October 27th, 2009 by Sten Franke
“Birth announcement of Social Media Brand Building” of Sten Franke and Roman Schael is now available as a presentation, which visualise the Social Media elementary principles.
Enjoy!
October 22nd, 2009 by Sten Franke
Consumers today are everywhere not easy to grasp, whether from the perspective of the classic channels such as TV, Print, Radio and particular not from Social Media perspective. Media usage behaviour has become fragmented that the close bond between many brands and consumers is disbanding. The medium Internet enables users to move exceedingly selective. In doing so, they mainly come into contact with what owns specifically relevance to them only.
The challenge of strategy development for Social Media lies in coping with the phenomenon Real-time. As Brand Affinity Specialist, ethority develops sustainable strategies that standardise “bonding” brands and products to consumer potentials. Such strategies are built consistently that they match up with today’s decentralised and individualising tendencies of the altered media usage behaviour.
1. Social Media implies “Online-isation” of everyday life!
Inside internet time does not exist per se. Each user has to ascertain and set his proper time and determined georeference when ether he goes online. Each and every entry produces “sense of time” that entails the phenomenon Real-time. Therefore reality claims “to be online”!
2. The mass consumer turns into an individual consumer!
The process of shaping purchase decisions is fundamentally altered by Social Media. It is extended and infused by mutual recommendation, advice and finding closing decisions. Purchasing processes become “social-medialised”.
3. Real-time triggers brand swap behaviour
Real-time reference cause a serious critical maturity among users. Hence the social-medialised purchase decision process is from now on deliberated, balanced, and will be always negotiated as it is newly-made.
Each time when consumers go online they wade through markets, bazaars (forums) and sales stores (Branded Channels), and just if it happens that he shortly turns around just before the cash point, in order to consider just another object of purchase, it reveals brisance power of the Social Media elementary principals.
4. Expiration of brands and products as “Impulse Buy Items”!
Brands and products are not be advertised and sold as “Impulse Buy Items” any longer. Due to the Social Medialisation of purchase process, Social Media conversations can no longer be labelled as trivialities. Quiet the contrary, conversations in forums, blogs and on twitter we depicted as ,openly thinking`. Here users ,voicing ones thoughts` and feelings aloud.
5. Social-Medialisation puts brands and products under permanent test!
The effect of the phenomenon Real-time is that brands and products are at all times put on the test. Each time again and again as if they were brand-new! Everyday life of today’s consumers is infused by Online-isation. This requires to move monitoring continuously under the condition of comprehensive survey of Real-time. And this in order to be in the know wherever users move, mainly concerning where, when, and with what one to address them.
6. Comprehensive survey in Real-time only!
Solely in Real-time, it can be found out when it is appropriate to go into a dialogue with users individually.
7. Social Media requires permanent presence!
Social Media always require to be online. Each and every moment when consumers as users are archetypically be “on the prowl” online. The opening of a social-medialised purchase process will only succeed when empathy and knowledge about the precise and appropriate moment are applied. Whoever does not agitate in presence at the precise point of time with the user, misses to sell his advice and trading to the users interest.
8. Brands and products need to be permanently tied to consumer potential!
Sustainable strategies in Social Media and comprehensive monitoring secure that ,unmet needs´ can be detected and identified before time in order to be fulfilling when leveraging them by brands and products.
9. Not isolation, but integration!
Social Media Brand Building enables to get the Real-time phenomenon under control. One sided monitoring is not sufficient when it comes to fulfill consumer needs adequately. Usage of isolated Social Media tools (onesided non-comprehensively monitoring and manual research) can not capture many things and thereby exclude much in their search. Social Media Monitoring should not be a “tunnel vision” observation.
10. Sapere aude*!
Social-Medialisation produces “non-indebted” business maturity. Because inside the online medium consumers as users handle their intellects more courageously and responsibly. In particular when they turn into their purchasing modus operandi.
*ethority, as an advocator to respect users maturity, pull up the philosopher Kant without decidedly intending to apprehend him or grasping him entirely.
The elementary principles of Social Media Brand Building create facts!
Social Media is not just another channel of the Marketing Mix. The reason lays in well-founded social-medialisied two-way communication that multiplies the advertising impact and justifies a shift of Media Spendings. In the States and in Great Britain Online Media Spendings already exceed TV Media Spendings. When a consumer is online he does not sit passive in front of TV at all. On the contrary, when it comes to dialogue he looks for affirmation and debates on his way towards a brand or product inside forums and branded channels. Thereby he only purchases what is debated online; meaning what is social-medialisied.
