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Measuring B2B Social Media ROI

By Manuel Valles Tellez, Managing Partner,  After Interactive

Social media marketing seems to be all the rage by B2C companies that are looking to grow their businesses.  Engaging the brand, impressions, views, and shareability seem to be metrics B2C companies look to when measuring ROI.  When it comes to B2B social media marketing ROI , there is a different set of metrics companies can use to find out if their strategy is working.  What are they? A few of them are:

1. Website Traffic – Your website is your company’s digital store front.  When a prospect is searching for services your company may offer, your website is the first place they will visit to determine whether you end up on their short list.  Measuring the quantity and quality of traffic from social media sites will help you determine whether your B2B company’s social media efforts are succeeding.

2. Social Media Audience – If your company is correctly targeting individuals with social media, the growth and engagement in the social media will reflect that.  However, not all growth is equal. Beware of companies that sell social media followers.  If you’re a commercial real estate company targeting real estate executives at Fortune 500 companies, these companies will only deliver fake followers or high school kids who have no interest in your company.

3. Leads – In order for your B2B company to grow, you will need sales leads.  Getting these from B2B social marketing is a great way to accomplish this.  However, since social media is about building relationships it is never a good idea to expect sales leads from day one. Think of it this way: You wouldn’t sign a contract on the spot at a networking event upon first meeting a servicer provider until you get to know him/her, the service solution, and the company. Why would you expect someone to buy from you immediately from social media without them first knowing who you and your company are?

Other metrics such as impressions are great supporting metrics for measuring B2B social media ROI. However, in the end a good B2B social media strategy will provide an ROI that helps grow your company.

Manuel Valles Tellez is Managing Partner of After Interactive , which is a Dallas-based B2B social media strategy firm.  He has years managing the social media presence of large and small B2B organizations garnering measurable results positively effecting the bottom line. 

 

 

 

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B2B Social Media Strategy: Are You Doing It Right?

By Manuel Valles Tellez, Managing Partner, After Interactive

It can be difficult for a company to determine whether it has made the right decision on a strategy or tactic until it becomes too late.  When it comes to B2B social media strategy, many companies unfortunately don’t find out they’re doing it wrong until after their resources have been wasted. So how can your B2B company know if it’s using the correct social media strategy?  A few reasons are:

  1. Strategy-Based – Before a single discussion in a LinkedIn group is posted, the first tweet is tweeted, or the first blog is posted, there should be a strategy already established that will guide the tactics toward your company’s objectives.  As a business executive, you’ve spent an enormous amount of time growing your company.  This wasn’t based on pure luck.  Why should your social media efforts be unfocused?  Beginning with a strategy minimizes risk and resources spent which will lead to a higher ROI for your company.
  2. Metrics Focused – If it can’t be measured, don’t do it.  Why?  That’s the only way you will know if your company’s B2B social media strategy is succeeding or not.  Sports teams use scoreboards and stats to determine if their team is winning or losing.  Since social media marketing is ultimately Internet-based, gathering B2B social media metrics is relatively easy to do so you can form your own “scoreboard”.
  3. LinkedIn – As a B2B company, there are typically specific industries, companies, and decision makers your business targets.  LinkedIn gives B2B companies a way to conduct target marketing to find their next customer.  In addition, this platform provides the professional environment to effectively promote your message.  This is more effective than Facebook which can cause your company’s postings to get lost among your friends and family’s vacation pictures and the latest Internet memes.

If it’s done effectively, starting with a B2B social media strategy can be an effective way to grow your business.  However, if your company’s social media efforts are focused on the right things, then there stands a very high chance of success.  You no longer have to hope social media works. You will know it will work.

Manuel Valles Tellez is Managing Partner of After Interactive which is a Dallas-based B2B social media strategy firm.  He has years managing the social media presence of large and small B2B organizations garnering measurable results positively effecting the bottom line. 

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Quick Take Photo Shoot for Kewaunee

Tell you what. There’s nothing like a small window of opportunity to get your adrenaline going. I’m talking about the recent photo shoot we put together for our client, Kewaunee, in just under 24 hours.

