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| What happens is, by launching the vehicle early, getting people involved in talking about the new global Focus or the new Fiesta [in] the U.S. before it goes on sale, we can lower the amount of traditional advertising we do after the vehicle goes on sale. That's where the massive cost savings have been." --Jim Farley, Ford's chief marketing officer, as quoted by MackCollier.com |
Ford's social-media efforts are saving the company huge amounts of money, says Chief Marketing Officer Jim Farley. The company built so much buzz with its Fiesta Movement campaign that it was able to cut back on conventional ad spending, winning sector-leading brand recognition while spending 90% less than usual. "By starting earlier and using social media to spread the word about the new product, we're really reducing the amount of traditional advertising we have to spend," Farley says. MackCollier.com
There's no one-size-fits-all strategy for handling a Facebook firestorm, writes Gina Gotthilf, but some simple tactics can limit the fallout. Be sure to act quickly, and to keep talking to your customers in the personal voice you've already established -- if they can see that you're a real person, and that you're taking responsibility and trying to remedy the situation, the battle is half won. "If this conversation is taking place on your Wall then some of it was most likely your team's responsibility. Your fans want to hear you say 'sorry, we screwed up and this won't happen again,' " Gotthilf writes. BlueGlass.com
There has been a lot of chatter about whether Google might buy Twitter, but it's probably misguided, writes John Battelle. Twitter's bosses have already sold companies to Google and seen them disappear, and they're unlikely to want the same thing to happen to their most successful project, he writes. Besides, Battelle notes, Google is getting much better at partnering with companies that it doesn't own -- so it would likely do better simply to partner with Twitter and let the social site remain an independent counterbalance to Facebook's dominance. John Battelle's Searchblog
A growing number of companies are looking to use Klout's social-media data to identify and woo their most influential customers. The Palms Hotel and Casino in Las Vegas is planning a "Klout Klub" that would use Klout's influence database to offer special perks to guests with exceptional social-media influence. Virgin America used the service to promote a new route by offering free flights to 120 heavy social-media users. Advertising Age (tiered subscription model)/Digital Next blog
Most ad agencies are rightly determined not to silo social media in the same way they once did digital media -- but integration shouldn't mean imposing old-school values on social-media marketing, writes Avi Savar. Social-media campaigns depend on nimbleness and engagement rather than polish and scalability, Savar argues, and agencies should be sure not to stifle those qualities. "The push for a constant flow of newness is becoming a key operational requirement," he writes. Adrants
Almost a third of Groupon deals are unprofitable for the companies that offer them, according to a study from Rice University. A survey of 150 companies in 19 cities found that 32% lost money on their deals and 40% had no intention of offering similar deals. One particularly unhappy participant declared that signing his company up for a Groupon offer had been "the single worst decision I have ever made as a business owner thus far." ClickZ
More than a quarter of companies say they aren't spending a dime on social-media marketing efforts, while another third say they are spending a few thousand dollars a year, according to an eConsultancy.com survey. Almost four-fifths of companies say that a lack of resources or budget constraints are hampering their social-media efforts, but many say they're unwilling to commit serious cash without having a clear road map for gauging social-media return on investment. eConsultancy.com
Should regulators make it easier for health care companies to go social?
Drug and health care companies should be allowed to harness social networks more fully to promote their products and services, industry representatives argued at a recent conference. People are already getting information from unregulated bloggers and digital communities, so easing restrictions on companies would simply level the playing field, said Freda Lewis-Hall, Pfizer's chief medical officer. SmartBrief/SmartBlog on Social Media
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Ralph Paglia
Director - Digital Marketing Solutions
ADP Dealer Services
cell: 505-301-6369
rpaglia@gmail.com
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