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Social media strategy for suits
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The Radically Digital Division of Proximity BBDO
Social media strategy for suits
The differences between B2B and B2C
Does branding add true value in a B2B context?
How do social media fit in business communications
where niche marketing tactics are prevalent?
Social media strategy for suits
73% of CEOs don’t believe
marketers drive demand for
  products and services



      Fournaise Marketing Group, june 2011
The differences between B2C and B2B
in B2B, the default is ‘safe marketing solutions’
The money you spend is lost unless you earn it back
You need permission
People involved in technology buying decisions by purchase amount

                           1-3              4-8                     9-15        >15



  $25,000-$99,999




$100,000-$999,999




More than $1 million


                       0          15                      30               45         60




                                 Source: Marketing Sherpa/TechWeb
Business marketing campaigns need to be considered in terms of months, often years
High degree of complexity
By their very nature, business offerings are niche offerings
Business buying decisions are more likely to be a commitment
The similarities between B2C and B2B
We love brands (or not) because of the irrational
Does branding add true value in a B2B context?
Copyright 2009 by Kelley School of Business, Indiana University. For reprints, call HBS Publishing at (800) 545-7685.
                                                                                                                                                  BH 319
       Business Horizons (2009) 52, 159—166




                                                                                                                        www.elsevier.com/locate/bushor




       B2B branding: A financial burden for shareholders?
       Lars Ohnemus

       Copenhagen Business School, Porcelænshaven, 2000 Copenhagen F, Denmark



          KEYWORDS                                    Abstract Is branding an effective tool for generating shareholder wealth for
          B2B branding;                               companies that are active in a business-to-business environment? Or, do other factors
          Financial performance;                      such as innovation and manufacturing efficiency–—or the lack thereof–—create or
          Return on branding;                         destroy shareholder wealth? Based on an examination of almost 1,700 companies
          Market orientation                          listed either on the United States or European stock exchanges, this study reveals this

                                                        Used%strategically,%BtoB%companies%with%a%
                                                      crucial relationship could be described as a W-shaped curve with five distinctive
                                                      phases, depending on the strategic branding position of the company. Used strategi-
                                                      cally, business-to-business (B2B) companies with a balanced corporate brand strategy
                                                        balanced%corporate%brand%strategy%generally%
                                                      generally yield a return to their shareholders that is 5%-7% higher. It is therefore vital
                                                      that key executives, including the board of directors, systematically assess and

                                                        yield%a%return%to%their%shareholders%that%is%
                                                      monitor the strategic branding position of their company and how their branding
                                                      investments are performing against key competitors. This study reveals that share-
                                                      holders should insist on systematic performance feedback from the corporation

                                                        5%:7%%higher.
                                                      regarding all key items in the balance sheet–—including branding. As disclosed herein,
                                                      very few of the companies analyzed possessed an optimal balance between branding
                                                      and financial performance.
                                                      # 2008 Kelley School of Business, Indiana University. All rights reserved.




       1. Why don’t shareholders show                                                      nies in the B2B segment. In many cases, business-to-
       interest in branding?                                                               consumer (B2C) activities have been the focus of
                                                                                           research, while industrial branding has been treated
Brands are things
we buy instead of products
       just as soon
   as we can afford to.



          Scot McKee
What do you do?
How do social media fit in business communications
   where niche marketing tactics are prevalent?
EFFECTIVELY COMMUNICATING YOUR BRAND VALUES
FOR BUSINESS
LED LIGHTING
LED LIGHTING
LED LIGHTING
     "Making energy-wasting traditional lighting technologies obsolete
through the use of energy-efficient, environmentally friendly LED lighting."
If we have values and messages
    and other brand assets that
reflect the prospects’ own view of
the world, why wouldn’t they want
    to buy from us and enjoy the
      experience of doing so?