The consumer does no longer look on things without comment as it is when he watches TV. He is demanding when he emits his comment and he prefers that brand with which he can collectively live the medialised going along with the brand’s product.
Social Media Brand Building is the sales trigger for two-way communication towards a 24/7 online infused everyday world. Social Media Brand Building accomplish essential “Brand Bonding” and realises that “branding together with users will be mutually shaped “.
May 8th, 2009 by Arie
Original Article by David Nelles
All beginning is hard. The dialog with customers in user generated communication channels will be more than just a free will thing to do in the future, but utmost it will become the obligation of companies. After companies have been quite detached in the last decades from their customers in regard to the communications, and now they bring consumers and suppliers back together on the same level. The imbalance of power between brands and consumers has shifted in favor of the consumer. Through social media consumers are able to talk eye to eye with companies and brands. Thus, communication with consumers in digital area requires the long forgotten abilities such as dialog capability, authenticity, and transparency. The shift of media usage will put tremendous pressures upon companies to re-adopt these abilities. The classical work of the communication collides often with the new media. Thereby, five fundamental mistakes stand out the most in regard to the social media handling:
Not being true to self. Authentic dialog also means that brands i.e. companies are communicating themselves and hence, the communication must be transparent. Transparency begins there, where users i.e. consumers can recognize with whom they actually talk to. The temptation for brands to be actively engaged in a hidden way through social media is quite alluring, but over time this could actually endanger the brand image and dialog with users. Sony, Walmart and Vichy were example from the past for such failed and fake maneuver way into social media. Only a transparent dialog with target groups will help in countering this kind of risk.
Not listening to users. Even, when it somehow hurts, it won’t be often enough said: All beginning of the company’s efforts in the area of social media must be to listen first. Social media strategies are dialog solutions and not monolog strategies. Hence, the start of each dialogs lies in listening. If one foregoes a social media monitoring, then one can hardly find the right target group. Furthermore, one cannot determine which topics the potential customers in social media are actually interested on. Who is deaf and actively engaged as brands in the area of user generated media will harvest only on disappointment – that for certain.
Not finding the right words. Marketers are often having trouble speaking the language of social media. Real dialog is more than just a press release, advertising statements or tight- lipped PR statement. A good social media strategy is definitely not just another one-way channel for press releases and brand messages. Social media marketing means: Humanize your brand. Particularly, this applies in addressing the target group. The dialog must have a real added value for users, and for them this begins with a real authentic dialog.
Focusing solely on sales. This is in my honest opinion one of the cardinal mistakes. Social media marketing is not online marketing. Measuring the success of social media marketing strategies with metrics of classical online marketing is surely not the right objective. Social media can’t be reduced simply into relation between clicks and sales. Social media marketing is the building of consumer engagement and brand image. Such metrics might not lead to a direct or clear classified buying decision, but they do show quite significant influence for buying decisions in the future. Another reason, why sales and social media only contingently fit each other: What happen with party guests, who try to involve other guests in sales conversation? Yes – They won’t be invited to the next party. The same thing applies for brands, which in their social media efforts only try to get users to buy the products. Such brands won’t have the long lasting success in social media, since no one would want to listen anymore.
Micro instead of macro approach. Big companies have obviously problems in handling social media as one whole communication process and hence, online sales department might be in charged for a group page in facebook, or company communication in charged for a corporate blog and a brand with its own twitter stream. Multiple closed communication ways within the company is the result out of such strategies. This kind of approach would only lead to confusion and the target group would not perceive the company as one unit. It’s quite decisive for user to have a voice or at least to be able to communicate with other voices. Social media must exist outward as one uniformly communication string. Hence, the various activities should be coordinated and structured on top of one another.
The listed cases, which often occur by inappropriate application of social media, are certainly not the only rocky obstacles for professional’s communicators. Nevertheless, the cases do show how companies and brands still need to get use to the direct contact with their target group. This kind of contact needs not only a different way of thinking but also a mid-term structural change in the communication processes within the company. Hence, structures of the classical communication work require a change management as to keep in touch with target group in the future.
