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7Dec/060

Tips for monitoring social media for your business

Posted by Eric Long

As recently posted, monitoring social media is very powerful -- particularly when it comes to customer support. Let's not forget that social a is more than just blogging -- it encompasses everything about online communication, including message forums. From simple to complex, message forums are a much larger animal to monitor. Here's a few recommendatins as well as thoughts on why you should be monitoring social media:

Referring links can sometimes be the crystal ball you've been looking for
Setup a daily report so you receive the top 25, 50, 100 (whatever you deem necessary) referring links to your website. We do this for SuperMotors so we can see which sites have generated traffic to SuperMotors.net in the past 24 hours and why. The fact that you get a lot of traffic from referring links is good to know, but you need to evaluate the reason for this traffic. This, by far, is one of the easiest methods at determining whether or not an "internet riot" is brewing regarding your company. I cannot count the number of times this has helped us discover a discussion occuring on another forum regarding a problem with our site.

No matter what, consumers will voice their concerns where it's convenient for them.
Your customer support phone number and/or e-mail address may be clearly listed on your website, but your customers and consumers in general do not like to wait for answers. This is another reason social media is so powerful when it comes to recommendations and support issues regarding products. What's more convenient: Calling a customer service center with a question and sitting on hold? E-mailing a customer service center and waiting for feedback? Or searching a website full of consumers who have already encountered the problem or question you have? I'll search the web first every time before contacting customer service. It's instantaneous and it's convenient. Spending 5 minutes researching with Google is often times much more effective than spending 5 minutes navigating through touch-tone phone menus and speaking to a first-tier customer representative.

Find the most popular sites sending traffic to your site and monitor them on a daily basis
My morning routine consists of checking e-mail, reading RSS feeds, and hitting the top 5 discussion forums that drive the most traffic to SuperMotors on a consistent, daily basis. Register accounts on these sites and be available if discussions start up about a problem with your site or business. Use the search feature: search for company name, domain name, mispellings of your company name, abbreviations of your company name -- anything to find topics of discussion on your business. This can be extremely effective and will save you from losing customers that otherwise would have gone to a competitive service. Most days, you won't find anything, and it takes 5-10 minutes of your morning. Other days, you'll spend quite a bit of time defusing touchy situations regarding poor performance of your service. Suck it up and be honest with your customers, they'll appreciate it...and they'll stick with you.

Search blogs, del.icio.us, digg, bloglines, technorati, etc.
Again, doing your due diligence will pay off. You need to know what people are saying about your business. Start with these resources (in no particular order):

If that's overwhelming, try monitoring RSS feeds of search results from the above URLs (each of them offers RSS feeds for search queries -- except del.icio.us).

Professional social media monitoring & measurement services
I'll be test-driving BuzzLogic over the next few months as they iron out the kinks in their beta (and will be reporting any interesting findings). You may be interested in a more comprehensive list found here.

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7Dec/060

Another kudos to blog monitoring: PEER 1 Dedicated Hosting

Posted by Eric Long

Chalk up another well-educated company (PEER 1 Dedicated Hosting) doing their part in monitoring blogs for feedback on their products and service (this makes company #3 to contact me as a result of a blog post in the last few weeks). This morning, I received a call from a sales manager from Peer 1 in response to this post. Again, I must applaud the blogging medium for its power as well as companies who recognize the significance and impact of consumers and customers doing the blogging.

After assuring me that this was not the desired result for my initial experience with them, I also received a call from the rep who I have been working with as we pursue hosting for SuperMotors.net. Since clearing the air, I have received two customer references from PEER 1 (which is really all we're waiting for to help validate their service -- everything else looks great and we anticipate signing a managed hosting contract in the next 2-3 weeks).

I strongly recommend investigating companies that measure social media for your business. I'll be giving BuzzLogic a shot in the coming months as they perfect their beta. My little blog has found its way to 3 vendors I do business with. Just imagine how many of your consumers and customers could be saying something about your company on their blogs. My whole perception of Omniture, Clickshift, and Peer 1 has drastically improved as a result -- and it very easily could have lead me to another vendor without them reaching out to me.

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6Dec/060

Today’s blog-monitoring kudos go to Clickshift

Posted by Eric Long

After a recent post about Clickshift being acquired by WebTrends and voicing my concerns, and a previous experience with Omniture monitoring blog posts, I did get a call (voicemail) and e-mail follow-up from Clickshift. Let me go on a slight tangent by saying how much I love how powerful blogs can be and how easily accessible the information is for research and brand protection. I think there's a definite future in this way of servicing new and existing customers and really allows companies to obtain candid feedback from real-world users, and not just people who are so fed up that they call customer service to complain -- and quite frankly, I don't have the time to do this as it's typically easy enough to go to a competitor. Here I am now, championing their efforts and feeling important to them.

