Showing posts with label social Media Marketing. Show all posts
Showing posts with label social Media Marketing. Show all posts

Friday, 27 June 2014

How to Optimize Your Social Media Marketing: Study

As a marketer you have many options with your digital marketing. Social media, email, search engine optimisation, content marketing, visual content marketing and now even mobile marketing. We are still learning and have questions.
One simple question I struggled with early on in my social media marketing journey was “how often should I tweet?.”
Now the burning answer to that question didn’t keep me up at night, but I decided to tweet every 15 minutes for 24 hours a day several years ago. Still do. I have been told by some that it is too frequent. Sometimes stones were thrown in my direction.
But I have a certain philosophy on Twitter. It’s not an inbox but a stream. The reality is that the life of a tweet is short lived as it bobs by in the Twitter torrent and is often never to be seen again. This social network’s design means that you have to keep tossing the content into the tweet stream, otherwise you will be missed, ignored and even forgotten.
I discovered some research by Simply Measured which revealed that tweeting every 15 minutes was very effective. How effective? The results showed that tweeting every fifteen minutes instead of thirty led to the following:
  • Increased traffic by 31%
  • Engagement was up by 89%
This means my current practice continues and I rest my case!

How are marketers optimizing their social media marketing?

Social media marketers have many bigger questions than the tweet frequency decision.
So the questions that whirl around marketers mind neurons are many and varied. How many social networks should I be using? How often should I post  on each network? What content and tactics will be effective?
The social media, blogging and online marketing is also a content hungry beast. It is continuous, complex and is made of many moving parts. Google and social networks hate silence. They require constant feeding.
So what are some answers?
recent study by Software advice in conjunction with Adobe has shone a light on the answers to some of those question by revealing the tactics and activities that most marketers are implementing. It did display a range of insights on how to optimize your social media marketing.
To be effective on social media you need to consider the following.

1. How many social media channels do most marketers participate on?

Social media visibility and participation achieves a variety of goals. Brand awareness, lead generation, trust, credibility and sales. The annual Edelmann Trust barometer revealed that people need to hear or see something about your company 3-5 times to believe its veracity. This means placing your content onto multiple social networks will be beneficial in achieving that visibility and build that trust.
The study displayed the following social network participation levels:
  • 23% are on 3 social networks
  • 25% are on 4 social media networks
  • 16% are on 5
  • 10% are on 6 channels
  • 3% are on 11 or more
As all social networks are not equal the effectiveness of each will vary. Also it will depend on whether you are a business to consumer facing organisation (B2C) or marketing to other businesses (B2B).
My participation and focus varies according to a range of metrics and goals including helping drive traffic, sharing, conversions and sales.
How Marketers Optimize Their Social Media Marketing

2. How many social media posts should you be publishing?

Creating social media posts doesn’t mean unique content for each network but re-purposing.  A blog post can tweeted, published on Facebook and Google+ and now even LinkedIn. It can also even be turned into a Powerpoint that can be uploaded to Slideshare. There are four right there!
The study revealed that 70% are posting to social networks at least once a day. That is a good start but that frequency will not make you very visible.
How Marketers Optimize Their Social Media Marketing

3.  How many marketers schedule posts in advance?

A publishing schedule is now a common practice. The study showed that 65% were scheduling at least one day prior with 41% planning up to a week in advance.
How Marketers Optimize Their Social Media Marketing

4. What are the most important social media optimisation tactics?

Giving your content the best chance of being shared means using a variety of tactics to achieve optimal results with your social media marketing. These include in descending percentages as “very important” by marketers:
  • Visual content marketing with images and photos – 50%
  • Hashtags – 35%
  • Targeting – 33%
  • A call to action – 27%
  • Optimizing image size – 23%
  • Use videos – 20%
This displays the importance of images in marketers priorities in social network marketing optimisation. Visual content marketing has become one of the key marketing strategies to achieve marketing goals on socia networks.
How Marketers Optimize Their Social Media Marketing

5.  How do you work out when to post?

This importance of this question will vary for each business. Why? Some are global and then you need to post around the clock. Others are local and then you need to make sure that they aren’t slumbering in an armchair  or watching the “Voice”!
Marketers were found to use a variety of methods to determine their tactics for posting timing including:
  • Trial and error
  • Tools
  • Industry reports
  • A/B split testing
How Marketers Optimize Their Social Media Marketing

6. What goals do marketers want to achieve with social media marketing?

I was intrigued to notice that the top goal wasn’t sales (at only 3%) but gaining followers (20%) as being rated “very important” with business marketers. Social media’s biggest direct benefit is engagement for most businesses. This is the first step in the process to the final resulting sales.
So the mantra in social is “engage  first and sell second“.
How Marketers Optimize Their Social Media Marketing

