Tuesday 28 February 2017

Most users find Snapchat brands by searching for username

Chart of the day: most users find their favourite brands on Snapchat by searching for their username

The research by Snaplytics shows that most Snapchat users wanted to engage with brands and actively seek them out on Snapchat

The latest research in their quarterly updates also shows that Snapchat is the most popular social platform amongst US teenagers.

The research found:

  • More than 6 in 10 (64%) search for brands using their username
  • A quarter of new followers have used Snapcodes and almost 1 in 10 (9%) have used deep links. Snapcodes are QR codes for Snapchat profiles, which may appear on websites and across social media
  • 6 in 10 (61%) of Snaps are video, rather than images

Snapchat has 161 million daily active users.



source http://www.smartinsights.com/social-media-marketing/users-find-snapchat-brands-searching-username/

Stay goal and customer driven, when planning your content strategy

How to build your content marketing strategy?

When the Content Marketing Institute (CMI) recently surveyed businesses about the state of their content marketing strategies, the findings were revealing – nearly two-thirds reported that their organisations did not have a documented strategy. However, for those working in the industry, this statistic wasn’t a great shock.

'I continue to look at that number and shake my head!' says Joe Pulizzi, Founder of the Content Marketing Institute. 'It doesn’t surprise me, though. I do speeches every week and I’ll ask them that question: how many of you have a documented content marketing strategy? And I’ve never gotten more than 40% of the audience responding ‘yes’, even in what I would call advanced audiences.'

Yet with the CMI study also revealing that those with a documented strategy were more effective in nearly all aspects of content marketing compared with those who did not, this is clearly an area that should be prioritised for improvement.

'A properly structured, well researched, and defined content marketing strategy is not only highly desirable, it is an essential ingredient to a business’s success,' emphasises Adam Vowles, head of content and outreach at SUSO Digital. 'The strategy needs to be interwoven into every step of a content marketing campaign and form the backbone of the decision-making process.

'The strategy allows management and decision-makers to clearly understand the bigger picture. This gives marketer’s increased breathing room during the critical early stages of the campaign e.g. moving targets from unaware to aware.'

Jamie Toward, Head of Content for MEC, adds: 'Most brands are looking to establish an ongoing relationship with target audiences to convert them into long-term customers. Without a robust strategic framework marketers are unable to increase the richness of that relationship over time, to create more of what their audiences respond to and to deliver it more effectively. Taking a tactical approach never allows this richness to be achieved and a series of unrelated tactical activities means brands never learn how to make things better next time. Without a strategic framework that allows brands to learn, tactical activations simply represent wasted investment.'

content-marketing-martix

What to consider when planning your content strategy?

Audit

A good place to start is to establish what content marketing capacity the organisation already possesses. This could involve a content audit, allowing an organisation to understand the sources, nature, subject, relevance, timeliness and format of the content they already possess. But this is only half the process, because understanding what you’ve got is not the same as understanding what you need.

'To achieve that, there’s a need to interrogate the analytics of how the current content is performing, to conduct quantitative and qualitative research into what content the desired audience consumes, how they consume it and how it changes their behaviour,' explains Toward.

'By understanding this, it’s possible to complete the gap analysis and create an editorial lay down over time that will deliver what the audience wants, while threading the brand message through the content.'

This work alone isn’t enough by itself to prepare you to develop a content marketing strategy, however. It needs to be coupled with a stakeholder audit which allows brands to understand why stakeholders in their organisation are producing content, how they’re producing, for whom and crucially how they intend to distribute it.

'By conducting this audit a business will understand its internal landscape; capabilities, skillsets, technical platforms and existing processes,'  continues Toward. 'Completing this work will allow a business to create a single, cogent, process for the extraction and creation of data driven insight, in turn driving both creation and distribution and ultimately leading to success measurement and ongoing optimisation. Without this process design, marketers will find themselves continually mired in tactics, and failing to reach the value growth over time that can be achieved through a powerful content marketing strategy.'

Targets

With this groundwork done, the organisation can now start building the strategy by establishing a set of clear targets that it wants to achieve with the content marketing programme. Marketers need to be very clear about the business and communications objectives of the activity at the outset.

'A set of clearly defined goals and targets gives the campaign validity as it gives a set of criteria to measure the level of success. This is turn allows opportunities to be built upon in future campaigns,' says Vowles. 'Even the biggest companies have to be highly targeted with their content marketing. A ‘one size fits all’ strategy simply does not work. Make your best customers your targets at the beginning and then widen your net once you have additional resources.'

Research

The next step in the strategy is for the brand to ensure that it understands its target audience, as this is essential to ensuring that it can create content that will interest and inspire them.

'To undertake a content marketing strategy you must understand your target market,' notes Vowles. 'Who they are, what their interests are, what problems they have, what content they like, what content they do not like, what are their passions, what are their dislikes, what your competitors doing, what are successful companies doing in different verticals, and what influences customers in their buying decisions. Once you understand this, the challenge of content marketing becomes a great deal easier.'

This process could involve creating personas for the audience.

Sylvia Jensen, Director of EMEA marketing, Oracle Marketing Cloud, says: 'Define who the people are that you are trying to reach, what is important to them and what action you want to inspire in them by creating target ‘personas’. Put these persona characteristics in writing and keep it front-of-mind as you define your approach.'

Be as detailed as possible. Tools such as BuzzSumo enable businesses to find out what content has worked well in any sector, by highlighting the most shared content on social media. Brands can also monitor forums and industry blogs to understand their audience’s desires, needs and interests. This helps to identify common issues within the industry which can be turned into top of the funnel content.

Remember, solving problems is a great place to start with content marketing as it drives traffic and build trust.

Goals

With this work done, marketers can now drill down into more specific goals, which should then be documented in the strategy.

They should think about what they want the content to achieve. Simply creating content for content’s sake is a poor strategy. They should think about what stage of the buying process is being targeting.

