Tuesday, March 24, 2009

Social Media Rising As A Marketing Tool

CM Comment: Examples of simple ways to get a social media program started.

March 21, 2009: summarized from Tahoe Daily Tribune -- Social media first infiltrated personal lives, and now South Shore businesses are using it as a resource. By using Twitter, Lakeside Inn and Casino can find people who are coming to the South Shore, and then recommend a place to stay, visit or eat. For example, if people are looking for a place to watch the NCAA Men's Basketball Tournament, Lakeside personnel can quickly post on Twitter that Lakeside is a good place to grab a beer and catch a game.

Social media provides different channels for businesses to access potential customers, and it's an interactive environment because you have conversations with people versus showing them a sales pitch.

Social media can be daunting if people aren't familiar with technology, and businesses should research it before diving in. When using social media, business owners need to provide content from those who are familiar with the business. People posting need to know the brand, and make sure they're using sites that best fit them.

And it's even better when people post things referring to your business. When Lakeside hosted Ullr's Jib Jam, attendees posted videos of the rail jam competition on YouTube. That's the type of interaction businesses receive through social media.

Full story at: http://tinyurl.com/dnxfmt

The Future of E-Mail: Four New Marketing Segments You Need to Know About

CM Comment: A viewpoint of email recipient segmentation. This is especially relevant as more and more casinos look to leverage email to supplement their direct mail programs.

March 16, 2009: summarized from ClicxZ -- It's said that the only constant is change. As you look around the world of marketing, you can certainly see significant change happening. One of the most exciting changes coming down the road for e-mail is how we look at segments in our e-mail databases. Historically, segments have consisted of your tried-and-true responders and non-responders. From there, sub-segments have often included new customers, high-value customers, high-transaction customers, and so on. The approach to e-mail segmentation has typically followed standard direct-marketing practices.

We live in a digitally enabled world. Consumers demand faster access to the information they want, when they want it, on whatever device they're reading it on. Even personal communications are becoming more digitally inclined. The typical person on Facebook has an average of 120 friends on the social network site. With this digital evolution, e-mail has no choice but to grow and change with the times.What does this mean for marketers? You must be smarter about your segments and find ways to make e-mail work harder for you in this digital world. That said, let's take a look at four new e-mail marketing segments you need to know about:

The Social Influencer
These are people who signed up for your e-mails, but only respond to them occasionally. It's not that they don't love your brand -- they do. They're just too busy on Twitter, Facebook, LinkedIn, and 75 other networks to click on your e-mail. Send them an e-mail that impresses them, though, and watch what happens. Nope, they still won't click through and buy, but they will post it to their groups and drive up to 412 percent more response to your campaign than you would have had with your entire list alone. Why? These people are influencers. You know, the cool kids. Get these guys to love your message and your campaign will be bigger than you had ever dreamed.

The High-value Customer
Sometimes the people in this segment are mistaken as the most important on your list. In the new world of e-mail, these are called the short-term revenue drivers. These people buy from you. But they love you so much they want you to be their best kept secret. So there's very little exposure of your e-mail to their friends and family. Think of these people as your revenue rock. They provide the base of money, while social influencers blow out your ROI.

The Wannabes
This is 80 percent of your list -- people who like your brand, but who need your help. They love the offers and the deals. What are they looking for? For you to tell them how to best work with you. E-mail people in this segment with ways to leverage your Web site, access deals, and just plain be more engaged. They want to be high value or social -- they just need your help.

The "This is Spam" Clickers or UnsubscribersThese people are often forgotten in the olden days of e-mail. If your unsubscribe rate is less than 1 percent, generally you're happy. But what about people who no longer want your e-mail? Do they matter anymore? Yes they do. These are people who felt your message wasn't relevant to them. Some were so uninspired they couldn't even find the time to look for the unsubscribe link -- they just clicked, "this is spam" to get you out of their inbox. Beware! These people are really social influencers in disguise. One unsubscribe or "this is spam" click can equate to 10 people hearing about how bad your e-mail is. In the new world of e-mail, these people should be targeted in different ways. Woo them back before they cause brand damage.

Full story at: http://rs6.net/tn.jsp?t=5ldxhzcab.0.0.o7uw4wcab.0&ts=S0394&p=http%3A%2F%2Ftinyurl.com%2Fcm6w2w&id=preview

Online Communities Gain in Popularity

March 12, 2009: Summarized from Promo Magazine -- Online member communities have gained popularity, even outpacing e-mail. The communities, which include both social networks and blogs, are now the fourth most popular online category visited by 67% of the global online population, according to new research by Nielsen Online.

