Tag: Google

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For Brands, Social Media Shows Returns but Measurement Hurdles Remain

Executives see improvements in marketing and sales efforts, and market share gains as a result of well-planned campaigns

C-suite executives are increasingly convinced of the benefits of engaging with their customers on social media platforms. A February 2012 survey of 329 senior executives in North America by management and digital consulting firm PulsePoint Group and the Economist Intelligence Unit found that the vast majority of companies who had invested in social media saw a positive shift in their bottom line as a result.

Executives who said their companies had established an extensive social media presence reported a return on investment that was more than four times that of companies with little or no social network engagement activity

Companies should use social media to create spaces for consumers to have meaningful conversations with employees and other stakeholders. Almost seven in 10 respondents said they had seen a spike in their sales by letting customers talk about their brands on social media platforms, even if some of that dialogue was negative. This kind of approach builds trust and credibility with consumers, potentially transforming them into brand advocates whose value is immense, if difficult to measure.

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Demystifying social media

As the marketing power of social media grows, it no longer makes sense to treat it as an experiment. Here’s how senior leaders can harness social media to shape consumer decision making in predictable ways.

Executives certainly know what social media is. After all, if Facebook users constituted a country, it would be the world’s third largest, behind China and India. Executives can even claim to know what makes social media so potent: its ability to amplify word-of-mouth effects. Yet the vast majority of executives have no idea how to harness social media’s power. Companies diligently establish Twitter feeds and branded Facebook pages, but few have a deep understanding of exactly how social media interacts with consumers to expand product and brand recognition, drive sales and profitability, and engender loyalty.

We believe there are two interrelated reasons why social media remains an enigma wrapped in a riddle for many executives, particularly nonmarketers. The first is its seemingly nebulous nature. It’s no secret that consumers increasingly go online to discuss products and brands, seek advice, and offer guidance. Yet it’s often difficult to see where and how to influence these conversations, which take place across an ever-growing variety of platforms, among diverse and dispersed communities, and may occur either with lightning speed or over the course of months. Second, there’s no single measure of social media’s financial impact, and many companies find that it’s difficult to justify devoting significant resources—financial or human—to an activity whose precise effect remains unclear.

What we hope to do here is to demystify social media. We have identified its four primary functions—to monitor, respond, amplify, and lead consumer behavior—and linked them to the journey consumers undertake when making purchasing decisions. Being able to identify exactly how, when, and where social media influences consumers helps executives to craft marketing strategies that take advantage of social media’s unique ability to engage with customers. It should also help leaders develop, launch, and demonstrate the financial impact of social-media campaigns

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Google + Gets a Facelift and New Features

With over 170 Million registered users but dismal usage stats, Google + was in need of  CPR

Google just announced a major redesign of Google+ “to make the social network “more functional and flexible.”

According to  the official Google blog, the redesign is part of its plan to make Google+ easier to use.

“By focusing on you, the people you care about and the stuff you’re into, we’re going to continue upgrading all the features you already know and love—from Search and Maps to Gmail and YouTube,” says Senior Vice President Vic Gundotra in the blog post. “With today’s foundational changes, we can move even faster—toward a simpler, more beautiful Google.”

It looks like Google took a hint from critics and finally recognized that they did not need to reinvent the wheel just make it better.  Did they succeed, it’s a little early to say since the new look and features are being deployed as we speak but we can already see that the home page looks pretty familiar, actually, a lot like a mix of the pre “Timeline” Facebook and the new Facebook interface.

Every Facebook redesign draws a lot of criticism and discontent, but will that be enough to breathe life in Google + and increase time spent on the site, which has been seriously lagging ( a few minutes a month, versus Facebook 7+ hours) and recent CNet statistics showing that March time spent increase 27% over February do little to close the gap.

The redesign does not seem to address the botched integration of Google’s other services particularly when it comes to YouTube, and Picasa

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7 Lessons From The Nikon Social Media Faux Pas

In the world of social media you have to be careful as to who posts on your walls, what they say, how it can be interpreted and what the consequences can be.

Nikon, the famed photographic equipment manufacturer learned the lesson the hard way.

Back in September of 2011, a the following post appeared on Nikon’s Facebook page:

“A photographer is only as good as the equipment he uses, and a good lens is essential to taking good pictures! Do any of our Facebook fans use any of the NIKKOR lenses? Which is your favorite and what types of situations do you use it for?”

Now, anybody involved to some degree in photography knows that a statement like this will infuriate most of the photographers who read it.

I understand what the Nikon employee may have been trying to say, but the way he or she said it came out totally wrong.  It is true that a good camera and good lenses will make a big difference on the quality of the photograph, but at the end of the day, the talent of the photographer remains the key.

Withing hours, the post received a couple of thousands of comments, something most brands would rejoice at, unless, like in this case, the comments were overwhelmingly  negative and the brand had just invested a lot of money on the launch of a new camera.

What can we learn from Nikon?

1-Monitor the conversations about your brand

2-Who you allow to post on your wall is important, make certain they understand and relate to your community

3-Before posting, think about your post a few times.  Is that the message you want to send out?  In doubt, ask a few colleagues, insure it’s congruent with your communication and marketing message

4-Remember that it does not take long for a post with a lot of comments on a business page to attract the attention of search engines, influential websites and blogs and be indexed.  Do a search for the Nikon Facebook page and you will see several pages of websites and blogs with negative reactions to the post, not something you want your community to see.  Bad news travels faster than good and stick longer.

