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If You Don’t Own Your Channels, You Don’t Own Your Audience

A very telling thing happened in October. YouTube, in preparation to release it’s paid subscription service, Red, told its top content creators that “any ‘partner’ creator who earns a cut of ad revenue but doesn’t agree to sign its revenue share deal for its new YouTube Red $9.99 ad-free subscription will have their videos hidden from public view on both the ad-supported and ad-free tiers.” (ref: TechCrunch). In other words, if content creators who are getting revenue from their YouTube videos don’t agree to Red, their channel will go dark. All those subscribers will mean nothing if they can’t access your content.

This should be something of a reality check for marketers. On YouTube or any third party social channel, your audience doesn’t belong to you; it belongs to the channel. Those Twitter followers? Twitter owns them. All those Facebook likes? They’re not your property, they’re Facebook’s. Any one of those channels can do anything they want with them at any time. Feel insecure? It is.

What if Facebook removed access to people who have liked your page unless you pay for engagement? There’s no reason they couldn’t. Or what if the social network that you’ve poured so many resources into in order to develop a large following were to fade away – perhaps people start abandoning Twitter en masse for Snapchat (or whatever comes after Snapchat)?

You don’t own your social media audiences. In many cases, you don’t even own the content you’ve shared on that social channel. You definitely don’t own your advertising audiences or any other audience which is rented. Any and all of these audiences can be taken away. If you’re looking to develop an attentive and loyal audience that’s both engaged and secure, what can you do?

Building an Owned Audience

Building an owned audience requires that you create a platform for audience growth which is under your full control. Any audience on a “rented” channel belongs to the channel and not to you.

Building an owned audience also requires that the channel you create offer sufficient value such that people want to engage with it and return to it. Getting someone to hit the “follow” button on a social platform is very non-committal. Getting someone to sign up for an entirely new platform is a higher bar. You need to ensure that you sufficiently understand and address genuine audience needs in order to for them to commit. Furthermore, unlike social media, you need to provide enough value that the audience will go back just for the value your owned platform provides; there won’t [necessarily] be many other people and brands drawing them back into it, giving them reasons to return and engage. While yours may be just one of 100 liked pages and 500 friends competing for space on a Facebook user’s feed, that may be enough to provide you with the opportunity to grab for their attention. There may be a lot of competition for that attention, but there are also many reasons for the users to continuously return to the channel; the burden of reeling the audience back in is widely distributed among their many connections and the platform itself. On an owned channel, you must make it entirely your responsibility to entice to engage and continue to reengage over time, but each time they do you own that attention. You write the rules.

That begs the question: What do you need to do to build an owned channel?

The form that the owned channel takes is irrelevant. The form should simply be a response to audience needs. It can be as simple as a blog or as complex as anything you or I could imagine. There are only three requirements:

  1. It has to provide genuine value to the target audience. That’s what is going to attract their attention. Understand what problems your customers are having and focus on helping to solve them. Your platform has to be primarily about your customers.
  2. The value has to be sustained over time. An audience that only pays attention once doesn’t do you much good. While the audience itself can sometimes be leveraged to add value to the platform, don’t plan on it happening. Expect that you’re going to have to be the one to continue to add value to the platform over time. If that seems like an unsustainable effort, it may be time to go back to the drawing board.
  3. It has to meaningfully connect the audience with your brand.

By creating a platform which enriches the lives of members of your target market, you’ll find yourself growing a willing, captive, and secure audience – on your terms.

"Future-proof your marketing and create a strategic advantage by having “owned” audiences that turn the tides of customer sentiment to your advantage. Scientists are slow to change their loyalties, but if you can consistently provide the best value – the best experiences – your brand will become the default selection above which others must prove their worth.

Own the incumbent advantage. Contact us."

Life Science SMM: YouTube

YouTube is a great platform for sharing, but know where its usefulness reaches its limit.This post is the fourth in a series of primers on various platforms available for life science social media marketing (SMM). The first SMM primer, about the use of Twitter, is available here. The second, on using Facebook for life science SMM, is available here. The third, on LinkedIn, is available here. Check back next week for the last life science social media marketing primer, which will be on the use of forums.

YouTube has become synonymous with video on the internet. Content is literally added faster than you can watch it, even if you had 2500 monitors. According to YouTube’s own statistics, 8 years worth of video content is uploaded to YouTube every day. More content is uploaded in one month than the three major US television networks have created in 60 years. YouTube videos were played 700 billion times in 2010.

That said, YouTube isn’t your average social network. The average YouTube viewer is there for entertainment or information, not socialization, so there are a lot more silent participants and generally less interaction than on more traditional social networks such as Twitter and Facebook. Because of this, YouTube isn’t really a social tool to be used alone, nor is it something that should be tackled separately from other social channels. To get the most from YouTube, it should rather be a part of a greater life science content marketing strategy, and its use should be integrated with your other social platforms.

