SIGMA::BLOG

Last week, marketers from all around the tri-state area converged in New Jersey at our Fuel for Thought conference to learn, share experiences and develop ideas to get a handle on social media marketing.  There’s a lot we covered/learned from each session and we’ll be sharing key highlights and materials here on our blog.

We’ll kick-off the first conference recap with John Battelle’s (CEO/Founder, Federated Media) keynote on “All Media is Social.  Now What?”  John’s keynote was brilliantly right-on-topic to get us all kindling new ideas.  Here are four key areas he covered:

1.  The Rise of Conversational Marketing: First we declared our intentions (what we want) through search.  Then we declared our relations (social graph — who we are as defined by how we are connected to other people) on sites like Facebook.  Finally, during the past year we declared our utterances (what we are doing, what we are interested in, etc.) on sites like Twitter.  When you put all these declarations together — intention, relations and utterances, you have an economy of conversations.

2.  Conversation Economy: Every marketer is a publisher and every publisher is a marketer.  And every consumer is both.  What was once a one-way conversation has now become a two-way conversation. To succeed as marketers, we must leverage appropriate digital media and have conversations with customers at scale.  If you believe conversational marketing is real, we have to contemplate how we can best market in that native environment.  It’s a new form of exchange between numerous participants, and we as marketers are one of those participants representing the brand.  We are still in an early stage and we have to learn new skills by trying and relentlessly testing.

3.  What Brands Need to Succeed in Conversational Marketing: Marketing must become everyone’s job and it must become a horizontal practice rather than a vertical specialty.  This means rethinking from the top down and the bottom up.  To succeed in the Social Media, brands need the same things that are required in a Packaged Goods environment.

Scale + Safety + Quality + Engagement

4.  Conversational Marketing Guidelines:  Fuel for Thought tips and suggestions include:
-  Find conversations you want to join or start
-  Find the natural leaders of those conversations
-  Listen first, then join
-  Add value to the conversations
-  Make media annuities

To hear more great nuggets from John, be sure to follow him on Twitter at @JohnBattelle. To get an electronic copy of his presentation, please email me at jkim (at) sigmagroup.com.  The next post will recap Radian6’s workshop on “Why Listen to Social Media?”

Tags: conversation marketing, Fuel for Thought, jennifer kim, john battelle, sigma, Social Media

This entry was posted on Thursday, November 12th, 2009 at 11:07 pm and is filed under Best Practices, Fuel for Thought, Social Media. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.