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Performance Marketing and Google Tag Manager with Jon Rognerud

April 11, 2019 by Niklas Myhr Leave a Comment

Jon Rognerud, Chapman University, Niklas Myhr, Performance Marketing
With Jon Rognerud on the Attallah Piazza at Chapman University

Students in my Digital Marketing class got a great opportunity to learn about performance marketing with Google Tag Manager when Jon Rognerud, Founder and CEO of Chaosmap.com came to Chapman University for an engaging guest lecture.

Jon Rognerud, Chapman University, Niklas Myhr, Performance Marketing
Jon Rognerud at Chapman University on Performance Marketing

Jon is a fellow Scandinavian who left his homeland of Norway to make it in the US as a musician. While he still plays jazz, Jon Rognerud turned to technology to make a living. He got into software and web development at online giants such as Yahoo! and eventually branched out on his own entrepreneurial journey.

Work on Copywriting before setting up your Digital Marketing

Jon Rognerud founded Chaosmap.com when he discovered that many businesses don't have their digital backends set up appropriately. Worse, he often finds that businesses don't even know what message they have, what market they are serving, and what offer they are going to present. Absent clarity in these areas, no technology solution can save you.

Jon Rognerud, Chapman University, Niklas Myhr, Performance Marketing

To work on your messaging, Jon Rognerud told my students to go back and read the direct marketing classic Breakthrough Advertising by Eugene Schwartz to learn some fundamentals of great copywriting.

While Breakthrough Advertising was published the same year as The Beatles came out with its Revolver album (1966), Jon argues that its principles are still highly relevant in today's digital era and can help you set up your online presence in a more effective manner.

Content Marketing to Build Audiences

The main problem Jon sees is that businesses prematurely rush to generate traffic to online sales pages when they instead could be directing traffic to valuable, educational resources to more patiently build trust and nurture their prospects.

ABA = Always Build Audiences!

– Jon Rognerud

In this regard, Jon Rognerud has also been inspired by thought leaders in content marketing and he referenced another former guest speaker in my class, Mr. Robert Rose, Chief Strategy Adviser of the Content Marketing Institute.

Jon Rognerud, Chapman University, Niklas Myhr, Performance Marketing

The key is to not hard sell to an unwilling audience but rather to provide a good customer experience by offering content people want when they want it in the format they want it.

Jon Rognerud shared some inspirational tips on how to consistently create content and before class, I set him up in a library study room so he could create his daily podcast episode that was simulcast live out on Facebook and YouTube. Subscribe to his podcast here or check out the YouTube version of his Chapman episode below:

Clear Your Digital Chaos with Google Tag Manager

When Jon Rognerud audits the backend of clients' websites, he often encounters a jumbled mess of different code snippets from a large number of applications analyzing various aspects of online performance. This can slow down your website due to the high number of different scripts that needs to run every time someone enters your website.

Each individual tool also offers only a very limited view of overall performance of your online presence. Furthermore, this type of setup is often cumbersome to maintain and risk having scripts that are losing connection when you update your website, etc.

Jon Rognerud, Chapman University, Niklas Myhr, Performance Marketing

In 2012, Google came out with a solution to this problem in the form of Google Tag Manager and Jon Rognerud finds it surprising that most businesses he encounters are not using it yet. To him, it is simply a no-brainer as Google Tag Manager provides a one-stop shopping solution for measuring and analyzing your digital marketing performance.

Simply put, you can input the identifiers and scripts from a number of different applications into Google Tag Manager and then keep them all up to date inside one interface. Examples of scripts that Jon highlighted that could be unified into Google Tag Manager include Facebook Ads, Google Ads, Google Analytics, Twitter, LinkedIn, and Email Marketing.

Jon Rognerud on his Chapman Experience

Before leaving the Chapman campus, I thanked Jon Rognerud and asked him to summarize what he had been sharing with my Digital Marketing students. Here is what he had to say:

Jon Rognerud on his Chapman University Experience

Filed Under: Chapman University, Content Marketing, Digital Marketing, Featured2 Tagged With: content marketing, digital marketing, google tag manager, performance marketing

With HSH Prince Albert II and the Monaco Digital Advisory Council

December 20, 2018 by Niklas Myhr Leave a Comment

Proudly I accepted the invitation by HSH Prince Albert II to join The Monaco Digital Advisory Council. This council helps guide the principality through a journey of digital transformation. The goal is for Monaco to become a world-class smart city or city state not only to serve its own citizens but also to provide a good example for the world at large.

Niklas Myhr, HSH Prince Albert II, Monaco Digital Advisory Council
Niklas Myhr, Ph.D., Chapman University and HSH Prince Albert II of Monaco

Ever since HSH Prince Albert II took over the reign as the Prince of Monaco in 2005, he has worked hard to establish Monaco as a sovereign, independent country that is to be taken seriously by the international community. In so doing, HSH Prince Albert II has built an agenda for Monaco based on the core values of ethics, transparency, and sustainability.

For example, Monaco should no longer be seen as (if it even ever was) a safe haven for money-laundering activities. Also, the many initiatives supported by the Prince Albert II of Monaco Foundation very much counter the perception of Monaco as only being concerned about luxury yachts, the Casino, and Formula I racing.

Monaco's Chief Digital Officer Frédéric Genta

While HSH Prince Albert II has made great strides in his first decade plus in charge, he has declared that the second phase of his reign should focus on digital transformation. He recognizes that Monaco could do much more in terms of leveraging smart technologies to support his agenda and big ambitions for his Principality.

Monaco Digital Advisory Council breakfast outside w Prince Albert II
Frédéric Genta and HSH Prince Albert II of Monaco

To spearhead the digital transformation of Monaco, the HSH Prince Albert II appointed the country's first Chief Digital Officer in the form of Mr. Frédéric Genta. Mr. Genta is a native Monegasque with an impressive Silicon Valley technology background at Google, Amazon, etc, and who also holds an MBA from Harvard Business School.

