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Ratings, Retweets, Repins & Likes: Automated response creators = killers of insight creation?

8. November 2013/in Blog English, Featured Stories, Social Media/by The Strategy Web

twitterview-2Some years ago, I have written about the Retweet button being the “killer of positive blog comments”. Over the years in many seminars and speeches, I have stressed the point that the ROI of the social web is not about generating high quantity in “thumbs up” on Facebook or Retweets on Twitter, or anything automated that comes along with similar meaning.

Retweets, Repins & Co. are only of value for your business, if…
– you accept those automated response generators as the pillars of your ROI system.
– you are a marketer who builds their business on proving the capability of accelerating reach rather than relevance.
– you are a brand that struggles to understood the value of building a community-centric business.
Still: Are ratings as insightful as a written comment – be it on Twitter, Facebook, LinkedIn or any other community platform out there in the social web?

Yesterday, it became public through a post on TechCrunch that Facebook is testing out a system of openly displaying star-ratings on Pages. Will this be another killer of value creation?

I definitely agree that the Facebook “Like” has become confusing, and in some way worthless. Many users just click on the Like button out of a pure and immediate emotion, nothing sustainable, lasting or resilient. Some are expressing their solidarity with it. Some are missing the dislike button, and click the Like button.

Do those automated responses tell us what they really feel? Do they tell us what people really think? Do they help us to evaluate our position? Fair enough, these automated response creators are some word-of-mouth catalysts. Well, I admit by adding these five star ratings, there is at least some specification in the differentiation of generating feedback.

Obviously, the new rating system puts Facebook in a different position and moves it more to the likes of Foursquare, Yelp and traditional trend shop systems. Furthermore, it allows users to be more concrete in defining their opinions. Users might get better orientation in why a coffee shop or a business or restaurant deserves to be tested.

Spotted by TechCrunch

Spotted by TechCrunch

But does it really help us? What is a 4.2 with twelve votes compared to a 4.9 what two people have build up? Do we know who gave the votings, and if these people have the same interest and preferences that we have got? Doesn’t orientation get even more confusing? What will we book on travel websites when there are less and less reviews and recommendations?

Spot On!
The 3 Rs of the social customer (ratings, reviews and recommendations) might make our lives interesting and exciting for new stuff. But maybe there is too much new trends and products out there to get our heads around. Maybe a real review or recommendation will sometimes help (one positive and one negative like Amazon does it already). Still, automated feedbacks -be it stars, RTs, Likes, etc.- are the least valuable insight creation generators on a relevance scale that helps defining internal and external social web ROI.

PS: If your managers are still happy when your numbers of Likes go up, be happy and tell them nothing about this post. If not, let’s discuss further how social networks should constitute in order to deliver deeper insights in the mindset of our customers.

https://thestrategyweb.com/wp-content/uploads/2017/11/strategywebLogo-300x139.png 0 0 The Strategy Web https://thestrategyweb.com/wp-content/uploads/2017/11/strategywebLogo-300x139.png The Strategy Web2013-11-08 11:19:422013-11-08 11:19:42Ratings, Retweets, Repins & Likes: Automated response creators = killers of insight creation?

2014: 20 Marketing Statistics and Predictions (Infographic)

5. November 2013/in Blog English, Featured Stories, Web Marketing/by The Strategy Web

The time is now. When Q4 is heading towards December many companies, analysts, experts and specialists start their forecasting for the next year, and what will drive the business. So, what happens in 2014? The first infographic just came out by the guys of WebDAM. The company provides a digital asset management software and just recently aggregated some interesting data in order to illustrate 20 key trends for marketers which will become important to meet the demand of their own business targets.

Five key findings in brief that we think companies should watch out for…

– Email with social sharing increases click-through rates by more than 150%
– CPM is out: Pay Per Click budgets will increase to over 70%
– More than 50% of marketers found customers on Facebook (40% LinkedIn)
– Video landing pages increase conversions by almost 90%
– Client testimonials are most effective as content marketing format

20-Captivating-Marketing-Statistics

https://thestrategyweb.com/wp-content/uploads/2017/11/strategywebLogo-300x139.png 0 0 The Strategy Web https://thestrategyweb.com/wp-content/uploads/2017/11/strategywebLogo-300x139.png The Strategy Web2013-11-05 21:58:362013-11-05 21:58:362014: 20 Marketing Statistics and Predictions (Infographic)

From Content Marketing to Story Advertising?!

31. October 2013/in Blog English, Commercials/by The Strategy Web

Managers around me get confused about the trend content marketing. What exactly is, and where does it start? A promoted tweet? A long branded status update? An advertorial? Promoted or sponsored content? A commercial that does story-telling? I have decided to discuss this a bit when I came across a great commercial yesterday as Pepsi turns the tables these days again.

