Men, Women Are Giving Up Time Spent with Traditional Media for Social Media

Blogv s.Trad Media“The scale of social media usage among U.S. women continues to grow, and blogs remain the go-to resource for those who want to gather information, share ideas and get reliable advice,” said Elisa Camahort Page, COO of BlogHer.

And where is this time spent coming from? According to The “2009 Social Media Study” from BlogHer, iVillage and Compass Partners posted on eMarketer, women are so enthusiastic about reading and writing blogs, they are stealing time from other media to spend more in the blogosphere and on social network sites.

While newspapers continue to take the biggest hit with a 39% shift, time spent reading magazines, listening to the radio and watching TV, is dwindling as well.

Interestingly, the only amount of time that increased over the past year is time spent on visiting traditional Web sites. This could possibly be due to marketers more effectively using social media to direct women to their company’s Web site.

Bookmark and Share

———————————————————————————————————————————————————————
Stephanie Holland is President and Executive Creative Director for Holland + Holland Advertising, Birmingham, Alabama. Working in an industry that is dominated by men, she is one of only 3% of the female creative directors in the country. Stephanie works mostly with male advertisers, helping them successfully market to women. Subscribe to She-conomy by Email

Men, Women Lead 4 Out of 5 Stages of the Buying Process

the-5-stagesAccording to Marti Barletta, author of Marketing to Women and PrimeTime Women, when men and women buy as partners, women control at least four out of five stages of the purchasing process.

Five stages of the purchasing process

1.    Kick-off  – women
2.    Research – women
3.    Purchase  – men
4.    Ownership – women
5.    Word-of-mouth – women

And further, Barletta notes that even though men are present and appear in control during the purchasing stage when they pull out the credit card or sign the contract, they are not really in control of that stage either – they just think they are. A lot happens way before then that actually determines the decision of what is bought.

Stage I – Kick-off
When deciding to buy, it is typically the woman who pulls the trigger to take action. Whether prompted by a friend, or a need or an advertisement, the woman initiates the thought and sets up for the next stage of investigation.

Stage II – Research
Once the decision has been made to make a purchase, it is the woman who does research to develop the short list. She may begin with numerous options, but she is very detail oriented as she narrows the field. “Before women go shopping, they go CROPing, or looking for CRedible OPinions,” maintains Kelley Skoloda, Partner and Director of Ketchum’s Global Brand Marketing Practice.” They consult with close friends and family, as well as experts, Web social networking, local news and magazines. Once she feels she has investigated all of her options thoroughly, she compiles the short list or makes a final decision.

It is this list or choice that she shares with the man. So if your product or service doesn’t make it on this list, it is very unlikely it will be considered when it comes time to make the purchase. After all of the research and time she has put into it, she typically knows exactly what she wants.

Stage III – Purchase
Most companies focus on the purchase stage because that is what they are exposed to. Because this is the only stage they witness, marketers and salespeople have the impression that the since the man pulls out the credit card or signs the contract, he is leading the process. This is especially on big-ticket items. But interestingly, Barletta would argue that this is the least actionable stage. All of the work has already been done. Although it appears the man is in control, women will actually step back so as to not correct or address conflicting thoughts in front of others. This mistakenly further verifies the sales person’s misconception that the man is actually in control of the purchase.

Stage IV – Ownership
For the post purchase stage, women are the ones who pay the bills, make the health care appointments, deal with the warranties, arrange the vacation, etc. They will judge companies by how their products or services perform, but should there be a problem they are quick to judge by how their situations are dealt with. One thing to keep in mind at this stage is to love your whiners. Customers who have had a complaint resolved are more likely to use you again as well as more likely to tell others good things about you. Customer service is the new sales.

Stage V – Word-of Mouth
Understanding the value in solving problems during the ownership stage leads to powerful word-of-mouth advertising. But contrary to popular belief, women are actually more reluctant to give a referral than men are. Because women tend to keep personal and business separate, they take giving a referral much more seriously. Men do business with friends all the time, but women need a reason to give a referral–something worth talking about.

If women feel strongly enough about a product, service or company they will recommend you, and because they take this role so seriously, they will be convincing. And then the cycle begins. When they talk, another woman’s buying cycle is kicked off, research begins and so on. Make sure you are paying attention to all of the stages.

