Edelman Trust Barometer 2012: CEOs down, Social Media getting better…

Year on year, Edelman’s Trust Barometer checks the credibility and trustworthiness of politics, companies, CEOs and media from a quite generalistic point of view.

The findings for this year were published in the 2012 Edelman Trust Barometer, a global survey which came out yesterday in its 12th year. The survey offers insights from over 30,000 people in 25 countries with the main focus on “Informed Publics”. By “Informed Publics” Edelman sees college-educated people between 25-64 years of age that are among the best earners in their countries and describe themselves as heavy consumers of media information.

Obviously interesting for me were two things… How are people trusting CEO’s after CEO’s criticized their marketers some month ago in a study by the Fournaise Marketing Group. And also, how are consumers worldwide gaining trust in social media as a source of business information.

Let’s start with the CEOs first.

When Edelman asked respondents how credible information coming from a CEO would be, 38% replied they would trust the information. Although this sounds not bad, it is a 50% dump from last year and the biggest drop since Edelman started doing the survey 12 years ago. And although government leaders were less trusted than CEOs, in more or less all the countries responding, 49% would want to see an increase of government regulation of business.

And how about consumers’ trust in Social Media?
Well, let’s put it that way… Social Media is on the rise but still lags behind corporate websites and traditional media. So, you marketers should better not rely solely on Facebook, Twitter and Google+ pages.
The 2012 survey tells us that 14% of respondents see Social Media as a trusted source of company information — an increase of 6% to one year ago. But it’s still getting the lowest trust score of the four options shown below. This comes close to the trust in company websites (16%). Traditional media still is top of “news pops” (32%).

Spot On!
So which business is trusted most? Technology companies are most trusted with 79% saying they believed tech companies do the right thing. Indian, Chinese and the United States tech companies earn most trust, UK, France and Germany rank lower. Trust in financial services companies and banks soars, and those companies are the least trusted businesses. 47% said they trusted banks to do what is right. 45% saying they trusted financial services companies.

Who do you trust? Would you agree with these Edelman findings?

Study: Social Sign-in generates 50% more time spend on websites

Isn’t it hard to get people on websites in general? And even more to keep them there reading as much of your business information as possible? How much time do your customers spend on your site? If you are not satisfied with the results you achieve with your visitors, here is some information that might boost your website staying time.

A recent research by the SaaS technology company Gigya helps companies and brands to become more social in order to engage more with their customers. And if they are doing their job properly, their aim is always to get people from social platforms to their website for a better conversion.

The Gigya research states that companies and brands, and obviously their websites, can increase the stickiness of their desired target groups with their website just by encouraging the coming back effect of visitors through social logins.

The Gigya’s results illustrate that site owners who implement Facebook Connect, Twitter sign in or Yahoo Login will be the winners. Users spend 50% more time on websites when they’re logging in through social networks. Just imagine if users spend four more minutes after a social login – whether it be on the Web, the mobile web, or apps. All of these options were tracked by the Gigya study.

The value of Facebook Connect in terms of giving an option to easily log-in on different other platforms and sites makes people carrying around their social graphs wherever and wherever they are online. And with all these connections our closest fellows, fans and friends find our restaurant reviews, cinema recommendations and places where I am immediately. With a target group of approximately 800 million users Facebook states a case for social sign-in opportunities.

The findings also show that it is the most popular source of social logins with 61%. It gets followed by Yahoo with 15% and Google 12%. It surprises me that Twitter is only at 10% and LinkedIn just gets 2% although we have over 120 million LinkedIn user. And users who logged in with a social network double the view of pages on a website.

Another interesting aspect is that with social plugins, users generally spend the most amount of time on the site, and page impression increase does obviously follow. Companies and brands should think about integrating value-add areas with log-in or comment or Newsfeed functionalities as the later come in first when it comes to spending more time with the site. So, add a comment section.

Spot On!
Some months ago, we already mentioned the importance of social sign-in processes with a study by Janrain and Blue Research. In that study, 42% agreed that companies offering a social sign-in option “are more up-to-date, innovative and leave a positive impression compared to those which do not offer this capability” on their sites. Well, it seems I should start thinking about integrating social sign-in here… From a comment technology point of view, which option would you recommend? Livefyre, Disqus,or the WordPress standard…? Open to suggestions…

Study: Social sharing buttons in email increase click-through rates

Studies from AddThis and ShareThis have illustrated how sharing trends may boost marketing efforts and how to best use them for marketing efficiency.

