Saturday, March 26, 2011

Tahki Stacy Charles: Brand Monitoring Report #2

Introduction and Background Information
As I have previously mentioned, the company I chose to monitor is Tahki Stacy Charles, Inc., a yarn company. Tahki Stacy Charles, Inc. encompasses four yarn brands: Filatura Di Crosa, Tahki Yarns, S. Charles Collezione, and Loop-d-Loop by Teva Durham. However, I chose to monitor the parent company instead of single brands. To continue my monitoring of this company, I used the following social metric tools: Addictomatic, SocialMention, IceRocket, and TrendPedia.

Twitter
Similar to previous weeks, most of the tweets about Tahki Stacy Charles have been from Vogue Knitting and Yarn Group. Unlike last week, however, TahkiYarns and FilaturaDiCrosaYarns have both showed up on the “Top Users” list on SocialMention, which means that they were both tweeting more than they have over the previous month. This increase is probably due to the Colorplay Challenge contest I mentioned earlier, in which contestants design scarves made from Tahki yarns. In addition, Tahki Stacy Charles, Inc. recently released a free pattern for their S. Charles Collezione brand yarns, called the “Elaine Oversized Pullover.” This has generated a bit of buzz on Twitter, with people re-tweeting the link to the pattern.

Tahki Stacy Charles, Inc. has improved their Twitter presence by tweeting more often. For example, TahkiYarns tweeted:

By tweeting questions such as this one, Tahki Stacy Charles, Inc. is more likely to spark a conversation among its followers and create buzz about their products.

Blogs
Since my last report, many of the blog posts mentioning Tahki Stacy Charles, Inc. have been written in Russian, so I was unable to determine if they were positive or negative in nature. I found one blog post where the poster, Geraldine, was asking for suggestions on which yarn to substitute for a pattern, and she was thinking of using Replay by Tahki Yarns. She also linked to the Tahki Stacy Charles, Inc. website, which will help to increase search engine results for the company.
Geraldine was leaning towards either coral or crimson, which do you like?

YouTube
Since my last report, Stacy Tahki Charles, Inc. has linked their Twitter and YouTube accounts, so I saw many posts from Twitter saying “I liked a YouTube video,” with a description of the video. Many of these videos were from the TNNA fashion show I showed in class. However, the company has not posted any new YouTube videos. This is understandable, as it is difficult to convey colors and textures through online means, such as videos.

Ravelry
Ravelry is clearly the area in which Tahki Stacy Charles, Inc.’s marketing strategy shines. Clearly, it is the perfect place to reach their target audience. In the “Friends of Tahki Yarns” group, fans of the yarns discuss their knitting goals for the year of 2011, and much of the group is actively discussing the Colorplay challenge. Other threads include users searching for extra skeins of specific colors or yarns.

User “judisohn” posted about errors in a pattern written by the company, which is a great example of Tahki Stacy Charles, Inc.’s outstanding customer service. Within a day, a sales representative for the company (user “AnneBeanVA” posted to apologize for the errors, and offered to contact the designer to fix the problems.


The immediate response placated “judisohn” and preserved Tahki Stacy Charles, Inc.’s reputation. Although the post is not new, it still shows that the company is focused on its customers.

Target Audience
The target audience of Tahki Stacy Charles, Inc. is, of course, knitters who will buy their yarns. However, it is difficult to reach many knitters via the Internet, since much of the target population consists of older individuals. This portion of the target audience is usually labeled as “inactives” or “spectators.” Tahki Stacy Charles, Inc. has done a great job in reaching the “joiners” in their target audience through Ravelry, an online knitting and crocheting community. By creating a Ravelry group dedicated to their yarns, they are able to listen to the groundswell, respond quickly to problems, and spark new conversations.

Strength, Sentiment, Passion, Reach
The SocialMention snapshots over the past two weeks show that Tahki Stacy Charles, Inc.’s sentiment and passion scores have both increased from the previous month, which is good news for the company. This is probably due to the buzz created by the Colorplay challenge, and the fact that the company tweeted more often than it did in the past month. The number of positive mentions increased, which helped boost their sentiment ratio.

SocialMention Stats Mid-March to the end of March

Unfortunately, the low reach percentages still pose a significant problem for the company. By focusing most of their efforts on reaching their target audience through Ravelry, they are missing the users who are not part of that community. Ravelry forum posts and projects will show up in Google searches, but if the viewer does not have a Ravelry account, they will not be able to view the pages. However, this may provide an incentive for people to join Ravelry, since it is a free community.

The extremely low strength percentage is also an indicator that Tahki Stacy Charles, Inc. is not being mentioned frequently in social media outlets. The only sure way to fix this problem is for the company itself to start tweeting and blogging even more. By focusing most of their efforts on Ravelry, the company is missing the bigger picture.

