Tag Archives: Marketing Trends

How Much Value Does Social Media Really Have?

Posted on by

Many clients and conversations we have with marketers ask us: Is social media worth any investment? The answer is yes, but maybe not from every channel that’s available.  Just make sure you set up measurement data points, implement tracking tags from Google Analytics (or some other program), and post relevant content to your audience(s) and not just “clutter.”

You also have to look at what you deem as having value to your organization. If you see your audience, followers, comments, “retweets” are growing, and your Facebook, Twitter, Google+, Pinterest, YouTube/Vimeo, Linkedin and Instagram are all growing in numbers and in some cases driving people to your website, then it’s valuable and driving awareness. More than likely, you will find a few of them are not worth any direct time investment.
social media marketing
True, social media doesn’t allow you to measure it as closely as other Internet marketing pieces such as banner ads, Pay-Per-Click, or email marketing, but you can track direct leads and/or sales from each social media medium you use – if that is what you need to make sure the time, money, effort you spend on it is worth it.  One key piece…don’t be lazy.  Don’t just use a feeder system (like Tweetdeck or Hootsuite) that cuts off posts or uses hashtags where it’s not appropriate. Dedicated users will know you did not intend that message for that medium and it can lose some impact.

You also have to find what works for your organization – every business is different based on size, geography, client demographics, etc. You need to watch the data and optimize for what works specifically for your business.  We can tell you – just a bunch of self-promotion is NOT going to generate social media strategy that will maximize the efforts you are putting into it and there is no “cookie cutter” solution that will maximize results.

Social media also allows people to use the Internet on their terms.  They may never leave Pinterest or Facebook until they are ready to transact.  If you aren’t there in that space, you could be missing 10-20% of your desired audience that didn’t know about you because you weren’t there and part of “their conversation.” If you could get 10% more sales from having a solid strategy here, that could be a lot of growth – but it won’t happen overnight.

The ultimate goal is to get a post in front of thousands through their networks – through the use of tagging, timely posts, and community/industry cross promotion. Marketing is the sum of all parts and the number of touch-points – something known as frequency – the number of times someone has to be exposed to something before they are willing to take an action.  Through social media, you can increase those touch-points and be in front of them more often, which helps speed up the frequency time-period until an action will occur.

With an agency/resource who can monitor and report on social media for you (and also bring some creativity to your strategy), it can be the most effective $500-$1,500 a month (local-to-national type budgets) you spend out of your marketing budget and go a heck of a lot further than any advertising dollar could with reach.  Just make sure you give it a few months and your resource for this is showing you the data and how it is moving in the right direction on the way there.  Happy posting…

Facebook Marketing & Fan Interaction 101

Posted on by

Guest author Brandon Williams writes for AdMedia.com covering Internet Marketing, Remarketing, PPC and more.

Facebook is a wonderful way to utilize your personality to interact with fans and to simply show them you’re not just a big-time company that isn’t concerned with their customers’ needs. How you fully go about keeping these marketing efforts going will be unique to your business, but there are some simple tricks to keep the interaction going and build your brand through Facebook.

Get your fans involved and interaction flowing with these Facebook tricks.

Real People & Real Personalities

First, it’s beneficial to know that Facebook is a great promotional tool on multiple levels because it allows you to connect with customers, potential customers and even other companies in the industry that can help you increase your exposure. When you take to Facebook in order to promote your brand, understand that the people on there are all real and they expect you to be as well. This is a great way to show your personality and show that you care about facilitating their needs when it comes to your services and products.

It’s Not About the Hard-Sell

facebook fan interaction

Be sure to let the interaction flow for purposes that involve your business and even some that don’t. This goes along with showing your personality as you can simply engage in contact with your fans by writing a status on just about anything relevant, asking for their input or what they think about certain things. When you engage with the fans, it builds a comfortable rapport between them and your brand which can help convert them into buyers.

One of the more entertaining methods of marketing on Facebook is the use of yourwebsite to conduct scavenger hunt type deals in order to promote a new or hot item that you may be selling. Simply use Facebook to post photos of places in and around your city and have people search for what you are giving away. This allows the fans to be a part of your businesses promotional plan, get something for free and see the true quality of your product.

Deals like this and “Facebook Exclusives” get fans talking and word of mouth can bring in a lot of business.

