The SQUARED Root

Posts Tagged ‘branding’

Benefits of Social Media Networks

Posted by Mike Chapman on December 19th, 2008

With as much time as I spend working with social media enthusiasts, it’s natural to be somewhat contemplative about the effectiveness of social media networking. Looking back over the past year, I can definitely see where social media networking has been extremely effective for me.

 

By adding new tools to my pre-existing networking and communications skills, I have exponentially increased my reach and effectiveness in ways that were greatly limited before, geographically and otherwise.

 

The turning point for me was a decision I made to be more strategic about the use of my time online and to utilize the tools that worked best for me and that I liked the most. After all, if you don’t enjoy doing something, you’re likely not going to be as good at it. This seems to be especially true for social media tools given the many available channels.

 

Recently I read a blog post titled Thriving on Social Media Network Effects by Chris Garrett. In it he lists the benefits of social networking for him in a clear manner and how he has increased his own effectiveness by sticking to a regimen with his own personal schedule.

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Like Garrett, I decided I didn’t need to compete with the most active of the social media enthusiasts.  Using Twitter as a primary networking tool and online business card, I’ve been able to organically grow my personal network, help out a little with some social causes* that I feel strongly about, and increase my business network in very positive ways.

 

During 2008 I moved from cautious participant to enthusiast. I would encourage anyone else who is skeptical to give careful consideration before making a decision not to try using social media tools in their professional lives.

 

As Chris notes in his post, “You don’t have to live in social media like Chris Brogan or Robert Scoble to benefit from it :)

 

I’m a huge admirer of Brogan and Scoble. It has been a relief to know that I don’t have to be as “enthusiastic” as them to find my own comfort zone and success.

 

~ Mike

 

Capital Area Food Bank of Texas

 

Great Content is Key

Posted by Mike Chapman on December 12th, 2008

We spend a lot of time in social media talking about the tools involved. Just this week I was reminded again that great content is really the key.

 

My friend Eileen Smith has been the online editor of TexasMonthly.com for more than a year now. Evan Smith, her boss and no relation to her, had previously brought her in to direct their efforts in social media. Since then, Eileen’s coverage of state and national politics and culture have brought an edge, new insights and a whole lot of new interest to the magazine’s online offerings.

 

Years before, Eileen had created her own blog and had generated a large following by creating great content – she’s a fantastic writer – and having an “anything goes” attitude about comments. The blog literally has been a gathering place for lobbyists, members of the legislature and their staffers, journalists, and anyone else with an interest, something to say and maybe some time to kill.

 

Eileen is a trained journalist with solid political credentials but decided to enter into the blogosphere at a point when it was still very unproven. She chose the name “In The Pink” in reference to the pink granite of which the Texas State Capitol building is constructed.

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Discussions can get very heated when commenters, often using psuedonyms, discuss politics or other cultural hot buttons. Yet, somehow, the community that makes up the readership always handles its own squabbles and Eileen just keeps cranking out hilarious, insightful, current, and very well written content.

 

Yesterday, as I often do, I typed “inthepink” into my search bar and discovered that Eileen’s blog is now a part of the Texas Monthly family of blogs. I’d heard the rumors, but didn’t know for sure if or when it would happen.

 

Her first post is hilariously titled,“We Are the Blog We’ve Been Waiting For.”

 

In typical Eileen Smith fashion she explains, “(e)verything that you’ve grown to love or come to hate about In the Pink will remain the same. Sure, I suppose that this hand-over could prove to be a “legal risk” to Texas Monthly while providing constant ethical challenges to its well-respected brand, but isn’t that why they have a lawyer on retainer?”

 

This is great, in my opinion, and it’s made possible by the fact that Eileen and a group of guest writers have always provided great content even while being very edgy. It wasn’t enough to simply add a blog that takes risks, it had to be one that is very well done when taking those risks.

 

This kind of strategy might not work for everyone, but in the case of Texas Monthly my betting is that it will pay off very well. I know I’ll be reading.

 

The Concept of Singularity

Posted by Barry Rumac on October 29th, 2008

One of FG SQUARED’s principles of business is The Concept of Singularity, and if you work with (or near) us and you’ve heard the term, you might wonder what exactly it is, why it’s important, and/or its place inside of a brand image.

 

Since The Concept of Singularity is a branding concept, to divine the meaning of this concept, it helps to begin with “branding.”

 

Branding is a term that is always in the forefront of thinking in many companies, especially among the marketing department, who are the stewards of the corporate brand and responsible for its creation, enhancement and protection.

 

Many definitions of “brand” exist but I prefer to describe “brand” as the sum of all perceptions that stakeholders have about a company and its products or services.

 

The Concept of Singularity, while part of the brand image, differs in one aspect:

 

- Of all the things a company may be known for, The Concept of Singularity is generally the single most important reason for which the customer purchases the product or service.

 

- Furthermore, a well-established Concept of Singularity serves as the best defense a brand has against competitive inroads.

 

 

How does this work?

 

Think for a moment about a recent major purchase you may have made or are considering, and also about what your key criteria was in that purchase decision.

 

To illustrate: If you are considering the purchase of a new car, and if safety is your primary concern, then you most likely have narrowed your list of possibilities to those vehicles that have reinforced that attribute.

 

Volvo is one brand very likely to have come to mind. If you are considering the purchase of a new set of tires for your car, and safety is your primary concern, then you might have put Michelin on your list.

 

Why? Because in recent years both of these brands have successfully stressed safety as a main product attribute. In fact, safety has become for both of these brands their Concept of Singularity.

 

This is not to suggest that this attribute is the sum total of their respective brands, rather that among all of their positive attributes, safety has risen to the top and in fact, formed a competitive barrier to any other brand that wants to claim safety as a reason to buy. Put another way, they own the safety space. This makes it difficult for a competing brand to come in on that platform.

 

So the question now becomes: how does a brand, your brand, develop its own Concept of Singularity?

 

While not difficult, it does require two key ingredients of your marketing: being consistent and being persistent.

 

Be consistent in the relevant platform that you are exposing to your customers, and be persistent in using that platform in one form or another in almost all of your communications internal and external. It is only over time that your brand develops that wonderful attribute that will help drive sales and keep competitors at bay.