 Scott McKee, Managing Director at Birddog Ltd., top 20 B2B marketing agency
BUILDING A COLLECTIVE COMPANY BRAIN
A simplified B2B buying cycle




           BACK THEN
                                     1
                                     2
                                     3
                                                 €
has need               research     short list   go to bid   make a
                       possible    of vendors                decision
                       solutions
A simplified B2B buying cycle




                                       NOWADAYS
                           1
                           2
                           3
                                                  €
has need     research     short list              go to bid   make a
             possible    of vendors                           decision
             solutions
Without face-to-face contact
with prospective buyers early
in the purchase process, EMC
   was losing an important
 source of information about
    prospective customers.

  Senior Vice President of Global Marketing, William Jenkins, EMC2
Two main drivers of this trend




                People want to buy,
         but they don’t want to be sold to.




         Benjamin Ellis, previously worked at or for Siemens, Cisco, Juniper, Microsoft and IBM
Two main drivers of this trend




93% of B2B buyers use search
 to begin the buying process




        Based on research from Marketo
In the past, our account
managers had all the knowledge,
  now a rep has to become a
generalist, and our hope is that
 they are able to ask the right
           questions.


   Senior Vice President of Global Marketing, William Jenkins, EMC2
EMC One, online employee network since 2007 was the start...

                       13.000
                      members



  4.2 million
    pages
                    EMC |ONE
                    online network of EMC employees
                                                       22.000
                                                      UV/month




                             2007 figures
Internal Education




 13.000                 30.000
members                members
                       = 65% of all
                        employees
.com
- community sectie op site met howto videos, info, ..
- emc world event > twitter, flickr, facebook, live streaming, the cube + linkedIn group
- emc world event > twitter, flickr, facebook, live streaming, the cube + linkedIn group
- emc world event > twitter, flickr, facebook, live streaming, the cube + linkedIn group
- emc world event > twitter, flickr, facebook, live streaming, the cube + linkedIn group
- emc world event > twitter, flickr, facebook, live streaming, the cube + linkedIn group
- live product launch: 8000 man




Multiple Launch Events                                      Symmetrix Launch Event
average of 150 clients - flew in                             8000 concurrent viewers - 1,5h live stream & chat
KEEPING A FINGER ON THE PULSE
eedback    best practices / inspir
                 dem o’s / product f                                      ation

      clients




           upp  ort
customer s

                 code examples                      ers
                                       channel partn
eedback    best practices / inspir
                 dem o’s / product f                                      ation

      clients




           upp  ort
customer s

                 code examples                      ers
                                       channel partn
If we can make our customers
     more successful than our
competitor’s customers, then the
  latter are going to come to us.



           Mark Yolton, SVP at SAP
4 C’s EMC2 and SAP had to decide on




                                                  Closed
 Content

                                                  Control
Community
What Content do you want?




                                                 eedback     b Custoctices / t
                                                           Helpest pramers geinspreation
                     (Co)-develop’s / procts ct f rvices
                            dem o Produ du & Se                                Mo ir Value
                                                                         & Thought Leaders
Get Control of Conversations
                    clients                                                               hip




                           Sup   port
       Custom er Service &

                                                           Education
Where will you host your Community?




   On top of existing                  On existing niche           Own community
    social networks                     communities               via social software

     thought leadership                 thought leadership           thought leadership
get control of conversations         help them get more value   get control of conversations
 help them get more value                    educate             help them get more value
                                                                          educate
                                                                      customer service
                                                                         co-develop
Will it be Closed or not?




        Closed                          Open
       Network                         Network

help them get more value           thought leadership
        educate               get control of conversations
    customer service                    educate
       co-develop                   customer service
Who will be in Control?




   Own             Channel              Community
Employee(s)        Partners              Members
BUILDING THOUGHT LEADERSHIP
5 Types of Sales (or Account) Managers


     Relationship    Hard
       Builders     Workers



                               Reactive
                     Lone
                               Problem
                    Wolves
                               Solvers



                              Challengers
Challengers win by pushing customers to think differently, using insight to create constructive tension in the sale.
Relationship Builders, on the other hand, focus on relieving tension by giving in to the customer's every demand.


