Tag Archive for: Online Marketing

Study: Content marketing investment on the rise

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A recent study 2015 Content Marketing Survey by content marketing agency Castleford states that the amount of marketers committed to content marketing is increasing. According to their results 65% (compared to 48% one year ago) of marketers want to boost their content marketing next financial year. Their plans is to invest more in time and resources.

Even more, 97% of participants of the survey said they will increase or retain their current level of investment. And the respondents also face the support of their C-level executives. Of the responding marketers 76% replied their C-level executives viewed content marketing “quite positively” or “very positively”.

Obviously, there are also some challenges involved in content marketing creation wit time (45%) and budget (29%) being the biggest problem. Just, 3% that mentioned their C-level buy-in is their biggest challenge to content marketing will be probably persuaded over time, we think.

In terms of content marketing tactics the study shows that social media (81%) is still the favorite online marketing tactics in this field. However, the biggest growth opportunity shows video marketing and paid promotion of content for the next year. 61% are already using video marketing, (increase of 13% compared to last year). This is probably also driven by the main players Facebook and Google.

The variety of content marketing is also growing though. Almost every second marketer said that they use five or more different online marketing channels (45%).

Although Castleford director Rob Cleeve is confident with the development of content marketing, he also makes clear that marketers need to deliver results with it as well: “In my experience, content marketing is claiming an increasingly large share of overall marketing budgets, which is going to mean more pressure to show how it’s benefiting the bottom line.”

Spot On!
Content marketing definitely has changed the advertising industry drastically. However, the main challenges involved are the appropriate use of data with content to drive the right story in the right context to the right user at the right time. Here we see massive problems for many marketers still in our work with customers. Post-it recently explained it nicely in a video that leverages their banner and ask many question in terms of how retargeting actually kills good content marketing in terms in the example of banner ads.

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The infographic of the study carries all relevant results of the Castleford study.

Castleford-Content-Marketing-Infographic-2015

7 Tips: How to generate more sales leads via your website

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There are some secrets in online marketing, and there are those that have become common knowledge which people might spread in infographics. However, it is still a challenge for most marketers to detect those inbound marketing insights that simply come from the structure and content of a website. If you as a marketer are looking to increase the data you generate through your landing pages, this infographic might offer some more food for thought.

Whether you know what it means to create a user-friendly website structure, a clever banner campaign to get more potential customer data, or not. Reach Local states in their advice that almost half of the users come to research your service or products via the mobile website. So, did you ever invest in a mobile-friendly website? Or have you ever thought about a video and the time people invest to watch it? Often you loose a sales pitch in 10 seconds but according to the infographic your clients might spend 60 seconds at least to watch a video about your product or service.

Check out which of the seven hints might help you drive more leads through to your sales team.

And, whether you believe it or not, there are three more hints in this text that might foster lead generation for The Strategy Web. If you have found them, share them with a comment below. If not, get in touch and we will help you.

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82% of word of mouth conversations are face-to-face

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The word of mouth and research company Keller Fay Group and Google have collaborated to understand the effects of the Internet and Internet enabled devices on word of mouth conversations about brands – and the Google Business Youtube channel published some findings now in a video.

In the US there are 2.4 billion conversations involving brands on a day, and the question is what role do various types of media play in this process? The study -based on 3.000 responding adults- comes to the conclusion that the vast majority of word of mouth conversations still happens face-to-face (82%).

However, the internet is the leading source of information motivating conversations. TV is already number two media to trigger word of mouth conversations. Google searches directly inform 146 million brand conversations a day, says the video. Are we surprised? Well, I wasn’t…

Obviously, Google would not publish it, if search wasn’t the main initiator in conversations as the study claims. According to the study, search is also said to outperform social media when it comes to credibility and likelihood to purchase decisions.

The study video concludes to mention the importance of search which is the leading source that inspires and informs, and thus triggers word of mouth brand conversations, followed by e-commerce with 7%. Social Media and branded websites are coming in at the same level.

Spot On!
The findings illustrate the importance to connect offline and online brand activities. Although search definitely has a major impact on our purchase behavior these days, and especially Google with all their opportunities and different service offerings, I would definitely stress that brand advocates also have a major impact on word of mouth conversations when using them to empower social media capabilities. The study did not use these special people as “online channels” of course. However, think about brand advocates and how you could leverage your brand with them.

PS: The full video can be seen here…

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News Update – Best of the Day

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Ecommerce is developing rapidly. And although users are said to be slow in adapting new technology, they expect their retailers to embed the latest trends and technology in their websites. As this will increase the sales potential of a business, companies should carefully listen to top 10 tactical trends by Michael Piastro which will help supercharge your ecommerce strategy for the future.

