How important do you see social search for your brand or your company? Not much. Well, you might reconsider this answer when you have read some of the stats provided by Prestige Marketing in the following infographic.
The compilation of figures and data gives some insights in why brands need to understand the benefits of social search.
- When exposed to relevant branded media, consumers are more likely to click your information: search click-through rates increase 94%.
- Comparable to the Nielsen findings some months ago, 78% of consumers trust personal recommendations over search result rankings.
- In order to make purchase decisions, 48% of digital buyers use search and social media for their buying decisions.
“Social search engines use data from social networks and online relationships, including rating, shares, and likes, to determine the display order of search query results,” claims the infographic.
The following infographic will tell you more about a toppic you might not really be spot on…
In order to demystify the myth around social influencers, brand fans and brand advocates, we will discuss the topic in the future with different leading marketing specialist of emerging platforms and different cloud marketing providers.
In this first interview The Strategy Web spoke with Kevin Bobowski, Vice-President Marketing at Offerpop, about social influencers, their relevance for brand perception, and how he sees the future of brand advocates.
TSW: Will social influencers and brand fans ever play a role in the sales process of companies?
Kevin Bobowski: Brand advocates and social influencers already play a key role at every stage of the customer journey – often simultaneously. Through sharing branded content and recommending products, they build brand awareness, move prospects through the consideration cycle, and help convert those prospects into customers. Companies must do more to nurture the relationships with influencers and advocates, formalizing their involvement in the buy cycle.
TSW: Why is it so challenging for marketers to find and leverage real brand fans?
Kevin Bobowski: I think that most social marketers have a sense of who their real brand fans are. The challenge is in translating that knowledge into real business value. To do this, social marketers must break out of the “social silo” and play a bigger role in impacting marketing strategy. For example, they might work with email marketers to create campaigns that target brand advocates they’ve identified with exclusive rewards. Their ability to communicate their insights across marketing organizations will have a long-term impact on conversions.
TSW: What is a successful tactic to build a strong database of brand fans?
Kevin Bobowski: Marketers should run consistent, engaging social marketing campaigns. These campaigns build strong, active fan bases, and hit other key goals like email capture and sales. One standout tactic: hashtag campaigns. They incentivize fans to share user-generated content, which deepens their relationships with brands. Many brands promote them through traditional channels like TV, and encourage participation through multiple social networks. This grows their viral reach, leading to fan growth and engagement.
TSW: When is a brand fan converting into a superfans?
Kevin Bobowski: Our definition of a superfan is a customer who consistently shares your content, advocates your brand, and influences others to form relationships with your brand. Marketers should track the interactions, loyalty and influence of their fans, and use those insights to create more targeted, ROI-driven marketing efforts across every channel.
TSW: How does Offerpop help to boost the value of brand advocates?
Kevin Bobowski: Offerpop social campaigns help brands boost the value of brand advocates in a number of ways. Number one, we encourage fans to amplify brand messages (through retweeting, sharing, etc.) Number two, we help brands run campaigns that inspire engagement and brand affinity. Brands use our platform to capture rich data about their fan base, which enables them to cultivate relationships with them through multiple channels, like email, direct mail, etc. And they also help brands capture user-generated content, which brands can choose to showcase in a number of ways. All of these actions help brands deepen relationships with their advocates and increase the virality of their messaging.
TSW: Thank you for taking the time to talk to us.
Kevin Bobowski leads all marketing efforts at the social marketing platform provider Offerpop including branding, product marketing, demand generation and digital marketing. Prior to Offerpop, Kevin was the Vice-President of Product & Solution Marketing at ExactTarget where he was responsible for the strategy and execution of ExactTarget’s go-to-market strategy, demand generation programs and product launches.
No, I am NOT normal! I am not a normal MINI fan. I am a brand advocate of MINI. And maybe that is the reason why I like and share this campaign from my favorite brand.
With their campaigns MINI in the UK celebrates the NOT NORMAL relationship of their friends, fans and followers. A relationship which reflects a deep connection to their cars. Not MINI conquered many, many digital billboards with professional spotters. Target: Engaging MINI fans while they are driving. Special cameras were set up and placed to reward MINI drivers. Isn’t this a cool idea from MINI?!
As a fan of the series “Mad Men” TV series, I have to share this comparison of the sales profession development with you. When we compare the decades from 1950-2010, we realizte that there were some significant differences. From Don and his friends’ wild office parties and massive whisky as well as martini consumption to a straight organized reality where sales automation has taken over and social media rules the communication between people.
Although, we still here at the universities and in seminars from the advertising Gods like Leo Burnett and David Ogilvy, Don Draper’s world has seen a radical shift in sales profession. But in which direction…? The guys from Leads360 have created an infographic that defines the main trends we saw lately…
- 1960: In-person pitch.
