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Do you want to manage social media more efficiently?
Do you have the right tools?
To streamline your approach, you’ll need resources that work well with your business.
In this article I’ll share the best tools to manage and optimize your social media marketing.
A new survey by investment bank Piper Jaffray found that more than 9 out of 10 American teenagers regularly use social media - and Facebook is not longer their preferred choice.
Jack Ma transformed China’s export economy with Alibaba, the retail giant poised to overtake Walmart with the biggest market debut in US history.
Jack Ma, China’s leading internet entrepreneur, once described himself as a “crocodile in the Yangtze”. The technology chief was busy discussing the battle between Alibaba, the online shopping company he founded, and eBay, the global auction site which used to dominate the Chinese shopping market.
“If we fight in the ocean, we lose; but if we fight in the river, we win,” he claimed. He proved his point when Alibaba’s Taobao auction site overtook eBay’s Chinese business and left it for dust. But that is not the only way Ma’s colourful analogy resonated.Ma has also demonstrated a crocodile’s ability to stalk his prey largely undetected....
Nielsen's latest report on mobile payments isn't too surprising, save one tidbit: people like using QR codes.
The study, released Thursday, found that mobile payment users actually prefer methods involving quick response (QR) codes or bar codes.
Almost half, 45 percent, of the nearly 4,000 people surveyed by Nielsen said they use the method to check out with their smartphones.Akin to bar codes, QR codes are blocks of printed code used to store large amounts of digital information. For a time, they were showing up everywhere -- on product packaging, ads, marketing campaigns -- but were seen as unnecessary or gimmicky. In mobile payments, cashiers can simply scan the codes displayed on a customer's smartphone as they would any bar code....
It has to woo overlooked small retailers in the same way a disruptive technology needs to cater to developers.
Chinese e-commerce giant Alibaba has gotten lots of attention thanks to its pending multi-billion-dollar U.S. IPO. It seems to have no immediate plans to expand in the U.S.—but that's likely just a matter of time. And when it does, Amazon had better watch out, because Alibaba has a host of ready allies: the legions of mom-and-pop retailers that Amazon has left stranded in its wake.
Let's start with some background from Alibaba's perspective. The company controls 80% of the Chinese e-commerce market, which means it needs new markets in order to grow. Its current model—acting as an e-commerce middleman that connects buyers and sellers—might translate well to some big emerging markets, but Alibaba will need to take a more subtle approach in America for three reasons...
By now you probably got the memo that the population in Europe is growing older. That the opening of borders is causing people to migrate. That consumers are using the internet and their mobile phones to make sure they get the best deal possible.
Shoppers today aren’t just pleased to shop with retailers who offer several ways to buy stuff—they expect it. In fact, former nice-to-haves (like an easy-to-access storefront, a ecommerce-enabled website and a mobile shopping app) are now becoming table stakes for Canadian store operators.
This is one of the key takeaways of a new survey of retail expectations conducted by PwC.
The survey polled more than 15,000 consumers (located in Canada and around the world) to get a sense of what, exactly, today’s shopper wants when opening his or her wallet. According to a report detailing the research, “the bar is now much higher for retailers with world-class aspirations.”
This is not exactly news to any retailer struggling to compete in 2014. Changing customer expectations have made it extremely difficult for store operators—especially independents—to thrive. So, what is the solution? In PwC’s view, “a new approach is needed, and retail customers are pointing the way.”
Here are the four key things PwC believes consumers want today—and some tips on how your business can adapt to them....
According to a recent survey of more than 300 CMOs in the U.S. that Booz & Company conducted with the Association of National Advertisers and Korn/Ferry, 72 percent said that building capabilities in the area of digital marketing is vital.
The challenge is that there’s no one set of capabilities that applies universally, therefore “companies must identify what kind of marketing organization they need to make their strategy a success, choose a digital marketing model based on their strategic objectives, and then focus on developing a handful of marketing capabilities that will allow them to bring that model to life and consistently excel.”
Booz & Company identified four equally successful digital marketing models. S+B elaborated that “a company’s focus for marketing investment might have elements of each, but odds are that one of these models represents the right marketing organization for your company.”...
While 79% of retailers expect sales growth to be better in 2014, a whopping 94% have not fully executed an omnichannel strategy, according to SPS Commerce....
If you manage a brand's Twitter account, chances are you're not interacting as much as you could be. And that's not a good thing.
Simply Measured took a look at 98 of the top global brands on Twitter and found some eye-opening information.
