• Act-On Software
    Act-On Software on November 17, 2014

    The Rules of Engagement on Facebook

    If you want to make your content sharable and searchable on Facebook, you need to have a thorough understanding of Facebook principles and the general rules that apply to content and behavior.
  • Your marketing database is a veritable treasure trove of actionable insights – if you are willing to work hard with your data. Mining for gold is a filthy business, but the returns can be massive.

    Here we look at five reasons why your business should be investing time and effort in mining your marketing database. Your marketing database is a veritable treasure trove of actionable insights – if you are willing to work hard with your data. Mining for gold is a filthy business, but the returns can be massive. Here we look at five reasons why your business should be investing time and effort in mining your marketing database.

     

    1. Upsell opportunities

    Deep analysis of your data allows you to identify new opportunities using the information you already have. Customers who have previously bought product A, may well be interested in product B, which provides additional functionality. Your existing customers are also your most valuable, so it makes good business sense to prioritise them with value-added offers to generate additional revenue. 

    “75% of consumers say they have spent more with a company because of a history of positive customer service experiences.” Global Customer Service Barometer Report - American Express 2012.

    2. Poach from your competition

    Not all marketing data has to be stored in your system for instance. Proactive monitoring of open social channels will identify potential leads who have reached out to your competitors. You can use this information to create specially targeted offers, such as personalised discount vouchers, as a way of enticing buyers to consider your brand.

    "Nearly 15% of organisations don’t know what percentage of requests originate in the social sphere as they aren’t programmatically monitoring or engaging in support conversations on social." – Social Media and Customer Service: From Listening to Engagement – Aberdeen Group.

    3. Build a community of brand advocates

    Even in the digital age, word-of-mouth referrals are both powerful and effective. Cross-referencing market data with social sources will help you identify customers who have expressed positive sentiments towards your brand. This information can then be used to build a loyalty club, provide early product access opportunities or other experiences that encourage further engagement with your brand.

    “Marketing-induced consumer-to-consumer word of mouth generates more than 2X the sales of paid advertising.” – McKinsey Research.

    “Customers referred by other customers have a 37% higher retention rate.” – Deloitte.

    4. Create new product innovations

    The people who use your products and services are also those most likely to identify shortcomings or potential enhancements. Whether you use your contact data to follow customers up with surveys, or you simply monitor online sentiment, there will always be new input available that can be fed back to your product development team. At the very least, you should be able to carry out the earliest stages of market research using this information. Admittedly this isn’t a direct sales technique, but developing new products that have been crafted to specific customer needs is a powerful USP.

    5. Deliver improved support

    Using what you know about your customers to provide exceptional support and services is an excellent way to create brand loyalty. Again, this is not necessarily a sales tactic, but it has been shown to boost revenue.

    “55% of consumers would pay more for a better customer experience.” – Defaqto Research.

    Knowing what your customers want and delivering it is a sure fire route to success.

    Takeaways:

    So is it worth investing in further data analysis? Absolutely! You can:

    • Up-sell and cross-sell existing customers with relative ease.
    • You can target buyers who may be headed towards your competitors’ offerings.
    • You can build a community of brand advocates to spread your message for you.
    • You can improve your product and service offerings.
    • You can create an exceptional customer experience, raising revenue in the process.
    The success of Facebook’s new search function depends entirely on how well users respond to the perceived benefits of the feature vs. its potential creep factor. When Facebook first announced the new search tool, people were quick to point out its potential to unearth old and embarrassing posts, and make Facebook stalking that much easier. From a Facebook user’s point of view, will the usefulness of this feature really outweigh its potential for embarrassment?

    The success of Facebook’s new search function depends entirely on how well users respond to the perceived benefits of the feature vs. its potential creep factor. When Facebook first announced the new search tool, people were quick to point out its potential to unearth old and embarrassing posts, and make Facebook stalking that much easier. From a Facebook user’s point of view, will the usefulness of this feature really outweigh its potential for embarrassment?

    Time.com reported the roll out of this new feature as ‘Facebook taking a thinly veiled shot at Google’, which will effectively mean the death of GooglePlus. While this may be likely, it is questionable whether Facebook's new feature will prove to be useful enough to truly detract people away from using good old reliable Google.  According to Facebook’s Vice President of Search Tom Stocky

    “You’ve told us the most important thing is being able to find posts you’ve seen before, and now you can. With a quick search, you can get back to a fun video from your graduation, a news article you’ve been meaning to read, or photos from your friend’s wedding last summer.”

