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By Chad Pollitt

According to the Content Marketing Institute, on average, it takes six to eight online content touches from a brand for a consumer to become a customer. Some industries can take up to 18, according to Google. Why?

There’s a dozen or so micro-reasons we can likely come up with but what it boils down to is one word – trust. Each time a consumer is exposed to a brand’s content (owned, earned or paid) that person becomes more familiar with the brand. Over time, with enough touches, a trust threshold gets breached and the likelihood of that person becoming a customer is optimized. Of course, this is assuming the content is good/helpful.

That’s precisely why we do content marketing today and why many companies started to do it last decade. Although, admittedly, some used it as an SEO tactic originally, myself included. These brands are what Marcus Sheridan calls “digital sooners.” These are the companies that started doing content marketing last decade in a time of online content deficits. Meaning: there were more people on the web searching for solutions to their problems then there was content to solve them.

This was all well and good for those brands and most were able to drive copious amounts of traffic, visibility and awareness. Many still benefit from this today. Unfortunately, the sooner land rush is long gone for most brands. The rush since last decade has created what most industries are facing today – content surpluses. Meaning: there’s more content on the Internet today than there are people that want to consume it. To put this in prospective, according to Cisco, in 2007 global Internet traffic was about 2,000 GB per second. It’s estimated to be over 105K GB per second by 2021.

Clearly, it’s getting harder and harder everyday to stand out in the crowd with these content surpluses. As marketers we used to be able to hit the publish button on our content and the search engines and social media would drive all of the touches we needed to build consumer trust for our brands. That’s not likely a reality for most companies today.

As a result, we’ve been forced to leverage earned and paid media distribution tactics to get the content touches we need today. In fact, it’s highly likely that content marketing caused the rise of both influencer marketing and native advertising. It had to in our age of content surpluses.

Both distribution tactics lend themselves well to helping build brand trust. It’s not just the content touch itself that builds trust, but rather, the delivery method. If an independent third party writes wonderful things about a brand it screams validation much louder than a brand could do itself. The same holds true with native advertising. Even if a brand pays the New York Times for sponsored content that content is still in the New York Times. That on its own is a huge trust factor.

Content marketers have a guiding light at the top of the pyramid – build trust with consumers. People only go to the web for two reasons – to solve a problem or to be entertained, quickly. Marketers who do one of those two things or both will drive the touches they need to succeed with the help of content amplification and influencer marketing, today. Last decade isn’t coming back and the era of content surpluses is here to stay.

Lastly, television executives spend $5.00 on distribution for every $1.00 they spend on creation. Based on my own research, content marketers do the opposite. This has to change if we want the touches we need to optimize consumers to potential customers.

By Chad Pollitt

Sourced from inPower

By Dakota Shane

Looking to take your online sales to new heights? Instagram’s latest feature, Checkout, may be the secret weapon you’ve been looking for.

From clothes to furniture to supplements, there are a ton of products being advertised across Instagram. Yet, many people may not know just how huge shopping has become on the platform. As first reported by Recode, 130 million people now look through Instagram product tags on a monthly basis – up from 90 million just back in September of 2018.

To capitalize on the momentum, this past week, Instagram rolled out a new feature called Checkout, which allows users to buy products with just a couple clicks and without ever leaving the app. At the moment, the feature is only available to a select group of retailers, but will open up to the public in coming months.

This push means the company is doubling down on e-commerce. Meaning, influencer marketing may see an uptick in performance given how frictionless selling products will be on Instagram, brands may now see Instagram as a much more viable selling tool, Instagram will begin charging companies to promote their products that use the Checkout feature and more.

While, at first glance, this feature may seem like a small update at best, it’s actually something all business owners can benefit from. Here’s why, plus how to start building an Instagram audience today.

What this means for entrepreneurs

Instagram is a heavily visual platform where fashion, fitness and lifestyle content rises to the top – making it a terrific venue for a seamless buying experience.

Checkout presents a massive opportunity for anyone selling products online to boost sales. If you aren’t already building a following on Instagram, the new feature should give you another reason to. And with ecommerce sales in the United States alone growing 15 percent to equal a whopping $517 billion in 2018, it’s clear online shopping is the future for brands of all kinds.

How to start building an Instagram following

1. Buy shoutouts from big accounts in your niche.

Many of the large, highly engaged accounts on Instagram sell what are called shoutouts. Defined, a shoutout is when a big account features another, typically smaller, account in one of their posts, and encourages their own audience to follow the buyer.

Given how difficult building an engaged following on Instagram can be, sometimes you just needs a push to get the ball rolling. By purchasing shoutouts from highly relevant accounts in your field, you may drum up the momentum you need to dramatically increase followers.

2. Take a photography course.

At its bare bones, Instagram is a photo sharing platform. So, in order to create high quality content on it, you (or someone on your team) needs to be able to capture high quality photos. If you aren’t yet familiar with the in’s and out’s of photography fundamentals (lighting, angles, etc.), taking a photography course on Udemy or Creative Live could go a long way.

