Showing posts with label the social partners. Show all posts
Showing posts with label the social partners. Show all posts

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.



Tuesday, September 24, 2013

Video: How Open Business is shaping the 21st Century Org

If you couldn't make it in person, and were tied up while it was broadcast, yesterday's panel 'Open Business - 21st Century Organisations' is now archived and ready to watch at your leisure.
I do a short intro and then fire the questions at a stellar line-up:

Mark Earls (Author of  Herd: How to Change Mass Behaviour by Harnessing Our True Nature, I'll Have What She's Having, and Welcome to the Creative Age – Bananas, Business and the Death of Marketing). Mark is also winner of an Emerald Insights Award and a significant contributor to the chapter on Purpose in The 10 Principles of Open Business,
Andrew Hill: Associate Editor and Management Editor of the Financial Times.
Dave Coplin (Author of business bestseller “Business Reimagined: Why work isn’t working and what you can do about it” also joins us. He is Chief Envisioning Officer at Microsoft & The Envisioners).
Chris Hirst, CEO of Grey (London) Since his appointment as CEO in Jan 2010 Grey London has been the fastest growing large agency in London driven through significant new business success, strong organic growth and acquisition. Grey (London)'s success is built on Open Culture.
Dorothy Mead (Commerce innovator. Head of Marketing at Blur Group)



I've also been urging people to take a look at the result of latest research commissioned by The Social Partners (where I work). The video below has founder Ivan Palmer taking us through them.
Highly recommended particularly if you're ready to start making your social marketing something ROI can really be comfortable with.

Tuesday, February 05, 2013

Farewell 90:10 hello The Social Partners

I've never learned so much as I have learned in the last four years of my life. When Jamie Burke and I founded 90:10 Group we made it our business to drive transformation in organisations with the power of the new connectedness the social web had revealed.

We had to develop the market, create new terms of reference and rules of engagement, new job roles, new products and services, new ways of pitching for business, new ways of delivering the results.

And not just once. Constant reinvention and adaptation was the only response to a fast shifting landscape.
We grew fast. From 2 to 50+ employees in three years. Offices in the UK (we had to move three times in less than three years as the business expanded), France, Germany, Spain, Holland - and eventually into the Middle East in three cities. We were able to do so because we attracted £3.5m of revenue in consulting fees with clients from Tesco to Bupa, First Capital Connect to Citrix, Honda to Mastercard.

For more about the story of the business and Jamie's learnings from it, see Jamie's post here.

After a spectacular journey - more of the mission to the moon, than the roller coaster variety - I decided in September last year it was time for me to consider new roles. My tenure as Co-Founder and MD had lasted longer than any single role I have held as far as I can recall - a testament to the regular but inspiring challenges we faced and the continued stimulation that delivered.

I took a series of consulting gigs, developing social media strategy for two start-ups and one blue chip (I'm still working with the blue chip) between then and mid January this year. This gave me the space to think about what I value and the kind of people I want to work with.

That process ended when I reconnected with Ivan Palmer (who I have known for some many years), at The Social Partners. I'm settling in there now as Strategy Partner in Hatton Garden, London and the more I learn about the team and the scale of their ambition the more I am sure I have made the right decision.
Of course, we face daily challenges - but we do so armed with a collective wealth of experience and range of skills to which I can now add. If you'd like to add yours we do currently have vacancies.

The spirit of 90:10 continues through Open Business. 

Jamie and I (with contributions from many other 90:10 colleagues) developed The 10 Principles of Open Business through working at the chalk face of the social business and marketing space. We have codified and made this available to share. Read Jamie's blog for more on how we are making the IP available for all. Palgrave-Macmillan will be publishing our co-authored book on the subject in early 2014 (I have a July 2013 deadline for delivery). If your company has been an exemplar of any of the principles, I'd like to interview you for the book. Perhaps you can suggest someone I should speak to?

Finally, Jamie is continuing with 90:10 but taking it in a new direction. Rather than consulting to other businesses, his focus is shifting to creating start-ups based on The 10 Principles. Of course I wish him and the board every success with that. We remain very good friends.

I still believe there is much good and valuable work to be done with existing organisations, helping them learn from the world as it it to make them a better fit with it and a greater success in it. That's what's led me to The Social Partners.

And if you'd like to contact me there the easiest way is by email: david.cushman@thesocialpartners.com

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?