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Posts Tagged ‘social media’

More Organic Conversions from Social

June 30th, 2010

Today’s the publishing date for MarketingSherpa’s 2011 Search Marketing Benchmark Report – SEO Edition, and the report has shaped up to be a valuable tool for strategic planning.

One chart I found particularly interesting (out of the 160 in the book) compares the conversion rates for organic traffic between organizations that incorporate social media into their search campaigns and those that do not. You can see the chart in the free executive summary.

Marketers who mix social and search report a 27% conversion rate for organic search traffic, while those who do not report a 17% rate. This disparity is likely due to several factors:

– First, social media marketing is known to improve brands’ reputations online, and a brand with a stronger reputation is more likely to convert visitors.

– Second, a brand’s social media profiles often appear in searches for the brand, which adds to its number of search engine results and increases the brand’s perceived credibility.

– Finally, additional links on the SERPs push down relevant competitors, making the searcher more likely to engage with the brand.

The first point is further supported by additional data in the Benchmark Report. Marketers more often reported social media than SEO as being very effective at improving reputation and public relations.

SEO, however, was more often reported as being very effective at increasing:
o Awareness
o Website traffic
o Lead generation
o Offline revenue
o Online revenue

Reviewing all of these facts reveals SEO as a much stronger contributor than social media to the bottom line — but it also shows social media can dramatically improve SEO’s impact by boosting its conversion rates.

Is your company seeing similar trends? Or something different? We welcome your comments…

Testing Interactive Ecommerce Features

June 21st, 2010

Social ecommerce technology has lifted sales and turned one-way websites into two-way conversations. Ratings and reviews, for example, have tremendously improved the consumers’ shopping experience, as well as many marketers’ conversion rates.

Frank Malsbenden, VP and General Manager, Shoeline.com and his team are already looking for the next winning interactive ecommerce feature. The team maintains several footwear ecommerce sites, including SuperShoes.com, which Maslbenden calls “the perfect sandbox.”

The team often tests new ideas on this smaller site, giving it a unique feature set that’s worth browsing for ideas. Features include:

– One-click voting and tagging

On product pages, visitors can click to declare they “like” or “hate” a product. A score is tallied on the page. They can also tag products, similar to how blog posts are tagged. Visitors can view the most “liked” or “hated” products, or products bearing the same user-generated tag.

– Drag-and-drop sharing

On product category pages, visitors can click product images and drag them onto icons to share their links on Facebook, Twitter or via email.

– Profile and live feed

Customers are given profile pages, where they can track all the shoes they’ve “liked,” “hated,” tagged and shared. They can create a vanity URL and have their profile’s page views tallied and displayed. The profile also shows a live feed of all activity on the site, such as:
o Products recently viewed
o Products recently liked, hated, shared or emailed

Malsbenden’s team is testing these features and others, such as a possible live feed integration on the homepage. Features they deem as winners will be incorporated into the fall redesign of the team’s flagship website, Shoeline.com.

Final Week for Entries: Sherpa’s Viral and Social Marketing Hall of Fame

June 15th, 2010

Just wanted to post a quick reminder that the deadline is fast approaching for entries to MarketingSherpa’s 2010 Viral and Social Marketing Hall of Fame.

You have until Friday, June 18, at 5:00 p.m. EST to enter your best-performing social media or viral marketing campaign for this year’s honors.

Enter your campaign details here

Here are a few pointers to help you with your entry:

– There is no entry fee for this program. You can submit as many campaigns as you like, as long as they used social media or audience participation to achieve strong results.

– Campaigns from 2009 or 2010 are accepted, as long as they were not entered for the 2009 Viral Hall of Fame last summer.

– Results are paramount. We’re looking for campaigns that achieved a significant business result, such as leads or revenue generated. Having millions of views isn’t too impressive in and of itself, unless you can prove that you reached the right people and encouraged them to take some action that achieved the business goal behind the campaign.

– Innovation gets attention. We’re looking for campaign tactics and creative approaches that the marketing community hasn’t seen before.

So gather up your results and creative samples and wow us with your tales of using of social media or viral marketing to record big marketing wins. The honorees will be featured in a special report later this summer that lays out all the details of the campaign approach, measurement tactics employed, results achieved and lessons learned.

Here’s the link again:

Viral and Social Marketing Hall of Fame Entry Form
(Deadline: June 18, 2010)

Thanks, and good luck!

Measuring Social Site Traffic

June 9th, 2010

People who follow your social media updates are likely fans of your brand. Their motivations may vary, but if they’re reading and responding to your content, then they know who you are and they like hearing from you.

“It’s not really surprising that, like search traffic, social media traffic tends to be very qualified,” says Maura Ginty, Senior Manager, Search and Social, Autodesk. “It can be small in volume, but it’s really qualified.”

