Loading

Grow Smart Business


teaserInfographic
Close

Search Articles



Social Media Articles


Meet the Mobile Super-Shoppers

March 1st, 2013 ::

By Rieva Lesonsky

Is your small business reaching out to Hispanic consumers on their mobile devices? If not, you’re missing out on a big opportunity. New research reported by eMarketer shows that Hispanic consumers are not only far more likely than non-Hispanics to use mobile devices, but are also far more likely to use them to shop.

A study from Acosta Sales & Marketing found that Hispanic consumers, in particular, are more likely than the average shopper to use a smartphone (51 percent of Hispanics vs. 41 percent of all consumers), regularly use text messaging (47 percent vs. 42 percent) and use mobile apps (19 percent vs. 14 percent).

According to a study from Leo Burnett and Lapiz, Hispanic consumers are 7 percent more likely than non-Hispanic consumers to use their mobile phones to shop (56 percent vs. 33 percent of non-Hispanics). They’re also more likely to shop with a tablet (43 percent of Hispanics do so, vs. 25 percent of non-Hispanics).

The same Leo Burnett/Lapiz study reports that Hispanics are far more likely than non-Hispanics to make shopping a social activity, whether they’re shopping online or off:

  • Nearly half (48 percent) of Hispanics use social networking sites as part of their shopping activities, while only 31 percent of non-Hispanics do so.
  • Hispanics are twice as likely to share their opinions of products or brands and write product reviews on social media sites (36 percent of Hispanics do so, vs. 18 percent of Non-Hispanics).
  • Hispanics are more than twice as likely to reach out to friends and family for help with shopping decisions (37 percent of Hispanics do so, vs. 17 percent of non-Hispanics).

What do these numbers mean to you? First, with Hispanics a growing segment of the U.S. population, there’s scarcely a business out there that shouldn’t be reaching out to them. To attract these super-shoppers, consider:

  • Creating a mobile app for your business that lets customers do something more easily, whether that’s getting product quotes or making purchases directly on their phones.
  • Making it easy for consumers to share information from your website or ecommerce site or social media accounts with friends and family, whether via email, social media or text messaging.
  • Have an active presence in social media and make sure your business is represented on ratings and review sites.
  • Taking advantage of text messaging, since Hispanic consumers are actively engaged in it. But be careful: Don’t overstep your welcome or send too many texts.

Image by Flickr user moodboard photography (Creative Commons)

Web.com Small Business Toolkit: Facebook Boost (Customer Relationship Manager)

February 22nd, 2013 ::

Facebook Boost

Just getting your Facebook page published isn’t going to help you build fans and market your business—unless you do it right. Facebook Boost gives you a dedicated social media analyst to help you build buzz for your business on Facebook, plus create customized Facebook advertising to help you increase “likes” to your page. Thanks to its detailed reporting on your social media accounts’ activity, you’ll never be in the dark as to whether your efforts are working. With Facebook Boost, you’ll get help in managing all areas of your page, including posts, how many people are talking about your page and fan interactions.

 

Marketers Are From Mars, Consumers Are From Venus

February 21st, 2013 ::

By Maria Valdez Haubrich

Social media is growing by leaps and bounds, but email is still the best way to reach out to the most customers and gain their loyalty, reports a new study by ExactTarget. Called Marketers from Mars, the study found significant gaps between how marketers think customers want to be marketed to, and how customers actually want to interact with brands.

The clear winner? Email, which was named as the most valuable marketing tool for building loyalty by both customers and marketers. Ninety-three percent of consumers subscribe to at least one brand’s email, while about half (49 percent) have made a purchase as a direct result of email messages.  One-third of consumers want marketers to invest more in email marketing.

However, while marketers were highly focused on mobile marketing, customers aren’t quite there yet. About one-fourth of marketers thought mobile apps were an effective marketing tool, but just 7 percent of consumers thought so. Instead, consumers were more likely to want brands to invest more in marketing on their traditional websites.

Consumers were more likely than marketers to want to interact with brands on Facebook. More than half (58 percent) of consumers have “Liked” a brand on Facebook, up 20 percent from the prior survey in 2010. About one-third of consumers with a smartphone and one-fourth of consumers who do not own a smartphone say they prefer to interact with brands on Facebook, making it the second most common place consumers go to connect with businesses online.

While just 21 percent of consumers have made a purchase as a direct result of a Facebook message, 22 percent of consumers say they want marketers to invest in creating a better Facebook experience. This suggests that there is great potential for Facebook to grow as a sales and marketing channel.