The Monaco Digital Advisory Council

The Monaco Digital Advisory Council, under the directorship of the country's Chief Digital Officer Frédéric Genta and with HSH Prince Albert II as its Chairman, was formed to support the digital transformation of Monaco. The council is providing the Principality with a digital vision, strategies, and contacts with external networks and companies. 

Prince Albert II, Niklas Myhr, Monaco Digital Advisory Council, Gunhild Stordalen
The Monaco Digital Advisory Council 2018 (from left to right): Hani Mahmassani, Northwestern University; Niklas Myhr, Chapman University; Hiroshi Mikitani, Rakuten, Inc.; Frédéric Genta, The Government of Monaco; Axelle Lemaire, Roland Berger; HSH Prince Albert II of Monaco; Krishnakumar Natarajan, Mindtree; Gunhild Stordalen, EAT; Marc-André Kamel, Bain & Company; Nick Jennings, Imperial College London; with moderator Loïc Plantevin, Bain & Company (missing in photo: Diego Piacentini, The Government of Italy; and, Balaji Srinivasan, Coinbase.)

At our first meeting, expertly moderated by Loïc Plantevin of Bain & Company, I had the great pleasure of interacting with and learning from a number of experts from both the public and private sectors: 

  • Hani Mahmassani: A Professor at Northwestern University who is considered a world expert in the mobility sector.
  • Hiroshi “Mickey” Mikitani: Founder and CEO of Rakuten, Inc., Japan's largest digital platform.
Hiroshi "Mickey" Mikitani of Rakuten and Niklas Myhr
With Hiroshi “Mickey” Mikitani, CEO & Founder of Rakuten, Inc.
  • Axelle Lemaire: Former Secretary of State for Digital Technology in France under President Hollande and now a partner in the consulting firm Roland Berger.
  • Krishnakumar Natarajan: Co-founder and Executive President of Mindtree, India's leading IT company with regard to smart city issues.
  • Gunhild Stordalen: Founder and Executive President of the EAT Foundation with a mission to transform how the planet feeds itself not only for the health benefits but also with the goal to reduce the negative environmental impact of the food supply chain.
  • Marc-André Kamel:  A Monegasque national and a Partner and Director of Bain & Company.  He heads the Distribution and Luxury division for Europe, the Middle East and Africa and is one of the leaders of the Transformation and Customer Strategy and Marketing divisions.
  • Nick Jennings: Professor of Artificial Intelligence at Imperial College London, who is internationally recognized as an expert in this field.
Monaco Digital Advisory Council breakfast inside w Prince Albert II
Breakfast with the Monaco Digital Advisory Council and HSH Prince Albert II

In addition, the Monaco Digital Advisory Council includes the following two members who were unable to attend our first meeting:

  • Diego Piacentini: Government Commissioner for Digital Matters in Italy, the first Vice-President of Amazon and its second largest shareholder ($3.2 billion).
  • Balaji Srinivasan:  Co-founder of Coinbase (the largest Blockchain company) and an Associate of Andreesen Horowitz (the largest Californian venture capital fund).
The Monaco Digital Advisory Council

The Social Media Professor joins the Monaco Digital Advisory Council

With such a distinguished group of world-class thought leaders and entrepreneurs, it would be easy to feel intimidated. For example, I did note the fact that the majority of the other council members had their own Wikipedia pages.

Niklas Myhr, Hani Mahmassani, Monaco Digital Advisory Council

However, once we got together, I could quickly relax as the atmosphere was very warm and collegial and we quickly got to know each other. At least, now they all know how to find Chapman University and some of them would even be able to pinpoint my hometown of Piteå in northern Sweden. 

Our hosts also contributed to the creative process with a genuine curiosity about what we had to say and with their warm hospitality. To say that the Principality of Monaco took good care of us during our stay would be a gross understatement.

Monaco Digital Advisory Council Lunch at Residence outside
The Monaco Digital Advisory Council with the Minister of Finance and the Minister of State

Myself, I was invited to join the Monaco Digital Advisory Council to share my perspectives on digital transformation and digital leadership building on my focus on social media networks and digital communications. The communications challenge that Monaco faces is how can use social and digital channels both to gain the support from its citizens and to impact how Monaco is being perceived by the outside world.

Monaco Digital Advisory Council at work w Frederic Genta, Gunhild Stordalen, Niklas Myhr
Parts of the Monaco Digital Advisory Council hard at work led by Monaco's CDO Frédéric Genta. Here also with Gunhild Stordalen of EAT and moderator Loïc Plantevin of Bain & Company.

Social Media and Personal Branding for Professionals

I have long advocated for the value of showing up regularly on multiple social platforms to network with and help people. If you keep at it, you are simply more likely to be experiencing so-called serendipitous opportunities, that is, good news that come to you rather than the other way around.

Lunch for the Monaco Digital Advisory Council and its Chairman HSH Prince Albert II at the residence of the Minister of State Monsieur Serge Telle

At least, this form of “Inbound Marketing” worked in the case of the Principality in its search for a social media professor to invite. Apparently, I  popped up everywhere and, more importantly, they liked what they saw. So instead of getting a social media professor, they decided to get The Social Media Professor!

I recently elaborated on what you can do to build up your personal brand and online platform so that you too can experience some more serendipity in your life. These strategies and tactics can be found in the chapter I contributed to the great social media book by my friend Mitch Jackson.

Monaco's Digital Future

At the end of our gathering, the Monaco Digital Advisory Council reported its findings in terms of key success factors and ideas for a 10-year vision of what is to become of the Principality. Now it is up to the Chief Digital Officer Frédéric Genta to determine what ideas they would like to implement first.

The Monaco Digital Advisory Council will stay connected with Mr. Genta virtually during the year and then reconvene in Monaco again at the end of 2019. Several colleagues at Chapman University have already offered to join me should their presence be desired!

Regardless, I know that I will be on lookout for good examples and strategies for digital transformation that may be applicable in the case of Monaco. I also feel that my experiences from arranging the annual Chapman University MBA travel course Business in Scandinavia helps prepare me for many of the areas Monaco considers.

