Social Media Lessons from the Big Brands: Intuit Edition

March 10, 2010

A recent survey from E-Consultancy, in association with the Online Marketing Summit, found that most businesses are still only experimenting with social media. With this in mind, it seems worth paying attention to how some big and successful brands use social media in their own strategies.

Are you still in the experimentation phase with social media? Talk to ArisYulianta and Friends... about it.

One company that is finding social media incredibly useful is Intuit, makers of popular financial software like TurboTax, QuickBooks, and Quicken. Seth Greenberg, Director of National Media Buying and Digital Marketing for Intuit’s consumer group answered some of our questions about how effective the company's efforts are in social media.

Intuit actively participates on Twitter and Facebook daily, as well as YouTube, and some advertising with MySpace and LinkedIn. When asked if they focus on any network more than others, Greenberg says, "Currently, Twitter and Facebook are the focus because more than 50% of customers use it. Twitter offers a transparent, real-time engagement with customers and prospects on questions, issues or general comments they may have.  Through both networks we are able to provide relevant, timely and valuable information to consumers."

Seth Greenberg of Intuit tweets about having a Facebook strategy

We asked what ways the company participates. Intuit has employees all across the company that have a hand in the social media strategy, as it relates to their own roles. This covers everything from communications to marketing, and product people.

"TurboTax is very involved in social, as are other business units in the company," he says. "We recently launched @TeamTurboTax where taxpayers on Twitter can tweet questions to @TeamTurboTax and get fast, free answers from a team of tax, tech and product experts providing help and advice to make tax time easier. The account is managed by a cross-functional team of employees including those from PR, product management, marketing and support."

"In addition, there is a TurboTax Twitter account to also engage with consumers, but also provide tax tips, information, contests, etc," he adds. "We do have a Facebook page as you know and an interactive TurboTax Tax Break Blog, that includes the latest tax information, surveys and tips. Also, three years ago, TurboTax launched its Live Community, now used by more than 11 million people, to provide free instant answers from TurboTax users and tax experts online."

Intuit has a Turbotax Facebook page as part of its social media marketing strategy

We asked how Intuit is integrating its on-site (proprietary domains and products) and off-site social marketing activities. "The in-product experience with Facebook Share gives customers the option to share to their Facebook news feed, creating a network effect when they share a comment or post a review. We know that fifty percent of TurboTax customers are on Facebook," says Greenberg. "The Friends Like You campaign (which Gigya is a partner with) allows customers not only to post a review, but for anyone looking for 3rd party recommendations about what product to use and their experience, to see and sort through reviews from friends (in their network) or from people like them (based on similar tax situations). Also, our national advertising with NBC highlights the Friends Like You campaign and drives people online for a total integration from offline to online to product."

When asked what technologies the company has implemented to help it maximize word of mouth traffic, he says, "The work we do with Gigya, is an example of applying technology to connect to Facebook and Bazaarvoice with our customer reviews. Live Community is an in-house technology that leverages community, where TurboTax users and experts ask and answer questions.  It is free in all products, but also to anyone that has tax questions through our website.  These are some of the ways that also lead to great SEO results."

Intuit uses metrics like click-throughs, network effect of "pass alongs" (consider that average Facebook user has 150 friends), engagement and conversion (both of new versus existing customers). When asked how Intuit's social media efforts have contributed to the company's sales, brand loyalty, and web traffic, Greenberg says they're learning that social can be a "very potent avenue to driving revenue, and even be more influential than other channels when applied the right way."

"We have very active and passionate customers. We see that with the Live Community, with our Inner Circle (an opt-in community where customers provide feedback, beta testing, etc) and the incredible amount of customer reviews we receive with an average of 4.5star rating," he says. "Social is a tactic to help drive traffic and is built in to many of the initiatives we employ (drive traffic to a specific link, like the blog or to TurboTax.com)."

Of course mobile factors into the strategy, even for a software company like Intuit. "Mobile is a key strategy for Intuit and figuring out where/when it is relevant for consumers.  We do have social tax apps, like TaxCaster (an app to help estimate your tax refund) and SnapTax (an app that allows CA taxpayers with simple returns to file a federal/state tax return from their iPhone)."

"We're fortunate to have the passionate customers that want to express themselves and give us their feedback...Given the right tools/technology, our customers can be our best sales force (help to spread WOM).  Overall, we look at engaging with people in a way that adds value to them, providing them with the information they need to make the right decisions."

What do you think of Intuit's social media strategy based on Greenberg's description? Do you see ways that the company is using  social media that you could apply to your own business? Share your thoughts here.

Google Buys Cloud Photo Editing Service

March 2, 2010

Google announced today it has acquired Picnik, a cloud-based photo editing service. The company consists of about 20 employees.

