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Marketing Darwinism - by Paul Dunay
Business Intelligence, Data Analytics, Data Mining, Listening, Reputation Monitoring, Social Business Intelligence, Social Customer Service, Social Media

Social Listening: Harness Marketing Insights from Consumer Conversations

shutterstock_234298024

This week I moderated another Social Media Today webinar as part of their Best Thinker webinar series, this time on the topic of Social Listening: Harness Marketing Insights from Consumer Conversations. This webinar featured Kevin Hack (@kevinhack) head of Social Intelligence in Global Digital Marketing Advancement at The Hershey Company, Kendra Simpson (@Kfoley) Director of Communications at Kohler Company, Drew Neisser (@DrewNeisser) founder and CEO of Renegade and Will McInnes (@willmcinnes) Integrated Marketing Analyst at Union+Webster. This webinar was sponsored by Brandwatch. We discussed tips and tricks for finding and utilizing Social Listening in your organization!

Here are three key takeaways from the webinar:

  1. Customer Centric? – How can you declare that you are customer centric if you don’t do Social Listening!
  2. ROI of Social Listening – what’s the ROI of not listening to your customers – most likely it more than the cost of Social Listening
  3. Social to predict what’s next – more and more social is being used to find opportunities in product development or innovation

To get a copy of the slides or to listen to the replay, please click here. You can also scan the highlights of this webinar on Twitter by reading the Storify below.

Our next webinar is titled Storytelling Gone Wild: The Key to Creating Viral Content be sure to sign up for it or view the schedule of other upcoming webinars here.

February 10, 2016by Paul Dunay
Business Intelligence, Content Marketing, Conversational Marketing, Innovation, Listening, Reputation Management, Social Business Intelligence, Social Media

How Does Social Listening Change the Way You Do Business (and Create ROI)?

istock_stockyimages_listening

This week I moderated another Social Media Today webinar as part of their Best Thinker webinar series, this time on the topic of How Does Social Listening Change the Way You Do Business (and Create ROI)? This webinar featured Mikael Lemberg (@Lemberg) Director of Product Management at Falcon Social, Andrew Ashton (@AndrewLAshton) Digital Marketing Specialist, Pizza Hut and Greg Gerik (@ggerik) CEO at Gerik & Company. We discussed a ton of ideas on how to capture ROI or create impact using social media!

Here are three key takeaways from the webinar:

  1. The longer it takes you to collect your social media data, the less it will be worth to you
  2. Don’t just listen to social media for listening sake, listen to social media with purpose!
  3. Can’t get to ROI? Then at least be thinking strategically and always be looking for how you can use social data to show impact

To get a copy of the slides or to listen to the replay, please click here. You can also scan the highlights of this webinar on Twitter by reading the Storify below.

Our next webinar is titled The ROI of Influencer Marketing; be sure to sign up for it or view the schedule of other upcoming webinars here.

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January 20, 2016by Paul Dunay
Conversion, Conversion Optimization, Optimization, ROI

From Community to Commerce: Making the ROI Connection

ROI connection

This week I moderated another Social Media Today webinar as part of their Best Thinker webinar series, this time on the topic of From Community to Commerce: Making the ROI Connection. This webinar featured Meagan Fish (@iRobot) Global Social Media Manager, iRobot, Andrew Ashton (@@AndrewLAshton) Digital Marketing Specialist, Pizza Hut and Jordan Slabaugh (@jordanv) Vice President of Marketing, Wayin. We discussed a ton of ideas on how to capture ROI in social media!

Here are three key takeaways from the webinar:

  1. Social Media has gone mainstream ow so you should be measuring social media in the same way that you measure any other marketing investment
  2. Match your CRM data with social data to start building out a clearer picture of your audience and be more relevant to them
  3. There is no ROI in social without the “I” – so that means you have to make in investment to get in ROI

To get a copy of the slides or to listen to the replay, please click here. You can also scan the highlights of this webinar on Twitter by reading the Storify below.

