Posts Tagged ‘Snowsports Industries of America’

It Is Still Your Gut

 

 

Recently, while talking with executives about social media, I got three different messages from them:

1. I get it and we are building our social media presence. 

2. I don’t get it and until somebody shows me the money, I’m not gonna get it. 

3.  I know that we need to get on top of the social media thing, but I’m not sure if it will do us any good. 

 

Ok. Here is what social media data can do.

1. With the proper analysis, it  provides insight and justification for your major decisions.

2. It gives you the truth. And remember, every post, whether good or bad, has a good deal of truth to it.

And your “truth” and their ”truth” may be completely different. Not the same picture at all.

3. It gives real-time feedback on the performance of your products.

4. It provides trending information, which will be a leading contributor to upcoming sales forecasts.

 

Here are some things that data cannot do:

1. It can not make decisions for you.

2. It should not be  manipulated. If it is, it will be at great risk to your company and your career.

3. It cannot be your friend. When data says the momentum is good, it doesn’t care. When momentum is bad, it doesn’t care.

4. It cannot be ignored. Data is direct from are your customers, your life-blood. Ignore them and you ignore the performance reviews of your products. It is the beginning of the end for your company in the 21st century.

 

I say these things because recently there has been too much emphasis on both the power of social media and the weakness of social media. Both are true.

 

Social Media Reporting becomes a competitive weapon when you:

1. measure correctly

2. analyze

3. deliver the data in a way that senior managers can understand and compare to performance in other sectors of the enterprise.

And when data is delivered this way, it is still your gut, but with more ammunition.

Paul Kirwin

Paul Kirwin, Founder and CEO of Channel Signal

Choose Two

320px-Project_Triangle.svg

Channel Signal loves the article Real Time, Real Discussion, Real Reporting-Choose Two by Tech Crunch. This, of course, is a take-off on the old adage: “Do You Want it Cheap, Fast or Good. Choose Two.” Here’s the article.

Choose Two of These

Author, Devin Coldewey, explains that there is only so much that a certain channel of media can provide. Twitter is real time discussion. Broadcast media is real-time reporting. (NBC, CNN, ABC radio,etc). Print and other delayed media is delayed reporting and discussion. (NY Times, etc.) All media is quickly evolving, but for the moment we believe these premises basically hold true. The author points out that blogs, in this mix, are the wild cards. They can be real reporting, real-time discussion and delayed reporting and discussion.

Here’s a new perspective on the premise of choosing two.

Twitter- Real-time discussion. Blogs-Thoughtful analysis. Facebook-Customer engagement and storytelling. Choose two.

We believe a company should engage in just two. Concentrate on doing one very well, and support it with the second channel. For example, concentrate on Facebook but support it by broadcasting its content through Twitter. Or concentrate on Twitter but provide in-depth commentary of the conversation flow via a Blog. What channels are chosen should be matched with what best reflects your company’s voice.

Here’s the run-down of the three major Channels.

Twitter. The commitment to real-time discussion is time consuming and its demands are relentless. A company must assign a person to Twitter and that person must not only tweet (and make sense) , but retweet great content, and stay up with the conversation. Zappos has done real-time conversation very well by encouraging all employees to tweet. This strategy is revolutionary because many Zappos employees are broadcasting and a part of the brand’s collective voice. This requires that a company let go, something many brands can’t do. I attribute the Zappos success to the CEO, Tony Hsieh, who has provided the freedom for employees to talk, engage and make mistakes…all in real-time.

