All posts by Mary Yolanda Trigiani

Experience: professional services, boards, strategy, accounting, consulting, investment management, banking, technology. Ethic: urgency, efficiency, candor, humor, spirit.

Social media and business strategy: The website

Part 1 of 3.  The KickApps seminar I attended last month yielded a wealth of information, from both advisors and corporate marketing people, about what to do with social media if you're a company.  For the next three posts, I'm sharing what I took away from the afternoon.  [To become a member of KickApps own social network, click here.  You'll be able to watch the videos of the seminar presentations.]

These brief points are compiled from the excellent presentations made by Alex Blum of KickApps, Dylan Boyd of eROI, James Mastan of Blue Rain Marketing, Jeremiah Owyang of Forrester, and Sandy Carter of IBM. 

Three reasons to incorporate social media into your market and website plans

  • It enables deeper engagement with your community.

  • It automatically makes your digital footprint more dynamic.

  • It's cost effective.  In many cases, existing staff can easily participate, and many of the networks are free.  And the money you budget will buy a lot more than traditional media buys.

Understand what social media is doing to the website and cyber communications

  • Registration pages are going away, to be replaced by social
    features that capture information in a way that is useful for the
    visitor as well as the company.  Any contract-esque feature will become
    informal and behavior based, not statement based.

  • Email will begin to merge with a social inbox

  • Branding will become more contextual — in the context of the user's point of view, mindset and purpose

  • Your product and brand will achieve relevance based mostly on its
    usefulness to the customer — and much of that will be gauged not in
    terms of the information you gather via interrupting the experience,
    but in the information you share through the experience of using your
    website
  • Be ready to go where the most customers are — to the most popular
    areas of the website — not necessary where you think customers should
    be
  • Aggregate conversations and behavior to make the user experience more valuable to them and to the company

Manage your risks

  • Privacy

  • Noise

  • Insularity around narrow interests

Social media and business strategy: What I learned from professional services marketing

Traditional, conventional business strategy has relied upon one kind of marketing for decades:  broadcast.  The advent of social media is doing more for what creative marketers have advocated for years — the actual engagement of each and every stakeholder in a conversation, or a debate, or a brainstorm, not a one-way blast.  But traditional marketers are afraid of anything they cannot control, so most are still waiting for the pioneers to show why we should embrace social media instead of fear it.

I think the real problem is that traditional marketers, some leaders among them, are actually threatened by the fact that social media is making it possible for communication between a company and its stakeholders to occur independently.  You can just hear them asking, "what about my job?"  Well, this post isn't for them.  Or for anyone who believes that the best route to job security is to keep corporate marketing in the dark ages.

I was fortunate to have learned marketing not in a college classroom or a consumer conglomerate but in what some would have considered a stuffy sanctum, the executive suite of an accounting and consulting firm.  The longer I'm at this, the more I appreciate my unconventional background.  It has given me the fuel to look at every new innovation, real or trumped-up, with an eye to what it will do for the relationship between my clients and their stakeholders.  Because relationship is where it's at with professional services.

This is the first of a couple of posts I'm planning about social media and the corporate marketing function.  I'm inspired by a couple of things right now:  my work with startups and the need to look at every penny spent on marketing, and an afternoon I spent this week as the guest of KickApps at a really terrific seminar they hosted for their clients, potential clients and the social media community.  It's great and it's fun that companies like KickApps even exist.  Great because it's about time the best marketers create firms like this that really help companies maximize their involvement in the worldwide web — fun because marketing is going to be fun again, thanks to the early case studies to which we were exposed.

Before I go into sharing what we learned this week, though, here's what it made me remember, courtesy of my still-relevant experience at Andersen Worldwide.

  1. The best marketers are not parked in the marketing function, they live at the front of the company.  This means all employees.  They are the actors, not just the symbols, of the brand.
  2. Relationships are the most meaningful platform for marketing.  When you look to establish a relationship with a customer or an influencer, like a journalist or blogger, you get yourself out of the sales or publicity mode and into a real conversation.  You learn what interests them and what they need.
  3. Whether a sales cycle is long or short, establishing a relationship depends upon understanding what the customer [or stakeholder] really wants, not what you want them to think or do.  You build a brand by understanding what your people and your products or services can do for the stakeholder, not how much money you can make from the relationship.  The money — and the success — will follow organically and easily.
  4. The best marketing happens face to face or one on one, which means that the social network is perfect for building and sustaining a relationship.  What we have today is akin to what we had yesterday — a means to connect over content.  It's perfectly fine that the connecting happens via digital correspondence.
  5. Authenticity will out.  You cannot fool all of the people all of the time.
  6. Some of your best ideas will come from listening to what your critics, including dissatisfied customers, say.  Whether it's about your company or someone else's, or even if it's about you.  Play on a team of rivals.

