Tag Archive for: Marketing

News Update – Best of the Day

/in , /by

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.

News Update – Best of the Day

/in , /by

How will the future of the workplace look like? I have my views: flexible working hours, mobile offices and driving busness by networking outside of the office. Generally speaking, I love to share ideas and thoughts that I come across like these work displacements. Now that Porsche and VW (partly) banned access to social networking sites, it is interesting to see the other side of the medal. Maybe social networking becomes the main corporate sales strategy in the future. This example shows why the use of Salesforce Chatter could become an optimization of the future workplace.

The good thing about Social Media? People blog about events you could not take part in as they took place when you had meetings, where not in the country, etc. They share their new knowledge and some good case studies of social media campaigns like Juan Martinez who took part in the Social Ad Summit ’10. He tells us about the 5 Dos and Don’ts of Social Media Marketing, he learned from Aaron Shapiro, partner at Huge, Inc..#

One of the succesful modern virals was the Old Spice campaign. AdNews interviewed Isaiah Mustafa on the future of media and on becoming an internet sensation.

News Update – Best of the Day

/in , /by

A recent international survey of 2,200 mothers shows 81% of children under the age of two currently have some form of online presence — ranging from photos uploaded and shared by their parents, to a full-fledged profile on a social networking site, writes Mashable.

What is the futre of social networking? Everyone would like to know that. Social networking technology becomes more advanced and increased online activity makes more robust data sets available. Social networks are changing the way we interact, yes. But what does that mean and offer to people from a strategic point of view. Greg Satell shares his interresting insights.

Sometimes I don’t know whether commercials are creative or not. Make up your own mind about this Japanese blood pressure ad.

The way to the real-time future of marketing mix

/in , , /by

When you hear the term “marketing mix”, what do you think…? Pause! Think… Pause!

Does that sound familiar to you? For some of you it might. To others it blurs as they follow the hypes as new marketing topics that are shouting at them. Or did you listen to their silent tones? Isn’t it better to varify and understand the client before start creating a new marketing-mix.

Watching the latest videos on your Youtube channel, talking to “friends” on Facebook or following the latest conversations on Twitter is one thing. Drawing conclusions out of these conversations on the social web world is another. And taking actions like evaluating adwords versus email versus social network marketing or blogs versus micro-blogs) for your marketing mix afterwards is a third step.

Conclusions might also be that marketers realize that B2B people still read print preferably to online or love real face-to-face conversations. They might find out that these business decision makers think twice before they engage in conversations. Reasons might be social media guidelines or policies. Steps are needed (like social media monitoring) before you start understanding your own marketing mix could pay out (i.e. online and offline focus groups).

Other marketing opportunities have never died although social media still hypes. And there is a reason why the “marketing mix” phrase was created by Neil Borden some years ago. Not only as it is an easy to understand phrase. More as we use it in our daily business as marketers without even noticing anymore. It is in our DNA. It is a necessity. Will it ever be removed? I doubt it…

Isn’t it interesting that we never had something like “The ultimate approach to market your products and services”?

Obviously, there is none. In over 50 years nobody found one. Why that is? Well, the world is driven by human beings and their attitudes to become familiar and aware of new things is a dynamic process. Some people adapt quick, other slower. They prefer to get informed via paper. Some like online (via publisher platforms, social networks or blogs). Some still stay offline (as they are often on planes or trains). Others record TV news programs and watch them on-demand with their iPads. And then others use mobile readers or apps to stay up to date with their favorite brands.

Seeing the social hypes in our business world from an outside perspective, I sometimes get the feeling that marketers have to refocus on where users are in their “adaption of technology evolution”. And not invest all their money in one horse race. Or to use another business anology from a tactical HR point of view: Never let the whole sales team be on the same flight.

Where is the difference in marketing?
Is there one? If all your marketing budget goes on airport billboards and then an oil crisis comes up, the invest equals zero in terms of earn out. Or if you buy just one ad in a service provider catalogue on the web but the world uses Google and cannot find the provider in the first ten results, the budget might be wasted.

Some companies think investing in Twitter or Facebook saves their brands awareness in the future but forget that these sites go down once in a while. And then the data is gone or not accessible. Lucky are those who can be approached from other access points then – be it via a phone call (at most companies I am searching hours for a phone number), at an event promoted with social media maybe, at their corporate website, or the self-hosted community that is not on the popular social networks.

The cocktail of having different access points available, and those interacting with each other, is the marketing mix of the future. Although they might have a single target or focus the are aiming at, the marketing mix should be aligned to one common strategy: Engage the client.

Spot on!
As we are automizing our marketing more and more, we always have to keep an eye open which tools and trends are coming up. As technology evolves quite quickly, human beings tend to forget that they need to adapt their marketing mix accordingly. Having said that it does not mean they have to switch their marketing mix approach immediately. Watch out for the tipping point when your power buyers, your brand vangelists, start using different technology. This is the time when the “adaption of technology evolution” happens…

News Update – Best of the Day

/in , /by

What are good case studies for viral productions? A question, I get asked quite frequently. Please find the link to a selection by AdAge which I would also recommend.