From Mashable: During the final three months of 2013, 98 of Interbrand's top 100 global brands tweeted at least once and the average company tweeted 12 times per day, according to data from Simply Measured, a social media analytics provider. However, the report also found that 54% of these Interbrand companies send less than one @-reply per day....
According to a study from Adobe, in 2012 repeat shoppers made up just 8% of all site visitors in the US yet they accounted for nearly 41% of total online sales.So bearing in mind the fact that it’s also cheaper to keep a customer than it is to attract a new one, businesses need to be working hard to keep shoppers satisfied and give them a reason to return.With this in mind, I’ve rounded up 11 ways in which ecommerce retailers can improve customer retention....
You devour online marketing lessons. You feast on articles, reports, books, and eBooks.
....Perhaps it’s so important to you, you spend some of your precious time attending webinars and conferences and you can’t help but join the conversation on blogs and via social media.Good for you. There’s a ton of information to take in, the rules change daily, and if you’re going to succeed with online marketing, you must master a good many practices, techniques and tools.
The experts keep serving up specialized dishes: content marketing, social media marketing, search marketing, permission-based marketing, inbound marketing and any (fill-in-the-blank-here) marketing. The more these ingredients get heaped onto our plates, the more the meal calls for a bowl and spoon. It’s digital soup, my friend....
The young girl in T-shirt and shorts paces up and down her dorm room, occasionally stopping to vault herself on top of the bunk bed and then back down again.
For four days last month, Target live-streamed five YouTube personalities as they mused, joked, ate, slept and generally passed the time in makeshift dorm rooms outfitted with products sold by the Minneapolis-based retailer.
Not quite commercial, not quite reality, Target's digital experiment, dubbed Bullseye University, represents its most ambitious attempt to penetrate the digital universe of college students.
By scrolling over each room on BullseyeUniversity.com, viewers could also activate pop-up boxes that give information about the merchandise and links to purchasing them on Target.com.
Brian Kelly, a retail consultant and former top marketing executive at Sears, says live-streaming Millennials interacting with Target products gives Bullseye University an air of relevance "that's not as creepy" as other voyeuristic projects....
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“The missing element is the human element, and when we add it to the equation, the chemistry changes...the human element. Nothing is more fundamental, nothing more elemental.”
It may sound like a poem, but these words are actually from a 2006 Dow ad. With the “Human Element” campaign as its launch pad, Dow skyrocketed out of the traditional B2B realm, taking its message and brand to consumers in a big way.
Once a strictly B2B chemical company — making products to be used by other businesses — in 2006, it realized it needed to actively appeal to the consumer, and with its campaign, Dow revamped its image.And it’s time for other B2B companies to take note....
Implications - Adding a more engaging aspect to print, campaigns are integrating 3D visuals and interactive elements for allure. Transforming magazines and posters into activities that require participation, marketers are helping to bring campaigns to life, adding an immersive quality to traditional print.
Google has gone through a lot of executive changes this year. Last month, the company's chief business officer Nikesh Arora announced he was leaving. And in February longtime ad boss Susan Wojcicki left that post to replace YouTube chief Salar Kamangar as the CEO of the Google-owned video service.
Ms. Wojcicki's appointment overshadowed another leadership shift. A year after being charged with running Google's advertising and commerce organization alongside Ms. Wojcicki, Google Senior VP-Advertising and Commerce Sridhar Ramaswamy had taken full responsibility for the division that accounted for more than 91% of the company's $55 billion in revenue last year.
The 11-year Google vet, who started in 2003 as an engineer on Google's search-ads team, now oversees search, display, video, analytics, shopping, payments and travel product lines. He discussed his new role in an interview below....
It's important for retailers to know who their potential customers are online in order to market to them effectively.In the first quarter of 2014, 198 million U.S. consumers bought something online, according to comScore's quarterly State Of Retail report. That translates to 78% of the U.S. population age 15 and above.
But who are these shoppers driving the trend of buying online and on mobile devices?
In a new report, BI Intelligence breaks down the demographics of U.S. online and mobile shoppers by gender, age, income, and education, and takes a look at what they're shopping for, and how their behaviors differ...
Between the confluence of the Web and e-commerce and the rise in hours at work for U.S. workers, brick-and-mortar visits are becoming worryingly infrequent. Online shopping is rapidly overtaking high-street sales with the U.S. Department of Commerce spotting a 3.4% quarterly pickup in e-commerce sales compared to 0.6% for brick-and-mortar retailers during the fourth quarter of 2013.
