We all want empirical evidence that Social Media works and look often at organizations that adopt Social Media for affirmation of our own early adoption in real estate. Many chalk social media up to a water cooler or chat buddies, but many of us simply see more- I personally see it as a tool in which to rally a base, counter misinformation, and most importantly, personally connect with perception.
- Listening using streams
Barack Obama Gets It
Campaigning is simply another way in which to sell a product, in this case, (and let’s set aside our personal politics for a bit) Obama needed to sell himself, and he needed to do it in all kinds of ways. Looking at every demographic he needed in order to carry the election, you can really get a sense of just how massive his canvas had to be. He would need to address Seniors, Middle America, Urban Americans, Latinos, Women, Men, and others, and he would need to do it both on and offline.
He left no approach untouched, be it 2.0 or 1.0- Obama and his team would blend and marry both approaches and make no apologies for it. Not only did he host massive rallies, and use the internet to add to the crowd gathered by word of mouth, television, radio, and newspapers, but he had a plan for once they arrived. For your participation, you gave up your cell phone from which data was collected, emails and calls we’re made from the lists, and guess what? By the time you arrived home, there was a thank you email, and a request for a donation in your own inbox based on giving up your email when attending the rally. Consumers gave up information and made no apologies to their friends and family that also received calls, emails, and more, and what’s really interesting, was that the caller was often the list owner converted into the volunteer.
- Developed Lists (mining)
- Cold Calling/Warm Calling
- Asked for Donations
Why Can Obama Do it?
Because he built a grassroots cause. Actually, he had several. Looking at the political hurdles he had to overcome, he knocked over the hurdles and turned them into rally cries. Whether the hurdle/cause was ending the war, change (the all inclusive verb), or becoming the First African American President, you as a voter could find something to become a part of. People love to be a part of something and Obama definitely offered that. He built ground swells around simple issues, delivered a simple message, and he delivered it using every possible media- the great majority of the media was internet video, virtually costing nothing to circulate or host, and relying on the viral nature of the video itself. The popularity of pop-video and that same viral nature saved him cash and multiplied viewers when they landed on television. Remember, two years ago, Obama essentially bootstrapped his campaign with little money and little notoriety except for being the liberal Senator on the floor of the DNC in ’04. He built an entire campaign on the viral nature of pop culture.
- Developed Simple Action Verbs
- Developed a Cause
- Bootstrapped using 2.0
- Tapped Viral Video & Pop Culture
- Used the Press
He Didn’t Abandon It
Once Obama had the wind at his back in the primaries and won them, he didn’t drop social media, in fact, it seemed to become more of a focus. Twitter, and every other hot spot online was populated with Obama, and virtually millions of “FANS” to the Obama cause, Obama didn’t really have to work that hard any longer in the social stream. The current was with him; in fact, his millions of online supporters damage controlled for him, and pumped out their own information to counter other information (right or wrong) using blogs, and microblogs such as Twitter and others.
- Gave Fans a Megaphone
- Developed a Referral Base
- Developed Fans as Reputation Managers
- Used Blogs & Microblogs
- Controlled the Message
Where Did The Social Stream Lead?
It led directly back to the Obama website where you’re greeted with a landing page to make a donation with “Change” as the headline. From a marketing point of view, the word Change says so many things, and in this case, Change is a message to donate tangible change. The Obama campaign made no bones that a donation of $5, $10, or $100 or more was appreciated; it simply didn’t matter so long as whatever you had laying around could be used.
Once you turned the page from the landing, you were asked to volunteer, get a shirt, get a sign, get on the phone, email a friend, or whatever you could do, aligned right along side a blog. This blog was everything going on in the campaign on every single day and where to go that day, and where the campaign would be. An invitation was always attached, inviting you out to the current rally in your city. Like a well-oiled machine, it repeated itself and its growth in every swing state over and over again.
- Polished Landing Page 2.0 flavor, 1.0 Messages
- Used Clear and Direct Action Messages
- Data Collected
- Encouraged Referrals and Involvement
- Informed & Educated
The Obama campaign knew it would need to turn out the vote, and in order to do that, Obama began a new cause, and that cause was to get off your couch. Whether it was “Drive for Change,” or “Dial for Change,” or others, he was closing the deal with those in the stream- get out and vote and take not one friend, but your entire neighborhood. He called on average voters to door knock, call your phone list, and more, and he reminded them, that it was up to them.