'The ultimate goal is always to convert targets into customers,' says Vowles. 'However, you need to implement smaller realistic goals such as site visits, capturing an email address or signing up for a free trial.'

Kathryn Dawson, Creative Director at Strategy Digital, adds: 'A content marketing strategy should set out a number of SMART (specific, measurable, actionable, relevant and time-specific), objectives relating to what needs to be achieved, who will complete each activity, within what timeframe and measurements of success.

;Failure to set out these guidelines at the outset and simply rely on a more tactical approach would mean far less opportunity to understand how the methods used are meeting the objectives set out, to optimise those most successful and avoid repeating anything which doesn’t achieve a great deal of traction. Furthermore, a lack of groundwork researching and understanding target audiences and platforms and simply moving from one tactic to another could prove incredibly wasteful through time and effort put into content which gains no traction.'

Interaction

With the customer personas mapped out and the measures of success defined, the strategy can now outline an informed plan of interaction with the audience, planning the content strategy to target them accurately.

A typical journey will take the following steps:

  • Unaware
  • Aware
  • Interest
  • Research
  • Purchase

Brands should target their campaign to follow these steps and help move the target down the list.

The groundwork that has already been done will also ensure that marketers know the kinds of interaction that are most appropriate throughout the journey.

Vowles explains: 'The research and buying personas should give you an indication of how receptive your target audience will be to different forms of contact. This is completely dependent on your audience and your service. Some customers may find you organically through a search engine, others may click on your ads, and others may be better suited to a phone call.'

As part of this, brands could draw up an editorial calendar.

'Build a six-month calendar based on a mix of keyword-driven topics, and some purely creative ones that your gut tells you customers will appreciate,' recommends Jensen. 'You will also need to consider the stages of the buying cycle and what channels you want to deploy the content through. Then, as you review your analytics, refine the calendar to deliver more of what appeals to your customers and less of the stuff that isn’t getting traction.'

A robust platform to build your content marketing

Other factors to take into consideration in your strategy should be ownership of content marketing ('Appoint a content leader and build a team,' says Jensen. 'A good leader will play a crucial role in helping you bring together and manage a strong group of content experts as well as all your other sources of content.') and ensuring you have a technology platform in place to support your programme ('The content production process currently employed by most organisations has been chaotic and manual, at best, often involving a slew of disjointed tools that lead to work overlaps and missed opportunities,' warns Jensen.)

With all of this baked into the strategy, the organisation will have a robust platform on which to build content marketing success.

'Developing a robust content marketing strategy is essential as content is now the crucial factor that underpins digital marketing such as SEO, social media, advertising and PR,' emphasises Dawson.

'A coherent strategy will develop content starting with comprehensive research on the audiences and platforms for sharing the content, then develop it based on the requirements of those audiences and platforms, making it as appealing as possible.'

She summarises: 'A content marketing strategy should first define these audiences, key messages to be conveyed and methods or formats for appealing to them. It will also set out a number of SMART (specific, measurable, actionable, relevant and time-specific), objectives relating to what needs to be achieved, who will complete each activity, within what timeframe and measurements of success.

'Failure to set out these guidelines at the outset and simply rely on a more tactical approach would mean far less opportunity to understand how the methods used are meeting the objectives set out, to optimise those most successful and avoid repeating anything which doesn’t achieve a great deal of traction. Furthermore, a lack of groundwork researching and understanding target audiences and platforms and simply moving from one tactic to another could prove incredibly wasteful through time and effort put into content which gains no traction.'



source http://www.smartinsights.com/content-management/content-marketing-strategy/planning-your-content-strategy/

AdWords to count cross device conversions as conversions by default [@SmartInsights Alert]

Those using automated bid strategies should expect an increase in campaign spend and bids

We've spoken time and time again about how the shift to mobile is impacting ecommerce purchase behavior. Google has been banging the 'Mobile First' drum for some time now, but we still see the vast majority of conversions taking place on desktop despite the fact mobile now makes up a majority of ecommerce traffic.

What is happening is that consumers are browsing on mobile devices, making crucial decisions about their purchase, and then switching to desktop to convert. This makes perfect sense. Mobile browsing is great for getting ideas, but when you find something you want, you need something with a proper keyboard to input fiddly payment details rather than attempting to do it on a small screen.

Now that discovering and researching products on mobile and converting on desktop has become an extremely common purchase journey, cross-device journey tracking has become essential to accurately tracking mobile ROI.

AdWords has allowed users to include cross-device conversions in their conversion column for some time now, but you had to go into your settings to set this up. Including cross-device conversions has the advantage of having your automated bid strategy optimise for these conversions.

So what's changed?

Google announced back in 2016 that cross-device conversions would eventually be counted as conversions by default, which would affect how people's automated bid strategies perform. Now that announcement is being put into practice, and Google will be making all AdWords accounts count cross-device conversions as conversions from March 14th 2017. This could be of benefit for those using automated bid strategies that had not changed their settings up account for cross-device targeting.

It may well be a great move for the marketers investing in Adwords - As we know people research on mobile and convert on desktop this change will mean that the Adwords campaigns start to receive the credit they deserve. While it may increase the CPC, companies will be able to attribute the revenue to campaigns that try couldn't before and be able to justify further investment.

After this change comes into effect it will be worth trialing archived campaigns that didn't report the required ROI before but this may have been misreported when the customer switched to desktop to complete the sale, and be worth a second try.

The most important factor here is that a marketing team can measure the success of marketing activities more accurately which can only be a good thing. The downside is that in the short term you may see a reduction in sales attributed to your other channels particularly SEO and direct as these get reassigned to PPC.

