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Let Your People Speak!

Earlier this week I wrote an article for SocialMediaB2B.com that made the case that last week’s IBM Watson Jeopardy challenge, in which an IBM computer thrashed the two greatest Jeopardy champions of all time, was the greatest B2B marketing campaign ever.

One reason I liked it so much is that IBM let scientists – instead of corporate suits – tell the story of their achievement. This was documented in more than 30 videos that IBM posted on YouTube as well as chat sessions and group Q&A interviews on the website reddit.com.

If you want to see the passion that the IBM scientists brought to this project, watch the 11-minute summary video that was posted shortly after the contest ended. It’s clear that Watson’s accomplishments were more than just a technology triumph. Researchers reacted as if their child had just graduated from Harvard. Their passion was contagious and genuine.

Why don’t more companies let the people who build and support their products come out of the shadows the way IBM did? In part, I believe it’s fear that people will do the wrong thing. It also reflects the time limitations that developers and engineers themselves often cite as a reason to stay in the shadows. Let’s look at each in order.

Tell Stories

Effective communications is about storytelling. Ronald Reagan taught us that. People don’t respond to statistics, feature charts and positioning statements the same way they do to other people. Entrepreneurs excite us when they share their vision, yet successful companies bury enthusiasm under layers of approvals and official spokespeople.
Rick Short, Indium Corp.B2B customers have intense information needs, and their questions are often best answered by the people who build and service the products they use. Some companies understand this. One of my favorite stories from Social Marketing to the Business Customer is Indium Corp., which built a constellation of search-optimized blogs that put their engineers directly in touch with the people who buy their highly specialized products. Result: 600% jump in leads in six months. Marcom Director Rick Short (left) says his job is to “get engineers talking to customers and then get out of the way.”
Do unofficial spokesmen sometimes say the wrong thing? Sure. Does it matter? Not really. Corporations are far too sensitive to the indiscretions of individuals, which usually can be sidestepped with an apology or explanation. A couple of hours of media training does wonders.

Blogs Are the New Trade Show

The issue of time commitments and availability is valid, but usually overstated. Many engineers are only too happy to write papers and travel thousands of miles to deliver presentations, yet writing a 500-word blog entry or recording a how-to video is seen as overwhelming.
There’s a contradiction here. Engineers naturally like to share, and they know that conference presentations are good for their careers. Contributions to the company’s social media programs potentially reach a much larger audience than a presentation at a trade show. They go to the trade show because that’s what’s always been done.

I wish more corporate marketers would adopt Rick Short’s philosophy and see themselves as facilitators rather than spokesman. They should be the ones urging recalcitrant executives to draw contributors out from behind the curtain. They should have the statistics to demonstrate that the blog reaches a larger audience than the trade show. They should be the ones positioning customer communications as a privilege, not a chore.

The best way to encourage individual contributors to participate in your social media programs is to celebrate them. That doesn’t have to cost a lot of money. Recognize contributions to the corporate blog in your employee newsletter, or hand out awards for the most prolific or creative contributors every quarter along with a small gift certificate. When people see that their involvement is good for their careers, they quickly come on board.

Lots to Tell About B2B Social Marketing

When you have a book to promote, you somehow manage to be everywhere at once! Eric and I have had a great time these last few weeks evangelizing the idea that business-to-business markets really are different from B2C markets and deserve their own tactics and tools.

Tip of the Week: Free Twitter Seminar

Last week I presented a two-hour webinar for Alpha Software on how to use Twitter for business. Alpha gave me the video feed for the whole program, so I thought why not share? So if you go to the presentations page on my website, you’ll find it at the top. All two hours’ worth. Judging by the number of people who stayed online for the whole talk, it must be somewhat useful. There are a lot of other presentations on that page that you can also view and download.

Just for Fun: Atlas Obscura

In a town called Lluvia de Peces in Honduras, an amazing thing happens once or twice a year. A large storm rolls through with heavy rain and after it’s gone, the the streets are full of flopping live fish.

At the Dittrick Museum of Medical History at Case Western Reserve University you can find the largest collection of historical contraceptives in the world, more than 1,000 items.

In southern Arkansas, they’re still trying to figure out the mystery of the Gurdon Light (below), an eerie white-blue, sometimes orange, glowing orb that moves through the trees. Some say it’s the lantern of a railroad worker who fell on the tracks and was beheaded.
These and thousands of other odd, obscure and wondrous places around the world are documented on Atlas Obscura, a travel wiki of breathtaking scope. Want to visit the geographical center of the lower 48 states? It’s two miles northwest of Lebanon, Kansas. A small stone pyramid marks the point. That’s one of 150 listings in the category of “Geological Oddities.” Altogether, I estimate Atlas Obscura has nearly 4,000 entries, many with a considerable amount of background information. It’s impressive, absorbing and often pretty weird.