For example, issues covered during our two weeks of travel through Scandinavia include digital leadership, digital communications in the public sector, clean technology, 5G telecommunications networks, e-health, self-driving and electric vehicles, flat organizations, e-government, and online education. 

Any input or ideas that you may have in terms of smart technologies or solutions that you think may be valuable in the digital transformation of Monaco, please let me know!

Filed Under: Social Media, Chapman University, Featured, Monaco, Social Leadership

The Ultimate Guide to Social Media by Mitch Jackson, a book review

December 14, 2018 by Niklas Myhr Leave a Comment

Mitch Jackson, social media book, Chapman University, Niklas Myhr, The Social Media Professor

The brilliance of Mitch Jackson‘s approach to social media is that he somehow manages to be consistently omnipresent across a number of different channels and the fact that he is doing so while still preserving the human empathetic touch that characterizes his core value of simply being a good person. As he emphasized in a guest lecture in my Digital Marketing class at Chapman University:

You can get the chapter I contributed to the Ultimate Guide to Social Media for free at tsmp.me/chapter

Platforms come and go. Relationships can last a lifetime!

– Mitch Jackson

Mitch Jackson, guest speaker, Chapman University

By practicing what he preaches, Mitch has put into action what many of us others are merely reading, thinking or talking about. The result has been that Mitch Jackson over time has grown and nurtured an impressive network of thought leaders and industry executives. Evidence of this can be seen in the form of this book.

Imagine that Mitch has developed a close-enough relationship with 47 different people who all jumped at the opportunity to contribute to the collaborative process of writing this book (in full disclosure, I am honored to be one of them!). One notable thought leader, David Meerman Scott has been so enamored by Mitch Jackson so he not only wrote the foreword of this book, he also incorporates the example of Mitch Jackson as a “newsjacking master” such as at the big National Speakers Association Influence conference where I filmed this segment from David's keynote presentation.

After now having spent 24 hours with my fresh copy of the book, it is clear that Mitch has put a lot of thought into his role as a curator to recruit contributors with expertise in many different areas related to social media strategies and tactics. Mitch has also, it should be noted, himself penned a number of the chapters sharing from his own impressive experiences of what social media can do and how it gets done throughout the book.

All killer, no filler

Part 1: The Social Media Mindset

In the first part, Mitch Jackson, sets the stage for the book by dedicating it to the mindset required for social media success. Absent this right mindset, the technical and platform-specific advice and communications tips covered later in the book won't anyone much good.

Mitch Jackson Social Media Book Word Cloud

Bob Burg stresses how the “Go-Giver” approach of proactive generosity works supremely well also on social media, whereas Kim Garst is talking more specifically about how to become an influencer. In short, it takes authenticity, commitment and hard work in terms of being helpful and responsive for you to achieve the ultimate objective of building an audience that trusts you.

On the related theme of establishing relationships built upon respect and social engagement, Bryan Kramer points to the importance of showcasing your personality such as by writing like you are speaking. You have an opportunity to stand out not by being overly serious in business relationship but by simply being more human and Bryan is also the one who coined the phrase H2H or human-to-human.

Mitch Jackson, guest speaker, Niklas Myhr, Chapman University
Mitch Jackson after guest lecture at Chapman University

Shama Hyder goes into the important aspect of how to work with an agency if a business would go that route. It may be tempting for those not so familiar with social media communications to outsource it all to an external agency and get rid of the “problem.” Still, for such a relationship to be successful, it is critical that the agency in question truly knows the brand they represent in order for the agency to best serve their clients and Shama outlines issues that clarifies how this could be done.

You can get the chapter I contributed to the Ultimate Guide to Social Media for free at tsmp.me/chapter

In my own chapter in the mindset section, I focus on the global implications of social media, both in terms of its challenges but primarily how it can greatly expand your opportunities. For example, by developing a social media presence, in my case as The Social Media Professor, you also have to be ready for serendipitous opportunities from abroad that may present themselves at your virtual doorsteps when you least expect it such as when I recently had the great honor of receiving an invitation by HSH Prince Albert II to serve on the Monaco Digital Advisory Council!

Monaco Digital Advisory Council, Niklas Myhr, Prince Albert II
The Monaco Digital Advisory Council at the Hermitage Hotel, Monte Carlo

Part 2: How to Use the Social Media Platforms

In the next section, Mitch Jackson organizes a terrific set of chapters covering a number of different platforms that we now have at our disposal. Chris Brogan helps get you going with your blog, a medium that is not going away. However, the problem for most bloggers is that they run out of ideas on what to blog about. In this regard, Chris does a great job by sharing many simple techniques on how you can come up with fresh topic ideas that also would be valuable to your audience.

In spite of recent difficulties at Facebook, it is understandable that Mitch allocated more than one chapter to the platform given its still very dominant size and high share of the online advertising market. In separate chapters Stephanie Liu and Azriel Ratz both go into Facebook and Facebook advertising and gets you up to speed in terms of effective Facebook strategies such as the effective use of Facebook Live streaming or how you can cater to consumers' varying needs at different stages of their customer journey with a number of tips and tricks.

Mitch Jackson, social media book, Chapman University, Niklas Myhr
Click image to get this book already!

Sue B Zimmerman covers Instagram strategies that work including the more recent developments with stories and IGTV (or Instagram TV) so that you can actually be noticed in that increasingly crowded platform of Instagram. Roberto Blake tells his secrets that keeps up his incessant productivity on YouTube where he shares valuable content on a consistent basis across a number of topic categories.

Mitch Jackson, guest speaker, Niklas Myhr, Chapman University

Nicole Abboud lists what you need in order to get started with your podcast. The steps involved and the strategic decisions you need to make. She knows what she is talking about I can tell as she has been a guest speaker in my Chapman University class. Nancy Myrland caught the hot topic of voice marketing through smart speakers, etc, and she goes through how to set up your flash briefings on Amazon Echo and other tips. I may take her up on that! She also covers why voice marketing is becoming increasingly important for marketers to consider as as more and more conversations are moving in that direction.

