The B2B Lead

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Is a GoogleGrader on the Horizon? – Marketing WTF?

What’s your Google Rank? No, not your Google Page Rank, your personal Google Rank? That’s right, according to a story published by Business Week, Google has filed for a patent on technology for ranking the “influence” of people on social networking sites such as Facebook and MySpace. Much like Google’s approach to ranking web sites, the algorithm would calculate your influence rating based on how many “friends” you have, how influential your friends are, how frequently you blog, etc. The article speculates that this breakthrough could finally make ads on social networks relevant and profitable.

Not sure about that. Sounds a bit too much like TwitterGrader to me and you all now know how much I like that product. :-)

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Wednesday, October 8th, 2008

 

Social Networking and Marketing – Are you up for the virtual challenge? – ReachForce Book Club

This week’s focus on The B2B Lead seems to be social networking, not sure if we planned that or if it’s sheer coincidence.  Laura, Leigh Anne and I have been busy these past weeks building out our LinkedIn Profiles and making sure we are answering any of the LinkedIn Answers questions out there that apply to what we do on a daily basis.  So this chapter (19) is right on time for us.  Here’s a few new things we’re planning on doing or checking out in the coming weeks…

  • Squidoo – Do you squidoo?  We don’t currently but we will be looking into it very soon.  If anyone is currently using Squidoo, we’d love to hear what you think?  Does it drive the right kinds of traffic?
  • Max Pipeline – like Helga in the Volkswagen example – will be out there exploring the B2B Lead Generation world and will be sharing his findings right here on The B2B Lead.  Check him out on FaceBook and be sure to check back here for his updates.
  • LinkedIn Groups – oh the possibilities here…

As you can see, we’re jumping in the social networking world with both feet.  If you’re just getting started or considering a social plan, here’s a few other tips David recommends to get the most out of your social networking sites:

  • Target a specific audience – think niche market/long tail here
  • Be a thought leader – provide valuable and useful information, remember this is not where you do company promotions
  • Be authentic and transparent – just be yourself please
  • Create lots of links – links “makes the web what it is”
  • Encourage people to interact with you
  • Participate – you can’t just put it out there and hope they’ll come, you have to engage with others in your space.
  • Experiment – if what you’re doing isn’t working, try something new – there’s definitely enough choices out there.

What are you doing?  What have you learned?  Please share as this is a new world for most of us.  Making the leap can be scary but the benefits are there if you’re willing to work for them, right?

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Thursday, October 2nd, 2008

 

5 Tips for Promoting Your Business Page on Facebook – B2B Marketing and Sales Tip #152

Written by Ellie Mirman, blogger at the HubSpot Internet Marketing Blog and Inbound Marketer at Internet Marketing company HubSpot.

So you’ve got a Facebook Business Page… Now what? Building a Business Page is one of the best ways to increase your presence and engage more potential customers on Facebook, but it’s more than just clicking “Create Page”. As you venture out into the social media world, here are a few tips to help you promote your Page and reach more of the 100 million Facebook users.

Create a Facebook Business Page worth becoming a fan of.

To quote David Meerman Scott, nobody cares about your products and services (except you). People care about how you can help them solve their problems. To extend that thought to Facebook, don’t use your Facebook Page to talk about your products all the time. People aren’t interested. Instead, create some interesting, useful content that people want to receive. This could be blog posts, whitepapers, or simply discussions.

Take advantage of the viral nature of Facebook.

Facebook provides great opportunities for viral marketing. Facebook creates a “News Feed” of your friends’ activities on Facebook, like posting photos, changing statuses, or becoming fans of a Page. What this means is that every time someone interacts with your Page in some way, that action is published across all of their friends’ News Feeds, giving you exposure to that person’s entire network. The best way to take advantage of this is to engage your users and give them more opportunities to interact with your Page, for example, by fostering discussions, inviting them to events, allowing them to post links. Leveraging the power of the News Feed is a critical part of establishing your presence on Facebook and building a fan base for spreading your messages.

Don’t forget to draw on your network.

All promotion does not need to take place within Facebook. Feel free to email your opt-in e-mail list, blog about your Page, and post a link to your Page on your company website. The best people to help you build up your fan base for your Business Page on Facebook are those people already subscribed to your blog or engaged with you in some way.

Optimize your Page for Facebook – and public – search.