Above all else, the biggest tip on making Facebook marketing successful is to interact. Give the fans a reason to notice you and feel that they can trust you. If you let questions, comments or suggestions go without a response, you’re not using the full potential of what social media networks can offer businesses.

Have Fun

Finally, have fun. Rarely are people going to take Facebook too seriously, so enjoy the interaction and promote what you want to promote. When you’re having fun with the fans that means they are having fun with your business, and that is an easy way to increase conversion rates and profit.

Making Social Media More Valuable for Your Business

Posted on by

So you have dabbled in this. You get some people to follow you. How do you know if it is worth your time and really, what can you do to maximize what kind of web traffic you get from these mediums?

What if you changed your website experience based on how the visitor found you? The data is there to do this, you just need to interpret it and adjust accordingly. Set up correctly, you would be able to profile how your Facebook, Twitter, Linked-In, YouTube/Vimeo, Google+, Pinterest, and Blog readers all use your site and based on looking at your traffic’s referring source. You can then change the experience, path, content, etc that they have to maximize your conversions and exposure by utilizing what that data tells you.

Social Media 2.0 & Web 3.0

This is Social Media 2.0. This is web 3.0. Create a unique experience for every web visitor based on how they got to your site. Combine the social media elements listed above with Search Engine and Content related marketing – you have groups of keywords within a segment to promote something – based on keyword you could adjust what they see and the content they would get – changing their “path”. If they were from Organic search results – same thing – we all know that paid traffic typically differs 25-35% in what they do versus unpaid traffic – create specific content based on those patterns.

Every person, every way, every avenue and it allows them to use the web the way they want while still allowing you to reach them. Will every person do the exact same thing that visits from Facebook – no, but if you study the analytics, traffic patterns , implement goals, and adjust based on history – over time you will be able to predict relatively accurately what 70% of them do and improve their experience with your Brand and site.

5 Things About Using Social

You also need to realize the following things about social media:Social Networking by Device statistics

1. It might not work for you - not everyone gets the value they need out of it for the investment they make. Just make sure you give it a good try and analyze before making any decisions.

2. People access from Mobile devices most often - so everything should be mobile optimized and easy to consume – especially if you have a global reach.

3. The bulk of social media time is spent on Facebook, - with newcomer Pinterest climbing rapidly. It should be treated as the dominate force it is for any consumer related marketing efforts. B2B marketing should have more of a mix – but the referring traffic reports and analysis will tell you what you need to know and where to best spend your time.

Continue reading →

Should your business try Groupon, Living Social, & Google Offers?

Posted on by

Looks like the online promotions space is thriving. More and more special offers sites are being created. Google even went and developed their Google Offers product after they failed to buy Groupon for $6 Billion – that’s right $6 Billion. So there must be some value in these promotional tools right? Otherwise businesses would stop using them and Living Social sure has a large advertising budget for themselves.

Let’s look at Groupon.  So if you have a $50 product/service, that you sell for $25 – (it has to be a 50% discount so it is a “good deal” to get approved) and then you get 60% of the $25 and Groupon keeps 40% of the $25.  You are really selling a $50 product for $15 because of the discount and the Groupon percentage – but they are opening relationships for you – and for the most part giving you an opportunity for customer relationship.  So is a $35 acquisition cost on a $50 product/service worth it?  Only you can answer that, but you should run the numbers.  Based on that, I can tell you, it is going to perform close to what it would cost you with advertising dollars spent at that level (but you can optimize for performance over time with advertising).

You will have some instantaneous Branding and recognition, not to mention customer traffic over the 6 months the Groupon/Living Social is valid.  You will always have some existing clientele who will always buy this so it doesn’t reach only new people – unless you are just opening your doors in the market.  This is unbeatable for the new business.

However, I have yet to see a second offer from the same business so you only get to use this once – so pick your timing – if you are not a new business try to use it to boost a slower period and make sure you can handle the demand during the 6 months without losing your shirt.

There is also the FREE money aspect of this.  Like any rebate that is offered, you get a % that don’t use it. So if we use the first example again, you got $15 off each sale and that 25-30% don’t end up using it, that is FREE money for you to keep, which doesn’t hurt and softens the blow – but then you don’t get that all important “new” customer relationship either so it is kind of a double edge sword.

