How to decide which social media tool is right for you (05/19) | Social Media Advice
Posted: 1:20 pm Mon, May 14, 2012 By Elizabeth Millard Tags: Bolin Marketing, Holly Matson, Kyle Meehan, Marketing Directions, Martha McCarthy, PH Digital Labs, Social Lights, social media, Steve Borsch
Are you a networker, conversationalist or brand builder?
For many small business owners, keeping up with social media can seem like a part-time job in itself, not just a component of the company’s marketing and public relations plan. But here’s the good news: It’s possible, and even advisable, to limit social media efforts to get the most reach for your message.
Trying to take on every tool — Facebook, Twitter, LinkedIn, Pinterest, Google plus, blogging and others — is daunting unless you’re an enthusiastic technophile or your job is in social media. So which to pick? Generally, it will come down to whichever tools you tend to like the most, but there are some personality types that gravitate toward specific sites. Here’s a quick guide to see where you might fit:
The networker: LinkedIn
Built for professionals rather than consumers, LinkedIn has become a powerhouse when it comes to finding business associates, employees and executive talent. The site also boasts more than a million groups, which people can join based on their interests and expertise.
Many small business owners find LinkedIn an easy place to start with social media, notes Holly Matson, director of experience planning at Minneapolis-based Bolin Marketing, an agency that provides business consulting, social media and Web design. She says the site allows businesspeople to expand their networks without the frantic pace seen at sites like Twitter. Also, it’s a good place to be if competitors are dominating the site.
“Find out where the conversations about your industry are happening,” Matson says. “If there’s activity on LinkedIn about what you provide, you should definitely make sure to be in on that conversation.”
The brand builder: Facebook
Because it allows users to link to other sites and articles, and include photos and videos that can be embedded on a page, Facebook is a robust tool for building a brand’s image.
For example, take a look at the Facebook page for the HopeFULL Co., a local creator of healthy food kits. Started in 2010 by two sisters, the business builds its customer base by using Facebook for brand development. The founders include information on products and links to articles about nutrition, parenting and health topics. they also offer coupons on the page and photos of customers using their products.
“As a startup, we knew we had to market ourselves in a way that was affordable,” says co-founder Stephanie Williams. “Facebook gave us the ability to reach out to a very wide audience without any cost except for our time.”
The conversationalist: Twitter
If Facebook and LinkedIn are the dinner parties of the Internet, Twitter is the cocktail hour. many people find the site intimidating, given the rapid-fire tweets, re-tweets, short-form insights and direct messages. But others thrive with such a brisk pace.
“Those who love Twitter are usually very outgoing, and they love to be constantly connected,” says Martha McCarthy, co-founder of the Social Lights, a Minneapolis-based agency specializing in social media and digital marketing. “They like to be the first to know about things, and they’re great at multitasking.”
Twitter can also be used to direct users to other sites, such as a new blog post, advises Kyle Meehan at PH Digital Labs, a digital marketing agency in Minneapolis. “You don’t have to be constantly on Twitter to have it work well for you,” he says. “It can be a good way to entice people to other places, like your Facebook page or your company site or your blog.”
The deep thinker: blog
Twitter is intimidating because of its rapid pace, but blogs can be nerve-wracking because of that huge, tough-to-answer question: “What do I say now?”
In general, blogs are ideal for establishing yourself as an expert in a topic. Rather than using the space to promote a product or service, a blog is a way to broaden a conversation within your industry or provide insight on a particular topic.
For instance, Steve Borsch, chief executive officer of trend forecasting for Marketing Directions, gives general thoughts on market opportunities and sprinkles in some personal experience. a recent post about appealing to baby boomers started with thoughts on helping his elderly father stay in his home.
“Blogs do classify as social media, because you’re communicating a message that can be tied to other social media efforts,” Meehan says. “Also, it lets your personality come through. you can show people how you think and demonstrate your expertise within a certain industry.”
The early adopter: Google plus and Pinterest
Although it was designed to be more feature-rich than Facebook, Google plus isn’t getting a groundswell of adoption yet. But that doesn’t mean it won’t be valuable in the future, and that’s why McCarthy believes that the site is full of “first-movers,” people who like to stay on top of new technologies and dive headfirst into fresh approaches.
Similarly, Pinterest is just starting to gain wider adoption. An online pinboard, the site is mainly a way for people to share their thoughts, inspirations and ideas.
For example, someone might “pin up” a group of recipes as a motivator for cooking more often. in terms of business application, it remains to be seen whether the site will be valuable for connecting to customers. But if you’re an early adopter and like playing around with new social media sites, it’s likely that you’re already pinning.
