Welcome to May, 2009

25 May 2009

10 Ways to Boost the Value of Your Blog

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Branding Strategies: 10 Ways to Boost the Value of Your Blog

Chris Baggot,CEO and Co-Founder of Compendium Blogware, recently wrote a post for iMedia Connection that I found very valuable on 10 ways to boost the value of your corporate blog.  Here are some great points from Chris.

This past year was a tough one for corporate blogging, especially considering the bashing business bloggers took from two separate Forrester reports. The primary problem with blogging in 2008 originated from a focus on the wrong objectives. The result was pretty much a big disappointment from both the readers of corporate blogs and the companies that supported them, which began asking the question, “Why?”

However, all is not lost. Many companies did in fact find the successful formula for both high ROI and reader satisfaction. As we move deeper into 2009, these trends will accelerate and the maturity of corporate blogging will become both scalable and sustainable, while actually contributing to the bottom line.

bloggingThe following are my predictions for the top trends in corporate blogging this year.

Trend 1: A focus on what’s important
The healthy thing about a bad economy is it forces us to get focused on the activity and investments that actually drive our businesses. The days of tweets or Facebook occupying our brains are long gone. In online marketing, we have to focus on high-return activities. Vince Lombardi said that football was about two things: blocking and tackling. Likewise, online marketing is about two things: email and search. Since more than 90 percent of the internet population engages in a search every day, businesses should focus on this instead of how to measure ROI on blogging.

Trend 2: Blogging for search
Organic search is driven primarily by the formula (D + C) x V = OST. That means data plus content multiplied by volume equals organic search traffic. In the case of online marketing, the data are your targeted keywords. Content is based on target to those keywords. The magic enumerator is volume. The more web content you create specifically around your targeted keywords, the more organic search traffic you will drive.

This is where businesses really start to appreciate the power of corporate blogging. We must forget about RSS feeds or comments as the measure of success and realize that blogging is a target marketing strategy based on delivering a message to a keyword, just like email delivers a relevant message to an email address.

When you consider the three main traffic sources to corporate blogs (direct navigation, referrals, and search), search is the only measure you should focus on because it’s the only one you can control and, more importantly, scale. You can’t increase the number of referrals or direct navigation; it either happens or it doesn’t. But on the other hand, when discussing search, if you want more organic traffic, you simply have to add more blogs targeted specifically to your keywords and write more content.

Trend 3: Rethink everything you hear about social networking
As marketers, we are often attracted to things that are new and shiny. In a market like the one we are experiencing, coupled with the decline in just about every other marketing medium (newspapers and other print, TV, radio, banner ads, mobile, online video), it’s fun to imagine that if you “only join the community” all your marketing problems will be solved. (That last sentence sounded a little angry didn’t it?).

During my presentation on this topic, I often reference a graphic from Jack Herer’s book, “The Emperor Wears No Clothes.” I’m not saying you shouldn’t participate — you should absolutely be listening to what is going on regarding your company and industry. But relative to the things that actually scale and really drive revenue, this is a sideshow compared to the big event.

I heard a talk the other day in which a marketing person from a big brand-name outdoor retailer was discussing a major initiative for the company’s marketing department this year. Building a social network. Great. “How many members would you consider a success?” “Oh anywhere from 10,000 to 50,000 would be huge.” Doing the math, to make $50 million from this endeavor would require achieving 100 percent of the membership goal and having each of those members influence at least $1,000 each in increased sales. I wonder how many businesses do this math.

Trend 4: Content and volume
We talked about this a little bit earlier, but it’s worth addressing as a separate trend. The simple math shows that the more content you create, the more organic traffic you will attract.

Trend 5: Keyword awareness
Blogging for search acquisition is a data-driven strategy. What’s great is that the data are easily available with very solid metrics and value. The data are your keywords. People are telling you exactly what they are attempting to find. Every industry has hundreds, if not millions, of people getting online and entering keywords specifically asking for your product or service. These keywords are easy to find, simple to track by volume, and easy to value. What’s great about the pay-per-click world is there is a fair marketplace, just like the stock market, where people bid and compete for keywords every day. There is no ambiguity about any of this; it’s a database marketer’s dream.

