Tag Archive for: Comparison

Report on Messaging Apps: Comparison from WhatsApp to WeChat

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The popularity of messaging apps is increasing. Whether it is the Facebook Messenger where all companies hope for the latest secret sauce on messenger bot technology or Line and WeChat which already offer company profiles. It becomes very clear that messengers are different in terms of functionality, technology set-up as well as the value for brands and companies. Very often in seminar that we hold these days, messengers get mixed up with social networks, and the functionality is not very much clear to marketers. Understanding the differences and the opportunities for brands has become really challenging for them. And knowing which messenger apps are used in which countries and regions will make the lives of marketers easier.

Therefore, the team at Forrester has created a report called “The Future of Messaging Apps“. The report offers a simple overview of the most important facts around messaging apps, user figures and above all summarizes the opportunities for companies as Marketingland summarizes it. And although the world and marketers get mad around Snapchat, the overview states that seven out of ten leading apps got more users than the “yellow messenger”, and also Viber, Kik and Line get more ground and challenge other platforms like Skype which was leading not so many years ago.

The evolution of messengers for brands is interesting to have a closer look at. Unsurprisingly, Asian messengers are leading. WeChat already has got some 10 Mio. company profiles, and even Line has got 2 Mio. of those already. Although Line is not familiar to many brands, they have turned around 1,1 Mrd. USD already ($ 224 Mio. via Stickers which seems to be a good monetization strategy). The messengers Kik (also offering ad opportunities for brands) and Telegram started their own Messenger Bots. On the other side, we realize that WhatsApp is starting to approach companies these days to elaborate on business requirements. So, it will be interesting to see what kind of brand solutions they are coming up with in the future.

Please find the overview in a graphic as follows…

Forrester_Messaging_Apps-Messenger_Brands_Opportunities_User_Numbers_2016

Study: Millennials don't want brands to stalk them

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Credits: Gerd Altmann / pixelio.de

Credits: Gerd Altmann / pixelio.de

The vision of social networks was to create a better exchange between people – whether near or far. But where is consumers, there’s also brands trying to reach out with advertising to them on any available platform. A recent study now shows that Millennials are not really happy with the social advertising activities.

According to the study of Harris Poll (conducted on behalf of Lithium Technologies), that addressed more than 2,300 consumers of all generations, more than half of all digital natives (56%) report to cut back or stop the use of social media platforms entirely.

Even more, 75% of the responding Millenials stated that they feel stalked by brands on social platforms. The reason: The eager way brands do target them in their news feed with the ambition to build trust and loyalty with their customers or consumers via social media platforms in the U.S.

So, what does this mean for brands? Do brands have to live according to a transformed version of the former cold call prevention: “Don’t stalk us, we follow you!”? The study suggests that direct targeting on social platforms via advertising might result in losing customers. It would be more effective to engage and to be present on the channels they use frequently. And also if brands might be tempted to leverage the huge purchasing power coming from the modern generations (Millennials and Gen Z make up 50% of the population), brands need to be careful not to waste the potential of social media and really meet their personal expectations. How challenging this might be in the end…

“The promise of social technologies has always been about connecting people, not shouting at them, and the brands that don’t do this risk their very existence.” Rob Tarkoff, President&CEO, Lithium Technologies.

But how can brands build trust, the study also asked? A question that is also raised in a bi-annual study from Nielsen and might be evaluated in comparison with those results. Obviously, online is their general source of information but their trust in online exceeds that of former generations by far.

Lithium Online Trust 2016

While in the Nielsen study, personal “recommendations from people I know” are leading, Lithium sees “online sites with product reviews” as the highest form of online trust creation. That websites are definitely not “dead” can be seen that both studies see websites kind of in the second place. And, whereas Lithium sees “communities of like-minded people” in the third place (just think about what their main product was…), Nielsen sees editorial content still a very important source.

In terms of service, the Lithium study shows that Millennials contact brands online (79%) and expect a response back within the same day – almost 10% more than Baby Boomers. So, if brands do not actively monitor and engage with the younger generations online, their brand loyalty might go down soon. The best way to interact with Millennials is described in a quote the study also delivers…

“I go on social media to see and know what my friends are doing. I don’t want to see ads clutter my news feed. If I’m interested in a product or service, I know where to look. Social media is a place for us to connect with our friends, not be attacked by advertisements.” Mallory Benham, Graduate Student (23)

So, what are your learning on targeting Millennials and Gen Z via ads on social media?

The YouTube revenues (and more) in a minute (Infographic)

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The guys at YouTube Downloader Blog have created a very interesting infographic. Where they have recently explained why Saudi Arabians are the most engaged YouTube viewers in the world, this new infographic shows us the YouTube world in one minute in order to reveal what happens during 60-seconds on the world’s leading video sharing site.

The infographic shows the amount of video uploaded to YouTube each minute and gives insights in the ad revenue that the site’s top channels generate in that minute. Thus, we get to know that PewDiePie earns more than $13 a minute.

According to the infographic, YouTube generates more than $10,000 in revenue per minute. A figure that is base on the site’s estimated annual revenue of $5.6 billion, which means over $14 million of revenue each day.

