Thursday 10 May 2012

Losing the digital game (Marketing Week, By Michael Barnett)


In today’s digital world, marketers often focus on their individual brands when they communicate with consumers. But when it comes to talking about their parent companies, the UK’s corporate giants are far less polished.
Indeed, the majority of FTSE 100 companies are failing to use digital media to talk effectively about their corporate brands, according to a report seen exclusively by Marketing Week.
When consultancy Radley Yeldar analysed how FTSE 100 companies use their own websites, mobile sites and social media accounts to communicate, it found that Shell is the most digitally connected company, followed by Unilever and then SAB Miller. Meanwhile, Prudential, Burberry and Admiral Group are all near the bottom of the ranking (see table, below).
The study uses an extensive scoring system, taking into account parent company websites, presence on Twitter, LinkedIn and Facebook and how the companies optimise their sites on smartphones (see Method, below).
Despite a corporate website being a regulatory requirement of listing on the London Stock Exchange, the way FTSE 100 companies communicate digitally is far from encouraging. They are particularly poor when it comes to connecting up their communications channels. Although 98% have a presence on LinkedIn and 56% are on Twitter, less than half of the select group use other social networks, blogs, or have mobile websites and apps, according to this study.
Unilever’s Keith Weed
Unilever’s chief marketing officer Keith Weed says the rise of new media channels requires Britain’s corporations to pay attention to their digital footprint. “People are getting much more interested in finding out about the company behind the brand and have the tools to go online and find out more,” he says.
Consumers and business communities alike use the web and social networks to find and spread information, so companies need to make sure their corporate ‘story’ is easily found and understood by increasingly diverse audiences.
Unilever has focused on increasing awareness of its corporate brand since 2009 and in 2010 launched its Sustainable Living Plan, which aims to double the company’s sales over 10 years while cutting the environmental impact of its products by 50%.
Unilever began telling this story of sustainable business online, and it is through digital channels that the company has built the initial groundswell of interest in the corporate brand. The company will run a corporate branding campaign targeting consumers later this year, as Marketing Week exclusively reported last month.
Introducing the Sustainable Living Plan 18 months ago required Unilever to reform its digital corporate communications. It consolidated its previously disparate social media resources, such as Facebook pages, cutting down their number and honing their focus, says Weed.
“We have been stepping up in this area so you can now find a coherent story about the brand - the heritage, the Sustainable Living Plan, sourcing and consumer living,” he adds. “We are doing this to tell the story behind Unilever, and I would want Unilever to be a quality mark of sustainability.” Unilever’s consumer advertising now features its U logo, as does its packaging.