Keywords imply buyer intent. Whether I’m looking for a bankruptcy lawyer or a toaster, when you see me searching with those terms, you can be pretty certain that I’m a worthwhile prospect (compared to if I happened to be watching 30 Rock or something). Search is a target marketing strategy. The marketer’s job is to deliver a message to the hundreds or thousands of keywords ready to serve that message when someone makes the search.

Trend 6: Dumb it down
The polite way to say this is “write for the web.” To date, blogging has been about thought leadership and CEOs’ grand visions. This has been a hindrance to SEO. When you over-think your content, you create a lot less of it. It becomes a lot of work.

Seth Godin gave me this advice when I first started blogging: “Be pithy.” Words of wisdom. People don’t read the web, they scan. They are looking for themes, credibility, or an idea. Think about your content in terms of search. When people have a problem, they enter their keywords into that little box looking for help. Are you the one to help them? First you have to show up. We already talked about how that requires targeting and volume. Are they looking for journalism? Most likely they are looking for a quick source for an answer. By writing simply, enthusiastically, or talking about specific problems and solutions, you stand a much better chance of not only winning the search, but also winning the conversion.

One of my co-workers wrote in her blog that we should blog like a 5-year-old. If we did we would:

  1. Be honest
  2. Be humorous
  3. Be humble
  4. Keep it basic
  5. Talk at a level that everyone can understand
  6. Never run out of things to say

This is great advice for every corporate blogger.

Trend 7: Widespread employee blogging
A big part of the problem with corporate blogging has been that it’s been too corporate. People don’t necessarily care or, more importantly, trust what the CEO, PR team, or brand says. The good news is that your employees are in a position to tell the kind of stories that foster both trust and engagement. Last year, Richard Edelman said, “Employee bloggers are five times more credible than a CEO blogger.”

People don’t care nearly as much about your opinions as they care about their problem. Employees are in a much better position to discuss things the customer cares about. Things like applications, use cases, customers, and the problems they solve every day. Employees are human, engaged, passionate, and want to participate and feel valued. If you give someone a business card and let them talk on the phone, you should let them blog.

Additionally, the huge benefit of widespread employee participation is the content volume. By sharing the load among everyone, you naturally generate an increased volume of content that is timely, relevant, and will drive more traffic.

If the social media phenomenon is telling us anything, it’s that people like people. You hire smart people, they enjoy their jobs and customer interaction — so let them write.

Trend 8: Get local
Blogging for search is a great strategy for anyone, but it’s rocket fuel for local search. The simple reason is that there is less competition. Most local searches are won by directories like online yellow pages because nobody is competing for them at that level.

The reality from a search standpoint is that an estimated 20-50 percent of all search has “local intent.” Local search grew 76 percent last year, according to comScore. This gives a huge advantage to those local and national companies that focus on a local strategy. Do people really want to search, find a directory, and then have to search again? Of course not, they just want to find you. Blog about your location and blog about your products and inventory. And don’t forget your keywords.

Trend 9: Coupons and other offers
Think about your traffic now. What do you want the people to do? Read your wisdom? Maybe, but that is hard to monetize. Think about transactional calls to action (CTAs). These keyword-targeted blogs have the same responsibility as any other web property. They have to convert that traffic into action. Whatever you expect from your site, you should challenge the blogs to perform the same or better in conversion.

Trend 10: Measurement and metrics
Are my blogs doing me any good? The only way to find out is to measure them. Blogs, like any other web marketing initiative, have a huge advantage in that they are all measurable. The key is what to measure.

A great measure at the top of the funnel is the relationship of blog post volume to overall traffic volume. As you see the correlation between the traffic increase as you increase your content, it absolutely supports engaging more bloggers.