CareOne Cashes In On Community

CareOne Debt Relief Services contends with a business climate that few of us (thankfully) have to face: Its industry has a terrible reputation.

CareOne logo

That industry is debt relief, a field that many people associate with fast talking pitchmen on late-night infomercials. But there’s nothing underhanded about CareOne, a nine-year-old company with 700 employees and a philosophy that “There’s no reason to be ashamed of being in debt,” according to Social Media Director Nichole Kelly (below right).

A busy online community has been a remarkably effective engine of growth. By enabling customers to freely exchange experiences, CareOne helps shatter suspicions that dissuade people in debt from seeking professional help. In fact, the conversion rate of prospects who have signed in to the CareOne Community is a remarkable seven times higher than that of non-members.

That claim, which is one of several ROI metrics cited in a summary of the company’s social media successes, sounded so extreme that I gave Kelly a chance to qualify the numbers when I spoke to her recently.

Nichole KellyShe would do no such thing.  CareOne actually takes a disciplined approach to figuring ROI, she said, using control groups and thousands of data points. Not only do community members convert at dramatically higher rates, but the boost in sign-ups is only one of several business benefits CareOne has realized from its customer community. But more on that in a minute.

Happy Accident
The 1.4 million member community was actually an accident. It was created five years ago as a way for CareOne employees to share advice about their own debt issues. A few outsiders stumbled upon the site and joined the conversation. It turned out that they were a rich source of prospects.

Debt is a touchy subject. Most people don’t like to admit to financial problems, but they crave solutions, often desperately. CareOne discovered that customers who engaged online were far more likely to seek professional help than cold-called candidates. “It’s real customers telling each other that the program works,” she said.

CareOne’s approach is a good example of soft-sell marketing. The site features numerous articles, worksheets and video tutorials about debt reduction. A recently launched video series called Financially Fit TV interviews personal finance experts. About 30% of visitors who register and tap into the free advice never become customers but “That’s fine,” Kelly said. “If they can get out of debt on their own, we’re happy to help.”

But more than 60% of visitors aren’t current customers, making them a lucrative prospect base. Word-of-mouth recommendations help drive inbound inquiries, and the presence of so much helpful information in the community lowers the barrier to conversion. It’s clear to casual visitors that CareOne is no fly-by-night operation.

Not that managing a community is easy. The number of active participants – or those who regularly contribute content – is in the sub-1% range. That’s not surprising for a topic that few people like to discuss publicly. However, lurkers invest a healthy five to 10 minutes per session and return frequently, indicating that the audience is engaged.

CareOne has invested time and money to encourage the minority who interact. Its busy Ask the Expert forums have certified credit counselors responding to inquiries. The experts are compensated for their time. A full-time four-person social media team manages the community and other social media programs, responding to questions, correcting misstatements and encouraging lurkers to come forth.

Active members are promoted and applauded. As in most online communities, a very small percentage of members contribute most of the content, but those people can become heroes to their peers. One popular blog, My Journey out of Debt, is written entirely by customers.

The Insight Dividend

In addition to the remarkable conversion rates for community members, CareOne has realized other benefits. For example, last year it detected a shift among its upper-income customers away from debt management plans and toward debt settlement relief. It adjusted its resource commitments accordingly.

Recently, “We noticed that a lot of our customers were one car breakdown or one illness away from bankruptcy,” Kelly said. “That changed the content we were delivering. We reduced our focus on frugality and began creating more content on dealing with life events.”

One of the more impressive aspects of the whole effort is the company’s focus on ROI metrics. Kelly ticks off her favorites: cost per conversion, cost per acquisition, customer value, customer profitability and retention rate. Nothing about hits, followers or comments. Those aren’t financial metrics.

CareOne ROI metricsCareOne is focusing on the right stuff. The section headlined “CareOne + Social Media: The Measurement” on the successes page devotes substantial attention to five challenges of measuring social media ROI. In all cases, it focuses on bottom-line drivers.

Customer communities aren’t for everyone, and in the age of Facebook and LinkedIn, you actually need a compelling reason to start your own. The ability to build detailed audience profiles, customize services for individuals and maintain a level of confidentiality were good reasons for CareOne to choose the path it did. The company clearly cares about bottom-line return, and by being able to track individual visitors through their various interactions with the company, it has shown some impressive results.

Jason Falls has an excellent profile of CareOne Community here.