The communities are growing twice as fast as any of the other four largest sectors-search, portals, PC software and e-mail. Social networking will continue to alter not just the global online landscape, but the consumer experience at large.

Other findings include:

* One in every 11 minutes online globally is accounted for by social network and blogging sites.

* The social network and blogging audience is becoming more diverse in terms of age: the biggest increase in visitors during 2008 to member community Web sites globally came from the 35 to 49 year old age group (+11.3 million).

* Mobile is playing an increasingly important role in social networking. UK mobile Web users have the greatest propensity to visit a social network through their handset, with 23% (2 million people) doing so, compared to 19% in the US (10.6 million people). These numbers are a big increase over last year-up 249% in the UK and 156 percent in the US.

Full story at: http://tinyurl.com/df737p

Will Social Media Throttle Email Marketing?

CM Comment: An article spotlighting the changes facing interactive marketing, escpecially email marketing.

March 20, 2009: from econsultancy.com -- Are you getting less email these days? I am. And that can't be good news for email marketers. Is email beginning to wither on the vine?

By "less," I'm not referring to work email (if only!) or messages from marketers, but less of the type of email that added a little frisson to checking the inbox: fun, flirty, and conversational messages from friends, family, and objects of affection. That stuff is now flowing in through all sorts of other digital channels, of which email constitutes a smaller and smaller part.

It's certainly not as if I hear any less from my nearest and dearest. It just isn't necessarily via email anymore. Some friends who have had my email address for years only ping me via Facebook these days (what a freaking pain - you have to go to Facebook to reply to them - yet they persist). Or they simply update their profiles when they have something to communicate. Others prefer to stay in touch via SMS or IM, and more and more Twitter's direct message function is the channel of choice for on-the-fly communications.

Hey, who doesn't dig having options? Well, perhaps it's something email marketers should begin to question.

Since the internet began gaining in popularity, email has been the #1 online activity. It still unquestionably is, but I more than suspect other channels will make serious inroads into email's efficacy. Think about it: when your inbox holds only the promise of work, electronic invoices, bank and credit card statements and advertising, doesn't it lose value? Where's the engagement? Where's the content that impels users to cuddle up and spend quality time in the channel?

Email is becoming the equivalent of snail mail. You dip into your postal box daily to collect the handful of bills and circulars that aren't yet emailized, but when's the last time you were delighted by a postcard from a friend, or a sweet billet-doux? Yeah, that's what I thought. And you're not holding your breath for the next one, are you?

Teens and young adults were the first to disengage from email. "They just don't use it at all, " marvelled agency types as long as five or six years ago. They text. They IM. And increasingly, so do the rest of us.

Smartphones are doing their part to throttle the channel, too. HTML doesn't render on a Blackberry? Delete. It's a newsletter? OK, right - but first I have to check this text.

Dont get me wrong here. Email's not going away any time soon. But what it will have to do, and soon, is adapt to new realities. The inbox is shrinking...as other forms of messaging storm the floodgates.

Full story at: http://rs6.net/tn.jsp?t=5ldxhzcab.0.0.o7uw4wcab.0&ts=S0394&p=http%3A%2F%2Ftinyurl.com%2Fcqw893&id=preview

Tuesday, March 17, 2009

Social Networking and the Slot Player

CM Comment: Good article in this month's edition of Slot Manager ... especially worth keeping an eye on are the initiatives by slot manufacturers to weave at-home social networking directly with the in-casino game-play experience.

March 1, 2009: summarized from Slot Manager Magazine -- WMS keeps close tabs on what's happening in the social networking space as part of its ongoing research, said Rob Bone, vice president of marketing. WMS' research shows that 70 percent of the gaming demographic has access to the internet, and 90 percent of those people have access to broadband. "Casino people are already online. They're a lot more capable and a lot more knowledgeable about the internet than the average population." The very nature of gaming is changing. While gaming traditionally has been a private, solitary experience, players are embracing new experiences. "Gaming has become more communal, and it's become more social, and it's being enhanced," Bone said. He likened it to the experience at an exciting table game. "The experience is still whether you win or lose, but it's drastically enhanced by the people you meet, and the experiences you share." Social networking is "a way to identify what's important to you and what type of experiences you want to have." One thing Bone stressed was that WMS' goal with its Web strategies is not to compete with customers. "We're trying to give a solution that enhances their brand and extends their brand. We're trying to enhance their ability to connect with their players." Over the next 12 to 24 months, Bone said, the industry will see WMS deliver more games and strategies to help casinos leverage the player experience.