7. Should I automate my social media marketing?

Automation of social media was seen as an evil tactic a few years ago as it wasn’t true to the essence of social media. Marketers have come to realise that doing “social at scale” requires a platform. The study revealed that the majority (at 57%) are  using software to scale their efforts.
How Marketers Optimize Their Social Media Marketing

8. How do marketers feel about the difficulty of optimizing social media?

When marketers were asked about the ranking of the overall difficulty the majority seem to be struggling somewhat with 55% ranking it as at least somewhat difficult or “extremely difficult”. This isn’t surprising as the large range and differences between social networks is placing heavy demands on optimizing and even participating.
How Marketers Optimize Their Social Media Marketing

Sunday, 2 February 2014

Is this the Social Media Marketing Tipping Point?


Is this the Social Media Marketing Tipping Point
Social media has been with us for over a decade now.
It hit the public consciousness when MySpace started to steal teenagers attention after it was launched in 2003. MySpace even surpassed Google as the most trafficked website in the USA in 2006. At its zenith it had 1,600 employees and was generating $800 million in revenue.
But nothing is forever.
In 2008 Facebook (which was founded in 2004) took the crown as the top social networking site as its unique visitor numbers exceeded MySpace for the first time.

Where is social media now?

In 2014 Facebook is still dominant with with over 1.15 billion users, Twitter has over 550 million registered users and Google+ has reached 359 million monthly active users.
Social media as a marketing tool for business really started to make its presence felt when Facebook created and launched its self service advertising feature in April 2011. Before that social media marketing was restricted to an organic process. Grow your followers on your social networks and drive traffic to your website or blog with calls to action and links.
Social media has promised much for business marketing because it was free and it had viral super powers. Businesses has seized upon this as it matured and in 2013 according to a CMO survey by Duke University is 6.6% of marketing budgets (about $4.6 billion in dollar terms) and is expected to climb to nearly 16% over the next 5 years.
Social media is being woven into the web and is a subset of the digital universe. To provide some perspective digital ad spend according to eMarketer, accounted for 25% of all media advertising budgets in 2013 with over $42 billion in spending.
So social media is still a small part of digital and marketing budgets. But in reality it has just started

The tipping point?

With the evolution of the web there are some events that are small but significant. One of those happened on December 13, 2013. It was when Beyonce launched her latest album with an update on Instagram just captioned as “Surprise”
This broke convention.
Normally millions are spent on traditional media. Lady Gaga hyped her latest album by spending millions on bus advertising, billboards, 2 pop up stores and performed countless interviews. The result. She sold 305,000 copies in 2 weeks.
Beyonce, who has 8 million Instagram followers and over 53 million fans on Facebook decided to go straight to her fans. She decided to give the bus a miss. It was launched directly to iTunes and social media. She invoked the power of  ”World of Mouth”
The results:
  • It sold 828,773 copies in 3 days
  • Twitter reported 1.2 million Tweets in 12 hours
  • It was the largest single week ever in the Apple iTunes store
  • It was iTunes fastest selling album worldwide
The album had been in design and production for over 18 months and was highly visual and was sold as a full album for $15.99 including 14 songs and 17 videos.
This has some implications for marketers and business that goes beyond a celebrity with millions of social media followers.

The lessons and what can you do

You may be not a Lady Gaga, Beyonce or a famous singer but the lessons are there. Start building your “own” digital assets. The world has changed. It is digital and it is social.
  • Take control of your own digital future and build your own online assets and authority.
  • Grow your social networks now. The priorities are still for the most part Facebook and Twitter. It will also depend on the demographic, audience personas, media preferences and industry. So you will also need to consider Instagram, Pinterest, LinkedIn, Slideshare and YouTube. It will also be determined by whether you sell to business (B2B) or to consumers (B2C).
  • Create the best content you can. Repurpose it in a range of media including visual.
  • Publish and promote it everywhere on social media.
  • Don’t forget your other digital assets. This includes a blog, search engine optimisation, continue to increase your email subscriber list and keep up your content creation. It also means using content marketing in your mix.
  • Boost your marketing with paid and targeted social media advertising. It doesn’t have to be expensive. You may need to get marketing traction fast and can’t wait to build the social networks from day one.
It sounds rather daunting doesn’t it? But to remain relevant on the social web and to build online authority you have no choice.

Read more at http://www.jeffbullas.com/2014/02/03/is-this-the-social-media-marketing-tipping-point/#2K5zXY5RWZM94rY4.99