Kewaunee makes technical modular furniture for a bunch of different types of industries, one being clinical labs. They had just installed a lab-room-full of sleek new workstations – from their Evolution line – within a local lab that I was told processes upwards of 25,000 samples per day. Per day. That’s crazy petri dish stuff. Moreover, the window of opportunity to conduct a photo shoot was quickly closing.

Amid aisles of biohazard waste bins, Costco-sized chemical containers, and BBL stacker plates (that’s lab lingo for “petri dishes”), we captured the essence of what is the Evolution line of technical furniture.

Triad's photo shoot for Kewaunee

It was a quick turn photo shoot, for sure. Nothing that a little adrenaline, a good photographer, and some anti-microbial soap can’t handle.

- Julie,
Creative Director
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Content Marketing for B2B: Becoming More Critical Than Ever.

When you’re spending more than a million dollars for a critical piece of oil and gas equipment, you’re going to spend a good amount of time researching and gathering as much intelligence on your options as possible.  This illustrates exactly why content marketing has become so important for companies selling products and services to other companies.

In fact, a recent study by HiveFire found that 82% of B2B marketers used content marketing, and the longer their sales cycle, the more likely companies were to use this strategy.

What is content marketing?  It’s the practice of providing your customers and prospects with information they can really use in their daily professional lives – knowledge that will help them make better, more informed business decisions. Content marketing can manifest itself in the form of e-newsletters, videos, blog posts, white papers, articles, and even custom events.  And, like any good marketing plan, it takes some thought and planning to get it right.

You can read the B2B article here.

- Julie,
Creative Director
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The top 10 most overused words.

Are you a top leader and great innovator offering unique solutions? Apparently, so is everybody else.

In a RSW/US article, they cite a recent study by public relations expert Adam Sherk, analyzing the most frequent terms found in company communications. The top ten below:

1. leader
2. leading
3. best
4. top
5. unique
6. great
7. solution
8. largest
9. innovative
10. innovator

Not that there’s anything wrong with these words, per se, we just see them so much. Or should I say we don’t see them? They’ve been used and overused to the point of losing all meaning. To this list, I would add:

11. excellence
12. quality
13. value

Promise me you’ll print this out and file it under “What Not to Do.” It will make you, and me, and hopefully all those innovative leaders out there more effective communicators.

- Julie,
Creative Director
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One word: powerful.

I’m as guilty as the next ad person of being drawn to beautiful imagery, unusual font applications, and compelling design. But as a writer, I also know how much words can make – or break – a message that’s intended to persuade.

We know that words can evoke emotion. For instance, the iconic Volkswagen ad from the 60’s had the headline “Think Small” along with a simple photo of the VW bug, and a lot of white space. Design was important here. But if the headline was something like “The VW Bug is Different,” I doubt we’d be talking about this ad at all, good design or not.

“Think Small” conveys attitude. A real point of view. And it compells the reader to take action. Even if that action is just reading the rest of the copy.

If you haven’t seen the video above, it’s worth your time. For me, it evokes one word: powerful.

- Julie,
Creative Director
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Tactics, tricks and the truth about SEO

There are a lot of tactics out there for optimizing your website for search engines. And while there are some best practices which should not be ignored, many of these tactics are really just SEO tricks. And the trouble with these tricks is the search engines eventually catch on.

Most everyone I hear talking about SEO is focused on identifying and implementing the latest tricks as soon as possible so they’ll benefit before the search engines catch on and adjust their algorithms and processes. The tricks have evolved over the years from invisible keywords to complex linking schemes, but the search engines always react to stop these practices from affecting their product. Remember how powerful metatag keywords used to be?

Google recently introduced Instant Previews making it more difficult for SEOs to manipulate search results. These previews give users a chance to see what the page looks like before clicking (or voting) for that link. I hate it when my search directs me to a page filled with links disguised as content—Google Instant Previews helps me avoid this.

Another example of Google weeding out the tricks is what happened with JCPenney. After a successful run at improving their PageRank, Google discovered their scheme and intervened, manually dropping their position from #1 to #68 in search results. Make no mistake, Google doesn’t take kindly to being fooled.

All this brings me to my point. The search engines are completely focused on helping people find the best content. And to do this they have to minimize the effect of sneaky SEO tactics. So, instead of always trying to outsmart the search engines, let’s join them in helping people find useful content—by creating the useful content.

