Tag Archives: numbers

Where’s The Money Going In 2016?

where-s-the-money

Where’s the marketing budget getting spent in 2016?

More dollars than ever are going into digital marketing, according to the latest (February 2015) CMO Survey, conducted by Duke University’s Fuqua School of Business and just released this week (Ad Age).

Spending on digital marketing is expected to increase 12.2% over the next year, with some of the largest growth being seen in social media, mobile and data analytics.

If we drill down into the report, however, we find dramatic growth is expected in social media investment:

Social Media Spend Growth.

That’s a 40% growth in social media spend over the next 12 months, with spend levels expected to more than double over the next five years. Massive.

And how do companies monitor the impact of their social media marketing?

Four metrics dominate (and they’re all the numbers you’d expect):

social-media-metrics

Let’s face it, Social Media Marketing is only increasing in importance. If you’ve been hoping it would go away, sorry (now might be a good time to check out our Social Media Marketing online training courses).

NZ Facebook Marketing 2015: June Update

There’s been a lot of talk — and, frankly, a fair amount of doom and gloom — about marketing on Facebook in 2015. The most significant development in that sphere came from Facebook itself, which announced late last year that from January 2015 self-promotional posts on Facebook pages would no longer be shown to Facebook followers.

As we’ve commented previously, that’s both good news and bad news. Bad news because marketers fondly hoped that the fascinating news that they were offering a discount or having a sale would be freely distributed to all their followers by Facebook; good news, however, because the new rules actually require that marketers create posts that are relevant and interesting if they are to be shared.

So, here we are at the middle of 2015. How are we doing?

NZ Facebook Marketing 2015

If we look at how New Zealand Facebook pages scored this time last year versus this year, the answer is: not so good.

Across the 25,603 New Zealand pages we track, just 0.75% of followers were (to use Facebook’s terminology) “talking about” the pages in June 2015, compared with 1.92% in June 2014.

In other words, on average expect less than one in 100 of your followers to be “talking about” your posts this year, half the engagement you might have expected last year.

As always, of course, there are outliers — Facebook pages that achieve far better results. Let’s take a look at some of those pages and see what we can learn.

Most engaged Kiwi Facebook page of all (in percentage terms), at least in mid-June 2015, was the Fox Glacier TOP 10 Holiday Park & Motels page.

This normally unassuming page, with just 647 likes, achieved a “talking about” score of 812.86% – 5254 people were talking about this page, more than eight times as many as actually followed the page.

The reason for this indecent popularity: a single good Samaritan post that was widely shared.

Fox Glacier TOP 10 Holiday Park & Motels

This success is, alas, likely to be a one-off. On the other hand our next example is more replicable. It’s from Kings Sound Centre, whose page enjoyed 367.69% popularity thanks to a series of videos as part of an online talent quest, their NZ Music Month Ibanez Guitar competition:

Kings Sound Centre

For a more sustained success formula, check out ZM Online, whose success (272.82%) derives from multiple posts each contributing to total engagement.

ZM Online Facebook Stats

One common thread that you see across all these pages: these marketers are NOT talking about themselves, surprise surprise!

Media channels such as ZM Online obviously find it really easy to talk about other things that are relevant to their audience, without lapsing into self-promotion. They’re simply doing online what they already do through their own channels.

On the other hand, if we look at some of the NZ Facebook pages that are under-performing the average, we typically find plenty of posts that Facebook has deemed self-promotional and not to be shared (without the advertiser paying for the privilege).

For example, when NZ Breakers writes about products it is selling, such posts only get 9 likes and 1 share (despite the team’s 79,209 Facebook followers):

NZ Breakers

On the other hand, posts about its returning superstars do so much better:

NZ Breakers-2

Similarly, despite 1391 followers, My Little Gift‘s really cute pictures also fell afoul of Facebook’s new rules and attracted just 10 likes.

My Little Gift

Perhaps the toughest task in NZ Facebook Marketing 2015 is faced by retailers (both online and traditional), who’ve been accustomed to posting their new products to Facebook and attracting attention as a result. Now, businesses such as Designer Gear Women are greeted by deafening silence (just a single like for the post below) despite having 6,854 followers.