April 21st, 2009 by Arie
Original Article by David Nelles
There it goes; Twitter has become a substantially relevant PR tool. Hence, within only few months a number of brands have experienced, how fast a crisis can spread – thanks to this channel of the 140 characters. The American painkillers Motrin had encountered the anger and resentment of few well networked moms. The E-Commerce Gigant Amazon had to experience a hacker attack over Easter, which erased literature offers regarding gay and lesbian themes. And last but not least, the Domino’s pizza delivery service has its share of experience in regard to the short distasteful video of two employees on YouTube. The three cases show that even in the U.S Twitter has definitely become more and more relevant for company’s communication. Yet, how could these three companies avoid the big disaster to their reputation before it even started? Maybe these three tips below can help a little:
Only listening does not suffice
Important is also knowing, who talks about the brand in Twitter, and how badly he/she speaks about the brand and the corresponding company. Therefore, the following few priorities should stand out in foreground:
Priority No. 1 has to be the people who make up the majority of your brand’s customers. And that will be the question for Domino’s as it plots the best plan of response: The pizza chain needs to know not only how many people saw the video but who those people are and how likely they are to be current customers.
A monitoring is not only a quantitative analysis of the relevant brands mentions, but it’s also about the qualitative analysis like the segmentation and the creation of user’s typologies. Only a qualitative analysis ensures an effective potential crisis analysis. Thereby, it’s not only decisive, how often a tweet or retweet comes out but it’s also important, whether the tweet fits into my target group or not.
Don’t hide uncertainty – Transparency is a must
Companies should engage themselves in the discussions with quick and fast manner towards the emerging crisis in Twitter&Co. even if the companies do not actually know, what is happening, just like in the case with Amazon deleting the whole product groups. A short PR statement would only ignite more fire to the unfavorable situation. A transparent answer in Amazon’s case would be to inform users that the mistakes are not known yet and people in charged are doing everything in their power to resolve the problems. Through this kind of behavior, one shows that critical voices in Twitter are being taken seriously and that one does react to the voiced sentiments. This kind of strategy can smooth the situation and best example for it: the action taken by Scott Monty after a notice of one of the Ford fan’s communities:
Monty logged onto Twitter and asked people to hold off: there was “more to the story.” That slowed down commentary. A little later he added, there was counterfeiting of Ford trademark properties involved. That froze the conversation and bought him some time.
“Some time,” in a PR crisis a few years ago used to translate into about four days. Times change. Monty figured he had bought Ford a few hours.
The above example show that through the announcement of the brand alone of something is being done in respect to the circumstances can definitely slow the spread of crisis significantly down.
Exercise precautions and build your own Twitter community
This basic doesn’t only apply for Twitter but it applies as well for the whole area of social media. In case of a crisis, a strong brand community can be a life insurance for the brand.
Strong, emotional brands that have built up years of consumer goodwill seem to be more insulated from long-term hurt. Few consumers judged much-loved Whole Foods when its CEO was caught posting comments on financial sites under a fake name. Another consumer darling, JetBlue, has recovered valiantly from its Valentine’s Day massacre, which left passengers stranded on board on a runway for eight hours.
It appears quite advantageous for brands alone, out of the perspectives of crisis prevention to build a strong community around its brand. An authentic and long lasting dialog with users, and tying customers emotionally to the brand will make sustainable damage of brand reputation very unlikely. Furthermore, a big brand community i.e. a big Twitter followers guarantees a real sense of hearing in the target group of user generated channels. At least, Domino’s Pizza now understood how essential own Twitter community can be.
April 15th, 2009 by Arie
Original Article by David Nelles
Okay, we’ve seen the missing willingness of few marketers to get into dialog with their target group in social networks. Now, it’s a fair turn to give these execs some rules on how Facebook can also work for them. Through my research, I’ve come across a really meaningful “manual book” for Facebook on mashable. Based on this manual: The five pillars for a successful Facebook Fan Page.
Networking
Connect your online appearances. Utilize you existing network presence to additionally fill out your Facebook Fan Page with life. With this strategy, you can be absolutely certain that your target group – which already actively involves in other web appearances, has an easy access to the Fan Page.
Cooperation
Use existing Fan Pages for own purposes. Why make something new, when existing pages are functioning quite well. Cooperate with existing brand evangelists. The best example is the actual cooperation between Coca Cola and its brand fans.
Information
Don’t be an advisor or exclusive information giver only to your supporters. Give also other users advises, which they can get out of your Fan Page. With this strategy, you can increase the brand image outside your own fan group. Hence, Dell plants itself as advisor for Facebook users in the application of social media for small business.
Added Value
Increase the attractiveness of your Fan Page through special offers or winning contest. Winning contest can encourage user’s engagement, which can boost engagement in the corresponding Fan Page. Good examples are Adobe , Ben & Jerry´s and Old Navy.