Ginty’s team uncovered this insight by monitoring social media traffic to Autodesk’s website and analyzing the actions visitors took after arrival. Obtaining data around social media is not difficult, Ginty says. The hard part is using it.

“I think people end up feeling like the data is going to answer their question, but it’s the interpretation of all that data and the filtering of all that volume that really helps provide insight into what to do next,” she says. (Keep an eye on our Great Minds newsletter for an up-coming article on how to improve social media measurement).

Ginty’s team started synthesizing data to uncover the social impact of online marketing campaigns, in part, by using a tool created with Covario. For example, the team can calculate the velocity of a marketing message — the number of people a message reaches in a certain amount of time in social media — and combine it with a sentiment analysis. This information helps the team gauge how quickly messages spread, how people respond, and which efforts have strong social appeal.

“We’ve seen from different areas that a lot of the push of information will end up happening in the first 24 hours,” Ginty says.

Social media is a new channel with unique brand/customer interactions that can be tested and measured. I am excited to see how other industry leaders will start measuring and tweaking their social efforts to improve everything from brand image to conversion rates.

Are you doing any testing in social? Let us know in the comments…

Social Marketing Is Not ‘Lost’ on ABC

June 2nd, 2010

I am in awe of the amount of online buzz generated by ABC’s recently completed television series, Lost. On its Facebook fan page alone, wall posts about the finale each captured 1,200 to 19,000 comments to date.

In fact, Lost generated the most social media engagement of any television show from February through April, the New York Times reports.

How did ABC’s team use Facebook to build such a gargantuan amount of chatter? Here are some tactics I can see from Lost’s fan page:

1. Build anticipation

As far back as three weeks before the show’s May 23 finale, the team posted reminders and teasers about the event. We’ve seen a similar tactic used in Twitter to tease a sales event.

During the final week, ABC posted at least one mention per day. It posted four times on the final day, capturing tens-of-thousands of comments.

2. Provide relevant content

Throughout the countdown, the team sent fans links to Lost-related content, such as:
o A Facebook event page
o A musical tribute
o Video clips

Providing relevant, high-quality content is important to keeping fans engaged. Otherwise they may decide to interact elsewhere.

3. Promote other channels

ABC set up a chat service on its website for fans to discuss the finale in real time as it aired, and posted about it on Lost’s Facebook page. The team also posted a link to a free archive on its website of previously aired episodes and asked fans to “revisit all their favorite moments.”

I am not naive enough to believe these tactics alone were enough to generate the level of buzz the team realized. Lost is a widely popular and well-promoted national television show — it’s going to generate some buzz. However, I do believe these tactics helped ABC bring more attention from its Facebook fans to Lost’s finale.

Guide to Facebook Ads

May 27th, 2010

Facebook this week launched a free Guide to Facebook Ads to give advertisers more information on how to build successful campaigns on the social network.

Facebook Display AdThe guide covers the basics, such as the types of ads Facebook offers, as well as detailed information on how to budget campaigns, target an audience and improve performance.

For example, the guide’s “Best Practices” section provides the following tips:

– Choose one goal for your campaign to better focus your efforts and set a budget

– Create ads with captivating titles, relevant images and a strong calls-to-action

– Use demographic and psychographic reports available in the Ads Manager to determine which audiences your ads best resonate with

– Closely relate landing pages to ads

– Test multiple ads to uncover the best approach for your audience

For marketers already advertising in Facebook, the guide is worth going through to round-out your knowledge and to fill in any gaps. For marketers who are just getting started, or who are considering a campaign on the network — it’s a vital resource.

Connecting Social Networks Pays Off

May 3rd, 2010

When working in social media, many marketers stick to a few areas, such as Facebook, Twitter and blogging. Justin Greis, Owner, Panna Dolce, chose a broader approach.

The Chicago-based French maracron, cookie and brownie bakery relaunched in December 2009 after perfecting their macron recipe for five years. Now, they have a blog and also work in Facebook, Twitter, Vimeo, Flickr, YouTube and other networks.

“We don’t discriminate,” says Greis. “We found there are different types of people who connect through different types of networks, and the more we’re connected and linked up through a central hub, which ends up being our blog and our ecommerce site, the better.”

Amazingly, Panna Dolce’s three-member team is able to keep content fresh in all these networks while maintaining their business. They do so, in part, by connecting as many accounts as possible, so a blog post becomes a tweet, a video becomes a Facebook update, and so on.

“We haven’t seen a lot of interaction on our blogs. But when you link your blog to Facebook, when you like it to Twitter, when you link it to YouTube and Vimeo, you connect with people the way they want to be connected to — and that is absolutely essential.”

The team also generates content by partnering with and writing about relevant sites, as well as covering their own:
o Charity work
o New flavor launches
o Events attended
o Press mentions

The team’s website, powered by Volusion, enables shoppers to share links to their product pages, further increasing their content on the  networks.

