Google has become the first major brand to fail in its attempt to integrate email with emerging media channels, following the collapse of its Google Wave application.
Although aimed at the consumer market, Google Wave’s collapse raises questions about how businesses looking to integrate email and emerging channels will be affected. Social media has experienced a stratospheric rise, but is this collapse an indication that integrating email and social media for marketing strategy is doomed? Absolutely not.
Email is a common thread that connects every touch-point in the customer’s lifecycle, but to build effective customer relationships brands must first understand how it affects channels like social networks and mobile. A recent report from Forrester Research found that “given the increasing complexity of the email marketing channels – including the need to integrate email with social and mobile channel – the call for strategic guidance will only continue to grow in importance.”
Utilising strategic guidance, when leveraging emerging channels such as social media, can be the key to establishing a meaningful bond with the customer. Examples of strategic guidance now available include listening and monitoring services, lifecycle communications frameworks, email and social media campaign tools and execution services, community management services, and analytics and loyalty marketing programmes.
As an example, better strategic guidance would enable companies to start thinking about how to identify their best customers and create unique, special experiences for them. Research suggests that best customers, namely those displaying consistent loyalty to a brand, represent around 20 percent of a business’s customer base and account for 80 percent of sales.
As part of this strategy, companies must:
Listen
Listen to and understand the conversations customers are having and, specifically, what they’re saying about your brand. Insights gained through listening can often identify a shared passion (be it travel, sports, music, etc.). That’s essential in engaging best customers for ongoing conversations.
Learn
Conduct some proprietary research across your best customers to understand how they use the social web, which will inform your segmentation and marketing strategy further. This research will also be critical in developing new social programmes that appeal specifically to your key segments.
Engage
Build a truly unique experience for these customers, leveraging all touch points: website, email, customer service desk and presence on social networks. Take the time and effort to build a lifecycle communication programme for every segment, paying attention to community management. Rethink your loyalty programmes — perhaps shift your focus from promotions to rewarding best customers for participating with your brand — be it their community contributions, social network activity or brand advocacy.
Influence
Leverage social tools to facilitate and encourage sharing and brand advocacy. Flag and thank active customers, and reward them for their advocacy.
Finally, track and anticipate what’s coming next. The greatest benefit of focusing on your best customers is the ability to manage and execute based on the data. Amazing things begin to emerge when you not only know who your best customers are, what segment they fall into, what products they like and how often they use them, but also their email activity, loyalty/purchase activity and social activity.
While many companies “listen” and “learn” few leverage the data they capture to “engage” and “influence. Leading brands must learn to create this bond and to utilise the strategic guidance, creativity and tools necessary to build relationships and drive brand advocacy. It is through leveraging the data and insights gained from marketing activities to build more relevant conversations, that results can be achieved.
The use of social media will continue to grow, and the collapse of Google Wave is not an indication that this growth is slowing. It is simply a failed product experiment from a company that we do not expect to fail. Stay the course in integrating email with emerging channels to strengthen customer relationships, do not be distracted by the hype that is bound to follow failure of the Wave.
Ryan Deutsch is vice president of Emerging Media at email marketing specialist, StrongMail
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Really what happened here and what is happening with other companies, is they forgot a golden rule:
It's not important what technology can do, but what people do with it.
An electric banana may seem like a great idea, but it's not if people don't have a use for one.
Google Wave could have never replaced email marketing.
Google Wave was nothing more then a fancy group discussion board. The difference was that the group was people you knew and when you broad casted most people knew unless you sent someone a direct msg and then it's the same as if one would send an email.
From the article: "The Wave was a collaboration tool built for individual communication. Not a marketing application designed to enrich customer relationships and brand perception."
Who writes these things? The last sentence is grammatically incorrect! Instead of a full stop between "communication" and "Not", it should be a comma, otherwise the second sentence ends up with no subject!
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