Why Do Audiences Engage on Social?

I stumbled upon this Prezi presentation I created for the Great Raleigh Chamber of Commerce annual biz expo last year, and though it was still valuable enough today to share.

One of the big takeaways? Why people engage on social – and ways your brand should capitalize on these opportunities.

  • To win something
  • Because they’re a competitor
  • To gain access to content not shared elsewhere… or wi-fi
  • Someone shared it/recommended it to them
  • Discounts
  • Followed a link on your website/email/social
  • Saw an in-person/point of sale call to action
  • To win something
  • Because you asked them to!

To see the full presentation, check out https://prezi.com/zygnk42qhll5/engagement-strategy/.

Want to talk more about how to do more with your potential customers and clients online? Let’s have a chat via my consulting business, Raleighwood Media Group!

I’m a Starwoods Faithful

There’s something about brand loyalty – it gets in your veins – the very DNA of how luxury consumers consume. And when you find out one of your beloved brands is going to be absorbed by a larger in the industry? Talk about a gut punch.

SPG Love
SPG Love

“Somewhere between their Westin Heavenly Beds and the room’s rainfall shower system, Starwood hotel loyalists were struck Monday morning by a new reality: their beloved loyalty program would soon be gobbled up by Marriott’s less-generous reward system.” – via NewsObserver.com

My other half texted me a link to the story as it broke this morning, knowing good and well that I would simply scrunch up my nose in disgust. I would love to think that the Starwoods identify might be preserved in this merger, but luxury travelers will have to wait to see what happens in the years after the deal’s expected closing in mid-2016. Luckily, this industry tends to move slowly, so it could be years before we see any real changes to the SPG treatment we Starwoods faithfuls have grown to love.

The Evolution of CRM

Author’s Note: Below is a short essay I submitted as part of an exam for the “Business Relationship Management” course I am currently taking as part of the NC State University Master’s of Global Luxury Management program.

Prior to the proliferation of computers, cloud-based software, and analytics in our daily working lives, CRM systems were reserved for large organizations that could afford a capital investment into the concept. “CRM Done Right” notes that “through the late 1990’s and into 2000, managers plowed millions of dollars into information systems meant to track and strengthen customer relationships.” In 2015, a subscription to the world’s #1 CRM system, Salesforce.com (according to its homepage), costs just $25.00 per month when billed annually. Even though the financial playing field for CRM systems seems to have been leveled, the primary reason for use and the potential benefits still hinge on implementation and strategy.

In “CRM Done Right” (Rigby and Ledingham), four key questions were proposed for brands to ask to decide where and how to use CRM technology:

  • “Is it strategic? (Identify the processes that most support your company’s strategy.)
  • “Where does it hurt?” (Where in your customer relationship cycle do performance-sapping problems arise?)
  • “Do we need perfect data?” (Distinguish between activities that truly demand perfect data and those that don’t.)
  • “Where do we go from here?” (Analyze system-generated data to pinpoint new opportunities to extend CRM’s power.)

Although the Harvard Business Review feature was published in 2004, and amidst all of the leaps and bounds in growth that technology has made since, the four key questions still pose a basic foundation that any brand should consider before committing the time and financial resources required to launch a CRM strategy.

According to “CRM Done Right”, “a comprehensive CRM system can, in theory, automate every aspect of a company’s relationship with its customers”. But what part of the relationship needs to – and should – be automated? (Is it strategic?) Is it potentially every interaction (for example, with an e-commerce based business) or potentially just at major pain points in the process (another example: a salon that sends text or email message based reminders for upcoming appointments rather than intrusive, labor-intensive, and more time-consuming phone calls)? (Where does it hurt?) Asking this question in advance – “which parts of our relationship can and should be automated” – indicates understanding of the best practice noted in “CRM Done Right” that “successful CRM practitioners have learned to distinguish between routine aches in the business and strategic pain points before prescribing CRM solutions.”

In solely web-based transactions, first-click or last-click attribution methods (while possibly varying in efficacy of sales conversion) are often accurate and easy to associate with a singular customer’s purchasing history and behavior, but where brick-and-mortar businesses are still concerned, even the most modern of CRM systems can still be victim to human errors and tendencies — begging the question, “how good is our data”. (Do we need perfect data?) For an example, when setting an appointment to meet with a luxury real estate agent, the agent might ask their new client: “how did you hear about my services?” – to record in their real estate agent CRM software. Even though the agent invests heavily in print advertising, outdoor/billboard campaigns, and online advertising, the client might erroneously credit “a radio ad”, even though the agent has never invested a single dollar in radio advertising. Even though the data is not perfect, it is still of value for the agent to know where their marketing investment is having the most impact – although in this case, some mediums may never offer what is considered to be “perfect” data.

