Showing posts with label truth. Show all posts
Showing posts with label truth. Show all posts

Tuesday, April 22, 2014

There's more to transparency than telling the truth

There's more to transparency than simply telling the truth.

Let me give you an example. A standard packet of Walkers Quavers you may buy in your local corner shop delivers 109 calories.

However, flip over to the the rear of the same pack and you find some interesting claims about a range of Walkers snacks which all come in at under 99 calories a pack. You'll note Quavers are included in their number.
How can this possibly be?

The answer is far from transparent.

A packet of Quavers from a multipack is just 88 calories actually. Wow. Do they use a different recipe? No, they just make the packs smaller (16.4g in the multipack vs 20.5 in the ordinary one).

Given time and the internet you can find this stuff out. Walkers are making the truth available - but that's not the kind of transparency demanded of Open Business; ie the kind that builds trust between consumer and brand.

There is a sense of dishonesty rather than truth in how this is presented to us. It feels like we are being deliberately given parts of the story when that part is to the benefit of one party (the brand) rather than the mutual benefit of both.

And as we make clear in chapter 10  of The 10 Principles of Open Business (Trust), building trust requires the customers belief that the brand has their best interest at heart.

The Quavers example feels like the brand tells the part of the truth it feels will be of most benefit to it at any one point. A transparent retelling may have the mutlipacks stating: "Smaller snack size - scaled down calories too"!

Transparency (Principle 8 of the 10) requires honesty. Without it we can be reduced to telling only the truth that benefits us.

Friday, March 28, 2014

The social web demands partnership with customers - and a radical rethink on content

We're... seeing a much bigger shift in how people spend their time online. 
People are spending much more time interacting with other people, and much less time consuming content from websites. This shift is not about any one particular social network. It's about people connecting to each other online.
Paul Adams, user research lead for social in the UX team at Google.

That nugget is essential information in telling the story of our shift from trusting brands and branded content, to trusting each other. It is also a revelation in telling the story I am so keen on - that the web is for us to connect with; to enable us to self-organise.

Paul adds, in his presentation  The Real Life Social Network: "The social web is not a fad, and itʼs not going away. Itʼs not an add-on to the web as we know it today. Itʼs a fundamental change, a re-architecture."

This adds to the evidence offered in The 10 Principles of Open Business that rebuilding trust between brand and customer is not the realm of ads or branded content. We are turning to each other to find the truth behind the promises made by content of this kind. Content only has value so far as social media is concerned if it proves the promise the brand is making. If the web is indeed going through a fundamental change to become the social web what that means is that ALL online content must now pass that test.

Tell me what you like, but unless I can discover the truth of your promise from the experience of my peers, I'm not going to believe you. That's our reality. How is that impacting your next web design, your next social media content strategy?

The shift suggests that now all content (that will have any value in building trust, inspiring action, at least) has to be created by people like us.

Companies must think long and hard about this shift. It demands a rethink in the role of content and in your relationship with your customer. There is no mileage in simply telling people what you are. You will have to demonstrate what you are - prove it, giving them the experience of it, which they may choose to publish to their peers.

Organisations will have to be more transparent - more ready to involve customers in open innovation, more ready to share and connect - to collaborate

Customers become partners - not dumb recipients with wallets attached.

This in itself demands a more socially focused approach to CRM than ever before, a more customer-as-partner approach. It must answer how we create, discover, reward and scale advocacy; it must back the customer's judgment when they make referrals; it must understand the difference between Lifetime Value of a customer who couldn't care less about us but has little option but to trade with us and the Customer Referral Value of someone who loves us but - right now, for whatever reason - isn't buying from us; it must understand customer intent as well as map behaviours.

Ultimately it can solve many of these challenges by turning to the same social web that is causing the rethink because there - in our digital footprints - is the reality of our referrals, the clarity of our click-paths, the negative sentiment of our disapproval.

Reading this in total (and it occurs that separating acquisition from retention, loyalty and search cannot help matters) will help us make businesses more able to respond to, learn from and be led by their customers.

By the way - Paul didn't write his presentation about the shift to the social web this week (in fact, he's no longer at Google). He presented it at the Voices That Matter Web Design Conference in San Francisco in June... 2010.

Yes. I know. It probably is about time to act.


Thursday, November 21, 2013

Brands can't live on a promise

Performance is essential in social media. Nothing moves in a peer-to-peer environment unless a behaviour is impacted.

No matter what you may say your brand is - through deeply-thought positioning, emotionally charged TV advertising or carefully crafted copy, what your brand actually is, is what other people say it is.

And what other people say it is, is what people experience it is: How it performs and how they say it performs.

Image via cuddlycomments.com
That's the message you'll find in Chapter 10 - Trust, in my forthcoming book (Palgrave-Macmillan, January 2014) -The 10 Principles of Open Business.