Mike Allton, a brand ambassador for AgoraPulse, goes into not just that (terrific) tool, but also other resources that you can use to manage your social media presence and to analyze the outcomes of what you do. By using the right tools, you can have clearer view of what kinds of online activities are worthwhile for you.

Part 3: Social Media Communication and Success Tips

After having covered the mindset required and platform-specific discussions in the first two parts, the third and final part of Mitch Jackson's social media book goes into social media strategies, success tips, and tactics that apply across various platforms. Regardless of your choice of platform, at the end of the day, the influence you develop over time stems from the content that you create and share with the world. This is what Mark W. Schaefer talks about in his chapter and he teaches you how to create smart, original, and relevant content for your audience that makes you stand out vs. your competition. Mark also asks you to be patient and not expect overnight results but once you commit to a consistent presence online, the rewards can be plentiful as it would help you become known, the title of his book on building a platform of influence online.

Courtney Smith Kramer shares some intriguing perspectives on how you can become more creative in what you share on social media by likening the content creation process with sex. I will not give away too much other than saying that Courtney suggests that you should not think of content creation as a chore but rather than as something that you look forward to, ideally in the company of others, and hopefully, her ideas will help you get out of your content constipation mode.

Mitch Jackson, guest speaker, Chapman University

In another chapter, Jon Ferrara shares his views on how you can build a personal brand and further grow your professional network. He talks about the starting point of being helpful to others but also how you can foster more genuine relationships and leverage social media tools to listen and ultimately cultivate a community of people who are influential to their respective audiences.

Many people hold back on social media because they fear that people will complain about you. That could indeed happen but in comes Jay Baer to the rescue! Jay goes through how you can effectively manage complaints on social media all the way from how you can identify the issues, demonstrate empathy, and show up as being responsive without getting stuck in a rabbit hole.

Given that a consistent presence on social media calls for a never-ending need for fresh content, two chapters go into how you can create your content in collaboration with others. Nick Rishwain, JD opens your eyes into opportunities to co-create content with both customers and colleagues. Nick argues that the benefits go beyond simply saving time and resources to create the content in question as the collaborative efforts also are likely to strengthen the relationships and to inspire more engagement such as in the form of sharing of said content. This book is an example of this approach as Mitch by inviting me to contribute a chapter to this book also motivated me to write and share this very review that you are reading.

On the same theme of co-creation, Tyler Anderson covers the what, why, and how of user-generated content. Simply put, brands can go out and seek ways to encourage people to create content around your themes or you can monitor what people are posting and ask for permission to use it in your own marketing where you can let the user get the credit they deserve. One benefit of user-generated content is that it is trusted more by consumers by being produced by “regular” people as it comes across as more authentic as compared to communications by brands.

Swedish Smörgåsbord of Social Media Goodies

These were merely some of the many chapters included in The Ultimate Guide to Social Media. There were also a number of other authors who have contributed chapters that I haven't had time to look at yet. Thank you again, Mitch for the privilege of playing a role in this project and for assembling such a delicious Swedish smörgåsbord of social media goodies just in time for the holidays!

You can get the chapter I contributed to the Ultimate Guide to Social Media for free at tsmp.me/chapter

Filed Under: Social Media, Digital Marketing Tagged With: "Chapman University", book review, mitch jackson, social media

The Convenience Revolution by Shep Hyken, a Video Book Review

October 12, 2018 by Niklas Myhr Leave a Comment

In a time when products are increasingly similar, it is more difficult to stand out. As a long-time expert in how excellent customer service provides a frontier along which you can still differentiate yourself from competition, Shep Hyken, who was kind enough to provide me with a review copy, is uniquely positioned to capture what it takes to do so even in a time when the stakes are raised by Amazon.com and others and his new book The Convenience Revolution draws inspiration not just from Amazon.com but also from many other companies big and small. Highly recommended!

Shep talks about how you can center your efforts to provide excellent customer service by focusing on making everything more convenient. He goes through six principles of how you can do so while using a number of examples. Of course, he is including Amazon.com which excels in all six principles but also using a number of different case studies that highlights how these six principles also applies to you even as a personal brand. The book also includes international examples and my native Sweden is represented both by IKEA in terms of providing self-service options and Spotify with convenient subscription services.

The six principles of the convenience revolution are:

  • Reduce friction
  • Provide self-service options
  • Technology that you should use to your advantage
  • Subscription options that are offered when applicable
  • Delivery that can be offered faster and more convenient than others
  • Accessibility by being available when and where the customer finds it convenient.

You may not have to do all six like Amazon.com but you can also cherry-pick and find your way to stand out. For this purpose, The Convenience Revolution by Shep Hyken would provide a great inspiration source.