- 1970: Door-to-door vacuum pitch.
- 1980: Not really specified in any direction…
- 1990: In the beginning email messaging, later customer relationship management (CRM)
- 2000: Social integration (Social Media)
- 2010: Intelligent sales automation
“Over the last 50 years, many of these fundamental sales strategies have remained incredibly valuable,” states the infographic. Maybe you find the reasons why when reading through it.
Today, we are talking of Facebook as the barbeque with “friends and fans” and of Twitter as the chatter at the toilet. Well, it seems that we haven’t moved away from socializing. Maybe we just need to add some drinks next to our screens…
It is one of those generations marketers always try to understand and get their heads around as these young people will significantly define the future of brands: Gen-Z (18-23 years) is changing the way marketers have to do their communication around brands and companies. They are closer to and trust more Social Media and mobile than other generations, but they also still like email. At least if we believe in the results of one of the latest Forrester report.
The report author Tracey Stokes stated in blog post last month “Gen-Zers are open to a relationship with brands, as long as those brands are authentic and live up to their high expectations and consistently deliver what they need”.
For the Gen-Z target-group the world means anyone, anytime, anywhere, anyhow. The digital communication world sets no limits for them. Unsurprisingly, according to the Forrester report, this generation will consume more media online than offline. However, there is also a massive challenge for the world to come as distraction is a massive issue in the world of Gen-Z’ers.
The study makes clear that 84% multitask, using an Internet-connected device while watching TV. On average, this target-group is working with 1.5 other Internet-connected devices (e.g., laptops and cell phones) during their TV sessions. While some earlier study from Nielsen tells us that ads and promotions are not so much trusted these days, the Forrester study claims that the Gen-Z target-Group trusts online content -also ads and promos- more than other generations.
Blogging also adds to the credibility of companies and brands in the Gen-Z generation. The research states tat 22% of the surveyed Gen-Z consumers state they trust somewhat or completely posts by companies or brands on social networking sites. Compared to other generations, this is almost 49% higher. Also, the Gen-Z target-group is 48% more likely than other generations to trust somewhat or completely the content on mobile applications from brands. Even text messages from brands are trusted still. Still, search remains one of the biggest forms to get access to content.
The Gen-Z target-group is facing many forms of communication, promotions but also a massive variety of brand messages. This makes buying decisions more difficult for them but also turns them into a demanding form of consumers. Getting into conversations becomes the main business approach for companies and brands. The old penetration and persuation way of communication won’t work with the Gen-Z tagret-group. The more brands participate in the brand conversations, the more the target-group will open up to receive the brand messages. However, the fluid transition between online and offline communication is essential in brand communication. Marketers should better prepare their business to deliver a seamless brand experience.
What experiences did you make so far with Gen-Z…?
For most companies Social Media is still the main tool to leverage external communication in a modern world. it is seen to be the integral part of modern business playground. However, a study by FedEx and Ketchum called “From Social Media to Social Business” define the internal transformation that enterprises are going through with their internal communication.
The study asked 85 executives and communication “thought leaders”, people like Jeremiah Owyang or Brian Solis, and different executives from enterprises like AT&T, IBM, Bank of America, or G.E. among others. The executive came from large companies. Most of them (88%) have 2,000 or more employees, and the majority showed annual revenues of more than $2.5 billion.
It makes clear that the external versus internal divide in how Social Media is executed definitely exists. The external point of view shows that 69% of executives aim at increasing brand awareness among clients, and 68% said they aimed to increase brand awareness versus general public as their major business goal when using Social Media. And when, 51% think their companies foster Social Media best ways to improve relationships with customers, it shows the power execs expects to arise from online conversations.
The funny thing is that, although 88% monitor online conversations, 84% also doubt the effect that measurement offers. Still, they believe in it. The target executives are predominantly looking at is 84% engagement, 69% impressions, and 53% influence.
From an internal perspective, 85% of respondents find an increase in employee participation through Social Media in the last year. Sharing expertise and collaboration is for 44% the main aim, but also internal programs and initiatives get their boost for 38%. For 64% of executives Social Media changes the way companies’ communications, marketing, or HR teams is executed by their employees.
Although companies are not quite clear about the challenges (data privacy, transparency concerns or legal issues) that arise from Social Media engagement in both ways, internally and externally, many companies see the benefits. The study comes to the conclusion that “the impact, value and reach of social tools is expanding beyond the realm of consumer/brand management, and transforming organizations into social businesses. Social tools are increasingly being leveraged inside organizations, impacting internal interactions, culture and structure.”
Would you agree with that? Or what are the challenges that arise from fostering social business?
While Facebook turns more and more to search and ad exchange budgets, Google is still riding the mobile wave. In many moderations over the last two years, I could listen to their attitude towards building mobile websites, and why these are important to the business of the future. However, companies often resist to face the mobile evolution and still stick to their conventional desktop websites. Not to mention what this does to their brands when the user experience is driving into a nightmare of usability and readability.