Answers to Common Social Marketing Questions

Lately, Eric Schwartzman and I have been participating in a lot of online events about B2B social media marketing, and there are invariably more audience questions than we have a chance to answer. So we’ve been posting our responses through the good graces of our hosts. Here are a few you might have missed:

Frequently Asked Questions about B2B Social Media (Marketo)

  • Should I use a personal Facebook page for business?
  • How do I encourage participation in my corporate blog?
  • Should a small B2B company to have a Facebook fan page?
  • And more…

Twitter Questions Asked…And Answered! (Part One)

  • What about using corporate versus personal employee accounts?
  • How can I reach people who tweet about a topic that’s relevant to me?
  • Should you tweet differently for a B2B versus a B2C audience?
  • And more…

Twitter Questions Asked…And Answered! (Part Two)

  • How do you grow your following on Twitter?
  • What do you think of scheduling services like HootSuite?
  • How do you handle people who tweet negatively about your business?
  • And more…

Tip of the Week: Nimble

Nimble logoI usually devote this section to services that are publicly available, but I’ll make an exception for Nimble, a social CRM tool that I’ve been using in beta release for several weeks. Nimble was created by Jon Ferrara (below right), the founder of the legendary GoldMine sales automation software. After cashing out of Goldmine and taking several years off, he is back with a CRM tool that makes social connections an essential part of the contact management equation.

Jon Ferrara, NimbleWith Nimble, you can import your address book, Facebook and LinkedIn contacts into a single record and associate people’s activities in those networks – as well as Twitter and your inbox – in a single place. So if you’re making a call on a prospect or customer, you can quickly consult the personal or company record to find out what’s been happening in their lives or careers.

In its current form, Nimble still needs work, but the enhancements I saw previewed this week add a lot of power. In this next release, the software will automatically discover a contact’s social media footprint and even create an integrated news feed so you can see what all of your contacts are saying across all platforms. This is where I think social CRM has power. It can give you insights that lead to better engagement.

Ferrara told me he plans to make Nimble free to individual users and charge for corporate licenses. You can sign up now for the beta invitation, and I expect you’ll get an invitation soon. I’ve never used CRM software before, but I think I’m going to start.

Just for Fun: Icons of Progress

Bar Code from IBM 100 Icons of ProgressThis week’s selection isn’t so much fun as really, really interesting, particularly for history buffs like me. IBM is celebrating its 100th anniversary this year, which is quite an achievement in a world in which the average life expectancy of a multinational corporation is between 40 and 50 years. One of the many ways in which Big Blue is marking the centennial is with a historical retrospective called 100 Icons of Progress. This site will be regularly updated with historical information about technologies that changed our world.

IBM’s just getting started, but the accounts of how innovations like the floppy disk, the IBM 1401 mainframe and the universal product code came about are mesmerizing. Check back regularly as new icons are added. And if you want to know what was the first product ever scanned by a bar code reader, find the answer here.

Innovation Flourishes When You Give Up Control

I recently attended a fascinating presentation by George Faulkner, Advanced Communications Professional at IBM and de facto leader of the company’s internal podcasting initiative. George Faulkner, IBMPodcasting has succeeded within IBM largely because the workforce is so distributed; some 40% of IBM’s 400,000 employees work primarily outside of an office. The initiative was launched much more recently than the company’s blogging campaign, but it has raced ahead of blogs in popularity. Podcasts are now second only to wikis as a tool for internal communications.

IBM’s internal podcast program has more than 100,000 unique members and 12,000 files. The medium’s popularity has grown despite some rather onerous regulatory requirements. For example, IBM must transcribe the contents of any executive interview. No matter: Thanks to individual initiative and a corporate hands-off policy, it’s the employees who are spreading the good word.

One of the first successful podcasts at IBM had no ROI at all. It was a battle of the bands, featuring groups composed of IBM employees. The show ran for 35 weeks and IBMers lobbied for an opportunity to be featured. “That was the moment I realized this wasn’t about knowledge-sharing; it was about community-building,” said Faulkner, who produced the program.

IBM’s story has some important insights about how new technology can be effectively spread throughout an organization. In this case, the company never demanded that its employees use podcasting. Instead, officials sanctioned the project and simply allowed anyone who was interested to start playing.

It’s the “playing” part of the equation that’s so important. Many of the most productive technology innovations of the last 20 years have come about because business professionals were allowed to experiment, even if their activities didn’t have any apparent business benefit. The popularity of the Internet itself came about in large part because executives saw their kids playing with AOL and recognized applications to the business.

This phenomenon is happening right now with social media inside many organizations. Employees use the tools to share their individual interests and areas of expertise. Corporate marketers watch and cherry-pick the best ideas to promote to the outside world. Once executives give up on the idea that they have the monopoly on innovation, innovation truly flourishes. That’s when we find the business value.

Faulkner cited the example of one executive who used to hold a weekly conference call with 500 people spread across the globe. A live call of that scale is simply impractical, and no-shows were a problem. So the exec switched from a phone conference to a weekly podcast. The move doubled listenership. Now road warriors and people in distant time zones can tune in at their leisure.

IBM now routinely podcasts news for investors and periodically uses the medium to showcase customers and executive perspectives on developing trends. Many of the sessions from the 2007 Lotusphere conference are available as podcasts.

For businesses that are still treading carefully with social media, these internal experiments can be a great way to get the ball rolling.

Click here to read George Faulkner’s prepared remarks.