Here is a great case study.  We had a client use Groupon in December 2010 – a single location Hot Yoga Studio as part of launching their business and they sold almost 700 at $39 a pop.  That is incredible for a small business that is just getting going.  Now, it gave them some cash in the door and created some relationships.  They considered it a huge success.

My take, if you are opening a new business or want to launch a new product or want some quick cash – put an unbelievable offer out there through one of these and you should get some traction. Also learn from one before you try to do another – Set up some tracking on your website that sees what these people do that come to your website via this campaign and track their habits.

Be prepared to use it as a loss leader to get access to new customers and get “legs” underneath your new product or location. Also make sure your ongoing marketing turns those new relationships into repeat customers so you can make some money back and it creates success for the long term. That might take a second promo for them for another visit – but you don’t have to give Groupon their 40% this time.

Let us know if you have had success with one of these services – please give location and product/service sold and if it has been successful in generating repeat business.

Analyzing your audience’s web habits to improve website performance

Posted on by

How much actionable information do you have about your web visitors? Can you predict their wants, goals, needs and behavior? Are you using analytic data to improve website performance? Do you utilize any re-targeting, ad networks, Search Engine Marketing (PPC and Display) and social media to be collecting data across multiple external sites and clickstreams? If so, the potential to deliver targeted content and offers based on their previous behavior and referring traffic source is possible.

You can construct detailed matrix that serve up content based on the family of sites they have visited and the predicted traits and interests that visitors to those sites demonstrate. However, if the first known point of contact with your visitors is their arrival at your site, then predicting their targeted area of interest is a much more tricky proposition, unless you study your own analytics and data (Sitecore, Webtrends, Quantcast, Google Analytics, etc) to come up with them and improve website performance.

Do you perform any A/B testing of two broader offers or content paths on your enterprise level site visitors and see which performs better (ie they look at more pages or end up as a conversion more often).  That is a good place to start, but more organizations have never consider split testing their own website. Doing this would ensure no audience gets excluded or misdirected–and it requires less historical data to drive the offer but allows you to profile how each “path” behaves.

Coming from purchased media like PPC or Facebook, can also shed light into keywords that have “special” needs to be effective, landing pages that get them to take desired actions and demographic profiles of who is visiting based on reporting. Again, this allows you the create a profile on each type of visitor and adjust the “path” accordingly – which will improve website performance .

You tie all of this data together to make the necessary changes to your website and content, navigation paths to drive more usability, click patterns, desired “conversions” that you have established for your website and/or campaigns.  Interpreting data is extremely important to ongoing web success – find a resource to work with that understands this to help set benchmarks and foundational strategy and it will help educate yourself and give you insights to things you could use across all mediums with your marketing and advertising.

Social Media & Online Advertising Help You Reach Your Audience

Posted on by

Lately I’ve been hearing a lot of my friends complaining that they are “creeped out” when they see Facebook ads tailored to their demographics or interests, or when they see ads from websites they have recently visited on other websites. This is technology at work to benefit both the user and the marketer.

Facebook’s privacy policy has long been a controversial issue. In my opinion, if you put something on the internet (especially something about yourself) you need to have the mindset that it could be possible for anyone and everyone to read it. By entering your interests or personal information in your profile – even something as simple as your gender or marital status – you are making it possible for those advertising on Facebook to group you into a “category”, which is then used for marketing purposes.

Now, I don’t know what makes advertisements catered to my interests so creepy. Personally, I think it’s great. Do I want to see ads about fantasy football? Not really. Guys, do you want to know about a great deal on stilettos? Doubt it. The same principle applies to marketers. Why spend your advertising budget on an uninterested audience? Seeking out your target audience is certainly not revolutionary, but once it is applied to Facebook, it seems to make people unsettled. These strategies are done to help you get content you want and eliminate clutter.

How does Facebook target users?

The thing that I think people misconstrue about Facebook’s ad targeting is HOW they are actually getting targeted. It’s easy to think that “big brother” is scouring your every move trying to figure out what type of person you are, but in reality, the only information used is what you voluntarily supply. Let’s say I opened up a dog grooming salon in Detroit, Michigan. I would be able to specify that I want to serve ads to those who report they are living in Eastern Michigan and have dogs listed as one of their interests. Better yet, I could even be as specific as targeting dog owners with the breed of dogs that tend to give me the most business AND set a geographic distance from the zip code of my location(s). Talk about specific, relevant, and cost effective advertising!

