March 2011


Social Media Marketing: Return of Investment or Return of ObjectiveMarketing and communication departments are getting their hands dirty with social media. The pressure to justify and measure the advantages of social media marketing is beginning to rise. Marketers often hear upper management ask that one question: What is the ROI of social media?  But the real question should be what is the return of objective?

Objectives. Objectives. Objectives.

We have seen companies jump into social media marketing because it’s THE THING. It’s not pretty.  But it’s time to start doing social media because it’s effective, not because it’s cool. Your objectives should determine what technologies to use to accomplish your marketing goals, not vice versa.

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My college professor, Dr. John Guiniven, warned his students not to jump the tactics/tools (social media) before determining their specific marketing and communication objectives. We seem to get too excited that social media is a cure-all to our marketing and communication problems. Above is the Forrester’s Four Step Approach to the Social Strategy. It’s a simple yet genius POST acronym that will help get you back on track.

ROI or ROO?

Financial metrics are just one way to evaluate social marketing programs. Social media can bring a variety of advantages to organizations, both for short and long-term success. To accurately asses the impact of their social media marketing efforts, marketers must align their objectives, metrics, targets, and strategies with a “balanced scorecard“.

Social Media Balance Scorecard

A balance scorecard brings other perspectives into focus, not solely measured on financial metrics.  Dr. Robert S. Kaplan and Dr. David P. Norton’s, The Balanced Scorecard: Translating Strategy into Action, is a wonderful book that explains that an effective social media marketing balanced scorecard considers metrics from four different perspectives:


  • Financial: Has revenue or profit increased or costs decreased?
  • Digital: Has the company enhanced its owned and earned digital assets?
  • Brand: Have consumer attitudes about the brand improved?
  • Risk Management: Is the organization better prepared to note and respond to attacks or problems that affect reputation?

I recently read an analogy that said direct marketing is like getting the consumer wet by directing a hose and spraying water on him or her; brand marketing is a fog that constantly envelopes the consumer and gets them damp over time. You can measure the water coming out of a hose, but how do you measure fog? To properly assess your social media marketing programs, other perspectives must be accounted for when determining short and long-term success.

Now, think about the potential success when you have a clear understanding of what your company brand is from the beginning. Talk about powerful marketing. I will go a little deeper in branding in a PR stand point in my next post. Until then, take care.

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Warschawski

After an amazing and intense internship at Warschawski, I am BACK. But before I dive back into my marketing and PR posts, I wanted to share my great experience that helped me mature my marketing and PR skills.

A Little Background Info

Warschawski is a full service branding, PR, marketing, advertising and interactive agency in Baltimore, Maryland. It was named “U.S. Small Agency of the Year” four of the past five years and has won over 200 marketing communications awards in the last ten years. I was lucky enough to work for an agency that has been ranked one of the “20 Best U.S. Agencies to Work For” the last nine years in a row. With such an impressive track record, I knew there were high expectations joining a team of rock stars.

The W Experience

Right off the bat, I knew that every Warschawski team member was a BRAND expert and had clearly mastered the art marketing and public relations. The guru that trained his army to become these brand warriors was the main man himself, Mr. David Warschawski.

David is the simply the real deal. I recently was able to attend one of his seminars on how to successfully use social media in an integrated marketing communications strategy to help companies achieve their business goals and reinforce their brand. I will be expanding on some of the basic ideas in future posts. Stay Tuned!

Mission: Grow.

While interning at Warschawski as an Assistant Associate (AA), I played an important role working on client accounts, learned how and why strategic decisions are made, and actively participated in brainstorming sessions for clients. I worked on a variety of accounts, ranging from a tree top adventure company to a luxury high-end mattress company. One advantage of working at the W, I was able to get the experience and expertise of a large firm but have the personalized mentorship of a boutique agency.

My main focus during the AA program was to develop my media relation skills. DONE AND DONE. I was able to generate news and obtain media coverage that increased name recognition, credibility, and visibility for clients. While at the W, I established strong working relationships with key editors, producers, and reporters. I will be posting links to these placements in the near future.

BrandMaPR

When I wasn’t pitching to different media outlets, I was learning how to create communication campaigns that brings clarity to a company’s brand.  These integrated campaigns combine marketing strategies with PR, advertising, and creative and interactive design. Warschawski’s brand-centric and business goal-oriented model, BrandMaPR© (pronounced brand-mapper), helped me understand how companies can positively impact their bottom line and ultimately move their target audience to action. I’m only scratching the surface of an extremely intricate process. Visit W’s website for more information on their BrandMaPR© model.

So Was It Worth it?

Absolutely. Even though traffic was horrible at times (particularly my eight-hour commute during a snow storm), my experience at Warschawski was worth every minute. It was worth the average 3.75-hour commute each day, the $100 dollar gas bill each week, and the 2,480 miles I put on my car each month traveling.  Yes. I’m crazy… crazy about Warschawski. Thank you to everyone at the W. I will miss you all.