How can you diversify to strengthen your product offering?
How can you get the best out of your staff?
What benefits could the fast evolving trade printing sector deliver?
Could it be that your own body language holds the key to growing sales and profitability?
Expert speakers at the The Smart Directions Conference provided the answers to these questions and more.
Digital transformation – the imperative to change
While printers may see opportunities in the way consumers are delivering a backlash against digital advertising, they are also coming under pressure to embrace digital through their technology and processes, as well as their service offering.
In this presentation I looked at what digital transformation means for printers and how they should respond.
“Digital transformation” was explored by marketing consultant Roger Christiansen, who described digital print as a “quiet revolution” – with virtual stock, faster time to market, printing locally and on-demand services continuing to see off the threat of e-books. Digital Printer Magazine
I hear a lot from senior managers of a certain age that Social Media isn’t for them. They feel that they should participate but Social Media seems to be an alien world, for the under 25s only.
So here’s my advice on how you adopt some of the practices of Growth Hacking and the Social Media world to build your own presence and take advantage of Social Media tools.
Why MVP ?
Growth hacking is the new approach to development. It’s all about fearlessly getting to market and growing as quickly as you can using whatever methods you can (some not so legal!). Fail fast, then fail better..
The idea of an Minimum Viable Product (MVP) is that you get to market with just enough so that you can launch, and establish the market opportunity. If you are successful, you then develop as you go to meet market demand.
You can use the same approach to Social Media. You don’t need to invest lots of money to build a presence. You can get started very cheaply and easily, and build from there. Provided you follow some key principles.
Don’t underestimate the power of Social Media
Whatever your views on Social Media, no one can deny that it has incredible power. Take, for example, the Champions League Match between Dortmund and Monaco. The match had to be rescheduled due to a bomb attack on the Dortmund bus, and there were thousands of Monaco fans needing accommodation in Dortmund.
German fans turned to Twitter to offer accommodation to Monaco fans. What was amazing was not just that Monaco fans could find accommodation but the goodwill generated by the many shares on Social Media of Dortmund and Monaco fans together.
Don’t over-estimate Social Media
But, there’s also a lot of hype about Social Media… Not everyone uses Social Media. And the world of Social Media – like much in the Digital World – is highly fragmented.
There is also a dark side to the internet. Millions of accounts on the leading platforms are actually fake accounts – and nearly 77% of all internet activity in Europe is “dark social”; untracked and off the radar. (eConsultancy, Feb 2016)
The Key point is that it is highly unlikely that 100% of your customers and prospects will use Social Media. And it is extremely unlikely that they will use Social exclusively as a channel to find out about your company or your products.
Social Media is a channel not a strategy
So you have to include Social Media in your strategy, but don’t make Social Media the strategy. Social Media platforms provide great communication channels to your target audiences.
But remember that Social Media platforms are highly fragmented and tribalised. So my advice is:
Link your messages on Social Media to all of your other channels. Don’t treat each channel (and this applies as well to email newsletters, campaigns, website, PR) as a silo. Link everything together. This will probably save you work too !
Consistent messaging – have consistent messages which you deliver across all of your channels.
Adapt for different audiences: different audiences have different expectations on the various Social Media channels (and this also applies to email, web sites and so on). For instance, platforms like Snapchat and Instagram tend to be highly image orientated. LinkedIN tends to be more thoughtful and business-like.
However beware of generalisations… because…
Rules – what rules ?
You see a lot of articles setting out rules for how to maximise use of platforms like LinkedIN, Facebook, Snapchat, Twitter etc.
However in reality there are no hard and fast rules. Twitter didn’t even invent the Hashtag: end-users created this. But this is exactly how these platforms develop and innovate…
Social Media is still relatively new. Most of the major platforms are under 10 years old and there is a lot of change going on in this sector.Facebook owns WhatsApp
Facebook introducing new Business features
Facebook owns Instagram and is introducing new features to counter the rise of Snapchat
Microsoft owns LinkedIN
Twitter may charge for Premium membership
Content – quality not quantity
According to Marketing Week, nearly 60% of all corporate content is clutter. To be fair this doesn’t just apply to Digital content (how many people actually read brochures ?) however Social Media makes it deceptively easy to create and distribute content, without any of the usual balances and controls you would normally apply to a printed piece, or content for your website.
People say that the average life of a Tweet is 18 minutes – so, if you add it all up, the vast majority of digital content has no impact, and is quite possibly never read.
So, my advice is as follows,..
Quality not quantity – If it isn’t worth saying then don’t say it !! (Be honest, who actually reads #Mondaymotivation tweets ?)
Be consistent – each Social network is a Communications channel… have a clearly defined objective for your messages and adapt them for each channel.
Cut and paste blogs for each separate channel
Play the game – when you get to your MVP you can be selective over who follows you
If you are going to participate then you need a Minimum Viable Presence – this means a credible number of followers.
So, for LinkedIN, this means at least 200 followers, preferable over 1000 to become an All-star Profile.
For Twitter and Facebook, at least 500 followers
There are a number of simple techniques to do this. Contact me to find out more.
This means that you will have to accept a lot of poor quality followers … people who have no business value… but I would say that you can be fussy about your followers once you’ve got to your MVP…
So, my advice is that, to get the best out of Social Media you need to put it in its place. It’s a valuable communications channel, which can really add value and reach new people in new ways.
Just don’t put too much effort into using Social Media. No more, no less.
I’m a Freelance Marketing Consultant. Contact me to find out how I can help your transform your business for the digital world.
So I was both a little bit surprised and – I’ve got to say – impressed last week by a class at Abingdon and Witney College.
Let me explain… I’m training as a part-time Lecturer at the College, and I volunteered to set an activity for a class of Higher Education level Management students.
The Twitter challenge
The idea of the activity was to set a Strategic challenge. So I chose Twitter. Twitter, to me, seem to be very much at a strategic crossroads. After years of growth, suddenly they have a major challenge – their user base isn’t as growing as fast as it was, and they are losing advertising revenue, partly due to the association with Donald Trump (the “Trump effect”).
So, the challenge was – if the students were running Twitter, what would they do next ?
Like a keen, newly inducted, earnest teacher I had a complete timed plan for activity ready, along with help if the students needed some inspiration…. I even had some “late breaking news” lined up to mix things up half-way through..
They didn’t need any of it..
Creative solutions from tomorrows leaders
They weren’t daunted by the challenge. What folowed was a lively and wide-ranging dicussion covering celebrities to bots.
Some students brushed off the current woes relating to Trump with a very mature assessment that, if their model is based on growth, and they are growing then they don’t have a problem longer term.
Others came up with ideas to target new celebrities and drive growth (and improve Twitter’s image).
Others suggested focusing on driving live events through Twitter ..
Rising to the occasion
Personally I learned a lot by this activity. Principally not to underestimate the potential of students. Give them an interesting challenge and they will rise to the occasion.
Isn’t this just what we want from our future leaders ?