3. Leverage Instagram Stories.

The rise of Instagram Stories has been meteoric, and now boasts over 500 million daily users. The feature gives business owners an opportunity to showcase the less filtered, more raw side of their company. By humanizing your brand to consumers, you’ll be able to build a strong relationship with them, increasing the likelihood they’ll continue to engage with your content and tell their friends about you.

4. Publish word art on Instagram.

Photos and videos aren’t the only types of content that perform well on Instagram. Word art posts also tend to spread like wildfire across the platform too. If you’re out of good photos or have tapped the well when it comes to video ideas, give word art posts a try.

Whether you choose to feature a shareable quote, an infographic, a fun fact related to your industry or something else entirely, word art can drive engagement and results for your business. To start, you can use a free tool like Canva to easily create these posts.

5. Post often.

It should go without saying that consistency is key when trying to build a strong Instagram presence. But if my word isn’t enough, here are some numbers to back it up. According to a study conducted CoSchedule, you should be sharing once or twice per day to yield the best results.

With Instagram’s rollout of their new Checkout feature, the writing is on the wall. The company is now taking online shopping on their platform very seriously, and trying to make it as smooth for the user as possible. As an entrepreneur, it’s important to capitalize on this opportunity while the iron’s still hot. Best of luck.

Feature Image Credit: Getty Images

By Dakota Shane

Co-founder, Copy Buffs@DakotaShane_Nun

Sourced from Inc.

By Hilary Milnes

If you’re a Nike+ member, entering a Nike store with the Nike app unlocks a new experience. With the app in in-store mode, customers can request fitting rooms and shoe sizes instantly, receive special offers and exclusive product, and checkout in the app and leave by skipping the line.

Nike has woven its mobile app into its retail stores, and now, having realized the power of its mobile apps to drive customer loyalty and sales, it’s tightening the relationship between the two channels. The secret sauce behind Nike’s success in building up its digital and direct-to-consumer businesses is the link between its apps and its store strategy.

“The way we look at digital and in-store is not channel-by-channel, or one channel helping the other. Instead, we architected the entire notion of why someone with a phone in their pocket would walk into a store,” said Michael Martin, Nike’s global head of digital products. “We want to have the best store experience where our most connected customers are, whereas another company might look at the inverse — if people are shopping in the app, they don’t need a store there. But we see our approach as better serving our customers.”

Martin oversees Nike’s apps — which include the main Nike app, the SNKRS app, Nike Run Club, as well as Nike’s WeChat store — as well as digital retail experiences and services. His role expanded a year and a half ago to include leading digital integration in Nike’s stores, at the same time the company was putting together an internal strategy to increase direct sales. In 2017, Nike announced its “Triple Double Strategy” focusing on doubling the innovation, speed to market and direct customer connections at Nike through a series of initiatives.

To double direct connections, Nike rethought the way its apps functioned in Nike stores, including rewarding Nike+ app members with in-store perks and exclusive features, in an effort to drive direct sales.

Over the past year, Nike has built a feedback loop of customer data that flows from its collection of apps into its stores. It’s mostly in Nike’s new store concepts: House of Innovation, now open in New York and Shanghai, and Nike Live, which opened last year in Los Angeles. These stores include new digital features like app-reserve for sneakers, mobile checkout and buy online, pick up in-store lockers. Martin said that by approaching the two channels — app and store — as connected customer touchpoints, sales have increased.

The impact is felt throughout the store experience. Store merchandising strategies are informed by the data coming from users in that area that use the app to predict what will sell well, and in stores, customers can check on size and style availability and checkout in the app to make it a more frictionless experience.

Nike’s using its internal channel strategy to eliminate the silos between digital and retail sales channels, banking on the idea that success in one channel should drive success in other channels, too. As a result, it’s writing the rules on how a legacy retail brand can drive direct sales and customer connections: By offering customers a reason to opt-in to membership programs and app downloads by improving all other retail channels in return.

“Nike’s shown that a massive brand can navigate a new retail landscape that prioritizes direct sales and customer connections,” said Robin Copland, group vp of retail practice at Huge.

Nike’s digital and direct sales are up. Last Thursday, the company announced its results for its third financial quarter for 2019. Total revenue was up 7 percent to $9.6 billion, while digital sales were up 36 percent, making it Nike Digital’s first billion-dollar quarter. Direct sales grew by Nike CEO Mark Parker stressed the investment Nike is making in signing up more Nike+ loyalty members and app users, who spend more in Nike stores: At the new House of Innovation stores, Nike has found that more than 50 percent of transactions come from Nike members, and that customers who use the Nike app average 40 percent higher sales across all of Nike’s retail stores than those who don’t use the app, Parker said.

Martin said that driving app users to shop in Nike stores was made possible because of his team’s integration, which bridged the gap between digital products and the store concepts.