OF




     Where ‘challengers’ push customers outside their comfort zone,
      ‘relationship builders’ are focused on being accepted into it.
Challengers win by pushing customers to think differently, using insight to create constructive tension in the sale.
Relationship Builders, on the other hand, focus on relieving tension by giving in to the customer's every demand.


OF




     Where ‘challengers’ push customers outside their comfort zone,
      ‘relationship builders’ are focused on being accepted into it.
5 Types of Sales (or Account) Manager


    Relationship    Hard
      Builders     Workers



                              Reactive
                    Lone
                              Problem
                   Wolves
                              Solvers



                             Challengers




                   n= 6000
5 Types of Sales (or Account) Manager

              tar   reps
on ly 7% of s
                            Relationship    Hard
                              Builders
                                           Workers



                                                        Reactive
                                            Lone
                                                        Problem    on average 40%
                                           Wolves                                   of star reps
                                                        Solvers



                                                     Challengers


                                           n= 6000
Be a thought provoker,
         not a thought leader.




Jeff Molander, Molander and Associates & author of “Off the Hook Marketing”
PAMPERING THE MAIN INFLUENCER
1 year after the community’s rollout:
E2E members on average requested 6 times more sample chips
   across 3 times as many product areas as non-members
1 year after the community’s rollout:
E2E members on average requested 6 times more sample chips
   across 3 times as many product areas as non-members
SERVING THE WHOLE FOOD CHAIN
I haven’t met anybody who feels
   they have their organization
       completely aligned
       with this revolution.



        John Hayes, CMO American Express
1.5 million people
                          liked this effort
 among all retailers
that accepted our card
  on that day, sales
 increased 9 percent
     year on year



                                Among small
                               businesses that
                            participated in Small
                             Business Saturday,
                             sales rose 28 percent
The best kind of marketing is the
marketing that really helps your
        customers out.




              Horse sense
SAFEGUARDING YOUR COMPANY’S FUTURE
In a highly commoditized
business, perhaps our largest
 differentiator is our people



   William Barret, Global Director of Online Strategy at Deloitte
TOTALLY IRRATIONAL BRANDING
Alex Trebek, the f
                                                  o
  on US TV                        Luc Appermont
            4                         the States
  since 196




                                     known in
                                    Belgium as
          swer-                    “Waagstuk”
u nique an tion
 and-ques t
     forma



                                              ward
            illion dai
                       ly   Daytime Emmy A ame/
         9m                 for Outstanding G tion
             viewers
                             Audience Participa
Ken Jennings          Brad Rutter
75 wins in a row   won $3.455.102
Paid Media and its immediate results




Jeopardy commercials            Book                Documentary          Press Coverage

      massive              Stephen Baker        a NOVA documentary       Worldwide press
    commercial             wrote a book &       & a TED presentation    coverage in major
 attention starting      shared it in pieces,     reached a tech &     newspapers & tech
 months in advance           day by day          ‘science’ audience        magazines
Owned and Earned Media



                                                                                   go humans
                                                                                    21%

                                                                     jokes
                                                                         46%


                                                                                    33% Watson
                                                                                    go


Facebook & Twitter          YouTube          IBM People involved               Tweets

  daily updates (&       +30 movies and      1000s of blog, FB &         35.000 tweets
still updating) to an      over 1 million   Twitter posts, created     before & during the
 audience of about      views. New movies    by info shared with       show, still multiple
   50.000 people         added regularly.        employees.              tweets per day
The long term results




Impact on Branding         Recruiting              Sparked Ideas
                                                                              i
                                                                             Inquiries

   The “A Smarter     IBM, yearly looking for    Existing B2B clients    Many corporations,
Planet” concept has      many engineers ,       are sparked with new      universities and
a higher awareness      IT’ers etc has a full    ideas, ready to take   government agencies
   and credibility.     pipeline ever since        on the next step.       requested info.
Imagine having the ability to take
 in all the information around a
     patient's medical care.