While marketers are highly engaged with Twitter, consumers are far less so. Some 61 percent of marketers follow at least once brand on Twitter, but only 12 percent of consumers do. That was an increase of just 7 percent from the prior survey in 2010.

What’s the takeaway? If you’re involved in small business marketing, you’re on the cutting edge of new trends and technologies—so don’t make the mistake of assuming your habits mirror those of the average consumer. Always do your research to understand exactly what your target customers are doing and how they want you to market to them—it may not be how you’d like to be marketed to yourself.

You can download the complimentary research from Exact Target or view an infographic of the survey.

Image by Flickr user (Creative Commons)

Social Shopping Isn’t Taking Off Just Yet

February 19th, 2013 ::

By Karen Axelton

While the idea of shopping directly through social media (such as making a purchase from within Facebook) is frequently touted as the next big development in retail, it’s still got a long way to go, a new study from PwC reports.

Last year just 12 percent of shoppers globally made a purchase directly via social media. And even social media’s much-touted ability to drive sales is not so strong as you might expect: Just 18 percent of shoppers who are active social media users were driven to make a purchase as a direct result of social media, PwC found.

However, that doesn’t mean that there isn’t strong potential for social media to drive purchases going forward. The study found that consumers are rapidly growing more willing to interact with businesses on social media. Fifty-nine percent say they follow brands on social media, compared to 49 percent last year, and 27 percent report having discovered new brands via social media, up from 17 percent last year.

PwC’s report divides shoppers into three categories and assesses each group’s likelihood of becoming social shoppers. Here’s what they found:

  1. Brand lovers: Accounting for 38 percent of consumers, Brand Lovers follow brands on social media and are also voracious multichannel shoppers. More than half (53 percent) actually go into a physical store at least once a week and 45 percent buy something online at least once a week. PwC says this group has the most potential to become social shoppers.
  2. Deal hunters: Accounting for about half of consumers, this group is savings-motivated and social media will drive them to click through and purchase if the offer is good enough.
  3. Social addicts: This small group is most active interacting with brands on social media, which they use to share shopping experiences, find information and reviews, ask their friends for recommendations and directly give feedback to companies. “These very active online users tend to have huge social media networks and wield an outsized influence,” the report concludes.

Conclusion? While social shopping isn’t yet a major force, it’s likely to become one—so keep working your social media tools.

Image by Flickr user birgerking (Creative Commons)

5 Ways Facebook’s Graph Search Could Help Your Social Media Marketing

February 11th, 2013 ::

Facebook Graph SearchBy now you’ve heard about Facebook’s new Graph Search feature, which is still in beta (you can add your name to their wait list if you want to give it a try before it goes public).

Graph Search basically puts your social graph – your connections – to use by making it easy to find people, photos, places, and interests that are relevant to you. Your search results will be unique to you, as everyone’s social graph is different.

Since Facebook tends to get the beatdown pretty often about privacy, it’s worth noting that your results will only include what you could already view elsewhere on Facebook.

Let’s take a look at how Facebook Graph Search could help your social media marketing (I say “could” because we don’t know yet how people will use it):

1. Learn More About Your Fans

This, for me, is the most obvious benefit. Facebook brand’s Facebook fans which will then help them create more relevant content. This will benefit Facebook users by giving them content they want to see, which will then in turn benefit brands by boosting the levels of Facebook engagement.

2. Find New Customers

Because of its detailed search capabilities, you could use Graph Search to find potential new customers. Just use the same demographic and interest criteria you would use for an ad, and ask for introductions from your shared connections. (Yes, this is a lot like LinkedIn.)

3. Likes = Visibility

Likes will become even more important for your page – the more likes you have, the more visibility you will get. Let’s say you are a photographer. When the friend of one of your fans conducts a search for “wedding photographers,” you will pop up.

4. Ad Opportunities

Since Facebook depends on ads for revenue, it only makes sense that they would extend advertising opportunities to Graph Search.  Your targeted ads would reach people looking for your product or service – a really great lead generation opportunity.

5. Location Will Matter

Besides encouraging likes, local businesses should encourage check-ins. If Graph Search uses EdgeRank, the more activity you have on your page, the more you could potentially show up in search results.

One small caveat: If Graph Search is to work for your business, you will have to actively use Facebook, share engaging and relevant content, and encourage likes and shares.

How else do you think this new search capability will affect your social media marketing?

Image courtesy of techcrunch.com

B2B Marketing Budgets Are on the Rise in 2013—Is Yours?

