Archive for May, 2010

I got into a conversation the other day with someone who was using “Push and Pull” marketing interchangeably with “Interruption vs. Permission” marketing.  I don’t think these things are quite the same, and since I’ll use both of these terms when I’m speaking to someone, I figured that I should toss this out there and see if you guys agree with me on this:

Push vs. Pull

The MBA definition of push marketing would say it’s a top-down marketing where the person who manufactures a product sells it to a retailer, who in turn sells it to the consumer.  Let’s simplify the definition and say that push marketing is generally business to consumer and doesn’t tend to have a lot of viral growth.

Push marketing requires reach. It is frequently based upon interruption (like radio or TV advertisements, for example), but you can push market without interruption. I think QVC, woot, and Groupon are good examples of push marketing that don’t interrupt your experience elsewhere.  When you go to any of these places, you know that they’re going to market things that you don’t necessarily want to you, but that’s why you go there. If you visit Groupon, for example, I’d say you’re giving tacit permission to be push marketed to.

The classic examples of push marketing that is interruption-based makes up most of the industry. But “push marketing” shouldn’t immediately be a dirty word in the minds of permission marketers everywhere.

Pull marketing

The business school definition of pull marketing is a product that creates consumer demand to the point where they go to the stores and request it. Examples of this are children’s toys and anything Apple has made during the memory of someone who’s just now graduating high school.  For Internet marketing purposes, it can be business to business or business to consumer, but the key factor is that it has huge potential for viral growth.

Pull marketing draws you in through a channel that you have trust in.  You have friends who follow @moonfruit, they tweet about a contest that the webhost is providing, and you find yourself pulled into the promotion.  You didn’t have to give Moonfruit permission to market to you; they told someone who told your friend who told you, and because you read your friend’s tweets, you learned of the contest through a trusted source. Pull marketing without permission, but that’s not necessarily a bad thing either. How else would you learn about new things?

Interruption vs. Permission

You can probably see where I’m going with this now, but bear with me.  Interruption marketing is the old model of traditional media: louder commercials, bigger billboards, splashier newspaper ads, all trying to get your attention in an increasingly advertisement-blind society. Permission marketing gets results. Whether you’ve got a list of a thousand emails that you carefully curate and send only items of interest to or  ten thousand mobile numbers you can text a coupon to, if you’re considerate and thoughtful of your lists and don’t abuse that permission, you will always see ROI’s in the high hundreds (or thousands!) of percents on your campaigns.

Building permission lists takes time, and it takes even more time to curate them well so you aren’t abusing the permissions that you’ve been given.  Properly done permission advertising blows interruption out of the water. If you don’t have that permission-based list, though, think about using some old fashioned push and pull marketing to build your brand and your lists before resorting to something ineffectual and damaging like buying someone else’s lists for your own use.

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I was asked by an acquaintance at a doterati meeting a few weeks ago how to prove value for a social media campaign that had already been completed and for which the usual tracking that I’d recommend wasn’t in place. It took a moment to devise a way to show the value that a social media campaign had created for a brand, but I ended up with these 7 steps. As a firm believer in “working smart” instead of “working hard”, have edited that email a bit and now present you with 7 Steps to Demonstrating the Value of Social Media:

  1. Look at all of the bit.ly links that were spread through social media. This will show how many hits each link has gotten, and even how many hits a day (which is probably more granular than you need).
  2. Total up all the hits on each of the pages individually that the social media campaigns have linked to.
  3. Then, go to Google’s Sktool (hey, I didn’t name it) and put the URL of each page that social media directed people to (like the organization’s homepage, for example). Google is going to do its best to guess what kind of advertising keywords that page  should be associated with.
  4. Pick a few that are actually relevant (Google’s best guess is often laughably wrong).
  5. Normalize the price per click (as in sum up all of the prices that are associated with relevant keywords and then divide by the number of relevant keywords) to derive the (approximate) value of each click that page would have cost via PPC advertising.
  6. Multiply the normalized value by the number of clicks that social media brought to that page, and there you go! Now you know the value of the clicks that your social media campaign brought you on that page.
  7. Repeat for each page that got an appreciable number of clicks. If you have 40 pages that all got 3 clicks, just take the sktool pricing from your organization’s homepage and use it as a rough for all of the pages whose click rate was so low that it’s not worth figuring individually.

Bonus Tip: If you take screen caps of the Google Sktool pricing while you’re working, you can generate a nifty “cost benefit analysis” report with hard numbers that no one can argue with when you give a presentation and show just how much social media saved your organization.

This is just one way to demonstrate value of a social media campaign (and a rough one at that), but for someone who’s just getting started and wants to be able to show the higher-ups why they should invest some more time in social media, it makes a very compelling argument. Got any questions on this? Leave me a comment or email me and I’ll be happy to answer.