However, it doesn't take a particularly cynical mind to realize that this change will likely mean an increase in bids and campaign spends for most users switching to counting cross-device conversions. This will mean more revenue for Google, and takes away choice from users, who now can no longer opt to only count conversions that happen on the same device on which the device is clicked. That said, it's likely to help PPC managers negotiating with the higher-ups for budget, and better attribution may help you win budget which will ultimately help your company sell more - good news for Google and good news for you.



source http://www.smartinsights.com/paid-search-marketing-ppc/paid-search-strategy/adwords-count-cross-device-conversions-conversions-default-smartinsights-alert/

Monday 27 February 2017

Global social media research summary 2017

Our compilation of the latest social media statistics of consumer adoption and usage

Social networks are now so well established, that there are now a core 'top 5' social networks which doesn't change much from year-to-year. But, as we'll see in this post, the most popular social media sites vary a lot by level of usage in different countries and demographics. So understanding these differences in popularity of different social networks is really important when targeting specific audiences. When comparing the most popular social networks it's best to review them by active account usage, not just the number of user accounts. We'll also see in this summary that some social networks are growing more rapidly than others while some are now in decline.

2017 social media stats update

We'll keep this post updated during 2017 as the latest statistics are published drawing on our recommended top 10 digital marketing statistics sources. We'll be pointing to new data around social media channel penetration in the US from Pew Internet, as well as interactions based on research by Trackmaven, but first, we present the answers to some of the key questions marketers should consider when deciding on how to invest their time in social media. Since it is still early in the year, many graphs will have to rely on stats from Q4 2016 until the stats for Q1 2017 a released.

Q1. Which are the most popular social networks?

This compilation of the most popular social networks worldwide prepared by Statista gives a  clear picture with Facebook ruling supreme. This won't be a shock to anyone! With over 1,870 million active users, it holds an 18% market share, 7% more so than its closest competitor, the Facebook-owned, WhatsApp.

Following from this, we have predominantly APAC favoured platforms, with QQ (9%), WeChat (8%) and Qzone (7%) all with over 600 million active users, highlighting the array of offerings the APAC. We then see a cluster of predominantly western social media networks in Tumblr (6%), Instagram(4%) and Twitter (4%).

Among US users (the most advanced major market and thus a good bellwether for future global trends) Facebook is also retaining a huge lead on the competition. It actually increased it's penetration to 89% of US internet users, whilst Facebook-owned Instagram came 2nd with 32% penetration.

 

Q2. Which are the fast growing social networks?

Every marketer has limited time for social media marketing, so which social network should you focus your efforts on? This compilation from Statista on the growth of Twitter shows how it compares to Facebook, WhatsApp and China's WeChat  - it's clearly losing ground - sad since we love it!

Twitter growth

Q3. Which is the most engaging social network?

Another factor which determines the time we put into social media marketing is the engagement of the audience. Here we again see the dominance of Facebook - it's also got the greatest engagement in time according to this insight from the US consumer panel from comScore.

social engagement

The above chart from Comscore shows engagement in terms of time spent on the platform vs reach among the millennial demographic. It's interesting to see how effectively Facebook dominates, but also interesting to see how well Snapchat is doing in terms monthly usage per visitor.

Facebook dominates social landscape

Facebook's dominance is truly extraordinary. Not only does it take the top spot, it's other platforms also take 2nd and 3rd respectively. Facebook Messenger has an impressive 47 penetration, and Instagram (also owned by Facebook)  comes 2nd for engagement.

In this recent chart from Pew Internet below, we can see in terms of active daily use Facebook is also in the lead. 76% of users log in daily, whilst 51% do for Instagram (owned by Facebook). Twitter manages just 42% of users login in daily, only just over half the Facebook figure.

Q4. What the different interaction rates in social media

TrackMaven analysed 51 million posts from 40,000 different companies over 130 industries to establish which social networks achieve the greatest engagement per follower. The results show that Instagram absolutely dominates when it comes to interactions per 1,000 followers. In fact, it is so much higher than the other channels we've had to include a second chart just to show the difference between Facebook, LinkedIn and Twitter!

social engagment per 1000 followers

Facebook Twitter LinkedIn Engagement

As you can see, Instagram dominates, but when it comes to the other networks Facebook has a considerable lead on Twitter and LinkedIn. This is in large part because people tend to post a lot more on Twitter because it doesn't have an algorithm that only serves posts to a small section of an audience. This has turned Twitter into a bit of fire hose of content where companies have to share more and more often to be heard through the noise. This has resulted in lower engagement per post.

Q5. What is the overall Social Media usage globally?

We also want to highlight the great summary of social media and mobile stats from WeAreSocial Singapore, which is mainly extracted from GWI who they partner with.

For statistics on the social network usage and growth, we recommend Global Web Index (GWI) as one of the most reliable research sources of social media statistics to compare consumer use and engagement across different social networks. Research is conducted in quarterly waves, each of which has a global sample size of more than 40,000 internet users. Many other social media research programmes are no longer active. Although Global WebIndex is a paid subscription service, their blog provides useful insights on digital consumer behaviour and the Global Web Index Slideshare gives the latest top-level summaries which we share later in this compilation.

Each year, We Are Social update their massive global compendium of stats which gives some great insights into the world of social media. It's a great download for presentations. It's particularly interesting how far some countries are diverging in terms of social media use, and surprising that Western Countries are actually lagging a fair way behind in adoption rates.

Annual growth continues apace, particularly in the number of mobile social users, which hit 17% last year.

Asia-Pacific is driving much of this growth, which internet usage rates high and number of active social media users increasing 14% on the year before.

When looking at the world by number of internet users, it really rams home the importance of East Asian and South Asian markets. Digital offers new opportunities to reach these people, although as always cultural differences are considerable challenges to international marketers.

The full report from we are social contains a massive amount of data across 537 slides. It provides country-specific data for the vast majority of the world, so you might want to check out the slides of the countries in your core markets to get a better idea of the current state of social in the areas you operate.

US Social media adoption

US consumer technology adoption specialists Pew Research Center released a new set of data on US Social Media US on October 8th which shows the latest social media trends and how far it has permeated society. Looking at data from the past 10 years, it charts the meteoric rise of social media.

10 years ago on 7% of the US population used one or more social networking sites. Now that figure has increased almost tenfold, to 65%. Of those who use the internet a massive majority of 76% of American's use social media.

