TedRubin

12 Most Important Ways to Build Relationships and Get ROR

If you want to continue to reach your market in this social media age, the marketing focus needs to be on building relationships, and metrics need to expand beyond ROI (Return on Investment) to include ROR: Return on Relationship. So how do you build and strengthen relationships with your audience (as a whole, and as individuals) to increase your ROR? Here are 12 ways to do so:

1. Listen

If you want to be heard above the growing social media “noise,” you need to first listen to your consumers so when you do speak, you get it right.  What are they saying, what are they feeling, what are their pain points, what solutions do they need?

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Don’t overlook the Baby Boomers!

If you think that the place to reach Baby Boomers (born between 1946 – 1964) is anywhere that does not include technology, think again!  Boomers in the U.S. are technology-savvy enough to comprise 1/3 of all TV viewers, online users, social media users and Twitter users.

If that’s not enough to make you think twice about where you’re putting your social media marketing dollars, consider that there are 78 million Boomers in the U.S., many who have “shown a willingness to try new brands and products.” In fact, they spend 38.5% of CPG dollars! (source: Nielsen).  You can’t afford to overlook them!

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It’s Time to Give Your Brand Advocates a Promotion

Marketers are starting to realize that Brand Advocates are important enough to be part of our marketing strategies… but in my view, we need to take this beyond our Advocates just being “a part” of what we do.  We need to value our Advocates enough to promote them – in both meanings of the word: to bring visibility to, and to raise up.

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The importance of brand “appeal”

More and more, I like the word “appeal” and its implications for marketing and facilitating the building of relationships.

The definition of “appeal” (according to the World English Dictionary) is “the power to attract, please, stimulate, or interest.” So, if we apply that to marketing, it means thatbrands that think in terms of “appeal” are more likely to try to attract, please, stimulate, and provide interest for the consumer — all behaviors of engagement, which is the foundation of relationships.

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Authenticity increases Return on Relationship (ROR)

“It’s not authentic if everyone loves you.” – Stephen Strong (Alberto Culver) at theChicago Brand Advocacy Series.

That is a message that every marketer needs to hear loud and clear, especially as the focus on social media gets stronger and recommendations carry more purchasing weight than ever before!  The term “authenticity” gets used a lot now, but how many brands actually subscribe to being authentic, not just saying they are?

True authenticity in marketing requires brands to change their public filters.  It used to be that a whitewashed image was the way to get consumers’ notice and buy-in (literally)…but now, if brands filter out any and all slight imperfections, consumers quickly get wary.  If the only product/service reviews you allow the public to hear are about how amazing your product/service is, you quickly lose authenticity points.

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What is Your Social ID?

Brand identification is changing right along with the other shifts social media has brought about.  It is no longer as much about  the company logo, the colors or whether we use our middle initial in visual materials or not; it is now about “Social I.D.” – our voice and the way we socially present ourselves online.

What is your Social I.D.?  What identifies your brand (personal or corporate) throughout your social media interactions and offerings? If your answer includes the colors of your website, you need to think very carefully about where you are focusing your brand identity efforts.  I am not suggesting that colors and logos and graphical elements are not important, but I am suggesting that the way you interact with others online is the identification that will catch the most attention… and hold it the longest.

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The Importance of Brand Humility

Even if you are absolutely certain that your product/service is one of the best on the market, what you think of your brand is not nearly as important as what your consumers think of it and say about it.  They are, after all, the market!

“Brand humility is the only response to a fast-changing and competitive marketplace. The humble brand understands that it needs to re-earn attention, re-earn loyalty and reconnect with its audience as if every day is the first day.” – Seth Godin (in a recent blog post)

In my opinion, Seth’s message is right on target.  Brands simply cannot compete in this marketplace if they don’t make an ongoing effort to put aside ego-driven campaigns in order to genuinely engage with their consumers and potential consumers.  Relationships require humility, whether it’s personal relationships, business relationships, or brand/consumer relationships.

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Recommendations Are the New Advertising

Visa gets it – that the marketing world has changed significantly, and even the big players need to change along with it.  In fact, Visa’s head of marketing, Antonio Lucia, reported that Visa has increased their digital media investment from about 11% to at least 36%.

But Visa not just putting their money into digital media, they are also changing their approach to marketing.  Lucia said last month in his keynote at ad:tech San Francisco that Visa is now guided by three principles of social media, with one of them being “recommendations are the new advertising.”

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Joining Collective Bias as Chief Social Marketing Officer…

I’ve been working in digital marketing since 1997, and each year I believe more strongly in the power of relationships for effectively connecting brands with consumers.   Back then, I never could have imagined the incredible connection-building possibilities provided by social media, but I am enjoying witnessing the world-wide adoption of social media as a viable business tool!   There’s no place I’d rather be than in the middle of this shift, and am pleased to have the opportunity to share my expertise with and learn from the team at Collective Bias as their Chief Social Marketing Officer. This is very exciting and something John Andrews, the founder of Collective Bias, and I have talked about for a long time.

I love the blogging community because when it comes down to it, they genuinely want to share useful information, and to connect people to information and products.   That really hit home for me when I was CMO of e.l.f. Cosmetics (Eyes Lips Face) from 2008-2010.  I pioneered a program to develop and utilize blogger relationships to exponentially increase and sustain the e.l.f. brand visibility, and because of the blogger energy, talent, and networks,  the program at e.l.f. brand evolved and succeeded with a unique approach toward not just beauty, but also accessibility, interactivity and consumer engagement.   At that time, the jury was still out on the business value of social media, but the success of this program confirmed for e.l.f. (and other previously skeptical businesses), that building relationships with consumers not only enhances the long-term viability of the brand, but has a direct short-term effect on the bottom line.

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Face-to-face Customer Service Still Matters

I recently wrote about the dangers of disparity between the customer experience in the social media channel and the customer experience in the traditional channel … and the importance of INTEGRATING your brand messages across all channels.

We also need to make sure that we integrate our brand messages across platforms – both face-to-face and online.

Real-life example:  I have been involved with my bank for years – I’m an Advocate, and I go to this bank all the time.  This week after visiting my bank in their physical location, I walked out realizing that more often than not, I leave their “store” not feeling good.

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