The latest research from GetResponse shows the influence of social sharing on email effectiveness. The study which compared social sharing preferences of email marketers, analyzed Social Media sharing via Facebook, Twitter and LinkedIn in over 2 billion email sent by customers of the email marketing provider.

The GetResponse study also found that 51.9% only use one social share icon, while 40.6% use two of those, 7.4% three, and only 0.1% four icons. Those companies that offered at least three social sharing opportunities succeeded with a 55% higher click-through rate (CTR). The findings state that the number of marketers who include social sharing buttons in their emails increased to 18.3%. This is an increase of 40% from last year.

It seems that marketers understand the benefit of shirring for their marketing efforts: more reach, more traffic, more engagement, more sales. Email including social sharing buttons had a higher click-through-rate of up to 115%: Emails that included social sharing buttons had a 5.6% CTR which stands against 2.6% CTR for those that did not use social sharing buttons.

The infographic below shows the main results of the GetResponse’s study but also illustrates the importance of connecting all social efforts with traditional marketing to succeed.

First Social Media Stats Summary 2012

In 2011 Social Media caught the attention of most businesses and their bosses. Dream Systems Media visualized the most important data in a nice infographic that illustrates the main Social Media stats in 2011 and gives a starting point for 2012. The summary of data was done by Sarah Evans at AdAge.

As most of us know Facebook has grown their business to 800 million active users which is an increase of incredible 200 million users in one year. LinkedIn and Twitter were also very successful. LinkedIn has 135 million active users (64 million in North America alone!). Twitter knocked down the 100 million user barrier.

Some more key stats that the infographic points out…

Facebook stats
- The average Facebook user has 130 friends and likes 80 pages
- Every week there are more than 3.5 billion pieces of content shared on Facebook
- 56% of consumer are more likely to recommend a brand after becoming a fan

Twitter stats
- 55% of Twitter users access the platform via their mobile
- 40% don’t tweet but monitor conversations
- 34% of marketers have generated leads using Twitter

General stats
- 30% of B2B marketers are spending millions of dollars each year on Social Media marketing
- Almost 30% of these users are not tracking the impact of this marketing
- 20% of Google searches each day have never been searched for before

And, believe it or not… From the more or less 7 billion people on earth 4.8 billion have a mobile and only 4.2 billion own a toothbrush.

2012: Think Social Business, live Community Centric Strategy

2011 was a great year for Social Business!

Social Business got the right attention and awareness. And those companies which thought that “social trend” might go away, found themselves in business meetings, workshops, seminars, webinars with me, or conferences where people gave me the honor to be the moderator. After all, the feedback was such that I can definitely summarize the 2011 Social Business success with the opening statement.

What happened in terms of Social Business in 2011 and what is the outlook for web marketers in 2012…?

Well, first of all companies spend more time and resources understanding the challenge Social Media and Social Networking from a business perspective. We got the proof that European bosses don’t have to be persuaded to see the benefits of Twitter, that Social Media is a big internal topic, and that Social Business is critical to future business success.

ROI aspects are still key for Social Business performance. Nevertheless CMO’s were often lacking the right plan even for their Social Media efforts – and often CEO’s doubt their business credibility.

Job offerings spread around Europe, although sometimes clients asked me whether the offering is correct from a capabilities point of view. Often these openings were meant to be Social Business, in terms of a team-orientated or community-centric positions, but ended up being a “one-man-show-responsibility”: the Social Media Manager – although we all know about the importance of a multi-layer framework to set up a proper Social Media strategy.

From a client perspective companies were still very much in the broadcast or advertising mode. And the perception gap could easily be made out. Although communities were their targets, and many companies and brands tried their best to generate engagement around their business, many of them were still in an advertising scenario and mindset, instead of trying to think about change management in terms of culture and people.

Ultimately, companies have a massive opportunity in 2012 to change their perspective and become Social Business driven with the right teams…
- Teams that work with customer market intelligence.
- Teams that scale the business with social commitment.
- Teams that crave content for leadership and insights.
- Teams that understand business touchpoints in new context.
- Teams that leverage synergies between companies and brands with an appropriate plan.

And these teams don’t work internal or external. These teams group together cross-channel through Community Centric Strategy by understanding the 5C’s as the engines of Social Business: Competition – Commitment – Content – Context – Collaboration.

Finally, Google+ started listing brand pages in organic search results. One of my successful posts from November appears in the first page of the organic search results (see picture last entry).