Designer Gear Womens

It’s not that their followers don’t like what’s being posted, but rather that (under NZ Facebook Marketing 2015 new rules), they’re simply not being shown the posts.

By the way, we should note that the three examples we’ve chosen are simply that — examples, drawn from the 13,836 New Zealand Facebook pages that have less than 1% of their followers talking about them. In fact, these three are much more successful than most, having already attracted thousands of followers. All we’re saying is that times have changed and now new Facebook Marketing strategies are required in 2015 and beyond.

 

So how can you actually succeed with NZ Facebook Marketing 2015?

For you to achieve success with NZ Facebook Marketing 2015, you need to put on your thinking caps and do some serious brainstorming about your content.

In our Facebook online training courses (Facebook Accelerator and the Complete Facebook Marketing course), we tackle the issue head-on, and recommend that you:

  • use Graph Search to learn more about your followers and the sort of content that will interest them
  • identify the types of posts that your followers are most likely to share
  • create more of those types of posts
  • create posts in styles and formats that encourage more engagement
  • identify when your followers are most likely to be active on Facebook
  • publish your posts at those times
  • post more frequently than in the past
  • pay to promote the best of your posts to your followers
  • bump evergreen popular content
  • aim to drive Last Actor engagement as much as possible
  • crunch your numbers regularly to see exactly how well you’re doing (and whether or not you’re fulfilling your potential)
  • use Facebook advertising to drive Facebook users to your website

PS We would be remiss if we didn’t suggest that you check out our Complete Facebook Marketing and Facebook Accelerator online training courses, which discuss in great detail exactly what you need to succeed in NZ Facebook Marketing 2015.

Were Your Posts Just Banned By Facebook?

banned-by-facebook

Late last week, Facebook gave businesses the bad news:

Overtly promotional posts will no longer be shown to page followers, beginning in January 2015.

Exactly what types of posts are banned? Here’s what Facebook specified:

  1. Posts that solely push people to buy a product or install an app
  2. Posts that push people to enter promotions and sweepstakes with no real context
  3. Posts that reuse the exact same content from ads

Facebook gave some hypothetical examples of undesirable posts, but here are just a few of the millions of real Facebook page posts that would seem to fall foul of Facebook’s new rules.

Posts that only talk about products you should buy:

banned-post-1

Or contests you can enter:

contents

 

And even big brands have Facebook page posts unlikely to survive the January 2015 promotional massacre:

uniqlo

Those 762 people who like the above post? They’re going to be out of luck, when January rolls around. They won’t see the Uniqlo promotional posts in their newsfeeds, so they won’t know about the deals.

The Continuing Push Towards Zero Facebook Engagement

This move by Facebook is just the latest step in the social network’s efforts to:

  • reduce unwanted clutter on users’ Facebook newsfeeds
  • drive down the reach of brands’ Facebook page posts (towards zero)

From a user-centric point of view, Facebook’s motives are not merely practical but praise-worthy. As Facebook notes, “our goal with News Feed has always been to show people the things they want to see. When people see content that’s relevant to them, they’re more likely to be engaged with News Feed”.

From the point of view of businesses, however, Facebook’s moves are typically not viewed in such a benign fashion.

As re/code notes, it’s “likely going to anger brands in the process, many of whom spent years building up a following for this very purpose. Why would Coca-Cola pay Facebook to promote one of its posts when it already has 90 million users following its updates?”

Facebook’s own guidelines for business pages spell out the social giant’s thinking:

Publicize exclusive discounts and promotions with ads
If you’re looking to inspire more purchases from your posts, create Facebook Ads with special discounts or promotions.

  • Use link ads to drive people to your site, and include special codes they can use at checkout
  • Drive urgency with a time prompt like “free shipping, this weekend only” or “12 hour flash sale”
  • Promote only products or services you think your audience is most interested in
  • Advertise end-of-year contests and giveaways to drive customer loyalty and sales

In other words, if you want to use Facebook to actually sell stuff, you can now expect to have to PAY.

