Most forms of marketing and advertising focus on attracting and engaging customers through a sales cycle to create awareness and interest, guiding the customer to consideration and ultimately to purchase. That's reasonable since there's a clear investment and return.
While a lot of social media-savvy companies are leveraging social channels to engage with communities and for customer service, most implementations of corporate social media marketing are no different than any other sales-focused marketing effort. Expectations are high to influence a social return on investment (ROI).
In fact, a recent survey by PulsePoint Group and The Economist Intelligence unit reports that, "Executives who said their companies had established an extensive social media presence reported a return on investment that was more than four times that of companies with little or no social network engagement activity."
However, is the sales cycle still the most relevant way to think of online marketing tactics like social media, search, and content marketing? Isn't there more to the brand and customer relationship where social media plays an active role?
Consumers are empowered to publish now more than ever and increasingly expect social interactions from their friends, co-workers, and favorite brands. These expectations and interactions occur beyond the path to purchase and provide companies with an opportunity to leverage social content and engagement beyond the sales cycle to retention and advocacy.
Companies and individuals interact on social networks and media-sharing sites and the outcome is often content. There are many ways to be more effective with social content creation, sharing, and engagement beyond the typical sales cycle.
How do you find and take advantage of those opportunities? Let's start by answering some important questions:
Audit Brand and Customer Interactions
By digging into how existing customer and brand interactions occur, companies can optimize their content marketing strategy to better leverage social media. It also sets the stage for a more strategic approach to leveraging content in the social media marketing mix.
Besides an online marketing strategy, there's an operational aspect to being more strategic about social media marketing across the customer lifecycle. Here are a few important considerations:
Strategic Approach to Optimizing Connections Between Customers and Brand With Content
How will you know your efforts to optimize content and social media interactions from awareness to advocacy are achieving your goals? By assessing the signals that represent productive customer lifecycle interactions and success.
Key Performance Indicators
The rush to revenue with social media and any other content-focused Internet marketing approach can compromise innovation and shortcut the long-term value of more meaningful (vs. mechanical) social media marketing and community building. Consider the entire spectrum of how your brand can create awareness and interest, influence transactions, and continue in a cycle to retain and advocate referrals for awareness to even more new customers.
Do the homework and continue to study how your brand can continuously and holistically optimize content and social media participation to attract, engage, and inspire your customers. The result? More sales and longer, more meaningful customer relationships.
Lee Odden is the CEO of TopRank Online Marketing, a digital marketing agency specializing in helping companies grow online business and community with an "Optimize and Socialize" approach to content marketing. Odden has consulted for hundreds of B2B clients over the past 14 years including: McKesson, Marketo, PRWeb, and StrongMail. He's been cited by The Economist, BtoB Magazine, and Advertising Age for his online marketing expertise and publishes one of the most popular marketing blogs on the web: Online Marketing Blog, ranked the No. 1 content marketing blog three times by Junta42. Odden speaks on the intersection of search and content marketing, PR, and social media at conferences internationally and is the author of "Optimize: How to Attract and Engage More Customers by Integrating SEO, Social Media and Content Marketing."
May 22, 2013
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June 5, 2013
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