Pew social media trends 2005-2015

Social Media has grown massively, but it's growth is now starting to plateau. Interestingly the over 65s segment are now driving growth, as other age groups have plateaued completely and use is hardly growing it all. Among the 50-64 age cohort, use hasn't increased since 2013. 
Pew social media trends by age group

Social network popularity by country

This is a great visualisation of the popularity of social networks based on the interviews in the GWI report. If you pick out your country it's probably way behind the countries in which these four core social networks are most popular. Indonesia, Philippines, Mexico, India and Brazil are in the top 10 for each with significantly higher levels of use than the US, UK and European countries.

2015 Social network popularity by country

Use of social networks by different demographics

This chart is striking for the similarity of usage across different age groups. It shows that the social networks are now at a stage of maturity where they give opportunities to reach all age and gender groups. The exceptions to this are Instagram and Tumblr which are clearly popular with younger age groups.

Demographic use of social networks - age and gender

 



source http://www.smartinsights.com/social-media-marketing/social-media-strategy/new-global-social-media-research/

Mobile users still not converting

Chart of the Day: Conversion rates of online shoppers by device and platform

Data based on more than 1.9 billion shopping sessions collected by Monetate, clearly shows 'traditional' (desktop) web users still have conversion rates more than triple that of those browsing on Smartphones.

It is interesting though that tablet ecommerce conversions are only very slightly behind desktop conversion rates. It seems screen size does have an impact on conversions, since people don't want to ijphone screens. This may mean new tools, like chatbots, can change the mobile user experience and make conversion much simpler. By removing the need to complete complex forms they could lead to a big leap in mobile conversion rates in the coming year.

It's also interesting to look at conversion rates by device, where Mac leads with Windows close behind. The Chrome OS, which runs on Chromebook is also a strong contender here.

 



source http://www.smartinsights.com/mobile-marketing/mobile-commerce/mobile-users-still-not-converting/

Marketing automation: an industry ripe for change?

Is the Marketing Automation Industry about to be disrupted? 

Marketing Automation software is on the rise. In today's digital landscape, most marketing departments have to automate tasks such as emails, social media, and other website actions. The technology of marketing automation makes these tasks easier, by enabling companies to connect with their various customer segments or personas at designated times, based on set parameters that respond to a customer's relationship or previous interactions with a brand.

As marketing teams are required to establish more frequent and bespoke conversation with customers and other potential clients, marketing automation software has fast become a staple of most marketing teams.  

HubSpot and Marketo are the pioneers in this field, and remain the most widely used marketing automation platforms in the web, with tens of thousands of companies using them to optimize and automate their inbound marketing efforts. While HubSpot has traditionally focused on SMBs with their 'out-of-the-box' solution, Marketo is often used by bigger companies that require more complex integrations with additional platforms such as CRM, advertising or billing platforms.

But with fast growth and adoption of new technology comes competition, and the industry witnessed a seismic shift over the past year which could challenge the current landscape. New marketing automation platforms that cater to different niches and provide additional value to their customers have been growing aggressively. 

New data from SimilarTech shows the annual growth of the leading automation platforms in 2016. The insights show which platforms are more widely used among the biggest sites in the world (top 1 million). The chart below shows that HubSpot remains the undisputed leader, with over 4000 sites opting for what many consider the creators of the 'inbound marketing' concept as we know it today. In second place, Marketo remains a leading platform but TowerData and LiveRamp have nearly as many users. 

Some of the fastest-growing players such as LiveRamp are focusing on collecting and providing superior customer data to empower their customers to personalize their campaigns more efficiently. Other companies are focusing their platforms on perfecting a single element of the outbound marketing operation. For example, TowerData's platform focuses on email marketing - with a product that that aims to increase email engagement and conversions. 

If we look at the annual growth, we can see how LiveRamp and TowerData are exponentially growing. However, all other players have increased their customer base by at least 40% in the past year, showing that there's ample room for growth across the entire industry. Pardot, OutMarket and Emarsys managed to double their penetration among the biggest sites in 2016 alone.

Today, more than 335,000 websites rely on one (or multiple) marketing automation platforms and as the annual growth stats show, it's an extremely fast-growing industry. It will be interesting to see what happens over the course of 2017. The only thing we can be certain of, is that new players are entering the market with great force - as this market matures and expands, today's leading platforms can't afford to rest on their laurels.  



source http://www.smartinsights.com/lead-generation/marketing-automation/marketing-automation-industry-ripe-change/

Sun Tzu and the art of digital marketing strategy [Part 2]

Thinking like Sun Tzu to improve your strategic position

This is the second part to last week's interpretation of how Sun Tzu's Art of War can be applied to digital marketing.

Here I'll cover three ways in which applying Sun Tzu's Art of War can help develop your marketing or digital marketing strategy, starting with the 5 elements...

The 5 Elements to defining your strategic position

Sun Tzu defines five key elements to help understand your position that make total sense when applied to marketing too. Your strategic position is never strong or weak... it is only strong or weak in relation to something or someone else.

  • Mission or the way: This is what unites all of the people in the Army (organisation) and the customer. It helps everybody to share the same goals and objectives, it allows everyone to 'get real', to feel that what has been set out is believable and not full of self-deceit. Is this clear and believed in your department or organisation, is everyone facing the same way, for the right reasons? More often than not, bigger organisations struggle here, they're fragmented and it's much harder to get clarity. Smaller organisations are more easily re-grouped, missions defined. Is this one reason why we often see large organisations losing out to small up-starts?
  • Climate or the seasons: These are the trends that change your situation from moment to moment, so what's changing for your organisation? Is the timing and the environment or marketplace providing the opportunities to advance your position? The online marketplace is particularly dynamic and not everyone has a  process to exploit this.
  • Ground or terrain: This is where the contest for such a position takes place and new grounds open up everyday, where your strengths beat that of the competition to serve your market. The ground (market) provides the prize you seek to win. It defines the game and the unique rules. Experts talk about disruptive innovation to create and open up new ground to compete on. Is this on your agenda?
  • Command or leadership: It's all about you (and your management team) and the unique quality of character and leadership that are brought to your situation. It inevitably involves brand clarity from a marketing stand-point, particularly in brand ethics and brand values. Leadership is also the space where decision-making takes place, and where there's creativity and personality.
  • Methods or management: This describes the tools, tactics, skills and techniques that are to be deployed, mastered and managed. Things that need to be done with other people in order you can win. Strategy is itself a system to understand, comprising of tools, techniques and tactics.