"Google processes petabytes of data every day, and with their worldwide infrastructure and world-class team, it is truly the best home we could have found. Under the Google roof we’ll reach more people than ever before, impacting more lives and making more photos more awesome," says Picnik in its announcement.

Picnik lists the following as its features:

Picnik Acquired By Google- Fix your photos in just one click
- Use advanced controls to fine-tune your results
- Crop, resize, and rotate in real-time
- Tons of special effects, from artsy to fun
- Astoundingly fast, right in your browser
- Awesome fonts and top-quality type tool
- Basketfuls of shapes from hand-picked designers
- Works on Mac, Windows, and Linux
- No download required, nothing to install

The basic version of Picnik is free, but there is a premium version with more features available for $24.95 a year.

"We're not announcing any significant changes to Picnik today, though we'll be working hard on integration and new features," says Google Product Management Director Brian Axe. "As well, we'd like to continue supporting all existing Picnik partners so that users will continue to be able to add their photos from other photo sharing sites, make edits in the cloud and then save and share to all relevant networks."

"We're very impressed with the Picnik team and the product they've created, and we're excited to welcome them to Google," says Axe. "We're looking forward to collaborating closely with them to improve the online photo editing experience on the web. In the meantime, we encourage you to head to Picnik, import some of your photos from Picasa Web Albums, Flickr or Facebook and try your hand at photo editing in the cloud!"

Financial details of the acquisition are unknown at this point. Should Photoshop makers Adobe be worried?

How Will Twitter Show Users Ads?

February 24, 2010

Twitter is testing an ad platform, which is expected to be released next month, possibly at the South By Southwest event in Austin. Though the timing of the release has not been confirmed, Twitter's head of product management and monetization, Anamitra Banerji, told MediaPost that they "are working on an ad platform, but it's only in the test phase."

According to Banerji, when Twitter does launch the product, it will make it clear when sponsors have paid for ads, and the ads themselves will be "relevant and useful, so the user doesn't think of it as an ad." This strategy seems to have been working well for Digg, which launched Digg Ads last year, to generally positive feedback from users (users can participate by voting ads up and down, which makes the more interesting ones more likely to be seen).

Twitter doesn't exactly operate like Digg though, but Twitterers do contribute to trending topics. On a recent panel, Banerji showed off a chart that looked at peaks and total tweets throughout the Super Bowl, with one line representing tweets about the actual game, and another representing tweets about specific advertisers.

Twitter Super Bowl Chart shows people tweeting about game and about ads

It is possible that Twitter's ad platform would tie into this "what people are already talking about" kind of thing, but that would seemingly make it much more difficult for a lesser-known brand to have any kind of advertising success.

The truth is, nobody knows exactly how Twitter is going to present its ads yet. The question is, how can they do it in a way that users won't think of it as an ad? It's probably going to involve some real-time engagement on the part of the advertiser, which leads one to wonder how they will be different than any other unpaid, branded tweet.

"People are constantly talking and engaging with brands, sharing their feedback," MediaPost quotes Banerji as saying. "What if brands start to participate? What would the chart look like then?" I thought brands already did that.

It's going to be about how Twitter presents it. That could be a difficult problem to address, given that Twitter users use the service through many different third-party apps and devices, and often not the site itself. This is not a concept Twitter is likely to have ignored though, so if they're planning on launch next month, they must have a pretty good solution.

How would you like to see ads displayed on Twitter? Discuss here.

Google Distances Buzz From Facebook, Twitter

February 23, 2010

The idea that Google Buzz poses no threat to Facebook and Twitter is perhaps a popular one; Buzz, of course, got off to a very shaky start due to some privacy missteps.  Interestingly, though, a Google exec claims to agree with the idea, stating that Buzz is supposed to serve a different purpose.

Cynics might argue that Google's only refrained from declaring social media war because Buzz's launch went badly.  Or because it would be contrary to the warm and fuzzy impression the search giant likes to project.

Still, Bradley Horowitz, Google's vice president of product management, told Clint Boulton that Buzz is "absolutely not" supposed to compete with Facebook and Twitter.

Horowitz explained, "[T]his is creating a new category of communication.  It's filling a niche, which is not currently met in the market.  I think something unique is happening on Buzz that will continue to evolve.  It's hard to create a trend line or extrapolate too much from six days of use, but certainly conversation and the conversational Web is a place where Buzz has excelled.  I think it is unique and offers a compelling, interesting experience."

For comparison's sake: Boulton noted that Google Buzz users created around nine million posts and comments during its first week up and running.  On Facebook, users share more than five billion pieces of content per week.


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