February 6th, 2013 ::

By Rieva Lesonsky

If your small business markets products or services to other businesses, you may want to consider boosting your marketing budget for 2013 if you haven’t already. A new survey from BtoB Online found that nearly half of B2B companies are increasing their marketing spending for this year.

BtoB’s 2013 Outlook: Marketing Priorities and Plans report polled over 300 B2B marketers and found:

What are marketers spending?

Some 48.7 percent of marketers say they will increase their budgets this year, up from 40.1 percent last year. About 41 percent will keep their budgets the same, down from 48.4 percent last year. Meanwhile, 9.5 percent will cut their budgets, down from 10.8 percent in 2012.

Where are they spending it?

Some 67.2 percent of marketers say they will increase their spending on digital marketing this year. Of those, 70.1 percent will spend more on website development, 61.9 percent on email marketing, 56 percent on social media, 55.8 percent on online video and 52.5 percent on search.

In addition, 72.2 percent of B2B marketers say content marketing is part of their marketing plan. The most popular platforms for content marketing are websites (93 percent), social media (65.4 percent), print (47.5 percent) and mobile (20.9 percent).

What do marketers hope to achieve?

B2B marketers report their number-one marketing goal this year is demand generation/customer acquisition, cited by 69.3 percent. The second most important goal, increasing brand awareness, was way behind, cited by 17.6 percent. In third place: customer retention, cited by 13.1 percent.

Who’s going mobile?

More B2B marketers are integrating mobile marketing, but there’s still a way to go. Some 32.7 percent of respondents say they currently use mobile in their marketing strategy, while 35.5 percent say they plan to spend more on mobile marketing this year.

What are they automating?

Better aligning marketing and sales is a key goal for B2B marketers this year. Some 52.3 percent say they will spend money on sales enablement platforms, while 50.8 percent plan to invest in marketing automation systems.

What old-fashioned marketing method still matters?

It’s not all digital and mobile. For many B2B companies, events are still crucial to their marketing strategy. In fact, some 41.5 percent of survey respondents say they will increase their event budgets for 2013.

Editor’s Note: Network Solutions offers an easy way to build a website for mobile devices in mere minutes: goMobi™, powered by dotMobi.

Image by Flickr user Andy Roberts Images (Creative Commons)

Luxury Marketing Goes Digital

February 4th, 2013 ::

By Rieva Lesonsky

Surveys have shown that luxury consumers spend more time and money online than the average consumer. No wonder, then, that marketers of luxury products and services are expanding their focus on digital marketing in 2013.

eMarketer recently reported the results of a study by Worldwide Business Research and ShopIgniter that polled more than 130 worldwide luxury marketing executives. Some 85 percent say they plan to increase their digital marketing spending in 2013. Of those, 72 percent are planning to spend more on social media, making social the biggest overall area of focus.

The most popular social media platform for luxury marketers is Facebook, where 95 percent of luxury marketers are actively engaging with their customers. Next most popular is Twitter, used by 85 percent; then come Pinterest (used by 60 percent) and YouTube (used by 59 percent).

In fact, Luxury marketers are more likely to engage with customers on Facebook, Twitter, Pinterest and YouTube than they are on ecommerce sites. However, more than half (52 percent) are connecting with customers on ecommerce sites as well.

Since luxury products tend to be highly visually focused, it’s perhaps not surprising that luxury marketers are using visual-focused social sites to reach out to customers and prospects. As mentioned, Pinterest and YouTube have high penetration, and even relative newcomer Instagram is used by 29 percent of luxury marketers.

Luxury marketers’ top content and product promotion tactics were posting images of products (81 percent), posting video (75 percent) and creating content about new product launches (60 percent).

One surprising area where luxury marketers are falling short is in their mobile presence. While the visual focus of luxury marketers could make it a challenge for them to translate their marketing efforts onto the smaller screen of smartphones, the crisp displays of tablets should be a natural for luxury marketing imagery. Still, just 35 percent of luxury marketers report using mobile apps, while a mere 26 percent say they currently use mobile commerce.

Another area of untapped opportunity for luxury marketers, according to the survey, is loyalty programs. Only 20 percent of companies currently use loyalty campaigns to reward customers.

Editor’s Note: Network Solutions offers an easy way to build a website for mobile devices in mere minutes: goMobi™, powered by dotMobi.