But let’s start with another commercial that AUDI launched at Super Bowl this year called “Prom”. Watch it first, so you know what we are talking about. Cool commercial. Nice story. Well thought. No doubt…

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Many digital experts defined this in posts or in their presentations at marketing events as content marketing. Somehow, they might have been right as it is telling a story with a beginning, a turning point and an end. And it is not just a well-produced commercial highlighting a product. It is not focused not on pure selling or promoting it.

Former commercials from Volkswagen “Star Wars”, Old Spice’s “The Man Your Man Could Smell Like” or Blendtec’s ongoing series of product tests on Youtube already went towards the content marketing direction. In their line of mention, they were evolving from a traditional commercial into some form of viral advertising series. These clearly differed from the AUDI commercial as their story-telling was neither epic, nor f(r)iction.

Now, Pepsi comes up with some really clever advertising approach in my eyes. And the question I would like to raise is: Is this content marketing or story advertising?

Most of us have seen the movie “Blues Brothers”. In that film, Elwood must reunite the old band and go on another “Mission from God”. Based on that plot, the Pepsi MAX commercial series gets their food.

After introducing Uncle Drew in the first commercial, the second series starts with a conversation between Uncle Drew and basket ball legend Bill Russell (well played by Morgan Freeman) who sends him on a mission “Get out there and get your team together again!” He shall teach the young boys how to “get buckets” – the claim of the series.

First Commercial

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Second Commercial

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The third commercial just recently came out and takes this form of story advertising to another level. Uncle Drew visits an underground jazz club in downtown Chicago to convince his old point guard “Lights” to re-live their glory days on the court. Although his wife disagrees, he gets his friend to go out again. What happens thereafter? Just watch it…

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Obviously, players and spectators at the basketball courts in all three versions were told that they would be filmed for a “basketball documentary”. However, they enjoyed some special show of basketball magic by Kyrie Irving.

Spot On!
Story advertising could become a new form of content marketing. Pepsi MAX doesn’t even play a supporting actor in these films. It is a series around a brand, but the brand is not the star. It is there but just doing what it’s meant to do: Max taste – sugar-free. Pure enjoyment. By creating a series of commercials with main characters coming back, a real plot around a team reunion, and some really extraordinary testimonials doing what they can do best, consumers feel like being somewhere between the movies and the sports stadium. Illusions made real. They will be waiting for the next part to come out, and hope they become part of it. It’s branded content but not in a traditional way. It is like “24” or “Mad Men”, just in the commercials. It creates excitement for the next version, engages the audience to talk about basket ball (the sports that Pepsi MAX spends their marketing bucks “buckets” on), and will become viral. This is a new dimension. This is what I would call: Story Advertising.

PS: Maybe they could have left it open until the last version when the team is together again, how Pepsi did this human transition. But that is my view, how about yours…?

https://thestrategyweb.com/wp-content/uploads/2017/11/strategywebLogo-300x139.png 0 0 The Strategy Web https://thestrategyweb.com/wp-content/uploads/2017/11/strategywebLogo-300x139.png The Strategy Web2013-10-31 01:25:432013-10-31 01:25:43From Content Marketing to Story Advertising?!

Travel: The Hyper-Connected Digital Elite (Infographic)

29. October 2013/in Blog English, Featured Stories, Mobile/by The Strategy Web

When I am on (biz) travel to see clients, I am very much a cross-platform user. Sometimes, I book and buy from my tablet, then from my smartphone, and less often via my laptop. In the hotel room, I use my laptop, at the airport lounge the tablet comes into play, and between meetings more often I just use my smartphone: 3 screens, always-on but hard to catch for marketers.

True? Well, some recent by Google states that almost two thirds of travelers are interested to book and buy travel products “whenever they can” and “wherever they can”. It becomes clear that hyper-connected travelers spend 30% more than less-connected travelers. As you can read from the infographic by Monetate the always-on active travelers show some significant purchase habits…

– 74% of travel consumers who use tablets were under 45 years
– 40% of travelers plan their trips via smartphones and tablets
– 32% of business travellers use smartphones to book their travel (under 30 years)
– 7.5% of all online travel bookings came from tablets

Digital-Elite-Travellers-Infographic

https://thestrategyweb.com/wp-content/uploads/2017/11/strategywebLogo-300x139.png 0 0 The Strategy Web https://thestrategyweb.com/wp-content/uploads/2017/11/strategywebLogo-300x139.png The Strategy Web2013-10-29 01:11:492013-10-29 01:11:49Travel: The Hyper-Connected Digital Elite (Infographic)

Come on, it's a game! Get some entrepreneurship badges. (Infographic)

28. October 2013/in Blog English, Sales/by The Strategy Web

When Foursquare started their business some four years ago, no-one has had any idea of what “gamification” and “Badge hunting” could be like in 2013. Today, marketers have adapted the new trend in their marketing-mix and started awarding people for coming in their hotels, having more coffee in a shop, or even use it to illustrate how the LEGO product might look like when it is build. Some people might think, they don’t have time for wasting minutes checkin-in at some restaurants or bars. But what if you are an entrepreneur and get awarded for your achievements in setting up a company, or if you don’t work on a major holiday.