Another way to get found and build your fan base is through Facebook’s search. Facebook – like all other search engines (Facebook was noted the most used people search engine) – has an undisclosed algorithm that ranks search results in a way that aims to return relevant and useful results to the searcher. The best think you can do to show up higher in these search results is to build a large following of your existing fans, because entities with a larger network tend to show up higher in search results. Also note that Facebook Business Pages are public and indexable by search engines. This potentially gives you exposure to those searching in broader search engines like Google. To make the most of this, start lots of engaging discussion threads on your Page, so that if someone is searching in Google on that very topic, they can stumble upon your Facebook Page and discussion thread.

Get an extra push with Facebook Ads.

If you want to give your Business Page an extra push at the beginning, you can also buy some advertising slots. Note that Facebook ads are much less effective than the viral marketing options on Facebook, and the click through rate for Facebook ads is notoriously low. Facebook advertisements show up on the sidebar as users browse through their friends’ profiles, groups, and so on. When you set up your ad, be sure to include “social ads” – these draw on a users’ network to see who in their network has already engaged with your Page and shows, for example, “Jim Smith is a fan of Company ABC” next to your ad, potentially improving your click through rate. Also, make sure that you give viewers a relevant reason to click on your ad by inviting them to connect with industry peers or offering a free whitepaper, for example. Also in this vein, note that you can target your ads by age, gender, interests, geography, and other factors, to reach users who may be more interested in your Business Page.

Bonus Tip: Measure your results.

Once you’ve built up your Facebook Page it’s good to measure what you’re actually getting out of your social media program. Some metrics you may want to measure are:  number of fans, page views, and unique users. Facebook’s “Insights” provide some of these metrics, including demographic data. You’ll also want to track actions beyond your Facebook Page, namely, website traffic, leads, and sales that come from Facebook. Hopefully some of these tips will help you get your Facebook Business Page off the ground and build it into a valuable channel for reaching your potential customers.

All this said, social media, including Facebook, is by no means static. It is constantly changing and we, as marketers, are constantly learning the right way to leverage these channels for marketing. If you want to see what we at HubSpot have done, you can become a fan of our Page at http://facebook.hubspot.com. And, if you’re looking to network with other marketers on Facebook, you may be interested in the Facebook Pro Marketers group, a group for marketers passionate about marketing. Perhaps there we can continue discussing ideas for marketing on Facebook.

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Tuesday, September 30th, 2008

 

How to Create a Facebook Page for Your Company – B2B Marketing and Sales Tip #151

Wikipedia’s definition of Facebook – a social networking site where users can join networks organized by city, workplace, school, and region to connect and interact with other people. People can also add friends and send them messages, and update their personal profile to notify friends about themselves.

I got on Facebook when I was in college (when only college students could be members), and used it to keep up with hometown friends, keep up with other students I had met, join groups that I cared about, send messages to friends and post fun pictures and wall posts reminiscing from the weekend before. Now that I am out of college and working, I still use Facebook to keep up with friends (maybe a few less pictures and groups), but I also use it now for networking and more business purposes. My personal and professional life are definitely colliding!

Facebook has made itself easier for professionals to use with groups, discussions and ads, but I think the best thing you can do for your business on Facebook is Facebook Pages. Facebook Pages help to build a business presence and engage with customers, co-workers, partners and fans on Facebook. Users can express their support by adding themselves as a fan, writing on your wall, uploading photos, and joining other fans in discussion groups. You can send updates to your fans regularly — or just with special news or offers. Add applications to your Page and engage your users with videos, reviews, flash content, and more. More importantly, it is free and easy!

To get started:

  • You need to be a member on Facebook
  • Go to facebook.com/business/?pages (or go the bottom of the page and click “advertising”)
  • Click “create a Facebook Page” and follow the directions
  • Upload a picture (best to use your logo for this)
  • Fill in company information
  • Take it from there…add photos, discussions, notes, video, etc. (you should see all the categories to edit right there on the page or if not click “edit page”)
  • Click “more applications” if you would like to browse what other applications are out there (like RSS Feeds) – you can look or type in the search box
  • Publish the Page (in red lettering at the top of the page)
  • Ask co-workers and customers to become fans and start getting the word out

Now you know how to get started with a Facebook Page, how do you manage it? We over here at ReachForce just put up our own page, and are still working to get the word out. Luckily, our friend Ellie Mirman from HubSpot has some experience. Look for a post from her soon on how to manage your page and get fans. HubSpot already has 797 fans!

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Monday, September 29th, 2008

 

Podcasting and Video Made, Well, as Easy as Possible – ReachForce Book Club

Podcasting and video can be very scary to use…buying new equipment and software, and then learning how to use it all. The procedure might be a little more difficult than just writing text, but the outcome of engaging your audience is worth it. And if that doesn’t sell you, then what David has to say about it will. It sold me!