However, thanks to modern technology, traditional retailers now have a chance to fight back. Strategy consulting firm Control Group put together a thorough report examining several emerging trends in retail technology. Especially, state-of-the-art technologies that make dynamic pricing for brick-and-mortar retailers could indeed enable them to turn the tide in the battle of clicks versus bricks....
James Surowiecki's column in The New York last week, Twilight of the Brands, seemed to suggest that brands are dying. He argued that the usefulness of brands as decreased given that "consumers are supremely well informed and far more likely to investigate the real value of products than to rely on logos.
"His observations about people’s orientation and decision-making are spot on – but I come to a different conclusion. Instead of seeing the current market environment as ushering in the “twilight” of brands, I view it as a call to arms. Brands and brand-building are more important now than ever before.I hold this different – and hopefully more instructive and insightful – perspective because I view a brand as far more than a label or logo.
A brand is the bundle of values and attributes that define the unique value an organization delivers to customers and the unique way the organization operates. A brand is a strategic platform for managing and growing a business....
The decision tree is an extremely important concept in marketing today. It allows us to visualise how customers mentally structure the decision-making process for every choice they make, from what snack to eat to which cardiologist to visit. This consumer insight has given rise to shopper marketing and category management: stores and websites are being adapted to make the process easy for customers, so that they find what they’re looking for quickly and spend more money.
Today, the decision tree is powering an exciting trend at the intersection of marketing and society: the “shop by cause” concept. Tell me what causes you’re interested in, and I’ll offer solutions tailored to each one....
Limited marketing budget? No worries! You can use thought-provoking concepts to generate a buzz a.k.a. guerrilla marketing. Here are some basics.
Free or ultra low-cost is what guerilla marketing is all about: Finding free ways to promote your business. Developing ways to build your brand without making any significant dent in your budget (if you even have the luxury of a few extra nickels and dimes worthy of being called an official budget in this economy!)
Let’s first define the concept, then we’ll look at the basic principals of guerilla marketing techniques, then we’ll examine some really cool and unconventional ideas that anyone can use to boost their business marketing success...
How to you generate more marketing qualified leads? Why, you run an inbound marketing funnel-focused campaign! Here's how to get started.The purpose of this article will be to outline a campaign process you can use to generate a marketing qualified lead.
This includes a website visitor clicking on a call to action, downloading an information qualifying offer from a landing page, email nurturing and downloading a marketing qualifying offer.Today I’d like to teach you about how a campaign works, and give you a scenario that you can adapt and reuse in your own inbound marketing strategy. But, we need to first speak a little bit about your sales funnel....
Facebook's Head of Retail Global Vertical Strategy shares his predictions for the evolution of online retail.
Retailers have refined the science of merchandising for hundreds of years, but the disruption of the Internet and ecommerce has been an enormous catalyst of change for the industry--and there are no signs of this slowing.
The art and science of ‘click and mortar’ is just beginning to take shape. In fact, according to eMarketer, more than 80 percent of shoppers who visit an ecommerce site do not know what they want to buy. Which means that in a $15 trillion global retail industry, there is a lot of opportunity.In 2014, merchandising continues to reshape itself with three important trends: Discovery, Seasonality and Compression.,...
The company behind the .co domain has been working to associate .co websites with startups and innovation. Now its founders are trying to make it as easy as possible to start a business online with a new company called Pop.co.
thisBasically, Pop.co is a bundle of online services that should remove any barrier between coming up with a cool idea and building a web presence around that idea. This approach is particularly important in a future where entrepreneurs run “three or four micro-businesses at a time, easy come, easy go, and you don’t have to keep the domain forever,” said CTO Tom Lackner — he suggested you should even be able to set all this up from your smartphone.
Lackner and CEO Juan Diego Calle gave me a quick demo of Pop.co. You just pick the .co address that you’re interested in (assuming it’s available, and if it’s not, Pop.co will suggest alternatives), then the company automatically claims it for you, and you can either use Pop.co’s simple web page editor to create the page with just a little bit of typing, or use its simple DNS editor to point the website to a page you’ve created on another service like LaunchRock or Barley....
This is one of the most common questions that brands ask. Data from a recent study conducted by Optimal indicates that Twitter delivers a smaller — but more active — audience than Facebook. But Twitter is less understood as a marketing channel, and many social media marketers are unsure about what to do when it comes to executing well-planned promotional strategies on the platform.
So what can you do to jumpstart a Twitter initiative using 140 characters or less? Social media marketing must include calls to action Calls to action (CTAs) are an essential part of inbound marketing. Their goal is to convert a user into a lead, and, later, into a customer. They are a way for you to entice your social media audience to focus on the action your want them to take....
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Good list of tools for social marketing.