“The shift was a key early, but a critical part of the strategy shift to focus on one-to-one relationships with consumers at scale,” said Martin. “It’s given us greater license because we’re immersed in all this data that leads to decisions that come back to the consumer, because it’s a rapid cycle. I’m also responsible for the digital innovation team, which isn’t a lab off to the side. We’re pushing the boundaries of innovation into the core of the company as a whole.”

It’s a strategy that also extends out to Nike’s retail partners. Martin said the team is testing digital features powered by the Nike app with Foot Locker and Dick’s Sporting Goods.

“We’re designing our own stores in the same way you would a digital experience, and we can build a better experience that serves the customers more,” he said. “Then, we can take what we know and bring it to our retail partners. The goal is no weak links.”

By Hilary Milnes

Sourced from DIGIDAY

By Shane Barker

Scaling your business as an entrepreneur can be challenging. But it can be equally exciting. There’s a lot that you need to consider — such as cost and time — to determine whether you’re really ready for growth. But most importantly, you will need to consider how to expand and improve your service offerings.

It took me about five years to truly scale my business from a mostly SEO service company to a one-stop-shop for digital marketing. I have to say that gradually expanding my service offerings was what mainly contributed to the growth of my business. And I also learned a lot about what you need to do to properly expand your service offerings. Here are some tips to help you out:

1. Consider the needs of your existing customers/clients.

Most of the time, you won’t have to look any further than your existing client base when attempting to expand your service offerings. Talk with them and see if they have any needs that your business is still unable to address. Then consider whether you’re capable of meeting those needs and whether doing so will align with your current business niche.

Before I tried my hand at influencer marketing, I was mainly focused on providing search engine optimization services and a little bit of conversion rate optimization. I was working with a fitness influencer on her website’s SEO. But then she asked for my help in marketing her brand with influencers. And that changed everything for me.

I studied influencer marketing, which was still in a nascent stage at the time, and considered whether it would align with my SEO and CRO services. Since it’s all a part of digital marketing, I decided to give it a try and help her discover and connect with influencers. That’s how influencer marketing became part of my service offerings.

2. Consider your strengths and expand accordingly.

What are you particularly good at that you aren’t monetizing yet? Let’s say you’re an SEO strategist but you also have a good eye for design and can easily detect opportunities to optimize websites for conversions. Perhaps you could add CRO to your service offerings with a little bit of training.

For me, public speaking has always been my strong suit. But I never really considered it as an opportunity to expand my services until very recently. I was mainly meeting with clients and working with my team in the background to execute digital marketing campaigns and that was it. By the end of 2017, I started getting the occasional invite to speak at corporate events.

And as more invites poured in the following year, I realized that people actually wanted to hear me speak and that they would pay me for it. So I developed a plan to add speaking engagements as part of my service offerings. Now, people can hire me to speak at marketing events or to train people at marketing workshops.

3. Expand according to business alignment.

As I briefly mentioned in the first point, the new services you add should align with your business niche. If you’re not getting any valuable ideas from your existing clients or your strengths, you could explore other relevant options within your industry. This will help you gain a better understanding of other services that you can add that align with your existing service offerings.

Take a look at some of the other agencies in your industry and see what kind of services they’re offering. Is there anything you’re missing that you could work on and include in your services?

For example, my agency started out with basic content development services, which we normally bundled with our SEO package. Our team of writers and editors worked to create keyword-optimized text content in the form of blog posts, page copy, and product descriptions. But since we had an in-house designer anyway, we also started creating infographics for our clients to enhance our service offerings.

4. Expand to become a one-stop-shop.

To effectively scale your business, you need to put the needs of your customers first. This means offering them comprehensive solutions in one place so they don’t have to go anywhere else. The goal is to simplify things for them and reduce costs through package service deals. It also means discovering opportunities to deliver services that they didn’t even know they needed.

At the very beginning of my entrepreneurship, I was providing SEO consultation services. This meant that I was advising people on how they could enhance their SEO strategy to improve their rankings. I was helping them with keyword research and website analysis, so they were equipped with all of the basic resources to make necessary improvements.

But I also discovered that a lot of my recommendations could not deliver the kind of results I had expected. What I realized was that after I provided my clients with all of the keywords and plans to improve their SEO strategy, they had to take it upon themselves to create keyword-optimized content.

That meant that they were usually outsourcing their content development process, so the content quality was less than ideal. I had to come up with a solution. That’s when I began expanding my team to offer content development services that I bundled with my SEO consultation services.

So we were not only providing clients with suggestions but also executing those suggestions by taking over the content creation process. Since then, we have been gradually expanding by anticipating the needs of our clients and identifying opportunities to further enhance our service offerings.

Final Thoughts

Following these tips has helped me scale my business steadily over the past five years. Remember that although you may be eager to expand your service offerings, it’s equally important to upskill to deliver those new services. Make sure you enhance your skills and those of your team so that you can handle your service expansions.

Feature Image Credit: Getty

By Shane Barker

A digital marketing consultant who specializes in sales funnels, targeted traffic and website conversions.

