There’s an old Afghan proverb that says if you think you are leading and no
one is following you, then you are only taking a walk. The great news for all
of us who are involved in marketing is that with the new media, tracking
followers is a pretty easy thing to do. Just open your social media site and it
will tell you how many followers you have. But are followers really the "following” you are after? In other words, are
they the right people to gain more sales? It is worth taking a closer look over
your shoulder.
To whom are
you marketing?
There are
typically three levels of people that you need to focus your marketing efforts
on. The first is your customers. They have purchased something from you in the
past. If they were pleased with your product or service, found the price to be
fair, received the delivery of the product/service in a timely manner, and were
treated well by your employees, they are likely candidates to purchase from you
again. This is the group that identifies with you. They are also the most
easily identifiable group when it comes to marketing. Get them on your mailing
list, ask them to like your social media, advertise your specials to them.
Retaining a customer is much easier than seeking out new ones. Customers are
the first group.
The second
group are your prospects. They may look very similar to your current customers
in terms of demographics like age, marital status, industry, etc. They just haven’t purchased anything from you yet.
Your marketing efforts will be based on what has worked with your current
customers, enticing them to give you a try. They are also a group you want
following you.
The third
group is the most overlooked of the three, but in many cases are most
important. They will never purchase anything from you, but they are the
influencers of opinion. Let me give you an example. Let’s say that you are making child
safety seats that can be easily locked into an automobile seat, a stroller, and
a high chair for feeding the baby. It has a three-in-one function and it can be
locked in place or released with a simple thumb button. Your main target market
would be parents of infants (primarily mothers), with a secondary market of
grandparents of the same children. Who would be the influencers of the target
market? That would include consumer protection groups, like Consumer Reports.
It would also include pediatric doctors. It would also include governmental
agencies like the National Highway Safety Transportation Administration. What
if the NHSTA came out with a report that said that your child safety seat came
unhitched when there was a crash of over 30 mph? No one would purchase anything
from you in that case. You need to market to these groups to convince them your
child seat is safe. Getting an endorsement from them would be golden. Beyond
consumer protection groups, there are other influencers. The biggest may be the
child. What if your child cries because
the leg restraints squeezes too hard on the baby? What would happen to your
following in your target market when the parents of the crying baby took to
your social media site to tell the horrors of your product? This may call for
some testing of your product with real babies to make sure the comfort is as
good as the safety of the seat.
What do your analytics tell you?
So we have
three groups to which we are marketing: customer, prospects and influencers.
Here is where you need to pay close attention to your analytics. Are there
specific mediums that one or more of these groups gravitate to when you are
marketing to them? For instance, in parsing through the statistics trailing
behind a recent blog post we wrote for a client, we found that about 10 % of
their customers responded when a link to the post was sent to them via an
e-blast. However, twice as many people in their influencers group responded to
the e-blast. The e-blast was a good medium for reaching their customers and a
much better medium for marketing to the influencers.
We posted a
link to the same blog on LinkedIn. In this case, very few customers responded
to the post with any kind of engagement (like, share, comment, click). Only 2%
engaged, although it had well over 1,000 impressions in 72 hours. When we
checked the demographics on the followers of the LinkedIn page, we found that
the vast majority were entry-level employees of companies – not the group we were trying to
sell. We needed senior managers, vice presidents, c-level decision makers.
Here is
where we decided to make a shift. Was there something the entry-level employee
could give us in terms of influence? We drilled down a bit further and found
that these entry-level employees were working in an industry that was highly
influential to the customers of our client. If you take a long view of
marketing, entry-level employees eventually become senior management. So we may
be marketing to them for their direct influence years down the road. But there
is a more immediate marketing strategy at work with social media, like
LinkedIn. Many of the barriers between employee levels are knocked down on
social media. An engaged entry-level employee most likely will have connections
to their senior managers on LinkedIn. If they like your post, it will be seen
by all of their connections, which means you could get to the senior manager
through the entry-level employee. We made a shift. We started listing the new
hires of our client. We also listed the promotions that occurred when
entry-level employees moved up. Guess what happened? The followers on LinkedIn
began to like, share, comment and click on these posts. What seemed to be a
function of human resources became a marketing ploy to get to the influencers.
How closely
have you looked at the followers of your new media marketing? Are you marketing
to customers, prospects and influencers? Getting to the bottom of your
analytical statistics can help you make a bigger impact on your target market.