Filed Under: Customer Service, Marketing

6 Ways Professional Speakers Can Help Meeting Professionals

March 11, 2018 by Niklas Myhr Leave a Comment

Deborah Gardner, Niklas Myhr, NSAGLACEnjoyed a very enlightening talk by Deborah Gardner CMP (Certified Meeting Professional) at the monthly meeting of NSAGLAC (National Speakers Association, Greater Los Angeles Chapter). Deborah Gardner has a rich background to draw upon including qualifying for the 1980 Moscow Olympics that the US boycotted and serving as a Marine. At this meeting, however, Deborah built upon her 27 years of experience as a meeting professional and she generously shared many value nuggets in her presentation. Here follows merely a small sample in the form of six ways a professional speaker can better accommodate the needs of meeting professionals:
  1. Respect the complexity of a Meeting Professional, speaker selection and management is merely one small piece in a much bigger puzzle. They are heavily involved in the strategic aspects of meetings and manage logistics, food and beverages, hotels, sponsors, etc. Hence, call them “meeting professionals” and not merely “meeting planners” as the latter doesn’t quite capture the depth of their profession.
  2. NSAGLAC, NSA, speakers, #nsaglacMarket the event on various social media platforms and produce videos sharing your enthusiasm for meeting the audience. Also ask the meeting professional about various ways in which you can help promote the meeting as they may have desired format, timeline, hashtags, etc.
  3. Communicate in a responsive manner as meeting professionals experience very high stress levels. Answer their calls and emails in a responsive manner and let them know when you arrive, etc. Avoid big surprises on stage that you have not cleared with them beforehand. She brought up an example of a speaker who changed the topic based on the news he saw in the hotel room the night before the event which meant that his talk didn’t match the conference agenda. The meeting professional was not pleased.
  4. Deborah Gardner at NSAGLAC 2Customize your talk to the industry as industry-related topics increasingly are in focus. Therefore, you may want to consider speaking more to industries in which you have more direct experience. Also, keep in mind that many people in the audience go to 5-6 events a year these days so the chances are higher that they have seen you before which means that you increasingly have to create a new presentation every time.
  5. Engage the audience. Meeting professionals want “participants,” not merely “attendees” so find different ways to get the audience involved as this will increase the likelihood that the audience achieve the goal of true professional development. You don't want people to just passively sit back and watch your keynote. You can use exercises, props or social media during the presentation to get interaction going with the participants. However, don’t overdo the complexity in terms of technology as this could stress out the audience if they don’t understand what they are supposed to do.
  6. Develop relationships with meeting professionals to better understand their changing needs, so now I am pleased to get to know Deborah ? This was merely a sampling of what Deborah shared with our chapter and for more knowledge about meeting professionals and what speakers need to know, look no further than to Deborah Garder!

 

 

 

 

Filed Under: Marketing, Speaking

Facebook Marketing in 2018

March 1, 2018 by Niklas Myhr Leave a Comment

Michael Stelzner, SMMW18 keynoteMichael Stelzner, CEO and Founder of Social Media Examiner, kicked off Social Media Marketing World 2018 with a bang in the form of a keynote in which he began by instilling fear amongst the thousands of marketers in attendance. Simply put, marketers cannot go on as usual expecting to have meaningful reach and engagement unless they adapt to a new way of marketing, especially on Facebook. The good news was that Mike also offered hope by offering some strategies for marketers going forward.

Facebook Prioritizing Meaningful Interactions

On January 11, 2018, Digiday published an article on Facebook using a graphic showing Mark Zuckerberg in a nuclear cloud indicating that something major was about to happen. Also, Michael Stelzner highlighted many of the recent announcements by Mark Zuckerberg and other Facebook executives in which they are very clearly stating that they are indeed very serious about making some major changes to the algorithm which is determining what posts show up in people's newsfeeds.

One way in which Facebook is planning to change is that they plan to prioritize what they refer to as “meaningful interactions.” This could include things such as commenting on or liking another person’s photo or status update, a person reacting to a post from a publisher that a friend has shared, multiple people replying to each others' comments on a video that they watched or an article that they read in the newsfeed, or a person sharing a link over Facebook Messenger.

Furthermore, Michael Stelzner brought up a recent interview with Facebook's head of the newsfeed Adam Mosseri who states that we can expect to see more posts that generate longer comments and since they would like to generate meaningful interactions, they will show less video in the newsfeed since that often becomes a one-way interaction unless it is live when people can comment and discuss with the person broadcasting. March Zuckerberg added in a January 31, 2018 update on Facebook that they are going to show fewer viral videos to make sure people's time is well spent and that this means that they will reduced videos shared by a full 50 million hours!

Also, you can expect less traffic to brands' Facebook Pages and the links you post to external pages will get even less visibility than they already get. Your organic posts on your Facebook Pages are already at a very low level but this can also be expected to go down further so it becomes almost pointless for a brand to post updates on their Facebook Pages unless they boost their posts with advertising dollars.

Supposedly, the updates of the algorithm will apply to all post types, from both Facebook Pages and the Facebook profiles of individuals. That is, the algorithm doesn’t care if you are a page or a profile.

Social Media Marketers Need to Focus on Smaller Audiences

Michael Stelzner, SMMW18 keynoteA full 67% of the social media marketers that they recently surveyed stated that Facebook was their most important social network following by LinkedIn at 12%, Instagram at 10%, Twitter with 5%, and YouTube at 4%. This didn't concern Mike nearly as much as the fact that a full 63% of marketers indicated that they plan on increasing organic posts on Facebook. He bluntly stated that something has got to change for marketers as well given all the clearly stated announcements by Facebook mentioned above.

So, what are marketers to do? Is this really the end of the organic road and do we all have to pay for every engagement going forward? Clearly, Michael Stelzner brought up, the demand for Facebook ads WILL increase and moreover, the more relevant ads will get preferential treatment in terms of visibility.

One path forward that he emphasized was that even without paying for boosting posts, etc, marketers can still achieve success by focusing on smaller, but more relevant and engaged audiences and that these can be more valuable than a larger, yet less engaged one.

Episodic Storytelling

If storytelling was a big theme at last year's Social Media Marketing World, Michael Stelzner this year pointed out the potential for what he referred to as “episodic storytelling.” While you may not get a huge audience that wants to follow you over a series of updates, Michael shared that his own experience with sharing updates with his live video series The Journey has generated extremely positive feedback from a very excited tribe of followers.

Regardless, the advantage of episodic storytelling is that you can establish the know, like, and trust that marketers always have strived for. Also, if you do choose to advertise, Facebook enables more and more powerful ways to engage with your tribe of followers such as by being able to advertise just to those who already watched your videos to increase repeat viewership and that repeat viewership is a factor that Facebook has stated that they keep track of.

Facebook Watch to the Rescue

If a big opportunity for marketers still focusing on Facebook is to work with episodic storytelling, then they should look into the new platform for shows called Facebook Watch. Mark Zuckerberg wrote on January 31, 2018 that:

“Over the next three years, we know video will continue to grow, so our job is to build video experiences that help people connect with friends, family , and groups”

Facebook Watch is a platform for shows and where you can start building your community of passionate fans and be rewarded for the work you do. This might be complicated and take a lot of work to produce a series of videos, Michael Stelzner stated, but that is exactly why this may represent a great opportunity for you, since most of your competitors are likely not going to do anything about it!