The recruiting business will have changed in 2020. Job Boards have to improve their services and social media could be one solution for it. HR managers should be looking at this list of 10 excellent innovations.

Managers think about how to use LinkedIn effectively. This video gives some advice by Mark Perl and Louis Gray on how to leverage social marketing and networking with LinkedIn.

Social Media study on digital natives released by Volkswagen and MTV

/in , , /by

The new international study “MePublic – A Global Study on Social Media Youth” by Volkswagen and MTV Networks presents some interesting insight into media use and value ethics in the group of 14-to 29-year-olds (digital natives). No surprise that they will respond to one of the findings: Young people want to see networking apps extend to the car… and Volkswagen already works on that app.

“With just under 500,000 fans on Facebook and over ten million visitors on YouTube since the company profile was set up at the end of 2008, Volkswagen already has one of the largest fan communities in the automotive industry. And together with our fans we are breaking new ground in the social web – as confirmed by the recent “App my Ride” competition where we gave prizes to the best developments for applications in car infotainment systems.” Luca de Meo, Group Marketing Head, Volkswagen AG.

The findings show the intensive use of new media and their commitment to brands by digital natives…
– 58% spend time on social networks on a daily basis
– 50% follow product recommendations in social networks
– 43% post their favorite brands on the social web

And the digital natives are well equipped to have best possible access to the new media.
– 94% have a mobile phone
– 92% have a TV set
– 75% an MP3 player

Obviously, there a country-specific differences as the “MePublic” the study lays open. In Japan 40% of the young people primarily use mobile access to their social network which already can be compared with some outlook on the mobile future. 57% of US digital natives use online sources prior to buying a car. In Japan it is only 38% as the young people tend to seek advice direct from the dealer.

The study “MePublic” states six user types based on criteria such as frequency of use, motivation and goal. Amongst those the characters for a “pro-social” world are i.e…
– Mediacs: most active and demanding, technically literate, strongly committed, always looking for something new
– Crewsers: social networks = place to meet up with friends
– Funatics: spectators = like to observe, but are not very active themselves

Spot On!
Generally speaking, the study shows that social networks have been added to digital natives perception of mobility. They want to be available when the are driving. When 60% of the 14-to 29-year-olds are convinced that the significance of mobile social networks will increase over the coming years, it speaks a clear language. If you fear the digital natives are “tweeting and driving”, Volkswagen takes the fear of you: “The driver’s safety remains the top priority.” This nice PR message comes along with the ambitious word about their next iPhone app called “Dieter App”. “The planned application assumes the role of the co-pilot and loyal companion and is in line with the wish for a personalized vehicle expressed by the young people”.

Is this a new approach to humanize a brand perception? Installation of apps that appear like human charaters? What do you think about the study findings?

B2B study: Content tactics marketers are using

/in , , /by

Content in the B2B space continues to be… king. Especially since Social Media conquers the interest of users and consumers, companies have to establish a good content strategy in order to attract the interest of their audience properly.

Junta42 and MarketingProfs, supported by American Business Media and the Business Marketing Association, made a research with over 1,100 North American B2B marketers from different industries and company sizes to understand their thoughts and trends on content topics. The study “B2B Content Marketing: 2010 Benchmarks, Budgets and Trends” is probably the most representative survey about content marketing in the business-to-business (B2B) space for now.

Most companies know the importance of content marketing and make use of it as much as possible. Nine out of 10 organizations market with content. These marketers are using eight content tactics on average. The most popular tactics are social media (excluding blogs) (79%), articles (78%), in-person events (62%) and eNewsletters (61%).

The budgets for content marketing rise. The responding B2B marketers allocate almost 26% of their overall marketing budgets to content marketing initiatives and programs. A good portion, 51% of B2B marketers, plan to increase their spending in content marketing over the next 12 months.

Still, there is no real understanding of how to measure the effectivness of the different tactics. The “confidence gap” is quite large.

Of the 79% of B2B marketers who challenge social media, just 31% of marketers think they use this tactics effectively.

The full study can be downloaded here.

Spot On!
It could be interesting to know who you think produces the most relevant content for the B2B space. Is it the publishers, bloggers, or already the companies themselves with their PR departments? And who will it be in the future? Looking forward to your statements…

News Update – Best of the Day

/in , /by

Every marketer is looking for the key to Facebook success. A study by Vitrue, a social media marketing agency, reveales a secret… which is not a secret in my eyes anymore. As we know it from the email marketing era: Couponing and savings are driving engagement. Images and photos outperformed video and text by 22% and 54% in terms of engagement. Text received 63% more engagement than video when it came to Vitrue’s consumer packaged goods (CPG) brands. On quick serve restaurant (QSR) brands images got 136% more engagement than video and 182% more than text.

How are books looking like in the future? This is defintely a neat idea on how the future of massive text work could be looking like…

Vimeo

By loading the video, you agree to Vimeo's privacy policy.
Learn more

Load video

The Future of the Book. from IDEO on Vimeo.

