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The Social Path to Purchase… ~via @CollectiveBias

The Collective Bias influencer community creates shopper content By Stuart Feil

Septemer 10, 2012 ADWEEK

Shopping is, by its very nature, a social activity—people always want to know what other people are buying or discuss what they’ve bought themselves with friends and other shoppers. Nowhere is this more evident than in the blogosphere, where brand ambassadors (such as the ubiquitous Mom-blogger) share information and advice about what they buy and use. There’s power in this user-generated content, and brands and retailers want to take advantage of these influencers to drive excitement for—and sales of—their products.

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Why vote? The marketing dynamics of apathy


Here’s what political marketers learn from people who don’t vote:

Nothing.

If you don’t vote because you’re disappointed with your choices, disgusted by tactics like lying and spin, or merely turned off by the process, you’ve opted out of the marketplace.

The goal of political marketers isn’t to get you to vote. Their goal is to get more votes than the other guy. So they obsess about pleasing those that vote. Everyone else is invisible.

Steakhouses do nothing to please vegetarians who don’t visit them, and politicians and their handlers don’t care at all about non-voters.

The magic of voting is that by opting in to the system, you magically begin to count. A lot.

If you don’t like negative ads, for example, then vote for the candidate who ran even 1% fewer negative ads. Magically, within a cycle or two, the number of negative ads begins to go down.

One reason that people don’t vote (a real, usually unspoken reason) is that they don’t want to feel responsible for the person who wins. The other reason is that they don’t want to live with the disappointment of voting for someone who loses. Both of these reasons ignore the marketing reality: not voting doesn’t make marketing or politics go away. It merely changes the person the marketers are trying to please.

Vote today. Bring a friend. If enough smart people start voting again, things will improve, because billions of dollars in political marketing will suddenly be trying to please you.

Seth Godin

Stand out by “Liking” them before they “Like” you.

Want better Return on Relationship™? Don’t wait for customers/prospects to “Like” you… start “Liking” them! Inspire them to like you…

There’s no lazy way out of this, folks. If you want the eyes and ears of consumers focused on you, then develop a “giver’s gain” philosophy. Developing fruitful relationships in social channels, or anywhere else for that matter, requires the willingness to give before you receive and continue giving throughout.

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American Apparel’s Hurricane Sandy Sale – Brilliant or Boneheaded?

It’s not often I have cause to quote this person but in this particular article in this particular context, something this person said (and in fact wrote a book with the same title) seems quite appropriate, at least depending on which side of the American Apparel Hurricane Sandy debate.

The quote is “There is no such thing as over exposure” and it was of course uttered by one Donald Trump.

Now if you’re in the Trump camp, so to speak, you won’t have any problem with what American Apparel did recently in trying to capitalize on the fervor and interest in Hurricane Sandy. And perhaps the word “capitalize” is the operative word for we do live in a capitalistic society, right?

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Curiosity May Have Killed The Cat But…

Curiosity May Have Killed The Cat But Complacency Will Kill The Marketer

Not long ago I told you of the One Quarter Of American Consumers (who) Are Brand Loyal. That indeed is a very telling statistic which came from a survey conducted by Ernst & Young. Today comes the results of another survey, this one done jointly by Acxiom and Loyalty360, which sheds some light on why so few consumers are brand loyal. And it all comes to down one word.
com·pla·cen·cy – a feeling of quiet pleasure or security, often while unaware of some potential danger
I give you exhibit A…
That’s right boys and girls, 60% of all the respondents – who were comprised of executives in both B2B and B2C companies from a cross section of industries, dedicate less than 20% of their marketing budget to customer retention.

ROR (#RonR), Return on Relationship™… what is that?

Facebook fans, retweets, site visits, video views, positive ratings and vibrant communities are not measureable financial assets—they aren’t reflected on the balance sheet and can’t be counted on an income statement—but that doesn’t mean they are valueless.  Instead, these are leading indicators that a brand is doing something to create value that can lead to financial results in the future. In addition these relationships can be leveraged through initiatives, campaigns, and events to create real dollar value for a brand. In other words, ROR – Return on Relationship!

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Did You Hear The One About The Marketer Who Didn’t Use Pinterest?

Ok, I admit there’s no punch line to that query or maybe there is now that I think about it. The punch line would be ‘they were soon looking for another job.’

Now I know what all you marketers and brand managers and brand marketers and everyone out there is thinking ‘gee Steve, a little over dramatic wouldn’t you say? Are you really saying a marketer who doesn’t use Pinterest could be out of a job?’
English: Red Pinterest logo

Alright I admit, I have seen too many after school specials and Lifetime movies (hey, Tori Spelling is one underrated actress) so perhaps I was a tad melodramatic in implying or flat out stating that any marketer who doesn’t use Pinterest may soon find themselves updating their resume but,

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Lead Generation Continues To Challenge B2B CMOs

B2B customers have become more independent buyers in the procurement process as a result of their increasing access to information, research and peer-recommendations.  In fact, this modern buyer is something of an enigma to B2B vendors.   Traditional lead generation efforts such as trade show and publication advertising, direct mail, email, etc. are decreasing in effectiveness. Lead generation through social marketing has received much hype yet case studies demonstrating real bottom-line impact are still few and far between. How does one capture their attention (and wallet-share) in an environment where competition has surpassed competitive vendors to include the increasing availability of information and perception driven by customers and non-customers alike?

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Defining Social Metrics

I talk often about ROR, Return on Relationship™(hashtag #RonR)… simply put the value that is accrued by a person or brand due to nurturing a relationship. ROI is simple $’s and cents. ROR is the value (both perceived and real) that will accrue over time through loyalty, recommendations and sharing. But don’t let that lead you to believe that I do not think metrics are incredibly important. What are the numbers we’re aiming for? What will tell us if it (the implementation and use of the tool / process) was a success? How will we get that information and make sense of it in a way that can inform our business strategy?

Defining metrics around social media advertising and marketing campaigns has been challenging enough that for a while many people said it simply could not be done. Now, however, we are learning that social media measurement (re: use and impact) IS possible – just not always using traditional metrics and methodologies.

One of the most important ways to establish social media metrics is to set “conditions of satisfaction.” In other words, what are the specific outcomes that will bring satisfaction to you, your brand, your business, and your customers? Notice how the word “satisfaction” here requires you to think not just about actions, but about the whole experience resulting from the outcomes. This is absolutely critical for successful social branding!

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Truth and consequences

There’s a huge chasm in most markets: People who want to be isolated from the consequences of their actions, and those that are focused (sometimes too much) on those consequences.

For years, Paula Dean sold cooking shows to an audience that refused to care about what would happen if they regularly ate what she cooked.

Rep. Anthony Weiner wasn’t open to buying warnings about what would happen to his photos and tweets.

At the same time, there’s the audience of new moms that are overeager to baby-proof their home (just in case), the conscientious recycler who doesn’t want to know about the actual costs of picking up that bin out front, and the passionate teacher who sacrifices every day so his students can thrive a decade from now.

If you are selling tomorrow, be very careful not to pitch people who are only interested in buying things that are about today. It’s virtually impossible to sell financial planning or safety or the long-term impacts of the environment to a consumer or a voter who is relentlessly focused on what might be fun right now.

Before a marketer or organization can sell something that works in the future, she must sell the market on the very notion that the future matters. The cultural schism is deep, and it’s not clear that simple marketing techniques are going to do much to change it.

Seth Godin

Originally published on This is Seth’s Blog