“The potential to deliver information to buyers in new and surprising ways is greater when you use a new medium. And while your competition is still trying to figure out ‘that blogging thing,’ you can leverage your existing blog into the new worlds of audio and video and leave the competition way behind.”

Who doesn’t like to watch a short video (mostly if it is funny) while reading a blog post? I won’t speak for everyone, but I am willing to bet the majority does. And it might seem scary at first, but putting a podcast or short video together really is not all that hard. Luckily, David has some tips for us to use as well:

For Podcasting

  • Show preparation -gather ideas and create a script
  • Recording when you are near your computer -use a microphone that delivers audio into your computer (need software here)
  • Mobile recording gear – is required if you are going to be moving around interviewing people at different places
  • Phone interviews – require a digital recording switch device that connects to your telephone
  • Editing your audio files – optional
  • Postproduction editing – sometimes includes running a noise-reduction program and sound compression
  • Tagging the audio -adding text-based information about the audio to make it easier for people to find
  • Hosting and distribution – so people can easily obtain your podcasts
  • Promotion – you must provide links to your show
  • A companion blog – to discuss the content of each show, and will also help to be indexed by search engines

For Video

  • Posting to video-sharing sites – like YouTube, just shoot and upload
  • Developing an online video channel – usually used with a unique URL
  • Attempting stealth insertions to YouTube – dangerous, YouTube will find inauthentic video
  • Vlogging – “video blogging” by embedding a video into a blog post
  • Vodcasting – a podcast with video tied to a syndication component
  • Inviting your customer communities to submit video – to help generate viral marketing interest

Our friends over at HubSpot recently posted a really funny video about imbound vs. outbound marketing that was a real success. They told us it only took an afternoon to come up with idea, write it, shoot it an edit it. See…worth it!

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Thursday, September 25th, 2008

 

The New Rules for Reaching the Media – ReachForce Book Club

The Web, of course, has made getting in touch with the media much easier. However has anyone had luck with emailing a journalist (you don’t know) a story and actually get published? If so, what is your secret? In most cases however, (in the words of David) “PR people are spamming journalists with unsolicited and unrelenting commercial messages in the form of news releases and untargeted broadcast pitches.”

Don’t worry, David is here to help with The New Rules of Media Relations:

  • Nontargeted, broadcast pitches are spam.
  • News releases sent to reporters in subject areas they do not cover are spam.
  • Reporters who don’t know you yet are looking for organizations like yours and products like yours-make sure they will find you on sites such as Google and Technorati.
  • If you blog, reporters who cover the space will find you.
  • Pitch bloggers, because being covered in important blogs will get you noticed by mainstream media.
  • When was the last news release you sent? Make sure your organization is “busy.”
  • Journalists want a great online media room!
  • Some (but not all) reporters love RSS feeds.
  • Personal relationships with reporters are important.
  • Dont’ tell journalists what your product does. Tell them how you solve customer problems.
  • Does the reporter have a blog? Read it. Comment on it. Track back to it (send a message whenever you blog on a subject that the reporter blogged about first).
  • Before you pitch, read (or listen to or watch) the publication (or radio program or TV show) you’ll be pitching to!
  • Once you know what a reporter is interested in, send her an individualized pitch crafted especially for her needs.

Now your rate of getting noticed will hopefully be much more successful when you use these tips. And now let’s fast forward a bit, you have used the New Rules and started building relationships. How do you pitch to these journalists now? David has a few tips on this as well…woo hoo!

  • Target one reporter at a time.
  • Help the journalist to understand the big picture.
  • Explain how customers use your product or work with your organization.
  • Don’t send e-mail attachments unless asked.
  • Follow up promptly with potential contacts.
  • Don’t forget, it’s a two-way street-journalists need you to pitch them!

Mainstream media is still very important and hopefully you will follow the New Rules and tactics to start getting noticed. To close the same way David did, “you need to be smart how you tell your story on the Web-and about how you tell your story to journalists.”

Next week we will cover chapters 17 and 18 on Blogging to Reach Your Buyers and Podcasting and Video Made, Well, as Easy as Possible.

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Friday, September 19th, 2008

 

Get In On The LinkedIn Groups Party but Establish Rules of Etiquette First – B2B Sales and Marketing Tip #150

In a good example of “better late than never,” LinkedIn finally added group discussion functionality to its professional networking network. Here on The B2B Lead I wrote about how much I was looking forward to LinkedIn going social and why I believe it will be so important for B2B marketers.