Bookmark and Share

———————————————————————————————————————————————————————
Stephanie Holland is President and Executive Creative Director for Holland + Holland Advertising, Birmingham, Alabama. Working in an industry that is dominated by men, she is one of only 3% of the female creative directors in the country. Stephanie works mostly with male advertisers, helping them successfully market to women. Subscribe to She-conomy by Email

Men, Who Do You Trust With YOUR Brand?

One of the most frequented areas of the She-conomy blog is the Marketing to Women Quick Facts, so I thought we would highlight a few of them in a short and fun video. Enjoy.

Bookmark and Share

———————————————————————————————————————————————————————
Stephanie Holland is President and Executive Creative Director for Holland + Holland Advertising, Birmingham, Alabama. Working in an industry that is dominated by men, she is one of only 3% of the female creative directors in the country. Stephanie works mostly with male advertisers, helping them successfully market to women. Subscribe to She-conomy by Email

Why Ad Agencies Are Not Getting Social Media

NewBizSM_SheSpeaksIf you have followed my blog for any length of time, you know I am a huge advocate for incorporating social media when marketing to women. But as I meet with potential clients daily, I am surprised by the number of times I am told that their ad agencies have still not gotten on board with social media.

I have been asked to speak at the New Business From Social Media Workshop conducted by Catapult New Business in Atlanta next month. So I asked Michael Gass, the workshop’s Keynote Speaker and author of the Fuel Lines blog, why he thought there is still such a barrier for agencies to participate in social media. He speaks with ad agency CEOs across the country daily and listed the following common resistances:

  • too time intensive
  • do not understand how they can make money at it
  • overwhelmed by it
  • do not get how to integrate it with traditional
  • were already deficient with interactive
  • speed of its popularity, can’t keep up
  • creative staff feels it is a trend

As Executive Creative Director and Owner of an ad agency for more than 25 years, trust me… I understand the overwhelm that accompanies the realization that our industry and traditional media has been completely transformed. But the fact of the matter is, as I noted in a recent post about the Five Eras of the Social Web by Jeremiah Owyang, social media is not a trend. It is here to stay, and it is evolving. But more importantly, as marketers, we must understand the ultimate implication of social media.

The control of products, services and advertising is shifting to the consumer. Gone are the days of creating that wonderfully–appealing ad and placing it in all the right places. Gone are the days of you telling the consumer what they need. They are telling you. Just ask Motrin or Dell(a).

If you feel any of the conflicts listed above describe you or your ad agency, you need to decide, soon, to simply jump in and get started. Consider the New Business from Social Media workshop in Atlanta. Seating is limited as the goal is to have agencies leaving the workshop with a great start. They are even offering a recessionary discount. But, the true value is you will be ahead of the curve.

Bookmark and Share

———————————————————————————————————————————————————————
Stephanie Holland is President and Executive Creative Director for Holland + Holland Advertising, Birmingham, Alabama. Working in an industry that is dominated by men, she is one of only 3% of the female creative directors in the country. Stephanie works mostly with male advertisers, helping them successfully market to women. Subscribe to She-conomy by Email

Men, Do You Think The Social Web is Just a Trend For Marketing to Women? Think Again….It’s Just Getting Started.

eras_future

There are several reasons that marketers have yet to get involved in Social Media. Some are still completely unaware of it, some are fearful of it, some feel it is only for national brands and some say they just don’t get it. As the Social Web has become even more popular, now some question if it is merely a trend or a fad. Whatever your reason for resistance, if you are marketing to women, it is time to get on board with Social Media.

“Communities are going to continue to take charge over brands at an accelerated pace.” - Jeremiah Owyang

According to Jeremiah Owyang, senior researcher and analyst for Forrester Research and a few of his colleagues, projections of the Social Web reveal that not only is it NOT a trend or a fad, but we have actually barely begun to feel the impact and implications of this media. Soon to be implemented technologies, such as providing one single ID, will empower users to maneuver the many social networking sites with such ease that it will ultimately transform all marketing and advertising. Consumer adoption of the Social Web is increasing at a rapid pace, based on the 2008 Social Technographics Ladder, and for marketing to women, this is critical.

