Category Archives: Retirement and Benefits

The Three Questions to Ask to Build Sustainable Social Success

Two research studies have been published in the last few weeks (see: http://bit.ly/WqC1Jm and http://bit.ly/WgZiPi) that highlight the same contradiction: while social media marketing has become almost ubiquitous among B2B companies, a minority of them can actually point to its quantitative contribution to the company’s success. From our experience working with and talking to companies about social media marketing, the reason is clear: they don’t start with a strategic foundation.

With social, that lack of a foundation can be even more dangerous than with other marketing activities. Once started, social can quickly turn into an exercise in “feeding the beast”—pushing activity as an end rather than a means to a strategic objective. Even if there were kernels of a strategy at the outset of the social program, they can easily get overrun by the runaway train of pursuing more followers, likes, friends, retweets, connections, etc.

The way to avoid this path of frenetic and less-than-satisfying activity is to start with a framework that enables the implementation of a social media marketing plan that is both strategically-grounded and operationally feasible. At EMI, that framework is constructed through finding the activities and media that sit at the intersection between the answers to three questions:

  • What are the key business challenges?
  • What are the social channels the target audience is active on today?
  • What is the capacity of the organization to execute social marketing programs?

The answers to each of these questions alone can help shape a social strategy that isn’t a complete failure, but it is only when you find the areas of intersection that you will be able to define the channels and messages that will set the initiative on a path to sustainable success. For example, knowing that your business needs to build awareness among your target market will drive some effective decisions about media and messaging, but if you choose to launch a Facebook presence and your target customers aren’t active Facebook users, your results will fall short of expectations. Moreover, if you discover that your target customers are on Twitter and launch a Twitter program, but don’t have the resources to monitor, tweet, and create tweet-able content, your effort will likely end up failing to gain traction because of a lack of relevant, engaging activity.

“Sincerely, Vice President”: Why Marketing for Sales Is Vital

Since EMI’s founding over 20 years ago, a core focus has been what we call “marketing for sales.”  One of the key propositions of this focus is to bring marketing principles, strategy, and messaging to the point of sale. And it’s obvious that many companies struggle with this, as we often encounter samples of sales campaigns that demonstrate a lack of marketing expertise.  One such example is below.

The goal of this email is to get the target audience to attend these sessions, and certainly there are elements in the email – the prominence given to the information table to attract the eye, the “Last Chance” message at the top of the email – that head in the right direction. However, the ability of email to achieve its objectives as effectively as possible is undermined by execution that fails to adhere to basic principles of email marketing:

  • Having a single, prominent call-to-action. In fact, the only call-to-action in the message is to respond to the email and write a message stating which session is preferable.
  • Facilitating response by offering multiple response channels and making it easy to take the desired action. There is no opportunity to click on a link to respond, no number to call to register, no button taking you to a form on which you could register. Any or all of these additions would have increased response by making it easier and more straightforward.
  • Offering a compelling and prominent headline that draws the recipient in. What is the headline of the email? Is it the small message at the top saying this is the last chance to register? If so, only the more patient readers would find that sentence because it is overwhelmed by the logo immediately below it.

Based on the content and the fact that typically this company is a very effective email marketer, it seems likely that the email was sent not as a marketing campaign, but rather by the sales team. This ineffective email is precisely why “marketing for sales” is so important and represents such a powerful opportunity for many companies.  Imagine how many more prospects would have registered and attended these events if the email had offered large buttons for each event which, when clicked, would have registered the clicker and taken them to a confirmation page that offered them a “save to Outlook” option. Consider how much more compelling it would have been to have a name in the closing, rather than just “Vice President”.  Injecting marketing expertise into sales channel activity means more registrations, which means more attendees, and that means more sales.

7 secrets for smart use of gamification

Enterprise gamification — the application of social gaming theories and techniques in business environments — is taking off, with Gartner projecting that 70% of Fortune 2000 organizations will have at least one gamified application by 2015.  However, Upstream recently reported that, while 78% of marketers believe that customers are more likely to respond to game-based marketing, only 27% have actually deployed the strategy. Reasons for this disparity include a reluctance to embrace new technologies and processes, as well as the lack of a blueprint on how to create and roll out such programs.

However, we are now seeing a broad range of firms from many industries deploying gamified programs to educate customers, train staff, introduce new products or service, as well as building greater engagement with customers, prospects and employees.  Some recent examples of gamification in action include:

  • Health care benefits provider Aetna teamed up with Mindbloom to offer the premium Mindbloom Life Game to improve personal wellness for customers and employees.
  • Extraco Bank of Texas used the Bonus Banking Game to promote benefits and improve conversion rates for a new checking account.
  • GM’s Buick created a series of smartphone games to educate consumers on e-Assist, its fuel-saving technology.
  • Verizon Wireless gamified its online entertainment and lifestyle portal, Verizon Insider, which resulted in significant increases in traffic on the site.

Based on EMI’s experience in developing and deployment gamification programs for our clients, here are a few best practices to guide your success:

  1. Clearly define your game objectives, or you’ll find it gets lost in chutes and ladders. Articulate your goals and make the desired changes in customer/employee engagement measurable. And don’t limit yourself to education…product testing, employee recruitment and customer acquisition can all be addressed with gamification.
  2. Remember the technology baseline and limits of your audience. User experience is key to success; if your audience is all mobile, test on the full spectrum of devices and keep the real estate and graphic limitations of smartphones and tablets in mind. If you’re targeting employee audiences in locations far and wide, download speeds can be a limiting factor.
  3. Make it fun, but not too easy. Everyone loves to win, but make it too easy and boredom will drive users away. Make winning too hard, and the game will also fail.
  4. Positive feedback is required. Who doesn’t like encouragement? Let players see their wins early and you’ll encourage longer sessions, more attention and greater learning.
  5. Mix up the rewards. Choose incentives based on the desired behavior changes and their value to you, and use “soft” rewards like badges and leaderboards to increase ROI. Of course, real incentives like miles, points or virtual currencies up the ante.
  6. Ensure that players understand the ultimate aim of the game. Players may view the knowledge or experience they gain from the game as additional incentive to play. For instance, if the ultimate purpose of your enterprise gamification program is to enhance customers’ financial literacy, players may be just as motivated to play by the education they will receive as they are by the points they earn along the way.
  7. Keep score on user engagement. Get feedback from users on their experience, and use it to improve future programs.