All this work is paying off. The team estimates 35% of ecommerce sales come from referral traffic from social networks. That number jumped to about 50% during Valentine’s Day. Also, the team’s work is earning them valuable business contacts.

“We’ve had several offers from big retail department stores that are tasting our products right now to see if they want to pick them up. We’ve had a lot of interest from bigger boutique grocery stores…All of those contacts were made through [online social networks].”

Twitter’s Social Search Ads

April 14th, 2010

Marketers wanting to be heard over the over the rabble in social media may soon have a new tool to capture more attention. On Tuesday, Twitter announced the launch of its first ever advertising program, Promoted Tweets.

The micro-blogging network will show promoted tweets at the top of some Twitter.com search results pages, essentially making the tweets a form of paid search advertising. The tweets look and act as normal tweets, but are clearly labeled as promoted by an advertiser.

This “first phase” of the ad platform is only open to a handful of advertisers, such as Best Buy and Starbucks, and is helping Twitter “get a better understanding of the resonance of Promoted Tweets, user experience and advertiser value,” according to the announcement’s blog post (linked above).

I personally assume a self-service, keyword-targeting ad platform will eventually be offered to a broad range of advertisers–but time will tell. For now, Twitter says they hope to later expand Promoted Tweets beyond their search tool, bring them to other partners’ spaces and into Twitter users’ tweet timelines.

This is yet another case of social media and search engine marketing finding common ground, this time in the area of paid search. Yesterday, we published part one of our two-part social media and SEO special report, which outlined five key trends in social and SEO marketing integration. Stay tuned for part two next week which will feature specific tactics.

Hopefully this announcement will be the first of many which help Twitter grow as a powerful marketing channel. My head is already spinning with different ways sponsored tweets can be tested to increase clickthrough rates and response.

What does this announcement mean to you? What else do you think is on the way?

Social Bookmarks in B2B Email

March 23rd, 2010

Not every marketer’s audience is waiting on Facebook or Twitter, especially marketers in B2B manufacturing. Tim Madel, Manger, Global Ebusiness, Kennametal, is one of these marketers, and his team experiments with social channels anyway.

“We know our current customers might not be using Twitter and Facebook, but we know that the next generation is, and we want to be there and ready for it,” he says.

One way Madel’s team is preparing for a new generation of metal workers is by using Lyris to add buttons to Kennametal’s emails to share content on social bookmarking sites and networks. Although the quick, low-cost tactic does not drive much traffic to Kennametal’s site (referrals from social networks are below 1%), the team hopes the buttons:

– Bring content to correct customers

Many of the team’s email subscribers are purchasing officers, who’re not their target audience. The team adds the buttons so emails can more easily reach people who use Kennametal’s tools.
Kennametal email with bookmarking buttons
– Help current and future customers

Customers who prefer to bookmark using Delicious or iGoogle have the option. And if more customers start moving to Twitter, the team will be comfortable sharing its content on the network having experimented. Other buttons the team includes are for:
o Digg
o Reddit
o Newsvine
o LinkedIn
o StumbleUpon

In a sample of two emails, the buttons captured between 40 and 50 clicks each in each email. This is a very low percentage of all emails sent, but the team is undaunted.

“You’re not looking at high percentages, but in our world, that’s a great number to start with,” says Jennifer Altimore, Site Content Manager, Global E-Customer, Kennametal.

Measuring Social is Vital

February 19th, 2010

Measuring your marketing is the only way to know which efforts are working and which are wasting money. Even if you can’t measure every impact, you should track as much as possible.

After looking at some data from MarketingSherpa’s 2010 Social Media Marketing Benchmark Report, I wonder how many campaigns are only half-measured, with half their impact open to anyone’s guess.

When asked ‘What is your organization monitoring and measuring to quantify social media impact?’ 50% or more respondents said they were tracking:
o Visitors and traffic sources
o Followers, fans and members numbers
o Commentary about brand or product
o Sentiment around brand or product.

Fewer than 50% of respondents said they were tracking:
o Search engine rank
o Lead generation
o Progress toward social media objectives
o Engagement with influential bloggers, journalists, Twitterers, etc.
o Sales conversion and other ROI metrics
o Competitive share of social media coverage
o Criteria to identify and profile audiences

Astoundingly, only 35% of respondents said they were tracking sales conversion and other ROI metrics related to social media.

Getting more website traffic, Facebook fans and comments is very good. But if you’re not sure whether that’s having an effect on lead generation or sales, many executives will ask: what’s the point?

Marketers across the globe are finding use with social media. But if you want the rest of your organization to take it seriously and to invest more in the channel, you should learn as much about its impact as possible. The data talks.

If social media is helping you learn more about your audience, get data on how that knowledge is improving your marketing. If it’s helping your brand’s image, find a way to quantify it. Hypothetical evidence is as solid as a wet paper towel compared to hard data.

Is your team measuring its social media impact? If not, what’s holding you back? Let us know in the comments…