Tzu says that only when you out-score your competitors on each area do you have a genuine strategic position, it's then time to advance...

Spot and advance your opportunities

With a clear strategic position comes the ability and requirement to focus! Now you can now see the wood for the trees and you're not trying to do everything.

With this in mind, one of the fundamental rules of Sun Tzu's thinking on strategy is that you cannot create opportunities. Once understood, this realisation helps us stop trying to do what is impossible. You see that your opportunities can only be created by the competitive environment itself, and by learning to see them you also see that those opportunities are all around and constantly changing. We hear the "gap in the market" exclamation a lot, right? Doesn't mean it's relevant though.

Whilst having better information than others is always beneficial, better information is rarely required to make better decisions than the competition. All we need is better knowledge of what the key information is, tools to access it and a clearer focus on using it in relation to our goals, more than other people have.

  • Spot the openings - The "openings" in the environment that allow you to advance your position in the direction of your mission. These openings are usually small, but by taking advantage of the small openings, you eventually position yourself for the big advances you want. Sun Tzu's system of opportunity development provides a set of technical tools that allow you to identify openings that you would normally overlook.
  • Advancement - Listen - Aim - Move - Claim. Opportunities develop from the first two and progress through the last two. Listening identifies and Aiming prioritises these opportunities, identifying the smallest, easiest, and least costly moves that take you where you want to go. The Art of War is about the smaller unstoppable steps, these then compounding in larger leaps over time. Moving teaches you how to respond appropriately to the situations as they are. Claiming identifies the potential, control and the methods for making the best of a new position.
  • Speed matters - Making quick decisions is critical because fast, short moves are always more powerful than long, large moves. This is a big deal for Sun Tzu. Smaller, faster groups also make more progress than larger, slower groups. You create strategic leverage by putting a small amount of the right resources in the right position at the right time. Windows of opportunity often open for just a moment, you must see and react to them instantly.
  • Monitoring the environment - Situational strategy is about building the shape of a situation and the environment. As characteristics become clearer, you know the responses necessary. Without that awareness, you cannot see the plot much less know how to respond to it. In marketing this might be monitoring data from multiple sources, combining that with social listening and being plugged in to industry knowledge - all this enabling you to know that the terrain is changing or that a competitor has intentions that impact you.
  • Avoid competition where possible - An important aspect of situation response is the ability to avoid conflict. Since conflict is costly, you need to see the mistakes that lead up to conflict and avoid them. You develop the insight, looking for ways to make victory pay. Your success is much more certain when conflict is avoided. If you set up situations so that the elements are all in your favor, you discourage people from attacking you and make it much more likely that they will join you.

Success over the long-term doesn't come from making perfect decisions about opportunities, but simply improving your decision-making.

Sun Tzu's rules for decision making with limited information

By way of more background, I was also intrigued by the logic in taking the right decision. Given that we know information is relatively limited, you'd think it would be more of a problem. I know most marketers feel that way, but not for Sun Tzu, this is just the natural chaotic environment. For him, control is simply calm moments, in what is an otherwise stormy and chaotic existence. Interesting stuff that feels relevant I'd say. Here's what Tzu recommends that we ask ourselves:

  • Is a decision needed? If we have nothing much to gain or nothing much to lose, we should avoid acting on information at all no matter how interesting it is. Action is always costly and just because you can doesn't mean that you should. Does this decision really need to be made now?
  • Manage the cost risk in a decision. The value of a decision is only half the equation, does it have a cost if wrong? We make wrong decisions all the time because we don't have perfect information about the future and those outcomes are invaluable learning tools. Is any decision based on this information safe for the business if the information is wrong?
  • Ignore information that doesn't relate to the decision. Information not related to the 5 key elements (above) can be very interesting and quickly distracting - that doesn't make it relevant. Trend information can be the worst for the this in marketing ("compared to this time last year..."). When information arises ask if this information were different, would it change my decision?
  • Weigh up the relative importance of information. In competition, everything is a comparison, this is core to Tzun's teaching. All the remaining information affects our decision, but not all of it is equal in its impact. Which information is most influencing my decision?
  • Test information quality against our own knowledge. We are often interrupted and influenced by the worst and most inconsistent information simply because it seems to demand attention. This happens to a frightening extent today, check out all the info-graphics 🙂 So, Given all we know about the situation we're in and its history, is this information likely to be true?
  • Inconsistent information is most likely wrong. Information can be wrong because somebody somewhere has an agenda, or maybe there's technical or human error, poor team communication, misinterpreting of external events, or maybe things have changed since the information was originally gathered. How can this information be quickly verified?
  • Balance the cost of collecting more information against the value of quick action. Action might be the quickest and least costly way to get better information. Due to something then happening, a decision and then action is the only way to get more information. If reliable, relevant information can be gathered more quickly and easily without action then we should gather it, but decisions can always be avoided by using the excuse that more information must be gathered. Sounds familiar!? So is action the fastest and least expensive way to find out more?
  • Acting to learn more is usually best. Situations keep changing, and faster than ever. We can never gather enough information to always make the best decision because so much of what we need to know is unknowable. If action is the best decision, it is best to act now before the situation changes and we need to start again. Doh! So when thinking why wait? it should never be for more information!

