One innovative approach to marketing via blogs has been pioneered
by online marketing expert Christian Sarkar (www.christiansarkar.com).
Called "Double Loop Marketing," it is based upon the notion
that in today's blog-rich world, marketing must of necessity be people
and knowledge-driven rather than product driven.
Sarkar's "Double Loop" approach requires a company to first
develop "mind share by building a company sponsored blog or blog-like
community site that offers genuinely-useful information and advice
to consumers" in the subject-matter areas most relevant to their
products. This is the first loop of the firm's interaction with customers.
Only after such a blog achieves credibility among its community of
blog readers can the company, in the second loop of customer interaction,
try to convert that "mind share" into "wallet
share." In other words, first community, then commerce.
This approach can yield surprising results -- often 10 times the number
of qualified sales leads generated by conventional advertising and
marketing approaches, according to Sarkar. He cites the example of
a large database software company that spent $120,000 on a campaign
advertising in various independent blogs and media online outlets
that in the end generated only 250 qualified leads.
After it sponsored a blog-like community site that captured significant
mind share in the community of database software users, engineers
and vendors, a mere $20,000 spent on advertising returned 11,000 qualified
leads.
How would such an approach work in the mass-market world of consumer
products? Sarkar outlines how double loop marketing applies
to Procter & Gamble.
What if P&G wants to launch a new infant car seat to compete against
industry leaders Graco and Evenflo? Let's assume also that P&G's
new car seat is of excellent quality and offers performance or safety
features superior to those from competitors -- just for argument's
sake, let's say that it features a child-safe mini-airbag that inflates
in an accident. In addition to all its traditional advertising and
promotional efforts, how can P&G use blogs to ensure a more successful
product launch?
The first thing P&G should do -- and they should do it 3-6 months
before before the launch date of its new infant seat -- is to map
out the "online ecosystem" of parenting and child-rearing
blogs. P&G marketers should ask:
Without this first critical mapping step, Sarkar finds that most
companies fly blind, and end up building sites to win awards, not
customers.
Armed with a clear picture of the competitive landscape in parenting
and child-related blogs, P&G can then start to build a company-sponsored
community blog of its own that provides genuine thought leadership
and information/advice on the parenting topic most relevant to its
new product's key selling point -- i.e., child safety issues.
Let's call this community blog "KidSafety.com." While the
site may feature an unintrusive ad or sponsorship logo from P&G,
it absolutely must not promote its products in the content of the
site, either directly or indirectly, or the credibility of the site
will be destroyed.
Sarkar warns that most companies dont have the patience to
build brand equity for the site. In their haste to produce results,
they usually embed their commercial messages into the content - poisoning
the water, and destroying the true informational value of the site.
This kind of PR-pollution kills the site instantly.
Instead, "KidSafety.com" will offer the best, most unbiased
and trustworthy information on child safety issues available anywhere.
Although it will be very blog-like in its atmosphere and may even
feature blogs authored by noted child-rearing and safety experts,
"KidSafety.com" will organize its content around topic areas
-- "Child-Proofing Your Home," "Safe Toys for Toddlers,"
"Pool and Backyard Safety" and the like -- rather than in
reverse chronological order of postings, as most blogs do. This is
a shortcoming of current blog design, notes Sarkar.
Blogs today are ego-driven and author-centric, not reader-centric.
If "KidSafety.com" truly offers parents the kind and quality
of useful information parents can't find useful, it will draw attention
from other blogs and from the media, and will attract a community
of hundreds of thousands of loyal readers.
Sarkar insists that only once this has been achieved can P&G
then begin to convert these readers into customers by placing valuable
offers for more information about its new infant car seat -- as well
as downloadable reports
from unbiased experts such as Consumer Reports on the safety
and performance of the seat -- in a discrete sidebar on the community
site.
Once readers become customers, P&G can then cross-sell "Pampers"
or other P&G baby products as well as provide customer service
for these products.
Of course, none of this works if the car seat isn't truly a quality
product. Most companies with inferior products and service, in fact,
will find that the
blogosphere is utterly useless to them -- or worse -- and will would
be well advised to keep trying to hoodwink customers in their usual
manner until
driven out of the marketplace.
So dont even think about stepping into the blogging waters
if you cant
swim, advises Sarkar.