YouTube is wonderful for content marketing in no small part because it’s so incredibly easy to share. YouTube has its own built-in URL shortening, and viewers can post YouTube content anywhere and embed videos any place that they can post HTML. If your aim is viral and your content is video, YouTube has to be your platform. YouTube is good for more than just viral videos, though. It’s a great place to start or develop engagement with customers. YouTube allows you to link to other content within the video space itself, and you can promote other avenues of social engagement and content as well, such as your twitter account, Facebook page, blog, your YouTube channel, etc. Be sure to make good use of that capability and encourage your audience to interact, share, and connect. Think of this encouragement as the equivalent of what calls-to-action would be in more demand-focused marketing communications. Instead of “buy now”, you’re saying “share”, “follow”, or “subscribe”. Keep your content fresh, and make lots of videos – even if they’re nothing special. Show customers how to use your new products (and encourage them to share their methods via video as well). Introduce your facility or staff. Create “video manuals” for your products. Show your human side, build your brand, make some friends. Get creative, and try to find ways to pique your customers interest. Just don’t waste their time. Videos don’t have to have a high production value (especially for smaller life science companies that aren’t as worried about appearing “finished”), but they should all have a purpose.

Like other social media platforms, there are some things that you definitely should NOT do. Don’t use it as a place to make hard pitches. If you want to use YouTube to lead someone into a sales cycle, lead them to another place first (your website, for example). Also, don’t use too YouTube videos on the static pages of your website (such as your product pages). YouTube videos will show related videos at the end of your video, and this may include competitors’ videos. Also, YouTube is notorious for people “Trolling” – posting inflammatory or degrading remarks in order to elicit a response. Don’t “feed the trolls” by falling into their trap. If someone says something off-topic and / or stupid, just ignore it.

YouTube also allows users to create “Brand Channels“. These channels are homepages for their YouTube content that can be customized with a company’s branding and imagery, and also provides some additional features such as moderation (which shouldn’t be overused!). These are visually nifty, but are not free, so it’s up to you to decide whether a brand channel is worth it.

YouTube is a great place to share your video content and promote engagement with customers. Used in conjunction with other social media platforms, your blog, and other means of providing and distributing content, your life science company can build a powerful tool for engaging researchers.

"Do you like YouTube? We LOVE YouTube! Blending our experience in social media marketing and marketing communications, we can conceptualize high-impact strategies, define winning campaigns, and create awesome videos that leverage YouTube to get your life science tools company more publicity, create a whole lot of interaction with scientists, and help build and project your brand to the world. If you want to combine the powerful tools of video content and social media, then it’s time to call BioBM Consulting. Let’s grow your business, make an impact, and maybe even have a little fun doing it. … And did I mention we love YouTube?"

Value of Social Media Marketing

Social Media Marketing is a great way to interact with customers, but many companies take it for granted and do not adequately plan their SMM strategies.Social media is all the rage – it has been for almost a decade now. From the generation Y-ers who initially picked up on the pioneering social network Friendster back in 2002 to the new generation of socially networked seniors with Facebook friends galore, the world is now socially networked. Using social networks for marketing purposes, a practice more technically referred to as social media marketing or just SMM, is a young and rapidly evolving practice (as you may notice from the lack of detailed information in the Wikipedia entry on the subject). While the leveraging of social networks for marketing purposes is not a particularly new idea, companies have traditionally been slow to adopt social networking. While some companies have had overwhelming successes with SMM – such as Bio-Rad’s PCR song spoof of the Village People’s “YMCA” that went massively viral within the scientific community two years ago – most companies’ social media efforts, particularly those of small companies, are largely failures. In this post, I will address some of the basic yet important and often overlooked questions and challenges of social media marketing that many companies fail to address, as well as discuss some of the social media outlets and some of the specific concerns involving each.

Issue #1: Understand who you are trying to talk to

This is the easiest and least complex step and should be the first step as well, but nonetheless even this relatively simple issue gets overlooked sometimes. Simply ask yourself: “Who am I trying to communicate with?” If you are serving life science researchers generally, then the answer to this question will be broad – you’ll be communicating with research assistants and lab techs, PIs and professors, grad students and lab managers, procurement department employees, etc. They may be in academia, pharma / biotech, CROs, etc, etc, etc. This will likely make it easier to find your audience but may make it harder to connect with them since they’ll have diverse interests. Alternatively you may be focusing on a small subset – say, researchers in big pharma performing mass spectroscopy analysis of proteins. This kind of refined specification may make it harder to find your audience but will make it easier to connect with them since you will know their interests to some extent.