Our next webinar is titled Making the Case for Employee Advocacy At Your Firm; be sure to sign up for it or view the schedule of other upcoming webinars here.

 

November 13, 2015by Paul Dunay
Business Intelligence, Communities, Conversational Marketing, Customer Experience, Customer Support, Optimization, Real Time Marketing, Social Customer Service

Leading Companies for Customer Service, On and Off Social

index

Recently I moderated another Social Media Today webinar as part of their Best Thinker webinar series, this time on the topic of Leading Companies for Customer Service, On and Off Social. This webinar featured Jason Kapler (@jasonkapler) Vice President of Marketing at LiveWorld, Dan Gingiss (@dgingiss) Head of Digital Customer Experience and Social for Discover Card and Kristina Libby (@KristinaLibby) Head of Consumer Communications at Microsoft. We discussed a ton of ideas on how customer services on and off of social need to scale.

Here are three key takeaways from the webinar:

  1. Customer Service on Social needs to Scale – with all the tools out there is pretty easy to get started in customer service via social media the real trick is knowing how to scale a program to include a tool that can do routing and tracking so nothing gets lost in the shuffle.
  2. Social customer service won’t fix a bad customer service program – while social customer service sounds great if your underlying program for customer service isn’t great – social won’t fix that. Focus on the core program and get that right before scaling to social media.
  3. Reporting success of your customer service program – be sure to frame your results in a way that is meaningful to the business and not just focused on how you won over a unhappy client.

To get a copy of the slides or to listen to the replay, please click here. You can also scan the highlights of this webinar on Twitter by reading the Storify below.

Our next webinar is titled How Social Data Powers Customer Experience; be sure to sign up for it or view the schedule of other upcoming webinars here.

September 17, 2015by Paul Dunay
Advertising, Behavioral Targeting, Big Data, Branding, Content Marketing, Customer Experience, email Marketing, Inbound Marketing, Interactive Marketing, Lead Generation, Lead Nurturing, Personal Branding, Social Media, Strategy, Thought Leadership

4 Stages of a Thought Leadership Maturity Model

thought-leadership

Here is a great piece on the maturity of a company’s Thought Leadership program by ITSMA.

Last year I was asked by ITSMA to collaborate on this piece with them. They also tapped into companies like Deloitte, E&Y, IBM, Coginzant, SAP and more.

What came out is quite interesting for any company looking to take their thought leadership program to the next level. Here are a few points I pulled out to highlight for you that can help you make the case internally:

  • 79% of would-be buyers say thought leadership is important to critical to determining which providers they want to learn more about
  • 75% of would-be buyers say thought leadership helps them determine which buyers to put on their short list
  • Traditional format for thought leadership has been the white paper but in this era of digital and social that isn’t enough
  • To reap the benefits of a thought leadership program you must have SME’s that are recognized outside of your company
  • Interaction with SME’s in social media improves the ability to communicate key thought leadership ideas

Click here for a full copy of the report on the 4 Stages of a Thought Leadership Maturity Model

Enjoy!

July 1, 2015by Paul Dunay
Big Data, Content Marketing, Data Analytics, Interactive Marketing, Leadership, Listening, Monitoring, ROI, Social Media

Integrating Listening Into Your Platform for ROI

show-me-the-ROI-resized-600.jpeg

This week I moderated another Social Media Today webinar as part of their Best Thinker webinar series, this time on the topic of Way Beyond Listening: Integrating Listening Into Your Platform for ROI. This webinar was sponsored by Synthesio and featured Brian Melinat (@brianmelinat) Director of Marketing Analytics within Dell, Kristine Vick (@kristinevick) Principal in the Digital and Content team at SAS, and Ben Lapidus (@benlapidus) Senior Sales Engineer at Synthesio. We discussed nine ways companies have found to connect social media to revenue and ROI.