- Asked for the Sale
- Asked for Referrals
- Door Knocking
- Cold Calling/Warm Calling
We all look at social media for our own businesses and wonder how we convert a political campaign into a business campaign, and it’s easy. This post is really a reminder that you cannot dump one for another, but with 2.0 a bootstrap can essentially dump high cost for free and viral pop. You can use the viral nature of social media to give your fans a megaphone, and you can turn them into a referral base. You should also throw out the first rules of 2.0 and blend your 1.0 for ultimate success.
The Obama campaign used all of these and more:
- Word of Mouth
- Cold Calling
- Asking for Referrals
- Email Marketing
- Snail Mailers (Print Marketing)
- Door Knocking
- Smart Rhetoric
- Social Media (Facebook, Twitter)
- Fan Managed Reputation
- Online Education (more online reputation managment)
- Viral Video
- The Press
- Fashion (Presentation)
- Social Objects (Change bracelets, T-Shirts)
- 2.0 Facing Website (presentation) with 1.0 Modeling (verbiage)
From a Sales Perspective
- Simple Message
- Action Message
- Staging (visuals that sell)
- Asked for the sale
- Asked for Referrals
- He Closed, Delivered, Rewarded
There’s a lot to cover in a campaign the size of a Presidential Campaign, and I am sure I missed a few innovative things they’ve done, but if you think about it, look at how many 1.0 things they’ve done that fly in the face of some of the new rules of 2.0 and overwhelmingly won the popular vote. It stands to reason that your campaign in sales is so much smaller in scope, some larger if you’re larger to medium broker that you two can bridge the 1.0 and 2.0.
Bite-sized retail: Macy’s plans to move out of malls
(BUSINESS MARKETING) While Macy’s shares have recently climbed, the department store chain is making a change in regards to big retail shopping malls.
I was recently listening to a podcast on Barstool Sports, and was surprised to hear that their presenting sponsor was Macy’s. This struck me as odd considering the demographic for the show is women in their twenties to thirties, and Macy’s typically doesn’t cater to that crowd. Furthermore, department retail stores are becoming a bit antiquated as is.
The sponsorship made more sense once I learned that Macy’s is restructuring their operation, and now allowing their brand to go the way of the ghost. They feel that while malls will remain in operation, only the best (AKA the malls with the most foot traffic) will stand the test of changes in the shopping experience.
As we’ve seen a gigantic rise this year in online shopping, stores like Macy’s and JC Penney are working hard to keep themselves afloat. There is so much changing in brick and mortar retail that major shifts need to be made.
So, what is Macy’s proposing to do?
The upscale department store chain is going to be testing smaller stores in locations outside of major shopping malls. Bloomingdale’s stores will be doing the same. “We continue to believe that the best malls in the country will thrive,” CEO Jeff Gennette told CNBC analysts. “However, we also know that Macy’s and Bloomingdale’s have high potential [off]-mall and in smaller formats.”
While the pandemic assuredly plays a role in this, the need for change came even before the hit in March. Macy’s had announced in February their plans to close 125 stores in the next three years. This is in conjunction with Macy’s expansion of Macy’s Backstage, which offers more affordable options.
Gennette also stated that while those original plans are still in place, Macy’s has been closely monitoring the competition in the event that they need to adjust the store closure timeline. At the end of the second quarter, Macy’s had 771 stores, including Bloomingdale’s and Bluemercury.
Last week, Macy’s shares climbed 3 percent, after the retailer reported a more narrow loss than originally expected, along with stronger sales due to an uptick in their online business. So they’re already doing well in that regard. But will smaller stores be the change they need to survive?
Why you must nix MLM experience from your resume
(BUSINESS MARKETING) MLMs prey on people without much choice, but once you try to switch to something more stable, don’t use the MLM as experience.
MLM experience… Is it worth keeping on your resume?
Are you or someone you know looking for a job after a stint in an MLM? Well, first off, congratulations for pursuing a real job that will provide a steady salary! But I also know that transition can be hard. The job market is already tight and if you don’t have much other work experience on your resume, is it worth trying to leverage your MLM experience?