Social Media is in “at” your workplace, you said? Yes, but what does top management use it today? A new comprehensive study of more than 1000 business professionals by Pierre Khawand, Founder and CEO of People-OnTheGo shows that business decision makers manage multiple “inboxes” including Social Media. Social media is already a regular part of the work day. LinkedIn is the most popular social network. More than two-thirds (63.8%) of top management and almost three-quarters of marketing (73.9%) and sales (74.2%) respondents check LinkedIn regularly. Isn’t it interesting that private email is as popular as business email for top management? Social Media or private emails… Thinking about what might affect productivity more in the future…

Are small companies spending most of their marketing funds into Social Media in 2011? No! The use traditional websites and e-mail, says a report by online survey firm Zoomerang and GrowBiz media that surveyed 751 small firms (predominantly with less than 25 employees). The survey finds that over a quarter will spend at least 30% of their online marketing budgets on their websites, E-mail coming in second (18%). Only 10% were planning to spend at least 30% of their budgets on Social Media.

Dean Donaldson: Future Trends in Digital Marketing

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For some years now, we have an annual meet-and-greet trend show for digital marketing in Germany. Some years it was called OMD (Online Marketing Duesseldorf), and now we have the DMEXCO. And every year, I find somebody at the conference where I think, this person is the perfect presenter or speaker (and not just all talk).

This year I had the chance to listen to and to speak with Dean Donaldson, digital strategist at Eyeblaster. Just listen carefully about the future trends of digital marketing, and don’t tell me that this man doesn’t have the talent to get somebody engaged in a discussion (or a vision).

In his 5-minutes outlook he shares his thoughts about banners on a PC (“…this is so long gone…”), about mobile phone (“…that are no longer phones…”), about bill-boards (“… that are talking to you…”) and, and, and…

And he sees the moral challenges and privacy one of the hardest things to tackle for the future …and for the internet of things.

Interested to hear what you think about his view and his thoughts…

Ad Effectiveness – Mixing Apples & Eggs?

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Sometimes you read a study and think: “Ah, this is interesting information”. So, you write about it in a News Update.

And then, you stumble upon it again, and think twice about the research. This happened to me with the ‘Ad Effectiveness study’ conducted by Forbes. And browsing through it again, my feeling was that the title of this eMarketer article reflected the result, but the study itself mixes apples and eggs in some way…

Still, the main statement of the study remains an important trend in online marketing, and is an even more important praise for the work of online publishers (yes, probably a bit self-referential for Forbes).

“Respondents were by far the least happy with ad networks, with half saying that the results did not meet expectations” (…) “Ad network spending is all about demand fulfillment while direct-to-publisher display is much aligned with the traditional advertising goals of demand creation,” said Forbes.com president and CEO Jim Spanfeller.

However, it has to be said that ‘ad networks’ is not a tactic for generating conversion. It is a supplier that offers ‘cheap space’ by bundling platforms into offers in most cases. Platform owners have a much deeper understanding of their target group and can definitely do a better consulting in terms of converting their target group into potentials for their clients. Absolutely, I agree with that statement, having done this for years…

BUT: Taking my view on the study, the set up of the study is in some way irritating. When the marketing executives were asked on budget allocations the results were these…

…and what they see as most effective tactics for generating conversion? Site or page sponsorship and SEO were considered the most effective ways online.

Thinking about the answering options (and bearing in mind my brand theme ‘tools, tactics, trends’) that were given to the responding marketers though, these options need to be separated from each other…

The question, I was asking myself is… Is viral marketing really an ad tactic? In my eyes it is not. It is a strategic communication tactic which integrates viral ads as some relevant online marketing tool.

So, this study set up seems to be a comparison of apple and eggs. Viral marketing is done in social networks. It is the way in which brand awareness other marketing objectives can be increased. Viral ads is the tool that may be spread like a computer virus by the users. It cannot be influenced like banner or text ads. Nor can it be bought. So, it is a modern marketing trend with little historical definition or proven success.

And, maybe such a study should think about: What can be bought by marketers, and what cannot in our times of social media.

Spot on!
The following summary is meant to make clear what steps have to be done first by marketers to create the conversation results their bosses appreciate… and it is a guideline for the chronology of setting up an online marketing strategy.

1.) Tactics
At first, marketers have to think about the tactics they can choose from…
SEO, e-mail and e-newsletter, site and page sponsorship, corporate web TV or viral marketing.

2.) Tools
Then, they have to decide on the tools that can be used to make these tactics efficient…
good texts (I am missing this most interesting option), banners, or viral ads.

3.) Trends
And finally, we have options that might create powerful conversion…
The use of ad networks, behavioral targeting and pay per ‘x’ models (x=impression, unique user, sales, click etc.)

If the online industry continues to publish studies that mix apples and eggs, it is no wonder that 57% of respondents said they still spend less than 25% of their marketing budgets online.

It is still early days in online marketing, it seems…

Study: Agencies moving to slow for consumers?

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If we can believe in a recent study ‘Beyond advertising: Choosing a Strategic Path to the Digital Consumer‘ by IBM Institute for Business Value, then ad agencies are years behind in catching up to digitally savvy consumers – although consumers are moving their media consumption online more quickly than anybody could have expected.

