Archive for the ‘Twitter’ Category
Compared to the 152 million Americans who use Facebook daily, statistics show only 13% of Americans actively engage on Twitter. Oh sure, there are 175 million registered Twitter accounts, but only about half of them follow 2 or more people. About 90 million Twitter accounts with zero followers and 56 million accounts following no other accounts.¹
And yet Twitter seems to get the most social media attention second to Facebook, right? Why?
Surprisingly it’s not because Lady Gaga tweets about her sex life, or because Coby posts pre-game comments. It’s because of what happened during the election in Iran, the earthquake in Haiti, the Tsunami in Japan, the killing of Bin Laden and, most recently, the many tornado warnings tweeted across the south. It’s because Twitter’s powerful ability to instantly deliver important information anywhere in the world is undeniable. And people are catching on. In fact, Twitter celebrated its fifth birthday on March 21 and announced that “While it took about 18 months to sign up the first 500,000 accounts, we now see close to 500,000 accounts created every day.”
How many of these new accounts will be made up of active users? Here are some recent new statistics:
1. Most new active Twitter users are 25-49, well educated, affluent, early adopters and tech savvy.
2. Most new active users engage in the environment daily, and are considered influential within their online world.
3. Most new active users follow companies and brands to learn about products and services and to offer advice, input and recommendations regarding them.
4. Most new active users (79% to be exact) are more likely to recommend brands they follow.
5. More new active users are conducting B2B business than B2C business.
Let’s focus on that last one. Why is B2B so popular in this environment? Maybe because tweets can be very targeted and relevant, creating reputations of knowledge and influence. Think of a tweet as a potentially powerful blog in 140 characters or less. Then think of how easily it can be spread (aka re-tweeted) as a recommendation. Worthwhile messages can go from one influential person’s following of 500 people to 500,000+ potential customers in a matter of minutes. Try getting those engagement numbers from a direct mail piece! And to top off Twitter’s B2B strength, remember that the more relevant the 140 characters are to a potential customer’s keyword searches, the higher the tweet post will show up in organic search results. This message content can enhance a business’ overall SEO. Not bad for a free communication tool, eh?
Twitter will most likely continue to morph into something no other social media resource can offer. It’s live search capabilities, along with its increasing credibility as something more than celebrity stalking, will no doubt add millions of new active users over the next year or so. With massive numbers of active Twitter users, you find untapped potential.
Time will tell. What do you think?
¹Stats from Hypebot
Have you heard about the Mercedes-Benz USA Tweet Race? Four teams of two drivers were chosen from special Facebook and Twitter event pages, which added 75,000 new Mercedes-Benz fans and followers in a matter of weeks.
On Feb. 2, the four Tweet Race teams will leave New York, L.A., Chicago and Tampa in specially outfitted Mercedes-Benz vehicles, and head to Superbowl XLV in Dallas. They’ll be directed and fueled by people’s tweets along with help from team coaches who have large numbers of Twitter followers. Fellow tweeters are invited to join a team and help tweet to them with race clues and tips. V.I.P. trips for two to numerous MB sponsored events can be won by these tweet helpers, along with other prizes. Winning is more than just getting there first. It’s also the largest number of active Twitter helpers and a few other social media measurements. Oh, and the winning team? They each get a 2012 C-Class Coupe.
The team coaches aren’t just people with a large number of Twitter followers either, they’re celebrities from various industries. Musicians, athletes and TV stars. If their team wins, $25k goes to their favorite charity.
So, while the main media platforms (Twitter and Facebook) are free, let’s add up what this whole campaign will probably cost MB USA. Celebrity involvement, an easy $400k. Putting four MB’s into the race, at least $200k. Two winning C-Class coupes, $80k. Winning coaches charity of choice donation, $25k. Cost of coming up with the idea, developing and managing the entire campaign, probably $1 million. Paid online advertising banners to help promote the campaign, around $500k. Total cost of this FREE Media campaign that will probably involve 8 million active participants for 7 days, about $2.25 Million. Will it ultimately do better for Mercedes-Benz than their $6 million dollar Super Bowl ad planned for 4th quarter of this year’s game that has an anticipated 150 million viewers? Time will tell, but that’s not the point of this post.