Relevance
Look for your target group. A proper targeting is a must for a successful fan page. Not all brands would get strong fan community like Apple&Co. Hence, a relevance check should always be in foreground of a Facebook initiative.
The following strategies should come out of the five pillars: At the beginning, an extensive targeting must make sure that the corresponding brands i.e. the products do fit into the Facebook target group. Once this process comes out with positive result, it’s helpful to check if there are big fan pages, which are worth to cooperate with. After a possible cooperation or own initiative, it’s quite important to link the fan page with the rest of the brand’s web appearances as to forward the traffic of the existing internet appearances into the fan page. In the end, the success of each branded community – be it on myspace or Facebook- depends on the quality of the contents. The content of such community must show a real added value. This could be winning contest or special offers and even promotions, which increase the user’s engagement in brand communication.
March 31st, 2009 by Arie
Original Article by David Nelles
The benefit of social media is undisputable in regard to the dialog between customers and companies. Particularly, the dialog within 140 characters stood out the most in the core of public discussion concerning the usage of collaborative media in business area. Yet, the Customer Relation Management proves to be the perfect environment for Twitter&Co.
…I think that Twitter has a unique opportunity to tap into the lucrative CRM space.
As stated by Jeremiah and he had his point there. More and more companies are using this very direct and authentic way of communications with their customers. U.S provider for web analytics – Omniture uses also Twitter amongst others social media tools, to connect and nourish the relationships with customers.
Regarding Twitter and customer relationship management, I know it’s been hugely important for us—ClientCare, and really for Omniture as a whole. I love the idea that we can listen to our customers so easily. When there are support issues, we can deal with them quicker than ever before.
Ben Gaines mentions in his statements two important USPs, which obviously speak for the application of Microblogging in the area of CRM. On one hand, it was never before so easy to listen to customers and on the other hand, it was never before possible to assist customers having problems with products or services in a fast & quick manner: two reasons, which strongly support the use of this relative new communication channel. Meanwhile, these advantages of Microblogging are already being often utilized by many companies for their customers – starting from Airlines and Automobiles, to Online Shoes and Tea. The increasingly rapid conversations via Twitter are challenging companies to actually collect and organize the flowing customers’ conversations.
It’s important to first realize that managing a large brand on Twitter isn’t scalable, with hundreds –maybe thousands of tweets about a marketplace a day, individuals will have a very difficult time managing…determining who these people are, and if they are a potential customer is important, who are these people, are they important, where do they live?
With this insights, there are recently promising technical solutions for the application of Twitter in the area of CRM, which guarantee a professional utilization and implementation of costumers contacts. One of the interesting solutions is CoTweet:
CoTweet, currently in private beta and specifically designed to help businesses maximize their Twitter ROI, tweaks the Twitter experience to match that of a more sophisticated CRM solution allowing companies to manage multiple accounts from a single dashboard, support multiple editors for each account, track conversations, assign roles, and create follow-up tasks.
Another promising service for Twitter application in CRM is also being offered by Salesforce. Users of salesforce Saas application can integrate Twitter in their CRM:
The new integration allows businesses to search twitter for mentions about their products/services, find and track conversations, track growth and easily create a database of each in their Service Cloud. Once these conversations are part of the SalesForce Service Cloud, businesses can combine these with other mentions across other networks and communities, establish connections, share knowledge across teams and most importantly, completely integrate customer service departments into the cloud.
Applications like Twitter integration in Salesforce or CoTweet will play pivotal roles in the future for the long lasting use of Twitter in the area of CRM. Especially in Germany, where Twitter starts to gain more public recognition and thus, the relevant amount of data collected via Twitter will rapidly rise quite soon. With this kind of growth, it will be impossible to do the research manually. Hence, those kind of technical solutions are inevitable for companies engaging in social media.
With all the excitement and buzz surrounding Twitter i.e. Microblogging, one should always keep in mind that Twitter is only one part of the CRM strategy in social media. It is very essential for companies to use all the relevant areas of consumer generated channels. Hence, the dialog with customers in forums, weblogs, video platforms and social networks as well as Twitter belongs undeniably to a well polished social media set of companies.
March 30th, 2009 by Arie
Original Article David Nelles
Users as brand evangelists – as multipliers of brand messaging in social media? Yet, marketers and communications execs perceive this reality as threat. Although, at the same time marketers don’t actually have any control over their brands in social media.