    The issue with this is that it’s already fairly straightforward to search for those things, and it remains to be seen whether it will take less time for Facebook’s search algorithm to accurately predict a search intention rather than the user simply clicking on the multitude of Facebook navigation tools that already exist. It is also quite possible Facebook’s new search feature will end up mimicking Twitter’s hashtag feature- a tool for people to jump onto discussions based on topics and trending news with Twitter users around the world. It’s fairly obvious now that Facebook’s own version of the hashtag functionality proved largely to be pointless. The reason Twitter’s search function works so well is because:

    1. Tweeters are actively looking to voice their opinion on trending topics.
    2. The search function is mostly used for links to ‘newsworthy content’ from users perceived to be trustworthy and authoritative on those topics.

    The difference with Facebook’s search is that these discussions will be limited to your Facebook friends and the Pages you’ve liked- and people are more likely to trust content from their peers over company pages, which is what Facebook is banking on for the success of this feature.  While it is true that people view content from their personal networks as more trustworthy, it remains that social media is still only one out of several research tools used by consumers before they commit to purchase. People will still be researching forums, reviews, etc on brands and products, and Google will likely remain the preferred platform for this function. It will be worth keeping an eye out on what kind of impact Facebook search makes next year, and indeed if it is capable of encroaching on Google’s territory in 2015.

    The way we get our news and how news is reported has changed drastically in the past decade, and with social media comes a rise of social journalism that is once again evolving the current state and future impact of journalism.

    Even though recreational social media usage may be on the decline in some ways, more “functional” uses of social media, and its purposes, are on the rise through the use of “social journalism.”

    The current state of journalism looks quite differently than it did just years ago, and the creation of social media sites has evolved the field of journalism even further, giving the average person the power to make and report the news like never before. We get our news instantly now, and most of that news comes via social media sites like Twitter and Facebook. With the rise of social media as a means to obtain and share news and information has also come the emergence of social news networks. Social news networks are online publications that work as a community of writers and editors that choose what news is, and what’s not. Described as a sort of “news bank,” social news websites like Reddit and Digg allow users to submit news stories, articles, pictures and videos to share with other users. Editors then determine the items to be featured. For contributing writers, these publications are excellent ways to get noticed, and for editors, it’s a great way to experience more journalistic freedom and possibly make an impact on the larger news media circuit. And many of these stories go viral, bringing a few minutes of fame to potentially unknown writers or publications.

    Just this past month, eBay founder and creator of the news organization First Look Media, Pierre Omidyar, launched a new social journalism project with the goal of bringing ”global news directly to you through social media” while encouraging a community of readers to participate by pitching stories and using social media to comment and share. This new effort by Omidyar, called Reported.ly, is a new project that will “use a team of professional journalists to sift through social media to deliver important global news, using the same social platform,” with full editorial independence. This is big news considering Omidyar’s other online publication, The Intercept, founded in February of 2014, is the platform used to report on the documents released by Edward Snowden.

    Sites like this and many others are a natural emergence considering the number of social media sites available for use to share and contribute stories, and one must wonder: what’s the future of major media news sites like NBC, CNN and Fox News? For years, the term “citizen journalism” has been used to describe the reporting of news by citizens, instead of professional reporters. The idea of citizens as news makers got its start during major events like the Arab Spring and the Occupy Wall Street movement where journalists were not always present. Using tools like Twitter, average people became newsmakers, and social networking has increased the prevalence of citizen journalism, making it possible for anyone to report the news, and most of the time quicker than major news networks who would have to send a reporter and photographer. While it’s not necessary a “phenomenon,” social news networks are changing the way news is manufactured and delivered and while some major news publications are embracing citizen journalism, time will only tell what the overall impact on journalism as a whole will be. 

    Serial made podcasts vogue, and brought back the allure of unsolved mysteries. Now that season one is over, we look at the social activity around this NPR phenomenon.

    The first season of the true crime podcast “Serial” has officially come to an end. This investigative journalism podcast quickly became a cultural phenomenon making everyone ask, “Have you listened to ‘Serial’?”

    Since October, listeners waited patiently each Thursday to download the latest episode and now that the final episode has been released, we wanted to look at the podcast’s entire social lifecycle.