Sourced from Forbes

By

Facebook made an interesting decision to build ecommerce capabilities into Instagram, which has been known as a photo-sharing app.

Burberry, Michael Kors, Nike, Warby Parker, and Zara are among the 20 companies that participated in the initial rollout of Checkout. The move, which allows consumers to buy products from participating brands without leaving the app, aims to bridge the gap between the ability to discover the products and make purchases.

Search engines have strength in what’s known as discovery shopping, but completing the transaction has never been a strong point, mainly because brands decline to give up the ownership of the data. When making a purchase on Instagram, consumers need to enter their name, email, billing information and shipping address the first time they check out. After that the information is saved to the site, which may cause alarm to most users considering on Thursday its parent company, Facebook, said millions of users’ passwords were improperly stored in a readable file accessible to employees.

Perhaps the industry should re-categorize Instagram as a discovery or search engine, or a marketplace — a cross between Amazon and Google or Bing.

With the growth of visual search across Google and Microsoft Bing, I can eventually see a similar service becoming available directly from search results. Perhaps that’s what meant when experts say search engines have become the website for brands.

Google did launch Shopping Actions in beta last year to allow brands to serve up their products across numerous Google properties, but mostly connected to the Google Express platform. The products serve up in the search results, but the transactions occur in Google Express. Still, it’s not quite the same as Instagram.

I’m still waiting for Bing to enter this market. It’s evident in several examples of how the Bing team integrates machine learning and artificial intelligence into the search experience. Most recently Microsoft’s engine rolled out improvements to its visual search capabilities, which let people find and discover information using an image.

Using a photo of a table, for example, Bing can serve up visually similar images, along with purchase options at different prices if the item is available online. The feature also automatically detects and places clickable hotspots above important objects.

The visual search capabilities such as object detection are quick and automatic using NVIDIA GPUs for inferencing, which yield higher processing efficiency compared with CPU-powered inference, according to the post.

Clickable hotspots could support the financial transaction, but also put the search engines in a precarious position. Not only with monetary gains, but also data. It does seem a likely move.

By

Sourced from MediaPost

By Tim Peterson

YouTube is focusing this year’s upfront pitch on its most TV-like content in an effort to convince advertisers that it can compete with traditional TV.

YouTube has been able to attract some ad dollars away from traditional TV in recent years. But to more fully contend for advertisers’ budgets in the upfront ad-buying cycle, the digital video platform needs to overcome advertisers’ perceptions that it is complementary, not comparable, to TV. It also needs to address their continued concerns that their ads may be delivered against unsafe content or not soon enough to reach their entire target audience.

YouTube will now consider production quality and the likelihood that people will view videos on TV when selecting channels to include in its Google Preferred program, which packages the top 5 percent of YouTube channels into category-specific bundles that advertisers. Additionally, the company will break out its streaming TV service as a standalone inventory option and will start to premiere YouTube Originals shows on its free, ad-supported tier.

TV is the through line of YouTube’s upfront pitch for good reason. Many digital advertisers may not be able to afford or willing to agree to the large minimum spend commitments that YouTube seeks for its upfront deals, said an agency exec. A YouTube spokesperson declined to say how much money YouTube will ask advertisers to commit to spend on its platform this year; in 2015 YouTube’s annual minimum spend requirement was $2 million. TV advertisers, on the other hand, have large budgets, and TV ad buyers are getting antsy about finding cost-efficient alternatives to linear TV, where viewership is declining but ad prices are rising.

However, for YouTube to win more money from TV advertisers, it needs to prove that it can compete on the same level — as well as the same screen — as TV networks. “There is this idea that being on a big screen is more valuable than being on a video anywhere screen,” said the agency exec.

Google Preferred on the big screen
At the center of YouTube’s upfront pitch this year is Google Preferred, as it has been since the company introduced the program in 2014. “Google Preferred remains the heart of our upfront offering,” said Tara Walpert Levy, vp of agency and media solutions at Google. But YouTube is making tweaks to Google Preferred to make it more attractive to TV advertisers by highlighting its TV viewership.

YouTube uses what it calls a “P Score” to determine which YouTube channels should be included in Google Preferred. The P Score consists of criteria that all start with the letter “p,” such as the popularity of a channel (i.e. its viewership) and the passion of its audience (i.e. repeat viewership and viewers’ willingness to share a channel’s videos). Last year, YouTube added protection as a criterion following brand safety issues that led the company to have people review every video uploaded by Google Preferred channels. This year, YouTube is adding two more criteria to the P Score: platform and production, which means content watched on a TV screen, and higher quality videos.

In October 2017, the company said that people were spending more than 100 million hours per day watching YouTube videos streamed to their TVs. That figure has now surpassed 200 million hours per day, according to the company.

YouTube TV and TV-like shows on YouTube
In addition to arranging Google Preferred to deliver more ads on TV screens, YouTube is looking to sell more ads against TV-like and actual TV content.