The success of brands in social media starts out solely through users and their engagement. Coca Cola does seem to understand this concept. The Coca Cola’s page in facebook.com has by now more than 3.3 million fans and it becomes the second largest fansite in this network. However, the success story was not initiated by any Coca Cola execs, but instead the idea originated from three normal users, just plain simple coke fans.
the Coke page, which totals 3.3 million “fans,” wasn’t even created by Coca-Cola, but by a pair of Los Angelenos who just love Coke. In late August 2008, aspiring actor Dusty Sorg was hunting for a Coca-Cola fan page he could join on Facebook. He didn’t find one that seemed legitimate so he hunted down a high-resolution digital image of a Coke can, uploaded it to Facebook and made a page.
However, a change in facebook Terms of Use last November made the creators of this fanpage quite worried. The Zuckenberg network specified that a fanpage, which devotes itself to a concrete brand, may do so only if it’s operated by someone authorized by the respected brand. Therefore, facebook offered Coke the choice whether to take over the fanpage or it will be closed. If one considers the analogy of losing control and social media, then one would likely assumed that Coke would have decided to shut the group down. Even one of the fan page creators commented quite negatively.
“Everyone has this vision that if something like this happens, the big company will send you off to Guantanamo,…”
Yet, Coke surprised the audience in this case. Coke resolved the task not by closing the group or by attempting hostile takeover, but instead Coke sought the dialog with group’s creators and even agreed to help and support the maintenance of this huge fanpage. Hence, the fanpage is given the aid of Coke’s interactive team Dusty Sorg and Michael Jedrzejewski. With this approach, Coke as a brand has shown how important it is to support fans in social media. Had Coke decided for hostile takeover or closing off the fan site with more than 3.3 million fans, it would have resulted in massive reputation risk coming from the huge brand supporters.
After the first bumpy ride in the area of user generated media, Coca Cola seems to learn its lesson. Coke has understood to utilize on users as brand evangelists, rather than to intimidate loyal fan communities in user generated media. The American beverage producer pursues with its decision the long lasting of dialog with the target group. Therefore, marketers of other brands should take this great example to heart and support their fan communities in social media. Such approach would deepen the relationships between users and brands, boost trust and loyalty as well as the sustainability of brand image.
March 24th, 2009 by Arie
Original Article by David Nelles
Social media marketing only works when a user gets a real added value through his/her engagement. This means: The interaction with brands in user generated channels must result in a measureable ROI for users, as to achieve successful marketing in this area. Thereby, in his latest post – Tom Smith opts for a change in perspectives regarding this matter. It’s not about the added value of social media for companies but instead it’s more about the added value of big brands’ social media activities for users. Smith derives eight advantages for consumers through social media marketing:
1. Social media can transcend the “black box brand” of the past into a transparent dialog partner. Social media enables user a peek behind the scenes of a brand.
2. Social media differentiates bad products from good ones. Thanks to social media, it’s easier for users to get information about specific products before buying decisions are made.
3. Social media is the perfect channel for customer service. Comcast, Dell and Southwest are few of the best examples. The basic for brands should be to actively present themselves where the target group is, as to always be there for the costumers.
4. Social media allows users to take part in product innovation. The keyword is crowdsourcing for the creation of better products. Tchibo, Dell and Procter & Gamble show how companies can involve consumers in product development.
5. User decides if he/she wants to interact with brands. In classical online marketing, users didn’t have the power of choice to decline massive brand messaging.
6. Social media efforts of big brands are the prerequisites for a free of charge usage of Facebook&Co. However, for a continuous availability and development of social media platforms developers need the money, which would come from a booked and well-planned marketing campaign of big brands.
7. Big companies have interesting stories to be told. Brands like Daimler and Coke do have stories of their own and they certainly offer consumers real added value.
8. Brands in social media are alive through users. One way or another, users’ conversations about brands would take place, regardless of whether brands are choosing to be actively engaged or not.
In the end, it’s quite evident: Social media marketing i.e. active brands in social media offer users a real numerable added value. It starts with transparency through direct customer service and the power of choice, where users can decide for themselves whether they want to be exposed to brand messaging: users benefit obviously from this 2.0 brand communication. This user’s ROI is the key indicator for the success of a brand in user generated media. Brands communication in social media ignites two-way added value, both for users and brands. This applies only, if marketers abide to above mentioned added values. Hence, keywords like transparency and authenticity should be the core focus.