Live Video

Also, video on the go in the live format often lead to discussions amongst viewers, in fact, live videos on average get six time more interaction and given what Facebook says about rewarding interaction, this could not be a bad thing.

Go live during killer events such as Social Media Marketing World, Michael Stelzner hinted or create a weekly show in which you share tips and tricks, talk strategy, or provide a news show in your field of interest. He himself is offering a weekly live news show every Friday morning.

Go Beyond Facebook

As marketers start creating more and longer videos (or video series), a full 77% of their survey respondents indicated that they plan on increasing their use of video in the next 12 months, Michael Stelzner also suggested that they think more beyond Facebook as well. Marketers should leverage other platforms such as YouTube, etc, for further reach and engagement with their video work so it doesn't go to waste. On the same theme, but not just related to video marketing, Michael Stelzner said more should go back and revisit LinkedIn that he thinks is doing a lot of cool things now and that it is especially relevant for those with a business audience. Plus, don’t write off Twitter just yet!

Facebook Stories

He also brought up the potential for Facebook Stories as an alternative to creating content for the Facebook newsfeed. Mark Zuckerberg also stated that “we expect Stories are on track to overtake posts in feeds as the most common way people share across all social apps.” Zuckerberg also bragged about Facebook owning the two biggest platforms for the sharing of Stories, Facebook and Instagram not even mentioning that it was Snapchat that invented the format.

Facebook Messenger

Another opportunity would be to create more meaningful interactions using Facebook Messenger. There are 1.3 billion people on Messenger and some of them are not even using Facebook. Some brands are developing their Messenger Bots that will interact in increasingly personalized and human ways with your audience and this is still at the early stages as only 15% of marketers report that they are currently using Messenger bots.

Chatbots basically is software that has conversations with people. Ideally, it should allow for and be able to respond to natural language queries but sometimes it can be simplified with a multiple choice type of interface. Still, the Chatbot advantage is that it can quickly answer questions right at the point-of-sale and speed support response times.

Video by Influencers

If you don't find the motivation or resources to develop your own video series, Michael Stelzner suggests that you consider hiring a social influencer that can do so on your behalf. In return, you can accelerate the growth of an engaged audience and gain access to a professional who can generate meaningful interaction in the form of dialogues.

Be Human

One common theme across Michael Stelzner's excellent keynote was that we should go back to the basics of being more human and develop long-term relationships in an authentic manner. Perhaps that sounds cliché to many but those things likely never will go out of fashion and by implementing some of the tips Michael shared, I think marketers will be more successful building their communities of passionate followers and hopefully customers.

 

Filed Under: Marketing, Social Media Tagged With: #smmw18

Featured on CBS LA TV

February 6, 2018 by Niklas Myhr Leave a Comment

The story by Stacey Butler of CBS LA was about a statement that PepsiCo's CEO Indra Nooyi made on a podcast. During this interview, she speculated about targeting women with a special kind of Doritos. She suggested that women don't like the crunchy noise you make while eating traditional chips and also that they also are less likely than men to lick the resulting mess off their fingers when the bag of chips is consumed.

The Statement on Doritos for Women by PepsiCo CEO

Here is a direct quote by PepsiCo CEO Indra Nooyi on the Freakonomics podcast with Stephen Dubner:

 “When you eat out of a flex bag — one of our single-serve bags — especially as you watch a lot of the young guys eat the chips, they love their Doritos, and they lick their fingers with great glee, and when they reach the bottom of the bag they pour the little broken pieces into their mouth, because they don’t want to lose that taste of the flavor, and the broken chips in the bottom. Women would love to do the same, but they don’t. They don’t like to crunch too loudly in public. And they don’t lick their fingers generously and they don’t like to pour the little broken pieces and the flavor into their mouth.”

Social Media Rejects Lady-Friendly Doritos

CBS LA TV, Niklas Myhr, Stacey Butler, Lady Doritos 1The idea of Doritos offering a special “Lady Doritos” version did not go over very well on social media. At all. Perhaps the social media backlash can be explained with the timing of this statement as it came out in the midst of all the focus on the #metoo movement. Even the slightest hint that you are not respecting women could be upsetting enough for reactions to occur even if they had not even advertised a new product in the making. Here are some sample tweets reacting to the news:

Yes, because all of my personal development work has been around being quieter and less messy. Ugh. (Dear #Doritos …possible fail…) All I can say is, they better package them in a smaller pink bag, and charge at least 15% more.#LadyChips ???https://t.co/Sd1m1m4EIN

— Deanna Burgart (@DeannaBurgart) February 5, 2018

Doritos Bites Back

After the social media backlash, PepsiCo issued a statement that the reports of a “Lady Burrito” was inaccurate and dismissed the whole incident with a marketing pitch :

“We already have Doritos for women–they're called Doritos, and they're enjoyed by millions of people every day. At the same time, we know needs and preferences continue to evolve and we're always looking for new ways to engage and delight our consumers.”

While it is true that reactions on social media often are based on unfounded rumors, in this case, it is worth to point out that the “rumors” stemmed from a direct quote by their CEO. Therefore, I think it is too easy to simply dismiss all the reactions on social media as misdirected or unwarranted.

Podcasting and the Lady Doritos Story

CBS LA TV, Niklas Myhr, Stacey Butler, Lady Doritos 2One thing that strikes me with this story is that perhaps this is another coming-of-age moment for the podcast medium. While more and more people listen to podcasts, it is possible that celebrities and executives being interviewed on a podcast are not yet fully recognizing that everything they say on this medium can be used against them and sometimes quoted out of context. At the same time, I am hoping that a greater awareness of the power of podcasting will not mean that the great conversations that I personally enjoy listening to on various podcasts will not become overly formal and cautious. Podcasting as a medium allows for longer and more nuanced discussions than short sound bites in other places and that in fact is why I am working on the launch of my own podcast, will you listen in?