Issue #2: Understand why you are talking to them

An equally important and amazingly frequently overlooked question is “why”. Why are we trying to engage this audience? Do we want to get their opinions? Do we want to control or convey our brand image? Do we simply want to promote products and / or services to them? Don’t just answer yes or no to these questions – delve into them a bit. If you want to promote products to them, think about how you plan on doing so. Do you plan on offering exclusive promotions? Do you want to use social media as an outlet for conveying information on new products? Dig deep and think about what your goals are.

Issue #3: Understand how your audience uses any given social media platform

This is the #1 reason for failure of any social media marketing strategy. Companies fail to understand how the audience is using a particular platform. A related pitfall involves rolling out an identical engagement plan across all (read: “disparate”) platforms. While this is a complex issue and could be the subject of a book, allow me to give you a few things to remember. 1) Social Networks are your audience’s turf, not yours. Unlike your website, print or online advertisements, or just about any other marketing platform you utilize, you are not in control of a social network, and your audience is not there specifically to interact with you. You are both a guest and a member of a conversation, so act accordingly. Interact. Contribute. 2) You need to give people a reason to listen to you, and this reason has to be congruous with the reason that your audience is on a particular social platform in the first place. In other words, delivering value is not enough – you need to deliver value within the context of the audience’s presence on any given social network.

Issue #4: Resource your efforts appropriately

One of the great things about SMM is that social platforms are almost always free to use, but this doesn’t mean that an SMM campaign doesn’t require any significant amount of resources. While SMM can be significantly less expensive than other marketing outlets, social media marketing is not some simple endeavor that involves merely sending out an occasional tweet whenever you have a promotion. It requires forethought, planning, engagement, conversing, creating and delivering value, and all these things take time. Figure out where you can get the greatest returns from your social media marketing investment and focus on that. Only roll out a broad SMM campaign across many platforms if you have the time and budget to do so. As with other marketing endeavors, spreading your efforts too thin will lead to failure.

Brief comments about different social media platforms

Facebook – This is a purely social, mostly recreational platform. It’s a great place for strong consumer brands, but others can have difficulty connecting with their audience here. Remember that people go on Facebook for personal reasons and to make personal connections. If you’re going to connect to most scientists here, you’ll need to reach out to them not just as scientists, but as people.

Twitter – People express a variety of interests here, so listen to what your audience is saying and participate. Perhaps the greatest power of social media marketing via twitter is it’s search function. Connect with people who are talking about things that pertain to your company. Also, be sure to give your account some personality.

LinkedIn – You’re probably not going to pick up many customers here unless you’re doing higher-level B2B sales, but it is a great way to connect with potential business partners. Since your space on LinkedIn is your turf, so to speak, make the best of it. When presenting yourself on LinkedIn think of your company first, and your products as a function or extension of your company.

Forums – While not always thought of as a social network, the same rules apply. Forums can be great ways to find and convey messages to groups of researchers and scientists (and others) interested in a specific topic. Again, be engaging and be sure to add value to the conversation.

YouTube – Remember that after someone watches a video on YouTube, they’ll see “related videos”, so if your competitors are on YouTube as well, they’ll probably be presented with their videos after watching yours (although this works both ways). It’s a great way to host content that can be easily linked to, shared, embedded, and otherwise distributed.

Virality

As a closing note, don’t spend all your effort trying to create the next huge, viral media phenomenon. While it’s a noble goal, the success rate in trying to do so is very low, and the compulsion to spread the word needs to be very high. A 2006 Millward Brown study suggested that on average only 13% of people who receive any viral message pass it on. This means that for every 8 people the message reaches, one of those must pass it on to another 8 in order for the message to maintain it’s rate of spread. That’s a lot to ask for. Don’t let these numbers discourage you from trying, especially if you have a great idea (again, I point to Bio-Rad’s video), but don’t think that going viral is necessary for a good SMM campaign.

Social media marketing is a great way to connect with customers, get feedback on products or services, crowdsource for ideas, and convey and monitor your brand identity, but it is something that requires planning. Not adequately defining SMM strategies, not understanding your audience or social platforms, or under-resourcing your SMM efforts are all-too-common and avoidable reasons for social media marketing failures. A little planning and some understanding of the social networking landscape can dramatically improve returns on social media marketing.

"Need help defining a social media marketing strategy? Want to talk to a social media marketing expert about how best to engage customers on a given platform? Want to create and launch a well-rounded SMM campaign? The marketing and web experts at BioBM have deep knowledge and robust experience in SMM. Talk to us and tell us about what you want to accomplish, and we’ll help get you there."

And now, for your enjoyment, the Bio-Rad PCR song!