      Dr Sam Nussbaum, Chief Medical Officer, WellPoint
Conclusions




Branding in B2B does add value.
Conclusions




Branding in B2B does add value.
  Communities are a better alternative for sales people
Conclusions




 Branding in B2B does add value.
Challengeunities erfoa better ionship builders
   Comm rs outp are rm relat alternative for sales people
Conclusions




 Branding in B2B does add value.
  There’s always defin
                       itely a leship build o
Challengeunitieiaerfoa better talternative gers reason to
   Comm rs outp
  consider socs areerm relationast one forosales people
                 l m dia                      d
Will you still have a job in marketing of the future?
Thx!

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FollowFridays 2011 Session 2: Social Media strategy for suits.

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  • 4. AdNerds The Radically Digital Division of Proximity BBDO
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  • 7. Social media strategy for suits The differences between B2B and B2C Does branding add true value in a B2B context? How do social media fit in business communications where niche marketing tactics are prevalent?
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  • 10. 73% of CEOs don’t believe marketers drive demand for products and services Fournaise Marketing Group, june 2011
  • 11. The differences between B2C and B2B
  • 12. in B2B, the default is ‘safe marketing solutions’
  • 13. The money you spend is lost unless you earn it back
  • 15. People involved in technology buying decisions by purchase amount 1-3 4-8 9-15 >15 $25,000-$99,999 $100,000-$999,999 More than $1 million 0 15 30 45 60 Source: Marketing Sherpa/TechWeb
  • 16. Business marketing campaigns need to be considered in terms of months, often years
  • 17. High degree of complexity
  • 18. By their very nature, business offerings are niche offerings
  • 19. Business buying decisions are more likely to be a commitment
  • 21. We love brands (or not) because of the irrational
  • 22. Does branding add true value in a B2B context?
  • 23.
  • 24. Copyright 2009 by Kelley School of Business, Indiana University. For reprints, call HBS Publishing at (800) 545-7685. BH 319 Business Horizons (2009) 52, 159—166 www.elsevier.com/locate/bushor B2B branding: A financial burden for shareholders? Lars Ohnemus Copenhagen Business School, Porcelænshaven, 2000 Copenhagen F, Denmark KEYWORDS Abstract Is branding an effective tool for generating shareholder wealth for B2B branding; companies that are active in a business-to-business environment? Or, do other factors Financial performance; such as innovation and manufacturing efficiency–—or the lack thereof–—create or Return on branding; destroy shareholder wealth? Based on an examination of almost 1,700 companies Market orientation listed either on the United States or European stock exchanges, this study reveals this Used%strategically,%BtoB%companies%with%a% crucial relationship could be described as a W-shaped curve with five distinctive phases, depending on the strategic branding position of the company. Used strategi- cally, business-to-business (B2B) companies with a balanced corporate brand strategy balanced%corporate%brand%strategy%generally% generally yield a return to their shareholders that is 5%-7% higher. It is therefore vital that key executives, including the board of directors, systematically assess and yield%a%return%to%their%shareholders%that%is% monitor the strategic branding position of their company and how their branding investments are performing against key competitors. This study reveals that share- holders should insist on systematic performance feedback from the corporation 5%:7%%higher. regarding all key items in the balance sheet–—including branding. As disclosed herein, very few of the companies analyzed possessed an optimal balance between branding and financial performance. # 2008 Kelley School of Business, Indiana University. All rights reserved. 1. Why don’t shareholders show nies in the B2B segment. In many cases, business-to- interest in branding? consumer (B2C) activities have been the focus of research, while industrial branding has been treated
  • 25. Brands are things we buy instead of products just as soon as we can afford to. Scot McKee
  • 26. What do you do?
  • 27.
  • 28. How do social media fit in business communications where niche marketing tactics are prevalent?