Employing Facebook means your employees and your customers are engaging in storytelling. This is really a scrapbook about the customers who have stories to tell about their experiences with a brand’s products and events. The brand needs to provide the products and events…and then encourage consumers to tell their stories on its platform. Time intensive again. A brand must respond to customer stories, encourage them, and, at times, reward great storytellers with product. A brand should assign several employees to this task. They speak for the brand, are encouraging, provide content which sponsors reaction, and customer interaction. Vibram does a great job on its FiveFingers FB page. 70,000 friends and growing. Customers who are now barefoot runners go to this FB page because it is a true community. Vibram FiveFingers

Blogs. Thoughtful analysis. Again, time intensive.  They must, at times be controversial, edgy and logical. It takes work, and guts.  Here’s the problem. Many in senior management have accepted the challenge of a blog for the company website only to find that they don’t have the time to devote to it. Or they don’t have the writing talents or thought processes to engage readers. Consequently, many of these blogs have fallen by the wayside. Or the posts degenerate into a pep rally for the brand, which is boring for everyone. A rock climbing blog we like is this one: rockclimbergirl. Sara Lingafelter does a good job of covering the climbing landscape and occasionally takes on tough topics with an honesty that is refreshing.

Why not include YouTube,Vimeo or the other video platforms as channels?  Because they can be easily incorporated into the other three major platforms.

So, choose  two. Real-time discussion. Storytelling by your customers. Thoughtful analysis. Why no more than two? Because most brands engage in all three but invest the human resources to do a good job on just one, with another channel as support.  And one channel normally fits the brand voice the best. Engaging in a second platform will push and pull viewers to the primary communication channel.

Paul Kirwin

Paul Kirwin, Founder and CEO of Channel Signal

All of the Noise

noiseChannel Signal has been bombarded lately with noise. Now, part of our job is to filter noise and there is much to filter: worthless posts like “Just on my way to work. What a beautiful day. Wearing my brand sandals.” or “50% discount here on all brand product. Buy. Buy. Buy.”

I would say of the 400-600 posts a day that we receive for each of our clients about 80% is noise.
And when we send it through our second “human” filter we filter out about 80% of that and deliver only about 20% of that to our clients.

Recently, there is a new type of noise, and it is just confusing the issue. This noise is all about the new software coming online to help companies sort through new media, help them develop content, and then help deliver content. Soon, there will be software that will write the content for you and all the brand needs to do is put its name here.

This improved software will help a company make new media easier, faster, more efficient and cost-effective.

Don’t believe it.

It’s just like the great Smith-Barney ads used to proclaim at the end of its thirty-second spots.
“We make money the old-fashioned way. We earn it.”

And you must. Brands must earn the respect of the Influencers in new media. Must earn a loyal following. Must earn a strong community. Sure it starts with the product; however, it doesn’t end there. That is only the beginning.

It’s the communication and feedback loops that you must now build. And yes, software packages can help; however, the basics can not be ignored. Here are some of the basics.

1. Pick just one channel and do it well. Not just by getting yourself up on Facebook, Twitter, MySpace, YouTube, and Flickr…and saying, “well, that’s that. Let’s talk about our product and see if we sell more.”

2. Sorry about this, but it needs to be said…because this is the phrase, “shit in, shit out.” Searching and receiving raw new media data, and not filtering and accurately assigning sentiment means a brand is getting crap. And now crap is being analyzed. And the analysis is crap. And management decisions are being made based on crap.

Channel Signal delivers “finished” data and this is data that is relevant and worth consideration by our clients. We then analyze that data, and measure it. Now management (and its pr/marketing partners) have clean data, a clean report, and good information to consider.

3. Engage. I come from a family of talkers. My Mom always used to say, “well Paul, if you aren’t listening and talking, then how will you know what others are thinking?” Brands must first listen, and then talk. Engage with good content, and then enter the conversation that it sponsors. And if doesn’t sponsor any talk, then change what you are writing about. Get them talking.

Publish and talk. Don’t be shy. New media is not the place for wall-flowers.

And, ignore the noise. An old African saying, “How do you eat an elephant? One bite at a time.”

Take this in bites. Choose a channel. Concentrate on it. Make it successful. And then use that knowledge to build.

And believe that this will be hard work. Building content that attracts a strong community starts with knowing your voice, your audience, and what they want. And that’s where “finished” data comes in. It is the feedback loop that allows you to accurately gauge, and correct.

It’s your compass in a whacky world.

Paul Kirwin

Paul Kirwin, Founder and CEO of Channel Signal