While commenters on the TechCrunch blog were quick to cry “inadequate,” we at BreakingPoint are happy with the early results and look forward to using the functionality to grow the group and make new connections. BreakingPoint’s Director of Marketing and Engage in PR blogger Kyle Flaherty got the party started right away in the BreakingPoint Application, Network Performance & Security Testing group. He produced this handy video tour of the new features.

So those are the new features. What are the benefits? Well, for week one, I can sum it up with the words: connections, market research, and web traffic. While our LinkedIn group is still very new, membership has grown to 60+ qualified professionals interested in testing tools. We’ve already connected with several influential buyers, shared helpful resources, conducted research, and benefited from a small burst of web traffic. LinkedIn jumped into our top 10 web site traffic referrers in the week following the introduction of user discussions. Notice I didn’t mention closed a few deals?

On the Lessons Learned front, I advise readers of The B2B Lead to set up the rules for behavior on the group right away. Kyle clearly established our group as a Sales- and Marketing-free zone after one newbie launched into a blatant sales pitch. Blasphemy, you say? This is The B2B Lead, after all. Why create a group at all if you aren’t going to use it to market to your customers?

If you are asking yourself these questions, then I recommend you read more of Kyle’s blog. While I sometime tease Kyle about being a social media purist (OK, I actually use the word “boy scout”), Kyle is a perfect example of how to build relationships with potential customers and the community at large by actually engaging in online conversations, providing value, and earning trust. In a recent post he wrote called “Seeking Inspiration” Kyle wrote:

“Inspiration comes down to a measure of trust, which comes from a solidly built relationship.  The same goes for your marketing.  A trusted brand has an easier time inspiring because they have created a relationship with you over a period of time. When a company enters social media they, of course, need a strategy, but the idea of building trust must be in conjunction with building relationships.”

And, when Marketers take this approach, the benefits will follow. If you are looking for real tangible ideas for leveraging social media and want to see exactly how serving your community can deliver big results, have a look at Kyle’s 3 part case study on BreakingPoint’s social media programs.

Here on The B2B Lead I’ll be posting about how we integrated social media into our overall programs along with our laser-targeted direct outreach. Look forward to your first hand experiences with LinkedIn and other community building efforts. Do tell.

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Thursday, September 18th, 2008

 

Skip the Mega-launch, Opt for a New Approach to Generating Buzz for Your New Product or Service – B2B Marketing and Sales Tip #148

Thinking about how to make the biggest splash with your next mega-launch? Think again. Emerging companies are getting smarter about how they “launch” and opting for a slower community building process that takes place over the course of months. Turns out it is not only less expensive but it proves to be more valuable over the long term.

The process involves getting out months ahead of your product availability and building relationships with key influencers, contributing relevant valuable content to your market and attracting a loyal following with a blog or community. We did something like this at BreakingPoint, although it happened in a far more condensed time frame, and it has indeed been very valuable for reaching our hyper-niche market.

There’s been lots of controversy on the topic of launching at Tech Crunch 50 vs. DEMO lately. Robert Scoble triggered a firestorm of commentary when he posted a blog series about how “companies launching at DEMO suck”. (Why is it that blog posts that include the word “suck” always generate so much buzz?) This triggered Paul May of BuzzStream to blog about the economics of launching a startup at TechCrunch 50 or Demo. According to Paul:

“The cost and time required for the traditional, big-bang, big conference launch adds up quickly…and yeah, I know, TechCrunch 50 is free, but the entry fee is just where your costs begin.  Let’s look at an example.  My co-founder, Jeremy Bencken, was invited to present at DEMO to launch Tenant Market a couple of years ago.  In addition to the entry fee, he calculated the following costs for even a bare-bones approach:

  1. Devote 80 hours to prep time.  At $100 an hour, that’s $8K.
  2. Speaking coach – $5K
  3. Travel – three nights for three people – $6K
  4. PR rep – $10k to $20K (lots of variation depending on the quality of the PR professional and the required retainer)
  5. Booth, collateral, SWAG, etc. – $3K to $5K”

Wow, that’s a hefty price tag for a startup—bootstrapped or funded. Years ago when I launched a startup at Demo, it was well worth that investment. Why? Those were the early Internet Boom days when startups had to shell out $30,000 to $50,000 per month in retainers to PR agencies. We netted 17 pieces of very high profile coverage from our Demo participation in major trade publications and even The Washington Post. It was such a success that I actually considered going this year with BreakingPoint.

Today, however, most of those publications are no longer around—at least in print. Buyers get their information in different ways and focusing your efforts on laser targeted database marketing combined with a strong push for building a community using social media are the keys to success for startups. If you have a B2C play, those events may make sense for you. But for us, I had to pass.

