We begin this final episode with Joan Koerber-Walker, CEO of CorePurpose a global management consulting firm based in Phoenix, by comparing traditional and social platforms and how engagement with an audience, or a lack of engagement, becomes more obvious the deeper you go into a social media presence. Many business people are still looking at social media as just another media channel or a project you can establish and then ‘set-and-forget’ and it is anything but and a lack of engagement becomes painfully obvious.
The use of social in a business-to-business setting is really an extension of the idea that people do not do business with businesses, people do business with people; the transparency that social media afford is relevant and is important as the adoption of media channels with social elements emerge and are more widely adopted. The consumer, whether in business or personal transactions must first trust and believe in the people and team behind the brand.
The value of an online presence and how it translates to an offline presence is relevant for business as well. A listener in the audience of the Blogtalkradio.com broadcast we did asks about the use of social media to create a real-life connection. Joan responds that she sees “meet-up” as opportunities to gauge the effectiveness of the online strategy, but whether the meet-up is impromptu or planned weeks in advance, the events that begin online allow people to meet and share their passion. These days it is often a passion about social media. So she dive a bit deeper and suggests that a meet-up that is a meet-up with other social media people is often not an application of time CorePurpose invests their time in.
She also explores how the use of social media has benefitted a non-profit she heads up, that would be the Opportunity Through Entrepreneurship Foundation, or OTEF (disclaimer: Joan and I both serve on the board of OTEF). She shares her educational journey in social media on her blog where she chronicles the things she has learned during the last year through trial & error and a little help from her friends.
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CorePurpose’s adoption of social media did not occur until January 2009, so while Ms. Koerber-Walker claims ‘late bloomer’ status, her results speak volumes for a consistent, conscientious approach in using social media. Her initial goals for metrics were exceeded relative to her expectations and she claims that they have led to additional prospects and customers for CorePurpose.
The primary application of social media for CorePurpose is for community building and advertising, so metrics are not necessarily revenue related, but there are key performance indicators (KPIs) that support an understanding of how a social media presence leads to to revenue.
How does CorePurpose monitor their presence and what are the metrics she uses? The tools are simple enough; Google Alerts, Google Analytics, Feedburner, and YouTube stats. They do not employ any of the for-fee tools to track their segmented presence right now.
The various KPIs are pretty straightforward too; where did they access a resources that their social media presence made possible, where did CorePurpose make a connection that was directly related to their social media presence, did they get a customer that came from a social network or were they able to find a piece of information for a client or research that the social media presence provided?
CorePurpose monitors the number of hits a blog posts receive, how comments made by visitors and from those indicators, they get a sense of what people are looking for in terms of the online content they post – and based upon the result, they move to determine if an engagement might result in a productive off-line, real-life relationship. So another KPI is ‘of those conversations that begin online, how many convert to an offline, person-to-person conversation.’
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A frequent topic in conversation with businesses looking to leverage social media is ‘what do I talk about?’ It’s a fair question and one that many of us have had to deal with in varying degrees. I have friends who come to social media from journalism and are very prolific and then I know others who have come from marketing, technology or entrepreneurship and we are (yes, I am one of them) sometimes struggling to find regular topics to explore that are of interest to our audience.
Joan talks about accepting the challenge of developing her own content for her presence and reveals the genesis of her #BeOriginal blog / project and how she overcame the challenge of developing meaningful content for her worldwide social presence, and how she has used social media as a tactic to reach out and connect with other thought leaders, regardless of their location on the globe.
What kinds of obstacles does Joan face in using more social media or using it better? As an established business leader, writer and public speaker, Joan cites that social media was not a start-up strategy, as it is for many businesses, it is an expansion of the thought leadership, visibility and publicity programs she already had underway and she compares the use of social media in a traditional marketing / advertising model for institutional companies vs. the tactics and tools used even a few years ago. She cites how social media as an institutional advertising tactic is quickly emerging and how CorePurpose has transitioned all their institutional advertising to online and an expanded, long term ‘word-of-mouth’ campaign.
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Posted by
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Joan is the CEO and principal of CorePurpose and has a background in the practical application of social media in a small to medium business setting and it’s use in personal branding.
This episode is from a BlogTalkRadio.com session which was presented live on December 15th 2009, just prior to the Christmas holiday.
Talking with Joan we discover that CorePurpose was founded in 2002 to support organizations with resources that they needed to make their efforts more successful. She works with medium to large organizations around the globe.
Her journey in social media has been one that questions the time that was needed, from a beginning of a single blog, a single twitter account and a LinkedIn profile, she has connected with customers and prospects.
For Core Purpose, social media is a communication medium to meet and stay connected with her audience. The lessons learned in her journey include moderating her shares and making sure the content she produces are relevant.
Her realization is that the message needs to be about the audience, not arbitrary and not about the communicator. The lesson was sometimes hard learned, she shares about how she dealt with the sometime harsh commentary from people listening to her messages, but she also will admit it has made her a better communicator and user of social media tools and technology.
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Posted by
Steven Groves |
Categories:
Entrepreneurship,
Podcast,
ROI of Social Media,
Social Media | Tagged:
CorePurpose,
Guy Powell,
Joan Koerber-Walker,
Podcast,
ROI,
Social Media,
Steven Groves,
strategy,
Twitter |