Monday, February 2, 2015

What New Balance Tells Us About Social Media Circa 2015


“For us, it’s less about selling to our communities and more about distributing compelling content that shows you how New Balance is playing a role in peoples’ lives and the culture we are trying to build. Through content, New Balance is accessible. We have a personality, we stand for things and we have a culture.”
−Patrick Cassidy, head of Global Digital Brand Marketing



Although Boston, MA based New Balance (NB) athletic shoe and apparel company was an early-adopter of Myspace back in 2007, the company incrementally adopted additional social media platforms as they found customer target audiences using the new platforms and they succeeded in delivering significant customer value through that platform. Audiences today will find the NB brand present on social platforms like Facebook, Twitter, YouTube, Instagram and Pinterest. Although NB initially used the digital agency Almighty for social media management, social media is now lead by a NB in-house digital marketing team with cross-functional staffing by brand marketing, corporate social responsibility, PR and customer service. (Abramovich)
Beginning last year, NB began a multi-year effort to transform and integrate their global brand website and social media platforms as they sought to refine their strategy toward producing share-worthy content that visitors were moved to share with their friends in organic and authentic ways that inspire excellence. NB believes that their most loyal customers, those who become brand ambassadors, want to be inspired and want to be part of this personal achievement culture. In the past, 90% of its social content was product “buy-now” paid promotion, while it now comprises less than 20% of content call-to-actions. (Content Marketing) Less focused on immediate purchase conversions, Global Digital Brand Marketing head Patrick Cassidy believes that as NB eliminates the formal NB-stylized branded social media content and replaces it with relatable personal storytelling that loyal customers always click-on, want to join-in and celebrate, sales will follow. “Great content - the right content – is a slow burn that is a long-term strategy to build loyalty and consideration,” Cassidy notes. “ (Content Marketing)

Cassidy believes that marketing audiences’ appetite for sharable content will evolve and deepen. While current NB customer contributions to NB’s Pinterest, Facebook, Instagram or Twitter images are of customer shoes or feet in shoes, NB expects to evolve its social media content beyond “mindless slideshows and lists” to incubate more personal stories and organic content, campaigns and collaborations so that people in the NB community create real-time, high-quality, and unexpected content and conversations, especially on NewBalance.com. (Content Marketing) Cassidy, who has a media/print background that featured long-form stories, feels that sharable community-created content stories−those that can be tracked by audience behavior metrics like Favorites, Forward to a Friend, Social Media Sharing and Uploads−will become important again in media tactics driving brand engagement.
Going beyond NB’s person-as-content creator marketing strategy that resolves the “Content vs. Conversation is King” polarity through evolving brand website content to embrace conversational storytelling, comes Dr. Bob Deutsch’s conception of a final digital marketing transformation on the horizon, which he terms “person-as-brand” that recognizes the modern technology world where everyone wants to liked, looked at, followed, and bought-into. Deutsch believes social media marketers must switch from a broadcast strategy of selling the brand’s informative and entertaining story to entering through empathy, the ongoing self-narrative a person embodies already. “Brand attachments are realized from what a person feels, not from what a person knows,” according to Deutsch. (Deutsch)

To form audience attachment, marketers must broach familiarity, so that a person finds the brand relatable and feels relieved that the brand doesn’t require them to deal with something new, as well as appeasement, so that a person believes they are understood and valued so that trust develops. Long-lasting and stable emotional attachments require a marketer to do something very unfamiliar to copywriting: challenge the audience’s narrative about themselves. Paradoxically, the message must challenge the audience member’s self-narrative so that they believe the brand will help them realize something about themselves, which is present but latent. This sense of self-expansion allows their familiar narrative, to be reconfigured. According to Deutsch, “Self-expansion isn’t just a business driver, it’s a life driver.” (Deutsch)

Cassidy’s 2015 New Balance’s content marketing strategy provides three key insights that can be applied by digital marketers of both large and small entities. These include the following:
  • Think of Facebook, now that they have removed organic reach from business Pages in an effort to promote paid ads, and other social media platforms as a funnel to drive audience to your website presence so that you control the information, develop data analysis and retain insights for future campaigns. (Schneider)
  • Build profiles on social networks when you know your target customers use the platform and you have the skills and resources for high-quality platform development. Audiences understand that small entities can’t be on every platform, but will form a negative impression of an entity that builds a platform but lets it lapse from inactivity. (Charman-Anderson) Like NB, start with one social platform with the highest concentration of your target audience that is expected to increase revenues or brand awareness and development new platforms only when it makes business-sense. While digital marketing bloggers are quick to tout the demise of Facebook or hail the emergence of Instagram, don’t be afraid to be a late-adopter of new platforms while exploiting refinement of those channels that are proven winners for your organization. (Price)
  • Stand for something that relates to your brand history and culture. In 1906, NB began business as the New Balance Arch Company selling arch supports to professionals like waitresses and policemen who worked all day on their feet. New Balance retains 25% of its current shoe manufacturing in the US. NB’s “Made in the USA” models, including personal customizing and the annual Walt Disney World models, distinguish the company from competitors Nike and Addis and are featured in NB content and event promotions. (Smith)

 Sources.
Abramovich, Giselle (21 January 2013) The Evolution of New Balance’s Social Strategy. DIGIDAY [Website] Retrieved from http://digiday.com/brands/the-evolution-of-new-balances-social-strategy/

Charman-Anderson, Suw (20 January 2015) Five social media myths debunked. Charman-anderson.com [Blog] Retrieved from http://charman-anderson.com/2015/01/20/five-social-media-myths-debunked/


Deutsch, Dr. Bob (16 December 2014) For Success In Social Media, Conversation Is Not Enough—You Need Narrative. Fast Company [Website] Retrieved from http://www.fastcocreate.com/3039565/for-success-in-social-media-conversation-is-not-enough-you-need-narrative

Price, Michael (21 January 2015) Here's How Social Media Marketing Will Change in 2015. HuffingtonPost.com [Website] Retrieved from http://www.huffingtonpost.com/michaelprice/heres-how-social-media-ma_b_6488116.html

Schneider, Laura (21 January 2015) More Face To Face, Less Face To Facebook - Reclaiming Your Brand In 2015. Hypebot.com [Website] Retrieved from http://www.hypebot.com/hypebot/2015/01/why-newsletters-will-always-trump-facebook-pages-.html

Smith, Geoff (15 January 2015) 3 Tips for Keeping Consumers Loyal and Engaged in 2015. B2B: Business to Community. [Website] Retrieved from http://www.business2community.com/loyalty-marketing/3-tips-keeping-consumers-loyal-engaged-2015-01125253

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