As Digiday previously reported, YouTube will offer YouTube TV as a standalone option for advertisers in this year’s upfront, though they will need to buy Google Preferred in order to access the YouTube TV inventory. That separation will help advertisers to more easily align YouTube TV with their addressable TV buys, but YouTube is also doing something to make it easier for advertisers to align it with their national TV buys.

When advertisers buy YouTube’s YouTube TV inventory, they will be able to exclude specific shows from carrying their ads, either because they already bought ads against those shows from the TV networks or because they do not want to be associated with those shows. YouTube will also allow advertisers to target specific audiences within YouTube TV beyond viewers’ age and gender and will offer Nielsen-backed audience delivery guarantees to advertisers.

This means advertisers will be better able to use YouTube TV to fill in the gaps of their traditional TV campaigns in order reach audiences that may be more difficult, if not impossible, to find on traditional TV, said the agency exec.

YouTube is reportedly scaling back on some of its TV-show ambitions, though the company denied that it’s getting out of the scripted programming market.

YouTube will premiere its version of TV shows, YouTube Originals, on its ad-supported tier before putting them back behind its ad-free paywall, where they have historically been held. YouTube is still firming up for how long shows will be available on the ad-supported tier but Walpert Levy described the ad-supported window as “substantial.” The company declined to say whether advertisers will be able to buy ads specifically to run against YouTube Originals shows during that ad-supported window.

YouTube also plans to provide advertisers with more sponsorships opportunities to have their brands be part of the show by working with show creators on custom integrations and custom formats that will be similar to what’s possible on traditional TV shows, Walpert Levy said.

Brand safety and reach concerns
As YouTube takes aim at TV advertisers, it will have to contend with a couple of primary concerns this cohort has with advertising on YouTube: the safety of its platform and its ability to deliver large audiences in a short period of time.

Historically, YouTube has pitched Google Preferred as its most prized and brand-safe inventory. Since the brand-safety issues that initially came to light in March 2017 and led YouTube to step up its video review processes over the past two years, there have been “virtually” no brand safety issues related to videos within Google Preferred, said Walpert Levy.

However Google Preferred has not been entirely isolated from YouTube’s brand safety woes. In YouTube’s latest brand safety issue — when sexually suggestive remarks were discovered in comments left on videos of children — there was one video from a Google Preferred channel that featured such inappropriate comments. “There was nothing brand-unsafe about the channel. It was just a handful of comments,” said Walpert Levy.

Following the February comments controversy, YouTube disabled comments on videos featuring minors in an effort to assuage advertisers, such as AT&T, Disney and McDonald’s, that pulled their ads from the platform. “There were a few folks that paused, and there are a few folks who are left paused, but I think most of them have come back,” Walpert Levy said.

Despite broader outcries over YouTube’s brand safety issues, ad buyers have largely shrugged at the controversies. Nonetheless, brand safety remains a concern for clients. When another brand safety issue on YouTube comes to light, “we get requests from C-level teams on the client side for an immediate response and recommendations,” said the agency exec. These concerns can color into clients’ level of interest in striking upfront deals with YouTube because upfront commitments typically mean an advertiser pledging to run ads on a platform for 12 to 18 months, the exec said.

In addition to advertisers’ long-term brand safety concerns, there are concerns about YouTube’s ability to help advertisers reach a large number of people in a short period of time. Because of TV advertising’s broadcast model, advertisers are able to reach a large number of people relatively cheaply, which is why advertisers continue to spend there despite prices increasing. Because ads are served individually on YouTube, advertisers worry that viewers in their target audiences won’t see their ads in the time they need to reach them, said the agency exec.

To address advertisers’ reach concerns, YouTube conducted an internal experiment to compare reach on YouTube versus national TV by evaluating the two channels’ ability to hit a certain target rating point (TRP), which is a version of TV’s GRP that is limited to the advertiser’s target audience. In this case, YouTube’s target audience was adults 18 to 49 years old. The company set a ratings goal of 125 TRPs and ran two tests to evaluate its ability to hit that goal. For one week it ran ads on national TV but not YouTube, and then another week it ran ads on YouTube and not TV. According to YouTube, the ads on YouTube hit the reach goal as quickly as TV and surpassed the initial goal to hit 153 TRPs at a 10 percent to 15 percent lower cost than TV and with an average audience age that was eight years younger than the TV audience.

YouTube has been chipping away at the TV advertising market in recent years. Last year the platform was able to steal dollars away from TV networks, agency execs told Digiday recently. However, YouTube stands to siphon even more spend with linear viewership expected to continue to decline and advertisers pressured to redirect their dollars to keep costs in check — if it can prove to advertisers that it can deliver TV-level reach against TV-quality content on TV screens.

“I definitely think they’re positioning themselves to capture more of that [TV] spend, if not this year then in the next two years,” said the agency exec.

By Tim Peterson

Sourced from DIGIDAY UK

By

Influencer marketing is a relationship built between a brand and an influencer, where the influencer promotes that brand throughout social media outlets. Influencer marketing allows businesses to advertise directly to their target audience through an influencer that consumers follow and already trust. Influencer marketing has become a very popular social media strategy in the past

Influencer marketing is a relationship built between a brand and an influencer, where the influencer promotes that brand throughout social media outlets.

