Are Twitter Followers Better Than Facebook Fans? - eMarketer
"If you don't do ______, then you're going to be out of business by this time next year."
This, or something like it, is what many businesses are told by a variety of companies peddling services every day. I've heard it from the yellow pages salesman, an SEO (Search Engine Optimization) company, a direct-mail service—the list goes on and on. When I was in retail many years ago, nary a day went by when there wasn't someone telling us that we were doing it wrong, or weren't doing enough.
Unfortunately, as I sit here many years wiser—there is an ironic (for me, at least) ring of truth to some of it. Many businesses aren't doing enough. Sometimes it's due to lack of time or lack of resources—and believe me, I certainly get that. But I don't want it to be for lack of awareness. As such, I'm sharing several web tools below—some of which are free—that EVERY small business should be using to maximize their advantage in today's electronic marketplace.
These are the recommendations that we use as a starting point with all of our new clients. I hope that you've found this list useful. Do you have questions about the information above. Are you unsure of where to start? As a full-service creative agency, we can help. And there's never a cost to ask questions. Drop us a line at info@ideavise.com or call (719) 355-3579.
Thanks for reading!
—Jason @ Ideavise
FARMINGTON HILLS, MI (BRAIN)—Retailers who are actively involved in marketing their products and/or services using Facebook may have a distinct advantage over their competitors, according to the latest Morpace Omnibus study.
The study finds that not only are consumers joining Facebook fan pages that are managed by businesses, but they use Facebook as a means to offer and receive product recommendations. The study concentrates on three key areas: which consumer segments are most likely to use Facebook and how frequently; how often consumers search for or share product/company opinions or information, and which demographics are most likely to use the social media Web site.
"The results show us that Facebook is a tool for retailers to directly communicate with their target market," said Morpace retail vice president Kirsten Denyes. "Retailers can offer consumers product information and exclusive coupons and discounts to create viral product buzz among Facebook consumers."
Among the primary reasons consumers join a Facebook fan page are: "To let my friends know what products I support," (41 percent) and "To receive coupons and discount offers," (37 percent). More than 36 percent of consumers consider Facebook to be a useful tool for researching products.
Nearly 68 percent of consumers say that a "positive referral from a Facebook friend makes them more likely to buy a specific product or visit a certain retailer." The study also reveals that non-Caucasian consumers tend to be more active users of Facebook, and will more likely join retailer fan pages. One-half (50 percent) of Hispanics, 46 percent of Asians, and 44 percent of African Americans consider Facebook to be a useful tool for researching new products. Only 31 percent of Caucasians agreed.
A total of 1,000 respondents were surveyed March 10-17 as part of the March 2010 online panel.
As a 15 year veteran of the bicycle industry, it's always interesting to me when external studies are applied to the bike industry—which very often does not follow traditional marketing metrics.
This, however, is good data for all small businesses, not just those in the bicycle industry. It's tough to ignore when 68 percent of consumers say that they were positively influenced toward a purchase because of a relationship on Facebook; or that 36 percent consider Facebook to be a useful tool for researching products.
I know that making decisions on marketing and social media probably aren't high on your agenda as a small business. That's where we come in. If you're ready to start looking at business outreach from a holistic standpoint but don't know where to begin, please give us a call. We can do it more quickly and cost-effectively than you'd probably think.
Thanks for reading.
—Jason@Ideavise - (831) 887.0111
According to a study posted at eMarketer.com (the study was done by ForeSee Results) 69% of online shoppers regularly use social media sites.
69% is a massive number, and not one that can be overlooked. Now is the time to get your business online to start connecting with customers.
If you're curious as to what is involved in starting an entry-level marketing program for your business, stay tuned. In the coming week we'll be talking about steps to take when developing a marketing campaign and where your efforts should go in order to see the largest impact.
Thanks for reading.
—Jason @ Ideavise
Reader Robert Justin writes:
I get a sense from our customers (and people that we talk with around town), that there are still a lot of unanswered questions regarding digital marketing, web strategy, social media and whether or not it's a good time to be spending money on such things. This is normal. At one point or another, we all have questions about our businesses (whether you own it, or just work in it). It's good to have a network of people that you can rely on to bounce questions and ideas off of.
One of the roles that we routinely fill for our clients is one of advisor or consultant. This service costs money, and can range from a one-time meeting to an ongoing monthly retainer-type agreement. But what if you could ask questions about the process and get a straight answer WITHOUT the cost or structured agreement? Would you do it?
Here's what I'm proposing:
If you have a question about business—specifically something related to design, marketing, technology, brand development, websites, social media, etc., post it in the comments section after this post or on our Ideavise Facebook page. Chances are that you're not the only person wondering, and we'd like to help get those questions answered.
Another thing; we're straight shooters. We've been around the block and we've got a lot of experience. But if we don't know the answer to a particular question, we'll tell you that we don't know and we'll make a few phone calls to try and find out. We know people. Smart people.
In a nutshell, our goal is to help you make infomed decisions about how to market your business. That's what we do.
So let's hear it. What questions can we answer for you?
—Jason @ Ideavise
Recently, I was sent an article on the effectiveness of marketing via social sites like Facebook and Twitter. The article even went so far as to break down the data to show distinctions between the B2B (Business-to-Business service providers) and B2C (Business-to-Consumer providers). I'm sharing the gist of the article, but if you'd like to read the full article you'll find it here at eMarketer.com.
Marketing via social networking sites is the hammer that you use to build the house, not the house itself.
Much has been said about the demise of email thanks to some of the new social networking tools that we now have at our disposal. Twitter, Facebook, LinkedIn, etc. have changed the game of connecting customers to companies. But what of email? Is it no longer valid? Has it been passed over by quicker, "tidier" methods of communcation?
Not according to a study published by eMarketer using data from sites StrongMail and ShareThis. According to the study:
A study of sharing activity across the ShareThis network in October 2009 also revealed that e-mail was the top channel for distributing content to friends, with 46.4% of all shares. About one-third of shares went to Facebook and less than 6% were tweeted.
Overall, Twitter did post the highest click-through rate in both studies quoted. But email came back swinging with higher page counts after click-through.
So how can you and I apply this to our businesses?
If you have questions on how to implement an email marketing strategy (hint: it's much easier than you think), drop us a line using the email address above or the comments box below. We've designed and implemented many successful emarketing campaigns, and can help you avoid the pitfalls that many people face when they're just starting out.
Thanks for reading!
—Jason @ Ideavise