You should also measure your keyword traffic against the value of that traffic if you were paying for it. We discussed earlier that there is no ambiguity when it comes to the value of search traffic. Google and others quite clearly indicate a marketplace for keywords that is designed to squeeze out the real value of every keyword you can imagine. When you are looking at your organic traffic, you need to measure what that traffic would cost if you had to buy it.

By measuring the value of keywords, your organization can focus on converting that traffic into actionable business. Tell your boss you drove $20,000 worth of organic traffic last month, and I promise the first question out of his or her mouth will be, “How much business did that translate into?”

And, at the end, that’s the most important measure, right? You increase the top of the funnel so you can increase what comes out the other end.

This year’s corporate blogging trends will be all about what’s coming out the other end — the ROI of blogging.

22 May 2009

8 Ways to Boost Your SEM Results

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In the last session of the SES NY event, attendees were rewarded with 8 awesome tips to boost Search Engine Marketing (SEM) Results. This session used real-life examples to teach attendees the secrets top online marketers are using to beat the competition and squeeze the greatest results possible from their SEM efforts. Topics included: PPC, SEO, landing page optimization and social media.

Speakers are Michael Mothner, Founder & CEO and Michael Stone, Vice President, Sales & Strategy – both from Wpromote. Some tips you may know and some you may not, but there is definitely something for everyone.

1. Always. Test. Everything
Assume that everything is broken. Ask your self by how much is it broken and how do we reduce the delta between where we are and where we want to be? Always be improving.

Make sure your ads are fresh. Tailor copy to seasonal or world events to give the sense of freshness and relevancy.

Using Google to test messages, headlines and landing page copy is more cost effective and real-time than a focus group. Understand what messages resonate prior to creating entire campaigns.

What’s hot to test right now:
a. discounts and deals
b. sense of urgency

2. Tell the Right Story to the Right Person

Know your product, know your audience and be consistent to avoid frustrating your audience.  Connect the dots between the search query, your ad and the headline/copy on the landing page.  Understand the specific keywords your target is using and deliver specific content to them.

search-engine-marketing3. Don’t be Fooled by Google Broad Match
Google broad match allows you to match 1000’s of queries to a single keyword. While it’s easy and quick, it’s not always the best option. It can match to bad keywords, just as easy as it can match to good keywords.

The problem with Google Broad Match is that the keyword phrase you see in your dashboard, isn’t necessarily the word that your ad was shown for.

How do you get the good without the bad?

Track, Learn and Adjust.
a. use search query reports. Be careful though, the bad keywords are hidden in a line item ‘all other keywords’
b. Google Analytics Raw Query Hack – Use the good keywords for AdGroups, to bid higher and customize ad text.  Use the bad keywords to update negative keywords
c. server log analysis (doable, but hard)

4. Blogging & SEO
If you launch a blog, blog 3-5x per week and on average 300 words per post. Make sure you interact with the blogosphere including linking, commenting and guest blogging.

Use keyword hyperlinks and refrain from hyperlinking ‘read more’ and ‘click here’.

5. Usability Testing. Do it!
Perform user testing. It doesn’t have to be expensive or intimidating and shouldn’t only align to the HIPPOs (highest paid person’s opinion).

Put on your client hat because what’s easy to you, may be hard for others.

Use tools like crazyegg to track user actions on pages.

Make sure your site is 100% compatible with Firefox, Safari, Internet Explorer (and its different versions).

6. Forms, Funnels and Fun!
Limit navigation to make sure users don’t get lost and to minimize distractions. Make sure that you are pointing the user toward the offer so they can take an action.

Get smart with forms. Capture the information even if the form or cart is abandoned and then follow up with abandoned leads.

7. Analytics is Your Friend
HITS – how idiots track stuff. (j/k :) ) Think about analytics as a way to study online behavior to answer questions.