We hope that our brief flirt with Sun Tzu's strategic teaching has been useful? We'd love to know if it helped and entertained or hear how you applied Sun Tzu.



source http://www.smartinsights.com/online-brand-strategy/brand-development/sun-tzu-art-of-digital-marketing-strategy-part-2/

Anchor content is the key to getting your content machine to deliver results

Tie your audience down with Anchor content

As the Smart Insights - HubSpot Content Marketing 2016 research shows, content now forms an essential element of nearly everything we do as marketers. Planning, creating and distributing great quality content is not just the domain of content marketers; it covers email, advertising, CRM and just about anything else we’re involved in. Content excellence is now so crucial to how we communicate and gain traction with consumers that it’s become an important priority for many marketers in 2016 and beyond.

Yet, despite its importance, gaining consumers' attention is becoming more and more difficult. In an attention economy, that’s become increasingly competitive, ‘content shock’ the incessant deluge of mediocre content that is blinding audiences to brands’ content efforts - means that content has to have genuine quality and relevance to achieve cut-through.

The rise of ad blocking software, the decrease in organic reach on social platforms such as Facebook and declining referral traffic for many brands are all signs that the bar for quality content has been raised. And this impression is backed up by data from Chartbeat and Buzzsumo that indicates that much of the content being produced is not being read, shared or linked to:

do we read the articles we share

Source: Chartbeat, 2016

The chart above indicates that there is no relationship between how much a piece of content is shared and the amount of attention an average reader will give that content.

total shares across all networks

Source: Buzzsumo, 2016

The chart above shows that the vast majority of posts receive very few shares or links, two metrics that indicate proactive engagement.

Build your content plan around an anchor

Let's consider a publication such as Wired. What is it about the content that Wired produces that keeps people reading and subscribing? Although Wired offers many different articles every month, there are often one or two stand-out features, as well as regular features, that grab people's attention and keep them engaged.

This is also true for services like Netflix. Whilst there are hundreds, even thousands of different series and movies to choose from, it’s the flagship shows such as ‘House of Cards’, ‘Making a Murderer’ and ‘Orange is the New Black’ that gets people hooked and encourages them to keep on watching and, more importantly, subscribing every month.

These features are authoritative, data-driven and remarkable. They’re different from everything else and can be described as anchor content. Like a real anchor, this content has weight, substance and connects everything together.

The concept of anchor content was first explored by Eric Enge in his excellent post for Marketing Land in March. The methodology that works so well for Wired and Netflix can be applied by marketers and provides a useful framework for anyone involved in content planning across different channels.
The figures below illustrate the positive impact of anchor content on a regular email programme:

content plan

The graph above shows the decrease in engagement over time once the initial buzz and interest of the campaign dies away. The content being produced (the green circles) is useful, relevant and seasonal, but without anything remarkable to spark interest the brand is left with dwindling engagement levels.

anchor content plan

The second graph, however, shows how the inclusion of anchor content (the orange circles), including key features and high-quality evergreen content, can boost engagement over time and keep the audience motivated to keep clicking through and reading. The brand has identified what resonates with the audience and has planned in advance where to include anchor content to maintain interest.

Three key principles of anchor content

The principles of anchor content are not new but they are useful for reminding ourselves and clients of what makes an effective content campaign. Three principles that stand out for me include:

1. Start with a weighty anchor

A piece of solid, authoritative anchor content can form the centre point of a campaign, from which less detailed, more supplemental content can be added.

In the email campaign example above, the spikes in engagement were the result of strong anchor content that introduced a theme for the quarter. In the following weeks and months, other pieces of supplemental content ‘riffed’ on the main theme, building on the interest the initial piece generated until the next quarter.

2. Quality beats quantity

An endless stream of ‘OK’ content is unlikely to have a positive impact. The days when large quantities of content could achieve results, particularly in search, have long gone as a result of advancements such as Google’s Panda algorithm update. Audiences are busy, distracted and have more choice than ever before so they expect better.

However, it’s impossible for everything to be ‘hero’ content, there just isn’t the time, resource or audience appetite. But that’s not the point of the anchor content approach. Instead, content planners should consider how different campaigns or programmes can be structured in a way that uses key features at certain points in time to anchor interest and generate buzz.

Some of this type of content was explored in our post on ‘10x content’.

3. Focus on what your audience finds fascinating

Data is your friend! With so many analytics tools and resources available, there’s really no excuse for not measuring activity to identify what is resonating with your audience.

Look at the trends and patterns between the different pieces of content that generate high and low levels of engagement. What is it about each that works well/ not so well? What can you take from the data and apply to your next piece of anchor content? This insight will help you to narrow down the content themes, formats and distribution channels that work.

Summary

The sheer deluge of content consumers receive today means that brands and marketers must work increasingly harder to achieve cut-through and generate engagement. The anchor content approach is based on the concept that specific pieces of high quality, authoritative content can be used as part of a new or existing campaign to spark interest and keep audiences engaged.

Anchor content is about producing content that stands out from the crowd to help you establish yourself in an increasingly noisy mediascape. The goal should not be about producing large quantities of content but creating content that is remarkable, adds value to those that are listening (i.e. not always the mass market) and is data-driven.



source http://www.smartinsights.com/content-management/content-marketing-strategy/tie-audience-anchor-content/

Friday 24 February 2017

YouTube plans to remove unskippable 30 second ads in favour of 6 second ads – How will your video production change?

Chart of the day: 3 of the top 5 Youtube Adverts from January are over 2 minutes long

Earlier this week news came down the marketing grapevine that Youtube/Google was going to no longer support unskippable 30-second ads in a move that they describe as "providing a better ads experience for users online". This change is scheduled for 2018, so there is still plenty of time to use this type of Ads if you already have them in your upcoming campaign plans.

Come 2018, Youtube will still offer unskippable Ads but of the 6 seconds variety. Less annoying (and much less mobile data) for the user but will cause a rethink to many brand's video strategies.

I am very interested in how brands will adopt to the standard of skippable and 6 seconds unskippable ads and move away from the 2-3 minute mini-movies that are a trend of the last 12 months.