March 16th, 2009 by Arie
Original Article by David Nelles
In an interview with AdAge magazine Jimmy Wales gives his estimation about marketers’ strategy of mass collaboration in digital platforms like wikia.com. But Walles also thinks that the real success of this media is often overshadowed by marketers’ fear of losing control. Thereby, brands are still not able to enter into a real direct dialog with users in user generated media.
The fear of losing control doesn’t only apply exclusively to Wiki platform, but rather to the entire area of user generated media. This kind of fear resulted from marketers’ way of thinking that they could control their brands message, just like they did back then before social media surfaces. Well could they do it? The answer is a plain simple No. After all, social media is only a consequent shift of social interaction into a digital environment. Marketers are mistaken if they actually believed that they could control their brands communication back then. Even before social media, brands were already subjected to various discussions by consumers and print media. The difference in social media is that the critical voice of consumers for the affected company is instantly visible. Feedbacks about offered services or products should not ignite fear and loathing for marketers in charge in the company. Social media offers the chance of digital consumer conversations for brand’s benefits. Hence, it was never before so easy for companies to achieve consumer insights.
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March 13th, 2009 by Arie
Original Article by David Nelles
Even for companies in B2C area, it’s quite evident that social media serves as a very efficient communication channel in the area of marketing and company’s communication. However, what about the use of social media in the area of B2B? Does a digital and interactive dialog with decision-makers i.e. buyers in user generated media make any sense at all? In regard to this question, Forrester published a survey with quite astounding results. Josh Bernoff described one particular result as followed:
91% of these technology decision-makers were Spectators — the highest number I’ve ever seen in a Social Technographics Profile. This means you can count on the fact that your buyers are reading blogs, watching user generated videos, and participating in other social media. Note that 69% of them said they were using this technology for business purposes.
Why should the communication behavior of private consumers change? Even buyers in companies use user generated channels just like private persons. Sure, the results of Forrester’s survey are referring only to buyers’ behavior from technological sector, but these findings are actually also a good indicator for the global development. A successful and modern B2B marketing should be able to adjust to the shift of media use. But, how should marketers act in B2B area? Just like in every starting process of social media strategy, a detailed market analysis is also needed in B2B:
• Conducting research to understand more about a prospect’s or client’s “buying desires.”
• Finding decision makers for certain products and services.
• Extracting names from a given community for lead generation.
• Getting answers to questions, reaching out to other experts.
• Finding joint-venture marketing partners and creating various “cooperative opportunities.”
Such analysis of target group, multipliers and brands relevant themes can only be the first step to take for the B2B marketers in social media. Besides consumer insights, a well founded Netnographic can also show the way into the relevant communities. Why shouldn’t companies use it? It is certainly advisable for companies to get into direct dialog in user generated platforms with their respective target company i.e. with the person in charge.
For example, it would offer the possibility for a wood processing manufacturer to be active in a carpenter forum. At the same time, it’s not about switching on banners, but foremost it’s about getting into direct dialog with carpenters about daily requirements of wood processing etc. With such dialog, the company can also manage their existing customers in the sense of digital CRM in respective platforms. In the end, a B2B company must implement their brands in user generated platforms to get into dialog with target group. Just like in B2C, such action would convey the brand image and awareness of buyers in respective company. Thus, the improvement of the two mentioned parameters could lead to a sustainable customer loyalty as well as new customers.
Besides the improvement of brand image and awareness, could a good B2B strategy in the area of user generated media actually boost innovation leadership of the company in the respective segment? Well, e.g. A blog – in which employees can classify branch news, comment and even describe the market development and trends – could actually provide strategic benefit for the company. Let us assume, that the results of Forrester survey in regards to the use of social media for company’s buying decisions in the technological area also meet the requirements of other branches, then a corporate weblog, podcast or video channel can be the perfect channel to underline the innovation leadership. Eventually, an image as innovation leader can leave traceable impacts on buying decisions of other companies.
It’s quite obvious that marketing in social media doesn’t exclusively apply only to B2C marketing. Even buyers in companies are increasingly using user generated media to inform themselves before making buying decisions. U.S companies such as Intel, Chevron and Millerwelds show, how it could work, and as shown by the case of Westaflex, German companies are also active in this matter. This development evidently shows that in the area of B2B marketing social media is already being used. Hence, the area of user generated media belongs as well to a fixed part of marketing mix for B2B marketing area. Justin Hitt is right, as he says:
Social media is something I added to my existing mix, in some ways it does it better (saving time, money, resources).