Influencer marketing allows businesses to advertise directly to their target audience through an influencer that consumers follow and already trust.

Influencer marketing has become a very popular social media strategy in the past few years. With the rise and advancement of technology, it’s important for businesses to learn and master this tactic to drive traffic and increase sales.

Here are the four steps an entrepreneur can take to successfully execute the influencer marketing strategy.

Define main goals and target audience

The first step to achieve success with any tactic in marketing is to define and set goals throughout the campaign. This preliminary step makes it easier to measure success and generate returns on any investments made.

Identify and make your product appeal to your target audience. Take time to research your target audience and identify what your ideal influencer would look like. Then, you will be able to target your product towards that specific audience.

“For a small business there’s one simple goal for influencer marketing: sales,” said Dhar Mann, an experienced entrepreneur and founder and CEO of LiveGlam, a cosmetics company that he took from $600 in starting capital to 8-figures in annual revenue in less than two years.

According to Mann, it is important to consider your company’s current stage when choosing where to focus your time and effort. In the beginning stage of your business, always place the focus on sales. After some cash is put away, you can focus on building up the brand.

Develop performance-based affiliate program that pays commission for sales

A business starting with a small budget can get the most return on their investments working with influencers by creating a performance-based affiliate program. Using this approach can help a business generate sales without spending any money.

“My company, LiveGlam, a beauty subscription box, will generate $20 million in sales in our third year of business and we will spend a whopping $0 on advertising. All of our sales come through commission-based influencers that love our products and make a great living selling them,” Mann added.

However, you must create personal relationships with key influencers in order for the performance-based affiliate program to be put into effect.

Create personal relationships with key influencers

Building trust and a personal relationship with an influencer is key to holding a mutually-beneficial relationship. People feel more of a connection with a person than they do to a brand.

“My advice is to take time to build personal relationships and don’t blow your whole marketing budget on a few pay-to-post activations.

“First, make sure the influencer loves your product and consistently uses it so their audiences know the love is real. Once that history is developed and the influencer’s audience is warmed up to your brand, then paid activations can start to work,” Mann said.

It’s also important to focus on developing a really good relationship with a smaller number of influencers then it is to depend on thousands of micro-influencers to drive sales.

“We constantly send them thoughtful gifts, fly them to our studio in Los Angeles, interact with them on all their social channels, take them on trips and do whatever it takes to build personal relationships.

“We pay attention to the small details and it’s paid off in a big way,” Dhar Mann added.

Also, creating a strong relationship can lead to many different, exciting opportunities to promote your product including giveaways, exclusive product bundles, and collaborations. These opportunities will also help expand your company’s social media followings.

Use the right platform

Using the right platform for influencer marketing makes a huge impact, depending on your brand. It’s also more efficient to become an expert one platform at a time.

“I suggest start with one platform, master that, and naturally it will start spilling over onto others especially since most Influencers are multi-platform. If they love your product and your brand, they’ll start talking about you everywhere,” Mann advises.

Facebook Live is a great platform to use for the start of your influencer marketing strategy.

According to a study held by Statista, Facebook is the most widely used social network.

“Not only do influencers on Facebook Live have the deepest engagement with their audiences, they’re also not being flooded with offers by big brands because live content is so new. So, you can get a lot of bang for your buck.

“Established YouTubers and Instagrammers have so many deals coming at them that you’ll have a tough time getting on their radar and will have to pay an expensive price to get in the door,” added Mann.

Review and Repeat

Keep your social media influencer relationships strong and continually monitor the success of your business. Reviewing your influencer strategy helps you to adjust any problems and replicate success. It also helps you find out what works best for your business.

“When LiveGlam first started we looked at everything like this: if we spend $X then we expect a $Y return. And we defined a successful activation as one that generated a positive return on our investment.

“As our business grew we started to look at the brand lift potential from an influencer activation. How many followers did we gain? How many impressions did we generate? How many people now know about our brand that had never heard of us, including other influencers?” said Mann.

Monitor your sales, leads, traffic, followers and engagement consistently. Make changes according to your business growth and keep your influencers happy for future demands. Influencer marketing is one of the most effective ways to improve your brand’s awareness. Using these strategies can help take your business to the next level.

By

Sourced from THRIVE GLOBAL

By 

Are you despairing over the loss of data available within Facebook Audience Insights?

With the privacy ballyhoo, Facebook made the decision to reduce its Audience Insights tool to only giving insights about people who have liked your Page.

This was a tough change, as many of us used the tool to get insights into larger data sets like our web traffic and email lists.

Despite the oft-lamented vanishing of interests and these deprecated Facebook Audience Insights parts, there are still ways you can get some deep learning about your audience.

These other options are still very powerful (and evolving) inside offerings like Facebook Analytics, if you just know where to look!

