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Latest Updates: WOM B2B RSS

  • Banking on WOM: Finance is More Talkable Than You Think

    Pat McCarthy 6:48 am on August 3, 2011 | 0 Comments Permalink | Post Your Comment!
    Tags: , WOM B2B

    29 percent of Americans have had a conversation about financial services within the last 24 hours. 43 percent in the UK. And despite all the economic trouble of the world and wide belief that Wall Street was a main cause, positive sentiment trumps negative 3 to 1.

    This data, from a Keller Fay-UK study, did find that online sentiment was more negative than offline. However, this isn’t surprising considering ranting about a malfunctioning ATM works much better online than, say, discussing the details of your 401k.

    Read more about the study at Keller Fay

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  • Make your Events Talkable

    Pat McCarthy 9:30 am on April 8, 2011 | 0 Comments Permalink | Post Your Comment!
    Tags: , WOM B2B,

    We plan two major conferences every year and marketing them has its difficulties. I saw this post on MarketingProfs and had to share because it’s full of great tips.

    1. Hustle – Put your iPad down and talk to people. Offline events are offline. If you want to make an event pop and get people coming back, you’re going to need to engage.

    2. Have Clear Messaging – Sending an promotional email? The receiver should know what it’s about based on the subject line. Have a booth? Don’t go cryptic with your look and feel. Make your event as easy to approach as possible at all times and in all messaging.

    3. Listen (!) – Missed opportunities often happen when you aren’t listening. Your attendees have a lot of great ideas. Ask them before, during and after your event about how you could make it better. When you use their ideas, point it out. Send them an email to the tune of – I liked your idea and this is how we used it. Thanks! They’ll tell colleagues, attend future events and keep sending suggestions.

    For two more tips, visit MarketingProfs

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  • Social – Less Tech, More Anthropology

    Pat McCarthy 10:21 am on March 25, 2011 | 0 Comments Permalink | Post Your Comment!
    Tags: , , , WOM B2B

    Brian Solis, who will Keynote at School of WOM, recently spoke at 1000heads about B2B in the social world. One stat that surprised me was that 46% of B2B professionals said social media is irrelevant to their company. Yet 93% of business buyers believe all companies should have a social media presence.

    How do these stats occupy the same room? Effectively utilizing social and digital media is certainly more difficult for B2B companies, but irrelevant? That’s a stretch. We’ve seen companies like Eloqua and Intuit create content and communities that have shown measurable and successful results.

    Key Takeaway: B2B companies can be successful in the social and digital realm. It just takes a bit of creativity and ambition.

    Read more about social B2B at 1000heads

    Read Eloqua’s Content Development Case Study

    Read Intuit’s Community Development Case Study

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  • New Decks in the WOMMA Member Center

    Pat McCarthy 10:54 am on March 4, 2011 | 0 Comments Permalink | Post Your Comment!
    Tags: , , WOM B2B

    These WOMMA Summit 2010 decks are now available in the WOMMA Member Center:

    IBM – Getting Social with B2B Marketing

    Presenters:
    George Gallate, Global Chairman, Euro RSCG 4D
    Adam Christensen, VP of Digital Strategy at IBM

    —–

    Eloqua & JESS3 – Turning Free Content into Business Success

    Presenters:
    Joe Chernov, Director Content Marketing, Eloqua
    Leslie Bradshaw, President, JESS3

    ——————-

    This is WOMMA member exclusive content. For more info on becoming a member, contact Tarah Remington Brown, our Member Relations Director, at Tarah@WOMMA.org or 312-853-4400 x. 205.

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  • Online Video Tips for Schmucks

    Pat McCarthy 10:12 am on January 28, 2011 | 3 Comments Permalink | Post Your Comment!
    Tags: , , WOM B2B,

    Many YouTubers make online videos look very easy. Anyone who has tried to make one knows they are not easy. I ran across some great tips to create a solid online video that drives inbound traffic.

