SCHWARTZ CROSSROADS

B2B Social Media for Website Traffic and Lead Generation

eMarketer's got an informative post from Debra Aho Williamson this week, "Why Social Media Makes Sense for B2B Marketers." She presents some info on the different ways that B2B and B2C companies measure the success of social media programs. The top three for both are website traffic, brand awareness and engagement with prospects.

Here's where they diverge: B2Bs are more interested than B2Cs in using social media to generate a high volume of quality leads and, not so surprisingly, they're less likely to evaluate success by looking at a direct increase in revenue. I assume this is because every B2B marketer knows how difficult it normally is to draw a straight line from any single marketing activity to an actual sale.

To help generate those leads that B2Bs want to see, Williamson mentions a product from Optify. One that a number of technology PR clients at Schwartz have been using is from HubSpot. What's particularly interesting to me, as a PR person, is that HubSpot allows us to see which articles in the media (social or professional) drive traffic and, in turn, sales leads to clients' websites. That helps us fine tune technology PR programs over time.

Another current post I found valuable was from Chris Koch, who offered advice on "How to use social media for B2B." He talks about monitoring, engaging and managing. "Wait a minute," I thought when I read his post, "what about measuring?"

I had a hard time not seeing measurement on his list, so read back over his previous posts to see Koch had stated earlier that "[s]ocial media is notoriously difficult to measure and ROI is unclear. Therefore, social media should be used as a platform to drive traffic to the channels that are easier to measure and have proven ROI. There should also be a way to get customers and prospects from social media into systems for tracking and managing interactions (e.g., CRM)."

I agree with his first and third statements and am still thinking about the second. But clearly his observations and eMarketer's survey results are in line with each other: informed B2B marketers look to social media today for traffic and leads, but not--yet--ROI.

Measurement techniques and the necessary link between social media and CRM or marketing automation systems haven't kept pace with B2Bs' use of social media. Looking at increases in traffic and leads, though, it's natural to expect quantifiable returns to soon become clear.

Posted by Laura Kempke on March 24, 2010 at 3:32 PM