The point is that marketers should start thinking differently about how they will be paying for online campaigns in this new world of free media. Historically, an ad campaign followed its own 80/20 rule. 80% of the campaign costs would go toward buying the media (TV, radio, print, outdoor, etc) and 20% would go toward developing and producing the creative. Although that 20% could be more or less, depending on the agency and the production value, the idea is that the majority of the expense would pay for the media.
In the new world of social media, that 80% is either substantially lower or gone completely. It’s obvious how advantageous this can be for smart marketers, but the challenge of creating a campaign using social media that draws interest and interaction takes a whole new level of brain power and creativity, a skill that a lot of agencies today don’t have, be they digital or traditional. Brain power and creativity that can succeed in taking a non-intrusive form of communication and make the right people want to view it, hear it and get involved with it is the greatest challenge in this new day. And that has a few Clio award-winning creatives asking for early retirement.
Although this post is not meant to be a self-promotion for Brandtailers, it is interesting to understand why we have more easily adapted and succeeded in this new world. Over our twenty plus years in business we’ve had more clients with small budgets than not. We’ve rarely had the luxury of letting the media weight do the job. For us, it’s always been the need to flex our creative idea muscles to help make something come alive and work without a lot of media support. It’s kind of like we’ve been training for the Olympics for a long time and it’s finally here.
But back to the purpose of this post: Let’s all help each other understand the new opportunities as well as the realities of what is truly needed in today’s marketing. Big media budgets may still be around for the recovering 10% of advertisers, but the other 90% is demanding success without major media dollars. Is it possible? We think so. We’ve been doing it for a long time. Our mantra has always been, “It’s the idea, stupid.” Feel free to use it.
Sounds like a crazy question until you look at the way Facebook, YouTube, Flicker and simple templated blogs can easily duplicate a website’s content these days. Besides, websites can be frustrating to maintain, challenging to keep current, and expensive to upgrade, right? Plus, with more people using Twitter and Facebook as search engines, who needs to pull up first in Google anymore? Remember the announcement a few months ago that Facebook surpassed Google in weekly internet traffic? Makes you think you might not need a website as much as you used to.
Wrong.
There’s no question that a company’s website is still it’s most powerful marketing tool. You own it, you control 100% of it’s content, you manage its destiny. Your Facebook page? Well, ask Mr. Zuckerberg what he’s thinking of next and that’s what your Facebook page will look, feel and behave like next month. Your YouTube channel? Have you ever gotten into its content management system? Nope. And it’s the same with most of the other marketing tools we mentioned. Today you need a great website more than ever.
In fact, there is even more opportunity for today’s corporate websites to drive business straight to your doorstep. But you still have to start by focusing on your brand. Forrester Research says 67% of today’s customers create their initial opinion of a company via their corporate website. This is the classic branding part of marketing, where you build trust with your consumer. But a well-designed website can also take your potential customer into the actual sales process at the right place and right time. A website that’s been designed to offer both a brand and retail message has proven to be stickier, with more time spent browsing through pages, clicking additional links and converting to leads or online sales. Look at Home Depot, Wahoos Fish Taco and Morgan Stanley for a few good examples. They have places within their sites where their call-to-action request is not only appropriate, but expected.
So then, what do you do with your other marketing tools like Facebook pages, Twitter accounts, YouTube channels and Flickr? Simple. Use them to create conversations. Get people (aka customers and potential customers) talking to you, about you, and for you. Sure, you can include calls-to-action when appropriate. But mix them up. Remember, people don’t want to be sold – but they love to buy from companies they trust. Build your website with this in mind and you’ll be on the right path to online marketing success.
This is a great list of 12 short tips on Social Media from Shane Gibson, international speaker and author of several books on Social Media, including his latest, Sociable. For some of us, it’s “the basics”, but it never hurts to be reminded of them.