What can analytics answer?
a. how do people get to my site
b. which version of my email campaign worked better
c. where are people dropping off in the buying process

Get granular with analytics.
a. segment the total number of visitors to identify who came from where and who did what
b. document changes and compare the before-and-after to see if the change had an impact
c. create funnels and see visually where failure occurs

Goals give analytics more value. With goals you move beyond bounce rate, exit rate and time on site and dig into questions like:
a. does my blog lead to sales
b. what is the traffic source with the highest ROI

8. Social Media
Do you tweet? Look at examples like Zappos (twitter.zappos.com).
Share your company culture and build relationships with new and existing customers.

Promote video content on YouTube to drive additional targeted users through engaging media.

Feel free to share other tips below on how to improve SEM success.

21 May 2009

Social Media Metrics: A Master List

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Below is a post from my company’s (Social Media Solutions)  blog…Enjoy!

Here is a great list of possible social media measurements and metrics from fellow social media alum Rachel Happe’s blog  “The Social Organization.”

Activity Metrics roi

  • Pageviews
  • Unique visitors
  • Members
  • Posts (ideas/threads)
  • Number of groups (networks/forums)
  • Comments & Trackbacks
  • Tags/Ratings/Rankings
  • Time spent on site
  • Contributors
  • Active contributors
  • Word count
  • Referrals
  • Completed profiles
  • Connections (between members)
  • Ratios: Member to contributor; Posts to comments; Completed profiles to posts
  • Periods: By day, week, month, year
  • Frequency: of visits, posts, comments

Survey Metrics

  • Satisfaction
  • Affinity
  • Quality and speed of issue resolution
  • Referral likelihood
  • Relevance of content, connections

ROI Measurements

  • Marketing/Sales
    • Cost per number of engaged prospects (community vs. other initiatives)
    • Number of leads/period
    • Number of qualified leads/period
    • Ratio of qualified to non-qualified leads
    • Cost of lead
    • Time to qualified lead
    • Lead conversion
    • Number of pre-sales reference calls (to other customers)
    • Average new revenue per customer
    • Lifetime value of customers
  • Customer Support
    • Customer satisfaction
    • Number of initiated support tickets per customer per period
    • Support cost per customer in community
  • Product Development
    • Number of new product ideas
    • % of ideas from customers/prospects/community
    • Idea to development initiation cycle time
    • Revenue/Adoption rate of new products from community vs. traditional sources
  • HR
    • Retention/Employee turn over
    • Time to hire
    • Prospect identification cost
    • Prospect to hire conversion rate
    • Hiring cost
    • Training cost
    • Time to acclimation for new employees

Individual Metrics (for members)  NEW

  • New ‘friends’ after 30/60/90 days
  • Number of friends met online that users have met offline
  • Number of friends met online that member has subsequently collaborated with
  • Number of ideas that the user has gotten and then used in their work
20 May 2009

The 4C’s of Social Media

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Below is a post I wrote for my company’s (Social Media Solutions)  blog…Enjoy!

When creating a social media strategy for my clients, I like to use a strategy developed by online media expert Gaurav Mishra, which focuses on the four underlying themes in social media, or the 4Cs of social media: Content, Collaboration, Community and Collective Intelligence. Taken together, these four themes constitute the value system of social media.  The tools & buzzwords in social media are constantly changing, but the value system embedded in these 4Cs is here to stay.

Here is a breakdown of the 4 Cs of Social Media, from Mashra

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The First C: Content

The first C, Content, refers to the idea that social media tools allow everyone to become a creator, by making the publishing and distribution of multimedia content both free and easy, even for amateurs.

User generated content, and the hope of monetizing it through advertising, is at the core of the business model of almost all social media platforms. User generated content is also at the core of citizen journalism, the notion that amateur users can perform journalist-like functions (accidentally or otherwise) by reporting and commenting on news. Citizen journalists have repeatedly emerged as critical in crisis reporting and several citizen journalist platforms have emerged to harness their potential to report hyper-local news.

