A sōsh blog

Content Is King

In my last post I talked about the importance of (online) conversation for brands and the value that it provides. But don’t get me wrong — it’s not merely ”talking” that we’re doing. The naysayers of social media will say that it’s all gibberish and small talk; how can you actually be building your brand like that?!

This is where content comes in. What are you sharing with your fans? Why should they look at it? Why should they talk back? Believe it or not, what you’re sharing with your fans really does make a difference. Let’s think about it in terms of value. Why do you do engage in certain activities? Because you believe, in some way, engaging in that action will provide you with some sort of value, something you didn’t have before. Talking with your friends, going to work, buying something new: all these actions provide you with something you didn’t have before.

What, then, is the magic formula for businesses who want to keep their audience/following engaged? I call it The ‘three Cs’: Constant, Compelling Content. OK, it’s not really three Cs…it’s really not even two Cs (give me a break, will ya!). However, regardless of the label or distinction, I’ve found this is one of the best ways to describe what brands should be sharing with their followers.

Think about it. What is the best way to both gain and retain fans online? Make sure you’re giving them something that will benefit them and make sure you’re giving it often. Yes, it’s true that some of your content may (read: will) be slightly less compelling — at least to different people. For example, for a food manufacturer or retailer, tweets containing coupons may (read: will) be more valuable to some people than other, just as other fans or followers will adore the signature recipes you’re sharing with them and others, yet, will simply await the clever tidbits of language you construct. This is what people will interact with. This is what people will share. And that is one of the many ways an online presence can dramatically increase brand awareness. But it all starts with the content.

A professor once told me: “Just give me what I want and I’ll be happy.” Isn’t that really all that people are looking for? They want something that is valuable to them, something they can use, something that can make them more knowledgable, something that they find funny. It’s that simple. So, what have you been sharing lately?

I recently read the article “Why We Need Less Talking, More Actual Marketing” by Ken Wheaton. What I was most surprised — almost dumbfounded — by was his complete misunderstanding of, in his words, “Social media, conversation, whatever you want to call it.” Wheaton says that conversation (social media) might be able to build personal brands but that it fails when it comes to actual brands. He claims that, “Only solid products and smart marketing will.” It’s very interesting that he separates “products” and “marketing” here…but we’ll get to that later.

So what is Wheaton really arguing? He gives three examples. First, Wheaton points to TimeWarner and USAA who he applauds for having attentive and impressive social media working for them. However, he then goes on to say that TimeWarner’s great Twitter presence in the New York area didn’t stop him from switching to DirecTV (after all, you do get every NFL game free, included in your DirecTV package…) and that Twitter didn’t even exist when he switched to USAA — that, instead, it was “horrible service from other banks intent on nickel-and-diming customers,” that made him switch. Wheaton’s third example is a brand we all know well: Apple. He goes through a list of potentially objectionable events, which Apple was involved in, but then goes on to say that we didn’t really care about any of those instances when it came to buying Apple products. Why? Because, Wheaton says, “…what Apple did do is meet consumer needs.”

And, in this, he is precisely right. Why is he correct? Because, throughout these three examples, we see the same trend pop up. Product is paramount (surprise, surprise). And it really is — what is the biggest thing that will make people buy your product (and keep coming back)? “Marketing” can only get you so far; marketing can only get people in the proverbial door. Marketing doesn’t make sales. Superior products make sales. Laurie Fallucca, vice president of marketing for Palermo Villa, Inc., the parent company of Palermo’s Pizza, a national frozen pizza brand based in Milwaukee, Wisconsin, talked about the importance of providing quality to your customers in a recent interview with BizTimes Milwaukee. “The best advice I ever received was to make a quality product that you would not think twice about serving to your own family.” She said, “When was the last time you ever regretted buying the very best?”

Now, traditional marketers will probably disagree with me. After retweeting the Wheaton article and expressing my dismay at its subject matter, I had a Twitter discussion with a marketer about what ”marketing” actually is. She pointed to a long marketing mainstay — the four “P’s”. They are, of course: product, price, promotion (communication of the marketer in the marketplace) and place (getting the product to the consumer). So, most marketers (and I’m assuming Wheaton, as well) would then ascribe to the idea that product is marketing. But is it?

First, we can look at Wheaton himself…even he separates “product” from “marketing” — not once but — twice throughout the article. Second, we can look at the three examples he presents in order to, essentially, denounce the effect of social media. In the cases of TimeWarner/DirecTV, USAA and Apple, all of his complaints/praises were product-based. A better cable package, better customer service (yes, still product) and “meeting consumer needs” with better computers, the iPod, iPhone and iPad. None of his examples even touch on any other “facet” of marketing. Finally, let’s do a real-world analysis that doesn’t take any of Wheaton’s assertions into account. Out of the four “P’s” (product, price, promotion and place), what does a traditional marketing department/agency really have control over? Promotion? Of course; this is their main function. Price? Yes, it is often the marketing department that proposes a certain price-cut or special in order to drive sales. Place? Yes, marketers research target markets, etc. and then are able to recommend where to place the product! That’s the thing — most marketing departments, and certainly agencies, have little to no real effect on the quality of the products they are “marketing”. That’s why most companies have both a marketing and a product team.

So, if we’ve distilled the argument down enough to agree that we are actually arguing, not for more marketing, but for better products, then I completely agree (and, I hope, Wheaton would too). This is where the catch is: social media adds a great deal of transparency to your company and your products. If you want to “re-brand” you actually have to re-brand, you can’t just make new ads that say you are. But if you have a product you believe in, this is where social media and conversation can add true value. How else do you educate people about your great products than talking about them and, in turn, hoping that other people start talking about them too? At a time where we have an unprecedented access to extremely rapid and far-flung communication, what better way to reach people? You can reach people all over the country (or world, for that matter) with the click of a mouse. Yes, I agree with Wheaton, to an extent, that social media is only a piece of the puzzle — but, “oh my!”, is it a big piece. And it’s just getting bigger.

This infographic from Mashable shows the shift that is happening right now from traditional media, advertising and marketing to the social web. Some of the most telling numbers: 44 percent of direct mail is never opened, 86 percent of people no longer watch television commercials and 84 percent of 25 to 34 year olds have left a website because of an “irrelevant or intrusive ad.” People are buying XM radio instead. Ninety-one percent of users have unsubscribed to a company’s email they had previously opted into. What people are saying is, “I’m fed up with being bombarded with useless ads!” They want something real…and, like it or not, conversation is real. Both B2C and B2B companies are using social media in extraordinary and revolutionary ways in order to get more business and increase their sales.

The bottom line, which a commenter on Wheaton’s piece pointed out, is that, “[his] experience with a sponsored tweet [isn't] any different than one with a traditional ad that you could have just as easily ignored. ” No type of marketing is a sure-fire way to generate sales…that’s why it’s called marketing and not sales. The advantage, however, that social media gives you is that you’re building real relationships with your (potential) customers. It might not work right away — but that’s how relationships go, isn’t it? Just keep talking, keep listening and maybe, just maybe, you’ll earn their trust. And I’ll take that over a one-time sale any day.

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