Filed Under: Social Media

The Fire Funnel Process by John Lee Dumas at Youpreneur Summit

November 11, 2017 by Niklas Myhr 8 Comments

Youpreneur summit, John Lee Dumas, EOFireThe opening keynote speaker at the inaugural Youpreneur Summit John Lee Dumas, founder of the popular Entrepreneur on Fire Podcast, shared his Fire Funnel process for digital entrepreneurs. John started out by suggesting that you start with a “Funnel Up Process” to understand who you are going to serve before you design your sales of your “Funnel Down Funnel”.

 

The Funnel Up process

  1. Youpreneur summit, John Lee Dumas, EOFireThe Idea. What is your big idea that you want to build upon.
  2. The Niche. Get that initial momentum is key, not easy, but once you get it, you can get things going. Then you can expand your scope. Rather than being Mr or Mrs Social Media of London, you'd be better off helping female dentists in Soho get one new client via Facebook Ads.
  3. The Avatar. Who is that perfect customer, the listener to your podcast, the reader of your blog. Get to know that person in and out and try to identify their struggles.
  4. The Medium of Choice. Blogging, podcasting, video, etc. Which one should you focus on?
  5. The Content Creation. You need a system to setup to make sure you have a process to create great content on a regular basis.
  6. The Repurpose. Once you have a good platform you can find content that can be used on other platforms as well. John uses Repurpose.io to get his podcast episodes elsewhere.
  7. The Growth. How can you help others discover you.
  8. The Audience Engagement. He gets millions of listens of his podcast each month which is absolutely absurd to him but he doesn't want to forget about doing things that don't scale. Don't be scared of having a one-on-one conversation. Yes, they can be time-consuming but that is where the gold is. You can learn about what works and doesn't and develop relationships.
  9. The Solution. How can you help solve their problem and serve them. If you keep this in mind from the start, you will focus on generating the right leads and nurture them from the start.

The Funnel Down Process

Youpreneur summit, John Lee Dumas, EOFireOnce you have gone through the Funnel Up process, you better know how you can help your audience and then you can design your Funnel Down Process to serve them.

  • Your lead generation. Now you know who to target.
  • Your Call to Action. Have a specific thing you want them to do.
  • Your Audience's Email Exchange.
  • Your Solution Delivery.
  • Your Audience Consumes.
  • Your Next CTA.
  • Live Training. Here John Lee Dumas emphasized the power of live webinars which is where he has made millions.
  • Live Q&A. Perhaps there is just one remaining obstacle remaining for someone to buy and if you make yourself available live, you can have it resolved right then and there.
  • Offer. Provide an offer that is supremely valuable for your audience.
  • Monetize.

The Fire Funnel by EO Fire

Youpreneur summit, John Lee Dumas, EOFireFinally, John Lee Dumas shared how he built an empire around daily podcasts with interviews of entrepreneurs. Check out Entrepreneurs on Fire or EO Fire and enjoy the show! John's final perspective he shared that sums up much of his perspective was a quote by Albert Einstein: “Try not to become a man of success. Rather become a man of value.”

Youpreneur summit, John Lee Dumas, EOFire

Youpreneur summit, John Lee Dumas, EOFire

Filed Under: Content Marketing, Digital Marketing, Entrepreneurship, Marketing, Personal Branding

Keynote Speaker at Public Sector Digital Transformation Conference

October 13, 2017 by Niklas Myhr Leave a Comment

Anna Bellman Niklas Myhr
Stage Selfie with Anna Bellman, Master of Ceremony

Got the opportunity to serve as a keynote speaker in front of an enthusiastic crowd of 700 public sector executives at a major digital transformation conference (eFörvaltningsdagarna & Publikom) at Stockholm International Fairs (Stockholmsmässan) in Sweden. I shared my perspectives on digital transformation with a specific focus on social media and digital communication strategies.

Niklas Myhr, the social media professor, #efdagarna, #publikomWhile I respect that many public sector executives are unlikely to jump all over the latest social media platforms and tactics, I was impressed by the curiosity shown both during my talk and in many subsequent discussions with attendees. Many of them also agreed with me that many of the same principles that apply to businesses also are relevant in the public sector such as the value of being faster than ever before with your communications such as in the following situations.

Social Media for Crisis Management

Niklas Myhr, #EFDagarna, #Publikom, Keynote speaker, digital transformation
Photo by Rikard Hällberg, Företags TV

A few years back, I worked with Orange County Government and their social media activities. One thing I remember one of their executives mention is that they strived to build a following on social media so that they would have established alternative modes of communications with the public before the big earthquake hits. That is, if you wait until a crisis situation to occur before you engage on social media, you may not have anyone finding your messages.

I also showcased the impressive efforts by various fire departments and other first responders in Orange County during the Canyon Fire 2 brushfire. Anaheim Fire & Rescue, for example, demonstrated their ability to use Twitter for continuous sharing of real-time updates with the latest news on mandatory evacuations, emergency shelters, where to bring your horses and other animals, as well as the status of their efforts to contain the fire itself.

Newsjacking and Fake News

Niklas Myhr, #EFDagarna, #Publikom, Keynote speaker, digital transformation
Photo by Rikard Hällberg, Företags TV

Another reason why public sector executives may benefit from getting their updates out on various social networks in an expedient manner is that if they are not doing that, they will be more exposed to the threat by various fake news campaigns. For example, during the Las Vegas massacre, it didn't take long before fake news began appearing claiming that the event never actually occurred but was merely a conspiracy to force tougher laws on gun control. Therefore, it could be more important than before for public sector officials to get quickly get an official version of an emerging story out there to at least provide some counterbalance to various sources of fake news.