It's the same position arrived at by Google and Brian Solis in their work on The Zero Moment of Truth (ZMOT) and - more recently - Brian's Ultimate Moment of Truth (UMOT).

ZMOT asserts we start our path to purchase in our perception of the expression of experience of others in our social circle. We hear good things. We hear bad things. We act accordingly.

Our own research (at The Social Partners) supports the idea that social media (which can almost wholly be defined as the expression of shared experience by our peers and people like us, as viewed from a variety of individual perspectives ) is THE place we turn to for evidence of performance: Advertising makes the promise, social delivers the truth.

Brian's UMOT is a neat expression of a concept I have been applying to my own work in social media strategy:  Building trust through performance at the level of the one-to-one relationship.

Since the brand is what people say it is, having experienced it, how do we encourage people to express their joy? What we do know is that people don't express their meh! So-so performance, mediocrity, blandness - of these we have nothing to report to our peers through social. The technical barrier remains that little bit too high. We don't tweet 'coffee in Starbucks was, you know, ok '. We do tweet 'awesome service in Starbucks today' or 'Starbucks was super sucky this morning'.

We go to the effort to report the out-of-the-ordinary, not (yet) the ordinary.

Brian's response is to encourage expression (reporting the out-of-the-ordinary) we must engage them - by which he means do something to make them love you (and that is most assuredly NOT clicking the Like button or browsing over your centre-out messaging content).

My own work in relationship marketing suggests similar (indeed the whole concept of Open Business shared in The 10 Principles of Open Business is about taking customer engagement to a whole new level by making partners of customers in everything you do).

Engagement, Brian argues, is about emotion.

Again, agreed. And here's the thing to guard against: Social Media is not good at broadcasting emotion - just as it can't broadcast trust.
Emotion resides in the individual and in their interaction with their peers.  Winding up a John Lewis Christmas TV ad and setting it off among your targets won't do the job.

You have to provide the out-of-the-ordinary. You have to build trust in your performance, You have to build the relationships, one person at a time.

This may sound expensive but we are already finding methodologies to track the effectiveness of this over-
delivery, of how far and for how long the emotional impact of feeling a little bit of love resonates.
My belief - one for which I am busy gathering evidence (and there are many anecdotal examples) is that being 'insanely great', as Steve Jobs put it, pays massive dividends.

At the end of the day since the aggregate output of what other people say is what your brand is, then this is where you should be focusing your  brand budget.

All the rest is just a promise.



Friday, April 12, 2013

Thatcher's legacy? Getting away with it is not a strategy


Had the Labour Government that preceded Margaret Thatcher’s first election win had access to accurate data they would never have needed to go cap in hand to the IMF, to devalue the pound and accept swingeing cuts demanded of them for getting the loan. They were operating on a false premise – that the economy was in a far more parlous state than it actually was. This miscalculation changed the way Britain was governed

Mrs Thatcher was lucky. She got away with it.

Had a few more Argentine bombs been correctly fused, a few more Exocet missiles supplied, a few less brave men acted a little less heroicly, The US been less generous with its clandestine support, Britain would have slumped to ignoble defeat in The Falklands. It was very touch and go.

Mrs Thatcher was lucky. She got away with it.

Had the technology and the will to access and surface Britain’s biggest ever bag of gold – black gold from the North Sea – not coincided with her Premiership  she would not have been able to tilt the electoral playing field with the massive privatisation share price give-away that the oil funded, or the cut-price transfer of council housing to private ownership that followed.

Many got lucky, cashed in, took the money and ran. And thought they’d got away with it.

But far from her dream of giving more people a stake in a capitalist economy, she’d succeeded only in creating a society ever more fixated on and dominated by consumerism. Mrs T thought we aspired to prudent stewardship through ownership - but what she actually created were the conditions for rampant consumerism.

Still she believed she was right – and kept ploughing on with unpopular cut after unpopular policy because..? She kept on getting away with it.

What did we learn? Belief is important. But in the end it won’t out run the truth.

Getting away with it is not a strategy. Lucky generals don’t always win.

Gather the evidence. Act on the data.
Make a better fit with reality.

I'm a big believer in belief - but never at the cost of reality.

Monday, October 01, 2012

Panel reports from Social Media Week London

Thanks to everyone who attended, tweeted, retweeted, blogged, liveblogged and storified the two panels I sat on in Social Media Week London for LikeMinds last week.

I opened up introducing the Truth & Trust event on Monday morning and closed by joining the Future of Being Social.

Both were very well attended and shared beyond the room.

The Live Blogs are as follows:
...and there is a Storify here: http://storify.com/gabriellenyc/truth-and-trust-likeminds-smwldn from the Truth and Trust event.

I'm indebted to Andrew Gerrard of Like Minds for pointing all this out to me.
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FasterFuture.blogspot.com

The rate of change is so rapid it's difficult for one person to keep up to speed. Let's pool our thoughts, share our reactions and, who knows, even reach some shared conclusions worth arriving at?