Justifying Social Marketing: From Publishing to Sales

What is an acceptable payoff in terms of time investment put IN and the return taken OUT (actual revenue) of social marketing?  What’s reasonable to expect and how soon?  I’ve begun to crack the nut that is this question by talking with people who have direct experience.

Let’s be honest — when people start talking about marketers becoming publishers in a ‘social marketing’ context it can quickly begin to smell like Web marketing snake oil or ‘branded entertainment’ hogwash.  One way of fighting this is to get, as Sam Decker of Bazaarvoice said to me, “operational, not conceptual” — consider less and do more.  But before we start doing it’s critical to justify and plan investments in what amounts to online publishing-with-a-purpose.

Picking up from my prior story, Rok Hrastnik of Direct TV marketer Studio Moderna, believes that “the content is your way in … your bargaining chip to win consumers’ attention.”

He says it’s the first step in a relationship with prospective customers that, someday, may result in profitable sales. “The emphasis being on ‘some day.”

To me this was beginning to sound a lot like branded entertainment.  Someday?  Yet these are big questions and I knew Rok to be an experienced guy so I pressed him for more.  In fact, I’ll share a couple of examples — focusing on Studio Moderna’s Dormeo.com brand (mattresses and bedding) and Wisconsin pet goods purveyor, DrsFosterSmith.com.  Both companies report steady sales streaming in as a direct result of publishing efforts.

Setting Expectations

How fast have each of these companies managed to track back sales to efforts?  In a matter of months. Make no mistake these are direct response marketing companies that have been around for a while.  They know how to get things done on the Web (built for direct response).

Okay — so I’ll make quick work of how this gets done. First, this “marketing as publishing” model is not a short-term vehicle as evidenced by companies like Drs. Foster Smith whose PetEducation.com site produces audio-visual content internally (they don’t outsource).  That takes time to build and get good at production value yet Drs. Foster Smith have decades of content creation to lean on since they pioneered “magalogs” (content-heavy magazines).

On the other side, the Dormeo brand leverages outside writers to create e-mail newsletter content that establishes continuous, often viral relationships with ‘someday customers.’  When I say ‘viral’ (another voodoo word) I’m referring to customers who love to pass Dormeo’s content to family and friends under promotional incentive.

“Content creation and publishing is the long term thing you do to gradually convert your prospects into customers in ways they may actually welcome,” says Hrastnik who’s busy selling products that consumers don’t exactly purchase frequently or on impulse — mattresses!

Yes, “It Depends”

Sure how fast you’ll see results and what those results look like will vary… but be assured the metrics are not “videos viewed” and/or “e-mail open rates.”  They’re far more serious — metrics that please CFOs and CEOs.  No, they’re not always focused on the immediate sales transaction.  Think “actions taken” that involve interaction with the brand itself like sign-ups, registrations, downloads etc.  Things you’re doing that help prospects move forward along their “chronology of purchase intent” — toward purchase.

Nobody expects immediate results these days.  They just expect you to have a plan that can be measured and adjusted as you execute it.

Don’t forget the most important aspect — making occasional calls to action.  Pitching content-lovin’ prospects what you’ve got to sell.  What’s the proper mix of content + sales pitching?  Again, that depends on what you’re pitching to a degree…

Talk Talk

What to talk about?  Stated plainly, Hrastnik suggests if you’re selling things like mattresses, don’t limit yourself to talking with customers about sleeping or your brand — “talk about sex, relationships, health, productivity, motivation, success and other things that people actually care about.”

How do you say it?

Although Bazaarvoices’ Decker is invested in the concept of customer-generated content, he admits, “Customers won’t create content in all the places you need to reach the market and at the times you need to hit your goals.”

“The key is to leverage their voices, either in the creation of your marketing or by using their words directly, to make your ‘talking-at-them’ more authentic, credible and relevant,” says Decker who recommends a listen-and-react model to creating content that could be published as text/email or video.

Again, Hrastnik outsources to a team of external writers and graphic artists to get the job done but holds on to the promotional and database marketing aspects.

Just Do It

“Get operational, not conceptual,” says Decker who worries that too many marketers invest time planning and not executing.

He also suggests creating an internal “council” focused on forward-thinking ideas — working to drive them forward across multiple functions and make them happen.  This, he says, fosters the required cultural shift that crosses multiple departments.  Essentially, “it takes a company” to plan and execute a content-driven lead or sales generation strategy.

In the end all of this can be a little scary.  Yet by tying even the smallest of “baby step” trials to their impact on sales — and ultimately profit and loss — progress can be made.  Marketers simply must take a little risk and definitely take a note from the book of direct response marketing.