Check out the badges you can earn, or better… will earn.

Entrepreneurship-The-Game

https://thestrategyweb.com/wp-content/uploads/2017/11/strategywebLogo-300x139.png 0 0 The Strategy Web https://thestrategyweb.com/wp-content/uploads/2017/11/strategywebLogo-300x139.png The Strategy Web2013-10-28 00:12:552013-10-28 00:12:55Come on, it's a game! Get some entrepreneurship badges. (Infographic)

Interview: "Social influencers move prospects through the consideration cycle"

18. October 2013/in Blog English, Brand Advocates/by The Strategy Web

Kevin BobowskiIn order to demystify the myth around social influencers, brand fans and brand advocates, we will discuss the topic in the future with different leading marketing specialist of emerging platforms and different cloud marketing providers.

In this first interview The Strategy Web spoke with Kevin Bobowski, Vice-President Marketing at Offerpop, about social influencers, their relevance for brand perception, and how he sees the future of brand advocates.

TSW: Will social influencers and brand fans ever play a role in the sales process of companies?

Kevin Bobowski: Brand advocates and social influencers already play a key role at every stage of the customer journey – often simultaneously. Through sharing branded content and recommending products, they build brand awareness, move prospects through the consideration cycle, and help convert those prospects into customers. Companies must do more to nurture the relationships with influencers and advocates, formalizing their involvement in the buy cycle.

TSW: Why is it so challenging for marketers to find and leverage real brand fans?

Kevin Bobowski: I think that most social marketers have a sense of who their real brand fans are. The challenge is in translating that knowledge into real business value. To do this, social marketers must break out of the “social silo” and play a bigger role in impacting marketing strategy. For example, they might work with email marketers to create campaigns that target brand advocates they’ve identified with exclusive rewards. Their ability to communicate their insights across marketing organizations will have a long-term impact on conversions.

TSW: What is a successful tactic to build a strong database of brand fans?

Kevin Bobowski: Marketers should run consistent, engaging social marketing campaigns. These campaigns build strong, active fan bases, and hit other key goals like email capture and sales. One standout tactic: hashtag campaigns. They incentivize fans to share user-generated content, which deepens their relationships with brands. Many brands promote them through traditional channels like TV, and encourage participation through multiple social networks. This grows their viral reach, leading to fan growth and engagement.

TSW: When is a brand fan converting into a superfans?

Kevin Bobowski: Our definition of a superfan is a customer who consistently shares your content, advocates your brand, and influences others to form relationships with your brand. Marketers should track the interactions, loyalty and influence of their fans, and use those insights to create more targeted, ROI-driven marketing efforts across every channel.

TSW: How does Offerpop help to boost the value of brand advocates?

Kevin Bobowski: Offerpop social campaigns help brands boost the value of brand advocates in a number of ways. Number one, we encourage fans to amplify brand messages (through retweeting, sharing, etc.) Number two, we help brands run campaigns that inspire engagement and brand affinity. Brands use our platform to capture rich data about their fan base, which enables them to cultivate relationships with them through multiple channels, like email, direct mail, etc. And they also help brands capture user-generated content, which brands can choose to showcase in a number of ways. All of these actions help brands deepen relationships with their advocates and increase the virality of their messaging.

TSW: Thank you for taking the time to talk to us.

Kevin Bobowski leads all marketing efforts at the social marketing platform provider Offerpop including branding, product marketing, demand generation and digital marketing. Prior to Offerpop, Kevin was the Vice-President of Product & Solution Marketing at ExactTarget where he was responsible for the strategy and execution of ExactTarget’s go-to-market strategy, demand generation programs and product launches.

https://thestrategyweb.com/wp-content/uploads/2017/11/strategywebLogo-300x139.png 0 0 The Strategy Web https://thestrategyweb.com/wp-content/uploads/2017/11/strategywebLogo-300x139.png The Strategy Web2013-10-18 06:33:122013-10-18 06:33:12Interview: "Social influencers move prospects through the consideration cycle"
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