Within five years, you will no longer be simply communicating what your company has to offer. Instead, communities and more specifically, women will be defining what you will need to offer in terms of products and services, as social media gives the consumer a stronger and more powerful voice.

Owyang breaks down what we have seen so far, as well as what we can expect over the next several years, into five eras. This is not to be confused with the completion of the Social Web but merely what can already be visualized and anticipated at this point.

The Five Eras of the Social Web:
1) Era of Social Relationships: People connect to others and share
2) Era of Social Functionality: Social networks become like operating system
3) Era of Social Colonization: Every experience can now be social
4) Era of Social Context: Personalized and accurate content
5) Era of Social Commerce: Communities define future products and services

5 Eras Graphic

The timing of the eras – As technology provides, consumers optimize the Social Web.
Owyang notes that the five eras mentioned above actually overlap each other. While the Era of Social Relationships and Social Functionality have not fully matured, we are now entering the third Era of Social Colonization. The Social Web is not about large groups of people; instead, it facilitates smaller segments with specific interests. Users are capitalizing on the functionality of the technology to develop smaller communities – further optimizing their social experiences. This is fundamentally changing the role of the marketer. It is no longer about developing an ad and deciding where to run it to reach the masses. That thought is the old model. The new model is about creating smaller, more contextual, more relevant experiences and empowering communities to create experiences they are more likely to endorse and to share.

But it’s not stopping here. The fourth Era of Social Context is expected to introduce technology that will allow for a means of connecting all of a user’s social network sites through the efficiencies of needing only one user ID. This era is all about personalization placing users in control of their information. They can reveal it to companies at varying levels or layers pending what they want to get back from the company. For example brand advocates would reveal the highest level of information in hopes that the company would foster that trust with discounts. Registration pages will become a thing of the past. This will completely change how marketers will attain leads, and this era is anticipated to emerge in the next 2-3 years.

The 5th Era of Social Commerce is expected to begin in the next 4-5  years. This is when communities will begin to define the products and services. The model will dramatically begin to flip at this point. Communities will say, “This is what we want,” and companies will respond with products and services accordingly.

Social Media is not a trend, instead, it is a deliberate course leading to true consumer oriented products. Companies and marketers who begin listening to their female customers NOW through conversations and dialog will be best prepared to adapt to the control and charge the consumer will ultimately have on their product development and accompanying marketing in the very near future.

So, how should you prepare? Below are some great tips provided by Owyang. Pay attention. This guy is a genius!

Don’t Hesitate – These changes are coming at a rapid pace, and we’re in three of these eras by end of year. Brands should prepare by factoring in these eras into their near term plans. Don’t be left behind and let competitors connect with your community before you do.

Prepare For Transparency – People will be able to surf the Web with their friends, as a result you must have a plan.  Prepare for every Webpage and product to be reviewed by your customers and seen by prospects –even if you choose not to participate.

Connect With Advocates – Focus on customer advocates, they will sway over prospects, and could defend against detractors. Their opinion is trusted more than yours, and when the power shifts to community, and they start to define what products should be, they become more important than ever.

Evolve Your Enterprise Systems – Your enterprise systems will need to connect to the social Web. Social networks and their partners are quickly becoming a source of customer information and lead generation beyond your CRM system. CRM systems will need to inherit social features –pressure your vendors to offer this, or find a community platform.

Shatter your Corporate Website – In the most radical future, content will come to consumers –rather than them chasing it– prepare to fragment your corporate Website and let it distribute to the social Web. Let the most important information go and spread to communities where they exist; fish where the fish are.

Bookmark and Share

———————————————————————————————————————————————————————
Stephanie Holland is President and Executive Creative Director for Holland + Holland Advertising, Birmingham, Alabama. Working in an industry that is dominated by men, she is one of only 3% of the female creative directors in the country. Stephanie works mostly with male advertisers, helping them successfully market to women. Subscribe to She-conomy by Email

Dare to Lead. It’s Never Been Easier.