Youtube-In-A-Minute

Report: Most Trusted Marketing Automation Tools

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Marketing automation tools are making their ways into the business world, not only for large enterprises but also for small companies some solutions have proven to be promising, and not only since IBM bought Silverpop. However, which tools are the right ones for your business? At least we get some advice now from TrustRadius‘ “Buyer’s Guide to Marketing Automation Software”. They did a report based on 400 in-depth reviews by authenticated end-users of marketing automation products combined with the results of more than 10,000 comparisons performed on the TrustRadius’ website.

The report looked at software solutions that include various demand generation capabilities like email campaign management, landing pages,or even lead scoring. However, the analysis out those providers which just offer one aspect of marketing automation (i.e. only lead scoring). In their focus were those tools that “help to automate and scale repetitive marketing tasks and the analysis of those efforts.”

These were the findings they came up with…

Small Businesses (Up to 50 employees)
Small companies gave quite positive and high ratings with at least a 4 out of 5 (average was 4.3 out of 5 – better than the average in the midsize and enterprise companies). Then TrustRadius ranked the products via two factors: a) average user rating and b) how does the product serve the business segment (determined by the number of comparisons made by organizations of that size).
The leading 3 solutions were HubSpot (4.8, 69% of comparisons by small businesses), Act-On (4.7, 53%), plus Infusionsoft (4.3, 96%). Other solutions like Marketo, Pardot, Eloqua, and Silverpop also got good ratings. Still, they ranked lower as they had a smaller proportion of small business comparisons.

TrustRadius Marketing Automation Small Business 2014

SMB Businesses (From 51 to 500 employees)
The average rating in the midsize company category was 3.9 out of 5. The report shows that a higher demand goes alongside bigger companies and more complex requirements for marketing automation tools. Here, the trusted vendors are Marketo (4.2, 60% midsize category) and Pardot (4.0, 58%). Act-On, Eloqua, and HubSpot also got positive ratings.

TrustRadius Marketing Automation SMB 2014

Enterprise Businesses (500+ employees)
The average rating for enterprise marketing automation products was 3.8 out of 5. Eloqua showed up to be the top marketing automation software for enterprise companies (4.4, 59% enterprise focus). Act-On, HubSpot, Marketo, and Pardot also performed well according to users, but they had a smaller proportion of comparisons from enterprise customers.

TrustRadius Marketing Automation Enterprises 2014

Tell us about your findings. Which tools do you use and what has proven to be successful for you? All insights can help other companies make faster decisions.

A New Don: How the sales profession has evolved from the Mad Men era

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As a fan of the series “Mad Men” TV series, I have to share this comparison of the sales profession development with you. When we compare the decades from 1950-2010, we realizte that there were some significant differences. From Don and his friends’ wild office parties and massive whisky as well as martini consumption to a straight organized reality where sales automation has taken over and social media rules the communication between people.

Although, we still here at the universities and in seminars from the advertising Gods like Leo Burnett and David Ogilvy, Don Draper’s world has seen a radical shift in sales profession. But in which direction…? The guys from Leads360 have created an infographic that defines the main trends we saw lately…
– 1960: In-person pitch.
– 1970: Door-to-door vacuum pitch.
– 1980: Not really specified in any direction…
– 1990: In the beginning email messaging, later customer relationship management (CRM)
– 2000: Social integration (Social Media)
– 2010: Intelligent sales automation

“Over the last 50 years, many of these fundamental sales strategies have remained incredibly valuable,” states the infographic. Maybe you find the reasons why when reading through it.

Today, we are talking of Facebook as the barbeque with “friends and fans” and of Twitter as the chatter at the toilet. Well, it seems that we haven’t moved away from socializing. Maybe we just need to add some drinks next to our screens…

The_New_Don_Infographic_Sales

36% of mobile car search convert within an hour, finds study

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It will be one of these studies that will make the car and travel industry think. Nielsen, xAd and Telmetrics just published the third part of their “mobile path to purchase” study. The research is based on findings for the travel industry, restaurants and the car industry. The study found some significant differences in the consumer behavior from the three industry sectors. Especially for the car industry the findings seem notable…

The research discovered four types of mobile car users: car researchers, car, deal hunters, ircumstantial or emergency users, gear heads. All showed different signs of behavior, demographic and income profiles. There are some significant findings.

Half of the mobile car search was done as a longer term research. However, 49% were “looking to make a purchase within the day.” Even more, 36% of this part converted “within the hour.”

By comparing the three categories, the study found some elementary difference between apps and mobile web usage. While car searchers are heading for mobile web usage (maybe because their demand is not of daily expertise with these apps), the travel search is done predominatly via apps.

The study also clarified some differences between smartphone and tablet user behavior which was especially in the automotive category of importance for the car industry:
– Tablet owners are 3x more likely to be influenced by positive reviews than smartphone owners
– Tablet users spend more time looking at reviews and doing price research than smartphone users
– 42% of smartphone users do some research while in their cars

Most car search activities were business directions (44%), pricing comparison (43%) and phone numbers to business impact (36%).

Frequent traveler are the most connected worker

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What is almost as important for business travelers as water and food? Smartphones and tablets. They are slowly placing themselves as top necessities. Being accessible at airports, at train stations, or on the tube is simply improving by mobile tools which make them the most connected power users of these tools. The question is whether mobile devices make them more effictient in their business efforts? I think they do…

Business Traveler's Mobile Dependence Infographic, created by PC Housing

Business Traveler’s Mobile Dependence Infographic created by PC Housing