5-When you put your foot in your mouth, don’t wait to see 2000 negative comments to react (it took Nikon over 12hrs to apologize), apologize, do it quickly, sincerely and repeatedly.  If you take into account that a Facebook user has an average of 150 friends, at least 300,000 Facebook users saw the post, that’s not counting the re postings and shares.The kind of exposure no brand wants.

6-Reach out to the blogs and websites that covered the story

7-Building a reputation takes time, damaging it only a few seconds and repairing it a long time.

What are your thoughts?

 

 

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Google + a virtual ghost town?

Google+ is a virtual ghost town compared with Facebook. PC users spent an average of about three minutes a month on Google+ between last September and January, versus six to seven hours on Facebook.

It turns out Google+ is a virtual ghost town compared with the site of rival Facebook Inc., which is preparing for a massive initial public offering. New data from research firm comScore Inc. shows that Google+ users are signing up—but then not doing much there.

Visitors using personal computers spent an average of about three minutes a month on Google+ between September and January, versus six to seven hours on Facebook each month over the same period, according to comScore, which didn’t have data on mobile usage.

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What happens to your online profile when you’re gone?

Three Facebook users die every minute for a total of 1.78 million Facebook users in 2011, what is the future of your digital self?

You might not know what happens when you die but you can control what happens online!

You are filling the internet with status updates, image and video creating new digital dilemmas such as:

Whether you want to live forever online?
How to protect your privacy after death?
How to maintain your digital legacy?
Who to appoint as your digital executor?
Whether You Would Want to Be Digitally Resurrected

Do you know the death policies of all your online accounts?

 

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Marketers Value Social Media for Both Branding and Customer Acquisition

As marketers include social media as part of their overall strategy, 97% agree that it provides benefits and value to their business.

In a survey of more than 700 marketers worldwide, 88% of respondents told Wildfire Interactive, a social media marketing software company, that social media helps grow brand awareness. Social media also benefited marketers by allowing them to engage in dialogue (85%) and increase sales and partnerships (58%). An additional 41% of marketers said it helped reduce costs.

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Social Media ROI Metrics Still Chaotic

Brand marketers continue to struggle with determining return on investment for social media campaigns. Eighty-eight percent admit to gaining positive ROI on campaigns, but a study released Wednesday from Wildfire, a social media platform company, shows that the metrics remain all over the map.

While inconsistencies make it difficult to create and follow industry standards, Wildfire CEO Victoria Ransom said 75% of survey participants said they still plan to increase their social media budgets this year.

Gaining positive ROI is great, but what do marketers measure?

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4 Common LinkedIn Profile Mistakes

With the new year comes the time to clean up our desks, desktops, files…  and start the year on the right foot.

In the digital era and the social media era, we need to add a few tasks to start the year on the right foot.  It’s time to take another look at our social media profiles, clean them up, bring them up to date, optimize them and get them ready to work harder for us.

Let’s start with LinkedIn.  With an exponential user growth, I see the same mistakes over and over again, let’s start with some basic mistakes I see over and over again:

4 common LinkedIn profile mistakes

1-Professional headline:

Your professional headline is your brand, it appears next or under your name everywhere your name appears, in searches, groups… With your name, it’s the first thing users read when they come across your name, make it count.  Your professional headline will determine if someone will merely glance at your name or want to click on it and read your profile.  It’s who you are, what you want to be.

By default, LinkedIn will put in your last job title, is that who you are, what you want to be?  Will that entice potential business partners or employers to take a closer look at your profile?

Take as much time as you need, craft a headline people will remember and entice them to want to know more about you, tell them how you can help them

2-Profile picture:

Social media is a very public space.  Chances are, if you are on LinkedIn, you want to be seen and found, you want to network.

Would you go to a networking event with a mask on your face?  Probably not, then why are you doing it on LinkedIn?

Posting a professional photograph has a number of advantages.

  • Potential contacts do not like incomplete profiles, incomplete profiles send a message that you have something to hide
  • A photo helps potential contact remember you
  • A photo helps identify you are who you say you are
  • A photo builds trust

3-Public profile

Your “Public profile” is actually a misnomer, it’s your public URL.  Think of LinkedIn as a personal website.  Each website comes with a URL (Unique resource Locator), a unique address that  identify them and allows users to find them on the web.

Your “Public profile” as LinkedIn calls it is your personal URL, the address to your personal profile, a link you can add to your resume, marketing material, business card.

Just as any website address, your URL should be short and memorable.

Why short?  The shorter and the easier to remember, the less contacts and potential contacts will make mistakes (typos) when they search for you and the more likely they are to find your profile.  A short URL is easy to remember, it’s easy to add to your marketing material

By default, a LinkedIn public profile link looks like this:  http://www.linkedin.com/pub/first-lastname/24/9a5/766  Try to remember that one, spell it to a potential contact and have that contact type it without mistake.

LinkedIn allows you to chose a custom (also called vanity) URL, the URL looks like this:  http://www.LinkedIn.com/in/yourname*.

Which one would you rather spell, print or type?

4-Websites

By default, LinkedIn adds “My website”, “My Blog” “Other” as the links to your websites or internet properties.  LinkedIn also offers ways to customize the links.  Use that opportunity to rename them, use your website name, your blog name.  LinkedIn profiles are extremely well optimized for search engines, if you search your name, chances are, your LinkedIn profile will come at the top of the search.

As a bonus, renaming the links with the name of your website or blog will give them a lift in searches (SEO effect)

 

 

 

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