    What made this podcast have such mass appeal? Such social share-ability? Well, it’s a puzzling story of true crime and involves a real and very much unsolved case. Also, Sarah Koenig’s voice and delivery keeps us all hooked.

    We’ve been tracking the podcast using Brandwatch social listening and analytics and have seen more than 524,000 mentions of “Serial” since the beginning of October when it first aired.

    This might be the first time in history a podcast has racked up half a million social media mentions (don’t quote me on that, we haven’t done the actual tracking to say with any certainty).

    As is to be expected, we saw an increase in mentions every Thursday, especially in December as the season started winding down.

    • December 4: 24,800+ mentions

    • December 11: 31,500+ mentions

    • December 18: 47,000+ mentions


     

    Advertiser, MailChimp, continued to be one of the most popular topics in discussing the podcast over the past few weeks.

    As we have mentioned before, sponsor of the podcast MailChimp hit social media gold when they decided to advertise on the first season of “Serial”. One of the most popular conversations surrounding “Serial”, besides the key players in the too-true tale, is MailChimp or MailKimp.

    Both versions of the company’s name have garnered more than 16,000 mentions. The parody of the mispronunciation as MailKimp itself has received nearly 9,000 mentions. We’re pretty sure that “Serial” has brands and businesses knocking down its doors to get in on season two. Personally, I’d love to personally sponsor “Serial” and hear people mispronounce “Dinah”.  

    The top hashtags have included #serial (59,600+ tweets and retweets), #serialpodcast (34,000+ tweets and retweets), and #mailkimp (3,500 tweets and retweets).

    “Serial” also continued to make its mark on other countries. While the United States has also had the most mentions of “Serial” (70%), conversations were seen in the United Kingdom (8%), and Canada (4%). If you look at the mentions map below, you’ll see that countries from Australia to Brazil, and many others in between are talking about “Serial”.  

     

    One of the most popular tweets we saw came from Best Buy on December 11 when the brand tweeted, “We have everything you need. Unless you need a payphone. #Serial”.

    Due to backlash, Best Buy then deleted the Tweet, but not before it received more than 1,600 retweets. Best Buy also tweeted an apology later that day. It might’ve been a creative idea, but not a great social strategy considering how sensitive this real-life case is. It seems it’s too easy to forget that real people are involved.

    A second season of the podcast is slated, and discussions of what Sarah Koenig and her team should investigate are swimming around the interwebs. We have seen mentions of:

    • The little girl who mispronounces MailChimp   

    • Sony hack

    • The casting process of “Annie”

    • Zachary Witman murder case mentioned in episode 10

    • Ferguson

    What case or issue do you think the next season should cover?

    Another year over...almost

    It's hard to believe that we will be welcoming 2015 in less than two weeks. We’ll continue to keep a close eye on trending stories on social media and viral campaigns for the rest of the month.

    Next week we plan to publish a holiday wrap up of fun “Festive Facts” we have been gathering data for this holiday season. Think Elf on the Shelf, holiday tipping, and the world’s favorite Christmas movies.

    If you have any questions or are interested in learning more about Brandwatch or social data, leave it in comments.

    Happy Friday!

    For a while there, companies were disproportionately focused on search marketing. And then, they were focused on social media marketing. Next, content marketing. All with a little mobile mixed in. What in the h*** ever happened to the old marketing mix, where everything was supposed to fit together?

    If you read my last post, which spurred this follow-up post, then you know that you have nine business days to get your B2B marketing plan done for 2015. Get on it, slow guy. Like now.

    While the discussion of the five content marketing trends that should fuel your B2B marketing plan was an active one, it was limited to content-driven marketing. Yes, content should be a major part of your 2015 marketing plan, but it’s not the be-all and end-all for many organizations.

    So let’s go broader. Here are the five somewhat-misunderstood B2B marketing trends that everyone ought to be paying attention to in the planning process.

    1. Truly Integrated Marketing: Not Social. Not Content. Not Search. All of Them. Together.

    For a while there, companies were disproportionately focused on search marketing. And then, they were focused on social media marketing. Next, content marketing. All with a little mobile mixed in.

    What in the hell ever happened to the old marketing mix, where everything was supposed to fit together? It’s as if the Internet bubble (all eight of them) turned marketers and business strategists into sheep. Follow the proven formula, and you will be safe, Mister or Miss Marketeer.