I digress. Back to the WebTrends aquisition of Clickshift. Not to worry says Clickshift: same service, just a new logo. So I'm back to looking at their very attractive SEM model again. With 2007 budgets nearing finalization, whichever route I choose can't begin until January, so I have some time to look over it in a little more detail and learn how exactly they will integrate with our site -- and how it can co-exist with Omniture. I realize that technically speaking, the code easily co-exists on each page. It's the data analysis and path-to-conversion process that is going to be somewhat of an overlap.

On one side, I will have Omniture reporting data on non-SEM conversions and then through Clickshift, I will have SEM-based conversions. Not having this data centrally managed requires me to consolidate both sets of data either in a spreadsheet or by some other means. This was the beauty with the Omniture model is that all SEM data and web analytics data could be rolled into a single report. While they haven't exactly made that process painless (and I'm considering going to Omniture University to learn how to get the most out of their application), I take comfort in knowing that it's all there if and when I need it. Time will tell. If Clickshift truely works, then the time savings alone in bid management rules and the day-to-day babysitting of SEM will far outweigh the temporary inconvenience of rolling data from 2 sources into 1 report/spreadsheet.

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22Nov/060

kudos to omniture for monitoring blogs

Posted by Eric Long

Bonus Points for Omniture
Unbeknownst to me, last week as I was testing out this new installation of WordPress blogging software, a post I made which referenced Omniture would make its way into a few blog feeds and someone from Omniture would actually take notice -- and better yet, take action. In the post, I indicated some frustration with the UI and setting up reporting and that I was considering giving Clickshift.com a try at SEM needs. Today I received a call from our SearchCenter contact and we talked through some of the details of the post and he showed me how to create some business rules to solve a problem I was having.

In the business of tracking: clicks -> conversions to free samples -> offline sales
I explained that my goal right now, since we do not sell products via our website, was to maximize the conversions from visitor to free sample ordering. From the sample ordering data we collect, we can determine the percentage of sample orders that convert into offline purchasers. Fortunately for our business model, we sell custom products, which means orders are placed directly with us, regardless of retailer. The manufactured blind makes its way to the consumer, so we can simply match the shipping address of a product order against our database of addresses we collect for free sample ordering. (All of this is obviously done under our privacy policy and consumer data is kept under lock & key.)

Ahhh...the cost/conversion metric I had been looking for
Anyway, since we do not sell products online, we thus have no online revenue to track, which makes some of the default reporting within Omniture's SearchCenter product useless to us -- in particular ROAS (Return on Ad Spend). What I am looking to do is reduce our cost per conversion (cost per swatch order). This metric did require our account rep to setup a custom setting on his end to enable us to better report against it, but at the end of the call, I had cost/conversion reporting setup and was on my way to creating business rules for our search engine bids.

FWIW, cost/conversion is a default metric available in Google's free web analytics. It seems like somewhat of an oversight to omit this metric from the default reporting, but I guess that Omniture's clients typically are e-commerce businesses that rely on ROAS metrics since they have online revenue to also inject into reporting (at which point cost/conversion is less critical).

Herein lies the delimma: OPTIMIZING keyword campaigns on cost per conversion
Clickshift.com's model automatically optimizes entire campaigns based on keywords that drive the best cost per conversion. Additionally, Clickshift.com also optimizes based on landing page.

Omniture's system is not so automated or all-encompassing (yet). Omniture's reporting is able to TELL me what keywords are driving for cost/conversion, but only through arbitrary automated increments (that I specify based on no data/research) can I enforce increases or decreases in bid spending. Furthermore, Omniture's support for A/B(/C/D/E...n) landing pages is a little more involved that Clickshift. Technically, it can be done, but requires tagging pages specifically, and doesn't really offer the complete solution that Clickshift.com is selling businesses on. I would have to separately test landing pages and keyword campaigns and assemble my own findings between the two. I can't just automatically disable landing pages or move my bids to another style of landing page automatically. Omniture's business rules currently allow one action to be taken at a time...and landing pages can only be manually changed.

Net/Net: I'll make further attempts at creating additional business rules (within Omniture) for bid automation based on average ad position, cost/conversion, and other criteria I deem necessary. We'll see how much further I can drive down cost/conversion. And I'm very pleased at the level of customer service from Omniture.

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