Status updates will become a game changer in the social ecosystem and boost brand awareness. If companies and brand are blogging they should consider this in their SEM/SEO and keyword strategy when posting your topics on Google+. Marketers should consider this and watch out if this should not affect Facebook and Twitter marketing activities. Maybe it is time to invest more in content marketing…

Spot On!
All roads might lead to Rom – not many to lead to a Social Business. Companies that will work with the Community Centric Strategy in 2012 can close the perception gap between consumer and customers on their journey to companies. Social Business is about people and culture. The 5C’s of the Community Centric Strategy is a new way to Rom… but it will leave the “customer chariot” at home.

Study: Social Media Marketing Budgets 2012

A recent research by StrongMail states that companies will increase their spendings for Social Media in 2012. Only Email marketing beats the Social Media hype with a budget boost of 60%. And this still happens in times when some high tech offices abandon email from their office already.

However, 47% of the responding companies see the integration of Social Media into their Email Marketing programs as a necessary step into the future. They strive to strengthen the reach of their company web pages in Social Networks like Facebook or Twitter.

Still surprising for me though is that the biggest portion of their budgets will be going into Facebook Marketing with 39% of the respondents planning to spend more in the leading Social Network. Is Facebook still seen as the best ROI driver from a marketing point of view? Is no marketer thinking back and remembering to the old MySpace era these days…?

A good sign for me is that companies also start investing Social Media Management Tools (25%) and in Twitter (24%). Let’s hope they also start to understand the value of context, and don’t just invest in the broadcasting part of Social Media (app development, content production, etc.).

Spot On!
According to the study, the mobile marketing invest that marketers are planning goes predominatly still in developing and building apps for the relevant smartphones in the market (29%), followed by mobile advertising (22%) and still… SMS programs (20%).

Somehow scary is the fact that 24% don’t plan to invest in mobile and another 24% are not sure/don’t know if they want to invest in mobile. Don’t you think it is time to start seeing the mobile future?

The CEO of the future is social

This new infographic from CEO.com illustrates that more and more CEOs are figuring out social media and finding great benefits as a result. Some weeks ago, we could see in a study that European business chiefs understand the power of Twitter and support its use these days. It seems Social Media is making its way to the C-levels.

Will the CEO of the future really be more social…? Let’s see…

TV & Online: Convergence or Collision?

In the digital tech space, we’re already seeing radical changes in television as it begins to converge more and more with the online world. Think about the massive transformation that TV has already gone through – starting with the humble video recorder to the range of connected satellite / cables boxes and gaming consoles – fundamental changes that TV is now more or less just a monitor. Not so very long ago, TV used to be considered the “lean back” medium and digital as “lean forward.” But, this no longer seems to apply as we increasingly use multiple connected devices to watch TV content and that large screen in the home is often hijacked by our game-playing teenagers. So, what’s going on? Is TV having an identity crisis or are we finally at a point of convergence or collision?

MediaMind recently held its annual Digital Experience Day (DED) 2011, a global summit series held in North America, Europe and Asia, that brought together leading industry leaders and experts to explore the consumer changes that are happening now. We explored the interactive and social experience that TV now provides. TV no longer offers a passive, social experience where one has to huddle around the same set and fight for the remote control. In fact, traditional ways of viewing television are now competing with the plethora of tablet devices on the market that keeps viewers entertained and occupied from just about anywhere they choose. But it’s not just about replacing the larger screen with smaller ones, we are increasingly bonded around quality content – from TV shows to interactive games – and utilizing Social Networks to fulfill those real-time experiences and discussions between multiple viewers scattered across numerous living spaces.

Recent research from Nielsen shows that the average US home with a cable subscription receives 130 channels and yet tunes in to only 18 channels. That means 86% of these channels are never watched, suggesting that channel surfing is dead; challenging costly cable subscription models. And yet, of the $500 billion in global advertising, TV advertising still takes the lion’s share. By 2015, it’s expected that 50% of Internet users will watch TV content through online connections.

But that’s not to say TV as we know it is dead; quite the opposite. TV has a quality and scale that digital has yet to achieve. We will always need linear video content, but we just won’t need to consume it in the same way that we used to. We are now in the beginning stages of the marriage between online and offline. And for this to work out successfully, TV planners need to understand how digital works and vice versa. We are already seeing agencies using an iGRP to buy reach across media channels to maximize cost-efficiencies. These agencies are hoping to have completely integrated media buying teams within 18 months.

It’s both a convergence and a collision. On one side, we have a chance to reset our thinking and talk about enhancing the branding mechanism by overlaying interactive experiences via a mobile device and measure TV content through real-time social discussions such as comments on Facebook and/or Twitter. Yet the danger is as we seek to measure TV in the way we do online, it runs the risk of squeezing TV advertising budgets to the likes of online DR forced to justify spend via call to action. There are interesting times ahead for the whole media community and it certainly was the hot topic of debate at DED as we debated through the challenges of moving towards app-driven Smart TVs.

