigns.
Wednesday, July 23, 2014