So, back to the topic at hand: launching your company online. There’s absolutely no reason to wait until you have a product to launch to get started. Why not start engaging with your customers now? Reach out and conduct a little market research. Build tight relationships and a nice following for your blog. Funnel your money into building a detailed, role-based database of your target market. Hire an intern to discover the top thought leaders and start building tight relationships by interacting with them in social media circles.  Start generating a slew of inbound links so that you will rank at the top of the search engines when you introduce your product or service. The possibilities are endless.

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Thursday, September 11th, 2008

 

Are You a Viral VIP? – The Definitive Guide to Viral Video Success

Here at The B2B Lead we want to congratulate our Lead Blogger, Pam O’Neal Mickelson, for her case study on Viral Marketing in the Marketing Sherpa B-to-B Lead Generation Handbook. The following is a two part post that details the planning, execution and results of the campaign. Congrats Pam!

The B2B Lead Vidcast – A Case Study in Viral Video Marketing

Attention Conservation Notice: The following post contains a long post on controversy in the field of viral marketing and a long (30 min) video case study on viral video marketing presented by Pam O’Neal Mickelson. It presents advice on what to do and what not to do when it comes to producing and distributing a viral marketing campaign.

Viral video marketing has become a hotbed of controversy these days! Who would have believed that videos like Netcosm, Mr. Happy Crack, Benny Lava, and Tay Zonday could be tainted by heated debates over the validity of viral marketing and the techniques used by some to promote their campaigns?

Still the debate rages: Many B2B Marketers think viral marketing is like “lightening in a bottle.” They advise there is no simple formula and you cannot possibly orchestrate such a campaign because both content and timing are so critical to viral success. Others, will argue that they can concoct a viral campaign for anyone and will go to just about any lengths to do so.

While most will agree that content and timing are both crucial, I do believe that almost every B2B Marketer has a successful viral or Word of Mouth campaign in them. And, I also believe that they don’t have to resort to trickery or deceit to attract tens of thousands of viewers for their YouTube video. In fact, I believe the more authentic you are, the stronger the Word of Mouth effect. Let me explain.

The B2B viral video campaign NetQoS ran earlier in 2007 is a case study in how to package relevant and compelling content and get the word out to the right audience using Social Media. We used entertaining content that was compelling to our target audience, played down production value and branding, and then got the word out to the people who cared – technology professionals. We didn’t trick viewers into YouTube with headlines like “Stolen NASCAR” just to boost our numbers. By taking this high road we were able to generate more than 66,000 views, and importantly almost 2,000 leads and a half a million dollars in pipeline.

Unfortunately, not all B2B Marketers are using a transparent or authentic approach. A recent widely criticized Tech Crunch post written by Dan Ackerman Greenberg advising marketers to pay for blog coverage and trick viewers into viewing videos has triggered a firestorm of controversy that threatens to ruin the discipline for the rest of us. Much like spammers ruined email marketing.

Greenberg kicks off his post with this inauspicious intro: “Over the past year, I have run clandestine marketing campaigns meant to ensure that promotional videos become truly viral, as these examples have become in the extreme.” He might as well have run an ad inviting people to bash him. Or was that his intent? This is almost as bad as the sales letter I received from a company offering to post “laudatory comments” on our video postings or blog articles in an effort to build a following. I felt like I needed to take a shower after reading that letter and this post! (As you’ll read later I was not the only one.)

Greenberg also advised “So how do we get the first 50,000 views we need to get our videos onto the Most Viewed list?

  • Blogs: We reach out to individuals who run relevant blogs and actually pay them to post our embedded videos. Sounds a little bit like cheating/PayPerPost, but it’s effective and it’s not against any rules.
  • Forums: We start new threads and embed our videos. Sometimes, this means kickstarting the conversations by setting up multiple accounts on each forum and posting back and forth between a few different users. Yes, it’s tedious and time-consuming, but if we get enough people working on it, it can have a tremendous effect.
  • MySpace: Plenty of users allow you to embed YouTube videos right in the comments section of their MySpace pages. We take advantage of this.
  • Facebook: Share, share, share. We’ve taken Dave McClure’s advice and built a sizeable presence on Facebook, so sharing a video with our entire friends list can have a real impact. Other ideas include creating an event that announces the video launch and inviting friends, writing a note and tagging friends, or posting the video on Facebook Video with a link back to the original YouTube video.
  • Email lists: Send the video to an email list. Depending on the size of the list (and the recipients’ willingness to receive links to YouTube videos), this can be a very effective strategy.
  • Friends: Make sure everyone we know watches the video and try to get them to email it out to their friends, or at least share it on Facebook.

