Archive for the ‘Social networks’ Category.

Facebook ads - focus on growing and engaging your fan base

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General Motors Facebook adsFacebook has been very much in the spotlight, with a great amount of press attention on the run-up to last week’s IPO and the company’s recent stock performance.

One big headline was the announcement that General Motors was pulling its $10million Facebook ads account. This has clearly rocked confidence in the effectiveness of advertising on Facebook, but may not come as a surprise to many, as a social media setting is not necessarily the prime location for people seeking product information on a car.

It is important to note that while GM may be pulling its advertising, it will continue to develop its large Facebook presence across its brand pages, and keep a focus on engagement.

Here at FreshNetworks we take the approach that Facebook ads need to be aimed at growing the audience and engagement level of a page or app. By keeping ads within Facebook itself, the barrier to entry for a prospective fan is much lower than sending them to an external site.  Having said that, there are some important steps to consider when planning a Facebook ad campaign:

Testing the effectiveness of a Facebook ad

As with any marketing activity, you need to test and evaluate various approaches before committing a large outlay to a campaign.

What metrics should you be looking at?

While the click-through-rate is an important measurement, we’ve found that optimisation should be focussed on Facebook’s “Connections” metric, which measures activity in terms of engagement (likes, comments, app use etc.) so that the effective reach of your ad is maximised.

Optimising your Facebook ads

Splitting your adverts into campaigns makes it much easier to segment them according to target audience and content. We’ve found that breaking your ads up into campaigns of five ads each makes it much easier to manage and measure the effectiveness of particular ads.

Selection and formatting of images is vital. The imagery used obviously has to be eye-catching, but also something that is personalised and relevant to your target audience.

Following up a Facebook ad campaign

Once you have tested, optimised, and run your Facebook ad campaign, it’s important to carry the momentum and keep your new audience engaged. As with any social media activity, it is important to keep a clear strategy in mind, and determine why a new fan will want to come back to your page or engage with you.

Three simple ways B2B marketers can get value from LinkedIn

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When thinking about social media and how to use it for your brand, our initial reaction is often to think about the channels we can use and the conversations we can have. But using social media does not necessarily mean having a channel or joining a conversation. There can often be as much value (and sometimes even more) from listening to what others are saying. For B2B brands LinkedIn is a great example of where social media can be used as much to listen and learn as to talk and engage.

From ambassadors, to market information and even competitor research, here are three ways that LinkedIn can be a useful source for any B2B marketer.

1. Finding ambassadors for your brand

Within LinkedIn Groups and in the Questions and Answers section of the site you will find, if you look carefully, brand champions, ambassadors. People talking about your brand and recommending your product. The Questions section in particular is full of people asking for advice and information - about products and solutions. A quick search for some of your product names will uncover people who recommend you to others. A quick search for names of competitor products will uncover those who don’t recommend you but could.

Identifying these people is a first and useful step. Think next about what you can do with them and how you can build them into real Ambassadors for your brand.

2. Understanding how people talk about market issues

One useful insight for any marketer is to understand how people talk about the issues they face. Whilst they can be mixed in quality, some LinkedIn groups provide vibrant communities of people sharing links and talking about issues. Joining groups about your market and for your customers lets you see the kind of conversations they start, the language they use and how they talk to each other in a professional environment.

3. Learning about what you competitors are doing

Social media is a great way of sharing what you are doing but it is always important to think carefully about who you are sharing with. LinkedIn allows you to control who sees your connections and who you are connecting with but many people leave this as public information. This can be useful - learning who your competitors have been meeting and connecting with on LinkedIn may provide you with insight into who they are talking to and potentially even into who in the market is looking to buy similar products to the ones you have.

Of course, it’s important to think about your own privacy settings on LinkedIn as well!

Facebook’s action links - new potential for branded apps

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On Wednesday Facebook launched action links: “a new way for people to interact with your timeline app directly from Facebook”.

An action link is a customised link which sits alongside the classic “comment” and “like” options in open graph stories on the timeline, newsfeed and ticker.