To get more attraction for their mission, Google has now published some research data on their blog that will help them to evangelize in the mobile business world approach. The benefit for Google is obvious. The more people use mobile sites, the better the experience in mobile usage, the more people tend to approach the Google search which means more marketing budgets into their hands.
In their research of about 1,100 U.S. adult smartphone users conducted by market research firms Sterling Research and SmithGeiger, Google gives some handsome advertising tips to make marketers better understand and evaluate the power of mobile.
The key findings can be summarized as follows…
- 67% of smartphone users state a mobile-friendly site makes them more likely to buy a company’s product or service
- 74% are more likely to return to the site with a good experience later.
- 61% made clear that when they don’t find what they’re looking for (in roughly five seconds), they’ll click away to another site.
- 50% of respondents said even if they like a business, they’ll use its site less often if it doesn’t work well on their smartphone.
- 72% see a mobile-friendly site important to them, however 96% have visited sites that aren’t.
The Google study advices marketers to create a fast mobile site with big buttons and text, and simplify the mobile experience in terms of keeping steps to complete tasks to a minimum. For sure, Google did not forget to promote the site with Google mobile ads with some good results: two-thirds of people who use search find a site. Their conclusion is that “having a great mobile site is no longer just about making a few more sales. It’s become a critical component of building strong brands, nurturing lasting customer relationships, and making mobile work for you”. There is not much more to add.
Still, we would be happy to hear from your mobile experience – with or without Google. Did you change your site lately and what did it do to your sales?
Interview: “Social Business = Creating a smarter workforce & a proven solution to business challenges”
One-on-one interview with Ed Brill
Ed Brill is Director, Social Business and Collaboration Solutions, at IBM. Brill is responsible for the product and market strategy for IBM’s messaging, collaboration, communications, and productivity products, including Lotus Notes and Domino, IBM SmartCloud Notes, IBM Sametime, Lotus Symphony, IBM Docs, and other related social business solutions. Brill’s focus is on extending and growing the success of these solutions through customer engagement, partner ecosystem development, and harnessing the breadth and depth of the IBM organization.
The Strategy Web spoke with him about the relevance and future of Social Business.
Why is Social Business not only a buzzword?
Leaders in every industry are leveraging Social Business technology to disrupt their industries and create competitive advantage. They are improving productivity and unleashing innovation by tapping into the collective intelligence inside and outside their organizations. With social, they’re creating a smarter workforce and proving that social business isn’t just a buzzword, it’s a proven solution to business challenges.
According to Forrester Research, the market opportunity for social enterprise apps is expected to grow at a rate of 61 percent through 2016. According to IBM’s CEO Study, today only 16 percent of CEOs are using social business platforms to connect with customers, but that number is poised to spike to 57 percent within the next three to five years.
What does it take to make a business “social”?
Organizations have quickly learned that a Social Business is more than just having a Facebook page and a Twitter account. In a Social Business, every department in the organization has embedded social capabilities into their traditional business processes to fundamentally impact how work gets done to create business value. A Social Business utilizes social software technology to communicate with its rich ecosystem of clients, business partners and employees.
Social business is a strategic approach to shaping a business culture, highly dependent upon transparency and trust from executive leadership and corporate strategy, including business process design, risk management, leadership development, financial controls and use of business analytics. Becoming a Social Business can help an organization deepen customer relationships, generate new ideas and innovate faster, identify expertise, enable a more effective workforce and ultimately drive its bottom line.
What does it mean to change the culture of a company?
Changing an organizations culture to embrace social must start from the top. Senior leadership must buy in and promote a culture of sharing, transparency and trust. Recent studies by IBM see this shift, today’s C-Suite recognizes the potential of social. Consider this, according to IBM’s 2012 CEO Study, today only 16 percent of CEOs are using social business platforms to connect with customers, but that number is poised to spike to 57 percent within the next three to five years. Similarly. IBM’s 2011 CIO Survey of 3,000 global leaders indicated that more than 55% of companies identified social networking as having a strategic significance to their company’s growth. And finally, 2011 IBM CMO Study reports that CMOs are using social platforms to communicate with their customers, 56 percent view it as a key communication channel. These senior leaders are the key to social business adoption and there’s a real shift occurring, social business is now a business imperative.
What role is the flexible workspace playing in the process?
Companies are able to build virtual teams out of expertise and leadership, regardless of their physical location or title on the organization chart. Today’s workforce expects to be able to share, post, update and communicate with colleagues, customers, and ecosystem using social tools to get real work done. Through those tools, employees who work remotely, use flexible “hot desks” in company offices, or open floorplans can leverage tools for instant e-meetings, video and audio tools, and embedded applications to process knowledge and activities faster and deliver more value to the organization.