However, just because everyone can become a creator doesn’t mean that everyone does. Most users prefer to consume user generated content, by reading blog, watching videos, or browsing through photos. Some user curate user generated content, by tagging it on social bookmarking websites, voting for it on social voting websites, commenting on it, or linking to it. Researcher have found support for the 1:9:90 rule in many different contexts. The 1:9:90 rule says that 90% of all users are consumers, 9% of all users are curators and only 1% of the users are creators.

The Second C: Collaboration

The second C, Collaboration, refers to the idea that social media facilitates the aggregation of small individual actions into meaningful collective results.

Collaboration can happen at three levels: conversation, co-creation and collective action.

As consumers and curators engage with compelling content, the content becomes the center of conversations. Conversations create buzz, which is how ideas tip, become viral. Many social media practitioners who are from a marketing or public relations background are focused on creating conversations.

However, some of us recognize that conversations are a mere stepping stone for co-creation. In co-creation, the value lies as much in the curated aggregate as in the individual contributions. Wikis are a perfect example of co-creation. Open group blogs, photo pools, video collages and similar projects are also good examples of co-creation.

Collective action goes one step further and uses online engagement to initiate meaningful action. Collective action can take the form of signing online petitions, fundraising, tele-calling, or organizing an offline protest or event.

Even though conversations, co-creation and collective action are different forms of collaboration, the difficulty in collaborating increases dramatically as we move from conversations to co-creation to collective action. The key is to start with a big task, break it down into individual actions (modularity) that are really small (granularity), and then put them together into a whole without losing value (aggregating mechanism). It is also important to bridge online conversations into mainstream media buzz and online engagement into offline action.

The Third C: Community

The third C, Community, refers to the idea that social media facilitates sustained collaboration around a shared idea, over time and often across space.

The notion of a community is really tricky because every web page is a latent community, waiting to be activated. A vibrant community has size and strength, and is built around a meaningful social object.

Most people understand that a community that has a large number of members (size) who have strong relationships and frequent interactions with each other (strength) is better than a community which doesn’t. However, a community is more than the sum total of its members and their relationships.

People don’t build relationships with each other in a vacuum. A vibrant community is built around a social object that is meaningful for its members. The social object can be a person, a place, a thing or an idea. The Netroots community is built around progressive politics in America. The My Barack Obama community was built around Barack Obama’s presidential campaign. The Obama Girl community was built around a series of videos Amber Lee Ettinger made to support Obama’s campaign. Sometimes, choosing the right social object can be crucial for building a vibrant community. HP can choose to build a community around printers, printing, or corporate careers, all of which will have very different characteristics.

The Fourth C: Collective Intelligence

The fourth C, Collective Intelligence, refers to the idea that the social web enables us to not only aggregate individual actions, but also run sophisticated algorithms on them and extract meaning from them.

Collective intelligence can be based on both implicit and explicit actions and often takes the form of reputation and recommendation systems. Google extracts the pagerank, a measure of how important a page is, from our (implicit) linking and clicking behavior. Amazon and Netflix are able to offer us recommendations based on our (implicit) browsing, (implicit) buying and (explicit) rating behavior and comparing it to the behavior of other people like us. eBay and Amazon assign ratings to sellers and reviewers respectively, based on whether other members in the community had a good experience with them. On the day of the 2008 US elections, the Obama campaign was able to assign trimmed down telecalling lists to volunteers by ticking off the names of the people who had already voted.

The great thing about collective intelligence is that it becomes easier to extract meaning from a community as the size and strength of the community grow. If the collective intelligence is then shared back with the community, the members find more value in the community, and the community grows even more, leading to a virtuous cycle.

The4Cs Social Media Framework in Summary

So, the 4Cs form a hierarchy of what is possible with social media. As we move from Content to Collaboration to Community to Collective Intelligence, it becomes increasingly difficult to both observe these layers and activate them. Also each layer is often, but not always, a pre-requisite for the next layer. Compelling content is a pre-requisite for meaningful collaboration, which is a pre-requisite for a vibrant community, which, in turn, is a pre-requisite for collective intelligence.