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  • 35. LED LIGHTING "Making energy-wasting traditional lighting technologies obsolete through the use of energy-efficient, environmentally friendly LED lighting."
  • 36. If we have values and messages and other brand assets that reflect the prospects’ own view of the world, why wouldn’t they want to buy from us and enjoy the experience of doing so? Scott McKee, Managing Director at Birddog Ltd., top 20 B2B marketing agency
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  • 48. BUILDING A COLLECTIVE COMPANY BRAIN
  • 49. A simplified B2B buying cycle BACK THEN 1 2 3 € has need research short list go to bid make a possible of vendors decision solutions
  • 50. A simplified B2B buying cycle NOWADAYS 1 2 3 € has need research short list go to bid make a possible of vendors decision solutions
  • 51. Without face-to-face contact with prospective buyers early in the purchase process, EMC was losing an important source of information about prospective customers. Senior Vice President of Global Marketing, William Jenkins, EMC2
  • 52. Two main drivers of this trend People want to buy, but they don’t want to be sold to. Benjamin Ellis, previously worked at or for Siemens, Cisco, Juniper, Microsoft and IBM
  • 53. Two main drivers of this trend 93% of B2B buyers use search to begin the buying process Based on research from Marketo
  • 54. In the past, our account managers had all the knowledge, now a rep has to become a generalist, and our hope is that they are able to ask the right questions. Senior Vice President of Global Marketing, William Jenkins, EMC2
  • 55. EMC One, online employee network since 2007 was the start... 13.000 members 4.2 million pages EMC |ONE online network of EMC employees 22.000 UV/month 2007 figures
  • 56. Internal Education 13.000 30.000 members members = 65% of all employees
  • 57. .com
  • 58. - community sectie op site met howto videos, info, ..
  • 59.
  • 60. - emc world event > twitter, flickr, facebook, live streaming, the cube + linkedIn group
  • 61. - emc world event > twitter, flickr, facebook, live streaming, the cube + linkedIn group
  • 62. - emc world event > twitter, flickr, facebook, live streaming, the cube + linkedIn group
  • 63. - emc world event > twitter, flickr, facebook, live streaming, the cube + linkedIn group
  • 64. - emc world event > twitter, flickr, facebook, live streaming, the cube + linkedIn group
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  • 76. - live product launch: 8000 man Multiple Launch Events Symmetrix Launch Event average of 150 clients - flew in 8000 concurrent viewers - 1,5h live stream & chat
  • 77. KEEPING A FINGER ON THE PULSE
  • 78. eedback best practices / inspir dem o’s / product f ation clients upp ort customer s code examples ers channel partn
  • 79. eedback best practices / inspir dem o’s / product f ation clients upp ort customer s code examples ers channel partn
  • 80. If we can make our customers more successful than our competitor’s customers, then the latter are going to come to us. Mark Yolton, SVP at SAP
  • 81. 4 C’s EMC2 and SAP had to decide on Closed Content Control Community
  • 82. What Content do you want? eedback b Custoctices / t Helpest pramers geinspreation (Co)-develop’s / procts ct f rvices dem o Produ du & Se Mo ir Value & Thought Leaders Get Control of Conversations clients hip Sup port Custom er Service & Education
  • 83. Where will you host your Community? On top of existing On existing niche Own community social networks communities via social software thought leadership thought leadership thought leadership get control of conversations help them get more value get control of conversations help them get more value educate help them get more value educate customer service co-develop
  • 84. Will it be Closed or not? Closed Open Network Network help them get more value thought leadership educate get control of conversations customer service educate co-develop customer service
  • 85. Who will be in Control? Own Channel Community Employee(s) Partners Members
  • 87. 5 Types of Sales (or Account) Managers Relationship Hard Builders Workers Reactive Lone Problem Wolves Solvers Challengers
  • 88. Challengers win by pushing customers to think differently, using insight to create constructive tension in the sale. Relationship Builders, on the other hand, focus on relieving tension by giving in to the customer's every demand. OF Where ‘challengers’ push customers outside their comfort zone, ‘relationship builders’ are focused on being accepted into it.