Focus on Customer Experience

Niklas Myhr, the social media professor, #efdagarna, #publikom
Photo by Patrik Koc Strömberg

Outside of crisis situations, more and more public sector executives are beginning to consider their citizenship as customers and are following the lead of the business world in trying to provide as much of a seamless customer experience as possible in dealing with various government institutions. I shared how I expect that my upcoming book The Social Customer Journey would be important in this regard. For example, the public sector would serve their citizens better by providing more options than before in terms of how you communicate with a government office. Also, that the institution is able to better serve what is needed, when it is needed, and not too much redundant information that isn't needed for the transaction in question.

Audience Interaction

One of the best parts of speaking at events is chatting with people afterwards to learn about their challenges and this conference was no exception. Se below for some people I met even including a nice testimonial by a happy attendee Lars-Erik Andersson, IT Director of Knivsta & Heby Municipalities:

https://thesocialmediaprofessor.com/wp-content/uploads/2017/10/Lars-Erik-Andersson-IT-chef-Knivsta-Heby-Kommuner-Testimonial.m4v

Photo credits: Thanks for some of the pics by Patrik Koc Strömberg, Christina Nordström, and by Rikard Hällberg (Företags TV).

Isabella Ljungdahl och Niklas Myhr
With Isabella Ljungdahl of Hexanova Events

Niklas Myhr Helena Renström
Helena Renström from the City of Skellefteå

Met Janne Vikberg of Piteå

With Sune Lindström and Ola Lidström from City of Piteå

Niklas Myhr Anna Kelly Eva Sartorius
With Anna Kelly & Eva Sartorius

Pia Lidberg, winner of selfie light

 

Filed Under: Digital Marketing, Featured2, Social Media, Speaking

Swedish Tech Musketeer to Build Mega Battery Factory

May 17, 2017 by Niklas Myhr 1 Comment

Peter Carlsson, Helena Kristersson, Ingela Carlsson & Niklas Myhr
Peter Carlsson, Helena Kristersson, Ingela Carlsson & Niklas Myhr

[Update: On June 12, 2019, Northvolt announced that they have raised the capital required to build “Europe's first homegrown gigafactories for lithium-ion batteries”!]

In the midst of final exam week, I enjoyed a brief visit to Silicon Valley to learn more about the exciting tech startup Northvolt from its CEO, Peter Carlsson, the proud dad of Chapman University student Amanda. The event was hosted by the Swedish-American Chamber of Commerce Silicon Valley/San Francisco and by Silicon Vikings in a beautiful office space generously shared by global supply chain specialists Elementum.

Peter Carlsson CEO NorthvoltPeter Carlsson, with a past as the Chief Purchasing Officer at Tesla where he spent four years reporting directly to Elon Musk, shared the plans of Northvolt to build a mega-sized, lithium-ion battery factory to be located either in Sweden or Finland. He explained how such a factory would play an important role in our world's much-needed transformation from a reliance on fossil fuels to one in which we can live on and efficiently preserve green and renewable energy.

Electrification of society

Peter admitted that it may still be a couple of decades before we regularly commute 500 km via an electrically-powered, self-flying aircraft ordered via an Uber-like interface but technically, that would be quite doable already today, he argued! Complying with regulations, however, would be another matter that could take a long time to resolve.

ElectrificationOne bright spot in the transformation to green energy sources is the mining industry in which companies are willing to pay two or three times the regular price to buy an electric excavator. What many people don't realize is that mining companies actually spend enormous amounts of resources transporting exhaust fumes out of the mines in order to create a safe working environment. By using electric excavators instead, they could simply focus on transporting whatever treasures that they are digging for instead.

A Vertically Integrated Supply Chain for Battery Production

Whereas many companies are outsourcing many of the things that they previously used to do themselves in order to focus on their core competencies, Northvolt is choosing a different direction. In their aim to build the largest European mega battery factory, they also want to secure the access to as many of the necessary raw materials as possible either with direct ownership or at least via strong European supplier partnerships. Peter Carlsson emphasized the benefits of operating in Europe and in Scandinavia in particular thanks to its relative political stability compared to many other places where mining is done.

The Location of the Battery Plant

Battery Factory LocationIn collaboration with Business Sweden, Northvolt is currently undergoing an extensive screening process in order to identify where the best location of its factory should be. They had hoped to have a list of twenty cities to consider. They got forty! Even now, Peter shared, new cities and even new countries are approaching him to try to be added to their consideration set. However, Northvolt recently declared that they had narrowed the number of possible locations to a short list of eight Swedish cities and two Finnish ones, all of which fulfilled a number of criteria.

In selecting the winner, factors they weigh include the access to reliable energy supply, industrial-zoned land availability, logistical concerns, access to a skilled workforce, university collaboration opportunities, and the degree to which the city could attract foreign expert engineers to move to and live in the area long-term with their families. The plan is to move quickly to get down to only two final candidates.

Why build only one mega factory?

SACC-SF-SV event at ElementumGiven that my hometown of Piteå is not on the shortlist, my unsolicited vote that I shared with Peter went to Luleå even if Skellefteå would be a close second. I am confident that either of these two great cities would deliver if they were to be selected and I even proposed to Peter to build two, not “just” one mega factory given that they predict that Europe's demand will be calling for seven such mega factories around year 2025. His response was that he didn't want to risk being accused of suffering from hubris given that the magnitude of this project is large enough as it is proposing the development of one mega factory which will require about 4 billion Euro in investment.

I wish Peter and Northvolt the best of luck and his family a nice transition in their move from Palo Alto to Stockholm. I am also very much looking forward to visiting their Stockholm headquarters this summer with my Chapman University MBA travel course Business in Scandinavia!

SACC-SF-SV team Lucas Eriksson, Tina Bragfeldt, Helena Kristersson, Marcus Oldby & Sofie Birkfeldt
SACC-SF-SV team Lucas Eriksson, Tina Bragfeldt, Helena Kristersson, Marcus Oldby & Sofie Birkfeldt

Enabling the future of Energy

The Northvolt difference

Filed Under: Chapman University, Featured2, Global Marketing, Innovation, Scandinavia, Sustainability, Sweden Tagged With: northvolt, peter carlsson

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