This change will also challenge creative agencies be even more creative when they are tasked with showcasing branding, visuals, message and CTA all in under 6 seconds. While these changes to Youtube's Advertising options are relatively small , they are in stark contrast to Facebook who are embracing longer videos to try and engage users with the brands more effectively.

As this is a chart of the day, here is a rundown of the top 5 Youtube Ads in January 2017 from 5 to 1 for the UK.

In at #5 - Food Dancing (Yum Yum Yum)’ Video - MysDiggi x Sainsburys advert

#4 - #MyFutureSelf - New Balance

#3 - Unleash Your Creativity - Adidas

#2 - How Cisco is making Cyber Security Simple - Cisco

January's Chart topper - #1 - Do you believe in more? - FKA twigs x Nike

Come 2018 what will we see in the top 5 ads? Who knows but I can't wait to find out.

As a final video - here is the top video from 2013:



source http://www.smartinsights.com/social-media-marketing/youtube-marketing/youtube-plans-remove-unskippable-30-seconds-ads-favour-6-seconds-ads-will-video-production-change/

Master Your Influencer Engagement Strategy

The Art of Listening: Put your Influencers’ Needs Before Your Own

Today there are over two billion active social media accounts worldwide, growing by 12 percent in the last 12 months. For all the media hype that still surrounds the world of social networks, there is one thing people have come to accept: it’s not going anywhere.

Virtual networks are built on the illusion that everyone likes everyone, and everyone can be “friends.” However, what is truly needed in order for people to build meaningful relationships with each other is the synchronicity of shared experience. That’s because no matter how “friendly” your interactions may be, they are not in person.

One challenge organizations often encounter in implementing influencer marketing programs is taking those first few steps to engage with influencers. There’s often this moment of fear that you might not be following best practices, offending someone, saying the wrong thing – we all know the feeling.

Discovering the Right Approach to Influencer Engagement

Reaching out to influencers can be intimidating. What’s the right approach? What should you say and how should you say it? What should you ask for--and when? Understandably, marketers have shied away from creating these connections in favor of driving conversions. But it doesn’t have to be that way.

By understanding what matters most to your influencers, you’re one step closer to connecting with the people your customers trust the most. Thereby connecting your future customers with your brand.

Building Influencer Relationships Starts with Human Interaction

What holds true in the offline world holds true in the online world too. Relationships start to take hold primarily by listening and talking to each other. Before you can engage with influencers, it’s critical to have a good sense of their needs. Yes, you know how often they’re talking about your topic, but what does that tell you about them as people? Because, ultimately, influencer engagement is about human interaction.

Best-in-class Marketers Listen to Prioritize Influencer Engagement

Best-in-class marketers begin their day by listening. Follow in suit, that way you can monitor activity, listen and participate in relevant conversations around your topic, and prioritize your engagement. The key to building lasting relationships with influencers lies in conversations. Make sure to listen regularly to gain golden nuggets of information, which will help you uncover optimal opportunities to engage with them.

Consider These Five Actionable Tips to Help you Listen to and Participate in Relevant Conversations:

  1. Become familiar with the content that your influencers create and share online, e.g. blogs, twitter feed, LinkedIn posts, and YouTube videos
  2. Get equally familiar with their business sites and offerings (if the two are separate)
  3. Comment regularly on their blogs and social media posts
  4. Participate in non-work related conversations they are having, if you can do so without coming off like a stalker
  5. If you have shared personal interests, then don’t be shy about initiating those conversations or even meeting in person

Build relationships Now - Not When you Need Them for Marketing Campaigns

The hardest thing for marketers to do is aside their tactical goals when engaging with influencers. It is however the only path to success. Unless you genuinely work towards providing them with value  and expecting nothing in return, all your conversations will be loaded. Give, give, give, before you get. Start more conversations for conversation-sake. Support your influencers by sharing their content and amplifying their message first. Maybe initial conversations don’t directly benefit your marketing strategy, but they let the human on the other end know you’re interested in them.

And above all…

Don’t be in a hurry to ask your influencers to do ANYTHING. The road to influencer engagement is all about the journey, not the destination. If you follow these aforementioned steps, then your influencers will be more than willing to help you at a later stage.

influencer engagement

How Luxury Jewelry Brand De GRISOGONO Engaged with Influencers to Reach Millions

To further illustrate this point, take for example the luxury jewelry brand De GRISOGONO who leveraged influencers to engage with a new audience.

De GRISOGONO engages with key influencers all year round but events provide unique opportunities to create impact and to establish new relationships. Prior to the Cannes Film Festival 2015, the brand targeted a very small number of influencers from luxury, lifestyle, and fashion industries, and started building these relationships months before the event.

The team listened to conversations online to get to know these influencers and to offer valuable and mutually beneficial opportunities—from VIP access, photos, and interviews, to producing content featuring them to share with their own social channels.

The De GRISOGONO team uses Traackr to listen to conversations, identify the right influencers, and engage with their communities. Leveraging this insight, the team developed content plans around the events, tracked mentions and live engagement, and measured the impact of each activity. This enabled De GRISOGONO to do what no other brand had yet done in Cannes: Instead of trying to talk to millions of people, they focused on talking to a few influential individuals and indirectly reached millions.

How to Get Started with Influencer Engagement Today

  1. Identify the most relevant influencers for your business
  2. Learn as much about them as you can by listening and engaging in relevant conversations
  3. Engage in the conversation like a human being and remember that making meaningful connections will help your influencers become aware of your brand

People are far more likely to be receptive to what you are saying if they feel you’ve been listening to them. So listen, be empathetic, and respond thoughtfully and consistently.
Learn ways to elevate your influencer marketing practice like never before. For more actionable tips to build relationships and engage in meaningful conversations with key influencers to your brand, download The Marketer’s Guide to Mastering Influencer Engagement.

the marketers guide to mastering influencer engagement



source http://www.smartinsights.com/online-pr/influencer-marketing/master-influencer-engagement-strategy/

How to take a more data-driven approach to digital marketing with DMPs

Crawl, walk, run: three steps to establishing an effective DMP

As digital marketers we're all too aware of the importance of data. For example, the typical fortune 1000 company that sees a 10% increase in data accessibility generates $65 million in additional revenue, whilst bad or poor quality data costs organisations as much as 10-20% in revenue.