Bally Technologies also is paying close attention to social networking, said Bryan Kelly, Bally vice president of technology. "Clearly Bally is interested in how we can communicate directly to the casino to drive new players to casinos or retain players," Kelly said. "We are interested in that market and how we could help link those sites and those experiences to hopefully drive some new consumers to the floor. As a systems provider to the casino industry we could enable the linking of those sites and those technologies to our CMS, our player tracking system, to help create those bonds," he said. Like Bone, Kelly cited the advent of community-style games. "As the casino industry moves toward community-based gaming, we are working on that effort," he said. Tournaments are a natural for community-style events that are more customized to the players. "The consumer may want to create his own community. I might bring my buddies to the casino and want them to play with me in these community-type events," Kelly said. "Clearly this is happening in the portal-based gaming world, [and] will migrate into the casino gaming world."

Full story at: http://rs6.net/tn.jsp?t=bnpl4ycab.0.0.o7uw4wcab.0&p=http%3A%2F%2Ftinyurl.com%2Fdc3y9c&id=preview

Harness The Power Of Twitter For Local Marketing

CM Comment: Yes another article on Twitter, but this one is relevant because it references Luxor's use of this service.

March 9, 2009, summarized from Search Engine Land -- The Twitter social networking and micro-blogging service was launched only two years ago, but it's rocketing up in usage numbers quickly, and it seems likely to turn red-hot. Many companies are rapidly cluing into the promotional value, but smaller businesses appear slow to hop on the bandwagon. Here are a few tips on leveraging Twitter to help your locally-oriented business.

As oft pointed-out among search marketers, Twitter links do not pass "link juice"-that is, they don't transfer PageRank value from Twitter to linked-to sites. Even though links in Twitter are not followed, there still could be some small value in real ranking terms, according to the theory that "citations" or "references" appear to sometimes help improve rankings in local search. So, at the very least, it's a good idea to claim a profile in Twitter and link back to your business site. But, the larger value of Twitter to your company may be in terms of audience engagement and as a communication vehicle, if you learn to use Twitter effectively.

If your business is something people seek out frequently, like an entertainment venue or restaurant, then consider monitoring Twitter mentions containing apropos keyword phrases and send replies recommending your place to them. Use Twitter Search for this.

Also, keep a pulse on how many of your types of business are in Twitter. If a user gets inundated with dozens of recommendations from businesses for such a query, they're likely to get irritated.
Here are some tips I have for ways that you might be able to use Twitter to find and engage with customers:

- Send instant coupons. Empty restaurant? Tweet out a small discount offer for the next hour and fill the place up!

- How about Tweet coupons based upon the customer showing you that they've retweeted the offer out to their list of followers? ("Retweeting" = "forwarding" to other Tweeters). This encourages a viral behavior.

- Entertainment venues-tweet out the week's events!

Not to be outdone, the Luxor Hotel & Casino in Las Vegas is tweeting entertainment tix and lodging promo codes. Perhaps they're just slightly edgy/risky in the icon they use for their Twitter profile, though - could it be an actual picture of Brandie, their "Interactive Marketing Ninja," in that revealing bikini?

Full story at: http://tinyurl.com/cueqvy

Be It Twittering or Blogging, It's All About Marketing

CM Comment -- Still trying to understand Twitter along with other social networking channels and the role they might eventually play in your marketing mix? Then read on ...

March 12, 2009: summarized from The New York Times -- Passionate New York Jets fan. Keen Knicks fan. Spends hours a day on the social networking sites Twitter, Facebook and Tumblr. Imbued of an entrepreneurial spirit - he even dreams of owning the Jets someday. Gary Vaynerchuk may sound like an all-American boy, but at 33 he is a successful, grown-up businessman who has put his enthusiasms - and his penchant for publicity - to work in achieving 15-fold sales growth in his family's wine business in the last decade, to $60 million.

He rebranded the shop, which was founded by his father, Sasha Vaynerchuk, a Russian immigrant, in Springfield, N.J., as the Wine Library and began online sales in 1997, when he was still in college. Since then he has steadily advanced his Internet-based marketing skills. His sites are tv.winelibrary.com, where his daily webcast, "The Thunder Show," has won a wide following, and garyvaynerchuk.com.

Last December, seeking to enhance sales, he offered free shipping and promoted it three ways. As a result, he said, a direct marketing mailing cost $15,000 and brought in 200 new customers; a billboard ad cost $7,500 and won 300 new customers; and tweeting the promotion on Twitter attracted 1,800 new customers. No wonder he loves the online approach and is in demand as a consultant by businesses as large as Disney and as small as neighborhood hardware stores.

Full story at: http://tinyurl.com/coqhap