As you can imagine, Greenberg’s post was slammed big time for advocating “techniques including writing fake sensational titles and creating controversy by having arguments in the comments of a video using multiple YouTube accounts.” I can’t help but notice, however, that while Greenberg may be unpopular with the readers of Tech Crunch, he is apparently very popular among advertisers. A look at both the quantity and the prominence of his clients shows that there is huge demand and high stakes around viral marketing.

Viral video, much like televised infotainment, remains one of the best ways to broadcast your brand and message to a very large audience. Combine it with a blog or other social media component, and it can be an ingenious way to build a large following. And, unlike televised infotainment, it doesn’t come with a multi-million dollar price tag. The NetQoS viral video project, for example, cost only $6,500 to produce and will likely generate a 6,000+% ROI. Importantly, viral campaigns come with the added bonus of Word of Mouth cache. Viewers are guaranteed to tune in when the content has been recommended by a friend or colleague, or when the buzz has reached a level that demands their attention.

It’s easy to see why companies such as Greenberg’s firm are in high demand. And, while what he does may feel unethical and deceptive, is it really so different from the infotainment that we call reality TV? I mean, wasn’t The Apprentice just one long commercial for Burger King and Yahoo? Isn’t Project Runway a great promotional vehicle for Banana Republic and Bitten by Sarah Jessica Parker? Aren’t these all examples of Marketing disguised as entertainment? Aren’t we, as viewers, tricked into tuning in to these hour-long commercials by slickly produced teasers of apprentices battling to the finish or snarky fashion designers back stabbing each other to get ahead?

In an increasingly marketing-averse world, tricking your audience into tuning in may seem the only way to get your message out. But this is extremely short sighted. If you’re not looking at viral marketing with a long term perspective, you are over looking one of the most valuable aspects of this approach – the ability to quickly and inexpensively build a community of interest. The Word of Mouth aspect of viral marketing gives Marketers a powerful way to attract a following of media, blogerati, influencers, and–most importantly–buyers.

As this video case study of the NetQoS network monitoring campaign illustrates, just about anyone can be successful with viral marketing if they take an authentic, transparent, relevant and entertaining approach. Look at the fantastic job Dr. Pepper did with the Cherry Chocolate Rain viral video or this clever Symantec video. It may not always guarantee a million views, but it will earn you respect and a loyal following over the long term.In the next B2B Lead post I’ll enumerate the 20 ideas that made the NetQoS campaign a success leading to a Marketing Sherpa Viral Marketing Hall of Fame inclusion. I’ll also present some of the visuals that might have been difficult to see on this video.

Put These 20 Ideas into Action for B2B Viral Marketing Success

Attention Conservation Notice: The following post contains 20 ideas for packaging, promoting and tracking the results of your viral video campaign. It also contains visuals from The B2B Lead Vidcast on viral video marketing.As I’ve written previously on The B2B Lead, many Marketers advise there is no simple formula for making your campaign go viral. Others argue that they can help anyone go viral and will use less than authentic and transparent techniques to do so. As you can see from this vidcast case study for a B2B viral video campaign NetQoS ran, it is possible to be successful without resorting to trickery. It just takes relevant content, clever packaging, a solid conversion strategy, and transparent outreach via Social Media.

However, even with a good idea and superb execution, there are no guarantees. Viral marketing is like walking a tight rope. There is a fine line between success and failure. There are no assurances. No opportunities for testing messages. And it could backfire or simply fizzle. But the great thing about walking a tight rope is that no one can pass you.

Want to improve your odds in the world of B2B viral marketing? Here is a roundup of the 20 ideas that made the NetQoS network monitoring campaign a success, and some of the charts and graphs that you might not have been able to see on the video.

Viral Video Idea #1: Set clear objectives for your campaign. For NetQoS, we wanted to use viral marketing to increase brand awareness, break into the blogosphere in a big way and increase web traffic and leads. We set specific objectives and measured our success.

Viral Video Idea #2: Be relevant. Make sure your message and content are relevant both to your company and to your target audience. Because without relevant content, you may hit a home run but effectively strike out. Kind of like that dancing baby concept from the 90’s. Can you name the company behind that one?

Viral Video Idea #3: Know your audience. And, I’m not talking about their pain points and job roles. I’m talking more about psychographics and behavioral characteristics. Understand what interests them, where they live and work, how they get their information. For NetQoS, we knew that our audience would be a great viral target—they were comfortable online, 80% read blogs or are active in blogging, 84% start their search on a search engine. Most are smart and cynical audience—marketing averse.