Here are nine ways to connect Social Media to Revenue and ultimately ROI

  1. Map your social activities to all 4 stages of a customer journey: Awareness, Acquisition, Activation and Retention
  2. Connect social media to all marketing campaigns to gauge response
  3. Connect social media to SEO activities to increase SEO
  4. Plot your social media sentiment against your NPS scores
  5. Provide delightful customer support
  6. Listen for Lead Gen opportunities
  7. Use social for new product ideas
  8. Use social media to vet pricing of new products
  9. Use social media for M&A ideas in your product lines

To get a copy of the slides or to listen to the replay, please click here. You can also scan the highlights of this webinar on Twitter by reading the Storify below. Our next webinar is titled To LinkIn or Not to LinkIn: Getting Ahead of Your Competitors with Innovative Strategies; be sure to sign up for it or view the schedule of other upcoming webinars here.

 

June 10, 2015by Paul Dunay
Social Media

Connecting Your Enterprise: Collaboration at Scale

doppler-musicians-tech-audience

Last week I moderated another Social Media Today webinar as part of their Best Thinker webinar series, this time on the topic of Connecting Your Enterprise: Collaboration at Scale. This webinar was sponsored by Tracx and featured Nolan Carleton (@ParsleyCarleton) Lead Consultant Program Execution at AT&T, DeShelia Spann (@DeSheliaSpann) Digital Marketing Strategist at Eaton and Danielle Gerson (@tracx) solutions engineer at Tracx. We discussed how to setup an environment that cultivates growth and scale in social media.

Here are three of the key takeaways:

  1. Start Silo Busting – Most enterprises start out in a segmented environment where by multiple departments are roles are isolated from one another and using their own social media point solutions and environments. Getting those silos to come down using one software solution is the first step to greater collaboration and scale in social.
  2. Engage your Employees – An obvious place to help scale your efforts once a unified social media platform is in place is leveraging your employee advocates to help get the word out.
  3. Watch out for Disjointed Workflow – Nothing hurts your ability to scale like disjointed workflow such as groups publishing in a vacuum or keeping their own datasets separated from the rest of the organization.

To get a copy of the slides or to listen to the replay, please click here. You can also scan the highlights of this webinar on Twitter by reading the Storify below. Our next webinar is titled Way Beyond Listening: Integrating Listening Into Your Platform for ROI; be sure to sign up for it or view the schedule of other upcoming webinars here.

 

June 1, 2015by Paul Dunay
Customer Experience, Customer Support, Social Customer Service, Social Media

Social Customer Service Is the New Heart of Marketing

social-ogilvy-social-customer-care

This week I moderated another Social Media Today webinar as part of their Best Thinker webinar series, this time on the topic of Social Customer Service is the New Heart of Marketing . This webinar was sponsored by Lithium and featured Dave Evans (@evansdave), the VP of Social Strategy at Lithium, Erna Alfred Liousas (@ErnaLiousas), an analyst serving B2C Marketing Professionals at Forrester Research, and Brien Hall (@BrienHall), Social Media Manager for Guest Services at AMC Theatres. We discussed why social media is becoming the primary channel for customer care.

Here are three of the key takeaways:

  1. Become customer obsessed! – Forrester research predicts we are in the Age of the Customer and that in order to become customer obsessed you need to master 4 business imperatives: embracing the shift to mobile, turning big data into big insights, transforming your customer experience, and accelerating your digital transformation.
  2. A majority of tweets to a brand go unanswered! – Its simple shocking since its proven that customer are more likely to buy when you respond that still companies don’t get it.
  3. Social media to become the primary channel in 5 years for customer care  – We spent some time discussing the impacts on the call center, first call resolution and do we need to create separate channels just for customer care in social media.

To get a copy of the slides or to listen to the replay, please click here. You can also scan the highlights of this webinar on Twitter by reading the Storify below. Our next webinar is titled Is the Death of Social Greatly Exaggerated?; be sure to sign up for it or view the schedule of other upcoming webinars here.

April 5, 2015by Paul Dunay
Behavioral Targeting, Big Data, Data Analytics, Data Mining, Social Business Intelligence, Social Media

Using Insights to Tame the Strategic Planning Beast

Competitive Advantage

With the proper planning and strategic thinking, a competitive advantage is something that your company can definitely create in today’s dynamic and fast moving marketplace of business niches.