Top tip
No matter what you pick, be sure to stay consistent and post regularly, McCarthy advises. Even so, cut yourself some slack. Few people have the skills, time and interest to use every social media tool, so just find the one that works for you and expand your empire accordingly.
Also, start with a goal, Matson says. think about your purpose for being in social media, rather than jumping into it just because that’s where you’re expected to be.
“Ultimately, it comes down to the quality of the content, not necessarily the platform where the content lives or is being shared,” McCarthy says. “Plus, if people like your content enough, they’ll share it on their own favorite social networks and spread the word for you.”
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Social media data: time to stop just measuring and start learning? (05/19) | Social Media Advice
Social media monitoring as a technique has evolved to become almost totally marketing-centric, but this misses a trick.
While dashboards provide great real-time information, they can struggle to help you really learn about your consumers.
Going back to basics for a moment, we can boil social media down into four parts:
- Creation – your consumers creating, sharing, commenting and publishing their own content.
- Listening – how you access this stream of conversation.
- Learning – your ability to create and share insights about your consumers and markets.
- Interacting – acting on this knowledge, influencing the conversation and engaging directly with consumers.
As an industry we’ve come a long way in terms listening and interacting, but there’s still room for improving how and what we can learn from what consumers say. at the moment we seem stuck at measuring what can be measured (keywords, reach, sentiment etc.) at the expense of trying to really learn what consumers think.
Here’s a quick test you can do to see if you’re really learning or simply counting:
Q: has your approach to social media so far:
- Helped you understand how and why (not just if) consumers feel the way they do about you?
- Let you find answers to questions you didn't know you had?
- Given you the evidence and insight to innovate, solve problems or be creative?
- Given you valuable insights to share with other departments?
Those with listening systems with outputs limited to just dashboards tend to answer ‘no’ to most of these questions.
However, it’s not a lack of desire that’s holding firms back, but rather a matter of having the right tools. Computers are great at sorting and counting, but still have a way to go to unpick the chaotic beauty of human communication.
The challenge seems to be how to make the most of these systems by combining human analysis with machine processing.
We’ve seen some evidence of firms using this hybrid model to great effect, but so far this approach tends to be light touch and focuses on observing trends in the outputs of dashboards, rather than going back to the raw data.
The problem here is one of scale, how can you practically read thousands of comments and learn from your observations?
There are some recent developments that are starting to provide answers to this. These use some new techniques (such as out-tasking or crowdsourcing) that enable firms to use humans to read large amounts of information and help identify what’s important and interesting.
This then can be harnessed more easily to create genuine insights about how people think.
Our work for an engergy company shows how this can be put into action. as part of a recent innovation project they collected thousands of detailed comments about energy and how it fits into people's lives and wanted to see what they could learn from it.
Sentiment and keyword analysis couldn't provide them with the depth of insight needed, so we read and analysed the comments to understand what people were saying about energy, when they talked to each other.
From this they were able to learn more about what motivates people's interest, what untapped needs they had and identify 'hooks' to help communicate more effectively with them.
Social Analytics Zen: External and Internal Social Metrics (05/19) | Social Media Advice
As a marketer, you probably daydream about impressing your CEO with unforgettable statistics from your social media campaigns that clearly articulate the ROI. There is a budding business discipline around social analytics, which aggregates and analyzes online conversations and social activity generated across social channels and enables organizations to act on the derived intelligence to drive business results. But how does one get to the ultimate state of social media bliss? To achieve social analytics Zen, you have to marry the yin and yang of social media analytics. Here’s how you can do that.
Learning from External Data: Social Analytics Yin
The path to achieving social analytics Zen begins by analyzing external data. Marketers must analyze industry, competitive and consumer conversations to have a solid understanding of the industry landscape. To properly understand your Yin:
- Identify key data sources and determine the frequency with which you’ll collect data: Create a benchmark of what’s currently being discussed at an industry and competitive level.
- Separate the information by audience type: you may have several different key buyer segments and corresponding influencers. Identify your keyword set by audience type and perform social listening to determine where digital conversations are happening.
- Develop goals by audience: Define what action you want each audience segment to take (e.g. gain awareness of your company, influence others, purchase your product/service, engage with you). Your audience goals should be driven by your overall business goals.
- Monitor by audience type: At this point, you’ll have a sense of whom you want to monitor. Create lists of top targets, influencers, and new customers to quickly scan for conversations that may require your participation. Create triggers for specific user intent that is tied to business goals.
While having a finger on the pulse of your industry enables you to understand key industry trends and drivers, this is only part of the story. you also need to analyze data from your own social campaigns.
