Shiv Singh - Social Media Marketing For Dummies

At the preference stage, the prospective customer leans toward making a purchase. He has considered several products and established his favorites. He likes the product that you’re pushing him toward. By this time, the prospective customer is concerned with confirming that he’s getting good value for his money and that his purchase will be suitable for his needs. At this stage, you may offer free trials and 30-day money-back guarantees. Generally speaking, you hope your prospective customers have developed an emotional attachment to your brand that will push them to purchase your products.

By the time a prospective customer is at the preference stage in the marketing funnel, she has probably evaluated all the competitive alternatives to the product. She has found information about them through product brochures, the product websites, and customer reviews across the web. As she enters the preference stage, she’s likely to talk to her friends some more and get their opinions. This may have less to do with whether one product is better than another from a feature standpoint, but the customer can get a feel for your brand as well. The prospective customer also views user-generated content about your brand at this stage.

You must be very careful at this stage. It’s important that you establish a trusted relationship with the prospective customer. The prospective customer needs to feel that he will get good customer service after he makes the purchase. He wants to believe that his decision will be a good one over the long term, too. You can build that trust and allay those concerns by talking to the prospective customer in an authentic, personal, and genuine fashion.

This is when your product blogs play an important role. It reminds your prospective customers that actual people are behind your product or brand. Make sure to spend time answering questions, resolving product issues, and discussing how the product is evolving.

Consider these SMM tactics at this stage:

A blog, or several blogs, that discuss the product: Granted, blogs are valuable at the awareness and consideration phase as well, but they matter the most at the point of preference. Customers want to hear from you at this stage more than ever and it’s important to frame the benefits of your product in ways that your customers will appreciate them the most.

Podcasts with interviews and product explanations: As a supplement to blogs, podcasts are an appealing way to explain the product to prospective customers in an engaging fashion when you’re not in the room with them. Running your own podcasts, appearing as a guest on someone else’s podcast, or advertising on a podcast network are all valuable strategies for marketing at the preference phase. To learn all about podcasts, which are audio blogs that are easily distributed online, take a look at Podcasting For Dummies, by Tee Morris (John Wiley & Sons, Inc.).

YouTube clips of product demonstrations: With prospective customers establishing their preference for the brand, video clips demonstrating the product and explaining its benefits are helpful. Publish your videos to a site such as YouTube so that customers can easily find them. Posting on YouTube also gives people the opportunity to comment and rate the product videos.

The action stage is when the prospective customer makes the purchase and becomes an actual customer. He goes through the process of buying the product, whether he does this online, via the phone, or in a store. During the action stage, focus on making the process as smooth, efficient, and hassle free as possible. You should put a lot of effort into making the purchasing experience a positive one because it is one of the first direct interactions that the customer has with your company.

Most marketers argue that at this point in the funnel, you should not play a role. Either the customer was positively influenced enough to make the purchasing decision or he wasn’t. If he’s at the point where he’s taking action, he should be allowed to take that action without any distractions whatsoever because even a positive distraction is still a distraction. However, if the purchase is a high-consideration one, you can make the purchasing process social in a way that doesn’t distract from the purchasing but enhances it instead.

At the point of purchase, the customer wants to know whether he is making a suitable purchasing decision and if his social influencers approve of his decision. Providing him with data points that he can share with those influencers and a means to broadcast the purchasing decision helps him. He can broadcast his purchasing decision and influence his friends to make similar purchasing decisions. And by providing valuable tidbits of information, he’ll have valuable information to share.

The point of purchase also serves as an opportunity to upsell other products and services. This is a traditional marketing tactic that’s been used in both the digital world and in physical stores as well. By highlighting other products that customers just like him purchased, social influence can play a role in encouraging that customer to make additional impulse purchases at the point of sale. For example, say you’re buying a pair of Gap jeans from Gap.com (as shown in Figure 3-4) and as you’re about to check out, you’re told about a nice shirt to buy and that most people who bought the pair of jeans bought the shirt, too. You’re more likely to add the shirt to your shopping cart. That’s using social data to influence a purchasing decision.

FIGURE 3-4:Gap.com recommends a shirt based on what’s in the customer’s shopping cart.

Consider these SMM tactics at this stage:

Highlight related popular products. As depicted with the Gap.com example, showcasing popular products relating to the ones already in the shopping carts often leads to impulse purchases.

Provide tools to broadcast the purchase. This is necessary to allow for the customer to do remarketing for you. The customer should have the tools to easily broadcast his purchase to his various social networks. ( Remarketing refers to someone doing further marketing on your behalf after the person has already been a recipient of your marketing efforts.)

The last stage of the marketing funnel has the fewest people. These are the customers who have purchased your product and are consuming it now. At this stage, it’s most important to encourage customers to spread the word about the product and encourage others to buy it. Loyal customers are often the best marketers for your company. With social media marketing, loyalty plays an even larger role.

You must first focus on making your customers loyal and repeat customers. It’s no use encouraging a customer to talk about your product if she isn’t loyal to or an advocate of the product. You can incentivize your loyal customers to encourage their peers to test the product and make a purchase as well. You can do this using social media marketing tactics.

The best way to encourage loyal customers to influence their peers is to start by encouraging them to talk about the product. Having them rate and review the products is the first step. You’ll be surprised how many customers are happy to rate and review products. What’s more, as they rate and review the products, they’re also happy to broadcast the reviews to their social network. Allow them to do that. Provide the technological means for them to share their own reviews of the product with their friends and family.