Wednesday 24 August 2016

8 Rather Revealing Social Media Marketing Statistics


Regardless of whether you yourself are personally active on social media, you are probably aware of its power and potential in a business setting. Which makes it all the more surprising that a striking proportion of businesses are still making little to no effort whatsoever to capitalise on social media. With no less than a third of the entire global population now actively using at least one social platform, never in history has there been a marketing tool with such extraordinary reach.



So with this in mind, what follows is a quick overview of 8 social Media Marketing statistics that could (and perhaps should) prompt a change in your current marketing policies:

1. First of all, a recent study carried out by Pew Research found that no less than 76% of Internet users now regularly use at least one social media service. What’s more, heavy and routine social media use is no longer confined to millennials – every single age group has grown over the past five years.

2. On a global basis, there are now somewhere in the region of 1.98 billion mobile social media users. Considering the fact that the total global population of social media users is around 2.3 billion, this clearly illustrates the importance of focusing on mobile. After all, mobile is the access method of choice for no less than 85% of social media users.

3. According to MediaPost, the average amount of time every Internet user is spending interacting with social media is increasing all the time. In fact, people are now spending an average of 109 minutes – or 7% of their entire day – using their chosen social media platforms. That’s 7% of every single day, 365 days a year.

4. And in terms of time spent online, the folks at comScore report that one in every five online minutes is now spent using social media. Which means that for every hour the average web user spends online, a solid 12 minute are spent using social media platforms.

5. By the year 2020, the vast majority of businesses will be spending somewhere in the region of 25% of their entire marketing budgets on social media. That’s according to a recent CMO Survey, which found that even those businesses that are already investing heavily in social media intend to up the stakes enormously going forward.

6. In terms of communication, millennials are much happier to get in touch with businesses via social media than by any other conventional means of contact. Which technically is nothing but a good thing from a business perspective as communicating via social media really couldn’t be easier.

7. Despite the fact that more than 80% of professional marketers say that they understand the power and importance of social media, the majority remain entirely unaware of how to fully capitalise on it. Reluctance to outsource or involve third-party professionals is one of the biggest of all roadblocks when it comes to social media marketing.

8. Last but not least, while so many businesses continue to regard Twitter as something of a one-way communication channel, research has shown that almost three-quarters (72%) of consumers expect a response to their customer service tweets in less than 60 minutes.

Wednesday 20 July 2016

Some Top Tips For Making Money Online



First, the good news: absolutely anyone can make money online if they learn how to go about it. The not-so-good news? It takes time, effort and a lot of trial and error before you get it right. If you’re a start-up online business with a very limited budget then you will naturally want to do as much research as possible before taking the plunge. This way, you can maximise what assets you have.


 
Here are some of the key strategies you can employ to set you off on the right foot:

Research the Market: You may think you have a great product that’s going to sell like hotcakes, but how do you know until you’ve tested it out? Don’t waste time and money by taking your idea straight to market until you have ironed out any kinks, or found out if there is even an audience for it. Get feedback by carrying out market research with potential customers. 

Why not try running a campaign on crowdfunding platforms such as Kickstarter to gauge pre-orders? This way, you will know the potential of your product and also get some idea how to market it online.

Know Your Competitors: Do your homework and find out everything you can about your competitors in the market – both larger and smaller players. What kinds of customers are they targeting and what kinds of services do they offer and is there anything you can learn from the way they do business online? Is there anything unique you can bring to the table? Once you ‘know your enemy’, you can work out ways to differentiate your brand, and this leads us on to the next point.

Marketing Plan: Once you have discovered both what your competitors can do well and what they are lacking, it is time to develop a sound marketing strategy that plays to your relative strengths. Your action plan should begin with an idea of what you want to achieve (whether that’s a turnover figure, customer numbers and so on), and then you can break it down step by step in a way that will help you achieve this. 

Assuming you are working to a limited budget to begin with, think about getting your head around free marketing methods such as blogging, social media or article marketing. If you do this right it can really pay off, but it does take time so be patient.

Build A Strong Website: In this day and age, not only is it absolutely vital for a company to have a website (particularly, of course, if you want to do business online!) but you also have to spend a great deal of time making it look professional and update it on a regular basis. 

Make sure that your products and services are clearly displayed and described and don’t over-clutter it with unnecessary images, text or videos. Above all, ensure you invest in a good check-out system that makes it easy for clients to buy your products. If it’s slow, the modern customer can quickly lose patience and go elsewhere.





.

Saturday 25 June 2016

Video Marketing - A Future Dominated By Video Content – The Numbers You Need to Know


Right now, the vast majority of internet marketing experts are predicting a future absolutely dominated by original online video content. Video marketing may currently be the stomping ground of much larger companies, but research suggests that even the smallest and newest businesses out there could benefit enormously by upping the ante in video-stakes.