Learning from Internal Data: Social Analytics Yang
Analyzing internal campaigns allows marketers to continually get smarter, more effective and more productive. as we learned from Travis Unwin, director of media strategies for Awareness partner agency Sitewire, a full service digital marketing and interactive advertising agency you can’t ‘set-it-and-forget-it” when it comes to social media (LINK to Travis’s post). It’s important to learn from your own content. To arrive at your Yang:
- Determine your content and platform mix: Test on various platforms to find the right marketing mix for your company. Remember, the goal is to drive new customers to your marketing funnel.
- 2. Measure your successes and failures – get Granular: which campaigns performed the best? on which platforms? which posts or tweets stood out from the highest-performing campaign? Allow these learnings to guide future campaign development.
- 3. Develop benchmarks: Ideally, you’ll want to invest in a toolset that helps you gain intelligence over time. You’ll want a social analytics platform that’s a one-stop destination for social intelligence.
- 4. Incorporate Social Media into your Marketing Mix: Social media shouldn’t be performing alone in a silo. Make your marketing efforts more effective at driving business results by integrating all available channels (email, website, mobile, ads, and social).
Achieving Social Analytics Zen
With the knowledge gained from your social analytics yin and yang, you now have a solid understanding of your landsca
pe. the marriage of the yin and yang (or Zen) is where your external and internal intelligence meets. this happens when you can identify and act on specific sales opportunities. the ultimate measure of Zen occurs in the Social Marketing Funnel, a sales framework we developed to help marketers monitor, identify, classify and respond to prospects and customers in social channels. Research consistently shows that the likelihood of purchase increases when people have a social connection with a brand or product – for example, fans of brands are 51 percent more likely to buy. with 90 percent of all purchases subject to social influence, and 90 percent of consumers trusting recommendations from people they know, marketers need to recognize the social marketing funnel is vital to overall prospecting activity.
For the full social analytics framework and steps to achieving Zen, download our new e-book, Actionable Social Analytics: from Social Media Metrics to Business Insights.
What do you think, marketers? Have you married your yin and yang to achieve Social Analytics Zen? We’d love to hear how you’re developing actionable analytics on our Twitter, Facebook and Pinterest pages.
Social media tip: Got engagement? (05/19) | Social Media Advice
by Kimberly Deas
It’s easy to think that just because your Facebook page has more than 1,000 fans that you’re doing well in the social media world. That might be so, but there is no way to know just from the number of fans, followers or connections.
It’s not the number of followers or fans, but the amount of engagement of those connections that determines the real value of your social media following. Engagement is simply having a conversation with those that have connected to you. This could be as simple as asking questions and getting answers, or it could be a more sophisticated type of engagement like a video that sends your connections on an Internet scavenger hunt looking for your “secret recipe.”
Today’s consumer wants to engage with the company and learn more before making a buying decision. With more competition in the marketplace, social media engagement allows companies and brands to easily differentiate themselves and create a memorable event in the minds of their online audience.
If your number of retweets, likes or shares is not as high as you might want, here are a few tips to increase engagement:
1. be human. Social media is about people talking to people. Avoid corporate speak.
2. Understand your online audience. Know what they like and give it to them.
3. Respond in a timely manner to social media interactions.
4. create a “Person” for your social media (like Doc Pemberton of Coca-Cola or the meerkat from comparethemarket.com). Have fun.
__________________________________
Kimberly Deas combines her 10+ years’ experience in telecommunications with a background in personal coaching and results-oriented training.
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» Social Advertising Revenues Rise in Latest BIA/Kelsey Forecast (05/19) | Social Media Advice
In the run-up to Facebook’s ballyhooed IPO, BIA/Kelsey has released Wave III of its U.S. Social Media Advertising Forecast, which reveals overall market acceleration in 2012 and 2013, and steady growth in locally targeted social spend.
From 2011 to 2016, U.S. social ad revenues will climb from $3.8 billion to $9.8 billion (21 percent CAGR). Several drivers will spur this growth: increased market awareness and adoption, improvement in ad unit performance, and greater penetration of dynamic formats such as video (with YouTube as the leader).
The social advertising forecast distinguishes display (Facebook, LinkedIn) from non-display (Twitter’s “promoted” products). however, the emergence of “native” advertising formats — Facebook’s Sponsored stories appearing directly in newsfeeds, as just one example — creates new definitional challenges in display, and online/interactive as a whole.
Local social ad spend will pace with the methodical growth of the larger geotargeted display market, rising from $840 million in 2011 to $3.1 billion in 2016 (29.8 percent CAGR). This would account for 8 percent of the local online/interactive market at the end of the five-year range.
Social Local Media clients can access the full report here, which includes analysis of the key forecast drivers and examination of trends that could shape the market in future waves.
Tags: display, Facebook, social media forecast One Comment
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