There’s a billion dollar algorithm out there waiting to reward us for doing just that.

- Casey,
Sr. Account Executive
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Google Chromebooks meet Virgin America

A few weeks ago, thanks to one awesome Groupon purchase, I boarded a Virgin America flight from Dallas to San Francisco for the low, low price of $135 (round trip!). Doesn’t get much cheaper than that – but it did get better.

Upon boarding, I noticed a shiny Google Chromebook kiosk across from our gate. I curiously watched random passengers approach the kiosk manned by a group of spunky twenty-somethings in matching shirts. A short explanation and a few clicks later, each visitor walked away with a sleek Chromebook tucked in a thin sleeve.

During the experience, I watched each passenger’s expression turn from curiosity and surprise to smug and proud. They’d obtained a neat, new gadget – for free – to access the internet in-flight – for free.

I’d never flown Virgin America before, so as soon as I caught a glimpse of the glowing purple cabin and each seat’s personal entertainment hub, it all made sense. A hip, innovative airline partners with the mother of all internet companies to help launch their new Chromebooks. Someone, somewhere did their marketing research.

On the return flight, my boyfriend and I decided to join in on the fun and take the Google Chromebook for a spin. While I found it to be a bit slow and limited in its abilities (I won’t lie, I’m a Mac), I still appreciated the opportunity to try out the new device – for free – and take advantage of Virgin America’s in-flight wifi – for free. Did I mention it was free?

The partnership of two like-minded companies offering different services to the same demographic directly resulted in me walking away with a better appreciation for both companies. Makes me wonder what other companies could benefit from a similar partnership. Could yours?

- Kristin,
Jr. Art Director

P.S. Word on the street (aka Virgin America’s website) is that the Chromebook renting service is available now through September 30th on flights from San Fran, DFW, Boston and Chicago. Try one out!

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On Triad’s Turning 17 Years Old – A Learning Experience

On August 4th, Triad Business Marketing will turn 17 years old. In some ways, it seems like a “blink of the eye” back to when I was using the box from my office chair as a desk, waiting for my real desk to be delivered. At the same time, I feel as if I have lived a whole lifetime in these past 17 years.

Let me start off by stating without any hesitation that I would do it again…no doubt about that. Now, there is a good chance I would sidestep some of the mistakes I have made, but on balance running this agency has been a great experience.

Part of what has made owning Triad so good is the many things I have learned through my association with the company. Since I am a man of lists, if nothing else, below are the Top 5 lessons I have learned over these years.

1. It’s very easy to be positive, confident, proactive, and productive when things are going well. Front-runner status is easy to maintain. But one learns more about who they are (and more importantly, what they can become) during the tough times. Tough times will either make you or break you…and the choice is yours!

2. There are people that you can count on, and those that you can’t…that’s a fact that shouldn’t surprise anyone. What was a surprise to me was how difficult it is determine the pretenders from the real players.

3. A company is not much different from a football team…except that companies generally don’t wear shoulder pads and engage in tackling drills. What is similar is the old fashioned concept of teamwork – sacrificing one’s individual glory for that of the team, for picking up the slack when another is struggling. At Triad, we win together or lose together…and the good news is that we have won many more than we have lost.

4. There is nothing more satisfying than a job well done. All of the hard work, the struggles, and even the internal clashes (that sometimes happen) all seem to be worth it, when the final outcome is great. I believe that more than anything – an ad, a website, a feature article, a marketing plan, etc. well done – has not only kept me in this business, but has kept me excited about being in this business.

5. While I have enjoyed the many “wins” we have had here at Triad, I have learned that these wins in no way mean that we’ve made it. There is always another challenge on the horizon. And by the same token, the tough times don’t mean that everything is wrong, and we should just give up. I have learned that even in the toughest times, if you keep pushing ahead, things will get better…and fast.

I’ve learned a great deal since starting Triad, some the easy way, most the hard way. But, all-in-all, it has been a great experience.

And I very much believe that the best is still ahead of us.

To close, I want to thank everyone who has contributed to Triad’s success and longevity – employees, clients, and suppliers. Triad, today, is a composite of the contributions of a broad range of people, and each and every one of these people are deserving of my sincere thanks.

Tom Prikryl,
President & Ceo
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