Showing posts with label sales. Show all posts
Showing posts with label sales. Show all posts

Friday, March 11, 2016

Survey Says: The Battle of the Social Media Platforms

The Content Marketing Institute is out with their new report, surveying marketing around the world about content and digital marketing success.   You can read the report here or check out the highlights below:

bit.ly/1SGPytV
And the Categories are:
Choosing the correct social media platform for your business needs is often the most important decision laying the foundation for an effective digital marketing strategy and it's crucial to understand that B2B companies not only differ from B2C in platforms, but in needs.

B2C
  • B2C respondents ranked Facebook as the most effective social media platform for reaching and selling to core customers with 66% effectiveness.  
  • Of the B2C respondents, 76% use promoted posts with 61% finding them to be the most effective, followed closely by social media ads at 59% effectiveness.  (A 20% and 30% respectively increase over last year's results)  
Facebook succeeds in providing a fun and entertaining diversion from work, and businesses directly targeting consumers can find success by focusing on lighthearted content and direct engagement.  Companies based in sports, hospitality, food, and the arts truly shine with this content. Of the companies surveyed 52% reported that they had a stand-alone budget just for sponsored social in their marketing mix.  Add in a boosted post or timeline ad to targeted audiences and generate greater brand allegiance and top of mind consumption.

B2B
  • While B2C respondents spoke to success in the social space less than half of B2B respondents found promoted posts or sponsored ads effective.  
  • Instead far more found paid search a valuable tool for soliciting the right clients at 55% effectiveness, and LinkedIn as the most effective social media platform at 66%.  
While Facebook offers fun and distraction from every day life LinkedIn users are looking to solve problems within that everyday life whether it's how to grow their careers or the right professional to hire for their company's needs.  B2B focused companies can find success in by providing expertise in subject matter through LinkedIn publisher.  B2B companies should take advantage of this platform to provide free information/expertise on vital problems and solutions within a respective industry.  Companies focusing on professional services such as law firms, architectural firms, and accountants can build a satisfying client list through these platforms. By providing knowledge in this space, B2B companies can be seen as experts, build trust and professionalism, and gain long term sales.



Monday, March 24, 2014

Scouting the Crowd – How Marketers are Redefining Sports Fans


www.tourterraba.com (Our Costa Rican tour website)
“Backpacker Bob, Professor Penny, Momma Mary, Single Steve.”  My grad school professor read aloud the list of characters as we sat in a Costa Rican restaurant preparing for our trip home to the States last January.  They would be our fictional audiences for a website we would have two weeks to develop and they sounded to me like something out of a children’s book.  

            In the marketing world we were told they are called personas, and the idea is simple.  Create real life characters for each target market of consumers that might be interested in our “tour Costa Rica with an indigenous tribe” website, with clear needs, desires, and interests and figure out how to effectively market to each.  While the gimmicky character names and stories resulted in a few eye rolls initially, they became an effective tool as time went on for why every decision we made mattered.  Would we need a website responsive to mobile?  Yes, Backpacker Bob would only be able to access our content via a smartphone.  Would we want video content on the site?  Yes, Single Steve would want to show his friends the cool waterfalls and rappelling activities available.  Would we need a questions and answers section?  Yes, Momma Mary would want to know things like safety, nearest hospitals, and what to bring before loading her kids in the car.  Each persona encouraged our team to think of the needs of its represented audience and how to improve the overall experience of our site.

instagram.com/brooklyn_hun
  I hadn’t thought much about the use of personas since my role as marketing lead in Costa Rica, that is until this week, when I traveled to Tampa to visit with Emily Miller, in-game entertainment coordinator for the Tampa Bay Rays.  During our discussion about the great work the Rays have done in their small market to get fans in the seats and create an advanced inner stadium experience, Emily brought up personas as clutch to the baseball marketing business.  “Pat Parent, Fred Fanatic, Sally Socialite,” the names brought a smile, reminiscent of my time in Costa Rica, only here they were the basis for every marketing decision at the Rays.   

Source: http://bit.ly/1nUYUUC
  Fred Fanatic fills most of the weekday attendance, his passion for the game frees the clubhouse from providing extra frills.  He’s a stats reading, play watching, score-keeping traditionalist whose love for baseball brings him to the stadium as often as he can.  Access to game recaps, scores for other concurrent games, and materials on the history of the team, as well as the in-stadium Ted Williams Museum and Hitters Hall of Fame, and season ticket packages are provided by the Rays to keep Fred returning weekly if not nightly. 

Source: http://bit.ly/1fVukQV
  Sally Socialite represents the young professional. She appreciates a ballgame for networking, time with friends, or even just an evening out.  She wants and expects to stay connected to her social networks via her smartphone while at the ballpark, and whether it’s a date night or a girls’ night out, she looks for other concession/merchandise specials and outside entertainment to maintain her interest.  For this demographic the Rays have embraced social media with fan-generated content, check-ins, “tweet ups,” free t-shirts, and company sponsored events.  The organization was also the first to extend the Major League Baseball experience to include an after the game concert series culminating in a more lucrative night out package.
 
Source: J. Meric/Getty Images
Finally, Pat Parent seeks something affordable, fun, and engaging for her kids.  She looks for good deals, family-friendly activities, and experiences her kids will enjoy.  The Rays have reached out to this demographic on Sundays, with kid centered activities for a whole day at the park with group deals for parking, autographs, promotional gifts for kids, popular mascot involvement including a team created DJ Kitty character, opportunities for kids to run the bases after the game, and kid-centric in stadium activities.

Personas have become an easy tool for marketers to remind the rest of the organization who the target markets are and why the strategies they’ve implemented will be effective.  They can be transferable to any business or industry and while they may seem a bit rudimentary they allow the organization to think from the prospective of a representative group member about what his or her demographic's needs might be and how to target content, products, and sales calls in a far less overwhelming way than considering every individual customer.  Consider utilizing these tools when presenting to executives, they are easy to recall, visually entertaining, and often an effective brainstorming tool to encourage conversation and strategic thinking about ways to reach more customers in more unique ways.  Do you use personas in your industry?  Are they successful?  Let me know!