Web 2.0 Expo: Transparency — and how tech can fuel it — a primary theme

I'm one of a group of bloggers attending the Web 2.0 Expo in downtown Francisco this week.  We just sat down for a conversation with Tim O'Reilly, and since I have a particular interest in the topic of transparency — originally for corporations and now for government — I was interested in hearing Tim tell us about his escalating interest in how things work in Washington, DC.

He cited how Carl Malamud turned over what was originally a
non-government project, the SEC EDGAR database, to the SEC after developing
it – and that this was the first of what could be many such
endeavors. Technologists creating solutions and tools for
transparency. Some view this as a disruption, including O'Reilly –
who, of course, believes this is necessary and useful.

This is a nation born in revolution, so disruption is in our DNA.
O'Reilly's interest in this topic – and the prominence given it at
this conference – reflects the mood of the country, when we're not
over-thinking our checkbooks: that we are in need not just of
revolutionary thinking but of deploying specific skill sets to
revolutionary acts. In our case at this conference, it means
considering how best and where to deploy technologists to help our
regulatory infrastructure rewind itself back around the entire
populace – not just the folks who have made it their business to
influence and run our government.

I always bristle a bit at the use of disruption as a description
for change – it sounds negative to me. The introduction of
new ideas and new methods is of course a disruption – but to
position it that way is a bit confrontational – especially when
people are feeling challenged as it is by the inevitable
improvements.

I see this with clients frequently – it's what we used to call
[and I still call] change management. Sometimes even when people
understand and want change, they fight it or challenge it. I'd like
to think that introducing more technology into the way the US
government operates can happen without the fight or the resistance.
But it probably won't.

So let's call it disruption if we must. And let's get comfortable
with it. It's a return to our roots – and I'm all for technology
being the means for this particular revolution.

Web 2.0 Expo: A very quick look at each track

Read this blog post by Janetti Chon to learn more about each track of this year's expo.  They are:

  • Strategy and business models
  • Marketing and community
  • Design and user experience
  • Fundamentals
  • Development
  • Web operations
  • Mobile
  • Security
  • Web 2.0 at work
  • Government 2.0

Right now, I'm most interested in the design and user experience and government tracks.  My ticket gives me two tracks, so I'll decide closer to the conference.  One of the keynotes I plan to attend is about tech gear.  Patrick Norton and Veronica Belmont of Tekzilla will deliver a review of the latest gear plus tips on how to improve the stuff we own already.  This one is happening on Thursday, April 1 at 3:30.

Web 2.0 Expo: Adding a track on government

With a BA in government, you might say it's been a lifelong avocation to observe the workings of our republic.  And my academic studies certainly had an influence on my work a few years ago in the area of corporate transparency.  [I was either too early or too late.]

So in one of the notes we bloggers received today from the Web 2.0 Expo team, I was interested to see that they've added a track in government.  Here's the story, from Janetti Chon.

The Government 2.0 track
seeks to help the Web 2.0 community understand how they can bring their
skills and knowledge to bear on this critical problem, whether as
individuals seeking to enable change or companies looking for a new
business opportunity.

A related agenda opportunity is a hackathon sponsored by Sunlight Labs.  Here's that story.

Sunlight Labs is an open source development team that
builds technology to make government more transparent and accountable. Part of
the non-partisan Sunlight Foundation, they are one of our favorite
organizations, so we’ve invited them to host a hackathon at Web 2.0 Expo, where
attendees build an application that promotes transparency in government. You
can vote now for the application you want to build (or think needs to
be built). We’ll post an update on Web 2.0 Expo’s blog when the
project is selected. We welcome you to join our on-site hackathon – stop by to
help out for an hour or a day, contribute to rebuilding our democracy, and meet
some great folks!  Open Tuesday 9am-6pm,
Wednesday & Thursday 9am-5pm.

Meanwhile, I'll be announcing a special offer for Web 2.0 Expo in the next few days — stay tuned.