You will also be an audience wisdom wizard if you learn to think cross-channel when it comes to your audience.

Your audience in other places can still be uploaded to Facebook and some analysis can be done if you just plan a little to keep it an efficient use of time.

Effective marketing in 2019 isn’t about silos; it’s about integration! Facebook is still an insight powerhouse that you can harness.

First, we’ll dive into what’s salvageable from the Audience Insights tool and how you can still use it, and then we’ll move to some other useful things in Facebook Analytics.

Audience Insights(-ish)

What’s left of this tool is pretty sparse, but you can use it for some specific things. Access it by going to the top toolbar and choosing Audience Insights:

How to Use Facebook to Learn More About Your Audience

Really, all you can do at this point is to get insight into folks based on the fact they liked your Page:

How to Use Facebook to Learn More About Your Audience

Cautionary statement: If you have hardly any likes (not enough data), or you went the route of paying for a ton of cheap likes (icky data that is total pollution for trying to do analysis), then move on to other tactics outlined below.

Your data here will not help and can lead you in totally the wrong direction.

What I find this useful for is mainly three things:

Understanding Who Your Competitors Are on Facebook

Often, advertisers and brands are used to the same ol’ players they compete within search.

But there are a lot of scrappy upstart brands that primarily derive their return from Facebook vs. Search, so it’s good to see if the landscape is different.

This is also helpful if you want to use the country filters – this is another area where you’re likely to see differences in the competitive arena.

How to Use Facebook to Learn More About Your Audience

You Can Click on Those Competitors & Check out What They’re Doing with Their Ads

This is a good place to spot ways they’re coming out ahead of your offerings, if they’re running sales, etc.

You lack the context of who they’re targeting, but it can help you keep a pulse on what they’re up to that might be working for the audience.

Target Your Competitors’ Followers When You Create Your Ad Set

If these competitors have enough followers on their Page, you can target them as an interest in when you create your ad set

I’ve worked with many brands who found really nice pockets of competitors they weren’t initially aware of that gave great return with some smart conquesting tactics in the creative.

Facebook Analytics

Truthfully, I could write a whole separate entry on Facebook Analytics.

It’s a pretty powerful little tool that is underutilized, but I’m going to give you the two main tools I use to learn more about my target audience.

First, you have to make sure you have your Event Source Group set up so that all your Page AND ad data will combine to show you this wonderful information.

Funnels

The first tool I use is Funnels. This is located in the left-side menu under “Activities.”

How to Use Facebook to Learn More About Your Audience

Funnels allow you to tie strings of actions together to see how different audience segments behave.

For example, do post commenting folks end up visiting the site at some point, or do they just comment and move on?

How to Use Facebook to Learn More About Your Audience

These sorts of insights can help drive smarter top-of-funnel media strategy (e.g., 19 percent of people who react to posts visit the site, but it takes about 6 days for them to do so).

In this particular instance, the recommendation was to increase the Post Engagement campaign efforts and add in remarketing to users who engaged to scale spend and sales higher. (It worked, if you’re wondering!)

Facebook Analytics gives you much deeper insight about what users do on the platform prior to what they do on your site – something Google Analytics cannot do!

Lifetime Value

Also located in the Activity section is Lifetime Value. I love this sucker for ecommerce.

How to Use Facebook to Learn More About Your Audience

What this will do is show purchase totals as timelines move out from a user’s first event fire on the pixel (such as Page View on your site).

How to Use Facebook to Learn More About Your Audience

Down the left, you have the week of when a user’s first interaction occurred.

Along the top, you have the weeks from that initial event, and the total amount from those users. This gives you very deep insight into how long it’s taking for your users to respond after the engaged brand touch, basically.

As you can see, weeks 4-8 are the sweet spot for when the revenue really starts kicking in. This gives deeper insight into what the timeline is like for your social efforts, and can help you strategize things like time-based remarketing buckets, and the messaging that goes along with them!

As you can see, all is not lost when it comes to learning more about your audiences using Facebook tools, but it’s a different chore than it used to be!

Heads down, dig in, and start mining those insights.

Overlap Tool

The Overlap Tool is another one that got hit pretty hard.

Once the audience sizes became “not available” (and are still that way in many situations), the system wasn’t happy to show you how much of one audience type overlapped another.

However, there are still pockets you can exploit, here. We do this often with different likes to see the intersection of personas, and also to learn more about our lookalike audiences.

Let’s say you have a Page that gets a lot of engagement, and you have information that you’re hoping might get some press. You can still do things like create a lookalike and match it up against interests or jobs:

How to Use Facebook to Learn More About Your Audience

Nada in common with those folks you’re hoping to reach. So if you want to get external attention and press, you’d know a separate budget and ad set was needed.

This does also open up the question of “what are my lookalikes made up of?”

Saving some different interest combinations and running the same Overlap exercise can help you uncover what other interests that have to get some more data out of that black box.

Here’s an example from an electronics manufacturer, where they wanted to understand brand affinities better, so they took a list of well-known names and ran them through.