Retargeting follows you around the web

Another effective way to advertise to a more appropriate audience is through retargeting. It’s not necessarily a coincidence to see an ad from a website that you might have visited a couple of days ago. Some websites set cookies through your browser when you visit a certain page(s) on their website and can then serve ads to you on other websites while you are surfing the internet after setting this cookie. This is also possible to do through Google Adwords via the Audiences functionality. After putting a tracking cookie on specific pages of a website, display ads will then be shown to individuals who have visited those pages as they browse websites on the Google Display Network.

Continue reading →

As we begin 2011, thanks to everyone…

Posted on by

There are several things when you run a small services company that come into play. Good staff, good clients, and always a little luck. As a marketing firm, with heavy emphasis in the web marketing, search optimization, and online media fields that are highly competitive, you have to always be on the top of your game. For example, there is typically more than change per day (550+ in 2009) to how Google ranks sites, not to mention Bing and other factors. This “whole Internet thing” takes a lot more attention by the qualified people to do it and it will help maximize results because web is open 24/7. You also need to make sure you are not taking short cuts and you are building for long term as much as short term because long term will get you further for the money over time.

You also need to be able to create and implement marketing and web strategy you can measure and helps people establish and get to their goals. If you are not doing these and marketing effectively, then you are not maximizing your budget and return on investment. It isn’t about showing some results and saying “look at what we’ve done”. We find it extremely easy (with about 80% of our prospects) to have the ability to increase their marketing response by 10% or web hits by 33% just through implementing best practices and optimization of all media, but you have to look deeper than that. It’s more about using what we learned making those initial improvements and what we are going to do to get you to the next level of results. At some point, you will reach diminishing returns, but knowing when you shouldn’t spend the money to try for it is crucial to maximizing each and every piece of your marketing matrix and that is where we shine.

If you look at all the pieces of marketing as illustrated by these two graphics, one will see that the interactive or digital marketing picture alone has the same amount of moving parts as an entire strategy used to just 12-15 years ago. That in itself makes once have to pay attention to it to keep your business moving forward.

What we do is help get and keep businesses moving forward through building communities with their audiences and making sure their interactions with their customers and prospects gives them the best chance for success. I wanted to take a moment as we begin a new year to thank my wonderful staff for all their hard work and dedication, all of our great clients for believing in what we were telling them and trusting in our execution (even when they didn’t fully understand it) and just say that Bevelwise is nothing without both of you. Here’s to a great 2010 and hopefully an even better 2011.

Seach Engine Strategies 2010 In Chicago

Posted on by

This is Steve Wellman @ Bevelwise coming to you just after Search Engine Strategies 2010 in Chicago. What a great event this has been. There are tons of industry experts in town for the event speaking and sitting on panels for seminars. I have had the privilege of attending as many of these seminars as possible and am just soaking up as much as I can. The conference has offered a ton of information on a range of topics. Anything from local search optimization tips all the way to organic and PPC search marketing tips. I really enjoyed Eli Goodman’s take on Competitive Research for SEO. He gave a number of good strategies to utilize all of your competitors information on the web, and how we as SEOs can leverage that to our advantage.

We have even gotten to hear some viewpoints straight from Google, and had a keynote from Maile Ohye, a Senior Developer Programs Engineer at Google. Maile went over a lot of new updates and functionality they are building into the Webmaster Tools. She even let us know that internally their team has a “Webmaster Happiness Rating” they monitor with the forum support team to let them know generally how happy webmasters are with them around the net. I’m surely going to remember that next time I’m going back and forth on their Webmaster’s Forum.

We here at Bevelwise tried to attend as much as possible and wanted to get as much information as we could to help serve all our clients better. Here is a list of the seminars that we thought would help our clients the best and would provide us with the highest level of material.