This guest post was written by Dean Donaldson, Global Director of Media Innovation, MediaMind. Dean and I often meet at different international conferences and events to chat about the future of the web world. You can read my view on the DED2011 in the post The multiscreen world is evolving.

Tags: Brand, Budget, Change, Community, Content, Facebook, Future, Marke, Media, Mobile, Networks, Research, Search, Share, Social Networks, Twitter, User, Video, Vision

Active or passive? Don’t forget the “Social” in Social Media!

18.11.2011 von Martin Meyer-Gossner  
Kategorie English Content, Social Media

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The last two weeks I have been on the road in Germany, Austria and Italy, and it was great being in the offline world. Speaking engagements and panel moderations with real people, virtuals aside most of the time. Sometimes I went online in the breaks but did not know what to post or what value I could share with my social graph. Sometimes as there just was nothing exciting. Sometimes as time did not allow it. And to be honest, I did not even have the creative spirit between webinars and seminars for my quality standards. Productivity had to come to a rest.

I just preferred being quiet. And guess what: It does not hurt! Probably nobody missed me. My messages. My input. My sharing.

Often I just reacted. Saying “Happy One!” to my friends or business partners. Giving quick feedback on questions I was not even personally addressed. People liked it though. And I realized how great it is to work with teams that appreciate the ideas and thoughts you give just them without sharing every joke or funny story straight away. I found that approach of doing conversation and being productive quite “social” last week.

Stimulation instead of penetration.

At some stage I wanted to participate and be more active in the conversations with my social graph again. So I checked Twitter what’s up. In the first five tweets I found the video below which was a perfect kick-off for the training I had the pleasure to do. A big insurance company had offered me the chance to train their coaches and internal personal (executive) consultants on Social Media strategy.

I started off with the video below and I can assure you: We came back to the message of the video, the tactical ingredients and the strategy topics at least 25 times in two days. And I told them again and again… “Don’t forget the “Social” in Social Media! Let’s be honest: How often do we forget it?

Tags: Media, Productivity, SEM, Share, Social Media, Twitter, Video

Study: Users „like“ brands for deals, discounts and coupons

08.11.2011 von Martin Meyer-Gossner  
Kategorie Featured Stories, Sales, Social Media

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Harald Wanetschka / pixelio.de

While Vitrue just found out how to get more “Likes” and engagement on mobiles, another new study by Nielsen/McKinsey’s NM Incite shows what the real value of “Likes” is. Although many brand marketers are working on the ROI, most companies still try to find some more value in the social engagement of consumers.

The Nielsen/McKinsey’s NM Incite global online consumers’ research states that the main reason for following or liking a brand or company on social networks is to receive discounts and special offers.
“While some may argue that consumers’ interest in discounts has faded, Nielsen data shows the desire for deals is still strong worldwide,” concluded NM Incite.

The results correspond with the study by ExactTarget and CoTweet from last year. The former study made clear that 40% of brand fans like a page predominantly for their doscounts and promotions.

The new NM Incite finds even higher figures. Almost 60% of US social media users visit social networks to receive coupons or promotions. And even more, 23% do this on a weekly basis. 45% of North American consumers had the strongest interest in using social media for deals, followed by consumers in Asia-Pacific (34%) and Latin America (33%).

Social deals hunters “Like” at home and at workplace
For most people it does not matter whether they are at home or at their workplace when using the benefits of the Social Web. A sample of ten major markets shows that nearly 40% of active Web users check coupons and rewards sites such as Groupon, Coupons.com and Living Social from home and work computers in September. However, there are respondents -under the age of 20 and 55- to-59-year-olds- who were less likely to follow brands for discounts. Here friends’ recommendations are the drivers for social engagement.

Spot On!
“Social deal hunters” are obviously also visitors of social networks and blogs. NM Incite found a strong overlap. In their test phase in September, 43% of visitors to social networks and blogs also visited a coupons or rewards site. And, 44% of Facebook’s audience and 63% of Twitter’s audience visited these deal sites. The study concludes that Facebook becomes a key source of traffic to Groupon and Living Social. Groupon’s and Living Social’s visitors came directly from Facebook. This also shows the link between deals and social networking sites, and how companies can motivate consumers to deals.

Tags: Brand, Coupons, Discounts, Facebook, Groupon, Marke, Media, Mobile, Networks, Recommendation, Research, Search, Social Deal Hunter, Social Media, Social Networks, Study, Twitter, User

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