    1. Answer your customer’s biggest question - You know the questions all your customers ask. Move beyond the FAQ page and answer them in video.

    2. Give the product experience - I like to try before I buy, as do most folks. Show how your product works. Show the packaging. Show the support people customers can reach out to.

    3. Interview your best customer - Anonymous online reviews are trusted second only to word of mouth. Putting a face, name and voice behind a review only increases its validity.

    Read more tips at Rohit Bhargava’s blog

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  • Inbound State of Mind

    Pat McCarthy 11:29 am on January 19, 2011 | 1 Comments Permalink | Post Your Comment!
    Tags: , , , WOM B2B,

    “I’m just writing some blog posts with some keywords intertwined. I’m in an inbound state of mind.” - Song Lyrics by Martine Hunter,  MLT Creative

    Lovely video about B2B inbound marketing at the link below (and a great example of inbound marketing!) MLT Creative analyzed their own website to show how to analyze yours. Metrics include:

    1. HubSpot Website Grader
    2. Website Visits
    3. Inbound Links
    4. Leads
    5. New Projects
    6. Inbound Marketing Certified Professionals

    They did well. Focusing on just one or two improvements isn’t enough. Setting goals in these each areas and more is a great way to develop a holistic inbound strategy that saves money and staff time.

    More on MLT Creative’s strategy at their blog

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  • Case Study: Killer Content Marketing

    Pat McCarthy 10:18 am on January 12, 2011 | 1 Comments Permalink | Post Your Comment!
    Tags: , , , , , WOM B2B

    Eloqua, a WOMMA member, recently released a case study that every B2B marketer should keep in their back pocket. Here’s a short synopsis (full case study at link below):

    The Problem

    While credible with their clients, Eloqua had never cracked into the noisy Web 2.0 crowd. Competitors were well established. Launching their new product for this space would be difficult.

    The Solution

    They redefined the marketplace. Instead of focusing on growing overall presence, they defined a new way of business optimization called Revenue Performance Management (RPM). They set up coordinated blogsSlideshare and Twitter accounts that drove the conversation on RPM.

    The Results

    Through content production and community engagement, the leads started flowing:

    1. 43% increased traffic to Eloqua.com

    2. More than 500 qualified leads

    3. More than 25 people in the active buying process

    See the full case study at Joe Chernov’s blog


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  • B2B & WOM: NetApp Gets Social

    Pat McCarthy 8:36 am on October 25, 2010 | 0 Comments Permalink | Post Your Comment!
    Tags: , , WOM B2B,

    netapp

    Alex Plant is the Head of Social Media at NetApp. He will present NetApp’s emergence as a leading social B2B brand at Summit 2010.

    At Summit you’re going to talk about how B2B companies use social to drive sales. Could you give us one example of how NetApp has done that?

    When we think about social media at NetApp, it’s definitely a marketing tool. We’ve always looked at it as a way to build awareness. A lot of us come from a communication background and our focus of this year has been to try to forge relationships with our field sales and our demand generation team so that we start to integrate different calls to action into every single communication that we have on social media. If you can, every tweet, every Facebook post, every YouTube video gives a reason to extend the lifecycle of the engagement. So, they’ve read your tweet. Then what? Bring them back to NetApp.com. You want to keep taking that concept further. So we work with our marketing team and ask what else would these people be interested. Is there a whitepaper you can give them? Something else?

    I’m not going to lead them from Twitter to a registration page because that violates all the tenets of social media. What we will do is lead them along a logical path to an end point.

    To give you a tangible example, we have launch coming this fall. We’re going to be really making sure we have a few carrots out there, we call them honeypots. What we’re going to do is find out where our key influencers are and make sure that information is there. Whether it’s product information, a customer story or a technical discussion, we’re really thinking about the buyer’s journey.

    The other part of the idea is bringing listening back into the sales part of the business. I was just in New York meeting with several of our salespeople. Their reaction was like “Social media? What? I don’t need that. My seventeen year old uses Facebook!” But then I showed them tangible examples of customer complaints, leads that have generated through Facebook, information and intelligence that we can glean from our competitors.

