Q&A with Google’s Avinash Kaushik: Marketing without shouting

Q&A with Google’s Avinash Kaushik: Marketing without shouting

June 26, 2013

Avinash Kaushik is Digital Marketing Evangelist at Google, and author of Web Analytics 2.0: The Art of Online Accountability and Science of Customer Centricity. He is a keynote speaker at this fall’s COLLOQUY Loyalty Summit.  

Social media presents an opportunity for brands to connect with their most loyal customers, but the opportunity can be intimidating. This new form of “conversational marketing” is engaging consumers on a deeper, emotional level and introducing a new set of success metrics along with it that can help brands measure the value inherent in these conversations.

We recently sat down to speak with Avinash to discuss how brands must interact in authentic ways with their customers, either outside or within loyalty programs, if they want to meaningfully impact the bottom line.Q: What can loyalty programs learn from social media?

Avinash Kaushik: As is the case with shout marketing and TV, loyalty programs are going to have to change dramatically. It pains me deeply how non-intelligent and non-imaginative many loyalty programs are. Today, when I think of loyalty programs, I tend to think of them as operating-room antiseptic things. There’s no love, there’s no passion.

Instead, loyalty programs have the ability to change. They can move from being programs where once a month we send members an annoying email with the latest offers, to instead constantly engaging with our most loyal clients, in a day-to-day way that makes those clients’ lives better.

My loyalty programs have my attention maybe once a year when they send me a summary, but they could have my attention every other day. Social media is such a great way to say: Let’s create a community of our most loyal customers, or figure out how to move people to that level, but not by shouting or sending generic emails with offers. Loyalty programs should simply treat their most loyal member as human beings. This sounds like a quaint notion, but loyalty programs must figure out how they can treat their customers as members of an extended family.

Q: Do marketers understand the key metrics on social media?

AK: I don’t think so. One day last month, Vaseline had 1.2 million likes on its Facebook page. On that same day, my Facebook page had 11,600 likes. But if you look at the “Talking About This” (TAT) metric — you can see it for anybody on any page of Facebook — there is a huge difference. Around 1,800 people were talking about Vaseline. But on that day, 3,200 people were talking about me. More than 1,000 more people were talking about me than about Vaseline. How is that possible?

It’s primarily because on Facebook Vaseline shouts at people. I have conversations. I post something really interesting, nothing to do with promoting me or my book. The payoff of conversational marketing is that you persistently have a relationship with people that is impossible to achieve on any other channel.

Q: What mistakes do companies commonly make when establishing their social media presence?

AK: You need to know how to measure on social channels. My measurement framework examines metrics that serve as a check on suboptimal behavior. You must incentivize optimal behavior, so you don’t focus on meaningless metrics such as “likes.” You want to make sure your social activity has profitable results. It’s all about making money, but in a very smart way, and about moving people beyond a silly obsession with the number of followers or likes they have, which don’t show results.

The metaphor I use is that the likes or +1’s are like one-night-stands. My metrics show how things went on a second or third date. How many got engaged or married to your brand? In this case, polygamy is OK. One-night-stands might feel good, but when you wake up the next day, you have nothing.

Unknown's avatarAbout bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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