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	<title>Comments on: Social Media Return On Investment</title>
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	<link>http://christopherberry.ca/2010/01/social-media-return-on-investment/</link>
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		<title>By: Jim Novo</title>
		<link>http://christopherberry.ca/2010/01/social-media-return-on-investment/comment-page-1/#comment-138</link>
		<dc:creator>Jim Novo</dc:creator>
		<pubDate>Fri, 22 Jan 2010 16:09:59 +0000</pubDate>
		<guid isPermaLink="false">http://christopherberry.ca/?p=120#comment-138</guid>
		<description>This is an interesting line of thought Christopher, perhaps I can help with a bit of a framework.  And you&#039;re right, product is the root of Marketing decision making.  I hope my attmept at a chart below makes it through the CMS without breaking...

Brand for any product is a continuum between Product-centric and Image-centric, example:

..........Product Centric...........Image Centric
Beer.......Sam Adams..................Budweiser

Image-Centric Brands tend to have commodity status, which begs the need to differentiate by creating some kind of unique Image.  Product-Cebntric Brands differentiate on hard Features and Benefits.

If you think about the Marketing for Sam Adams, it&#039;s all about ingredients and customization.  If you think about the Marketing for Budweiser, it&#039;s all about wanting to be like or associating yourself  with the people or images in the spot - &quot;Yea, that&#039;s me!&quot;.

Now, if you think about Social success stories, you find that they really gravitate towards Product stories, and not Image stories.  Image stories are too easy to destroy in the social fabric; product stories bubble up *from* the social fabric.

So the success of social will largely be determined by where your Brand is on the continuum between Product-centric and Image-centric.

And here we arrive at a bit of irony. 

Many of the most successful Social &quot;Campaigns&quot; happen when the company does absolutely nothing overt in the social space - see Apple, and many other Product-centric Brands.

And some of the lamest and most clueless Social campaigns have been from commodity Image-centric products that tried to do something overt in the social space - see various packaged goods.

Meaning, you don&#039;t really have to *do anything* to get ROI from social if you have a successful Product-Centric Brand - the ROI is infinite because there is no spend.  And the ROI for an Image-Centric Brand is likely infinitely negative - any spend will never generate enough incremental sales to pay for the spend.  

As far as Marketing discplines go:

..........Product Centric...........Image Centric
..........Direct Marketing..........Mass Marketing

Direct has always been a Product-Centric approach; it has to be or the Math doesn&#039;t work; it&#039;s Feature / Benefit driven.

That&#039;s not to say companies employing Direct do not have &quot;Brands&quot;, they most certainly do.  But the Brand is very tightly tied to product, not so much with &quot;me too&quot; Imagery.

Make sense?  Help in your quest?</description>
		<content:encoded><![CDATA[<p>This is an interesting line of thought Christopher, perhaps I can help with a bit of a framework.  And you&#8217;re right, product is the root of Marketing decision making.  I hope my attmept at a chart below makes it through the CMS without breaking&#8230;</p>
<p>Brand for any product is a continuum between Product-centric and Image-centric, example:</p>
<p>&#8230;&#8230;&#8230;.Product Centric&#8230;&#8230;&#8230;..Image Centric<br />
Beer&#8230;&#8230;.Sam Adams&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;Budweiser</p>
<p>Image-Centric Brands tend to have commodity status, which begs the need to differentiate by creating some kind of unique Image.  Product-Cebntric Brands differentiate on hard Features and Benefits.</p>
<p>If you think about the Marketing for Sam Adams, it&#8217;s all about ingredients and customization.  If you think about the Marketing for Budweiser, it&#8217;s all about wanting to be like or associating yourself  with the people or images in the spot &#8211; &#8220;Yea, that&#8217;s me!&#8221;.</p>
<p>Now, if you think about Social success stories, you find that they really gravitate towards Product stories, and not Image stories.  Image stories are too easy to destroy in the social fabric; product stories bubble up *from* the social fabric.</p>
<p>So the success of social will largely be determined by where your Brand is on the continuum between Product-centric and Image-centric.</p>
<p>And here we arrive at a bit of irony. </p>
<p>Many of the most successful Social &#8220;Campaigns&#8221; happen when the company does absolutely nothing overt in the social space &#8211; see Apple, and many other Product-centric Brands.</p>
<p>And some of the lamest and most clueless Social campaigns have been from commodity Image-centric products that tried to do something overt in the social space &#8211; see various packaged goods.</p>
<p>Meaning, you don&#8217;t really have to *do anything* to get ROI from social if you have a successful Product-Centric Brand &#8211; the ROI is infinite because there is no spend.  And the ROI for an Image-Centric Brand is likely infinitely negative &#8211; any spend will never generate enough incremental sales to pay for the spend.  </p>
<p>As far as Marketing discplines go:</p>
<p>&#8230;&#8230;&#8230;.Product Centric&#8230;&#8230;&#8230;..Image Centric<br />
&#8230;&#8230;&#8230;.Direct Marketing&#8230;&#8230;&#8230;.Mass Marketing</p>
<p>Direct has always been a Product-Centric approach; it has to be or the Math doesn&#8217;t work; it&#8217;s Feature / Benefit driven.</p>
<p>That&#8217;s not to say companies employing Direct do not have &#8220;Brands&#8221;, they most certainly do.  But the Brand is very tightly tied to product, not so much with &#8220;me too&#8221; Imagery.</p>
<p>Make sense?  Help in your quest?</p>
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