If Social Media can work for the Ford Fiesta, it can work for you
2 11 2009The Ford motor company has a lot to teach other businesses in America.
Ford is the only of the three major US auto manufacturers that didn’t need a bailout, and if that wasn’t impressive enough, Ford just reported a $1B 3rd Quarter profit. (That’s $1,000,000,000 - it looks so much sexier when you write it out.) This is a company run by very savvy business minds.
So if you can’t beat ‘em, learn from ‘em.
Business Week recently wrote about Ford’s social media campaign for the Ford Fiesta, and anyone thinking about social media applications in his business should consider the story required reading. If you haven’t heard of the Fiesta, don’t worry - it’s a model that hasn’t been released in the States yet and won’t be until early 2010. Nonetheless, Ford’s social media marketing for it has been underway for some time. The campaign, dubbed the Fiesta Movement, involved Ford giving 100 Ford Fiestas to social media users who would then create content about the vehicle.
(Complete non sequiter: Am I the only one mystified by the way car model years work? The model that will reach the US in early 2010 is the 2011 Ford Fiesta. How is it not a 2010 Ford Fiesta?)
Like Ford, most people now recognize that anyone who tells you social media are a panacea that generates millions of dollars for free is trying to fleece you. (And those who don’t realize it aren’t bothered by such pedestrian concerns - they’re expecting a large check from a Nigerian prince to arrive any minute.) At the bare minimum, serious investments of time and energy must be put into social media strategies to generate any ROI.
And Ford illustrates this brilliantly. A full 25% of Ford’s marketing budget for 2009 is going to digital and social media. They offered up 100 vehicles as a part of the Fiesta campaign. They don’t just believe in social technology - they’re putting their money where their mouth is.
But believing is only sufficient for saving Tinkerbell - execution is required to run a successful business. One of the toughest questions we here at Generation Why regularly field from employers is “We know social media is supposed to be the way of the future, but how are we supposed to use these new technologies to find and keep great young employees?”
As much as I’d like to offer up magical keys to the kingdom, the simple truth is that there’s no easy, one-size-fits-all solution. As you read through the Business Week story, notice how nuanced the Ford campaign was, just how much of it was specific to Ford and even to the Fiesta itself. Don’t expect any recruiting or retention efforts you make with the new technologies to require any less nuance or skill.
With that caution, there are a number of lessons I pulled out of the Fiesta Movement that are as relevant to marketing your employment brand to Gen Y as they are to marketing a new vehicle.
1. It’s user-driven. (Pun intended. Sue me.)
Ford has taken the great leap of faith and is allowing the end users of the product to be the generators of the content at the heart of its campaign. Odds are good there is some oversight, but for the most part this isn’t a top-down hierarchical approach to spreading the word about the Fiesta - it’s a word-of-mouth and peer-to-peer campaign. That translates into credibility.
Note also that Ford was looking for certain users. They weren’t trying to please everyone. They didn’t want the entire world to love the Fiesta. Instead, they sought out 100 people who were excited about the vehicle and would serve as ambassadors for it.
2. It’s measured.
Measurement is great because it allows you to prove the value you’ve created for a client or employer. More importantly, though, you can measure a campaign and see if it’s working. One of the great things about social media is that they’re agile. If Plan A isn’t working, it’s much easier to change your blog campaign to Plan B, C, or even D than it is to pull the plug on a national television campaign.
3. It’s patient.
Ford started this campaign 18 months before the Fiesta hits US highways. Why? Because they’re patient. They recognize that while the internet is a world in which everything can change in a matter of minutes, a really solid campaign will take time to plan, execute, and get to work. Real credibility and trust take time to build. Ford recognized this long before they needed that trust and started to build it.
4. Your turn
I may be sharp (if immodest), but I guarantee there are lessons and applications I missed. Share them in the comments section, if only to wipe the smug grin off of my face.
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