    I think that it’s not only important to push information out with social media but also to bring it in to the business. That’s one thing I’ve learned this year as a huge value-add to anyone who thinks social media is their profession.

    What should B2B brands who are interested in expanding to social know before beginning?

    Enter into it with a persona or audience mindset. At least think about who you’re trying to reach. It’s very easy for people in my situation to just say, “Great, we have a Facebook page and Twitter account.” But your demographic may not be on there. As you go, don’t be afraid to make mistakes.

    I think people misuse Facebook a lot of the times, but it’s a great corporate brand tool. So we had to figure out what tools matched what audiences. We have a very technical audience and knowing that was the key. If you try to have a social media strategy that tries to be all things to all people, then you will find it will be nothing to anyone. No conversations will be started and it will be a huge miss.

    The other part that they should know is the measurement standpoint. What are the tools that will really help you to show value internally. It’s one thing for you to speak in your own language to talk about share of voice, sentiment, and tone. That’s great, but it only gets you so far. One thing that is really powerful is understanding internally how people determine value and how I can create metrics to get us there.

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  • WOM Case Study: Intuit’s Small Business Recession-Proofing

    Pat McCarthy 9:52 am on September 10, 2010 | 0 Comments Permalink | Post Your Comment!
    Tags: , , WOM B2B,

    This campaign won a Gold WOMMY in the Momentum category and the Grand Prix Prize in 2009.

    Intuit, the provider of all services small business, was faced with one of the deepest recessions in history. Many of its core customers didn’t know how to weather the storm. To combat customer distress, Intuit’s agency, Access Communications, launched a campaign to show customers that Intuit was truly committed to their small business success.

    Small Business United

    SBU provided free software and services valued at nearly $1,000 per business, donated $50,000 to nonprofit organizations dedicated to helping budding entrepreneurs and business looking to grow, and ran a contest offering small business grants totaling $315,000 (grand prize $25,000). Intuit also developed Small Business United,community resource website that linked and facilitated online gatherings of small businesses across the country where owners and “recession entrepreneurs” could share advice, stories, and videos about their challenges and successes.

    Results

    1. Small Business United contributed to a 12% increase in financial management sales and YOY sales of QuickBooks saw a 57% increase of unit grown at retail
    2. Intuit’s website had more than 1.2 million visits
    3. Nearly 2,000 stories were submitted and collected over 30,000 ratings of the stories by other businesses.
    4. 406,115,870 media impressions, 45% increase YOY in coverage, and 205 placements in publications such as The New York Times, Smart Money, and Entrepreneur.com.

    —————————

    Do you have a case study that could rival this one? Submit it today at: http://womma.org/WOMMY/

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  • B2Bs Now Media Companies

    Pat McCarthy 9:16 am on September 8, 2010 | 0 Comments Permalink | Post Your Comment!
    Tags: , WOM B2B

    Traditional B2B rides the sales train. It became so ingrained in procedure that everyone just went along with the interruptive sales calls. This system relied heavily on a lack of easily accessible information (e.g. pre-internet.)

    Now if a company wants to find services, they go to Google and search. This leads them to B2B companies that act like media companies. Their blogs, video, whitepapers, case studies and podcasts show expertise and specialty before the potential customer even speaks to a sales person.

    Why is this important?

    1. Efficiency - Salespeople get inbound leads who already know about the company’s services and expertise.

    2. SEO - Your content (when consistently updated) makes your site more relevant in search engines.

    3. 3rd Party Interaction - Not everyone who comments on the company blog or retweets is a potential customer, but they help build confidence in your work every time the interact with you.

    Need an example?

    Check out Kinaxis (Case Study Here.) They’re pros at B2B Media (and also a supply chain management company)

    Read more about B2B Media at Marketing Profs Daily Fix

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