The short answer? Heck no.
As Ask the Manager puts it, there’s a “strong stigma against [MLMs],” meaning your work experience might very well put a bad taste in the mouth of anyone looking through resumes. And looking past the sketchy products many offer, when nearly half of people in MLMs lose money and another quarter barely break even, it sure doesn’t paint you in a good light to be involved.
(Not to mention, many who do turn a profit only do so by recruiting more people, not actually by selling many products.)
“But I wouldn’t say I worked for an MLM,” you or your friend might say, “I was a small business owner!”
It’s a common selling point for MLMs, that often throw around pseudo-feminist feel good slang like “Boss Babe” or a “Momtrepreneur,” to tell women joining that they’re now business women! Except, as you might have guessed, that’s not actually the case, unless by “Boss Babe” you mean “Babe Who Goes Bankrupt or Tries to Bankrupt Her Friends.”
A more accurate title for the job you did at an MLM would be Sales Rep, because you have no stake in the creation of the product, or setting the prices, or any of the myriad of tasks that a real entrepreneur has to face.
Okay, that doesn’t sound nearly as impressive as “small business owner.” And I know it’s tempting to talk up your experience on a resume, but that can fall apart pretty quickly if you can’t actually speak to actual entrepreneur experience. It makes you look like you don’t know what you’re talking about…which is also not a good look for the job hunt.
That said… Depending on your situation, it might be difficult to leave any potential work experience off your resume. I get it. MLMs often target people who don’t have options for other work opportunities – and it’s possible you’re one of the unlucky ones who doesn’t have much else to put on paper.
In this case, you’ll want to do it carefully. Use the sales representative title (or something similar) and, if you’re like the roughly 50% of people who lose money from MLMs, highlight your soft skills. Did you do cold calls? Tailor events to the people who would be attending? Get creative, just make sure to do it within reason.
It’s not ideal to use your MLM experience on a resume, but sometimes desperate times call for desperate measures. Still, congratulations to you, or anyone you know, who has decided to pursue something that will actually help pay the bills.
This smart card manages employee spending with ease
(BUSINESS MARKETING) Clever credit cards make it easier for companies to set spending policies and help alleviate expense problems for both them and their employees.
Company credit cards are a wonderful solution to managing business expenses. They work almost exactly like debit cards, which we all know how to use, am I right? It is the twenty-first century after all. Simply swipe, dip, or tap, and a transaction is complete.
However, keeping up with invoices and receipts is a nightmare. I know I’ve had my fair share of hunting down wrinkled pieces of paper after organizing work events. Filling out endless expense reports is tedious. Plus, the back and forth communication with the finance team to justify purchases can cause a headache on both ends.
Company credit cards make it easier for companies to keep track of who’s spending money and how much. However, they aren’t able to see final numbers until expense reports are submitted. This makes monitoring spending a challenge. Also, reviewing all the paperwork to reimburse employees is time-consuming.
But Spendesk is here to combat those downsides! This all-in-one corporate expense and spend management service provides a promising alternative to internal management. The French startup “combines spend approvals, company cards, and automated accounting into one refreshingly easy spend management solution.”
Their clever company cards are what companies and employees have all been waiting for! With increasing remote workforces, this new form of payment comes at just the right moment to help companies simplify their expenditures.
These smart cards remove limitations regular company cards have today. Spendesk’s employee debit cards offer companies options to monitor budgets, customize settings, and set specific authorizations. For instance, companies can set predefined budgets and spending category limitations on flights, hotels, restaurants, etc. Then they don’t have to worry about an employee taking advantage of their card by booking a first-class flight or eating at a high-end steakhouse.
All transactions are tracked in real time so finance and accounting can see purchases right as they happen. Increasing visibility is important, especially when your employee is working remotely.
And for employees, this new form of payment is more convenient and easier on the pocket. “These are smart employee company cards with built-in spending policies. Employees can pay for business expenses when they need to without ever having to spend their own money,” the company demonstrated in a company video.
Not having to dip into your checking account is a plus in my book! And for remote employees who just need to make a single purchase, Spendesk has single-use virtual debit cards, too.
Now, that’s a smart card!
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