What’s your advice for companies to become a “social business”?
Companies around the world are now focused on becoming Social Businesses, Forrester Research estimates that the market opportunity for social software is expected to increase 60% annually. But perhaps the most daunting part of becoming a social business is how to start the journey. That’s where creating a Social Business Agenda plays a vital role. In order to become successful in social business, an organization needs to create its own personalized Agenda that addresses the company’s culture, trust
between management and employees and the organization and its constituencies, engagement behind and outside of the firewall, risk management, and of course, measurement. The sponsorship for such an activity can be driven by leadership, lines of business, or other organizational catalyst roles.
Did you not ever want to know what the best day for a Social Media marketing campaign could be? Well, you can get some good indication with the following study…
Many Facebook campaigns go live on Fridays. However, the day that generates most user engagement for a campaign on the social network is the Tuesday, which ranked only fourth in terms of the number campaigns conducted. These are some of the findings of a recent study done by Yesmail Interactive. The results are based on a three-month study of consumer engagement with online campaigns for 20 major retails brands, including Abercrombie & Fitch, Gap, or Ralph Lauren among others.
The study with the title “Using Digital Market Intelligence to Drive Multi–Channel Success” figured out the customer engagement of campaigns on the most popular social networks. In order to understand campaign engagement, it compared the relationship between ”volume-based engagement” of Facebook campaigns (number of “likes” or comments a campaign generates) and “actual engagement analysis”. The finding is quite obvious, in that the lower the brand “likes”, the fewer likes and comments a brand on Facebook gets. Still, independent of the size of their fan base, some retail brands generate higher engagement levels than others through Facebook. Nevertheless, average-performing brands still performed as engagement winners, including i.e. Ann Taylor, Eddie Bauer or Kenneth Cole.
Although, we have already reported that a balanced frequency in posting status updates is important for the success of a Facebook campaign, there is no blueprint and guarantee for success. The most engaging brands had deployed between 20 and 32 campaigns per month. Compared to the five least engaging brands with 54 campaigns per month, it becomes obvious that posting less frequently is better. From a timing perspective, the best Facebook engagement was generated for campaigns launching between 10 pm and 12 am Eastern time (EST) which was also the least-used deployment time slot.
For Twitter, the research showed that most Twitter campaigns (20%) were conducted on Friday, which again is the least engaging day for such campaigns. Almost on the same engagement level performed Tuesday, Wednesday, and Thursday as those most engaging campaign days. Over 84% of all Twitter campaigns were deployed within regular work hours (between 9am and 7pm EST).
The performance of the 20 retail brands on Twitter showed big differences. Although Forever 21 came in first in terms of follower base, the brand’s campaigns showed significantly lower engagement among followers than the campaigns of brands with smaller follower bases.
The five most engaging brands did 45 to 70 Twitter campaigns per month on Twitter versus the five least engaging brands with an average number between 95 and 115 Twitter campaigns per month. It shows again that lower frequency is better than big blast promotions. If marketers want to generate high engagement, they should place their campaigns between 5 am to 6 am and 7 am to 8 am EST.
In terms of YouTube campaigns, the study found that 85% of the brands studied have a YouTube channel. Still, just 35% deployed campaigns during the research period. Some more findings indicate that on average, retailers conducted 3.5 campaigns per month during the study. The best day for interaction occurred to be Monday. Do we have to mention that this was the least likely day for campaign deployment? YouTube campaigns deployed between 2 am-3 am EST found the highest engagement rates.
The study is based on campaigns conducted from January to March, 2012 via Yesmail Market Intelligence. The selection of brands focusses on 18-35 year-olds as of their digital communication interest.
We have already shared some information on a Google and Compete study that shows why B2B and mobile have a close connection. And the most relevant information from a mobile point of view can be taken from eMarketer graphic.
The importance of mobile for B2B is partly as business decision makers are frequent travelers, thus most connected business people, and partly as smartphones and tablets have given them a new freedom. And today, we also know from CNBC research that executives in Europe see the increasing value of being engaged on Twitter. B2B managers can and have their conversations anytime-anywhere from their devices.
But what is the marketing potential it offers for companies then?
As business decision makers by their definition have to be fast in their decision making process, today’s professionals need to be connected, informed, and productive wherever they are traveling, or whenever they are in meetings. As of that mobile devices give B2B marketing new opportunities to open up new relationships if using apps, QR codes or video in an intelligent way.
In her YouTube channel, on Twitter and in her blog) Christina CK Kerley shares her knowledge on mobile B2B strategies alongside some good cases. Her latest video gives some insight in how B2B marketers can use mobile to connect the offline and the online world in order to leverage B2B printed ads, to integrate the customers’ voice into video, or to bolster B2B thought-leadership content through images, video and text.