  • Advanced Keywords Research – Looking at the latest and best techniques and tools used in advanced keyword research and helping discover the best possibilities for our marketing and optimization efforts.
  • Ads In A Quality Score World – When we look at pay per click marketing we are always looking to improve, optimize and expand our campaigns. Knowing how quality score works and writing unique, relevant and great ad copy will help us improve campaigns and get lower cost per clicks than our competitors.
  • Advanced Paid Search Tactics – This seminar shed light into techniques that the best of the best in the industry use to optimize their pay per click campaigns.
  • B2B Search Marketing Tips – We all know that depending on the type of marketing tactics we use depends on the audience we are trying to attract. In this B2B series SES looked at the differences and challenges specifically associated with B2B markets.
  • Local 2.0: The Evolution of Local Search – Depending on your business we are always trying to leverage local opportunities where applicable, and search is no exception. We looked at where local search has come from, and where it will be heading in the future.
  • Competitive Research – It doesn’t matter who you are or what type of website you have. You probably at least have a competitor or 2, and knowing that everyone wants to gain some insight into their competitors and what works for them. Dissecting a competitors SEO strategy can be a very tactful way to figure out what has worked for them, and to also find possible holes in their strategy.
  • Making The Jump From Search to Display – Yep… all of you thought that display advertising was a dying breed, but there are some revolutionary things that display advertisers are doing to get a new fresh perspective on their advertising channel. Well you can guess who they are trying to attract… the search marketers.
  • Stretching Your Marketing Dollars: The Upside of Search – Ok well you don’t have to convince me that when your marketing dollars are tight that the best avenue to pursue is search. What I am concerned with is learning new and revolutionary ways to further stretch things as people continue coming to me looking for ways to improve their sales and leads, while at the same time lowering their budgets.
If you have any questions or want more in-depth information about these subjects you can email me at swellman@bevelwise.com and I will answer any questions.
I plan on trying to write more in-depth posts about these subjects to a further extent in the near future.

Is it Social Media or should it really be Public Media

Posted on by

The term Social Media is not really accurate any more. Why? Because we have moved well beyond “social” into doing business. You want information to get into the marketplace, just turn to Twitter, Facebook, LinkedIn, Flickr, Digg, Delicious, etc – and you can get it out to the masses more quickly than ever. Another reason, all of the a four mentioned have more value that being social if you use them right.

Also, one does not really have any control over what can be said/posted about them or your company or organization. It is really “public” media. Word can spread at warp speed to the public, especially if people deem it to be interesting. Several companies, public figures, and celebrities have “social media” site about them that they don’t have anything to do with – but all go into controlling public opinion of them. Some have to spend significant time to control their brand out there. The bigger your “Brand”, the more time you have to spend in this space to control your Brand.

I could also see the term “community media” being a potential moniker as well. All of these tools we mentioned above really go into creating a “community” of people who are interested in similar topics, products, information – and they feed off each other. That is an effective strategy to utilize all of these mediums. Add value to your clients and prospects, filter information for them, be a resource and partner to them as much as a supplier or vendor.

Creating an effective social media strategy is all about the execution of it and understanding how each piece plugs into the overall picture. You should hire someone to guide your strategy, but the information and content really has to come from someone internal while the expert will tweak that content for maximum effectiveness through “public” media channels. That guide for most companies that would mean outsourcing as would not be near a full time position – the right partner should have some understanding of your business and industry in order to be most helpful.

Emotional Marketing Messaging vs. Facts Based Rational Messaging

Posted on by

I was just re-reading an Article from earlier this year in Advertising Age that talked about why emotional marketing messages beat the rational ones. They looked at 880 case studies, covering two recessions to see if there was any difference between the “good and bad times”. What was determined was emotional advertising was twice as likely to generate profit gains than the rational ones, with the campaigns that use both, splitting the difference right in between.

The biggest difference was the emotional marketing reduced price sensitivity, which helped companies to be able to hold more firm on their pricing (with a better economy, it would allow you to probably charge a premium). Emotional advertising allows one to create a sense of differentiation for your brand and helps it appear to be worth “more” to the customer. However, a person that would respond to more data driven advertising or rational messaging, is typically more analytical so it is expected that they are more price sensitive because they would be one that “does their homework” first.

Balancing this in the Internet age takes some effort because of how Facebook, Twitter, Blogs, Websites, and everything can spread more quickly – especially through industry trade channels. If you combine that with the fact that 80%+ people research what they want to buy online (especially if it is not a standard consumable good) then you have to make sure your message reaches across all mediums.

If you ask most business owners, “Would you like to be able to keep 1% more through your price or increase your volume 1%?”, holding that price would be more to the bottom line that the equivalent increase in sales volume. Your marketing needs to help you achieve that.