By the end of the current decade, video content will account for the overwhelming majority of all global web traffic. Which is precisely why now is the time to take into account a few of the most important facts and figures, which help solidify just how crucial it is to pay closer attention to the power and relevance of video marketing right now.

60 Seconds of Video = 1.8 Million Words

A picture is worth 1,000 words, but how about a minute of video? Well, according to one Forrester Research guru by the name of Dr. James McQuivey, you’d need to pen somewhere in the region of 1.8 million words to deliver the same level of information and impact as just 60 seconds a video. How exactly? It’s easy really – simply consider the subtleties, body language, atmosphere, music, hidden meanings and so that can be presented in just a few seconds of video.

Unrivalled Reach

Each and every day, somewhere in the region of 100 million Internet users go online specifically for the purpose of watching online video content. In addition, close to half of all Internet users watch at least one web-based marketing video every month. Video marketing gives businesses of all sizes the ability to reach gigantic global audiences like nothing else.

90% Influence Rate

In terms of influence, somewhere in the region of 90% of consumers say that their spending decisions and actions in general are influenced directly by helpful and relevant video content. For example, online stores that use video content to promote their products and promotions tend to close far more sales than those that do not.

16 Minutes, 49 Seconds

As of last year, the average time each and every Internet user spent watching video marketing materials online every month was 16 minutes and 49 seconds. Once again, you only have to refer back to the value of a single minute of effective video content to understand just how relevant this statistic really is.

Nurturing Action


Out of the hundreds of millions of web users that come across video marketing content every day, no less than 26% seek further information with regard to what the video they encountered was promoting. In addition, 22% go on to visit the website of the company responsible for the video, while around 12% will eventually buy the advertised product or respond exactly as intended.

Conversion Rates


Last but not least, on-going research has shown that each and every time an Internet user views a marketing video online, the chance of them going all the way to conversion increases by an incredible 64%. Not only this, but webpages featuring video content generally have vastly lower bounce rates and encourage consumers to spend considerably more time viewing and reading their content.

Saturday 11 June 2016

Should I be blogging for my business?


Once upon a time, blogging was just for journalists, fashionistas, foodies and other people who though the world needed to hear what they had to say. Though bloggers became very influential, they remained within the ‘bloggosphere’ and few large corporations jumped on the blogging bandwagon.

Fast forward a few years however and things are very different. Thanks to the impact of social media and the influence of Google’s updated algorithms, blogging is now very much a tool for business. In fact, blogging is now so effective your company can no longer afford to ignore its power.



Google

If you’re trying to improve your company’s SEO and boost your URL up the Google rankings, incorporating a regular blog into your website is an absolute must. For a while now, Google has been favouring sites that keep their content fresh. Adding a weekly or monthly blog to your site shows Google that you’re maintaining and updating it. A blog is also an excellent chance to add more keywords to your site and fill it with information rich links and images.

Social media

Social media is an incredibly powerful - and affordable - marketing tool. Used properly, social media helps you to connect with your clients, build a personality for your company and create a loyal customer base. If you add a blog to your site, you can promote it on social media and show your customers that you’re an active participant in the network.

If your blog is interesting and relevant enough, the members of your social network will like and share it, boosting brand awareness and giving your business high quality marketing for free.

Growing your business

As well as being good for your company image, blogging is also great for business. A whopping 60% of companies who blog acquire more customers, a statistic that even the most cautious business owners can’t afford to ignore.

Building a relationship with customers

A blog is a great way to create a dialogue with customers and to build a solid business relationship. Through a blog, customers can get to know your company, your products and your services, ensuring that you’ll be the first name they think of next time they’re looking for anything you offer.

A blog also shows that you’re an authority in your area, giving existing and potential customers confidence in your abilities.

If you’re one of the many businesses that hasn’t yet embraced the blog, now’s the time to begin

Saturday 6 February 2016

Creative And Low-Cost Online Marketing Strategies

With so many companies vying for attention on the online marketplace, it’s becoming harder and harder to get through to your target audience. This is particularly true if you don’t have the seemingly limitless marketing budget of some of the biggest players. But this needn’t be a handicap: if you want your online customers to take notice of you then all you have to do is think a bit more creatively.


Here are some low-cost marketing ideas you may not have considered:

Find Niche Blogs: It’s a good idea to use other media platforms to gain exposure, but of course many smaller companies couldn’t expect to get on the front cover of a big trade magazine. Instead, what you could do is seek out niche blogs that appear to be popular and well-respected. You can then suggest that you write a guest article for them focusing on some particular issue related to your sector. This is a good way to spread your company’s name (because you can usually include a link to your website) and set yourself up as someone clients could turn to for advice.