Yes, time intensive, but it helped them more easily find possible audience interests.

They could then do things like comparison sell against those brands, or capture the reasons the brand appeals to that audience, and speak to those same benefits in their own brand:

How to Use Facebook to Learn More About Your Audience

It can also be helpful to understand how this audience skews if you have a lot of different types of buyers.

For example, if you sell to the medical community, you could overlay it with clinician titles from different sectors to gain an understanding of what your lookalike audience is comprised of:

How to Use Facebook to Learn More About Your Audience

I also find it interesting to do this when creating traffic off lookalikes from things like LinkedIn traffic or search traffic.

You’ll see variances in these audiences quite frequently, which might prompt you to test different messaging or targeting on other platforms.

All Is Not Lost

In the quest to move from silo-focused paid media to persona-driven, holistic marketing, learning new ways to use the tools we still have is hugely important.

It’s easy to get frustrated that the “how” for getting those insights has changed, but the “why” will always remain the same: because marketing is about people.

Nowadays, people are on multiple devices, interacting with thousands of messages, and giving signals to their intent and interests.

As marketers, it’s up to us to remain up to the task of discovering user needs, and meeting them as accurately as possible – no matter how those tools change and evolve in the coming years.

By 

Susan is Account Group Director at Aimclear® and has been in digital marketing for 12 years, holding multi-disciplinary roles in … [Read full bio]

Sourced from Search Engine Journal

By Abner Li

Last week, Google marked the one year anniversary of its Google News Initiative aimed at supporting publications with new technology and funding. The company today announced new analytics tools to help news organizations make better use of incoming data.

As a follow up to last year’s News Consumer Insights report, Google is launching Realtime Content Insights (RCI). This tool leverages data from your site’s Google Analytics to present a dashboard of popular articles and trending topics across different regions in a more visual manner.

A full screen display mode is ideal for televisions and other large screens that are often used in today’s newsrooms to show various stats. The “Newsroom View” will display your top articles — complete with headline and cover images — with a “Real-time readers” metric and more historical “Views Last 30 Mins” count.

On regular screens, you can also get a list of top articles, and traffic sources by geography and referrals. The web app is freely available today for any Google Analytics user today. Google hopes this will help publications make “quick, data-driven decisions on content creation and distribution.”

Google real-time news dashboard

The “Propensity to Subscribe” signal within Google Ad Manager uses machine learning to help publishers determine readers that are likely to pay for content and those that aren’t. Still in closed beta today, Google plans to integrate it into Subscribe with Google this year.

We’re making progress on our propensity modeling: early tests from our model suggest that readers in the top 20 percent of likely subscribers are 50 times more likely to subscribe than readers in the bottom 20 percent.

Lastly, a Data Maturity Benchmark helps “publishers assess their data maturity, compare themselves to other news organizations and take steps to improve.”

The tool accompanies a new report published today by Deloitte that examines how news and media companies can use data to increase user engagement on digital platforms and drive value through the monetization of those platforms.

By Abner Li

Sourced from 9TO5 Google

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Let’s face it — your live TV life may be miserable. Why? Because you watch too much advertising.

The Centre for Economic Policy Research analyzed advertising spending in 27 European nations over the course of three decades to come to this conclusion. The study found when a nation’s ad spending went up, life satisfaction in the country went down or increased less than what was expected.

(I should have figured as much. I always felt bad after binging on “Mad Men.”)

Yes, this is a European study. But here’s the U.S. silver cloud: Seems watching Super Bowl advertising isn’t that bad, according to the study. We can surmise this is because a lot of drunk viewers love to watch advertising featuring the mishaps of average people — mostly male — in many creative ways.

Perhaps the lure to buy more products pushed by TV messaging has collateral effects. TV offers us products that many cannot afford: luxury cars, big-time financial management firm services (which promise easy retirement and big stock market gains), or expensive jewelry.

Consumerism can yield euphoric sentiment among U.S. citizens. But advertising? That’s aspirational at best.

And then there is this.

The richer a country’s society becomes, the more advertising its citizens will see, according to the study. As life satisfaction rose and fell in these countries, advertising costs reflected similar up-and-down trends “a small number of years later.”

Well, in the U.S. — and other countries — we have time-shifting technologies to avoid advertising, especially as it attaches to premium video content on TV networks and new ad-supported digital platforms. But as we all know, there is still plenty of TV advertising that does get seen.

Maybe future addressable advertising will help. Right now it is somewhat depressing, for example, to see so many pharmaceutical ads pitched on live cable TV news network shows — as if these ailments are on the way.

Yet, we keep watching.

Maybe I can find a Super Bowl ad to cheer me up, featuring people laughing while drinking a low-cost beer in a low-rent bar. How about a new, semi-violent, somewhat animated-looking video? Nope. All depressing.

Turn to daytime TV advertising? P&G is running an ad for Febreze and everything isn’t so miserable. The TV life smells good — for the moment.

By

Sourced from MediaPost