    Fortunately, it seems that brands, both mainstream and independent (a nicer way of saying “small”), have finally recognized the power of truly integrated, online-meets-offline, digital-meets-print, let’s-make-it-all-hum-together “campaigns.”

    It’s about f-ing time.

    My suggestion: Go old school. One message. Multiple mediums and formats.

    If you’re at a loss for how to do this, take a look at what Airbnb is doing with integrated campaigns. This is not JUST content marketing, people.

    2. Mobile: Think Mobile Doesn’t Matter for Your Business? Check Your Numbers, Hotshot.

    Are you targeting a 60+ audience?

    No? Then get your act together on mobile.

    If you’re reading this and you don’t understand why you should be paying more attention to mobile, then maybe you should find yourself a new profession. If you’re still willing to learn, consider the following:

    • Analytics firm BIA/Kelsey has predicted that mobile search queries will overtake desktop queries by 2015.
    • Mobile broadband will continue to grow rapidly and by 2015, one billion people will use it as their only form of Internet access, which is 28 percent of all users globally or 13 percent of the world’s population.
    • According to Google's Mobile Search Moments Study, three out of four mobile searches trigger follow-up actions, whether that is further research, a store visit, a phone call, a purchase, or word-of-mouth sharing.

    While you may not be able to act on all of my trend suggestions, this is not an area you can choose to ignore if you want to consider yourself a true — and hopefully successful —marketer for 2015.

    3. Sales/Marketing Alignment: Stop the Nonsense.

    There’s no denying it – while most business leaders know the right thing to do is to get their sales and marketing teams aligned, few are successful in that endeavor. One would think that with the increased visibility into marketing’s impact on revenue, along with the rise in sales-enhancing technology platforms such as marketing automation, this situation would be rapidly improving. In most cases, though, it’s not.

    Sadly, the cause of the lack of alignment can usually be traced to old-school leadership at both the C-level and sales executive levels — the gray-haired, closed-minded types who can’t get out of their own way. Because they don’t trust their marketing leadership, or understand marketing technology, they view both as pointless.

    And yet the data confirms that these types ought to just get out of the game. MarketingProfs tell us that organizations with tightly aligned sales and marketing have 36 percent higher customer retention rates and achieved 38 percent higher sales win rates.

    Make this the year that marketing gets out from under the thumb of sales to form a harmonious, equal marriage.

    4. Responsive Design: Just How Important Is It?

    If you don’t really know what responsive design is, don’t feel too bad. It’s one of those terms the techies made up to frighten the average business person into statements like “Oh shit. Someone just told me that our website isn’t based on responsive design. They called it RD. We’re screwed.”

    You are kind of screwed if you don’t address this sooner than later, but don’t let the techies scare you. Responsive design is a simple concept. People use desktops, smartphones, and tablets to view your website and emails. You want these websites and emails to adjust elegantly to the browser on each of these devices, so that your users go through a similar, but device-tailored experience.

    My advice on this is basic. If you’re building a website in 2015, make sure your scope of work includes details on what is included in responsive design and review some live samples from the person or company that will be doing the work—to ensure you’re getting the real deal.

    5. Print: Fine, Maybe It’s Not Dead, Yvonne.

    Don’t call it a comeback. Print’s been here for years. Rockin its peers and putting suckas in fear.

    Thank you, LL Cool J. You just made my job a lot easier.

    Print is not dead. It has just changed. Just ask my colleague, Yvonne Lyons, who has been busy over the past year helping our B2B clients conceptualize, design, and publish everything from new-school brochures to full-blown books.

    Use print to enhance that integrated marketing campaign. It requires a clear understanding of your audience, but if you have that, print allows you do dive deeper into your subject matter with those folks, attract higher-profile contributors, offer enhanced design and visuals, and more.

    No, print is not dead, friends. It’s a new opportunity for you.

    Conclusion: Dive In.

    If you feel like you’re lagging behind on these five trends, rest assured that you are not alone. Most B2B organizations are already addressing some — but certainly not all — of these trends in a comprehensive manner.  

    I remind you again – you have nine business days. The clock is ticking.

    Need more planning help? Start by identifying where you currently stand with marketing via a marketing assessment. Contact us to learn more.