Create YouTube Videos: YouTube has hundreds of millions of unique visitors each month, which makes it a pretty powerful platform for business marketing. It’s also free to use, so you should make the best use of it by putting together a great video. Make sure the headline uses the right keywords and that it has a clear call to action (such as encouraging the viewer to visit your website or subscribe to your channel). Try to be original and make it either useful or entertaining – nobody wants to watch another dull corporate overview of a company.

Get Endorsement: Yes, if you’re a small business you can probably rule out finding a major Hollywood star to come on board. But have you thought about sounding out local celebrities to see if they would be willing to endorse your business? These don’t have to be actors, singers or TV personalities – it could simply be somebody who is well-known in the local area as a positive role model. You can then send them a free gift or trial of your products and follow this up later on to see if they would be willing to write you a testimonial. People are much more likely to buy something if somebody they recognise and trust has given it a positive review.

Start LinkedIn Group: Creating your own professional network can set you up as a useful information resources while increasing the number of visitors to your site and building up new contacts. Add to this to the fact that it’s free to do and there’s really no good reason no to. Just remember that this is a networking resource: at no point should you be attempting the hard sell.


Saturday 5 December 2015

What Are The Benefits Of Business Blogging?




Despite the number of successful bloggers out there, many people still aren’t convinced of its benefits for online marketing. After all, they say, all you are doing is writing articles – you are not actually ‘selling’ your product so how can this grow your business? The answer is that you are selling the image of your company – the idea of yourself as a brand. And in this oversaturated global marketplace, this is a crucial differentiating factor. If you’re still not convinced, here are just some of the many key benefits of business blogging: 




Increasing Client Base: It’s hard to attract new clients if your website isn’t regularly updated because your search engine rankings will fall. A regularly updated, well-written blog is a great way to keep your site fresh without having to spend a lot of time changing the graphics. Furthermore, if your blog addresses specific problems faced by your customer base then they will come to trust you as an expert in your field and are more likely to be converted into paying clients rather than casual visitors.

Increasing Your Writing Prospects: If you are already running a business but want to become a published author in your field of expertise to boost your personal brand then a blog is a great way to start. For one thing, it’s a regular discipline that helps you to become a better, more fluent writer. If you engage with customers by encouraging comments it will also help you to discover what people like to read and what they don’t. By the time you come to write your book you will have gained a lot of knowledge of your customer base and hopefully also built up a ready-made audience to buy your book. A large number of online followers always sits well with potential publishers.

Building A Network:
If your blog is well written then hopefully you will start to build up your own online network to engage with through both your website and social media platforms. Not only will this hopefully increase your client base, it also gives you access to other experts with whom you can share advice and information. It’s good to have this kind of mutual support in today’s competitive market environment.

Improving SEO: Contrary to what many believe, search engine rankings are still important. After all, search engines are still there to deliver results that will be useful and relevant to their users. If you write valuable articles around a particular topic to a consistently high standard then search engines will recognise this and your search engine rankings will rise accordingly.

Saturday 7 November 2015

How To Make Article Marketing Work For You

When it comes to article marketing, it’s important to have high quality, unique content.  Simply submitting content to article sites will not do you any favours unless it offers a new viewpoint, addresses a genuine issue or offers useful advice.



There may be links to your website from poor quality articles, but this is no good if nobody bothers to read till the end. In fact they can do you more harm than good: if the article is very badly written it will tend to reflect badly on your company. Here, then, is what to do to ensure that your article marketing has the effect you intended:

Writing Quality Articles: This is the most important rule to remember: before you start posting your content onto articles sites, test it out on your own website first and see how customers respond. If you are writing pieces that are useful to your website visitors then you can be fairly confident that potential customers who have not yet seen your website will also find them helpful. And don’t just hide them away in your ‘blog’ section (many customers won’t bother clicking on that), display them prominently on your home or product pages with catchy titles that will get people reading.

Getting Article Ideas: If you are struggling with the above because you simply can’t come up with any strong article ideas, don’t panic: this is a skill that can take a while to master. A good way of generating ideas is to do a search using the most relevant product or service keywords for you and seeing what kinds of information people are looking for. You could also look in forums related to your industry sector and find out what the big topics are at the moment or what kinds of problems people are struggling with: you can then base your article around this.

Make It A Collaboration: You may find that you don’t have the time to write all the articles yourself, and this is not a problem either. In fact, it’s good to get another perspective from time to time if you’re running low on ideas. You can encourage your employees to contribute their own articles. If they are heavily involved in marketing and selling your products then they will probably have plenty to say. You could even ask your customers if they would like to contribute content, along the lines of ‘tips on how to use these products’. Finally, if you’re really struggling to produce enough content, you can hire writers in to create it for you. Just make sure they have knowledge of the subject and can create engaging content.