Overcoming Facebook Frustration & Reaching Your Followers

So what should you do? Simply abandon your carefully-constructed Facebook presence? Or pay every time to reach your followers?

In our Facebook online training courses (Facebook Accelerator and the Complete Facebook Marketing course), we tackle the issue head-on, and recommend that you:

  • use Graph Search to learn more about your followers and the sort of content that will interest them
  • identify the types of posts that your followers are most likely to share
  • create more of those types of posts
  • create posts in styles and formats that encourage more engagement
  • identify when your followers are most likely to be active on Facebook
  • publish your posts at those times
  • post more frequently than in the past
  • pay to promote the best of your posts to your followers
  • bump evergreen popular content
  • aim to drive Last Actor engagement as much as possible
  • crunch your numbers regularly to see exactly how well you’re doing (and whether or not you’re fulfilling your potential)
  • use Facebook advertising to drive Facebook users to your website

 

Free Report on Facebook Advertising

If you want to sell anything through Facebook, it’s time to face the grim reality:

you’re simply going to have to pay to promote your products, through Facebook Advertising.

A word of warning, however: if you don’t know what you’re doing, it’s easy to burn through a lot of money fast, with minimal results.

To help, we’ve put together a special FREE report on getting started with Facebook Advertising.

 

GSWFB-cover-cropped-3D

This free report will tell you the 5 essential tips you simply MUST KNOW before you start advertising on Facebook.

So go ahead — grab your FREE copy right now!

Just click here for your free report.

 

 

Introducing Pinterest Place Pins

Now here’s something an advertiser can love: new Pinterest Place Pins. Digital Market Asia explains exactly what they are:

Pinterest has introduced a whole new initiative: Place Pins. With about 1.5 million places being pinned every day, Place Pins were designed to combine images with an online interactive map. This is powered with Foursquare’s location API, along with Mapbox’s map technology, to aid users to explore and plan travel trips which can then be shared with friends.

More advertising avenues, with a few things to remember
Although Pinterest currently doesn’t offer ads on the site outside of Promoted Pins, Place Pins have ad potential as Pin locations include information such as addresses and phone numbers. This can be especially useful for travel and tourism businesses to, for example, help visitors discover things to do in an area. There is however a list of things that brands need to know.

Available on iOS and Android: Not only can Pinterest users find inspiration and plan trips online, they can keep track of places they would like to visit while they are on the go, through the Pinterest app.

Any Pin can be a Place Pin: Any existing pin on a board can be updated to include geographical data by selecting ‘Add Map’ in the Edit section of a board.

Any location can be Pinned: Even if a location isn’t on the map, pinners can add locations of their own.

Make a site Place Pin-friendly: Pinterest have partnered up with various businesses such as Foursquare and Hotels.com that will automatically include location info on their Pins. This and Pin It buttons on site images make it easy for pinners to save places they want to go to.

Create a place board: Make sure the place boards reflect and are relevant to the brand. The actual creation of a place board is simple enough: select ‘Add a map’ when creating a new board or edit an existing board’s settings. After this, you can map all your new and existing Pins to the board. For some inspiration check out Visit Britain’s UNESCO World Heritage Sites in the UK.

In this example, the Visit Britain UNESCO World Heritage Sites page on Pinterest displays a map with clickable pins.

pin1

Clicking on any of the pins reveals a pop-up with more details about that particular destination and a button to learn more.

pin2

In this example, clicking on the Learn More button takes users through to the Foursquare site for more information.

The opportunities for travel and tourism advertisers are fairly obvious (and this Pinterest enhancement is especially designed for travel planning), but what about other marketers?

  • Any business that has more than one location could benefit from this facility
  • Alternatively, Pinterest Place Pins lend themselves to promotional usage, for example if you want to organise a treasure hunt or a car rally or any other location-based event
  • you could link yourself to other businesses in your region that offer complementary products or services

The possible marketing uses are really only limited by your imagination.