Suggestions and Goals
Tahki Stacy Charles, Inc. has done a good job in identifying their target audience, but they have not done such a good job in reaching their customers through a wide variety of resources and technologies. Because Ravelry is a closed community, anyone who is not a registered member cannot view forum posts. This poses a problem to Tahki Stacy Charles’ reach percentages, since those pages are not visible to much of their target population (the “inactives” and “spectators”). By taking advantage of other outlets, such as Facebook, Twitter, and blogs, Tahki Stacy Charles, Inc. would be able to increase their reach percentage significantly. In my opinion, they are focusing too much time and energy on Ravelry, and not enough on other areas that can reach more people.

As mentioned in my previous report, strength is the likelihood that your brand is being discussed in social media. Tahki Stacy Charles, Inc.’s strength percentage is abysmally low, at 1% or even 0% each time I have taken a snapshot. This is directly linked to the problem I mention above, in which TSC, Inc. is focusing too much on Ravelry, and not enough on other social media outlets. Companies cannot wait for others to discuss them -- they need to initiate the conversation themselves. By taking charge of the situation, Tahki Stacy Charles, Inc. would be able to spark more conversation and activity, and their strength percentage would increase. Sometimes the groundswell just needs a little push.

Saturday, March 12, 2011

Tahki Stacy Charles: Brand Monitoring Report #1

Introduction and Background Information
I’ve chosen to monitor Tahki Stacy Charles, Inc. Tahki Stacy Charles is a yarn company that encompasses the following yarn brands: Filatura Di Crosa, Tahki Yarns, S. Charles Collezione, and Loop-d-Loop by Teva Durham. Each yarn brand has its own Facebook, Twitter, and Ravelry page. Ravelry is an important social network for yarn brands to utilize. For more information on Ravelry, see my previous blog post here. To monitor this company, I used the following social metric tools: Addictomatic, SocialMention, IceRocket, and TrendPedia.

Marketing Strategy
Tahki Stacy Charles, Inc., uses a marketing service, The Wool Wide Web, to manage their web and social media presence. The Wool Wide Web helps yarn companies and specific yarn brands implement social media marketing strategies. Some of the services The Wool Wide Web offers include: Social Media Campaign Creation, Social Media Monitoring, an E-Newsletter service, Search Engine Optimization (SEO), Google Adwords Campaigns, Google Analytics & Webmaster tools integration, WordPress websites, Branding Strategies, Retail Support Programs, Designer and pattern support, and ghost blogging.

The advantage of using an outside service like The Wool Wide Web is that companies with little or limited knowledge of the groundswell or social media technologies do not have to spend the time learning how to use them – they can hire a company to do it for them. This allows the yarn companies to focus on creating new products. Companies hire outside designers for advertisements, why not hire a company to market for you?

YouTube
Tahki Stacy Charles, Inc. has its own YouTube channel; however, the company has only uploaded one video. This video is an interview with Stacy Charles and Diane Friedman of Tahki Stacy Charles, Inc. Another top result when searching for TSC, Inc. was Yarn Group, a subsidiary group of the National NeedleArts Association. Yarn Group uploaded a video from the TNNA Spring/Summer 2011 Fashion Show, which features models showing handknit garments made from Tahki Stacy Charles yarns.



Aren't those cardigans gorgeous?
Blogs
Many of the blog posts I came across were reviews of specific yarns, such as this review of Tahki Stacy Charles Cotton Classic. The review mentioned that the yarn has a very pleasant texture and is great for beginners since it doesn’t split easily.

Look at all those colors! (Source: yarn.com)

Another blog post from Knitting Daily promoted a contest being held by Tahki Stacy Charles, Inc. – the Colorplay Reader Challenge. Knitting Daily, of Interweave Knits, is running a contest to win $250 worth of Tahki Yarns. To enter, you need to create a multi-colored scarf using at least 4 colors of Cotton Classic or Cotton Classic Lite. Readers will vote on the most creative knit scarf and the most creative crochet scarf. Contestants will use patterns provided by a professional designer. Tahki Yarns is also offering a 10% off coupon for your purchase of Cotton Classic or Cotton Classic Lite if purchased for the Colorplay Reader Challenge.