After marketing investments have been made and a client list begins to grow, what happens next? (Where do we go from here? — and– Is it strategic?)

In 2015 and beyond, brands of all sizes have nearly limitless opportunities to use a CRM and its associated data to grow their business. For luxury businesses in particular – specifically the travel and hospitality industry – one single, but potentially greatly impactful use – is in providing preference-based benefits to travelers that can increase not only consumer satisfaction, but average spend, as well. Take, for example, a luxury hotel and spa property. Having booked a repeat visit from a guest who has dined on-site in the past, what if the hotel had a record of the wine that guest ordered at a prior dinner that was exceptionally well-received? A data point on the guest’s account at time of booking could trigger the reservation-booking agent to offer to have a bottle of that same wine chilled to the correct temperature in the guest’s room upon arrival. A $300 reservation might have just become a $375 reservation with the addition of the wine purchase, whether or not the traveler even sets foot in the dining or spa facilities at the luxury hotel.

The technology to enable these types of suggestion-based selling opportunities already exists – the only hurdle to implementing and benefiting from them are the same as when CRM systems were introduced in the 20th century: management support and investment, as well as end-user buy-in. In many cases, the “end-user” buy-in might not be limited to the business employee participating in the transaction, but the consumer, as well. For privacy and convenience-minded customers, they may never take the extra effort to create a “registered user account” when shopping online or may not regularly book travel accommodations directly through a hotel reservation desk or website, so the real future for CRM systems lies in how well they can be implemented for consumer profiles with incomplete data points or histories, while still enable value-increasing experiences for business and consumer.

Additional value from CRM systems can be gleaned by provided analytic-based insights, rather than decision makers relying on “gut feelings”. Comparing RBC Bank’s example where the “Value Analyzer came online, the Bank found that profitability rankings changed by at least two deciles for 70% of customers” (“Customer Profitability and Customer Relationship Management at RBC Financial Group (Abridged)”, Narayanan) to an estate jewelry brokerage, the brokerage also has the opportunity to gain valuable customers and audience-based data to inform their business decisions like the bank did. Being able to see which customers generate the most value, the most frequently (thus, earning a position in the valuable “True Friends” segment of the matrix shared in “The Mismanagement of Customer Loyalty (Reinartz and Kumar)), would allow the business to invest more in improving the relationship with that customer and thanking them for their business (for example, with more valuable customer gifts). They also can have true insight into which products receive the most traction and insight on their website and how that translates into sales and inventory turnover with data driven by free or paid website and e-commerce analytics software.

By narrowing in on the best practices shared in “CRM Done Right” (from “Which results matter most” to “business needs taking precedence over technological capabilities” ), decision makers and their marketing and sales teams can see that while CRM technology continues to grow by leaps and bounds and become more affordable and accessible than ever, strategic decisions still must be made in advance about how to structure and implement a system for it to be most effective in generating results that everyone (business and consumer) can benefit from.

NC State Global Luxury Management Summer Reading Review

My acceptance into grad school came with a summer reading list comprised of several digital PDF articles and three books. In light of orientation beginning tomorrow, I hopped on Periscope for a few minutes to share the books and my take on them, as well as to suggest two articles for further reading in the August 2015 issue of ELLE magazine.

If you didn’t get a chance to watch the live stream on Periscope, I’ve archived the review on YouTube. Check it out below or click https://www.youtube.com/watch?v=IG7dNwbtSsk to view if you have trouble with the embedded video below.

Thanks for tuning in! I’m excited to jump in tomorrow and will be sharing some of my first-week experiences on Twitter and Instagram with the hashtags #NCStateGLM and #EverydayLuxe, so follow along on social – I’m @NCSULilWolf on both Twitter and Instagram.

Back to School

Think this is a post about sending a mini off to elementary school? Not so much. It’s me who is heading back to school!