Now, despite the difficult economic climate there are some good news for the digital industry: IBM’s study states that interactive, measurable formats will be expected to account for 20% of global ad spending by 2012. The interviewed CMOs said they will increase interactive and online marketing spending in 2009 while 63% while 65% will decrease on traditional advertising. Generally speaking, the same trend that we acknowledged from the latest CMO report.

So, what are further interesting findings? Between 2007 and 2008 the proportion of consumers answering they used social-networking tools went up to 60% (from 33%). It even doubled for for online and portable music services to 46% and almost tripled for mobile internet. And believe it or not, the access to mobile music and video quadrupled to 35%.

Seeing these numbers, it is surprising that 80% of the interviewed ad executives forecast the industry to be at least five years away from being able to deliver whatever might be necessary in terms of cross-platform advertising, encompassing sales, delivery, measurement and analysis.

The problem seems to be the agencies according to study co-author Saul Berman, IBM global leader, strategy and change consulting services. Agencies need to identify and keep pace with the value shift in order not to loose out the same way the music industry did, he summarizes.

“To succeed — especially in the current economic environment — media companies will need to develop a new set of capabilities to support the industry’s evolving demands which include micro targeting, real-time ROI measurement and cross-platform integration,” said Saul Berman, IBM Global Leader for Strategy and Change Consulting Services, and co-author of the new study. “Now is the time for companies to move quickly to become more effective with their assets and build for the future.”

Spot On!
Watching the last decade, companies and agencies followed their customer audience and pushed their budgets to more interactive, measurable formats such as the internet and mobile (gaining 20% of the overall spend). This is not surprising as digital advertising enables advertisers to measure more effectively campaign success to prove the value of their budgets.

In terms of platform owners it shows that these need to identify new opportunities to monetize new consumer experiences before it is too late like the music industry has shown. The options are obvious: value of content, visual goods sales, value-added services plus hardware or software offerings.

For this study IBM conducted 70 interview sessions with global industry execs and surveyed more than 2,800 consumers in Australia, Germany, India, Japan, the U.K. and the U.S.

CMO report: budgets better than expected

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Chief Marketing Officer (CMO) Council’s Marketing Outlook 2009 states that CMO’s see their budgets stable. Almost half of all asked CMO’s (54,1%) say their budgets will increase or at least remain.

What is the value of a click? Obviously, the best deal is transforming a consumer into a customer. For 36% this seems to be the biggest issue: converting clicks to sales and finding the value of online marketing. Just 9% of the chief marketers argue about their online performance capability as being “excellent”.

The outlook in the recession is not too bad… The majority of top marketers answered their traditional marketing focus (print, outdoor and TV) remains the same, and especially digital advertising (also social media and search marketing) will increase. But it also has to me mentioned that 45.7% said their spending budgets will decrease.

“Senior marketers are looking to hold budgets steady and not make tremendous cuts in headcounts,” said Liz Miller, the council’s VP of programming and operations. “Instead, they’re reallocating both their budget and talent into those areas that better engage and communicate with core audiences and customers.”

Spot On!
The loyalty of customer becomes more and more an issue for marketers. Who would be surprised… Those who want to study as deep as possible how the customers thinks, don’t ‘owe’ the sovereignty on customer service and support issues, nor have they big influence on CRM, the survey says.

The question remains why the majority of marketers rely on old online measures (i.e. page views and registrations 64.6%) and not focusing on more modern online engagement opportunities which keeps the consumers with the brands. The most obvious options could be personalization and client first programs (i.e. client opinion platforms or community building) which could replace the old-school “watering cans” techniques. The more companies focus on the client, the ‘happier’ the revenue lines will show.

The report was co-sponsored by Deloitte, Jigsaw and Ad-ology and asked 650 worldwide marketers.

News Update – Best of the Day

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– Namensprobleme bei den führenden digitalen Konferenzen/Messen Deutschlands? Noch hat keine Messe stattgefunden und schon wurde der Name geändert: DMEX wird dmexco. dmexco steht für “Digital Marketing Exposition & Conference” und soll auch nach außen deutlich machen, dass die OMD-Konkurrenzveranstaltung eben mehr ist als eine Messe. Ob der Online Marketing Düsseldorf (OMD) auch eine Namensänderung bevorsteht: OMD ist bereits von einer weltweit agierenden Agentur belegt – Verwechslungen nicht ausgeschlossen…

– Video Reportage 2.0: Genialer Geniestreich von bild.de? Ein Medienhaus setzt auf den Videotrend und macht die Leser zu Kameramännern und -frauen. Fragen dennoch: Was hat man als Videoproduzent davon? Rechtfertigen sich 100 EUR? Oder refinanzieren die sich sogar durch Kickbacks von Bild? Infos hierzu waren auf die schnelle nicht zu erhalten…

– Online-Communities findet man überall. Wer sich über den Zustand der Gemeinschaftswelt 2.0 mal ein Bild verschaffen will, der kann das hier machen. Auch wenn die Businesswelt versucht die Dynamik und die Motivation zu ergründen, die eine Community zum Erfolg führt, letztendlich ist es für die meisten Menschen einfach nur Spass und Vergnügen…