Creative consultancies are constantly challenged by their clients to find that social or digital magic bullet because finding it would be terrific. Without print, production costs would go down. Inherent trackability means the ability to measure would go up. Complex channel and media strategies would become simpler. And communications would become as effective as a heat-seeking missile.
But there is a magic bullet and it’s staring you in the face. It’s not new, in fact in its current form it’s around 200,000 years old. It’s far better at guessing your preferred alternative purchases online and its personality shines through in social media. It’s your people. Because when all has been said and done, face-to-face is your most effective communications channel. Other forms of communication, new or otherwise, are simply a substitute for it. The most effective forms of communication do the best job of shortening the distance between your people and your audience.
If you’re in any doubt then consider a recent study by Professor Dunbar at Oxford University. Comparing face-to-face conversations with Skype, ‘phone, e-mail, texting and other social media, face-to-face came up trumps, but Skype far outperformed any other technology as a ‘satisfying’ social medium. Another study showed that in two-fifths of cases face-to-face meetings were what converted prospects to new customers, while an estimated quarter of clients would take their accounts elsewhere without regular face-to-face meetings.
We’re still primed to interact as Stone Age people did around the campfire. Virtual face-time replicates many of those elements: a sense of place, context, immediacy and intimacy that other media deny us:
Dunbar’s research concludes that, of all the elements that made face-to-face interactions work better, “laughter turned out to be the key”.
This is all great theory but it isn’t quite the answer. So back to the real world and how can all this be translated into a solution to optimise your brand and marketing approach?
Social media is effective beyond the boundaries of the consumer world. Not simply as a place to deposit your latest press release but a place to reveal your ‘corporate’ soul. Which means you need to have one. So capture your messaging, build on your existing strengths, build in your ambitions and articulate what it is you really stand for. Then use Twitter and LinkedIn to showcase it, from formal results, to informal behind the scenes activity that demonstrates beyond the corporate speak, what you’re like to deal with. Because once clients know what you can do, what you’re like is what they buy.
Getting the messaging right is one step towards getting your brand right. Tone of voice isn’t a silly invention from Marketing, it’s a really effective means of humanising your content and taking it beyond the voice of the corporate Stepford Wife. Embed the human touch in your visual brand by developing a visual approach that makes it clear your audience is dealing with a group of people with a shared ethos, not just a corporate whole. And there are a hundred more compelling ways of doing this than ‘people stock shots’.
And pull all of this through the complex blend of online and offline communications you produce – from bid reports to Twitter. The emergence of social media and the increasing sophistication of digital media doesn’t make communicating easier, it makes it more complex and the job of communications, and marketing professionals has never been harder. But by giving you more places to be heard rather than fewer, it’s worth the effort.
)
We created a position that reflected the weight, distinctiveness and relevance of the organisation.
Wealth and asset manager brands, what should they do to remain relevant and survive?
Whether you want us to be frank, bright, able or all three, get in touch.
Sign up and be first to hear about our events and publications.