Viral Video Idea #4: Be opportunistic. – Have your FlipVideo on you at all times to capture a great idea or moment. I heard a story about one of the leading open source database providers recently. Apparently, a Marketer for that company had a great idea for a video. He Twittered his circle of contacts to round up a video camera and by the time he was ready to shoot, his competitor had already heard about the idea and beat him to the punch.

For us, we were lucky enough to have the right video material right under our nose. A senior researcher had developed a 3D video-game like data visualization of our product data. It converted live Network Performance data from our products into 3D images. It was unique and very, very relevant.

Viral Video Idea #5: Have fun. As I wrote in this blog post from The B2B Lead, you should make fun of yourself before someone else does. We were extremely kitschy because we knew the quality of the graphics was not up to the realistic standards of today’s CGI. It had a very 80’s Tron like feel so we made the most of that. We didn’t just post the clip. We named it, packaged it and added humor at every turn.

Viral Video Idea #6: Develop a seeding and conversion strategy prior to posting your video. In 30 days with less than $7,000, our in-house team along with our team at Porter Novelli developed the strategy and materials for a complete viral video experience including seeding the campaign, welcoming viewers and offering additional content as well as a program for building a following after the campaign.

Viral Video Idea #7: In the world of viral video, production value isn’t important. In fact I would discourage it. Ours looked like some techies had cooked it up in their spare time. In fact, that’s how it started. But we did put a great deal of thought into the packaging, promotion and conversion strategy for the campaign. It is important to always provide a thumbnail image of what the viewer is getting.

Viral Video Idea #8: Protect your brand. You can make fun of yourself but don’t do anything that will embarrass you or the company. Don’t take chances with controversial content or release anything of such poor quality that you create a negative brand image. Don’t use dubious tactics to get noticed or bait and switch techniques. We explained very clearly what Netcosm was (a data visualization) and was NOT (a product for sale). We also made it clear that the work was done through NetQoS Performance Labs and not beta tested.

Viral Video Idea #9: YouTube reports that the average viewing time for videos is 15 to 30 seconds. You have a very short runway to take off. Get to the point fast, entertain and leave them wanting more. We added captions based on the old “This is brain, this is your brain on drugs” campaign. We selected clips that showed the most action and had some fun with the content. Then we offered a longer video if people were interested in seeing more.

Viral Video Idea #10: Somewhere between 40,000 to 65,000 new videos are posted to YouTube every day. Help people find it by optimizing for search engines: Tag it, name it appropriately, describe it, add links and compelling copy and optimize using the right keywords. If it takes off in a big way, you want as many links to your content as possible using your top keywords.

Viral Video Idea #11: Use your corporate blog to trigger the viral distribution and keep the story alive. You’ve got to get the word out and a press release is simply not appropriate for viral marketing. What’s more, blogging with the full story behind the campaign helps to give your program and your company a face and a personality. Make sure that personality is one that will garner respect by being completely open and honest on your blog.

Viral Video Idea #12: Build a community of interest. This is the core message behind my prior B2B Lead post on the subject of viral video marketing. Don’t use trickery or bait and switch to get people to your video because you will be forgoing one of the most valuable benefits of the viral approach – the ability to quickly and inexpensively build a community of interest. The Word of Mouth aspect of viral marketing gives Marketers a powerful way to attract a following. Do this by explaining each step of the program using your blog. Tell your audience what you were thinking when you produced it. Report on the results. Give followers a way to track the momentum and keep it alive.

Viral Video Idea #13: Seed the story with the blogerati, your customers and friends, your social network. Post it to Digg and Reddit or whatever social media site is appropriate for the topic. Twitter your followers. Leverage Social media like Facebook, MySpace, and other groups to spread the word. Of course timing is everything. Here’s a high level snapshot of our timeline.

Viral Video Idea #14: Track and monitor the results and keep your followers and the blogging community posted on the momentum building behind your viral video. This helps build excitement and credibility around how your video is resonating with the audience. It might just convince an influential blogger that he/she should write a story about you. We not only tracked YouTube views and Most Viewed Honors, but we also monitored:

  • Google Analytics for web traffic
  • Google Alerts for media and blog coverage
  • Salesforce.com for leads and evaluation requests as well as revenue opportunities
  • Eloqua for clickstream analysis to determine if people were using the right path from the blog story to the video to the microsite and finally to product pages and offers

Viral Video Idea #15: Automate and expedite lead processing. When viral goes big, it really goes big. And, studies show that B2B Marketers and Sales reps need to follow-up on Web-generated leads within 30 minutes of a registration or the chances for conversion are poor. If you don’t have a great program for automatically scoring and qualifying leads so that you can route quality leads to your salesforce instantly, you could be asking for big trouble using viral. First of all your Inside Sales team is likely to be swamped with a larger percentage of irrelevant leads. Secondly, you will miss out on a number of great sales opportunities by taking weeks to respond. We were actually given the Marketer’s Choice award by Eloqua for our Lead Scoring and Automation program that enabled us to process the leads generated by our viral campaign within 24 hours. Eloqua’s Marketing Automation was critical to this process.