In my experience I have found that there is an innate longing of people wanting to connect—especially women. Perhaps this is why womenGodin_tribes are leading the way in Social Networking; men, if you want to speak to them you need to step out and be a leader in these venues.

An easy way to do this is to connect people who are desperate to connect with each other. C.S. Lewis states “Friendship is born at that moment when one person says to another, ‘What! You too? I thought I was the only one.” These groups need a leader—someone to direct them, a cause, a sense of purpose, a voice. Seth Godin refers to this idea in his book, Tribes.

There is nothing new about a Tribe. Tribes date back to the beginning of time to a group of people who have something in common such as an occupation, social background, or viewpoint.

Godin emphasizes that tribes can easily be created because these people groups already exist. They simply need someone to lead them. “We are currently living through and are right at the key moments of a change in the way ideas are created, spread, and implemented.”

Who are leaders? Godin states that leaders are people that see the status quo and make a stand. Instead of following, they break out and make connections with like-minded people. These connections assemble tribes within tribes and become a movement. This is the type of movement that can change the minds of those around them.

“Leaders challenge the status quo.
Leaders create a culture around their goal and involve others in that culture.
Leaders have an extraordinary amount of curiosity about the world they’re trying to change.
Leaders use charisma (in a variety of forms) to attract and motivate followers.
Leaders communicate their vision of the future.
Leaders commit to a vision and make decisions based on that commitment.
Leaders connect their followers to one another.

…You don’t have to be in charge or powerful or pretty or connected to be a leader. You do have to be committed.” (Tribes, Seth Godin)

This knowledge can be a very powerful tool for marketers. Persuading consumers through a natural connection and yearning for the same result instead of just telling them to buy your product is just the sort of trust they are looking for. This makes the customer a part and a voice for your brand, which is the best advertising you could ask for.

“If you are not upsetting someone, you are not challenging the status quo.”
Who are you upsetting? Who are you connecting? Who are you leading?

In a world where technology is readily available as a tool to create a community that can lead to a movement, the thing you need to do is Dare To Lead.

Bookmark and Share

———————————————————————————————————————————————————————
Stephanie Holland is President and Executive Creative Director for Holland + Holland Advertising, Birmingham, Alabama. Working in an industry that is dominated by men, she is one of only 3% of the female creative directors in the country. Stephanie works mostly with male advertisers, helping them successfully market to women. Subscribe to She-conomy by Email

Men, Do You Have Questions About Marketing To Women?

m2w_header_logo_home2Now is the time to ask. I am in Chicago and for the next 2 days will be listening to speakers or attending workshops with some of the top leaders and researchers in the world of marketing to women. They will be discussing the topics listed below. I plan to tweet during the convention, and if you have any specific questions please feel free to send them to me @sheconomy or follow hashtag #m2w for the most updated info.

  • What Women Want in the Digital Age
  • How Marketers Can Harness the Power of Digital Influencers
  • Leveraging Women as Consumer Advocates
  • Are You Hearing What She’s Not Telling You?
  • Building a Successful Online Community with Women
  • Women Get Green & Clean
  • The Next Digital Frontier-From Impressions to Relationships
  • New Research on Marketing to Women in the Recession
  • The Changing Face of the American Female Consumer
  • Cracking the Code For Effective Social Media Marketing to Women
  • Why “Return on Women” (ROW) Should Be Your #1 Recession Strategy
  • Finding Generation O: The Evolution of Oxygen
  • The Power of Cause Branding
  • Recessionista Report: Women Behaving Smartly
  • Creative and New Ways to Reach Women

Bookmark and Share

———————————————————————————————————————————————————————
Stephanie Holland is President and Executive Creative Director for Holland + Holland Advertising, Birmingham, Alabama. Working in an industry that is dominated by men, she is one of only 3% of the female creative directors in the country. Stephanie works mostly with male advertisers, helping them successfully market to women. Subscribe to She-conomy by Email

Men, Social Media and Marketing to Women Explode. Are You Ready?

18oprah_span1

As Social Media and Twitter, specifically, become mainstream, one thing is certain— people are on the Internet, and Social Networking tools like Facebook, YouTube, Twitter or the next big thing are how they connect. Twitter started three years ago, and it has taken @aplsuk (AshtonKutcher) about a year to accumulate 1,000,000 followers. Oprah started tweeting last Friday and had over 130,000 the first day.