Although Big Data is no longer a new area of interest for marketers, the constant change in trends and focus mean that we must always stay up to date, if not one step ahead, of the trends to ensure we hold a competitive advantage. Just consider the sheer complexity of data-related terms:

I recently attended a data-driven marketing event run by the Omnicom Group which gave me the opportunity to look at some of the insights and trends from those working at the sharp-end of data marketing. The event was roughly grouped into three areas:

  1. Data and technology
  2. Programmatic
  3. Predictive analytics

One of the themes that stood out throughout the event was the importance of organising and exploiting data effectively and the need for a robust data management platform (or DMP). Establishing a DMP is not straightforward, however, there is a process any business can follow to ensure they set themselves up for success.

Not all data is created equal

As a starting point it’s worth summarising what data-driven marketing is and why it’s important:

Identity is key to understanding consumers and seeing changes in behaviour over time. However, we need to identify the most valuable data sets (which often sit in silos across organisations) and use analytics to extract the right insights.

3rd party data is useful but it doesn’t provide a competitive advantage, and whilst 2nd party data has many advantages it’s been held back by legal constraints. Therefore true competitive advantage lies with 1st party data:

The scale may be much lower but the quality cannot be beaten as this is data you own, collected from your own platforms. Nevertheless the overall goal should always be to find the right data sets that match your organisation’s objective.

Establishing a DMP

In order to gather and make sense of the huge amount of data being created, a DMP is becoming a prerequisite for nearly all types of business:

A DMP is essentially a data warehouse that harmonises data from multiple sources to build segments and can answer many different business questions:

Whilst there is no such thing as a ‘one-size-fits all’ approach, the creation of a DMP - from scoping to deployment - is a process that can be followed by any business, large and small. There are three key stages:

  1. Crawl
  2. Walk
  3. Run

I will outline the main details for each of these stages relating to operations, use cases and technology:

The crawl stage

At this early stage you should spend time defining your business objectives and how you’re planning to use a DMP. This planning process can be conducted as part of a small team as you uncover the opportunities and challenges.

  • Be clear up front on your definition of what a DMP is for your business and what is most important. Reporting, CRM and/ or media may all be priorities but remember that some DMPs are more advanced than others so there’s no need for a Ferrari when a Ford Mondeo will do!
  • Always budget for set-up, usage and training as well as the technology. Consider who will be using the tech internally and their current level of expertise
  • Think about how you'll define audiences across your business and who you’ll want to target. Get a consistent definition of audiences upfront that everyone can buy into:

  • Site tagging forms the foundation for effective DMP deployment so conduct a tag audit early on that covers:
  • Load times - highlight the most critical/ important pages
  • Data quality - key for analytics integration. Are there tags on key pages? Do they fire correctly to capture the right data?
  • Data leakage - limit loss of 3rd party data. The average client website has tags from 75 different vendors with only 20% from the organisation (source: Ghostery)

The walk stage

Once you’ve identified how you’re planning to use a DMP, the process of engaging wider stakeholders from across the organisation will begin as you begin the vendor selection process.

  • Set up a group to manage stakeholders. Many of those involved will have different objectives and perspectives so a data/ tech council can be useful to agree priorities:

  • Start looking at key functionality:
  1. Audiences profiling - characteristics, hobbies and demographics of key customers. Is the audience buyers or browsers? Paid or organic visitors? How do they differ and how does this impact strategy
  2. Audience segmentation - smarter retargeting, e.g. if a visitor spends a certain time on page this leads to conversion
  3. Audience activation - set bid strategies based on different audiences; frequency capping
  • Don't make audiences too granular because there is often data leakage and/ or cookie loss implications. Every time data is moved (e.g. from DMP to DSP) data loss occurs:

  • Decide what DMP is right for your business. Think about functionality, UI and support as well as cost. There will be different solutions for SMEs and enterprise organisations:

The run stage

Now that the DMP is in place and your organisation becomes more advanced from a data-management perspective, more technical questions around dynamic content, CRM integration and audience mapping.

  • A DMP allows you to move away from mass media to a more granular, audience-based targeting strategy. Dynamic and programmatic creative offers a unique opportunity but media and creative agencies need to work collaboratively to achieve success
  • Dynamic content requires a longer planning process and it’s worth taking time to work with your teams to develop audience decision trees:

  • At this stage a decision may also need to be made about bringing CRM data and segments into the DMP. CRM data is personal data whilst DMPs don't store personally identifiable data (cookies and device IDs) and therefore CRM data must be converted. There are three ways to do this:
  1. Append DMP / DSP tracking into your CRM emails
  2. Match known individuals to cookies when a user identifies themselves on the client site (e.g. when they log in to the site)
  3. Work with a 3rd party on-boarding partner (e.g. Experian, LiveRamp, etc). N.B. working with an on-boarding partner can bring associated costs and match rates are typically quite low (c.20-35%)

Summary

Data is playing an increasingly important role in the planning process for marketers. The data and media world’s have collided providing us with new and exciting opportunities to learn more about our customers and deliver relevance on a larger scale:

As a result of a more data-driven approach to marketing, we’re likely to see more businesses opt to invest in DMPs to manage the data they’re acquiring. However, as with any technology, a DMP is not a silver bullet. Careful planning, consideration and deployment is needed to ensure the right processes are put in place to establish the right culture and mindset so that the entire organisation can benefit from true data-driven decision-making.



source http://www.smartinsights.com/digital-marketing-platforms/big-data-digital-marketing-platforms/take-data-driven-approach-digital-marketing/