- Keep giving and contributing more than the competition. Pay back will be huge.
- Every tweet, blog entry, comment and status update will be saved forever and is permanently part of your brand.
- Before permission to market comes permission to connect. There’s a lot of trust building in between.
- Make it easy for people to find you. While you’re out looking for business there is an entire market looking for you.
- It’s not about B2B or B2C it’s about person to person marketing in social media.
- Use the back links function in Google to see who is linking to your competitors. Reach out to those connectors.
- Go wide with social media then build strong deep networks by going deep with the phone, Skype, webinars or in-person.
- Twitter search and tools like Twellow.com can dampen the noise down from millions on voices to the exact ones you’re targeting.
- Picking a fight publicly stays on record long after the battle is done. Rarely is it worth it.
- Not getting the results you want? Are you asking for help often enough? It’s about community. Reach out.
- Share and give more than you think is practical… then do it again. It will build positive momentum for your brand.
- When partnering with other social media influencers start by making sure your values and principles are aligned.
Remember the days when you had a best friend, and then maybe 5 or 6 other close friends? That circle was enough, wasn’t it? Spending quality time with them was usually very rewarding.
Now we move to the digital age. Facebook, Twitter, Foursquare, LinkedIn and others, where popularity is based on the number of friends, connections, how many people “like” you or your business, or how many places you’re the “Mayor”. And heaven forbid if you show only a few!
Obviously it’s easier to have more friends these days. And easier to stay in touch. For one thing, you can talk to all of them at the same time via most of these social media tools. And it doesn’t matter where they are. Heck, it doesn’t even matter what language they speak because Google will translate it with one simple click.
But, what’s happening to the quality of friendships? Quantity is often forced to replace quality in the digital world unless you want everyone in your growing circle to know the finite details of your life that you might otherwise only share with a few close confidants.
Time will tell how this new world of mass-connections pays off. No one can say at this point. But we do know that society is changing because of this technology. What we need to remember along the way is that it’s a choice we make, not a mandate.
“Must catch fly with chopsticks.” That’s what Mr. Miyagi told the Karate Kid he had to do in order to be good at karate. Sometimes that’s what it feels like when you’re trying to understand all this social media stuff, huh? The fly is always moving, darting left to right, up, down, in, out. That’s the technology and tools – always changing. And all you’ve got is a pair of chopsticks. That’s not your brain. It’s your time. It’s limited, and you didn’t plan on using it to catch flies.
Every day we hear business owners say, “I know I have to do this Social Media stuff. I know it’s a great way to do business. But I don’t know where to start. I don’t know how. And where am I going to find the time?” No kidding.
Can someone else do it for you? Yes, most likely. Do you have to be extremely cautious handing it off? You bet. Unfortunately there are a lot of snake oil gurus out there today taking advantage of what you don’t know. Here’s our advice: If you find someone, or some company, that touts their social media expertise and they have a website that lets you “just sign up” and takes your credit card, or tells you they can help you without ever meeting you, without ever spending time with your company, without truly proving they understand your industry, leave skid marks on their home page.
No matter how much expertise a person or business may have in the technology of social media, it is pointless unless they strategize, customize and personalize it for you. They also need to work with you to draw a line in the sand and say, “These are the things we can do for you, on your behalf – and these are the areas we will need to turn over to you because they absolutely must come from inside your organization.”
Most businesses are determining that a lot of this new world of social media can effectively be outsourced. It’s faster, cheaper and better. How the heck can you even hire someone for a position that you don’t know how to train for, monitor, or judge? How do you know they’re keeping up on the daily changes and technological advances available to make this whole thing work even better if you’re not on top of it yourself? That’s the challenge many companies are realizing.
The real experts will become more and more obvious. And yes, in full disclosure, we believe our Online Brand Managers are true experts. But that’s because they spent a lot of time becoming experts. And they continuously spend a lot of time getting to know our clients businesses as if they were employed by them.
If you want to try your chances at catching flies with chopsticks, by all means, give it your best shot. But when you get tired of wasting time, look for Mr. Miyagi.