Furthermore, your business can become particularly competitive in capturing those magical areas of competitive advantage if you can learn how to really understand your consumer market and the desires of your customers. Luckily, this can be done through the application of a more modern approach to strategic planning as we’re about to cover now.

The rewards of going through the strategic planning steps we’re about to cover cannot be understated. By learning to truly understand your customers and use that knowledge for planning your business strategy, you’ll be able to outpace your competitors, improve your brand image and develop client loyalty in a dramatic way that improves your bottom line.

Fortunately, for those who are really interested in this kind of consumer centric planning strategy, there is a detailed and highly informative new ebook I ran across from the people at Insights In Marketing which is packed with practical advice. Here is an overview of that advice.

Strategic Planning in a Nutshell

In essential terms, strategic planning involves taking advantage of expansive customer and market research to gain insights on your overall market, your competition and, most importantly, your actual customers. With this information, you can then build a thoroughly fleshed out strategy for staying ahead of the curve in terms of delivering the right products to its best possible customer as often as possible.

Strategic planning involves asking yourself some probing questions about where your business is headed, how you think it should get there and then using the answers to these questions for achieving the goals you really want to see come to fruition.

The Value of Serious Customer Research

The core of truly effective strategic planning lies in researching your customers in deep detail and really getting to know them. As the strategic planning ebook explains, there are many aspects of the research your company is going to have to do if it wants to really make an effective competitive advantage come to the fore.

The most crucial part of this data gathering will mean finding out as much of the key information about your customers as you possibly can and then using it for product development, better customer service and improved brand development.  You need to find your customers drives, desires and real passions as they relate to your niche in the marketplace.

This process really starts off with something called a consumer insights audit, which helps you understand the following essentials about your consumers:

  • Their general habits
  • Their most often used media and communications tools
  • Their awareness of ads and their habits for viewing them
  • General buying and browsing habits
  • Where they consume content most often on the web
  • Their use of your particular brand and how aware they are of you
  • The perception your brand and product offering creates

Finding the Ideal Offer for the Ideal Customer

Through the kind of deeply targeted research of your customers that we just listed, and by applying its insights to your existing business and consumer market, what you can really hope to achieve is the holy grail of effective business promotion. This holy grail consists of finding your ideal, “perfect” customer and delivering to them the offer they absolutely perceive themselves to need for solving their problems and doing this better than any of your competitors is capable of achieving.

If you can pull this feat off, you have the effective equivalent of a secret weapon working for you. Why? Because customers who really feel like you understand them and are serving their needs will be extremely loyal to your brand for the long run and for any new offers you develop.

Furthermore, these kinds of customers will spread the word on your behalf to others who are in the same situation as them. This is the kind of marketing and promotion that’s worth a lot more than any paid advertisements and it goes a long way towards making you immune to competitors.

Developing the kind of consumer insights culture that deep research of both needs and customer psychology applied regularly will help you outpace your competitors. You don’t want to be in a race to the bottom with your competitors. Instead, you want to beat them by knowing your customers and winning their loyalty through that knowledge.

For a more in-depth look at this topic, you can check out the details in this ebook by Insights in Marketing.

July 3, 2014by Paul Dunay
Data Analytics, Data Mining, Innovation, Marketing, Personal Branding, Social Media

7 Skills New Marketers Need to Succeed

The industry is constantly changing and it can be a challenge to keep up. How can you tell the difference between the skills that are necessary and those that are just hype?

Checkout Formstack’s new infographic on the “7 Skills Marketers Need to Succeed.” They studied the trends and crunched the numbers to help digital marketers prioritize their goals. You might be surprised by which marketing skills are worth developing.

201408-Formstack-NewMarketers-800px

June 26, 2014by Paul Dunay
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Welcome to my blog, my name is Paul Dunay and I lead Red Hat's Financial Services Marketing team Globally, I am also a Certified Professional Coach, Author and Award-Winning B2B Marketing Expert. Any views expressed are my own.

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