NC State Global Luxury Management Master's Degree Program
NC State Global Luxury Management Master’s Degree Program

This fall (as in, starting next week!), I’ll be back at NCSU to get my master’s degree in Global Luxury Management – it’s a full-time program, but I’ll be maintaining my consultancy, Raleighwood Media Group + Raleighwood Event Group, while pursuing this one-year degree. I’m so excited about being back on campus. It’s just a different place than the business world. There are great minds there gushing with creativity. Compared to some my class peers (42 students representing five different countries), I’ve got the benefit of having been on campus in undergrad, so I’m already very familiar with campus and NC State in general.

I thought about setting up yet another blog to chronicle my experience in the NCSU GLM program, but instead, I’m opting to pay more attention to this site instead and I’ll tag posts related to grad school with NCSU GLM and Everyday Luxe. I’ve also purchased the domain Everyday-Luxe.com that’ll take visitors directly to that content.

Stay tuned, y’all!

What I’ve Been Up To: November Edition

I also went back brunette in November, so if you see me out and about, do say hi. If you think it's me, it probably is. While blondes to have a lot of fun, after a three year stint on the lighter side I'm excited to not spend $200 at the salon every 3 months. That should definitely add to the fun budget!
I also went back brunette in November, so if you see me out and about, do say hi. If you think it’s me, it probably is. While blondes do have a lot of fun, after a three year stint on the lighter side I’m excited to not spend $200 at the salon every 3 months. That should definitely add to the fun budget!

Once we get into the holiday season, it seems like time flies even faster than it already does. Much of my November was spent planning and working on large-scale annual productions, not the least of which wrapped up last weekend and tonight: the sixth annual iheartretail.com Black Friday, Small Business Saturday, and Cyber Monday Shopping Guide and the Triangle Merry Mingle.

The iheartretail.com Shopping Guide is a labor or love that I’ve diligently compiled for the last six years running to direct shoppers’ deal-hungry dollars to local and indepdent retailers, rather than massive national chains – especially those that open on Thanksgiving and in the wee hours of the following Friday morning. In the borrowed words of my pal Mike G. – “ain’t nobody got time for that!” Aside from being a labor of love, it’s also the single most significant traffic driver to iheartretail.com all year long and also generates a significant amount of new email subscribers, so while it takes me days to compile, it’s worth every bit of benefit to the retailers featured and to the overall success of my website. If you’re a local retailer and want to make sure I have you included next year, drop me a line to join my retailer email list!

As also mentioned above, the Triangle Merry Mingle is an annual networking event hosted by TIMA, Triangle AMA, AdFed, and AIGA – all local professional organizations for those in advertising, marketing and design. The event is a great chance to see nearly everyone in the industry, and lots of former colleagues and dear friends, while supporting a great cause, the Triangle Spokes Group, which provides bicycles for needy children in the Triangle for Christmas.

Speaking of TIMA, we wrapped up our 2014 programming in events with a great networking event in Morrisville at the new Blackfinn Ameripub and will be ushering in a new volunteer board for 2015. I’m excited to remain on the board in the role of Events Director and can’t wait to share more from that early next year.

And when it comes to volunteer boards, more is always merrier right? I’m excited to be joining the Raleigh Public Relations Society for 2015 as their Sir Walter Raleigh Awards banquet chair. Not a huge commitment, but that’s plenty for this girl!

Things were relatively smooth sailing at WRAL.com in November, as we geared up for the launch of a newly redesigned mobile news app, as well as the 43rd annual HighSchoolOT.com Holiday Invitational Basketball Tournament. Both require a tremendous amount of planning, pre-production and execution, so I’m personally thrilled to have had ample time to begin addressing each in advance. My team there also enjoyed some group learning at our annual visit to Internet Summit and with a Triangle AMA class, Mad Libs for Business.

On the Raleighwood Media Group side of things, I happily welcomed a new client to our growing client roster (thank you kindly for the referral, Evan Roberts!) and can’t wait to share some December success stories on their behalf in my next monthly wrap-up. I’m also negotiating a new office space on Glenwood South and can’t wait to get in and get a First Friday cocktail party on the calendar for 2015. There’s just something so exciting about having a real brick and mortar presence in Downtown Raleigh.

Adding another “first” to the list of things I’ve adventured into this year, I boarded an Amtrak train for a 7-8 hour ride to Delaware, along with Mom, Dad, and Johnnie Bud to visit Mandy and Joe in Delaware for their first Thanksgiving away from North Carolina. We had a great time kicking back, doing some shopping at Rehoboth Beach on Small Business Saturday, and taking a scenic drive through the massive (but completely abandoned this time of year) Ocean City, MD.

