Read more: http://www.businessinsider.com/loreals-rachel-weiss-on-social-media-2012-10#ixzz28jwEmoXU
When Rachel Weiss, vp/digital strategy and marketing at L’Oréal, told Business Insider's Social Media ROI Conference that she stopped using Pinterest because "I got bored," we knew we had to grab her for a Q&A.
Pinterest
is the new darling of social media, and advertisers are already
flocking to it because of its huge female user base. Pinterest would be a
natural for L'Oreal, surely?
Here's what Weiss told us about Pinterest — and Foursquare and Facebook
— when she sat down with us recently to talk in more detail about her
company's social media strategy. (The interview was edited lightly for
length and clarity.)
BI: What is L'Oreal's social media strategy, what kind of channels do you use, what resources do you put into it?
RW:
We are a big company with very many brands so each brand within
L'Oreal acts as it's own individual company with its own strategy. So
for example, Kiehl's is a brand who is trying to create the experience
whether you are on social, or whether you're in the store, or whether
you are shopping on the site online, it's the same.
And other
brands … we look at L'Oreal everything in terms of the path of purchase
and it's about advocacy, awareness, conversion. The whole point for us
with our social strategy is you can touch a customer at any point within
the customer's decision journey. For L'Oreal's strategy it's not a
straight line anymore, it's across the board. You can be in a store and
then search for a product and watch a how-to video on your phone and
that can increase your purchase intent. We're not looking at the
product-centric strategy which we used to at L'Oreal. It can happen at
many different touch points across different channels and different
places, so our strategy is to make sure that our brands are showing up
and that they know what our brands are telling their story and providing
what the customers want from that brand at that particular touch point.
BI: Do you put more resources into Facebook or Twitter or Instagram?
RW:
In terms of resources, I think that there is experimentation going on
across all different channels. We have some brands that are now focusing
on playing around with Instagram, or Tumblr, or even Pinterest. Most of our resources to this day, because they still have the most scale, are on Facebook.
BI: You said on the panel that you got bored with Pinterest. Is L'Oreal active on Pinterest?
RW:
We are waiting to see what Pinterest comes out as a platform for
brands. We're experimenting. Pinterest for me is very, very new and I'm
waiting to see what it looks like. I was making so many boards on
Pinterest and then I just stopped and went back to Facebook.
BI: Do you know that Pinterest is trying to develop a platform for brands?
RW: We are waiting for that, yes.
BI: Are you waiting for that because they told you they were working on it or because you just think they are going to do it?
RW:
No, I think they have to do it. We spoke to Pinterest during the
Pinterest craze, in like March. And they had like 12 people working
there. They are working on their products right now. They are getting
ready to move into brand play. Even like Foursquare is really
interesting. Foursquare is a platform we've been waiting for as
advertisers to help us. Everything we have done has been through the
entrepreneurial spirit of people within our brands, not from ideas
coming from foursquare.
BI: You just told our panel you did not think Foursquare was ready for advertisers yet. What do you mean by that?
RW:
They don't provide a service that is meaningful for advertisers to
scale. They haven't come to us with ideas. For example, we tried to do a
test with Foursquare with local salons because we don't our own our
salons, so professional products is a huge part of our L'Oreal business.
And we wanted to sign up salons to give offers to clients empowered by
the big brother-little brother mindset. And Foursquare doesn't make it
easy for us to empower our local businesses. They're too small, it's
fact.
BI: One of the problems Foursquare has, of course,
is that the Facebook check-in is really pretty powerful. It's very
similar. So why would you bother with Foursquare when you've got
Facebook check-in?
RW: We were very excited about
Facebook places and Facebook check-in. As advertisers from L'Oreal, we
haven't seen what programs can look like for us to actually optimize on
that behavior. We are there. We're not seeing those platforms sell to us
in a way that's meaningful.
BI: Who does have platforms who will sell to you in a meaningful way?
RW:
Facebook definitely is a partner we have seen success with. Not from a
commerce perspective, but Facebook is an area that we continue to
experiment and grow. Google, of course, is a preferred partner for us.
JE: What do you do with Google?
RW: Search!
BI: Have you used Google+ yet?
RW:
We actually have not used Google+ from a brand stand point. We have not
seen the success of it. Again, going back to resources, we don't have
the social resources from a human perspective to be able to manage such a
breadth of channels. I do believe there is a nuance for how you push
content out on these different channels, but we've been spending a lot
of time with Facebook over the last five years. And Twitter for me is
still a channel of innovation. I think that Twitter is not going away.
We have some brands like Maybelline who are focusing time on Twitter and
what does that look like for the brands.
BI: Do people want Twitter engagement with beauty brands?
RW:
Yes! People love to talk about our spokesmodels and it's really a
channel for breaking news and awareness. We have events. We have
spokespeople and bloggers who talk about our brands. People love to talk
about beauty. They love to talk about what lipstick they're wearing,
what lipstick was Sofia Vergara wearing from the Emmys. Beauty is always
part of the social conversation. Women are always interested in what
other women are wearing, doing, beauty tips. Look on YouTube.
How-to videos are a huge part of our market. Video content for us is
something we've been optimizing and expanding. We just hired a senior VP
of content…for video across all of our channels.