Topics, Tone, Strength, Sentiment, Passion, Reach
By looking at SocialMention at a few intervals across a couple months, I was able to determine some general trends about Tahki Stacy Charles. In general, the topics mentioned are the yarn brands themselves – but beyond that, they were either positive or negative reviews. Also frequently mentioned were sales or discounts currently being offered on Tahki Stacy Charles yarns. The general perceived tone was positive, while negative reviews were extremely rare. According to SocialMention, strength is the likelihood that your brand is being discussed in social media. Tahki Stacy Charles’ strength was quite low, at only 1%. This shows that overall, Tahki Stacy Charles was not being mentioned very often.
SocialMention Stats Mid-February to Mid-March

The sentiment, or the ratio of mentions that are positive to the mentions that are negative, was neutral overall, ranging from 12:0 to 13:1. This means that for every 13 positive mentions, there was only one negative mention. Passion, or the measure of individuals who are talking about your brand will do so repeatedly, varied greatly for Tahki Stacy Charles, Inc. It varied from 72% in mid-February to 43% in mid-March. Tahki Stacy Charles is only being mentioned by a few repeat users, like Vogue Knitting. Reach, or the measure of the range of influence, ranged from 4% to 11%. These percentages are calculated by using the number of unique authors referencing your brand divided by the total number of mentions. TSC, Inc.’s reach percentages are an indicator that they are not reaching too many users.

Conclusion and Future Monitoring
I will continue to monitor Tahki Stacy Charles, Inc. to see if their reach and strength percentages increase. We might see some entries into the Colorplay Challenge competition, and that would definitely increase the company’s web presence. In general, TSC, Inc. could benefit from posting more YouTube videos, because that would provide users with more ways to find out about Tahki Stacy Charles’ yarns. So far, I would say that Tahki Stacy Charles, Inc. has gotten its feet wet in the Groundswell, but it needs to become more involved to make an impact.

Thursday, March 10, 2011

5, 6, 7, 8...

Chapter 9 of Groundswell describes how to help the groundswell support itself through online communities and forums. The most important point to remember in maintaining an online community is that once you build it, you need to support it. A community that was created but has only 3 posts in a forum thread is not going to last very long. People who are looking for help will not turn to a sparsely-used community for answers.

While reading this chapter, I was strongly reminded of a community that I helped maintain - DanceStudioOwner.com. In order to get the whole picture, you'll need a little backstory... so here goes!

My family has been involved in dance for several years now. My younger sister started dancing at Kathy Blake Dance Studios after attending a friend's birthday party there in middle school, and my mother was hired as the KBDS Costume Manager a year later. I became involved when I started working as an office assistant, and eventually I worked my way up to working as the sound technician for recital week. My dad works as KBDS' "tech guy." As you can see, we all spend a LOT of time at the studio.

Over the summer of 2010, I had the pleasure of working for Suzanne Blake Gerety, the vice-president of KBDS and co-owner of DanceStudioOwner.com, a community for dance studio owners. While working for Suzanne, I learned the ins and outs of running an online community. I plan on completing my internship for the MSPC program with Suzanne this summer as well.

DanceStudioOwner.com's home page gives users quick access to its wealth of resources.

I like to call DanceStudioOwner.com a "dance studio in a box." It provides dance studio owners with any resource they could ever need. Dance studio owners can purchase a membership to the site to access all its features, including articles, support forums, podcasts, and printable resources (such as handbooks and coloring pages for younger students). The resources on the site cover virtually any question a studio owner could come up with, from "How do you deal with bossy parents?" to "How do you handle late payments?" to "How do I prevent injuries?" DanceStudioOwner.com (DSO) covers the gamut of issues that could arise in the dance world.

Similar to Massachusetts General Hospital's CarePages system, DanceStudioOwner.com allows dance studio owners to focus on making their business profitable by helping them with the smaller (but still important) details. CarePages allowed patients to focus on resting and getting better while allowing them to stay in close contact with their family and friends (pg. 155). DanceStudioOwner.com also inspires people who are passionate about dance, and brings them together in a virtual community where they can share their passions.



DanceStudioOwner.com created this video to share the passion of dance.

By building passion, DanceStudioOwner.com can build up their reputation through users' testimonials. Like Li and Bernoff say, "Why not let your fans buzz about you and build passion for your programs?" (pg. 164). Similar to Proctor & Gamble's beinggirl.com community, DSO addresses dance in a more encompassing way, not just by advertising products. Because the DanceStudioOwner.com forums discuss the entire dance studio ownership experience, it creates a safe space for users to discuss their experiences without feeling like they are being shouted at.

Suzanne Blake Gerety, a co-owner of DSO, has mastered the concepts of being a trust agent. She is especially good at being a human artist - or someone who is able to communicate with people in a real and meaningful way. (Follow her on Twitter!) Along with Kathy Blake, her mother and the other co-owner of DSO, she is able to relate to the members of the community and help them through their small business journey. By helping the groundswell support itself, DSO was able to create a vibrant and welcoming community of dance studio owners around the world!