The first of many holiday parties kicks off this weekend, along with a great deal of “wrapping the year up with a bang” work, so I wish you all the best in this final month of 2014. Make it a great end to the year!

What I’ve Been Up To: October Edition

October flew by because it was packed with things to do, places to be, and people to see. My favorite ways to fill up a busy schedule!

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Johnnie Bud and I spent the first weekend of October visiting my little sister Mandy and her other half Joe up in Delaware are their first house. We got a special tour of Dover Air Force Base where my sister is a veterinarian and the officer in charge at the Dover Air Force Base Veterinary Treatment Facility – check out this great Veteran’s Day article on her and the patients she sees daily: Base vet supports mission, your pets. It’s a long 6+ hour drive (about 2 hours north of D.C.), but always worth it to spend some quality downtime with family.

Johnnie’s brother got married the next weekend on a Sunday – congrats Christopher and Nikki! – and the very next morning was the WRAL TechWire Executive Exchange: Fiber Transforms the Triangle half-day conference held at SAS that I spent no less than three months working on. Every detail, from venue, down to nametags, was painstakingly planned for by my incredible team at WRAL.com and this high-caliber event went off without a hitch. It’s nice to occasionally have a nice, long planning and marketing timeline and a moderate budget to work with!

Just four short days after the Fiber event, Johnnie Bud and I hoped on a plane bound for Louisville and not only traveled to see NCSU play at Louisville (notice I didn’t say “win”… bummer), but we spent a few days checking out a “new to both of us” city and toured and tasted as many of the stops on the Urban Bourbon Trail as possible. Louisville’s got a great food and beverage culture, but their downtown foot traffic is surprisingly slow on the weekends compared to somewhere like Raleigh. I would love to visit again in 5-10 years to see if that has changed.

We wrapped up the month with more places to be at the UConn vs. ECU game in Greenville (thanks for the hospitality, Cory and Alison!), another lovely night of fundraising for the Rex Foundation at the Rex Gala, and as with every October, a quick visit to the NC State Fair!

Business-wise, I’m thrilled to say that several projects were completed for Raleighwood Media Group clients and I even had the opportunity to develop three proposals for new business (social media management and email marketing projects) which are all coming to fruition now that we’re in November… also known at #Movember. So #LetItGrowRDU and I’ll check in next month. Thanks for reading, y’all!

What I’ve Been Up To: Quarterly Edition

wral elevator wrapsI can’t believe that July, August and September have flown by so fast, that I didn’t even get the chance to write monthly recaps. (Let’s write that off to beautiful NC weather keeping my weekends and evenings booked solid.)

Since we’re talking about the last three months as a whole, let’s just take a look at the high notes:

  • A few weddings and engagement parties (staples in North Carolina social calendars during the summer)
  • Interviewed Arif Denk, owner and chef of Troy Mezze Lounge in City Market, for the August Ethnosh event, in July… and sampled fantastic Turkish cuisine
  • Introduced hundreds of shoppers at the Shop Local Raleigh Boutique Blowout event to iHeartRetail.com with samples of low calorie Smirnoff cocktails – a perfect audience for both brands – on Aug. 8
  • Spent several weeks planning and a full day working at the HighSchoolOT.com Football Jamboree on Aug. 16
  • Volunteered at the first Memory Cafe on Aug. 19, as well as donated a website for the ongoing promotion of this great event
  • Supported local beer and a local museum at the Natural Selections Wake County Brewers Expo on Aug. 21 – the event sold out but promises to make a return, so be sure to check out the next installment
  • Took the manfriend on a belated birthday adventure to the New Hope Valley Railway
  • Enjoyed a much-needed Labor Day weekend getaway to Charleston, SC with Johnnie Bud (thanks to the Fitzgeralds for having us as usual!)
  • Hosted another great #TIMAMixology event, this time over in Chapel Hill at The Crunkleton, on Sep. 4
  • HOPSCOTCHED
  • Got to know more Rotaract friends on a Trolley Pub outing
  • Celebrated a dear friend’s 30th birthday at the newly opened Common 414 craft cocktail bar on Fayetteville Street
  • Kicked off another season of NC State football – less than 2 months in, it’s already been a wild ride
  • Joined the Food Bank of Central and Eastern North Carolina as a social media ambassador and jumped right into those responsibilities by joining their Midnight Madness volunteer shift during #Foodbank24
  • Had to change plans on the fly when the glue for the craft at the WRAL GoAskMom tent at the American Heart Association Heart Walk wouldn’t stick
  • Live tweeted the second #RIoT meetup at HQ Raleigh for WRAL TechWire
  • Speaking of WRAL TechWire, my WRAL.com marketing team won a Raleigh Public Relations Society Sir Walter Raleigh Award for our event, the Full Steam Ahead Awards!

