Book Review: Social Media ROI by Olivier Blanchard

Social Media ROI

As a former marketing operations manager, I naturally gravitated towards reviewing a book on Social Media ROI.  After all, business practices are driven by ROI and marketers are facing increased pressure to show accountability.  Olivier Blanchard’s book is helpful in integrating social media with business objectives and he brings social media to life with many interesting situational narratives.  Blanchard blends these worlds into a cohesive strategy and journey consisting of investment, action, and reaction—leading to nonfinancial and financial impacts. It’s a nicely constructed methodology that remains focused on ROI.

Organizations that embrace social media properly, Blanchard explains, will benefit from enhanced collaboration, increased departmental efficiency, cost reductions and business growth.  He instructs the reader on how to present a business case across the C-level executive suite in a context that matters to each stakeholder. Without securing buy-in, a social media initiative is dead in the water.

The book’s Table of Contents is well organized and broken out into 4 sections on how to become a social company: social media program development, program integration, program management, and program measurement.

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The Three Pillars of Brand Marketing

I’m a lover of everything brand.  Branding is essential in the marketing of all products and services, including B2B purchases.  The buying decisions made within corporations are still done by people.  Buyers not only respond and are influenced by the emotive qualities (imagery) of branding, but also by the “brand proposition” or the unique, relevant messaging conveyed by marketers. Business people buy the brands they trust.

The brand platform forms the basis of how a brand is perceived and guides the consistent use of the branding message throughout all communication vehicles, including the website, PR, and advertising. The companies that excel at branding are able to develop a loyal “brand community.”

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Kickstarter Crowdfunding Platform: The Power of Fans

Singer Amanda Palmer, desired to raise funds for her forthcoming solo album “Amanda Palmer & The Grand Theft Orchestra,” and surpassed an incredible $1 million dollars!

Palmer went to Kickstarter, a social crowdfunding platform, to tap into her social network of followers. Her fans gave generously for an album not yet produced, backstage passes and for Palmer to attend house parties.

Check out Palmer’s video which tells her story in a creative way that demands attention.  Fans just couldn’t resist to be part of something so big. Does your organization have a fan base?  How do you connect and engage with them?