But it is not only the volume of people who are now participating at exponential rates that makes Social Media relevant; it is also the diversity in how it is used. We are seeing interactive sites used as:

  • a platform for people to have their say and give their opinions
  • a place to create like-minded communities
  • a vehicle for real-time updates on virtually any event
  • a place to learn details from baking cookies to performing surgery
  • a voice for philanthropies
  • a place to share recipes
  • a place to build relationships

“Women have the tools at their disposal now to build an inherent connectivity with brands and to launch new businesses. We must partner with women and invite their co-brand management for brands to continue to succeed in the future — let’s start by listening.”  Kelley Skoloda, AdWeek

The question is, are you ready? Are you preparing your company to reach women on the Internet? Are you preparing to speak to them effectively? Are you prepared to give more timely reactions to potentially unsolicited PR nightmares such as the Domino’s YouTube scandal? Are you thinking about how to optimize the Internet, for instance, allowing students to tweet questions during surgeries? These are no longer optional questions.

Social Media is not going away. It will most certainly change faces over time. That is to say, people might not be using YouTube and Facebook or they might not be tweeting. Newer tools will likely develop and become more popular, but the two-way conversation has begun and will only continue to grow.

We will not be going back to one-way dialog where you tell your customers what they are supposed to think about your product or service. They are telling you what they think, and you need to be listening and reacting – fast.

Bookmark and Share

———————————————————————————————————————————————————————
Stephanie Holland is President and Executive Creative Director for Holland + Holland Advertising, Birmingham, Alabama. Working in an industry that is dominated by men, she is one of only 3% of the female creative directors in the country. Stephanie works mostly with male advertisers, helping them successfully market to women. Subscribe to She-conomy by Email

The New Art of Networking

Excerpts From Lunch with Social Media Guru, Peter Shankmansheconomy-skydiver3

Yesterday, PRSA’s Birmingham chapter hosted Peter Shankman, social media marketing guru, founder of HARO and Twitter’s @skydiver. I was up front with pen to paper and I’m posting today to share a few nuggets I took away. Enjoy!


LESSONS LEARNED:

  • If you’re using social media correctly, other people should be doing your p.r. for you.
  • Reach out to people when you don’t need anything. That way you’ll always be top-of-mind—the person who gets called when your contacts need something.
  • Four things make online marketing successful:

Transparency: Be straightforward. If you avoid smoke-and-mirrors or self-serving messages, you’ll gain the respect of your online community.
Relevance: Give your community news in the way they want to get it. Be timely.
Brevity: We’re becoming a sound bite society. Say what you need to say quickly.
Top-of-Mind Awareness: When, information or advice is needed, you want to be the go–to person.

  • To ensure you keep followers on Twitter, tweet out two kinds of information: things that are funny and things that are interesting.
  • You can tweet “I’m eating yogurt,” and no one cares. But if you tweet “I’m eating X brand yogurt. It’s delicious and you can download a coupon for it @link,” it becomes interesting, beneficial and helpful information.
  • We are becoming one world, one network.


QUOTABLES:

“Preacher, parent, boss. If any of those three wouldn’t approve, don’t post it online.”

“MySpace Arsenioed a year ago.”

“The average attention span on 18-35 year-olds is 140 characters or 2.7 seconds.”

“If you can’t change the people around you, change the people around you.”

“Every 12 days, Facebook grows by the number of people currently on Twitter.”


GREAT SITES TO VISIT:

Search.Twitter.com
Peoplebrowsr.com
Doyoupoken.com


RECOMMENDED READING:

Raving Fans: A Revolutionary Approach To Customer Service
by Ken Blanchard and Sheldon Bowles

Can We Do That?
by Peter Shankman

Bookmark and Share

———————————————————————————————————————————————————————
Stephanie Holland is President and Executive Creative Director for Holland + Holland Advertising, Birmingham, Alabama. Working in an industry that is dominated by men, she is one of only 3% of the female creative directors in the country. Stephanie works mostly with male advertisers, helping them successfully market to women. Subscribe to She-conomy by Email