So many smaller things happened in between and so much work to coordinate on behalf of Raleighwood Media Group clients and my day-to-day WRAL.com responsibilities, but it’s been a great three months, so here’s to closing out the last quarter of 2014 with just as much enthusiasm!

Can a Blog Post from 2010 Still Be Relevant?

You tell me!

I stumbled upon this guest post I wrote on behalf of the Shoeboxed.com team “way back” in 2010: Why Your Visitors Hate Your Stock Photography.

It is featured on BoostSuite.com and I’m happy to say I believe the takeaways are still relevant today. I’d love to hear your thoughts…

What I’ve Been Up To: June Edition

Punctuation is everything - especially when it comes to marketing and promotions
Punctuation is everything – especially when it comes to marketing and promotions

Truth be told, June wasn’t as professionally exciting as May was, but it was still one heck of a busy month. I can’t believe we’re already looking the 4th of July holiday smack in the face!

  • Started June with Charlotte and Jeff’s wedding, which meant quality time with a few Pi Phi sorority sisters I have gone inexcusably too long without seeing
  • Put together a month long Twitter campaign for a Raleighwood Media Group client to test out a new product/service offering I’m considering and to get their feedback along the way
  • Put in a few late evenings knocking out real estate licensing continuing education after the workday was over – a week before the annual deadline – gold star for that one…
  • Took a much-needed mini-vacation to Ocracoke with Johnnie Bud and friends… realized these trips are no longer “college” trips when everyone in the rental house spends the first hour of their day checking in on work while on vacation
  • On a semi-professional/all enjoyable weeknight, Johnnie Bud and I attended Chef Matt Thompson‘s first cooking club at The State Club – that’s a place I encourage all NCSU graduates to consider having a membership at for conducting business meals
  • Enjoyed a chill Amos Lee concert at Koka Booth Amphitheatre
  • Went to Pinehurst to attend my very first US Open with Johnnie Bud – many thanks to the Stricklands for the hospitality of letting us stay with y’all when hotels have been sold out for two years for this signature professional golf event.
  • On a professional note, I was in awe over the promotional tent for American Express at the US Open. They gave out free ear piece FM radio devices to cardholders so that attendees could hear the ESPN radio coverage of the event, had an interactive “improve your golf swing” demo set up, as well as generated custom rotating .gif images of attendees in front of a green screen with the scenes of Pinehurst imposed on the background… how very memorable for the audience!
  • Made some big strides with fellow TIMA board members to make our programming and value of membership more marketable and well… more valuable – and loved our Mobile Marketing Panel Event that was held in the American Underground at American Tobacco Campus
  • Spent a few hours sorting potatoes for the Food Bank of Central and Eastern NC with Rotaract, and was totally humbled by how many people in NC are at risk of hunger everyday and the work the food bank is doing to combat that
  • Attended the Movember Team RDU spring social with William Ammerman, Director of Sales and Marketing for WRAL.com, and Johnnie Bud – loved seeing the wheels turn in their heads as they got excited about raising critical awareness and much-needed funding men’s health and cancer research this upcoming fall
  • Worked with my super talented WRAL.com team to put together four Sir Walter Raleigh Award submissions for the Raleigh Public Relations Society. It’s our first year participating, so winning or not, I’m thrilled with the quality of our submissions.
  • Closed out the month hosting the Raleigh Beer Guide Volume 2 Release Party at Tribeca Tavern in Raleigh with Tara, Steph, and Jodi of WRAL Out & About… with guest appearance by Deanna who spent some time job shadowing the marketing suite at WRAL.com. Anyone looking for a stellar marketing coordinator, let me know! I’d love to connect you to this great job candidate…
  • Almost forgot: Dragged Lisa S., Joel-o-saurus, and Johnnie Bud to see Little Big Town, also at Koka Booth Amphitheatre in Cary… there’s always time for one more country music concert!

Hope your June was productive, successful and if you were lucky, even a little bit profitable. Cheers, y’all!