Viral Video Idea #16: Demonstrate that you met your objectives. YouTube will allow you to track some of your results, but it won’t show the whole story. Here are a few results that NetQoS tracked:

  • YouTube Views: 66,000 and growing. (This did not include those who viewed it on Google video, Tech Crunch or other blogs.)
  • Blog Coverage: 70+ blogs wrote about the video.
  • NetQoS Blog Readership: Traffic more than tripled.
  • NetQoS Corporate Web traffic: YoY 43% higher
  • Organic SEO: As the chart below shows: weighted market exposure for NetQoS top keywords increased by 41% for all keywords plus 600% on the primary keyword.

Viral Video Idea #17: Show your campaign delivered value to the business. You most certainly will have to do a lot of convincing to get sponsorship for your viral campaign, so don’t miss your chance to prove to all of the skeptics that the idea was worth the investment. Show that the spike in traffic and coverage hit the right audience and generated brand awareness or demand. For us, the results show it was:

As the charts below show, there was a spike in web traffic for all product pages and a large 4X increase in Web-based leads. We also showed a 26% increase in product demo requests. Our cost per qualified lead was $16. Other techniques range from $60 per qualified lead for Google AdWords to $250 or more from a seminar or online advertising campaign.

Viral Video Idea #18: So, show me the money. Viral video, like any other Marketing campaign, should always demonstrate a positive return. While it is still too early for us to show revenue, we do have more than a half a million in pipeline from this campaign that cost $7,000.

Viral Video Idea #19: Don’t forget to subtly brand the video and microsite with your company name. Don’t be overly obvious or slick. The point is to entertain and encourage people to spread the word while subtly associating your company with the content.

Viral Video Idea #20: It’s not over when it’s over. Extend the life of your campaign. You’ve done the hard work to build a community of interest, so keep them interested and the lines of communication open. Evolve your story, and continue to post updates. For NetQoS, we turned the Netcosm experience into a live event and continued to post about it on our blog.

When we first embarked upon this viral video campaign, there was no playbook. The NetQoS Marketing Team, Dr. Mike Johns, and the Porter Novelli Austin team all worked together to figure it out. Now we are sharing our playbook with you. Let us know if you’ve had success using it or your own techniques.

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Wednesday, July 9th, 2008

 

Develop an Integrated Theme for Trade Shows – B2B Marketing and Sales Tip #118

One of the greatest challenges for event marketers is standing out from other booths at a trade show. The obvious way is to have the biggest badest booth in the expo hall, but with tightening budgets, spending more may not be an option. A more low-cost approach is to have a theme.

Here at ReachForce, we have a history of getting attention (mostly good) at DreamForce, salesforce.com’s annual user group conference. Each year we have a different, fully integrated theme to help attract more booth visitors. Last year our theme was Let’s Make a Deal (you know the old game show hosted by Monty Hall).

If you don’t remember the game show, I’ll give you a quick rundown. Monty Hall, the host, bartered with contestants dressed in costume and would allow them to choose their prize from behind one of three curtains or from one of several envelopes. The contestants always had an opportunity to trade in their prize for another mystery prize.

We decided to play Let’s Make a Deal to drive more booth traffic and engage attendees. If you attended DreamForce last year, you may remember seeing Fred and Wilma Flintstone; that was us. Fred and Wilma walked the floor handing out envelopes with $1 bills and told attendees that they could trade in their envelope for a chance to win much more at the ReachForce booth. Those of us working the booth were in costume as well (yes, I was Little Bo Peep). Booth visitors could then play a game of Let’s Make a Deal. To do so they had to take a demo of our latest software offering.

In the end, we reached all of our goals for capturing leads and gave more demos than expected. And people still remember us. One lesson learned was to consider who you are putting in costume. Our sales guy had more than a few people tell him they just could not take him seriously while he was dressed as Fred Flintstone. Be sure to draw attention but not at the cost of distracting from your message.

Different areas where you might consider incorporating a theme:

  • Pre-show promotion
  • Post-show follow-up
  • Giveaways
  • Costumes
  • Booth signage
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Monday, July 7th, 2008

 
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