Action link Facebook Foursquare save this place

One of the examples of an action link, given by Facebook, is foursquare. When someone checks in, friends now have the option to “Save this Place” in addition to commenting and liking the story. Clicking “Save this Place” adds the location from Facebook, directly to your foursquare to-do list.

The other example is Fab.com, where the action link “Fave this Product” will enable people to add an item into their own Fab.com favourites.

What action can brands take?

The potential for action links is great. Each app now has the option to drive more people to engage in a single action. For example, after completing a purchase on Amazon, you are given the option to share what you have just bought with friends by posting a story to your Facebook timeline. On this story, Amazon could include the action link: “Add to Basket” or “Add to Wish List”, allowing friends to easily make the same purchase.

This new release will allow open graph apps on Facebook to integrate personalised actions into their stories, increasing the possibilities and removing barriers for interaction. With this extra level of integration, it appears that the Facebook timeline, newsfeed and ticker are becoming a more interactive and potentially engaging space. However, as apps become increasingly integrated, the line is further blurred between being on the Facebook platform and the wider web.

What’s Hot in Social Media: April 2012

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It’s the end of April which can mean only one thing…our monthly round-up of what’s been causing a stir in the world of social media.

Movers and shakers

A couple of the giants of digital made some interesting moves in April, with Facebook buying Instagram for a sweet $1 billion and Google turning up the heat in the cloud wars with the launch of Google Drive.

April also saw blogging platform Tumblr release access to a real-time fire hose in collaboration with Gnip. Founded in 2007, Tumblr is particularly popular in the fashion and arts industries and now has about 46.2 million blogs. Access to the firehose – which is still currently exclusive to Gnip – will include all of Tumblr’s public data, which will mean access to analytics and brand monitoring opportunities.

Retail - trying on clothes virtually

Meanwhile, whilst we’re on the topic of fashion - John Lewis has been experimenting with virtual mirrors at its flagship store on Oxford street. Users can ‘try on’ outfits from a range of more than 500 garments without having to get changed. These can then be added to a virtual collection and shared via Twitter or Facebook.

Innovative Facebook marketing

Elsewhere on the internet, Volkswagen created a flipbook effect in a Facebook gallery for their Amarok. With over 200 photos to click through, this was a really innovative use of Facebook functionality - which only costs as much as the photos.

What have I missed? If you’ve seen anything hot this month, please do share it below!

China: The Future of Social Commerce

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We recently highlighted the surge in ‘Chinese Pinterest clones’ on this blog and when asked by the BBC to comment on an article on the same topic, I mentioned “I am looking to these Chinese clones to provide the next key paradigms in social commerce.” Two days later, we excitedly read the McKinsey China report on  ‘China’s Social Media Boom’; the results were impressive.

Chinese netizens

China’s internet audience is huge – over 500 million – and growing rapidly. More importantly, this audience is active with over 50% spending more than 12 hours a week online. 95% of netizens living in cities with a population in excess of 2.5 million are registered on a social networking site and Chinese internet users spend an average 46 minutes per day on such sites.

Trust in Chinese e-commerce

This has great significance. This is already the largest internet population in the world and it looks like the most actively social. The Chinese internet population is also heading towards forming the largest e-commerce market in the world by 2015.

China predicted e-commerce boom

When I lived in China 2006/2007, it was nigh impossible to order physical goods online – trust in infrastructure was simply not yet there. The impressive growth in e-commerce sales indicates a greater trust in China’s postal network and e-commerce sites.

The issue of trust is important in marketing to Chinese consumers. Peer-to-peer recommendations have a more profound impact, as the McKinsey report says this is likely due to a distrust of formal institutions. Building networks of trusted influencers – not as a commodity but as groups of people who can and will trust your products and messages – will be crucial to online interaction with Chinese netizens.

Social Commerce

This leaves the issue of social commerce. One of the more interesting insights into the rise of Pinterest clones is that they tend to have closer links with e-commerce. While Pinterest has had trouble implementing its revenue model, Chinese sites like Faxian showcase what can be bought and funnel users to a purchase.  Per McKinsey:

‘As e-commerce rises, a compelling opportunity for brands will be to prompt immediate purchases online by consumers searching for product information using social media.’

The key to unlocking these immediate purchases will be through harnessing netizen recommendation.