Monday, February 17, 2014

Social media = Customer connect

Architects help shape brick and mortar structures into designs that provide meaning to them. They create a place where people live, work and spend wonderful moments of their life. Architects work along with the engineers, suppliers, builders and customers to make this a special place.

Customer rules in every business. Customer satisfaction is the goal for any business that wants to succeed and grow. Social media helps this cause and is a powerful medium that helps businesses connect with their customers to understand them. 

Why social media? 




Facebooktwitterpinterestlinkedln amongst others are strong tools which many successful companies use today to stay ahead in the race. Take a peek into how social media is used in ING Direct, a business banking company. This medium can be exploited by architects to market their businesses.





What are you waiting for? Embrace social media for your business.






Wednesday, February 12, 2014

Join the Social Media Marketing Revolution!!







Are you a small startup company, about to join the Social media marketing world? Then you are at the right place.

Small businesses need to have a customer oriented strategy in order to compete with the bigwigs. Their survival is highly dependent on how well they can understand and adapt to the customer needs. Having a customer focused service and model will enable these companies to succeed. 

Social Media is one of the marketing channels, which will help company build relationships with their customers, create competitive advantage, and establish industry credibility. Social media has evolved. Initially it was perceived as ”Facebook and twitter are for kids and companies do not use it”. I remember, few years back when I was working for a hospitality company, I had shared the idea of creating a company page on facebook, my manager felt facebook was not for companies. Times have changed. Many successful companies like Walmart, Dell, started using social media strategy for B2C. People thought social media works for B2C, it may not work for B2B. Well, not anymore, companies like Cisco, IBM use social media for B2B.

There are various social media tools which companies can use like websites, blogs, LinkedIn, facebook, twitter, youtube to communicate with the customers.

Steps to use Social media:
  •       Identify what are the company’s objectives for using social media.
  •        Know who your customers are. Find out what is it that the customers want. 
  •        Play the role of thought leader, solutions provider. It should provide  content which is useful and interesting. If you provide the content that the customers find relevant and useful, use can potentially get a business or a lead.



  In many companies, B2B decision makers use social media somewhere in their buying process and yet, they struggle to show results. Sometimes, there is confusion over whether social media is a marketing or PR activity or customer service.
Some of important points which should be considered before B2B companies jump into social media marketing.

  •        Social media should be used for interaction and knowledge sharing. A selling approach is not only ineffective, but it can also damage a company's image.
  •        Social media takes time to show results. It takes time to develop relationships.
  •        Social media requires time and effort. Twitter should chirp all the time. Regular post should be added in the blog.
  •        Blogs, Twitter, LinkedIn and other social media tools should be used to build a network of influencers who will endorse and provide credibility to your content and pull customers.
  •        You can't control every conversation about your company in social media, but you can help shape them, address issues and provide a platform for customers to share their experiences.







Reference/source: http://internetmedialabs.com/wp-content/uploads/2011/01/Social-Media-Takes-Time.jpg
http://blogs.thenews.com.pk/blogs/wp-content/uploads/2012/11/social_media.jpg






About me






Hello and thank you for peeping into my blog.


My name is Deepti. It’s been one month I am in California, Silicon Valley, place where many companies are born. I am on the journey to exploring the business world and understand the success instruments of the business and the importance of marketing. Companies born, grow, live and die. Throughout the process they strive to add value to the customer by satisfying customers through the product and service. What is it that makes a company stand out from others?

Through this blog, I wish to share to my thoughts. Lend me your valuable time

Thursday, February 6, 2014

Innovation



Innovation distinguishes between leader and follower.
-Steve Jobs

Every product or service which we use today was an innovation once. Google search engine was an innovation. It changed our lives. We cannot imagine our life without Google. We can find everything just a click away. Whether a good restaurant in our locality, weather today, address of a college etc. The computers we use, mobile phones, email, facebook, skype, ipod, everything was an innovation. 

What is Innovation?
Innovation is application of better solutions that meet new requirements, unarticulated needs, or existing market needs. This is accomplished through more effective products, processes, services, technologies, or ideas that are readily available to markets, governments and society.

Requirements change with time. The company which senses the need before everyone, changes with the time and provides better solutions stays ahead.

What is it which you have that others don’t have? We find this question asked by customers. Why will we buy your product? Innovation is the key for the success of the company. Successful companies like Facebook, Apple, Microsoft, Google, IBM are very innovative and continue innovating.

Sometimes innovations don’t work. There are various reasons. One reason might be lack of understanding the customer needs. The product is of no use if the innovative product is not able to fulfill the customer needs. The company has to think ahead in time for the product to be considered innovative. In many industries, the product life-cycle is so short that, when company finally launches the innovative product, the product is no longer innovative. 




Reference/Source-http://www.betakit.com/wpcontent/uploads/2013/07/on_Open_Innovation.jpg