Social Media is about fans. Football as well. Just look at the power of fans in the stadium. Not virtual! Real! In paper and print!

dmexco 2010 – Flashback in Tweets & Quotes

/in , , /by

The main message of the dmexco 2010 can be concluded as follows…

Marketers have to face the fast dynamics of a changing advertising industry. The new topics they will be tackling in the future are predictive behavioral targeting, multiscreen targeting, augmented reality as well as mobile device advertising and … of course Social Media.

Facing the social web challenge, this means marketers have to look for conversation with their clients, whilst still being authentic, honest, human, friendly, open, conversational, responsive. Business relevant topics are not meant to cross their minds such as contact management and generation, quantitative ROI measurement or sales-driven aspects – and I am not even talking of lead nurturing. At least from a social media user-perspective…

Respect to all marketeers who can make this challenge happen in the future!

My flashback…?
Doing the co-moderation of the conference program was a very exhiting and interesting job. It gave me the opportunity to talk to great marketers (Sidney Mock, Spil Games and Manish Mehta, Dell Inc.), real thought-leaders of the Internet industry (Russell Buckley, AdMob Inc. and Tom Bedecarrè, AKQA) and just fabulous web personalities (Harry Huj, Pepsico Investment and Dean Donaldson, Mediamind).

As there was not much time to look around the halls and the booths, I would like to summarize the event with the 10 tweets and quotes that represent the value, the mood and the atmosphere of dmexco from my perspective.

Future
1. dmexco 2010: The vision of the leaders http://bit.ly/bRyrlQ via @MkDirecto

Augmented Reality
2. Never heard of “augmented reality”? Check out the Museum of London case study http://bit.ly/aucZ4Y via Kaizenadv

iPad
3. Study #iPad Effects: “80 per cent use the iPad predominantly at home” #dmexco #research (translated) via tomorrowfocus

Gaming
4. Sidney Mock, Spil Games, counts 650 million online gamers worldwide via dmexco (More gamers than Facebook users…).

China
5. Harry Hui (Pepsico): “Los consumidores chinos se mueven a otro ritmo”. http://bit.ly/czFA8x via lpittol85

Social Media
6. Great interview with @ManishatDell (my boss) about the value of social media for #dell from the dmexco conf. http://bit.ly/9pjxaF via DennisMSmith

Facebook
7. Joanna Shields: “Marketing develops from a one night stand towards constant connection and ongoing conversations.” #dmexco #Facebook via dmexco

Mobility
8. Dean Donaldson shows the relativity of the mobile progress, reading out a SMS he received during the Mobile Debate. It tells him how expensive roaming is and explains how ISPs limit mobile opportunities like in the AOL age some years ago.

Future Media
9. The future of the media is mobile. Shame *none* of the world’s design/PR agencies have realised: http://cot.ag/dolCIO via Adam Westbrook

Summary
10. Tom Bedecarré, #AKQA, is excited about #dmexco: “What a high energy event with so many people!” via dmexco

Spot On!
After sharing my view, I would appreciate to get your ideas and thoughts. What did you think of dmexco 2010? How did you like the conference program or the debate hall concept? What was positive and negative? Did any of you use the blogger lounge? If so, what did you like or miss? Looking forward to your feedback…

PS: Next dmexco?: Cologne, September, 21. and 22, 2011 !

Foto Credits: Horizont

Marketers relying more on blogs in the business world

/in , , /by

Although Facebook and Twitter are highly rated from internet consumers, blogs are the standard approach for marketers in the business world (b2b).

eMarketer just released a study that states 34% of all US companies are running a public blog. The outlook for 2012 is even more promissing: The study projects an increase by 11 points to a total of 45% by 2012. In 2007 only 16% of companies used a blog for their communication strategy.

“Studies have shown that marketers perceive blogs to have the highest value of any social media in driving site traffic, brand awareness, lead generation and sales—as well as improving customer service.” Paul Verna, senior analyst, eMarketer

Especially smaller companies with less marketing bucks see the potential of blogs. Short sign-of processes, faster internal dynamics and more flexibility in choosing social technology make it easier for a managing director of an SMB company to set up a blog. Larger companies like stock listed companies have more restricted options to go live on WordPress, Blogger or Typepad in terms of potential legal, IR-related and logistical issues.

Though Twitter and Facebook are easier to set up and kick off the conversation with clients, the impact of blogs is manifold. Blog posts are indexable and searchable on Google as well as on other search engines. And blogging has a long-lasting effect. While tweets cannot talk about complex topics and disappear quite quickly from search engines, blog post stay – no matter if you are looking for that information today ot in five years time.

Spot On!
If companies can manage it from a resources perspective, the best way to go forward is to set up many social media access points. The professionals have identified by web analysis and social media monitoring where client engagement takes place and where their clients are talking. In a perfect world, users will find the blog post via Twitter and then use the “Like” button to get to the Facebook page – and ideally find some interesting and relevant content there again. But creating different content for different access points is the biggest challenge…, bigger than writing a blog post. Don’t you think…?