Image by Flickr user Mauro Cateb (Creative Commons)

 

 

Web.com Small Business Toolkit: Heyo (Social Marketing Tool)

January 24th, 2013 ::

Heyo

Want a better Facebook page? How about a mobile app for your business? Heyo is a social marketing tool that lets businesses do all that and more–all with easy drag-and-drop steps that don’t take a lot of time. If you’ve ever run across a Facebook fan page you admire and wish you could create one, too, Heyo can help with attractive templates or custom design tools. You can choose from over 30 widgets ranging from coupons and “Buy” buttons to contest and email opt-ins. Then Heyo takes your fan page and creates a mobile app based on your social data complete with photos and fan page tabs so your customers can see your page on their smartphones or mobile devices.

Your Guide to LinkedIn Advertising

January 24th, 2013 ::

LinkedIn people puzzleIf you’re a B2B company, attracting new customers with pay-per-click (PPC) ads on LinkedIn rather than Google or Facebook may be the way to go.  That’s because you can target your ad to specific job titles, job functions, industries, company size, seniority, by LinkedIn Groups, etc. to ensure you are reaching either the end user or the person who makes the purchase decision.

Who you can reach on LinkedIn:

  • 175 million professionals worldwide, 40 million of whom are US-based
  • 7.9 million business decision makers
  • 1.3 million small business owners
  • 4.2 million corporate executives

How it works:

  • Choose your target demographic and location
  • Set a budget for clicks ($2 minimum) and the total you want to pay overall ($10 minimum)
  • Pay $5 activation fee

Types of ads:

  • Poll ads: Conduct market research and build brand awareness at the same time
  • Join group ads: If you have a LinkedIn Group, you can advertise it and increase your reputation as a thought leader
  • Social ads: These ads integrate member activities and information about advertising to target buyers based on what LinkedIn knows about your social network.
  • Video ads: This is the newest ad type, which lets you add your YouTube video or a 30 second video to ads.

Tips:

  • Make sure you measure your click-through-rate (CTR) on a regular basis to ensure your ad is working; you want a CTR of 0.025% or better.
  • Ads with images get 20% more clicks.
  • Turn your headline into a question to garner more attention.
  • You can create up to 15 ad variations to figure out which image and text work best.
  • Target ads to one specific group instead of everyone; the CTO has different priorities and needs than the CIO.

Have you advertised on LinkedIn yet? What about Google or Facebook? What strategies have you used to increase your CTR?

Image courtesy of blog.hubspot.com

What Marketing Strategies Are You Spending on in 2013?

January 22nd, 2013 ::

By Maria Valdez Haubrich

How does your small business’s marketing budget for 2013 compare to that of your competitors? A new survey by StrongMail has some insights. Overall, businesses are bullish on marketing for 2013, with a total of 89 percent saying they will either increase or maintain their level of marketing spending in the coming year. (Some 45 percent will increase their marketing budgets and 44 percent will keep them the same.)

Email marketing, social media and mobile marketing will be the main focus of investment this year. More than half (55.5 percent) of marketing executives report plans to spend more on email marketing campaigns in 2013; 51.8 percent say they will spend more on social media; 42.8 percent say they will increase spending on mobile marketing; and 39.8 percent will boost spending on search marketing.

Two-thirds of the companies in the survey report they will spend more on mobile marketing programs such as mobile apps (39 percent) and SMS alerts (21 percent). Overall, mobile marketing spending will increase by 11 percent compared to 2012.

When it comes to social media, where are marketers putting most of their efforts? Facebook dominates, with 60 percent of businesses saying Facebook is the most valuable social media channel for them. Twitter and YouTube ranked second and third, respectively. Google and Pinterest were somewhere in the middle, cited by 31 percent of marketers, while Yelp, Instagram and LinkedIn brought up the rear.

Email is a strong area of growth for marketers, who plan to use it for a variety of purposes this year. While at one point some experts were predicting that social media would make email obsolete, marketers are figuring out email’s value in growing their social media presence and customer engagement. That’s reflected in the 46 percent who say they will spend more on emails to drive growth to their social media channels, such as Facebook or Twitter. In addition, 38.8 percent will spend more on promotional emails, and 34.7 percent will spend more on email newsletters.

Where aren’t marketers spending? Direct mail, trade show participation and traditional advertising will take the biggest hits. Some 37.4 percent report they plan to cut spending on direct mail, 33.6 percent will cut back on trade show spending and 23 percent will decrease spending on advertising in 2013.

You can view a PDF of the full survey results here.

Image by Flickr user Jay Freshuk (Creative Commons)