I hope you find it interesting and helpful. Let me know in the comments below.
According to a recent study, Digital in 2018 Global Overview, by We are Social and Hootsuite, the UK are 17 on the list of active social media accounts on top social networks via mobile compared to the population.
Full report below:
Twitter make big moves for the health of the platform, which include modifying search based on behavioral signals and user conduct. I think it’s a positive step forward for the platform.
It’s been a minute… I thought I’d kick of my first post of the year with a quote on community building. This week’s quote is from Megan Adams.
Don’t forget to touch base with your customers once they have engaged with your brand or business.
Three ways to engage with your community through media:
- Paid media – Through paid ads online and across social.
- Owned media – Through your website, blog, and any other channel of communication that you own.
- Shared media – Through the content you post via social media that can be shared.
Have you been on either of these channels lately? They’re booming. It seems a lot of people think Snapchat is in trouble now that Instagram has introduced a face filter feature to Instagram stories. However, I beg to differ. And here’s why…
- The face feature on Instagram are limited, and they’re much less jazzy than Snapchat.
- Instagram’s facial recognition within this feature is slower and less accurate than Snapchat when it comes to the application of said filters.
Perhaps, the most important reason to note is that Snapchat is actually in a strong position within the market. It’s innovative idea to spearhead intimate photo sharing, and creating the original my stories platform, allowing creators to share content in chronological order for 24hrs has been so popular it’s been copied by Instagram, Facebook and Whatsapp amongst others. It seems everyone wants to “own” the camera -as Silicon Valley tip computer vision and augmented reality to be the next big thing.
My final thought
If you are a business Snapchat is not a channel to ignore or underestimate. If you aren’t already on it, you should be. The platform is now focused on growing their partnerships with brands, to create tailored branded content that when gets into the hands of its users, allows people to press and share with their friends or as part of their daily story. And if you didn’t already know – consumers are 7x more likely to buy or engage with a brand that shares video content.
Now think about what I just said, and remember they can share it with their sphere of influence instantly and direct.
As companies begin to think more like their customers, and ideas spread across industries faster, it’s important to be aware that consumers are actively comparing and contrasting business performance when making a decision on where to spend their money. With today’s consumer now looking for control and convenience over their time, money and space companies will be challenged to react to market trends quickly and effectively. In this post, I’ve identified 4 areas that we see playing an important role in defining company strategy in 2017. This is based on findings of a white paper produced by White Space agency.
- New pricing and ownership models
Thanks to Spotify, Netflix and Zipcar who took this ownership model mainstream we are now able to purchase products that were expensive, or used infrequently on a need to want basis. Research has also shown that this of particular attraction to millennial consumers who have less space and money and can see the benefits to removing the burden of ownership. There is also a growing trend in subscription services that provide us with the basics, including; coffee, razor blades and underwear, which saves the consumer time and offers that all important convenience factor. Where it is possible to offer this kind of service companies will be able to maintain value to the customer, and nurture long-term relationships with individuals. Despite the expense of changing pricing models for an established company, I believe it’s worthwhile for companies looking to determine whether products should be marketed and sold as a service, or promote the value of ownership as identify.
- Energy Storage
Fully expect to see lots of changes in the area of renewable and energy storage this year. This shift comes as policy changes to the feed-in-tariff and a fall in the price of renewable energy below the level of oil and gas, contributing to the reduction in the installation of renewables throughout the UK. This being the case you may see those type of companies switch sales strategies and seek alternative revenue streams once Ofgem sets clear guidelines for ‘energy generation’ going forward. The reduction in price to energy storage has opened doors for businesses operating in this space to tackle the issue of whether energy storage units are appropriate for them, or if there is an opportunity to lease additional storage space to the National Grid to enable them to reduce peak demand.
- Customer Service Automation
The power of good customer service will give businesses the power to increase acquisition, retention and encourage brand loyalty. As mentioned earlier the high expectations of today’s consumer now demands an easy, effective and emotive service at their convenience. And with companies like Amazon and Uber leading the way on change, it’s not how well established you are, but how well you adopt new technologies that allow for easy and effective customer service. This means stripping back those long and complicated menu systems and replacing it with voice recognition software that can help people get where they need to go quicker.
Companies who can capitalise on this trend and look for data and ways to problem-solve in real-time, linking up different channels, through one seamless approach will reap great rewards.
- New Payment Methods
Don’t expect to see new technology go viral, but there is good reason to believe there will be improvements in the way payments are currently taken, and opportunities for gathering additional consumer rich data that will provide useful insight to companies looking to strengthen internal analytics functions, and be better prepared. It’s thought that this year will be one of rapid innovation, marked by increasingly sophisticated payment-based data and biometric payments. For example, you can now confirm your identity by looking at your eyes through a camera on a mobile phone – a technology developed by ‘EyeVerify’ and already being used by early adopters such as Mastercard and Atom Bank. With these targeted payment technology options available, suppliers and retailers can now plan on how they will use the data collected from these streams to improve and add value to the customer experience and be different.
As the boundaries between different types of companies become blurred, and the consumer draws comparison from companies across sectors with keywords such as speed and convenience drawing their attention. It’s vital for the established companies including supermarkets, utilities providers and those in the financial sector to identify the trends and take action on market demands to avoid the risk of being left behind.
- Set your goals – what’s the purpose of this campaign? Think about the gains you would like to see from running it. Is it to engage your audience, drive traffic to a particular place, or action? Is it to increase sales revenue? Be specific as you can.
- Choose your channels – Don’t just choose a channel like Facebook because it’s the biggest social networking platform. Think about who you’re reaching, and where they may be. Marketing to everyone will get you nowhere.
- Create your content – value matters so make it count. Get creative and depending on your audience and goals you might want to consider the style of your content. Make sure it adds value to your target consumer in some way.
- Amplify – consider if this is right for your brand, but make the most of your campaign by using social media influencers on the platforms you decide to target. Of course, make sure they are a good fit with your brand, but if your budget allows for this, then this is a powerful tip to heed.
- Paid social – there is no getting away from this if you want serious results on social media, but there are great affordable opportunities to play around with if you don’t have much of a budget for this. A small investment can boost your traffic, leads and with your campaign make it scalable.
- Collect analytics – here want to look at the numbers, but also the quality of the campaign performance. How did your users interact with your content, and did they take the action? Have you reached those all important goals you set at the beginning?
- Follow-up – What will you do to follow up on the success? Don’t let this be a one hit wonder, but look for lessons you can learn from the campaign and ways you can capitalise or reward those who took the action you wanted in some way. Social media marketing is a moving target so have fun, be authentic and always look for ways to add value to your end consumer.