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Tag Archives: social networking

Trust as the New Currency in Brand Marketing

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dans Leadership & Innovation, Marketing Strategy

I recently heard about new book, “Trust Agents: Using the Web to Build Influence, Improve Reputation and Earn Trust,” co-authored by Chris Brogan and Julien Smith. I can’t wait to read it. As I understand it from my quick research, the book explains how brands can use the web – specifically social networks on the web – to engage in honest, reciprocal relationships with potential clients and partners in order to build groups of loyal brand evangelists.

Lisa Barone, chief branding officer of Outspoken Media, offers a great rundown of the different concepts covered in the book.  You can read it on her blog.

I think the concepts that Chris and Julien have to offer in their book are universally useful. They are guidelines that not only apply to social media, but have relevancy in other types of marketing as well. Ultimately, people want to have meaningful relationships with the products, services and people they come in contact with. And, if that relationship is nurtured properly, it will lead to trust. Trust leads to social capital which leads to referral which leads to, potentially, growing profits for a company.

By offering relevant content of value and by listening to your audience, you as a brand can begin to build your own network of brand evangelists. Think about how you can do this not only via social media, but through all of your corporate marketing communications, direct marketing, advertising, and personal interactions.

There’s a powerful currency that’s always been stronger than the dollar (or whatever you call it depending on location). It’s called trust and it can take you further that any paper dollar or coin ever could.

Online Retailers Rely on Personalized Direct Mail to Boost Sales

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dans Database Marketing, Direct Mail Marketing, Integrated Marketing

I read a great article posted on DMNews today that reinforced what many direct marketers have been saying for quite a while. Despite emerging marketing channels and trends – such as social networking sites, mobile marketing and online advertising venues – personalized direct mail containing relevant content is extremely effective in driving traffic online, generating higher conversion rates and increasing shopping cart totals.

In the article, Joslin Warren, director of commerce and development for Shop.NHL.com, noted a direct correlation between the amount and sophistication of personalization on direct mail catalogs and purchase behavior:

[When they] get a catalog and see their team on the cover, it makes them more likely to buy… We find the more that we customize the catalog, the more they are going to purchase.

Also highlighted in the article is the importance of integrating personalized direct mail with other media such as email and web. Using personalized direct mail as part of a companion marketing campaign gives marketers a better chance at reaching target audiences and motivating action on the part of the consumer.

The key point that I gleaned from this article is that the standards for all marketing communication have changed. Now more then ever, personalization of content is critical – whatever medium is used to reach the consumer.

For more statistics, tips and advice on direct mail and how to best use personalization in your direct mail campaigns, visit QuantumDigital’s whitepaper download page. (The whitepapers are free!)

The Direct Marketing Voice Links 7-27-2009

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dans News & Trends

Mail’s multichannel power

via dmnews.com Despite rising postage and paper costs, direct mail remains an important part of apparel marketers’ multichannel mix. Developments in variable data printing and database marketing enable these marketers to send targeted messages to their best customers that feature high-quality imagery and creative that attracts buyers.

Social Media Won’t Work if You Aren’t Social

via mpdailyfix.com What I’m noticing, and surprisingly this comes from the so-called ‘experts’ as well, is that many people can be decidedly anti-social in the way they use social media. I’ve seen company representatives get snippy and angry if they are challenged even mildly in blog comments.

Publications shift ad focus away from print

via dmnews.com In a sign of the hard times faced by print businesses today, two major newspaper companies, the New York Times Co.-owned Boston Globe Media and Washington Post Co., have launched new business divisions that are decidedly not focused on ink and paper. In fact, both companies have decided to focus on marketing services as a growth area.

Why You Need to Build your Social Capital

via mpdailyfix.com What currently looks like islands of Social activity in various Social Networks will begin to control your life – the jobs you get, the schools you go to. Those that have weak Social Capital will become the equivalent of Social Outcasts – not able to get the killer job at the financial institution or accepted into Harvard because they have very low Social Capital.