  • 89. Challengers win by pushing customers to think differently, using insight to create constructive tension in the sale. Relationship Builders, on the other hand, focus on relieving tension by giving in to the customer's every demand. OF Where ‘challengers’ push customers outside their comfort zone, ‘relationship builders’ are focused on being accepted into it.
  • 90. 5 Types of Sales (or Account) Manager Relationship Hard Builders Workers Reactive Lone Problem Wolves Solvers Challengers n= 6000
  • 91. 5 Types of Sales (or Account) Manager tar reps on ly 7% of s Relationship Hard Builders Workers Reactive Lone Problem on average 40% Wolves of star reps Solvers Challengers n= 6000
  • 92. Be a thought provoker, not a thought leader. Jeff Molander, Molander and Associates & author of “Off the Hook Marketing”
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  • 97. PAMPERING THE MAIN INFLUENCER
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  • 101. 1 year after the community’s rollout: E2E members on average requested 6 times more sample chips across 3 times as many product areas as non-members
  • 102. 1 year after the community’s rollout: E2E members on average requested 6 times more sample chips across 3 times as many product areas as non-members
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  • 104. SERVING THE WHOLE FOOD CHAIN
  • 105. I haven’t met anybody who feels they have their organization completely aligned with this revolution. John Hayes, CMO American Express
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  • 112. 1.5 million people liked this effort among all retailers that accepted our card on that day, sales increased 9 percent year on year Among small businesses that participated in Small Business Saturday, sales rose 28 percent
  • 113. The best kind of marketing is the marketing that really helps your customers out. Horse sense
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  • 118. In a highly commoditized business, perhaps our largest differentiator is our people William Barret, Global Director of Online Strategy at Deloitte
  • 119.
  • 121. Alex Trebek, the f o on US TV Luc Appermont 4 the States since 196 known in Belgium as swer- “Waagstuk” u nique an tion and-ques t forma ward illion dai ly Daytime Emmy A ame/ 9m for Outstanding G tion viewers Audience Participa
  • 122. Ken Jennings Brad Rutter 75 wins in a row won $3.455.102
  • 123.
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  • 125. Paid Media and its immediate results Jeopardy commercials Book Documentary Press Coverage massive Stephen Baker a NOVA documentary Worldwide press commercial wrote a book & & a TED presentation coverage in major attention starting shared it in pieces, reached a tech & newspapers & tech months in advance day by day ‘science’ audience magazines
  • 126. Owned and Earned Media go humans 21% jokes 46% 33% Watson go Facebook & Twitter YouTube IBM People involved Tweets daily updates (& +30 movies and 1000s of blog, FB & 35.000 tweets still updating) to an over 1 million Twitter posts, created before & during the audience of about views. New movies by info shared with show, still multiple 50.000 people added regularly. employees. tweets per day
  • 127. The long term results Impact on Branding Recruiting Sparked Ideas i Inquiries The “A Smarter IBM, yearly looking for Existing B2B clients Many corporations, Planet” concept has many engineers , are sparked with new universities and a higher awareness IT’ers etc has a full ideas, ready to take government agencies and credibility. pipeline ever since on the next step. requested info.
  • 128. Imagine having the ability to take in all the information around a patient's medical care. Dr Sam Nussbaum, Chief Medical Officer, WellPoint
  • 129.
  • 130. Conclusions Branding in B2B does add value.
  • 131. Conclusions Branding in B2B does add value. Communities are a better alternative for sales people
  • 132. Conclusions Branding in B2B does add value. Challengeunities erfoa better ionship builders Comm rs outp are rm relat alternative for sales people
  • 133. Conclusions Branding in B2B does add value. There’s always defin itely a leship build o Challengeunitieiaerfoa better talternative gers reason to Comm rs outp consider socs areerm relationast one forosales people l m dia d
  • 134. Will you still have a job in marketing of the future?
  • 135. Thx!